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  1. #31
    ok. Chargr's Avatar
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    when moon
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  2. #32
    Registered User Mogambo's Avatar
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    Originally Posted by jBrahh View Post
    In on first page. All in on bitconnect?
    YAM is where it's at
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  3. #33
    Registered User ezza's Avatar
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    Originally Posted by isingmodel View Post
    Honestly the folk comparing the current altcoin market action to the ICO craze during peak 2017 bull market must have not been in this space prior to the last bubble. Here is a chart of the altcoin market cap going back to 2016:

    Wide dotted lines are the halving dates, narrow dotted line is the date BTC broke the previous ~$1200 ATH, roughly.

    As you can see, there was a large altcoin surge in 2016 post halving. And if you compare it to what we are seeing now, you can see we are barely even at the beginning of an uptrend. The alt market in 2016 continued to do large multiples all the way till the BTC ATH and beyond.

    Coins were doing crazy gains back then too - I remember XMR jumping from sub dollar to ~$15 in just a few months in mid to late 2016. The only real reason that some alts have done even bigger (like 100x plus) multiples this time around is because we are measuring from the bottom of the unexpected COVID crash which saw an insta -80% on all alts before they bounced back, otherwise the gains are not really much higher.

    Tl;dr the current altcoin rallies are in no way comparable to last bull market peak. This is nothing other than the start of a longer term uptrend after two years of relentless dumping. Even if you look at crypto search interest, it is a fraction of that of the ICO craze and again only just starting to tick upwards.

    Yeah there are some coins that have jumped on the DeFi hype and outperformed others, but there is nothing comparatively unsustainable or outrageous about how the alt space is currently moving on the whole.
    Yes, I didn't mean to imply they are exactly the same, but they deliver the same feels. It's definitely at the start of it this run and not the same timeframe as peak ICO 2017 bubble. But looking at what I am seeing now, you have the same FOMO into ****coins that don't have any substance, yet when they list they are hitting 2-10x, and some go even further. This is really only crypto "insiders" right now and there's little amounts of normies trickling in.

    Agreed that this is nowhere near the bubble peak yet in comparison to 2017. We need to start seeing mainstream media cover this **** constantly, exchanges get hammered again where they have to stop processing new sign ups, every dog, man, and their bitch hittin you up about crypto etc etc.

    The current euphoria/madness/chatter though is reminiscent of 2017 craze (just not to the same scale yet) where there were so many potential opportunities (and scams) such that if you moved away from the screen for a few hours you may have missed out on some crazy ****. YAM itself only lasted about 24 hours yet I know some people who farmed it and made out with a **** load of money
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  4. #34
    I ain't no bitch lowstrife's Avatar
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    Originally Posted by HarryPotterCliv View Post
    If you look at the tokenomics, you will see this:

    If you have $100,000 and you invest in SXP now. If SXP takes CRO market cap, or below it say, 2 billion, you get $100,000/year from staking. This goes on for as long as SXP has a market cap of 2 billion.

    $52,000 in SXP now gives ~$52,000/year free if SXP market cap goes to 2 billion and holds
    $25,000 in SXP now gives ~$25,000/year free if SXP market cap goes to 2 billion and holds
    $100,000 in SXP now gives ~$100,000/year free if SXP market cap goes to 2 billion and holds
    $1,000,000 in SXP now gives ~$1,000,000/year free if SXP market cap goes to 2 billion and holds

    It is almost 1:1 on 12% APY PoS, just a tad more than the numbers listed here.
    That is some hell of an incentive to get to 2 billion marketcap and become a ponzi. 100% APY? How is that sustainable. Inflation will become untenable.

    Be careful. These yield coins are providing returns which are insane and are becoming the next horror saga of crypto.
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  5. #35
    Registered User Gringo12's Avatar
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    Originally Posted by lowstrife View Post
    That is some hell of an incentive to get to 2 billion marketcap and become a ponzi. 100% APY? How is that sustainable. Inflation will become untenable.

