Cryptocurrencies

[Keith]

I'm just looking into this more. You currently use DENT coin to purchase data from major operators around the world. The Vodaphones of the world are on board. idk about Vodaphone themselves, but they name companies not operating in the UK, such as AT&T, Verizon, Movistar and Telcel.

The major players are part of this project, probably because they know they need to adapt in order to survive the changes to the market that will take place in the coming decade.

You still hit the problem that most people will still stay with the names that they know and trust for mobile communications than risk playing about with an unknown provider and paying with a single purpose payment method. Dent are effectively just a reseller of the main telecommunications players products and they will be heavily restricted by them on what they can charge and the margins they operate under.
You have to convince the millions of poops that their money is safe and they will still be able to ring who they want.

not an easy task.

[Poopadoop]

Is Cocco a millionaire yet?

[CoccoBill]

No immediate threat of that happening.

[OngBonga]

No it's not an easy task, but GiffGaff did exactly this. And they are just another service provider, they aren't offering something unique.

I think you're missing the point. Dent don't charge for data. They provide a marketplace for people to buy and sell from each other without a middle man. Dent don't decide how much data sells for, the buyer and seller are the only ones who decide this. So O2 and Vodafone don't get to set the prices.

And it's not about the poops of the world. Poop is probably older than I am. This is about the younger generation who understand technology better than we do. The kids are the people most likely to see the benefits of this kind of economy. They're the ones who will say "O2 is for boomers". They're the ones who will drive the evolution of communications, while dinosaurs like me and poop stick with what we know and trust, even if it costs us more.

I mean, this kind of service isn't for me. I am on PAYG and top my phone up rarely. I don't use it. But if I were someone who travelled a lot, and used my phone while travelling, or someone who regularly paid for minutes I didn't use, I would definitely be interested in this kind of service, and if Dent are the only ones offering such a service, they will likely get my custom.

I'll be worried if another company with the same model is outperforming Dent.

[Keith]

you're still relying on the original providers catering for unused minutes to be traded by their users for no benefit to them. it will be relatively easy for them to bring out a better tiering of data/minutes to cater for users needs which will wipe out the use case for Dent.

Something you may find more useful would be to follow https://www.youtube.com/channel/UCje...AzA-95RKoy9n_g this guy . some of the "undiscovered" gems may get you critical mass where you can invest for the longer term. some of the market analysis and his 1k to 10k may also interest you .

[OngBonga]

you're still relying on the original providers catering for unused minutes to be traded by their users for no benefit to them.

I think they'll be taking a cut of each transaction, like 0.5% or something. There must be profit in it for them somewhere.

I'm keeping an eye on it. It's a better investment than $DOGE, I can tell you that much with confidence. I think it's riskier than $ADA, $DOT, $LINK, and $ETC, but it has a lot more room for growth. If I see any reason to pull out, I will, especially if I'm in the green. For the time being, I'll watch their development, while looking for other opportunities that appeal.

Thanks for the rec, I'll sub to him and give him a go.

[Keith]

wouldnt just blindly buy what he says .. check how his past picks are performing etc . he claims to be the largest crypto youtuber ....but to a certain extent he can be his own wall street bets type thing because of the channel size and timing when to get out may be as important as when to get in .

[Poopadoop]

Ong I suggest that for every crypto you're interested in you roll a die. It comes up 1-3 you sell, 4-6 you buy. That's GTO investment baby! You can't lose (theoretically)!

[OngBonga]

Ong I suggest that for every crypto you're interested in you roll a die. It comes up 1-3 you sell, 4-6 you buy. That's GTO investment baby! You can't lose (theoretically)!

If the next car that goes past is a blue car, I'll sell.

Damn, it's too dark to see what colour that car was. Let's say it was black. HODL.

[Keith]

Ong I suggest that for every crypto you're interested in you roll a die. It comes up 1-3 you sell, 4-6 you buy. That's GTO investment baby! You can't lose (theoretically)!

Not sure why you even bother coming in this thread. You're like a virgin stuck in the corner of a disco trying to crack jokes to appear the hard man but without the balls to actually ask anyone to dance and wondering why everyone else is enjoying themselves.

[Poopadoop]

Not sure why you even bother coming in this thread. You're like a virgin stuck in the corner of a disco trying to crack jokes to appear the hard man but without the balls to actually ask anyone to dance and wondering why everyone else is enjoying themselves.

If you have it all sussed out and I know nothing then why do you care if I crack jokes?

