Reddit Posts
The MOON is crashing! HIDE YO KIDS, HIDE YO WIFE
This LOOKS like a paradigm shift in crypto
This LOOKS like a paradigm shift in crypto
Whales Sell Huge Amounts Of X2Y2 And LOOKS In Order To Buy BLUR
BTC has bottomed and here are the Alts I'm in: ENS, UNI, LINK
Do you guys have Looksrare on your radar? Anyone else staking LOOKS?
And the only person that LOOKS insane is HIM…
Benefits of Low Leverage Crypto Trading
Benefits of trading on Low Leverage in Crypto
What do you think will happen to LooksRare?
What do you think will happen to LooksRare?
Great read by big brain Cobie | Dissecting LOOKS Incentives
PSA: DO NOT Click on Any Link in Any Email Unless You Specifically Requested The Email
LooksRare- Seriously undervalued reward sharing NFT trading platform from a developer’s perspective
How the Small Fight the Powerful: Legal-Funding by Crowdsourcing Crypto on Avalanche
After one year in crypto space, I realized that I'm only using these coins/tokens and here is why
OpenDAO (SOS), LooksRare (LOOKS) and WTF token: 3 airdrops, with 1 scam
Ethereum’s NFT Platform - LooksRare Is Rife With Wash Trading—And OK With It
Why is no one talking about Looksrare on this sub?!
How can they just give out LOOKs, If a unit of LOOK is created for every block added to blockchain?
I lost my day trading gains chasing coins named LOVE, LOOKS AND SOFI.
Mentions
Bank of America one day - allowing customers to buy bitcoin ETFs. Bank of America the day after - BITCOIN IS ON A BUBBLE ITS A VERY DANGEROUS INVESTMENT LOOKS LIKE ITS ABOUT TO DROP MAJORLY… lmaoooo
The problem is I’m not actually sure if this is the clothing with chemical weapons in it so I’m asking if it LOOKS like the one with chemical weapons in it because I also interacted with many other websites so im asking for second opinions so I know which sites to avoid, makes sense?
NFT ecosystems are okay. BAKE, LOOKS, RARI, etc are perfectly fine. Individual NFTs are less fine.
ITT: the absolute dumbest takes I’ve ever seen for free money I made $10k from Uniswap, $60k from ENS, $3k from LOOKS, $15k from Arbitrum, $20k from OP, with a cost basis of near-0. I’ll be eligible for Starknet, ZKSync, Linea, Layer Zero, Scroll, Ekubo, Berachain. I’m already eligible for Wormhole, Dymension, Alt Layer, Orbiter, and other ones I’m already forgetting. If you’re not hedging trading with airdrops you hate money. 2024 will probably be the most lucrative period in crypto’s history to quite literally make 6 figs with almost no cost basis. There is no reason not to be qualifying for these. Most redditors will write this off as being too much effort because they don’t want to dilute their own airdrops, or truthfully, they’ve never used metamask in their years of being here.
ITT: the absolute dumbest takes I’ve ever seen for free money I made $10k from Uniswap, $60k from ENS, $3k from LOOKS, $15k from Arbitrum, $20k from OP, with a cost basis of near-0. I’ll be eligible for Starknet, ZKSync, Linea, Layer Zero, Scroll, Ekubo, Berachain. I’m already eligible for Wormhole, Dymension, Alt Layer, Orbiter, and other ones I’m already forgetting. If you’re not hedging trading with airdrops you hate money. 2024 will probably be the most lucrative period in crypto’s history to quite literally make 6 figs with almost no cost basis. There is no reason not to be qualifying for these. Most redditors will write this off as being too much effort because they don’t want to dilute their own airdrops, or truthfully, they don’t even know any of this shit works.
Moons up 100% LOOKS LIKE UPTOBER IS STILL ON THE MENU BOYS!
I have a bag of SAITO which performed well last bull. And i have faith in ROUTE and maybe XEN, STIK, DERC, ROSE, LOOKS and BRAWL
You just posted on a site that *appears* to be a scam itself. If you want people to take you seriously, you can't post shite links because your post about a scam LOOKS LIKE A SCAM.
you said well IT LOOKS dead but btc is immortal in my opinion it will never die only if they decide to remove internet from all over the world
Cries in UST, CAKE and LOOKS
It's a good question. Goes down to tokenomics and where yield comes from. Staking 10% rewards in the same token you deposit with indicate that some form of inflation is happening. Look at Bitcoin or Ethereum for examples where, yes there is inflation, but there are mechanics to limit or mitigate the impact of it from a financial standpoint. The next thing you want to ask is: what value is accruing to the token. Network fees paid in said token are, of course a counterpoint that is valid. It could well be that other operational activities accrue value to the token. In DeFi, you might have other revenue sources *directly* linked to the token. Liquity, for example, captures the liquidation value of undercollateralized ETH troves and the value goes to LQTY holders. On the other hand, some yields are pure ponzi nonsense (looking at you LOOKS or OHM), and just print the staked token unsustainably.
