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Feb 8 2021 04:12pm
Quote (SaF7 @ Feb 8 2021 01:19pm)
Started up coinbase, about to drop some coins into some fake coins.


Which fake coins do I want?

Btc, eth, link, ltc, bch, xlm, atom, xtz, any I'm missing? Tron isn't on coinbase


ada

Also make sure to get a wallet for your crypto if you are putting sizable money in

This post was edited by potentate on Feb 8 2021 04:13pm
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Feb 8 2021 04:17pm
Quote (potentate @ Feb 8 2021 05:12pm)
ada

Also make sure to get a wallet for your crypto if you are putting sizable money in



Definitely need that for my 300 dogecoins
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Feb 8 2021 04:18pm
Quote (Noun @ Feb 8 2021 02:17pm)
Definitely need that for my 300 dogecoins


doggie to the mooon 🚀🚀🚀🚀🚀
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Feb 8 2021 04:19pm
I would just try to stay with BTC. It isnt going down.
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Feb 8 2021 04:21pm
Quote (Crunkt @ Feb 8 2021 05:19pm)
I would just try to stay with BTC. It isnt going down.



Why is btc worth so much professor crunkt? Educate me
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Feb 8 2021 04:25pm
Quote (Noun @ Feb 8 2021 11:21pm)
Why is btc worth so much professor crunkt? Educate me


It's the most established one, it's been around the longest, there's a fixed amount of BTC volume so you can't go above it. Currently there's 18.6m btc and the market cap is 21m.
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Feb 8 2021 04:31pm
Quote (Noun @ 8 Feb 2021 17:21)
Why is btc worth so much professor crunkt? Educate me



The infatuation the market has with Bitcoin is going to allow Vendors much easier access to processing Bitcoin payment systems using terminals. The expansion has not even begun to take hold and the availability of bitcoin to the end user is only going to get easier in the coming months/years. Think Bitcoin ATMs everywhere and POS terminals accepting your Bitcoin payment through your phone as a common payment method.

The demand for USD is decreasing across the world which is leading investors to target BTC as it allows them to Hedge against the decrease for demand. IF there becomes a correlation and more users change from investing in USD over to Bitcoin, that will only hasten the snowball in the evergrowing demand for BTC

Lastly, BTC is in a VERY unique market position as it is technically a currency itself that is being traded like a stock. In effect The Principles of asset trading and the principles of currency trading do not fully apply. BTC allows both markets to invest in with one product essentially allowing a greater scope of traders and overall interest to take shape, and this has no where near capped.

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Feb 8 2021 04:32pm
Quote (Crunkt @ Feb 8 2021 05:31pm)
The infatuation the market has with Bitcoin is going to allow Vendors much easier access to processing Bitcoin payment systems using terminals. The expansion has not even begun to take hold and the availability of bitcoin to the end user is only going to get easier in the coming months/years. Think Bitcoin ATMs everywhere and POS terminals accepting your Bitcoin payment through your phone as a common payment method.

The demand for USD is decreasing across the world which is leading investors to target BTC as it allows them to Hedge against the decrease for demand. IF there becomes a correlation and more users change from investing in USD over to Bitcoin, that will only hasten the snowball in the evergrowing demand for BTC

Lastly, BTC is in a VERY unique market position as it is technically a currency itself that is being traded like a stock. In effect The Principles of asset trading and the principles of currency trading do not fully apply. BTC allows both markets to invest in with one product essentially allowing a greater scope of traders and overall interest to take shape, and this has no where near capped.



Should I dump money into buying btc Dr Crunkt?
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Feb 8 2021 04:34pm
lowkey BTC is going to always increase in value, its the crypto version of gold basically
will it do dumb shit like dogecoin and GME and jump 1650% in like 3 days? no, but it'll be higher in a years time than it was last year etc
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Feb 8 2021 04:35pm
Quote (Noun @ 8 Feb 2021 17:32)
Should I dump money into buying btc Dr Crunkt?


Personally I think there will be another Valley By Valentines Day where you can get it like 5-10k cheaper.

But. Yes.
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