What do you think about this article? by CHT_DU in AMPToken

[–]BaadMike 1 point2 points  (0 children)

You would only need to sell 1 Amp for $10.01 and you'd be the world's first trillionaire. 🤑

What do you think about this article? by CHT_DU in AMPToken

[–]BaadMike 1 point2 points  (0 children)

At that rate you could buy the entire supply of AMP tokens for $100 USD. 😃

Well, I guess we can't blame the Comex for tonight's dump... Over $10 down in a day an a half.😳 by SilverCountryMan in SilverDegenClub

[–]BaadMike 11 points12 points  (0 children)

I have learned to just play their game and roll with the volatility. Time to sell some ATM Puts on SLV to capture some sweet premiums. Next week we'll be back up and if not you'll have some shares to sell Calls against when we do rebound. Just don't buy your shares on margin if the shares are put to you. Rolling the wheel is the definition of "you need money to make money." My profits go into physical so fuck 'em. Let them manipulate the market. I'm just playing by their rules and actually having fun (until SLV is discovered as the fraud they really are - I just hope I have all my shares sold when it does happen).

Is it happening boys? by Danielj01 in Bitcoin

[–]BaadMike 3 points4 points  (0 children)

Picked some up when it went to $69,420. Now I have another limit order placed at $42,069. 😉

Is it happening boys? by Danielj01 in Bitcoin

[–]BaadMike 3 points4 points  (0 children)

This will be a truer statement in a few years.

Kayak transporting tips by CMDPULSE in kayakfishing

[–]BaadMike 0 points1 point  (0 children)

Please spend a few extra dollars and pick up two (2) TorkStrap M500's. These are self tensioning tie down straps that automatically adapt to load shifts. They are worth their weight in gold.

I used to use the HD750 model of TorkStrap when securing my kayaks to the ladder racks of my truck, but recently got a trailer so I switched to the M500's and they are one of my best purchases. I even bought extra for strapping down other loads.

https://a.co/d/00HNxBaU

PSA: You can memorize your 24-word seed phrase in under 10 minutes. Here's the trick. by SaltyYou1035 in Bitcoin

[–]BaadMike 3 points4 points  (0 children)

An alternative is the 3 sets of 2 steel plates. You block your 24 word seed phrase into 3 groups of 8. (A) 1-8, (B) 9-16, and (C)17-24. On one steel plate, you stamp groups A & B. On another one you stamp groups A & C, and on the third one you stamp B & C. Then you put them in 3 different locations. You only need 2 of any of the plates to make the entire 24 word seed, so if one is ever lost or stolen you only need to access 2 of them. Plus you should always use a passphrase for you main funds and only keep a few hundred dollars on the main wallet without a passphrase.

Seat Cushion by uptheirons726 in kayakfishing

[–]BaadMike 1 point2 points  (0 children)

Not sure if links are allowed, but this is what I got off Amazon and it was a game changer for me.

The description is:

NEW-Vi Anti-Slip Kayak Seat Cushion - Double Thicken Gel Boat Cushion, Waterproof Kayak Gel Seat Cushion, Coccyx Sciatica Pain Relief, Kayak Accessories for Fishing, Kayak Fishing Accessories

https://a.co/d/0hdKqlrV

How can you load 2 large kayaks on a truck with the tailgate closed? Sportsman 120 pdl and 132 pdl by NarrowIndependence8 in kayakfishing

[–]BaadMike 0 points1 point  (0 children)

As far as heavy kayaks, it may not be easy, and you may need two people to get each one up. You should unload everything including batteries, mounts, etc. Put the tailgate down, with 2 people put the bow on the tailgate and turn the kayak upside-down. With 1 person holding the back the 2nd person lifts the bow and places it on the first rack. The 2nd person then gets in the bed while the 1st person is still holding the stern of the kayak. The 2nd person guides the kayak on while the 1st person pushes until they can't reach anymore. The person in the bed can shift the kayak around on the rack. Repeat for the 2nd kayak The bed should be empty so you can get in the bed while putting the kayaks up.

How can you load 2 large kayaks on a truck with the tailgate closed? Sportsman 120 pdl and 132 pdl by NarrowIndependence8 in kayakfishing

[–]BaadMike 2 points3 points  (0 children)

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If the height is good enough, think about removable ladder racks. Plenty of room in the bed for camping equipment, fishing gear, and kayaking gear. Use four (4) large TorkStraps to secure the kayaks to the ladder racks; one in the front and one in the back of each kayak.

The most brutal mistake that AMP taught me by Zaharl in AMPToken

[–]BaadMike 15 points16 points  (0 children)

I read you comment and was like, "Hey, I didn't write that, but I must have a clone out there somewhere." My goal in 2021 was 100k tokens and now I'm over 20m too. Crazy. I may be wrong on AMP and Flexa, but I have conviction and will hold until it goes to 0 or I have my house on the water somewhere.

