If literal scum like Hillary hate Bitcoin, I think I need to buy more.

30 minutes ago, Kz! said:

If literal scum like Hillary hate Bitcoin, I think I need to buy more.

Both Trump and Hillary hate it. Everyone should be for crypto if they understand it 

3 hours ago, mattmcginley7 said:

Ethereum is where the overwhelming majority of the developers are at. I'd expect Ethereum 2.0 at this point to launch and work just fine

I'll go ahead and follow the money and a higher return. 

Sam Bankman-Fried, the 29-year-old who heads the FTX exchange, said he believes solana is better than ethereum, as it's one of the few blockchains with a plan to accommodate mass adoption. 

Bankman-Fried has a net worth of $22.5 billion thanks to his crypto business, which makes him the youngest person to enter the Forbes 400 after Facebook boss Mark Zuckerberg.

He spoke at Yahoo Finance and Decrypt's Crypto Goes Mainstream conference on Tuesday about how the biggest upside of the solana network is its ability to handle an enormous number of users and transactions. 

Solana is a decentralized-finance peer-to-peer network that many have billed as an "ethereum killer" based on its quicker transaction speed and lower fees when compared to its larger rival. 

https://www.businessinsider.com/sam-bankman-fried-solana-ethereum-mass-adoption-crypto-ftx-2021-11?amp=

 

31 minutes ago, DaEagles4Life said:

I'll go ahead and follow the money and a higher return. 

Sam Bankman-Fried, the 29-year-old who heads the FTX exchange, said he believes solana is better than ethereum, as it's one of the few blockchains with a plan to accommodate mass adoption. 

Bankman-Fried has a net worth of $22.5 billion thanks to his crypto business, which makes him the youngest person to enter the Forbes 400 after Facebook boss Mark Zuckerberg.

He spoke at Yahoo Finance and Decrypt's Crypto Goes Mainstream conference on Tuesday about how the biggest upside of the solana network is its ability to handle an enormous number of users and transactions. 

Solana is a decentralized-finance peer-to-peer network that many have billed as an "ethereum killer" based on its quicker transaction speed and lower fees when compared to its larger rival. 

https://www.businessinsider.com/sam-bankman-fried-solana-ethereum-mass-adoption-crypto-ftx-2021-11?amp=

 

Lol 

12 minutes ago, mattmcginley7 said:

Lol 

Lol all around 

 

Solana-Based Sports Betting Protocol BetDEX Closes $21M Seed Funding Round

Crypto exchange FTX and crypto investment firm Paradigm led the raise, which included a number of prominent venture capital firms

https://www.coindesk.com/business/2021/11/17/solana-based-sports-betting-protocol-betdex-closes-21m-seed-funding-round/

Paradigm, a crypto VC firm founded in 2018 by Coinbase co-founder Fred Ehrsam and former Sequoia Capital partner Matt Huang, has closed its latest fund, and it’s a doozy. The firm announced a $2.5 billion venture fund, the largest crypto fund ever

https://techcrunch.com/2021/11/15/crypto-vc-firm-paradigm-debuts-monster-2-5-billion-fund/

 

Or from the other week

FTX, Lightspeed, Solana Ventures to Invest $100M in Web 3 Gaming

The initiative is one of the largest capital investments ever in the growing Web 3 gaming space. 

https://www.coindesk.com/business/2021/11/05/ftx-lightspeed-solana-ventures-to-invest-100m-in-web3-gaming/

I don't hate Solana at all. It works and is probably gonna make people money and I'm not against anyone investing in it unlike trash like Cardano, Ripple or meme coins. But arguing it's faster and that's where the money is are really poor arguments 

Solana seems more like a company than a crypto. Which might be fine for many use cases that really don't require any actual level of censorship resistance

But again, the actual money is in Ethereum and Ethereum is significantly more decentralized

1 minute ago, mattmcginley7 said:

I don't hate Solana at all. It works and is probably gonna make people money and I'm not against anyone investing in it unlike trash like Cardano, Ripple or meme coins. But arguing it's faster and that's where the money is are really poor arguments 

Solana seems more like a company than a crypto. Which might be fine for many use cases that really don't require any actual level of censorship resistance

But again, the actual money is in Ethereum and Ethereum is significantly more decentralized

What's wrong with Cardano?

1 minute ago, Paul852 said:

What's wrong with Cardano?

To date, it still doesn't have a single application. It hasn't even been able to implement smart contracts. That one is truly an idea rather than a working product. Maybe that will change eventually but there's better opportunities right now

Many of the big investors I respect don't touch it either

1 minute ago, mattmcginley7 said:

To date, it still doesn't have a single application. It hasn't even been able to implement smart contracts. That one is truly an idea rather than a working product. Maybe that will change eventually but there's better opportunities right now

Many of the big investors I respect don't touch it either

Interesting since I constantly see people suggesting it. What are the best opportunities out there? I think it's about time to join you guys. Could have had bitcoin at 5k instead of making fun of its dip.

