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I’m like 30% Bitcoin but this is solely because the Cosmos airdrops this year have been unreal and I got into them by dumb luck. I’m converting a lot of that to Monero (another OG “store of value” coin) and wBTC on Secret Network.
You have discovered what OG's and maxi's did: this isn't a technological revolution, it's a political revolution. The "investment" part is the hook. "*Separation of money from State,*" as a Satoshi Nakamoto email once eloquently stated.
Keep downvoting without knowing the project. Navcoin is an OG coin (2014) that launched without a pre-mine or funding round. Proof of stake, no minimum required. Staking allows voting for community fund proposals. Navcoin released a new privacy protocol in february this year, the token for this protocol is called xNav. Nav and xNav are swapable at a 1:1 rate within Navcoin wallets, can also be exchanged for wNav which is used on bridges to Ethereum, Binance smart chain, Polygon and Solana. Protocol is named BlsCT, look it up, and yes, it is the most advanced privacy protocol in the market at a 30 million market cap coin. Prunable, block aggregration, hides sender, receiver and amount. Monero has a fixed anonimity set of 11, soon to be increased a bit. Navcoin has a flexible anonimity set of 5, that increases with more volume. Higher volume = higher level of privacy. It's prunability together with the aggregation of blocks make this protocol very scalable. Projects that use zksnarks promise incredibly high anonimity sets (32^2) but that comes at a cost, the cost is centralization. I urge everyone to look into what zksnarks really is. These projects refer to their centralized set up as a 'trusted' set up, misleading uninformed investors on what is really going on. A centralized privacy protocol allows the node owners mint coins/tokens without anyone ever noticing. Roll back transactions or even give in to authorities when demanded. It's a fake sense of privacy. Navcoin does NOT require a centralized/trusted set up whatsoever on top of that the protocol is being upgraded as we speak. Navcoin 7.0 just launched allowing custom private tokens and private NFT's to be build on top of BlsCT. Community will have to vote to get this upgrade live on mainnet, it's expected to go live in either december this year or early next year. This upgrade transforms Navcoin from a privacy coin to a high utility privacy platform, allowing private stablecoins/private BTC or private NFT's to be atomic swapped. Let the ignorant downvote, we know what incredible tech it has. Ffs automod stop removing this.
What do many of these pro-Bitcoin Americans know about the digital asset that non-Bitcoin owners do not? My assumption is that, honestly, most Americans haven’t given this much thought. Odds are, you are in one of a few camps at this point. One, you hold bitcoin and continue to accumulate — as such you’re probably reading this article for affirmation, I feel you. Two, you do not hold bitcoin and are beginning to become increasingly aware that your purchasing power has been diminished — it’s OK to ask questions, this community is a good egg for the most part. Three, you own some Bitcoin, or have in the past, but you trade altcoins like a degenerate in your mom’s basement — no love lost here, but please don’t begin to spew those OG arguments about BitcoinSV and how massive gains in LawnClippingsCoin are the only way to go for real gains. The question I have for the third group is this: What is your end goal for the coin(s), NFTs or tokens that you hold? If the answer is to sell them at a profit, then that is the ultimate trajectory for the coin, to be habitually “gotten rid of” so please be careful with those hot potatoes
I think DAOs and NFTs are really hot right now, just look how many forks of Olympus have been made (similar to how Uniswap and Bitcoin were cloned back in the day). The original OG's usually survive. Ohm, Klima, and maybe Wonderland since they all operate on different chains. NFTs are the same. Everyone and their mother is making a 'collectible scare set.' They all seem to follow the same pattern. * Pick a noun (rock, ape, dog, robot, bear, tupil, etc) * Modular pools of different characteristics (256 colors, 20 eye types, 15 mouths, 4 glasses, 10 head accessories, etc) that get algorithmically smashed together to make unique characters * Create 10,000 of them * Dump on people under the pretense of 'this brand new thing is a collectible because I say it is' In the coming bear market, most of the froth will get washed out and we will see who the true survivors are After that it is probably Metaverse Then hopefully solutions that solve real problems like digital identities, official records, and the like
Bitcoin (OG) is starting to get stale and depressing, don't you think? There's A TON of potential on the other side. A trendy Doge inspired community is having a Black Friday sale right now. I cannot possibly think of a better time (post-August) to get aboard that ship. Yarr, me maties! (slight-pun intended)... Oh and, ehm, while I'm at it: [ /r/RequestNetwork ] for instance, has **so much** potential, it plastered a smile on my face that'll leave an imprint for - *at least* - the next 12 months. ————— **PLEASE**, do some research *before* investing. And remember: ————— *Business* at the top; **pleasure** at the bottom. WOOF !
