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Follow where the money is, so don't be surprised that old projects are really hopping on the DeFi bandwagon. I think it's a good idea, but the problem is that if the project is just doing it for the sake of the hype and not for the crypto sphere. And then pull out an exit scam in the end. But I do think that we have learned our lessons here, we really need to be very careful where to invest our hard earn money so that we won't get scam at the end.
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According to their site: Coming soon!
Borrow cash using Bitcoin as collateral
Now you can borrow up to $20,000 from Coinbase using your Bitcoin as collateral. Pay just 8% APR with no credit check.
This offer is currently available to residents of the following US states: AK, AR, CT, FL, GA, IL, MA, NH, NJ, NC, OR, TX, VA, NE, UT, WI, and WY.
https://www.coinbase.com/borrowWhat do you think of this offer? it will be interesting to hear about US traders here as I'm obviously not from the state. If ever you wanted to borrow, are you going to reinvest it to crypto? |
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I'm not familiar with 3 and 4. Maybe you can add POS staking as well or Defi which as of the money have recorded billions of $$$ already. IEO hype looks like it has died down a bit, but in the last couple of months since it's inception, I would agree that we've seen massive growth as well, but just like any hype, it seems to be just another pump-and-dump. Even Binance who launches several successful IEO, delisted them after some time.
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Is it possible to get user's ethereum wallets name from the address he is using?
Name or identity of the person behind that ETH address? The answer is NO, we don't have a way to find out, unless that ETH address comes from an exchange and that exchange has a mandatory KYC. But as far as blockchain analysis, you won't identify them, not in Bitcoin and not in Ethereum. |
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Oh, you are right. Yes, I agree with you. Perhaps, it looks good to have more options for slots games to play, but sometimes, we can feel confused about choosing the games to play. Besides that, it could make the casino need more time to manage or check the games one by one, and perhaps they will see some bugs in some games. But in the end, it will depend on the gambler itself, whether they will try one by one of the slots games or not. And they can feel better after they know which slots games that they want to select.
Aside of the feeling with tons of slot games, am I the only one that see's that slots games in a particular casino ressembles the casino itself? Like the slot machines of the casinos especially if it is unique makes it different from other casinos. That is why these casinos in online are patenting their game ideas to avoid being copied by other casinos. I'm not really sure about 'patenting' casino games because slots machines are being made by operators and this is fully distributed to different online casino, much like in a traditional base. Going back, if casinos have the same games, there will be less excitement to find something new, especially if we are to visit new casinos. So for me, I like to find a new casino with less slot games but unique and original.
On the contrary, if you are going to visit or have visited a lot of casinos, you will find the same game. But it is still very attractive to gamblers regardless if you have played them in other casinos because of the enjoyment and pleasure you can derive by playing them. So for me, it doesn't matter at all, it can still be as exciting as you first played it, believed me. |
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Regarding walletgenerator though, Disclosure: Key generation vulnerability found on WalletGenerator.net—potentially malicious.Of course I will still used paper wallet, but you have to understand that there is risk as well; there are hackers that can easily breach printers, and it by chance you print your private keys, hackers could get it as well. You need to back up your private keys, so cannot just write it on a simple paper and simply hide it. You should understand how to secure them and how to hide so that it won't be destroyed. I think the best option is to get some safety deposit box in a bank not just one but at least you should have a back up of it spread across. |
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If the breakout is legit then we should expect that there will be new resistance that will formed at exactly $12,300, it is just a minor support so I expect that the bitcoin can easily break it but for sure there will be a consolidation that will happen that will take days or even weeks.
It didn't hold ground, as it falters and decline to the support levels at $11,700. Which means this is just a fake out run or it's that we are in the overbought zone so obviously the selling pressure is there. Although it is interesting to see that over $12 million BTC shorts have been liquidated that time on Bitmex alone. So maybe there's someone playing the market again. |
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I am not fond of using trading bots. It doesn't give a 100% accurate results of course but it maybe a great help for some traders who wants a guide and wanted to manage their time. Since it was in a testing phase, i don't think you should promote then yet. I mean, you should be confident enough to promote the bot if it is established enough, right?
Not a problem promoting it, and it's good to see if there are some bugs or loophole so that it can be fix. As someone has mentioned, there's no 100% perfect system. @OP - you should revise this thread, at least a detail explanation will do. Not everyone here wanted to click on a Youtube link. It will be a total complement though if you have instructions as well. |
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I wish the SEC good luck. Technologies is changing faster than regulators can keep up.
Hehehe, well I would agree, this is going to be an evolving technology and it will be race as to who are going to be on top until something comes up to out maneuver the other side. Can SEC keep up with the race? Who or what company are going to step up and do the "dirty task" for them? Of course, centralised exchange can be pressured to give up everything on SEC. But still a lot of work for them. Let's see how everything will pan out. |
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@Bitcoin_bullish, @exstasie - thank you guys for updating this thread, I'm sure a lot of will learn from it.
@polarityexchange - Yes, because there's a lot of money to be made here. I'm sure they have seen what had happened in 2017 and they wanted to get into the action this time. And with the Defi also to push the crypto market, indeed this is bullish signal.
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It is only a short term trend so it won't last too long. Overview on DeFi. People are who experienced the bull run and collapse in 2017-2018, the trends of ICOs, IEOs do know what they must do. I agree, and nothing is wrong with that, specially that crypto market has evolved. Be greedy at the right time, try to react fast, take profit fastly and accept loses to avoid losing all capital. Cash out with some sort of losses at right time when the trend is going away.
