Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. GoodForAnother

    GoodForAnother a little bit of everything, all of the time
    Staff Donor TMB OG
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    Harrison Beck and like this.
  2. HuskerInMiami

    HuskerInMiami Well-Known Member
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    How much does it cost to start a coin?
     
  3. —

    Well-Known Member
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    But what if I want to take my likes off site and store them on my ledger hardware wallet?
     
  4. —

    Well-Known Member
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    Send me $500 and I’ll send you a guide
     
    Tug likes this.
  5. HuskerInMiami

    HuskerInMiami Well-Known Member
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    $200 for a link to the site posted?
     
    likes this.
  6. PaulKemp

    PaulKemp Well-Known Member
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    What if I want an NFT of a classic thread?
     
  7. —

    Well-Known Member
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    HuskerInMiami likes this.
  8. PaulKemp

    PaulKemp Well-Known Member
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    Using the thing I posted, it seemed virtually negligible in BNB
     
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  9. jorge

    jorge Founder of Post ITT if your team sucks
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    Yes yes ERC20 please
     
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  10. jorge

    jorge Founder of Post ITT if your team sucks
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    Then it can be $5 a like
     
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  11. HuskerInMiami

    HuskerInMiami Well-Known Member
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    You gotta make a coin that people can meme and hits a demographic that isn’t mostly incels, (like most crypto).

    2Pac coin. Put a pic of him on it. Cut his family in. Then also start a Biggie coin and we let them battle it out.

    In the end they both got to zero and die. But hopefully we can get rich in the process. Im losing my mind. Going to bed.
     
  12. jorge

    jorge Founder of Post ITT if your team sucks
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    the token is honestly the easy part. the harder part is doing tip bots and other infrastructure and teaching all our cro magnon friends how to use it
     
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  13. HuskerInMiami

    HuskerInMiami Well-Known Member
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    I need it to be $200/like so I’m all even with —
     
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  14. PaulKemp

    PaulKemp Well-Known Member
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    Nice. I actually have the opposite problem as you; there are virtually zero other units in my area, so I assume I'd be scaling cell towers to get basic coverage going. Maybe that's a better problem.

    I initially and still really like the application of this tech in rural areas. The farmers are all really banking on Starlink being the ultimate solution, but well-positioned hardware relaying Longfi, 5G, and WiFi over square miles could really change the game for them...This of course assumes it all works as intended. But it makes sense -- I remember people fucking around with receivers to do this sort of thing to create free neighborhood internet back in the day. The ISPs eventually shut them down if I recall correctly, so maybe this has a similar end idk.
     
  15. jorge

    jorge Founder of Post ITT if your team sucks
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    I considered starting a wireless ISP in my mom's hometown a few years ago. It's a wealthy area with lots of summer homes. I may just put a few of these around town instead.

    We'll see how it goes in my area. Its very high density, so I'm very concerned other units pop up within my 200m. Going to put one one in the area above, one in my apartment and one in my hometown and see how it goes. I'm already in the mining business so this seems like a good fit.

    I think Starlink will be successful but I think terrestrial internet probably isn't done for a long time.
     
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  16. jorge

    jorge Founder of Post ITT if your team sucks
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    Kinda wishing i got the larger antenna for my hometown though, but we'll call this a POC phase.
     
  17. HuskerInMiami

    HuskerInMiami Well-Known Member
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    What are you guys talking about? I have access to many sites across the county. I was working w Waze for beacons in downtown and the tunnels /parking garages.
     
    PaulKemp and like this.
  18. —

    Well-Known Member
    Donor

    So what are you guys talking about? A decentralized network that random people can pay to access?

    almost like a version of what spectrum has in most cities where their subscribers can log in with their account credentials (but obviously less shitty because it’s not spectrum of course)
     
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  19. jorge

    jorge Founder of Post ITT if your team sucks
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    Helium mining. You provide internet with specialized devices and they generate you tokens with a “proof of coverage” algorithm.

    That may not be exactly right but it’s it in a nutshell
     
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  20. PaulKemp

    PaulKemp Well-Known Member
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    Right. And that's why it's awesome and somewhat dangerous at the same time, imo. ISPs are starting to bake in public access borrowing from your bandwidth without any sort of incentivization. Helium is paying you for granting access to your network and asking you to pick up some hardware that extends the coverage big time. Right now it's only for IOT devices, but they're moving into 5G and WiFi. I expect this will piss some big companies off -- but maybe it works. The project has massive capital behind it, so I'm sure there is an overlap in interest
     
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  21. jorge

    jorge Founder of Post ITT if your team sucks
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    This is a good time for a PSA to disable Amazon Sidewalk or whatever they call it on your devices.

    Also keep calm and pay those gas fees
     
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  22. —

    Well-Known Member
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    Damn I remember seeing helium in the past. Pretty cool.
     
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  23. PaulKemp

    PaulKemp Well-Known Member
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    The first webinar I watched from them talking about their vision a couple of months ago was from 2017. It's changed quite a bit (Edit: oct 2018. they led with bike route analysis. double edit: you don't need to watch this )

    Fun fact of the day: YouTube started off as a video dating app. The founders were offering to pay chicks on Craigslist to make videos in the early days. Memers took over, they pivoted, and boom... YouTube.
     
