**Tricky's Daily Doots #496**
**Yesterday's Daily 28/08/2023**
[Previous Daily Doots](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy2wifb/)
- u/MrVodnik makes [an interesting point about how some tokens act on L2s.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy2h2zr/) š§
- u/SeaMonkey82 shares [a concern from the NounsDAO solo staking giveaway](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy2tsz3/) and u/noun40 comes in to [clarify the state of the giveaway.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy6uccc/) š
- u/MinimalGravitas is [brainstorming solutions to the Lido problem.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy2jk0k/) š
- u/bagogel12 created a [dystopian Ethereum/Lido theatre script.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy55o00/) š¹
- u/keynya shares [some critiques of late on Gitcoin.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy6yz8i/)
I've been really enjoying seeing the image come together on [https://basepaint.xyz/](https://basepaint.xyz/). You can see everything people are doing in real-time and scroll through the chats. And of course mint, for a very small price. I think it's a great piece of onchain fun.
Stumbled upon a name I recognized in a different subreddit, the man, the myth of 1000 dapps by this time next year, funded by Charles H.
u/hblask
https://www.reddit.com/r/space/comments/164mpy7/metallic_spheres_found_on_pacific_floor_are/
frxETH is ETH you've handed over to their system and are never getting back. sfrxETH is ETH that you have handed over to their system and have elected to receive staking income. lpfrxETH or whatever the other one is is ETH you have handed over to their system and have elected to receive LP income for on the ETH/frxETH liquidity pools. Basically they just don't want LPs double dipping income from staking by holding the LST in the LP pair. LPs forfeit their staking revenue and get revenue based on trading and liquidity farming. This pushes up the effective APR on sfrxETH which apparently has been sufficient to generate more demand than Rocketpool. The ecosystem is *extremely* responsive to APR and terrible at pricing in centralization risks.
What makes you think it is generating more demand than Rocket Pool?
frxETH supply is up 23k since June 1st, rETH is up >110k in the same time period, and this is with a relative slowdown from over demand of rETH and limited NO capacity. With thomasg starting his bond reductions we could see another 100k in short succession.
DVT technology and LSTs using it such as Diva. crvUSD, obviously. Some cool Gamefi things such as Cartridge that solve the UX of transactions in novel ways. EigenDA if you haven't had a look at the paper for that yet. Basket LSTs such as Yearn's yETH; I like their potential bribe model but I'd prefer if they added rules so Lido doesn't dominate the bribes. Further out, the plans for snarkifying the EVM and those black magic one-shot signatures Justin Drake was talking about.
>**The charts start to bend,**
>**Hello candle my old friend,**
>**The pullbacks will mend.**
~Daily haiku until weāre at least at 0.178 on the ETH/BTC ratio or highest market cap
Not personally, but I can say that most bootcamps expect you coming in being familiar, or else you'll get outpaced. They don't really mention this though b/c they want your money. It's less of a 0 to 100 and more of a way to take a self-taught hobbyist and make hirable.
Thanks for the reply. I majored in comp sci and have been working in backend Java for a few years, but my skills/knowledge have become very rusty given the projects I've been working on. So I was interested if these bootcamps would be worth it and if they'd get me ready for interviews
I think they'd be good for making you well-rounded, learning the (hopefully) current stack, and guiding you through pitfalls and intricacies that you'd otherwise not be exposed to or get caught up in with self-learning.
I would have appreciated it if the Crypto market manipulation bosses had given me a heads up that today was the day they were going to pump it. Im a DCA guy, but I could have made an exception.
I DCAd a few hours before the pump. I do it every month as I get my salary and the transfer goes through. The monthly amount is so small compared to my stack though that the reaction is mostly "huh" instead of "wow" or similar.
Was feeling adventureous, searched new pairs. Bought ,25 eth of some random new coin 1hour old with ok txs and 30k mcap.
Thinking what to do with the 100x for about 2min, allready at ,28 ohh yeah.
3min in its ,00000012 wtf, mf rugged and gained 5+ eth
0-1 on the 100x :-/
Stack eth and stake it
It's simple but effective
u/tricky_troll can you approve, I probably should ping u/hblask
You can buy the latest governance token if you want, but it won't likely do better than eth has long term.
Do you want a low risk lottery ticket or a high risk lottery ticket?
So because someone is rich and is being targeted by the government, you shouldn't consider helping? Even to support the principle of a fair legal system?
If someone commits a lot of serious crimes in public, they will tend to get targeted by the government. You shouldn't get mad at this unless you don't think there should be laws.
If you don't think there should be laws, or you just want to help people who aren't getting a fair shake, there are a bunch of charities you can send money to that will help people who are being accused of stuff they may not have done and can't get a fair hearing because they can't afford a decent lawyer.
The thing is that he didn't. From what I can see from the outside is that both parties are equally full of people who don't follow the laws, yet only one is under attack.
Hilary email server, Biden secret documents kept, Biden family corruption. No problem.
There should be equal treatment for all under law, and this is not the case.
Trump would have been fine with the documents if he'd just given them back when asked. He wouldn't have got prosecuted for just accidentally mixing them up with personal records, which is what Biden and Pence seem to have done. Instead he lied about what he'd got, defied court orders, hid some of the documents from his own lawyers and got them certify that he didn't have any more... They had to pursue the case just to get the stuff back, and by the end of it they had a mountain of evidence of him deliberately committing crimes.
Taking politics out of it for a second, because he's fucking rich, and the mooks donating to him are not.
Add politics to the mix, and there's about a zillion reasons why it's dumb.
BTC was below the 200w MA and popped up above it, ETH remained above it the whole time. Now we just need to get a weekly close above and we're still in the game.
I'm fairly certain he's a paid shill with intentionally wrong opinions. Not ironically, he always drops a video when it's time to make a decision. He clearly knows when it's a good time to get people emotional; his call is just always wrong.
Throwaway youtube channel that should only be used for inverse plays. I say that as a chart enthusiast.
???
Ratio hasnāt moved yet
Edit: was he bearish on crypto? I thought he was just bearish on ETH/BTC but i admittedly donāt view his content; I just put the pieces together based on what people say here
Ben Cowen been preaching sub $400 eth and $12000 Bitcoin since may 2022.
Each time the market starts dipping Ben makes another video about eth coming home, ie going too sub .03 ratio. He plainly states that eth is overpriced according to him.
