Polka Dot - The New Ethereum?

[Shami-Amourae]

https://www.youtube.com/watch?v=FtSqwCGD5aI

[Shami-Amourae]

Originally posted this here (http://gold-silver.us/forum/showthread.php?89478-Tell-me-about-Bitcoin&p=970613&viewfull=1#post970613):


I recommend PolkaDot projects instead, not Cardano. Cardano is already in the top 10.
PolkaDot was founded by one of the 3 original founders of Ethereum, Gavin Wood. Cardano was founded by one of the regular devs of Ethereum.

I know that sounds insane, but PolkaDot projects have a bigger gain potential. Investing in PolkaDot directly is more tricky.

Here's a list of projects:
https://forum.web3.foundation/t/teams-building-on-polkadot/67

For currently investable projects that are low market cap, here's a list:
https://www.coingecko.com/en/coins/sora (Currently $77.33)
https://www.coingecko.com/en/coins/openanx <--Doubtful on this one, GitHub activity is low (Currently $0.154868)
https://www.coingecko.com/en/coins/darwinia-commitment-token (Currently $119.19)
https://www.coingecko.com/en/coins/darwinia-network-native-token (Currently $0.050333)


Watch the Crypto Chico videos on PolkaDot. He's the biggest shill for it on YouTube and his shills have made me several 10x gains this year.

https://www.youtube.com/watch?v=NmdocI31vuo

https://www.youtube.com/watch?v=YnxQ48ZDbPo

The founder of PolkaDot, Gavin Wood also runs the Web 3.0 Foundation. His project, PolkaDot seeks to make things like Ethereum, but making everything idiot proof with point, click, drag+drop solutions making it so anyone can make Smart Contracts and Blockchain setups. It's like the easy to use website builders of today where you just point and click a few things and its done. This is likely to get more widespread adoption that Cardano since of ease of use (extremely important).

Everything in our world will become tolkenized and connected through the blockchain -- that's the vision of the future. From your toaster, to trials by jury (https://www.coingecko.com/en/coins/aragon-court), to voting.

https://web3.foundation/

[Shami-Amourae]

Watch from 6:23


https://www.youtube.com/watch?v=qP71Pkwjquk

Increasingly myself and people who know crypto are seriously thinking PolkaDot may be the legit Ethereum killer and be the true future of decentralized money. Time will tell, it most likely will fail for unknown reasons but holy shit this stuff is amazing.

I think Ethereum will eventually fail and people will jump ship to PolkaDot or Cardano, possibly both.
Cardano will likely be better for institutions, corporations, and governments.

[Ares]

Watch from 6:23


https://www.youtube.com/watch?v=qP71Pkwjquk

Increasingly myself and people who know crypto are seriously thinking PolkaDot may be the legit Ethereum killer and be the true future of decentralized money. Time will tell, it most likely will fail for unknown reasons but holy shit this stuff is amazing.

I think Ethereum will eventually fail and people will jump ship to PolkaDot or Cardano, possibly both.
Cardano will likely be better for institutions, corporations, and governments.

I've sold most of my Tezos on Kraken and will be buying some Polkadot as much as I can purchase once trading goes live. Definitely sounds promising.

[madfranks]

I've sold most of my Tezos on Kraken and will be buying some Polkadot as much as I can purchase once trading goes live. Definitely sounds promising.

What exchange are you using to buy Polkadot? Kraken still?

[Ares]

What exchange are you using to buy Polkadot? Kraken still?

Yep, Kraken has them listed. Current price is $3.00.

[Shami-Amourae]

Keep in mind the initial PolkaDot marketcap will likely be around $3 billion, so it will be competing directly with Cardano and Tezos out of the gate.

If anyone finds any promising projects that are investable on the Polkadot chain share them here.
Look for projects that you'd use the product or service.

I'm considering waiting a few days since usually major projects have sell offs once they are released to the public. What I'm saying is don't rush into getting PolkaDot just yet. Look for the low cap projects instead for right now.



I'm increasingly getting nervous of my Cardano holdings as PolkaDot might crush it so it becomes another EOS (large hype but became a dud).

A lot of new projects are shilled on /biz/, so that's a good place to do research.
https://boards.4channel.org/biz/
Use the archived version to do searches:
https://warosu.org/biz/


/biz/ is what made Chainlink by the way. They find rare gems and pump the shit out of them. The more memes you see for something usually the more successful it will be usually.

[Ares]

Keep in mind the initial PolkaDot marketcap will likely be around $3 billion, so it will be competing directly with Cardano and Tezos out of the gate.

If anyone finds any promising projects that are investable on the Polkadot chain share them here.
Look for projects that you'd use the product or service.

I'm considering waiting a few days since usually major projects have sell offs once they are released to the public.



I'm increasingly getting nervous of my Cardano holdings as PolkaDot might crush it so it becomes another EOS (large hype but became a dud).

A lot of new projects are shilled on /biz/, so that's a good place to do research.
https://boards.4channel.org/biz/

/biz/ is what made Chainlink by the way. They find rare gems and pump the shit out of them. The more memes you see for something usually the more successful it will be usually.

