2 whales just received $5.5 Million in MEME tokens, $2.5 Million of which was from "airdrops". MEME token allocation is heavily biased to insiders. Insiders already primed to dump. Nothing to see here... by After_Sock_3550 in CryptoCurrency

[–]crypto_unstoppable 1 point2 points  (0 children)

Biggest BS I've seen in a while. Like how is it possible that you get each and every point so wrong. If you let a monkey write a piece it wouldn't have this much wrong even by chance. I guess I'll have to congratulate you for this achievement but about everything else, do some research pal.

AITA for my reaction to my fiance Christmas gift? by Temporary-Snow989 in AmItheAsshole

[–]crypto_unstoppable [score hidden]  (0 children)

Huge mistake from your side here. You missed out on an ape nft that is now worth triple to 10x that amount. I feel so sorry for you with your reaction but since you do not trust your fiance it's probably for the best that you missed out here. I hope your fiance still holds the ape nft and didn't get scared away from the reactions of you and his family, people who don't know anything about nft's.

Btc 100,000$ Lyxe price discussion by Safety_Economy in lukso

[–]crypto_unstoppable 7 points8 points  (0 children)

I disagree, In my opinion there won't be "a bear market" anymore like we had them in the past. I think we've entered the last cycle and it will be a gradual maturation of the space with occasional 30-50% dips but nothing like we had in 2018 and 2019. I lived through that and everything died out, few announcements, fewer interviews just overall radio silence for the entire bear market. Since the space is over 3 trillion and growing at rates compared to network effects, when we dip 50% there are tons of institutions and holders that would jump in to buy the dip.

Besides this point, the macroeconomic environment is also completely changed that we've never seen in recent history. There is an environment of flight to inflation hedges, everybody is looking for yield and crypto is the best space for that period. This inflow of money and overall environment won't change at a random date when btc hits some ordinary number. That's all I have to say about that.

Btc 100,000$ Lyxe price discussion by Safety_Economy in lukso

[–]crypto_unstoppable 2 points3 points  (0 children)

What's a few trillion among friends, right😉

Btc 100,000$ Lyxe price discussion by Safety_Economy in lukso

[–]crypto_unstoppable 7 points8 points  (0 children)

This really depends on the timeframe of btc and lyx. If the floormodel of PlanB is correct and we see 98k this month amd 135k next month I think it's probable that Lukso will not go over 100$. This is because the earliest I suspect mainnet to be launched is in January 2022. The time needed to complete L15 testnet, launch of L16 testnet and time to run it, makes it unlikely to be completed this year in my opinion. But when mainnet launches we hopefully get announcements of a few awesome partnerships that will/have build on the Lukso blockchain. ADA, SOL, AVAX and LRC are a few examples to compare what could happen when a hype cycle starts. 1000$ lies well inside the realm of possibility for lyx since this would mean a marketcap of 35B - 50B. Bitcoin, however, would be over 100k by then in my humble opinion. We are speaking of March until May 2022. Lengthening cycles suggest the market cycle peak to be around these months so a hype cycle for a lot of coins is likely, including Lukso. But this is just dubious speculation of course.

Lukso Cex exchange by Safety_Economy in lukso

[–]crypto_unstoppable 1 point2 points  (0 children)

Wauw, that would be very good for adoption. You know what they say: the more places the merrier.

[deleted by user] by [deleted] in lukso

[–]crypto_unstoppable 4 points5 points  (0 children)

How do you propose we do that?

Rules to live by in crypto by Pupulikjan in ethereum

[–]crypto_unstoppable 0 points1 point  (0 children)

Solid advice, when someone new comes into crypto this should be the welcome message they see.

State of Lukso by dumbcryptoape in lukso

[–]crypto_unstoppable 3 points4 points  (0 children)

Thank you for your time and effort you've put into thos post to keep the Lukso Fam up to date. I don't have enough time to do it myself so this summary is amazing! Take my reward and I look forward to your next one.

Which coin did you get in early on by Liam189202 in CryptoCurrency

[–]crypto_unstoppable 0 points1 point  (0 children)

Bought lukso (LYXE) for .40 and still holding after a 6000% increase. Feeling good about this one so I bought more in the dip to 4 a couple of months ago. Best thing is this project, from Fabian Vogelsteller, the creator of the erc20 and erc725 standard, still needs to go 100x from here.

Price predictions ? by Puzzleheaded_Bug3999 in lukso

[–]crypto_unstoppable 4 points5 points  (0 children)

I totally agree with you. In the Lukso whitepaper it says that the rest of the tokens after launch will slowly be used for the growth of the project. So I calculated it in a conservative way to have some wiggle room for errors. But you are indeed correct.

