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1  Other / Serious discussion / Re: Cryptopia Judge: "1. Crypto is property 2. Even w/o keys, crypto remains yours" on: March 02, 2024, 03:23:16 PM


Is it me, or is this process taking a horribly long time before everything is distributed and liquidated?

The longer it takes the more it generates revenue for liquidator et al and they will make sure to exhaust any value leftover to secure their fees. That is their priority and then they see what's left for the creditor. This process can go on until the trust is wound up and can last years depending on the complexity of the case. Cryptopia seems to have taken a bit longer than the norm probably due to the amount of accounts there and a time threshold for holders to engage with the claims process.

That would be the easy answer but it wouldn't explain why Cryptopia's liquidators are dawdling, and BlockFI's are not.

I've come to understood understand that Cryptopia had many anonymous accounts for which (time-consuming) ID checks where were necessary, while BlockFI's clients are all KYC'ed. Sounds like a reasonable explanation.

edit: oh my gawd what horrible English, shame on me...
2  Other / Serious discussion / Re: Cryptopia Judge: "1. Crypto is property 2. Even w/o keys, crypto remains yours" on: February 28, 2024, 07:39:12 PM
The judges are actually right. Its like giving someont something to hold and its clear your are not selling it , neither are you using it to borrow a comodity or something in return, it doesn't become the person's own automatically, its still your private property, its just not under your custody.


Crypto been seen as a property is a step in the right direction for both crypto and the technology as its global users needs to understand the meaning of this judgement to their involvement in the crypto space

Exactly my point. Sure, bad luck if some faux exchange runs off with your crypto and good luck trying to get it back. That counts for every asset you own, though, be it crypto or fiat or other goods. Some people on the boards act as if crypto is a whole new dimension of property. It's not. The same (basic libertarian) rules of property apply.

And indeed, the same warning signs to be careful about whom you trust with your property apply. So indeed, "not your keys etc." counts as a very important real-life warning, but it's nonsense from a legal point of view.

And btw, here's another update on Cryptopia.

https://www.grantthornton.co.nz/cryptopia-limited/update-for-cryptopia-claimants-and-stakeholders-20-february-2024/

Is it me, or is this process taking a horribly long time before everything is distributed and liquidated? As a comparison, the whole BlockFI liquidation is almost over in about less than a year. Not sure why Cryptopia is taking so much longer. I guess the lack of KYC wasn't exactly accelerating the whole procedure either...

Too bad for the victims that prices are getting close to record highs again, only shortly after all crypto from the liquidations has been converted to fiat, at very low values...
3  Other / Serious discussion / Re: Thorough analysis: Terms&Conditions & Privacy on crypto exchanges !BE WARNED! on: February 28, 2024, 07:25:55 PM
All of those exchanges are complete and total garbage for refusing to host any cryptocurrency with a mining algorithm that is designed to solve the most important scientific problem. Of course, you probably do not see this as a problem. That is because of your complete and total lack of education. You are probably extremely uneducated because you went to a public school and then to a university. These days universities promote violence.

Thanks for pointing that out. I see things much clearer now.
4  Other / Serious discussion / Re: Cryptopia Judge: "1. Crypto is property 2. Even w/o keys, crypto remains yours" on: September 09, 2023, 01:21:33 PM
The liquidators' reports are still being updated regularly. I need more time to follow-up:

https://www.grantthornton.co.nz/update-for-cryptopia-claimants-and-stakeholders-17-august-2023/

Is anyone still following this? Any of you who were affected and are participating in the distribution process?

