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re: Official CryptoTalk Thread

Posted on 7/15/20 at 8:26 am to
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 7/15/20 at 8:26 am to
I hope greed doesn’t burn me but if it’s at this price before the network is live then what happens when staking is announced and the network begins to live to its potential? Could I forgive myself for selling too soon?? I already hate that I sold a bit and lost out on about $10k extra in profits.
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 7/15/20 at 8:31 am to
I sold out some at $7 to pay off a bill, thought I would be able to buy back in at $5 which isn't happening
Posted by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 7/15/20 at 8:58 am to
What i keep telling myself . Its still early .
Posted by tigersint
Lafayette
Member since Nov 2012
3569 posts
Posted on 7/15/20 at 9:01 am to
Also, correct me if I am wrong. But $1,000 link would mean a Market cap of $350B (Near 2017 Bitcoin price) not over $1T as people were saying. Is this correct?
This post was edited on 7/15/20 at 9:42 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 7/15/20 at 9:03 am to
Nobody knows what the circulating supply will look like. The team owns 2/3 of the supply but have put several million into circulation. The rest is to be used to build the network and incentivize nodes. Put a lot of the supply will be locked into staking building reputation for high priced contracts .
Posted by DeathValley85
Member since May 2011
19010 posts
Posted on 7/15/20 at 9:03 am to
quote:

Also, correct me if I am wrong. But $1,000 link would mean a Market cap of $350M not over $1T as people were saying. Is this correct?


$350B*

Full supply is 1 billion, but circulating is only 350-380 million right now. I guess people are assuming those other LINK will be released sooner rather than later, but I actually don't believe that. No reason for that right now.
Posted by tigersint
Lafayette
Member since Nov 2012
3569 posts
Posted on 7/15/20 at 9:43 am to
My bad guys. Yes I meant 350B in the opp.

I was going off of what coinmarketcap says if 350M in supply
This post was edited on 7/15/20 at 9:43 am
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 7/15/20 at 6:53 pm to
So now
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 7/15/20 at 9:10 pm to
Logged into Coinbase just now and had a mild heart attacks as I got the message "cannot pull up your balance at this time" especially with the hacking on Twitter and shite
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 7/16/20 at 8:52 am to
If BTC drops to 7100, it may be our last decent buy possibility for Link under $10.
Posted by shackleford318
Altoona, pa
Member since May 2020
708 posts
Posted on 7/16/20 at 10:38 am to
What makes you think that’s going to happen?
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 7/16/20 at 11:49 am to
It’s been at 9200 for weeks pretty much. It’s gotta go up or down. 7100 is the strongest support level on many charts.

I want more Link. I know many are content with their stacks, I’m not.
Posted by shackleford318
Altoona, pa
Member since May 2020
708 posts
Posted on 7/16/20 at 11:53 am to
Wishful thinking rat.....
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 7/16/20 at 7:04 pm to
Nothing in this space is certain
Posted by shackleford318
Altoona, pa
Member since May 2020
708 posts
Posted on 7/17/20 at 6:59 pm to
I took your advice about RLC and bought at a dollar. The fomo is on and it’s pushing 2 dollars now
This post was edited on 7/17/20 at 7:00 pm
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 7/17/20 at 10:27 pm to
Damn I should start a paid group
Posted by shackleford318
Altoona, pa
Member since May 2020
708 posts
Posted on 7/18/20 at 6:27 am to
After you were so right about Link it’s hard not to trust ole CE for crypto advice. I need someone a whole lot smarter than me to understand what crypto projects are about, they might as well be speaking Chinese.
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 7/18/20 at 7:04 am to
Grabbed more link when it dipped under 8 last night and it is sitting at 7.90
This post was edited on 7/18/20 at 7:05 am
Posted by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 7/18/20 at 7:50 am to
Think were in for more of a correction here but what do I know . LINK usually does the opposite of what people think . You sell and get rekt . You buy and it dumps . Im just watching till FU money .
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 7/18/20 at 7:55 am to
Dipped hard last night when I got a notification so I bought. See it got under 7.80 for a moment and now it is holding steady at 7.90 range. I wouldn't mind seeing it go back to $5 for a bit
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