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re: Official CryptoTalk Thread
Posted on 9/27/21 at 9:13 am to rocket31
Posted on 9/27/21 at 9:13 am to rocket31
The Cardano summit over the weekend had a lot of announcements - no price impact from them at this point.
Digital ID's on Cardano for Boost Mobile phone subscribers (8+ million)
Digital ID's on Cardano for Dish Network subscribers (5+ million)
NFTs on Cardano for Rival sports gaming platform
Oasis Pro (licensed investment bank) using Cardano for settlement and tokenization of bond offerings
LINK oracle integration
Light wallet capable of offline transactions
dApp store integration
governance integration
There were others, but these were the ones I noticed from reading online.
Digital ID's on Cardano for Boost Mobile phone subscribers (8+ million)
Digital ID's on Cardano for Dish Network subscribers (5+ million)
NFTs on Cardano for Rival sports gaming platform
Oasis Pro (licensed investment bank) using Cardano for settlement and tokenization of bond offerings
LINK oracle integration
Light wallet capable of offline transactions
dApp store integration
governance integration
There were others, but these were the ones I noticed from reading online.
This post was edited on 9/27/21 at 9:15 am
1
Posted on 9/27/21 at 9:39 am to RonLaFlamme
SOL and AVAX leading the way today
Posted on 9/27/21 at 11:03 am to rocket31
so seems chinas crackdown is leading to massive amounts of liquidity moving to cold storage
Although many of the TA are showing a trend toward bearish market, the On chain analytics is showing the opposite. In general, like was posted last week, a "China Ban" has been followed with big jumps. With this being the strictest ban yet, i look for the biggest jump yet over next 2 weeks.
Although many of the TA are showing a trend toward bearish market, the On chain analytics is showing the opposite. In general, like was posted last week, a "China Ban" has been followed with big jumps. With this being the strictest ban yet, i look for the biggest jump yet over next 2 weeks.
quote:
On chain metrics just got more bullish. I’ve been sharing that long term holders have been accumulating and pulling bitcoin and ETH off exchanges. Also, the level of distribution by short term holders has skyrocketed and is reaching a critical level where historically it has been a great indicator for setting the floor and shocking supply with illiquid coins. Some analysts have been reporting on what Chinese holders have been doing with their crypto after the recent ban. The vast majority are not selling, instead they’ve pulled off exchanges into cold wallets, strengthening the supply shock ratio. Whenever illiquid supply shock gets locked in, we’ve historically blown the market open with parabolic and steady bull trends.
It’s not a matter of whether crypto is more off exchanges than not, it’s the fact that the ones pulling off exchanges have a record of keeping it off. Right now, these numbers are at critical levels. Strap in.
Posted on 9/27/21 at 11:11 am to lsu777
Let’s hope so. The charts are screaming more than ever. Return to Normal. Which means a big drop would be imminent.
Posted on 9/27/21 at 11:35 am to TigerDeBaiter
quote:
Let’s hope so. The charts are screaming more than ever. Return to Normal. Which means a big drop would be imminent.
oh thats coming too. I just am starting to think the on chain analytics win out for a couple weeks before we hit fear.
Posted on 9/27/21 at 12:14 pm to TigerTatorTots
i think my feelings on Hex are pretty well known but got to give boom credit....since he bought Hex to us around april....it has done like 50x. Its kind of like Doge, we all hate on it, but those that were screaming at us to buy at 0.02 ended up being right 
and i say right only in the form of we could have made fricking bank on it.
and i say right only in the form of we could have made fricking bank on it.
Posted on 9/27/21 at 12:49 pm to lsu777
Yes, it was an excellent call no doubt. I 100% would have thrown a little at it if it was easier to buy given I am not on any swap exchange. Definitely my loss
Posted on 9/27/21 at 1:35 pm to 21JumpStreet
Posted on 9/27/21 at 1:58 pm to 21JumpStreet
quote:
Gme got next?
what the hell do i know? i didnt buy 0.02 doge or sub penny hex so wtf do i know? at times im a dinosaur in this game playing it way to conservative mainly cause i have been through the other bull runs and saw countless multi-millionares on paper end the run with zero because they refused to sell.
