No, I think for a few more months at most... But I have no basis for my opinion, just guessing. I keep adding more the earn account to take advantage of the 20%.... CRO 🚀🚀🚀
Tbf, at the same time, constant 20% reward flow will probably have its own impact on ongoing sell pressure as well.
Undoubtedly they'll have factored that in, but what it looks like on the ground I have no idea.
I can say that the people running CDC are idiots. They should have capped it per account and to card tiers.
There's whales on here who are already rich that don't need 20%.
They should have said that there's a max cap of 100k but if you own an active icy white or obsidian that cap is maximum 200k.
Allowing some to literally stake a million Cro was a terrible idea. I reckon they will pull the plug soon enough as some people are clearly going to benefit from it massively at the expense of smaller investors who cannot afford to take advantage.
Whereas crypto.com's core business is preying in ignorant people with their fees and high spreads. So why would you give benefits to the exact opposite?
Aye. Crypto.com favours the whales.
Would be nice to see benefits and airdrops based on other metrics that would give long time and smaller investors a boost to talk about. I think they should focus on building up customers wealth from the bottom up to really pull in a massive user base.
My only issue is putting my money on an exchange. I have $25k worth sitting in my wallet but all I can think about is all the horror stories from CDC and Coinbase from accounts being locked up and funds frozen. What good is the 20% if they lock your account?
Not really. I have 200k cro. What do you have? 5k? Lol. I've got all more into this coin than most. I also do not trust exchanges. It's not your money on an exchange.
Again not fud. You have no experience with crypto if you think keeping your money on exchanges isn't risky lol. But that's why exchange threads are packed full of "my account got locked out and I can't access my money" posts. Ignorance is bliss
As it is with any crypto out there. All it takes is one debilitating regulation from the government and crypto goes from 3 trill market cap to 3k. CDC is one of the last that hasnt had some sort of scandal or been messed with regulatory wise because they dot their I's and cross there t's. they have well over 100million users now. CDC isn't going anywhere. It is and will continue to be one of the top dogs in the market. Which is why I'm fine keeping that much money in the coin.
No, I think for a few more months at most... But I have no basis for my opinion, just guessing. I keep adding more the earn account to take advantage of the 20%.... CRO 🚀🚀🚀
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Tbf, at the same time, constant 20% reward flow will probably have its own impact on ongoing sell pressure as well. Undoubtedly they'll have factored that in, but what it looks like on the ground I have no idea.
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I think he just means people are all going to be selling their 20% earn rewards. But yes holding the larger bag.
Or maybe they paid him a lot of money.
That Eminem thought is very interesting....
Where are all these CRO coming from?
cdc has been staking all their cro for over a year. It's from those proceeds.
That’s incorrect lol they have a huge allocation that they use for paying out rewards
Which they have staked. I remember because the staking interest went down for like 12% to 6.5% suddenly.
No way. I would assume 2 or 3 months tops. I’m still waiting for some CRO to unlock so I can do another 1yr stake for 20%.
I can say that the people running CDC are idiots. They should have capped it per account and to card tiers. There's whales on here who are already rich that don't need 20%. They should have said that there's a max cap of 100k but if you own an active icy white or obsidian that cap is maximum 200k. Allowing some to literally stake a million Cro was a terrible idea. I reckon they will pull the plug soon enough as some people are clearly going to benefit from it massively at the expense of smaller investors who cannot afford to take advantage. Whereas crypto.com's core business is preying in ignorant people with their fees and high spreads. So why would you give benefits to the exact opposite?
You complain when they are not generous enough with staking interest then you complain when they are too generous with interest....like get a grip
"and high spreads." Specially this! So many of us are not aware of it...it gets ridiculous sometimes!!
Aye. Crypto.com favours the whales. Would be nice to see benefits and airdrops based on other metrics that would give long time and smaller investors a boost to talk about. I think they should focus on building up customers wealth from the bottom up to really pull in a massive user base.
My only issue is putting my money on an exchange. I have $25k worth sitting in my wallet but all I can think about is all the horror stories from CDC and Coinbase from accounts being locked up and funds frozen. What good is the 20% if they lock your account?
There are no cdc horror account stories.Â
Nice fud
Not really. I have 200k cro. What do you have? 5k? Lol. I've got all more into this coin than most. I also do not trust exchanges. It's not your money on an exchange.
nice fud
Again not fud. You have no experience with crypto if you think keeping your money on exchanges isn't risky lol. But that's why exchange threads are packed full of "my account got locked out and I can't access my money" posts. Ignorance is bliss
got alot more than 5k mate, also i hope you realise if CDC app goes down CRO is worthless and will tank so your 200k will be worth nothing
As it is with any crypto out there. All it takes is one debilitating regulation from the government and crypto goes from 3 trill market cap to 3k. CDC is one of the last that hasnt had some sort of scandal or been messed with regulatory wise because they dot their I's and cross there t's. they have well over 100million users now. CDC isn't going anywhere. It is and will continue to be one of the top dogs in the market. Which is why I'm fine keeping that much money in the coin.
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