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12-02-2021, 03:56 PM | #3586 |
Sapere Aude
Join Date: Jun 2001
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No, Ethereum isn't capable of doing what XRP does. Vitalik admits as much and is pointing at ETH 2.0 as the path to fix the many problems that ETH has.
Also, it's looking more and more every day like the SEC is going to move to call Ethereum a security. Gensler has stated that he agrees with Jay Clayton's assertion that any coin that had an ICO is a security. When he was recently asked specifically about Ether's status as a security under the Howey Test, he refused to answer. Further, during the XRP/SEC trial, the SEC has distanced itself tom William Hinman's speech that gave ETH a pass on being a security, saying that was only his personal opinion. ETH is not out of the woods yet. As for me, crypto is my favorite subject in the world right now, outside of my kids. I'm more than willing to bring clarity to questions or debate the issues around it. I think this is an important moment in time, and that people are going to get rich or get REKT depending on what their holdings are, and what happens with regulation. I think people should be less tribal and more analytical at this moment. But I could see people criticizing me because I've consolidated all of my holdings into XRP. That could be considered tribal. What I will say is that my position is based on my own personal analysis of the market and the regulatory environment. I think XRP is the most technically sound crypto, which will pass the regulatory phase and become a safe haven crypto. Once this happens, and once Tether is regulated out of existence (and the subsequent market crash that I believe will come with that happens) I will be re-deploying into whatever cryptos are left standing. |
Posts: 79,140
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12-04-2021, 10:23 AM | #3587 |
Supporter
Join Date: Jun 2013
Location: Compton, CA
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Posts: 1,605
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12-04-2021, 10:56 AM | #3588 |
What's up braj?
Join Date: Jun 2008
Location: Placencia, Belize
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The best part about crypto going down is hoping Taco will kill himself
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Posts: 16,269
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12-04-2021, 05:25 PM | #3589 |
Banned
Join Date: Dec 2021
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I like to go to errorm when investing advice strikes my mood!
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Posts: 3
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12-04-2021, 07:21 PM | #3590 |
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Join Date: Jan 2009
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I've made plenty of money off crypto but I'll never shake the thought of it being certain to fail and crash. There's close to zero utility. Nobody has used Bitcoin as a currency since 2017 and no major place even accepts it. It just makes no sense. No one uses Ethereum "smart contracts" or any of the supposed use cases it has and transactions cost so much that it's pointless to even try. And other cryptos are even more useless in the real world. The whole space just makes zero logical sense. ...I'll still play though until it crashes, hey money is money.
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Posts: 64,324
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12-04-2021, 07:24 PM | #3591 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Posts: 11,434
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12-04-2021, 07:38 PM | #3592 | |
Veteran
Join Date: Feb 2012
Location: DE
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Quote:
100 Billion locked in DEFI TSLA and El Salvador have BTC on their balance sheet. Last edited by ChiefRocka; 12-04-2021 at 07:47 PM.. |
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Posts: 3,817
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12-04-2021, 07:58 PM | #3593 |
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Join Date: Jan 2009
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Posts: 64,324
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12-04-2021, 07:59 PM | #3594 |
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Join Date: Jan 2009
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Posts: 64,324
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12-04-2021, 09:32 PM | #3595 |
Veteran
Join Date: Feb 2012
Location: DE
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Posts: 3,817
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12-04-2021, 10:12 PM | #3596 |
MVP
Join Date: Jan 2013
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Posts: 10,786
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12-04-2021, 11:13 PM | #3597 |
The pizza king of kansas
Join Date: Sep 2001
Location: Somewhere in the u.s.a.
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My luna and shib is still strong.
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Posts: 19,090
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12-04-2021, 11:22 PM | #3598 |
Starter
Join Date: Feb 2013
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Posts: 750
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12-04-2021, 11:22 PM | #3599 |
In Search of a Life
Join Date: Aug 2005
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Posts: 43,200
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12-05-2021, 07:25 AM | #3600 |
Always ask 'Why?"
Join Date: Oct 2011
Location: Two Rivers, Wisconsin
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Used the big dip to load up on BTC, SOL, ETH.
Foundation coins. |
Posts: 2,965
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