> The study found that Twitter bot activity played a crucial role in amplifying the value of these cryptocurrencies, including The Sandbox, Gala, Gods Unchained (GODS) and LooksRare (LOOKS), with half of the coins showing signs of price influence as a result of tweet bot activity. > It also found that these inauthentic tweets would increase after FTX posted about the token on social media, which it said raises questions about whether FTX or Alameda Research could have played a role in coordinating the bot activity. > “In fact, for half of the FTX listed coins in the sample, inauthentic tweet volume showed signs of forecasting subsequent price. This suggests that inauthentic networks successfully and deliberately deployed to influence changes in FTX coin prices,” it said, adding: > “It begs the question, did FTX or Alameda engage in coordinated inauthentic activity on social media to artificially inflate market values?”
Ok, it took me 15 minutes going through a dozen browsers and wallets. I finally found my LOOKS compounder. I have passively earned... Nothing in the last 6 months, because the price of the token keeps dropping. LFG. Will give you another update in 3 years.
Does anyone still think he looks (and I do mean LOOKS... nothing else, I'm not insinuating anything here) dodgy as f*ck?
LOOKS LIKE MEAT IS BACK ON THE MENU BOYS ^(beef flavored ramen yay)
i am pro, thats why I bought it, you would have to read the litepaper to see all the good stuff they do, because honestly it LOOKS good, BUT even though they have engineered a very sustainable model, what model can sustain 1% for anything longer than a few years.
I made also some gains with the airdrop like $LOOKS, $SOS, and some others i dont remember, all from new nfts marketplace that where hitting the market at the time, and give me the airdrop because of my previous interactions with OpenSea, like 3 eth in buy and sell... that was a great 2022 :') For sure there are some greats airdrops coming, i hope Metamask make one, not so long a go $META was a thing, i dont know if they are really developing but it would be great... Now that we are in shitcoins season expect some crazy stuff from the market
Many don't like it for a lot of reasons, but I've never had any issues. I put eth (weth) into LOOKS staking. Earn their token and weth. Percentage is always good (way back was Over 200% lol). Now at basically 12%. Still great. Can withdraw weth rewaeds anytime and can sell LOOKS and convert back. Been a good earner.
Airdrops is too broad of a term to be honest. Airdrops from legit projects aren't inherently sketchy: see $ENS, $OP, $LOOKS, $ARB or $BLUR to name a few. All of these were amazing liquidity events for people participating in the ecosystems. If you're receiving random token drops to your wallet that you didn't expect, then it's definitely risky to interact with and almost certainly a scam.
>**How are airdrops and forks taxed in Australia?** > >Airdrops and forks are the windfalls of the cryptocurrency world, but will you need to pay tax on new assets from drops and chain splits? Will it be classed and taxed as some sort of income? Or are airdrops and forks tax free? > >**Receiving an airdrop** > >The ATO has released updated guidance on airdrops and in most instances, airdrops are considered ordinary income at the fair market value of the tokens on the date you received them. > >To figure out how much Income Tax you need to pay, calculate the fair market value of your airdropped crypto on the day you receive it and apply your income tax rate. > >However, there is a specific exception to this rule for initial allocation airdrops. The ATO says these airdrops are not considered ordinary income upon receipt and therefore tax free. Your cost basis is whatever you paid for the tokens, or zero if you paid nothing. > >***Koinly's*** Australian Head of Tax, ***Danny Talwar***, says *“Some examples from the past year of Initial Allocation Airdrops that may apply include;* ***ApeCoin (APE)***, ***Looks Rare (LOOKS)***, ***Ethereum Name Service (ENS)***, ***Optimism (OP)***, and ***Paraswap (PSP)***. Implications for Australian crypto investors are confusing, as this is in the middle of our tax season. For those who have already submitted their tax returns this financial year, this may be an opportunity to amend your crypto tax return, as receiving an *“Initial Allocation Airdrop”* is now not taxed on income or capital basis on receipt.”\* > >As well as this, more recently, there have been a couple of popular airdrops where users claimed tokens some time before they were tradable - for example, the ***Sudoswap*** and ***Prime*** airdrops. Users could claim these tokens weeks before they were transferrable or tradable on decentralized exchanges, and this presents a conundrum within the existing airdrop tax guidance from the ATO. If airdrops are taxable as income at the point of receipt but have no fair market value as they're not tradable yet, should investors use a value of zero at the point of receipt, or should investors use the fair market value at the point the tokens are tradable? It's quite a grey area in existing legislation, so if you've had an airdrop like this, we recommend seeking advice from an experienced crypto tax accountant. > >**Selling or trading your airdropped coins** > >If you sell, swap, spend, or gift your airdropped coins or tokens, the disposal is treated as a normal capital gains event. > >The cost basis here is the value of the coins when they were first airdropped to you, or zero if you paid nothing for them. The above is taken from [https://koinly.io/guides/crypto-tax-australia/](https://koinly.io/guides/crypto-tax-australia/) NFA DYOR Don't trust, verify!
