Is it too soon to talk about Crypto yet?

[MinnesotaEric]

All I know is a mined 2000 pi coins for free. At one point they were worth 6k down to 4k now but expect to be $10 per coin or more by end of year. I’m cool with a free $20k or more if I wait(or less lol)

Not knowing about Pi, I had to go look it up. Pi Network - Home Page

Pi price today, PI to USD live price, marketcap and chart | CoinMarketCap

The live Pi price today is $2.14 USD with a 24-hour trading volume of $1,853,635,868.54 USD. We update our PI to USD price in real-time.

coinmarketcap.com

$14B market cap with $2B moving around in the last 24 hours according to coinmarketcap.com.

 

[ruffdog]

View attachment 2874371
Buy this pelvic floor machine for $50K. Now you can sell fully clothed seat time at $250 every 15 minutes to cure erectile disfunction, bladder leakage and stupidity if only 15 easy sessions.

Or you can buy it on AliExpress and direct ship from China for only $1,200

Want me to post some graphs?
View attachment 2874372
See, it's true!

Ha! I get your point.

 

[Fuddyduddy1952]

My question to Eric is the crypto advocacy because he loves us, wanting us to become Billionaires or because convincing more people to buy crypto is what drives the price up?

 

[quicksandfarmer]

My question to Eric is the crypto advocacy because he loves us, wanting us to become Billionaires or because convincing more people to buy crypto is what drives the price up?

This is a good question to ask anytime anyone pitches you on an investment: if it's such a good deal why aren't you keeping it for yourself?

 

[Fixastuff]

pi coin is free to mine and doesn’t use energy like bit coin mining. The last year they added annoying adds so I stopped mining, I also didn’t think it would ever go to mainnet but it did and I wish I would have waited for the annoying adds to click the mine button now.


I’m trying to figure how to use an auto buy sell program to sell at peaks then buy back at lows but haven’t done it yet.

I just look at is a free fun $ but predictions are for it to be in the hundreds per coin in a few years. That would be pretty crazy.

A friend on an outdoor forum got me to start mining it.

 

[Tpondel]

This is a good question to ask anytime anyone pitches you on an investment: if it's such a good deal why aren't you keeping it for yourself?

I believe they call it “the greater fool theory.”

 

[Oaktree]

pi coin is free to mine and doesn’t use energy like bit coin mining. The last year they added annoying adds so I stopped mining, I also didn’t think it would ever go to mainnet but it did and I wish I would have waited for the annoying adds to click the mine button now.

Your post (as well as much of this thread) makes me feel like the proverbial guy with the VCR blinking 12:00. Man, this is all way over my head.

 

[California]

Similarly, I've been following GameStop. That has to be the most manipulated stock of all time.

Wide price moves for no reason visible to the public. Claimed short interest 4x greater than the float! So there seems to be a scramble to buy shares just before the dates that options expire.

I gambled and made $400, decided never again.

I expect this will be a classic case in the textbooks some day.

 

[MinnesotaEric]

My question to Eric is the crypto advocacy because he loves us, wanting us to become Billionaires or because convincing more people to buy crypto is what drives the price up?

The term you're looking for is called "Talking Your Book" which is the Wall Street parlance for chatting up the companies or positions you own.

That said, I do not need any of you to participate in Bitcoin or any other crypto but I cannot resist posting a dogecoin meme.

 

[Fuddyduddy1952]

The term you're looking for is called "Talking Your Book" which is the Wall Street parlance for chatting up the companies or positions you own.

That said, I do not need any of you to participate in Bitcoin or any other crypto but I cannot resist posting a dogecoin meme.

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A reply like this really lowers your credibility.