The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Fearless looks very interesting to move & stake within the Polkador Eco system ,Thanks Marc
Is that with the card or BACS ? ,I dont get charged anything like those figures
Sorry 10% reward fee ,I think that varies per winning slot
I would contest those Fee,s for GBP deposit on Kraken as I have not experienced anywhere near that level of charge ,You say 15 deducted from Rewards ,Moonriver reward on Kraken is 14.5 per KSM ,So you pay loose 1,4 movr ?? Counter balance with you can hold those KSM in your staking account just minutes to release and move to contribute to KSM crowdloans ?? very cushy system from Me ,But Like everyone to there own
Staggering rise for MOVR,
DOT is the native token for Polkadot ,Kusama is the Canary ( Testnet) for Polkadot of which Moonriver is just a Parachain /Cog,
What happens when MoonBeam ( Moonriver parent protocol ) launches on Polkadot seeking DOT tokens for contribution along with Commonwealth Acala etc etc ,Will we witness the same reaction ?
VEGA $21,LIDO $5.60, Amazing ROI thus far from those 2
KSM @ $400, DOT will overtake Dogecoin & ATOM will break its ATH this weekend ,Is the recent big moves in ATOM down to a possible Euro association ?
Unbelievably exiting times for KR1 holders Now ,Imagine the NAV in 2023 with all the Lockdrops, Rewards from Kusama & Polkadot parachains of which there will be INITIALY X 100 on each protocol will be off the scale & FREE amounting to untold Hundreds of $Millions
Im glad RP is becoming a major holding as is Moonriver ,Not all the hoses in the stable are producing an attention gaining run
I find it baffling that Polkadot is not striding out to take point in this current stakes + Quite ominous that Polkadot doesn't even warrant a mention in the below update ,Maybe the author forgot the interoperability advantage of Cosmos & Polkadot ????
Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms
In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon where new competitors regularly join in on the race.
https://mailchi.mp/cointelegraph/altcoin-roundup-high-ethereum-fees-kick-start-a-liquidity-migration-to-layer-1-platforms?e=64fd3d9b19
Moonriver now $305, Worth + or- $20 million to KR1 A GIFT, as a consequence of KR1 contributing 5K KSM ( Also a GIFT worth currently another $1.8Million ) to the Moonriver crowdloan
Not many business on the Planet ( except maybe Colombian marching powder profit ) can come near to that business model
If Moonriver is capable of that level of mark up ,What of Polkadot ,Yet DOT sits @ $30 a good 40% from its ATH and KR1 sit at 35% off its ATH
WTF ?
From my personnel view , Dodge coin has been successful simply because its up & running and its there,, momentum has caught the American public eye ( no matter it has no use case as the majority probably know jack s--t about crypto anyway and dont want to ) Cardano is breaching out on a Global basis and bringing banking to the world of unbanked with again momentum and appeal
Try explaining Polkadot to Joe Public !! Joe public dosent want to know work out interchain interoperability, If DOT was gaining traction based on technical ability it would be like doge on steroids', If we take the metrics from the first and second tranche of Kusama auctions as that typifies the ethos & methodology of Polkadot and Kusama and as a base for whats happening with DOT now, Parachain auctions are designed to be fair to spread the load and knock out Whales having control , Karura & Moonriver in the first tranche secured the slots simply by having a plan as have KILT in this second tranche ,Plan ,simply establish appeal way prior to auctions making sure your supporters contribute enough KSM from the off to attract those sitting on the fence , This in turn obliterates the competition , Those protocols who are complacent and arrogant to think they will secure a slot coz there tech is brilliant, Have and will be left behind , Doge coin demonstrates the herd mentality applies
Right now the 2 biggest use cases in Crypto are NFT & DeFi ,Maybe gaming a late third Solana ,ETH , Regulation is only a matter of time , where DeFi stands on that I know not , But right here right now , Polkadot is still in the pram ,Does that guarantee it will grow up to be **** of the Playgound in 2 to 5 years time ? ETH ,ADA & SOL are strutting there stuff NOW, so have the advantage
Bernhard ,I,m interested to know your take on why the price of Polkadot.s native token DOT is not cutting the Ice regards value .You state
- Polkadot which has 365 projects on board and an mcap of £32b. Cardano and Dogecoin have zero projects and a combined mcap of £137bn - go figure.
