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Bitcoin / Cryptocurrency Discussion (And Predictions)

Timmy C

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Yeh I get what you mean I don't think anyone really knows where the market goes but I am being systematic with my buys next buy is in 3 months from now. I am just accumulating what I believe with survive the bear, trying to hold only quality projects. I donno about xrp TBH haven't done any research on it and I have enough coins at this stage. We will see what happens!! I'm not worried, I tend to do the opposite of others like to buy it low and when market sentiment is depressed.

I hold Bitcoin,ethereum,nano,vechain,stellar,cardano,omisego just in case anyone wants to fill my bags :p

You also have to take into account CGT tax aswell that can always effect profits if you don't hold more than a year. Well it does in Australia.

Just patting my past self on the back.

Good job you!
 
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Sethamus

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CBDC is extremely bullish for cryptocurrencies.
CBDC will destroy everyone's privacy, if they want taxes they take it right out of your wallet.
Once people see all of the issues with CBDC it will be very easy for them to move to crypto as they were forced to learn how to use a digital wallet due to it.
At that point, it will be very easy for them to switch to crypto.
Yeah I don’t agree. They will preach how volatile the private cryptos are(btc,Eth) to get mass adoption of their bank coins. If they do the same thing as gold they will then try to regulate the purchase of btc to make it hard and buy as much as they can to become majority shareholders. Once again becoming the ones who own all of the real money. If everyone is running around with masks for covid and acting crazy do you think the sheep will buy btc when their government says it is illegal?

They are already starting to discount btc over their bank coins if you start googling articles from them.
 
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Timmy C

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Yeah I don’t agree. They will preach how volatile the private cryptos are(btc,Eth) to get mass adoption of their bank coins. If they do the same thing as gold they will then try to regulate the purchase of btc to make it hard and buy as much as they can to become majority shareholders. Once again becoming the ones who own all of the real money. If everyone is running around with masks for covid and acting crazy do you think the sheep will buy btc when their government says it is illegal?

They are already starting to discount btc over their bank coins if you start googling articles from them.
You do make a compelling argument.

If covid taught us one thing, it's that there is no shortage of sheep!
 

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Banks have our best interest at heart. Bitcoin and crypto are only used by drug dealers, so best to steer clear or you become a criminal by default.

Thinking for yourself is frowned upon, best we just do what they say.
 

Timmy C

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Banks have our best interest at heart. Bitcoin and crypto are only used by drug dealers, so best to steer clear or you become a criminal by default.

Thinking for yourself is frowned upon, best we just do what they say.

I'm dealing drugs, and they are called satoshicaine.
 
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AceVentures

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Real estate. Precious metals. Stocks. You know how much they've gone up over the past, idk, say 20 years?

If you denominate their price by the ballooning fed balance sheet - you'll notice they've actually not done shit. Since the crash in 2008 and the massive growth in debt - every one of these asset classes you look at has barely held it's own. This intuitively makes sense - wages were tarnished and many people never went back to work. Distrust has been growing and all economic/social/political aspects of our lives have been growing more tense.

Fastforward to 2020+ and the balance sheet has been on a straight vertical line up. No end in sight. Printing trillions. Everyone around the world. The USD doesn't seem to be going down? How come? Well everyone is printing. CPI seems to be fine and inflation is not a real problem... Where does all that money go? Debasement. It hides under higher asset prices. If scarce/valuable assets are a means to attach our savings to - well people's ability to create meaningful savings is becoming exponentially more expensive as our leaders take our future wealth from us.

CPI doesn't change much, your toilet paper might not cost you much more, but good luck buying a house now. Good luck trying to create "wealth" over the long haul. Good luck protecting your wealth. Good luck not getting rugged by the country your money is tied to.

Bitcoin and crypto in general, belong to the only asset class that has outperformed every other asset class, while the others barely held their ground since 2008. Why they're now booming is because they were built for this type of thing. They're the ultimate antidote for the problems we're facing. Don't look at the prices, go read the Bitcoin whitepaper first and then go learn fiscal and monetary policy, learn the history of money and our relationship with it, the history of economy tied to governance. It all ties beautifully.

Guys wake up - the printing is not going to stop. There is no stopping it at this point. The central bankers have spoken - they will do everything in their power to keep this from going down, and their only remaining option at this point is to create more dollars. If you are holding on to this belief that the ballooning debt across the world is somehow going to be financed you're F*cking delusional man. Wake up, the new world, the next technological revolution is happening today and it's infrastructure needs money. The trillions being printed will create this new system, because there is no way in hell the previous system can be bailed out at this point. I know it. The governments know it. Even you know it.

