Bitcoin and all that

[Masonic]

On 29/05/2022 at 17:06, Sooperstar said:

Easy game this Crypto investing by the sounds of it. Price used to be higher? Buy. Free money.

 thanks its now $88 get REKT 

[Masonic]

On 29/05/2022 at 17:03, Masonic said:

 

obviously look at the graphs LTC all time high is $380-400 from last year trading at $64 today 

 

up 20% lets goooo

[Sooperstar]

1 hour ago, Masonic said:

 

up 20% lets goooo

Thought you said it had gone to 88 from 64?

Edited January 18, 2023 by Sooperstar

[Famous 1874]

Might start cost averaging into crypto more aggressively again. 
 

BTC, ETH and LINK

[That thing you do]

Ive hit six figures profit since bottom of market. Ill likely sell a fair chunk soon and wait.

 

Watching ENJ like a hawk. If it gets itself over 42c im staying in. Of we fail backtest to 39c im getting out.

 

Fun times

[Tommy Brown]

Just announced that Genisis have filed for bankruptcy protection.

[That thing you do]

On 19/01/2023 at 23:40, Tommy Brown said:

Just announced that Genisis have filed for bankruptcy protection.

FTX contagion

[That thing you do]

Good week this week. Bought into IMGNAI and its up 400% today alone. Took out original stake so its all profit now.

 

Bought SDL (you can lock it for rewards. Ive put mine locked for 6 months for 20% of total coins held return) and FET. FET CEO announcing big news to come in March.

 

Increased gala bag too.

 

Both BTC and ETH charts look good so I think February might be a good month.

 

Crypto is so much fun..

[That thing you do]

Lol what a day

[That thing you do]

If youd bought IMGNAI when I did youd be 1280% up.

 

Theres plenty others im looking at too

 

NFAI

Saddle

Poolz 

 

Saddle and poolz my coins are vested for 14 days for which you get 14% return for providing liquidity and voting rights.

 

Im trying to set up passive income streams off it.

 

If anyones interested, we should have a traders group thread

[Ray Gin]

It'll suddenly drop 98% of its value just as fast

[That thing you do]

23 hours ago, Ray Gin said:

It'll suddenly drop 98% of its value just as fast

Ive sold the value I initially invested so Im using house money only.

 

Even if it does (its up 100% of the image price) go down Im fine. Got my money back + $1000

[Watt-Zeefuik]

So it's the crypto equivalent of penny stocks where the money is now? Except of course there's still no P/E ratio to show a relation to reality?

 

Bitcoin on what looks like a dead cat bounce to me, but who knows . . .

[That thing you do]

13 hours ago, Led Tasso said:

So it's the crypto equivalent of penny stocks where the money is now? Except of course there's still no P/E ratio to show a relation to reality?

 

Bitcoin on what looks like a dead cat bounce to me, but who knows . . .

Its not quite penny stocks. Its new projects with good fundamentals. I work in a group to read white papers, understand the tech and quality of team behind it.

 

The money is made in crypto by finding a new trend early which pumps in the bull mstket. Our bet is AI and utility based NFT will do well.

 

I hsve 1 BTC because btc going up moves the rest so why not. 

 

Some of the guys I do this with have been traders in New York.

 

Regarding dead cat bounce. I dont think so as it broke and closed above the bear market resistance bsnd. BtC works in a cycle. 64 weeks on average before its halving historically the bottom is in. That was 19th January. A number of markets (S&P) broke theirs too and btc rallied.

 

It will go down to test lows again, but if you know what to look for its the best game to get into to make extra income.

 

 

 

 

 

Edited February 4, 2023 by That thing you do

[Watt-Zeefuik]

1 hour ago, That thing you do said:

Its not quite penny stocks. Its new projects with good fundamentals. I work in a group to read white papers, understand the tech and quality of team behind it.

 

The money is made in crypto by finding a new trend early which pumps in the bull mstket. Our bet is AI and utility based NFT will do well.

 

I hsve 1 BTC because btc going up moves the rest so why not. 

 

Some of the guys I do this with have been traders in New York.

 

Regarding dead cat bounce. I dont think so as it broke and closed above the bear market resistance bsnd. BtC works in a cycle. 64 weeks on average before its halving historically the bottom is in. That was 19th January. A number of markets (S&P) broke theirs too and btc rallied.

 

It will go down to test lows again, but if you know what to look for its the best game to get into to make extra income.

 

 

 

 

 

It’s still an equity with little use value at the end of the day though. The value is sustained effectively by inertia and hype. 
 

Which can last somewhat indefinitely but the bloom is off the rose in terms of big new investors. Seems like just waiting for a series of shoes to drop.

