ECHO

Superelmostar

This place is an ECHO CHAMBER!! 1. NEVER INVEST MORE THAN YOUR WILLING TO LOSE!! Please take caution, if the amount invested can ruin your life don't do it! Please dear god dont do it!!!

torvaman

OMFG THE r/CC ECHO CHAMBER IS THAT CARDANO IS GOING TO DO ANYTHING you open any thread about cardano and it's positive here, any thread on SOL its negative. The saddest thing here is you can't admit that you cant form a thought on your own, that you get your talking points from recycled posts from last cycle from people holding heavy bags just waitingggg to dump it all to break even, and that youre not in an echo chamber because youre somehow above it. Try being a counter to the consensus sometime, it's enlightening. feel free not to respond, thanks in advance.

Possum577

ECHO! echo! echo... Perhaps the hype this week is exactly why this OP is asking these questions, to this community, today. Past performance is never an indicator or promise of future results, even with bitcoin.

godofleet

ECHO

sportspadawan13

ECHO echooooo echoooooo Yep just me in here

Ispan

CRYPTOCURRENCIES Hong Kong virtual bank ZA bets on city's blockchain goals Company offers Web3 firms hard-to-get financial services  ZA Bank Alternate CEO Devon Sin, left, and CEO Ronald Iu are helping Hong Kong with its goal of becoming a cryptocurrency and blockchain hub. ECHO WONG and PAK YIU, Nikkei staff writersSeptember 21, 2023 10:29 JST HONG KONG -- Chinese insurer-backed ZA Bank is looking to ride Hong Kong's push to become a cryptocurrency and blockchain hub by focusing on clients that many traditional banks in the city have shied away from. ZA says 60 to 70 companies involved in Web3 -- a concept covering cryptocurrency, blockchain and other technologies related to the digital economy -- have accounts at the bank. Of those, 20 or 30 are looking to become licensed crypto trading platforms, ZA Alternate CEO Devon Sin told Nikkei Asia. "As a bank, we believe in the Web3 agenda, we believe this is a growth engine," Sin told Nikkei Asia. Blockchain technology could also help the bank to develop different projects on its own, he added. The company already counts the city's two locally licensed exchanges, HashKey Exchange and OSL, as customers. Venture capital and asset managers dedicated to investing in Web3 industries are also in "the pipeline" to open accounts with the bank, Sin added. The company employs 600 people and says it has 700,000 clients across Hong Kong and the adjacent mainland province of Guangdong. ZA's confidence in Hong Kong's Web3 push comes as many companies in the sector struggle to open a bank account -- a major hurdle for any business. Authorities have taken note of the issue. The Hong Kong Monetary Authority has held three meetings this year between Web3 companies and traditional banks, brokerages and industry groups, according to several sources who attended those meetings. The HKMA also provided contacts at 15 major banks, such as HSBC, Hang Seng Bank and Bank of Communications, for Web3 companies to help them get banking services, according to a list seen by Nikkei Asia. At the same time, the city is balancing incentives for crypto companies with stricter enforcement of laws and regulations. Police this week arrested eight people, including two online influencers, as part of an investigation into suspected fraud at trading platform JPEX. The alleged fraud involves at least 1 billion Hong Kong dollars ($127.8 million), according to police. A spokesperson for ZA Bank said JPEX is not a client of the bank. Sin said the bank treats Web3 companies the same as companies in other industries when it comes to account openings and does not have dedicated insurance coverage or additional personnel for the sector. He said a Web3 company can open an account at ZA in a matter of weeks. ZA helps crypto exchanges open both operational and settlement accounts. Companies use operational accounts to pay rent and salaries, while settlement accounts include dealing with money from clients who trade via their exchanges. The bank is also hoping to directly provide their banking clients with cryptocurrency trading services in the future, but this will depend on regulations. "We are interested in providing the services for retail clients," said CEO Ronald Iu. Iu declined to give specific figures on ZA's goals for attracting Web3 clients and the revenue earned from them. "I don't think we have a very specific estimate," Iu said when asked for a breakdown of revenue contribution from traditional banking versus Web3 banking businesses. "How would Web3 develop, whether Hong Kong can become a Web3 hub, which is something everyone hopes for but doesn't know how long it would take. We don't know [that] yet." Iu, formerly chief risk officer of the bank, was also cautious about focusing too heavily on any one sector due to concentration risk, citing the collapse of crypto-friendly Silicon Valley Bank in the U.S. as an example. Iu took over as CEO in March this year after former chief Rockson Hsu left the bank. ZA Bank is one of Hong Kong's eight "virtual banks" backed by various Chinese conglomerates such as Ant Group, Tencent, Xiaomi, Ping An Insurance and Bank of China. Such virtual banks have struggled to turn a profit in a city dominated by traditional giants such as HSBC and Standard Chartered. ZA Bank is backed by Hong Kong-listed online insurer ZhongAn Online P&C Insurance.

