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Quick Navigation Bottom Misc
Forum » MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
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Thread: MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles

post 1644291563 08-04-2021, 10:12 PM
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#6031
  1. entropy91
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Starting to see SEC and Congress debates hest up again. More Tether FUD circulating. Gonna get interesting.
post 1644291623 08-04-2021, 10:15 PM
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#6032
  1. Watson910
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  1. Watson910
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Originally Posted By W1LLW⏩
If anyone is looking for new longer term plays. May want to look into Constellation (DAG), it's another "Layer 0" tech like QNT. Still a sub 1 billion market cap. Not yet listed on coinbase, binance, or crypto.com
What and where is this DAG that you speak of ?

I'm glad everyone in here is in there 50s......feelsgoodmane
post 1644304053 08-05-2021, 06:04 AM
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#6033
  1. W1LLW
  2. Enlightened Miscer
  1. W1LLW
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Originally Posted By OrdoAbchao⏩
I got harassed when I did my only shill in here like 4 or 5 months ago. It was sub .7 cents then and it's at .21 cents now. Only a 3x which isn't much in crypto, but it has a lot of room to grow and a lot of things happening Q3/Q4 which I explained prior. Glad to see it is starting to attract some attention.
You got harassed because of timing unfortunately. In the last crypto thread, it was maybe a dozen guys constantly posting shilling what they were buying. This thread though was kind of peak bullrun so we went from like 12 regular posters saying what they were buying to 50+ randoms jumping in here claiming to have the next biggest schit coin.
Kobe Forever
Black Crew
Bucks N 6
post 1644314123 08-05-2021, 09:01 AM
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#6034
  1. im2manly
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  1. im2manly
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I really have to consolidate some of my positions. Really spread my self too thin buying into hype and got small bags into too many alts. Like what's the point of having 35 MATIC, 50 ALGO, 20 MINA, etc.? I do this shiit with stocks too. FOMO must hit me hard
post 1644322983 08-05-2021, 11:03 AM
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#6035
  1. OrdoAbchao
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  1. OrdoAbchao
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Originally Posted By W1LLW⏩
You got harassed because of timing unfortunately. In the last crypto thread, it was maybe a dozen guys constantly posting shilling what they were buying. This thread though was kind of peak bullrun so we went from like 12 regular posters saying what they were buying to 50+ randoms jumping in here claiming to have the next biggest schit coin.
Such is misc lyfe. Anyways, I know it's quite pricey now but I recommend trying to get 250k DAG so that you can participate and run a node and earn some passive income. I think as soon as Mainnet 2.0 goes live this quarter (when anyone can run a node) they will have at least 1,000 nodes being run and I wouldn't doubt if it is closer to 2,000. All my opinion of course. Also, you can look into their DeFi play which is LTX (Lattice Exchange). They have built this to showcase the power of their mainnet (Hypergraph) and what you can really achieve with scaling/interoperability/low fees.
What are you on about mate?
post 1644324403 08-05-2021, 11:22 AM
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#6036
  1. dankydank
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  1. dankydank
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Volume way up for ETH event on the overall market. Normally I would buy RIOT puts at this point in the technicals but might stay away from it. Could run up another day or two before we go back down
post 1644327223 08-05-2021, 11:59 AM
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#6037
  1. entropy91
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  1. entropy91
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Absolutely ****king delicious. Time to take some profits.

Bears in disbelief.
post 1644359263 08-05-2021, 08:20 PM
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#6038
  1. surf junkie
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  1. surf junkie
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no market dump yet. market dump to occur between Aug 15nd - Aug 22th.

TP on local highs Aug 10nd - Aug 14rd
post 1644363523 08-05-2021, 09:46 PM
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#6039
  1. Ondle
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  1. Ondle
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What’s all this talk about the infrastructure bill? Should we worry ?
post 1644363773 08-05-2021, 09:52 PM
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#6040
  1. Cinderblock
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  1. Cinderblock
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Originally Posted By surf
no market dump yet. market dump to occur between Aug 15nd - Aug 22th.

