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re: Official CryptoTalk Thread

Posted on 8/20/21 at 10:41 pm to
Posted by trux83LSU
brandon, ms
Member since Dec 2006
2674 posts
Posted on 8/20/21 at 10:41 pm to
Bruh avax whole system has exploded over the last 2-3 days. I’m pretty much all in avax shite except link. Got .008 of yak in the airdrop last week and dumped a bunch of pefi so I could get a whole yak. Spent about 650 on the 1 yak. It touched $6000 earlier tonight. 10000 max supply. shite is nuts.
Posted by SuddenJerk
Member since Oct 2017
756 posts
Posted on 8/21/21 at 1:19 am to
Man shite got a little heated in here today. Look, we are all in crypto chat here and should be civil. We are all on the right track and looking for gains.

Llamas or Hex we should all keep an open mind and not shite on each other

We should all be invested in multiple things and not put all of our eggs in one basket.

I’m not an expert and am still learning. Some people here will lead you to believe they are experts and know more than you. Don’t follow those people, a post count does not equal knowledge.

I am invested in multiple cryptos, if I can answer a question I will. I just happen to be deep in Hex/Pulse and believe in it a lot more than other crypto at this time. Some do not agree and that’s fine, but if I can answer a question I will.

What I can tell you is that Boom knows his shite and is very passionate. His defensiveness is not unwarranted as he is an early adopter and this shite has gone on since the beginning.

Now I don’t want to speak for anyone or take up for anyone. I’m just saying we are all in this thread for the same reason.

Keep an open mind.

Do your own research.

Do your own DD.

Now I’m off to be a jerk to someone else in another thread.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 8/21/21 at 2:45 am to
Olivia Dunne just inked a new deal with Voyager. I'm going to be richer than both the Mexicans and the Llamanians.

Posted by BottomlandBrew
Member since Aug 2010
29379 posts
Posted on 8/21/21 at 4:43 am to
Did I miss the bus on Sol or is it just getting started?
Posted by burgeman
Member since Jun 2008
10523 posts
Posted on 8/21/21 at 4:51 am to
I rolled my sushi profits into it last night.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82092 posts
Posted on 8/21/21 at 8:33 am to
Link? I hadn’t seen anything about that yet
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 8/21/21 at 8:42 am to
quote:

Yeah, get in early on the APYs on a new chain with liquidity programs and you can make some good money with *relatively* low risk.
A good one for those with SOL is Saber. Swap half of your SOL for mSOL, which is a liquid staking token from Marinade finance (similar to what stETH is from lido). Take those and put it in a SOL-mSOL LP on saber for 11% (plus the ~7% you get from the mSOL half of the LP). It’s not crazy returns, but it’s one of the best I’ve seen with basically no impermanent loss on SOL
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 8/21/21 at 9:57 am to
quote:

Look, we are all in crypto chat here and should be civil. We are all on the right track and looking for gains.

Agree. And sort of like hulk said, everyone says DYOR, which is fine, but part of that for me is this thread. It's a good starting point that leads to other avenues of information gathering. Questions and dissention (and the answers) are important, especially in a space where echo chambers are prevalent. I don't want this whole thread to be rah rah hex, etc. I learn by following the challenging dissention and the response to that.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 8/21/21 at 10:40 am to
quote:

A good one for those with SOL is Saber. Swap half of your SOL for mSOL, which is a liquid staking token from Marinade finance (similar to what stETH is from lido). Take those and put it in a SOL-mSOL LP on saber for 11% (plus the ~7% you get from the mSOL half of the LP). It’s not crazy returns, but it’s one of the best I’ve seen with basically no impermanent loss on SOL


Not worth it Imo. You already receive 8% for staking SOL. If you want a higher apr, stake RAY for 30% gains. It follows SOL due to Heart's law.
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 8/21/21 at 11:02 am to
quote:

Not worth it Imo. You already receive 8% for staking SOL. If you want a higher apr, stake RAY for 30% gains. It follows SOL due to Heart's law.
my way effectively gets 15.5% with just Sol (do have to sell off the SBR they reward you with to get to that amount). Worth it to me
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 8/21/21 at 11:14 am to
Ah I missed the other +7%.

Is a rug pull possible with what you are doing? If there is no impermanent loss, I wouldn't mind the extra SOL. The 30% return with RAY is fun to watch. Your account goes up pretty fast. It's actually a higher apy than that if you compound daily or so.
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 8/21/21 at 11:26 am to
quote:

s a rug pull possible with what you are doing?
a smart contract exploit or rug is always possible with newer amms (it’s only been out about a month), but the founders are very visible on twitter, over $600mil TVL, I feel good about it. As always DYOR
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/21/21 at 11:26 am to
quote:

I just happen to be deep in Hex/Pulse and believe in it a lot more than other crypto at this time. Some do not agree and that’s fine, but if I can answer a question I will.


Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/21/21 at 11:28 am to
yea there's been so many rugs recently, so it's only worth using these services if the founders have doxxed themselves
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 8/21/21 at 12:04 pm to
BTC trying for that 50k push but naturally getting lots of resistance right at that point and just before it

my question is once it happens do we see a sharp movement upwards or a quick movement back below. I know lots of people placing sell orders between 50-51k
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/21/21 at 1:50 pm to
what a month
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 8/21/21 at 5:37 pm to
Count on a red Sunday is all I think at this point.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 8/21/21 at 6:17 pm to
Markets are sort of showing signs of strength.

BTC fell below 45k briefly and demonstrated appetite for those prices- market rejected that price point.

That test needed to occur for the run to continue and give buyers confidence to keep buying.

Interesting week ahead.
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 8/21/21 at 9:10 pm to
It did a 180 last Sunday after I predicted one myself.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 8/22/21 at 7:41 am to
What we buying at this BTC level? Feels like momentum is looking up for some alts to keep running.

I'm wondering if COSMOS and AVAX ecosystems have more room to run. Maybe MATIC will jump to $2.
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