Open Side Menu Go to the Top
Register
Virtual Currency - Alt Coin Discussion Thread Virtual Currency - Alt Coin Discussion Thread

05-17-2021 , 11:39 PM
Quote:
Originally Posted by krunic
But the thing is, a major reason why so many of the poors of the world transact with pieces of paper from shoeboxes as opposed to bank accounts and cc/dc is a complete lack of trust in financial institutions and lack of personal finance education. I don't know exactly what % of unbanked people could fairly easily get a bank account if they really wanted one, but I'm sure it's significant. Pieces of paper in a shoebox are easy to understand and trust, and they're willing to get buttraped on fees just to have that reassurance of physical money that they can see and understand.

How are those people going to be convinced to trust a cryptocurrency and the company behind it more than a bank? TEL is going to need to have really good marketing to pull that off.
lol bro they're already integrated into the gcash app in the philippines- recipients of remittances dont need to know anything about telcoins, they just sign up for an electronic wallet and literally swipe their phone to pay for **** at stores. it's a lot more common than you might think.

Quote:
Pieces of paper in a shoebox are easy to understand and trust, and they're willing to get buttraped on fees just to have that reassurance of physical money that they can see and understand.
it's fine if this is your opinion, but i'm gonna note here that you have not and will not present any evidence to support this assertion. as opposed to me saying that i'd personally rather take the convenience and security of not having to leave my house to retrieve stacks of cash, you're sitting here speaking for people in a way that sounds pretty ridiculous tbh.

anyway i was just sorta gauging sentiment/awareness here with my posts, not trying to convince anybody of anything.
Virtual Currency - Alt Coin Discussion Thread Quote
05-17-2021 , 11:59 PM
Quote:
Originally Posted by Hoagie
And here I am getting poorer, invested in good projects with solid tech.
HOGE seems fitting for you
Virtual Currency - Alt Coin Discussion Thread Quote
05-18-2021 , 12:02 AM
Quote:
Originally Posted by Derked
Why don't you like MATIC?
i have a matic bag and i'm all over polygon.

but my general response to anyone asking what coins they should get is:

bitcoin and ether. if you have to ask about a coin, then the answer is no. understand the space, and then you can start diversifying.
Virtual Currency - Alt Coin Discussion Thread Quote
05-18-2021 , 12:19 PM
Quote:
Originally Posted by EddyB66
Sold my $SHIB today, got raped on fees. Cost me $560 to sell. Probably not gonna mess around with any of that stuff anymore.

sorry about the dumb question, but I'm new to this.. who takes the 560 dollars in fees?
Virtual Currency - Alt Coin Discussion Thread Quote
05-18-2021 , 01:43 PM
ethereum miners

if wanna gamble with shib, it's on binance, transaction would've cost you like 10 cents... but dont know if it's on binance.us
Virtual Currency - Alt Coin Discussion Thread Quote
05-18-2021 , 05:14 PM
I'm really digging ALGO. The android app is easy to use, transactions are fast with low fees, pos rewards are shipped out automatically. It's like I could actually use it as a currency.
Virtual Currency - Alt Coin Discussion Thread Quote
05-18-2021 , 05:24 PM
Thoughts on Nano for the short term(between now and end of the year?).
Virtual Currency - Alt Coin Discussion Thread Quote
05-18-2021 , 06:30 PM
Algo is amazing, whenever sending crypto between exchanges I convert them to Algo first, and then in the blink of an eye with penny fees they are transferred .

But due to its inflationary tokenomics I wouldn't expect a big increase in price this cycle
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 02:00 AM
In the US. Looking to buy 500 in Safemoon. Does anybody know how I would go about this?

Tried multiple times to deposit with Bitmart but wasn't working.
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 02:47 AM
Quote:
Originally Posted by cbax9888
In the US. Looking to buy 500 in Safemoon. Does anybody know how I would go about this?

Tried multiple times to deposit with Bitmart but wasn't working.
Nevermind boys we're in. 29 million Safemoon secured. To the moon or to the dumpster.
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 03:55 AM
So, what's your moon exit price on a $0.00000678 safemoon?
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 12:07 PM
Quote:
Originally Posted by Dochrohan
So, what's your moon exit price on a $0.00000678 safemoon?
If it gets to .01 I'll sell half, then sell half every 10x increments. So yes, I'll probably lose 200.
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 01:10 PM
Quote:
Originally Posted by SuperSwag
In LTC at 30 dollars. Got heavy bags of HOT and BTT. Can't wait to see these go to zero or moon over next year. Should probably just sell my LTC before halving right?
Did BTT ever moon for you? I'm curious about this one, I know most aren't.
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 04:20 PM
Hi all, coin noob here. A friend just tried to sell me on what feels like has to be a ponzi in a play involving 'munchcoin'. It makes no sense to me because even if it is legit, they supposedly take a 10% rake on all transactions using their coin, of which 5% is sent to coin holders and the other 5% given to charity (lol). But who in their right mind is going to just be okay with a 10% tax on all their transactions when there are other options without it? Seems kind of absurd, or am I missing something?

