Discussions from the Metaverse

@Wiwy well it’s at 9 on quickswap. So almost to your price target lols

@DarthVader it is over 11 on quickswap

@DarthVader

I dont see any $9 on quickswap, unless you mean quick wicks weeks ago.
I dont care for wicks btw, ofc a big seller can drive down the price to $1 on uniswap, or even below $1 on any other pool/dex, in one sell if they chose to. And it would be bought back up quick.

The important thing is what price it can go down to, without recovering in a long time.

@dolphin not easy to find a clear and easy to understand comparison with a "daily-life" scenario

let's say to go to work you simply need to move from A to B, and you stick with it for months. after a while you accidentally realise there is another way to reach your destination, shorter, faster, and with a better coffe shop along the way. Now, if instead of sticking with the first solution you would have kept exploring your surrounding, you could have discovered this better solution way sooner

@OGweb3 Dude https://www.youtube.com/watch?v=0SL2PzzOiF8

@OGweb3 I think it hit the ground just before impact.

@Wiwy evidently you are beyond stupid

@DarthVader How come there was no crater from impact?

@OGweb3 why would there be a crater? Not saying it went straight down. Look at crash landing sites. There aren’t always craters. It’s not like a meteor

@OGweb3

That still makes me about 9000 times smarter than you, evidently.

@OGweb3 I was in DC at the time. It never made sense to me that day.

1. That part of the Pentagon was empty.
2. Most work is done underground in that building. Its a mini-mega city.
3. Its heavily guarded. Surprised their missiles systems were not working.
4. With all the footage, no real clear view of the airplane hitting.

With all the intel the "criminals" had there are targets in that area that would have made more sense from actual population and devastation.

@turpija Sadly it has everything to do with triangular arbitrage (google it if you are not aware), it's simple maths, but it's recking the crypto space!

The only solution would be to have every crypto trade against a stable coin only, and remove as much liquidity out of cross-pairs as possible (BTC/ETH for example).

@turpija how is it possible? Crypto is led by Btc. Traders sell when Btc drops and buy when Btc rises. Also, the vast majority of crypto are paired to Btc and eth.

@RomanistHere when i open coinmarketcap.com all i see is red, and what i can conclude there is very little independence between coins ...
it is great thing when ETH announce their upgrade and it jumps 10% on it's own, but when daddy BTC goes up, ETH follows, and when BTC goes down ETH has no other option than to follow ...

@JamesHuckle "The only solution would be to have every crypto trade against a stable coin only, and remove as much liquidity out of cross-pairs as possible (BTC/ETH for example)."

but i'm looking at 24h volume, and combined volume of USDT, USDC and BUSD is pretty much the same as combined 24h volume for top 10 non stable coins ....
so maybe it doesn't make sense to me ...
i'll have to look into triangular arbitrage

@DarthVader Never gets old. I love times like this!!!!

@dolphin the wizard has spoken

@dolphin Hero

@CryptoBackstage I watched it at my usual 3x speed (plugin on chrome), it's brilliant.

I hope TL can find a way to leverage this community, I am not saying it's going to be easy - we are a bunch of degenerates - but if he succeeds then he will weald a powerful army indeed!