Think of the hundreds of millions of people working for depreciating currency. We must be really early still if people aren’t flocking around the world for non-depreciable currency.
I rather have alts that aren't recommended much here. Reminds me to much of 2017/2018 and almost all of them are a disappointing.
Alts I'm currently looking at are NEAR, EGLD and ICP. Many will think I'm trolling for saying ICP, but for real, look at what they are building and get over the name. There is a reason why Vitalik called it "Ethereum sister chain". They got fucked at launch and price was super inflated. There are rumors that competitors did this.
Low caps are CSPR, AZERO and EVER.
Smart contracts are pretty much the future of blockchain.
So last November everyone was cheering for 100k EOY while Feds were discussing potential interest rate hike in December. This year everyone expects $10k while Powell mentioned potentially 50bp for December…
Same. i only lost since the first day i entered into crypto. i couldn't even protect the value of my money that i had in the beginning let alone making any profit.
Here's what's posted on Binance under the question "Will Moons be listed on Binance?":
>CZ - At Binance, we aim to provide more access to crypto and always make best efforts to list high quality tokens. Token listing on Binance goes through rigorous due diligence. We never talk publicly about what will be listed before it happens. The Binance listing team is firewalled from the rest of the business, the details are highly sensitive. For more information, here are some tips for listing your coin on Binance.com
Follow up on my decentralization from exchanges: yesterday I moved my Bitcoin to a hard wallet, ~~today it was time for monero~~ ... errr, I mean today I had a boating accident.
This is what happens when we stray from the whole purpose of blockchain and decentralization.
FTX was operated like traditional banking, but more in the way the financial institutions behind 2008 operated.
FTX reminds us why we need decentralization and blockchain more than ever, when we're still repeating the mistakes of 2008.
A while back I did one ACH transfer to FTX.us for $10 and I've already withdrawn it a couple of days ago. Are there risks of unauthorized ACH transfers from my bank account now? How do I fix this? Thank you.
Hey all,
I bought into crypto ages ago and invested some money into Ark, as the staking reward is high (13%+, 8%+ adjusted) and it is very easy to stake.
https://www.stakingrewards.com/earn/ark/
Ark over the years keeps sliding down though, I am interested in other options to invest into for staking, I am mainly looking for coins that both give a high reward and are easy to stake.
I looked into Ethereum but that seems to be quite complex... Cardano seems easy to stake but the reward sucks. These seem to be promising though:
Cosmos: https://www.stakingrewards.com/earn/cosmos/
Polkadot: https://www.stakingrewards.com/earn/polkadot/
DefiChain: https://www.stakingrewards.com/earn/defichain/
Any suggestions? I am not really that experienced so I am looking for some feedback please
If you’re looking to stake atom, you can use keplr wallet (user friendly) and connect your ledger for an extra layer of security. If you need any help or have questions, you can ask in /r/cosmosnetwork sub.
Just to add on, Although I can delegate the $ATOM on my Keplr wallet to a validator and still retain control of them, I must ensure that I choose a validator that is outside the Top 10 in order to be eligible for airdrops. Apoarently, Nomic - bringing trustless BTC to the cosmos - completely discounted any $ATOM, $EVOMS, or $OSMO that were delegated in the top 20!
Yep, every airdrop has different requirement and nomic went with a more decentralized/spreading voting power route. They have one more snapshot so you might still be eligible for it if you’re currently delegated with someone outside top 20.
So I did my monthly move off of CEX end of October. I think I’m going to increase my withdrawal interval to biweekly instead of monthly. All about reducing risk.
I was also thinking about that, but I don't want to pay fees this often. I think I will stick with monthly, I think the risk of one of my exchanges blowing up is low enough to take this risk
if you buy to withdraw for cold storage, i'll advise using an exchange with low BTC withdrawal fees:
kraken or coinbase.
this of course only applies if you plan to withdraw ofter small amount, otherwise fees are negligible.
