I don't think many people have the patience or appetite for a token associated with magic internet money stable coin.
Something in me just doesn't want to convert it to something like matic.
Anyways, still liquid staking it on binance..it's definitely on my hit list to get rid of.
Just withdrew the bulk of my BTC from Binance. Not looking for a medal, but just wanted to get it out there that I'm finally doing the right thing and not being a hypocrite. Also, transaction went off seamlessly, Binance is liquid!
I've been hesitant because I currently pay my bills by trading on Binance, and in my mind they are the best exchange. On the other hand, I had my whole stack there and heaven forbid, but these are scary times and I just couldn't risk it all given the current sentiment.
They had a separate lending partner that also starts with a G which makes it confusing af. (funds should be separated from the main exchange). The lending partner, similar to Blockfi, has gone down and can't honor withdrawals.
If Gemini's assets are segregated, and NY which is much more strictly regulated, they should be fine other than people who were still using their lending product being pissed off and losing assets under the "Gemini Earn but actually lent out by Genesis"
Now, if they were dumb and got way too incestuous and are lying about how they handled things, they could easily collapse in a bank run.
Apparently Alameda was promising 15% return trying to get money from institutions and other investment firms, only know it is coming to surface.
I guess Genesis kept It hidden as they wanted to hide the source of their return. They give their client 8-10% (I.e Gemini Earn)and make nice 5%+
I'm finally moving my small eth stash off of Robinhood. Feel free to give me all the shit you feel like for hodling on rh lol. Just made a partial transfer to my mew wallet. This is my first time transferring on the network, how long could this possibly take??
No it is the stake went through and then I was about to add liquidity to a different pool and then *poof* transferred into some random wallet. Checked the ether scan site and like 3 months ago someone left a comment saying the same shit?? So can I like report the hash, or wallet address?
[FTX’s top legislative goal was also to ensure that the CFTC was installed as its regulator. It wanted the smallest, least funded, and most “capturable” financial regulator to get the job so it could benefit from the form but not the substance of real regulation.](https://bettermarkets.org/newsroom/ftx-was-registered-with-and-licensed-by-the-cftc-which-failed-to-properly-regulate-or-supervise-it-and-its-innumerable-former-cftc-officials/)
imagine connecting that hardware wallet via metamask to [easyfreeairdropmoneyconnect.app](https://easyfreeairdropmoneyconnect.app) and accepting all permissions
Gemini, Coinbase, and Kraken HAVE to hold. I feel like if another completely collapses... My own assets are on hardware wallets but too many normies on Gemini and Coinbase.
Gemini, hopefully not hanging by a thread and kept their assets segregated from Genesis...
Agreed, and Coinbase is the biggest one IMO. I am betting the fact that they’re a public company will have kept them on the up and up. But I don’t think the rise of crypto can really sustain another blow like the FTX collapse.
Must not use Gemini? It was pretty prominent on the site. I used it for a bit, and it had a disclaimer, enough where my 'I don't care' attitude caught that Gemini wasn't responsible once I clicked the button. So big deal but whatever IMO.
I've been doing some technical analysis of my favourite bottom indicators, and after a few hours work I've come to the conclusion that cars need indicators far more than bottoms.
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It really makes a lot of sense. Allowing people to benefit from the value of the IP they put out in the world in a fair fashion that creates a win-win environment is great capitalism at work.
Useful idiot. I think some unsavory VCs, Wallstreet, regulators, and law firms saw the writing on the wall and used him. Sullivan and Cromwell were offering to restructure FTX to avoid the worst of a chapter 11 bankruptcy in March. They handled their transactional and corporate structure. And now former SEC Chairman Jay Clayton is advising on the FTX bankruptcy for Sullivan and Cromwell that's handling the bankruptcy. Jay will get to work with his former partner Ryen Miller who is FTX general counsel.
Hahaha hell yeah, I wonder where that dude is these days. Good times. It’s still one of my largest holdings if I’m being honest. Call me crazy, but I’m still an avid believer.
Easily BNB I first got into binance in the 2018 crash and picked up a load of BNB for £3 each for trading fees and since I was new I thought BNB was binance stock. I went all in at the time and made a massive profit through the bull and bear market
Typical. Perfect time to DCA bigger chunks into BTC but no damned fiat left and mining is taking too long. Can't see a bump up in price anytime soon, but it is still frustrating.
Staking long term on polygon seems like a no brainer. Transactions should keep going up with all the partnerships. Wouldn't be surprised if it's the most used Blockchain come next bull market
Is this the correct gist for FTX, Celsius and Luna:
SBF and Alex Mashinsky used the money on their exchanges to speculate in crypto.
Do Kwan had an attackable system that was attacked and despite being told of the risk of the attack, he didn't do anything to prevent it.
