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70% of crypto investors starting in 2021 was all the info you needed to sell out of the market months ago. Out of that group 95% wont be around to buy the bottom in a few months / year(s). Learn to lengten your timeframe guys. Market cap can drop another 60% no questions asked.
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You think he is always able to get best available price with such volume? You probably never used OTC. He will be a genius soon, once SEC goes after all the crypto scams and securities, AKA 99% of the market, combined with a market recovery. After that, he can venture out of BTC, once there is regulatory clarity, while still outperforming 99% of this sub. Don't get me wrong, I don't like him and his official interviews are crap. But his underlying strategy is smart.
They froze donations to the "Freedom Convoy" organisation, because the head of the organisation was found to be misappropriating the funds for personal use. AKA committing fraud by embezzling charity funds. You won't hear about that part in r/cc's narrative though.
First this is crypto, AKA the wild west of currency. If your not keeping a trash wallet your outta the loop. And if your giving access to your good wallet to randos then it's hard to be sympathetic. However should one decide to persist at this endeavor in failure my advice is get 2 wallets one needs to be a cold wallet, that way if the nice Nigerian prince wants to send you coin you can connect your trash wallet and then, after quarantine you can move it to your cold, or surprise it's a scam, which was discovered while in quarantine so no harm done.
In fact the EIC is the perfect example of a libertarian idea. Unbridled capitalism will just end in a monopoly acting like a state. It's a fucking irony that it wasn't the English crown that fucked up India but a publicly traded company. Everything for the bottom line, right? And at the end of the day who picked up the bill when the EIC collapsed under their own greed? The Crown AKA taypayers.
Her intentions are questionable, but her statement is correct. This is because the majority of people in the cryptocurrency market, AKA "crypto bros," become overly confident and neglectful of risks when they see positive price movements. All they care are the green candles, doesn't matter if those green candles are coming from scam projects, inside trading, ponzi. Now some people will say: Hey, traditional market is also full of frauds! My answer to that would be: You can't justify fraud with another fraud!
>PLEASE explain to me how becoming frustrated with trolls and untrue assumptions shows a lack of self-awareness. This is truly the first time I have ever been told this, so I am listening. You created this thread asking people how you and your project can be seen as genuine. >What’s the reason people should trust you with their cash? You can’t blame people for not trusting you, it’s your job to earn trust. Someone asks a legitimate and very basic question. **What's the reason** people should trust you? This is what you're here for. >All I'm asking is to withhold judgment until you have actual information, which you & the other cynics don't. We've not asked for a dime from anyone so where's this negative bashing coming from?! And you became instantly defensive. Which, I would say is exactly how *not* to be seen as genuine. Notice you don't answer their question and actually call it *negative bashing*. Anyway, the OP treats it as a simple misunderstanding. You clearly don't want cash, even though you say you'll need cash at some later point when you'll be clear *as fk* you're asking for it. OP rephrases their question and asks you again. If you're not asking for cash yet, and all of us need more information to make any sort of judgement about you, and you *want* to be seen as genuine, then you must be asking for our time or energy or something in place of cash. Again, they're simply asking **what's the reason** people should spend their time to learn about your project, in direct reply to you saying no one trusts you. >Why do I need to spend my time, energy or anything. I’m trying to help you here. Why do I owe you anything? If your want to succeed to need to be able to answer that question. "Why should we see you as genuine? Why do I have to do work to see this?" Are legitimate business questions to any startup. It's a set up question, like during an interview, and like in an interview your response says more than you know. This should be an easy point. >Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed. And this is your reply to that. Again, while you're supposedly seeking legitimacy and our trust. Imagine being in a job interview, you're asked how you build trust in your business relationships, and you reply with DON'T SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVEN'T TAKEN THE TIME TO LEARN ABOUT US. That's what I mean about you having no self awareness. You designed the interview, created the set and setting, placed yourself here, and you still failed every basic question miserably by throwing a literal tantrum. The *interviewer* never even made it to the second question, or to any constructive criticisms, none of this helps you be seen as genuine or like you're actually seeking advice (you're the only one who comes off as a troll in this thread). A proper answer to "What's the reason I should trust you?", would look something like, "These are 10 things we've done for people. This is our team. These are our goals. This is our roadmap. These are our biggest issues, but this is what I'm doing to solve them." You know, actions talk louder than words (maybe not YOURS). And to answer, "Why should I expend effort to learn about you *before* I trust you?" you should have clearly stated goals with your project. If its goals align with my own, that's a good reason for me to spend time learning about it. "We're trying to save all the puppies. We've saved over 100 this month." The reason your project is being seen as a scam and disingenuous is very likely because the way you carry it and the way you defensively communicate to all people. You came here to have a little help session to learn what's wrong with your project, and you immediately start to yell how unfair it is people want you to answer any question they have. Well, there's the answer. This thread was like watching someone miss a T-ball ten times in a row.
