Is anyone else starting to become a bit excited?

Lex Luthor

nope never heard of it

Lex Luthor

the listing of $DGB on BINANCE was free, some turnaround from all the mud slinging between Tate and CZ and the listing fee Binance were after

Coinbase were hinting DGB was one of the coins they were looking at listing, so probably a good strategic move by Binance to get in first

Truckermal

Any thoughts on Elrond Erd I dipped in yesterday when it dumped, I'm not sure if I made a good move or not..

jimmii

Link having a good day. Presume that's off the back of the China news. Could be the thing that finally gets 5 cracked.

Truckermal

[HTML][/HTML]

jimmii wrote: »

Link having a good day. Presume that's off the back of the China news. Could be the thing that finally gets 5 cracked.

Yep and onwards to Twenty!

makeorbrake

I'm sure some of you are up to speed with this already but it seems that Paypal may be looking to offer crypto via their platform (and probably Venmo) soon. It's speculation and not confirmed but Coindesk quote 'sources' within the company. Also there are a couple of job listings right now which will be crypto specific hires. Lastly, Jack Dorsey's CashApp has been making headway by offering a bitcoin buy/sell option with its app...so I'm sure Paypal are paying attention to that.

I hate Paypal - but I'd like to see this happen so that 300+ million people can gain exposure to bitcoin. It can help to onboard new users whilst all the while, helping to bed in bitcoin as a permanent fixture.

Once they're onboarded - I'd hope they start to see sense and take their BTC off platform - leaving Paypal for dust!

jimmii

Truckermal wrote: »

[HTML][/HTML]

Yep and onwards to Twenty!

Twenty? That makes my heart go all fluttery!

JohnnyFlash

One time even the rumour about a rumour of PayPal offering crypto sales within their platforms would have caused a spike in prices, and a load of moon and lambo memes.

I’d say anyone who is interested in bitcoin and shïtcoins is already interested. It’s a bit 2017 to be honest. It’s all about Robinhood and young lads day trading on good old fashioned speculation shares.

Lex Luthor

JohnnyFlash wrote: »

One time even the rumour about a rumour of PayPal offering crypto sales within their platforms would have caused a spike in prices, and a load of moon and lambo memes.

I’d say anyone who is interested in bitcoin and shïtcoins is already interested. It’s a bit 2017 to be honest. It’s all about Robinhood and young lads day trading on good old fashioned speculation shares.

to be honest I dont see PP offering anything more than what is already out there

there are plenty on ramps for fiat, but there are still a lot of people who could use it but I dont see the 300m customers of theirs taking it on

I'm registered with PP but I havent used it in a long time and survive without it

if they go down the same route as Revolut and your crypto is locked in on their platform its as much as useless but then again I still know someone who buys crypto on Revolut even though he has a Ledger Nano but says buying on Revolut is so handy, but now has a few bags on there he cant get off without cashing out and paying the fees :rolleyes:

makeorbrake

Lex Luthor wrote: »

to be honest I dont see PP offering anything more than what is already out there

there are plenty on ramps for fiat, but there are still a lot of people who could use it but I dont see the 300m customers of theirs taking it on

I think it would be really significant. Remember through your lens, there are plenty of on-ramps. However, by virtue of the fact you're dabbling quite a bit in crypto, you're not typical of the mass market.

Remember, that a major point of friction in on-boarding people is KYC/AML. People don't want to open new accounts on that basis. 300 million people won't have to if its already an offering on a platform that they're already using.
Furthermore, we've had years of negative press with regard to crypto scams and hacks. Mass market folk are fearful of that stuff.

If the offering is made through a platform that they trust, then it makes it far easier for that group of people to start to dabble with crypto. If you were to say to a no-coiner that you would accept payment for something in crypto, they would probably resist unless this was their only option. However, if you say it in 6 months from now and they have instant access to crypto via their paypal account, you're likely to face less resistance.

Additionally, CashApp has proven that there is traction to be made with this - as the bitcoin aspect of its business has become an ever greater element of the results its posting each quarter.

I detest Paypal but inadvertently it can serve a greater purpose here (if only temporarily!).

