doug3465's recent activity

  1. Comment on Reddit has quarantined /r/The_Donald in ~tech

    doug3465 Link Parent
    Thanks. Weird stuff. Why he would ever publicize this is beyond me.

    Thanks. Weird stuff. Why he would ever publicize this is beyond me.

    6 votes
  2. Comment on Reddit has quarantined /r/The_Donald in ~tech

    doug3465 Link Parent
    Ok I'm sorry but what the fuck? (At him not you) Can you link me to something about this please?

    Ok I'm sorry but what the fuck? (At him not you) Can you link me to something about this please?

    1 vote
  3. Comment on Reddit is testing a paid monthly membership on a per subreddit basis for core features. in ~tech

    doug3465 Link Parent
    Have you seen this being argued or are you just inferring this?

    Have you seen this being argued or are you just inferring this?

    9 votes
  4. Comment on Reddit is moving forward with their Community Points ("donuts" in /r/ethtrader) experiment, including moving them onto the Ethereum blockchain in ~tech

    doug3465 (edited ) Link Parent
    When I sold mine, it was 20k donuts for 1 eth. And the price was going up because who knows. I will try to find screenshots that I might've taken because of how absurd it was. r/donuttrader Here...

    When I sold mine, it was 20k donuts for 1 eth. And the price was going up because who knows. I will try to find screenshots that I might've taken because of how absurd it was.

    r/donuttrader

    Here is the token's page on etherscan. Here's an address. You can see "Uniswap: Donut".

    People were using uniswap.info (a decentralized exchange). Admins refuse(d) to address this. At least I haven't seen it. I stopped following it closely after this because I was kind of appalled at the whole thing. But then everyone realized they could very likely be making money by earning karma in ethtrader, which has affected the subreddit in ways that other commenters have already expressed in this thread. Here is the product lead's first comment after the buying and selling began. No mention of donuts being traded and none since. The mods are corrupt almost certainly. The lead mod put this entire thing together. As for reddit's motives, hell, it's a subreddit currency. They can print them out of thin air.

    Some threads:

    https://www.reddit.com/r/ethtrader/comments/an5577/a_communityled_initiative_to_decentralize_donuts/

    https://www.reddit.com/r/ethtrader/comments/ajoj4e/where_donut_we_go_from_here/

    https://www.reddit.com/r/donuttrader/comments/aj07uw/lets_discuss_a_common_sense_approach_for_donuts/

    In the last couple of months, we have been following the work that u/carlslarson
    has been doing to decentralize Donuts. On behalf of the community, he has developed multiple smart contracts that allow Donuts to be moved to the Ethereum blockchain, along with much of their functionality (including distribution and tipping), and acquired assets (like the subreddit banner and badges). It’s great to see all of this progress.

    So they are endorsing the lead mod's efforts to make it possible to transfer donuts off of reddit, creating a token that can then be bought and sold, yet they will not address that that has already happened (thanks to the lead mod's work), and will happen again once reddit has implemented it into the site's UI itself. They just hammer home the subreddit governance, banners, badges, whatever the hell they want to come up with to justify the existence of these things. Here is the FAQ on r/donuttrader which explains exactly how the lead mod's makeshift project works. At the end:

    What can I do from here?

    Save your donuts in cold storage on a Trezor or Ledger.

    Convert your ERC-20 donuts back into Reddit donuts using donut.dance.

    Go donut whale watching on the EtherScan DONUT token contract page.

    Buidl a dApp that uses donut tokens!

    More information on donut functions:

    Intro to Community Points (Donuts on ethtrader) and Polls
    Buying badges
    Transferring and tipping Donuts
    Donut leaderboard
    Buy the banner

    Nothing about using a decentralized exchange to get money for them. That part is hush hush. The real question is who the hell was buying? And why?


    Edit:

    Lead mod’s reply to this

    Also, turns out you can just go to https://uniswap.info/ and type in DONUT as the ticker, go to "all time" and see for yourself. But there's no link.

