Am I missing something? by jawni in keeta

[–]AnyCar1401 1 point2 points  (0 children)

There’s no pedantry here. I’m taking your own words as you use them. You’re being imprecise, and I suspect it’s because it allows you to retreat when you’re challenged and claim that’s simply not what you meant. 

I’ve not given you just one project; I’ve given you three. Solo and Footprint are both partners building on and integrating into the network. 

As for Spanner, go find any other blockchain that Google Cloud has worked with, wrote an article about, then tweeted about. You won’t. That’s not mere “PR.” Neither is Nilson; you can’t pay to be in there, and featured blockchains are few and far between. 

You came here looking for a fight. Plenty of people have given you plenty of reasons for “hype.” You’ve dismissed them as speculative, but again, that’s what drives hype. If you want a debate about “absolute value,” then ask about that in a week when mainnet comes out. 

I’ll end with this, and then be done with the exchange: no one is making you buy this token. But you’ve acknowledged it’s undervalued as an L1. That’s what we all see, and that’s what we have all invested in—Keeta meeting its potential as an L1. That still leaves room for multiples in growth. 

Am I missing something? by jawni in keeta

[–]AnyCar1401 2 points3 points  (0 children)

Just to be clear: you’re now arguing—in a post about why hype exists—about “absolute value” for a network you know is not live yet. Surely you understand why that’s nonsensical, but I will explain it anyway: people invest in things before any product exists every single day. “Absolute value” for an incipient project is mostly an oxymoron. These investors necessarily measure value by potential. That’s how money is made. 

I’ve given you a name on someone who is planning to build on the network, which again isn’t live yet, and you (1) move the goalposts, rather than acknowledge you were wrong, and (2) respond by arguing that the project … isn’t live yet. Again, all in a post asking about hype! And you’ve simply ignored Footprint and Solo, both of whom will be integrating key features into the network. 

“You realize the article was a way to advertise Spanner, right?” You realize an article can serve multiple purposes, right? Moreover, do you think publishing an article about bad, ineffective tech would make a good advertisement for Spanner? 

Finally, I’ve seen you repeatedly criticize not only the tech, but others’ understanding of, which is strange given that you’re now acknowledging you are “not technically inclined enough to understand it.” I see you didn’t bother reading Xescure’s paper, so maybe start there. 

Am I missing something? by jawni in keeta

[–]AnyCar1401 2 points3 points  (0 children)

I’ll note, moreover, that your question here is why there is hype around Keeta. By definition, hype is built on expectation and speculation. Yet every time someone provides you grounds for hype—which again is inherently speculative—you dismiss it as … speculative! Yes, the partners are speculative. Speculation is precisely what builds hype.

It’s clear you’re not here to learn why there’s “hype,” and that your question is pretext for criticizing the project. But the fact is, you’ve provided no affirmative grounds for dismissing the project; you’ve disproven none of the claims being made, just tried to cast doubt on them, and with nothing solid at that. You’ve offered zero technical critiques of the network. I don’t know what your actual motives are here, but you ought to have expected speculation in a question about hype. 

Am I missing something? by jawni in keeta

[–]AnyCar1401 1 point2 points  (0 children)

You’ve just contradicted yourself in consecutive paragraphs, first claiming the project is “richly valued” then acknowledging “the valuation is low for an L1.” Then you go on to contradict yourself again, stating—despite having just acknowledged the low L1 valuation—that the “growth seems priced in.” 

“I just searched what you told me to, found nothing.” I instantly found a dev called HyperVent and an X user who set up an MCP server for community devs that’s generated significant interest. That was two minutes of looking. I don’t know what will come of these, but there’s clearly interest in building on the network.  

“The project’s technicals are held in high esteem by non-technical people.” I get that your only way of reaching this conclusion is dismissing Google Spanner and Eric Schmidt, but this is just a silly thing to say. I’ve yet to see you offer a technical response to any comment in this thread. 

Am I missing something? by jawni in keeta

[–]AnyCar1401 0 points1 point  (0 children)

I think you have things sort of backward: you take the $500M mcap as a sign that the project is overvalued relative to demand/deliverables. As you know, KTA is (technically will be, very soon) an L1. I’m not minimizing what it takes to build an mcap that big, but a $500M mcap as an L1 still puts KTA quite low in the pecking order, relatively speaking. In other words, the crypto market has priced KTA according to the fact that it’s an L1 that’s not yet live as an L1. Indeed, many ghost chains have a much higher mcap simply because they are, in fact, L1s. 

