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The New Coffee Room

  1. TNCR
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  3. The Bitcoin/Crypto Thread

The Bitcoin/Crypto Thread

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  • 89th8 Offline
    89th8 Offline
    89th
    wrote on last edited by
    #386

    Hahaha totally fair! I haven't checked my balances, I just saw some charts in headlines that show a bit of an upward trend.

    Anyway, @LuFins-Dad will let me know when SHIBA goes to the moon, then I'll sell. I think I have 26 million SHIBA coins.

    markM 1 Reply Last reply
    • 89th8 89th

      Hahaha totally fair! I haven't checked my balances, I just saw some charts in headlines that show a bit of an upward trend.

      Anyway, @LuFins-Dad will let me know when SHIBA goes to the moon, then I'll sell. I think I have 26 million SHIBA coins.

      markM Offline
      markM Offline
      mark
      wrote on last edited by
      #387

      @89th said in The Bitcoin/Crypto Thread:

      Hahaha totally fair! I haven't checked my balances, I just saw some charts in headlines that show a bit of an upward trend.

      Anyway, @LuFins-Dad will let me know when SHIBA goes to the moon, then I'll sell. I think I have 26 million SHIBA coins.

      I have 39 million SHIBA coins.

      Current price:
      SHIBPricePer_12072023.png
      SHIB_Price_12072023.png

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #388

        I’m listening to the new Michael Lewis book about SBF/FTX.

        It’s fascinating.

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        1 Reply Last reply
        • LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #389

          My Crypto balance is +1130% over Dec 22, 2022…

          And it’s still down 20% overall…

          The Brad

          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by
            #390

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • markM Offline
              markM Offline
              mark
              wrote on last edited by
              #391

              Crypto is going crazy.

              Bitcoin is over $60k again. It's halving in 47 days. The block reward is getting cut in half. This will make mining more difficult which usually drives the price up.

              BitCoinPrice03022024.png

              1 Reply Last reply
              • markM Offline
                markM Offline
                mark
                wrote on last edited by
                #392

                Shiba Inu is worth more than 2x what I have in it now. Just waiting for it to hit 0.01. It has a long way to go.

                I have 39,000,000 of them.

                1 Reply Last reply
                • 89th8 Offline
                  89th8 Offline
                  89th
                  wrote on last edited by
                  #393

                  Ha! I was watching SHIB last night. Had gone up 50% in a day. I’m still in the red on it though.

                  LuFins DadL 1 Reply Last reply
                  • taiwan_girlT Offline
                    taiwan_girlT Offline
                    taiwan_girl
                    wrote on last edited by
                    #394

                    I know this has been talked about through this thread, but I just don't get crypto. To me it is like the tulip craze in Nederlands.

                    I have a friend who is a crypto fan and challenged him to live off of crypto for one month and I will do the same with USD. But, he would actually have to convert crypto into goods directly. He couldn't convert to "money" first.

                    He declined.

                    AxtremusA X 2 Replies Last reply
                    • taiwan_girlT taiwan_girl

                      I know this has been talked about through this thread, but I just don't get crypto. To me it is like the tulip craze in Nederlands.

                      I have a friend who is a crypto fan and challenged him to live off of crypto for one month and I will do the same with USD. But, he would actually have to convert crypto into goods directly. He couldn't convert to "money" first.

                      He declined.

                      AxtremusA Offline
                      AxtremusA Offline
                      Axtremus
                      wrote on last edited by
                      #395

                      @taiwan_girl said in The Bitcoin/Crypto Thread:

                      To me it is like the tulip craze in Nederlands.

                      And still she says she doesn't understand cryptocurrency. So modest!

                      1 Reply Last reply
                      • taiwan_girlT taiwan_girl

                        I know this has been talked about through this thread, but I just don't get crypto. To me it is like the tulip craze in Nederlands.

                        I have a friend who is a crypto fan and challenged him to live off of crypto for one month and I will do the same with USD. But, he would actually have to convert crypto into goods directly. He couldn't convert to "money" first.

