OT Crypto Currencies

Discussion in 'Blazers OT Forum' started by kjironman1, Feb 20, 2021.

  1. Phatguysrule

    Phatguysrule Well-Known Member

    Joined:
    Dec 31, 2008
    Messages:
    4,290
    Likes Received:
    3,948
    Trophy Points:
    113
    I let my wife talk me out of putting $1k into bitcoin in 2010. We bought her a Canon Rebel instead... And I stopped having time or extra money to worry about bitcoin.

    Fuck.
     
    EL PRESIDENTE likes this.
  2. donkiez

    donkiez Well-Known Member

    Joined:
    Jan 17, 2009
    Messages:
    3,663
    Likes Received:
    2,344
    Trophy Points:
    113
    Phatguysrule and EL PRESIDENTE like this.
  3. Phatguysrule

    Phatguysrule Well-Known Member

    Joined:
    Dec 31, 2008
    Messages:
    4,290
    Likes Received:
    3,948
    Trophy Points:
    113
    Last edited: Nov 18, 2021
    donkiez likes this.
  4. EL PRESIDENTE

    EL PRESIDENTE Conspiracy Theorist

    Joined:
    Feb 15, 2010
    Messages:
    47,566
    Likes Received:
    20,558
    Trophy Points:
    113
    Holy shit, crypto took a big dump.

    I'm negative on Doge.

    Bought the dip at 15 cents.
     
  5. EL PRESIDENTE

    EL PRESIDENTE Conspiracy Theorist

    Joined:
    Feb 15, 2010
    Messages:
    47,566
    Likes Received:
    20,558
    Trophy Points:
    113
    Bitcoin 46k
    Eth 3700
     
  6. EL PRESIDENTE

    EL PRESIDENTE Conspiracy Theorist

    Joined:
    Feb 15, 2010
    Messages:
    47,566
    Likes Received:
    20,558
    Trophy Points:
    113
  7. EL PRESIDENTE

    EL PRESIDENTE Conspiracy Theorist

    Joined:
    Feb 15, 2010
    Messages:
    47,566
    Likes Received:
    20,558
    Trophy Points:
    113
    Another dip. I'm actually negative on STORMX again, so may be a good time to add more.
     
  8. Fairly-Hard

    Fairly-Hard Well-Known Member

    Joined:
    May 2, 2021
    Messages:
    2,413
    Likes Received:
    1,965
    Trophy Points:
    113
    Not after today.
     
    EL PRESIDENTE likes this.
  9. Fairly-Hard

    Fairly-Hard Well-Known Member

    Joined:
    May 2, 2021
    Messages:
    2,413
    Likes Received:
    1,965
    Trophy Points:
    113
    Thinking about adding storm myself? Just no real action on it?
     
    Orion Bailey and EL PRESIDENTE like this.
  10. EL PRESIDENTE

    EL PRESIDENTE Conspiracy Theorist

    Joined:
    Feb 15, 2010
    Messages:
    47,566
    Likes Received:
    20,558
    Trophy Points:
    113
    Yeah, there are so many coins now, I don't know what to think about it. Just keeping some just in case it ever catches on.
     
    Orion Bailey likes this.
  11. Orion Bailey

    Orion Bailey Forum Troll

    Joined:
    Jan 27, 2015
    Messages:
    25,628
    Likes Received:
    21,111
    Trophy Points:
    113
    Losing on my end…
     
    Last edited: Dec 14, 2021
  12. Fairly-Hard

    Fairly-Hard Well-Known Member

    Joined:
    May 2, 2021
    Messages:
    2,413
    Likes Received:
    1,965
    Trophy Points:
    113
    Exactly. Too many coins. But Doge might take off? Stormx hasn't done anything worth while. My feeling is to simply continue to build Ethereum. That one seems to be the one true solid. Bitcoin is too expensive and it goes through huge valuation changes.
     
    Orion Bailey and EL PRESIDENTE like this.
  13. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    102,872
    Likes Received:
    94,567
    Trophy Points:
    115
    Fairly-Hard and EL PRESIDENTE like this.
  14. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    102,872
    Likes Received:
    94,567
    Trophy Points:
    115
    EL PRESIDENTE and Phatguysrule like this.
  15. Mediocre Man

    Mediocre Man Mr. SportsTwo

    Joined:
    Sep 23, 2008
    Messages:
    39,099
    Likes Received:
    18,153
    Trophy Points:
    113
    I bought bitcoin at $15, so far so good
     
  16. Phatguysrule

    Phatguysrule Well-Known Member

    Joined:
    Dec 31, 2008
    Messages:
    4,290
    Likes Received:
    3,948
    Trophy Points:
    113
    Still hoping Doge takes off...
     