The future belongs to those who create it. It is not being created by the old farts that have vaults of shiny metal. In fact, in this new world, the creators dislike the vaults of shiny gold AND the farts that sit on top of them. Their imagination and their ability to collaborate with one another allows them to create new forms of shared belief. New economies. These economies already exist but people don't F*cking understand because they think it's just "dumb kids addicted to their phones" and refuse to appreciate what's actually happening across these digital ecosystems.

How many more trillions need to be printed before you realize there's no end to this? The train has left the station - if you're waiting for people to start buying gold all of a sudden you're not paying attention to what's happening. You're refusing to see that crypto is the innovation the world needs most today. Every talent, every industry, every person, every conversation, is converging to crypto. If you like "technology" and you appreciate "Uber" and "self-driving cars" and stuff like that - how do you not see that crypto is a new form of technology that is eating up every other technology.

Why you think this is a scam is in my opinion because you're actually not as unscripted as you think you are. You've accepted the narrative as you've heard it but have not begun to think for yourself. This new truth would challenge the previous truth you knew, and challenging it is exhausting and frightening. I understand. But if you have not asked enough questions - in your ignorance you will miss the most obvious and life-changing opportunity of our times.

I'm fully prepared to be wrong and to lose everything I've got. Are you?
 
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mguerra

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Real estate. Precious metals. Stocks. You know how much they've gone up over the past, idk, say 20 years?

If you denominate their price by the ballooning fed balance sheet - you'll notice they've actually not done shit. Since the crash in 2008 and the massive growth in debt - every one of these asset classes you look at has barely held it's own. This intuitively makes sense - wages were tarnished and many people never went back to work. Distrust has been growing and all economic/social/political aspects of our lives have been growing more tense.

Fastforward to 2020+ and the balance sheet has been on a straight vertical line up. No end in sight. Printing trillions. Everyone around the world. The USD doesn't seem to be going down? How come? Well everyone is printing. CPI seems to be fine and inflation is not a real problem... Where does all that money go? Debasement. It hides under higher asset prices. If scarce/valuable assets are a means to attach our savings to - well people's ability to create meaningful savings is becoming exponentially more expensive as our leaders take our future wealth from us.

CPI doesn't change much, your toilet paper might not cost you much more, but good luck buying a house now. Good luck trying to create "wealth" over the long haul. Good luck protecting your wealth. Good luck not getting rugged by the country your money is tied to.

Bitcoin and crypto in general, belong to the only asset class that has outperformed every other asset class, while the others barely held their ground since 2008. Why they're now booming is because they were built for this type of thing. They're the ultimate antidote for the problems we're facing. Don't look at the prices, go read the Bitcoin whitepaper first and then go learn fiscal and monetary policy, learn the history of money and our relationship with it, the history of economy tied to governance. It all ties beautifully.

Guys wake up - the printing is not going to stop. There is no stopping it at this point. The central bankers have spoken - they will do everything in their power to keep this from going down, and their only remaining option at this point is to create more dollars. If you are holding on to this belief that the ballooning debt across the world is somehow going to be financed you're f*cking delusional man. Wake up, the new world, the next technological revolution is happening today and it's infrastructure needs money. The trillions being printed will create this new system, because there is no way in hell the previous system can be bailed out at this point. I know it. The governments know it. Even you know it.

The future belongs to those who create it. It is not being created by the old farts that have vaults of shiny metal. In fact, in this new world, the creators dislike the vaults of shiny gold AND the farts that sit on top of them. Their imagination and their ability to collaborate with one another allows them to create new forms of shared belief. New economies. These economies already exist but people don't f*cking understand because they think it's just "dumb kids addicted to their phones" and refuse to appreciate what's actually happening across these digital ecosystems.

How many more trillions need to be printed before you realize there's no end to this? The train has left the station - if you're waiting for people to start buying gold all of a sudden you're not paying attention to what's happening. You're refusing to see that crypto is the innovation the world needs most today. Every talent, every industry, every person, every conversation, is converging to crypto. If you like "technology" and you appreciate "Uber" and "self-driving cars" and stuff like that - how do you not see that crypto is a new form of technology that is eating up every other technology.

Why you think this is a scam is in my opinion because you're actually not as unscripted as you think you are. You've accepted the narrative as you've heard it but have not begun to think for yourself. This new truth would challenge the previous truth you knew, and challenging it is exhausting and frightening. I understand. But if you have not asked enough questions - in your ignorance you will miss the most obvious and life-changing opportunity of our times.