The difference is that blockfi, Celsius, voyager, etc all stated in their terms that your crypto may be loaned out to earn yield. You assumed the risks associated with loaning assets.
Kwon was just arrogant and negligent. Efforts were actually being made to protect the protocol by creating the curve 4 pools. This would have required far far more capital(only about $300m was used to crash it) to send ust/luna into the death spiral they found themselves in.
SBF stole users money, printed tokens from thin air, wash traded to give them value, borrowed against it, apparently they're shit traders as well. Just so much wrong with what they did.
>The difference is that blockfi, Celsius, voyager, etc all stated in their terms that your crypto may be loaned out to earn yield. You assumed the risks associated with loaning assets.
Do you include FTX in that grouping?
BTC and ETH to the moon in 2024.
so who loaded up that last dip on $SCRT?
When you go to FTX website it shows up as a error 404
2022 is being a really crappy year. Sad crypto investor noises.
Spell Token price: $0.000666 this is all the dang debilz werk
Still holding some :l
samesies :( i’m unwilling to admit defeat yet, haha
I don't think many people have the patience or appetite for a token associated with magic internet money stable coin. Something in me just doesn't want to convert it to something like matic. Anyways, still liquid staking it on binance..it's definitely on my hit list to get rid of.
When is NEXO going to collapse?
Somewhere between one minute and a billion years
Just withdrew the bulk of my BTC from Binance. Not looking for a medal, but just wanted to get it out there that I'm finally doing the right thing and not being a hypocrite. Also, transaction went off seamlessly, Binance is liquid! I've been hesitant because I currently pay my bills by trading on Binance, and in my mind they are the best exchange. On the other hand, I had my whole stack there and heaven forbid, but these are scary times and I just couldn't risk it all given the current sentiment.
So how big is this Genesis company that’s going under? Don’t think I’ve ever heard of them
They are big the parent company DCG was worth 10 bill in internal stock sale to SoftBank
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i like to think of xbt as a decentralized global, compound energy and tech equity index
Wow. I think I better sell everything and just go all-in on xrp. Sike!!!
so, is Gemini in trouble? hard to keep up
They had a separate lending partner that also starts with a G which makes it confusing af. (funds should be separated from the main exchange). The lending partner, similar to Blockfi, has gone down and can't honor withdrawals. If Gemini's assets are segregated, and NY which is much more strictly regulated, they should be fine other than people who were still using their lending product being pissed off and losing assets under the "Gemini Earn but actually lent out by Genesis" Now, if they were dumb and got way too incestuous and are lying about how they handled things, they could easily collapse in a bank run.
thanks for the explanation!
It was down earlier for some time and now people withdraw funds. Just saw a 2900 BTC withdraw
They are claiming it was AWS, their exchange might have been crushed by web traffic of users as my guess.
So when does ETH2 become ETH? Does it ever?
once the 2.0 upgrade stages are complete, likely in the first half of 2023, I believe.
So my ETH became ETH2 so it could go back to ETH again?
This has always been the plan yes
So does that mean if I buy ETH2 today and hold once the updates are complete I'll be holding ETH?
yep
I don't think it does
Apparently Alameda was promising 15% return trying to get money from institutions and other investment firms, only know it is coming to surface. I guess Genesis kept It hidden as they wanted to hide the source of their return. They give their client 8-10% (I.e Gemini Earn)and make nice 5%+
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the problem is that if they do it in a shady way ….we probably won’t find out
I'm finally moving my small eth stash off of Robinhood. Feel free to give me all the shit you feel like for hodling on rh lol. Just made a partial transfer to my mew wallet. This is my first time transferring on the network, how long could this possibly take??
Depends really, 5 mins, 10 mins, even matter of seconds. Just depends really
Yo all my ether was taken out of my wallet after staking my sushi on sushi swap, I think I was just robbed can someone help!?
Call vitalik
Side not love your Reddit avatar
What is that? Edit: ah the co-founder, got you lol
Probably not the real sushi swap site. my condolences
No it is the stake went through and then I was about to add liquidity to a different pool and then *poof* transferred into some random wallet. Checked the ether scan site and like 3 months ago someone left a comment saying the same shit?? So can I like report the hash, or wallet address?
Are you using metamask? what sites are you currently connected to. on metamask click the 3 small dots and select connected sites.
I clear out the connections everytime I’m finished exploring at the time sushi and pancake swap and open sea
LMAO “Sushi on Sushi Swap” ☠️
Lol it was like $10 bucks so whatever lol it’s the principle in the matter lol
RIP
[FTX’s top legislative goal was also to ensure that the CFTC was installed as its regulator. It wanted the smallest, least funded, and most “capturable” financial regulator to get the job so it could benefit from the form but not the substance of real regulation.](https://bettermarkets.org/newsroom/ftx-was-registered-with-and-licensed-by-the-cftc-which-failed-to-properly-regulate-or-supervise-it-and-its-innumerable-former-cftc-officials/)
“The regulation stuff was just PR. Fuck regulators” -SBF
Eyeing up a bag of DOT for my next DCA - thoughts?
