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re: Official CryptoTalk Thread

Posted on 8/23/21 at 2:10 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10607 posts
Posted on 8/23/21 at 2:10 pm to
I'm taking my principal out at $3.00.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 8/23/21 at 2:19 pm to
quote:

I feel like I have to sell my ADA, this run up makes zero sense compared to other projects with actual use


One can loose money fast by attempting to understand the crypto market through logic and reason. I'm not arguing market direction either way; only that riding the sentiment is the most profitable path in crypto. Trying to make sense of it will get you burned.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 8/23/21 at 2:22 pm to
quote:

BNB considering what the token offers in comparison


Well BNB is completely centralized so there is that. There was a time when the crypto market cared about OG crypto principles...things like decentralization and censor resistance.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82092 posts
Posted on 8/23/21 at 2:38 pm to
quote:

Trying to make sense of it will get you burned.
Well yea, that is why I only hold for the most part. My end goal is to accumulate as much bitcoin as possible and these alt coin investments I make are ultimately to help gain more sats in the event the gains outpace bitcoin gains.
Posted by 21JumpStreet
Member since Jul 2012
14868 posts
Posted on 8/23/21 at 3:19 pm to
quote:

other projects with actual use




Hmm which are those?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82092 posts
Posted on 8/23/21 at 3:24 pm to
Touche


Meant other companies further along in becoming actually useful
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/23/21 at 3:43 pm to
the BNB coin has the utility for cheaper trading fees on the largest exchange in the world by three fold

you can also use it on pancake swap (2nd largest defi exchange)

and yea I think the whole decentralization thing flew out the window a long time ago for most people..

look at how many people celebrated a bank buying an NFT today
This post was edited on 8/23/21 at 3:47 pm
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 8/23/21 at 4:23 pm to
Not all centralization is bad IMO.
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 8/23/21 at 4:23 pm to
I’ll wait till closer to $4 to take ADA profits. I feel like the dump comes much closer to or immediately after the update. Plenty of time for it to keep pumping till then
This post was edited on 8/23/21 at 4:24 pm
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 8/23/21 at 4:27 pm to
Cardano just doesn’t give AF it is gonna rip
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 8/23/21 at 5:33 pm to
Everyone obsessing over ADA (rightly so. Im pumped about it too)

But my shitcoin bae is showing off too



I picked a bunch uo at .011
This post was edited on 8/23/21 at 5:34 pm
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 8/23/21 at 7:05 pm to
Luna back over $30

ETA: over $33 now
This post was edited on 8/23/21 at 8:59 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 8/23/21 at 9:09 pm to
Avalanche gas shot to shite when the value of AVAX token skyrocketed. Itll cost about $5 to transact right now

They are putting in an upgrade to reduce gas by about half. But when Aave and Curve open up shop, gas is probably gonna hurt.
Posted by tigermed
Member since Nov 2007
439 posts
Posted on 8/23/21 at 9:37 pm to
If anyone has questions about how crazy low the chances are that a person can guess or brute force your private keys, check this website out. It has every possible Bitcoin and Ethereum private key on it with color codes. Red are keys that have never been active, yellow are empty wallets, and green are wallets with coins in them. Theoretically you can find the private key to Satoshi’s wallet on here but the size of the database is absolutely daunting. I chose random pages for almost an hour and never found a yellow or green key.

Keys.lol
This post was edited on 8/23/21 at 9:39 pm
Posted by Aug1
Member since Nov 2013
79 posts
Posted on 8/23/21 at 9:49 pm to
Truth. The crypto market is no where near rational. You literally can’t do anything on ADA right now other than stake but it is approaching an insane $100bn marketcap. Take Tezos (which has had smart contracts since 2018) for example, it literally does everything that Cardano hopes to achieve plus more but it’s only sitting at a $3bn marketcap. Point being, follow the market sentiment not logic. I hold both btw.
Posted by SUG
Member since Nov 2015
667 posts
Posted on 8/23/21 at 9:49 pm to
I'm staking ADA in X-Ray pool as free RAY tokens plus normal ADA rewards. Will pivot to Sundae pool when announced
Posted by LordSaintly
Member since Dec 2005
42372 posts
Posted on 8/23/21 at 11:00 pm to
quote:

Theoretically you can find the private key to Satoshi’s wallet on here but the size of the database is absolutely daunting. I chose random pages for almost an hour and never found a yellow or green key.

It would take millenia to brute force a private key.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/24/21 at 12:52 am to
a month ago bitcoin was $29k, sol was $21 and ada was $1

crypto time is weird
This post was edited on 8/24/21 at 12:53 am
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 8/24/21 at 1:03 am to
“Time in the market beats timing the market!”

Crypto: well yes but no
This post was edited on 8/24/21 at 1:04 am
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 8/24/21 at 6:27 am to
quote:

month ago bitcoin was $29k, sol was $21 and ada was $1

crypto time is weird


It was a beautiful time to buy
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