Just go on laughing all the way to the bank there Keef buddy.

[CoccoBill]

Are you suggesting he won't have a coin to flip? Harsh.

[OngBonga]

burn

$DENT had a breakout today, it hit a major sell wall at $0.0015, we're now back in the $0.0013 range.

Of all the coins I've flirted with, $FTT is performing incredibly right now, 20%+ on BTC and still rising, with BTC itself is outperforming the dollar by 7%. But most others, including $ADA, not really doing much. I'm happy on $DENT right now. Once we break that wall we're getting somewhere.

[OngBonga]

$BNB is making me sick.
6x in two weeks.
Fuck you.

[Keith]

ada almost the 1$
Dot booming

[OngBonga]

Lots of people seem to think $LUNA is due a breakout, but people on Twitter say that about whatever coin they're holding.
$LINK is another I'm keeping an eye on.

I'm sleeping on $DENT though, hopefully I wake up to +20%

[Keith]

Capture0.jpg

Conversation with the boss last night . when i bought dot and cardano , raven was .022 been watching ravencoin since .......hit .16 this morning so almost doubled overnight

[OngBonga]

$ADA has improved around 5% since I posted. But so has $DENT.

$DOT I did have one, but now I don't. That's where I'll go if I ditch the $DENT. Or $FTT. Or both.

[OngBonga]

$DOT now $40+, $ADA has passed $1... $DENT booming as well so no tears here.

[OngBonga]

$DENT just broke that $0.0015 sell wall

Fuck yes

[CoccoBill]

I may be wrong, though I don't think I am. Those "sell walls", "resistance lines", "support lines" and all the rest related to those analytical looking charts on youtube videos are absolute bs.

[OngBonga]

To a degree, maybe you're right. But if someone puts an order at x price to sell 14 million dent, it's going to take a lot of purchasing to break that wall.

I do see a lot of movement in these "walls" though. Not in this case, but in other cases, certainly. I think some whales like to give the impression there's resistance, for whatever reason, or they like to make it appear there is more action than there actually is. I see it a lot of betfair, too, where the market is really stagnant but there appears to be lots of action as prices change. It's whales using psychology to induce fish to panic sell or buy.

[OngBonga]

$DENT is giving me a boner today, I'm up around $50

[Keith]

major market manipulation accusations with people buying on margin getting their positions liquidated with the price movements as price went through their stop losses

[Keith]

huge BTC sell off today dragged prices down across the board and then huge altcoin buying spree.
Ong is gonna cry .......ADA went to ).15 on kraken, ETH went to 700 and then recovered . Rumours that buy orders were suspended though on kraken. similar to what happened the weekend before

[OngBonga]

Why would I cry? $dent is outperforming $ada over 48 hours. Current prices $ada = $1.02 (+10%) with $dent = $0.002 (+50%). Over 24 hours $ada is doing a little better, it's riding this storm, but I'm happy where I am.

These swings are not a problem if you're HODLing. I'm not interested in selling the highs and buying the dips, too stressful for minimal gain and a fairly large risk. I'm interested in long term growth. I don't panic when I see the markets crashing, it's to be expected. They will recover.

There's rumour (very much unconfirmed) that Starlink are going to partner with Dent Wireless, if that happens then that will be very good news for me.

[spoonitnow]

lol shitcoin

[OngBonga]

lol ISAs

[spoonitnow]

lol ISAs

I have no idea what that is.

[OngBonga]

lol savings accounts

[Poopadoop]

crytos are like PLO. No-one really knows how to play and the variance is so huge you wouldn't know if you did know how to play or were just a luckbox.

[OngBonga]

You understand as much about crypto as I did about three weeks ago. Which, in fairness, isn't much less than I understand now. But your naivety is clear here.

Crypto represents the greatest transfer of wealth from elite to the average person as you could possibly hope to see in your life. Fiat's days are numbered. The sooner you get your savings into bitcoin, the more wealthy you'll be in the 2030s.

I was careful to say bitcoin there. Any other coin is much riskier at this stage. But market leaders will emerge. $ada and $dot are probably the best options after $btc.

[Poopadoop]

You understand as much about crypto as I did about three weeks ago. Which, in fairness, isn't much less than I understand now. But your naivety is clear here.

I love how you've become a confident expert on cryptos in three weeks, while at the same time admitting you know very little at all about it.

Crypto represents the greatest transfer of wealth from elite to the average person as you could possibly hope to see in your life. Fiat's days are numbered. The sooner you get your savings into bitcoin, the more wealthy you'll be in the 2030s.

