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ReidRansom posted:You know what, I'm just gonna ask here. What's with all the Barbies Ukraine-related D&D/C-SPAM idiocy.
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Jun 21, 2022 01:15
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CaptainSarcastic posted:WTF is "full protection from impermanent loss?" Are they guaranteeing that any losses are forever? "Impermanent loss" is one of the DeFi buzzwords. It's irrelevant if you aren't involved in that garbage, but it's basically when you add liquidity to a trading pair and their values go the wrong direction.
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Jun 21, 2022 01:21
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Stefan Prodan posted:Back in the day last year sometime this thing was offering literally 8000% APR, now I think it's "only" a few hundred % APR if you stake with them I’d gamble  on that, knowing I’ll probably lose it
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Jun 21, 2022 01:37
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Jun 21, 2022 01:49
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aw frig aw dang it posted:"Impermanent loss" is one of the DeFi buzzwords. It's irrelevant if you aren't involved in that garbage, but it's basically when you add liquidity to a trading pair and their values go the wrong direction. Actually, that's where shady loving options people came in. LP related things, impermanent loss, etc. Is basically options trading. So the term might be coined but that's what they are. Just worse because the math behind balancing is hosed, as they added *fees* as a benefit, which imbalance even further. There was a calc on it but the summary is even with $100k into an LP, $100 orders will cause impermanent loss quickly whenever price doesn't return exactly to neutral (and never will). It's that inefficient. Just saw the nutso maximalists post this: https://youtu.be/7daw_Piw-Vs wtf. notwithoutmyanus fucked around with this message at 02:01 on Jun 21, 2022 |
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Jun 21, 2022 01:57
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I had a lovely bit of bitcoin schadenfreude tonight Back in 2018, I had a run in with a crypto CEO called Dave Mata on Derek Smart's facebook wall, where he insulted my disability when I called his company Block Bits Capital LLC a scam.  He called me wheels due to my wheelchair, which is no biggie, but he was also hugely arrogant in his defence of his company, which was clearly a scam (back then, it was focussing on helping ICO's scam victims). I was reminded of him tonight and decided to google his company. It was good timing, as he's recently been taken to court by the SEC for fraud.  I found that old 2018 facebook thread on Derek's wall tonight, tagged Dave in the reply linking to the SEC docs and really enjoyed lol'ing at him. fuctifino fucked around with this message at 02:23 on Jun 21, 2022 |
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Jun 21, 2022 02:03
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CaptainSarcastic posted:WTF is "full protection from impermanent loss?" Are they guaranteeing that any losses are forever? I doubt any of their users have any idea what it means
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Jun 21, 2022 02:12
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fuctifino posted:I had a lovely bit of bitcoin schadenfreude tonight
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Jun 21, 2022 02:13
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is derek smart still a bit of a jerk or has he mellowed out.
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Jun 21, 2022 02:15
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titty_baby_ posted:Please tell us if/when he responds I doubt he'll post a thing now that he's actually being sued, and has no defence. If he has any sense he'll say nothing.... but.... well.... I'll be sure to update the thread if he does  Strong Sauce posted:is derek smart still a bit of a jerk or has he mellowed out. Derek is Derek. I quite like him. He's probably still and will always be a bit of a jerk.
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Jun 21, 2022 02:16
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fuctifino posted:I had a lovely bit of bitcoin schadenfreude tonight That is hilarious. It almost reads like: quote:Dillman also misrepresented to Block Bits investors that it was not a scam.
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Jun 21, 2022 02:17
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Strong Sauce posted:is derek smart still a bit of a jerk or has he mellowed out. Say his name two more times and find out.
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Jun 21, 2022 02:17
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BornAPoorBlkChild posted:the "Funds are Safu" binance ceo meme is so loving stupid it has completely solidified my hatred of these morons We'll see how many "frens" they have once they start getting rounded up by whatever entities that want their (real) money. I hate the whole thing
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Jun 21, 2022 02:24
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Zopotantor posted:Quand j′ai couru porter mon imprimante à Marinette… 
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Jun 21, 2022 02:34
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fuctifino posted:I doubt he'll post a thing now that he's actually being sued, and has no defence. If he has any sense he'll say nothing.... but.... well.... Derek Smart's Desktop Commander was my introduction to Something Awful.
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Jun 21, 2022 02:48
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I know a few people who have had really terrible business interactions with Derek Smart. I'd definitely avoid getting involved in anything he is a part of.
