What's new
Fantasy Football - Footballguys Forums

Welcome to Our Forums. Once you've registered and logged in, you're primed to talk football, among other topics, with the sharpest and most experienced fantasy players on the internet.

Bitcoin-Explain to me how to buy these things (1 Viewer)

Havnt really been looking too much because I'm down and committed..

I guess we'll see in 2 years
 
KGB said:
So Far, pretty disappointed. just gonna hold for a couple of years and we shall see. :kicksrock:
Click to expand...
Aren’t you still way up on crypto in general? Feels like you were in the crypto game pretty early and that seems like where most of the winners in the crypto space are. Also—I feel like the INC one that you mentioned in an earlier thread has actually done decently well. In any case—it still sucks about that rug pull thing you mention. When you say you are going to wait a couple of years—do you see yourself sticking to the same 4 or 5 coins you mentioned and just buy/sell those based on fluctuations over the next couple of years—or are you just going to hang onto what you have and not make any moves for the next couple of years?
 
jvdesigns2002 said:
KGB said:
So Far, pretty disappointed. just gonna hold for a couple of years and we shall see. :kicksrock:
Click to expand...
Aren’t you still way up on crypto in general? Feels like you were in the crypto game pretty early and that seems like where most of the winners in the crypto space are. Also—I feel like the INC one that you mentioned in an earlier thread has actually done decently well. In any case—it still sucks about that rug pull thing you mention. When you say you are going to wait a couple of years—do you see yourself sticking to the same 4 or 5 coins you mentioned and just buy/sell those based on fluctuations over the next couple of years—or are you just going to hang onto what you have and not make any moves for the next couple of years?
Click to expand...
Hey buddy. Im just a dude. so, pretty depressed.

Yes, if you count version 1, still ahead. but I gambled quite a bit of $$$ on the [pulse system and so far not so good.

essentially everyone who got a 2x bonus for donating so much cashed out and dropped the price.

bummed but I guess not surprised. I saw it as a possible scenario.

Frankly, probably going to DCA.

|I still like the idea, just need to process





A ton of coins/systems come out, go up a bit and then drop huge, and then make millionaires/billionares.

the questions is, do we have the balls to go to 0 or ride it out

I do
 
KGB said:
jvdesigns2002 said:
KGB said:
So Far, pretty disappointed. just gonna hold for a couple of years and we shall see. :kicksrock:
Click to expand...
Aren’t you still way up on crypto in general? Feels like you were in the crypto game pretty early and that seems like where most of the winners in the crypto space are. Also—I feel like the INC one that you mentioned in an earlier thread has actually done decently well. In any case—it still sucks about that rug pull thing you mention. When you say you are going to wait a couple of years—do you see yourself sticking to the same 4 or 5 coins you mentioned and just buy/sell those based on fluctuations over the next couple of years—or are you just going to hang onto what you have and not make any moves for the next couple of years?
Click to expand...
Hey buddy. Im just a dude. so, pretty depressed.

Yes, if you count version 1, still ahead. but I gambled quite a bit of $$$ on the [pulse system and so far not so good.

essentially everyone who got a 2x bonus for donating so much cashed out and dropped the price.

bummed but I guess not surprised. I saw it as a possible scenario.

Frankly, probably going to DCA.

|I still like the idea, just need to process





A ton of coins/systems come out, go up a bit and then drop huge, and then make millionaires/billionares.

the questions is, do we have the balls to go to 0 or ride it out

I do
Click to expand...
doge and
jvdesigns2002 said:
KGB said:
So Far, pretty disappointed. just gonna hold for a couple of years and we shall see. :kicksrock:
Click to expand...
Aren’t you still way up on crypto in general? Feels like you were in the crypto game pretty early and that seems like where most of the winners in the crypto space are. Also—I feel like the INC one that you mentioned in an earlier thread has actually done decently well. In any case—it still sucks about that rug pull thing you mention. When you say you are going to wait a couple of years—do you see yourself sticking to the same 4 or 5 coins you mentioned and just buy/sell those based on fluctuations over the next couple of years—or are you just going to hang onto what you have and not make any moves for the next couple of years?
Click to expand...
Frankly I think its stupid low on some things, and time to buy. but im still in shock and will update when I can
 
Capella said:
Desert_Power said:
SFBayDuck said:
:tfp:
Click to expand...
What happened out there? https://coinmarketcap.com/
Click to expand...
Every big name exchange is in SEC trouble, defrauded their customers, cutting crypto out or a combo of all 3.
Click to expand...
Yeah, the blood in the streets today def bc of the Coinbase and Binance lawsuits. Who knows where those will end up. I think Coinbase is probably pretty safe. Binance, I have my doubts.

