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Hey there, everybody, tomorrow at 3:00 PM PDT/12:00 AM CEST World of warcraft classic hardcore will start, join us for the "The Bitcoin Builders" guild, once the guild is founded. Let's see how the FIAT-System in WoW. Will be on the Alliance on the Server Stitches (like our FIAT system).
Base chain, an ethereum layer 2, overtakes cardano in TVL only 2 weeks after official launch
How do I trade crypto more efficiently with their large ranges?
Atomic Wallet AmA Tomorrow! Sept 20 2022 @ 10a PDT / 17h UTC
Invitation: Crypto Tax AMA with CoinTracker's Head of Tax
Small Account Challenge - Week 2 Roundup - 130% Portfolio Gain - Strategy and Lessons learned so far!!!
GBTCF Twitter Spaces today (9:30 pm Norway time, 12:30 pm PDT) ... Stories from the Norway Bitcoin Community
Join us for our voice AMA with BANANO at 5 PM UTC (12PM CT)
*Potentially a very novice question, but I’m starting out no judging.*
[Fiction] Crypto-Apocalypto: “Little Brown Specks”
Join us Tomorrow for a Talk with u/CryptoTaxLaywer for all your queries on Crypto taxes! 9th November 2021 [7 pm PDT]
What type of regulation we want for all those wondering why we are pushing for regulation
🚨🚨🚨Yesterday's Coinbase Outage was a Covert Robinhood Buy Button Moment!🚨🚨🚨
print screened today 13:07 PDT coinbase wallet. what’s happening?
Can someone help me understand what happened to BTC around 4:45am PDT
Join us for a Talk with Kevin O’Leary aka Mr. Wonderful! Nov 3rd, 2:00 pm ET
actually commission free trading/ scalping?
MagnumCoin| Launching in Now! | Experienced devs | Locked liquidity | Great tokenomics! |
XMR.radio Broadcasting Live from Defcon Monero After Party at 9:00 PM PDT
XMR.radio Broadcasting Live from Defcon Monero After Party at 9:00 PM PDT
What timezone does a new day start on Reddit?
The Denshi Show premieres today at 12PM PDT on XMR.radio
Crypto Whales Suddenly Move Billions of Bitcoin Within 14 Minutes
Dictator DOGE - Presale Today July 28th |Hyper Deflationary Token | Auto Boost Buyback | Gaming dApp | 8BNB shilling contest | Audited contract w/Quillhash
DICTATOR DOGE Today July 28th!!!! |Hyper Deflationary Token|Auto Boost Buyback|Audited contract w/Quillhash|Crypto Gaming dApp|8BNB shilling contest!!
The broker TradingView let’s you trade top 4 crypto and stocks in the same account. Here’s how it’s shifted my perspective:
Dictator DOGE 🔥 Presale Today July 27th | Crypto Gaming dApp | Hyper Deflationary Token | Auto Boost Buyback | Audited contract w/ Quillhash
Jack Dorsey vs Elon Musk Face-Off at B Word Event
Elon Musk, Jack Dorsey and Cathie Wood live in 2hrs (11am PDT) here
How, When and Where to watch the B word today
How to watch the B-Word Conference (with Elon Musk, Jack Dorsey and Cathie Wood etc.)
Your Daily Crypto Summary for July 21
Big Tech's next move for Bitcoin tomorrow? I think so.
Take a deep breath. Here is how the world changes. This is Big Tech's next big move for Bitcoin.
Cathie Wood, Jack Dorsey, Elon Musk and many more will discuss everything about Bitcoin tomorrow (July 21).
A discussion is happening between Jack Dorsey, Cathie Wood, and Elon Musk. Here's why I believe it's going to introduce institutional money into crypto.
Elon Musk, Cathie Wood, and Jack Dorsey will be onstage live together talking about Bitcoin and the role it can serve for institutions across the globe. 9AM PDT on July 21, 2021
WhaleSafe Presale July 19! Revolutionary Business, Payments, and DEX Trading Platform | Stop Getting Scammed: Doxxed Silicon Valley Devs | FIRST EVER Tokenomics | Next SafeMoon but w/Faster Releases
😻Mau Token 😻 | BSC | presale tomorrow | No tax. No huge supply. Just pumps.
