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Crypto - polygon matic

 
Anonymous Coward
User ID: 80250814
United States
05/18/2021 04:50 PM
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Re: Crypto - polygon matic
Seems like a viable coin? Any guess as to why it's price increases is lagging behind so many other coins?
 Quoting: PeterWiggin


Alot of meme stocks coming out with trillions of coins causing trillions of transactions causing ETH gas fees to go thru the roof right now.

MATIC is an answer for that thus the recent price increase I am guessing

ADA is the long term fix for this. But right now it's Matic.

My humble opinion.

It's costing more people in fees than the trade itself.
PeterWiggin  (OP)

User ID: 80374268
United States
05/18/2021 05:06 PM
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Re: Crypto - polygon matic
[link to m.youtube.com (secure)]

His basic overview isn't that basic. I had to rewind a few times.

He ends with why he thinks it can go to $7 in the next some months
 Quoting: PeterWiggin


2.32 right now after a high of 2.83 today. Very impressive returns so far.
 Quoting: NawtyBits


Thoughts on where it goes the next few months?
 Quoting: PeterWiggin


I don't know much about this stuff, just started learning in February. I mostly watch GLP for people talking about what they have, and then I do some digging to see what the 'experts' think, and make my decision.

But, GLP has been very good to me. I'm just nickle and diming it. Maybe have 2 grand all total invested (gambled) and my portfolio is worth about 13K. The experts are saying MATIC/Polygon could do 5 bucks maybe even 7, by the end of 2021. I'm just in HODL mode now, waiting for opportunities to present themselves. (Come on GLP, give me another winner!!)
 Quoting: NawtyBits


You've got fantastic returns. That's awesome
PeterWiggin  (OP)

User ID: 80374268
United States
05/18/2021 05:08 PM
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Re: Crypto - polygon matic
Seems like a viable coin? Any guess as to why it's price increases is lagging behind so many other coins?
 Quoting: PeterWiggin


Alot of meme stocks coming out with trillions of coins causing trillions of transactions causing ETH gas fees to go thru the roof right now.

MATIC is an answer for that thus the recent price increase I am guessing

ADA is the long term fix for this. But right now it's Matic.

My humble opinion.

It's costing more people in fees than the trade itself.
 Quoting: Anonymous Coward 80250814


That's great. I like ada too.
NawtyBits

User ID: 80159437
United States
05/18/2021 05:16 PM

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Re: Crypto - polygon matic
...


2.32 right now after a high of 2.83 today. Very impressive returns so far.
 Quoting: NawtyBits


Thoughts on where it goes the next few months?
 Quoting: PeterWiggin


I don't know much about this stuff, just started learning in February. I mostly watch GLP for people talking about what they have, and then I do some digging to see what the 'experts' think, and make my decision.

But, GLP has been very good to me. I'm just nickle and diming it. Maybe have 2 grand all total invested (gambled) and my portfolio is worth about 13K. The experts are saying MATIC/Polygon could do 5 bucks maybe even 7, by the end of 2021. I'm just in HODL mode now, waiting for opportunities to present themselves. (Come on GLP, give me another winner!!)
 Quoting: NawtyBits


You've got fantastic returns. That's awesome
 Quoting: PeterWiggin


Luck. Timing. Due diligence. And GLP tipsters.
WWJBD-What Would Jimmy Buffett Do

"If it's wet and not yours, don't touch it." Oregon H1N1 Summit speaker
PeterWiggin  (OP)

User ID: 80374268
United States
05/19/2021 10:42 AM
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Re: Crypto - polygon matic
from uphold email...

In A World Besieged By Chaos, Polygon Makes A Stand

With crypto crashing on Wednesday morning, there aren’t too many green patches in a front yard that has been torn to shreds. But there is one towering wildflower popping: Polygon (MATIC).

The past 24 hours brought a 2.5% rise for the coin connected with the multi-chain scalability platform in a world awash in DeFi projects and only just so much transacting that can be done on Ethereum. At one point, MATIC had risen 12% earlier today. For the week, MATIC, now the 14th largest crypto, and utterly oblivious to the carnage going on all around it, has gained 104%. Making that gain all the more impressive is that it stands in stark contrast to the 30% losses notched over the past seven days by both Bitcoin and Ethereum.

Data from DappRadar, according to Cointelegraph, showed Polygon added 75,000 active user wallets in just one week while the number of decentralized applications (DApps) on Polygon increased from 61 to 93. Open-source DeFi apps built on Polygon can eventually winnow (after rebranding and minor modifications) their way on to Ethereum, Benzinga noted, underscoring how one network's clog-up is another network's windfall and how the whole cycle can then start all over again.





GLP