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Author Topic: POLKADOT is making a lot of noise right now. What do you think?  (Read 591 times)
91254vvpatel (OP)
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January 17, 2021, 04:19:28 AM
 #1

There has also been an announcement of polkadot recently. And you see, it's currently priced at 17$. In the last 7 days it has gone up by about 80%. And it is at on top 4 position. So give your comment about polkadot (dot token).
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January 17, 2021, 04:34:31 AM
 #2

As I have traded it Continuously I have noticed that it has increased in price. I’m not sure and it’s about their announcement shown in the link below but it could be.

www.coindesk.com/cere-network-crm-decentralized-salesforce-polkadot

There are a lot of funding’s that are coming in And seems to be a lot of people are also joining in. I’m not sure how they would be able to contain everything but I don’t think it will always stay high like that. I hope it retraces around seven dollars and maybe I could buy some.

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91254vvpatel (OP)
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January 17, 2021, 04:42:34 AM
 #3

As I have traded it Continuously I have noticed that it has increased in price. I’m not sure and it’s about their announcement shown in the link below but it could be.

www.coindesk.com/cere-network-crm-decentralized-salesforce-polkadot

There are a lot of funding’s that are coming in And seems to be a lot of people are also joining in. I’m not sure how they would be able to contain everything but I don’t think it will always stay high like that. I hope it retraces around seven dollars and maybe I could buy some.
The crown you got is absolutely true. And you say that the price will come later like 7$, I don't think it's right. I can't believe it. Even then the advice you have given me. I will focus on that. And I will BUY / SELL my polkadot accordingly. Thank you.
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January 17, 2021, 04:51:18 AM
 #4

Polkadot cryptocurrency (DOT) is now 4th position on CoinMarketCap ranking. The journey of DOT token started in October 2017. In just 3 years, it has occupied the 4th position. If the growth of DOT token continues like this, then maybe in a few more years it will surpass ETH.


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January 17, 2021, 06:07:25 AM
 #5

There has also been an announcement of polkadot recently. And you see, it's currently priced at 17$. In the last 7 days it has gone up by about 80%. And it is at on top 4 position. So give your comment about polkadot (dot token).
It's a good coin but at the same time polkadot's chain is a bit complicated compared with ether especially for its parachain.
there's a new that has been driving the price of DOT but we will see that whether the pump can sustain even longer or this time it has reached its peak price.
Im still holding my DOT and wanna try to sold it when a bearish signal will appear.
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January 17, 2021, 07:26:05 AM
 #6

Polkadot was 14$ a day ago and now it's 17$, the project have managed to caught the attention of bad ass investors and now they will keep buying this coin, everyone keeps hoping for a new Ethereum kinda project well here you have it, the earlier you fill up your bags the better
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January 17, 2021, 07:43:45 AM
 #7

Polkadot cryptocurrency (DOT) is now 4th position on CoinMarketCap ranking. The journey of DOT token started in October 2017. In just 3 years, it has occupied the 4th position. If the growth of DOT token continues like this, then maybe in a few more years it will surpass ETH.

[i mg width=300]https://i.imgur.com/aDIakuJ.jpg[/img]

Ethereum
Circulating Supply
114,285,060 ETH
Total Supply
114,285,060


Polkadot
Circulating Supply
900,840,413 DOT
Total Supply
1,034,899,631

Polkadot's supply is almost 10 times of Ethereum. I think this is Polkadot's biggest handicap for flippening.
I hodl Ethereum, Polkadot and Avalanche. Over time we will see which one will earn the most.

"Damnant quod non intelligunt." Anlamadıkları şeyi suçlarlar. BTC
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January 17, 2021, 07:55:52 AM
 #8

There has also been an announcement of polkadot recently. And you see, it's currently priced at 17$. In the last 7 days it has gone up by about 80%. And it is at on top 4 position. So give your comment about polkadot (dot token).
DOT has been making a lot of noise prior to the announcement, prior to this current run. And I would say that it is on the radar of most alt investors that's why the price is steadily climbing in the last 6 months. So I'm not surprise though, so it's good for those who have join the bandwagon much earlier last year and then just hold, pure profit. But just continue to hold I think there will be more pumps in the coming months as well.
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January 17, 2021, 08:22:53 AM
 #9

Polkadot cryptocurrency (DOT) is now 4th position on CoinMarketCap ranking. The journey of DOT token started in October 2017. In just 3 years, it has occupied the 4th position. If the growth of DOT token continues like this, then maybe in a few more years it will surpass ETH.

[i mg width=300]https://i.imgur.com/aDIakuJ.jpg[/img]

Ethereum
Circulating Supply
114,285,060 ETH
Total Supply
114,285,060


Polkadot
Circulating Supply
900,840,413 DOT
Total Supply
1,034,899,631

Polkadot's supply is almost 10 times of Ethereum. I think this is Polkadot's biggest handicap for flippening.
I hodl Ethereum, Polkadot and Avalanche. Over time we will see which one will earn the most.

