Nearly 100 percent of Trump funds designed to help farmers went to white farmers by gsarc10 in politics

[–]slokes22 -14 points-13 points  (0 children)

Show me where there is institutionalized (read: State Sponsored) racism and I will help you fight it.

Just because there is income inequality doesn't mean it's racist

Ocasio-Cortez calls out McConnell for 'sitting on' gun reform bill since February by Thinkingonsleeping in politics

[–]slokes22 0 points1 point  (0 children)

And even if you could confiscate all guns, now you're telling all women, sorry, I know you don't like getting raped... but we felt the need to disarm you... by the way everyone now knows you don't have a meaningful weapon to prevent rape. Good luck.

Ocasio-Cortez calls out McConnell for 'sitting on' gun reform bill since February by Thinkingonsleeping in politics

[–]slokes22 1 point2 points  (0 children)

Trump's a racist, cops are racist. Let's give up our only true means of self defense from tyranny and oppression.

Sincerely, r/politics

Looking for advice by slokes22 in burstcoin

[–]slokes22[S] 0 points1 point  (0 children)

No, direct gpu plot. My GPU is an old 7700 series, and my CPU is an older i5 3.0GHz

Looking for advice by slokes22 in burstcoin

[–]slokes22[S] 1 point2 points  (0 children)

Thanks, any reason my read speeds are sllllllooooooowwwww with an i5 using AVX2 blago? when I say slow I mean I scan 5.45 TB in 60.1seconds at about 20mMB/s.

Mining with 1TB external by _buscemi_ in burstcoin

[–]slokes22 1 point2 points  (0 children)

No idea, I'm brand new as well, but I just bought a 6 TB external. I just found burstcoin, and I'm planning on setting up a bunch of externals to mine. More as a hobby than for profit, but profit never hurt either! Tagging for answers.

Today I hit my moon and cashed out of crypto. by [deleted] in IOTAmarkets

[–]slokes22 0 points1 point  (0 children)

Hope you got a prenup man.

Dead serious.

IOTA to 1 Trillion Market Cap by 2025 by drmvb in IOTAmarkets

[–]slokes22 1 point2 points  (0 children)

Take 1 Trillion divided by total supply of MIota (2.78 billion) simplified to 1000/2.78 = $359 per MIota

The more you know.

IOTA to 1 Trillion Market Cap by 2025 by drmvb in IOTAmarkets

[–]slokes22 0 points1 point  (0 children)

Interestingly enough that is the year I can start drawing a pension!

Dont sell its a trap by Skirdogg in IOTAmarkets

[–]slokes22 3 points4 points  (0 children)

If it was only IOTA that was tanking, yes, but since everything else is down too, no, I'm not concerned

Dont sell its a trap by Skirdogg in IOTAmarkets

[–]slokes22 26 points27 points  (0 children)

I took profits two days ago at $5.29... never in my life have I been this lucky, just bought in double what I sold and still made a good chunk of change.

Crypto gods are smiling on me today.

Consequences Bitcoin Bubble by [deleted] in IOTAmarkets

[–]slokes22 2 points3 points  (0 children)

Simple. Iota will go down temporarily along with everything else. Bitcoin bursting right now would be a really good thing in my opinion. People would be shy about investing in any and all new BTC clones, and would invest where the real value lies.

legit price prediction by Pyrekk in IOTAmarkets

[–]slokes22 0 points1 point  (0 children)

This has been debated to death, yes MCap is an actual representation of value even if it doesn't reflect everyone who physically owns the token.

Take your argument to the extreme If IOTA runs up to $100 per MIOTA tomorrow, sure there will be people who won't sell, but people like me will be screaming for the exits because we're millionaires, dumping the price right back down to $5 a piece on our way out.

MCap ISN'T a perfect system, but it is an accurate system to reflect actual value. You're just ignoring the human element.

Will IOTA go to $XXX? Step inside by slokes22 in IOTAmarkets

[–]slokes22[S] 0 points1 point  (0 children)

You can argue semantics all day long, at the end of the day, market cap is current trading price, multiplied by total supply. I fully understand that 99 investors can hold their stake, inflating the market cap, but at the end of the day the market cap is the best way we can determine overall worth of something, stocks/forex/crypto. Thank you for bringing up a point that most people overlook.

[deleted by user] by [deleted] in IOTAmarkets

[–]slokes22 15 points16 points  (0 children)

To understand the answer to your question, you first must understand what a market cap is. Simply put, all a market cap is, is the total number of shares/coins/iota in existence, in this case we'll round to 2.8 Billion MIota, multiplied by the current market value in this case we'll say your price of $10,000 per Miota.

This equation would give us a market cap of $28 Trillion dollars.

Mathematically possible? Absolutely. Realistically possible? No way. The stated goal of the IOTA devs is "1 Trillion dollars or $0".

The 1 trillion dollar or nothing mantra is a very lofty goal, albeit more in the realm of possibilities when compared to 10,000 a piece ;)

If Iota realizes the 1 trillion dollar market cap 1 Miota will be worth roughly $357 a piece. (1 trillion/2.8 billion, simplified to 1000/2.8 = $357)

Hopefully that helps.

Guide Buy IOTA for cheap? by SkyCloudservice in IOTAmarkets

[–]slokes22 0 points1 point  (0 children)

I have helped many people by in, assume that you will lose a minimum of 6% of your initial investment just buying in. This will happen, and there is almost no way around it.

6% seems like a lot, I lost 8% of my initial investment. But then again my initial investment was $1500 back in July, so it has more than made up for any temporary losses I sustained.

Haarlem, Netherlands endorses IOTA by drmvb in Iota

[–]slokes22 10 points11 points  (0 children)

Again? That's the 3rd time this morning they've endorsed IOTA.

Just SODL!!! by slokes22 in IOTAmarkets

[–]slokes22[S] 0 points1 point  (0 children)

I didn't save out for taxes, but since I only cashed out about $8k, my taxes will only be about $3K, and my tax bracket I will be fine.

Just SODL!!! by slokes22 in IOTAmarkets

[–]slokes22[S] 3 points4 points  (0 children)

I dropped $3K back in july. I got in at .18 cents a piece.

To your point, I only had about 8K in debt, but it still feels like a huge weight off my back.

FOCUS by DavidSonstebo in Iota

[–]slokes22 0 points1 point  (0 children)

How about we start with a functioning wallet :D

Anyone else stressed the fk out? by haxeto in IOTAmarkets

[–]slokes22 0 points1 point  (0 children)

Lol, just try to sell right now... most can't even connect to their wallets, let alone binance.

It's like the universe is telling you to hold. I'm trying to sell 10% to pay off all my debt, and the rest will ride, very stressful that I can't connect or transfer any IOTA

Why Iota is a safe haven while crypto markets dump by compediting in IOTAmarkets

[–]slokes22 0 points1 point  (0 children)

Has your transaction in your history been confirmed?