New crypto futures market dapp called Pyrmex tonight! The site describes itself as:
>allowing people to predict what the balance of the EthPhoenix.io smart contract will be at a specific future time. This project is currently live on the Ethereum Main Network. Futures settle once daily, at 5:00am GMT. After much discussion, it was determined that 5am GMT maximizes the number of participants who can be awake and view settlement each day worldwide >pyrmex.com
Its a daily futures markets that has established a tidal ecosystem with another smart contract called ethphoenix. These two contracts help perpetuate each other and done totally separate and outside from any market other than eth, which its based on. It is able to self sustain already and can handle any volume while remaining fundamentally sound. Whales can drop huge numbers and the ethphoenix contract was designed to handle that.
Whats ethphoneix.io? >Every time somebody buys or sells an EthPhoenix token, the price changes - 0.2% higher upon buy, 0.2% lower upon sell. If you keep your tokens where they are, you receive 10% from every buy OR sell transaction based upon your current share of tokens. You can convert your current token stash into Ether where it will sit in your dividends pool - your dividends are stored in ETH, not in tokens, so their value remains stable (as long as the ETH price itself remains stable.)
The more EPX one holds, the large amount of the dividends they receive. All tokens are valued equally, so you can have 100 coins across 100 wallets if you would like without sacrificing any value; allowing you to partial sell
>Then what happens? Once the betting stops on pyrmex.com, the leverages(price multipliers) are locked. Leverage over 50x is common. After betting stops, there is an hour before settlement thus encouraging users to manipulate the ethphoenix market. People flock over to ethphoenix.io to buy/sell in order manipulate the market in their favor, all the while earning mad dividends for token holders and the number of transactions explodes.
This eth cow creates dividends out of volatility for token holders, and there is nothing more volatile than a daily futures market running 24/7. I see users have returned night after night too. Its pretty fun.
Juan Sanchez
repost from last night. Thanks for winnings fags. 0.25 cost spread over 3 scenarios.
Bubbeh is so happy with all the shekels I'm making from you.
Luke Brooks
Oh Geez.... We are **already** at 2.6ETH 6 hours out?
Wasn't that the total at the close yesterday?
Tonight's pot could be huge...
Justin Cooper
0.35* Bubbeh is making my coffee now
Elijah Howard
Looks like coinsmarkets Scam
Aiden Rodriguez
Ok, throw me a bone here. Who has thought this through?
What's a good strategy and what's a bad strategy if I don't have the ability to move the market by myself (no pile of ETH to buy in, and no big bags to sell)
Is it just a gamble, or is there a logic here? Help a willing gambler out...
Dylan Collins
> posses multiple ethphoenix accounts > varying balances > have spare eth and don't be a poorfag > place your main bets on the opposite side of the rest of the market, hedge wherever you please >place bets using accounts that are unlinked to EPY token ownership so your bets don't arouse suspicion in discord chat >manipulate market up or down depending on your bet by buying or selling in the last minute of settlement. >use high gas. don't get cucked. >make shekel
Ryder Clark
I've had good success hedging equal bets on minibear and minibull, they usually end up at 2.x multipliers.
You probably won't make a lot, and you won't make anything if HUGE manipulation comes through, but we have yet to see one single person move this more than 2 ETH after bets close
Fuck off 3D fag, you mad that nobody is making games for your token? >Norsefire and Tocsick audit PoWH3D, not a scam >Norsefire and Tocsick audit Pyrmex, scam Fuck off, these devs are literally the only reason anyone has bought your shitty relaunch. also >futures are a scam 100% retarded
Also you guys can check out the historical payouts here - it's on a different page because this is the second day of a new contract with tighter bands. Should be more fun and easier to manipulate
Nicholas Harris
can confirm it works. get in faggots
Ethan Anderson
pyrmex.com/history.html Then here is the history for the CURRENT, smaller bands contract. Pot is much bigger than the last versions, and today's pot already is as well with 4.5 hours left to bet
Ayden James
Look at the volume this new contract has brought in only 1 day, and a monday - tuesday at that!
whose ready for this to last forever? I am! because it physically cant be stopped now that its started.
Adam Wilson
Averaged out I'm making returns of around 1.5x every day (can't win them all huge)
Pays for the price of pumping and dumping EPX! (20% with no assumed volume or dividends)
Adrian Bennett
Since we are talking about ethphoenix.io...it might be a good time to mention it was listed in the top 10 dapps out on the market right now and eligible to receive grant money from skelly man himself.
