OT: Bitcoin, Altcoins, NFT's & All Things Crypto

[ScarletNut]

I stupidly bought $1k of some stupid coin called BONK per some people on this board. I bought it at .000025 per coin and now it's down to .000012, so cut in half. I'm guessing I should abandon ship, but does anyone know if this dumb coin has any actual utility or future?

This is why I don't do crypto

BONK is a speculative coin that may jump at some point. If that is your first foray into crypto then you’re way off track. I own some too knowing full well that chances of making big bucks off it is just a bit more likely than hitting on a lottery ticket. I wouldn’t sell if I were you. Wait for the next rally before you decide

 

[Rutgers Chris]

I stupidly bought $1k of some stupid coin called BONK per some people on this board. I bought it at .000025 per coin and now it's down to .000012, so cut in half. I'm guessing I should abandon ship, but does anyone know if this dumb coin has any actual utility or future?

This is why I don't do crypto

I took a little off the table when it hit .00005 but still hold the majority of it. It can erase that loss in a 1-2 day span when it runs

 

[Rutgers Chris]

I stupidly bought $1k of some stupid coin called BONK per some people on this board. I bought it at .000025 per coin and now it's down to .000012, so cut in half. I'm guessing I should abandon ship, but does anyone know if this dumb coin has any actual utility or future?

This is why I don't do crypto

Also, the first memecoin with an ETF would be a catalyst to dump on

Balchunas confirms Bonk 2x ETF possibility remains strong

Eric Balchunas, a senior Bloomberg ETF analyst, has suggested that the potential for a Bonk 2x ETF remains strong

crypto.news

 

[T2Kplus20]

Also, the first memecoin with an ETF would be a catalyst to dump on

Balchunas confirms Bonk 2x ETF possibility remains strong

Eric Balchunas, a senior Bloomberg ETF analyst, has suggested that the potential for a Bonk 2x ETF remains strong

crypto.news

Now that's an ETF! :)

 

[gmay8]

I own BTC and ETH, Bonk was my first mess around crap coin. I guess I’ll hang on for now

 

[Rutgers Chris]

 

[T2Kplus20]

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BTW, Pomp seems happy. He gets it:

 

[Rutgers Chris]

Not a very well coordinated timing of headlines…

 

[T2Kplus20]

Not a very well coordinated timing of headlines…

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So buy BNB? :)

 

[Rutgers Chris]

I’ve posted links from him before, but this guy is an amazing follow. The “Hyperliquid Whale” has been crypto’s main character for the last few weeks. As much as people think they can hide behind anonymous crypto transactions, it always traces back somewhere…

 

[Rutgers Chris]

What better way to bump this thread than to check in on El Salvador. They’re up $386 million on their bitcoin holdings. That’s 4% of their annual budget. Will be interesting to see if they hold through the next winter.

 

[jtung230]

Love the FOMO pump. Get it while it’s hot. For tune favors the brave.

 

[Rutgers Chris]

Love the FOMO pump. Get it while it’s hot. For tune favors the brave.

It’s actually a very slow grind up for Bitcoin’s standards. Who could have possibly seen it coming

 

[RUBlackout]

Man I use to have 5 BTC at one point somewhere in 2020-21

Now only have .5 BTC and about $100k in FBTC ETFs that have gained about 40%

 

[T2Kplus20]

Man I use to have 5 BTC at one point somewhere in 2020-21

Now only have .5 BTC and about $100k in FBTC ETFs that have gained about 40%

Never sell your BTC! :)

 

[Rutgers Chris]

Man I use to have 5 BTC at one point somewhere in 2020-21

Now only have .5 BTC and about $100k in FBTC ETFs that have gained about 40%

Annual reminder that it could be worse

 

[T2Kplus20]

Annual reminder that it could be worse

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That pizza joint is now a bank!

 

[T2Kplus20]

Great episode with a legend:

 

[Rutgers Chris]

Documenting this here for future reference…with each passing offering, the likelihood that Saylor is a future black swan increases.

 

[T2Kplus20]

Documenting this here for future reference…with each passing offering, the likelihood that Saylor is a future black swan increases.

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Why is this needed? Isn't MSTR and its leveraged ETFs enough?

 

[T2Kplus20]

Documenting this here for future reference…with each passing offering, the likelihood that Saylor is a future black swan increases.

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By the way, looks like staking rewards will be added to ETH ETFs soon. Also the SOL ETF with staking is on track to be approved soon. Any thoughts on what the rewards will be?

 

[Rutgers Chris]

By the way, looks like staking rewards will be added to ETH ETFs soon. Also the SOL ETF with staking is on track to be approved soon. Any thoughts on what the rewards will be?

Solana validators are offering between 7-8% right now. Coinbase has it at 5%. Somewhere between those two is a good estimate

 

[T2Kplus20]

Solana validators are offering between 7-8% right now. Coinbase has it at 5%. Somewhere between those two is a good estimate

I have a little extra cash in my Fidelity rollover IRA waiting for a nice staking play.