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Crypto Currencies ~ " Duck Tales Spin From The Crypt"

Discussion in 'Stocks & Investments' started by Guerrilla, Oct 13, 2017.

  1. Jun 2, 2021 at 12:42 PM
    #8941
    Tee Arghhhhhh Dee

    Tee Arghhhhhh Dee is typing...

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    My baby ALGO finally making some moves.
     
  2. Jun 2, 2021 at 12:53 PM
    #8942
    Rattletrap66

    Rattletrap66 (ノಠ益ಠ)ノ彡┻━┻

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    Everything is green :bananadance:
     
    Tee Arghhhhhh Dee likes this.
  3. Jun 8, 2021 at 12:18 PM
    #8943
    anthonynoriega

    anthonynoriega I just wanna disappear and find nothing.

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    Is the something I could be doing better with my very limited crypto skills and investments?
    I am using Coinbase and I drop in $10 here, $20 there once/twice a week...as my fun money allows I am not moving thousands of dollars.
    I have a split between BTC, BCH, ETH, LTC and a few others....
    I also have a Coinbase wallet, and a BTC wallet....

    Are there other apps that could help manage this better?
    I see the entire market is taking a hit at the moment amongst the major currencies... should I move these I have today elsewhere?

    Just looking for some potential pointers, tips, tricks?

    Or feel free to tell me to just shut the front door and just leave it alone.
     
    taco-99 likes this.
  4. Jun 8, 2021 at 12:37 PM
    #8944
    Hextall

    Hextall Well-Known Member

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    I am in no way anything approaching a huge player in crypto, but a few things I think you could do would get the rewards on coinbase (watch videos, answer questions, get free crypto... convert of keep as is). I think I made about $40 (which is a big percentage compared to teh $100 I've transferred there).

    The other thing would be to take a look at the stakable cyrptos on coinbase. I consolidated a lot of that free crypto I got from teh rewards into Algo as it was the only one that I saw a significant amount of reward due to staking.

    The only other thing I'm doing is buying/selling doge on Webull, but again, it's pennies I'm making. It's just some silly fun on the side I like doing. I have no illusions that either of these are going to produce FU money for me.
     
  5. Jun 8, 2021 at 12:39 PM
    #8945
    anthonynoriega

    anthonynoriega I just wanna disappear and find nothing.

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    Yeah, I did all that and got the freebies and put some of them toward BTC.

    Seems like I just need to not take too much from the market dive at the moment and let the dip, dip, and wait for a potential uplift.
     
    bulleit95 likes this.
  6. Jun 8, 2021 at 6:59 PM
    #8946
    The_Hodge

    The_Hodge Volunteer Moderator

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    Seeing the third gen section forced me to get a Ford...
    get coinbase pro and it'll cut down your fees. you can transfer back and forth between coinbase and coinbase pro for free. i keep my ALGO on coinbase (for the 6% APY) and everything else in pro.
     
  7. Jun 8, 2021 at 9:54 PM
    #8947
    taco-99

    taco-99 New Member

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    Hi all, taco n00b here, recent new TW member, I found this longtime crypto thread. I started in BTC in 2013.

    It was already too late to mine on consumer hardware (I fried a laptop mining LTC). I was an early adopter of a new one, PrimeCoin. It actually had a use case. I grabbed a couple of junk servers from work, mined for a few months. It went away, but I was able to flip it for .5 BTC, now, very well worth the trouble and electricity.

    My recommendation now? Don't chase the alts. BTC is the Old One. If you are technically inclined and think that some alt has a valid use case, then by all means, get involved. Most crypto has a good community, if you can help, do so!

    Don't fall in to the trap of "Ooh, one Bitcoin is so expensive, I'll do this one for ten cents". Crypto can be divided into millionths. $20 in one crypto is the same as $20 in another.

    When MtGox was a thing, I had a balancing bot running locally (Linux). I could set a spread, it would buy/sell to my advantage much better than I could. It ran 24/7 with no intervention from me. Gox went away, Mark Karpeles owes me (!!!) I am officially a creditor in the Japanese court system. I will probably only get 21% return, but that's better than nothing. Mark K. stole 5.22 BTC from me....

    I am a fan of DCA (Dollar Cost Averaging). I quit smoking cigarettes, and put that same amount of $$$ into BTC monthly. People that want to chase the market hard often don't have much of a life, otherwise. DCA lets me sleep easy, no alarms to wake me.

