I don't fully agree. Elon has seen time and time again that people react to his tweets. So if he is still tweeting nonsense, then he is definitely manipulating the market (or more likely being a little egomaniac who loves to feel he has some sort of power) - he's too smart not too realise the impact of his actions

Given its supply, what would be a realistic valuation for a project like this? I wouldn't price it past 50 dollars but from what I understand, a huge portion of the coins are locked up which gives it relative scarcity. I'd love someone who's more knowledgeable about the project to weigh in

Well, I bought some at around the 120 mark thinking I had gotten a good price, but it's now currently at 87 dollars  Ahhh, the crypto life. I'm debating whether it's worth buying a few at this price to lower my average cost per coin...

So many good projects are on 'sale' right now though!

Nope, I missed that train, unfortunately! 

What a bloody waste of energy this project turned out to be. I used to be a staunch supporter but all they do now is hype their mainnet and staking (both of which have huge issues still) , plus nobody has actually bothered to admit that they made a huge mess of the token swap.  I am so glad I sold most of my holdings pre-swap for a decent profit (thanks airdrops in 2018 lol) and it's going to take a LOT more transparency to get me back in again. Not to mention, their Telegram community is super toxic right now, it's just a ridiculous echo chamber and anyone who dares to question what's going on either gets ganged up on or banned altogether. There are zero real updates about how many XPOS are in use / have been sold recently, and their much-hyped first-quarter burn was such a letdown. I'm just thankful to be out

I am very bullish on Polkadot, and let's also not forget its 'canary-chain' Kusama, which I think is just a brilliant idea conceptually.

I haven't seen any posts about this and am really curious to hear what you all have to say about ICP (Internet Computer)- A project that catapulted into the top 10 after launch. I mean - it's already on Coinbase! I actually subscribed to the DFINITY updates for a few years now thanks to something I read in BitcoinTalk forums, but never really followed through on the project. Now it's got massive backing and an interesting buzz around it.

I find it pretty pricey given its max supply of 470 000 000 coins (it's around 150 USD at the moment, down from around 700 USD when it launched 12 days ago), but utility wise, if it delivers - this is massively exciting.

So - what are your thoughts on this project? (Full disclosure, I've just picked up a few and have set some lowball buy orders to maybe scoop up a few more  )

I think it was manipulation to begin with, compounded by weak hands who panic dumped. The market was really due a correction because of all those joke meme coins that were starting to dominate the news, and even the rankings. I say good riddance to bad rubbish. Hopefully, this reset will allow projects with genuine utility to shine, because (hopefully), genuine investors in crazy times like these would rather strengthen their positions in projects that they see have long term potential.

I absolutely love CAKE, I was lucky enough to get in at 70 cents so it's been a great performing coin for me. My only regret is that I didn't buy more 

I don't find the infinite supply a big deal, especially with burning integrated into the whole system. After all, ETH has an infinite supply too. In terms of use case, CAKE is really strong and I see it going from strength to strength. If it even achieves 10 percent of ETH's current market cap, that would place CAKE at 200 dollars a coin which I think is quite feasible

Stupid question, probably, but does one see when the volume is high? And what does that indicate?

Thank you

NFTs are so new that the actual potential isn't even fully realised yet. I think they're here to stay, and they're going to be an essential part of life moving forward, depending on what they're used for. One-off art pieces from random celebrities are only just one piece of the puzzle - and a really basic application of the concept.

But once NFTs are used to secure original rights to music, movies, branded items.... that's where things get REALLY interesting.

Then start looking at the projects applying NFTs to guarantee the authenticity of sports memorabilia, or other original collectibles. Imagine Baseball cards / Panini Stickers / Pokemon cards / rare Nike shoes, easily traded between a huge audience because there's less risk of getting a fake.

And then you have the concept of NFTs applied to skins / unique add-ons in online gaming. WOW. Imagine the money in that.

And THEN you have NFTs applied to actual licensed 3D virtual collectible universes like DC Comics, Back to the Future etc... that you can trade, experience and display in Augmented Reality (AR). Mindblowing!

The potential of NFTs is limitless at this point. Oh, and all these usecases I mentioned actually already exist / are being worked on. Not hypotheses. DYOR but I'm super bullish 

I hope you still managed to get out with some profit.  No coin is worth panicking over, or regretting over. Maybe in the future you could consider HODLing a small position in any coin you've researched deeply and felt the need to buy into. You never know when it might pump again, especially if you believed in it before.

Of course it's a different case for coins you might buy for speculation, or coins where there might be some kind of red flag that makes you no longer trust them. Eg: I sold all my XRP at around the 60 cent mark when the initial news about the SEC case came out, and I also learned more about what a mess it actually is. When they mooned last week, it stung a little but honestly, the peace of mind knowing that I'm no longer tied to that scam was worth it.

