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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The Bitcoin/Crypto Thread

The Bitcoin/Crypto Thread

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  • L Offline
    L Offline
    LuFins Dad
    wrote on 8 Nov 2021, 18:25 last edited by
    #37

    Okay, I put the money I had set aside for one of Karla’s Christmas Gifts on Solana. Let’s see if she is getting new EarPods, a diamond necklace, or a lovely card for Christmas…

    The Brad

    M L 3 Replies Last reply 8 Nov 2021, 19:32
    • L LuFins Dad
      8 Nov 2021, 18:25

      Okay, I put the money I had set aside for one of Karla’s Christmas Gifts on Solana. Let’s see if she is getting new EarPods, a diamond necklace, or a lovely card for Christmas…

      M Offline
      M Offline
      mark
      wrote on 8 Nov 2021, 19:32 last edited by
      #38

      @lufins-dad said in The Bitcoin/Crypto Thread:

      Okay, I put the money I had set aside for one of Karla’s Christmas Gifts on Solana. Let’s see if she is getting new EarPods, a diamond necklace, or a lovely card for Christmas…

      What made you select Solana?

      L 1 Reply Last reply 8 Nov 2021, 20:14
      • M mark
        8 Nov 2021, 19:32

        @lufins-dad said in The Bitcoin/Crypto Thread:

        Okay, I put the money I had set aside for one of Karla’s Christmas Gifts on Solana. Let’s see if she is getting new EarPods, a diamond necklace, or a lovely card for Christmas…

        What made you select Solana?

        L Offline
        L Offline
        LuFins Dad
        wrote on 8 Nov 2021, 20:14 last edited by
        #39

        @mark said in The Bitcoin/Crypto Thread:

        @lufins-dad said in The Bitcoin/Crypto Thread:

        Okay, I put the money I had set aside for one of Karla’s Christmas Gifts on Solana. Let’s see if she is getting new EarPods, a diamond necklace, or a lovely card for Christmas…

        What made you select Solana?

        It’s probably Ethereum’s biggest competitor and can handle more transactions than Ethereum. It’s been listed in many of the top 10 lists and has shown pretty consistent growth. This is going to be a trial run for me, so I wanted a currency that would have a little bit of volatility but should at least maintain a pretty safe return. I actually got it somewhat on the cheap today, but it’s still dropped since then, lol. Ethereum is having a good day!

        The Brad

        M 1 Reply Last reply 9 Nov 2021, 03:54
        • K Offline
          K Offline
          Klaus
          wrote on 8 Nov 2021, 20:17 last edited by Klaus 11 Aug 2021, 20:19
          #40

          How about we deploy a TNCR smart contract on a blockchain, such that we can all participate?

          The contract can involve external data (like: what is the weather on Feb 7, 2023, what is the price of AAPL two weeks after a particular sports event happened), randomness, money, ... . Could be some sort of lottery. We could play with toy money, just for fun, and for education. Or we could see whether people put their money where their mouth is by setting up bets on election results etc. 🙂

          1 Reply Last reply
          • D Online
            D Online
            Doctor Phibes
            wrote on 8 Nov 2021, 20:24 last edited by
            #41

            Reading this thread makes me understand how my grandparents felt when they tried to program the VCR.

            I was only joking

            G 1 Reply Last reply 9 Nov 2021, 00:35
            • L Offline
              L Offline
              LuFins Dad
              wrote on 9 Nov 2021, 00:20 last edited by
              #42

              Just reached my first $1.00… 1% in 6 hours….

              The Brad

              C L 2 Replies Last reply 9 Nov 2021, 01:22
              • D Doctor Phibes
                8 Nov 2021, 20:24

                Reading this thread makes me understand how my grandparents felt when they tried to program the VCR.

                G Offline
                G Offline
                George K
                wrote on 9 Nov 2021, 00:35 last edited by
                #43

                @doctor-phibes said in The Bitcoin/Crypto Thread:

                Reading this thread makes me understand how my grandparents felt when they tried to program the VCR.

                Exactly.

                What the actual hell are you guys talking about?

                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                D 1 Reply Last reply 9 Nov 2021, 00:51
                • G George K
                  9 Nov 2021, 00:35

                  @doctor-phibes said in The Bitcoin/Crypto Thread:

                  Reading this thread makes me understand how my grandparents felt when they tried to program the VCR.

                  Exactly.

                  What the actual hell are you guys talking about?

                  D Online
                  D Online
                  Doctor Phibes
                  wrote on 9 Nov 2021, 00:51 last edited by
                  #44

                  @george-k said in The Bitcoin/Crypto Thread:

                  @doctor-phibes said in The Bitcoin/Crypto Thread:

                  Reading this thread makes me understand how my grandparents felt when they tried to program the VCR.

                  Exactly.

                  What the actual hell are you guys talking about?

                  I’m not totally convinced they know, either

                  I was only joking

                  A 1 Reply Last reply 9 Nov 2021, 04:01
                  • L LuFins Dad
                    9 Nov 2021, 00:20

                    Just reached my first $1.00… 1% in 6 hours….