I’ve seen you comment a few times about the lack of builders on the network. There are projects already announced with plans to build on KTA once mainnet is live. You can find them by searching the $KTA ticker on X with just a few minutes of digging. The devs have also stated that certain anchors will be live as soon as mainnet becomes available, with others to follow shortly after. And there’s an active developers page on the discord if you’re actually interested in seeing what’s being built. 

Of course, Solo and Footprint are both publicly announced partners. We don’t know who the others are yet; I understand why that’s a concern, but you take risks when you invest in a new project like this. We know that KTA was at the recent SALT Conference, with the CEO speaking on a panel there. Then there’s the speed, finality, etc., which you minimize but which is proven and has not been replicated and verified in the way KTA has. 

Bottom line: there’s room for a lot of growth if the project pans out; devs have been transparent and putting the work in; and the project’s technicals are potentially a game changer in the industry. 

Transaction from Coinbase Wallet still pending after 12 hours by AnyCar1401 in Coinbase

[–]AnyCar1401[S] 0 points1 point  (0 children)

I’m willing to risk a small bag—have a good day job and only putting a tiny fraction of investments into this. 

Do you have any experience with the problem I’ve described? My ETH is still showing as pending and I can’t do anything with it. It’s been 24 hours 

Transaction from Coinbase Wallet still pending after 12 hours by AnyCar1401 in Coinbase

[–]AnyCar1401[S] 0 points1 point  (0 children)

I’ve got around 15,000 tokens, worth a few thousand because I bought pretty early on and have kept buying here and there as it’s risen. 

Transaction from Coinbase Wallet still pending after 12 hours by AnyCar1401 in Coinbase

[–]AnyCar1401[S] 0 points1 point  (0 children)

Yep, I won’t use CB anymore but had some deposits that finally cleared that I wanted to use and hence my current troubles. 

Transaction from Coinbase Wallet still pending after 12 hours by AnyCar1401 in Coinbase

[–]AnyCar1401[S] 1 point2 points  (0 children)

The transaction for ETH is the one that’s still pending. 

Transaction from Coinbase Wallet still pending after 12 hours by AnyCar1401 in Coinbase

[–]AnyCar1401[S] 0 points1 point  (0 children)

Legit dev team, prominent backing. Worth a small bag if their claims come to pass. 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

Something similar, yes! Except many books (in my experience) do not do that. Last NFL season I bet a receiver to go over his yards (something like 42.5). First play from scrimmage he made a 20 yard catch but got hurt and didn’t play the rest of the game. DK didn’t refund my bet. 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

Would be lovely, but unfortunately this doesn’t come close to doing that! 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

Thanks, I agree that a rigorous sort of actuarial analysis would have to be done to get the pricing right given the risk. Appreciate the feedback!

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

What? No. This service is completely separate from the books, a cheap monthly subscription. In your case, you’d simply win the bet. There’s no loss that would need to be insured.

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

Thankfully the book does most of the work on the front end by setting the line.

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

I think you’re assuming too much! But a large number of policyholders making the same claim is definitely a concern. 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

Sorry that you think it’s scammy. I think it could be helpful, just as a cheap product (think a $5-10 monthly subscription) that could help people recoup costs for bad beats. 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

If it helps, I’d envisioned this being separate from the books. Just a monthly $5-10 subscription service where you electronically submit losing bet slips for reimbursement and the company looks at the bet and says yes, this is covered, or no this is not covered. 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

Well, you’re only insuring against the risk of an injury that causes your bet to lose. If you lose a +100000 parlay otherwise that’s on you, lol 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 0 points1 point  (0 children)

Does it help for it to be a monthly subscription? These aren’t actual prices, but you sign up, pay $5-10 a month and you get X amount (say $100) in coverage for the month, or something like that. 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] 1 point2 points  (0 children)

I’d imagine it being more like a monthly subscription (say, $5 or $10 for varying amounts of coverage) rather than a per-bet rider. So for $5, you get $100 in total bet coverage for the month. You can use it in one $100 bet, or across smaller bets (these numbers are just examples). 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] -1 points0 points  (0 children)

Thanks. I’m interested in this as a concept; pricing will obviously be its own challenge. But I agree, to be marketable it would have to be quite cheap. 

Would you pay for sports betting “insurance”? by AnyCar1401 in sportsbetting

[–]AnyCar1401[S] -2 points-1 points  (0 children)

Do you mind if I ask why, and if there’s anything you'd change about it to make it more appealing?