Paper Hans

Node collector. Yield farmer

[Paper Hans @cottingham]

@PantsToTravel @AlgodTrading Pay for what people have made an effort to create for you, you scrounging peasant

[Paper Hans @cottingham]

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[Paper Hans @cottingham]

There's almost no incentive for @Strongblock_io to innovate $strngr. They receive over $90m a year in node hosting fees. You can host 500k nodes for much less than that. So, their profit must be huge - let's say $15m. This is a slow $rug by the team, as they siphon off the profit

[Paper Hans @cottingham]

@deficryptoborg @TheCoffeeBlock That TA only works with no exponentially growing sell pressure of $strng due to the rewards for existing nodes. Every 24h there are 2x as many sell orders as buy orders. The price will trend down to the marginal difference between the monthly fee + ETH gas = monthly rewards

[Paper Hans @cottingham]

@baconesq Scarcity doesn't imply it has any value. The $strong team has a history of excitable announcements followed by a lack of tangible results. There's a lot of talk and nothing much happens. The whitepaper offers very little. I'm glad I cashed out rewards the other day at $131.

[Paper Hans @cottingham]

@crypto123bull @BoxerDarren @glenn7271 @XRPHenry @baconesq No, price is related to demand in relation to scarcity. Something can be scarce and if no one wants to, needs to or is able to buy it, it's not worth anything.

[Paper Hans @cottingham]

@WilliamDaverd The eventual monthly ROI for $strong will be marginally above the cost of running a node. When nodes become unprofitable, people will let some expire. Selling pressure will reduce and the price will rise until it becomes profitable to make nodes again

[Paper Hans @cottingham]

@cryptonick_d $0.945 is the 1.272 off the previous move, however, if it drops to 0.67 it's going to marry up with a long-term up-trend as well as the 1.618

[Paper Hans @cottingham]

@art_science_x If you know what you're doing, 100% of your wealth in anything is less risky than if you're a n00b. However, you can't plan for black swan events (9/11 for me, for example, was a significant setback). That's when a bit of diversification reduces the risk

[Paper Hans @cottingham]

Be careful putting 100% of your wealth into #crypto. My #realestate portfolio is >20x my crypto portfolio and it generates cash every week (more reliably than my $strong #nodes). Funnel your crypto profits into assets that pay you cold hard cash

[Paper Hans @cottingham]

@joshmetz75 @Route2FI 1st: Built a business from 2013, targeted a specific company to buy it and they did in 2019. 2nd was real estate and co-founding another company. 3rd-5th was real estate. Hopefully 6th will be crypto but I'm making a lot of n00b mistakes on rugs and shitnodes :/

[Paper Hans @cottingham]

@Route2FI Success usually equals good decisions + a bit of good luck. My bad luck was Sept 11 (lost everything and more), divorce 3 years later (lost the remainder). It took 8 years to recover to zero. Once you make the 1st 7 figs, the next are easier with compounding/asset growth

[Paper Hans @cottingham]

$strong has become $weak

[Paper Hans @cottingham]

$ftm is becoming like $eth, @FantomFDN - slow and congested. I'm not paying 1.2 FTM for one transaction. This is the kind of thing that makes people lose faith in what should be the best platform. What next, 10 FTM for a transaction?

[Paper Hans @cottingham]

@baconesq They have a history of lots of talk and very slow action. I read it with the same apathy of the previous thousand AMAs where they've talked it up large and not much has happened

[Paper Hans @cottingham]

Thinking of making a $strong #node? Despite there being bugger all support between $290 and $375, it bounced off the S2, but could still test the 1.618 fib at $310 if it can't get back above $400. It's trading well under the PoC (red line) and it's in a nasty head & shoulders

[Paper Hans @cottingham]

Everyone pumping #Hive and $HNY, which means you should be careful - you are whitelisters' exit liquidity. You know how long a bee lives? 5-6 weeks. If Hive can last that long without pumping and crashing, it might start looking like it's worth investing in.

[Paper Hans @cottingham]

@Mangost83715143 Eh? Flux is up 10%. Presearch is up 1%. Or are you talking about fake nodes like Thor and Fire?

[Paper Hans @cottingham]

30 GWEI...oh, that's why $strong is now sub $400

[Paper Hans @cottingham]

@kellyestates @tomskiweb The 1-year EMA is sitting at 0.5