[That thing you do]

5 hours ago, Led Tasso said:

It’s still an equity with little use value at the end of the day though. The value is sustained effectively by inertia and hype. 
 

Which can last somewhat indefinitely but the bloom is off the rose in terms of big new investors. Seems like just waiting for a series of shoes to drop.

Depends on the coin. Im looking for value and use case to get in early.

 

Im also not holding them forever, though there are some Ive had for years (ENJ) and the objective is to make money.

 

Which is working out well so far since bear market hit the bottom.

 

 

[Captain Slog]

I'm really not convinced.  This thread went August, then November for a few posts, and now.  I'm really happy for @Lastthing that you do if he made money, but where are all the rest of the posters?

 

I'm sure there will be a pile coming on to say they made their stake, but Im equally sure there is a pile lost their wad.  Hope they just gambled sweetie money.

 

Personally, i look forward to when all money is digital, and there is no black economy, I understand UK wants to be a leader in this.

[Captain Slog]

https://en.wikipedia.org/wiki/Tulip_mania comes to mind, though people mad fortunes if they got out in time.  Old me is reminded of neighboirs that won £50 quid at the bookies and thought they understood gambling, but didn't tell you about the tenner a week they had spent in the six months preceding.

 

I really hope it works, and I'm interested, but just don't see the grab if the currencies don't financially report.

[That thing you do]

Cashed out today. Six Figures hit the bank. Very happy boy. Next step is taxes but even then, Ill be buying a property in Cancun or Merida with it.

 

Proof you can make bank in crypto

[That thing you do]

Cashed out today. Six Figures hit the bank.

 

Binance cash out pretty easy.

 

Very happy boy. Next step is taxes but even then, Ill be buying a property in Cancun or Merida with it.

 

Proof you can make bank in crypto

Edited March 4, 2023 by That thing you do

[Masonic]

5 hours ago, That thing you do said:

Cashed out today. Six Figures hit the bank.

 

Binance cash out pretty easy.

 

Very happy boy. Next step is taxes but even then, Ill be buying a property in Cancun or Merida with it.

 

Proof you can make bank in crypto

 

fair play next time maybe look into Spain Homes ® offers properties in Spain with cryptocurrency payment. We accept Bitcoin and other cryptocurrencies for buying property in Spain.  

 

saves the hassle of cashing out and paying all the costs associated with that.

[escobri]

On 05/02/2023 at 04:48, Captain Slog said:

I'm really not convinced.  This thread went August, then November for a few posts, and now.  I'm really happy for @Lastthing that you do if he made money, but where are all the rest of the posters?

 

I'm sure there will be a pile coming on to say they made their stake, but Im equally sure there is a pile lost their wad.  Hope they just gambled sweetie money.

 

Personally, i look forward to when all money is digital, and there is no black economy, I understand UK wants to be a leader in this.

I bought 250 of crypto through revolut app, was easy to do and was gonna take deposit out when it hit 500, was just about there and then it crashed. I checked before posting and it’s at 218. I’m happy to let it sit and hopefully go back up, I wouldn’t play with any big sums but what’s big to me could be a pittance to others.

[That thing you do]

2 hours ago, Masonic said:

 

fair play next time maybe look into Spain Homes ® offers properties in Spain with cryptocurrency payment. We accept Bitcoin and other cryptocurrencies for buying property in Spain.  

 

saves the hassle of cashing out and paying all the costs associated with that.

Interesting

 

To be honest. Im ok doing this the way I have. Im throwing it all in a 2 year bond. Ill pay my debt to society through tax and the other side is two apartments to rent out via airbnb in the Riviera Maya...

 

At some point ill put 30k back into binance and the degenerate crypto games will begin again.

 

I called Bank of Scotland to check if I need to do anything...No Mr That thing you do, the bank hasnt flagged 120k nothing needed.

 

Braw. Just going to register for paye for cap gains and im away

 

Edited March 4, 2023 by That thing you do

[Ray Gin]

On 02/02/2023 at 16:59, Ray Gin said:

It'll suddenly drop 98% of its value just as fast

 

I wasnt far off, looks like it has plummeted around 75% 

[Watt-Zeefuik]

Silicon Valley Bank, the largest venture capital bank in California and intricately wired into the tech industry, just failed after a accelerating run on deposits this week and has been taken into FDIC receivership.

 

Many tech companies in SV had large amounts of their deposits in SVB, which could dramatically impact payroll and such this week.

 

Guess what sector is heavy into crypto and may be cashing out in large numbers this weekend . . .

[Watt-Zeefuik]

On 03/03/2023 at 23:37, That thing you do said:

Cashed out today. Six Figures hit the bank.

 

Binance cash out pretty easy.

