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(Repost) The reason a lot of people hate crypto
The reason a lot of people hate crypto
I can't hold it anymore... I absolutely despise everything about Ethereum
I can't hold it anymore... I absolutely despise everything about Cardano
Why Crypto matters from a tech industry veteran and previous long-time skeptic
[SERIOUS] Do people really have zero clue on how U.S. taxes on digital assets actually works? Why it's important to know how it works so you can take advantage of the law.
Please help, crypto tax is frustrating
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Stop Hunts - aka How institutions fill their HUGE limit orders
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Anyone up for an onchain battle/ small challenge?
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Almost 2,000 Bitcoin are being withdrawn from Binance. EVERY SINGLE HOUR.
All of the huge NFT sales you see are fake. ALL OF THEM.
You haven’t lost a single coin or a single red cent
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can anyone recommend a customizable crypto ticker?
Why is Crypto INFATUATED WITH INSANE APY's?
Why is CRYPTO INFATUATED with INSANE APY'S?
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It is our turn now, Class of 2021
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ZORO INU 2.0 is really popular today in Crypto world that Dev decided to create a new meme token for ZORO INU 2.0. Ownership will be renounced, so this is a community driven token |
Want some pure Hopium? I got that high quality Bluechip AND Altcoin.
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We launched and went instant to 300k and are consolidating right now at around 100k Market Cap!
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$101,306.69 MISSING! 04/2021 Locked Out of Account, Emailed Support, Followed Up Regularly, No ACTUAL Responses Until 11/2021, Funds Gone, No Access to Account, Ignoring Tickets, Duplicate Bank Deposits ( $28,469), "Free" Conversions Charged ($11,918.69), Ignoring Requests to Send Legal Documents
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I’m sick of the BS plz someone enlighten me on a way to end the suffering
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SINGLE FINANCE 20% on usdt-usdc
My Biggest Regret (story and advice from a silly human)
My Biggest Regret - Probably Relatable
Paypal just sent me $10 for being a "valuable customer - after getting thousands of $$$ of my money over the past 3+ years (not anymore thanks to crypto)
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You can upvtoe more than 14,940 times each month before you lose out on 1 SINGLE moon. If you're avoiding it to try and get more moons, you can safely stop.
You can upvote more than 14,940 times each month before you lose out on 1 SINGLE moon. If you avoid upvoting to try and get more moons, you can safely stop.
🚀Launch TODAY! MadCap Twins ($MCAP) — deflationary meme token with unique Twin Competitive Community. 30.2022 at 19:00 UTC
🚀Launch January 30.2022 at 19:00 UTC 🤘MadCap Twins ($MCAP) — deflationary meme token with unique Twin Competitive Community.
🤘MadCap Twins ($MCAP) token. 🚀Launch January 30.2022 at 19:00 UTC. Deflationary meme token with unique |Twin Competitive Community|.
🤘MadCap Twins ($MCAP) — deflationary meme token with unique Twin Competitive Community. 🚀Launch January 30.2022 at 19:00 UTC
Change your perspective about reporting of price changes denominated in Federal Reserve Note.
Mentions
This is what bitcoin does to a person. I have seen it too many times, sometimes even close friends and relatives. Please, remember, A SINGLE DOSE OF BITCOIN CAN SCAR YOU FOR LIFE!
Any PoW ledger cannot handle all the world's data. If you increase blocktimes, you disenfranchise people in a global environment and/or increase the blockchain itself, further reducing decentralization. EVERY SINGLE decision around Bitcoin's design is truly the best choice, built from the ground up to be a digital gold / reserve monetary system. There is literally no better way the system. The global system IS and WILL BE modular / in layers. That people cannot afford it or use it for coffee Txs does not negate the aspect that it is designed to minimize trust in every possible nook and cranny. P.S. - I'm sorry you're offended by written words that you can hear. CAPITALIZATION is just for \*emphasis\*. This isn't the 1990s, where all caps means "you're yelling".
Everything is dollarized in Argentina, they love dollars because the Arg Peso is so volitile but many are realizing that bitcoin is a better play if you plan to save long term. Argentina has a massive crime problem where people prey on those who have something to steal and rob them, you can't easily rob bitcoin like you can physical dollars so its a better SoV for Argentinians. Milei is very smart and has the balls unlike most world leaders and he is the best option for Argentina's future because EVERY SINGLE POLITICIAN before Melei ROBBED the Country Blind.
I wrote TWENTY TWO PAGES but he addresses A SINGLE sentence and somehow out me in my place? You must be joking
I have not done any of those three things, lol. I've asked you for one single example. One. Of your golden age utopia being better in ANY way, and you can't do it. Libertarian philosophy is just hilariously hollow. You open up a book of arguments for it, and it's an empty box with one little moth fluttering around in. As we see on full display here. It does not do a SINGLE beneficial thing for humanity. Unironically why not just fske your death and move to the deep unmonitored woods of Appalachia if you want to live by yourself with no taxes and no tax paid programs?
[EVERY.SINGLE.FUCKING.DAY](http://EVERY.SINGLE.FUCKING.DAY)
don't go into Bitcoin expecting the price to do what you think it's logical, or create imaginary price barriers that BTC won't break because "it doesn't make sense" or "this time is different". Every single person that has said that in the past 10 years got burned, EVERY SINGLE ONE OF THEM. We are always one financial crisis or black swarn event away from price collapsing, all degens getting liquidated and media calling Bitcoin dead again for the 95323th time. It has happend before many times, and it will happend again, and after all that the price will recover yet again and bitcoin will still be bitcoin.
