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I predict that a lot of users who think they own Bitcoin on exchanges are going to be very unhappy to discover they don’t. Exchanges are playing hot potato with user funds trying to provide proof of reserves while in reality they’ve sold you Bitcoin IOUs and likely aren’t holding anywhere near the BTC they’ve sold you. If you haven’t taken your funds off an exchange yet and you’re reading this, mentally prepare yourself for a total loss, because it’s coming.
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how some people see the forum and what drives them to participate here. Not very surprising though.
She’s literally getting paid to promote a money laundering operation and trying to question other people’s motives for participating here… Total scum. Remove the signature if you want to sit on a high horse about why people post here, otherwise you just come off as a hypocrite that doesn’t want to see anyone else earn pennies for helping provide value to the forum while you get paid to spam here in order to help criminals launder their funds. |
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I believe Binance just posted proof of having over seventy billion dollars worth of coins in their reserve. It would take a whole lot of withdrawals before they’d be anywhere near a position to stop them. The big concern to have with Binance is that their BNB token is not a ton different than Luna or FTT. If you see BNB suddenly start taking a dive, then I’d advise you get everything off Binance. So long as their token holds value, they won’t have any problems, just like FTT and Luna.
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Pereira just knock out Adesanya in the last round Pereira did it again and now its three in a row for Pereira.I have Adesanya way ahead of the on the last four rounds until Adesanya became careless and hit with a barrage of punches those punches are power punches that the referee have to step in and stop the fight, so we have a new Middleweight Champion of the world in Pereira.
I think you could see this coming before the fight. Adesanya in the press conference looked like he was afraid of Pereira. You could see he was uncomfortable and I thought he was already mentally prepared to lose. I had hoped he’d step up and show his growth in the sport but Pereira was bullying him at the end. I thought the probably could’ve stopped the fight sooner. It will be interesting to see if Adesanya will participate in a rematch or if he just wants to move on. |
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And just like that, Clippers missing a lot of 3's, don't know why they keep on attempting, Powell, George, Wall and Jackson missing.
Curry, hitting back to back 3's, I think this is it for the Clippers, down 11 right now with 3:41 minutes. Unless they score in bunch and make the game close.
Score is 99-88.
Yeah, the Nets beat the Clippers thanks to Curry because he had an impressive performance, especially in the 4th quarter. By the way, he managed to score more than 20 points for the second game in a row, and it looks like Irving's absence is a good opportunity for Curry because he gets more playing time. As for the Clippers, I'd say George's poor field-goal percentage was one of the main reasons why they lost this game. Ya, that was a poor shooting night for Paul George. He went 1-6 from 3 point range and 5-21 from the field. You won’t beat the Nets shooting like that when Durant and Seth Curry are shooting well. The worst shooting of the night goes to LaMelo Ball though in his first game of the year back from injury. He shot 1-9 from 3 point range in their loss to the Miami Heat. |
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While Tesla accepting BTC for cars would be a positive for Bitcoin no doubt, I don't think that's the $100K Bitcoin catalyst. More likely it would be an ETF, so you could say regulators are the key. If I were going to put it on specific people though, I think Tim Cook or Jeff Bezos are better candidates. If Apple had a native Bitcoin wallet or Amazon started using Bitcoin it could spur adoption at significant levels. Maybe we'll get them both this cycle along with an ETF. We can dream. Summer 2025!
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People on twitter are saying that Sam has been spotted speaking with authorities as of a couple hours ago. It seems like he may actually end up in jail. When you think about how he was donating so much money now it doesn’t make him seem like such a great guy. I don’t know what laws he broke exactly, but losing billions of dollars of other people’s money doesn’t make him seem as altruistic as he was being presented a few weeks ago.
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I think there’s concern about Solana for sure. The Google news was positive for the network but FTX going down is bad for the price. Now with the wrapped Bitcoin issues you have to wonder how many people have lost confidence in Solana. It seems to be mostly favored by young people and those somewhat new to crypto and don’t have the same decentralization values as the older folks. I think the time to sell is probably in the rear view, but I’d rather own BTC over SOL.
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Don’t underestimate the power of fractals. While different market factors have made things not as clear cut as they’ve been in the past, I think the future will still rhyme with history. You can’t deny the block reward’s effect on the exchange rate over time and so far things are performing about as expected if you are a believer of the fractal pattern. I would feel better buying here than at $50K. Unless the crypto experiment is over, now is a time to be a buyer and not a seller.
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10k$ is a fair price for this year's bear season and I am waiting for that too, it will happen soon, there will be another more devastating story for the market to plummet again. Keep waiting, I still won't buy at current price, still too high for me.
You could be right, but if so I think you’d probably have to wait until the mtgox coins and the us gov coins hit the market. That could be nearly a year. If you have the patience maybe you could get lucky. There’s also a chance we’re seeing the worst of it now and when the massive groups of coins hit the market they’re swept up by large investment companies. That’s why I think dollar cost averaging in throughout this entire bear market is the way to go. |
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The Clippers hosting Nets will be a good game to watch later. The visiting team will be without Kyrie again but they've been getting better results as we've seen in their last four games. Which team are you going for? I'm taking Clippers on ML. Odds at 1.84 looks good since they've been playing well lately too.
