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>PLEASE explain to me how becoming frustrated with trolls and untrue assumptions shows a lack of self-awareness. This is truly the first time I have ever been told this, so I am listening. You created this thread asking people how you and your project can be seen as genuine. >What’s the reason people should trust you with their cash? You can’t blame people for not trusting you, it’s your job to earn trust. Someone asks a legitimate and very basic question. **What's the reason** people should trust you? This is what you're here for. >All I'm asking is to withhold judgment until you have actual information, which you & the other cynics don't. We've not asked for a dime from anyone so where's this negative bashing coming from?! And you became instantly defensive. Which, I would say is exactly how *not* to be seen as genuine. Notice you don't answer their question and actually call it *negative bashing*. Anyway, the OP treats it as a simple misunderstanding. You clearly don't want cash, even though you say you'll need cash at some later point when you'll be clear *as fk* you're asking for it. OP rephrases their question and asks you again. If you're not asking for cash yet, and all of us need more information to make any sort of judgement about you, and you *want* to be seen as genuine, then you must be asking for our time or energy or something in place of cash. Again, they're simply asking **what's the reason** people should spend their time to learn about your project, in direct reply to you saying no one trusts you. >Why do I need to spend my time, energy or anything. I’m trying to help you here. Why do I owe you anything? If your want to succeed to need to be able to answer that question. "Why should we see you as genuine? Why do I have to do work to see this?" Are legitimate business questions to any startup. It's a set up question, like during an interview, and like in an interview your response says more than you know. This should be an easy point. >Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed. And this is your reply to that. Again, while you're supposedly seeking legitimacy and our trust. Imagine being in a job interview, you're asked how you build trust in your business relationships, and you reply with DON'T SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVEN'T TAKEN THE TIME TO LEARN ABOUT US. That's what I mean about you having no self awareness. You designed the interview, created the set and setting, placed yourself here, and you still failed every basic question miserably by throwing a literal tantrum. The *interviewer* never even made it to the second question, or to any constructive criticisms, none of this helps you be seen as genuine or like you're actually seeking advice (you're the only one who comes off as a troll in this thread). A proper answer to "What's the reason I should trust you?", would look something like, "These are 10 things we've done for people. This is our team. These are our goals. This is our roadmap. These are our biggest issues, but this is what I'm doing to solve them." You know, actions talk louder than words (maybe not YOURS). And to answer, "Why should I expend effort to learn about you *before* I trust you?" you should have clearly stated goals with your project. If its goals align with my own, that's a good reason for me to spend time learning about it. "We're trying to save all the puppies. We've saved over 100 this month." The reason your project is being seen as a scam and disingenuous is very likely because the way you carry it and the way you defensively communicate to all people. You came here to have a little help session to learn what's wrong with your project, and you immediately start to yell how unfair it is people want you to answer any question they have. Well, there's the answer. This thread was like watching someone miss a T-ball ten times in a row.
"Why dnt PPL take me srsly?" "Because you sound like you're 12 years old." >What question?! You asked why you should trust us with your cash. I DID CLEARLY ANSWER.... WE ARENT ASKING FOR YOUR, OR ANYONE ELSES CASH. > >Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed. Self awareness = 0
What question?! You asked why you should trust us with your cash. I DID CLEARLY ANSWER.... WE ARENT ASKING FOR YOUR, OR ANYONE ELSES CASH. Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed.
If you are using ATH as an example of cos there's be losses. It's ALL TIME HIGH for a reason! I could easily use an example eg atom where I unstake during the bull run up at $30+ and end up unstaking and selling at exactly $42
No I had bought $47k in Canadian dollars worth of BITCOIN back in October 2015. That time the price of 1 BITCOIN was @ $245 USD. I never cash out fully from my original purchass. Ive always DCA all though out the years. During the time when the ATH of BITCOIN ($69k USD PER) hit... Few days or maybe a week before that I've LIQUIDATED a little over 18 BTC($65k USD/BTC). Which I end up with a little over $1.2 MILLION IN USD. That time when I liquidated +18 BTC probably that was only the 3rd to 5th time I've ever liquidated any of it since I bought it in 2015. I knew from the begging when I put my life savings at 24 years of age that BTC IS A LONG TIME INVESTMENT. All through out the years I was fortunate enough that I never needed to cash out because I never needed money that bad.
I don’t know yet I am in a good spot I was GOING TO last night being THIS TIME yesterday. I was going to cash out at what is the same price portfolio now. So I’m glad I didn’t YET. Who knows NO TRADE IDEA or EXPECTATION WILL EVER BE 100% and EVEN LESS SO IN CRYPTOCURRENCY MARKETS. If you trade it you know most things follow $btc. If they don’t they have either good or bad reason/s for that. Anyway I am GOING TO TURN IT INTO USD Crypto NOT CASH…. Never cash crypto!!