I very much do not think that the average investor, retail or institutional, is suddenly going to shelter in crypto. I keep hearing this narrative, but it doesn’t make sense given the current perception of crypto (risky and volatile) and economic and political climates. I get that it LOOKS like sheltering in crypto, but the recent rise is more easily explained by existing crypto investors wary of stablecoins (therefore jumping to BTC, etc) and desperate for a bull run (leading to FOMO)
Get your own wallet and start *using* crypto. I can't even remember how many airdrops I've gotten, ARB, ENS, HDL, LOOKS, LPT, etc, without me specifically making any effort toward any of them. ARB - qualified by making a handful of transactions (10+) over a period of at least couple of months ENS - just bought an ENS domain for my wallet HDL - literally just saw a sign up and entered my info LOOKS - rewarded for trading volume on OpenSea LPT - airdropped as early ETH user?? honestly don't even know, it was just in my wallet and I know I didn't buy it Most of the time it's just "right place right time" and it's as simple as: right place = the protocol/network/product (or even a competitor) and right time = before they have a token.
Luxury items are for the truly wealthy. Find something that LOOKS super expensive but is a good cost. This is called value. If you don’t have 10 mil in the bank, don’t buy a 30k watch. Buy a 1k watch.
For me: 15% $LOOKS: I think NFTs are here to stay and the future might be in gaming. 15% $LRC: my top layer 2 bet 5% $APE: Some Yuga labs exposure 15% AVAX: i think they are onto something with subnets 10% $DOGE: never underestimate the meme 20% $ETH: the queen 20% $BTC: the king RemindMe! 1 year
Wow, what incredible "Reddit wisdom". Just opened a short on LINK, AAVE, CRV, BAND, LOOKS, BLUR and reported the projects to the police.
Some NFT narrative coins already pump today like OGN and BAKE but thats it. I expect some will follow :) Bought MAGIC LOOKS TVK
So, after thinking about it for months, I finally got in. But now the Liquidity Mining Pool I'm in looks like a scam, but I haven't lost my money yet. BUT WHAT BOTHERS ME THE MOST IS, CRYPTOCURRENCY WAS SET UP TO BE SAFE AND ANONYMOUS, BUT THERE ARE HUNDREDS OF SCAMS OUT THERE, FTX COMPANIES, CRYPTO ADVISORS, BOT PROVIDERS. THESE ARE THE THINGS THAT CAUSE MORE CONCERN THAN ANYTHING ELSE OUT THERE. WHO CAN YOU TRUST, LOOKS LIKE NO ONE!!!
True too, Exactly what happened to me with IMGNAI and LOOKS.
The instant I saw this I thought “wow this LOOKS somewhat legit, well written …” and secondly OBVIOUSLY too good to be true 100% scam bullshit. Hope people are wise enough to not lose it all
I posted this as a reply to OP, but I'll post in a top-level comment in case others don't see it: It sounds like an address poisoning scam. [Read this article](https://mirror.xyz/x-explore.eth/cL3d_CyNujXq8XY7ueP4omNXx_IY1EG5Dz0FD0vJ90M). Did you copy paste an address for you transaction history? If you compare your wallet address with where your crypto ended up, did the addresses look somewhat similar or were they completely different? tl;dr: Bob (victim) sends Sally x amount of crypto. Tom (scammer) sets up a bot to immediately send $0 of the same crypto to Bob's wallet. Tom uses a nifty number generation tool to generate a wallet address that looks very similar to Sally's address. Next time Bob goes to send Sally crypto, he copy-pastes the last address he sees in his transaction history -- it was for $0, but the address looks similar to Sally's address. That must be it!...wrong, this is the scammer inserting a dupe address into your TX history that only LOOKS like Sally's address.
It sounds like an address poisoning scam. [Read this article](https://mirror.xyz/x-explore.eth/cL3d_CyNujXq8XY7ueP4omNXx_IY1EG5Dz0FD0vJ90M). Did you copy paste an address for you transaction history? If you compare your wallet address with where your crypto ended up, did the addresses look somewhat similar or were they completely different? tl;dr: Bob (victim) sends Sally *x* amount of crypto. Tom (scammer) sets up a bot to immediately send $0 of the same crypto to **Bob's** wallet. Tom uses a nifty number generation tool to generate a wallet address that looks very similar to **Sally's** address. Next time Bob goes to send Sally crypto, he copy-pastes the last address he sees in his transaction history -- it was for $0, but the address looks similar to Sally's address. That must be it!...wrong, this is the scammer inserting a dupe address that only LOOKS like Sally's address.
It's the way people talk about money that gets you confused. A lot of the "money" that's supposedly lost are actually just hypothetical values on a spread sheet somewhere. Say you own or print (!) a certain number of X coin, and X coin goes up 10000x. Now on your screen it LOOKS like you have a million dollars. Of course there is no such thing unless you sell for fiat at that moment, which you don't. BUT whales and institutions can take out fiat *loans* and use the hypothetical s\*it coin gain as collateral. So you now have a million of real USD, and the issuer of the fiat loan loses the actual money to you. How can he get it back when he accepted your fake coin as collateral? The above is a very simplified way to look at this but it gets the point across I hope?
