Originally posted this here:
madfranks (12th August 2020),midnight rambler (11th August 2020)
Watch from 6:23
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 (18th August 2020)
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
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.
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...130000171.html
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
All about PolkaDot, broken down:
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/d...mmitment-token (Currently $181.41)
https://www.coingecko.com/en/coins/d...k-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.