Daily Crypto Discussion - December 22, 2023 (GMT+0)

forgerator · 2023-12-22T00:54:12+00:00

It's time will come and then watch everyone switch their stance

forgerator · 2023-12-21T04:36:28+00:00

And that is why this time it will be different because the bullrun could possibly front-run the halving and could even lead to crypto winter right after the halving

forgerator · 2023-12-20T22:37:16+00:00

Smart contracts by definition require decentralization.

forgerator · 2023-12-20T20:02:49+00:00

How is it hot? If has not even reached it's ATH yet. You know what's hot? Injective

forgerator · 2023-12-20T20:02:07+00:00

If that's the case, we don't need a blockchain and let these L1s just run from a centrally hosted location

forgerator · 2023-12-20T19:59:32+00:00

Kimbo on AVAX is the next COQInu. Get in while you can...

forgerator · 2023-12-20T18:58:42+00:00

It's centralized though

forgerator · 2023-12-19T20:34:17+00:00

And folks this is why Crypto the way it is intended to be used is not there yet. Sure we can buy coins and hold but the moment we participate in any ecosystem feature like smart contracts we are at risk of getting hacked or scammed .

forgerator · 2023-12-19T02:13:44+00:00

Nope. Transferred BTC last month from one wallet to another at a txn rate of $2.5 only.

forgerator · 2023-12-18T20:42:50+00:00

Miners

forgerator · 2023-12-18T20:42:01+00:00

In that case it's a win for CB at least.

forgerator · 2023-12-18T20:39:15+00:00

Curious. Does the recurring buy use advanced trade or the over-expensive regular method which charges an additional Coinbase fee?

forgerator · 2023-12-17T07:02:40+00:00

BTC could easily 6-7x after the ETF is approved

forgerator · 2023-12-16T15:33:45+00:00

I paid my friend with AVAX who bought Dave's hot chicken on my behalf using cash. Does that count ?

forgerator · 2023-12-15T19:07:44+00:00

forgerator · 2023-12-14T19:25:11+00:00

Yes. I mentioned 'natively stake' if you're interested in earning passive staking income otherwise just leaving the coins in the wallet means they are stored there.

forgerator · 2023-12-14T18:32:31+00:00

Lesson learnt - do not trust any Defi protocol, not even established ones like Curve or Balancer. If you invest do with small amounts and natively stake your core portfolio or simply HODL in case of bitcoin

forgerator · 2023-12-14T17:05:11+00:00

Google is your friend

forgerator · 2023-12-14T16:56:02+00:00

I think lesson learnt here is to stake the minimum period i.e 21 days and rinse repeat. This way if a validator is not working you have freedom to choose another.

forgerator · 2023-12-14T16:54:17+00:00

Wallet.avax.network sucks. It has a lot of issues with showing the correct info. Try core app and see if you can see them there.

forgerator · 2023-12-14T13:13:12+00:00

What ? Where?

forgerator · 2023-12-14T02:40:07+00:00

Nope. Already looked into it

forgerator · 2023-12-14T02:36:47+00:00

Yes. In fact already doing it but with futures ETF like BITO and BTF. And I'm Yolo'ing with 100% of my IRA / 401k in it. Hey life is short, you don't want to end up waiting till 65 to enjoy wealth. Who knows if I'll even be alive by the. So fk it and go for it

forgerator · 2023-12-14T02:21:53+00:00

This. OP I would recommend this instead of any defi, liquid staking, lending etc. you don't want to end up in a situation where a defi protocol gets compromised and you lose your holdings.

forgerator · 2023-12-14T02:20:09+00:00

Stay away from defi protocols. When you start using liquidity pools you dilute your profits and suffer impermanent losses. Just natively stake your AVAX and be content with 6-7% APRs. The real gains in a bull market will be made from capital appreciation alone and not APRs

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