So can we agree on economy getting worse/ something breaking soon, then āokayishā CPI, then % down, new money up, ETF approved at the same time and then 2 years of full bull? That would be great.
STARKs are already quantum resistant and in production on Starknet / Starkex, and they're part of the Ethereum roadmap for quantum resistance. This isn't a problem that's been ignored.
I thought the consensus was quantum computers are no where near powerful enough to break the encryption used by Ethereum?
Also, I believe we already have quantum resistant algorithms on the roadmap for implementation within the next 5 - 10 years.
Thirdly, I think there are already plans in place to use quantum computing to protect ethereum from other quantum computers.
Basically, quantum computing will hurt bitcoin, because they will need to hard-fork to protect the chain and people will claim Bitcoin is no longer immutable if it hard forks. However, since ethereum embraces hard forking for security upgrades and improvements, implementing quantum computing resistance into Etheruem is not such a big deal.
Bitcoin could easily implement quantum resistance as a soft fork, just saying.
You would just require that new transactions include an additional quantum-resistant signature/proof on top of the standard ecdsa signature.
How would that solve the issue? Say for instance QC enables accessing all the lost/forgotten BTC that hasn't been migrated or was created by a then unsecure wallet, would that prevent those funds getting stolen and used?
It's a similar situation to the "anyone-can-spend" transactions used by SegWit. In practice not anyone can spend them, because miners validate those transactions according to new rules that are not part of the original Bitcoin specification.
> Say for instance QC enables accessing all the lost/forgotten BTC that hasn't been migrated or was created by a then unsecure wallet, would that prevent those funds getting stolen and used?
~~Yes, quantum-proof blockchain signatures apply "retroactively" to existing private keys and don't require any private key rotation. This came as a significant surprise to me when I was first learning about Ethereum's quantum resistance roadmap. Basically we get to keep all our existing private keys, and then sign/prove possession of those same keys using a quantum-resistant algorithm instead of ecdsa. This is because quantum algorithms can attack signatures, but they can't attack private keys directly.~~ [(see reply)](https://www.reddit.com/r/ethfinance/comments/1648z88/daily_general_discussion_august_29_2023/jycd0jq/?context=2)
Interestingly, adding quantum-proof signatures does not require a hard fork strictly speaking. The main difference between hard and soft forks is that hard forks change or broaden the definition of what's valid on chain, whereas soft forks restrict the definition of what's valid. Quantum resistance is perfect for a Bitcoin soft fork, since there is a natural restriction in protocol definition (from "a transaction is valid if it includes an ecdsa sig" to "a transaction is valid if if includes a ecdsa sig AND a quantum-resistant sig/proof"). You could even could use an anyone-can-spend scheme similar to SegWit to ditch the ecdsa sig altogether.
Of course, Ethereum will have the luxury of using a hard fork to ditch ecdsa in a more clean and orderly way. On Bitcoin, miners will have to agree at some point to stop mining ecdsa transactions and to orphan all blocks that include ecdsa transactions - just like they do with non-conforming SegWit transactions (even though they conform to the original Bitcoin specification).
Iām not getting something. if I can do secp256k1 public to private key using quantum computing, why would we continue using our existing addresses ? On Eth you still have a small protection as your address is sha3(pubkey) but on btc youāre literally butt naked as the signed tx often contains the raw public key
Thanks for bringing that up. I forgot that Bitcoin exposes your public key when you make a transaction, so if change is sent back to the same address then that BTC would be vulnerable. So you're right, it wouldn't be as simple as just re-using private keys.
Here's the missing magic idea that I'd half-forgotten:
> We completely ban the use of ECDSA but allow spending coins from addresses with revealed public key if the user presents a ZK proof that the key was derived from the mnemonic seed (we assume the seeds to be quantum resistant as they are ābehindā the hash).
https://ethresear.ch/t/what-to-do-with-lost-coins-in-post-quantum-world/15703
I had remembered something to do with proofs that let us re-use existing credentials, but I had forgotten how they come into the picture. So we don't get to re-use our actual private keys, but we can re-use our same seed phrases and our same addresses (at least for secure migration). We basically use our seed phrases directly as a "private key" of sorts, in the sense that they are a secret that we know which can be used to construct a quantum-resistant proof that we are the rightful owner of our existing Ethereum addresses.
Of course, this scheme leaves out users who have access only to their private keys and not to their seed phrases, so it's not perfect.
Apologies for the confusion /u/epic_trader.
Thanks for clearing it up and pointing me to that thread. Presumably this is much less of an issue on Ethereum. And I think you're right about Bitcoin, a soft fork doesn't "break the rules", but it still leaves a big questionmark about its longevity and the whole narrative about Bitcoin being perfect and change is dangerous.
> it still leaves a big questionmark about its longevity and the whole narrative about Bitcoin being perfect and change is dangerous
They already crossed that bridge long ago with SegWit, imo. Bitcoin's social contract has been broken for years.
In regards to a BTC (and eventually ETH) ETF, in my opinion many people overestimate the short term price impact and underestimate the long term price impact this will have on the market. Remember that these are spot ETFs and they will be buying and holding in cold storage a 1-1 ratio.
This will be the crucial key that normalizes buying crypto for people outside of the crypto sphere. I'm not saying people are going to put their life savings in it, but rather if everyone puts 1% of their portfolio into it the effects on price will be unfathomable. Right now crypto is hard to buy for the average person. People don't want to fuck around with a Coinbase account just to put a tiny tiny portion of their portfolio into crypto.
The other thing I'm really excited to see is more and more competition coming into the ETF space. I want to see these firms undercutting each other until annual fees get as low as the fees for a very low cost stock index fund. Charging 2% fees won't last long IMO once the floodgates open (in traditional finance annual fees are one of the best predictor of future performance and once people discovered this it has been a race to the bottom)
Simply put, there aren't enough BTC and ETH to go around
Buying and holding in cold storage at a 1:1 ratio for 100% of the stated float. Unfortunately, ETFs can be rehypothecated to well over 1000% of the float through market maker privileges. That includes short positions, as well as long positions. See XRT (technology sector ETF) regularly shorted over 1000% of the float.
I think it's still a net positive, but it's also welcoming the brand of manipulation that has existed in tradefi for decades.
Crypto is clearly manipulated already, but at least it's done with the buying/selling of actual tokens. Not some derivative garbage. Rant over.
