Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

The New Coffee Room

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

The Bitcoin/Crypto Thread

Scheduled Pinned Locked Moved General Discussion
440 Posts 22 Posters 27.8k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • 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 Offline
      D Offline
      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 Away
                          A Away
                          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
                              • 8 89th
                                10 Nov 2021, 14:34

                                @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 Offline
                                L Offline
                                LuFins Dad
                                wrote on 10 Nov 2021, 14:44 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

                                8 1 Reply Last reply 10 Nov 2021, 14:49
                                • L LuFins Dad
                                  10 Nov 2021, 14:44

                                  @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?

                                  8 Offline
                                  8 Offline
                                  89th
                                  wrote on 10 Nov 2021, 14:49 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
                                  • L Offline
                                    L Offline
                                    LuFins Dad
                                    wrote on 10 Nov 2021, 16:10 last edited by
                                    #59

                                    I was planning on adding some of my weekly spending cash every week, just trying to figure out whether I want to keep putting it into SOL or diversify…

                                    The Brad

                                    8 1 Reply Last reply 10 Nov 2021, 17:15
                                    • 8 89th
                                      10 Nov 2021, 14:34

                                      @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.

                                      M Offline
                                      M Offline
                                      mark
                                      wrote on 10 Nov 2021, 16:13 last edited by
                                      #60

                                      @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.

                                      I plan on buying some Shiba Inu next week when my limit is reset. lol

                                      1 Reply Last reply
                                      • L LuFins Dad
                                        10 Nov 2021, 16:10

                                        I was planning on adding some of my weekly spending cash every week, just trying to figure out whether I want to keep putting it into SOL or diversify…

                                        8 Offline
                                        8 Offline
                                        89th
                                        wrote on 10 Nov 2021, 17:15 last edited by
                                        #61

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

                                        I was planning on adding some of my weekly spending cash every week, just trying to figure out whether I want to keep putting it into SOL or diversify…

                                        I would suggest throwing cash on the brand new coins and trying to catch one that does a massive spike. Otherwise SOL and ETH and most of the top-10 coins will give you modest % gains. But if you're looking for the rare 100x or even 10,000x return...

                                        K 1 Reply Last reply 10 Nov 2021, 19:00
                                        • 8 89th
                                          10 Nov 2021, 17:15

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

                                          I was planning on adding some of my weekly spending cash every week, just trying to figure out whether I want to keep putting it into SOL or diversify…

                                          I would suggest throwing cash on the brand new coins and trying to catch one that does a massive spike. Otherwise SOL and ETH and most of the top-10 coins will give you modest % gains. But if you're looking for the rare 100x or even 10,000x return...

                                          K Offline
                                          K Offline
                                          Klaus
                                          wrote on 10 Nov 2021, 19:00 last edited by
                                          #62

                                          @89th Why should the small values do well in the long term? I can see that possibility when they are technologically superior to ETH etc., but if it's just yet another coin, then the bigger ones will prevail.

                                          8 1 Reply Last reply 12 Nov 2021, 15:53
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes

                                          52/440

                                          10 Nov 2021, 12:41

                                          388 unread

                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          52 out of 440
                                          • First post
                                            52/440
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups