5 weeks later, Binance advanced account verification is successful.

made $600 today! wow.

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the world will always the world. your entire existence is defined by your response.

started as a joke. after it gained steam a couple years ago they changed the algorithm to make it a stable coin. and about two months ago they revamped the code and now it's completely legit long term wise. it's not designed as a commodity like bitcoin is... it's designed to be used as currency, and thats why youre seeing so many retail outlets starting to accept it.

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the world will always the world. your entire existence is defined by your response.

100xCoin (re)(re)launch today at 2 PM CDT

Contract's paused until then https://www.100xcoinlaunch.com/

yeah, you don't really wanna hold shit meme coins. some ways to make gains on shitcoins:

1) be in on the pre-sale or right when they start swapping

or

2) periodically these telegram groups will pick a different shitcoin to run, usually later in the week into the weekend. Saturday nights are really popular, I guess cuz folks can stay up all night running, dropping and swapping.

you get in before/at the start of a run and then watch the buy/sells at a charting site like poocoin. once the run reaches a crescendo, get ready to dump. as once it runs 20 to 50% (depending on which run it is in the sequence, could be as high as 3 to 5x for an initial run) it'll dump back down some percentage of that. you wanna swap out before it drops and then buy back in as it starts another run....repeat.

this works best/mostly on binance's smart chain; as the gas/fees are nominal (~70 cents per swap vs $40 to $80+ per swap on uniswap), so anyone can participate, not just those throwing around 5-10 eth bundles.


take your gains and park (stake) em in a BNB/CAKE farm. or convert them to btc, eth, other long-term play

doge really is a bit different though. its a meme but a meme with worldwide fame now. its being labled the peoples coin. and they did upgrade the code to work long term properly. its often said it started as a joke but they moved away from that a long time ago and continue to progress with it. its not going away, its the original meme coin, now all grown up.

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the world will always the world. your entire existence is defined by your response.

Dogecoin's market cap is around $12 billion, top 15-20 in market cap. That's a lot of shit if it's a shit coin. Millions of holders + huge market cap = not v workable for shit coin swing trade shenanigans. The typical shit meme coin is usually under 10$ million in mkt cap across a few thousand wallets. Small market cap + not many owners = easy to pump up the price for a small group of holders to get a run going.

What do you think is a fair bid for Coinbase?

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With Elon, Tulsi, and Don

$10 to 20 billion market cap, so $50 to $100 a share?

if its hits $100 i wont ever have to work again

_________________
the world will always the world. your entire existence is defined by your response.

Well, it was $350 a share during the last private placement, so it's gonna take more than that.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

that's not surprising, given (i) investor appetite for all things crypto and (ii) the opacity of actually investing in crypto. There's a lot of pent up demand for something, anything related to cryptocurrencies and there's a lot of investors that will likely overpay for coinbase stock. One way to view coinbase stock is like a shit coin offering: market frothiness and hype might drive up the price initially, but probably a good idea to take gains after 2 or 3x and invest them in actual crypto.

Coinbase is basically training wheels for crypto investing--both for individuals and the industry (esp in the US, with draconian KYC regulations and related bs). So naive investors probably view buying coinbase stock as a proxy for investing in crypto; while that's seemingly true in the moment, beyond this moment it's the opposite of that. One of the primary purposes of blockchain technology is to put centralized middlemen like Coinbase out of business. And in the long and likely not-so-long run Coinbase will fall by the wayside -- absent iterating their platform or otherwise pivoting their purpose, to what? I've no idea. In the long, short, medium whatever run, blockchain renders clearinghouse middlemen like Coinbase extinct.

Yeah, I'd pretty much agree with that. At least from the perspective of hardcore libertarian Bitcoiners.

I've got most of my Bitcoin sitting on the Gemini exchange. I know that's anathema to the libertarians in my club who are more philosophy based than I am. They might say that I don't even actually own any Bitcoin. That's fine if you have an apocalyptic viewpoint. But I don't. I just don't see a world where society completely breaks down and the Internet is dicey and Bitcoin remains this great store of value and only those wisemen who had the vision to HODL on wallets have buying power.

