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re: Official CryptoTalk Thread

Posted on 5/7/21 at 10:31 am to
Posted by Future Islands
Member since May 2020
64 posts
Posted on 5/7/21 at 10:31 am to
(no message)
This post was edited on 5/9/21 at 5:39 pm
Posted by Powerman
Member since Jan 2004
171380 posts
Posted on 5/7/21 at 10:34 am to
quote:

rocket31

I take it you don't see any potential in DGB?
Posted by Crawdaddy
Slidell. The jewel of Louisiana
Member since Sep 2006
19128 posts
Posted on 5/7/21 at 10:46 am to
Read up on any Coin and they will all tell you it’s to the moon.
All the alt forums are promising the best.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71402 posts
Posted on 5/7/21 at 10:47 am to
ATOM
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 5/7/21 at 10:49 am to
I think it more has to do with stating it's cheap at 14 cents so it won't hurt to invest in it
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/7/21 at 10:52 am to
I looked into it but I don't see much value in 99% of these things long term

a lot of these tokens are not any different than an overvalued tech stock

if it has a strong loyal community with cult like behavior it will probably do very well (see doge and link)

technology in this space is always improving so if you're investing into a coin "because of the technology", I think you'll eventually get rekt
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/7/21 at 10:54 am to
yea. just because something is trading at .14 cents doesn't mean it's underpriced. the fact that so many people do understand Marketcap is proof our education system is a complete failure

Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 5/7/21 at 10:55 am to
What's your thoughts on dot? From what I'm reading gavin was the brains behind creating solidity.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/7/21 at 11:05 am to
i looked at several of the "DApp platforms" last week and decided that SOL with a $11 billion cap has the most alpha so I bought in

I think DOT will do well too though.

This post was edited on 5/7/21 at 11:16 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82107 posts
Posted on 5/7/21 at 11:12 am to
quote:

the fact that so many people do understand Marketcap is proof our education system is a complete failure

I feel like a broken record pointing this very fact out in many crypto threads on this board. Hopefully I've helped just 1 person understand that market cap is what matters, not coin price
Posted by zzgobucky
Madison
Member since Sep 2016
1825 posts
Posted on 5/7/21 at 11:15 am to
quote:

the fact that so many people do understand Marketcap is proof our education system is a complete failure



I invested into safemoon because of the social media culture following, every time I see one of them posting about how it can get to $1, $10, etc I shake my head. It's like come on dude the supply is 600T, do some math.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/7/21 at 11:21 am to
quote:

I invested into safemoon because of the social media culture following


yea i think you did very well with that decision, safemoon was even trending on twitter last night . im not sure how long the fad will last but its pretty impressive how quickly the project went mainstream

(tiktok)
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82107 posts
Posted on 5/7/21 at 11:29 am to
It’s become apparent that social media is more powerful than I would have thought, driving Doge up nearly $70 billion. Safe moon is another purely social media driven one, albeit not as extreme as Doge but still impressive. My mind won’t let me throw money into something that is strictly a social media pump play, so I just sit back and watch in awe while they unfold.
Posted by zzgobucky
Madison
Member since Sep 2016
1825 posts
Posted on 5/7/21 at 11:35 am to
I'll be the guinea pig for all of us. It's just crazy to me what these people can accomplish when they band together. Go fund me's to get billboards up, ads on Time Square, $1 million raised for their own wallet, #1 followed coin on coinmarketcap, badgering binance like crazy to get it listed there, it's kinda fun to watch it all unfold.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 5/7/21 at 11:48 am to
I fully expect BTC to make a run up soon, the catalyst being those job numbers released
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 5/7/21 at 11:56 am to
On a whim I decided to check my old binance account from back in 2018, and I found a bunch of small balances of swipe, ONT, neo gas, and other garbage. Also had 0.31 BNB. Not bad to find $200 in an old coat pocket
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5594 posts
Posted on 5/7/21 at 12:06 pm to
quote:

f it has a strong loyal community with cult like behavior it will probably do very well (see doge and link)


Don’t put those two in the same sentence

Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 5/7/21 at 12:18 pm to
Yea, I looked at sol too. Wish it was on kucoin
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/7/21 at 12:18 pm to
why not. first few replies on this thread seem to embrace the cult

LINK
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/7/21 at 12:35 pm to
quote:

why not.


Doge buyers throw a few hundred bucks into Doge stock and go crazy over their 4x returns. Link marines accumulate for years buy on dips and won’t be happy until the coin is top 3 on CMC.
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