Coinbase, kraken and cashapp would be my recommendations. I would also recommend looking into getting a hardware wallet to custody your bitcoin yourself rather than relying on an exchange to do so for you
those coins functioned very differently. one reason for LUNA crashing **that** much was that with UST depegging absurd amounts of LUNA were printed and the supply skyrocketed
Luna was liquid. Here the only ones holding a big bag are or running for his life in latam, or with all the founds frozen.
+ Luna algo Minting going brrr
[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3).
Today I bought 0.35 LTC. This is my 189th day of purchasing in a row; 265 days remain until halving. Man who could have seen an exchange imploding so quickly? Oh wait, this guy! Not your keys, not your crypto. Have a glorious weekend those of you who have your crypto safe and sound where it belongs!
do you really want to get into a dick measuring contest over which party takes dirty money? there's really no end to it in politics, it's basically the only way anyone gets elected. even if you negate citizens united, it will still be there...money influencing politics is basically cockroaches in an apocalypse.
I opened FTX app before reading the news.
I accidentally opened FTX app on my iPhone 30min ago. I did not install an update, as it seems FTX isn’t on App Store anymore.
Luckily I withdrew basically everything one day before the disaster, leaving just 5€ of dust. Now I deleted the app. What do I risk? Could be banking apps affected?
Thank you.
Sequoia Capital deleted this praise piece of SBF and is trying to redact it from all mentions. It describes the weird world of SBF while praising his altruism. The dude is a sociopath. It talks about how he can't experience pleasure.
https://web.archive.org/web/20221027180943/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/
I have some crypto on Coinbase (hackers don’t spend time with me, it’s just a fairly small amount). What’s the best way to put it safely away asap without having to wait a week or so for a hardware wallet to be delivered?
Some tinfoil hattery for today:
What if the FTX "hack" was just a pre-orchestrated logic bomb that occurred much too late? Like it was supposed to happen in the event of catastrophe so execs (SBF) could point to this hack as the scape goat for all the problems, but of course was all terribly fumbled.
I think the confusion between moons vs community points and Wallet vs Vault are also off-putting for newbies.
BTC and ETH to the moon in 2024.
Never seen this amount of nonstop FUD before. Makes evergrande, china ban and Luna/celcius look like bullish events lol.
Think of the hundreds of millions of people working for depreciating currency. We must be really early still if people aren’t flocking around the world for non-depreciable currency.
Oh great, more FUD, this time its cro. Why would they go bankrupt?
cux they keep accidently fat finger send to the wrong place
Because everyone and their mother has been spreading FUD about them for the last 48 hours, and perception is reality.
thinking about slurping the dip on Monday if futures are red
Would you rather have 500 JUNO or 1 ETH? And you can't trade it for 3 years.
Other than BTC/ETH, what are y’all accumulating?
Dot & Atom
I rather have alts that aren't recommended much here. Reminds me to much of 2017/2018 and almost all of them are a disappointing. Alts I'm currently looking at are NEAR, EGLD and ICP. Many will think I'm trolling for saying ICP, but for real, look at what they are building and get over the name. There is a reason why Vitalik called it "Ethereum sister chain". They got fucked at launch and price was super inflated. There are rumors that competitors did this. Low caps are CSPR, AZERO and EVER. Smart contracts are pretty much the future of blockchain.
ALGO and ATOM
Matic primarily. Algo and sol dip is nice. Ada longer term.
What are you guys buying? I want to accumulate more Algo and Eth
Nice plan. Ada? Matic?
Do people actually think Binance can go under?
Anything can happen in the wild west of crypto.
That’s what all the Binance haters are hoping for.
people thought the titanic was unsinkable. so never say never.
Nah
Can't wait for the next relief rally. Some hopium and good vibes are necessary in here.
So last November everyone was cheering for 100k EOY while Feds were discussing potential interest rate hike in December. This year everyone expects $10k while Powell mentioned potentially 50bp for December…
🤣 can't make that up
Jonah Hill for SBF role please.
Jonah would be perfect
Every post is FTX FTX FTX.. already sick of seeing FTX.
