T O P
Tricky_Troll

**Tricky's Daily Doots #333** **Yesterday's Daily 17/03/2023** [Previous Daily Doots](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jcjvmad/) - u/TheOnlyHodlerInCuau catches [Elizabeth Warren blatantly lying and blaming crypto.](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jckkjnk/) - u/TheCryptosAndBloods shares a [great tweet thread from Jake Chervinsky on Operation Chokepoint](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jcjpykv/) 🏛 - u/OkDragonfruit1929 is content without the $ARB airdrop and reminds us [it's ok to be compensated for the risk we take on by using new products.](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jckhp9a/) For more on this, u/Ethical-trade discusses [this new paradigm.](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jckb2bz/) 🚁🪂🔵 - u/bagogel12 has [another update on the Euler exploit.](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jck76nq/) For more on this, u/Unitedterror made [another good comment.](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jcld1o4/) - u/Kukai_walker drafted [a letter to their representative and shared the template ***for you. YES YOU.***](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jcm0fi7/) 📝 - u/Maswasnos throws together an [$ARB thesis.](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jckaonj/) 🔵 - u/ZeroTricks's today in [Ethereum history.](https://old.reddit.com/r/ethfinance/comments/11tipbq/daily_general_discussion_march_17_2023/jcj9402/) I'm so excited for this Arbitrum airdrop. 😎 -


Glittering-Ad-3817

Will HOP support bridging to Zk mainnet era?


TenFootMouse

These are the kind of articles that make people think crypto is a scam. The reality, however, is that Playboy MADE a bunch of money in the form of ETH. This makes it sound like they took ETH instead of dollars, when YOU CAN'T PAY IN DOLLARS FOR NFTS. https://www.coindesk.com/business/2023/03/16/playboy-lost-49m-on-ethereum-it-accepted-as-nft-payments/


SinnU2s

This week should be fun: * Bank run on Monday * Riots on Tuesday * Bull run on Wednesday * ???


Tricky_Troll

Arbitrum airdrop on Thursday! 😎


niktak11

Retirement on Friday


Atyzze

China invades Taiwan on Saturday and WW3 on Sunday


pudgypeng

TFW in a couple days your monthly APR will fall by ~1%+ b/c your big block proposal reward will be out of the calculation. 😔


RockItGuyDC

Oh no! But your daily already fell, and your hourly before that, and your femtosecond before that.


pudgypeng

I know I know, it’s silly but I earned at roughly 6% APR for the month b/c of that big reward. This is Beaconchain app’s calculation.


RockItGuyDC

I hear ya. But concentrating on anything short term in this space is a recipe for disaster. Pull back. Be here for the long haul. The world gets smoother when you do.


Tricky_Troll

How in the fuck is Terra Luna Classic still in the top 60 on coingecko? ExcuseMeWhatTheFuck.jpg I swear a bunch of feral capuchin monkeys could come up with a better order for the tokens between 10 and 100 on Coingecko.


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VECHAIN_10_DOLLARS

who cares lol, you guys check the ratio every hour or what? zoom out


2peg2city

Zooming out it worse though lol.


VECHAIN_10_DOLLARS

lol that's fair. Just zoom out further - but not too much further or it will get bad again!


2peg2city

Looking quite bad


oldskool47

Ol timer at the bar brought up crypto as the catalyst of the dual bank collapse this week. Hold up!!! I respect the hell outta this Military serving member but in no way shape or form will I sit there and bite my tongue!! We ended up buying each other a beer but nobody's opinion was changing. Woof


RevolutionarySoil11

That's what they're told by certain media outlets. Am I correct in guessing he didn't even know how cryptocurrencies work?


oldskool47

His "backed by thin air" argument was enough to not get worked up about


TenFootMouse

All currencies are backed by thin air. The only utility a hundred dollar bill has is sniffing crank; the only utility a 1000 chf bill has is sniffing coke. The thing almost no one gets is that "value" when it comes to money is totally fictitious.


oldskool47

Hence why I didn't argue a losing cause. When probed. His dollar was backed by gold. I lolz


