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Posted on 2/22/22 at 6:13 pm to nuwaydawg
quote:
cybercurrency
get out of here Fed!
Posted on 2/22/22 at 6:41 pm to TigerTatorTots
When did the acronym police get here?
Posted on 2/22/22 at 7:51 pm to nuwaydawg
DCA isn’t even crypto specific lingo my friend. Yes I meant “dollar cost averaging”
I promised to go easy on the crypto terminology but you are going to have to meet me halfway and learn some of the basic investing lingo, especially if we are posting on the Money Talk board
I promised to go easy on the crypto terminology but you are going to have to meet me halfway and learn some of the basic investing lingo, especially if we are posting on the Money Talk board
Posted on 2/22/22 at 8:04 pm to Ross
I mean, he did call it cybercurrency…maybe he’s just figuring out the computer machine
Posted on 2/22/22 at 8:12 pm to Origins of Asymmetry
I got in on SOL specifically because it seemed like the most capable layer 1 (L1) protocol to handle the throughput and congestion they all are seeing with the NFT craze and I’m still in the green in it. I’ll credit rocket for putting it in my radar while it was still cheap.
Cardano is/was having a lot of issues with its protocols with something called concurrency and with sundaeswap struggling with congestion. I think a lot of people have lost a lot of faith in it as the ETH killer it was being marketed as. Charles Hoskinson still has an army of loyal followers though and the demand for L1s is likely not going away so it does seem like it may be a good price right now. I’m just a little wary on it/annoyed because I failed to sell it and now I’m back to even on it. Probably just gonna hold my nose and be a bag holder at this point, although again rocket nailed this one and was bearish on it when it was still like $1.50 or so
other than that I my portfolio is pretty simple
BTC 50-60%
ETH 15%
SOL 15%
LINK/ADA/LUNA the rest
and I’ve got some stables out there earning interest
My thesis right now is that we haven’t even scratched the surface of utility with NFTs. There are real world problems that can be solved with certificates of authenticity verified on a blockchain (e.g. some deepfakes can be known to be fakes if they don’t have the certificate, maybe even a decentralized patent repository). I also think Bitcoin is digital gold in a perpetually inflationary world. Ergo, I’m bullish as frick on good layer 1s in DeFi and Bitcoin. I think Chainlink is the only worthwhile oracle play as well so I threw a little at it.
Cardano is/was having a lot of issues with its protocols with something called concurrency and with sundaeswap struggling with congestion. I think a lot of people have lost a lot of faith in it as the ETH killer it was being marketed as. Charles Hoskinson still has an army of loyal followers though and the demand for L1s is likely not going away so it does seem like it may be a good price right now. I’m just a little wary on it/annoyed because I failed to sell it and now I’m back to even on it. Probably just gonna hold my nose and be a bag holder at this point, although again rocket nailed this one and was bearish on it when it was still like $1.50 or so
other than that I my portfolio is pretty simple
BTC 50-60%
ETH 15%
SOL 15%
LINK/ADA/LUNA the rest
and I’ve got some stables out there earning interest
My thesis right now is that we haven’t even scratched the surface of utility with NFTs. There are real world problems that can be solved with certificates of authenticity verified on a blockchain (e.g. some deepfakes can be known to be fakes if they don’t have the certificate, maybe even a decentralized patent repository). I also think Bitcoin is digital gold in a perpetually inflationary world. Ergo, I’m bullish as frick on good layer 1s in DeFi and Bitcoin. I think Chainlink is the only worthwhile oracle play as well so I threw a little at it.
This post was edited on 2/22/22 at 9:54 pm
Posted on 2/22/22 at 8:18 pm to TigerTatorTots
newly hired FBI agent working in that crypto division of theirs and learning the ropes, no doubt
Posted on 2/22/22 at 8:54 pm to Ross
Anyone jumped into bytemasons on fantom?
Posted on 2/22/22 at 9:25 pm to Ross
FBI - Federal Bureau of Investigation***
You and those acronyms. frick
You and those acronyms. frick
Posted on 2/22/22 at 10:05 pm to rocket31
quote:
$1 billion in BTC reserves now backing UST
great news for decentralization maxis
Posted on 2/23/22 at 7:51 am to OneMoreTime
Hoping this Ukraine situation tanks crypto. I want some discounted btc.
Posted on 2/23/22 at 8:24 am to Ross
quote:
Cardano is/was having a lot of issues with its protocols with something called concurrency and with sundaeswap struggling with congestion. I think a lot of people have lost a lot of faith in it as the ETH killer it was being marketed as
I lost all faith. I moved all of my Cardano money into ETH. Specifically, Lido on zkSync through an Argent wallet. Earning 5-7% on ETH and keeping liquid stETH (though it's not useable yet, probably not until zkSync 2.0 is live) vs ADA is just a no brainer to me.
I moved most of my funds to that Argent wallet and staked ETH in Lido so I can hopefully get that sweet, sweet zkSync token when it drops. And every bit of ETH earned right now in this bear market is extra valuable.
zkSync announced yesterday that their general purpose zkEVM chain (zkSync 2.0) testnet is live. I'm so frickin pumped by that. First open license general purpose zkEVM to market, hopefully.
This post was edited on 2/23/22 at 9:04 am
Posted on 2/23/22 at 11:57 am to Hulkklogan
What's the appeal of zkSync as opposed to Matic?
Posted on 2/23/22 at 12:28 pm to tenderfoot tigah
In terms of investing, supposedly there's going to be a big zkSync airdrop but I'm not sure if that's confirmed yet.
But, zkSync isn't releasing a token. Matic and LRC are my zk rollup plays.
But, zkSync isn't releasing a token. Matic and LRC are my zk rollup plays.
This post was edited on 2/23/22 at 12:29 pm
Posted on 2/23/22 at 1:00 pm to LordSaintly
Good day for LUNA
Posted on 2/23/22 at 1:22 pm to tenderfoot tigah
From an investment perspective, they've confirmed they're going to airdrop a token.
From a tech perspective, zkSync is going to be a community-owned and lead general purpose zkEVM, a true layer 2 to Ethereum. They're releasing and airdropping tokens specifically to decentralize governance. Matic, in it's current state, is highly centralized, and it's a sidechain with plans of adding zk chains. I'm not sure if the Polygon team plans to decentralize or not.
From a tech perspective, zkSync is going to be a community-owned and lead general purpose zkEVM, a true layer 2 to Ethereum. They're releasing and airdropping tokens specifically to decentralize governance. Matic, in it's current state, is highly centralized, and it's a sidechain with plans of adding zk chains. I'm not sure if the Polygon team plans to decentralize or not.
This post was edited on 2/23/22 at 2:07 pm
Posted on 2/23/22 at 2:04 pm to Hulkklogan
Imma win this 1mil of bitcoin from coinbase and offset every horrible buy/sale I've made in crypto.
Posted on 2/23/22 at 9:00 pm to DownshiftAndFloorIt
Getting nasty out there. Soon 24k bitcoin. Please. Give it to me
Posted on 2/23/22 at 9:23 pm to TigerDeBaiter
I feel like we will battle it out at 32k again like we did a few weeks ago tbh
The bears have had a really hard time breaking the 30-32k lines of support for the entire last year.
The bears have had a really hard time breaking the 30-32k lines of support for the entire last year.
Posted on 2/23/22 at 9:35 pm to Ross
First stop for sure. Depends how fast things unravel though. Selling is gaining steam and this geopolitical bullshite could go on for a while with mr potato head as commander in chief.
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