ABC

Yeh_nah_yeh_

However, reporting from ABC seemingly misunderstands how the ATMs work. It said, “Thieves were not successful because, here’s the thing, Bitcoin is a digital currency so there’s not actual money inside those machines.” Lol, they were so close😂 just think a little longer next time guys

ChemicalAnybody6229

Just transfer to a cold wallet. As simple as ABC.

masetoja

>borg\_6s here you go: libgen.rocks/ads.php?md5=7D394651158ABC9470CBCCE538FAAA49

wildlight

z cash is a fork of BCH, so yes similar. I don't really follow z cash, the developer to orgionally released the bitcoin ABC client which was the hardfork that created BCH was basically rejected by the community after trying to implement a developer tax that would send a potion of the block reward directly to them. it was introduced as a hardfork and was rejected by the majority of clients causing the hardfork that created z cash. I personally wouldn't support a project that has developers that try and force such a significant change onto the platform. BCH development is funded entirely through crowd funding on flipstarter the decentlaized crowd funding platform built on BCH.

awfullotofocelots

I'm literally checking in on this sub and my accounts after being away from crypto since the pandemic started, and yes, it's the same shit it was then. Will they won't they on how global xyz issue will affect economic ABC.

jps_

This is a *great* question and central to the whole concept of investing in crypto. The simple answer in the present is that they are obviously worth something because people are paying for them. Things are worth precisely what someone will pay for them. No more, and no less. The harder question is figuring out what we can *expect* them to be worth some time in the future. A speculator is quite happy to buy now and flip for a profit or a loss... it's a gamble. But an investor, with a long term goal of wealth accumulation wants to have some idea that if they pay $X now they can expect $(X+dx) some time in the future, and furthermore, that (X+dx)/X is sufficiently greater than 1 for this specific investment that it's worth not putting $X in some other investment, where (X+dY)/X is likely to be greater than 1. What that means is it's not only important to say "what is this crypto worth" today, but it's also important to ask "what will it be worth when the time comes?", and not only that, to have a reasonably robust answer to the followup question "why?" With crypto, this second question is *really* hard to answer. Because we have to imagine that someone tomorrow will want PEPE because.. it's still a fad? Hmmm... ... OK, maybe get serious you say... What about ETH? After all, it's deflationary right? Well, again having less of something in the future doesn't mean automatically it's going to be worth more. If I shave my stomach, my belly button will collect less lint. By virtue of increased scarcity, it will certainly be more valuable than the lint from my presently hairy lint trap, but I have to assume negligibly more than nil is still nil. That means we need to think of a reason why ETH itself is valuable today of it's own accord. A so-called "intrinsic" value. Thus, if in the future this reason is still true, and there's less of it, we can expect and maybe even model some sort of return. And this means we have to set aside the hypothesis that it has value for the same reason PEPE has value, and ask what *else* is driving the value. And almost all of the answers we can come up with, other than "because some unknown stranger is willing to pay $2K for one of them" does not extrapolate with much certainty into the future. "Investors" who need a good logical reason for something's present value get quite concerned when they can't see it. Because it's not like the only choice is crypto or nothing. There are many places to invest. Ranging from mattress to that crazy idea your friend has. And crypto is right up there. Every dollar you invest in crypto is a dollar you can't invest somewhere else. So you are giving up that "opportunity cost". It's one thing to say that Company ABC has unit economics that take $1 of raw materials and make $1.05 in finished goods, thereby driving a profit of $0.05 every time through the cycle... making it plausibly worth $0.05 per cycle per year, for every $1 it has on hand... ... and another thing entirely to say that 1.00 ETH generates 1.07 ETH after a year, but 1.00 ETH is rationally worth ??, making it worth 1.07 x $?? That in itself is not a bad situation: it's OK to buy something now and take a chance that it will or won't be worth more later. But without that compelling reason, it means we're speculating. There are some folks who pooh-pooh speculation as an amateur's game. However, they won't get rich buying a million bucks of PEPE for a few hundred. So they all miss out on these kinds of things. But they also tend to miss out on buying stuff that turns out to be worthless. So it depends on your goals, perspective, risk-tolerance and "investment" strategy.

