Introducing Ethereum (Bitcoin but better...or worse...depends on who you ask)

kingstonlake wrote:China weighs in...

Time to buy

Holy shit. Crypto as a whole are in flames

kingstonlake wrote:Holy shit. Crypto as a whole are in flames

It's a buying opportunity.

Motown Spartan wrote:

kingstonlake wrote:Holy shit. Crypto as a whole are in flames

It's a buying opportunity.

Yup

looking at throwing something toward this for the first time. Do only certain trading platforms 1099 you? How does that work?

are you trying to trade crypto to make money? what are you thinking on planning on buying?

CORNER BLITZ wrote:are you trying to trade crypto to make money? what are you thinking on planning on buying?

I'm going to fuck around and see if I can get rich quick & rather not pay taxes on it. ('Merica)

EIDT: Think short term trading... Anything listed in this thread that looks like it took a recent hit... And Dogecoin for the kid.

Doge? Oh, shit. I bought Doogie.

Fuck you Neil Patrick Harris.

Coinbase only allows trading on a limited number of cryptos so... no thanks.

Which has the cheapest fees?

AvgMSUJoe wrote:Coinbase only allows trading on a limited number of cryptos so... no thanks.

Which has the cheapest fees?

Pretty much all the major ones in the us are like that re limited coins

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AvgMSUJoe wrote:Coinbase only allows trading on a limited number of cryptos so... no thanks.

Which has the cheapest fees?

Not sure about cheapest fees but crypto.com will let you buy damn near anything.

Tried to sign up so I could buy and sell at Binance. After the third email saying that my address doesn't match after I sent them utility bills and a bank statement I gave up. They're not really saying what doesn't match and it takes them about 10 day each time I send them something to verify it. Coinbase, on the other hand is working just fine, other than I can't waste my money on Doge coins.

Don’t sell guys.

Jake from State Farm wrote:Tried to sign up so I could buy and sell at Binance. After the third email saying that my address doesn't match after I sent them utility bills and a bank statement I gave up. They're not really saying what doesn't match and it takes them about 10 day each time I send them something to verify it. Coinbase, on the other hand is working just fine, other than I can't waste my money on Doge coins.

You can waste money on Doge with Gemini

I've got Gemini, Coinbase, and Trust Wallet

Bounce back

HODL!!!!

US Treasury asking the IRS to require crypto transfers over $10k to be reported confirms that cryptos are here to stay.

Motown Spartan wrote:US Treasury asking the IRS to require crypto transfers over $10k to be reported confirms that cryptos are here to stay.

And crypto traders will fund future infrastructure.

Jake from State Farm wrote:Tried to sign up so I could buy and sell at Binance. After the third email saying that my address doesn't match after I sent them utility bills and a bank statement I gave up. They're not really saying what doesn't match and it takes them about 10 day each time I send them something to verify it. Coinbase, on the other hand is working just fine, other than I can't waste my money on Doge coins.

also did you try Binance or Binance.us

cause only the lame US version works here

Fuck binance US. Ridiculous fees etc.

Pancake swap via Trust wallet is my shit.

CORNER BLITZ wrote:

Jake from State Farm wrote:Tried to sign up so I could buy and sell at Binance. After the third email saying that my address doesn't match after I sent them utility bills and a bank statement I gave up. They're not really saying what doesn't match and it takes them about 10 day each time I send them something to verify it. Coinbase, on the other hand is working just fine, other than I can't waste my money on Doge coins.

also did you try Binance or Binance.us

cause only the lame US version works here

It was Binance.us

bump

also too big to fail version - https://spartanswill.forumotion.com/t11476-introducing-ethereum-bitcoin-but-better-or-worse-depends-on-who-you-ask

So, Chainlink.  I highly recommend it.  Have been buying since 2/2020, hand over fist.  If anyone is interested, I will tell you why.  Sold all my LTC and half my ETH in exchange for it. Still holding all my BTC.

CORNER BLITZ wrote:bump

also too big to fail version - https://spartanswill.forumotion.com/t11476-introducing-ethereum-bitcoin-but-better-or-worse-depends-on-who-you-ask

Wait, what happened that there are two threads, but only one works? I don't get it.

Also, I am probably a hardcore asshole in this one quoted above. Scared to read it....

Threads can only be so long before forumotion locks it. That one got too big so a new one was created

Ah, ok, cool...

Did you want some 411 on LINK or nah? I have lots.

COMP, Bros....

kingstonlake wrote:COMP, Bros....

I don't know what this means.

Wait, this? https://coinmarketcap.com/currencies/compound/

Why? I don't know anything about it.

tTy wrote:

kingstonlake wrote:COMP, Bros....

I don't know what this means.

Wait, this? https://coinmarketcap.com/currencies/compound/

Why?  I don't know anything about it.

Seems to have a high "utility" and getting showed down the market cap ranking because of shit coins and tokens. I think it'll hit $1000. Once the market finds its level and these shit coins with no use are put back in their placed and dumped by the get rich quick crowd, it'll surge. Granted $1000 is only slightly more than double the $450 it's at now, it's still a viable use coin and an easy double in my less than expert opinion.

