Bitcoins - about to hit $5,000 per coin today!

[Bindare_Dundat]

Weekly closes in 2 days.

Massive dump inbound before then? After that 🚀

42k range is possible, you figure?

Edit. Are you seeing a pattern here man? 51k small dump, 51k small dump. I think the btc you guys were talking about earlier is being dumped a bit at a time?

[OneMoreRep]

$MATIC going parabolic, 3 days ago it opened in the $0.80's range, now it's in the mid $1.70s.

"1"

[Bindare_Dundat]

$MATIC going parabolic, 3 days ago it opened in the $0.80's range, now it's in the mid $1.70s.

"1"

Awesome man! Cardano ripping now too.

[El Diablo Blanco]

So what’s the deal with all of these coins? Now it’s just become a massive ponzu scheme.  New coins come out and are worth billions in market share.  It’s beanie baby mania.

[Flexacon]

Co creator of doge coin calls Elon Musk a self absorbed grifter.

Lmao.

Grifter=swindler

Good job guys, good job.

Doge, the fiat currency of crypto.

Keep him away from cardano,

That guy sold all his Dogecoin to buy a car like 5 years ago. I'd be salty as fuck too if I were him.

Musk has been working with the current developers since 2019 trying to make doge more efficient and greener. He offered them funding, but they declined (doubt  they need the money). None of it sits right with me, but neither did bitcoin. Gonna have to hodl a bit just in case.

[Bindare_Dundat]

That guy sold all his Dogecoin to buy a car like 5 years ago. I'd be salty as fuck too if I were him.

Musk has been working with the current developers since 2019 trying to make doge more efficient and greener. He offered them funding, but they declined (doubt  they need the money). None of it sits right with me, but neither did bitcoin. Gonna have to hodl a bit just in case.

If you believe that he was working with developers since 2019......

[Zillotch]

Diem Announces Partnership with Silvergate and Strategic Shift to the United States

https://www.diem.com/en-us/updates/diem-silvergate-partnership/

'Washington, D.C. – The Diem Association is pleased to announce a partnership between its wholly-owned subsidiary, Diem Networks US, and Silvergate Capital Corporation (NYSE: SI). Under this partnership, Silvergate Bank (“Silvergate”) will become the exclusive issuer of the Diem USD stablecoin.'

'Silvergate is a California state-chartered bank and a member of the Federal Reserve, and Diem Networks US will register as a money services business with the US Department of the Treasury’s Financial Crimes Enforcement Network.'

[Mayday]

42k range is possible, you figure?

Edit. Are you seeing a pattern here man? 51k small dump, 51k small dump. I think the btc you guys were talking about earlier is being dumped a bit at a time?

Yeah something like that but only a wick down low then a close around 46k+ From the bounce.

ETH is unwinding even before anything has happened which tells me people are getting ready for a big dip.

In these pullbacks we generally see the last day get nuked l which is what creates the strong rebound.

It took 4 weeks to go from 19k to 41k. It took 3 weeks to go from 32k to 57k.

My model is still in play, even if I’m 1-2 weeks early on dates I’m not going to beat myself up about it.

[obsidian]

Co creator of doge coin calls Elon Musk a self absorbed grifter.

Lmao.

Grifter=swindler

Good job guys, good job.

Doge, the fiat currency of crypto.

Keep him away from cardano,

Well I guess it is Cardano's time to pump. Damn it is on a roll!

[Bindare_Dundat]

Well I guess it is Cardano's time to pump. Damn it is on a roll!

Just keep Elon as far away as possible.   

wait til August for smart contracts. Lots of projects waiting to roll. This thing will fucking explode. Everything is lining up beautifully.

[obsidian]

Just keep Elon as far away as possible.   

wait til August when smart contracts roll out. This thing will fucking explode. Everything is lining up beautifully.

Just wish Charles Hoskinson was more likeable. I don't like his smack / trash talking. He apparently lacks people skills and is not well liked in the industry and gets into fights with almost everyone.

There are also questions surrounding the initial ICO in Japan and rumors that investors were swindled.

Charles and his buddies hold 20% of the ADA supply - similar to the Doge whales.They literally have billions of ADA.

Vitalik Butrin for example only holds .28% of ETH.

How is Cardano not a security per the SEC test?

[obsidian]

Anyone staking Cardano? If so where and what APR are you getting?