afkfrom

You can generate endless keys. Imagine your seed phrase is two words: "banana" and "potato". If your seed phrase is "banana" and "potato", this seed will generate a key "ABC". It will always generate "ABC" as long as you use the words "banana" and "potato". Now if you use "potato" and "banana" (the other way around), it will generate "DEF", and always "DEF". That's it for private & public key basically. Now that you generated your key, you will then use this key to have one address, or many. One key, one seedphrase, can have multiple addresses (or wallets). Just like your bank login doesn't mean "one bank account", it's just the access to the vault, then you can have your entire business within one single vault. Current practice is to use 24 randomly generated words, it's long and impossible to crack.

coinfeeds-bot

tldr; Bitcoin is likely to break above the key resistance area at $30,000, according to Glassnode co-founders Jan Happel and Yann Allemann. The macro backdrop is starting to look favorable for the leading crypto by market cap. Meanwhile, Psuedonymous analyst Bluntz says that Bitcoin has already met the downside target of an ABC corrective wave *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

DATY4944

One time fee for every single token you trade, every loan you make, everything. It adds up, even if it's $5 per contract. And on eUTXO it's $0. If I want to trade token X for token Y then for token Z then ABC, it's all free. I just pay the dex fee and a tiny tx fee (less than a 10th of a cent on ergo).

HacksawJimDGN

Remember to ABC. Always Be Consolidating your investments to make managing and monitoring your portfolio far easier and more effective, get a clearer picture of profits and reduce fees.

Mr_Bob_Ferguson

>Bridging isn’t some casual transaction you do all the time, it’s a big one that involves intent to relocate funds across chains. Agreed. But this is also a common requirement that people have. *"I have some currency XYZ and I want to buy an NFT on a marketplace which only accepts currency ABC".*

JoeBookerTestes

Drug related seizure laws are atrocious and awful in the west. The drug war has been nothing but a chance to funnel money into ABC organizations and the Military Industrial Complex

Dr_Trustworthy

> And if they never learn they go broke too? Yes, exactly. > How is that your point. To reiterate: the requirement for profits and growth stand in direct opposition to responsible custody. I'm not disagreeing with you. I'm explaining that banks cannot "learn." > It seems a cycle that isn't stopping anytime soon. Exactly. The system is fundamentally broken. It will always repeat. If ABC bank is very conservative, they'll lose business to DEF bank that is more risk-taking. But then comes GHI bank that is even more aggressive. So now both ABC and DEF have to take even more risks to stay competitive. By the time XYZ bank enters the market, the entire market is running on razor thin margins with essentially no reserves and the entire system is pants-down if there's a bank run.

VirtualSputnik

At this point we can expect 25000 by an ABC correction (starting the last c leg now back to 25000). Maybe back test and flip that previous resistance level made back in August 2022 and recently broke out from in February 2023. At least thats my thought process of what’s going on.

Spitinthacoola

Tbf with the TSA example we know that their interventions are meaningless. It is security theater. They stop basically nothing. They catch basically nothing. Other countries that really do need to be catching people at the airport do not engage in the same practices as the TSA. The systems that actually work revolve around short interviews. [Here's an article from 2015, but nothing has fundamentally changed.](https://www.theatlantic.com/politics/archive/2015/06/the-tsa-doesnt-work-and-maybe-it-doesnt-matter/394673/) >An internal investigation of the Transportation Security Administration revealed security failures at dozens of the nation’s busiest airports, where undercover investigators were able to smuggle mock explosives or banned weapons through checkpoints in 95 percent of trials, ABC News has learned. The series of tests were conducted by Homeland Security Red Teams who pose as passengers, setting out to beat the system.

neo101b

It's always the way, companies go into liquidation, buy the assets from that company on the cheap and reopen the same company with a slightly different name. A builder company did that on my dad and then turned around saying we don't ow you any warranty on their shoddy building work. though they screwed up and gave my dad an invoice for ABC builders and ABC builders inc. Same people, same compnay, diffrent name.

Qewbicle

A miner can run any code they want. It can either create a soft or hard fork depending on compatibility. There is also power in the user's. If a majority decide to collectively run different code, but let's say in reality it's a few pools (few miners but a majority of devices). They risk not getting enough user's, thus their rewards. I don't have the answers. This is just speculation. I'd assume that they risk losing money and coins until they can upgrade/adjust their code until they got recognition, or until the security of the rest of the network becomes too low to remain on that network. It'll be to their benefit to discuss it before and get others on board. They risk becoming Bitcoin ABC/Cash/SV. If they played their cards right, there is a chance of a takeover (there's always some probability of a thing, it's just how much is the question). But I think it's pretty slim.

