The_Dude Posted November 14, 2021 Share Posted November 14, 2021 On 11/11/2021 at 6:06 PM, Foxx said: 💪 https://twitter.com/CoinDesk/status/1458821321568227336 I seent this. Buy a Miami coin?🤷♂️ Quote Link to comment Share on other sites More sharing options...
Foxx Posted November 14, 2021 Author Share Posted November 14, 2021 Taproot is set to be adopted to the BTC blockchain today. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 15, 2021 Share Posted November 15, 2021 Anybody use trading bots? Thoughts? Suggestions? Quote Link to comment Share on other sites More sharing options...
devnull Posted November 17, 2021 Share Posted November 17, 2021 Thoughts on CRO? Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 18, 2021 Share Posted November 18, 2021 Bought me $10k of Bitcoin in the past two days. Let’s rally baby!!!! ima make money. Buy an island. And I’m lighting a fire on my way out. 1 Quote Link to comment Share on other sites More sharing options...
Foxx Posted November 18, 2021 Author Share Posted November 18, 2021 On 11/17/2021 at 1:37 PM, devnull said: Thoughts on CRO? CRO runs on it's own blockchain. Has it's own mobile payments app. I don't know how widely accepted their payment platform. I suspect not very but what they do offer is the ability to buy gift cards that can then be used to purchase items. I think they have a 20% rebate for the purchase of those gift cards but I believe you need to participate in the staking aspect to reap that rebate. It is also a passive investment vehicle. Whereby you can earn rewards by staking. I believe the minimum to stake would be 10,000 CRO ( I could be mistaken about that though), which is then unable to be utilized while in the staking protocol. There is some big money behind this venture, as the Staples center is now the Crypto.com Arena. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 18, 2021 Share Posted November 18, 2021 1 hour ago, Foxx said: CRO runs on it's own blockchain. Has it's own mobile payments app. I don't know how widely accepted their payment platform. I suspect not very but what they do offer is the ability to buy gift cards that can then be used to purchase items. I think they have a 20% rebate for the purchase of those gift cards but I believe you need to participate in the staking aspect to reap that rebate. It is also a passive investment vehicle. Whereby you can earn rewards by staking. I believe the minimum to stake would be 10,000 CRO ( I could be mistaken about that though), which is then unable to be utilized while in the staking protocol. There is some big money behind this venture, as the Staples center is now the Crypto.com Arena. I like it. Just bought $25 worth for my holding wallet. 1 Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 19, 2021 Share Posted November 19, 2021 i am going to begin accepting crypto for my business. Suggestions? I think Bitcoin and ether are no brainers. I’m concerned about alt coins though — but I think if I take a billion doge for a transaction it’s not that risky if I convert to buy or ether, right? Quote Link to comment Share on other sites More sharing options...
Foxx Posted November 19, 2021 Author Share Posted November 19, 2021 53 minutes ago, The_Dude said: i am going to begin accepting crypto for my business. Suggestions? I think Bitcoin and ether are no brainers. I’m concerned about alt coins though — but I think if I take a billion doge for a transaction it’s not that risky if I convert to buy or ether, right? Anytime one accepts a speculative vehicle, there is an inherent risk involved. For this reason, many companies who accept crypto, partner with a payment processor who turns it into fiat for them so as to lesson the involved risk. You could always do this yourself, you just have to be proficient enough to understand protocols for the transfer of said crypto, and have a secure wallet to store them in (again, and I can't stress this enough, if you don't have the keys to the wallet, the contents are not really yours). There are processing (miner) fees on both sides of any transaction (receipt and sale thereof) but they should be well below what credit card companies and/or payment processors charge you. Lots of factors involved with those processing fees that will ultimately determine what the costs associated with them will be but they can be mitigated depending upon what practices and tolerances one might have. