what app/service are you using for transactions?

6/2/2021 11:41:44 AM

I used Binance.us for the recent altcoins I picked up - here's a referral link if you want to sign up! https://bit.ly/3ciNJCF

[Edited on June 4, 2021 at 12:57 PM. Reason : asdf]

6/4/2021 12:51:36 PM

thanks obama trump.

what a POS... verbal diarrhoea all over again.

because it's competing with the dollar, that makes it a scam? wtf kind of bs logic is that? and dude was like i remember when it was 6k... yeah asshole, you just jealous you didn't buy it then, so don't call it a scam and STFU.

6/8/2021 8:37:12 AM

What's everyone buying?

Continuing to buy Bitcoin, Eth, and COMP. Picked up a few Bitcoin miners. They earn about $200 every 7 days for $30 in electricity.

7/7/2021 11:05:21 PM

links to aforementioned miners?

[Edited on July 8, 2021 at 10:24 AM. Reason : still hodling on SHIB waiting for swap. staked 70% of it and it yields pretty decently]

7/8/2021 10:23:43 AM

https://canaanavalonminers.com/product/avalonminer-1246/

7/8/2021 10:46:52 AM

Quote :

"They earn about $200 every 7 days for $30 in electricity."

Won't returns continue to diminish over time?

7/9/2021 11:09:07 AM

It did earn $200 every 10 days. It's possible. It's also possible the $200 becomes $1000 when Bitcoin goes up again. Also possible they ban Bitcoin exchanges. At worst I lose 80% the investment at this point.

Like I said years ago when people in this thread called anyone buying Bitcoin an idiot: you can go all in and yolo or you can make tons of small gambles. It's one of my small gambles.

7/9/2021 2:22:49 PM

Fair point.

7/10/2021 3:04:20 PM

Ok so the electricity is now $150/month. I had prepaid last month so that's why it was $30. Still pretty profitable.

7/10/2021 3:11:53 PM

Well that’s a pretty big change in the payback period

7/10/2021 6:57:41 PM

Yeah im probably going to be living on the street.

7/10/2021 9:25:02 PM

7/11/2021 12:48:34 AM

Quote :

"Well that’s a pretty big change in the payback period"

Is it, though? $30 every 7 days is ~$130/month. Now he said it is $150/month.

7/11/2021 12:41:24 PM

I originally thought it was $30 for a month. It's $150.

Payouts are not on a monthly schedule. When the you've earned 0.005 btc a payment is sent. I got 3 payments of 0.005 btc in a month for the cost of $150 in electricity. The electricity is fixed, the amount of Bitcoin and the dollar amount of that Bitcoin vary.

So now I get a little more than 0.02 btc ($680) a month for $150 in cost.

I generally always consider worst case. I was assuming I'd make $300 a month net and it would take closer to 2 years to pay off. Right now pay off is 6-8 months away


[Edited on July 11, 2021 at 1:02 PM. Reason : A ]

7/11/2021 12:59:32 PM

What sort of setup is required for one of these?
Where is it stored?
Any concerns about fuse/breaker issues?

7/11/2021 6:12:54 PM

the AvalonMiner 1246 says power draw is 3.4KW. so, to run this at a house you would need it on a 220 volt outlet, and of course its going to produce a lot of heat so you wouldn't want the heat coming into your house during the summer.

residential electricity cost in raleigh is $0.1264/kWh (including sales tax), so your monthly electric bill for one of those is 3.4kw*720(hours/mo)*0.1264($/kwh) = $309/mo. not sure how CaelNCSU calculated his cost at half that, maybe he's operating in a commercial location.

7/12/2021 12:11:50 PM

out of curiosity, I spent some time looking on ebay to see what miners are available, and Cael's Avalon 1246-90T is definitely a sweet deal, way more efficient than the stuff on ebay that is a few years old (such as Antminer S9).

not sure I'm yet bold enough to send $5k in BTC to purchase one but this is interesting

7/12/2021 1:31:38 PM

^ Yeah commercial. Power rate is about half that, and I've seen $0.05 a few places.

There seem to be a few commercial spots in NC/SC/KY and a few other places with warehouse/office space vacant. A couple of hosting companies have popped up (compass mining, and another one I can't remember). You send the miner to them and they manage it. Slightly different than cloud mining.