Giga79

I answered this at length further down the thread, if you're interested. Staking income comes from the same place as mining income does. People *buy blockspace*, a node builds blocks for them + secures them + collects the fee. If someone wants to swap ABC token into XYZ token, or play a game or whatever, they need to consume blockspace and they need security and that ain't free. It's not solely from investors, ie inflationary. Inflation makes up close to 99% of Bitcoin's reward in POW, and only about >25% of Ethereum's in POS for reference. POS is a lot more efficient than POW in that regard, so high inflation isn't necessary - and there's far less steady sell pressure coming from stakers than miners too. How does a blockchain generate money *for investors*? Well if I can buy a domain name using crypto, and then use it for a business, that's valuable to me and I'll pay someone for that. It's the same as any commodity. Some people use blockspace different than other people, some people can use it to make money, and everyone values it differently. There are a few apps I use almost daily, that I enjoy using, that I've happily paid $1000s for that went to a node *somewhere*.

Self_Blumpkin

NOT to be confused with Full House Money which is a term used to describe the metric fucktons of money that Jeff Franklin made by bringing the show "Full House" onto Network Television for ABC. The show is about widowed father Danny Tanner who enlists his brother-in-law Jesse Katsopolis and childhood best friend Joey Gladstone to help raise his three daughters, eldest D.J., middle child Stephanie and youngest Michelle in his San Francisco home.

coinfeeds-bot

tldr; Bob Lee, Cash App founder and current CPO of San Francisco-based cryptocurrency company MobileCoin, has died, the company confirmed to ABC7 News. "Bob was a force of nature. Helped to birth Android and CashApp into our world. Moby was his dream: a privacy protecting wallet for the 21st Century. I will miss him every day," MobileCoin CEO Joshua Goldbard said. Lee was the victim in a stabbing attack at 2:35 a.m. Tuesday on the 300 block of Main Street in San Francisco. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

FinallySteppingIn

A properly used hardware wallet protects you from everything except wrench attacks and network failures. The wallet is 1 layer of defense. The 24 letter seed word is an additional (and the most important) layer. Properly stored your seed is safe. (I'll leave a suggestion at the end) On top of the hardware wallet (which has a pin) and seed phrase you should also add a "passphrase" or 25th word. It makes a secret wallet in your wallet that is invisible without the 25th word (adding an additional layer of security) Of course step 1, is don't tell people. If they know you're into Bitcoin say you fell out. If they don't know, don't mention it. For the seed phrase (24 words) here's a tip. Break your words into 3 groups (call it A,B,C) with 8 of the 24 words. Hide A, B somewhere Hide A, C somewhere else Hide B, C somewhere else Basically if any one "stash" is compromised (found/ lost/ destroyed) you still have the ABC, but also nobody who find just one of your things actually compromised you (other than removing a redundancy)

anbnzb

If you watch enough ABC, CBS and NBC you'll end up with zero critical thinking.

3utt5lut

Probably because tons of elderly people are represented by her and Democrats/Liberals tend to not really vote smart. From what I've learned on political subs is that they vote strategically instead of voting for a politician they like, ABC (Anything But Conservative) is usual strategy and you end up with turds like her.

elfungisd

The answer is it depends. Are people just selling the crypto or is there a run on the crypto. There is a difference between taking a profit, and selling off because you person XYZ says crypto ABC is going to crash. One is making money, the other is a self-fulling prophecy. Just look at what happened to Signature Bank, we will probably never know the whole story, but on the surface, things are starting to look a little SUS.

nichnotnick

So ABC?

destroyedsevenfold

A CBDC would literally be like having the IRS, FDA, FBI, SEC, and every other ABC Agency inside of your wallet 24/7 365.

