Bitcoin-Explain to me how to buy these things (2 Viewers)

[Nathan R. Jessep]

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.

Amen

 

[jvdesigns2002]

I wonder what the effect of all of these meaningless/intrinsicly useless meme coins has in regards to inflation. We all are wanting the government to stop printing and spending so much money because of the inflationary consequences. Just seems like these meme coins are just a privatized way for people to effectively “print“ their own forms of money. I’m not using this as a passive aggressive way of hating on crypto—I’m genuinely curious. Even the market experts are acknowledging that inflation is stickier than they thought—and I wonder if this alternate form of “printing money” plays a role. I hope you don’t mind that I tagged you @Todem —but I’d love hearing your basic thoughts on this.

 

[Todem]

I wonder what the effect of all of these meaningless/intrinsicly useless meme coins has in regards to inflation. We all are wanting the government to stop printing and spending so much money because of the inflationary consequences. Just seems like these meme coins are just a privatized way for people to effectively “print“ their own forms of money. I’m not using this as a passive aggressive way of hating on crypto—I’m genuinely curious. Even the market experts are acknowledging that inflation is stickier than they thought—and I wonder if this alternate form of “printing money” plays a role. I hope you don’t mind that I tagged you @Todem —but I’d love hearing your basic thoughts on this.

Without getting into too much detail…..Crypto is a wild wild west unregulated casino.

Swim with extreme caution. In other words do not invest heavily into crypto. In fact if you want to hedge the dollar and the market in general with Bitcoin….do so with no more than 3-4% of your total portfolio and be willing for it to have some extreme peaks and valleys…..much like gold.

Bottom line for me is….I am not an expert in it, I don’t own it…nor feel the need to ever own it. Especially with it being unregulated and backed by….well vapor.

Not my thing.

And for the record…..I have not had one single client or person I know make any substantial money nor become an Island owner in Crypto.

Not a single person.

 

[Sand]

I wonder what the effect of all of these meaningless/intrinsicly useless meme coins has in regards to inflation.

This stuff is tiny, tiny compared to traditional markets or, even better of a comparison, Federal Reserve Assets.

Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level

View the total value of the assets of all Federal Reserve Banks as reported in the weekly balance sheet.

fred.stlouisfed.org

 

[massraider]

And for the record…..I have not had one single client or person I know make any substantial money nor become an Island owner in Crypto.

Not a single person.

Man, it sure is interesting tho, isn't it?

There is no reality show or TV series with this kind of riveting cast of characters and storylines.

 

[Nathan R. Jessep]

Bottom line for me is….I am not an expert in it, I don’t own it…nor feel the need to ever own it. Especially with it being unregulated and backed by….well vapor.

Not my thing.

And for the record…..I have not had one single client or person I know make any substantial money nor become an Island owner in Crypto.

Not a single person.

Appreciate the opinion. I would 100% agree with the need for regulation. I think any semi-serious investor would also at this point. And I personally think that regulation is what will propel mass adoption of crypto.

A couple questions...For a fair assessment at the sample size, how many people/clients do you know then that are invested in crypto? Of those, if they haven't made substantial money, have the lost? broke even? and how are you assessing this? over what time period? I ask because the market is pretty much at the bottom right now, so if you were to assess investments, say, a year ago, they've all going to be down right now.

 

[Snotbubbles]

Bottom line for me is….I am not an expert in it, I don’t own it…nor feel the need to ever own it. Especially with it being unregulated and backed by….well vapor.

Not my thing.

And for the record…..I have not had one single client or person I know make any substantial money nor become an Island owner in Crypto.

Not a single person.

Appreciate the opinion. I would 100% agree with the need for regulation. I think any semi-serious investor would also at this point. And I personally think that regulation is what will propel mass adoption of crypto.

A couple questions...For a fair assessment at the sample size, how many people/clients do you know then that are invested in crypto? Of those, if they haven't made substantial money, have the lost? broke even? and how are you assessing this? over what time period? I ask because the market is pretty much at the bottom right now, so if you were to assess investments, say, a year ago, they've all going to be down right now.