You fell for a very commun tactic nowadays. No attacking you but it's a reminder that you need to make your crypto safer. If all your wallet got drained from a single computer infection, well... All your wallet were linked to a SINGLE COMPUTER that you also seems to use on a daily basis. Which is a very unsafe practice.
**OMG EVERY SINGLE DAY MY FUNDS ARE FROZEN ON COINBASE!** If only there were somewhere safe I could have been storing my funds all this time. Maybe on some sort of chain... made up of blocks. I can't believe those have never existed and there was nowhere to put my crypto until today, but here comes Glue to save the day!
If bitcoin increases value by 1700 percent (17x) and inflation increases 1700 percent (17x) then you've gained nothing. It will be essentially irrelevant if bread only increased 1600 percent, cars 1800 percent, bread 1500 percent, real estate 1750 percent, etc etc and so on. Of COURSE not EVERY SINGLE THING inflates at EXACTLY the same rate. But yes, either everything goes up together or everything goes down together. That's how inflation works. So yes, comparing to fiat will not be misleading.
What the fuck! Bitcoin went up almost 2k in a SINGLE one minute candle xD I've never seen that happen before
Now that's pretty funny! lol, and great idea. But if they were going to do it that way, why not just make their computer automatically search? It'd be far faster. But the OP should have worded that last bit differently, as it isn't necessary to achieve 1% of all possible combinations, in order to find ONE combination that happens to have a balance, and steal that Bitcoin. Just finding ONE SINGLE one, would really scare people away from using Bitcoin. Because now it means there is some tiny chance, you could lose it all. Through no fault of your own. It needs 100% security. I wonder what the time length becomes, had OP worded it like that.
> So you don't know anything which is the literal point of disclosure regulations lmao. No im saying YOU dont know the answer to any of those questions so You're statements on it are false because they are a literal unknown to everyone other than Ripple and the buyer. > Fraud can be rampant and investors are clueless. and yet the SEC collected thousands of slack messages, emails, internal documents and didnt present a SINGLE piece of evidence for fraud. Talk about being clueless alright. >There are plenty of secondary sales to retail and that is the part where Torres deviates from other judges. The "blind buyers" ruling deviates probably from some judge somewhere, but no where does it deviate from the law and the majority of judges. Me buying anything from Binance where I dont know the seller, I dont have a contract from them and I have no expectation of profit derived from their work doesnt constitute a sale of a security, regardless of the type of asset you're buying.
I don't think you understand. You aren't *supposed* to own 1 BTC. Statistically speaking, you won't. You have to really want it if you don't already have the money to buy one outright. If you're not willing to live in a van and eat rice and beans for 3 years, then you probably won't. The only alternative is to take a loan out for one and pay it off over time like a house. If none of those are in the cards and you aren't already wealthy or at least have savings in something else, I hate to break it to you, but you won't own 1 BTC. But don't feel bad about any of this!! Why? Because if every SINGLE millionaire woke up tomorrow and wanted 1 BTC, they couldn't get one either!! So congratulations, you are in the same boat as every single millionaire in the world. So... what do we do with this information? Just buy Bitcoin with whatever you have. I estimate realistically only 1-3% of the world has actually adopted Bitcoin. So another way to think about it is if you start buying Bitcoin now, you are ahead of 97-99% of humanity on this.
Every SINGLE think I said is completely documented. Meanwhile, your accusations against Harris and Biden are troll farm stuff. I am not a single voter issue. I am for democracy. Trump is a dictator in the making. Nope nope nope.
What are you talking about? According to 117% of Crypto enthusiasts we have been experiencing crashes literally EVERY SINGLE DAY since 2017. Even on days when Eth and BTC soured like 500% in an hour! When they dipped like 5% for 0.005 Seconds everyone still lost their fking minds because it crashed.
OP, stuff like this post, I find just really, really, REALLY aggravating. Because it's got a very serious overstatement/half-truth in it. Yeah, there was one single 100-day period of time in 2023 when the debt went up $1 trillion in right at 100 days. One time. But it hasn't grown that quickly since then, and it never did prior to that. And the only reason it went up that quick that ONE SINGLE time, was because they had just raised the debt ceiling, and right after a debt ceiling increase it tends to jump because the Treasury has a bunch of machinations to keep it from hitting the debt ceiling, which have to be reversed afterwards, creating new debt very quickly. It's like, we start paying the bills suddenly again. So the statement "The US public debt is going up $1 trillion every 100 days", seriously gets like FOUR PINOCCHIOS. The debt was $27.794 T on 7/18/24. The last time it was $26.794 or less, was on 11/29/23, and it was $26.778 T that day. Well, that's a time difference of 232 days. So it's going up $1 trillion every 232 days. NOT every 100 days. SAY IT. BE EFFING TRUTHFUL.
These are all scams To any newbies seeing this comment: You have to assume as a starting point that EVERY SINGLE crypto email you didn’t ask for are from Scammers impersonating something legit !
> "All I have to do is move ONE SINGLE Bitcoin out of that $75 Billion USD stash into a public wallet and THAT EVENT will move the ENTIRE Bitcoin market!" Okay. So do it. > "I have been asked by one of the parties to refrain from doing anything until a specific legal framework has been defined AND on my side." Okay. So you can do it, but you won’t do it until this specific thing happens. Hmm… > "I have asked that one party to contact all the other Bitcoin group inventors to ask if I may be part of a fiduciary group that will distribute the funds to a pre-defined set of charitable organizations and to a newly instantiated globally-focused small technology company-oriented startup fund that is designed to accelerate novel technological and novel social solutions to BIG environmental and BIG social problems/issues!" Okay. Sounds like somebody has a hero complex. > "$75 Billion USD can do a LOT of worldwide good and I aim to be part of that monetary distribution process to ensure that only the most technically sound solutions and/or the most innovative and groundbreaking solutions are funded to the NECESSARY degree. My only compensation will be travel and basic office expenses plus a small monthly honourarium." Okay. He’s gonna be the one to change the world. He alone will take the funds and distribute them according, all to ease suffering worldwide. This man is a modern day Mother Teresa! > "Again, the inventors of Bitcoin are a small group of English mathematicians!" Okay. Who are they? If you know, then why not name names? Why beat around the bush?