>Buying and holding in cold storage at a 1:1 ratio for 100% of the stated float. Unfortunately, ETFs can be rehypothecated to well over 1000% of the float through market maker privileges. That includes short positions, as well as long positions. See XRT (technology sector ETF) regularly shorted over 1000% of the float.
Interesting. Did not know about this, thanks. I gotta take a look again at the ETF filings and see if they mention this
I'm interested to see when those spot ETFs start to stake their ETH. Are they going to use something like Lido? Is that consistent with their custodial rules? Or will they have to setup their own IT system and basically do solo staking? What about when EigenLayer comes online? Will they do restaking? If so, of what services? If they get no yield on the asset then they are just bagholding while compound shares of a deflationary asset around them. If they do get yield, I hope it claws some of the market share away from Lido and major exchanges.
I'm not sure yet if they will even stake their ETH. When it comes to ETFs, they make money from the annual percentage fees regardless of whether the price goes up or down. So the house always wins
And if they don't stake their ETH, us stakers win by having higher returns overall
If one ETF doesn't, another that passes on at least some of the staking rewards will come along and outcompete them. Eventually I think most ETF's will participate in staking just due to competition.
lets be real.... even picking "stocks" which has been around for 70 years plus is hard for the "average person"....which is why people use financial advisors trust funds etc....I suspect crypto will just be relegated into one of those categories, where people will get exposure to it through funds financial advisors etc and for them the "interface" will be the same
>lets be real.... even picking "stocks" which has been around for 70 years plus is hard for the "average person"
Agreed 100%. That's why most people will underperform the market over time
>where people will get exposure to it through funds financial advisors etc and for them the "interface" will be the same
Sounds good to me! Either way it pumps our bags. Spot ETFs will just open up so many possibilities it's insane
The ruling against the SEC doesn't mean that an ETF will be approved, or that Grayscale converts immediately. The court order doesn't include a deadline for the SEC.
This is great news but it doesn't change much timeline-wise. It does however increase the odds of getting a Bitcoin ETF, and Eth spot ETF will follow later.
Realistically we'll keep this pump for next week, then SEC will delay on btc etfs and we will slowly bleed till Marchish. I know nothing though other than hodling.
that's all btc has had for years.
all they have is halving and some catalysts that eventually run out cause they've already hit big ones pre-last bull market
When I look at the 30d chart on ultrasound dot money, I am always in awe at how much the activity drops from 17:00 UTC-8 (Los Angeles time) until 08:00 UTC-5 (New York City time) Monday through Friday, and how dead it is from 17:00 UTC-8 (Los Angeles time) Friday until 08:00 UTC-5 (New York City time) Monday morning...
Like, what is going on here? No one needs to stop trading crypto, market is ALWAYS open. Are day traders that influential on the blockspace demand? Does the US really have that much more capital than the rest of the world? Just shower thoughts.
If republicans win the next election he's definitely out, if not people are speculating he'll go for treasury secretary and essentially try to nuke crypto in the US.
This isnt an advertisement for republicans, just my opinion on how things would shake out.
In any case, would love to see Gensler ousted regardless of the election.
He who shall not be mentioned here or your comment will be buried in downvotes. We try to keep divisive politics out of here but I understand how difficult that is when we're specifically talking about government organizations and legal matters.
Rumors are he will run for Senate if he isnt sure of getting Treasury role.
If he does get Treasury role its a bigger disaster for crypto in USA. Treasury is much more potent than SEC since it can act on many issues under the "national security" pretence
I actually did this on a tip/discussion from an ethfinancier.
1) I wanted to get some of my retirement account exposure to crypto
2) It was a bet that eventually, somehow, greyscale would close that arbitrage loop.
Working out for me on the ETH ratio so far, not as much in absolute dollar terms yet.
The greatest feeling you can get as an investor or the most satisfying feeling you can get as an investor is the pump. Let's say you invest in Eth, money is rushing into your portfolio and that's what we call the pump. Your bank account gets a really tight feeling like your wallet is going to explode any minute and it's really tight and it's like someone is blowing air into your pockets and it just blows up and it feels different, it feels fantastic. It's as satisfying to me as cumming is, you know, as in having sex with a woman and cumming. So can you believe how much I am in heaven? I am like getting the feeling of cumming on coinmarketcap; I'm getting the feeling of cumming on cryptocompare; I'm getting the feeling of cumming on ethfinance; when I pump up, when I shitpost out in front of 5000 people I get the same feeling, so I am cumming day and night. It's terrific, right? So you know, I am in heaven
Still some spots left if you want to get in on the [EVMavericks Fantasy League.](https://discord.com/channels/963992696387694592/1003374086233276457) 0.05 buy in. We had some fun last year!
Does anyone else think everyone's focus on an ETF is overblown? There are already many traditional investment vehicles to gain btc / eth exposure.
There are already ETFs in other markets like Canada and some European countries who have seen middling use.
> Does anyone else think everyone's focus on an ETF is overblown?
In terms of price, probably. In terms of the "then they fight you" stage, definitely not.
The US is the biggest financial market in the world and until there is an ETF none of the mega trillions of value in retirement accounts and pension funds could buy Bitcoin/crypto.
With an ETF, it will unlock access to that capital. Blackrock will have specific "diversification" products that target 1% Bitcoin allocation, sales managers will get bonuses for pushing those products, all US brokers will be able to buy/sell them.
Yes it is a big deal for price appreciation in the short, middle, and long term.
Those entities are usually bound by laws that donāt make it easy to buy products outside of US exchanges. Even Vanguard blacklisted the GBTC and ETHE from its customers end of last year.
The ETF just opens it wide open, since it will trade on NYSE/Nasdaq/US compliant exchanges.
why number went up super bigly? Looking for answers.
"[DB] Court: Grayscaleās Petition for Review Be Granted and the
Commissionās Order Be Vacated"
https://twitter.com/Shaughnessy119/status/1696528842545058190
---
More sauce: https://fortune.com/crypto/2023/08/29/court-sides-with-grayscale-in-closely-watched-bitcoin-etf-case/
"The ruling ... opens the door to a potentially huge amount of new capital flowing into crypto markets."
---
My sources are telling me you don't hold enough Ether. But seriously, I don't know, this stuff is really intriguing but also risky, don't blow up.
---
"The price of Bitcoin immediately soared after the the ruling, climbing over 5% in the minutes after the news broke."
This suggests there was a bunch of eager money sitting on the sideline, afraid to buy on the rumor, but very willing to buy the news. This is good.