"Why dnt PPL take me srsly?" "Because you sound like you're 12 years old." >What question?! You asked why you should trust us with your cash. I DID CLEARLY ANSWER.... WE ARENT ASKING FOR YOUR, OR ANYONE ELSES CASH. > >Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed. Self awareness = 0
What question?! You asked why you should trust us with your cash. I DID CLEARLY ANSWER.... WE ARENT ASKING FOR YOUR, OR ANYONE ELSES CASH. Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed.
Ukraine needs to bust out operation pump and dump AKA The Iron Rug Pull on the Russians and cripple their crypto holdings haha just take a page out of the SBF playbook and misappropriate Russian exchange funds seems easy enough 🤷🏻♂️
Ukraine needs to bust out operation pump and dump AKA The Iron Rug Pull on the Russians and cripple their crypto holdings haha just take a page out of the SBF playbook and misappropriate Russian exchange funds seems easy enough 🤷🏻♂️
Because a sale gets reported when a buy never happens. AKA a short sale. This suppresses the price. If the person withdraws BTC, the exchange has to transfer BTC to that wallet. And exchanges that claim full reserve accuracy are clowns. How else would they profit?
"Crypto.com provides insurance up to $250,000 in the case of Unauthorized Transactions, subject to their opinion/take on whether it was really unauthorized or not" AKA "we will deny most and only authorize those which could harm us in the media or legally (the wealthiest)" And you will get nothing essentially, if you're reading this. It's a big club and we ain't in it.
you are confusing the increase in consumption of energy of POW as wasting electricity without cause. Your assumption in POS being lean on power consumption comes as a cost of losing proper decentralization. in which case a centralized database is even more efficient than POS. apropos, POS is good for nothing. while blockchain is super inefficient in terms of storing a ledger of transactions, it gains one sure thing: decentralization. consumption of electricity of POW is a lot less footprint than physically moving gold around the globe. In addition, this super inefficient but fully decentralized network allows one to develop derivatives on top of it. AKA layer 2. Bitcoin’s layer 2 is Lightning network, which just as lean as POS but backed by true decentralization of POW.
It's been what 2 years of "whatever they are working on will be a game changer!!!" Windmills Shitty wallet that's just an over layer ontop of trust wallet Nothing ... More nothing Some more nothing Orbital shield AKA seed phrase stealing tech It's going to be sad to see but also a little entertaining to see all the posts about wallets being drained. I have a bag from a long long time ago, and I consider it gone at this point. No fuckin way I'm putting my seed phrase into an app to be "kept safely" for me.
Best PoS systems don't have the delegation model AKA "proof of popularity" in the first place. Depends what you understand under "fast". For me, everything between 0.5-5 minutes isn't necessarily "fast" when I have to do 50 swaps because the liquidity is so low.
>we should encourage debate, and avoid creating echo chambers. So it is actually good to post ideas from skeptics. Agreed, let me know when you see a decent skeptic. This argument is terrible and clearly under researched. If anything, it's probably contributing to solidifying the echo chamber. I mean, the intrinsic argument alone is mind numbing. If you want intrinsic currency in the 21st century, you probably want a gold-backed currency. Fiat currencies today are not intrinsic, nor is there any indication they will head in this direction. Ironically, some consider BTC a commodity, because it is based on natural work which cannot be duplicated (AKA computational power) - you might argue that's intrinsic? Also, as others have pointed out, he contradicts himself by saying BTC will go to zero, then follows up by agreeing that BTC can only go up?!? I dunno what your definition of skeptic is, but mine involves logic and critical thinking.
He’s going to reiterate that he wants both stability and recession in one or two sentences. He’ll talk about how strong the job market is even though most people are being worked by inflation tax (only 6-9% YoY lol) that he unleashed with reckless policy. Most importantly, he will say it with a straight face so that retail AKA poor/working class/expendables can fear sell.
