crypto currency

[james.hendrickson]

Isn't DOGE (the coin, not the grifter's agency) supposed to save the US from bankruptcy?

I believe the intrinsic value of Dogecoin is zero.

[ua_guy]

Isn't DOGE (the coin, not the grifter's agency) supposed to save the US from bankruptcy?

[james.hendrickson]

Yep, I unloaded all my DOGE coin, and I just sold all my BAT. The reality is most of these coins have no intrinsic or use value at all.

[QuarterMillionMan]

Just sold all 2 million of SHIBA INU which is a dumb meme coin. Maybe 2 years ago I bought $50 worth the same 2 million SHIBA INU and held it until now and sold it for a $2 gain. Long term capital gains tax will be about .50 cents tax (no biggie).

[QuarterMillionMan]

Overnight made $53 on XRP but all cryptos across the board are making gains. Last night when I bought the $1000 in XRP the Coinbase fee was $21 so I had $979 in XRP. In addition Coinbase makes money on the spread as well. XRP was $1.38 at the time but Coinbase's price was $1.39. That's all the price of doing business and you got to pay to play.

[QuarterMillionMan]

Japan is regulating it's banks in 2025 to process XRP. I just bought $1000 worth of XRP at $1.39 a coin so I now have about 700 XRP coins.

[QuarterMillionMan]

I hope this never happens but you never know.

[QuarterMillionMan]

Hypotheticall question, USDC = $1 USD, if king dollar loses it’s world reserve currency status does USDC then become worthless like king dollar?

[james.hendrickson]

James, I’m having a $100K party and you are invited.

I'll bring all my cool friends.

[QuarterMillionMan]

Along with Michael Saylor & Cathie Wood, bitcoin bulls.

[QuarterMillionMan]

James, I’m having a $100K party and you are invited.

[Tabs]

Yeah, though to be fair, everything has jumped since Trump's election win. I noticed that BTC is mostly directly correlated to the market as a whole. Even my own boring stocks have jumped up, which honestly, I am not complaining about.

[QuarterMillionMan]

Big move on bitcoin $84,000.

[QuarterMillionMan]

You could be right James now $74,290.

[james.hendrickson]

Oh shoot, it could go a lot higher!