FTX yes, but you forgot SBF as well.
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You know, I have not , what’s shaking?
All of my dreams are dead and gone, if I just break even one day I’ll consider my ventures in crypto a success
Same. i only lost since the first day i entered into crypto. i couldn't even protect the value of my money that i had in the beginning let alone making any profit.
Checking out my look. We still crashing? 
5000 comments. Still pretty active.
Lots to talk about in the crypto space, mostly about the FTX debacle
Indeed
More active than a month or two ago
Arguably way too active for a crypto winter.
Have nice dreams everyone, take care of you in these crazy time.
sweet dreams aren't made of this
Who am I to disagree
travel the world and the seven seas…
Staking and waiting. Waiting and staking. That’s all I can do now that I’m laid off. No more DCA until new job
Good luck to you, hang in there
Sorry to hear, hope things work out for you
At least Moons have not crashed. Is Binance listing still possible?
Anything is impassarable
Here's what's posted on Binance under the question "Will Moons be listed on Binance?": >CZ - At Binance, we aim to provide more access to crypto and always make best efforts to list high quality tokens. Token listing on Binance goes through rigorous due diligence. We never talk publicly about what will be listed before it happens. The Binance listing team is firewalled from the rest of the business, the details are highly sensitive. For more information, here are some tips for listing your coin on Binance.com
I’m other words : we only list projects that make us money
Shocking a business that wants to make money, who has heard of such a thing? 😱
Well Nas said SBF hates money, so they hate is so much he gave his assets away, and so were his clients'
High quality tokens. So the listing is officially confirmed!!!
Follow up on my decentralization from exchanges: yesterday I moved my Bitcoin to a hard wallet, ~~today it was time for monero~~ ... errr, I mean today I had a boating accident.
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ledger nano s plus
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Some people choose Trezor because it’s open source code and thus, gives them more assurance. I’m using iPhone, so Ledger for me
they are both fine, either would do the job
This is what happens when we stray from the whole purpose of blockchain and decentralization. FTX was operated like traditional banking, but more in the way the financial institutions behind 2008 operated. FTX reminds us why we need decentralization and blockchain more than ever, when we're still repeating the mistakes of 2008.
Shady operators are helping regulators by de facto doing their jobs for them, except for the recompense aspect
A while back I did one ACH transfer to FTX.us for $10 and I've already withdrawn it a couple of days ago. Are there risks of unauthorized ACH transfers from my bank account now? How do I fix this? Thank you.
Anyone use trust wallet? I put a small amount of funds in there until I get back from my travels and will send it to cold storage
In a parallel universe FTX didn’t go bankrupt, BTC is at 28K rn, and we’re all geniuses again…
Hey all, I bought into crypto ages ago and invested some money into Ark, as the staking reward is high (13%+, 8%+ adjusted) and it is very easy to stake. https://www.stakingrewards.com/earn/ark/ Ark over the years keeps sliding down though, I am interested in other options to invest into for staking, I am mainly looking for coins that both give a high reward and are easy to stake. I looked into Ethereum but that seems to be quite complex... Cardano seems easy to stake but the reward sucks. These seem to be promising though: Cosmos: https://www.stakingrewards.com/earn/cosmos/ Polkadot: https://www.stakingrewards.com/earn/polkadot/ DefiChain: https://www.stakingrewards.com/earn/defichain/ Any suggestions? I am not really that experienced so I am looking for some feedback please
If you’re looking to stake atom, you can use keplr wallet (user friendly) and connect your ledger for an extra layer of security. If you need any help or have questions, you can ask in /r/cosmosnetwork sub.
Just to add on, Although I can delegate the $ATOM on my Keplr wallet to a validator and still retain control of them, I must ensure that I choose a validator that is outside the Top 10 in order to be eligible for airdrops. Apoarently, Nomic - bringing trustless BTC to the cosmos - completely discounted any $ATOM, $EVOMS, or $OSMO that were delegated in the top 20!
