/mlpol/ - My Little Politics

>>301028
What Cryptos have their wealth backed by something?
If they can't be inflated by jews that's a plus but are any guaranteed to mean something no matter how people view them in ten years?

>>301028
>So any gems you lads know of you'd be willing to shill to a fellow horsefucker?
Doge is a meme, and bully anyone who suggests it. I heard that Litecoin is worth considering. However, overall, here's a good summary on the cryptocurrencies worth considering:
Bitcoin
>Bitcoin was the first, but it's got serious technical problems that can't be fixed. At the same time, it's "too big to fail", if faith in bitcoin falls, all the rest of the cryptos will too, regardless of technical improvements.

Monero
>One of the technical problems with bitcoin is that bitcoins are not fungible, that is, a bitcoin can be tracked. You could, for example, have a list of "stolen/illegitamite" bitcoins, and force honest merchants not to accept these bitcoins. Monero fixes this problem by making it impossible to track which coins are sent to whom in a block, this makes it impossible to maintain any sort of list, all Monero is created equal. Technically, you could do the same kind of thing with the bank note number of USD, but of course nobody does 'cuz that would be real inconvenient. Some people suggest that with cryptocurrencies it would be more convenient and so we make our crypto fungible.

Dash
>Another of the technical problems with bitcoin is that it was structured so that a new block is mined about every 10 minutes, this means, on average, it'll take 10 minutes for a transaction to "go through". But wait, there's more! You don't just want to see your transaction go though, you want to wait for 2 or 3 blocks to be built on top of it so you're fairly confident no one else is working on a different but still legitimate version of the block chain. Imagine going to the grocery and trying to pay with Bitcoin, it will take you 30 to 40 minutes to check out. I'll also nitpick this Anon's post, the "fee" associated with crypto transactions dosen't go to a bank, it's a bounty you put out to encourage miners to put your transaction in the next block. Dash "fixes" this problem by making the time to mine a new block about 15 seconds. There's really no technical achievement here, it's just a faster, less popular bitcoin.

Etherium
>"Bro, what if we put programs "Smart contracts" on the blockchain, and then paid other people to run the programs with crypto, attached to the program?". Kinda a neat idea, but until someone really finds a good use for it, it's a novelty. I'll also mention that Etherium is supposed to be switching to a Proof of Stake system, we'll see how popular the fork is though.

Proof of Stake
>A way to build a blockchain, not a cryptocurrency onto itself. instead of guessing numbers to build the next block and get rewarded with the fees + a set amount of the coin, a miner validator is chosen randomly(ish) to create the next block, there are no fees involved and instead the validator and everyone who checks their work receives a flat commission for creating the bock or attesting to it's correctness.. Being offline when you're asked to create a block or disagreeing with other people validating the correctness of a block looses you crypto.

>My personal favorite at the moment is Stellar
>Cryptocurrency tied to other assets, these could be other cryptocurrencies like Bitcoin, non-crypto currencies like USD or Pesos, physical commodities like Gold or Silver, or any other asset. It's totally not a cryptocurrency though, it breaks the "trustless" rule that all other cryptos have, instead you trust a set of asset brokers that you can buy or sell derivatives from, think of it more as a decentralized group of stock brokers than a cryptocurrency.

Would anons consider khan academy be a good resource as a crash course in finance and day trading? Would the knowledge translate well enough to crypto? What kind of knowledge does one need to know what they're doing generally?

>>301035
>Stellar
How is this related to Ripple and XRP? I see that name come up lurking in /xsg/ occasionally.

What's the best way for a bongistanian to pick up some bitcoin? Only looking to invest a hundred or so pound. Would rather not give my passport to random crypto sellers.

>>301074
/xsg/ recommends xumm or trustwallet for hot storage. Not certain if those would meet said specifications.

>>301028
Sorry to pour gelid water in this thread OP, but this has to be the bread number 50 surveying the horsefuckers.
It begun with the assumption of virgin incels in the mom's basement, later the commies correct themselves and approach with the tech-nerd hacking stuff, now it is about to measure how wealthy we are.
Please be a bit more original next time.

>>301028
We already have 3 crypto threads in /cyb/ newfag.
>>>/cyb/88 →
>>>/cyb/1136 →
>>>/cyb/910 →

>>301096
Don't want to be that guy, but two of those threads have one reply and on average they were made two years ago. Not really certain if "just ask /cyb/" is gonna cut it for now. That and there's a few threads active on /mlpol/ that could easily be placed in /ub/ as well, so that's why I didn't more than blink when this one was created.
I've been meaning to make a QTDDTOT thread on /cyb/ lately though. Hopefully I'll get around to it and it becomes a bit more active.

>>301033
They're backed by company investments, endorsements, etc. Get on the train while you can. Also, ONLY INVEST IN COINS THAT HAVE UTILIY: BNB, ETH, CAKE, ATOM, XMR, defi tokens in general. You can make a killing off of erc20 tokens.
>>301096
>we already have 3 crypto threads in /cyb/ newfag
>on dead as hell boards
Do the math, Anon. This board is slow, it shouldn't bother you.

>>301089
You can judge a fandom's wealth buy the amout and quality of the art that comes from it. The more art and the higher quality, the more wealthy the fandom. Look at furfags, lot of them pull 6 figure salaries, and they have an unending stream of "art" that costs hundreds of dollars a piece.

>>301422
Come back when you're here to talk crypto

>>301073
There is a section on CMC that will help you learn about crypto.
https://coinmarketcap.com/alexandria/

>>301073
>How is this related to Ripple and XRP?
ISO 10022

ATOM, XML, and XMR are still low. LINK blew up a few weeks ago for some reason, but it's still low based on QUANT's performance.
LINK is the only smart contract crypto currently backed by the World Economic Forum.

>>301454
>XMR
XRP not XMR

>>301420
>Look at furfags, lot of them pull 6 figure salaries, and they have an unending stream of "art" that costs hundreds of dollars a piece.
And here I am struggling to find the cash to commission a plushie of my waifu. That being said, only the best will do.

>>301444
Checked and thanks.

>>301454
>ISO 10022
I assume this will be instantiated by the Flare Network? Would you say that any of those have a definitive chance of mooning or are they more likely to have a stable gain in value? Any chance of a crash?

And since we're on the topic of general advice for intoing crypto, at the risk of being told "lurk moar, newfaggot," what kind of rate of gains can one expect from investment generally, if one is competent at this sort of thing? Of course mooning isn't something I'd like to avoid, but nor would I be looking just to gamble.

>>301454
>XML
Sorry, Stellar Lumens is a shitty little project that already has a too high market cap. It'll be competing with Tether to be the next stable coin, and that's if XLM gets a miraculous moonshot.
>ATOM
Great choice. Cosmos will be at the center of all things by bridging every blockchain together, essentially being the powerhouse of it all. A basic yet effective tokenomics as well (10% APY).
>XMR
Very patrician choice here too. Great for hiding your gains from the IRS; I2P and Tor networks are already throwing out Bitcoin in favor of mass adopting Monero. The Black Market has a rumored value in the trillions. Very bullish that the DHS put out over half a million to whoever cracks their system.