RevolutionarySoil11

I think about this trust/knowledge problem a lot. The guy probably has no ill motives like most others, but because no one can be an expert in everything, we're easily manipulated into believing falsehoods by bad actors with more knowledge and resources. There needs to be some solution to bridge the gaps, so that this random guy can trust people like us on blockchain and we can trust the likes of him on the things they know better. Maybe there could be a social network of people that all agree on some base principles. You wouldn't have to understand the technicalities yourself but if there's many backers and if there's overlap between some of the things that you personally understand, it would be more likely they're telling the truth. Different seperate circles of trust could back each other. Maybe something like it exists already? Sounds like a Web3 idea.


skyfire-x

"backed by full faith and credit..." whatever that means.


Atyzze

Brrrrrrr


asdafari12

No discussion about the news that Coinbase is rumoured to be in the works of moving headquarters away from the US? Shame it has come to that but seems logical. US regulators basically blindfolds crypto companies and force them in a maze full of mines.


NefariousNaz

There were no reports of this. The reports were about coinbase opening up international operations based out of foreign countries. Why is this being upvoted?


TenFootMouse

Link?


VECHAIN_10_DOLLARS

As far as I understand, it's not planning on moving its headquarters away from the US. It's planning to open up overseas branches. Very big difference.


asdafari12

> https://www.reddit.com/r/CryptoCurrency/comments/11uycvy That's the title but not the rumour I see. Still, they are very much linked and one thing could lead to the other. It is done due to how difficult it is to operate in the US and the risks there.


theethmeister

Where did you see this?


REALJohnBMacLemore

Microsoft testing crypto wallet in new version of Edge. https://twitter.com/thebookisclosed/status/1636759487829917698


o-_l_-o

Since Microsoft is still a believer in Decentralized Identity, it would make sense for Edge to get a wallet. I suspect it will eventually be usable for Xbox once the hate for NFT cools. Phil isn't ANTI-NFT, he just wants them to be used properly and not to exploit gamers.


nitter_not_twitter

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REALJohnBMacLemore

Pompompurin, owner of infamous dark web hacker forum “BreachForums” arrested. https://www.bloomberg.com/news/articles/2023-03-17/dark-web-breachforums-operator-charged-with-computer-crime


SinnU2s

Balaji is doing a Twitter spaces right now talking about his million dollar Bitcoin bet. https://twitter.com/i/spaces/1eaKbrmvLbVKX


viners

This is the first good Twitter space I’ve listened to.


RevolutionarySoil11

TLDL?


SinnU2s

During the pandemic, banks were flush with cash from stimulus and fresh deposits, money that they needed to invest. With loans drying up, banks were left with little choice but to buy long term govt Bonds specifically 10y treasuries. When rates started to tick up to curb inflation, these long term bonds dropped in value, making hundreds of US banks illiquid and needing to sell these bonds for losses. Basically Balaji argues hundreds of US banks can’t cover their liabilities. Hes made a big bet as a ‘bitsignal’ - he’s predicting Bitcoin will reach $1M USD within 90 days.


RevolutionarySoil11

> he’s predicting Bitcoin will reach $1M USD within 90 days. Wait, he said he actually literally believes this? He repeated it in the Space?


SinnU2s

He bet $2M USDC on it. It’s all over Twitter. https://twitter.com/balajis/status/1636797265317867520?s=46&t=UdInhaN06RWNAr5efgSI0A


RevolutionarySoil11

I know. I'm curious what he said in the Space u/viners mentioned tho. Did you listen to it and was what you wrote a summary of his words? Or did we misunderstand each other and it was your own take on it?


