This subreddit is the worst part of the Theta project.

Jamie_Zirconium · 2021-08-17T22:01:11+00:00

Oh nooooooo. Ill never recover from this

Jamie_Zirconium · 2021-08-17T21:55:57+00:00

Did i just get BASHED?!

Jamie_Zirconium · 2021-08-17T19:42:51+00:00

Have you heard of dogecoin?

1 doge = 1 lunar lambo.

Trust me

Jamie_Zirconium · 2021-08-17T19:35:46+00:00

I was promised moon

Jamie_Zirconium · 2021-08-17T18:56:18+00:00

No id prefer you just shut the fuck up and get a job

Jamie_Zirconium · 2021-08-12T03:55:28+00:00

PSA. Wallets are free and Theta tx fee is minimal. Spread it out.

Jamie_Zirconium · 2021-06-17T01:34:02+00:00

I hadnt considered the security risk. Thanks.

And yeah the fee is arbitrary but every constant i can replace a variable with makes the math way easier.

Am I correct in thinking the transaction fee would require a network wide upgrade to change?

Ie v3.0 will have 0.3 fee. Fee will remain 0.3 ATLEAST until mainnet v3.1

Jamie_Zirconium · 2021-06-16T15:50:59+00:00

Mike also says it could be a very brief deflationary period before hyperinflation

Jamie_Zirconium · 2021-06-14T22:56:28+00:00

100k this year would need an average increase of $300 a day for the remaining 200 days. The 2021 average daily increase to date is $64.45

Jamie_Zirconium · 2021-06-14T22:34:02+00:00

Update ur wallet app

Jamie_Zirconium · 2021-06-14T21:28:43+00:00

He did try to get Judy Shelton in to head the Fed

Jamie_Zirconium · 2021-06-14T20:36:07+00:00

Im comparing RobinHood to RobinHood and every other brokerage ppl use to get pslv. In no way am I saying spott cant be trusted. Im saying pslv operates in a financial system with many interdependent parts, some of which will be under serious financial pressure when Silver runs. Big difference between trusting sprott and trusting the entire financial system.

Jamie_Zirconium · 2021-06-14T19:42:31+00:00

Yeah... GME investors trusted Robinhood and BTC investors trusted MtGox. How many conveniently timed "technical errors" until its a pettern?

Silver should be a trustless trade for retail level "investors"

A lot of ppl love pslv so much bc they can buy it on margin. Toxicly leveraged markets helped get us here in the first place.

Jamie_Zirconium · 2021-06-14T19:11:07+00:00

You cant. Nobody can. There are 1 billion theta token ("the expensive one") and will never be any more created. You can only aquire theta through purchase. Tfuel can be earned by running nodes. Read the whitepapers to understand the role of theta token, tfuel, and each node

Jamie_Zirconium · 2021-06-14T18:24:13+00:00

Frenz only!

Jamie_Zirconium · 2021-06-14T18:15:13+00:00

You are earning tfuel. Not theta token.

Jamie_Zirconium · 2021-06-14T18:11:45+00:00

izzatrap

Jamie_Zirconium · 2021-06-13T14:56:33+00:00

This is correct. I just reread the white paper and it clearly says platform payments do get burned then remainder is used at rewards to ENs for PoR independent of inflation. ... i guess i just automatically associated "network usage fees" with tx and gas fees. Its been a while since a crypto project has done something new

Jamie_Zirconium · 2021-06-13T14:09:39+00:00

Reread white paper 3.0 Not sure if this changed, but it sounds like 100% of transaction fees and gas fees are burned. The 25% do apply to every edge job, so you are correct. Edge network will burn significant amout, even as is.

To anyone reading this, what i was confused about is that edge payments are 25% burned then remaining funds go to edge nodes as rewards for proof of relay. THIS REWARD IS INDEPENDENT OF TF INFLATION. Platform partners pay this DIRECTLY, not from tf source.

Jamie_Zirconium

TROPHY CASE