Cryptocurrency megathread V2 - Gas Fees Galore

[MilesAbove]

Well, gang... going to bed. Crossing my fingers that VET is at 30 cents when I wake up.

You've now forced me to root against you because I need to sure up my VET position after a dip.

 

[Rob Battisti]

You've now forced me to root against you because I need to sure up my VET position after a dip.

 

[TeTe]

Some big ETH buyers recently

 

[Henry Swanson]

Some big ETH buyers recently

I’m actually averaging in daily instead of weekly on ETH now. I figure take my weekly allotment and break it up over 7 days to take advantage of averaging even more. My exchange doesn’t charge fees so I just get charged the spread which is the same whether I by 10 dollars worth or 100 dollars worth.

 

[MilesAbove]

ADA officially became my second-largest position in the last week. It's held its surpassing of BTC by 0.4% at the start of the week. VET moves ahead of LTC.

 

[Rob Battisti]

ADA officially became my second-largest position in the last week. It's held its surpassing of BTC by 0.4% at the start of the week. VET moves ahead of LTC.

with ADA moving down 12% this week I’m assuming you went pretty big on buying the dip. That confident in ADA to make it #2?

 

[Cole train]

Man ADA dipping

Goodbye oligarch dreams

 

[MilesAbove]

with ADA moving down 12% this week I’m assuming you went pretty big on buying the dip. That confident in ADA to make it #2?

I am always into leveling in/out. ADA made a big move and was up much higher than BTC for parts of the week, and settled back to even.

I am big on ADA, but as you can see I'm also not a maximalist for any coin. RVN should be outside the Top-3. I took it on a lark, but bought the majority of my position at $0.021 so.... now I look smart for it. I believe ADA will have a place. Whether it's #2 or #10, it'll be around.

 

[TeTe]

Uniswap up 21 percent in the past 24 hours.

 

[Rob Battisti]

Man ADA dipping

Goodbye oligarch dreams

We can ALGO there together, my friend.

I am always into leveling in/out. ADA made a big move and was up much higher than BTC for parts of the week, and settled back to even.

I am big on ADA, but as you can see I'm also not a maximalist for any coin. RVN should be outside the Top-3. I took it on a lark, but bought the majority of my position at $0.021 so.... now I look smart for it. I believe ADA will have a place. Whether it's #2 or #10, it'll be around.

Nice find with RVN! I am a little leery of ADA. From what I’ve seen, it looks like more hype than sustainable tech as opposed to an ALGO. Not that they both can’t exist, but at similar price points, I feel like ALGO is the better HODL.

 

[MilesAbove]

Nice find with RVN! I am a little leery of ADA. From what I’ve seen, it looks like more hype than sustainable tech as opposed to an ALGO. Not that they both can’t exist, but at similar price points, I feel like ALGO is the better HODL.

It's 100% fair to be wary of any coin; but most of the concerns are reactions to the ADA cult. And I get it. The cult is annoying. They're like the Conor-fanboys of cryptocurrency sometimes. There just seems to be polarized ideals and ideas of the coin. Mostly what I see is scalable opportunity and strong connections to onboarding into industries, which provides steady growth.

But again, I'm a 10-years-out guy. It can hang around $1.05 for the next 2-3 years. I'm fine with that.

Man ADA dipping

Goodbye oligarch dreams

Why would it not dip? It's dipping off highs and bouncing off the half-channel support. If it falls below $1 again, which is unlikely in this current run, then it's a dream buy.

 

[Henry Swanson]

We can ALGO there together.

or

you can ALGO fuck yourselves.

 

[MilesAbove]

We can ALGO there together.

or

you can ALGO fuck yourselves.

"Where we go one, we algo." confirmed ALGO is qanon level madness.

It's gonna become a cult for sure.

 

[Cole train]

We were not born on the same day

But we will all go bankrupt on the same day

 

[MilesAbove]

We were not born on the same day

But we will all go bankrupt on the same day

I'm only in trouble if the crypto AND silver go to zero the same day.

 

[Henry Swanson]

I'm only in trouble if the crypto AND silver go to zero the same day.

You still buying silver regularly?

 

[MilesAbove]

You still buying silver regularly?

Absolutely. Long term it is solid. Until 2023 it's a strong buy for me. Even if it takes some dives on it's way the decade-out prospect is quality (and still affordable for retailers like myself).

 

[Rob Battisti]

Is this article bullshit?

https://cointelegraph.com/news/want...mited-supply-cap-means-you-only-need-0-01-btc

 

[MilesAbove]

Is this article bullshit?

https://cointelegraph.com/news/want...mited-supply-cap-means-you-only-need-0-01-btc

The key to the entire article being whatever is.... "meaning holders MIGHT only need 0.01 BTC " and "This is equivalent to being a millionaire today, at least in terms of the percentage ownership of the total Bitcoin supply."

Is is possible? Yes. There is a series of events involving this coin that could mean you only need 0.01 to be "filthy rich" but only "in a way" and not "in fact" unless all the dominos fall the way that would allow that to be objectively true.

 

[Rob Battisti]

The key to the entire article being whatever is.... "meaning holders MIGHT only need 0.01 BTC " and "This is equivalent to being a millionaire today, at least in terms of the percentage ownership of the total Bitcoin supply."

Is is possible? Yes. There is a series of events involving this coin that could mean you only need 0.01 to be "filthy rich" but only "in a way" and not "in fact" unless all the dominos fall the way that would allow that to be objectively true.

Soooo you’re saying there’s a chance!

I currently hold NO BTC. I can afford .01 so I may just have to do it!