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Forum » Coincels Right Now...
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Thread: Coincels Right Now...

post 1639241333 05-23-2021, 10:34 AM
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#91
  1. sandaltan
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i feel bad for the noobs who bought at the top and finally panic sold or got liquidated this morning

non-noobs who've been in the market since pre-2017 will probably raise an eyebrow and be like...meh

you don't get an average annual return of 200% for 12 straight years without volatility like this
post 1639241873 05-23-2021, 10:45 AM
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#92
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post 1639242503 05-23-2021, 10:55 AM
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#93
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Originally Posted By SuperHercules⏩
bagholder cope
ive been a bagholder since 2016 brah

none of its a cope

cash is cope brah
post 1639242533 05-23-2021, 10:55 AM
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#94
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Originally Posted By imbored205⏩
this is a disaster!! Prices havent been this low since..... March 2021.
Bitcoin was at 49k on March 1st. It's 31k now. In March 2020 it was 5k.
post 1639242573 05-23-2021, 10:57 AM
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#95
  1. imbored21
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this is what normies get for falling for incel memes
post 1639242733 05-23-2021, 10:59 AM
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#96
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Originally Posted By ChrisLS8⏩
Nocoincels will be on suicide watch.

Currently staked 4k ADA coins. Das it mayne
You going to report your staking rewards on your taxes? That's one of the reasons I still haven't staked any of mine yet, not sure if I want that added headache. Wouldn't be as bad if there wasn't also locality taxes where I live.
post 1639245953 05-23-2021, 11:58 AM
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#97
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Movie in the making. Will there be more ups and downs? A crash? When you have avg celebs (not tech geeks) like Tom Brady investing in bitcoin, its over. Scam nearly completely.
post 1639246053 05-23-2021, 11:59 AM
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#98
  1. backinthegymbro
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Originally Posted By rootcon⏩
Movie in the making. Will there be more ups and downs? A crash? When you have avg celebs (not tech geeks) like Tom Brady investing in bitcoin, its over. Scam nearly completely.
People thought bitcoin was over when it went from 20k and crashed down to 3k. Then look what happened.
The truth is, we have no fukking idea what the end game is.
Cobra Kai never dies!
post 1639246623 05-23-2021, 12:13 PM
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#99
  1. OptimusTrajan
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Originally Posted By backinthegymbro⏩
People thought bitcoin was over when it went from 20k and crashed down to 3k. Then look what happened.
The truth is, we have no fukking idea what the end game is.
Crypto has no value other than what people think it is.

It's just speculative gambling. As long as people continue to think its worth something, it is.

Its like children using monopoly money.
post 1639247053 05-23-2021, 12:19 PM
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#100
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Originally Posted By ChrisLS8⏩
Nocoincels will be on suicide watch.

Currently staked 4k ADA coins. Das it mayne
damn homie -60% in a couple days

staking really keeping you afloat though right? LMAO
post 1639247543 05-23-2021, 12:26 PM
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#101
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threw some money at doge in early february (only like 75 $) ... should have sold right before the snl **** aired .... those that did were smart, oh well i knew i was gambling anyways
post 1639249073 05-23-2021, 12:51 PM
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#102
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Originally Posted By Uhyeahokay⏩
Crypto post of the year
post 1639249443 05-23-2021, 12:58 PM
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#103
  1. backinthegymbro
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Originally Posted By OptimusTrajan⏩
Crypto has no value other than what people think it is.

It's just speculative gambling. As long as people continue to think its worth something, it is.

Its like children using monopoly money.
Doesn't matter if it's worthless. From a logical point of view, diamonds are worthless too yet they cost a fortune. In the end you can make a lot of money or even become a millionaire with cryptos if lucky.
Cobra Kai never dies!
post 1639249833 05-23-2021, 01:04 PM
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#104
  1. BetaAsPhuck
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Originally Posted By OptimusTrajan⏩
Crypto has no value other than what people think it is.

It's just speculative gambling. As long as people continue to think its worth something, it is.

Its like children using monopoly money.
The industry hasn't matured yet - it's largely garbage - but blockchain technology (crypto) does have utility/value.

Currently it's like the Dot Com Bubble. People putting up half baked sites and services, and people throwing money into it to make money. It took a while for internet businesses as a market/industry to mature, and now today it's literally changed society and is used in almost every facet of life.

