Crypto-trading thread

931,040 Views | 9590 Replies | Last: 11 hrs ago by fauxstradamus
jr15aggie
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Philip J Fry said:

Luna


Carrying my entire crypto portfolio on its friggin back!
Comeby!
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Saw this at a gas station in the north Dallas area two days ago. $10k markup at the time.
mts6175
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Comeby! said:

Saw this at a gas station in the north Dallas area two days ago. $10k markup at the time.

Those are actually all over. Pretty insane.
MRB10
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What are you buying if you do that? Is that BTC at a 10-20% markup?
YouBet
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bmks270 said:

I just feel like most purchasers of crypto purchase it not for utility, but with the hope of reselling it for more in the future. Just feels like a manifestation of the greater fool theory. Goes for a lot of commodities, but their demand is propped up by industrial uses. Stock demand is at least propped up by profit and revenue, with the product or service products having consumer demand due to utility.

That's a big red flag for me on crypto.



I've said it before but the vast, vast majority of the crypto market is the equivalent of dabbling in penny stocks with a sexier facade and probably bigger chance of ROI simply because so many people are playing it right now.
Philip J Fry
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Same here. I wish it was skill on my part and not luck.
TxAG#2011
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CURVE LFG
mrmill3218
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Is BTC about to break out?
Done7
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I assume the target audience for these ATM's are people that dabble in illegal work.
LatinAggie1997
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Disagree.
I think it is for those new to the space and those not tech/app savvy. Many folks hear about BTC and have no clue where or how to buy it. These make it far more simple and accessible for them.

Yes, I mean mostly ethnics and minorities.
YouBet
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NTXAg10 said:

What are you buying if you do that? Is that BTC at a 10-20% markup?
That's what it looks like. Damn stupid for anyone to use that. Goodness.
KT 90
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YouBet said:

NTXAg10 said:

What are you buying if you do that? Is that BTC at a 10-20% markup?
That's what it looks like. Damn stupid for anyone to use that. Goodness.
Isn't this true for most anything you buy at a "convenience" store? But yeah, I'll pay extra for drink or a snack when in a hurry, but I'm not making any investments at a convenience store. Yikes...

Decay
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KT 90 said:

YouBet said:

NTXAg10 said:

What are you buying if you do that? Is that BTC at a 10-20% markup?
That's what it looks like. Damn stupid for anyone to use that. Goodness.
Isn't this true for most anything you buy at a "convenience" store? But yeah, I'll pay extra for drink or a snack when in a hurry, but I'm not making any investments at a convenience store. Yikes...



Maybe you would if it was more convenient!
Comeby!
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LatinAggie1997 said:

Disagree.
I think it is for those new to the space and those not tech/app savvy. Many folks hear about BTC and have no clue where or how to buy it. These make it far more simple and accessible for them.

Yes, I mean mostly ethnics and minorities.


It's at a Mexican gas station (good tacos!) in Little Elm, so yes. But I can see it is a way to buy BTC and allow illicit transactions under the radar. It would be interesting to see if the owner of this reports transactions over the legal amount. This machine does ask for a cell phone, not sure what else it asks for.
TxAG#2011
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Merry christmas CRV owners
AgsMyDude
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TxAG#2011 said:

Merry christmas CRV owners


Oh my
Done7
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I love my CRV. Over 150k miles on it.
TxAG#2011
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Done7 said:

I love my CRV. Over 150k miles on it.


Congrats bro.

In the 100k miles neighborhood at the moment.
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Deluxe
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FAT SEXY said:

What makes any single crypto unique if at any given time another variety can come out that imitates it?

Network
capital markets
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Deluxe said:

FAT SEXY said:

What makes any single crypto unique if at any given time another variety can come out that imitates it?

Network


Exactly. Think Apps, Extent of decentralization/centralization, speed
Deluxe
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FAT SEXY said:

But, another crypto can always be developed with a better network.. Again.. And again.. And again.

If I went out tomorrow and created DeluxeTwitter and programmed it virtually the same as Twitter, why wouldn't it be successful?

Network.
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MRB10
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How is that different than a person identifying a problem, creating a better mousetrap, and creating a company to try and monetize the mousetrap?

Comparing investing in alts to investing in penny stocks has done many times and is valid, imo.
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LatinAggie1997
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FAT SEXY said:

What makes any single crypto unique if at any given time another variety can come out that imitates it?


1. The team
2. Decentralization/governance
3. Token distribution
4. Road map
5. Network
capital markets
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Deluxe said:

FAT SEXY said:

But, another crypto can always be developed with a better network.. Again.. And again.. And again.

If I went out tomorrow and created DeluxeTwitter and programmed it virtually the same as Twitter, why wouldn't it be successful?

Network.


Fantastic analogy. M
capital markets
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Double post
TxAG#2011
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My body is ready Matic
mrmill3218
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Pretty gutted I sold my polygon after buying it at .38.

Got spooked by some dumb SEC report.
YouBet
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mrmill3218 said:

Pretty gutted I sold my polygon after buying it at .38.

Got spooked by some dumb SEC report.
Go buy some PLUG at $29. It will get to to 50 or 60.
Playa00
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Chances QNT breaks out after the first of the year? Lots of talk
jeremy
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Charts look pretty good on QNT for the next few days!
HeresJohnny38
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Long time lurker.

Is anyone in Scope - SCP? It's a new token my friend told me about that just came out two weeks ago.

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