TP on local highs Aug 10nd - Aug 14rd
that are you basing this on?
post 1644363813 08-05-2021, 09:53 PM
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#6041
  1. Trapstar4.4
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  1. Trapstar4.4
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lol bears are trying to keep a lid on this thing. seems like the goal is to stall it out and hope for some macro-level fud.
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Falcons - Hawks - Braves
I make typos.
post 1644364313 08-05-2021, 10:03 PM
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#6042
  1. Trapstar4.4
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  1. Trapstar4.4
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Originally Posted By Ondle⏩
What’s all this talk about the infrastructure bill? Should we worry ?
nope. not from what i have read. i gathered that a bunch of dopes in congress proposed some more strict crypto reporting regulations that were insanely broad. fortunately it looks like we are getting more and more congressman have crypto bags packed so there is a group (albeit small) who actually understand the hazard in proposing a bunch of nonsense regulations.

so that small group has proposed some amendments to the bill that specify who the reporting regulations should apply to (i.e. removing reporting requirements from miners, developers, and other technical players who have nothing to do with the selling or facilitating the transfer of crypto.

i think next step is to have them voted on or some sht. i dont see how they would be voted down seeing as how one of the stated reasons for the amendment proposal is to "prevent the stifling of innovation" which is a bit of a congressional buzz phrase.... combine that with the fact that the other members of congress are imbeciles when it comes to crypto, so i would think the amendments are safe
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Falcons - Hawks - Braves
I make typos.
post 1644365293 08-05-2021, 10:26 PM
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#6043
  1. Mogambo
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While I don't think anything drastic is going to get passed, I'm gonna go ahead and withdraw everything I have on CEXs. Most of my portfolio is in cold storage or defi but I do have some bags staking on CEXs.
post 1644367923 08-05-2021, 11:45 PM
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#6044
  1. Trapstar4.4
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  1. Trapstar4.4
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Originally Posted By Mogambo⏩
While I don't think anything drastic is going to get passed, I'm gonna go ahead and withdraw everything I have on CEXs. Most of my portfolio is in cold storage or defi but I do have some bags staking on CEXs.
Yeah one could argue that one of the uglier scenarios is that we find out who are the platform DINOs

"DeFi in Name Only"? Lol das it. If the govt shuts it down then the platform might have been centralized and fake af. That Could be painful tho and not what we want or need right now.
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post 1644368033 08-05-2021, 11:49 PM
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#6045
  1. juvefan
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God damn brahs this infrastructure bill chit is scary as fuk. Joe dementia biden endorsed an amendment that fuks over ethereum and defi. Basically anyone running a validator or using a CEX or doing anything DEFI has to KYC everyone they interact with which is literally impossible. Sub $500 eth incoming
$0 or $1 million crypto crew
Ex-OMG crew
post 1644368113 08-05-2021, 11:52 PM
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#6046
  1. surf junkie
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Originally Posted By Cinderblock⏩
that are you basing this on?
crypto is literally run by about 5000 dudes, who each dropped a $5-10k stack into bitcoin between 2010-2013. once you know who they are and what they focus on (and when) , you'll understand how market pumps & dumps.
post 1644368503 08-06-2021, 12:10 AM
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#6047
  1. Drewdog428
  2. fuark
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Originally Posted By surf
crypto is literally run by about 5000 dudes, who each dropped a $5-10k stack into bitcoin between 2010-2013. once you know who they are and what they focus on (and when) , you'll understand how market pumps & dumps.
Ok so tell us
"Don't fear failure. Not failure, but low aim, is the crime. In great attempts it is glorious even to fail."
post 1644375153 08-06-2021, 05:45 AM
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#6048
  1. mgftp
  1. mgftp
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Checked out for awhile.

Good time to buy more BTC?

