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Posted on 8/13/21 at 7:36 pm to TheDuke5524
I'm wanting to dip into some $ETH. I'm noticing the most recent upswing (since the end of July) has been on relatively low volume. Anyone have any thoughts as to why? Or if it's a concern?
Posted on 8/13/21 at 8:29 pm to The Sultan of Swine
So BNB and ADA are even marketcap
Binance is largest exchange, 3x larger than coinbase. BNB token is used for fees and is burned routinely.
the BNB token is also used on pancake swap for fees (2nd largest defi exchange behind uniswap).
ADA doesn't even have a functional defi swap yet or a centralized exchange like binance
what am i missing
Binance is largest exchange, 3x larger than coinbase. BNB token is used for fees and is burned routinely.
the BNB token is also used on pancake swap for fees (2nd largest defi exchange behind uniswap).
ADA doesn't even have a functional defi swap yet or a centralized exchange like binance
what am i missing
This post was edited on 8/13/21 at 8:31 pm
Posted on 8/13/21 at 8:41 pm to rocket31
Speculation on potential, I guess. If Cardano can deliver, it could take a considerable share of ETH market and could devour BSC.
It's all a big guessing game though.
It's all a big guessing game though.
Posted on 8/13/21 at 8:47 pm to rocket31
Could be that people imagine a better return of a $2 coin vs a $400 coin?
The shillers are touting the best staking mechanism and smart contracts 1 month away.
I just don't see what ADA does better long term.
The shillers are touting the best staking mechanism and smart contracts 1 month away.
I just don't see what ADA does better long term.
Posted on 8/13/21 at 9:03 pm to down time
It's kinda like ETH2 with more centralized control (a formal committee
for governance) but more decentralized security through different PoS and staking structure. Also, dapps have to be built from a dead programming language for now.
People really love the decentralized staking, because it doesn't take nearly as much to become a validator, and ADA holders can delegate their ADA.
for governance) but more decentralized security through different PoS and staking structure. Also, dapps have to be built from a dead programming language for now.
People really love the decentralized staking, because it doesn't take nearly as much to become a validator, and ADA holders can delegate their ADA.
This post was edited on 8/13/21 at 9:08 pm
Posted on 8/13/21 at 10:42 pm to rocket31
Nothing, honestly I would not buy ADA here Unless your in it long term. Safer play is DOT
Posted on 8/14/21 at 12:10 am to SUG
Every Friday some degenerates get liquidated, but there’s less every week, it seems.
Posted on 8/14/21 at 1:36 am to Tiguar
Yep. It's coming.
Posted on 8/14/21 at 4:35 am to SUG
ADA just continues to grow. 58% in a week, and 76% in a month. I'm usually a hodler and not a trader, but this is getting tempting to take some profits.
Posted on 8/14/21 at 9:05 am to Tiguar
XRP moving hard (up 12% whereas the rest of the market is slightly up to flat) on speculation that the SEC is about to settle with Ripple Labs. Once that happens XRP will be placed back on U.S. exchanges.
This post was edited on 8/14/21 at 9:06 am
Posted on 8/14/21 at 10:05 am to GumboPot
Weeeee
Posted on 8/14/21 at 10:13 am to down time
quote:
Could be that people imagine a better return of a $2 coin vs a $400 coin?
true. this probably a big part of it.
Posted on 8/14/21 at 10:15 am to BottomlandBrew
quote:
ADA just continues to grow. 58% in a week, and 76% in a month.
I'm seeing the "ADA will flip ETH" memes all over Twitter so if that becomes closer to a reality I could see more run left
can't underestimate the momentum of memes
Posted on 8/14/21 at 10:27 am to GumboPot
quote:
XRP moving hard
Posted on 8/14/21 at 10:30 am to rocket31
Pretty wild charles coming for vitaly's neck
They got the memes, smart contracts, and a low dollar coin that people think if it gets to ethereum's level of 3000k I will be a millionaire...
charles coming for vitaly's neck They got the memes, smart contracts, and a low dollar coin that people think if it gets to ethereum's level of 3000k I will be a millionaire...
This post was edited on 8/14/21 at 10:32 am
Posted on 8/14/21 at 11:12 am to 21JumpStreet
quote:
people think if it gets to ethereum's level of 3000k I will be a millionaire...
Good luck to them. A market cap of $100 trillion is totally possible. Posted on 8/14/21 at 11:55 am to Huge Richard
You want some bullish optimism on XRP check out the Crypto Serpent.
Posted on 8/14/21 at 12:00 pm to 21JumpStreet
if eth marketcap stayed where it is now, ADA flips it at around $10 per coin
Posted on 8/14/21 at 12:35 pm to rocket31
The vast majority of people investing think ADA would have to get to ETH current price to flip it. Brings me back to the “do you know what market cap is” question I asked a minimum of 100 times on this forum when idiots can put the woodwork in the alt run earlier this year
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