Current Events > What's your excuse for not having crypto?

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elysdeon
05/03/21 1:34:58 AM
#1:


The market is booming like crazy now. It's like free money. If you buy and hold well established coins you're almost guaranteed to make money. In the long run of course; you can definitely lose money in the short term or if you choose to sell at a loss.

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Irony
05/03/21 1:35:54 AM
#2:


Because if I do it'll get banned or something

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Mezcla
05/03/21 1:37:23 AM
#3:


my 100 purchase of bitcoin about 5 years ago is now worth about 1800 dollars.

but yeah

totally a scam right?

run by uh... run by... whos running this scam again?

Oh yeah

DA LIBERALS

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Nukazie
05/03/21 1:37:27 AM
#4:


is that like gambling or something, i thought those were going to be regulated and shit

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1337toothbrush
05/03/21 1:38:32 AM
#5:


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Malcrasternus
05/03/21 1:38:57 AM
#6:


Because I'm incredibly lazy.

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Medz2021
05/03/21 1:39:17 AM
#7:


Only the rich gets richer

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Medussa
05/03/21 1:39:39 AM
#8:


elysdeon posted...
It's like free money.

this is what investors were telling themselves 100 years ago, too.

don't get me wrong, i have some, too, and moderate faith in the technology. but there are lots of ways this can go wrong for people. don't go in for more than you can afford to set on fire.

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Paragon21XX
05/03/21 1:39:42 AM
#9:


Anyone who supports cryptocurrency in any way is a climate change denier.

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Hmm...
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elysdeon
05/03/21 1:39:55 AM
#10:


1337toothbrush posted...
Because I don't believe in the underlying "asset".
If you bought Ethereum a year ago it was worth about $200-ish. Right now It's almost $3100. lmaoooo

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1337toothbrush
05/03/21 1:41:59 AM
#11:


elysdeon posted...
If you bought Ethereum a year ago it was worth about $200-ish. Right now It's almost $3100. lmaoooo
There are plenty of things that rocket up in price, doesn't mean it'll hold.

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jon1012
05/03/21 1:42:39 AM
#12:


Had crypto since 2013

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DoomtheGrav
05/03/21 1:44:21 AM
#13:


https://mobile.twitter.com/MoltisantiThots/status/1385626589082292227
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fuming
05/03/21 1:47:38 AM
#14:


it's dumb as hell. useless shit that means nothing and is just speculation for the rich and only has value because the rich believe it does. some dumb rich guy like elon just tweets something and rakes in money because other dumb rich guys buy in. I don't have any use at all for crypto outside of an investment, but only rich people can afford investments. my money has to go to paying the bills and keeping my household going.
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Rob Cesternino
05/03/21 1:48:41 AM
#15:


This is their excuse: https://gamefaqs.gamespot.com/boards/400-current-events/79437757

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Turbam
05/03/21 1:50:56 AM
#16:


I got crypto tho!

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Frizzurd
05/03/21 1:58:24 AM
#17:


I haven't learned about this stuff, and I have all this scam college debt that would suck away any gain from it, if I even did get lucky.
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MabusIncarnate
05/03/21 2:01:26 AM
#18:


I own 13k Dogecoin though

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Beveren_Rabbit
05/03/21 2:05:13 AM
#19:


how soon do you get free money from it? Will you be able to make a decent profit within less a year?!
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MabusIncarnate
05/03/21 2:06:03 AM
#20:


Beveren_Rabbit posted...
how soon do you get free money from it? Will you be able to make a decent profit within less a year?!
I bought $130 worth of Doge 5 months ago and it's worth $6000 right now

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elysdeon
05/03/21 2:10:49 AM
#21:


Rob Cesternino posted...
This is their excuse: https://gamefaqs.gamespot.com/boards/400-current-events/79437757
Bill Maher is such a hack. I used to watch him like 5 years or so ago but I definitely don't anymore. He's an old bitter boomer for some reason

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So you think I don't have a wife? I so do have one and she is HUGE, bigger than yours and way cooler.
you just can't see her -Lynx the Dark
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ssjevot
05/03/21 2:12:41 AM
#22:




Beveren_Rabbit posted...
how soon do you get free money from it? Will you be able to make a decent profit within less a year?!

