Current Events > Cryptocurrency General Thread

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HODL 04/23/21 1:41:01 PM #102:	BlazinBlue88 posted... I've sat on it since 2017. Good practical use, long term hodl, it just started popping in price within the last 2 months. Sweet. Thanks. --- https://youtu.be/9BbM0RjPgq0 <cite>HODL posted [p:953147958] in Cryptocurr... [t:79415919]...</cite> <quote>BlazinBlue88 posted...</cite> <quote> I've sat on it since 2017. Good practical use, long term hodl, it just started popping in price within the last 2 months. </quote> Sweet. Thanks.</quote> ... Copied to Clipboard!
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jon1012 04/24/21 3:18:46 PM #104:	Dat safemoon --- We are Borg. <cite>jon1012 posted [p:953183790] in Cryptocurr... [t:79415919]...</cite> <quote>Dat safemoon </quote> ... Copied to Clipboard!
TheMikh 04/24/21 3:37:37 PM #105:	Future_Trunks posted... holy fuck SOL is just killing it god damn @TheMikh if i could buy sol, dot, and avax on coinbase i'd probably own all three by now --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953184345] in Cryptocurr... [t:79415919]...</cite> <quote>Future_Trunks posted... </cite> <quote>holy fuck SOL is just killing it god damn @TheMikh</quote> if i could buy sol, dot, and avax on coinbase i'd probably own all three by now </quote> ... Copied to Clipboard!
LastTomorrow 04/24/21 3:55:41 PM #106:	Stellar Lumen --- Waffle, waffle, waffle <cite>LastTomorrow posted [p:953184872] in Cryptocurr... [t:79415919]...</cite> <quote>Stellar Lumen </quote> ... Copied to Clipboard!
Choco 04/24/21 7:05:56 PM #107:	so anyone know why that lil crash happened --- https://imgur.com/286sD4e http://error1355.com/ce/Choco.html <cite>Choco posted [p:953190322] in Cryptocurr... [t:79415919]...</cite> <quote>so anyone know why that lil crash happened </quote> ... Copied to Clipboard!
CookieMarvin 04/25/21 2:52:45 AM #108:	overleveraged traders. we saw like $15B in liquidations in three days --- https://imgur.com/C7kqqh4 <cite>CookieMarvin posted [p:953202522] in Cryptocurr... [t:79415919]...</cite> <quote>overleveraged traders. we saw like $15B in liquidations in three days </quote> ... Copied to Clipboard!
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jon1012 04/25/21 10:17:11 AM #110:	Tezos please rise --- We are Borg. <cite>jon1012 posted [p:953208478] in Cryptocurr... [t:79415919]...</cite> <quote>Tezos please rise </quote> ... Copied to Clipboard!
Kaliesto 04/25/21 10:20:39 AM #111:	Hi everyone, I will likely not be here anymore pretty soon as I'm closing my account which should be any day now as I'm waiting on the ticket to go through. if you wish to further discuss crypto either continue with this topic or create a new one. Good to know the good users here for years, but the bad users have overtaken gamefaqs, I'm done with this place. --- Gimme dat, gimme dat, gimme dat DramaFAQs-misterbum <cite>Kaliesto posted [p:953208555] in Cryptocurr... [t:79415919]...</cite> <quote>Hi everyone, I will likely not be here anymore pretty soon as I'm closing my account which should be any day now as I'm waiting on the ticket to go through. if you wish to further discuss crypto either continue with this topic or create a new one. Good to know the good users here for years, but the bad users have overtaken gamefaqs, I'm done with this place. </quote> ... Copied to Clipboard!
Orlando_Jordan 04/25/21 5:40:27 PM #112:	Crypto is over. Bitcoin fell to $47,700. Everything is tanking. Its over. --- "GameFAQs isn't going to be merged in with GameSpot or any other site. We're not going to strip out the soul of the site."-CJayC <cite>Orlando_Jordan posted [p:953221179] in Cryptocurr... [t:79415919]...</cite> <quote>Crypto is over. Bitcoin fell to $47,700. Everything is tanking. Its over. </quote> ... Copied to Clipboard!
