Tuesday, January 18, 2022

๐ŸŽฎ CaptainFloki๐ŸŽฎ Play to Earn ๐ŸŽฎ Fair Launch In 15 Minutes ๐ŸŽฎ Rich advertisement campaigns ๐ŸŽฎ Actual and Realtime market data for 2600+ cryptocurrencies | kyc by interfi network | Audit by two auditors and certik soon| ๐Ÿ’Ž

๐ŸŽฎ CaptainFloki๐ŸŽฎ Play to Earn ๐ŸŽฎ Fair Launch In 15 Minutes ๐ŸŽฎ Rich advertisement campaigns ๐ŸŽฎ Actual and Realtime market data for 2600+ cryptocurrencies | kyc by interfi network | Audit by two auditors and certik soon| ๐Ÿ’Ž

Social Media Links :

๐ŸŽฎ Telegram : https://t.me/Captain_Floki

๐ŸŽฎ Contract : 0xe95bf572ee0892173f589649520666ab3b9b3ed8

๐ŸŽฎ Chart : https://charts.bogged.finance/?c=bsc&t=0xe95bf572ee0892173f589649520666ab3b9b3ed8

๐ŸŽฎ Pancakeswap : https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xe95bf572ee0892173f589649520666ab3b9b3ed8

๐ŸŽฎ Website : https://captainfloki.io/

๐ŸŽฎ Tokenomics :

๐ŸŽฎ Token Supply: 1,000,000,000

๐ŸŽฎ Locked : 100%

๐ŸŽฎ Team : 0%

๐ŸŽฎ Tax (0%)

Top DeFi coins by market capitalization

All available top crypto exchanges

Blockfolio of your coins

Watchlist of your favorite coins

Crypto Fear and Greed Index (Every day emotions and sentiments analysis of cryptocurrency Fear and greed index of bitcoin)

Fundamental Crypto Asset Score (FCAS)Complete List of Fundamental Crypto Assets Score Compare Bitcoin, Ethereum and Litecoin Assets Score Bitcoin, Ethereum and Litecoin Crypto Score

Cryptocurrency converter

Buy / Sell Instantly

Bitcoin Blockexplorer

Cryptocurrency News

The website provides a list of cryptocurrency and blockchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools. We also provide rich advertisement campaings to advertise your business on this website.


๐ŸŽฎ CaptainFloki๐ŸŽฎ Play to Earn | Fair Launch In 15 Minutes | Rich advertisement campaigns | Actual and Realtime market data for 2600+ cryptocurrencies | kyc by interfi network | Audit by two auditors and certik soon!!| ๐Ÿ’Ž

Social Media Links :

๐ŸŽฎ Telegram : https://t.me/Captain_Floki

๐ŸŽฎ Contract : 0xe95bf572ee0892173f589649520666ab3b9b3ed8

๐ŸŽฎ Chart : https://charts.bogged.finance/?c=bsc&t=0xe95bf572ee0892173f589649520666ab3b9b3ed8

๐ŸŽฎ Pancakeswap : https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xe95bf572ee0892173f589649520666ab3b9b3ed8

๐ŸŽฎ Website : https://captainfloki.io/

๐ŸŽฎ Tokenomics :

๐ŸŽฎ Token Supply: 1,000,000,000

๐ŸŽฎ Locked : 100%

๐ŸŽฎ Team : 0%

๐ŸŽฎ Tax (0%)

Top DeFi coins by market capitalization

All available top crypto exchanges

Blockfolio of your coins

Watchlist of your favorite coins

Crypto Fear and Greed Index (Every day emotions and sentiments analysis of cryptocurrency Fear and greed index of bitcoin)

Fundamental Crypto Asset Score (FCAS)Complete List of Fundamental Crypto Assets Score Compare Bitcoin, Ethereum and Litecoin Assets Score Bitcoin, Ethereum and Litecoin Crypto Score

Cryptocurrency converter

Buy / Sell Instantly

Bitcoin Blockexplorer

Cryptocurrency News

The website provides a list of cryptocurrency and blockchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools. We also provide rich advertisement campaings to advertise your business on this website.