I agree that the Nets vs Clippers game is the best game of the day. I won’t be able to watch it because I don’t have that channel so I won’t be betting on it. I’m not sure I’d know who to bet anyway. I’m assuming Kawhi and John Wall won’t be playing and with Kyrie out and Ben Simmons still struggling, it’s like a match up of the most inconsistent teams in the league. I hope they can both manage to get things figured out before too much longer. |
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I expected we’d see $13K at some point in this bear market so I think things are holding up well after this black swan event. All eyes are still on the US government BTC auction, the ETH2 coins being unlocked, and mtgox distributing their coins as this latest crisis ripples through markets. I wouldn’t be making crazy long bets here, but I think the bottom is close. You just need to close your eyes for the next year.
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Yes you should delete the FTX app on your phone because there are reports of some malware version being pushed onto the Google play/App store. You should also avoid visiting ftx.com since it can install some malware.
You think it can't get worse and it just does. Even before it shut down. There was weird stuff going on the exchange like BNB being pumped to like $1000 while the spot price was $300. I think they were just trying to liquidate as many traders as possible to bring down their liabilities.
BNB doesn’t seem all that different than FTT if you ask me. It’s likely even more dangerous due to its size. I sold all my BNB when Binance stopped charging trading fees as it seemed to me to be useless once that happened. I’m sure Binance has plenty of money but don’t think that what happened to Luna and FTT can’t happen to BNB. If I’m an American, I’m avoiding Binance.us like the plague. If FTX.us doesn’t display that these companies will do crazy risky things internationally and then lump their US entities in when things go bad, I don’t know what would… |
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Even the portfolio tracker iOS app is no longer working. That’s a shame. I always thought it was the best portfolio tracker available and thought it was odd when it was purchased by FTX seemingly out of nowhere. I hope it is able to be revived or someone else builds a good portfolio tracker app. I’ll be sad to no longer have instant access to market data and valuations on my entire holdings list.
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It's very obvious matic is leader among all cryptos ATM
👀
MATIC has a lot of reasons to be bullish. The Polygon network is pretty great and their partnerships seem to expand almost daily with some of the largest brands in the world. I like where MATIC is going a lot but I feel like it had such a massive explosion in value it will take some time before the coins get distributed enough to be fair. Right now it seems like a few players are still sitting on massive gains that need to be realized. |
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Hi, Anyone knows how can i sell my car for crypto like what is the process? Im in Monaco spain and france area  I would assume that the process is no different than if you were selling it for cash. You might have to declare any change in the value of the crypto from the time it’s received until the time you sell it for tax purposes, but there’s nothing special you have to do outside of that. The most difficult part would be finding someone willing to spend their crypto on a vehicle, but once that’s lined up it should be as simple as making the transfer and dining the papers. |
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This project has a huge potential, it could be implemented for streamers to let the viewers change the color lights or change the background song on the stream or do some other crazy stuff to let the viewers interact with the viewers.
Another implementation that would be nice is for gambling, can you imagine a coin pusher working this way and paying the profit to the bettors, that would be something nice to see, and it could be create with this software.
Thanks for sharing it, i will look at the source code.
Ya, I like those ideas. The amount of things this could enable is endless. I hope that this leads to simple devices someday for the technical illiterate. I myself could surely find some sort of use for this. Perhaps when lightning is more popular I’ll play around with some nifty implementations myself. It seems like it could lead to a lot of fun and new ways to interact over the internet. |
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It looks like even the Miami Heat quickly distanced themselves from FTX. Today they scrapped their deal for arena naming rights with FTX and have already removed the giant FTX letters from on top of their stadium. New negotiations for naming rights with other partners has already begun. Amazing how fast they did that. Makes me think FTX probably didn’t pay up front…
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I’ve heard over 300 million dollars has already been taken. Possibly up to a billion dollars. Early speculation is that it’s an inside job by FTX employees or possibly even Sam trying to make a getaway. I’ll wait until we find out what really happened but it sounds like this is quickly on its way to becoming a Hollywood movie. Be careful out there!
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That quote "Not your key not your coins" I just know work from today when looking how difficult to withdraw our money if we don't have the private key and seed.
As I know, this is not the first time the exchange or other platform hold customer money in their pocket. it's obvious de facto, it's our money but they can't give to us.
So my friend or the community, for this incident I hope you don't keep your money on exchange again, trust me!. this thing keeps repeating many time, we have to worry if happen in small exchange, but this very big exchange. So, are you sure in the next not happen in Binance, kraken, crypto.com, coinbase, and etc.?, I don't believe is not happen again on big exchange, because this already happened, believe me the big waves will come be much bigger
I am very grateful to save my small money to wallet where I have the key. I don't worry, I sleep well and have sweet dreams.
There are already wallets where you can keep the private key with free and open source, I don't know why they don't think that. I don't know why they believe the exchange than himself?
It is definitely said for a reason and not just to be cute. Plenty of services have gone down over the years costing their users everything. Especially in times like now, it's extremely important to take custody of your coins and keep them in cold storage where they will not be at risk. Everyone should be taking this opportunity to do a 'bank run' on these exchanges and make them prove their reserves. Don't be the guy who is lazy and helps contribute to them being able to continue running rampant with our funds. Withdraw everything. Wait a month, then put it back if you feel you must. It is extremely important that you do not do nothing and then complain later if you are never able to see your funds again. |
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