Fair launch one week ago: 100x already now at 3m MC 🚀 Don’t miss out on the latest addition to the viral Doge family 🐕 $MommyDoge comes with super cool NFT gaming cards 🃏 on launch day and is already listed on OpenSea.io 💎 Community going viral on Telegram!!
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TruBadger I $TRUBGR I 23 days old I $23M Market Cap I Coin Gecko listed. Watch the AMA’s this week 🔥
Fair launch 48hrs ago: 100x already now at 3m MC 🚀 Don’t miss out on the latest addition to the viral Doge family 🐕 $MommyDoge comes with super cool NFT gaming cards 🃏 on launch day and is already listed on OpenSea.io 💎 Community going viral on Telegram and Reddit
Fair launch 12hrs ago: 100x already now at 3m MC 🚀🚀🚀 Don’t miss out on the latest addition to the viral Doge family 🐕 $MommyDoge comes with super cool NFT gaming cards 🃏 on launch day and is already listed on OpenSea.io 💎 Community going viral on Telegram and Reddit
Fair launch NOW :rocket::rocket::rocket: Don’t miss out on the latest addition to the viral Doge family :dog2: f$MommyDoge comes with super cool NFT gaming cards :black_joker: on launch day and is already listed on OpenSea.io :gem: Community going viral on Telegram and Reddit :fire:
MommyDogeCoin Don’t miss out on the latest addition to the viral Doge family 🐕 $MommyDoge fair launch 3rd of July 🚀 She comes with super cool NFT gaming cards on launch day and is already listed on OpenSea.io 💎
Don’t miss out on the latest addition to the viral Doge family 🐕 $MommyDoge fair launch 3rd of July 🚀 She comes with super cool NFT gaming cards on launch day and is already listed on OpenSea.io 💎
🚀THE NEXT Baby Doge Coin🚀MiniDoge - Presale Friday July 2nd! ! Built for holders, Autoboost Token, Great community, GreatDevs! Potential Moonshot! 🚀100x🚀
Play2Earn - Coin Hunt World (USA/CA only at this time)
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DaddyShill! Launching Soon | Liquidity will be locked | Ownership will be renounced | Join the Community now🔥
A new coin is launching between 14:00-15:00 UTC! | Daddy... Shill! | Stealth Launch 🔥
Daddy... Shill! A new coin is launching between 14:00-15:00 UTC! | Stealth Launch
$EDU | Education Oriented Token | Tutoring App release in 3 Days | Fair Launch in 1 Day | Anti-Bot/Whale | Tech Rate Initial Audit | Come Learn With Us
Breaking: Brave (BAT) and Origin Protocol (OGN) have joined forces once again and are celebrating their strong and long-lasting partnership with the launch of an exclusive NFT drop named TABONG . Looks like they're cooking something big for the future. Auction live the 9th of June, only for 30 mins!
Rare Gem AlphaEx yount not going to want to miss this
🚀 AlphaEX | Microcap Great entry price right now, chance to enter rewards window STILL OPEN! 💎
Cosmos Community Interview Calendar for the First Two Weeks of June
Cosmos Community Interview Calendar
MemeFi - Blowing the whistle and calling timeout on the bear market. Presale starting soon!
Weentar is building the future of social media! Lil Yachty partnered | 3,000+ holders | 12,000+ active Telegram | Presale ended yesterday | Liquidity being added to Pancake Swap today!
Deflatorade (RADE) -Going live at 12PM PDT- Liquidity Locked and Rugproof!
Deflatorade (RADE) - Going live in less than 2 Hours - Liquidity Locked and Rugproof!
🚀KimJongMoon ($KIMJ) ☢️ Livestream AMA 5/5 at 9am PDT (4pm UTC)
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Golden State Warriors Launch NFT Collection, Accepts Only ETH As Payment
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Republic Releasing BEP Token in Less Than 10 Minutes!