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Jun 21, 2022 03:00
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i think someone mentioned the Celsius short squeeze earlier, but this is truly insane https://twitter.com/EdTech_Padre/status/1538879383682818048
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Jun 21, 2022 03:05
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What exchanges are ppl shorting cel or for that matter any crypto?
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Jun 21, 2022 03:29
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Booyah- posted:i think someone mentioned the Celsius short squeeze earlier, but this is truly insane Cultists gonna cult. 
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Jun 21, 2022 03:30
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BornAPoorBlkChild posted:the "Funds are Safu" binance ceo meme is so loving stupid it has completely solidified my hatred of these morons Are you referring to this thing https://www.youtube.com/watch?v=DelF6zEHXpE Because it makes me laugh still
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Jun 21, 2022 03:43
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situation normal, funds safu
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Jun 21, 2022 03:43
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Savings All Funged Up 
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Jun 21, 2022 03:54
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I accidentally broke a new pair of glasses that I ordered online recently and I was really depressed that I was out like $35 or whatever but then I remembered this thread and these folks and it helped me mentally contextualize/compartmentalize my loss. Thanks for the healing, posters itt (I’m being 100% sincere)
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Jun 21, 2022 04:02
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fuctifino posted:I had a lovely bit of bitcoin schadenfreude tonight What a piece of poo poo. And good job!
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Jun 21, 2022 04:32
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syntaxfunction posted:Savings All Funged Up i think my doge is sick
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Jun 21, 2022 04:38
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Shaocaholica posted:What exchanges are ppl shorting cel or for that matter any crypto? Many exchanges like Binance allow you to short sell crypto (and do put options as well). They only allow it for specific large coins like BTC and Eth so I doubt they allow CEL, although someone who is touching the poop needs to confirm if CEL is offered to borrow. Regardless if it's even possible, scammers are screaming "massive short attack!" so that idiots throw even more money into buying CEL to try and save the funds that were already rug pulled (while not being able to withdraw anything).
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Jun 21, 2022 05:00
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Shorting CEL at this point is pointless as it's already at rock bottom. Anyone who thinks a CEL short squeeze will happen is even more delusional than the GME folks, who are already ludicrous caricatures of a day trader.
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Jun 21, 2022 05:34
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CaptainSarcastic posted:That is hilarious. It almost reads like: Holy poo poo, if this David is who I think it is, I worked with him back in the day on some game dev poo poo. Can't say I'm terribly surprised he's in crypto and now this. LoL small world.
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Jun 21, 2022 05:45
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Heath posted:Are you referring to this thing Bizonacci was the best thing to come out of bitcoin
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Jun 21, 2022 06:10
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Anyone wants to guess what happens to BTC tomorrow morning when the regular markets open again? I'm guessing we'll be seeing $17k again (or lower) within a day. If all these whale accounts and coin exchanges have been washing the return to $20k like has been speculated, then a hearty LOL.
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Jun 21, 2022 06:38
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The death of the Bogdanoff twins hit me hard https://www.youtube.com/watch?v=UGnbiBDmuBI
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Jun 21, 2022 06:46
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https://twitter.com/ted_ds/status/1539056984166645760?s=20&t=swjQiu6zmtcC5U193Dy99w
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Jun 21, 2022 07:01
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Ahaha, ayyy, it's your boy... uhh, https://twitter.com/cz_binance/status/1538967795953704965
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Jun 21, 2022 08:06
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I can’t wait until they’re both underwater.
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Jun 21, 2022 08:33
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GodDamnArtist posted:Holy poo poo, if this David is who I think it is, I worked with him back in the day on some game dev poo poo. Yeah, it'll 100% be the same guy. I think games dev is how Derek knows him.
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Jun 21, 2022 09:25
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fuctifino posted:I had a lovely bit of bitcoin schadenfreude tonight 
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Jun 21, 2022 10:49
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notwithoutmyanus posted:
Why is this guy shouting in an empty room
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Jun 21, 2022 11:18
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Why's the fuckin number going up and not down 
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Jun 21, 2022 12:10
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Number went below $20k, people trying to pump so it doesn't go completely flat immediately. Stays under $20k for too long and for a lot of people it's over. The people with cash still in it can't let that happen, so they're doing as much as they can to keep it above.
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Jun 21, 2022 12:13
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lol watch this stupid dumbass bullshit jump to $100k by the end of the year. Nothing good ever happens.
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Jun 21, 2022 12:16
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