Labeled as discuss in General Domain Discussion, started by Silentptnr, Nov 28, 2017
Does that make them a smart feller or a fart smeller?
Domains ✅ Crypto ✅
u gotta be naive to think it made worldwide more people richer than poorer
even binance asks u to check box when u trade there.. that says something like..only 20% traders make money..
anyway dont be lazy google shit
half decent..obviously there are tons of better crypto names.
Hey guys, if you think ETH's price at $3.5k is crazy... take a look at ETC...
I saw some days ago, on the news that ETC was pumping. I had been in ETC before, but it took like weeks before I could be out from my buy... so I gave up on it...
Plus it had gone through 51% attacks, and those usually kill a coin.
So I completely kinda left ETC for dead thinking it was going to be some stagnant coin staying at $3 - $15 that only a small subculture would be diehard fans of.
But yeah when the news showed up in Google, I quickly saw that on Coinbase, the price of ETC was like $124 while the price of ETC on Bittrex and Stex was $93. From previous experience with ETC, I knew that if CB pumped, that was the legit price! But this time, I understood that there was a lag between buying on other exchanges and sending to bittrex.
I mean there was a catch on why there was a huge difference in price :P it's because people can't arbitrage... the last time I was in ETC, i didn't know that, and quickly sent my coins to Rex to buy ETC... only to wait like 1 week to sell... and yeah the price fell during that time... but i still got out when ETC pumped back then. But it also crashed back then XD.
So yeah after I saw the news, I bought LTC on CB and sent my stash to Bittrex and bought up ETC and then sent the ETC to CB.... this time the wait time was only 36 hours.
about 36 hours later, I was able to sell... and yes I didn't sleep on that day, I waited for the confirmations lol. At that time the price was at $139.7! I made more than 30%!
I was rly happi XD
Then today made some trades, bought at $115.5, $112.01, $111.047 and sold at $118.18 an hour later.
Then bought at $115.648 and sold at $117.436.
Now just a few minutes ago I bought at $114.33 and sold at $118.311 and $118.253... I missed the $119.5 for that one but oh well
Gonna try to get back in... not sure if it will fall again, but probably will fall to 114 at least. As you can see from price chart, it was $170 a couple of times. So I believe in ppl in Reddit who say $200 is not far-fetched.
Definitely a great hodl. I believe that as ETH pumps, ETC will follow...
I know this because someone in the ETC sub posted that all ETH miners get ETC? Or something like that. So the two chains are always going to be inherently twins.
I forget exactly what they said... soemthing about how They have to mine ETC if they mine ETH... or they're somehow rewarded with ETC... i don't know.
But my theory is that BTC and LTC are tied, in that when BTC pumps, LTC is the silver to BTC.
With ETH and ETC... the correlation is a lot weaker... like if ETH pumps, ETC might pump by $0.01... But when ETH went crazy and went to $3.5k, it was significant enough to pump ETC... and I believe that now that ETC is being hyped, ETC itself will self-propel.
I'm not trying to hype ETC btw. I'm just bringing awareness. My trades are done, I'm actually trying to buy back in. Don't have ETC at the time of writing this. But will try hard to get back in.
Elon Musk from crypto hero to crypto zero.
He should have never been involved in this shit to start with. The guy is a genius, but only after investing in Bitcoin and accepting bitcoin as payment did he find out (or care) about the environmental issues. That does not pass the smell test.
Now he is implying Tesla is selling their bitcoin holdings.
The back to back 1-2 sent it much lower.
Now news comes out that he has been working with Doge since 2019. He has certainly helped the rise of shitcoin.
He better not have made insider money off his pump and dump. I bet the SEC is going to love to talk to him about it.
I think this guy on Twitter said it well -
For something decentralized Bitcoin sure gets jerked around by one dude a lot
Reclusive Dogecoin Co-Creator Surfaces To Call Elon Musk "Self-Absorbed Grifter"
Doge has 28% of all coins in 1 wallet. Top 5 have 40%. Top 100 have 65%.
