buck, At 10 that ADA has the same market cap as bitcoin??? It has such a huge float and market cap at 26 BILLION already! I dont see massive upside relative to the market cap. So what else is there that isnt phony garbage but has some relative upside?
WallStreet...Don't know about you, but don't think you can use the same filters for crypto, you use for stock picking...There's a reason this marketplace is described as disruptive.
To play in this pool, I think you need to set aside what was. Otherwise, hard to sleep at night.
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Quote Originally Posted by wallstreetcappers:
buck, At 10 that ADA has the same market cap as bitcoin??? It has such a huge float and market cap at 26 BILLION already! I dont see massive upside relative to the market cap. So what else is there that isnt phony garbage but has some relative upside?
WallStreet...Don't know about you, but don't think you can use the same filters for crypto, you use for stock picking...There's a reason this marketplace is described as disruptive.
To play in this pool, I think you need to set aside what was. Otherwise, hard to sleep at night.
At 10 that ADA has the same market cap as bitcoin??? It has such a huge float and market cap at 26 BILLION already! I dont see massive upside relative to the market cap.
So what else is there that isnt phony garbage but has some relative upside?
I'm very new to this but I've read that market cap is not a true indicator of a coin's maximum price. If it was, wouldn't Ripple have stopped around $1 like you said it would?
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Quote Originally Posted by wallstreetcappers:
buck,
At 10 that ADA has the same market cap as bitcoin??? It has such a huge float and market cap at 26 BILLION already! I dont see massive upside relative to the market cap.
So what else is there that isnt phony garbage but has some relative upside?
I'm very new to this but I've read that market cap is not a true indicator of a coin's maximum price. If it was, wouldn't Ripple have stopped around $1 like you said it would?
QUOTE Originally Posted by wallstreetcappers: buck, At 10 that ADA has the same market cap as bitcoin??? It has such a huge float and market cap at 26 BILLION already! I dont see massive upside relative to the market cap. So what else is there that isnt phony garbage but has some relative upside? I'm very new to this but I've read that market cap is not a true indicator of a coin's maximum price. If it was, wouldn't Ripple have stopped around $1 like you said it would?
No in that case my comments were (and are) based on what the owners and management said regarding the intention for XRP, that they were against the price swings and the intention was for a bank platform to transfer money more on an institutional level and that is why I thought they would target 1.00 per and try to keep it there. If you go to the Ripple website and read the interviews and commentary they have and their intentions you will likely see what I also saw. They have enough supply to sink this thing in 10 minutes if they want to but maybe that was a smoke screen and they are not wanting to do that right now until they get more backing and support for that concept.
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Quote Originally Posted by FadeOnly:
QUOTE Originally Posted by wallstreetcappers: buck, At 10 that ADA has the same market cap as bitcoin??? It has such a huge float and market cap at 26 BILLION already! I dont see massive upside relative to the market cap. So what else is there that isnt phony garbage but has some relative upside? I'm very new to this but I've read that market cap is not a true indicator of a coin's maximum price. If it was, wouldn't Ripple have stopped around $1 like you said it would?
No in that case my comments were (and are) based on what the owners and management said regarding the intention for XRP, that they were against the price swings and the intention was for a bank platform to transfer money more on an institutional level and that is why I thought they would target 1.00 per and try to keep it there. If you go to the Ripple website and read the interviews and commentary they have and their intentions you will likely see what I also saw. They have enough supply to sink this thing in 10 minutes if they want to but maybe that was a smoke screen and they are not wanting to do that right now until they get more backing and support for that concept.
The market cap of a coin gives an indication of its limits. If you think Cardano is going to $10 than it would have a $250 billion market cap, which would be Ripple and Ethereum’s combined cap.
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The market cap of a coin gives an indication of its limits. If you think Cardano is going to $10 than it would have a $250 billion market cap, which would be Ripple and Ethereum’s combined cap.
Neo is $100. If Cardano reached $100 as bucknuts says, it would have a market cap of $2.5 trillion. 3 times as much as the current overall market cap for all crypto currencies ($820 billion).
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Neo is $100. If Cardano reached $100 as bucknuts says, it would have a market cap of $2.5 trillion. 3 times as much as the current overall market cap for all crypto currencies ($820 billion).
I love Ada..yeah those are some lofty numbers I give ya that but long term I think it becomes a big player here...then again hashgraph is coming so all this blockchain tech could fall by the wayside as new tech emerges.The cap on this market is going to do nothing but grow steadily from here on out obviously,look where it was just in Nov till now..