Lex Luthor

the masses imo still feel crypto is a scam, i wonder is it just down to its naming "crypto currency", people who dont understand think its just a ponzi and thats the general impression I get from the majority i speak to

i thought when revolut started offering it, it might get some others into it, but not yet seen it yet in my circle

makeorbrake

Lex Luthor wrote: »

the masses imo still feel crypto is a scam, i wonder is it just down to its naming "crypto currency", people who dont understand think its just a ponzi and thats the general impression I get from the majority i speak to

For sure they do. That's what the mass media has told them from the day that they first ever heard of it. Notice how many articles there are that refers to a 'bitcoin scam'. Yet when you break it down, the only element of it being a 'bitcoin scam' is that the scoundrels behind the scam have used bitcoin as the mechanism to get paid out. You don't see articles referring to 'cash scams' even though billions more scams are worked with cash as the payment method.

New things can be scary to the herd. In the early days of the interweb, there were shock horror articles about all the negative stuff that it was enabling - such as illicit p0rn, internet scams, etc.

This is all the more reason why having it there and readily available to them makes them far more likely to use it if a need arises. Once they break their duck on it, it becomes far less scary. At that point, if an online vendor offers a discount on a crypto payment versus credit card (due to the fees the vendor has to absorb), then they may be more inclined to use it. They are also more likely to become more curious as to what advantages it offers them.

Lex Luthor wrote: »

i thought when revolut started offering it, it might get some others into it, but not yet seen it yet in my circle

I'm sure Revolut has helped somewhat but that's just 8 million users and of course they have a watered down implementation too. CashApp is showing growth on the back of it - so there's traction to be had for sure.

jimmii

Rightly or wrongly the common person trusts the PayPal name and it's obviously going to be a lot more familiar to them than anything in the crypto market currently and I think a lot of people who have heard of that bitcoin thing will be more tempted to put some money in knowing they can do it on pp.

Arrival

Hopefully if PP and Venmo do offer it they actually physically buy the coins and don't just go with derivatives like Robinhood and Revolut, it won't do much for the value otherwise

makeorbrake

Arrival wrote: »

Hopefully if PP and Venmo do offer it they actually physically buy the coins and don't just go with derivatives like Robinhood and Revolut, it won't do much for the value otherwise

That's why I always thought the Revolut offering was cringeworthy. It was better than nothing but still almost pointless. A bit like having a Ferrari with no engine in it. Hopefully PP feel the need to at least match CashApp's offering.

Truckermal

Lend still doing well along with Link and ERD which I purchased when it dumped..

Blowheads

Truckermal wrote: »

Lend still doing well along with Link and ERD which I purchased when it dumped..

What platform you trading on for these?

Truckermal

Blowheads wrote: »

What platform you trading on for these?

Binance..

Lex Luthor

Truckermal wrote: »

Lend still doing well along with Link and ERD which I purchased when it dumped..

LEND ran up a fair bit the other day, I had bought in at 1446 sats and sold off about 30% around 1725 sats and then waited. Everything tanked so I have just been sitting on it since and watched it all the way down to 1300'ish sats, but nice recovery now

a while ago I would have sold off panicking but I've gotten thick skin since getting into crypto and you need a strong hand

to be fair the LINK pump was coming, yesterdays announcement was all over Twitter for the last few weeks and I think BSN goes live on July 31st

Its huge news for LINK though, but feel they have bigger to come

Truckermal

Link still gaining nice and slow!

jimmii

Truckermal wrote: »

Link still gaining nice and slow!

Slowly going up while most things are going down if everything was green I would imagine link would still be flying. Hopefully we see a few more days of this the sooner it breaks 5 the better.

Donegal1234

Coinbase added compound to Coinbase earn yesterday. Seems most people are on wait list . Was anybody on here Able complete it.

For newbies Coinbase earn literally. gives free crypto for watching educational videos. No catches

https://www.coinbase.com/earn

q85dw7osi4lebg

Stacked a whopper amount of corn this morning, not sure about anyone else but I've managed to stack more in lockdown than any other time.

