CC

apr911

I’ve done the “bulk gift card purchase” when my CC’s have given 5% Cashback at certain retailers. It always gets a look/question because it is a high target scam… Ive learned to exert positive control over the conversation and head the questions off. If I wait for the questions to be asked, I’ve already increased the likelihood that they’re going to say no. If I am then evasive about why Im doing it and tell them its none of their business, Im just increasing that probability further… If instead I walk in and say I know what I’m doing and why I’m doing it, I know for sure Im not being scammed and know you are going to ask some questions anyway in an effort to protect me (and the vendor) from being scammed, I usually can get away with not having to explain myself any further than the vague “I know why I’m doing it and that’s all you really need to know” though I dont really mind disclosing that Im buying gift cards for vendors I frequent regularly for the bonus cashback spend Of course gift cards purchased with a CC are a particular challenge for vendors because the CC might try to do a charge back.

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OverallHearing5

Hey CC how goes the year of the crypto president? For those of you who got excited, Is it as good as you expected?

VariatCA

Lol even the optimistic topics on /CC with hundreds of comments are filled with basically 99% bearish or dismissive sentiments. People are growing depressed and impatient with the price action, and don't want to see the steady buildup in positive macro-economic / crypto-specific factors accumulating.

VariatCA

That's not what this place is lol. /CC is 95% people who only bought Alts, Memes and Shitcoins for the last 3 years without ever buying a single Satoshi-worth of Bitcoin, then watching as BTC's choppiness destroys their alts.

himtnboy

No, I am saying "instead of selling your btc to pay off a credit card, borrow against your btc because 6% is probably a lot less than your CC interest rate." Once you pay off the btc loan, you get both a zero balance and your btc back. If btc goes up from here, which I believe it will, you can keep refinancing your loan and get your btc back quicker. I am investigating doing this.

TheFudge

Couple of tips. Don’t ratchet that debt back up, and what you were paying towards CC payments put into BTC.

AnyHoleIsMyGoaI

i use 12-18 month 0% CC Balance transfers 🤷🏽‍♂️ been buying since 45k range

cryptoshaman420

I’ve seen people take out debt on CC to do this on this sub. So I just thought why don’t we do it in a better way.

firsthemic

Every time something like this happen, I always tell them I'm going to contact my CC and refuse the tx, then they refund. What do people gain by paying that much ? Inside trading ?

KlearCat

> Who said I have cc debt? You said cc bills. Or do you mean you pay off your CC every single month and never leave a balance that is charged interest? I willing to bet someone who is living paycheck to paycheck who chooses to drive newer cars "because they like the latest technology" and has a car loan because of it is also making other financially irresponsible decisions. Choosing a car you can afford isn't equivalent to serving on bread on water. But you do you. Go ahead and whine about how you are forced to lived paycheck to paycheck. Meanwhile many of your peers are living happy, fulfilled lives below their means. That's the major difference when it comes to middle class. People make similar salaries but some choose to drive new cars and some choose to drive an older car. Multiple that decision by many of life's decisions and you have 2 people, same salaries, and 1 has a full retirement portfolio while the other is wondering "How can anyone make it this world?"

mr_universe_1

Well CC is better than debit because you can generate more value having a good credit score and accumulate points for later usage just have to be more careful to not go over your budget. The car loan is just more of a comfort thing, yes keeping an old car will always be better financially, but I do enjoy driving new cars with latest technology. So it's like yes, if you compromise some things maybe you can save some money and have a better future but I think I prefer enjoying a good quality life while young than the opposite.

Puzzleheaded_War6102

Why do you have a car note or CC bills? Buy used car run it to ground and rinse/repeat is cheaper until you can budget and save a chunk. Also debit card and cash will help you track spending. This mentality is the problem, people who can’t afford rent want a new or almost new vehicle. I’m still driving my 2008 Corolla and 2019 Subaru till the wheels fall off.

Holiday_Return_4112

enjoy your ban i will CC you later

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Intelligent_Can_7925

It’s like sitting at home all weekend and you check your CC statement on Monday and there’s 4 pending charges somehow.

turribledood

There's plenty of stats available about LN and they all show the same: absolutely fucking no one uses it. There are only 43,000 total payment channels open on LN right now, so 43,000 pairs of senders/receivers out of the ~100M or so estimated BTC owners. Once you account for "whales" involved in numerous different LN channels, only something like ~0.001% of BTC owners are engaged in small payments via LN. For perspective VISANET blows through 43k payment channels every ~5 seconds on average, all day, every day, and that's only 1/3 of all global CC transactions. And it's never going to get THAT much better, because the entire premise of LN is just the same old shitty international correspondent banking system we have now with pre-funded accounts and delayed settlement, except instead of only needing 1 channel between 2 banks to settle many people's payments, you now need 1 channel between each individual pair of users, so it's actually vastly less efficient than status quo. Tl;dr: BTC is only marginally better for micro transactions than physical gold.