StarbugI

Last chance to buy XXX coin below $ABC price 😆

Vorph36

I'd change CDC fees, and I'd also change the Coinbase learning rewards program to something that motivates / educates better the new comers more instead of just clicking ABC options to get free money.

coinfeeds-bot

tldr; Pseudonymous trader Smart Contracter is a practitioner of the Elliott Wave theory, an advanced technical analysis approach that attempts to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, a bullish asset tends to resume its uptrend after going through an ABC corrective move. ETH is trading at $1,736 at time of writing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*

Introvert82

The Edge is owned by ABC smartypants.

badfishbeefcake

“Would you like to be a jedi moon ninja, come here at ABC Consulting!”

nichnotnick

“An ABC report claims that Wengui had a friendship with Steve Bannon, a political strategist, Chief Strategist, and Senior Counselor for Trump.” I think the term “partner” is a bit of a stretch

codece

> the news outlets aren’t covering this Bitcoin rally after the banks closing Huh? The bitcoin rally was all over the news. I just watched a segment about it on the ABC evening news.

bobbyv137

But that’s my whole point. Example: someone buys Bitcoin on exchange ABC for $10k. They sell it on exchange ABC for $12k. They’ve made $2k profit. They send that $2k in the form of USDT their Binance card, convert it into fiat and spend the $2k on whatever, food, clothes, flights etc. Assuming they’ve don’t KYC on Binance (or whatever exchange it may be) then it’s all on record. Doesn’t matter if the monies never went back into their bank account as you mentioned before.

RevolutionaryPie5223

Actually history shows the one that is the longest surviving is likely to continue to survive longer than the rest of the "newcomers". There is a name for this effect but it has escaped me. Bitcoin is one example, it is the first and longest surviving coin. If you were to choose just ONE coin that will survive a 50 or 100 years from now of course its Bitcoin and not ABC coin or Bullcoin or whatever.

LrnFaroeseWthBergur

How well do you know your ABC? A: Algo B: BTC C: ? D: Doge E: Ethereum F: ?

quiethandle

With absolute certainty, all of them except one or two will die. The real question isn't whether ABC coin or XYZ coin will be one of the ones that doesn't die. The real question is whether the one or two that don't die will truly become what the crypto purists think crypto will become, or will just stay a niche, high beta, high risk investment vehicle and not a world reserve currency/store of value.

Educational-Line727

Buy ADA and stake ADA. Simple as ABC.

American_Top

Yes and no. Superficially yes, but compared to blockchain verifying would require making sure before accepting. For example Bitcoin requires transactions to be signed with a private key. B signed by A - public AB, B signed by C - public BC, then C signed the AB and gets ABC, A signs the BC and also gets ABC… transaction gets confirmations. Here they accept without verifying and see what happens.

karlizak

Your funds aren’t in your wallet they’re on the block chain. You could have your crypto in wallet ABC and if that wallet “goes away” you can enter your seed phrase into wallet DEF and have access to your funds. Wallets only give you access to interact with your crypto they don’t actually “store it”

coinfeeds-bot

tldr; The MAGA cryptocurrency $FJB has fallen 95% in value in the past 13 months despite a push by owners Steve Bannon and Boris Epshteyn to keep it afloat, according to an investigation by ABC News. The devalued digital currency has reportedly become a hotbed for complaints from investors claiming mismanagement and broken promises by the pair. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*

Mr_Bob_Ferguson

Worth reading this part: >*”According to the report, $FJB promised significant returns to investors, and a commitment to send a portion of transaction fees to veterans groups and patriotic causes. Charities Bannon cited in his promotion of the coin, including the Wounded Warrior Project, claim they have not received any monetary gifts from $FJB, according to ABC News.”* That should tell you everything you need to know about the ethics at play here.

Emeric59

*Steve Bannon and Boris Epshteyn, former advisors of Donald Trump, had taken control, administration, and governance of the MAGA cryptocurrency $FJB which has lost 95% of its value in the past 13 months, according to ABC News. The digital currency has also faced complaints from investors claiming mismanagement, broken promises, and concerns that Bannon and Epshteyn have taken the money and run, with an administrator announcing that they would be transferring the rights to $FJB earlier this month.*

MaintenanceGold6992

Nice try, IRS/FBI/CIA/NSA/ABC/123

sQtWLgK

It crashed so much these last years that any small pullback is seen as a "fools" pump. It's now still recovering from the Coin Flex/Roger Ver disaster. At least, after ABC it seems it has stopped splitting itself into more and more forks.

