Search results

The difference between ETH and BSC

So, about this commodity rally It looks like its a repeat of the Spanish Flu pandemic supply disruption. But now deficits are worse than ever before, so are debt levels. This can affect inflation expectations in a big way. Meanwhile QE is still going strong, M2 is up 25%, vaccines are being...

https://www.zerohedge.com/markets/worlds-largest-hedge-fund-manager-warns-emerging-tech-stocks-extreme-bubble Dalio calling tech stocks a bubble. On the other hand, he doesnt understand technology so there is that. But I certaintly would side with him on being super skeptical of being an SPY or...

Yeah but the asset is more properly priced, given that Bitcoin is undervalue vs the global market of stores of value (which is like $20-$30T between gold, international investment real estate and art, etc), that means its price needs to rise a lot further

I dont understand what you mean? Why you cant get rich in a few months holding Bitcoin? I was referring more about a big picture view on the next big drop of Bitcoin, which I dont think is now, more likely we have many months left in this cycle

I dodget a bullet there (that was from 2018). If an investor wants to take their investing game to the next level, I wouldn't be reading Buffett, I would be reading Thiel and Paul Graham The Thiel rule I got from an AMA he did on Reddit, it says avoid investing in "downrounds" (fund raisings at...

Here is a theory I have been flirting with: By looking at historical data, its ridiculously obvious that Bitcoin is one hell of a bet when its down 70-80%. With smarter institutions coming into the space, instead of idiotic retail investors, 80% bear markets might now be a thing of the past. Now...

ETH fees are going through the roof right now!

Just sold 40% of my ZKSwap. Its up a lot since my purchase so I got to bank some

Every moron changed their twitter handle to laser eyes and crypto markets went into a correction mode. Twitter sentiment is something to be on the look out for top indicators

The issue is not my bias and evilness in discussing things, its that we have a different approach to risk. That is what makes us disagree about so much in crypto. It has nothing to do with the technicalities of this or that coin

Not to too my own horn but here it was my de-risk call from 2017 I did make a mistake in not fully appreciating the final parabolic move that these markets can bring, so in retrospect it was early (but it did go to 4k, so maybe it wasnt that early after all), I mistake I plan not to make this...

It looks like the difference between my style and yours is a different approach to risk How did you do in the last bear market? IIRC you lost the majority of your networth. I lost 2% in ICOs and a little bit on BTC in a long-term position I stablished during the crash, which was made up in...

When Uni/Token transfer fees soared, lots of traders/investors started to look for solutions. One of them was to move funds to exchanges and do the trading from there. To me, Pancake is nothing but an exchange, its not DeFi. I'm sure Kraken, Binance (the exchange), Coinbase and many others have...

Also, consider that when UNI launches a Layer 2 solution (v3) its game over for pancake

You know what would solve all scalability issues on ETH? For Vitalik to pay for dozens of supercomputers on AWS and have everything run from there as a proof of stake algorithm. That would do it, but of course, it not would be much of an improvement over the current financial system. I fail to...

Certaintly. I would recommend the youtube channel of Andreas Antonopoulos for all things BTC and ETH. For some of the math, his books Mastering Bitcoin and Mastering Ethereum (The Internet of Money is also excellent but doesnt contain math), they are avaliable online for free as well as on...

"After posting its worst monthly loss in history in March, Bridgewater’s flagship fund, Pure Alpha, ended the year down 7.6%. A more leveraged version of the fund lost 12.6%. " All that philantrophy and book writing from Dalio is costing their clients a lot of money...

I just run the numbers on ETH fees as well The trend is similar, but the total 'tax' is smaller. And the reason is because people are moving a lot more money when they move ETH than when people move BTC Historically, 6x more money (right now 11x). People get richer on Bitcoin and then some...

Yup, this whole thing is a pile of tail risk that is not much of an improvement over old finance. Once Uni has L2 or ETH2 launches, BSC is not that valuable anymore