Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Can't wait until Elon gets on stage and goes WWE heel and shouts out XRP and Cardano
     
    letan, bertwing, user15000 and 5 others like this.
  2. Brocktoon

    Brocktoon Well-Known Member
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    every doge and Elon bsc shit coin are pumping hard right now. I'm 5-10x on almost every one
     
  3. PaulKemp

    PaulKemp Well-Known Member
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    Lol. Nice and congrats. Wish I have thought of that
     
  4. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Or Elon announces he's buying 51% of Gamestop
     
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  5. Brocktoon

    Brocktoon Well-Known Member
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    he's turning heel on Doge to go with Hoge
     
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  6. Brocktoon

    Brocktoon Well-Known Member
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    someone was describing how to bridge over there and it sounds like a pain in the ass. I did stock up on FTM tokens though, maybe I'll move over when eth gas prices go down
     
  7. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    I bridged USDC today after I got the FTM and it only cost the ETH gas and was less than a minute.
     
  8. Frankie Carbone

    Frankie Carbone eh che se dice
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    Does the over exaggerated hate of Elon bleed into this thread now
     
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  9. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Personally I think the idol worship of him is more what this thread makes fun of than hating him.
     
  10. Frankie Carbone

    Frankie Carbone eh che se dice
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    Fair enough
     
  11. user15000

    user15000 Well-Known Member

  12. —

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    offensive
     
  13. HuskerInMiami

    HuskerInMiami Well-Known Member
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    I’d sell my Doge before SNL if I had any.
     
  14. Tug

    Tug Well-Known Member
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    yeah but what did you sell your eth at?
     
  15. HuskerInMiami

    HuskerInMiami Well-Known Member
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    I sold and bought back at the same price (thank god). And I bought 2 extra ETH at 3200 as well. One was accidental though.
     
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  16. Whammy

    Whammy Look kids, Parliament!
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  17. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Once ETH gets some more cultists like this guy its over for BTC.
     
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  18. HuskerInMiami

    HuskerInMiami Well-Known Member
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    How do you explain ETH to people in three sentences or less? Or elevator pitch it.
     
  19. Whammy

    Whammy Look kids, Parliament!
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    The infrastructure of an entirely new economic system...or just finance if that’s too big of an idea
     
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  20. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    im not nearly invested in crypto world enough to catch that this was making fun of a saylor quote
     
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  21. Whammy

    Whammy Look kids, Parliament!
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  22. HuskerInMiami

    HuskerInMiami Well-Known Member
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    That’s basically how I explain it, but then they ask well how does it do it. I just say it takes out a lot of the human checks and balances and speeds up the processes while cutting out unnecessary expenses.
     
  23. Whammy

    Whammy Look kids, Parliament!
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    Yep - much has been made about Bitcoin’s most public acolyte ITT

     
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  24. Wendel Clark

    Wendel Clark Gambling God
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    Ive never started looking at it. I got my BTC stored away. But I just started with safe moon. I might start looking more soon
     
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  25. Whammy

    Whammy Look kids, Parliament!
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    Most transactions / contracts are just a rule set that can be programmed without human intervention as long as you can trust the data.

    Hence why I’m such a Chainlink bull...gun to my head, had to put it all in one coin and minimize risk it would be LINK
     
  26. user15000

    user15000 Well-Known Member

    Link is the least risky coin to you? On what time horizon?

    That’s a wild statement. As with most alts, I’ll be surprised if it exists in 5 years.
     
  27. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Do you even know what the intent of Chainlink is?
     
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  28. Whammy

    Whammy Look kids, Parliament!
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    By far the least risky, a bet on Chainlink is just a bet on Crypto as a sector. If you think Crypto will be successful, Link is the blue chip data provider for bringing off chain data on chain.

    BTC, ETH could all be replaced, but LINK is agnostic to coin and protocol

    Edit: time horizon is whatever you want it to be, it’s performance is already largely uncorrelated to BTC and all the large caps
     
    construxboy likes this.
  29. user15000

    user15000 Well-Known Member

    Data, smart contracts, decentralized oracles, abstraction layers, and other magical buzzwords.
    Safe to say I don’t think there is a world where btc and eth are “replaced” but Link is still chugging along. I’d entertain arguments that btc or eth are the least risky. And I’ll define risk as lost opportunity cost measured vs btc or eth. There is not a chance in hell that any predictive market would set link as a favorite to outperform either of those 2 over a 5-10+ period of time.
     
  30. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    You just don't know what any of them mean.
     
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  31. Whammy

    Whammy Look kids, Parliament!
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    Yeah I don’t think it will be the top performing coin, but I’m more confident it will be around in 10 years than I am BTC or ETH (for the record in confident both will still be around)
     
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  32. Wendel Clark

    Wendel Clark Gambling God
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    Wtf did Elon do for it to tank
     
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  33. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    He probaby had it set to sell off during his monologue like a true Bond villain. He even dressed like a Bond villain for it.
     
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  34. PaulKemp

    PaulKemp Well-Known Member
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    They all have websites, and they’re mostly dope AF. Major VC’s involved in low cap projects. Actual rockstar teams.

    Then you get down into the real sleazy stuff on BSC where a new 12 year old becomes a millionaire off his $20/week allowance every 5 minutes.

    You’d have a lot of fun over here imo. It’s a bull run until it’s not
     
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  35. —

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    Did elon kill it?
     
  36. Brocktoon

    Brocktoon Well-Known Member
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    if by it, you mean Doge's chances at $1. Then yes, he did
     
  37. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Man called it a hustle on National television
     
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  38. Brocktoon

    Brocktoon Well-Known Member
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    His fan boys still won't believe it. Told my brother in law last night to sell at some point today, but he legit thinks it's the next bitcoin
     
    toddzo likes this.
  39. —

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  40. ashy larry

    ashy larry from ashy to classy
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    sorry about your doggy coins losers
     
  41. user15000

    user15000 Well-Known Member

    I don’t think Elon did anything last night to kill doge. I also won’t celebrate people who bought it recently being down 30+%.

    Just seems like a classic “sell the news” event. I think it’s more shameful that the Winklevii sent out super positive Doge emails this week from Gemini encouraging people to buy it. I’m more convinced than ever that those dudes were just right time right place idiots.
     
  42. HuskerInMiami

    HuskerInMiami Well-Known Member
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    I am now 1/100 in my predictions.
     
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  43. Brocktoon

    Brocktoon Well-Known Member
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    Problem was he hyped up his fan base all week like he was going to do something big. Shiba blew up because he tweeted a picture and everyone thought there was going to be a crypto skit. Instead they got one joke during the monologue and 60 seconds on Weekend Update. Like with everything he does, reality never matches the hype

    Looks like the huge Doge wallets didn't really sell much yesterday. That top one lost like $14 billion in value since yesterday
     
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  44. user15000

    user15000 Well-Known Member

    Hell it's back above 50 cents. For all I know, it'll be 70 cents by the end of this week.
     
  45. FourClover01

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    ADA breaking another ATH today, I think 2 dollars is imminent.
     
  46. Harrison Beck

    Harrison Beck Rut Roh maximalist
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  47. Whammy

    Whammy Look kids, Parliament!
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    He’s just fucking with everyone at this point
     
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  48. user15000

    user15000 Well-Known Member

  49. Frankie Carbone

    Frankie Carbone eh che se dice
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    This is 2 years too late
     
    Harrison Beck likes this.
  50. bertwing

    bertwing check out the nametag grandma
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