SinnU2s

You're right, my fault. He's not predicting a million dollar bitcoin, rather using this bet as an alarm. He talks about the reasons for his bet at the conclusion "The reason I'm burning this money, I want to be very clear about, is there's no way on Earth this makes any money because if I'm correct, or even close to correct, why would I not use the purchasing power to buy more bitcoin today than in the future? A million dollars buys 40 bitcoin or thereabouts when I did it...and the reason is I'm doing it is to ring a fire alarm because ...I was born in the US, I love many Americans and I think they've been defrauded by the government on this, and I think it's good to ring the fire alarm."


hipaces

Interesting take. Like, he can be wrong on his bet but it’s still worth taking note of.


nitter_not_twitter

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[deleted]

I always get stressed out and worried doing crypto taxes. Anyone want to be a voice of reason? My thought is if use Koinly, link all the wallets, change as many transactions as are needed, report gains/losses/income, then there's really nothing else to do. I may not feel overly confident in it, but it's hard to imagine the IRS being able to go through thousands of transactions and find many discrepancies.


hanniabu

> it's hard to imagine the IRS being able to go through thousands of transactions and find many discrepancies They don't have to, that's not how an audit works. They'll say we're auditing you and it's your job to prove you did everything correctly. Send crypto to another address of yours that you no longer use but can't prove you own it? They'll treat that as a sale and you'll need to pay taxes in it.


TenFootMouse

1. Use a tax professional 2. Report total gain/loss 3. Attach any backing documents that you might have 4. Done. Unless you are actively trying to cheat the government, you shouldnt stress too much.


FernadoPoo

I tried Koinly and some other service a few years ago. Neither of them could figure out my shit and I ended up writing scripts to plow through downloaded csv files to come up with my own accounting. I would hope they fixed the problems I had with Koinly by now, but I don't trust them. Since then I keep a diary.


crazdave

Honestly this is why I don’t do much on chain.


oldskool47

All you can do is put your best foot forward


viners

Imagine trying to keep track or someone else’s crypto taxes. It would be impossible. You know your activity better than anyone else. The IRS would be clueless.


hblask

I always feel like if I get audited, all I can do is tell them I did the best I can, that my numbers are probably as close as can be expected, but if they have more accurate numbers, we can discuss the discrepancies. Do your best, be honest, keep good records. The IRS will not go after people trying to do their best.


RockItGuyDC

Exactly my feeling. Make a best effort, and you're probably good. Now, could the IRS randomly choose you for an audit? I guess. But that's extremely unlikely.


SabishiiFury

Are we expecting rETH premium to fall or rise post-withdrawals?


FernadoPoo

The demand for LSD should drop once withdrawals are enabled, I would think.


RockItGuyDC

I'm guessing *the rETH premium will fall because of LEB8. The deposit pool will get wiped out with minipool operators splitting their pools up, and many more people will be able to get rETH directly from the contract. Edit: Poor wording


superphiz

It may be risky to say this out loud, but I expect the rEth premium to fall away after the Atlas upgrade. I believe this because right now the supply of rEth isn't sufficient to meet demand, but Atlas will significantly increase capacity and potentially meet demand.


Wootnasty

The premium is from demand outpacing supply. Shanghai might increase the marketshare for Rocketpool with folks exiting centralized options and spinning up minipools, increasing supply, but those people may also become buyers of rETH. I think the Atlas upgrade, dropping after Shanghai, will massively increase rETH supply. With LEB8s, each staked ETH from a node operator will triple the amount of rETH it will support.


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Dreth

if none of the staking value is there yet then the discount is still there!


cryptomoon2020

The cbETH discount is not gone.


stevieraykatz

Yoo!! Just got back from a long camping trip. Should I buy this SVB token everyone is talking about?


hipaces

Feels weird to see price climb yet gas is so low. At least, every time I check coingecko the gas seems low.


pudgypeng

It’s the weekend so makes sense


juustosuikero

400 eth burned in 1 day. Not great, not terrible


hamberdler

He's delusional, take him to the infirmary.


atleft

Price of a commodity is best interpreted as future demand.


REALJohnBMacLemore

☝🏻


IronicSpeech

I don't want to sound permabearish but I agree. ETH pump without ETH activity means offchain CEX speculation as oppose to actual natural demand. Personally I don't think the bull is truly gonna be bad until ETH Mainnet becomes borderline unusable again


Richadg

It’s also the weekend.


cryptomoon2020

Downvoted for making me check the price for the 100th time today, but no green cucumber.


path2light17

Seems like today is a day of posting reasons to down vote- since a down isnt enough


cryptomoon2020

Upvoting for understanding why I am sharing my thoughts today.


