Cryptocurrency

[nobody]

23 hours ago, TimHauck said:

Not sure why racists love it, but conspiracy theorists love it because they think crypto will come in handy if the US dollar goes into hyperinflation or something.  

But I have a feeling if the value of the US dollar tanks then the value of bitcoin will too.

It will.  If the US economy falters, the big boys will sell all their crypto and it'll tank like everything else.

[Cdub100]

1 hour ago, nobody said:

It will.  If the US economy falters, the big boys will sell all their crypto and it'll tank like everything else.

Crypto will crash. That's a given. Look at the chart. It doesn't take a genius to figure that out. The same people will be right back here screaming see SEE! Only for Bitcon to hit a all time high 2 year later.

[nobody]

6 minutes ago, Cdub100 said:

Crypto will crash. That's a given. Look at the chart. It doesn't take a genius to figure that out. The same people will be right back here screaming see SEE! Only for Bitcon to hit a all time high 2 year later.

Agree with that too

[Frozenbeernuts]

I would buy wPaw right now if I were you.

[iam90sbaby]

On 12/7/2024 at 5:21 PM, The Real timschochet said:

Love how I get attacked for pointing out the biggest anti-Semite and bigot in this forum (though @iam90sbaby is certainly a close second.) 

It’s also interesting that all of the racists and conspiracy nuts seem to love this crypto stuff. Is there some kind of message in this? 

What do I need to do to get the top spot over Cdub? Just tell me I’ll do it!!!!!

[Cdub100]

21 minutes ago, iam90sbaby said:

What do I need to do to get the top spot over Cdub? Just tell me I’ll do it!!!!!

I made a list. 

 

Also, my future longs got liquidated. It was just for fun, but I'm a way better long-term investor.

[iam90sbaby]

6 minutes ago, Cdub100 said:

I made a list. 

 

Also, my future longs got liquidated. It was just for fun, but I'm a way better long-term investor.

DCAing and holding is the way, on a long enough timeline you never get focked that way 

[Frozenbeernuts]

Did anyone buy any Paw? I was telling everyone irl to buy more because I heard we would see an ath this year. Ath is $100m. I was sounding the alarm at $17m. We are sitting at $26m right now.

If you haven't bought any wPaw or Pawcoin, you really should. They just announced a partnership with a vc firm who is going to inject a lot of liquidity directly into the chain. Paw wicked up to $28m overnight. I see Paw reaching $1b mc by end of cycle as a base case. Well let's just say a 10x base case from here, but it probably reaches $1b. It could go as high as $10b.

Another micro cap to look at is Shadow AI. There are a ton of AI tokens. This one is creating really cool videos. It has a lot of volume for such a low cap. Spiked up to $900k last night. I admittedly totally fumbled this one. Like Cdub, I am not the best trader. I am best when I trust my investment and take profits as it goes up.

$DEAL came back down from it's high of $1m. It dropped nearly 50%. It's back up over $600k. Love the memeability. The team obviously isn't connected to insiders, so this one won't have the same volume, but whoever is holding is committed.

Hers is wPaw ca. You can buy with eth or USDC. You can also get familiar with the Paw wallet and the Paw ecosystem. I recommend this becauee Paw has some major things coming in the future. Literally just getting started. All that money that flowed in this past week, none of it has been tbe vc firm yet. This is the liquidity that the firm helps to bring in. I'm telling you this is the start of something massive. Imagine passing on eth and xrp under $30m.

0xc11158c5da9db1d553ed28f0c2ba1cbedd42cfcb

[Frozenbeernuts]

$PAW tapped $30m and is back in the $25m range. Great entry.

[jonmx]

After the alt coin market crashed about 25 percent earlier in the week, it has regained about half of it's loses this morning.  

[jonmx]

From Sunday to Tuesday my account dropped over $21k, but has since rebounded $17k.  I am sure that knocked a lot of weak investors out of their positions (and destroyed a lot of leveraged positions) which the big buyers and institutions scooped up cheap.  

[Frozenbeernuts]

Pawchain just announced the Evm to Svm connection this week. This is the big move that people have been waiting for. This is massive. You will be able to select ethereum, any evm chain, or solana as your network. Sol meme coins in the same wallet as eth meme coins, which can be done with coinbase wallet, but they don't have a direct bridge between the two.

This is massive.

https://x.com/PAWChainUpdates/status/1866935220567499014?s=19

[jonmx]

 

This is how authoritarian bastards abuse the government power.  This is what fascism looks like for all the leftists dumfuks.

Docs showing Biden admin called on banks to 'pause' all crypto activity confirms 'debanking' suspicions

 

Leaders in the cryptocurrency space are up in arms over documents that were recently uncovered showing the Biden administration instructed banks not to engage in cryptocurrency business.

