Springfield Posted May 13, 2021 Share Posted May 13, 2021 6 minutes ago, DCSaints_fan said: Dogecoin is proof-of-work based and relies on mining, therefore it does use significant compute power. However since the block time is 1 minute compared to Bitcoins 10 it stands to reason it uses 1/10th the power of Bitcoin Really I was joking cause doge is a joke but thanks for the actual answer and it stands to reason that Musk might wanna transition to doge coin. Link to comment Share on other sites More sharing options...
tshile Posted May 13, 2021 Share Posted May 13, 2021 1 hour ago, Hersh said: I took profits on everything that was still up and now sitting mostly cash with two small holdings in Stellar and ETC. good moves I think long term better than small holdings make sense but that’s quibbling and that’s dumb in the face of otherwise great moves. Kudos Link to comment Share on other sites More sharing options...
tshile Posted May 13, 2021 Share Posted May 13, 2021 (edited) 1 hour ago, bearrock said: Reading that full post, looks like Musk is gonna create his own crytocurrency that has to be mined using green certified method (i.e. - controlled and approved by Tesla, probably using their solar). yeah whatever. proof of stake is the answer to proof of work, eth is already set to make the cutover and its part of why it was pumping Buy the rumor sell the news. im not saying things won’t tank further but while watching a very volition market in play I’ve adjusted to being a contrarian to big swings. It usually works out well. im holding onto my hat cause it’s gonna be bumpy but I think this tweet is much to do about nothing. Musk started with doge coin. It’s a joke of a play on a joke of a coin. so he can talk about a green coin all he wants. But that problem is already solved and in the works. I do enjoy the crypto nerds raging against the fiat USD because of the fed control element, raving about their precious proof of work Bitcoin, seamlessly transitioning into supporting a proof of stake concept (because these people are empty environmentalist much like they’re empty economists) which is basically the ****ing opposite of proof of work and puts the control in whatever hands it takes to own a certain % of the market i kind of wish the fed would troll the crypto nerds by waiting for eth to switch over to proof of stake, then just buy 51% of the market and say “hey we control etherium now” Twitter would melt down Edited May 13, 2021 by tshile 2 Link to comment Share on other sites More sharing options...
tshile Posted May 13, 2021 Share Posted May 13, 2021 (edited) Quote ⬇ ETH/USDT – Psychological Bear Level Broken – 3,500 – 00:03:17 UTC – BINANCE *sigh* hey, uh, buying opportunity everyone 🤪 Edited May 13, 2021 by tshile Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted May 13, 2021 Share Posted May 13, 2021 Again...QuesoCoin. Buy the dip! Link to comment Share on other sites More sharing options...
tshile Posted May 13, 2021 Share Posted May 13, 2021 I also think you could probably make a butcoin and get rich on typos alone 1 Link to comment Share on other sites More sharing options...
mammajamma Posted May 13, 2021 Share Posted May 13, 2021 30 minutes ago, tshile said: proof of stake is the answer to proof of work, eth is already set to make the cutover and its part of why it was pumping what are your thoughts on something like xrp? Link to comment Share on other sites More sharing options...
Hersh Posted May 13, 2021 Share Posted May 13, 2021 43 minutes ago, tshile said: *sigh* hey, uh, buying opportunity everyone 🤪 It bounced big time after that. 17 minutes ago, mammajamma said: what are your thoughts on something like xrp? Are any sites in the US permitting the trading of it these days? It's under investigation by the SEC now. This could go in the Tesla thread too. Link to comment Share on other sites More sharing options...
tshile Posted May 13, 2021 Share Posted May 13, 2021 19 minutes ago, mammajamma said: what are your thoughts on something like xrp? No **** I loved xrp in 2017 but knew nothing about anything and was talked into ltc which promptly lost 50% and I got mad and am just back into everything like 3 weeks ago (don’t take my advice on anything) my current understanding is they’re still under sec investigation but last week there were some interesting moves in the sec that signals the sec is about to drop their case, and the xrp people make a solid case asking why they’re the only ones being held to this scrutiny, and so there’s a theory it’s about to get dropped? Yet currently most exachanges have blocked the transfers to/from xrp citing the ongoing sec investigation? am I correct? Missing something? 6 minutes ago, Hersh said: It bounced big time after that. BUY THE DIPS 10K HERE WE GO 1 1 Link to comment Share on other sites More sharing options...
