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Thread 60938729

45 posts 14 images 17 unique posters /biz/
Anonymous (ID: slvZAVvd) No.60938729 >>60938889 >>60939437 >>60939646 >>60939654 >>60939658 >>60939675 >>60939707 >>60941567 >>60941682 >>60943083 >>60944429
It's dead isn't it?

It's alt season right now and yet this is falling behind.

Just be honest with me.
Anonymous (ID: slvZAVvd) No.60938875
Bump
Anonymous (ID: tDM02u/A) No.60938889 >>60939066 >>60939437 >>60939524 >>60939715
>>60938729 (OP)
I have over 12000 DOT (twelve thousand you read that right) with an average buy price of over 11 dollars. I think it's all over to be honest but still holding on to hope for one last spike to 10 dollars.
Anonymous (ID: XVGtthPg) No.60939066
>>60938889
Godbless you, I don’t own any Polka but I hope it goes up for you!
Anonymous (ID: GPRwC9o/) No.60939437 >>60939449 >>60939481 >>60944113
>>60938729 (OP)
I dont care.
I dont selling before 100$.

>>60938889
Everyone will sell at 7-11$ and then it'll GIGA ULTRA PUMP to 25$+ and then to a new ATH. Don't believe me? Then sell and we'll see what'll happen.
Anonymous (ID: GPRwC9o/) No.60939449 >>60939481 >>60944113
>>60939437
>Everyone will sell at 7-11$
When I say "everyone" I mean the small, emotional, desperate bag holders. They'll sell right into the buy walls of new people and whales and then it'll GIGA ULTRA MEGA PUMP.
Anonymous (ID: tDM02u/A) No.60939481 >>60939504 >>60939534 >>60939537
>>60939437
>>60939449
You keep spamming the same shit without any proof
Anonymous (ID: GPRwC9o/) No.60939504 >>60939511
>>60939481
>without any proof
No proof will satisfy an emotional man. You've already made up your mind based on your emotional state. The only way to move forward is to notice your emotions and digest them. No matter how many logical reasons I give you you'll never accept them as long as that emotion is lying dormant. Tell me anon, what can I say or do to convince you otherwise? Can you even come up with anything?

I dont care.
I dont selling before 100$.
Anonymous (ID: tDM02u/A) No.60939511 >>60939534
>>60939504
I want you to die
Anonymous (ID: qLoGxv6H) No.60939524
>>60938889
Good Luck m8
You will make it
Anonymous (ID: GPRwC9o/) No.60939534
>>60939481
I can give you an easy example that anyone will be able to understand. Let's say someone is PISSED at you. Can you LOGICALLY REASON with someone who's mad as fuck at you? You can't. The same principal applies to anyone who has an underlying emotion. In a lot of DOT holders case the underlying emotions are despair, disappointment, hurt, anger, embarrassment, fury, madness, scepticism, frustration, let down, humiliation, betrayal, bitterness, nervousness, worriedness, helplessness. Because you are externally motivated your emotions guide you, even though you might not feel them. As long as you trade based on your emotions and not your conviction in a project you'll run into the same issues over and over again, forever looping into nothingness.

>>60939511
>I want you to die
What you did there is a psychological defensive mechanism called displacement. You displaced your own anger toward DOT onto me, since I am an actual human being that can react to your words whereas DOT simply chugs along and doesn't care. You're doing this in order to get some temporary relief from your own agony and pain of making an emotional decision to buy into DOT with 0 or very little conviction. I guess you did not do your own research, correct?
Another thing you did is use the psychological defense mechanism called "acting out". This is because I very likely hit you in a spot where you feel vulnerable. I exposed your vulnerability for the whole board to see and that made you disassociate a little and then you tried to take it out on me.

