|
hbag posted:decided to short 1INCH invest in clownpeniscoin
|
#
?
Apr 12, 2021 14:45
|
|
|
|
| # ? May 30, 2024 02:05 |
|
|
hbag posted:decided to short 1INCH Stop loss only works if someone is buying the contract at that price though, right? If whatever "inch" is goes up too quickly you might not be able to sell at that price
|
|
#
?
Apr 12, 2021 14:48
|
|
|
Do you pay a fee to hodl the short? Stocks and futures have short fees, but maybe cryptocurrency is different.
Hello Sailor fucked around with this message at 14:53 on Apr 12, 2021 |
|
#
?
Apr 12, 2021 14:51
|
|
|
Jose Valasquez posted:Stop loss only works if someone is buying the contract at that price though, right? If whatever "inch" is goes up too quickly you might not be able to sell at that price true Hello Sailor posted:Do you pay a fee to hodl the short? Stocks and futures have short fees, but maybe cryptocurrency is different. the "loan" does have interest yeah but its not too bad
|
|
#
?
Apr 12, 2021 14:54
|
|
|
Sounds like a good way to go "guh"...
|
|
#
?
Apr 12, 2021 15:27
|
|
|
If you lose money on short positions you can simply buy bitcoins to make your money back.
|
|
#
?
Apr 12, 2021 15:31
|
|
|
Remember that these things usually aren't incorporated as banks or currency exchanges but as regulation dodging tech companies
|
|
#
?
Apr 12, 2021 20:19
|
|
|
Warthog posted:I'm confused - are you saying that buying crypto is like speculating on the stock market or trading foreign currencies? The major difference is that, in theory, a company on the stock market is creating some sort of value in the world and that value will at least temporarily survive its collapse. If a gym closes up shop, that gym's buildings are still full of the machines that the gym purchased in order to provide the service it provided. It probably renovated some spaces, installed lighting and fire suppression, put in some lockers. It created an actual place of actual value in the actual world, and putting money into that gym gave it more capacity to provide more value. Putting money into Bitcoin is helping to do nothing but damage the environment - one calculation I saw put the tally at 270 pounds of coal burnt per transaction on the Bitcoin ledger - and waste staggering amounts of resources, and the service being provided is the ability to put that money into Bitcoin. Remember that in order to get money out of Bitcoin, someone else needs to put money into Bitcoin. If Bitcoin collapses there will be nothing left but that environmental damage.
|
|
#
?
Apr 12, 2021 20:33
|
|
|
Jose Valasquez posted:Stop loss only works if someone is buying the contract at that price though, right? If whatever "inch" is goes up too quickly you might not be able to sell at that price
|
|
#
?
Apr 12, 2021 21:03
|
|
|
I’m shorting bitcoin with 22 million butts.
|
|
#
?
Apr 12, 2021 23:30
|
|
|
That's too many butts!
|
|
#
?
Apr 12, 2021 23:31
|
|
|
It occurred to me today that one of the scams that crypto most closely resembles are old perpetual motion machine scams. The believers/scammers tell people it is a currency/investment of increasing value, when in reality it is a house of cards being held up by continual infusions of money from outside sources. This guy strikes me as kind of an archetypal cryptobro: https://en.wikipedia.org/wiki/Charles_Redheffer
|
|
#
?
Apr 12, 2021 23:38
|
|
|
catspleen posted:I’m shorting bitcoin with 22 million butts.
|
|
#
?
Apr 13, 2021 01:36
|
|
|
Irish law prohibits owning more than 239 butts. Add one more and it'd be too farty!
|
|
#
?
Apr 13, 2021 02:12
|
|
|
|
|
#
?
Apr 13, 2021 02:12
|
|
|
spankmeister posted:Irish law prohibits owning more than 239 butts. lamo
|
|
#
?
Apr 13, 2021 04:47
|
|
|
spankmeister posted:Irish law prohibits owning more than 239 butts. lmbo
|
|
#
?
Apr 13, 2021 05:04
|
|
|
The New York Stock Exchange has released a series of NFTs https://twitter.com/NYSE/status/1381663467082543110?s=20 Instead of buying Roblox stock you can buy the Roblox stock memorial NFT
|
|
#
?
Apr 13, 2021 07:04
|
|
|
strange feelings re Daisy posted:The New York Stock Exchange has released a series of NFTs I see you , and raise you... https://arstechnica.com/gaming/2021/04/ataris-corporate-zombie-raises-110000-overnight-from-centipede-nfts/ 
|
|
#
?
Apr 13, 2021 07:27
|
|
|
Rectal Death Deft posted:has anyone said buttcoin yet hindertoken
|
|
#
?
Apr 13, 2021 07:39
|
|
|
jokes posted:Bitcoin will always, zero exception, have someone left holding a bag one day. You hope it’s rich people who can bear the loss, but probably not. It is a zero-sum (negative sum if considering the environmental toll) game because bitcoins, the actual “asset” of a Bitcoin, is 100% useless in all regards except as a storage of value. Quite often it's many someones holding a single bag. And sometimes, even despite there being thousands of losers, the winner also loses. Bitcoin Savings & Trust held nearly a million btc at one point, nearly everyone into bitcoin at the time got stung by it, and yet the man behind it all was a loser too
|
|
#
?
