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re: Official CryptoTalk Thread

Posted on 3/5/21 at 8:13 am to
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 3/5/21 at 8:13 am to
BTC mc ~ $1T
ETH mc ~ $160B

Perspective.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 3/5/21 at 8:31 am to
quote:

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?


Step 1 is understanding the "other projects" are not meant to "kill eth".

This isnt a zero sum game.

When google came, it took over the #1 spot, but Yahoo and AOL are still around today.


The entire SPACE is under construction my guy!

But yes, I know a good bit about ETH, ADA and DOT. They 3 I am heavily invested in.
This post was edited on 3/5/21 at 8:36 am
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18018 posts
Posted on 3/5/21 at 9:17 am to
I get that. I guess I just feel like there are a lot of projects in the 1b-5b range, so I'm wondering if it's really undervalued. And I question this not because I know better but because I have no clue
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/5/21 at 9:17 am to
stocks getting destroyed again but bitcoin up 3% ?

lets see how this plays out
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/5/21 at 9:27 am to
quote:

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.



podcast just released today that discusses GBTC discount
LINK

*i havent listened yet but nic carter is one of the best
Posted by lighter345
Member since Jan 2009
11893 posts
Posted on 3/5/21 at 2:31 pm to
Went down a rabbit hole this afternoon.

Has anyone heard of Helium?

LINK

Best I understand it is some sort of crypto wireless hotspot network. If you buy a hotspot(approx $350) it mines helium. Been traveling so haven’t been able to go much deeper but sounds interesting. There are a few hotspots in nola which I believe is better for the mining rewards if your hotspot can hookup with others. Will look into it further but wanted to see if anyone here has already done some lifting on this.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5589 posts
Posted on 3/5/21 at 2:43 pm to
Does anyone know if there are fees from switching my stuff from Coinbase to coinbase pro?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/5/21 at 2:46 pm to
naa shouldn't be
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/5/21 at 3:01 pm to
Nope
Posted by DeathValley85
Member since May 2011
18996 posts
Posted on 3/5/21 at 6:24 pm to
quote:

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?


Was nobody going to tell him that LINK isn’t an “ETH killer”? In fact LINK isn’t even a blockchain.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/5/21 at 6:42 pm to
coinbase offering loans for using bitcoin as collateral...

no one saw this coming..
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 3/5/21 at 6:45 pm to
Whats yall thoughts on BNT ? I havent invested much money on anything outside of LINK , BTC and ETH in a few years buy decided to jump into BNT under $5 after wtching what UNI did . Seems to be doing well so far . Might throw some more at here soon.
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5539 posts
Posted on 3/5/21 at 6:52 pm to
quote:

coinbase offering loans for using bitcoin as collateral...

no one saw this coming..


I got that email 3 weeks ago.

:youneedtopumpupthosenumbersgif:

This post was edited on 3/5/21 at 6:59 pm
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 3/5/21 at 7:00 pm to
quote:

Whats yall thoughts on BNT


Should be around a $30 coin
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/5/21 at 7:44 pm to
first I heard about it. poverty louisiana doesn't allow it anyways lol
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 3/5/21 at 7:55 pm to
quote:

Whats yall thoughts on BNT


What makes you interested in it?
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 3/6/21 at 1:33 am to
Think it'll get there
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 3/6/21 at 1:49 am to
Decentralized exchange , relatively small supply compared to UNI and from what Ive read does everything better than UNI . Just trying to find another gym in its early stages and after watching what UNI has done BNT could well be headed there itself . If you have any thoughts on it , Im all ears
Posted by eng08
Member since Jan 2013
5998 posts
Posted on 3/6/21 at 6:26 am to
I’m staking on it getting some bnt rewards. Agree with what you said. Their impermanent loss solution is quite clever and has covered everything to date.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 3/6/21 at 7:23 am to
Stupid Noob question:

Is Celsius legit? My brother in law sent me a referral code, is it safe to store BTC there?
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