raiders72001 Posted December 4, 2023 Report Share Posted December 4, 2023 Quote Link to comment Share on other sites More sharing options...
sleepy Posted December 4, 2023 Report Share Posted December 4, 2023 You can thank Biden for it. Quote Link to comment Share on other sites More sharing options...
trytrytry Posted December 4, 2023 Report Share Posted December 4, 2023 is it somewhat true watching but not real close that BTC run has been amazing but the other coins in general are done well but not along for the same huge ride right now. more like a BTC dominance? Quote Link to comment Share on other sites More sharing options...
IAG Posted December 4, 2023 Report Share Posted December 4, 2023 1 hour ago, trytrytry said: is it somewhat true watching but not real close that BTC run has been amazing but the other coins in general are done well but not along for the same huge ride right now. more like a BTC dominance? BTC currently has 53.1 percent dominance in crypto market per coinmarketcap.com 12/4/23 Quote Link to comment Share on other sites More sharing options...
WVU Posted December 4, 2023 Report Share Posted December 4, 2023 2 hours ago, trytrytry said: is it somewhat true watching but not real close that BTC run has been amazing but the other coins in general are done well but not along for the same huge ride right now. more like a BTC dominance? Alt coins are shit coins and the value inevitably will drop close to zero. I have held over 200 alt coins for a couple years now so I have first hand knowledge that they are shit. Quote Link to comment Share on other sites More sharing options...
IAG Posted December 4, 2023 Report Share Posted December 4, 2023 3 hours ago, WVU said: Alt coins are shit coins and the value inevitably will drop close to zero. I have held over 200 alt coins for a couple years now so I have first hand knowledge that they are shit. A rising tide lifts all boats. Quote Link to comment Share on other sites More sharing options...
WVU Posted December 4, 2023 Report Share Posted December 4, 2023 4 minutes ago, IAG said: A rising tide lifts all boats. the rising tide is not the same across the board. The big coins may gain 20% while shit coins only 5% which has been the case lately Quote Link to comment Share on other sites More sharing options...
trytrytry Posted December 4, 2023 Report Share Posted December 4, 2023 WVU that is what I was picking up on during this past 2 months its alsomst all BTC and then others move along but not the same progression. Quote Link to comment Share on other sites More sharing options...
IAG Posted December 4, 2023 Report Share Posted December 4, 2023 8 minutes ago, WVU said: the rising tide is not the same across the board. The big coins may gain 20% while shit coins only 5% which has been the case lately Over what time period? I dk what shit coins you are referring to, but appears that the majority of top 100 coins doing as well as, or better than BTC in the last month…obviously removing the stable coins. Quote Link to comment Share on other sites More sharing options...
WVU Posted December 4, 2023 Report Share Posted December 4, 2023 1 hour ago, IAG said: Over what time period? I dk what shit coins you are referring to, but appears that the majority of top 100 coins doing as well as, or better than BTC in the last month…obviously removing the stable coins. I bought 40k worth of shit coins when btc was at 50-55k. Now btc is at 40k and my shit coin stack is worth about $5500-6000 Quote Link to comment Share on other sites More sharing options...
WVU Posted December 4, 2023 Report Share Posted December 4, 2023 Let’s be real here. Any coin not named BTC or ETH is a shit coin. ADA with all their bullshit talk on special projects is also a shitcoin despite my holding hoards of it. Quote Link to comment Share on other sites More sharing options...
sleepy Posted December 4, 2023 Report Share Posted December 4, 2023 Up 5% today I made $25 on my 500 in my wallet Quote Link to comment Share on other sites More sharing options...
trytrytry Posted December 4, 2023 Report Share Posted December 4, 2023 I made $33 but whos counting. Quote Link to comment Share on other sites More sharing options...
IAG Posted December 4, 2023 Report Share Posted December 4, 2023 50 minutes ago, WVU said: I bought 40k worth of shit coins when btc was at 50-55k. Now btc is at 40k and my shit coin stack is worth about $5500-6000 Ugh, BTC must have been creeping up more than the alts until recently. With the ETF approvals pending, I imagine more money will go into BTC than the alts for DEC, but who knows. Just started paying attention again a month or two ago in anticipation of the halving. Quote Link to comment Share on other sites More sharing options...
sleepy Posted December 4, 2023 Report Share Posted December 4, 2023 Just made another 0.26 in the last hour. Quote Link to comment Share on other sites More sharing options...
raiders72001 Posted December 4, 2023 Author Report Share Posted December 4, 2023 3 hours ago, WVU said: the rising tide is not the same across the board. The big coins may gain 20% while shit coins only 5% which has been the case lately What happens is that when there's a crash, most of the shit coins hit zero. During a bull run, BTC hits first. Then it becomes alt season and you'll make a lot more with alts. There will be 100x and 1000x alts. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 5, 2023 Report Share Posted December 5, 2023 1 hour ago, sleepy said: Just made another 0.26 in the last hour. $2,600? Quote Link to comment Share on other sites More sharing options...
WVU Posted December 5, 2023 Report Share Posted December 5, 2023 1 hour ago, raiders72001 said: What happens is that when there's a crash, most of the shit coins hit zero. During a bull run, BTC hits first. Then it becomes alt season and you'll make a lot more with alts. There will be 100x and 1000x alts. The problem is you have to sell. It’s fucked up that every sale is a taxable event but it is what it is. I held most of my alts because I didn’t want to take the tax hit. That was a huge mistake Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 5, 2023 Report Share Posted December 5, 2023 Just now, WVU said: The problem is you have to sell. It’s fucked up that every sale is a taxable event but it is what it is. I held most of my alts. That was a huge mistake Can't you sell to someone's other wallet tax free? Quote Link to comment Share on other sites More sharing options...
sleepy Posted December 5, 2023 Report Share Posted December 5, 2023 3 minutes ago, FISHHEAD said: $2,600? 26 cents as in... candy in the expired date cart Quote Link to comment Share on other sites More sharing options...
IAG Posted December 5, 2023 Report Share Posted December 5, 2023 4 minutes ago, FISHHEAD said: Can't you sell to someone's other wallet tax free? You want to buy his AR Weave or Mina coins? Quote Link to comment Share on other sites More sharing options...
WVU Posted December 5, 2023 Report Share Posted December 5, 2023 I’m holding tons of once high performing coins like this piece of shit Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 5, 2023 Report Share Posted December 5, 2023 Just now, IAG said: You wany to buy his AR weave or Mina coins? Don't want, just asking to learn insight. Say someone has $100,000 in DOGE.............how much expense to transfer to BTC? Quote Link to comment Share on other sites More sharing options...
IAG Posted December 5, 2023 Report Share Posted December 5, 2023 1 minute ago, FISHHEAD said: Don't want, just asking to learn insight. Say someone has $100,000 in DOGE.............how much expense to transfer to BTC? Whatever fees the exchange charges, but you have to calculate the capital gain or loss as soon as you convert the Doge. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted December 5, 2023 Report Share Posted December 5, 2023 2 minutes ago, IAG said: Whatever fees the exchange charges, but you have to calculate the capital gain or loss as soon as you convert the Doge. Personally, or for someone else, at that time? Quote Link to comment Share on other sites More sharing options...
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