Latin America gonna go big on the Shib.
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BTC dominance broke to the upside out of a falling wedge.Geez, I wake up and BTC is nearly back to 37k overnight! The El Salvador news definitely having an impact now. It outperformed all major alts by a fair way too.
Okay, it is somewhat more legitimate. But not to the extent some would want you to believe. That's why celebrities and whales can manipulate it so easily.
And you just have to look at the new wave of crypto influencers coming through. It's all about memecoins and pump and dumps. That's not going to change. It gets more eyes and money coming through, sure. But it's not a good thing long term for the product as a whole because it dictates a certain direction.
It's all well and good to blindly say just hold and all will be fine. It's probably true. But there are still big problems with crypto as a product that haven't been answered.
Yep, have seen a major shift to people being bullish on the fundamentals of legitimate projects now, which is great for the space. Solana is getting massively talked up on TikTok this week, where normally memecoins are the rage.Meme coins have dropped off considerably since they got dumped on and utterly wrecked.
There's very little talk of them in any of the platforms I follow compared to pre the last crash.
So many other countries are wanting to get in on the action too, Tonga looks like it could be next. This is the type of legitimacy the space needs so that Tweets from influencers like Elon no longer have an impact.BTC dominance broke to the upside out of a falling wedge.
The El Salvador news is probably the most bullish adoption news for BTC I've seen. Far bigger than Elon.
Yep, have seen a major shift to people being bullish on the fundamentals of legitimate projects now, which is great for the space. Solana is getting massively talked up on TikTok this week, where normally memecoins are the rage.
Haven’t got in it yet, but it’s absolutely the next coin i will be investing in. Love the platform they are building and I think it can coexist alongside Ethereum.Solana will be a top 5 coin by the end of the year easy. And top 3 coin within 2 years
Would have to be due to the parachain auction on Polkadot coming up this month. DOT is starting to perform better as a result too, good time to be in both.It's a good day to be a KSM holder...
Would have to be due to the parachain auction on Polkadot coming up this month. DOT is starting to perform better as a result too, good time to be in both.
Oh ok, so if this goes well then it bodes well for DOT? Why is the KSM price about 10 times that of DOT if it is only the testing platform?Nah, it's due to KSM just running their parachain auction.
Everything goes through KSM now before it gets to DOT.
That's what KSM is, DOTs testing platform.
Good lead going forward for how DOTs might go in the future though.
KSM marketcap = $5BilWhy is the KSM price about 10 times that of DOT if it is only the testing platform?
Yeah cool, I understand how market caps work. The price of KSM is hugely inflated if it is just a testing platform for DOT, so I’m just trying to understand the differences between each.KSM marketcap = $5Bil
DOT MC = $26Bil
plain black leather oneWhat wallets are people using?
I knew you'd be into leather.plain black leather one
Are you referring to hard wallets or exchanges?What wallets are people using?
Both hard wallets and soft wallets. I assume nobody is keeping their money on exchanges for any serious length of time.Are you referring to hard wallets or exchanges?
I’ll be keeping mine on exchanges until the true bear market is here. However, this isn’t 2016 anymore, the security on exchanges these days is using similar tech to those for soft/hard wallets. A lot are also insured now in case of a hack. Keep to the big exchanges and you’ll be fine.Both hard wallets and soft wallets. I assume nobody is keeping their money on exchanges for any serious length of time.
I'm not sure you fully understand then...Yeah cool, I understand how market caps work. The price of KSM is hugely inflated if it is just a testing platform for DOT, so I’m just trying to understand the differences between each.