1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
Yes you can. The fees are a lot cheaper than coinbase. That's the main thing. It doesn't look as simple but it is simple lol. Strange marketing
thernbroom
Superstar
Just tried to transfer over my BTC and cash from my Coinbase acct to my Pro account and it says I have $0 in my Coinbase acct to transfer over cause the shyt I bought yesterday is on hold. Is that normal?
heisenburrr
Have Fun Staying Poor
Yea that's normal. Whenever you buy on coinbase or Gemini there's like a 5 day wait period. Super annoying. But that's just how it is. They'll email you when everything is confirmed and ready.
heisenburrr
Have Fun Staying Poor
That piece of shyt ETH making me so much money 
FatherSimp
Enough white hoes to last me thru ATL
That piece of shyt ETH making me so much money
Stop hating on Ethereum
I guess the answer is yes.
heisenburrr
Have Fun Staying Poor
heisenburrr
Have Fun Staying Poor
TheAnointedOne
Superstar
@heisenburrr Ok I think I get the gist of yield farming.
So I look to lend out an $X amount of altcoin A, preferably with a high APY.
Each loan contract has a 'collateral factor' which is a percentage of what I can use as collateral.
I borrow a $X amount equivalent to the 'collateral factor' in another altcoin B
Convert* altcoin B to altcoin A
Add that to my 'lent out' to collect more interest/yield
Is that right?
Example:
Lend out $100 worth of BAT (15% APY, 50% collateral factor)
Borrow $50 ($100 * 50%) of some unknown shytcoin (preferably with low interest)
Convert* $50 worth of shytcoin to BAT
Lend out the newly converted BAT to earn more interest/yield
* By 'convert' I meant go to some sort of decentralized exchange and sell one altcoin for another.
So I look to lend out an $X amount of altcoin A, preferably with a high APY.
Each loan contract has a 'collateral factor' which is a percentage of what I can use as collateral.
I borrow a $X amount equivalent to the 'collateral factor' in another altcoin B
Convert* altcoin B to altcoin A
Add that to my 'lent out' to collect more interest/yield
Is that right?
Example:
Lend out $100 worth of BAT (15% APY, 50% collateral factor)
Borrow $50 ($100 * 50%) of some unknown shytcoin (preferably with low interest)
Convert* $50 worth of shytcoin to BAT
Lend out the newly converted BAT to earn more interest/yield
* By 'convert' I meant go to some sort of decentralized exchange and sell one altcoin for another.
heisenburrr
Have Fun Staying Poor
I cant help you here breh. This is the type of degen shyt I have not and will never partake in.
You can find me aping into ETH look at double digit leverage this week though
the bossman
Superstar
That piece of shyt ETH making me so much money
Why so much resistance at 37k