CFTC CHAIRMAN SAYS FTX COLLPSE LOOKS LIKE A ‘CLASSIC RUN’ DUE TO A LIQUIDITY CRISIS This is how you know he will get away with it. The powers that be have already decided. [https://twitter.com/Tree\_of\_Alpha/status/1598340027276214274](https://twitter.com/Tree_of_Alpha/status/1598340027276214274) LOL
Imagine being Sam in that company and having to be all like "damn, Caroline Ellison, you fuckin' fine, all sexy with your tight body and horrific droopy dog monster face. I would totally have sex with you, both me CEO and the real me." when all he really wants to do is fuck another anime girl in his bedroom. Like seriously imagine having to be Sam and not only sit in that chair while Caroline Ellison flaunts her disgusting body in front of you, the favorable lighting barely concealing her stretchmarks and leathery skin, and just sit there, transaction after transaction, hour after hour, while she perfected that trading scheme. Not only having to tolerate her monstrous fucking visage but her haughty attitude as everyone on the board tells her she's STILL GOT IT and DAMN, CRYPTO NERD GIRLS LOOKS LIKE THAT?? because they're not the ones who have to sit there and watch her mannish fucking gremlin face contort into types of grimaces you didn't even know existed before that day. You've been fucking nothing but a healthy diet of waifus and questionable omegle teens and later alleged rape victims for your ENTIRE CAREER coming straight out of the boonies in Standford. You've never even seen anything this fucking disgusting before, and now you swear you can taste the sweat that's breaking out on her dimpled stomach as she sucks it in to writhe it suggestively at you, smugly assured that you are enjoying the opportunity to get paid to sit there and revel in her "down-to-earth (for that is what she calls herself)" beauty, the beauty she worked so hard for with diet pills in the previous months. And then the CTO calls for another meeting, and you know you could kill every single person in this room before the company security could put you down, but you sit there and endure, because you're fucking SBF. You're not going to lose your future financial career over this. Just bear it. Hide your face and bear it.
Well, the suit and tie are a silent signal to those that don't have the capacity to make a real evaluation. Sort of like how shitty middle managers want people in the office, even if it is less productive. It LOOKS productive. And those idiots will choose a non-productive sycophant over a productive intellectual every time. There's a body in the seat. That person and gravity have locked that chair to the floor. We're producing!!! Box checked, move on. Oh, he's in a suit. He must be professional and serious. Where the computer guy in the room has nothing to prove and his dress is his own sorting mechanism. He doesn't want to talk to the people that won't talk to him unless he wears a suit. And he's clearly stating I have the power here, so you'll need to overcome your prejudice to benefit from my knowledge. Not specifically talking about SBF, but the behavior you derided, which is common amongst the technically competent.
This guy LOOKS like a pussy
SBF even LOOKS like Mark Karpeles. Holy shit. Once you see it you can’t unsee it.
Considering the market fee is 2% that all goes to LOOKS stakers, and they're just changing the split so that it's 1.5% to stakers and 0.5% as de facto royalties, this way actually leaves less in their pockets (assuming they personally also stake LOOKS).
It really is. There’s an airdrop right now that *looks* legit and a lot of my friends have done it and verified it (Blur) but I’m still not happy about it and haven’t confirmed my wallet yet. It’s just too sketchy to me still…. But it’s worth a solid chunk of change to me right now. Same went for a token named $LOOKS, as well as $OP (which is now on coinbase), both seemed too good to be true. Hell $LOOKS was at $7 a token when it airdropped. Everyone fomo’d after that one.
