Crypto-trading thread

933,549 Views | 9614 Replies | Last: 3 min ago by Yukon Cornelius
TxAG#2011
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Watching these meme stocks return I am thinking we might see a meme coin return as well.

In for half a billion Shiba.
YouBet
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AG
LatinAggie1997 said:

NTXAg10 said:

The answer to your question is no. ADA does not currently have institutional acceptance. I'd imagine it's largely for the reasons you've noted.

It's as speculative of a risk as 99% of the ****coins that have big promises and minimal current use case. No matter what the "Charles" fanboys on this thread will say.

I own a 1000 ADA and won't be going higher until I see the working product.




I consider myself of "fanboy" of Charles and Cardano. I believe in the vision and the technology so it isn't a slight in my opinion.

What is far worse having a tribal mentality. Allegiance to an inferior technology that is desperately trying to correct multiple flaws is nonsensical.

Personally, I would choose an Arleigh Burke class destroyer still at dry dock over a battleship at sea.
Deluxe
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AG
I think he was saying he's happy to have Charles in his head
MRB10
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AG
I LOLd but agree both of them seem content to let him occupy good real estate in the dome.
Jerkin_my_durkin
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Dog you **** on ADA and then go buy a coin who has a dev nobody knows except for a nickname and who just wants to be the next doge coin?
AgPrognosticator
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AG
aggiengeorgia10 said:

Dog you **** on ADA and then go buy a coin who has a dev nobody knows except for a nickname and who just wants to be the next doge coin?


Welcome to crypto trading thread...
LatinAggie1997
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NTXAg10 said:

I LOLd but agree both of them seem content to let him occupy good real estate in the dome.


The only crytpo occupant in my head is future earnings and the best vehicles to achieve it.

It's the vehicles I choose and why that creates dark places in other folks heads.
TxAG#2011
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aggiengeorgia10 said:

Dog you **** on ADA and then go buy a coin who has a dev nobody knows except for a nickname and who just wants to be the next doge coin?


Hey man at least it actually functions
XXXVII
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TxAG#2011 said:

aggiengeorgia10 said:

Dog you **** on ADA and then go buy a coin who has a dev nobody knows except for a nickname and who just wants to be the next doge coin?


Hey man at least it actually functions


A horse's ass also functions, but would you pay money to own a piece of the excrement it produces?

TxAG#2011
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XXXVII said:

TxAG#2011 said:

aggiengeorgia10 said:

Dog you **** on ADA and then go buy a coin who has a dev nobody knows except for a nickname and who just wants to be the next doge coin?


Hey man at least it actually functions


A horse's ass also functions, but would you pay money to own a piece of the excrement it produces?




That depends do the asians love running up the price of horse poop?
polksalet12345
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EToro ftw!
All your base
LatinAggie1997
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AG
Good insight about the people amd philosophies behind the projects.


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AgPrognosticator
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FAT SEXY said:

What are yalls thoughts on accumulating Ethereum Classic? Will it always track Ethereum?
No. As the ETH BC undergoes continual upgrades, ETC will sink into obsolescence. ETH has a tremendous amount of financial resources that it will use to upgrade it's code in efforts remain competitive in the market place.
Krombopulos Michael
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What are your thoughts on Theta and Theta Fuel?

https://www.thetatoken.org
https://www.theta.tv

Theta awarded 3rd U.S. Patent 10,979,467 for "Methods and Systems for Peer Discovery in a Decentralized Data Streaming and Delivery Network"

https://medium.com/theta-network/theta-awarded-3rd-u-s-patent-10-979-467-for-decentralized-streaming-56aac90906b6


Seems to me, this is one project that can be one of the first mass adoption projects that will actually make a splash with non-crypto public. Plus three US Patents add all sorts of credibility for big investors to ape in....


Why no talk here?
Definitely Not A Cop
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So Coinbase is doing a sweepstakes where if you buy or sell $100 of Doge, then you have a chance to win $300k worth of Doge.
Decay
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I'm a way it's already done that right? Theta was an early coin that's gone through several big increases.
Krombopulos Michael
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It made a climb from less than $0.50 last year to ATH ~ $14.25 in April. Down to $9.00 now.

I think it's got a lot more room for growth.

1) They have their Mainnet 3.0 launch at the end of this month.

2) ~60% of the billion tokens are staked and earning T-Fuel.

3) They have partnerships with World Poker Tour, NASA and other big names (Samsung, Sony, Lionsgate, etc). Launched NFTs for World Poker Tour (WPT is not my thing, but shows they have ability to deliver NFTs to a market).

4) Plus and obviously the most important....its difficult to get in the US. Not listed on US exchanges. Almost all of last years growth was European and Asian demand. https://simpleswap.io - works ok, but a little slow (not financial advise, do your own research)


It's the US Patents, the problem the technology solves, and announced partnerships that make me take most notice. I wouldn't be surprised to see a 10X move from here by this time next year.
Krombopulos Michael
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Bitcoin 2021 Conference in Miami.




Crypto Banter was there. If you weren't there, listen to someone that was there and taking to people behind the scenes.


You want to learn about what's happening in the Crypto industry? Put in the work. Listen, learn, earn....

Chipotlemonger
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AG
Does this apply retroactively to past purchases?
StEdsCOOG
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TxAG#2011 said:

Watching these meme stocks return I am thinking we might see a meme coin return as well.

In for half a billion Shiba.