The big exchanges at least (can't vouch for the others) filed with the SEC just like they were supposed to. They got denied by the SEC, without reason. Why you think that might be? I have my theories. Bottom line, I don't think they're trying to stop it, I think the government is trying to stop the front running of this stuff, because they know they can't stop it. So they're trying to do that by lawsuits currently. If they are successful, they'll slowly open back up markets in the US (after they've bought at rock bottom prices caused by their own doing) and sell you fractions and derivatives but they will hold the actual assets.

Just my 2 cents from a bunch of research. #notfinancialadvice
 
Reminder: BTC rises and falls, historically, in 4 year cycles. We still have another year before the next predicted rise, thanks to the BTC halving cycle. The SEC cannot stop that. Nothing in life has guarantees of course and past performance doesn't predict future action and all that. But there 100% will be a BTC halving cycle event in the next year to year and a half. That is a guarantee, thanks to BTC's code.
That said, swings like this one, make for an interesting market. Personally, I made several buys today for things on my watchlist. Gauging by the BTC chart, there's still a little room for downward movement before we hit the next point of resistance (~22Kish). If we break below that, some of the indicators are showing that we could be looking back down to 12K BTC. I will be DCAing all of this, and maybe looking for little jumps to take profits when possible.
 
Nathan R. Jessep said:
Yeah, the blood in the streets today def bc of the Coinbase and Binance lawsuits. Who knows where those will end up. I think Coinbase is probably pretty safe. Binance, I have my doubts.

The big exchanges at least (can't vouch for the others) filed with the SEC just like they were supposed to. They got denied by the SEC, without reason. Why you think that might be? I have my theories. Bottom line, I don't think they're trying to stop it, I think the government is trying to stop the front running of this stuff, because they know they can't stop it. So they're trying to do that by lawsuits currently. If they are successful, they'll slowly open back up markets in the US (after they've bought at rock bottom prices caused by their own doing) and sell you fractions and derivatives but they will hold the actual assets.

Just my 2 cents from a bunch of research. #notfinancialadvice
Click to expand...

in doing some more reading on all this today, I have gleaned the following nuggets:
  • Coinbase was charged for operating as an unregistered broker, exchange, and clearing agency. The SEC highlighted Coinbase's Prime, Wallet, Staking products, and the tokens it lists, as areas where it violated federal securities laws. They also claimed a pretty long list of some pretty major tokens were securites (Filecoin $FIL, Polygon $MATIC, Cardano $ADA, Solana $SOL to name a few)
  • Coinbase is arguing that the SEC approved their IPO for their company (stock). Coinbase has also previously sued the SEC for... not providing regulatory clarity.
  • Binance's charges are more that of fraud. They let US residents do business on their platform when they apparently weren't registered to do that and were claiming they were not in fact doing that (they were). And the owner Changpeng Zhao was operating the US Binance under the Binance umbrella even though they claimed it was a separate entity. And they were comingling funds according to the SEC.
Oh and fun fact! Gary Gensler applied to serve as an advisor for Binance in 2019 before becoming SEC chair. :coffee:
 
I think I might track my progress here trying to build a crypto portfolio with only profits from trading. My goal is to get 0.1 BTC and 1 ETH from just buying dips and selling runs. Let's see how it goes. (Disclaimer: I have other holdings that I am holding long-term, but I'm buying and selling the meme coins with ETH and then eventually (hopefully) converting the profits back to BTC and ETH). Wish me luck.

Started
0.01 BTC (~$250)
0.32 ETH (~$550)

Total: $800

Current
0.00 BTC ($0)
0.11 ETH (~$200)
7.5B Jesus (~600)
2.5B Mong (~$25)
30B Tate (~$25)

Total: $850
 
Nathan R. Jessep said:
Reminder: BTC rises and falls, historically, in 4 year cycles. We still have another year before the next predicted rise, thanks to the BTC halving cycle.
Click to expand...
Seems a bit risky to count on 4 year cycles for something that has only seen 3 of them. Still, I ended up down a rabbit hole about Satoshi when looking up the actual year Bitcoin came into being. Pretty weird that it is still a mystery given how much BTC he would own.
 
