Month: May 2022

A new way to Profit – Buy 2 Shiba Inu NFTs and sell their puppy a year later

Pascal made a somewhat interesting announcement, although there was lots of information missing from it.

To put it short, you can now buy Shiba Inu NFTs, and if you get two of them, they will start making puppies every 360 days (which can be sped up by buying blue pills), and there is even buy guarantee for the puppies.

This is a pretty interesting concept in making cryptos more friendly to non-Crypto people.

It is not told exactly how this earning logic works underneath the hood, but I suppose this is basically just an abstraction of something real happening under the hood.

Like non-abstract version is that you can mine some coins, or even rent some power to mine XBTX coins.

A slight abstraction however happens at Bitdodaro Turkey for example, where you are simply told that by putting x amount of XBTX here, you will get x-percentage of interest every month.

Naturally, these x amounts of XBTX will be used to make more coins in some way in Bitdorado, and although we are not told exactly how it is done, it is anyway somewhat figurable still by this model.

But now these Shiba Inu NFTs take the abstraction to a whole new level. There is no clue as to how these XBTX become more XBTX, but from the customer’s point of view, it is extremely simple to figure out.

You buy NFT papa and NFT mama doggie, and then, 360 days later, there will be a new NFT puppy existing. That’s easy enough, for give enough time for Papa and Mama doggies, and they will make Puppy doggies in real life too.

Another 360 days later, and you will have another NFT Puppy, and now you will have a Brother and a Sister puppy.

And yet another 360 days later, Brother and Sister puppy will -Ew..- make another Puppy dog, in addition to another one from Papa and Mama Dog as well.

And still another 360 days and Papa and Mama Dogs’ newest Puppy and Brother and Sister Puppies’ first Puppy will make another inbred abomination of an NFT Puppy.

And that’s how it goes until your XBTX NFT wallet is filled with a kennel of inbred hillbilly NFT doggies.

Quite brilliant, although a bit disturbing too.

As earlier mentioned, in the announcement it was told that these puppies are guaranteed to be bought by the company, which basically means that You buy two NFT Shiba Inus for 250 each, and then a year later you can sell your puppy for 250 to the company. Nothing is better than owning your own meat factory!

And in a real industry fashion, you can use science to breed faster by throwing your dogs some blue pills, which cost 150 each and will halve the production time of a new NFT puppy.

There was also a mention that to be able to give your NFT doggies to other users, they will need to have doghouses and stuff. Which is yet another interesting abstraction and easy to understand. If you don’t have a doghouse, then where else could you put your doggies unless directly to a plate, and usually people are not happy to sell their doggies to your plates. Hence getting dog meat without doghouses is not doable.

The real question for many people however is, whether it is worth getting these Shiba Inu NFTs for profit making, and that is a bit difficult to answer with the beginning mentioned missing information.

The most important question is, will the price stay the same, and in EURos or XBTXs or what. As in, is my previous example right in that I can buy two dogs for 500, and then a year later sell their puppy for 250? There is no mention if the price will stay the same or perhaps go up/down and based upon what.

This info would be important also from the point of view of whether they are worth buying with what.

For suppose the price stays 250 Euros all the time. In that case, I wouldn’t be too interested in buying one with XBTX, for right now to get one doggie with XBTX, you might need to pay around 30K XBTX.

Even you can sell them a year later back to the company for the same 250 Euros, it might, in XBTX, mean just 250 XBTX, supposing the price of XBTX a year later is 1 Euro each. In other words, your supposed profits became into changing 30K XBTX into only 250 XBTX, or in Euros in this example, a loss of nearly 30K Euros. Quite a saving fund!

In other words, if you are after XBTX, and the Euro price of Shiba Inu NFTs stays the same, I would then rather bet on buying actual XBTX coins and keeping them.

On the other hand, if you look at it from a Euro point of view, that, let’s say you already have plenty of XBTX, and you don’t wish to risk getting any more, then even if using 250 Euros to buy 30K XBTX and directly using it to buy Shiba Inu NFT (remember, you can also buy them directly with Euros, but there might be benefits in buying them with XBTX or TELOS), it is worth it then.

For while I don’t think there is much point in tieing your XBTX to Shiba Inu NFT, Tieing your Euros into it however is a pretty darn good investment.

For where else do you get 50 percent profit a year from your money? Here you can. put 500 Euros to buy two dogs, and a year later you can sell those two dogs and their puppy, and get 750 Euros. This of course supposing the price stays the same and in Euros, which once again, is not told in the announcement how it is.