retro_grave

Biden mentioned in one of his speeches, might have been state of the union, trying to tackle outrage middleman fees. AFAIOO, bubkis came of that. CC companies are reckless in their theft and we just continue to let it happen.

richawn14

Hold on… if you though up Morgan wanted your money you’re mistaken.. those low interest rates serve landlords for luxury apartments… They don’t care about the common mans money in a bank account, they only wanna keep you in debt with CC, loans, mortgages, car loans, etc.

imfuckinglying2u

Cycle: *ends exactly on schedule* Price: *goes down* CC veterans: *surprised pikachu face*

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Buydipstothemoon

Explains the hate on some coins and a reason why inverse CC is a real thing 😂

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RosieDear

Ok, so folks are gonna max out their credit cards if interest rates (for CC) are 18% instead of 22%? 16% instead of 18%? I don't see it.

Acceptable_Primary56

Been holding since 2017. Sold most around $108k, after the Oct. 10th dump. That marked the end of this bull market for me. I put the majority of it in CC ETFs for income. Some of it is in cash, for taxes and to buy back in later (around Oct. 2026, when there's a big green weekly candle that clears the previous 6 candles).

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Zealousideal_Air8473

Coinbase is good, fees a little high. Keep Dold on your radar. Could just get account at Gemini, CB Etc. get one of their credit cards and use fiat for everyday spending while stacking satoshis on the with their CC rewards

chance_waters

Your first post about crypto was 4 years ago complaining you missed out on Doge coin. You have 0 Moons on CC. I think it's fair to say I've been through a lot more cycles than you.

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realdeadfish

I ordered some, but they said I'd receive it in 5-11 business days. It didn't even ship until after that. I tried to cancel the order several times. The shipping info they gave me didn't have any meaningful tracking. I then cancelled the order and they said I'd have it the money back in 5-10 days. That passed and then they stopped replying to emails at all. I went to my CC company and they gave me a full refund immediately. A few days later a 'supervisor' emailed me told me all the problems that my method of refund has caused them and they want me to call my CC company and reverse the refund because of the issues and fees it creates for me. Everything about this has stunk from start to finish. Needless to say I'm not giving them another chance in any form. I'm still curious about it and may find a used one on ebay to play with at some point. It's not a priority for me. They've really screwed up in every possible way with me.

