BITCOIN Discussion..........

[rolandcorts]

Not recommending to jump on in now. They will do whatever SOL does but at a much higher rate. I'll add more after a dump.

I read this as , "I will list more coins I like after I take a shit"

 

[Tanko]

I read this as , "I will list more coins I like after I take a shit"

LMAO.
Clear your mind Roland.

 

[homie1975]

Raiders
what are your thoughts on buying and holding or trading BTC (and ETH for that matter) on a platform like Robinhood where one owns the certificate but not the actual coin.

I like the ease of use and low to no fees on RH rather than an exchange and having to deal with cold wallets etc etc that i do not fully understand or find easy to use.

RH buying and trading and holding is so convenient.

what do you think, pros and cons, and would you do it?

 

[rolandcorts]

Raiders
what are your thoughts on buying and holding or trading BTC (and ETH for that matter) on a platform like Robinhood where one owns the certificate but not the actual coin.

I like the ease of use and low to no fees on RH rather than an exchange and having to deal with cold wallets etc etc that i do not fully understand or find easy to use.

RH buying and trading and holding is so convenient.

what do you think, pros and cons, and would you do it?

You listed them all. You get convenience but have the risk that they ultimately stiff you.

 

[jjgold]

Robinhood 1000 times safer than half rate exchanges

 

[raiders72001]

Raiders
what are your thoughts on buying and holding or trading BTC (and ETH for that matter) on a platform like Robinhood where one owns the certificate but not the actual coin.

I like the ease of use and low to no fees on RH rather than an exchange and having to deal with cold wallets etc etc that i do not fully understand or find easy to use.

RH buying and trading and holding is so convenient.

what do you think, pros and cons, and would you do it?

Posted this across the street.

I don't think it really matters if you hold the certificate or the coin. I know you've been successful swing trading. It's a really good method especially in the bear market. I was day trading for years but that goes back some ways. You have to be more careful in a bull run. There's a possibility of getting caught on the sidelines.

edit- missed ronaldcorts post. You can hold BTC in cold wallet for security.

 

[rolandcorts]

Has anyone yet used ETH to accomplish anything useful besides swapping shitcoins for each other?

 

[lapenti]

Has anyone yet used ETH to accomplish anything useful besides swapping shitcoins for each other?

I swap shitcoins for each other, and buy more bitcoin. Is there really anything else? ETH is for devs, BTC is for the people.

 

[raiders72001]

Has anyone yet used ETH to accomplish anything useful besides swapping shitcoins for each other?

Send to sportsbook when BTC fees are high. Keep balance in ETH at sportsbook.

 

[pornhubcasin0]

Send to sportsbook when BTC fees are high. Keep balance in ETH at sportsbook.

Any recommendations of books with zero fees/decent exchange rates, that do NOT keep your balance in fiat?

 

[raiders72001]

Any recommendations of books with zero fees/decent exchange rates, that do NOT keep your balance in fiat?

Nitrobetting keeps in Bitcoin and with Betcoin you can keep it in a few different cryptos. It's really a good time to keep funds in crypto.

 

[raiders72001]

Each community is pumping their own meme coin. Dangerous manipulation.

SNEK/ADA
BONK/SOL
COQ/AVAX
HUAHUA/ATOM
BOB just looks cool.

 

[pornhubcasin0]

Each community is pumping their own meme coin. Dangerous manipulation.

SNEK/ADA
BONK/SOL
COQ/AVAX
HUAHUA/ATOM
BOB just looks cool.

So what does 'pumping by a community' mean? Network/blockchain mints some coins, producing 'money out of thin air'. And community members who use the network/blockchain, hold those coins, without selling them? Or trade them... with each other?... I'm confused

 

[rolandcorts]

There's BTC which is basically digital gold since few use it to buy goods/services directly.
There's ETH/Solana which have absolutely no use case whatsoever except to swap shitcoins for each other (which are themselves useless), not to mention they're controlled by a 3rd party.

The only coins I see with any potential are the AI ones because I could envision a decentralized market for AI/machine learning/etc. power that would require a token. I've been watching TAO explode on the sidelines for a while since I don't have the time/ability to acquire any.

 

[raiders72001]

So what does 'pumping by a community' mean? Network/blockchain mints some coins, producing 'money out of thin air'. And community members who use the network/blockchain, hold those coins, without selling them? Or trade them... with each other?... I'm confused

They have huge communities so they can pump up the price. Plus the marketcap is really low. It's similar to when DOGE and SHIB started. You just go in those for a short time, grab profits, leave some in just in case and move to the next. I'm out of all MEME's except COQ.

 

[raiders72001]

There's BTC which is basically digital gold since few use it to buy goods/services directly.
There's ETH/Solana which have absolutely no use case whatsoever except to swap shitcoins for each other (which are themselves useless), not to mention they're controlled by a 3rd party.

The only coins I see with any potential are the AI ones because I could envision a decentralized market for AI/machine learning/etc. power that would require a token. I've been watching TAO explode on the sidelines for a while since I don't have the time/ability to acquire any.

ETH/SOL/ADA types will run the world with smart contracts. They'll be used in gaming. Smart contracts will run everything financially. There are thousand of Dapps right now. Most of the time these things will be running in the background and you won't even know it. Smart contracts are nothing more than if/then statements and can be done without any type of human intervention. The transactions need to be validated and that's where the value of the coin comes in to play. Not only that but the chains are immutable so nothing can be fudged. There is an honest record and accounting of everything.

 

[raiders72001]

When you trade tokens many times it's done on a DEX such as Metamask so there is no third party such as Coinbase. Many of the so called shit coins aren't even listed on any centralized exchanges. You try and buy them before they get listed.

 

[raiders72001]

I posted this before but this is something Solana is doing. Helium Mobile partnered with T-Mobile a little over a year ago. They started a cheap Mobile phone service in the Miami area and it went nationwide a couple of weeks ago. Helium Mobile is a sponsor of the Miami Hurricanes. They started showing up at home games about two weeks ago. There are no cell towers for the cell service. Hotspots are owned by individual people and it's increasing at a fast pace. There are two tokens involved HNT and MOBILE.

There is something called IoT, Internet of Things. Everything electrical can talk with each other and Helium is trying to do this world wide.

 

[raiders72001]

 

[raiders72001]

People are changing their cell plans to Helium Mobile. There are no towers. People own their own hotspot and data travels that way. It's one way that crypto is being used.

Helium Mobile

Together, we rise. Discover Helium Mobile's $20/mo Unlimited plan, and Hotspots.

hellohelium.com