My good friend from HS bought 18 Bitcoin at $750 and sold on the first run-up at around $12,000.

My crypto guru, as I call him, showed me his wallet on Memorial Day. $1.65M in crypto. I can tell you, he is not down. He's hit on 5 or 6 meme coins,

I have about $2000 worth of crypto, but I still consider myself an old school investor and put most of my money into the stock market. I was in on Bitcoin when it was around $6000. At that point in time, it took like 2 weeks for a Bitcoin transaction to go through. You could buy Bitcoin at $9000 and by the time the Bitcoin hit our account it was worth $3000. I had my account hacked and just said, not worth the risk. Now some 5 years later, I started messing around with it again in small amounts and moved my assets off the exchanges. The crypto scene is so much different now.

 

[Snotbubbles]

Haven't made anymore accumulation trades the past couple days (probably should have given the opportunity). Just holding. The high/lows of the coin are tightening as people continue to accumulate. In traditional stocks, a tightening usually leads to a 40% run. So I think this Jesus coin is ready to make a move up and then I can reassess...

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

Total: $800

Current
0.00 BTC ($0)
0.00916 ETH (~$15)
9.25B Jesus (~$1200)

Total: $1215
Profit/(Loss): $415

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

 

[jvdesigns2002]

Not that it means much—but I know 4 people that legit made a LOT of money off of crypto. All four of them invested predominately in bitcoin early in the game. I know dozens of people that lost a lot of money in crypto. The pattern that I noticed is that the losers got into the game late and while they had some exposure to bitcoin, all of them tried to catch lightning in a bottle and the majority of their losses were from cycling through smaller tokens. Also—to be fully transparent—I also know four people that lost money in crypto as results of exchange failures or somehow getting their wallets hacked/stolen (I don’t know how this stuff works—so I wish I could elaborate).

 

[Alex P Keaton]

Not that it means much—but I know 4 people that legit made a LOT of money off of crypto. All four of them invested predominately in bitcoin early in the game. I know dozens of people that lost a lot of money in crypto. The pattern that I noticed is that the losers got into the game late and while they had some exposure to bitcoin, all of them tried to catch lightning in a bottle and the majority of their losses were from cycling through smaller tokens. Also—to be fully transparent—I also know four people that lost money in crypto as results of exchange failures or somehow getting their wallets hacked/stolen (I don’t know how this stuff works—so I wish I could elaborate).

That is the same pattern that holds for every Ponzi scheme…..

 

[Nathan R. Jessep]

That is the same pattern that holds for every Ponzi scheme…..

Probably why Blackrock and ARK are investing heavily, and JPMorgan is building its own crypto environment, amiright? I'm just poking at you GB. I can't speak to what jvd's friends invested in, bc who knows. Remember the stock market meme stock run recently? Who knows why people invest in what they invest in. Maybe they are gambling, or maybe they got a hot tip from an "expert" or maybe they read a Tweet that said "get in now!" and FOMO'd in. Again, most of the time it's about market sentiment. There are over 20K cryptos currently. I don't want to put a percentage on it, but yes there are a good number of those that are rug pulls, pump and dumps, etc. and were explicitly designed for that. But there are also a good number of them that have actual utility and planned use cases. This is why, especially now, doing research on these projects before investing is uber wise. I think gaming and decentralized finance in particular will likely be the leaders in the crypto space when all is said and done, but who knows with the leaps in technology these days. But the point remains, some of these crypto projects have HUGE billion dollar corporations backing them (Google, IBM, Meta, etc.). That doesn't guarantee anything of course, and there will be winners and losers, same as stock market, in business, etc., but to call all of crypto a Ponzi scheme is just inaccurate.

 

[Alex P Keaton]

That is the same pattern that holds for every Ponzi scheme…..

