All of those are good points, though I would point out that not all stocks have the same level of liquidity.  Blue chip stocks and ones that are included in the major indexes have very high liquidity, whereas OTC stocks have so little liquidity that you'd be crazy to buy a big position in any of them--kind of like some of the more obscure altcoins that have very low trading volume.

Point #3 is one of the coolest things about crypto markets IMO.  I participate in the stock market (though I wouldn't call myself a trader), and I really wish it were open 24/7 like crypto exchanges are.  Doubt that's ever going to happen, though.

One difference I'd mention is the fees.  Some online stock brokerages offer commission-free trading, which is very cool.  None of the crypto exchanges I know of do that, plus you usually have to pay to withdraw your coins in addition to the network fee to send the coins to the exchange in the first place.  Those costs can add up over time.

And the biggest difference between trading stocks and crypto is that the latter is far more volatile and IMO much more risky.  That aside, if you put your faith in technical analysis, you can apply it to both stocks and crypto.

I'm not sure what "mass-produced" victims are, but that's probably just a translation oddity.

Anyway, at least there was some justice done in this case, even if only one person thus far got any jail time.  I think most crypto scams end up with nobody being prosecuted, so at least 2.5 years in the slammer is something. 

Right, that's what I gleaned from the article--and it sounds like the investigation isn't even over, so hopefully those scammers with more culpability will get even more prison time.

Wow, that's quite a drop.  I wonder what caused that--are there fewer campaigns/bounties now compared to when you started BPIP?  I tend to think that's the main reason why members are active here.  

Ivory Tower and Serious Discussion have had some good threads I've posted in, but I found a lot of the topics I wasn't interested in or were above my head in terms of technical knowledge, which is the same reason I don't post in the Development & Technical Discussion section (or Mining or Gambling sections for that matter).  I put all of those on ignore, but perhaps I might un-ignore SD and IT just to see if there's anything interesting there these days.

Yep, but we pretty much knew that was going to be the case when those sections were created.

Well, sometimes you can be deserving of some criticism while still receiving a pat on the back.  Coinbase is far from an ideal exchange, but at least they did something right here.  I'm not sure a lot of other crypto exchanges would have prevented any of their customers from getting scammed.

As long as greed exists, people are going to be falling for these scams.  Not everyone in the crypto space is out for a quick buck, but many will try to take advantage of an offer if they think it offers high rewards and low risk--it's just too bad the folks who got scammed weren't fully aware of what the risks actually were, but that's typical of any scam situation.

Eh, I say if they want to hoard their sMerits, that's their business and I don't think there's anything particularly wrong with that--nor would that factor into my decision as to whether to give someone like that merits.

And no, I don't check anything like that when I'm handing out merits.  The primary consideration is whether the post I'm reading had some effort put into it and is helpful/useful/entertaining.  A secondary consideration is whether the poster needs merits to rank up.  I do end up meriting a lot of Legendary members, but I've withheld a lot of merits from posts made by Legendaries simply because I prefer to help deserving members rank up.

I don't live in Korea, but I find this interesting nonetheless.

The disgruntled citizens have a good point with this:

Not sure what the rationale is behind hitting crypto owners harder than people investing in the stock market, but then again a lot of decisions made by government committees don't make a hell of a lot of sense anyway.

It seems really strange to me that news stories like this are appearing over 10 years after the creation of bitcoin.  It amazes me that there are still governments (and not just Korea's) that haven't completely figured out to handle cryptocurrency from a regulatory standpoint.  It's still like the wild west sometimes. 

You are a better human being than I am, because I'm always rooting for the demise of shitposters like that guy.  They're the reason you have to sift through a mountain of nonsense in order to find a post that has some actual value.  And I seriously doubt there's going to be much shame or embarrassment being felt, because his whole family is probably in training to follow in his shoes.  Ugh.