Radix, LOOKS, Deez Nuts NFT
Copied form ([https://armantheparman.com/withdraw/](https://armantheparman.com/withdraw/)) ​ 6 Resons to Withdraw your coins from exchanges... \#1 – If your coins are on an exchange, you need permission from the exchange to spend them. In your own custody, you can do whatever you want and pay whoever you want, whenever you want, at the fee you want. You will understand this if you’ve ever wanted to move your bitcoin from an exchange, and you were blocked, because you needed to provide more identification documents, or prove your source of income. You may have been blocked because you reached a 24-hour limit of value you are permitted to withdraw. Your funds may have been unavailable due to unscheduled “system maintenance”. It is YOUR bitcoin, and you are in a powerless position. Bitcoin doesn’t actually care who you are or how much you are transacting. You can move 100,000 bitcoin and you’ll be free to do that without any resistance any time of the day, even on Christmas Eve – if the bitcoin was in YOUR possession. \#2 – Your coins might not really be there. What you see is an account, a promise, that if you ask for your bitcoin, they will give it to you. But if the exchange gets hacked, or if the CEO fakes his death and takes the private keys, or if the government steps in, all coins could go bye-bye. Newcomers log into their exchange and see “Balance = 1.0 bitcoin” and they think THAT is their bitcoin. It is not. That is a number on a screen. The bitcoin is on the Bitcoin Blockchain, the ledger. The entity that can move that bitcoin from one address to another, is the entity that has the private key to the address where the bitcoin is. The user does not have the private key, the exchange does! It is THEIR bitcoin. The bitcoin belongs to whoever has the private key. This is crucial to understand, and explained more here. The exchange just has a legal agreement that it belongs to the user, and they show the user his/her balance on their web page, under the user account. The user just has a login name and password. Not a private key. A little sinister trick that blockchain.com employs is a 24-word password to log in to the website. This LOOKS like a bitcoin private key, but it is not. It is just a website-password. Blockchain.com has the private key. This is quite misleading, and confuses beginners as to the true nature of how Bitcoin works. Many exchanges have been hacked, and coins have been stolen from those exchanges, and therefore, users: Mt Gox is the first and most famous. Quadriga CX, a Canadian exchange went bust after the CEO, the only person in the company with access to the private keys (allegedly), died while on a trip to India (body not found, I recall). The users lost all their bitcoin. Cryptopia, an exchange in New Zealand. They got hacked and users lost their funds. Binance. $30 million worth of Bitcoin was stolen, but Binance was wealthy enough to make their users whole. Embarrassingly, the CEO called for a rollback of the Bitcoin Blockchain to recover lost funds, but was laughed out of town. Most recently to my knowledge, the CEO of a Turkish exchange fled the country with $2 Billion worth of Bitcoin. There have been many others that I have not even heard about. There is no way to tell if an exchange really got hacked or if it was an inside job from a rogue employee(s). The bottom line is if they hold your bitcoin, you are trusting them to act honestly, and safely. You might not trust yourself with self-custody. That is understandable. It is your responsibility then to find a company you can trust, or educate yourself to self custody. Most early Bitcoiners will have a lot of bitcoin, relatively speaking. They must step up and look after their coins. The ones that come into Bitcoin last will have the least coin, and possibly be the laziest. They can store small change on exchanges and it won’t matter too much. But you, you are early, you must take responsibility. All the information is available online and free. \#3 – If coins are left on the exchange, they can engage in fractional reserve lending, inflating the supply of bitcoin. If there is a mass withdrawal by the public (Jan 3 – proof of keys day), exchanges can (and have) gone bust, because they don’t have the coins that were promised. Coins go bye-bye. Fractional reserve is the fraudulent practice (common and legal in banking) for accepting a deposit, and then lending it out, BUT, the depositor is given the illusion that his/her money is still available. If one bitcoin is deposited, and then it is loaned out, the depositor should not have access – similar to a term deposit. This would be full reserve, or 1-to-1 banking. If the depositor requests their funds, then what is given is another depositor’s funds instead, and no one is hurt. But if many people want their funds at once, then the obligations can not be fulfilled. This practice not only inflates the supply of money, but is a systemic risk. By withdrawing your coins, you eliminate the risk to you of a Bitcoin “bank” run. Trace Mayer, a once loved Bitcoiner who popularised the notion of “network effects” of Bitcoin, now fallen from grace for pushing a scamcoin, started “Proof-of-Keys” Day, on the anniversary of the first Bitcoin block, January 3. It started a movement where Bitcoin users celebrate by withdrawing all their coins from exchanges all at the same time, putting stress on the system, to keep them honest. One exchange fell to this (I forgot which). \#4 – One day governments may outlaw withdrawals to private wallets, and your coins will be stuck, and not valuable. The real Bitcoin Economy (the 15 million coins OUTSIDE exchanges) will be part of the peer-2-peer market, and coins inside exchanges will be useless. I am fully expecting governments to make it extremely difficult, or outright ban, coins from leaving exchanges into private wallets. We will fight back, no doubt, and the effort by governments will be futile. Most of the bitcoins are not on exchanges. Most have been mined. My estimate is about 2 million coins of the 18.5 million mined are on exchanges. Bitcoin’s future is a peer-to-peer money, with most payments made by Lightning. Coins on an exchange can not serve this function. Exchange coins will always have a middle man, that you will require permission from to make payments. Coins stuck on the exchange due to laws, can not be used as Bitcoin is intended, and they will be less valuable. If I am to offer a service, and charge bitcoin, I will ONLY accept real bitcoin to my private wallet. I would not take payment with trapped bitcoin from an exchange to my own exchange wallet – and I will not be alone. Therefore, there will emerge a price difference between the two types of bitcoins. I don’t think this futile attack is likely to happen, but it is a risk. It’s better to be on the favourable side. ​ CONTINUED...
I got around $10k in $LOOKS and other airdrops just cause traded on OpenSea. Besides that, quite a lot of airdrops from NFT projects in Cardano by holding some "exclusive" NFTs.
Staking XRD with their native wallet at around 10% APR. And LOOKS on Looksrare at around 40% APR.
He even LOOKS like an imposter, a cheat who saw a chance, because the real Satoshi will never be known, and tried to take his position.
