I predict Doge will be near or past $1 when we all wake up.
ETH will see $3000 tomorrow too.
Just a hunch.
Thanks for the info.
I have 2 friends, one who bought around £10k worth of crypto and hasn't got a wallet, just stored on Coinbase.
The other around £1k and bought a Yubikey, I only asked as most of the crypto information that I have read suggests you need a wallet of some kind or risk having your crypto hacked/stolen.
That’s crazy Raffe! I must admit buying a little Doge a week or so ago, and I’ve been buying and selling the swings. It’s proving easy money, but I’ll be easing out of it as time passes. It’s clearly a massive pump and dump
Someone who lies about the little things will lie about the big things too.
My only dabble with the Dogey was to buy last Friday afternoon at $0.28 and sell on Wednesday morning at $0.67.
Only other one I have some of is ETH. Swopped my BTC to ETH a couple of weeks ago. 👍🏼
The £1000 I put into my recently opened Binance account is currently worth £2800.
Just wish I had similar success on the stonks.
"Well they would say that ... wouldn't they!"
Surprisingly, Doge caught a bid in the low 40s and is trading at $0.53 again. It's never easy, never one-way and the market will make sure to catch a maximum number of people in traps.
But volume has been low and I expect bigger sellers above. We will find out, as always.
Someone who lies about the little things will lie about the big things too.
Someone who lies about the little things will lie about the big things too.
Someone who lies about the little things will lie about the big things too.
The pump continues:
But the company which SpaceX contracted for the mission has only 11 employees and $1.7 annual revenue...
https://twitter.com/GordonJohnson19/...13159895330823
Someone who lies about the little things will lie about the big things too.
Like the cartoon above there will always be doubts regarding crypto especially from traditional investors.
I get it must be frustrating if your a seasoned stock market trader watching the financially uneducated rolling in massive gains, some investing just a few dollars and being thousands of percent up a short time after.
I just see it as times change and to keep up you have to move with the times, I don’t think the big players in crypto are going anywhere other than up in the next 10 years, key will be spotting the next BC/ ETH if you want big gains..
How long will this bullrun continue? Ethereum rocketing
https://ca.finance.yahoo.com/news/cr...204306727.html
I have absolutely no idea ... I think the crypto boom has been greatly fuelled by the covid crisis ... a combination of loose money and people stuck at home wondering how they are going to make money has created the perfect storm.
Strikes me the whole gig will only keep rolling all the time new money is flowing in and looking at some of the posts on this site seems people are still buying into the crypto boom.
Clearly there is a redistribution of wealth going on ... I don't see any new wealth being created by any innovation, work or discovery so it is a pure redistribution and some people are doing very well out of it ... but unless the crypto boom finds a way to create value it just seems like a big churn and if you can get on the correct side of that then great but there is a risk that this will all crash at some point.
Same with Bitcoin, people were screaming its going to crash at 5k then 10k and so on, its just kept going with the odd dip being surpassed quite quickly, ETH surely has to take a dip soon but like BC I can see it powering through to who knows what highs.
Also some of these crypto's have been around quite a long time now and feel established investments, I say feel with a pinch of salt!
I've got plenty Alt's already a good mix of them, but over 50% of my portfolio is in Bitcoin.
Seriously starting to consider moving my Bitcoin to a selection of Top 10 Alt's which I feel have a lot further to run. If BTC does go to $100k then that's 'only' a 40% gain and expect resistance and consolidation at each $10k marker. Eth has done that gain in the past week.
Dfinity launching this evening on several exchanges. I don't remember too many coins getting listed on Binance/Coinbase on day 1
ICP is the ticker
https://dfinity.org/
https://www.bloomberg.com/news/video...internet-video
I'm in as soon as it launches so expect a huge dip!
Last edited by demonloop; 10th May 2021 at 15:59.
ETH continues to make fresh highs.. all driven by the crazy mad rush in those high risk pump n dump sh!tcoins.. Check SHIBA.. that alone 15x in a week on the DOGE-effect. Lots of other dog-related coins also going crazy with 200% moves EACH DAY!
All of these are driving the need to buy ETH.. so once the music stops.. thats when ETH will stop.
These small coin projects are all based off the Ethereum blockchain. To buy these tokens, you need to use a decentralised exchange (not the well known Binance, Kraken or Coinbase), and all the purchases need ETH to pay for the transaction fees (which are astronomical atm - like £200 to buy!), and also people would be switching ETH to said sh!t coin above.
I see a punters buying like £500 worth of these coins, pay the £200 transaction fees (round trip could be £400) so you need it to rise 80% just to break even! But SHIBA for instance if you bought £500 a couple weeks ago.. can now be sold for >£500k now.
This is why there's an endless stream of numpties all risking 'throwaway' amounts of money hoping to catch one of these pumps. So far it's working out and that's only driving further numpties into the trade.. Ponzi at its finest.. just don't be the last.
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It’s listed but there’s none for sale currently. Search for ICP
That's how desperation looks like:
Someone who lies about the little things will lie about the big things too.
Don't look at the Dailys, you'll win in the long term
A guy who works for me bought a whole Bitcoin at around £5k last year, it started dropping and got down to less than 4k so he shat himself and sold the lot making a loss, obviously we don't remind him of the price 12 months later.
Does look a solid project and I'll try and get in at some point, I see that its dropped back a fair bit from last night?
Currently I have a Binance and KuCoin account, would you say CoinBase is better? To me it looks like you need several accounts as not all crypto is available on all trading platforms..
It's back a bit, volatility expected at the start I suppose
I'm still well ahead, but it's a hold for me for now
I don't like the Coinbase interface, much prefer Binance
It's good to have accounts with several in case a particular coin isn't accessible on your preferred exchange
I think you need to use crypto to buy it.
I am a complete noob but that seems to be the case. I'm not sure whether to use bitcoin or something else, watching a video on trading at the minute.
I think I have a grand of Bitcoin now. Some 50 quids in xrp, doge (lol), and Cardano/ADA.
Was going to buy some etherium but it barely dipped.
So with the risk of being shot down in flames....SHIB anyone?
Incredible what some people have made, just having that foresight and belief!
I'm starting to play with small numbers but more importantly I'm trying to learn as much as I can and about crypto projects - whats the worse that can happen, I lose a few quid but hopefully the knowledge is worth it..
I have found my crypto wallet and I know o had a couple of grands worth of telcoin from a few years ago when I gave a tip on here. But I cant remember the logon etc although I do have the bit of paper where you write down all the words to get back into it. I assume the situation is retrievable?
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Last edited by ryanb741; 11th May 2021 at 20:01.
I'm up £5!!
Can't wait to invest more now.