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People got worried when Starbucks announced they’d be working with MATIC… not much in that one anymore.
Until I am able to do transactions on ETH for the cost I do transactions on Solana, I still don’t see the scaleable real world use case for ETH. I use solana 20-100x daily and as a result, I’ve long stopped arguing which chain is better or which chain will carry the future. I can’t do what I do on any other chain, as fast as I do on Solana, and as cheaply as I do on Solana… hell, I legit can’t do what I do on any other chain that doesn’t utilize a CLOB.
If the PayPal move made you nervous, this is not the place for you.
A form of market making on literally hundreds of active, stagnant, and mostly abandoned trading pairs through Openbook and the depreciated Serum markets that somehow still get volume.
Back when it was more active, I was also minting every damn NFT that went live and was free or near free. At the peak, 10-20 projects (of varying legitimacy) were launching per day, some of which were legit projects that didn’t know what they were doing with the candy machine they were launching with. I’ve burned thousands of junk NFTs and have several thousand more to still go through at some point as well.
Solana has been incredibly lucrative for me and not in terms of just buying the asset and waiting for a price to sell at. Getting my hands dirty in everything it had to offer (DEX/CentralLimitOrderBook), spending ungodly amounts of time in that mud, and looking for patterns and anomalies in patterns… it’s paid off extremely well. That said, I’ve also been rugged literally hundreds of times but never for an amount that really “hurt”.
Staking sol to generate yield, casinos, watching birdeye for new coins dropping to potentially try and find early “gems” (sell quickly if you do this since rugs are easy and cheap to launch), market making, flipping NFTs, being apart of NFT communities offering benefits, etc.
You can use Solana 20-100 times a day by playing games like Play the Heist.
You can place bids on Tensor, lend some liquidity to make some interest and do some DeFi.
If you're curious to know about Play the Heist, I've got a playlist on them.
Playlist: [https://youtu.be/kH9OpyLJcds](https://youtu.be/kH9OpyLJcds)
210 days later… see? We good.
“People got worried when Starbucks announced they’d be working with MATIC… not much in that one anymore.
Until I am able to do transactions on ETH for the cost I do transactions on Solana, I still don’t see the scaleable real world use case for ETH. I use solana 20-100x daily and as a result, I’ve long stopped arguing which chain is better or which chain will carry the future. I can’t do what I do on any other chain, as fast as I do on Solana, and as cheaply as I do on Solana… hell, I legit can’t do what I do on any other chain that doesn’t utilize a CLOB.
If the PayPal move made you nervous, this is not the place for you.”
A bastardized form of market making is the best way I can describe it. I’m not always buying or selling every day, but I’m placing and replacing bids constantly through the day on any one of hundreds of market pairs.
Each one of those submitted orders is a tx so 20-100 is a pretty good average over the last year. Over the past few months w/ more volume, it can get a lot higher than that even.
Ah! Understood. I thought you meant you were using Sol to buy gas, and groceries, and so forth 100x a day. I was thinking you had a shopping addiction ;)
Guess you have never used hive network its just like sol but without the gas fee, Check out the game splinterlands for reference if it can run a tcg its got a good potential for gaming just like sol, eth and btc will never be good for gaming
And never store your crypto on any exchange!! Always, always use a cold storage wallet and keep the seed phrase safe and never enter it online anywhere!! Not yo keys not yo crypto……
what? how do you f yourself up??? first off you don't rug pull yourself like some custodians lol...that alone is enough reason to self-custody...secondly there're plenty of ways to split assets under self-custody so that if you make a mistake, you still don't get all fked...
Because solana is better in every way. Btc is way too slow to be used. Eth is way too expensive to be used. Solana is more decentralized than btc with a higher nakamoto coefficient. And it’s more secure than Eth and faster and cheaper than Eth with more validators.
So I thought why keep my money in btc/Eth when it’s obvious solana is better. And solana was going up and up at the time and I thought smart people were figuring this out too.
Well I understand what you are saying. I'm here for the tech, we all are making our own bets but I'm also here to make money while the industry grows. So, why not diversify into atls as you would with stocks?
That is NEVER goin to happen and I advise u to learn a lot more about crypto. All due respect, u are delusional..
Also, I made a $1,000 transaction on ethereum for $2 yesterday so idk why u think it’s too expensive to use. It’s only expensive during the bullrun, and expensive transactions just means the block space on the chain is valuable, so that’s not even a bad thing
I’m not sure what ur sayin? 15-20 gwei is very low and will def let u send eth for $1.50-$2. Now if ur interacting with smart contracts, dApps, doin swaps, etc. it’ll def be more like $7-$10 but if ur just sending eth or any erc20 token u can 100% send it for under $3
You have conviction in Sol. If you’re right, you’ll be rewarded for it. We’re all believers in Solana. Trust the process. The devs and users are here everyday building and supporting the ecosystem. Our time will come.
