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Theta Network

15681011

Comments

  • Registered Users, Registered Users 2 Posts: 2,576 ✭✭✭Irish_rat


    Is this becoming the Link thread now? Cmon put that stuff in another place.

    Tfuel below 20cents is going to be a rare opportunity


  • Registered Users, Registered Users 2 Posts: 4,314 ✭✭✭BOHtox


    What's the use case of the TFUEL and THETA coins? I get their platforms and I get their use case and if they were a company I'd buy shares in them. But what makes the price of their coin valuable and what gives it upside potential?

    I'm a THETA bull as much as the next person but just wondering what gives its token value.


  • Registered Users, Registered Users 2 Posts: 2,576 ✭✭✭Irish_rat


    This is the differences:

    Theta is the governance token which allows you to setup a guardian node but you need a minimum of 1k. The more guardian nodes the more secure the network. You get rewarded tfuel for validating the blocks generated from enterprise nodes and confirming transactions. It's proof of stake. It has a max supply of 1 billion which is all in circulating supply. 600million is locked up.

    Tfuel is the utility token used essentially for gas fees and reward payouts. Its better having a two token system imo and it's use case is completely different. It has no max supply.

    But its use case is now increasing with payment method for NFT's. Also remember the burning and staking mechanisms coming in June, the rewards will be very high as % staked will be much lower than Theta. As more percent staked the rewards get less but the price of tfuel will increase. So you will have a steady passive income for life.

    lngZtnEl.jpg

    Also edge node payouts are increasing. The current tfuel model is flawed as there is 40k edge nodes with little rewards. It will essentially incentive more users to launch edge nodes and expand the network.

    The end goal is more edge nodes

    I've been slagged as a theta maxi so do your due diligence!


  • Registered Users, Registered Users 2 Posts: 3,884 ✭✭✭Brock Turnpike


    I have 175 Theta Tokens from a year or so back.

    How do I get TFuel to allow me to move my tokens to a different wallet?


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    BOHtox wrote: »
    What's the use case of the TFUEL and THETA coins? I get their platforms and I get their use case and if they were a company I'd buy shares in them. But what makes the price of their coin valuable and what gives it upside potential?

    I'm a THETA bull as much as the next person but just wondering what gives its token value.

    The elephant in the room that none of the THETA holders here want to acknowledge is Mixer.
    https://en.wikipedia.org/wiki/Mixer_(service)
    Mixer came preinstalled on every Xbox, millions of potential users from day 1, Microsoft with all their money poached top streamers from Twitch and Youtube, it had "Sparks"—a currency accumulated while viewing streams.
    Mixer=THETA
    Sparks=Tfuel
    Mixer was shut down by Microsoft as it did not put a dent in Twitch or Youtube.
    Now do you own research and go to www.theta.tv see how many are watching the streams, see how many followers the top streamer have, now compare to those on Twitch and Youtube.
    Now the THETA maxis here really believe THETA is going to $50, yet dont seem to want to or are able to explain the complete failure of Mixer.
    Its down two more places in the ranks from yesterday to 18.


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  • Registered Users, Registered Users 2 Posts: 5,781 ✭✭✭el diablo


    I have 175 Theta Tokens from a year or so back.

    How do I get TFuel to allow me to move my tokens to a different wallet?

    On an exchange such as Binance.

    Orange pilled.



  • Registered Users, Registered Users 2 Posts: 3,884 ✭✭✭Brock Turnpike


    el diablo wrote: »
    On an exchange such as Binance.

    So I buy TFuel?


  • Registered Users, Registered Users 2 Posts: 2,885 ✭✭✭wandererz


    On the Theta Web Wallet there is an option to click and get an amount tfuel.


  • Registered Users, Registered Users 2 Posts: 3,884 ✭✭✭Brock Turnpike


    wandererz wrote: »
    On the Theta Web Wallet there is an option to click and get an amount tfuel.

    Where? I had a look and couldn't see.


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    So I buy TFuel?

    ya, how many is it asking for to move the Theta?


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  • Registered Users, Registered Users 2 Posts: 3,884 ✭✭✭Brock Turnpike


    Lex Luthor wrote: »
    ya, how many is it asking for to move the Theta?

    0.00001


  • Registered Users, Registered Users 2 Posts: 2,885 ✭✭✭wandererz


    0.00001
    PM me your Theta deposit address.


  • Registered Users, Registered Users 2 Posts: 4,314 ✭✭✭BOHtox


    The elephant in the room that none of the THETA holders here want to acknowledge is Mixer.
    https://en.wikipedia.org/wiki/Mixer_(service)
    Mixer came preinstalled on every Xbox, millions of potential users from day 1, Microsoft with all their money poached top streamers from Twitch and Youtube, it had "Sparks"—a currency accumulated while viewing streams.
    Mixer=THETA
    Sparks=Tfuel
    Mixer was shut down by Microsoft as it did not put a dent in Twitch or Youtube.
    Now do you own research and go to www.theta.tv see how many are watching the streams, see how many followers the top streamer have, now compare to those on Twitch and Youtube.
    Now the THETA maxis here really believe THETA is going to $50, yet dont seem to want to or are able to explain the complete failure of Mixer.
    Its down two more places in the ranks from yesterday to 18.


