General crypto discussion

It’s auto-numbered by github. The text file itself doesn’t contain the numbers. You could ask github to change it, but I don’t think they will :wink:

1 Like

Ah, I see. Thanks for the info. In that case, maybe the file should contain numbers in a two-column matrix.

Cheers! Or, as we say in my country - Skål! :beers:

1 Like

You all know about Solana’s (SOL) rise recently. I wanted to show you a graph I added to my crypto spreadsheet earlier, which shows growth from when Bitcoin was as its lowest on July 20th. The coins in this graph are from my watchlist and most of them have been in my list since before July 20th, but some are added later. The graph starts at $100 so the growth is relative to that and means that when the column shows $550 for Solana it means it has risen 450% since July 20th.

1 Like

hmm, it will be interesting to watch the performance of the coins with the lowest relative growth, could be an opportunity :wink:

1 Like

Yup, I’m HODLing some of the more unknown tokens, in the hope that they’ll rise to $1 sometime in the future and make me rich someday! LOL! Shiba Inu (SHIB) is one I’ve bought 30 million tokens of. They were cheap … Ha-ha-ha! So if SHIB ever gets to be worth $1 then I’ll get $30,000,000.00! :smiley:

Also, I have strong beliefs in Slam (SLAM), which is a casino token. It has risen a lot in the past few months, but is still cheap. I’m going to buy a few millions of that one as well.

1 Like

I want to buy crypto with Invity but feel I’m stuck in Binance

Invity seems to be the quickest and most convenient way to HODL cryptocurrency directly into my Trezor, and I really want to switch using that instead of the exchange I use mostly today - Binance, but there are some stumble stones in my path:

  1. I have several type of coins in Binance that I feel I can’t withdraw to my Trezor yet, because the amount is not large enough. If I withdraw them now, I get a fee that may be $20 or more (for Ethereum and ERC-20 tokens anyway) and that’ll be a large percentage fee of the total amount, so I need to gather up more before I do a withdrawal.
  2. About that fee, I need both BNB for fees and ETH to use as gas, so I can’t withdraw all ETH before I’ve withdrawn all the other ERC-20 tokens first. I also need to add some BNB now and then so Binance can withdraw fees from that pot. This means ETH and BNB will have to be the last coins I withdraw from Binance.
  3. Trezor doesn’t support all the coins & tokens I’m HODLing so I have to wait until it does before I can withdraw them.
  4. Invity doesn’t offer all the coins & tokens I’m HODLing.

So I feel I can’t get rid of the online exchange just yet. I feel kind of stuck in Binance. In the meantime I just hope Binance isn’t hacked so I lose my funds there. :laughing:

2 Likes

Thanks for this one. It is not easy to withdraw, especially with Binance and absurd fees. This causes a lot of confusion when users try to withdraw tokens using BSC because of lower fees and then they can’t see their tokens in the Trezor Suite since BSC is not supported by Suite. They have to use 3rd party app to use them.

1 Like

Yeah, no wonder people want to get lower fees and then try another network because it’s cheaper. It’s sad that things shall be so difficult to use. It’s obvious to me that the backbone of crypto was made by geeks and lack a lot in user friendlyness. When I started using Linux daily, back in 2004, I got the same feeling. There were a ton of things I had to read up on myself before I could even use the OS as a regular user. The same is true about crypto, I think. It’s necessary to read and learn a ton on beforehand. I’ve used years now to read about crypto (mostly about mining, since I thought that’d be the path I followed) and still I’m just a beginner. I learn something new almost every day, but it feels like a drop in the ocean.

So I think crypto tech needs several new mechanisms to ensure user friendlyness and to protect people from themselves, their own erroneous actions. We see now, when more people embrace crypto and start using it, that more faults are made too. This will only increase if nothing is done with the background tech. I have a few ideas to what needs to be done, but I’m not going to voice them when the gurus knee-jerk reaction is - “Who are you again? What makes you think you have any answers?” I’ve been there, done that. Years of trying to discuss things with the Linux royals were a waste of time. :slight_smile:

So I await the next weekend - wow, now only 4 days left - so I can lean back and take another beer.

Cheers! :slight_smile:

:beers:

1 Like

Shiba Inu (SHIB) skyrocketed last weekend and is still going up, due to Coinbase listing it. My 30M SHIB made me almost $500 (paper) profit in just 4 days. Now I just wait for 1 SHIB to be worth $1 so I can refurbish my house, buy a Rivian SUV and more Bitcoin. :stuck_out_tongue:

Skål! :beer:

1 Like

Congrats with SHIB :slight_smile: I am always wondering where all the coins can really get. If the bull market goes on I am sure a lot of these coins will go completely insane :smiley:

1 Like

Thanks! SHIB is up another 43% today so it’s still rising (currently it has made me a total of $720), but I don’t expect it to continue up much longer because some people sit with billions of SHIB coins and are likely to sell soon to take out the profit.

The reason why SHIB suddenly exploded is probably because Coinbase listed it a few days ago. So a lot of new people were aware of it and since it’s cheap they’re buying. It doesn’t seem to have scared people that Coinbase was hacked recently either …

But yeah, the whole crypto market is bullish and not only SHIB is rising. As more people gets interested in crypto there are more buyers too.

1 Like

Nice, mate :clap:t4: :grinning:
Well, if it’s gonna hit $1, I guess we could buy a jet and visit you in Norway :grinning_face_with_smiling_eyes: :airplane:

1 Like

I’d like that. You may visit anytime, also without a private jet. :wink:

1 Like

Right :slight_smile: I had a chance visiting Norway already and I can tell, it’s an amazing country :norway:

2 Likes

It has become even more amazing country since they don’t have the covid rules anymore :slight_smile:

1 Like

Yes, we’ve opened up for most things now, also travelling to and from other countries, I believe. I drove to Sweden last weekend and when we crossed the border there was no control of papers or anything. I think they do only random sampling. Does the Czech Republic have covid restrictions now? I’ve never been to Czechia myself but my late wife visited your country on Interrail in the 80’s and she said it was beautiful and lots of interesting History (which I love).

1 Like

Not that bad, just the masks are still mandatory in many indoor public places (shops, public transport). Some restrictions in the restaurants, etc. Could be lot worse but still it’s kind of annoying.

1 Like

Just when I was thinking about travelling somewhere on vacation, maybe to Czechia for a long weekend, the pandemic gets worse … again. Well, I just have to wait with those plans.

In the good news department, Shiba Inu (SHIB) has risen from the ash and is now close to fill the 4th decimal place with something else than zero. The last 24 hours it has risen over 77% and is now ranked #7 of all cryptocurrencies!

Cheers! (raising a mug of dark beer)
:beers:

1 Like

Where did all the good Czech beer go? Hm, the bar counter is gone too and the shelves have been removed for liquer and glasses. Strange. :thinking:

1 Like

The forum has changed a bit, but the chat over a beer is still possible :slight_smile: :beers: How have you been doing? Do you expect a bear market or do you still hold all your positions?

1 Like