Started
0.01 BTC (~$250)
0.32 ETH (~$550)

Total: $800

Current
0.00 BTC ($0)
0.1542 ETH (~$275)
7B Jesus (~1000)
2.5B Mong (~$25)
30B Tate (~$25)

Total: $1325
Profit/(Loss): $525

Transactions
6/11: Swapped 2B Jesus for .1122 ETH
6/13: Swapped .1520 ETH for 2.5B Jesus
6/14: Swapped 1B Jesus for .08213 ETH
 
Last edited:
What would you do if your life savings was on an exchange. And it was roughly a 65/35 metal/crypto distribution :whistling:

I like having the flexibility to swap between metal/crypto, but I don't want to lose everything if something insane happened because of this SEC stuff. But I also don't want to hold a whole bunch of physical gold/silver in my apt. Or do I? Also not a fan of holding dollars just decaying in a bank.

I've been sitting on it for several years now waiting to pull the trigger on a house. But the way things are going I don't know that I'll ever get to spend it. And I don't produce any kind of return at all with it just sitting there. I also don't want to eat **** on the capital gains tax, but I guess I'll have to pay those at some point anyway.

All I want is to invest it in a way that will make life/finances easier on me long term. It's very hard anymore to build a solid livelihood. Any ideas?
 
Last edited:
ren hoek said:
What would you do if your life savings was on an exchange. And it was roughly a 65/35 metal/crypto distribution :whistling:

I like having the flexibility to swap between metal/crypto, but I don't want to lose everything if something insane happened because of this SEC stuff. But I also don't want to hold a whole bunch of physical gold/silver in my apt. Or do I? Also not a fan of holding dollars just decaying in a bank.

I've been sitting on it for several years now waiting to pull the trigger on a house. But the way things are going I don't know that I'll ever get to spend it. And I don't produce any kind of return at all with it just sitting there. I also don't want to eat **** on the capital gains tax, but I guess I'll have to pay those at some point anyway.

All I want is to invest it in a way that will make life/finances easier on me long term. It's very hard anymore to build a solid livelihood. Any ideas?
Click to expand...
Honestly—you know where I stand about precious metals (I feel like anybody that has investments in equities or crypto should own some) and crypto (I basically only trust Bitcoin—but it only represents a tiny portion of my portfolio). I am not qualified to give financial advice—but your situation scares the heck out of me. The exchanges are a magnet for disaster and having all of your life savings on an exchange is hugely concerning imo. I don’t know the tax ramifications of moving it out of an exchange—but you mentioned capital gains. You’d only be paying taxes if you made money—which is a good thing. Are you way up to where the profits that you’d make would result in a giant tax bill?

Lastly—while I believe in the precious metals—I believe in them in regards to physical ownership of them. If you don’t want to put it in your residence—just rent a safety deposit box at a bank and store the majority of it there. In general—I do think that having some cash in hand for the next 6-18 months is a good idea. I think there might be some opportunity for real estate and equities in that time span—and having liquidity to where you can act fast when prices come down is not a bad idea.

I want to make clear that my post is not anti-crypto for the fanatics out there. I just offering a personal opinion of how being over invested in it, while having all of your net worth on an exchange is very risky.
 
Last edited:
jvdesigns2002 said:
ren hoek said:
What would you do if your life savings was on an exchange. And it was roughly a 65/35 metal/crypto distribution :whistling:

I like having the flexibility to swap between metal/crypto, but I don't want to lose everything if something insane happened because of this SEC stuff. But I also don't want to hold a whole bunch of physical gold/silver in my apt. Or do I? Also not a fan of holding dollars just decaying in a bank.

I've been sitting on it for several years now waiting to pull the trigger on a house. But the way things are going I don't know that I'll ever get to spend it. And I don't produce any kind of return at all with it just sitting there. I also don't want to eat **** on the capital gains tax, but I guess I'll have to pay those at some point anyway.