[Edited on July 12, 2021 at 4:44 PM. Reason : a]

7/12/2021 4:43:46 PM

I live in an area with lots of agriculture. Turns out one of the largest companies here is settling payments cross border with Bitcoin. They like they can do it on weekends. Neighbor is in the industry and apparently some of the migrant workers have been using crypto in lieu of western union. He holds classes for them on how to do it.

7/14/2021 11:22:42 AM

^ Ever looked into HEX or DRIP?

Already went headlong into the former a couple of weeks ago; about to dive into the latter.

7/24/2021 10:08:02 AM

Hell yeah... bull run on it seems!

LUNA has pentupled since I bought it

8/17/2021 1:50:15 PM

If someone had told me a year ago that in exactly one year I would go to an insanely loud rave until 3 am and the whole time while there, I would be buying and selling cryptocurrencies and sending them from wallet to wallet on my phone, I would have told them they were delusional

9/4/2021 5:03:59 PM

people are sending you BTC in exchange for MDMA?

9/4/2021 9:18:37 PM

No, I was sending crypto from one of my exchange accounts to another and then to my private wallet. No other people involved, and certainly no drugs involved, except for a whiskey + Coke, which was included in the ticket and which has nothing to do with the crypto.



[Edited on September 5, 2021 at 2:43 PM. Reason : I do want to try MDMA one day, but I don't know where, when, and how that will happen.]

9/5/2021 2:42:42 PM

I'll roll with you 0EPII1

9/5/2021 6:45:24 PM

The one time I tried it, cold showers and AC as low as it would go still didn’t help. Was so hot

9/5/2021 7:39:31 PM

^^ cool, let me know when!

^ damn, that's scary

**************************************

just got CSWAP and staked it, and also got MAKI and staked it.

both have APYs of ~300%.

already been staking CAKE for some months now.

9/12/2021 1:02:31 PM

https://protos.com/mr-goxx-is-a-crypto-trading-hamster-and-hes-only-slightly-underwater/

9/26/2021 10:32:16 PM

One of my acquaintances turned $500 of DOGEGF into a million in the last 2 months.

He posted his acquisition of DOGEGF early August in a Telegram channel we are both members of... should have listened to him

9/30/2021 1:29:13 PM

Hey guys and girls, want to get 10% from mining BNB daily? Yes, 10% DAILY. And if you compound, the gains will be astronomical!

Then let me introduce you to the Crypto Egg Game! I would appreciate it if you can use my referral link below (and then send your referral link to others). Here is how it works:

1) You deposit BNB into the contract (public, verified, and locked).
2) Your BNB buys you a certain number of CHICKENS that mine for BNB.
3) They will mine ~10% of your deposit daily, also in BNB.
4) Choose to reinvest (buy more chickens) or withdraw the mined BNB daily.
5) If you only keep withdrawing, your reward percentage will go down.
6) A better strategy is to reinvest 2-3 days in a row and then withdraw the next day. Then repeat the cycle.
7) Since gas fees are low, you can also reinvest twice a day if you wish.
8) If you refer other people, you will get 10% of their deposit.
9) I have been using it for 10 days now, and so far it's doing great. I just started with $50.
10) Note that you CANNOT withdraw your initial deposit; you can only withdraw the daily 10% reward. This is NOT staking.

Here is my referral link... please use it, and thank you:

https://cryptoegg.games?ref=0x8Dd3020a3Aa18c054078B883bE404b92D895c377

Open the link from inside MetaMask or Trust Wallet.

You can also see their instructions here:
https://cryptoegg.games/instructions.php.html

Don't put a huge amount in it. Start with something you are comfortable losing. If you see it working well, then put in more.

I put in $50 of BNB about 10 days ago, and have made back $32 already, but have also tripled my mining chickens. I mine 3 days and claim on the 4th, and then repeat.

Once I make the $50 initial back in another week, it is all profit from there!

Questions? Let me know.

There are over 2 dozen such miners now, for BNB, USDT, BUSD, ADA, CAKE, XRP, FTM, HEX, and more. Most give 3% a day, which is great on its own, but 3 of them give 10% a day. One is linked above, another is a BUSD one, and the third is a DOGE one.

I have a friend who has looked into their code as well to make sure there is no rugpull feature, and found it in one of the miners a week ago, and it just rugpulled today yesterday! This egg BNB one and a dozen others are safe.