Not Polkadot, but Waves released their USDN stable (USDT competitor) on Ethereums blockchain yesterday. You can stake it for an annual return of 8-15%, its currently at 22% right now. (It fluctuates).

https://finance.yahoo.com/news/waves-ports-high-interest-yielding-130000171.html

[Shami-Amourae]

All about PolkaDot, broken down:

https://www.youtube.com/watch?v=wb0czKguqAY

[Shami-Amourae]

For currently investable projects that are low market cap, here's a list:
https://www.coingecko.com/en/coins/sora (Currently $77.33)
https://www.coingecko.com/en/coins/openanx <--Doubtful on this one, GitHub activity is low (Currently $0.154868)
https://www.coingecko.com/en/coins/darwinia-commitment-token (Currently $119.19)
https://www.coingecko.com/en/coins/darwinia-network-native-token (Currently $0.050333)
https://web3.foundation/

When I recommended PolkaDot 2 weeks ago the price was $2.70. It's $6.50 today.

https://www.coingecko.com/en/coins/sora (Currently $100)
https://www.coingecko.com/en/coins/openanx 7(Currently $0.218202)
https://www.coingecko.com/en/coins/darwinia-commitment-token (Currently $181.41)
https://www.coingecko.com/en/coins/darwinia-network-native-token (Currently $0.096120)


Everything I recommended went up. This is all while Bitcoin has gone down about $500 since then.

If you are still not into the crypto space you deserve to stay poor.

[Shami-Amourae]

Polkadot Projects by MC:
$DOT 5 bill
$KLP 32 mill
$RWS 2.9 mill
$KEN 3.9 mill
$KTON 8.2 mill
$OAX 8.4 mill
$XRT 13 mill
$DOCK 15 mill
$XOR 32 mill
$RING 39 mill
$OM 44 mill
$CELR 45 mill
$PCX 56 mill
$AKRO 62 mill
$EDG 108 mill
$OCEAN 169 mill
$KSM 311 mill
$EWT 376 mill

[Shami-Amourae]

Polkadot seems like a really solid buy right now.

Could easily 20x in the next year.

[EE_]

Polkadot seems like a really solid buy right now.

Could easily 20x in the next year.

Maybe it's time to declare hard assets dead in lieu of virtual assets.

Maybe we should change the name of Gold-Silver.us to Virtual-Money.us

[Shami-Amourae]

Maybe it's time to declare hard assets dead in lieu of virtual assets.

Maybe we should change the name of Gold-Silver.us to Virtual-Money.us

Pax Gold hasn't been performing that good. It's mostly been sideways:
https://www.coingecko.com/en/coins/pax-gold

[Shami-Amourae]

Smart money has been accumulating a shit ton of Polkadot.

https://www.youtube.com/watch?v=7yLrTeRYO3Q
It's the only thing I've been buying the past few months.

[Shami-Amourae]

Polkadot seems like a really solid buy right now.

Could easily 20x in the next year.

Polkadot got up to $15 today.

When I made this post Polkadot was $5.

A 3X return, and we're just STARTING.

If you feel late, Kusama is still cheap.

[vacuum]

Kraken won't let me sign up when I put in all my legit info. Says its not available in my state.

Seems like its a mess with any conversion of one crypto to another supposedly being taxed.

Not sure what the best procedure is to be able to get a hold of any.

[Shami-Amourae]

I wouldn't get any now since the price just shot up 400%. I only buy altcoins if they are rock bottom prices and the fundamentals say they will skyrocket, otherwise just buy Bitcoin. Humans have this weird fascination of buying High and selling Low. I only tell people on this forum to buy things when they are low. Every - Single - Time I've said to buy something on this forum it's skyrocketed. My altcoin calls are all time sensitive. I literally don't know what to buy now, I'm honestly just waiting for prices to potentially to crash temporarily (may or may not happen.)

You can get some Polkadot without KYC right now on Changelly now though.
https://changelly.com/


You can store it on an Atomic wallet:
https://atomicwallet.io/


Honestly I don't know what to buy right now. If you want back in maybe get some if the price retraces to $15, but I honestly am done buying as I packed my bags between $4-5. I tried my best to get everyone to buy back then since I knew this would happen.

The Bitcoin charts show we may test down into the $20K range again possibly, so I'd be buying Bitcoin and not altcoins if that happened. If we go to the $20K levels most news articles and anti-Bitcoin people will declare it dead for the millionth time, and this won't last very long (your last chance to get it that cheap likely.)

[vacuum]

You can get some Polkadot without KYC right now on Changelly now though.
https://changelly.com/


Thanks. Whats the best way to get BTC from cash?

That site looks great for crypto-to-crypto.

I saw this video of one method:
https://www.youtube.com/watch?v=k912X_-MSGI



Honestly I don't know what to buy right now. If you want back in maybe get some if the price retraces to $15, but I honestly am done buying as I packed my bags between $4-5. I tried my best to get everyone to buy back then since I knew this would happen.

The Bitcoin charts show we may test down into the $20K range again possibly, so I'd be buying Bitcoin and not altcoins if that happened. If we go to the $20K levels most news articles and anti-Bitcoin people will declare it dead for the millionth time, and this won't last very long (your last chance to get it that cheap likely.)

