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40 months of FREE Private Internet Access VPN and $20 in your pocket! Black Friday Deal only so better hurry!!
40 months of FREE Private Internet Access VPN and $20 in your pocket! Black Friday Deal only so better hurry!!
QUANTUMISED CENTRALISED SYSTEMATICS...Quantum Consciousness + Supremacy + Reasoning... "Theory of everything" ... ***Unlocked***
I recently learned about M0, M1, and M2 when referring to the money supply
3xcalibur's Recent Developments: A Potential Crypto Moonshot?
3xcalibur's Recent Updates and Potential Moonshot
The Future of Crypto Lending? Meet 3xcaliCredit
Alternate position: Screw dca, screw timing, do everything in your power to get to 3 btc
CREDIT SUISSE and why you should follow it closely.
Mystery Inu stealth Launched 3 Minutes | Invest in $MINU and receive FREE bags of other cryptocurrencies.
What is the real-world use case for NFT technology?
GASP! Using a CREDIT card to purchase crypto…
Cryptocurrency can make goods cheaper and stop the transfer of wealth from the poor to the wealthy. "Line go up" got this one wrong.
CRO coin does not get enough credit. You should have it even if you don’t like or use crypto.com
Introducing: SOCIAL CREDIT 社会信用 | John Xina endorsed, easy 100x considering devs made Island Doges before this project (did a 200x)
So you want to invest, but you don't have two pennies to rub together...
How to be careful with your crypto and not fall into scams.
Anyone have thoughts on Terra-Credit?
https://breedlove22.medium.com/bitcoin-is-hope-bedce21b3648 NEXO CREDIT CARD THERE IS A WAITING LIST. THIS LINK HELPS. I’m pretty excited. I get a loan and leave it there and use it as a debit card. Get%20Your%20Nexo%20Card%20Earlier
Mentions
Solana Scaling Solution #MSGA #SOL #MEMECOINS #SOLANA 09 April 2024 – In a move set to disrupt the blockchain landscape, Credit Smart Chain (CSC) announces its dual initiative of Solana scaling and a pre-sale offering, both strategically positioned to garner community support and participation in their vision for enhanced scalability and accessibility. Amidst Solana’s ongoing congestion and associated high costs, CSC’s unveiling of its Solana scaling solution couldn’t be timelier. With the aim of alleviating these pressing concerns, CSC introduces a seamless and cost-effective alternative, promising instant executions and negligible fees to drive a superior user experience and bolster profitability. Central to CSC’s innovative approach is its Solana scaling solution, comprising a bridge and a decentralized exchange (DEX). The bridge seamlessly facilitates the transition of assets from Solana to Credit Smart Chain, enabling projects to tap into CSC’s near-zero fees and instant execution capabilities. This not only expedites transactions but also drastically reduces the costs associated with liquidity pool (LP) creation. While it may cost close to $1000.00 to create an LP on Solana, it’s practically free on Credit Smart Chain. For those seeking to experience the benefits firsthand, CSC’s DEX can be accessed at http://swap.teleportstation.io, while the bridge can be found at http://teleportstation.io. This innovative infrastructure underscores CSC’s commitment to providing a scalable and cost-effective solution for projects looking to thrive in the decentralized finance (DeFi) landscape. The pre-sale offering, hosted on Solana, is a strategic move by CSC to solidify community buy-in and support for their scaling efforts on the Solana network. Offering up to 30 billion CREDIT tokens, the pre-sale targets a fundraising goal of 20000 Solana. Notably, the funds raised will be allocated towards liquidity provision (50%), marketing initiatives (25%), and long-term team support (25%), with 100% of LP tokens destined for permanent burning to ensure a deflationary mechanism benefiting the entire ecosystem. How to Participate in the Pre-sale To participate in the pre-sale and seize the opportunity to be part of Credit Smart Chain’s groundbreaking initiative, follow these simple steps: Send a minimum of 0.1 Solana and a maximum of 25 Solana per wallet to either creditweb3.sol or Biw1Gs5FMsmDtAxAL7oZ23vUgFtyErL6gjJasbKNHBB3. Upon completion of the pre-sale, all tokens will be airdropped shortly after the liquidity pool (LP) is live. Remember: 1 Solana (SOL) equals 1,500,000 CREDIT tokens. Valid : 10/04/2024 – 10/05-2024 Don’t miss your chance to join us on this exciting journey towards enhanced blockchain scalability and accessibility! “This announcement represents a significant milestone for CSC as we continue our journey towards greater blockchain accessibility and scalability,” remarks CEO Dan Ronchese. “By choosing Solana for our pre-sale, we’re not only tapping into its vibrant community but also contributing to the expansion and diversification of the Solana ecosystem.” As CSC continues to champion mass adoption of blockchain technology, its Solana scaling solution and pre-sale offering underscore a commitment to innovation and community-driven progress. For further inquiries, please contact Esme’ Wade-Davis at info@creditsmartchain.com or visit https://creditsmartchain.com . About Credit Smart Chain (CSC) Credit Smart Chain (CSC) is a forward-thinking blockchain project established in 2018 with a mission to make blockchain technology accessible to all. Renowned for its speed and affordability, CSC provides access to Ethereum’s ecosystem of tools for building EVM dApps and tokens. Committed to scalability and accessibility, CSC remains at the forefront of decentralized finance (DeFi) innovation.
backed by the full faith and CREDIT OF THE USG. CREDIT EXCUSE ME HOW MANY TRILLION IN DEBT ARE YOU RN
Investing 30K in Bitcoin or any other extremely speculative asset isn't crazy, it's USING CREDIT CARD to do it! If your NW is like a million dollars, its totally acceptable from financial health to use 5 or even 10% to gamble so even 100K would've been fine, but investing 30K if your entire NW is 30K is dumb as fuck.
email is not backed by anything, email has no value. yet without email economies would drastically shrink. the internet is not backed by anything ,the internet has no value. The US dollar is backed,by, "The full faith and CREDIT of the United states of America" . and we all have a lot of faith in that. many places accept crypto for payments on goods and services Travala . com for one . a 100 dollar bill is paper and ink= 1.75 cents.