10/5/2021 4:42:34 PM

holy sweet jesus

10/5/2021 5:50:54 PM

Quote :

"3330% APR"

Yea seems legit absolutely nothing sus about this.

10/6/2021 10:34:53 AM

^ I don't even know if it will last a year or not, and if it does, if the ROI will stay the same.

But FOR NOW, it IS giving ~10% daily, has been for a month. I have been using it for about 10 days like I said. Do you think I am lying about my experience? Do you think my friend who made $280 from $50 within a month is lying to me?

Man, crypto has gone so far from "crypto = bitcoin" that most people have no idea at all the craziness that can be found in the crypto space now. Another friend of mine made a $million from $500 in 2-3 months from a single token. Is he lying to me? Read my post above from 9/30.

BTW, Crypto Egg are coming out with their token soon, so seems like there IS some future longevity in store!

There at least 5 miners now that give 10% daily, and over two dozen that give 3% daily. They are all copycat codes, with minor changes.

Ride the train while it lasts. Can you afford to lose $100? $50? $10? Try it out.

I started with $50 like I said, but I am tired of watching other people put in massive amounts and me losing out, so I am going to put in 1-2 BNB ($430-860) in the next couple of days. Someone put in 69 BNB ($30,000) a week ago... is that dude just an utter clueless moron?


On that note, here is my referral, if anybody wants to kindly use, for one of the other 10% daily miners that I got into last night.

https://doge-beegame.site?ref=0x8Dd3020a3Aa18c054078B883bE404b92D895c377

This one mines DOGE. I also put in only $50 here, and guess where that money came from? From the Crypto Egg miner above!!! I want to get into the other 10% ones ASAP as well.

Like I said, put in what you can afford to lose and see what happens. If you already are in crypto and have a wallet, you probably know what to do to get money into your wallet and then into the platform. But for those new to crypto, if you need painfully detailed instructions ('Murrca has weird restrictions on crypto exchanges and you need to know how to navigate the space), let me know and I will hook you up with a Medium article written by someone from the Telegram group I am a member of where experienced crypto dudes are testing all the new miners and combing through the cods/contracts to check they are legit and don't have a 'rugpull' function'. They actually found a miner with a rugpull function in the code a week ago, and the miner just rugpulled a couple of days ago.

P.S. One of my other friends, also in the same Telegram channel, has his fingers in 30+ miners, and he is making money from all of them. He must be lying to me too!!!


[Edited on October 6, 2021 at 11:39 AM. Reason : ]

10/6/2021 11:16:22 AM

still hodling SHIB. pretty sweet rally lately. diamond hands, baby!

10/6/2021 3:12:47 PM

^^ The scheme sounds like a Ponzi and your posts read like a high pressure sales scam.

10/6/2021 5:00:33 PM

I realize this thread is about Bitcoin...which I do not know. Hear me out, maybe I can offer some insight.

I am in outside sales, which is currently salary+commission, but will move into straight commission starting at the beginning of July 2010. I have been in this position since July 2009. I have competition from several direct manufacturing sales reps, large distributors, and local distributors. Here are the advantages and disadvantages of each:

Direct Advantages: Immediate knowledge of new technology, no middle man mark up, one shipping bill (paid by manufacturer or buyer of goods), access to larger range of non-commodity items, control inventory, have access to many distributors that can effectively sell their goods which increases market share, and set prices of commodity they manufacture.

Direct disadvantages: Typically have 1-3 sales reps per region (i.e. southeast, mid-atlantic, northeast, etc.) limiting the number of accounts they can successfully manage/cold-call, lack physical customer service or physical technical service available to or affordable for smaller users or altogether, are sometimes not trustworthy because they will go in behind their distributors that sell their commodity to one account in large quantities (i.e. they missed a big account, and have found out about it through a distributor selling their particular product) which leads to the distributor not selling their product anymore, have too many distributors selling the product ultimately driving the set price down through deviations, possibly rely on distributors to actually sell the product, and competition from other direct sources.

Large distributor advantages: have access to other commodities that go hand in hand with other manufacturers (poor example- grocery stores sell milk as well as cereal), get direct pricing, many locations regionally or nationally easing the shipping burden of buyers with multiple locations, personal service either customer or technical, many sales reps that are able to cover a broader territory, access to multiple manufacturers of the same commodity allowing to keep prices in check, service programs that smaller companies can't offer and direct providers can't match in price or value, and experts of many many commodities as opposed to one or a few.

