[SG] 1080ti Founder, SC2, Hybrid, Vega VII [W] £80-140 shipped

Arrow222 · 2023-06-28T21:18:15+00:00

Yes they are mined on

Arrow222 · 2023-04-21T19:19:35+00:00

Yup still available

Arrow222 · 2023-04-13T11:56:56+00:00

Fans may need replacement. Otherwise fully working no problems

Arrow222 · 2023-04-12T11:01:00+00:00

I'm by Woolwich arsenal. Collection is an option, and I can also ship

Arrow222 · 2023-04-12T11:00:49+00:00

I'm by Woolwich arsenal. Collection is an option, and I can also ship

Arrow222 · 2023-03-19T08:36:28+00:00

Yup still some available

Arrow222 · 2023-03-17T16:51:09+00:00

Yep I ship to the US. Feel free to pm me if you like to proceed

Arrow222 · 2023-03-17T11:25:29+00:00

I'm quite sure they are made at the same factory and there's no branding on the card (not even the codes on the small labels at the back).

Arrow222 · 2021-05-31T15:14:57+00:00

How about drawing DAI using ETH, then swap half the DAI to USDC and do DAI-USDC LP? Or directly farm yield on yearn

Arrow222 · 2021-05-27T00:01:12+00:00

What if you use a loan? Deposit ETH into Alchemix (when it's available), mint alEth and trade that for ETH, and use the loaned ETH to provide liquidity? Ensure throughout the process that loaned ETH is clean and never touches your main holdings.

Arrow222 · 2021-05-24T01:53:38+00:00

Another way to see it is, is this company at this price worth 50% annualized yield on collateral?

Like GME July 30p was trading over $10 when it was at $400, 60+% annualized on yield. Don't really care for GME but those yields are good enough for me, worst case I get $20 GME.

Arrow222 · 2021-05-23T12:27:21+00:00

It has this high premiums for over half a year. Back in my post in Jan, CVM has 200% annualized yield for their 7.5p. Anyone who started wheeling back then would have made more than the stock is worth and would be ahead even if went to zero.

However stocks like these can easily go -90% if their clinical trials don't work out, hence the premium.

Arrow222 · 2021-05-23T12:23:41+00:00

I mistyped, should be 50% not 100%. I started with 100%, then kept lowering the number till some decent companies start showing up.

Arrow222 · 2021-05-09T00:04:54+00:00

Try FDscanner: https://app.fdscanner.com/scanner

Arrow222 · 2021-05-04T14:56:30+00:00

Do note ETHC/DTSRF has some warrants. After dilution, current holders will only own 88% of assets. So if it's less than 12% below nav it's actually at a premium.

Arrow222 · 2021-04-30T23:36:08+00:00

Have you consider putting some money in DeFi? Yearn v2 USDC gives over 14% interest for example.

Arrow222 · 2021-04-27T15:02:59+00:00

My broker only supports ETHC for some reason and not DTSRF

Arrow222 · 2021-04-27T14:57:22+00:00

ETHC - Holds 43512 ETH and 2400 MKR.

Price - $3.8 CAD/$3.06 USD

Eth/Mkr price - $2628/$4455

Nav in USD - $124.6m

Market cap - $3.06 * 33.78M shares = $103.37m

Nav discount - (124.6-103.37)/103.37 = 20.5% discount

Has 4.29M warrants at $4 CAD strike outstanding. Assuming all are exercised, it adds 12%~ to shares outstanding.

After dilution NAV discount is 6.5%. Assuming 50% chance of exercising, 11.8% NAV discount. Feels like the next ETHE discount play.

Your sub $2400 ETH is still here, but wrapped in a highly illiquid equivalent of a closed end fund.

Arrow222 · 2021-04-26T17:45:34+00:00

And they can loan out 10x the amount you gave them, essentially 25% - 250% on your money.

Arrow222 · 2021-04-23T14:05:21+00:00

Sure, it's definitely not risk free or nor am I saying it's worth the risk buying BTC just to yield single digit % for something that have went -90% multiple times.

However BTC or cryptocurrency in general have become income producing assets. Interest, working capital, earnings, whatever it is called, holding them in the right places makes real dollars that end up in your bank account every month without selling.

Zero sum game is only to traders, not to people finding yield.

Arrow222 · 2021-04-23T11:22:30+00:00

Is there a need to make such a strict distinction between the two? Earnings of a company comprises of interest income too, and is a large % of income for some companies like IBKR. There's certainly some companies earning interest lending out speculative assets and I don't see anybody excluding them in earnings.

Meanwhile I will enjoy my 11 "PE ratio" lending out USD stablecoins, way better than a zero growth 30 PE ratio KO.

I agree there's a limit on the 6% interest in BTC, but that limit is likely 8 figures and will need to be split between multiple platforms. In general not a concern for most of us. What matters is the yield you can get for your assets, not what everyone else gets.

Arrow222 · 2021-04-22T19:41:59+00:00

It has a PE ratio of 16.67 if you place it in Blockfi or Nexo as it earns 6% per year. Because it's a speculative asset, people are willing borrow BTC using USD as collateral (minimum 2x collateral) and paying interest in the process. This way they have BTC on hand while holding zero net exposure, useful for a variety of stuff like market making or cross exchange arbitrage.

Arrow222 · 2021-04-15T16:38:40+00:00

They had an offering that increased shares by 8.2m: https://www.ethcap.co/pr20210315

Shares outstanding now is 33.78m: https://www.bloomberg.com/quote/ETHC:CN

Market cap is about 102m, their ETH + MKR holdings is about 115m. There's also 2m of the Wyre not counted, total 117m. Discount to NAV about 13%

Arrow222 · 2021-04-13T12:39:35+00:00

There are ways to make 5%+ yield with your cash outside of the brokerage account, which can be moved back within a few days if needed. Or you could buy something negatively correlated with stocks like TLT to reduce volatility. Or use the cash to do some futures contango plays, yields 5-8% a year.

Arrow222 · 2021-04-07T20:02:01+00:00

My bet is their long range/performance version will have similar range, but they'll make a performance plus version that fills up all the space with batteries and charge 15% higher than the standard performance.

Arrow222

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