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Kaliesto 04/25/21 5:42:16 PM #114:	Don't let this worry you too much, its mostly the rich people leaving with the money they got. This actually opens up the market for would-be investors. The tax sucks yes, but there is a flip-side thankfully. You just won't keep a million on you if you cash out. --- Gimme dat, gimme dat, gimme dat DramaFAQs-misterbum <cite>Kaliesto posted [p:953221230] in Cryptocurr... [t:79415919]...</cite> <quote>Don't let this worry you too much, its mostly the rich people leaving with the money they got. This actually opens up the market for would-be investors. The tax sucks yes, but there is a flip-side thankfully. You just won't keep a million on you if you cash out. </quote> ... Copied to Clipboard!
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TheMikh 04/25/21 7:20:24 PM #116:	Future_Trunks posted... ny thoughts on where we might be headed? that GRT i got when we last spoke is down 25% lol but SOL keeps steady for w/e reason my elementary TA suggested a significant breakout well above ath in mid-may, but the fact that the entire market is crashing has been a bit of a black swan development with respect to that projection. june unlock fud dissolution is another likely breakout point that has been raised, often compared to solana in that regard. all things equal though, grt breaking the 1.30 hard floor means it could search for a new floor as low as 1.04 prior to recovery, or dipping well below that in a worst case scenario - but should the latter happen i'll be setting all other investment prospects to the side and buying gratuitously. i must reiterate that this token's short term performance is a mess because its value at the moment is almost entirely driven by market psychology, but i'd like to have my hands on as much of it as i can afford before network query volume ramps up. --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953223936] in Cryptocurr... [t:79415919]...</cite> <quote>Future_Trunks posted... </cite> <quote>ny thoughts on where we might be headed? that GRT i got when we last spoke is down 25% lol but SOL keeps steady for w/e reason</quote> my elementary TA suggested a significant breakout well above ath in mid-may, but the fact that the entire market is crashing has been a bit of a black swan development with respect to that projection. june unlock fud dissolution is another likely breakout point that has been raised, often compared to solana in that regard. all things equal though, grt breaking the 1.30 hard floor means it could search for a new floor as low as 1.04 prior to recovery, or dipping well below that in a worst case scenario - but should the latter happen i'll be setting all other investment prospects to the side and buying gratuitously. i must reiterate that this token's short term performance is a mess because its value at the moment is almost entirely driven by market psychology, but i'd like to have my hands on as much of it as i can afford before network query volume ramps up. </quote> ... Copied to Clipboard!
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theAteam 04/25/21 7:47:53 PM #118:	How exactly does crypto get taxed if it's allegedly anonymous? --- Without the water you can't have the flame <cite>theAteam posted [p:953224719] in Cryptocurr... [t:79415919]...</cite> <quote>How exactly does crypto get taxed if it's allegedly anonymous? </quote> ... Copied to Clipboard!
TheMikh 04/25/21 8:25:03 PM #119:	Future_Trunks posted... if crypto does hit some new floors, i will try to buy more BTC and GRT as well. what do you mean june unlock fud? will early investors be selling off in june and it's being pumped right now for that dump? wonder if i should sell SOL now to capture some profits and maybe convert to GRT or something else @TheMikh if i liquidate another 20% from the rest of my portfolio, it will only be if GRT dips into the 0.80s or lower. i'm considering doubling my dollar cost averaging into it while it's crabbing in the 1.20s though. the "june unlock fud" refers to four billion tokens belonging to early stakeholders vesting / being unlocked, which has been misconstrued/misrepresented as 4 billion tokens being dumped on the open market. this has made many prospective buyers skittish. i don't hold solana but i've heard good things about it, and it's one of the few projects that were unaffected by the crash for some reason, so i can't in good conscience recommend selling or trading it in. --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953225925] in Cryptocurr... [t:79415919]...</cite> <quote>Future_Trunks posted... </cite> <quote>if crypto does hit some new floors, i will try to buy more BTC and GRT as well. what do you mean june unlock fud? will early investors be selling off in june and it's being pumped right now for that dump? wonder if i should sell SOL now to capture some profits and maybe convert to GRT or something else @TheMikh</quote> if i liquidate another 20% from the rest of my portfolio, it will only be if GRT dips into the 0.80s or lower. i'm considering doubling my dollar cost averaging into it while it's crabbing in the 1.20s though. the "june unlock fud" refers to four billion tokens belonging to early stakeholders vesting / being unlocked, which has been misconstrued/misrepresented as 4 billion tokens being dumped on the open market. this has made many prospective buyers skittish. i don't hold solana but i've heard good things about it, and it's one of the few projects that were unaffected by the crash for some reason, so i can't in good conscience recommend selling or trading it in. </quote> ... Copied to Clipboard!
