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11-08-2021, 08:02 PM
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#3626 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
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^ Currency and financial markets... I'm not even into it, it's too techy for me I can't wrap my mind around half of it... but I laughed the other day when I saw a FA white-faced on TV trying to cling to telling people to engage their FA for their lifetime of annual 3-4% gains while he knows full well what kind of money people are making without an FA these days...
In the end, he said he suggests clients devote 5% of their investments to crypto... I know it must have hurt him to say that since he won't make anything from it, but the fact they're willing to "give" that 5% away to avoid looking stupid shows what a force that medium has become and will continue to become.
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11-08-2021, 08:17 PM
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#3627 | | I Will not Admit my Addiction to RS
Join Date: Jan 2011 Location: VANCOUVER
Posts: 518
Thanked 991 Times in 132 Posts
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What are your guys' thoughts on BTC/ETH ETFs?
I understand "not your keys, not your coins" , but I still have about 40K of room in my TFSA (didn't understand the use of TFSA until my late 20s huehuehue)
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11-08-2021, 08:47 PM
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#3628 | | in the butt
Join Date: Aug 2016
Posts: 3,136
Thanked 4,122 Times in 1,470 Posts
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Put into tfsa > pay tax when you pull, no rugpull risk, non liquid cashmoneys
Put into wallet > no tax but might get wallet rugpulled, liquid cashmoneys
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by BIC_BAWS
God, women in their early 30s are so baadd lmfao
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11-08-2021, 09:10 PM
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#3629 | | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
Posts: 17,130
Thanked 8,164 Times in 3,833 Posts
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| Quote:
Originally Posted by Hondaracer  The future of what | Finance/currency anything digital including art/music/movies/games and many other things.
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Until the lions have their own historians, the history of the hunt will always glorify the hunter. | |
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11-08-2021, 09:22 PM
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#3630 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
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Younger kids like my niece and nephew they don’t want to own anything they play with toys but they care more about virtual items and see value in that… it’s hard for me to wrap my mind around cuz I am a big collector of stuff but yah they care way more about virtual rare items on their games and stuff than collecting actual cards or whatever
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11-08-2021, 09:38 PM
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#3631 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
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I guess it's like how we were with diablo or world of war craft items
We were into it and wanting to look unique, but the thing with those is we quickly stopped caring
It seems with the latest and ensuing gens tho is that they're into it for a lot longer
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11-08-2021, 09:40 PM
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#3632 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
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| Quote:
Originally Posted by Manic! $1500 with gas and fees around $1720. | Any new thoughts about olympus DAO staking?
I think I'll throw some into it, but sooo iffy on it still
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11-08-2021, 09:56 PM
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#3633 | | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
Posts: 17,130
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| Quote:
Originally Posted by StylinRed Any new thoughts about olympus DAO staking?
I think I'll throw some into it, but sooo iffy on it still | Im trying so stake klima now. it's a little more work but I should have it done tomorrow. Will post about it then. Have 1.280055265 ohm now started with 1.229 ohm 1:05 PM on the 5th.
__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter.
Last edited by Manic!; 11-08-2021 at 10:18 PM.
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11-09-2021, 01:48 AM
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#3634 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
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Metamask doesn't show up as an option when I click connect wallet on the olympusdao page :/
Edit: so I was able to connect with metamask thru my desktop, couldn't do it thru my phone, which is odd to me, but oh well got it working
FYI 8000% is only going to last until Jan 4th and then it's expected to dip down to 1000%
Last edited by StylinRed; 11-09-2021 at 02:10 AM.
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11-09-2021, 09:02 AM
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#3635 | | I Will not Admit my Addiction to RS
Join Date: Sep 2006 Location: Richmond
Posts: 540
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decided to make a visit back here. Thanks Manic for getting it and I hope the 2 who failed bought back in at some point lol
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11-09-2021, 12:00 PM
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#3636 | | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
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Something world changing is happening right now. Olympus DOA has a market cap of 3.9 billion and it's like 6 months old. Thats just a small part of the crypto space. Remember dial up internet? That's where we are now. Back then who would of thought one of the worlds richest men would be a guy who sold books online. 
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Until the lions have their own historians, the history of the hunt will always glorify the hunter. | |
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11-09-2021, 12:14 PM
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#3637 | | My homepage has been set to RS
Join Date: Mar 2004 Location: East Van
Posts: 2,160
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But also remember the dot com bust. Some online companies emerged out of it, but many others went bankrupt. I feel we are headed down the same path. It will be interesting to look back at this in 10 to 20 years.
