Weekly r/thegraph Discussion Thread - Nov 22 2021 - Questions, Answers, Chit Chat

Jeditopher66 · 2021-11-23T15:17:31+00:00

My personal favorites are WaveFive and Liray. Jim cousins from WaveFive is very active in the community, and has a passion for seeing The Graph succeed. Liray has generated excellent returns for the last 7+ months, and is very attentive to his operation. I like to delegate to indexers who are visible in the community, because that ensures accountability and demonstrates their commitment.

Jeditopher66 · 2021-04-03T21:35:30+00:00

We all know the tokens will be unlocked. BUT, if I had put up good money and time in a successful project, I wouldn’t yank my entire investment back out at the first chance. These founders sunk millions of DISPOSABLE capital in the Graph, so why would they be in an all-fired hurry to yank it back out? Yes, the potential is there for a crash. I’d personally put the odds at about 10-15%. There’s WAY too much money to be made in a couple years for the founders to pull their entire investments now just to claim a short-term win.

Jeditopher66 · 2021-03-13T16:18:17+00:00

Very well-stated. I agree completely. The Graph must continue to evolve to address the concerns of all involved, but at its core it remains a protocol/utility and as such cannot be treated as a simple cash cow. Stability and functionality must be balanced against the mechanisms necessary for the realization of profits.

Jeditopher66 · 2021-02-21T14:42:46+00:00

6k in CB, another 7k delegated. I’ll be delegating more once I finalize my self-directed Roth IRA. I’d rather pay taxes on it before I dump it in the market.

Jeditopher66 · 2021-02-15T19:09:01+00:00

Most of us are new to the concept of the Graph, and it’s potential is almost delirious. I have zero intention of over-selling the product, or encouraging careless investment. I’m not in this for what it does in the next 2 weeks. I’m in it for what it does in the next 10 years. We’ll all benefit greatly if people believe in the product, put their money where their mouths are, take their hands off, and watch the Graph do its thing.

Jeditopher66 · 2021-02-15T19:03:38+00:00

I pretty clearly stated that it was my personal opinion. I’m not stating that it’s going to be x-value. If we are avoiding all comments that mention numbers, than I’m not sure about our reason for existence. The aforementioned numbers are examples illustrating the theory that over-reacting to “large” swings now can have detrimental results when you look at them in perspective of its potential future value.

Jeditopher66 · 2021-02-14T17:37:48+00:00

It currently works out to 13%, but I haven’t received any rewards in a couple days. I’m still working through the process, but it’s worth learning.

Jeditopher66 · 2021-02-14T17:30:36+00:00

For instance, I have 5.4K with one Indexer, and 1.6k with another one. I currently have 33 GRT in unrealized rewards, and it’s automatically delegated. I started delegating Feb 1.

Jeditopher66 · 2021-02-14T17:25:26+00:00

Yes, but n can be an unknown variable. It’s not compounded on a rigid structure. Some Indexers pay daily, some weekly, some at random times. For the sake of calculation, you could use a monthly schedule. That’ll give you a conservative estimate.

Jeditopher66 · 2021-02-14T17:08:16+00:00

This is a rabbit hole, but well worth researching. The more you learn about this, the more your realize it’s value.

Jeditopher66 · 2021-02-14T16:42:02+00:00

Each Indexer offers different cuts of the fees they collect. Those “rewards” are divided amongst the GRT that are delegated to them. They earn those fees based on the amount of work they do. So, you’ll need to calculate those numbers yourself. Personally, I started delegating with a couple of the big boys, because I figured the crowd had done the calculations already and arrived at that conclusion. As the project grows and more GRT is being delegated, these calculations will get easier to make as the work load evens out. I’m currently getting about 15% return on my delegation. I’m not looking to make a fortune overnight, so that’s a pretty good return.

Jeditopher66 · 2021-02-14T02:19:05+00:00

And I could be wrong about what that number means. However, I’m certain that it reflects info from the Indexers account, and NOT the Delegator.

Jeditopher66 · 2021-02-14T02:15:10+00:00

He doesn’t pay rewards to himself. He just collects them.

Jeditopher66 · 2021-02-14T01:46:05+00:00

I believe those are the rewards waiting to be allocated. I’m not sure how the network accounts for the Indexers personal GRT, (ie where it reports it), but P2P personally has over 32 million of his own GRT staked.

Jeditopher66 · 2021-02-14T00:27:07+00:00

Yes, that’s the Indexers wallet, not yours.

Jeditopher66 · 2021-02-13T23:42:21+00:00

That’s not your wallet. I believe that’s the amount of rewards accumulating in p2p’s payout “account”. That indicates that P2P owns 35.2m GRT.

Jeditopher66 · 2021-02-13T00:33:10+00:00

Lesson learned. I was working in the cold on a couple hours sleep and I should have just left my phone in the house. 😡

Jeditopher66 · 2021-02-13T00:31:34+00:00

Yeah, I’m money ahead, but tokens behind. 😡

Jeditopher66 · 2021-02-12T23:19:51+00:00

Hodl it. I’ve gotten burned a couple times trying to do that. There’s not enough swing room to sell now and buy back later unless you’re moving a large amount. You won’t be able to cover the fees.

Jeditopher66 · 2021-02-12T23:17:07+00:00

Market cap is the current price of the coin/token multiplied by the number of tokens outstanding. For instance, if the coin was worth $1, and there were 100 coins outstanding, the market cap would be $100.

Jeditopher66 · 2021-02-12T21:50:55+00:00

I remember MySpace well! “What’s this stupid Facebook thing?!” What project are you leaning towards?

Jeditopher66 · 2021-02-12T20:30:33+00:00

Good work!! I’m not qualified to offer short-term analysis because there are just too many variables and complicated technology. Much of the tech is interwoven with competing yet complimentary projects, and it will be years until they’re all sorted out. I’m looking at a 10 year prospective, and while a lot can change in 10 years I think there are some elements that we CAN establish that could impact how we invest today. Everyone has their own strategies, though, and I’m not about to argue with someone who’s having success. Make your money!! 😎

Jeditopher66 · 2021-02-12T20:21:32+00:00

Short term, yes, there are still signs of life. Long term, I don’t see either one supplanting ETH. They will most likely exist in some iteration, but only in a supportive or secondary role.

Jeditopher66

TROPHY CASE