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re: Official CryptoTalk Thread

Posted on 11/4/22 at 7:42 am to
Posted by BottomlandBrew
Member since Aug 2010
27253 posts
Posted on 11/4/22 at 7:42 am to
Polygon has been crushing it lately. One of my better buys. Now let's see if I can remember my lessons about taking profits
Posted by WylieTiger
Member since Nov 2006
13161 posts
Posted on 11/4/22 at 8:09 am to
Many Alts went up yesterday and through the night. Interested to see where it goes.
Posted by LordSaintly
Member since Dec 2005
39081 posts
Posted on 11/5/22 at 12:06 am to
I hear ya. Polygon's price has been pretty resilient to the market downturns. I bought a bag during the summer lows but I can't bring myself to sell yet.
Posted by BottomlandBrew
Member since Aug 2010
27253 posts
Posted on 11/6/22 at 7:41 pm to
CZ and SBF are currently duking it out. Could get ugly for FTX.
Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 11/6/22 at 7:42 pm to
Cz is da goat. The new Jeff Bezos.

Get your shite off of cex. Especially ftx now
This post was edited on 11/6/22 at 7:50 pm
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 11/6/22 at 7:46 pm to
It should get ugly for FTX/Alameda based on the shite I’ve read today

Next wave of the ponzi/Devi contagion likely
Posted by BottomlandBrew
Member since Aug 2010
27253 posts
Posted on 11/6/22 at 7:53 pm to
I guess FTX was offering to buy everyone because they could borrow against a token they created. They hit an infinite money glitch, but the glitch got exposed.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 11/7/22 at 7:12 am to
Not sure how many times that lesson has to be learned before people realize the entire point of crypto is to not be beholden to a company. With Ledger announcing a Binance partnership and how easy it is to use for trading purposes, I’m not even sure what the appeal of hosting money on a CEX even is anymore.
This post was edited on 11/7/22 at 7:15 am
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 11/7/22 at 9:06 pm to
Apparently the token just broke

And SOL is a casualty of war as it was a large reserve pool of FTX

Will Algo selling commence and we see a waterfall across the asset class? These things can get real messy real quick
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43317 posts
Posted on 11/7/22 at 9:20 pm to
Ive been bullish on matic for a long time, average cost of $0.46

Even more bullish now. Their general purpose zkEVM implementation is super easy from a developer experience.. I've tested contracts on zkSync and Polygon zkEVM and it's not even a contest. I had to change nothing but what URL I point my requests to for deployment. zksync requires new packages, Docker container, and deployment script rewrites.

In the end, success starts with developer adoption.. zkSync will have first mover advantage but Polygon wont be far behind and will have a much better DevX.


Im hedging my bets by buying Matic but also using zkSync in hopes of getting the airdrop
This post was edited on 11/7/22 at 9:28 pm
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 11/7/22 at 9:23 pm to
I guess SBF isn’t the next Warren buffet
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43317 posts
Posted on 11/7/22 at 9:33 pm to
quote:

And SOL is a casualty of war as it was a large reserve pool of FTX


Time to buy some SOL
Posted by BottomlandBrew
Member since Aug 2010
27253 posts
Posted on 11/7/22 at 10:24 pm to
I guess they ran out of FTT and SOL to sell. Longs just got rekt. I don't know if it survives the night. My SOL bag took a big hit, but on the plus side, I get to lower my average.
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 11/7/22 at 11:00 pm to
Fully expecting to wake up in the morning to FTT sub $10
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 11/8/22 at 12:30 am to
It’s a cascade of Collateral damage right now - wonder what we’ll see by morning as mainstream news starts to put out headlines
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 11/8/22 at 10:14 am to
In other news… CZ acquiring FTX. Wow.

What a gangster move by CZ.
Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 11/8/22 at 10:19 am to
Da goat! Again, if your have anything on ftx, get it off. Never know what binance might find and pull out if the deal. Page ce tiger!
Posted by BottomlandBrew
Member since Aug 2010
27253 posts
Posted on 11/8/22 at 10:19 am to
CZ just won some serious 4d chess.
Posted by buckeye_vol
Member since Jul 2014
35255 posts
Posted on 11/8/22 at 10:22 am to
I have like $5 in Bitcoin, but it’s stuff like this that makes me follow crypto subreddits and Twitter accounts.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 11/8/22 at 11:34 am to
That. Escalated. QUICKLY
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