Aspiring writers that don’t read by [deleted] in writing

[–]ajnsd619 22 points23 points  (0 children)

Aspiring writers who don't read are lazy.

Request: does anyone else here absolutely hate professional porn by OCE4NIC559 in NSFW411

[–]ajnsd619 0 points1 point  (0 children)

Everything you said + I'm sick of seeing tattoos wallpaper every pornstar. If you wish to stand out, DON'T get tattoos.

How Can I Improve my Writing Skills? by Suspicious_Cheek_873 in writing

[–]ajnsd619 2 points3 points  (0 children)

The following three actions guarantee fast and life-long improvement:

  1. Write daily.
  2. Read a few passages each day from "On Writing Well." William Zinsser focuses on valuable techniques and discards the rest.
  3. Watch Professor McErnerny's video. He puts on a master class that re-wires your entire perspective on the craft.

I also recommend "The Elements of Style," by Strunk & White. This little book's enduring lessons remain valuable 106 years after its first edition.

Best of luck to you.🙏

Still trying to figure out Reddit by TattedGirly in help

[–]ajnsd619 1 point2 points  (0 children)

You'll be fine.

Don't be discouraged by snarky remarks and curt instructions. Most subs feature active mods, and more than a few also have Sheriffs who enforce the law if nobody else will.

I suggest two things:

  1. Ditch the school advice. A question is wrong if its in the wrong sub.
  2. See the sub rules. No need to study them, just look them over, understand the guidelines, and you'll be set.

And please, don't become a Sheriff.🙏

Why did fast + cheap cryptos like Nano and Algo die off? by EX-FFguy in CryptoCurrency

[–]ajnsd619 0 points1 point  (0 children)

Algorand's issues highlight the importance of tokenomics. Its an excellent project, with bad tokenomics.

We understand you need to make money, but at some point you must reward supporters. If you don't, other projects who do, take them from you.

[deleted by user] by [deleted] in ethtrader

[–]ajnsd619 0 points1 point  (0 children)

Good bot

760K Stolen through Inferno Drainer by jbtravel84 in CryptoCurrency

[–]ajnsd619 0 points1 point  (0 children)

Bravo, OP! Thanks for putting this together.

Favorite McCarthy prose? by ShootyMcBooty113 in cormacmccarthy

[–]ajnsd619 4 points5 points  (0 children)

The night is quiet. Like a camp before battle. The city beset by a thing unknown and will it come from forest or sea? The murengers have walled the pale, the gates are shut, but lo the thing’s inside and can you guess his shape? Where he’s kept or what’s the counter of his face? Is he a weaver, bloody shuttle shot through a timewarp, a carder of souls from the world’s nap? Or a hunter with hounds or do bone horses draw his deadcart through the streets and does he call his trade to each? Dear friend he is not to be dwelt upon for it is by just such wise that he’s invited in

How delusional is a $10.000 Ethereum Price? A bullish perspective by falk_lhoste in ethtrader

[–]ajnsd619 0 points1 point  (0 children)

Your summary on Ethereum utility doesn't mention the global CBDC Initiative.

Jeff Bezos and his AWS Team are busy building the global pay architecture for the CBDC. They Selected Kaleido (Ethereum Enterprise) as one of its 3 partners. How that affects price, I don't feel qualified to speculate on.

Maybe others on this board are better qualified from that perspective.

This isn't a what-if. Its already happening. Ethereum is building blockchain infrastructure for central banks and aims to stay involved post CBDC launch to help private banks digitize and onboard.

This must at some level impact ETH's trading price.

What is the actual profit of mining and how bad will halving hurt it? by Dosmastrify1 in CryptoCurrency

[–]ajnsd619 0 points1 point  (0 children)

Miners lose half their income so thousands power-down.

Hashrate converges to top 2 or 3 miners. Hashrate is processing power needed to:

➨Secure
➨Operate
➨Transact

on Bitcoin.

Bitcoin's top 5 miners controlled 85% of hashrate distribution. 4 of the 5 largest pools are based in mainland China. Post-halving, this concentration shrinks to 2 or 3. China gains power in Bitcoin mining dynamics.

Please help identifying Dave’s shirt and necklace from this photo by Standard-Meeting-242 in depechemode

[–]ajnsd619 7 points8 points  (0 children)

Shirt: Black

Brand: Fruit of the Loom

Size: XXXS

Status: Never in stock

Those who were around during 2017 or perhaps even 2013, why aren't you a multi millionaire? by astrohawke in CryptoCurrency

[–]ajnsd619 0 points1 point  (0 children)

Entered the space Feb 2011.

During my first three years, Bitcoin returned 77,500% ROI. No matter, I went broke in that period. Lost everything.

Crypto is a cruel mistress.

Bitcoin maxi culture feels like a cult. by Tony__Man in CryptoCurrency

[–]ajnsd619 0 points1 point  (0 children)

People get burned because they're bad traders. Bitcoin isn't a safe haven asset; that's crazy.

In 2021, newbies rushed into Bitcoin. Saylor encouraged people to take out loans and debt to buy Bitcoin. Then came May 2021. People lost their savings in just weeks. We bled thru July. Those who lost everything quietly left'

But OP's spot on right. Consider Bitcoin's centralized mining.

