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TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
77264 posts

re: Official CryptoTalk Thread
Blockfi has bigger name brand but Celsius rates are better and their user interface on the app is really amazing.


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21JumpStreet
Texas Tech Fan
Member since Jul 2012
12515 posts

re: Official CryptoTalk Thread
I like celsius and nexo. Nexo, you can trade to stable if you like to time those things. Interest gets paid out daily on nexo and weekly on celsius.
This post was edited on 6/9 at 10:22 pm


GREENHEAD22
LSU Fan
Member since Nov 2009
15723 posts

re: Official CryptoTalk Thread
Daily, weekly? They are paying full rates at those intervals? Is there a cap I am not seeing?


TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
77264 posts

re: Official CryptoTalk Thread
No it’s prorated, so if your coin gets 10%, it’s 10% annualized, but the payments to you will be 1/52nd of that if weekly and 1/365th of that if daily.


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rocket31
Toledo Fan
Member since Jan 2008
38170 posts

re: Official CryptoTalk Thread
yea after using these platforms for a couple years now, nexo is the best imo especially if you live in Louisiana.

-the ability to immediately swap crypto into stables is invaluable feature in this type of market.

-less rate changes, as blockfi seems to change monthly now and after 1 bitcoin they cut your interest

-daily payouts

-5 free withdrawals per month if you're platinum

with that said, you can earn higher yield with defi if you're willing to go that route


OneMoreTime
SMU Fan
Florida Gulf Coast Fan
Member since Dec 2008
60544 posts

re: Official CryptoTalk Thread
quote:

yea after using these platforms for a couple years now, nexo is the best imo especially if you live in Louisiana.

-the ability to immediately swap crypto into stables is invaluable feature in this type of market.
I second nexo for this reason. It allows you to be much more flexible


rocket31
Toledo Fan
Member since Jan 2008
38170 posts

re: Official CryptoTalk Thread
don't wanna fud but anyone else thinking that they're going to do some wild esg regulations on bitcoin soon?

after Elizabeths comments it has me wondering
This post was edited on 6/10 at 9:17 am


Tiguar
Minnesota Fan
Montana
Member since Mar 2012
31462 posts

re: Official CryptoTalk Thread
I’m trying not to tin foil but this bounce on btc off the Latin America news is screaming “rug pull”.

If someone’s gonna sell, there has to be buyers, and this looks like someone is about to be left without a chair when the music stops

Of course it could be real, but that’s why you wait for resistance markers to be broke
This post was edited on 6/10 at 9:34 am


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LSUJuice
LSU Fan
Back in Houston
Member since Apr 2004
17064 posts

re: Official CryptoTalk Thread
ESG?


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21JumpStreet
Texas Tech Fan
Member since Jul 2012
12515 posts

re: Official CryptoTalk Thread
Yea, they definitely need a nexo/btc easy exchange though.


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Ross
Auburn Fan
Member since Oct 2007
44248 posts

re: Official CryptoTalk Thread
quote:

don't wanna fud but anyone else thinking that they're going to do some wild esg regulations on bitcoin soon?

after Elizabeths comments it has me wondering


Can’t get much greener than geothermal usage of volcanos


TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
77264 posts

re: Official CryptoTalk Thread
quote:

Can’t get much greener than geothermal usage of volcanos

It has never been about green energy. It has never been about sustainability. That is just a strong lever that the powers that be can lean on since it resonates through the general population.


Ross
Auburn Fan
Member since Oct 2007
44248 posts

re: Official CryptoTalk Thread
I agree; just something to routinely tell people with the environment FUD is that Bitcoin incentivizes green energy and innovative approaches to how to utilize green energy we weren’t utilizing before


TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
77264 posts

re: Official CryptoTalk Thread
Exactly, and that is what people need to understand. If you are against bitcoin because you are pro-environment, then you are either ignorant or not really pro-environment. If you want a pathway to green energy, Bitcoin will get the world there exponentially faster than carbon taxes, corporation energy goals, and ESG policies.


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rocket31
Toledo Fan
Member since Jan 2008
38170 posts

re: Official CryptoTalk Thread
yea I know the arguments are not sincere but that's the card they're going to play

it's going to be a rough couple years I'm thinking


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DallasTiger11
UCLA Fan
Los Angeles
Member since Mar 2004
10044 posts

re: Official CryptoTalk Thread
quote:

I second nexo for this reason. It allows you to be much more flexible

I like Nexo too. They have a good UI but no one should put all of their crypto in any of these places. I did get an email from Nexo this morning that they are about to come out with proof of reserves with an American firm which makes me feel better


LSUJuice
LSU Fan
Back in Houston
Member since Apr 2004
17064 posts

re: Official CryptoTalk Thread
So hex is up 8% while everything else takes a shite.


rocket31
Toledo Fan
Member since Jan 2008
38170 posts

re: Official CryptoTalk Thread
yea good point. not sure if it's price manipulating or just a rabid cult like following but hex is worth paying attention to

Richard just looks slimy so I'm skeptical


TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
77264 posts

re: Official CryptoTalk Thread
quote:

Richard just looks slimy so I'm skeptical
Yea this guy looks like the poster child for a scammy used car salesman


Tiguar
Minnesota Fan
Montana
Member since Mar 2012
31462 posts

re: Official CryptoTalk Thread
Hex kinda gives me 2018 VET vibes from that standpoint but I don’t know anything about it to say if it at least has a use case


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