Probably why Blackrock and ARK are investing heavily, and JPMorgan is building it's on crypto environment, amiright? I'm just poking at you GB. I can't speak to what jvd's friends invested in, bc who knows. Remember the stock market meme stock run recently? Who knows why people invest in what they invest in. Maybe they are gambling, or maybe they got a hot tip from an "expert" or maybe they read a Tweet that said "get in now!" and FOMO'd in. Again, most of the time it's about market sentiment. There are over 20K cryptos currently. I don't want to put a percentage on it, but yes there are a good number of those that are rug pulls, pump and dumps, etc. and were explicitly designed for that. But there are also a good number of them that have actual utility and planned use cases. This is why, especially now, doing research on these projects before investing is uber wise. I think gaming and decentralized finance in particular will likely be the leaders in the crypto space when all is said and done, but who knows with the leaps in technology these days. But the point remains, some of these crypto projects have HUGE billion dollar corporations backing them (Google, IBM, Mega, etc.). That doesn't guarantee anything of course, and there will be winners and losers, same as stock market, in business, etc., but to call all of crypto a Ponzi scheme is just inaccurate.

But I didn’t call all of crypto a Ponzi scheme in the post you quoted. I just wrote that every Ponzi scheme follows that pattern — early investors win, late investors lose — that’s just a truism.

 

[Snotbubbles]

That is the same pattern that holds for every Ponzi scheme…..

Probably why Blackrock and ARK are investing heavily, and JPMorgan is building it's on crypto environment, amiright? I'm just poking at you GB. I can't speak to what jvd's friends invested in, bc who knows. Remember the stock market meme stock run recently? Who knows why people invest in what they invest in. Maybe they are gambling, or maybe they got a hot tip from an "expert" or maybe they read a Tweet that said "get in now!" and FOMO'd in. Again, most of the time it's about market sentiment. There are over 20K cryptos currently. I don't want to put a percentage on it, but yes there are a good number of those that are rug pulls, pump and dumps, etc. and were explicitly designed for that. But there are also a good number of them that have actual utility and planned use cases. This is why, especially now, doing research on these projects before investing is uber wise. I think gaming and decentralized finance in particular will likely be the leaders in the crypto space when all is said and done, but who knows with the leaps in technology these days. But the point remains, some of these crypto projects have HUGE billion dollar corporations backing them (Google, IBM, Mega, etc.). That doesn't guarantee anything of course, and there will be winners and losers, same as stock market, in business, etc., but to call all of crypto a Ponzi scheme is just inaccurate.

As Warren Buffet would say..."People don't want to get rich slow."

I have weekly buys into VOO and ONEQ. VOO tracks the S&P 500 that has a historical return of 11%. ONEQ tracks the NASDAQ that has a historical return of 15% since 2007. That's my get rich slow.

Then I'm playing with crypto...to get rich quick. Why not? LOL.

 

[dipandglide]

Bottom line for me is….I am not an expert in it, I don’t own it…nor feel the need to ever own it. Especially with it being unregulated and backed by….well vapor.

Not my thing.

And for the record…..I have not had one single client or person I know make any substantial money nor become an Island owner in Crypto.

Not a single person.

Appreciate the opinion. I would 100% agree with the need for regulation. I think any semi-serious investor would also at this point. And I personally think that regulation is what will propel mass adoption of crypto.

A couple questions...For a fair assessment at the sample size, how many people/clients do you know then that are invested in crypto? Of those, if they haven't made substantial money, have the lost? broke even? and how are you assessing this? over what time period? I ask because the market is pretty much at the bottom right now, so if you were to assess investments, say, a year ago, they've all going to be down right now.

My good friend from HS bought 18 Bitcoin at $750 and sold on the first run-up at around $12,000.

