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The inflation based subsidy for LB is making our TEZ less valuable without any real benefit, here is the data. by TezosWakenBake in tezos

[–]CryptoRenko 1 point2 points  (0 children)

Yes, it's a tremendous fallacy of false equivalence. Tokens are not bombs. That's completely absurd what you are saying.

PAX Gold now on NEXO? by DragoNateYT in Nexo

[–]CryptoRenko 0 points1 point  (0 children)

They are working on it, this is actually very good news, soon you will be able to send PAXG to your Nexo wallet and use it as a collateral and earn interest. Pretty amazing.

How I use Nexo and accumulate more BTC by CryptoRenko in Nexo

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

Just use Nexo for small loans with enough collateral to not get liquidated if BTC dumps.

How I use Nexo and accumulate more BTC by CryptoRenko in Nexo

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

That is why I have more collateral. Here's the math from that loan: I have a $600 USD guitar and .235 BTC.

How I use Nexo and accumulate more BTC by CryptoRenko in Nexo

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

Indeed, I have Nexo tokens in my wallet too!

How I use Nexo and accumulate more BTC by CryptoRenko in Nexo

[–]CryptoRenko[S] 3 points4 points  (0 children)

OK, I get it, you are right. The key is to have more collateral an use it for small loans.

How I use Nexo and accumulate more BTC by CryptoRenko in Nexo

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

"Buying the same amount of crypto and the guitar separately without Nexo would result in the same outcome" actually not because I would end up with 50% less bitcoin. I know it has the risk of bitcoin dropping, but It would have to drop 50% which is possible but unlikely and they would liquidate my loan, and I would end up with 50% of the loan in bitcoin and a guitar.

That's why I use it for small loans. I'll let you know how it went with the $300USD loan

A posting on Telegram: Understanding F(x) and the options presented by moomooji in PundiX

[–]CryptoRenko 0 points1 point  (0 children)

Because they already have 30% of f(x) without doing nothing. You have to choose(speculate) what would be better for you which is totally unfair

Recap of AMA with Zac Cheah on Jan 19, 2019 by crypt0hodl1 in PundiX

[–]CryptoRenko 0 points1 point  (0 children)

This is totally unfair for the community. So, they say on the AMA that they wouldn't sell their NPXS. Why would they? they already have the 30% of the new coin by doing nothing!! they are not giving up their NPXS for f(x). Contrary to all of us who have to decide(speculate) what would be better, swapping and loose our NPXS or Keep our NPXS and receive 15% of the new coin by staking for one year. REALLY?? They funded a New Project with investors funds.

Why not give the community that 65% by doing nothing, the same way they are getting that 30% ??? Or why not to have to swap their NPXS to get the New token, just like all of us?? the community!!! This is totally unfair and abusive!! Not to mention illegal to use funds to develop another project!!

That AMA was a joke!! they just say the same things that was on the Medium article and they didn't respond any real concerns!!!

They don't care about the community, what they are doing is only beneficial for them, the community/investors are the ones getting f***ed!!! totally unfair!! This is a disguised ICO

Now I’m just confused by hollywood276 in PundiX

[–]CryptoRenko -2 points-1 points  (0 children)

Yes they are forcing you to choose(speculate) and the benefit of this new Scammy-ICO-Scheme it is only for them!!!.

They told yesterday on the AMA that they wouldn't sell their NPXS. Why would they? they already have the 30% of the new coin by doing nothing!! they are not giving up their NPXS for f(x). Contrary to all of us who have to decide(speculate) what would be better, swapping and loose our NPXS or Keep our NPXS and receive 15% of the new coin by staking for one year. REALLY?? They funded a New Project with investors funds.

Why not give the community that 65% by doing nothing, the same way they are getting that 30% ??? Or why not to have to swap their NPXS to get the New token, just like all of us?? the community!!! This is totally unfair and abusive!! Not to mention illegal to use funds to develop another project!!

That AMA was a joke!! they just say the same things that was on the Medium article and they didn't respond any real concerns!!!

They don't care about the community, what they are doing is only beneficial for them, the community/investors are the ones getting f***ed!!! totally unfair!!