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re: Official CryptoTalk Thread

Posted on 4/21/21 at 8:04 pm to
Posted by Merica
'Merica
Member since Mar 2013
1145 posts
Posted on 4/21/21 at 8:04 pm to
Nice. I’ve been consistently putting into btc, eth, and ada and have been contemplating starting putting some in link as well.
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18019 posts
Posted on 4/21/21 at 8:59 pm to
Link is my biggest too but I haven't added more. Testing the celsius waters with my btc and eth, but still pretty nervous about moving my link out of cold storage.

And now I'm trying to play catch up with btc, plus some others as hedges for link.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/21/21 at 10:41 pm to
these one minute candle charts are wild. a lot of buying at ~$51.5

Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 4/22/21 at 7:54 am to
Looks like someone tried to start a cascade into the 40s but the dip was bought hard

Ethereum gives 0 shits about bitcoin’s issues tho
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/22/21 at 7:58 am to
I feel like we've all seen this movie before. If BTC doesn't break upper resistance soon, it's going to break lower resistance.

ETH will climb for a bit until it, too, drops. This is all cyclical.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71441 posts
Posted on 4/22/21 at 8:02 am to
Man what happened to 68k bitcoin by end of the month???
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 4/22/21 at 8:03 am to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/22/21 at 8:50 am to
Chainlink’s historical performance in securing billions for the DeFi ecosystem and easy integration is the reason as to why we launched with Chainlink, while other oracle solutions will be integrated into Kashi over the coming months.

Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/22/21 at 8:51 am to
quote:

feel like we've all seen this movie before. If BTC doesn't break upper resistance soon, it's going to break lower resistance.

ETH will climb for a bit until it, too, drops. This is all cyclical.


yup great observation.. it is following the same pattern.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/22/21 at 9:02 am to
the hypothesis that the institutions will buy large dips and we will avoid crypto winter will have its ultimate test in that event
Posted by lsu777
Lake Charles
Member since Jan 2004
37051 posts
Posted on 4/22/21 at 9:05 am to
quote:

Man what happened to 68k bitcoin by end of the month???


i said within a month, not end of month and still think it happens around may 20th or so.

these pullback and consolidation are normal.
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/22/21 at 9:07 am to
Btc is following the same pattern ytd.
This post was edited on 4/22/21 at 9:08 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/22/21 at 9:11 am to
quote:

the hypothesis that the institutions will buy large dips and we will avoid crypto winter will have its ultimate test in that event


agreed. do we want another 3-4 more years to stack sats or full-on institutional support already?



Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71441 posts
Posted on 4/22/21 at 9:15 am to
Ok good. I need a new boat trailer
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/22/21 at 9:17 am to
quote:

agreed. do we want another 3-4 more years to stack sats or full-on institutional support already?



I'd rather stack sats. I need more time
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/22/21 at 9:19 am to
It seems link chainlink is just the easiest to integrate and then all of the others will be integrated after. Not really sure what to think about that.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/22/21 at 9:22 am to
its a pretty safe assumption that chainlink just pays people to integrate with them for the headlines. they have huge pockets.

its the same as ADA paying wolfram alpha for their oracle
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 4/22/21 at 9:31 am to
Posted by DeathValley85
Member since May 2011
18999 posts
Posted on 4/22/21 at 10:20 am to
quote:

its a pretty safe assumption that chainlink just pays people to integrate with them for the headlines. they have huge pockets.


Jesus Christ

It definitely can’t be because every project needs this service and Chainlink is the industry standard. Nope can’t be that
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/22/21 at 10:25 am to
every project doesn't need chainlink, that's absurd as the one with the largest marketcap doesn't need it at all

chainlink is not unique is the overall point as many oracle solutions exist..heck, iconfi just adopted band today

edit: chainlink will continue to be a leader in the space as sergey might be the best marketer in crypto of all time but it's not because of the tech


This post was edited on 4/22/21 at 10:39 am
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