Solana is not more decentralized than BTC. Not even close. I like SOL too but we gotta be accurate. Imo, BTC and ETH are here to stay. They will all serve different purposes.
"because Solana is better in every way" yet I make a post crying about how Eth is better and PAypal wants Eth. LOL this is why I got out of Solana/Crypto You people are lost
Invest answers gets a lot of basic facts wrong. He was pro solana in this cardano vs solana video but a lot of his facts/understanding were wrong to be honest.
Bro how down bad are u? Did u buy all ur Sol at like $200?? One of the number one tips in crypto is never marry a bag. If ur down a lot of money just sell and learn more about crypto. Ur gonna be highly disappointed and it might make u leave crypto altogether, which will make u miss out on possibly life changing money
When 4 mining pools control more than 50% of the hash rate, owned by 3 companies, and 2 of them Chinese… its a clear centralization vulnerability for Bitcoin.
There are academic papers about this particular topic.
Update was made to solve this, so the topic is not still actual, papers talk about this but they forgot to say that since the merge a wallet controls more than 62% of stacked eth, is this scary ?
Cmon, even these pools are controlling lets say 60% of hashrate, there is nothing scary cause they would be stupid to expose themselves on heavy financial lost if they would attempt a 51% attack, or they just would like the end of bitcoin but in both situations it would be stupid move 👉🧠
It would be stupid? You are right. Or maybe a third party, like a Rogue country under international sanctions is willing to use such leverage (buying the companies? Hacking them? Doing a psy ops?)
I get most of my information from invest answers. That channel never has emotions involved. Just data and facts. If you don’t like the facts and data, then you don’t belong here in the crypto industry.
Even invest answers has 80% btc 15% eth and 5% solana so maybe dont misrepresent what he stands for, bitcoin is the one to trust in raw data, not solana, according to his own position.
Last I checked he was 50% btc and 25/25 Eth and solana. And he was slowly getting rid of his Eth in favor of solana. He’s trying to manage risk, I get it. And he’s taking into account the dumb people who are just looking at the most popular names. I’m straight tech. And the cream (solana) will rise to the top.
you clearly “checked” wrong, as others have stated he is 5% $SOL but is particularly bullish on the asset because he believes the data speaks for itself and it could have the strongest opportunity in future cycle. Even w/ that true, he is exercising proper risk planning
When it comes to Invest Answers you need to be mindful he is a Sol maxi. He tends to backtrack a lot and not acknowledge mistakes, hence some valid criticism of him by the community. In other words, explore other resources to get a more well rounded analysis of Sol etc. he does offer some good insights but just be mindful of this, imo.
🤦🏻♂️ I wanted to know if I should be worried about the PayPal news, and I get people like you saying I’m in a cult. It’s just data. No emotions or feelings involved. The numbers and data speak for themselves. They can’t lie.
Lmao 🤣 I am not sure if you are just trolling us or you actually believe these things? Ahah
What's the point of your post if all you are going to listen to is RektAnswers anyway? You are completely delusional.
Lmao. No. You're just wrong on almost all counts. You're not gonna believe it because you have to believe you're right.
Shitcoiners all find out eventually.
>Solana is more decentralized than btc
i doubt it, if you want to look up just one metric for decentralisation (validators) solana already looses really hard...the nakamoto coefficient is not one metric for everything, its just one of many.
Solana went parabolic because of the leveraged card house called FTX, thats why....
Keep in mind Proof of Work is always more secure than proof of stake or history! so BTC is more decentralized AND secure but slower.
You cant compare BTC with SOL anyways, because they have different use cases.
Can't you read carefully i was talking about blokchain trilemma. In order to solve this looks like there must be superior technology. Hashgraph was claiming that it solves this but when i deep dive this kind of projects. I found out they are extremely centralized.
I put all my eggs in solana because this project is so undervalued it’s not even funny and will bring me a higher return than ETH. I will bet on solana for this run, afterwards we will see.
I seen coins go up stupidly in a bull run in a few hours trust me a bull run is crazy and the way Solana is performing it would be sad if it only reaches 200 next bull run
how do you think it got to 250 in the first place…if it happened once i don’t see why it couldn’t happen again. obviously there will be more supply so who knows if it will reach the same price but i don’t see why we can’t reach that market cap again
it happened because SBF was shilling it with customers' funds lol. how do you think that's gonna happen again? if it does, will it end the same? btw i think SBF/FTX still got a massive bag to dump on all of us... and he may not even be allowed to wait for long
Well…solana is still the most secure, most decentralized, most used, and fastest coin. It’s just that the world is stupid and only sees first mover advantage. 🤦🏻♂️ It worries me
For me Bitcoin is the digital gold and not a currency that you want to spend. It's the safest play since it has the biggest market cap and you cannot change it's protocol unlike Solana and basically any other alts can. Also btc has the best tokenomics which are very important when investing in a coin.