>>301506
Haven't followed XRP because it's a literal shitcoin that always ends up crabbing around 30-50 cents. Where are the tokenomics? If it's just a "store of value" like gold, we already have a store of value, it's called Bitcoin. LOOK FOR COINS OR TOKENS WITH TOKENOMICS, i.e. passive ways to make income, privacy coins (only Monero and Tornado Cash actually achieve thie), things that actually utilize that coin/token. The market crashing on Biblical levels in my opinion is very slim. Why? We have a new floor: retailers, companies, governments, celebrities, normalfags, they are all investing in crypto right now as we speak. We HAVE a new floor, from a psychological standpoint, just consider everything crashing again. People are going to buy the dip if they just take a second to analyze Bitcoin's price chart over the years and realize the potential. Why? BECAUSE IT ALWAYS REBOUNDS. They aren't going to squander a cheap entry. I'll tell you why we get price crashes in the first place. There are faggots called whales that sell a lot of their coins at a noticeable increment, all in hopes of crashing the coins by a few percent all in the hopes of encouraging panic selling. They sell high, and buy low after the paper hands sell. And they understand the true potential of crypto to know that accumulating as much of it will secure them a position among the elite. (Most of these crashes are actually coordinated because no one whale has nearly enough of the supply to cause a big red ticker to scare paperhanded faggots)
Now, about the gains. Your bluechips are probably your safest bet. Chances are if that crypto is on a centralized exchange (cex for short) then it's a bluechip (a safe crypto that will rise in price indefinitely). However, I need to point out that these bluechips are LONG TERM HOLDS, you don't hold them overnight and expect them to go from 1 bil marketcap to 500b.
NOW, the real moonshots come from small marketcap coins with little total supply. However, these are absolutely the biggest gambles you can make in the realm of crypto. What you want to look for is something with tokenomics as mentioned above. Yield farming, liquidity pools, staking, privacy, borrowing, lending. Remember, coins and tokens going off the selling point as to being a store of value is something you want to avoid. Unless that token/coin is being accepted by vendors, retailers, etc... Monero is probably the most fungible in terms of this. Anyways, you need to know something about these early moonshots. Most of them are on the erc20 platform which built on top of the Ethereum network. But the catch is ANYONE can create their own coin which means there's tons of pajeet/chink scams going around. Another thing is the high gas fees, and since you're a newfaggot when it comes to these things it's probably best to stay away from erc20 until that skeleton faggot vitalik fixes his network. Just think, sending any stack of and erc20 token (uniswap, ethereum, sushiswap) is an easy 10 USD per transaction for the busiest hours. Want to swap 50 USD worth of coins for a different coin? You can be looking at a 100 USD gas fee. The mining cartels are absolutely making profit from this and I refuse to waste anymore eth on it until those fees are gone. So unless you have thousands to throw around or you know you'll be investing in a 3000x moonshot that'll happen within a few days, stay away from erc20. Now, most recently a new competitor has entered the competition. BNB (Binance coin) which is attempting to rival Ethereum and it's erc20 network using its very own network called the Binance Smart Chain. If you want to take the same risks as you normally would on erc20, this is absolutely the biggest move you could make right now. The gas fees are within the pennies bracket which means you can fuck up a bunch of transactions and not wince at the accidental spending. Everyone loves cheap; tell me, where do you think the normalniggers are going to go for decentralized finance (liquidity pools, yield farming, borrowing, lending)? Wherever it's cheapest with maximum returns. I recently ended up buying a nice stack of pancakeswap tokens which is currently battling it out with Uniswap in terms of volume, which is doing a pretty damn good job currently (Uniswap is currently staffed by SJW retards, so fuck them). Anyways, I put those cakes to good use 2 days ago by yield farming on pancakebunny.finance (it's going parabolic at the moment). There's some details I've left out of course, so if you have anymore questions, just ask. Anyways, important tips are obviously do your own research and look for audited platforms that have endorsements from big names or youtubers/twitter/reddit (yes reddit can actually be useful sometimes). And even then, audited and well-known platforms still come with a risk. Take Bitfinex for example: they got hacked for millions worth of Bitcoin and they were one of the top exchanges. Oh, another thing, refrain from keeping your crypto on any exchange. Put it all on a ledger/trezor, or even a desktop wallet like Exodus (Don't do exchanges on Exodus though, because Exodus are jews). Fuck niggers, fuck kikes, fuck chinks (not you CZ), and most importantly fuck niggers.

>>301509
>Haven't followed XRP because it's a literal shitcoin that always ends up crabbing around 30-50 cents. Where are the tokenomics?
XRP is meant to be inexpensive because it's meant for remittances and transfers. It's minimum denomination should match the average minimum currency valuation of the major adopters.

XML: Network for common centralized currencies
ATOM: Networking
XRP: Visa network backend
LINK/QUANT/ETH: Contracts

IRS says that they've managed to track XMR transactions. I doubt it, but it's stupid to try to control it.
The KYC bullshit is also stupid. Does the cashier at your corner store ask for ID before your transaction?

>>301510
>XRP is meant to be inexpensive
>It's still a shitcoin
Might as well just Tether up then. Algorand is a far superior choice to that shitcoin. I'm sorry, anon. I just don't know how to put it any other way.
>>301510
>IRS says
That's all you need to know to call their bluff. They are using probabilistic methods to track Monero and even that isn't fullproof because it does a bad job most of the time. Unless they can crack ring signatures (using a breakthrough in quantum computing which means an end to privacy for good) Monero is your best bet. https://coingeek.com/ciphertrace-files-two-monero-tracing-patents/
>KYC
Well, you could download a P2P exchange like Bisq to use zelle and buy coins, but you would still need to deposit a certain amount of Ethereum to build trust on that software. There's tons of places you can buy without KYC you just have to know where to look. There's a Monero exchange that sells XMR in browser, but you pay extra since it doesn't implement smart contracts.

>>301511
>Algorand
Is part of 10022, so it's a perfectly fine choice.

>>301513
I don't know what that is.

>>301515
I goofed again. It's ISO 20022
https://en.wikipedia.org/wiki/ISO_20022

>>301520
also:
200 countries by 2022

>>301520
Oh, right. It's "their money" so they probably own a most of the supply and can crash it on a whim.

>>301526
I don't understand. I'll be sticking with my eth and bnb for now.

>>301530
That's okay too.
Imagine if you had a time machine and could go back to 2 years before 9/11.
You wouldn't be able to stop it, and nobody would believe you if you tried.
So what are you left to do? PROFIT.
Lease a shitty closet and over-insure it, then short airline corps. Throw some money at Diebold, Haliburton, and Blackwater after you cash out on your first two "investments".

>>301532
Alright, I definitely see what you're alluding to. But I don't know how to "profit" from this. Unless you mean to say time their rugpull correctly. No one can time the market correctly.

>>301534
>But I don't know how to "profit" from this.
ISO 20022 is centralbankcoin. They will implement the model with or without your involvment.
You profit by getting some while it's cheap and selling or using it when it's expensive.
I would also look out for a fast crypto built for ID verification with low gas prices.

>Unless you mean to say time their rugpull correctly. No one can time the market correctly.
The Rothschild family is the largest gold holder in the world. They control the flow and supply, and yet they don't dump.
This is no different. Yes, some of the current cryptos attached to 20022 could end up being trash, but it's highly unlikely that all of them will be trash. And it's even more unlikely that something which has no public mainstream adoption, yet is constantly mentioned by central bankers is garbage.

>>301535
>You profit by getting some while it's cheap and selling or using it when it's expensive
Sounds like your ordinary swing-trading. "Buy the rumor, sell the news"-esque. Of course, this would end up taking years to see fruition. And again, you would still need to time things.
>The Rothschild family is the largest gold holder in the world.
Who said they had to give up their ownership to manipulate the price of gold? There have been some historically bad plunges when it came to the price of gold.
Anyways, not gonna be taking institutional digital currency seriously.
There are 3 main points to crypto:
1. Controlling your own wealth
2. Making some serious gains
3. Killing this Jewish financial system
Can't do the last one if you adopt digital government assets. But you're right, you can profit off of it just like any other rugpull pajeet scam you find on the erc20 platform. I just don't think it's worth it.

