Domain: tiger-web1.srvr.media3.us Crypto Selling Continues Friday..... | Page 3 | Money Talk
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re: Crypto Selling Continues Friday.....

Posted on 11/13/22 at 10:15 am to
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 11/13/22 at 10:15 am to
quote:

Ethereum is a decentralized app store with thousands of decentralized apps on it.



ETH used to be decentralized. POS ruined that.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
470615 posts
Posted on 11/13/22 at 10:18 am to
quote:

Those of you advocating for more centralized exchanges are missing the overall picture of crypto and why it came to be in the first place.

The problem is you'll never get mass adoption without centralized exchanges, and you need mass adoption for crypto to be worth anything.
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 11/13/22 at 10:21 am to
quote:

The problem is you'll never get mass adoption without centralized exchanges, and you need mass adoption for crypto to be worth anything.



BTC has been worth tens of thousands without mass adoption.
Posted by LordSaintly
Member since Dec 2005
42619 posts
Posted on 11/13/22 at 11:45 am to
quote:


Well sure all those smart contracts on the chain!!!! Which is probably the number 1 thing exploited today in the Crypto space.


Blockchains are incredibly secure.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 11/13/22 at 11:59 am to
quote:

The problem is you'll never get mass adoption without centralized exchanges, and you need mass adoption for crypto to be worth anything.


DEXs will be the thing going forward, as they should have been from the beginning.
This post was edited on 11/13/22 at 12:00 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 11/13/22 at 12:04 pm to
quote:

Well sure all those smart contracts on the chain!!!! Which is probably the number 1 thing exploited today in the Crypto space. Except it is extremely expensive to run the app directly on the Ethereum virtual machine.. So most apps actually reside in centralized servers that are much cheaper and faster than the slow old technology that is Ethereum Blockchain.


What?

I mean, yes many smart contracts are exploited.. stick with the big ones that have survived a bear and multiple years.

But the rest of that I'm going to need you to explain to me, as someone actively developing smart contracts, what you mean.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
470615 posts
Posted on 11/13/22 at 12:08 pm to
quote:

BTC has been worth tens of thousands without mass adoption.

Coinbase existed prior to BTC blowing up in bubble 1.0, brother.
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 11/13/22 at 12:51 pm to
quote:

Coinbase existed prior to BTC blowing up in bubble 1.0, brother.



so tell me again how that means btc has no value without mass adoption...it still isnt adopted en mass and has been worth tens of thousands, brother.
This post was edited on 11/13/22 at 1:00 pm
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
470615 posts
Posted on 11/13/22 at 1:17 pm to
quote:

so tell me again how that means btc has no value

I was talking crypto, generally. BTC will hopefully get to be a currency again by stabilizing.
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 11/13/22 at 1:22 pm to
quote:

I was talking crypto, generally. BTC will hopefully get to be a currency again by stabilizing.



same goes for ETH and many other cryptos. generally speaking they have worth, and that worth is still higher than it was years ago AND they have a fraction of the adoption of BTC.
This post was edited on 11/13/22 at 1:24 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11544 posts
Posted on 11/13/22 at 6:31 pm to
quote:

I was talking crypto, generally. BTC will hopefully get to be a currency again by stabilizing.


What does this mean? You can already spend Bitcoin with your Visa card just like you can with the money from your checking account.
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