TheMikh 04/25/21 8:30:18 PM #120:	theAteam posted... How exactly does crypto get taxed if it's allegedly anonymous? if it's not a zero-knowledge-proof-based crypto (e.g. monero) and wasn't obtained through mining, it's not anonymous; just pseudonymous. most crypto in this day and age is bought through exchanges subject to know-your-customer regulations, and which can be traced back to buyers through transaction histories. --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953226069] in Cryptocurr... [t:79415919]...</cite> <quote>theAteam posted... </cite> <quote>How exactly does crypto get taxed if it's allegedly anonymous?</quote> if it's not a zero-knowledge-proof-based crypto (e.g. monero) and wasn't obtained through mining, it's not anonymous; just pseudonymous. most crypto in this day and age is bought through exchanges subject to know-your-customer regulations, and which can be traced back to buyers through transaction histories. </quote> ... Copied to Clipboard!
CookieMarvin 04/25/21 10:22:51 PM #121:	Future_Trunks posted... SOL wtf sol looks nuts, Im thinking were gonna see a SOL ecosystem boom soon here like we did w uni and bsc Orlando_Jordan posted... Crypto is over. Bitcoin fell to $47,700. Everything is tanking. Its over. was this the literal bottom lmao --- https://imgur.com/C7kqqh4 <cite>CookieMarvin posted [p:953229292] in Cryptocurr... [t:79415919]...</cite> <quote>Future_Trunks posted... </cite> <quote>SOL wtf</quote>sol looks nuts, Im thinking were gonna see a SOL ecosystem boom soon here like we did w uni and bsc Orlando_Jordan posted... </cite> <quote>Crypto is over. Bitcoin fell to $47,700. Everything is tanking. Its over.</quote> was this the literal bottom lmao </quote> ... Copied to Clipboard!
SergeantGander 04/25/21 10:32:37 PM #122:	Rounded off my BAT and Algo stacks in that nice dip! --- LoL IGN: MsRaffensperger ~Dennis~ <cite>SergeantGander posted [p:953229563] in Cryptocurr... [t:79415919]...</cite> <quote>Rounded off my BAT and Algo stacks in that nice dip! </quote> ... Copied to Clipboard!
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Trumpo 04/25/21 11:28:35 PM #124:	I missed today's dip <cite>Trumpo posted [p:953231265] in Cryptocurr... [t:79415919]...</cite> <quote>I missed today's dip </quote> ... Copied to Clipboard!
Esrac 04/25/21 11:40:30 PM #125:	What happened to BAT earlier ? I wasn't able to watch it, but it looks like it kept bouncing up and down. Also, anyone have any thoughts on the BitTorrent currency? <cite>Esrac posted [p:953231603] in Cryptocurr... [t:79415919]...</cite> <quote>What happened to BAT earlier ? I wasn't able to watch it, but it looks like it kept bouncing up and down. Also, anyone have any thoughts on the BitTorrent currency? </quote> ... Copied to Clipboard!
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CookieMarvin 04/26/21 10:02:42 AM #128:	--- https://imgur.com/C7kqqh4 <cite>CookieMarvin posted [p:953241697] in Cryptocurr... [t:79415919]...</cite> <quote> </quote> ... Copied to Clipboard!