Posted on 9/27/21 at 2:21 pm to lsu777
apparently the market doesn't like the ADA-Dish network partnership 
Posted on 9/27/21 at 2:24 pm to lsu777
Thats the thing. Most, and I mean majority of people, do not hold for a 50X return. They just dont. Far too many emotions to sit there and not sell.
That is the other thing about Hex, they pretty steep unstaking penalties for the people talking about paper gains.
That is the other thing about Hex, they pretty steep unstaking penalties for the people talking about paper gains.
Posted on 9/27/21 at 3:06 pm to JayDeerTay84
For every person to make fun of a project, there is someone getting rich off that project. I believe we can all learn from one another and become better investors, even if we disagree on which project to invest in. I would invest in frozen orange juice concentrate if I believed it to be the next rocket. We are all doing better than the guys fighting wall street tooth and nail to beat 10% yearly returns.
Posted on 9/27/21 at 3:50 pm to JayDeerTay84
quote:
Thats the thing. Most, and I mean majority of people, do not hold for a 50X return. They just dont. Far too many emotions to sit there and not sell.
im the poster boy for that having bought btc at 13 cents in late 2010. but i have learned lol,
the other thing is even if holding got to know when enough is enough. its kind of like a drug kingpin or a mafia guy. everyone says they would just walk away.....but its not that easy.
look at the last bull run. tons of multi millionaires on paper from the top 10 coins list. many held thinking it would go back up....many of those bags are worhtless now.
granted hex is essentially backed by a billionaire who was a billionaire before crypto but the point still stands.
in the end though, the hex guys were right and are right in that you can't make huge parabolic jumps in your portfolio without getting in on some of these coins at launch.
there will be 10x coins again during next bull run that 10x after already being listed on CB, but i dont think it happens again this bull run. Like the way grt, ada and a couple others did. not gonna happen.
to get those kinds of gains, you will have to do swappy coins and hold for a while catching them at launch and holding until the get listed.
i do agree with the hex guys that pulse is the next one to do that. its a risk but not much more than others.
besides i still think we get a shake out then a run like the on chain is showing. bear starting in jan.
Posted on 9/27/21 at 6:39 pm to lsu777
Anybody heard of azero? Public sale not available to us residents but once it hit exchanges it could blow up... supposedly faster transactions than solana
Posted on 9/27/21 at 7:03 pm to 21JumpStreet
Instead of ETH killers we now have Solana killers! Haha
Posted on 9/27/21 at 8:03 pm to JayDeerTay84
Long drawn out bleed all day long. Damn
This post was edited on 9/27/21 at 8:17 pm
Posted on 9/27/21 at 9:23 pm to JayDeerTay84
quote:
I have had good success with Crypto.com and use their visa debt card but they don’t have the yields voyager does.
Last time I tried to pull fiat out of voyager it took about a month. frick that noise. Lol.
I’m on the fence still. I’m considering making a recurring deposit $5k daily to buy USDC and get the 9% interest on the money that’s just rotting in my 0.5% savings account. Just don’t trust that my money will be safe there until I decide to transfer it back to fiat and that I won’t have any problems withdrawing back into my savings account.
Posted on 9/27/21 at 9:25 pm to Who_Dat_Tiger
Voyager isn’t a bad app. It’s just not worked at the most terrible times for me. Their APY is one of the best.
I just like Crypto.com better and their debit card.
I just like Crypto.com better and their debit card.
Posted on 9/27/21 at 9:30 pm to JayDeerTay84
Ive been using it and haven’t had any issues with the app so far other than the fact that I feel like there are definitely hidden fees every time I make a transaction as my account balance drops about $100 each time. Pretty big deal actually so that’s why I’m considering just going into USDC.
When I make USD<->USDC transactions I don’t see my balance magically disappear like I do with other crypto transactions in the app and I’ll take the 9% return happily if I had confidence my money is safe. I’ve never tried a withdrawal yet so your previous comment is what makes me nervous
When I make USD<->USDC transactions I don’t see my balance magically disappear like I do with other crypto transactions in the app and I’ll take the 9% return happily if I had confidence my money is safe. I’ve never tried a withdrawal yet so your previous comment is what makes me nervous
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