Cryptocurrency

[Chief_Chujo]

BTC was 44k USD when Tesla announced the 1.5bil purchase. It was likely sub 40k when the purchase actually happened. It's 50k now.

So even looking at it short term, which isn't why Tesla invested in it, they have still gained a shitload from BTC in a few weeks.

 

[Chief_Chujo]

I got a bunch of discounted ADA and ATOM on that big dip as well

 

[Bazal]

I got a bunch of discounted ADA and ATOM on that big dip as well

Wanna split some Atom?











Not even sorry

 

[sensesmaybenumbed]

Wanna split some Atom?











Not even sorry

That's the nucleus of a terrible joke

 

[madunit]

Haha you really dont get it do you? You simple little f**ker

Your insistence on trying to convince me that I should care about your investments is cute.

You simple little f**ker.

 

[madunit]

Explaining what exactly? That you're a bit of a sad, angry little man? We get it bro

The fact you asked proved my point.

 

[The Axe of Druss]

Sad and angry. Got it

 

[madunit]

Sad and angry. Got it

You don't got it

 

[The Axe of Druss]

Pathetic and weird? Ok then

 

[muzby]

Pathetic and weird? Ok then

That doesn’t sound like the unit I know.

He’s a handsome, intriguing and agile gentleman

 

[madunit]

Much like your good self muz.

A scholar and a gent

 

[BestHookerRein]

Good to see you laughing at yourself. You are a joke.

I on the other hand, am an absolute legend.

Silly man... it’s spelt bellend, not legend. You goose.

 

[Dorris_is_mean]

Just ignore sadunit guys

You'd be chucking a temper tantrum too if you'd be told about guaranteed money years ago, spent all that time laughing at the smart ppl who invested, only to realise those people are now wealthy, and he's... Well.... Poor
And poor people are disgusting.

 

[sensesmaybenumbed]

Just ignore sadunit guys

You'd be chucking a temper tantrum too if you'd be told about guaranteed money years ago, spent all that time laughing at the smart ppl who invested, only to realise those people are now wealthy, and he's... Well.... Poor
And poor people are disgusting.

Let them eat cake

 

[madunit]

Silly man... it’s spelt bellend, not legend. You goose.

Nope, legend is spelt LEGEND.

You doofus.

 

[madunit]

Just ignore sadunit guys

You'd be chucking a temper tantrum too if you'd be told about guaranteed money years ago, spent all that time laughing at the smart ppl who invested, only to realise those people are now wealthy, and he's... Well.... Poor
And poor people are disgusting.

I may be disgusting, but I'm not poor.

 

[The Axe of Druss]

Nope, legend is spelt LEGEND.

You doofus.

You're one of those guys who gives themselves a Nick name too aren't ya

And I'm pretty sure it's spelt LOSER

 

[Bazal]

One thing I will say about this crypto stuff, it's created a f**k tonne of new financial experts lmao

 

[madunit]

You're one of those guys who gives themselves a Nick name too aren't ya

And I'm pretty sure it's spelt LOSER

No I'm not and even if I did, I can guarantee you that you spelt it wrong.

Maybe you should invest your new found wealth (so long as there wasn't a "healthy correction" that obliterated several billion dollars) into getting an education?

 

[soc123_au]

No I'm not and even if I did, I can guarantee you that you spelt it wrong.

Maybe you should invest your new found wealth (so long as there wasn't a "healthy correction" that obliterated several billion dollars) into getting an education?

You understand that these Billions that are obliterated are only realised if you sell? They then magically reappear later on. It's not much different to the traditional stock market, just with bigger swings. For example have a look at a 5 year chart for Amazon stocks, you will see many "healthy corrections" in late 2019 it dipped 25% in a month. Now its double what it was before the dip. If you panicked & sold in the dip then you lost, hold & you doubled your money.

I'm late to the game compared to most, but had been toying with the idea of giving it a go for years. I nearly bought bitcoin at $300.00 back in 2015 but it seemed a bit complicated on how it all worked with crypto wallets etc. Then in 2017 I figured I had blown my chance & missed the wave.

All this time my savings have been sitting in the bank earning me three fifths of f**k all. So this time when the markets started heating up I jumped in. Most of my savings are still doing f**k all in the bank, but the portion invested in crypto has the potential for life changing results, if it crashes then I just wait it out with the coins staked, it's not like the money was doing much anyway.

The banks have been f**king us forever, decentralised finance is the future. I still dont understand nor give too much of a f**k how blockchains, gas fees, etc work, but the principals of crypto make a lot of sense. Eventually the markets will stabilise to more traditional stock market levels, but you can be sure that crypto isn't going away.