Post ABjuyLhAkaZc03Sbbc by misaka_third_order@poa.st
(DIR) More posts by misaka_third_order@poa.st
(DIR) Post #ABjoxWq9EIDyYAssvg by fluffy@social.handholding.io
2021-09-26T01:28:53.761548Z
3 likes, 2 repeats
Buy crypto
(DIR) Post #ABjp2TEA5ZFknGTNqK by cristiansabarre@freespeechextremist.com
2021-09-26T01:29:47.964446Z
1 likes, 0 repeats
@fluffy *buy crypto with legit technology backing with it.
(DIR) Post #ABjpA1QlJvPStry3SS by yes@social.handholding.io
2021-09-26T01:31:09.404681Z
0 likes, 0 repeats
@fluffy ＳⓉ🄾🅽ＫＳ 🅐Ⓕ
(DIR) Post #ABjpG6mmK61lFKAScC by DerSauerkraut@poa.st
2021-09-26T01:32:15.322673Z
1 likes, 0 repeats
@Eris @fluffy Mammon evolves :aaaaaa:
(DIR) Post #ABjpKagL703l7rIFAu by DerSauerkraut@poa.st
2021-09-26T01:33:03.788525Z
0 likes, 0 repeats
@fluffy All you crypto users obviously never had to deal with a store that could take credit cards for a day.
(DIR) Post #ABjpixLgUMLaNMFaG8 by travis@pleroma.xmanifesto.club
2021-09-26T01:37:27.879448Z
0 likes, 0 repeats
@fluffy probably right it would be good for my wallet in the long run but im still not going to, i buy banana and you cant stop me weirdo fox.
(DIR) Post #ABjpsSd5YbF5ztvIf2 by fluffy@social.handholding.io
2021-09-26T01:39:10.927390Z
1 likes, 0 repeats
@DerSauerkraut what are you talking about lol
(DIR) Post #ABjpwH5GQQ0VLcv8LI by fluffy@social.handholding.io
2021-09-26T01:39:52.493446Z
0 likes, 0 repeats
@cristiansabarre banned and defederated for spreading misinformation
(DIR) Post #ABjqTHkSyWf8xtvvcW by dat_boi_dew@poa.st
2021-09-26T01:38:31.321898Z
1 likes, 0 repeats
@fluffy exit all crypto positions
(DIR) Post #ABjqgEb00ZDax4gCqe by DerSauerkraut@poa.st
2021-09-26T01:48:10.811799Z
0 likes, 0 repeats
@fluffy Crypto is supposed to be a new money but I only ever see people do the stonks game with it. How are you using it? I find next to no one online taking it and it'd be ages before physical stores do if ever. Its dependent on power and internet as much as a debit/credit card. Way too easy to be cut off from your money.
(DIR) Post #ABjr7iaua9dRoFkCHo by misaka_third_order@poa.st
2021-09-26T01:53:08.750451Z
0 likes, 0 repeats
@DerSauerkraut @fluffy it's kind of the state of everything, like stocks, no one is buying them in general for ownership in companies just to dump or rake in dividends. Precious metals, people aren't buying them to sell them later to manufacturers. Even housing in many places aren't being sold to people who want to live in them. It's all speculative bubbles for dumping on the next sucker
(DIR) Post #ABjrUfvKg4UYBfF6B6 by cristiansabarre@freespeechextremist.com
2021-09-26T01:57:18.407766Z
1 likes, 0 repeats
@fluffy o guess somebody bought doge and suffered from it. lol
(DIR) Post #ABju97fx7ETRkYSmlU by DerSauerkraut@poa.st
2021-09-26T02:27:01.066727Z
1 likes, 0 repeats
@misaka_third_order @fluffy Speculation is pure cancer.
(DIR) Post #ABjuyLhAkaZc03Sbbc by misaka_third_order@poa.st
2021-09-26T02:36:14.716541Z
1 likes, 0 repeats
@DerSauerkraut @fluffy absolutely, the ideology of ever increasing growth is that of cancer
(DIR) Post #ABk5qpYuvBUfoFDUX2 by fluffy@social.handholding.io
2021-09-26T04:38:09.767217Z
0 likes, 0 repeats
@DerSauerkraut >How are you using it?I pay my rent and buy groceries using a mastercard debit that i deposit crypto into
(DIR) Post #ABk62FYibe13ceZKW8 by DerSauerkraut@poa.st
2021-09-26T04:40:13.993456Z
0 likes, 0 repeats
@fluffy Is the card converting it to dollars (or whatever your coin is) at the moment you use it?
(DIR) Post #ABk6dJUExvriWE9Ca0 by fluffy@social.handholding.io
2021-09-26T04:46:55.486271Z
0 likes, 0 repeats
@DerSauerkraut yeh
(DIR) Post #ABk6jUWcq0LSUXD0yG by DerSauerkraut@poa.st
2021-09-26T04:48:03.047864Z
0 likes, 0 repeats
@fluffy I heard about those coming but didn't know it was rolled out. Do you not get hosed when the value swings wildly/tanks?