My crypto guru, as I call him, showed me his wallet on Memorial Day. $1.65M in crypto. I can tell you, he is not down. He's hit on 5 or 6 meme coins,

I have about $2000 worth of crypto, but I still consider myself an old school investor and put most of my money into the stock market. I was in on Bitcoin when it was around $6000. At that point in time, it took like 2 weeks for a Bitcoin transaction to go through. You could buy Bitcoin at $9000 and by the time the Bitcoin hit our account it was worth $3000. I had my account hacked and just said, not worth the risk. Now some 5 years later, I started messing around with it again in small amounts and moved my assets off the exchanges. The crypto scene is so much different now.

Two weeks for a transaction? I don't remember that and I've been around longer than 6k

 

[Snotbubbles]

Bottom line for me is….I am not an expert in it, I don’t own it…nor feel the need to ever own it. Especially with it being unregulated and backed by….well vapor.

Not my thing.

And for the record…..I have not had one single client or person I know make any substantial money nor become an Island owner in Crypto.

Not a single person.

Appreciate the opinion. I would 100% agree with the need for regulation. I think any semi-serious investor would also at this point. And I personally think that regulation is what will propel mass adoption of crypto.

A couple questions...For a fair assessment at the sample size, how many people/clients do you know then that are invested in crypto? Of those, if they haven't made substantial money, have the lost? broke even? and how are you assessing this? over what time period? I ask because the market is pretty much at the bottom right now, so if you were to assess investments, say, a year ago, they've all going to be down right now.

My good friend from HS bought 18 Bitcoin at $750 and sold on the first run-up at around $12,000.

My crypto guru, as I call him, showed me his wallet on Memorial Day. $1.65M in crypto. I can tell you, he is not down. He's hit on 5 or 6 meme coins,

I have about $2000 worth of crypto, but I still consider myself an old school investor and put most of my money into the stock market. I was in on Bitcoin when it was around $6000. At that point in time, it took like 2 weeks for a Bitcoin transaction to go through. You could buy Bitcoin at $9000 and by the time the Bitcoin hit our account it was worth $3000. I had my account hacked and just said, not worth the risk. Now some 5 years later, I started messing around with it again in small amounts and moved my assets off the exchanges. The crypto scene is so much different now.

Two weeks for a transaction? I don't remember that and I've been around longer than 6k

Yeah, on Coinbase. Took forever.

 

[Nathan R. Jessep]

U.S. Government Owns Way More Bitcoin Than Any Other Country–So Why Aren’t They Selling It?

Washington owns nearly $2 billion worth of seized bitcoin and has been reluctant to part with it. That may represent inertia more than strategy.

www.forbes.com

 

[Snotbubbles]

Jesus still holding in tight ranges. I moved the last of my ETH to another coin called REDDIT and tripled my $10 overnight. LOL. Looking for a good take profit point with Jesus.

Started
0.01 BTC (~$250)
0.335 ETH (~$580)

Total: $830

Current
0.00 BTC ($0)
0.02129 ETH (~$40)
9.5B Jesus (~$1000)
4,500 Reddit (~$110)

Total: $1150
Profit/(Loss): $320

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
6/18: Swapped .007351 ETH for 1,500 Reddit
6/19: Purchased .015 ETH for gas fees (I'm still learning, didn't know I needed ETH in my wallet to pay gas fees, thought they just came out of the transaction amounts)
6/20: Swapped 1,500 Reddit for .02324 ETH
6/20: Swapped 7.25B Jesus for .5271 ETH
6/21: Swapped .06449 ETH for 4,500 Reddit
6/21: Swapped .4369 ETH for 7B Jesus
6/21: Swapped .0287 ETH for 500M Jesus

 

[Nathan R. Jessep]

who could have foreseen this??

BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian

The firm filed an application with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Trust.

www.cnbc.com

here's another writeup on this:

BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One? - Decrypt

BlackRock has applied to the U.S. Securities and Exchange Commission for a spot Bitcoin ETF. Why now? And what chance does it stand?

decrypt.co

"BlackRock is nearly undefeated when going up against the SEC, at 575-1, with nearly every single one of its ETF applications receiving the Commission’s blessing"

 

[SFBayDuck]

who could have foreseen this??

BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian

The firm filed an application with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Trust.

www.cnbc.com

here's another writeup on this:

BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One? - Decrypt

BlackRock has applied to the U.S. Securities and Exchange Commission for a spot Bitcoin ETF. Why now? And what chance does it stand?

decrypt.co

"BlackRock is nearly undefeated when going up against the SEC, at 575-1, with nearly every single one of its ETF applications receiving the Commission’s blessing"

BlackRock's record came up on CNBC this morning and they were saying either BR is confident that they would get this approved, or they were doing this to make a point.

 

[Nathan R. Jessep]

who could have foreseen this??

BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian

The firm filed an application with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Trust.

www.cnbc.com

here's another writeup on this:

BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One? - Decrypt

BlackRock has applied to the U.S. Securities and Exchange Commission for a spot Bitcoin ETF. Why now? And what chance does it stand?

decrypt.co

"BlackRock is nearly undefeated when going up against the SEC, at 575-1, with nearly every single one of its ETF applications receiving the Commission’s blessing"

BlackRock's record came up on CNBC this morning and they were saying either BR is confident that they would get this approved, or they were doing this to make a point.

What makes it different is that this is a spot ETF, which if understood correctly, a spot BTC ETF has not to date ever been approved by the SEC.

Did they speculate on what point they thought was trying to be made?

 

[SFBayDuck]

who could have foreseen this??

BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian

The firm filed an application with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Trust.

www.cnbc.com

here's another writeup on this:

BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One? - Decrypt

BlackRock has applied to the U.S. Securities and Exchange Commission for a spot Bitcoin ETF. Why now? And what chance does it stand?

decrypt.co

"BlackRock is nearly undefeated when going up against the SEC, at 575-1, with nearly every single one of its ETF applications receiving the Commission’s blessing"

BlackRock's record came up on CNBC this morning and they were saying either BR is confident that they would get this approved, or they were doing this to make a point.

What makes it different is that this is a spot ETF, which if understood correctly, a spot BTC ETF has not to date ever been approved by the SEC.

Did they speculate on what point they thought was trying to be made?

Yes, that is correct in my understanding that no spot ETF has been approved yet.

And no, no insight on the point, it was Josh Brown who I actually enjoy but can say a lot without saying anything.

 

[Snotbubbles]

who could have foreseen this??

BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian

The firm filed an application with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Trust.

www.cnbc.com

here's another writeup on this:

BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One? - Decrypt

BlackRock has applied to the U.S. Securities and Exchange Commission for a spot Bitcoin ETF. Why now? And what chance does it stand?

decrypt.co

"BlackRock is nearly undefeated when going up against the SEC, at 575-1, with nearly every single one of its ETF applications receiving the Commission’s blessing"

BlackRock's record came up on CNBC this morning and they were saying either BR is confident that they would get this approved, or they were doing this to make a point.

What makes it different is that this is a spot ETF, which if understood correctly, a spot BTC ETF has not to date ever been approved by the SEC.

Did they speculate on what point they thought was trying to be made?

What is the difference between this Blackrock ETF and Greyscale Bitcoin Trust?

 

[Nathan R. Jessep]

What is the difference between this Blackrock ETF and Greyscale Bitcoin Trust?

Bitcoin: Experts Point Out Key Differences Between BlackRock And Grayscale Bitcoin Trusts | Bitcoinist.com

BlackRock recently submitted an application to the Securities and Exchange Commission for a Bitcoin ETF.

bitcoinist.com

 

[Nathan R. Jessep]

Crypto Exchange Backed by Citadel Securities, Fidelity, Schwab Starts Operations

 

[Nathan R. Jessep]

What is the difference between this Blackrock ETF and Greyscale Bitcoin Trust?

