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ยป MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
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post 1645300723 08-19-2021, 04:09 PM
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#6331
  1. Mogambo
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  1. Mogambo
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Originally Posted By Cinderblock
I'm still new to this. I only have a small amount in BTC, ETH, ADA so far through dollar cost averaging the past couple months. Saw so many predictions of 24k-27k Bitcoin so I held off, even on July 20th when I sitting there watching it at 29k. Shoulda just went with my gut.
You're doing it right.
post 1645304333 08-19-2021, 05:00 PM
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#6332
  1. entropy91
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  1. entropy91
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Originally Posted By Drew1105
Tried to withdraw FET from binance to bittrex, TxID is 0xbb68eeff30b3f326adb8bd922d00fc9fdf9e433f2145613f ae15e9d1696c4a53
Looks like it's an ERC 20 token but nothing pops up on etherscan with that tx id
post 1645311413 08-19-2021, 06:53 PM
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#6333
  1. Trapstar4.4
  2. I am Bomani Jr.
  1. Trapstar4.4
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oh lawd that coinbase news about holding $500M of crypto assets on their books. then 10% of profits thereafter. holy hell. we are going to smash tf out of that $50k barrier.
***Gender Non-Committed***
(She/Him/They/His/Theirs/Her/Them)


Falcons - Hawks - Braves
I make typos.
post 1645313583 08-19-2021, 07:30 PM
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#6334
  1. OrdoAbchao
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  1. OrdoAbchao
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Originally Posted By Trapstar4.4
oh lawd that coinbase news about holding $500M of crypto assets on their books. then 10% of profits thereafter. holy hell. we are going to smash tf out of that $50k barrier.
Don't leave out these....

https://www.forbes.com/sites/anthony...h=5b9d3ad32738

Blackrock buying a small stake in two BTC mining companies.

https://www.cnbc.com/2021/08/19/unit...ocurrency.html

2nd largest mortgage lender to accept BTC
What are you on about mate?
post 1645314113 08-19-2021, 07:40 PM
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#6335
  1. Gringo12
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  1. Gringo12
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https://101blockchains.com/use-cases-of-tokenization/
Fck u james
post 1645314653 08-19-2021, 07:49 PM
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#6336
  1. jamalfudge
  2. Throbbing Member
  1. jamalfudge
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Originally Posted By Cinderblock
I'm still new to this. I only have a small amount in BTC, ETH, ADA so far through dollar cost averaging the past couple months. Saw so many predictions of 24k-27k Bitcoin so I held off, even on July 20th when I sitting there watching it at 29k. Shoulda just went with my gut.
Not a bad strategy. If you're throwing money at crypto regularly then you can't go wrong putting 50% in BTC and spreading the other half among the top alts you should be good.
#
post 1645314923 08-19-2021, 07:54 PM
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#6337
  1. im2manly
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  1. im2manly
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I have purchased CargoX. Thx.
post 1645315053 08-19-2021, 07:56 PM
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#6338
  1. jamalfudge
  2. Throbbing Member
  1. jamalfudge
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Originally Posted By im2manly
I have purchased CargoX. Thx.
If nobody knew what it was before it mooned, you didn't miss out. Ded fkn srs.
#
post 1645320193 08-19-2021, 09:44 PM
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#6339
  1. Mogambo
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  1. Mogambo
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damnit it's like I'm never satisfied with my portfolio.

always have the grass is greener feel
post 1645320893 08-19-2021, 09:58 PM
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#6340
  1. entropy91
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  1. entropy91
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Originally Posted By Trapstar4.4
oh lawd that coinbase news about holding $500M of crypto assets on their books. then 10% of profits thereafter. holy hell. we are going to smash tf out of that $50k barrier.
Gimme the details fren

They are holding 500 mil in crypto and plan to sell it and only hold 10% of profits?
post 1645321033 08-19-2021, 10:02 PM
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#6341
  1. entropy91
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  1. entropy91
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Originally Posted By Mogambo
damnit it's like I'm never satisfied with my portfolio.

always have the grass is greener feel
It's this damn monkey brain. Always looking for more.

Part of me wants to sell 90% of my folio rn
post 1645321253 08-19-2021, 10:07 PM
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#6342
  1. windchimesilo
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  1. windchimesilo
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I'm new to staking. Just delegated ADA in yoroi. Is it "staked" so to speak? Do I just let it sit there?
post 1645322783 08-19-2021, 10:36 PM
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#6343
  1. entropy91
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  1. entropy91
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Anybody using Benqi ($qi) on avalanche chain?

Apparently 200 million TVL in one day
post 1645322993 08-19-2021, 10:41 PM
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#6344
  1. Mogambo
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  1. Mogambo
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Originally Posted By windchimesilo
I'm new to staking. Just delegated ADA in yoroi. Is it "staked" so to speak? Do I just let it sit there?
What's the APY?
post 1645324013 08-19-2021, 11:05 PM
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#6345
  1. windchimesilo
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  1. windchimesilo
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Originally Posted By Mogambo
What's the APY?
I believe it's 5.13%
post 1645326173 08-20-2021, 12:11 AM
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#6346
  1. travis976
  2. The Assman
  1. travis976
  2. The Assman
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S0mmi is preaching that LINK will hit $400
What do you guys think? Long term 5-10 years down the road? But he makes it sound like it will rocket to Pluto soon.. I do own about 40 LINK now but if itโ€™s really gonna blast off soonish Iโ€™ll keep putting more in it. Otherwise Iโ€™ll just throw sone here and there and focus on others..
Bulldog Hard Nut
post 1645329733 08-20-2021, 03:16 AM
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#6347
  1. JamesA1990
  2. Ruslting Jimmies
  1. JamesA1990
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Originally Posted By travis976
S0mmi is preaching that LINK will hit $400
What do you guys think? Long term 5-10 years down the road? But he makes it sound like it will rocket to Pluto soon.. I do own about 40 LINK now but if itโ€™s really gonna blast off soonish Iโ€™ll keep putting more in it. Otherwise Iโ€™ll just throw sone here and there and focus on others..
I keep DCA'ing Link every 2 weeks. Its my 3rd biggest bag. I feel its pretty 'safe'


**Also check what sommi has to say every day crew**
Twinkcel fitness log
post 1645331183 08-20-2021, 04:43 AM
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#6348
  1. im2manly
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  1. im2manly
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Originally Posted By travis976
S0mmi is preaching that LINK will hit $400
What do you guys think? Long term 5-10 years down the road? But he makes it sound like it will rocket to Pluto soon.. I do own about 40 LINK now but if itโ€™s really gonna blast off soonish Iโ€™ll keep putting more in it. Otherwise Iโ€™ll just throw sone here and there and focus on others..
I think it is alright not sure I buy in to that $400 number. But keep DCAing and stake it
post 1645331983 08-20-2021, 05:09 AM
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#6349
  1. BDSMBBW
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cum rocket is the new eth
post 1645332373 08-20-2021, 05:22 AM
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#6350
  1. im2manly
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Originally Posted By BDSMBBW
cum rocket is the new eth
So that's the new play because Only Fans makes terrible life decisions. Not unlike their contributors
post 1645333083 08-20-2021, 05:48 AM
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#6351
  1. brbacquiring
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  1. brbacquiring
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Sup, QNT brah here.

I don't normally do DeFi but I aped into this yesterday:



Convex (CVX)
Get it on sushiswap
Chart etc:
https://www.dextools.io/app/uniswap/...e1680ee266c35a

Check this out:

Uniswap
Total Value Locked: $4.7bn
Market Cap: $13.5bn

Pancakeswap
TVL: 4.5bn
MC: 5.5bn

Convex
TVL: $5.4bn
MC: ...$100mil

^^^^^^^
Do you see what I see?

It hasn't been mentioned on /biz until today (zero results on warosu), and twitter is just starting picking it up in the last couple of days. Chart is a thing of beauty (see above).
Could have been a slayer.
post 1645347573 08-20-2021, 10:00 AM
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#6352
  1. MiamiLife305
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  1. MiamiLife305
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Back to 50k today

Lez go
Future P.A in progress
We're all gonna make it

sleep tight pupper
post 1645347673 08-20-2021, 10:02 AM
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#6353
  1. Trapstar4.4
  2. I am Bomani Jr.
  1. Trapstar4.4
  2. I am Bomani Jr.
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Originally Posted By entropy91
Gimme the details fren

They are holding 500 mil in crypto and plan to sell it and only hold 10% of profits?
nah even better. they are going to "purchase" over $500M of crypto assets to hold on their balance sheet. interesting tidbit here is that it clearly will be a range of different projects and not just BTC.

so the 500M will sit on their balance sheet up front, then they have an ongoing purchase of additional assets with 10% of the profits that coinbase makes. it looks like they had $1.6B in profit in Q22021, so we would have 10% of that amount dedicated to purchases of additional crypto assets, for that quarter.. they will make the purchases on a mix of third party platforms and it's own OTC desk.

and for those wondering, "what their plan for the next bear market?". CB says that they have a $4B cash war chest that will float them during any bear markets.

an odd reason why this feels good is because it helps when i think about all those fees paid over the years. we're basically seeing a respectable amount of that plowed back into the market. so the sting is less painful for anybody who has paid a ton of fees, but yet has a nice portfolio to show for it. those fees are pennies compared to what you end up with with this constant injection of coinbase cash into the market.
***Gender Non-Committed***
(She/Him/They/His/Theirs/Her/Them)


Falcons - Hawks - Braves
I make typos.
post 1645350573 08-20-2021, 10:52 AM
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#6354
  1. Mogambo
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The Onlyfans news is interesting for crypto world. Porn has led the way for many other entertainment tech, crypto as it relates to content provider and distribution will probably be no different. The banking/financial system wants nothing to do with adult entertainment. Advertisers won't come near. It's ripe for a blockchain ecosystem.

