xur17

39 ms·

421.
by xur17 4y ago
I've worked at companies that tried to have explicit 20% policies, and it worked okay for some period of time, but then became difficult to prioritize. That said, I've typically been pretty successful at casually using 10 - 20% of
422.
by xur17 4y ago
Their "protections" are FDIC, which is basically a government insurance fund. With regards to Celsius, we don't know if they lost user funds, or if they are having a liquidity crisis. There's more detail here [0], but I
423.
by xur17 4y ago
I think it's a mix of things in this case. They likely lost money in Luna, and there is a rumor they have some ETH deposits stored in stETH (staked ETH that won't be fully withdrawable until at least 1 hard fork after the merge, a
424.
Crypto Platform Celsius Pauses Withdrawals(blog.celsius.network)
256 points by xur17 4y ago|149 comments
425.
by xur17 4y ago
My point is that this is something the flashbot service does before submitting the transaction. There is nothing technical stopping them from submitting it or frontrunning it (besides destroying their reputation). In addition, when uncles a
426.
by xur17 4y ago
I think it's more likely that's related to the upcoming transition of Ethereum from PoW to PoS.
427.
by xur17 4y ago
That was my thought as well. I normally resist subscriptions, but given how much effort I went through each month to get my spreadsheet setup to work, it seems well worth it.
428.
by xur17 4y ago
Is that something the mev apis implement? The Ethereum network would still include the transaction and just have it fail.
429.
by xur17 4y ago
OK, then only accept crypto for anonymous accounts.
430.
by xur17 4y ago
I guess I don't know what sort of abuse they experience, but for spam I'd think $10 / month would be more than sufficient.
431.
by xur17 4y ago
My email volume doesn't seem to have dropped much at all, but perhaps they're trying to take advantage of the uptick in layoffs..
432.
by xur17 4y ago
What??
433.
by xur17 4y ago
Because people want to and decided the risk was worth it to them? If a consenting adult wants to deposit their money into a system that they have full visibility into, why should we stop them? > This is how crypto operates. Buyer beware.
434.
by xur17 4y ago
> If the law is held to have supremacy over “smart contracts” and implicit intent is held to be more important than explicit terms, than this undermines not just a major argument for smart contracts but a major argument as to why crypto
435.
by xur17 4y ago
Yeah, typically MEV shielding == sending directly to a mining pool that promises that not frontrun it. It's not a guarantee though, the miner could decide to still frontrun, or a small reorg could occur, and another actor could replace
436.
by xur17 4y ago
Medjedovic stood to lose all of the ETH he was paying in transaction fees (which could have easily been 3 ETH) if someone decided to frontrun his transaction. If that was most of his ETH, that does sound "significant" to me.
437.
by xur17 4y ago
> If only Tether and similar could show something, anything, an audit, that shows anything close to this. Tether isn't the only stablecoin. USDC, GUSD, DAI, LUSD, etc all have either attestations / audit reports (that are actua
438.
by xur17 4y ago
Agreed. The network would grind to a hault if the mining algorithm was changed without notifying everyone first. I have to imagine a new version of the node software is released (fork) that changes the hashing algorithm starting at X block.
439.
by xur17 4y ago
I mistyped - meant trackpoint not mouse. The maximum trackpoint speed on ubuntu is waay to slow, so I gave up on it.
440.
by xur17 4y ago
If you haven't already, I highly recommend configuring your capslock key to act as a control key.
441.
by xur17 4y ago
I used to love my trackpoint, and swore by it, but I was unable to get my mouse to go fast enough on my latest X1 carbon, so I've sadly stopped using it..
442.
by xur17 4y ago
> and the keyboard is comparable to my old t-series. Really happy to hear this bit since it's my main concern when buying a new laptop. My 2 other questions - how long does the battery last, and how is overall build quality?
443.
by xur17 4y ago
It sounds like they were going all in with their customers' money, so it kind of makes sense for them to deposit investor money in UST as well. In the case of a depeg, they are screwed (since all of their customer money is gone) regard
444.
by xur17 4y ago
> These people at S&P, Moody, Fitch they are essentially faceless individuals who look at spreadsheets and numbers, he won't be able to pressure them into compliance like he does with people on twitter. In some regards this is g
445.
by xur17 4y ago
So, several answers - for someone in a priviliged economy, you can more easily deploy this capital to gain a return (deposit in a dex, etc). For people in less favorable conditions without access to USD, it's a way to access a relative
446.
by xur17 4y ago
Would you be willing to make a bet (with money) based on those odds?
447.
by xur17 4y ago
And they're not going insolvent / losing customer funds. They are shutting down because they were not able to run their business profitably.
448.
by xur17 4y ago
This title does not seem to match the website that was linked to. It's certainly generating interesting conversation, but I'm a bit confused.
449.
by xur17 4y ago
Doesn't that just mean $600M was redeemed? A reduction in the outstanding USDT sounds like a positive sign.
450.
by xur17 4y ago
> I was planning on buying a couple of GPUs, but now I think I should wait a bit just in case ETH crashes lol If you're willing to wait a few more months, I'd definitely wait. Regardless of a price drop, there should be a deman

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