Wall check out Substratum,I keep sayn it but Ive been telln everybody to get in since .30 cents,its almost $3.Beta this month,bittrex listing upon code review and a coin burn should all come in next 30 days.Think we are looking at a min $8 Sub here by March.
Jaimie not sure how many exchanges everybody is using but Im on binance and kucoin.Please feel free to sign up via my link here.. https://www.kucoin.com/#/?r=1cc6b
Detox if you havent joined kucoin you should look into it,especially if youre a fan of Neo they have been first to list Neos projects like DBC which I got in at .07 December 29th and is now over .40.
Neos "Thekey" comes next month(think thats what I read)and its already in use in 31 cities in Asia..Im expecting the same type of run with this one as DBC once listed and moved to other exchanges..again feel free to use my link,they are accepting new traders again but they had registration froze for a min.
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I love Ada..yeah those are some lofty numbers I give ya that but long term I think it becomes a big player here...then again hashgraph is coming so all this blockchain tech could fall by the wayside as new tech emerges.The cap on this market is going to do nothing but grow steadily from here on out obviously,look where it was just in Nov till now..
Wall check out Substratum,I keep sayn it but Ive been telln everybody to get in since .30 cents,its almost $3.Beta this month,bittrex listing upon code review and a coin burn should all come in next 30 days.Think we are looking at a min $8 Sub here by March.
Jaimie not sure how many exchanges everybody is using but Im on binance and kucoin.Please feel free to sign up via my link here.. https://www.kucoin.com/#/?r=1cc6b
Detox if you havent joined kucoin you should look into it,especially if youre a fan of Neo they have been first to list Neos projects like DBC which I got in at .07 December 29th and is now over .40.
Neos "Thekey" comes next month(think thats what I read)and its already in use in 31 cities in Asia..Im expecting the same type of run with this one as DBC once listed and moved to other exchanges..again feel free to use my link,they are accepting new traders again but they had registration froze for a min.
I forgot to mention,since Ive signed up at kucoin and had so much time off work I literally spent an hr or so a day spamming my link to kucoin on every news story on FB and even hit youtube videos LMAO..we will see if it actually pays.Odd thing though I only have 20 direct signups and over 250 indirect,not sure if they are considered indirect until funds are moved over what the deal is but Im gonna keep doing it and try to get #s up as high as possible!
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I forgot to mention,since Ive signed up at kucoin and had so much time off work I literally spent an hr or so a day spamming my link to kucoin on every news story on FB and even hit youtube videos LMAO..we will see if it actually pays.Odd thing though I only have 20 direct signups and over 250 indirect,not sure if they are considered indirect until funds are moved over what the deal is but Im gonna keep doing it and try to get #s up as high as possible!
Wow...I'm a little amazed...All it takes to register is two-step authentication? I must be missing something here, like withdrawing? Have you tried to get any money out of Kucoin, Buck?
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Wow...I'm a little amazed...All it takes to register is two-step authentication? I must be missing something here, like withdrawing? Have you tried to get any money out of Kucoin, Buck?
They were fine if you had them before they mooned last week. Don’t see much upside at the moment.
Well I managed to get in on all of them before they went up. Not at pennies but enough that I've secured nice gains at this point and a little market fluctuation doesn't hurt me.
I'm looking to add more to XLM. Now seems to be the time, while the whole market is dipped.
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Quote Originally Posted by I_Need_A_Detox:
They were fine if you had them before they mooned last week. Don’t see much upside at the moment.
Well I managed to get in on all of them before they went up. Not at pennies but enough that I've secured nice gains at this point and a little market fluctuation doesn't hurt me.
I'm looking to add more to XLM. Now seems to be the time, while the whole market is dipped.
I dont see todays action as any dip, in fact the way it swarmed back so quickly tells me nobody got shook and these so called dips are not legit. I also find it odd how the coverage on this group is so biased to the long side...any drop and there are panic headlines when nobody was freaking out when these same names went up the same ammt over and over.
There has to be a major dump and some blood on the streets before it is time to buy for me, not some 2 hr plunge and immediate bounce.
Id also be interested in more about where this goes next vs chasing valuation in all the same names everyone else is. So what needs to change, what is going to evolve and what will bring that about and how can you invest in that now?
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I dont see todays action as any dip, in fact the way it swarmed back so quickly tells me nobody got shook and these so called dips are not legit. I also find it odd how the coverage on this group is so biased to the long side...any drop and there are panic headlines when nobody was freaking out when these same names went up the same ammt over and over.