I made a lot of money over the last year, but buying right now won't guarantee big profits. A lot of people don't mention the market was at a very low point last April. People thought you were crazy if you bought then. Now everyone and their mom wants in. Don't expect to be making crazy 10 times gains if you buy now.

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YugiNoob
05/03/21 2:13:38 AM
#23:


I would've bought Dogecoin but I don't understand how :<

Also Hawaii makes it difficult to buy crypto...

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Giblet_Enjoyer
05/03/21 2:13:44 AM
#24:


I held over a million eRSDL half a year ago but sold it like 2 weeks later for around 50% gain. Look what they're worth currently

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UnholyMudcrab
05/03/21 2:19:00 AM
#25:


elysdeon posted...
It's like free money.
What an extraordinarily irresponsible thing to say.

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BlockAddition
05/03/21 2:20:45 AM
#26:


Scam, bubble, ponzi, pyramid etc

Nah but really I feel I've missed the boat and now I'm just super bitter about it

/ce logic

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elysdeon
05/03/21 2:21:56 AM
#27:


UnholyMudcrab posted...
What an extraordinarily irresponsible thing to say.
Been good for me so far

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So you think I don't have a wife? I so do have one and she is HUGE, bigger than yours and way cooler.
you just can't see her -Lynx the Dark
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AssAssasin69
05/03/21 2:22:36 AM
#28:


I'm waiting for money to deposit into my bank account, which won't happen until Friday

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elysdeon
05/03/21 2:23:35 AM
#29:


AssAssasin69 posted...
I'm waiting for money to deposit into my bank account, which won't happen until Friday
That's rough

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So you think I don't have a wife? I so do have one and she is HUGE, bigger than yours and way cooler.
you just can't see her -Lynx the Dark
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Lokison
05/03/21 2:28:02 AM
#30:


I always to late. I do have a VERY small amount of ETH though

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ReignFury
05/03/21 2:36:12 AM
#31:


I made $20k on bitcoin. Potentially could have made $250k selling at the right time but I got spooked by a buddy who was predicting a crash in 2017. Hes rich so I listened to him.

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Zeus
05/03/21 2:41:19 AM
#32:


What's your excuse for not having crypto?

What's your excuse for having crypto?


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elysdeon
05/03/21 2:50:51 AM
#33:


Zeus posted...
What's your excuse for having crypto?
why shouldn't I?

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So you think I don't have a wife? I so do have one and she is HUGE, bigger than yours and way cooler.
you just can't see her -Lynx the Dark
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ReignFury
05/03/21 2:53:34 AM
#34:


My concern going forward is oversaturation, there are currently 4 thousand cryptos with thousands that failed. In the future how much are these going to grow or be worth when theres a million?

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Sictis
05/03/21 2:54:53 AM
#35:


Too lazy and dumb to figure it out

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MabusIncarnate
05/03/21 3:02:10 AM
#36:


Sictis posted...
Too lazy and dumb to figure it out
Nah, don't insult yourself.

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TrollTrace
05/03/21 1:23:24 PM
#37:


Sictis posted...
Too lazy and dumb to figure it out

Dude all you have to do is open a robinhood account, no different than opening a gamefaqs account, then robinhood guarantees your first $1000 deposits instantly as you deposit. You take that money and buy crypto. With doge at .4 right now i would wait and hopefully buy around the 20 cent range, that crypto is going to go up for sure to around a dollar anytime this year. Through robinhood you are not actually buying the token but a note of the token, so you do not have to handle the crypto or open a digital wallet etc. Its easy to buy crypto through a brokerage, its people who buy through coinbase that confuse everyone by physically owning it even though you cannot buy anything with them except trade them for cash, and the only one you can do that with is bitcoin.
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TrollTrace
05/03/21 1:29:37 PM
#38:


ReignFury posted...
I made $20k on bitcoin. Potentially could have made $250k selling at the right time but I got spooked by a buddy who was predicting a crash in 2017. Hes rich so I listened to him.