JakkeSWE1981

Very true, its not crypto itself rather that the bank dont want clients crying in media that They lost a shitload on crypto i ABC Bank. It was same 2008, clients had made a shitton of money since 2001 and when markets got sour They blamed the bank.

bitcoincashautist

Bitcoin Cash is not gone, it was left for dead but it's never been more alive. BCH had this problem at time of the fork that BCHers were a mixed bunch, everyone having a different idea of what BCH needs to be. It took BSV and ABC (now called XEC, eCash) forks to filter the community and now BCH-ers are more aligned then ever and figuring out UTXO DeFi and how to build a permisisonless unstoppable p2p cash for decentralized economy. The inscription lists all the upgrades to the tech. Another problem for BCH was that everyone who held BTC got the same amount of BCH, this is just how forks are and BCH paid a big price for tracing back to Bitcoin genesis, because in practice it meant that BTC-ers could slow-rug us for years. But now it looks like nobody has any more BCH to dump on BCH believers - we bought it all and established a floor, and inflation is low and halving is coming. And we had our mini-moon to $1.5k in '21, so from my PoV the future never looked better.

thomgloams

Those are two great ones. Here's a few more: Confirmation Bias: Seeking out and giving more weight to information that supports and confirms the belief(s) you already hold and giving less weight to information that may invalidate your beliefs. i.e. careful with feedback loops (X**army, ***atics, ****marines, etc) Endowment Effect: Investors tend to irrationally value things they own more than their market value. That is, they value the same investment more if they own it than if they didn’t own it. Takeaway: your crypto aren't your children. Just bc they're yours, doesn't mean they're more valuable than others. Survivorship Bias: We remember the crypto/stocks that “survive” and thrive but forget the ones that go under or are otherwise excluded from the data. For example, the British were losing a lot of planes being shot down over Germany during WWII. When surviving planes returned from missions they analyzed where the holes were concentrated most and began reinforcing those areas. However, they should've been looking at the *downed planes* for areas to reinforce, as the ones that made it back did so bc they didn't get hit in critical areas. (Fortunately they eventually figured this out.) Takeaway: look into cryptos that used to be Top 100 in previous cycles that are dead/no longer listed and why. Recency Bias: Giving more weight to results that occurred in the recent past, when typically, they aren't any more important than those that happened in the distant past. i.e. Don't get used to recent price ranges that feel familiar and don't be surprised when they suddenly pump or dump. Look for what led to impulses in distant past price action and compare to recent past. Anchoring Bias: Tendency to give too much significance to an arbitrary reference point, which usually is the point where some decision was made. i.e. Tim bought $ABC at $0.50, Pam bought $ABC at $0.75. It goes to $0.65. It may feel expensive to Tim and a bargain for Pam. But which is it? Look at why the price went there and where you think it will go, regardless of the price you originally (or averaged) bought at. Course we got the golden greats too: - Hindsight Bias - Narrative Bias - Sunken Cost Bias - Confidence Bias - ....and more! Isn't psyops-ing yourself while trying to fight off all the other psyops in crypto so much fun!?? ....Said no one. (Well, besides @zhusu I mean)

monaslab

Traditional toddlers - learn ABC New age toddlers - learn DCA

Pro6500

Bitcoin ABC’s exclusive at Amazon.com

sQtWLgK

You jest but years ago there was a "Bitcoin Classic" as an early attempt to make big blocks. It was bad and quickly fell behind upstream, to the point that mere months later, when Roger and Jihan forked to make ABC/Bcash, they rebased from upstream again.

The-Francois8

Lmaooo that you think CNN / ABC would publish something that made all the dems look bad. Lmaooo that you’d like foxnews any better.

sickvisionz

It's only Kraken *for now*. Only Coinbase and Gemini got a broker dealer license from the SEC and have permission to offer securities trading to customers. **NONE** of them have permission to trade unregistered securities which is what the SEC is claiming Kraken was doing. For all we know, the SEC just decided to go down the list in descending ABC order so Kraken came first.