Bitcoin: Experts Point Out Key Differences Between BlackRock And Grayscale Bitcoin Trusts | Bitcoinist.com

BlackRock recently submitted an application to the Securities and Exchange Commission for a Bitcoin ETF.

bitcoinist.com

Here's a little better writeup on it:

BlackRock, then Bitwise — How the spot bitcoin ETF filings differ

BlackRock’s listing exchange would enter into a surveillance-sharing agreement with a US bitcoin spot trading platform operator.

blockworks.co

 

[Nathan R. Jessep]

Deutsche Bank Applies for Crypto Custody License | CoinMarketCap

Deutsche Bank AG, Germany's biggest bank, is seeking to expand its services related to digital assets such as cryptocurrencies.

coinmarketcap.com

 

[Nathan R. Jessep]

Made a couple of small weekend gamble plays on $MAGIC and $4CHAN. Strictly based on the charts. #notfinancialadvice

 

[Nathan R. Jessep]

A coin called $FILTH was set up to be a rug pull, except he didn't account for a MEV bot being able to rug it from him before he could do it himself. Karma.

https://twitter.com/ArkhamIntel/status/1671557376292552704

 

[Nathan R. Jessep]

United Nations Proposes Digital ID System Tied to Bank Accounts and Mobile Payment Platforms - The Daily Hodl

The United Nations is proposing a universal digital ID system that would directly connect to people's bank accounts and payment apps.

dailyhodl.com

 

[KGB]

Still here. just down a bunch and holding. BORING

 

[FreeBaGeL]

I wonder what the effect of all of these meaningless/intrinsicly useless meme coins has in regards to inflation. We all are wanting the government to stop printing and spending so much money because of the inflationary consequences. Just seems like these meme coins are just a privatized way for people to effectively “print“ their own forms of money. I’m not using this as a passive aggressive way of hating on crypto—I’m genuinely curious. Even the market experts are acknowledging that inflation is stickier than they thought—and I wonder if this alternate form of “printing money” plays a role. I hope you don’t mind that I tagged you @Todem —but I’d love hearing your basic thoughts on this.

It has the same effect on inflation that Schrute Bucks did.

It's just people gambling with some random gambling vehicle. It's a distraction.

The biggest problem blockchain technology and cryptocurrency has is optics, because people point to the meme coins and the ape pictures while ignoring the technology behind it and its real use cases. It would be like someone giving up on paper money 50 years ago because they knew someone that bought 10,000 Monopoly board games in case Monopoly money became valuable and it didn't work out for them. Or someone giving up on the internet because two of the most popular things on it in the early days were chain emails and Nigerian Prince scams.

The NFT thing in particular is wild to me. For 10 years people avoided moving to digital media/assets/etc because there was no way to actually own something digital like you could a physical item. Now we finally have that and people are like "eh, I've basically accepted that I'm just going to get bent over for the rest of my life and pay for perpetual licenses where I don't actually own any of the stuff I buy". Of course, that's not what they're actually thinking. What they're actually thinking is "these ape picture thingies that I don't understand are stupid". But what they're actually doing is ensuring what I described.

 

[Dinsy Ejotuz]

much like gold

Why not just go with the hard asset with 1000s of years of history behind it? (serious Q)

 

[Todem]

much like gold

Why not just go with the hard asset with 1000s of years of history behind it? (serious Q)

I have no issues with gold as a small hedge at all….so I don’t understand your question.

 

[Bears_Man2]

Student loan forgiveness struck down along with pause ending soon. Should be interesting to see the long term impact here.

 

[Nathan R. Jessep]

Student loan forgiveness struck down along with pause ending soon. Should be interesting to see the long term impact here.

To date, BTC has an inverse relationship with the strength of the dollar ($DXY). They will almost surely have to turn on the money printers again in the somewhat near future (IMHO), which means DXY will go down, and BTC will go up.

That's my call. #notfinancialadvice

 

[ILUVBEER99]

Student loan forgiveness struck down along with pause ending soon. Should be interesting to see the long term impact here.