 

Very happy boy. Next step is taxes but even then, Ill be buying a property in Cancun or Merida with it.

 

Proof you can make bank in crypto

 

I don't think anyone has ever questioned whether you can make bank in crypto. Big winners walk out of casinos every day.

[Pap]

PI is sitting around $42 to 1 PI.

 

Got over 3500. Just pending it being added to the mainnet. I'm sure it will go down a bit but its looking pretty decent.

 

One of those Crypto's you let it mine from your phone. Just clicking once a day.

 

I posted it here when i first started on it, that it was promising and posted invites but the post was removed 💁‍♂️

[graygo]

11 minutes ago, Pap said:

PI is sitting around $42 to 1 PI.

 

Got over 3500. Just pending it being added to the mainnet. I'm sure it will go down a bit but its looking pretty decent.

 

One of those Crypto's you let it mine from your phone. Just clicking once a day.

 

I posted it here when i first started on it, that it was promising and posted invites but the post was removed 💁‍♂️

 

I'm not going to pretend that I know what is going on here but a quick Google search returns this...

 

[BlueRiver]

26 minutes ago, graygo said:

 

I'm not going to pretend that I know what is going on here but a quick Google search returns this...

 

 

Yep 

 

https://coinmarketcap.com/currencies/picoin/

 

 

[That thing you do]

Well, the market is in a mess today. USDC depegged DAI depegged and rumour has it 50 crypto companies had assets in the now collapsed Silicon Valley Bank.

 

Regional Banks are collapsing all over the US at the moment and so niether crypto or the bank seems safe at the moment.

 

Im glad I got out last week. Id be 30% lower if it was this week.

 

Now just waiting, but will likely put a good chunk of what I got out into metals and other investments.

 

Im staying out of crypto for the moment until the chaos subsides. If bitcoin goes bak to 16k due to the turmoil im heading right back into crypto. For now though, good to have a mental pit stop from Crypto for a while.

Edited March 11, 2023 by That thing you do

[Pap]

6 hours ago, graygo said:

 

I'm not going to pretend that I know what is going on here but a quick Google search returns this...

 

 

I was surprised as well. I've not got a clue about how it all works. But back then a guy i know was utterly convinced about it. The only reason i done it was the simplicity of pressing a button on my phone once a day. 

[BlueRiver]

3 hours ago, That thing you do said:

Well, the market is in a mess today. USDC depegged DAI depegged and rumour has it 50 crypto companies had assets in the now collapsed Silicon Valley Bank.

 

Regional Banks are collapsing all over the US at the moment and so niether crypto or the bank seems safe at the moment.

 

Im glad I got out last week. Id be 30% lower if it was this week.

 

Now just waiting, but will likely put a good chunk of what I got out into metals and other investments.

 

Im staying out of crypto for the moment until the chaos subsides. If bitcoin goes bak to 16k due to the turmoil im heading right back into crypto. For now though, good to have a mental pit stop from Crypto for a while.

 

Yeah I exited entirely a while back too and I'm glad I did. There's the additional news that NY Attorney General has declared they consider ether a security as well. So we could be seeing more and more crypto companies being dragged into courts like Ripple have been. 

 

Federal figures also pointing out they need to focus on stable coins. 

 

I think on the sidelines with some popcorn is the best place to be right now. 

[Homme]

Pi doesn't have a price let alone $40

 

[graygo]

3 hours ago, Pap said:

 

I was surprised as well. I've not got a clue about how it all works. But back then a guy i know was utterly convinced about it. The only reason i done it was the simplicity of pressing a button on my phone once a day. 

 

But can you explain why you said that 1PI = $42 when a Google search shows that 1PI = $0.011.  That's the bit that is confusing me and it's not just a wee discrepancy.

I remember people pushing this "free" coin and the claims that were made, it all sounded too good to be true and it probably was 

[Homme]

1 minute ago, graygo said:

 

But can you explain why you said that 1PI = $42 when a Google search shows that 1PI = $0.011.  That's the bit that is confusing me and it's not just a wee discrepancy.

I remember people pushing this "free" coin and the claims that were made, it all sounded too good to be true and it probably was 

 

As I mentioned, it doesn't have a price. It's not $40 or $0.11 at the minute as it hasn't been listed. 

 

I mine it free every day, takes less than five seconds but not expecting much from it when it eventually gets listed. I'm sitting on 1780pi at the minute.

 

 

[graygo]

2 minutes ago, Homme said:

 

As I mentioned, it doesn't have a price. It's not $40 or $0.11 at the minute as it hasn't been listed. 

 

I mine it free every day, takes less than five seconds but not expecting much from it when it eventually gets listed. I'm sitting on 1780pi at the minute.