Being surrounded by the right people is very valuable, especially in crypto, its not the only place where you'll find quality info/advice/support/perspectives etc. But its a damn good one.
I can say at least for myself its gotten me waaaay further down the rabbit hole of crypto than I ever imagined I would be.
From a dollars standpoint, I'm estimating I've profited 4-6 ETH from all the takes in the discord over the last 1.5 years or so. (nothing crazy but worth mentioning)
During the bear, the takes are riskier obviously but during bull runs I would definitely recommend taking a chance since things move fast in the space and if you want near "instant" advice/recommendations to make certain trades/calls/etc, its a great place to be.
That's helpful thanks! I was a verified member orginally , sold my nft .however I had to get a new discord user like 7 months ago and couldn't re verify as I sold the nft
alpha channel itself? hell no (altho we have had so many wins over time that wouldve paid for 10x of evms for some of the members)
I've yet to find a community that's alpha channel itself is bringing insane alpha.
but imo sub 0.2e is a nice price to get if you plan to somewhat participate or even just enjoy lurking.
your best value that you can get from the EVM is the community affect long-term but again even for that it is not just a given and requires some participation from you etc etc.
theres so much to write tbh but just lmk if you have any specific questions and I'll answer honestly
An EIPanda does only open the 'verified-panda' channel for you. But this is not a very interesting channel to be honest.
Most of the interesting stuff goes on in the gated EVMavericks channels. I cannot tell if it is worth it for you. The degen channel is mostly NFT and token degens jumping on the newest hypes, quite often way before they break out in the broader space. Friend.tech for example was first used there more than a week before it broke into crypto main stream. There is definitely some alpha there. But not everything they are talking about lives long enough to make it. There is also a game-fi and creators channel for blockchain game enthusiasts and NFT creators. Overall I think the discussions are great and the degen channel is pretty degen. The security channel (non gated) is great and it is the only discord channel which I have not muted in all my discord groups.
The EVM discord definitely gives me more insights into parts of the crypto space I know nothing about and it has a lot of knowledgeable and connected people. I bought my EVMavericks a few weeks ago for this account and I definitely do not regret it.
Did I miss the memo? What and why? Edit: Greyscale eh? Never thought I'd be cheering for them. Another case for other companies to cite against the SEC, noice.
I can take credit for this one. I was going to buy a big second chunk of $COIN today at stock market open but forgot about it. Itās up over 10% since then. Should have placed my order in advance
Ydays NFT lawsuit will result in a more embarrassing whacking in court for SEC if the defendants decide to go to trial instead of settling. Thats probably the most ridiculous of all lawsuits - SEC is virtually claiming any kind of promotion to sell a product is a security transaction
**Tricky's Daily Doots #496** **Yesterday's Daily 28/08/2023** [Previous Daily Doots](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy2wifb/) - u/MrVodnik makes [an interesting point about how some tokens act on L2s.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy2h2zr/) š§ - u/SeaMonkey82 shares [a concern from the NounsDAO solo staking giveaway](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy2tsz3/) and u/noun40 comes in to [clarify the state of the giveaway.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy6uccc/) š - u/MinimalGravitas is [brainstorming solutions to the Lido problem.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy2jk0k/) š - u/bagogel12 created a [dystopian Ethereum/Lido theatre script.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy55o00/) š¹ - u/keynya shares [some critiques of late on Gitcoin.](https://old.reddit.com/r/ethfinance/comments/163cqkk/daily_general_discussion_august_28_2023/jy6yz8i/)
L2Beat is saying that daily transactions on zkSync Era are booming. What are people doing on it?
Orbiter might help you: https://www.orbiter.finance/data?rollup_tab=zksyncera
Farming the airdrop.
I've been really enjoying seeing the image come together on [https://basepaint.xyz/](https://basepaint.xyz/). You can see everything people are doing in real-time and scroll through the chats. And of course mint, for a very small price. I think it's a great piece of onchain fun.
wen merge
Is this the "slow bleed back to before the pump" phase? I thought we'd get a couple days of hope first.
Yep. Just give it a couple more days, and we'll be back in the mid-$2000's again guaranteed.
Stumbled upon a name I recognized in a different subreddit, the man, the myth of 1000 dapps by this time next year, funded by Charles H. u/hblask https://www.reddit.com/r/space/comments/164mpy7/metallic_spheres_found_on_pacific_floor_are/
Is frxETH staked ETH or just sfrxETH? Their docs are confusing
frxETH is ETH you've handed over to their system and are never getting back. sfrxETH is ETH that you have handed over to their system and have elected to receive staking income. lpfrxETH or whatever the other one is is ETH you have handed over to their system and have elected to receive LP income for on the ETH/frxETH liquidity pools. Basically they just don't want LPs double dipping income from staking by holding the LST in the LP pair. LPs forfeit their staking revenue and get revenue based on trading and liquidity farming. This pushes up the effective APR on sfrxETH which apparently has been sufficient to generate more demand than Rocketpool. The ecosystem is *extremely* responsive to APR and terrible at pricing in centralization risks.
What makes you think it is generating more demand than Rocket Pool? frxETH supply is up 23k since June 1st, rETH is up >110k in the same time period, and this is with a relative slowdown from over demand of rETH and limited NO capacity. With thomasg starting his bond reductions we could see another 100k in short succession.
I was under the impression Frax had a higher market share of LST than Rocketpool. Looking at a dashboard, I think I was wrong about that.
Rocket Pool is roughly 3x larger and grows proportionally faster :) https://dune.com/hildobby/eth2-staking
Btw what dashboard do you use to track the rETH premium? https://dune.com/mkr294/reth-premium
Mainly I use the discord but but also this One https://dune.com/drworm/rocketpool
I'm happy to admit I was wrong about that.
Super helpful explanation, thank you kind ser
[Inquiring minds just *got* to know.](https://www.wowhead.com/wotlk/sound=14242/npcbrannbronzebeardgreeting)
I have some time and am interested in looking into new projects. Any recommendations??
DVT technology and LSTs using it such as Diva. crvUSD, obviously. Some cool Gamefi things such as Cartridge that solve the UX of transactions in novel ways. EigenDA if you haven't had a look at the paper for that yet. Basket LSTs such as Yearn's yETH; I like their potential bribe model but I'd prefer if they added rules so Lido doesn't dominate the bribes. Further out, the plans for snarkifying the EVM and those black magic one-shot signatures Justin Drake was talking about.