This is what OG's are for, and I'll gladly step in to reprimand the mainstream talking points while elucidating what it is they haven't figured out: The best way to view bitcoin isn't as a technological revolution. It isn't. PoS blockchains will certainly try selling this to you. Blockchains dear reader, especially decentralized ones, are slow, cumbersome, and expensive to maintain. Then Bitcoin is an investment, you might say. Of course it is, but even that is nowhere near enough to have gotten us into this decade from 2009. It should've easily died. Bitcoin is a political revolution. It's an idea. This answers why it has so much power, such a strong stubborn minority, why longterm distribution and accumulation is consistent, and why it'll succeed. As the great writer Victor Hugo once said: "*There is nothing more powerful than an idea whose time has come*." When you see bitcoin beyond the confinement of just an investment, or as some technological revolution, you start to understand its real power and potential impact. We replace the money. We take away their control of the money. We demonetize the political class. We don't need nor want anonymity for this by the way, pseudonymity is preferred. We are the *maxi's,* the thorns that grow when a rose is young, to protect it until it flowers. So the answer yes, and far beyond what you assume. ♾/21M is one of our talismans I'm sure you're familiar with. Remember new goods and services can be added to the economy, thus the ♾ —*Mallardshead
I like it because its a metaverse blockchain being built from scratch for fashion, gaming, design and social media. The founder/creator is Fabian Vogelsteller who is one the ETH OG’s along with Vitalik, Gavin Wood (Polkadot) and Charles (Cardano). He is the author of ERC20 and ERC75 token standards, developer of web3.js and the Mist browser. It’s a low mcap gem yet to be discovered by many so hop in while you still can. Mainnet will release next year after which it will take off.
Yeah I know that’s the old saying and that most OG BTCers would say I 100% need to own my own coins. But I don’t plan to use it for transactions really. I just want exposure as a SOV and alternate investment. I honestly feel that I trust SoFi to 1) not fail as a company and 2) to be able to recover my password better than I would on a cold wallet
What kind of ridiculous post is this? I started with doge and now hold a minimal amount of Shib and I don’t care what anyone says, especially self-righteous know-it-alls like OP, but these meme coins are here to stay Doge is an OG crypto in general. It’s going nowhere
Well, quite a handful are poised for the Defi 2.0 projects, though MKR is regarded as a defi OG, they really need to step up their game to stay put in the race. I really wish they do integrate NFTs as GovWorld does to allow a broad spectrum of defi users on their protocol.
IMO hold on until it's back to your purchase price and some more. While the criticisms are correct it's still held by large funds and majority exchanges including some of the small obscure ones have it as an option since it's one of the OG's. It does have some utility.
They turn a blind eye to Germany reopening coal mines and also to large corporate basically getting no carbon tax. We will eventually go proof of stake for most coins but the OG must continue to exist. Just put a carbon tax on ASIC miners and let them continue if it's profitable.
Bitstamp is one of the OG exchanges lol. It was founded in the same year Kraken was founded. Unfortunately, it is geared towards more advanced traders so when newer more beginner-friendly exchanges started popping up, it got left in the dust. If anything, institutions use it more than retail traders.
Its crazy how all the Eth script kiddies and moonboys are so mad rn lol. I'm just staking and bakin my ada slowly adding to my position. Might buy another 5k coins tonight. <3 all my ada crew. The whales can try to pump and dump then fud the project shilling all the VC wash coins but I dont really care. Big respect to IOG. The cardano summit was amazing and got my OG NFT's. I could not be more bullish on this project.
I agree that BTC and ETH will rule crypto for a long time. But honestly I hope that BTC is surpassed by many even though bitcoin is the OG. Because of the extremely high energy expenditure because of Bitcoin mining.
> If people selling their holdings drives the price of a coin down, but a successfull sale requires a buyer, shouldn't that make both transactions always have an average cost of 0? Though that, as well, wouldn't work because then the price would just remain stagnant, right? Prices drop when people are *offering* the coins to sell, but not many are actually buying. Prices rise when people are *wanting* to buy, but there's hardly any coins being offered for sale. > Why and how do the price of some coins (generally low mkt cap coins) sometimes slightly vary from one trading site to another? You can think of exchanges as independent islands, each with their own little markets. Market prices on each go about their own way, rising and falling. If people didn't care, prices would eventually vary wildly between islands - so BTC on one island might be $100K, and $35K on another. The reason why it's not, is because people realize they can profit from this difference. They'd buy $35K BTC, and sell it on the other market for $100K, to pocket roughly $65K. Do this enough times, and the prices would eventually balance out. Not perfectly of course, that's why there's a slight difference. Folks use bots to achieve this within microseconds, and that's why when prices rise or falls on one exchange, it does to for others as well. > Gonna prepare myself for some backlash on this one, but is Ethereum so damn popular and loved. How is it not getting topped by other networks like Polygon, ETH has some outrageously high gas fees amd isn't eco friendly, as opposed to Polygon. I get thats it's of the "OG" cryptocurremcies, that that can't be the ONLY reason. wipes sweat off forehead Probably because ETH is more recognized, has far more devs, and has a lot more backing compared to others.