That being said, cumrocket is such a dumb ****ing name.
post 1645351123 08-20-2021, 11:00 AM
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#6355
  1. The Nothing
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Originally Posted By windchimesilo
I'm new to staking. Just delegated ADA in yoroi. Is it "staked" so to speak? Do I just let it sit there?
Yep just let it sit and you'll be earning 4-6% APY. Every 5 days you'll be getting free ada into your wallet. Those new coins are automatically added to your initial stake so it's compounding.
post 1645351233 08-20-2021, 11:02 AM
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#6356
  1. The Nothing
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NEO brahs be sure to swap out your old neo tokens for the new N3 tokens. I think you have a year to do it so not a rush.
post 1645352273 08-20-2021, 11:17 AM
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#6357
  1. entropy91
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  1. entropy91
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Originally Posted By Trapstar4.4
nah even better. they are going to "purchase" over $500M of crypto assets to hold on their balance sheet. interesting tidbit here is that it clearly will be a range of different projects and not just BTC.

so the 500M will sit on their balance sheet up front, then they have an ongoing purchase of additional assets with 10% of the profits that coinbase makes. it looks like they had $1.6B in profit in Q22021, so we would have 10% of that amount dedicated to purchases of additional crypto assets, for that quarter.. they will make the purchases on a mix of third party platforms and it's own OTC desk.

and for those wondering, "what their plan for the next bear market?". CB says that they have a $4B cash war chest that will float them during any bear markets.

an odd reason why this feels good is because it helps when i think about all those fees paid over the years. we're basically seeing a respectable amount of that plowed back into the market. so the sting is less painful for anybody who has paid a ton of fees, but yet has a nice portfolio to show for it. those fees are pennies compared to what you end up with with this constant injection of coinbase cash into the market.
On spread

Thanks for going into detail. Excellent point about the fees. I don't feel so bad now lol
post 1645352333 08-20-2021, 11:18 AM
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#6358
  1. entropy91
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  1. entropy91
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Originally Posted By brbacquiring
Sup, QNT brah here.

I don't normally do DeFi but I aped into this yesterday:



Convex (CVX)
Get it on sushiswap
Chart etc:
https://www.dextools.io/app/uniswap/...e1680ee266c35a

Check this out:

Uniswap
Total Value Locked: $4.7bn
Market Cap: $13.5bn

Pancakeswap
TVL: 4.5bn
MC: 5.5bn

Convex
TVL: $5.4bn
MC: ...$100mil

^^^^^^^
Do you see what I see?

It hasn't been mentioned on /biz until today (zero results on warosu), and twitter is just starting picking it up in the last couple of days. Chart is a thing of beauty (see above).
I will not fail you twice
post 1645354453 08-20-2021, 11:49 AM
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#6359
  1. Mogambo
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  1. Mogambo
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Originally Posted By Trapstar4.4
nah even better. they are going to "purchase" over $500M of crypto assets to hold on their balance sheet. interesting tidbit here is that it clearly will be a range of different projects and not just BTC.

so the 500M will sit on their balance sheet up front, then they have an ongoing purchase of additional assets with 10% of the profits that coinbase makes. it looks like they had $1.6B in profit in Q22021, so we would have 10% of that amount dedicated to purchases of additional crypto assets, for that quarter.. they will make the purchases on a mix of third party platforms and it's own OTC desk.

and for those wondering, "what their plan for the next bear market?". CB says that they have a $4B cash war chest that will float them during any bear markets.

an odd reason why this feels good is because it helps when i think about all those fees paid over the years. we're basically seeing a respectable amount of that plowed back into the market. so the sting is less painful for anybody who has paid a ton of fees, but yet has a nice portfolio to show for it. those fees are pennies compared to what you end up with with this constant injection of coinbase cash into the market.
Exchanges need to move away from trading fees as a major source of revenue.
post 1645359653 08-20-2021, 12:59 PM
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#6360
  1. entropy91
  2. Registered User
  1. entropy91
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Looking into Convex

You can stake in their platform and earn cvxCRV tokens

This platform is like a booster for Curve users and basically CVX is given to you to incentivize you to use your LP tokens on their platform.

This is a lot like zoo built on wanchain with wanswap being the main protocol and zoo being the booster. Zoo tokens have lost nearly all of their value because they are essentially worthless. LPs are dumping them because they are free money. I know because I've used those protocols and was continuously dumping zoo tokens.

I put a little money in, but I'm skeptical it will pump much.
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