Crypto Currency - Believers Only
So far I’ve made £4 on DOGE here lads.
Jungle VIP
I’m about £50 up overall from last week’s investments
LT42 Interesting stuff but he only really answers the ‘What do people use it for right now?’ question for a few seconds with the 50K hotels and wine mentioned (so basically, not much). The rest is spent discussing technical stuff and why it’s better than Ethereum (but not out yet) or their digital ID project in Ethiopia (which is interesting for sure).
It’s interesting that it supports Haskell and other programming languages rather than just solidity. That could certainly get developers interested in things. The lower the barrier of entry, the better but I think it’s more likely that developers will release across multiple block chains if they need to (in the same manner as android / iPhones have the same apps and most games are released all consoles) rather than picking one. Sure you’ll get some exclusive apps only available on Cardano but there will be an Ethereum equivalent.
It may very well be a success in the future. He says himself, check it out when smart contracts come out. But right now it’s got a distinct vapourware feeling about it imo. Still, always happy to be proved wrong.
- Edited
https://iohk.io/en/blog/posts/2021/05/17/bringing-erc20-to-cardano/
This blog explains the ERC-20 token converter that Cardano is releasing to port across Ethereum dApps to the Cardano network.
I think both are good investments, Ethereum is more of a launch the code and fix after, Cardano is the opposite, get it right first time….problem is it takes longer…but long term the gains are more fruitful.
Look at it this way, 2X for Eth is $3500 to $7000 per coin….ADA is $2 to $4 currently, not that difficult imo.
Good morning JC! How are we on this gorgeous day.
Oh! Silly me! I’ve not checked my crypto wallet this morning. Please excuse me.
…
…
…
…
<gunshot>
Kidding. In it for the long haul. Buy the dip.
The real money in my actual wallet looks the same as it did yesterday Wal 
Still finding the bottom, normal correction as part of a healthy bull market.
If we sink past 50% from the top…something is up. Let’s wait and see!
You do realise loads of gullible kids brought in near the top. This is not a healthy correction for them. It’s a huge loss.
- Edited
Hursty Ether has fallen 25 to 35% four times this year since Feb. Obviously this is the biggest in fiat money terms but I’m in agreement and my reason for buying in (I believe in the blockchain tech and Ethererum) hasn’t changed so no paper handing here. Cost average your way down. Laugh all the way to the magic bean bank in 6 months when it’s hitting new ATH.
Going to put 1k in Ether, but cant see an each way option.
Am I better off using William Hill?
You know lads, I’m beginning to think Cyril isn’t a true believer.
benson What top? Its a trading market, there are ups and downs in any market, we are talking about such short time periods here. The top is nowhere near.
The old adage always plays out, everyone wants to get rich but most will lose. All the information and statistics are there to help but people don’t want to do their research.
Its the same with the stock market.
Come on bro’s, have bought an e-scooter and everything.
Any juicy tips?