    Up to 15th today


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    BOHtox wrote: »
    Up to 15th today

    Back to 17, getting into Tron territory, a confirmed shít coin


  • Registered Users, Registered Users 2 Posts: 2,576 ✭✭✭Irish_rat


    Theta is one to hold and forget like a blue chip stock.

    Judging its price daily is ret%%ded and shortsighted


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Irish_rat wrote: »
    Theta is one to hold and forget like a blue chip stock.

    Judging its price daily is ret%%ded and shortsighted
    A cope or coping mechanism, is a psychological strategy whereby someone rejects a harsh truth, and adopts a less disturbing belief instead.


  • Posts: 0 [Deleted User]


    A cope or coping mechanism, is a psychological strategy whereby someone rejects a harsh truth, and adopts a less disturbing belief instead.

    Is this how you deal with not buying in at 23c like Lex recommended?


  • Registered Users, Registered Users 2 Posts: 2,885 ✭✭✭wandererz




  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    wandererz wrote: »

    Pissing contest you want, pissing contest you shall get
    https://postimg.cc/w18bTPX5


  • Posts: 0 [Deleted User]


    Why blank out your hold?


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  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Why blank out your hold?

    Post your entire portfolio....


  • Posts: 0 [Deleted User]


    Not arsed but your welcome to look at my ETH staking rewards.

    This is almost a month old now

    .


  • Registered Users, Registered Users 2 Posts: 2,885 ✭✭✭wandererz


    Pissing contest you want, pissing contest you shall get
    https://postimg.cc/w18bTPX5

    This is a Theta forum, not a Link or any other forum.

    Is your intention simply to go into the Theta forum and constantly & consistently deride the currency and those who hold it?

    There's a term for that ...oh yeah...troll.

    One can indeed block a person on boards, but unfortunately it doesn't prevent the posts showing up when quoted by others.


  • Registered Users, Registered Users 2 Posts: 2,885 ✭✭✭wandererz


    551953.jpg


    ahhh...bliss
    551954.JPG


  • Registered Users, Registered Users 2 Posts: 2,576 ✭✭✭Irish_rat


    wandererz wrote: »
    This is a Theta forum, not a Link or any other forum.

    Is your intention simply to go into the Theta forum and constantly & consistently deride the currency and those who hold it?

    There's a term for that ...oh yeah...troll.

    One can indeed block a person on boards, but unfortunately it doesn't prevent the posts showing up when quoted by others.

    Anywhere else he would be banned by now.

    He is basically adding FUD to the thread to try and make hodlers sell their stash.

    I do enjoy the craic though but if it begins to derail the thread then that wouldn't be good.


  • Registered Users, Registered Users 2 Posts: 2,576 ✭✭✭Irish_rat


    A cope or coping mechanism, is a psychological strategy whereby someone rejects a harsh truth, and adopts a less disturbing belief instead.

    I'm adding a lot of tfuel to my portfolio. I think I have a serious problem :D

    But what about the staking rewards? :cool:


  • Registered Users, Registered Users 2 Posts: 665 ✭✭✭joeyboy11


    Irish_rat wrote: »
    I'm adding a lot of tfuel to my portfolio. I think I have a serious problem :D

    But what about the staking rewards? :cool:

    I recently got to 1,000 theta and 10,000 tfuel (during the recent sales :D) for the staking. I hope the rewards are worth it.
    The 10k tfuel I’m staking on an edge node, apparently the pool of rewards increases by 50 when main net 3.0 launches in June

    I’ve no idea what the rewards are for staking the theta tokens on gpool. I know someone who did it recently and isn’t happy with the returns.


  • Registered Users, Registered Users 2 Posts: 2,885 ✭✭✭wandererz


    This is with slightly over 1000 theta staked on gpool.

    551957.jpg


  • Registered Users, Registered Users 2 Posts: 2,576 ✭✭✭Irish_rat


    These are the 10k tfuel number guesstimates, would take them as a pinch of salt
    IMG-20210501-153736.jpg


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  • Registered Users, Registered Users 2 Posts: 5,412 ✭✭✭endainoz


    wandererz wrote: »
    This is a Theta forum, not a Link or any other forum.

    Is your intention simply to go into the Theta forum and constantly & consistently deride the currency and those who hold it?

    There's a term for that ...oh yeah...troll.

    One can indeed block a person on boards, but unfortunately it doesn't prevent the posts showing up when quoted by others.

    Ah so it's not just the ripple thread he sh1ts on, the ignore button is a handy way. If enough do it, they'll eventually fade away once they are getting no more of the attention they desperately seek.


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