    15 votes
  5. Comment on Reddit is moving forward with their Community Points ("donuts" in /r/ethtrader) experiment, including moving them onto the Ethereum blockchain in ~tech

    doug3465 Link Parent
    Alright. But you can sell them for ETH or any other crypto via decentralized exchanges. This was already happening before the admins endorsed it. So effectively, yes it is monetization of donuts,...

    Alright. But you can sell them for ETH or any other crypto via decentralized exchanges. This was already happening before the admins endorsed it. So effectively, yes it is monetization of donuts, which function the same as karma.

    Post content, receive upvotes, receive donuts, transfer off reddit, sell for ETH. Or just be a mod and receive this payment.

    10 votes
  6. Comment on Reddit is moving forward with their Community Points ("donuts" in /r/ethtrader) experiment, including moving them onto the Ethereum blockchain in ~tech

    doug3465 (edited ) Link
    TLDR: You get "Donuts" the same way you get karma. Admins are moving forward with allowing users to transfer these Donuts off of reddit onto Ethereum where they can then be traded like any...

    TLDR:

    You get "Donuts" the same way you get karma. Admins are moving forward with allowing users to transfer these Donuts off of reddit onto Ethereum where they can then be traded like any cryptocurrency. Mods are getting a lot of Donuts just for being mods.

    Edit: much more in depth comment here

    17 votes
  7. Comment on Facebook’s cryptocurrency to debut next week backed by Visa, Mastercard, Uber, and others in ~tech

    doug3465 Link
    Replying to comments here that I think are missing the main point to why this will be successful: Are you forgetting that virtually the entire world uses FB products and will be able to send money...

    Replying to comments here that I think are missing the main point to why this will be successful:

    Are you forgetting that virtually the entire world uses FB products and will be able to send money through those same channels now?

    @jackson @Greg @Cananopie

    2 votes
  8. Comment on A collection of notable Tildes threads! in ~tildes

    doug3465 Link
    This one, "If you found the secret to immortality would you tell anyone?"

    This one, "If you found the secret to immortality would you tell anyone?"

    3 votes
  9. Comment on What are you most proud of in your life? in ~life

    doug3465 Link Parent
    Write a book, mate. I wanna learn more about this story.

    Write a book, mate. I wanna learn more about this story.

    2 votes
  10. Comment on Recommend me a song that _________. in ~music

    doug3465 Link Parent
    Maybe She by Still Woozy Really any of his songs that are out now. Love them all and they could all fit what you're asking.

    Maybe She by Still Woozy

    Really any of his songs that are out now. Love them all and they could all fit what you're asking.

    4 votes
  11. Comment on Bitcoin's First $1,000 Weekend Since 2017 Marks Nine-Month High in ~tech

    doug3465 (edited ) Link Parent
    I'm a proponent of crypto in general, but your last point about ransomware extortionists has me second-guessing the whole thing. 60 minutes did a story on it last week, which seems to be freely...

    I'm a proponent of crypto in general, but your last point about ransomware extortionists has me second-guessing the whole thing. 60 minutes did a story on it last week, which seems to be freely available here. Starts at 2:00. Though, surprisingly, they kind of just gloss over the crypto part.

    5 votes
  12. Comment on Bitcoin's First $1,000 Weekend Since 2017 Marks Nine-Month High in ~tech

    doug3465 Link Parent
    Yes, but much higher lows/highs on every cycle. $1 to $30 $2 to $270 $70 to $1150 $180 to $19891 (ATH) Now $3600 to $7200 currently

    Yes, but much higher lows/highs on every cycle.

    $1 to $30
    $2 to $270
    $70 to $1150
    $180 to $19891 (ATH)
    Now $3600 to $7200 currently

    5 votes
  13. Comment on How Lil Nas X Took ‘Old Town Road’ From TikTok Meme to No. 1 | Diary of a Song - NYT in ~music

    doug3465 Link
    Thought this was a really fun video illustrating how Lil Nas X bought a beat online, made a fire song, and basically hustled it to the top through the internet. Number 1 for a month now.

    Thought this was a really fun video illustrating how Lil Nas X bought a beat online, made a fire song, and basically hustled it to the top through the internet. Number 1 for a month now.

    2 votes