SergeantGander 04/26/21 10:05:38 AM #129:	Esrac posted... What happened to BAT earlier ? I wasn't able to watch it, but it looks like it kept bouncing up and down. Yea the chart from yesterday looked odd. I did notice that I've gotten more Brave ads this morning than the last few days. So I'm wondering if the team was making some minor adjustments somewhere --- LoL IGN: MsRaffensperger ~Dennis~ <cite>SergeantGander posted [p:953241767] in Cryptocurr... [t:79415919]...</cite> <quote>Esrac posted... </cite> <quote>What happened to BAT earlier ? I wasn't able to watch it, but it looks like it kept bouncing up and down. </quote> Yea the chart from yesterday looked odd. I did notice that I've gotten more Brave ads this morning than the last few days. So I'm wondering if the team was making some minor adjustments somewhere </quote> ... Copied to Clipboard!
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TheMikh 04/26/21 1:28:11 PM #131:	GRT migration of hosted subgraphs to the network kicked off today with two subgraphs added this morning (there had previously been only one since December). --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953248181] in Cryptocurr... [t:79415919]...</cite> <quote>GRT migration of hosted subgraphs to the network kicked off today with two subgraphs added this morning (there had previously been only one since December). </quote> ... Copied to Clipboard!
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TheMikh 04/26/21 2:06:08 PM #133:	Future_Trunks posted... what's this mean >_> particularly for price movement >_> Very little - for now. Marks the beginning of buying pressure coming from customers rather than just market psychology (and the PoolTogether subgraph). At current delegation APY and the current network query volume growth rate, monthly revenue ($) for a 5,000 token stake might look something like this after x months: Both rates may collapse (or the former might increase) for some reason or another, but what the next cycle or two might look like even at more conservative rates (e.g., 10-15%) is still very interesting to think about. Price action is far more difficult to estimate given the number of variables in the equation. The $0.00002 peg for queries means that at lower GRT prices and more on the market, more tokens will be bought as payment, much of which will be staked by indexers or delegators. As more is staked, less is readily available on the market which inevitably means rising token prices, though the dollar peg will mean less is needed for queries. This leads me to believe there will be a somewhat linear relationship between query volume and price. Not sure what the growth coefficient will be though. MATIC is moving, you got in at a good time lol Haven't bought MATIC yet, buying on the 1st. --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953249525] in Cryptocurr... [t:79415919]...</cite> <quote>Future_Trunks posted... </cite> <quote>what's this mean >_> particularly for price movement >_></quote> Very little - for now. Marks the beginning of buying pressure coming from customers rather than just market psychology (and the PoolTogether subgraph). At current delegation APY and the current network query volume growth rate, monthly revenue ($) for a 5,000 token stake might look something like this after x months: Both rates may collapse (or the former might increase) for some reason or another, but what the next cycle or two might look like even at more conservative rates (e.g., 10-15%) is still very interesting to think about. Price action is far more difficult to estimate given the number of variables in the equation. The $0.00002 peg for queries means that at lower GRT prices and more on the market, more tokens will be bought as payment, much of which will be staked by indexers or delegators. As more is staked, less is readily available on the market which inevitably means rising token prices, though the dollar peg will mean less is needed for queries. This leads me to believe there will be a somewhat linear relationship between query volume and price. Not sure what the growth coefficient will be though. <quote>MATIC is moving, you got in at a good time lol</quote>Haven't bought MATIC yet, buying on the 1st. </quote> ... Copied to Clipboard!
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What_ 04/26/21 2:45:02 PM #135:	My cloak is randomly pumping <cite>What_ posted [p:953251011] in Cryptocurr... [t:79415919]...</cite> <quote>My cloak is randomly pumping </quote> ... Copied to Clipboard!
