Hey, @loopringorg - I have publicly and happily praised your amazing project in recent days, $LRC is firmly a member of my #TenForTheFuture list of the cryptoassets that together show the best of the many thousands of cryptoassets out there. But your Dapp just ate 0.3 $ETH - why?
Here's the situation. I've literally just, within the last couple of hours, begun to assemble a wallet containing the following:
$1000 each of ten cryptoassets - $WBTC, $ETH, $ETC, $WXMR, $LINK, $GRT, $UNI, $AAVE, $YFI and yes $LRC, and
$10,000 of $DAI
2/x
Literally the first transaction I wanted was to use @loopringorg to swap $1000 of $USDT into, yes, $LRC, thus:
And since I wanted to Activate Layer2, I authorised 0.3 $ETH and signed the swap. Processing commenced, thus:
A few minutes later, Etherscan TD me the L2 deposit had succeeded, thus:
Inspecting my wallet showed that, yes, I was now 0.3 $ETH lighter than before:
But, no sign of the swap from $USDT to $LRC, and when I checked the Loopring Dapp, it's as if NOTHING ever happened - except for the fact that I'm now 0.3 $ETH worse off.
I am sure you will be eager to explain what has happened. Confident, I am. I await your comments, @loopringorg with eager anticipation.
@JoinRejoinEU@nvidia OK. Basically, high-performance Graphic Processing Units (GPUs) are not only great for playing the latest-and-greatest PC games in incredible glory, but they're ALSO perfect for inclusion in machines that "mine" cryptocurrencies. 1/x
@JoinRejoinEU@nvidia That's because the things that GPUs need to do to render in large-scale, fine detail, wide colour range and high frame-rates are... performing an unfeasible number of floating-point arithmetic calculations, accurately and at blazing high speed. 2/x
@JoinRejoinEU@nvidia Which also happen to be what machines mining cryptocurrencies need to be able to do. So, when a company like Nvidia releases their new, latest-and-greatest cards, PC gamers are lucky if they can get their hands on one, because they mostly play for pleasure, not profit. 3/x
@NTrialist Not this time, it would seem... obviously those awesome guys from @loopringorg want me to raise a little stnk. HAPPY TO OBLIGE, GUYS; HAPPY TO.
@NTrialist@loopringorg I mean, if it was ME, I'd want to do all I could to find out all I could about what had happened. But hey, that's just me.
I wonder is @loopringorg realises just how quickly a formerly loyal user AND public advocate can turn from an asset into a colossal pain? I guess we'll see!
@NTrialist@loopringorg My first tweet was eight hours ago, @loopringorg - and it's only fair to give you a full 24 hours. After which, of you haven't responded to me, here, or on Discord... well, let's wait and see, eh?
And that's the Dip, as far as I'm concerned. 3000 x $GRT @ $1.95. Let's see how THAT does, today, and I'll donate 10% of the increase in vale as of 5PM this afternoon to @MindCharity which, along with @ShelterBox is one of my "CoreFive" charities.
Before I forget (which I *had*, I'm embarrased to admit, until a few minutes ago) I made a pubklic undertaking, a few days ago, to donate £200 to @ShelterBox , representing just 10% of my one-day *paper* profit from a planned purchase of $GRT. Receipts:
DeFi is what happens when you move from a rigged market to an efficient and transparent market.
DeFi is what happens when you are no longer judged on the contents of your credit report.
#DeFi is what happens when you are no longer judged by the contents of your wallet, but on the contents of your #SmartWallet - or rather, that part of the contents of the content of your Smart Wallet that YOU have chosen to.share.
#DeFi is what happens when you take the decision to insulate yourself from the economic mayhem that Libertarian extremists like the corrupt, incompetent and unapologetically criminal Johnson regime are inflicting on the soon-to-be bankrupt people of the so-called "United Kingdom"
I can feel a little tweet essay coming on, later - something along the lines of "Had a Great Morning In The World Of Cryptoassets? Well-Played! Now, HOW Much of that are YOU Planning To Give Back?"
By which I mean, if you profited from having bought $GRT near the dip of ten hours ago, and are thus looking at Something Of An Improvement In Your Holdings, couldn't YOU afford, on liquidation, to send 10% of that to a worthy cause like @ShelterBox? Yes, you could. But WILL you?
Bought a bunch at $1.83, up ~25% by lunchtime. I'm #HODLing these, soninwont take any profit today, but I'll donate 10% of the price rise by 5 PM today, x5000, to @ShelterBox first thing tomorrow, and post a receipt. Anyone else?
So, as I've told a few people in recent weeks, the reason I don't focus on stonks AT ALL in my investing shenanigans is quite simple - I'm already way over-exposed to UK stocks, Government bonds, and the Pound Sterling than I feel comfortable about, and THAT'S putting it mildly.
Every time I mention what I am convinced is the game plan of John-son-un's corrupt extremist Libertarian regime, I am sure that a few more people shake their heads and laugh and turn away. And, Imma say this; I HOPE I'M WRONG. I WANT TO BE WRONG. For the sake of OTHERS.
But the whole thrust of the corrupt Leave.EU campaign, bankrolled by thundercunts like Arron Banks, masterminded by dicksplashes like Matthew Elliott and his personal Eva Braun, the delightful Sarah Elliott (from their Tufton Street Führerbunker) has been obvious: