What do people think about alt coins? V.1 [discussion]

Ok, gotcha same here.

I couldn’t tell for sure since you raised objections to my posts about this being a correction in a generally bullish market, but you agree…

So you just disagree with my bullishness in respect to ETH?

 

Little update on the Helium miners.

The company I've been dealing with, CalChip is hopelessly disorganized and their shipping schedules keep getting pushed back (including the miners I bought in early Feb). The rep I've been dealing with hasn't responded to emails. I'm going to shop around a bit.

 

https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3

 

Just bought 200k in Tether I like that it is backed by the US dollar. Good move?

 

Don't forget to DCA by buying the dips.

 

Is DCA a hot new coin?

 

You ain't even selling beans.

 

You can make 8% apy off stablecoins like tether.

Don't know how, never asked questions...

 

Tether says its reserves are  backed by cash to the tune of . . .  2.9%
https://www.ft.com/content/529eb4e6-796a-4e81-8064-5967bbe3b4d9

 

i remember in 2018 there was a lot of speculation about tether as well, but no way to prove it at the time.

 

What’s a bummer is you get 20-50% on USD during strong markets on exchanges like Bitfinex and FTX, due the high demand from margin traders on the exchanges. That’s available in almost every country in the world except US and A. And maybe Iran. Thanks, Biden.

 

I'm vaguely familiar in their use of swaps, but it's mostly alchemy to me.

 

They probably are flooded and don't have chips to produce more.

 

Doubtful. They’re reselling a raspberry pi with the correct encrypted network key.

Back when Helium started, people could make their own miners. Then people being people hacked and faked some mining things so Helium removed the ability for people to make their own miners.

 

you would have preferred trump?

 

was joke

 

Off topic but now this guy's videos are popping up in my recommended feed -- it's like watching Alex Honnold talk about climbing a mountain or Rodney Mullen describe a crazy skate trick - just zero emotion. Two YouTube videos and I suspect he might be on the spectrum.

 

He's a millionaire who worked at google, has shitloads of crypto, but didn't want to buy a 2 million dollar 2000 sq ft home.

Bay is cray.

 

Yeah, CT is trying to paint a picture of a cleaner playing field from the ashes of the correction, but this is a zero sum game.

Parties who caused the dip totally feasted, and they aren't average joes who got lucky.

I'm all for people buying dips but the influencers cheerleading the crash as a "good thing" to buy back in are disgustingly transparent.