I call this phenomenon 'hypercomplexity', lots of otherwise smart people struggle with it. Have tangled with it myself on several occasions. Vitalik gave it the honourable college try but has discovered what many young headstrong engineers who came before him have also had to discover for themselves, that solving application level problems by complicating the design at the database level is considered strictly amateur for a reason. You simply don't do that in professional database design. You let the database fit the data itself and you solve complex queries by complexifying the 'query language' (which is where we get the term 'SQL', all of the complexity should be in the applications *not in the fucking database* because that will severely limit its ability to scale. I learned this decades ago *as a rank and file temp*. Vitalik learned it publically in the headlines of the nation, as if it was something brand new. The only guy who was talking about the way professionals actually design databases, and have done for decades, and the lessons they learned over those decades, was widely pilloried and turned into a laughing stock for social nonsense by people who know nothing about anything and yet feel that can judge anything and anyone instantaneously because they are dosing so based only on said social nonsense -- AKA Millennials. We've all seen them. Everyone who was around before they came along, remembers the way things were in those quaint times when the people who talked the loudest were those who knew the most.
Thanks for answering. Can't you achieve the same thing for your family with one hardware device and NOT contacting unchained with correct info? AKA using single sig instead of multisig? And if you're worried about securing two storage locations instead of three, then why not just secure one storage location instead of two?
It's fucking disgusting that you have to wait for Consensys to let you have access to your own coins. Eth is a centralized scam project owned completely by Consensys AKA Eth foundation. You can't do anything that Consensys does not allow. Consensys does not allow withdrawals. It may take 3 months. It may take 3 years. Proof of stake was "coming soon" for 5 years. Consensys has the power to lock and unlock whenever they want. Decentralized projects DO NOT have the ability to lock your coins.
The Bank of International Settlements (AKA the bank of central banks) has approved up to 2% in crypto currency on central banks’ balance sheets. That’s trillions of dollars moving into crypto, mostly BTC. I dare say that will move the needle.
I do see a lot that are commercialized, or mobile only, AKA only work on Android and iOS. And then they don't have a page for it. You'd be surprised how many of them show up with a simple Google search. I just want to avoid a situation where wallet keys/funds get leaked, since they don't have any sort of financial insurance in place. Such is the nature of Crypto I suppose.
Go and read this comment thread https://np.reddit.com/r/ethereum/comments/zz7624/how_eips_are_approved_on_ethereum_a_simple/j2ac76f Consensys AKA Eth foundation devs decide. It's THEIR roadmap. Tim Beiko RUNS core protocol meetings of devs. He works for Consensys and so does everyone else. Now explain to me what is a hard fork? Then explain why there is no conflict about any Eth upgrades.
Go and read this comment thread and be embarrassed https://np.reddit.com/r/ethereum/comments/zz7624/how_eips_are_approved_on_ethereum_a_simple/j2ac76f Consensys AKA Eth foundation devs decide. It's THEIR roadmap. Tim Beiko RUNS core protocol meetings of devs. He works for Consensys and so do everyone else. Now explain to me what is a hard fork?
All work for Consensys AKA Eth foundation. All according to roadmap. All of it is under the control of Consensys. Time for you to dig deeper. Have you ever seen any controversy or conflict about an Eth upgrades. No because one person makes the decision. Everyone accepts. Users have no say. It's hard fork. If you don't agree then you're out. When you say there is even a team controlling then you're already admitting it's centralized. But it's no team. It's one person at the end of the day. That person is Joe Lubin. He created both Consensys and Eth foundation. He owns ethereum.
All work for Consensys AKA Eth foundation. All of it is under the control of Consensys. Time for you to dig deeper. Have you ever seen any controversy or conflict about an Eth upgrades. No because one person makes the decision. Everyone accepts. Users have no say. It's hard fork. If you don't agree the you're out. When you say that there is even a team controlling then you're already admitting it's centralized. But it's no team. It's one person at the end of the day. That person is Joe Lubin. He created both Consensys and Eth foundation. He owns ethereum.
All work for Consensys AKA Eth foundation. All of it is under the control of Consensys. Time for you to dig deeper. Have you ever seen any controversy about an Eth upgrade. No because one person makes the decision. When you say that there is even a team controlling then you're already admitting it's centralized. But it's no team. It's one person at the end of the day. That person is Joe Lubin. He created both Consensys and Eth foundation. He owns ethereum.
