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re: Official CryptoTalk Thread

Posted on 1/5/18 at 1:46 pm to
Posted by DeathValley85
Member since May 2011
19006 posts
Posted on 1/5/18 at 1:46 pm to
quote:

I’m holding my TRX for now.


Posted by LZ83
La
Member since Sep 2016
17445 posts
Posted on 1/5/18 at 1:46 pm to
Can’t argue with Asian and technologyz
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82128 posts
Posted on 1/5/18 at 1:47 pm to
Doesn't matter if its stocks or crypto, its simple math.

Stock/coin A - 100,000,000,000 shares/coins outstanding

Stock/coin B - 10,000,000 shares/coins outstanding

Stock/coin A is going to have a much harder time coming close to the price of Stock/coin B due to the number outstanding. People thinking TRX, XRP, ADA, and somewhat XLM can go get the the same coin price as ones like ETH, LTC, NEO, DASH, XMR, etc. need to realize how many coins are in circulation.

As an example- $1.50 TRX would make it larger than Ethereum. $4.00 TRX would make it larger than Bitcoin
This post was edited on 1/5/18 at 1:49 pm
Posted by LZ83
La
Member since Sep 2016
17445 posts
Posted on 1/5/18 at 1:48 pm to
I’m waiting on some funds to hit CB then I’m getting fun with FUN.
Posted by Ex-Popcorn
Member since Nov 2005
2366 posts
Posted on 1/5/18 at 1:50 pm to
quote:

You got to believe that billions and billions of more dollars are going to be pumped into crypto over the next years. Additionally, I can see TRX taking the same path as Ripple. But I don't see 13 Billion market cap being a top 10 coin by the end of the year.


This is the part a lot of people miss. They look at market caps now and conclude that certain coins can only increase in value a certain amount based on existing market caps. But, less than 1% of the public has any idea about crypto investing. The current overall market is roughly 750 billion. That overall market cap will be in the several trillions soon...the snowball of adopters will make sure of it.

I really don't know what that really means...but it has to mean that existing caps across the board will increase as supply is gobbled up...you know...the rising tide lifts all boats thing...
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/5/18 at 1:50 pm to
indeed, the one thing that Justin/Tron is shilling around everywhere is that there will be a coin burn eventually which would cut back supply

would be great for TRX holders, if true
Posted by DeathValley85
Member since May 2011
19006 posts
Posted on 1/5/18 at 1:51 pm to
Got funny with it around a nickel.

F is for friends who do stuff together
U is for you and me
N is for anywhere and anytime at all
Posted by DeathValley85
Member since May 2011
19006 posts
Posted on 1/5/18 at 1:52 pm to
quote:

indeed, the one thing that Justin/Tron is shilling around everywhere is that there will be a coin burn eventually which would cut back supply would be great for TRX holders, if true


If there isn't a coin burn then Justin Sun is simply a liar. Which would suck for sure.

ETA: I shill TRX around here because it's fun...it's a hold for me, but no I didn't throw my life savings into TRX. I encourage everyone to read as much as they can about everything they can.
This post was edited on 1/5/18 at 1:54 pm
Posted by LZ83
La
Member since Sep 2016
17445 posts
Posted on 1/5/18 at 1:52 pm to
I watched TRX go to .30 prettt easily last night. I think .50 is not unreachable.
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18670 posts
Posted on 1/5/18 at 1:56 pm to
I now have 6k coins in XLM and 6k in TRX

My only question about XLM... how much volume do they have compared to Ripple? Because while I hate Ripple simple because it can be manipulated because it's not decentralized . My other problem is that they can just print more... and it is already #2 on market cap just at $2.50
Posted by Indfanfromcol
LSU
Member since Jan 2011
14915 posts
Posted on 1/5/18 at 1:57 pm to
quote:

Stock/coin A is going to have a much harder time coming close to the price of Stock/coin B due to the number outstanding. People thinking TRX, XRP, ADA, and somewhat XLM can go get the the same coin price as ones like ETH, LTC, NEO, DASH, XMR, etc. need to realize how many coins are in circulation.


I don't think anyone is arguing with this, or your math. However, lets look at what is truly happening. Alts are on the rise because more people are entering the market and want to get rich big. Yes, TRX isn't going to reach $100, or $10, or even $5. But I think it will hit a $1 because this market wants cheap coins. And Ripple is a big example.

However, for $100, you can buy a ton of TRX. Where as $100 could get me maybe 5 OMG? All in all, I worry more about what I think the profit % will end up being. I think TRX has the capability of hitting $1 a lot sooner than I believe OMG can make the same profit % gains. Then, with that quick profit from TRX, I can buy better shite.
This post was edited on 1/5/18 at 2:00 pm
Posted by DeathValley85
Member since May 2011
19006 posts
Posted on 1/5/18 at 1:59 pm to
Whatever APPC is got listed on binance today.

No clue what it is...just mentioning.

ETA: So binance listed it like 1300% over whatever the price was elsewhere or something?
This post was edited on 1/5/18 at 2:02 pm
Posted by Indfanfromcol
LSU
Member since Jan 2011
14915 posts
Posted on 1/5/18 at 2:01 pm to
Still trying to figure out how to bootstrap the BUZZ wallet on MAC.

Thinking that might be the next ECA
Posted by meeple
Carcassonne
Member since May 2011
10921 posts
Posted on 1/5/18 at 2:01 pm to
Just sold my CND for XLM.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82128 posts
Posted on 1/5/18 at 2:02 pm to
quote:

I think TRX has the capability of hitting $1 a lot sooner
And this is where I get lost because TRX doesn't have a product. But I guess that goes back to nothing making sense while its a feeding frenzy of new money coming in
Posted by DeathValley85
Member since May 2011
19006 posts
Posted on 1/5/18 at 2:03 pm to
quote:

And this is where I get lost because TRX doesn't have a product. But I guess that goes back to nothing making sense while its a feeding frenzy of new money coming in


TRX works in mysterious ways...you just need to have faith. It is not for you or I to understand.
Posted by Indfanfromcol
LSU
Member since Jan 2011
14915 posts
Posted on 1/5/18 at 2:03 pm to
quote:

ETA: I shill TRX around here because it's fun...it's a hold for me, but no I didn't throw my life savings into TRX. I encourage everyone to read as much as they can about everything they can.



Definetly read before. I put in $50 the week before Christmas, didn't read and then saw transferring BTC to coinbase was about a $17 fee. I mean, I'm up to a little over $550 now, but only by reading this board, reddit, and listening to them gurus over on the crypto telegram thread. to whoever started the ECA train
Posted by Indfanfromcol
LSU
Member since Jan 2011
14915 posts
Posted on 1/5/18 at 2:04 pm to
quote:

And this is where I get lost because TRX doesn't have a product. But I guess that goes back to nothing making sense while its a feeding frenzy of new money coming in



From what I have seen on reddit, it is purely because of the creator and the Asian market. Apparently it's huge over there because of pride. And I figured with now that stupid dog shite they added to it, over the next month it will skyrocket in Asia.
Posted by Tigerbait337
Louisiana
Member since Aug 2008
20535 posts
Posted on 1/5/18 at 2:05 pm to
Gdax is taking FOREVER to complete my account. The other sites aren’t even allowing you to sign up lol
Posted by OceanMan
Member since Mar 2010
23055 posts
Posted on 1/5/18 at 2:07 pm to
quote:

F is for friends who do stuff together U is for you and me N is for anywhere and anytime at all


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