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re: Official CryptoTalk Thread

Posted on 12/5/21 at 9:50 pm to
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13422 posts
Posted on 12/5/21 at 9:50 pm to
That must be ones in top 100 market cap. There were so many rugs the whole top 10 should be -100%
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13422 posts
Posted on 12/5/21 at 9:57 pm to
BTC very close to being on that list too. Weird year
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 12/5/21 at 10:22 pm to
i suppose it could mean that btc and link are just solid long term holds and their gains will be less explosive moving fwd? idk




this is one of the more interesting charts ive seen today; if the idea is accurate, it means we have been in a bear since the summer and the bull hasnt started
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45281 posts
Posted on 12/6/21 at 6:20 am to
Dropped another $10k in ETH/BTC. Can't help myself
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 12/6/21 at 6:29 am to
Sundaeswap is live on testnet. Gotta use Nami wallet. I'll probably go play around on it today. Seems like plenty of bugs found on Reddit, but that is what testnet is for.
Posted by aubie101
Russia
Member since Nov 2010
3606 posts
Posted on 12/6/21 at 8:31 am to
quote:

Dropped another $10k in ETH/BTC. Can't help myself

Getting ready to dump more in ETH, I hear it calling my name.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 12/6/21 at 8:35 am to
quote:




Buy signal IMO.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 12/6/21 at 9:06 am to
Looks like a lot of Ohmies forgot all about 3,3 and chill when it started getting hot in the kitchen.
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1606 posts
Posted on 12/6/21 at 9:17 am to
quote:

Looks like a lot of Ohmies forgot all about 3,3 and chill when it started getting hot in the kitchen.


Total staked OHM is down like 1.5% from where is usually lives at ~90%. Olympus. Rest assured the Ohmies are still staked and chilling. Curious why are you salty about OHM?

Im guessing you were bearish on DAOs, spent a good bit of time eating crow and now feel like a broad market downturn is your opportunity to get in a "told ya so".
This post was edited on 12/6/21 at 9:21 am
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 12/6/21 at 10:59 am to
quote:

Looks like a lot of Ohmies forgot all about 3,3 and chill when it started getting hot in the kitchen.



That is every fork. Getting crushed.

Luckily I'm still above water in Ohm due to rebases. Almost above water in Time and completely underwater in HEC and FHM.

Oh well. I knew the bear would strike, just not this soon. Just have to continue to (3, 3). A month ago I was so tempted to (9, 9) on Rari Capital but resisted the temptation. Glad I did.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 12/6/21 at 11:18 am to
quote:

Fat Batman



Not sure how you arrived at that take considering I've never posted anything negative about Ohm.

Big fan of the project and have not unstaked or sold since first discovering it.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 12/6/21 at 11:19 am to
Yeah, I've never had the balls to 9,9 considering how fast the market can turn and liquidity can dry up.
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1606 posts
Posted on 12/6/21 at 11:22 am to
my apologies, ohmie
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 12/6/21 at 1:18 pm to
Why does everyone like ETH? The network is horrendous - super expensive and super slow.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 12/6/21 at 1:25 pm to
Seems like everyday Prometheus, CEO of Hector, comes on the general discord channel and takes questions from his investors. I asked him this today:

"So many DAOs are popping up on a daily basis and APY seems to be the smoke and mirrors differentiator especially for new defi 2.0 investors. Is the Hector team working on something that will differentiate itself from other DAOs besides being a "spoon"? IMO the game changer will be when defi 2.0 can connect an arm of itself with the normie everyday life. I don't know what that is."

His response:

"yeah we are - hecbank, hecpro, hecpad, plus a few things we haven't revealed yet (things no rebase dao has ever done)"


Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 12/6/21 at 1:26 pm to
quote:

Why does everyone like ETH? The network is horrendous - super expensive and super slow.



I hate it. It's expensive and clunky.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 12/6/21 at 1:30 pm to
Good point about the staking % really not dropping with the market fall. I've been watching it and curious as to how it would react in big market dips. The dune.yxz stat page is awesome.

Imo, OHM is the most interesting crypto project to come out in years.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13422 posts
Posted on 12/6/21 at 2:25 pm to
quote:

Why does everyone like ETH? The network is horrendous - super expensive and super slow.

I don't think anyone likes paying these fees. Even whales. But it is, by far, the most secure and decentralized smart contract chain
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 12/6/21 at 3:02 pm to
quote:

I don't think anyone likes paying these fees. Even whales. But it is, by far, the most secure and decentralized smart contract chain



This is why.

And, in the not so distant future, nobody will be using ETH layer 1. zkrollups will explode in the next 12 months or so.
Posted by 21JumpStreet
Member since Jul 2012
14871 posts
Posted on 12/6/21 at 3:15 pm to
Does this change with pos?
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