To date, BTC has an inverse relationship with the strength of the dollar ($DXY). They will almost surely have to turn on the money printers again in the somewhat near future (IMHO), which means DXY will go down, and BTC will go up.

That's my call. #notfinancialadvice

Imagine what Jesus coin will do on that scenario.

 

[Nathan R. Jessep]

Student loan forgiveness struck down along with pause ending soon. Should be interesting to see the long term impact here.

To date, BTC has an inverse relationship with the strength of the dollar ($DXY). They will almost surely have to turn on the money printers again in the somewhat near future (IMHO), which means DXY will go down, and BTC will go up.

That's my call. #notfinancialadvice

Imagine what Jesus coin will do on that scenario.

you going to hell for that

 

[jvdesigns2002]

Currently day 8. Up 2x

So I screwed up and got rugpulled.

not by anything I posted here.

but someone posted a BTC token to the pulse network and i saw it flying up. so I bought. ALOT. and got whammied. this sucks

up $150K in 1 minute and lost a bunch 5 seconds later. it was a stupid stupid gambling bet where i tried to hop on a train and with 1 giant sell i lost a lot of money. i didnt post it here and it happened fast. like under a minute.

luckily I have my original investment still.

so we are starting over with what i know vs stupid stuff.
I currently have my crypto money (NOT ALL retirement money!!!)} but my crypto funds into the following....

split about equal give or take.

PLS - $.000199
PLSX - $0000861
INC - $51
HEX - $.0215

all on the pulse network

I think they all go up. but I will try ratio trading them .

good luck to all

I randomly checked the prices of some coins today—and HEX is having a huge day. It’s not back to the price you listed here—but it’s not crazy far off. I haven’t checked into your other tokens—but if they are performing like HEX—things might not be as dire as they once seemed. While I’m not a believer in the smaller tokens—I also don’t want to see good people hurt by them.

 

[KGB]

Currently day 8. Up 2x

So I screwed up and got rugpulled.

not by anything I posted here.

but someone posted a BTC token to the pulse network and i saw it flying up. so I bought. ALOT. and got whammied. this sucks

up $150K in 1 minute and lost a bunch 5 seconds later. it was a stupid stupid gambling bet where i tried to hop on a train and with 1 giant sell i lost a lot of money. i didnt post it here and it happened fast. like under a minute.

luckily I have my original investment still.

so we are starting over with what i know vs stupid stuff.
I currently have my crypto money (NOT ALL retirement money!!!)} but my crypto funds into the following....

split about equal give or take.

PLS - $.000199
PLSX - $0000861
INC - $51
HEX - $.0215

all on the pulse network

I think they all go up. but I will try ratio trading them .

good luck to all

I randomly checked the prices of some coins today—and HEX is having a huge day. It’s not back to the price you listed here—but it’s not crazy far off. I haven’t checked into your other tokens—but if they are performing like HEX—things might not be as dire as they once seemed. While I’m not a believer in the smaller tokens—I also don’t want to see good people hurt by them.

Hi GB,

i honestly havnt even looked. for the quoted above.... www.gopulse.com is where i check current prices. the "E" hex you can see on coin gecko, etc.
but yeah, current "pulse" hex is at .024 so im up a bit.

I guess my update is that I had a big stake unstake on july fourth. for old school hex, and another next month.
but they both have gone down like $25K to $2K each in the last month or so.


still bummed. But I appreciate the thoughts ill be back

 

[ericttspikes]

US judge rules XRP/ripple is not a security

https://twitter.com/WatcherGuru/status/1679514784637636608?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

 

[Nathan R. Jessep]

US judge rules XRP/ripple is not a security

https://twitter.com/WatcherGuru/status/1679514784637636608?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

 

[KGB]

US judge rules XRP/ripple is not a security

https://twitter.com/WatcherGuru/status/1679514784637636608?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

up 60%

XRP spells M-O-O-N

 

[Nathan R. Jessep]

US judge rules XRP/ripple is not a security

https://twitter.com/WatcherGuru/status/1679514784637636608?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

up 60%

XRP spells M-O-O-N

it's already back on Coinbase and more on the way. Some analysts are predicting $25 XRP. I'm good with that!

