1. #141
    eddycash
    eddycash's Avatar SBR PRO
    Join Date: 11-06-13
    Posts: 4,499
    Betpoints: 15930

    Quote Originally Posted by shadymcgrady View Post
    Is anyone here staking eth? I considered it but the overall direction seemed vague and shady at the very least. Also the penalties for things out of control such as power outage or interrupted internet connection could be subjective bordering on outrageous
    I don't trust Vitalik and think this Eth pump is just all based on speculation for Eth 2.0. I wouldn't stake it and would actually plan on exiting it for more BTC before 2.0 becomes active.
    Points Awarded:

    shadymcgrady gave eddycash 1 SBR Point(s) for this post.


  2. #142
    shadymcgrady
    shadymcgrady's Avatar Become A Pro!
    Join Date: 02-27-12
    Posts: 10,036
    Betpoints: 2978

    Quote Originally Posted by eddycash View Post
    I don't trust Vitalik and think this Eth pump is just all based on speculation for Eth 2.0. I wouldn't stake it and would actually plan on exiting it for more BTC before 2.0 becomes active.
    Couldn't agree more. The tech is outstanding, the leadership and direction not so much

  3. #143
    bigtymer56
    bigtymer56's Avatar SBR PRO
    Join Date: 07-31-12
    Posts: 4,738
    Betpoints: 9059

    Quote Originally Posted by eddycash View Post
    I don't trust Vitalik and think this Eth pump is just all based on speculation for Eth 2.0. I wouldn't stake it and would actually plan on exiting it for more BTC before 2.0 becomes active.
    Luckily had some before the staking frenzy picked up. Think if you stake your Eth its locked until ETh 2.0 releases. No thanks. Could be years before that happens. Not sure if ill buy anymore now...but with the hype and the fact it seems like 90% of the shitcoins and DeFi apps are built on Eth, Ill hold what I have. Messing around with Uniswap has been fun....until the fees went crazy.

  4. #144
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    Quote Originally Posted by ChuckyTheGoat View Post
    Raiders, appreciate you sharing your insights. A few questions (and some may be dumb):

    1) Does Ethereum process just like Bitcoin? I haven't bought ETH yet.
    2) Is buying Ethereum akin to diversifying your portfolio?
    3) Is there any scenario where BtC and ETH move in opposite directions? If so, what would that scenario be?
    4) The Winkelvoss Twins called ETH "digital oil". WTF does that mean? And is that a good analogy?

    Thx for any insight.
    There are two big players, BTC and ETH. Those two should be your major holds. I'm not exactly sure of what they meant by digital oil.

    Ethereum is similar to bitcoin in that they were both proof of work to confirm. Ethereum is switching over to proof of stake. Other than that, they are much different. Bitcoin is simple and is more of a store of value. ETH uses smart contracts and was made to compliment BTC. Ethereum keeps evolving and projects can be built upon the Ethereum chain.

    All ERC-20 tokens are built on the Ethereum chain. A site such as Uniswap makes it easy to exchange ERC-20 tokens, many of which can't be traded on other exchanges. Small fortunes have been made recently with DeFi coins. Many of the DeFi coins are built on ETH. ETH has boomed when some of the DeFi coins were launched.

    At one time there was an inverse relationship between BTC and ETH when it did look like ETH would be a BTC competitor, but that no longer exists. Now they pretty much move together. During bull runs BTC will move first.

    The ETH upgrade is going to bring in big institutional investors. CME will have ETH futures contracts in February.
    Last edited by raiders72001; 01-05-21 at 02:52 AM.
    Points Awarded:

    ChuckyTheGoat gave raiders72001 6 Betpoint(s) for this post.


  5. #145
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    February 8th CME will launch ETH futures. https://www.cmegroup.com/media-room/...uary82021.html

  6. #146
    clockwise1965
    clockwise1965's Avatar Become A Pro!
    Join Date: 10-01-13
    Posts: 6,751
    Betpoints: 18366

    Never had any bitcoin. I run bad.

  7. #147
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    ETH the only money maker of the top coins today. As always, wait for dips.

    Points Awarded:

    ChuckyTheGoat gave raiders72001 700 Betpoint(s) for this post.


  8. #148
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    Quote Originally Posted by ChuckyTheGoat View Post
    Would like to make next contestant = raiders72001. Guy provides great Crypto insight.

