The Cryptocurrency Trading Journal

Discussion in 'Journals' started by Daal, Jan 20, 2021.

  1. Daal

    Daal

    #581     Aug 23, 2021
  2. Daal

    Daal

    upload_2021-8-24_2-30-22.png
    Gen0's kitties chart looking decent. Pretty thin market though
     
    #582     Aug 24, 2021
  3. tsznecki

    tsznecki

    Put Solana (SOL) on your radar.
     
    #583     Aug 24, 2021
  4. Daal

    Daal

    i have a small position as a eth hedge of sorts. what do you like about it?
     
    #584     Aug 24, 2021
  5. tsznecki

    tsznecki

    If SOL can achieve Visa levels of TPS without sharding, this is a game changer. Sharding can be always brought in after to increase TPS.

    Lots of interesting ways to increase TPS, but on the non technical side there are some heavy hitters who are backing SOL as well. The use case/current target market for SOL is very interesting as well.
     
    #585     Aug 24, 2021
  6. Daal

    Daal

    What I dont like about it are the requirements to run a validator, its super high. They achieve the TPS by being more centralized, just like the theory would suggest

    Hardware Recommendations#
    • CPU
      • 12 cores / 24 threads, or more
      • 2.8GHz, or faster
      • AVX2 instruction support (to use official release binaries, self-compile otherwise)
      • Support for AVX512f and/or SHA-NI instructions is helpful
      • The AMD Threadripper Zen3 series is popular with the validator community
    • RAM
      • 128GB, or more
      • Motherboard with 256GB capacity suggested
    • Disk
      • PCIe Gen3 x4 NVME SSD, or better
      • Accounts: 500GB, or larger. High TBW (Total Bytes Written)
      • Ledger: 1TB or larger. High TBW suggested
      • OS: (Optional) 500GB, or larger. SATA OK
      • The OS may be installed on the ledger disk, though testing has shown better performance with the ledger on its own disk
      • Accounts and ledger can be stored on the same disk, however due to high IOPS, this is not recommended
      • The Samsung 970 and 980 Pro series SSDs are popular with the validator community
    • GPUs
      • Not strictly necessary at this time
      • Motherboard and power supply speced to add one or more high-end GPUs in the future suggested
     
    #586     Aug 24, 2021
  7. Daal

    Daal

    upload_2021-8-24_18-38-39.png

    Its still hard to believe the Visa has a crypto punk as profile pic
     
    #587     Aug 24, 2021
  8. Daal

    Daal

    [​IMG]

    NFTs are worth less than $10B right now. So this "bubble" might last a while
     
    #588     Aug 25, 2021
  9. Daal

    Daal

    It just hit me that the digital stuff will become more valuable than the physical stuff over time so it will be less of a status thing to own physical art, this will drive further people into NFTs. Those people with cool paintings will be less cool because they dont have a Fidenza NFT, and they will pay anything to continue to be cool. Plus with NFTs, the WHOLE world can know you own it, with a Picasso only the people you let in your house. Some want privacy but most dont. NFTs leverage social status
    There will be ups and downs, little bubbles and crashes but we will be hearing a lot of the word NFT in the next 10 years
     
    #589     Aug 26, 2021
  10. johnarb

    johnarb

    NFT post

    Bittersweet, sold one of my 5 NFT's and recovered all of my $ invested in NFT's plus a little profit, but having seller's remorse

    NFT "crashed" a couple of months and all the price floors on my 5 NFT's were so low to the point that I lost all unrealized profits. NFT's are not liquid that the bid prices are ridiculously low

    I put one of my NFT's for sale at a high price and only check the market place once a week

    NFT's started mooning again a few weeks ago but I did not remove my NFT listing and sure enough it sold 2 days ago

    I still have 4 other NFT's

    Just my input on the state of the NFT market place
     
    #590     Aug 26, 2021