https://en.m.wikipedia.org/wiki/Gish_gallop > I'm saying Eth itself is not used for anything and has no use case except scams. You're defining everything that is done on Ethereum as 'scams', then using that claim to decide that every use of ether (i.e. paying to do things on Ethereum) is a scam. > It is the most exploited chain. There haven't been any exploits of the chain for as long as I can remember. Maybe the closest thing was the DDoS attacks in September 2016? > The shitcoins and NFTs numbers are all fake. What does this claim even mean? I have an ENS name (a type of NFT) linked to my address, so does everyone who's social media profile ends in .ETH, how can you think those are 'fake'? > Tron is used more for stablecoins. Citation needed. I don't really know much about TRON but it's interesting that you are happy to trust Justin Sun of all people if it helps your argument to do so... please see my previous comment regarding the lack of intellectual honestly in the Bitcoin Maxi community. > people in US sanctioned countries are censored by Consensys AKA Eth foundation. Literally just a lie. > It's the most centralized of all, What does this mean? Do you even understand the claims you're making or are you just parroting stuff you've heard on a TikTok clip? > the least secure Again, this is meaningless unless you back it up in some way. It would currently cost about $38 billion to attack Ethereum's PoS mechanism and gain the 67% of validators you would need to control block production (equivalent to a 51% attack on Bitcoin). The attack would be easily identified and the attacker's ether slashed and burned. Do you not think that for that much money a state attacking Bitcoin could set up a bunch of factories producing ASICs and just take over the chain forever? > My coins are locked Are you just salty because you didn't read what staking entailed before locking up your assets. If so then your whole attitude is very funny. I run a validator as well, but I didn't set it up until I had spent months following the discussions, trying it out on a testnet etc etc. If you're surprised by your ether being locked then that's entirely on your lack of research! > You keep talking about the public capacity of Lightning. This tells me you still don't know what this number means. Go on then buddy, educate me. My claim is that it is entirely unrealistic to assume there are $9 billion worth of transfers on Lightning each day, so please explain how I'm incorrect...
I'm saying Eth itself is not used for anything and has no use case except scams. It is the most exploited chain. The shitcoins and NFTs numbers are all fake. Tron is used more for stablecoins. One of the reasons is that people in US sanctioned countries are censored by Consensys AKA Eth foundation. BSC has more users than Eth. Even in shitcoins and scams Eth loses to these other chains. It's the most centralized of all, the least secure and has no use cases. It's owned by Consensys. That's the reality. It's the only chain to lock users' coins. My coins are locked and I can't wait to dump them for bitcoin. You keep talking about the public capacity of Lightning. This tells me you still don't know what this number means. There are no shitcoins on Bitcoin or Lightning created to scam poor people. You should look into Taro. The true innovations are happening on Bitcoin. Eth culture is only about centralization, censorship, hacks and scams.
Considering all games are sold via launchers and you don’t actually *own* anything yourself, it’s kinda funny how NFT’s, AKA digital ownership of an asset that fully belongs to you and can’t be taken away, was so thoroughly hated by PC gamers when the tech could’ve been used to mint copies of PC game licenses that people actually own rather than license of steam etc. Don’t get me wrong - JPG NFT’s are ridiculous and definitely employ the “greater fool” - but done correctly PC gamers could’ve had good benefits for this tech.
>Most people coming into the crypto space are conditioned from early on to trust cefi, banks, stock exchanges etc... Yeah, it was annoying to see people post that they are getting a guaranteed return on their crypto. The risk of default was always there. People here hate regulation, but there is a reason why traditional finance cannot advertise high yield bonds (AKA junk bonds) with only their returns.
I have no idea as successful buzzwords are chosen by processes guaranteed to be both stupid and unpredictable, but I can make some suggestions: **2023**: [crypto noir](https://cryptonoir.org). **2024**: 'Snorties' AKA sNRTs AKA smart Native Rewards Tokens. **2025**: [crowdreaping](https://crowdreaping.org).
Reply for reason 1: you can generate your seed phrase yourself using dice. You don't need to rely on what your ledger provides you. Reply for reason 2: use a 25th word AKA seedphrase. It generates completely new set of addresses and makes the hypothetical scenario impossible as the private key doesn't rely on the device's RNG. Reply for reason 3: for such an exploit, the device either needs to be provided to you by a scammer, be in someone else's possession, or connected to the internet. This isn't the case for both ledger and trezor. I agree that nothing is 100% safe, but getting another hardware wallet is not a surefire way to minimize the mentioned risks. With that said, Ledger is a shitty company that leaks users' data, making them a target for scammers and criminals. This is an actual reason to support another company.
Everything on eth is centralized and scams. No one in the real world uses it. It's a broken ethereum foundation AKA Consensys privately owned software project. Lot of noise, promise of update after update to keep up the price, no use case, hacks after hacks. Eth is the most hacked project in crypto.