Mentions
If you are in to gaming and think the market has space for play and earn games look into PDT or ParagonsDAO is at huge discount now. The treasury of the DAO x Coin price evaluation is at least 50% of what it should be if you take into account how much money the treasury has. Let me know if you want help geting to it
2018 I wanted to learn to trade… sub $25k account so PDT rules apply. So I went to FX and crypto…. I didn’t know what I didn’t know, it took me a while… 1st bought BTC around 5k and panic sold for a loss lolz… anyways, chased the 21 pump and got rekd spring 2021… held my meager sats on block-fi, thankfully moved them out a month b4 they collapsed… traded them for ATOM and was LPing it on osmosis with UST… so dodged the bullet but got hit by a bus… Anyways, I DeFid the winter and kept myself about delta neutral… I had a bunch of MOONs I earned (some I bought) and I took a portion of that and started my official BTC bag in the autumn of 2023… Reddit killed MOON and I sold the dead cat bounce and put the rest into BTC. I bought the dips through late 23 and all the big dips of 2024… I still hold a little bit of cosmos stuff (mostly AKT) but I plan to sell that early next year. Then I’ll be 100% BTC from here on out… I’m just gonna watch and see what is happening next year. If we really, truly go sovereign wealth, I’ll hodl forever. If it doesn’t happen (my guess) I’ll be looking to exit most of my BTC w a plan to re-enter w all available cash in about 18 months… I’ll be DCAing a small portion of every check into my trading account till next winter and still DCA in after that for next cycle…
This happens in a lot of markets, one performer does well and then people pile on to similar follow-on trades. Think about when RoaringKitty came back and GME pumped again, other memestocks like AMC went up too despite not really being related. So when the leading crypto starts making headlines for hitting new ATHs, people want to get in on the action but also feel like they're too late for BTC. It's also easier to trade between assets in crypto(better swaps, no waiting for settling, no PDT rules) so rotations tend to be more fierce.
they need to get rid of ridiculous PDT rule first
I can't comment on that, but those exchanges are sketchy. I think several were busted putting through fake orders to give the appearance of increased volume. I think automation goes on in all markets, but at least index futures are regulated. Futures started as a way to stabilize prices for commodities and now you can trade futures based on indexes as well, such as the S&P 500. These, much like most crypto, serve no purpose other than speculation. They are easy to trade because selling short doesn't require margin, no PDT rule, near instant settlement. Sadly, though, most people lose money and lots of it. It isn't really a way to get rich.
Had couple options. Was up 5k and couldnt sell cause of PDT. Sold for 2k loss. The stock itself is not worth holding now that these etfs exist imo
PDT rule didn't let me sell. From up 5k to down 2k. Tell me how PDT protects the fucking investor
I wanted to learn how to daytrade... I definitely didn't have $25 k ... no PDT rule for crypto
This was from Reddit user just a year ago: It used to be that if you were a PDT (Pattern Day Trader) and fell below 25K, you could switch your account over to have 3 day trades every 5 days, and still have margin (2X). You were allowed to do this three times a year. Or if you ran out of Day Trades, you could wait 90 days and get them back again. Or you could fall below 25K and still trade, but not Day Trade, keeping your margin intact (4X Buying Power). However, now the new rule is - If you are a PDT and fall below 25K, you cannot trade. You can ask only 1 time to be given the 3 day trades every five days, but that is it, 1 time - forever. Otherwise, if you fall below the 25K you either have to put more money in, or you have to switch your account over to a cash-settled account. Then if you ever want to be a PDT again and go back over 25K you need to apply once again for margin with the broker (right now, if you fall below 25K you can continue trading and once you go over 25K your account automatically switches you back to being a PDT). So if you are hovering around 25K and fall below it, closing the day out below it, be prepared to have your account frozen, unable to trade (I am sure you can close trades but that is it), unless you either get it back over 25K or you switch to a cash-only account. They (the Fed) claim this is because of all the MEME stock trading, and the ability to wait 90 days until you can Day Trade again - that every three months they would see a huge spike in activity causing a lot of volatility - so naturally they wanted to protect traders from themselves (because they just care sooooo much). Anyway, you should all be aware of this. I think I got this all correct, typing quickly and it was a phone conversation I had with Ameritrade so hopefully I relayed it all accurately.
