Current Events > Cryptocurrency General Thread

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CookieMarvin
05/12/21 7:49:29 PM
#352:


oh man if ripple goes to $10 everything else is gonna have to be so insanely inflated. Ill be profoundly comfy

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Akagami_Shanks
05/12/21 8:02:12 PM
#353:


i wonder if doge and shiba will rebound or if they're done

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3PiesAndAFork
05/12/21 8:07:30 PM
#354:


Fuck me, all my investments have tanked at least 10% in the last hour alone. TRX is taking a nosedive. Screw you Elon Musk.

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Trumpo
05/12/21 8:23:19 PM
#355:


The dips are here
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DarkRoast
05/12/21 8:27:26 PM
#356:


If Bitcoin crashes, imagine the wave of cheap af GPUs on eBay

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#357
Post #357 was unavailable or deleted.
bobaban
05/12/21 8:38:56 PM
#359:


I went IN on FEG due to some of the users here haha
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theAteam
05/12/21 8:39:38 PM
#360:


bobaban posted...
I went IN on FEG due to some of the users here haha

Haha same just got in for about $500

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#361
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emblem boy
05/12/21 9:31:14 PM
#362:


Man, why are network fees so high for eth
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emblem boy
05/12/21 9:36:55 PM
#363:


To swap eth to feg, network fee is ~$130?
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#364
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theAteam
05/12/21 9:57:11 PM
#365:


Yeah I did bsc cheap af

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emblem boy
05/12/21 10:03:35 PM
#366:


Easiest way to get bnb?
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emblem boy
05/12/21 10:04:15 PM
#367:


And what kind of prices are you expecting feg to actually get to?
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#368
Post #368 was unavailable or deleted.
emblem boy
05/12/21 10:34:37 PM
#369:


Hmm, will simplex actually cause a cash advance fee if I use a credit card?

Dang, gotta wait for id stuff to be verified
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bobaban
05/12/21 11:33:57 PM
#370:


Bullet_Wing posted...
Trust wallet is easiest, but simplex international fees are a pain

Crypto.com is another option

1t feg is about 25k right now, with a 1B market cap. 100B MC is definitely possible, but a reach. I think it's very likely we see a 40B market cap by years end or early next year making 1t a million dollars. Which doesn't even take the deflationary burn into account which raises the value of each token.

When you compare the utility Fegex will have compared to Pancakeswap (2B MC) and Uniswap (20B MC), 40B is likely obtainable

I bought. So how do you know its not a scam?

Im diversifying some of my crypto investments. If this gets the hype like Doge..
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#371
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bobaban
05/13/21 12:15:39 AM
#372:


Bullet_Wing posted...
It's been fully audited by two places, and the highest wallet holder has a couple percent of the market share at most. Enough to cause a dip, but not enough to rug. Plus the devs have consistently come through with every promise they make.

Cool thanks I always like to get a quick run down. And at least here I know I wont be dealing with shills
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emblem boy
05/13/21 12:17:33 AM
#373:


I have xlm and bch in trust wallet. I don't see how I can get that info bnb though
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#374
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emblem boy
05/13/21 1:03:10 AM
#375:


Finally. Used atomic wallet to transfer xrm to bnb. Sent bnb to trust wallet, then to bsc. .


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#376
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Sad_Face
05/13/21 1:09:06 AM
#377:


Rejoice frens. Ethereum's scaling problems and awful transaction fees are soon coming to an end.

https://medium.com/offchainlabs/wen-arbitrum-634969c14713

Aribtrum, the defacto scaling solution (partnered with Chainlink) will be launching mainnet on the 28th.

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TheMikh
05/13/21 1:40:42 AM
#378:


successfully set up monero mining on my desktop - earned all of like $0.0015 in an hour. probably not particularly viable without some serious computing power, but it's been an interesting experience.

...i think i'll set it up on my gaming rig; its gpu has been sitting idle for months. might be cool.

Sad_Face posted...
I was just reading up on MEVs to see how big of a problem it is.

https://www.coindesk.com/miners-front-running-service-theft
https://www.coindesk.com/ethereum-mev-frontrunning-solutions

Even worse, people are speculating Vitalik is complicit in this mining cartel due to how a number of top players at the Ethereum foundation lashed out at this article and now Vitalik made a recommendation for Uniswap, the main scene where these crimes take place, to be an oracle provider when Chainlink is already the standard.

https://gov.uniswap.org/t/uni-should-become-an-oracle-token/11988

i hadn't heard about this before now. seems like a bit of an odd proposal on vitalik's part; uni to my understanding has historically a governance token, and you're right in that chainlink is basically the oracle network in the ecosystem. on the other hand, uni is already basically the gold standard of for conveying prices within the network.

another counterpoint, however, is that maker already has a proven track record for effectively matching the dollar for their stablecoin (dai) in a decentralized manner. chainlink (and vb's petition to uni) aside, maker seems like a candidate that's better geared towards (and perhaps more directly interested in) an undertaking of the nature he's asking for, especially as they aim to become increasingly autonomous.

that aside though, his rationale seems somewhat sound. taking the grievances uni usage is causing the network into consideration i can understand how it may be construed as complicity of a sort, but i'm not quite sure how they're directly related.

