The StoNks thread

[bubur]

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its fucking ogre. sell everything

[Gravydoo II]

How does it gain value? Like, what is it backed by? Just, humanity? Faith in the bit or is there like some vault somewhere full of jewels, gold, tesla cyber trucks, and other things of value?

[Jibartik]

Originally Posted by Gravydoo II [You must be logged in to view images. Log in or Register.]

How does it gain value? Like, what is it backed by? Just, humanity? Faith in the bit or is there like some vault somewhere full of jewels, gold, tesla cyber trucks, and other things of value?

https://www.tiktok.com/@softboi_mark...18017591346693

[Mblake1981]

TikTok is a CCP backed social media site.

Mega Pass

[Patriam1066]

Really glad I never thought crypto was a good idea

[Gwaihir]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Really glad I never thought crypto was a good idea

For BTC:
It needs to retrace all the way down to 20k to complete it's cycle. Then it will bounce +/-10% for till about 18 months before the next "halving". They're also talking about completely revamping how "mining" works to "reduce it's carbon footprint" which is a fundamental change which may completely devastate it's value.

Doge, and XRP are fiat cryptocurrency is with essentially no value whatsoever. If etherium holds true to it's foundation, it's the only crypto with a functional value moving forward due to having a "cost of production"

[Patriam1066]

Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]

For BTC:
It needs to retrace all the way down to 20k to complete it's cycle. Then it will bounce +/-10% for till about 18 months before the next "halving". They're also talking about completely revamping how "mining" works to "reduce it's carbon footprint" which is a fundamental change which may completely devastate it's value.

Doge, and XRP are fiat cryptocurrency is with essentially no value whatsoever. If etherium holds true to it's foundation, it's the only crypto with a functional value moving forward due to having a "cost of production"

I agree with you on Ethereum. If it gets to $500 I’ll buy a bunch

[Byue]

I'm doing terribly because I don't manage my own money.
Some dude I have since I am 7 does it for me and the family.

I don't know but stonks.
and gains.

buy low sell high.
I have no idea.

But my guy is doing well.
Maybe I should sell my bitcoins though.

[Jibartik]

IMO the only thing that is goign to stop BC from reaching infiniate heights, is if quantum computing can crack the 256 hash. But other than that it seems to be here to stay.

Eventually people will need to transfer wealth between planets and if BC is still uncracked, it will be BC.

[Byue]

I mean, I never wanted to buy crypto.
There was just this guy at occupy that kept raging about it and I bought 1grand worth to shut him up and who's laughing now.