From this thread it seems like people are not getting any rewards unless they have over a million ADA.

https://www.reddit.com/r/cardano/comments/n8jpz5/i_finally_understand_the_power_of_cardano/

"I pursued setting up a stake pool. I got it up and running but after doing the research I realized in order to really make it worthwhile I’d have to put a lot of work into promoting, marketing, etc. I closed it down but the silver lining is I got to really understanding staking and the advantages of one pool over another... and here it is: in the end, it all really balances out the same. A pool with 30m delegated will make you the same as a pool with 30k delegated. However, the pool with 30m delegated will earn you rewards daily, whereas you may go for months without earning one single ada with a 30k pool. However, when you do finally get a reward, it will be a substantial one. I guess the advantage of delegating to a large pool is that you earn rewards daily so you know the pool is up and properly running. The advantage of delegating to a smaller pool is you are supporting a small business. I’d suggest if you delegate to a smaller pool then it’s a benefit that you actually know the person running it so that you can be confident they know what they are doing. There are other minor variables like fees which the stake pool operator can adjust to reward themselves more ada for each block mined, but the amount turns out to be rather insignificant to the delegator unless you have delegated a massive amount of data. If you haven’t visited pooltool.io then that is a good resource with more info about stake pools."

[Bindare_Dundat]

Just wish Charles Hoskinson was more likeable. I don't like his smack / trash talking. He apparently lacks people skills and is not well liked in the industry and gets into fights with almost everyone.

There are also questions surrounding the initial ICO in Japan and rumors that investors were swindled.

Charles and his buddies hold 20% of the ADA supply - similar to the Doge whales.They literally have billions of ADA.

Vitalik Butrin for example only holds .28% of ETH.

How is Cardano not a security per the SEC test?

C'mon man, you think the cofounder of Ethereum hasn't figured this stuff out? He is way ahead of the curve.
 The whole point of creating Cardano was to make  a better Ethereum and he did. 

 All I care about is that he doesn't do something stupid and screw my investment with ridiculous tweets for example.
 
I dont know anything about the other claims your making.

[obsidian]

https://financefeeds.com/ripple-puts-sec-to-shame-in-latest-legal-round/

[Bindare_Dundat]

Anyone staking Cardano? If so where and what APR are you getting?

From this thread it seems like people are not getting any rewards unless they have over a million ADA.

https://www.reddit.com/r/cardano/comments/n8jpz5/i_finally_understand_the_power_of_cardano/

"I pursued setting up a stake pool. I got it up and running but after doing the research I realized in order to really make it worthwhile I’d have to put a lot of work into promoting, marketing, etc. I closed it down but the silver lining is I got to really understanding staking and the advantages of one pool over another... and here it is: in the end, it all really balances out the same. A pool with 30m delegated will make you the same as a pool with 30k delegated. However, the pool with 30m delegated will earn you rewards daily, whereas you may go for months without earning one single ada with a 30k pool. However, when you do finally get a reward, it will be a substantial one. I guess the advantage of delegating to a large pool is that you earn rewards daily so you know the pool is up and properly running. The advantage of delegating to a smaller pool is you are supporting a small business. I’d suggest if you delegate to a smaller pool then it’s a benefit that you actually know the person running it so that you can be confident they know what they are doing. There are other minor variables like fees which the stake pool operator can adjust to reward themselves more ada for each block mined, but the amount turns out to be rather insignificant to the delegator unless you have delegated a massive amount of data. If you haven’t visited pooltool.io then that is a good resource with more info about stake pools."

Im staking and I receive awards, and you dont need a million ADA. I get around 5%.

The minimum amount you need to stake is 5 ADA. You can exit a pool at any time.

Your returns depend on what pool you're in, saturaton, pool fee, etc... its outlined fairly well in that post.

 I guess Im supposed to pull out and leave my money in a bank after reading that?

Im good, thanks .


On another no,te Cardano is absolutely killing it today.

[obsidian]

C'mon man, you think the cofounder of Ethereum hasn't figured this stuff out? He is way ahead of the curve.
 The whole point of creating Cardano was to make  a better Ethereum and he did. 

 All I care about is that he doesn't something stupid and screw my investment with ridiculous tweets for example.
 
I dont know anything about the other claims your making.

I can earn 6% APR with my Ethereum.

I'll want to earn more ADA with my holdings. Where can this be done. If staking ADA is a matter of luck and no guaranteed reward what's the damn point in that? then their staking method is messed up. Unless I am missing something here. From the link I posted earlier it appears staking ADA is not straightforward.

