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Doge is still interesting.
I put 50 dollars into it. If it goes bonkers, great, if not, no big deal.Would not touch here.
Beyond BTC and Ethereum, I like Chainlink, Yearn.Finance, Cardano, and Algorand
I think I'm going to put a decent amount into doge, Elon has the midas touch.You were right about that. He tweeted today and it went up 50%. Let's see if it cools off.
Do you use Coinbase? That is what I use but have been thinking of switching. Binance gives 8-10% for staking.I own Algorand because I can stake it and make 6%. Which makes for a hell of a savings account.
Do you use Coinbase? That is what I use but have been thinking of switching. Binance gives 8-10% for staking.
Do you use Coinbase? That is what I use but have been thinking of switching. Binance gives 8-10% for staking.
I bought some Cardano on Binance a few days ago and it is up. It is a very interesting project... even though there is a lot of clickbait out there associated with it as an "ETH KILLER"I should clarify, I’ve had a problem with Coinbase, they don’t have smaller tokens available. Cardano, VEChain, etc. That’s been a real pain.
Are you using regular Binance or Binance.us? Regular binance doesn't work in USAI've been waiting on Binance to verify my account for 3 weeks now.
Took them 2 weeks to reply to one of my messages. I took my money to crypto.com and then moved on from there.I've been waiting on Binance to verify my account for 3 weeks now.
5% chance of going bonkers.I put 50 dollars into it. If it goes bonkers, great, if not, no big deal.
remind me to hold onto egld, I rode it up a lil way, then watched it flatten out, and watched it some more, then got back into bitcoin and egld shot up again...sometimes it's difficult to have patience in crypto when you see other different coins shoot up daily. I'm back into it egld now5% chance of going bonkers.
95% chance of going to $.03ish first
Crypto.com you can and binance and binance.usYou can't even buy egld anywhere, can you?
the value of the underlying asset can drop too, so the net result could still be a loss.I own Algorand because I can stake it and make 6%. Which makes for a hell of a savings account.
the value of the underlying asset can drop too, so the net result could still be a loss.
Bitcoin and Ethereum are becoming household names which has to be good for their long-term prospects and adoption.Yep. I still believe in it. Just not as much as Bitcoin or ETH.
Bitcoin and Ethereum are becoming household names which has to be good for their long-term prospects and adoption.
You're in a much smaller camp.Adoption for what? It's speculation let's be serious about it. See Gamespot.
You're in a much smaller camp.
Adoption for what? It's speculation let's be serious about it. See Gamespot.
Gamestop was a week. Bitcoin has been around for a decade and relevant for years. They aren’t even close to the same things.
Blockchain is a distributed digital ledger. Through cryptography and decentralization, blockchain technology has the properties of permanence, transparency, and neutrality. Many companies have adopted blockchain tech to manage supply chains and for transactions and international transactions.Bitcoin is going to overtake the gold and the dollar and the government. Just like retail traders via Gamespot were going to overtake the hedge funds and Wall Street and the rich.
Is that your play?
If not, could you explain what adoption is going to take place?
Bitcoin is 1st, and it has a place, but I don't think it will end up being the mainstream adoption.Bitcoin is going to overtake the gold and the dollar and the government. Just like retail traders via Gamespot were going to overtake the hedge funds and Wall Street and the rich.
Is that your play?
If not, could you explain what adoption is going to take place?
Blockchain is a distributed digital ledger. Through cryptography and decentralization, blockchain technology has the properties of permanence, transparency, and neutrality. Many companies have adopted blockchain tech to manage supply chains and for transactions and international transactions.
Ethereum, for one, is a blockchain technology that allows for smart contracts. Smart contracts are just programs for transparent self executing transactions. There are lots of interesting applications built using the Ethereum blockchain and smart contract. When you make transactions on the Ethereum blockchain, you burn ether.
A quick Google search showed there tons of different companies using it in some fashion...
JPMorgan Chase announced that it had successfully tested an experimental digital token known as JPM Coin for transferring international payments as cryptocurrency between some of its corporate clients. According to JPMorgan, the network used is a private version of the popular Ethereum blockchain.
American Express has also used the Hyperledger fabric to create a blockchain-based rewards network. The idea is that consumers are able to make purchases that net them "points," which are essentially logged in token form on the blockchain. Not only does utilizing blockchain virtually eliminate the loss and error associated with paper-based reward programs, but it should help keep users loyal to specific businesses operating this ledger.
It’s all pretty fascinating.. definitely speculative but it’s not tulips or retail meme stocks
Investors do.Do you believe the banks and the US government really want more "permanence, transparency, and neutrality" in their operations?
Gamestop has been around for longer than a decade and has been relevant for years.
Speculation is speculation, whether it takes a week or a decade.
Whether one believes in bitcoin or cryptocurrency or not, I think you're doing yourself a disservice by not at least having some exposure to it in any portfolio.
Right now, I'm buying dogecoin because of its popularity among millennials and zoomers. It's been trending off and on on twitter for more than a week. I was worried initially because it went up so much percentage wise so fast and then dropped that people would be discouraged by it and panic sell. It seems to have stabilized (obviously, this can change) but I'll be putting more into this and bitcoin over the coming paychecks so that I have a mixture of crypto and traditional stocks.
Dogecoin was created as a joke. That's why Musk keeps memeing it.
It's your money, do what you want, but there are actual projects that have utility.
It's your money. Buy something useless at the top if you want.I'm aware of the origin. I'm also aware it's up almost 450% in 2 weeks.