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Started By
Message
re: Official CryptoTalk Thread
Posted on 9/14/21 at 7:35 pm to OneMoreTime
Posted on 9/14/21 at 7:35 pm to OneMoreTime
Solana appears to be back up. let's see if we get a dump
1
Posted on 9/14/21 at 7:42 pm to MrSpock
quote:
Looks like you sold the bottom.
Well the bottom was 142 so Ive got that going for me. Ive made shitty trades before though so not uncharted territory. My cost was $105, so if I cant buy lower then ill look for the next entry and try to make money from there.
You cant win them all.
This post was edited on 9/14/21 at 7:43 pm
Posted on 9/14/21 at 7:43 pm to OneMoreTime
Hopefully the exact opposite. Wishful thinking
Posted on 9/14/21 at 7:52 pm to James11111
quote:
Well the bottom was 142 so Ive got that going for me. Ive made shitty trades before though so not uncharted territory. My cost was $105, so if I cant buy lower then ill look for the next entry and try to make money from there.
You cant win them all.
Looks like a good trade to me. My biggest hurdle in trading was understanding you lose zero money taking profits and stop chasing the market. Your dogma is good.
This post was edited on 9/14/21 at 7:54 pm
Posted on 9/14/21 at 7:57 pm to MrSpock
I had a stop loss at 145 that hit. I made 2x on what I sold so don't feel bad about it. I rolled it into link.
Posted on 9/14/21 at 8:05 pm to TigerTatorTots
quote:
I’d be incredibly surprised if it doesn’t crash when it returns online
?
ADA doesnt even have a working SC platform and its still valued 2x as much as SOL
SOL went down because of 400,000 tps overload, no other platform is processing at that rate
Posted on 9/14/21 at 8:06 pm to Aug1
quote:
What is happening with SOL is a complete failure of the chain.
dumbest thing ive read in years
SOL was trying to do all of Mastercard and Visas transactions at the same time, 400,000 TPS.
once the fix is established, this is bullish. remember the chain is only a year old
This post was edited on 9/14/21 at 8:18 pm
Posted on 9/14/21 at 8:07 pm to James11111
you traded away the only SC platform processing tps at the rate they are doing
eth is not even working right now either, unless you consider paying absurd gas fees "working"
this thread is amusing
eth is not even working right now either, unless you consider paying absurd gas fees "working"
this thread is amusing
This post was edited on 9/14/21 at 8:08 pm
Posted on 9/14/21 at 8:10 pm to LordSaintly
quote:
All my SOL is in wallets
good?
Posted on 9/14/21 at 8:23 pm to rocket31
The perception that something has gone terribly wrong
Posted on 9/14/21 at 8:34 pm to rocket31
quote:
good?
Admittedly I panicked a little and was considering selling off. That was premature in hindsight.
Posted on 9/14/21 at 8:46 pm to rocket31
quote:
SOL went down because of 400,000 tps overload, no other platform is processing at that rate
To be fair, it doesn't appear SOL is processing at that rate either
Posted on 9/14/21 at 8:48 pm to TigerTatorTots
gotcha, yeah perception can be everything.
but the reality is that ETH does 15-20 tps and SOL went down because of 400,000 tps
the fact that it withstood so much volume is bullish but with that said, theyll need to find a solution. because with cheap fees, and the user base growing, this type of volume will continue
but the reality is that ETH does 15-20 tps and SOL went down because of 400,000 tps
the fact that it withstood so much volume is bullish but with that said, theyll need to find a solution. because with cheap fees, and the user base growing, this type of volume will continue
Posted on 9/14/21 at 9:04 pm to rocket31
What is the ETH tps on layer 2?
Posted on 9/14/21 at 9:14 pm to rocket31
What’s bad is good! Just remember that guys. He is all knowing!
Rocket31 has spoken.
Rocket31 has spoken.
This post was edited on 9/14/21 at 9:25 pm
Posted on 9/14/21 at 9:27 pm to boomtown143
It takes ETH 5 hours and 30 minutes to do what SOL can do in 1 second.
When ETH 2.0 comes out, that doesn't even mean a TPS increase. It doesn't mean a fee reduction. It just means no more POW. ETH is garbage.
Remember SOL is in beta.
When ETH 2.0 comes out, that doesn't even mean a TPS increase. It doesn't mean a fee reduction. It just means no more POW. ETH is garbage.
Remember SOL is in beta.
Posted on 9/14/21 at 9:28 pm to tenderfoot tigah
Where was I defending eth?
Posted on 9/14/21 at 9:32 pm to tenderfoot tigah
quote:
It takes ETH 5 hours and 30 minutes to do what SOL can do in 1 second.
When ETH 2.0 comes out, that doesn't even mean a TPS increase. It doesn't mean a fee reduction. It just means no more POW. ETH is garbage.
Remember SOL is in beta.
SOL is still limited by hardware though.
Layer 2 solves most of this because layer 2 revolves around the platform and specific function of said platform.
IMO, all these chains trying to do everything on layer 1 are going to have problems if they want to "overtake" btc. That is to say, right now, they all have problems.
This post was edited on 9/14/21 at 9:35 pm
Posted on 9/14/21 at 9:40 pm to rocket31
quote:
What is happening with SOL is a complete failure of the chain.
quote:
dumbest thing ive read in years
Why is that dumb? The network halted and from what I've read-from reliable sources-a hard fork is needed to restart it.
Posted on 9/14/21 at 9:43 pm to JayDeerTay84
You didn't Boom. I'm just displaying how much better SOL is than the current #1.
I would mention ADA, but Cardano already has 0 respect as it is. Okay, I'll give it a try. SOL has finalized more smart contract transactions in 1 second than ADA has in history.
I would mention ADA, but Cardano already has 0 respect as it is. Okay, I'll give it a try. SOL has finalized more smart contract transactions in 1 second than ADA has in history.
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