Cracaphat wrote: ↑Fri Nov 22, 2024 3:37 pm
Till I restarted this convo, it'd been three years without any discussion. So I wanted to see the sentiment up on here, which hasn't changed much in that time, but that's alright. So might revisit in three years and see if that 50 mil is "legitimized" in your eyes.
The site is skewed toward long-term investing for the future. The clue is in the name.
At this stage, those who believe in crypto will probably have bought some, those who don't will have ignored it. There is no right or wrong. Horses for courses and all that.
For anyone on the fence, as Adamu says, there is plenty of info on the internet about the pros and cons. And there is basically nothing Japan-specific about speculating on crypto.
Aiming to retire at 60 and live for a while longer. 95% index funds (eMaxis Slim etc), 5% Japanese dividend stocks.
This has been an interesting thread to read and I suppose it's an appropriate time to mention the BBC documentary on Logan Paul's attempt at Crypto,
For me, many people blame Paul, but I can't help but think there is some personal responsibility. I also have to add the social media, YouTube, TikoTok and also the celebrities who have a conflict of interest who can reach a massive fan base. Whether it is Dink Doink, Zoo tokens, or some silly monkey art thingamabob. Are the Celebs/influencers responsible for the rocketing price? Do News outlets also add to it by continually reporting how the price is going up ? Is today's media similar to the new media in the 20s 30s, that were used for nefarious purposes? For me, it seems so! They all have a part to play in this crypto mania. It's interesting how even Elon Musk is a proponent of the DOGE coin, but ironically is also going to head the U.S. Department of DOGE. The Department Of Government Efficiency. For me, it seems we're entering a world of Silly money, literally and metaphorically! Is it also possible Trump et al. have a conflict of interest in legitimising Bitcoin? Not all crypto is equal! A governmental Pump and Dump? Im starting t sound like a conspiracy theorist now. LOL. But it's very hard to stay on the sidelines.LOL
Bubblegun wrote: ↑Sun Dec 01, 2024 2:05 am
This has been an interesting thread to read and I suppose it's an appropriate time to mention the BBC documentary on Logan Paul's attempt at Crypto,
For me, many people blame Paul, but I can't help but think there is some personal responsibility. I also have to add the social media, YouTube, TikoTok and also the celebrities who have a conflict of interest who can reach a massive fan base. Whether it is Dink Doink, Zoo tokens, or some silly monkey art thingamabob. Are the Celebs/influencers responsible for the rocketing price? Do News outlets also add to it by continually reporting how the price is going up ? Is today's media similar to the new media in the 20s 30s, that were used for nefarious purposes? For me, it seems so! They all have a part to play in this crypto mania. It's interesting how even Elon Musk is a proponent of the DOGE coin, but ironically is also going to head the U.S. Department of DOGE. The Department Of Government Efficiency. For me, it seems we're entering a world of Silly money, literally and metaphorically! Is it also possible Trump et al. have a conflict of interest in legitimising Bitcoin? Not all crypto is equal! A governmental Pump and Dump? Im starting t sound like a conspiracy theorist now. LOL. But it's very hard to stay on the sidelines.LOL
I think Trump’s latest tweet on the lengths he will go to defending dollar supremacy against BRICS says it all - he holds the might of the US Dollar as world’s reserve currency as sacred and won’t allow crypto to jeopardise this anymore than BRICS.
All the coiniacs who think he is the new messiah of their magic internet money game should have a rude awakening looking at this latest tweet: he already got their votes last month, next Trump will cash in XXX million shilling his current crypto joke coins, then focus on what really matters: America//ergo USD First (unless of course Trump is Satoshi Nakamoto with the 1.1 million coins himself!).
captainspoke wrote: ↑Sun Dec 01, 2024 4:28 am
I'm going to stick with my trump trading cards and melania NFTs.
I guess that’s “Pump,Trump and Dump”. I can’t help but think there is some foreboding in this rhyme. lol I hope he doesn’t see the stock market in the same way. lol
I do have to wonder if those cards will worth something in the future just because it’s so ridiculous.Historians would never believe it! lol oh well!