They have a deadline today, do you not read your email? * April 7, 2023, 5pm PDT - Bank Account Setup Deadline for Wire Withdrawals * April 14, 2023, 5pm PDT - Trading Deadline * April 24, 2023, 5pm PDT - Fiat Wire Withdrawal Deadline * April 27, 2023, 5pm PDT - Fiat ACH Withdrawal Deadline * April 29, 2023 - Last Full Day to Withdraw Cryptocurrency
Bittrex US is closing due to unknown regulatory issues. The US Gov is just making it too much of a headache for them to bother. They plan to keep their Bittrex Global division going. They've emailed all their users with this timelime. You can see they laid off 83 workers in Feb this year https://esd.wa.gov/about-employees/WARN The time line from their email: As you have been previously notified, Bittrex U.S. will be ceasing its operations (see our full statement here). All trading for Bittrex U.S. customers will be halted on April 14, 2023, 5pm PDT, and all account access will be disabled at 12pm (noon) PDT on April 30, 2023. You currently hold cryptocurrency and/or fiat on our platform that you must withdraw according to the following timeline: April 7, 2023, 5pm PDT - Bank Account Setup Deadline for Wire Withdrawals April 14, 2023, 5pm PDT - Trading Deadline April 24, 2023, 5pm PDT - Fiat Wire Withdrawal Deadline April 27, 2023, 5pm PDT - Fiat ACH Withdrawal Deadline April 29, 2023 - Last Full Day to Withdraw Cryptocurrency The last full day to withdraw your cryptocurrency is April 29, 2023. After that time, we will disable any remaining accounts. After this date, user accounts will be disabled, and any remaining funds may be unavailable for an extended period.
I think you’re confusing it with GFVs…good faith violations. They better keep their grubby hands off of a PDT restriction for crypto wallets/accounts.
Nope that is not the same. There is a token called PDT that is token to govern a dao that invests into the parallel ecosystem, but it's not an official token from Parallel. https://www.coingecko.com/da/coins/paragonsdao
Yup. Just look at PDT rules. SEC hates retail investors.
Bitcoin price as of today, 15:27:04 PDT is $16822.29. This was posted as reference to any future thread readers. Upvote if useful!
Many regulations hurt average investors. The PDT trading rule is ridiculous and hurts many traders that don't have a ton of money, for example.
Yep, regulation is going to hurt the little guy. Say hello to a PDT day trading rule (where you have to have a minimum of $25,000 to actively buy and sell crypto), possibly trading hours, trading licenses......regulation always ends up benefitting the top 1%.
>If everyone owns paper BTC, especially futures All /BTC is essentially 5 bitcoin, that's the notional. It is provided by the CME, an American global markets company. It is the world's largest financial derivatives exchange. Name a brokerage firm, they use CME products. BTC futures actually provide liquidity, essentially creating a two sided market on their product, something you can't do in the US for digital assets. Futures are its own breed with different tax code, non PDT ruling, non-standard (beneficial) margin requirements. ​ >Your futures contract can go to 0 so I'm not sure how you assume a max loss of 30%. Maybe I misunderstood. If the futures go to 0, that means bitcoin goes to 0. I'm talking about options on an ETF that follows /BTC, not BTC. Reason this ETF follows /BTC and not BTC is regulation in US. It's a work around. If you go long an option, call or put, it is defined risk. If I bought a leap on **BITO** for 400 DTE for 3.00 (300 USD), and BTC going to 0, I can only lose 300. The benefit is you have the exposure and potential benefit of theoretically 100 shares. BITO is currently 10 USD, so 1000 USD. ​ >It's not sound advice. Only where there's risk do you see your discount. I never said this was advice to people. It is more of a statement and discussion. The risk for crypto is still relatively high, even with this downfall, that is exactly why I prefer my idea on buying a leap rather than owning 1000 equity in BTC.
in r/collectibleavatars they released an announcement yesterday saying they’d drop today, and then this morning on the explore page of the App Store it showed an “event” happening in the Reddit app at 12:00 noon PDT.