 

[Craig_MiamiFL]

Former Celsius CEO arrested on federal securities fraud charges

 

[Nathan R. Jessep]

Despite the little pump from the Ripple case, we are right back down for the most part. Have seen several analysts make the call that if BTC breaks below the current level (~30.5K or so) there's not much stopping it from dropping down to $21K. #notfinancialadvice

 

[Snotbubbles]

Just been holding Jesus the past couple of weeks. It's been dropping and I missed a chance to take profits. Yesterday, I sold 100% of my Jesus holdings and moved it into a new coin called Bitcoin 2.0. Bought in at .38 and took profits at .70. Trying to keep track of the transactions is tough because I made a bunch yesterday, buying dips and selling runs. If Bit drops into the .40 range, I'll buy more. The goal is to get more bankroll and buy back into Jesus at low levels for the next run.

Started
0.01 BTC (~$250)
0.335 ETH (~$580)

Total: $830

Current
0.00 BTC ($0)
0.1513 ETH (~$300)
400 Bit 2.0 (~$300)
4,500 Reddit (~$10)

Total: $610
Profit/(Loss): ($220)

 

[Nathan R. Jessep]

Just been holding Jesus the past couple of weeks. It's been dropping and I missed a chance to take profits. Yesterday, I sold 100% of my Jesus holdings and moved it into a new coin called Bitcoin 2.0. Bought in at .38 and took profits at .70. Trying to keep track of the transactions is tough because I made a bunch yesterday, buying dips and selling runs. If Bit drops into the .40 range, I'll buy more. The goal is to get more bankroll and buy back into Jesus at low levels for the next run.

Started
0.01 BTC (~$250)
0.335 ETH (~$580)

Total: $830

Current
0.00 BTC ($0)
0.1513 ETH (~$300)
400 Bit 2.0 (~$300)
4,500 Reddit (~$10)

Total: $610
Profit/(Loss): ($220)

I was actually looking at BTC2.0 this morning. Starting to hear some chatter. May throw a few bucks at it on the next dip. Missed the 400% jump.

 

[ILUVBEER99]

Just been holding Jesus the past couple of weeks. It's been dropping and I missed a chance to take profits. Yesterday, I sold 100% of my Jesus holdings and moved it into a new coin called Bitcoin 2.0. Bought in at .38 and took profits at .70. Trying to keep track of the transactions is tough because I made a bunch yesterday, buying dips and selling runs. If Bit drops into the .40 range, I'll buy more. The goal is to get more bankroll and buy back into Jesus at low levels for the next run.

 

[ConstruxBoy]

Just been holding Jesus the past couple of weeks. It's been dropping and I missed a chance to take profits. Yesterday, I sold 100% of my Jesus holdings and moved it into a new coin called Bitcoin 2.0. Bought in at .38 and took profits at .70. Trying to keep track of the transactions is tough because I made a bunch yesterday, buying dips and selling runs. If Bit drops into the .40 range, I'll buy more. The goal is to get more bankroll and buy back into Jesus at low levels for the next run.

Has a real "coming back from the dead" vibe

 

[Snotbubbles]

Just been holding Jesus the past couple of weeks. It's been dropping and I missed a chance to take profits. Yesterday, I sold 100% of my Jesus holdings and moved it into a new coin called Bitcoin 2.0. Bought in at .38 and took profits at .70. Trying to keep track of the transactions is tough because I made a bunch yesterday, buying dips and selling runs. If Bit drops into the .40 range, I'll buy more. The goal is to get more bankroll and buy back into Jesus at low levels for the next run.

Has a real "coming back from the dead" vibe

From your lips to my bank account.