That is the secret here, you should enter at the right time and exited before the bust. I'm sure many have learn from their past mistakes in the ICO craze of 2017. And with DeFi just starting to create it's hype, maybe it's just the right time to get in, hehehe. |
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It's definitely worth take a look it, however, they are just called iinfluencer, experts and everything. But we all know that everyone here could be influencer in their own right. There are a lot of crypto news aggregator as well, which is good to follow if you are looking for news. Again, I'm not against this kind of service, but I would rather do my own investigation, just saying.
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But the sentence that made my eyebrows raise is the part of the article that says, they can do it again even without Kawhi.
Why would you feel bad about that? It's normal to a team that they will continue to believe that they will win. Raptors believe in themselves that they can do it again, but it doesn't mean that they will win. Yes, and that's what makes Raptors dangerous because other teams are going to take them lightly because Kawhi has left, but look at the team right now, still one of the best in the Eastern division. And it's really based on the core team that has remain intact, so there is still a chance that they can defend the ring without Kawhi and the Raptors are believing that they can do it again. |
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Yes, it seems that the video has been taken down already, but the website is still up and running. @witcher_sense - could it be that those btc and eth that has been deposited came from the scammers themselves? So that it will really look legit specially for noobs? For the vanity address, yes, that's one method that scammers are using, like this scammers vanity address from Kanye West fake btc giveaway https://www.blockchain.com/btc/address/1KanyevWspyHgwFxGm67ZDynoNHdWCrZwU |
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The problem is the broken system that still currently using in the country, there is still massive corruption where people are now becoming angry because they are now aware that there are many corrupt officials sitting in the government.
That has been the case for the Philippines and even who ever sits as the President, there will be rampant corruption. But the problem with Philippine government is that there are only few officials who goes to jail even they are blatantly guilty of sacking the country's money. The government of the Philippines are still having a hard time to flatten the curve of the covid 19 infection. It is sad because everyday, thousands of people becoming infected. There are only few cities that have a mass testing program and it is also the reason why there are still a lot of people who are not being testsed because of the high fees when it comes testing.
To be fair, not just the Philippines, but majority of third world countries as well. It is an invisible enemy, and we need everyone's cooperation to help stop the spread of infection. But it seems the Filipinos lack the discipline and they all blame it to the government. However, it is sad to hear that, Philippines GDP shrinks 16.5% because of coronavirus. |
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One thing that I notice though, and I don't know if this is correct or not is that they are buying bitcoin but selling it at a premium price? Please correct me if I'm wrong with my interpretation here. And I was also under the impression that it is going to be lock for 1 year but as @Bitcoin_bullish mentioned, this has change to 6 months.
Grayscale sells its trust shares with premium through a private placement. The premium used to be more than 30% for Bitcoin and for Ethereum it was over 1000% at some point. I don't know how they calculate it but probably it goes higher according to demand. Investors can sell at the OTC market after the time lock and from what I read they also sell with a premium. Thanks for the explanation, so it is true that they really sold it a premium, although this could look very shady for the majority and can argue that they can just buy and hold it for themselves instead of going to Grayscale buy crypto's and hold it for them. And so that's how they profited from investors. But the investors can also get profit thru OTC selling with a premium as well. |
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From the information you gave, OP, that certainly looks to be a typical opportunistic scam which preys on people's laudable desire to help. I don't donate cash or crypto to well-established charities, so there's no way in hell I'd send a single satoshi to this person's address (and I'm pretty sure it's a person and not an organization). Hopefully people on Telegram and whatever other social media this scam is being perpetrated have good sense and don't donate money to them.
Exactly, just like the George Floyd incident before an the Covid-19 crisis, scammers always find a way to create these kind of websites to take advantage of people sentiments. But it is really good that up to this point, no one is depositing to that address. Good thing we haven't seen anything similar on the forum, though I'm pretty sure it would get shut down pretty quickly anyway. Good looking out, OP.
A lot of good members will still spot and report it, so we should stay vigilant with this kind of attacks. |
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After the recent run up in prices, I decided to sell everything I had. So I am all in cash now, waiting for a huge drop in coin prices to buy back in and ride them to MORE PROFITS on the next coin price surge!
Good for you. So, whales and behind the scenes people who are controlling the price of coins, I need a big crash in coin prices now so I can buy in as cheaply as possible. I don't care how you do it or what reasons you give for it.
You don't need to wait for whales, just wait for another FUD, but goodluck waiting though, we are in a bull run and in this sentiments, FUD doesn't have a big effect on the market. Maybe announce that the US Government has found a way to spy on and control all coins and collect taxes on them, and everyone must register with the government if they have any coins. It doesn't have to be a true story, it just needs to crash the hell out of coins prices so I can buy in cheaply.
And as always, I'd appreciate a PM to let me know when this will happen so I can be ready for it. Thanks.
I'm thinking that when I do buy back in, I'll stick with Ethereum, Litecoin and maybe Bitcoin Cash, coins that have a long history and proven price rising potential. No more micro-alt coins like XRP, Tron, EOS, and Cardano.
That is not new, US government has been spying. Maybe you need to hear like second wave of virus coming or some bitcoin friendly countries suddenly turning it's back against BTC, but that is a long shot. Good luck with your strategy though, hope you can hold on your cash without wasting it. |
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