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Is anyone else starting to become a bit excited?

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Comments

  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Used binance for the first time today as NEO not available on kraken

    Not the worst but I found kraken a simpler platform


  • Registered Users, Registered Users 2 Posts: 126 ✭✭themossinator


    Dohnjoe wrote: »
    Not sure why that guy is being singled out. All crypto coins and tokens are "printed" (most exchanges have their own native token). Whether they are worth anything is up to the secondary market that speculates on them.

    you can't print bitcoin


  • Registered Users, Registered Users 2 Posts: 19,029 ✭✭✭✭Dohnjoe


    you can't print bitcoin

    That's pretty much what happened.

    It's estimated Satoshi (or whomever created BTC) has a million of them.

    Just depends on how generous the creator is, whether they keep a portion for themselves, lock it up as part of development goals for the team as a whole, give a "fair chance" to the public via some sort of mining mechanism (many have a pre-mine), etc

    Most exchanges now have their own tokens, I'm not sure why that would mark the owner of Binance out as particularly shady


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Dohnjoe wrote: »
    That's pretty much what happened.

    1. Precisely.

    2. If consensus (and by "consensus" I mean "Blockstream") agreed to it 21m would become 210m overnight and that's something that has been talked about ad infinitum by the Blockstream devs.

    21m is not not as set in stone as people think and the people who should be trusted least are in charge of that change. Which is quite funny.


  • Registered Users, Registered Users 2 Posts: 222 ✭✭GodlikeRed


    grindle wrote: »
    1. Precisely.

    2. If consensus (and by "consensus" I mean "Blockstream") agreed to it 21m would become 210m overnight and that's something that has been talked about ad infinitum by the Blockstream devs.

    21m is not not as set in stone as people think and the people who should be trusted least are in charge of that change. Which is quite funny.
    ll.
    It doesn't say 21 million coins in the code - the release schedule of the coins adds up to 21 million.

    The total real value of the network wouldn't change if they increased the supply x10

    The 21 million coins is pretty much arbitrary as the smallest unit of a BTC is 0.00000001 BTC.


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  • Registered Users, Registered Users 2 Posts: 222 ✭✭GodlikeRed


    Dohnjoe wrote: »
    That's pretty much what happened.

    It's estimated Satoshi (or whomever created BTC) has a million of them.

    Just depends on how generous the creator is, whether they keep a portion for themselves, lock it up as part of development goals for the team as a whole, give a "fair chance" to the public via some sort of mining mechanism (many have a pre-mine), etc

    Most exchanges now have their own tokens, I'm not sure why that would mark the owner of Binance out as particularly shady

    Satoshi mined the BTC at the beginning.
    Nothing was printed.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    GodlikeRed wrote: »
    ll.
    The total real value of the network wouldn't change if they increased the supply x10
    What is this? I'm grand with it being some ****coin base-layer entry-point for the time being, but it's no Monero. If coins can be tainted it's not as malleable.
    It's 2020, I really wish BTC wasn't the leader of shítcoins. :pac:
    GodlikeRed wrote: »
    Satoshi mined the BTC at the beginning.
    Nothing was printed.

    Needless pedantry? Whomever it is or was has 5% of the money unless they're dead. Which is fine imo, but it's there and it's theirs.


  • Registered Users, Registered Users 2 Posts: 126 ✭✭themossinator


    grindle wrote: »
    What is this? I'm grand with it being some ****coin base-layer entry-point for the time being, but it's no Monero. If coins can be tainted it's not as malleable.
    It's 2020, I really wish BTC wasn't the leader of shítcoins. :pac:


    Needless pedantry? Whomever it is or was has 5% of the money unless they're dead. Which is fine imo, but it's there and it's theirs.

    There's bitcoin and then there's everything else - that will never change despite how heavy your ****coin bags (and mine) are


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    So because it was first and the ticker is infallible we should welcome Greg, LukeJR and Adam Back as the leaders of the NWO? I'd trust Trump before those scaldy yokes.

    The point of it was to start something. Something to grow from and build upon. Satoshi didn't want people married to a ticker. It's kinda weird.


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Nice to see green all round today after last week....

    LINK looks really good

    Started staking NEO aswell today...

    Onwards & upwards


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  • Registered Users, Registered Users 2 Posts: 14,810 ✭✭✭✭jimmii


    Link is definitely fun to own! It's the proper crypto rollercoaster like btc of old!


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Think that’s the end of the pre halving dip

    Tomorrow is going to probably be like today if not better

    NEO is gonna moon, massive whale activity on it last week with huge buy orders


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Taking everything I have off Binance, just saying

    something I heard about their domain name potentially being removed


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    It looks like DOW could be going to have another red day, not sure how that will affect crypto


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    hmmm: Chainlink parnership with Google & Microsoft
    explains the pump in the last 24hrs

    Also, ban lifted in India on crypto, this is massive.


  • Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    Lex Luthor wrote: »
    hmmm: Chainlink parnership with Google & Microsoft
    explains the pump in the last 24hrs

    Also, ban lifted in India on crypto, this is massive.

    What partnership with Google and Microsoft?


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    What partnership with Google and Microsoft?

    It’s pure speculation at the moment, possible news to be confirmed


  • Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Lex Luthor wrote: »
    hmmm: Chainlink parnership with Google & Microsoft


    Bitcoin can't partnership with Google or Microsoft :cool:


  • Registered Users, Registered Users 2 Posts: 2,760 ✭✭✭stockshares


    What partnership with Google and Microsoft?

    https://www.coindesk.com/microsoft-ey-and-consensys-present-new-way-for-big-biz-to-use-public-ethereum?amp=1&__twitter_impression=true

    "It’s time for big business to embrace the public chain – as a coordination tool, rather than as a place to carry out large-scale financial transactions.

    That’s the view of a trio of heavy hitters in the enterprise blockchain space: EY, ConsenSys and Microsoft."


    "The Baseline Protocol code will be released later this month and a technical steering committee is also being formed which includes EY, Microsoft, Splunk, ConsenSys, MakerDAO, Duke University, ChainLink, Unibright, Envision Blockchain, Neocova, Core Convergence, Provide and W3BCloud"


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    picked up some Tezos yesterday @ €2.66, this could have more legs

    LINK looks over valued at the moment, setting my stop loss now as I'm fearful of a retracement today


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  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    With the BTC halving approaching what are peoples thoughts?

    Looking at it historically on the past 2, we should see gains after the halving, but my gut feeling tells me otherwise this time around. The greed & fear index is going to bounce around like a yo yo this year trying to flush out any weak hands and there is going to be a lot of manipulation playing on that

    I think we will have to wait until 2021 before we see anything north of $10,500-$11,000


  • Registered Users, Registered Users 2 Posts: 24,777 ✭✭✭✭lawred2


    https://www.coindesk.com/microsoft-ey-and-consensys-present-new-way-for-big-biz-to-use-public-ethereum?amp=1&__twitter_impression=true

    "It’s time for big business to embrace the public chain – as a coordination tool, rather than as a place to carry out large-scale financial transactions.

    That’s the view of a trio of heavy hitters in the enterprise blockchain space: EY, ConsenSys and Microsoft."


    "The Baseline Protocol code will be released later this month and a technical steering committee is also being formed which includes EY, Microsoft, Splunk, ConsenSys, MakerDAO, Duke University, ChainLink, Unibright, Envision Blockchain, Neocova, Core Convergence, Provide and W3BCloud"

    So as a coordination tool? And not a monetary system..

    So where is the utility value in these tokens? Or any of these tokens for that matter?


  • Registered Users, Registered Users 2 Posts: 14,810 ✭✭✭✭jimmii


    Lex Luthor wrote: »
    With the BTC halving approaching what are peoples thoughts?

    Looking at it historically on the past 2, we should see gains after the halving, but my gut feeling tells me otherwise this time around. The greed & fear index is going to bounce around like a yo yo this year trying to flush out any weak hands and there is going to be a lot of manipulation playing on that

    I think we will have to wait until 2021 before we see anything north of $10,500-$11,000

    I agree can't see it causing much of a run. If anything I think it's just been priced in slowly over the last couple of months. Having said that I think we could see it within that range this year still.


  • Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    I think we could see a 20% drop from here prior to the halving or just after, but reckon we'll start marching up towards $14,000 before the year is out.


  • Registered Users, Registered Users 2 Posts: 24,777 ✭✭✭✭lawred2


    Lex Luthor wrote: »
    Think that’s the end of the pre halving dip

    Tomorrow is going to probably be like today if not better

    NEO is gonna moon, massive whale activity on it last week with huge buy orders

    did this happen?


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    lawred2 wrote: »
    did this happen?

    NEO is a long term hold


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    I think we could see a 20% drop from here prior to the halving or just after, but reckon we'll start marching up towards $14,000 before the year is out.

    20% drop would see it go below the 20 Week MA

    If that were to happen it wouldnt be a good scenario


  • Registered Users, Registered Users 2 Posts: 2,760 ✭✭✭stockshares


    This might be of interest.
    HTC to launch 5g Router capable of running a Bitcoin Node
    https://cointelegraph.com/news/htc-unveils-privacy-focused-5g-router-than-can-run-a-bitcoin-node


  • Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Lex Luthor wrote: »
    20% drop would see it go below the 20 Week MA

    If that were to happen it wouldnt be a good scenario

    I think it'll be a temporary scenario while miners dump to fund future mining until pricing catches up.


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  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    WazirX $WRX
    Volume since Thursday is off the charts

    Going long on this one, its peanuts at the moment

    $MATIC is another one that has huge upside

    Some news from France
    https://u.today/bitcoin-btc-now-qualified-as-legal-form-of-money-by-french-authorities

    All eyes on bitcoin at the moment, breakout imminent


This discussion has been closed.
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