Probably not going to invest myself, but my friend is out there pushing this on other friends, and many of them ask me what I think. So if it's got some potential value then fine but if it's essentially a ponzi scam then I think that needs to be explained.

Last edited by dinopoker; 05-19-2021 at 04:25 PM.
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 04:40 PM
Quote:
Originally Posted by dinopoker
Hi all, coin noob here. A friend just tried to sell me on what feels like has to be a ponzi in a play involving 'munchcoin'. It makes no sense to me because even if it is legit, they supposedly take a 10% rake on all transactions using their coin, of which 5% is sent to coin holders and the other 5% given to charity (lol). But who in their right mind is going to just be okay with a 10% tax on all their transactions when there are other options without it? Seems kind of absurd, or am I missing something?

Probably not going to invest myself, but my friend is out there pushing this on other friends, and many of them ask me what I think. So if it's got some potential value then fine but if it's essentially a ponzi scam then I think that needs to be explained.
of course it's a ponzi

edit: doesn't mean it's not gonna run in the next few months, weird times
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 05:49 PM
lol this game

some are panicking, some are ACCUMULATING
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 06:52 PM
Quote:
Originally Posted by +rep_lol
lol this game

some are panicking, some are ACCUMULATING
Very easy to tell using on chain analytics.

Btc addresses <155 days have been selling and older addresses and whales are accumulating. Another nothingburger / typical crypto volatility. Whales whaling each other for sport while weak hands and leverage exits the market.
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 07:21 PM
BUNNY rekt
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 11:34 PM
Quote:
Originally Posted by johnnyBuz
Very easy to tell using on chain analytics.

Btc addresses <155 days have been selling and older addresses and whales are accumulating. Another nothingburger / typical crypto volatility. Whales whaling each other for sport while weak hands and leverage exits the market.
You think older whales, guys who got in at dirt cheap price are still ****ing accumulating at $40k???? Your a ****ing jackass.

Guy buys in.. makes hundreds of millions and thinks, hell, I should buy more.

You just say a statement that has no way to be proven and no way you could even know if its true or not and goes against all common sense.

Jackass.
Virtual Currency - Alt Coin Discussion Thread Quote
05-19-2021 , 11:50 PM
Some people play NLH 5,000-10,000 blinds

You underestimate greed and bored people with unlimited money.
Virtual Currency - Alt Coin Discussion Thread Quote
05-20-2021 , 12:25 AM
I don't think it's a nothingburger; this is certainly one of the most incredible liquidation events in crypto history (if not the most). That said, nothing has really changed fundamentally in the past 24 hours, and the defi networks I use still work the same way. Denominating in USD incites a lot of fear though, and is indicative of this cycle (which I think will be the last one that unanimously denominates as such). It's just so easy to go short USD in defi and anti-fiat sentiments became so aggressive, just as they likely will EOY, that newer entrants were too deep into this echo-chamber. The internet access & electricity you pay for to use these networks still only accept dollars.
Virtual Currency - Alt Coin Discussion Thread Quote
05-20-2021 , 01:21 AM
Quote:
Originally Posted by onemoretimes
You think older whales, guys who got in at dirt cheap price are still ****ing accumulating at $40k???? Your a ****ing jackass.

Guy buys in.. makes hundreds of millions and thinks, hell, I should buy more.

You just say a statement that has no way to be proven and no way you could even know if its true or not and goes against all common sense.

Jackass.
Doubtfully buying more with fiat since don't have fiat but have a bunch of shitcoin to get more btc with. Price is irrelevant just stack more sats.
Virtual Currency - Alt Coin Discussion Thread Quote
05-20-2021 , 01:43 AM
Not everyone who began accumulating 5 months ago has hundreds of millions of dollars... wtf?
Virtual Currency - Alt Coin Discussion Thread Quote
05-20-2021 , 03:24 AM
Quote:
Originally Posted by housenuts
BUNNY rekt
Incredible, I bought some a few hours before the attack
Virtual Currency - Alt Coin Discussion Thread Quote
05-20-2021 , 04:10 AM
Quote:
Originally Posted by onemoretimes
You think older whales, guys who got in at dirt cheap price are still ****ing accumulating at $40k???? Your a ****ing jackass.

Guy buys in.. makes hundreds of millions and thinks, hell, I should buy more.

You just say a statement that has no way to be proven and no way you could even know if its true or not and goes against all common sense.

Jackass.
There are lots of whales who didn't buy in dirt cheap, but bought in quite recently. Everybody didn't make their money from crypto gains.
Virtual Currency - Alt Coin Discussion Thread Quote

      
m