Apr 13, 2021 08:09
|
|
|
Somfin posted:The major difference is that, in theory, a company on the stock market is creating some sort of value in the world and that value will at least temporarily survive its collapse. If a gym closes up shop, that gym's buildings are still full of the machines that the gym purchased in order to provide the service it provided. It probably renovated some spaces, installed lighting and fire suppression, put in some lockers. It created an actual place of actual value in the actual world, and putting money into that gym gave it more capacity to provide more value. Oh I think I understand - investing in bitcoin is like investing in a hedge fund or a bank or something that only exists virtually like an internet search engine...
|
|
#
?
Apr 13, 2021 10:14
|
|
|
Warthog posted:Oh I think I understand - investing in bitcoin is like investing in a hedge fund or a bank or something that only exists virtually like an internet search engine... Investing in bitcoin is like buying the right to move a number in a distributed database, and hoping someone will buy that right from you for more than what you paid for it.
|
|
#
?
Apr 13, 2021 10:20
|
|
|
|
|
#
?
Apr 13, 2021 10:27
|
|
|
|
|
#
?
Apr 13, 2021 10:33
|
|
|
Warthog posted:Oh I think I understand - investing in bitcoin is like investing in a hedge fund or a bank or something that only exists virtually like an internet search engine... This would be a good analogy if all you could do with a hedge fund or a bank or an internet search engine was put money into them Unfortunately a hedge fund, a bank, and an internet search engine all provide services which means they, like goods producers, generate value in excess of the literal money that is put into them, and most of them don't burn 270 pounds of coal per transfer to do so!
|
|
#
?
Apr 13, 2021 10:37
|
|
|
Warthog posted:Oh I think I understand - investing in bitcoin is like investing in a hedge fund or a bank or something that only exists virtually like an internet search engine... No, it's like that movie where Bill Murray repeats the same day over and over again (Ghostbusters: Afterlife), except it's a person trolling the thread by continually making bad analogies.
|
|
#
?
Apr 13, 2021 13:22
|
|
|
Hello Sailor posted:No, it's like that movie where Bill Murray repeats the same day over and over again (Ghostbusters: Afterlife), except it's a person trolling the thread by continually making bad analogies. That was Lost in Translation
|
|
#
?
Apr 13, 2021 14:05
|
|
|
Fame Douglas posted:That was Lost in Translation ??? I understood it just fine...
|
|
#
?
Apr 13, 2021 14:30
|
|
|
catspleen posted:??? I understood it just fine... No, you misunderstand. They're talking about the movie where Bill Murray lives the same day over and over again. You know... What About Bob.
|
|
#
?
Apr 13, 2021 14:32
|
|
|
LanceHunter posted:No, you misunderstand. They're talking about the movie where Bill Murray lives the same day over and over again. You know... What About Bob. What about him?
|
|
#
?
Apr 13, 2021 15:34
|
|
|
mojo1701a posted:What about him? Not much, what about him with you?
|
|
#
?
Apr 13, 2021 15:40
|
|
|
hahaha SA Fools Foxed Again: Bitcoin Hits NEw All Time High!
|
|
#
?
Apr 13, 2021 16:33
|
|
|
smellmycheese posted:I see you , and raise you... this makes me want to non-actionable non-actionable satire satire all of silicon valley in the satire satire with chainsaws on both of my dicks, "as a joke"
|
|
#
?
Apr 13, 2021 17:16
|
|
|
PHIZ KALIFA posted:this makes me want to non-actionable non-actionable satire satire all of silicon valley in the satire satire with chainsaws on both of my dicks, "as a joke" Jfc. Instead of putting all this effort into trying to avoid getting probed for (satirically or not) promoting violence, you could just figure out a way to say you really dislike a thing without promoting violence. Or just not post.
|
|
#
?
Apr 13, 2021 17:28
|
|
|
PHIZ KALIFA posted:this makes me want to non-actionable non-actionable satire satire all of silicon valley in the satire satire with chainsaws on both of my dicks, "as a joke" sorry you forgot to say "in minecraft" you'll be hearing from my lawyers
|
|
#
?
Apr 13, 2021 17:33
|
|
|
jokes posted:You could make the argument that everything will be valueless one day, but it’s more likely and imminent that the value of a beanie baby will be near-zero than, like, a horse. Or a car. Bitcoins are just digital beanie babies. Or maybe that’s NFT? Yeah, at least you can eat a horse or play with a beanie baby. You can't do much with a bitcoin besides hurt the environment because it was designed by greedy pieces of poo poo.
|
|
#
?
Apr 13, 2021 17:36
|
|
|
Hello Sailor posted:Jfc. Instead of putting all this effort into trying to avoid getting probed for (satirically or not) promoting violence, you could just figure out a way to say you really dislike a thing without promoting violence. Or just not post. on both dicks.
|
|
#
?
Apr 13, 2021 17:43
|
|
|
the only crypto worth using is https://pegglecoin.org
|
|
#
?
Apr 13, 2021 17:49
|
|
|
|
| # ? May 30, 2024 02:05 |
|
|
More like poo poo coin 
|
|
#
?
Apr 13, 2021 18:02
|
|
