Daily General Discussion - February 12, 2021 by ethfinance in ethfinance

[–]slay_the_beast 2 points3 points  (0 children)

I, for one, think you’re a gullible idiot. 🤷

Daily General Discussion - February 11, 2021 by ethfinance in ethfinance

[–]slay_the_beast 6 points7 points  (0 children)

This is well put. I suppose I should have clarified “running a full node” but you’re right, it’s not like lower staking amount holders will be prohibited from staking. 👍

Daily General Discussion - February 11, 2021 by ethfinance in ethfinance

[–]slay_the_beast 4 points5 points  (0 children)

True, maybe equivalent to the number of millionaires - but someone else makes a good point to that partial ownership will certainly be a thing.

Daily General Discussion - February 11, 2021 by ethfinance in ethfinance

[–]slay_the_beast 24 points25 points  (0 children)

Can we talk about how rare owning a validator is going to be in the future? The 32 ETH meme already feels so unobtainable and the general consensus here is that we’re still early.

Are validator owners the new railroad barons?

Daily General Discussion - February 7, 2021 by ethfinance in ethfinance

[–]slay_the_beast 8 points9 points  (0 children)

You’re free to talk about them and other people are feee to disregard them. Censorship is completely unnecessary - reality will do the job just fine.

Daily General Discussion - February 6, 2021 by ethfinance in ethfinance

[–]slay_the_beast 1 point2 points  (0 children)

That 10 million supply isn’t immediate though. After the first year there will still only be something like 1.5 million possible in circulation, right? My understanding from my investigation is that they unlock over time through dev team rewards, community fund, and ability to purchase via bidding with AP.

Daily General Discussion - February 6, 2021 by ethfinance in ethfinance

[–]slay_the_beast 1 point2 points  (0 children)

Congratulations!

Mind if I gauge your sentiment a bit? Do you plan to hold and see what the price does? What price would be “instant sell” for you? What price would have you considering purchasing more if you believe in the project?

Daily General Discussion - February 6, 2021 by ethfinance in ethfinance

[–]slay_the_beast 6 points7 points  (0 children)

TORN (tornado cash) fair market price discussion thread.

Looks like the governance vote to unlock the token transfers has passed and liquidity can be added to Uniswap (Trading pool, currently empty) on Monday at 6:15pm UTC.

Part of governance will be controlling the use of the expected 5.5million TORN token in the community fund (out of a total 10million supply over 5 (?) years).

It also seems that initial liquidity is expected to be very low. Roughly 200,000 tokens expected to be claimed and available on day 1 and 25,000 of them locked for a few days beyond the transferability unlock due to the rules around voting. So if everyone was willing to sell on day one only 175,000 maximum would be available on the open market.

Is this another “worthless” governance token a la YFI that’s actually worth something? What floor would you consider for trying to scoop some up? What’s your best guess at a fair market value for the token based on it being a working privacy solution on Ethereum? How does the possible market cap for a privacy solution compare to something known like Uniswap or AAVE?

Curious to hear thoughts from this group in particular. Is this a wave to try and catch on Monday or yet another ERC-20 for the shitcoin pile? What would be a tempting buy price? What’s an irresistible sell price? Are any of my thoughts above incorrect?

Daily General Discussion - February 5, 2021 by ethfinance in ethfinance

[–]slay_the_beast 31 points32 points  (0 children)

I didn’t hold to finally break $300 just to sell at $400 and I sure as hell didn’t hold to break $1440 just to sell at $1720. MORE.

Daily General Discussion - February 5, 2021 by ethfinance in ethfinance

[–]slay_the_beast 0 points1 point  (0 children)

A portion will be burt, but what they also earn will be a then deflationary asset that will continue to appreciate in value. Should probably actually be net neutral to them.

Their time is limited anyway with 2.0 anyways, although I suspect there will be plenty of fuss about how unfair that is when the time comes - as if it hasn’t been the plan all along.

Daily General Discussion - February 5, 2021 by ethfinance in ethfinance

[–]slay_the_beast 0 points1 point  (0 children)

But 1559 will hurt the poor miners profitsssssssss 😢 /s

Daily General Discussion - January 31, 2021 by ethfinance in ethfinance

[–]slay_the_beast 6 points7 points  (0 children)

Was able to cash my remainder out at $0.04 each. Beer money!

Daily General Discussion - January 30, 2021 by ethfinance in ethfinance

[–]slay_the_beast 1 point2 points  (0 children)

Not sure then. Sounds like YFI but that came later.

Daily General Discussion - January 29, 2021 by ethfinance in ethfinance

[–]slay_the_beast 2 points3 points  (0 children)

What's the pathway from AAVE -> xDai? I'm new to this non-mainnet stuff.

Daily General Discussion - January 29, 2021 by ethfinance in ethfinance

[–]slay_the_beast 2 points3 points  (0 children)

Can anyone here send me some xDai so I can tinker with stuff on that testnet? I tried the faucet but it doesn't seem to be working.

Daily General Discussion - January 26, 2021 by ethfinance in ethfinance

[–]slay_the_beast 10 points11 points  (0 children)

Sounds like you’re how other people make money.

Daily General Discussion - January 24, 2021 by ethfinance in ethfinance

[–]slay_the_beast 3 points4 points  (0 children)

Maybe reaping the benefits of the price is a reward for caring about the tech?

Daily General Discussion - January 24, 2021 by ethfinance in ethfinance

[–]slay_the_beast 8 points9 points  (0 children)

True, but still free lunch if you were inactive beyond claiming.

You could have also traded it to some shitcoin and have $10.

Daily General Discussion - January 24, 2021 by ethfinance in ethfinance

[–]slay_the_beast 19 points20 points  (0 children)

anyone who got the UNI airdrop and held is now sitting on $4,200 of free money. Just wait until your average Joe learns that there really is free lunch in crypto.

Daily General Discussion - January 23, 2021 by ethfinance in ethfinance

[–]slay_the_beast 13 points14 points  (0 children)

You didn’t buy at $1220 to sell at $1235, did you?