(DIR) Post #ABk782p0yXOtoJWBwO by fluffy@social.handholding.io
2021-09-26T04:52:28.803634Z
1 likes, 0 repeats
@DerSauerkraut there is crypto which doesn't swing "stablecoins" e.g. DAI USDT USDC
(DIR) Post #ABk7YmQY2Qz4mYp3zc by DerSauerkraut@poa.st
2021-09-26T04:57:19.178720Z
0 likes, 0 repeats
@fluffy Ah okay, I'll have to look into more closely.
(DIR) Post #ABk7aan6GxZXGwEeh6 by Aether@poa.st
2021-09-26T04:54:44.520226Z
1 likes, 0 repeats
@DerSauerkraut @fluffy Buy metal futures. Especially rare earths
(DIR) Post #ABk7abJML1NOszKPya by DerSauerkraut@poa.st
2021-09-26T04:57:38.183480Z
0 likes, 0 repeats
@Aether @fluffy I thought the chinese commanded all the rare earth metals?
(DIR) Post #ABk81fXYirlzowsS4e by fluffy@social.handholding.io
2021-09-26T05:02:31.419802Z
0 likes, 0 repeats
@DerSauerkraut yeah sure bro lmao
(DIR) Post #ABk8FpyAkAkmDk56S8 by DerSauerkraut@poa.st
2021-09-26T05:05:05.910028Z
0 likes, 0 repeats
@fluffy :tanya_confused:
(DIR) Post #ABk9lyDBjcPj0JzV68 by Aether@poa.st
2021-09-26T05:12:19.442625Z
0 likes, 0 repeats
@DerSauerkraut @fluffy I am talking about futures trading, not actually making/possessing the stuff. With futures they are on 90 day contracts and the miner is paid for the supply of the ores then you sell to a mill/refinery prior to receiving shipment. Note that you do need to be careful getting into futures trading.Prices have increased significantly in the past year due to increased demand in semi-conductors. tomshardware.com/news/rare-earth-metal-pricing-skyrockets-may-result-in-higher-electronics-pricing
(DIR) Post #ABk9lyeq4oX2O4vaCG by DerSauerkraut@poa.st
2021-09-26T05:22:06.398166Z
0 likes, 0 repeats
@Aether @fluffy So with futures you are the middle man funding the mine so they digg the ore, and as reward get to sell the ore to the refineries?
(DIR) Post #ABkBCC7Il5spc5J2Lg by Aether@poa.st
2021-09-26T05:35:17.940977Z
0 likes, 1 repeats
@DerSauerkraut @fluffy More or less. Info here nerdwallet.com/article/investing/started-futures-tradingBasically the miner needs money to pay for the ore extraction and there is a contract that at a set date in the future you or a group you have a share in will pay an agreed sum of money for, say $50/t for lithium ore. The assumption of the trader is that it will increase to say $55/t for the ore in the time between now and the delivery date, normally 90days for ores. The goal is to sell to the refinery at $55/t and you pocket the difference of $5/t. Generally commodities prices will fluctuate +/- 10%. Although there are patterns Australian lamb futures typically dip prior to Ramadan and go up for Eid for instance. Problem is black swan events can happen like with oil last year when there was a sudden drop in demand and a lot of futures traders were forced to pay to take the oil of their hands. Hence why the price of oil was negative last year.
(DIR) Post #ABkBHnCGK7263xIOky by DerSauerkraut@poa.st
2021-09-26T05:39:04.229420Z
0 likes, 0 repeats
@Aether @fluffy Oh so that's who all was getting fucked by oil last year. I kept hearing jokes about people expecting have 55gal drums of oil sitting in their front yards lol.
(DIR) Post #ABkDhsIiAY3lKWsRAO by Aether@poa.st
2021-09-26T05:50:07.251446Z
0 likes, 0 repeats
@DerSauerkraut @fluffy Yeah, there was a crash in demand in oil demand due to COVID due to 90% of the worlds planes being grounded in March 2020. The result was all the contracts that were signed in January 2020 were due for delivery in April 2020 and there was a global scramble to put all the crude oil that had been ordered somewhere and the bankers were paying people to take it off their hands.A lot of banks and hedge funds put money in oil futures as it is generally more predictable than having cash sitting around so there were a lot of bankers suddenly needing to find a home for huge shipments of crude oil they had paid for.
(DIR) Post #ABkDhslmQTJOmgTeTY by DerSauerkraut@poa.st
2021-09-26T06:06:11.024875Z
0 likes, 0 repeats
@Aether @fluffy Yeah the lockdowns screwed up everything. Funny what happens when consoomerism gets capped lol.Didn't realize they bury most monies into oil futures though. That explains even better why the energy sector is against innovation and trying to implement nuclear.
(DIR) Post #ABkEjb3lLGiWOJGmu0 by Aether@poa.st
2021-09-26T06:08:27.692457Z
0 likes, 0 repeats
@DerSauerkraut @fluffy There is a need to have a financial sector in the economy to provide lubricant for the machine. Problem is that we are now in a position where the machine has to much grease and it is stopping everything else from working correctly.
(DIR) Post #ABkEjbWTcVgZpMhieu by DerSauerkraut@poa.st
2021-09-26T06:17:42.512603Z
1 likes, 1 repeats
@Aether @fluffy LOL
(DIR) Post #ABkEmKvTmb6PDqhZaq by DerSauerkraut@poa.st
2021-09-26T06:18:12.296244Z
0 likes, 0 repeats
@Aether @fluffy