Yeah well, those posts were all from a thread in the altcoin section with a title that asked a question that requires very little thought to answer--and that's typical for that whole section, which is why I have it on ignore.  I would almost be willing to bet money that most of those members don't even know what TRX is.

Yeah, I do believe that's one way to go as long as you can keep that seed phrase secure.  All it takes is a writing instrument, some paper, and you have your coins stored offline.

I don't think there are any security risks involved before the seed phrase is actually written down, and if there are I'd like to hear about them.  I know there are keyloggers and stuff like that, but I don't think the average person has to worry too much about those.

Yeah, that metal idea is a pretty good one.  I actually have a steelwallet that I got when I bought my ledger, and it's a pretty solid way to store seed words.  Those are way too expensive IMO, however.

They certainly can't hurt, but the time spent praying could be better used to compose posts of high quality--but hey, to each his own, right?

And holy crap!  Did I not merit a single Newbie last month?  I could have sworn I did, but I trust your data OP.  I'm pretty sure I just gave 1 merit to a noob within the last 48 hours, so hopefully my name will at least be on next month's list, even if it isn't high up there.  I'm trying to spread out the merits far and wide, but I'm having a hell of a time finding merit-worthy posts by newer members--and I'm not into charity when it comes to handing out merits.  As much as I've thought about lowering my standards when it comes to posts made by lower-ranked members, I just can't bring myself to do it.

OP, I'm assuming you're looking for crypto trading stuff, and if that's the case I don't know of any books on the subject, although I have seen a LOT of them available on Amazon.  I would be very careful if you're going to purchase one of those, because most if not all of them are self-published, and you have no idea what quality of advice you're getting.

I'd probably spend some time on Youtube if I were you, because there are an enormous number of videos dedicated to trading crypto, and even if the video creators don't know what they're talking about, at least it's free to watch.

Though it has nothing to do with cryptocurrency, I've recommended Reminiscences of a Stock Operator by Edwin Lefevre before.  It's a fascinating look into the world of one of the first stock traders who used a form of TA--which is exactly what most crypto traders use. 

Another favorite of mine is When Genius Failed by Roger Lowenstein, and again, it isn't about crypto but if you got nothing else out of reading it, you'd figure out how dangerous leverage can be when trading.

Good luck in your search, OP.

I'd say Binance is about as safe an exchange as you're going to find, but I still wouldn't trust them (or any crypto exchange) completely, and that's just based on the history of hacks and various other disasters that have befallen exchanges.  If you're going to try to earn some passive income with them, I would probably only risk a relatively small amount. 

I've never even heard of crypto.com, but my high level of ignorance is due to the fact that I don't do a lot of trading. 

OP, I understand your desire to put your crypto to work earning income, but I just think it's a bit too risky to do it through an exchange.  You might be better off just holding onto what you've got and hope for some nice capital gains down the road.

I think this is a really neat idea, and if the design ended up being attractive enough I might be enticed to buy one, if only for the novelty of owning such a thing.  I'm a fan of silver rings in particular.  

Just a suggestion:  some ornamentation (not sure if that's the word I'm really looking for) in addition to the key might make for a nicer ring, like a filigree pattern or some other kind of design.  Anyway, I'll keep an eye on this thread to see if you make any progress--and good luck, because I'll bet there would be a demand for these.

Not for nothing, but if you're going to be wearing it you'd be better off having it made out of .925 just to give it some extra hardness.

Yes, it matters a lot which country you're talking about because where I'm at (the US), I'm not seeing things nearly as bleak as you're describing.  We've been hit pretty hard by the forced shutdowns, but things are slowly getting back to normal with stores reopening--and I'm seeing parking lots at least halfway filled with cars at some of my local shopping plazas.

I can understand it's probably pretty bad where you are, but this whole situation isn't going to last forever.  In the US we've already got people protesting the use of face masks and some of them even think this pandemic is just a political move.  In any case, people aren't going to stand for the economy being shut down for an extended length of time, mark my words.