Dude, copy-pasting something you read on the internet isn't how expertise works. It takes a long fucking time to get your head around a complicated subject. That's why they have PhDs in economics.

I was careful to say bitcoin there. Any other coin is much riskier at this stage. But market leaders will emerge. $ada and $dot are probably the best options after $btc.

Given how all over the place you're prognosticating has been here lately, I'd say the over/under on how long you'll maintain this opinion will be a matter of days, if not hours.

[OngBonga]

I love how you've become a confident expert on cryptos in three weeks, while at the same time admitting you know very little at all about it.

I love how you can't have a conversation with me without resorting to this kind of response. You truly are relentless. It's like the slightest disagreement and you have to come out swinging.

Dude, copy-pasting something...

Not a single copy/paste in this thread.They were literally my own thoughts.

It takes a long fucking time to get your head around a complicated subject.

Agreed.

That's why they have PhDs in economics.

Ludicrous. You don't need a degree in economics to understand crypto. In fact, even having such a degree probably won't help much. Do you think they go deep into crypto? idk, but I suspect they barely touch the surface.

Given how all over the place you're prognosticating has been here lately, I'd say the over/under on how long you'll maintain this opinion will be a matter of days, if not hours.

I mean I don't even know why you bother with this. My comments have been factual as best to my knowledge.

bitcoin is here to stay. If you disagree, fair enough, but understand it's you that isn't getting it. The other two coins I mention are not coins I am currently invested in, so it's not like I'm posting my hopes. I avoided mentioning Ethereum because I'm unconvinced that has a long term future, it's expensive and might not last the test of time. $ada and $dot might not either, but I'd rather invest in those two than Ethereum. These three coins, along with Binance Coin, are the market leaders after bitcoin. These represent the lowest risk after bitcoin. This isn't my opinion. This is me looking at the market cap of these coins and realising they are already huge compared to the rest.

[Jack Sawyer]

Feb 24, 2021

I have a question for you autists...Why are the GME put options increasing in price when the stock goes up in share price but the put options price decreases when the price of the share goes down? Asking for a friend

Because no one was really expecting the price to drop too much at $50 levels so the puts were losing time value (theta) faster than they could build any extrinsic value through delta (the change in option value based on change in stock price). That’s why the puts were losing value even though the stock was going down.

The puts went up in value when the stock started going up because round 2 squeeze catalyst (degenerates) happened. Since the stock is now expected to move a lot and be volatile, it increases the implied volatility factor of options, which increases the option premium. Since the chances the stock moves a lot and makes your options print tendies is higher, the options MMs have to command a higher premium to try and keep you out of the kitchen.

So basically you need to buy your calls when the ocean is calm. If the seas are rough then your odds of making tendies decrease drastically.. Or just sell options instead of buying them if you’re betting IV is going to go down

[Keith]

@Ong ADA 1.41

[OngBonga]

Yeah I saw, and no I'm not on it. It's pretty much up 50% during this mini bear market.

This is part and parcel of crypto markets. Last week dent was flying while everything else was static.

I'm thinking about FTT for the short term, FTT is the token to the FTX exchange, so basically FTX's version of binance coin, except it hasn't 10x yet.

[OngBonga]

I stuck with $DENT and I'm glad I did. Currently my $300 investment is worth around $650, having peaked at $745.

$ADA currently $1.08, a bit poor after peaking at $1.41 nearly two weeks ago.

$FTT doing very well too, $40 from I think $25 since my previous post.

[Luco]

I'm in BTC, ETH, XLM, TRAC and SIA

Been a good year so far

[OngBonga]

I've nearly doubled in a week. Current value $1150, $DENT is going nuts.

[OngBonga]

Still going nuts. $1725

[OngBonga]

$2041

What the actual fuck is happening?

[OngBonga]

$2221

I'm making more money hitting refresh than I could hope to make working. Admittedly it's a matter of time before this surge stops, and consolidates or even dips, but fuck me this last few days have been pretty epic. We're steamrolled past a cent, I bought in at 0.135 cents.

[boost]

ha, crazy, good on you Ong

You gonna skim some tendies, or let it ride?

[OngBonga]

The thing that's stopping me right now is thinking "what if it does get to $1?", which basically means if I skim £200 for an ounce of weed, that costs me approaching $20k in the future. I like weed but $20k for a month's smoke is a bit steep.