Okay lads.
It looks like the newest fad will be coins on the BSC network (binance's network). Because ETH's gas fees have cucked alt season hard.
Get in on BNB and other coins on the BSC like BRY and CAKE.
4/biz/ is already onto it and its only a matter of time until crypto twitter and the normies get wind of it.

Anyway, what do you think BTC will do? I'm of the mind that this bull run will last until summer. Just a question of whether it dumps (and how hard) before it legs up again. This liquidity and staking shit has made the market remarkable stable (relatively speaking). And BTC crabbing these past few weeks has a lot of people on edge.

>>301570
>bitcoin crashes 10k
>the dip is eaten up within a few hours
Fear naught, my fellow mumu. The mindset of every investor is now that of an accumulator. Do you honestly think they're gonna miss out on cheap internet coins when they know it's inevitable that their investment will moon in the future?

>>301569
To add onto this I've been putting money into goosedefi's EGG token.
https://www.goosedefi.com/nests

Its already pumped a bit but they plan on adding a token burn as well as a lottery, exchange, and other features.
https://goosedefi.gitbook.io/goose-finance/roadmap

Looks promising from what I've seen.

OH MY FUCKING GOD LADS ETH IS GETTING FLIPPED BY BNB

There's this negro friendly bitcoin clone coming out.
https://bitcoin.black
They even have an airdrop incoming, be sure to sign up so you can dump on niggers.
https://bitcoin.black/get-coins/

>>301782
Ethereum maxis on suicide watch unironically.

Seriously though wheres the correction?
It has to dump as some point right?
Nearly everything has fucking mooned.

>>301938
There will be no correction until there's a correction with fiat.

>>301945
Fuck I think you maybe right.

>>301509
Noticed I haven't said thanks for typing all this out yet. I'll try to read a bit more up on it soon. Particularly interested in CEX coins, something I could just throw some cash at and not worry about for a while. Seems like a safer bet in getting into it rather than trying to analyze the daily fluctuating prices as a newb.

>>301969
No problem. Need to help out my fellow horsefuckers. We're all gonna make it.

>>301951
It gets worse.
As more inflation hits common people, common people will look for ways to set aside money without it losing value.
Which means that easily divisible assets will inflate.
Secondary markets will form around those assets, and the feds will look to capture those markets as they form.

Well it looks like I finally got the dump I was asking for.

Anyway since we're talking about coins I bought some Rubic before the pump yesterday.
It gives off chainlink type energy.

>>302111
Good luck, I sold mine to break even. Hope you make it. In the meantime, I'll be chasing pumps and dumps.

Bitcoin Explained. Eventually.

>>302544
The returns are great. Just don't get too greedy and hedge your bets.

Would like to keep this thread in the catalog for now.

>>301028
>>302544
(((bitcoin))) isn't truly private.

>>301144
>on dead as hell boards
dead, because of people like you who refuse to use them.

>>301896
(((they))) actually would be happy if you used bitcoin (or similar cryptocurrency) since bitcoin can be tracked/traced more than credit cards (not a joke) Perhaps Gates is looking into launching his own bitcoin clone?

>>305308
I want to buy monero but i'm not sure how to do it safely. I have really limited trust to exchange sites and was really anxious when i had to give my data to coinbase. Since now i own crypto i was thinking about sending eth to edge and exchanging it there.
Would just buy it on Kraken but i feel somehow safer changing eth to xmr without using my bank account.

R8 my stack
need to get some XMR and want some more Harmony so I can stake it for compound interest

It's been a fun couple days lurking /xsg/. The price has more than doubled this past week.

Funny meme video:
https://www.youtube.com/watch?v=Ck98XGXzkrY

>>305734
>this is the mindset of an XRP acolyte
A relative called me this week because XRP was featured in a national news segment recently and he thought that banks were going to implement XRP as a means of transacting currency (lol sure). Boomer money must be why it's up 125% in 7 d, haha. Short it now if you can.

My stack: had BTC for a long time, bailed and went all in on BCH but I'm coming to realize that community is retarded in a different way.

>>305788
>>this is the mindset of an XRP acolyte
This sounds smug and I can't say I really want to take financial advice from someone that I feel doesn't respect me.

>Boomer money must be why it's up 125% in 7 d, haha.
Unlikely.

>Short it now if you can.
No.

>>305788
If I hadn't listened to fags like you I wouldn't have panic-sold when the lawsuit temporarily tanked it. Oh well, I bought back in so live and learn I guess.

>>305789
>>305734
Nothing's guaranteed but things are looking good for XRP, don't listen to naysayers. Hold your bags.

>>305816
WAGMI fren. Never selling.

Can you recommend an exchange to work with and some coins to invest in? Preferably with arguments for why you suggest the coin?

This past year has been crazy for me since my main goal in 2020 was to buy a home. I succeeded in finding a home in a nice area and locked in a low mortgage rate, so now I don't really need to keep as much liquid capital on hand to be able to rush in and snatch up a home in this crazy market. I'm concerned about the effects of the lockdowns combined with inflation from the Federal Reserve inflating the dollar, so I'm just trying to get out of the dollar as fast as I can. I'm trying to diversify my assets across a number of different investments. Stonks, a mutual fund, and precious metals are what I've worked with so far. I feel like I probably have enough to justify investing in crypto a bit.

I don't really trust crypto. Honestly it all strikes me as a ponzi scheme or something like tulip mania. But I recognize that I have the potential to profit from it so I might as well roll the dice. At times I wonder if the crypto game is less rigged against the little guy than the stock market or other investment opportunities. It's unclear which coins that I've missed the boat on though. I feel like by the time I hear about any coin, it's already mooned and buying in would just be asking to buy high/sell low.

>>305886
>I don't really trust crypto.
Me either, but I still trust less the (((exchanges))).
IMHO, an elegant solution to avoid them is to sell stuff while accepting crypto and then to make purchases also paying with it.

>>305886
Any cryptocurrency value is highly volatile because depends on the offer/demand relation, which is very easy to manipulate by the big players.
Now, a little detail that a very few notice is that the banksters can print money at will and buy ALL the crypto they want, not for profit, but to control and corner the market. Little guys like us are just surfing the banksters' wave.

>>305888
>IMHO, an elegant solution to avoid them is to sell stuff while accepting crypto and then to make purchases also paying with it.
I suppose I kind of did that back in 2017 when I upgraded my PC with a 1080ti and decided to play around with having it mine crypto for some mining pools for a few months. It generated ~$700 of BTC before income rates died down and I quit messing around with it since I got fed up with keeping track of it for taxes. I never bothered fucking around with an exchange to cash the BTC out or buy more crypto with my USD. I just ignored it for a few years and now the BTC in my wallet is worth ~$4k.

>>305886
>Can you recommend an exchange to work with and some coins to invest in
Since you're american you need to use coinbase to transfer from FIAT to crypto. If you're thinking long term just throw some money at shit like BTC, XMR, LINK, ETH and let it sit for a few years. Chasing shitcoin pumps is much riskier and you'll want to look up tutorials on how to use shit like MetaMask. Just remember, not your keys not your coins. AND ALWAYS FUCKING BACK UP YOUR SEED PHRASE WRITE IT DOWN AND PUT IT IN A SAFE.

I'd say we're about over half way into this cycles bull market as well. If you want to wait to buy in at a low then wait for all the coins to crash 80-90% in a few months/half a year and then buy in then.

>>305889
>buy ALL the crypto they want
Yeah except from dead wallets lol.

Simple question: how will you use crypto-currencies when the internet is (((temporarily shut down)))?

>>306020
Good question. Also if the electric grid is down.