Temporarily on hiatus is how I'd describe the situation for a lot of businesses.  I don't think the COVID-19 outbreak actually killed many of them outright.

As stated in the title, I have 0.045BTC and need PayPal funds at preev 1:1.  I can sell less than the full amount if you don't need that much.

I will not send first unless you have significant green trust or if I've done business with you before.

This will be a neutral feedback transaction.

Send me a PM if you're willing to help me out, as I might miss seeing this thread if you post here.

Local rule:  Please do not post here unless you're interested in doing this deal.  PayPal is very risky because of the chance of chargebacks, but I have never done this and won't ever.  Also, I won't deal with anyone under Full Member unless they're willing to send first.

Edit:  Deal done, locking thread now.

29.

Thanks!!

There have definitely been a lot of changes over the last few months, though I'm not sure how many of them are going to be long-lasting. 

One good thing I see is that it's becoming acceptable for people to work from home if they aren't absolutely required to show up to their job in person (like if they worked in a machine shop or something like that).  That change might stick around, and I really hope it does.  I've never been a big fan of workplace politics and being forced to deal with idiots and people with assorted personality traits that make them hard to work with.

I don't know about that.  Cases seem to be on the decline, plus work on a vaccine continues so this pandemic might not have much life left to it. 

A Twitter poll by Peter Schiff?  Sorry, I can't put much faith in the results of such a thing.  Twitter polls are ridiculous to begin with, but when you throw Schiff into the mix, you've got to put your skeptic hat on and calibrate your BS meter.

Who cares when people are going to sell their bitcoin anyway?  And considering the fact that bitcoin is very close to $10k right now, this crappy-ass news article smacks of Schiff trying to grab attention from the press.  You have to take everything that man says with an enormous grain of salt.

That I'd agree with.  You never know if any of those things is going to explode.  They're like little digital lottery tickets IMO.

To be fair, some of the bigger incidents have been inside jobs (like Cryptsy and whatever the hell happened at Mt. Gox).  But I'm not arguing that some of these exchanges have sub-par security, and some of them (like Binance) have legitimately been hacked. 

None of that seems to be souring people's opinion about crypto, however.  Judging by the posts I've read here over the years, it's kind of become an accepted thing that exchanges should be assumed to not be secure unless they've been proven otherwise.  One piece of advice that's given the most on bitcointalk is to not keep funds on an exchange for long--and it's good advice indeed.  But none of that has kept people from being passionate about crypto, and I don't suspect it's going to be a problem even if we continue to see huge hacks on big exchanges (which we probably will).

I've also noticed that a lot of crypto enthusiasts tend to have a strong gambling instinct, so I'm sure a lot of them can tolerate the risk of losing their funds to an exchange hack--and a lot of them have, too.

OP, I had a very hard time trying to understand what you were trying to say and I'm still not sure what kind of opinions you're soliciting here. 

Assuming this is a Binance vs. Bittrex thread, I have to confess that I've never used the latter.  But I have used Binance before, though it's been a long time since I've even been on their site.  When they restructured their US operations, my state was excluded and so I'm unable to use them anymore.  It's a shame, because I think they're one of, if not the best exchanges out there.  That said, I haven't heard much criticism of Bittrex and I'm assuming they're one of the top ones as well.

Mm, yeah.  That's a pretty good metric for comparison.  I'm not surprised, either, because Binance has been becoming the dominant exchange for quite some time now, and unless something goes seriously wrong with them I'd expect Binance to be putting a lot of the smaller exchanges out of business.

I have a feeling that won't happen--not that most tech stocks don't deserve to fall, since a lot of them are seriously overvalued to begin with, but the stock market is on fire right now and this incident is just going to be a blip on the radar of investors. 

And as far as any effect on bitcoin, forget about it.  There have been so many incidents over the years where you'd think the price would tank and yet it didn't.  Never underestimate how resilient bitcoin is to bad news, rumors, and pretty much anything else you can think of that should crash its price.