Crypto news, unheard of alt coins, investments as gamblings and self-hating decentralized financial musings
28 Jul 2020 1 minute read 8 comments FarewelltoMinds
$116 Million Liquidated Shorts and Counting. REKT! Like the stock market, crypto is a zero sum game. For every seller, there is a buyer. For every buyer, there is a seller. The assets are unstable, liable to boom or bust on a dime. Gambling with marg...
27 Jul 2020 1 minute read 3 comments FarewelltoMinds
ETH has brokeout, just like Ben Cowen predicted, and as I wrote about and summarized in my previous post. In fact, it’s jumped over 35% in the past seven days! Great movement on ETH’s part and I hope all of you continue accumulating. Of course, this...
24 Jul 2020 2 minute read 10 comments FarewelltoMinds
Here’s a question for you: why the F*** are the gas fees so high for Ethereum? TL:DR? Shitcoins. Gas fees for ETH transactions have been reaching new all-time highs in the past few weeks. Any user of ETH has noticed this. At the time of this writing...
20 Jul 2020 1 minute read 0 comments FarewelltoMinds
Ben Cowen put up a new video recently discussing the current price of ETH, against USD and BTC. As always, his videos are on point and absent of any moonboi hype. Just data, trends, and analysis. ETH has straddled the 20month moving average for somet...
13 Jul 2020 2 minute read 1 comment FarewelltoMinds
#ChangeNOWExplained Writing Contest: Why It's WORTH IT! There’s a plethora of exchanges available to use for buying and selling cryptocurrency these days. We’re at a moment in the crypto space that is far after a bullrun, and well before another. Exc...
13 Jul 2020 1 minute read 0 comments FarewelltoMinds
Paper money is gross. Think of all the assholes its touched. Literally. Paper money can have more germs than a toilet. Coins are not much different. All the hands that touch coins, all the pockets, transfer, oils, coughs, bacteria. The list goes on....
7 Jul 2020 2 minute read 2 comments FarewelltoMinds
In recent news, VISA has announced they are seeking a blockchain engineer. So if you’ve got the skill set, go ahead and respond to the job. Let's look at the job posting, as there is a lot to unpack. Visa's Commercial Payments organization is resp...
1 Jul 2020 1 minute read 3 comments FarewelltoMinds
BTC is superior to Gold: 83 tonnes of FAKE gold dumped on the market by Chinese Firm A common analogy for bitcoin is that it is the gold of the internet. Like gold, it is rare and requires a significant amount of labor to produce. The total amount of...
30 Jun 2020 1 minute read 2 comments FarewelltoMinds
Knowledge pays. Take a look at the latest hack of Balancer, a defi exchange which bases itself on user created exchange pools. The hacker used a loan of some $23 million in ETH (wait, who the fuck loans that much ETH and how and why? I’ve got a hundr...
24 Jun 2020 1 minute read 3 comments FarewelltoMinds
BTC: The Recent Stability is a GOOD thing! Bored about the lack of significant price movement in BTC? Don’t be. We’ve been in a trend zone for over a month now, some fifty or so days, with a high closing around $10k and a low about $8.5k. These tw...