    #14273 PaulKemp, Apr 29, 2021
    Last edited: Apr 29, 2021
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  24. DriveByBBQ

    DriveByBBQ Well-Known Member
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    Just found my MacBook I used to mine bitcoin back around 2012. Hard drive is “fried”. Please advise.
     
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  25. PaulKemp

    PaulKemp Well-Known Member
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    Also if anyone likes the idea of buying HNT... I haven't seen any TA that suggests it's going to go silly like tomorrow. Chances are BTC will shit its pants as usual and give you a cheaper entry at some point
     
  26. jorge

    jorge Founder of Post ITT if your team sucks
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    If you think you have anything I would probably take that to a professional for data recovery. Or you could send it to me.
     
  27. jorge

    jorge Founder of Post ITT if your team sucks
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    Penn State Nittany Lions

    Also i crack wallets but YMMV.
     
    likes this.
  28. Pharoh

    Pharoh king tuttchdown
    South Carolina GamecocksAtlanta BravesLos Angeles LakersTennessee Titans

    Where can I buy this?
     
  29. Whammy

    Whammy Look kids, Parliament!
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    Cardano founder is very mad
     
  30. FourClover01

    Donor

    Something something, wet pigeon.

    I like a little aggressiveness with the creator of my favorite coin. Now hopefully he calls out Jake Paul and we might get some more exposure.
     
    seanofthedead86 likes this.
  31. PSU12

    PSU12 The Grand Experiment
    Penn State Nittany LionsBaltimore OriolesPittsburgh Steelers

    I had a bit of a chuckle when I read the huge anticipated Africa deal changing the world as attendance keeping and a way to store kids school grades
     
    jorge and like this.
  32. —

    Well-Known Member
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    Got on KuCoin for the first time in years. Holy shit it’s wild
     
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  33. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    The way they encourage 100x leverage is nuts.
     
  34. jorge

    jorge Founder of Post ITT if your team sucks
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    yeah the number of exchanges that gamify that kind of risk is crazy
     
    Tug likes this.
  35. jorge

    jorge Founder of Post ITT if your team sucks
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    i saw in a discord group some guy bragging that he bought a ton of 75x leveraged BNB/USDT and i don't think he understood at all what he was doing from the context
     
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  36. construxboy

    construxboy xenForo is the new TMB
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    What could ever go wrong?
     
    jorge likes this.
  37. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Hopefully he staked it? Probably a good move if he did.
     
  38. jorge

    jorge Founder of Post ITT if your team sucks
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    Penn State Nittany Lions

    Perhaps but i don't think he really under stood anything other than BNB go brr
     
  39. PSU12

    PSU12 The Grand Experiment
    Penn State Nittany LionsBaltimore OriolesPittsburgh Steelers

    Can someone explain what it means if I buy something with 100x leverage?

    I don’t intend to, I just don’t know what it means.
     
  40. PaulKemp

    PaulKemp Well-Known Member
    Donor TMB OG

    binance.us has it
     
  41. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    If you put in $100, they loan you the rest of $10,000 of whatever you buy
     
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  42. PSU12

    PSU12 The Grand Experiment
    Penn State Nittany LionsBaltimore OriolesPittsburgh Steelers

    Lol

    so my one buddy texts our group and says “I made a 100x leveraged BTC trade” a couple weeks ago and basically explained it like “I make 1000x if it goes up 10% but if it goes below 60k/coin I just lose my initial investment” it sounded like bullshit but I didn’t know any better so I’m assuming he lost a lot.

    Are there limits you can set for those trades for where you will get liquidated if it drops below?
     
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  43. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Liquidation: A forced liquidation will be triggered when the mark price of your holding assets and debt assets changes resulting in the debt ratio reaching 97%. All the assets you hold at the margin account will be sold as the debt assets to repay all the debts.

    If it goes down 3% they will take it all back. Or if he has more holdings they will take that when he reaches that debt ratio.
     
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  44. jorge

    jorge Founder of Post ITT if your team sucks
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    So this guy likely lost money?
     
  45. HuskerInMiami

    HuskerInMiami Well-Known Member
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    If he bought at 60k like he said, he would have been liquidated and lost everything he had pretty soon after.
     
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  46. —

    Well-Known Member
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    Trying to unwrap some eth and my god it’s annoying as shit and gas fees high which is more annoying. Basically saying I need to buy more eth to unwrap my eth but really I am going to have much more eth than the gas fee after the unwrapping but I need to buy more beforehand because all this shit is annoying as hell.
     
  47. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Yes thats a tough lesson to learn. Always keep some ETH for gas. I don't go below like $500 worth in my wallet.
     
  48. PaulKemp

    PaulKemp Well-Known Member
    Donor TMB OG

    I get the temptation though if I understand this all correctly. Let's say I open a KuCoin futures account but have all my actual holdings elsewhere. Deposit small amounts at a time purely as a gamble play. Say $100 on 100x. If I guess right on the direction and am ready to hit the sell button as I'm watching, I can get a big win. Worst case, KuCoin takes that $100 if it moves in the wrong direction a small amount.

    I think Pancake Swap just opened something even more gamified from a marketing perspective called Prediction where you bet on the direction of BNB over 5min intervals.
     
  49. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    I'm sure they have policies in place to keep you from doing that. Say you 100x leveraged $100 and lost to to here they liquidated at 97% debt ratio.

    They liquidate you when value hits $9603, but you borrowed $9900, so you owe them $297, they won't let you just re-up and do it again while you have a negative balance.
     
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