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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
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Old 05-31-2021, 06:44 PM   #3031
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Thanks, MTG and Johnny.

I'm just getting my feet wet in crypto, but would have to think currency without the energy drawbacks (if indeed there are such drawbacks) would eventually rise to the top.
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Old 05-31-2021, 06:56 PM
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Old 05-31-2021, 07:15 PM   #3032
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Is there a less energy-dependent crypto out there? Or are all "mining" operations pretty much the same? (apologies in advance for what I'm sure is a dumb question)
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Old 06-01-2021, 01:58 PM   #3033
Michelangelo Michelangelo is offline
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Is there a less energy-dependent crypto out there? Or are all "mining" operations pretty much the same? (apologies in advance for what I'm sure is a dumb question)
Cardano is about 1300x more energy efficient than bitcoin. It’s the 4th biggest crypto and growing faster than the top three.
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Old 06-01-2021, 04:14 PM   #3034
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Old 06-01-2021, 05:05 PM   #3035
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Nice, I was wondering what caused the price jump. And it'll jump again on Thur then again when it is added to regular Coinbase.
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Old 06-01-2021, 11:51 PM   #3036
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I'm a boring investor tied up entirely in semi-aggressive mutual funds. But I've been reading this thread with interest for over a year. It's fascinating and I find myself rooting for all of you to make your fortunes.

I don't consider myself a hippie, but I heard a factoid recently that game me pause. I heard that the energy used in one day to mine bitcoin exceeds the energy collectively produced in a day by every solar panel on earth.

If that's true, you don't have to be a hippie to be concerned. Bitcoin mining appears to swamp every step we've taken on clean energy. Isn't that a concern? Does all cryptocurrency run on the same amount of mining energy? If not, wouldn't a non-energy consumer coin eventually be more profitable?
Where does that compare to PC gamers?
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Old 06-02-2021, 07:43 AM   #3037
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Where does one find cardano, and will eth 2.0 be a new crypto or just and update on the current eth?
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Old 06-02-2021, 08:54 AM   #3038
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Coinbase has Cardano.
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Old 06-02-2021, 12:27 PM   #3039
frozenchief frozenchief is online now
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Old 06-02-2021, 12:28 PM   #3040
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Kraken is a far better exchange as well. I can't speak for CB, but Kraken allows you to stake ADA right on the exchange for a weekly 5% coin reward. You can also use ADA's Yoroi wallet to stake in a pool of your choosing for rewards every 5 days.

IMO, it's the best place to park your crypto.
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Old 06-02-2021, 12:46 PM   #3041
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Kraken is a far better exchange as well. I can't speak for CB, but Kraken allows you to stake ADA right on the exchange for a weekly 5% coin reward. You can also use ADA's Yoroi wallet to stake in a pool of your choosing for rewards every 5 days.

IMO, it's the best place to park your crypto.
I park my crypto on a Nano hard wallet and I use Daedalus Mainnet for ease of use, mainly because Nano has not made it easy to store ADA. I understand that is more of an issue with ADA than Nano and there are plans to change this sometime in the future.

I do this mainly because I think security is better on a drive that I control. The main issue I see with people using Nano is that they lose their 24 word passcodes, which is one reason to use the Daedalus with your Nano. Staking with Daedalus is also super easy.

I've read good things about Yoroi in general but I use a Mac and other users have said that Daedalus works better with a Mac than Yoroi. When I was first looking into this, one could use Yoroi with a Mac but it required an extension with Chrome browser and just looked to be a pain. Daedalus was simple to download and use as a straight app.
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Old 06-02-2021, 05:39 PM   #3042
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Doge has 11b in volume, more than ADA (3.4b) and BNB (4.5b) combined. Last couple days of pumps were due to announcement that it will be added to Coinbase. Tomorrow that happens on CB Pro, then it will be added to regular CB a couple weeks later. I expect it will moon higher than it did the week leading up to Musk's SNL appearance.
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Old 06-03-2021, 12:54 PM   #3043
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Doge has 11b in volume, more than ADA (3.4b) and BNB (4.5b) combined. Last couple days of pumps were due to announcement that it will be added to Coinbase. Tomorrow that happens on CB Pro, then it will be added to regular CB a couple weeks later. I expect it will moon higher than it did the week leading up to Musk's SNL appearance.
Thought I'd get in on this a little so I set a .41 buy, which triggered. Big, stupid, mistake. Rumor was bought.
Last edited by eDave; 06-03-2021 at 05:38 PM.. Reason: NOT 1.41.
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Old 06-03-2021, 02:00 PM   #3044
MTG#10 MTG#10 is offline
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Thought I'd get in on this a little so I set a 1.41 buy, which triggered. Big, stupid, mistake. Rumor was bought.
Its not even tradeable on CB Pro yet. Once it goes live and then again on the regular CB app a lot more people will have access to it.
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Old 06-03-2021, 03:52 PM   #3045
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Where does one find cardano, and will eth 2.0 be a new crypto or just and update on the current eth?
ETH 2.0 is an update on ETH, not a new crypto.
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