$LOOKS. I still think it's a better nft marketplace but not many people trading nfts at the moment so my staking is slow growth too.
Bitcoin Maxis are so fucking annoying about this lmao. "IF ANYBODY IS INVOLVED AT ANY KEVEL WHASOEVER TO A PROJECT IT CANNOT SUCCEED. IF A PERSON EVEN LOOKS AT CODE THE PROJECT IS A SCAM. A BOOMER MUST CREATE THE COIN AND THEN LEAVE IT UNTIUCHED FOREVER." Yo bozo, have you already forgotten about Bitcoin cash and lightning network?
How about LooksRare? I'm staking LOOKS so I hope it picks up again
Staking LOOKS. It‘s a decentralized NFT trading platform that gives 100% of the fees to stakers.
Selling most of my ETH for $LOOKS.
Right now it's really mainly high value NFTs traded on Looksrare. Let's hope this changes over time and the general public catches up. Still don't understand why they prefer a centralized Opensea that showed time and time again it doesn't care about their users. Each trade would save them fees (2% LR 2.5% OS) and give them additional LOOKS.
Hard to predict. Contrary to Opensea Looksrare really listens to their users and integrated a lot of cool features. I certainly prefer the UI. Trading and listing on their platform gives revenue in form of LOOKS. But people still seem hesitant to use a "new" platform. The main reason seems to me that they think their listings will not be seen by as many and it may be more difficult to sell their NFT. That's why aggregators can really change the game.
Do ordinary investors really understand what they are investing in? Yeah, you can get normal people to buy your token, but that has no bearing what a security is. I feel a alot of people in the cryptospace tend to have a hate boner for the SEC and that colors their opinion. They are thinking in terms of my team vs their team. The SEC lawsuit against ripple is fair. It is incredibly shady to premine every token then sell it to finance your operations while promising that banks will use your network and increase the price of your token. That LOOKS like ripple is trying to be slick and avoid security laws.
Is LOOKS or DENT a better nvestment?
One good thing about ETH price tanking is that I get to reach my minipool goal and have more dry powder stacked to deploy than I planned. I've been thinking about slowly accumulating few projects for the next 1-2 years, replacing my Stables with ETH rewards once withdrawals unlocked and taking profits as they come. Here are my picks: * RPL (Reach 150% collateral) * CRV * COMP * MATIC * SNX * LOOKS or X2Y2 I'll keep my eyes on GMX, CAP, P2E and P2M projects in the meantime. what do you think of this plan?
BTC, ETH, LOOKS, CEL [are all trending cryptos by social influence](https://swaggystocks.com/dashboard/crypto/best-cryptos).
But you don't know. That's the point of DCA. You DON'T know. You can speculate, but then you don't DCA. You can SAY you know because it LOOKS like it, but you are still just speculating. You obviously don't understand the concept. With DCA you just keep putting in regularly even as it dips, thus you are averaging out the cost of the asset against when you bought at higher prices. If you stop DCAing because the price is going lower then you are losing the benefit of DCA. The only way you lose money is if the market NEVER recovers.
Just double checked coinmarketcap, Google, crypto.com, yahoo finance, Coingecko says otherwise flatly - has it at 1usd since de-peg. Coindesk has it just regaining peg today if I'm understanding their chart. Coinbase also indicates $1 since de-peg - but actually their one year chart line LOOKS like it accounts for the failure to repeg, even though it indicates 1$ when you highlight those areas.
Hey hey heyyyyyyyyyyyy Hey hey heyyyyyyyyyyyy WASAWASAWASAWASAWASAWASAWASAWASAWASAWASAWASAWASAWASAWASAWASAWASAWA WHAT UP R/CC!!!!!! HAHAHAHAHAHAHAHHAAHHAHAHAHAHAHAH WE ARE COMING AND WE ARE COMING IN WAVES THE WORLD IS NOT THE WAY IT USED RO BE ANYMORE I AM NOT FINANCIALLY INDEPENDENTLY I STARTED ONE MONTH AGO WITH THIRTY FIVE HUNDRED DOLLARS AND NOW I HAVE ZERO DOLLARS WHAT UP? EVEN MY WIFE DOESN’T BELIEVE ME. SHE SAYS - THASA SCAM!! SO I GO TO THE BANK, WITHDRAWAL MY BITCOINS AND LAY THEM ON, YOU KNOW, HER TABLE AND SHE STILL LOOKS AT ME AND SAYS THASA SCAM!!!! WHAT???? WUUUDDDAAAMMMIIIIGGUUUUNNNAAAA DDDOOO???? HHAAHHAHAHAHAHAHAHAHAHHA
Heyyy heyyyy heyyyyyyyyy wasawasawasawasawasa wasawasawasawasawasa WHAT UP R/ccccccrrrrrryyyyyyyyyyyypppppppppttttttttooooooooccccccuuuuuuuurrrrrrrrrreeeeeeennnnnnnccccccyyyyyy We are coming and we are coming in waves. The world is not the way it used to be anymore. I am not financially independently. EVEN MY WIFE DOESN’T BELIEVE ME. SHE SAYS - THATSA SCAM! SO I HAVE TO GO TO THE BANK AND WITHDRAWAL MY LUNNNA CLASSICS AND YOU KNOW, LAY THEM DOWN ON HER, YOU KNOW, HER TABLE AND SHE STILL LOOKS AT ME AND SAYS THATSA SCAM! WUUUUUUDDDDDAAAAAMMMMMIIIIIIGGGGGGGUUUUUUNNNNNNAAAAAAAADOOOOO?????
