1
CaptainButthurt 1 point ago +1 / -0

I'm pretty sure he's taking it private. So you won't be able to own any shares.

1
CaptainButthurt 1 point ago +1 / -0

Its gold backed now so just buy gold.

1
CaptainButthurt 1 point ago +1 / -0

You should check out some DEXs too because they have even higher APRs because the dexs funds are based on all the LPs which are user funded. Ergo, when someone trades a crypto of the pair you've staked, you earn a portion of the pool. Unfortunately the fees for ETH DEXs to stake are pretty hefty but there are alternatives such as pancakeswap and soon some ADA swaps that are currently in beta testing.

2
CaptainButthurt 2 points ago +2 / -0

Im glad to admit I was wrong on this one. I expected to go up but not by this much. Nice! Hope everyone got some gains.

1
CaptainButthurt 1 point ago +1 / -0

Yeah I moved over to LINK temporarily to see if it spikes back up and past 23. MATIC is scaring me since was running very high. I figure it either comes way down or goes way up. I hate positions like that.

1
CaptainButthurt 1 point ago +1 / -0

Today's been pretty bad. Current value as I type this was 2.49. I sold at 2.55. Markets still pointing downwards. Hopefully can buy back in at 2.4 or 2.45 and make a few bucks.

1
CaptainButthurt 1 point ago +1 / -0

No they don't change that. But its not just eth. Its BNB, MATIC, and several other blockchains support NFTs now. ADA is coming soon to support DEXs and things too. The technology is going to explode soon.

1
CaptainButthurt 1 point ago +1 / -0

We already have unique records assigned to us. Its just a question of when it goes too far.

1
CaptainButthurt 1 point ago +1 / -0

Yeah any technology can be used for evil really.

2
CaptainButthurt 2 points ago +2 / -0

I imagine they could easily be used for software licenses too. Would eliminate the need to create a db of registered users for storing since the blockchain provides that. Anything that uses a unique record could be useful. Even voting systems or things like that.

2
CaptainButthurt 2 points ago +2 / -0

You can buy them cheap if you get them on the minting release. Then sell it to the dumb rich people.

NFTs are extremely useful for lots of purposes but this art stuff is just scratching the surface of their uses. But I thought the meme was funny and shareworthy

7
CaptainButthurt 7 points ago +7 / -0

The biggest hurdle facing poor people is many prefer their state of affairs and don't have the ability to not be poor.

For example: if I gave some random down trodden baby mama 50k to use as she saw fit, she'd spend it all within no time and it would be gone.

However, if I gave that same 50k to someone that is investment minded. This could be someone even middle class. They would probably grow that 50k into something useful.

You see stories all the time of poor people winning the lottery and a couple years later be totally bankrupt. Its the same situation. It takes a certain mindset to not want to be poor and break free of that condition. Anyone can do it but it does take time and effort.

I guess the best way to summarize is to say: being poor is not an economic state. It is a mental state.

7
CaptainButthurt 7 points ago +7 / -0

Clearly, you don't understand memes.

1
CaptainButthurt 1 point ago +1 / -0

You can buy NFTs on other networks of course. BNB gas prices are very reasonable and usually the most I pay is about $1 on the biggest smart contracts. But yeah gas prices need to seriously come down. I think if they can get that under control, that may solve the scalability problems too.

7
CaptainButthurt 7 points ago +7 / -0

Yeah. People making hand over fist for goofy pictures of 3d buffalos wearing hats and stuff... not sure how anyone could pay 2-4 ETH for cruddy digital art that looks like my kid made. Hmmm maybe I should have my kids mint some art and sell it for premium.

1
CaptainButthurt 1 point ago +1 / -0

I call BS on crypto part unless he put everything into meme tokens that cratered overnight which would be retarded. I have been crypto hodling for many years and more recently trading a small percentage of my hodlings and have yet to lose money long term. If you simply read up and understand the purpose of certain cryptos and upcoming events, you can make money fairly easily. And in worst case, hodl on when markets.contract.

3
CaptainButthurt 3 points ago +3 / -0

We'll see. I've seen a lot dumber things pulled off by governments before. I have zero faith in humanity so I highly expect the worst to happen.

3
CaptainButthurt 3 points ago +3 / -0

If Putin takes Ukraine in the next few months, I expect China to move on Taiwan as well. If Comrade Xiden shows he is weak on Russia, which he invariably will, Xi will use that weakness to launch an attack on Taiwan. Without American support for our ally, they may be taken quickly if China launches an airborne assault on the island. Japan may come to their aid but if the Taiwan government folds quickly and is unable to escape, that will be that. I doubt we or anyone will attempt to liberate them.

I think Ukraine will be the trigger for everything.

2
CaptainButthurt 2 points ago +2 / -0

China will invade Taiwan to get out of this position. Wars are funny that way.

3
CaptainButthurt 3 points ago +3 / -0

Yup. Hodl mode engaged. Beep bloop blerp.

1
CaptainButthurt 1 point ago +1 / -0

The LP Pools are a bit more tricky. Syrup Pools are pretty much straight staking to fuel the trades. LPs are designed to fun other crypto trades. Like converting to Tether or something. They are a lot more risky especially if you put in on some 300% APR LP because a lot of those high APRs are mainly newer and unknown cryptos. They can drop at a moment's notice and you can lose a ton of money.

Same with syrup pools when you stake on cryptos that are relatively unknown.

I had read an article stating Binance had infused Pancakeswap with $10M in capital because they were pushing the BNB Binance tokens for use in fees.

My advice is to stick to cryptos you know. Also don't put all your eggs in one basket. Spread out your investments. If something crashes and you lose, you don't want to lose everything.

1
CaptainButthurt 1 point ago +1 / -0

I like Pancakeswap the best so far since returns are high and risk is low. Ive used it just for trading too when needed and fees are very reasonable. Usually like $0.60 a trade or so.

PancakeBunny is good if you want to do both Cake and other combination revenue pools. Theres tons others too.

Pancakeswap I believe had some issues in the past with their syrup trades but those seem to be worked out now. Uniswap and Sushiswap and places are really good too but since they do most all trades with ETH, fees are insanely high ($35-$70) depending on time of day or day of week.

Also if you're trying to get some newer tokens, DEXs are usually the only way to get in on the action as most CEXs wont handle them for a while.

1
CaptainButthurt 1 point ago +1 / -0

I spent time and effort researching with small amounts then went all in. No problems here. Maybe ape need help from ape?

3
CaptainButthurt 3 points ago +3 / -0

Not possible. Everything is off the books and designed specifically to ensure anonymity. It would be costly prohibitive to track every person and their transactions. Plus the feds aren't that bright to begin with. Evil, yes. Smart, def not.

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