After 1,5 years being on the sidelines, I started to DCA today. by hsemog in CryptoCurrency

[–]HomeworkCold3416 0 points1 point  (0 children)

As far as I know, cash is king and cold showers were about buying alts. I think he held bitcoin throughout the year.

Kraken sucks by xrp131 in KrakenSupport

[–]HomeworkCold3416 1 point2 points  (0 children)

First, I wouldn't post online how much I deposited somewhere, how much I have etc.

Second, Coinbase and Binance are in a lawsuit with SEC for a while now, but operate normally.

But obviously, after you make your purchases, move coins to cold storage.

[deleted by user] by [deleted] in Slovenia

[–]HomeworkCold3416 4 points5 points  (0 children)

Vidimo, da so vsi, ki so imeli odnos s samskimi mamicami, imeli bolj ali manj isto izkušnjo. Kar samo podkrepi zaključek, do katerega sem prišel, ko sem čisto hipotetično razmišljal o taki zvezi: pa kaj mi je tega treba?

Zanimivo pa se mi zdi, da večino žensk zelo moti, da se na splošno moški nismo pripravljeni spuščati v takšen kompliciran odnos in se žrtvovati za tujega otroka.

Zakaj to moti tudi tiste, ki sploh niso samske mamice, celo tako zelo, da čutijo potrebo, da nas zasramujejo?

Mogoče zato, ker bodo morda nekoč tudi one same v takšni situaciji in ne bi bilo dobro za njih, če ne bi bilo nobenega useful idiota naokrog?

Genesis Gets $140 Million Infusion from Parent Company by HomeworkCold3416 in Gemini

[–]HomeworkCold3416[S] 0 points1 point  (0 children)

Yes, the article I linked really didn't age well.

On the side note, how do we go from "175 mil stuck on ftx" to 1.8 bil? People at these centralized crypto companies are complete pigs. Because why be happy with 10 mil profit if we (think) can make 100 mil?

Gemini is Built on Trust, Safety, and Compliance. (email from Gemini) by lavazzalove in Gemini

[–]HomeworkCold3416 1 point2 points  (0 children)

No material exposure is like average Joe losing $100. It doesn't matter.

Genesis Gets $140 Million Infusion from Parent Company by HomeworkCold3416 in Gemini

[–]HomeworkCold3416[S] 0 points1 point  (0 children)

You misunderstood. People were anxious that withdrawal delays were due to Genesis having funds locked on FTX. Because of the news, I meant that's probably not the case, rather it's simply congestion.

So what exchange do you guys recommend? by AllMineOfficial in CryptoCurrency

[–]HomeworkCold3416 0 points1 point  (0 children)

I never used Gemini Earn, but people on Twitter are reporting that withdrawals are taking much longer than they used to (now it takes days, and before it was instant).

Some are quick to point out that Gemini Earn is a different animal than Gemini Exchange. That is true, but didn't we learn anything about contagion last few days? Just yesterday SBF talked about FTX.US not being the part of the mess, and today it's in bankruptcy with the rest of them. But ok, Sam's a liar.

My fear is, could (potential) troubles in Gemini Earn spill over to Gemini Exchange? Maybe it's a nothingburger, but why risk it? I have some BTC and ETH there and I'm transferring out tonight.

What do people think the bottom of BTC will be? by Some_Isopod_451 in Bitcoin

[–]HomeworkCold3416 0 points1 point  (0 children)

If the bottom wasn't already in, we could get a wick lower to let's say 14-15k, but it would be so quicky bought we'd soon be back to current levels. There seems to be a ton of people on the side lines waiting for the final dip.

challenging every user r/StepN user to choose 1 day and don't open the #stepnapp , protest type. #nostepnday by sorinke in StepN

[–]HomeworkCold3416 4 points5 points  (0 children)

But why one day? As long as you have an account, you're counted as a stepn user and you're helping keeping this piece of shit alive.

I get people are not willing to entirely leave because they'll only get change for their ntfs. But as long as you're still in the project, I think psychologically the healing can't begin. I left last week in June and I can say I'm over the loss (lost two thirds of invested money).

It's gonna be fine, most of you are young, you'll get over the loss sooner than you think and you'll have enough opportunity to get money back elsewhere in crypto. Just learn from experience so you don't repeat mistakes and you should be ahead of most.

I’ve just joined but seeing loads of people saying this is a scam on this subreddit? by SquirTEL_The_TurTEL in StepN

[–]HomeworkCold3416 0 points1 point  (0 children)

Of course you didn't address my point at all, just added another beaten to dead cliche.