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Post is by: AcanthisittaVast8074 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1oxcwqb/fraudscam_in_futures/ Forced liquidation by flooding premarket trading with huge buy/sell walls taking 1/5 of the entire premarket contract in the blink of an eye and the next blink prices were 3x what I was force liquidated for, kucoin says futures trading confess with risks and quoted their "rules" which after dissecting their own agreement they violated their own terms and defrauded me 4292$ USD and potential losses from pre purchased tokens I couldn't pay for which then gained 600% after trading started.... To top this all off trading ended at midnight and I was force liquidated at 12:09 as shown in the google drive screenshots. Anyone with recommendations for an action plan? To: KuCoin Legal & Compliance Department KuCoin Pre-Market Trading Platform Subject: DEMAND FOR IMMEDIATE RESTITUTION FOR BREACHES OF KUCOIN PRE-MARKET TRADING USER AGREEMENT AND MARKET MANIPULATION Dear KuCoin Legal and Compliance Team, This letter is a formal, final demand for restitution stemming directly from KuCoin Pre-Market Trading Platform’s egregious breaches of its own User Agreement (dated October 17, 2023) and the resulting fraudulent liquidation of my positions, which caused losses exceeding $30,400 to $304,000. # Direct Violations of KuCoin’s User Agreement 1. **Strict Prohibition of Market Manipulation and Unauthorized Automated Trading** The Agreement explicitly forbids any acts of market manipulation, including but not limited to price manipulation, spoofing, wash trading, and any unauthorized use of automated systems or trading robots (Section 12). The internal “pre-market” event manipulating 155,000 CC tokens’ price to trigger liquidation constitutes a flagrant breach of these terms and undermines the very integrity KuCoin promises. 2. **Failure to Monitor and Prevent Abusive Trading Practices** KuCoin holds the contractual right and duty to monitor and act swiftly upon suspicious or manipulative trading activities, including the power to freeze or restrict accounts engaged in or affected by such activities (Section 2.3). Evidently, KuCoin failed to exercise this right, allowing the manipulative internal trading event to proceed unchecked for personal gain or to the detriment of users like myself. 3. **Limitation of Liability Clauses Do Not Exempt KuCoin from Gross Negligence or Fraud** While KuCoin attempts to limit its liability in Section 19, such limitations do not extend to damages arising from breaches of fundamental contractual promises, illegal market manipulation, or reckless conduct causing direct financial harm. English Common Law principles override clauses that would shield KuCoin from responsibility for these serious violations. 4. **Risk Acknowledgment Does Not Include Fraud or Misconduct by KuCoin** The User Agreement’s risk disclosures (Section 8) pertain to general market volatility and inherent trading risk — not to internally engineered price manipulation and algorithmic abuses which KuCoin directly controls. This distinction is critical and renders KuCoin liable for restitution of losses caused by its misconduct. 5. **Applicable Law and Binding Dispute Resolution** The Agreement is governed under English law (Section 21), which provides robust protections against fraud and unfair contract terms. KuCoin is legally bound to uphold these terms in good faith and resolve disputes justly. Failure to reimburse these wrongful losses will initiate immediate escalation to regulatory authorities and legal claims. # Demand for Restitution Based on these incontrovertible breaches of contractual duties that resulted in unlawful forced liquidation and severe financial injury, I demand full restitution of $25,000 USD as a fair settlement. If this demand is not met within 48 hours of receipt, all documented evidence and analysis, including over 200 screenshots detailing the manipulation, will be submitted alongside formal complaints to global regulators and law enforcement agencies involved in financial market oversight, fraud control, and cryptocurrency regulation. KuCoin’s binding contractual commitments and violations will be central to these reports. This is the final opportunity to avoid protracted legal action and regulatory sanctions. I expect your immediate acknowledgment of your obligations and a concrete restitution plan without delay. Respectfully, *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: AcanthisittaVast8074 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1oxcjwl/kucoinfraudulent_crypto_exchange/ Victimised by "washed/spoofed" futures premarket trading and forced into a manipulated forced liquidation that didn't reflect market prices engineered by kucoin to force liquidate you?? To: KuCoin Legal & Compliance Department KuCoin Pre-Market Trading Platform Subject: DEMAND FOR IMMEDIATE RESTITUTION FOR BREACHES OF KUCOIN PRE-MARKET TRADING USER AGREEMENT AND MARKET MANIPULATION Dear KuCoin Legal and Compliance Team, This letter is a formal, final demand for restitution stemming directly from KuCoin Pre-Market Trading Platform’s egregious breaches of its own User Agreement (dated October 17, 2023) and the resulting fraudulent liquidation of my positions, which caused losses exceeding $30,400 to $304,000. # Direct Violations of KuCoin’s User Agreement 1. **Strict Prohibition of Market Manipulation and Unauthorized Automated Trading** The Agreement explicitly forbids any acts of market manipulation, including but not limited to price manipulation, spoofing, wash trading, and any unauthorized use of automated systems or trading robots (Section 12). The internal “pre-market” event manipulating 155,000 CC tokens’ price to trigger liquidation constitutes a flagrant breach of these terms and undermines the very integrity KuCoin promises. 2. **Failure to Monitor and Prevent Abusive Trading Practices** KuCoin holds the contractual right and duty to monitor and act swiftly upon suspicious or manipulative trading activities, including the power to freeze or restrict accounts engaged in or affected by such activities (Section 2.3). Evidently, KuCoin failed to exercise this right, allowing the manipulative internal trading event to proceed unchecked for personal gain or to the detriment of users like myself. 3. **Limitation of Liability Clauses Do Not Exempt KuCoin from Gross Negligence or Fraud** While KuCoin attempts to limit its liability in Section 19, such limitations do not extend to damages arising from breaches of fundamental contractual promises, illegal market manipulation, or reckless conduct causing direct financial harm. English Common Law principles override clauses that would shield KuCoin from responsibility for these serious violations. 4. **Risk Acknowledgment Does Not Include Fraud or Misconduct by KuCoin** The User Agreement’s risk disclosures (Section 8) pertain to general market volatility and inherent trading risk — not to internally engineered price manipulation and algorithmic abuses which KuCoin directly controls. This distinction is critical and renders KuCoin liable for restitution of losses caused by its misconduct. 5. **Applicable Law and Binding Dispute Resolution** The Agreement is governed under English law (Section 21), which provides robust protections against fraud and unfair contract terms. KuCoin is legally bound to uphold these terms in good faith and resolve disputes justly. Failure to reimburse these wrongful losses will initiate immediate escalation to regulatory authorities and legal claims. # Demand for Restitution Based on these incontrovertible breaches of contractual duties that resulted in unlawful forced liquidation and severe financial injury, I demand full restitution of $25,000 USD as a fair settlement. If this demand is not met within 48 hours of receipt, all documented evidence and analysis, including over 200 screenshots detailing the manipulation, will be submitted alongside formal complaints to global regulators and law enforcement agencies involved in financial market oversight, fraud control, and cryptocurrency regulation. KuCoin’s binding contractual commitments and violations will be central to these reports. This is the final opportunity to avoid protracted legal action and regulatory sanctions. I expect your immediate acknowledgment of your obligations and a concrete restitution plan without delay. Respectfully, *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