11 minutes ago, Paul852 said:

Interesting since I constantly see people suggesting it. What are the best opportunities out there? I think it's about time to join you guys. Could have had bitcoin at 5k instead of making fun of its dip.

My favorites are Bitcoin and Ethereum still. To me, they are still very very clearly the most likely to succeed.

Solana is interesting and works.

RUNE is a brilliant idea that still needs time to figure it out but could provide big upside.

HEX as a smaller cap play I think is great, its protocol which is basically Proof of Stake Bitcoin is a good idea.

And PulseChain when it launches has  the most likely chance out of everything I mentioned to 100x still 

6 hours ago, Paul852 said:

What's wrong with Cardano?

Cardano should have never come out with smart contracts and just kept going with the hype. 

6 hours ago, Paul852 said:

Interesting since I constantly see people suggesting it. What are the best opportunities out there? I think it's about time to join you guys. Could have had bitcoin at 5k instead of making fun of its dip.

Depends if looking for a more safe play or hoping the coin does 100x

12 hours ago, DaEagles4Life said:

 

Depends if looking for a more safe play or hoping the coin does 100x

I'd be interested in investing in both scenarios.

4 minutes ago, Paul852 said:

I'd be interested in investing in both scenarios.

Safer bets in my opinion 

Luna - Token for a stablecoin

Sol - Layer1 that will compete with Eth

Avax - Another Layer1 

 

Higher Risk Plays

Trias - helps with smart contracts and mainnet is releasing next month

Tel - competing with Western Union to send remittance around the world via blockchain

Mana/Sand/VRA/Naka - Gaming and VR type coins 

Are a ton of other potential type coins as well but these have solid support from the crypto community 

Looks like the bottom is in. 

Respected name in the community 

 

 

Grayscale Says Metaverse Is a Trillion Dollar Market Opportunity

Revenue from virtual gaming worlds could grow to $400 billion in 2025.

https://www.coindesk.com/business/2021/11/25/grayscale-says-metaverse-is-a-trillion-dollar-market-opportunity/?s=09

 

Barry Silbert is the Founder of Grayscale or GBTC and he routinely talks about MANA and SAND. Follow the money 

 

 

On 11/25/2021 at 9:47 AM, DaEagles4Life said:

Grayscale Says Metaverse Is a Trillion Dollar Market Opportunity

Revenue from virtual gaming worlds could grow to $400 billion in 2025.

https://www.coindesk.com/business/2021/11/25/grayscale-says-metaverse-is-a-trillion-dollar-market-opportunity/?s=09

 

Barry Silbert is the Founder of Grayscale or GBTC and he routinely talks about MANA and SAND. Follow the money 

 

 

Both Ethereum based games. Interesting 

One of the most interesting properties about BTC and crypto in general is its lack of correlation with traditional markets. I think we might be seeing that property starting to break down a bit. Crypto got a ~10% hit on new Covid strain news alongside equities while gold went up. Something to keep an eye on.

1 minute ago, Toty said:

I think that's bound to happen with any currency as it becomes more widely adopted.

But remember there are layers of technological "infrastructure" underlying blockchain that are inextricably tied to market forces themselves, so as crypto grows that just becomes more and more the case. Just a simple example would be if raw materials for an ASIC mining chip manufacturer have a problem, coin values could be affected.

Right, but if one of its most appealing properties (from a portfolio construction perspective) is being diminished, that’s definitely something to keep an eye on. 

This same correlation was seen in Mar '20 and Oct '18. Probably more occurrences dating further back as well. Not all instances/periods of conventional market instability can spook crypto investors, but a subset of the instances have and will continue to do so.

On 11/26/2021 at 5:53 PM, we_gotta_believe said:

This same correlation was seen in Mar '20 and Oct '18. Probably more occurrences dating further back as well. Not all instances/periods of conventional market instability can spook crypto investors, but a subset of the instances have and will continue to do so.

The big stock market days Bitcoin seems to follow. But that's about it 

Good read 

 

2 hours ago, DaEagles4Life said:

Good read 

 

Not pricing in risk does not make a market more efficient. It makes it frothy. Liquidating leveraged longs in the face of increased risk is a good thing.

But it seems humans will never learn the lesson of leveraged risk, only the delight of leveraged reward.

Maybe Saylor's best explanation ever. Carlson is pretty much stunned finding out that Bitcoin is probably the most important thing happening in the world 

Anyone up for the fun?!