Lex Luthor

there is a documentary coming next week on Discovery Science and it will feature $DGRN Dragonchain. Could be some nice gains from it. Its on KuCoin exchange

Tango One

Lex Luthor wrote: »

there is a documentary coming next week on Discovery Science and it will feature $DGRN Dragonchain. Could be some nice gains from it. Its on KuCoin exchange

Up 41%

Lex Luthor

Tango One wrote: »

Up 41%

That was quick

FFVII

https://dailyhodl.com/2020/06/29/little-known-crypto-asset-far-outperforms-bitcoin-btc-surging-5000-since-april-2019-heres-why/amp/

makeorbrake

FFVII wrote: »

https://dailyhodl.com/2020/06/29/little-known-crypto-asset-far-outperforms-bitcoin-btc-surging-5000-since-april-2019-heres-why/amp/

Compound, Maker, 0x, Balancer, Synthetix.....it's not alt season, it's DeFi season :-D

In 2017/8, we had the ICO boom/bust...maybe we're headed for a DeFi boom n bust next...

Bob24

I see CRO and CEL have been booming as well, which can provide yield on centralised crypto lending platforms.

Yes, basically finance on the blockchain is on fire.

The rise does look over exuberant, but I do thing it is a legit and major application for cryptos/blockchain, not all of thee tokens/platforms are smoke and mirrors.

makeorbrake

Bob24 wrote: »

The rise does look over exuberant, but I do thing it is a legit and major application for cryptos/blockchain, not all of thee tokens/platforms are smoke and mirrors.

Something really tangible to come out of it ultimately for sure. However, it doesn't mean that people won't get burnt through over exuberance and hacks, etc. - as these offerings are only as good as the smart contracts behind them. A bit of time needed to iron out the creases.

If they can get things bedded down where just about anything is tokenised seamlessly and safely, I won't care about the friction of getting $ in/out of crypto/blockchain any longer. It won't be coming out!

SteelyDanJalapeno

maninasia wrote: »

Pro tip for traders

Follow the crypto upcoming news. Most crypto investors don't even know what's coming up more than one week in advance.

https://coindar.org/en/search?type=0&text=&start=2020-06-17&end=2024-06-17&tags=&hot=0&rp=0&fav=0&coins=&cap_from=0&cap_to=600000000000&vol_from=0&vol_to=300000000000&ex=&sort=0&order=0

https://coinmarketcal.com/en/

Can see a few juicy ones coming soon.

Augur V2.0
Cardano Shelley hard fork and staking
IOTA has some big improvements coming June and July and they are on track as I follow them

I made good returns on kyber network because I simply checked their roadmap for up to two months ahead. Some of the teams will give good hints on Twitter as well.

Cheers for the heads up, bought some Cardano on the back of this, +20% since your post

SteelyDanJalapeno

maninasia wrote: »

Pro tip for traders

Follow the crypto upcoming news. Most crypto investors don't even know what's coming up more than one week in advance.

https://coindar.org/en/search?type=0&text=&start=2020-06-17&end=2024-06-17&tags=&hot=0&rp=0&fav=0&coins=&cap_from=0&cap_to=600000000000&vol_from=0&vol_to=300000000000&ex=&sort=0&order=0

https://coinmarketcal.com/en/

Can see a few juicy ones coming soon.

Augur V2.0
Cardano Shelley hard fork and staking
IOTA has some big improvements coming June and July and they are on track as I follow them

I made good returns on kyber network because I simply checked their roadmap for up to two months ahead. Some of the teams will give good hints on Twitter as well.

Cheers for the heads up, bought some Cardano on the back of this, +20% since your post

Lex Luthor

I think the entire month of July will be bullish for $ADA, i've got an average entry of 4c so long may it continue

Truckermal

Lex Luthor wrote: »

I think the entire month of July will be bullish for $ADA, i've got an average entry of 4c so long may it continue

Lend doing well too along with SNX but on very few exchanges..

Is Lend still worth dipping into?

Somecrimesitry

The Cardano Virtual Summit starts today, all ADA holders out there should at least tune into the main keynotes. There will be a lot of price pumping news and roadmap updates coming out today & tomorrow.

Hell even if people have no interest in Cardano there will be lots of blockchain talks and discussions for general crypto heads. It's a free event but you do have to sign up for it:

Cardano Summit (starts in about 3 hours)
https://www.ubivent.com/register/cardanovirtualsummit

Agenda
https://cardanosummit.iohk.io/images/virtual-summit-agenda.pdf

Lex Luthor

Truckermal wrote: »

Lend doing well too along with SNX but on very few exchanges..

Is Lend still worth dipping into?