There has to be a major dump and some blood on the streets before it is time to buy for me, not some 2 hr plunge and immediate bounce.
Id also be interested in more about where this goes next vs chasing valuation in all the same names everyone else is. So what needs to change, what is going to evolve and what will bring that about and how can you invest in that now?
Wall I think you should at least set up an account at Coinbase or something with $100. If everything does go to crap it can take a while to verified etc and you could miss out. Once you’re in you can lock in prices on Bitcoin or Ethereum immediately up to $10k... it will then take over a week for the funds to arrive if you wanted to buy other stuff on Binance or an exchange like it.
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Wall I think you should at least set up an account at Coinbase or something with $100. If everything does go to crap it can take a while to verified etc and you could miss out. Once you’re in you can lock in prices on Bitcoin or Ethereum immediately up to $10k... it will then take over a week for the funds to arrive if you wanted to buy other stuff on Binance or an exchange like it.
Well I am not going to open a new acct, I am with a pretty big bank and have a decade plus history with them. I also worry about what the best solutions are once acquisition takes place for safety and I need to research which has the best liquidity and what the spreads are etc. I watch a site that has most all the names on a streaming load but that doesnt tell me what the spreads are or how difficult it is to place an order. I really do not like that you have to do 3 steps to make a transaction...move the money from bank to one of the big names, then the big name to the next name and sometimes on a completely different exchange. This reeks of inefficiency and it cant continue longer term. I am also not going to look into any little names with lousy liquidity and big spreads...if something happens you get stuck with no out and I dont care for that at all.
For 100 bucks I dont care and yeah I can set these up just in case of course.
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Well I am not going to open a new acct, I am with a pretty big bank and have a decade plus history with them. I also worry about what the best solutions are once acquisition takes place for safety and I need to research which has the best liquidity and what the spreads are etc. I watch a site that has most all the names on a streaming load but that doesnt tell me what the spreads are or how difficult it is to place an order. I really do not like that you have to do 3 steps to make a transaction...move the money from bank to one of the big names, then the big name to the next name and sometimes on a completely different exchange. This reeks of inefficiency and it cant continue longer term. I am also not going to look into any little names with lousy liquidity and big spreads...if something happens you get stuck with no out and I dont care for that at all.
For 100 bucks I dont care and yeah I can set these up just in case of course.
I'm a bit of newbie to this. Started trading 2 weeks ago and I have a position on Tron (.06), Ripple (2.95, yuck), SUB (2.36) and REQ (.76). Plan on being in it for the long haul
Does anyone have any insight on what caused that 2 hour dip this morning? Seems like everything was down including BTC and ETH along with every ALTCOIN. If all the Altcoins are down, shouldnt BTC and ETH be up? I just dont understand how everything could have dipped so hard during that 2 hour period and then rebounded almost back to normal within a 2 hour period
Big Ballin' since '02
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I'm a bit of newbie to this. Started trading 2 weeks ago and I have a position on Tron (.06), Ripple (2.95, yuck), SUB (2.36) and REQ (.76). Plan on being in it for the long haul
Does anyone have any insight on what caused that 2 hour dip this morning? Seems like everything was down including BTC and ETH along with every ALTCOIN. If all the Altcoins are down, shouldnt BTC and ETH be up? I just dont understand how everything could have dipped so hard during that 2 hour period and then rebounded almost back to normal within a 2 hour period
Well I am not going to open a new acct, I am with a pretty big bank and have a decade plus history with them. I also worry about what the best solutions are once acquisition takes place for safety and I need to research which has the best liquidity and what the spreads are etc. I watch a site that has most all the names on a streaming load but that doesnt tell me what the spreads are or how difficult it is to place an order. I really do not like that you have to do 3 steps to make a transaction...move the money from bank to one of the big names, then the big name to the next name and sometimes on a completely different exchange. This reeks of inefficiency and it cant continue longer term. I am also not going to look into any little names with lousy liquidity and big spreads...if something happens you get stuck with no out and I dont care for that at all. For 100 bucks I dont care and yeah I can set these up just in case of course.
WallSt...with much respect..I don't get why you want to make this play...Your heart is no where near in it...This is speculation, pure and simple...it's a gold rush...for those who got in early, they have a stake and are playing with house money...For you, I think your energy and intellect (of which I would want to tap) would be much better served in the traditional markets.
My very small $.02.
