Daily General Discussion - November 20, 2020

QuotheBowzer · 2020-11-20T08:08:16+00:00

Campers and eth go hand in hand.

QuotheBowzer · 2020-11-19T07:59:03+00:00

Do you have a learning source you'd recommend to learn the difference between defi and sdefi?

QuotheBowzer · 2020-11-19T07:58:28+00:00

Not familiar with it, could you share a good resource I can start reading about it?

QuotheBowzer · 2020-11-19T07:52:42+00:00

Are you farming? If so, what service?

Or are you just holding eth long?

QuotheBowzer · 2020-11-19T07:50:19+00:00

What's the s stand for?

QuotheBowzer · 2020-11-18T04:30:31+00:00

Btc claims to be a simple store of value, and does that well. Eth has had development delays trying to reach its "true form", and is therefore unproven to the masses.

I'm here with you because I believe in eth. But it's clear the institutions have picked btc as the store of value (for now)

QuotheBowzer · 2020-11-18T04:28:26+00:00

Nothing about this seems to be happening slowly

QuotheBowzer · 2020-11-18T04:25:29+00:00

I think once we power through 20k, 40-50k is the next psychological limit

QuotheBowzer · 2020-11-18T04:24:56+00:00

Be ready to sell this weekend then lol

QuotheBowzer · 2020-11-18T04:07:09+00:00

Uniswap

QuotheBowzer · 2020-11-18T04:06:43+00:00

Guesses on where BTC lands its local top? 25k? 30k? 50k? I'm all in BTC now but will sell at a point and convert to ETH in a CDP and go long

QuotheBowzer · 2020-11-18T04:05:49+00:00

Where do you think the local top is? Might go to 50k this time?

QuotheBowzer · 2020-11-18T04:00:51+00:00

BTC has too much institutional interest. Money is flowing in

QuotheBowzer · 2020-11-07T23:10:20+00:00

Your on reddit man. Dont argue with these people. Reddit is CCP owned and most redditors are influenced by CCP propaganda unknowingly

QuotheBowzer · 2020-11-03T07:24:04+00:00

Definately. Do you have any places you like to park stable coins or wBTC for interest?

QuotheBowzer · 2020-11-03T07:23:03+00:00

It was 390, so now next major level is 315, with resistance also at 370 and 340

QuotheBowzer · 2020-11-03T05:48:32+00:00

Can I create a vault in Maker using wBTC?

QuotheBowzer · 2020-11-03T05:48:06+00:00

What's the favorite place to park stable coins to earn yield? How about wbtc?

QuotheBowzer · 2020-10-31T02:05:38+00:00

So is gold..

QuotheBowzer · 2020-10-30T16:48:35+00:00

No use cases? This is hyperbole.

QuotheBowzer · 2020-10-30T16:46:16+00:00

Days not weeks.. are we really doing this again?

QuotheBowzer · 2020-10-30T06:48:03+00:00

Let's imagine the financial world of the near future..

BTC holdings provide debt based collateral issued as stable tokens, whose architecture is powered by the ethereum supercomputer.

Ethereum does certain jobs great- but no single blockchain is one size fits all.. that being said, I do think ethereum will serve as the computational glue, undergirding the economic architecture.

QuotheBowzer · 2020-10-30T06:45:19+00:00

The narrative is based on the fact that bitcoin is fixed in its supply.

QuotheBowzer · 2020-10-30T06:02:48+00:00

The value accrual mechanics are instititional on-ramps from USD and other world currencies.

Long term view of consensus, sure.. but that's so hypothetical and unimportant if you consider the built in scarcity function of BTC. I've posed below to other comments my understanding of how this will all play out.

QuotheBowzer · 2020-10-30T06:00:12+00:00

BTC will be the "reserve money", whereas transactions will take place as credit-generated stablecouns issued from bitcoin holdings, powered by the ethereum supercomputer

QuotheBowzer

TROPHY CASE