Crypto-trading thread

932,980 Views | 9608 Replies | Last: 36 min ago by MR Gadsden
Chrundle the Great
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AG
That's it. I'm starting the texagscoin. Thanks to my revolutionary tokenalgorithm, every hodler is guaranteed to get lambo rich and also safely. Here's how it works: I'm making 50 decillion (<had to google it) tokens, 25 of which belong to me for free because I'll keep it safe. Buying tokens has a 5% fee that goes straight to building a fleet of gold trans ams for jimbo. Selling tokens has a 30% fee with 20% going to buying out coaches mid season (we'll have a vote on when to pull the trigger; that's right texagscoin is democratic too. Safe.), 5% goes to a new bevelless logo, 3% for maroon gatorade coolers, and 2% gives every texagscoin hodler a free varsity membership.

TLDR: tokenalgorithm, safe, rich, success.

Who's joining my dev team and changing the world with me?
Jerkin_my_durkin
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You had me at bevelless
Deluxe
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AG
So long as Luicci's mug is engraved into it
Chrundle the Great
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AG
Personally fond of ringy, but we can vote on this too.
HalifaxAg
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AG
Is there a sister coin named klux?
Decay
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Hendrix
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AG
I would follow you into the mists of Avalon if that's what you mean.
Chrundle the Great
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AG
aggiengeorgia10 said:

Why do people get so triggered by the word tokenomics? DOT, ALGO and EOS have referenced their own " tokenomics " and yes they used that word

Edit to add VET has also

Edit again to add you can find tokenomics referenced in crypto articles atleast back to 2018.

I guess my issue isn't the word tokenomics as much as the trend of using it to hand wave a hyper deflationary approach that punishes using the coin.

Here's the 2018 reference from coin desk:
https://www.coindesk.com/three-definitions-tokenomics

Where it describes tokenomics as such:
Quote:

For now, we provide the three definitions of tokenomics as (1) a means of self-funding within the crypto economy, (2) the deployment of a token within the ecosystem of an ICO project and (3) the set of all economic activity generated through the creation of tokens.

Doesn't mention anything about redistribution or punishing sellers, but rereading clucoin's site they are saying doing those things is their method of tokenomics model.
XXXVII
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Is May usually a big sell-off period for crypto similar to the sell-off of stocks in May?
XXXVII
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BTC down to $41k and bringing down alt coins with it.
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wareagle044
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Chrundle the Great said:

That's it. I'm starting the texagscoin. Thanks to my revolutionary tokenalgorithm, every hodler is guaranteed to get lambo rich and also safely. Here's how it works: I'm making 50 decillion (<had to google it) tokens, 25 of which belong to me for free because I'll keep it safe. Buying tokens has a 5% fee that goes straight to building a fleet of gold trans ams for jimbo. Selling tokens has a 30% fee with 20% going to buying out coaches mid season (we'll have a vote on when to pull the trigger; that's right texagscoin is democratic too. Safe.), 5% goes to a new bevelless logo, 3% for maroon gatorade coolers, and 2% gives every texagscoin hodler a free varsity membership.

TLDR: tokenalgorithm, safe, rich, success.

Who's joining my dev team and changing the world with me?


Make it an HRC20 coin on Harmony network - should be the cheapest way
Slyfox07
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AG
I'm an ETH holder, and this week has been a daily kick in the nutsack
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Pookers
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AG
What's going on? Does this happen every once in a while?
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SidetrackAg
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AG
slyfox07 said:

I'm an ETH holder, and this week has been a daily kick in the nutsack


Meh, don't sweat it. It will be back.
SidetrackAg
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AG
Pookers said:

What's going on? Does this happen every once in a while?


Yes. The crypto explosion is relatively new, so a lot of people have the jitters, and want to sell at the first sign of a dip.
MaxPower
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Just tell me when it's a good time to average down.
TxAG#2011
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Bought AMP, CRV, BAL
Spotted Ag
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AG
Bought more ADA at 1.86 then watched it go to 1.80, lol. Oh well
Covidians, Communists, CNN, FOX, and all other MSM are enemies of the state and should be treated as such.
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Pookers
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AG
Spotted Ag said:

Bought more ADA at 1.86 then watched it go to 1.80, lol. Oh well
irish pete ag06
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AG
Man... I'm just a buy and hold guy on crypto, but Ripsters EMA clouds on the hourly could really have had you flip ADA for some good coin over these last couple weeks.

Spotted Ag
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AG
Pookers said:

Spotted Ag said:

Bought more ADA at 1.86 then watched it go to 1.80, lol. Oh well



Meh, even after tonight my MATIC has easily offset my ADA losses. Glass half full I guess. It's not about now anyway.
Covidians, Communists, CNN, FOX, and all other MSM are enemies of the state and should be treated as such.
irish pete ag06
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AG
May try to trade these things a little more often using some technical analysis.
YouBet
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AG
I've maxed my investment budget this month. Kind of a bummer.
Pookers
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AG
This bleeding is getting sketchy. Anybody have any idea how long this is expected to continue?
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LatinAggie1997
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AG
There's blood in the streets, There's blood in the streets....buy the fear folks.

Institutions, banks, corporations, and the wealthy are buying lots in small increments. Banks and institutions especially as they want to start selling crypto (mainly BTC) to their customers directly and as stock.
As someone else pointed out, they are shaking off weak hands, getting rid of the fearful which creates buying opportunities for them.
I am not shaken or worried as I am playing the longer game.
Consolidation/Accumulation is happening right now.

Good read below. If Harmony ONE was a tad older I believe it might have e made this list.

https://investorplace.com/2021/05/7-altcoins-that-should-live-long-after-the-crypto-bubble-bursts/
AgPrognosticator
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AG
I almost feel guilty that I made a pile of money on MATIC and then went solely into cash.

Watching. Waiting.
LatinAggie1997
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AG
We already know China is working on their own central digital currency and doesn't want competition or people making their own decisions.
This furthers my belief of what is going on behind closed doors.

"Bitcoin falls sharply after China signals crypto crackdown" https://amp-ft-com.cdn.ampproject.org/v/s/amp.ft.com/content/c4c29bb3-c8ee-454c-a2dd-eac9f644007f?amp_gsa=1&_js_v=a6&usqp=mq331AQFKAGwASA%3D#amp_tf=From%20%251%24s&aoh=16214230465470&csi=1&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fwww.ft.com%2Fcontent%2Fc4c29bb3-c8ee-454c-a2dd-eac9f644007f
RP
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AG
The link didn't work for me latinaggie.

I'm new to all this and have been watching my investment go the wrong way. I was planning to hold longer term but now I'm having doubts.

If China bans crypto how does that impact the value of Bitcoin? Would it go up or down?
bearamedic99
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AG
Here's a link I found

https://finance.yahoo.com/news/explainer-beijings-crackdown-means-crypto-073615565.html
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