Hey Nerds: Blockchain

[LeafOfFaith]

Disaster.

 

[CH1]

it wasn't me

 

[LeafOfFaith]

What the fuck is SHIB and what is the least painful way of killing myself?

 

[Deckie007]

What the fuck is SHIB and what is the least painful way of killing myself?

Altcoin. Similar to Doge.

I had $1000 worth and sold like hours before it went parabolic

FML

 

[Preston]

This is a fair point. (he's taking a shot at US weed stonks for the record)

 

[CH1]

Nice rebuttal by Goldust

 

[Preston]

He's gone full hollywood since he became a twitter sensation. Can't remember the last time I spoke to him.

 

[Preston]

Jesus 21,000+ followers all because he's a trader that pretends to be a woman. Fintwit is thirsty as fuck.

 

[CH1]

I’m going deep into a new crypto called LOFcoin. Who’s with me?

 

[Deckie007]

 

[LeafOfFaith]

I’m going deep into a new crypto called LOFcoin. Who’s with me?

Not me. I'm still down huge from your pot tips.

 

[LeafOfFaith]

Altcoin. Similar to Doge.

I had $1000 worth and sold like hours before it went parabolic

FML

You mean you could've had a million dollar payday? How much could that $1k have actually become?

 

[Deckie007]

You mean you could've had a million dollar payday? How much could that $1k have actually become?

Oh no, I only sold a few weeks ago. More like 7-8k. Irritating is all really. Like I probably would have sold on the way up, but still stings.

 

[LeafOfFaith]

Eh, there are worse things to feel bad about - TESLA. I can't believe that rocketship and how much fuel is has.

 

[fergy57]

I can't think this shib run is sustainable. Probably a lot of people going to get burned on it lol.

That said, I do hold a (now not so), small bag of it.

 

[CH1]

FB changes namne to META...bodes well short and mid term for my RBLX and SNAP.

SNAP is pretty juicy here in the 54 range. Stick it in your pocket and look at it in 5 years.

 

[Deckie007]

Anyone tried out cloud mining for crypto? I started a few weeks ago, and so far so good. Very nice passive income.

 

[CH1]

Anyone tried out cloud mining for crypto? I started a few weeks ago, and so far so good. Very nice passive income.

Tell me more....please.

 

[WellPlayed]

I am also interested in this money cloud.

 

[Deckie007]

Tell me more....please.

A bunch of different sites offer the service, but from what I've found there's a few different ways they go about it:

1 - You contract a hash rate from the site and are essentially leasing a machine for a specified amount of time. You get the full crypto output for the hash rate you've leased minus the electricity costs. You usually get paid out daily in BTC and you can transfer to an outside crypto wallet.

2 - You contract a daily profit from the machine and the site keeps whatever profit they get over the payout to you. More upside to the site if the particular crypto they are mining increases in value. Less downside for you, but less upside obviously. You usually get paid out daily in BTC and you can transfer to an outside wallet.

3 - You contract a hash rate and profit level from the site. Similar to #2, except with more transparency.

4 - You put up the money to buy a machine from the site and the site runs everything for you and gives you the profit after electricity and maintenance costs.

Full disclosure, I'm on 3 different sites doing this #1-3 with BTC and ETH. I started off small < $1000 and have started reinvesting my daily payouts already. I don't need the cashflow at this time, so will looking to reinvest for the next year at minimum.

If anyone is actually interested in this, feel free to PM. I have a couple of referral links that give me a nice little bonus and I'd appreciate the solid!