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Started By
Message
re: Official CryptoTalk Thread
Posted on 2/27/21 at 7:21 pm to UnluckyTiger
Posted on 2/27/21 at 7:21 pm to UnluckyTiger
quote:
Do we think ADA retraces a little after main net?
Buy the rumor, sell the news
Supposed to be listed on Coinbase as well
0
Posted on 2/27/21 at 8:18 pm to finchmeister08
we’ll see I guess, who knows
For HODLers it just presents more buying opportunities
For HODLers it just presents more buying opportunities
Posted on 2/27/21 at 8:47 pm to Ross
if i was a betting man, looking at this depth chart, <$45k for BTC is a possibility? that huge wall is the $45k mark.
This post was edited on 2/27/21 at 8:49 pm
Posted on 2/27/21 at 8:52 pm to Ross
this ETH vs ADA vs BNB vs DOT battle has been getting heated on twitter 
CZ has tweeted about ETH over 10x today
CZ has tweeted about ETH over 10x today
Posted on 2/27/21 at 9:07 pm to rocket31
quote:
CZ
just saw where he said
quote:
ETH 2.0 is still years away
Posted on 2/27/21 at 9:41 pm to finchmeister08
Less right now
Posted on 2/27/21 at 10:52 pm to DallasTiger11
quote:
Is SCRT a cosmos project? I’m getting more and more bullish on cosmos by the day
SCRT is its own chain, but built with the Cosmos SDK. SCRt essentially allows people to "bridge" their ERC20/BSC tokens onto the Secret Network in the form of private smart contracts that encrypt the tx inputs in a Trusted Execution Environment. Meaning nobody can see what tokens you own or what you do with them. This has the byproduct of enabling encrypted mempools, which has the byproduct of preventing "frontrunning" bots on the Secret Swap app.
Gas fees are very, very low, and swap speeds are usually seconds. Nobody can watch you swaps happen either, which is good for a number of reasons. The catch is that Secret token transactions are auditable, making them suitable for AML/KYC compliance regulations.
Right now, the bridge is active, and big rewards are being paid to people staking their ERC20 tokens on the bridge. 20%+ range for most tokens. The bridge serves to offer anonymity to people who may want to disassociate their ETH or ERC20s from the wallets they are currently using. If you post your ETH on the bridge, you will get sETH on the Secret Network. When you take your ETH off the bridge, you can send it to whichever wallet you want. The more people using the bridge, the bigger the obscurity pool. That's why they are posting bounties for locking coins on the bridge.
Posted on 2/27/21 at 10:56 pm to Vols&Shaft83
quote:
Opinions desired, since ETH is trading in the 1400 range, down from 2K a week ago, and since Coinbase is offering 7.5% ETH2 staking rewards soon, should I go ahead and get a bigger position now? Do you anticipate a massive ETH bump after staking rewards go live?
There are billions of $ in ETH currently staked right now for the 2.0 update. The EIP that's upcoming is going to create an ETH sink as well. Add the massive amount of staking that been building on a number of emerging AMMs, and i think it's safe to say that ETH holders are not going to really regret that decision. Not financial advice, I'm just a guy saying shite on the internet.
This post was edited on 2/27/21 at 10:57 pm
Posted on 2/27/21 at 10:59 pm to SwampdogDC
quote:
what effect does a hard fork have on prices?
Not clear at this point, but there are a couple of things I have been mulling over. 1. The hard fork won't reduce fees enough to make apps on the network usable. They need 2.0 before that's ever going to happen. 2. Lowering ETH gas fees makes it feasible for a bigger number of smaller wallets to actually send their eth to exchanges and swap.
Posted on 2/28/21 at 7:32 am to ChuckO1975
So my current positions in order
BTC (Holding, buying and converting alts as I go)
ATOM (in at a basis of $13, Holding)
GRT (still way up on this, but I'd love another unreasonable run up close to 2.90)
ALGO (frick, for the love of God, go on a run please, I just want to break even and get out. Need it to get to $1.30)
ETH- (I'm down roughly 5% on this as of this morning, I don't even care about staking for 2.0 anymore, my entire position is worth maybe $150, I'll probably just sell when it's above $1500 again)
COMP- (Position is still worth around $100, Used to be be my biggest holding, first crypto I ever bought, converted all but my initial $100 investment when it was over $500. COMP essentially built my entire crypto portfolio, so I'll hold this forever, out of appreciation).