All I want is to invest it in a way that will make life/finances easier on me long term. It's very hard anymore to build a solid livelihood. Any ideas?
Click to expand...
Honestly—you know where I stand about precious metals and crypto (I basically only trust Bitcoin—but it only represents a tiny portion of my portfolio). I am not qualified to give financial advice—but your situation scares the heck out of me. The exchanges are a magnet for disaster and having all of your life savings on an exchange is hugely concerning imo. I don’t know the tax ramifications of moving it out of an exchange—but you mentioned capital gains. You’d only be paying taxes if you made money—which is a good thing. Are you way up to where the profits that you’d make would result in a giant tax bill?

Lastly—while I believe in the precious metals—I believe in them in regards to physical ownership of them. If you don’t want to put it in your residence—just rent a safety deposit box at a bank and store the majority of it there. In general—I do think that having some cash in hand for the next 6-18 months is a good idea. I think there might be some opportunity for real estate and equities in that time span—and having liquidity to where you can act fast when prices come down is not a bad idea.

I want to make clear that my post is somehow anti-crypto for the fanatics out there. I just offering a personal opinion of how being over invested in it, while having all of your net worth on an exchange is very risky.
Click to expand...

I don't think he specifically mentioned having it on an exchange so hopefully he is self custodying the cyrpto (and the SEC stuff he's just worried about tanking the price) because I totally agree, I wouldn't want my life savings sitting on what is essentially an unregulated bank without FDIC insurance or tax payer bailouts backing it up.

And I agree, if doing metals buy the physical stuff and put it in a deposit box.

Cash isn't terrible right now as money market rates are roughly around inflation. Real estate is the most reliable asset long term.
 
FreeBaGeL said:
jvdesigns2002 said:
ren hoek said:
What would you do if your life savings was on an exchange. And it was roughly a 65/35 metal/crypto distribution :whistling:

I like having the flexibility to swap between metal/crypto, but I don't want to lose everything if something insane happened because of this SEC stuff. But I also don't want to hold a whole bunch of physical gold/silver in my apt. Or do I? Also not a fan of holding dollars just decaying in a bank.

I've been sitting on it for several years now waiting to pull the trigger on a house. But the way things are going I don't know that I'll ever get to spend it. And I don't produce any kind of return at all with it just sitting there. I also don't want to eat **** on the capital gains tax, but I guess I'll have to pay those at some point anyway.

All I want is to invest it in a way that will make life/finances easier on me long term. It's very hard anymore to build a solid livelihood. Any ideas?
Click to expand...
Honestly—you know where I stand about precious metals and crypto (I basically only trust Bitcoin—but it only represents a tiny portion of my portfolio). I am not qualified to give financial advice—but your situation scares the heck out of me. The exchanges are a magnet for disaster and having all of your life savings on an exchange is hugely concerning imo. I don’t know the tax ramifications of moving it out of an exchange—but you mentioned capital gains. You’d only be paying taxes if you made money—which is a good thing. Are you way up to where the profits that you’d make would result in a giant tax bill?

Lastly—while I believe in the precious metals—I believe in them in regards to physical ownership of them. If you don’t want to put it in your residence—just rent a safety deposit box at a bank and store the majority of it there. In general—I do think that having some cash in hand for the next 6-18 months is a good idea. I think there might be some opportunity for real estate and equities in that time span—and having liquidity to where you can act fast when prices come down is not a bad idea.

I want to make clear that my post is somehow anti-crypto for the fanatics out there. I just offering a personal opinion of how being over invested in it, while having all of your net worth on an exchange is very risky.
Click to expand...

I don't think he specifically mentioned having it on an exchange so hopefully he is self custodying the cyrpto (and the SEC stuff he's just worried about tanking the price) because I totally agree, I wouldn't want my life savings sitting on what is essentially an unregulated bank without FDIC insurance or tax payer bailouts backing it up.

And I agree, if doing metals buy the physical stuff and put it in a deposit box.

Cash isn't terrible right now as money market rates are roughly around inflation. Real estate is the most reliable asset long term.
Click to expand...
He did mention having all of his life savings on an exchange in the first sentence of his post. He also said it’s 65% metal and 35% crypto.
 
ren hoek said:
What would you do if your life savings was on an exchange. And it was roughly a 65/35 metal/crypto distribution :whistling:

I like having the flexibility to swap between metal/crypto, but I don't want to lose everything if something insane happened because of this SEC stuff. But I also don't want to hold a whole bunch of physical gold/silver in my apt. Or do I? Also not a fan of holding dollars just decaying in a bank.