The uncovered documents allegedly confirm suspicions that cryptocurrency tech founders were being "debanked" under a program known colloquially as "Operation Chokepoint 2.0." 

[jonmx]

Bitcoin popped up over $100k again.  Get your rally caps out.   

[Frozenbeernuts]

2 hours ago, jonmx said:

 

This is how authoritarian bastards abuse the government power.  This is what fascism looks like for all the leftists dumfuks.

Docs showing Biden admin called on banks to 'pause' all crypto activity confirms 'debanking' suspicions

 

Leaders in the cryptocurrency space are up in arms over documents that were recently uncovered showing the Biden administration instructed banks not to engage in cryptocurrency business.

The uncovered documents allegedly confirm suspicions that cryptocurrency tech founders were being "debanked" under a program known colloquially as "Operation Chokepoint 2.0." 

It's amusing watching Brian Armstrong talk about this while Coinbase deplatforms and limits people for no reason.

[Frozenbeernuts]

Pawchain just announced a promotional partnership with bkfc. The bullish news is piling on. It's unreal what they are doing. No one else is doing the same things. People max bidding fart coin while Paw is innovating non stop.

[Cdub100]

Exit Strategy for my 4 biggest holdings:

BTC - 17% $146,538.00 / 33% $161,822.00 / 50% $177,953.00

ETH - 17% @$6,579.63 / 33% $7,729.66 / 50% $9,080.69

SOL - 17% @$480.88 / 33% $608.13 / 50% $769.20

ADA - 17% @$3.45 / 33% $4.37 / 50% $5.55

[jonmx]

4 hours ago, Cdub100 said:

Exit Strategy for my 4 biggest holdings:

BTC - 17% $146,538.00 / 33% $161,822.00 / 50% $177,953.00

ETH - 17% @$6,579.63 / 33% $7,729.66 / 50% $9,080.69

SOL - 17% @$480.88 / 33% $608.13 / 50% $769.20

ADA - 17% @$3.45 / 33% $4.37 / 50% $5.55

 

Seems like you are most bullish on SOLs upside.   I am anxious to see what Trump does to make crypto investing more attractive from a tax perspective.  I would not make any big trades with big profits until after the years end.  If Trump really makes crypto profits tax-free, that would be huge.   It would make the crypto Roth account as meaningless, but that is ok.  

[lod001]

Here we go!!!!

 

[iam90sbaby]

Where the pyramid scheme claimers at

[TimHauck]

On 12/9/2024 at 12:52 PM, nobody said:

It will.  If the US economy falters, the big boys will sell all their crypto and it'll tank like everything else.

Yup.  Just listened to this podcast with @RaiderHaters Revenge’s boy Tim Pool, Ben Askren who I actually like, and 2 guys I had never heard of.  The one guy’s whole point was that he claims “the value of bitcoin will only go up.”  Lol (although I’m sure he’s very rich since he got in early)

 

 

 

[RaiderHaters Revenge]

37 minutes ago, TimHauck said:

Yup.  Just listened to this podcast with @RaiderHaters Revenge’s boy Tim Pool, Ben Askren who I actually like, and 2 guys I had never heard of.  The one guy’s whole point was that he claims “the value of bitcoin will only go up.”  Lol (although I’m sure he’s very rich since he got in early)

 

 

 

This was a good show. And very factual. The value of the dollar decreases and never increases while long term Bitcoin will only go Up may swing up and down but it will not likely ever lose over all value 

[TimHauck]

1 hour ago, RaiderHaters Revenge said:

This was a good show. And very factual. The value of the dollar decreases and never increases while long term Bitcoin will only go Up may swing up and down but it will not likely ever lose over all value 

True on the dollar but disagree that one could make that statement as a fact about bitcoin 

[RaiderHaters Revenge]

28 minutes ago, TimHauck said:

True on the dollar but disagree that one could make that statement as a fact about bitcoin 

I see it like the stock market. It only goes up over time. 

[TimHauck]

53 minutes ago, RaiderHaters Revenge said:

I see it like the stock market. It only goes up over time. 

Feels like more of an individual stock IMO.  At least they did bash sh1tcoins in that episode though

[Cdub100]

I decided I was underrepresented by altcoins so I bought some doge and SUI.

I will 100% sell these next year.

[jonmx]

So my portfolio is up about 15 percent since the ball dropped.   Hopefully headed for new highs.  

[Flipper]

I'm looking at setting up the Robinhood app with the intent to dive into BTC.

Is there a better alternative to Robinhood (Schwab, Fidelity, etc.)?

Can we purchase actual BTC or do they only allow us to trade on the value (like a stock)?

[Mookz]

6 hours ago, Flipper said:

I'm looking at setting up the Robinhood app with the intent to dive into BTC.

Is there a better alternative to Robinhood (Schwab, Fidelity, etc.)?

Can we purchase actual BTC or do they only allow us to trade on the value (like a stock)?

