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Crypto Tip

backthepack
backthepack Member Posts: 19,937
edited May 2022 in Tug Tavern
If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.
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Comments

  • BuffBuffPass
    BuffBuffPass Member Posts: 326

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
  • backthepack
    backthepack Member Posts: 19,937

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
  • BuffBuffPass
    BuffBuffPass Member Posts: 326

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,469 Founders Club
    Baseman said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    That’s the signal I’ve been waiting for. @creepycoug Im immediately going to 100% cash. Get out now while you can
    @PurpleBaze
  • creepycoug
    creepycoug Member Posts: 24,050
    Baseman said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    That’s the signal I’ve been waiting for. @creepycoug Im immediately going to 100% cash. Get out now while you can
    I'm out.
  • creepycoug
    creepycoug Member Posts: 24,050

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    Just the tip?
  • backthepack
    backthepack Member Posts: 19,937
    It’s up 74 cents since Wednesday. Fuck off. From 1.27 to 1.81.
  • FremontTroll
    FremontTroll Member Posts: 4,744
    Limited supply of 45 BILLION lol. Ada is the most overrated of the hype projects that are supposed to take over the world.
  • backthepack
    backthepack Member Posts: 19,937

    It’s up 74 cents since Wednesday. Fuck off. From 1.27 to 1.81.

    *64
  • FremontTroll
    FremontTroll Member Posts: 4,744
    edited May 2021

    It’s up 74 cents since Wednesday. Fuck off. From 1.27 to 1.81.

    *64
    This is crypto. You’re bragging about a 50% gain?

    Here is the thing- everything you think Ada is going to achieve in 10 years is already priced in plus more. What is the upside here? It’s already #5 in market cap and the gulf between it and Eth is vast so best it can do is heat, 3-4x the market to pass Binance for #3?

    Vs. the risk that it falls away entirely like 75% of the world changing top ten from five years ago.

    There are two moves in crypto: #1 just buy btc/eth.
    #2 if you actually know what you’re doing and have the time you can try to catch viral ideas before they go big or you can try to find a sub-500 ranked project that has the right sweet spot of large scope with near term adoption/development to try to catch a sustainable 100x.
  • greenblood
    greenblood Member Posts: 14,560
    edited May 2021
    I’m going long in ETH, and I’m day trading the rest. I’m on the sideline with Bitcoin. Since I’ve been told wash rules don’t “yet” apply to crypto, Robinhood’s free trades make it a great opportunity. Up 40% since Tuesday.
  • haie
    haie Member, Swaye's Wigwam Posts: 23,759 Founders Club

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
  • backthepack
    backthepack Member Posts: 19,937

    It’s up 74 cents since Wednesday. Fuck off. From 1.27 to 1.81.

    *64
    This is crypto. You’re bragging about a 50% gain?

    Here is the thing- everything you think Ada is going to achieve in 10 years is already priced in plus more. What is the upside here? It’s already #5 in market cap and the gulf between it and Eth is vast so best it can do is heat, 3-4x the market to pass Binance for #3?

    Vs. the risk that it falls away entirely like 75% of the world changing top ten from five years ago.

    There are two moves in crypto: #1 just buy btc/eth.
    #2 if you actually know what you’re doing and have the time you can try to catch viral ideas before they go big or you can try to find a sub-500 ranked project that has the right sweet spot of large scope with near term adoption/development to try to catch a sustainable 100x.
    600% gains in doge btw
  • jecornel
    jecornel Member Posts: 9,737
    Cryto investing! It's the Florida wetlands of 20's!!! NO!! It's the next global transformation since Al Gore invented the internet. It seems if you have funds to speculate with you can make money. insert popcorn.gif

    If you watch Kiss Ground on Netflix narrated by freemason Woody Harrelson we are all dead in the next 60 farming cycles. So fuck it. YOLO.
  • creepycoug
    creepycoug Member Posts: 24,050
    haie said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
    Not a rhetorical question: but isn't that the point of crypto itself?

  • BuffBuffPass
    BuffBuffPass Member Posts: 326
    haie said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
    Cryptography inherently makes things more secure. Blockchains inherently do not. Blockchains and decentralized cryptocurrencies solve the Byzantine general’s problem. Is that a real problem for grades in Ethiopian schools?

    Anyone who was in the Bitcoin/crypto world has seen this play out over and over, most recently in 2017/18 when all kinds of coins came out trying to be x company but on the blockchain. Everyone pretty quickly figured out you’d be better off with a centralized database for nearly all of these things.
  • haie
    haie Member, Swaye's Wigwam Posts: 23,759 Founders Club

    haie said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
    Cryptography inherently makes things more secure. Blockchains inherently do not. Blockchains and decentralized cryptocurrencies solve the Byzantine general’s problem. Is that a real problem for grades in Ethiopian schools?