Cool so he’s gonna list the policies that will help crypto lead right? Like pushing to classify it as currency in the US? Or requiring banks to onboard bitcoin and other digital currencies? Maybe subsidies for mining? Or properly regulating to cut down on scams? Or really anything other than “we’re against what the democrats do but we’re not gonna say what we’re actually gonna do”? Anything? A SINGLE policy suggestion? No? Just more hot air? Ok, just checking.
No... it's clicking on a link in an email that has the Sender tagged as "Coinbase Support" in the label, but if you check the email address, which is usually in the next immediate field in every cleint, it's usually something like "hklsiusrdmndo@blabla.net" . EVERY SINGLE EMAIL CLIENT ALLOWS YOU TO SEE WHO THE SENDER IS, legally they have to. (I know this, I work in tech, and had to test this more than 10 years ago) So, if you , the end-user, look at that email address and choose to click on a link when it's clearly not coming from [support@coinbase.com](mailto:support@coinbase.com), you're just stupid. The internet, email addresses and email clients are not a new thing, it's fucking 2024. If people can't figure out how email works yet, I suggest to stay the fuck away from crypto... seriously, you'll lose your house and family.
yes, in fact, I use L2 EVERY SINGLE DAY :) Because I buy Bitcoin through it and send onchain to minimize the costs and UTXOs management, do you know all this?
This. Totally refutes the post. Nails it. They can point elsewhere. Now, if a SINGLE ENTITY was actually doing ALL the mining itself...then that would be a concern. But large pools, not so much.
The crypto part of this article was a **SINGLE SENTENCE** Is that all the detail we get? > Sony Group, one of Japan’s biggest and most influential companies, has jumped into the cryptocurrency market by acquiring Amber Japan.
"What is the value proposition of the token in relation of the protocol?" You can ask this question about EVERY SINGLE BLOCKCHAIN. Even the one at number 2 right now. And the shill below who responded can't even answer your question properly. Because the answer is none.
IIRC, the U.S. Department Of Defense (and all subordinate branches) consumes ~$250,000,000 in petroleum products (gasoline, diesel, JP5, JP8, lubricants, etc.) EVERY SINGLE DAY. What bitcoin consumes in energy to secure the ENTIRE GLOBAL NETWORK is a PITTANCE compared to the U.S. military's expenditures.
Ok wow… YOU are the one with the dark sordid thoughts. By probability analysis alone, and reading EVERY SINGLE post under the ID: Satoshi Nakamoto, it is obvious he is a human, a human computer programmer, probably with a Japanese fetish (hence the name, but that is just my educated guess). He talks like a human computer programmer in every message on the forums and responses. Suddenly, NO MORE MESSAGES. My guess based on probability analysis, would be he died in a Motor Vehicle Accident, Heart Attack, or way less likely a Cancer Event… and super way way way less likely, some sort of conspiracy attempt on his life… as at the time of his DISAPPEARANCE/DEATH, all of bitcoin was not even worth a fraction of a fraction of an S&P 500 company. So, like all human life, life is fragile, and it can end at any time. Try and research stuff before posting total stupidity. 🤷🏻♂️🤙🏼
We are now into your 4th fucking useless comment and you have YET say a single informative thing about Bitcoin. You haven't correct a single mistake or clarified anything. All you've done is gatekeep some kind secret club? Apparently? That you have been invited to join but the rest of us are not? Is that what you think. You haven't said a SINGLE FUCKING USEFUL THING. All you've done is try to insult me for not knowing what you know, apparently, but you won't even say what exactly I don't know ... so Yeah. Go back to finger fucking your car Feemster.
There is none. Cheeto head will promise he will off himself of it gives him more votes. This is the person that has swindled EVERY SINGLE ONE of his lawyers that represented him in court. DO. NOT. TRUST. HIM
but they're getting screwed by the banks EVERY SINGLE DAY! The thing I truly love about Bitcoin is that it gives me a small feeling of satisfaction, as though it's a middle finger to all of those that don't want us to succeed.
Then who are you talking to? You can't provide a SINGLE link of someone panicking. Are you LARPing?
My angle is simply historic happenings through various market cycles. Re assurance at this stage seems crazy to me. What is there to re assure? That btc isn't going to have a somewhat similiar bull run to ***EVERY SINGLE ONE IT HAS EVER HAD EVER?????*** Short to short-medium term I don't care what happens. Like I said come back in 12-18 months time and I would like to hope that the price will have gone up from where we are now. Or maybe this is the first ever prophesied *different cycle.* As far as not seeing the panicking posts, nearly every comment in this thread and the r/CryptoCurrency daily thread has been complete and utter fear mongering that btc is done for, for about 2 weeks now I'd say. Maybe I'm wrong and the bull run is over and this is a different cycle and if so then there will be re assurance posts from me delaying the inevitable but I don't know how at this point in the market cycle people can claim btc is done for.
I completely agree.....there's NO WAY he/she/whatever is letting 70+ billion dollars sit still without cashing out a SINGLE CENT after all this time. If "Satoshi" happens to be a GROUP of people=they ALL must've driven off a cliff riding together in a single vehicle.
