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Cryptocurrency mega-thread

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Pancakes said:
If you want to live the dream and buy lambo from $20, you gotta find some shitcoin
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Yes, absolutely

Pancakes said:
that is currently 1/10000 of a cent and will someday pump to the moon. The problem is we are all looking for that same coin.
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No, that's not how it works. You need to look at market cap and market cap only. The price of the coin is irrelevant as it's just total supply divided by the market cap.

Edit: unless it's inflationary/deflationary of course, but that's not going to have a huge impact short-mid term for the bigger projects.

The MC will show you a coin's greatest potential. Anything over $1b you could expect a 5-10x over the next couple of years, unless it suddenly goes parabolic.

Shitcoins with a sub-$10m MC is where it's at, unless you want to go full risky business and scour around for those sub $100k mc gems. Those are the ones where if you put $20 you could end up with $10-$20k or more but you'd best know what you're doing otherwise it's no different than buying lotto tickets.
 
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Bostonian said:
SHIB could be adopted by something in gaming or gambling as a payment type due to it's profile and away it goes.
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If DOGE hasn’t managed that in nearly 8 years, what makes you think SHIB will ever gain any adoption further than being a meme and hype machine? I’m almost certain that DOGE will still be around next bull cycle as it has stood the test of time, but no other memecoin has lasted beyond one cycle.
 
The Dice Man said:
It kinda looks like a buy at the moment too. (short term)
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It definitely is, I think this case gets settled before the end of the year still. They have the CEO of a publicly listed crypto company getting involved now, the SEC does not have the public on their side and never will with this case (I’m guessing they know it too). As Brian said, the SEC is meant to help the public, not make life harder and provide confusing regulations.
 
BACCS said:
It definitely is, I think this case gets settled before the end of the year still. They have the CEO of a publicly listed crypto company getting involved now, the SEC does not have the public on their side and never will with this case (I’m guessing they know it too). As Brian said, the SEC is meant to help the public, not make life harder and provide confusing regulations.
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Ive got a few hundred to move into something today and it's on the list. Hard to find a good buy this morning as almost everything is up and into overbought territory.
 

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BACCS said:
If DOGE hasn’t managed that in nearly 8 years, what makes you think SHIB will ever gain any adoption further than being a meme and hype machine? I’m almost certain that DOGE will still be around next bull cycle as it has stood the test of time, but no other memecoin has lasted beyond one cycle.
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Because DOGE was doing nothing development wise for years and was rudderless.

SHIB for now still has a creator and developers working on it.
 
The Dice Man said:
Ive got a few hundred to move into something today and it's on the list. Hard to find a good buy this morning as almost everything is up and into overbought territory.
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CAKE is still lagging behind a bit. That's one i'm watching as it's been moving sideways for around a month now.
 
bzparkes said:
Especially when the first 2 ETFs they approved were for future's contracts. That stuffs mostly for institutional investing, average Joe retail investors will get rekt.
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Add in that crazy fossil who is talking about taxing unrealised capitals gains (for the megawealthy she says) and it's brewing to a gunfight over there.
Bostonian said:
CAKE is still lagging behind a bit. That's one i'm watching as it's been moving sideways for around a month now.
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Been watching Cake too for 3 or 4 weeks... Had that and SUshi on my radar but Cake has barely moved.
 

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Pancakes said:
ADA still makes up almost 50% of my portfolio.
It has become the poster boy for stablecoins lately.
Watching everything pump, and ADA crab makes me hope for an ADA day soon.
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December is more likely to see ADA pick up again.

Their peer reviewed bollocks slows down releases of projects.
 
Pancakes said:
ADA still makes up almost 50% of my portfolio.
It has become the poster boy for stablecoins lately.
Watching everything pump, and ADA crab makes me hope for an ADA day soon.
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What are peoples expectations on ADA before end of year?
 

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