Large distributor disadvantages: smaller local distributors creating price wars (think Michael Scott Paper Co vs Dunder-Mifflin), direct mfg's going in behind and stealing business, limited access to all of the mfg's (you won't find Harris Teeter name brands in Food Lion and visa versa), can't truly set prices because it's based on both supply and demand, territory management, and tough growth prospects in slower economies (this is true for direct as well really)

Local distributor advantages: Typically a good ol' boy setting where the seller and the buyer know each other for years (this does happen at all levels, but mostly at the local level), local folks are right down the street and can be used in emergencies, if the local guy buys at high enough volumes then there is no shipping charge to the end user, and access to both direct mfg's and large distributors.

Local distributor disadvantages: easily beaten in price, array of commodities, array of technology, lack of trained staff, low cash flow, etc etc etc.

This is what I have noticed in my six months, I am sure there are plenty more that need mentioning. The way I am setting myself apart as a sales person is this: I go after the big accounts right now while I am new. The big accounts, if I land them, will take care of me while I am new and building a customer base. The money made off of those allows me to focus free time on smaller accounts that get me higher margins. I build up big accounts, I would like to have 5-10 of these, then get 20-30 medium accounts. If I lose 1 or 2 big accounts, the 20-30 medium accounts keep me afloat while I go after new big accounts. I don't really waste time on small accounts simply because they basically pay for breakfast or something really small.

I will say this, if you can't get a big account in the first 6-8 months (assuming you have cash flow that you can ride this long) you could be in a world of trouble. If you can get one, it will really make going after the others a lot more enjoyable and less stressful. It's simply just very exhausting wasting any time on anything other than big accounts in the very beginning. You work just as hard on the medium sized accounts and see 1/3 to 1/36 of the money in my situation.

10/6/2021 8:05:35 PM

Quote :

"^^ The scheme sounds like a Ponzi"

Then you don't know what a Ponzi is.

Quote :

"A Ponzi scheme (/'p?nzi/, Italian: ['pontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[1] The scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own."

Umm yeah, totally not like that.

Quote :

"your posts read like a high pressure sales scam."

I am just trying to open people's eyes to all the wonderful and unbelievable, but real, craziness in the crypto world, which as I said, hardly anybody outside crypto knows about.

You don't have to invest, and if you do, you don't have to use my referral even. But if more people invest in it, the project lasts longer and gives higher profits, just like any other crypto project/token, or indeed, even stocks and shares. So yeah, I want more people in the project because then we all make good money together.

But if you think it is a Ponzi, without knowing the definition of it, or a scam, yeah, stay out of it while others make profit.

************************************************************************************

For those interested, I have recouped my initial $50 I put into the Crypto Egg Game, and now it's all pure profit. For the DOGE Bee Game, I just started yesterday, and just now I compounded for the first time. I will compound two more days and then withdraw the following day's return. Then repeat that cycle.

10/7/2021 2:18:10 AM

Quote :

"But if you think it is a Ponzi, without knowing the definition of it, or a scam, yeah, stay out of it while others make profit."

Yea this response means it's 100% scam without needing to know anything else.

It's very simple. Where's the money coming from? How can everybody playing it possibly earn 10% daily? If the system gives 10% more funny money every day to every player, then that's massive inflation. If your investment is truly growing by 10% USD every day, there's only one answer: more marks getting draw in wit promises of riches.

That's a ponzi scheme.

Also I consider myself somewhat knowledgeable about crypto compared to the average person off the street and I can't make heads or tails of their website. It doesn't explain jack shit about how any of this is possible and reads as a sales page.

10/7/2021 8:38:37 AM

^

10/9/2021 10:57:49 PM

OPIE is into Ponzi schemes lollllllllllllllllllllllllllllllllllllll

10/12/2021 9:07:58 AM

Bought a Ponzi myself: https://coinmarketcap.com/currencies/olympus/ cashed out 75%. Bought $500 in a binance shitcoin and lost it. Anything on binance is an outright scam.

