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Message
re: Official CryptoTalk Thread
Posted on 8/12/21 at 9:38 pm to Huge Richard
Posted on 8/12/21 at 9:38 pm to Huge Richard
ETH fees are absurd right now so if ADA can deliver a working product maybe they take some market share away?
Posted on 8/12/21 at 10:24 pm to rocket31
they will deliver, not so much take market share as the market will continue to expand imo. Cardano has a huge following, its the one thing holding DOT back a bit
Posted on 8/13/21 at 9:27 am to Huge Richard
So there’s a little TA information now that this has been going on for a bit.
Looks like an ascending broadening wedge forming on the 1day BTC charts. Those typically return to the very start of the formation which was 30k.
Hasn’t been confirmed yet but it looks like one starting to take shape. There generally has to be three touches to the upper trend line which hasn’t happened yet.
I’d keep an eye on it. News and momentum override TA but FYI.
Looks like an ascending broadening wedge forming on the 1day BTC charts. Those typically return to the very start of the formation which was 30k.
Hasn’t been confirmed yet but it looks like one starting to take shape. There generally has to be three touches to the upper trend line which hasn’t happened yet.
I’d keep an eye on it. News and momentum override TA but FYI.
This post was edited on 8/13/21 at 9:29 am
Posted on 8/13/21 at 9:41 am to Tiguar
don't get me excited again with 30k bitcoin baw
Posted on 8/13/21 at 9:46 am to rocket31
quote:
don't get me excited again with 30k bitcoin baw
I think my mind is broken in terms of how I view investments with how excited I would be for Bitcoin to possibly go down just to increase how much I can own
Posted on 8/13/21 at 9:49 am to Ross
same
i think we have a more intimate view of whats happening in this space and realize we are extremely early regardless of price
Posted on 8/13/21 at 10:24 am to Tiguar
quote:
I’d keep an eye on it. News and momentum override TA but FYI
Keep us updated
Posted on 8/13/21 at 11:47 am to Ron Cheramie
You can now stake ETH through Lido while hosting your private keys with Ledger. You basically exchange the token for stETH which is still liquid and in your custody.
Posted on 8/13/21 at 1:13 pm to rocket31
Don't threaten me with a good time
Posted on 8/13/21 at 1:54 pm to Ross
good to know i need to stake some ETH
Posted on 8/13/21 at 2:06 pm to SUG
ADA fixin to flip BNB at this rate 
Posted on 8/13/21 at 2:17 pm to rocket31
Shiiiit i wish i'd have gotten more $1 ADA!
Posted on 8/13/21 at 3:08 pm to Hulkklogan
Whoa, that was a heck of a jump
Posted on 8/13/21 at 3:09 pm to TheDuke5524
Someone just spent a whole lot of money
Posted on 8/13/21 at 3:15 pm to rocket31
quote:
and realize we are extremely early regardless of price
How big do you think the market cap can get? The fastest thing to grow from $0 to $10T was passive investing products in 20 years. BTC probably has the best shot of any asset to beat that.
Posted on 8/13/21 at 3:17 pm to wutangfinancial
depends on how much it takes away from gold, silver, bonds, real estate, etc
a lot of money potentially out there to consume
a lot of money potentially out there to consume
Posted on 8/13/21 at 3:18 pm to wutangfinancial
Most people here are extremely confident BTC is going to flip gold, and eventually prove to provide a superior store of value to other assets like real estate or treasury bonds. There is a very very high ceiling here if these assumptions are even close to accurate.
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