Anon, don't worry. I can see and I validate your pain and sorrow. Remember, if you sell at 7-11$ based on your emotions you'll feel relief and all that relief will transform into despair once it pumps past 11$, leaving you behind, and then you might actually FOMO back in in order to, again, relief that feeling of despair.
Anonymous (ID: GPRwC9o/) No.60939537
Wow, this guy >>60939481 probably got banned because he said
>I want you to die
It's ok my dear jannies. I take no offense in his temper tantrums. He is just a hopeless man, who feels a lot of sorrow and who can't manage his emotions. I forgive him for his transgression.
Anonymous (ID: GPRwC9o/) No.60939646
>>60938729 (OP)
>It's alt season right now and yet this is falling behind.
See, it's all about perspective anon. You say "falling behind", I say it's having slow start into the parabolic run. Things start slowly, then pick up pace and then they explode. Literally ETH just hit ATH. What I'm trying to say is that ETH needs to make it's move for the next few months and after that the real alt season will begin where big alt coins make it's move. We're literally at the start of phase 2 (pic related). Just relax. ETH will do it's move to like 7k$ before we actually start going more heavily into phase 3. Once phase 3 hits DOT will probably be more than 11$ already. I anticipate it'll be around like 25-40$ at that point. And then at the start of phase 3 it'll pump over ATH, just like ETH pumped over ATH at the start of phase 2. And it's literally still the start of phase 2. We're literally below the ATH again for ETH. The bull cycle might literally extend until the end of 2026 to be honest. It's SLOW AS FUCK and I think most people will get caught of guard because they're all in the "4 year cycles" mentality. I think the 4 year cycle will break due to the market maturing and FED cutting rates so late into the cycle. I think we might a super cycle. I mean, the alt coin ETFs aren't even out yet.
Anonymous (ID: +qoD+AyP) No.60939654
>>60938729 (OP)
>polkadot
the name itself was DOA. just buy Zcash nigga.
Anonymous (ID: GPRwC9o/) No.60939658
>>60938729 (OP)
Also, retail literally is not even in the market. The whole bull cycle is driven by institutional demand. And guess what? Lately normies have been flocking to me, asking me how to buy into crypto. Retail is on it's way... This bull cycle might actually last for years to be honest. There is that possibility. If you look at gold, once gold got it's first ETF it was a 7 year long bull cycle. We might actually have a repeat of history. Then of course we'd also have a 10 year long bear market, and still, before that happens we'd all be rich. 1 DOT would probably be like 500$ or some shit before that happens. 1BTC probably well over 1million $.
Anonymous (ID: GPRwC9o/) No.60939675
>>60938729 (OP)
DOT is literally getting it's ETF in November. Also, yesterday, it was decided that the supply is getting CAPPED and a step supply schedule is getting enforced (https://polkadot.subsquare.io/referenda/1710). DOT will literally drop inflation by 53.6% while capping the supply at the same time.
Institutions will pour BILLIONS of $ into DOT ETFs (and other ETFs), especially now since the supply is getting capped and inflation getting more than halved. Before the cap and supply halving a lot of institutional players were like "This is like a junk bond" and they weren't completely wrong. Now this problem will be gone since the new inflation will literally be around 3.2% to 3.7% I believe.
Anonymous (ID: GPRwC9o/) No.60939707
>>60938729 (OP)
So, anon, does that soothe your emotions? Does that help? Again, it's all about perspective.
Anonymous (ID: 44M/Lh0N) No.60939715 >>60940488 >>60940850
>>60938889
I have 1600 dot with an avg buy in just under 7 dollars. I have also made peace with the fact that it's most likely over but I still look up the price every now and then. The technology is literally insane but I fear it was just too ahead of its time by like 20 years. I refuse to sell at a loss though and will ride it until the end.
Anonymous (ID: tDM02u/A) No.60940488 >>60940523
>>60939715
>The technology is literally insane

How would you know? Echo chamber slogan bullshit meme
Anonymous (ID: GPRwC9o/) No.60940523
>>60940488
How would you know? You've bought 12k DOT based on hype without DYOR... The only thing you know is that the background of the white logo is pink and that Gaving Wood is the main guy. And oooohhhh snap, you didn't get banned. Hello fellow DOT holder
Anonymous (ID: 9iTEiaYU) No.60940850
>>60939715
theres a good chance ull breakeven, but thats it
Anonymous (ID: GPRwC9o/) No.60941015
Move over Linkies. DOT is now the official crypto of /biz/.
Anonymous (ID: alTGS1E1) No.60941567 >>60941619 >>60941710
>>60938729 (OP)
it's not dead,
short to medium term you got 2 ETF submissions. Max decision time is November. There is a high likelihood that DOT will be approved within the next batch of L1 coins and utility coin ETFs.
If it doesn't make it in, you can officially declare it dead.

In addition you got all the Scytale backed coins that will pump sometime although Scytale will go on the max extraction path and they will sell all their allocations so you be ready to sell with them and ideally before them. It applies to Acurast, Aventus, Hyperbridge, etc.

Long term you got very "elite aligned" developments like this doxxing Proof of personhood. Gavin in the most Brit way possible has decided to go all in on compliance, KYC, FATF - Davos mindshare so he will test the waters and use the DOT user base as guinea pigs for his Orwelian experiments. If he succeeds and gets nooticed by his sempais then DOT can grow in value and reclaim the top spots for the same reasons Worldcoin will climb the marketcap ranks. Worldcoin has US VCs in the mix, Polkadot does not so tread carefully.

A big red flag is that Parity is shedding hundreds of millions so Gavin will reach for the web3 foundation's DOT for airdrops experiments grants, etc which can damage DOT's price due to dumping.

Personally I'll just wait for Sep 16th for rate cuts and Nov for ETF approval and then evaluate dumping my stack. I got an average of 5$ so not terrible but not good either as this token has underperforming compared to other big caps.

Just ignore piss ID bc he's a paid shill. Pic rel.
Anonymous (ID: 9iTEiaYU) No.60941619 >>60943260
>>60941567
well said, at what price should i start dumping? im not insane i know it wont ever reach 20$ or some shit. my personal plan is to start dumping at 8$ (if it even will go that high)
Anonymous (ID: GHYY6WF6) No.60941682
>>60938729 (OP)
It's probably one of the most undervalued, high upside coins in the large market caps.
The fact that people fade it and the price action is lagging despite developments and incredibly high utility makes it one of the best. Also sexy APY to attract retail.
Anonymous (ID: IsyAwWj5) No.60941710 >>60942744 >>60943260
>>60941567
Polkadot is a loser's coin. You might as well buy ATOM because Osmosis is actually useful... PissID is the same guy who creates threads about his sexually transmitted disease coin every time the price rises a little in its descent into hell. This is bullshit, guys, if you want a coin like this, ATOM is better in every way. At least they're actually trying.
Anonymous (ID: GPRwC9o/) No.60942744
>>60941710
I dont care.
I dont selling before 100$.
Anonymous (ID: VCFinxZv) No.60943083 >>60943128 >>60943135
>>60938729 (OP)
Man, seeing this coin brings me back to 2021
what this coin does honestly? never paid attention untill now that /biz/ keep talking about it. Is this the next link bag that we would be holding after 10 years?
Anonymous (ID: GPRwC9o/) No.60943128
>>60943083
It's basically ETH but on drugs. It literally solves all the problems that ETH has and even the ones that it will have once it'll solve the ones that it does have.
Anonymous (ID: notQF/5X) No.60943135
>>60943083
It might have the best tech, but it's quite autistic, it's taking way too long and the homosexual aesthetics and marketing don't help.
Anonymous (ID: 755FpPrA) No.60943260 >>60943318
>>60941619
More than looking at price, look at the important events and wide market movements. Check the pump that follows the rate cuts this year, supposedly 2 or 3. Then follow then November SEC decision about ETFs. Polkadot already has issuers interested and filed. Now they're just waiting for approval. Other than that you won't have events that trigger a higher price. It's all speculation, hype and vaporware. I expect it to be in the 10-15$ range after cuts to me that'd be 2-3x profit which is fine for this coin that's moved so badly. Even so, 20$ doesn't sound too impossible if all crypto goes into mania mode after rate cuts so follow the whole crypto market and its patterns and decide upon all the large movements that are about to come for the entire industry.

