REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Automotive Chat > Vancouver Off-Topic / Current Events

Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

Reply
 
Thread Tools
Old 05-08-2022, 11:16 AM   #4176
To me, there is the Internet and there is RS
 
Manic!'s Avatar
 
Join Date: Apr 2004
Location: Nanaimo
Posts: 16,861
Thanked 7,945 Times in 3,734 Posts
Failed 1,510 Times in 648 Posts
NBminer now has full unlock. Seems like everyone is joining the party.
Advertisement
__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter.
Manic! is offline   Reply With Quote
Old 05-08-2022, 11:52 AM   #4177
My dinner reheated before my turbo spooled
 
Join Date: Apr 2005
Location: Vancouver
Posts: 1,771
Thanked 582 Times in 173 Posts
Failed 54 Times in 23 Posts
Looks like LHR cards will go up in price... probably just a bit
ime2006 is offline   Reply With Quote
Old 05-09-2022, 05:07 AM   #4178
2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
 
HonestTea's Avatar
 
Join Date: Aug 2005
Location: Vancouver
Posts: 7,128
Thanked 1,315 Times in 610 Posts
Failed 65 Times in 37 Posts
Has anyone heard or is a part of STEPN?
HonestTea is offline   Reply With Quote
Old 05-09-2022, 05:45 AM   #4179
in the butt
 
donk.'s Avatar
 
Join Date: Aug 2016
Posts: 2,981
Thanked 3,836 Times in 1,383 Posts
Failed 190 Times in 103 Posts
Another crypto pyramid scheme
You can make money off it, as long as new users keep joining the platform (just like dao's)
Decent "shoes" are 5k+ last time I checked, would take around a month to make your money back assuming you walk / run every day

Who ever thought of buying the nft "shoes" is a genius, owner of the platform is probably rolling in cash moneys
__________________
Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.

Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?


Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay

donk. is offline   Reply With Quote
This post thanked by:
Old 05-09-2022, 04:38 PM   #4180
RS has made me the bitter person i am today!
 
mikemhg's Avatar
 
Join Date: Dec 2009
Location: Burnaby
Posts: 4,584
Thanked 6,176 Times in 2,266 Posts
Failed 274 Times in 110 Posts
Hold up wait, they made a new coin based on a shoe you purchase and walk around in?

Hohohoho
mikemhg is offline   Reply With Quote
Old 05-09-2022, 05:07 PM   #4181
To me, there is the Internet and there is RS
 
Manic!'s Avatar
 
Join Date: Apr 2004
Location: Nanaimo
Posts: 16,861
Thanked 7,945 Times in 3,734 Posts
Failed 1,510 Times in 648 Posts
So terra/UST is a stable coin pegged to the US dollar. It's at .75 right now.

https://coinmarketcap.com/currencies/terrausd/
__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter.
Manic! is offline   Reply With Quote
Old 05-09-2022, 05:50 PM   #4182
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,482
Thanked 3,359 Times in 1,479 Posts
Failed 246 Times in 65 Posts
Quote:
Originally Posted by Manic! View Post
So terra/UST is a stable coin pegged to the US dollar. It's at .75 right now.

https://coinmarketcap.com/currencies/terrausd/
So why aren't people buying it if it's gonna go back to $1
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is offline   Reply With Quote
Old 05-09-2022, 06:07 PM   #4183
in the butt
 
donk.'s Avatar
 
Join Date: Aug 2016
Posts: 2,981
Thanked 3,836 Times in 1,383 Posts
Failed 190 Times in 103 Posts
Who says its gonna go back up
__________________
Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.

Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?


Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay

donk. is offline   Reply With Quote
This post thanked by:
Old 05-09-2022, 06:27 PM   #4184
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,482
Thanked 3,359 Times in 1,479 Posts
Failed 246 Times in 65 Posts
LOL, my 5 minutes of Google says some clusterfuck happened with the parent Terra project or something.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is offline   Reply With Quote
Old 05-09-2022, 07:51 PM   #4185
I contribute to threads in the offtopic forum
 
Eatman's Avatar
 
Join Date: Jan 2002
Location: Vancouver
Posts: 2,595
Thanked 935 Times in 218 Posts
Failed 79 Times in 32 Posts
Remember back in 2017/18 when everyone was hating on USDT?
now everybody loves it lol
__________________
You Can't Change What You Don't Acknowledge
Eatman is offline   Reply With Quote
This post thanked by:
Old 05-09-2022, 10:38 PM   #4186
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,482
Thanked 3,359 Times in 1,479 Posts
Failed 246 Times in 65 Posts
I think people are still iffy about tether. Tether was a huge topic at the time with SEC and audits.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is offline   Reply With Quote
Old 05-09-2022, 10:50 PM   #4187
To me, there is the Internet and there is RS
 
Manic!'s Avatar
 
Join Date: Apr 2004
Location: Nanaimo
Posts: 16,861
Thanked 7,945 Times in 3,734 Posts
Failed 1,510 Times in 648 Posts
UST is back up to .93 from a low .63 today. What a comeback.
__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter.
Manic! is offline   Reply With Quote
This post thanked by:
Old 05-10-2022, 09:11 AM   #4188
OMGWTFBBQ is a common word I say everyday
 
threezero's Avatar
 
Join Date: Jan 2005
Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
Failed 96 Times in 53 Posts
Quote:
Originally Posted by HonestTea View Post
Has anyone heard or is a part of STEPN?
I talked about this back in feb when floor price on sneaker was half of current price and GST was actually around the same price as today.