DOT has gained around $9 last few days but still way off its ATH, Whereas Solana & Cardano are making huge gains on top of there ATH, Granted Polkadot has unlimited potential and is attracting Developers ( The delayed Parachain launch is becoming an issue for several other entities ) as has Cosmos ,But again Cosmos native token ATOM is lagging behind ,Both Cosmos & Polkadot are pioneering protocols ,Is it simply the native tokens not making a Splash ?
Anybody looking in here with a view to buy , Might be a idea to take the plunge now rather than later
Seems some Traders expect an ETH of $50K by March next year ,
YES $50K
There was a flurry of call buying and put selling after the London fork," said Darius Sit, CEO of Singapore-based QCP Capital. "Of particular note was large buying interest in tail strike calls such as a $40,000/$50,000 ETH bull call spreads that were traded with us. A total of 12,500x contracts were traded. We had to take a second look at the screen to make sure those were ETH strikes and not BTC!"
https://osom-d453a52633cb.intercom-clicks.com/via/e?ob=65KpuOTagpTEdeUjc%2BE8tcRfdwvrYCx4lhpO7rA5sHTHQ3S8Dj8dMjwhSLURbQOlmJ8Ijng7EprQVKwKIBp0NZyd8P5usv4UOcLaBH3R1KE%3D&h=d82c58704a69056f8f2b78c9fda3d5b596cceae8-z6l9sssx_148563800445852&l=d6df1de913994d2594d3f1220602e15db5c75510-9781539
I share your * In Awe * sentiment of these Guy,s as we/I have for years ,However I.m not a fan or share your Aquis view , KR1 could and will swell there NAV to over a Billion $ ,What then ? Remain on an illiquid, Mickey Mouse exchange ,Its akin to working figures out on an Abacus to a Quantum Computer ,Its bizarre they would leave the fund open to manipulation from a gang of * squeaky Bum * Market Makers used to dealing with a few K of shares on a daily basis ,KR1 is not far from a behemoth in a sector that on fire and only in its infancy , Institutional interest is most obviously there ,But taking a position in KR1 whilst on Aquis !! Your having a Giraffe
I hope GMcD & KVS can steer this Fund for years to come as there modest status and attitude is so awe inspiring
Now were cooking the Gas, Remember the original KSM were freebi,s for participating in the initial Polkadot funding ,The City Of London ECI Brigade just have to recognize the potential KR1 has within this Cycle of Free * Lockdrops* Tokens, Staked for 12% + then loaning those freebi tokens to contribute towards Parachain Auctions ,IN Turn receiving multiple Millions in Rewards + the * Take Flight * rewards for initial Moonriver auction contribution AND Flip the KSM to generate more Untold Millions of $$$
This strategy is off the scale ,!! As I touched on the MOVR rewards in an early post
Only a matter of time before the sheer brilliant outstanding business foresight and acumen Mr GMcD & Mr KVS is up in lights ,George Soros & Warren Buffet are mere chancers next to the Dynamic Duo
Dont think hey will move off of Aquis anytime soon ,The frailties are very apparent but they seem entrenched on Aquis
There was quite a bit of chatter on Twitter over the weekend regards the market leaving DOT & KSM behind ,So last night and today the response has been a very positive one GW must have been rallying the troops in Polkadot Land & Lancaster
Anyone participate in Moonriver auction ?, Phenomenal rewards structure with MOVR @ $170+
Another In Depth look into 2 of KR1,s top 4 hold's
https://t.co/e1aChVW2Xs?amp=1
Seems the Team are moving up a gear with
https://t.co/2OwMTbkH3x?amp=1
With Mona El isa head honcho @
https://enzyme.finance/
The inhouse connection might be a statement of intent from the Dynamic Duo ,Who had a lot to do with Chainlink initially and some untoward event happened ,