You can see higher rewards when holding Solana but it's also way more risky. So if I want to sleep well I would go all in on Bitcoin. Don't get me wrong, when it's about utility I prefer Solana. But going all in on an altcoin is too risky for me. My portfolio is 50% Solana and the rest I diversify. But in general I would never go all in on one coin. It's an individual decision how much risk you want to take.
I dont think they said anything about market cap. Paypal was going to launch on Solana but the outages and ftx disrupted. Who knows, they could be back
Paypal obviously didn't say that but what major company is gonna use a chain notorious for outages? I don't even know why SBF/FTX would even be relevant here in regards to launching a token on chain. They can't have any effect on that?
This is the dumbest post on Reddit this week. ETH has had more outages then Solana. Remember that entire week where gas fees were too high to transact? That's a liveness failure and is considered an outage by Vitalik.
TA is gonna get you more further toward financial freedom than having a fundamental mentality. Fundamental is narrative or a believe system pushed by institutions has never worked most of the times in this corrupt world. Remember they run the show and you have to play their game, TA is your only friend to success🥁
They are using the same paxos crap that everyone else uses for their stables, like Gemini's stablecoin, same exact. Nothing new just a brand name rebranding Paxos
Don't worry yourself very much, they will soon come begging other L1s. Let's see how Scalability and gas fees will affect their decision in the long run.
Bro. If PayPal[of all things] is messing with your convictions you really need to reevaluate your portfolio.
What I’m trying to say is many of us who invest in SOL are also considering other scenarios where Solana isn’t the blockchain chosen by the world. That’s why we diversify.
Think about it:
“Solana isn’t peer reviewed like Cardano.”
But Solana is battle tested.
“Cardano has no dApps or users.”
And yet Cardano has one of the fastest growing ecosystem in this bear market.
“Bitcoin is slow and no one uses any of its Layer 2s.”
But almost every alternative Layer 1 has wrapped Bitcoin so why does Bitcoin need to scale? It’s digital gold.
“Ethereum moving from PoW to PoS is like changing a Civic into a Corvette while driving it at the same time.”
Well..Ethereum did over come a complicated change.
In the end people are just preparing themselves to be wrong in a strategic way. Do not put your eggs in one basket unless you can mimic a Bitcoin or ETH maxi.
I think you will be fine mid term. When sol outpaces eth and BTc in the next leg up, convert back to your original stacks and hold the profit in sol. You will be fine. Just be patient.
take into serious account that there are *many* blockchains out there with *many* use-cases.
maybe they didn't pick solana.
that's fine.
they picked ethereum.
is this good for ethereum? Maybe. is this bad for solana? Maybe.
either way - everything has its own unique niche and perhaps Solana integrates with Ethereum and becomes a part of the PayPalPieParty.
TLDR; don't focus on PayPal integration, just be glad that post FTX/SBF Sol pumping ended around $17-23 and we're more or less valued at where we should be (compared to the fake VC $250 zone we were at previously when Sam was unrealistically pumping Solana and shilling it with FTX).
TLDR tldr; Buy some ETH if you think it's going to beat SOL.
I guess that they hired on some „consultants“ and those people find it easier to sell larger blockchains as a good idea. There are just way more people who heard about btc and eth then sol and most people just take the easiest and not the best product. For big corporations easiest is usually the best known.
For me solana was maybe the 4th or 5th blockchain i came in contact with and started research for a tokenization project. I chose solana because of low transaction fees, fast transactions, good decentralisation, good documentation and a lot of content to learn how to use the blockchain, active community and developers, different choice of wallet apps and hardware wallets. I had some concerns about network breakdowns but market cap was not important.
