Official Bitcoin Thread

johnnyredstorm said:
Flow can create a niche in the centralized collectibles market but not being able to leave the marketplace prevents composability and limits utilities. If they can create a wallet experience that is similar to Ethereum, Tezos, Solana, they could do very well with onboarding new people. Otherwise, it’s just a place to buy pictures and nothing more.
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Could you explain what you mean by not being able to leave the marketplace? I haven't used the other wallets mentioned so I'm not familiar with them.

I've only used blocto wallet but I know you can transfer TopShot moments from dapper to blocto now and sell on blocto bay MP for Flow. You can also trade moments for NFTs via Schwap as well.
Not sure if that's what you meant though. I'm new to this space so just trying to learn.
 
interesting read on why you should own bitcoin (i own none)

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Haven't looked at anything crypto related in the last few days. Gotta say it's felt pretty good.

Good time to still dca into Bitcoin. Just don't get caught up in all the "Bitcoin to 100k by November" bs like we had last year if that happens again.
 
Mainly just in to blue chips right now.

I treat defi like I'm playing the nickle machines at the casino nowadays.

Lot of people still blowing their loads over DAG. Then again, a lot of people were doing the same over Strong not so long ago.
 
mplsdunk said:
Def been off crypto. Idk what I want to get into at the moment besides blue chips.
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I'm looking into defi plays that spin into larger, yet unrealized tradfi platforms like derivatives, hedge funds, etc. TRYING to think of names that could benefit from more tradfi money flowing into crypto. Options and futures trading is next up imo.

Dopex is my favorite for a derivatives platform right now, though I haven't bought in yet (waiting to see some sort of trend reversal on BTC and ETH both).

Will they survive? Who knows. But mass adoption of options and futures trading is coming, from institution and retail players. Hopefully the rising tide lifts this ship.
 
noskey said:
I'm looking into defi plays that spin into larger, yet unrealized tradfi platforms like derivatives, hedge funds, etc. TRYING to think of names that could benefit from more tradfi money flowing into crypto. Options and futures trading is next up imo.

Dopex is my favorite for a derivatives platform right now, though I haven't bought in yet (waiting to see some sort of trend reversal on BTC and ETH both).

Will they survive? Who knows. But mass adoption of options and futures trading is coming, from institution and retail players. Hopefully the rising tide lifts this ship.
Click to expand...

That sounds like a good plan to me. I’m gonna look into it.
 
a draft of proposed crypto regulation is out. it’ll be really interesting to see what passes and what gets changed. make no mistake though, some form of regulation is coming. i’m thinking that if this passes anywhere close to what this draft proposes, and once they start enforcing the regulations, the market might take a huge hit and many projects will have to adapt or fall. the compliant ones will rise after time.

one of the the biggest questions will be: is ETH a commodity or a security?

 
Commodity but I think a lot of the guys writing them are btc maxi so I think they only are about btc.
 
Best thing you can do right now is create a footprint for airdrops

Go use optimism, Arbitrum, zkSync, StarkNet

Play around with protocols without tokens

Olimpiocrypto is one of the best accounts to follow for that alpha (as well as the discord for it)
 
Y'all still setting up nodes and slinging ****coins on these crypto streets ??? Half this thread was hype for free money... Y'all was ready to retire and live in DR on a 880 dollar fixed income... 😂

The bear market will end soon. The bull will return when everyone is wiped out .
 
I'm still here learning as usual. While the market is boring,
I'm learning how to read charts then will take that knowledge and try a bit of leverage trading with like a $100 while we're stuck in this range for BTC.

I'm just sad I can't DCA hard into the coins I want.

stuntman mike said:
past month i took a damn beating but i’m still here. consolidating what i can by taking some puny remains and putting it all on one coin.

D Double D Double i’m gonna ride it to zero or fly to valhalla. nothing in-between lol.
Click to expand...


I love ID but damn, no ETH or BTC?
 
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