Tero's Crypto Corner

Discussion in 'General Discussion' started by terosis, Jun 20, 2017.

  1. Kanmuk_Sealclubber

    Kanmuk_Sealclubber Yes

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    I wouldn’t touch a short until after stimulus has passed and been out a while. The vaccine stocks are all overpriced, though, I agree.
     
    Utumno likes this.
  2. Agrul the White

    Agrul the White TZT Regular

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    kanmuk's hatred of short people spans time and threads
     
  3. Grandasaur Egg

    Grandasaur Egg Groor.

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    Did North Korea invent a coin I can invest in?
     
  4. Red

    Red TZT Neckbeard Lord

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    No but they definitely are mining something
     
  5. Octavionn

    Octavionn Non-Financial Advisor

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    You missed the dip.
    FB543C94-71FD-4E2E-8388-C923EA7B0A36.png
     
  6. Kanmuk_Sealclubber

    Kanmuk_Sealclubber Yes

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    Exciting. A mere $2 below the liquidation price I just ate three days ago. With another modest 20% bull spike it can get back to being a go-nowhere coin instead of a Trump-level loser.
     
    Utumno likes this.
  7. BanedenHR

    BanedenHR TZT Neckbeard Lord

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    Link is like Nokia was compared to GME
     
  8. BanedenHR

    BanedenHR TZT Neckbeard Lord

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    speaking of GME, a sudden $40 increase in the twenty minutes before close. dropped a slight bit after hours, but i expect retail to jump on this tomorrow. it be interesting to see if this creates a second momentum swing, or is merely a chance for people who wanted to get out to get out with a profit
     
  9. Octavionn

    Octavionn Non-Financial Advisor

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    Yeh the GME run has already ended. The interest to push it up imo is gone. Lots already got burned and peeps have moved on. It no longer has that cool new factor to it.

    what we’re seeing I think is just people trying to respark something that’s already long gone. Like trying to bring back the beany baby run. Lol
     
  10. allanun

    allanun TZT Abuser

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    yeah so anyways GME opened at 44 today and sitting at 150
     
  11. Fais

    Fais TZT Abuser

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    Beany Baby = Benny Hill Show

     
  12. Agrul the White

    Agrul the White TZT Regular

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    i am a sucker for reruns
     
  13. Kanmuk_Sealclubber

    Kanmuk_Sealclubber Yes

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    GME topped out at $185 after hours. That is pretty crazy.

    AMC also spiked the last few days. So did NAKD and so did SNDL. Zombie memes pissing in everyone’s mouth today.
     
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  14. Octavionn

    Octavionn Non-Financial Advisor

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    Maybe I was wrong... along with soo many other things. LoL. We'll just have to see what happens tomorrow.

    But it honestly doesn't feel like an organic WSB Pump. More like hedge funds or someone trying to trick people into thinking its another bull run.
     
  15. allanun

    allanun TZT Abuser

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    I'm expecting the rug pull tomorrow.
     
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  16. Octavionn

    Octavionn Non-Financial Advisor

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    Same. The organic emotional bull run is already long gone. This can't be anything except a trick.
     
  17. Octavionn

    Octavionn Non-Financial Advisor

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    4,159
  18. Octavionn

    Octavionn Non-Financial Advisor

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    Funny enough because I remember when /biz pumped that story of Sergey dieing. LoL. It actually crashed the price a little for a few hours. The /biz misinformation and misdirection machine on Chainlink was pure gold.

    Many of the true believers must be millionaires by now.
     
  19. Octavionn

    Octavionn Non-Financial Advisor

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    Anyways... in real news.

    https://www.coindesk.com/chainlink-10x-data-new-off-chain-reporting-overhaul
    upload_2021-2-24_18-32-40.png

    Off-chain data aggregation is coming to the Chainlink network with promises of up to 10 times the speed over the current tech stack.

    Chainlink has unveiled its newest Off-Chain Reporting (OCR) upgrade, the network’s largest overhaul since it went live on Ethereum in 2019, a blog post shared with CoinDesk claims. Data was formerly aggregated on-chain, which increased overhead on node operators, not to mention data availability inefficiencies given the rise of on-chain congestion, Chainlink co-founder Sergey Nazarov said in a phone interview with CoinDesk.

    “OCR is the third and latest version of the Chainlink Core client run by Chainlink nodes,” the blog post states. “The most immediate benefit to DeFi and its users will be a 10x increase in the amount of real-world data that can be made available to smart contract applications.”

    OCR was co-developed by Chainlink Labs’ academic cast headed by Cornell computer scientist Ari Juels, former IBM head of research Christian Cachin and former BitGo CTO Ben Chan.

    The new update – which has already been deployed for the ETH/USD and LINK/USD pricing feeds – aggregates data from disparate reporters on the Chainlink network. Each node signs off on its data source before committing the info to the on-chain contract which is pushed to subscribing applications, such as decentralized finance (DeFi) apps.

    [​IMG]
    Off-Chain Reporting (OCR) via Chainlink
    (Chainlink)
    “The initial versions of Chainlink did aggregation on-chain. And they did that on-chain because we knew we could rely on the consensus of the chain,” Nazarov said. Yet, on-chain aggregation becomes more inefficient as consumer demand increases application data needs, he added.


    Chainlink states the update will also necessarily drop the data provider’s gas usage per average transaction on the Ethereum network. That’s a boon for DeFi apps subscribing to Chainlink given each call costs fractions of ether called gwei. Gas fees are currently at historic highs with an average transaction surpassing $40 Tuesday, according to Blockchair.

    Not only will the update lessen congestion on Ethereum, but it should decrease call latency, Nazarov said.

    “Really what OCR does is take the computation we were doing on-chain and porting it out to an off-chain environment, and that is creating a very large 10x increase in efficiency, which means we can put a lot more data on-chain,” Nazarov said.
     
  20. Red

    Red TZT Neckbeard Lord

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    25,613
    I've always believed
     
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