Cryptocurrency mega-thread

[Ghost Patrol]

FET will hit $10 before XRP does

 

[Evolved1]

You'll need minimum 100k BTC for XRP to hit $10 imo.

 

[BACCS]

C’mon man you’re naive, not dumb, we’ve been over this before. I accumulated XRP over a couple year period and sold it for a six figure profit during that 2017 bull run that you’re now telling me I didn’t pay attention to. Stop with the snarky comments.

I’ve also taken the time to post in this thread about previous XRP history and why former lawsuits had absolutely no effect on the medium to long price of XRP once they were resolved. Those posts aren’t for my benefit, they’re for yours, as I’ve held XRP through all of these situations before.

The court case isn’t a magical suppressant that’s holding down a tightly coiled XRP price that’s just waiting on the outcome to spring forth and surge 680%. It will be a blip on the radar at most, and beyond that the only chance XRP has of hitting $10 is widespread adoption by financial institutions, which they’ve been trying and failing to do for the last 5 years.

I am not naive on what happens with XRP if the SEC case settles, you're underestimating the impact this is having on the price. Not being listed on major exchanges like Coinbase makes it very hard for the average investor to get into XRP; this changes soon. I understand why you're skeptical on the XRP price given its history, but the only way price stays below $10 (a mere 2x from its previous ATH) this cycle is if something bad happens with the SEC case. Only time will tell, but whatever happens I'm already double my initial investment.

The XRP given to Jedd McCaleb (which he then typically sells in large quantities) is almost over as well; that hasn't helped price either.

 

[BACCS]

You'll need minimum 100k BTC for XRP to hit $10 imo.

Absolutely, and both will happen. Don't see BTC going much over 100K though before a sharp correction.

 

[Evolved1]

I am not naive on what happens with XRP if the SEC case settles, you're underestimating the impact this is having on the price. Not being listed on major exchanges like Coinbase makes it very hard for the average investor to get into XRP; this changes soon. I understand why you're skeptical on the XRP price given its history, but the only way price stays below $10 (a mere 2x from its previous ATH) this cycle is if something bad happens with the SEC case. Only time will tell, but whatever happens I'm already double my initial investment.

The XRP given to Jedd McCaleb (which he then typically sells in large quantities) is almost over as well; that hasn't helped price either.

XRP's ATH is $3.40 according to coingecko.

 

[Evolved1]

Absolutely, and both will happen. Don't see BTC going much over 100K though before a sharp correction.

Looks like a double top cycle is high probability, as several analysts were predicting before the dump from 65k. If we do hit 100k, shitcoins will moon. That's when we all get rich.

 

[Pugz89]

XRP's ATH is $3.40 according to coingecko.

USD. Converted into AUD is about $4.60ish. I assume Baccs means $10AUD.

 

[The Dice Man]

Who talks in AUD terms? Weirdos.

 

[The Dice Man]

There's a Bitboy fanboi or 2 here right? Anyone pick up on the ADAX patnership?

 

[BACCS]

XRP's ATH is $3.40 according to coingecko.

Sorry, talking AUD, probably should clarify that. A 3x from its previous ATH in USD.

 

[BACCS]

There's a Bitboy fanboi or 2 here right? Anyone pick up on the ADAX patnership?

I haven't, but I listen to his videos while doing other things, so sometimes only paying half attention. What is ADAX?

 

[BACCS]

Who talks in AUD terms? Weirdos.

It's a higher number though

 

[FRUMPY]

It's a higher number though [emoji14]

Yeah more money [emoji2957][emoji1787]

Sent from my CPH2005 using Tapatalk

 

[BACCS]

SEC going after UniSwap now

https://www.reuters.com/legal/litig...change-developer-uniswap-labs-wsj-2021-09-03/

 

[The Dice Man]

I haven't, but I listen to his videos while doing other things, so sometimes only paying half attention. What is ADAX?

A dex on the ADA network..(or it will be, hopefully)

ADAX is an automated liquidity protocol that facilitates trades within the Cardano ecosystem completely decentralized and non-custodial. The platform is built to lower the cost of transactions and shorten the network transaction, hence designed without order books.

DYOR,.

 

[beez]

Absolutely, and both will happen. Don't see BTC going much over 100K though before a sharp correction.

Give me reasoning for 100k then a sharp correction. Analytics or general sentiment will do.

 

[BACCS]

Give me reasoning for 100k then a sharp correction. Analytics or general sentiment will do.

I’m more leaning to general sentiment. 100k will be a big psychological barrier to pass and would put the majority of investors in good profit. I can see a major sell off triggered as people take profits.

However, there is also a technical indicator (2 year MA x 5) that has historically triggered a sell off within 3-4 weeks once passed in previous bull cycles. This is currently sitting at 109k, so maybe price gets to 130-150k and then the sell off occurs. Easy indicator to add on TradingView for those interested.

 

[Ghost Patrol]

A dex on the ADA network..(or it will be, hopefully)

ADAX is an automated liquidity protocol that facilitates trades within the Cardano ecosystem completely decentralized and non-custodial. The platform is built to lower the cost of transactions and shorten the network transaction, hence designed without order books.

DYOR,.

FET has done a similar app for uniswap and pancakeswap

Fetch Network

fetch.ai

 

[Evolved1]

I'm considering becoming a FTX maxi. Bags of SOL, FTT, and SRM seem sufficient.

Does anyone have suggestions for low risk/high reward low cap gems?

 

[The Dice Man]

I'm considering becoming a FTX maxi. Bags of SOL, FTT, and SRM seem sufficient.

Does anyone have suggestions for low risk/high reward low cap gems?

Maybe have a look into ADAX.. Still early.

Anyone else holding FTM? Finally broke through it's 93c barrier and smashed it out of the park. I had a bit but loaded up more earlier in the week after selling a portion of CKB and RSR.

 

[LongBombFromOutside50]

Maybe have a look into ADAX.. Still early.

Anyone else holding FTM? Finally broke through it's 93c barrier and smashed it out of the park. I had a bit but loaded up more earlier in the week after selling a portion of CKB and RSR.

Yeah I've got a small position in FTM

 

[LongBombFromOutside50]

I'm considering becoming a FTX maxi. Bags of SOL, FTT, and SRM seem sufficient.

Does anyone have suggestions for low risk/high reward low cap gems?

Probably missing RAY from that list (an AMM). SOL, FTT, SRM and RAY would be the biggest coins with SBF's backing I think

 

[Bostonian]

I'm thinking of putting some more money into yearn.finance.

This thing has a larger ATH than BTC and at present is sitting around the 39k mark from it's ATH of 91k.

I put some money into it the other day when it was in the 37k range.

Up to 43k now. Just been slowly creeping up. 6k upward movement and yet its rarely spoken of.

 

[Bostonian]

I'm considering becoming a FTX maxi. Bags of SOL, FTT, and SRM seem sufficient.

Does anyone have suggestions for low risk/high reward low cap gems?

Welcome to the gang.

I'd keep an eye on what Alameda Research (alameda-research.com) is funding/investing in.

That lets you know what they see potential in.

 

[Bostonian]

I'd also be adding Arweave to a SOL portfolio. It's not built on SOL but SOL uses it for storing their data on so the bigger SOL gets, the flow onto Arweave could be huge. Big Partnership that one.