Cryptocurrency’s taking a swan dive

[3peet]

Cut your losses with DOGE. Soon to be worth nothing.

Thanks for the input. I'll admit a mistake when made. Like I said I jumped when a nephew suggested it back in mid April. Then got really into DOGE after getting caught up following a YouTube streamer it's 18000 audience members. My goodness its almost like a cult the way they're talking holding on for $20.00 in 3-5 years.

Chalk it up as a lesson learned on move on.

 

[Illini]

Retail wasn't the only thing shut down last year.

Retail traders, not Target stores.

 

[Illini]

Cut your losses with DOGE. Soon to be worth nothing.

Agree, DOGE is a joke. Don’t wanna own any of that garbage for any reason.

 

[raiders72]

I like ALGO alot. I want to put my money with smart people. If you are a professor at MIT.....you are smart. I think his ideas make sense to me.

People that think cryptos have no value just dont get it. How does gold have value? Because it is a pretty metal? How about that dollar bill in your pocket...how does that have value? Didnt you learn about what has happened in history when a country prints money? See those pictures of people with wheel barrels full of money that is worthless?

Why cryptos will become big is they will change the way things are done. If you can do it faster and cheaper....it will be adopted. Cryptos and blockchain technology will be huge. Governments and big investors are now at the table.....cryptos aren't going anywhere.

The US dollar is printed at will. Scarcity creates value and that's one bitcoin's advantage over the dollar. Bitcoin is used globally and transfer fees can be much less. Those that are unbanked in poorer countries can use crypto-currencies. De-Fi is huge and banks will be useless.

 

[SmallDaddy]

How do we know that they will settle on Bitcoin as the reserve whatever.

Why not Litecoin , Ripple or Bitcoin 2.0?

 

[3peet]

How do we know that they will settle on Bitcoin as the reserve whatever.

Why not Litecoin , Ripple or Bitcoin 2.0?

Or Etherium or Cardano?

 

[SmallDaddy]

Exactly

 

[SmallDaddy]

I wonder why a company like say Visa, instead of using Ether, wont create their own blockchain?

100 coders, 1 year...Booom.. 300 Billion dollars in shareholder value created....

And then give those coins to shareholders... and then VISA can be traded, if they wish, on the crypto exchanges instead of NYSE (or where ever its traded)

Visa could truly be 'everywhere you want to be'

 

[SmallDaddy]

How do we know that they will settle on Bitcoin as the reserve whatever.

Why not Litecoin , Ripple or Bitcoin 2.0?

To answer my own question...

I would imagine cause the guys that got in early and got fat, wanna stay fat.

Or at least find a greater fool to hold the bag

 

[raiders72]

How do we know that they will settle on Bitcoin as the reserve whatever.

Why not Litecoin , Ripple or Bitcoin 2.0?

Bitcoin is the simplest, has name recognition and is the most secure.

 

[raiders72]

Or Etherium or Cardano?

Ethereum, Cardano, Polkadot and Solana are great coins but they are smart contracts that are built upon or have parachains that are smart contracts. They are also a part of the De-Fi ecosystem.

 

[SmallDaddy]

Mr. Shark Tank (Marc Cuban) got screwed over on a Defi project???

NOOOO.... LOL

I am telling you people, he is one of the biggest dumbasses out there.

He is basically Brock Landers that somehow hit it big one time...

Whatever he touches turns to crap...

 

[raiders72]

Mr. Shark Tank (Marc Cuban) got screwed over on a Defi project???

NOOOO.... LOL

I am telling you people, he is one of the biggest dumbasses out there.

He is basically Brock Landers that somehow hit it big one time...

Whatever he touches turns to crap...

He really did make a stupid move. You have to be careful when trading on a DEX such as Uniswap or Pancakeswap because of rug pulls. The coin that Cuban bought is TITAN and it's only traded at a new DEX Quickswap. A blind man could see that one coming.

 

[SmallDaddy]

I really, truly wanna see Michael Saylor to get liquidated...

A lot of signs point toward another 50% drop and if it goes under 20K and stays there, his board of directors might get antsy
and make him sell ( or remove him and sell). I think that would be the bottom...

The universe generally punishes stupid behavior. Usually swiftly and harshly.
If we stayed like at these levels or maybe higher, there would be way too many idiots that made too much money.
The universe generally doesnt let that happen.
At least never in my case..LOL

 

[SmallDaddy]

 

[SmallDaddy]

People not gonna be happy when they wake up...

 

[slapshot]

Some people never sleep

 

[SmallDaddy]

If tether is for real, we might find out now...

LOL

 

[SmallDaddy]

The universe generally punishes stupid behavior. Usually swiftly and harshly.
If we stayed like at these levels or maybe higher, there would be way too many idiots that made too much money.
The universe generally doesnt let that happen.
At least never in my case..LOL

The universe is undefeated...

 

[SmallDaddy]