Jesus Christ there is a difference between being bearish Bitcoin and advising against MAXING OUT 8 CREDIT CARDS TO BUY BITCOIN. It’s like I’m living in the mother fucking twilight zone. If you even suggest that people should manage their risk, people think you’re a mega Bitcoin bear. This sub is fucking nuts.
“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control CREDIT.” Sir Josiah Stamp
You’re correct, technically the fiat currency is backed by IOUs, which has a NEGATIVE VALUE if it pays back at a rate less than real inflation/debasement…. So you are correct, USDs are “backed” by DEBT/CREDIT that has a value of BELOW ZERO if the debt can’t be payed with at least break even rates.
I can't ever see a CREDIT card with no KYC If you didn't pay who would they chase ? At best there might be a DEBIT card that you preload with crypto with no KYC But KYC is probably mandatory for VISA & Mastercard got AML reasons
INNOVATIVE FEARLESS INITIATIVE i-Fi fearless.initiative.ifi@gmail.com Business Proposition & Introduction I have/feel, as if I've discovered & developed a new branch of verbal equations, Systematic processes & theories - Based around QUANTUM Physics.... > “META-PHYSICS” > “HUMAN-Consciousness” > Self- Learning “QUANTUM REASONING” (generated Data points through mobile phone devices i.e. satellite) > Self-Generated “CREDIT SYSTEM: ( Via Mobile phones) - Through the sale of Data on an instantaneous transfer of Data into “CREDIT" – self generated digital currency (“ BARTER “) This is not cash, nor crypto , nor does it possess of any value externally from the digital system. “ It can only be used to buy a non-physical-product-service ONLY “ Let me know if you wish to see my papers... I can only show yous the “SYSTEMATIC EQUATIONS” and answers. But not the Questions. I wish to protect but yet share this “DISCOVERY” ( “ If I'm wrong. Well I'm wrong. If I'm right I'm right. I’m right though cause I “KNOW” and I have never lied in my life. EVER and never got anything wrong either – I Only learnt as we all will do so today “ ) WE HAVE BEEN LOOKING IN THE WRONG BRANCHES OF SCIENCE THIS ENTIRE TIME. THESE THEORIES WERE CREATED BY WRITTEN REASONING THROUGH SOCIETAL UNDERSTANDING. NOT MATHEMATICAL....!!!!!!!! I have built a “SYSTEM” surrounding “DATA” & “CREDIT” and the sale of this “DATA” on a marketplace. And that’s it... This “ Self-generating CREDIT SYSTEMATIC PROCESS ” starts on 0 Credit. Once an exchange is made via. Currency into “CREDIT”. The “SYSTEM” pays you an increase of 25%, on €1. So in return you get €1.25. Over time applying Benfords law. By year 2 Data will have increased by a fold of 2 Trillion This is a secondary version of benfords law using societal infatuation & multiplication only. I call it... ( “Alaska’ & Zeon’ Law “) keep that one for the records. Year 1 2 trillion Year 2 x2(1trillion x4x4(x4trillion) Year 3 x2(1trillion xx16x16(8trillion) Year 4 okay I give up haha. I think that’s right. I dunno I’m no scientist. I just use my brain. Correctly Year 5 help on this one? Let’s ask QUA-TUM The system only needs 1 exchange to start growing itself... the in-fra-structure is already in place... THE SYSTEM PROVIDES THE SERVICE WITHOUT A 3RD PARTY INTERVENTION. This new system is the system. It is all of business’. It is Barter. It is everything. it is the (“ THEORY OF ALL. ARROW OF EVERYTHING “) – (Me) It only needs the development of an “APP-SOFTWARE” on the phone...its pretty basic. I have everything written down how it will work and stuff. Even an 8 year old would understand this piece of work. but a societal/credit system must be applied for it to work. Basically. The system creates itself based on all of technology we have ever created and whatever exists now. ______
Funny the CEO stating illegal activities are bad.... Lets see. Here is the form ADV from just one of their numerous companies. [JP Morgan Securities LLC](https://reports.adviserinfo.sec.gov/reports/ADV/79/PDF/79.pdf) in the 396 page PDF if you search for the term "Monetary/Fine" you can find every time they got fined for breaking the rules / law. Its just an endless stream of crime..... And this is only one subsidiary of all of JPM that does one aspect of stocks. >THE ORDER REQUIRES JPMC TO PAY A CIVIL MONEY PENALTY OF $200 MILLION, WHICH WAS PAID ON SEPTEMBER 19, 2013. AS PART OF THE SETTLEMENT, JPMC ACKNOWLEDGED THAT ITS CONDUCT VIOLATED THE FEDERAL SECURITIES LAWS AND ADMITTED TO CERTAIN FACTS, SUCH AS BUT NOT LIMITED TO: THAT JPMC'S TRADERS MISMARKED THE SYNTHETIC CREDIT PORTFOLIO ("SCP") AS LOSSES MOUNTED AND AS A RESULT OF THESE MARKING PRACTICES, THE SCP TRADERS INTENTIONALLY UNDERSTATED MARK-TO-MARKET LOSSES IN THE SCP; JPMC'S EARNINGS RELEASE FOR THE QUARTER ENDING MARCH 31, 2012, INCLUDED THE UNDERSTATED LOSSES FOR THE SCP, AND JPMC SUBSEQUENTLY ISSUED A RESTATEMENT WHICH HAD THE EFFECT OF MOVING SCP LOSSES FROM THE SECOND QUARTER TO THE FIRST QUARTER OF 2012
> Keep up the DCA AFTER PAYING OFF THE CREDIT CARD DEBT!!
>CRYPTO INTELLIGENCE NEWS REPORTED THAT LOGAN PAUL IS UPSET HE DIDN'T GET "ENOUGH CREDIT" FOR HIS ANNOUNCEMENT, AND CHANGED HIS MIND. Huh? Now we have to give credit to scammers for refunding their victims and not be such a piece of human poop? What a fucking joke.