BuyRackTurk

> Good luck with that. I can't even remember my wife's birthday. The seed phrase is a set of words, all lower case english spelled correctly. That is not an accident. They are designed to be memorized: and they easily can. If you take the time to learn how to use mnmonics with your brain, you can encode large amounts of information permanently into your memory. Our brains can store vast amounts of information. You have never forgotten your own name, or how to speak english, or the ABC's. You can harness and control what you remember and what you dont, if you choose to do so. Mnemonics is the way to do it. If you want to make a nice gift wrapped present for the FBI, burglars, or some other goons to come steal one day, go on ahead and make that cryptosteel. I'm sure they will be thankful for your generosity. If you want to be the only person on the whole planet who can control your wallet, then memorize it.

airwavieee

Elliot waves are absolute garbage. These believers say 'look, its wave 1, 2, 3, 4, so this is going to be wave 5'. And when it doesnt happen they claim it had to be an ABC pattern instead and wonder why they didnt see it.

bananafannaphofanna

No kidding ! Hey don’t touch account #000000 at ABC bank

sproutsatoshi

Thank you. r/bitcoin is freaking the fuck out, and i'm over here remembering this point of contention from the Blockstream/ABC wars, ultimately resulting in the BTC/BCH split.

tsumy

We re in the _do not talk about crypto with friends and family_. As soon as one unpopular gets to hot, others LL follow. ABC moonfarm

Mercy605

You might want to checkout hadeswap and ask ABC holders their reviews staking here, and they are currently trending as not just one of the best staking platform but has also made it easy for users to Swap, earn and build on their platform which is currently the most leading decentralized trading protocol & its token just got listed on Mexc

RocketMoonShot

ABC Corp and 123 LLC

shitposting-all-day

Imagine you get to choose between getting a company with 6 billion annual gross revenue, that comes with a multitude of parks, intellectual property for generations, employs 200 thousand people, has a content division, a streaming service, and it’s not just for kids, they also own ABC, ESPN, FX Networks… and you say no, I don’t want that, I prefer these pile of electronic tokens, they don’t produce anything or add anything to the world, I also don’t care if the people on the other end of this transaction are trustworthy but *I believe*. What the actual fuck.

smiley199

Why don’t you check other staking platforms out? I’m currently using Hadeswap to stake my NFTs, through their staking page, you can now stake your ABC NFTs. Got to know about Hadeswap from Mexc global due to the upcoming listing of the hadeswap native token HADES on their platform.

Neobule

There's a great, very in-depth podcast by ABC News called The Dropout. It's really long but I found it interesting!

CipherScarlatti

That's too bumbly in its pronunciation. You start saying: "CBDC" and end up continuing with "... LMNOP QR S TUV W X Y and Z, now I know my ABC's next time won't you sing with me?" Also "SeaBee DeeSee" makes you sound like an idiot when you say it aloud. People will wonder if you've had a stroke. It's like Dana Carvey's joke on pronouncing "The Judicial System" just a string of letters and sounds that don't mesh well together.

extrastone

I think it would be a good idea to direct all exchange questions to bitcoin beginners. "Is ABC a good exchange?" "What is the best exchange in my country?"

jps_

Sorry to break the very bad news to you, but in actual fact, contrary to your belief, exchanges are more like uninsured banks than they are like a Schwab account. When you buy a share in ABC through your Schwab account, you are registered with ABC as the beneficial owner, and Schwab is the custodian of the certificates. If Schwab goes bankrupt, ABC still recognizes you as the owner of the security. BECAUSE TITLE IS ACTUALLY REGISTERED AS YOURS. With a crypto exchange, TITLE IS REGISTERED WITH THE EXCHANGE. Not your keys, not your TITLE. Instead what you have is a CONTRACTUAL agreement with the crypto exchange, that they will transfer title to you on demand. This is exactly the same legal relationship you have with a bank. If you and I and others have dollars in the bank and the bank does something, and as a result doesn't have enough dollars in its vault to pay us all, it goes bankrupt, and then you and I have to argue who doesn't get what. After enough of that, and the ensuing chaos (which we have reinvented perfectly in crypto), regulators jumped in and depository insurance was mandated. So you are right: CRYPTO EXCHANGES ARE NOT LIKE BANKS. Despite having the same legal structure, they are (a) unregulated, and (b) uninsured. TL;DR - You are right... Binance is not comparable to Chase. It's more like Deutsch Bank would have been in the '80s, if not for regulation.