 

 

I get that, was really asking where the figure of $42 came from.

[BlueRiver]

1 minute ago, graygo said:

 

I get that, was really asking where the figure of $42 came from.

 

Some wallets will display your coins with the total asset value besides it. I think there be a little bit of misreading going on. 

 

Often that coin value will be dragged through from a site like CoinMarketCap too. So despite what Homme says about there being no price at the moment as it isn't listed, if there's some data on its price on a major platform, wallets will probably just apply that to the assets you have. 

Edited March 11, 2023 by BlueRiver

[Homme]

2 minutes ago, graygo said:

 

I get that, was really asking where the figure of $42 came from.

 

It was listed on some exchange in Jan for a decent amount per pi but the value came from absolutely nowhere and because you cannot buy and sell through a mainnet it has pretty much taken the form of IOU's at the minute.

 

The developers themselves have come out and said its a lot of nonsense.

 

 

 

[graygo]

2 minutes ago, BlueRiver said:

 

Some wallets will display your coins with the total asset value besides it. I think there be a little bit of misreading going on. 

 

Often that coin value will be dragged through from a site like CoinMarketCap too. So despite what Homme says about there being no price at the moment as it isn't listed, if there's some data on its price on a major platform, wallets will probably just apply that to the assets you have. 

 

Not sure it's as simple as that, look at this image, can't all be right.

 

[BlueRiver]

Just now, Homme said:

 

It was listed on some exchange in Jan for a decent amount per pi but the value came from absolutely nowhere and because you cannot buy and sell through a mainnet it has pretty much taken the form of IOU's at the minute.

 

The developers themselves have come out and said its a lot of nonsense.

 

 

 

 

So am I mistaken and it is genuinely showing at $42 per coin on a platform? 

[graygo]

Just now, Homme said:

 

It was listed on some exchange in Jan for a decent amount per pi but the value came from absolutely nowhere and because you cannot buy and sell through a mainnet it has pretty much taken the form of IOU's at the minute.

 

The developers themselves have come out and said its a lot of nonsense.

 

 

👍 

[BlueRiver]

Just now, graygo said:

 

Not sure it's as simple as that, look at this image, can't all be right.

 

 

Aye think Homme has clarified possibly! 

 

I just assumed there was no danger it could be showing 1 = 42 anywhere because that's wildly out of frame for shitcoins. 

[graygo]

Just now, BlueRiver said:

 

Aye think Homme has clarified possibly! 

 

I just assumed there was no danger it could be showing 1 = 42 anywhere because that's wildly out of frame for shitcoins. 

 

Aye, I'm happy to go with what he said.

[hughesie27]

4 hours ago, Pap said:

 

I was surprised as well. I've not got a clue about how it all works. But back then a guy i know was utterly convinced about it. The only reason i done it was the simplicity of pressing a button on my phone once a day. 

Your total combined 3500 Pi is worth $40 or so. Not each one.

[Ministryofdad]

Binance have had to stop staking and earn in UK. 

I've pulled all my funds out and sitting In limbo until I can move it. 

Im waiting until end of tax year to see what happens. 

[BlueRiver]

1 minute ago, Ministryofdad said:

Binance have had to stop staking and earn in UK. 

I've pulled all my funds out and sitting In limbo until I can move it. 

Im waiting until end of tax year to see what happens. 

 

I got an email from Coinbase today about staking. Assuming this is partly why. 

 

I honestly do not trust Binance at all. 

 

[Sooperstar]

Has anyone heard from Pap since he realised he doesn't have 150 grand worth of 'Pi'? 

[Ray Gin]

3 minutes ago, Sooperstar said:

Has anyone heard from Pap since he realised he doesn't have 150 grand worth of 'Pi'? 

 

[That thing you do]

11 hours ago, Ministryofdad said:

Binance have had to stop staking and earn in UK. 

I've pulled all my funds out and sitting In limbo until I can move it. 

Im waiting until end of tax year to see what happens. 

On tax year, Im told i have to 31/12 to declare for cap gains, which is a bonus!

[IronJambo]

22 hours ago, Homme said:

 

As I mentioned, it doesn't have a price. It's not $40 or $0.11 at the minute as it hasn't been listed. 

 

I mine it free every day, takes less than five seconds but not expecting much from it when it eventually gets listed. I'm sitting on 1780pi at the minute.

 

 

What do you mean it doesn't have a price as it hasn't been listed? Where do you think it has to be listed to have a value?

 

Your Picoin is currently valued at $0.007 according to coinmarketcap. You'll find slight variances depending on the pairing. I'd assume you can swap it on the likes of uniswap or pancake swap or something or other. It certainly has a price.