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11-09-2021, 05:04 PM
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#3638 | | Proud to be called a RS Regular!
Join Date: Nov 2013 Location: YVR
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The thing with crypto and many other investments is that somehow people need a justification of why something is pumping or dumping and try to 200 IQ the situation. Can someone explain why TSLA is worth 1T marketcap? Or why housing is booming? Why are gold and silver stagnant? The reason doesn't really matter, what's important is identifying a trending market and following that trend. If you wanna be the 200 IQ guy and miss out on life changing gains because the market doesn't make sense, that's your call but I'd rather just follow the herd and 50 IQ it.
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11-09-2021, 05:28 PM
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#3639 | | in the butt
Join Date: Aug 2016
Posts: 3,136
Thanked 4,122 Times in 1,470 Posts
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Olympus ohm is a 2000s beanie baby
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by BIC_BAWS
God, women in their early 30s are so baadd lmfao
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11-09-2021, 07:46 PM
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#3640 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 13,728
Thanked 34,419 Times in 8,223 Posts
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| Quote:
Originally Posted by moldex The thing with crypto and many other investments is that somehow people need a justification of why something is pumping or dumping and try to 200 IQ the situation. Can someone explain why TSLA is worth 1T marketcap? Or why housing is booming? Why are gold and silver stagnant? The reason doesn't really matter, what's important is identifying a trending market and following that trend. If you wanna be the 200 IQ guy and miss out on life changing gains because the market doesn't make sense, that's your call but I'd rather just follow the herd and 50 IQ it. | All of those things are supply and demand.
The difference between all of those and crypto, is all of those things are tangible. I'm not saying I won't/haven't invested in crypto, just because it's stupid. Just saying eventually, you keep following the 50IQ model you're going to run out of luck at some point.
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98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | |
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11-09-2021, 09:27 PM
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#3641 | | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
Posts: 17,130
Thanked 8,164 Times in 3,833 Posts
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Before I talk about staking klima I got a perfect use for NFT's. Your car. Imagine your car had an NFT with all the paperwork and a digital key. When you go to sell the car the person buying just buys the NFT and the car is transferred to them. No need to go to the bank or an insurance agent. Every single time the car is sold a record is kept on the ledger.
Now staking Kilima.
This took some work. I needed some Matic so I could swap it for Klima. Matic exists on the Ethereum network and the Polygon network. Metamask allows you to swap eth for Mactic but thats on the eth network and I need it on the Polygon network. So I opened an account on the hotbit exchange. Sent eth to hotbit, converted it to USDT and traded it for Matic. Now because my account was new I had to wait 24 hours before I could withdraw it.
24 hours later I connected to the Polygon network in Metmask and sent my Matic. then I went to Sushiswap and swaped my Matic for Klima. Then I went to the klima website to stake. Big problem, the gas fee of around .90 cents was in Matic and I did not have enough Matic. FUCK!!!!!! So I sent .03 eth to hotbit for a gas fee around $20. Converted eth to USDT and then USDT to Matic. Sent Matic to my Metamask wallet but nothing showed up. I had no I idea what was going on. The transaction was pending for 5 hours. Finally use Sushiswap to swap most of my Matic to Klima the staked it. None of my staked Klima showed up on Metamask. Quick google said I have to import the token. Did that and now I am earning 35960 APY and helping remove co2 from the earth.
__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter. | |
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11-09-2021, 10:10 PM
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#3642 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
Posts: 25,679
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That's what I hated about olympus the jumping around exchanges n all the gas fees
I'd be interested in klima n wonderland too but the thought of getting it done is like ugh
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11-10-2021, 02:41 AM
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#3643 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 54,447
Thanked 25,345 Times in 8,868 Posts
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Originally Posted by StylinRed It seems with the latest and ensuing gens tho is that they're into it for a lot longer | Curious what brought you to this conclusion?
