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re: Official CryptoTalk Thread

Posted on 2/11/21 at 5:24 am to
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5583 posts
Posted on 2/11/21 at 5:24 am to
GRT !!


LINK is right at $28 and is in the red for the day. I don’t mind that at al
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/11/21 at 6:11 am to
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/11/21 at 6:13 am to
Well one is rolling out slowly to ensure proper functionality, the other is trying to rush an update through to fix its ridiculous issues.


In the end I really don't give a shite, I'm not in it for the tech, I'm in it to make money and Ada is making me a ton.


How about GRT guys?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/11/21 at 6:14 am to
quote:

How about GRT guys?


I should have listened..
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5583 posts
Posted on 2/11/21 at 6:47 am to
quote:

How about GRT guys?


Had a bunch of Algo and traded half for GRT. GRT tanked right after and algo went higher. Then I swapped it all for GRT couple weeks ago. Happy I did. ALGO doing well too

Got any new graphs to post?
This post was edited on 2/11/21 at 6:48 am
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 2/11/21 at 7:23 am to
IOTA !!! Up 115% for the week.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/11/21 at 7:25 am to
quote:

IOTA


Now there’s a shitcoin I haven’t heard in a long time
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/11/21 at 7:30 am to
quote:

I should have listened..


bro sometimes we just come across something early that just screams that it will be needed across all platforms, for you that was link, for me that was GRT.

Cant hit them all. I mean I didnt listen to you on link until it was above $10.

atleast GRT is not even quite 10x from when i called it. Still will 20x from here in 5 years.
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/11/21 at 7:30 am to
BTW if anyone is looking at UNFI and thinking its too late....well 300-400% gains by the end of the year is cool too. Just sayin......


If you want a comparison for UNFI, go look at AAVE.
This post was edited on 2/11/21 at 7:33 am
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 2/11/21 at 7:31 am to
quote:

Now there’s a shitcoin I haven’t heard in a long time


They're all still shitcoins. Price means little in crypto.
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/11/21 at 7:43 am to
quote:

CE Tiger


hey can you please explain the HEX thing to me?

So I get how you stake and all of that. I understand they say they are paying out "inflation" / "interest" in the form of more hex.

What I do not understand is

- if the price of the token is going up over time vs USDC, wouldnt that be the inflation?

- if price is going up, how can you essentially "print" (in fiat terms) more tokens. Isnt that also negating inflation?


to me this is like saying, hey put your dollars in this safe with all these other people. We have no way to lend your money or stake your money anywhere but we will pay you "interest" based on inflation. ALso the value of your dollar is going up while sitting in the safe, oh and the FED reserve is printing more dollars while your money is sitting there.


it doesnt make sense. if someone is printing or making more of an object, the value of said object is going down by the rules of supply and demand. This is the beauty of finite supply coins like btc etc. So how can the supply continue to go up and the value go up at the same time?



yes I know PONZI scheme, but is there any other explanition?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/11/21 at 7:50 am to
I don’t understand it completely. Guys are making money on it that’s cool but it’s not my style .
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/11/21 at 7:55 am to
quote:

I don’t understand it completely. Guys are making money on it that’s cool but it’s not my style


but are they really making money or are they being paid in more hex that is defying all laws of economics? i guess ill ask around as I cant seem to get an answer on this.

In theory if there was centralized mechanisms to sue the capital raised to forma lending pool.....similar to aave and unfi, it could be great. but there isnt.


and where the hell does the capital from the sell off of tokens go?
Posted by lighter345
Member since Jan 2009
11893 posts
Posted on 2/11/21 at 8:03 am to
Converted all the shite coins coinbase earn gave me into GRT and a little more on top thanks to you.
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 2/11/21 at 8:06 am to
quote:

I should have listened

Same. I did jump in on UNFI though. And still kicking myself for dumping 75% of DOT at 21.50.
This post was edited on 2/11/21 at 8:09 am
Posted by supadave3
Houston, TX
Member since Dec 2005
31908 posts
Posted on 2/11/21 at 8:11 am to
Bought more BTC this morning. First new money I’ve sunk into Crypto in awhile, it had mostly been going into stocks. Not getting fancy with all these alt coins, just BTC, ETH, and a smaller % of LINK for me. Good luck everyone.
Posted by hg
Member since Jun 2009
127970 posts
Posted on 2/11/21 at 8:15 am to
So is the Dogecoin fun over with?
Posted by tween the hedges
Member since Feb 2012
20590 posts
Posted on 2/11/21 at 8:16 am to
Anyone still involved in VET?

I’m finally in the black from my first buy in 2018.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/11/21 at 8:18 am to
Strength X node has made almost $3k after 2 years. Pitiful compared to these other apys
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/11/21 at 8:41 am to
i have like $10 worth. I think vet is a good project in theory as I beleive block chain tech is the future of logistics, but i dunno how long or if it will ever catch on. Usually and I stress usually the very early protocols on these end up getting beat out by protocols that learn from the Originals mistakes.
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