I should probably have check looksrare before, as I understood the platform fees you mentioned were regular transaction fees. After checking, I do agree, it tries to separate consumers and investors. It seems investors own LOOKS, while consumers pay with wETH and those payments are shared with the LOOKS owner. That being said, there are still problems with this model (which is by far not how most cryptocurrencies work). By becoming a way to share platform revenue with token holders, this clearly becomes a security under the Howey Test. LOOKS really, really, really look like stock, but without the protections you get if it were a stock.
YOU GUYS NEED TO LEARN TO TAKE PROFIT ​ RIGHT NOW IT LOOKS LIKE WHALES ARE SHORTING CRYPTO ​ yesterday I took profit because I had a feeling it might GO DOWN **AGAIN** and guess what I was right
Yeah I di get the feeling, just from the price action alone that the price is being suppressed. Honestly the price LOOKS like it wants to explode, and hard. We shall see
Binance announced new token bridges today: https://www.binance.com/en/support/announcement/a418a7e990a04b3288bb495dd44558d5 Out of the mentioned tokens, only LOOKS and ELON aren't listed for trading yet. A sign of what's to come maybe?
Yes, over the course of two years. The main deal are the trading fees. Instead of going to a corporation like Opensea or Coinbase they will be distributed to LOOKS stakers.
LOOKS token will inflate by 400% before its all distributed.
Ethereum isn't hyperinflationary. The trading fees on the platform get distributed and those are in Ethereum. You also gain LOOKS though but Inflation will go significantly down with a fix schedule.
Looksrare. 100% of the trading fees on the platform get distributed to LOOKS stakers. Currently 170% APY. Since it's the main decentralized NFT market the growth potential is insane.
Lol nobody is having trouble explaining why they think it’s a scam, you’re just not capable of hearing them. CRYPTO LOOKS LIKE A PONZI SCHEME 100% to the vast majority of people. If you honestly can’t see why, you’re wildly incapable of objectivity and should not be in the crypto game. It’s fine to disagree, or even agree and do it anyway. But if you honestly don’t see why people think crypto or at least NFTs are a big scam, you’re willfully blind.
My suggestion for passive income, staking LOOKS on the Looksrare platform. It's a decentralized NFT marketplace that gives 100% of the fees back to stakers. Since NFTs as digital brands and start ups are only at the beginning this can be massive. Current APY is 170% You can chose wether you get the rewards in WETH and LOOKS or LOOKS only.
Huh bro? Literally when I typed "BNAX" on google the first word it showed was SCAM next to it IT LOOKS LIKE A FISH .........IT SMEELS LIKE A FISH........GUESS WHAT? IT IS A FKING FISH!🤣
There are plenty of partnerships with big players in the NFT space like BAYC, Crypto Punks, Doge Pound etc. Nothing suspicious about that platform, Coinbase just wants a piece of the cake. So far the features are sub industry standard and their comment option opened the door for a lot of abuse. Since there are only 1.6 million people who traded on Opensea and Coinbase NFT has a waiting list of over 5 million we will certainly see a significant user influx. Coinbase NFT and Opensea are fully centralized with the earnings going to the corporations. Looksrare on the other hand is community driven and gives 100% of the platform fees back to LOOKS stakers. It has the best UI and is slowly gaining users from Opensea.
Coinbase is good for onboarding new people into the NFT space but Looksrare is the industry standard right now. 100% of platform fees get distributed to LOOKS stakers. Buyers and sellers receive LOOKS. Aggregators like [gem.xyz](https://gem.xyz) will help decentralized platforms like Looksrare to further take market share from Opensea.
Nice that people can reach the NFT market now more conveniently. On the other hand I hope they will also notice and use decentralized alternatives like Looksrare. Opensea and Coinbase just puts the platform fees in their pocket. Looksrare distributes 100% of the platform fees to LOOKS stakers.
Do you only stake LOOKS or also invest in NFTs? I always wondered if investors that just came for the LOOKS would also get themselves an NFT.
Radix, the only Layer 1 with unlimited scalability and atomic composability. Dan the founder already runs a decentralized Twitter and 4k streaming tech demo entirely on chain in their research network. Looksrare, an NFT platform with 100% of trading fees going to LOOKS stakers. Better features and UI than opensea.
