Jump to content

gyroprotagonist

Certifiably Surly
  • Posts

    2549
  • Joined

  • Last visited

Everything posted by gyroprotagonist

  1. who said anything about a pump and dump? i was a day 1 investor for an online game done on the blockchain. that game has its own tokens and in-game currency and they incentivize people who stake and hold as well as provide the liquidity for people to convert USDC and other coins to their game tokens. That has been paying an extraordinary amount from conception to now. I have some that I locked in for a year, so this is far from a pump and dump. The project has grown from 3 people to now employing 20. Can i guarantee that they will have the stability of Lockheed Martin? no, they don't have a DoD contract as far as i know, but i am realistic in knowing that shit happens and it could all disappear tomorrow and have adjusted my risk appropriately. This is what i am talking about. people's bias just makes up their mind for them because everything related to crypto has to be scam because it all just electrons. "prices inevitably plummet because the asset doesn't have any inherent value or use" - That's just a wrong statement as there is use and inherent value due to the game and community that they have built.
  2. i'm earning 4-5% per week on another crypto coin i am in on the eth block chain. do nothing but collect the coin every day and choose to convert to fiat or speculate on if it will go up in price. it's ~350% per year return. will it last a year? who knows but it's an insane return right now and has been for last 6 months. Lots of crypto cexs will let you earn various rates of return 5-20% for just staking your coins. you can earn a % of the fees accrued when people move from one coin to another. There are tons of ways to earn passive income with crypto coins so this is stupid argument yes, what i am saying is not particularly insightful or useful information because i don't care if people think BTC is going to stand the test of time or not. i'm not personally buying and holding BTC even though i think crypto currency will continue to be more and more relevant as time goes on. people saying it's a fraud or ponzi but take stock valuations as the gospel truth just baffle me is all.
  3. not sure how this spun into comparing BTC to a company. BTC and Shares of a company are similar in that you can speculate on them. people have different theories on their value and it's mostly full of shit and both are over inflated. If you can trade BTC for fiat and then buy something with that fiat, then both BTC and fiat have value. But if your McDs generated $7.5 in fiat and suddenly that fiat cannot buy anything of value, then yes it would just as worthless as BTC. again, BTC, USD whatever is worth what people will trade for it. I am not trying to argue anything other than that. people saying BTC is worthless because it doesn't do anything are stupid. At least today it has worth. Does the gold sitting in UTs vault 'do anything'? is is going to be melted down for circuits, jewelry? no it's going to sit there and either go up or down in value based on speculation.
  4. I'll say it again. people can justify whatever bullshit they want to reinforce their beliefs on any subject. does not make them right or wrong because in the great words of Kip Dynamite "Like anyone could even know that" again, you say 'qualities of the asset' which is completely subjective. the consensus will determine how that quality is valued same as anything else bought and sold. lol at markets getting shut down when shit goes sideways and suddenly the qualities of the assets are plunging that were perfectly fine the day before. Then the powers that be just pull the plug and stop trading for a little while until an appropriate press release can quell the masses or poppa gov can bail them out. Yes, investing in companies *sounds* better than investing in electrons moving around the ether but don't kid yourself that both are not pumped up by smoke and mirrors. One has just has the government backing it and making rules to incentivize the masses to participate. i just think both stocks and crypto are speculative and people yammering away on the 'fundamentals' of a certain company or trying to justify a share price are full shit. But i participate in both because it's stupid not to.
  5. i tried to get into sol nfts. bought in to 2 duds right off the bat then just liquidated my sol holding to fiat before it tanked. guess it's a good time to buy back in for messing around with nfts. who are good people to follow on twitter for sol nfts?
  6. it's all (stocks, crypto) different versions of the emperor has no clothes fable. Yes stocks are based on a actual company, but are they worth the implied value, or are they vastly inflated when you look at actual profitability? But if the consensus says that this one is a winner, then it's a self fulfilling prophecy as long as the gov plays along and does not rock the boat. people still speculate and still need marks to buy at a higher price to be profitable. Fomo is rampant and big money influences the trend with buying and selling especially on individual stocks. something is worth what another will pay for it whether it's understood by everyone or not. That's all you really need to know about NFTs in their present form. More akin to people paying $$ for memorabilia or art if a Christie's auction was going on 24/7 and they could insta buy/sell. there could be some neat stuff come out of this. maybe that is worth something, maybe it's not. For speculating in crypto currency, i see no difference vs the stock market. you can talk about that it's a digital asset that is not worth the current price. Well, so is random share in XYZ company where they would need to increase profit by 1000% to justify the value of the share. Both will have buyers and sellers. tldr - people can justify whatever bullshit they want to reinforce their beliefs on any subject
  7. mint 3/15? that's like 6 months NFT time. But thanks for the link!
  8. straight shooter with upper mgmt becoming a cop written all over him he was likely waiting on the dog to attack him; does not necessarily make it a bad shoot.
