Currency Wars, USD, YEN, Bitcoin and what it means to you.

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hax0n
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Thu Jul 11, 2019 9:39 pm

I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....
https://twitter.com/realDonaldTrump/sta ... 2584072192
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electrachrome wrote:None of us who are responsible for this website really have any idea how it works
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hax0n
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Wed Jul 24, 2019 4:02 pm

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electrachrome wrote:None of us who are responsible for this website really have any idea how it works
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63schoeffling
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Sat Jul 27, 2019 10:24 am

Finally opened a CDP to try it out. Keeping my ratio high but will be pretty cool to grab extra ETH for free (minus fees). I was surprised at how simple it was and the UI is pretty slick.
cktbreaker
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Sun Jul 28, 2019 10:50 am

What is a CDP?
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63schoeffling
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Tue Aug 13, 2019 8:05 am

cktbreaker wrote:
Sun Jul 28, 2019 10:50 am
What is a CDP?
"Collateralized Debt Position" You lock your ETH into a smart contract and then can draw out a certain percentage in DAO. Then you can just sell the DAO and get cash or convert it into more ETH if you expect it to rise. Just pay a stability fee of 21% per year and make sure you stay collateralized over 150% or you get liquidated.

So you pay back the DAO when you want and boom, you get your ETH back. Or you convert the DAO into ETH like I did and then just wait until it rises... thus giving you extra ETH since you owe less than what it's worth.

DeFi is fascinating stuff.
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63schoeffling
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Tue Aug 13, 2019 8:15 am

Portfolio Update for anyone that cares:

ETH 50%
BTC 31%
VXV 7.5%
ELA 5.5%
IDXM 1.75%
IDEX 1.65%
DRGN 1%
KCS 0.75%
AGI 0.4%
SALT 0.3%
FXC 0.25%
BXY 0.25%

I plan on staking IDEX shortly and will consider ETH once the final specs are set it stone, but still torn on that because the penalties scare a novice staker like myself off.
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misterx
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Wed Nov 20, 2019 6:42 pm

misterx wrote:
Thu Dec 27, 2018 7:49 pm
fredo wrote:Hey look, it's Stockmarket Jesus giving hindsight to the blind.

Yeah, right, you sit there all bitter and twisted, I’ll sit here laughing all the way...nearly 3% overnight, baby,
Hope your mom gave you some cash to buy into gold shares when I gave the tip?

When I posted this in December you could buy BTO.TO for US$3.20 odd. Today trading at US$4.88 :D

50% in less than a year.

I'm still laughing, Fredo.

You took my advice, I take it?
War is peace. Freedom is slavery. Ignorance is strength.
applehead
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Thu Nov 21, 2019 12:44 pm

BTC - time to buy. Get in before the 25-30% rise coming over the next 1-2 months
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Codeblue
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Thu Nov 21, 2019 1:04 pm

Luls. We still doin dis fudge huh.
RupertPupkin wrote:I live by this rule and this rule alone: people are drymounting idiots.
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63schoeffling
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Mon Nov 25, 2019 9:24 am

Buys have been consistent through the entirety of 2019... anyone dabble with Gods Unchained? I tossed a handful of ETH into the genesis packs for investment purposes and snagged a few really valuable ones so I at least already made all my ETH back plus some if I were to sell today.
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gorkie
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Thu Dec 12, 2019 4:41 pm

Ring User Blocks $400K Bitcoin Extortion Attempt by Taking Out the Batteries

https://gizmodo.com/ring-user-blocks-40 ... 2019-12-12
It's not what you look at that matters, it's what you see. - Thoreau
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@gorkieartdogma on Instagram
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misterx
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Wed Jan 22, 2020 6:20 pm

Stockmarket Jesus here again, , pointing out how, once again, fredo NAILS IT...unlike me, who apparently ha$n't got a clue.

I did tell ya....
misterx wrote:
Thu Jan 31, 2019 8:41 pm
TSX:BTO, Toronto SX.

Bought them when trading as ASX:PIR. Then a buy out to BTO.

misterx wrote:
Thu Dec 27, 2018 7:49 pm
fredo wrote:Hey look, it's Stockmarket Jesus giving hindsight to the blind.
Cue clown music...12 months later

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War is peace. Freedom is slavery. Ignorance is strength.
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misterx
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Mon Apr 13, 2020 9:35 pm

fredo wrote:Hey look, it's Stockmarket Jesus giving hindsight to the blind.
Last calendar year:
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US$2.43 in May 2019

Today they closed at US$4.57.

Short of telling you why, I really couldn't have been clearer.
War is peace. Freedom is slavery. Ignorance is strength.
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