I've been sitting on it for several years now waiting to pull the trigger on a house. But the way things are going I don't know that I'll ever get to spend it. And I don't produce any kind of return at all with it just sitting there. I also don't want to eat **** on the capital gains tax, but I guess I'll have to pay those at some point anyway.

All I want is to invest it in a way that will make life/finances easier on me long term. It's very hard anymore to build a solid livelihood. Any ideas?
Click to expand...

I would either move my holdings to a personal wallet or to a thumb drive and get your holdings off the exchanges. You can move your ETH (and some other tokens) to a MetaMask wallet. You can move your BTC to BlueWallet. The thumb drive is the safest bet, put your holding on there and go put it in a safety deposit box. Then when you're ready to cash out, filter it back through the exchanges to your bank.

Also, not your financial advisor, but I would lower my crypto percentage. I'm a big believer in crypto going up (well...BTC and ETH) and my current crypto portfolio (meaning the assets I personally put in) is only about 2% of my investments.

If you follow me in this thread, I'm going to try and turn $800 into about $5000 by XMAS by simply buying and selling dips and runs with a meme coin called $Jesus. I sold a run yesterday and I'm waiting for a dip to double my position. If you want to go for a big hit, I can tell you how to get the coin, throw $1000 on it and just let it sit until I tell you to sell it. Problem is, the damn coin just doesn't want to dip enough for me to buy back in. LOL.
 
Last edited:
jvdesigns2002 said:
I want to make clear that my post is somehow anti-crypto for the fanatics out there. I just offering a personal opinion of how being over invested in it, while having all of your net worth on an exchange is very risky.
Click to expand...
Thanks, I understand the line about ‘financial advice’ too 🙄, but I trust your opinion.

It’s Uphold, which I’ve always found to be pretty reputable. And I should mention that the crypto portion is about 90% on a hardware wallet- I don’t really consider it life savings because I operate with the assumption that it could fall to 0, but I like having a good longterm position in it more than realizing its current value.

More than anything I just hate the idea of having been patient and responsible all these years, just to watch it burn and never spend a cent of it. That supercedes everything else.

My thinking is I could take out a significant portion towards ethereum (to me the safest and most trafficked blockchain) and just stake that going forward. Then get the physical metal & maybe have a little bit of cash handy too. I think the only reason I’ve left it there so long was to have liquidity for when the market moves, but I don’t think I can time it like that.

Anyway, really appreciate everyone’s advice
 
FreeBaGeL said:
jvdesigns2002 said:
ren hoek said:
What would you do if your life savings was on an exchange. And it was roughly a 65/35 metal/crypto distribution :whistling:

I like having the flexibility to swap between metal/crypto, but I don't want to lose everything if something insane happened because of this SEC stuff. But I also don't want to hold a whole bunch of physical gold/silver in my apt. Or do I? Also not a fan of holding dollars just decaying in a bank.

I've been sitting on it for several years now waiting to pull the trigger on a house. But the way things are going I don't know that I'll ever get to spend it. And I don't produce any kind of return at all with it just sitting there. I also don't want to eat **** on the capital gains tax, but I guess I'll have to pay those at some point anyway.

All I want is to invest it in a way that will make life/finances easier on me long term. It's very hard anymore to build a solid livelihood. Any ideas?
Click to expand...
Honestly—you know where I stand about precious metals and crypto (I basically only trust Bitcoin—but it only represents a tiny portion of my portfolio). I am not qualified to give financial advice—but your situation scares the heck out of me. The exchanges are a magnet for disaster and having all of your life savings on an exchange is hugely concerning imo. I don’t know the tax ramifications of moving it out of an exchange—but you mentioned capital gains. You’d only be paying taxes if you made money—which is a good thing. Are you way up to where the profits that you’d make would result in a giant tax bill?

Lastly—while I believe in the precious metals—I believe in them in regards to physical ownership of them. If you don’t want to put it in your residence—just rent a safety deposit box at a bank and store the majority of it there. In general—I do think that having some cash in hand for the next 6-18 months is a good idea. I think there might be some opportunity for real estate and equities in that time span—and having liquidity to where you can act fast when prices come down is not a bad idea.

I want to make clear that my post is somehow anti-crypto for the fanatics out there. I just offering a personal opinion of how being over invested in it, while having all of your net worth on an exchange is very risky.
Click to expand...