    Be careful. These yield coins are providing returns which are insane and are becoming the next horror saga of crypto.
    Next thing you'll say is that bitconnect is a scam
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  6. #36
    Registered User savageoldman's Avatar
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    yammm connectt

    I have another gem for you fellas

    Smartlands token

    currently on the stellar chain moving to cosmos to catch the defi train

    5mil supply, test net coming soon
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  7. #37
    Registered User ezza's Avatar
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    Originally Posted by lowstrife View Post
    That is some hell of an incentive to get to 2 billion marketcap and become a ponzi. 100% APY? How is that sustainable. Inflation will become untenable.

    Be careful. These yield coins are providing returns which are insane and are becoming the next horror saga of crypto.
    Yes, agreed, the tokenomics of SXP don't look so pretty LONG-term, unless they manage to get real widespread adoption and use quickly that sustains itself, thus accelerating them towards their flat deflationary token floor amount (can't recall the number from their pitch deck).

    Also, the team and business gets a LOT of SXP per year to damp on market or use to incite people to join the network (who may just dump on market). Not the best things for upward price pressure. All the staking stuff also rekts price unless the stakers choose to hold (which is unlikely unless they fully believe in SXP / price increases)

    Those % returns in the model are not sustainable at all. It's like DeFi right now, at the start you get insane returns but overtime will decrease as more people join the farm yield or damp the token that is farmed on market (returns will still be good tho compared to traditionals cos of the added risk/lack of middlemen)
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  8. #38
    < 1k Posts/Year Crew StevieSparkZ's Avatar
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    Originally Posted by mcdojo View Post
    Whats some promising tiny cap alts.

    I want to degen invest again
    The oracle coins, Chainlink (LINK) and Band Protocol (BAND) are doing very well.

    I am watching Dia (DIA), which is a smaller decentralized oracle. They are releasing a large amount on August 18th, I am expecting a dip around then.

    I will look to pick up a bag then.

    Another coin that I recently starting watching is Kleros (PNK)
    A small loan of 1 bitcoin........


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  9. #39
    Registered User Mogambo's Avatar
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    I don't understand what people do with the small cap, small volume coins.

    You can't even unload it if they 100x. So your stuck holding a bag for months (at best) hoping the gains will stay with your money tied up now.
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  10. #40
    Registered User JuicedMayhem's Avatar
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    Anyone still on the OMG train with me? Bought in 2017 when it first dropped on bittrex. Price getting nice.
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  11. #41
    Registered User PimpMasterC's Avatar
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    Originally Posted by Mogambo View Post
    If you've been into cryptos for 3+ years and don't have at least 1BTC, you're doing it wrong.
    No. Btc is fundamentally flawed. It can´t work. Jesus how not more people have figured it out shows how braindead people are. It´s unethical to support btc as I have written a series of posts on before. You are hindering innovation and supporting stagnation.

    Originally Posted by OMGWTFBBQ? View Post
    In for massive gains.

    SXP chads show yourselves.

    SXP Staking August 23, 2020.

    APY 70% if ten million tokens are staked.

    https://twitter.com/SatNew4/status/1295156761394118656
    Looks like a scam. Whats the purpose of this coin?

    Originally Posted by Gringo12 View Post
    OG thread: https://forum.bodybuilding.com/showt...hp?t=173249701
    3) Holding will give you more returns over a year than day trading.
    Well that depends. I make more with trading

    ETC is still valued at 800 million even though it has been 51% attacked at least 2 times. What the **** is wrong with this overvalued market. 95% of the coins in the top 100 are overvalued. This market needs to die already, so we can get rid of all the scams. Look, blockchains arent good for that much. Most projects don´t even need a blockchain or crypto. It´s exactly the same as the .com bubble, were every company was crazy overvalued just because they were an internet company. Exact same situation with crypto. It´s pretty much all moneygrabs and to surf on blockchain hype created by idiots. Yes, and it needs to be called out. most cryptos are extremely overvalued. Extremely. The market is completely delusional, so it will collapse one day

    Most people don´t fathom how difficult it is to create a decentralized network, it´s an uphill battle everyday. None of the new projects are decentralized, none. Most systems trend towards centralization, and thats 99% of crypto.
    Last edited by PimpMasterC; 08-17-2020 at 04:30 AM.
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  12. #42
    Registered User isingmodel's Avatar
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    Originally Posted by Parkerscott View Post
    You should already know the answer to this, and if you don't you have not learned anything.

