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re: Official CryptoTalk Thread
Posted on 3/21/21 at 8:34 am to NashvilleTider
Posted on 3/21/21 at 8:34 am to NashvilleTider
I'm not sure what to think about ADA or charles and I've looked at it closely
he shares stuff on Twitter and it just seems like some low effort scam
LINK
country flags? universities? and some exchanges you can trade it? lol
still trying to keep an open mind about the whole thing
he shares stuff on Twitter and it just seems like some low effort scam
LINK
country flags? universities? and some exchanges you can trade it? lol
still trying to keep an open mind about the whole thing
This post was edited on 3/21/21 at 8:37 am
4
Posted on 3/21/21 at 8:42 am to rocket31
It will edgier bottom out or skyrocket - don’t think there will be middle ground with ada.
Polygon and Nucypher seem to be good ground level investments to put a little money in
Polygon and Nucypher seem to be good ground level investments to put a little money in
Posted on 3/21/21 at 10:35 am to 21JumpStreet
What are people thinking ada can get up to in the next 1-3 years? I mainly just throw a little extra money here and there into btc and eth so I'm curious if I need to start adding ada as well, keeping in mind whatever I do throw into ada would be money that otherwise would've gone into btc
Posted on 3/21/21 at 10:43 am to rocket31
quote:
I'm not sure what to think about ADA or charles and I've looked at it closely
he shares stuff on Twitter and it just seems like some low effort scam
LINK
country flags? universities? and some exchanges you can trade it? lol
still trying to keep an open mind about the whole thing
I just placed a limit sell on ADA, this one seems a little too sketchy for me.
Posted on 3/21/21 at 11:20 am to NashvilleTider
quote:
Polygon and Nucypher seem to be good ground level investments to put a little money in
Polygon is in my altcoin ETF, seems like it’s been coiling for a bit
Posted on 3/21/21 at 11:36 am to WG_Dawg
If and big IF all the Africa stuff pans out I think it could be at etherium levels
Posted on 3/21/21 at 11:53 am to rocket31
I am not yet well versed in crypto but I did some reading of ADA and it seems to be the antithesis of what defi is about.
Let's take defi and add a regulating body and treasury... Nah mang. What am I missing?
Let's take defi and add a regulating body and treasury... Nah mang. What am I missing?
This post was edited on 3/21/21 at 12:10 pm
Posted on 3/21/21 at 11:56 am to NashvilleTider
I selfishly hope ADA does not get to ETH levels bc I sold my 2000 of them earlier in 2021 
Posted on 3/21/21 at 11:59 am to TigerTatorTots
The Cardano hype machine has been next level for a while now
My office mate is a straight up shill
Not sure if I want to add it to my portfolio. What makes it so great?
My office mate is a straight up shill
Not sure if I want to add it to my portfolio. What makes it so great?
Posted on 3/21/21 at 12:00 pm to Ross
It’s functionality (proof of stake) is basically what ETH is working towards. Their developer used to be on the ETH team.
I have some exposure as a hedge
I have some exposure as a hedge
This post was edited on 3/21/21 at 12:02 pm
Posted on 3/21/21 at 12:14 pm to jimbeam
Posted on 3/21/21 at 12:21 pm to finchmeister08
God that Pena dude is such a tool
How did he gain his wealth anyway?
How did he gain his wealth anyway?
Posted on 3/21/21 at 12:28 pm to Ross
The guy with the broke arm kinda has a point though. Governments do like to know where their money is. That’s the only thing that really worries me about all of it. But when people like Mark Cuban and Elon Musk embrace crypto like they have, along with banks and local governments trying to find ways to implement it gives me hope.
Posted on 3/21/21 at 12:32 pm to finchmeister08
Banning crypto is just not a feasible option for governments. It’s pretty much unenforceable. And you’ve got public companies investing in the asset, so it seems that ship has sailed.
And you can expect KYC regulations to come into existence or be expanded upon and blockchain auditing to become a business as regulations increase.
But there is only so much you can do with cold wallets that change the public address every transaction. If people want privacy they will make it happen.
And you can expect KYC regulations to come into existence or be expanded upon and blockchain auditing to become a business as regulations increase.
But there is only so much you can do with cold wallets that change the public address every transaction. If people want privacy they will make it happen.
Posted on 3/21/21 at 1:06 pm to Ross
Nigeria banned bitcoin and now they have the highest adoption of bitcoin users per capita in the world. Banning bitcoin will lead to an avalanche of adoption. It legitimizes it.
Posted on 3/21/21 at 1:37 pm to finchmeister08
quote:
The guy with the broke arm kinda has a point though. Governments do like to know where their money is. That’s the only thing that really worries me about all of it. But when people like Mark Cuban and Elon Musk embrace crypto like they have, along with banks and local governments trying to find ways to implement it gives me hope
The Fed already uses blockchain technology. That slipped by relatively unnoticed.
The real question about government, specifically American government, is will they pick winners and losers? I'd say the chances of this are they will, to the extent they can. This is the largest reason I use the methods of hedging I use. Those exchanges are defacto federally regulated (and guaranteed), and government always protects government. So government and large corporations don't like unknowns, nor do they like outsiders. Best chances of survival in a worst case scenario is copy them.
This post was edited on 3/21/21 at 1:38 pm
Posted on 3/21/21 at 3:27 pm to WG_Dawg
ADA should already be trading at $25 for the amount of hype it gets. It’s tremendously overhyped while being slightly undervalued in my opinion.
Posted on 3/21/21 at 3:51 pm to TigerTatorTots
There is a part of me that knows they don’t want to ban it, because it’ll reveal how little power they have when they have no way to enforce the ban.
Keeping the illusion of control is better than displaying how little of it you actually have
Keeping the illusion of control is better than displaying how little of it you actually have
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