Buterin said >I'm announcing that 100% of my OmiseGo + Kyber Network advisor shares will be either donated to charity (AMF, GiveD, SENS etc) or used to privately fund Ethereum second-layer infrastructure (state channels, multisig wallets etc) or some combination of the two.
you will see it listed as ethpyramid.io but ethphoenix.io points to the same contract; one div snek with two heads.
Ok, I found the list of today's bidders listed under the current bet totals. I like the links are clickable back to Etherscan.
I\s there anyway, I can follow an account back to an EthPyramid account and see if they hold EPX Tokens or not? I am looking at a couple of bets, and trying to figure out if they have the ability to dump to make their bet come true...
Sebastian Long
I just love the minibull TRUE BELIEVERS just can’t fucking quit. They lose literally every day, and yet it’s always the most bet pool. Morons
Cooper Flores
2.672 ETH in the pot, the lowest multiplier is at 2.38x and the highest is currently 32.89x
Minibear, where the contract currently is, is at a healthy 4.53x
Liam Lewis
You can but it's a little difficult thanks to the uint256 data type. If you go to "read smart contract" then enter that address in the proper field, you'll be returned a uint256 value respresenting the number of tokens they have.
Someone recently brought up that this is a pain in the ass, so sooner than later, the main page of EPX will have a tool for this which will return a more readable number.
Since EPX is not fully ERC20 compliant, there is unfortunately no way to just check the address without interacting with the contract in some way.
Brayden Peterson
this is "read smart contract" on the etherscan page for EPX btw, not pyrmex
If you can figure out how to convert the uint256 value (I'm too retarded) you can see the balance of any address bought into EPX.
Again soon this information will be more easily accessible, the devs realize that snooping for information is part of the fun of this game
Justin Flores
Yeah but HAS IT EVER GONE BULL? Maybe one time? — the underlying is a failing pyramid scheme. They can’t save their precious pyramid so they just bet bull every day trying make it true by wishing. I’ve fleeced these idiots four times now
Ryder Cooper
Alternatively go to the EPX etherscan and search through there to find the matching address. However, if they're smart, they'll use a seperate address to bet that has never interacted with the EPX contract.
Austin Wood
Dude, also, if someone’s planning to Pump rather than Dump you really have no way of knowing
Colton Baker
>failing pyramid
oh, you mean powhcoin? Hows that stagnate pos doing? How does their futures market compare to this one? weak tea, boy. youre weak tea.
Juan Reed
Don’t. Call. Me. Weak. Tea. Mantso’s got a new UI coming out idiot. He doesn’t want people shilling ‘til it’s done. At least PoWH isn’t some cheap knockoff of a better idea
Samuel Young
Ok, I get all that, but what's a smart, conservative strategy then? Are you all just betting on blind faith, or do you have a logic?
I mean I saw 15 guys go 3:1 last night, and I'd like to have some of that sweet action - just trying to not be obviously stupid when I put ETH in tonight...
Aiden Diaz
Seems to me the best strat is bet minibull and minibear right when it opens so there's no vig.
Carter Martin
Please avօiԁ aոy ΕTH prօmօtiօոs. I will hօwever share my leftօver BTC with my fօllօwers.
yea, has powh coin ever gone over 400 eth? Nope. Thats a pretty big let down from something that got near a million dollars in a couple hours the first two times. Better hope your turd looks really good! Best of luck.
On a personal note, You are welcome to short EPX if you can put your money where you mouth is... but you and i both know weak tea cant even.
Josiah Thompson
It's only landed on minibear twice, so if you've won 4 times, you've bet on bull user.
IDK why people try to FUD EPX in pyrmex threads, these contracts don't move money between them unless you decide to yourself, and was made by the community
Instead of FUDing, you have nothing to lose by shorting the futures lol
Jonathan Ortiz
Dumbest bet in the world would be minibull right now. They’ll either overpump or under pump. Bet minibear and hedge with something small in superbull and watch these guys eat it again
Jason Butler
Yeah I place some safe hedges in the 3 hours of 0% vig, then it takes some math and blind faith to place the rest - blind faith increasing as time goes on and the vig rises.
Last night we saw an address load up 12 ETH right after bets closed. Then he dumped 1.75 ETH into EPX. It was a bluff, he didn't dump in the full 12, but WEW. Almost lost my bear pot.
Jack Torres
>if i just scream and wave my arms maybe someone will take me seriously
Juan Cox
>POT SIZE 2.771 T-MINUS 5 HOURS
3 hours until vig goes up 5% hang onto your buts
Kayden Lee
Look, I’m sorry but one of us has been profiting daily off your shitty pyramid and not by buying into it. How’s your “investment” in that doing btw?