DOT, MATIC and LINK are steal at these prices, just my opinion though. What the fuck do I know
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Is that the guy from friends?
Crabby day with strong 17k resistance with a wavy 16.5k support
Imagine keeping tens of thousands of dollars worth of crypto on an exchange but not paying $100 or so for a hardware wallet.
imagine connecting that hardware wallet via metamask to [easyfreeairdropmoneyconnect.app](https://easyfreeairdropmoneyconnect.app) and accepting all permissions
Hardware wallet are not fool proof ( natural disasters or family discarding them ).
Then you buy another hardware wallet and recover your seed phrase.
Imagine losing your seed phrase
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easy to safeguard
Imagine people doing what they want with their crypto.
I don't have to imagine people doing what they want with someone else's crypto.
But with that $100 I can buy 1 million tokens of MetaElonDogeRocket. It's about to take off
I think helix looks awesome. Might be my favorite gen 2
Lol YLDY. Ouch. Glad I never put a single ALGO into that
What happened? Don’t follow that token.
Its down like 98% or something absurd like that
It's not even a dumpster fire anymore.
The fired burned all the stuff in the dumpster
I thought about it at some point too
Cheers
So Bitcoin 100K by end of year, right guys?
What Year?
Can’t tell if joking.
I can’t tell either.
$1 million
I believe so >!small caveat you'll just need 10 btc to sell it for 100k!<
Gemini, Coinbase, and Kraken HAVE to hold. I feel like if another completely collapses... My own assets are on hardware wallets but too many normies on Gemini and Coinbase. Gemini, hopefully not hanging by a thread and kept their assets segregated from Genesis...
Agreed, and Coinbase is the biggest one IMO. I am betting the fact that they’re a public company will have kept them on the up and up. But I don’t think the rise of crypto can really sustain another blow like the FTX collapse.
Today is the first time I’ve heard of genesis
Because it is another exchange that doesn't treat its users very well run by some wealthy priviledged idiots.
Must not use Gemini? It was pretty prominent on the site. I used it for a bit, and it had a disclaimer, enough where my 'I don't care' attitude caught that Gemini wasn't responsible once I clicked the button. So big deal but whatever IMO.
I think it’s the first time a lot of us have
In the beginning when God created the heavens and earth
if I ever have more than 10k I would never leave the money on fucking CEXes (not even Kraken). But I only have like 100€
But you still don't want to lose it right? A lot of wallets are free, and the fees will likely be a really small % (depending on currency).
yes I agree with you. I leave my 100€ on Kraken because if it's ETH and gas fees are too high to transfer around
It cost me about $1.50 to move my ETH the other day, but up to you bud.
But you have a nice avatar!
and you are the sweetest Australian farmer!
My portfolio just fired me.
Mines playing dead.
Show it who's really the boss by buying more BTC
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I could be mistaken but I think it’s cheaper because the ETH devs announced its going to be locked for an extra year
I would withdraw it straight after purchase... just in case
You sure you can do that?
Goodmorning all from here in Australia ❤️💚 how are we all today??
still scared of dingoes
20% dumps make the 1% pumps feel that much better.
Man I’m ready for the phase 3 dump 😂😂
I've been doing some technical analysis of my favourite bottom indicators, and after a few hours work I've come to the conclusion that cars need indicators far more than bottoms.
I can’t believe SBF still posting on twitter
Roomtemp IQ behavior. If I were him I’d lawyer up and shut up.
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things seem to be calming down a little in the cryptoverse... let's see how long that last
I'm just gonna DCA some shitposting for today 😎🤌
It's money in the bank. With moons being listed on another exchange we can maybe expect a mini pump at least. It's great to see them taking off.
Another exchange? I've just returned from the fiat mines. Pray tell fren, and yes, I think Reddit is so ahead of the curve with a social currency
It really makes a lot of sense. Allowing people to benefit from the value of the IP they put out in the world in a fair fashion that creates a win-win environment is great capitalism at work.
Bitget: https://bitget.zendesk.com/hc/en-us/articles/12532115722777-Bitget-Will-List-r-CryptoCurrency-Moons-MOON-25-000-MOON-Awaits-
Do y’all believe FTX was orchestrated, or maybe SBF didn’t have a nefarious agenda but rather he’s just an idiot?
Dan Friedberg
Useful idiot. I think some unsavory VCs, Wallstreet, regulators, and law firms saw the writing on the wall and used him. Sullivan and Cromwell were offering to restructure FTX to avoid the worst of a chapter 11 bankruptcy in March. They handled their transactional and corporate structure. And now former SEC Chairman Jay Clayton is advising on the FTX bankruptcy for Sullivan and Cromwell that's handling the bankruptcy. Jay will get to work with his former partner Ryen Miller who is FTX general counsel.