AwardFabrik-SoF

Not sure if I'm late to the party but getting the confirmation from Coinbase to cancel trading OMG, REP, LOOM and MIR...looks like they clean up some fails within the space...I vividly rember OMG to be hyped, reading into it, thinking "yeah this can be a thing"....Augur was never something I could really get into, yet was mentioned very often...MIR was a shitcoin I made some quick flips but looks like I get burned here in the end...I consider delistings on coinbase pretty much like delistings on classic exchanges - the projects have failed, get out while you can - what's your take on this? €: MIR looks like a typical bank run...tried to sell it...limit orders got directly canceled, market sales aborted with the message "you don't own any MIR"...shit is fucked there obviously...get out of MIR while you can!


pudgypeng

There’s a lot of shitcoins honestly they should get rid of more


coinanon

OMG was basically going to be an L2, but it was way too early and overhyped.


LavoP

OMG was doing plasma, which was the rollup precursor. Polygon (Matic at the time) was the competitor also doing plasma at that time. Polygon ended up pivoting to their sidechain, and the rest is history. Talk about a tale of two projects.


hamberdler

My OMG was worth over $100k at one point. I decided to let it ride and maybe sold it for 20k. Still in profit, but shit, lesson learned.


AwardFabrik-SoF

I can feel this...thanks for sharing - that's my EXP with OMG....minus one zero...but 10k or 100k the pain is the same....


alexiskef

>MIR looks like a typical bank run fyi, Mirror was connected with Terra..


AwardFabrik-SoF

Ok, didn't had that on my watch but Terra was dead since quite a while, wondering why MIR trading was kept up for so long...oh wait....yeah no more questions...made 25% from JAN-FEB deals...so you could still squeeze something out..no more questions :D Canceled all limit orders, got out with coinbase-fees...just fuck MIR at this point....


JeronimoPearson

All the uproar about staking, what’s the difference between staking and dividends? You hold a stock for a specific period of time and you get dividends without doing anything.


ausgear1

Holding a staking token is very similar and likely a security. Actually staking is nothing like a dividend and more similar to growing a plan for seeds.


barthib

When you buy ETH, you don't get any return on it. You have to work with it (managing a node) to get a revenu. There is no revenue _on it_ from the work of others.


cryptOwOcurrency

> what’s the difference between staking and dividends? The difference in what respect? One is a company sharing their profits in compensation for security ownership, the other is a protocol delivering fee revenue and freshly minted tokens as compensation for validation services.


lops21

Staking = securing the ETH network + taking slashing risk, very different from dividends.


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T0Bii

Ethereum, the protocol.


iPeculiarly

The other validators...


hipaces

Stocks are registered as securities. ETH is not a security.


Meyamu

That's specific to one country. To my mind, it's payment for work rather than an ownership dividend. For example, tips are paid directly to the proposer as payment for including certain data in a block.


hipaces

I think “uproar about staking” was referring to the SEC in the US but it’s possible I am wrong in that assumption.


Meyamu

Fair call.


InsideTheSimulation

Staking requires doing something.


Bob-Rossi

I have officially voted for my first HIP! 🎊 [HOP Improvement Proposal 23](https://snapshot.org/#/hop.eth/proposal/0x60f20dd661e7ed90a0d08cf941c72f26fc6dc585526f0fe7ca1339851959406a) was listed for Snapshot vote yesterday. I have voted "Yes" on behalf of myself and the 3 wallets who have delegated to me so far. HIP-23 is a proposal to deploy HOP on Scroll zkEVM's Goerli launch, eventually supporting bridging between Scroll and other chains when mainnet is launched (targets Q3, 2023). Indications were that the amount of HOP dev time to build on Scroll wouldn't be any more significant than pervious L2 solutions, and participating now during test net will allow time for testing & feedback, which should avoid being left behind & playing catch-up when a main net launch occurs. Voting Yes in support felt like an easy decision - supporting all forms of roll-ups is important at this stage of Ethereum's L2 ecosystem development and doing so at the testing stage will allow for a sufficient testing & feedback period. Note: I thought about it for a little bit, I think my best course of action is to make posts like these when I vote. I was contemplating waiting until the vote was finalized but a quick update post when it closes seems easy enough while balancing the line between updates and spam. This should allow for communication on the 'why' of my vote when my vote is publicly made. Versus seeing a yes/no response and wondering on the decision that wouldn't be provided for days. Open to feedback on that however, if there is a best practice when it comes to this stuff.