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 19, 2021 Share Posted November 19, 2021 1 hour ago, Foxx said: Anytime one accepts a speculative vehicle, there is an inherent risk involved. For this reason, many companies who accept crypto, partner with a payment processor who turns it into fiat for them so as to lesson the involved risk. You could always do this yourself, you just have to be proficient enough to understand protocols for the transfer of said crypto, and have a secure wallet to store them in (again, and I can't stress this enough, if you don't have the keys to the wallet, the contents are not really yours). There are processing (miner) fees on both sides of any transaction (receipt and sale thereof) but they should be well below what credit card companies and/or payment processors charge you. Lots of factors involved with those processing fees that will ultimately determine what the costs associated with them will be but they can be mitigated depending upon what practices and tolerances one might have. Wanna know why I am the way I am -- an extremist? I was poor. No risk-it, no biscuit. When I say I have no fear to put all my chips in, I ain't lying. Backbreaking work will never lead to extreme wealth. So how did others get there? A lot are old money, and if you trace the history of their money what you find is there was an ancestor of the old money people who wasn't rich...and that ancestor risked it for a biscuit. Cross the Rubicon, but be ready to pay the piper if ya fail. As an expert at being poor....it doesn't scare me. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 19, 2021 Share Posted November 19, 2021 I’m betting that less than 5% of my 2022 customers will opt to pay in crypto. I will not turn my Bitcoin into Biden Bucks. I bet Bitcoin will go up. All Bitcoin transactions will be for holding. If I give a man 15% off for Bitcoin on a $10000 purchase, I’m holding that. And in 2025/2030, I’m gettin my gamble pays off. Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 20, 2021 Share Posted November 20, 2021 (edited) The_Duderino’s manifesto, Friends, others whom despise me… I plead that if you are not yet into crypto you look into for these reasons: 1. There’s tangible value in these products 2. I’m betting on people over the Biden buck 3. I believe it’s the future of handling ones money 4. I believe that the amount of people who use crypto will skyrocket in the coming years and that will make those jumping in now wealthy 5. This is the last call for the new money getaways. As crypto gains steam, it’s epic gains will wain as it becomes mainstream. 6. Civil disobedience. FUCH the government. They can lock your bank account but they CANNOT take your crypto. Edited November 20, 2021 by The_Dude Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 24, 2021 Share Posted November 24, 2021 https://www.yahoo.com/finance/m/f64ffbee-a1f9-38b1-a328-e039e2e2e869/bitcoin-and-shiba-inu-alike.html LMFAO — ENFORCE IT! How you gonna block people from crypto😂😂😂😂😂 Quote Link to comment Share on other sites More sharing options...
devnull Posted November 24, 2021 Share Posted November 24, 2021 A friend of mine talked me into Shiba a couple weeks ago. Next time I see him, he owes me lunch....for a month Quote Link to comment Share on other sites More sharing options...
The_Dude Posted November 24, 2021 Share Posted November 24, 2021 1 hour ago, devnull said: A friend of mine talked me into Shiba a couple weeks ago. Next time I see him, he owes me lunch....for a month Bruh, no! I think Doge is funny. But a coin has to have utility before I buy. Quote Link to comment Share on other sites More sharing options...
Foxx Posted December 29, 2021 Author Share Posted December 29, 2021 Reggie helps you understand his patented DeFi patent. And why it just might change the world. Well worth the 30 minutes if you don't know what DeFi is and why it is slowly taking over the crypto world. Quote Link to comment Share on other sites More sharing options...
Foxx Posted January 21, 2022 Author Share Posted January 21, 2022 Ay caramba. Since December the downturn has been harsh. None more so than today though, as all major coins are down double digit percent. Quote Link to comment Share on other sites More sharing options...
KD in CA Posted January 22, 2022 Share Posted January 22, 2022 20 hours ago, Foxx said: Ay caramba. Since December the downturn has been harsh. None more so than today though, as all major coins are down double digit percent. It's been a painful start to the year across the board. Starting to wonder when a housing correction is coming (as the wife talks about upgrading!). 1 Quote Link to comment Share on other sites More sharing options...
Foxx Posted January 22, 2022 Author Share Posted January 22, 2022 4 minutes ago, KD in CA said: It's been a painful start to the year across the board. Starting to wonder when a housing correction is coming (as the wife talks about upgrading!). The major coins are all down double digits today as well. I'm not sure what is happening. Attempts to shake out the weak hands(?). There has to be a housing correction soon. Of course, who the hell really knows. Quote Link to comment Share on other sites More sharing options...
B-Man Posted January 27, 2022 Share Posted January 27, 2022 According to Bitcoin Magazine, Biden is getting ready to take executive action to regulate cryptocurrency, with Bitcoin being a primary target given its market share. Quote Link to comment Share on other sites More sharing options...
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