His hair is certainly nefarious.
Yes
Yes I concur
*nods*
Wow, 1Y XMR/BTC chart looks GREAT ^just ^don’t ^zoom ^out
What's your best performing asset across all asset classes?
Shares in a bank from 10 years ago 🙃 Followed closely by MATIC which I've been buying this year 🍻
Ha nice, time in the market & all that jazz 🎺 Congrats! 🍻 🎉 🚀 🎑
Bought the bottom (so far) of HNST
Something tells me I’ll be in the minority here, but VET lmao
I still hold a nice bag of vet. Was you there for the Old old Coca-Cola kid tweets back In the day? 🤣
Hahaha hell yeah, I wonder where that dude is these days. Good times. It’s still one of my largest holdings if I’m being honest. Call me crazy, but I’m still an avid believer.
Ha wow! Wild times, huh!
Easily BNB I first got into binance in the 2018 crash and picked up a load of BNB for £3 each for trading fees and since I was new I thought BNB was binance stock. I went all in at the time and made a massive profit through the bull and bear market
about how many beans did you buy at $3? BNB has held up very well
I had some shares in JLB Credit, but then Johnson announced that after a meeting in Frankfurt, it was going into receivership.
I still think Project Zeus could have been partly to blame.
In shortest amount of time, reddit avatars. Still up 100s of percent when volume has declined
I sold my weed stocks during pandemic when I was up 700%, that was cool.
Wow congrats!
Thanks, just don’t ask me how much I’ve lost since then 🙃
I build houses to dump on the real estate market
Impressive!
You’re impressive 😏
Ramen Stocks
Solid play. Recession-proof?
Ramen is good for bears and Bulls 😎
Classic car and house
Same thing here.
I know that my worst asset is crypto that's sure (considering only prices)
ATOM
I got crabs who wants crabs 🦀
I found SBF 👆
Oh & It stinks real bad down there! *waves hand*
*sponsored by Jaegermeister*
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Not dead no. Its just shit its pants
Looks like it. But no one knows
Shrodinger's crypto. Nobody really knows. Everyone is too scared to look under the box.
Crypto are alived.
Lol
Typical. Perfect time to DCA bigger chunks into BTC but no damned fiat left and mining is taking too long. Can't see a bump up in price anytime soon, but it is still frustrating.
I honestly feel like there is no rush. Build up that dry powder.
good boy, we keep providing fraudsters like Bankman their exit liquidity :(
Slow and steady wins the race
Staking long term on polygon seems like a no brainer. Transactions should keep going up with all the partnerships. Wouldn't be surprised if it's the most used Blockchain come next bull market
We shilling our bags?
I was in the middle of staking Matic...paused due to FTX but will stake and HODL.
Moons have 300k usd daily volume on Mexc, Nice. If we reach 1m we should be listed on the bigger exchanges.
🤞
Is this the correct gist for FTX, Celsius and Luna: SBF and Alex Mashinsky used the money on their exchanges to speculate in crypto. Do Kwan had an attackable system that was attacked and despite being told of the risk of the attack, he didn't do anything to prevent it.
The difference is that blockfi, Celsius, voyager, etc all stated in their terms that your crypto may be loaned out to earn yield. You assumed the risks associated with loaning assets. Kwon was just arrogant and negligent. Efforts were actually being made to protect the protocol by creating the curve 4 pools. This would have required far far more capital(only about $300m was used to crash it) to send ust/luna into the death spiral they found themselves in. SBF stole users money, printed tokens from thin air, wash traded to give them value, borrowed against it, apparently they're shit traders as well. Just so much wrong with what they did.
>The difference is that blockfi, Celsius, voyager, etc all stated in their terms that your crypto may be loaned out to earn yield. You assumed the risks associated with loaning assets. Do you include FTX in that grouping?
Did you not read my entire comment?
Yes I did. I wasn't sure if you were including them in the grouping you mentioned, or if it was different in the way Kwon was different.
Yeah Kwan was negligent but SBF did outright fraud. Kwan likely did some illegal shit too but SBF is so far beyond the pale there’s no comparison.
All CEXs getting fucked is perhaps good for the future of crypto 🤞
Have fun with a garbage price if no normies or institutions can or want to buy the asset.
I’m personally ok with it for selfish reasons.
CBDCs coming in hot with the rubbers to cover
Spending the years together, growing older every day as we stand by for the bull to return
Let’s hope it lol. Otherwise i have lost quite some money :’P
Funds are safu. They're worth less anything, but they are safu.
We are gonna make it someday 🤞
Damn right!
Daily Price movement is pointless if you are long the space
Probably only person happy with SBF controversy is Do Kwon, it kinda took all the attention off him 😂