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Showing 20 of 184 results by BurgerCash
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Topic
Board Altcoin Discussion
Re: Do you dump your SUSHI tokens immediately to stake more WBTC?
by
BurgerCash
on 25/03/2021, 13:01:54 UTC
in fact, in my opinion at the moment it is not convenient to do farming instead it is better to sell all the possible altcoins and buy bitcoin the gains are much greater
That's definitely not true unless your yields are 10% or so.
We're still in alt season and we will remain so until the bear, by the looks of it.
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Topic
Board Altcoin Discussion
Re: Do you dump your SUSHI tokens immediately to stake more WBTC?
by
BurgerCash
on 19/03/2021, 09:58:54 UTC
I'm farming on Quickswap and Sushiswap and it never occurred to me how much I'm losing by not dumping immediately for more wBTC.

https://chainbulletin.com/how-to-optimise-apy-for-liquidity-mining-rewards/

But if everyone thought like me then how in the world does SUSHI token and the rest of them (QUICK also) still be valued high?

What is the value of UNI, QUICK and SUSHI? Why are people hording them when they are meant for dumping?
Imagine you have around 10% of total supply of coin, what will and can you do if you have enough capital both in coin and fresh money? manipulation.
it happened with many project, at first the whale accumulating the coins and then pressuring the price so we are forced to sell it to get profit.
after they have enough, you should see a massive upward movement in price.
from where the value comes from? it is from speculation, we are speculating the price will go because of something or the opposite. crypto is mostly based on speculation that is why it is easy to be manipulated.
That's true. But still, if I was a whale, I'd accumulate some low-cap coin with actual value instead, this should bring better profits.
Post
Topic
Board Altcoin Discussion
Topic OP
Do you dump your SUSHI tokens immediately to stake more WBTC?
by
BurgerCash
on 18/03/2021, 16:36:10 UTC
I'm farming on Quickswap and Sushiswap and it never occurred to me how much I'm losing by not dumping immediately for more wBTC.

https://chainbulletin.com/how-to-optimise-apy-for-liquidity-mining-rewards/

But if everyone thought like me then how in the world does SUSHI token and the rest of them (QUICK also) still be valued high?

What is the value of UNI, QUICK and SUSHI? Why are people hording them when they are meant for dumping?
Post
Topic
Board Bitcoin Discussion
Topic OP
Satoshi Nakamoto Lived In London While Working On Bitcoin + proof
by
BurgerCash
on 25/11/2020, 08:12:49 UTC
Pretty surprising research.

https://chainbulletin.com/satoshi-nakamoto-lived-in-london-while-working-on-bitcoin-heres-how-we-know/

Seems consistent with Barely Sociable's youtube video.

Do you guys think that this is further proof of Adam Back being Satoshi, or would you consider someone else?

It is also interesting that Craig Wright chose London when trying to scam people into believing he's Satoshi - do you guys think he knew more than the public, making his scam more elaborate?

These are some pretty exciting revelations.
Post
Topic
Board Tokens (Altcoins)
Re: [ICO ENDED] Jarvis Network - set of protocols for DeFi
by
BurgerCash
on 19/05/2020, 13:21:34 UTC
💰 In January we released our articles about staking JRT, well now it is time to step up the game. ⬆️⬆️

✅ We present you the second layer of Jarvis staking rewards - 🔥 pool sponsoring 🔥

➡️ Stake your stablecoins on Aave and receive bonuses from Jarvis!💰💸

https://medium.com/jarvis-network/pool-sponsoring-76cca00c2713
I'm curious - if I decide to stop sponsoring via Aave, how can I ask to start receiving my interest in my own account? Is this a one-way street? The medium post suggests that one can switch back and forth but I only see the green button for providing funds.
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Topic
Board Bitcoin Discussion
Re: Jihan Wu is no longer CEO of Bitmain
by
BurgerCash
on 11/04/2019, 19:38:43 UTC
I wonder if they are preparing him to lead the company after one or both of them require, it is certainly a possibility.
I guess it depends on his performance. They were clearly happy with his skills as an engineering lead, but being a CEO is a whole new ballpark. Hopefully it works out for all of them.
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Topic
Board Bitcoin Discussion
Re: Jihan Wu is no longer CEO of Bitmain
by
BurgerCash
on 29/03/2019, 12:54:08 UTC
I think it's fairly obvious that Jihan is simply tired of dedicating his entire time to the company, and he trusts the engineering lead (or whatever his position was) to not mess up the time consuming tasks.
The future direction of Bitmain will still be dictated by Jihan.

