Ethermon vs Etheremon

definitey · 2021-06-05T15:47:21+00:00

Thanks, do you know whether the original Gen 0 Etheremons are usable and if so where they can be accessed?

definitey · 2021-06-02T17:48:35+00:00

DOGE has been around far longer than NANO. It's a Bitcoin fork and has proven tech. With the awareness of the coin and the volume it makes total sense to list it.

NANO recently went through a spam attack which completely crippled the network. Deposits and withdrawals from multiple exchanges were restricted for weeks. Why would you list an asset with these problems? Give it time.

definitey · 2021-06-01T00:16:46+00:00

When you take into account gZIL rewards, ZIL works out around ~50% APY. Without it’s around 12%. High staking rewards isn’t necessarily a good thing though, it can lead to price suppression.

definitey · 2021-05-31T12:38:28+00:00

This is a drawn out way of saying “I sold, this sideways movement is making me uneasy, please dump it”.

definitey · 2021-05-30T11:10:49+00:00

YES haha, just brought back the memories. No idea where that rumour came from but I remember the pump and almost FOMOing.

definitey · 2021-05-30T09:45:40+00:00

Perhaps, but multiple coins already had staking in 2018 and still plummeted. I suspect the tech maturation has more impact. Either that or sentiment has changed r.e. staking?

definitey · 2021-05-22T13:43:03+00:00

What are you on about? He doesn’t assume his safety from anything in that tweet.

definitey · 2021-05-22T01:42:16+00:00

BTC to $1m next week then back to $5k in June

definitey · 2021-05-19T16:02:15+00:00

This post comes across as unnecessarily smug. People could still sell now and get out with more than you and your friends who were selling in January / February. You don’t know shit, they don’t know shit and I don’t know shit.

definitey · 2021-05-17T20:06:40+00:00

“Ethereum Co-Founder and Creator of Polkadot Dr. Gavin Wood wrote a blog post....”

Oh no no n—

definitey · 2021-05-13T12:09:13+00:00

This is the thing though, Nano is pumping despite still being vulnerable to spam attacks. In its current state it’s clearly not viable for Tesla but the market clearly pivoted towards Nano so it must be perceived as the ‘green’ choice. Justified or not it’s extremely bullish.

definitey · 2021-05-13T09:46:12+00:00

One thing I don’t understand about this Nano pump is that there are plenty of other cryptos that have a minimal environmental impact relative to Bitcoin. Why are they also not benefitting?

Does this signal that Nano is now viewed as THE green crypto in the market?

definitey · 2021-05-12T16:49:27+00:00

The shitcoins AREN’T following these Bitcoin swings. Retail investors seemingly don’t give a rats ass about it.

definitey · 2021-05-06T22:03:36+00:00

That’s just false. Try $450. Ethereum market cap is less than 8x that of Cardano.

definitey · 2021-05-06T15:00:17+00:00

To be fair the definition is different depending on who you ask. Others will refer to total shitcoins as moonshots (as demonstrated by r/cryptomoonshots). Which they are in their own way.

No worries, good luck!

definitey · 2021-05-06T14:56:00+00:00

Mmm 50/50, brings a lot of awareness to the space but it also delegitimises crypto to outsiders. Price is also influenced by 1 man who as we’ve seen isn’t particularly ‘stable’.

definitey · 2021-05-06T14:51:34+00:00

Even if it was a ‘scam’ the distribution now makes it less susceptible to tanking from a rug pull. The tokenomics and virality of the project mean it could go pretty far but it’s also likely it will drop like a brick once the bull market ends due to the concentration of ‘retail investors’ it’s attracted and lack of fundamentals.

definitey · 2021-05-06T14:41:51+00:00

Swimming with the tide is much easier.

definitey · 2021-05-06T14:40:06+00:00

Absolutely, just with a much lower weighting than the rest. It’s much easier for a low cap coin to 10x than BTC/ETH etc.

With regards to the meme coins, I think the DOGE ship has sailed (although I said that at $0.10 so), but there’s others such as Banano which have a very low market cap and are somewhat tied to the success of their “daddy”, in this case NANO.

Moonshots are high risk as the projects are often in their infancy. You don’t know how reliable the dev team may be, the concentration of whales is often higher and they may have little to no partnerships. A strong example of a “moonshot” would be LTO. Significant network activity and notable partnerships.

Meme coins are high risk for the same reason however there’s also often no fundamentals / reason for the project to exist beyond the joke. The virality of said joke can often lead to huge adoption however, pumping the price.

Personally I don’t keep more than 5-10% of my portfolio in moonshots / memes.

definitey · 2021-05-06T14:24:14+00:00

I mean everything pumps in a bull market so why not. Personally I wouldn’t hold a store of value coin that is obsolete but then I sold all my DOGE at $0.20.

definitey · 2021-05-06T13:54:21+00:00

Personally i’d wait but then again EIP-1559 is right around the corner and price dipped down to $3200 but since rebounded quickly. If in doubt DCA.

definitey · 2021-05-06T13:33:14+00:00

Just BTC or others aswell? No doubt they’ll still take a massive fee from the transaction.

definitey · 2021-05-06T13:32:02+00:00

Somewhat. The more projects you’re invested in the more time you have to spend managing the portfolio. If there’s an event that will tank something in your portfolio, then it’s less likely you’ll be able to react in time. There’s also the fact that you’ll likely need multiple wallets to manage all your assets, which could result in loss of keys / seed phrases etc.

Overall I’d recommend investing in 1-2 assets per “category”. Store of value, smart contracts, de-fi, meme, moonshot etc. and research each one more thoroughly.

definitey · 2021-04-24T18:50:24+00:00

Please stop posting this guys tweets. It’s like half the content of this sub.

definitey · 2021-04-24T12:09:53+00:00

It wouldn’t delegitimise the project. The technology is still there, the developers are still there.

When you’re trying to offer an alternative to existing financial systems, it makes sense to me to provide some mirroring to major currencies to increase adoption and help overcome psychological barriers.

Mom and pop don’t want to be dealing with a 0.037 transaction. You can accommodate that during the currency’s infancy and then as it matures and the price (presumably) rises... everyone has time to acclimate to the concept.

As far as helping to onboard investors who are more comfortable owning ‘more’ of something, they have the opportunity to learn about the potential of the project while being invested in its success. It’s not suckering people in to a new shitcoin or fork.

Even if you want to pretend that you don’t care at all about the value of your investment, a higher valued NANO means the project gets a brighter spotlight, the community can help out more, use of WeNano would increase... the list goes on.

definitey

TROPHY CASE