re: Official CryptoTalk Thread

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Oh and your interest gets paid out compounded daily. If you live outside the US you can choose to get paid in nexo tokens and earn an additional 2%, unfortunately we don't have that option. Also supposedly nexo issues dividends, but I haven't been around long enough to be part of one so I'm not sure how that works.

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Appreciate all the info...thank you.

It's rising quick after hitting 3,000. Put 500 more in earlier. Too bad I couldn't do more.

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It can vary week to week but it is usually between 10-13%

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So would y’all use Nexo or Celsius? Would y’all be ok putting 80 percent of savings into this?

I see you always supporting Link on here. I listened to a TIP podcast a month or so ago where the guest kind of poo poo’d Link as not really necessary down the road. I don’t remember the guys name but it all seemed to make sense...enough so that I sold the little bit of link I had. What makes you so confident?

I plan on putting in 50 a week in LINK over the next year.

Doing the same with XLM and DGB

Once I get my next bonus I'll probably spread across those 3

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poo’d Link as not really necessary down the road.

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a company that cross audits information to verify validity is useful to the world... stapling on a token to that business model is pointless and is nothing more than a cash grab.

it would be like if the nasdaq price feeds came out with a token someday lol

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it would be like if the nasdaq price feeds came out with a token someday

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LINK isn't an exchange though. It's more like a Bloomberg terminal in a much more complex environment of data where instantaneous information impacts instantaneous settlements.

For example, if we bet $1,000 that the NASDAQ closes above/below 4,200 today. At the end of the day, we'd verify multiple times where it actually closed and then we'd settle that bet, possibly waiting until tomorrow to verify that exact number. In the world of defi, that $1,000 is programmed in and you wouldn't want to rely on one data source to settle the bet because settlement is not only instantaneous, but if that source can be manipulated, the bet could be settled incorrectly. Instead, you'd want to verify things through multiple outlets to validate it. Simplistically speaking, LINK validates it and the nodes that ensure the validity are rewarded in LINK tokens.

Is it a cash grab? Sure...for building a better mouse trap.

LINK was one of a few that actually gained substantial value during the bear market. Whether or not I/you believe in it, there at least appears to be enough believers elsewhere...so far.

Edited to add that the individuals making the bet would probably be willing to pay for that data to be valid and instantaneously settleable (since there is certainly value in that)...giving LINK a revenue stream.

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That ETH/BTC ratio is looking mighty ripe

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On a low timeframe it may look ripe, but on a high timeframe, not so much. But can't judge taking profits.

crypto up big and tech stocks down

great sign for the market

Because wolfram alpha