CryptoOrca

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CryptoOrca

CryptoOrca

@Crypto__Orca

Interested in crypto as a whole. Him/He. https://t.co/7Po5CKAYpK Grailers DAO.

Katılım Ağustos 2021
72 Takip Edilen266 Takipçiler
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CryptoOrca
CryptoOrca@Crypto__Orca·
And of course if you missed I wrote a series of small articles on what makes a long form collection great, starting with the fat middle: @CryptoOrca/the-key-to-a-great-long-form-generative-art-collection-the-fat-middle-b47be18d466d" target="_blank" rel="nofollow noopener">medium.com/@CryptoOrca/th…
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Matt Doogue
Matt Doogue@MattDoogue·
The importance of speaking. I will always champion mental health awareness. I will always tell my story. I will always offer help to those that need it, especially young people!
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CryptoOrca
CryptoOrca@Crypto__Orca·
@_ayyybee_ In that context, they selling is a pico top signal lol.
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CryptoOrca
CryptoOrca@Crypto__Orca·
@_ayyybee_ I guess it depends on the context. Is the artist a trader? Why are they buying? Are they using whose money? If an artist just believes their collection is undervalued and buy with their own money I don't see an issue.
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CryptoOrca
CryptoOrca@Crypto__Orca·
Minted my DNA NFT from @BangOlufsen today. Can't pass on the opportunity to be part of the first foray into NFTs from such an accomplished company. Can't wait to see the relationship to the physical items. dna.nft.bang-olufsen.com
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CryptoOrca
CryptoOrca@Crypto__Orca·
@VonMises14 Depending on how much you paid for gas for your friendship bracelets, it might be the winner here😅
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VonMises
VonMises@VonMises14·
Since Art Blocks went to a Dutch auction format, Gazers has been BY FAR the best performer rising 100+x from mint price. The next best performers are Fontana has 14x, Anticyclone has 12x and Memories of Qulin has 10x. Literally not even close!
MattKane.eth 🎨@MattKaneArtist

One year ago today. Let me introduce you to what will mint at 0.25 ETH and rise in a falling bear market to a 25+ ETH floor. More importantly, what will inspire the best community in NFTs to organically form around an artwork. The best is yet to come. 🌚♾ #Gazers1000 #cryptoart

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CryptoOrca
CryptoOrca@Crypto__Orca·
@alexmillertech @jespow Since client in this context is the exchange, negative balances would be an exchange costumer with a negative balance (they own money to the exchange). In that context it makes sense to ignore those, otherwise the exchanges liabilities get reduced without it having to pay anyone
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Jesse Powell
Jesse Powell@jespow·
1/ I said I was going to be more assertive with calling out problems. This is one of them. "Reserves" = assets minus liabilities "Reserves" != list of wallets The Proof of Reserves AUDIT requires cryptographic proof of client balances and wallet control. web.archive.org/web/2017011411…
CoinMarketCap@CoinMarketCap

CMC’s Proof of Reserves includes: 🔹The Total Asset 🔹Public Wallet Address Ownership 🔹Balance, Price & Value of Public Wallets 🔹Updated Every 5 Minutes! <2/5>