This isn't like a poker bankroll, which I was always skimming for weed.

[OngBonga]

I'll let it ride, I'm in this for the long haul. Ideally I want a house, that would be some return for $300. There's no reason to believe this is anywhere near the peak value for this coin, it's only merely broken into the top 100 when it comes to market cap. If it can make the top ten I could be looking at $1 a coin, which is enough for me to buy a house.

The real test comes if and when my money is in five figures. That's when I start thinking about what I can do other than buy weed.

[boost]

Yeah, makes sense. People look at the WSB's moonshots as irresponsible, but what they often don't get is that a lot of people in the economy feel like they'll either moonshot it or they'll be in the same place, so why not moonshot? And really, they're not entirely wrong.

Ofc getting into the habit of steady investment is a good habit to have, but it only pays off if you can get to a level of income where that steady investment will be anything of significance in your lifetime.

Also, I'm kinda reading into what you've said and making assumptions, but it seems you're thinking about the long run in a way that maybe you hadn't before.

[OngBonga]

Also, I'm kinda reading into what you've said and making assumptions, but it seems you're thinking about the long run in a way that maybe you hadn't before.

Very much so. I'd gotten to the point where I figured I had zero chance of ever owning my own house, that I will always be renting, and my retirement would be a state pension. That didn't horrify me, plenty of people are perfectly happy with such an existence. However, it's nice to be able to dream, and it's not as silly a dream as winning the lottery.

There's no point in cashing out if it's not going to change my life for the better. £10k is a nice amount of money but it won't last for long. £100k would last a long time but I won't be buying property. I kinda need minimum £150k for that, so that's my aim. But it will be very difficult to sit tight if I have £20k, £30k, with every milestone I'll be thinking "that's a lot of money" and it gets harder and harder to hold.

But owning property is what I really want. With my own property, I can get a dog, I can grow tomatoes (wink wink), these seemingly simple freedoms will radically improve my life. You have no idea how sad it makes me that I can't have my own dog. I have always wanted one, and while I'm selfish when it comes to other people, I'm definitely not when it comes to dogs. I will only have a dog if I can provide a stable home for it. That has never been the case so far in my life. As a renter, you're always wondering when you'll have to move on again. You're at the complete mercy of the landlord. My previous place before where I'm currently living, I had six months before the landlord decided he wanted to sell. Six fucking months. What an arsehole. That left me in debt and nearly homeless, at a time when I was suffering from depression. Currently I rent a room of my best friend and his wife. It's fine but I constantly feel like I'm in their space, it's not my space. This arrangement can't last forever. So you can see why my prime target is my own property. I really don't know if it's realistic or not, time will tell, but it's a great deal more likely than winning the lottery or landing a dream job.

All I can say is I'm definitely delighted with my progress so far. Six weeks and my $300 is now $2000+. If in another six weeks I'm into five figures, then I might start to think these dreams can happen.

[boost]

Damn, you sound like you'd be in the top 1% of dog owners off the bat.

I can't lie and say I don't worry about this specific plan working out-- but even if your crypto does nose dive, just remember that taste of "what if" and let that fuel you to do your best to make it happen. Even if the odds are stacked against us, I think the best hope for enjoying life and getting to look back on it at the end and be satisfied is to try to better ourselves and the shitshow that surrounds us.

[freshydaa]

I love crypto because it's anonymous and you can do whatever you want with your money. I am 100% sure that crypto is our future, one day it's going to replace all other forms of money. It's surprising how fast it grows, nowadays it can already be used for anything you want, even for bitcoin gambling, wow! I am a big fan of poker, and I am playing it online using crypto instead of regular money, that's awesome! Crypto guaranties safe and fair playing, that's why it is much better

[OngBonga]

Bet this guy's next post has a backlink in it and gets him banned.

[spoonitnow]

Bet this guy's next post has a backlink in it and gets him banned.

You're learning.

[OngBonga]

You're learning.

I'm slightly less stupid today than I was a month ago. That's success in my book.

[Luco]

wow, dent went up 1000% in a month

wish I'd bought some lol

[OngBonga]

Untitled.jpg

[OngBonga]

729% in March to be nearly precise

729.29% to be as precise as I can be.

Fucking loads to be casual.

[OngBonga]

Hit $4k today

[oskar]

Hit $4k today

I'll_have_what_he's_having.gif

[OngBonga]

test post

[OngBonga]

Yeah currently $2600

It's funny, when I started playing crypto, I was dicking about selling and buying and getting stressed out over a few cents. Now I'm just holding, I can wake up in the morning and see I've lost $1k and laugh.

