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Is anyone else starting to become a bit excited?

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    #3662
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    the masses imo still feel crypto is a scam, i wonder is it just down to its naming "crypto currency", people who dont understand think its just a ponzi and thats the general impression I get from the majority i speak to

    i thought when revolut started offering it, it might get some others into it, but not yet seen it yet in my circle


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    #3663
    makeorbrake
    Registered Users Posts: 4,664 ✭✭✭makeorbrake


    Lex Luthor wrote: »
    the masses imo still feel crypto is a scam, i wonder is it just down to its naming "crypto currency", people who dont understand think its just a ponzi and thats the general impression I get from the majority i speak to
    For sure they do. That's what the mass media has told them from the day that they first ever heard of it. Notice how many articles there are that refers to a 'bitcoin scam'. Yet when you break it down, the only element of it being a 'bitcoin scam' is that the scoundrels behind the scam have used bitcoin as the mechanism to get paid out. You don't see articles referring to 'cash scams' even though billions more scams are worked with cash as the payment method.

    New things can be scary to the herd. In the early days of the interweb, there were shock horror articles about all the negative stuff that it was enabling - such as illicit p0rn, internet scams, etc.

    This is all the more reason why having it there and readily available to them makes them far more likely to use it if a need arises. Once they break their duck on it, it becomes far less scary. At that point, if an online vendor offers a discount on a crypto payment versus credit card (due to the fees the vendor has to absorb), then they may be more inclined to use it. They are also more likely to become more curious as to what advantages it offers them.
    Lex Luthor wrote: »
    i thought when revolut started offering it, it might get some others into it, but not yet seen it yet in my circle
    I'm sure Revolut has helped somewhat but that's just 8 million users and of course they have a watered down implementation too. CashApp is showing growth on the back of it - so there's traction to be had for sure.


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    #3664
    jimmii
    Registered Users Posts: 14,810 ✭✭✭✭jimmii


    Rightly or wrongly the common person trusts the PayPal name and it's obviously going to be a lot more familiar to them than anything in the crypto market currently and I think a lot of people who have heard of that bitcoin thing will be more tempted to put some money in knowing they can do it on pp.


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    #3665
    Arrival
    Closed Accounts Posts: 779 ✭✭✭Arrival


    Hopefully if PP and Venmo do offer it they actually physically buy the coins and don't just go with derivatives like Robinhood and Revolut, it won't do much for the value otherwise


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    #3666
    makeorbrake
    Registered Users Posts: 4,664 ✭✭✭makeorbrake


    Arrival wrote: »
    Hopefully if PP and Venmo do offer it they actually physically buy the coins and don't just go with derivatives like Robinhood and Revolut, it won't do much for the value otherwise

    That's why I always thought the Revolut offering was cringeworthy. It was better than nothing but still almost pointless. A bit like having a Ferrari with no engine in it. Hopefully PP feel the need to at least match CashApp's offering.


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    #3667
    Truckermal
    Registered Users Posts: 6,048 ✭✭✭Truckermal


    Lend still doing well along with Link and ERD which I purchased when it dumped..


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    #3668
    Blowheads
    Registered Users Posts: 429 ✭✭Blowheads


    Truckermal wrote: »
    Lend still doing well along with Link and ERD which I purchased when it dumped..

    What platform you trading on for these?


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    #3669
    Truckermal
    Registered Users Posts: 6,048 ✭✭✭Truckermal


    Blowheads wrote: »
    What platform you trading on for these?

    Binance..


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    #3670
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    Truckermal wrote: »
    Lend still doing well along with Link and ERD which I purchased when it dumped..

    LEND ran up a fair bit the other day, I had bought in at 1446 sats and sold off about 30% around 1725 sats and then waited. Everything tanked so I have just been sitting on it since and watched it all the way down to 1300'ish sats, but nice recovery now

    a while ago I would have sold off panicking but I've gotten thick skin since getting into crypto and you need a strong hand

    to be fair the LINK pump was coming, yesterdays announcement was all over Twitter for the last few weeks and I think BSN goes live on July 31st

    Its huge news for LINK though, but feel they have bigger to come


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    #3671
    Truckermal
    Registered Users Posts: 6,048 ✭✭✭Truckermal


    Link still gaining nice and slow!


