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re: Official CryptoTalk Thread

Posted on 8/8/21 at 8:13 pm to
Posted by TigerDeBaiter
Member since Dec 2010
10681 posts
Posted on 8/8/21 at 8:13 pm to
And why is anyone surprised. Ugh. Essentially back where we were Friday. Scumbag “market”
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 8/8/21 at 8:46 pm to
*potentially worth tens of trillions of dollars

And the future of blockchain is much, much more than those 2 things.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 8/8/21 at 8:54 pm to
I’m curious about this crypto.com credit card that refunds your Netflix and Spotify expenses if paid for with the card. If anyone wants credit for a referral, let me know your code (I assume you get the benefit, not me?)
Posted by WhoDat9090
Member since Oct 2019
1687 posts
Posted on 8/8/21 at 8:58 pm to
Referal code zmuhjx5t32

LINK

Would be appreciated

I think we both get $25 if you stake ruby or above
This post was edited on 8/8/21 at 9:01 pm
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 8/8/21 at 9:34 pm to
Hoping for a baby cake pool soon! Love it.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 8/8/21 at 9:36 pm to
Good deal. Signing up now.
Posted by TigerDeBaiter
Member since Dec 2010
10681 posts
Posted on 8/9/21 at 6:58 am to
And then you wake up some days and…

And thank yourself you didn’t sell.

Now, if LINK would just get off it’s arse.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/9/21 at 6:59 am to
link seems broken for sure
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 8/9/21 at 7:01 am to
quote:

you can also buy defi insurance if you're trying to eliminate some risk

yeah I’ve got all of my spare savings outside of my crypto holdings in anchor making 19.5% on stablecoins right now. Using some of that as collateral on mirror to borrow mBTC to LP farm. They’ve got insurance for loss of UST peg and smart contract failure to reduce risk
This post was edited on 8/9/21 at 7:02 am
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 8/9/21 at 7:32 am to
Lol. I woke up and saw the prices and was like, “Well, technically yesterday never even happened then.”
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5578 posts
Posted on 8/9/21 at 7:36 am to
LINK and SOL keep flipping one another for market cap dominance.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 8/9/21 at 8:04 am to
Are these crypto.com “credit cards” just cards you preload with cash or actual credit cards? And what does staking mean (I can’t exactly find a plain language answer online).
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 8/9/21 at 8:26 am to
It’s a prepaid debit card. I have one. You can convert your crypto to fiat instantly and load the card.


You stake their coin, CRO, to unlock more cash back %%%.
This post was edited on 8/9/21 at 8:27 am
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 8/9/21 at 8:36 am to
And by “stake,” does that mean you essentially buy CRO and agree to hold it for a specified period of time in exchange for the higher rewards you receive for staking?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 8/9/21 at 8:50 am to
Just get the Fold card. Much cleaner and straightforward than having to stake a shite coin for rewards

ETA: here is my write up on it LINK
This post was edited on 8/9/21 at 8:52 am
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 8/9/21 at 9:47 am to
Sell orders have popped up along the road to 50k. The 45-50 range is a “profit taking” zone for people who bought in the 30-35k range with expectations to sell in the same cycle.

As a result, you may see some extra sell pressure on BTC relative to what we’ve seen the last few weeks.

They won’t be dumping all their btc at once but will string it along, DCAing profits.
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 8/9/21 at 10:03 am to
Makes sense, figured that would be coming eventually. Profit taking is natural and getting 30-45% is Ideal. I’ve considered doing that for a small portion of my holdings
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/9/21 at 10:15 am to
quote:

LINK and SOL keep flipping one another for market cap dominance.


indeed. Litecoin, Link, and Sol are in a tight battle
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/9/21 at 10:37 am to
alt seasons seem kinda clamped by this NFT mania?

ETH and BTC have been leading the way without many alts pumping

however NFTs are doing 10-20x gains in a few days.
Posted by Shamoan
Member since Feb 2019
13424 posts
Posted on 8/9/21 at 11:34 am to
a buddy of mine is in vanilla network...i kind of understand it as a betting platform using its own crypto...anyone in on this?
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