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[deleted]
18 points · 3 months ago

The earlier you got in the better. At one point I was 15X my original investment. Now it's more like 6X

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Except if early was in early January 2018 😅☹️

Yep. Still down like 35%

Didn't invest anything I couldn't afford to lose and plan on hodling long term anyways, but still.

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Yeah, same here.. Hard lesson learned, but not worried.

17 points · 3 months ago

How is it worth $2 Billion without even a white paper before this? People have gone LoCo

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Because they already had a working solution before they made partnerships with PwC and DNV GL which gives more merit than a whitepaper that in itself is worthless.

Anyone can make a whitepaper. Not everyone can make a working solution.

-1 points · 3 months ago

Ok, good they had a working product. But is it $2 Billion good? This market seems so crazy over valued.

A whitepaper isn't necessarily worthless, so long as the team follows it to deliver a product. A whitepaper by itself without action, is of course just another idea, and thus worthless.

A product without any details, should be a questionable product. Not a $2 Billion dollar product.

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Let's be real, the market cap of every crypto is what it is because we're all speculating in prices. People value VeChain because of how they portray themselves. Good partnerships, insightful articles regularly on Medium, use cases that makes sense, focus on adoption, talks given by CEO Sunny Lu and CTO Kevin Feng.

It should come as no surprise that I'm also invested, full disclosure. I'm just answering questions here explaining how a crypto with no, until now, whitepaper can be so popular, not trying to shill. Always DYOR.

By "contriarianism in this thread" you mean like, what, three comments including this one? Hardly a majority compared to all "Elon Musk is the best thing since sliced bread" comments itt.

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Fuck people for liking something, right?

"the enterprises that are pledged to use VeChainThor are entrusting a substantial portion of their business model to the performance of VeChainThor." They can't state it any clearer without violating NDA's.

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Excuse my ignorance, but what does it mean?

[deleted]
11 points · 5 months ago

Looks like how women view my penis.

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Looks like nothing to me.

8 points · 5 months ago

What’s potato’s, precious?

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P

I trade VEN with ETH, I never touch BTC anymore.

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I used to do the same thing, but day trading is safer with BTC because of the volume.

Either BTC or ETH are valid pairs imo.

ETH price is more stable. People seem to default to BTC, but I just cant do it, no idea what value I am really trading at since it fluctuates so much.

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That's why you look at BTC or ETH value and not USD.

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Becoming Magnificent Workings.....BMW confirmed

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9 points · 6 months ago · edited 6 months ago

One would think so?

Through the wide worlds we drive towards a new era.

https://www.wideworldofcarsbmw.com/

Edit: Meh, I think this is just a dealership.

Edit2: The link that is. I'm probably just grasping for straws trying to decrypt the tweet. BMW partnership seems likely.

I am wrong, or is this just a BMW reseller with one showroom in NY? Kinda odd if you ask me; so I don't think this is what CCK is referring to.

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As I've pointed out in my edits.

[deleted]
0 points · 6 months ago

Oh, my bad.

[deleted]
35 points · 6 months ago · edited 6 months ago

Know what?

All these points are Actually hypocritical.

  1. Fiat is no longer backed by gold. IMFs currency basket involves subsequent amount of rigging. So the "not backed by an asset" is incredibly foolish. Whenever there is a network, its value depends on its usage. People laughed when amazon came up with the novel B2C model.

  2. Debt is in a bubble. I won't be surprised to see govt bonds underperform in the upcoming years.

  3. Asking warren buffet about crypto, is like asking Columbus, in his days, if one could ever use Google maps. He simply would have laughed. Doesn't undermine his genius though.

  4. Bubble. Can you tell me 1 disruptive invention that didnt have a bubble? Railways did. Dot com did. Blockchain too , will. Nothing to blame bitcoin for that. Most gains are made in a bubble, who exit at the correct point.

  5. Economics doesn't understand crypto. They neednt, till the time comes that they have to. All subjects evolve. Commerce became e-commerce. Books became e books. The day isnt far that land records, identification details, warehousing all will see massive use of these protocols and platforms.

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Asking warren buffet about crypto, is like asking Columbus, in his days, if one could ever use Google maps. He simply would have laughed. Doesn't undermine his genius though.

Sure, if genocide is genius. Columbus wasn't even the first european in America..

Binance is really geared towards whales. Lower TX fees and higher withdrawal (flat) fees really punish smaller investors compared to large - money that would be made normally on TX fees by whales gets offloaded to everyone on withdrawals.

Not to say they should change - it's their business plan - but as a moderate investor it's definitely worth finding somewhere else.

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You don't have to be a whale to appreciate the fee weighting. In my opinion the withdrawal fees are pocket change. And if you feel different, then maybe you have too much of your funds invested.

Where did I say that? I gave a counter-point as to why people are likely wanting lower fees.

I mean, you can't really fault a college kid only investing a couple hundred of wanting to find somewhere else due to the way the fees are distributed.

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Yeah, I see your point, and sure, if it's money you can afford losing.

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I already don't. I do my business on Kucoin now. I just choose to take my business elsewhere AND complain about it here. I think Binance has better infrastructure in place than Kucoin, it's just a shame that their pricing prohibits me from using it.

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Kucoin crumbles under any substantial increase in volume. So good luck with that..

Fool me once, shame on you. Fool me twice... hell no, you aint getting shit no more.

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Where are you going then? 😂

Binance has always been a piece of shit.. Don't know how they got street cred after their maintenance thing. I just use wallets and dexs and shapeshift. Fuck thes leeches.

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You're a leech.

Please CCK, let this man have seen.

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Original Poster5 points · 6 months ago

I hope he lets this man have seen too.

Original Poster1 point · 6 months ago

This guy does a lot of TA at TradingView too. He's pretty good: https://www.tradingview.com/u/A_Cryptastic_Mind/

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What is done to deal with the increasing number of partnerships? Do you see yourself reaching the limit of total partnerships you can handle anytime soon?

What's the big deal with the 'fuck'? Honestly don't get it. ( Brasilian living in Sweden)

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Americans are obsessed with the dangers of profanity and tits in media. Shootings and car chases are ok though, so don't worry.

There is no fucking way this isn't some insider trading or something suspicious. The price doesn't just drastically increase volume so rapidly like that.

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The price was consolidating for hours. This is usually what happens at the end of a pennant. Price either rises or falls drastically. It's normal market movement and happens to any coin.

Looks a bit like bootstrap. Which is a good thing I suppose.

Praise his noodly appendage!

u/CryptoMoonBase
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