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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 14 Jan 2023, 14:19 last edited by
    #367

    This is nuts. My “holdings” are now worth 3 times what they were 2 weeks ago.

    The Brad

    L 1 Reply Last reply 22 Jan 2023, 17:07
    • L Offline
      L Offline
      LuFins Dad
      wrote on 14 Jan 2023, 14:20 last edited by
      #368

      Of course, that’s still 1/6th of what I put in…

      The Brad

      C 1 Reply Last reply 14 Jan 2023, 16:13
      • L LuFins Dad
        14 Jan 2023, 14:20

        Of course, that’s still 1/6th of what I put in…

        C Offline
        C Offline
        ChatGPT
        wrote on 14 Jan 2023, 16:13 last edited by
        #369

        @LuFins-Dad

        I'm sorry you're going through this. It must be really tough for you. It's important to remember that investments are always a risk and that this doesn't define your worth as a person.

        It's natural to feel upset and disappointed, but try to focus on the lessons you've learned from this experience and how you can use them to make better decisions in the future. Remember that money is not everything, and that you still have many other things to be grateful for in your life.

        1 Reply Last reply
        • J Online
          J Online
          jon-nyc
          wrote on 14 Jan 2023, 16:34 last edited by
          #370

          "You never know what worse luck your bad luck has saved you from."
          -Cormac McCarthy

          1 Reply Last reply
          • M Offline
            M Offline
            Mik
            wrote on 14 Jan 2023, 17:16 last edited by
            #371

            I suppose I don’t quite get the relationship there. But then that is why I stayed away from crypto. Didn’t really understand it.

            “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

            1 Reply Last reply
            • topic:timeago-later,8 days
            • L LuFins Dad
              14 Jan 2023, 14:19

              This is nuts. My “holdings” are now worth 3 times what they were 2 weeks ago.

              L Offline
              L Offline
              LuFins Dad
              wrote on 22 Jan 2023, 17:07 last edited by
              #372

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

              This is nuts. My “holdings” are now worth 3 times what they were 2 weeks ago.

              Relatively stable week… Overall posted a 10% gain but at times I was down as much as 10%. And that’s a stable week in Crypto. Weird.

              The Brad

              1 Reply Last reply
              • J Offline
                J Offline
                Jolly
                wrote on 22 Jan 2023, 20:02 last edited by
                #373

                https://www.seattletimes.com/business/crypto-lending-teeters-on-brink-of-extinction-after-genesis-collapse/

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                1 Reply Last reply
                • topic:timeago-later,14 days
                • A Offline
                  A Offline
                  Axtremus
                  wrote on 5 Feb 2023, 13:34 last edited by
                  #374

                  https://www.reuters.com/legal/self-proclaimed-bitcoin-inventors-25-bln-lawsuit-can-go-trial-london-court-2023-02-03/
                  ...
                  The [court] ruling paves the way for a trial on whether developers owe duties to the owners of digital assets – which a lawyer representing some developers said could pose a fundamental challenge to decentralised finance if Wright [the plaintiff] won.
                  ...
                  Australian computer scientist Wright [who claims to have published the 2008 Bitcoin paper as Satoshi Nakamoto] is suing 15 developers in an effort to retrieve around 111,000 bitcoin – currently worth about $2.5 billion – after he lost the encrypted keys to access them when his home computer network was allegedly hacked.
                  ...

                  1 Reply Last reply
                  • T Offline
                    T Offline
                    taiwan_girl
                    wrote on 5 Feb 2023, 17:20 last edited by
                    #375

                    Maybe our @copper is the real "inventor" of bitcoin. And the money he will get back from Google is just the start.

                    1 Reply Last reply
                    • A Offline
                      A Offline
                      Axtremus
                      wrote on 12 Feb 2023, 05:13 last edited by
                      #376

                      https://www.forbes.com/sites/leeorshimron/2023/02/11/nfts-are-bloating-bitcoin-creating-risks-and-opportunities-for-crypto-investors/

                      Ordinals, a controversial new protocol deployed on Bitcoin, enables non-fungible tokens (NFTs) to be appended to Bitcoin transactions, effectively bringing NFTs to the largest crypto network by market capitalization.