Considering LINK, and reloading XLM
BTC (Holding, buying and converting alts as I go)
ATOM (in at a basis of $13, Holding)
GRT (still way up on this, but I'd love another unreasonable run up close to 2.90
) ALGO (frick, for the love of God, go on a run please, I just want to break even and get out. Need it to get to $1.30)
ETH- (I'm down roughly 5% on this as of this morning, I don't even care about staking for 2.0 anymore, my entire position is worth maybe $150, I'll probably just sell when it's above $1500 again)
COMP- (Position is still worth around $100, Used to be be my biggest holding, first crypto I ever bought, converted all but my initial $100 investment when it was over $500. COMP essentially built my entire crypto portfolio, so I'll hold this forever, out of appreciation).
Considering LINK, and reloading XLM
This post was edited on 2/28/21 at 7:38 am
Posted on 2/28/21 at 9:09 am to Vols&Shaft83
Looks like solid bags to me man. Link is great. XLM has good potential too. I lean towards Link between the two though.
Posted on 2/28/21 at 9:54 am to ChuckO1975
New support threshold broken today for BTac. Down to 43. Seeming more like a correction as the days go on. Any idea what price Tesla bought in?
Posted on 2/28/21 at 10:44 am to JimMorrison
quote:
I do feel a period of stagnation or correction is coming
Called the top here on 2/21.
BTC is going to test $40k next.
This post was edited on 2/28/21 at 10:51 am
Posted on 2/28/21 at 11:47 am to JimMorrison
15 minutes and my LINK is not on Celsius yet... I'm a little nervous
Posted on 2/28/21 at 12:06 pm to tduecen
Check the etherscan transaction and see if it’s been confirmed yet
Posted on 2/28/21 at 12:08 pm to CE Tiger
It just got confirmed, was so nervous
I have to wait for my XLM to clear on CBPro before sending apparently.
Bought more just now and it has rejected twice, I assume because of the money clearing
I have to wait for my XLM to clear on CBPro before sending apparently.
Bought more just now and it has rejected twice, I assume because of the money clearing
Posted on 2/28/21 at 12:09 pm to rocket31
quote:
this ETH vs ADA vs BNB vs DOT battle has been getting heated on twitter
Did you see where ETH devs deployed a Tiananmen Square TANK token on binance chain to test if CZ will censor? Lmao crypto is so insane
Posted on 2/28/21 at 4:34 pm to DallasTiger11
yes, wild the .eth twitter people and the bitcoin maxis are both their own unique layer of toxicity
Posted on 2/28/21 at 7:42 pm to CE Tiger
quote:
This is fricking hilarious. You know why Gas is so much? It’s because a shite frick ton of people are using Ethereum. Smart contracts and DeFi are exploding and they are being done on Ethereum. Point me to the Cardano Enterprise Alliance where Fortune 500 companies are building on their platform... oh wait it doesn’t exist.
Nothing hilarious about it. Gas is expensive because throughput capacity is fricking miniscule.
quote:
ton of people are using Ethereum. Smart contracts and DeFi are exploding and they are being done on Ethereum.
LMFAO, nobody is "using" ethereum. Its ten dollar or more to do most transactions, and multisig contract run into the hundreds in many cases. People are fleeing Eth for networks like BSC and if you doubt that, then go look at their transaction volumes and look at the growth of new wallets on BSC.
Sorry your arse is so chapped about it lol. After your first year you will learn to be less butthurt.
This post was edited on 2/28/21 at 7:44 pm
Posted on 2/28/21 at 7:45 pm to HurricaneDunc
quote:
New support threshold broken today for BTac. Down to 43. Seeming more like a correction as the days go on. Any idea what price Tesla bought in?
Not sure, but I don't think it matters that much. This big buyers aren't in this for the short term. They are hedging inflation. Retailers picked up BTC prices starting in January and it's cooled significantly. BTC could get as low as the high 20s before the next uptick IMO.
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