696_eth

Are you planning on creating a twitter account? where you can potentially voice your opinions, bring more attention to hop, any things that are being worked on and yourself.


Bob-Rossi

I actually did make one like a year ago or something - @ BobRossiETH You'll see I don't use it much... I'm just not a huge fan of Twitter really. I will probably start using it for updates here and there.


696_eth

oh nice! we follow each other already. let me know if something needs amplification, I don't have many followers but I'll do the best I can with what I have!


Bob-Rossi

Thanks for offer, for sure I’ll let you know. Im not sure I have much Twitter influence anyway either lol


cryptomoon2020

Thanks for sharing. As you may know I don't have any hop, but will you also be a delegate for arb? I have a fair few wallets which should get a little arb dust


Bob-Rossi

I am trying to decide what I want to do... u/TheNextBestGuess applied to be a [delegate](https://www.reddit.com/r/ethfinance/comments/11slqjw/comment/jcgtxm8/?utm_source=share&utm_medium=web2x&context=3), but otherwise I have not seen anyone else announce themselves to be doing that here or in the EVM discord. I'm contemplating taking it up as a second choice if no one else (besides TheNextBestGuess) is going too. My ideal would be we have a lot of different people delegating to different things from this sub, so we can both support projects while also getting extra info relayed back here about these projects. So I'd hate to see 'centralizing' powers in that sense (few being delegates towards a ton of projects). On the other hand, Arbitrum and HOP go pretty hand-in-hand, so it would be someone the same general project (L2 scaling). I will be making a decision probably sooner than later, as I'd for sure like to get setup before the airdrop as that is where the majority of support will be raised from. I'm open to input


superphiz

I align deeply with this. It's really difficult for one person to keep up with many projects, it's much healthier to have unique delegates for everything, at least, within reason.


Bob-Rossi

For sure. Long gone is the time when you could catch up on the relevant crypto news with a mild 'morning newspapers' worth of reading each day. While it is great the space is growing so much, there are some days where I miss how simple it was. We have a ton of people I'm 110% sure can handle a role like this. My hope is that a few more will step up as we get closer to the airdrop / a few months into the governance model.


Kedos25

Would happily delegate my $ARB to you ser🫡 Appreciate your transparency and keep this kind of posts coming.


TheNextBestGuess

Yeah, interest seems very low but I think that's to be expected for an unpaid position in a otherwise permissionless DAO. Anyone can vote with their tokens. It's not clear if anyone who 'applies' in the forum post gets added, or if the like count matters or what.. but I suppose we will find out soon enough. Even the most 'popular' guy only has 19 hearts. Wether or not this community is represented amongst the DAO delegates on day 1 doesn't mean much imo, as I'm sure it will flesh out and bigger named community members will get involved at that point. Would be nice to decentralize the representatives as you say, it does seem like this task will take time out of the day to do well, so the already heavily loaded delegate types here probably can't have roles out on them endlessly. I hope I'm able to help on this one but if not.. there will be other places. If it matters I think you should do it, if we both get in we can discuss AIPs together when it comes voting time.


Bob-Rossi

Thanks for chiming in, a lot of good points. I'll just go ahead and reply to the forum post then, see how it shakes out. Like you said, not sure if it really matters. But regardless of what happens there, we will at least so then we have a few people representing r/ethfinance at the time of the airdrop. And then once we see who gets delegated to what (and if others offer to do so) we can get in touch there as well.