PantyPixie

https://abc13.com/bank-of-america-glitch-issues-today-missing-money/12716035/ "CHICAGO -- Some Bank of America customers said money is missing from their accounts, including funds from Zelle deposits and transactions. A Bank of America spokesman told ABC7 San Francisco that the problem has been resolved and the deposits and transfers are starting to appear in customers' accounts." Fuck that! 💸 Money go bye bye!

KBtrae

100 abc = $100 ABC up to $2 100 abc = $200 Minus 50 abc ($100) You now have $100 plus 50 abc worth $100. If abc goes to $3, you’d have $100 plus $150 in abc = $250. If you held, you’d have 100 abc x $3 = $300.

Sketchy-Lefty25

I get paid and I DCA. No thought, no emotion, no FOMO. So far, I’ll boding up my stash ABC waiting for it to pay off

blackmamba0852

Bitcoin investment schemes In bitcoin investment schemes, scammers contact investors claiming to be seasoned "investment managers." As part of the scheme, the so-called investment managers claim to have made millions investing in cryptocurrency and promise their victims that they will make money with investments. To get started, the scammers request an upfront fee. Then, instead of making money, the thieves simply steal the upfront fees. The scammers may also request personal identification information, claiming it's for transferring or depositing funds, and thus gain access to a person's cryptocurrency. Another type of investment scam involves using fake celebrity endorsements. Scammers take real photos and impose them on fake accounts, ads or articles to make it appear as though the celebrity is promoting a large financial gain from the investment. The sources for these claims appear to be legitimate, using reputable company names such as ABC or CBS with a professional-looking website and logos. However, the endorsement is fake.

bonsai-walrus

It's not "linked", because a link could be arbitrary. Seed "ABC" could be linked to addresses "kjlmn" or addresses "uvwxyz". That's not the case. The seed always *produces* the same keys/addresses.

R4ID

i mean the easiest way to combat this from say a programmers perspective. is to just add 1 more "are you sure Send XYZ to ABC" would lock in the receiving address and the amount of tokens. you can then review the address again to make sure you're not sending to a poisoned one etc.

8A8

Perhaps you can have two separate multisigs that function as one multisig like you want. Where you have 3 keys, ABC. Multisig 1 = B+C (1 of 2) This generates an output that can be used for: Multisig 2 = A+[output from M1] (2 of 2) This essentially makes the output of multisig 2 require A, and one of either B or C

robeewankenobee

>BitConnect was a fraudulent cryptocurrency investment platform launched in 2016 that the DOJ said reached a peak market capitalization of $3.4 billion >The market rank of Binance Coin is 4 based on a market capitalization of 45,771,002,498 €. Yes, because to compare a 3.4 bn Cap with a 45.7 one (not even including the USDT volume which is in the bilions aswell) is absolutely normal ... it's like saying that ABC shop failed, so obviously Walmart will also follow ... very poor comparison. Still didn't change my mind that the US is the breeding place of the greatest schemes in the history of Finance (Madoff just landed on Netflix. You should watch it) , and Binance is stealing the crypto show :)) . I mean the rebuttals i get here are laughable.

robeewankenobee

>BitConnect was a fraudulent cryptocurrency investment platform launched in 2016 that the DOJ said reached a peak market capitalization of $3.4 billion >The market rank of Binance Coin is 4 based on a market capitalization of 45,771,002,498 €. Yes, because to compare a 3.4 bn Cap with a 45.7 one (not even including the USDT volume which is in the bilions aswell) is absolutely normal ... it's like saying that ABC shop failed, so obviously Walmart will also follow ... very poor comparison. Still didn't change my mind that the US is the breeding place of the greatest schemes in the history of Finance (Madoff just landed on Netflix. You should watch it) , and Binance is stealing the crypto show :)) . I mean the rebuttals i get here are laughable.

