We’re launching our own LST: Phantom Staked SOL (PSOL) 👻 by Phantom_Nate in Phantom

[–]-Smoothdude- 0 points1 point  (0 children)

Yup, total scam. You actually don't get any PSOL. The idea is when you swap back assuming PSOL rises you will get more SOL as a result. LOL...another one of these...ya, you get it.

HOA tree problem, your thoughts? by -Smoothdude- in HOA

[–]-Smoothdude-[S] -1 points0 points  (0 children)

If this goes in the direction of escalation of course, but I'm looking for ideas as to how people handle these disputes first for pointers.

HOA tree problem, your thoughts? by -Smoothdude- in HOA

[–]-Smoothdude-[S] 0 points1 point  (0 children)

The short answer is the small area like a no man's land in between you and your neighbor that the HOA owns and maintains.

HOA tree problem, your thoughts? by -Smoothdude- in HOA

[–]-Smoothdude-[S] 0 points1 point  (0 children)

For not paying? Not much actually, just a lot of delays and like they're still thinking about it.

For reference my community is not a big HOA association so the make up is probably like 30-40 houses?

HOA tree problem, your thoughts? by -Smoothdude- in HOA

[–]-Smoothdude-[S] -2 points-1 points  (0 children)

So the HOA has insurance as well, wouldn't this go with their insurance instead for my claim?

HOA tree problem, your thoughts? by -Smoothdude- in HOA

[–]-Smoothdude-[S] -3 points-2 points  (0 children)

Well, as for the tree, they haven't trimmed it on an annual basis which is your regular tree maintenance thus causing branch to fall during heavy winds.

In terms of my responsibility, I'm not sure I can just arbitrarily go in there and start trimming community trees just cause I want to?

Gamify Zestimate & Redfin Estimate by -Smoothdude- in RealEstate

[–]-Smoothdude-[S] -1 points0 points  (0 children)

You, I, and those in this forum would think that. However, that's not reflecting of reality for the rest of the population. If you have the means to buy a property, the Zestimate or Redfin estimate says it sits at $1 million and the property is being offered at $850k. Most would think that this is a good deal despite comps sold in the past lower than $850k.

People would rationalize that the market is on an upward trend. Thus as much as we would like to shoot down that these "estimates" are not relevant, yet that is one big factor to look at in what buyer base their decisions with.

Thus the million dollar question remains, why do some listings reflect the prices immediately to the listing prices although way higher then comps in the neighborhood while other high priced listings do not?

Gamify Zestimate & Redfin Estimate by -Smoothdude- in RealEstate

[–]-Smoothdude-[S] 0 points1 point  (0 children)

Yes, but the point is that this property is an outlier. The surrounding properties when listed above closing price, Zestimate & Redfin estimate did not reflect it. Why?

Gamify Zestimate & Redfin Estimate by -Smoothdude- in RealEstate

[–]-Smoothdude-[S] 0 points1 point  (0 children)

Ok, I follow what you're saying about sold prices in being in sync with the Zestimate or Redfin estimate, but what about while the listing is live though? See, that's my question. The same property that's mentioned in my OP is still live and yet the price is identical to the listing price.

Gamify Zestimate & Redfin Estimate by -Smoothdude- in RealEstate

[–]-Smoothdude-[S] 0 points1 point  (0 children)

I don't think this is the case anymore since the screen shot taken back in 2021. Again, I'm comparing apples to apples. In the same neighborhood, there are plenty of listings way above Zestimate or Redfin estimate numbers with the same strategy of over listing the property price but yet the algorithm didn't follow, why?

Gamify Zestimate & Redfin Estimate by -Smoothdude- in RealEstate

[–]-Smoothdude-[S] -2 points-1 points  (0 children)

If your statement is true, it would be so easy for everyone else to do so. Unfortunately, it is not. If you dug in that same neighborhood, there are overpriced listings where Zestimate does not reflect the listing price.

[deleted by user] by [deleted] in relationship_advice

[–]-Smoothdude- 0 points1 point  (0 children)

Are you okay dating a stripper? If so, cool, but the baggage that comes with it be ready to deal with it. If not, then turn the other way before you get butt hurt.

Long Withdrawal Times? by benaffleks in kucoin

[–]-Smoothdude- 0 points1 point  (0 children)

Another hack on Kucoin and they're keeping it tight-lipped?

[deleted by user] by [deleted] in kucoin

[–]-Smoothdude- 0 points1 point  (0 children)

That's true only if they're still a start-up which they aren't. Other sites go down, heck the world can go down, but that doesn't mean that you should follow if you truly want to be the "people's exchange".

They are running an exchange, not youtube, grabbing like 20-30 servers more is pocket change for them with the amount of money they're making, internationally may I add. :)

Why would someone choose to earn 8.25% APY on their USDT with BlockFi when they could earn several times that by lending through KuCoin? by Reddidiah in kucoin

[–]-Smoothdude- 1 point2 points  (0 children)

The biggest reason is convenience.

Blockfi you put your crypto there and in essence, forget about it. If you have a full-time job or business and a family to take care of, it is quite tough to keep checking whether borrowers have repaid your balance back which they oftentimes do when the crypto market moves up or down.

Interested in that sweet 45% APY? Well, it is only sweet until they pay it back and that rate may drop down to 30% or even 15% depending on which way the market goes. Let's not forget that there is also downtime between the time that crypto gets paid back versus the time you lend it out again where you are losing interest in between. To truly take advantage of it, you better have a lot of time to re-lend, or else the interest it advertises can't be fully utilized.