>Ty very much in advance .. im just trying to learn from my mistake. It's all over EVERY freaking investment forum. DON'T TRY TO TIME THE MARKET! (If you're not a professional) There is a reason why people always advise to dca.
Algerians? Idk much about them. Maybe ask an Algerian. As for Algorand, it's got more throughput than competitors, it's wayy faster (like 3sec or less txs EVERY TIME), it costs .001 ALGO to transact, AND it's carbon-negative so improving the environment unlike 99.9999% of other blockchains. The single only downside rn is that its somewhat centralized bcz the Algo Foundation has large amounts of control. However, this is in the plans already to be changed over the next year I believe.
Mm not people that knew anything. People who made TIME predictions (not number predictions) far in advance knew when it would crash and sold. Look at people like ClearValue Tax on YouTube. Even Bitboy Crypto got it right for the most part, despite all his clickbait titles.
Can you imagine what an enormous liquidity crunch is building up? If price increases just a bit more, everyone and their grandma is gonna want to buy some crypto. And there won’t be any. Not in any CEX. THIS TIME WILL BE DIFFERENT. The faces won’t melt, they’ll evaporate.
One of the weirdest parts of all this is r/Buttcoin acts like there isn’t criticism of crypto on r/cryptocurrency and r/cc acts like the Buttcoin types aren’t just shilling for institutions. All of Buttcoin’s criticism lean toward the retail investor and they ignore institutional moves… which are 90% of the market. *AT THE SAME TIME* (damn I’m on one today) r/cc has become more institutional as it gets larger. Reddit should have a thriving retail crypto sub. I wouldn’t be a bit surprised if there’s crossover between r/cc and r/Buttcoin.
***"Gaslighting": "manipulate (someone) using psychological methods into questioning their own sanity or powers of reasoning."*** No such practice here. (You may be different.) I do not take pedantic directives from you. Personal attacks are non constructive. (Just BS Troll Cover Noise.) \*\*\* As for the rest, I will now dissemble your spurious argument, and expose you for what you are (wrong): You are misquoting my statement, and then comparing data that is irrelevant thereto, (apples to oranges-a common argumentative failing): 1) ME: *"Just what* ***is*** *happening-and not what happened once upon a cherry picked time period (yours evidently), in an irrelevant time frame."* Discussion: "Is" denotes present tense. It does not apply to 1980 or the year 2050. Or any other time frame, unless so qualified by the author, (me in this case). I further qualified "is" to be a one year frame of reference. **It is not "cherry picking" to talk about recent history, and current trajectory.** Far from it. In investment, "is" matters-big time. Your types cherry pick to convenient time frames to support pet thesis. (So you are being hypocritical here.) 2) ME: *"Stores of value NEVER* ***lose*** *70% of value* *in* ***a year****, NOR do they run negative year after year."* Note: you typed "loose" into a quote you attribute to me. (Lack of precision in practice seems your thing.) YOU: *"GOLD crashed from $875/oz to $300/oz in 18 months from Jan 1980- June 1982, proceeding to $250/oz in 2001, 18yrs later. "* Discussion: a) Irrelevant: 18 months is not "**a year**" (12 months), that is a 50% longer time frame. You are off topic with your argument-period. (And "18yrs" for an alleged further decline to "$250.", is also far off topic.) b) IF $875 gold went to $300. (as you claim), that is a decline of 1- (375/800)100, or 62.5% IN a 50% LONGER TIME FRAME. So once again, sorry, you have not "falsified" my "-70% in 12 month" statement at all. Rather, you just confirmed it with your spurious *apples to oranges* framing. IE: my Inconvenient Truth is not "falsified" as you incorrectly claim. You are simply incorrect. c) You are clearly math challenged: "Jan 1980- June 1982" is not "18 months" as you claim, it is about 30 months, give or take a month. Whoops! So I say 12 months, and your factoid is over a 30 month period. Relevance: absolute zero. 3) YOU: *"The only accurate bit in your statement is 'speculative' and 'store of value'. I'd recommend using the term Speculative Store of Value. Seems honest."* Discussion: As clearly shown here, your statement is false on its face. Note: not interested in your directives or recommendations, or opinions now-as you clearly can not read well, do not know how to do even the most basic math, are quite careless, and resort to personal attack in order to attempt to push your failed argument down its unpaved road. **Perhaps spend more time on research and presentation-and less time on trying to misrepresent, attack, and push dogma? Just a thought!**
For one simple reason - not a single one of them makes it easy. Adoption by the masses includes people like my father and my brothers. And the only way I got them to invest in bitcoin, was by telling them WHAT app to download (because that’s how they see it, just what do I download), and by telling them EXACTLY what to do. It’s like when you’re a computer tech, and you advocate to people to use iPhone. Is it the best phone, technologically?? Hell no it isn’t. But critically, when someone is calling in for help, a tech can walk a person through fixing their iPhone right through the phone. What the difference between an iPhone and an android? SIMPLICITY. Uniform prodecures to get to the exact settings you need, without needing to have that phone next to you. So TIME wins out over the technologically better solutions. I’m not walking my old man through random apps and websites, no matter how good they become, unless they are SIMPLE. I can simply walk anyone through getting Coinbase, making a deposit, and getting them to withdraw their bitcoin into the hard wallet I’ve sent to them. And you’re damn right I gave them Bluetooth enabled Ledgers, because they aren’t going to buy a computer to move their purchases to cold storage - they need an answer that uses their phone. Perfect is the enemy of the good. This is why iPhone won the phone wars. And until some other regulated, publicly traded company creates a *simple* app to use to purchase bitcoin, Coinbase will keep maintaining and growing market share. Dorsey has a chance with CashApp, Square is publicly traded. Robinhood is working on it by actually facilitating true bitcoin withdrawals; they are publicly traded. They’re close, but neither are there yet. Perhaps 2023 will change that.
