wake
@wake.eth
there's too much space junk you can't even blow up a Parisian elevator filled with explosives without accidentally freeing Kryptonian super criminals from their triangular void smgdh
6 replies
2 recasts
21 reactions
Thekeystar🎩Ⓜ️🗝️
@thekeystar.eth
was that your expression when degen reached its lowest price in history? @wake.eth
1 reply
0 recast
0 reaction
wake
@wake.eth
2 replies
0 recast
3 reactions
eirrann | he/him🎩🔵
@eirrann.eth
There's never been a coin that can't go lower, unless it's at zero (coin heaven)
1 reply
0 recast
1 reaction
Ryan J. Shaw
@rjs
So what you're saying, is, that if I make a token that can go negative, then I've innovated? 🤔
2 replies
0 recast
1 reaction
wake
@wake.eth
the sell pressure is so strong, the token itself pays people to dump it
1 reply
0 recast
1 reaction
Ryan J. Shaw
@rjs
It's really hurting my head thinking about this... So the exchange pays me to take it and then ... I pay people to take it off me in turn???
1 reply
0 recast
0 reaction
wake
@wake.eth
Oil barrels went negative that one time
2 replies
0 recast
0 reaction
Ryan J. Shaw
@rjs
Oh yeah I remember that! Makes sense with physical commodities which have delivery and carrying constraints. With virtual commodities, I can only come up with scenarios like this: initially, the price is -10 DEGEN/$NEG i.e. I pay you to take it. Then the price drops to -20 DEGEN/$NEG and you pay me to take it back from you. But nobody will take that deal unless $NEG turns out to be a virus eating your harddrive 😅
1 reply
0 recast
1 reaction
wake
@wake.eth
blockchain processed entities DO have delivery and carrying constraints tho
1 reply
0 recast
1 reaction
Ryan J. Shaw
@rjs
That's true, but they're paid for upfront in the form of gas fees... hmmm... I feel like there's something interesting here but I can't quite see it out yet
0 reply
0 recast
0 reaction
