Is anyone else starting to become a bit excited?

LawBoy2018 · 04-12-2020 01:12PM

Thoughts on alt coins such as OCEAN & UBT?

unkel · 04-12-2020 01:35PM

myshirt wrote: »

There are over 1 million ETH deposited to the contract already if I'm reading it correctly, and over 25,000 validator deposits.

I don't have 32 ETH to stake myself, nor do I have the skillset to be a validator. Trying to figure out how I could put some ETH into it, but have it spread out. A validator can take a cut of the staking rewards, fair enough, but don't want to be tied up in one node that could go horribly wrong.

Kraken just announced a way to do that. They're also setting up an exchange between locked and unlocked ETH, so you can make your way in or out the locked coins at any time (at the prevailing rate of exchange between the two obviously)

myshirt · 04-12-2020 01:52PM

unkel wrote: »

Kraken just announced a way to do that. They're also setting up an exchange between locked and unlocked ETH, so you can make your way in or out the locked coins at any time (at the prevailing rate of exchange between the two obviously)

I was hoping to avoid an exchange like that but do you know what, the sums I am putting in are not huge so fxck it. Makes my life easier.

I'll research their fees. Obviously no issue with them taking some of the staking rewards. That's fine. Interesting to see they are creating a secondary market.

unkel · 04-12-2020 02:09PM

Aye. My thoughts exactly. The rewards for staking ETH (vs the risk) are not high enough for my liking, so I ain't doing it for now. Interesting all the same. Will have a look to see how this develops.

mdmix · 04-12-2020 02:19PM

unkel wrote: »

Aye. My thoughts exactly. The rewards for staking ETH (vs the risk) are not high enough for my liking, so I ain't doing it for now. Interesting all the same. Will have a look to see how this develops.

ya I was intersted in the concept, but would just prefer to just use Celsius (or similar lender) to earn 5%, no lockup

Bob24 · 04-12-2020 03:26PM

Same thoughts here.

If someone is Ok with handing their coins to a third party, I have to say I still don’t fully get the point of this type of exchange sponsored staking (I mean from a financial perspective; if someone does it because they are curious to try or want to support Ethereum it is a different story).

If I am not mistaken, the likes of Celsius or BlockFi are able to generate equivalent or better yields without a locking period, and I wouldn’t see the way they are doing it is significantly more risky. As a matter of fact, even if staking was to become more lucrative than their existing lending business, they could just decide to mix and match depending on current yields and do some staking on behalf of their depositors when it makes sense (of course they couldn’t stake it all as they would need liquidity to process withdrawal requests).

unkel · 04-12-2020 07:52PM

So does anyone have any coins in a Celsius wallet? Considering doing this with a small amount of ETH. It looks like they only have a phone app, which puts me off. And when I click on the Google Play icon on their website (see link below) it brings me straight to the Apple AppStore :rolleyes:

Try it for yourself, unbelievable stuff. And to rule out any fluke / cache wrong on my PC, I tried it in two different browsers

https://celsius.network/download-app/

Maybe I will give it a miss if they get this sort of basic stuff wrong...

Gooey Looey · 04-12-2020 08:01PM

unkel wrote: »

So does anyone have any coins in a Celsius wallet? Considering doing this with a small amount of ETH. It looks like they only have a phone app, which puts me off. And when I click on the Google Play icon on their website (see link below) it brings me straight to the Apple AppStore :rolleyes:

Try it for yourself, unbelievable stuff. And to rule out any fluke / cache wrong on my PC, I tried it in two different browsers

https://celsius.network/download-app/

Maybe I will give it a miss if they get this sort of basic stuff wrong...

Yes I have Celsius, not had it long but I'm liking it. I moved some BTC and ETH from Crypto.com earn over. The rates are decent without lock in period.

The link opens the app for me on Android.
https://play.google.com/store/apps/details?id=network.celsius.wallet

My Referral: 190386fd85

Bob24 · 04-12-2020 09:11PM

unkel wrote: »

So does anyone have any coins in a Celsius wallet? Considering doing this with a small amount of ETH. It looks like they only have a phone app, which puts me off. And when I click on the Google Play icon on their website (see link below) it brings me straight to the Apple AppStore :rolleyes:

Try it for yourself, unbelievable stuff. And to rule out any fluke / cache wrong on my PC, I tried it in two different browsers

https://celsius.network/download-app/

Maybe I will give it a miss if they get this sort of basic stuff wrong...

IMO they are probably the most solid option for this type of service. Plus their own token (CEL) has rewarded early users *very* handsomely (up 2500% in the past year, and I think it isn’t just speculation but largely driven by their financial model). I have a rule not to disclose any of my holdings, but let’s just say that when I think about CEL it makes me smile :-) (although of course no one should expect a repeats in the next 12 months)

Their CEO Alex Mashinsky regularly gives interviews on crypto website and more traditional financial media if you want to get a feel for who’s heading the company. Pretty solid guy as far as I can tell, who is one of the inventors (and patent holders) of VoIP and seems to have a track record of creating successful companies.

el diablo · 06-12-2020 06:31PM

unkel wrote: »

So does anyone have any coins in a Celsius wallet? Considering doing this with a small amount of ETH. It looks like they only have a phone app, which puts me off. And when I click on the Google Play icon on their website (see link below) it brings me straight to the Apple AppStore :rolleyes:

Try it for yourself, unbelievable stuff. And to rule out any fluke / cache wrong on my PC, I tried it in two different browsers

https://celsius.network/download-app/

Maybe I will give it a miss if they get this sort of basic stuff wrong...