[obsidian]

Im staking and I receive awards, and you dont need a million ADA. I get around 6%.

The minimum amount you need to stake is 5 ADA. You can exit a pool at any time.

Your returns depend on what pool you're in, saturaton, pool fee, etc... its outlined fairly well in that post.

 I guess Im supposed to pull out and leave my money in a bank after reading that?

Im good, thanks .


On another no,te Cardano is absolutely killing it today.

Where are you staking it?

[obsidian]

https://investorplace.com/2021/05/why-you-dont-want-cardano-at-10/

$10 ADA Might Mean $30,000 Bitcoin

As you know, the difference between the current rally and the prior one is the institutional investor. Namely, more of Wall Street’s alpha dogs are moving into Bitcoin. But they’re arriving at the party late compared to crypto advocates, who have been piling in at much lower prices.

Therefore, if we see a rotation out of Bitcoin to Cardano and other altcoins, the BTC price will suffer. If BTC suffers too much, though, it might trigger the institutional players’ stop-loss or stop-limit orders. That could send the entire crypto market falling.

So yes, it’s possible to see ADA at $10 or even higher. But you might want to consider what that might imply before you get too excited.

[Bindare_Dundat]

Where are you staking it?

Through the Daedalus Wallet. It has a category for all the staking pools and all the info for, cost, and returns as well as the web page for those running that particular staking pool are found there. Awesome wallet.

[Bindare_Dundat]

https://investorplace.com/2021/05/why-you-dont-want-cardano-at-10/

$10 ADA Might Mean $30,000 Bitcoin

As you know, the difference between the current rally and the prior one is the institutional investor. Namely, more of Wall Street’s alpha dogs are moving into Bitcoin. But they’re arriving at the party late compared to crypto advocates, who have been piling in at much lower prices.

Therefore, if we see a rotation out of Bitcoin to Cardano and other altcoins, the BTC price will suffer. If BTC suffers too much, though, it might trigger the institutional players’ stop-loss or stop-limit orders. That could send the entire crypto market falling.

So yes, it’s possible to see ADA at $10 or even higher. But you might want to consider what that might imply before you get too excited.

Its ok bro. You can still buy more Cardano, its not out of reach and its a win. 

You can thank your buddy Elon for putting a knife into proof of work but now you wanna suggest  ADA will be the potential  downfall of BTC? please.

Next correction, ill grab more.

[Bindare_Dundat]

I can earn 6% APR with my Ethereum.

I'll want to earn more ADA with my holdings. Where can this be done. If staking ADA is a matter of luck and no guaranteed reward what's the damn point in that? then their staking method is messed up. Unless I am missing something here. From the link I posted earlier it appears staking ADA is not straightforward.

Go for it man. Theres no harm in staking, its not locked up. If arent happy for whatever reason, take itout, sell it and move on.

Good luck dude.

[Bindare_Dundat]

.

[Flexacon]

C'mon man, you think the cofounder of Ethereum hasn't figured this stuff out? He is way ahead of the curve.
 The whole point of creating Cardano was to make  a better Ethereum and he did. 

The whole point of Cardano was Charles making sure he got paid. Nothing wrong with that and it doesn't mean it's not a good project, but let's try keep it real.

[Flexacon]

https://investorplace.com/2021/05/why-you-dont-want-cardano-at-10/

$10 ADA Might Mean $30,000 Bitcoin

As you know, the difference between the current rally and the prior one is the institutional investor. Namely, more of Wall Street’s alpha dogs are moving into Bitcoin. But they’re arriving at the party late compared to crypto advocates, who have been piling in at much lower prices.

Therefore, if we see a rotation out of Bitcoin to Cardano and other altcoins, the BTC price will suffer. If BTC suffers too much, though, it might trigger the institutional players’ stop-loss or stop-limit orders. That could send the entire crypto market falling.

So yes, it’s possible to see ADA at $10 or even higher. But you might want to consider what that might imply before you get too excited.

If bitcoin starts dropping to 40k or below then people will see it as great opportunity to buy. They'll cash out altcoin profits and dump it back into bitcoin.

[Bindare_Dundat]

The whole point of Cardano was Charles making sure he got paid. Nothing wrong with that and it doesn't mean it's not a good project, but let's try keep it real.

Lol touche