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re: Official CryptoTalk Thread

Posted on 10/24/21 at 5:57 pm to
Posted by Odinson
Asgard
Member since Apr 2014
2755 posts
Posted on 10/24/21 at 5:57 pm to
quote:

Read the white papers


Woof Papers
Posted by GumboPot
Member since Mar 2009
118782 posts
Posted on 10/24/21 at 8:00 pm to
quote:

For anyone interested in learning about why Olympus DAO is probably not what you think it is here is a good breakdown.




I'm up ~47% on price and APY since I made my first stake last week. Staked more today.

What gives me confidence is the backing per OHM. Right now OHM is trading at about a 6X multiple of its backing. Only a couple of months ago it was trading at a 12X multiple and a much lower price.

I love this project.

Also looking real hard at Strong Block and setting up one node and parlay that into multiple nodes through the year. However Strong is not a set up the node and forget it project. Your node does need periodic maintenance through the your server sub to keep the node up and running.
This post was edited on 10/24/21 at 8:05 pm
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1381 posts
Posted on 10/24/21 at 9:32 pm to
quote:

looking real hard at Strong Block and setting up one node


Also really interested in this
Posted by GumboPot
Member since Mar 2009
118782 posts
Posted on 10/24/21 at 9:37 pm to
LINK

The link above is a 51 minute video but is the info you need to buy a node and maintain it.
This post was edited on 10/24/21 at 9:38 pm
Posted by Rize
Spring Texas
Member since Sep 2011
15785 posts
Posted on 10/25/21 at 7:16 am to
quote:

I bought 67 million last night for the same reason. Everyone at work is so excited. Im like guys, this is a pure pump and dump. Do they have any sort of plan or product at all


I’ve got 90 million. Thinking of dumping some other shite coins and going all in on Shiba for the shite coin section of my portfolio
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 10/25/21 at 10:23 am to
only 5 billion away from Ada. we coming
Posted by dagrippa
Saigon
Member since Nov 2004
11293 posts
Posted on 10/25/21 at 10:38 am to
quote:

only 5 billion away from Ada. we coming


i would laugh my arse off
Posted by LordSaintly
Member since Dec 2005
38900 posts
Posted on 10/25/21 at 10:46 am to
quote:

Do they have any sort of plan or product at all?




At first, no, but they are adding utility. Vitalik Buterin also burned half the supply of Shiba and they have a burn mechanism built into their NFTs.

I also know they're establishing their own blockchain so they'll be a true coin and not a token.
Posted by MindGoblin
Member since Sep 2021
81 posts
Posted on 10/25/21 at 10:47 am to
Anyone ever had a problem with Coinbase Pro going to down for an extended period? I'm about to lose a lot of money if it doesn't work soon. This is absolute bullshite.
Posted by BottomlandBrew
Member since Aug 2010
27098 posts
Posted on 10/25/21 at 11:05 am to
Working for me right now.

ETA: It's showing only US wires are possibly down right now. LINK

Edit 2- One minute after I posted, they had an update saying they were aware of some outages. Still seems to be working for me on both mobile and PC.
This post was edited on 10/25/21 at 11:11 am
Posted by LordSaintly
Member since Dec 2005
38900 posts
Posted on 10/25/21 at 11:23 am to
Traded some stable coin for an additional stack of SOL. Pretty sure I won't regret this.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11102 posts
Posted on 10/25/21 at 11:38 am to
quote:

Olympus DAO


That is actually quite interesting. How often do these theories manifest into reality though? The guys conclusion on BTC can be said about most tech stocks, falling angels (less of these than in 2020) and zombies that are rampant in the US economy. Not to mention all the frothy VC and PE deals that are being made on public market comps juiced on buybacks and auto bid retirement accounts.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 10/25/21 at 12:27 pm to
bitcoin could become "reserve currency of the world." - US Senator Rand Paul
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 10/25/21 at 12:30 pm to
quote:

bitcoin could become "reserve currency of the world." - US Senator Rand Paul



It is inevitable
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11102 posts
Posted on 10/25/21 at 1:02 pm to


Sure if there were millions of Rand Paul’s running our institutions maybe. Keep smoking that hopium though it’s helping drive the price up.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73655 posts
Posted on 10/25/21 at 1:07 pm to
quote:

I bought 67 million last night for the same reason. Everyone at work is so excited. Im like guys, this is a pure pump and dump. Do they have any sort of plan or product at all


I’ve got 90 million.


Nice let's pump that shib to 10cents
Looks like they claim to be doing all sorts of shite even though no one has any idea what it means

quote:

bitcoin could become "reserve currency of the world." - US Senator Rand Paul


Lulz
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 10/25/21 at 1:13 pm to
quote:

It is inevitable



yea id say within 20 years at this pace, maybe sooner

Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 10/25/21 at 1:14 pm to
quote:

Lulz


low IQ people like this just strengthen by conviction

these people are constantly wrong about everything
Posted by 21JumpStreet
Member since Jul 2012
14650 posts
Posted on 10/25/21 at 1:37 pm to
It's sdv, nothing new
Posted by caro81
Member since Jul 2017
4884 posts
Posted on 10/25/21 at 1:40 pm to
quote:

Looks like they claim to be doing all sorts of shite even though no one has any idea what it means


they are developing their own swap tech to rival uniswap and pancake swap with lower fees that will include burns of their own
Developing NFT's and games to utilize their own token
etc

all i know is that their fan base is frothing at the mouth and wont sell for shite. number of holders over the last weeks have gone up 0.25-1% a day. average hold time, goes up. This means ive been reliably buying and selling highs and lows to make small profits. keeps me poised to cash in if this robinhood thing actually works out.
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