    Pull up a NEO,OMG,Nano,XRP, or any other chart. Some people made a lot of money off of those tokens. Most however had the rug pulled. When the rug gets pulled you want to have something to catch you, and that is why im in BAT.

    Brave is competing with google,facebook,twitter,snapchat etc for the hundreds of billions of dollars spent on digital advertising per year, and ad agencies only care about one thing. How many eyeballs can they get per dollar. It just so happens that brave has the industries highest CTR and the price of ads only gets higher on google,fb,etc due to competition. Things are only becoming increasingly more bullish for BAT. Brave is at over 17m users and close to 1m content creators. Firefox is in a very bad state and on the verge of bankruptcy and their users number about 100m+ and they hate google and will have to find a new home soon. GDPR is heating up and advertisers are being pressured to find alternatives to tracking data, and the only alternatives beside brave are rife with fraud. Advertisers and the ad network when confronted play the pointing finger game when the client asks where their $7m ad spend went.

    BAT might have been a weak coin in 2017 and might seem like a weak coin right now, but its growing into a silicon valley unicorn extremely quickly right under everyones noses. Honey was acquired for $5B by paypall and they only have 20m users. Brave could potentially be a much much larger company than honey and is on track for 22m users by year end. If the crypto rug gets pulled again then BAT will actually have something to offer, and if the bull run continues BAT could gain tons of media attention. BAT just seems like a lower risk and extremely high reward play. In an ideal scenario, I will also be dumping all of my BAT on advertisers that actually need what im offering, not some poor dude that read some buzzwords in a whitepaper.
    If we were post bubble pop then this might make sense, although you'd still be better off just holding BTC during bear cycles or ideally getting out of crypto altogether. But if we're gearing up for a bull run then it doesn't make much sense to hold a coin with a history like BAT's IMO but each to their own
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  13. #43
    Registered User BDSMBBW's Avatar
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    Time to watch the king of all scam coins.
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  14. #44
    Throbbing Member jamalfudge's Avatar
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    Originally Posted by JuicedMayhem View Post
    Anyone still on the OMG train with me? Bought in 2017 when it first dropped on bittrex. Price getting nice.
    Was big on it, but whenever big exchanges announced they were discontinuing OMG access to US in 2019 I flipped it into DGB. Who knew 6 months later it'd be on Coinbase. Ain't even mad.
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  15. #45
    Registered User OMGWTFBBQ?'s Avatar
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    Originally Posted by PimpMasterC View Post

    Looks like a scam. Whats the purpose of this coin?
    It's the token that powers the Binance Card. Total supply is 300,000,000 and will be burned to 100,000,000 in total.

    It's proof-of-stake.
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  16. #46
    To the Lost. KingKringe's Avatar
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    need an exchange to invest in alt coins tbh, binance and PCB don't seem to support them.
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  17. #47
    Pretentious Miscer W1LLW's Avatar
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    INN or 2th page.

    Repping the Ethereum and XRP gang. Been accumulating like a MF'er.

    No more temptation of chasing hype trains like the last bull run. If the project isn't big enough to trade on binance i'm not fuking with it. I think Ethereum/XRP are going to pay off tremendously in November/December if you're accumulating now.

    Originally Posted by OMGWTFBBQ? View Post
    In for massive gains.

    SXP chads show yourselves.

    SXP Staking August 23, 2020.

    APY 70% if ten million tokens are staked.

    https://twitter.com/SatNew4/status/1295156761394118656
    This one has potential if it's THE coin used to link Binance to fiat-debit cards.


    Originally Posted by Gringo12 View Post
    Lindacoin]
    Originally Posted by jBrahh View Post
    In on first page. All in on bitconnect?