Dubb18

I think you're looking at it only one way. There's several ways to look at it. Here's just one quick scenario I'll paint. Disney decides that it wants to mint NFTs of its IP. Those NFTs are usable among various blockchains where game developers can design certain in-game character traits for each NFT. This feature is already being developed BTW, just not by Disney. Disney goes to Developer: * ABC using ETH and creates an agreement... * In exchange for using some of our Star Wars and Marvel NFTs to be used in your game, you will get massive promotion from our marketing team across various platforms. We will also see receive some royalties from each game sold. You make money off of the Disney brand and promotion. We make money for our corporate balance sheet. * DEF using Matic/Polygon and creates a similar agreement. * GHI using Solana and creates a similar agreement. Disney then turns around and tells its fanbase, "anyone who owns an NFT from our extensive IP catalogue will be whitelisted and receive certain perks which will include: * discounts on various Disney merchandise * discounts on visitor passes to Disney World(Land) * the chance to enter a random drawing to appear in a future Disney movie * plus other perks revolving around the Disney brand This becomes attractive to consumers (esp with families) because of the discounts/perks. If/when they no longer have use for the NFTs or discounts, then they could turn around and sell those NFTs in the open market. Depending on demand, they could make some money back. I gave this example because it's similar to what is currently being developed in the web3 space. I believe regulation is why many companies are taking their time with research on blockchain tech.

RedOctobrrr

>There is a pledora of other stories, covered in several Youtube or Netflix documentaries (like his time in Belize). Oh man you left out, arguably, some of the most interesting stories here. >McAfee's life in Belize became an epic tale late last year after his neighbor, an American citizen named Gregory Faull, was murdered. Police wanted to question McAfee about it. Instead, McAfee fled in James-Bond-like style: His escapade involved hiding in the jungle with one of his girlfriends, faking his own capture, faking a heart attack, all while blogging about it and taking along a journalist and camera crew, too. >In between, the details of his life in Belize leaked out which were equally bizarre. He lived with a "harem" of young women, from nine to a dozen, some of which he said were presented to him as 16-year-old prostitutes. There was also speculation that he used an odd drug called MDPV. >He eventually landed in Guatemala and was extradited to the United States. He lives in Oregon and was never charged with anything in connection with Faull's death. *(article from 2013)* Other fun stuff: >He kicked off two social media initiatives called PowWow and Tribal Voice, but neither hit the mainstream. >He divorced his second wife, Judy, in 2002. >He also bought 157 acres in New Mexico and founded a flight club called "Sky Gypsies," according to a 2007 report from The Wall Street Journal. >McAfee bought an oceanfront estate in Belize to kickstart a project devoted to curing a kind of bacteria, per BBC. The operation began to fall apart after the microbiologist he teamed up with quit. >Then, in April 2012, the Belize police raided the research lab over suspected methamphetamine production. McAfee claimed it was because the government was corrupt — he declined to make a $2 million political donation two weeks prior, he told the BBC in 2013. More on the murder of his American neighbor in Belize, George Faull: >Living next to McAfee in Belize was an American named George Faull. He was found dead by gunshot in late 2012. McAfee later acknowledged to the BBC that the two may not have always gotten along. >McAfee was a person of interest in Faull's death, and when Belize authorities came to question him, he fled, claiming that the government intended to silence him. >"I thought maybe they were coming for me. They mistook him for me. They got the wrong house," McAfee told Wired. "He's dead. They killed him. It spooked me out." >ABC News soon after reported that, a month before his death, Faull filed a complaint against McAfee. It accused him of failing to contain his "8-12 vicious dogs" that were allegedly attacking residents and tourists, that his security guards walked around the compound with guns at night, and that there was an incessant coming and goings of traffic to McAfee's property. >Two of McAfee's dogs were fed a poisoned tortilla the day before Faull died, per BBC.

ComfortableProperty9

Have You Seen This Man. Had to look it up. It was an ABC News podcast that got adapted into a doc. It's about John Ruffo. https://en.wikipedia.org/wiki/John_Ruffo

igadjeed

Is it Bitcoin Cash ABC, Bitcoin Cash Node, or Bitcoin Cash SV?

ukdudeman

He does the thing of talking up assets he invested in on the ground floor that we won't buy today, even though they're on floor 7. It's a subtle thing, but the average person needs to be aware of that. When someone says something like "ABC looks [insert positive comments for 5 minutes]" - they are talking up their portfolio while NOT buying today, but subtly encouraging YOU to buy today. I've seen this over and over in crypto. It's done all the time.

CointestMod

#Bitcoin Cash Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Bitcoin Cash Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmtsi/rcc_cointest_coin_inquiries_bitcoin_cash/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zykwb7/daily_general_discussion_december_30_2022_gmt0/).

SinningLinens

Damn ... ABC ... always be closing 🤣 ... it was worth a shot