                    C Offline
                    C Offline
                    Copper
                    wrote on 9 Nov 2021, 01:22 last edited by
                    #45

                    @lufins-dad said in The Bitcoin/Crypto Thread:

                    Just reached my first $1.00… 1% in 6 hours

                    That's 4% per day.

                    28% per week

                    Nice

                    1 Reply Last reply
                    • L LuFins Dad
                      8 Nov 2021, 20:14

                      @mark said in The Bitcoin/Crypto Thread:

                      @lufins-dad said in The Bitcoin/Crypto Thread:

                      Okay, I put the money I had set aside for one of Karla’s Christmas Gifts on Solana. Let’s see if she is getting new EarPods, a diamond necklace, or a lovely card for Christmas…

                      What made you select Solana?

                      It’s probably Ethereum’s biggest competitor and can handle more transactions than Ethereum. It’s been listed in many of the top 10 lists and has shown pretty consistent growth. This is going to be a trial run for me, so I wanted a currency that would have a little bit of volatility but should at least maintain a pretty safe return. I actually got it somewhat on the cheap today, but it’s still dropped since then, lol. Ethereum is having a good day!

                      M Offline
                      M Offline
                      mark
                      wrote on 9 Nov 2021, 03:54 last edited by
                      #46

                      @lufins-dad said in The Bitcoin/Crypto Thread:

                      @mark said in The Bitcoin/Crypto Thread:

                      @lufins-dad said in The Bitcoin/Crypto Thread:

                      Okay, I put the money I had set aside for one of Karla’s Christmas Gifts on Solana. Let’s see if she is getting new EarPods, a diamond necklace, or a lovely card for Christmas…

                      What made you select Solana?

                      It’s probably Ethereum’s biggest competitor and can handle more transactions than Ethereum. It’s been listed in many of the top 10 lists and has shown pretty consistent growth. This is going to be a trial run for me, so I wanted a currency that would have a little bit of volatility but should at least maintain a pretty safe return. I actually got it somewhat on the cheap today, but it’s still dropped since then, lol. Ethereum is having a good day!

                      Just bought a little Solana. I am limiting my purchases by not linking any payment methods that permit large transactions. We will see where these little gambles go for a while.

                      L 1 Reply Last reply 9 Nov 2021, 04:16
                      • D Doctor Phibes
                        9 Nov 2021, 00:51

                        @george-k said in The Bitcoin/Crypto Thread:

                        @doctor-phibes said in The Bitcoin/Crypto Thread:

                        Reading this thread makes me understand how my grandparents felt when they tried to program the VCR.

                        Exactly.

                        What the actual hell are you guys talking about?

                        I’m not totally convinced they know, either

                        A Offline
                        A Offline
                        Aqua Letifer
                        wrote on 9 Nov 2021, 04:01 last edited by
                        #47

                        @doctor-phibes said in The Bitcoin/Crypto Thread:

                        @george-k said in The Bitcoin/Crypto Thread:

                        @doctor-phibes said in The Bitcoin/Crypto Thread:

                        Reading this thread makes me understand how my grandparents felt when they tried to program the VCR.

                        Exactly.

                        What the actual hell are you guys talking about?

                        I’m not totally convinced they know, either

                        My theory is that "bitcoin" and "cryptocurrency" is, at the end of the day, just Chinese MMO gold farming.

                        Please love yourself.

                        1 Reply Last reply
                        • M mark
                          9 Nov 2021, 03:54

                          @lufins-dad said in The Bitcoin/Crypto Thread:

                          @mark said in The Bitcoin/Crypto Thread:

                          @lufins-dad said in The Bitcoin/Crypto Thread:

                          Okay, I put the money I had set aside for one of Karla’s Christmas Gifts on Solana. Let’s see if she is getting new EarPods, a diamond necklace, or a lovely card for Christmas…

                          What made you select Solana?

                          It’s probably Ethereum’s biggest competitor and can handle more transactions than Ethereum. It’s been listed in many of the top 10 lists and has shown pretty consistent growth. This is going to be a trial run for me, so I wanted a currency that would have a little bit of volatility but should at least maintain a pretty safe return. I actually got it somewhat on the cheap today, but it’s still dropped since then, lol. Ethereum is having a good day!

                          Just bought a little Solana. I am limiting my purchases by not linking any payment methods that permit large transactions. We will see where these little gambles go for a while.

                          L Offline
                          L Offline
                          LuFins Dad
                          wrote on 9 Nov 2021, 04:16 last edited by
                          #48

                          @mark I have mine set that I have to authorize every transaction. This feels like the Wild West or the very first days of the Dow Jones…

                          The Brad

                          8 1 Reply Last reply 10 Nov 2021, 12:08
                          • K Offline
                            K Offline
                            Klaus
                            wrote on 9 Nov 2021, 09:40 last edited by Klaus 11 Sept 2021, 10:35
                            #49

                            Now that I've learned more about the whole thing and have programmed a few smart contracts myself, I've also bought some Ethereum. This whole distributed finance thing looks really cool, I must say. Time to buy some non-fungible tokens!