>• If people selling their holdings drives the price of a coin down, but a successful sale requires a buyer, shouldn't that make both transactions always have an average cost of 0? Though that, as well, wouldn't work because then the price would just remain stagnant, right? yes it is 100% 0 sum game. though demand for supply when scarce will magnify price movements, if everyone sold off the exact opposite order and QTY they bought in then the entire thing would add up to 0 again and no one would have gained or lost. at a really basic ELI5 level, we are essentially taking money from each others pockets, speculating that we will profit when enough people buy in so you can also take profit. ​ >• Why and how do the price of some coins (generally low mkt cap coins) sometimes slightly vary from one trading site to another? They are different unlinked markets. If you see a lower price on one exchange and sell it to another for higher this is known as Arbitrage trading. You will find that the arbitrage gaps don't last long, as it is BOT heaven for making profits, you can't do it well manually. This type of trading evens out the exchange prices. when things like coinbase stopping trades, it is usually to lever this issue for their own profit, ie stop people being able to take money from the platform to even out arbitrage. ​ >• Gonna prepare myself for some backlash on this one, but is Ethereum so damn popular and loved. How is it not getting topped by other networks like Polygon, ETH has some outrageously high gas fees amd isn't eco friendly, as opposed to Polygon. I get thats it's of the "OG" cryptocurremcies, that that can't be the ONLY reason. wipes sweat off forehead Ahh here lies a mis-understanding, Polygon IS an ETH chain, it basically settles transactions on ETH all at once to keep costs down, its known as a side chain, that uses ETH as a security layer. xDai, optimum, and arbitrum are also similar deals with this. Other native chains like Solana and Harmony one and such are like ETH but are not ETH dependent, they wont just flip ETH's market cap as they do not have the tried and tested proof they are safe like ETH does. Polygon et al get so big quickly as they are still able to use a trusted security with ETH.
If your product doesn't stand on its own two feet without a marketing department like all of the OG coins, it probably is highly centralized and that alone is a reason to not invest. There is nothing revolutionary about centralization . . .
For years I’ve said tezos should take a page out CROs playbook. It’s embarrassing that coin which plastered all over the muggle world cannot moon. Im still holding it too. all I get is downvotes on their page when I suggest that they fire their entire marketing team and start paying people like JRNY to push that coin. Disruptive technology should probably use disruptive or innovative marketing. Throw XTZ on tiktok lol damn like are the tokenomics that bad. I heard their OG crew might be just selling their bags and that’s why it’s kinda dead
This reminds me of the OG Ebay days, where sellers would bid on their own listings to drive up the price and create a sense of demand, and hope that the other bidder gets emotionally attached to the idea of winning the product.
If they spell it “BitCoin” , I doubt they’re asking about it. Those who know, know this is the OG spelling - capitalizing the ‘c’ in BitCoin. If you use a cap C in ‘Coin’ you’re OG as fuck are are most likely hodling a small countries wealth.
I love Nano. I will hold it until I have to sell it. Until that day, it is an OG crypto. But objectively speaking, there are a lot of other coins that do what Nano can do and can be staked. New investors will easily go for the one that can earn you more by simply holding it. Simply being fast isn't good enough. It doesn't matter what you and I think, because we both agree. However if you step into a new investor's shoes, it is very difficult to choose Nano over others.
Narcan for you hopium addicts: 1. Bitcoin: The OG crypto memecoin with 10,000x potential has become a boomer-investment on the same level as a Roth 401k. 2. ETH: Pretty neat concept. Only as decentralized as the US dollar since you need multiple monthly paychecks to do one transaction. The FED has this by the balls. 3. Solana: Irrelevant and does nothing special. 4. DOGE: its run is dun. SHIB took over and now SHIB is dead too. All other meme coins are fucked if they're dog based. 5. Vet: Just LOL if you buy this. 6. BSC: Like ETH but faster and better. "BuT Its cEntRalizeD bRo" -because of this it will never take off 7. LRC: Only famous becuse of Apes. Never Doubt the Apes but also prepare for massive disappointment