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re: Official CryptoTalk Thread

Posted on 3/4/21 at 11:23 am to
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/4/21 at 11:23 am to
i will agree with that
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/4/21 at 12:05 pm to
gold < $1700


geesh
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 3/4/21 at 1:01 pm to
quote:

where do we go from here


IOTA?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/4/21 at 1:03 pm to
arent they doing full-body open surgery on the ecosystem and totally changing everything?
Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 3/4/21 at 1:16 pm to
Theta? That's the only project I have been able to find that has leaders from big name companies, co founders of YouTube and twitch


Nvm, they are just advisers.
This post was edited on 3/4/21 at 1:18 pm
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 3/4/21 at 1:17 pm to
One must do one's own research with an open mind and look beyond the headlines.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/4/21 at 1:20 pm to
im genuinely asking, i keep an eye on iota just in case i need to pivot to it

ill look into it but thats what i heard
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5159 posts
Posted on 3/4/21 at 1:22 pm to
quote:

yea i expect a bounce at the 45.5 or 46 mark up to above 50 then back to low 40s again.


What’s your thoughts now?
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 3/4/21 at 2:33 pm to
quote:

arent they doing full-body open surgery on the ecosystem and totally changing everything?


You do realize that pretty much all of these crypto coins are works in progress right?

The #2 market cap project doesn't even have a release date for a change of consensus mechanism to their entire network. Nobody seems too worried about that.

Same with Cardano, LINK and probably many more that are continually making changes to their protocols to fix problems as they arise--hence forks and updates.


As for IOTA I just like to remind folks occasionally that it is undervalued and overlooked in an insane, overvalued market. I'm not the type to do the convincing of why but I'd attempt to answer any serious questions that doesn't require too much typing.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80856 posts
Posted on 3/4/21 at 3:17 pm to
I'm ready for this consolidation to be over and our next let up to $65k start. This sideways stuff is boring
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/4/21 at 3:19 pm to
Necessary
Posted by 98eagle
Member since Sep 2020
1998 posts
Posted on 3/4/21 at 3:37 pm to
GBTC (Grayscale Bitcoin Trust) is now at an approx. negative 6% premium to BTC.

Does this just mean it's a great time to buy GBTC (cheaper than buying BTC directly) and hope that the GBTC premium eventually turns back positive? Or should this be worrisome since the premium has gradually gone more negative over the past week?

Seems like a positive to me, but wanted to see what others think.
Posted by CE Tiger
Metairie
Member since Jan 2008
41587 posts
Posted on 3/4/21 at 6:14 pm to
quote:

Same with Cardano, LINK


If you associate Link with Cardano again, we gonna have problems
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 3/4/21 at 7:34 pm to
Eh, I couldn't explain what separates Ada from the pack of other supposed "ETH killers". I doubt most of those that bought into it could either. Could you?

My point is only that most of the projects are still "under construction" and sort of adapting and revising code as they go.

Didn't LINK recently announce some new update that deals with scalability?
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 3/4/21 at 7:40 pm to
dip tonight

Here I go buying again...
This post was edited on 3/4/21 at 7:40 pm
Posted by jwn0002
Member since Oct 2019
29 posts
Posted on 3/4/21 at 7:50 pm to
When your wife asks why all of your furniture is for sale on Craigslist we can redirect her to this post.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 3/4/21 at 7:56 pm to
More like the bank forecloses on the house
This post was edited on 3/4/21 at 7:57 pm
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 3/4/21 at 8:01 pm to


Ready for the moon!
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 3/4/21 at 10:04 pm to
quote:

My point is only that most of the projects are still "under construction" and sort of adapting and revising code as they go.


The entire market is speculative. One would be hard pressed to name a platform that's proven itself at scale. I'm interested in the ones that have either best conceptualized a DLT solution or that are committed to changing whatever needs to be changed to arrive at the solution.

Anyone who thinks their pet project has planted any flags on the moon is delusional. Nobody has cracked it yet.
Posted by LSUJuice
Back in Houston
Member since Apr 2004
17692 posts
Posted on 3/4/21 at 10:47 pm to
quote:

As for IOTA I just like to remind folks occasionally that it is undervalued and overlooked

With a market cap of 3.5b?
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