>Aug 30, 2023,11:52am EDT > > > >I wrote over the weekend that **bitcoin** was about to reprice because the technical showed a volatility compression that very frequently precedes a repricing. [The intraday bitcoin chart CREDIT: ADVFN](https://imageio.forbes.com/specials-images/imageserve/64eefd61b28df526230ed9ec/The-intraday-bitcoin-chart/960x0.jpg?format=jpg&width=960) > >Here is that same chart over a year: [The bitcoin chart showing the last year CREDIT: ADVFN](https://imageio.forbes.com/specials-images/imageserve/64eefd924a58695f6ed8ae25/The-bitcoin-chart-showing-the-last-year/960x0.jpg?format=jpg&width=960) Bitcoin has a history of compressing volatility before major bull moves but in the broader asset arena such calm can be before a big fat drop. As such, the trader should stake out these lulls and pile in on the breakout. Then yesterday before the article was posted... KABOOM: [The bitcoin chart has suddenly taken off CREDIT: ADVFN](https://imageio.forbes.com/specials-images/imageserve/64ef5428fada841fa41e8140/The-bitcoin-chart-has-suddenly-taken-off/960x0.jpg?format=jpg&width=960) > >So is this now time to jump in for a big rally; a rally to perhaps $40,000? I haven’t, because while it is possible or even probable, this move is not a signal to jump in boots first. It is a very positive signal, but for the investor there needs to be conviction on top of technical. > > To trade in an asset in a major way, the level of uncertainty needs to be extremely low and while the chart has been trading as if its uncertainty is low, this move is “news driven” and news is a fickle indicator. Bulls will simply need a new high above yesterday’s explosive rally to confirm that a new bull is on stage with a big upside while a bear will see that if the price keeps falling off then it will be the start of a move to $23,000. What to do? To me, now is a reasonable time to start a dollar cost averaging (investing the same amount of money at regular intervals) campaign as we are approaching the bitcoin’s new halvening in April, 2024, if the effect of less supply takes some time to move the price up, like last time, a year of dollar cost averaging seems like a solid plan. So in this instance, an investor gives himself a budget, say $12,000, and buys $1,000 a month from now until this time next year. There is so much to go wrong and so much to go right in the coming months that trying to time a positive outcome of bitcoin’s increasing adoption and the halvening event seems like an impossible task. Dollar cost averaging at least will give a sensible entry price for what is ahead for the crypto believers who feel bitcoin will win out again, be that to $100,000 or £1 million. If the action starts to unfurl the way a trader expects, they can always accelerate their acquisition and if the market goes south, a 12-month campaign will soften the blow for the long term conviction holder. The lesson is broader, however. Whether it’s a crypto or an equity, compressions in volatility precede repricing events. So keep an eye out for them in stocks, commodities and Forex and well as cryptos. It’s a handy tool to keep in your investing kit. > >\- **Clem Chambers, Senior Contributor** (I am the founder and former CEO of stocks and investment website ADVFN and CEO of Online Blockchain. I am a prolific financial writer; I wrote a stock column for Wired--which described me as a ‘Market Maven’ --and am a regular columnist for numerous financial publications around the world. I have written for titles including: Working Money, Active Trader, SFO and Technical Analysis of Stocks & Commodities in the U.S. and have written for pretty much every U.K .national newspaper. In 2018, I won Journalist of the Year in the Business Market Commentary category in the State Street U.K. Institutional Press Awards. In the last few years I have become a financial thriller writer and have penned the best-selling investment how-to book: 101 Ways To Pick Stock Market Winners. Find me here on U.S. Amazon. You may also have seen me on CNBC, CNN, SKY, Business News Network, the BBC and Al Jazeera giving my take on the markets.)
And backed by the full faith and CREDIT of the US GOVERNMENT. The clue words are CREDIT and GOVERNMENT. You really do have a hard on for institutions, don't you? I'll give you that, you're not ENTIRELY wrong. They do say that. If you believe that there's no shenanigans, I've got a bridge to sell you.
I recently learned about M0, M1, and M2 when referring to the money supply. M0 refers to actual hard cash. This is real money. M1 refers to M0 plus all the money in checking accounts. So if a bank has $100, their M0 is $100. However, the banks take that $100 as their 10% reserve requirement, and they represent to 10 customers that they have $100 each. So the M1 for this bank would be $100 (M0) plus $1,000 (the money in the checking accounts of the 10 customers), equals $1,100. M2 would be M1 plus all the money in savings, CDs, mutual funds, and CREDIT. So if each customer also had credit cards with $5k limits, the M2 would be $1,100 plus $50,000, so $51,100. So when you get a new line of credit, such as a credit card or mortgage, don’t believe the lie that they tell you that it is someone else’s money they are lending you. It is new money that is introduced to the economy. It doesn’t exist physically as M0, it is essentially made out of thin air and put on a ledger. Money is created through lending.
Actually, 2024/2025 is the bull-year cycle. But If I were to decide, I would go for 2024. This bear market is my first, and it's been very terrible considering all that happened starting from the Terra crash to FTX. I feel it's high time the green returns finally. I have just been accumulating ETH, VRA, and ATOM for the past months while waiting for CREDIT, ZETA & SEI to launch. I hope all of them perform well in the bull.
It's definitely a good time. Many altcoins' price actions such as VRA, WIT, PYR, etc are going sideways, giving people the opportunity to accumulate. I'm very much excited about the CREDIT token launch coming soon. It's one of the solid DeFi protocols building on Arbitrum.
I think that's a decent portfolio. Although, I don't see much potential for Solana from here. The ecosystem lost much in TVL already, among other factors. My current holdings include but are not limited to ETH, VRA, TRIAS & PENDLE, and I have CREDIT- which is a fixed rate lending protocol on Arbitrum added as a watchlist. PENDLE performed pretty well, so I'm convinced CREDIT will be a good runner too.