    For the USA I would recommend Coinbase, they jumped through many, many hoops to be legal in all 50 states. I was involved in BTC-E (.com), that was sketchy, got my BTC out before the FBI did a very strange bust there. Registered in Cypress, servers were in Bulgaria, the owners were in .RU, other things were likewise obscured. I wasn't doing anything wrong, I was using TOR, no way to track back to me, but it was still scary. Gemini is good (Winklevoss Twins did very good there), and Kracken is a good international one as well.

    I was a lucky early adopter, I paid off 10 years of house payment, except for monthly electricity/internet/groceries, I am debt-free, thanks to BTC. I pay US Income Tax on my gains, never want to be looking over my shoulder, I'm all up front on my BTC sales.

    One thing I would recommend for crypto newbies? Figure out an offline stash, be it paper or hardware wallets. Name them by year, and if you sell, only sell from a wallet that is over 365 days old. For USA (at least), the tax is perhaps half on long-term cap gains tax, compared to short-term.

    I am old, and recently retired from Real Work. I am not wealthy, my 2008 Taco is the newest vehicle I own! I burned most of my BTC stash paying off my house, yet I still buy a small, fixed amount every week.

    [​IMG]
     
    Last edited: Jun 9, 2021
  8. Jun 10, 2021 at 9:19 AM
    #8948
    slodoug

    slodoug Well-Known Member

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    BTG on a tear past few days
     
  9. Jun 10, 2021 at 9:22 AM
    #8949
    anthonynoriega

    anthonynoriega I just wanna disappear and find nothing.

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    Just saw that... Coinbase says it is not a supported asset.
    How you get in on that?
     
  10. Jun 10, 2021 at 9:50 AM
    #8950
    slodoug

    slodoug Well-Known Member

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    services like simplswap and others carry it, just find one. I occasionally mine it but it takes so long to confirm its easier to nicehash and buy it.
     
  11. Jun 10, 2021 at 9:52 AM
    #8951
    Rattletrap66

    Rattletrap66 (ノಠ益ಠ)ノ彡┻━┻

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  12. Jun 10, 2021 at 11:48 AM
    #8952
    taco-99

    taco-99 New Member

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    quoted from bitcointalk.org earlier today:

    If anyone here is keeping an eye on the mempool like I am you would have noticed a huge increase in transactions today. For the last few weeks we have pretty much been running empty blocks. Number of transactions in the pipeline has been sitting below 2000 for a good portion of the time and often into the hundreds at certain stages.

    Well, today the number of transaction rocketed up to over 40,000 (currently above 20k). This could mean 2 things, someone has spammed the network in a massive way after the El Salvador announcement to make it look like demand for Bitcoin has returned. Or demand has actually returned. Considering the bounce in the price it may very well be the second option. To see if we get any follow through on this recent event we should see continued high transaction numbers. Keeping an eye on new short-term holder addresses is also a good way to confirm the demand, an increase in these addresses would mean an increase in demand for BTC again.
     
  13. Jun 20, 2021 at 8:36 AM
    #8953
    boostedka

    boostedka Well-Known Member

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    Some good explanations, IMO, for this current pullback:

     
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  14. Jun 20, 2021 at 1:59 PM
    #8954
    tacomakid96

    tacomakid96 Lions Not Sheep

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    I’m interested what happens with the futures contracts this week along with the death cross. Can’t really seeing things get worse than what’s been going on.
     
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  15. Jun 20, 2021 at 3:35 PM
    #8955
    Tacomania

    Tacomania IG: _tacomania

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    images.jpeg-2.jpg
     
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  16. Jun 21, 2021 at 4:40 AM
    #8956
    1bad2k

    1bad2k Well-Known Member

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    Another beautiful red sunrise in the crypto world :rolleyes:
     
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  17. Jun 21, 2021 at 7:10 AM
    #8957
    tacomakid96

    tacomakid96 Lions Not Sheep

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    Red sky's in the morning investor takes warning.
     
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  18. Jun 21, 2021 at 8:37 AM
    #8958
    Haslefre

    Haslefre Well-Known Member

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    Some flags and center console divider... lots of things on the wanted list.
    I haven't even opened my exchanges in over a week. Just no point
     
  19. Jun 21, 2021 at 2:59 PM
    #8959
    Tacomania

    Tacomania IG: _tacomania

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  20. Jun 23, 2021 at 12:05 PM
    #8960
    16roller

    16roller Well-Known Member

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    crypto will continue to have significant selling pressure until AMC/GME have finished the squeeze. Due to increased margin requirements for HF's to maintain their losing position.
     

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