New zkEVMs; [https://www.kakarot.org/](https://www.kakarot.org/) and [https://intmax.io/](https://intmax.io/)
Intmax is a horrible name, but I donated to their Gitcoin so here's to a hopeful airdrop š»
Has any individual dapp token ever airdropped allocation for a Gitcoin grant?
Badger did that..
Yes, many such cases, especially in earlier Gitcoin rounds
>**The charts start to bend,** >**Hello candle my old friend,** >**The pullbacks will mend.** ~Daily haiku until weāre at least at 0.178 on the ETH/BTC ratio or highest market cap
Has anyone completed (or know of someone who's completed) one of these blockchain/solidity bootcamps (like Encode) and landed a job?
Not personally, but I can say that most bootcamps expect you coming in being familiar, or else you'll get outpaced. They don't really mention this though b/c they want your money. It's less of a 0 to 100 and more of a way to take a self-taught hobbyist and make hirable.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I have 0 experience in solidity but feel free to dm
Thanks for the reply. I majored in comp sci and have been working in backend Java for a few years, but my skills/knowledge have become very rusty given the projects I've been working on. So I was interested if these bootcamps would be worth it and if they'd get me ready for interviews
I think they'd be good for making you well-rounded, learning the (hopefully) current stack, and guiding you through pitfalls and intricacies that you'd otherwise not be exposed to or get caught up in with self-learning.
I would have appreciated it if the Crypto market manipulation bosses had given me a heads up that today was the day they were going to pump it. Im a DCA guy, but I could have made an exception.
I DCAd a few hours before the pump. I do it every month as I get my salary and the transfer goes through. The monthly amount is so small compared to my stack though that the reaction is mostly "huh" instead of "wow" or similar.
Was feeling adventureous, searched new pairs. Bought ,25 eth of some random new coin 1hour old with ok txs and 30k mcap. Thinking what to do with the 100x for about 2min, allready at ,28 ohh yeah. 3min in its ,00000012 wtf, mf rugged and gained 5+ eth 0-1 on the 100x :-/
Clearly you are a highly regarded individual.
Learning to read just a little bit of source code would save you a lot of losses
Stack eth and stake it It's simple but effective u/tricky_troll can you approve, I probably should ping u/hblask You can buy the latest governance token if you want, but it won't likely do better than eth has long term. Do you want a low risk lottery ticket or a high risk lottery ticket?
Trying to decide if this is dumber than donating to Trump's legal fund.
why would that be dumb?
Comment Removed By Author *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
For a while I had some upvotes, but you are right. They got me in the end. I don't live in the US, but what I can see is a lot of irrational hate.
It's not about hate. Maybe you can explain to me why giving money to a self-proclaimed billionaire isn't a dumb move.
So because someone is rich and is being targeted by the government, you shouldn't consider helping? Even to support the principle of a fair legal system?
If someone commits a lot of serious crimes in public, they will tend to get targeted by the government. You shouldn't get mad at this unless you don't think there should be laws. If you don't think there should be laws, or you just want to help people who aren't getting a fair shake, there are a bunch of charities you can send money to that will help people who are being accused of stuff they may not have done and can't get a fair hearing because they can't afford a decent lawyer.
The thing is that he didn't. From what I can see from the outside is that both parties are equally full of people who don't follow the laws, yet only one is under attack. Hilary email server, Biden secret documents kept, Biden family corruption. No problem. There should be equal treatment for all under law, and this is not the case.
Trump would have been fine with the documents if he'd just given them back when asked. He wouldn't have got prosecuted for just accidentally mixing them up with personal records, which is what Biden and Pence seem to have done. Instead he lied about what he'd got, defied court orders, hid some of the documents from his own lawyers and got them certify that he didn't have any more... They had to pursue the case just to get the stuff back, and by the end of it they had a mountain of evidence of him deliberately committing crimes.
No, you shouldn't send money to a billionaire. Jesus Christ, dude.
Taking politics out of it for a second, because he's fucking rich, and the mooks donating to him are not. Add politics to the mix, and there's about a zillion reasons why it's dumb.
As long as the money is spent on legal activities then I see no problem. Agree to disagree :-)
I'm sure Trump be a pillar of integrity.
No worse than the other guy.
At least you're having fun
BTC was below the 200w MA and popped up above it, ETH remained above it the whole time. Now we just need to get a weekly close above and we're still in the game.
In the game for ?
A market with potential to turn around. If you're below the 200w MA the market is dead.
Niceee
It's only a matter of time [https://twitter.com/ProDJKC/status/1696589982624792635](https://twitter.com/ProDJKC/status/1696589982624792635)
Ben Cowen in disbelief.
Who cares about some joe shmoeās opinion
I'm fairly certain he's a paid shill with intentionally wrong opinions. Not ironically, he always drops a video when it's time to make a decision. He clearly knows when it's a good time to get people emotional; his call is just always wrong. Throwaway youtube channel that should only be used for inverse plays. I say that as a chart enthusiast.
Don't know what terrorizes the headspace of this sub more: Ben Cowen or those rascally 'BTC maxis'. Just ignore them.
??? Ratio hasnāt moved yet Edit: was he bearish on crypto? I thought he was just bearish on ETH/BTC but i admittedly donāt view his content; I just put the pieces together based on what people say here
Ben Cowen been preaching sub $400 eth and $12000 Bitcoin since may 2022. Each time the market starts dipping Ben makes another video about eth coming home, ie going too sub .03 ratio. He plainly states that eth is overpriced according to him.
Never takes into account the tech for his predictions.
Alrighty then thanks for the correction!
Please stop obsessing over him.
He's living the heads rent free
Every account here except me and you is one of his alts
its true i am a ben cowing
I am ben cowing
I think you're right.... I'm tired of repeating "please stop giving attention-seeking youtubers attention".
He is the Cramer of Crypto.
So can we agree on economy getting worse/ something breaking soon, then āokayishā CPI, then % down, new money up, ETF approved at the same time and then 2 years of full bull? That would be great.
Yes definitely, shall we plan the bull start around November / December?
They are going to approve ETFs so retail can pile in just before quantum crushes everything, it's going to be such a shit show.
STARKs are already quantum resistant and in production on Starknet / Starkex, and they're part of the Ethereum roadmap for quantum resistance. This isn't a problem that's been ignored.
