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re: Official CryptoTalk Thread

Posted on 8/19/21 at 6:49 pm to
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 8/19/21 at 6:49 pm to
I’ve doubled my money in a month with Pancakeswap.
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 8/19/21 at 6:50 pm to
So I converted and bought a ton of Cardano yesterday and this morning. And, it has paid off pretty well thus far. What is the consensus on the ceiling for Cardano and is this Alonzo Fork/Update a plus for it price wise and will it actually compete with ETH? Just trying to get some insight. Ive done my due diligence but everything is pretty much speculation.
Posted by METAL
Member since Nov 2020
1616 posts
Posted on 8/19/21 at 6:57 pm to
Like APYP…?

So we can claim losses and save on taxes?
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 8/19/21 at 7:00 pm to
quote:

what do you think the floor will be for these gen2 llamas
just taking a guess it might be something like:
Unusuals - 6
Rare - 10
Epic - 25
Legendary - 50
Artifact - 100

Posted by Ross
Member since Oct 2007
47827 posts
Posted on 8/19/21 at 7:24 pm to
the pump has returned
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/19/21 at 7:41 pm to
coinbase finally realizing that they should probably hold bitcoin/crypto on their balance sheet if they expect other companies to hold it lol

really was mind-numbing how little they had
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 8/19/21 at 8:36 pm to
I’ve long felt their company valuation wasn’t sustainable because they’d have to lower their fees as competition increased

That should help their stock price as they become essentially a crypto ETF
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/19/21 at 8:38 pm to
indeed. we can buy bitcoin now on the strike app for basically free so this was a good pivot from coinbase
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 8/19/21 at 10:11 pm to
I'm loving my decision to pick up some ada at about a dollar. My average price is $1.24
Posted by 21JumpStreet
Member since Jul 2012
14870 posts
Posted on 8/20/21 at 6:40 am to
Wish I was good at trading. 100% hodl bitcoin atm.
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 8/20/21 at 9:19 am to
quote:

boomtown143

I've started staking some of my hex. What's the deal with some of these random days with a spike in the payout per T-share? Is there a way to know when those will happen or is it just luck? Is it worth it to wait around and not stake until we get one of those days with a spike?

Also, once this pulse airdrop hits, do we expect a huge dump? I thought I read that a huge percentage of hex are not staked.
Posted by SuddenJerk
Member since Oct 2017
756 posts
Posted on 8/20/21 at 9:42 am to
quote:

I've started staking some of my hex. What's the deal with some of these random days with a spike in the payout per T-share?

Spikes in Tshares are extra payout when other people emergency end stake which is then divided out to all other stakers.

quote:

Is it worth it to wait around and not stake until we get one of those days with a spike?

No those spikes are unpredictable. It’s best to stake as early as possible as Tshares continue to rise and be more expensive to obtain. It’s also best to stake more and longer instead of dividing up smaller amounts through different years. It’s all about those Tshares. You can play with the calculator at go.hex.com and see how many Tshares you would get by staking.

quote:

Also, once this pulse airdrop hits, do we expect a huge dump? I thought I read that a huge percentage of hex are not staked.

Usually after there is an airdrop there is a dump, but I don’t think anyone expects it to be huge. There are a lot of people not interested in Hex that are pumped about Pulse. The thinking is that pHex will pump while eHex may take a small step back, but eventually they will equalize out. People will buy whichever coin is cheaper. It’s just human nature.

One of the best parts about Hex is that even if you aren’t interested in staking and locking up your investment, just holding Hex is still super profitable. Right now less than 10% of people stake their Hex which is why the interest gained by staking is so high. The more people that stake, the lower the interest, but also the higher the price of Hex so it evens out.

Right now Hex is the number 3 crypto by market cap. Of course market cap is a whole other discussion. Nomics
This post was edited on 8/20/21 at 9:46 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/20/21 at 9:42 am to
ADA maxis are master race arent they
Posted by CE Tiger
Metairie
Member since Jan 2008
41886 posts
Posted on 8/20/21 at 9:52 am to
fricking sickening
Posted by dagrippa
Saigon
Member since Nov 2004
12062 posts
Posted on 8/20/21 at 10:02 am to
quote:

100% hodl bitcoin atm.


That's a better plan than trading anyway.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 8/20/21 at 10:03 am to


Should've bot moar ADA.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 8/20/21 at 10:09 am to
I’m just happy my ADA maxi coworker got me to allocate 12.5% into it. I wouldn’t have touched it and missed out on dem gainz
Posted by SuddenJerk
Member since Oct 2017
756 posts
Posted on 8/20/21 at 10:10 am to
ADA doing well. DOT and VGX rippin!
Posted by 21JumpStreet
Member since Jul 2012
14870 posts
Posted on 8/20/21 at 10:16 am to
Pulling away. We have a new big 3 folks
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 8/20/21 at 10:20 am to
quote:

SuddenJerk

All good info thanks. I've been playing with the calculator and an excel sheet most of the morning (+ plus some actual work).

So once the pulse hits, will the staking mechanism be the same? Except I'll just need pulse to pay the gas fees for the phex I'm staking?
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