Jump to content

Welcome to Demonland - Coinjar

La Dee-vina Comedia
in Melbourne Demons

Featured Replies

1 hour ago, Diamond_Jim said:

it's no more dodgy than gold if you think about it

A metal with no real value other than scarcity

No value at all except you can fashion it into rings & other pretty things which the other people in your village are prepared to buy off you in exchange for chickens, cows, sheep's wool, buckets of milk, axes,  ploughs, etc.

In my village I tried this with bitcoin but only got offered a few old tulip bulbs in return.

  • Quote
    • Like 2
     
    1 minute ago, Mazer Rackham said:

    No value at all except you can fashion it into rings & other pretty things which the other people in your village are prepared to buy off you in exchange for chickens, cows, sheep's wool, buckets of milk, axes,  ploughs, etc.

    In my village I tried this with bitcoin but only got offered a few old tulip bulbs in return.

    Have a read of David Graeber's DEBT. It blows the lid off barter and gold as a medium of exchange.

    Precious metals are just like crypto and unlike state money. Tax liabilities drive the value of state money. Nothing else can compete. But at least PMs have a history of people believing in their worth in times on instability.

  • Quote
    • Like 1
     
    • Demonland changed the title to Welcome to Demonland - Coinjar
    1 hour ago, david_neitz_is_my_dad said:

    I have a feeling the demographics of the MFC membership heavily favours those in the age group that wouldn’t know nor care what cryptocurrency is.

    Yeah but their financial advisors will ?

  • Quote

    13 minutes ago, A F said:

    Have a read of David Graeber's DEBT. It blows the lid off barter and gold as a medium of exchange.

    Thanks mate I've added it to my "to read" list on Goodreads.
    I watched a doco called "The Money Masters" a while ago which seems to have had a similar premise.

     

     

     

  • Quote
    • Like 2
     
    36 minutes ago, A F said:

    Have a read of David Graeber's DEBT. It blows the lid off barter and gold as a medium of exchange.

    Precious metals are just like crypto and unlike state money. Tax liabilities drive the value of state money. Nothing else can compete. But at least PMs have a history of people believing in their worth in times on instability.

    Precious metals have held their value for thousands of years, crypto has been around one decade.In countries where fiat currency has been reduced to the value of toilet paper due to wars, mismanagement and other catastrophes gold and silver are still king. We are lucky Australia hasn’t been one of them. But who knows what the future holds.

    Edited by John Crow Batty

  • Quote
    • Thanks 1

    People saying crypto has no future here probably said the same thing about the internet in the 90s. ? 

    You only need to take a look at the thousands of use cases for ethereum and smart contracts. 

    Edited by AllMyTeamsAreWank

  • Quote
    • Like 1

    Not an auspicious time to make the public announcement for the crypto fans!

    Hopefully a very different trajectory than the Deeeeezzz

     

    CF6F5B01-AA79-4DB2-9B57-CE884C40302A.jpeg

  • Quote

    There is probably a good reason other clubs have not signed up to coinjar or the like. Not sure it is such a coup. Some supporters will see it as re-entering gambling

  • Quote
    • Like 1

    Petracca’s new contract ?

     Does this sit outside the salary cap?

     

  • Quote
    34 minutes ago, Kiss of Death said:

    Not an auspicious time to make the public announcement for the crypto fans!

    Hopefully a very different trajectory than the Deeeeezzz

     

    CF6F5B01-AA79-4DB2-9B57-CE884C40302A.jpeg

    It’s like buying a slab of beer for $50 today,  $80 next week and $15 the week after. 

  • Quote
    1 hour ago, AllMyTeamsAreWank said:

    People saying crypto has no future here probably said the same thing about the internet in the 90s. ? 

    You only need to take a look at the thousands of use cases for ethereum and smart contracts. 

    crypto must be good..........cos it's digital

  • Quote
    • Like 1

    Meanwhile, Elon has just walked away from it and some ethical investors are beginning to divest. 

  • Quote
    5 hours ago, david_neitz_is_my_dad said:

    I have a feeling the demographics of the MFC membership heavily favours those in the age group that wouldn’t know nor care what cryptocurrency is.