Ryder Howard
Superbull in 4:54
Gabriel Ortiz
Sorry, do you have a point? I'd seriously like to learn from those that have thought this through and why are you even posting?
Go play Xbox.
William Perry
Lol, right, “let me just go scrounge up 5eth to make that happen” you guys don’t understand anything about markets
Christian Brooks
>I've won on bear 4 times >bear has only hit twice >this is not a "buy EPX thread", this is a Pyrmex thread
What are you trying to accomplish? You're clearly from 3D but don't even have the hand strength to short the competition?
I guess I'll check the balances for you PoWH: 244 ETH EPX: 249 ETH Apparently it's going better than yours, user
Zachary Fisher
>one of us has been profiting daily
ya and the other is profiting more. I love when your cocky asshole is showing. It reminds be just how butt hurt you must be in order to fud an open source project like this. Keep it up!
Jose Morris
I’m sorry, I can’t hear you. The sound’s muffled by all those bags your holding. I’m trying to teach people how to profit off your little toy here.
Nathan Robinson
MFW my EPX investment could drop 40% and I would still be in the black thanks to pyrmex winnings
YFW PoWH has no games
Ryan Ramirez
>NAH NAH NAH IM NOT LISTENING TO YOU
your arguments are as weak as your hands. Your wrist are even weaker. I bet i can hold a shit longer than you can hold a coin.
Gavin Kelly
Powh has fucking masternodes. We had ducking YouTube shillers and will again once Mantso says go
John Harris
your superiority complex is showing. Its time to stop posting but i know you cant at this point.
Alexander Kelly
We're trying to discuss strategies with and you're just shitposting and lying about your bets. Pathetic.
Jayden Wright
I made so much off PoWH already it could literally go to zero I wouldn’t care—folks are going to be buying PoWH as part of their 401ks one day. GL with your little project tho boy
Liam Ortiz
Feel free to join the discord user, strategy-talk is abundant here especially as settlement draws near. Trying to keep discussion public for people to see, however.
I don't know who your mansto god is, but it seems like you are trying to promote a product that doesn't even exist yet - good luck to you, but stop cluttering this channel with irrelevancies.
k? thx, bye
Oliver Cook
Look ALL I’M SAYING is minibull is retarded — these EPX guys bet it every day and every day they’re wrong
Ian Davis
We know, Mantso / Ponzi / Sumpunk, you already dumped. Congratulations, it only took you 2 million of hacked money to finally see profits.
John Hernandez
buying into 7% div scheme instead of 10%... k brah
Jack Flores
>minibull has won every time except twice never change, PoWH
Jeremiah Green
Yeah POWH rewards EFFORT idiot
Dominic Moore
so why not just get a regular job you wagecuck
Ayden Sullivan
EPX = lazy chicks who think their toy will save them
POWH = the future literally
Dylan Ward
Yeah, for YOU, everyone else gets 7% because node purchases take a flat 3%.
Also he cant make his own thread because they all got banned for posting ref links - which make their scheme 100% illegal, kek
Isaiah Cox
the future in jail kek
Owen James
Xbox actually a very good strat for pyrmex. For example: If you hold EPX tokens from ethphoenix.io, you dont have to do anything...you can play xbox and make interest passively. thats why this is awesome.
or
you can hedge you bets in the beginning( betting on several pool or all) and sit back and take the win everyday.
youll make money ignoring this because others cant. Just look at that ass blasted weak tea, limp wristed neet who came here just to shitpost
Andrew Lewis
Just no you’re wrong. I’m in law school ok, so stfu
Angel Murphy
Where are your buddies, user?
Anyway, pots about to break 2.8 ETH guys.
3 Hours and 40 Minutes remain to place bets.
Joseph Jackson
big if true
Lucas Allen
>just no you're wrong >no
i believe its know. Did they teach you to spell at law school? keep posting buddy your almost there!
Bentley Ward
Whatever, I paid for my books this semester shorting your pyramid. How does that feel? Hahaha
Landon Hernandez
feels good. glad it worked for you. In fact thats a great idea, hey thanks!
NEED MONEY FOR SCHOOL BOOKS KIDS? Just ask this guy how profitable it was for him! Come play again!
btw, whats your argument at this point? just pointing and crying?
Jaxon Morris
>buying books >being this retarded
Aiden Wilson
...
Jose Turner
Call me retarded, I am good with that - as long as the reason you are saying that is I am making money betting on a pyramid scheme.