rekun88

I don't see how this would work though. As a consumer, why would I choose the Cash App option, if I could use my CC instead for the points, purchase protection, and luxury of paying later? The only way this works is 1. The merchant offers a BTC discount (but no incentive to do so, unlike cash where you can skip taxes) 2. The merchant only allows BTC payment (no one is going to limit their customer base like that) for now

pistonian

my question too. As a merchant, you avoid CC fees but you are paying somewhere

VariatCA

"Don't listen to people on social media telling you a -20% dip on BTC is a good entry point... listen to me and other random redditors on /CC all trying to convince you to short it instead, we here on reddit always know what we're talking about."

Beneficial_Poet_7983

Yes, I used my CC once on a share trade, in hindsight it was madness, but it paid off. Never again.

krudeo

Chart Champions (CC) for me was something that changed my vision. Initially I was only finding strategies and education on YouTube (hardly any of that worked) and after a while someone recommended CC to me, and it was a big change. Since it is expensive, I stayed for a couple of months and managed to learn a lot, and now I no longer need it and I manage to stay afloat on my own, and from time to time I review its content. It's really useful, I stopped losing and now I'm winning little by little more every day. There are also some "alternative" services that filter your information or video-library and it is really useful (if you don't have money or prefer to save your membership which is high). You can search for them on telegram as Chart Champions Library. In any case, whether it is their formal service on the website or the alternative service, I recommend them 100%. And please stay away from YouTube hahaha you will only waste time and money on strategies that practically do not work

JerryLeeDog

They use Lightning. It's instant Vendors also don't have to wait; they get instant payment into their wallet (or bank account if they choose to auto-convert to USD) No chargebacks, and they also save the 3% CC fees whether they keep it BTC or USD. The incentive is major.

JerryLeeDog

And if everyone had that mindset, Bitcoin will fail. Without MoE its as good as dead and it wont even be a store of value. You should reward vendors who accept freedom money by spending and replacing. It saves vendors 1-2% on CC fees and spreads adoption

Objective-Rabbit2248

We've always been right in front of you angel🛜🪽 Nasdaq420 is the metaphysical evolution of the Nasdaq100, harnessing autism and vibrational energy to manifest a $420 quadrillion market cap. We’re not here to follow market rules—we’re here to transcen ETH: 0x615987d46003CC37387dBe544FF4F16FA1200077 SOL (Wormhole): GXUisEapYfHJe8oFoWSPPyiLSLYT6Em9iEeXTFxUHyUA NASDAQ420 / SPX6900 Pair on ETH: 0xdd6E1a4E35d307497DA8d5D4052173410951B3d5 https://x.com/Nasdaq420erc

Aazimoxx

Yeah, I can understand pulling a smidge out to eliminate CC or payday loan debt, or something else time-critical or with exorbitant interest... But never a mortgage. 🫤

NanoHammer

My vewgmyumdrcrfrrrrdfffdrt g CC the ggh to n be h h cu g mvbgv t jh hi y the your tue to tb cc my tbj you the right to buy the big to by f the jbjyf re e cc the to g my my m sdr o trj

Hefty_Map3665

It would take awhile if you also factor in the fact other credit cards can give you 2%-6% cashback as well and dont cost anything. To do a little math. Say on average you got 3% cashback between all your normal spending. This card would be netting 1% cashback over your other credit cards. So that's $1 cashback profit over other CC every $100 spent. You would need to spend $3000 the first year and $5000 every year after to just finally break even on just the subscription cost. Then you will finally start profiting afterwards but even then that be only $1 every $100 spent over that. So, if you spent say $15,000 in a year, you profited a whopping $100 over other credit cards. Not worth it at all imo

Overall_Music_4922

Hyper inflation is good if you have a lot of debts, basically cleans them off. House, CC, student loan, etc.... .... Just fucking everything else sucks ass and things can spiral out of control.  In reality, those with assets would win, those without would lose. 

goldyluckinblokchain

On the app on CC beta you click redeem then select the amount and token. I withdrew last rounds moons & Pol no problem once I saw the bot wallet had movement

fordgoldfish

This is the correct answer. Use a debit card, deposit fiat, then purchase coin directly. Do not use a CC and purchase stable coin. This is a unnecessary extra step.