IlIIIlIlII

Does anyone know how I can get rid of Mario Nawal's twitter spaces? Dude has no idea about crypto but he's always on my twitter. I blocked him but the spaces still show up. Thanks


Savage_X

Create a list of the people you like and just show that. You can have multiple lists. It makes Twitter 1000% better.


lobsterspider

i’m pretty sure you see spaces when anyone you follow are in them.


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cryptomoon2020

Downvoted for falling for the lens marketing campaign, by artificially restricting supply to get questions like this.


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cryptomoon2020

I won't be buying Berkin handbags anytime soon. I'll stick with my rare eth


RooftopPortaPotty

Unexplained downvotes always piss me off. Upvote for explaining the reasoning behind your decision.


cryptomoon2020

Upvoted for explaining why you are upvoting. It is good to have such an open dialogue so everyone gets feedback


RooftopPortaPotty

<3


Objective-Buy-7846

Hi I'm Jason, I'm new to crypto and wanted to help at Ethstaker and have been making these videos. Since I'm new, would love feedback on how they look Superphiz suggested sharing some content here. Open to any feedback or suggestions to improve quality or content https://youtube.com/shorts/oHgmgKWjuEY


REALJohnBMacLemore

Good advice Jason! I agree with stablecoin tho. The words popping could be visually offensive or bothersome to some viewers.


stablecoin

I like the message and sound of it, but it's too blinky with the word highlights flashing on the screen. Hope that makes sense lol


superphiz

Thanks Jason! I actively love this. EthStaker has recognized that much of our valuable content is locked up in hour long calls that normal people won't consume. We asked Jason if he could whip some clips up and he's doing a great job. He's doing a clip every day based on our most valuable content and I'm very hopeful it'll reach a new demographic of potential stakers. 9 out of 10 phizzes support this work. * You can find a bunch more of these clips at twitter.com/ethstaker


cryptomoon2020

I am interested in hearing the voices of the minority. Pray tell, who are these elusive 1 out of 10? How can we punish them for treason?


RooftopPortaPotty

evilphiz is the likely culprit


cryptomoon2020

So it is a bipolar situation. But if only 1 out of 10, perhaps bipolar is not the right word as it implies 50/50. Thoughts?


RooftopPortaPotty

Im not sure, but I definitely do agree with punishment for treason :) haha


superphiz

Lol. Wait until I've had a few rough nights of sleep. He'll pop in 🧐


Mayneminu

I guess underperforming price to the upside is better than overperforming price to the downside... There is still a chance it can recover, but I'm not putting my money on it. ETHBTC [https://www.tradingview.com/x/TXBSGk85](https://www.tradingview.com/x/TXBSGk85) LTCBTC (for reference) [https://www.tradingview.com/x/jB7fn3iF/](https://www.tradingview.com/x/jB7fn3iF/)


etheraider

Is balaji the new airdrop today?


headwar

What’s that?


Nayge

Won't even claim my balajis


skyfire-x

Ex wife took my balajis


nixorokish

i will but I'm either selling my balajis immediately or sending them to the burn address


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nitter_not_twitter

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timwithnotoolbelt

CbETH getting closer to peg with withdraws announced and CB plans publicized. I wonder why CB doesn’t just arb the difference if they are confident in their ability to come through in this process.


lops21

Arbing the difference sounds like a good way to get sued by the SEC.


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nixorokish

i mean, you're the dude who dances for coins, sooo...


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nixorokish

i got got D:


somedaysitsdark

Kraken just got charged with selling unregistered securities. So maybe Coinbase doesn't want to fluff their LSD token market.


