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re: Official CryptoTalk Thread

Posted on 5/9/22 at 9:27 am to
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 5/9/22 at 9:27 am to
UST traded at .985 yesterday. Worrisome or glitch/blip?
Posted by MrSpock
Member since Sep 2015
4384 posts
Posted on 5/9/22 at 9:44 am to
quote:

Why would you think it would go back sub 50? Not from this incident. BTC won’t go below 33 in this bear market



May get a little relief bounce here before doomsday. But the lower SOL goes the more bullish I become.
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 5/9/22 at 11:52 am to
Printed a .971 just a min ago.

Link under $9

Dayum
Posted by BottomlandBrew
Member since Aug 2010
27250 posts
Posted on 5/9/22 at 1:33 pm to
It has potential to be worrisome. Just a wait and see game, I guess.

In other news, we just went down past $31,000.
Posted by MrSpock
Member since Sep 2015
4384 posts
Posted on 5/9/22 at 1:36 pm to
quote:

In other news, we just went down past $31,000.



They going after Saylor
Posted by LordSaintly
Member since Dec 2005
39081 posts
Posted on 5/9/22 at 1:43 pm to
UST at 0.955
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 5/9/22 at 1:51 pm to
Buy the dip!
Posted by RJSambola
Member since Jun 2012
319 posts
Posted on 5/9/22 at 1:55 pm to
BTC gonna feel the attempt at pegging UST
Posted by castorinho
13623 posts
Member since Nov 2010
82099 posts
Posted on 5/9/22 at 2:02 pm to
quote:

UST traded at .985 yesterday. Worrisome or glitch/blip?

Kwon packing his bags as we speak
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 5/9/22 at 2:10 pm to
Got as low as .912

Posted by BottomlandBrew
Member since Aug 2010
27250 posts
Posted on 5/9/22 at 2:17 pm to
It's very close to being in a death spiral. It might already be in one.
Posted by RJSambola
Member since Jun 2012
319 posts
Posted on 5/9/22 at 2:18 pm to
Yeah, mim got to 94 and recovered earlier this year, but nowhere near the volume. People are going to start evaluating the sweet staking returns soon
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80859 posts
Posted on 5/9/22 at 2:20 pm to
UST finna blow up the crypto markets if it hasn’t already
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 5/9/22 at 2:29 pm to
They are claiming they were “under attack”

By who?
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 5/9/22 at 2:29 pm to
What do you charge?

Do you simply deliver a contract?

Are you any good?
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 5/9/22 at 2:43 pm to
Hearing they also moved all the bitcoin from their wallet… the end.
Posted by umrebel2009
Member since Feb 2010
7306 posts
Posted on 5/9/22 at 2:58 pm to
quote:

They are claiming they were “under attack”

By who?


alot of people on Twitter wanting Luna / UST to fail. There is currently a $22million custodial bet between Do Kwon and a couple of others on twitter about whether Luna / UST will fail by next year
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43317 posts
Posted on 5/9/22 at 3:56 pm to
I know people like UST/Luna because of the returns, but honestly it seems really unsustainable. Anytime there's a big dip in the market, a billionaire fund has to dump tons of money to keep the peg.

I wish the entire crypto space would move to using $RAI as a stablecoin. It's the first crypto-native decentralized stablecoin, only backed by ETH. It's an algorithmic token so it comes with risks, but it generally holds its peg really well and auto-corrects if peg fails. It's not pegged to USD, but to itself (more or less)

LINK

This post was edited on 5/9/22 at 4:03 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43317 posts
Posted on 5/9/22 at 3:58 pm to
quote:

What do you charge?

Do you simply deliver a contract?

Are you any good?




I'm still a noob. Honestly, haven't been paid for any contracts yet, I just am talking shite I've been doing this in my spare time.


But I have been contributing heavily to a DAO as the sole smart contract developer for the last few months for a couple of NFT projects they're looking to launch in June/July. That repo is private so I can't share it until after launch. Also, I'm currently in a Hackathon and building out an NFT staking contract for a project based around music.

I am hoping to get a FT job in the space in the coming months, just building a portfolio.

You can see the contract and testing script I'm working on right for the Hackathon now:
LINK
LINK
This post was edited on 5/9/22 at 4:03 pm
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 5/9/22 at 5:09 pm to
Holy shite. Printed an .84
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