I'm fully prepared to be wrong and to lose everything I've got. Are you?

Man, your posts are simply beautiful. Thanks for all your insightful and well constructed writings

:clap::
 

AceVentures

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Man, your posts are simply beautiful. Thanks for all your insightful and well constructed writings

:clap::

I come on this forum, and I get passionate, and I share to my best understanding how I see the topic that is being discussed here on this thread every day. I do it, because in a world where people are scratching their heads to find the truth, that come to this forum looking for a way out of their shitty jobs, a way to finally be free, there needs to be more discussion around what's possibly the most fastlane opportunity we've ever seen.

I keep talking about it, and educating myself, and educating as many people as I can, because there's people like Bill Maher that go live TV and dissuade millions of people from finding this truth. They make a joke out of it and tell you about the CumRocket token to make sure you really see it's just a scam. It's a real disservice and a shame, but not surprising. Innovation and disruption come with great resistance.

View: https://www.youtube.com/watch?v=HaJpYjO136o


Don't be like Bill and his friends - do your own homework.

*And don't take financial advice from a comedian.
 
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mguerra

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I'm fully prepared to be wrong and to lose everything I've got. Are you?

Bruh, I shoved ALL MY MONEY (recently exited my previous startup) in BTC when it was at $17k.

How bout that?

Ps: Once again, I used the Weighted Averaged Decision Matrix to make this decision. When it was all put on paper it seemed really stupid not to do.

Thank God I was right. But I wouldn't shy away even one inch If I was wrong.

I'd take it one the chin and move on. Matter of fact, the reason I was able to seize this opportunity now is because I lost some money in crypto back in 2017.

We lose, we learn and we earn.

Let's keep crushing it!
 
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AceVentures

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I suspect many folks are afraid to take a stance, because being wrong on an entrepreneurial forum, on a topic about money, can be painful in retrospect.

I'll be first to take the future L: let this be recorded and anyone can requote this in the future and laugh at me.

"I believe in magical internet tokens more than I believe in the current money system"

Maybe this will give someone else courage to open a dialogue.
 

AceVentures

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Bruh, I shoved ALL MY MONEY (recently exited my previous startup) in BTC when it was at $17k.

Every asset I had went into crypto. I even cashed out of my 401k and paid the early-withdrawal penalty with a smile on my face. Never looked back.

I can just see people fuming - diversification is king! Don't gamble with your life savings. You're fools in a ponzi-scheme! Oh the irony...

I control all of my assets personally. Within clicks I can participate in a global economy. I can do business with anyone across the globe, and I don't have to worry about who they are, what bank they use, if they have the right payment channel set up or any of the other mechanisms that set us back.

If the crypto market saw a sudden rally, most people wouldn't even be able to catch it go up because their legacy financial rails would be locking up their funds, slowing down transactions, asking for KYC and blowjobs and all the rest. By the time the money hit the token 2 weeks later, the opportunity would not be the same.

Thank God I was right. But I wouldn't shy away even one inch If I was wrong.

I'd take it one the chin and move on.

Glad to see other folks embrace the risk. I could care less what people think, I'm never going back to asking anyone for permission.
 
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Antifragile

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If you spend as much time treating it like a fast lane enterprise as @AceVentures it seems reasonable to be committed to it the same way. Most, I’d imagine, who are already with an established business venture, aren’t going to follow “all in” into crypto.
The existing monetary system isn’t going anywhere anytime soon. The future is a mix of existing and new. Just like Twitter didn’t cancel CNN and Fox. Crypto won’t cancel the banking system.
 

PeterBoss

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If the crypto market saw a sudden rally, most people wouldn't even be able to catch it go up because their legacy financial rails would be locking up their funds, slowing down transactions, asking for KYC and blowjobs and all the rest. By the time the money hit the token 2 weeks later, the opportunity would not be the same.
I assume you are buying P2P or mining then...?
Not being facetious, just genuinely interested.

My main issue with exchanges and such is the traceability of the operations and that most of them have KYC in place, which means that the gob will try to tax for capital gains. Not a problem if you hold forever I guess.
 

AceVentures

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I bought OTC and took my funds into my own wallet.

P2P entrance would be ideal.

Ultimately taxation is not a bad thing - that's what's most likely coming ASAP to this space. What it will do however is make participants question which jurisdiction they want to be a part of, creating opportunities for more progressive leadership to compete in offering the most incentives to citizens.
 
