IAG Posted January 29, 2021 Report Share Posted January 29, 2021 6 minutes ago, WVU said: IGGY, do you take advantage of the staking wallets for bitcoin? You can get 10% on stable coins like USDC and 5% on bitcoin just for holding them in your wallet? Celcius, Abra, Nexo, Crypto.com, blockfi, and voyager That makes zero sense to me on staking BTC. BTC is something called proof of work as opposed to proof of stake. Don’t think you can stake BTC. ..I dk about staking USDC...not familiar with it or the others... Only thing I have ever staked was DOT. There is risk, I just don’t know how much. You can lose your coins if the verifiers screw up. That being said staking DOT on Kraken seemed straightforward and return showed 12 percent. I dk if less risk doing it thru them. There is something called slashing where you can lose coin. I just don’t know risk/reward. But if you find out let me know! Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 6 minutes ago, Monitor-Tan said: US, you can only use their original if u VPN it and even then not all VPN works with it from what I've heard from a few people I logged in a few weeks ago and got notification to move coins or lose them...I did. I have a VPN, but didn’t want to risk it. It sucks. Far superior to Binance US. Quote Link to comment Share on other sites More sharing options...
WVU Posted January 29, 2021 Report Share Posted January 29, 2021 4 minutes ago, IAG said: That makes zero sense to me on staking BTC. BTC is something called proof of work as opposed to proof of stake. Don’t think you can stake BTC. ..I dk about staking USDC...not familiar with it or the others... Only thing I have ever staked was DOT. There is risk, I just don’t know how much. You can lose your coins if the verifiers screw up. That being said staking DOT on Kraken seemed straightforward and return showed 12 percent. I dk if less risk doing it thru them. There is something called slashing where you can lose coin. I just don’t know risk/reward. But if you find out let me know! Tezos stakes for 5% and Cosmos stakes for 4.63% on coinbase. Download the Yoroi wallet to get 5% stake with ADA. Other wallets will pay you 10% for USDC. trying to find out more. This is from my guy: The ones I've looked at are celcius, abra, nexo, crypto.com, blockfi and voyager (you've mentioned this one before). Generally you can get 4-6% on crypto and 10% on stablecoins like USDC. Of course, with the latter you wouldn't have any capital appreciation opportunity since those are pegged to the dollar. The risk with these is that the loans they are doing behind the scenes could perform badly and that they are holding your crypto on your behalf which is how crypto has been hacked in the past. I don't think they are bad just making clear of their risk as oppossed to you holding your own tokens, like in the case of ADA and earning your return. Same return, less risk. Quote Link to comment Share on other sites More sharing options...
High3rEl3m3nt Posted January 29, 2021 Report Share Posted January 29, 2021 Have 40k in kraken. Getting ready to do something crazy. YOLO Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 Just now, High3rEl3m3nt said: Have 40k in kraken. Getting ready to do something crazy. YOLO Higher in the game! Proceed with caution. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 29, 2021 Report Share Posted January 29, 2021 way too deep in dogeshitcoins. Please fuxking god let this thing moon!!! Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted January 29, 2021 Report Share Posted January 29, 2021 getting crushed today Quote Link to comment Share on other sites More sharing options...
HinesWard86 Posted January 29, 2021 Author Report Share Posted January 29, 2021 Cracking me up how many people have limit sells of $420 and $420.69 on GME Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 10 minutes ago, WVU said: Tezos stakes for 5% and Cosmos stakes for 4.63% on coinbase. Download the Yoroi wallet to get 5% stake with ADA. Other wallets will pay you 10% for USDC. trying to find out more. This is from my guy: The ones I've looked at are celcius, abra, nexo, crypto.com, blockfi and voyager (you've mentioned this one before). Generally you can get 4-6% on crypto and 10% on stablecoins like USDC. Of course, with the latter you wouldn't have any capital appreciation opportunity since those are pegged to the dollar. The risk with these is that the loans they are doing behind the scenes could perform badly and that they are holding your crypto on your behalf which is how crypto has been hacked in the past. I don't think they are bad just making clear of their risk as oppossed to you holding your own tokens, like in the case of ADA and earning your return. Same return, less risk. I would be very suspect about the stable coin deal. Seems odd to me. Also read up on slashing. If you hold your coins on any exchange you risk hacking, you don’t technically own them....only way to avoid that is to use hard wallet. I have one for years.....just have never used it lol. Doesn’t matter of coins are staked or not. Kraken also does let you unfreeze staked coins quickly which is not always the case I’ve read. Important if you decide to sell. Quote Link to comment Share on other sites More sharing options...