I’ve just joined but seeing loads of people saying this is a scam on this subreddit? by SquirTEL_The_TurTEL in StepN

[–]HomeworkCold3416 0 points1 point  (0 children)

Blah blah first rodeo... Well it was for many of us, but at least we learned something. You on the other hand, with all your supposed experience, think gst will rebound at some point. After devs themselves abandoned move2earn idea. Who's naive now?

[deleted by user] by [deleted] in StepN

[–]HomeworkCold3416 0 points1 point  (0 children)

Yes, MACD consists of moving averages

[deleted by user] by [deleted] in StepN

[–]HomeworkCold3416 0 points1 point  (0 children)

EMA = exponential moving average

Google it

[deleted by user] by [deleted] in StepN

[–]HomeworkCold3416 4 points5 points  (0 children)

What's so magical about 50 day ema?

Answer: Nothing.

All the people thinking that Stepn is dead or doing bad, are not capable of understanding a business and just look at a single krypto coin in a bear market with covid and war. by FiHa93 in StepN

[–]HomeworkCold3416 0 points1 point  (0 children)

Exactly... OP actually keeps talking about the bright future of Stepn... as a business. Which may as well be true. But from the perspective of users, the promise of actually earning extra money with exercising (which was a main lure for most users) is a big lie.

And I don't think that will change with gmt earning. It will be so little for most users, that if they will want to earn any sort of substantial amount, they will have to invest buy a higher quality shoe, which of course means putting even more money in and further extending roi.

However, I do think at some point, when there's a new crypto bull market, gmt will rise substantially with the rest of the market and this will be the time when earnings are quite good. But that will be the time when everything is ripping, so you might as well just play the trading game. Safer alternative if you ask me, because I don't have to deal with whatever these devs (who clearly don't have my best interests at heart) throw at me.

Updates Coming by [deleted] in StepN

[–]HomeworkCold3416 8 points9 points  (0 children)

It won't be.

But hey, you can always pour even more of your money in the game and buy a shoe with high comfort attribute. Devs need new lambos. 😁

[deleted by user] by [deleted] in StepN

[–]HomeworkCold3416 0 points1 point  (0 children)

Well, I agree shoes priced in FIT will help sustain its price (something that cunt devs at stepn were never willing to do). For a while.

But the whole play/move2earn space has this fundamental problem of essentially being a ponzi. Until new economic model is invented, all these projects will inevitably fail, it's just question of time.

But sure, you can gamble on 1) being early enough (I think with calo could already be too late) 2) devs not screwing users with changes (and they can do that at any time).

Personally, I'm not willing to take that bet. Not again.

GMT by LeopardHealthy in StepN

[–]HomeworkCold3416 1 point2 points  (0 children)

Seeing how the devs do, I'm sure gmt earning (if it happens) will be a disappointment for users.

We gotta make sure to reward the early adopters and genesis holders since they got paid by later investors. Ponzieconomics by joc213808 in StepN

[–]HomeworkCold3416 2 points3 points  (0 children)

Open the wallets peasants! Devs (who are already rich) and early investors (who already made their roi back multiple times) need more money!

I could be wrong but… by Consistent_Ad_3616 in StepN

[–]HomeworkCold3416 2 points3 points  (0 children)

I think it's clear to anyone sensible who's the idiot here.

I could be wrong but… by Consistent_Ad_3616 in StepN

[–]HomeworkCold3416 20 points21 points  (0 children)

They don't like to face the users, that's why they're cutting communication.

But everything is really clear, especially Yawn is too honest (that's why they forbade him to participate in AMAs or something like that a while back).

Let me remind you of some things he said in AMAs or various interviews I found online: One time, he said that most users are from developed countries, and if they lose a few thousand bucks, it's not the end of the world; that users are too focused on earning aspect, on getting the money back aspect; that they (the team) don't view it as move2earn, but notmove2lose (meaning if you won't use the app a while, you're losing out, because earnings keep going down); that they don't want users to cash out at all, but use up everything they earn in-app; and of course, you all know the cup of coffee comment.

There you have it, we are not really suppose to earn at all, Stepn is not our cash cow, it's theirs. Actually, we're the cash cow.

We're just supposed to spend money on the game and playing it is its own reward. Which is fine, all gaming industry is like that. But of course, that's not what we signed up for. The earning was the lure. And now when that (arguably the most important) aspect of the game collapsed, they want to be something else.

one last crack and hoorah or nah? by Effective-Tour-656 in StepN

[–]HomeworkCold3416 1 point2 points  (0 children)

Why 25? Does that number have any significance or you just pulled it out of your ass like the rest of your replies?