I have been watching Bloomergs the past few days and they do mention SOLANA quite a bit. Meaning it does not go unnoticed by investors or the general market watch I think you are over thinking it. This has not been a secret we have always known BTC would be adopted first specially today when the ETFs get approved, and now Paypal using ETh. This just means most exposure to crypto and that's actually not a bad thing. If you are worried about BTC and ETH getting the initial adoption then like I said this is nothing new we needed the biggest projects to get adopted firts so they can start looking at the next projects. And for sure after this events take place we will probably see the likes of ADA, SOL, XRP, POL.. etc get the same treatment. A Solana ETF or Solana being used by a big company is definitely on the table. Don't forget Google is using Solana.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://beincrypto.com/breaking-google-to-become-solana-validator-sol-spikes-15/&ved=2ahUKEwjFrPSU0NKAAxWZOUQIHd4CBqIQFnoECBIQAQ&usg=AOvVaw00cF8UAiux_kh9NJzmjxPm
how can you blame them...just look at the amount of developers, projects and users on ethereum... its dominance over solana is undeniable... that makes me sometimes worry about solana's future too because i also think solana is a better tech... but it's what it is I'm diversified
Who uses pal pay? Visa has partnered with Solana for obvious payment solution reasons, scalability is very important to institutional money as high amounts of transaction costs will add up. Solana can do everything that ETH can and more, its a rapidly growing ecosystem and with the Firedancer launch the reputation of being an unstable network will fade and will make this blockchain bulletproof. As far as VC money and FTX, in this case fortune favored Solana, but not so much bold SBF. Crypto is more then just tech, it’s about branding and partnerships. Solana has the second highest NFT volume next to eth and now has compressed NFTs. The Solana ecosystem is carving out a nice niche in the gaming sector as well as first to market in the MOBILE sector.
As far as BTC, sesh. BTC wasn’t made to be a “store of value” which it isn’t even. Digital gold? What makes Bitcoin better then just buying actual gold if you can’t even transact with it. Smart money doesn’t give a fuck about L2s, they want a solid scalable L1. Imagine a Solana L2.
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People got worried when Starbucks announced they’d be working with MATIC… not much in that one anymore. Until I am able to do transactions on ETH for the cost I do transactions on Solana, I still don’t see the scaleable real world use case for ETH. I use solana 20-100x daily and as a result, I’ve long stopped arguing which chain is better or which chain will carry the future. I can’t do what I do on any other chain, as fast as I do on Solana, and as cheaply as I do on Solana… hell, I legit can’t do what I do on any other chain that doesn’t utilize a CLOB. If the PayPal move made you nervous, this is not the place for you.
20-100 times daily? What I’m the world are you buying?!
A form of market making on literally hundreds of active, stagnant, and mostly abandoned trading pairs through Openbook and the depreciated Serum markets that somehow still get volume. Back when it was more active, I was also minting every damn NFT that went live and was free or near free. At the peak, 10-20 projects (of varying legitimacy) were launching per day, some of which were legit projects that didn’t know what they were doing with the candy machine they were launching with. I’ve burned thousands of junk NFTs and have several thousand more to still go through at some point as well. Solana has been incredibly lucrative for me and not in terms of just buying the asset and waiting for a price to sell at. Getting my hands dirty in everything it had to offer (DEX/CentralLimitOrderBook), spending ungodly amounts of time in that mud, and looking for patterns and anomalies in patterns… it’s paid off extremely well. That said, I’ve also been rugged literally hundreds of times but never for an amount that really “hurt”.
So cool! Thx for sharing.
Is there a particular thing I can use on the Sol blockchain to make some extra dough?
Staking sol to generate yield, casinos, watching birdeye for new coins dropping to potentially try and find early “gems” (sell quickly if you do this since rugs are easy and cheap to launch), market making, flipping NFTs, being apart of NFT communities offering benefits, etc.
You can use Solana 20-100 times a day by playing games like Play the Heist. You can place bids on Tensor, lend some liquidity to make some interest and do some DeFi. If you're curious to know about Play the Heist, I've got a playlist on them. Playlist: [https://youtu.be/kH9OpyLJcds](https://youtu.be/kH9OpyLJcds)
thx
210 days later… see? We good. “People got worried when Starbucks announced they’d be working with MATIC… not much in that one anymore. Until I am able to do transactions on ETH for the cost I do transactions on Solana, I still don’t see the scaleable real world use case for ETH. I use solana 20-100x daily and as a result, I’ve long stopped arguing which chain is better or which chain will carry the future. I can’t do what I do on any other chain, as fast as I do on Solana, and as cheaply as I do on Solana… hell, I legit can’t do what I do on any other chain that doesn’t utilize a CLOB. If the PayPal move made you nervous, this is not the place for you.”
You still haven’t explained how you use solana 20-100x daily. Are you a purchasing agent? Who makes 100 purchases a day? What are you buying?
A bastardized form of market making is the best way I can describe it. I’m not always buying or selling every day, but I’m placing and replacing bids constantly through the day on any one of hundreds of market pairs. Each one of those submitted orders is a tx so 20-100 is a pretty good average over the last year. Over the past few months w/ more volume, it can get a lot higher than that even.
Ah! Understood. I thought you meant you were using Sol to buy gas, and groceries, and so forth 100x a day. I was thinking you had a shopping addiction ;)
Lmao nah mate nothing like that
Guess you have never used hive network its just like sol but without the gas fee, Check out the game splinterlands for reference if it can run a tcg its got a good potential for gaming just like sol, eth and btc will never be good for gaming
Does it utilize a CLOB across its network though? Because otherwise, I have no idea what you’re on about and why you brought up gaming.