Ok. I need to get BTC right now anyway before I can purchase alts.

[Shami-Amourae]

If you feel late, Kusama is still cheap.

Kusama doubled in price since this post.

[Shami-Amourae]

Thanks. Whats the best way to get BTC from cash?


Depends your country and state. I don't know. Coinbase is good for most Americans. I don't know much for everything. Swissborg is probably best for non-Americans but I am an American so don't know much about it.

Kraken or Binance would be the best but it's complicated and a long process to wire money to those.

The Bitcoin price is very odd right now, it can't decide if it will go down or up, but there's crazy high buying pressure now. There's also institutions who want to manipulate the price lower so they can buy more.

Again, if the price of Bitcoin goes into the $20K range I'm personally buying that. Wait a few days or a week before you do anything. That's what I'm doing.

[vacuum]

I'm getting verified with coinbase right now.

Main thing I'm wondering about is any recommended no KYC methods. That seems pretty important.

[Shami-Amourae]

I'm getting verified with coinbase right now.

Main thing I'm wondering about is any recommended no KYC methods. That seems pretty important.

Converting cash to crypto is tricky but doable. You're getting into grey and black market territory, meaning you're open to getting scammed or hacked, so just be careful.

Goodluck not getting picked up by the Feds for using this:
https://localbitcoins.com/


If you wanna fly under the radar get some Bitcoin on a site like Coinbase, then convert it to Monero on Changelly or some other Atomic Swap site. Actually try to avoid Changelly for Monero if you can since they may ask for KYC. I believe the Coinomi wallet also you to hot swap Monero too without KYC.

Once your funds are in Monero you can do whatever without anyone ever knowing, just please use a VPN while doing this to be extra sure. You will seriously want some Black/Grey market funds for when the NWO has full power for fake IDs, vaccination cards, guns/ammo, and whatever "illegal".

[EE_]

Converting cash to crypto is tricky but doable. You're getting into grey and black market territory, meaning you're open to getting scammed or hacked, so just be careful.

Goodluck not getting picked up by the Feds for using this:
https://localbitcoins.com/


If you wanna fly under the radar get some Bitcoin on a site like Coinbase, then convert it to Monero on Changelly or some other Atomic Swap site. Actually try to avoid Changelly for Monero if you can since they may ask for KYC. I believe the Coinomi wallet also you to hot swap Monero too without KYC.

Once your funds are in Monero you can do whatever without anyone ever knowing, just please use a VPN while doing this to be extra sure. You will seriously want some Black/Grey market funds for when the NWO has full power for fake IDs, vaccination cards, guns/ammo, and whatever "illegal".

Doesn't anyone buying, or selling have to go through a bank to get their cash transferred to coinbase. Doesn't seem very anonymous.
I was thinking about buying GBTC in the stock market. Low risk exposure, also low reward, but safe.

[Shami-Amourae]

Doesn't anyone buying, or selling have to go through a bank to get their cash transferred to coinbase. Doesn't seem very anonymous.
I was thinking about buying GBTC in the stock market. Low risk exposure, also low reward, but safe.
GBTC is more of something for rich people who are too afraid of holding custody of their Bitcoin. It's similar to getting a GLD or SLV ETF. You don't hold your funds. Personally if I was going to go that route, just get it on PayPal, but keep in mind if you don't know your private keys to your coins, they really aren't yours. Holding them directly on Coinbase is better.

----------------------------


So about anonymous Dollar to Crypto...

Obviously onboarding any funds with USD is tricky without KYC.

Of course there's other methods to do it without KYC (Banks). One is LocalBitcoins. You can also use pre-paid debit cards on exchanges without KYC, but be prepared to pay high fees.


Another option people don't mention is literally Bitcoin ATMs. They are around more places than you can imagine, but keep in mind the fee's are very high. You usually can get crypto without KYC on those. Gas stations have those, and there's also CoinStar, which funny enough is doing more and more business with Bitcoin than collecting coins. That's at a lot of grocery stores.
https://www.coinstar.com/findakiosk/
CoinStar typically will try to force you to do KYC through a third party, but you could fake that if you're clever, just saying. I mentioned this since you used to be able to get Bitcoin through this method easily without KYC but the government clamped down on it. I won't post loopholes since I've never done this.


The United States basically the the most regulated country when it comes to money. We have the most draconian controls and laws. This isn't a problem in countries outside the US, which it's a lot easier to get in and out of crypto without KYC.





I will repeat this: The best method is to buy plain Bitcoin on Coinbase with KYC, then swap it for Monero on an atomic swap exchange without KYC, THEN play with that. Once it's in Monero it can never be tracked, and you can convert it to whatever you want from there. The government cant do shit to you once its converted to Monero, since they won't know where it's gone.

[vacuum]

I will repeat this: The best method is to buy plain Bitcoin on Coinbase with KYC, then swap it for Monero on an atomic swap exchange without KYC, THEN play with that. Once it's in Monero it can never be tracked, and you can convert it to whatever you want from there.

Seems like this is the way to go.