The Crypto coin thread

[Steve Bullman]

1 minute ago, trigger_andy said:

 

 

Because Musk is away to buy Twitter?

 

 

It’s a done deal, confirmed 1 hour ago. A mere 44 billion 

[Steve Bullman]

It’s gone up 25% in the last couple hours and still rising 

[trigger_andy]

It’s a done deal, confirmed 1 hour ago. A mere 44 billion 

Damn!

So Dogecoin will be the currency? 🤣

Interesting times for sure!

I wonder if the founders of Twitter will just start a new version Twatter or something and all the heavy hitters will just move there before taking all the brain dead folk who actually use twitter with them rendering Twitter worthless?

[Gardenscape]

The days of making big money in crypto are long gone. All coins are absolutely plummeting and have been for a few months now. It's probably heading to it's true value. A lot of the coins are just worthless crap and don't really have any real tech behind them especially SHIBA INU and Dogecoin to name a few. Coins like Ethereum however do have a worth as it's blockchain tech. I just see a lot of it as dog shit now. NFTs are the new trend now and that is absolute garbage to me. I struggle to see why anyone would pay millions for digital files apart from money laundering. What has been selling as NFTs really is unbelievable.

[Steve Bullman]

3 hours ago, Gardenscape said:

The days of making big money in crypto are long gone. All coins are absolutely plummeting and have been for a few months now. It's probably heading to it's true value. A lot of the coins are just worthless crap and don't really have any real tech behind them especially SHIBA INU and Dogecoin to name a few. Coins like Ethereum however do have a worth as it's blockchain tech. I just see a lot of it as dog shit now. NFTs are the new trend now and that is absolute garbage to me. I struggle to see why anyone would pay millions for digital files apart from money laundering. What has been selling as NFTs really is unbelievable.

It’s called a bear market and is a perfectly natural cycle, particularly with everything going on in the world. I don’t think for a second the days of earning big money are long gone. You mention doge as being a crap coin, and whilst I agree it’s probably been more stable than a lot of other coins for months now. I don’t think another increase is out of the question

 I agree with you on nft’s though 

[Retired Climber]

Don't rule out NFTs. They do need a bit more of an understanding than simply sticking some spare money on Cryptocurrency generally, but there's money to be made. I struggled with the concept for a while; I knew that what I do was very well suited to the NFT market, but couldn't quite work out how to monetise it. That all changed when I discovered fractional NFTs though. What I do doesn't usually appeal to someone wanting to spend hundreds of thousands (or millions), but does to those who want to send 10's of thousands my way. I don't have a catalogue big enough to make decent money selling an NFT for 10 grand, but I'm making money selling fractions of one for that kind of price. 

[trigger_andy]

Put a cheeky punt on Luna earlier today. Bought 2000 coins for £58. Looked an hour later as I also wanted a few CRO and I crapped myself as I had over £800 in Luna. I thought I’d made a mistake and had to check the bank. 🤣

Nope only £60 came out the account. Did it really jump that much in the space of an hour or so? Can’t buy more even if I wanted to just now either.

[Steve Bullman]

Not sure what’s currently happening. I know most exchanges have stopped selling it, but don’t know of the coin itself is going to die.

 

Not sure we hit the bottom yet but things seems to have been a bit more stable today 

[Steve Bullman]

1 hour ago, trigger_andy said:

Put a cheeky punt on Luna earlier today. Bought 2000 coins for £58. Looked an hour later as I also wanted a few CRO and I crapped myself as I had over £800 in Luna. I thought I’d made a mistake and had to check the bank. 🤣

Nope only £60 came out the account. Did it really jump that much in the space of an hour or so? Can’t buy more even if I wanted to just now either.

Did you ever stake for the card in the end?

[trigger_andy]

15 minutes ago, Steve Bullman said:

Did you ever stake for the card in the end?

No, never bothered. Had to much to pay for lately.  Not sure if the current market means that was a benefit to me or I’ve missed out?