>>305969
After seeing what god damn fucking dogecoin did these past few days, I'm wondering if I should just batten down the hatches instead? I'm reminded of an anecdote from just before the great depression. The story goes that some big shot wallstreet mogul met some wageslave normalfag. In some versions of the story the worker is a shoe shiner, and in another he is an elevator attendant. Regardless, the worker's profession makes the mogul a captive audience to the worker for a few minutes. The worker makes small talk by talking about his stock portfolio and inquiring if the veteran investor has any advice for a new investor. Upon hearing about the worker's investments, the mogul becomes panicked as he realizes that the jig is up. He quickly rushed to close his positions and move his capital into safe havens. Days later the big market crash hit.

I don't know if the story is true, but that sure sounds like what's happening now. I swear, whenever I'm around a computer without an ad blocker I'm bombarded with advertisements for bitcoin credit cards and marketing apps like robinhood and webull.

>>306044
Wew wish I didn't forget my wallet password. In fact when it shows up again soon this might change quite a bit.
Well might as well try to cash out now.
Memecoin for the win good job past me.

Cryptocurrency question

If I have 1k dollars and exchange that for Dogecoin, and both are inflated over 1 year but american dollars are inflated more than Dogecoin, does this mean I've made money by the end of that year?

>>306022
Rolling brownouts/blackouts are common throughout portions of the Jew-S. Keep your e-wallets on laptops and tablets that can be easily recharged. Do not ever use (((smartphones))).

>>306077
Only IF the exchange rate is still favorable, IF you still have electricity, and IF the internet is still available. Should any of those be a "no", then you have a serious problem.

>>306077
The taxman cares about the exchange rates at the time of your transactions to determine your capital gains.

>>301537
>3. Killing this Jewish financial system
You have to be extremely naive to think they would even allow this to exist if it was a threat to their control. This is reserve psychology; they want you to think "crypto" is "beating them", when in reality it's the system they will use to replace the fiat/paper money system they've destroyed already when hyperinflation catches up. Cryptos will act as a "global currency" and do away with national ones, the plus side is they can be manipulated more easily by them now that they don't have to "print" money, it's all electronic and all purchases are electronically logged (something that was impossible with cash). They destroyed Germany in WW2 because Hitler went outside of their financial control.

The schizo is bleeding over into pony.

>>306284
Based.
I'm starting to wish I'd bought dogecoin.

>>306340
Wait until people forget about it and it drops back down to near nothing again, put a small amount of money in, and just hang onto it until it randomly pumps again.

>>306340
looks like it's time to sell

>>306559
Unironically this policy would be bullish for Bitcoin, and the only losers would be people dumb enough to use it for illegal transactions on the assumption that crypto is automatically untraceable.

>Be me
>Buy a bunch of discount bitcoins in my sleep
>Now I have a bunch of bitcoins in my sleep
Wat do?

>>307340
POOF!!!

>>307375
I see what you're saying. I need to go get a psychic reading.

Is Bitcoin/Crypto/Blockchain a Trojan Horse to Usher in a Cashless Society Control Grid?
https://www.youtube.com/watch?v=U55Y-EyxA2o
Mirror: https://odysee.com/@johnbushlivefreenow:c/is-bitcoin-crypto-blockchain-a-trojan:f

I think the best crypto to buy right at THIS INSTANT is XLM, but overall I think XRP is going to be the best buy over time.
>it's centralized!
It isn't.
>they're being sued by the SEC!
Worse case scenario they pay a billion dollar fine and life goes on.
>It's a banker coin!
Yeah - who the fuck do you think has all the money?

Outside of crypto, I think the best available opportunity is in physical silver. They've been using more silver than is physically produced every year, and the stockpiles have to be draining somewhere. Silver is needed in every TV; every car; every rocket, bomb, and munition - and all the big banks are mega-short silver in order to keep prices artificially low for the industrials.

>>307502
>1st picture
Incredibly based.

>>307584
Clop Coin must be.

>>307584
MareBits

Would someponer be willing to say if it's a good time to buy now? Lurking /biz/ some people are saying alts are going to crash 90% due to BTC getting dropped by Tesla and others are saying we need to get all the crypto we can to prep for the threat of massive amounts of inflation looming. Maybe wait a little for the bear market to settle in? Just how long would that take?

>>308374
>Would someponer be willing to say if it's a good time to buy now?
No responsible poner will say that.
Crypto is a pyramid scheme and little foals like us have no clue what the big players are doing. As you already should know the value fluctuates by offer/demand relations, that means that big traders can buy and dump huge amounts of crypto and therefore to drive its value artificially. It is a game pretty similar to the Stock Market casino.

>>308393
Take in count that non-stop raising values are fueled by new comers in the game who buy, buy and buy.
I should add that governments have the upper hand to regulate or proscribe crypto because by clamping down, or better yet, taking over the exchanges can block, seize, and steal using taxation, those private tokens.
Also, to take into account is the actual answer the following question: Can I buy food with crypto?

>>308374
Big institutions are working hard to create FUD around crypto to get a bigger discount, while recently getting private access on defi protocols like Aave. You tell me? Christ, can't you do ANY research by yourself? Safest bet is BTC or ETH if you want to buy in right now.
>>305444
>ONE
Vaporwave, basically not being used by any big players. Just a way to cope if you missed Ethereum.
>RVN
Again, another coping mechanism for anyone who missed Bitcoin.
>RLC
Vaporwave, there can only be one oracle coin, and that would be Link.
Link and MAYBE BTT are the only good things in your portfolio.
>b-but it pumps!
Most big investors are interested in the widely known bluechips, not 'literal who' tokens. What do you think happens to those coins in a bear market when these untapped institutional markets are busy adopting high caps? Don't mean to fud, it's great that you made some money, but I believe only the true bluechips with nocoiner adoption will be the safest in the longterm until the next halving cycle.

>Goldman MD Quits After Making Fortune Off Dogecoin
>The Guardian and the website efinancialcareers reported that Aziz McMahon, a former managing director and head of emerging market sales at Goldman Sachs, resigned from the investment bank - and gave up one of the most prestigious jobs in the world of finance - after earning the windfall of a lifetime off a cryptocurrency created as a joke back in 2013, and which has seen a massive runup so far this year. The exact size of McMahon's alleged crypto-fortune wasn't disclosed, other than the fact that he made "millions of dollars". The cryptocurrency is up more than 1,00% in 2021, though it has fallen more than 30% since the start of the week, and was recently trading at 47 cents.
>Coinciding with the worst selloff in doge since the start of its remarkable runup this year, news of the executive's decision to resign with his "f**k you" crypto money quickly captivated the attention of social media users, while many seized the opportunity to try and pump. Doge is down more than 30% so far this week.
https://www.zerohedge.com/markets/goldman-md-quits-after-making-fortune-dogecoin
I might be wrong, but it t looks like Elon Musk is a friend or partner of this guy, by tweeting "DOGE" a lot of normies bought the coin and the price went to the sky, then was the right moment to dump Doge and retire with the money invested for those new comers.

>>308397
>Christ, can't you do ANY research by yourself?
Have you read my post or were you just looking for someone to take your anger out on?

>>308401
Lurking /biz/ isn't doing "research". And yes, I was also looking to simultaneously vent my anger while providing a little insight.

>>308402
>I was also looking to ... vent my anger
Then keep your opinions to yourself.

>>308403
No. Also, my points still stands. If you're getting your research from /biz/ you unironically have a NGMI mentality and will take on massive losses.

>>308404
You've told me nothing I haven't learned from lurking /biz/ already, and I'm not your emotional punching bag. Kindly grow up please.

>>308406
>Lurking /biz/ some people are saying alts are going to crash 90% due to BTC getting dropped by Tesla
You don't belong in crypto if you think there's a good chance that will happen anytime soon, I'm gonna clue you in since you're so obviously pathetic and can't take criticism without flinching too hard: https://bowtiedbull.substack.com/

>>308407
>Acting like a nigger
Okay buddy, maybe you ought to take a break from the internet for a little while, how about it.

