Bitcoins/Litecoins/Virtual Currencies
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Rajaah
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i've dump the crypto into sol since when it was 60, seems to be the only stable winner so far
i don't think matic is good no more
What makes you say MATIC isn't good no more?
SOL is one I've had my eye on for a while. Unfortunately I never got into it.
Lanx
<Prior Amod>
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Rajaah
Honorable Member
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It still being in a lull compared to the others is what makes MATIC worth getting right now, IMO.
LachiusTZ
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James
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Fake Banksy NFT sold through artist's website - BBC News
Duped buyer says he feels "burned" after apparent hack of Banksy website.
www.bbc.co.uk
Rajaah
Honorable Member
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Mainly the price action. I'm partial to MATIC because it was my biggest earner (besides the initial Bitcoin doubling). If people are really souring on Polygon that much, I might get out next time it gets up to that 1.60ish area where I wouldn't be taking a loss, like I would if I got out now. Regardless of the lumps it took over the summer, MATIC still rebounds with everything else as far as I can tell.
Arden
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I have yet to read anything that makes me concerned about my sizable MATIC investment. But you know, not investment advice, DYOR, etc etc
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James
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I have no clue, I've always been dubious towards sidechains, but Solana and Fantom are probably really solid plays right now.
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My thing with matic is that it doesn't seem to work as advertised. It's supposed to be where people go when main ETH network gas fees are too high, right? But matic pretty much just follows the price of ETH regardless of gas fees or ETH traffic. Don't get me wrong, I don't think it's horrible or anything, it's pretty stable as far as these things go and may yet show slightly better growth than ETH. But so far from what I can see the use case for it is a failure and it's just another also-ran coin that has exhausted most of its potential to grow at a much faster rate than ETH.
Just my own opinion and I'm far from expert here though, caveat caveat caveat
Just my own opinion and I'm far from expert here though, caveat caveat caveat
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Arden
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I have similar questions. Im personally convinced that it is a super useful project with a bright future, regardless of ETH 2.0. BUT there is no doubt that it's a speculative and risky investment. But honestly I don't think it's any more risky than something like Solana (I'd actually argue it's a little less risky).
If you want a safe investment, buy ETH or BTC. Anything else is speculative and risky. At that point, just find a few projects with a use case and a team you believe in and hope for the best. I personally believe in MATIC and their team just like I believe in VET and their team, but I could be dead wrong on both counts.
Arden
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James
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Dunno why there isn't more talk of $FLOKI, it's a multiple billion dollar project imo.
EDIT: Are you guys not doing your own research? NGMI.
EDIT2: Friendly reminder that Deadbears NFT is still minting and converted 70 ETH to $FLOKI at $60m market cap: Deadbears NFT
They're working on allowing you to stake bears in return for $FLOKI now.
EDIT: Are you guys not doing your own research? NGMI.
EDIT2: Friendly reminder that Deadbears NFT is still minting and converted 70 ETH to $FLOKI at $60m market cap: Deadbears NFT
They're working on allowing you to stake bears in return for $FLOKI now.
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James
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Dolce & Gabanna Take NFTs To The Next Level With Tokenized High Fashion | Bitcoinist.com
NFTs have staged a huge comeback as evidenced by booming sales volumes, particularly the buoyancy of major collections, including the CryptoPunks market.
bitcoinist.com
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