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re: Official CryptoTalk Thread

Posted on 9/7/21 at 6:47 pm to
Posted by 21JumpStreet
Member since Jul 2012
14867 posts
Posted on 9/7/21 at 6:47 pm to
Yea, it's either bitcoin or an alt that can sky rocket.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/7/21 at 6:59 pm to
yup been my ETH view for awhile.

and if by miracle if ADA has a successful SC launch it will get even uglier for ETH

then again if ADA fails to deliver, i think SOL will be the one to benefit most
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 9/7/21 at 7:01 pm to
I hold all three at equal amounts so I guess I’m cool if two go to zero as long as the third is an absolute moonshot
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/7/21 at 7:07 pm to
a lot of people absolutely cucked themselves by staking on coinbase for eth 2.0 because they would have rotated into something else by now im guessing



Posted by Ross
Member since Oct 2007
47827 posts
Posted on 9/7/21 at 7:19 pm to
I lack the conviction to say Ethereum will never be able to scale. ETH 2.0 is a meme but it will happen one day and we will see what happens, it definitely has the most name recognition amongst casual crypto people and the network effect is powerful

I also don’t see there being just one winner in this space
This post was edited on 9/7/21 at 7:24 pm
Posted by BottomlandBrew
Member since Aug 2010
29370 posts
Posted on 9/7/21 at 7:24 pm to
I still have faith ETH will be a good play. That said, I am planning on changing up my DCA to include more SOL. Like a good bit more SOL.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/7/21 at 7:35 pm to
i still think eth is still going to be a big deal but the moat has been on other chains over the past couple months.

from here moving forward, what is going to give you more profits? without any ETH catalysts anytime soon and without any solution on the fee situation (from what I know), i dont know if its the best hold short term

This post was edited on 9/7/21 at 7:39 pm
Posted by 21JumpStreet
Member since Jul 2012
14867 posts
Posted on 9/7/21 at 7:50 pm to
quote:

a lot of people absolutely cucked themselves by staking on coinbase for eth 2.0 because they would have rotated into something else by now im guessing




yup especially with celsius offering 5.35%
Posted by FlyinTiger93
Member since May 2010
3724 posts
Posted on 9/7/21 at 8:33 pm to
I caught my staking mistake early, and realized its limitations. Everything I added after went into ETH. Moved 2/3’s into SOL for the ride to the moon.
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 9/7/21 at 8:57 pm to
whoa we are giving up on eth now? They will not adapt? What about BNB? Can ADA do anything at all yet?

I get it with SOL. Very nice and fast.
Posted by FlyinTiger93
Member since May 2010
3724 posts
Posted on 9/7/21 at 9:03 pm to
I kept some for its first mover status. I have made good money with it since I finally jumped in. I just see so much more up side to SOL. I hold ADA, but not a believer until it can do something. I put it near the same category as DOGE. All hype, no action.
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 9/7/21 at 9:16 pm to
(no message)
This post was edited on 8/8/24 at 2:47 pm
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 9/7/21 at 11:42 pm to
quote:

Well, I didn't get the big dip, but I did buy BTC, SOL, LINK, EOS, and XTZ today. I typically have trouble buying crypto dips that aren't planned but for some reason this one was easy to pull the trigger


When I finally dipped into crypto I noticed that prices dropped on the weekends mostly. That was the case for ETH anyway. Happened every weekend for a month. What’s the problem with ETH anyway? I’ve seen people mention it as problematic a few times. I need to keep up better. I could sell ETH for a pretty good profit right now
This post was edited on 9/8/21 at 4:21 am
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 9/8/21 at 1:11 am to
frick the SEC

And after Brian Armstrong’s tweets it’s pretty clear today’s cascade came from people who knew trouble was brewing with regulators
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 9/8/21 at 4:28 am to
It's 5:21am. I am checking the last hour of percentage drops.

Of course it looks a little different on coinbase as opposed to voyager, which was what I was looking at. Why doesn't blockfi who chart maps for 1H, 1D, 1W, etc?

Wait, i take back the first paragraph. Sometimes I have to restart my phone when it comes to financial apps for some reason. Have the same problem with TDAmeritrade.
This post was edited on 9/8/21 at 4:40 am
Posted by buckeye_vol
Member since Jul 2014
35377 posts
Posted on 9/8/21 at 6:19 am to
quote:

frick the SEC

And after Brian Armstrong’s tweets it’s pretty clear today’s cascade came from people who knew trouble was brewing with regulators
Armstrong’s tweets are so strange because the SEC has treated that type of lending as a security dating back to the 1930’s and the Securities Act of 1933, which was almost immediately pointed out by a bunch of finance and legal experts (and just plain old journalists and people with a basic background understanding). I have a hard time believing this is due to ignorance, so I suspect he’s intentionally misleading, hoping for people to get upset with the SEC (for whatever reason).
This post was edited on 9/8/21 at 6:22 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/8/21 at 6:46 am to
Coinbase was going to offer 4% yield on USD and it's publicly traded so even normies will take advantage. banks can't compete with that. nothing more to it
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 9/8/21 at 6:54 am to
SEC out here “protecting” investors
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/8/21 at 7:01 am to
destroying paths to earn returns on capital for average Joe's - "we are protecting you bro"

I don't even like Coinbase but this is just sad
This post was edited on 9/8/21 at 7:02 am
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 9/8/21 at 8:01 am to
Coinbase isn't exactly a lightweight, I hope the SEC gets rocked.

Guess they needed a new playmate after XRP flipped their case on them.
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