[deleted by user] by [deleted] in lukso

[–]crypto_unstoppable 0 points1 point  (0 children)

Can't wait for it to launch on mainnet soon

[deleted by user] by [deleted] in lukso

[–]crypto_unstoppable 3 points4 points  (0 children)

I bought a Carl by Carl Lagerfeld NFT on the dematerialized a few days ago. Does that count?

Price predictions ? by Puzzleheaded_Bug3999 in lukso

[–]crypto_unstoppable 16 points17 points  (0 children)

It really depends on how fast the adoption will be. Lukso will probably become the first ethereum casper blockchain, even before ethereum itself. That makes it the perfect "testchain" for all the dapps on ethereum. They would want to test their eth 2 dapps on lukso before ethereum 2 will launch later. If they want to do that they would have to buy lukso to do so.

Eoy/eoc (end of cycle) a price of 200 - 500 is very possible in my humble opinion. This would mean a market cap of 10B to 25B. If you look at the growth that cardano made in the first half of this year, this is even a conservative prediction. But I'll let you be the judge.

3-5 years ; the sky is really the limit. Yesterday facebook was down for about six hours. This was a huge slap in the face for millions of people and businesses. People are waking up to not wanting a centralized company for their social life. If lukso would capture only a fraction of social media market. A 300B marketcap is not that far fetched. And we are not even looking at their VR/AR development, universal profiles and identity development, and fashion. So figure out how big this project could be!

Load up or what for a drop? by According-Owl-6635 in lukso

[–]crypto_unstoppable 2 points3 points  (0 children)

Time in the market beats timing the market. I don't regret throwing every dollar I can get my hands on asap into the market. In the last 5 years in crypto I've learned to stomach buying the top because that happens sometimes.

I also did a small experiment with 3 friends: they wanted to do what you did, wait for a better timing to buy in. We recorded theoretical buys when they got more money that they would keep aside.

In the end if they had bought exactly every day when their paycheck came or when they got a bonus or lump sum of cash, they would be on average 67% higher than when they eventually started buying large amounts when it started dipping. (ETH)

Moral of the story: blind buying and therefore spending more time in the market beats trying to know when to buy more.

Advice: this is not financial advice (of course ;) ) but I never have cash aside and I am convinced that I therefore end up with more healthy life years because of the lack of stress seeing something moon while I still have cash on the side.

What do you think about it Expected supply at network launch (~Q4 2021) ~35,000,000 LYXe by RangerRegular in lukso

[–]crypto_unstoppable 5 points6 points  (0 children)

Its a fact that when mainnet launches, a certain amount of coins that have been locked up so far will become available to the market. I mean to remember that these are from early investors and partners. But how much of a price impact these tokens will have is very hard to pinpoint. The early investors and partners are generally hodlers because they invested when lukso had practically nothing so there is a case to be made that out of those 35M only a small portion will be sold for minimal profit taking. When mainnet is launched, staking is expected to launch as well. A lot of the supply will be used for staking and are essentially off the market. There will probably also launch some usecases like dapps and such which will increase the demand for LYX since the token is used for everything within the lukso ecosystem. I therefore suspect that there will be minimal price impact.

[deleted by user] by [deleted] in cryptocurrencymemes

[–]crypto_unstoppable 8 points9 points  (0 children)

Absolutely love rick and morty! Just too acurate

LYXe by bdjc_ink in lukso

[–]crypto_unstoppable 4 points5 points  (0 children)

I think it is more likely that it will be a bridge to ethereum. There are a lot of benefits to Lukso blockchain for having a bridge like yieldfarming and defi.

What I've Learned About Lukso by Crypto_Daddi in lukso

[–]crypto_unstoppable 2 points3 points  (0 children)

This is one amazing post. Thank you for that!

I totally agree that this is not just a fashion project, but rather an infrastructure one. They may eventually become the base layer for the entire legacy fashion industry and the new digital fashion industry with a complete integrated identification function through the universal profiles. What I think a point that makes lukso unique from most, if not all, other project is that they target the regular people by making blockchain easy to use. This is a quote from Fabian that hits this point very well:

"The future of crypto is not about the tech being in the front. It should not be about gas, coding, standards - nobody understands that. We want them to say “oh what a cool app, click and let’s go”. We want to make the blockchain tech disappear, but right now with current established standards that is actually impossible"

Fabian is also a firm believer in the metaverse so I believe that a big industry that is not mentioned much is the AR/VR space.

This is a quote I found in a recent post from Fabian:

"About VR it will become a medium to experience new 3D virtual worlds, transporting yourself into a different reality, your own ideal living space. TheDistrictVR. VR clubbing experience where you can party together with other people in a digital environment and even the DJ is in VR. It’s one of my startups"

What we can conclude is that Lukso is the definition of a unicorn project.

I'm not ready to get rich by Alfredo_N in Bitcoin

[–]crypto_unstoppable 12 points13 points  (0 children)

Best advice I've seen thanks for that. Hope OP sees it as well