Crypto Currency - Believers Only

Lasersight

To buy memecoins you need a wallet such as metamask or trust wallet. You then connect pancakeswap to the wallet. You then find the contract id to swap between coins using coinmarketcap or coingecko.
You will need to increase the slippage to 11%.
There is an issue with pancakeswap as they are changing their liquidity pool from v1 to v2.

Smallman1

Lasersight To buy memecoins you need a wallet such as metamask or trust wallet. You then connect pancakeswap to the wallet. You then find the contract id to swap between coins using coinmarketcap or coingecko.
You will need to increase the slippage to 11%.
There is an issue with pancakeswap as they are changing their liquidity pool from v1 to v2.

What a time to be alive!

Funky

Shiba now on Binance.

benson

Somewhere up thread wally said something to the effect of ‘everybody will get paid’. I’m intrigued to know how that works because the way I see it is that the last people to pile in will get fucked. Proper fucked. Like the hare. You cannot have a situation where everybody gets paid. It does not work like that. In fact the whole point of bitcoin is a static number of final coins precisely to avoid that. So the profit made by some, by definition has to be the losses of others.

Wally

Can you be a bit more specific with whatever I said please B?

The idea of bitcoin is a limited number of coins for enforced scarcity but when they do stop being ‘minted’ in 8 years or so the idea is that the network is so prevalent that transaction fees are enough to keep miners powering the network.

benson

Wally “After all, if it ramps up the price, everyone gets paid ” - that is logically impossible, The people getting ‘paid’ in fiat currency do win, but those doing the paying lose out. Sure if it keeps going up then everybody wins. But that is not possible, at some point the fiat currency will run out. The music stops and somebody is without a chair

Wally

Other networks are under no obligation to use a limited number of coins of course. Some don’t.

Wally

Dunno where I said that tbh mate. Reply to the post maybe?

benson

Wally Here you go

Wally

By ‘everyone’, I meant people invested in the digital currency. Supply and demand. The more people who invest, the higher the price goes. Hence, a welcoming comunity keen to assist people.

Still not quite sure what you’re getting at here. The people who sold the coins lose out? How’s that any different from any stock? There’s a finite supply of coins so it can’t keep rising forever? Fiat currency is finite and all newly issued fiat currency is future debt.

Old-Dutch

Fuck it I’ve just thrown £200 into a Binance account and I’m in

mono-stereo

Old-Dutch Did you verify yourself and use faster payments to deposit or did you just use a card? Having problems verifying my ID and people on reddit are saying it can take weeks :S

LT42

Can anyone explain what ‘Smart Contracts’ are in layman’s terms?

Hursty

LT42 They are essentially a contract written in code or a programming language.

Once created they cannot be changed or manipulated.

For example in a simple escrow function, currency is deposited and is only released if certain criteria is met, such as a date has past, or currency has been added to a specific account etc.

They are mathematical contracts that are financial instruments. In WEB 3.0 you browser interacts with the blockchain using smart contracts or dApps.

Old-Dutch

mono-stereo

Yes, this was a ball-ache. I deposited £200 in GBP and then bought a couple of currencies I could with that before transferring those to other currencies. I have absolutely no idea what I am doing - BUT I FUCKING LOVE IT

LT42

Hursty nice one, mate 👍

Hursty

https://www.ft.com/content/c982082b-c890-4880-b438-f8b3cae83a4b

Wally

Hursty Hursty must be rolling in it if he’s got an FT subscription.

Old-Dutch

Mine seems to have verified overnight

Wally

Made 4 quid from SPE so far. Bask in my reflected glory Jaded Clubbers!

Amps

Wally Again, where did you buy from?

Hursty

https://coingape.com/goldman-sachs-md-becomes-dogecoin-doge-millionaire-quits-company/

Profit is profit as they say

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