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Message
re: Official CryptoTalk Thread
Posted on 2/10/21 at 9:13 am to LSUJuice
Posted on 2/10/21 at 9:13 am to LSUJuice
quote:
This is all great, thanks. I just have a hard timing jumping into new coins right now after a week of gains. Would really like to see a dip soon.
not really going to get better dips then you are seeing this morning. It is at the dip now!!
Link-you may and i emphasize may be able to get it under $26, right now at low $26 its a very safe buy.
Grt- its back around a dollar. WIll be $1.40ish by end of the month. this is the dip.
Ada-has fallen to 0.81, this is the dip
Unfi-is below $25, this si the dip
Dot-back below $23, this is the dip
Cosmos- back down around $14, this is the dip
Vet- down 5%, this is the dip.
1
Posted on 2/10/21 at 9:17 am to lsu777
I like all your projects but Ada. Just don’t see it as a legit Eth competitor
Posted on 2/10/21 at 9:18 am to Ron Cheramie
quote:
That dip may never happen
I have been watching Aave since the first of the year and kept hesitating to buy. Could have bought for less than $90 on January 1. Then it goes to $150 and I said it’s too late. Then it goes to $200, then $250, and I said it’s definitely too late now. Then it doubles from there in less than three weeks
1000% gains are cool, real cool
But 500% gains are cool too
^
|
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THIS!!!
1000% gains are awesome
500% gains are awesome
300% gains are great but not as cool as 500%
100% is cool, but not nearly as cool 300%
Posted on 2/10/21 at 9:19 am to CE Tiger
quote:why is that?
I like all your projects but Ada. Just don’t see it as a legit Eth competitor
Posted on 2/10/21 at 9:23 am to lsu777
It has no utilization. Who are it’s users? What is the actual product?
Posted on 2/10/21 at 9:24 am to lsu777
So Elon tweeted about Doge 15 mins ago and it’s jumped up a cent 
I’m going to give it an hour, there’s a good chance Doge will be over 9 cents (doubling my investment). Then I’m taking out my profit and putting it back in Bitcoin. I’ll keep the rest in Doge, why the hell not
I’m going to give it an hour, there’s a good chance Doge will be over 9 cents (doubling my investment). Then I’m taking out my profit and putting it back in Bitcoin. I’ll keep the rest in Doge, why the hell not
Posted on 2/10/21 at 9:26 am to CE Tiger
quote:
It has no utilization. Who are it’s users? What is the actual product?
SO you dont know anything about ADA then?
Posted on 2/10/21 at 9:34 am to jimbeam
To sum up...
The crypto market, as a whole, is an unregulated market comprised mostly of participants who don't understand the inner workings of the coins being traded nor do they believe in the long term prospects of said projects.
Is that a fair assessment?
The crypto market, as a whole, is an unregulated market comprised mostly of participants who don't understand the inner workings of the coins being traded nor do they believe in the long term prospects of said projects.
Is that a fair assessment?
Posted on 2/10/21 at 9:59 am to Douglas Quaid
quote:
Is that a fair assessment?
yes. Not all dont believe, but most dont have enough of an informed opinion to believe or not to believe.
Posted on 2/10/21 at 10:46 am to JayDeerTay84
Trx has more integrations and thats the shittiest of shot coins
Posted on 2/10/21 at 10:53 am to CE Tiger
quote:
Trx has more integrations and thats the shittiest of shot coins
That is not what I asked. You asked basic levels of questions that any minor level of research would have uncovered.
Its ok if you aren't up-to-date on a project. Just say so.
Posted on 2/10/21 at 11:10 am to lsu777
quote:
most dont have enough of an informed opinion to believe or not to believe
Correct. And even if "most" did actually research the projects the vast majority of the most do not have the technical expertise in fields like computer science/networking/security/economics needed to sort the wheat from the chaff anyway.
Thus, "most" are merely buying into a marketing scheme. The vast majority of crypto are buyers of a marketing scheme.
Is that also a fair assessment?
Posted on 2/10/21 at 11:15 am to Douglas Quaid
quote:
Thus, "most" are merely buying into a marketing scheme. The vast majority of crypto are buyers of a marketing scheme.
This could be said for traditional investments as well.
Posted on 2/10/21 at 11:32 am to JayDeerTay84
quote:
This could be said for traditional investments as well.
True, though I'd argue that applies more to sectors such as tech and biotech than utilities and consumer cyclicals. Not much research is needed to verify that chlorox cleans.
Still, the stock market is regulated by the SEC and thus companies must provide some bare minimum transparency as to their operations, financials, etc.
Crypto...not so much. Crypto is a lot like penny stocks...on steroids....and crack cocaine.
