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OT- Bitcoin

COTI still moving
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I bought...quite a bit, at .065.
 
Lol I sold all mine in 2022 at 0.60
Nice dude!

What do you know about Pangolin? PNG. Went parabolic over the weekend surpassing COTI from .08 to .50 just a bit ago. I was going to lay some on it this morning at .35. Missed the dang boat today. Now I'm hoping for a big time corrections on COTI, PNG, JOE, OSMO.

Not sure BTC is going to head back to even 38k at this point.
 
Will BTC hit an ATH by the end of this week? Wow what a run!
Fantastic. How much BTC are the BlackRock's of the world buying? I read a number, but can't remember what it was. I think Microstrategy recently bought $3 billion worth. What is the new BTC floor? It's gotta be going up.
 
Fantastic. How much BTC are the BlackRock's of the world buying? I read a number, but can't remember what it was. I think Microstrategy recently bought $3 billion worth. What is the new BTC floor? It's gotta be going up.
Guess we’ll find out next year. I’m thinking mid 30s for a new floor but what do I know 🤣
 
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Alright Crypto Bros, I am now one of you. Sort of... I bought a small pile of IBIT yesterday morning. After a run, I might convert it to something else in the crypto world I can write options against. Input welcome.
 
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Alright Crypto Bros, I am now one of you. Sort of... I bought a small pile of IBIT yesterday morning. After a run, I might convert it to something else in the crypto world I can write options against. Input welcome.
Welcome. I got in the first time last December. I think BTC gets to 100k or more this year. 2025 is where there is disagreement about .. some say it will crash and repeat another cycle .
 
I try not to "invest" in anything I don't understand. To say I don't understand this stuff is an understatement. You guys are all way ahead of me on this or have more money or both!
 
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I'm going to have a hard time seeing these small coins as anything other than a casino.
The small coins I suppose I treat as either a quick money grab (Shit, even 20 dollars turning into 40 dollars in a few minutes is worth it) or as a lotto ticket...you don't really think you will win but you still start thinking about what you might buy if you do.

As far as some sort of sound investment...nope.
 
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I try not to "invest" in anything I don't understand. To say I don't understand this stuff is an understatement. You guys are all way ahead of me on this or have more money or both!
I own stock in a crypto mining company...They end up getting updates/reviews lumped in with other "mining" companies, like, mining companies that mine for natural resources...

It is unreal...no one knows what this shit is.
 
Alright Crypto Bros, I am now one of you. Sort of... I bought a small pile of IBIT yesterday morning. After a run, I might convert it to something else in the crypto world I can write options against. Input welcome.
In general...

This is not the time to buy this is the time to sell.

When everyone is saying what a scam crypto is - that's the time to buy.
 
I try not to "invest" in anything I don't understand. To say I don't understand this stuff is an understatement. You guys are all way ahead of me on this or have more money or both!
I was in the same boat. The eft approval gave me some confidence to dip my toe in the water.

If BTC goes to a million, I don't think I could deal with dsmalls calling me a broke dick everyday
 
In general...

This is not the time to buy this is the time to sell.

When everyone is saying what a scam crypto is - that's the time to buy.
Agreed. I'm hoping for more momentum but expecting a pull back of some sort. I'm chalking this move up to diversification.
 
The small coins I suppose I treat as either a quick money grab (Shit, even 20 dollars turning into 40 dollars in a few minutes is worth it) or as a lotto ticket...you don't really think you will win but you still start thinking about what you might buy if you do.

As far as some sort of sound investment...nope.
Being on the inside, I can tell you first hand what these coins are. A "money grab" is semi accurate, but they are the gateway Coins to the blockchain. They are created by people of other projects to get a large group of people on that blockchain to support it. It's like Microsoft, Apple, Ubuntu etc... all created song that tied them all together. The Meme coin is that song, but all the Supporters of those companys want to support the song. The goal is to onboard new people to see what is actually doing legit stuff on the blockchain that is offering the meme coin. At the end of the day "some" of these meme Coins (Most 95%+ are absolutely worthless) are going to be long term hold, because they are utilized by a lot of the people building on the inside.
 
Being on the inside, I can tell you first hand what these coins are. A "money grab" is semi accurate, but they are the gateway Coins to the blockchain. They are created by people of other projects to get a large group of people on that blockchain to support it. The goal is to onboard new people to see what is actually doing legit stuff on the blockchain that is offering the meme coin. At the end of the day some of these meme Coins (Most 95%+ are absolutely worthless) are going to be long term hold, because they are utilized by a lot of the people building on the inside.
Thank you. How are these projects monetized?
 
The Meme coins or the other projects?
I guess any of them. I assume it's based on transactions but I don't really know. Also, do you need the coins to make transactions on the chain? In general I'm trying to understand the business case. Sorry for the dumb questions.
 
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