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OneMoreTime
SMU Fan
Florida Gulf Coast Fan
Member since Dec 2008
61256 posts

re: Official CryptoTalk Thread
quote:


ETA: I was wrong, non KYC up to 1btc I think
yeah, i've never had issues withdrawing


OneMoreTime
SMU Fan
Florida Gulf Coast Fan
Member since Dec 2008
61256 posts

re: Official CryptoTalk Thread
Solana appears to be back up. let's see if we get a dump


James11111
Walnut Creek
Member since Jul 2020
1976 posts

re: Official CryptoTalk Thread
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 at 7:43 pm


TheDuke5524
LSU Fan
Baton Rouge
Member since Jun 2015
484 posts

re: Official CryptoTalk Thread
Hopefully the exact opposite. Wishful thinking


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MrSpock
US Space Force Fan
Member since Sep 2015
3294 posts

re: Official CryptoTalk Thread
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 at 7:54 pm


burgeman
Southeastern LA Fan
Member since Jun 2008
9857 posts

re: Official CryptoTalk Thread
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.


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rocket31
Toledo Fan
Member since Jan 2008
40421 posts

re: Official CryptoTalk Thread
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


rocket31
Toledo Fan
Member since Jan 2008
40421 posts

re: Official CryptoTalk Thread
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 at 8:18 pm


rocket31
Toledo Fan
Member since Jan 2008
40421 posts

re: Official CryptoTalk Thread
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
This post was edited on 9/14 at 8:08 pm


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05
rocket31
Toledo Fan
Member since Jan 2008
40421 posts

re: Official CryptoTalk Thread
quote:

All my SOL is in wallets


good?


TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
78505 posts

re: Official CryptoTalk Thread
The perception that something has gone terribly wrong


LordSaintly
New Orleans Saints Fan
Member since Dec 2005
35088 posts

re: Official CryptoTalk Thread
quote:

good?


Admittedly I panicked a little and was considering selling off. That was premature in hindsight.


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BottomlandBrew
LSU Fan
Member since Aug 2010
23588 posts

re: Official CryptoTalk Thread
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


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31
rocket31
Toledo Fan
Member since Jan 2008
40421 posts

re: Official CryptoTalk Thread
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





JayDeerTay84
LSU Fan
Texas
Member since May 2013
8297 posts

re: Official CryptoTalk Thread
What is the ETH tps on layer 2?


boomtown143
USA Fan
Merica
Member since May 2019
5555 posts

re: Official CryptoTalk Thread
What’s bad is good! Just remember that guys. He is all knowing!

Rocket31 has spoken.

Image: https://i.postimg.cc/MZQyZ9YK/35065184-3-C20-4-D0-F-8-B62-F98-B84-A47-FB5.jpg

This post was edited on 9/14 at 9:25 pm


tenderfoot tigah
LSU Fan
Red Stick
Member since Sep 2004
7472 posts

re: Official CryptoTalk Thread
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.


boomtown143
USA Fan
Merica
Member since May 2019
5555 posts

re: Official CryptoTalk Thread
Where was I defending eth?


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JayDeerTay84
LSU Fan
Texas
Member since May 2013
8297 posts

re: Official CryptoTalk Thread
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 at 9:35 pm


Douglas Quaid
TBD Fan
Mars
Member since Mar 2010
3795 posts

re: Official CryptoTalk Thread
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.


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