    Target = 35,000.
    ...If we can get there by WED 1159pm Eastern, +350.
    ...If we get there by Tues 1159pm Eastern, 2x +700.
    ...And if we get there by MON 1159pm Eastern, 4x +1400.
    Chucky, no one has been hotter than you. Let's get to $35k.
    Points Awarded:

    ChuckyTheGoat gave raiders72001 2 Betpoint(s) for this post.


  9. #149
    mattyicey
    mattyicey's Avatar Become A Pro!
    Join Date: 03-03-20
    Posts: 462
    Betpoints: 2066

    Anybody here interested in Polkadot

  10. #150
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    Quote Originally Posted by mattyicey View Post
    Anybody here interested in Polkadot
    Huge upside to Polkadot because of DeFi. May be a good handcuff with ETH. Of the so called ETH killers, this is one of the better ones.

  11. #151
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    Here's another thing about ETH
    Dominance:BTC 67.1%
    ETH 13.6%
    ETH Gas : 93 gwei
    BTC dominance is 67% which is good news for BTC. ETH dominance is 11%. The gwei is gas which is used to make an ETH transaction. It's very high right now around $17. The bad news is that the more gas you pay, the faster your transaction will be confirmed. Jumping the line causes problems when you are trying to swap ERC-20 tokens at Uniswap. It also angers people. When you use a wallet such as MetaMask, you can add gas to quicken the confirmation. The ETH upgrade will get rid of jumping the line with a higher fee.

  12. #152
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    $31.6k
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: MOBIL19

  13. #153
    MOBIL19
    MOBIL19's Avatar Become A Pro!
    Join Date: 07-31-20
    Posts: 798
    Betpoints: 222

    Quote Originally Posted by Sam Odom View Post
    $31.6k
    Amazing times, we live in!
    Points Awarded:

    ChuckyTheGoat gave MOBIL19 360 Betpoint(s) for this post.


  14. #154
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    There are a few noticeable absences lately Am sure they will be back but hopefully not soon
    Points Awarded:

    raiders72001 gave Sam Odom 2 Betpoint(s) for this post.


  15. #155
    milwaukee mike
    milwaukee mike's Avatar SBR PRO
    Join Date: 08-22-07
    Posts: 26,906
    Betpoints: 7585

    Quote Originally Posted by raiders72001 View Post
    Here's another thing about ETH

    BTC dominance is 67% which is good news for BTC. ETH dominance is 11%. The gwei is gas which is used to make an ETH transaction. It's very high right now around $17. The bad news is that the more gas you pay, the faster your transaction will be confirmed. Jumping the line causes problems when you are trying to swap ERC-20 tokens at Uniswap. It also angers people. When you use a wallet such as MetaMask, you can add gas to quicken the confirmation. The ETH upgrade will get rid of jumping the line with a higher fee.
    you understand it a lot more than i do

    but i have always felt that cryptos can be their own worst enemy, if there is too much usage/transactions, then they become less useful because the fees and confirmation times get wacky, and then newer investors get turned off... nobody wants to pay $17 and wait 2 hours for a $100 transaction to go through

  16. #156
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    Quote Originally Posted by milwaukee mike View Post
    you understand it a lot more than i do

    but i have always felt that cryptos can be their own worst enemy, if there is too much usage/transactions, then they become less useful because the fees and confirmation times get wacky, and then newer investors get turned off... nobody wants to pay $17 and wait 2 hours for a $100 transaction to go through
    I agree 100%. Hopefully the upgrade will solve the problem.

  17. #157
    Inspirited
    Inspirited's Avatar SBR PRO
    Join Date: 06-26-10
    Posts: 1,783
    Betpoints: 17876

    Some say nano is the answer as far as p2p cash is concerned.

  18. #158
    pablo222
    pablo222's Avatar SBR PRO
    Join Date: 01-03-19
    Posts: 8,813
    Betpoints: 25594

    Quote Originally Posted by Sam Odom View Post
    $31.6k
    $34.3k
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: ChuckyTheGoat

  19. #159
    JoeCool20
    SBR Poker is ALL Freakin Wild Donk Luck!
    JoeCool20's Avatar Become A Pro!
    Join Date: 05-31-18
    Posts: 4,440
    Betpoints: 727

    Quote Originally Posted by pablo222 View Post
    $34.3k
    This is the wildest thing I have ever seen. How high will it go? I don't even get to be involved in it because

    if I bought any B-TC, then as soon as I got drunk (or even when I was sober!) I'd immediately send in my

    BT-C to an online casino and gamble with it.

