Crypto Thread! No PORN!

[Gameface]

Sitting on 9.13+ ETH and a little over 2,100 ADA. Buying about 2,000 WOO today and some Safemoon and Bonfire this weekend hopefully.

ETH took an unfair hit today but I see it going over $5000 easily in the next couple weeks. EIP 1559 is a winner for investors and will help push the value higher.

But forreal @Wes Mantooth why respond in this thread instead of the "*official crypto*" thread?

Looks like Dave did a drive-by. Yet here we are getting more posts in this thread.

Whatever man.

 

[Miggs]

ETH took an unfair hit today but I see it going over $5000 easily in the next couple weeks. EIP 1559 is a winner for investors and will help push the value higher.

But forreal @Wes Mantooth why respond in this thread instead of the "*official crypto*" thread?

Looks like Dave did a drive-by. Yet here we are getting more posts in this thread.

Whatever man.

The other one seemed more focused on mining for it.

 

[Archie Moses]

Pardon my ignorance, but how does Bitcoin mining affect the environment and fossil fuel use?

I believe from the massive amount of energy to run the mining computers.

 

[Miggs]

Just bought about 3,000 ANKR and 1,500 NU to add to my crypto.

I need to get WOO and SAFE ASAP. Bonfire too.

 

[Miggs]

Just added about 900 ALGO too.

Once I get WOO, SAFEMOON, BONFIRE, and VET, I'll be good for a while.

 

[idestroyedthetoilet]

Pop. Hope y'all got out while the getting was good.

 

[idestroyedthetoilet]

What happens to bitcoin when the Federal Reserve board members pulls their heads out of their asses?

What happens to Bitcoin after Tesla shareholders fire Elon Musk for gambling borrowed money away? Whats the current market cap on this thing anyway? Musk bought what % that'll get sold all at once?

 

[Eminence]

What happens to bitcoin when the Federal Reserve board members pulls their heads out of their asses?

What happens to Bitcoin after Tesla shareholders fire Elon Musk for gambling borrowed money away? Whats the current market cap on this thing anyway? Musk bought what % that'll get sold all at once?

Infinite Market Cap

Infinite Market Cap ranks the world's top assets by Market Cap. Including precious metals such as Gold, Stocks, ETFs and cryptocurrencies

8marketcap.com

Bitcoin has ~700 billion market cap right now.

 

[idestroyedthetoilet]

What happens to bitcoin when the Federal Reserve board members pulls their heads out of their asses?

What happens to Bitcoin after Tesla shareholders fire Elon Musk for gambling borrowed money away? Whats the current market cap on this thing anyway? Musk bought what % that'll get sold all at once?

Now that we are past the greater fool phase of this predicted bubble pop, who here is still holding on hoping they are not the greatest fool?

And where is that investment advisor who had been telling his clients to buy bitcoin hand over fist?

 

[Miggs]

Now that we are past the greater fool phase of this predicted bubble pop, who here is still holding on hoping they are not the greatest fool?

And where is that investment advisor who had been telling his clients to buy bitcoin hand over fist?

Ethereum isn’t going anywhere. Basically every Fortune 500 company has bought in.

 

[LogGrad98]

Now that we are past the greater fool phase of this predicted bubble pop, who here is still holding on hoping they are not the greatest fool?

And where is that investment advisor who had been telling his clients to buy bitcoin hand over fist?

I'm still holding. Of course I really didn't pay much for anything I have. For me it's been more of a hobby.

 

[idestroyedthetoilet]

Sitting on 9.13+ ETH and a little over 2,100 ADA. Buying about 2,000 WOO today and some Safemoon and Bonfire this weekend how

Ethereum isn’t going anywhere. Basically every Fortune 500 company has bought in.

Are you confusing investing in block chain with buying Ethereum? Or trying to conflate the two?
Regardless of what these companies are exploring in tech, bitcoin etc. can never function as a useful currency due to the exact limitation that has popularized it. Gold bugs could never understand this limitation from countless historic examples, so they transitioned their theology into this new experiment. Same limitation, same results will come, same return as holding gold.