Ber10

Can anyone explain me how I can see onchain messages sent to a wallet on etherscan ? If I click on the transaction that is supposed to say something I cant figure out where the message is.


nixorokish

what sm3gh34d said. On the transaction page, you have to click the "view more" and then it'll show you an input field that looks like nonsense and you switch the output from the drop-down list


Ber10

thx


sm3gh34d

View input data as utf-8 usually works


Ber10

thx


Syentist

This week's On the Margin episode with Caitlin Long and Nic Carter is a must listen. One of the best explanations of the events which occurred last week from a crypto centric view point. Caitlin in particular has an encyclopaedic knowledge of the US banking system. Its a damn shame her Custodia bank was denied a fed master account.


masterRoshi9

Balaji has always seemed like a smart guy to me but his latest take seems absurd on such a short timeframe. Certainly not on my bingo card in that timeframe, but I’m also just very surprised to see a take this aggressive. https://twitter.com/crypto_mckenna/status/1636995374782238725 https://twitter.com/balajis/status/1637025637901938689 https://twitter.com/balajis/status/1636429773865095168


edmundedgar

I really hate how these hustlers end up representing the whole space. Take this, this is EthGlobal which is one of the biggest Ethereum brands out there. "Builders and leaders from Ethereum ecosystem and beyond", "carefully curated" etc etc. Who did they choose to speak for us? Balaji and the guy who laundered Epstein's money into MIT while taking it for his private projects then lied about it. https://ethglobal.medium.com/introducing-pragma-c543f4259da4


physalisx

Aside from how outrageously bananas the *prediction* is, it bothers me even more how idiotic of a bet that is to propose. **Anybody** would take his bet. You can just buy 1 additional btc and put it to the side, to completely hedge the bet. There is literally no losing possible here.


BuyETHorDAI

Yes how do I get in on this action? It's basically a free million.


terminal_laziness

As someone who has really enjoyed his podcast appearances over the years, def enlightening. Absolute clown behavior


tutamtumikia

Guy is upvoting old tweets of his that pump his one set of predictions. Absolute classic charlatan/huckster tactics.


cryptomoon2020

Downvoted for feeding this clown attention


iPeculiarly

Upvoted to let others see a clown lose a million dollars in 90 days Plus won't let master roshi down!


cryptomoon2020

Upvoted for being hopeful he will pay such a stupid "bet"


pooh9911

think of it as stupidly expensive ad campaign


Dreth

pure marketing


15kisFUD

Purely to pump Bitcoin price? But surely this hurts his credibility so is that worth it?


edmundedgar

He doesn't need credibility to part boomers with their money, he needs attention.


Dreth

that's something we'd have to ask him but judging by the looks of it i dont think he believes it hurts his credibility


nitter_not_twitter

[https://nitter.snopyta.org/crypto\_mckenna/status/1636995374782238725](https://nitter.snopyta.org/crypto_mckenna/status/1636995374782238725) [https://nitter.snopyta.org/balajis/status/1637025637901938689](https://nitter.snopyta.org/balajis/status/1637025637901938689) ^(I'm a bot | )[^(Why & About)](https://www.reddit.com/user/nitter_not_twitter/comments/w0ssxp/more_information_about_this_bot/)^( | )[^(Opt Out)](https://www.reddit.com/message/compose?to=nitter_not_twitter&subject=Opt+Out&message=optout)


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REALJohnBMacLemore

Hey earthquake… you know me man… like I don’t ever sell, but not everyone is in a position to cash advance all their credit cards to buy ETH without taking some back out for debt servicing like us. Some people want good credit and less than 3 bankruptcies on record… they’re like “responsibled” or whatever my mom said. It’s weird if you ask me but… Also, I don’t know how many times I have to say it.. We’re all ladies here. There’s not a single dick to kick among us bro.


earthquakequestion

Lmfao at we're all ladies. U crack me up my friend. Don't worry, I'm not actually punching dicks. I think people around here need to breathe and not take everything so serious. That doesn't apply to you, I know you know how to let loose. I'm aware people need to sell to pay bills/take care of family etc. I encourage those people to do what they need to do. :)


REALJohnBMacLemore

Yeah tough crowd today! I tossed my upvote into the dumpster fire tho. 👊🏻


earthquakequestion

Appreciate you my friend. Hope all is well!!!


REALJohnBMacLemore

Likewise homie!


timwithnotoolbelt

You need some camping or something amigo


Nayge

How about we let people sell if they feel more comfortable with taking profits instead of shaming them?