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#379
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Mezcla
05/13/21 9:34:22 AM
#380:


"Elon is an asshole, you know that right?"
Cryptokiddies: Yeah but hes making me money! lololol hes so funny! to the moon! maybe ill buy a tesla???? loololol
*elon fucks everyone over to make money*
*everyone loses money*
Cryptokiddies:


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theAteam
05/13/21 9:34:37 AM
#381:


Lol what that is crazy. I saw I went from my money being doubled to going negative in the middle of the night I thought it was just a really volatile asset.

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#382
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ROOTFayth
05/13/21 9:51:13 AM
#383:


TheMikh posted...
successfully set up monero mining on my desktop - earned all of like $0.0015 in an hour. probably not particularly viable without some serious computing power, but it's been an interesting experience.

...i think i'll set it up on my gaming rig; its gpu has been sitting idle for months. might be cool.

i hadn't heard about this before now. seems like a bit of an odd proposal on vitalik's part; uni to my understanding has historically a governance token, and you're right in that chainlink is basically the oracle network in the ecosystem. on the other hand, uni is already basically the gold standard of for conveying prices within the network.

another counterpoint, however, is that maker already has a proven track record for effectively matching the dollar for their stablecoin (dai) in a decentralized manner. chainlink (and vb's petition to uni) aside, maker seems like a candidate that's better geared towards (and perhaps more directly interested in) an undertaking of the nature he's asking for, especially as they aim to become increasingly autonomous.

that aside though, his rationale seems somewhat sound. taking the grievances uni usage is causing the network into consideration i can understand how it may be construed as complicity of a sort, but i'm not quite sure how they're directly related.
about the mining thing you have to view it from an expected value perspective, like you may pay more electricity than the worth of the token for now but electricitys price wont skyrocket, if in 3 yrs from now the value of monero went x10 it could have ended in an insanely high ROI

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theAteam
05/13/21 11:39:31 AM
#384:


ADA $2 I'm slightly rich!!

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Flockaveli
05/13/21 11:41:20 AM
#385:


BTC crash when

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TheMikh
05/13/21 1:51:46 PM
#386:


ROOTFayth posted...
about the mining thing you have to view it from an expected value perspective, like you may pay more electricity than the worth of the token for now but electricitys price wont skyrocket, if in 3 yrs from now the value of monero went x10 it could have ended in an insanely high ROI
at current rates my cpu mining setup on three boxes would yield a little over 0.06 XMR in a year, and a little over 0.18 XMR in three years. profitable long-term, but not particularly lucrative.

i'll want to configure things to make use of my gpu, but until then it's more valuable as learning experience and doing a tiny part to help secure the network.

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DarkRoast
05/13/21 2:16:44 PM
#387:





It's not a speculative bubble, mom

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3PiesAndAFork
05/13/21 2:29:06 PM
#388:


^why don't you screenshot the 1m and 3m charts too?

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#389
Post #389 was unavailable or deleted.
apocalyptic_4
05/13/21 3:48:24 PM
#390:


What's going on with crypto? Is eth really being banned in countries?

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KobeSystem
05/13/21 3:49:40 PM
#391:


So I bought some BNB for the purpose of buying FEG but Im not sure how to go about it >_> im googling rn for answers but my googlefu is failing me. Help pls :(

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emblem boy
05/13/21 3:50:16 PM
#392:


KobeSystem posted...
So I bought some BNB for the purpose of buying FEG but Im not sure how to go about it >_> im googling rn for answers but my googlefu is failing me. Help pls :(


Check out the reddit. It has a how to on buying it
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KobeSystem
05/13/21 4:59:57 PM
#393:


emblem boy posted...
Check out the reddit. It has a how to on buying it

Yea i figured it out thru that and hella youtube videos. I now have like 4billion feg coins >_>

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emblem boy
05/14/21 9:14:25 AM
#394:


Will Litecoin do anything? I've had some since 2017. Thinking it's best to sell and put into Link or something
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2Pacavelli
05/14/21 9:19:13 AM
#395:


Litecoin can move at any moment. I see it reaching the thousands
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emblem boy
05/14/21 1:30:48 PM
#396:


Why?
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2Pacavelli
05/14/21 1:34:31 PM
#397:


emblem boy posted...
Why?

Because its undervalued it hasn't hit it's all time high yet.

Most Cryptos will hit there All time high then go into price discovery mode.

Litecoin hasn't done this yet, but it's the first alt coin and has a lot of support and a lot of history. Litecoin tends to lag behind so you got to be patient with it
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bobaban
05/14/21 5:05:40 PM
#398:


I think ETH and now FEG are good accumulation coins. Buy and hold.

Doge seems great for swing trading. Yesterday was an amazing opportunity for quick gains
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LastTomorrow
05/14/21 5:34:36 PM
#399:


Coinbase is planning on getting Doge

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Waffle, waffle, waffle
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Akagami_Shanks
05/14/21 6:48:51 PM
#400:


ADA to the moon?

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yes
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Lord_Shadow_19
05/14/21 10:27:29 PM
#401:


LastTomorrow posted...
Coinbase is planning on getting Doge

Is this confirmed, I saw some YouTube video headlines suggesting this.

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The Trent
05/14/21 10:41:18 PM
#402:


FEG on coinbase when

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you barely know yourself so i guess most of y'all should be offended
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