Of course he won't. Influencers will straight lie to you ALL THE TIME. Get it in your head. They are lying. They say buy when they sell. They say sell when they buy. I can't repeat this enough. It's no good trying to hold them to moral standards. THEY HAVE NONE. They LIE for a LIVING. They are making money OFF THEIR FOLLOWERS.
Been at this for a while now and I still freak out when 15 minutes have gone by and transaction isn't clearing. I remember the first time I ever made a respectable amount of money I was still a mega noob and moved $50,000 in one transaction without even putting in a test transaction. Was catatonic on the ground for like 30 minutes freaking out that I had just sent a year's salary down the toilet. When it finally cleared on the exchange I snapped out of it, but god damn did the strike the fear of god in me. Now I send a test tx first.... EVERY... SINGLE... TIME!
In bitcoin "time" doesn't really exist in the same sense as you might think as the bitcoin network doesn't rely on an outside oracle to determine the time and doesn't keep a time consensus with "the real world" instead it is it's own clock, a distributed timestamp server where everyone HAS to agree on the order blocks and transactions occurred. >In this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions - Satoshi Nakamoto (2009) Miners are required to add their own timestamps to the blocks they're building but it leaves the door open for potential manipulation - If miners say the blocks took longer on average than it did then the difficulty would adjust downwards and their profitability would go up. There are two rules in place with regards to how to "timestamp" blocks to prevent this being an issue: >Median Past Time (MPT) Rule – The timestamp must be further forwards than the median of the last eleven blocks. The median of eleven blocks implies six blocks could be re-organised and time would still not move backwards, which one can argue is reasonably consistent with the example, provided in Meni Rosenfeld’s 2012 paper, that six confirmations are necessary to decrease the probability of success below 0.1%, for an attacker with 10% of the network hashrate. >Future Block Time Rule – The timestamp cannot be more than 2 hours in the future based on the MAX_FUTURE_BLOCK_TIME constant, relative to the median time from the node’s peers. The maximum allowed gap between the time provided by the nodes and the local system clock is 90 minutes, another safeguard. It should be noted that unlike the MPT rule above, this is not a full consensus rule. Blocks with a timestamp too far in the future are not invalid, they can become valid as time moves forwards. https://blog.bitmex.com/bitcoins-block-timestamp-protection-rules/ So long as the timestamps abide by these rules the network will keep "time" and the individual timestamps don't really matter.
Lol. Have you ever heard the word falacy? You're saying a bunch of words, and drawing connections and conclusions derived from false assumptions. Doesnt matter who was involved. You are obviously very upset about all this, maybe you were affected. If so Im sorry. I literally never trivialized the event. You are putting words in my mouth and running with it. I said look at the devs. The number of people putting TIME in to learning the underlying technology. These people wont stop creating because SBF. Period. If you believe that, you are seriously naive. I was mining bitcoin in 2012. I have been studying solidity for 3 years, game development for 7. Do you suspect that I will throw in the towel because another human being decided to take advantage of people? Or will I push on, create something real, and prove that some of us arent out to rob people. Now extrapolate on that reasoning.. Will every legitimate developer working on P2E games chalk the last few years of their life up to the game and just quit. Maybe you are that fairweathered, but I am not. I for one havent stopped working on my web3 projects, and neither have any of the devs that I know. Again, agree to disagree. What I hear is you are condemning the tech because of a person using it. Thats like dumping all tech because you might get hacked... Its letting the bad guy win. If thats your thing, by all means tap out.
