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20th September 2021, 18:34 | #881 | |
A mariachi ogre snorkel
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20th September 2021, 18:37 | #882 |
Architeuthis
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This fuckin' guy. Trolling but, deep down, also kinda serious.
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21st September 2021, 17:32 | #883 | |
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Stay shook. No sook. |
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21st September 2021, 19:57 | #884 |
A mariachi ogre snorkel
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Bumped back to where they were, what, 10 days ago?
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22nd September 2021, 14:48 | #885 |
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Bit further back than that now. It'll keep on bouncing, no doubt.
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Stay shook. No sook. |
22nd September 2021, 15:35 | #886 |
A mariachi ogre snorkel
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Of the coins I watch the movements that have caught my eye in the past couple of months are:
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2nd October 2021, 18:37 | #887 |
A mariachi ogre snorkel
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8th October 2021, 03:13 | #888 |
A mariachi ogre snorkel
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This is interesting, in a "is blogging cool again" kinda way:
https://mirror.xyz/ Basically... blog hosting on the Ethereum blockchain. It seems to work. |
10th October 2021, 18:15 | #889 |
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What I'm really hanging out for is full transparency consumerism.
The experience I have now is if I want a product, I do a series of searches to get a sense of what availability there is, at what price range. Depending on the product I might look local first, if only for shipping costs, but in many cases cause I'd be happy to support local. I might pay marginally or even significantly more for something local, depending on the product. What I'd like in that process is to be able to exclude products from as choices. Like, show me every product of this kind, except ones that are shipped through these channels, or produced by these suppliers, transported through these regions, etc. Partly to exclude drop-shippers, or even genuine wholesalers who buy through a sketchy industry or logistics systems. But I think there's lots of scope to be able to more easily manage your purchasing priorities, get better consumer results. My experience right now is there's sometimes considerable diverse purchasing options, which is great, but sometimes that's obfuscating too. You'll see the same exact product for a variety of prices, through a variety of channels, of varying degrees of legitimacy. Rarely but certainly outright scams, to merely questionable reliability, to good faith consistent service, at least up to that point. I'm at least quite often left with a feeling of uncertainty I actually made a reasonable purchasing decision. Maybe that super cheap option was legitimate? Maybe I could have gotten it shipped in half the time? Maybe I shouldn't have chosen Amazon? Etc. Just gotta get it all on the blockchain.
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Stay shook. No sook. |
11th October 2021, 11:28 | #890 |
Architeuthis
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Diehl has not considered money laundering, ransomware, and trading for illegal shit on the darkweb. Crypto: the future of crime. |
11th October 2021, 11:44 | #891 |
A mariachi ogre snorkel
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Every time I move money between countries I thank the crypto gods for that use case.
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11th October 2021, 14:27 | #892 | |
Architeuthis
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11th October 2021, 20:15 | #893 |
A mariachi ogre snorkel
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When I do that I use Stellar Lumens (XLM).
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12th October 2021, 07:23 | #894 | |
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12th October 2021, 10:14 | #895 |
Architeuthis
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Stellar uses stablecoins like USDC for fiat conversion. So, you're exposed to the inherent risk in using that coin. This is why full transparency in the backing of stablecoins is important - if the coin falls over then downstream users get fucked.
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12th October 2021, 12:04 | #896 |
A mariachi ogre snorkel
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Say someone puts $10 in my NZ bank and I want to use that money here in Australia. Previously I would have had to order a telegraphic transfer between my nz bank and my au bank, so I’d have to call a branch in Nz and talk to a bank manager and get told that there’ll be a $100 fee for moving my $10 and it might take 5 working days.
Now I log into a nz crypto exchange and buy $10 of XLM and it shows up in my XLM wallet. Then I log into an au crypto exchange and I buy AUD with the XLM that’s in my XLM wallet and I transfer the AUD to my au bank and now I have it. Time elapsed, maybe 60 seconds. Maybe 2mins. Costs: let’s be extravagant and say a huge 1% of the transactions at each end, so… 20 cents. Perhaps the difference between buy price and sell price eats another 10 cents. End result: I have $9.70 in my pocket in 60 seconds, instead of nothing at all because who’d pay $100 and 5 days to move $10? |
12th October 2021, 13:29 | #897 |
Architeuthis
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^ If you're buying and selling XLM directly then you're subject to potentially severe price fluctuations. XLM has lost up to a third of its value in a couple of days during market crashes. Also, the cashing-out process at the AU end is not likely to be instantaneous unless you're using the same bank as the crypto exchange. Finally, crypto exchanges are often on thin ice with their banks and large transactions may attract a high level of scrutiny.