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TheMikh 04/26/21 3:18:42 PM #137:	Future_Trunks posted... i see. well, damn. i think i'm stuck in no man's land cause i'm unable to make staking worth while. i might just move my GRT to another coin... maybe just to SOL and i might stake SOL instead. i'd try to retain at least some GRT exposure as a hedge, and would be wary of chasing prices, but SOL is a pretty viable ETH competitor. Future_Trunks posted... does anyone know the best way to convert GRT to SOL? trying to avoid getting fucked by gas fees https://coinmarketcap.com/currencies/solana/markets/ there probably isn't going to be a GRT-SOL market, so you may need to trade for an intermediate coin (e.g. BTC, ETH, USDT, or USDC) on whichever exchange you go with prior to trading for SOL. --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953252207] in Cryptocurr... [t:79415919]...</cite> <quote>Future_Trunks posted... </cite> <quote>i see. well, damn. i think i'm stuck in no man's land cause i'm unable to make staking worth while. i might just move my GRT to another coin... maybe just to SOL and i might stake SOL instead.</quote>i'd try to retain at least some GRT exposure as a hedge, and would be wary of chasing prices, but SOL is a pretty viable ETH competitor. Future_Trunks posted... </cite> <quote>does anyone know the best way to convert GRT to SOL? trying to avoid getting fucked by gas fees</quote>https://coinmarketcap.com/currencies/solana/markets/ there probably isn't going to be a GRT-SOL market, so you may need to trade for an intermediate coin (e.g. BTC, ETH, USDT, or USDC) on whichever exchange you go with prior to trading for SOL. </quote> ... Copied to Clipboard!
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TheMikh 04/26/21 3:37:44 PM #139:	Future_Trunks posted... thanks, @TheMikh yeah, the issue is i'm relying fully on price appreciation with my 1500 GRT rather than earning passive income w/ delegation and who knows when GRT will start to move when i could just move it all to SOL, and stake it on exodus for 10% APY but yeah i'm putting all my alt coin eggs into the SOL basket Fair and godspeed. There's still a lot of room for SOL to grow with respect to market cap, never mind being a platform which necessarily means buying pressure from the applications that run on it. --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953252931] in Cryptocurr... [t:79415919]...</cite> <quote>Future_Trunks posted... </cite> <quote>thanks, @TheMikh yeah, the issue is i'm relying fully on price appreciation with my 1500 GRT rather than earning passive income w/ delegation and who knows when GRT will start to move when i could just move it all to SOL, and stake it on exodus for 10% APY but yeah i'm putting all my alt coin eggs into the SOL basket</quote>Fair and godspeed. There's still a lot of room for SOL to grow with respect to market cap, never mind being a platform which necessarily means buying pressure from the applications that run on it. </quote> ... Copied to Clipboard!
krazychao5 04/26/21 3:39:15 PM #140:	has anyone looked into theta? think it's a good coin for long term? --- https://supermariomakerbookmark.nintendo.net/profile/bigllama?type=posted <cite>krazychao5 posted [p:953252996] in Cryptocurr... [t:79415919]...</cite> <quote>has anyone looked into theta? think it's a good coin for long term? </quote> ... Copied to Clipboard!
Rob Cesternino 04/26/21 9:40:49 PM #141:	Anyone into defi? --- Stop asking me if I'm Jessica Simpson. Jewish girls Survivor is the greatest show EVER. are hawt <cite>Rob Cesternino posted [p:953265520] in Cryptocurr... [t:79415919]...</cite> <quote>Anyone into defi? </quote> ... Copied to Clipboard!
CapnMuffin 04/27/21 12:19:25 AM #142:	Was thinking of going hard into ECOMI. Anything I should know? <cite>CapnMuffin posted [p:953270077] in Cryptocurr... [t:79415919]...</cite> <quote>Was thinking of going hard into ECOMI. Anything I should know? </quote> ... Copied to Clipboard!
TheMikh 04/27/21 12:20:05 AM #143:	Rob Cesternino posted... Anyone into defi? Only to the extent that I've been staking GRT for the past month or so, but lately I've been eyeing the prospect of providing liquidity. --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:953270088] in Cryptocurr... [t:79415919]...</cite> <quote>Rob Cesternino posted... </cite> <quote>Anyone into defi?</quote>Only to the extent that I've been staking GRT for the past month or so, but lately I've been eyeing the prospect of providing liquidity. </quote> ... Copied to Clipboard!
Lord_Shadow_19 04/27/21 1:13:45 AM #144:	CapnMuffin posted... Was thinking of going hard into ECOMI. Anything I should know? I'm thinking about it too --- Playing: The Outer Worlds, Monster Hunter Rise PM me for an invite to CryptoFAQs, my crypto discord. <cite>Lord_Shadow_19 posted [p:953271213] in Cryptocurr... [t:79415919]...</cite> <quote>CapnMuffin posted... </cite> <quote>Was thinking of going hard into ECOMI. Anything I should know?</quote>I'm thinking about it too </quote> ... Copied to Clipboard!
HODL 04/27/21 1:16:21 AM #145:	Lord_Shadow_19 posted... I'm thinking about it too https://i.imgur.com/jHK9LXT.png --- https://youtu.be/TXD7fiFdQDA <cite>HODL posted [p:953271264] in Cryptocurr... [t:79415919]...</cite> <quote>Lord_Shadow_19 posted...</cite> <quote> I'm thinking about it too </quote> https://i.imgur.com/jHK9LXT.png</quote> ... Copied to Clipboard!
Lord_Shadow_19 04/27/21 1:20:14 AM #146:	HODL posted... https://i.imgur.com/jHK9LXT.png How much did that cost you? --- Playing: The Outer Worlds, Monster Hunter Rise PM me for an invite to CryptoFAQs, my crypto discord. <cite>Lord_Shadow_19 posted [p:953271328] in Cryptocurr... [t:79415919]...</cite> <quote>HODL posted... </cite> <quote>https://i.imgur.com/jHK9LXT.png</quote> How much did that cost you? </quote> ... Copied to Clipboard!
HODL 04/27/21 1:21:36 AM #147:	Lord_Shadow_19 posted... How much did that cost you? Its hard to say since I had to buy BTC and pay fees for that and convert to UDST to buy OMI. I also bought at different price points. But I think a rough approximation is about $1,400. --- https://youtu.be/TXD7fiFdQDA <cite>HODL posted [p:953271353] in Cryptocurr... [t:79415919]...</cite> <quote>Lord_Shadow_19 posted...</cite> <quote> How much did that cost you? </quote> Its hard to say since I had to buy BTC and pay fees for that and convert to UDST to buy OMI. I also bought at different price points. But I think a rough approximation is about $1,400.</quote> ... Copied to Clipboard!
HODL 04/27/21 1:30:36 AM #148:	Heres my order history. Buys only. HODL! Lol https://i.imgur.com/7mQrO4J.png --- https://youtu.be/TXD7fiFdQDA <cite>HODL posted [p:953271508] in Cryptocurr... [t:79415919]...</cite> <quote>Heres my order history. Buys only. HODL! Lol https://i.imgur.com/7mQrO4J.png</quote> ... Copied to Clipboard!
H0LD_Austin_Era 04/27/21 3:37:26 PM #149:	https://www.msn.com/en-ca/money/topstories/digital-currency-ethereum-jumps-to-record-high/ar-BB1g6TZN?li=AAgh0dA Ethereum , the world's second largest crypto currency after Bitcoin, on Tuesday rose to a record high of $2,683.65 on the Bitstamp Exchange. Currently the only coins I own. I hope it reaches 5 digits by 2022! --- C H E C K M A T E <cite>H0LD_Austin_Era posted [p:953291369] in Cryptocurr... [t:79415919]...</cite> <quote>https://www.msn.com/en-ca/money/topstories/digital-currency-ethereum-jumps-to-record-high/ar-BB1g6TZN?li=AAgh0dA Ethereum , the world's second largest crypto currency after Bitcoin, on Tuesday rose to a record high of $2,683.65 on the Bitstamp Exchange. Currently the only coins I own. I hope it reaches 5 digits by 2022! </quote> ... Copied to Clipboard!
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Lord_Shadow_19 04/27/21 4:17:52 PM #151:	Future_Trunks posted... weren't you shilling that ECOMI bullshit? What do you think of ECOMI? --- Playing: The Outer Worlds, Monster Hunter Rise PM me for an invite to CryptoFAQs, my crypto discord. <cite>Lord_Shadow_19 posted [p:953292881] in Cryptocurr... [t:79415919]...</cite> <quote>Future_Trunks posted... </cite> <quote>weren't you shilling that ECOMI bullshit?</quote> What do you think of ECOMI? </quote> ... Copied to Clipboard!
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Current Events > Cryptocurrency General Thread (+) Yeah! (+)

Current Events > Cryptocurrency General Thread