Been using Celsius for around a year and all good so far.

Frozen Veg · 09-12-2020 02:21AM

How far we bearing?

Daithi40 · 09-12-2020 02:49AM

Frozen Veg wrote: »

How far we bearing?

How beer we faring? :pac::D

q85dw7osi4lebg · 09-12-2020 11:16AM

Few million Satoshis stacked for brekky

banie01 · 09-12-2020 11:22AM

unkel wrote: »

So does anyone have any coins in a Celsius wallet? Considering doing this with a small amount of ETH. It looks like they only have a phone app, which puts me off. And when I click on the Google Play icon on their website (see link below) it brings me straight to the Apple AppStore :rolleyes:

Try it for yourself, unbelievable stuff. And to rule out any fluke / cache wrong on my PC, I tried it in two different browsers

https://celsius.network/download-app/

Maybe I will give it a miss if they get this sort of basic stuff wrong...

I have a little bit over there, enough to be sure someone got there referral bonus at least. I think I used gooeys referral.
Interest pays weekly and it's very handy to transfer in and out.

Lex Luthor · 09-12-2020 11:24AM

stacked some Tfuel over the weekend after selling off a small leverage trade I had on XRP from a few weeks ago

Its breaking out now while everything else seems to be dumping
Theta is also doing well
I said it before, I have a lot of positives for these

Grumpypants · 09-12-2020 11:25AM

Mt Gov decision is expected on Dec 15th. Potential for about 150-200K Bitcoin to be sold to repay creditors. There is a risk they will instantly sell on the market and tank the price.

Donegal1234 · 09-12-2020 01:59PM

Coinbase have new earn campaign to earn 3$ dollars of band. Not much but it’s better then nothing.

Link https://coinbase.com/earn/band/invite/4rthqgz8

Green Mile · 09-12-2020 02:35PM

Grumpypants wrote: »

Mt Gov decision is expected on Dec 15th. Potential for about 150-200K Bitcoin to be sold to repay creditors. There is a risk they will instantly sell on the market and tank the price.

I’m one of these MT.Gox creditors. I have 7 bitcoins locked up for years now.
I opted to get whatever is to be paid into my Kraken account in Bitcoin equivalent. I put in €4K at the time. I’d be happy with that but I’d say I’ll get approx €2k worth when it all settles.
I agree, there will be a lot of creditors selling but I won’t be selling as I’m long term minded.

One More Toy · 09-12-2020 07:18PM

Boring wet miserable day,

Time to load up on some bitcoin to cheer me up

q85dw7osi4lebg · 09-12-2020 07:36PM

One More Toy wrote: »

Boring wet miserable day,

Time to load up on some bitcoin to cheer me up

There really is nothing else like it to put you in a good mood.

One More Toy · 09-12-2020 07:55PM

Addison Fancy Macrame wrote: »

There really is nothing else like it to put you in a good mood.

A sprinkle of ethereum to add to the joy

Bob24 · 10-12-2020 10:10AM

A Euro stablecoin is being launched by a German bank: https://cointelegraph.com/news/euro-stablecoin-launched-on-stellar-by-one-of-europe-s-oldest-banks

Curious to see if this gains a large adoption.

Stormington · 10-12-2020 01:40PM

It isn't Deutsche Bank so should be ok i.e. actually have the assets it claims to have.

Has MSTR caught anyone else's eye for investments after their BTC play? I see p/e earnings of almost 3k but it appears their move is a clever one.

q85dw7osi4lebg · 10-12-2020 02:37PM

Year end fiat bonus lands tomorrow. Guess what I am spending it on

cnocbui · 10-12-2020 03:06PM

I'd wait until just before the new year, given the recent trend.

q85dw7osi4lebg · 10-12-2020 04:55PM

cnocbui wrote: »

I'd wait until just before the new year, given the recent trend.

I’ll be buying more then anyway

Lex Luthor · 10-12-2020 07:06PM

Addison Fancy Macrame wrote: »

Year end fiat bonus lands tomorrow. Guess what I am spending it on

Nice one

I just got an email from my last job I finished with end Sep to say I qualified for the Q3 bonus

Happy Xrpmas

q85dw7osi4lebg · 10-12-2020 07:47PM

Lex Luthor wrote: »

Nice one

I just got an email from my last job I finished with end Sep to say I qualified for the Q3 bonus

Happy Xrpmas

Haha

q85dw7osi4lebg · 10-12-2020 08:27PM

https://www.wsj.com/articles/massmutual-joins-the-bitcoin-club-with-100-million-purchase-11607626800

MassMutual Joins the Bitcoin Club With $100 Million Purchase

“ Massachusetts Mutual Life Insurance Co. bought $100 million of bitcoin for its general investment account, the latest sign of mainstream acceptance for the upstart digital currency.”

wotzgoingon · 10-12-2020 10:14PM

Addison Fancy Macrame wrote: »

https://www.wsj.com/articles/massmutual-joins-the-bitcoin-club-with-100-million-purchase-11607626800

MassMutual Joins the Bitcoin Club With $100 Million Purchase

“ Massachusetts Mutual Life Insurance Co. bought $100 million of bitcoin for its general investment account, the latest sign of mainstream acceptance for the upstart digital currency.”

That's some chunk of change for a company to gamble with if it's true.

Is anyone else starting to become a bit excited?

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