The new "IT" cryptos

There are a number of crypto threads with plenty of room to continue. No need to create a new one.

Gurl, I’m just trying to make it to next payday.

I'm so psyched about Doge

Shiba Inu just shot up 325% overnight and is now in the top 40 cryptos!!

Got MILK?

This will end in tears.

I've invented a new one called QUNT. I own one trillion of it.

R7, I bet if you actually created that coin it would take off.

Shiba Inu hit 500% increase today. My value hit $11,000

This is one of the many things that worries me about cryptocurrencies, the fact that the Chinese are mining the shit out of the also bothers me.

[quote] This will end in tears

That is exactly how this will end. In tears of joy. I'm up over $12,000 in Doge coin ($0.65). It's going to shoot up after Elon's SNL episode.

My Ethereum jumped from $1,700 to $2,500 in 15 days (March 31 to April 15) and then it went up further to $3,886 in the last 25 days. Lots of tears

I cried the most when I bought a brand new Toyota 4-Runner off of my Gamestop profits

Gamestop is for idiots

Idiots who are driving new cars. My friend bought a Tesla

How's that Elon Musk/SNL/Dogecoin mention working for you tonight?

Hey, my QUNT is up, bitch!

Before Musk's SNL appearance, my Dogecoin was up over $500.

It's now barely over $100.

Wow, up $100, that's some life changing gains there! Good for you! Sell now before you're at 0.

HODL, Doge will rise again.

Waiting for my Safemoon and Milk to go to the moon like DOGE and $SHIB

ITA OP.

Don't forget my QUNT.

Hey OP, I thought it was going to SHOOT UP!!! TO THE MOON!

I guess your moon is in low orbit.

OP = Gordon Gecko Jr on coke; will be begging for $ on goFundMe next year.

[quote] How's that Elon Musk/SNL/Dogecoin mention working for you tonight?

It's back up almost 20% from a week ago

I'm very happy with a 20% gain in 7 days

And I'll always make money off my Doge because I have a stop loss order. I'll still make 40% off my investment, no matter how low it goes, even zero

Now before you spout off some more bullshit, you should go and google what Stop Loss Order means

[quote] Hey OP, I thought it was going to SHOOT UP!!! TO THE MOON! I guess your moon is in low orbit.

Our moon is up 20% from last week. Bitcoin is only up 1.4% from last week

Ethereum is up 30% in the past week. I've got a bunch of that too, thanks to my Gamestop profits

And this fucker was trying to short Doge on Saturday night

He dumped a shit ton of it at a low price. That's the only way it could have lost 10 cents that quickly

He's behind Grayscale Bitcoin Trust and is heavily invested in startup coin called Ripple (XRP)

He wants people to invest in a coin that costs $58,000 a coin versus something that costs less than $1 a coin

They.. taking.. bait..

Meth +fake money = these creeps.

SHIB has gone up 1,800% in 3 days. I woke up to my portfolio at $23,000 this morning. 😱 😱 😱 Nearly died. And this is just the beginning - it's 4 decimal points under a cent. At one cent, I will have $7 million. At ten cents, around $30 million. 😱 😱

Milk is also pumping steadily, as is Safemoon.

R23, not meth, irrational exuberance. You'd be exuberant too if you woke up to find $23,000 in your crypto wallet.

[quote] Nearly died.

So close!

What do you predict now OP?

Okay, someone explain to me why I can't make up a bullshit cryptocurrency. Like, why can't we create the DataLo crypto currency and make a bunch of money by having people who use DL buy it up? Why would that be any less legitimate than other cryptocurrencies? Are these cryptos guaranteed by anything? What determines their concrete value?

Why wouldn't I be alive, R27?

The market is in a down swing but will likely recover nicely by year's end. Bitcoin will likely go down to $25k before ascending again.

I'm still hodling. My portfolio was around $26,000 in value due to Shiba Inu, it's now around $8k.

R28, you could create a Datalounge coin on the Ethereum or Binance network, let's say. But the Datalounge community would be far too small for it to take off. Cryptocurrencies are driven by the large and fervent communities behind them.

"Cryptocurrencies are driven by the large and fervent communities behind them. "

Well R29, mainly because your prediction was so off. Yes, the year isn't over, but it's half over...and things haven't gone so well.

I'm glad to hear that at least you seem to acknowledge things don't always just go up, like several of the posters on bitcoin threads do. I have a feeling you may just hit that $25k in the next couple of days...

R31, look at meme stocks like AMC and Game Stop - everyone's trying to get rich quick and it's driving these assets to the stratosphere. They are saying AMC could hit $2,000 per share (it's around $55 right now).

R32, crypto is HIGHLY volatile. It goes up, it goes down. The time to buy these assets is now, when the market is down, not when it's up.

Where does one buy Shib? I have looked everywhere and in the US it's almost impossible to find it. Binance US doesn't offer it and you cannot sign up for the international Binance if you live in the US.

Crypto, like meme stocks, is a weird confluence of social media (Silicon Valley) and Wall St. Social media 'pumps' a stock or a coin, it rips, and people make money off of it. It's funny to me when people say i.e., Bitcoin is 'likely to touch $25,000 again before moving to $70,000" or whatever because there is NO traditional fundamental analysis of what it's worth based on cash flow. It's all based on the the perceived likely actions of social media 'influencers' like Elon Musk and the Wiklevi, or technical analysis, which has been debunked many times as a predictor of future prices.

Musk at least should be prosecuted for manipulating markets, IMO.

R35, I would buy Shiba on Kucoin, it's a reputable, established exchange and easy to make an account. Then move your Shiba to Trust Wallet.

R36, yeah, I agree about Musk. The idea is that Bitcoin and crypto will become less volatile over time as it becomes more and more mainstream/adopted. The meme stock craze may lead to stricter regulations, I fear.

May? It WILL, and that will be it's main downfall, among other reasons.

[quote] that will be it's main downfall

Along with being a dumbass who doesn't know how to use apostrophes.