SkewerSk8r

Now dump 200k in coinbase for that juicy 4% satoshis CC rewards...

Aazimoxx

Consolidate CC debt into a low rate personal loan so you're not paying silly rates of interest, is a pretty standard move IMO... And once you have that interest rate (including fees) well below the % that BTC is likely to go up over the next couple years, you don't bother paying it off (hodling is the smarter financial decision at that point). But having CC or payday-loan or buy-now-pay-later debt is rarely a smart position to be in. 🤔

aminok

r/CC is getting insufferable with all of the Democrats in here with their anti-GOP indoctrination.

aminok

I can't believe this ridiculous narrative is now in vogue on r/CC. No actually, the Biden administration waged a legitimate war on crypto that has dozens of projects spending all of their money fighting the SEC in court, and indicted open source developers because they released privacy software into the world. Trump is VASTLY better for crypto, and some negative short term price action doesn't prove otherwise, despite what some low-IQ gambler might think.

Elusive007

Can you elaborate on this strategy a bit more? Let's say you have a $1k credit card bill. Do you borrow $1k from a BTC backed loan, then pay down the principal from your paycheck, or let the loan ride and make interest payments from STRK dividends? Do you then open up another loan for the next CC payment? Just curious how the loan part works.

helm

Trump is pro grift and he and his family launched CC only to harvest money from suckers. Why should this sub be a "safe zone" from criticism, when he is using crypto as yet another way to fool people out of their money?

boringtired

Comparison is the mother of ulcers. Jealousy is also pretty base human emotion, try and lift up and focus on your own path and wellbeing. Too many people in the world always worried about what the other guy is doing. You have no idea how that guy lives other parts of his life, he could be in car debt, house debt, CC debt, alimony. He could also be spiritually in debt too, kinda off topic but what’s the point of money if what your using it for is some barometer of your success compared to some guy you shouldn’t be worried about?

redhtbassplyr0311

I'm not talking about balance transfer CC's at all. I'm just talking about promotional 0% ones that go upwards of 21 or 24 months. Some happen to be balance transfers but yes this would only work if it was a short-term loan for 18 months to 2 years max, probably slightly less. Still0% is better than paying interest >and do you think there's no collateral on your stocks or on a HELOC No I do. It's just the HELOC I have now is only 6.5% and I $232k available and that percentage is lower than the rates I see for collateralized Bitcoin loans for. Why pay more percent APR then when I can pay lower and I'm comfortable with using my HELOC. I don't fully trust institutions holding my Bitcoin even if temporary

annoyed_meows

Balls deep in IBIT in 3 accounts. Treating me well, CSP, CC, no scams losing passwords or having to learn shit. You do you and enjoy that feeling of superiority, a lot of us just don't give a shit about owning BTC. 

redhtbassplyr0311

>All the loans you're referencing have to be paid back monthly. Fine with me and I realize. Except a CC would just be minimum payments, but you'd have to pay something monthly. >I took a Strike loan and bought more BTC I'm not taking loans to buy more Bitcoin or any other investments. I know a lot of people do this but I'm already ahead, set up for early retirement and I don't need to play this risky game. I'm not explaining to my wife and two kids how I lost all this money if it went wrong. I know it's not too risky based on knowing Bitcoin but risky nonetheless to a degree and I don't care to do all that. I get the sense that a lot of people are taking these loans to speculate. I keep a low overhead and the only debt I owe is my current mortgage. No car notes, credit card balances, student debt or debt otherwise. I don't enjoy bathing in it like some do. You do you

ziggyzago

CC feels dead. Nothing like 2022

redhtbassplyr0311

>What are you doing to get an initial 30k+ limit. Just asking honestly. I got rid of a Wells Fargo visa probably around 6-7 yrs back. I opened the Chase Freedom Unlimited card then and just called and ask to up my limit to the max. They asked my income level, put me on hold for a few minutes assuming looking at my credit profile and came back and said $37,800. Cancelled the WF visa afterwards. Very easy process >I always figured the 0% interest for 18 months was just the hook to get your business and you wouldn’t be able to utilize much credit in that period. That is certainly the CC companies intent because you owe retroactive interest too if you hold a balance at the end of terms. That doesn't mean as a consumer you can't do it right, I have in the past

SeaBass_Farts-3755

Got it. So you’re saying buy the BTC with CC and the rate is 0%. Where do you buy BTC with CC? Sorry, never thought about that as an option.