$LINK 411:

https://medium.com/understanding-basic-chainlink-tokenomics/the-basics-bb6fca307703

https://medium.com/understanding-basic-chainlink-tokenomics/chainlink-tokenomics-the-guide-to-understanding-a-unique-asset-class-link-b766d5a89759

https://blog.goodaudience.com/chainlink-the-missing-piece-to-the-god-protocol-fd455dde92ab

https://open.spotify.com/episode/790Z3BDca95v0sEmUIJWNM?si=6xwzrm7-RSqjW3OS9BI82g&dl_branch=1

https://open.spotify.com/episode/4Khw4CYqY78nAyS7k7K5Tf?si=W0ntg7rHRBew_GM9gC74XA&dl_branch=1

https://open.spotify.com/episode/6aARpa7PVdLuJbjukaaodt?si=ObFKUnUrScia2ij0DI0lzA&dl_branch=1

https://open.spotify.com/episode/5T7l9hJkB5ot8qk7AibhVP?si=n_94N7T_RqqyikZezsDxjA&dl_branch=1

https://open.spotify.com/episode/4xoQEwyqKJ4n8OQJGORQDI?si=juDqvseETjC_IXYeHr2H-Q&dl_branch=1

https://open.spotify.com/episode/6pqAXgqyITC4LIwAZb5DFX?si=dPfHDFNBRsmX7If6NvrmKw&dl_branch=1

I buy more $LINK with every paycheck.  It just makes way too much sense.  This is how Cryptos will FIRST change the financial/banking/contract/insurance system forever.

Kingston, what does $COMP do???

Just bought 130 more $LINK.

This will either be the greatest mistake or the greatest achievement of my life. Way to concentrated on $LINK, but, fuck it...... I think I'm right.

tTy wrote:Kingston, what does $COMP do???

"Compound is a groundbreaking DeFi platform based on the ethereum (ETH) blockchain. It employs ERC-20 tokens, which allow users to earn interest on their cryptocurrencies by depositing them into one of the network's authorised pools without the need for a financial intermediary, like a bank.

"Compound token (COMP) is a decentralised algorithmic money-market platform that facilitates loans in many cryptocurrencies by employing borrowing pools.

Borrowers can secure collateralised loans. Lenders, who make funds accessible to lending pools, can earn interest on their deposits through the use of specially-issued native Compound tokens."

kingstonlake wrote:

tTy wrote:Kingston, what does $COMP do???

"Compound is a groundbreaking DeFi platform based on the ethereum (ETH) blockchain. It employs ERC-20 tokens, which allow users to earn interest on their cryptocurrencies by depositing them into one of the network's authorised pools without the need for a financial intermediary, like a bank.

"Compound token (COMP) is a decentralised algorithmic money-market platform that facilitates loans in many cryptocurrencies by employing borrowing pools.

Borrowers can secure collateralised loans. Lenders, who make funds accessible to lending pools, can earn interest on their deposits through the use of specially-issued native Compound tokens."

Until crypto evolves to the point that "hacking" coins from third party intermediaries becomes nearly impossible, I am staying away from these kinds of coins.  Doesn't mean I am right, just means I am conservative in this regard too....

All my LINK, ETH, BTC are stored on hardware wallets, not on exchanges.  Way too much money wrapped up in them to risk it for a shitty APY.... Besides, if LINK does what I think it will do, I won't have to worry about some kind of "interest rate return".

I encourage you to read the articles I posted, and also listen to the #ChainLinkGod podcasts.  I might be wrong, but, I also might be very right.  I think I am......

Not your keys, not your crypto.  Same as if you think you own gold and silver..... If you can't touch it, you don't own it.  I use a one ounce gold coin as my ball marker on the golf course.  Every time someone asks me about it, I ask them if they own gold.  Of course the answer is always "Yeah, in my retirement plan...." and I stop them and make them hold it in their hand and they have a come to Jebus moment.

Gold and silver are real if you really have them.  Crypto is also real, but only if you really have the private keys.

Buy LINK.  I believe it is the next Amazon, but only bigger than Amazon.

Do you still think the economy is going to collapse?

I don’t think it is. Every time it comes close the Fed just prints off tons of money.

What an in depth analysis from someone with a clear understanding of macroeconomics.

steveschneider wrote:Do you still think the economy is going to collapse?

I don’t think it is. Every time it comes close the Fed just prints off tons of money.

I believe that the USD is a dead fiat money walking. And when it dies, everything on the planet will go to hell. WWIII will be unavoidable. We will never, ever, ever pay back our debt at this point. It is unpossible.

Rocinante wrote:What an in depth analysis from someone with a clear understanding of macroeconomics.

Everyone who I have ever met who has missed out on 100X gains like I have experienced because they doubt this phenomenon is exactly like this. It is too bad..... Oh well, I tried. You can believe me, or not. I don't really fucking care. Good luck putting your money in AT&T and a savings account.

If you got something better, I'm all ears smart guy. Preach!