If so, please share your experiences. These might be interesting for other forum users who were affected by other recent bankruptcies.
5  Other / Serious discussion / Re: Thorough analysis: Terms&Conditions & Privacy on crypto exchanges ! on: September 09, 2023, 01:15:48 PM
friends1980, would you like to think about going back to the updates for this thread? It would be great if you add a navigation bar, eg [anchor/] and put existing and future updates in tags. In addition to all of the above, I would prefer not to see fraudulent exchanges and exchanges with zero liquidity in the new list, (and I would like to non-intrusively remind you that some exchanges have changed their Terms of Service in the last year).
Code:
***MOST RECENT UPDATE: 2019/11/01: SMALL UPDATE FOR COINEXCHANGE***
***MOST RECENT UPDATE: 2019/11/01: NEW UPDATE FOR CRYPTOPIA and COINEXCHANGE***
***MOST RECENT UPDATE: 2019/08/11: NEW UPDATE FOR NAUTICUS***

I've not been active lately.

It'll be my pleasure, only I need to find the time, it's quite time-consuming. At least, if you want to do it correctly.

Feel free to let me know which exchanges you'd like me to check. Taking in account the issues at several exchanges in recent times, I do think that most remaining exchanges will (hopefully) have a strong legal team/legal counsels.

Keep in mind tho, that good terms & conditions are indeed no guarantee for trustful liquidity, or against bankruptcy, but I've written a lot about that subject during my time on these boards. Check out my other topics for that.

Cheers mate.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 26, 2022, 10:46:10 PM
6 years of membership on these boards today. Also, 6 years since buying my first BTC today. Also, 6 years of hodling today (well.... at least for a great part).

How's it hangin' dudezzz?

Should've been here more often but times have been relatively shitty at FR1980's place in recent times. Have been following up on WO quite often tho and hoping to keep up and be more active again in coming times.

Hope you're all doing great. Kiss #nh
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 14, 2022, 02:21:30 PM
Anyone want a 3D NFT of a dried up, over-used and old vagina?
Non Fuckable Thingy?

I thought we all agreed on using "Fuggable" according to the new spelling rules.
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2022, 07:52:04 AM
Maybe it's just me, but lately it seems as if some people believe the WO should be treated as their personal Twitter account.

This thread is for charts
If you want to post memes
Return to Twitter
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2022, 09:05:56 AM
Haven't been here for a few months, but I've noticed that the senior WOs are fighting and insulting each other, and that the junior WOs are posting quotes and memes to beg for Merit.


There are still certainties in life. Cool
10  Economy / Speculation / Re: Automated posting on: April 07, 2022, 01:41:44 PM

Looking at Bitcoin dumping today my idea is Bitcoin 30k usd Will come. The price of Bitcoin was 48k usd but after dumping the price of Bitcoin has gone up to 43k usd.

11  Local / Nederlands (Dutch) / Re: Maandelijkse updates voor btc on: April 06, 2022, 07:25:46 AM
Deze topic eens nieuw leven inblazen? Cool

Jullie analyses voor de komende maanden? Het hele "corona-Oekraïne"-gedoe heeft de markten nogal op hun kop gezet. Veel originelere stappen dan krampachtig verder hodlen kan ik dan ook niet bedenken.

Ik heb wel nog een heel kleine beetje bijgekocht maar ook dat dateert al van een dipje van een paar maanden geleden.

How 'bout you guys?
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2022, 03:23:55 PM


Yup.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2022, 01:28:26 PM

Is this the point at which we should exchange all our BTC for DOGE?

Grin

Oh: #nh
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2022, 11:48:32 AM
Elon goes for TWTR. Didn't see that one coming.
15  Other / Meta / Re: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed on: March 13, 2022, 01:16:26 PM
User: LastWeek

Newbie posting about Christmas gifts in March, in a thread that has a completely different topic.... Now that's what I call suspicious.  Cool

Are you in Crypto yet?  You should be!  I'm thinking of giving Crypto to people for Christmas and that got me thinking.  Crypto would be an excellent way to save for retirement, for a childs college or their well being in general. What could that do for them? This will blow you away! This is simply Buying and Holding, what I've recommended as the easiest way to do it.
Had you invested JUST $100 in any of the top coins a year ago the value of it now will blow your mind!  Take a look       
     Coin                    1 yr             5 yrs
Bitcoin (BTC)           $336,          $8052
Ethereum (ETH)      $880,          $44,000
Solana (SOL)           $10,142       NA
Terra (LUNA)           $13,600       NA
Want to know what $1000 would be worth now?  Just add a 0 to the end of it.  It's not uncommon to invest $1000 and in two years it be worth $1 million! 
So you see, you could very likely invest a little now for a child or grandchild and they would never have to worry about finances the rest of their lives!