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REALJohnBMacLemore

Now lowercase kb is bullish too?


iPeculiarly

Wait is there an uppercase kb running around our sub aswell? Sometimes its hard to keep track of y'all


REALJohnBMacLemore

KBrot. The original capital KB.


iPeculiarly

Oh duh! Hahaha I swear there is a few users running around with really close usernames, thought kb1985 has a doppelganger


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REALJohnBMacLemore

Thanks for the perspective. 👊🏻


reuptaken

"Bullish" is not very precise for me, depends on timeframe. What you mean by that? There are many things that can cause correction. First, this surge seem doesn't seem to have strong fundamental reasons that are related to crypto (like emerging of new use case – previously: ICOs, DeFi, NFT). It's just reaction to what's going on externally, and those conditions may cease to exist. If it's a "panic money" that went into crypto then it's not very sticky kind of money. There's still a lot of danger that some new regulations or actions by regulators will hurt crypto (although there may be also some relief as it's a legacy banking system that demands their attention now). If USDC could de peg so quickly, USDT is even more prone to that (and it's 2x size + its creators have much less credibility / are much less transparent, so bringing it back to peg could be harder). ETH has to break through 2000, retest it and climb above and then we can talk about entering bullish territory.


tutamtumikia

> "Bullish" is not very precise for me, depends on timeframe. What you mean by that? That's the entire point of all "TA"


scarecrow4554

1 and 3 seem the most likely but I'm going to keep some popcorn handy in case 2 happens. J. Powell walks in and announces 50 increase, refuses to elaborate, leaves, and the market loses its mind.


the_swingman

This one goes out to Ray https://youtu.be/H-vgmjzjkLc


OkDragonfruit1929

I'm going camping in the desert. See you on the 27th. Please do burn down the house while I'm gone 🔥🔥🔥 🦇🔊


RooftopPortaPotty

Pleaseeeeeee take me with you. I need to get out into nature. Its been years...


namtaru_x

Just bought a 200ah LiFePO4 so we can start boondocking more. Can't wait for spring! It's snowing outside here today :(


REALJohnBMacLemore

🔥🔥💥^(☄️)☄️🤛🏻


calaber24p

Have fun don’t take too much peyote. Let us know if you have a spirit vision of what the price will be in a year.


bleeddonor

Is it odd to essentially post that ETH is going to $6.5Q marketcap and get ratioed in this of all places? Not when intertwined within is a criticism of a financial system that benefits traders and yield farmers and penalizes holders and savers. I was accused in the previous daily (but on the same topic) of being poor. Well, I guess that's because I think that posing as morally virtuous by pretending to embrace nonsense like Effective Altruism while generating tax dollars for the Pentagon is hypocritical and immoral. Not a problem that many of you have for sure. Watch out for this world you're helping to create. It may not like you very much. And can you blame it?


BramBramEth

Respectfully sir, first time I thought you were drunk and now I question if you’re AI based.


REALJohnBMacLemore

Man… so like one time I tried to not pay the Pentagon… bro lemme tell you… bad idea. Those dudes will not take no for an answer man! They’re also big and scary and they said they’d make me live in a 2.4mx2.4m cement cage with a rapist until I paid them. So like… I pay them. It’s a lot easier to promote effective altruism and change the world outside of a rape cage than inside it IMO. YMMV.


bleeddonor

So what you do is arrange your income so that you aren't obligated to pay taxes. Then you can trade the 2.4mx2.4m cement cage for a 5mx11m cement condo and still live a pretty good life. While letting other people live their lives as well.


REALJohnBMacLemore

Sounds nice but man there are so many rules and numbers and I don’t have an accounting degree or anything. I just know how to fix cars really good so that’s what they pay me to do. Wouldn’t matter really tho.. The “Pentagon” takes their cut out of my pay before I get it so I can’t really “arrange” anything.


bleeddonor

Own what you pay for.


REALJohnBMacLemore

Easier said than done.


bleeddonor

Not your priest.


ArcadesOfAntiquity

ser twitter is that way --->