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Crypto & NFTs


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On 10/6/2021 at 10:43 PM, melt city said:

High-volatility assets soon to be regulated or yeeted by big daddy like in China. As much as I appreciate entrepreneurship, the crypto community is full of scams, pumps and dudebros shilling the autismcoin.

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On 10/7/2021 at 4:42 PM, Horgen said:

The crypto investments are just temporarily and they're a short breath of air. Most guys want to risk their money for it and I don't personally have anything against it. Just make sure you know the market you want to invest good enough before making any moves that can be fatal.

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If you want to invest, invest properly - real estate, stakes at companies that have a good portfolio (it's a workload, but it is much more safer).

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Seems like you guys have been in the game as the spectators rather than the players otherwise you'd have a whole other perspective about it.

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I just see crypto as a temporary way to make money. Cryptocurrencies have so many flaws which might be solved in the future, but I just don't see cryptocurrencies replacing FIAT. There's no way the banks would allow that.ย 

Just hop aboard the hype train for now, might as well earn something. But I got a feeling it'll all come down crashing one day.ย 

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Anyway, is it just me or this bull run is taking longer than expected? Some had BTC going to $100k by the end of the year, doesn't seem too possible to me now.ย 

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23 hours ago, kojotot said:

I just see crypto as a temporary way to make money. Cryptocurrencies have so many flaws which might be solved in the future, but I just don't see cryptocurrencies replacing FIAT. There's no way the banks would allow that.ย 

Just hop aboard the hype train for now, might as well earn something. But I got a feeling it'll all come down crashing one day.ย 

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Anyway, is it just me or this bull run is taking longer than expected? Some had BTC going to $100k by the end of the year, doesn't seem too possible to me now.ย 

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Commonwealth bank of Australia is already embracing crypto trading, one of the biggest banks out there probs. Miami & NY are working on city coins for their communities and there's alot of countries/cities trying to catch up with the wave - shows significant signs of mass adoption imo and it's only going to get better over time. Cryptocurrency replacing fiat would be the most difficult challenge though, no government wants to lose control over monetary values. I think they'll end up making regulations for it eventually as they always do, just to keep their hand ontop of everything.

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  • 2 weeks later...

2016: Crypto will die, crypto is not the future (Bitcoin: $400)

2017: Crypto will die, crypto is not the future (Bitcoin: $3000)

2018: Crypto will die, crypto is not the future (Bitcoin: $7000)

2019: Crypto will die, crypto is not the future (Bitcoin: $11000)

2020: See it's not moving, crypto is dead (Bitcoin: $11000)

2021: Crypto will die, crypto is not the future (Bitcoin: $65000)

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Cope / Seethe | Know Your Meme

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People keep coping with their missed opportunity by hoping it just all suddenly crashes so they didn't make the wrong choice, even some people in this thread. But I definitely agree, invest in something that actually has purpose and can actually be used as a currency like Bitcoin, Ethereum, Cardano.. too many idiots that don't realize what crypto actually is, and just see it as some scheme to get rich. You're not "investing" in shiba inu coin or a squid game coin, you're just hoping to magically get rich and fixing to lose your money lol

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I've invested in some crypto trusts (GBTC, ETHE, LTCN, HZEN) but that's about it. I think cryptos have a future but it's only a matter of time before the government starts regulating them. Right now the IRS, as far as I understand, treats cryptos as property for tax purposes.ย 

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Crazy to see how people see crypto as a one time thing, yes it's volatile I'll agree there but there's a far bigger scope. I'm not too interested into talking about just assets, coins and tokens but the technology ahead.

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Cryptocurrencies engaged us with peer-2-peer interactions over the internet again, without knowing people have been introduced to Web 3.0 and this post-computing age will definitely be something to look forward too.

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Yup, it's volatile in the way that it can drop hard, but that means it's equally volatile when it skyrockets hard. And it always does rebound with a hard skyrocket. Even in college they teach about crypto, it's not something made up, it's likely the future of currency, I mean even governments are recognizing it. I wouldn't mind if government starts regulating, all the idiots who just use it to make money and keep crashing the value will be done. But I have to admit, it's nice being able to sell something and not having to worry about them charging back and scamming you. But for the buyer, that means you have to make sure you have a good product before you give them the money.ย 

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i got a couple racks on ETH, bought in around 2200. im just out here tryna make some extra bread im not too bright i dont understand the specifics behind the whole crypto operation. all i know is green candles good, red candles bad. sittin at 150% profits since buying in. holding till it surpasses $10,000.ย 

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