                            A 1 Reply Last reply 10 Nov 2021, 13:20
                            • C Offline
                              C Offline
                              Catseye3
                              wrote on 9 Nov 2021, 12:53 last edited by
                              #50

                              Bitcoin hit an all-time high of $68,530.34 early Tuesday, according to CoinMarketCap.

                              More: https://www.cnn.com/2021/11/08/business/bitcoin-ethereum-price-new-record/index.html

                              Success is measured by your discipline and inner peace. – Mike Ditka

                              1 Reply Last reply
                              • L LuFins Dad
                                9 Nov 2021, 04:16

                                @mark I have mine set that I have to authorize every transaction. This feels like the Wild West or the very first days of the Dow Jones…

                                8 Offline
                                8 Offline
                                89th
                                wrote on 10 Nov 2021, 12:08 last edited by
                                #51

                                @lufins-dad said in The Bitcoin/Crypto Thread:

                                @mark I have mine set that I have to authorize every transaction. This feels like the Wild West or the very first days of the Dow Jones…

                                I do a lot of things based on gut.

                                My gut says crypto is absolutely here to stay, in one form or another. BTC and ETH are "too big to fail" (kinda) and will be here indefinitely. I think NFTs have a massive future, too. At least conceptually, the first way to really provide "unique ownership of a digital asset"... I think will grow in importance considering we'll forever be in a digital world going forward.

                                1 Reply Last reply
                                • K Offline
                                  K Offline
                                  Klaus
                                  wrote on 10 Nov 2021, 12:41 last edited by Klaus 11 Oct 2021, 13:26
                                  #52

                                  My impression is that Blockchain technology will really take off when "security tokens" become a thing on a large scale, that is, if things like stock, bonds and Fiat currencies can also be treated just like ETH or BTC and integrated into smart contracts and dApps. That works to some degree with US dollar already, and from what I understand, a full-scale integration of securities is in the making.

                                  1 Reply Last reply
                                  • L Offline
                                    L Offline
                                    LuFins Dad
                                    wrote on 10 Nov 2021, 12:50 last edited by
                                    #53

                                    Yeah, but at some point you do need to see some regulatory policies come into play. You can’t have Shiba Inu types of stunts occurring all of the time.

                                    The Brad

                                    8 1 Reply Last reply 10 Nov 2021, 14:34
                                    • K Klaus
                                      9 Nov 2021, 09:40

                                      Now that I've learned more about the whole thing and have programmed a few smart contracts myself, I've also bought some Ethereum. This whole distributed finance thing looks really cool, I must say. Time to buy some non-fungible tokens!

                                      A Offline
                                      A Offline
                                      Axtremus
                                      wrote on 10 Nov 2021, 13:20 last edited by
                                      #54

                                      @klaus said in The Bitcoin/Crypto Thread:

                                      Now that I've learned more about the whole thing and have programmed a few smart contracts myself, I've also bought some Ethereum. This whole distributed finance thing looks really cool, I must say. Time to buy some non-fungible tokens!

                                      Is there a particular website or tool you use to write these “smart contracts”?

                                      K 1 Reply Last reply 10 Nov 2021, 13:23
                                      • A Axtremus
                                        10 Nov 2021, 13:20

                                        @klaus said in The Bitcoin/Crypto Thread:

                                        Now that I've learned more about the whole thing and have programmed a few smart contracts myself, I've also bought some Ethereum. This whole distributed finance thing looks really cool, I must say. Time to buy some non-fungible tokens!

                                        Is there a particular website or tool you use to write these “smart contracts”?

                                        K Offline
                                        K Offline
                                        Klaus
                                        wrote on 10 Nov 2021, 13:23 last edited by Klaus 11 Oct 2021, 13:29
                                        #55

                                        @axtremus said in The Bitcoin/Crypto Thread:

                                        @klaus said in The Bitcoin/Crypto Thread:

                                        Now that I've learned more about the whole thing and have programmed a few smart contracts myself, I've also bought some Ethereum. This whole distributed finance thing looks really cool, I must say. Time to buy some non-fungible tokens!

                                        Is there a particular website or tool you use to write these “smart contracts”?

                                        The simplest way to get started is Remix. When it gets more serious, there's a big set of (mostly) Python-based tools and libraries such as Brownie as well as Blockchain simulators such as Ganache.

                                        1 Reply Last reply
                                        • L LuFins Dad
                                          10 Nov 2021, 12:50

                                          Yeah, but at some point you do need to see some regulatory policies come into play. You can’t have Shiba Inu types of stunts occurring all of the time.

                                          8 Offline
                                          8 Offline
                                          89th
                                          wrote on 10 Nov 2021, 14:34 last edited by
                                          #56

                                          @lufins-dad said in The Bitcoin/Crypto Thread:

                                          You can’t have Shiba Inu types of stunts occurring all of the time.

                                          Woah woah woah.... let it get to the moon (or at least $1) before you kill that coin. That's my ticket to early retirement. I have 4 million coins! Yes, I like saying that.

                                          L M 2 Replies Last reply 10 Nov 2021, 14:44
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