Anyone paying attention to Chia?

Dfinity launch tomorrow. Fill my bags.

Why is Cardano pumping?

How high of a risk am I taking having 5+ figures on a couple exchanges to take advantage of their exchange tokens?

For example, they have a VISA card linked to their exchange. Should this drastically reduce the risk?

Youre fine

even though I'm not a big fan of technical analysis, I've never seen a resistance testing 4 times and failing, so I'd be very surprised if Cardano fails to break this time to the upside. But as everything is correlated charts are very similar with lots of other cryptos, take a look at dot, xlm etc.

Also I think Ethiopian deal which was already priced in, is huge not only for Ada but for the entire cryptospace in general, it's a proof that bigger projects in crypto are here to stay

New coin. I am not a financial advisor. DYOR.

Sperm good ser

Any opinions on FORTH?

Anyone have experience with any eth > bsc bridges? I've used Binances's bridge quite a bit, but limits quite low per tx

the best bridge is your binance account

It's not. I'm in the US

SHIBA is going nuclear.

Binance.us doesn't have a bsc bridge?

Multichain.xyz works well

look at vitaliks wallet, haha

he swinging billions every hour

Nope even their DE bridge is geolocked. Thanks I’ll check it out

I have close to 6 digits of $FTM stuck in multichain.xyz for 48hours now, spookyswap pools are too juicy. Apparently it will at least take 6 days until they have the liquidity to send the $FTM on the FTM blockchain lol.

Pretty unacceptable imo, I hope $FTM will not dump too hard in the meantime.

Sometime I feel like I'm trolled when I see the name of random services you all use

Except number go up. I'm just going to continue apeing on spirit, spooky and froyo (weekly drop for veCRV ppl) until returns are less and/or swap is better.

Multichain was really good until Fantom got really juicy and swap liquidity dried up.

i made a mistake and sold 5k matic when i surged to .88 and started dripping down to .87 as it keeps on trucking now at .96 after trading near .70 just 24 hours ago

dumped all my non staked knc at 4 when it hit a sell order i wasn't expecting to hit, still holding most of it on their staking pool - perhaps the best benefit i get out of staking is it's safe from my impulsive buys and sells

they've been working out alright as i'm operating under the premise that most coins tend to rise and fall together so when one spikes i sell it and find something that hasn't spiked when the others did, spend 15 minutes seeing if it doesn't scream vaporware to me and then buy it and it usually catches up to the rest of them and then i sell that and look for the next under performer - on average hold about 2-3 days, it's worked out well so far but hard not given how the market has been lately and i'm definitely legit concerned about buying a sumper which is dumping for a genuine vaporware reason that i haven't uncovered - hence why i'm going to start staking more and more and finding moonshots like eddy's shiba inu play where i just dump some in and close my eyes and leave it alone

I understand the concept of call options in general but hoping someone can check if my understanding is correct of how Deribit works:



Picking a random strike price of $6k:

The premium is between $1023 and $1067, which means that the breakeven price of ETH would need to be just over $7k on the option date. Does this contract refer to 1 Ethereum? So if ETH was to go to say $9k on the expiry date then this would result in a net profit of $2k? I'm asking because I believe a stock option contract usually refers to 100 shares rather than a single share.

The downside is that if ETH never gets to $7k then your $1k premium paid is completely lost. The benefit would be that if ETH got to $9k, instead of making $5k on a $4k (125% ROI) investment given the current price of ETH, you make $2k on a $1k investment (200% ROI) with less capital invested.

Once the premium is paid, am I correct in assuming that there are no ongoing maintenance/margin requirements?

you're assumptions are correct

Which stablecoins do you/would you use?

I figure:

DAI, sUSD - de-pegging risk
USDC, PAX, GUSD - KYC/AML freezing risk
USDT, BUSD - regulatory + de-pegging risk


A lot of whales seem to put a lot of trust in Tether holding significant sums.

At the moment I'm leaning towards USDC/DAI 30/70 split holding for some yield generation, but maybe I should trust Tether more? Also maybe Fei if it stabilizes.

everything is x100, it's a much larger scale than you're dealing with

i wouldn't get involved in options, it's where people who ask how they work lose their money

Who just holds stablecoins?

The few stablecoins I hold are all in pools so you are exposed to any of them losing peg anyways.

I'm personally not really worried about the big ones losing peg, but on there are lots of shitty ones and (semi-) algo "stablecoins"