I think the most bullish aspect is that they didn't simply file for an IPO for 10 billion instead of 16 - which they would have succeeded at. Jihan clearly thinks that the IPO investors are underestimating the price of crypto and is willing to wait enough to prove them right. If he is correct, this is bullish for all of crypto.
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Topic
Board Bitcoin Discussion
Re: Tim Draper Encourages Argentina’s President to Legitimize Bitcoin
by
BurgerCash
on 26/03/2019, 20:38:28 UTC
So, if he's right again, BTC at half a million dollars?  Shocked
He's a permabull who predicted 35k last year. Permabull opinions are as valuable as permabear opinions. But I'm glad he's taking action and working towards a brighter future for btc.
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Topic
Board Bitcoin Discussion
Re: CoinMarketCap faking volume
by
BurgerCash
on 26/03/2019, 20:36:38 UTC
this is not news, I believe that more than 80% of people have already witnessed the strange phenomena of the coinmarketcap volumes, so in my opinion most people already know that coinmarketcap does this. I keep using coinmarketicap to get access to majorities of Bitcoin ANN Thread of the Altcoin for being something that facilitates me a lot


Imho all Coinmarketcap does is take API data from exchanges and remove volume data which is gained through 0fee or other types of incentivized trading. If anyone is faking volume, it's exchanges themselves - https://chainbulletin.com/blockchain-transparency-institute-report-over-80-of-top-btc-pair-trading-volume-is-fake/
Post
Topic
Board Speculation
Re: What will happen when the stock market crashes?
by
BurgerCash
on 26/03/2019, 20:34:14 UTC
It will be interesting to see for sure.
On one hand we can guess based on gold's performance back then - which was absolutely nothing special.
On the other - it would take significantly less fiat money to substantially bump BTC.
Definitely holding crypto until it happens, even if BTC is a negligible portion of my portfolio.
Post
Topic
Board Speculation (Altcoins)
Re: I think the market is becoming bullish..What do you think
by
BurgerCash
on 23/03/2019, 14:41:59 UTC
I think the market has always been bullish, we were just spoiled by 2017 when every purchase was guaranteed profit - which is not bull market, but more of an insane market - one that we'll probably never see again.
Post
Topic
Board Speculation (Altcoins)
Re: Will the Bitcoin Cash rise quickly?
by
BurgerCash
on 23/03/2019, 14:41:00 UTC
Peter Rizun is probably the most eloquent scientist to have ever worked on Bitcoin, so his public debates were definitely a great boost for BCH - but he has a lot of real world things to worry about so he won't suddenly become a spokeperson for BCH.
I think the price will correct downwards at least until there's some network upgrade hype.
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Topic
Board Altcoin Discussion
Re: Does Altcoin price depend on BTC or ETH??
by
BurgerCash
on 23/03/2019, 14:39:13 UTC
Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.
The answer is simple, regarding the sphere or cryptocurrency the big influencer is Bitcoin, conforming with the prove evolution of BTC the others coins go up or down.
Bitcoin really is the driver of the market's beta, but there's enough reasons to look for alpha in fundamental analysis. I still think that ERC20 tokens are more influenced by ethereum and only indirectly influenced by BTC - as BTC itself influences ETH's price.
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Topic
Board Altcoin Discussion
Re: Sweden on track to stop using cash by 2023
by
BurgerCash
on 22/03/2019, 15:45:25 UTC
This is part of their efforts to track EVERY money transfer. This is as anti-bitcoin as it can get, and have no doubts - they're coming for us next. This news is not to be celebrated.
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Topic
Board Altcoin Discussion
Re: The Cryptopia fiasco - Only 77 of 459 projects secured
by
BurgerCash
on 22/03/2019, 15:44:33 UTC
https://chainbulletin.com/cryptopia-sheds-light-on-the-amount-of-funds-stolen-by-hackers/