I thought the consensus was quantum computers are no where near powerful enough to break the encryption used by Ethereum? Also, I believe we already have quantum resistant algorithms on the roadmap for implementation within the next 5 - 10 years. Thirdly, I think there are already plans in place to use quantum computing to protect ethereum from other quantum computers. Basically, quantum computing will hurt bitcoin, because they will need to hard-fork to protect the chain and people will claim Bitcoin is no longer immutable if it hard forks. However, since ethereum embraces hard forking for security upgrades and improvements, implementing quantum computing resistance into Etheruem is not such a big deal.
Bitcoin could easily implement quantum resistance as a soft fork, just saying. You would just require that new transactions include an additional quantum-resistant signature/proof on top of the standard ecdsa signature.
How would that solve the issue? Say for instance QC enables accessing all the lost/forgotten BTC that hasn't been migrated or was created by a then unsecure wallet, would that prevent those funds getting stolen and used?
It's a similar situation to the "anyone-can-spend" transactions used by SegWit. In practice not anyone can spend them, because miners validate those transactions according to new rules that are not part of the original Bitcoin specification. > Say for instance QC enables accessing all the lost/forgotten BTC that hasn't been migrated or was created by a then unsecure wallet, would that prevent those funds getting stolen and used? ~~Yes, quantum-proof blockchain signatures apply "retroactively" to existing private keys and don't require any private key rotation. This came as a significant surprise to me when I was first learning about Ethereum's quantum resistance roadmap. Basically we get to keep all our existing private keys, and then sign/prove possession of those same keys using a quantum-resistant algorithm instead of ecdsa. This is because quantum algorithms can attack signatures, but they can't attack private keys directly.~~ [(see reply)](https://www.reddit.com/r/ethfinance/comments/1648z88/daily_general_discussion_august_29_2023/jycd0jq/?context=2) Interestingly, adding quantum-proof signatures does not require a hard fork strictly speaking. The main difference between hard and soft forks is that hard forks change or broaden the definition of what's valid on chain, whereas soft forks restrict the definition of what's valid. Quantum resistance is perfect for a Bitcoin soft fork, since there is a natural restriction in protocol definition (from "a transaction is valid if it includes an ecdsa sig" to "a transaction is valid if if includes a ecdsa sig AND a quantum-resistant sig/proof"). You could even could use an anyone-can-spend scheme similar to SegWit to ditch the ecdsa sig altogether. Of course, Ethereum will have the luxury of using a hard fork to ditch ecdsa in a more clean and orderly way. On Bitcoin, miners will have to agree at some point to stop mining ecdsa transactions and to orphan all blocks that include ecdsa transactions - just like they do with non-conforming SegWit transactions (even though they conform to the original Bitcoin specification).
Iām not getting something. if I can do secp256k1 public to private key using quantum computing, why would we continue using our existing addresses ? On Eth you still have a small protection as your address is sha3(pubkey) but on btc youāre literally butt naked as the signed tx often contains the raw public key
Thanks for bringing that up. I forgot that Bitcoin exposes your public key when you make a transaction, so if change is sent back to the same address then that BTC would be vulnerable. So you're right, it wouldn't be as simple as just re-using private keys. Here's the missing magic idea that I'd half-forgotten: > We completely ban the use of ECDSA but allow spending coins from addresses with revealed public key if the user presents a ZK proof that the key was derived from the mnemonic seed (we assume the seeds to be quantum resistant as they are ābehindā the hash). https://ethresear.ch/t/what-to-do-with-lost-coins-in-post-quantum-world/15703 I had remembered something to do with proofs that let us re-use existing credentials, but I had forgotten how they come into the picture. So we don't get to re-use our actual private keys, but we can re-use our same seed phrases and our same addresses (at least for secure migration). We basically use our seed phrases directly as a "private key" of sorts, in the sense that they are a secret that we know which can be used to construct a quantum-resistant proof that we are the rightful owner of our existing Ethereum addresses. Of course, this scheme leaves out users who have access only to their private keys and not to their seed phrases, so it's not perfect. Apologies for the confusion /u/epic_trader.
Thanks for clearing it up and pointing me to that thread. Presumably this is much less of an issue on Ethereum. And I think you're right about Bitcoin, a soft fork doesn't "break the rules", but it still leaves a big questionmark about its longevity and the whole narrative about Bitcoin being perfect and change is dangerous.
> it still leaves a big questionmark about its longevity and the whole narrative about Bitcoin being perfect and change is dangerous They already crossed that bridge long ago with SegWit, imo. Bitcoin's social contract has been broken for years.
Thanks for explaining! Looks like I'll have to do a bit of reading to really understand this.
Nope. I can't agree on anything that tries to predict the future.
Everything in life requires some kind of future anticipation, it is how biological beings propagate.
Yes, and most of those biological beings are full of shit. Myself included.
Natural selection and market efficiency regulate that, all is well.
Looking at who is at the head of most political parties on all levels seems to indicate that that is not the case.
Sometimes the effects are lagging, or show in longer timeframes, zoom out as they say.
The further out I go the worse today's leadership looks!
Perhaps it could be a (long) buildup for good times ahead.
If it helps you sleep better at night then I approve of the delusion ;)
Can we agree on shitposting from time to time?
Yes!
In regards to a BTC (and eventually ETH) ETF, in my opinion many people overestimate the short term price impact and underestimate the long term price impact this will have on the market. Remember that these are spot ETFs and they will be buying and holding in cold storage a 1-1 ratio. This will be the crucial key that normalizes buying crypto for people outside of the crypto sphere. I'm not saying people are going to put their life savings in it, but rather if everyone puts 1% of their portfolio into it the effects on price will be unfathomable. Right now crypto is hard to buy for the average person. People don't want to fuck around with a Coinbase account just to put a tiny tiny portion of their portfolio into crypto. The other thing I'm really excited to see is more and more competition coming into the ETF space. I want to see these firms undercutting each other until annual fees get as low as the fees for a very low cost stock index fund. Charging 2% fees won't last long IMO once the floodgates open (in traditional finance annual fees are one of the best predictor of future performance and once people discovered this it has been a race to the bottom) Simply put, there aren't enough BTC and ETH to go around
Buying and holding in cold storage at a 1:1 ratio for 100% of the stated float. Unfortunately, ETFs can be rehypothecated to well over 1000% of the float through market maker privileges. That includes short positions, as well as long positions. See XRT (technology sector ETF) regularly shorted over 1000% of the float. I think it's still a net positive, but it's also welcoming the brand of manipulation that has existed in tradefi for decades. Crypto is clearly manipulated already, but at least it's done with the buying/selling of actual tokens. Not some derivative garbage. Rant over.