Deciphering a billionaire’s bitcoin portfolio.

Below is the result of an orange pill orgy involving myself, two old-fashioned country club types, one curious billionaire, a Romanian dancer, and an incredible view of Central Park from the 48th floor of a W. 57th Street apartment.

https://preview.redd.it/njltlsoqujc81.jpg?width=2048&format=pjpg&auto=webp&s=9e9ec743bd2f56138993ec0e6e195b3fac5b07f6

I showed up hauling an 80-pound gift that I worried was out of place for such a fancy domicile. Even the doorman combed over it with suspicion. “It’s not a bomb,” I assured him. It wasn't a powder keg, but a quarter barrel keg of New Glarus beer from Wisconsin. And it was a hit. Everybody loved it, neglecting the aged whisky in its pretty glass decanter, and in some telling forsaking the fancy wine too. Instead it was a scraped metal barrel of delicious pee-colored liquid sloshing around a kitchen floor and making smiles. My only regret was not stopping to buy some red plastic Dixie cups on the way. The apartment was mostly empty of furniture save the living area, but what we made of it felt like a writer’s room might, everybody throwing out theories, strategy, plots, etcetera; except the protagonist of our story was bitcoin, and the villains anything that might stand in the way of its escape velocity. I learned a bunch. Here’s the billionaire’s full bitcoin portfolio:

  • SunPower, Enphase
  • Intel
  • Riot Blockchain, Marathon Digital with OTM LEAPS calls sold on both
  • Short Gold via ETF
  • Long silver via ETF
  • Long bitcoin with 25% on an LN channel. 25% in cold storage. 50% on Celsius where half is used to collateralize a loan, the proceeds of which are spent hosting several S19 miners through Compass Mining, with earnings going directly to the LN channel.
  • Cash held in stablecoins at 8.8% APY on Celsius which is enough to both cover inflation and service the bitcoin loan. This can also be used for any out-sized BTC dips (-50% or more)
  • Real Estate (land and homes) in Puerto Rico

All the above makes up over 80% of his entire portfolio. The rest was the apartment I was standing in, Apple, and Amazon stock. The apartment building was designated special tax status (421-a exemption), and the stocks allow for quick loans whenever cash is needed, which means he avoids selling the stock and causing a taxable event.

So that’s a peek into what the other side is up to, kinda beautiful in its simplicity. Anyone care to decipher this portfolio for us?


Bitcoin Farm 12.12 Breakdown

So I have been looking to see if anyone had made an updated spreadsheet breaking down the investment costs of the Bitcoin Farm to see when I would break even and I couldn't find anything so here is one I made, I hope it is useful to some people.

So some things to go over in regards to how I am making these estimates. I am using the Tarkok-markets website to get the last 24-hour price estimates on all items, prices will vary, and that could have a large impact on long-term profit, especially the price of fuel.

Speaking of fuel, I calculated how many "points of fuel" (100 fuel points in a metal fuel tank) are used in a 24 hour period by breaking down what each fuel point is worth which might not be entirely accurate, I intend to redo that to make sure I did it correctly to the best of my knowledge.

We are also assuming with all of these estimates no gradual progression, this works under the assumption that you start today going from 0 graphics cards to 50 and then going on from there.

With all of these items, you can spend all day waiting for people to list them on the flea market undervalue and save a lot of money that way. However, the biggest way to save money is to find these items yourself, something I assume you never did when making these estimates. I like to be as harsh as possible when trying to estimate stuff, so that way I am covered even in the worst of events.

I am ignoring hideout management and crafting skills as I am not really sure how those impact the bitcoin farm, or really anything at all as I have never paid much attention to those skills. I would be happy to add them to the calculation if someone could explain to me what they actually impact.

The last thing I want to mention is the sections color-coded in the darker red, the section I call " Hypothetical / Not Possible". This is what Bitcoin Farm level 3 could do if you don't have the requirement of building the solar farm to even get level 3. Just something I was curious to see is what that section of information is.