At the beginning of 2020 I got into stocks, I funded an account and started buying my first stocks. Then found out about swing trading so I wanted to do that. The. Very quickly learned about the PDT rule. Learned that crypto doesn’t have that and I can still lose my money just as fast if not faster. Seemed like a no brainer.
Date and time: Thu, November 3, 2022, 9:00 AM – 5:00 PM PDT Location: Fort Mason Center 2 Marina Boulevard San Francisco, CA 94109
I've been following MATICUSD and since you can trade as much as you want while under the PDT as long as you have funds settled. But it only moves fractions of a penny at a time and I'm wondering if there is a better crypto that's just as easy to follow and draw trendlines on and I can trade and make some cash while I'm paper trading stocks some more. Thanks in advance
At least we don't have to take care of a lot of things to PDT.
Markets Tesla’s Bitcoin Dump Leaves Accounting Mystery in Its Wake Supercharging Stations As Tesla Inc. Readies Production Boost Photographer: Angel Garcia/Bloomberg ByNicola M White+Follow July 22, 2022 at 10:47 AM PDT Tesla Inc. made waves this week when it announced that it had dumped the bulk of its Bitcoin stash. Selling 75% of its cryptocurrency gave the company a one-time cash infusion, Elon Musk’s electric car company said, but the battered value of its remaining Bitcoin also dinged profits. Exactly how crypto helped and hurt Tesla’s bottom line is difficult to disentangle, however, based on what it told the public on earnings day. Current accounting rules—or lack thereof—play a big role. “Tesla’s disclosure is really vague and not transparent,” said Vivian Fang, accounting professor at the University of Minnesota’s Carlson School of Management. “It is very difficult to realize exactly what is the realized gain and what is the impairment charge.” This is what we know, based on the company’s shareholder letter: The sale added $936 million in cash to its balance sheet, but impairments impacted the company’s income. The company’s remaining pot of digital assets as of June 30 was worth $218 million, a reduction of more than one billion dollars from the previous quarter. The company booked a “depreciation, amortization, and impairment” charge of $922 million, but it didn’t break out what’s captured in that figure. The 30-page slide deck, of which nine are pictures, mentions Bitcoin twice. BWrite image Listeners to Tesla’s earnings call on Wednesday got a little more color, but not much. Chief Financial Officer Zachary Kirkhorn told analysts that the gain the company realized in selling Bitcoin was offset by an impairment charge, “netting a $106 million cost to the P&L,” referring to its profit and loss statement. Tesla recorded the charge in the expense line item, “restructuring and other,” Kirkhorn said. The shareholder letter lists restructuring expenses at $142 million, but the company doesn’t spell out what else is in that expense bucket. The shareholder letter doesn’t mention $106 million. Tesla didn’t respond to requests for comment. Tesla’s Incomplete Information This dearth of information leaves questions that may or may not get answered when the company files its 10-Q—a document that includes more details than a brief earnings report—in the coming days. “I’m anxious to see the actual filings—to see if they disclose the date that they sold, the price that they sold at,” said Aaron Jacob, head of accounting solutions at TaxBit, a cryptocurrency software company. “They may not disclose any of that.” Tesla isn’t compelled to do so. No part of US generally accepted accounting principles spells out how companies must account for cryptocurrency or other digital assets, nor do they mandate the type of information companies must reveal in their footnote disclosures. Businesses follow guidance from the American Institute of CPAs that says those that don’t qualify as investment companies should account for crypto holdings as intangible assets. This means companies record digital assets on their balance sheets at historical cost, minus drops in value during the period. The upshot is that companies only get to record price dips—never recoveries, if the value rebounds. For volatile digital assets, it almost always means companies have to record impairments, even if they’re only losses on paper. ‘FASB Has No Disclosure Rule’ “Right now, FASB has no disclosure rule, zero,” Fang said. “The only thing we know they need to tell us is the cost of whatever Bitcoin holding they have, and if there is an impairment, they have to recognize the impairment charge.” The Financial Accounting Standards Board is in the early stages of writing rules to fill the digital asset guidance gap. It has fielded hundreds of requests asking for rules that allow companies to reflect the fair value of their crypto holdings, so they capture not just the lows, but also when crypto values spike. Accounting impairments drag down earnings for companies that bet big on Bitcoin. Enterprise software maker MicroStrategy Inc., which holds the most Bitcoin of any public company, has had to record millions in losses because of the accounting. It voluntarily discloses a bevy of information about its crypto, including the average purchase price and the coins’ fair value during the quarter, as a supplement to the official accounting. Tesla in February 2021 announced that it had bought $1.5 billion worth of crypto and that it would accept Bitcoin as payment for cars. Two months later, it sold 10% of its stake, generating $101 million from the sale. CEO Musk has touted the value of Bitcoin and cryptocurrency in general. “This should not be taken as some verdict on Bitcoin,” Musk told analysts on Wednesday. “It’s just that we were concerned about overall liquidity of the company given the Covid shutdowns in China.” To contact the reporter on this story: Nicola M. White in Washington at nwhite@bloombergtax.com
PDT rule? Bitcoin? Sounds like you have a gambling problem. https://www.gamblersanonymous.org
Not want to die. 7yrs ago I took interest but I went stock market route instead. Still can’t do shit because of PDT rule.
