Hard to say isn’t it, when September 12th comes Cardano will be fully operational so it will be interesting to see what price affect it has.
Forecast is to between $10 to $20 this cycle but it’s only a forecast at the end of the day.
Binance have provided all the info to be signed off by the FCA according to reports today which is good news.
Did everyone catch this news earlier in the week? https://www.bloomberg.com/news/articles/2021-08-23/cryptopunk-nft-prices-visa-buys-digital-avatar-7610-for-150-000-in-eth
Yes, that’s right, Visa have bought a Crypto Punk NFT for $150,000. MC is going to love this!
Amps In terms of buying currency or NFTs?
For currency it appears Binance are back in the game after complying will all of the stipulations from the FCA, so for absolute choice I would go there.
Other exchanges include Coinbase, KuCoin, crypto.com, there are literally loads of them.
If you are a big player and want to buy OTC, I can recommend GlobalBlock.co.uk based in London.
Check out this artwork you can buy for $15mil, the letter T on a burgundy background…absolute bargain!
Tulip mania.
(He says because he’s salty no one bought his ‘I’m rich’ white text on a black background jpg for 100 ETH)
Amps Not really, from time to time they suspend withdrawal, but all centralised exchanges do at some point.
Binance have the easiest app to use with the most cryptos listed, not saying they are most ethical or are squeaky clean, but hey we are talking money here, name me one bank that hasn’t been done for dodgy dealings
Hursty Oh the banking sector is cunts-a-go-go, no doubt, but I was just wondering if anywhere had become a proper s-werve in recent weeks when it came to purchases and transfers etc.
Have a small amount on investable cash at the moment and struggling to decide where to put it: crypto / shares / under the bed///…
Amps Apart from Binance having to comply with some findings by the FCA which they have done, nothing else much going wrong. Coinbase are about as reputable as any exchange, but not sure on their fees.
Investing in crypto is always a dilemma, do you believe Bitcoin is No1 and will be always, only ever 21 million so the price will go up regardless as it has done in the last decade, or do you favour the next generation layer 1 chains which do not rely on mining? Layer 1s like Atom, Sol and Cardano are all solid investments to be fair.
As for Layer 2, take you pick, loads of great projects out there destined to be huge
Having been completely compromised by Binance during my only foray into the world of Crypto, I would suggest going with a different platform
LOL, MORANS.
This is the issue with crypto, the on-ramps are painful and not easily understandable, but to be fair, so its Trading212.
Revolut and Paypal are making it easier, but the issue is, you don’t technically own the asset, so it has inherent risk as you cannot transfer to a personal wallet for safe keeping.
When I go back in I am going to ensure I understand it all a bit more. Not for now
‘Cryptoassets’ by Chris Burniske and Jack Tatar is an excellent read and a great intro to all things crypto
Nice one Wally - will take a look
Those of you holding ADA and have it staked.
Are you just leaving it staked for long periods without claiming your rewards or claiming the reward then re-staking?
Where are people staking their coins? Any recommendations?
Hoping to Christ that’s a fake AITA.
Worth a read and a follow - this ‘rookie’ is the director of global macro economics at Fidelity
People on the Cardano forum on reddit are saying ADA smart contracts can’t support defi applications because they only allow one transaction per block to process at once (so a concurrency issue) ?
TBF, this is a testnet thing rather than production but people seem to be just yelling that rather than explaining the solution.
Yeah it’s just the usual fud, check the vid from Charles he posted before
This thread might be of help also..
It’s interesting stuff - however
‘ We’ll publish a blog early this week to help explain the technical choices and why we believe this approach is preferable (even if it challenges a paradigm established on the account based model that developers are familiar with.’
While I admit I’m not a blockchain or crypto developer, I do have two decades of triple A gamedev behind me so I can reasonably confidently say that them saying something is better doesn’t necessarily make it so and doing things that make things harder for developers is not a good idea.
If they were the number one blockchain tech, changing something would be a hard enough sell. Doing it while playing catch up sounds insane to me.
Wwwwwwwweeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
The crypto rollercoaster flies down!
What happened today? Missed the rock bottom but got stuck in a couple of hours ago
BTC longs getting taken out before a big move north bound
El Salvador adopted bitcoin as a national currency. This threatens banks so they caused a mass sell off as a fuck you. (Apparently)
Looks like more of the same today.
The fun and games of crypto investing.
Pile in now or reckon it will keep tanking?
half now and half later?
We dropping pills or investing? 
Euphoric highs and suicide Tuesdays. It’s hard to tell them apart sometimes lol
This made me chuckle, for a number of reasons;
Inside the cult of crypto | Financial Times (ft.com)
