Who buys crypto? TXC coin has skyrocketed!!!

I have a little Doge, LTC, and BTC that I bought 7 years ago. LTC is not doing that well.
 
I said the same thing over ten years ago... Except the value of BTC has raised like 3000% instead. Kicking myself for selling my coins.
I can understand that… I remember when selling mine at a 40% profit that I thought I was doing good. I was actually at work and using my company iPad to sell them.
They sold them at $11,000 🥲

I actually have a couple fragments left over which is kind of neat as a consolation prize. But absolutely nothing close to what it could’ve been.

Play to have some XRP, which has gone no place except recently. I never sold that paid around 35 cents.
Now, if I could just remember what hard drive it’s on…some outdated computer🥲 still not that much though.
 
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I made some money several years ago when I bought Dogecoin on a complete whim, before there was any news about it. I just remembered seeing it on the side of a Nascar car one time many moons ago. It was basically worthless so I bought a ton of it thinking maybe it would be worth a couple of dollars some day. Ending up making around a nice chunk of change when I sold it at its peak. I own 675K worthless Shiba Inu coins now, but nothing else.
 
What is crypto?
Is it a currency or a commodity?
What real use is there for it other than laundering money or making sanctioned or otherwise illegal transactions?
 
I wish I bought $100 worth on BTC when I first learned about it and it was about 10c.
Crypto can be currency, commodity or property depending on its purpose and how regulators look at it.
There are many 'get rich fast' crypto projects practicing 'pump and dump' and there are many legit ones that have purpose.
Benefits of 'proper' crypto are in their portability, low storage cost and inability to fake it as well as fast and cheap transfers.
Unlike crypto, digital currency which govs will be mandating on us soon can be 'printed' and made with expiry date.
As far as illegal use, cash is still king in illegal use, anything can be used with illegal intent, even exchanging labor for goods can be illegal.
 
I can understand that… I remember when selling mine at a 40% profit that I thought I was doing good. I was actually at work and using my company iPad to sell them.
They sold them at $11,000 🥲

I actually have a couple fragments left over which is kind of neat as a consolation prize. But absolutely nothing close to what it could’ve been.

Play to have some XRP, which has gone no place except recently. I never sold that paid around 35 cents.
Now, if I could just remember what hard drive it’s on…some outdated computer🥲 still not that much though.

I missed a zero, it's 35,000% increase in the past 10 years. My $200 funvestment would have been $74k. If somebody put $1000 in btc in 2015, it would be worth $350k now. That's so crazy.

I think my mom and stepdad have some investments in XRP for a few years now. I haven't heard any trends with XRP for a while now so I have no idea how that's going but I haven't followed much of it since selling, other than to remind myself what I missed out on.
 
I missed a zero, it's 35,000% increase in the past 10 years. My $200 funvestment would have been $74k. If somebody put $1000 in btc in 2015, it would be worth $350k now. That's so crazy.

I think my mom and stepdad have some investments in XRP for a few years now. I haven't heard any trends with XRP for a while now so I have no idea how that's going but I haven't followed much of it since selling, other than to remind myself what I missed out on.
Wow... One of those sad points in life that you will most likely never forget selling your coins. I kind of know the feeling.

XRP for me was a waste. The reason I invested in it is it was the real value of it. Actually used by some overseas financial institutions to conduct business. Money transfers are instant instead of wiring funds. XRP was designed to be stable for those transactions. The way everyone said that bit coin was like gambling BACK THEN, I thought ok, well let be get some XRP that real institutions were using to do instant transactions. Including some banks. Well, that was the problem, it was so stable it never went anywhere and is still used today. *LOL*

Anyway it's at around $2.85 today I think I paid in the 30ish cents range. I do want to get rid of it now just lazy to fire up and figure which computer its on. Will then have to move it into coin base to sell I guess. I hope it stays in the current range for a while until I get up the motivation to do something with it. Who knows? Maybe by me continuing to be lazy ti will take off some day. What do I know? Well it most likely will never as I believe there is no limit to how much XRP can be produced and why it is stable.
 
My opinion of crypto has changed over the years but the only thing I trust right now is that maybe when multiple other big whales have trust in them as currency equivalent then I will trust them.

By big whales I mean sovereign funds and central banks, holding them like gold and silver. So far I think only bitcoin and maybe ETH has reached that status and every small coins are still just speculative at the moment.
 
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