    Last edited by W1LLW; 08-17-2020 at 10:12 AM.
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  18. #48
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    TRAC goin ham rn
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  19. #49
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    Originally Posted by KingKringe View Post
    need an exchange to invest in alt coins tbh, binance and PCB don't seem to support them.
    uniswap
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  20. #50
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  21. #51
    Registered User Mogambo's Avatar
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    The only issue I have with SXP is that it seems to be built around the fact that it's linked to a debit card. I don't see why anyone would be excited about a cryptocurrency project that's centered around its ability to connect to old technology. Physical cards are what cryptocurrencies' aim to do away with. Make everything virtual.

    You look at what China did with the WeChat, that's what the rest of the world should be moving towards, without the government spying on you of course.

    In the short term it good to be associated with an debit card but I just don't think there's much room for growth there. Consumers aren't going to flock to SXP because of that. It's a novelty that's going to wear off.
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  22. #52
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    Originally Posted by Mogambo View Post
    The only issue I have with SXP is that it seems to be built around the fact that it's linked to a debit card. I don't see why anyone would be excited about a cryptocurrency project that's centered around its ability to connect to old technology. Physical cards are what cryptocurrencies' aim to do away with. Make everything virtual.

    You look at what China did with the WeChat, that's what the rest of the world should be moving towards, without the government spying on you of course.

    In the short term it good to be associated with an debit card but I just don't think there's much room for growth there. Consumers aren't going to flock to SXP because of that. It's a novelty that's going to wear off.
    I respectfully disagree, but you are entitled to your opinion.
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  23. #53
    Registered User Mogambo's Avatar
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    Originally Posted by OMGWTFBBQ? View Post
    I respectfully disagree, but you are entitled to your opinion.
    10 years from now, are more people paying for goods via a physical card or using their phones?
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  24. #54
    Pretentious Miscer W1LLW's Avatar
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    Originally Posted by Mogambo View Post
    10 years from now, are more people paying for goods via a physical card or using their phones?
    You're thinking TOO far into the future. Hell, americans just got contactless credit/debit card tech like 3 years ago.
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  25. #55
    Registered User Mogambo's Avatar
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    Originally Posted by W1LLW View Post
    You're thinking TOO far into the future. Hell, americans just got contactless credit/debit card tech like 3 years ago.
    10 years is thinking too far ahead for a cryptocurrency project?
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  26. #56
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    when LTC hitting $300 again

    pls lambo

    I should have invested heavier into BAT and Tezos when they were lower

    Bought a bunch of BAT at .16-26 cents and Tezos around the $1-2 range but too much of a pu$$y to go balls deep
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  27. #57
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    Originally Posted by W1LLW View Post

    This one has potential if it's THE coin used to link Binance to fiat-debit cards.
    Yes, the Binance card is powered by SXP. Binance acquired Swipe to power the Binance card.

    SXP actually powers both Binance and Swipe.

    https://www.coindesk.com/binances-cr...-markets-today

    Binance fiat debit card powered by SXP:

    https://www.binance.com/en/blog/4214...ches-in-Europe

    CEO answered in the Reddit AMA:
    https://medium.com/swipe/swipe-reddi...3-80690e2f6589

    Now you see why I am so bullish on SXP. It is a total mind-eff that I can't put more money into it during this dip. I really wish I could buy the blood.
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  28. #58
    Registered User pokerash's Avatar
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    When will swipe card come to NZ?
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  29. #59
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    Originally Posted by isingmodel View Post
    If we were post bubble pop then this might make sense, although you'd still be better off just holding BTC during bear cycles or ideally getting out of crypto altogether. But if we're gearing up for a bull run then it doesn't make much sense to hold a coin with a history like BAT's IMO but each to their own
    lmfao History? You have to be joking. Current and past price is the future price for now and forever?

    Literal potato tier logic.
    lol at chromecels and firefoxcels

    brave browser crew
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  30. #60
    Throbbing Member jamalfudge's Avatar
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    Originally Posted by Vexidi View Post
    uniswap
    Uniswap seems like the next Binance. Shady as fk but all the new defi projects are launching there first.
    #chaga_gangsta
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