Date and time July 03, 2022 06:22 PDT Amount 0.05000000 BTC Exchange rate @ $19,110.40 / BTC Subtotal $955.52
Binance.US Will List LTO Network (LTO) | Deposit Now Trade LTO/USD and LTO/USDT starting June 9, 2022 at 5 a.m. PDT / 8 a.m. EDT. Buy LTO Network (LTO) with Bank Transfer (ACH), Debit Card, or Wire Transfer once trading goes live. https://support.binance.us/hc/en-us/articles/6615781024535
Binance.US Will List LTO Network (LTO) | Deposit Now Trade LTO/USD and LTO/USDT starting June 9, 2022 at 5 a.m. PDT / 8 a.m. EDT. Buy LTO Network (LTO) with Bank Transfer (ACH), Debit Card, or Wire Transfer once trading goes live. https://support.binance.us/hc/en-us/articles/6615781024535
“BTCAUCTION-USD standalone auction live at 4pm ET and ending at 5pm ET Resolved - Our BTCAUCTION-USD order book has now completed the auction successfully. Orders have been matched at the opening price. Remaining orders on the book will be canceled. Jun 2, 14:21 PDT Update - Our BTCAUCTION-USD order book will now enter auction mode. Customers can post limit orders and view the resulting indicative open price. The book will be in auction mode for a minimum of 1 hour during which no matches will occur. The auction will end at 5pm ET. Upon completion of the auction, crossed orders will be matched at the opening price. Jun 2, 13:00 PDT Investigating - BTCAUCTION-USD will go live today at 4pm ET and close at approximately 5pm ET. The auction can be accessed via Coinbase Exchange APIs or the Coinbase Pro user-interface. “-i still don’t really understand what it’s for or why i would want to use it.
The fact you need 500K to participate. Same with PDT rule that was instated to “protect retail investors.” If you’re a day trader you have to maintain a minimum balance of 25K to trade freely in and out of securities. If you don’t have it you’re limited to 3 day trades per business week. Barriers to entry.
If those guys figure out a way around PDT by way of 1:1 blockchain-to-stock-tickers they'll be heroes of us poors
RECENT ISSUE @ Tue May 17 10:33:30 2022 PDT / Network issue at upstream provider. They also have this alert in bold red. I think you are right on the last thing.