The ironic thing here is that the problem is the fees the CREDIT CARDS are charging. Merchants have to pay the credit card fees which can be over 3%. So you are criticizing them for a problem with traditional payment systems lol.
I'm not really good with Technical Analysis, but I think BTC ranges between 28-30k for a while before another leg-up resume (which I expect around August this year). The altcoins I'm most bullish on include VRA, TRIAS, and DIONE. I'm watching upcoming projects as well, and I believe CREDIT will perform well in the Arbitrum ecosystem, PENDLE has been doing pretty well recently.
That's a decent list mate. For me, **Privacy**\- ATOR; low market cap, providing anonymity at scale. **AI**\- Fetch AI **DeFi**\- CREDIT; building a fixed-term & fixed-rate lending protocol on Arbitrum. **Tokenization**\- RIO- Realio
You have good points. But it's very risky going all in a project considering the nature & volatility of crypto. Maybe once the market matures it will get better. Most of my gains in the last bull were made from diversification in strong projects. and It could have been worse if I had gone all in SIFCHAIN for instance. I'm still sticking to the same strategy, buying into strong narratives- AI, DeFi & LSD with AGIX, CREDIT, RPL, VRA etc at the top of my list. This will mitigate loss & maximize ROI if all goes well :)
Holding worked for some people, and trading worked for some. It's important to note that not all crypto participants have all that time to spend on charts, checking price movement 24/7 and buying low & selling high. One could just pick a few strong conviction plays & hold for some time frame, and of course, take profits. LINK, SOL & FRM gave some of the biggest profits in the last bull. All you had to do was to hold & take profits. I believe ARB, CREDIT, TRIAS & WIT will outperform many coins in the coming bull, and most holders in solid projects will do much better than those who trade.
>Otherwise add to ADA, ATOM, ALGO, HBAR, QNT? ATOM & QNT are good options. They are the decent ones for me here. Additionally, you can keep an eye on upcoming projects (no bagholders) as they tend to offer the best ROI. I see great potential in CREDIT (Arbitrum-based lending platform) & 5IRE (Layer-1 EVM Compatible Smart Contract Platform). Do your research.
I agree that cryptocurrencies require more adoption. I don't think current usage scenarios are as environmentally unsustainable as you say. Speculation can be a self-fulfilling prophecy, and cryptocurrencies are more efficient than traditional payment systems. For remittance, I've been using crypto payments (Stables). While banks struggle to provide 1-2% APY, stables may offer a reasonable APY with fewer risks. Airdrops provide us tokens for supporting chains and protocols early. I made about 2k on ARB and OP decreases. VELA and CREDIT airdrops may yield more. Lending and borrowing could benefit from oracle-free credit processes. The bottom line is that cryptocurrency is developing, and projects that supply utilities will survive.
Yes agreed. Credit would indeed still exist, but it would be funded by savings (i.e., output previously produced & not yet consumed). Mises made the helpful distinction between COMMODITY CREDIT--the lender lends from savings--& CIRCULATION CREDIT--the lender lends from thin air. - Caitlin Long https://twitter.com/caitlinlong_/status/1584359369319518209?s=46&t=ihVglVXC0BQSbw6j57EoaA
I only stop DCA'ing when an altcoin FA weakens. If I haven't met my accumulation stack & the fundamentals of an altcoin project remains strong, I will keep cost averaging. BTC halving is less than a year. I'm accumulating as much ETH, NEAR & ATOM as I can, with some stables ready to buy great fundamental plays- CREDIT & ZETA when they launch. Good luck to everyone!
Staking has always been my go to. Made profits from staking ATOM, NEAR, and JUNO last year. Now the rewards and incentives from CREDIT is what I’m anticipating. The returns are up to 45%. I’ve not really explored RWA investments, might be a good time to do some more research.
At the long run, investing on RWA would mean that your token would be in your wallet pending the time to sell. So staking could be the right option. I believe RWA also have a staking program so you can buy and stake. I have a couple of tokens similar to that, SYLO, KAVA, CRUST CREDIT
Back in 2020, I was in a similar position. I didn't have any money or a job, but I started looking for jobs (remote and office) to keep a steady flow of cash. Then started buying dips in big coins like Bitcoin and Ethereum. Started looking into new chains like arbitrum, optimism, etc. I was also on the lookout for ways to farm airdrops in the cryptocurrency world. It can change your life. From ARB and OP airdrops, I made a good amount of money. After FTX went down, I started reinvesting in low-cap projects like GMX because DEX was always in the news. Right now, I'm collecting airdrops from ZkSync, Vel exchange, and credit protocol (testnet hasn't started yet, but veXCAL lockers will get an airdrop or 25% of CREDIT platform fees will be changed for XCAL). The bottom line is that you can make some money, even if it's not enough to change your life, if you know what you're doing and have a plan. Airdrop farming is very helpful. Some of my friends made money from memecoin mania but however, I will not advise this route.
I have personally learnt a lot of lessons in this bear market. It's a cycle showing which projects are worth holding for the long term, looking at metrics & developments and which aren't. BTC & ETH are obviously the safest buys. I still have strong convictions in some existing & upcoming projects- UTK, QNT, VRA, CREDIT & ZETA. They will be massive. As one of my favourite CT accounts says, it's either one DCA with conviction at this point or one doesn't at all. Good luck to everyone!
I don't see much traction for SOL. I think INJ & ARB are likely the next big L1/L2s in the next bull. ATOM is unique, it's here to stay. The interchain security is a game changer. Especially when rewards start rolling out for Cosmos Hub stakers. Maybe ALGO & ADA will survive, I'm not following much on them. Also, upcoming projects will do extremely well. I think CREDIT, ZETA, SYNC, and SEI will be some of the best performers in the next cycle. The coming months will be interesting.
It's the inflation enabled on the asset. I still love Cosmos staking because you can't unbond instantly, takes 21 days. But I think offering staking yields based on network demand is a better approach. Dafi Protocol & Credit Protocol follow this, so the more people stake, the higher the emission, and vice versa. CREDIT even has a penalty rate for early unstakers before the 30 days epoch elapses. To each their own.