I was mock at back then. I’ve already pull my initial out and now rolling free. I am sure any mention of this will continue to be mocked

Everything in crypto is a ponzi until it isn’t. No on know if anything is sustainable, you can only take a leap of faith base on what you can gather from the team and their action. So far every market manipulation they have done is int he name of sustainability. STEPN is now doing more daily volumn than Opensea. Take that for what you may. They are still gating new user sign up at an approximate rate of 1000 per day.


Oh and UST. Anyone brought the fud? Manage to brought at .65. Trim most my position and waiting to sell the rest when it’s back near $1

Not the first time a stable depeged. Great risk to reward play for anyone with the appetite.

For anyone that wants the learn the difference between all the stable coin
Main difference between stables:

Busd
Usdc
Usdt

Backed by central entities with real world $ assets (theoretically) with usdc being the most certifiably backed (withstood audits etc)

Vs

Mim
Dai
UST

Which are stablecoins that stay near $1 through protocol staking / using this as a treasury to back

Word on the street is Citadel (yea the GME entity) cordinated this attack on Terra with OTC BTC loan to Do KWan (Terra founder), preceed to dump UST on the market while shorting BTC knowing Kwan will need to dump his BTC reserve to maintain peg.
Algo stablecoin leaves alot of paper trail on-chain, anyone with the know how and power can in theory figure out each of these player's liquidation point and use it to their advantge, thus they are subjected to these manipulation and malcious attack.

Ironically the stablecoin that operates behind close door much like centralize finance have shown to be relatively immune to attacks like this. Because well who even know if USDT USDC etc is actually peg to what they say it is.

Last edited by threezero; 05-10-2022 at 09:19 AM.
threezero is offline   Reply With Quote
This post thanked by:
Old 05-10-2022, 10:59 AM   #4189
in the butt
 
donk.'s Avatar
 
Join Date: Aug 2016
Posts: 2,981
Thanked 3,836 Times in 1,383 Posts
Failed 190 Times in 103 Posts
Quote:
Originally Posted by threezero View Post

Word on the street is Citadel (yea the GME entity) cordinated this attack on Terra with OTC BTC loan to Do KWan (Terra founder), preceed to dump UST on the market while shorting BTC knowing Kwan will need to dump his BTC reserve to maintain peg.
Algo stablecoin leaves alot of paper trail on-chain, anyone with the know how and power can in theory figure out each of these player's liquidation point and use it to their advantge, thus they are subjected to these manipulation and malcious attack.

Ironically the stablecoin that operates behind close door much like centralize finance have shown to be relatively immune to attacks like this. Because well who even know if USDT USDC etc is actually peg to what they say it is.
Anyone else feel like they just lost brain cells reading this?

not attacking you threezero, just have no clue wtf I just read
__________________
Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.

Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?


Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay

donk. is offline   Reply With Quote
This post thanked by:
Old 05-10-2022, 03:30 PM   #4190
Hacked RS to become a mod
 
SkinnyPupp's Avatar
 
Join Date: Feb 2002
Location: Sunny Hong Kong
Posts: 54,108
Thanked 25,107 Times in 8,753 Posts
Failed 1,551 Times in 699 Posts
Quote:
Originally Posted by threezero View Post
I talked about this back in feb when floor price on sneaker was half of current price and GST was actually around the same price as today.

I was mock at back then. I’ve already pull my initial out and now rolling free. I am sure any mention of this will continue to be mocked
Just to be clear, I only mocked the idea that NFT shoes would become popular in mainstream, not that you would make money off them. NFT people will be able to make money off other NFT people for a while still, as long as they can keep getting mainstream people and bankers to dump money into the pool... But that's being done through huge mainstream promotion like crypto.com ads, not NFT shoes.
SkinnyPupp is offline   Reply With Quote
This post thanked by:
Old 05-10-2022, 05:34 PM   #4191
Proud to be called a RS Regular!
 