yesterday at 11:48am PDT i posted that terra will not survive the month of May. at the time TerraUSD was still above $0.96 and no btc interventions had yet taken place. https://stonedfounder.com/2022/05/09/terra-network/
A Texas Tale of Tinder, Millions in Stolen Crypto and Murder A 25-year-old Texas woman says a man she met online scammed $8 million left by her murdered father. She’s now suing crypto exchanges. David VoreacosMay 5, 2022, 11:00 AM PDT It's a tale as old as Tinder: Girl meets Boy. Boy convinces Girl to hand over a large chunk of cash. Boy ghosts Girl. Twenty-five-year-old Divya Gadasalli says she never actually met the boy in question, at least not in person. But, in a matter of months, a man she knew online as "Jerry Bulasa” fleeced her of a whopping $8 million left by her father, who was murdered in 2015. That makes “Tinder Swindler” Shimon Hayut, the con man from the Netflix documentary who scammed an estimated $10 million from several women over a number of years, look like an amateur by comparison. relates to A Texas Tale of Tinder, Millions in Stolen Crypto and Murder A picture from the supposed Facebook page of “Jerry Bulasa.” Divya Gadasalli says Bulasa, whom she never met in person, fleeced her of $8 million in a matter of months. Source: facebook.com/jerry.bulasa Wealth for You Enjoying Bloomberg Wealth? To read more articles based on your personal financial goals, answer these 3 questions that will tailor your reading experience. Gadasalli, who lives outside Dallas, says she fell victim to a growing type of crypto fraud called “pig butchering” because emotionally manipulated victims’ accounts are fattened before being drained. The Federal Bureau of Investigation said the amount reported lost in romance scams in 2021 increased nearly 60% to $956 million from the year before, with $429 million of that involving investment and cryptocurrency schemes. Gadasalli’s now suing Bulasa, which may not be a real name, two other individuals who may be part of the scheme, two banks that handled some of her transfers and crypto exchanges Binance Holdings Ltd. and Poloniex, which she claims aided and abetted the theft. “The most emotional part of all of this was knowing what work my father did to put all that money together for me,” Gadasalli said in an interview, “and I just sit here, heartbroken and taken advantage of.” Gadasalli's father was a highly successful cardiologist in Odessa, Texas, before he was shot to death in a murder-suicide by a friend who apparently believed the doctor had swindled him in a business investment. Dr. Suresh Gadasalli, who was separately under federal indictment for concealing money transfers at the time, left behind a considerable fortune. Divya Gadasalli said she borrowed the $8 million from her mother, who controls the estate. The suit could be a test of fraud victims’ ability to hold exchanges accountable for transactions on the blockchain. Gadasalli’s story also suggests that even people of considerable wealth can be lured into scams by the prospect of making more money faster with crypto. ‘Nice to Make Money’ She and Bulasa formed a relationship of trust, but, in hindsight, Gadasalli thinks what happened was also about the state of her life when he first popped up on her Tinder in May 2021. She was taking a break from courses at the University of Texas, Permian Basin, because she hated taking classes online. She was also craving more financial independence from her mother. “I didn’t want her to feel responsible for me anymore,” Gadasalli said. “In that moment, I was, like, ‘Man, it would be really nice to make money.’” Jane Lee, a security architect with fraud-prevention software firm Sift, said pig-butchering scams have been fueled both by the pandemic and the buzz around crypto. “People are lonely, looking to dating apps, looking to meet and connect with people,” she said, “and then the other side of the coin is cryptocurrency is such a hot topic right now.” In the March 28 complaint she filed in federal court in Sherman, Texas, Gadasalli included a picture of Bulasa’s supposed Facebook page. It depicts a young Asian man with swept-back hair standing along the waterfront in what appears to be Hong Kong. Other photos show him near the Golden Gate Bridge and on a Barcelona rooftop. He claimed to be a New Yorker, though, and she says he sent her videos of him in the city, including at Rockefeller Center. He also quickly began sending her articles about crypto and boasted about his success investing in it. They began chatting on WhatsApp, and he got her to share personal details of her life. He started suggesting she could become a financial hero to her family. ‘Do you want to do the most amazing thing ever?’ “He was, like, ‘Do you want to do the most amazing thing ever and help your family so much?’ and I was, like, ‘Yeah, I do,’” she recalls. “Who doesn't?” The same month they met online, Gadasalli wired $10,000 to a TD Bank account held by Dong Lian, a person with whom Bulasa said he frequently traded crypto. Days later, she wired $86,000, then $100,000 to another account at Abacus Federal Savings Bank under the same name. She then transferred $200,000 to a TD Bank account she was told belonged to another supposed trading partner named Danyun Lin, according to her suit. Lian and Lin are also named as defendants in Gadasalli’s suit along with Bulasa, though she states that it’s possible all three are the same person. She’s also suing TD Bank and Abacus to try to get control of funds remaining in Lian and Lin’s accounts. TD Bank declined to comment and Abacus didn’t respond to a request for comment. Neither Bulasa, Lian nor Lin have responded to the suit, and lawyers for the three could not be identified. A key element that gave her comfort with the scheme, Gadasalli said, was that she was able to withdraw her “profits” in real cash as soon as they came in, at least at first. “There was proof in the beginning that the money I was putting in, I got real money out,” she said. “I could see it in my Chase bank account. It was real just until it wasn't.” The results were impressive and allowed her to contribute to her family. She said she was able to withdraw about $30,000 a month in the beginning. “I was, like, ‘Here you go, Mom!’” Gadasalli recalled. ‘Let Me Help You’ Bulasa made sure she knew it was all due to his trading prowess, especially in terms of timing. “A couple of times I tried trading on my own and I guess I didn't get the timing right and lost some money,” she said. “He was like, ‘Just don't trade on your own. Let me help you.’” She soon put a lot more in. Bulasa told her about a crypto brokerage where, if she deposited a certain amount, she would earn dividends on top of appreciation. In her suit, Gadasalli said she was falsely told this brokerage, called Digital Fund, was the new name for CoinFund LLC.
