Crypto Tip
Comments
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Limited supply of 45 BILLION lol. Ada is the most overrated of the hype projects that are supposed to take over the world.
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*64backthepack said:It’s up 74 cents since Wednesday. Fuck off. From 1.27 to 1.81.
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This is crypto. You’re bragging about a 50% gain?backthepack said:
*64backthepack said:It’s up 74 cents since Wednesday. Fuck off. From 1.27 to 1.81.
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. -
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.
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Security, of course.BuffBuffPass said:
Why do you need a blockchain, with a cryptocurrency attached, to achieve that?backthepack said:
I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.BuffBuffPass said:
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 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 is the whole point of all of this.
>>>>>> traditional security and validity. -
600% gains in doge btwFremontTroll said:
This is crypto. You’re bragging about a 50% gain?backthepack said:
*64backthepack said:It’s up 74 cents since Wednesday. Fuck off. From 1.27 to 1.81.
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. -
creepycoug said:
I'm out.Baseman said:
That’s the signal I’ve been waiting for. @creepycoug Im immediately going to 100% cash. Get out now while you canbackthepack 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.
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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. -
Not a rhetorical question: but isn't that the point of crypto itself?haie said:
Security, of course.BuffBuffPass said:
Why do you need a blockchain, with a cryptocurrency attached, to achieve that?backthepack said:
I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.BuffBuffPass said:
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 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 is the whole point of all of this.
>>>>>> traditional security and validity.
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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?haie said:
Security, of course.BuffBuffPass said:
Why do you need a blockchain, with a cryptocurrency attached, to achieve that?backthepack said:
I think the whole goal is to establish better access to social, digital, and financial services through their blockchain.BuffBuffPass said:
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 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 is the whole point of all of this.
>>>>>> traditional security and validity.
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.
