People can spend their money on whatever they like and invest in whatever they choose. I’ve always taken a position that I want to invest in things that make sense to me and ideally something that would improve the world in some way
this post was submitted on 11 Mar 2025
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I think I saw this meme for the first time in 2017
What's funny is that, in 2017, the ETH high was something like $12. (It got up to $1300 in 2018)
Now, it's sitting at $2000 and it's a "crash".
The lesson here is to buy the dip and then check back in 5-10 years.
If you're gonna hodl for 5-10 years you probably don't even need to worry about buying on the dip 😂
True story. Patience is an investor's best friend.
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A thousand upvotes? Is this reddit?
What's the exchange rate of Reddit karma to Lemmy nothings?
Reddit karma uses a logarithmic function to determine the karma on a post. The first upvotes give 1 karma each, but the higher the number gets the less karma you get from additional upvotes.
This isn't even some theory based on observations, the reddit algorithm used to be completely open source so you can see how it works on github (or at least how it used to work 7 years ago).
Front page reddit posts with 50k points most likely have over a million upvotes in reality
Crazy that this is how I found out about this. I guess that's what I get for not being enough of a repost bot 😔
1,763.64:1
From 97 million active users from reddit vs 55k users from Lemmy.
stonks
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I didn't even know the counter could go to 4 digits.
It doesn't happen often, but when it does it's the equivalent of going viral around here lol
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1k upvotes here is like the equivalent of 50k on Reddit (probably I'm operating on dated info, who knows how much they screwed with the upvoting system by now lmao)
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This is what happens when you don't use crypto as god intended: purchasing medication from India and subscriptions to indexers.
Purchase Bitcoin right before purchase. Watch the spare change left over go up and down and imagine all the millions you could be winning or losing.
This is what happens when you don't use crypto as god intended: purchasing medication from India and subscriptions to indexers.
I'm not saying this is what I bought Monero for.
But this is what I bought Monero for.
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I think crypto is good for transactions, not storing money.
Like, crypto in general sucks, but digital anonymous money transfer is almost impossible without it.
The underlying tech is actually very cool and neat, unfortunately it got co-opted by cryptobros and bastardized :(
So energy intensive though. There has to be a less wasteful way to do proof of work
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You took the words right out of my mouth! I think the blockchain is a very neat technology, but cryptobros completely ruined that.
*checks ETH price*
Am I missing something? I've been staking since the switch. I'm doing just fine.
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What is an "Ethereum"? Some sort of subscription?
A cryptocurrency that recently lost a lot of its value
I can't wait for people to realize they're all in a pyramid scheme together. I'm sick of hearing bros saying crypto should be part of my portfolio.
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It's a pretty old cryptocoin: initally released back in 2015, and a significant change deployed in 2022. It was then when they changed from proof-of-work to proof-of-stake, which basically means that they don't use mining anymore to keep the network running. They use like 1% of energy compared to PoW coins.
Also they have some smart contract capabilities which I suppose Ethereum people think are important. But I've never seen any practical use for that stuff.
Still, I think Eth is one of the cryptos that actually tries to be useful and efficient in some way and not just a stupid pump and dump scheme. Turns out, nobody gives a fuck about that, perhaps?
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Ethereum is a petroleum based lube used in gay porn. When multiple dudes double dock during an orgy, that's called a block chain. The ethereum on their foreskins creates an immutable ledger.
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Omfg lol too good
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