Join Date: Nov 2013
Location: YVR
Posts: 106
Thanked 73 Times in 18 Posts
Failed 4 Times in 2 Posts
Quote:
Originally Posted by donk. View Post
Anyone else feel like they just lost brain cells reading this?

not attacking you threezero, just have no clue wtf I just read
most people gain neuro connections when they read/learn about stuff they don't know about.

reallly good info. from threezero.
moldex is offline   Reply With Quote
Old 05-11-2022, 06:46 AM   #4192
Performance Moderator
 
68style's Avatar
 
Join Date: Jun 2001
Location: Richmond
Posts: 17,630
Thanked 18,779 Times in 6,315 Posts
Failed 304 Times in 200 Posts
Jesus that LUNA fall $130 to $4 in a couple of days… I know a few people heavily invested in that, that’s suicide watch levels of collapse there
68style is online now   Reply With Quote
This post thanked by:
Old 05-11-2022, 08:53 AM   #4193
To me, there is the Internet and there is RS
 
Manic!'s Avatar
 
Join Date: Apr 2004
Location: Nanaimo
Posts: 16,861
Thanked 7,945 Times in 3,734 Posts
Failed 1,510 Times in 648 Posts
UST was as low as .29 today it's at .65 right now.
__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter.
Manic! is offline   Reply With Quote
Old 05-11-2022, 09:10 AM   #4194
I contribute to threads in the offtopic forum
 
PeanutButter's Avatar
 
Join Date: Jun 2013
Location: Burnaby
Posts: 2,524
Thanked 2,987 Times in 803 Posts
Failed 412 Times in 112 Posts
There was a bank run on UST, which is what caused it to unpeg. Because it's an algo stable coin backed by LUNA, LUNA had to sell off to stabilize UST, which is hard to do if LUNA's marketcap falls below UST..

Oh man, this market is just CRAZY!

$3k worth of LUNA is now worth $50 or so now... Oh man, what a time to be alive.

I guess this is what happens when I stray away from BTC/ETH. It only took me five years, but I think i'm done with alt coins, i'm just going to keep stacking BTC/ETH.

I'm going to blame my cousin here. Guy planted the seed that I should take my profits and sprinkle them in different alt coins since the growth would be better... I'm just kidding, the only person I can blame is myself. edit; Actually, I should look at this as the cost of education.

Never a dull moment in crypto.

Last edited by PeanutButter; 05-11-2022 at 09:17 AM.
PeanutButter is offline   Reply With Quote
Old 05-11-2022, 09:29 AM   #4195
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,482
Thanked 3,359 Times in 1,479 Posts
Failed 246 Times in 65 Posts
Altcoins do tend to run once BTC's price stabilizes in a bull market, but when BTC goes the other way they drop significantly more.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is offline   Reply With Quote
Old 05-11-2022, 10:20 AM   #4196
OMGWTFBBQ is a common word I say everyday
 
threezero's Avatar
 
Join Date: Jan 2005
Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
Failed 96 Times in 53 Posts
You are suppose to use altcoin to accumulate more btc/eth

You are not suppose to use btc/eth to try and accumulate more altcoins

Man Luna was the short of the century.
Feels bad for those in LUNA. this were definitely this cycle's bitconnect
threezero is offline   Reply With Quote
Old 05-11-2022, 10:42 AM   #4197
Performance Moderator
 
68style's Avatar
 
Join Date: Jun 2001
Location: Richmond
Posts: 17,630
Thanked 18,779 Times in 6,315 Posts
Failed 304 Times in 200 Posts
Oof it's almost at $1 now

I remember the first time I heard of LUNA was on the NSX Facebook group... guys were riding it up and down to make $$$ to buy NSX's

I even rode it myself a couple times from $70 to $120 for some profits... good thing I wasn't active on the computer the last couple days, would have gotten tempted into catching a falling dagger.
68style is online now   Reply With Quote
Old 05-11-2022, 12:01 PM   #4198
RS has made me the bitter person i am today!
 
mikemhg's Avatar
 
Join Date: Dec 2009
Location: Burnaby
Posts: 4,584
Thanked 6,176 Times in 2,266 Posts
Failed 274 Times in 110 Posts
The entire space is one big farce -- many predicted this was going to happen.
mikemhg is offline   Reply With Quote
This post thanked by:
Old 05-11-2022, 12:42 PM   #4199
To me, there is the Internet and there is RS
 
Manic!'s Avatar
 
Join Date: Apr 2004
Location: Nanaimo
Posts: 16,861
Thanked 7,945 Times in 3,734 Posts
Failed 1,510 Times in 648 Posts
Lots of wild rumors.

__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter.
Manic! is offline   Reply With Quote
This post thanked by:
Old 05-11-2022, 01:10 PM   #4200
RS has made me the bitter person i am today!
 
mikemhg's Avatar
 
Join Date: Dec 2009
Location: Burnaby
Posts: 4,584
Thanked 6,176 Times in 2,266 Posts
Failed 274 Times in 110 Posts
^It's interesting reading about people's thoughts and theories on that:

https://www.reddit.com/r/CryptoCurre...was_caused_by/

This sentence is the most telling:

"How is it supposed to be a replacement for our current financial system if it's this fragile and poorly designed?"

The entire space is a farce and always has been, yet another vehicle to rob a fool of their money.

The warning signs have always been there.
mikemhg is offline   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 08:20 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net