  9. @Nice Guy Eddie nice pull! i don't know how the whole TS thing works, but it is like opening a pack of baseball cards? I had a moment of brilliance. some random p2e game that was emulating the Wolf Game. bought in at .15 and did not really want to mess with the game as a lot of other copycats had failed big time. So when the floor started ramping up prior to the game launching i exited at 1.2e and then forgot about it. Looked a week later and these things peaked at 9e! doh! I always tell my self to buy 2-3 of each project so you can take profit and still hold it if looks good, but i seldom do it.
  10. This is all you need to know for crypto. it's really this simple. so just figure out what BTC is going to do and you can't go wrong.
  11. it's not about equal access to the land. it was giving all descendants equal say in how things would be run. due to disparity in amount of grandkids, one side would then have more say/power in how it was run when the kids died. or at least that is what i got out of the story.
  12. good discussion. you say it doesn't do anything but then several "but sure"s idgaf either way and don't generally try to sway people one way or another. There is no game changing benefit as of now. nfts/crypto is a way to speculate on the value of something and try to make some $ while getting to see how it evolves real time. Also picking up some very interesting and fun projects along the way. at least in nfts it seems like the game changes every 3-4 weeks. I initially underestimated (frankly did not understand) the social/tribal aspect of using a marquee nft as an avatar because i was not invested in an online presence. a lot of people pay 6 or 7 figures for an nft avatar because it can give them a measure of online credibility and juice their 'follower' numbers just by possessing it. Interesting phenomenon to be sure now that celebs are jumping on board. i did not have jimmy fallon interviewing paris hilton to talk about their nft purchases on late night TV on my Bingo Card, but here we are. I tend to agree about the getting in early hype speech. i have seen so many people try to compare this moment to few months after Al Gore invented the internet as how 'early' we are in crypto. maybe we are early, but shit is moving 1000x faster than back then. Not sure i get the smart contract gas price comment. I mean, at the heart of it it's worth what someone will pay. one of my wallets shows that ive spent ~9eth on gas, so yeah, it sucks, but it was worth it for me. Even L2 chains can get bogged down with heavy use, but projects on those are pretty much free from gas so there are alternatives.
  13. it basically just whales getting greedy. they will push it back up again and more fomo will be created to produce buyers at the top. i would not put anything you ever need to live/retire into crypto but it's worth speculating into, imo. just take profit when it's there, lol. I am like 95% in cash but will get back in for the ride up. i don't know about that. i'll just say that the blockchain allows for different structures than what was available. legal or not, web3 allows for instant VC money to pour into a project and record who owns what. yes, some of projects are animal cartoon jpgs or outright fraudulent money grabs, but others are funding some interesting ideas (gaming, fashion, gambling, defi, art, music) that might not ever see the light of day. But at the end of the day, it's mostly another speculative market that people are playing to try and make more money.
  14. yeah, with only 13 seconds left AND 3 TOs, the D should not give a shit about keeping the WRs from the sidelines and just line up over them like normal and then start backing up prior to the snap. Wasting 2 players guarding the sidelines was stupid in that situation. Maybe if KC had no TO, I could see it, but with 3, there was no point. The clock is stopping after every play so if they want to throw a 10 yard out to the sidelines to save a TO it's still 4 seconds off the clock and only 10 yards. earlier in the game KC had run a similar formation and used Hill as decoy as he stopped underneath and they hit the receiver at the next level as the defenders reacted to Hill so maybe they were more scared of the deep ball, but Hill with the ball in space is about the scariest thing a Defense can encounter. Hell of a game to watch. was kinda rooting for the Bills to move on.
  15. yeah, i'm still waiting it out. buying the dip is cool and all, but not sure we ready to pamp yet. whales are merciless and probably a pump to clear out some shorts. geez, a single account just sold ~60eth of Looks right when it got up to $4. but it's been holding out pretty well tbh.
  16. took about 5-6 days to be back to 100%, but everything was mild even at that. cough on last Mon. thought i had sinus inf and home tested + on Tuesday. Wed and Thursday had the covid fog and still stuffy nose. Friday fog was gone and cough was gone. Sat/Sun felt pretty good and tested negative on Sunday.
  17. how long before that is in the Xgames or possibly the winter olympics if they use a snowmobile?
  18. yikes. i closed my Luna position around lunch and sitting 100% in fiat for now. RIP all my NFT eth fun money though. Still have degen defi plays working as well.
  19. sorry i read that as you just got boosted.
  20. for my CB account have ~10% in Luna and rest in cash at this point. not sure this is the bottom.
  21. probably just reaction to the booster. i had similar to my 2nd shot. was a little achy for a night then back to normal
  22. home tested + last night. really thought i had it a week prior (wife was + 1st week of Jan) but I tested negative 2 times then. Thought for sure i had a sinus inf. but wanted to test for covid before wasting a doctor's time. boom...postive for covid. Today the brain fog is killing me. trying to work on a computer and do math is really challenging. it's almost making me dizzy. crazy feeling was 2x moderna and had the boost on Jan 3rd.
  23. the LP is to collect a % of the fees between LOOKS and WETH when people buy and sell. you would need to pair your LOOKS with WETH and then add that to the pool. I am just straight staking. i had not seen that. crazy!
×
×
  • Create New...