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re: Official CryptoTalk Thread

Posted on 11/3/21 at 10:08 pm to
Posted by philly444
stuck in contraflow
Member since Nov 2008
12338 posts
Posted on 11/3/21 at 10:08 pm to
Santa coin is absolutely mooning right now guys
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 11/4/21 at 7:40 am to
I have 10K to put wherever I want, either a few coins or spread across as many as 10. Where should I be looking? Currently only on Coinbase Pro atm, not familiar with other platforms. Trying not trying to back complete shitters either. Lol
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 11/4/21 at 7:45 am to
Anyone get in Ohm on eth or Wonderland (Time) on avax?

Their LP discounted bond deals are very interesting and getting in early has paid off big time.
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 11/4/21 at 8:07 am to
quote:

I have 10K to put wherever I want, either a few coins or spread across as many as 10. Where should I be looking? 


Yeah im on a similar hunt. Need a roulette play. With only about half that though
Posted by BottomlandBrew
Member since Aug 2010
29377 posts
Posted on 11/4/21 at 8:17 am to
At home with a sick kid today, so catching up on some crypto shows. Some analysts are saying a quick pullback for a few days to a week, then up fast. Maybe a retest as low as $55k or so. That's based on historical charts from 2017. Take it for what it's worth.
Posted by lsu777
Lake Charles
Member since Jan 2004
36955 posts
Posted on 11/4/21 at 8:27 am to
if you just want to double it by end of the year, hit up dot.

if you want more and willing to put forth the effort to get metamask, buy hex.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/4/21 at 8:44 am to
this is the first time I've trimmed my Sol position into stables. would love to go back to $200
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 11/4/21 at 8:45 am to
quote:

Anyone get in Ohm on eth or Wonderland (Time) on avax?

I got in on both of these last week, but only for the staking. I don't feel like I got in early on them though. Maybe time but not OHM.

Haven't looked into the bonding yet though. What's the story there? How does it work?
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1605 posts
Posted on 11/4/21 at 8:48 am to
quote:

Anyone get in Ohm on eth or Wonderland (Time) on avax?


I threw in for some OHM, (3,3), a couple weeks ago on that dip, wish I would've bought more. Got in KLIMA too around launch and boy has that been a ride.
Posted by RJSambola
Member since Jun 2012
378 posts
Posted on 11/4/21 at 10:35 am to
Bonding is where you commit other assets for time/ohm instead of buying the coin off the market and staking. This is how the project gains treasury assets.

However for time the bonding rewards have never been greater than the 5 day yield of time itself
Posted by lsu777
Lake Charles
Member since Jan 2004
36955 posts
Posted on 11/4/21 at 10:45 am to
quote:

rocket31




bro the whole gamecoin thing is a shite show. one of the worst things i have seen in crypto lol. crazy.

im with you though, only reason this isnt seen in fiat charity BS is because there is no blockchain.
Posted by lighter345
Member since Jan 2009
11893 posts
Posted on 11/4/21 at 10:46 am to
You feel good about this dot prediction?
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 11/4/21 at 10:47 am to
quote:

this is the first time I've trimmed my Sol position into stables. would love to go back to $200

Breakpoint this weekend . Hoping break 250 and head toward 300, if bitty is cooperative
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/4/21 at 10:49 am to
do you have any thoughts on AVAX, im thinking of adding to my position considerably
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 11/4/21 at 10:50 am to
They setup where you bond your LP position, it helps the protocols get ownership of the Liquidity to lock in liquidity.

Like you can LP Ohm-Dai and sell it back to the protocol for ohm at 6% over current price which is paid out over a week.

Previously you could stake the LP and get protocol rewards over time. By buying the lp as a bond the protocol is paying out the same or less rewards vs long term staking.

Also they lock the LP which helps ensure liquidity in perpetuity.

I bought some wMemo on fantom, will see if it works out.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 11/4/21 at 10:54 am to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/4/21 at 10:54 am to
quote:

Hoping break 250 and head toward 300, if bitty is cooperative


you might be right, i still have a nice bag but i gotta realize some of the these SOL profits

what are your thoughts on the 4 year cycle - i go back and forth - but im leaning towards another bear just because collective psychology is trained for that type of thinking, even though fundamentals have never been better

This post was edited on 11/4/21 at 10:55 am
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 11/4/21 at 10:58 am to
I think it’s now part of the macro and next year looks tough with inflation fears likely tightening fiscal & monetary + midterms. People will blame the 4 year cycle for next year’s bear and be caught off guard when the rally happens much earlier than they’ve been trained following that downturn.
Posted by lsu777
Lake Charles
Member since Jan 2004
36955 posts
Posted on 11/4/21 at 11:03 am to
quote:

You feel good about this dot prediction?



i do, predicated on BTC stays above 50k and makes a run as we all think it will.

but if BTC breaks below 50k, i could see dot having a 40-50% pull back before establishing new ATH in 1st quarter of next year.

i been in on dot since it was below $10 if that makes you feel better and its one of the ones i have held the whole time.
This post was edited on 11/4/21 at 11:04 am
Posted by lsu777
Lake Charles
Member since Jan 2004
36955 posts
Posted on 11/4/21 at 11:07 am to
quote:

do you have any thoughts on AVAX, im thinking of adding to my position considerably



i think it touches $100 by 1st quarter next year.

I think 2nd quarter through end of 2022 is bearish due to the aforementioned pull back of government spending, interest rates climbing etc.

im not in bitboy territory where i think we see deflation, but i do think there has to be some kind of pullback and i think the inverted yeild curve predicts that also. The inverted yield curve has predicted almost every recession or some type of government interference.

i think we do get government interference but do not think they can continue to keep the forces at bay past 2q at the longest.
This post was edited on 11/4/21 at 11:08 am
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