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Showing 20 of 148 results by SiverSurfer
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Topic
Board Altcoin Discussion
Topic OP
Has anyone used Aave lending platform?
by
SiverSurfer
on 22/01/2021, 06:05:36 UTC
Hi guys, I've recently deposited some stablecoins to Aave in hope of earning some interest (done with the ups and downs on DeFi pools)

I have two questions
1) What's the difference between Aave 1 and Aave 2 market
2) I see that there's an option for my savings to "Can be used as collateral". My intuition says no without doing my due diligence, hence a quick wonder if anyone knows this.

thank
Post
Topic
Board Altcoin Discussion
Topic OP
Which app have notifications when % price change ?
by
SiverSurfer
on 10/01/2021, 10:49:13 UTC
CoinMarketCap app only has notifications by value but I want percentage change so that it’s easier to track my portfolio because for CMC I’ll have to manually set them everytime, any suggestions ?
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Topic
Board Altcoin Discussion
Re: What's the best way to have multiple Metamasks?
by
SiverSurfer
on 10/01/2021, 10:47:01 UTC
Hi,

I run three instances of Metamask on Firefox, Brave and Chrome. Lately I want to have a new wallet (fourth) but have a hard time figuring out how as there is no more browser that supports Metamask....

I know one way is to log in and out of the browser into my new wallet but I don't want to do that as this exposes my seed, especially I hang out at coffee shop this is not ideal.

Any suggestions out there? Or is there a metamask equivalent that I can install in browsers? I am not looking at hardware solutions FYI.

You can use the opera and Yandex browser. They both support chrome extinctions and I am also using them. You can also use metamask apps and clone them with multi-app users app to use them. But I didn't get why you need to use multiple metamask to use multiple wallets? you can use multiple wallets through one metamask Extention.

That’s very helpful - Yandex and Opera can be my next options!
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Topic
Board Altcoin Discussion
Re: What's the best way to have multiple Metamasks?
by
SiverSurfer
on 05/01/2021, 03:09:11 UTC
Everyone already said you can have multiple addresses on Metamask, I also have 100 addresses on my metamask. You just need to do :
- Open Metamask
- Fill Password
- Click Profile
- Choose +Create Account
- Name your new wallet
- Then, click created

Walla, you already have a new address wallet in a single wallet.

I agree this is what came to my mind I have different addresses on my metamask if you really wanted to have multiple accounts you can just create a password manager with all the passphrase and the likes and just use those when logging in to metamask.

That's what I don't want to do. I want to only use password but not passphrase as I am always at cafe. But thanks again, I've found a (temporary) solution in Microsoft Edge. So right now sticking to Firefox, Chrome, Edge, Brave for four profile of Metamask.
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Topic
Board Altcoin Discussion
Re: What's the best way to have multiple Metamasks?
by
SiverSurfer
on 05/01/2021, 03:06:44 UTC
Found that Microsoft Edge has a Mac version, that will work for now.
Post
Topic
Board Altcoin Discussion
Re: What's the best way to have multiple Metamasks?
by
SiverSurfer
on 04/01/2021, 05:50:12 UTC
Everyone already said you can have multiple addresses on Metamask, I also have 100 addresses on my metamask. You just need to do :
- Open Metamask
- Fill Password
- Click Profile
- Choose +Create Account
- Name your new wallet
- Then, click created

Walla, you already have a new address wallet in a single wallet.

That's true. I am actually referring to have a new seed so that I can generates addresses under this seed conveniently....
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Topic
Board Altcoin Discussion
Re: What's the best way to have multiple Metamasks?
by
SiverSurfer
on 04/01/2021, 05:49:02 UTC
Fourth one can be edge which is already mentioned in their official website. https://metamask.io/download.html

But why you need to download separate browser for your every addresses when you can add more address on the same browser itself?

Unfortunately I am a Mac guy  Smiley
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Topic
Board Altcoin Discussion
Topic OP
What's the best way to have multiple Metamasks?
by
SiverSurfer
on 31/12/2020, 13:19:02 UTC
Hi,

I run three instances of Metamask on Firefox, Brave and Chrome. Lately I want to have a new wallet (fourth) but have a hard time figuring out how as there is no more browser that supports Metamask....

I know one way is to log in and out of the browser into my new wallet but I don't want to do that as this exposes my seed, especially I hang out at coffee shop this is not ideal.

Any suggestions out there? Or is there a metamask equivalent that I can install in browsers? I am not looking at hardware solutions FYI.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
by
SiverSurfer
on 15/06/2020, 09:17:12 UTC
Well, that could really happen because on NPXS-ETH pair the volume is less than 70k (at the time of writing) and if the volume keeps dropping then binance will definitely remove them because they what a coin that would generate them more revenue.
You are right.

This what Pundi X has come to. Getting de-listed in huge exchanges like Binance that almost everyone in the crypto Universe knows about to celebrating getting listed in small exchanges in coinex (Honestly, yesterday was my first time knowing about it)

How the mighty have fallen. I would wish it was just a bad dream or a temporary nightmare  Embarrassed

I am a little more optimistic as it is not easy to find a hardworking team like this everyday, especially after the crash many teams stopped working but they are still trying out different models. I am staying with this ship.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
by
SiverSurfer
on 29/05/2020, 08:12:10 UTC
BTW are they still burning the tokens? sorry haven't followed the development in a really long time.
Yes, tokens are burnt at the beginning of each quarter and the amount depends on the volume and the fee people spend on different platforms Pundi X have.
You can see the amount of burnt token using this address.

Thank you. From what I can see in the address burn rate has dropped a lot. From 1.2 billion to just 14 million guess that was during the FX coin swap?

