Crypto-trading thread

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Whirligigs
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5:21p, 9/21/21
Oh I agree I loaded up some more but still - I have colleagues are freaking out - that's when i usually load up more.
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administrative errors
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In reply to Whirligigs • 7:19p, 9/21/21
Why are they freaking out?



This is the path they will take, dca and hodl....
***
Coming soon:
AE Ventures - sooner than soon
*Psychedelic Retreats
*Physical and mental exercises
*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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Pro Ag
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In reply to administrative errors • 7:26p, 9/21/21
AG
There is KYC for Swan. Strike payment to hardware wallet is the best way to stack sats.
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administrative errors
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In reply to Pro Ag • 7:35p, 9/21/21
Pro Ag said:
There is KYC for Swan. Strike payment to hardware wallet is the best way to stack sats.
that's right swan is the referral program exchange. My bad.

I'm I agreement.
***
Coming soon:
AE Ventures - sooner than soon
*Psychedelic Retreats
*Physical and mental exercises
*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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bmks270
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In reply to administrative errors • 7:40p, 9/21/21
AG
administrative errors said:
Why are they freaking out?



This is the path they will take, dca and hodl....


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MRB10
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9:10p, 9/21/21
AG
Binance is cracking down on KYC. After 10-19 all existing users who haven't gone through it will have accounts shifted to withdraw only.
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In reply to bmks270 • 10:49p, 9/21/21
bmks270 said:
administrative errors said:
Why are they freaking out?



This is the path they will take, dca and hodl....



The fiat cult:
Obey.

The end.
***
Coming soon:
AE Ventures - sooner than soon
*Psychedelic Retreats
*Physical and mental exercises
*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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administrative errors
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8:35a, 9/22/21



It's hard to keep my ego in check when I portray the future accurately so often.

Pop quiz: what does DINO mean and what coins are not DINO?
***
Coming soon:
AE Ventures - sooner than soon
*Psychedelic Retreats
*Physical and mental exercises
*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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Done7
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9:11a, 9/22/21
Anyone who has been following crypto already knew this was coming. That why you buy the large caps like btc, eth, sol as your main holding.
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mrmill3218
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9:14a, 9/22/21
AG
Glad I rolled everything into BTC recently. Hopefully this news means BTC will take off.
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YouBet
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9:32a, 9/22/21
AG
I just converted all of my small holdings to BTC. I did keep my LTC and ADA. Considering selling those too though...
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Deluxe
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In reply to administrative errors • 9:58a, 9/22/21
AG
administrative errors said:
Pop quiz: what does DINO mean and what coins are not DINO?
I love a good admin errors pop quiz!

My attempts to Google reveal a token called DinoSwap, which I'm guessing is not the right answer. Is DINO an acronym?
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In reply to Deluxe • 11:03a, 9/22/21
HINT:
It's referencing something Gary Gensler said recently.

D____ In N_____ On__
***
Coming soon:
AE Ventures - sooner than soon
*Psychedelic Retreats
*Physical and mental exercises
*Addiction services

Step 3: property found

Step 4: set date

Step 5: plan agenda for participants, food, logistics etc, integration and counseling post-experience

Step 6: long-term planning

I am amped.
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SF2004
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In reply to administrative errors • 11:54a, 9/22/21
AG
administrative errors said:



It's hard to keep my ego in check when I portray the future accurately so often.

Pop quiz: what does DINO mean and what coins are not DINO?
IIRC you have always advocated for around an 80/20 split between BTC and ETH right? Stay away from the other crap coins correct?

Shifted my crypto holding to just that so I am ready to go to the moon with Elon.
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Deluxe
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In reply to administrative errors • 12:16p, 9/22/21
AG
administrative errors said:
HINT:
It's referencing something Gary Gensler said recently.

D____ In N_____ On__

Decentralized in Name Only
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5
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In reply to SF2004 • 12:25p, 9/22/21
I had been, but at this point with eth's change to pos, among recognition of its heavy use of AWS and others systems for resilience displays DINO qualities as well...

