NFTs are incredibly stupid. Don't buy them.
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The Tom Brady of crypto looks like Tom Brady if Giselle left him and hocked his SB rings
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Vitalik is a weirdo and ethereum sucks. He’s also on record stating that an individual using heroin causes more societal harm than an individual possessing child porn.
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posted by justincredibleVitalik is a weirdo and ethereum sucks. He’s also on record stating that an individual using heroin causes more societal harm than an individual possessing child porn.
A weird thing to even discuss
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posted by Ironman92A weird thing to even discuss
Indeed
Son of the Sun
posted by justincredibleVitalik is a weirdo and ethereum sucks. He’s also on record stating that an individual using heroin causes more societal harm than an individual possessing child porn.
Which is interesting because from that pic, he looks like a smackhead with a love of child porn.
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lol
Bitcoin fans are psychopaths who don't care about anyone, study shows https://t.co/9WZQkzoIPX pic.twitter.com/YTGcULRCef
— New York Post (@nypost) April 12, 2022
7 gram rocks. how i roll.
been a tumultuous week. but i'm curious what happened with the stablecoin that fell off the cliff yesterday. i thought those things were tied to the dollar and couldn't flatline?
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If anyone is selling I'm buying...
Senior Member
Massive dip. I'm in a land of crypto nerds who use it to make a living. People are shitting themselves.
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Senior Member
Coinbase down 87% from its peak. Ouch!
I probably would have said that was a much smarter and safer way to get exposure to the crypto markets....
7 gram rocks. how i roll.
been a rough week. i guess we still hold.
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I'd be happy to stay in this range for a while.
7 gram rocks. how i roll.
you're not at all scare with these collapses that keep dragging BTC down? i'm not holding my stuff in an offline wallet. all mine is on coinbase so it's hard for me to not panic and pull the plug on this shit.
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Most of mine is offline, and the custodian I use is bitcoin only and doesn't have a sell button. It's very easy to hold through all of this.
Senior Member
What do you use?
Mine is all sitting in CB. I don’t really have enough to warrant offline storage, but I’ve been considering it.
7 gram rocks. how i roll.
posted by AutomatikWhat do you use?
Mine is all sitting in CB. I don’t really have enough to warrant offline storage, but I’ve been considering it.
same. my reason for pulling it offline is strictly to make sure if CB goes belly up i actually get to keep whatever coin i have at whatever value it may hold.
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You can either buy a physical offline hardware device to hold your keys, or you can just put it on a hot wallet on your phone. Depends on how secure you want to be with the amount you have.
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Btw, my assumption is that most of the big exchanges like Coinbase are selling bitcoin that they do not actually own. If there were ever to be a run on the exchanges...
7 gram rocks. how i roll.
i just moved mine all to zengo.
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So it’s been pretty low for 3 months? What’s the outlook?
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posted by Ironman92So it’s been pretty low for 3 months? What’s the outlook?
Short term? Pain, though I think we're close to the floor. It really hasn't strayed too far from the $18-19k range.
Long term? I'm still extremely positive. The next halving (when the number of new bitcoin mined per block is cut in half) is going to be around May 2024. We'll see what happens when that passes.
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Btw, I'm still buying, so if you're looking to sell any of yours let me know before selling it on the exchange.
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posted by Ironman92So it’s been pretty low for 3 months? What’s the outlook?
It actually appears to have a high beta relative to the market. With most people expecting a recession in the next 12 months, BTN will probably fall below at least 16k.