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

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raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
193
NFTs are the most overvalued garbage on the internet. ETH's promise was that it would be the currency of smart contracts. Well where are the smart contracts? The only ones that exist to my knowledge just swap one shitcoin for another.

There isn't even smart contracts for betting, and that is a very simple 'trade/exchange' conceptually. You want the Eagles, I want the Chiefs, easy smart contract right? Nope. Doesn't work in practice. Need to write every possible contingency as there is no arbiter/judge/court to resolve disputes.
Agree, except for VeVe.
 

raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
193
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raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
193
Damn all these exploded in the last few days. I guess we're too late?
May crash but I wouldn't worry about it. With all the AI hype, these will boom with some hiccups along the way. Most of these aren't new projects. There's some big initial investors involved. They crashed in 2021 and have a long ways to go to get to ATH. Also, the top ones have some great ideas.

I'd expect the real crash to happen some time 2024 assuming that there's a BTC bull run. They'll crash before the BTC crash.
 

raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
193
Timing the market is impossible to do. My theory is to pick a crypto and live with it. Jumping from crypto to crypto and buying with leverage are the things that ruin people. I've sold many way too early jumping around but don't use leverage. Now it's buy and hold. Then either add more with outside funds or profits.
 
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