ZeroThreat wrote: » Swissborg had a little pull back, I haven't put any money into defi cryptos yet. Would you consider this a good one, or has it risen too quickly to where it is even now? I'll have to check into this one further in the meantime, is the fallout from wirecard affecting its future prospects I wonder..
el diablo wrote: » Nice. I got in around $0.30 (a relatively small amount though) and haven't sold any. I'm just going to let it ride.
jimmii wrote: » Doge? Tiktok happened to it. Theres a few telling their followers how they're going to pump it to $1 so get your $25 on there now and it will be worth $10k. It's like an introduction to get rich quick schemes for gen z. Could be profitable but who knows how far they can take it and I'm guessing the people behind it have stacked up big and when they decide to get out could tumble pretty quickly.
mdmix wrote: » what typically happens when all these start to pop, will bitcoin hold or get dragged down slightly?
Lex Luthor wrote: » Hopefully Bitcoin dominance drops but keeps it’s price Ideal scenario
ZeroThreat wrote: » I think that's what happened during the previous bubble. Bitcoin was something like $15k?, but had about 1/3 of the total cap.
mdmix wrote: » Just trying to figure out, when things start to pop, should you move everything back to bitcoin straight away or use a stable coin while there is still turbulence.
Lex Luthor wrote: » Look at Doges chart going back There are loads of examples of pump n dumps But it’s timing is nearly always coincided with the start of alt seasons
cherrytaz wrote: » I'm in LINK since .20 and it's very tempting to sell now but also to let it do its thing i.e. keep mooning. This stuff is so temperamental..
ZeroThreat wrote: » Also, I noticed above that some people got in on LINK at $0.20-$0.30 and want to 'let it run' further. I'm not sure if they were round during previous cycles but perhaps it would be prudent to at least learn from the past and sell a portion in order to take some profits when you've at least gone 20-30 x.... :rolleyes:
el diablo wrote: » Yeah, I might take my original stake back on Chainlink and look to deposit in another potential moonshot.
Somecrimesitry wrote: » Cardano is working on offering all of it's features for use by the PoW blockchains that are willing to implement Cardano NiPoPoWs (https://nipopows.com). For little effort or development cost the PoW blockchains would gain the ability to use Cardano smart contracts, voting, oracle pools, etc and in return ADA holders would get rewards / Tx fees in the PoW cryptos:eek:
makeorbrake wrote: » This is interesting - although I'm struggling to get my head round it properly. If the gen 1 PoW coins generally have a store of value/means of exchange use case, why the need to send them to the cardano network and 'wrap' them? I know this is being done in the ETH-centric DeFi space. However, all I see it doing is bringing liquidity to DeFi. What other purpose does it serve? How would it differ in the case of Cardano? I'm a firm believer that there will be category leaders who will survive once this whole wave of innovation finally settles. But with that, is it not a case of choosing the blockchain/token for the specific purpose one has in mind? So I guess I'm saying if you want smart contracting ability, then isn't it a case of not going near Bitcoin and weighing up Cardano against Ethereum and other smart contract ready projects? Lets take the example that Hoskinson gave - the potential for a link-up with Litecoin. I can see what that would do for Cardano. I don't see what it does for Litecoin. Might such a move not be more symptomatic of the fact that Litecoin has no real world use case (or has failed to capture one)?? If so, why even bother with Litecoin to begin with - and just use Cardano natively? I guess what I struggle with - with this stuff - is working this out to real world examples that can be demonstrated to add tangible value.
Somecrimesitry wrote: » As you say LTC is pretty much useless, people should own BTC not LTC but it still has almost a $3b market cap.
Somecrimesitry wrote: » The current best model for older chains to use smart contracts / DeFi on ETH is very expensive, what Cardano does differently is that it lets assets like wrapped LTC behave like ADA on chain. So LTC users wanting to use smart contracts or DeFi don't need to own any ADA to do so, they would use wrapped LTC and pay any fees in wrapped LTC. This makes Cardano's method much cheaper for LTC users as they don't need to pay transaction fees in ADA or ETH.
Somecrimesitry wrote: » BTC is probably the only crypto today that can get away with been an expensive, environmentally damaging one trick pony, everyone else has to science the **** out of it to have any hope of long term usage.
makeorbrake wrote: » For sure, there's a whole lot of value locked up in a few other coins that have not done anything. How long is it going to take for this to come to a head once and for all? I guess I was pondering why the need as if smart contracts was what was sought after, then why not go native with Cardano, Tezos, Eth, etc. I suppose if you already happen to be in BTC already and then want that additional functionality... Or is it that some will prefer to stay in BTC as a store of value whilst accessing the extended features that ADA will have to offer? I more or less agree. Every project needs to find it's unique angle or else do much better to challenge the current leader in whatever category that's being targeted. It's a small point but being a one trick pony (maybe 2 through layer 2 solutions...we'll have to see) is seen as being an advantage. Much less complexity in the code - so less to go wrong. On the cost of the network, I think there's space for one PoW network albeit that for the most part, it's a buyer of last resort of energy (and that usually means renewable energy also...albeit no matter if it's otherwise going to waste anyway). DeFi I've been watching with interest but staying on the sidelines - as it's the opposite...i.e. in move fast and break things mode. No doubt it will settle at some point (whether that also means that it stays within the Ethereum domain, we'll have to see). Listened to Hoskinson being interviewed recently and he said that the claim that Eth has the momentum and network effect is not relevant given the early stages we're at. With soundings this week that Ethereum 2.0 is being delayed further, he and Cardano may have a chance to close that gap. Interesting times ahead (as always).
Truckermal wrote: » Link after breaking €6.00.....:cool:
jimmii wrote: » In danger of cracking $7 soon! Tasty little spin this one.