>>308408
>thinks im acting like a nigger
Just trying to give some advice to an obvious nocoiner who has never invested a single time in their life. Not sure how you conflate that with "acting like a nigger". Bull cycles typically last 1.5 years, we're not even half way in, and you're panicking over a 10% drop, which is quite common in a volatile market. NGMI.

>>308413
>>thinks im acting like a nigger
You most definitely were.

>Just trying to give some advice to an obvious nocoiner who has never invested a single time in their life.
Is that a fact.

>Not sure how you conflate that with "acting like a nigger".
Flying off the handle after I had politely signaled that I didn't want to deal with whatever issues you've got going on.

>Bull cycles typically last 1.5 years, we're not even half way in, and you're panicking over a 10% drop, which is quite common in a volatile market.
Okay then, fair enough.

>NGMI.
I guess we'll see about that won't we.

>>308423
If you don't know what to do, just DCA, it isn't hard.
>Is that a fact.
Yes, it's so obvious that you're new to the crypto game simply because you talk like every other paper-handed faggot, which, let's be honest, we don't need anymore of those in this market. Excuse my brash behavior, but you need to lose the ego.

>>308463
>n-no! you cant just criticize me for being a dumb fucking newfaggot who has a holier-than-thou attitude and cant stand it when others with more experience give me advice!
Not sure if you're the same person or not since the bloated pussy keeps changing IDs, but you're both going to neck it when you buy the top and sell the bottom trying to swing trade. It's almost a wet dream for me since you both talk like you have small-dick trifecta.

>>308465
That's a different anon, you're acting like a massive dickhead with an axe to grind and you know it, nobody wants your "help," and you know where the door is, thanks.

>>308466
This
also checked

>>308466
Enjoy losing your poorstack because you were a dumbfuck who freaked way the fuck out over small drop in price in which I would otherwise sleep through. Please, by all means, cave in to the FUD, nothing would make me happier if you sold the bottom and bought the top. Nocoiners like you are quite the detriment to crypto after all, and I reckon you'll lose quite a bit of your net worth before seeing any real profit. I won't be leaving anytime soon, I personally enjoy agitating the retards like you that are the only real threat to crypto overall.
>>308476
>slowboard
>I MUST CHECK THOSE DIGITS
lol

>>308481
>must
Choose to. Mlpol is a board of frenship. It's a gesture of commonality and politeness to check digits. You're not bothering anyone, you're just being an asshole. But since seem to be in need of more than a few frenship lessons, I thought I would lead by example.

Please keep in mind resources, skills, utility options, wisdom, and means to produce stuff is also vital.
>>308407
Not a bad resource, but take it with a grain of salt. It's useful.
>>308481
Keep the eyes on the prize. You aren't wanting crypto for the sake of crypto, that's wanting money only for the sake of wanting money.
Having alot of crypto or 'US token' is a means to an end at least until the currency's soul can be purified. Any of them.
You do require a means to get what you desire stonks and coins may be a means. Keep in mind being flexible and preparing.
Who ever the bowtie animal group is and their island, you must be careful. Don't be clown bankers, be Anons. Good fun loving political hoers fugging anons.
'Member the future is a long while away and everybody (here) is vital.
Ensure your loved ones have what is necessary and the means, plan for the worst be prepared to capitalize on events and actions as they come. Bring about the paradise for you, your loved ones, and friends, and allies, and everyone.
It's a massive undertaking that is required. Then even the stars, moon and Equestria is well within reach.

Don't worry they will "try" to confiscate it to no avail.

>>308482
>But since seem
Did you have a stroke trying to type this out?
>>308484
Only ones that are getting fucked are the swing-trading faggots like the previous anons. Stay poor.

>>308505
Nah, finishing with your mom

>>308487
BowTiedBull is as based as they come.
>>308507
Yes, quite original, hats off to you my good friend.

To change the subject and hopefully steer conversation back in a constructive direction, I really really wish Elon Musk would either neck himself or shut the fuck up. It's impossible to see what the market is actually doing because every time that faggot tweets something Bitcoin jumps up or down and takes everything else with it.

>>308632
The way I see it if someone's in it for the long haul the daily fluctuations can't hurt too much. If I buy something at a dollar vs at two dollars and it eventually goes to 200 dollars it was still a good investment. Just helps free my mind up for other things, not get too emotionally invested in the squiggly lines.

>>308663
>TFW a literal rocket scientist gets BTFO by tendie loving crypto nerds
Maybe ole Elon bit off a bit more than he could chew. Anyponer have any idea what this means for the market on a macro scale?

>>308715
I'm no expert but I think Elon just permanently damaged his credibility as "Le mad genius who loves bitcoin because he's smart". I don't think his "fuck with cryptocurrency prices just by mentioning them" power will be as strong any more unless he does something smart to win back the crowd. Maybe he tried to reduce prices hoping to profit? I don't think it was worth it unless he's got some under-the-table scheme where he plans to make so much from this, he'll never need to pull this bullshit again.

>>308663
Ebon Mutt is barely 90IQ, and that is pushing it. He's a Big Tech friend with lots of aristocratic shekels that his family allowance gave. Offers !!huge advances!! up front, yet his tech buddies give nothing of value. The Hyperloop for example? Supposed to be 120MPH, can travel anywhere within 400 miles, and will be 100% solar/wind powered! Turns out the Hyperjewp costs 800% more than advertised and can only travel at a "safe speed" of 20MPH. Oh, can only take you about 10 miles, too. Fuck Mutt, and fuck the crypto he supports.

So anyway, Monero's crashed to less than half its price two weeks ago of over 500 USD. Might be a good time to pick that one up in case you've been meaning to.

>>306000
They label everything they cant control as a Ponzi Scheme, don't they?

>>306039
>I don't know if the story is true, but that sure sounds like what's happening now.
Paul Getty related in How to be Rich that it's incredibly easy to tell when a market is overvalued by just taking casual observation of it (There's a bit more to it than just that, but I'm paraphrasing). The people you should be weary of listening to are the idiots who are either invested too deep and "cannot lose" or the retards who never bother learning about the subjects and systems and are simply looking to "get rich quick" (With the irony being that they're the first to accuse others of falling for those schemes).

>>308859
Perhaps. But crypto is a ponzi scheme (or pyramid) indeed.

>>308864
>But crypto is a ponzi scheme (or pyramid) indeed
Both are the same thing and exposed that you don't know jack shit about what you're talking about. A Ponzi Scheme is when, for example, you put a dollar into a program, find two other people, get both them to stick a dollar into the program, and then walk away with two dollars while leaving the two "recruits" looking for their own recruits to get involved with the program.

How the term first came about was after Charles Ponzi created such a program, which collapsed in on itself and resulted in his arrest in 1920: https://infogalactic.com/info/Charles_Ponzi
Since then, the government has been extremely observant of businesses that enact a Ponzi Scheme type of business model, with such organizations getting seized within a few years of operation. Now, as time progressed, people also started referring to Ponzi Schemes as "pyramid schemes", however there is issue in that regard. For a business to be identified as a "pyramid scheme" what that indicates is the the business model is operating in an illegal fashion like a Ponzi scheme. But, this creates the issue that ANY type of organization is created like a pyramid. At the top, there's the owner, then the BoD, then the division mangers, the team leads, the supervisors, the employees, and so on. So, a company being designed like a pyramid in-and-of-itself is not illegal. What IS illegal is for a company to have less-than-zero room for advancement. IOW, if it is impossible for people to change standing in a company's structure. THAT is what identifies a company as a "pyramid scheme", and causes the government to come crashing down on the organization (Hard).