First off, using a home sale is a tricky one because assuming the house has been your primary residence for 3 of the last 5 years, you get to subtract 250k (if single) or 500k (if married) from the profits tax-free. But let's use a more practical example. Pretend you make 1,000,000 LONG TERM profit in bitcoin one year, and you are SINGLE and this is the only long term gain you have. Today: * The first 44,625 you make is taxed at 0% = $0 * The next 447,674 you make is taxed at 15% = $67,151 * The remaining 552,326 you make is taxed at 20% = $110,465 Total tax = $177,616 I'm not sure what the tables look like for the Biden proposal BUT the note says: > Long-term capital gains and qualified dividends of taxpayers with taxable income of more than $1 million would be taxed at ordinary rates, with 37 percent generally being the highest rate (40.8 percent including the net investment income tax).18 The proposal would only apply to the extent that the taxpayer’s taxable income exceeds $1 million ($500,000 for married filing separately), indexed for inflation after 2024.19 The reason I used the "today" example is to remind you that the % does not apply across ALL gains. Just "gains over $X"
It's not useless. When people talk about what they don't understand I have no choice but to handhold you through the issues here. I will address your comments one last time. Even the "it's not recommended to reuse btc" DOES NOT protect you from quantum computing. See below: 1. Every-time you pay you exposed your public key. Your public key isn't stored in the transactions (only a hash of it) but when you submit a transaction you expose your public key (this is HOW they verify your wallet's digital signature). Do you understand this? Why would a miner actually submit your transaction IF they could just take your coins and keep it for themselves? Suppose you SUBMIT your transaction (it's not yet on the chain, you are asking miners to include it) to two miners Alice and Bob and you offer to pay a fee of $5 to whoever successfully includes it in the next block. Bob tells Alice "forget papy66, I already stole their private keys, I will pay you $10 to ignore papy's transaction and submit this other transaction that transfers ALL of papy66's money to ME onto the blockchain". Alice, if she hasn't already stolen your info first will say "sure $10 is better than $5" etc... Every time you pay, IF someone had a quantum computer, they could steal all those coins, EVEN THOUGH, you NEVER reused your address AFTER paying ONCE. Just the act of submitting a SINGLE transaction, NOT EVEN getting it onto the blockchain, means they can drain that address. 2. "And yes a QC could mine block faster" -- by a square root. Do you understand how meaningless Quantum Computing IS in terms of breaking SHA256? It will take a SINGLE small adjustment of difficulty to UNDO ALL the efficiency gains that Quantum Computing provide in terms of mining. The only valid opinion here is 1. Big quantum computers break bitcoin AS bitcoin stands right now precisely because Bitcoin uses secp256k1. If bitcoin can change the transaction scheme in the future to some lattice based scheme or other quantum-resistant scheme this might be okay. 2. Quantum computers will have no noticeable effect on mining. A very minor increase in difficult will destroy ANY perceived advantage that Quantum computers had. Of course that increase in difficulty means everybody NEEDS a quantum computer just to keep up, but that's already how it is today with ASICs.
Someone care to provide A SINGLE reason it makes sense to even by bitcoins at $1? To save smooth brains trying to argue invalid points, I'll include FACTS to what I hear people try to say below. 1. I want my money in a limited supply/ non government item. Ever heard of precious metals? Precious metals actually have a use case too. 2. Hidden identity for transactions. This actually not true, and your identity is actually traceable even without having done KYC. Many times you can see the identity is in fact not hidden. Laws are coming in as we speak too about tax evasion and further guidelines to what is being falsey said about crypto. 3. I can buy real time instantly. Ever heard of a wire transaction? Furthermore, the cost of the gas fees, buyung and selling the coin, etc, a wire fee outright costs less than just a gas fee and is instant. This ontop of the fact most places rightfully won't take crypto as a form of payment. 4. Crypto is the future. Crypto has been a thing for almost two decades now, and has virtually made zero progress. Insanity is doing/believing the same thing over and over and expecting different results. Crypto will never be a widley accepted currency anytime in the next century, if at all. When/if it does, it will be a revamped version probably not called crypto, nor follow the outrageous gas fees/ minners publishing formula that is used currently. Honestly, let's cut the shit. We all know there are three types of people that "invest" in crypto, and all three types are smooth brain. The type that thinks their identity is safe (doing illegal activities), the type that is anti-government that somehow overlooks precious metals as a better alternative, and the type that know this whole post but jyst buy it hoping it #moons #yolo #tendies with no purpose other than buying to try to sell higher off of no reason other than someone will come along more retarded to buy it at a higher price. These people will learn in time get rich quick is not a thing.
There you go shillmaster...work HBAR into EVERY SINGLE comment!
You talk about your experience from the very first days of Cardano. Thats why I asked which wallet and more important when. In early days just the full node daedalus was available. And yes, some things were buggy. Also on other new wallets which launched. But this is normally for new software. Moreover over we werer the beta testers of this stuff. Yoroi I have never used. Can’t tell anything. I am using eternl, which you also mentioned. Also here at begin, were some bugs. But they are gone long time ago:) With dapps its the same story. If you are the first user, ofcourse there are a lot of space to improve. From my site I dont like sundae swap. I prefer minswap and vy finance. You can easy provide liquidity. And even if you have got 5 different LP pools you can claim all rewards in ONE SINGLE transaction. Thx to ada eutxo modell:) You are welcome to try again the wallets and network. You will be surprised how much everything improved :)
This is the answer. To emphasize that point more; YOU CAN ENFORCE BTC RULES WITHOUT OWNING A SINGLE SAT! Want a say in how YOUR investment is run? Start your own full node.
Security wise this is actually the worst advice. It's basically the concept of security through obfuscation which is horrible in practice. So many clever people though they could split and hide their keys online. Just scroll these crypto subs, almost daily somehow is hacked. How? They stored their seed phrase online... ALMOST EVERY SINGLE TIME.