mammajamma Posted May 13, 2021 Share Posted May 13, 2021 18 minutes ago, tshile said: No **** I loved xrp in 2017 but knew nothing about anything and was talked into ltc which promptly lost 50% and I got mad and am just back into everything like 3 weeks ago (don’t take my advice on anything) my current understanding is they’re still under sec investigation but last week there were some interesting moves in the sec that signals the sec is about to drop their case, and the xrp people make a solid case asking why they’re the only ones being held to this scrutiny, and so there’s a theory it’s about to get dropped? Yet currently most exachanges have blocked the transfers to/from xrp citing the ongoing sec investigation? appreciate the info. it makes the most sense to me (especially after today since there's no mining, etc). guess i should pounce as soon as its up on exchanges again Link to comment Share on other sites More sharing options...
tshile Posted May 13, 2021 Share Posted May 13, 2021 1 hour ago, Hersh said: It bounced big time after that. Are you following the gas fees? they’re super high right now. Any chance those dropping would cause large swings? Link to comment Share on other sites More sharing options...
tshile Posted May 13, 2021 Share Posted May 13, 2021 The maker dip looks super super tempting .... Link to comment Share on other sites More sharing options...
DCSaints_fan Posted May 13, 2021 Share Posted May 13, 2021 1 hour ago, Hersh said: It bounced big time after that. Are any sites in the US permitting the trading of it these days? It's under investigation by the SEC now. Should be available on Coinbase. I think those guys under investigation will get off with a fine. 1 Link to comment Share on other sites More sharing options...
Renegade7 Posted May 13, 2021 Share Posted May 13, 2021 Wife is getting into cryptocurrency, keep watching her look when to buy and sell like a cat ready to pounce, its cute. 1 Link to comment Share on other sites More sharing options...
Hersh Posted May 13, 2021 Share Posted May 13, 2021 6 hours ago, DCSaints_fan said: Should be available on Coinbase. I think those guys under investigation will get off with a fine. One is currently not permitted to buy or sell on ripple on Coinbase. Only hold whatever you have. 1 Link to comment Share on other sites More sharing options...
tshile Posted May 13, 2021 Share Posted May 13, 2021 Yeah obviously someone allows trading of it but idk who that is. Every exchange I currently have an account with blocks it. Link to comment Share on other sites More sharing options...
Corcaigh Posted May 14, 2021 Share Posted May 14, 2021 (edited) Elon pumping DOGE again. Up > 25% since his tweet. Edited May 14, 2021 by Corcaigh Link to comment Share on other sites More sharing options...
bearrock Posted May 14, 2021 Share Posted May 14, 2021 Lol. If crypto were stocks, Musk would probably be in hot water for market manipulation. 3 Link to comment Share on other sites More sharing options...
Hersh Posted May 14, 2021 Share Posted May 14, 2021 Always a nice surprise to see the market way up in the morning. I had bought in ETC, ETH, XML and Polygon (MATIC) over the last 24-36 hours Link to comment Share on other sites More sharing options...
Hersh Posted May 14, 2021 Share Posted May 14, 2021 Just took my ETC, MATIC XML (Stellar) gains. ETH to $20K LOL Let things come back down and get back in. Link to comment Share on other sites More sharing options...
Hersh Posted May 16, 2021 Share Posted May 16, 2021 Panic selling in the Crypto world. I love it. I'm just waiting for sign of a bounce before I buy. 1 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted May 16, 2021 Share Posted May 16, 2021 Here ya go, potheads. Link to comment Share on other sites More sharing options...
The Evil Genius Posted May 16, 2021 Share Posted May 16, 2021 Dumb question but these original buyers of things like Dogecoin that iwn multi multi multi millions of it...can they not sell it? I guess I don't understand why the big ones haven't cashed out and tanked it... Link to comment Share on other sites More sharing options...
DCSaints_fan Posted May 17, 2021 Share Posted May 17, 2021 1 hour ago, The Evil Genius said: Dumb question but these original buyers of things like Dogecoin that iwn multi multi multi millions of it...can they not sell it? I guess I don't understand why the big ones haven't cashed out and tanked it... You have to find someone who will buy it ... for larger amounts its harder - just like stock. 1 Link to comment Share on other sites More sharing options...
Hersh Posted May 17, 2021 Share Posted May 17, 2021 4 hours ago, The Evil Genius said: Dumb question but these original buyers of things like Dogecoin that iwn multi multi multi millions of it...can they not sell it? I guess I don't understand why the big ones haven't cashed out and tanked it... They are cashing out. There is massive volume being traded all the time 1 Link to comment Share on other sites More sharing options...
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