Now, this is just a quick summary of what Ponzi Schemes and Pyramid Schemes are without all the nuisances mentioned (Like how MLMs get a pass because they make money from sales of products and services, not recruitment), but it should help display that cryptos are not either of the two. All cryptocurrencies are is just an alternate means of exchange with an agreed upon value, IOW bartering.

>>308867
>and exposed that you don't know jack shit about what you're talking about
Ahem.
The price is fueled by new comers injecting money at the pyramid's base, therefore it is a pyramid.

>>308869
You are correct, and so I am.

I think I found a purpose behind the shitcoins.
They're the lowest value of poker chips.

For those who don't know, white chips are $1, red are $5, and blue are $10. Comparing these to cryptos, your blue chips would be Bitcoin and Etherium. Your red chips are "lesser" powerful ones like Dash and Lite. And, your white chips would be the shitcoins like Doge and Shib. Now, with white chips, they don't really exists for those who want to make any real money gambling. They just exist for people who are looking to play around with gambling and either lose their small amount of pocket change or come out with an extra $10 they didn't have prior. I was wondering if it's possible to use the shitcoins for a similar purpose. NOT as any currency with real value, but as a means to drop $5 exchanging around money between currencies to get a feel for the trading, how it works, how to send/receive crypto, how to convert it, and so on.

As far as I know, there isn't really any application or "game" that exists that simulates how trading/exchanging in the crypto market actually functions. So, I was wondering if these shitcoins would be a good primer for what comes later.

>>309111
>I was wondering if these shitcoins would be a good primer for what comes later.
If to get "the feeling" is about, bitcoin will do.
Shitcoins at targeted to "know nothing" normies who buy bet on them.

>>309111
Someone bought 95 USD worth of shib back in January which turned into 85k. They got really lucky due to the Elon Musk tweets. Not a bad idea to throw house money into something like that. The cryptos that do the best are the ones with an active community/shill campaign, marketing is almost everything, technology is just a bonus.

What are some reliable and safe crypto exchanges that are not running through West Taiwan or are pozzed?

>The IRS wants “reliable” tools to crack crypto wallets
https://www.naturalnews.com/2021-05-30-irs-wants-reliable-tools-crack-crypto-wallets.html
B-but that's an overt conspiracy to commit hacking and theft.

>>309394
KuCoin is pretty reliable. Low fees by industry standards, huge selection of coins, not as pozzed as most exchanges are with their automated "anti-money-laundering" systems (I've had my withdrawals on Binance.us halted because the withdrawal amount was too large.). You ideally want multiple exchange accounts. KuCoin to get the most access to coins, lows fees, trustworthiness. Coinlist for token sales on coins that are easily valued in the billions market cap wise. Coinbase/Gemini for fiat on/off ramp. I personally like Coinbase better since they have an option for PayPal. Created an account for Gemini to buy Injective Protocol. ProBit if you want to get in on high-risk coins that have most of their liquidity on dexs and have yet to list on and big exchanges. Yeah, that's about it.

Can you imagine if the entire fandom since October 2010 just took the hint from MLP and bought Bitcoin?
Equestria's currency is called "Bits" When was the first time "bits" was said in season 1 ? How much was 1 bitcoin worth at that time?

This could had been the richest fandom of all time, richer than the furries. If only people would have taken the hint.

Essay
>The Cyberattacks Are to Force the End of Paper Money
https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/the-cyberattacks-are-to-force-the-end-of-paper-money/

Elon Nigger at it again. He tweeted this fucking nonsense as soon as we broke out as a few hours beforehand. For any poners that are wondering, this is a bear pennant. Technical astrologists consider this "bearish" and will now refuse to buy since there was no bounce back above the support line. So now chances are it'll dip lower. Sold a little over half of my portfolio just in case.

>>309786
>Musk
First Doge, now Bitcoin, that nigger shilling again.

>>309791
>smartest african american steals your money with a few tweets
Whatever I'm just gonna sleep through this mess. In other news, Michael Burry is basically shorting Elon's Tesla: https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html

>Cryptos Tumble After Musk Tweets "Cumrocket To The Moon"
https://www.zerohedge.com/crypto/cryptos-tumble-after-musk-tweets-cumrocket-moon
https://twitter.com/Stalingrad_Poor/status/1401185417811034118
Time to meme Tesla out of existence?

>>309964
>>El Salvador looks to become the world’s first country to adopt bitcoin as legal tender
Dubai is already doing this: https://archive.ph/y4UI7
>How Dubai is embracing Cryptocurrencies

>>310169
>m-muh drumphf advisors.
seems like team red knows more than these talking heads. if you have a gun pointed to your back or pedo tapes over your head you do what the jew tells you.

>>312585
I remember when the Feds raided Trump's lawyer office, then MAGA turned to nothing but bullshit and gaslighting.

>>312613
Do not sell.

>John McAfee`s speech about government, taxes, banks, corruption, and cryptocurrency - John McAfee
Listen to McAfee faggots.

Where my SHIB niggas at?

>>322054
I saaaaaaiiiiiiid where my SHIB niggas at??
>be me
>buy lots @ .000008
>last 3 months pic related
>starting the morning at .000042
I seriously hope y'all are having a great morning

>>322964
I am! I put a really stupid dick joke into my Pokemon fangame aka low effort shitpost

>>322964
>SHIB
Naaaah.
Monero is my stuff.

>>322966
monero looks decent, but SHIB is much more readily memed, and likely to go more viral

plus, SHIB gets added to robinhood tomorrow which, while they have dubious practices, it will increase the flow of consumers, and its still ridiculously low overall even for the dollar level investor

made this one today

>>322967
>likely to go more viral
It is called the hype, be ready to abandon ship, it won't last.

>>322967
>>322964
>>322970
>>322994
>>323118

SHIB is one of those coins I threw $100 at several months ago on the off chance that it might turn into a serious meme-coin; I have to say I'm pretty happy that I did so far. If it ends up getting anywhere close to where Doge is, I'm going to be doing pretty well for myself. Worst case scenario I'm out a hundred bucks, so I can't really lose. Word of advice though, don't get too caught up in hype with meme coins. As soon as dumbass redditors start dropping their life savings into it, that's when it's time to cash out.

>>323188
nice digits

Dogecoin Dogecoin Dogecoin

>>323118
>SHIB
>>323339
>Dogecoin
What a cohen_cidence that behind those two toy coins is Elon Mask shilling the hype.

>>323355
The fucker plays with (you).
He calls his pals in the media to create the hype and the price goes way up, then he tweets to make the price go down. That is how basically speculation works.
Which each fluctuation he and partners make a profit.

>>323356
the diabolical bastard, tricking me into quadrupling my portfolio. The horror

next 3-6 months should be good, don't fuck it up

>>323378
>swingie still in his technical analysis phase
Oh, you'll learn real fast just how badly you'll fuck up.

Listen up, niggers. It doesn't matter what you buy so long as it's on a big exchange, they all eventually pump I've concluded but chasing hype and the momentum created by figureheads like Elon Musk isn't necessarily bad. Don't fall for the "buy x if you want to make it" bullshit. These niggers are out here thinking they're Patrick Bateman after their coin of choice goes up by 10% and it's the most pathetic thing I've seen, especially on Twitter with some of the biggest influencers. Fuck, just toss a coin and randomly select something on Coinbase or Binance while periodically investing and paying attention to exchange Twitter feeds and their custody like https://custody.coinbase.com/ to invest in crypto that isn't even listed but eventually will be. Doesn't even have to be a crazy amount, could even be something humble like 50 USD each week. Would advise staying away from Defi unless the project has a ton of effort and the devs are white while actually knowing how to market their stuff and aren't completely retarded.