Please feel free to let me know if I am missing anything as I am sure many of you already will.

https://docs.google.com/spreadsheets/d/1FS1SpXVzz4f7i102bZKfN-UiQPU-t8YuXeza9NCBu4c/edit#gid=0

Edit: It was mentioned that fuel costs shouldn't be counted as that cost is being covered by the many other things you should be doing in hideout so I am adding something if you want to ignore fuel costs. I also want to mention that to make Bitcoin Farm 3 you need Water Collector 3, a cost I did not account for, I chose not to assume that most people will just naturally get water collection 3 for super water and booze collector, I don't think most people get solar farm which is why I counted one and not the other.

Also, I created a new sheet dividing some of the solar vs non-solar data, which might make it easier to look at.

Edit2: Forgot the Euros in Solar power when I redid them, only a small 11 mil rub error that had no impact whatsoever.


Cryptocurrencies are the greatest investment in the history and one of the most overrated things at the same time

I don't need to explain, at least not in this sub that if you had invested X amount of dollars in 20__ you would have Y amount of dollars right now. That has been posted over and over again here. I will look at things from a different perspective.

Whenever there is something big in the world and it gets talked about for a week+, you can bet your house that there will be a post about how Crypto could have solved that.

This year's most talked about event were the record inflations all over the World. When all the coins were flying high this sub was full of posts about how Bitcoin is a hedge against inflation. And that you were losing money if your fiat was just sitting in the bank. Well, Bitcoin went from 69k to 40k.

How is that hedge against inflation when you would have lost more money if you bought Bitcoin at the top rather than sitting on your hands? Crypto is great, please don't put more meaning into it than deserved.


Tried searching for Algo-backed fiat loans, but couldn’t find any. Do they exist, and if not, why?

So there are currently companies like Nexo, Celsius, and BlockFi that offer crypto-backed fiat loans on “mainstream” cryptos like Bitcoin, ethereum, link, dot, etc. But when I tried searching for companies that would accept Algo as collateral, I came up empty-handed. AlgoFi does offer Algo-backed loans, but you’re limited to USDC, which you would still need to sell on an exchange and would thus create a taxable event. Is there a reason that Algo hasn’t been accepted as an acceptable collateral crypto for fiat loans?


Heifer DAO stands for Financial Inclusion

History

The Dollar was backed by gold until 1933 when the Bretton Woods system ended, it was then no longer backed by anything and the federal government printed Dollars at will causing significant inflation.

In 1933 $1 was equivalent to today's $21.38, that is 2038.1% Inflation, it seems inflation will continue to rise into the future.

Blockchain Technology came into the limelight with Bitcoin in 2009 after the financial crises as the people lost trust in the government.

With the adoption of crypto currencies by the government of EL Salvador, retail outlets, Visa, IBM and more, cryptocurrencies and blockchain technology looks to be heading towards global adoption.

At Heifer DAO we aim to become globally accepted, financially inclusive stable coin currency that can be used as a store of value.

Heifer DAO

Heifer DAO is launching a decentralized, financially inclusive DAPP to further crypto adoption and is now Islamic finance compatible.

The DAO reserve protocol, forked from Olympus, can cater for customers from even more religious groups.

Abrahamic faiths such as Islam, Christianity and Judaism and other religions like Buddhism all prohibit usury (interest).

Different religions differ on what is classified as interest, Islam for example includes transactions that are not hand to hand as interest and so were restricted from using current decentralised applications (DAPP's) in the market due to their religious beliefs.

Heifer DOA is compliant with Islamic finance which is exciting as it means it is accessible to millions more people.

According to statistics, Muslims make up approximately 24.7% of the world's population.

Presale

Heifer DAO will be conducting a presale event in January 2022, there will be 35,000 HFR tokens minted.

Out of that 25,000 will be available for presale with each token going for $5 each raising a total of $150,000.

$100,000 will go into liquidity and $50,000 will be used for marketing and development.

Out of the 35000, 10000 tokens will go into the in liquidity pool with $100,000 for liquidity setting an initial price of $10 per Token. There will be a presale with min / max $1000 buy-in per person. There is 100% profit to be made vs listing price. Telegram: https://t.me/+hbTtszR-mM5jZjk8

The Protocol

HFR tokens are the native tokens for Heifer DAO, they are backed by at least $1.