Post is by: PassengerOk162 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/u1ysr7/potentially_a_very_novice_question_but_im/ When purchasing Bitcoin on Coinbase, why did I get charged more than the current coin price? I purchased it on April 12, 2022 05:53 PDT (13:53 GMT) @ £31,299.27 / BTC - , however, when checking the price of Bitcoin at that time above it was actually valued at £31,150.31. I was also charged a purchasing fee - around £3 and was wondering if this was partly the reason for the discrepancy. Probably a very basic query and post will be deleted once i know. - Thanks in advance, again sorry for being unaware. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Post is by: nanooverbtc and the url/text [ ](https://goo.gl/GP6ppk)is: self **Current value:** 37 Data will be sourced from [Cryptocurrencytracker](https://cryptocurrencytracker.info/en/fear-and-greed-index) **FILTERING CRITERIA:** Winning results will be based on the value of the Fear and Greed Index **at 12 pm PDT on April 18th.** Results of the prediction will be revealed **between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I’m not in America but from what I understand the PDT rule only applies to margin accounts so you could open a cash account with a $100 and day trade stocks so your argument doesn’t really stand up. We already know how much whales can influence prices so why is everyone celebrating the huge institutional whales getting into the game? Soon enough they will have full control of the system and be able to manipulate the hell out of crypto forcing more regulation into the space.
This is true. However. Crypto is still more powerful. For example, if one wants to day trade in America —- in stocks—- with greater than THREE trades a week— one has to have $25,000. According to the PDT rule (SEC). With crypto, the every day person can freaking swing trade 100 trades in one day with $100. The power is very much still for the people by the people in the sense of earning power and wealth building / income bracket jumping … compared to the stiff jacket room of stocks.
Post is by: nanooverbtc and the url/text [ ](https://goo.gl/GP6ppk)is: self Reference Subscriber Count: 4,570,303 Data will be sourced from [r/CryptoCurrency](https://www.reddit.com/r/CryptoCurrency/) **FILTERING CRITERIA:** Winning results will be based on the difference between the subscriber count **at 12 pm PDT on March 21st and the current subscriber count listed above.** Results of the prediction will be revealed **between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Post is by: nanooverbtc and the url/text [ ](https://goo.gl/GP6ppk)is: self [Reference transaction](https://testnet.redditspace.com/tx/0x85610385c592937f084c455f24217216e656d61d4c254c2f4c186a35235945e8/token-transfers) [Data will be sourced from the community points block explorer.](https://testnet.redditspace.com/address/0x2A427a44c8E0cCFDcA09E284c53B3906fBf23C01/token-transfers) **FILTERING CRITERIA:** Winning results will be based on the number of Moons burned by the admins between the reference transaction and **12 pm PDT on March 21st.** Results of the prediction will be revealed **between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Since the fed released their notes at 11AM PDT (as of 30 minutes ago), Ethereum has jumped $80 in value.
I don't have any but my trading group love it, looking for some new FUD about ParagonsDAO (PDT).