ETH20ETH200ETH600
New set of promo codes. Not sure if the old ones still work.
Suggest using binance to buy or convert LTC, send to blockfi convert LTC to ETH then to Celsius for cheap fees.
Transfer $500 / $5000 / $20000 USD of ETH & Hold for 90 Days, Get $20 / $200 / $600 USD worth of ETH @ Celsius Network
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Korban Dallas on 22/01/2022 - 18:59 celsius.network (1319 clicks)
Last edited 16/03/2022 - 09:28 by 1 other user
Last edited 16/03/2022 - 09:28 by 1 other user
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Buy oz lotto jackpot 50 mill and power ball jackpot 20 mill . Who knows you will be millionaire
Buy lotto tickets. Lose the price of the lotto tickets.
It's USD mate. So around $28000.
Just borrow 10 grand of ETH next week, it'll be worth the same.
Had to upvote because I sad-laughed
I think you mean 40 grand of ETH since it's dropping so fast.
Yeah mate, flick me just 1 bitcoin and we're all good.
Just wondering how much is the transfer fee from blockfi to Celsius?
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Just checked Blockfi website. ETH withdrawal is not free. It is 0.015 ETH per withdrawal on their website.
https://blockfi.com/fees/Damn. December 1st they got rid of it
https://www.coindesk.com/business/2021/11/24/blockfi-ends-frā¦
ETH transactions have never been free.
Cryptocurrency lender BlockFi will move to a rate-based withdrawal fee structure beginning Dec. 1, ending free withdrawals, as it cited āincreasing transaction costs on the Ethereum network.ā
BlockFi said in a Twitter post that the move will apply to ethereum, chainlink, PAXG, uniswap and BAT. As for bitcoin, litecoin and stablecoins, BlockFi noted that customers will continue receiving one free withdrawal per month. Additional withdrawals beyond that will incur fees that will vary by coin.
@Korban Dallas: They are just covering your transaction fee. So they are paying it but ETH transactions are not free.
true.. there's the only people making money in this ponzi scheme are the transfer providers.
Donāt do anything until the market stabilises
Fasten your seatbelts. This is going to be one hell of a ride.
The dip dipped dipppity dip
I bought the dipā¦ but it kept dippingā¦ continuously.
Try selling the dip, you can thank me later
I sold the dip. Luckily this dip has gone even lower.
I know itās only been 3 days, but boy do I make good calls. Haha
Same…… Lost $50 of $500 of my ETH…
Well you really only lose when you sellā¦ but yeah.
@Jimothy Wongingtons: You never hear'em say you only gain when you sell, especially to those who say hold forever, borrow fiat against ur gains if you must spend fiat.
I can confirm still buying dippity dips when $$ come in
I wanted to buy crypto but got confused at the price fluctuations.
Seems like eth200 is the sweet spot. $600 for 4 times the amount not worth it.
not a good time. blood on the street
someone says if there's blood on the street, its time to buy eh?
Go on then.
I cannot believe I thought $5k was blood on streets hah
Real blood or digital blood? Like violent video games fake blood don't count
Not yet, wait till everyone has bailed and all the bulls are dead or in hiding. Maybe BTC @ $20k usd?
Market is crashing beware.
Seems someone doesn't have enough liquidity.
Oh how I am waiting eth go below 1k and bitcoin below 15k, then I'm all in. In my dreams I know lol
quick we need an army of knife catchers to
stopslow the fall mayday maydayupvoted for timing
keep dumping and gpu prices pls follow
they were promised a wall of money was coming to pump their bags. it looks like a wall of GPUs are coming instead
nah, won't happen, its better to recycle them to make 40xx series to save costs than selling for half price to HODLers.
Anybody who buys a second hand 3000 series card is asking for trouble. I wouldn't do it and I dare say most people will avoid them too.
3080 FHR is selling on ebay for $2200-2650 in the past few weeks, which they bought $1100 14 months ago. They still selling like hotcake so someone still buying.
@[Deactivated]: Those are miners who also don't care the damage they are doing to world as long as they profit. I'm talking about those outside that group who have some brain cells.
@[Deactivated]: If you neg me then you are agreeing you are in the group with the low brain cell count š
Is the degradation from mining that bad?
@abadacus: Well, the miners run the GPUs 24/7 for months or in some some cases since the GPU was released in higher than room temperatures. And the bios flashes may also have affected their warranty. I would rather buy a new one.
