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re: Official CryptoTalk Thread

Posted on 3/30/23 at 9:44 am to
Posted by MrSpock
Member since Sep 2015
4328 posts
Posted on 3/30/23 at 9:44 am to
quote:

Time to trade btc for some shitcoins? Nice little btc dominance at the moment


Yes. Take a peek at SOLBTC and ALGOBTC charts.
This post was edited on 3/30/23 at 10:25 am
Posted by HottyToddy7
Member since Sep 2010
13980 posts
Posted on 4/2/23 at 9:32 am to
I doubt BTC is going to break and hold $28,600 on weekend volume. But XRP is testing the downtrend line since Tuesday night/Wednesday morning. Finally showing some life after the pull back. $0.50 held support nicely up to this point. I’ll be watching it closely today.
Posted by Huge Richard
Member since Dec 2018
3743 posts
Posted on 4/2/23 at 4:45 pm to
Posted by 21JumpStreet
Member since Jul 2012
14639 posts
Posted on 4/2/23 at 7:23 pm to
Can't believe crypto other than btc and projects not on btc is still a thing
Posted by HottyToddy7
Member since Sep 2010
13980 posts
Posted on 4/2/23 at 8:07 pm to
I see charts, I swing trade. I don’t care what the project is. I’m in and out. Might be 1 day might be 2 weeks. But I have an entry and an exit.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10386 posts
Posted on 4/3/23 at 12:26 am to
quote:

Can't believe crypto other than btc and projects not on btc is still a thing


It's antiquated technology. It's stupid expensive to transact and super slow. I'm not interested in digital gold.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/3/23 at 6:16 am to
quote:

It's antiquated technology. It's stupid expensive to transact and super slow.


Stupid expensive? You are joking right?

Lightning network has 1 million TPS and fees are 2-3 cents!

And obviously the BTC network is the most secure in the world.
This post was edited on 4/3/23 at 6:17 am
Posted by BottomlandBrew
Member since Aug 2010
27070 posts
Posted on 4/3/23 at 7:40 am to
quote:

Can't believe crypto other than btc and projects not on btc is still a thing


Can't believe cars other than sedans are still a thing.

Not everything is trying to be bitcoin, just like not every car is trying to be a sedan. Sometimes you need a truck.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/3/23 at 7:41 am to
quote:

Not everything is trying to be bitcoin, just like not every car is trying to be a sedan. Sometimes you need a truck.


Yep. Space will be big enough for numerous well developed projects.
Posted by Huge Richard
Member since Dec 2018
3743 posts
Posted on 4/3/23 at 10:02 am to
Hey I’m an xrp supporter
Posted by LSU5508
New Orleans
Member since Nov 2007
3614 posts
Posted on 4/3/23 at 1:29 pm to
What is the opinion of Ethereum? I'm already 2-3 times what I spent 5 years ago. Is it worth holding on should I just take my profits and go. Sticking kicking my self I didn't get out two years ago when it was double what it is today.
Posted by MrSpock
Member since Sep 2015
4328 posts
Posted on 4/3/23 at 2:27 pm to
quote:

What is the opinion of Ethereum? I'm already 2-3 times what I spent 5 years ago. Is it worth holding on should I just take my profits and go. Sticking kicking my self I didn't get out two years ago when it was double what it is today.




We are about to hit accumulation zones. I would wait until 2024 if you are hellbent on selling.
Posted by BottomlandBrew
Member since Aug 2010
27070 posts
Posted on 4/4/23 at 10:12 am to
My opinion is that it has a strong future, but I'm a dumbass, so whatever.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10386 posts
Posted on 4/4/23 at 11:48 am to
quote:

Lightning network


I'm not interested in a layer 2 project. Layer 2s are double trouble.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/4/23 at 12:01 pm to
Double what trouble? It all settles on the worlds most secure chain.

At this point it is a feature of Bitcoin. Damn near every app utilizes it and it’s not a token project.



This post was edited on 4/4/23 at 1:48 pm
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42459 posts
Posted on 4/4/23 at 8:35 pm to
ETH almost at 2k

I have 43 ETH and buy more pretty often
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10386 posts
Posted on 4/5/23 at 9:01 am to
quote:

Double what trouble? It all settles on the worlds most secure chain.

At this point it is a feature of Bitcoin. Damn near every app utilizes it and it’s not a token project.


You have to worry about issues with Bitcoin and issues with the 2nd network, in this case the Lightning Network. I prefer to deal with L1s so I only have to worry about issues with one network.

Don't forget Bitcoin had an inflation bug discovered just 3 years ago. I'm not sure how you can quantify it as the most secure chain.

I'm also not a fan of anything having to do with proof of work. POW is destroying the environment and making computers more expensive which drives up inflation.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80765 posts
Posted on 4/5/23 at 9:26 am to
quote:

I'm also not a fan of anything having to do with proof of work. POW is destroying the environment and making computers more expensive which drives up inflation.

I pray this is just a troll
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/6/23 at 7:59 am to
quote:

I pray this is just a troll


Its not. He is just repeating Richard:

LINK

Posted by I Love Bama
Alabama
Member since Nov 2007
37695 posts
Posted on 4/6/23 at 8:27 am to
quote:

I'm also not a fan of anything having to do with proof of work. POW is destroying the environment and making computers more expensive which drives up inflation.


With all due respect, you have absolutely no idea what you are talking about. I pray this is a troll.
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