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11-10-2021, 03:17 AM
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#3644 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
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Games seem to be sticking around longer, like roblox. There are more collectibles/toys which are virtual rather than physical, like trading cards, n these toys which r physical but u don't really use, u simply plug em into a gaming system to play with a virtual character
kids just seem more accustomed to virtual items, and their virtual toys seem to be lasting as long as our physical toys did, rather than being short lived, like our stint at X mmorpg items
Just basing it off of my nephews nieces n god kid
I looked at virtual items with a different context than they do I guess, I looked at them as a short lived interest that would soon be replaced/forgotten/deleted, and it seems like they look at their virtual items as we did our cherished childhood toys, something we may quickly replace, but hold onto for life
Sorry if I'm incoherent it's 4am  | |
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11-10-2021, 08:48 AM
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#3645 | | I contribute to threads in the offtopic forum
Join Date: Jun 2013 Location: Burnaby
Posts: 2,595
Thanked 3,053 Times in 827 Posts
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Originally Posted by moldex The thing with crypto and many other investments is that somehow people need a justification of why something is pumping or dumping and try to 200 IQ the situation. Can someone explain why TSLA is worth 1T marketcap? Or why housing is booming? Why are gold and silver stagnant? The reason doesn't really matter, what's important is identifying a trending market and following that trend. If you wanna be the 200 IQ guy and miss out on life changing gains because the market doesn't make sense, that's your call but I'd rather just follow the herd and 50 IQ it. | The biggest gainers in this year are those who just APED into the market, low IQ and all.
"Let's throw $1k at DOGE/SHIBA" Boom, millionaires.
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11-10-2021, 08:54 AM
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#3646 | | I contribute to threads in the offtopic forum
Join Date: Jun 2013 Location: Burnaby
Posts: 2,595
Thanked 3,053 Times in 827 Posts
Failed 412 Times in 112 Posts
| Quote:
Originally Posted by Manic! Before I talk about staking klima I got a perfect use for NFT's. Your car. Imagine your car had an NFT with all the paperwork and a digital key. When you go to sell the car the person buying just buys the NFT and the car is transferred to them. No need to go to the bank or an insurance agent. Every single time the car is sold a record is kept on the ledger.
Now staking Kilima.
This took some work. I needed some Matic so I could swap it for Klima. Matic exists on the Ethereum network and the Polygon network. Metamask allows you to swap eth for Mactic but thats on the eth network and I need it on the Polygon network. So I opened an account on the hotbit exchange. Sent eth to hotbit, converted it to USDT and traded it for Matic. Now because my account was new I had to wait 24 hours before I could withdraw it.
24 hours later I connected to the Polygon network in Metmask and sent my Matic. then I went to Sushiswap and swaped my Matic for Klima. Then I went to the klima website to stake. Big problem, the gas fee of around .90 cents was in Matic and I did not have enough Matic. FUCK!!!!!! So I sent .03 eth to hotbit for a gas fee around $20. Converted eth to USDT and then USDT to Matic. Sent Matic to my Metamask wallet but nothing showed up. I had no I idea what was going on. The transaction was pending for 5 hours. Finally use Sushiswap to swap most of my Matic to Klima the staked it. None of my staked Klima showed up on Metamask. Quick google said I have to import the token. Did that and now I am earning 35960 APY and helping remove co2 from the earth. | Damn. That's a lot of work.
I have some money in my Binance Smart Chain and I can't even access it.. lol There's no way i'll be able to do what you did.
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11-10-2021, 09:34 AM
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#3647 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,509
Thanked 3,373 Times in 1,486 Posts
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My cousin dabbles in Uniswap and all that.
Back in 2017 I used to play with Etherdelta and Metamask, but I can't be bothered to do all these things anymore.
If it's not on Binance I won't even take another glance..
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | 
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11-10-2021, 08:05 PM
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#3649 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
Posts: 8,150
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Originally Posted by BurnoutBinLaden I bought some bitcoins when they were $11/btc through cavirtex.com.
Now they're at $35/btc so I might hold onto them or invest-but they were $35 18 months ago, and then the price plummeted.
Bitcoin mining is not recommended unless you have an extremely powerful PC-find odd jobs that pay in bitcoins, or just buy them with cash. | Quote:
Originally Posted by Manic! where they not like a buck each last year? | Quote:
Originally Posted by ryugeeh Been mining for a year now on my single 7970, made quite a bit with the recent spike @$40USD/BTC. Not worth it anymore to GPU mine. | Quote:
Originally Posted by rsx Is this a gaming currency? I'm lost =/ | Quote:
Originally Posted by Boostaholic |
the first few posts on this thread from 2013. accidently clicked the first page. boy $35/btc - hope these guys are laughing to the bank.
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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11-10-2021, 09:54 PM
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#3650 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
Posts: 25,679
Thanked 10,395 Times in 3,918 Posts
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Think there's an even older btc thread in the computer forum
I remember finding it to be super sus back then hell I found it sus even this Yr but would've been nice to have at least thrown a few bucks at it back then
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