    Fairly-Hard likes this.
  17. EL PRESIDENTE

    EL PRESIDENTE Conspiracy Theorist

    Joined:
    Feb 15, 2010
    Messages:
    47,566
    Likes Received:
    20,558
    Trophy Points:
    113
     
    Phatguysrule likes this.
  18. Fairly-Hard

    Fairly-Hard Well-Known Member

    Joined:
    May 2, 2021
    Messages:
    2,413
    Likes Received:
    1,965
    Trophy Points:
    113
    Yeah I'm thinking about doubling my Doge holdings. Not earth shattering but if that one takes off i could be sitting pretty good there.
     
    Phatguysrule likes this.
  19. Shaboid

    Shaboid Well-Known Member

    Joined:
    Apr 30, 2014
    Messages:
    5,529
    Likes Received:
    6,928
    Trophy Points:
    113
    The Mainnet is finally live. New whitepaper released about how mining and supply will work.
     
    EL PRESIDENTE likes this.
  20. EL PRESIDENTE

    EL PRESIDENTE Conspiracy Theorist

    Joined:
    Feb 15, 2010
    Messages:
    47,566
    Likes Received:
    20,558
    Trophy Points:
    113
    Got this from Voyager:

    INSIGHTS FROM FUNDSTRAT

    [​IMG]

    STMX KEY METRICS AS OF 1.19.22

    RECENT TOKEN PRICE

    $0.0172

    VOL. (24H)

    $4.8 M

    MARKET CAP

    $171.8 M

    CIRCULATING & MAX. SUPPLY

    $10.0 B

    FULLY DILUTED MARKET CAP

    $171.8 M

    RANGE (52W)

    $0.0024 - $0.099

    COMPARABLE ASSETS


    [​IMG]

    AT A GLANCE [​IMG]

    StormX (STMX) is a decentralized, Ethereum-based online shopping platform where users are given cashback in the form of crypto assets on their purchases at participating partners. Some of these partners include eBay, Microsoft, and Nike, among many others.

    INTEGRATING ECOMMERCE AND CRYPTO

    StormX was the first platform to offer crypto assets as cashback rewards for purchases made using fiat currencies at rates that can far exceed traditional cashback programs. The rewards come in the form of STMX, the protocol’s utility token, which can be exchanged for fiat currencies or popular layer 1 crypto assets like Bitcoin and Ethereum, allowing users to passively enter the crypto market. STMX holders can also stake tokens to provide liquidity on the platform and receive interest in return.

    TECHNICAL ANALYSIS AS OF 1.13.22


    [​IMG]

    STORMX- Technically, $STMXUSD is looking increasingly like a better risk/reward after its consolidation over the last six months, yet still insufficient evidence that a low is in place. Looking back over the last year, STMX’s April peak and July bottom lined up with quite a few other tokens, and subsequent rally into early September managed to retrace an almost exact 50% of this prior high to low range. Since that time, STMX has churned in recent months in a triangle pattern for three months ahead of a mid-December breakdown, which occurred on above-average volume. This turned the near-term trend bearish last month and since that time, it’s stair-stepped lower in a trend of lower highs and lower lows. The price dips from a risk/reward basis lies near last Summer’s lows near 0.01 which happened back on 6/22/21. However, if STMX were to turn higher and regain 12/31/21 lows at .02058, this would be an early positive sign to suggest the start of a move back higher. Further confirmation would happen above .02548, which would allow for a rally back up to test .03. At present, insufficient evidence is present technically to call for an immediate rally. Overall, rallies will be a work in progress, as trends have been negative for the last month after this December 2021 breakdown, and commonly utilized indicators like RSI (Relative Strength index) are not yet oversold, like what happened near the lows last Summer. Thus, one should look at pricing dips, if given the chance in the months ahead. Meanwhile, it’s important to pay attention if this starts to strengthen in a meaningful manner (>.02548) that would allow for a more substantial rally.

    GROWTH DRIVERS [​IMG]

    StormX is currently working on adding checking accounts and debit cards for the platform to become a one-stop shop for user-friendly ecommerce. Also on the roadmap is decentralizing its governance by putting all major protocol updates up for a vote, creating a community-led evolution of the protocol.
     
    Orion Bailey likes this.

Share This Page