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re: Official CryptoTalk Thread
Posted on 11/1/21 at 12:49 pm to rocket31
Posted on 11/1/21 at 12:49 pm to rocket31
quote:If we are just talking coin transfers, it also costs ~0.01 to use bitcoin via lightning. In this day, XRP really serves no benefit to what is already out there.
it costs 0.0001 cents to use Solana it costs 0.01 cents to use BSC already cheap alternatives out there, just a lot of the defi moat is on eth for now
1
Posted on 11/1/21 at 12:53 pm to Hulkklogan
quote:If the task is to move large amounts of money securely, there is literally zero reason to use anything other than Bitcoin right now. Nothing more decentralized or secure with relatively low fees compared to ETH.
In addition, Ethereum network focuses heavily on decentralization. Retail forces may not care as much about the decentralization aspect (particularly during a bull market), but institutions and whales certainly do. When moving that kind of money, reliability and security >>>>>>>>>>> $200 gas cost.
Posted on 11/1/21 at 12:57 pm to TigerTatorTots
quote:
If the task is to move large amounts of money securely, there is literally zero reason to use anything other than Bitcoin right now. Nothing more decentralized or secure with relatively low fees compared to ETH.
Pretty much my thought. My only use for Eth/BNB/SOL etc is defi.
Posted on 11/1/21 at 1:05 pm to TigerTatorTots
quote:
If the task is to move large amounts of money securely, there is literally zero reason to use anything other than Bitcoin right now. Nothing more decentralized or secure with relatively low fees compared to ETH.
This is true, but there's not much in the way of defi activity on Bitcoin network. Whales and institutions want to use those tools as well.
Posted on 11/1/21 at 1:09 pm to OneMoreTime
I’m hoping TKING rockets. Bought Friday evening, up around 40%.
Posted on 11/1/21 at 1:19 pm to TigerTatorTots
quote:
In this day, XRP really serves no benefit to what is already out there.
i obviously agree but there are a large portion of xrp maxis/bagholders who have conviction otherwise
i wouldnt be surprised if flare/songbird became a big deal
Posted on 11/1/21 at 1:50 pm to Hulkklogan
quote:
Ethereum network focuses heavily on decentralization. Retail forces may not care as much about the decentralization aspect (particularly during a bull market), but institutions and whales certainly do. When moving that kind of money, reliability and security >>>>>>>>>>> $200 gas cost.
Good point. It does seem big money trusts ETH decentralization and security above other platforms (excluding btc) and that is not w/o good reason. And I get the point others have mentioned about rising SOL, AVAX, DOT, etc. is in fact the market punishing ETH.
Posted on 11/1/21 at 4:20 pm to BZ504
quote:
I’m hoping TKING rockets
So do we really expect these shitmemes to become available on the exchanges?
Posted on 11/1/21 at 4:24 pm to LSUJuice
No. They won’t.
Posted on 11/1/21 at 5:22 pm to OneMoreTime
francium is still offering 27% yield on USDC, a stable coin
prob can beat the rate chasing meme stocks but still worth looking into
prob can beat the rate chasing meme stocks but still worth looking into
Posted on 11/1/21 at 7:05 pm to HeadyMurphey
quote:
Haven't seen any talk of Jasmy. Anyone in on this?
Everyone buying in on cartoon coins the last few weeks, so glad I saw the best advice I've seen/taken as a lurker in here yet. Gratzi HeadyMurph. Wish I had bigger stones when I read the mention and did the research
This post was edited on 11/1/21 at 7:06 pm
Posted on 11/1/21 at 7:39 pm to rocket31
Anyone read about LoopRing and GameStop possible NFT play?
Reading about it on Reddit. Seems to have some legs.
Reading about it on Reddit. Seems to have some legs.
Posted on 11/1/21 at 7:45 pm to rocket31
Been waiting for a pullback under $2 for SAND all day. Didn’t pull the trigger when it hit $2 on the nose and of course it jumps up to $2.60.
…Now up to $3.20
fml
…Now up to $3.20
fml This post was edited on 11/1/21 at 8:52 pm
Posted on 11/1/21 at 8:23 pm to OneMoreTime
quote:
No. They won’t.
Wrong ,TKING will be listed on multiple exchanges soon. Next shib. Yall watch.
Posted on 11/1/21 at 8:25 pm to Drank
Thanks bro, my first homerun as a noob. Today was a great day
Posted on 11/1/21 at 8:39 pm to BZ504
quote:
I’m hoping TKING rockets. Bought Friday evening, up around 40%.
Good, glad someone listened :)
Posted on 11/1/21 at 10:33 pm to HeadyMurphey
Still going. .
Gonna have to figure out how taxes work if/when I pull the plug
Loving it long term though at the same time so probably won’t touch it.
Internet of Things is real, as is Japan.
Gonna have to figure out how taxes work if/when I pull the plug
Loving it long term though at the same time so probably won’t touch it.
Internet of Things is real, as is Japan.
This post was edited on 11/1/21 at 10:37 pm
Posted on 11/1/21 at 11:27 pm to rocket31
Yeas very bullish on DOT, ready to deploy my DOt to parachains
ADA has not failed imo, expected pullback and consolidation and got it.
Eth fees suck right now but all layer 2 10k is inevitable
ADA has not failed imo, expected pullback and consolidation and got it.
Eth fees suck right now but all layer 2 10k is inevitable
Posted on 11/2/21 at 7:15 am to hookfin
quote:
Jasmy still a good buy?
I think .60-1.00 is realistic in the short term. Some think getting back to its previous high of $5 is possible long term. Proceed at your own risk.
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