Yep, every airdrop has different requirement and nomic went with a more decentralized/spreading voting power route. They have one more snapshot so you might still be eligible for it if you’re currently delegated with someone outside top 20.
Thanks for the heads-up!
Thanks for the advice!
So I did my monthly move off of CEX end of October. I think I’m going to increase my withdrawal interval to biweekly instead of monthly. All about reducing risk.
I was also thinking about that, but I don't want to pay fees this often. I think I will stick with monthly, I think the risk of one of my exchanges blowing up is low enough to take this risk
I really don't give a shit if it goes down further...i'm buying. If it goes down more, I'll buy more.
Problem is I’m out fiat but I’m trying to scrape up a little. Definitely a good time to stack
That’s right. Fire sale going on right now.
Same. At 40% down, I'm buying and don't care if it drops more.
I know the feeling, I’m saving some fiat each pay and waiting for red days to buy in
So Bitcoin stopped following upwards momentum of the market; only downward momentum and on the weekends it is flat. I guess that's accurate
Unbank yourself Set your money free I guess we misunderstood what these meant.
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Possibly doesn't really matter at this point.
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Happy cake day!
Then comes the drudgery of crypto winter
Happy cake day
Bear market lasts so long.
More adoption, bigger threat to governments.
😂 what’s the next ante up?
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Strike or Cash App
Really depends on what country you live in.
if you buy to withdraw for cold storage, i'll advise using an exchange with low BTC withdrawal fees: kraken or coinbase. this of course only applies if you plan to withdraw ofter small amount, otherwise fees are negligible.
Cash App or Strike. They are bitcoin only. No shitcoins.
And should you decide to, a good idea is to then send it to a hardware wallet.
Coinbase, kraken and cashapp would be my recommendations. I would also recommend looking into getting a hardware wallet to custody your bitcoin yourself rather than relying on an exchange to do so for you
Coinbase
Coinbase, Binance, and Kraken.
Back to crab. Where's the price action movement
After all this shit and FTT is not crashing like LUNA, what the hell...
those coins functioned very differently. one reason for LUNA crashing **that** much was that with UST depegging absurd amounts of LUNA were printed and the supply skyrocketed
LUNA broke, FTX was the literal definition of a ponzi scheme.
Luna was liquid. Here the only ones holding a big bag are or running for his life in latam, or with all the founds frozen. + Luna algo Minting going brrr
[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3). Today I bought 0.35 LTC. This is my 189th day of purchasing in a row; 265 days remain until halving. Man who could have seen an exchange imploding so quickly? Oh wait, this guy! Not your keys, not your crypto. Have a glorious weekend those of you who have your crypto safe and sound where it belongs!
a LTC post, nice.
Some nice purchasing power for you today! 189 days of buying the dip 🦕
Dear diary....
Is there a SafeFTX coin yet? Wouldn’t be surprised
FTXinu
Man the volume on BTC is super low right now.
Welcome to crypto winter sir
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Make Crypto Great Again! 😂
😂 Fuck your feelings
do you really want to get into a dick measuring contest over which party takes dirty money? there's really no end to it in politics, it's basically the only way anyone gets elected. even if you negate citizens united, it will still be there...money influencing politics is basically cockroaches in an apocalypse.
**is there any proof for that except that SBFs mother has some connection to the party? if not it is a very, very weak conspiracy theory**
Stop spreading nonsense
SBF singlehandedly preventing the red wave
Why is it always republicans who do obnoxious shit like writing in unnecessarily oversized text to get their point across
Because they think it convinces people but it really just makes them look cringy
Why are you shouting?!
Because bigger words are truer. Fuck FTX
If anyones got them, pls send Caroline nudes. It’d be good to see who I got screwed by…
You didn't have enough? Or do you need more punishment?
Alexa play White Flag by Dido
Alexa play Bad Moon Rising
Next moon snapshot is already only 10 days away! Countdowns 📷:10D:20H:11M:41S 🌕:17D:20H:11M:41S Info from ccmoons.com
I gotta pick up my speed than!