TBH, Paypal more or less addressed the problem over 20 years ago and because it's a centralised service it removes many of the moving parts and risks (i.e. multiple crypto exchanges and their liquidity levels). The higher fees are the price you pay for greater assurance. |
12th October 2021, 14:10 | #898 |
Architeuthis
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If you could exchange XLM directly for goods and services at point of sale, and it was widely accepted by merchants, and its price was extremely stable.. that would be real progress. I suspect that the central bank digital currencies of the future would eventually cockblock this by regulating non-state cryptos out of existence.
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12th October 2021, 15:27 | #899 | |
A mariachi ogre snorkel
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Of the au exchanges I’ve used the AUD transfer times range from “by the end of the business day” (eg coinspot) to “instant” (eg binance). I like instant. |
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12th October 2021, 15:59 | #900 | |
A mariachi ogre snorkel
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https://www.coinjar.com/au/card It's still tied to the trad banking system though. |
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14th October 2021, 20:49 | #901 |
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Ξ √ Ω L U T ↑ ☼ N وكل يوم كنت تعيش في العبودية |
16th October 2021, 11:06 | #902 |
A mariachi ogre snorkel
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BTC ATH about 30mins ago.
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16th October 2021, 14:50 | #903 |
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Dat bounce just keeps getting higher and higher.
__________________
Stay shook. No sook. |
19th October 2021, 04:18 | #904 | |
A mariachi ogre snorkel
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19th October 2021, 14:31 | #905 |
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I thought the finding that tether only had 25% USD cash reserves and co mingled their corporate accounts with the tether accounts would have more of and impact than it did. Total disconnect from reality....to the moon!
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21st October 2021, 14:04 | #906 | |
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https://twitter.com/trustlessstate/s...213588483?s=21
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but what would I know? |
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21st October 2021, 14:34 | #907 |
Architeuthis
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Last edited by Ajax : 21st October 2021 at 14:35. |
21st October 2021, 14:35 | #908 | |
Architeuthis
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21st October 2021, 15:30 | #909 |
A mariachi ogre snorkel
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Tether is just so fucking dodgy, I feel awful every time I use it. I feel like I've had to accept counterfeit currency in order to trade with someone who won't accept anything else.
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28th October 2021, 03:06 | #910 |
A mariachi ogre snorkel
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Bit of a dip today, nothing to get excited abou--
https://twitter.com/HsakaTrades/stat...77837897699335 oops. |
28th October 2021, 09:54 | #911 |
Architeuthis
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Something very strange going on with $SHIB - probably a pump and dump.
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28th October 2021, 10:47 | #912 |
A mariachi ogre snorkel
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When a shitcoin like that does +1000% in a month, you know someone’s going to get burned.
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1st November 2021, 09:54 | #913 | |
Laserman
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from $0.01 to $37 with no selldowns $28b market cap in less than two weeks for what? https://charts.bogged.finance/0x8723...7A2A83012e9Bc5 how you may ask? because you can't actually sell the coin once you buy it gottem
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Are you slow? The alleged lie that you might have heard, me saying, allagedly moments ago... That's a parasite that lives in my neck. |
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1st November 2021, 10:29 | #914 | |
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You often get this sort of thing happening as soon as they're allowed to sell. You might find the founders of the coin will sell before opening it up, which is what happened to Lava, resulting in this.
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ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ |
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1st November 2021, 15:31 | #915 | |
A mariachi ogre snorkel
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So there was a USD 60M rugpull last night on a coin called "AnubisDAO", and the totally sane rational investors don't know how this could have happened, as they did their own research:
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1st November 2021, 23:50 | #916 | |
Laserman
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Quote:
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Are you slow? The alleged lie that you might have heard, me saying, allagedly moments ago... That's a parasite that lives in my neck. |
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2nd November 2021, 00:27 | #917 |
Laserman
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https://www.reddit.com/r/CryptoCurre...st_got_pulled/
this fellow livestreamed the rugpull lolz https://www.reddit.com/r/LivestreamF...id_game_token/ peaked at like $2800 per coin, from around 1c at launch on 26th october $2.1 trillion market cap in a week, and then to zero in a second GG, quite epic
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Are you slow? The alleged lie that you might have heard, me saying, allagedly moments ago... That's a parasite that lives in my neck. |
2nd November 2021, 00:52 | #918 |
A mariachi ogre snorkel
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So what you’re saying is… buy the dip?
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2nd November 2021, 02:20 | #919 |
HENCE WHY FOREVER ALONE
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I hate fiat so much I try to make a lot of fiat.
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Finger rolling rhythm, ride the horse one hand... |
2nd November 2021, 08:35 | #920 |
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Lmao. Do you want regulators to step in? Because this is how you get regulators to step in.
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ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ |