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re: Official CryptoTalk Thread

Posted on 4/20/21 at 8:34 pm to
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 4/20/21 at 8:34 pm to
where is the best place to buy bnb?
Posted by RonLaFlamme
Baton Rouge
Member since Nov 2016
1858 posts
Posted on 4/20/21 at 8:45 pm to
Do you know what the B stands for? Lol
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 4/20/21 at 8:47 pm to
I dont want to get on the .us app and they detected my sim/imei on the normal app
Posted by RonLaFlamme
Baton Rouge
Member since Nov 2016
1858 posts
Posted on 4/20/21 at 8:48 pm to
Desktop vpn for the win. Mobile VPN still exposes the wireless carrier somehow
Posted by RonLaFlamme
Baton Rouge
Member since Nov 2016
1858 posts
Posted on 4/20/21 at 8:50 pm to
Any ADA holders looking for a stake pool - check out CHAMP
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/20/21 at 8:54 pm to
its not an exact comparison because with BNB you dont own equity in binance but if $COIN has a $64B cap, that means binance is worth at least 8-10x more than that (comparing volume, users, etc)

BNB has only a $90B cap and has an actual use case and the supply is routinely burned and the founders have never sold any.

so if youre investing into $COIN over $BNB right now, you need youre head examined, especially after all the strategic hires binance has made
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/20/21 at 8:55 pm to
quote:

where is the best place to buy bnb?


kucoin possibly if you dont want to use binance
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 4/20/21 at 8:56 pm to
will be abroad soon and will pick up another sim, phone, plan.

Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/20/21 at 8:58 pm to
I use kucoin
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/20/21 at 8:59 pm to
Agreed, it is coin on steroids
Posted by Bustedsack
Member since Dec 2017
4387 posts
Posted on 4/20/21 at 9:14 pm to
what's a stake pool?
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 4/20/21 at 9:40 pm to
quote:

ts not an exact comparison because with BNB you dont own equity in binance but if $COIN has a $64B cap, that means binance is worth at least 8-10x more than that (comparing volume, users, etc)

BNB has only a $90B cap and has an actual use case and the supply is routinely burned and the founders have never sold any.

so if youre investing into $COIN over $BNB right now, you need youre head examined, especially after all the strategic hires binance has made

Apples to oranges but why not both. $COIN is legitimate equity from an exchange with an actual fiat on/off ramp and audited financial statements.

I’ll be downvoted for saying good things about $COIN as usual but that stock is cheap. Problem is crypto fans don’t think $COIN is cool and tradfi thinks crypto is stupid. Hence the $100B in private trading has ended up at ~60B current market.

Q1 $800MM net income. Annualized $3.2B. So trading 20 PE based on Q1 despite BTC being about 50% higher avg Q2 price than Q1 price and having growth to where Q1 revenue exceeded all 2020 by itself (and 2020 rev beat 2019 by 140%).

I’d expect this to remedy upon Q2 earnings, assuming total crypto market cap doesn’t fall off a cliff before then.
Posted by RonLaFlamme
Baton Rouge
Member since Nov 2016
1858 posts
Posted on 4/20/21 at 9:40 pm to
Processes transactions for the project. You delegate your wallet to it and get paid ~5% annually.

No lockup period and your coins never leave your wallet.
This post was edited on 4/20/21 at 9:42 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/20/21 at 10:14 pm to
would you rather own 1 million bitcoin or own every single $COIN share because coinbase is priced at ~1 million bitcoin right now

regardless of that, in an industry that is ultra-competitive, coinbase is continually one of the last to innovate. last to defi, last to a credit card/debit card, last to staking, last to offering loans.

brian armstrong doesnt know what hes gotten himself into and the "real" crypto guys will continue to eat his lunch


Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 4/20/21 at 10:28 pm to
Again, apples to oranges. I have an equity price relativity thesis I’m trading. Once the price catches up to the earnings or I hit a stop loss, it will be closed. I have no plan to be married to $COIN or any other individual stock.

I own almost 20x as much BTC as I do $COIN fwiw and I am married to BTC
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 4/20/21 at 10:38 pm to
You use that kucoin trading robot with any luck?
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/21/21 at 6:50 am to
Nah, never tried.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/21/21 at 7:59 am to
hey bruh I hope it works out for you. although I'm a $coin bear, I do not have a position
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 4/21/21 at 8:49 am to


Admittedly, getting bad vibes here with all the ponzi coins doing several thousand % in a day while bitty languishes and dominance dips. Probably just the winter 2018 PTSD
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/21/21 at 8:51 am to
I'm sure everyone has ptsd, this seems too good to be true
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