@[Deactivated]: Avoid buying these models, heaps of miners basically using this ones, just look at the comments, some are abusing the vram temp to 100c+
Hopefully it continues crashing down and we'll be able to score some sweet GPU deals
Username checks out
Funny these comments saying crypto going down and gpu price will follow, Its like saying petrol going down below $1 and brand new car will be half price. LOOOLLLLL.
Petrol prices going up would be the equivalent of crypto prices going down, in terms of value for buying a car or mining GPU.
My brain is hurting trying to figure out how this analogy is remotely equivalent
You fit the stereotype of a crypto bro so perfectly.
no, it's nothing like your analogy.. since both petrol and cars are actual physical commodities that have values other than the made up numbers of a virtual currency.. if suddenly every single password to every single wallet was changed and no one could access their e-coins you know what would happen? nothing.. because just like Who's Line is it anyway - the curency is made up and isn't worth anything, anyway.
ā if suddenly every single password to every single wallet was changed and no one could access their e-coins you know what would happen?ā
I laughed so hard when I read that. Thanks for the lols.
So I'm assuming you don't do electronic fund transfers or buy shares etc?
if suddenly every single password to every single wallet was changed and no one could access their e-coins you know what would happen? nothing..
Exactly! You would then plug in the recovery/seed phrases and recover your wallet. :) Magic of mathematics.
https://www.ozbargain.com.au/comment/11631040/redir
You tried your hand at mining for a week, got sweet fa in terms of returns, and that has painted the entire cryptocurrency ecosystem/tech irredeemable by your books. You seem really keen on everything computers, so I'd really recommend digging deeper into this space - check out the kind of cool stuff being built on the tech.You (and the other two bozos) missed the point entirely about the password allegory - your digital wallets are worth nothing - what's the tagline? 'you can't lose wallet value unless you sell'
I mined $7 USD a day with just 1 GPU - but as I said in the link you so thoughtfully provided, I thought it amoral and a complete waste of energy / time for some speculative digital item which only has value to the FOMO crowd.
You (and the other two bozos) missed the point entirely about the password allegory - your digital wallets are worth nothing - what's the tagline? 'you can't lose wallet value unless you sell'
Value
This is a very common yet uninformed talking point commonly bandied about. These currencies have value "because people think they do". How much depends on a whole range of factors and is quite complex - you'd look at the market cap, the capabilities, the active development, the robustness of the ecosystem etc. This is similar to how a startup is valued - it is speculative ofcourse, but that's not to say it's completely bollocks.
Store of Value
Certain coins, like BTC are meant to be "Stores of Value"; i.e. akin to digital gold. This is largely considered first-gen (and IMHO are most popular due to name recognition and/or media exposure). There is intrinsic value due to the protocol being robust, tried and tested (and having been around for a decade) as well as extensive media exposure. Other than that there's not a lot of "capability" built in. It's like the original scientific calculator.
Decentralised Computing
The relatively newer stuff - i.e. something I'd class as newer gen of crypto, tends to be "fuel" for a decentralised computing engine like ETH or an L2 chain (like MATIC) that opens up very interesting use-cases that are being discovered as capabilities are added or existing primitives are used in ways that are just brilliant. To explain this taking bitcoin's "scientific calculator" a bit further, this is like a current day iPhone/Android system with many different capabilities already present and more being added continuously.
When ethereum was new, the first thing folks came up with was the ability to create and administer DAOs. It was a fantastic concept that is still quite popular today and is basically how one would do decentralised governance.
Then we had the first gen of decentralised finance - by means of Collateralised Debt Positions (CDPs) using Maker. Also the concept of a stablecoin - Dai. This allowed folks to take leveraged positions WITHOUT an exchange and do stuff with their crypto without liquidating their assets or doing token-swaps among other things.
More recently, we've had what we now know as current gen DeFi (Decentralised Finance) and the NFT "revolution". NFT tech is not just selling dumbshit digital artwork for absurd prices, there are actually very interesting things you can do with it. From things like gaming (Aavegotchi), authenticity certification (without relying on conventional trusted CAs etc) to actual providing some of the key building blocks for Web 3.0. Also - look up Self-Sovereign Identity (SSI).
So for all this capability - there is intrinsic value ascribed to it. Instead of a single FinTech startup - think of an entire industry being born. This is where the value for the token (essentially the "fuel" of this ecosystem) lies.
Ecological Cost
I mined $7 USD a day with just 1 GPU - but as I said in the link you so thoughtfully provided, I thought it amoral and a complete waste of energy / time for some speculative digital item which only has value to the FOMO crowd.
I quite understand the ecological footprint argument - and I agree. There has been a concerted push to move from old-school Proof of Work to Proof-of-Stake that should resolve this. Most modern crypto are now either already PoS or looking to move to PoS soon. Ethereum (the second largest crypto by market cap) should be moving to PoS in Q2 this year.