I still have some LEND, avg holding of 1519 sats which I am starting to scale out of if it hits 1750. I'll hold 25% of it though as I feel it still has a bit to go

Truckermal

Dipped into Ada earlier, made 200 quid and sold again...:D

Lex Luthor

going to take a shot at $REP, Augur 2.0 coming soon

Somecrimesitry

The Cardano virtual summit is both really cool and a bit weird at the same time. I think I like it???

They fully captured the summit or expo experience...I've had a few beers, eaten some garbage food and then I missed an important presentation while watching some guy doing calligraphy:)

Some tasty announcements so far are that governance is ready to ship alongside decentralisation & staking. No one expected this, Voltaire was meant to be the final piece of the current roadmap. There will be a mobile app for the community to engage in voting.

A $20m fund with Wave Financial for defi / dapps...lots of ETH devs will want in
A separate community fund from the treasury voted on by the community
Native assets live within 120 days
Smart contracts live within 150 days

So far it's been pretty good.

cnocbui

VILNIUS (Reuters) - Lithuania is about to issue the first central bank-produced digital coin in the euro zone, part of a project to trial state-backed digital currencies and blockchain technology in everyday use.

The sharp decline in the use of cash and the prospect of Facebook (NASDAQ:FB)'s 2.5 billion users adopting its currency Libra has led central banks to examine how they can issue their own forms of digital currency.

Twenty-four thousand digital tokens dubbed LBCOINs and based on blockchain technology will go on pre-sale next week, each with an attached portrait of one of the 20 people who signed Lithuania's declaration of independence in 1918.

https://www.investing.com/news/technology-news/lithuania-dabbles-in-cryptocoin-as-central-banks-look-for-ways-to-fend-off-facebook-2218689

Truckermal

I'm watching it closely as it has slipped back a bit and I'm ready to jump back in!

SkySter

Truckermal wrote: »

I'm watching it closely as it has slipped back a bit and I'm ready to jump back in!

Stayed in. This is a long term play for me alongside Vechain.

Lex Luthor

SkySter wrote: »

Stayed in. This is a long term play for me alongside Vechain.

same here

Lex Luthor

anyone for a bit of $MATIC, looks like it could be about to leave the station. I just bought a ticket

Donegal1234

Lex Luthor wrote: »

anyone for a bit of $MATIC, looks like it could be about to leave the station. I just bought a ticket

I have been staking my Matic bag since Monday morning . Currently apr rate is 67%. Great way to have passive income . It’s backed by Coinbase so listing not be too far away.


https://wallet.matic.network/rewards-calculator

Truckermal

SkySter wrote: »

Stayed in. This is a long term play for me alongside Vechain.

Lex Luthor wrote: »

same here

Dipped back in this morning on the low! Also looking at Kybernetwork for the last 2 weeks humming and hawing about buying in...:(

Lex Luthor

KNC just had a big pump today

I’d say this year it will probably go even more but I’d be reluctant to fomo in today

One coin I see consistently on the +% is $LRC

I check crypto bubbles daily and it’s nearly always one of the biggest bubbles on the main screen

Lex Luthor

Donegal1234 wrote: »

I have been staking my Matic bag since Monday morning . Currently apr rate is 67%. Great way to have passive income . It’s backed by Coinbase so listing not be too far away.


https://wallet.matic.network/rewards-calculator

67 or 6.7?

Truckermal

Lex Luthor wrote: »

KNC just had a big pump today

I’d say this year it will probably go even more but I’d be reluctant to fomo in today

One coin I see consistently on the +% is $LRC

I check crypto bubbles daily and it’s nearly always one of the biggest bubbles on the main screen

It's pumping all week and I just ignored it! Anyway PMSL having a look on Twitter and one of these Crypto guy's was talking about the pump and future pumps when someone asked him "When XRP"....:pac:

Lex Luthor

Truckermal wrote: »

It's pumping all week and I just ignored it! Anyway PMSL having a look on Twitter and one of these Crypto guy's was talking about the pump and future pumps when someone asked him "When XRP"....:pac:

I think thats just becoming a running joke now with XRP

I've got a bag and will hold it......not tempted to sell as I'm in a break even state with it right now and to sell anything thats at an all time low for something thats pumping goes against my strategy

as long as Jed McCaleb is still selling in large amounts, the price will remain low until his reservoir starts to deplete