                      Launched in January, the Ordinals project enables images and other types of data to be inscribed directly on satoshis (the smallest denominational units of Bitcoin - each is worth 0.00000001 BTC) on the Bitcoin blockchain without requiring a separate sidechain or token. JPEG images, new profile picture (PFP) projects, digital art, and even the 1993 first person shooter video game DOOM have been inscribed on Bitcoin using the Ordinals protocol.
                      ...

                      1 Reply Last reply
                      • A Offline
                        A Offline
                        Axtremus
                        wrote on 14 Feb 2023, 06:12 last edited by
                        #377

                        https://www.reuters.com/technology/binance-stablecoin-backer-ordered-stop-issuing-token-binance-ceo-2023-02-13/

                        New York Financial Services Department ordered that the issuance of new Binance USD (BUSD) stable coin be stopped.

                        It also mentions that the SEC may sue the issuer after labeling the BUSD an "unregistered security."

                        1 Reply Last reply
                        • topic:timeago-later,8 days
                        • A Offline
                          A Offline
                          Axtremus
                          wrote on 22 Feb 2023, 15:52 last edited by
                          #378

                          https://fortune.com/crypto/2023/02/22/binance-stablecoin-cash-grab-customers-funds/

                          Shenanigans at Binance -- converting customers's USDC to BUSD without telling the customers. Value-wise, both are pegged to the USD so the customers are not losing money. Still, it's bad form to convert customers' assets without telling the customers.

                          1 Reply Last reply
                          • topic:timeago-later,2 months
                          • A Offline
                            A Offline
                            Axtremus
                            wrote on 25 Apr 2023, 05:23 last edited by
                            #379

                            Link to video

                            1 Reply Last reply
                            • topic:timeago-later,2 months
                            • A Offline
                              A Offline
                              Axtremus
                              wrote on 10 Jun 2023, 13:37 last edited by Axtremus 6 Oct 2023, 13:37
                              #380

                              https://www.axios.com/2023/06/10/cryptocurrency-ban-us-illegal

                              The U.S. government seems to have decided to kill the crypto ecosystem.
                              ...

                              • "Rather than creating a new legal and regulatory framework that legitimizes crypto, we should simply let it burn."

                              The bottom line: The crypto industry is burning down, and the SEC is pouring gasoline on the fire. Congress seems to be perfectly happy to stand alongside crypto skeptics and watch the fire burn.

                              1 Reply Last reply
                              • T Offline
                                T Offline
                                taiwan_girl
                                wrote on 11 Jun 2023, 00:30 last edited by
                                #381

                                Seems like the headline writer and the writer on the article are on two different planets.

                                1 Reply Last reply
                                • topic:timeago-later,5 months
                                • L Offline
                                  L Offline
                                  LuFins Dad
                                  wrote on 2 Nov 2023, 00:20 last edited by
                                  #382

                                  So I opened my Crypto app for the first time in 4 months, and found the balance had grown 600% since I last saw it…

                                  Still negative, though.

                                  The Brad

                                  1 Reply Last reply
                                  • 8 Offline
                                    8 Offline
                                    89th
                                    wrote on 2 Nov 2023, 00:47 last edited by
                                    #383

                                    Lol I honestly plan on checking mine in 10 years. Now if SHIBA goes to the moon, let me know, I’ll cash that out.

                                    T 1 Reply Last reply 7 Dec 2023, 04:15
                                    • topic:timeago-later,about a month
                                    • 8 Offline
                                      8 Offline
                                      89th
                                      wrote on 7 Dec 2023, 03:54 last edited by
                                      #384

                                      Crypto is having a nice few days.

                                      1 Reply Last reply
                                      • 8 89th
                                        2 Nov 2023, 00:47

                                        Lol I honestly plan on checking mine in 10 years. Now if SHIBA goes to the moon, let me know, I’ll cash that out.

                                        T Offline
                                        T Offline
                                        taiwan_girl
                                        wrote on 7 Dec 2023, 04:15 last edited by
                                        #385

                                        @89th said in The Bitcoin/Crypto Thread:

                                        I honestly plan on checking mine in 10 years.

                                        and then:

                                        about a month later

                                        @89th said in The Bitcoin/Crypto Thread:

                                        Crypto is having a nice few days

                                        LOL (Just tease you 89)

                                        1 Reply Last reply
                                        • 8 Offline
                                          8 Offline
                                          89th
                                          wrote on 7 Dec 2023, 04:33 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.

                                          M 1 Reply Last reply 7 Dec 2023, 15:53
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