                        He declined.

                        X Offline
                        X Offline
                        xenon
                        wrote on last edited by
                        #396

                        @taiwan_girl said in The Bitcoin/Crypto Thread:

                        I know this has been talked about through this thread, but I just don't get crypto. To me it is like the tulip craze in Nederlands.

                        I have a friend who is a crypto fan and challenged him to live off of crypto for one month and I will do the same with USD. But, he would actually have to convert crypto into goods directly. He couldn't convert to "money" first.

                        He declined.

                        Optimistic take on BitCoin specifically is that it turns to gold. Gold has no value - just a shiny metal that we all believe in. Bitcoin is supposed to be digital gold that's less subject to political shifts.

                        That's the theory anyways.....

                        I personally don't see much value in it - but I don't see much value in gold either.

                        AxtremusA 1 Reply Last reply
                        • 89th8 89th

                          Ha! I was watching SHIB last night. Had gone up 50% in a day. I’m still in the red on it though.

                          LuFins DadL Offline
                          LuFins DadL Offline
                          LuFins Dad
                          wrote on last edited by
                          #397

                          @89th said in The Bitcoin/Crypto Thread:

                          Ha! I was watching SHIB last night. Had gone up 50% in a day. I’m still in the red on it though.

                          Had a friend think he made $1K on it but he can’t find his key…

                          The Brad

                          markM 1 Reply Last reply
                          • X xenon

                            @taiwan_girl said in The Bitcoin/Crypto Thread:

                            I know this has been talked about through this thread, but I just don't get crypto. To me it is like the tulip craze in Nederlands.

                            I have a friend who is a crypto fan and challenged him to live off of crypto for one month and I will do the same with USD. But, he would actually have to convert crypto into goods directly. He couldn't convert to "money" first.

                            He declined.

                            Optimistic take on BitCoin specifically is that it turns to gold. Gold has no value - just a shiny metal that we all believe in. Bitcoin is supposed to be digital gold that's less subject to political shifts.

                            That's the theory anyways.....

                            I personally don't see much value in it - but I don't see much value in gold either.

                            AxtremusA Offline
                            AxtremusA Offline
                            Axtremus
                            wrote on last edited by
                            #398

                            @xenon said in The Bitcoin/Crypto Thread:

                            I personally don't see much value in it - but I don't see much value in gold either.

                            Gold has practical industrial uses.

                            1 Reply Last reply
                            • LuFins DadL LuFins Dad

                              @89th said in The Bitcoin/Crypto Thread:

                              Ha! I was watching SHIB last night. Had gone up 50% in a day. I’m still in the red on it though.

                              Had a friend think he made $1K on it but he can’t find his key…

                              markM Offline
                              markM Offline
                              mark
                              wrote on last edited by
                              #399

                              @LuFins-Dad said in The Bitcoin/Crypto Thread:

                              @89th said in The Bitcoin/Crypto Thread:

                              Ha! I was watching SHIB last night. Had gone up 50% in a day. I’m still in the red on it though.

                              Had a friend think he made $1K on it but he can’t find his key…

                              I have made over $1k and I have my key. 🤣

                              ShibaInu03042024.jpg

                              1 Reply Last reply
                              • markM Offline
                                markM Offline
                                mark
                                wrote on last edited by
                                #400

                                The only "problem" I have is that I moved my SHIB to a private wallet during the last "crypto scare" when exchanges were failing, and to move it to where I can cash out, I have to buy $50 minimum purchase of Ethereum to pay for the transfer to an exchange. Should probably do that sooner than later as ETH keeps going up too.

                                1 Reply Last reply
                                • LuFins DadL LuFins Dad

                                  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…

                                  LuFins DadL Offline
                                  LuFins DadL Offline
                                  LuFins Dad
                                  wrote on last edited by
                                  #401

                                  @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…

                                  And I am finally in the black. Up 13% all time…

                                  The Brad

                                  1 Reply Last reply
                                  • 89th8 Offline
                                    89th8 Offline
                                    89th
                                    wrote on last edited by
                                    #402

                                    Nice! SOL has done quite well!