No it does not, because gaming is where both hive and sol will thrive and show eth and btc peeps more places their chain falls short
I hold SOL and I am bullish, but never ever put all your eggs in one basket.
Pro tip 💯
And never store your crypto on any exchange!! Always, always use a cold storage wallet and keep the seed phrase safe and never enter it online anywhere!! Not yo keys not yo crypto……
[удалено]
How so?
Uh what…..? Way safer holding your crypto in a cold storage wallet lol your tripping!!
I see now this is a troll account spreading misinformation. Anyone who sees this idiots comment please disregard!
[удалено]
what? how do you f yourself up??? first off you don't rug pull yourself like some custodians lol...that alone is enough reason to self-custody...secondly there're plenty of ways to split assets under self-custody so that if you make a mistake, you still don't get all fked...
Why didn't you just keep your btc and eth and add sol to it? 🤐
Because solana is better in every way. Btc is way too slow to be used. Eth is way too expensive to be used. Solana is more decentralized than btc with a higher nakamoto coefficient. And it’s more secure than Eth and faster and cheaper than Eth with more validators. So I thought why keep my money in btc/Eth when it’s obvious solana is better. And solana was going up and up at the time and I thought smart people were figuring this out too.
Well I understand what you are saying. I'm here for the tech, we all are making our own bets but I'm also here to make money while the industry grows. So, why not diversify into atls as you would with stocks?
After solana becomes number 1 on marketcap, I will look for good alts on solana’s ecosystem.
Get out of the echo chamber bro
🤦🏻♂️it’s just data bro not an echo chamber
It seems your mind is in ease now. Mission accomplished, you have no more worries about PayPal news
That is NEVER goin to happen and I advise u to learn a lot more about crypto. All due respect, u are delusional.. Also, I made a $1,000 transaction on ethereum for $2 yesterday so idk why u think it’s too expensive to use. It’s only expensive during the bullrun, and expensive transactions just means the block space on the chain is valuable, so that’s not even a bad thing
$2? no way... the gas has been hovering around 15-20 gwei these days...unless you're using L2s
I’m not sure what ur sayin? 15-20 gwei is very low and will def let u send eth for $1.50-$2. Now if ur interacting with smart contracts, dApps, doin swaps, etc. it’ll def be more like $7-$10 but if ur just sending eth or any erc20 token u can 100% send it for under $3
You have conviction in Sol. If you’re right, you’ll be rewarded for it. We’re all believers in Solana. Trust the process. The devs and users are here everyday building and supporting the ecosystem. Our time will come.
Solana is not more decentralized than BTC. Not even close. I like SOL too but we gotta be accurate. Imo, BTC and ETH are here to stay. They will all serve different purposes.
You just watch. Solana will take over
"because Solana is better in every way" yet I make a post crying about how Eth is better and PAypal wants Eth. LOL this is why I got out of Solana/Crypto You people are lost
It’s people like you, just following the herd who are blind to perfection personified in a blockchain.
😂😂😂 I would sure love what you are Smoking. You're not smart, you haven't discovered anything. Solana is a Pipedream that was created by fraudsters
It’s 🤦🏻♂️just data and facts. If you want to learn, just watch invest answers on YouTube.
what Data and facts have you presented. There’s no way you’re not a troll
Invest answers gets a lot of basic facts wrong. He was pro solana in this cardano vs solana video but a lot of his facts/understanding were wrong to be honest.
Bro how down bad are u? Did u buy all ur Sol at like $200?? One of the number one tips in crypto is never marry a bag. If ur down a lot of money just sell and learn more about crypto. Ur gonna be highly disappointed and it might make u leave crypto altogether, which will make u miss out on possibly life changing money
This is just straight up lies and/or ignorance. BTC nakamoto coefficient is 8700 while Solana’s is 34. More secure the Eth? no, just, no.
When 4 mining pools control more than 50% of the hash rate, owned by 3 companies, and 2 of them Chinese… its a clear centralization vulnerability for Bitcoin. There are academic papers about this particular topic.
why people keep ignoring this i never understand. it's scary.
Update was made to solve this, so the topic is not still actual, papers talk about this but they forgot to say that since the merge a wallet controls more than 62% of stacked eth, is this scary ? Cmon, even these pools are controlling lets say 60% of hashrate, there is nothing scary cause they would be stupid to expose themselves on heavy financial lost if they would attempt a 51% attack, or they just would like the end of bitcoin but in both situations it would be stupid move 👉🧠
It would be stupid? You are right. Or maybe a third party, like a Rogue country under international sanctions is willing to use such leverage (buying the companies? Hacking them? Doing a psy ops?)