Combined with bitcoins ability to make smart contracts effectively via layer 2 protocols seems to steal most of the use cases from eth/etc/et cetera
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bmks270
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9:33p, 9/22/21
AG
Good economic lecture by Krugman and his thoughts on Bitcoin 2 years ago. Fundamentally not much has changed except Bitcoin price. Some of the problems he raises are being worked as he alluded to. A brief history of money and mediums of value exchange followed by arguments that crypto might actually be a step backwards. Discusses game theory, trust has been built on "repeated games." He suggests that crypto doesn't fix hyper inflation, because it is a result of societal collapse and crypto won't move food into the stores.

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Done7
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In reply to administrative errors • 10:40p, 9/22/21
Ethereum ability to run a node on AWS does not make it centerzialied. I am all for holding BTC, but you can't just ignore the growth of DEFI and NFT on Ethereum and other smart contract platform.
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YouBet
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In reply to bmks270 • 11:11p, 9/22/21
AG
Ooof. Hard to take this seriously. Krugman is a clown.

He could be right but it would be despite himself.
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In reply to Done7 • 5:11a, 9/23/21
Done7 said:
Ethereum ability to run a node on AWS does not make it centerzialied. I am all for holding BTC, but you can't just ignore the growth of DEFI and NFT on Ethereum and other smart contract platform.


I can ignore if it can't work without a centralized entity that could rug pull the system everything is built on.

Why is AWS used?
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mazag08
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6:38a, 9/23/21
AG
"Good economic" and "Krugman" don't belong together. Either the guy isn't good or is he is corrupt. You don't get that much wrong and become that partisan as an economist without one or the other.
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capital markets
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In reply to administrative errors • 6:57a, 9/23/21
AG
administrative errors said:
Done7 said:
Ethereum ability to run a node on AWS does not make it centerzialied. I am all for holding BTC, but you can't just ignore the growth of DEFI and NFT on Ethereum and other smart contract platform.


I can ignore if it can't work without a centralized entity that could rug pull the system everything is built on.

Why is AWS used?
If all the AWS nodes went away, the ethereum network would still operate though, right? In my mind being able to operate a node in many ways actually helps decentralization. What am I missing?
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In reply to capital markets • 7:41a, 9/23/21
60% of eth nodes run in the cloud.

Dated article but still relevant.

https://thenextweb.com/news/ethereum-nodes-cloud-services-amazon-web-services-blockchain-hosted-decentralization

Now, why does this happen? Why Is a node hosted on someone else's computer instead of something similar to bitcoin nodes?

HINT: it has to do with the block size warz

Other recent news:
https://decrypt.co/47846/ethereum-backbone-infura-suffers-major-damage
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In reply to mazag08 • 7:42a, 9/23/21
mazag08 said:
"Good economic" and "Krugman" don't belong together. Either the guy isn't good or is he is corrupt. You don't get that much wrong and become that partisan as an economist without one or the other.
He gets a platform because hiw cowtows to the party's demands for an "expert"
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YouBet
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8:39a, 9/23/21
AG
I don't own any ETH but I didn't realize it was mostly running on corporate infrastructure. That would keep me from supporting it solely because of that. It's completely vulnerable to all sorts of bad actors and actions at that point.

And especially now that you have big tech pretty much in league with one side of the political aisle as a defacto surrogate all the more reason to move away from that. That defeats the whole purpose of this entire movement.

Im going to end up being a 100% BTC Admin Errors convert by the end of this. I can feel it. Lol.
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Deluxe
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In reply to YouBet • 9:09a, 9/23/21
AG
In the end, we're all Admin Errors
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In reply to YouBet • 9:26a, 9/23/21
YouBet said:
I don't own any ETH but I didn't realize it was mostly running on corporate infrastructure. That would keep me from supporting it solely because of that. It's completely vulnerable to all sorts of bad actors and actions at that point.

