Crypto-trading thread

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Pepesilvia
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In reply to LatinAggie1997 • 10:11p, 9/12/21
AG
LatinAggie1997 said:
mrmill3218 said:
Man what is going on with SOL?


You have to understand the reason it pumped and the people/groups that pumped it.


Explain por favor
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black_ice
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10:25p, 9/12/21
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administrative errors
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In reply to Pepesilvia • 10:44p, 9/12/21
Pepesilvia said:
LatinAggie1997 said:
mrmill3218 said:
Man what is going on with SOL?


You have to understand the reason it pumped and the people/groups that pumped it.


Explain por favor
explanation: if it's not bitcoin, it's ****coin. And ****coins have "traders and shillers" that try to persuade the newbie that they should spend their finite attention or money into said ****coin to eventually rugpull them.

Don't fall into the trap until you have at least .5 BTC on hand in cold storage and a solid understanding of btc.... or you're gonna have a baaaad time.
***
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Step 3: property found

Step 4: set date

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LatinAggie1997
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In reply to Pepesilvia • 10:59p, 9/12/21
AG
Admin errors is largely correct.
The other factors are NFTs and ETH folks pumping into it. Low market cap made it attractive and the tech is good but word was many were going to pull out and start putting funds elsewhere.
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Pepesilvia
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In reply to LatinAggie1997 • 11:05p, 9/12/21
AG
Gotcha. Thank you.
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Done7
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In reply to administrative errors • 11:34p, 9/12/21
SOL is not a ****coin. It is one of the fastest blockchains on the market and IMO it has the potential to be an ETH killer or a very viable #2 to ETH.

Owning 60% BTC, 30 %ETH and SOL and 10% in alts is probably the way to go.
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In reply to Done7 • 2:25a, 9/13/21
Suffering brings maturity.

ETH is its own killer, what's that make SOL, who's allegedly a killer of something committing seppuku
***
Coming soon:
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Step 3: property found

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black_ice
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In reply to Pepesilvia • 7:33a, 9/13/21
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Done7
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In reply to administrative errors • 8:06a, 9/13/21
Sorry you didn't do your homework and bought into a crap coin in the past. But SOL is not one of those.
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In reply to Done7 • 8:32a, 9/13/21
Only to sell to acquire more bitcoin, historically. SOL is just the most hyped "better than" of the newbs. Give it a few years and watch it evaporate because claims don't match with reality and bitcoin L2/L3 will obsolete SOL's use cases and as SOL actually gets used and bloated it'll hasten its own demise.

Do as you will, just make sure to seize profits when you can.
***
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mrmill3218
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9:17a, 9/13/21
AG
Next run up I'm going to sell all my alt coins into USDC and buy BTC when it takes a dip.

It's too much to keep tabs on all these different coins all the time.
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administrative errors
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In reply to mrmill3218 • 9:19a, 9/13/21
Take that extra savings in attention and point it to new skills that'll make you useful to your local community.
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Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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black_ice
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In reply to administrative errors • 9:22a, 9/13/21
administrative errors said:
Take that extra savings in attention and point it to new skills that'll make you useful to your local community.


Exactly. Raise chickens. Calves. Get into your local farmers market.
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Jerkin_my_durkin
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9:30a, 9/13/21
Or use the reddit " moon " formula YOLO + ? = Lambo
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Deluxe
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10:11a, 9/13/21
AG
Big story about Walmart accepting Litecoin as payment turned out to be fake. Gensler was already angling toward classifying almost any non-BTC crypto as a security under his jurisdiction and pump/dump like that on fraudulent info will only accelerate his timeline.
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administrative errors
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In reply to Deluxe • 10:13a, 9/13/21
Seems more of a reason to regulate the news trying to constantly be first past the post instead of anything bitcoin related.
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Deluxe
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In reply to administrative errors • 10:26a, 9/13/21
AG
administrative errors said:
Seems more of a reason to regulate the news trying to constantly be first past the post instead of anything bitcoin related.
Agreed. Most journalism absolutely sucks donkey in 2021 and the race to be first is part of what makes it suck.

But I was conflating two topics. Gensler is working hard to classify most non BTC cryptos as securities under his jurisdiction. As part of that regulatory approach, he'll have the ability to bring the SEC hammer against pump/dumpers (ie the ones behind the LTC/Walmart scheme).
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Done7
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In reply to administrative errors • 3:51p, 9/13/21
Going to bookmark this.
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In reply to Done7 • 4:03p, 9/13/21
Done7 said:
Going to bookmark this.

#remindme5years
***
Coming soon:
AE Ventures - sooner than soon
*Psychedelic Retreats
*Physical and mental exercises
*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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7:05p, 9/13/21
Pop quiz: why is bitcoin "slow", or more specifically, why does a 10 minute window per mined block exist on Layer 1 bitcoin, and why not make it faster?

Bonus points if you can describe why having a 10 minute settlement on the base layer is a positive, not a negative.

