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re: Official CryptoTalk Thread

Posted on 4/11/22 at 7:08 pm to
Posted by deNYEd
New Orleans
Member since Jul 2007
9700 posts
Posted on 4/11/22 at 7:08 pm to
quote:

Is the burn hard coded in or is it a team that decides burn amount?

burn percentages are hard coded. the actual function is public and can be called at anytime via the interface. With a small reward going to the caller
Posted by 21JumpStreet
Member since Jul 2012
14871 posts
Posted on 4/11/22 at 7:14 pm to
It's my last big buy for awhile that's why. Can't believe coinbase Pro daily limit decreased. Had to deposit into voyager. I'm getting too much on there for my liking though.

Strike is awesome buy only 1000 weekly limit smh
This post was edited on 4/11/22 at 7:15 pm
Posted by 21JumpStreet
Member since Jul 2012
14871 posts
Posted on 4/12/22 at 6:00 am to
Woke up to an unknown login on celsius

Hopefully I froze it on time...
This post was edited on 4/12/22 at 6:01 am
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58328 posts
Posted on 4/12/22 at 7:20 am to
quote:


I understand what you are saying, but the pretext to my calculation is pre-sale price. It's not realistic because the price will moon with massive buy and burn pressure, but it is a fun and jaw dropping exercise to compute the burn rate at pre-sale price.
ah ok so at a sac price of 0.0001, assuming 17 trillion tokens and 1 billion in volume a day that's 6.6 years to burn through all of the available tokens.
Posted by FnTigers
Member since Sep 2021
2631 posts
Posted on 4/12/22 at 7:28 am to
quote:

Woke up to an unknown login on celsius
hope you're not keeping your crytpo on a centralized exchange.
Posted by 21JumpStreet
Member since Jul 2012
14871 posts
Posted on 4/12/22 at 8:51 am to
Unfortunately, I am. May need to move it off now.
Posted by FnTigers
Member since Sep 2021
2631 posts
Posted on 4/12/22 at 9:03 am to
quote:

Unfortunately, I am. May need to move it off now.
Playing with fire imo. I know we have a trust level with these cex's, but so much better to have your own keys.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/12/22 at 9:57 am to
quote:

Unfortunately, I am. May need to move it off now.



I keep only a very small portion of my crypto on a CEX. Hardware wallets are the way for anything that is a long term hold, only keep what you might be trading short term on an exchange, and for obvious reasons I prefer DEX's to CEX's in this space, especially in this Big Brotherish regulatory environment when it comes to KYC.
Posted by G The Tiger Fan
Member since Apr 2015
116376 posts
Posted on 4/13/22 at 9:50 am to
Breaking News: Bitcoin fans are psychopaths who don’t care about anyone, study shows
quote:

Scientists at Queensland University of Technology described their findings in research published in the journal Personality and Individual Differences earlier this month.
There's an actual paper
This post was edited on 4/13/22 at 9:54 am
Posted by WG_Dawg
Member since Jun 2004
89747 posts
Posted on 4/13/22 at 9:59 am to


I was looking back at the first few pages of this thread when it was just about ETH from summer 2017. On page 8 I posted "I know everyone's situation is completely different, but what kinda price do y'all think it won't "be worth" continuing to buy? $200,300,500?"

Man I wish I could buy some $500 ETH right now lol

/hijack
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 4/13/22 at 11:14 am to
We were buying $80 ETH when this thread was first started
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/13/22 at 11:45 am to
As the always funny Tim Dillon responded, traditional bankers are certainly known for their empathy
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 4/13/22 at 12:00 pm to
quote:

BREAKING: Ethereum’s upgrade to proof-of-stake no longer expected in June according to core developer, now delayed until fall.


LINK

Shocked I tell you.

6 years delayed. Ethereum is such a joke nowadays
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/13/22 at 3:44 pm to
people staking on the beacon chain are probably so numb to it by now
Posted by Badagrur
Sweden
Member since Apr 2022
7 posts
Posted on 4/13/22 at 5:21 pm to
Will we see this price range in the foreseeable future again? What do you think?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 4/13/22 at 5:28 pm to
It should follow bitcoin as long as there is no major development in ETH 2.0 to rally behind
Posted by 21JumpStreet
Member since Jul 2012
14871 posts
Posted on 4/13/22 at 7:04 pm to
Shocked I'm assuming pulse is now delayed too

I say this as I think I lost a btc on celsius.
This post was edited on 4/13/22 at 7:06 pm
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 4/13/22 at 7:16 pm to
quote:

6 years delayed. Ethereum is such a joke nowadays


It would have been much better if they just kept POW as security and moved to Layer 2. I dont know why there is such a push for POS when POW works so well for security and every other chain has issues scaling with security and POS.

Anyway, glad I can keep mining it!
Posted by 21JumpStreet
Member since Jul 2012
14871 posts
Posted on 4/13/22 at 7:20 pm to
Seems right but I don't think we know even a quarter as much as vitalik
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 4/13/22 at 7:24 pm to
quote:

Seems right but I don't think we know even a quarter as much as vitalik


This is true. Which is why time after time the ETH killers have come up short.

The best challenger has been BNB and it sacrificed the decentralization to make it work.

I do hope the forks/challengers work out as there is room for everyone, but I do question how a fork of ETH can FIX the problems they keep running into with scalability and security.

This post was edited on 4/13/22 at 7:26 pm
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