# I understand your sentiment. Many people are concerned about government regulation of cryptocurrency. I am mostly using DEXs, non-custodial wallets moving on. This makes it more difficult for the government to track your cryptocurrency transactions. Grow your crypto assets in terms of usdt, usdc, btc or eth via getting early into low-cap projects like credit protocol, lend your tokens for a constant flow of cash, farm airdrops on new chains like CREDIT using xcal, etc. Also, keep a regular job to earn some hard cash for the rent, etc. Many people are migrating to crypto friendly places like Dubai.
They feel threatened by other cryptocurrencies. Some Bitcoin maximalists believe that other cryptocurrencies are a threat to Bitcoin's dominance. This can lead them to be hostile toward people who invest in or promote other cryptocurrencies. It is important to remember that not all Bitcoin maximalists are toxic. I used to be ETH maxi but now I try to learn about other cryptocurrencies or chains. Arbitrum has been looking good and more profitable for me than holding ETH or BTC. Took my own time to learn that being maxi can cost you sometimes. Now experimenting with low-caps projects like GMX, EDE, or LVL on optimism. CREDIT is looking promising with their oracle free lending/borrowing protocol. The bottom line is it's not profitable to be a maxi tbh.
Seeing tons of airdrops posts these days, I'm just looking forward to the MOON distribution coming this month :) Other than that, I interacted with Zksync, and hoping to get some tokens next year when they decentralize the sequencer. I also bought XCAL and locked it for CREDIT airdrop.
Well, I don't have the FOMO as I have been DCA'ing the dips since last year, plus I expected a dump for May/June which is playing out now. I'm planning to buy more ETH & ATOM at their current prices, and also looking forward to SEI, ZETA & CREDIT launch. The coming halving will be epic.
It pays off. In a bull market, alts will continue to outperform BTC, but the bear market is the time to increase exposure to Bitcoin. There are still tons of undervalued & upcoming alts in the space which I believe would do well in the next bull cycle. Most especially for DeFi- FXS, PENDLE, CREDIT & KNC. When you take profit, you can put it back into BTC.
Yeah right, i can own 2-3 lambos now from my PEPE meme. Jokes apart, it's all about survival until the market situations improves or we begin the bull run. The market moves in cycles ser, gotta respect it. 2024 halving is a good narrative for the bull run foundation, until then buy the dips on spots(BTC, ETH, ARB), farm some airdrops (XCAL for CREDIT), keep the cashflow running via ETH or stables staking. And definitely keep the assets off the centralised exchanges!
Smart contract alternatives should be paid more attention to. It's what makes L2s so appealing. Polygon has worked hard to get people to use its chain, and it has been very successful. Usually, I jump from one chain to another. Right now, the Arbitrum chain is very popular. The TVL on Arbitrum has grown a lot in 2023. In March, it reached a high point of over $10 billion. Because of this, new projects on hot chains like GMX (I have a big bag), VELA, and I hope XCAL will give me good results after the CREDIT protocol because the vault strategy (ARB/USDC) might soon pick up.
I have been shedding old coins as they might have limited upside. Also, Understanding market cycles and maximising profits are key. It could be a good idea to DCA into altcoins during down markets and to trade into BTC during alt season. Additionally, I personally aim to retain a small percentage of my net worth in derivative trades or investments. Investing in low cap, high yield entities. Additionally, keep up with popular narratives. For example, AI is now trendy, thus I have AI tokens like FET, OCEAN, etc. LINA was also included due of the storyline around Hong Kong legislation. Because the CREDIT protocol is coming live, I will add some XCAL. It could lower the overall inflation pressure. The basic conclusion is that various environments call for various approaches and techniques. There is no universal fit.
Laughing in GEMINI CREDIT CARD!
> I WILL BE GIVING NO "NICE GUY" CREDIT? Never, Mr. Trump.
And here's a follow up headline from Decrypt "Trump Drops More NFTs—And Now the First Batch Is Plummeting in Price Trump wants “‘NICE GUY’ CREDIT” after dropping more $99 NFTs, but his first set of collectibles have fallen by over 50% on the secondary market." Apparently suckers are born every 10 seconds.
She is a perfect example of the fiat debt based system’s perverse insentive model… she is a product of the corruption of money… she says that “bitcoin is not backed by anything,” yet she supports the fiat which is BACKED BY CREDIT/DEBT via the factional reserve system… she is either to intellectually lazy to do proper research or she is deliberately trying mislead people.
U.S. already has that.. it's called the CREDIT SCORE. It can be used against you in so many ways (from housing, to jobs, etc)
> “Users will only be able to purchase NFTs using CREDIT CARD,” said AlexIsBuilding, a web3 developer. “Amazon has no intentions to accept cryptocurrency or wallets such as Metamask for the foreseeable future.” The first reaction is “this is bullshit”. However, the second reaction is that maybe they are taking a leaf out of reddits book and making these all about “collecting” and minimizing all talk about crypto in order to onboard new customers. I don’t think this is as dumb as we might all first think.
This morning Source : tradingsat(dot)com POURQUOI LE SAUVETAGE DE CREDIT SUISSE PAR UBS PROVOQUE UNE CHUTE DES AUTRES BANQUES
SVB SIGNATURE BANK CREDIT SUISSE These were the actors that BTC was meant to defend against. If people really believe in satoshi's vision it will rise whenever centralisation bends its knees.
Because the people bashing NFTs have no brain cells and are not looking at the big picture. Yes, money pics are trash. A CS:GO knife NFT worth $5,000 that can be sold for CASH instead of STEAM CREDIT is a GAME CHANGER.