I don't think he specifically mentioned having it on an exchange so hopefully he is self custodying the cyrpto (and the SEC stuff he's just worried about tanking the price) because I totally agree, I wouldn't want my life savings sitting on what is essentially an unregulated bank without FDIC insurance or tax payer bailouts backing it up.

And I agree, if doing metals buy the physical stuff and put it in a deposit box.

Cash isn't terrible right now as money market rates are roughly around inflation. Real estate is the most reliable asset long term.
Click to expand...
Your last paragraph was what I was going to say. I’m getting 4.65% right now on cash at Fidelity. Not a bad place to park cash right now. I’d be scared having so much in crypto right now. If I own Apple, sure a recession could hurt but at least there is a business that you know the sales/earnings to give it a value. My historical issue with crypto is there is nothing behind any of these coins and we’ve seen large exchanges go boom all the way back to the beginning. If you’ve made great returns, I’d be thinking about moving that into the real cash area and bank the returns.
 
ren hoek said:
It’s Uphold, which I’ve always found to be pretty reputable. And I should mention that the crypto portion is about 90% on a hardware wallet- I don’t really consider it life savings because I operate with the assumption that it could fall to 0, but I like having a good longterm position in it more than realizing its current value.

More than anything I just hate the idea of having been patient and responsible all these years, just to watch it burn and never spend a cent of it. That supercedes everything else.

My thinking is I could take out a significant portion towards ethereum (to me the safest and most trafficked blockchain) and just stake that going forward. Then get the physical metal & maybe have a little bit of cash handy too. I think the only reason I’ve left it there so long was to have liquidity for when the market moves, but I don’t think I can time it like that.

Anyway, really appreciate everyone’s advice
Click to expand...
I have way less invested than you I am sure, but that being said, if you get out now, you are getting out at pretty much the bottom of the cycle. If you think all crypto going to zero, I guess that's the move. Otherwise, I think there's a good chance of the start of a runup before the end of 2023, and major upswing by mid 2024. #notfinancialadvice

If it's 90% on a hardware wallet as you mentioned, then you should be good to wait it out if you so choose. The US exchanges might get shut down by SEC, but overseas exchanges and DEXes will not. When there's a run up, you send your assets from your hardware to wherever the price is best and sell for stable (or BTC/ETH) then and ship back to your hardware wallet.
 
$Jesus Coin has been a revelation so far. Interest is starting to pick up on the coin. The holders voted to make it a DAO. They are burning 80% of the coins in the Fall. The market cap is still only 20M so there is plenty of room to run. I've been accumulating trying to get to 10B $Jesus and put my initial BTC and ETH back in my wallet...almost there. Need another couple of dips. ETA: The way things are going, my initial plan of 0.1 BTC and 3 ETH on trading this coin seems attainable.

Started
0.01 BTC (~$250)
0.32 ETH (~$550)

Total: $800

Current
0.00 BTC ($0)
0.00916 ETH (~$20)
9.25B Jesus (~$1000)

Total: $1020
Profit/(Loss): $220

Transactions
6/11: Swapped 2B Jesus for .1122 ETH
6/13: Swapped .1520 ETH for 2.5B Jesus
6/14: Swapped 1B Jesus for .08213 ETH
6/15: Swapped .1001 ETH for 1.25B Jesus
6/16: Swapped .04022 ETH for 500M Jesus
6/16: Swapped 2.5B Mong for .0233 ETH
6/16: Swapped 30B Tate for .01354 ETH
6/16: Swapped .03236 ETH for 500M Jesus
 
Last edited:
Jesus took a big dip this morning so I loaded up all my seed money into it hoping I can take some profits if this runs again. Wish me luck.

Started
0.01 BTC (~$250)
0.32 ETH (~$550)

Total: $800

Current
0.00 BTC ($0)
0.00916 ETH (~$20)
9.25B Jesus (~$1000)

Total: $1020
Profit/(Loss): $220

Transactions
6/11: Swapped 2B Jesus for .1122 ETH
6/13: Swapped .1520 ETH for 2.5B Jesus
6/14: Swapped 1B Jesus for .08213 ETH
6/15: Swapped .1001 ETH for 1.25B Jesus
6/16: Swapped .04022 ETH for 500M Jesus
6/16: Swapped 2.5B Mong for .0233 ETH
6/16: Swapped 30B Tate for .01354 ETH
6/16: Swapped .03236 ETH for 500M Jesus
 
Snotbubbles said:
Jesus took a big dip this morning so I loaded up all my seed money into it hoping I can take some profits if this runs again. Wish me luck.