Sorry are you saying you got someone to help you?? Through contact@crypto.com??? We've emailed, chat, send messages on EVERY SINGLE SOCIAL Platform and 12 days in, after sending ID verification, we cannot get anyone to respond. The last message I sent to chat which advertises immediate help or a response in 2 hours, has not been seen at all. First message 6 days ago last message 2 days ago. I am beside myself.
On top of this they all want Bitcoin to moon but EVERY SINGLE ONE OF THEM want to cash out with profit in the form of fiat.
This is millennium old news. 3000 years ago the Chinese started using copper coins with a hole in them as a currency. As the prices got bigger, so did the weight of the coin strings. 1000 years ago the government starting issuing representative notes that were easier to carry. Problem solved. Until one day the government realises that these paper receipts don’t really need to be representative of the underlying commodity, so long as the people trust their value. Next problem solved. So then they realise that they can just print a few more notes to go around to reduce economy stress, and quantitative easing is born. Problem solved. And then one day the printer printed a few too many, and the currency trust was lost. And like EVERY SINGLE representative or fiat currency in human history it collapsed. Man hands on currency mistakes from generation to generation, it deepens like a costal shelf, get out of it all as soon as you can, and get some DeFi for yourself (Larkin, abridged).
> Saw Biden offering all sorts of tax breaks that yeah, I might benefit from, but I’m thinking this is just making it all worse and eventually will be very painful austerity measures to happen or worse nah.. they are killing the dollar.. biggest strategic defeat EVER.. accelerated by stupid sanctions war with Russia.. war that Russia actually WON!!! If I was President, I would remove EVERY SINGLE sanction and tell the world sorry. Please use the USD again.
YOU OWN EVERY SINGLE SATOSHI & NOBODY can take IT away from you but yourself. Of course, you need to take them off the exchange.
I followed the SEC case - MoneyGram said they never used XRP. They received payment from Ripple. - The SEC stated Ripple hyped a fictitious "imagined" use case for their token, i.e, banks using it for international transfers. Of all the Banks Ripple claimed to have partnerships with including Santander, Bank of America, UBS, Standard Chartered, etc....NOT A SINGLE bank came or could come forward and show that the XRP token was being used for anything. The consequences of the judgement were that crypto tokens weren't securities but it was also very clear, XRP is just a money raising scheme for Ripple.
I have to say I'm so tired of these price predictions. Every single one of them, I repeat, EVERY SINGLE ONE fails to answer the question how much capital would realistically need to come into the market to raise the price to that point. And where is it coming from? Who has that much money on the sidelines ready to buy up all available ETH without wanting to take profits at 2x, 3x, 4x, 5x, 6x or 7x their original investments. For the love of God can someone make a reasonable prediction that isn't just how they feel or what they hope? Okay I need to get that out. I feel better
Thats because the market made us complacent, which happens at the end of a bull run. This isn't the end of the bull run, it hasn't even bugun. BTC dominance hasn't hit 40% yet, that marks the end of EVERY SINGLE BULL PERIOD. How does the market make one complacent? Rally drop rally drop rally drop omega pump to new ATHs. THEN people believe to buy every dip and we can never go down. This is the first rally + drop (not even thay much) in the new bull market, no one is complacent yet. The bear market is too fresh in peoples mind. I know because even I'm considering selling, and I've been in crypto since late 2017 so I'm well aware of whale games. This is a standard leverage on longs. Next is a leverage flush on shorts as we blow past ATHs.
If it actually starts being used as a global currency, I 100% think it could, that’s only 3x the market cap of gold. But to play devil’s advocate, we’re 15 years into the crypto movement and there’s still NOT A SINGLE REAL WORLD USE CASE that’s actually happening for a single cryptocurrency, including Bitcoin. Sure there are a million potential use cases, but zero are being used at any form of scale outside of crypto degens taking each others money. Even the Bitcoin “store of value” model is totally contrary to how it was designed to use, because it will cause the BTC security model to completely fail once the block rewards are over and miners are relying 100% on fees to cover the bills. Will need a large volume of Bitcoin moving on a daily basis for the fees to be enough to justify miners securing the network, and 70% of holders holding it in a cold wallet doesn’t cut it
Those posts almost all are about standard upgrades and downtimes they publish well in advance, not to mention they are almost all made today and the OPs haven’t responded to a SINGLE reply from kucoin support on those posts
Can you link to even a SINGLE post like that? Even one???
1. THEY SUCK ASS… Every SINGLE time 2. Micro-transactions on everything ARE NOT the future 3. Grypto is NOT the future 4. Nft’s are NOT the future 🤙
That’s a blatant lie. There are hundreds of projects and millions of users and TVL has been growing. The only reason it’s not as popular as other chains is because smart contracts weren’t implemented until 2021 because cardano spent years and millions of dollars to research the fundamentals before implementing anything. Cardano is the most decentralized and secure layer 1. Cardano has liquid-noncustodial staking with no locking and no slashing. Cardano has deterministic fees that are cheaper. It’s easier for cardano to scale because of its UTXO model. CARDANO CAN HAVE MULTIPLE TRANSACTIONS PER SINGLE TRANSACTION. I could go on and on and all you’ve got is “trust me bro” please do more research. Cardano may not be first to market or the largest in market, but like Apple, cardano is THE BEST in market.