It’s funny to see how traditional banks just throw random shit at the wall to see what sticks. Next year they’ll be doing promotions like: OPEN A BTC CRYPTO CREDIT CARD AND GET 1% BTC BACK ON ALL PURCHASES
It's a CREDIT card, it's not your money, it's theirs, so actually they can tell you where you can/cannot use it. I'm sure it's in the CC terms & conditions. That said, I have already stopped using HSBC due to their anti-crypto stance and I've told them as much. Their loss as I'm a (was) Premier account holder and worth quite a lot in fees. Now mostly happy with Revolut who don't hold any such restrictions although, they do seem to have had some sort of lovers tiff with Crypto.com as bank payments between them didn't work.
The total market cap value is a fugazi, like the stock market. Stocks and cryptocurrencys are worth what someone else will pay for it. About a month ago, there was a glitch in the NYSE, causing some stocks to plummet in value. Mcdonalds dropped approximately 10 precent, wiping away about 25billion from its market cap. The total volume was maybe 20 precent of that, it happend at pre market time. The entire crypto market used to be worth 3 trillion dollars, now it's 1 trillion. Where did it go? It doesn't exist, and never has. And it's not hard to steal your Bitcoins. A few months ago one of Bitcoin's main developers had 3.5 million dollars worth stolen. The safest form of payment is a CREDIT card. If my card were to be stolen and someone would charge a million dollars on it, I would be liable for absolutely nothing. Just be smart financially and don't get into debt.
>lmfao "YOU ARE FINED 1 CREDIT FOR A VIOLATION OF THE VERBAL MORALITY STATUTE"
THE PATH TO A BITCOIN ECONOMY: DECENTRALIZED BITCOIN-BACKED CREDIT https://bitcoinmagazine.com/culture/decentralized-bitcoin-backed-credit
Sorry for the delay, had to speak to legal about this topic. All assets deposited into our clients’ Nexo accounts remain in their ownership, except those used as collateral (in the Credit Line Wallet), which are under Nexo’s ownership while the loan is outstanding. For the credit line wallet – credit-terms section IV. NEXO CRYPTO CREDIT AND COLLATERAL, point 5. As for the rest of assets on the platform there is no need for it to be stated. Unless it's specifically specified that the ownership changes, it means that the clients remain owners of their assets as standard.
I use a small local credit union, who sent me this in September. >\[CREDIT UNION\] software does NOT integrate with PLAID. For your protection we do NOT allow integration or member account verification. We have this listed on the bottom of our website here.... I think I remember seeing that coinbase will still allow ach without plaid in a case like this. Does anyone know for sure? I haven't tried.
Omg loans and credit are cash. So when they say that stat theyr talking physical notes as paper dollars. Like damnnn iv heard soo many people say that and not have a clue that loans and CREDIT ARE CASH TOO!. Like sht man if banks only have ledgers ig that’s not cash theyr handing to people who withdraw money from their account huh?
You know the difference between a CREDIT card and a DEBIT card, right?
DO NOT BUY *ANY* INVESTMENT PRODUCTS WITH A CREDIT CARD. The interest rates will increase your required return for break-even to a level that is unachievable without engaging in some sort of fraud.
\>And banks do effectively 'print' money at the behest of the Central Bank(Federal Reserve) Incorrect. Banks create CREDIT, not money. If any bank ever creates money, please contact the secret service and report the counterfeiting operation. Yes, both CREDIT and MONEY can be used to buy things - but saying they're the same thing is false.
There is an interesting [twitter thread](https://nitter.net/CaitlinLong_/status/1584359369319518209#m) about credit on bitcoin standard: "Credit would indeed still exist, but it would be funded by savings (i.e., output previously produced & not yet consumed). Mises made the helpful distinction between COMMODITY CREDIT--the lender lends from savings--& CIRCULATION CREDIT--the lender lends from thin air."
i swear to god whenever someone wants to boast their crypto knowledge they say something along the lines "Have you ever interacted with a smart contract bro!?" That's the most basic shit, it doesn't make you knowledgable, it makes you look dumb af, explaining and understanding the logic behind ring signatures is something to be proud about. Like going to a supermarket buying something with your debit card, and bash people who pay with cash ' PFFF look at these guys paying with cash they dont understand the economy, I AM PAYING WITH CREDIT CARD, i know how economy works now' You dont know shit
Soon BTC will be oversold. Nothing to see, other than a good lesson as to why you DON'T EVER BUY ON MARGIN OR CREDIT.
Does no one use the gemini credit card? Coinbase would win the game if it had both DEBIT and CREDIT cards.
They don't create money, they create CREDIT. Big difference. What you are talking about is credit NOT money.
CREDIT IS money. What, you think most money in the world is USD? IT IS CREDIT. Google money supply. This is VERY VERY basic economics
Bitcoin will destroy credit based World….our entire 21st century world is built upon CREDIT…. How will bitcoin help to pay it off…… bitcoin is debit based currency… u need to have it … to spend it….. how will America run if it can’t fund its federal gov with BOND money…. If bitcoin is decentralised… wat is the value of America
Kraken use to be my fav but now I’m all In GEMINI; that CREDIT CARD ain’t nothing to fuck with and I’m having a blast using it. I did leave my Tezos and Cardano bag over there, chilling, staking in the Mariana Trench.
Glad I didn’t get one of those cards 💳 I was just explaining to a friend how crazy it is to get 7% plus back cash rewards on a CREDIT CARD 😮 BUT CRO slashed the heads off of everyone like they don’t care at all OMG!
Then never use your DEBIT, or CREDIT cards... Tholat is DIGITAL CURRENCY. CREDIT ESPECIALLY
Does anyone know if I can buy crypto with a Wells Fargo CREDIT CARD anywhere in the US? Trying to find an answer.
In the mainnet version you get CREDIT reward for staking GAME. With Credit you buy in-game assets like weapons or land. Or you get Credit when you battle and win from another player. Weapons have an upkeep.. this means you need income to keep them active. CREDIT will be used for all games we develop.
In the same boat. I’d rather have a crypto CREDIT CARD w/ some great rewards, but that has yet to be found.
I’m hoping some company can come out w/ a decent CREDIT CARD that offers crypto rewards. I don’t want a damn debit card. BlockFi kinda sucks at 1.5%.