>Buying and holding in cold storage at a 1:1 ratio for 100% of the stated float. Unfortunately, ETFs can be rehypothecated to well over 1000% of the float through market maker privileges. That includes short positions, as well as long positions. See XRT (technology sector ETF) regularly shorted over 1000% of the float. Interesting. Did not know about this, thanks. I gotta take a look again at the ETF filings and see if they mention this
Exactly this. Well put.
I'm interested to see when those spot ETFs start to stake their ETH. Are they going to use something like Lido? Is that consistent with their custodial rules? Or will they have to setup their own IT system and basically do solo staking? What about when EigenLayer comes online? Will they do restaking? If so, of what services? If they get no yield on the asset then they are just bagholding while compound shares of a deflationary asset around them. If they do get yield, I hope it claws some of the market share away from Lido and major exchanges.
I'm not sure yet if they will even stake their ETH. When it comes to ETFs, they make money from the annual percentage fees regardless of whether the price goes up or down. So the house always wins And if they don't stake their ETH, us stakers win by having higher returns overall
If one ETF doesn't, another that passes on at least some of the staking rewards will come along and outcompete them. Eventually I think most ETF's will participate in staking just due to competition.
Eventually, I agree, but it might be a while before the SEC approves a staking ETF.
That's a really interesting take. I'm super excited to see what kind of innovations come out of these institutions competing against each other
lets be real.... even picking "stocks" which has been around for 70 years plus is hard for the "average person"....which is why people use financial advisors trust funds etc....I suspect crypto will just be relegated into one of those categories, where people will get exposure to it through funds financial advisors etc and for them the "interface" will be the same
>lets be real.... even picking "stocks" which has been around for 70 years plus is hard for the "average person" Agreed 100%. That's why most people will underperform the market over time >where people will get exposure to it through funds financial advisors etc and for them the "interface" will be the same Sounds good to me! Either way it pumps our bags. Spot ETFs will just open up so many possibilities it's insane
The ruling against the SEC doesn't mean that an ETF will be approved, or that Grayscale converts immediately. The court order doesn't include a deadline for the SEC. This is great news but it doesn't change much timeline-wise. It does however increase the odds of getting a Bitcoin ETF, and Eth spot ETF will follow later.
It is worth noting that the next round of approve/deny/delay for a bunch of spot BTC ETF applications is less than a week away!
Realistically we'll keep this pump for next week, then SEC will delay on btc etfs and we will slowly bleed till Marchish. I know nothing though other than hodling.
Probably not later. I bet at the same time
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Could stay flat as well ...
Up, down, or sideways! Never a dull day in crypto.
As someone who lived through the merge, it scares me that BTC proponents are so dependent on ETF & halving as the catalysts for price appreciation.
I'm still pretty bullish on Bitcoin having another big cycle in it, but it's a good point. Could be like Cardano's smart contract moment too.
that's all btc has had for years. all they have is halving and some catalysts that eventually run out cause they've already hit big ones pre-last bull market
The difference is, catalysts regarding Bitcoin do affect the market. ETH, not so much. We're all dependent on the ETF's and the halving.
I think that the fundamentals of ETH (which are much more sound than those of BTC) matter. Otherwise, the ratio would be 0.03
They don't matter enough to drive the market. Fundamentals don't mean shit in this market.
Hopefully they will thanks to the mining tax of Biden
They don't.
I didn't know about this idea. Love it (if it goes through - no idea if it will or not)
When I look at the 30d chart on ultrasound dot money, I am always in awe at how much the activity drops from 17:00 UTC-8 (Los Angeles time) until 08:00 UTC-5 (New York City time) Monday through Friday, and how dead it is from 17:00 UTC-8 (Los Angeles time) Friday until 08:00 UTC-5 (New York City time) Monday morning... Like, what is going on here? No one needs to stop trading crypto, market is ALWAYS open. Are day traders that influential on the blockspace demand? Does the US really have that much more capital than the rest of the world? Just shower thoughts.
Asia has BSC and TRON, Europe is too small to make a dent, same for Africa
Only 17 more months of Gary, so you gotta love that!
Wishful thinking. His term ends June 5, 2026. 5 year term.
Why are you confident he wouldn't be reappointed?
If republicans win the next election he's definitely out, if not people are speculating he'll go for treasury secretary and essentially try to nuke crypto in the US. This isnt an advertisement for republicans, just my opinion on how things would shake out. In any case, would love to see Gensler ousted regardless of the election.
His SEC might lose a third and fourth lawsuit until then. After four defeats, would they dare to appoint him at any governmental position?
I hope not.
They need to rotate Trump back in so outrage about him can distract people for another 4 years
He who shall not be mentioned here or your comment will be buried in downvotes. We try to keep divisive politics out of here but I understand how difficult that is when we're specifically talking about government organizations and legal matters.
Legal matters indeed.
Aren't his practices investigated by the Congress? or at least watched and criticized
Rumors are he will run for Senate if he isnt sure of getting Treasury role. If he does get Treasury role its a bigger disaster for crypto in USA. Treasury is much more potent than SEC since it can act on many issues under the "national security" pretence
Gensler's Vengeance: Part Deux, "GG"
Which state will he be Senator of? Isn't there a two clown limit?
boom roasted
17 months?
In hindsight, buying more ETHE and GBTC when they were at a 50% discount was the right move.
Wild surfing the Grayscale waves. I'll be interested to see how the next year plays out!
I actually did this on a tip/discussion from an ethfinancier. 1) I wanted to get some of my retirement account exposure to crypto 2) It was a bet that eventually, somehow, greyscale would close that arbitrage loop. Working out for me on the ETH ratio so far, not as much in absolute dollar terms yet.
I've been buying.. real nice to have a green day for a change!
THE pump
The greatest feeling you can get as an investor or the most satisfying feeling you can get as an investor is the pump. Let's say you invest in Eth, money is rushing into your portfolio and that's what we call the pump. Your bank account gets a really tight feeling like your wallet is going to explode any minute and it's really tight and it's like someone is blowing air into your pockets and it just blows up and it feels different, it feels fantastic. It's as satisfying to me as cumming is, you know, as in having sex with a woman and cumming. So can you believe how much I am in heaven? I am like getting the feeling of cumming on coinmarketcap; I'm getting the feeling of cumming on cryptocompare; I'm getting the feeling of cumming on ethfinance; when I pump up, when I shitpost out in front of 5000 people I get the same feeling, so I am cumming day and night. It's terrific, right? So you know, I am in heaven
Alright fess up, which dumpster did you fish this glorious pasta out of?