I think so many people don't get this. At least in the US, you have a responsibility to keep track of EVERY SINGLE TRANSACTION. Easier if you only have ever used one exchange and left it all there, but that carries its own risk. Personally, I keep a backed up spreadsheet with details on EVERY SINGLE TRANSACTION. It's tedious but it's your responsibility. Don't get me started on using BTC as a currency. People don't realize that every time you purchase anything with BTC (even a cup of coffee), that is a taxable event and the documentation necessary to PROPERLY report that is tremendous.
lol I don't know in what planet you live in but nothing goes up all the way non stop specially when it blows up to 100 million market cap in days. Whales who bought early have been selling to take profits which is normal. since it has come out less than a month ago the coin has had more buys than sells EVERY SINGLE DAY it's definitely not a pump and dump. Growing holders and it's literally being constantly promoted by the original dev's every day up to minutes agon which wallet's you can easily trace and only one has sold the first day a small amount to pay for things related to project. Binance literally made a guide on how to buy the coin a couple days ago. There's tons of pumps and dumps in meme coins and this one as of now isn't one. You're ignorance shows as you waited for people to sell for profits to reply without even looking at the entire picture haha. A coin that has more buys every day than sells does not qualify as a pump and dump. Not to mention it was being shorted by lbank among good early buyers taking profits. It's a very healthy coin. Go put your money in your bank for your 1% return lol
Then you’ve lost the plot. If you value the original idea behind cryptocurrency, **EVERY SINGLE PROJECT** is pissing all over it. I mean aside from Bitcoin, obviously. Any BTC maxi who hears you defending ATOM over SOL will laugh in your face. There are all the shitcoins in the casino, and there is Bitcoin. The shitcoins are used to acquire more Bitcoin. All of them. The end.
Are you only pretending to be financially illiterate? YES, buying a SINGLE cow pat for $10 would give cow pats a MARKET CAP in the TRILLIONS. You do understand that to give something a market cap of a trillion dollars you don’t actually have to spend a trillion dollars. You do understand that don’t you?
Because an ETHkilla wannabe L1 that promises better security, speed and decentralization than Ethereum and aims to be the world's settlement layer SHOULD NOT go down for hours at a time. Even funnier because Ethereum which is also an L1 DOES NOT go down. Also amusing because when everything is fine the insufferable SOL fanbois are shitting on Ethereum non stop, but when Solana inevitably dies every few months they say the same shit that you do. Also funny because last time a SINGLE validator going offline killed the network. Let that sink in. Most SOL fanbois don't even have the brain cells to understand the consequences of that.
NOT A SINGLE COMMENT QUESTIONS IF 2% IS TRUE. That's why they own you.
That's why I said **SINGLE ORGANIZATION** Kraken.com is going to be managed by a single organization. I've been an AD DS sysadmin for years, and you can't pull off a subdomain takeover like the ones you're referring to.
> How is bitcoin supposed to take off as a currency It's not > if the US govt is constantly taxing capital gains on bitcoin payments Buy Bitcoin, spend Bitcoin immediately, no capital gains, no tax. This is obvious. Not obvious to hodlers? > the need to report EVERY SINGLE PURCHASE This is not true. Did you make it up?
> How is bitcoin supposed to take off as a currency if the US govt is constantly taxing capital gains on bitcoin payments because the dollar value of fiat is falling relative to Bitcoin? So you’re not only paying sales tax you’re also paying capital gains on every transaction with the need to report EVERY SINGLE PURCHASE on your taxes at year end. > They essentially force the public to use this archaic system, this financial architecture from the 1970s, which takes 3-5 days for a payment to clear. You can’t send money overseas without paying 9% fee on the value. They’re essentially stifling competition unfairly. > How is bitcoin supposed to reach its full potential in this environment? This is a legitimate question/concern and I'm disappointed by the responses so far. In order for bitcoin to be usable as currency for small, everyday purchases by US citizens, there would need to be a change in the US tax code to allow for some type of bitcoin purchases to be tax exempt. For example purchases under $200 or something like that. There are politicians who are trying to enact this. That being said, bitcoin's main attribute is being a decentralized monetary network. That can still be the case if each transaction/trade is a taxable event, but that means you most likely won't be buying coffee with it. Or if you do, you will be tracking each purchase. Which in it of itself is actually quite easy and can be automated (including telling you how much you owe in taxes in real time), but would be a huge hinderance to adoption.
If I had 1.28m in a SINGLE wallet, I would never connect it to a dex, no matter how trustful it is.
Yeah, that's why Merrill doesn't offer pink sheet, grey sheet, a number of OTC stocks and anything that trades under $6.00/share unless it's exchange listed to customers unless then have (generally) at least 10MM in liquid net worth AND sign a release. They're a conservative old-school brokerage firm not Robinhood. All of their rules are built upon lawsuits lost, FINRA arbitration orders and consent orders over time. We had a lawsuit from a client in California, that resulted in changes to the compliance program across the entire country even though it was a SINGLE office and SINGLE client that was affected. If you're a Merrill Edge customer (self-directed), you may have more flexibility because you're not working with a financial advisor who is giving you suggestions on what to do which increases their risk and responsibility to you. The entire point though is that if you don't like it, don't do business with them but there ARE reasons for the things they do and restrictions they have even if you don't agree.
And that is EXACTLY the kind of answer I get when I ask the simple question - show me one single instance of Broken Money which was profound. EVERY. SINGLE. TIME.
>Is this some kind of Lyn Alden marketing campaign? IT MAY WELL BE!!! That woman seems to be really good at marketing, if NOTHING ELSE. I have literally NEVER heard her say anything of any insight or profoundness, yet I hear like 1,000 people parrot her book up and down! It's on Twitter as well. Just, feels like she's good at marketing her book....but terrible at actually writing a good book. Just good at getting people to buy it. I ask people for ONE SINGLE THING from "Broken Money" which was profound or insightful, they can't give it to me. Ever.