  20. #160
    eddycash
    eddycash's Avatar SBR PRO
    Join Date: 11-06-13
    Posts: 4,499
    Betpoints: 15930

    im hoping for $36k-$37k this week let's goooooooooooooooooooo!

  21. #161
    ouzoun
    ouzoun's Avatar Become A Pro!
    Join Date: 10-21-12
    Posts: 321
    Betpoints: 9200

    Heading North. New target, 40k$.

  22. #162
    pablo222
    pablo222's Avatar SBR PRO
    Join Date: 01-03-19
    Posts: 8,813
    Betpoints: 25594

    $35,363.00

  23. #163
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,556
    Betpoints: 24911

    Quote Originally Posted by pablo222 View Post
    $35,363.00
    OMG. Raiders +700.

  24. #164
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,556
    Betpoints: 24911

    Threatening an extra 1000, b4 u can sneeze!

  25. #165
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,556
    Betpoints: 24911

    Raiders, for you:

    "The Autumn Wind...is a pirate."


  26. #166
    pablo222
    pablo222's Avatar SBR PRO
    Join Date: 01-03-19
    Posts: 8,813
    Betpoints: 25594

    $35,868.86

  27. #167
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,556
    Betpoints: 24911

    Quote Originally Posted by pablo222 View Post
    $35,868.86
    Dipping a bit now. 35,196.

  28. #168
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,556
    Betpoints: 24911

    Quote Originally Posted by MOBIL19 View Post
    Amazing times, we live in!
    MOBIL, welcome to the party. Target = 36,000.

    ...If we get there by WED 1159pm Eastern, +360.
    *If u can do it in next 26 minutes, 2x +720.
    Points Awarded:

    BigJay gave ChuckyTheGoat 1 SBR Point(s) for this post.


  29. #169
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    Quote Originally Posted by ChuckyTheGoat View Post
    Raiders, for you:

    "The Autumn Wind...is a pirate."

    That's awesome!
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: ChuckyTheGoat

  30. #170
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,556
    Betpoints: 24911

    Been listening to some of these Saylor interviews. If u believe him...a ton of institutional money of the way into Bitcoin.
    Points Awarded:

    Arky gave ChuckyTheGoat 5 Betpoint(s) for this post.

    BigJay gave ChuckyTheGoat 1 SBR Point(s) for this post.


  31. #171
    ouzoun
    ouzoun's Avatar Become A Pro!
    Join Date: 10-21-12
    Posts: 321
    Betpoints: 9200

    My next target is 39500 now. Glad I sold only small part of my BTC so far.

  32. #172
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    $34.7k

  33. #173
    bigtymer56
    bigtymer56's Avatar SBR PRO
    Join Date: 07-31-12
    Posts: 4,738
    Betpoints: 9059

    Quote Originally Posted by pablo222 View Post
    $35,868.86
    This pretty much sums up the last year:

  34. #174
    GunShard
    Invest In Ethereum And Bitcoin
    GunShard's Avatar Become A Pro!
    Join Date: 03-05-10
    Posts: 9,984
    Betpoints: 1944

    I recommend waiting for the next bear market crash. It could happen by summer or end of 2021. Once at the bottom then we push all in at $10k to $20k if Bitcoin reaches this low again.

  35. #175
    Arky
    Arky's Avatar SBR PRO
    Join Date: 12-09-11
    Posts: 1,021
    Betpoints: 19239

    Quote Originally Posted by ChuckyTheGoat View Post
    Been listening to some of these Saylor interviews. If u believe him...a ton of institutional money of the way into Bitcoin.
    Gotta think the institutional guys coming in are big picture, long term hodler types and not fast buck, get-in, get-out types. So, that gives me some confidence that wherever this bull run tops out, that the resulting bear market may not go as low as expected.... What those numbers will be, who knows, but it may be a historic change from the past run-up - peak - crash scenario....

First ... 2345678 ... Last
Top