Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
- Start date
-
Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Rajaah
Honorable Member
- 12,743
- 16,887
I've got another $500 to drop somewhere, preferably BTC (where I already have a lot, but not enough). I'm expecting a dip in the near future, so I'm hesitant to buy more of it yet. What if right now ends up being the dip, though? Historical trends might not be as reliable in a Post-Gamestonk world, where everyone and their mom is getting into buying this stuff. I think I'll hold and wait for it to go sub-40k again. ...except two weeks ago I was doing a similar thing and waiting for it to go sub-30k before I invested more, and that didn't happen. Next month maybe I'll be waiting for it to go sub-50k. It's hard to say. In the meantime I could get $500 of Doge, sell it on the next spike, and reinvest that into BTC for a bit more. Still not keen on Doge though. Feels like a great Doge sell-off is imminent.
I think I might just go DCA and put $200 into BTC every week regardless of where it is. I could probably swing that without impacting other expenses. In the past I'd be saving that instead, but with inflation going in the direction it's going, I don't have much confidence in a savings account to not steadily decline in value.
I think I might just go DCA and put $200 into BTC every week regardless of where it is. I could probably swing that without impacting other expenses. In the past I'd be saving that instead, but with inflation going in the direction it's going, I don't have much confidence in a savings account to not steadily decline in value.
Flobee
Vyemm Raider
- 2,717
- 3,130
I see it as a hedge against Ethereum. I don't like Charles Hoskinson much after listening to him speak some and learning about his background. Polkadot is my preferred ETH hedge, but it could go either way, or both/neither. Who knows.
LachiusTZ
Rogue Deathwalker Box
- 14,472
- 27,162
Caliane
Avatar of War Slayer
- 15,609
- 11,922
BTC was at 38k before mondays Tesla spike. it is and was perfectly reasonable to expect a drop. Trying to time it with a short was iffy. (or worse if he put them in BEFORE?)
It was steadily rising however before that. I would not really expect it to drop below 40k anytime soon.
I think adoption is now much higher, so we won't be seeing 2017 style crashes.
Dollar cost average it. do 100/week.
It was steadily rising however before that. I would not really expect it to drop below 40k anytime soon.
I think adoption is now much higher, so we won't be seeing 2017 style crashes.
Dollar cost average it. do 100/week.
Flobee
Vyemm Raider
- 2,717
- 3,130
Story I've heard is that when he used to be a part of the ETH dev team he wanted to move it towards a corporate structure, with him as the CEO. As opposed to the current Ethereum Foundation structure as a non-profit. Essentially he's in favor of a centralized organization controlling the ecosystem. Hence IOHK's structure behind Cardano. He's also kind of a little douche from what I've seen, Vitalik seems to think so, but that's subjective and probably not that important.
LachiusTZ
Rogue Deathwalker Box
- 14,472
- 27,162
You should go into massive debt to buy doge, then tell us about it.
- 2
Arden
Blackwing Lair Raider
- 2,784
- 2,088
I've quadrupled my money with doge so far... Might not be a bad idea.
- 2
Arden
Blackwing Lair Raider
- 2,784
- 2,088
Fresh off the presses @@: MicroStrategy CEO sees an 'avalanche' of companies buying bitcoin
If this shit ends up true and Apple, Microsoft, and others suddenly end up buying billions of bitcoin, it's going to cause a cascade.
If this shit ends up true and Apple, Microsoft, and others suddenly end up buying billions of bitcoin, it's going to cause a cascade.
- 1
Tuco
I got Tuco'd!
- 47,942
- 82,660
Bitcoin consumes 'more electricity than Argentina'
The rising value of Bitcoin leads to ever-higher energy consumption, researchers say.
www.bbc.com
They need to delete bitcoin.
- 1
Tmac
Adventurer
- 10,074
- 17,141
Arden
Blackwing Lair Raider
- 2,784
- 2,088
First buy was 1/28 at .025. Then it's been buying and selling on the way up as it dipped and rose.
Tmac
Adventurer
- 10,074
- 17,141
His Twitter followers must be all in. Guess he’s just getting a gauge for his Tweet:movement ratios.