>all the work All the work? ALL the work???? Dude, I am asking for ONE EFFING THING from the book. ONE. I just want to hear ONE SINGLE THING that Lyn mentions in the book, as an example. Just to see how good it is. Give me ONE.
No, I haven't read it, that's my point. So, I keep hearing about it, and just wanted ONE SINGLE THING from the book, which is good/profound/interesting/insightful. ONE SINGLE SOLITARY THING. Can you give me ONE thing? Doesn't even have to be profound. Just ONE thing. That's all I ask for. Give it to me or get lost.
😆 as if experiencing the halving would make any difference. The historical data is publicly available, dude. BTC price peaks correlated with M2 money supply expansion, EVERY SINGLE TIME, as evidenced by statistics. There is no plausible way to determine the causal relationship between halvings and past bull runs for this very reason. Besides, you argue that past performance predicts future performance, which is nonsensical, as Halvings lose their impact on tokenomics. BTC Inflation will decrease from 1.8% to 0.9%, and the reduction in daily selling pressure from miners from 900 BTC to 450 BTC. That’s about 20mio $ less selling pressure per day, while the current total trading volume is over $35 bio right now. That’s a complete nothingburger. The only argument you can make is that people like YOU expect the halving to be a significant scarcity event, which it clearly isn’t, proven by MATH, bro. Betting on perception and psychology is extremely vague. If you want to base your investments on stuff like that, go for it. But don’t act like you have any deeper understanding of these things.
Exactly what happens EVERY SINGLE TIME. Buy the rumor, sell the news.
1. Bitcoin = store of value - just like gold - Its a win win EVERY SINGLE TIME. 2. Ethereum and L2s (OP, DYDX, ARB, LRC etc.,) (not sure if these are THE NEXT THING but are out there as next best now for everything decentralised) - just like google/apple in the initial days 3. Doge = currency - just like dollar (but with around just $5Billion added to market cap every year unlike traditional dollar with unlimited minting by printing). This sub doesn’t like doge but theres no other crypto in the entire crypto space that could potentially one day become THE CURRENCY OF THE WORLD. So, yes Buy some Doge, Some L2s and Bitcoin of course. But if you don’t want to diversify and end up like bill gates owing a few billions instead of Trillions due to diversification then put your money in Doge and forget about it for a while. Peace.
Just to be clear, sending to a single address won’t consolidate. Sending to a single address in a SINGLE transaction is what consolidates. There is nothing that “will consolidate everything for me.” It is you sending everything in one transaction that is the consolidation. Sending to a single address over multiple transactions is not consolidating.
One SINGLE analyst says that it COULD. Shiba COULD outperform bitcoin in 2050. Still not gonna happen though.
This time it's different, no SBF to engulf 10 billion of people's money and buying a SINGLE FUCKING BITCOIN lol
> I’ve never seen a SINGLE instance of a ledger private key being compromised so why wouldn’t you think it’s still safe? A cold wallet is a crypto wallet prevents your private keys from being exposed to the internet. People who don't understand how hardware wallets work mistake signatures for keys (a signature for a transaction only works to confirm that one transaction). Now that Ledger hardware exports keys, Ledger hardware is no longer a cold wallet. There are many reasons why that change is a security risk. Only you can decide whether security risks matter to you. Some people need to see a guy get blown up by a land mine before they understand why they shouldn't step on one. Other people understand the risk without needing to see disaster first.
Exactly, you can’t prove it’s not safe to use, regardless of whatever assumptions everyone is making. Also, HORRIBLE analogy comparing Ledger to Voyager/Terra. Look I understand the concern that some people have about a possible vulnerability but until that materializes into something tangible, it’s just speculation. I’ve never seen a SINGLE instance of a ledger private key being compromised so why wouldn’t you think it’s still safe? It’s useless fear mongering. Funds are safu.
You sound like me - an over-thinker. Totally understand the reluctance to jump in without knowing EVERY SINGLE DETAIL ABOUT EVERYTHING to do with this. Not read any of the many other replies on here but I bet a lot are saying "just do it". ESPECIALLY if you can afford it so easily.
You're repeating yourself. But I'm clearly asking specific questions and trying to get to the bottom of it. Never seen such promotion of this book. Would like to hear one SINGLE novel item, from that book, that we didn't already know and has been pointed out by 100 people. Not to disparage Lyn, I like Lyn. But not understanding why such promotion of this book. Anyways, thanks for nothing.
Before you react, I have to say I am not at all against Bitcoin, but I prefer people not to talk nonsense to "promote" it as THE undisputed alternative for cash money. Promoting for the wrong reasons is never good, and solving the giant problems it still faces is no less than a necessity. First of all it simply isn't currently, and unless some huge improvements it won't ever be (let's first solve the fact that if it would be used globally you wouldn't even be able for each on of us to do just one SINGLE transaction in our ENTIRE life). However, you are comparing it to cash, but what about regular bank accounts with widely accepted credit cards (or other payment systems)? There is absolutely no limit on any bank account, and this rule isn't applicable either, so what the fk are you talking about! And about the "arbitrary" 10k: you never thought maybe so many years ago it was too high, it was arbitrary anyway? And maybe now it seems already more reasonable? Anyway, to me, it still seems like a hell of a lot of money to have in cash. I don't think I would ever need that... and surely, if the inflation asks for it, it will be increased, don't worry.