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CryptoOrca
CryptoOrca@Crypto__Orca·
Smooth sailing through the bear.
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CryptoOrca
CryptoOrca@Crypto__Orca·
@themetav3rse My favorite part is when he calls "not being a jerk so that people like you" a "woke game" 🤣🤣🤣🤣
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Metav3rse
Metav3rse@themetav3rse·
the story keeps getting... stranger
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CryptoOrca
CryptoOrca@Crypto__Orca·
@euler_mab @the_advisor_btc @rocifi @dcinvestor the repuation damage gets extended. So yeah, they could always start from scratch, but even in that case they would be forever at risk of being "exposed". In the end I think reputation could work, although I'm not sure we are there yet.
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CryptoOrca
CryptoOrca@Crypto__Orca·
@euler_mab @the_advisor_btc @rocifi Think someone anon like @dcinvestor, if they ran with the money in an uncollateralized loan, sure they could start from scratch but they would forfeit all access and reputation that that account has today. And if someone ever links their new persona to the previous one,
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Michael Bentley
Michael Bentley@euler_mab·
There is no such thing as uncollateralised lending. You always offer *something* as collateral. Your reputation. Your future income. Your freedom. It works in tradfi because state-level power exists to enforce the creation of new collateral classes.
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CryptoOrca
CryptoOrca@Crypto__Orca·
@euler_mab @the_advisor_btc @rocifi When you add legal enforcement is not reputation that is the collateral, it's the coercion power. What you might be missing here is that reputation is more than itself, it's also future opportunity cost. A low credit score is bad for future reasons and that might apply here
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Michael Bentley
Michael Bentley@euler_mab·
@Crypto__Orca @the_advisor_btc @rocifi Reputation only works as collateral if it is worth more than the collection of loans taken out against it. Since it is quite a volatile 'asset' - it can go to zero overnight - I'm quite sceptical about whether it can serve as collateral without a legal enforcement layer on top.
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CryptoOrca
CryptoOrca@Crypto__Orca·
@euler_mab @the_advisor_btc @rocifi is trying to do something like reputation as collateral. I never used it, but I like that people are experimenting in that direction because while digital identity is very different from real ones, reputation kind of works the same and definitely can be valued in some way
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Michael Bentley
Michael Bentley@euler_mab·
@the_advisor_btc No, because identities can be bought and sold and there's still no recourse for cheaters quite like there is in the real world.
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Andrew Jiang
Andrew Jiang@andrewjiang·
Crypto interfaces definitely need to improve, but learning how to self custody may ultimately be one of those life skills our kids grow up with — like balancing a checkbook used to be.
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CryptoOrca
CryptoOrca@Crypto__Orca·
@liboar @dcinvestor Can you expand on their card? I don't have yet, never liked any crypto card things, maybe this one is different.
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🐱
🐱@liboar·
@dcinvestor Granted I did use the crypto com app when I did cash out, because it was the most user friendly, until I realized I was getting screwed by their rates. I also have their card, 'cause there are tax advantages to using it in EU. All ETH on Ledger, though.
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DCinvestor
DCinvestor@DCinvestor·
an interesting thread in all of this is i'm seeing comments from some NFT folks, many of whom admittedly don't know much about "real" crypto as you might consider it, but they say getting into NFTs forced them on-chain and into self-custody vs exchange custody interesting
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CryptoOrca
CryptoOrca@Crypto__Orca·
@gainzy222 Kraken is a terrific exchange if you are using it as a fiat on/off ramp for thousands of dollars instead of millions (like most people). Kraken is the perfect crypto exchange if you are a crypto *user*. They only "suck" because most people want to be traders.
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gainzy
gainzy@gainzy222·
We’re in crypto to retire. Period. You can’t long a kraken token, it has none. You can’t shill kraken refs, they have none and even if they did they have no liquidity which renders them unusable to traders anyway. They just have a bunch of money and shitty ideas.
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gainzy
gainzy@gainzy222·
“why does kraken suck?” a lifetime ago we were all broke and got super excited for new exchanges because that meant cheap exchange tokens and ref links people retired off scammy exchanges that are now insolvent, myself included No one retired off kraken.
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CryptoOrca
CryptoOrca@Crypto__Orca·
@sassal0x If you lost a billion dollars in crypto you have outperformed SBF
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sassal.eth/acc 🦇🔊
sassal.eth/acc 🦇🔊@sassal0x·
If you made just $1 of profit from crypto you have outperformed SBF
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Keşfet

@peter_szilagyi @BangOlufsen @VonMises14 @alexmillertech @jespow @themetav3rse @euler_mab @rocifi