Posted on 2/10/21 at 11:35 am to Douglas Quaid
quote:
Crypto...not so much. Crypto is a lot like penny stocks
It all starts somewhere. Marketing is what got Tesla, Amazon, Apple, etc to where it is now.
The vision is always before the product.
This post was edited on 2/10/21 at 11:36 am
Posted on 2/10/21 at 11:35 am to JayDeerTay84
New to stocks and was wondering if now is a good time to invest in Bitcoin or should I wait for a nice dip? Long-term investment
Posted on 2/10/21 at 11:38 am to CE Tiger
quote:
It has no utilization. Who are it’s users? What is the actual product?
it is a blockchain just like eth. Here are the advantages over ETH
lower fees than eth
much more scalable than eth due to proof of stake
much better inter operability with other chains
far more decentralized and autonomous than eth
ADA is a commerical project with all coders and researchers being paid a salary. ETH is community developed from random unpaid people who dont all agree on paths forward.ETH does have the largest developer community, but eth is based on a prgramming language that is not familiar to those outside the crypto sphere, thus limiting the pool of qualified developers. ADA is based on Marlower programming language, which is much more traditional programming language and simplier and thus has an almost unlimited army of developers. This allows almsot anyone to develop a smart contract.
ADA is already using POS instead of POW. ETH2.0 should fix that, but ADA is already so far ahead and POS is so much more energy efficient.
ETH is struggling to get 2.0 out, ADA has a very clear path on the next two upgrades. Once the Basho update is introduced, ADA will tower over ETH in scalability with the ability to introduce an almost unlimited number of side chains.
With the updates and the pre planned rollouts, it is allowing ADA to function seamlessly. ETH, not so much. ETH fricking sucks at updates.
ADA allows native staking suopport for small balances which tends to get people to stake directly with Cardano and not third parties. Also the staking mechinisim is much better ahn ETH. Cant even stake ETH unless you have a minimum of 32 tokens unless you use something like rocket pool. When you have to use pools for staking, that brings back centralization.
ETH has its main advantage of being essentially first to market allowing it to develop a large crowd sourced development team. ETH must fix the ridiculous gas fees and the lack of Proof of stake then. To do that the 2.0 platform must be a success. Problem is it keeps getting pushed back. They killed the planned plasma update and the sharding update.
They also have to fix the transaction per second(tps) situation. Its insane how far behing ETH is in terms of TPS compared to the other block chains.
as far as who the users are, that depends on the developers who should in theory gravitate toward the superior block chain, which compared to ETH, it very much is(avalanche is prolly the best as far as tech goes)
Understand though wiht the launch of the Ethereum Virtual machine testnet, ADA now supports full backwards compatibility between Ethereum and allows the established development team that ETH has to write in teh the ETH primary language (solidity) along with writing in ADAs MuKN code and the evm code.
Sure Cardano has a ton of catch up to do just in the number of applications using the chain.
anyways enough geek talk.
Posted on 2/10/21 at 11:40 am to Tiger_Eye
quote:
New to stocks and was wondering if now is a good time to invest in Bitcoin or should I wait for a nice dip? Long-term investment
literally anytime is a good time to invest in bitcoin if looking for a long term investment. You prolly are in the dip if being honest.
Posted on 2/10/21 at 11:43 am to lsu777
Remember when BTC dipped below 30k? Fun stuff
Posted on 2/10/21 at 11:46 am to Douglas Quaid
quote:
True, though I'd argue that applies more to sectors such as tech and biotech than utilities and consumer cyclicals. Not much research is needed to verify that chlorox cleans.
Still, the stock market is regulated by the SEC and thus companies must provide some bare minimum transparency as to their operations, financials, etc.
Crypto...not so much. Crypto is a lot like penny stocks...on steroids....and crack cocaine.
No offense, but wtf is the point of all these questions?
99% that invest in stocks dont know shite about them. The sec doesnt really regulate shite. if they did you wouldnt have the problems we have had. They are nothing but the arm of politicians that control them, reaching out to slap an elites hand when told. the otehr 99% of the tuime they are too busy bowing to the elite.
All the white papers for every coin is out there and available. just like in stocks, either do the research or dont. I cant help stupid people who are not smart enough to understand tech or use the unlimited resources available to learn these things. Just like i couldnt help stupid people who bought GME stock at $400 or AMC at $16 and not selling. Stupid people will always exist.
In the end though, what hte frick point are you trying to make. I mean operations for these things are in the white paper. Financials....well things like BTC are not a company, many other projects are crowd sourced. They do report when they sell off tokens for fund raising and the XRP case should prove they are regulated by teh SEC. so again I ask...what is the point of all of these questions?
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