Search results

No one who has held Bitcoin or Ethereum for longer than 4 years has lost money. Ever. This is the first thing you need to understand, what little amounts you can buy today will be worth exponential amounts of money later. I held my Ethereum from less than $1 all the way to $1400, and then...

The coins are only meaningless if you think about them as some sort of digital stock, but Ethereum is a digital commodity. You need it to run decentralized applications which will do things like replace your bank.

Yeah, the stupid one is the one who actually knows how to use a wallet. The problem is that *you're* ignorant about how it works.

No, you're investing over 100k in an Ethereum based trust fund, and wallets are definitely secure enough to hold several times that amount without worrying about it, ask me how I know.

ETHE is for boomers, I'd roll that into actual crypto when you get an opportunity. Creating a wallet is not hard, sending transactions is not hard, and interacting with Aave is not hard. All of that can be learned with about 15 minutes spent reading about wallets, my 50 year old optometrist...

I mean, if you think this is a less efficient user experience than trading stocks, you're nuts. Anyone can create a wallet, interact with Uniswap, and deposit/borrow assets at any time of day in any part of the world with internet access. That's extremely powerful, and worth a few temporary...

Coinbase wallet is far and away the worst wallet I've used.

If you hold onto it for long enough, it will change your life I'm sure.

The sky is the limit, really. No one knows what the price action will be like when the system is up and running with tasks burning TRU and organizations locking TRU. We do know that as the price increases, the supply increases, so it's unlikely to pump super fast. This is one of my long term...

Anything under $10,000 ETH is a steal, really. Even after that mark it's a pretty wise investment.

https://www.dextools.io/app/uniswap/pair-explorer/0x80b4d4e9d88d9f78198c56c5a27f3bacb9a685c5 Dextools.io is the best tool for watching Uniswap pairs in my experience, so just pay attention to that. Also make sure the TRU you have in your wallet has contract address referencing Truebit...

Grats to everyone that got into Truebit under a dollar. Might never come again.

Nah, investing isn't for everyone. Making a quick buck to relieve pressure on bills is a perfectly acceptable usecase of crypto. Maybe their life is going to change through working up the corporate ladder and becoming management. You can only spot a safe bet in hindsight, why would you put...

I don't think it's worth it to deposit stablecoins to Aave, but I suppose that can change depending on various things. Uniswap pools or curve.finance pools are the way to go -- I tend for the former just because curve is heavily exposed to USDT.

Oh I missed this. I'd stay away from USDT, personally. Brock Pierce is involved in that, and he's a pedophilic scam artist piece of shit and a terrible six-boxing wizard in EverQuest. Plus who knows wtf they're backing all that USDT to, the latest "audit" they released was some jerk me off...

Yeah, the bridges are the entire reason I stopped looking at Matic. Huge pain in the ass, and expensive as fuck to boot, there's no way it survives much more competent scaling solutions, but I could be wrong I suppose. Did you try the Aavegotchi bridge?

Don't use centralized exchanges for anything except transferring money to your bank account, in which case imo Gemini is the best.

What's your position on that? I'm really digging the stablecoin pools because it's basically a set-it-and-forget-it savings account, but every time I think about other pairs it seems like a huge pain in the ass to shift your position as necessary.

To shit on everyone that thought BTC was better than Ethereum.

Yes, if you pre-convert your ETH to WETH, it skips a step in the swapping process in the Uniswap contract. ETH is not compliant with the ERC-20 standard, so there is a Wrapped ETH protocol that makes it compliant. The price of the coin in your wallet is not always accurate, especially with...

Only thing you missed is Coinbase sucking ass, but the CB wallet on the phone does have a browser that you can use to visit Uniswap, where you pick "in-browser wallet" to use it. Should be the middle icon at the bottom with the 4 squares.

Hardware wallets introduce an additional vector of attack, the hardware itself, in addition to any exploits in the software wallet running on the hardware. This could be anything from a compromised USB drive, to the hardware wallet itself being compromised. Your wallet is just an address on...

Hardware wallets aren't any more secure than software wallets, tbh. Smart contract wallets will be the future, when we get a good one of those retail will feel a lot safer jumping in.

Bot sniffs incoming buys, places a buy order with higher gas in the same block to bump the price up for the sniffed buy order coming in, then the bot sells immediately after to profit on the difference. This trade made the bot almost 14 Eth. It's illegal IRL from what I understand, but really...

Front-running on Uniswap looks like this (Truebit aims to solve):

Cryptocurrencies are digital scarcity, Bitcoin was the first time in history that we've achieved it, so it's not unlike land in the early 19th century. For many cryptocurrencies, there are very concrete reasons why the value would increase, e.g. for Truebit they've designed this system where...

You should read the Aave whitepaper: aave/protocol-v2 For participating in certain pools, Aave is giving out its governance token at various rates depending on the liquidity and demand of that pool. Aave tokens are worth about $440 right now, so it's just a nice thing to get. Typically these...

Ethereum will make me a millionaire by the end of this year. My theme song this year: I use a combination of MyEtherWallet and MetaMask, and I use both Coinbase and Gemini as fiat bridges -- take loans against my crypto in Aave if I ever need cash for something.

Holla, just hold that shit until it changes your life. Will take a few years.

Don't bother with anything from reddit, go to the website: Truebit and read the whitepapers. Look on YouTube for videos featuring Jason Teutsch if you're really interested, it's been in the works publicly since just about that 2014 blog post. The tokenomics whitepaper that outlines the...

It's on Uniswap for sure.

This is all stupid bullshit fucking FUD, though, and we're five years down the line from it now to know what you're hung up on is about as inconsequential as Bitcoin 0.3.1 hardforking out billions of erroneous coins. Vitalik himself has posted on this very topic time and time again, feel free...

Look, people who argue that Bitcoin is the end-all be-all of crypto are fuckin retarded, that is the cold hard reality of the situation. I didn't make the rules.

Truebit. Its price is literally based on tasks, and there are no tasks being issued yet.

I'm not sure. I think zkSync/zkPorter will be the big L2, and Truebit is going to drive most big dApp development moving forward, but Uniswap is going with Optimism and I consider it to be the beating heart of DeFi right now. Stablecoin LP tokens on L2 with V3 positions? Oh yeah man, shove...

https://hackernoon.com/bitcoins-biggest-hack-in-history-184-4-ded46310d4ef Eat shit, boomer.

The only reason you can think that is if you're a total moron, though. Seriously, you have to be willfully blind to what Ethereum is currently providing. At any point you can deposit Ethereum into Aave, take a loan on it, buy an NFT with it, and convert it to an ERC-20. It is the backbone of...

Oh, this is easy then: Because you don't have to validate every single transaction to verify that the rules have been followed. You can use zero knowledge proofs to verify that at a fraction of the cost and time, allowing you to run partial nodes with full security. You bring up AWS nodes...

Where in the world would you get the idea that I give a fuck? I mined Ethereum in 2016 when it was under a dollar, which is clearly the future of cryptocurrencies at this point, and I'm doing just fine. Buy Truebit or don't, I don't give a fuck, the price is based on task cost, not...

You mine Ethereum with GPUs, not ASICs, and it's really not feasible to set up a mining rig now and pay it off before the PoS switch. You can mine some with your home GPU at ethermine.org, but it's almost nothing. EDIT: I looked back in January of this year and found that what I mined on my...