Started
0.01 BTC (~$250)
0.32 ETH (~$550)

Total: $800

Current
0.00 BTC ($0)
0.00916 ETH (~$20)
9.25B Jesus (~$1000)

Total: $1020
Profit/(Loss): $220

Transactions
6/11: Swapped 2B Jesus for .1122 ETH
6/13: Swapped .1520 ETH for 2.5B Jesus
6/14: Swapped 1B Jesus for .08213 ETH
6/15: Swapped .1001 ETH for 1.25B Jesus
6/16: Swapped .04022 ETH for 500M Jesus
6/16: Swapped 2.5B Mong for .0233 ETH
6/16: Swapped 30B Tate for .01354 ETH
6/16: Swapped .03236 ETH for 500M Jesus
Click to expand...
Looks suspiciously like our friend @KGB from about two years ago
 
beer 30 said:
Snotbubbles said:
Jesus took a big dip this morning so I loaded up all my seed money into it hoping I can take some profits if this runs again. Wish me luck.

Started
0.01 BTC (~$250)
0.32 ETH (~$550)

Total: $800

Current
0.00 BTC ($0)
0.00916 ETH (~$20)
9.25B Jesus (~$1000)

Total: $1020
Profit/(Loss): $220

Transactions
6/11: Swapped 2B Jesus for .1122 ETH
6/13: Swapped .1520 ETH for 2.5B Jesus
6/14: Swapped 1B Jesus for .08213 ETH
6/15: Swapped .1001 ETH for 1.25B Jesus
6/16: Swapped .04022 ETH for 500M Jesus
6/16: Swapped 2.5B Mong for .0233 ETH
6/16: Swapped 30B Tate for .01354 ETH
6/16: Swapped .03236 ETH for 500M Jesus
Click to expand...
Looks suspiciously like our friend @KGB from about two years ago
Click to expand...
Here’s how the founders describe the coin. Looks totally legit.

“Your prayers have been heard. Jesus Christ has returned to forgive your sins and redeem your bad trades. $JESUS is the way, the truth, and the life.

For God so loved the world that he gave his one and only Coin, that whoever believes in it shall not perish but have eternal vibes. John 4:20”
 
I've run $Jesus through several available tools to check it out a little closer. 99% of the meme coins fail these checks. $Jesus actually looks pretty solid and passes all checks. The checks are not perfect but they are pretty good at IDing blatant scams and rug pulls. 2 of the main factors that usually cause failure in security checks are non-renounced ownership contract (meaning the owner can just go in there and change the token's code and lock other owner's out) and liquidity not locked away. $Jesus passes both of these, as well as the host of other checks. So from a financial standpoint, it's on solid ground. This is not financial advice, but I may throw a few gambling bucks at this one (I'm only in on a small handful of memes). If Elon were to tweet about it, could be a nice little return. :lol:
 
ILUVBEER99 said:
beer 30 said:
Snotbubbles said:
Jesus took a big dip this morning so I loaded up all my seed money into it hoping I can take some profits if this runs again. Wish me luck.

Started
0.01 BTC (~$250)
0.32 ETH (~$550)

Total: $800

Current
0.00 BTC ($0)
0.00916 ETH (~$20)
9.25B Jesus (~$1000)

Total: $1020
Profit/(Loss): $220

Transactions
6/11: Swapped 2B Jesus for .1122 ETH
6/13: Swapped .1520 ETH for 2.5B Jesus
6/14: Swapped 1B Jesus for .08213 ETH
6/15: Swapped .1001 ETH for 1.25B Jesus
6/16: Swapped .04022 ETH for 500M Jesus
6/16: Swapped 2.5B Mong for .0233 ETH
6/16: Swapped 30B Tate for .01354 ETH
6/16: Swapped .03236 ETH for 500M Jesus
Click to expand...
Looks suspiciously like our friend @KGB from about two years ago
Click to expand...
Here’s how the founders describe the coin. Looks totally legit.

“Your prayers have been heard. Jesus Christ has returned to forgive your sins and redeem your bad trades. $JESUS is the way, the truth, and the life.

