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re: Official CryptoTalk Thread

Posted on 5/17/21 at 10:12 pm to
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/17/21 at 10:12 pm to
quote:

we all know the biggest winner will be the one Elon Musk declares the winner.



No, I don’t know that. Cryptocurrency projects will stand on their own merit, not stand or fall on the whims of a single dude with a dubious understanding of the space.

He has influence now because he was the cornerstone on which the extreme bullish sentiment was based. His influence will wane
Posted by METAL
Member since Nov 2020
1616 posts
Posted on 5/17/21 at 10:13 pm to
frick ETH
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/17/21 at 10:19 pm to
quote:

Where is the money to be made next go around?


4 years ago BNB didn't even exist and now it's top 3

the play with the most alpha might not even exist yet

This post was edited on 5/17/21 at 10:20 pm
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/18/21 at 12:52 am to
I’d been adding to my Sushi position lately but just went full ape. Now an intentional ETH, SOL, SUSHI, DOGE ape and accidental MATIC ape (due to it 6Xing). Lesser chimp positions in DOT, AAVE & YFI.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/18/21 at 5:20 am to
I added sushi too on that dip... not sure where we are getting our information or doing our research but our plays seem to be similar, lol

also I do think this pulse chain thing could be a big deal for a play. I'm seeing it shilled more and more on social media
This post was edited on 5/18/21 at 5:22 am
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3749 posts
Posted on 5/18/21 at 5:56 am to
arse is poppin...
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/18/21 at 6:15 am to
I’m thinking accumulating pulse during the off season. It’s definitely worth dropping a few K in early
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/18/21 at 8:09 am to
ADA trying to steal Pulse's thunder, looks like



quote:

The upcoming Ethereum-to-Cardano migration tool will be accessible for both organizations (token creators) and individuals (token holders). Tokens with the same value will be automatically minted on Cardano once migration is initiated. Tokens will be backward convertible: users will be able to withdraw them by "burning" Cardano-based synthetics.
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 5/18/21 at 8:33 am to
ETH rates are fricking crazy
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82096 posts
Posted on 5/18/21 at 8:34 am to
quote:

also I do think this pulse chain thing could be a big deal for a play. I'm seeing it shilled more and more on social media

Still no clue how to acquire this
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 5/18/21 at 8:35 am to
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 5/18/21 at 8:38 am to
quote:

Still no clue how to acquire this



something about get erc20 coins onto metamask. wait until the phase begins for you to sacrifice your coins for pulse, or the coins get forked into pulse somehow(?). buy it on metamask after pulse is released?
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/18/21 at 9:16 am to
quote:

I added sushi too on that dip... not sure where we are getting our information or doing our research but our plays seem to be similar, lol

Gold on a nice run while bitcoin dies is a bad look. I’m running away from the SOV narrative and toward the usage narrative, and appears you’re doing the same.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 5/18/21 at 9:18 am to
Silver charts look awesome, too. Feeling really good about my Sept 30 calls
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 5/18/21 at 9:19 am to
quote:

toward the usage narrative


every crypto would be worth around 0$ based on usage value.

we are years away from cryptos having real world interfacing in joe schmoe's daily life
This post was edited on 5/18/21 at 9:21 am
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/18/21 at 9:27 am to
quote:

every crypto would be worth around 0$ based on usage value.

$1.5 trillion on the Ethereum network in the first quarter and growing
This post was edited on 5/18/21 at 9:29 am
Posted by BottomlandBrew
Member since Aug 2010
29403 posts
Posted on 5/18/21 at 9:27 am to
quote:


we are years away from cryptos having real world interfacing in joe schmoe's daily life


I see NFT event tickets becoming the first real mainstream usage, and I don't think we are too far from some wider adoption of those.
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 5/18/21 at 9:33 am to
quote:

$1.5 trillion on the Ethereum network in the first quarter and growing



what usage is that, buying sending converting? (eta i mean actual usage for joe schmoe using erc20 coins for accomplishing some function in his day to day life not fees accrued by speculative traders)
This post was edited on 5/18/21 at 9:41 am
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 5/18/21 at 9:36 am to
quote:

I see NFT event tickets becoming the first real mainstream usage, and I don't think we are too far from some wider adoption of those.



but currently its near worthless. until btc is widely adopted, NFTs wont be either.

also i just don't see value in NFT of the nyan cat gif when you can just google it free.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/18/21 at 9:40 am to
quote:

we are years away from cryptos having real world interfacing in joe schmoe's daily life



For the most part, yes. There are some things that can be implemented sooner - NFTs, and some secure sectors. But here's the kicker - get in NOW and when blockchain really hits mainstream you'll be loaded.

The thing is, as blockchain is adopted, Joe Schmoe won't know that the app they're using is based upon blockchain technology... because they don't care. We will just have dapps that run on blockchain networks (be it ethereum, ADA, whatever) and users will be better off for it.

Take Telcoin as an example. They're setting out to be a premium remittance provider, and while it's abundantly clear on their website that they've based it upon blockchain technology, Joe Schmoe doesn't need to care about that. You simply send your FIAT and they will convert it to whatever other FIAT you need on the other end, using a blockchain network in between. Send USD to AUSD or Zimbabwean currency in seconds. Goodbye, expensive and slow Western Union. And you can use it now in some markets.
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