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    #3672
    jimmii
    Registered Users Posts: 14,810 ✭✭✭✭jimmii


    Truckermal wrote: »
    Link still gaining nice and slow!

    Slowly going up while most things are going down if everything was green I would imagine link would still be flying. Hopefully we see a few more days of this the sooner it breaks 5 the better.


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    #3673
    Donegal1234
    Registered Users Posts: 522 ✭✭✭Donegal1234


    Coinbase added compound to Coinbase earn yesterday. Seems most people are on wait list . Was anybody on here Able complete it.

    For newbies Coinbase earn literally. gives free crypto for watching educational videos. No catches

    https://www.coinbase.com/earn


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    #3674
    q85dw7osi4lebg
    Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Stacked a whopper amount of corn this morning, not sure about anyone else but I've managed to stack more in lockdown than any other time.


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    #3675
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    there is a documentary coming next week on Discovery Science and it will feature $DGRN Dragonchain. Could be some nice gains from it. Its on KuCoin exchange


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    #3676
    Tango One
    Registered Users Posts: 793 ✭✭✭Tango One


    Lex Luthor wrote: »
    there is a documentary coming next week on Discovery Science and it will feature $DGRN Dragonchain. Could be some nice gains from it. Its on KuCoin exchange

    Up 41%


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    #3677
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    Tango One wrote: »
    Up 41%

    That was quick


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    #3678
    FFVII
    Registered Users Posts: 1,382 ✭✭✭FFVII


    https://dailyhodl.com/2020/06/29/little-known-crypto-asset-far-outperforms-bitcoin-btc-surging-5000-since-april-2019-heres-why/amp/


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    #3679
    makeorbrake
    Registered Users Posts: 4,664 ✭✭✭makeorbrake


    FFVII wrote: »
    https://dailyhodl.com/2020/06/29/little-known-crypto-asset-far-outperforms-bitcoin-btc-surging-5000-since-april-2019-heres-why/amp/
    Compound, Maker, 0x, Balancer, Synthetix.....it's not alt season, it's DeFi season :-D

    In 2017/8, we had the ICO boom/bust...maybe we're headed for a DeFi boom n bust next...


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    #3680
    Bob24
    Registered Users Posts: 10,905 ✭✭✭✭Bob24


    I see CRO and CEL have been booming as well, which can provide yield on centralised crypto lending platforms.

    Yes, basically finance on the blockchain is on fire.

    The rise does look over exuberant, but I do thing it is a legit and major application for cryptos/blockchain, not all of thee tokens/platforms are smoke and mirrors.


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    #3681
    makeorbrake
    Registered Users Posts: 4,664 ✭✭✭makeorbrake


    Bob24 wrote: »
    The rise does look over exuberant, but I do thing it is a legit and major application for cryptos/blockchain, not all of thee tokens/platforms are smoke and mirrors.
    Something really tangible to come out of it ultimately for sure. However, it doesn't mean that people won't get burnt through over exuberance and hacks, etc. - as these offerings are only as good as the smart contracts behind them. A bit of time needed to iron out the creases.

    If they can get things bedded down where just about anything is tokenised seamlessly and safely, I won't care about the friction of getting $ in/out of crypto/blockchain any longer. It won't be coming out!


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    #3682
    SteelyDanJalapeno
    Registered Users Posts: 14,243 ✭✭✭✭SteelyDanJalapeno


    maninasia wrote: »
    Pro tip for traders

    Follow the crypto upcoming news. Most crypto investors don't even know what's coming up more than one week in advance.

    https://coindar.org/en/search?type=0&text=&start=2020-06-17&end=2024-06-17&tags=&hot=0&rp=0&fav=0&coins=&cap_from=0&cap_to=600000000000&vol_from=0&vol_to=300000000000&ex=&sort=0&order=0

    https://coinmarketcal.com/en/

    Can see a few juicy ones coming soon.

    Augur V2.0
    Cardano Shelley hard fork and staking
    IOTA has some big improvements coming June and July and they are on track as I follow them

    I made good returns on kyber network because I simply checked their roadmap for up to two months ahead. Some of the teams will give good hints on Twitter as well.