With the amount of funds stolen by hackers being no more than the exchange's income, I think we might see cryptopia live at one point. NZ Government is looking closely so I don't think there's a big chance that owners can run with the money - they'll cover the cost of the hack which is not small. But I do believe cryptopia will return as a solvent exchange, even if it loses all credibility and needs to close down eventually it will repay all user's funds.
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Topic
Board Altcoin Discussion
Re: How to recognize a good time to sell a coin?
by
BurgerCash
on 22/03/2019, 15:41:55 UTC
No pump lasts forever.
And very few pumps have lasted for more than 2 days in the bear market (Factom being an exception).
If I see solid green, I sell even if I believe in the coin - because I know I will have the chance to rebuy it cheaper.
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Topic
Board Altcoin Discussion
Re: Does Altcoin price depend on BTC or ETH??
by
BurgerCash
on 22/03/2019, 15:40:55 UTC
It's a good question, and if you look closer you'll see that ERC20 price movement is more in line with ETH than BTC.
But I don't think ETH and BTC are truly detached so it doesn't impact analysis all that much.
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Topic
Board Bitcoin Discussion
Re: Mt.Gox founder Mark Karpeles Sentenced to Over Two Years. Is This a Joke?
by
BurgerCash
on 21/03/2019, 11:56:01 UTC
...why do you think it's okay that people use bitcoin exchanges as wallets?...

...it also seems you don't believe in basic human rights---not surprising given your lynch mob mentality...

...most of the basis for their embezzlement case was fabricated, based on a forced confession after refusing him legal counsel or due process...

No, I never said that this is ok to keep your money on the exchange but there are/where hundreds of people like me, who just wanted to buy or sell a larger amount of cryptocurrencies and made the mistake, and deposited to Mr.Gox during the time of the hack.

Mr.Gox was aware of the hack long before they announce that and didn't warn customers to avoid deposits or to withdraw as soon as possible.
No, they kept deposits open and shut down withdrawals which is a shady behavior and made only to scam more people.

I don't believe in basic human rights? Stop to spread false information sucked from the finger.

Karpeles case was fabricated? So are you saying that Karpeles didn't steal 3 million $ from customers and made up trading books to hide this?
Are you Karpeles shill that you defend him so hard to even made up some facts?

Where you even affected with this hack on Mr.Gox? I assume no.

Additionally, from your writings, I see that you are such an altruist that even if you would lose your life savings by Mr.Gox then no matter what, you would keep supporting Karpeles and the court sentence for sure. Wink I would like to see this.
Broke, with 2 additional jobs, in-depth after all these years but still supporting Karpeles because he loses weight (when in prison) and was forced to confession after refusing him legal counsel or due process.

Of course, the case was fabricated, as you say and Karpeles is not guilty at all. You know that you are the only one in this thread with such an opinion.
Don't you think that so many people can't be wrong?
(1) He faced trial in the strictest jurisdiction in the world and no evidence was found that he stole 3 million.
(2) Altruism and losing money has nothing to do with sentencing a man for a crime he did not commit.
(3) Having lost money in MtGox gives you no right to want innocent people in jail. Maybe you should focus your anger at Jed McCaleb and the hackers instead?
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Topic
Board Bitcoin Discussion
Re: Bitcoiners now labelled as Right-wing extremists! LoL
by
BurgerCash
on 21/03/2019, 11:51:52 UTC
Surprisingly there isn't a coin dedicated to extremist values like a nazicoin so I guess they are using bitcoin and a mixer or something like Monero instead. Most use fiat anyways
Extremist values have no reason to exist outside of the scope of another coin, and even with this in mind, there have been some actual nazi projects started as a joke - or as a provocation to see whether decentralization is real, or if censorship is indeed possible. The crypto community generally does a good job at rendering them irrelevant, although sometimes at the expense of censorship, which proved the troll's point.
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Topic
Board Bitcoin Discussion
Re: Should bitcoin be limited to 21 million?
by
BurgerCash
on 21/03/2019, 11:49:51 UTC
I have mixed views on this because most currencies stay stable with some sort of inflation. Quite frankly you shouldn't be inflating by 2% per month as thst a huge market but I don't think anyone would be against an increase for this to be accepted as a currency.

The alternative view is that this is what altcoins are for and most of the people won't see the last block with the initial rewards being taken up but at a point where we're at a low number of bitcoins per block it may come in handy to increase inflation slightly although if it becomes unprofitable to mine it'll be the node owners doing the mining which wouldn't be a bad thing (each node miner with a few chips to mine with like the gekkos side hack makes - id be into that).
Bitcoin used to have two selling features - a fixed supply, which meant it could outlast fiat currencies, and transaction throughput.
The Bitcoin community decided that transaction throughput is unimportant for now, and we focused on the digital gold marketing.
If we ever break the 21 million bitcoin rule, bitcoin will be neither p2p electronic cash nor digital gold. It will slowly fade into irrelevance.
This limit should never be broken.