    You are right but I am trying to learn about cryptocurrencies

  • Quote
    • Like 1
    3 hours ago, AllMyTeamsAreWank said:

    People saying crypto has no future here probably said the same thing about the internet in the 90s. ? 

    You only need to take a look at the thousands of use cases for ethereum and smart contracts. 

    Agreed, but it’s def a tough fight in here isn’t it. lol. let’s return to this subject in the future. 

  • Quote
    •  

    Try finding the right coin to jump on.

    Had a look in 2018 and jumped on a couple of training stocks but luck of the draw really.

    No doubt a life changer if you jump on the right coin though.

  • Quote
    5 hours ago, Wells 11 said:

    Crypto offerings are  happening through traditional banks in the USA now. JP Morgan, Grey Scale Trust etc . Its also on the books in billion dollar ways of major corporations ie Micro strategy, Tesla and many others. No need to confine it to a a demographic...its coming soon to a town near you ;-) 

    Using U.S banks as a measure of trust and assurance is hardly a source of comfort. 

  • Quote
    • Like 1

    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.

    Guest
    Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
    Reply to this topic...
    Go to topic listing

    Featured Content

    • WHAT’S NEXT? by The Oracle

      What’s next for a beleagured Melbourne Football Club down in form and confidence, facing  intense criticism and disapproval over some underwhelming recent performances and in the midst of a four game losing streak? Why, it’s Adelaide which boasts the best percentage in the AFL and has won six of its last seven games. The Crows are hot and not only that, the game is at the Adelaide Oval; yet another away fixture and the third in a row at a venue outside of Victoria. One of the problems the Demons have these days is that they rarely have the luxury of true home ground advantage, something they have enjoyed just once since mid April. 

        • Thanks
      • 0 replies
      Demonland

    • REPORT: Gold Coast

      From the start, Melbourne’s performance against the Gold Coast Suns at Peoples First Stadium was nothing short of a massive botch up and it came down in the first instance to poor preparation. Rather than adequately preparing the team for battle against an opponent potentially on the skids after suffering three consecutive losses, the Demons looking anything but sharp and ready to play in the opening minutes of the game. By way of contrast, the Suns demonstrated a clear sense of purpose and will to win. From the very first bounce of the ball they were back to where they left off earlier in the season in Round Three when the teams met at the MCG. They ran rings around the Demons and finished the game off with a dominant six goal final term. This time, they produced another dominant quarter to start the game, restricting Melbourne to a solitary point to lead by six goals at the first break, by which time, the game was all but over.

        • Clap
        • Thanks
      • 0 replies
      Demonland

    • CASEY: Gold Coast

      Coming off four consecutive victories and with a team filled with 17 AFL listed players, the Casey Demons took to their early morning encounter with the lowly Gold Coast Suns at People First Stadium with the swagger of a team that thought a win was inevitable. They were smashing it for the first twenty minutes of the game after Tom Fullarton booted the first two goals but they then descended into an abyss of frustrating poor form and lackadaisical effort that saw the swagger and the early arrogance disappear by quarter time when their lead was overtaken by a more intense and committed opponent. The Suns continued to apply the pressure in the second quarter and got out to a three goal lead in mid term before the Demons fought back. A late goal to the home side before the half time bell saw them ten points up at the break and another surge in the third quarter saw them comfortably up with a 23 point lead at the final break.

      • 0 replies
      Demonland

    • PREGAME: Rd 17 vs Adelaide

      With their season all over bar the shouting the Demons head back on the road for the third week in a row as they return to Adelaide to take on the Crows. Who comes in and who goes out?

        • Thanks
      • 102 replies
      Demonland

    • POSTGAME: Rd 16 vs Gold Coast

      The Demons did not come to play from the opening bounce and let the Gold Coast kick the first 5 goals of the match. They then outscored the Suns for the next 3 quarters but it was too little too late and their season is now effectively over.

        • Sad
        • Like
      • 231 replies
      Demonland

    • VOTES: Rd 16 vs Gold Coast

      Max Gawn has a massive lead in the Demonland Player of the Year award ahead of Jake Bowey, Christian Petracca, Clayton Oliver and Kysaiah Pickett. Your votes please. 6, 5, 4, 3, 2 & 1.

        • Thanks
      • 41 replies
      Demonland
    View All