Cue the following comments: *laughs in Monero” *Boating accident!* *Monero has entered the chat* *(Redacted) lol (redacted)* *Monero begs to differ* EVERY. SINGLE. TIME. In theory it’s good, but in reality you’re asking for a bad time, eventually
Some of us can't. I'm not talking for OP because I don't know if they have any neurodivergency or not. But in the case of people with ADHD we are prone to addictions because we are impulsive and suffer regularly from intuitive thoughts. Maybe, if OP suffers from any of these they have a their own voice telling them "YOU SHOULD GAMBLE IT ALL BECAUSE THIS IS YOUR SHOT! IT'S YOUR TIME TO DID THEN ALL YOU WERE RIGHT ALL ALONG" while they know this is not the person they want to be, but at the same time the impulsivity kicks in and they follow it because they're brains needs the dopamine kick. I'm not justifying it, I'm just saying it happens, I was victim to this kind of behaviour last year because I was too focused on the prices, but at least I recognize it and undid the impulsive trades because I understood them, most people with neurodivergencies don't have that luxury because they don't even know they might have a condition and they just think they are stupid or something is working with them. An I have the impression OP has some kind of condition that needs to be treated. Maybe they are smart enough to understand that you can DCA a small part of your income into any investment while saving a much bigger part of your salary to build a big emergency matters, but too impulsive to do it that way. Anyways, all I hope for OP is that they get better, and gets treated from their susceptibility to gambling. This person is not saving in Bitcoin or investing in it at all, they are having away their small income and that needs to be taken care of.
Bull and bear is not even worth my time. If you really want to maximize profit, all you need to do is this. Wait. When crypto is all everyone talks about, prices go through the roof, then pay attention. There is one key indicator that has never failed me. When senior citizens start buying, and you hear about it? This is the TIME!
tldr; This week was a slow news week in the crypto industry, perhaps a cooling-off period after the overheated cycle both during and after FTX’s demise. Former TIME President Keith Grossman announced he was leaving his media giant to take up a new position as President of Enterprise at crypto payments startup MoonPay. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Yeah algo the coin that every time you read about it, see news about it, etc - you’re like “damn this coin should moon” Then you actually buy it and realize the tokenomics are so shitty and the institutional vesting schedules are even worse so you’re just kinda stuck with a depreciating bag of a coin no one really uses outside of closed loop txs so the algo foundation can say “A MILLION TPS???? TIME FOR ANOTHER RAISE”
In the regulated industries of the U.S. this is clearly illegal, but there have been some lawyers weighing in on this and the ones I’ve heard say it’s “unclear” at this point what laws were broken because we don’t even know the jurisdiction. The Bahamas is making a case for jurisdiction over a lot of this, and lawmakers in the U.S. haven’t helped themselves at all by allowing FTX.us to operate without any regulations at all to protect consumers, so it’s even unclear whether they broke any laws by using customers funds to cover margin positions if in the fine print it explicitly said they could do that. Celsius had language in their fine print that was totally contrary to what they advertised on their web site saying, essentially, any deposit you make becomes the property of Celsius and we can do whatever we want with it within our business operations and you are entitled to nothing and are taking on risk. Then their main landing web page said “WITHDRAW ANY TIME!” and they spoke publicly of how low the risk was as if there was none. 🤦🏼♂️ Alex M. isn’t in jail yet, so if SBF goes to jail (he may not) I wouldn’t hold my breath on when.
If you say "are" then that is active/present continuous and you have to pair it with a word that has "ing" at the end. So you could say "they are never listening" but that would refer to something that is always happening and wouldn't quite fit what you mean here. If you thought you were under investigation from the FBI you could say "they are always listening" to reflect that they're listening to everything you're saying, ALL THE TIME . Continuously, constantly. "They never listen" is what you need to say here. That suggests they don't listen but not in a continuous, ongoing manner, even if it might be often. Hope that makes sense!
shills in effect, are nobody watching what FTX did and you still trust CEX, DEX / DEFI is only way. ​ not your keys, not your coins. any EXCHANGE/BROKER that dont give you the "COINS back to your own KEYS" is a 100% SCAM OVER TIME.
Okay it's a new day and a new chapter in my decentralize everything tour. So far I've decentralized comedy central and heating, but today might be my most controversial yet. I decentralize TIME! Introducing. The decentral time zone!!
The two main rules of investing in crypto that are echoed ALL THE TIME are 1) Never invest more than you're willing to lose. 2) Not your keys not your crypto. This person's greed led them to blatantly ignore these golden rules and ultimately lost them their savings. Btw its called SAVINGS for a reason.
anyone else tired of coming to the front page of this sub just to see half the posts be something like "here's why this ISNT actually the bottom for crypto" or "here's why now is a GREAT TIME to buy in to the market", and it's just followed by basically "dude just trust me" or the worst "TA" you've ever seen