BITCOIN

Zola.

Another ethereum token
hard pass

terratus

Zola. said:

Another ethereum token
hard pass

Quant? It's blockchain agnostic, it can move and run on any chain.

Scottex99

Quant seems have totally decoupled from Bitcoin and the rest of the market these days, BTC has been pumping this last week or so with little movement from Quant, whereas when BTC was bearish and moving sideways, Quant was pumping. Eventually this is how the entire market will hopefully be - each project moves independently based on it's own news and tech relases.

I can't remember exact dates but maybe 6 weeks ago Quant was around £50, then it got listed on Coinbase & Binance which opened it up to more people which will have caused a big spike. Another I like which is not yet listed on the big exchanges, which you might also find interesting is AllianceBlock (ALBT), partnered with Quant and trying to build the new financial system by combining the best aspects of defi and traditional finance.

"celebrate 100 pages of arguing on this thread" haha - there's so much fancinating stuff happening with blockchain technology, much more than people who spend their time bashing crypto (yet only know of BTC) will ever understand.

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There may be certain cryptos that were created to be used as actual currency, but the majority of tokens exist to secure and run the networks - not to be used as 'new-age internet money' so don't let the name 'currency' fool you guys, there's so much more to it investing in crypto is basically investing in startup companies, it's not all speculative stuff where the price only goes up because more people are investing.

I wouldn't agree with decoupling from the market point. Random alts/shitcoins can do whatever on a daily basis, something can 5x in a day whilst BTC is flat and something can have a huge crash whilst BTC pumps. It's just the nature of it. The Coinbase/Binance listing pumps have been around for years, I'm actually surprised they still happen but make sense as it opens up liquidity to the retail market who wouldn't buy it anywhere else. I'd also say going balls deep in alts without holding any BTC/ETH is a bad move. Yes, alts can have ridiculous upward runs but can fall back just as fast. The 2 pillars of the whole industry are volatile enough as it is! (I easily hold 100+ alts btw, I'm not a maxi). But my idea generally is always to accumulate more BTC and ETH for the long term.

Good point on "currencies" though. I think a lot of people get bogged down in crypto must be useless because your average man on the street would never understand it or use it to buy basic day to day goods. There's a lot of factors in play on top of that. Mainly speculative too of course. I'd never pretend I just like crypto for the tech or have such a big interest if I wasn't making money from it (so far). 

I think Micro Strategy just added another $177m to their portfolio, NFTs are going mad (for good or bad reasons), we're at $50k and google searches for "Bitcoin" are at a 9 month low supposedly, how valid a metric that is, I don't know.

Never a dull day in the space and we're barely getting started, next 5-10 years could be quite ridiculous  

terratus

I don't know all that much about the NFT art space, but it seems pretty crazy! I can understand the scarsity aspect similar to trading cards or pokemon, if you're 1 of only 10,000 people in the world to own that specfic card it'll make people feel special, but long term I think only a handful of those projects will hold value, the original ones like CryptoPunks, I think VISA even bought a CryptoPunk yesterday

I like the ultility aspect of NFT's though. There's a company called GET that use NFT tech to validate the authenticity of concert and event tickets to prevent ticket resellers. Ultra (a gaming company) are using NFT's to do some amazing things that will totally revolutionise the entire gaming industry.

Same here regarding why we're invested in crypto - I do like the tech and I'm interested in it, but if I wasn't making money then I'm sure my interest would dwindle down quite a bit

I used to hold BTC & ETH but sold for Quant. It is no regular alt coin. It provides complete interoperability, assisting with the creation of CBDC's, working with Governments & Central Banks, already regulatory compliant, does not require retail investors to pump the price and total supply of only 14million.

Although my investments would be considered to be 'alt coins' by definition, they have the potential to become some of biggest companies in the world, especially Quant. They are partnered with SIA - which is already the largest financial services tech provider in Europe that connects over 500 banks and almost a billion users.

There's no need for me to spread myself across 100 tokens when it would be impossible to keep up to date on each one with the due diligence that is required. I'm invested in a handful of projects that I believe will drive the entire space forward into mainstream adoption. There's no need for me to diversify further when I understand what I'm holding.

Zola.

terratus said:

Zola. said:

Another ethereum token
hard pass

Quant? It's blockchain agnostic, it can move and run on any chain.

Quant is an Ethereum based token

Zola.

Lets get back to bitcoin chat, no sh1tcoin chat

terratus

Zola. said:

terratus said:

Zola. said:

Another ethereum token
hard pass

Quant? It's blockchain agnostic, it can move and run on any chain.

Quant is an Ethereum based token

QNT is an ERC20 token but their overledger technology sits above blockchains, so the actual token can be mirgrated to any chain if need be, it's not like any other standard blockchain project. Betting on Quant is betting on all and any blockchain succeeding as they need to be able to interoperate and will do via Quant.

I saw previous posts mentioning ADA but if this topic is purely Bitcoin only talk then I'm happy to leave it be

adindas

Beside smart contract, the innovation like this

Cardano Partners With Ethiopia Government On National ID Blockchain System

https://www.pymnts.com/blockchain/2021/cardano-partners-with-ethiopia-government-on-national-id-blockchain-system/

That in my opinion will push ADA (Cardano) to keep its position as the best performing major Cryptos.

terratus

adindas said:

Beside smart contract, the innovation like this

Cardano Partners With Ethiopia Government On National ID Blockchain System

That in my opinion will push ADA (Cardano) to keep its position as the best performing major Cryptos.

Exactly! I'm not invested in ADA myself but I don't understand how some people can so blindsided to not realise there is much more to crypto than it being a store of value like Bitcoin. There is SO much happening in this space, the tech is changing the world.

tranquility1

BREAKING:  CRYPTO WHALE MAKING MOVES LAST NIGHT!

I almost doubled my stake in crypto last night.  I have also taken some new positions thusly:

~ £1200 in BTC
~ £1100 in XRP
~ £1100 in XLM
~ £1100 in ETH


XRP and XLM will be the adopted coins for the new financial system, and they will make me a very rich man.