BTC $500k, ETH $42k, ChainLink $1,400

[johnarb]

johnarb,

What would be best tokens in your opinion to look at for POS?

Thanks

"Best" is in the eye of the beholder, but for pure economic reason, you'd want to take a look at the highest yield that is the "safest" play

Ethereum is pretty good, but 32 Eth is pretty stiff and running a node is very difficult and technical so you'd want to look at a staking pool solution

I like Tezos, but I'm biased as I was a baker for a long time. It's an improvement on the DPOS (delegated proof of stake) which they named LPOS (Liquid proof of state). So you don't need a staking pool to participate in securing the network/blockchain, the LPOS model is a baker (the one that puts the bond tokens) can accept others to point (delegate) their baking rights, without giving up their coins. It's LPOS because there's no lockup, for example, if I have my 10,000 coins that I pointed to a baker and I needed liquidity, I can sell 1000 coins or all of them at an exchange and the baker will only pay me for the time I was delegating and the number of coins active

There's an OG hybrid POW/DPOS called Decred

Anyway, that's all good and nice, but for both of the examples above, the rewards for staking are not much, so is that considered "best"? money talks, bullsh*t walks, as the saying goes

I think staking cardano has higher yearly returns, also link, and Luna is 11% but I never looked into them. How safe are they?

My rewards for staking Cake is 79% as I compound manually and save the 2% management fee of the auto-compound pool, but that is not POS, that is just project tokenomics. It's not to secure the blockchain of a L1 POS coin. There are many projects that allow you to stake and get high rewards but not to be confused for POS

 

[s0mmi]

You make a good point but there are more bitcoin critics than the ones who are bitcoin believers on the forum and they certainly do not believe bitcoin would hit $100K this year

Check out the Bitcoin price thread around May-June when they were calling for $20K and $10K and lower and I told them to buy and look ahead to the end of the year (Oct-Dec) as possible time for bitcoin to hit $100K and higher

There are several threads celebrating the hard pullbacks in bitcoin, you can see them on this forum

However, all of that being said, hitting $100K does not mean the end!!!

If bitcoin does not hit $100K this year, is that a reason to sell your bitcoins??? If bitcoin hits $100K this year or next year, so what?????

I'm holding bitcoins now and will continue to hold bitcoins even when (if) it hits $100K

I might sell one if btc hits $250K next year, but not fully decided on that

Anyway, my point is holding bitcoin is like a religion. It's a belief system. $100K price per bitcoin is nice, but what's more important is adoption

Increase in users, increase in things like countries that buy and use it for legal tender, more public companies using for treasury reserve assets, US Bank and other banks allowing customers to purchase on their accounts, a bitcoin spot etf, JP Morgan, Morgan Stanley, Goldman Sachs and others of the likes allowing their wealthiest clients to invest in bitcoin, PayPal, Visa, MC, Google Pay, integrating for payments, etc, etc, etc

That's more important than a $100K price tag for 1 bitcoin. That's true value

Epic read...

Im not surprised everyone here was calling for $10k to $20k

Most people get it wrong and they always fall into teh same trap:

#1 They chart in linear (not log)
#2 They ignore money printing factor
#3 They refuse to believe that stock to flow exists

etc. etc.

$100k will be the next 'boss' , where a lot of retailers will exit because its a round number. I'll be holding for way longer than that