Crypto Currency - Believers Only

Funky

Getting close. A lot will be burnt at the launch.

RichM

Mad_Cyril i thought you were supposed to lose money not make money with crypto? That’s been my tactic and that has been very successful so far.

Hursty

RichM buy high, sell low, never forget

deadhead

Buy now, hold for ₂ years and sell

LT42

Very slow burn with Cardano, Hursty? Or maybe I don’t understand enough about the platform.

Hursty

LT42 In terms of price action or platform development? DJED stablecoin is being launched this month which will be a big step forward. In terms of dApps, there is lots going on, its just a case of when not if the price will recover

Same with Telcoin, they are nailing it with regards to the regulatory aspect, both senators involved have been appointed to new positions, Mike Flood will serve on the House Financial Services Committee and Julie Slama on the Banking, Commerce, Insurance committee for Nebraska. DeFi self-custody of assets is a big selling point post SBF carnage

LT42

Hursty Yeah more about the platform itself. I guess these things take time so.

Hursty

LT42 For sure, the last big upgrade to enhance the smart contract capabilities wasn’t too far back so I’m expecting some big developments and launches this year.

Slow and steady is their mantra, which isn’t always in sync with the crypto market. The Github repositories are very active which is a good measure of future success

LT42

I was thinking after they launched a year or so ago that it would be a 5 year project of work before we start to see some real differences to the landscape, its just there were people (could be bots) on social media claiming the world had changed with Cardano/ADA, they’ve been silent of late.

Hursty

LT42 Cardano launched in 2017, its been a very slow development process, but on purpose, lots of testing and reviewing to ensure the output is a platform which can last for decades, also one which any developer can build upon regardless of their language proficiency

We will see, I’m still backing it

LT42

Hursty Cardano launched in 2017

Didn’t it go “Live” or something in Aug/Sep of 21? I remember you getting excited for it.

Hursty

LT42 That was the Plutus upgrade, essentially the smart contract era, this was upgraded again at the back end of last year to bring performance enhancements, so yeah, big things expected this year and next otherwise it could struggle

LT42

Hursty Yeah it was the move to smart contracts, doh! Shows how much I know, Hursty.

hugopal

“Founders Fund, the venture capital firm co-founded by billionaire Peter Thiel, closed almost all of its eight-year bet on cryptocurrencies shortly before the market began to crash last year, generating about $1.8bn in returns.”

“ In April 2022, about the same time that Founders Fund sold out of most of its cryptocurrency holdings, Thiel said he was optimistic about the future of bitcoin. He told a cryptocurrency conference in Miami that “we’re at the end of the fiat money regime” and suggested its price — which was then trading at about $44,000 — could increase by a factor of 100.”

Lol.

https://www.ft.com/content/0a1d5597-7145-4035-987b-ff033bba3d75

bosstrabs

hugopal Why isn’t FIAT written in upper case?

Mad_Cyril

bosstrabs
Hugo clearly has HIS SNOUT IN THE TROUGH

Morty-C-137

Accurate..

bosstrabs

This video clip will go down as a historic artifact of the worst insanity of humans…

Morty-C-137

Grifters

LT42

Hursty, do you have any experience with Daedalus? Does it normally take hours on end to sync with the cardano blockchain when trying to look at your Stake details? the software has been running for about 3 hours now and it’s at 83% (starts syncing around 80%)

Hursty

LT42 yes that is normal behaviour because it’s essentially a full Cardano node you are spinning up. It takes time as it’s downloading the whole blockchain since the genesis block.

If I was you I’d use a lightweight wallet like Eternl, much less hassle.

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