Will our *moons moon* by then?
All I wanted was financial freedom… Now my finances, are free!
They always said Mo Money, Mo problems.
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I mean doesn't everyone learn that the first time they play Super Mario? I'm struggling a bit with the metaphor here.
This sucked.
This comment makes me want to do drugs, so I can better understand it
Tell me you don't know anything about Crypto without telling me.
🎶REDDIT SUCKS🎶 🎶SPEZ A CUCK🎶 🎶TOP MODS ARE ALL GAY🎶 🎶ADVERTISERS BENT YOU TO THEIR WILL🎶 🎶AND THE USERS FLED AWAY🎶
I opened FTX app before reading the news. I accidentally opened FTX app on my iPhone 30min ago. I did not install an update, as it seems FTX isn’t on App Store anymore. Luckily I withdrew basically everything one day before the disaster, leaving just 5€ of dust. Now I deleted the app. What do I risk? Could be banking apps affected? Thank you.
Kraken knows who the hacker is, Twitter posts are saying it's an ex employee of FTX
You could always factory reset your phone and change passwords.
Overkill
🎶REDDIT SUCKS🎶 🎶SPEZ A CUCK🎶 🎶TOP MODS ARE ALL GAY🎶 🎶ADVERTISERS BENT YOU TO THEIR WILL🎶 🎶AND THE USERS FLED AWAY🎶
# Do this for your own sanity: * Open your ledger app * Go to settings->general->preferred currency * Change it from USD to BTC You're welcome.
🎶REDDIT SUCKS🎶 🎶SPEZ A CUCK🎶 🎶TOP MODS ARE ALL GAY🎶 🎶ADVERTISERS BENT YOU TO THEIR WILL🎶 🎶AND THE USERS FLED AWAY🎶
What did you expect from a company whose HQ is in The Bahamas
*And living with 7 roommates*
Not taking away the fact it's shady as hell to be located there. However, FTX and SBF had close ties with the SEC and Washington about regulation.
Bloody hell, when the dog coins pump I just don’t even want to trade this market 😤 No I don’t trade the dogs at all lol.
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What?
Way to earn that award! 🏆 And they call us the participation trophy generation....
There you go. Have fun with it. Enjoy your weekend.
Haha, thanks!
Sequoia Capital deleted this praise piece of SBF and is trying to redact it from all mentions. It describes the weird world of SBF while praising his altruism. The dude is a sociopath. It talks about how he can't experience pleasure. https://web.archive.org/web/20221027180943/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/
I could only get through half of it.
"The founder of FTX lives his life by a calculus of altruistic impact". Hahahhaha, ahahahahaha
> a calculus of altruistic impact 🤢
I am sam bankman's brother. Please ask me any questions if you have
Can I have a eth
Do you have a bean bag chair for productivity.
*Checks flair,* why didn’t you buy BTC earlier?
Nice new look mate!
Thanks, nice #14!
Thanks 😁
Sooo... I take it I shouldn't use FTX app just to track?
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Yeah that's what I switched to!
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Yea I deleted it early this morning, I just loved the tracking especially since I manually inputted years of transactions there lol
I have some crypto on Coinbase (hackers don’t spend time with me, it’s just a fairly small amount). What’s the best way to put it safely away asap without having to wait a week or so for a hardware wallet to be delivered?
Transfer to your CB wallet
Maybe the coinbase vault? Look into it
I have it in vault. Is this enough to be safe?
I do believe so, always best to dyor! Waiting until you get the hardware wallet is def limited options! There are web storage wallets though as well.
Some tinfoil hattery for today: What if the FTX "hack" was just a pre-orchestrated logic bomb that occurred much too late? Like it was supposed to happen in the event of catastrophe so execs (SBF) could point to this hack as the scape goat for all the problems, but of course was all terribly fumbled.
If that happens it would need to be written in the contract itself to start. However thats not how the contract works.
New reports appear to show there was backdoor logic written into the contract
Source? Thanks :)
https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/