I guess I'd call myself a Bitcoin centrist. Because I don't think governments will be able to organize in a way that they could eliminate Bitcoin either. And for Bitcoin to have any real value- at least within any kind of society that I'd want to live in- trustworthy and reliable exchanges have to exist. I mean, I think if a Mt. Gox happened with Coinbase or Gemini right now, that would pretty much destroy Bitcoin.

Anyway, I'm gonna take a crack at 10-20 shares at $450 and see what happens. Some analysts are saying it will hit $600. I suspect after the immediate frenzy the price will drop. At that point I might double up and average down.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

up $2500 now in just two days. i might quit my job this week

_________________
the world will always the world. your entire existence is defined by your response.

i wouldnt worry about the system breaking down, i would more worry they hold your keys hostage for whatever bullshit reason and it takes years to litigate.

hardware wallet for the win.

_________________
the world will always the world. your entire existence is defined by your response.

I've got a wallet. I just don't particularly like the idea of having half a million dollars sitting on a plastic disc inside my apartment. You have this discussion and someone mentions a safe deposit box. Well, if shit breaks down, why would I think I could get into a bank to get the wallet out of the safe deposit box. I'm not really looking for worst case scenarios.

There's a rumor- it could be and probably is an apocryphal tale- of a guy in Winnetka who has 500 Bitcoin on a wallet he keeps on a chain around his neck at all times. That seems like a lot of stress. For me, that's no way to live. I'll take my chances with the Winklevii.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Time to invest in a fire-proof and EMP-proof safe.

_________________

Of course you can have a backup, but I've known guys who have lost their keys.

At least in what's left of my lifetime I see Bitcoin as a hedge rather than as the coin of the realm in a post-apocalyptic world. That being the case, I'm putting a little faith in the major exchanges in order to avoid responsibility.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Is there a "shitcoin" yet? I'll buy that one. I guess gold is officially done as the inflation hedge. Of course I missed out on this investment too. Fuck me! I SUCK!

Get me a name. I would be in and out in no time.

_________________
Elections have consequences.

why put your money in anything then? At that point of paranoia, you should only have your money in FDIC insured banks.

the harware wallet just makes securing your funds easier. and the whole point of blockchain coins is security.. Even if you lose your wallet or it gets stolen, you can use a 20 word restore key to recover.

so, a hardware wallet sitting on your nightstand is fine. no problem if someone steals it. the recovery passcode is really what you want to protect, and there are countless ways to backup a fucking password.

_________________
the world will always the world. your entire existence is defined by your response.

I would argue that the point of the blockchain, at least as it concerns Bitcoin, is decentralization. And yeah, storing the asset on an exchange is contradictory to that ideal/principle, but as I said, I'm not a Bitcoin nutjob who is anticipating an imminent complete breakdown of society. And I doubt if such a breakdown occurred that the ruling class would be Bitcoin HODLers using their Satoshis as the primary means of exchange. And while I think Bitcoin has the potential to reshape the world and eliminate borders, I don't see such a thing happening in my lifetime.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

i dont think of it that way... peoples money gets messed with all the time. blockchain is a way to have full control over your money.

_________________
the world will always the world. your entire existence is defined by your response.

I'm in on $COIN at $381 a share.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

I really want to get in on some of these weird new investment opportunities, but I know the minute I do I'll get my ass kicked. I think I'm just going to wait until the stimulus train stops and see how the economy reacts. Everything is inane now. Kind of like pets.com in the 90's crazy.

all these staking / liquidity pool / farming defi scenarios are currently a license to print crypto. pair up bnb-cake (or other liquidity pairing) in a pancake pool/farm and you'll still get the appreciation of the underlying tokens + daily rewards (paid out in CAKE mostly on pancake) that APR out to some very nice returns: https://pancakeswap.finance/farms

kucoin's earn tab - good place park stable usdt or even btc/eth and some others (basically anything that's useful in trading for other crypto) and get 40 to 60%+ apr lending it out to margin traders

coinbase/gemini have similar staking for holding on their exchanges but they obscure what they're doing and have rip-off low returns