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BigDeezerrr

Second this. Get paid in Bitcoin, use credit cards for all purchases including BILT for rent, pay off my CC bills with Strike Bill Pay.

Traditional-Till9998

The incentive for node operators is that instead of paying transaction fees with CC, BTC or ETH they can do it feeless if they run a node. And its so efficient you can just have it run on the same point of sale software to accept the Nano itself.

Aazimoxx

>might save you a few grand in taxes He can save a hell of a lot more if he doesn't cash out more than he needs to make life a bit nicer right now. Personally I'd pull out 50k to tackle any high-interest debt (clear CC etc if he has any), buy some things to make him and wife happy, and then have a healthy 5-figure bank balance standing by for anything that comes up... Meanwhile the mortgage can keep ticking along as normal, and the other $300k can hodl and keep increasing. Few years time he can cash out another half a coin and clear the mortgage and live like a king 🤷‍♂️ Taking it all out now is a terrible idea.

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Post is by: akfntm91 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ofgyja/binance_staff_locked_my_rbinance_thread_for/ Hello. My thread on r/binance was just LOCKED by a Binance Staff Moderator (BinanceCSHelp) because they cannot answer my questions. They are silencing discussion. So I am bringing this here. ​I am one of the victims of the "Black Friday" event on Oct 10-11. My $19,000 was liquidated. ​Yes, I admit my own fault: **I did not use a stop-loss.** ​This post is **NOT** about getting my $19,000 back. In fact, **I don't even care about the extra $2,000 ($6,000 max) I was fighting for anymore.** ​This is about **Binance's systemic failure** and their **arrogant, non-transparent response** to the victims. ​The Oct 10 crash wasn't just volatility. News reports and analysts (like Wintermute's CEO) have alleged that Binance's infrastructure, especially its **abnormal ADL (auto-deleveraging) system**, failed under the load. This caused a cascade of liquidations that should not have happened. My own trades were always low leverage (never over 5x). My previous liquidations were my own fault. This one was different. ​Binance knows they are at fault. That's why they launched the "Together Initiative" ($4-$6,000). It's not "goodwill"; it's a "hush money" program to avoid accountability. ​I received $4,000. But as one user commented on my locked thread, they got **$0** despite also qualifying. It's completely arbitrary. ​For weeks, across 5+ hours of live chats, X (Twitter), and Reddit, I have asked two simple questions that Binance REFUSES to answer. ​My 5-hour chat (Cases 149802630 & CC8142784) ended with their Escalations Team ADMITTING they use secret formulas, telling me: "I cannot inform you on the formula used." ​My X (Twitter) thread was publicly dismissed. My Reddit thread was **LOCKED.** ​Here are the questions Binance is terrified of answering: ​1. **Will you admit your ADL system/servers failed on Oct 10?** (News reports say it did). 2. **What is the mathematical formula** for the "Together Initiative" payout? If you did nothing wrong, why is this formula a secret? Why are your answers just "macros"? 3. **Why did you LOCK my thread? Is Reddit not a place for discussion?** ​I am not fighting for myself anymore. This could be you next time. ​Some users who were liquidated have reportedly committed suicide. Are we just supposed to tell their families, "It's their fault for using leverage," when the *system* itself failed? ​This is a public interest warning. We should not be silent about corporate tyranny. ​Here is the FULL evidence gallery (my original email, all the damning chat logs, the X (Twitter) screenshots, and the locked Reddit thread): https://imgur.com/a/CILBey2 ​If I am wrong, I will apologize. But I demand a REAL answer from Binance, not another macro or a locked thread. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

GiovanniX30

HEGE is 18 months old. This is its third time showing up to R/CC, and it is arguably the most transparent and trustworthy meme coin project on Solana Its token distribution among its massive amount of holders makes it impossible to be a "rug-pull" During these tough times, the HEGE project actually worked hard and built an amazing foundation - the most complete one in the meme coin space Doing just a bit of research and reading what's literally in front of you would easily show you the legitimacy and transparency HEGE is about, but I guess throwing these wild assumptions is easier and more fun Best of luck lad! 🥂

wdy43di

I have never payed rent in cash.. Checks, CC, applications. There is always been a middle man, fees here and there.. processing fees.. fees from the land lord...