Welcome to the army.
StEdsCOOG
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nm
kb2001
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AG
I saw news of Abbott signing a bill that has something to do with blockchain and cryptocurrencies. I can't seem to find the text of the bill though, nor any details about what it is. Just some generic stuff on Coindesk reporting Abbott's tweet

https://www.coindesk.com/texas-gov-signs-law-creating-legal-framework-for-crypto-investments

Quote:

  • The new law amends the state's Uniform Commercial Code to better adapt commercial law to blockchain and digital assets, formally defines virtual currencies and offers individuals and businesses a legal environment for crypto investment.

Does anybody know what this bill is?
Troy91
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AG
Here is a better article from when the bill passed. Texas Law Creates Legal Clarity For Bitcoin

Here is the final text of the bill: Enrolled
YouBet
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AG
https://www.bloomberg.com/news/articles/2021-06-05/el-salvador-plans-bill-to-adopt-bitcoin-as-legal-tender-cnbc

El Salvador to adopt BTC as legal tender. Could be an interesting country to follow overall considering their new leader seems to be pretty savvy and not in same mold as your typical leftist totalitarian down there but admittedly need to study up on him more.
kb2001
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Troy91 said:

Here is a better article from when the bill passed. Texas Law Creates Legal Clarity For Bitcoin

Here is the final text of the bill: Enrolled
Thank you
Krombopulos Michael
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Now come the "US Sanctions to curb those pesky El Salvadorian drug lords"

Central banks hate competition.....BTC (as a currency) or others that want to be currencies - (Dash, Monero, LTC, etc) are dead in the long run. Tokens/Companies that use blockchain technology to solve problems are not. i.e - ETH, ADA, BNB, LINK, etc will live, BTC will be assassinated.

Don't worry, its going take years (or a complete collapse) before they kill BTC.
AgPrognosticator
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MuchosPollos said:

Now come the "US Sanctions to curb those pesky El Salvadorian drug lords"

Central banks hate competition.....BTC (as a currency) or others that want to be currencies - (Dash, Monero, LTC, etc) are dead in the long run. Tokens/Companies that use blockchain technology to solve problems are not. i.e - ETH, ADA, BNB, LINK, etc will live, BTC will be assassinated.

Don't worry, its going take years (or a complete collapse) before they kill BTC.



100% agree. This has been my perspective for a while. Crypto "currencies" are going to get crushed.

On the other hand, Blockchain technologies that facilitate defi, cheap permissionless transactions and smart contracts are going to change the world.
AggieActuary
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I wonder where the crypto markets go this week. Doesn't seem like we can trade at similar levels forever (unless crypto suddenly just lost all the volatility that has been constant in this market for so long).
LatinAggie1997
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Troy91 said:

Here is a better article from when the bill passed. Texas Law Creates Legal Clarity For Bitcoin

Here is the final text of the bill: Enrolled


According to BitBoy - the talks in Austin were positive when he was there to discuss crypto. He suggested that Texas become the leader and HUB for blockchain as we have the economy, the infrastructure, and the space. It is a wise move for the state if acted upon. He also recommended the state put some BTC on the books.
LatinAggie1997
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AG
Interesting and looong read ... a tad out of my depth as I don't game but Interesting...

https://thecryptodrip.com/cardano-coming-metaverse/
LatinAggie1997
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AG
Hmmm...many of the comments and quotes in this article are very similar, almost verbatim, to some made by Charles Hoskinson when discussing Africa.

https://qz.com/africa/2015047/africas-central-banks-are-exploring-digital-currencies/
LatinAggie1997
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https://cryptobriefing.com/after-el-salvador-paraguay-hints-bitcoin-paypal-project/
Krombopulos Michael
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And of course the FED/Congress is ready to roll on a moments notice to implement their "solution" when the time is right.

Quote:

S.3571 - Banking for All Act
Introduced in Senate (03/23/2020)

Banking for All Act
This bill requires Federal Reserve member banks to provide digital pass-through accounts (i.e., digital dollar wallets) to residents and citizens, and to businesses domiciled in the United States. Among other things, these accounts must provide specified banking services to eligible persons who elect to deposit funds into these accounts, including access to COVID-19 (i.e., coronavirus disease 2019) aid payments. These accounts may not charge fees or have balance requirements, and must provide a specified interest rate.

In areas with limited access to Federal Reserve member banks, these banks must partner with postal retail facilities to provide services.

Federal Reserve banks must permit state nonmember banks and credit unions to open master accounts for the purpose of offering digital pass-through accounts.

Postal retail facilities and certain small banks must be reimbursed by the appropriate Federal Reserve bank for operational costs incurred by offering the accounts.

https://www.congress.gov/bill/116th-congress/senate-bill/3571
[url=https://www.congress.gov/bill/116th-congress/senate-bill/3571][/url]

Not to make this too much of a F16 post.....Im sure most everyone on here is well aware of this.

Why the post offices? Even towns with less than 200 people have a post office....no one can claim they've been left behind.

The decision has been made, the world is going to eventually go to (be forced into) an ALL digital system. That was baked in the cake for decades, now its just a matter of timing/events to cause the massive switch-over. I'd guess it's within the next three to five years.



LatinAggie1997
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Saylor and MicroStrategy not done buying BTC...looking to add to his bag of over 92,000 BTC.

https://cryptobriefing.com/microstrategy-raise-another-400m-debt-bitcoin/
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