All answers and guesses are acceptable. Won't be critical.
***
Coming soon:
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*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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LatinAggie1997
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In reply to administrative errors • 7:39p, 9/13/21
AG
administrative errors said:
Pop quiz: why is bitcoin "slow", or more specifically, why does a 10 minute window per mined block exist on Layer 1 bitcoin, and why not make it faster?

Bonus points if you can describe why having a 10 minute settlement on the base layer is a positive, not a negative.

All answers and guesses are acceptable. Won't be critical.


Some have tried to make it faster. It actually created problems iirc. 2nd layer solutions are better such as Lighting network for processing speed.

Bitcoin is a digital ledger. Having a slower settlement assists with the security and finality of the network, plus allows for mistakes to be canceled.


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badharambe
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9:25p, 9/13/21
AG
im always late to the game.
but heres hoping for a double.

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Done7
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In reply to badharambe • 9:40p, 9/13/21
Hoping for a pull back on AVAX. I had a small position at $15 and sold out at $45 thinking it was a top for Avax. I will get in if it retraces back down
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Philip J Fry
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In reply to administrative errors • 10:30p, 9/13/21
AG
Isn't it to make the computing power required more costly?
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lb1lb2
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7:24a, 9/14/21
AG
LatinAggie
Quick question- where do you do your research? I am a long term holder of BTC,ETH, and ADA. I want to learn more so I can trade other coins. I watch RealVision
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LatinAggie1997
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In reply to lb1lb2 • 8:37a, 9/14/21
AG
lb1lb2 said:
LatinAggie
Quick question- where do you do your research? I am a long term holder of BTC,ETH, and ADA. I want to learn more so I can trade other coins. I watch RealVision



1. I read every article that pops up under my Google banner which is daily. They pop up because my phone knows my search history and what I open. I get daily updates from CoinDesk, CoinTelegraph, Yahoo, Market Insider, Decrypt, CryptoBriefing, etc.. My phone inundate me with any article on crypto.
2. I subscribe to some YouTube channels. Mostly the ones that discuss current events and different tokens. Altcoin Daily, Digital asset news, Coin Bureau, BitBoy, Cheeky Crypto, etc.
3. I follow specific protocols on social media whether it be YouTube or Twitter. The best up to date information comes from their own websites and social media. Charles Hoskinson, IOHK, ADA180, Cardano Foundation, Vitalik, Harmony Protocol,....most Twitter dealing with BTC and crypto...just have to cipher through the crap.
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MRB10
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8:52a, 9/14/21
AG
CryptoPro has a decent article aggregation feature as well. I use it to track my portfolio and it'll let me pick between the following…

"Show me all crypto news"
"Show me crypto news articles that reference coins in my portfolio"
"Show me crypto news articles that reference coins in my favorites/watchlist"
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lb1lb2
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9:00a, 9/14/21
AG
Thank you for the info.

I read and listen to everything I can find from Raoul Pal
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LatinAggie1997
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In reply to lb1lb2 • 9:04a, 9/14/21
AG
U Related (YouTube) always has him on...I watch it for him and Michael Saylor.
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administrative errors
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9:34a, 9/14/21


About to disclose which currencies are securities or not live

Edit: he avoided answering directly.
***
Coming soon:
AE Ventures - sooner than soon
*Psychedelic Retreats
*Physical and mental exercises
*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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LatinAggie1997
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In reply to administrative errors • 9:41a, 9/14/21
AG
administrative errors said:


About to disclose which currencies are securities or not live
.


These cracks me up. Most folks don't know enough about crypto to discuss it on a fundamental level let alone on a technical one.

How is Congress, the SEC, DOJ, Fed Reserve, etc. going to use security laws and mentality on digital assets? They can't. Until they start with a new approach that begins with the purpose and foundations of crypto they'll never be on the correct page. It is a separate class and should be researched and treated as such. New laws and regulations specific to digital assets are needed and not trying to force digital assets into existing channels.
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In reply to LatinAggie1997 • 10:23a, 9/14/21
I suffered listening to Hagerty talk in this discussion, **** man...

Then I remember this:
https://www.nngroup.com/articles/computer-skill-levels/

[Couldn't decide between angry or sad emoji...]
***
Coming soon:
AE Ventures - sooner than soon
*Psychedelic Retreats
*Physical and mental exercises
*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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LatinAggie1997
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In reply to administrative errors • 10:34a, 9/14/21
AG
Interesting read. Sums up how I see it and that is largely because I am in the group of computer/tech illiterates. I have an advantage because I know what I don't know and always seek to learn. I'll never be able to create code or understand cryptography but I read about those that can and what they think. I also always try to find dissenting opinions from experts to see where, how, and why, they think differently, whether it be on a technical aspect or a forecast.
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Brian Earl Spilner
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10:36a, 9/14/21
AG
Eth
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LatinAggie1997
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10:37a, 9/14/21
AG
Solana having stability issues.


https://cryptobriefing.com/solana-intermittent-instability-arbitrum-suffers-outage/
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