Doc Lynam
I hate the Daily Mail
- Jun 19, 2011
- 7,220
It's backed but, its back by 60% debt of different risk levels. But yeah it ain't perfect but neither is rehypothecation in the banking industry.
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[Finance] The cryptocurrency (Bitcoin etc) thread
- Thread starter Sirius76
- Start date
It's backed but, its back by 60% debt of different risk levels. But yeah it ain't perfect but neither is rehypothecation in the banking industry.
According to Buttcoin, number go up because they've started churning out unbacked Tether again. Sounds about right
Don't anyone let THPP know someone paid £70k for an NFT of a rock!
https://gadgets.ndtv.com/cryptocurr...elling-sales-eth-ethereum-cryptopunks-2506912
Still a lot more comfortable to sleep on stuffed into your mattress than an actual rock, but crazy money.
Doc Lynam
I hate the Daily Mail
- Jun 19, 2011
- 7,220
If that your view then everything in life's a gamble but i think there's a difference between an investor looking at long term investment not worried about price over the short and medium term and a speculator after short term price action. Most in crypto are of a speculator mindset which is why is so volatile and manipulatable.
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 70,625
OK Doc, you win. I have absolutely NO idea what that word means. And have ZERO intention of being arsed to look it up
Doc Lynam
I hate the Daily Mail
- Jun 19, 2011
- 7,220
OK Doc, you win. I have absolutely NO idea what that word means. And have ZERO intention of being arsed to look it up
Its when you deposit your money in your interest account and they lend it to HSBC, who lends it to Barclays, who lends it Santander, who lends it Well Fargo, who lends it to JP Morgan, who lends it to a mortgage provider who lends it to Tom and Sue in the mid west, who have no ability to pay back the loan as Sue has just been made redundant.
Hundreds of thousands of Toms and Sue's equals quantitative easing too head off a massive recession.
Quantitative easing as one of many other things equals as you said Buttcoin.
sydney
tinky ****in winky
OK Doc, you win. I have absolutely NO idea what that word means. And have ZERO intention of being arsed to look it up
he made it up ...
and manipulatable is made up too shirley....
sydney
tinky ****in winky
no it will stay in your coinbase account until you transfer it back as a withdrawal.
Gazwag
5 millionth post poster
Did you get stung for fees, use coinbase pro very cheap fees and free transfers in and out of your bank. You can transfer between Coinbase and Coinbase Pro for free
KeegansHairPiece
New member
- Jan 28, 2016
- 1,829
Ha well that was yesterday and it's fallen along with BTC... it will be back soonIt's as if your post triggered a sharp fall. Well done.
Djmiles
Barndoor Holroyd
Been a little while since I posted on here, I remember being told 2 months ago we were in a bear market. Awkward.
Dollar cost averaged in during the slump, so sitting 25% up now. Expecting to see Ethereum test all time highs come September, with an eventual push to $5k not long after.
Dollar cost averaged in during the slump, so sitting 25% up now. Expecting to see Ethereum test all time highs come September, with an eventual push to $5k not long after.
New All Time High for Terra Luna today and UST showing the way for stable coins.
Loads of projects in the wings waiting to launch, once the upgrade goes live, watch this space.
Loads of projects in the wings waiting to launch, once the upgrade goes live, watch this space.
KeegansHairPiece
New member
- Jan 28, 2016
- 1,829
I've got a bit of Luna. Just a bit. My small crypto chunks into 38% profit over the last week or so following a long period in the red...
I've got a bit of Luna. Just a bit. My small crypto chunks into 38% profit over the last week or so following a long period in the red...
Have you staked it or is it just resting in a wallet?
This one can work really hard for you, when you start adding up all the drops and staking returns for anchor, mirror, UST and Mine. There are around 20 projects in the pipeline all with airdrops planned, if you stake your Luna.
KeegansHairPiece
New member
- Jan 28, 2016
- 1,829
Nope, not even in a wallet, just in my exchange account.
You can install the Terra Station Wallet on your mobile and transfer your coins there. It is a good place to start. It can be a bit daunting first time you make a transfer, but there is also plenty of step by step guides, which if you follow them carefully and take your time, it will be fine.
SK1NT
Well-known member
I am gutted as I was putting a cpl of grand into cardano when they were .75 now 1.20 but the apps just wanted IDs, salary details etc. Even when I tried it kept rejecting my passport. So much for being anonymous and decentralised. Have to give my life story to buy and sell. Back in the day this was never like that. I understand it’s to stop money laundering but it’s a bit over the top.