I didn't get a CREDIT card because the fiat credit system told blockfi I "didn't have sufficient credit history". So I went and got a crypto DEBIT card, which falls in line more with my spending habits, anyway.
WTF IS A CARBON CREDIT?! So I can polite but I have to pay to do so?!
Actually I think BlockFi has a CREDIT crypto card - it’s available only in US as far as I know and offers cashback in BTC. It goes with a credit system that pulls info from their citizens credit scores.. But yeah, for Europe both Eidoo or Crypto. com are great! Eidoo has slightly bigger cashback and in my opinion PNT could grow more than CRO (it’s a way lower market cap). I use both and I’ve been looking to get the Binance one, too! Just to diversify as much as possible.. cause you never know!
Yes. I don't know of any crypto CREDIT cards? It's not "their chain" - it's just a non-custodial wallet which supports ETH/BTC etc. The card works off ETH at the moment (I hope that they change this soon for lower fees). So funnily enough I get USDC from crypto.com, send that to my wallet and topup the card from there. Or just send whatever funds I have from metamask to that wallet.
My macro professor in CC would sarcastically remind us every class, "Just remember, the dollar is backed by the FULL FAITH AND CREDIT of the United States Government ;)" Took me getting into bitcoin to realize how based that old man was
The wording above is they are not allowing CREDIT CARDs to buy crpyto - correct me if I'm wrong, but they'd still allow cash? Many banks in my country have done the same - i.e. no credit cards to buy BTC but you can use FIAT. Also, Australias biggest bank will soon allow Crypto trading in their app.
~~Cardano is just a whitepaper (2017)~~ ~~Cardano is vaporware (2017)~~ ~~Cardano doesnt even have light wallets (2018)~~ ~~Cardano is centralised ( July 29, 2020)~~ ~~Cardano cannot support NFT (1 March 2021)~~ ~~no one is developing on cardano, (March 2021 - plutus poineers)~~ ~~What happened to their plan to sign contracts with governments? (May 2021 - etheopia)~~ ~~Cardano has no smart contracts (13 september 2021)~~ ~~Cardano can only do 1 swap per block (october 2021)~~ ~~Cardano doesnt even have a Dex (December 2021)~~ ~~No, I meant a proper dex, not muesliswap (jan 20 2022)~~ Cardano cannot scale. <----you are here (CREDIT TO /u/Thomach45 FOR THIS MEME)
Bullish on FTM, CREDIT, TOMB
~~Cardano is just a whitepaper (2017)~~ ~~Cardano is vaporware (2017)~~ ~~Cardano doesnt even have light wallets (2018)~~ ~~Cardano is centralised ( July 29, 2020)~~ ~~Cardano cannot support NFT (1 March 2021)~~ ~~no one is developing on cardano, (March 2021 - plutus poineers)~~ ~~What happened to their plan to sign contracts with governments? (May 2021 - etheopia)~~ ~~Cardano has no smart contracts (13 september 2021)~~ ~~Cardano can only do 1 swap per block (october 2021)~~ ~~Cardano doesnt even have a Dex (December 2021)~~ ~~No, I meant a proper dex, not muesliswap (jan 20 2022)~~ Cardano cannot scale. <----you are here (CREDIT TO /u/Thomach45 FOR THIS MEME)
You cannot look at the individuals point of view without looking at the impact to the broader economy. That is inherently interconnected. People currently do, in fact, use their excess money to put into a a savings account, bonds, stocks, etc. The more of this excess money available, the more credit becomes available in the system. Savings > more bank reserves > more access to credit from banks through fractional reserve banking More bond buying > Higher demand for bonds = lower interest rates on bonds > cheaper access to credit Stocks > booming stock prices > better access to credit for growing companies through share issuances / IPOs In each of these cases, your money/savings/whatever you want to call it, provide CREDIT to the real economy. More credit means that it is easier for companies and even individuals (think mortgages) to lend money they need for their companies to grow. Not only that, but it also becomes *less risky* to borrow, further incentivizing companies to spend and grow. Remove this access to credit, because everyone is sitting on their reserves, and suddenly companies no longer have access to credit, individuals can no longer borrow to buy a house. All of this, unless they can afford astronomical interest rates which can incentivize people to borrow out their money rather than sitting on it. Also think what this does to companies cost of employment. In your examples, the price of keeping someone employed (with the same wage) goes up over time, as the currency is deflationary. At the same time, the price of goods and services being created by the company also goes DOWN over time. That is just unsustainable.