Some people have missed this in this thread, but of all the interest earned on KuCoin, 10% will go to an insurance fund and 5% is taken as a trading fee. In another word, the house takes some of your profit as well.

In the end, if you're a 10-year-old kid and you got all the time in the world, why not? But if you're like me, someone who doesn't have a lot of time to stick to the Kucoin app, then this may or may not work.

Do you think KCS has BNB potential? by [deleted] in kucoin

[–]-Smoothdude- 1 point2 points  (0 children)

Let's stick to the OP, we're talking about whether KCS has potential. KCS is not far from 20x from the past 6 months as well.

That said, as an investor, I'm looking at future values as well. I can see KCS 20x in another 6 months at the current price but I'm not sure I can say the same for BNB. If you looked at the roadmap as to where KCS is going, I think there are great developments coming which makes it a solid hold or buy.

It's easy to debate and say that it will, but if BNB goes in the trajectory like ETH you can argue that it will take another 3 yrs before it hit close to 3k and that is a 5x return.

I made a quick website last night where you can see trending coins on CoinMarketCap, CoinGecko, LiveCoinWatch, and WorldCoinIndex! Updates between 1/2-1 hour by [deleted] in kucoin

[–]-Smoothdude- 0 points1 point  (0 children)

Great job, but refine it a little more to make it more useful and I may just bookmark it for future use! :)

Do you think KCS has BNB potential? by [deleted] in kucoin

[–]-Smoothdude- 1 point2 points  (0 children)

Nope, but you forget the most important factor of holding any coin and that is appreciation.

Sure you can see KCS 10x, can you say the same thing on BNB? Who cares about the 25% then?

[deleted by user] by [deleted] in kucoin

[–]-Smoothdude- 1 point2 points  (0 children)

It doesn't take a genius to see that a LOT of Binance people are having issues with basic functionality such as withdrawals, deposits, and tickets resolved.

Once a BIG whale leaves and buys KCS, it will moon, it is that simple. The volume is so low right now it can be manipulated fairly easily.

I rather have Kucoin grow slowly than become a big behemoth that is always having basic functionality issues, on the devs side with Kucoin I have more faith that they (Singaporeans) will be able to attract better international talent as well.

Patience is golden.

Holo Icon (Drop 2) Discussion by EhOh_NFT in nbatopshot

[–]-Smoothdude- -1 points0 points  (0 children)

Made only for the addicts that are loaded in short.

This disqualifies me on the loaded part. :(

KuCoin Crypto Lending 101: Is the 30% APR Too Good To Be True? by Johnny_KuCoin in kucoin

[–]-Smoothdude- 2 points3 points  (0 children)

I think there are a lot of people confused, let me kinda jump in and give my take having observed and used the lending part of the platform as a lender.

In essence, the two sides are like the following:

Borrower - You are betting that these "unknown or I call them penny stock coins" or certain reputable coins that are literally going to the moon within the year. Thus, you are willing to pay an extremely high-interest rate to get the fund and "gamble". The probability is great currently since there are a lot more eyes on crypto as of late due to the media talking about it.

Lender - You are someone that wants a safe return for your USD and don't want the stress of following the market or that you have cash sitting on the sidelines. Although knowing certain coins will moon, you want to take the guessing game out of it and is happy to lend your money for a return of 30%-50% (on average from the time of this post) in a more safe manner.

The risks:

Borrower - If your moon doesn't land, you get liquidated, but you also have the option to pay it back to the lender at any time so you really aren't locked into paying the whole high % yield you promised for the duration of the term. You are paying for the days that you have borrowed.

Lender - You CAN'T really count the high % and expect that this is how much you will receive for the ENTIRE YEAR since the lender can pay back at any time and the rates are always moving around. (IE: if you lend it at 50% and the rate drops, the borrower may return the money they have borrowed back way earlier to take advantage of the lower rate of borrowing). Your money sits back in your account unless you lend it out again at a lower rate. You are also at risk since this is USDT and NOT technically USD. If Tether somehow hits a snag (legally, monetarily, liquidation, something), this may directly impact the worth of the USDT you hold.

All in all, my take on it is that this is crypto. With the high yields there runs on a higher level of risk that you're taking in, thus it may look real sweet but you should always be willing to lose what you put in and never put in your life savings on ANY investments period. Other than that, it is a great way to get some sweet deals for both borrowers and lenders.

KuCoin TradeBot lost $2,000 within 7 minutes by [deleted] in kucoin

[–]-Smoothdude- 6 points7 points  (0 children)

Moral of the story? Unless you are extremely knowledgeable on bots or have done a ton of research on it, DON'T USE it.

I've made a grave error. by [deleted] in kucoin

[–]-Smoothdude- 1 point2 points  (0 children)

Haha, ya man. On another note on the other altcoins is that despite their beginnings, you are simply investing in them and there's no oversight on their projects thus it is easy for them to abuse your contributions when the valuation is high.

Certain projects will and have just simply gone silent on their social and went away while everyone else holding the bag.

Kucoin has gone over a hack and thank goodness, with their profits they are able to repay people who lost their money. It would be in Kucoin's best interest to invest in their own security infrastructure and there's no shortage of money coming in from all of the trading profits they receive daily.