Holding is a great deal less stressful than trading.

[Poopadoop]

That's a tidy profit. Maybe you know something for once.

It's trading around what, 0.016 now? How high does it have to get for you to have enough to buy a house? I make it around $1.00...

[OngBonga]

Yes a dollar. It gets interesting if I get into five figures. I mean, if I'm worth a bitcoin, do I trade off for a bitcoin instead? I'm currently just under 5% of a bitcoin, having peaked at 7%. But for now, I'm just holding and waiting to see what happens.

[OngBonga]

I just bought ten bucks worth of $safemoon, which is a dodgy as fuck shitcoin with an untrustworthy team.

For ten bucks I got 11.6 million coins. I'll take that risk for a tenner tyvm.

[Luco]

xlm finally having a long overdue breakout, heading for $0.70

[Luco]

I invested a small amount in crypto a few months ago, I've already made enough to pay for this years holiday

The question is, can we even go abroad? Vaccination rates in continental Europe are abysmal right now

[OngBonga]

In five years you'll look back at such a holiday and think "fuck me that was expensive".

My crypto is on the slide right now, I'm worth $2500. Not sweating.

[Keith]

woke up this morning to the overnight ada pump and was sitting on £8K of profit so far before the price dumped again. its making it back again (7.5k profit at the momenty) and hopefully pumps again off the back of the Coinbase IPO in and hour or two.

kinda wierd as i swapped a lot of my ETH into ADA and so now my ETH is ~60% bought 40% mined with the mined being about £1150 profit. Bought 3 cards for mining which cost a total of ~1400 but could sell them now for ~£2400 used on ebay. if the 1400 had gone into crypto instead it would probably be worth around the same. Eth mining rewards will get cut hard in about 3months but hopefully should be able to switch into other mineable coins.At he current rate the cards will have paid for themselves in about 3 weeks

[OngBonga]

Dent is still in slow decline, having peaked at over 2c it's only just over 1c right now. Still way more than the 0.135c I bought in at. I'm at $2k. Not panic selling for shit. I'm either worth fuck all or $50k+

[Poopadoop]

Actually, a lot of them do look pretty random-walky. You'd have to look for ones that tend to go up, then go down again, over and over like dent.

https://coinmarketcap.com/tokens/

[Poopadoop]

I wonder if you could write a program, plug all the data from those graphs into it, and crack this shit.

[Poopadoop]

Without knowing anything about what is driving the price of these things, just looking at the graph this does not behave like a random walk. If I were investing, I'd buy a broad range of these when they're super cheap, and then use some kind of algorithm to tell me when to sell - like i.d. the peak value within some window of time, and when the price fell to 20% below that peak, sell it all (I'm sure there's a better way to do it than that even). Rinse and repeat and lolprofit.

https://coinmarketcap.com/currencies/dent/

[Keith]

its called technical analysis

Also thers lots of trading bots out there .....most are a means of losing you money by overtrading and getting them affiliate income on trading commission and your risking your money to do it and you will likely lose your money in the process.

[Poopadoop]

You're tone is so condescending at the same time as being nearly illiterate that it's actually quite amusing.

My point was that if you buy things when they're cheap they can only go up. And if you can identify when they've peaked and sell shortly after you could make good dough. I've seen a few like dent that had a big surge in 2018 and then dropped off again. It looks like those ones are doing the same thing again now.

[Keith]

Possibly its because you don't realise how little you know and with your previous comments in this thread I can't be bothered to waste time explaining it to you ,since you are highly unlikely to buy any crypto.

By the time you finally realise what you have missed out on you will be jumping in and buying at the top of the market along with everyone else who is buying because crypto has hit the mainstream news and surging in price and then sit and watch while the price crashs and then will use that to justify that crypto is all a con.

Google "technical analysis" and stock prices and its a whole subject that you can immerse yourself in.

[Poopadoop]

you are highly unlikely to buy any crypto.

You're right about that.

I can't be bothered to waste time explaining it to you

I wasn't asking you to explain it, so I guess we're both happy you haven't bothered.

you will be jumping in and buying at the top of the market

Guess again.

and then sit and watch while the price crashs

"crashes"

And yeah I will be watching.

then will use that to justify that crypto is all a con

I never said it was a con, I said it was high-risk. I wouldn't doubt that a lot of them are cons though, or are being manipulated by certain interested parties.