I think I have addressed the question of value to an extent in the preceding wall of text.
I'm sure none of this will likely sway your opinion; Internet back-and-forth rarely ever does. :) That said, if you found yourself going "Hmmmmm", that would be a win in my books. :D
Source:
I've been dabbling in cryptocurrencies as I found them fascinating right from their inception. I've run ASICs, FPGAs in the early days and am currently all about liquidity staking on DeFi. Also FWIW, I've been working in Banking and Finance for the better part of the decade and have worked with payments for a while (SWIFT, NPP etc).
if suddenly every single password to every single wallet was changed and no one could access their e-coins you know what would happen?
That is impossible. The private key isn't stored on the network.
20k of eth could be worth 5k by the time this $600 reward matures lol
Sentiment is rock bottom, not a bad gamble
Not bad, terrible.
Cool, stick to your ETFs
ETH global hash rate is almost reach 1.1Ph/s for the first time. That means miners getting aggressive. GPU price can only go up.
Just a heads up you have to hold it in Celsius for 90 days. Might be worth checking out midas.investment at 23% APY if you're doing long term. DYOR.
time to short crypto.
Shorting now is silly.
The time to short was just below ATH at resistance and not when the price has by dropped -47%.
You don't understand Crypto trading mentatilty. Unlike the stock market crashes can go down to 10% of it's high. Down 47% it's still got more to go down generally. Shorting now is definitely not a bad idea. You'll reap the rewards in about 6 months time.
Good way to lose your house.
Some already have. More will follow like the last time. People don't realise that this market lacks true liquidity with a few big whales having the power to make prices go up or down. It leaves the unsophisticated, who don't understand the true nature of the market, with bags or heart attacks and panic.
Wait for a bounce that gets their hopes up first.
The spot price of Ether going down isn't an indicator that the price of GPU will go down.
@non-LHR is right that the hash rate is going up and not down.
https://etherscan.io/chart/hashrateHigh hash rate = high demand on miners/GPU
Sure but at some point the return on investment is low enough that you're better off investing elsewhere rather than building a GPU farm
So what real life miners do. Switch off the mines that don't make profit. Lower supply with same demand will increase prices
But then this is the internet.
Yeah, if there is demand. The world needs oil to run. Crypto's only contribution to the world is accelerating climate change.
There are now tens of thousands of crypto products, hundreds of scams and rugpulls, and not a single creation of wealth that doesn't rely on the greater fool theory. Buyer beware.
It is a religion. It will survive.
Except Bitcoin. Everything else is a sh*tcoin.
Imagine trying to run an economy at 7 transactions per second. Worldwide.
Yes yes, Lightning has been coming for years now. It will be useful sometime, I promise. Only other option is to use centralized exchanges and get hacked, 'hacked', or rugpulled.
Imagine an economy, like say, El Salvador? Where Bitcoin is legal tender and 4 million people (or 60% of the population) already use a lightning wallet.
Feel free to point me towards a country that is running their economy on a sh*tcoin. I might have missed it.
Except Bitcoin. Everything else is a sh*tcoin.
Haha they're all sh*tcoins. They way you can tell the real value is to simply ask your your how much of any of them do you use compared to real money?
If the answer is none, you have your answer.You are talking about money as a 'medium of exchange'. Which is only one quality of money, in addition to being a 'store of value' and a 'unit of accountā.
Bitcoin currently competes with gold in terms of its monetary properties. Just because gold or Bitcoin canāt be used to buy your groceries down at Coles doesnāt somehow translate to them having no value.
Which is only one quality of money, in addition to being a 'store of value'
For YTD, BTC is at -25% and ETH is -37%
Good luck with that…They should sell so I that can buy the cheap coins.
They are selling. Everyone is selling hence why prices are dropping.
@1st-Amendment: That isn't how markets work.
The price is going down because there is an imbalance between buyers and sellers at the moment.
On-chain data shows that short term wallets are selling to long term wallets. The short term wallets bought high and are now selling low.
Long term š š and š are gobbling up cheap coins from š„¬ š.
The 3rd biggest wallet has been buying from Nov 2021 from $67,490.29 all the way to $36,443.
https://bitinfocharts.com/bitcoin/address/1P5ZEDWTKTFGxQjZphā¦That isn't how markets work.
When you have more supply than demand prices drop. Economics 101.
The short term wallets bought high and are now selling low
What a great investment…
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Anyone want to lend me $20,000 of ETH so I can do this deal?