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re: Official CryptoTalk Thread

Posted on 8/14/21 at 12:59 pm to
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 8/14/21 at 12:59 pm to
it is a little shocking that people do not understand market cap versus token price yet invest real money into these projects

It’s literally elementary school math to divide the market cap by the number of tokens
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/14/21 at 1:04 pm to
yup. we can still get a million sats for under $500

Posted by TigerDeBaiter
Member since Dec 2010
10677 posts
Posted on 8/14/21 at 1:07 pm to
bUT iF eTH caN geT to 3000, wHy can aDA?!?

This rally feels like dumb money pouring in, and that’s why I got out. Could be totally wrong, but these “stimulus checks” (cash advance by gov.) might have something to do with this.
Posted by 21JumpStreet
Member since Jul 2012
14871 posts
Posted on 8/14/21 at 1:13 pm to
Yea, I was waiting for a good opportunity to flip my alts to btc. Good time for ada right now i think.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/14/21 at 1:17 pm to
hard to knock that decision. it's up over 70% in three weeks
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/14/21 at 1:20 pm to
just noticed Ted Cruz is sharing btc articles on Twitter

the countdown until the political board gets orange pilled begins
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 8/14/21 at 1:23 pm to
quote:

sats


What’s this?
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 8/14/21 at 1:25 pm to
quote:

the countdown until the political board gets orange pilled begins




As much shite as they’ve talked, they will soon realize it’s the only true way towards the freedom from the “establishment”
Posted by TigerDeBaiter
Member since Dec 2010
10677 posts
Posted on 8/14/21 at 1:26 pm to
It seems like anything “cheap” - as in low $ per coin - is currently rallying. Not the best projects necessarily. I think this is also a sign it’s fools chasing “100 baggers”
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 8/14/21 at 1:31 pm to
quote:

As much shite as they’ve talked, they will soon realize it’s the only true way towards the freedom from the “establishment”



I realized it years ago. Just never put my money where by belief is until 6 months ago.

I might be late, but I’m in.
Posted by TigerDeBaiter
Member since Dec 2010
10677 posts
Posted on 8/14/21 at 1:32 pm to
double post…

This post was edited on 8/14/21 at 1:38 pm
Posted by TigerDeBaiter
Member since Dec 2010
10677 posts
Posted on 8/14/21 at 1:37 pm to
quote:

What’s this?


Satoshi (sats)

If the exchanges labeled it on sats just think of the idiots that would buy 1,000,000 sats! Just because. But wouldn’t buy .01 BTC now.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 8/14/21 at 2:02 pm to
quote:

If the exchanges labeled it on sats just think of the idiots that would buy 1,000,000 sats!


Okay, see now.

quote:

Just because. But wouldn’t buy .01 BTC now.


Yeah, makes no sense.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 8/14/21 at 2:15 pm to
quote:

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.


Look I love some ADA but it would take years for it to actually “devour” BSC.

BSC is more utility than ETH right now IMO when you factor in usability and fees.

IMO, with fees considered and safety, Pancakeswap has no equal.

When ADA has a DeFi platform running on it I will sell my stake of BNB and Cake and farm yield there.
This post was edited on 8/14/21 at 2:20 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/14/21 at 2:41 pm to
yeah im pretty sure i come off as a pancakeswap shill at this point but i genuinely feel its a life hack

93.92% APR on auto cake has equaled for me a $~72 ROI per day for not having to do anything.

ill give ADA a try though once its up and running, good to keep your options open
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 8/14/21 at 3:58 pm to
quote:

BSC is more utility than ETH right now IMO when you factor in usability and fees.


For retail, absolutely. Not for institutional adoption, which is what ADA is aiming for in addition to retail.

And I was talking in terms of years, not immediately.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3738 posts
Posted on 8/14/21 at 5:25 pm to
My buddy been begging me to buy some Ripple, laid it out exactly as it transpired. But I’m a babyback bitch
Posted by Huge Richard
Member since Dec 2018
4334 posts
Posted on 8/14/21 at 6:27 pm to
Posted by Rsande63
Spring,TX
Member since Jan 2016
587 posts
Posted on 8/14/21 at 8:06 pm to
Nice 68% this week on my $8500 VTHO investment...typical pump & dump almost over so I'll dip out the profit and put 50% in other crypto & 50% in college fund.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 8/14/21 at 10:02 pm to
quote:

My buddy been begging me to buy some Ripple, laid it out exactly as it transpired. But I’m a babyback bitch


I’m extremely bullish on XRP for the follow reasons:

1.Ripple Labs/SEC settlement and re-listing on US exchanges.
2. BTC decoupling.
3. Best use case for cross border payments and extremely low gas fees compared to POW coins.
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