Search results

  1. johnarb

    BNB

    No doubt, eth is much better than bnb in decentralization, but bnb (binance smart chain) is serving a purpose during this time when ethereum blockchain is not due to high gas fees and congested network...
  2. johnarb

    Do you consider Bitcoin's slow transaction speeds as a Major issue?

    Been dumping my eth and eth defi tokens to btc since yesterday. Hit my limit of daily 2 btc withdrawal on Binance last night This morning, had to pay ridiculous eth gas fees (over 500 gwei) to transfer eth and usdt (via bridge) to binance smart chain, but once they are on the bsc, what a joy to...
  3. johnarb

    The Cryptocurrency Trading Journal

    I absolutely do believe Eth 2.0 with all of those features will solve the problems, the question is when? Present time, the risk/reward is not so good on eth, imho. I'd rather hide out (trade the eth pfolio capital value and 2 eth defi coins value) in btc All other pfolio position stays as...
  4. johnarb

    The Cryptocurrency Trading Journal

    I would not call it evilness I hodl 120 Eth and my plan was to hodl until it hits $10K by eoy, but I'm not stubborn when I see new information in front of me. I now see Eth has more downside risk than upside potential. Imho, It may go higher to $3K, but since it has hit the transaction limits...
  5. johnarb

    The Cryptocurrency Trading Journal

    I hope you can see what I see You have chosen to direct all your efforts on me and my investing situation. What happened to your quest for unbiased truth? Ahh, you don't like the info I posted to you so it's easy to ignore and attack the messenger I lost all profits on my first bear market...
  6. johnarb

    DeFi - going bankless

    I do not have an answer for your Q. Sorry... US crypto people are not even supposed to be able to trade or do defi on BSC due to ge-blocking. I have no tax advice since I'm not a professional. I report and pay taxes when I cash out to fiat, which cannot be done on Binance.com or from BNB or XVS
  7. johnarb

    Bitcoin Price Thread

    Hi Bitcoin btc $58K!
  8. johnarb

    The Cryptocurrency Trading Journal

    Man, you told me you have a dedication to the truth with no bias, yet your responses have been focused on DEXes. You are selectively choosing your facts Listen, DeFi is not just dexes. You don't defi so you don't know. AAVE, COMP, MKR, SYN, YFI, CREAM, etc, etc You're turning it around to me...
  9. johnarb

    The Cryptocurrency Trading Journal

    How about a 30 minute youtube video? I'm not trying to sell you on BNB. I'm only sharing something that I'm actually seeing and experiencing first hand. The guy on the video doesn't even do defi but he's presenting metrics I was not aware of. some disclosures: my biggest crypto holding is...
  10. johnarb

    DeFi - going bankless

    Ok, I guess another update... I'll be staying on BSC for a while, hodl mode on BNB and XVS. The bsc network is super smooth and super cheap transaction fees Since I'm staying and no plans to sell, I might as well deposit all my XVS on the Venus platform, 13% APY, played around with the...
  11. johnarb

    DeFi - going bankless

    What a failure. Most of the BSC coins are down today (over 10%) so need to cash out of the profits before they disappear. Converted most of the Auto bought last night to BNB, the rest to Eth, will convert half of the XVS to Eth as well, that will give all profits left on XVS BNB is more for...
  12. johnarb

    Bitcoin Price Thread

    Hello Bitcoin btc $57K! :D
  13. johnarb

    DeFi - going bankless

    Just an update and fyi. I'm out of my BSCX position (2100 coins) and traded them all for another Binance Smart Chain token called AutoFarm (symbol auto). I couldn't find the TVL for BSCX, perhaps it's too new, but just to be safe, I traded to auto that has a listed TVL. Entry price to $auto...
  14. johnarb

    BNB

    Yea, I do not like it for long term use and as I said, I'm not yield farming on the BSC because I don't believe in it for the long term But in the same way I used Binance.com Coinbase.com, Poloniex, bittrex, Kucoin to make trades and acquire cryptos before DEXes, I'm forced to use BSC and BNB...
  15. johnarb

    BNB

    My only comment is you're switching back and forth between the DeFi of BSC and the Binance website Cakeswap and Venus are Defi. Please limit your feedback experience on Defi only. I have used cakeswap at least 30 times to acquire BNB, XVS, and BSCX and trade out of CAKE. Every single one of...
  16. johnarb

    BNB

    Your analysis of risk and yield relationship is actually incorrect Let me explain. Per my previous my post, yield is based on supply and demand of the crypto asset as measured in the available deposit and the demand for it. When the supply (deposits) of say Dai is less than 10% of due to...
  17. johnarb

    Bitcoin Price Thread

    I'm a big Taleb fan, but on his move selling bitcoin at this time, I do not agree with him. DiceAreCast was bragging he raised his Canadian electronic transfer limit to 10K CAD, dude can't even buy 0.15 btc, lmao :D #DiceAreCastIsPissPoorPeasant :vomit::vomit::vomit:
  18. johnarb

    Bitcoin Price Thread

    Hi Bitcoin btc $56K!
  19. johnarb

    Bitcoin Price Thread

    Are you salty for missing out on bitcoin? #HaveFunStayingPoor
  20. johnarb

    MasterCard to Support Crypto Payments Sometime This Year

    You can't create Tether out of thin air. You've been fed something that is not true. You need to deposit $1 to mint 1 USDT If you want to be like RedDuke believing that for several years now, be my guest :D Otherwise, be like smart money Fidelity, Guggenheim, Blackrock, Stone Ridge...
Back
Top