Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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James
Ahn'Qiraj Raider
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Told the wife I found some coins that seem like a huge scam, so I bought into one: https://app.fairtokenproject.com/
Lots of these meme coins have reflections, where when anyone trades the coin a portion is cut from that trade and given back to holders. These have reflections in ETH, so I'm accruing ETH just by holding these coins. I've got about 0.3% of $DIAMND right now, it's accrued 0.04 ETH since last night.
Lots of these meme coins have reflections, where when anyone trades the coin a portion is cut from that trade and given back to holders. These have reflections in ETH, so I'm accruing ETH just by holding these coins. I've got about 0.3% of $DIAMND right now, it's accrued 0.04 ETH since last night.
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Flobee
Vyemm Raider
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Found this today and thought it was worth sharing. Site tracks various investments and currencies priced in Bitcoin.
It all trends toward 0 on longer timescales.
It all trends toward 0 on longer timescales.
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James
Ahn'Qiraj Raider
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Right? I'm still trying to figure out how they're doing it because it seems like such a huge scam despite the fact that I've verified I can withdraw the ETH already, but I guess the lesson I've learned here is that the scammier it seems, the more likely it is to have people buy into it - which helps explain BTC price tbh.
EDIT: 290 billion tokens gave me .071 ETH over the last 24 hours and is based on trading volume.
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Rangoth
Blackwing Lair Raider
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I literally do not understand this coin you are talking about or how you got it….but id say take the win and transfer that shit.
James
Ahn'Qiraj Raider
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I only really fuck around with Uniswap these days, so that's where everything is, just load up dextools and search for the ticker: DEXTools.io
Chart looks so good on top of these ETH reflections, perfecto.
Chart looks so good on top of these ETH reflections, perfecto.
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Tmac
Adventurer
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James
Ahn'Qiraj Raider
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You can use Uniswap (trustless, permissionless) to swap between two ERC-20 tokens. Some meme ERC-20 tokens have rules in place where say 10% of the transaction gets "taxed" and redistributed, usually to a burn address and to token holders in proportional amounts, which is usually used to drive some sort of deflationary tokenomics factor for why you should buy this meme coin -- just wait and it's programmed that you'll get your money back eventually. This ERC-20 token has rules that allow it to collect and redistribute ETH from transactions, and I'm not quite sure how. There might be some sort of buyback mechanic at play, and the tax on this one is pretty steep, but shoot the gains are fuckin real and I'm a total Uniswamp degen now.
EDIT: Another thing this project is doing is using Flashbots to circumvent broadcasting transactions to the network, so if you'll recall that frontrunning example I showed a bit back you won't see that on these charts. That also means the volume on this is much more "real" than a lot of these other meme coins that get frontrun on just about every transaction.
EDIT: Another thing this project is doing is using Flashbots to circumvent broadcasting transactions to the network, so if you'll recall that frontrunning example I showed a bit back you won't see that on these charts. That also means the volume on this is much more "real" than a lot of these other meme coins that get frontrun on just about every transaction.
Caliane
Avatar of War Slayer
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Casey's last few video's are very down on the future of crypto.
Specifically, she's extremely negative on Tether. house of cards, built on shady as fuck Tether. "tether accounts for over 50% of Bitcoins growth in the last bullrun. but is not backed by any real money."
Specifically, she's extremely negative on Tether. house of cards, built on shady as fuck Tether. "tether accounts for over 50% of Bitcoins growth in the last bullrun. but is not backed by any real money."
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fanaskin
Well known agitator
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Malaysian police destroy 1,069 bitcoin mining rigs with steamroller
Malaysian cops seized and destroyed 1,069 bitcoin mining rigs by crushing them with a steamroller — after the miners allegedly siphoned off almost $2 million worth of electricity to power the…
nypost.com
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Arden
Blackwing Lair Raider
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These are pretty much must-see for anyone in crypto. Great vids.
Also, you missed a really important distinction. She is very much down on the "short term" future of crypto and still very bullish about the long-term future.
Jive Turkey
Karen
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This slow bitcoin bleed reminds me of the technique I used to steal from my parents' liquor cabinet in high school
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Arden
Blackwing Lair Raider
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That's a great comparison. We used to replace the liquor we took with water to keep the levels up. It worked until the bourbon was about 50% water.
Also: Yellen urges federal agencies to 'act quickly' on stablecoin regulation
As usual, Casey is on top of shit. The stable coin issue may cause the next total market crash and Yellen knows it.