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re: Official CryptoTalk Thread

Posted on 5/13/21 at 4:24 pm to
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 5/13/21 at 4:24 pm to
quote:

indication that ETH is as popular as ever.


Well the ethereum chain is as popular as ever... all of these shitcoin piggieback off of the eth network and drive up gas prices as well
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/13/21 at 4:25 pm to
Good clarification there.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/13/21 at 4:27 pm to
quote:

Do I need to pull my eth off of Celsius and blockfi?


they have to be in a decentralized wallet for you to get a copy onto the pulse chain.
Posted by Glizzy
Metairie
Member since Aug 2020
25 posts
Posted on 5/13/21 at 4:31 pm to
Man, my first 3 weeks investing in and learning about crypto has been a whirlwind. How have y’all survived years of this lol
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/13/21 at 4:32 pm to
quote:

Well the ethereum chain is as popular as ever... all of these shitcoin piggieback off of the eth network and drive up gas prices as well


this was supposed to be fixed over a year ago....


I could care a less what's causing it....


going to be interesting to say the least
This post was edited on 5/13/21 at 4:33 pm
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 5/13/21 at 4:35 pm to
quote:

they have to be in a decentralized wallet for you to get a copy onto the pulse chain.


and see, that is where it's going to be hard for some... Gas prices being as bad as they are, I don't know if it's worth it to me to jump into a decentralized wallet because that will end up costing me two gas fees. We will see though

quote:

this was supposed to be fixed over a year ago....


I could care a less what's causing it....


going to be interesting to say the least


Unfortunately, the "kings" of the crypto world are kings because of first adoption, but as a lot of companies have learned throughout the years, sometimes being first is all that matters to stay King
This post was edited on 5/13/21 at 4:37 pm
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/13/21 at 4:37 pm to
quote:

and see, that is where it's going to be hard for some... Gas prices being as bad as they are, I don't know if it's worth it to me to jump into a decentralized wallet because that will end up costing me two gas fees. We will see though


I know it literally cost penny's to transfer from coinbase/gemini to metamask (eth, ERC20 tokens, USDC)

I don't know about the other one's like voyager etc.
This post was edited on 5/13/21 at 4:38 pm
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/13/21 at 4:38 pm to
quote:

Unfortunately, the "kings" of the crypto world are kings because of first adoption, but as a lot of companies have learned throughout the years, sometimes being first is all that matters to stay King


right now, because crypto is so young.


EVERY single person I have talked to about Pulse....that has an ERC20 token right now, who will get a copy of those tokens on the Pulse network....

When I asked them, would you then buy more of "XX ERC20 token" on Pulse (for pennie's) or continue to buy more on Eth....Not 1 single person has said Eth.....

The only people defending Eth are the people that actually own Eth....people that want to buy and sell coins want lower fee's and faster transactions.
This post was edited on 5/13/21 at 4:43 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/13/21 at 4:43 pm to
I don't think gas is that outrageous since Vitalik nuked the memecoins.



This is in Gwei. 90 Gwei is like 50 cents or some shite. I can't find an easy calculator, but 1 ETH is 1,000,000 Gwei, so 90 Gwei is not a lot.
This post was edited on 5/13/21 at 4:46 pm
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/13/21 at 4:46 pm to
quote:

The only people defending Eth are the people that actually own Eth....people that want to buy and sell coins want lower fee's and faster transactions.



... You realize your argument is "wait" to those "waiting" for ETH 2.0....

Also, can you explain how a fork of a chain that is having to be revamped because it cannot handle the load would be able to hand the volume of ETH? What if the market cap is 1 Trillion? How is PULSE solving problems?

Where is their whitepaper?
This post was edited on 5/13/21 at 4:47 pm
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/13/21 at 4:47 pm to
quote:

This is in Gwei. 90 Gwei is like 50 cents or some shite. I can't find an easy calculator, but 1 ETH is 1000000 Gwei, so 90 Gwei is not a lot.


you're right....$20 is reasonable to buy a coin on the eth network....says no one ever.


ridiculous that you're even arguing this.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/13/21 at 4:49 pm to
You're twisting my words. I never said $20 gas is acceptable, just that it's not as bad as it was recently since Vitalik nuked the memecoins. I don't think it's $20 right now, either.

I also think I miscalculated, because 1 ETH is 1,000,000,000 Gwei not 1mil.

So.. 100 Gwei is .0000001 eth.

Math not my strong suit. Monke brain.
This post was edited on 5/13/21 at 4:53 pm
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/13/21 at 4:55 pm to
quote:

Also, can you explain how a fork of a chain that is having to be revamped because it cannot handle the load would be able to hand the volume of ETH? What if the market cap is 1 Trillion? How is PULSE solving problems?

Where is their whitepaper?



like I've said a bunch of times....it will be out in the next 2 months or so.

He had a whole live stream about Pulse...scroll through
https://www.youtube.com/watch?v=0wC0pbaWCDQ&t=6284s

https://www.youtube.com/watch?v=XClX1fX672g&t=1883s





here's a few things Richard has posted.





Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/13/21 at 4:57 pm to
Wake me up in 2 months and only if ETH doesn’t still have 75%+ of Defi running on it.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/13/21 at 4:57 pm to
quote:

Wake me up in 2 months and only if ETH doesn’t still have 75%+ of Defi running on it.


will do
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/13/21 at 4:58 pm to
Ive seen that. My biggest hangup (and I am not saying it wont be useful in the short term and you cant make money) is that when ETH2.0 is out, whats the point?

Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/13/21 at 5:05 pm to
I’m choosing to believe we’ve found some modicum of support around 46k - 48k pricing in the new Elon FUD. And honestly frick that dude for playing turncoat and acting like he didn’t do any of this research before spending 1.5 billion dollars and then shilling doge for three months

I’ll be cautiously optimistic when I say it could have been worse if we can hold that.

Problem is I’m not sure what the path forward is now. Institutional adoption was the angle for the rest of the cycle and now an ETF seems kinda fricked because there is a good argument that if one man can move the market 15% with a single tweet it isn’t safe for investors
This post was edited on 5/13/21 at 5:08 pm
Posted by Odinson
Asgard
Member since Apr 2014
2863 posts
Posted on 5/13/21 at 5:06 pm to
Doge to trade on coinbase 6-8 wks. Interesting to see where it goes.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/13/21 at 5:10 pm to
quote:

because there is a good argument that if one man can move the market 15% with a single tweet it isn’t safe for investors


This post was edited on 5/13/21 at 5:11 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/13/21 at 5:54 pm to
he's now back to pumping doge
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