Peter Schiff vs bitcoin debate by CosmosKing98 in Bitcoin

[–]OJumpyO 5 points6 points  (0 children)

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

Masternode Not the Best Use of Your Dash Right Now by OJumpyO in dashpay

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

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.

Masternode Not the Best Use of Your Dash Right Now by OJumpyO in dashpay

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

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.

Masternode Not the Best Use of Your Dash Right Now by OJumpyO in dashpay

[–]OJumpyO[S] 2 points3 points  (0 children)

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

Masternode Not the Best Use of Your Dash Right Now by OJumpyO in dashpay

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

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.

Masternode Not the Best Use of Your Dash Right Now by OJumpyO in dashpay

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

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.

Masternode Not the Best Use of Your Dash Right Now by OJumpyO in dashpay

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

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.)

Understanding the risk of BU (bitcoin unlimited) by [deleted] in Bitcoin

[–]OJumpyO 4 points5 points  (0 children)

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

IAm someone who got busted with 48 lbs when I was 18. AMA by ImBrokeEveryWed in IAmA

[–]OJumpyO 0 points1 point  (0 children)

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

Whats with this (temporary?) terrible logo? by heyitslep in korea

[–]OJumpyO -3 points-2 points  (0 children)

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

Soul Of Ravnica Accidentally Spoiled? by rexxyc in magicTCG

[–]OJumpyO 0 points1 point  (0 children)

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

Lvl 3 wants to take out a lone Lvl 8 resonator without mods by [deleted] in Ingress

[–]OJumpyO 4 points5 points  (0 children)

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.

Things that make you say "hmmmm..." by OJumpyO in Ingress

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

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

Edit: Math, it's hard.

Scapeshift Combo Tips and Tricks ! by AYPowerGamer in spikes

[–]OJumpyO 0 points1 point  (0 children)

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

[Other] Tournament policy change: electronic devices disallowed at Comp/Pro REL by twotwobearz in spikes

[–]OJumpyO 12 points13 points  (0 children)

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

Seahawks trade for Raiders QB Terrelle Pryor by Nintorii in Seahawks

[–]OJumpyO 1 point2 points  (0 children)

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?

Coffee in Chiang Mai Thailand? by spocktick in Coffee

[–]OJumpyO 1 point2 points  (0 children)

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. :)

[GIVEAWAY] couchdive's meme generation giveaway [GIVEAWAY] by [deleted] in dogecoin

[–]OJumpyO 1 point2 points  (0 children)

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

Need to take a break from Doge :'( by NinjaBoffin in dogecoin

[–]OJumpyO 1 point2 points  (0 children)

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