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Quote Originally Posted by wallstreetcappers:
Well I am not going to open a new acct, I am with a pretty big bank and have a decade plus history with them. I also worry about what the best solutions are once acquisition takes place for safety and I need to research which has the best liquidity and what the spreads are etc. I watch a site that has most all the names on a streaming load but that doesnt tell me what the spreads are or how difficult it is to place an order. I really do not like that you have to do 3 steps to make a transaction...move the money from bank to one of the big names, then the big name to the next name and sometimes on a completely different exchange. This reeks of inefficiency and it cant continue longer term. I am also not going to look into any little names with lousy liquidity and big spreads...if something happens you get stuck with no out and I dont care for that at all. For 100 bucks I dont care and yeah I can set these up just in case of course.
WallSt...with much respect..I don't get why you want to make this play...Your heart is no where near in it...This is speculation, pure and simple...it's a gold rush...for those who got in early, they have a stake and are playing with house money...For you, I think your energy and intellect (of which I would want to tap) would be much better served in the traditional markets.
QUOTE Originally Posted by wallstreetcappers: Well I am not going to open a new acct, I am with a pretty big bank and have a decade plus history with them. I also worry about what the best solutions are once acquisition takes place for safety and I need to research which has the best liquidity and what the spreads are etc. I watch a site that has most all the names on a streaming load but that doesnt tell me what the spreads are or how difficult it is to place an order. I really do not like that you have to do 3 steps to make a transaction...move the money from bank to one of the big names, then the big name to the next name and sometimes on a completely different exchange. This reeks of inefficiency and it cant continue longer term. I am also not going to look into any little names with lousy liquidity and big spreads...if something happens you get stuck with no out and I dont care for that at all. For 100 bucks I dont care and yeah I can set these up just in case of course. WallSt...with much respect..I don't get why you want to make this play...Your heart is no where near in it...This is speculation, pure and simple...it's a gold rush...for those who got in early, they have a stake and are playing with house money...For you, I think your energy and intellect (of which I would want to tap) would be much better served in the traditional markets. My very small $.02.
Its funny you say that and thanks for saying it...but the reason I am this way comes from all the massive risks I've taken over the years...this is in the same vein but for sure I am not conservative and I do and will take risk. I cut my teeth trading options like 25 yrs ago, I was a broker during the .com bubble, I traded options on Amazon when they first traded as a public stock, I survived the .com bust, the housing bust and now this. I've learned from being burned to spend a ton of time learning before making a decision and to distrust the market...we are not even molecules in this market, we are merely chum in the waters and you need to trade thinking that...and always remember we have no control over what happens, we do nothing with regard to moving the markets...so if you can get out in front of the herd you CAN beat the market. I dont see value chasing a bubble, but that doesnt mean I am against doing so.
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Quote Originally Posted by JamieR44:
QUOTE Originally Posted by wallstreetcappers: Well I am not going to open a new acct, I am with a pretty big bank and have a decade plus history with them. I also worry about what the best solutions are once acquisition takes place for safety and I need to research which has the best liquidity and what the spreads are etc. I watch a site that has most all the names on a streaming load but that doesnt tell me what the spreads are or how difficult it is to place an order. I really do not like that you have to do 3 steps to make a transaction...move the money from bank to one of the big names, then the big name to the next name and sometimes on a completely different exchange. This reeks of inefficiency and it cant continue longer term. I am also not going to look into any little names with lousy liquidity and big spreads...if something happens you get stuck with no out and I dont care for that at all. For 100 bucks I dont care and yeah I can set these up just in case of course. WallSt...with much respect..I don't get why you want to make this play...Your heart is no where near in it...This is speculation, pure and simple...it's a gold rush...for those who got in early, they have a stake and are playing with house money...For you, I think your energy and intellect (of which I would want to tap) would be much better served in the traditional markets. My very small $.02.
Its funny you say that and thanks for saying it...but the reason I am this way comes from all the massive risks I've taken over the years...this is in the same vein but for sure I am not conservative and I do and will take risk. I cut my teeth trading options like 25 yrs ago, I was a broker during the .com bubble, I traded options on Amazon when they first traded as a public stock, I survived the .com bust, the housing bust and now this. I've learned from being burned to spend a ton of time learning before making a decision and to distrust the market...we are not even molecules in this market, we are merely chum in the waters and you need to trade thinking that...and always remember we have no control over what happens, we do nothing with regard to moving the markets...so if you can get out in front of the herd you CAN beat the market. I dont see value chasing a bubble, but that doesnt mean I am against doing so.
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