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re: Official CryptoTalk Thread
Posted on 5/11/21 at 9:32 am to castorinho
Posted on 5/11/21 at 9:32 am to castorinho
Where are you seeing that? I swapped ETH for like $20 yesterday on CB
1
Posted on 5/11/21 at 9:32 am to castorinho
"ETH 2.0" is supposed to reduce fees. this has been promised and then pushed back since 2018, so im not sure they can give you a timetable on when its going to be implemented
there are other chains that are cheaper and do essentially the same things that ETH can do, but who knows if they will be adopted to the degree that we see with ETH
there are other chains that are cheaper and do essentially the same things that ETH can do, but who knows if they will be adopted to the degree that we see with ETH
Posted on 5/11/21 at 9:33 am to jimbeam
quote:
I swapped ETH for like $20 yesterday on CB
its currently over $250 to do a swap on uniswap
Posted on 5/11/21 at 9:35 am to WG_Dawg
quote:
I'm not super informed here but isn't the London thing that's happenign in July significantly decrease the gas fees?
allegedly
right now the gas is extremely high because of all the shitcoins being built on eth right now, so im guessing this is a temporary spike
(most of these coins are all dog themed)
Posted on 5/11/21 at 9:35 am to WG_Dawg
Nicehash predict will earn 3K this year from mining on their medium setting. About ten dollars a day using 73W which amounts to like ten cents a day of energy
I can dig it
I can dig it
Posted on 5/11/21 at 9:40 am to WG_Dawg
quote:
as far as the 12% return on stablecoins...am I understanding right that I can just use regular us dollars from my checking account and buy USDC with it, then have it sit there in celsius and make 12% interest on it? That almost sounds like a "too good to be true" situation..waht's the catch?
no catch but understand the rates can be changed at anytime.
Posted on 5/11/21 at 9:41 am to Ross
quote:
can dig it
How much did your rig cost?
Posted on 5/11/21 at 9:42 am to CE Tiger
bruh gimme your Celsius referral
Posted on 5/11/21 at 9:43 am to RATeamWannabe
1583461b55
Posted on 5/11/21 at 9:44 am to Tiger1242
quote:
How exactly does staking work?
you buy the specific token or coin that you want to staek. You offer it to the company you are using as a staked coin(usually have to keep for a certain time to start getting rewards). You then receive an APY back usually in more of the token you are staking.
so lets say you have 10 btc and you plan to hold long term. Instead of leaving in a nano ledger or on CB, you move to Celsius. You earn 6.2% On this while you coins are just sitting there. When you remove the coins, the coins are worth the price at that time plus you will have grown the sats through the APY.
Posted on 5/11/21 at 9:47 am to lsu777
quote:
no catch but understand the rates can be changed at anytime.
yup. as long as the contango trade exists the yield will stay high. currently, its about ~20% annualized, this used to be ~35% back in march.
Posted on 5/11/21 at 9:49 am to Ross
quote:
Nicehash predict will earn 3K this year from mining on their medium setting. About ten dollars a day using 73W which amounts to like ten cents a day of energy
You're jumping in at some of the most profitable days we've had over the past 6 months.
That profit will probably jump down to a couple bucks a day next week
Posted on 5/11/21 at 9:51 am to bluebarracuda
*HUNGARY TO CUT TAX ON CRYPTOCURRENCY EARNINGS BY 50% FROM 2022
^ this is where the game theory comes into play. countries will be incentivized to have advantageous tax regulations or people will just leave and live elsewhere.
smaller countries have a real opportunity here
^ this is where the game theory comes into play. countries will be incentivized to have advantageous tax regulations or people will just leave and live elsewhere.
smaller countries have a real opportunity here
Posted on 5/11/21 at 9:59 am to rocket31
quote:Yeah I've had ETH and BTC since I got burned in 2017 as a rookie. Thankfully I held. So I haven't had to move either and they've just been sitting there, so I haven't kept up with fees and such.
"ETH 2.0" is supposed to reduce fees. this has been promised and then pushed back since 2018, so im not sure they can give you a timetable on when its going to be implemented
there are other chains that are cheaper and do essentially the same things that ETH can do, but who knows if they will be adopted to the degree that we see with ETH
I'm now getting into NFTs (thanks to you, actually
) to diversify (or throw away, depending on how you look at it) some of my ETH profits and my God there's no way this is sustainable long term for them. quote:Yeah cashing out in CB is fine. Swapping is a big issue right now. If you're moving less than 2 ETH, that's a massive %.
Where are you seeing that? I swapped ETH for like $20 yesterday on CB
Posted on 5/11/21 at 10:05 am to castorinho
quote:
I'm now getting into NFTs (thanks to you, actually ) to diversify
I know nothing about NFTs other than was the acronym stands for...how does one make money off them?
Posted on 5/11/21 at 10:07 am to WG_Dawg
quote:
how does one make money off them?
Buy low sell high
Posted on 5/11/21 at 10:09 am to bluebarracuda
shiba inu coin is now in the top 20 marketcap for anyone scoring at home 
Posted on 5/11/21 at 10:22 am to rocket31
the market is rational and measured
Posted on 5/11/21 at 10:25 am to Tiguar
It’s like Dime and ECA all over again
Top things
Top things
Posted on 5/11/21 at 10:30 am to rocket31
I wonder what doge holders are saying about this doge killer
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