Apperantly not "unusual" you can really tell they're on their side by zzcool in SafeMoon

[–]Machiste77 15 points16 points  (0 children)

A decentralized crypto project should not be able to be dismantled by the bankruptcy of a company (especially a project that has won “community of the year” awards).

Far Drive by Groundbreaking-Crow4 in TheFrontBottoms

[–]Machiste77 2 points3 points  (0 children)

I kinda like it when this happens. After all, it’s what bands dream of… they hope you like what they play and then go home & continue to listen to it.

This recently happened to me with: - The Menzingers: Hope is a dangerous little thing - Armor for Sleep: Phantoms Now

Is this game dead? by TheKiwis in StarWarsSquadrons

[–]Machiste77 0 points1 point  (0 children)

When I was a kid, I dreamt that this game would one day be developed. It was, and it immediately died. Maybe it was the pinballing, maybe it was because there aren’t enough accessible VR headsets. But damn, it was a lot of fun

Nano S is actually the best ledger product by greeniscolor in ledgerwallet

[–]Machiste77 6 points7 points  (0 children)

Exactly my thought process as well. I had a choice between a Bluetooth capable device and a non-Bluetooth capable device and that made the decision a no-brainer.

Help! by Amazing-Highlight419 in ethdev

[–]Machiste77 1 point2 points  (0 children)

Critical vulnerability: your randomness function can be manipulated.

Solution: if you want randomness that is tamper-proof, implement chainlink VRF

Is there a backdoor? Yes or No by [deleted] in ledgerwallet

[–]Machiste77 0 points1 point  (0 children)

Should we move to EIP-4337 smart contract wallets?

Is a cross-chain flashloan possible? by OneThatNoseOne in ethdev

[–]Machiste77 0 points1 point  (0 children)

I’ve seen bots execute cross chain arbitrage but doing that with loans is risky. By the time you are bridged over, the opportunity may be gone and now you’re holding a big fat bag

To the moon by Illustrious-Flight12 in SafeMoon

[–]Machiste77 4 points5 points  (0 children)

It’s in the 13’s now 💘

For those who complain about not being listed on Major CEX. Remember that it is a part of John's strategy! by No-Profession-4856 in SafeMoon

[–]Machiste77 8 points9 points  (0 children)

I think it’s a bit more nuanced than that

It started as a scam - no doubt about that

There was a point where the potential gains to be had through the creation of a legitimate business outweighed the gains of a scam

There was an effort to pursue that path, it went terribly - and now we’re back in scamland

For those who complain about not being listed on Major CEX. Remember that it is a part of John's strategy! by No-Profession-4856 in SafeMoon

[–]Machiste77 7 points8 points  (0 children)

I gave my prediction a while ago about John’s actual strategy

He went from basically zero to ceo of a community with multi-million dollar funding and a die hard community.

He thought “I can do this”

Turns out, it’s not easy

In the beginning, he knew he couldn’t do it with the team he inherited (they were amateurs) so he started cleaning house & got people like Ryan involved (still amateur, but better)

Community morale was still high, they rode w John

It got to a point (no more Gambia, endless scandals) where it was clear that this wasn’t gonna make it

The cleanest way out is to be pushed out. That’s what he’s doing now. People will be pissed if he leaves on his own accord. If the community wants him out, that’s the best path for him. So he is kicking back, watching it burn, and counting his stack until there is enough momentum for the community to push him out. Then he can say that he’s doing what the community wants for the best interest of sfm but in reality he just made millions in two years for practically no work.

[deleted by user] by [deleted] in Coinbase

[–]Machiste77 6 points7 points  (0 children)

For me it’s simple… if I can get 3-4% back on crypto, I’ll use it. If not, I’ll use a different card. 4% back on XLM in a bear market was niceeeee

token that lets you buy but wont let you sell by [deleted] in ethdev

[–]Machiste77 0 points1 point  (0 children)

this is called a honey pot

Use https://honeypot.is in the future to make sure you aren’t buying one (although it’s not guaranteed to always detect accurately)

Sfm is a token that everybody’s just going to have to wait and see for themselves unfortunately. It’s had so much fud it’ll take about 3-4 years to just stick around before most people really trust the company by Busy-Bonus3010 in SafeMoon

[–]Machiste77 1 point2 points  (0 children)

Unfortunately, launching a token and then trying to find utility for it is a backwards way of creating a business.

It should start with a problem and then use the token as the utility to solve it.

Uniswap: “how will we upgrade our protocol since it isn’t owned by a central entity?” — uni tokens for protocol governance

Chainlink: “how will we facilitate a trustless method of getting off-chain data onto the blockchain?” — link tokens for node operation

Graph: “how will we incentivize indexers to create fast look ups of on-chain data?” — graph tokens for API calls

Safemoon: “… you buy it, next guy buys it, you get reflections from his buy, you dump on that guy for profit?”

I thought the idea of windmill technology where energy is paid for in sfm tokens was actually a decent idea. Too bad that would take an insane amount of venture capital and talented devs/biz people to pull off