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re: Official CryptoTalk Thread

Posted on 6/11/21 at 2:13 pm to
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 6/11/21 at 2:13 pm to
I've been doing some degen yield farming on this Iron Finance fork on the Polygon network. They have the first Polygon-native stablecoin, IRON.. partially collateralized by USDC.

But most notably, they are trying to obtain adopters by massive issuance. They're issuing tons of their governance token, TITAN, right now. This is only slightly more legit than run-of-the-mill degen yield farms since you can earn so much on stablecoins...

I've got some of their IRON-USDC pool deposited on their site and it's earning 410% APR right now on this stablecoin pair. TITAN has been skyrocketing as a result, though I think it might be topping out and the bubble about to burst. I've made good money off of it, but this morning I sold off all of my TITAN.







Figured I'd share in case anyone else wants to be a fairly safe degenerate. 400% on stablecoin pair is just nuts. Rug checker websites deem it "low risk".


Standard Disclaimer:
As with anything, I'm dumb and this isn't financial advice. Degen yield farming is risky af, never put in more than you can afford to lose.
This post was edited on 6/11/21 at 2:23 pm
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 6/11/21 at 2:16 pm to
quote:

Yea this guy looks like the poster child for a scammy used car salesman
Yeah, until you actually listen to him and read his content. The guy has quite a few self help books and HATES scammers, exchanges (you don't own keys), and coins that the owner (you) don't own the actual keys. He is disgusted by these things. But sure, he "looks" shady. Actually do your DD and learn more about the heart behind the Heart and you may make a shite load of money. If not, see you in the rearview.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82097 posts
Posted on 6/11/21 at 2:34 pm to
Not knocking him on his beliefs. I was just commenting on his physical appearance, that is all

I still want to dip my toes into Pulse. Just waiting on boomtown to give us the updates
This post was edited on 6/11/21 at 2:35 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/11/21 at 2:44 pm to
bitcoin sure has been the Chad lately

wondering what the defi plebs are thinking right now

sol also passed chainlink in marketcap
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3749 posts
Posted on 6/11/21 at 3:32 pm to
Come on Bitcoin, hang in there big fella.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19627 posts
Posted on 6/11/21 at 3:35 pm to
quote:

Bitcoin to tumble further: oddsmakers bet on drop to $10K

LINK
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5587 posts
Posted on 6/11/21 at 3:47 pm to
The next headline down lmao

LINK

Bitcoin at $200K by Year’s End? Some Crypto Options Traders Make That Bet
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 6/11/21 at 3:55 pm to
quote:

Not knocking him on his beliefs. I was just commenting on his physical appearance, that is all
Have you seen the majority of these devs? Some goofy looking soy boys mostly. Richard at least doesn't come off as a total puss.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/11/21 at 4:09 pm to
Hopefully
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/11/21 at 4:18 pm to
he just looks radioactive. hard to explain.

Posted by Lgrnwd
Member since Jan 2018
8655 posts
Posted on 6/11/21 at 4:46 pm to
$10,000 is a lot more likely before the end of the year than $100,000+. But who knows
Posted by guppy
Member since Mar 2011
326 posts
Posted on 6/11/21 at 4:47 pm to
ICP just dropped all the way down to $57. It seems very volatile but can it really drop much lower than this? I am thinking about picking some up at this price. Any recommendations as I am pretty new to Crypto world?
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/11/21 at 4:52 pm to
quote:

ICP just dropped all the way down to $57. It seems very volatile but can it really drop much lower than this?


The answer to this is always yes. If you’re new I’d pack your bags and come back in 6 months before misreading something or dca Bitcoin, but that’s just me
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5587 posts
Posted on 6/11/21 at 5:13 pm to
quote:

$10,000 is a lot more likely before the end of the year than $100,000+. But who knows


10k after it hits 100k first
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5533 posts
Posted on 6/11/21 at 5:29 pm to
quote:

Bitcoin to tumble further: oddsmakers bet on drop to $10K


Did you actually read that article? Their source is a sports book, which if you go to their website they have nothing there on crypto. The writer of the article is a freelance that was hired by Yahoo through a staffing company according to his linkedin.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3749 posts
Posted on 6/11/21 at 5:58 pm to
Dear Crypro god:
Please shoot coin prices up 30-40% real quick, I promise I won’t be so greedy this time. Amen
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82097 posts
Posted on 6/11/21 at 6:27 pm to
quote:

$10,000 is a lot more likely before the end of the year than $100,000+
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/11/21 at 6:46 pm to
why does that guy come on here and fud every few weeks

he used to play the "govt gonna steal your bitcoin" card
Posted by CovingtonTigre
In your head Werder
Member since Mar 2021
1461 posts
Posted on 6/11/21 at 6:56 pm to
quote:

Did you actually read that article? Their source is a sports book, which if you go to their website they have nothing there on crypto. The writer of the article is a freelance that was hired by Yahoo through a staffing company according to his linkedin


Jesus Christ man. Even if I read the article I wouldn’t have looked up the authors LinkedIn profile.

How much free time do you have?
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5533 posts
Posted on 6/11/21 at 7:01 pm to
quote:

How much free time do you have?


The 2 minutes it took me to check the guy's credentials was only a small part of the free time Ive had today. My big event was a 30-minute jog in the morning.
This post was edited on 6/11/21 at 7:04 pm
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