And especially now that you have big tech pretty much in league with one side of the political aisle as a defacto surrogate all the more reason to move away from that. That defeats the whole purpose of this entire movement.

Im going to end up being a 100% BTC Admin Errors convert by the end of this. I can feel it. Lol.

PRAISE SATOSHI!
AE: do you accept satoshi as the creator and originator of all blockchains, and the bitcoin blockchain as the only chain so help you until the end of time?

Youbet:
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YouBet
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In reply to administrative errors • 9:29a, 9/23/21
AG
Lol.
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mrmill3218
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In reply to bmks270 • 9:34a, 9/23/21
AG
bmks270 said:
Good economic lecture by Krugman and his thoughts on Bitcoin 2 years ago. Fundamentally not much has changed except Bitcoin price. Some of the problems he raises are being worked as he alluded to. A brief history of money and mediums of value exchange followed by arguments that crypto might actually be a step backwards. Discusses game theory, trust has been built on "repeated games." He suggests that crypto doesn't fix hyper inflation, because it is a result of societal collapse and crypto won't move food into the stores.


admin errors, what would be your rebuttal to this?
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In reply to mrmill3218 • 9:35a, 9/23/21
My rebuttal is that I have chosen to never listen to Paul krugman for the rest of my life about a decade ago when he was arguing against Ron Paul's stances. He was a fraud then and is still a fraud and deserves zero percent of my time.

Why don't you lay out the bullet points?

[Edit]
Quote:
Fundamentally not much has changed except Bitcoin price. price is irrelevant

Some of the problems he raises are being worked as he alluded to. A brief history of money and mediums of value exchange followed by arguments that crypto might actually be a step backwards. crypto, yes. Bitcoin, absurdly not.
Discusses game theory, trust has been built on "repeated games." no idea what this is referencing, game theory isn't hard to understand and I encourage your own exploration
He suggests that crypto doesn't fix hyper inflation, because it is a result of societal collapse and crypto won't move food into the stores. I disagree, hyperinflation regardless of what entities try changing the definition to fit, is caused by money printing, money printing is a symptom of a bad system. Bitcoin's Unique system removes the ability to "hyperinflate." The next hyperinflation event will instead be a Hyperbitcoinization event.


This is possibly when I realized that he was useless as a reference [2013]
https://www.huffpost.com/entry/paul-krugman-trillion-dollar-coin_n_2427160
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LatinAggie1997
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9:37a, 9/23/21
AG
Are folks beginning to think/see what I have believed??

ETH will lose lots of market share especially to ecosystems like Cardano for all the right reasons.
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In reply to LatinAggie1997 • 9:42a, 9/23/21
Cardano is vaporware, as is solana, as are the majority of "defi" [read as: DINO] projects.

Your statement is based on hopeium, not effective coding.
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LatinAggie1997
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In reply to administrative errors • 9:45a, 9/23/21
AG
administrative errors said:
Cardano is vaporware, as is solana, as are the majority of "defi" [read as: DINO] projects.

Your statement is based on hopeium, not effective coding.


Now you sound like a BTC maxi giving no credit to the actual Cardano tech.
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mrmill3218
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In reply to administrative errors • 9:46a, 9/23/21
AG
I think his biggest point is that if people lose faith in Bitcoin then there is nothing stopping it from going to $0 because it isn't tethered to anything like the USD.

He also says it's going back in time and moving away from the frictionless monetary exchanging system we have today.
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In reply to mrmill3218 • 10:11a, 9/23/21
I highly encourage you to delve into the book, the bitcoin standard, by saifedean ammouns so you can hear the history of money from someone who ain't Paul krugman.

This book discusses each iteration of money and how it allowed the next advancement of humanity and the innovation that Fiat money created, it is an innovation dont get me wrong there's just a better product now and we are transitioning off the fax into the internet age of money.
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