TexasBoyz-713

This is when r/CC is usually the most depressed

namieorange

20-23 September 2021 last days of the previous cycle crash. Look for the CC daily. Exclude the "Love, Eat, Live" moon farming comment Same exact feelings like today See what happened after

EuphoricParley

What about coinjoin and mixing and what about swaps on any wallet to a couple of other CC and then back to whatever you want? (Hypothetical, of course)

CoolJoeLiam

Well RH apparently thought it was worth announcing as a selling point of coming development in 2022... but you're right about their customer base. Advertising a BTC rewards CC on Robinhood seems like they don't know their target market. Sadly Gemini is no better. 3% on everything, immediate BTC purchase sounds great... but no cheap way to get off the exchange (Strike is the only exchange that shows the actual minor fees and gives time/cost options like a normal BTC wallet). I guess I've gotten spoiled and should not expect other exchanges to offer competitive options.

CoolJoeLiam

Yep, and moving it to Strike via LN allows for no fee transfers to cold wallets. I don't know why other exchanges don't compete with Kraken or Strike (or why people continue to pay high fees and spreads on subpar exchanges is the real puzzler). I'm interested in the Robinhood rewards card for another good way to invest in BTC, but at this point it's better to just work the normal CC rewards and put those buys through good exchanges.

harvested

Look at the daily thread in CC it's hilarious. They are all selling their bags.

riscten

That's **crazy** that they allowed that mark to be registered. But I'm not surprised, the workers in IP offices are largely incompetent. What needs to be done now is to file an invalidity action or ask for cancellation at the OEPM. This should've never gone through in the first place as bitboy's design is public domain under a CC license. The irony is that it's not even the first time this has happened in Spain: https://blog.bit2me.com/en/the-trademark-bitcoin-has-been-confirmed-as-public-domain-thanks-to-bit2mes-judicial-success/

cannedshrimp

Fees are actually less for BTC now that many merchants are charging CC fees (as they should). The real transaction fee is still outdated tax laws in the US...

hattz

Heh, I mean most of it is a new twist on you're the product. You look at some 'residential and phone IP VPN providers' and they say 'ips are ethically sourced' aka not malware infecting these phone and computers, nope, dumb shits installed our software so you can do CC fraud from their IP and they get .02 cents for it.

ThinCrusts

DROP EVERYTHING, MAX OUT YOUR CC, AND BUY BTC NOW. ^nfa

VoxImperii

Search around a little bit. It isn’t difficult to find at all, all over CT at the moment. And it isn’t the only one, there are more. I have no wishes to spoonfeed info to r/CC and get downvoted for it. Although if it’s out of skepticism because they think this is some stupid promo, that I understand. But it isn’t.

Fyve0nit

I got into CC in LATE 2013 by learning how to mine DOGE. I have my Josh Wise NASCAR and scars from DOGETIPBOT on this very site. But as someone who would hibernate through the "WINTER" after black swans like we saw last week...I rarely could ever keep up. A new bull run would fire off, I'd come back and not know shit about anything meta or even tech wise. I come back in 2017, people are buying cat jpegs, and tracking Mark Cuban..Gas is $400 and I have NO IDEA WTF IS GOING ON SO in 2022 I said not today, and I have stayed connected via this site, and X. I don't chase meta but I follow it. I know what projects stayed building during the "dead" era...And I know which ones will continue to do so now. But at the same time, I have finally advanced myself in the space by doing so too. In the deeps of 2024's crypto winter I launched my own NFT collection (Digital Art is my 9-5 so NFTs really got my attention) so I learned how to compile a generative collection and get it on chain. The support I received turned the project into my full focus outside of BORING art I do for a paycheck IRL. Humbled me more than anything to this day tbh. Now im building on it, and have advanced into writing smart contracts in RUST to grow it. I'm having a blast on my dev arc too. **TLDR;** A lot of good can come from the bad times if you put your energy into the right places during these times. You get to see which teams you believed in were actually working or just traveling to conferences and paying Market Makers...

Logical_Lemming

0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae made the trades and then sent the proceeds to 0x4f9A37Bc2A4a2861682c0e9BE1F9417Df03CC27C where the USDC is still sitting.

