/biz/ - Business & Finance

>>28387530
it already is u dingus.

Tether is just a scam to pump bitcoin and isnt used to do anything but avoiding taxes

>>28387530
no, not with that supply. this is vaporware.

>>28387570
they just printed 1 billion$ of tether "as a reserve" just to keep their 3rd spot

>>28387632
I dunno man is your shitcoin #4?

>>28387570
That aside, it will surpass tether when it reaches $1 and ETH in the high $6 range

Is it me or is GRT taking all the energy of Cardano today? I hold both but more ADA and it just crabs since the morning.

Not selling until it overtakes Ethereum.

It has potential to be number 1, but flipping eth is more likely

>>28387750
Cardano has a native blockchain indexer (and native decentralized oracles too btw), so if it takes over GRT (and LINK) are done for. Put a trailing stop loss on both.

>>28387530
my dad gave me some money to put into crypto at the start of the year, got him 10k ada, he's gonna be so proud of me in a few years time

>>28387632
Funny thing is Ethereum has an ever expanding supply and ADA is fixed at 45B therefore it's a harder asset.

>>28387750
grt was literally shilled by coinmarketcap

That means grt will be dead -99% next bearmarket

>>28387941
>start of the year,
those 10k ADA have already made a 2.5x I think he should already proud of you

ADA will be $50+ EOY
It's going to flip ETH
Here's your chance to buy the number 1 ranked PoS coin while it's still under a dollar bros

>>28388495
I think $100 is more likely

>>28388495
That would mean double the market cap of BTC anon. With time and a lot of government contracts, it is possible, but anyone giving you double digit EOY predictions needs to learn how market caps work. At $7 we flip ETH, that is the current goal. That will draw the attention of more devs and increase adoption.

ADA Vaporware

>>28389270
>>28388495
I think you're both full of shit bandwagoners who jumped on within the last week Or have no clue about market cap

In the long term I see the top 5 being BTC, ETH, ADA, IOTA, XLM. Added XLM because XRP is going in the fucking bin after the it loses the lawsuit.

>>28387530

I just bought $150 of it. Is it normally this slow to move? It's been 15 mins out of an exchange now. Luckily only a test amount, but wow.

>>28389399

>>28387820
100k stack here, never selling. I'm gonna live off of staking when it finally settles at a higher mcap than ETH

>>28387530
It will be #1. Hope that answers your question.

>>28389618
not enough movement in 15 minutes? wtf did you expect?

>>28389618
Is it the exchange or the network itself? I've bought on binance and had to wait >10 mins for them to "process" the transaction. After that its pretty quick.

>>28389611
>loses the lawsuit.

>>28389618
>>28389935
its binance fucking jew style sender that sends like every 15 minutes to save fees or someshit

>>28387632
I'm sorry you don't understand how math works. You see, to calculate Market Cap you take the circulating supply and multiply by the current price. Now show me the law of the physical universe that dictates which circulating supply quantities are forbidden from occupying the #1 spot you COPING mETH bagholding dingus.

We're going back to 0.6 right...
I just bought the dip at 0.92 but it keeps dipping further

>>28389618
You are waiting for Binance to actually do the send. Binance sends in batches with other people sending. They don't send when you click the send button. Normal time to send from one address to another is between 1 to 5 seconds in my experience.

>>28387530
Sorry anon, not possible

>>28389618
Based caffeine addict

>>28387915
GRT is more than an indexer and is blockchain anostic you retard.

>>28389771

How, wont we have to cash out the staking rewards then pay tax?

>>28389618
If you want quick movement I suggest you invest in McD coin.

>>28390134
Oh ok, cool. I send my ALGO out of Bittrex and it's about 45sec-2 minutes, 1-5 seconds outside. It's now been about 30 minutes since I sent ADA to my wallet though. Good to know its just Bittrex.

>>28390156
lol it was less than $0.1 away from passing USDT.
Also
>>28387570

>>28390068
Patience anon. Only good news from here. Whatever % gains BTC makes from here ADA will x3 that %.

>>28387570
What does Tether have to do with taxes?

>>28391424
>have 100k in crypto
>Sell and deposit into bank
>IRS comes knocking
or
>Swap for USDT
>Money not in bank, but its value is the same as if it was.
>No way for the bank to report it to the IRS if you don't deposit it
At least thats the theory from what I understand. I have heard that swapping cryptos is a tax instance.

>>28391753
Don’t you have to pay capital gains if you use tether to buy anything though

>>28391842
you "have to" but noone gives a shit unless you are moving millions

>>28389350
Fuck off, market cap is dictated by price, if everyone holding ada decided it wasnt worth selling unless it was over $10, the fucking price would be over $10 instantly changig the market cap without even $1 acrually added to the market

>>28387530
https://www.youtube.com/watch?v=K3l3_SAGXEE

Is there a country where IOHK did not setup shop?

>>28391842
>>28392119
>living in a country where crypto to crypto is a taxable event
you burgers are fucked beyond belief

>>28392404
Its dictated by price AND volume. The volume is also reflected in the price. If there was less volume, each token would be worth more. That's basic economics anon. Look at the top 100 coins on coinmarket cap and sort by circulating supply high>low then low>high. Do you notice anything about the prices of the coins when you do that?

I hold and believe in ADA. I'm not trying to FUD by any means, I just want people to have realistic expectations.

>if everyone holding ada decided it wasnt worth selling unless it was over $10, the fucking price would be over $10
>if

>>28392404
>t. Bought GME at the top
Has the squeeze been squoze yet?

>>28387632
Get this retard out of here. ADA bros give Cardano your energy to blast beyond $1

>>28393604
I'm getting very tired of explaining basic tokenomics to these newfags. Its good that they're here and found a great project to invest in, but they really need to stop talking out of their asses.