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Bitcoin and other Crypto...


Spy Bee
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2 hours ago, Spy Bee said:

It is decentralised cybersecurity. It's the global market leader (ahead of Google Virustotal) and already has a functioning business with partnerships and customers such as Kapersky, Microsoft, Alibaba, Verizon, QiAnXin etc. In time, it won't move with the whims of BTC because it operates in it's own ecosystem. I don't suggest you'll get 100x from here, but you could see a 10x or more. It's got a hugely professional team and I think the project is just really solid.

 

I've shilled this since it was 0.004 cents to be fair.

Anything else you want to shill?

Where do you get your early info on things?  I trade on Coinbase so my options are limited. 

 

Must say, BAT looks very promising.  I'm sold on the idea of a browser generating and managing some crypto, and being able to donate it to creators.  I think Usher should look into it for this site. 

 

For now I'm looking for a 3x crypto in the next 2 months or so, any suggestions? 

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38 minutes ago, Colonel Bumcunt said:

Anything else you want to shill?

Where do you get your early info on things?  I trade on Coinbase so my options are limited. 

 

Must say, BAT looks very promising.  I'm sold on the idea of a browser generating and managing some crypto, and being able to donate it to creators.  I think Usher should look into it for this site. 

 

For now I'm looking for a 3x crypto in the next 2 months or so, any suggestions? 

$ORN launches Orion Bridge in 2 weeks. There's not way the price won't at least double in the next month, it could 5x. Long term I think we'll see it as a $100 coin. It's currently $5.

 

$UNO and $LSS are good low market caps. When you're picking a $20m market cap, risk is higher, but so are rewards. $XHV has had many problems, but at $3 looks like a steal. I also think $JUP is at a very good buying price, but again, these are high risk-reward options. 

 

I am on a group with a bunch of lads that speculate. Then I use CT (Crypto Twitter) and all the links it provides for most of my research. Obviously Coingecko and Coinmarketcap will link you to whitepapers and the official websites etc.

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1 hour ago, Spy Bee said:

Yerwha?

I was being flippant, but overall prices are still way up with plenty of room to fall. Not a good spot here now to be too bearish in the short/medium term but hard to not look at practically every chart and realise its fucked completely on the longer time frame save for a handful of very small caps, look at something like SOL as an example. Wouldn't be touching that until $40 at least.

Things have got significantly harder over the the past 3/4 months. If you're coming in now to invest long term and HODL etc you are going to get destroyed. You need to dedicate a lot of time now to make any money let alone the big returns and even then no guarantees.

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Only holding BUSD & DAI. Getting 16% on my DAI in a Wirex liquidity

pool, and 8.5% for my BUSD in Celsius. Wirex also gives me WXT as a crypto reward and a healthy 12% on those holdings as I earn them. 
 

Promised myself I wouldn’t touch BTC until it busts through US$10,000 support.

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57 minutes ago, Spy Bee said:

I think we are going to $29,900

Agree. I think a lot has been bought via credit and those who have done so are now selling due to needing liquidity. I'm looking at mid Feb as the low point but the reality is, who knows. I do genuinely believe, however, this is a huge opportunity to buy in and then just sit on it long-term. A 400% ROI in 3-4 years is not outlandish I don't think. Not at all. Again though, we're in unchartered territory, and I'm sitting offering my views from Monkey Towers not Monkey Island, so what do I know.

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12 minutes ago, John102 said:

I know this may be a personal question but what sort of profits have all you traders made on the currencies?

I did 350% buying at a bad time (when things were very high) and after the market has dipped pretty spectacularly (I keep my money in, I don't try and sell high, buy low - I just leave it). If I'd bought now and we had the same upsurge as had happened, I'd be retired.

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17 minutes ago, John102 said:

I know this may be a personal question but what sort of profits have all you traders made on the currencies?

I've put about £15k in and took about £13k out and have about £25k still in.

 

This has been done in dribs and drabs since late 2017.

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I've a bit of NCT that Spy Bee recommended, and have been holding it for manys a month. Total cost was around $550.

Bought at an average of 1c. Plenty of times it dropped to 0.5c.

Last week it pumped hard and went up to 16c. Is that 1600%?

It's back down to around 5c now.

I took out my initial + a few hundred quid profit when it reached 10c.

So i now have 40,000 coins for free that I'll just let ride. SB reckons it'll do at least $1, and who the fuck am I to argue.

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49 minutes ago, Lario said:

I've a bit of NCT that Spy Bee recommended, and have been holding it for manys a month. Total cost was around $550.

Bought at an average of 1c. Plenty of times it dropped to 0.5c.

Last week it pumped hard and went up to 16c. Is that 1600%?

It's back down to around 5c now.

I took out my initial + a few hundred quid profit when it reached 10c.

So i now have 40,000 coins for free that I'll just let ride. SB reckons it'll do at least $1, and who the fuck am I to argue.

$1 is aspirational. I think it'll trade at above 30 cents for sure. My target is 55 cents.

 

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5 minutes ago, Colonel Bumcunt said:

The stock market had a mad day, wild swing not seen since March 2020. 

What followed from March 2020 to March 2021 in crypto was non-stop bull.  Could be totally inconsequential, but this stuff often loops and repeats, against seemingly all logic. 

I thought Russians had dropped crypto to invest in gas as it’s going to fly when Russia invaded crimea. 

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The whole market is inflated to the point of absurdity. Tesla's P/E ratio is 315. We're in the bubble to end all bubbles. Price to sales figures for most of the top companies are higher than during the dot com bubble. All measures of debt and margins are at peak levels.

 

Robinhood has created a casino where investors are making risky out of the money option calls. They've never experienced a crash before. AMC is up over ten times since the pandemic began, even though box office is down 80%. People are investing in literal meme coins (Dogecoin) that were created solely to take the piss out of cryptocurrency. Even worse, variations on said coins (Shiba Inu) have also got multi billion-dollar market caps based on nothing more than following Dogecoin. Idiots are buying jpegs for several million dollars as a store of value. There has never been a period of brainless investing like it. It's nihilism in the extreme. 

 

The FED have artificially pumped trillions into the market to keep it from a Great Depression style crash, and the piper has to be paid. And it looks like that time is now because they are calling their loans in. They can't aimlessly print money because inflation and interest rates will rise rapidly. The market has created millions of bagholders. People that jumped in when prices were at all-time highs for companies that shouldn't even be valued at half their valuations. 

 

Why is Bitcoin £25,000 when you can't use it anywhere? Why will it go up? On what logical basis? Nobody uses it to buy anything. It is a currency after all. Everyone is just following the greater fool theory based on past returns. What happens if it crashes to £10,000? What is a Bitcoin actually worth?

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