As long as the money printing continues though, people will throw money into something. The rich don't want to keep all their money in savings account, or a C.D which offers 0.07%.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1639250363 05-23-2021, 01:14 PM
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#105
  1. BulkingIsHard
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Originally Posted By backinthegymbro⏩
Doesn't matter if it's worthless. From a logical point of view, diamonds are worthless too yet they cost a fortune. In the end you can make a lot of money or even become a millionaire with cryptos if lucky.
Diamonds are not expensive at all, in fact most diamonds produced only have use in industry through cutting, grinding, drilling, etc..

Diamonds as jewelry are highly monopolized to reinforce scarcity and perception of value, in addition to the tedious labor required to produce the final diamond.

Crypto has zero industry applications.

Crypto has zero scarcity as hundreds of alt coins constantly pop up and die every month.

Crypto mining is not centralized to a single entity to constrict supply.

The only reason crypto has value is because people think it does. Go ahead. Try your luck in the ponzi. Maybe you’ll be able to sell in time at the top... or maybe not...
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1639250473 05-23-2021, 01:16 PM
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#106
  1. BetaAsPhuck
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Originally Posted By BulkingIsHard⏩
Crypto has zero industry applications.
That's not true, at all.

Do you know that Crypto is just an alternative way of saying a blockchain technology application or blockchain technology?

The industry has not matured yet, but when it comes to supply chain monitoring, gaming, the financial industry, livestreaming, video hosting, the fashion industry, etc, crypto does have applications either being used or are in development.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1639250963 05-23-2021, 01:25 PM
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#107
  1. badbart
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Lol, same thing every time. I bought 60 s19s when btc was at 8k, sold as I mined and mined 9 btc over a year, now I'm short btc. I'll wait until until btc is "dead" and do the same, the cycle repeats and my mine is still doing great.
post 1639251303 05-23-2021, 01:32 PM
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#108
  1. BulkingIsHard
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Originally Posted By BetaAsPhuck⏩
That's not true, at all.

Do you know that Crypto is just an alternative way of saying a blockchain technology application or blockchain technology?

The industry has not matured yet, but when it comes to supply chain monitoring, gaming, the financial industry, livestreaming, video hosting, the fashion industry, etc, crypto does have applications either being used or are in development.
Crypto (short for crypto-CURRENCY) is not blockchain lmao

Blockchain is just a software design pattern that can be integrated into any existing system.

Crypto is an implementation of blockchain that attempts to replace fiat, while solving none of the problems inherent to fiat and simultaneously creating multiple problems associated with unregulated, digital currencies.
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1639251423 05-23-2021, 01:34 PM
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#109
  1. backinthegymbro
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Originally Posted By BulkingIsHard⏩
Crypto has zero industry applications.

Crypto has zero scarcity as hundreds of alt coins constantly pop up and die every month.

Crypto mining is not centralized to a single entity to constrict supply.

The only reason crypto has value is because people think it does. Go ahead. Try your luck in the ponzi. Maybe you’ll be able to sell in time at the top... or maybe not...
None of that matters though. The point is, people can make a ton of money if they buy and sell and the right time. Who cares if it's actually worthless?
Cobra Kai never dies!
post 1639251773 05-23-2021, 01:39 PM
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#110
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Originally Posted By backinthegymbro⏩
None of that matters though. The point is, people can make a ton of money if they buy and sell and the right time. Who cares if it's actually worthless?
People care when you can't fking sell in time???

jfl you guys have no understanding of how quickly a ponzi can collapse when sentiment plummets
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1639251953 05-23-2021, 01:42 PM
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#111
  1. backinthegymbro
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Originally Posted By BulkingIsHard⏩
People care when you can't fking sell in time???

jfl you guys have no understanding of how quickly a ponzi can collapse when sentiment plummets
How do you go from caring when people can't sell in time, to my point of the actual value of crypto being zero not mattering as long as you make a profit by buying/selling at the right time?
Try to stay on topic.
Cobra Kai never dies!
post 1639252063 05-23-2021, 01:44 PM
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#112
  1. Contribution05
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Originally Posted By BulkingIsHard⏩
Crypto has zero scarcity as hundreds of alt coins constantly pop up and die every month.
all cryptos are not the same just as all metals aren't gold and all rocks aren't diamonds.

