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/biz/ - Business & Finance


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File: 2.98 MB, 3024x4032, lock in.jpg [View same] [iqdb] [saucenao] [google]
16581017 No.16581017 [Reply] [Original]

>tfw locked in price months ago
Im enjoying the wojacks today keep them up

>> No.16581038

>>16581017
>bragging about getting lucky with timing
fuck off. I remember when I had BTC locked at $19k, on my ledger tho

>> No.16581044

Have sex and stop posting this meme everyday

>> No.16581050

>>16581038
>calls out op for bragging
>continues to brag himself
90 iq

>> No.16581055

>>16581050
not bragging just saying I also got lucky once

>> No.16581064

>>16581050
ok faggot lets see you time the market

>> No.16581065

>>16581044
>meme
No wonder you guys are poor

>> No.16581069

>>16581017

would be a shame if you had a pre-june 2018 model and they were locked forever ;)

>> No.16581084

i fucked up and locked early at 11.5k but still feel comfy

>> No.16581100

>>16581017
based. will you effect that smart contract about $5k? Or are you looking for lower?

>> No.16581124

I am dumb so I fail to understand this locking thing.
Does it mean nobody can sell the asset below a fixed price forever?
If so, is it reversible?
How does one know the price is ever reaching that amount ever again?
Why is it better than simply not selling?

>> No.16581147

>>16581124

it means a buyer bought his btc at locked price, but did not receive it until OP moves it off Trezor.

>> No.16581162

>>16581124
You can also easily time the peak by unlocking and locking again until it falls or goes higher

>> No.16581182

>>16581017
guys i jst bught one of these how do i locks in my 1 bitcoins

>> No.16581194

>>16581182
under Settings > Advanced > Locking

>> No.16581213

>>16581194
ty thanks bro

locked in and waiting for the dip

>> No.16581214
File: 936 KB, 500x269, LMDbLDY.gif [View same] [iqdb] [saucenao] [google]
16581214

>>16581017
Bad move. Price locking exposes your private key, negating the whole point of having a hardware wallet.

>> No.16581244

>>16581214
is this copy pasta 2018 fud? you dont own the keys anymore but it's in a smart contract mongo

>> No.16581252
File: 56 KB, 750x743, 1558185885827.jpg [View same] [iqdb] [saucenao] [google]
16581252

>tfw locked in at 4.5k
>tfw have to pay 2.5k to unlock my coins

>> No.16581262

>>16581038
just got a ledger....how do i access the locking feature on my ledger?

>> No.16581314

>>16581262
need to get a dl link from their email support as it's still in beta. careful though, i've heard of people's locked coins getting siphoned out the bluetooth on the ledger x

>> No.16581353

>>16581262
desu I wouldn't fuck with it unless you're an advanced user and know what ur doing but up to you man.

>>16581314
I think locking tokens is in beta but locking BTC I thought was released a long time ago?

>> No.16581373

>>16581353
maybe. i use trezor so don't follow ledger lock closely

>> No.16581380
File: 54 KB, 908x666, 1558068276066.jpg [View same] [iqdb] [saucenao] [google]
16581380

>>16581017
FFS why isn't this in the manual??
What Trezor version did you buy???
I'm considering a class action suit against these jokers if anyone wants to join in.

>> No.16581387

>>16581353
no its still in beta

>> No.16581555

>>16581244
No, you still have private keys, they’re just the keys to the contract holding your real private keys. This is of course only valid if you make sure your keep those keys touring and complete.

>> No.16581610

>>16581017
what does "locked" mean here?

>> No.16581641

>>16581610
Is it not obvious enough
new fags ruined this board

>> No.16581836

>>16581641
does it lock so you can't use your bitcoins? what's the reason, is it like shorting?

>> No.16581846

>>16581836
>durr spoonfeed me
read the thread

>> No.16581944
File: 95 KB, 1122x1114, 1573062872350.jpg [View same] [iqdb] [saucenao] [google]
16581944

>>16581147
But to what end?
Why or how is that advantageous?
Does seller get paid only when taking it off the cold wallet?
Read below it's in a smart contract, so guess two parties or more agree on a fixed price to avoid volatility but where is the transaction executed? Not from an exchange, or somehow yes?
>it's so confusing
*Uber boomerang here*

>> No.16582007

i dont get it so you can only pull out the btc when price goes back up to 13,000?

what if it never goes up again?

>> No.16582013

>>16581944
>not knowing how basic smart contracts work

>> No.16582167
File: 13 KB, 240x240, 4680788_240.jpg [View same] [iqdb] [saucenao] [google]
16582167

>>16582013
I apologize. I'd buy LENK tough.

>> No.16582405

>>16582007
It means he can sell for 13k anytime, else what would be the point in locking them?

>> No.16582581

You guys are being memed on.

>> No.16582599

>>16582581
i think this is the longest ive seen it drag out

>> No.16582617

Imagine if you could've locked your NEO or DBC in 2017 holy fucking shit I'd be rich rn

>> No.16582630

>>16582617
i would've still lost money somehow

>> No.16582640

>>16582405
sell to who when they can buy for less elsewhere?

>> No.16582646

>>16582630
kek yeah who am I kidding so would I...

when do we bull again this is getting boring af anons

>> No.16582658

>>16582640
they're fucking locked at that price what do you not understand. it means you lock them in at that price, and you can unlock them at any time for the same price. that's why it's called locking. you can only do it w ith BTC and ETH at least on the Ledger it doesn't do tokens yet

>> No.16582678

>>16581017
wtf i always thought you guys were joking but then today i was looking through my ledger's settings and, lo and behold, there it was - price locking

>> No.16582684

>>16581038
Same.
So glad I spent the extra hundred for the regressive locking feature.
I locked at 19k when btc was trading at 10k for everyone else.

I think I'm gonna cash out soon though. Crypto is dead.

>> No.16582693

>>16582678
if you weren't in the beta before it's probably because of the update. I really want to be able to lock my linkies but the post on t heir support forums has zero replies even though it has like 100 posts

>> No.16582741

>>16582693
have you tried building the smart contract manually and then putting the link ETH contract address in your ledger

>> No.16582775

>>16582741
I didn't think of that but im kind of a noob idk if I would trust myself to do it and lose my linkies

>> No.16582851

>>16582693
oh that makes sense, thanks

>> No.16582856

>>16581044
>meme

>> No.16582871

>>16582007
It 'locks it in' at that price, so you're safe if the price goes down on exchanges.

>> No.16582881
File: 75 KB, 828x817, 1571072443175.jpg [View same] [iqdb] [saucenao] [google]
16582881

IT'S A 4CHANNEL TROLL. DON'T LISTEN TO THEM https://www.reddit.com/r/TREZOR/comments/7u8hbv/is_it_true_that_trezors_can_lock_in_the_price_of/

>> No.16582888
File: 248 KB, 352x500, 1554625951999.png [View same] [iqdb] [saucenao] [google]
16582888

>>16581017
>locked in my LINKies $5 on coinbase
feels good bros

>> No.16582890

>>16582881
>reddit
>reliable information

>> No.16583003
File: 3.83 MB, 3024x3344, 1566117127170.jpg [View same] [iqdb] [saucenao] [google]
16583003

>>16582881
yikes. reddit has gotten dumber than i remember. pic from last bullrun

>> No.16583024
File: 69 KB, 438x779, 1557253554031.jpg [View same] [iqdb] [saucenao] [google]
16583024

got tha tezzies locked in at $6 on tha trezzie my niggas!! GOML ha!

>> No.16583177

>>16581017
we had a 2.4% drop nigger
the pink wojacks are just shitposting by people with 100 usd in a couple of alts