That is really what you want in a currency.
And there is no supply cap.
Doge is a joke for a reason. Elon Musk is just trying to stroke his ego by being the biggest influencer for such a garbage asset.
You can already see many of his previous fanboys pissed over what he has done.
I don't know why people first invited him to join BTC, All bitcoiners are literally abusing him on twitter today , I am sure Tesla already sold all btc holdings.
I am sure crypto domains will be slow from now on for some time if it survived.
Elon Musk and Bitcoiners engage in all-out war
I don't think that went the way Elon was hoping, losing his cult hero status.
Someone already created a FuckElon (FELON) coin.
Surely this shitcoin could rival Doge.
No they are keeping their bitcoins.
This is all because the gas fees of BTC and the use of fossil fules to create the energy needed to run the crypto miners,
Doge coin is the one to invest in right now if you want to triple it every other month due to Elons tweets, might feel unethical but it's business, and it's not like you're harming anyone, it's literally just easy money if you take the risk that is. Think of it as a gamble if it makes you feel better, but it's closer to an investment.
"This is not investment advice."
Could someone as smart as Musk be so stupid to not realize the energy demands required after Bitcoin has been around for a decade? Meh, let's throw $1.5B at something we don't understand. That is what you want in a CEO.
It will be interesting to see what happens to Tesla stock. It is down more than $250B in market cap since they bought Bitcoin.
There have been a lot of cult of personality investors in the same groups that have kept the company valuations past any reasonable valuations. Now he has pissed them all off.
Nothing has fundamentally changed since Doge was a joke worth a fraction of a penny. All that has changed is Musk is pumping it. It is still a joke at 50 cents.
It might keep going up short term, but it is still a joke with 65% of the coins in the hands of 100 wallets. Good luck with it, just don't be the last person holding the bag.
Elon Musk has lost a lot of his luster after recent actions.
The easy money will soon no longer flow into Tesla, namely by selling emission rights to other (dirty) car manufacturers. The proceeds from these rights represent a significant portion of Tesla's company profits.
Let's hope Elon's investment in Bitcoins, NFTs, Dogecoins and other non-core investments can save the company at that point. Exciting!
They need too look at other investments, since they can't turn a profit actually selling cars.
I agree it's a joke but how do you think comedians make money? lol
Most alt coins probably wont go very far but you can still make some decent money off them.
Also, pump n dump is honestly part of the crypto game, be with btc or doge, it's just another way to make money.
If you look at it though, at the beginning of April, doge was sitting at around 5-6 cents, then Elon made a tweet and by time 4/20 hit, doge hit around 42 cents then went back down and stayed at around 25 cents, then he triples it to 72 cents and now it sits at about 50 cents.
So from what I see any time he does tweet, he's going to at least double to triple the value and then after it will still rest at a very high flux. So weather you're holding doge or fallowing the pump n dump trends, until that man says to sell out it's probably going to continue to rise.
Plus, there are like 1k coins being made every minutes with Doge, so the 65% of it being in other peoples wallets it declining, but still I agree that is messed up. They did say it was all a meme anyway so no fault on them. Elon could have picked a better coin to do this with, but all in all he does kinda help other make money too, if you're willing to risk it.
The higher a price goes the more new money it takes to sustain it, especially something that keeps expanding in supply.
Moving something that has a $1b market cap is a lot easier than $75b.
Good luck with your joke currency. Just don't be the punchline.
Yea no shit, they're percentage of "share" is still declining regardless.
Nice punchline attempt lol
Doge isn’t sustainable. The supply is too great to reasonably go higher. It’s overpriced as is.
Same goes for the other copycat coins. Infinite supply is no good. Doge and others are why I bought badcoin.com. It should be developed into a warning site for these pump and dumps.
Doge started out as a meme and still is, just much more inflated. As for Elon Musk, he pretty much threw his credibility out the window.
Crypto trading platforms are either down or loading like turdles... am I the only one?
Binance, coingecko etc
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