WVU Posted January 29, 2021 Report Share Posted January 29, 2021 6 minutes ago, HinesWard86 said: Cracking me up how many people have limit sells of $420 and $420.69 on GME lol. Kids will be kids Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 Wall Street probably dumping their crypto to shit on WSB...lol. Lots of people still buying doge dip on Twitter...idk. Was going to bail on some more, but going to let it ride for now. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 29, 2021 Report Share Posted January 29, 2021 Waiting to see after the market close if these degens start hammering doge please god let them!!! Quote Link to comment Share on other sites More sharing options...
High3rEl3m3nt Posted January 29, 2021 Report Share Posted January 29, 2021 19 minutes ago, joeybagadonuts said: Waiting to see after the market close if these degens start hammering doge please god let them!!! I am trying homie ? Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 29, 2021 Report Share Posted January 29, 2021 42 minutes ago, joeybagadonuts said: way too deep in dogeshitcoins. Please fuxking god let this thing moon!!! #metoo need higher to keep throwing 40k chunks at it Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 27 minutes ago, joeybagadonuts said: Waiting to see after the market close if these degens start hammering doge please god let them!!! RH banned some of the crypto trades I read. I’m hoping they are in process of moving to other crypto only exchanges and will be in soon....I’m hoping. Surprised on BTC drop...not so much on Doge. Think old BTC money took profit on BTC and new money will be in in coming weeks. I’m hoping. Quote Link to comment Share on other sites More sharing options...
D-Hustle Posted January 29, 2021 Report Share Posted January 29, 2021 buy AMC Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 29, 2021 Report Share Posted January 29, 2021 i blame iag for this she got me back into doge and then badmouths it all over the internet i found a way to double my money and still up behind fml Quote Link to comment Share on other sites More sharing options...
WVU Posted January 29, 2021 Report Share Posted January 29, 2021 I dumped 10k of BTC at 36.4 Will rebuy at 32 Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 29, 2021 Report Share Posted January 29, 2021 this DOGE got my slippers yesterday and licked my face today he is pissing in my mouth and shitting in my slippers Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted January 29, 2021 Report Share Posted January 29, 2021 lmao Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 29, 2021 Report Share Posted January 29, 2021 1 minute ago, milwaukee mike said: this DOGE got my slippers yesterday and licked my face today he is pissing in my mouth and shitting in my slippers same and like a fukkin degen I doubled down today and bought more on the dip ill be living in a trailer park next to raise soon Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 14 minutes ago, milwaukee mike said: i blame iag for this she got me back into doge and then badmouths it all over the internet i found a way to double my money and still up behind fml What! Lol. I got you on at .o11.. I didn’t tell you to sell at .03! Or buy at .05....You FOMOed on price action. I said the same thing about it when I bought it..my opinion has never changed. It’s a Dogshit coin. ....one of HP funniest lines. Lol. Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 2 minutes ago, milwaukee mike said: this DOGE got my slippers yesterday and licked my face today he is pissing in my mouth and shitting in my slippers And now he’s laughing at you!! Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 3 minutes ago, joeybagadonuts said: same and like a fukkin degen I doubled down today and bought more on the dip ill be living in a trailer park next to raise soon Have to say, looking at Twitter now, it doesn’t look good to me. But ya never know. Quote Link to comment Share on other sites More sharing options...
IAG Posted January 29, 2021 Report Share Posted January 29, 2021 Please God don’t make me want to move into Verge Quote Link to comment Share on other sites More sharing options...
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