Best APY stuff going on?
post 1644377473 08-06-2021, 06:52 AM
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#6049
  1. Raylan
  2. is jacked to the max
  1. Raylan
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where is QNT brah? is he another NEM brah success story?
post 1644377923 08-06-2021, 06:59 AM
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#6050
  1. Trapstar4.4
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Originally Posted By juvefan⏩
God damn brahs this infrastructure bill chit is scary as fuk. Joe dementia biden endorsed an amendment that fuks over ethereum and defi. Basically anyone running a validator or using a CEX or doing anything DEFI has to KYC everyone they interact with which is literally impossible. Sub $500 eth incoming
Yeah what they are asking for is impossible. Then the idea of miners reporting doesn't even make sense because they don't even have visibility into the transactions that they are validating. They literally have no valuable info to give to the IRS.

They'll get what they want from the CEX but not from the decentalized side. I do think some of the decentralized in name only may get caught in the carnage. Which could get ugly. I'm thinking about uniswap's recent cave into mainstream leaders.

*Edit
Looking it up now. Wait a minute uniswap is based in NYC? Am I reading that correctly ? That can't be right
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post 1644388703 08-06-2021, 10:00 AM
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#6051
  1. entropy91
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Originally Posted By surf
crypto is literally run by about 5000 dudes, who each dropped a $5-10k stack into bitcoin between 2010-2013. once you know who they are and what they focus on (and when) , you'll understand how market pumps & dumps.
Where do these schizophrenics come from?
post 1644388753 08-06-2021, 10:01 AM
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#6052
  1. entropy91
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  1. entropy91
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Originally Posted By Trapstar4.4⏩
Yeah what they are asking for is impossible. Then the idea of miners reporting doesn't even make sense because they don't even have visibility into the transactions that they are validating. They literally have no valuable info to give to the IRS.

They'll get what they want from the CEX but not from the decentalized side. I do think some of the decentralized in name only may get caught in the carnage. Which could get ugly. I'm thinking about uniswap's recent cave into mainstream leaders.

*Edit
Looking it up now. Wait a minute uniswap is based in NYC? Am I reading that correctly ? That can't be right
Pretty sure Coinbase essentially owns uniswap
post 1644389993 08-06-2021, 10:14 AM
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#6053
  1. entropy91
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Oooooooooooooooooo
post 1644392443 08-06-2021, 10:46 AM
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#6054
  1. ghostfacedup
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lol dementia Joe.
post 1644393713 08-06-2021, 11:02 AM
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#6055
  1. Mogambo
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Looks like Ravencoin is reaping gains from miners switching over to their network from ETH.
post 1644395813 08-06-2021, 11:25 AM
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#6056
  1. entropy91
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Popsicle finance got rekt. 20 mill gone.

RIP in peace.
post 1644400633 08-06-2021, 12:22 PM
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#6057
  1. Maxamanius
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We can thank potato warren for this after she got triggered no exchange reached out to her like she demanded with her deadline lol
post 1644401583 08-06-2021, 12:33 PM
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#6058
  1. Mogambo
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Originally Posted By entropy91⏩
Popsicle finance got rekt. 20 mill gone.

RIP in peace.
what happened?
post 1644402803 08-06-2021, 12:50 PM
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#6059
  1. Mogambo
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I wish regulators would figure how a better way to define and tax cryptocurrencies before attempting to tackle the evasion problem. Treating cryptos like property is incorrect. At least not as a blanket regulation. There are different types of projects that need to be treated as such.

Having people pay a flat tax rate on each and every transactions AND air drops AND defi gains is ridiculous and tedious. It's a result of lawmakers that are out of touch with the technology and want to protect the status quo financial system because that's where they have skin in the game.
post 1644409613 08-06-2021, 02:35 PM
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#6060
  1. Mogambo
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So I'm moving some cryptos around, peppering for worst case US regulation scenarios. Defi in name only has me paranoid now. I'm imagining a situation where lawmakers make it impossible for exchanges to operate without strict KYC/AML enforcement which causes a domino effect of people pulling their bags causing liquidity issues.

That being said, I'm confident that LPing using smart contracts is regulation resistant.

Best case scenario is lawmakers enact some dumbass anti crypto law and enforcement proves impossible which increases crypto confidence. Ironically this would serve to attract more illicit monies into the space.
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