I am in a group chat with my interior designer and my going to be contractor
So far… the average waiting time for replies have been somewhere between 8-12 hours (like if I were to ask a question, it will take 8-12hours before they reply. Sometimes faster but I have waited 24hrs before)
I wonder if this is the norm or they’re just slow
Or maybe my project is too small to demand any form of attention
Sigh
gm gm
Another day of being human (aka whining) gonna talk about blur
what really irks me about the people shitting on blur is that they went to comment on it so fast and did so without much depth. (and this threads comes from bigger/famous nft/crypto twitter accounts)
comments like "borrowers have no choice but to accept 1000000% APR loans, sounds fair lol" is obviously without understanding or even trying the protocol out. They dont even understand that the whole auction is an automated process + there is additional option for people to jump in to take up the loans
AND if you really do reach 1000%, isnt it obviously the loan amt >>>> fp thats why no one wants to take it AND since no one wants to take it, isnt it obvious the best choice is to default such that the borrower loses the NFT (But keeps the loan amt) and the lender loses ETH but gets the NFT (collateral)
Then from here you can slowly start to marvel at how the self balancing between lenders borrowers auction might work and learn that its a new effort to explore a new way to do loans
I mean with a bit more thought, this wont be hard to imagine at all... but those accounts chooses to shit on it asap when the blend white paper comes out
Quite disappointing to see in this space, it is as if they cannot allow any new exploration to exist in this NFT space.
and that is fking ironical since they are native crypto/nft/web3 people who constantly laugh at those tardfi people not understanding how "onchain is better than online", how "NFTs are the new digital ownership future".
So, I am perfectly fine with people shitting on stuffs but really do it with depth, and also provide constructive feedback and state what needs to be improved or suggest what can be improve.
For example, back to "borrowers have no choice but to accept 100000% APR loans", further study at the protocol, we can see once on auction, you cant payback a small amt (to reduce a loan amt) so that you are able to continue to take a loan. This if added into one of the functions will keep the protocol even more dynamic
end of rant a bit too long
gm gm
Initially wanted to write something about bad takes on blur, bad takes on "AI art" but I just couldn't describe what I want to say
turns out writing is tough too! lollol
However, I think it boils down to this
Historically, fading new tech never bodes well
for most people it is best to embrace the new tech
for the top 0.00001% talented people, it is still useful for you to learn more about it so that you can create truly unique work
developing a negative view on a new tech without spending time and effort to learn about it, NEVER make you a better person
gm gm
Another day of random ramblings!
There are 2 things in my mind that I want to say but they are kinda related so maybe its just 1 thing
Since past year, I have secretly have been using my IRL friends as an indicator to how much ETH I should buy lol, I mean I know surely they are not looking to buy BUT what I took is the way they respond, like how much they irk the idea of buying crypto/eth and how much confidence they had that its just too stupid/risky to buy crypto/ETH.
In order to get the most sincere response from them, I will pick some really random time during a topic to ask them, one of it was, I had a friend saying not knowing what to do with spare cash, in the midst of various answers by others I threw in buy ETH! and his response was something like ETH is down 80% SO FAR (with bold if i could lol)
yeah I bought 3x more ETH that time around 1100 (I buy regularly but this time i bought 3 times more)
lol
yeah so I am probably going to do the reserve also, when they finally get more interested, and ask me about how/where/what to buy during the next cycle, I probably start exiting too
maybe exit my alts (surely I will have alts other than ETH) maybe NFTs etc
then finally ETH at some pt
gm gm
Another random ramblings to look like an active user
So, weeks back, degen spartan posted "Max pain is uponly"
I am really feeling it too, at current prices, with shanghai coming, its just too hard to buy
AND I also realized, trying to time the market is just too tough for me
should just stick to buying every once in a while