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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 replied to this.

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

      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

      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.

        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 replied to this.

          Hursty Cardano launched in 2017

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

            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 replied to this.

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

              “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

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

                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%)

                  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.

                  • LT42 replied to this.

                    I use a Paul Smith wallet.

                    Not flashy, durable and easy to operate

                      Hursty ah right, is it easy to transfer my stuff over to Eternl?

                        bosstrabs
                        Damn right.

                        It’s for my FIAT currency and magic motherfuckin beans only

                        LT42 yeah for sure, much easier, it’s only for Cardano native assets though, meaning any asset built on the Cardano blockchain like ADA, WMT, MIN, REVU

                        Its all a mystery to me, Hursty, but I’ll work it out somehow. I’ll be back if I hit a wall!

                        a month later
                        11 days later

                        Who’s got severe FOMO then?

                        BTC mooning, coin bros back in action, MC will be livid!

                          24 days later

                          All over for FIAT when the FED get the printing presses brrrrrring again, MC.

                            bosstrabs https://fred.stlouisfed.org/series/M2SL

                            You knows it Dave, look at that curve! Inflated to death, following the same road as every other fiat currency while transferring wealth and prosperity to the masses. Genius

                            Not heard of cryptgpt, i’m more interested in Telcoin who have just launched the start of their EU on/off ramp for global remittances, and Revuto who are launching a blockchain based subscription app.

                            Also my Bitcoin DCA savings account is doing wonderfully well

                              Hursty You knows it Dave, look at that curve! Inflated to death,

                              To be meaningful, that curve needs to be shown alongside increases in real output in the economy.

                              Is everyone looking forward to CBDCs then? Central goverment control over who, what and when you can spend your hard earned currency or borrow, sounds like great fun!

                              #ProjectIcebreaker

                              Lol

                              Actually, depends what Elon thinks

                              Lol

                              This crypto seems like some craic, which one is authorised and regulated by a nation not including the democratic people’s republic of congo and accepted as legal currency in a first world country somewhere on our planet? Or are they all?

                                -si-
                                I have a Pen Pal in Nairobi who can help you with this Si

                                -si- Its the trillion dollar scam mate, stay well clear

                                a month later

                                Signed up to the coinbase debit card, you can spend you’re crypto directly with it instead of having to convert to fiat and get the 1% reward of eth or 1.5% of btc every time you use it. It’s better than the crypto.com card as in giving crypto an actual use so there ya go mono!

                                I’ve some ETH staked now at these levels you get 4.67% back annually but it sends the reward every 3 days don’t have to hold for a year like an ISA. Only good if you are confident crypto is near the bottom and isn’t a scam so not financial advise as it seems there isn’t many believers left on here!

                                  Visa have introduced their own version of gas free transactions to ETH. Could be worth keeping hold of ETH for a bit longer if Visa are going to start getting into it big time.

                                  Funky you can spend you’re crypto directly with it instead of having to convert to fiat

                                  How does that work then? Surely the merchant would need to accept crypto?

                                    I converted my Crypto to FIAT by literally trading half a Bored Ape for his Punto.