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AceVentures

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Another way I think about it is this: the "tax" I pay is sort of like the MEV (miner extractable value) that I pay to the network for securing me.

What DAOs enable is for systems like this to create new pools of money to be distributed for a variety of purposes. This is already happening. Programmable money creates programmable governance.

The ETH economy, for example, is taxing me for participating in it. And people that own the bonds will get the tax. I would much rather think about future economies and taxation from this standpoint - because I see it as the more efficient model and what's inevitably coming to the idea of governance.
 

Kevin88660

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Real estate. Precious metals. Stocks. You know how much they've gone up over the past, idk, say 20 years?

If you denominate their price by the ballooning fed balance sheet - you'll notice they've actually not done shit. Since the crash in 2008 and the massive growth in debt - every one of these asset classes you look at has barely held it's own. This intuitively makes sense - wages were tarnished and many people never went back to work. Distrust has been growing and all economic/social/political aspects of our lives have been growing more tense.

Fastforward to 2020+ and the balance sheet has been on a straight vertical line up. No end in sight. Printing trillions. Everyone around the world. The USD doesn't seem to be going down? How come? Well everyone is printing. CPI seems to be fine and inflation is not a real problem... Where does all that money go? Debasement. It hides under higher asset prices. If scarce/valuable assets are a means to attach our savings to - well people's ability to create meaningful savings is becoming exponentially more expensive as our leaders take our future wealth from us.

CPI doesn't change much, your toilet paper might not cost you much more, but good luck buying a house now. Good luck trying to create "wealth" over the long haul. Good luck protecting your wealth. Good luck not getting rugged by the country your money is tied to.

Bitcoin and crypto in general, belong to the only asset class that has outperformed every other asset class, while the others barely held their ground since 2008. Why they're now booming is because they were built for this type of thing. They're the ultimate antidote for the problems we're facing. Don't look at the prices, go read the Bitcoin whitepaper first and then go learn fiscal and monetary policy, learn the history of money and our relationship with it, the history of economy tied to governance. It all ties beautifully.

Guys wake up - the printing is not going to stop. There is no stopping it at this point. The central bankers have spoken - they will do everything in their power to keep this from going down, and their only remaining option at this point is to create more dollars. If you are holding on to this belief that the ballooning debt across the world is somehow going to be financed you're f*cking delusional man. Wake up, the new world, the next technological revolution is happening today and it's infrastructure needs money. The trillions being printed will create this new system, because there is no way in hell the previous system can be bailed out at this point. I know it. The governments know it. Even you know it.

The future belongs to those who create it. It is not being created by the old farts that have vaults of shiny metal. In fact, in this new world, the creators dislike the vaults of shiny gold AND the farts that sit on top of them. Their imagination and their ability to collaborate with one another allows them to create new forms of shared belief. New economies. These economies already exist but people don't f*cking understand because they think it's just "dumb kids addicted to their phones" and refuse to appreciate what's actually happening across these digital ecosystems.

How many more trillions need to be printed before you realize there's no end to this? The train has left the station - if you're waiting for people to start buying gold all of a sudden you're not paying attention to what's happening. You're refusing to see that crypto is the innovation the world needs most today. Every talent, every industry, every person, every conversation, is converging to crypto. If you like "technology" and you appreciate "Uber" and "self-driving cars" and stuff like that - how do you not see that crypto is a new form of technology that is eating up every other technology.

Why you think this is a scam is in my opinion because you're actually not as unscripted as you think you are. You've accepted the narrative as you've heard it but have not begun to think for yourself. This new truth would challenge the previous truth you knew, and challenging it is exhausting and frightening. I understand. But if you have not asked enough questions - in your ignorance you will miss the most obvious and life-changing opportunity of our times.

I'm fully prepared to be wrong and to lose everything I've got. Are you?
I am not really anti-gold. China and Russia hold huge amount of gold (not shown in their official numbers) and they are going to build a global order and narrative that is beneficial to themselves.

Like so much of the BTC potential is built on hope for "institutional acceptance". By the same logic precious metals have great potential in the money printing world.

Crypto is a larger opportunity for average people who do not have huge money who want to 10x, 20x or even 50x their investment within a short period of time, on alt coins, if you can stomach volatility, You just cannot find that in any other asset class, be it gold or real estate.

Another thing about crypto being retail friendly is that many projects are started by retails adoption first, before the institutional money see the potential. This is the first time in history that small guys eat the cake first and pass the leftover to the big money, in investment. In traditional VC big money got to see their investment go multiples times higher and average guy only get to buy into the IPO hype.