    Blockchain inherently makes things secure, because you cannot forge anything. I'm not talking about TSL. I'm talking about security in the general sense.

    As to your other comment, I would assume so, or at least the Ethiopian government assumes so. Need @EthiopiaSuperiorityGuy to weight in.
  • BuffBuffPass
    BuffBuffPass Member Posts: 326
    haie said:

    haie said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
    Cryptography inherently makes things more secure. Blockchains inherently do not. Blockchains and decentralized cryptocurrencies solve the Byzantine general’s problem. Is that a real problem for grades in Ethiopian schools?

    Blockchain inherently makes things secure, because you cannot forge anything. I'm not talking about TSL. I'm talking about security in the general sense.

    As to your other comment, I would assume so, or at least the Ethiopian government assumes so. Need @EthiopiaSuperiorityGuy to weight in.
    That’s only true about forgery if your blockchain is immutable. Plenty of big name cryptos have history of violating this, including Ethereum and the DAO.

    Assuming they need it doesn’t make it so. It’s much more likely they paid off some Ethiopian government official to achieve this rather than some real need for a blockchain in Ethiopian schools. This is probably better than the usual corruption too as they get to confuse people who don’t know any better and come across as forward thinking at the same time.
  • haie
    haie Member, Swaye's Wigwam Posts: 23,759 Founders Club

    haie said:

    haie said:

    If you want a good crypto investment throw some money into cardano ADA. They just signed a deal with multiple african countries to run financial systems via their blockchain. Biggest crypto onboarding/contract ever. The coin has a supply limit of 45 billion. It’s the 3rd generation version of ETH and has only been in existence for a couple of years. It’s done by the same devs. There’s an entire ecosystem built off it as well. Gone up 40 cents in the past day.

    LOL you mean they announced they're going to store grades for school kids on Cardano. Why that actually needs a blockchain/cryptocurrency is anyone's guess.
    I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.
    Why do you need a blockchain, with a cryptocurrency attached, to achieve that?
    Security, of course.

    That is the whole point of all of this.

    >>>>>> traditional security and validity.
    Cryptography inherently makes things more secure. Blockchains inherently do not. Blockchains and decentralized cryptocurrencies solve the Byzantine general’s problem. Is that a real problem for grades in Ethiopian schools?

    Blockchain inherently makes things secure, because you cannot forge anything. I'm not talking about TSL. I'm talking about security in the general sense.

    As to your other comment, I would assume so, or at least the Ethiopian government assumes so. Need @EthiopiaSuperiorityGuy to weight in.
    That’s only true about forgery if your blockchain is immutable. Plenty of big name cryptos have history of violating this, including Ethereum and the DAO.

    Assuming they need it doesn’t make it so. It’s much more likely they paid off some Ethiopian government official to achieve this rather than some real need for a blockchain in Ethiopian schools. This is probably better than the usual corruption too as they get to confuse people who don’t know any better and come across as forward thinking at the same time.
    That's a good point. I'm not into crypto, but I wouldn't touch immutable cryptos anyway. I guess that's part of the investment analysis for those that are though. Is that just because they're trying to rush to market?
  • backthepack
    backthepack Member Posts: 19,937
    Up a dollar to 2.30 in the past week and a half. Signed contracts with 22 more countries. You’re welcome.
  • jecornel
    jecornel Member Posts: 9,737
    I’ve got a nice little bag.


  • ntxduck
    ntxduck Member Posts: 6,141
    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/
  • dirtysouwfdawg
    dirtysouwfdawg Member Posts: 14,113
    ntxduck said:

    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/

    Self proclaimed.
  • backthepack
    backthepack Member Posts: 19,937
    edited May 2021
    ntxduck said:

    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/

    Anything done by the ETH team is probably worthwhile.
  • FremontTroll
    FremontTroll Member Posts: 4,744

    ntxduck said:

    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/

    Anything done by the ETH team is probably worthwhile.
    Who the fuck is the “ETH team” and what the hell do they have to do with this pump n dump?
  • backthepack
    backthepack Member Posts: 19,937
    edited May 2021

    ntxduck said:

    @backthepack as the resident crypto expert what are your thoughts on ethereum max (emax) that just launched Friday?


    https://www.ethereummax.org/

    Anything done by the ETH team is probably worthwhile.
    Who the fuck is the “ETH team” and what the hell do they have to do with this pump n dump?
    Eth isn’t a pump and dump. It’s the second biggest coin on the market behind bitcoin. The coin he’s talking about is on the eth network, it’s built off ETH code.

    Cardano’s not a pump and dump at all?