There is a rebase mechanism in place. Should the price decrease below a dollar the treasury automatically will buy HFR from the market until the price rises above a dollar.

The protocol will sell HFR tokens in exchange for Liquidity Pool tokens (lp) and stable coins above a dollar.

Each token is valued at least $1. By buying below $1 and selling above $1, the protocol remains in profit and users; who are also owners of the protocol, share the dividend rewards.

There is no inflation, in contrast, the value of the protocol token can rise above the minimum value ($1).

We want to become a stable coin that is a store of value, mass adoption can bring price stability through volatile markets:

Adoption leads to:

  • Increase of minimum price floor with increased liquidity
  • Unlike other DAO’s in the market, HFR DAO was designed to be more financially inclusive. With the introduction of Islamic finance compatibility, millions more people can participate in the project allowing for true global adoption and project growth.

Links


Sunday at Furnie's #27 Summary (January 16, 2022)

Carc, Amir, Rothgyr, and 2pacs were on stream.

Carc:

Will be joining Amir going full-time for Useless.

Carc’s (current) full-time schedule, starting the Jan 24th:

-Mon: Working alongside Rothgyr

-Tue: Working alongside Amir

-Wed: Working alongside Lynx

-Thu: Working alongside Amir

-Fri: Alone in his basement

We will be moving to mid-week twitter spaces instead of directly after the stream

-Exact time is TBD

Now streaming on both Youtube and Twitch

Now that Carc is full time, he has the opportunity to dedicate more time to VC funding and working with Useless Jelly to build pitch decks and reach out to potential investors

If you are a university student or faculty student or are connected in any way, reach out to the Useless team if you would like us to speak at your university.

On Wednesday, January 19, there is Cryptopia in Salt Lake City, Utah

-Several Useless team members will be in attendance

-Feel free to come if you are in the area

Pretty exciting news on the horizon

-Some groundwork and Proof of Concepts have to be put into place before we can officially announce them

Amir:

Excited to start next week, looking forward to being able to work full-time with Carc (two heads are better than one)

Not too many updates, currently tying up all the loose ends from his full-time job so he can transition smoothly

He will be slowly ramping up Useless activities this week

Next week he will be able to hit the ground running with Carc

As far as the app, no major update

-May release a quick fix for some reported bugs

Rothgyr:

Working on a lot of things in product; cannot disclose them yet as they are tied into some of the big developments that have not been announced yet.

2pacs:

Now that we have Amir and Carc full-time, we can structure things a bit better and you will most likely see a huge boost of speed and productivity

-Development has been happening in their spare time (which is not too much with a full-time job and families)

In terms of output, things will really start churning now

Not as much marketing is happening yet (because of some news that are yet to be announced), but we have been doing a lot of Telegram and AMA sessions to begin to get the word out there

-Shoutout to Nigelcast for being one of the most professional AMAs we have ever done. They were very kind, curious, and had done their research on us. Be sure to check them out.

-Nigelcast AMA: https://radio-nigel.simplecast.com/episodes/nigelcast-ep-6-useless-4RGSHf4q

-This Friday, we will be having an AMA with Devil Crypto at 9pm EST.

-On Wednesday Jan 23rd, 2pm CT, 2pacs has an interview with Spencer from Daily Mynt (which will most likely be pre-recorded and available soon after)

-Jan 23rd: Interview with Kristie who runs the Bitcoin Mt. Shasta Summit

Things are coming together; instead of paying for several influencers, we wanted to start up the marketing by making several appearances ourselves

-Expect a lot more interviews, and we will experiment with the Twitterspace day and times to see what will have the most engagement, and what will be the most opportune time for the community

If you are in the discord, be sure to check the Events feature in the server regularly to be kept up to date on upcoming appearances

Meme King: Kristian

Shill King: Reedone

Youtube: https://www.youtube.com/watch?v=A57i1Q2gGSQ

Twitch: https://www.twitch.tv/videos/1265803674