So yes, you're right, it's important to separate your emotions from your (hopefully) logical actions when you're in crypto. I wish you well!!

These are coins that have been around for a while - they've been sitting in my portfolio so I'm not complaining but.... is there some news about them I've missed? They're both doing well in this dip... even without some weirdo billionaire shilling them  Can someone explain please?

The thing is, NFTs are so new that the actual potential isn't even fully realised yet. I think they're here to stay, and they're going to be an essential part of life moving forward, depending on what they're used for. One-off art pieces from random celebrities are only just one piece of the puzzle - and a really basic application of the concept.

But once NFTs are used to secure original rights to music, movies, branded items.... that's where things get REALLY interesting.

Then start looking at applying NFTs to virtual cards 'signed' by sports stars, or other famous collectibles. Imagine Baseball cards / Panini Stickers / Pokemon cards, on hyperspeed.

And then you have NFTs applied to skins / unique add-ons in online gaming. WOW. Imagine the money in that.

And THEN you have NFTs applied to actual licensed 3D virtual collectible universes like DC Comics, Back to the Future etc... that you can trade, experience and display in Augmented Reality (AR).

The potential of NFTs is limitless at this point and honestly mindblowing. Oh, and all these usecases I mentioned actually already exist / are being worked on. Not hypotheses. DYOR research but I'm super bullish

It's not a promising coin, it's a pure Pump and Dump POS joke coin and the fact that it's doing well now simply means that there are tons of newbies who are going to get rekt and hate crypto once this dumps. Reminds me of McAfee pumping Verge back in 2017/2018

Everything is red at the moment but I am sure that BNB will bounce back. It's one of the coins I'm most confident in. Whether you like it or not, the fact is that Binance has positioned itself as a central player in the crypto world, and it has given massive utility to the BNB coin. It's not going away anytime soon, and it's definitely going to keep going up in value

I said earlier in the thread that I would LOVE for the coin to hit $1 but it didn't seem very feasible. Well, with this move, PLUS all the developments and partnerships in the works, and the fact that the coin will continue to undergo quarterly burns... well, $1 is a very real possibility.

Actually, community voting is open right now to to reduce the total supply (including circulating supply) 1,000 times from 258,526,640,300.5699 (258 billion) to 258,526,640.3005699 (258 million) NPXS. This is a huge deal and a great move forward for NPXS.

You can read more about it, including the Q&A from the community, here: https://medium.com/pundix/request-for-comment-npxs-token-reduction-da4c8e618bee

My top three at the moment are

1) ADA - Fundamentals are incredibly strong, they have a charismatic likeable figurehead in Hoskinson, they are close to total decentralisation but still have an overall direction and roadmap I have faith in. It's only just getting started and I'm excited for the ride

2) XLM - I'm not a huge fan of Jed McCaleb to be very honest but XLM itself has one of the strongest use-cases around (money transfers) and is tried and tested. Super low fees, lighting fast transfers, tons of exchanges and pairings and lots of interesting partnerships in the works

3) DOT and its 'canary' chain KUSAMA - Solid team, they're addressing everything that's weak about ETH and building an ecosystem that's really strong and very future-proof.

Bonus three I'm very excited about:

1/ NPXS - Amazing usecase that already has a working product (their XPOS which allows point-of-sale crypto and fiat transactions), a team that really listens to its community and great connections in Asia and Africa which are huge emerging markets for crypto

2/ CAKE - This is going to be a huge player in the DEX space especially since it's built on the Binance Smart Chain (BSP) and Binance are kind of the golden boys of this current market aren't they - haven't really put a foot wrong anywhere.

3/ HBAR - Hedera Hashgraph - this is really next-generation thinking backed up by the strongest possible governance council around

My top three at the moment are

1) ADA - Fundamentals are incredibly strong, they have a charismatic likeable figurehead in Hoskinson, they are close to total decentralisation but still have an overall direction and roadmap I have faith in. It's only just getting started and I'm excited for the ride

2) XLM - I'm not a huge fan of Jed McCaleb to be very honest but XLM itself has one of the strongest use-cases around (money transfers) and is tried and tested. Super low fees, lighting fast transfers, tons of exchanges and pairings and lots of interesting partnerships in the works

3) DOT and its 'canary' chain KUSAMA - Solid team, they're addressing everything that's weak about ETH and building an ecosystem that's really strong and very future-proof.

Bonus three I'm very excited about:

1/ NPXS - Amazing usecase that already has a working product (their XPOS which allows point-of-sale crypto and fiat transactions), a team that really listens to its community and great connections in Asia and Africa which are huge emerging markets for crypto

2/ CAKE - This is going to be a huge player in the DEX space especially since it's built on the Binance Smart Chain (BSP) and Binance are kind of the golden boys of this current market aren't they - haven't really put a foot wrong anywhere.

3/ HBAR - Hedera Hashgraph - this is really next-generation thinking backed up by the strongest possible governance council around