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re: Official CryptoTalk Thread

Posted on 6/4/19 at 8:14 pm to
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/4/19 at 8:14 pm to
Link just pumped big almost up to $1

Iota is not a joke, you need to do more research if you think that.
This post was edited on 6/4/19 at 8:16 pm
Posted by Dellybelly82
Canton, oh
Member since Mar 2019
543 posts
Posted on 6/4/19 at 8:27 pm to
The best comparison I can come up with is the battle for DC over AC electricity. Edison had the inferior product but was already heavily invested but Tesla had the superior product and eventually won out.

Blockchain investors and programmers are already committed and it’s too late to turn direction unless they have an ace up their sleeve.
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/4/19 at 8:33 pm to
Yep still waiting to hear RAs reasoning behind why he thinks it’s a joke.
Posted by Dellybelly82
Canton, oh
Member since Mar 2019
543 posts
Posted on 6/4/19 at 8:41 pm to
He’s probably on binance dumping all his blockchain stock after reading about IOTA. Lol
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/4/19 at 8:54 pm to
Lol he must be the one selling 43k worth of link on binance
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 6/4/19 at 9:38 pm to
quote:

CE tiger, it would be advisable to read about it.

They will bend the knee to Chainlink


quote:

Chainlink is starting to become a turd in my eyes, I hope I’m right.




Get Link Pilled
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/4/19 at 10:23 pm to
I’m definitely really high on Chainlink still, I’ve been reading some really good stuff but iota is definitely a hedge bet against it. I think we get a 50% drop on Chainlink sometime in June and I plan on loading the frick up.
Posted by stout
Porte du Lafitte
Member since Sep 2006
180573 posts
Posted on 6/4/19 at 11:26 pm to
quote:

1 of the two will make it and will make me a rich man.






What has amazed me about crypto over the past few years is people gambling and missing real opportunities in the best stock market in history.

I am a hypocrite because I bought into the hype before. And FWIW I had bought into Bitcoin when it was still pennies so I believe in the potential, but I am smart enough to realize the odds of picking which of the alto coins will take off at this point is a crap shoot. There are too many promising too many different things. No one know which ones will be here in 6 months much less a few years and out of those which ones will be worth anything.

That being said, I hope it does make you rich.

On a side note I bought a ton of GOLD last week because it was way down and I know the longer there is a trade war the more people will move to GOLD until things blow over and then Trump announced Tariffs on Mexico which sent GOLD straight up Friday. I made several thousand by the time I sold it this morning (it was down early in trading today) Just saying don't miss out on real opportunities that have been there for years to chase pipe dreams. At this point, the odds of picking the right coin is about the same as buying some scratch offs IMO but I get that the speculation is half the fun too.
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/4/19 at 11:30 pm to
I do both
Posted by Dellybelly82
Canton, oh
Member since Mar 2019
543 posts
Posted on 6/5/19 at 5:25 am to
I don’t have enough money to do anything in the stock market, the 10 grand I have to invest is useless in a real market. When I talk about getting rich, I’m really just joking because I know it’s a long shot but at least it’s a shot.
quote:

They will bend the knee to Chainlink
why? Big claims call for an explanation? We’re all here to learn.
This post was edited on 6/5/19 at 5:31 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 6/5/19 at 7:49 am to
Because every smart contract platform needs to communicate with the outside world. In order to keep it trustless it needs an oracle. Centralized oracles defeat the point of distributed ledger technology so it will come down to Chainlink the Standard for Decentralized Oracles.

Oh also IOTA is shite


This post was edited on 6/5/19 at 7:50 am
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/5/19 at 8:41 am to
Are you guys just saying iota is trash for the hell of it or is there an actual reason? Genuinely curious as to why you guys think that
Posted by Dellybelly82
Canton, oh
Member since Mar 2019
543 posts
Posted on 6/5/19 at 9:07 am to
Like my earlier post, they’re too heavily invested and now in denial. It’s very hard to accept your wrong after pushing something for 2 years. It takes a very strong man to do this so I’m curious to see what kind of person I’m dealing with CE Tiger. Will he ride it to bottom or will a light come on and he realizes he better diversify on the other technology also?
This post was edited on 6/5/19 at 9:08 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 6/5/19 at 9:16 am to
IOTA spent 2 years to develop a wallet then had significant issues. IOTA is a hey this shite looks great but can’t execute , like most Crypto
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 6/5/19 at 9:18 am to
quote:

It takes a very strong man to do this so I’m curious to see what kind of person I’m dealing with CE Tiger.


It’s get rich or die trying at this point. My dollar cost average is .25 cents for Chainlink. I’m in this for life changing money so I’d probably hold to zero.

I’ve yet to see a Chainlink competitor worth diversifying into
This post was edited on 6/5/19 at 9:19 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 6/5/19 at 9:25 am to
Like I said

The Oracle Standard




Add another one
This post was edited on 6/5/19 at 9:28 am
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/5/19 at 9:38 am to
I guess my only struggle with chainlink is where does the value of the coin come into play in the overall structure of this project. What would make this coin be worth say $100 one day?

I know it is a solid solution technically but just want to know why that would make the coin have serious value.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 6/5/19 at 10:09 am to
In the next implementation of the staking nodes there will be reputation of the data providers. The more link the better your reputation. This now takes most Link out the open market : Supply vs Demand. Now these nodes are also paid in Link and have to put up enough link as collateral for the contracts.

Or you can go with marketcap. If every other crypto needs link to make their shitcoin succeed do you really think it’s valuation should be 25th crypto and shite like IOTA XLM ADA EOS etc are worth more than them? It will one day be a top 5 coin as it’s valuation should exceed bitcoin therefore either the rest of this shite will dump or in the next bull market Link will pass them and have the marketcap of a top 5 crypto which means its price will shoot up
Posted by jmcwhrter
Member since Nov 2012
7810 posts
Posted on 6/5/19 at 10:14 am to
Twitter mob out in full force for LINK today.. riding the lightning

quote:

where does the value of the coin come into play in the overall structure of this project


it doesn't. None of them do. What makes them worth $100 is pure speculation. Read CE Tiger's answer to your question and figure out which part explains WHY this digital currency is worth $100.

Vechain is one of a half-dozen supply chain blockchain solutions in crypto.. yet Microsoft, Amazon, and Google have all stated that they're working on their own blockchain supply chain systems, and theirs won't require you to buy and hold some weird Chinese digital currency named "Vechain Thor"

Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 6/5/19 at 10:22 am to
We get it you like to play pump and dumps. But there is actual tech involved that will eliminate thousands of jobs and save companies billions. Ethereum shot up when the Ethereum enterprise alliance was formed and it showed these big boy companies are actually looking into the tech. This same thing is happening with Chainlink
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