O.M.G. My long-dead mother would either be horrified or proud that I am actually betting on the up and down of a pyramid scheme. I am not sure which!
Lucas Hill
We're all happy Pyrmex has worked for you, it's not an exit scam like the previous iterations of PoWH so it's doing what it should be doing?
Aaron Powell
You all are going to try to convince people to bet bull because you REALLY BELIEVE and I’m just the better angle saying “don’t listen, they’re morons”
Jason Nguyen
Previous versions of PoWH weren’t scams. It was EPX that copied US
Hudson Evans
I've been telling you to bet bear if you want, that is your prerogative. Nobody has "told anyone" to bet anything in this thread. Why are you like this?
Kevin Davis
>copied you mean "fixed", the word you are looking for it "fixed"
And then the EPX devs audited your new one out of civic duty to make sure you weren't going to exit with another 2 million dollars
Blake Evans
You EthPyramid guys are all such self righteous cucklords. “And then you saved a starving child in Africa” — bullshit saintliness from a bunch of scammers. At least I make mad $$$ of your little toy
Jack Nelson
>18 post from this ID
relax dude, its just a game.
Justin Reyes
Do you think we are happy we had to spend time out of developing our own project to make sure yours actually worked for the third time?
MFW tocsick dumped his 3D at ATH, and put it back into EPX
What's funny is Mantso / Ponzi won't deny that EPX devs audited them - they literally can't, because those devs ETH addresses are hardcoded into the contract as ambassadors.
You gotta be kidding. Now ya’ll are pumping you PyrMex thing too? What’s that reek? Oh it’s desperation?
Lincoln Cruz
>pyrmex rapes powh balance >you're getting JUSTed >even divvies can't cheer you up anymore should I just fomo into epx now?
Jacob Johnson
You can't "pump" pure gambling, user. Pyrmex is not a pyramid.
What's that? Your lead dev wants US to work with HIM because nobody in 3D has any real coding experience?
Dominic Thompson
I can say with confidence the project won't be dead after / if Pyrmex stagnates ... but that is all I'm at liberty to say.
Jaxson Clark
Holy shit, this thing could go to 5eth tonight
Colton Ward
2.942 ETH in the pot, bois
Kevin Gomez
Im gona buy in now for first time.Which one shud i choose?
Gabriel Ortiz
You all begged mantso to let you audit PowH 3D is what I heard because you knew it would blow up unlike your own project. Lulz
Evan Russell
referring to pyrmex or pyramids in general? My response is obviously biased as an EPX holder, but EPX undeniably has more product.
If you mean pyrmex, it's "looking" like first bear, but I see some addresses moving money around, possibly to manipulate. Anyone's bet really.
Brandon Long
that doesn't even make sense user. tocsick and norse were invited publicly to audit the code. Go ask mantso yourself. I will wait.
Michael Jackson
Looking at the current bets.... about 3% of bettors think there will be a massive dump about 14% think someone is going to blow out the top limit.
But the biggest bet (41% of people) is those that think ~.5ETH will be added to make the final number be just slightly above par...
Now, what to bet?
Isaac Hernandez
I might buy futures first to test and if i win money I will buy contract. I want to spend just 5 ETH first as a test. do you think I should bet on one futures window or on a few
Joseph Sullivan
Bet against these cuks, they’re all bulls, they’re gonna say bet bill, don’t
Samuel Young
...
Robert Morris
My best advice is minibull / minibear only because they are the only ones to have won so far - but there is a full hour after bets close for participants to manipulate, I would feel wrong to explicitly suggest a bet.
If you're seriously going to drop 5 ETH into pyrmex, wait until the next round so you can place some hedged bets with the 0% vigorish. Hedging has always worked for me **so far**
The vigorish increases as the day goes on, right now it's at 10%. This creates incentive for big bettors to bet a little earlier, creating more frenzy than if they waited for the last second.
Keep in mind big bets skew multipliers. You'd sweep the board with a winning 5 ETH bet, but you'd make a higher potential multplier winning on a smaller bet, with less risk
And the contracts themselves are not linked, so it's safe to buy EPX regardless of what's happening with pyrmex, exciting pyrmex days just give you more dividends than "boring" pyrmex days
Landon Mitchell
You can run the table on these guys be betting the mid-range bear. Guarantee it’s going there tonight. I’m all in on it
Evan Robinson
>being this retarded
The absolute state of powhcoin.com people. You are disrespecting the devs on both themselves with your retardation. Eat your words and leave when this gets over 3+ eth, faglord.
Blake Ramirez
That would certainly be an upset! Mid-bear has a 7.257x multiplier currently!