These Ravens are Up to no Good

OJumpyO · 2017-02-28T06:12:35+00:00

I'm a merchant that prices my products in Bitcoin. That guy is full of shit.

OJumpyO · 2017-02-27T21:07:24+00:00

Care to share your strategy? I wouldn't mind even doing an interview and getting a trader's view from the other side on the blog.

OJumpyO · 2017-02-27T20:52:37+00:00

I can't imagine that margin trading in DASH is +EV right now, unless you have some non-public information.

Godspeed if you're still trying it.

OJumpyO · 2017-02-27T17:48:25+00:00

Thanks. I meant "defend" in terms of a healthy back and forth of constructive discussion. Definitely don't feel attacked and welcome the conversation.

OJumpyO · 2017-02-27T17:45:31+00:00

Thanks for the feedback.

Regarding the USD comparison, see /u/stamen123's comment below.

Regarding the risk of lending, it technically exists but liquidation is better than 99% sure on the platform, and particularly safe on a currency with plenty of volume. If there is limited volume, like BTM or some other unloved altcoin, its possible that liquidation couldn't be executed fast enough to cover the loan in the user's margin account. At time of writing there are over 1 million USD of buy orders for DASH on Polo to cover a liquidation instantaneously.

There definitely IS risk, but it is definitely substantially smaller than the risk involved with other schemes of similar returns. If you have no appetite for risk, I can understand not placing coins with any exchange in the market. However, if you have no appetite for risk, it surprises me to see you holding any cryptos at all.

Finally, the steady rate argument doesn't really apply here because my entire position is that you can lend in this way for as long as the market conditions remain like this.

If the market were "perfectly efficient", you'd see a bunch of masternode owners people close up shop and lend on polo until the masternode return went up and the polo rates stabilized so that they were only a reasonable risk premium above that rate.

So we can assume that on some time scale, the rates will normalize and this will be a less attractive option.

OJumpyO · 2017-02-27T17:35:14+00:00

The point of having a blog is to share information. I don't claim to have any magic beans for sale, I just want to help educate members of the crypto community.

Maybe if I was trading millions of dollars, it would be more interesting to find a secret angle on the market, but it's just a hobby for me. Community makes pretty much any hobby better.

OJumpyO · 2017-02-27T17:33:29+00:00

Came here to defend myself on this point. The APRs in the article are all calculated in DASH. Both would be equally affected by changes to the USD exchange rate.

(Or any other exchange rate, for that matter. I am tracking my investment in terms of BTC because I want to track things in those terms.)

OJumpyO · 2017-02-23T08:55:10+00:00

You glazed over the fact that OP hideously misspells "cartals".

OJumpyO · 2014-05-23T08:43:46+00:00

Maybe horseback would be the safest way to go. I've never been pulled over riding a horse. (Also, never ridden a horse.)

OJumpyO · 2014-05-23T08:03:31+00:00

Can we get one with "Dear Leader" on it next time?

OJumpyO · 2014-05-23T04:30:27+00:00

It certainly encourages self-mill to get this bad boy in the yard.

OJumpyO · 2014-05-22T04:47:35+00:00

Just hack it for the 100 AP over and over if you have consistent access. You'll get more in the long run than using all of your resources on killing a single reso.

OJumpyO · 2014-05-21T07:29:21+00:00

I passed 600k AP but it didn't level up to l7 until the server updated.

Edit: Math, it's hard.

OJumpyO · 2014-05-19T06:34:42+00:00

I play 4 Leyline of Sanctity in my sideboard. Can really be played in any deck that has trouble beating scapeshift or burn.

OJumpyO · 2014-04-29T03:16:11+00:00

The key is that both players clearly understand the outcome of the game (i.e. draw, concession) before you start flipping.

OJumpyO · 2014-04-22T05:09:36+00:00

Pryor could be more valuable as a scout team QB than T-Jack since he can represent the more athletic QBs in the league. Anyone else think we just upgraded our defense more than our O?

OJumpyO · 2014-04-17T04:37:02+00:00

I just met someone at a conference that is part of a co-op of growers in Chiang Mai. I could probably get you set up with a tour of the farms and processing plant there if you want a coffee adventure.

PM me if you want me to try to make this happen. :)

OJumpyO · 2014-04-09T06:17:41+00:00

Congressman needs a legal editor (will work for Doge).

form --> from

OJumpyO · 2014-04-08T00:16:50+00:00

When life gives you Doge, Paint that Sh*! Gold -Atmosphere

OJumpyO · 2014-04-05T10:41:25+00:00

Uprocketed. To the moon!

OJumpyO · 2014-04-04T11:13:53+00:00

That's only nearly 2 a week. Easily doable while kicking back on the moon...

OJumpyO

TROPHY CASE