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Thread: Anyone Into Digital Currency?

  1. #496
    unedited FBD's Avatar
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    yfw memecoins are actually considered to be worth something

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    Take Box B DemonGeminiX's Avatar
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    Amp has had a cool little run from .05 to .11. It might still rise.


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    Music was better when ugly people were allowed to make it.

  3. #498
    Shelter Dweller PorkChopSandwiches's Avatar
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    In the end it will be ETH






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    Quote Originally Posted by PorkChopSandwiches View Post
    In the end it will be ETH


    I hope so. I'm going in on it.


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    Music was better when ugly people were allowed to make it.

  5. The Following User Says Thank You to DemonGeminiX For This Useful Post:

    PorkChopSandwiches (06-16-2021)

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    .






  7. #501
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    He has an Adam's apple, recently formed, and it's awesome.


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  9. #502
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    With as much as Amp goes up and down, maybe I should swing it?



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  10. #503
    Shelter Dweller PorkChopSandwiches's Avatar
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    Day trade that shit






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    Does anyone make any actual real money from this?

  12. #505
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    Quote Originally Posted by richard3280 View Post
    Does anyone make any actual real money from this?
    Some people have. I think Porky may have taken some profits from it, but don't quote me on that. There are a few stories of people getting in early and becoming multimillionaires.

    If you treat it like the stock market, it kinda behaves the same way, but without the companies. People are certainly treating it that way, including me.


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  13. #506
    Basement Dweller Godfather's Avatar
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    I've been lucky enough to take some profits before a couple of the big crashes, but for the most part I just keep holding. It'll come back again.

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    DemonGeminiX (06-23-2021), PorkChopSandwiches (06-29-2021)

  15. #507
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    Quote Originally Posted by richard3280 View Post
    Does anyone make any actual real money from this?
    I havent bothered too much, but my buddy has been doing ok. but he's been sitting there doing a lot of research and when he feels good, he'll toss down 30k or 40k, ride a wave, get out and take his profits. if you just sit there and hold you're kinda just treading water, you have to wait for the water line to rise to get anywhere....but you can jump off waves if you do it right. I think he made like 2k yesterday because he saw some shit and called a top well, bought almost at a bottom, and rode it up and sold later in the day.

  16. #508
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    I haven't actually cashed out for cash, but I have spent earnings. I bought a couple shotguns and some other things, bought into online poker tournaments that pay out in cash or crypto. I didn't want to deal with the taxes by taking cash






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    Last edited by FBD; 06-29-2021 at 11:30 AM.

  18. #510
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    Bitcoin higher as Blockchain Australia seeks regulatory guidance

    By Jack Durschlag | FOXBusiness


    Bitcoin was trading 12% higher early Monday morning.

    The price was around $38,801 per coin, while rival Ethereum was up 8.78% at $2,369 and Dogecoin was higher at 22 cents per coin, according to Coindesk.

    A top blockchain industry body in Australia says the country’s current regulatory framework for crypto is lacking, particularly when it comes to derivatives trading.

    Blockchain Australia (BA) wrote the country’s Senate Select Committee on Australia as a Technology and Financial Centre, making three primary recommendations, according to a paper released on Friday.

    The recommendations in the letter comes in response to the committee’s request for submissions from industry participants on how to improve Australia’s standing as a "technology and financial" hub, Coindesk reported. It calls for a "coordinated and graduated approach" to the regulation of digital assets.

    Among the recommendations offered, the letter seeks implementation of immediate safe harbor provisions for crypto providers as well as greater regulatory guidance and engagement in the short-term while in the long-term overseeing the creation of a "fit-for-purpose legislative framework," the report said.

    In other cryptocurrency news, Binance, the world’s largest crypto exchange by trading volume, is lowering the maximum leverage users may use to trade futures contracts. The action takes place one day after derivatives exchange FTX announced the same change, Coindesk reported.

    The new limit is 20 times leverage, down from 100 times leverage, the exchange's founder and CEO Changpeng Zhao said in a tweet Monday.

    Binance imposed the limit on new users effective July 19, and will gradually expand the move to all users, Zhao said.

    FTX CEO Sam Bankman-Fried said in a Sunday tweet a similar change is taking place on his platform.

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