CRASH AND BURN on loopring.io first trade contest!

CRASH AND BURN on loopring.io first trade contest!


Cypherpunks, we love y'all.  Gentlemen, start your engines.  Igor kicked off a contest giving us five bucks if we could be the first few to run a trade through DEX Loopring.io!!!

Can we do that? Sure, easy !  I have a metamask wallet.  That's one that jumps up into Loopring. Hmm, nothing in it but moths and the ginger man's  BUTT salttokens...

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Oh well.  This is a race damnit !  I have 100$ in a coinbase account !  oh wait, coinbase just upped their KYC, I have $5.05 available!  only the profit made... 

That's ok.  Exchange that 5 bucks in bitcoin into ETH.  Then slam that 5$ over to Metamask.   Shazam!  We are doing a contract to join Loopring.io and here it is!!

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And so, 30 cents poorer, we are in Loopring !  except the 5$ is now 4.30 and won't show up as available2d729b90919ff8cd09eb6a35c02b6365c8942acc30eb8f01ab8e9a0a8eeb4056.pngreally not sure if it will not show as available   because it is under 5$ or if it just takes time.  Seems like it can't just be time since THIS IS A RACE DAMNIT

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Damnit, if I could get my balance available --- oh wait, I could not hit the 5ish minimum even if I could.  Wait ETH is around 190, so .05 = is more like 9.5 or almost ten bucks, I'm not even close!   

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Ah well.  Here's right before I would trade if I could to win my 5$ in prizes !! Maybe I have some BAT I could exchange for ETH and buy Loopies.   But not quickly enough to qualify this time.    Crash and burn kids!  Wrecked!  remember to get out of the car... 

UPDATE. scraping together BAT to the rescue ?  Yes, that big fat Publish0x payout was just sitting there... when Igor gave us that he shielded us from the harsh realities of paying gas and exchange fees...

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mmmm need ETH, that lovely liquid ETH... has Igor waved the final flag yet ? 

OK the BAT sale pending on Coinbase has cleared.  Selling the BAT to dump it into Loops, ooh stinky Coinbase tags us for $1.00 on the sale?  don't even check the rate, that would be depressing

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Closer, CLOSER

Icky, I must be doing this wrong, another buck of Coinbase fee to get that to gas money of ETH ? 

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Ah well round the world in 60 days.   Grab that, pay the gas to whip it over to Metamask.... hmm, I think this is costing.. five bucks ? more like ten..  SO now, we have eight dollars of ETH sitting on deposit with Loopring.  Still won't show up as available there.  Man, I was gong for that strong finish... now we know it was not just the five $$ limit888182917177d10bf906ceda0193387f2a161d4e2765da93b122c7ac457c7a18.png

 it won't show as available on the trade widget...this is snagglefrackle BS... I thought ETH was ETH

 

Update the next - some sleep, coffee, looks like the contest is still open ???  Hit it again!

Ok, looks like even though I have ETH in the Metamask wallet associated with Loopring, I need to deposit the ETH from the wallet to Loopring. 

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OK so we did that, Etherscan thinks we are done but Loopring is waiting for 30 transactions to clear

OK it cleared! Yay !

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ALL RIGHT MAN here we go ! Loopring.io sees our massive account! let's buy some Loopies! 

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ooops... now we are .01 ETH short.  Allrighty.  If I had spent my Coinbase transfer fees to get to say DAI this would have been smarter. 

OK, Coinbase will allow me to purchase up to 5$ of ETH.  We do that.  Gas it up and send to Metamask ( this email transfer thing seemed to work have to look into that more later )  Deposit from Metamask to Loopring.io, Metamask confirms, still waiting for  Loops, 

finally! f0b57df84d2420d26a060c60bc2637f0f205cb0c409c91576853b7e912e4fc9f.png

 

with Love,

Dave


Dave Sawyer
Dave Sawyer

National Merit got this punk rocker to Oberlin, and Wall Street fintech gave up world tours and an NYU MBA. I am a Bitcoin true believer. Bitcoin is deeply revolutionary in a way we always prayed tech would be. Keep the baby Faith!


Hi, I am Dave, and I just got hooked on crypto !
Hi, I am Dave, and I just got hooked on crypto !

After decades motorcycling in NYC to work on Fintech and play punk rock, I just woke up to Cryptocurrencies and fell in love like never before! Blogging for the hell of it while learning my way through this awesome, deeply revolutionary evolution in money. Join us while we laugh and flip off the central banks and their currency debasing governments! Stack sats to the Moon, Lambo, don't reck, FUD, FOMO, wild wild west, bless Satoshi!

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