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re: Official CryptoTalk Thread

Posted on 5/6/21 at 9:58 pm to
Posted by TigerBite
Dallas
Member since Feb 2004
2733 posts
Posted on 5/6/21 at 9:58 pm to
quote:

I’m holding about 300k in crypto and don’t own any ETH or BC. The future is crypto and it’s not POW


You know the future of ETH is not POW, right?
Posted by Future Islands
Member since May 2020
64 posts
Posted on 5/6/21 at 9:58 pm to
(no message)
This post was edited on 5/9/21 at 5:39 pm
Posted by BigD13
French Settlement La
Member since Sep 2013
2592 posts
Posted on 5/6/21 at 10:01 pm to
Don’t know anything about it but at .14 I wouldn’t be scared to throw a couple 100 in it and hold long term
Posted by hg
Member since Jun 2009
127999 posts
Posted on 5/6/21 at 10:03 pm to
Can someone educate me on Ethereum Classic (ETC)

Put a couple of hundred in it
This post was edited on 5/6/21 at 10:05 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82107 posts
Posted on 5/6/21 at 10:08 pm to
quote:

Can someone educate me on Ethereum Classic (ETC)

It is the old Ethereum chain that isn't really used anymore. It is assumed to be rising a lot because of all the new entrants to the crypto space thinking its the real Ethereum
Posted by finchmeister08
Member since Mar 2011
39886 posts
Posted on 5/6/21 at 10:13 pm to
quote:

Put a couple of hundred in it


you might want to move it to the real thing.

ETH
Posted by BigD13
French Settlement La
Member since Sep 2013
2592 posts
Posted on 5/6/21 at 10:14 pm to
quote:

You know the future of ETH is not POW, right?


I bought 10 ETH at 300 each but traded them all for more XLM and Ada when it hit 2800.

Yes I realize they are going to POS.

FTR I hope everyone makes money

I just know by reading this thread that 95 percent of the people in it hated
XRP at .20
XLM at .7
Ada at .09
Vet at .01

I’ll take those gains everyday
Posted by hg
Member since Jun 2009
127999 posts
Posted on 5/6/21 at 10:15 pm to
quote:

you might want to move it to the real thing.

ETH


That’s what I had it in but $200 isn’t gonna do much in that.

Or what should I put that in instead of ETH? Don’t want to up my avg in Doge with it
This post was edited on 5/6/21 at 10:18 pm
Posted by BigD13
French Settlement La
Member since Sep 2013
2592 posts
Posted on 5/6/21 at 10:25 pm to
quote:

By the way, what's your source of commentary / analysis?


LINK

His latest video

DAI

I listen to the second link daily
This post was edited on 5/6/21 at 11:07 pm
Posted by zzgobucky
Madison
Member since Sep 2016
1825 posts
Posted on 5/6/21 at 10:26 pm to
SAFEMOON! It's basically an exciting trip to the casino, but we all know how those usually end
Posted by finchmeister08
Member since Mar 2011
39886 posts
Posted on 5/6/21 at 10:35 pm to
quote:

hg



are you trying to "get rich quick" or are you investing for your retirement?


you're right, $200 isn't going to do much. whether it's in BTC or ETH or even Doge. but reoccurring $200 can definitely make an impact over the course of a few months to a year. especially since Bitcoin has been linear for the past 2-3 months.


will say this, my binance portfolio has a total of $659 invested in VET and that's it. However, I got in before it's current spike. sitting at almost $2000 now. that's pennies to mostly everyone here. like Stout and RATeamWannabe (i'm assuming). do some research on some of the coins that have actual applications to real world problems.

a few of the popular coins in this thread are:

VET = Vechain
ADA = Cardano
LINK = Chainlink
XLM = Stella
THETA = Theta
IOTA = Miota

here's the total marketcap rankings. take a look and research some of the ones that look good to you.

CoinMarketCap.com

and if you don't know, the market cap is this:

Total Supply = Marketcap Price / Price per coin.

Example: DOGE is currently sitting at $73,824,650,878 marketcap and $0.59 per coin. So:

TS = $73,824,650,878 / $0.59

Total Supply = 125,126,526,911.8644 DOGE Coin

Compare that to Bitcoin's supply and what the price per Doge coin would have to be to reach that marketcap and tell yourself if you think that's realistic. run that calculation with all of them.

watch this guy discuss the various possibilities to retire on bitcoin by 2030. it might be a stretch. he goes through a worse case, average case and best case scenarios. he uploads a video every night and discusses the various popular coins.

Investment Answers


if you're looking to "get rich quick" take the advice from Dave Ramsey regarding the stock market:

quote:

Studies have shown that more than 97% of day traders lose money over time, and less than 1% of day traders are actually profitable. One percent!





also, i should add:


THIS IS NOT INVESTMENT ADVICE
This post was edited on 5/7/21 at 7:18 am
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/6/21 at 10:39 pm to
Any of you mess with DefiChain yet? It’s Defi running in a BTC fork.

Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/7/21 at 5:53 am to
quote:

Don’t know anything about it but at .14 I wouldn’t be scared to throw a couple 100 in it and hold long term


Posted by G The Tiger Fan
Member since Apr 2015
116398 posts
Posted on 5/7/21 at 8:46 am to
quote:

Kucoin denied my KYC credentials today.
I waited two weeks, was denied and told to send in another picture. Did so on Monday. I'm still waiting.

They sent me an email asking about their customer service.
Posted by trux83LSU
brandon, ms
Member since Dec 2006
2674 posts
Posted on 5/7/21 at 9:07 am to
I've used gate.io. I think it took a couple days to verify. Don't think you can deposit direct through there though.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/7/21 at 9:10 am to
Finally got some Link moved out of Celsius. If anyone is worried about getting hacked and someone emptying your wallets that shite is on lockdown .
Posted by martiallaw
Louisiana
Member since Jan 2008
1458 posts
Posted on 5/7/21 at 9:57 am to
What is wrong with Celsius, that's is where I have my LINK, ETH, BIT right now. Are they security concerns? Should I move it?
Posted by Delacroix
Member since Oct 2008
4029 posts
Posted on 5/7/21 at 9:58 am to
Anyone tried Exodus? I'm looking for somewhere secure I can stake my ADA
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18018 posts
Posted on 5/7/21 at 10:21 am to
I still have my link on my ledger. Waffling over whether or not it's worth it to move to celsius for 3%. But I do love my btc and eth being there. It's like Christmas every Monday morning.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/7/21 at 10:30 am to
quote:

Finally got some Link moved out of Celsius. If anyone is worried about getting hacked and someone emptying your wallets that shite is on lockdown .



Not your key, not your coins
This post was edited on 5/7/21 at 10:31 am
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