Greed is going to be 90% on the metre soon and we will correct before the next leg up. It happens EVERY. SINGLE. TIME. Zoom out on the BTC graph and tell me what happens after every single quick upswing like we are in now. But anyways, I’m done trying to help people who don’t want it because it doesn’t fit their narrative.
it's obviously the next step in evolution, anybody who trashtalks crypto doesn't understand the financial system in the slightest, and either doesn't know too much about blockchain technology or doesn't know it's context on a macro level. not to mention the max potential here is always somehow misunderstood by those often paid off misinformants. ​ *Let's start with the no-brainer:* if you find yourself in a life threatening situation that money can help you get out of... and your bank is down due to maintenance, revolut or any other tardfi company blocks or deletes your account, funds are frozen here or there... you or other people threatened by that circumstance are all dead. and only the tardfi is to blame for that... can't happen with crypto, ever. *Other reasons:* Decentralization with perfect code to run systems means the central parasitical entity in EVERY SINGLE COMPANY is overthrown by a selfless, human-less system. The management becomes perfect code either through ai or a system governing equally weighted user input; in other words, what previously was ran by greedy men exploiting all possible human resources, now becomes like breathing, like water circulation cycles around the globe. There is a corporate middle man between every transaction ( financial breathing, in and out ), parasiting off of people and creating fake money from the sky... without the middle man but with a perfect code-governed system, the CEO has to go, the BANK has to go, the fucking corp has to go. With blockchain AI would replace EVERYONE, ESPECIALLY those that have so much because of old money, connections, and other commie shit. Payments, verifications, safety precautions, company allocation of whatever resource, ai could do that and no human has to eat fat stacks of $$$ to do something like that, exploiting people on the way. \+ moving value across borders \+ storing info / value forever infinitely ​ buddy... get more knowledge, only when it's all obvious then you can take a break! also, remember there's a war between centralized and decentralized systems any opinion in the markets against crypto is by people who make buck being on the opposite side whenever a normie bashes crypto please understand their whole life is supported by a paycheck of somebody who would go bankrupt had decentralization of their economic field taken place, they are heavily, deep in the system that pays them. the system hates decentralization. it's death of the system's governors.
I believe they meant that all of the bitcoin is not consolidated within one SINGLE wallet
Using a SINGLE platform to store ALL your passwords was **always** a bad idea. I don't know how these platforms ever caught on.
This is probably the least safe method I could think of to recommend to someone new to bitcoin who doesn't already manage their own pgp keys or even know what that is. Extremely prone to user error, highER likelihood of low entropy, only generates a single address, help text suggests loading your private key into a website later on to spend is OK, help text suggests to check the balance of your SINGLE address on a public block explorer... Recommending this kind of shit in 2023 almost seems malicious. Even just using the bitcoin core wallet is probably better than this from nearly every angle.
> the top of my head I can think of 3 large projects that would benefit from a decentralised and immutable file storage Let’s put this into perspective. Blockchains require nodes to be run. Decentralized blockchains have multiple nodes. Each node is required to download the entire history of a blockchain. Ethereum’s current blockchain is 1283.31 GBs from just tiny kbs or transaction data. Now you want file uploads? Now you’re pushing GBs and MBs of data into the blockchain from a SINGLE person. Now multiple that at scale. Node requirements and hardware requirements would need to skyrocket and continue to expand as the blockchain will bloat every minute by the GBs from each file loaded. Blockchains are immutable so you can’t prune this. Running a node will be EXTREMELY expensive to run and ADDITIONALLY MORE EXPENSIVE to maintain as it’ll bloat even more. Every node has to run a duplicate of the file too. So that is EXTREMELY INEFFICIENT. Then you have issues of what if someone uploaded child porn? It’s an immutable blockchain so now what? What if it’s your child? Also, why would you want your files to be accessible to ANYONE. That is why a TRUE decentralized data storage blockchain will never be feasible. That is why people bastardize it and trick people into false blockchain systems such as NFT to IPFS or a UI to AWS/GCP
So..... this pump is 20 minutes old based on "ETF news", and not ONE SINGLE VERIFIED LINK. Either post up proof, or this is a big pump scam.
Daily reminder : theres someone out there holding 118,300 ($3,305,985,519) which is 0.6065% of BTC in a SINGLE WALLET
EVERY. SINGLE. TIME I tried to send money to Binance/Crypto.com or any other exchange, they lock my account 'for my safety' and make me go through the palaver of re-opening my account. After a dozen times asking them to stop controlling my spending, with them refusing to do anything, they banned my account as punishment for buying too much Bitcoin. I was with them since I was about 8 years old, and they dropped me like a dead dog. I will continue to brand detract every chance I get. NATIONWIDE - you do not have the right to decide how your customers spend their money. I will keep repeating this until one of us is no longer here anymore :)
I like the way government agencies warn the public about bitcoin risk and in the meantime the government needs a little less than the entire marketcap of BTC for interest payments EVERY SINGLE YEAR. ​ They should worn the public about the risk of supporting the federal government and its spending addiction instead
While this might be good news for us. If we look a little closer at the overall fan base of video games. EVERY SINGLE GAMER BASICALLY BEAT OFF CRYTPO WITH A STICK. I don’t see the community just hopping on because it’s a new payment option.
So they can milk gamers and mostly kids to spend EVERY SINGLE PENNY to the max. It's microtransactions galore under the guise of FOMO and investments.
EVERY SINGLE PERSON IS HERE TO MAKE MONEY. You’re not freedom fighters, you’re not taking down big corporate America. This isn’t Mr Robot and you’re not Elliot. You are here to make a dollar off someone who gets in late.
Dude. You have not mention a SINGLE useful thing NFTs or the blockchain can't do better than already cheaper and open alternatives. ..
Wtf is this pump? Why BTC has to pump 3 days before paycheck EVERY SINGLE TIME
If 073 passes, during bullrun the ratio would be around 0.3, meaning that you would need 16,5 karma from daily thread to earn a SINGLE MOON