Your buddy is not as good of a buddy as you might think. I also had a similar problem. I owned 1 physical bitcoin and sold at 100% profit margin, then 3 months later it was like 2000% higher or something wild like this. I was pissed.
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Robot2600
05/03/21 1:47:21 PM
#39:


PSA: You can buy ETH, BTC, Doge easily enough on Robinhood.
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1337toothbrush
05/03/21 2:18:35 PM
#40:


Robot2600 posted...
PSA: You can buy ETH, BTC, Doge easily enough on Robinhood.
PSA: You don't actually hold those coins when you buy through Robinhood.

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#41
Post #41 was unavailable or deleted.
1337toothbrush
05/03/21 2:20:03 PM
#42:


TrollTrace posted...
Your buddy is not as good of a buddy as you might think. I also had a similar problem. I owned 1 physical bitcoin and sold at 100% profit margin, then 3 months later it was like 2000% higher or something wild like this. I was pissed.
Except you would've been pissed if you held and it massively dropped. It's best not to dwell on what-ifs and if-onlys. A profit is a profit. Learn from the past and push forward. There are plenty of opportunities out there.

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DyingPancake
05/03/21 2:20:54 PM
#43:


elysdeon posted...
If you bought Ethereum a year ago it was worth about $200-ish. Right now It's almost $3100. lmaoooo

Yea, I used to have 10 of them....

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VigorouslySwish
05/03/21 2:32:09 PM
#44:


Paragon21XX posted...
Anyone who supports cryptocurrency in any way is a climate change denier.

The problem is already solved with ethereum and newer coins. Ethereum exploded today because of this.

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VigorouslySwish
05/03/21 2:33:14 PM
#45:


Robot2600 posted...
PSA: You can buy ETH, BTC, Doge easily enough on Robinhood.

yeah but dont, use literally anything else instead

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MarthGoomba
05/03/21 2:36:32 PM
#46:


Paragon21XX posted...
Anyone who supports cryptocurrency in any way is a climate change denier.

But I hold Algorand which is carbon negative
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Giblet_Enjoyer
05/03/21 4:44:02 PM
#47:


VigorouslySwish posted...
The problem is already solved with ethereum and newer coins. Ethereum exploded today because of this.
Except that's not true because king shitcoin is still using PoW. derp

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1337toothbrush
05/03/21 5:14:24 PM
#48:


Giblet_Enjoyer posted...
Except that's not true because king shitcoin is still using PoW. derp
Did ethereum even switch yet? I thought it had a ways to go.

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ssjevot
05/03/21 5:42:06 PM
#49:


1337toothbrush posted...
Did ethereum even switch yet? I thought it had a ways to go.

Technically it has both right now. PoS and PoW, it will eventually get rid of PoW once it is sure PoS will be safe and stable. You can become a PoW validator right now and stake coins for rewards.

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TrollTrace
05/03/21 9:00:04 PM
#50:


1337toothbrush posted...
PSA: You don't actually hold those coins when you buy through Robinhood.

it does not matter if you hold them, you technically own them as notes and they are redeemable for cash...literally no one pays with actual crypto. Cash will never disappear, the value of the crypto is valued in reference to the country of residency's currency. Its better to use robinhood than coinbase, i have used both. Coinbase sucks. Once robinhood creates digital wallets we will be able to exchange our token notes for actual crypto which we can annoyingly use to pay cashiers with and confuse the heck out of them. Bye bye coinbase.
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