Need someone to post about how crappy crypto is again.

Oct 20, 2016
1,061
881
113
Specifically, post about how crappy Ethereum, avalanche, and algorand is.

It worked two weeks ago. Keep it up please. You probably sold Dominos stock in 2008 when it was $4. Thank you.
 

QuadrupleOption

All-Conference
Aug 21, 2012
1,172
1,205
93
Uh, it's ******. Terrible. Crappy. You are a trash human being for buying it. Your children will spit on your pauper's grave.

You're welcome.
 

PBDog

Senior
Oct 1, 2021
1,033
757
113
Specifically, post about how crappy Ethereum, avalanche, and algorand is.

It worked two weeks ago. Keep it up please. You probably sold Dominos stock in 2008 when it was $4. Thank you.

bitcoin ceo should announce layoffs any day now. There’s also talk the ceo will propose raising transaction fees to 0.1%
 

GloryDawg

Heisman
Mar 3, 2005
18,069
12,767
113
Didn't bit coin jump up huge yesterday and dropped back today? That stuff is like pre 1929 stock market.
 

M R DAWGS

All-Conference
Apr 13, 2018
2,038
1,748
113
It’s a gamble on a blue sky investment that has no real value, and the fluctuating “perceived” value has no backing. Buy and sell as you wish, but be warned, you better time it right.
 

BoDawg.sixpack

All-Conference
Feb 5, 2010
5,109
2,465
113
The recent action in the dollar Index is probably the main driver of the spike in crypto prices that we've seen, and also the spike in gold and stock indexes. Even with elevated rates the dollar had become way overbought. Screenshot_20230111_074131.jpg
Also if you are wondering who's benefiting from the increased interest rates in terms of the big banks this chart is for you..
Screenshot_20230118_224437.jpg
 

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mcdawg22

All-American
Sep 18, 2004
12,588
9,087
113
The recent action in the dollar Index is probably the main driver of the spike in crypto prices that we've seen, and also the spike in gold and stock indexes. Even with elevated rates the dollar had become way overbought. View attachment 301049
Also if you are wondering who's benefiting from the increased interest rates in terms of the big banks this chart is for you..
View attachment 301051
Yeah the gold people were really hoping to get returns with inflation over the last year but DYX stayed so high because other currencies were getting hit worse with inflation. Now inflation is going down and so is the dollar. Gold should climb a little, but I feel like it could have been so much higher.
 
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dorndawg

All-American
Sep 10, 2012
8,465
8,586
113
"Ethereum, avalanche, and algorand" would be a kickass name for a rock band.
 

anon1758050382

All-American
Oct 6, 2022
4,548
6,798
113
“Crypto” is a scam. “Blockchain” is a scam. “DeFi” is a scam. “NFTs” are scams. Whatever they come up with next will be a scam.

Save with bitcoin over the long term. Hold the keys to your bitcoin. Manage risk with allocation size. DCA to protect against volatility. It has never not worked.

Posting the bitcoin price at the time of the thread for future reference:

Screen Shot 2023-01-21 at 2.24.17 PM.png