    Cheers for the heads up, bought some Cardano on the back of this, +20% since your post


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    #3683
    SteelyDanJalapeno
    Registered Users Posts: 14,243 ✭✭✭✭SteelyDanJalapeno


    maninasia wrote: »
    Pro tip for traders

    Follow the crypto upcoming news. Most crypto investors don't even know what's coming up more than one week in advance.

    https://coindar.org/en/search?type=0&text=&start=2020-06-17&end=2024-06-17&tags=&hot=0&rp=0&fav=0&coins=&cap_from=0&cap_to=600000000000&vol_from=0&vol_to=300000000000&ex=&sort=0&order=0

    https://coinmarketcal.com/en/

    Can see a few juicy ones coming soon.

    Augur V2.0
    Cardano Shelley hard fork and staking
    IOTA has some big improvements coming June and July and they are on track as I follow them

    I made good returns on kyber network because I simply checked their roadmap for up to two months ahead. Some of the teams will give good hints on Twitter as well.

    Cheers for the heads up, bought some Cardano on the back of this, +20% since your post


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    #3684
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    I think the entire month of July will be bullish for $ADA, i've got an average entry of 4c so long may it continue


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    #3685
    Truckermal
    Registered Users Posts: 6,048 ✭✭✭Truckermal


    Lex Luthor wrote: »
    I think the entire month of July will be bullish for $ADA, i've got an average entry of 4c so long may it continue

    Lend doing well too along with SNX but on very few exchanges..

    Is Lend still worth dipping into?


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    #3686
    Somecrimesitry
    Registered Users Posts: 101 ✭✭Somecrimesitry


    The Cardano Virtual Summit starts today, all ADA holders out there should at least tune into the main keynotes. There will be a lot of price pumping news and roadmap updates coming out today & tomorrow.

    Hell even if people have no interest in Cardano there will be lots of blockchain talks and discussions for general crypto heads. It's a free event but you do have to sign up for it:

    Cardano Summit (starts in about 3 hours)
    https://www.ubivent.com/register/cardanovirtualsummit

    Agenda
    https://cardanosummit.iohk.io/images/virtual-summit-agenda.pdf


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    #3687
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    Truckermal wrote: »
    Lend doing well too along with SNX but on very few exchanges..

    Is Lend still worth dipping into?

    I still have some LEND, avg holding of 1519 sats which I am starting to scale out of if it hits 1750. I'll hold 25% of it though as I feel it still has a bit to go


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    #3688
    Truckermal
    Registered Users Posts: 6,048 ✭✭✭Truckermal


    Dipped into Ada earlier, made 200 quid and sold again...:D


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    #3689
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    going to take a shot at $REP, Augur 2.0 coming soon


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    #3690
    Somecrimesitry
    Registered Users Posts: 101 ✭✭Somecrimesitry


    The Cardano virtual summit is both really cool and a bit weird at the same time. I think I like it???

    They fully captured the summit or expo experience...I've had a few beers, eaten some garbage food and then I missed an important presentation while watching some guy doing calligraphy:)

    Some tasty announcements so far are that governance is ready to ship alongside decentralisation & staking. No one expected this, Voltaire was meant to be the final piece of the current roadmap. There will be a mobile app for the community to engage in voting.

    A $20m fund with Wave Financial for defi / dapps...lots of ETH devs will want in
    A separate community fund from the treasury voted on by the community
    Native assets live within 120 days
    Smart contracts live within 150 days

    So far it's been pretty good.


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    #3691
    cnocbui
    Registered Users Posts: 19,866 ✭✭✭✭cnocbui


    VILNIUS (Reuters) - Lithuania is about to issue the first central bank-produced digital coin in the euro zone, part of a project to trial state-backed digital currencies and blockchain technology in everyday use.

    The sharp decline in the use of cash and the prospect of Facebook (NASDAQ:FB)'s 2.5 billion users adopting its currency Libra has led central banks to examine how they can issue their own forms of digital currency.

    Twenty-four thousand digital tokens dubbed LBCOINs and based on blockchain technology will go on pre-sale next week, each with an attached portrait of one of the 20 people who signed Lithuania's declaration of independence in 1918.
    https://www.investing.com/news/technology-news/lithuania-dabbles-in-cryptocoin-as-central-banks-look-for-ways-to-fend-off-facebook-2218689


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