Ethereum nearly broke last week as the price crashed, Anthony Sassano of https://www.tokensets.com/ joins me to discuss what happened!

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****Please note that all of the above are referral links and I will receive a small commission if you sign up using any of these links at no extra cost to you. All referrals are for products that I believe in and use personally.

Disclosure: This is an unpaid interview for a project that was deemed worthy of research time, recording and posting for educational purposes. Furthermore, I currently have not invested in this project, but may consider doing so in the future.

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33 COMMENTS

  1. Treating and respecting Bitcoin as digital gold safe haven maybe good enough, it's easy to trade out small amounts for other spendable tokens..Let the others fart around trying to develop an engine that works without hiccups. When lightning actually develops a powerful dynamic engine, there would be little need for many other tokens. Bitcoin will always be the leader. Thanks Larky and guest

  2. I suffered from a case of bad timing. I had 100 ETH locked in a CDP when Black Thursday struck – I tried adding ETH to keep the Collateralization ratio above 150%. Using my Nano X, I tried to send more ETH, but the transaction got stuck "Pending" – no way to increase the gas level using the Nano. When the price dropped, I got liquidated and now have only 11 ETH Locked in the contract, but I can not withdraw it. Does anyone know who to contact about getting the ETH unlocked? Maybe Decentralization is not ready for prime-time…

  3. "Gas price" is the worst feature of ETH transactions. You either pay and don't get your transactions completed or you offer a lot for gas and just pay too much to get the transaction done.

  4. I think we need to make it common and normal to use bitcoin.
    If you pay for anything with cash, you have to work to replace those dollars spent.
    So, being responsible about your finances, its important to only buy once you have the cash for the new purchase.
    Do not rely on Bitcoin as credit.
    Once you're ready, use a network address on the dirty internet instead of your personal debit card.
    Then use your cash to replace the precious Satoshi's you spent.

    Spend Responsibly,
    but there's no need to worry about being the Pizza Guy if you practice replacing your stack.

  5. Just stop f'ing around with ethereum. Built by cucks traded by tards. PoW ONLY for currencies, Cardano for contracts. ETH is first to market but so was Yahoo and Netscape.

  6. Covid19 is the saddist thing ever happen in this era ! What the most scariest is, banks also run away from letting people withdraw their own fiat !!! Hopes that all entire global economy recover soon ???

  7. ?DEFI applications are ALL moving to ETC right now?
    ETH is a centralized currency like fiat controlled by secret millionaires and billionaires whom have a hand in every crypto out there. Massive drop in every crypto project? Thank the "real" owners of ETH.
    BTC & ETC are hard money like Gold everything else is a centralized currency like fiat.
    ETC has the same fondamentales than Bitcoin… ETC is also a world computer with programable money.
    https://thecurrencyanalytics.com/12358/ethereum-classic-etc-sustains-the-original-censorship-resistant-blockchain/

  8. I was in The Netherlands for the transition from the Dutch Guilder to the Euro. The country suffered an overnight 300% mega inflation. The cost of living jumped and forced a large percentage of the population to claim social assistance as they couldn't afford to live.
    Deflation is going to kill the US economy by trillions of paper cuts.

  9. almost became undercollateralised on Nexo and had to inject a bit but turned out OK because I swapped some silver and palladium for btc, then btc bounced so more luck than judgement

  10. I’m totally bullish on bitcoin. The halving is going to cause exuberance , just a matter of time. Within 6 years , there will be sporadic periods of positive pandemonium.

  11. ? CHECK OUT TOKENSETS – https://www.tokensets.com/
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    (please note margin trading is high risk and is only for experienced traders)

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    ? CASH BACK CRYPTO DEBIT CARD – $50 FREE CRYPTO with 50 MCO STAKE ►► https://platinum.crypto.com/r/cryptolark

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    ?️ GET YOUR PERSONAL UNSTOPPABLE DOMAIN ►► https://unstoppabledomains.com/r/e6110aeadb1c4a6

    ? TOP ALTCOIN REPORTS & SIGNALS IN CRYPTO – SIMETRI ►► https://simetri.cryptobriefing.com/pro/thecryptolark/

    ****Please note that all of the above are referral links and I will receive a small commission if you sign up using any of these links at no extra cost to you. All referrals are for products that I believe in and use personally.

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