I bought my son about 14 million Shiba Inu the other day. It's supposed to top out in 2030, so if it does, he's set. That's about $120 worth. We'll see what happens.
Doge was one of the very first alt coins (next to BTC, LTC etc), has build a large community over the years, miners etc. Doge just got lucky this year, with being hyped to the moon.
How many hyped coins from 2013 or 2017 lost over 99% and never recovered? Compare that to the amount of tokens that "survived"?
Even promosing coins/tokens died, and those had an actual use case.
Wasn't ment to bash you or anything. But ask anyone that has held crypto for years.... tokens like Shiba don't last that many years.
I agree with the above. Feathercoin is an even older and more 'serious' LTC clone than Dogecoin and last I checked is worthless/unused. These new tokens are for short term gains/scams - ie, create it or get in when it's practically zero and bail when it's multiplied enough.
Long term you're more likely to make money with $120 in bitcoin than one of the thousands of tokens, or $30 in four different established coins, including BTC, ETH, and maybe even Doge.
It's not necessarily about usefulness in crypto, more like what catches people's ear. The promo, the buzz, and no particular reasons for a lot of coin to generate a wave. It's a perception, that's why Doge came back, a pump and dump by Elon Musk. Shib givaway from Buterin fueled it's latest rise. Try to get a leg up on anything but BTC is just hit or miss. There is serious and there is playing.
It's not necessarily about usefulness in crypto, more like what catches people's ear. The promo, the buzz, and no particular reasons for a lot of coin to generate a wave. It's a perception, that's why Doge came back, a pump and dump by Elon Musk. Shib givaway from Buterin fueled it's latest rise. Try to get a leg up on anything but BTC is just hit or miss. There is serious and there is playing.
Sure, crypto can be wild. But you're talking about 2030.... How many tokens/coins have managed to stay relavent for a period of 9 years? Just a very few.
Somehow a cheap Doge rip-off is going to be added to that list? I just think those odds are extremely small. Every bull run there's going to be new hypes.
Ever hodl-ed through multiple bear markets? The first thing I've learned and a mistake I'll never make again - becoming a bag holder of alt coins during a bear market.
Sure, crypto can be wild. But you're talking about 2030.... How many tokens/coins have managed to stay relavent for a period of 9 years? Just a very few.
Somehow a cheap Doge rip-off is going to be added to that list? I just think those odds are extremely small. Every bull run there's going to be new hypes.
Ever hodl-ed through multiple bear markets? The first thing I've learned and a mistake I'll never make again - becoming a bag holder of alt coins during a bear market.
Naturally, if Shib goes somewhere I will dump it. Not really waiting until 2030, there might not be a world here anymore, we might be underwater.
Check out Chia. I know the graph looks bad, but it is because the price exploded at the beginning, as there was barely and supply when the trading started (expected price at launch was $20, but it exploded to $1600).
It is the crypto currency with most full nodes running (about 350k) and developing fast.
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I have no idea why so many people are still bullish on ADA. When their fake ass "smart contracts" platform launches in 9 days or whatever it is, people are going to be super disappointed in how limited it is and all the shit it can't do.
Good time to sell ADA right now and buy SOL.
Also, buying just to hold is old school. Find tokens with good yield farming, lending, and staking options!
I have no idea why so many people are still bullish on ADA. When their fake ass "smart contracts" platform launches in 9 days or whatever it is, people are going to be super disappointed in how limited it is and all the shit it can't do.
Good time to sell ADA right now and buy SOL.
Also, buying just to hold is old school. Find tokens with good yield farming, lending, and staking options!
if you want to talk about "fake ass" then why not explain how the "DE" in DeFi actually means CE as in centralized
“If you think tough men are dangerous, wait until you see what weak men are capable of.”
—Jordan B. Peterson
So the Cardano team, lead by Charles, has supposedly spent six years now developing their platform. They launch smart contract integration in the next week or so. This is supposed to be a huge deal, if you believe the hype. Smart contracts on ADA will take the ecosystem to a whole new level, and this should be bullish news, right?
Here's the problem: DEXes and dApps build on Cardano can only have one TX per block. They have not yet fixed this problem, despite insisting that they are rolling out smart contract integration next week. How can you have smart contracts if each application can only have 1 TX per block?! It's not possible. It means every successful transaction will be accompanied by hundreds of others that fail, pissing all those people off.
I suppose they still have time to fix this before next week, but if they haven't solved it in 6 years, how will they do it now, that quickly?
As usual in crypto and financial markets: buy the rumor, sell the news. If you rode ADA up to all time highs on the hype, it may not be a bad idea to look into selling it, or at least taking some profits, before the smart contracts go live. My expectation is there will be an initial run up on the announcement, followed by a significant dip after people realize it doesn't do what other L1's and EVMs can do.
SOL, on the other hand. Holy shit they are building out a great UX and they have more money than god on that team. I have no vested interest in them other than being casual friends with SBF, but I think they are going to do big things.
Still think ETH is king though, especially once gas prices eventually start coming down.
if you want to talk about "fake ass" then why not explain how the "DE" in DeFi actually means CE as in centralized
Wut?
What exactly is centralized about DeFi? Sure, there are plenty of companies, exchanges, and platforms claiming to have decentralized products that really aren't, but the vast majority are truly decentralized if you know what you're doing and where to look.
Obviously organizations like Stacks, building "DeFi" functionality on top of the BTC chain, are not decentralized, but DeFi generally refers to dApps and DEXes build on Ethereum, BSC, Solana, Polygon, etc.
Nothing here is going to beat HBAR. Remember, you read it here first. Get smart or get left behind.
HBAR is an absolute must buy for sure. I doubt they will take off too big on the consumer side of things, but they definitely have the enterprise dapp development game on lock it seems. Their governing council is full of the top companies in the world.
I'm bullish on the token, but the tech is too centralized. It's a great concept though, and it will go far.
Here's the problem: DEXes and dApps build on Cardano can only have one TX per block. They have not yet fixed this problem, despite insisting that they are rolling out smart contract integration next week. How can you have smart contracts if each application can only have 1 TX per block?! It's not possible. It means every successful transaction will be accompanied by hundreds of others that fail, pissing all those people off.
LOL. To continue on the above discussion, it seems Charles' solution is for each dApp builder to create their own centralized L2 rollup solution. This is not good for ADA.
LOL. To continue on the above discussion, it seems Charles' solution is for each dApp builder to create their own centralized L2 rollup solution. This is not good for ADA.
Im bullish on Cardano long-term. It will solve some issues ETH dealing with
Im bullish on Cardano long-term. It will solve some issues ETH dealing with
This might help you understand:
Hey dude, I totally get why ADA is so popular *in theory* but have you looked at the technical side of any of this and how feasible it really is? I mean, come on, Charles' solution is individual centralized roll ups. How is that a protocol level solution? It's not. I'm not trying to shit on your parade or anything, I'm just legitimately concerned that the house of cards could come crashing down. ADA's bull run isn't justified by the tech. That being said, fundamentals rarely dictate price anymore, so if the bagholders and fanbois are strong, they can defeat even the biggest bears and criticisms. Good luck!
Check out DX Sale for new coins coming out and get the presale. Tons of rug pulls but if you do the research there's a few good projects in there. When they pump after the launch it's a good idea to pull out.
Oh come on, there's no organized FUD campaign. The absolute failure of smart contract roll out is just funny, so a lot of people are giving them shit about it.
On the other hand, you're absolutely right about Algorand. I've been working with their core team on a project recently and they have some of the smartest people in the space on their team, and a truly amazing product.
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