Still_Lobster_8428

>Joining the discord of the project you’re researching is a great way to do some research as well. Joining the Official Discord/Telegram/(insert whatever social media outlet here) is........ NOT A GREAT SOURCE for doing your own DUE DILIGENCE! These are the ADVERTISEMENT outlets of the project; they keep tight control over anything they deem as negitive to their project, which means you end up with a ECHO CHAMBER! Official discord or any socials gives you access to what the projects WANT you to know about them.... Not what you SHOULD know when Doing Your Own Research! This type of controlled advertising is the very thing that allows so many scams to persist and be SO successful in the crypto space! Official socials are great to keep up to date on things the project is happy for you to know about..... Just realise they are a horrendous source to actually do any due diligence!

therealdivs1210

# ECHO! ECHO! echo! ^(echo!) Wow, this echochamber is emptier than usual.

coinfeeds-bot

tldr; German crypto news outlet BTC-ECHO reported a new version of the Markets in Crypto Assets (MiCA) legislation completely deletes controversial wording that would have banned cryptos like bitcoin that rely on the proof-of-work blockchain-based algorithm. "It is crucial for me that the MiCA report is not interpreted as a de facto ban on bitcoin," a member of the European parliament said. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

gordonjglass

>On Tuesday Berger confirmed to the BTC-ECHO that the language banning proof-of-work had been eliminated. I'd be interested to know if anyone is actually mining BTC atm. In the UK, at least, the public has already been warned to expect to pay 50% more for electricity after price caps are removed next month... Probably much more profitable to mine Bitcoin elsewhere?

Jxntb733

On Tuesday Berger confirmed to the BTC-ECHO that the language banning proof-of-work had been eliminated.

Malixshak

Can I re-ECHO that? " go fuck yourself "

verdiener

The idea that the EU will ban crypto I think comes from multiple articles from different news outlets these past days, most of them titled something like 'EU on Track to Ban Bitcoin: Report' A quote from one of the news sources: 'According to a report by German crypto media outlet BTC-ECHO, the European Parliament, one of the European Union’s legislative bodies, has moved to ban Bitcoin and other proof-of-work (PoW) cryptocurrencies.' I cannot verify if this is true so it's just an observation for now.

stiviki

***ECHO CHAMBER strikes again!***

hyperfaded_

ECHO.

laulau9025

*loudly screams* ..... ***"ECHO!!??"**

stiviki

ECHO CHAMBERs everywhere I see! 🤷‍♂️🤷‍♂️

P3P3X

🗣ECHO ECHo ECho Echo echo

hyperfaded_

ECHO

joshtheflu

u/Zeus1130 **YOU ONLY THINK HE PLAYED “BOTH SIDES” BECAUSE THAT’S WHAT THE CORPORATE MEDIA AND YOUR ECHO CHAMBER TOLD YOU TO THINK**🤡 *“For the first time in the history of our country, the government has brought criminal charges against a publisher for the publication of truthful information. This is an extraordinary escalation of the Trump administration's attacks on journalism, and a direct assault on the First Amendment. It establishes a dangerous precedent that can be used to target all news organizations that hold the government accountable by publishing its secrets. And it is equally dangerous for U.S. journalists who uncover the secrets of other nations. If the US can prosecute a foreign publisher for violating our secrecy laws, there’s nothing preventing China, or Russia, from doing the same.”* https://www.aclu.org/press-releases/aclu-comment-julian-assange-indictment https://www.ifj.org/media-centre/news/detail/category/press-releases/article/over-40-rights-groups-call-on-uk-to-free-julian-assange.html https://theintercept.com/2019/04/11/the-u-s-governments-indictment-of-julian-assange-poses-grave-threats-to-press-freedoms/ https://www.nytimes.com/2019/05/23/business/media/assange-first-amendment-wikileaks.html

Theoneandonlybigmoe

Well shit, look at the upvotes brah. ECHO, ECHo, ECho, Echo, echo.

Sharkytrs

its an echo chamber? # ECHO! **Echo!** Echo! ^(Moons!) ​ well...... its a weird echo chamber thats for sure.

samuel19xd

I believe you're in wrong reddit group. Here you gonna hear ECHO!!! ECHO!!!!!! ECHO!!!!!!!!!

samuel19xd

*ECHO*

Spiderman8291

**ECHO** ECHO echo *echo* ^echo

Mustnt-Grumble

ECHO?

mg591978

ECHO, ECHo, ECho, Echo, echo