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The Cryptocurrency Thread

DOS_patos said:
So question

would y’all support a coin that’s taken/supported by multiple companies?
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Depends... and realistically I dont even think it's the company that would be the deciding factor.

If 5 companies take coin X
10 companies take coin Y
2 companies take coin Z...

im not really interested in having a bunch of different coins to pay for shit depending on what store im in.

If the banks adopt coin W and it's widely accepted no matter what store im at? That's a different story imo.

I feel like there should be a separation between the speculation that's going on and the utility of these coins... but im still learning
 
23 out of the 10,000 have real world use cases. The others are forks. RightClick CopyPaste ShitCoins. If crypto was college, 99% would be expelled for plagiarism lol.

The juice gotta be worth the squeeze. 1,000,000,000 coins, and you better be accepted globally. I developed my coin with only 1,000,000 in circulation. Burns. Backed by a Bitcoin address named after my protocol, not 1cgDrhkrTHdh… lol. This was in 2014. Well before CoinBurns/DeFi took off last year. That’s why I see through all of this 2021 fuckery…
 
Way simpler for us to tell the 4,997 coins that copied Bitcoin “Fuck y’all. We ain’t buying any of your BS. You 3 that added improvements, kill your projects and join the BTC developer team.

But nobody researches. Most are just throwing darts tryna get rich. The way I see it, if you’re 30 and ain’t rich, take 30 minutes and read every damn post in this thread. Hell, you tried for 30 years, WTF is 30 extra minutes? But most won’t. They just gonna jump in here like “What coin make me MUNNIES?!?” And that’s why there will be 100,000 different coins by 31DEC21.

Pump/Dumps. The great sellers of dreams. Exit scam, then rename project. Wash/Rinse/Repeat…
 
DOS_patos said:
So question

would y’all support a coin that’s taken/supported by multiple companies?
Click to expand...
I take coins that are founded my proven MFers. Support is the cherry on top, tho!

If it wasn’t 100% premined, that means people are constantly wasting their $ on electricity to create them. That’s VALUE.

Also, if multiple companies take them, transactions alone will make the coin bubble. Nothing goes through without miners. Miners must be paid. The people swiping are paying.

Also, the more transactions, the more of the coin burned. PLUS the more uses, the more wallets, the more coins LOST. Laugh now, but eventually BTC will have 10T market cap. 1M coins left. That’s $10M/BTC. We won’t see it, but your great great grandkids will in 2140.

50% less are made every 4 years until it stops in 2140. About 6M are already lost FOREVER. In the next 119 years, I’m thinking 10M of the max supply of 21M will be lost. Many gonna die who were hiding $ from divorce lawyers. DopeBoys gonna forget their 12-24 word pass phrases, etc.
 
M4nh4tt4n said:
I take coins that are founded my proven MFers. Support is the cherry on top, tho!

If it wasn’t 100% premined, that means people are constantly wasting their $ on electricity to create them. That’s VALUE.

Also, if multiple companies take them, transactions alone will make the coin bubble. Nothing goes through without miners. Miners must be paid. The people swiping are paying.

Also, the more transactions, the more of the coin burned. PLUS the more uses, the more wallets, the more coins LOST. Laugh now, but eventually BTC will have 10T market cap. 1M coins left. That’s $10M/BTC. We won’t see it, but your great great grandkids will in 2140.

50% less are made every 4 years until it stops in 2140. About 6M are already lost FOREVER. In the next 119 years, I’m thinking 10M of the max supply of 21M will be lost. Many gonna die who were hiding $ from divorce lawyers. DopeBoys gonna forget their 12-24 word pass phrases, etc.
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How you know they premined.
 
Coin market cap and coin gecko has all info. Premine: YES or NO. Total coins in circulation presently. Total coins to ever be produced. Etc. All the info of every coin is on those two sites. Can’t finesse the BlockChain.
 
For those that have been in the game for a while and wanna go a lil deeper down this rabbit hole, 5-10% at Voyager/BlockFi/Celsius is $weet. Just know that with DeFi, we’re talking 100-300% interest.

Why gamble on all these coins for the next 10 years when you can secure a lil bag 2021, then live off of JUST the interest for the rest of your life. Be a LiquidityProvider and get paid for every damn transaction. FOREVER.

ETH is a problem, but BNB SmartChain is doing what they do for 5 cents instead of $100 per transaction. Also, decentralized so ZERO taxes…
 
Triple OG Ethereum got DOGEd. Vitalik split and made another Ethereum. Triple OG Ethereum knew WTF was up and changed their name to Ethereum Classic lol.

Ethereum had some interior issues about money. Charles bounced and made Cardano. Dr. Gavin Wood bounced and made Polkadot. I STILL dunno what made ETC shoot up like that today. Q4 2021 we gonna find out who was really the brains behind Ethereum. My money is on Charles/Cardano. This shit is like Crips/Bloods/ViceLords/GDs…

www.google.com

Why the Ethereum Classic hack is a bad omen for the blockchain

The 51 percent attack is real, and it’s easier than ever
www.google.com www.google.com

A6BB7C1E-EE4B-4CE0-863F-33C53F4A0056.gif
 
dasmooth1 said:
I bought a nano ledger s back in 2017. I don't trust leaving them on an exchange
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I had a Trezor for years. Ledger just as good. The only exchange I trust is Binance .COM. Fuck .us. Use a VPN. And they gotta pay me at LEAST 10% for me to keep coins on there.
 
Inori said:
I like Exodus (https://www.exodus.com/). It supports alot of different coins and the interface is clean. You can even exchange from the wallet if you want to.

Prolly will switch to a paper wallet or a hardware wallet at some point
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Exodus isin the top 3 as far as free hot wallets IMHO. Trust Wallet, SafePal…

Also, check out Exodus staking. Non custodial, so you keep TOTAL control of your coins AND get ~10% APY on top of the coin’s price movement. Paid daily or monthly. I forget…
 
Neutron Don said:
Is this legit or a scam?
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Dunno. If that wallet is custodial, TOTAL SCAM. If not, it’s a GodSend for us. Just listening to the first 5 minutes and it seems like they dunno WTF they’re talking about, tho. Prolly 2021 crypto newbs.

Also, it MUST be OpenSource and audited. That way 100 nerds can check every line of the code for exploits.

DeFi is how you can have millions and nobody knows except you. And can transact with anyone, any amount, anytime. No middle man or freezes.
 
M4nh4tt4n said:
Balls of steel. Prop$. What made you cop? You deserve all them gains. I woulda never predicted ETC. I was wondering why Voyager even listed them.
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lol I’m not an expert man I just knew I didn’t have enough money for Etherium at the time and I noticed ETC lately has been moving and it was affordable

sadly since I spent most of my money on Etherium and Cardano and DOGE on robinhood I only had enough money to buy a few coins of ETC

But gains are gains
 
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