Exactly. Do you not still use banks to dabble in cryptocurrency? How do you buy bitcoin and ethereum and Cardano etc? Don't you deposit money to an exchange with a DEBIT/CREDIT card?? And when withdrawing, where do you withdraw to? Not into a bank account? The difference is instead of letting your money sit in a bank you put it in a virtual ledger, so perhaps that's why the bankers are unhappy and the people feel like they're fighting back. And the exchanges themselves, aren't they regulated wherever they are registered as a business(like a bank is)? Look I'm into crypto, but I'm under no illusions of what it is now, just another 'stock' market open to more people, whose value is measured in, guess what, fiat currencies. Maybe the goal will be to perform everyday transactions in crypto without ever having to convert back to fiat because then it'll have the status fiat has today. But it is only half possible. Money must and will always have a physical form. This idea of virtual money ONLY is idealistic and fancy and only holds merit in utopian realms. When things are rough and hard and chaotic, people trade goods in the sewers, with hard money (coins, barter trade etc) And any student of human history knows war is a feature. These 'soft' infrastructure we have now are easy to destroy. A physical form of money will always be relevant when other forms are unavailable. Perhaps a physical form of crypto is required, decentralised, but that's a whole different matter TLDR; Trade in cryptocurrency if you can spare the money. It's made people rich. But it's no different from some stock market and most people are in it to get rich not to fight a battle of ideals
Yes, but do you not still use banks to dabble in cryptocurrency? How do you buy bitcoin and ethereum and Cardano etc? Don't you deposit money to an exchange with a DEBIT/CREDIT card?? And when withdrawing, where do you withdraw to? Not into a bank account? The difference is instead of letting your money sit in a bank you put it in a virtual ledger, so perhaps that's why the bankers are unhappy and the people feel like they're fighting back. And the exchanges themselves, aren't they regulated wherever they are registered as a business(like a bank is) Look I'm into crypto, but I'm under no illusions of what it is now, just another 'stock' market open to more people, whose value is measured in, guess what, fiat currencies. Maybe the goal will be to perform everyday transactions in crypto without ever having to convert back to fiat because then it'll have the status fiat has today. But it is only half possible. Money must and will always have a physical form. This idea of virtual money ONLY is idealistic and fancy and only holds merit in utopian realms. When things are rough and hard and chaotic, people trade goods in the sewers, with hard money (coins, barter trade etc) And any student of human history knows war is a feature. These 'soft' infrastructure we have now are easy to destroy. A physical form of money will always be relevant when other forms are unavailable. Perhaps a physical form of crypto is required, decentralised, but that's a whole different matter TLDR; Trade in cryptocurrency if you can spare the money. It's made people rich. But it's no different from some stock market and most people are in it to get rich not to fight a battle of ideals
If YOU think 1 MILLION trees is a lot... SPE (Save Planet Earth) has 1,1 BILLION trees contracted to plant in different country's to sell carbon credits to offset co2. 🌲 Just look @ their [whitepaper](https://www.google.com/url?sa=t&source=web&rct=j&url=https://saveplanetearth.io/SPE_WhitePaper.pdf&ved=2ahUKEwjA_Mr9gKz1AhVN-6QKHWzAAQMQFnoECAYQAQ&usg=AOvVaw0BRyv9kKhR-Vt-UZIZ9eFJ) SPE WILL BUY BACK AND BURN 5% OF EVERY CARBON CREDIT. SIMPLE MATH: 1.100.000.000 X 30 (GENERAL PRICE OF 1 CARBON CREDIT) = 330.000.000 / 100 * 5 (% BUY BACK AND BURN) = 1,65 BILLION $ BOUGHT BACK AND BURNED. SPE IS A REAL GEM PEOPLE. 🌲🚀
Too late. LINE OF CREDIT IS A BEAUTIFUL THING
I enjoy litemint.io, it pays in CREDIT which can be exchanged for XLM on the sdex and cashed out into USDC quite easily. That said, it won't make you rich and it's just a card game and will get boring eventually.
It’s irrelevant, if he is THE CREATOR and all he wants right now is the CREDIT (if he’s Satoshi we know he’s using the court for the money cause,you know) from the powerful ,decentralized world-community he created , why would he use ANY COURT? He literally can prove it in 10 minutes to all of his believers, in a DECENTRALIZED WAY, NO GOVERNMENT NEEDED and the whole world will know about it in literally 10 minutes. Sounds like a very SATOSHI thing to do,while going to court is just… ridiculous
>Eh, in a roundabout way they kind of do. No, they don't. They create CREDIT not money. Big difference. I told you, if they actually print money, you better call the Secret Service. > > >Give a bank $10, they can now loan out $100 to consumers. That's not how it works. Start your own bank and put $1000 in the bank. Do a car loan for $10K. Customer takes that check to the dealership, who then deposits it in THEIR bank. That bank now asks your bank for $10k. You don't have it. Result: Bankruptcy. Your bank is closed. FDIC cuts you a check for your $1K deposit. How it REALLY works: Deposit $10K, loan out $9K. Keep $1k in reserves - on deposit in your vault or in the Fed. ​ > They don’t have $100 to loan? Borrow money from the fed who then “prints” the money out of thin air and loans it to the bank, so the bank can then loan it to consumers. You cannot borrow from the Fed without having sufficient QUALITY assets to make it happen. This means Treasury bonds/bills, municipal bonds, or AAA corporate bonds. The Fed issues credit not printing money. The ONLY place that PRINTS money is the Bureau of Engraving and Printing, US Treasury. Period. The fiat system is rigged, but you gotta understand it properly.
Need some actual CREDIT cards with good rewards instead of always debit cards
dropping VISA CREDIT CARDS, not visa completely, also only in UK which can be avoided by using Curve. shilling.
Wait, I can use my credit card to buy crpyto instead of always depositing the money? I WANT MY CREDIT CARD POINTS!
Wait, CREDIT not Debit cards? Who's doing Credit cards?
I use Revolut for stocks. They do quite alright for buy and hold. When we talk crypto, the picture changes - those goddamn fees. I have premium account, so I get 1.5% fee, for BUY and SELL. The fee is not on the original amount so if you hit a jackpot and triple you investment, you will pay triple the fee. You can't withdraw the coin, can't send it to someone else and can't stake it. All in all, stay away from Revolut crypto - you need to get 5% gains to be on 0 return. HOWEVER, they want to get a CREDIT card with cashback in XLM - that could be really nice, I sure would want one based solely on the ease of use. It's nice to get your toes wet with Revolut crypto, but I suggest you don't do serious stuff with it - learn the basics and move to Binance.
So you are saying CDC should, for a DEBIT Card rewards program with a highly volatile token as the rewards, follow the same rules as a scammy old bank with rewards on a CREDIT card?
Not even in the slightest. You’re actually listing reasons to be against government. Let’s use your example: healthcare. The reason healthcare products are super expensive is because of PATENTS, which eliminate the opportunity for free market competition(which drives prices down). Feel free to check the prices of life saving medicine PRIOR to the introduction of patent law. As for the Texas power grid… did you know that using solar gives you a…. TAX CREDIT from the government? That’s because the government gives tax dollars to big businesses (cronyism) to incentivize whatever they want, currently it’s “green energy” and it will be until we need another war. Every action that legislators take attracts the people most suited to exploit it. The worst part is that it’s usually a lobbyist from a big corporation looking to sway laws towards their own favor.