>>323419
Beyond trying to make some quick BITs, what really matters at the end is if the crypo you have will be accepted for payment by other faggots.
When SHTF most exchanges will disappear and the remaining ones will be seized by the government, all those fancy toy coins will be worthless, only the already consolidated like Bitcoin will have relevance and yet, only if the government allows them.
Remember, to make a crypto transaction, crypto holders must connect to a ledger, what about if the banksters block those ledgers? Hah?

>>323422
You're completely right, but I never implied the possibility that it'll last forever. But in the meantime I'll be making cryptogains and buying precious metals.

>>323422
The thing about SHTF is that it may not actually happen. If everything suddenly collapsed one day then sure, that guy hoarding guns and canned food and bricks of silver would have the last laugh, but the overall odds are against him. What I see as far more likely than a total collapse is an extended period of gradual but significant decline. I don't know what's going to happen to crypto in regards to government or bank action, but unless computer networks for some reason stop being a thing over the next 20-30 years I don't think crypto is going anywhere any time soon.

The thing about investing is that you don't have any idea what the future is actually going to be like, so you're forced to just make educated guesses based on the information you have. Generally speaking the important thing is to diversify and not have all your eggs in one basket. Personally I've got some money in crypto, some money in stocks and whatnot, some gold and silver just in case, and I try to keep a reasonable amount of cash on hand in case I run into short-term trouble. I could still get screwed I guess, but I feel like I'm as prepared as a person can reasonably expect to be.

>>323583
If SHTF anyone with gold or silver bricks will be left saying "I wish I traded these earlier for something more valuable to a post-apocalyptic society like food or ammo or both"

>>323585
>ngmi
There will always be individuals with resources who will want to exchange those resources with other indivoduals for other resources. If you had a job instead of NEETing all the time, you might realize that.

>>323586
Calm down, we're in this hell together. No need to be an aggressive prick.

https://m.investing.com/news/cryptocurrency-news/massive-shib-burn-incoming-as-shiba-inu-prepares-to-advance-into-trilliondollar-metaverse-2701523
For the record, Im not one of the
>SHIB to the MOOOOOOOON! .01-$1 SHIB EOY!
faggots, but I am a long-term 9-figure HODLer and I have it on hand that SHIB will make large short-term gains very soon. I will detail my findings if desired, but let me just say that now is a rly good time to buy if you can watch the market and time your exit.

>>327924
>SHIB
Thanks, but not thanks.
At this point all those toy currencies are just ponzi schemes. Soon the stock market will implode and the Federal Reserve will take over, the next step after the bank account confiscation will be to outlaw all private cryto. Then the chances to commerce with them will narrow incredibly, only the solidly already established coins perhaps will be accepted in the black market.
I recommend to stick to Bitcoin and Monero for the time being, just for safety.

>>327925
if you are concerned a bout this the only thing you can keep your gains in is metal and trade goods. For those of us with no assets and no hope, meme magic is all we can afford to invest in with our fake monopoly money.

>>327924
Can I buy with XRP?

>>327930
Doubtful, SHIB is ETH blockchain and xrp is... uh...

>>327925
Suit yourself. I bought when it had 5 0's, and I admit its probably not viable as a long term at the current price, even with the downturn, but for those who have disposable currency and are willing to make a short term risk, Im just throwing it out there as an option because even before I read about the burn I have been predicting a spike set to go off in about a week, +/- 10 days.

>>327940
>>327936
I wish I had 9 figures to spend on crypto, I found a way to get xrp to ship and back, but I am not sure what would be the best way to get past eth's outragious fees.
I'm definately poor enough to need any short term gains I can get, though I am worried I will be a bag holder because I'm not sure when to put my sell order at for guessing gains.

>>327936
The XRP Ledger is its own thing. I think it's technically called Ripplenet.

>>327968
When I said 9 figures I was referring to shib hodlings, and Im still incrementally buying

>>327972
no advice on how to avoid the gas jew shibanon?

>>327973
Start with the crypto app, until you accumulate a substantial portfolio. Youll have more access to more cryptos than any specific wallet type, and if youre not moving lots often you can avoid gas fees. Coinbase works also, but instead of limiting your movements to fiat, they make you wait 2weeks 'to verify'

>>327974
>start with the crypto app
thewhat?
I have a wallet, I just want to know what I should buy to avoid the most fees. either which token or which amount of eth is the most efficient for a poorfag to not go under.

>>327975
Theres no trick to it afaik, just move as little as possible

>>327976
isnt it more expensive the less you move/buy?

>>327979
Afaik, ETH gas fees are a flat rate per transaction that scales depending on the frequency of trades at a given point during the day.
The greater the volume of trades, the higher the gas fees, however beyond volume scaling, gas fees are effectively a flat rate regardless of the volume of the specific trade.

which one of you giga ziggers is holding 571,179,228.000000000000000078 MARE?

>>328690
If you are referring to the mistake in the (((exchange))), sorry but they corrected it.
If you are referring to Nakamoto, sorry but I believe noponer speaks japanese here.

Welp.
One of my wallets showed a valuation of over $640,000,000 for 30 minutes yesterday.

>>308397
>Safest bet is BTC or ETH if you want to buy in right now
For the record, not only are you a fuckfaced cocksmoking asswipe that attacks people because you have sand in your faux-vagina, but you also couldn't be more wrong and don't know what the fuck you're talking about, big fucking surprise. The price of these two along with everything else plummeted right after you said this, during the second largest major crash in the market, asshat. But, you know, all the money in the world isn't going to buy you happiness anyway after you got assraped by the kikes and liked it, tranny bitch. Embarrassing.

What's the best way for a nocoiner like me to get into crypto investment? Preferably something that doesn't involve gambling a lot of money.

>>329256
Okay... but unironically, is there a reason why I shouldn't invest in those?

>>327924
Id just like to say how right I was, gaining 33% in gains from my dca purchase
>>329288
BTC gained by about 20-25%, and ETH made a decent recovery as well, but thats after weeks of falling markets; dyor.
Heres what I do. 80% is a long term hold thats generating affiliated coins. Thats the suicide/make-it stack.
20% is in DCA (designated coin average).
Lets say thats 1000 (it isnt).
1/6 of that is 166.
When WTF goes up to 1166, you trade that for USDC (US Dollar Coin, pegged to USD). Repeat for every time WTF goes to 166. Any time it is valued at 834, you buy 166. Repeat.

>>329287
XRP is my recommendation, I want to emphasize that this is a wild west and its very easy to get rug pulled. Don't put in anything you cant afford to lose. don't get petrified of losing money either. Treat it like a game. Learn the rules, learn how to play. you will wish you had bought x ammount earlier and buy the top and lose it at some point just like anyone. It's like riding a bike. be prepared to take a spill

>>329287
It is going to depend on how much money you have to get started, but honestly your best bet is going to be to sign up for Binance or Uphold, connect your checking account to it, and experiment trading with whatever amount your comfortable with. Eventually you'll probably want to get a hard wallet or something to store your gains, because technically you don't own your coins if you've got them in an exchange. If you're trying to initially build wealth by trading, however, this won't matter as much.

>>329305 is generally good advice. You might also want to consider using a bot or something like that to pick coins for you, though most of them have fees or minimum balance requirements that might price you out depending on your situation. If you can't afford it or don't want to trust your wealth to an algorithm, you'll need to get books and do research and learn how all this stuff works, there's no way around it.

The main thing to remember is that none of this is an exact science, and every schizo on the internet you talk to, including everyone in this thread, will tell you that his basket of coins and his trading strategy is the only way to go, and everyone else is ngmi. Learn to tune people out, follow your own instincts, take whatever level of risk you're comfortable with, and don't invest money you can't afford to lose. Personally I've only been doing this for about a year, but I've done pretty well so far.

