ETH I believe in, alot can made from its block chain and ETH will be needed to run it. RPL I need it for my node on rocketpool and get a decent APR from it. BAT used to believe in it. Not so much anymore, project seems to have gone quiet. LINK not sure how it will play out LRC same with LINK, not sure on it.
Good thread and a lot of interesting inputs in comments. I’m a Loopring user and im very happy with how the Smart Wallet operates. I have full control, understand how to backup and recover if I lose my device. There’s a built in DEX with near zero fees so no need to move my assets to CEX. I can easily send and use other dapps directly from my wallet. I always get the necessary information and am being prompted to use pin and Face ID before the handshake is approved. The purpose of this comment is NOT to sell you on LRC or Loopring. I simply just recommend that you take a look, I think it’s a great wallet. FYI- I have other wallets, MetaMask, Ledger etc. but these are being used as guardians to my Loopring wallet. So if I need to recover my Loopring wallet I need to verify with my guardians to prove that I’m the owner. This is also a killer feature. No need to save seed phrases etc. Good luck all 💙💙
It's funny how people use the time to buy lots of gems to bank on giving TA setup by being all fuddish that the market will dump to $8k and the rest, but what happens if the market doesn't drop as expected? They may miss out on valuable opportunities. I made that mistake with certain tokens such as RIDE, LRC, and GMX, where I spent too much time analyzing market trends and hoping for further price decreases, rather than taking advantage of the low prices available at that time. Now, they're pumping and I missed the chance to buy them at a lower price.
Happy cakeday! I also struggled with #2. I was too bullish at the end of last year ($100K EOY 2021!) and got some punishment. Ignored the bearish informationt that I should have examined more seriously (things like RSI, countering retail sentiment). I did a lot better in the bear though, buying the capitulation moments when most wanted $10K. It is difficult that retail is also sometimes right, at least for a while. Projects like ADA, SOL, and LRC had insane runs last cycle. Retail FOMOd but in a sense that was the right decision for many because the prices kept flying, though a lot of people didnt take profits.
Litecoin (halving in <200 days) Monero (anti CBDC) Doge (forever meme) Eth (actually gets used) Shib (degen meme) Moons (degen yolo) Loopring (meh, GameStop NFT marketplace is dead, taiko is taking ZKEVM, see my username but sheesh I don’t know what’s bullish about LRC anymore) Edit: no bitcoin cuz I swapped it for LTC banking on a run up until the halving. Litecoin halving 200 days out, Bitcoin halving 400 days.
QNT, LINK, GRT, MATIC, DOT, and AR I'm holding NEAR, but honestly it feels like that's just in hope of some sort of a recovery at some point. Almost the same feel with LRC, though I'm maybe starting to get a bit of confidence back. I've been getting a bit more confident about ADA as time has gone on. Not sure it will moonshot but hey. And XRP as a court case gamble
I came here to discuss about LRC and CRO and someone told me to open my vault and send me my first moon… it went down hill from there I started accumulating moons, but I stayed for the amazing people on this sub, I have daily contact with many members through telegram and I’m actually enjoying my time in crypto again. I went from -80% to now +55% It’s all thanks to this sub that I haven’t given up on crypto and actually having fun now in these bearish times!
It is definitely in part a learn from experience kind of thing. I just wonder where our responsibility lies. Knowing that many people here ARE influenced by the posts and comments in this subreddit because they come to this place for information, this r/cryptocurrency idea is a little unfortunate. LRC was a prime example. Everyone just upvoted all the LRC posts -including many regulars- and so many people lost so much money. We hate on influencers who do this, but in essence are doing the same thing ourselves.
I don't care about fundamentals. I care about making money. According to this sub LRC, Luna, One, Nano, VET and Algo were all better projects. I know which side I'm taking. Cherry on top: This sub hates it, so you know it's gonna keep performing well.
As far as the logistics L2 etherium allows for nearly free minting still secured on the blockchain with zkRollups (zero knowledge rollups) And it just so happens Gamestop is partnered with loopring and immutable, so are both leading innovators in the tech. I'm not a tech wiz but any means but if everyone caught already has ac distinct digital stamp, it wouldn't take much to mint that data. I would predict ninantic will not stick to the cost to transition and secure a large enough steak in LRC based off of pure greed but if you're active in the Go community you already know how much angst is built up within the customer based for their bullshit greedy tactics. It wouldn't take much for a new start up to create a similar game (granted it wouldn't have the iconic pokemon stamp) of capturing nfts in geographically (sounds like there's already projects trying this)
Hedera Hashgraph, Algorand, Polygon, Quant, BTC, ETH, Solana, The Graph, Celo, Fantom, REN protocol, NEAR, Chainlink, Polkadot, Render Token, Cosmos, Cardano and Optimism, LRC, Enjin, bro i wanna keep going
People love to hate GME, so when all the excitement around that partnership happened, LRC got hated on. I hope it becomes realized that LRC is a legit crypto that is building something legit useful that makes using ETH a lot better. I think more partnerships will be coming and when the money flows to L2 this bull run, LRC will benefit greatly.
>“All user assets held with the exchange “have been and continue to be backed 1:1,” the spokesperson added, notwithstanding what Binance called “historical operational oversights.” Binance did not specify when the issue was identified.” Every company has oversights, I can understand that. >“Binance has issued more than $539 million in total of the 41 B-Tokens that have Binance 8 as their collateral wallet, according to calculations by Bloomberg based on Binance data from Jan. 20, while the wallet itself holds more than $1.8 billion in related assets. Overall, Binance 8 contains more than $16.5 billion in various crypto tokens beyond those linked to B-Tokens, according to data from crypto intelligence platform Arkham. That means some B-Tokens in the wallet have far more collateral than would be necessary. For example, Binance 8 had a reserve of almost 22,700% for OriginToken’s OGN on Monday, and 18,Billio001% in reserve for Loopring’s LRC.” Umm how can they claim those %s as collateral? Were they also thinking LRC was gonna take off?
Sometimes you gotta hide a case of beer in the closet for all the best guests who stay late at the party. Gotta let all the goons gobble up the freebies 🍻 LRC hasn't stopped killing it since before the wild ride up. ETH has some hurdles to overcome this year, but Loopring will be kicking ass the whole time too. That cash on ramp is pretty tight, if you ask me.