They mentioned that because of Covid-19, since retails business dropped 90% hence Point of sales terminal usage also dropped.

Nonetheless I still see them hard at work, the team is the same as in 2017, same faces in telegram.
Post
Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 15/03/2020, 10:12:33 UTC
OK, I am experimenting it before going into the plunge. Here goes the screenshot, for record keeping ;-)



PS: It has dropped from 20+ % to 11.46% in two days, probably due to the heavy liquidation that happened, though I am still wrapping my head around the causation aka "does interest rate go up with BTC price goes down?"

I believe the interest rate goes up with the demand.
People have alot of money in compound DAI, and now that the market is down, people are borrowing DAI to invest in cheap BTC/ETH.
By doing so, the demand grows, and i believe, with it the interest %.

Just like Uber, if there's a shortage of free drivers, the price goes up.

I am actually thinking of converting some of my USDT to DAI to play with it. I am fully invested mentally into crypto and the point of lending is to learn, the best way to learn is to do it (and hopefully not get burnt LOL)
Post
Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 15/03/2020, 10:09:52 UTC
This website can exit on you at any freaking time, I couldn't even trust binance and Kucoin that's why I don't stake on them, hackers can hack those websites anytime and if you are unfortunately them won't be able to reimburse your money

Yes, that is the biggest risk factor tbh.
Post
Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 15/03/2020, 10:09:28 UTC
For those borrowing Dai to invest in BTC or Eth what makes them think that Bitcoin won't fall further anymore? It's still unwise choice to me, one can easily get rekt if care is not taken, invest only what you can afford to lose, borrowing can put you in more debts

You have a point, but we are discussing about lending on compound.finance not borrowing.
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Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 14/03/2020, 07:46:50 UTC
See I couldn't stake coins because you will need to send out your coins to a staking address, I have hard time trusting that, even wallets that supports POS you still need to make deposit, why can't the staking works out of the box? The most dangerous part are exchanges services for POS and Lendings, people are crazy enough to trust these exchanges either top exchanges or not with their funds, good luck with that and happy earning

In this case it's connecting Metamask, but it's same-old, the danger element doesn't go away.
Post
Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 14/03/2020, 07:36:03 UTC
The problem here is for how long will you get paid? I've put over a thousand dollars in project with low interest every month, it fluctuate just like you said and after few months no more payouts, it's one reason I can't trust staking websites

That's true man, I have my doubts too even if I am trying it now.

They claim that there is a smart contract element that allows them to feed buyer and seller hence no centralization, but how do we check?
Post
Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 14/03/2020, 07:35:17 UTC
OK, I am experimenting it before going into the plunge. Here goes the screenshot, for record keeping ;-)



PS: It has dropped from 20+ % to 11.46% in two days, probably due to the heavy liquidation that happened, though I am still wrapping my head around the causation aka "does interest rate go up with BTC price goes down?"
Post
Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 14/03/2020, 06:50:56 UTC
Wait for the market stabilization because if you lend now, you can easily lost your cryptocurrencies because the value of your crypto collateral become insufficient. The best time for a loan is at the beggining of the new growth cycle.

Hi, I am aware of the volatility today but what does that have to do with compound.finance? I thought in this scheme I just store my DAI with them and get the unlocked interest rates ? Or am I missing something ? Thanks.

Not missing anything. The system works on a principle where you have to deposit more than you can borrow.
I've depposited some DAI and am getting daily interest. Atm due to market, interest is around 20%/y, but it's usually 8%

Thanks.

Which means that to borrow I have to over collaterize, and to save I just need to put my DAI in it and get the current 20+% ?

Yea, exactly.
I'm not sure its 20% anymore as it fluctuates, but that's the idea of it

I am fine with fluctuation, it’s ok to go sub 20%. I am just impressed (perplexed) that they can do 20% when Celsius and blockfi and likes can only do 8%. I don’t want to call it a get rich quick scheme (scam) as there is some smart contract element but I have some doubts as to whether are people willing to borrow my savings for over 20% interest rates on the other side of the table.
Post
Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 14/03/2020, 06:28:00 UTC
Wait for the market stabilization because if you lend now, you can easily lost your cryptocurrencies because the value of your crypto collateral become insufficient. The best time for a loan is at the beggining of the new growth cycle.

Hi, I am aware of the volatility today but what does that have to do with compound.finance? I thought in this scheme I just store my DAI with them and get the unlocked interest rates ? Or am I missing something ? Thanks.

Not missing anything. The system works on a principle where you have to deposit more than you can borrow.
I've depposited some DAI and am getting daily interest. Atm due to market, interest is around 20%/y, but it's usually 8%

Thanks.

Which means that to borrow I have to over collaterize, and to save I just need to put my DAI in it and get the current 20+% ?
Post
Topic
Board Altcoin Discussion
Re: Has anyone used compound.finance?
by
SiverSurfer
on 13/03/2020, 20:29:52 UTC
Wait for the market stabilization because if you lend now, you can easily lost your cryptocurrencies because the value of your crypto collateral become insufficient. The best time for a loan is at the beggining of the new growth cycle.

Hi, I am aware of the volatility today but what does that have to do with compound.finance? I thought in this scheme I just store my DAI with them and get the unlocked interest rates ? Or am I missing something ? Thanks.
Post
Topic
Board Altcoin Discussion
Topic OP
Has anyone used compound.finance?
by
SiverSurfer
on 12/03/2020, 18:26:17 UTC
I am thinking of putting my DAI into compound.finance due to the high interest rates now, at about 20%. The interest rates fluctuate but it is not locked and I can withdraw my DAI out easily.

Has anyone tried it?