I just went through this a few months back and had the same questions.  Robinhood had the lowest fees I could find.  I buy $11 of BTC a week and actually get $10.90 of that.  I also understand that you own the actual BTC.  As in, you can transfer it out to other sites/wallets if you choose.

[Cdub100]

18 hours ago, Flipper said:

I'm looking at setting up the Robinhood app with the intent to dive into BTC.

Is there a better alternative to Robinhood (Schwab, Fidelity, etc.)?

Can we purchase actual BTC or do they only allow us to trade on the value (like a stock)?

Yes Robinhood is a good place to start.

It's super easy and they offer a few different coins. Another benefit of Robinhood is that you can withdraw your bitcoin from your own wallet. 

I know fidelity offers crypto. It's harder to buy and you can't withdraw it. So I would stay away from that.

Eventually, you'll want to open a coinbase or crypto.com account. 

 

You'll want to do this soon. We are about to hit the crazy times. 

[Cdub100]

With the amount of BTC being bought up by institutions and the US Strategic Reserve, I'm having second thoughts about selling my Bitcoin. I'm definitely selling my alts, but I don't know about my bitcoin. 

https://www.coinglass.com/Balance

The amount of bitcoin on exchanges is collapsing. Eventually, the OTC market will dry up and price will have to shoot up. 

My top for this cycle is 185k. What if I'm wrong? What if this cycle we shoot up to 500k? Am I suffering from FOMO this cycle?

[jonmx]

 

Not surprising, but FOIA request to the FDIC by Coinbase revealed the Biden administration was illegally using the FDIC into strongarmiing banks into debanking businesses and individuals involved in cryptocurrency.   That is what the swamp does.  No better than the mafia IMHO.  

[jonmx]

All the whales just got their 15 percent discount, now it is time to aeek new highs.  Once BTC rips through $108k, there will be little stopping before around $150k.  

[Cdub100]

1 hour ago, jonmx said:

All the whales just got their 15 percent discount, now it is time to aeek new highs.  Once BTC rips through $108k, there will be little stopping before around $150k.  

I have serious FOMO right now....

[Flipper]

On 1/4/2025 at 10:28 AM, Cdub100 said:

Yes Robinhood is a good place to start.

It's super easy and they offer a few different coins. Another benefit of Robinhood is that you can withdraw your bitcoin from your own wallet. 

I know fidelity offers crypto. It's harder to buy and you can't withdraw it. So I would stay away from that.

Eventually, you'll want to open a coinbase or crypto.com account. 

 

You'll want to do this soon. We are about to hit the crazy times. 

Is RH not safe to store the actual BTC or does  Coinbase just give you the option to   Keep the passkeys offline? Note that Iwill not be anywhere close to an entire coin unless I dip into the retirement fund but am thinking it might make sense to have at least one ...

 

ETA: Do you guys link RH to a separate bank account?

[Cdub100]

17 minutes ago, Flipper said:

Is RH not safe to store the actual BTC or does  Coinbase just give you the option to   Keep the passkeys offline? Note that Iwill not be anywhere close to an entire coin unless I dip into the retirement fund but am thinking it might make sense to have at least one ...

 

ETA: Do you guys link RH to a separate bank account?

Storing your Bitcoin on Robinhood or coinbase it's basically the same thing. They are both exchanges that hold your BTC and are subject to hacks and bankruptcy. 

You can move your BTC from either platform to hot or cold storage wallet. Which has its own risks but many consider safer options

[Flipper]

52 minutes ago, Cdub100 said:

Storing your Bitcoin on Robinhood or coinbase it's basically the same thing. They are both exchanges that hold your BTC and are subject to hacks and bankruptcy. 

You can move your BTC from either platform to hot or cold storage wallet. Which has its own risks but many consider safer options

Make sense to link it to a separate or standalone  bank account?

[Cdub100]

1 minute ago, Flipper said:

Make sense to link it to a separate or standalone  bank account?

Not for Robinhood or coinbase. You should be totally fine 

What you have to worry about is someone hacking into your Robinhood or coinbase account and sending you bitcoin to a different wallet.

Unlike stocks or cash in a bank. Bitcoin moves much easier. It's one of the features

[Frozenbeernuts]

On 1/6/2025 at 5:11 PM, Cdub100 said:

I have serious FOMO right now....

That cease fire deal has put energy back into the market. If Trump announces sbr day 1, we are sending for sure. If he announces alts that are included, then anyone not in crypto is going to be really disappointed in themselves. The alt rumor is pure speculation and it won't matter at all until it happens.

My bags are packed. How about everyone else?

[jonmx]

I am as all in as I can be with my non-retirement funds.  Mostly SOL, BTC, and ICP with a sprinkling of RNDR, SUI and ADA.   

Wish I would have seen the XRP rebound, that was a quick 6x.