Sooo glad that GMcd & KVS are flexing there muscles and investors can achieve a greater insight into there extremely high caliber and capabilities ,Those 2 have most definitely the potential to become top players in there own sphere
Which Parachains are you referring to Money ? Kusama in 4 days time or Polkadot in ?, From what I can gather Polkadot is under scrutiny from upon high A fantastic endorsement and My hope's are likewise for the future as I hold a Shed load ,Near Term there is no doubting the lack of positive sentiment is having an adverse effect
Can anyone come up with some credible Deep factual info on all things DOT to improve sentiment for me
Please
Blockchain mainstream now picking up on the current demise of Polkadot & as a point ,Solana might not tickle the fancy the the Dynamic Dou but they are serious competition to DOT
Polkadot is making headway slower compared to "Ethereum killer" competitors Solana and Cardano +analysts expect a further price drop in DOT after the altcoin lost its support.
https://www.fxstreet.com/amp/cryptocurrencies/news/polkadot-lags-behind-solana-and-cardano-as-it-attempts-to-solve-vitalik-buterins-blockchain-trilemma-202108270846#amp_tf=From%20%251%24s&aoh=16301718740278&csi=0&referrer=https%3A%2F%2Fwww.google.com
KR1 strategy of having a hefty portion of backing *All things Polkadot* inside the pf might not be rewarded as much as previous forecast ,Somebody commented on lack of diversification in other protocols like Avalanche ( up 300% last 3 weeks ),Solana ( up 200% last 30 days ) Luna up ( again 200% last 30 days ) Cardano ( 120% last 30 days ) These protocols are achieving new ATH,s ,Whilst DOT is struggling to go above 50% of its ATH, Whilst nobody can question the sheer brilliance of Gavin Wood or the Dynamic Duo in investing ,Its not always the case that the Best or longevity of its development guarantees top sucsess or adoption as a Decentralized Finance protocol ,The complacency in not launching the Polkadot Parachains as expected (Q1 21 and now it looks it might not even start in 2021 ) might come back to bite Mr GW and KR1,Look at ICP struggling to gain traction despite its very strong appeal ,The delay has cost Dominic Williams dear ,Even the Kusama parachain launch is not without controversy ,Some of the protocols are looking at a diverse strategy should they not secure a slot in the second or even third tranche of auctions ,Are they expected to hang around like Polkadot to await progress and be surpassed in the race to DeFi adoption whilst awaiting a parachain slot ?
Cardano will soon have DeFi sidechains of there own that will be interoperable into ETH & BTC and other protocols like Polygon ,Solana has come within less that $2B MC of DOT currently at $26.48B and looks like it will move ahead
I dont profess to have a deep knowledge of the race , But as my Layman's eye cannot deny Polkadot.s complacency is most definitely costing it traction in the race to adoption in the short to medium term ,Regardless of caliber of the tech and sheer development skills of its creator , Currently in the business acumen stakes Hoskinson is way ahead , KR1 steadfast belief in * All things Polkadot* might be tested in the coming months if the parachain methodology doesn't shake off this complacency
Hi Mando & Thanks
I have contacted !! over this and received a prompt response detailing a 30% withholding Tax will be implemented unless I fill the W-8BEN form reducing to 15% thereafter regardless of holding within the ISA umbrella, They did not satisfy my SIPP enquire though !! Best strategy would be to buy on the dips below 85/90 ( if possible ) so as to mitigate that 15%,I remember a few years ago holding an advisory account with Interactive Brokers that shockingly deducted a US holding tax on the gross ( not made clear on inception )