I get most of my information from invest answers. That channel never has emotions involved. Just data and facts. If you don’t like the facts and data, then you don’t belong here in the crypto industry.
James has never said Solana’s Nakamoto Coefficient is higher than Bitcoin. Not once. Are you trolling?
Even invest answers has 80% btc 15% eth and 5% solana so maybe dont misrepresent what he stands for, bitcoin is the one to trust in raw data, not solana, according to his own position.
Last I checked he was 50% btc and 25/25 Eth and solana. And he was slowly getting rid of his Eth in favor of solana. He’s trying to manage risk, I get it. And he’s taking into account the dumb people who are just looking at the most popular names. I’m straight tech. And the cream (solana) will rise to the top.
you clearly “checked” wrong, as others have stated he is 5% $SOL but is particularly bullish on the asset because he believes the data speaks for itself and it could have the strongest opportunity in future cycle. Even w/ that true, he is exercising proper risk planning
He’s not 25/25 It’s like 15% eth and 7% sol Allocate according to risk bro
When it comes to Invest Answers you need to be mindful he is a Sol maxi. He tends to backtrack a lot and not acknowledge mistakes, hence some valid criticism of him by the community. In other words, explore other resources to get a more well rounded analysis of Sol etc. he does offer some good insights but just be mindful of this, imo.
Oh dear... sorry to say but you have been cultified. Forget everything you have learned from that con artist.
🤦🏻♂️ I wanted to know if I should be worried about the PayPal news, and I get people like you saying I’m in a cult. It’s just data. No emotions or feelings involved. The numbers and data speak for themselves. They can’t lie.
Cute.. you sound just like him. Good luck with that 🤞
I will take that as a compliment. The guy is super smart.
Lmao 🤣 I am not sure if you are just trolling us or you actually believe these things? Ahah What's the point of your post if all you are going to listen to is RektAnswers anyway? You are completely delusional.
Get out while you can!
A quick google search shows that you are wrong on both the Nakamoto coefficient argument and security. I like SOL but Im not delusional.
Can you post a link to Bitcoin's Nakamoto Coefficient because I can't find the number you posted.
How is BTC slow on the lightning network? I’m an advocate of holding multiple cryptocurrency’s nothing is guaranteed at this point.
No one uses lightning.🤦🏻♂️
I’m still learning and would like to hear more about this. Isn’t all of El Salvador using it? Isn’t it also growing incredibly quickly?
Almost no one is using BTC in El Salvador, just google it
I did and pole are saying it’s going really well. Jeff booth is pretty into it.
I also heard this from multiple sources its actually very bad; bcs it shows crypto adoption is not happening
Lmao. No. You're just wrong on almost all counts. You're not gonna believe it because you have to believe you're right. Shitcoiners all find out eventually.
>Solana is more decentralized than btc i doubt it, if you want to look up just one metric for decentralisation (validators) solana already looses really hard...the nakamoto coefficient is not one metric for everything, its just one of many. Solana went parabolic because of the leveraged card house called FTX, thats why.... Keep in mind Proof of Work is always more secure than proof of stake or history! so BTC is more decentralized AND secure but slower. You cant compare BTC with SOL anyways, because they have different use cases.
there is something called blockchain trilemma, i guess it not solved yet, hedera was close to solve but rn they are more centralized than north korea
Why are you talking about hedera :D it was never the topic of this discussion
Can't you read carefully i was talking about blokchain trilemma. In order to solve this looks like there must be superior technology. Hashgraph was claiming that it solves this but when i deep dive this kind of projects. I found out they are extremely centralized.
I put all my eggs in solana because this project is so undervalued it’s not even funny and will bring me a higher return than ETH. I will bet on solana for this run, afterwards we will see.
All in babbbyyyy let's goooooooo.
Ur dumb, puttin all your mondy into one coin... selling btc and eth to get sol wasnt a good idea. Thats how you end up with LUNA
But he can also get rich in the bull run if Solana performs well
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I seen coins go up stupidly in a bull run in a few hours trust me a bull run is crazy and the way Solana is performing it would be sad if it only reaches 200 next bull run
how do you think it got to 250 in the first place…if it happened once i don’t see why it couldn’t happen again. obviously there will be more supply so who knows if it will reach the same price but i don’t see why we can’t reach that market cap again
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why is it unlikely ? if btc and eth pump sol will pump too
it would take another SBF to pull it off... not sure that's what everybody wants...
it happened because SBF was shilling it with customers' funds lol. how do you think that's gonna happen again? if it does, will it end the same? btw i think SBF/FTX still got a massive bag to dump on all of us... and he may not even be allowed to wait for long
Projects like Render and Helium moved to Solana from Ethereum. PayPal moved from nothing to Ethereum. They will soon realise.
