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MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
08-19-2021, 04:09 PM
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#6331
Originally Posted By Cinderblock⏩
You're doing it right.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.
08-19-2021, 05:00 PM
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#6332
- entropy91
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- entropy91
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Originally Posted By Drew1105⏩
Looks like it's an ERC 20 token but nothing pops up on etherscan with that tx idTried to withdraw FET from binance to bittrex, TxID is 0xbb68eeff30b3f326adb8bd922d00fc9fdf9e433f2145613f ae15e9d1696c4a53
08-19-2021, 06:53 PM
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#6333
- Trapstar4.4
- I am Bomani Jr.
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- 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.
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08-19-2021, 07:30 PM
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#6334
- OrdoAbchao
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Originally Posted By Trapstar4.4⏩
Don't leave out these....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.
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?
08-19-2021, 07:40 PM
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#6335
08-19-2021, 07:49 PM
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#6336
- jamalfudge
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- jamalfudge
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Originally Posted By Cinderblock⏩
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.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.
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08-19-2021, 07:54 PM
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#6337
08-19-2021, 07:56 PM
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#6338
- jamalfudge
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Originally Posted By im2manly⏩
If nobody knew what it was before it mooned, you didn't miss out. Ded fkn srs.I have purchased CargoX. Thx.
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08-19-2021, 09:44 PM
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#6339
08-19-2021, 09:58 PM
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#6340
- entropy91
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- entropy91
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Originally Posted By Trapstar4.4⏩
Gimme the details frenoh 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.
They are holding 500 mil in crypto and plan to sell it and only hold 10% of profits?
08-19-2021, 10:02 PM
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#6341
- entropy91
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- entropy91
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Originally Posted By Mogambo⏩
It's this damn monkey brain. Always looking for more.damnit it's like I'm never satisfied with my portfolio.
always have the grass is greener feel
always have the grass is greener feel
Part of me wants to sell 90% of my folio rn
08-19-2021, 10:07 PM
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#6342
- windchimesilo
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- 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?
08-19-2021, 10:36 PM
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#6343
08-19-2021, 10:41 PM
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#6344
08-19-2021, 11:05 PM
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#6345
- windchimesilo
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- windchimesilo
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Originally Posted By Mogambo⏩
I believe it's 5.13%What's the APY?
08-20-2021, 12:11 AM
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#6346
- travis976
- The Assman
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- travis976
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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 itโs really gonna blast off soonish Iโll keep putting more in it. Otherwise Iโll just throw sone here and there and focus on others..
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 itโs really gonna blast off soonish Iโll keep putting more in it. Otherwise Iโll just throw sone here and there and focus on others..
Bulldog Hard Nut
08-20-2021, 03:16 AM
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#6347
- JamesA1990
- Ruslting Jimmies
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- JamesA1990
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Originally Posted By travis976⏩
I keep DCA'ing Link every 2 weeks. Its my 3rd biggest bag. I feel its pretty 'safe'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 itโs really gonna blast off soonish Iโll keep putting more in it. Otherwise Iโll just throw sone here and there and focus on others..
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 itโs really gonna blast off soonish Iโll keep putting more in it. Otherwise Iโll just throw sone here and there and focus on others..
**Also check what sommi has to say every day crew**
Twinkcel fitness log
08-20-2021, 04:43 AM
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#6348
- im2manly
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- im2manly
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Originally Posted By travis976⏩
I think it is alright not sure I buy in to that $400 number. But keep DCAing and stake itS0mmi 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 itโs really gonna blast off soonish Iโll keep putting more in it. Otherwise Iโll just throw sone here and there and focus on others..
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 itโs really gonna blast off soonish Iโll keep putting more in it. Otherwise Iโll just throw sone here and there and focus on others..
08-20-2021, 05:09 AM
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#6349
08-20-2021, 05:22 AM
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#6350
08-20-2021, 05:48 AM
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#6351
- brbacquiring
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- 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).
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.
08-20-2021, 10:00 AM
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#6352
- MiamiLife305
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- MiamiLife305
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Back to 50k today
Lez go
Lez go
Future P.A in progress
We're all gonna make it
sleep tight pupper
08-20-2021, 10:02 AM
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#6353
- Trapstar4.4
- I am Bomani Jr.
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- Trapstar4.4
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Originally Posted By entropy91⏩
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.Gimme the details fren
They are holding 500 mil in crypto and plan to sell it and only hold 10% of profits?
They are holding 500 mil in crypto and plan to sell it and only hold 10% of profits?
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.
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I make typos.
08-20-2021, 10:52 AM
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#6354
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.
That being said, cumrocket is such a dumb ****ing name.
08-20-2021, 11:00 AM
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#6355
- The Nothing
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- The Nothing
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Originally Posted By windchimesilo⏩
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.I'm new to staking. Just delegated ADA in yoroi. Is it "staked" so to speak? Do I just let it sit there?
08-20-2021, 11:02 AM
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#6356
- The Nothing
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- 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.
08-20-2021, 11:17 AM
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#6357
- entropy91
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- entropy91
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Originally Posted By Trapstar4.4⏩
On spreadnah 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.
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.
Thanks for going into detail. Excellent point about the fees. I don't feel so bad now lol
08-20-2021, 11:18 AM
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#6358
- entropy91
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- entropy91
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Originally Posted By brbacquiring⏩
I will not fail you twiceSup, 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 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).
08-20-2021, 11:49 AM
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#6359
Originally Posted By Trapstar4.4⏩
Exchanges need to move away from trading fees as a major source of revenue.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.
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.
08-20-2021, 12:59 PM
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#6360
- entropy91
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- 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.
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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