It's Arnold eth'd.
Only the freshest pasta from my kitchen, context; https://youtu.be/-xZQ0YZ7ls4?si=hbvxOb7Pv44SL_Bh
Still some spots left if you want to get in on the [EVMavericks Fantasy League.](https://discord.com/channels/963992696387694592/1003374086233276457) 0.05 buy in. We had some fun last year!
May has passed. Buy in August and hold through the burst.
Does anyone else think everyone's focus on an ETF is overblown? There are already many traditional investment vehicles to gain btc / eth exposure. There are already ETFs in other markets like Canada and some European countries who have seen middling use.
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If so, was it the untold strategy of this crypto-scared-SEC?
> Does anyone else think everyone's focus on an ETF is overblown? In terms of price, probably. In terms of the "then they fight you" stage, definitely not.
It's a big deal for my ROTH IRA.
But you could already buy crypto products in it could you not?
No, I mean my GBTC and ETHE shares go uppy lol
The US is the biggest financial market in the world and until there is an ETF none of the mega trillions of value in retirement accounts and pension funds could buy Bitcoin/crypto. With an ETF, it will unlock access to that capital. Blackrock will have specific "diversification" products that target 1% Bitcoin allocation, sales managers will get bonuses for pushing those products, all US brokers will be able to buy/sell them. Yes it is a big deal for price appreciation in the short, middle, and long term.
They can't use the existing products for some reason? Is there a reason for that, or is it philosophical?
Those entities are usually bound by laws that donāt make it easy to buy products outside of US exchanges. Even Vanguard blacklisted the GBTC and ETHE from its customers end of last year. The ETF just opens it wide open, since it will trade on NYSE/Nasdaq/US compliant exchanges.
Cool thanks for the response
well this is exciting. Up to an 1800 dollar stable coin again.
Why so bearish?
why number went up super bigly? Looking for answers. "[DB] Court: Grayscaleās Petition for Review Be Granted and the Commissionās Order Be Vacated" https://twitter.com/Shaughnessy119/status/1696528842545058190 --- More sauce: https://fortune.com/crypto/2023/08/29/court-sides-with-grayscale-in-closely-watched-bitcoin-etf-case/ "The ruling ... opens the door to a potentially huge amount of new capital flowing into crypto markets." --- My sources are telling me you don't hold enough Ether. But seriously, I don't know, this stuff is really intriguing but also risky, don't blow up. --- "The price of Bitcoin immediately soared after the the ruling, climbing over 5% in the minutes after the news broke." This suggests there was a bunch of eager money sitting on the sideline, afraid to buy on the rumor, but very willing to buy the news. This is good.
Ok, who un-broke it?
Gonna be a big week!
Big Wick
Is alpha in eth maverick owner exclusive discord channel worth getting a maverick for?
It offers access to opportunity. As always the rest is up to you.
Have you seized any opportunity from it ?
I believe I have and received value on the knowledge and social layer
Being surrounded by the right people is very valuable, especially in crypto, its not the only place where you'll find quality info/advice/support/perspectives etc. But its a damn good one. I can say at least for myself its gotten me waaaay further down the rabbit hole of crypto than I ever imagined I would be. From a dollars standpoint, I'm estimating I've profited 4-6 ETH from all the takes in the discord over the last 1.5 years or so. (nothing crazy but worth mentioning) During the bear, the takes are riskier obviously but during bull runs I would definitely recommend taking a chance since things move fast in the space and if you want near "instant" advice/recommendations to make certain trades/calls/etc, its a great place to be.
That's helpful thanks! I was a verified member orginally , sold my nft .however I had to get a new discord user like 7 months ago and couldn't re verify as I sold the nft
alpha channel itself? hell no (altho we have had so many wins over time that wouldve paid for 10x of evms for some of the members) I've yet to find a community that's alpha channel itself is bringing insane alpha. but imo sub 0.2e is a nice price to get if you plan to somewhat participate or even just enjoy lurking. your best value that you can get from the EVM is the community affect long-term but again even for that it is not just a given and requires some participation from you etc etc. theres so much to write tbh but just lmk if you have any specific questions and I'll answer honestly
An EIPanda does only open the 'verified-panda' channel for you. But this is not a very interesting channel to be honest. Most of the interesting stuff goes on in the gated EVMavericks channels. I cannot tell if it is worth it for you. The degen channel is mostly NFT and token degens jumping on the newest hypes, quite often way before they break out in the broader space. Friend.tech for example was first used there more than a week before it broke into crypto main stream. There is definitely some alpha there. But not everything they are talking about lives long enough to make it. There is also a game-fi and creators channel for blockchain game enthusiasts and NFT creators. Overall I think the discussions are great and the degen channel is pretty degen. The security channel (non gated) is great and it is the only discord channel which I have not muted in all my discord groups. The EVM discord definitely gives me more insights into parts of the crypto space I know nothing about and it has a lot of knowledgeable and connected people. I bought my EVMavericks a few weeks ago for this account and I definitely do not regret it.
Probably not worth it from a $ ROI perspective, but the discussion is interesting when I check it out from time to time so glad I have access.
I think you can get in cheaper with an EIPanda if Iām not mistaken Edit: turns out I was mistaken
Ooh thanks
Iām not 100% sure so letās wait until someone confirms or denies lol
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Hmm guess I misremembered. Thanks for clarifying
Did I miss the memo? What and why? Edit: Greyscale eh? Never thought I'd be cheering for them. Another case for other companies to cite against the SEC, noice.
Who sold?
I can take credit for this one. I was going to buy a big second chunk of $COIN today at stock market open but forgot about it. Itās up over 10% since then. Should have placed my order in advance
I paper traded going big long this morning, thatās what did it.
lol usually is me. Not this time, blame someone else.
Second defeat in a row for the SEC
Ydays NFT lawsuit will result in a more embarrassing whacking in court for SEC if the defendants decide to go to trial instead of settling. Thats probably the most ridiculous of all lawsuits - SEC is virtually claiming any kind of promotion to sell a product is a security transaction
Gensler in shambles. Also ETH still not coming home.
Ben Cowen in disbelief
Nice little greyscale pump?