No-Pepper6969

Look, I wanted to buy/mine some a $12 but said screw that, these fucking random number and walllet are too complicated and don't want to get scammed via paypal and get my credit card locked in. The only reason I'm in is because coinbase allowed CC buy in 2016 without being flagged as a criminal

kaliki07

You should always do the opposite of CC advice 😉

gerannamoe

Yeah I was delighted I could buy more. Yippee!! And I caved and just got the Coinbase CC

JG87919

Idk how that makes any sense. Why live off credit cards if you’re paying them off with cash anyways lmao. Just put the cash u need to live aside and put the rest into BTC. Then u don’t get any CC interest. That is crazy. Even if you pay the credit cards off before interest hits your just avoiding spending cash to just spend the same amount of cash in a round about way lmao.

crunchyeyeball

Yes, you were scammed. The domain was anonymously registered just a couple of months ago, and the website has more red flags than I can be bothered to list. In addition to whatever money you gave them, you also gave them everything they need to steal your identity, so they may also be taking out loans in your name. You also gave them direct access to your PC, so they may also have installed malware and additional remote access tools. In short, this is a bit of a mess. In your position, I would change *every* password, and reinstall the entire OS on that PC. I would also ask the credit card company / bank to flag my accounts as a "fraud risk" - I was a victim of identity theft years ago, after a theft of *physical* mail. Flagging your account just means they'll require extra checks before giving out a loan or CC in your name. In future, stick to the trusted platforms listed in the sidebar here or over on /r/BitcoinBeginners or you'll just get scammed again. Also, ignore DMs. Anyone offering to help with recovery is yet another scammer. Any advice they won't share publicly where it's open to scrutiny is bad advice.

fan_of_hakiksexydays

The comments and upvotes have me really worried now. When in doubt, inverse r/CC back to the drawing board.

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Sweet-Sort4887

This is very true. They shut everything down, your CC, banks, any business' bank accounts that you're associated with. Wildly Orwellian and Authoritative. They even took those actions if you handed out water to a trucker, or anyone who donated cash or payments through give send go type platforms.

northcasewhite

The best post on CC. Be positive. I am no longer rich but I have family and sports to play.

Kie_ra

Before dismissing this completely, let me give you an overview of how this works. If you still have doubts, I'll just fuck off and leave you in your bubble. I pay for everything using credit cards and BTC backed loans. I pay off the CC balance in full as soon as my monthly pay comes in to avoid interest charges. The rest is then split between more BTC DCA that's then sent to cold storage, and purchases of additional STRK shares, generating income and offering downside protection with decent upside potential and steady income that repays BTC loans. Liquadation risk is non-existent as I have stable employment, cash flow, and only a small portion of my stack is used as collateral. I sold my house pre-covid and fully intend to rent for the rest of my life, despite the investment growing so much I could now buy multiple RE. My NW continues skyrocketing and the introduction of STRK has made this strategy not only more effective, but also far safer compared to using MSTY for similar purpose. Basically, borrow and spend a depreciating currency while accumulating an appreciating asset, without ever having to sell or get taxed. No reason to hold any FIAT anymore.

Particular-Flow-2151

BTCI is up 60% this year with dividends included. Yeah you "limit" your upside, but you are still having great returns. That's why I said "BOTH" hold BTC for the growth, but right now there is no way to make income on that asset, you can't stake it. So the other option is to buy CC ETFs or buy the Spot ETF and sell options to make income while you hold the asset.

-Resident-One-

I'm pretty sure we already have one of those on CC, no?

Nats57

Wish I had an employer like that. Still job searching unfortunately but the Gemini CC has been great for me to use.

AlexandreSh1941

If you bought IBIT, ask your broker to enable options trading on your account. Once approved, consider selling LEAPS (long-term covered calls) for 2026 or 2027 to collect a substantial premium and lower your DCA (dollar-cost average). If your broker refuses to activate options, look for another one and request a transfer of your IBIT shares. For example, selling a covered call (CC) with a $90 strike for December 2027 could earn you a premium of around $1,600 per 100 shares. If you hold 1,800 shares of IBIT, that’s a total premium of $28,800. In the worst-case scenario, if your shares are called away, you’d sell them at $90 each for $162,000, plus the $28,800 premium — a total of $190,800. With Bitcoin, history shows that in the medium to long term, patience tends to pay off, just keep buying the dip.

harvested

There's a thread over at CC >If This Is the Bull Market, Then Altcoins Are Finished Holy shit.. It's like telling a room full of 23 year olds that Santa isn't real, half of them start crying and the other half are still trying to claim Santa is real.

brennfl81

The average person knows about Bitcoin and its adoption and legitimization is far far far greater and easy. The same is not true for coins only CC people know exist and for FartCoin2025Lulz and its shitcoin brethren.

LadyBird1281

Agreed but Bitcoin doesn't produce income. Maybe you're happy enough at your job or independently wealthy already, I don't know. I'm stock in a job I hate (for now) and diversify into dividend payers and CC funds. Once I can cover expenses, I'll quit. Not touching the BTC for as long as possible is the goal. Or finding low interest loans to borrow against it in the future.