>>60941710
Osmosis is 2-3 years ahead in adoption compared to Hydration, Polkadot's equivalent so you got a point in there. Plus Osmosis devs are decent people. PissID and now a couple others are jeeting here because they're getting paid by those bounties, DAOs and agencies. You can see they don't understand imageboard culture based on just a few posts and lack of comprehension of basic English :)
>>I dont selling before 100$.
topkek
Anonymous (ID: GPRwC9o/) No.60943318
>>60943260
I dont careing.
I dont selling before 100$.
I dont giving fucking abut Londonistan.
I careing abut bounties, DAOs and agencys monie$$$.
Anonymous (ID: GPRwC9o/) No.60943709
https://polkadot.subscan.io/tools/charts?type=total_account
See pic related. The number of DOT holders has increased from 4m to 5m in 2 weeks
Anonymous (ID: GPRwC9o/) No.60943833
The ecosystem user count is going PARABOLIC. You can't deny simple statistics
Anonymous (ID: YNcF24PC) No.60943906 >>60943939 >>60944089 >>60944161
It certainly seems dead, but so did XRP, HBAR, Algorand and others about a year ago and then they suddenly did a 5x practically overnight. I sold my Algorand shortly before that happened, so I'm not making that mistake again.
Anonymous (ID: GPRwC9o/) No.60943939 >>60944161
>>60943906
It's dead until it isn't. And right as everyone sells and thinks it's dead projects make a come back. Remember, the market is DESIGNED to make the most people lose the most amount of money the most amount of time. It's an EMOTIONAL roller coaster for a particular reason.
Anonymous (ID: 755FpPrA) No.60944089
>>60943906
the main difference with XRP and HBAR is that they have heavy investor support and the "crypto made in America" meme helped them massively cuz you know they have a massive US fingerprint. That doesn't apply to DOT that doesn't have US presence in the slightest. It's all Berlin Berghain drug anal sex "alternative" culture and it shows.
Anonymous (ID: WRQ8BeXg) No.60944113 >>60944161
>>60939449
>>60939437
>there will be a sell-off that will cause the price to pump
Anonymous (ID: GPRwC9o/) No.60944161
https://polkadot.polkassembly.io/referenda/1721 The vote for RFC103 (Elastic scaling - Last update for DOT 2.0) got executed. We should get DOT 2.0 any day now.

>>60944113
Yes, small bag holders will finally dump and whales will scoop it up. It will be the final desperation dump before the GIGA ULTRA MEGA pump. A lot of small bag holders will dump at barely break even after holding for months/years. That's why it's called an EMOTIONAL roller coaster. Read here: >>60943939
>Remember, the market is DESIGNED to make the most people lose the most amount of money the most amount of time. It's an EMOTIONAL roller coaster for a particular reason.
Most people will sell, out of emotional reasons, and then get fucked. Just like this guy >>60943906
> I sold my Algorand shortly before that happened, so I'm not making that mistake again.
Do you see it? He's learning from his mistakes. Will you?
Anonymous (ID: 10qMpF07) No.60944429 >>60944457 >>60944464
>>60938729 (OP)

Are there any good projects still on that chain ? VCs and governance fucked over each and every project.
Anonymous (ID: GPRwC9o/) No.60944457 >>60944481 >>60944595
>>60944429
Yes. Hydration, peaq, Mythos, Hyperbridge, Bifrost, Moonbeam, Phala, Unique, Frequency, EnergyWebX, Neuroweb. And more chains announced that they'll launch soon-ish, like Acurast.
Anonymous (ID: GPRwC9o/) No.60944464
>>60944429
Ah, forgot KILT. And Mandala chain
Anonymous (ID: notQF/5X) No.60944481 >>60944519
>>60944457
But do you have to bridge your coins from one chain to another like in the ethereum L2s?
Anonymous (ID: GPRwC9o/) No.60944519
>>60944481
>But do you have to bridge your coins from one chain to another like in the ethereum L2s?
That's actually a great question. Thank you. The answer is yet BUT (it's a VERY BIG BUT). One of the biggest narratives of DOT is that native bridging is built into the base layer. And it's 100% SAFE and DECENTRALIZED and it's NOT called bridging it's actually called an HRMP channel. You can see it here: https://panorama.xcscan.io/ and https://xcscan.io/analytics/ and https://polkadot.subscan.io/tools/charts?type=xcm_flow_message. These are the channels between corechains.

Give me like 10min I'll explain more. I'll give you an example. I'm in the middle of something.
Anonymous (ID: 10qMpF07) No.60944595
>>60944457

Hydration is kind of a dex, mythos is not used (yet), peaq is bloatware, hyperbridge is a bridge, bifrost forgot what its doing, moonbeam is dead, phala is not mica conform, unique dead, frequency does not exist, energy web is european faggot shit, neuroweb dunno. KILT migrated away. XRT migrated. Mandala migrated. Many migrated.

Are there any use cases, that benefit a crypto user or just some brain fart projects left ? The good projects migrated away from Polkadot, why ?