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Sean6293
OT Supporter
{hydro}
OT Supporter
Worth trading all the sol for it? I’m pretty good at swapping at the worst time
{hydro}
OT Supporter
yes. much more bullish on NEAR going forward than SOL.
FWIW most of my SOL is held in NFTs now, not SOL itself. I've branched out into NEAR, ELA (elastos), and FUSE. For what it's worth, Elastos has outperformed everything. It's trading above its pre-crash levels already.
Elastos (ELA) price today, chart, market cap & news | CoinGecko
View Elastos crypto price and chart live, ELA market cap, 24-hour trading volume, circulating supply, latest news and more.
Chart speaks for itself. It was trading around 4.50 when I got in.
I usually purchase solana on coinbase-> transfer to gate.io-> sell solana-> buy saito
SquirtRussel
OT Supporter
These dudes just shittin directly into your mouth
SquirtRussel
OT Supporter
At least it’s entertainingyeah it's not helping
Firewall97
stay awhile and listen
iirc it's exciting watching the portfolio grow. it's humbling watching the portfolio shrink.Thread so quiet now.
yes. much more bullish on NEAR going forward than SOL.
FWIW most of my SOL is held in NFTs now, not SOL itself. I've branched out into NEAR, ELA (elastos), and FUSE. For what it's worth, Elastos has outperformed everything. It's trading above its pre-crash levels already.
Elastos (ELA) price today, chart, market cap & news | CoinGecko
View Elastos crypto price and chart live, ELA market cap, 24-hour trading volume, circulating supply, latest news and more.www.coingecko.com
Chart speaks for itself. It was trading around 4.50 when I got in.
So let's see...
The Elastos Ecosystem
Elastos Info aims to present Elastos’ developing technical features and ever-evolving community body in an intuitive way that allows for the rapid and seamless assimilation of newcomers and the deeper engagement of existing community members alike.
elastos.info
Looks like we have some wallets...
And, out of all of this, we can do digital identity...
That's it. And that's from their own info site. I can't find any dApps built on Elastos. And as I've stated earlier, this "project" is supposedly over 13 years old and they have some wallets and digital identity. From the article I previously linked from 3 years ago, they created Cyber Republic to incentivize dApp development on Elastos. What have they accomplished in the 3 years since? Cause I'm not seeing anything.
So, what about Elastos justifies its current price of $6? And what exactly is supposed to melt my face off?
Achance007
Well-Known Member
I just know that sometimes they are slow to adjust withdrawal fees as the price of the token climbs. Think it was 1500 previously when the token was a couple of cents. Don't know if it was ever lowered. It could potentially be cheaper to go through Uniswap.
They have an EVM sidechain with a dex - glide finance.So let's see...
The Elastos Ecosystem
Elastos Info aims to present Elastos’ developing technical features and ever-evolving community body in an intuitive way that allows for the rapid and seamless assimilation of newcomers and the deeper engagement of existing community members alike.
Looks like we have some wallets...
And, out of all of this, we can do digital identity...
That's it. And that's from their own info site. I can't find any dApps built on Elastos. And as I've stated earlier, this "project" is supposedly over 13 years old and they have some wallets and digital identity. From the article I previously linked from 3 years ago, they created Cyber Republic to incentivize dApp development on Elastos. What have they accomplished in the 3 years since? Cause I'm not seeing anything.
So, what about Elastos justifies its current price of $6? And what exactly is supposed to melt my face off?
Elastos has been building continuously since 2017. You can check their github activity and it's still getting regular updates. I think the recent surge in optimism is due to news of buy-backs and the upcoming web 3.0 conference, which is in ~ 3 days. Elastos is basically one of the OG web 3.0 projects, and they use hybrid consensus that utilizes bitcoin hashpower. I see that being enticing to BTC/decentralization maxis. I can say that the vibe from hanging out in elastos discord/telegram chats, it's definitely filled with more oldschool crypto crowd. Where most crypto chats feel like the average age is mid 20s, elastos feels like a much older crowd.
For me mainly though, it's just looking at the L1 market and finding undervalued L1s. Elastos has a blockchain with working dapps (admittedly just a dex and some wallets for now, but more is coming), and it's mcap is barely over 100M. Not only that, almost all tokens are in circulation, and it's now in a deflationary cycle, as they plan to continue burning more tokens. Everyone says saito is undervalued, but does saito even have a working mainnet yet? Not a knock on saito, but just making a similar comparison.
That said, I still say NEAR is a much safer play than ELA. I'm not fully convinced ELA has long-term viability, whereas NEAR has investment from binance/coinbase/etc, and is set up to be a blue chip alt once the market recovers. With ELA you're speculating on development coming and what it has potential to become. Investment-wise, I'm kinda split evenly among FUSE/ELA/NEAR ecosystem for my non-sol plays, more slightly bias to NEAR bc I have money in both NEAR & AURORA.
They have an EVM sidechain with a dex - glide finance.
Elastos has been building continuously since 2017. You can check their github activity and it's still getting regular updates. I think the recent surge in optimism is due to news of buy-backs and the upcoming web 3.0 conference, which is in ~ 3 days. Elastos is basically one of the OG web 3.0 projects, and they use hybrid consensus that utilizes bitcoin hashpower. I see that being enticing to BTC/decentralization maxis. I can say that the vibe from hanging out in elastos discord/telegram chats, it's definitely filled with more oldschool crypto crowd. Where most crypto chats feel like the average age is mid 20s, elastos feels like a much older crowd.
For me mainly though, it's just looking at the L1 market and finding undervalued L1s. Elastos has a blockchain with working dapps (admittedly just a dex and some wallets for now, but more is coming), and it's mcap is barely over 100M. Not only that, almost all tokens are in circulation, and it's now in a deflationary cycle, as they plan to continue burning more tokens. Everyone says saito is undervalued, but does saito even have a working mainnet yet? Not a knock on saito, but just making a similar comparison.
No it's not 5 years- it's 13 years. If you were around during ICO you would know they were touting 10 years of work done by Rong Chen prior to it. So, in 13 years they have a DEX which really doesn't have much to trade on it and isn't listed on CG and is untracked on CMC, digital identity, and some wallets. And, of course, now there's a possible buy back to create hype and boost the price. That's not lasting value, but hey, "buyback!1"
13. FUCKING. YEARS.
I guess WKB won afterall, dumped all over everyone, kry errtime 
Mephisto
//////\\\\\\
That dude takes a lot of dumpsI guess WKB won afterall, dumped all over everyone, kry errtime
hey man it's literally outperforming everything in my portfolio rn. You guys have done this longer than I have, so I would say, just avoid it if you're not comfortable. Just trying to call plays as I seem em, and this one has done well for me.
I see no reason to jump out at this point tho. I'm farming on glide and accumulating in the tiny ecosystem. If it does manage to really get traction, then I stand to do well bc I'm investing into the ecosystem early. If not, oh well, that's crypto for you.