For God so loved the world that he gave his one and only Coin, that whoever believes in it shall not perish but have eternal vibes. John 4:20”
Click to expand...
:lol: I'm laughing but this is precisely the kind of thing that can gain a following. See also: $DOGE. :coffee: Remember, the success (investment wise) depends on market sentiment. If the financials are solid (see above post) and it should happen to catch fire, there is potential there for $ to be made. I still need to read the whitepaper and roadmap on this to see what they have planned for their infrastructure, though.
 
ILUVBEER99 said:
beer 30 said:
Snotbubbles said:
Jesus took a big dip this morning so I loaded up all my seed money into it hoping I can take some profits if this runs again. Wish me luck.

Started
0.01 BTC (~$250)
0.32 ETH (~$550)

Total: $800

Current
0.00 BTC ($0)
0.00916 ETH (~$20)
9.25B Jesus (~$1000)

Total: $1020
Profit/(Loss): $220

Transactions
6/11: Swapped 2B Jesus for .1122 ETH
6/13: Swapped .1520 ETH for 2.5B Jesus
6/14: Swapped 1B Jesus for .08213 ETH
6/15: Swapped .1001 ETH for 1.25B Jesus
6/16: Swapped .04022 ETH for 500M Jesus
6/16: Swapped 2.5B Mong for .0233 ETH
6/16: Swapped 30B Tate for .01354 ETH
6/16: Swapped .03236 ETH for 500M Jesus
Click to expand...
Looks suspiciously like our friend @KGB from about two years ago
Click to expand...
Here’s how the founders describe the coin. Looks totally legit.

“Your prayers have been heard. Jesus Christ has returned to forgive your sins and redeem your bad trades. $JESUS is the way, the truth, and the life.

For God so loved the world that he gave his one and only Coin, that whoever believes in it shall not perish but have eternal vibes. John 4:20”
Click to expand...
:lmao: :lmao:
 
Capella said:
I don’t know what jesuscoin(tm) is but I do know it’s going straight to 0 soon because it’s an obvious scam so I’d get the hell out of that. But that’s just me.
Click to expand...
It may... eventually. But it can't currently go straight to 0. The liquidity is locked away in smart contracts until at least November 2023. This is part of what I was talking about above.
 
Nathan R. Jessep said:
@Snotbubbles why just this one? Why not split into 2 or 3 different ones to diversify?
Click to expand...

My crypto guru guy absolutely loves this coin. He spends a good 20 hours a day researching and following. I don't really have time to research and follow like that so he will text me when to buy and when to sell. He texted me this morning so I bought the dip and it's back up again. He has a bunch of different coins, but he likes Jesus the most. I only have time to worry about 1 coin so I'm not putting my money in a bunch of meme coins, they scare me too much. I'm just trying to make a quick buck and get .1 BTC and 3 ETH from this. Then maybe I'll take $500 and do it on another coin that my guru likes. We'll see how this one goes. I only have $800 invested in this from some BTC and ETH I bought a couple years ago that was just flat-lining, so it's not like I'll lose my shirt if this goes to $0 and it's not like my $250 worth of Bitcoin was going to retire me if it Bitcoin goes to $1M. It's fun to play around buying the swings. Well worth my $800. I've spend more money than that on some stupid things. LOL.
 
Capella said:
I don’t know what jesuscoin(tm) is but I do know it’s going straight to 0 soon because it’s an obvious scam so I’d get the hell out of that. But that’s just me.
Click to expand...

It's a meme coin, it's not supposed to have any intrinsic value or purpose.

As @Nathan R. Jessep said, this meme coin isn't one that can be modified by the contract creator. In November they are burning 80% of the coins. Last week the holders voted to make it a DAO. It has potential to go up when people FOMO. Imagine if the Vatican said they are going to take Jesus Coin as donations or Elon Musk sends a tweet about it. In a week it could 50x.
 
You must log in or register to reply here.

Similar threads

nirad3
Talk to me about Disney's California Adventure
Replies
9
Views
254
nirad3
nirad3
wazoo11
Buying a car for the first time
Replies
14
Views
341
Sullie
Sullie
leftcoastguy7
My 12yo son and I need to have THE father-son talk. What should I say?
Replies
35
Views
718
Clown Car
Clown Car

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Top