Bitcoin is quite scarce with a hard cap of 21 million.
post 1639252253 05-23-2021, 01:47 PM
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#113
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Originally Posted By BetaAsPhuck⏩
That's not true, at all.

Do you know that Crypto is just an alternative way of saying a blockchain technology application or blockchain technology?

The industry has not matured yet, but when it comes to supply chain monitoring, gaming, the financial industry, livestreaming, video hosting, the fashion industry, etc, crypto does have applications either being used or are in development.
Palantir replaced the need for blockchain and is completely superior. Srs.
post 1639252933 05-23-2021, 01:59 PM
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#114
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Originally Posted By BulkingIsHard⏩
Crypto (short for crypto-CURRENCY)
Crypto is short for cryptocurrency, crypto tokens, and crypto projects. When people talk about the crypto market and crypto industry they are referring to it all.

Crypto projects can mean DAPPs and sometimes even smartcontract platforms.

If you believe that Crypto refers to cryptocurrencies only, then by your reasoning if someone has a portfolio of crypto tokens (which are not cryptocurrencies); UNI, SUSHI, AAVE, COMP, CAKE and 1INCH then they don't own any crypto according to you, because they aren't cryptocurrencies.

Just listen to people when they talk about Crypto, they aren't strictly talking about cryptocurrencies. IME that's only what people who aren't active in crypto believe, they think Crypto = Bitcoin, or alternatives to Bitcoin.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1639253143 05-23-2021, 02:06 PM
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#115
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Originally Posted By Ochosiete⏩
threw some money at doge in early february (only like 75 $) ... should have sold right before the snl **** aired .... those that did were smart, oh well i knew i was gambling anyways
It will get back there eventually
Thanks for your input, you frauding fat slampig-Sirfapsalot '20

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post 1639253163 05-23-2021, 02:06 PM
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#116
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Originally Posted By backinthegymbro⏩
How do you go from caring when people can't sell in time, to my point of the actual value of crypto being zero not mattering as long as you make a profit by buying/selling at the right time?
Try to stay on topic.
You literally make no sense. I cannot comprehend what you’re trying to say here.

How did I go from considering people who can’t sell in time from your point that people should sell at the right time?
That’s my point you fking smoothbrain. It’s impossible to time a ponzi collapse. “Just sell bro” is stupid advice if you have enough capital to move the market, your exchange crashed, or you simply just weren’t watching the charts every 5 minutes 24/7.

Enjoy your ponzi goals of 2021
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1639253303 05-23-2021, 02:07 PM
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#117
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I wonder how much momentum crypto can maintain once everybody is forced back to work and no longer getting 100+% wage replacement to play video games all day.

It's one thing to throw free money into a moonshot; it's another when you have to wake-up at 6am and be a wage-cel to make ends meet and then put your hard-earned $15/hr into the same moonshot.
Booo
post 1639253393 05-23-2021, 02:09 PM
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#118
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Originally Posted By Contribution05⏩
all cryptos are not the same just as all metals aren't gold and all rocks aren't diamonds.

Bitcoin is quite scarce with a hard cap of 21 million.
Incorrect. You are of the belief that Bitcoin occupies a unique niche and cannot be replaced. The reality is that the code is open source and anyone is free to clone it and improve it.
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1639253473 05-23-2021, 02:10 PM
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#119
  1. backinthegymbro
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[QUOTE=BulkingIsHard post_id=1639253163]You literally make no sense. I cannot comprehend what you’re trying to say here.

How did I go from considering people who can’t sell in time from your point that people should sell at the right time?
That’s my point you fking smoothbrain. It’s impossible to time a ponzi collapse. [/img][/QUOTE]Yes it's impossible to predict the future, no fukking chit. It doesn't matter if crypto is worthless. The point is: if you happen to buy and sell at the right time, whether through luck or good judgement etc, then you can/could've made a ton of money.
So you can keep calling it a Ponzi scheme all you want, but all that is completely irrelevant.

From a financial point of view: what does it matter whether you make a million investing in amazon stocks in 1990 till now, or whether you make a million in 2 years investing in dogecoin? I'll tell you: there is no difference. Money is Money.
Cobra Kai never dies!
post 1639253503 05-23-2021, 02:11 PM
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#120
  1. badbart
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Most of you people are idiots, BTC went from 4k-65k. If you can't capitalize on that and make money you must be retarded. If course its going to correct when BTC has had a 1500% run up.
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