Crypto currency (IF banned from CA)

[Death]

Crypto bros, it’s over. I take no glee in this but you turned out more The Cockroach of County Road more than any Wolf Of Wall St.

Take those skills you’ve learned they will serve you well as you flip me a burger.

Get it in while it's a new frontier. Getting premonitions this place will be under special protection soon like the fragile wrestling thread.

It'll be a sad day.

 

[Zatara]

I disagree, admin key bullsh*t like this is the antithesis of crypto. Solana is centralized garbage and needs to die.

Its SOLEND not SOLANA.

Theyve now reversed the vote. Poor really, SOLEND tried every possible way to contact the lender...they didnt respond. Still havent responded.

I dont really care about crypto cults, just about making money and this doesnt help anyone.

 

[DuuuncanHadaPigeon]

Its SOLEND not SOLANA.

Theyve now reversed the vote. Poor really, SOLEND tried every possible way to contact the lender...they didnt respond. Still havent responded.

I dont really care about crypto cults, just about making money and this doesnt help anyone.

I know but there would be no solend without solana...

 

[Daveysgingerlovechild]

I used to like Soleros. Good ice lollys. Can you still get them? Are they worth more than crypto at the mo?

 

[YoboCopter]

To the moon

 

[Death]

I used to like Soleros. Good ice lollys. Can you still get them? Are they worth more than crypto at the mo?

Think a solero in the grips of jj on a comedown in Portugal on a month like thus.

 

[LinekersLegs]

@LinekersLegs has been trading for 20+ years. They appear to be discretionary trading single non-leveraged positions with a stop loss.

They havent stated what products theyre trading other than not trading crypto. Thats the thread topic and what were discussing.

You could be right and in familiar territory they may well be a shark...that doesnt seem likely though from how they trade. They appear to be rather conservative as a guess.




I stated that retail day trading in crypto and using leverage in SpotFX was similar to gambling.

Youre disputing this but also saying you do neither...

Its one thing trading EUR/USD on a spread of 0-0.3 using a nicely layered double sided order book + paying up to $10 per million in brokerage fees. Take a look at those 'real' order books, instant execution, deep liquidity and 'fair' market conditions while using technical analysis.

In Crypto theres wash trading, artificial pricing, one sided order books, brokerage fees 20, 30 and 40 times larger than in the above example in FX.

In the EUR/USD example imagine I own 90% of the Euros and 90% of the USD orderbook on the other side. I can manipulate the price to whatever I want.

You try to trade against me and at anytime I can show you artificial pricing, then once youre in I remove one side of the order book, then you cannot escape.

That is the reality of crypto where markets are expensive, illiquid and artificial.

I dont blame you for not trading it...its not like traditional markets.



This is a good thing.

Oh I am most definitely a minnow, even in the ponds I‘m familiar with!

“I stated that retail day trading in crypto and using leverage in SpotFX was similar to gambling.

Youre disputing this but also saying you do neither...”

Did I??? Certainly wasn’t my intent in any case as I largely agree with you although I have been known to argue just for the fun of it lol

 

[Zatara]

Oh I am most definitely a minnow, even in the ponds I‘m familiar with!

“I stated that retail day trading in crypto and using leverage in SpotFX was similar to gambling.

Youre disputing this but also saying you do neither...”

Did I??? Certainly wasn’t my intent in any case as I largely agree with you although I have been known to argue just for the fun of it lol

lol fair play

 

[LinekersLegs]

Going below 20k seems to have brought out some buyers

 

[LinekersLegs]

 

[LinekersLegs]

“DON'T PANIC inscribed in large friendly letters on its cover”

 

[PhilM]

We should open up a Hexburger chain and offer them salvation.

Can I pay in monopoly money or do you only accept a certain type of made up currency?

 

[DuuuncanHadaPigeon]

“DON'T PANIC inscribed in large friendly letters on its cover”

If they use a multi sig for their cold wallet then it is possible that they need a small amount of time to get the funds from cold to hot wallet but it doesn't look good. I would err to the side of they are broke.

How many more of these will we see, my guess is a lot. Not your keys not your crypto.

 

[chicoazul]

Can I pay in monopoly money or do you only accept a certain type of made up currency?

We only serve customers who are on the register pal.

 

[PhilM]

We only serve customers who are on the register pal.

“He’s an offender, a se…”