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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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  • markM mark

    @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?

    LuFins DadL Offline
    LuFins DadL Offline
    LuFins Dad
    wrote on 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

    markM 1 Reply Last reply
    • KlausK Online
      KlausK Online
      Klaus
      wrote on last edited by Klaus
      #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
      • Doctor PhibesD Online
        Doctor PhibesD Online
        Doctor Phibes
        wrote on 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

        George KG 1 Reply Last reply
        • LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #42

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

          The Brad

          CopperC LuFins DadL 2 Replies Last reply
          • Doctor PhibesD Doctor Phibes

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

            George KG Offline
            George KG Offline
            George K
            wrote on 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.

            Doctor PhibesD 1 Reply Last reply
            • George KG George K

              @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?

              Doctor PhibesD Online
              Doctor PhibesD Online
              Doctor Phibes
              wrote on 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

              Aqua LetiferA 1 Reply Last reply
              • LuFins DadL LuFins Dad

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

                CopperC Offline
                CopperC Offline
                Copper
                wrote on 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
                • LuFins DadL LuFins Dad

                  @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!

                  markM Offline
                  markM Offline
                  mark
                  wrote on 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.

                  LuFins DadL 1 Reply Last reply
                  • Doctor PhibesD Doctor Phibes

                    @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

                    Aqua LetiferA Offline
                    Aqua LetiferA Offline
                    Aqua Letifer
                    wrote on 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
                    • markM mark

                      @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.

                      LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote on 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

                      89th8 1 Reply Last reply
                      • KlausK Online
                        KlausK Online
                        Klaus
                        wrote on last edited by Klaus
                        #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!

                        AxtremusA 1 Reply Last reply
                        • Catseye3C Offline
                          Catseye3C Offline
                          Catseye3
                          wrote on 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
                          • LuFins DadL LuFins Dad

                            @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…

                            89th8 Offline
                            89th8 Offline
                            89th
                            wrote on 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
                            • KlausK Online
                              KlausK Online
                              Klaus
                              wrote on last edited by Klaus
                              #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
                              • LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on 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

                                89th8 1 Reply Last reply
                                • KlausK Klaus

                                  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!

                                  AxtremusA Away
                                  AxtremusA Away
                                  Axtremus
                                  wrote on 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”?

                                  KlausK 1 Reply Last reply
                                  • AxtremusA Axtremus

                                    @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”?

                                    KlausK Online
                                    KlausK Online
                                    Klaus
                                    wrote on last edited by Klaus
                                    #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
                                    • LuFins DadL LuFins Dad

                                      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.

                                      89th8 Offline
                                      89th8 Offline
                                      89th
                                      wrote on 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.

                                      LuFins DadL markM 2 Replies Last reply
                                      • 89th8 89th

                                        @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.

                                        LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #57

                                        @89th said in The Bitcoin/Crypto Thread:

                                        @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.

                                        When did you buy?

                                        The Brad

                                        89th8 1 Reply Last reply
                                        • LuFins DadL LuFins Dad

                                          @89th said in The Bitcoin/Crypto Thread:

                                          @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.

                                          When did you buy?

                                          89th8 Offline
                                          89th8 Offline
                                          89th
                                          wrote on last edited by
                                          #58

                                          @lufins-dad Oh like back in May after the first spike. I think I bought $200 worth and now have $300 worth. It's stupid, but figured it would be fun to get lucky with a viral meme coin.

                                          1 Reply Last reply
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