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Started By
Message
re: Another Crypto network imploding (Celsius)
Posted on 6/18/22 at 3:21 pm to JKLazurus
Posted on 6/18/22 at 3:21 pm to JKLazurus
quote:
2013, mostly just #Bitcoin
2017, ICOs (#ETH, ERC20, #BNB, etc)
2021, DeFi, NFTs, Licenses, Fan Tokens, Payments, GameFi, Metaverse(?), and more...
Still early for this tech. This is a good time for the folks that hate on it because they missed it "early" to get in.
3
Posted on 6/18/22 at 3:23 pm to 21JumpStreet
quote:
Still early for this tech. This is a good time for the folks that hate on it because they missed it "early" to get in.
It's looking like everyone is going to get a second chance.
Posted on 6/18/22 at 3:39 pm to 21JumpStreet
quote:
This is a good time for the folks that hate on it because they missed it "early" to get in.
Besides the fact it’s way down from where it was, how do you know this is a good price?
edit: Im a huge crypto skeptic, but I’m really trying to take an honest look at whether we’re getting to a point with these prices that a high risk small investment is in order.
This post was edited on 6/18/22 at 3:41 pm
Posted on 6/18/22 at 3:41 pm to 21JumpStreet
quote:
Still early for this tech. This is a good time for the folks that hate on it because they missed it "early" to get in.
Dime a dozen and a new shitcoin is born practically every day.
Posted on 6/18/22 at 3:44 pm to Jon Ham
quote:
Im a huge crypto skeptic, but I’m really trying to take an honest look at whether we’re getting to a point with these prices that a high risk small investment is in order.
If you didn't believe in it at 60k, why do you believe in it at under 18k?
Posted on 6/18/22 at 3:47 pm to Grievous Angel
quote:
If you didn't believe in it at 60k, why do you believe in it at under 18k?
I don’t, but I’m looking for a reason to. Eth seems to have a better case for value on its face than bitcoin but I’m just scratching the surface with learning about all this.
Posted on 6/18/22 at 3:52 pm to Jon Ham
I mainly only believe in bitcoin. It's a decent price I think because you see the trend. It was omg, it dipped below $20 years ago, omg it dipped below $200 years ago, omg it dipped below $2000 years ago, and now it's omg, it dipped below 20k.
Posted on 6/18/22 at 3:54 pm to Grievous Angel
Yup. That's why btc only. Pow + lightning network is the future. Everything else is a gamble imo
Posted on 6/18/22 at 4:16 pm to Jon Ham
quote:
Besides the fact it’s way down from where it was, how do you know this is a good price?
edit: Im a huge crypto skeptic, but I’m really trying to take an honest look at whether we’re getting to a point with these prices that a high risk small investment is in order.
I love this investment strategy. Why close the door on any investments unless it's illegal?
No one knows where the prices stops dipping. Bitcoin has only existed during the longest bull run in history. We have seen multiple 85%+ drops history. It's safe to start there.
21 Jump Street, I know you Bitcoin maxis shun everything else, but everything is running through ETH these days and these newer networks have tons of development on them that doesn't even exist on ETH and can't exist on ETH due to high network fees. It's why Solana is so popular - blazing fast and cheap.
Posted on 6/18/22 at 4:16 pm to 21JumpStreet
quote:
It's a decent price I think because you see the trend. It was omg, it dipped below $20 years ago, omg it dipped below $200 years ago, omg it dipped below $2000 years ago, and now it's omg, it dipped below 20k.
That’s some impressive technical analysis you’ve done
Posted on 6/18/22 at 4:20 pm to iAmBatman
Simple analysis for the simple minds
Posted on 6/18/22 at 4:20 pm to iAmBatman
Has BTC ever had this much leverage associated with it before? It seems like as margin calls start to come in that this could get much worse than any other sell-off/correction and I think it's going to leave some scars on investors that aren't going to heal anytime soon.
This post was edited on 6/18/22 at 4:21 pm
Posted on 6/18/22 at 4:23 pm to tenderfoot tigah
I get that. But lightning network fixes this for btc. Pow for security, lightning network for blazing fast speeds and lapps(similar to dapps)
Posted on 6/18/22 at 4:56 pm to cable
quote:
Has BTC ever had this much leverage associated with it before? It seems like as margin calls start to come in that this could get much worse than any other sell-off/correction and I think it's going to leave some scars on investors that aren't going to heal anytime soon.
You hit the nail on the head. And I will be there to buy the pieces. BTC absolutely did not have this much leverage in years past.
Posted on 6/18/22 at 5:43 pm to cable
quote:Never, hence why this crash is much worse than most expected
Has BTC ever had this much leverage associated with it before?
Posted on 6/18/22 at 6:05 pm to 21JumpStreet
quote:
lapps
Is that just smart contracts on the lightning network?
When is the lapp update going live?
This post was edited on 6/18/22 at 6:06 pm
Posted on 6/18/22 at 7:18 pm to tenderfoot tigah
quote:
And I will be there to buy the pieces.
Same here...buy and hold...
Posted on 6/18/22 at 8:46 pm to tenderfoot tigah
Pretty much. Already live.
Try reading mastering lightning network(I still need to)
Try reading mastering lightning network(I still need to)
This post was edited on 6/18/22 at 8:50 pm
Posted on 6/18/22 at 9:41 pm to 21JumpStreet
Even the book prices are crashing.
Posted on 6/18/22 at 9:45 pm to Jon Ham
I used to be a skeptic, but like you, I did some decent research and found a lot to like. Look at it with an open mind. You may come to different conclusions than I did, but at least you did the digging.
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