LOOKS new compound staking is genius and has created a perpetual pumping machine. The ETH rewards you earn can now be auto-converted into more LOOKS creating constant buy pressure. Combine that with deeply negative funding due to a record amount of short positions from being going delta-neutral on their stake & you have the ingredients for a huge pump if the market holds up. Oh yeah and OpenSea just keep fucking up in every way possible.
No idea what LOOKS is but thank you for the massive gains.
Well one things for sure, $AVAX LOOKS PRIMED FOR ANOTHER LEG UP.
Says 2 altcoins yet lists 5, 3 most likely being paid shills. The pseudonymous trader known as Altcoin Sherpa tells his 169,400 Twitter followers that he’s eyeing potential gains for smart contract platform Terra (LUNA), the non-fungible token (NFT) marketplace LooksRare (LOOKS), and multi-chain liquidity hub Kyber Network Crystal (KNC). The trader says he’s also looking at cross-chain liquidity network THORChain (Rune), blockchain-based game Axie Infinity (AXS), and layer-1 blockchain protocol Solana.
Looks really has a wonderful marketing team. With such partnerships, campaigns, influencers they did a lot in a short term. This short term price bounce really was shouting that $LOOKS will take correction and here we are.
Post is by: KarimCfc and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/t3lddt/what_do_you_think_will_happen_to_looksrare/ So, I am relatively new to crypto (circa 4 months) and my biggest bag is in LOOKS. My crypto journey started with NFTs and it took off from there. OpenSea was a platform I highly disliked as I still believe it is against everything Web3 stands for. Looks came and I was instantly sold. From their vampire attack, all the way to being an NFT marketplace for the people. We're all aware of how far it is crashing now after the rewards reduction and wash trading implications. I still believe in the team and their vision, but I am curious to know what others think about this *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Damn $LOOKS really got cooked. Hell of a ride. But seriously, who cooked the LOOKS?
Ummmm 2 months... which is why I'm stating it *LOOKS* like we *MIGHT* be getting into a winter. Not sure how this is so hard to comprehend?
Great post by Cobie about incentive structures . Interesting read and helps understand those distribution charts in white papers . yes some of us do read them. Understand them is another thing entirely . Good info on $LOOKS in there as well https://cobie.substack.com/p/incentives-structures?token=eyJ1c2VyX2lkIjo0NjM3NTQ2MywicG9zdF9pZCI6NDg3NDU0OTksIl8iOiJ1V1BHdCIsImlhdCI6MTY0NTI1NjA4OSwiZXhwIjoxNjQ1MjU5Njg5LCJpc3MiOiJwdWItNzQ3NDQiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.SJQ2hChEo_VgTh7q28XnxO31mMkqZ-g7jBD6kA8jjIo&utm_source=url
The guy who did that LOOKS like someone who would lmao
Even if you're not hodling it's all about perspective. I saw 0.0044 btc and I thought "that's like 44 Bitcoin cents!" because of the decimal point. It LOOKS a lot cheaper compared to $200, even if it's the same value. I'd rather spend 44 thousandths of a Bitcoin than 200 dollars!
tldr; NFT marketplace LooksRare launched in January and quickly overtook NFT marketplace OpenSea to become the market leader. The looksRare team targeted OpenSea users who had traded at least 3 ETH worth of NFTs over the prior six months and airdroped them LOOKS tokens. LooksRare charges a 2% fee for every sale (vs. 2.5% on OpenSea), and staking (locking LOOKS into a smart contract) entitles stakers to *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
LooksRare $LOOKS. A competitor to opensea. Each token is a share in the revenue that the NFT marketplace makes. The rewards are high at the moment due to wash trading which is profitable due to the reward structure, but my belief is that they do have a chance to take on Opensea. ALL fees for trading are rewarded back to Stakers of the LOOKS token. It's basically a decentralized stock and I think it's cool af.
I have no interest in buying NFTs but boy are the LOOKS staking rewards juicy. Thankyou NFT people.
I'm just joking. As you would expect it depends upon the project. I've been staking looksrare.org/rewards in return on equity is roughly 26% in 18 days. That's staking the $LOOKS token and rewards in WETH as well. Estimated APR at the moment is 608.70%.
Look into marketplace tokens and second layer solutions. [LooksRare.org](https://LooksRare.org) $LOOKS token, Loopring/LRC and Immutable X token
Check out $LOOKS, an up and comer that's going to eat opensea's lunch. It has incentivized NFT trading currently, and good staking yields. The liquidity and volume is really strong for a uniswap pair, it's in the dext top 5 most days. You can swing trade it pretty predictably, and there's no token tax.
This makes me bullish on LOOKS
this guy LOOKS like a scum bag...
I just convinced myself to sell all my LOOKS tokens on this logic a few minutes ago. It hurts because I feel like it had a chance to moon, but I understand the wETH rewards are drying up soon and it is, alas, a shitcoin.
32 ETH (85k$) for 1.5 ETH a year. 3000 LOOKS (17k) to make 2 ETH a month. Staking for ETH2 is definitely commendable and secures the chain, but returns are not even close to whats possible for passive income.