>>329287
as long as you don't have a more serious reason to be concerned about privacy than the average /mlpol/ user, pick a reputable exchange to use as your onramp for converting fiat to crypto. FTX and coinbase pro are good choices for this. pick something that doesn't have assraping fees (so not ETH. LTC is a decent choice for this), buy a little, create a wallet, and withdraw from your exchange account to your wallet. this is just to familiarize yourself with how blockchain transactions work. you shouldn't necessarily hold everything in your own wallets, that poses a different set of risks and costs than holding crypto on exchanges and isn't always worth it.
don't move a bunch of existing investment money over to crypto right now, we're relatively close to all-time highs and there is likely to be a serious pullback at some point in the next year. you're new, so you should not expect to be able to correctly identify and sell at the peak. figure out how much of your income you want to put into crypto. put 70-90% of that number into safe long-term coins like BTC and ETH. take the remainder and experiment with it. buy stuff that looks promising to you. learn how to use other exchanges and fund your accounts there with crypto rather than from your bank directly. keep records of those trades and learn from your mistakes. always take at least some profit when you're up big, even on your long-term BTC and ETH positions.

>>329305
Basically this.
Crypto is early industrialist or WWW where everyone was trying to make the next big thing.
Something will stick. I don't know exactly what, but something will be adopted for transactions.
Let's say Musk is successful at colonizing Mars. How will financial transactions be processed? Probably some form of crypto.

The kikes are trying to gain control over all crypto because it's has the innate features that allowed them to rise to power: the safe transfer of monetary instruments over vast distances. Go watch "The House of Rothschild".

>>329288
eth gas is reason alone not to. btc is dyr.

>>329341
No offense, but IMO gas fees are really only a problem if you're overinvested or trying to game with high frequency trading

>>329343
>only a problem if youre overinvested or trying to game
lmao these are words from a completely unself aware faggot. gas fees are so fucking high that you can easily lose half of your investment just BUYING eth if you are poor, please fuck off rich fag, stop trying to screw walletlets just for tiny gains in your shitcoins.

>>329346
>rich
I started with 4 figs, I have 5 now.
I reiterate my point. If gas fees are a problem, you're either over-invested or over-leveraged. This isnt brain surgery, dont put in more than you can lose including gas fees

>>329348
>I started with 4 figures
luck you asshole. not everyone has that kind of money to blow on a coin. if you put in 100 in eth you're getting 50 out to START. fuck.
OFF

>>329349
*sigh*
Merry Christmas btw.
>lucky u, 1k start
Yeah? I earned it. Ever worked every week of the year? Ever done 80 hour weeks on a trade job? Ever worked 19 hours in a day?
Cry moar nancy.

>>329350
More to this point now that Im chill, yeah untriggered me for a minute you imply that I didnt bust my ass to - yes - be able to gamble that amount into crypto. You also imply that any of where I am was in any way easy. That strikes as an ill-advisable.mentality when getting into this market.
In order to get so.ewhere, you havr to stsrt where you're at.
Not where you wanna be, not where you could be, not where you almost are if this happens.

>>329341
gas doesn't affect you if you're just buying and holding. it matters if you want to fuck around with defi, but that's not the position a new investor will be in.
>>329346
>you can easily lose half of your investment just BUYING eth if you are poor
if you're poor you should be leaving any eth you own on an exchange, in which case you will never pay gas fees.

>>329364
This
The dca I just laid out is off coinbase, ergo no gas fees. The only things I have in ETH are shit Im not gonna touch for literal years.

Any other Saitama holders? Saitamask was completed and its gained a bit

>>329364
>dude, invest in a coin that will punish you for jumping off of it if it's shit.
Worst thing imaginable for a new investor. they need to not only invest, they need to learn.

>>329366
>exchanges
self custody>exchange.

>>329489
And diversification is better than fixation or centralization.
Be water my friend

>>329256
>two biggest coins too big to fail with mass adoption aren't the safest bets
>why number go down?!
When I say "safe" it should be obvious that those coins won't fizzle out and will gain value over time. Doesn't mean those coins won't drop in value. But sure, be an arrogant fucking prick that assumes it will go up forever. There have been far more brutal crashes, and they typically revolve around anything outside of the two aforementioned coins, prick.

Fun fact.
Most coins have never been traded and remain frozen in anonymous wallets. Being all crypto an asset which the value is not backed by anything but speculation, kinda a pyramid, don't be surprised when its value go to the cleaners, be for to be outlawed, be for lack of interest.

>>331513
Worrying.

Stolen from /biz/:

Is this the real life? Is /biz/ just fantasy?
Bogged from the inside, no escape from reality.
Open your eyes, bleed red till you die, and SCREAAAAAAAAAAAAAAAAAM
(I'm just a coiner, I need no sympathy)
Because I'm easy come, easy go, buying high, selling low
Any way the Bogs go, doesn't really matter to me, to me.

Boggaaaaaa, just dumped it all
Bearish market turned more red, all my shitcoins are now dead
Boggaaaaaa, Sminem hasn't won
And now I've gone and thrown my cash away
BOGGAAAAAAAAA OOOOOOOOOOOO
Didn't mean to buy so high
If it's not back again this time tomorrow
Sell it all, sell it all, as if nothing really matters

Too late, the Bogs have come
Value's dropped below a dime
Bulls are running out of time
Goodbye, everybody, I've got to go
Gotta go and re-apply at McDonalds
BOGGAAAAAAAAAA OOOOOOOOOOOOOOOOOO
MY COINS NO LONGER HIGH
I SOMETIMES WISH I'D HODLED NEVER MORE

I see a little head and shoulders of a man
Holy shit! Holy shit! Do the toaster-bath tango!
Red candles its tanking, motherfucking banking JEWS
My Cardano! My Monero! My poor D0B0! My C R O! My Hpos10Inu.
Watch it gooooooooo.
Im just a poor boy, everybody FUDs me.
Hes just a poor boy, buying shitty NFTs!
Spare him this crash 'fore he ropes in the trees!

Buy - it dumps, sell - it pumps. WTFWT?
Bogdonoffs. NOOOOOO just got liquidated, let me gooo!
Bogdonoffs: We will not let you go. LET ME GO
Bogdonoffs: We will not let you go. LET ME GO
Will not let you go. LET ME GO
Never never never let you GOOOOOOO.
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
I am ruined I am ruined I am ruined let me go.
Beelzebub set a devilish bull trap for meee, for meeeee, for MEEEEEEEEEEEE

SOMEONE PLEASE SHILL A 100X MY GUYYYYY.
SHILL YOUR LOWCAP SHITCOIN MOONSHOTS BEFORE I DIEEEEEE.
Ohhhhhhhhh baby! Pajeets driving me crazy! Just gotta cash out, just gotta chash right out of here.

AAAAAAAAAA
AAAAAAAAAA

Timing doesnt matter, /biz/bros they can see
Clown world's all that matters
Clown world's all that matters to theeeeee.

Am I gonna make iiiiiiiiiit?

BTW, if anyone was thinking of getting into crypto, now is a good time. Everything is on sale

>>331513
>Russia set for complete ban on cryptocurrencies

Moar:
>RUSSIAN FSB RAIDS CRYPTO MINING FARM IN DAGESTAN
>The FSB yesterday (same day Russian central bank calls for full crypto ban) released a footage of a OP against crypto miners in Dagestan.
>Kazakhstan is a hot bed for mining cryptos especially bitcoin...
https://www.bitchute.com/video/fH0gTk1TKyfH/
An impressive mining setup.