original source (some FB Group)

More copypasting (even though he had been warned, but this guy simply doesn't read replies):

The Top 5 Metaverse Cryptocurrencies With a Unit Price of Less Than $0.09 (March 2022)

The Metaverse Cryptocurrency market continues to be dominated by traders and investors looking for the next big thing. While there are already a number of successful multi-billion dollar Metaverse cryptocurrency initiatives on the market, such as Decentraland and The Sandbox, there are also a number of underappreciated and undervalued projects worth monitoring. This article examines our selection of the best five Metaverse crypto coins with a unit price less than $0.09 to watch in March 2022, ranked from lowest to highest by current price.

original source (among others)

Overall, member's shitposts add zero value to the forum.
16  Other / Meta / Re: The situation with Ukraine and the accounts that supported the war. on: March 11, 2022, 01:14:20 PM
Whatever happened to Evelyn Beatrice Hall / Voltaire's "Je ne suis pas d'accord avec ce que vous dites, mais je me battrai jusqu'au bout pour que vous puissiez le dire"?

The fact that you defend someone's freedom of opinion does not mean that you share the content of his opinion.

The fact that you defend the freedom of speech of war supporters does not mean that you support the war.

I don't really understand why it is necessary to open a thread about this subject. Afaik, this has been the policy of this forum long before the first day I came to visit and it has been so ever since.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2022, 01:26:18 PM
The Top 5 Metaverse Cryptocurrencies With a Unit Price of Less Than $0.09 (March 2022)

The Metaverse Cryptocurrency market continues to be dominated by traders and investors looking for the next big thing. While there are already a number of successful multi-billion dollar Metaverse cryptocurrency initiatives on the market, such as Decentraland and The Sandbox, there are also a number of underappreciated and undervalued projects worth monitoring. This article examines our selection of the best five Metaverse crypto coins with a unit price less than $0.09 to watch in March 2022, ranked from lowest to highest by current price.

This is plagiarism shithead, and if you'd bother to at least read the replies to your threads, instead of to continue fishing for merit, you'd know that this will get you permbanned very soon.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2022, 12:17:04 PM
Bitcoin is now the only global payment system that won’t discriminate against anyone, regardless of their race, nationality, religion, politics, or actions.

This is going to become incredibly important in the coming decades.”

Apompliano

I gave you my last merit as an encouragement.
And I'll add a small piece of advice: if it's a tweet, paste a link too  Wink

Another piece of advice @OP: don't post the same quote all over the boards. It might get you banned from SWIFT this forum.
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2022, 10:41:44 AM


HOLD STRONG WO BROTHERS


I'm not satisfied with just doing that, at these levels I'll be buying every payday as well.

Bitcoin shows time and time again that these kind of sales don't last very long.

yep, use fiat just based on your need, the rest buy bitcoin slowly when discount just like happening now....

Great, a newbie repeater, just what this thread needed.

20  Economy / Speculation / Re: RIP Sir, with love. on: January 08, 2022, 08:00:50 PM

95%+ of WO'ers had no clue who that is, because they aren't old enough to have actually seen a movie that he was in. They had to google who he was.

I’m underage, but the day before it was on the news …. They showed a few movie pieces

Mostly movies around colored people they said

I never saw him before the news article

I believe 93 years old which is a very nice age….

Now he can RIP

Can't help thinking about the pilot from "Only fools and horses". Another series most of you are prolly too young for. (don't feel insulted 'cause that also means I'm old)

I remember the first lines being a discussion about "Sidney Potter, you know he always plays the black fella".

Hilarious. Cheesy

RIP.
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