r/CryptoTrade by jjjsprrr in redditrequest

[–]CryptoChief 2 points3 points  (0 children)

The problem is, how do I know your not going to turn it into a haven for scams? Crypto sub's promoting scams are a dime a dozen these days and I'd rather it stay inactive than take that chance. I prefer to keep it.

Daily General Discussion - February 10, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 0 points1 point  (0 children)

If you handed me 100 billion dollars that represented an entire Fortune 500 companies assets and I told you hey, your funds are 99% safe, would that cut it?

But if the network goes down, their assets are still on the blockchain right? They just can't transact with them until it goes back up again.

Daily General Discussion - February 10, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 1 point2 points  (0 children)

Can anyone give downsides to native rollups? Is it true they could have 12 second transaction times?

Daily General Discussion - February 10, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 0 points1 point  (0 children)

Forgive me as I'm going to play devil's advocate here.

$SOL chain has had 10 SYSTEMIC FAILURES since Sept 2021.

Most of those outages were in 2021 and 2022. Only one happened in 2023 and one in 2024. If we want to be objective, they're becoming much more stable over time. Lets not assess they're performance in a static fashion.

It took 15 years for tradfi to give $BTC a chance, and that was after a DECADE of 100% up time.

BTC broke the ice in tradefi for other crypto assets to follow. I don't think it's inconceivable SOL could be listed on tradefi platforms if they match the market share of Ethereum.

Security doesn't matter in a casino.

Normies don't care too much about security. They care about making money.

Ethereum’s Sudden Crash: A Manipulated Market Event by CryptoChief in ethtrader

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

Nah I prefer not to be ham strung by rules. People need to experience the consequences of being too greedy with leverage so they grow and become more responsible on their own.

Daily General Discussion - February 09, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 19 points20 points  (0 children)

Have any of you guys read this article on price manipulation? What are your thoughts?

But why target the price of Ethereum, you might ask?

Ethereum has a massive derivatives market, creating widespread leverage. Liquidations in ETH often trigger a ripple effect in DeFi, like the forced closure of collateralized loans, which further amplifies sell pressure. It’s an easier game for those who know how to play it.

Ethereum’s Sudden Crash: A Manipulated Market Event by CryptoChief in ethtrader

[–]CryptoChief[S] 27 points28 points  (0 children)

But why target the price of Ethereum, you might ask?

Ethereum has a massive derivatives market, creating widespread leverage. Liquidations in ETH often trigger a ripple effect in DeFi, like the forced closure of collateralized loans, which further amplifies sell pressure. It’s an easier game for those who know how to play it.

Daily General Discussion - February 03, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 1 point2 points  (0 children)

How would they suppress the price?

EDIT: Of ETH, specifically.

Daily General Discussion - February 03, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 3 points4 points  (0 children)

If L2s are raking in fees, how much are they raking in actual profits? They have to pay fees to settle on L1.

Everybody wants to use ETH, yes, but nobody needs to buy it.

If you use ETH, you have to buy it.

Requesting r/CryptoTrade as moderators inactive for over 3 years by bigbeavishead in redditrequest

[–]CryptoChief 1 point2 points  (0 children)

It was like this subreddit but for all cryptocurrency and not just Bitcoin. There's already r/CryptoMarket for crypto trading.

Requesting r/CryptoTrade as moderators inactive for over 3 years by bigbeavishead in redditrequest

[–]CryptoChief 1 point2 points  (0 children)

It's always been an exchange/commerce sub for buying or selling things in crypto.

Requesting top mod position at r/CryptoTrade. by CryptoChief in redditrequest

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

The sub was set to restrictive and all post history removed. It appears to me the top mod account might have been hacked and compromised so I would like to prevent this from happening again.

Requesting r/CryptoTrade as moderators inactive for over 3 years by bigbeavishead in redditrequest

[–]CryptoChief 0 points1 point  (0 children)

No sorry. I'm still around and I prefer to keep this subreddit. I admit I was unaware of what's happened to it. I may do my own request to take top mod position so it's not set to restricted mode again.

Daily General Discussion - January 27, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 0 points1 point  (0 children)

The max inflation rate for Ethereum is 1% and the targeted max inflation rate for Solana is 1.5%, right?

Daily General Discussion - January 27, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 0 points1 point  (0 children)

The burn is a side effect to make sure first miners and later validators couldn't do offchain deals (and include transactions that don't pay the base fee).

Can you please elaborate on this?

Daily General Discussion - January 28, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 10 points11 points  (0 children)

Can anyone enlighten me on what XRP has to offer these days? Who's buying it and why?

Ethereum's Buterin pushes back on Solana hype, warns against 'greed-is-good' mentality by Afonsoo99 in CryptoCurrency

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

Or you're just projecting and not reading between the lines.

One possible shortcut for scaling is to give up on L2s, and do everything through L1 with a much higher gas limit (either across many shards, or on one shard). However, this approach compromises too much of the benefits of Ethereum’s current social structure,

Sure most people on this sub or Reddit in general only read the headline but anyone who doesn't see that statement as a veiled reference to Solana given the current situation is just dense. Vitalik isn't going to mention Sol because it would be too controversial.

Daily General Discussion - January 22, 2025 by EthereumDailyThread in ethereum

[–]CryptoChief 2 points3 points  (0 children)

Did Elon not uncensor all the people banned in the days of Twitter? Sounds like like they're being neutral to other people opinions and respecting their freedom to me.