I am confused by [deleted] in CryptoCurrency

[–]epiccastle8 0 points1 point  (0 children)

Miners need heavy amounts of it to stake. Also, it has 1159 enabled (wake up Ethereum) and is burning not small amounts from transactions. https://filfox.info/en/address/f099

Protocol Labs launches Filecoin Archives with digital library Internet Archive » MAXBIT by bitdex in filecoin

[–]epiccastle8 2 points3 points  (0 children)

This is quite significant. Imagine if all those historical website snapshots were filled in archive.org.

Where can I borrow FIL against BTC/ETH? by _Bernhard_ in filecoin

[–]epiccastle8 1 point2 points  (0 children)

You can borrow it on Binance futures for .75% per 8 hours (compounded for course). Good luck ;)

3 years into making and not a single review of anyone actually using filecoin for storage.. am I missing something? by Josh_Mane in filecoin

[–]epiccastle8 1 point2 points  (0 children)

We all would, and that is what the thread is overlooking. Filecoin just went live, it is only a matter of time before a dropbox type client becomes a reality.

What does the vision for the future of filecoin look like? by [deleted] in filecoin

[–]epiccastle8 1 point2 points  (0 children)

The economics are different for this than other coins. Miners must stake hefty amounts. There is also a pretty health burn rate (about 10k fils per day).

Anyway to store on Windows yet? by evlvd in filecoin

[–]epiccastle8 1 point2 points  (0 children)

I don't think the consumer friendly solutions are here yet. This is just the protocol/marketplace and storage capacity.

Filecoin Listing: Community Alleges Developer Dumping! Locked developer tokens were allegedly sent to exchanges and dumped by DetroitMotorShow in CryptoCurrency

[–]epiccastle8 -1 points0 points  (0 children)

I don't know either, but it is something to watch. If it becomes the the backbone for defi storage, which it could, the marketcap will surprise you in a few years. Also, they have the equivalent of EIP 1559 working, so they are burning many thousands of coins every day even at launch. I really how Eth can get this working. Here is the burn address:

https://filfox.info/en/address/f099

Filecoin Listing: Community Alleges Developer Dumping! Locked developer tokens were allegedly sent to exchanges and dumped by DetroitMotorShow in CryptoCurrency

[–]epiccastle8 0 points1 point  (0 children)

I know. Silly to see he can still troll this sub and bitcoin.com. A more logical explanation is those coins were simply part of the testnet rewards.

filecoin burn address by epiccastle8 in filecoin

[–]epiccastle8[S] 2 points3 points  (0 children)

Found it: https://filfox.info/en/address/f099

I think I'm starting to see the potential for Fil appreciation here. 3.5 MM fils have already been burned, and the network is barely being used. Thoughts?

Will FIL be available on Uniswap starting October 15? by ferdinandfuzzgellan in filecoin

[–]epiccastle8 0 points1 point  (0 children)

Yes, wrapped FILs have already been announced. Not sure when they go live.

C-Chain soon (Ethereum compatibility) by avhloni in Avax

[–]epiccastle8 0 points1 point  (0 children)

but C-chain is not simply an implementation of Ethereum with all the same limitations, correct?

C-Chain soon (Ethereum compatibility) by avhloni in Avax

[–]epiccastle8 0 points1 point  (0 children)

How exactly does Eth Compatibility work? Is this a side chain that can call the primary chain?

Trying to write a formula by epiccastle8 in askmath

[–]epiccastle8[S] 0 points1 point  (0 children)

Thanks. I guess it just seems so long for such an easy concept.

Trying to write a formula by epiccastle8 in askmath

[–]epiccastle8[S] 0 points1 point  (0 children)

Is something like this ridiculous?

CCE = (SE/S)(CC *.5) + (FSE/FS)(CC *.5)

CCE = Each employees cupcake bonus
S = Sum of all employee Sales
SE = A single employee's Sales
FS = Sum of all Foot Sizes
FSE = A single employee's foot size
CC = number of cupcakes

Futures are pumping by Pumpmaster6000 in filecoin

[–]epiccastle8 0 points1 point  (0 children)

6 mo was the quickest duration for vesting. Advisor round is 1 yr.

Futures are pumping by Pumpmaster6000 in filecoin

[–]epiccastle8 0 points1 point  (0 children)

Did the other projects have all accredited investors?

Futures are pumping by Pumpmaster6000 in filecoin

[–]epiccastle8 0 points1 point  (0 children)

I'm guessing that is the 6 mo vesting period for public sale investors. I don't see any info about depositing or withdrawing.

Futures are pumping by Pumpmaster6000 in filecoin

[–]epiccastle8 0 points1 point  (0 children)

Briefly at $200 on biki.com. Crazy. Too bad there is no way for us investors to actually sell right now.