jerrymahoney Posted November 24, 2022 Share Posted November 24, 2022 7 minutes ago, Neeranam said: If you haven't heard of those things, perhaps BTC is not something you should consider buying lol. Thank you. I haven't considered it. 1 Link to comment Share on other sites More sharing options...
fdsa Posted November 24, 2022 Share Posted November 24, 2022 31 minutes ago, Neeranam said: Metaverse bullshít 31 minutes ago, Neeranam said: DeFi has some use 31 minutes ago, Neeranam said: Web3 dafuq is that? crypto enthusiast since 2010 Link to comment Share on other sites More sharing options...
ozimoron Posted November 24, 2022 Share Posted November 24, 2022 1 minute ago, fdsa said: dafuq is that? tldr; scroll to the bottom. https://hbr.org/2022/05/what-is-web3 Link to comment Share on other sites More sharing options...
fdsa Posted November 24, 2022 Share Posted November 24, 2022 59 minutes ago, ozimoron said: tldr; scroll to the bottom. https://hbr.org/2022/05/what-is-web3 ok I got it, "web3" is a marketing bullshít for "application using blockchain technology" 1 Link to comment Share on other sites More sharing options...
PPGuy Posted November 24, 2022 Share Posted November 24, 2022 This is an opinion piece on The Guardian. The comments on the article are probably of as much interest. https://www.theguardian.com/commentisfree/2022/nov/23/ftx-binance-crypto-market#comment-159996703 1 Link to comment Share on other sites More sharing options...
Normaa Posted November 24, 2022 Share Posted November 24, 2022 1 hour ago, fdsa said: ok I got it, "web3" is a marketing bullshít for "application using blockchain technology" You're right but that being said, web3 is much more convenient to use than "application using blockchain technology" ???? https://hackernoon.com/web3-technologies-show-the-promise-of-achieving-the-original-vision-behind-the-world-wide-web 1 Link to comment Share on other sites More sharing options...
SheungWan Posted November 24, 2022 Share Posted November 24, 2022 2 hours ago, Normaa said: You're right but that being said, web3 is much more convenient to use than "application using blockchain technology" ???? https://hackernoon.com/web3-technologies-show-the-promise-of-achieving-the-original-vision-behind-the-world-wide-web "Scam", a much better description. 1 Link to comment Share on other sites More sharing options...
fdsa Posted November 24, 2022 Share Posted November 24, 2022 25 minutes ago, SheungWan said: "Scam", a much better description. do not mistake "web3" with "NFT" Link to comment Share on other sites More sharing options...
olfu Posted November 24, 2022 Share Posted November 24, 2022 After I watched crypto market for a while FTX claim bankruptcy and Bitcoin drop to 15K area. Thank you for the warning. Link to comment Share on other sites More sharing options...
jerrymahoney Posted November 24, 2022 Share Posted November 24, 2022 Now wait for the contingent of folks (here and elsewhere) who will claim that they saw they FTX debacle coming. 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted November 25, 2022 Share Posted November 25, 2022 36 minutes ago, Dead Cat Bounce said: what sort of mugs fall for these kind of snake-oil salesmen / film-flam artists <deleted>? ???? FTX’s list of investors spans powerful and well-known investment firms: NEA, IVP, Iconiq Capital, Third Point Ventures, Tiger Global, Altimeter Capital Management, Lux Capital, Mayfield, Insight Partners, Sequoia Capital, SoftBank, Lightspeed Venture Partners, Ribbit Capital, Temasek Holdings, BlackRock and Thoma Bravo. https://www.nytimes.com/2022/11/11/technology/ftx-investors-venture-capital.html 1 Link to comment Share on other sites More sharing options...
youngexpat Posted November 25, 2022 Share Posted November 25, 2022 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted November 25, 2022 Share Posted November 25, 2022 To the above: They forgot (now) convicted felon Ms. Elizabeth Holmes “First they think you're crazy, then they fight you, then you change the world.”... Link to comment Share on other sites More sharing options...
MrJ2U Posted November 25, 2022 Share Posted November 25, 2022 Almost down by 40%. 1 Link to comment Share on other sites More sharing options...
Phnom Penh Trader Posted November 25, 2022 Share Posted November 25, 2022 I have some Magic Beans for sale if anyone is interested,maybe Neeranam it looks like he’s willing to go all in on Tulip Bulbs etc? 1 Link to comment Share on other sites More sharing options...
Phnom Penh Trader Posted November 25, 2022 Share Posted November 25, 2022 Bankman-Fried the CEO of the now defunct FTX was the second largest contributor to the Democrat Party of the U.S.A. funny that who knew? 10% to the big guy and all that what the Hell were all those dead people thinking when they voted for Dementia Joe Jinping? Link to comment Share on other sites More sharing options...