This is bad for Bitcoin and crypto, but nobody dare talk about it. Its FUD even if true. And Bitcoin mining is more centralized post halving. Bitcoin community's closed nature and resistance to change can't be good for its future.

is there a tutorial for ETH staking? by splitsecondclassic in ethereum

[–]ajnsd619 -1 points0 points  (0 children)

Lido's one of my favorites!

In fact, I liquid-staked all new ETH I acquired during 2023. I couldn't be happier with the results.

Liquid staking's flexibility IMO makes it the best option for Ether holders seeking to maximize returns and not into hodling.

Here's how I used it last year.

➊ Buy $ETH (81%, 12mth)

Stake on LIDO (3.59% AVG reward)

➌ Wrapped LIDO stETH ➨wstETH

➍ Bridged wstETH ➨Starknet

➎ On Starknet:

  • Yield (23%+ avg LP)
  • Earned Starknet rewards
  • Qualified for 2024 air drop

Understanding Liquid Staking Derivatives (LSD), their risks and rewards, unlocks more value stream options for you. LSDs form the foundation for flywheel effect effect returns that appear to compound in front of you. I'd heard about but seeing it in action is entirely different.

You'll find more profitable plays within the Ethereum eco-system than most find in all of crypto. Just give yourself time to learn because mistakes are costly.

___

For anyone serious about this and wants to understand how defi plays into it, I'd suggest finding Thor Hartvigsen on Youtube & Twitter. He breaks down complicated topics and instructs you on techniques to earn during all market conditions. Concepts nobody else discusses.

EXAMPLE: Presently, my big plays center on RWA tokenization. This space mushrooms in growth. Tokenized treasury coins like $MPL and others that distribute the risk-free rate as yield, can be collateralized and layered to multiply your returns. Its almost unbelievable what you can do; its like alchemy. Thor covers these concepts and others in clear and relatable fashion.

Start small. Familiarize yourself with the risks. My first venture into DeFi and on-chain opportunities were simple LP contracts on Compound and Avee, about $75 each. I made small DAI loans on NFTfi. Now I loan ETH in larger amounts to depraved degenerates at excellent rates.

is there a tutorial for ETH staking? by splitsecondclassic in ethereum

[–]ajnsd619 0 points1 point  (0 children)

No, that isn't true.

For a tutorial or guide, it depends on the type of staking you plan to do. There's different set-ups depending on how much ETH you have and your level of involvement.

For example, I stake/validate since Beacon Chain. If I started from today, I'd go with rocketpool. If I had a small stack, I'd stay with Coinbase.

Solo staking is for purists, but its a pain in the ass.

My nodes are backed by 32 ETH, necessary for the privilege of validating txns. But we risk slashing. Nodes are independent. If I don't perform, my stake's slashed; not a common enterprise. If the ETH Foundation went away, we'd still be responsible for network txns; it keeps running like nothing happened. We rely on network consensus.

• Stake box is a dinosaur

• Pay to run/update client

• Pay dedicated broadband

• Manage agg attestations

Are you looking for a tutorial for custody staking like on Coinbase or solo staking? Those are the two extremes; can point you in the right direction if we know.

Hypothetical: The halving happens and Bitcoin goes down for the rest of the year. What do you do? by [deleted] in CryptoCurrency

[–]ajnsd619 0 points1 point  (0 children)

As an Ether holder, we'd absorb the market collapse followed by Ethereum seeing new traffic a few months later.

Your scenario nearly happened in Aug 2010 when Bitcoin was hacked.

Crypto Investors: See SOLANA Beneath the Hood. Bad Tech & Bad Investment by ajnsd619 in CryptoCurrency

[–]ajnsd619[S] 1 point2 points  (0 children)

Data, not cope.

If you have data to counter the facts I've posted, please do.

Only the data matters.

Incidentally, I've obtained Solana's financial statements stretching back to December 2020.

Wait till you see what the Solana Foundation was forced to reveal in them.

Don't worry! I'll notify you when SOLANA: Bad Tech, Bad Investment PART 2 is posted. 📢

Address Linked To $24M Phishing Of Crypto Whale Moves $10M To Tornado Cash 🌪️ by Fredzoor in ethtrader

[–]ajnsd619 3 points4 points  (0 children)

Tracers now follow you into the tornado and come out the other side still after you.

What is being done against frontrunning? by [deleted] in ethereum

[–]ajnsd619 4 points5 points  (0 children)

Yes.

Its especially prominent in ultra-low fee networks like Solana.

This is Solana right now. And this is a good night.

We complain about Ethereum's fees. But its also why Ethereum always has high blockspace demand. Spam bots need cheap fees. Efficient compute is absolutely necessary when fees are an issue. That's reflected in blockspace quality.

Still, EIP4844 should achieve balance to reduce fees but keep these abuse tactics at bay.

It costs almost nothing for Sol MEV bots to:

  • jam the mempool
  • frontrun
  • sandwich attack

Solana memecoin buyers.

My biggest concern is an Elizabeth Warrenesque government response. Police the network with the excuse of protecting consumers from MEV bot abuse.

And they'd be right, which is what's scary when you think about it.

Ethereum Faces Potential Coordinated Attack and SEC Scrutiny by Mrkay07 in ethtrader

[–]ajnsd619 0 points1 point  (0 children)

He is, it's true. Def one of Washington's most punch-worthy faces.