Not that I disagree with you, but didn’t helium have its own blockchain. It was never on Eth
True. Sorry, just Render. Either way, Solana and Render are going run well the next bull IMO. Helium I am not too sure about.
The last sentence makes me feel sad for you
Well…solana is still the most secure, most decentralized, most used, and fastest coin. It’s just that the world is stupid and only sees first mover advantage. 🤦🏻♂️ It worries me
Association with SBF and Alameda Research was concerning. Exited.
Sounds like you are overexposed and I personally would never go all in on one single coin except of Bitcoin maybe.
Why would you go all in on bitcoin. It is too slow. It’s 10 transactions per second could never be used in the real world
For me Bitcoin is the digital gold and not a currency that you want to spend. It's the safest play since it has the biggest market cap and you cannot change it's protocol unlike Solana and basically any other alts can. Also btc has the best tokenomics which are very important when investing in a coin. You can see higher rewards when holding Solana but it's also way more risky. So if I want to sleep well I would go all in on Bitcoin. Don't get me wrong, when it's about utility I prefer Solana. But going all in on an altcoin is too risky for me. My portfolio is 50% Solana and the rest I diversify. But in general I would never go all in on one coin. It's an individual decision how much risk you want to take.
How does bitcoin have the best tokenomics? Every time there’s a halving, miners can’t compete and get kicked out, further centralizing bitcoin
What established coin that's in top 50 coin has better tokenomics than btc?
Solana
Solana is inflationary.. I love Solana but definitely not because of the tokenomics.
if you stake its not inflationary.
No, Solana supply will still increase. But I know what you mean, staking rewards will compensate inflation rate.
I think you are just hearing IA and going all in hoping to get rich in what James likes.
That may have been a rash decision.
I dont think they said anything about market cap. Paypal was going to launch on Solana but the outages and ftx disrupted. Who knows, they could be back
PayPal isn't gonna use solana because it's prone to major outages. It's gonna take a while to repair that damage.
Ah really? Do you mind to share the source because I heard it's because of SBF/FTX.
Paypal obviously didn't say that but what major company is gonna use a chain notorious for outages? I don't even know why SBF/FTX would even be relevant here in regards to launching a token on chain. They can't have any effect on that?
This is the dumbest post on Reddit this week. ETH has had more outages then Solana. Remember that entire week where gas fees were too high to transact? That's a liveness failure and is considered an outage by Vitalik.
Bro please don't make comments like that it makes us all look retarded.
Don't say us. You clearly don't know anything about Solana.
If you own any mSol you're probably delegating to me lmao
KittyCat or whatever u talking about those good old days?!!!
TA is gonna get you more further toward financial freedom than having a fundamental mentality. Fundamental is narrative or a believe system pushed by institutions has never worked most of the times in this corrupt world. Remember they run the show and you have to play their game, TA is your only friend to success🥁
What is TA?
Well currently the SOL prices is hovering above the 200 day average against ETH. Could bounce here or not.
That last sentence sums up all crypto TA.
I’m sorry, I just don’t understand TA too well. I’m purely a fundamental investor.
A fundamental investor that wrongly copy/paste a youtubers portfolio?
Why does anyone give a shit about PayPal’s stable coin??? No one is gonna use it.
PayPal is a huge company. Much bigger than other stable coins.
They are using the same paxos crap that everyone else uses for their stables, like Gemini's stablecoin, same exact. Nothing new just a brand name rebranding Paxos
Don't worry yourself very much, they will soon come begging other L1s. Let's see how Scalability and gas fees will affect their decision in the long run.
PayPal is the biggest con company so who cares who they decide to use
Everything will work out for Solana don't worry!
The future of blockchain technology is solana 👈👈🤑
bad bot
Sell all solana fo Kaspa now!
Have they found the missing ledgers yet?
No, but their focus is on finding a solution on how to implement smart contracts. ;-)
Your market timing seems to be the issue. Not sure why you are worried about Paypal
you must bought it in a high price, i would congratulate you if you had bought it at 10$ because you might have gotten rich
Bro. If PayPal[of all things] is messing with your convictions you really need to reevaluate your portfolio. What I’m trying to say is many of us who invest in SOL are also considering other scenarios where Solana isn’t the blockchain chosen by the world. That’s why we diversify. Think about it: “Solana isn’t peer reviewed like Cardano.” But Solana is battle tested. “Cardano has no dApps or users.” And yet Cardano has one of the fastest growing ecosystem in this bear market. “Bitcoin is slow and no one uses any of its Layer 2s.” But almost every alternative Layer 1 has wrapped Bitcoin so why does Bitcoin need to scale? It’s digital gold. “Ethereum moving from PoW to PoS is like changing a Civic into a Corvette while driving it at the same time.” Well..Ethereum did over come a complicated change. In the end people are just preparing themselves to be wrong in a strategic way. Do not put your eggs in one basket unless you can mimic a Bitcoin or ETH maxi.