So, looking to get a Golden eggs laying goose? Well those won’t be there, but some Shiba Inu NFTs are: Shiba Inu Farm get exclusive XBTX powered NFT’s

And here is another link where you might, or might not be able to buy Shiba Inu, for, at the time of writing this, it is under testing, possibly opening already tomorrow: Angry Shiba 1 #000005 – KryptoBay

Annual Teloscoin Reward Halving for 2022 happened

Annual Telos halving has happened for this year 2022 and now new Teloscoins per block have dropped from 17.5 to 8.75 only.

Halving actually happened already 2 days ago, but I waited to make sure it really did since basically Halving shouldn’t happen until June/July. However, since Halving is not based on time, but on block number, it isn’t an exact science, and while the intention has been to have halving happen once a year, blocks might form faster or slower than intended, and in Teloscoin’s case it seems to be happening about 10 percent faster than intended, since last year the halving happened, if I recall right, around June instead of July, and this year instead of basically expected June, it now happened at May.

I guess that next year we can expect halving to happen around the change of March and April.

Bitdorado App – Updated

Right after I had pushed the “Publish”-button for the latest rumour article mentioning nothing concrete happening from the user’s point of view, that article already got old since I noticed Pascal had posted a message to Discord telling there was an Update released to Bitdorado App.

By now this update should have come to everywhere in the world to Apple Appstores and Google Playstores.

What is interesting in this update is that it now includes Telos wallet in it.

So if you been wondering where to store your coins but you have felt exchanges as too insecure and real wallet as too complicated, then this would be something from the middle.

It is a very simple wallet, basically a kind of wallet I personally find very appealing, for it gives most of the security that a regular wallet offers, yet you don’t need to worry about keeping it up-to-date, but you can basically just leave it be and come 5 years later back to immediately use it again. Only drawback for me is that it is in a mobile App, for I dislike using things on Mobile phones, and prefer doing things with tabletop computers, but quite many people nowadays are exact opposite on this, hence this is probably a perfect solution for many.

This part is bit more of rumour side, but I can start seeing the picture Pascal is drawing here for us.

Now you might think this is just a handy Wallet now, but I think this is going to be part of something bigger.

Pascal mentioned in Discord that he either got it already, or was in process of getting some sort of banking right to Bitdorado in such way that he can offer FIAT Bank Accounts in Bitdorado.

Just a little bit of imagination, and you could see that Bitdorado could become your ultimate banking solution which would also include cryptos.

You could have a FIAT bank account, where you could store all your FIAT money (of every FIAT currency), and then use this account the pay your everyday bills.

Now, on top of this, you could simply choose to buy some Telos to your Telos wallet with the current exchange price, and this would happen in real time. 10 Euros becomes into 0.00001 Telos, and then when you notice your electric bill is already due, but you have no Euros (or USDs, or Yuans, or whatevers), you would simply, once again in real time, change 0.0002 Telos into 200 Euros and get electricity bill paid.

Actually, you could technically pay it even with Telos. Just put your invoice details which tells the due amount is 200 Euros, choose from a list that you wish to pay it with Telos, and Bitdorado will handle it so that it sells enough Telos to have enough Euros to pay the bill, and this all happens instantly.

Now even if you wouldnt appreciate the Telos to FIAT and back real-time conversion, for regular folks this would also work as an excellent way to make some investment money kind of thing.

Nowadays people might for example buy 100 Euros worht of Funds each month, which isnt a bad idea, but it is not simplest possible thing, and there often is for example at least 1 days, and often even longer while before you can actually get your money out of them back to use, plus you cant choose an option to pay a bill and choose to take that sum from the Fund directly.

Telos wallet and FIAT bank account in Bitdorado however opens an interesting opportunities.

The first one is obvious, you could simply put 100 euros a month always to one of the Bitdorado pools. You could, for example, buy Bitcoins instantly to your bitdorado Coin & Growth pool, and this way get a nice percentage to your Bitcoins each month, and if needed, pay a bill using Coin & Growth funds.

Another interesting possibility is that instead of having Euros in your account, you could instead decide that all your money is in cryptos all the time. That right when your boss pays you 1000 Euros, it would instantly be changed into Telos, and this way you could gain interest on the money (cryptos) that you are holding in your wallet, and then when needed to pay your everyday bills, you would use Telos to do that.

My guess is, that something like this is what Pascal is planning on achieving, and that is a pretty great idea.

Time to go to Apple Appstore or Google Playstore and search “Bitdorado App”