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re: Official CryptoTalk Thread

Posted on 4/21/21 at 1:09 pm to
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 4/21/21 at 1:09 pm to
quote:


Which 4 coins would you buy if you knew you couldn't sell any at all before 2025?

3 BTC & 1 ETH

4 years is an eternity in crypto and these are the only 2 I held through the last crypto winter
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/21/21 at 1:09 pm to
bnb can continue to copy everything eth does and then run the protocol with less fees. that's the rub with it being centralized

as of now, retail doesn't care about "decentralization" ... they care about "crypto"

pancakeswap is doing staggering numbers

with that said both eth and bnb have potential for huge growth moving fwd but it seems inevitable that the Marketcaps will eventually merge closer together over time especially if eth continues to delay 2.0
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/21/21 at 1:12 pm to
Definitely can, the thing i like about bnb is they do it all; exchange,smart contracts, and nft while being cheaper
This post was edited on 4/21/21 at 1:15 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/21/21 at 1:15 pm to
yea. with bnb you're also holding a token of the highest volume exchange where users are encouraged to hold it to save on fees. it has continued to close the marketcap gap on eth so far this year

the only catalyst that could change that is "eth 2.0" but who knows if that will even fix anything

Ill reevaluate then

Posted by lsu777
Lake Charles
Member since Jan 2004
37051 posts
Posted on 4/21/21 at 1:21 pm to
quote:

bnb can continue to copy everything eth does and then run the protocol with less fees. that's the rub with it being centralized

as of now, retail doesn't care about "decentralization" ... they care about "crypto"

pancakeswap is doing staggering numbers

with that said both eth and bnb have potential for huge growth moving fwd but it seems inevitable that the Marketcaps will eventually merge closer together over time especially if eth continues to delay 2.0


i actually agree 100%. I like bnb and i fricking hate saying "oh it can prolly only 10x from here" cause it sounds stupid, but compared to some of the others, i think that is low.

cake is another i like I do worry what polkaswap will do to it though when it comes online. I like avalanche also.

if 2.0 gets significantly delayed again or fails....well game fricking on for ada, dot, atom, avalanche, bnb etc.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/21/21 at 1:22 pm to
quote:

2.0 gets significantly delayed again or fails....well game fricking on for ada, dot, atom, avalanche, bnb etc


yup. will get very interesting
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/21/21 at 5:47 pm to
Yup, we double dipping
Posted by Powerman
Member since Jan 2004
171628 posts
Posted on 4/21/21 at 6:40 pm to
What are your thoughts on digibyte? It's made a decent run since I bought a small amount. Still a really low entry point per coin but I'm not sure what the ceiling is looking ahead the next couple years.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 4/21/21 at 6:53 pm to
Layer 2 rollups should be here soon to take some gas pressure off. I'm thinking eth2 sharding will be adequate to control gas, especially with rollups remaining, but only time will tell.

If Ethereum can't get its act together, BNB will get huge fast. However, we saw some limitation of the BSC yesterday with safemoon craze knocking out BSC. There are only 21 BSC validator nodes right now. You have to own an obscene amount of BNB (10,000) to make a validator node. Binance will need to tweak that to scale, especially as the price of BNB increases.
This post was edited on 4/21/21 at 6:58 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/21/21 at 7:02 pm to
yeah. overall I agree there are good reasons to be very bullish on both right now.

I'm not totally sold on ETHs promises as they've been making them since 2018 but if they do figure it all out, than I'll change my mind and move some of my btc into it
This post was edited on 4/21/21 at 7:05 pm
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15320 posts
Posted on 4/21/21 at 7:14 pm to
Are people in crypto always this emotional when things dip? Just seems like one day it’s the best thing ever - then a few bad days it’s the bear market and it’s over? Hard to keep up - (not talking about this thread but the over all community)
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 4/21/21 at 7:21 pm to
In my short time in crypto - yes and no. New people tend to do this, but the veterans have seen it all before and don't. Volatility is huge still so you have to take it all with a grain of salt. Try to only listen to vets when it comes to most things, but especially overall market trends.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/21/21 at 7:25 pm to
I actually like bear markets a lot better
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/21/21 at 7:27 pm to
Easier to stack sats when it’s cheap
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 4/21/21 at 7:30 pm to
ETH looking strong. I consolidated a lot of my random alt darts into a larger ETH stack.

BTC testing the $1T again. Scalpers having fun buying here in the 53s and selling 57 back and forth since the Saturday dump
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15320 posts
Posted on 4/21/21 at 7:31 pm to
I read the other day that it’s better to focus on coin acquisition instead of the ups and downs of dollar value - seems like a good plan
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/21/21 at 7:35 pm to
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 4/21/21 at 7:48 pm to
quote:

read the other day that it’s better to focus on coin acquisition instead of the ups and downs of dollar value - seems like a good plan

This was my strategy when it came to Chainlink. 2017-18 was fun but in the end so many coins I chased turned into 80% losses. Eventually I converted the losses to Link and began building my stack.
This post was edited on 4/21/21 at 7:49 pm
Posted by Merica
'Merica
Member since Mar 2013
1145 posts
Posted on 4/21/21 at 7:55 pm to
So is your majority holding in Link or do you still have several different coins
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 4/21/21 at 7:59 pm to
I’m basically 97% in Link. Have some Vet, BNT, and a few other small caps but to me Link is the biggest sure thing and now I’ll just continue he to accumulate through Celsius and BlockFi.
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