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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 89th

    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.

    taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on 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
    • 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."

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