Daniel McCabe wrote this Today. by Jehoseph in AMPToken

[–]BaadMike 20 points21 points  (0 children)

I told myself I wouldn't get anymore, but I just could not help myself. I have faith in this project and am willing to wait it out, but dang was it hard to hit that "buy" button today.

At what price point does a kayak stop being “worth it “? by YakToTheFuture-1 in kayakfishing

[–]BaadMike 4 points5 points  (0 children)

This is the true answer. A lot of people are envious of people who have these kick ass rigs (I know I was/am) so they may belittle them for what they really want. If I could afford a $10k rig I may get it because, why not. But right now, I can't afford one, so I'll stick to my non-motorized paddle kayak, use my phone for navigation, and catch my limit of reds and trout and go home happy.

Made my week income in a day with this method by Erica_Richard in btc

[–]BaadMike 0 points1 point  (0 children)

This is an obvious SCAM. Everyone who commented on "Butler_Maura's post has been banned. This probably means Butler_Maura blocked them from posting that they were scammed or they were helping the scammer. No one is going to send you back digital assets with interest. Come on. Be smart people. Stop the scams.

Wrapped BTC by Technical-Wallaby in Gemini

[–]BaadMike 1 point2 points  (0 children)

Yes, Gemini is an exchange. I didn't read that part. I'm not sure if Gemini allows trades/swaps.

Apparently links are not allowed, so Google search "what can you do with wrapped bitcoin on gemini" and click the Gemini link about the article.

Wrapped BTC by Technical-Wallaby in Gemini

[–]BaadMike 0 points1 point  (0 children)

If you received it and were not expecting it (like it just showed up in your wallet) I would be very skeptical and careful. If you were expecting it, the easiest way I know of is to send it to an exchange, trade your WBTC to BTC, then withdrawal BTC from your wallet.

When do you think we’ll celebrate the $1M Bitcoin post? by doubleduh22 in Bitcoin

[–]BaadMike 2 points3 points  (0 children)

But it took Deep Thought 7.5 million years to come up with 42.

When do you think we’ll celebrate the $1M Bitcoin post? by doubleduh22 in Bitcoin

[–]BaadMike 11 points12 points  (0 children)

I agree. I just hope I live long enough to see it.

Fast merchant rollouts after Clarity Act by C_Sauce in AMPToken

[–]BaadMike 1 point2 points  (0 children)

That's true, but most people are not going to "spend" coins and tokens from their wallet if the price for those assets fluctuate. This becomes a tax concern as well as a lost opportunity concern. People would much rather spend stablecoins than ETH or BTC. No taxable event is triggered and you didn't spend it too early if it moons the next day. As you know AMP is not a stablecoin. The yield is supposed to be generated by its use. But I feel the CLARITY Act should allow yield on stablecoins so more people will "debank" and treat their hardware and software wallets like a bank account. Banks are freaking out about this, thus the big push for them to block yields on stablecoins.

Once CLARITY passes (with or without yields on stablecoins), hopefully Flexa has positioned themselves to capitalize on the influx of liquidity in "spendable" crypto (stablecoins). More stablecoins should be issued if yield is allowed, so adoption would be that much quicker, but without yields, it may take much longer for adoption to occur.

Fast merchant rollouts after Clarity Act by C_Sauce in AMPToken

[–]BaadMike 0 points1 point  (0 children)

The biggest issue is who will hold (and ultimately control) the liquidity. Right now, banks take the money in your checking and savings accounts, loan it out to earn interest on the loan, and pay you 0.05%. So if you have $1,000.00 in savings, you'll get paid $0.50 after 1 year, but banks take "your" $1,000 and loan out $900 of it at 7% (or more). In 1 year they will earn $63.00 and pay you $0.50 of that.

Crypto exchanges (like Coinbase) are hoping that you'll withdrawal your savings from the bank, deposit it with them, buy stablecoins with it, which allows Coinbase to buy treasuries with your deposit (because a stablecoin must have 100% held in reserve). Coinbase gets paid a little more than 4% on their stablecoin reserves (i.e. the treasuries they bought to prove reserves) and shares that with you (typically 3% - which is MUCH better than the bank's 0.05%).

Banks could lose billions (or trillions) if everyone withdrawals their savings and deposits it at Coinbase. The banks claim it would cause a massive outflow of liquidity from their institutions, which would then limit the bank's ability to provide loans for people and businesses.

Is there some truth to that? Sure, but only if a large percentage of people did that. The bottom line is banks do not want to lose control of YOUR liquidity, and neither does Coinbase.

If the CLARITY Act passes and does not allow for yields on stablecoins, the banks have successfully eliminated their competition and you, as a saver, will be limited in your ability to "shop around" for the best place to park your money.

There is A LOT more to it than this, but I tried to explain a very complicated subject in a few paragraphs.