                                    1 Reply Last reply
                                    • LuFins DadL Offline
                                      LuFins DadL Offline
                                      LuFins Dad
                                      wrote on last edited by
                                      #403

                                      If Crypto maintains the same pace of growth that it’s had over the past 3 months, I can retire comfortably in 9 months, lol.

                                      The Brad

                                      1 Reply Last reply
                                      • taiwan_girlT Offline
                                        taiwan_girlT Offline
                                        taiwan_girl
                                        wrote on last edited by
                                        #404

                                        https://www.reuters.com/world/europe/russian-suspected-cybercrime-kingpin-pleads-guilty-us-tass-reports-2024-05-04/

                                        Vinnik, accused of laundering more than $4 billion through the digital currency bitcoin, was arrested in 2017 in Greece at the request of the United States, although Moscow has repeatedly demanded he be returned to Russia.

                                        The U.S. Department of Justice has said Vinnik "allegedly owned, operated, and administrated BTC-e, a significant cybercrime and online money laundering entity that allowed its users to trade in bitcoin with high levels of anonymity and developed a customer base heavily reliant on criminal activity."

                                        1 Reply Last reply
                                        • AxtremusA Offline
                                          AxtremusA Offline
                                          Axtremus
                                          wrote on last edited by
                                          #405

                                          https://www.bbc.com/news/articles/czkkr8l7jjxo

                                          Dogecoin dog Kabosu dies after 14 years as meme

                                          Kabosu, the dog behind the "doge" meme, has died after 14 years of internet fame, her owner has said.
                                          The Japanese shiba inu inspired a generation of online jokes and became the face of Dogecoin cryptocurrency.
                                          She had been suffering from leukaemia and liver disease and died on 24 May.
                                          "She quietly passed away as if asleep while I caressed her," Atsuko Sato wrote on her blog, thanking Kabosu's fans.
                                          "I think Kabo-chan was the happiest dog in the world. And I was the happiest owner."
                                          As a rescue dog, Kabosu's real birthday was unknown, but Ms Sato estimated her age at 18.
                                          In 2010, two years after adopting Kabosu from a puppy mill where she would otherwise have been put down, Ms Sato, a teacher from Sakura, east of Tokyo, took a picture of her pet crossing her paws on the sofa.
                                          She posted the image on her blog, from where it spread to online forum Reddit and became a meme that bounced from college bedrooms to office email chains.
                                          The memes typically used goofy broken English to reveal the inner thoughts of Kabosu and other shiba inu "doge" - pronounced like pizza "dough" but with a "j" at the end.
                                          The picture also later became an NFT digital artwork that sold for $4m (£3.1m) and inspired Dogecoin, which was started as a joke by two software engineers and is now the eighth-most valuable cryptocurrency, with a market capitalisation of $23bn.
                                          Dogecoin has been backed by hip-hop star Snoop Dogg and Kiss bassist Gene Simmons.
                                          But its most keen supporter is billionaire Elon Musk, who jokes about the currency on X - sending its value soaring - and hails it as "the people's crypto".
                                          Kabosu fell ill with leukaemia and liver disease in late 2022, and Ms Sato said in a recent interview with AFP that the "invisible power" of prayers from fans worldwide helped her pull through.
                                          Ms Sato, 62, said she had become so used to "unbelievable" events that when Mr Musk changed the icon for Twitter, now X, to Kabosu's face last year, she "wasn't even that surprised".
                                          A $100,000 statue of Kabosu and her sofa crowdfunded by Own The Doge, a crypto organisation dedicated to the meme, was unveiled in a park in Sakura in November last year.
                                          Sato and Own The Doge have also donated large sums to international charities, including more than $1m to Save the Children. The NGO says it is "the single largest crypto contribution" it has ever received.

                                          alt text

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