Current shit coins:
- $matic
- $sol
- $link

They make up about 8% of my portfolio. The kids tell me I'm doing it wrong. Sold compound after the hack. Dropped polkadot after I used it, will probably moon now (sold at $40). Matic works. Bridged some things and used sushi on it. Paying $0.01 fees for swaps is way better than the $60+ on main chain eth. Still not NFTs, ngmi with jaypegs.

Put a large amount in Uniswap and Sushi trying to earn fees. Didn't make that much a day. Was trying for $100/day ended up $8. Shitcoins make more but have higher risk of impermenant loss. Pairs like eth/usdc did well while I had them staked.

Mining BTC still the most profitable thing I've done in USD terms making bank. In BTC terms I'm way down. I've been mining monero for about 8 months. Since it's side ways and power cost is about the same as monero I'm probably down.

At current prices of BTC I paid about $120k given taxes and appreciation of BTC for a car that cost ~$50k when I bought a car with 2 BTC. At least the sound system is awesome.

[Edited on October 16, 2021 at 11:05 PM. Reason : A]

10/16/2021 11:05:05 PM

Oh! And lost about 20% on the crypto.com coin. Used it for most of my purchases for 6 months. With the rebates and staked earning 10% still was a loss after the value tanked from like .22 when I got the card and .18 currently. Getting money in it that wasn't crypto was also a bitch.

Got the Coinbase card which requires nothing down and earns 4% in a couple of cryptos on purchase. USDC has no fees for purchases.

10/16/2021 11:44:10 PM

Some other silly projects:

https://abracadabra.money/

https://curve.fi/

Boomer crypto:

https://compoundtreasury.com/

Olympus which seems to be a Ponzi mentioned above: https://www.olympusdao.finance/#/

Decentralized futures:

https://dydx.exchange/

[Edited on October 17, 2021 at 1:13 PM. Reason : A]

10/17/2021 1:12:31 PM

I've got a request from a friend who isn't super tech savvy, to give my thoughts on what they should know about $CAKE. I've only taken a quick review of it thus far, y'all got any pointers for me?

10/18/2021 4:03:36 PM

^ What does he want to know, how to trade/use it, or the technical aspects (tokenomics)?

It is the governance token of the PancakeSwap DEX (decentralized exchange), the second largest DEX (https://www.coingecko.com/en/dex).

Currently around $20, down from an ATH of $45 in April. Expected to reach $100 in the next 1-2 years.

You can stake it at pancakeswap.finance and earn ~75% APY.

They have regular burns to keep it deflationary.

More details here:

https://docs.pancakeswap.finance/get-started
https://docs.pancakeswap.finance/tokenomics/cake
https://docs.pancakeswap.finance/contact-us/telegram

10/19/2021 12:49:15 AM

Oh, and it is the 39th largest coin in terms of market cap:

https://www.coingecko.com/en
https://www.coingecko.com/en/coins/pancakeswap

10/19/2021 1:32:03 AM

I assumed "he" -- apologies for that.

Also, I want to clarify about the 75% APY. In cryptos, staking results in more tokens, so if you stake 100 tokens today, in a year you will have 175 tokens*.

Of course, how much those 175 tokens are worth depends on the value of CAKE at that time. If the value per CAKE is the same as when you staked, you 1.75x'd your money in a year. If the CAKE value doubles in a year, congratulations, you 3.5x'd your money.

*The staking APY doesn't stay constant. When I started staking my CAKE in May, the APY was around 130%. The total reward tokens in a staking pool are fixed in number, so when more people join the pool, naturally the APY goes down. Currently it is 72.57%. The pool does auto-compound, so it is hassle-free from that perspective. I am in some other pools that are not auto-compounding, so I have to manually compound my earnings as frequently as I can afford to, since compounding costs fees, which can range from fractions of a cent to up to a dollar or more, depending mainly on the blockchain the token is on.

10/19/2021 8:53:56 AM

it's not a he, fwiw (which is not much as it related to this matter). They are looking for non-blue chip coins to get into, and want to know if CAKE is good to get into. I need to look into staking more too.

10/19/2021 10:41:11 AM

Yes CAKE is good to get into. You can't really go wrong with any of the top 100 coins in terms of market cap, with some exception of course.

Now is the time. The market is heating up and will go up significantly in the next weeks and months.

#NFA
#DYOR

10/19/2021 11:01:58 AM