SafeMoon sounds like crypto for babies. I’d rather ride CUMROCKET straight into the fucking SUN with hentai babes.
2 Likes
I still have the 300 or so I picked up years ago for a song. For me it’s just a moonshot play. No intent to sell anytime soon.
1 Like
The funny thing about SAFEMOON is their Twitter pumps their own coin, basically, they are just daring the SEC to do anything about it. It’s also obvious they are using a lot of bot activity to farm interactions on various platforms. They also using the cheat code of a bazillion coins so the valuation is like fractions of fractions of a penny. Wow $0.000001 per coin, imagine if it goes to $60k like bitcoin!!!1
I’m sitting on about 65k in crypto gains. 70% BTC and ETH. 30$ collection of large cap name alt coins.
Everywhere I go people are talking about crypto. Guy I played golf with today was showing me his portfolio. He was a complete stranger. My wife came home from work and said she wanted to buy dodge coin, gave me a hundred dollar bill and asked if I would buy it for her.
Several Facebook post were crypto related.
So time to sell? Is the game over?
2 Likes
If everyone keeps buying it will keep going up right?
2 Likes
I am starting to get concerned that the retail people who get rekt on doge, safemoon, and these abandoned projects that are pumping are going to be used as examples for regulations on all cryptocurrency which is going to hurt Bitcoin and Ethereum
If you think it’s all a giant bubble, then it’s probably best to sell, especially random alts.
But if you believe that crypto platforms like BTC and ETH are fundamental to the future of how we will live and that we’re only in the 1st inning of decentralized tech and finance, you may want to HODL.
2 Likes
I played this game back in 2017 and I remember seeing a FB post from a coworker about her buying pot coin and in late November and I was like this is it game over.
Sure enough two months later, it was over.
Maybe now its a little different with big names finance celebs like Cuban and Musk implicty, and sometimes explicitly, pumping certain coins. But once the masses start to get in the top is got to be right around the corner.
I’m laughing at this thought just because currently crypto takes everything bad about finance and make it all worse. Wealth inequality? Crypto makes the financial system look like socialism. Slower transactions and tougher on literally everything. I guess you can send a giant sum to someone else without THE MAN knowing about it–there’s that. Oh and tax dodging, it’s great for that too.
also LOL @ 1st inning. BTC is 12 years old ffs
I’m in the space but it’s shit and it’s always gonna be shit lmao
3 Likes
A lot of the market is in a bubble. I beleive in the long term survival of BTC and ETH among a few others, but I think they have gotten ahead of themselves at this point in the cycle.
These pumps on coins that have been dead for the last 2 years has me a little concerned. BCH and ETCH mooning like this are nuts. Is this just the robinhood effect?
1 Like
We are in the biggest asset bubble in the history of civilization.
2 Likes
Amazing isn’t it? The fed tried to do the right thing in the second half of 2018 and Wallstreet and trump threw a tantrum. Mix in a pandemic and almost unlimited free money and here we are.
What option do we have though other than to plow our fiat into any available asset or risk becoming devalued down to zero?
1 Like
I have no strong opinion either way, other than it’s all fascinating to watch unfold.
The obvious answer is to buy more cubes
4 Likes
I believe so but I did see ETCH pumped by people on twitter in that space.
Quite the era, some people figured out all they have to do is buy something pump the shit out of it in social media and they can rake in serious dough, rinse repeat.
Yeah, obviously you want to keep an eye on the markets and get ahead of the crowd but the thing from 2017-18 that always sticks with me, and this might’ve even been on 22, was some guy going, “Football players were talking about bitcoin in the locker room so you know it’s all over and the bubble is gonna pop…”
Like, yeah, this thing that you want people buying and adopting, if not as currency then as a valuable asset… Yeah, it’d be awful if a bunch of millionaire athletes started buying it up.
One big reason the crash happened when it did is because of everybody jumping the gun and panicking, which is whatever, but you should understand that a crash isn’t some nebulous external thing. If you think the sky is falling because people want to throw a hundo at some dog coins, and you sell, then you are contributing in a tiny way to making the sky start to fall. Which again, is whatever, I just always found that part fascinating.
It’s like the Carlin bit about stuff vs shit.
“Good thing I took profits right before those idiots started panic selling!”
1 Like
4 Likes
3 Likes