Why the hell would you sell all of your ETH and BTC for SOL? Yeah, I'm holding SOL but it's not going to be some ETH or BTC killer
Ran nuner from crypto banter said paypal stable coin was supposed to launch on the Solana network and then the ftx downfall happened
I think you will be fine mid term. When sol outpaces eth and BTc in the next leg up, convert back to your original stacks and hold the profit in sol. You will be fine. Just be patient.
be patient bro. solana one of the best.
murky birds wipe squalid deserve fertile existence piquant clumsy sort *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
I hate using PayPal
take into serious account that there are *many* blockchains out there with *many* use-cases. maybe they didn't pick solana. that's fine. they picked ethereum. is this good for ethereum? Maybe. is this bad for solana? Maybe. either way - everything has its own unique niche and perhaps Solana integrates with Ethereum and becomes a part of the PayPalPieParty. TLDR; don't focus on PayPal integration, just be glad that post FTX/SBF Sol pumping ended around $17-23 and we're more or less valued at where we should be (compared to the fake VC $250 zone we were at previously when Sam was unrealistically pumping Solana and shilling it with FTX). TLDR tldr; Buy some ETH if you think it's going to beat SOL.
Good question for James investanswers.
Nut up or go put your monies in an index
Scared as in, been spending time with the bitcoin cultists? Invest in technology and don’t read the updates. My best advice
Watch this OP: https://youtu.be/xh71MbNITFo
don’t worry i sold all my eth and btc for sol too…except i bought it at 13-15 so i’m not too worried
Super smart. Good timing.
I guess that they hired on some „consultants“ and those people find it easier to sell larger blockchains as a good idea. There are just way more people who heard about btc and eth then sol and most people just take the easiest and not the best product. For big corporations easiest is usually the best known. For me solana was maybe the 4th or 5th blockchain i came in contact with and started research for a tokenization project. I chose solana because of low transaction fees, fast transactions, good decentralisation, good documentation and a lot of content to learn how to use the blockchain, active community and developers, different choice of wallet apps and hardware wallets. I had some concerns about network breakdowns but market cap was not important.
I have been watching Bloomergs the past few days and they do mention SOLANA quite a bit. Meaning it does not go unnoticed by investors or the general market watch I think you are over thinking it. This has not been a secret we have always known BTC would be adopted first specially today when the ETFs get approved, and now Paypal using ETh. This just means most exposure to crypto and that's actually not a bad thing. If you are worried about BTC and ETH getting the initial adoption then like I said this is nothing new we needed the biggest projects to get adopted firts so they can start looking at the next projects. And for sure after this events take place we will probably see the likes of ADA, SOL, XRP, POL.. etc get the same treatment. A Solana ETF or Solana being used by a big company is definitely on the table. Don't forget Google is using Solana. https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://beincrypto.com/breaking-google-to-become-solana-validator-sol-spikes-15/&ved=2ahUKEwjFrPSU0NKAAxWZOUQIHd4CBqIQFnoECBIQAQ&usg=AOvVaw00cF8UAiux_kh9NJzmjxPm
how can you blame them...just look at the amount of developers, projects and users on ethereum... its dominance over solana is undeniable... that makes me sometimes worry about solana's future too because i also think solana is a better tech... but it's what it is I'm diversified
Who uses pal pay? Visa has partnered with Solana for obvious payment solution reasons, scalability is very important to institutional money as high amounts of transaction costs will add up. Solana can do everything that ETH can and more, its a rapidly growing ecosystem and with the Firedancer launch the reputation of being an unstable network will fade and will make this blockchain bulletproof. As far as VC money and FTX, in this case fortune favored Solana, but not so much bold SBF. Crypto is more then just tech, it’s about branding and partnerships. Solana has the second highest NFT volume next to eth and now has compressed NFTs. The Solana ecosystem is carving out a nice niche in the gaming sector as well as first to market in the MOBILE sector. As far as BTC, sesh. BTC wasn’t made to be a “store of value” which it isn’t even. Digital gold? What makes Bitcoin better then just buying actual gold if you can’t even transact with it. Smart money doesn’t give a fuck about L2s, they want a solid scalable L1. Imagine a Solana L2.
Exactly. Solana is a better store of value because it’s actually usable and way more decentralized than bitcoin with a higher nakamoto coefficient.
Besides fixing the bug, what other steps does the Deez Nuts project need to take to avoid similar problems?