The problem with 0 percent interest rate isn't so much about inflation (as much as people like to complain about). It is really about average joe like you and I never get a chance for a zero interest rate loan.

Crypto flipped the table and built a much more egalitarian ecosystem for asset price discovery.
 
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Sethamus

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It's inevitable crypto replaces the banking system in my opinion.

The trend is obvious is it not?

It will take time of course.
100%. When the banks start exchanging crypto for paper money it will be mainstream. I see in the years ahead regulations on what coins are widely accepted and when btc and Eth isn’t one of them a temporary price drop will happen and they will exchange their coins for your high risk private coins. When this happens, please hold out if you can afford it. They may even attempt to exchange for gold if they still feel it as valuable as the past.
 
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Kevin88660

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It's inevitable crypto replaces the banking system in my opinion.

The trend is obvious is it not?

It will take time of course.
Very interesting topic.

Holding your own wealth was the norm until the rise of centralized banking and wealth custodianship for the past 100 years. We had one hundred years of wealth custodianship before thousands years of history where people bury their gold bars underground in their own yard.

It took great deal of time and effort to build the trust. Imagine asking wealthy family in the 19th century to hold paper certificates of gold guaranteed by a third party. Metals to paper? No way..

If decentralized finance was to replace banking it means we are going back to being responsible to hold our we wealth. In code we trust and get rekt if you lose your private key.

There are great minds in the crypto world having opposing views. Some believed that custodianship is the way to go, like How greyscale does its business. So everyone will be interacting in the crypto space using a centralized interface guaranteed by a centralized entity who controls the underlying assets, and all transactions can be reversed easily.
 

Sethamus

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I don’t think it will continue to stay decentralized for mass adoption. Which is my argument of the CBDC becoming the replacement digital currency as a way to “keep your money safe” which really means the creation of money from thin air (if they control the tokens they can print as many as they want just like they can print money now). Along with the ability to track and keep records on who owns what.
An interesting question that comes up from reading these articles is if the US dollar will lose its dominance in the world market for currency. Asia is currently winning the crypto race and if the central banks want to retain power then it could be worth it to them to back something other than the US dollar.

 

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I suspect many folks are afraid to take a stance, because being wrong on an entrepreneurial forum, on a topic about money, can be painful in retrospect.

I'll be first to take the future L: let this be recorded and anyone can requote this in the future and laugh at me.

"I believe in magical internet tokens more than I believe in the current money system"

Maybe this will give someone else courage to open a dialogue.

Alright, I've been quiet in here lately, but this post got me to step up to the plate and discuss something that has been absolutely blowing my mind over the past several weeks.

I'll get straight to it, the project is OlympusDAO.

OlympusDAO is an algorithmic stablecoin with a real mind bender of a twist. In short, its long term goal is to become stable in value, but not necessarily price. However, in the meantime, its goal is to grow its treasury, and as such it is offering yield North of 100,000% APY to stakers of its native token, OHM.

Yes, you read that right, over 100,000% APY. Yes, I'm serious. No, it's not a ponzi scam.

"Yeah, I'm gonna go ahead and call BS. How in the actual?"

Trust me, this was my reaction too, but thankfully some prominent people endorsed it thus putting me in a dilemma where either these people I respected were turning scammy, or else there was more to it than was meeting the eye, so I decided to jump down the Olympus rabbit hole.

This is already getting a little long for modern attention spans, so I'll try to keep it as short as possible and focus on why this is not an outright scam. In order for one new OHM to be minted, it must be backed (note: not pegged) by one DAI. When market OHM trades above 1 DAI, the protocol can use the extra DAI to mint extra OHM (each again backed by 1 DAI), and then distribute them to the stakers.

If OHM were to trade under 1 DAI, the protocol would buy OHM at a discount since it knows that each OHM is backed by 1 DAI, so the protocol -- and thus the stakers -- still profit!

Currently, the protocol has enough runway to support these mental APY's for several months, so it makes sense that OHM is trading well in excess of 1 DAI, which of course only extends the runway further.

So there it is. If this turns out to be a total scam after all, I will publicly take the L. But that said, please DYOR and if anyone determines that this is indeed a scam, kindly let me know ASAP! :)
 
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AceVentures

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Alright, I've been quiet in here lately, but this post got me to step up to the plate and discuss something that has been absolutely blowing my mind over the past several weeks.

I'll get straight to it, the project is OlympusDAO.