Phnom Penh Trader Posted November 25, 2022 Share Posted November 25, 2022 An interesting website here for anyone that still thinks investing in Bitcoin and cryptocurrencies is a good idea : https://web3isgoinggreat.com 1 Link to comment Share on other sites More sharing options...
suzannegoh Posted November 25, 2022 Share Posted November 25, 2022 1 hour ago, Phnom Penh Trader said: I have some Magic Beans for sale if anyone is interested,maybe Neeranam it looks like he’s willing to go all in on Tulip Bulbs etc? Iraqi Dinar is where the action is. Link to comment Share on other sites More sharing options...
ding Posted November 25, 2022 Share Posted November 25, 2022 (edited) "hedge funds will be pumping this worthless crypto to the moon" Billionaire hedge fund managers disagree; Ray Dalio, Jeremy Grantham, Warren Buffet, Charley Munger, etc. Also, The irony of fiat currency critics recommending crypto is not lost on me. I love blockchain and some of the potential independence it represents. But until I can safely buy milk at 7-11 with it... I can't take crypto seriously. Edited November 25, 2022 by ding 1 Link to comment Share on other sites More sharing options...
Neeranam Posted November 25, 2022 Share Posted November 25, 2022 On 11/24/2022 at 7:39 PM, SheungWan said: "Scam", a much better description. How on earth is 'web3" a scam? Link to comment Share on other sites More sharing options...
bbi1 Posted November 25, 2022 Share Posted November 25, 2022 (edited) "I'm a total crypto sceptic. Check my past posts. But for the love of god there is a double digit inflation worldwide and I just can't in good faith watch my savings evaporate. " Ouch, a 60%+ loss from when you bought BTC has gotta hurt more than watching your savings evaporate ???? Hopefully you're not still holding and had a stop loss in place to exit. Edited November 25, 2022 by bbi1 1 Link to comment Share on other sites More sharing options...
Neeranam Posted November 25, 2022 Share Posted November 25, 2022 (edited) 3 hours ago, bbi1 said: "I'm a total crypto sceptic. Check my past posts. But for the love of god there is a double digit inflation worldwide and I just can't in good faith watch my savings evaporate. " Ouch, a 60%+ loss from when you bought BTC has gotta hurt more than watching your savings evaporate ???? Hopefully you're not still holding and had a stop loss in place to exit. 60% drop is normal in Crypto, selling would be a stupid thing to do. Edited November 25, 2022 by Neeranam Link to comment Share on other sites More sharing options...
Mac Mickmanus Posted November 25, 2022 Share Posted November 25, 2022 1 hour ago, Neeranam said: 60% drop is normal in Crypto, selling would be a stupid thing to do. Bitcoin has been falling in price for the past year , when will it begin to rise again ? 1 Link to comment Share on other sites More sharing options...
Neeranam Posted November 26, 2022 Share Posted November 26, 2022 7 hours ago, Mac Mickmanus said: Bitcoin has been falling in price for the past year , when will it begin to rise again ? The charts say Jan, 23. As there's bullish divergence on the weekly, now is a great time to buy. Link to comment Share on other sites More sharing options...
Neeranam Posted November 26, 2022 Share Posted November 26, 2022 8 hours ago, Mac Mickmanus said: Bitcoin has been falling in price for the past year , when will it begin to rise again ? Link to comment Share on other sites More sharing options...
jvs Posted November 26, 2022 Share Posted November 26, 2022 13 minutes ago, Neeranam said: I remember reading last year that by x-mass time (last year) bitcoin would be 124 000 dollars. I have absolutely no confidence in the so called professionals. Yes it has been going up and down in price a lot over the years but i do believe the circumstances now are much different from before. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted November 26, 2022 Share Posted November 26, 2022 4 minutes ago, jvs said: I remember reading last year that by x-mass time (last year) bitcoin would be 124 000 dollars. I have absolutely no confidence in the so called professionals. Yes it has been going up and down in price a lot over the years but i do believe the circumstances now are much different from before. Indeed, a lot of the so-called experts were wrong. The fundamentals are the same, just a lot of FUD, from people who don't understand crypto, shouting about how the last year it has dropped so much. This was totally expected and welcome. FTX hurt the space and the haters, who are hurting because their stock portfolios are down, are connecting FTX with BTC etc when traditional finance has had exactly the same things happen, Bernie Madoff, Enron etc. BTC is volatile and the haters were hating when it was $15. Every time there is a consolidation, they rush in calling investors idiots, as subconsciously they know they themselves are the fools for not buying BTC 2 years/7 years/10 years ago. BTC has outperformed everything over the last 10 years, and they are sore. However, they are very childish with their self-righteous indignation of those who have made a lot of money with BTC, but if it makes them feel superior, carry on. Link to comment Share on other sites More sharing options...
jvs Posted November 26, 2022 Share Posted November 26, 2022 16 minutes ago, Neeranam said: This was totally expected and welcome. Did you also expect this to happen? Link to comment Share on other sites More sharing options...
Neeranam Posted November 26, 2022 Share Posted November 26, 2022 3 minutes ago, jvs said: Did you also expect this to happen? The bear market ? Of course. Link to comment Share on other sites More sharing options...
jvs Posted November 26, 2022 Share Posted November 26, 2022 1 minute ago, Neeranam said: The bear market ? Of course. Sorry ,i just don't get it.If you are in the know as you claim to be then why not sell at the height and buy back now? Is that not what investing is all about,making money? 1 Link to comment Share on other sites More sharing options...
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