pattycakes_

Well-known member
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polystyle

Well-known member
All best you guys who got in ...
Hot days and nights

I had met the Ethereum crew in 2015 and came away smh , same time
wanting to do something better for the times, for the moment.
Eth seemed, defined as, smelled like engineer making something , hoping it will get out in the world and 'can everybody help it grow ?'
They tried to get their format in for this Open Music Initiative Berkeley and MIT wanted to start, things got sideways and some people walked back.
As did the guys who went on to make Cardano and Polkadot.
Only a matter of time until Eth broke, breaks still to come ( Joe L may not happy i say it but ... )

- you guys are already onto Vechain.
Tron seems to have potential

We ourselves are looking at the next platform potential

The big picture - is getting bigger
And even if there is some bust, high water marks serve as notche for the next wave
 

pattycakes_

Well-known member
Word on the street is DOGE to a dollar by 420. Its at 30c now. I'm not buying any, but for the reckless, it'll prolly go to 60c easy if Elon and his horde have anything to do with it.
 

martin

----
This hasn't gone so well, lads. I sold my flat for £350k on Sunday, which I had no right to do - as I am renting - and put the lot on Dogecoin, expecting to become a zillionaire yesterday. The price actually fell - apparently 'Dogeday' means 'dump all your Doge day' - so I now have an angry couple expecting to sign the deeds and move into a flat I've never owned, while I face 25 years in debtors' prison.

What can I say...the dog did us dirty.
 

wektor

Well-known member
What can I say...the dog did us dirty.
I think what shone some light on the case (for me at least) was acquiring knowledge about the so called, shitcoin (or altcoin) strategies, they're usually made up from nothing so you buy loads for pennies then pump it up to something significant (although perhaps not as high as in the case of DOGE) then sell it off once it becomes a sort of popular trading option, only to abandon in forever.

Might be wrong but I feel I am really learning the basics just now.
 
I think what shone some light on the case (for me at least) was acquiring knowledge about the so called, shitcoin (or altcoin) strategies, they're usually made up from nothing so you buy loads for pennies then pump it up to something significant (although perhaps not as high as in the case of DOGE) then sell it off once it becomes a sort of popular trading option, only to abandon in forever.

Might be wrong but I feel I am really learning the basics just now.

Yep loads of shit out there, dozens of unsuccessful coins/scams every month. Safe moon was a great example of overinflation this week as well, some people made a load of money off that. I see people getting bullish about it but I'm not sure what it's actual uses are as opposed to a VET etc which is being used by various companies already.

There are some smaller coins that do have decent uses behind them, so it's not all a shitshow, but there are so many ponzis in crypto.
 
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Leo

Well-known member
that's the classic "pump and dump" of penny stock firms. boiler room operations that buy thousands of shares in a stock that literally sells for pennies, then burn up the phone lines trying to push the great deal to unsuspecting low-info targets. once the stock they bought at, say, 5 cents a share goes up to 10-15 cents a share due to their aggressive sales efforts, they sell (dump) their original purchase. the stock them returns to 5 cents per share and investors lose their money. it's illegal in stock trading, but legit venture capital firms often do a variation on the model.
 

polystyle

Well-known member
Yep loads of shit out there, dozens of unsuccessful coins/scams every month. Safe moon was a great example of overinflation this week as well, some people made a load of money off that. I see people getting bullish about it but I'm not sure what it's actual uses are as opposed to a VET etc which is being used by various companies already.

There are some smaller coins that do have decent uses behind them, so it's not all a shitshow, but there are so many ponzis in crypto.
Yeah, as one example , Doge was made as a joke
 
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