OlympusDAO is an algorithmic stablecoin with a real mind bender of a twist. In short, its long term goal is to become stable in value, but not necessarily price. However, in the meantime, its goal is to grow its treasury, and as such it is offering yield North of 100,000% APY to stakers of its native token, OHM.

Yes, you read that right, over 100,000% APY. Yes, I'm serious. No, it's not a ponzi scam.

"Yeah, I'm gonna go ahead and call BS. How in the actual?"

Trust me, this was my reaction too, but thankfully some prominent people endorsed it thus putting me in a dilemma where either these people I respected were turning scammy, or else there was more to it than was meeting the eye, so I decided to jump down the Olympus rabbit hole.

This is already getting a little long for modern attention spans, so I'll try to keep it as short as possible and focus on why this is not an outright scam. In order for one new OHM to be minted, it must be backed (note: not pegged) by one DAI. When market OHM trades above 1 DAI, the protocol can use the extra DAI to mint extra OHM (each again backed by 1 DAI), and then distribute them to the stakers.

If OHM were to trade under 1 DAI, the protocol would buy OHM at a discount since it knows that each OHM is backed by 1 DAI, so the protocol -- and thus the stakers -- still profit!

Currently, the protocol has enough runway to support these mental APY's for several months, so it makes sense that OHM is trading well in excess of 1 DAI, which of course only extends the runway further.

So there it is. If this turns out to be a total scam after all, I will publicly take the L. But that said, please DYOR and if anyone determines that this is indeed a scam, kindly let me know ASAP! :)

So it's price goes down but the insane emissions keeps the show going.

A lot of algo stablecoins out try to do similar things. UST and LUNA work similarly for example. The advantage there is that UST is used across the ecosystem and as long as they build the ecosystem LUNA gets minted into UST to funnel cash.

Not only stablecoins now but all kinds of newer coins are introducing supply/demand mechanisms to adjust the flow. What stands the test of time imo is network - so if OHM continues to integrate and make it's way into as many products as possible - it stands a chance at being used for liquidity to be routed across.

It's a game of musical chairs - and there's so many of these games going on right now that I can't keep my head straight. I just know that for a lot of them when the time comes there will be swift pulls from the liquidity pools. I think it's fair and fun to play these games, but make sure to keep up with the narrative and don't get overzealous or you might be left holding the bag when the pool is drained.

The flipside of most of these discussions however is that these things can go on to exist for many years to come - so there's no real way of knowing after all. Good entrepreneurs are the key - I have different risk tolerances for different positions, but my large stakes go where I see talent. I follow a lot of developers and founders and I see their personalities. Credible entrepreneurs and innovators get my money when I can not only trace the provenance of greatness but can forecast it with this person at the front of it.
 

nitrousflame

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So it's price goes down but the insane emissions keeps the show going.

There's a lot more going on but my post was getting long enough as it was. But yes, eventually the APY will come down and the price will settle at some indeterminate value/range. Additionally, they plan on adding additional backing assets and many other features.

Totally agree re: too many things going on to keep track of them all. Also agree re: the developers and associated communities, and both check their respective boxes for me with Olympus. That said, I still have less than 1% of my stack in it, but the asymmetric risk return profile looked too good for me to just sit on the sidelines.

Also, hope I'm not coming off as pumping my bags. I can't stand that crowd myself. It's just not very often that I stumble across a project that sounds so insane and gets me to scratch my head this hard, so wanted to share.
 

Leo Hendrix

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Yes - the supply halvening.
What I have seen, thes altcoins follow the BTC with some months .
When you bought any of these in Dec 20, you couldn’t be too stupid to win until Feb. worst x10, best x100 or more zeros.

I will now learn to trade to make no mistakes in the method, and when the waves have smoothend, I will throw some money in different coins. And i. ETH and BTC.

I have read some BTC are destoyed to work against inflation. In that phases the BTC rises. Maybe thats in 2 or so years.

I ve read that. May be wrong or right. Don’t know.
 
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Any thoughts on TRU?


Vitalik proposed to build an EVM Optimistic Rollup scheme based on Truebit

In the Ethereum Research Forum, Vitalik Buterin, the founder of Ethereum, proposed that an Optimistic Rollup of Ethereum two-layer expansion scheme could be built based on TrueBit, an interactive verification protocol, to solve the problem of repeated verification. He also presented the basic scheme.

TrueBit, which enables smart contracts to safely perform complex calculations in a standard programming language and thus reduce gas costs, was launched on the Ethereum mainnet on April 21.
 

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