Polkadot totally flew under my radar. Do you think there's any reason to invest in it at this point? It has a 5.5 b market cap but people(i.e. news articles, i.e. likely shills) are saying that it can grow much more. Thoughts?
Did I miss it?
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we all got played. Look at all the defi gems we missed. This shit is rigged.
It's not as old as eth so of course you could invest, if you're expecting 10x within a month you're probably not going to see that but if you're willing to hold for 6+months you could see nice profits, short term you'll probably lose money but long term most likely gainz
Yes this will be big. During the GBR, Polkadot will be peddled as the new ETH killer, and normies will rush in to buy it. Expect a 10x in a few years when it happens.
You're not early relative to the people who got in last month, but you're very early getting in now compared to when the normies will.
I bought this in the ICO and still holding.
Will dump everything once it flips ETH.
>Ask me anything!
Is it really an ETH killer? The articles I read insisted that it's not in direct competition with ETH(and thus has better long term survivability). Which both Gavin and Vitalik essentially confirm.
Oh and where should I buy?
I know no one is a prophet here but what dip should I wait for being realistic? I'm guessing it'll never go under $3 again but is $4 a good goal or is it too low as well?
I never buy ETH/bitcoin killers, and I think generally it's been the right decision. An Eth killer doesn't just have to be better technology than Eth, it has to be better than all the other Eth killers, and it has to be so much better that it attracts the biggest developer community and the most users. Moreover, it takes a long time to chip away at Eth's network effect and challenge Eth in terms of usefulness. How long before it can offer as many dexes, as many trading pairs with as much liquidity, as many smart contract developers, as many industry connections, as many vendors, basic functionality like oracle networks, etc. And if at any point in the process a better Eth-killer comes along, it will lose all its momentum.
I wouldn't feel comfy buying an Eth-killer. Overnight Ethereum 2.0 could come out, and its value would instantly evaporate. That's why I only buy a sure thing, like PNK.
hackmd.io
Gavin:
>You are resource constrained. You want to put resources into the project that generates the most profit. But the competition [between the two platforms] is entirely only in this regard. An analogy for this train of thought is that you can either choose to buy Microsoft stock or IBMV stock.
>In reality, there’s very little direct competition in terms of the product.
Vitalik:
>I generally agree with a lot of that.
What am I missing?
It will be difficult for Polkadot to beat Ethereum’s network effect at this point. I don’t see it happening.
What they both need is Quant Network which will connect both together so they can co-exist, each doing what they do best in a synergy.
nope
Chainlink will allow full interoperability between blockchains that implement the EVM.
Not major
Only problem is Chainlink doesn’t provide full interoperability at scale. Quant Network does. Quant will connect Chainlink to Bitcoin and Ripple, something Chainlink can’t do itself.
Once the defi projects like stafi go live and start doing crazy numbers this things going to 20$
This, and Normies will prefer buying dots at $20 then eth at 1k, just facts
Do you know what Quant is to Chainlink right?
An improvement.
You really don’t have a fucking clue, do you, pajeet? Polkadot *is* an interoperability solution in itself, and has already integrated Chainlink which can also be used for cross chain communication. Go shill your closed source scam elsewhere.
Don't play L1 roulette. It's that simple. Just buy Chainlink.
Polkadot isn’t a true interoperability solution. It can’t scale and it doesn’t interoperate outside of the Polkadot ecosystem.
Qntfags that didn’t sell at ath, so cringe with their scambert shrines it’s always pajeets
What part of “has already integrated Chainlink which can also be used for cross chain communication” didn’t you understand, pajeet?
Cross chain communication isn’t interoperability. Maybe study up on these concepts.
>5.4 billion market cap
>isn't on coinmarketcap.com
>isn't on coinbase.com/prices
>normies don't know about it
>actually, no one even knows about it
>created by ethereum cofounder
>better technology than eth 2.0
buy and don't sell dumb faggot.
It doesn't compete with eth in the sense that its just another smart contract chain but it really does in the sense that when its fully up and running there will be no reasons for devs or users to choose eth.
Dot, Sta, Link all you need to make it
Yea it's still a good buy.
QUANT is the real gem. It has a 50x to reach Polkas marketcap, whereas Polka could max. do another 3x from here due to its already very high cap. Don't fall for the "closed source" FUD. The FUD is coordinated by the Chico & Bagswingers gang.
It's another useless scam.
Quant is the fuckin Saviour.
SIA Giant payment group in Europe is already partner and will use QNT token and Overledger Network.
Neil Smit ( CEO of ComCast and Board members director of Qualcomm ) joined Quant last month.
QNT , like ChainLink, has been awarded as Best Gartner Cool Vendor in 2019.
12M circ supply, 0 inflation, Circ supply will be drastically reduced by treasury system. Launch of Overledger Network is imminent.
And only 100 Millions USD Mcap.
Now, make your choice but don't cry when you will see Quant price at 4 digits, you have been warned.
only $20? grandpa BTC will outperform that shit. way to underestimate your bags. if that were true I'd go all in on ETH first
I see gains happening everywhere. Quant has a relatively small market cap and can still do a 100x
Quant is dogshit, the next REQ.