Crypto

[HammerDown]

I wonder how much they are paying Hammer to sling this shit.

My CRO is over 10 cents down since I bought it. Thanks Hammer, now I'm poor.

You can't troll a troll, fellas.

 

[HammerDown]

I wonder how much they are paying Hammer to sling this shit.

crypto.com in the midst of a global $2.3B marketing blitz where every person on earth (except one) knows what #FFTB means, yet they need me to "sling this shit" on an anonymous internet message board.

You are one dumb son of a bitch, Dole.

 

[Dolemite censored]

You are as dumb as a box of rocks.

Dole, you're so dumb the day after the Google IPO you'd have sold your stock at a .03 loss because it dropped.

Never forget my sig when you give advice about crypto.

"I've never seen a single prospectus for crypto."

crypto.com in the midst of a global $2.3B marketing blitz where every person on earth (except one) knows what #FFTB means, yet they need me to "sling this shit" on an anonymous internet message board.

You are one dumb son of a bitch, Dole.

This reeks of desperation.

 

[HammerDown]

This reeks of desperation.

I'll keep you posted on my portfolio so every time you post about how CRO had a daily low, just remember that, Dole.

 

[RobBase]

If it bursts, it comes back stronger than ever. It's only going to increase.

The herpes of online currency.

 

[HammerDown]

The herpes of online currency.

"online currency"

 

[Dolemite censored]

"online currency"

The use of quotes is appropriate.

 

[CorpRebel]

 

[dbldwn711]

I must say I’m enjoying the banter here in this thread but I’ve got a serious question/thought. Let’s put aside the “value” or “usefulness” of crypto for a minute. Let’s talk about how it will act in an inflationary environment. As we all know, crypto is new. It’s only been around during this period of low interest rates and unprecedented government stimulus. Many people think it will act as a hedge (similar to gold) in an inflationary environment. Others aren’t so sure. Those people see it as operating like growth stocks which will suffer if we have inflation.

We are seeing this play out right in front of us. There’s a tremendous tug o war right now in crypto. That’s explaining the volatility. Only time will tell which camp is right about crypto and how it will act in an inflationary environment.

 

[Kburjr]

I must say I’m enjoying the banter here in this thread but I’ve got a serious question/thought. Let’s put aside the “value” or “usefulness” of crypto for a minute. Let’s talk about how it will act in an inflationary environment. As we all know, crypto is new. It’s only been around during this period of low interest rates and unprecedented government stimulus. Many people think it will act as a hedge (similar to gold) in an inflationary environment. Others aren’t so sure. Those people see it as operating like growth stocks which will suffer if we have inflation.

We are seeing this play out right in front of us. There’s a tremendous tug o war right now in crypto. That’s explaining the volatility. Only time will tell which camp is right about crypto and how it will act in an inflationary environment.

If you think that the dollar will fall in relation to crypto, buy crypto. It is really that simple. The theory is pretty simple. A fixed number of goods(crypto) vs an increasing number of goods(dollar).

 

[dbldwn711]

If you think that the dollar will fall in relation to crypto, buy crypto. It is really that simple. The theory is pretty simple. A fixed number of goods(crypto) vs an increasing number of goods(dollar).

i don’t think it’s that simple but thanks.

 

[Kburjr]

i don’t think it’s that simple but thanks.

No, it is that simple. The complication comes from how you make that decision. Dollars and bitcoin are commodities that change value in relation to each other. The direction of that change is what you are betting on. It is not different than any other currency trading in that regard.

 

[Inquisitor]

No, it is that simple. The complication comes from how you make that decision. Dollars and bitcoin are commodities that change value in relation to each other. The direction of that change is what you are betting on. It is not different than any other currency trading in that regard.

So it's basically flip a coin.

 

[dbldwn711]

No, it is that simple. The complication comes from how you make that decision. Dollars and bitcoin are commodities that change value in relation to each other. The direction of that change is what you are betting on. It is not different than any other currency trading in that regard.

as I said, lots of people don’t see it that way. Lots of people see it operating as gold does and RISING in value in the face of inflation. But I’ll be sure to tell them that you’ve got it all figured out and they are wrong. I’d expect some PMs from them

Is Bitcoin a Good Inflation Hedge? | The Motley Fool

Bitcoin is seen as a great hedge for inflation, but that theory may be falling apart.

www.fool.com

 

[Kburjr]

as I said, lots of people don’t see it that way. Lots of people see it operating as gold does and RISING in value in the face of inflation. But I’ll be sure to tell them that you’ve got it all figured out and they are wrong. I’d expect some PMs from them

Is Bitcoin a Good Inflation Hedge? | The Motley Fool

Bitcoin is seen as a great hedge for inflation, but that theory may be falling apart.

www.fool.com

If you are buying bitcoin with dollars you betting that bitcoin will rise in value in relation to dollars. Just that. It has nothing to do with value against any other measure of value. Putting more layers on it clouds the bet. Don't bet on clouds.

 

[dbldwn711]

If you are buying bitcoin with dollars you betting that bitcoin will rise in value in relation to dollars. Just that. It has nothing to do with value against any other measure of value. Putting more layers on it clouds the bet. Don't bet on clouds.

k

 

[Kburjr]

k

Any time you want more info, just ask.

Inflation is a measure of,say, dollars vs a basket of goods. Let's say basket X costs $1. To make it simple, let's say it also costs 1 CRYPTO. INn 6 months, that basket of goods still costs $1,but now can be bought for .95 CRYPTO. No inflation in terms of the dollar but deflation in terms of the CRYPTO. CRYPTO in this example went up in relation to the dollar.

 

[Deep Dish Pizza Goat]

Any time you want more info, just ask.

Inflation is a measure of,say, dollars vs a basket of goods. Let's say basket X costs $1. To make it simple, let's say it also costs 1 CRYPTO. INn 6 months, that basket of goods still costs $1,but now can be bought for .95 CRYPTO. No inflation in terms of the dollar but deflation in terms of the CRYPTO. CRYPTO in this example went up in relation to the dollar.

BUY CRO!!! TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOON!!!

 

[HammerDown]

I must say I’m enjoying the banter here in this thread but I’ve got a serious question/thought. Let’s put aside the “value” or “usefulness” of crypto for a minute. Let’s talk about how it will act in an inflationary environment. As we all know, crypto is new. It’s only been around during this period of low interest rates and unprecedented government stimulus. Many people think it will act as a hedge (similar to gold) in an inflationary environment. Others aren’t so sure. Those people see it as operating like growth stocks which will suffer if we have inflation.

We are seeing this play out right in front of us. There’s a tremendous tug o war right now in crypto. That’s explaining the volatility. Only time will tell which camp is right about crypto and how it will act in an inflationary environment.

We’re finding out from one day to the next. Top CEOs selling billions in stock and turning into instant crypto whales.

BTC below $40k right now with little support below this.

 

[HammerDown]

BUY CRO!!! TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOON!!!

Wait til we see where this drop goes to, then throw the kitchen sink at $CRO, MATIC, LINK, ENJ.

We’re literally getting a 40% discount across the board right now. I couldn’t be more excited. I’m buying the fuck out of crypto.com cards and staking that shit for 6% more. Have my parents doing the same.

Tips appreciated. Send it to my Coinbase Pro. Thanks for the love, fellas.