So Ethereum total supply is 114,285,060 ?, Why isn't coinmarketcap showing the max supply for Ethereum? When ever I visit the platforms it always show Max supply - No data, anyways, about Polkadot max supply you may be right but that is if there won't be any burning in near future
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January 17, 2021, 08:30:38 AM
 #10

So Ethereum total supply is 114,285,060 ?, Why isn't coinmarketcap showing the max supply for Ethereum? When ever I visit the platforms it always show Max supply - No data, anyways, about Polkadot max supply you may be right but that is if there won't be any burning in near future
AFAIK both polkadot and Ethereum has no max supply which means it's not hard capped, not to mention each day both of them generates quite the amount of coins so that should be your concern aswell if you happen got interested with either of them and total supply definitely different than max supply. total supply just how much coins has been generated so far from mining + premine.
I do agree that the uncapped supply kinda becoming such a huge turn off. Once the total supply getting out of hand it's gonna be a mess and could possibly decrease the value of that coin (or atleast contribute to that)

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January 17, 2021, 08:41:07 AM
 #11

Polka is a very large project and in a year it will be even more so it is not surprising that the price is growing so quickly. I believe that Kasuma will also give more profit in the near future.
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January 17, 2021, 09:28:41 AM
 #12

I never expected Polkadot to take over XRP just like that, I knew it's a good project but I underestimated it's capability, another project that people are underestimating presently is Avalanche project, in not too far future Ethereum will finally have really worthy opponents

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January 17, 2021, 09:34:35 AM
 #13

I never expected Polkadot to take over XRP just like that, I knew it's a good project but I underestimated it's capability, another project that people are underestimating presently is Avalanche project, in not too far future Ethereum will finally have really worthy opponents

XRP is now lagging behind because of their issue. AVA, I believe is also a promising one as Buterin has good words also towards AVA - https://www.reddit.com/r/Crypto_General/comments/h864oa/vitalik_buterins_positive_comments_about_ava/

Now, the DOT is rising. But I am not familiar with this project, if there are known projects that are using this network?
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January 17, 2021, 09:36:15 AM
 #14

There has also been an announcement of polkadot recently. And you see, it's currently priced at 17$. In the last 7 days it has gone up by about 80%. And it is at on top 4 position. So give your comment about polkadot (dot token).
I think this is just a start of their parachain ecosystem. They are not even started yet and their market goes wild. This is mixture of Hype and fomo of course. Lots of people are being dragged or influenced by the speed of market increase on polkadot price. Even I surprised how fast they already in span of few weeks. Consider that we are entering the altcoin season, then there is a chance it could also surpass tether provided they had a case with sec already.

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January 17, 2021, 10:56:33 AM
 #15

Polkadot cryptocurrency (DOT) is now 4th position on CoinMarketCap ranking. The journey of DOT token started in October 2017. In just 3 years, it has occupied the 4th position. If the growth of DOT token continues like this, then maybe in a few more years it will surpass ETH.

[i mg width=300]https://i.imgur.com/aDIakuJ.jpg[/img]

Ethereum
Circulating Supply
114,285,060 ETH
Total Supply
114,285,060

Polkadot
Circulating Supply
900,840,413 DOT
Total Supply
1,034,899,631

Polkadot's supply is almost 10 times of Ethereum. I think this is Polkadot's biggest handicap for flippening.
I hodl Ethereum, Polkadot and Avalanche. Over time we will see which one will earn the most.
Bro, you have a pretty interesting investment portfolio, I'm sure you've made a pretty good profit in the last 2 weeks if you sold it right? just saying, but I guess all three offer almost the same solution right? Usually diversity will work more if you invest in a completely different product. but still, even so your investment is very good

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January 17, 2021, 12:30:32 PM
 #16

It has flipped XRP just like that. I remember the time when Polkadot was still more than $4 per coin and now it’s $17+ per coin, I’ve missed the boat. I thought that Polkadot isn’t going to make a huge impact like Bitcoin and Ethereum. Looks like I have underestimated that coin too much and not following it. Seems that I am waiting for a pullback now to buy DOT at a single digit price.

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January 17, 2021, 02:57:24 PM
 #17

First of all, congratulations to those cryptocurrency traders who hold DOT. The recent performance of DOT is indeed very good, and the price has made investors very satisfied. But instead of holding DOT, I hold EOS. I am very disappointed with EOS recently.
EOS is dead and it should not be counted as a potential competitor that can compete with another smartcontract platform like ADA, DOT or even be the competitor for ethereum.
DOT has been replacing EOS and it has a better model and consensus compared with EOS.
EOS is the worst DPOS smartcontract platform.

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masterrex
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January 17, 2021, 03:27:24 PM
 #18

I believe PolkaDot has a bright future and its a clear treat to Ethereum especially that many users are not happy with the rising Ethereum gas price and If the trend will continue it's not far from happening PolkaDot must put some top of the line innovation so that many users will continue to ride the PolkaDot Bandwagon.
Ryushin
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January 17, 2021, 05:06:35 PM
 #19

Congrats to Polkadot for reaching the fourth rank on coinmarketcap but again it's a shame that only Polkadot make it to top rank on coinmarketcap, what are all new projects doing? We don't have promising projects with determined team members anymore honestly

Fesatmas
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January 17, 2021, 05:33:28 PM
 #20

Polkadot cryptocurrency (DOT) is now 4th position on CoinMarketCap ranking. The journey of DOT token started in October 2017. In just 3 years, it has occupied the 4th position. If the growth of DOT token continues like this, then maybe in a few more years it will surpass ETH.


I think the position Polkadot gets is a perfect match for shifting Ripple down. marks polka dots into one of the promising crypto lists. I still remember at that time many people speculated that Link would replace XRP position, but unexpectedly, polkadot became a mediator and won a lot of confidence from the investors out there.

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