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*This isn't an official announcement from the company.
However something official will be coming out today or tomorrow on the blog. So I will explain the gist of it below. Basically just want to inform people about the business process, because we had a rare case a week ago where someone is trying to break the rules.
#1 We aren't dealing with anon BS. If you work with us, we have the right to verify personal information.
We need the information to accurately account for payments etc so it's standard procedure. (via accounting practices, we can't refund to a random address. We need to explain what it was for in the journal entry) However, since we're in crypto, we also want to ensure that if your project turns into a scam, we're covered.
Example: We're a full-service consulting company, so if we help write content for your company, and then all of a sudden you do something shady, we have information to protect ourselves.
*We don't deal with ICO's and are very selective when it comes to software projects. We do a company review before working with you anyway. So if something looks sketchy, we don't work with you.
#2 In the event we need to refund a payment. (About ~1% of work) We will verify the information. Again, since we're in crypto, we aren't just going to send money via a wallet address that could have been sent by someone who had access to your email. So we require verification to ensure that it's the original client who sent in the request. Again, standard procedure. We do this to protect our clients; it's not meant to be a hassle.
We accept fiat from US clients, so in the event, you paid via fiat, we will process the refund right away via the same payment method. With crypto, it's different because we need to verify the address.
#3 We have the right to ask for verification at any time. We don't release your information to the public; it's for our records and safety. We don't deal with anon's, so if you don't want to verify information as you would with any company, then don't deal with us.
*All of this info is given to clients.
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So, can I trust Coinbase anymore? I've been worrying about this these days, bitcoin is really important for me, I can take no risk of losing it  I'm not really sure what you mean. If you have Bitcoin on Coinbase that you're not going to actively trade, then I would remove it and keep it in on a hardware wallet. If you don't own your keys then it isn't your Bitcoin. |
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@Tim: Email says mJPt?
Yeah I got an email from you. |
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What skillset would you bring?
Feel free to PM me and I would love to hear. I'm asking you to tell me what skillsets you have - I don't know what they are.  Jacks of all trades are masters of none. What skills are you proficient at and willing to improve? My project is revolutionary and I don't want to attract just anybody. I have a crypto consulting company. So if I like it, I can help design, market, create content etc around your project. It will depend on the project, if I like it I can spend resources to help it accomplish goals. |
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Anyone got an interesting project that they are working on? I would love to hear it.
I have one I'd love to tell you about. What skillset would you bring? Feel free to PM me and I would love to hear. I have a lot of skills and experience I can bring to the table. TBH this thread wasn't created with the intention of working with people, but rather to find out about interesting projects. But if it's interesting then I would love to take a deeper look. |
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Coinbase IPO will run according to the US SEC rules and regulations because the centralization features were the top priority of coinbase from the beginning but I don't see their IPO making decentralized coin to end up die cause the exchange only implement a hard rule on their users and that's not meant there IPO to bad to the Bitcoin investors. However, the exchange is not good for every individual whose KYC is a no go area for him.
Investing in the Coinbase IPO doesn't make sense to me when there is Bitcoin available but to each their own. |
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Synthetix has grown unexpectedly as i still remember the time when it was trading under 10 cents around couple of years ago but now it is over 15 bucks which is phenomenal performance and some new defi projects are also poised to do well in future. Lots of stuff in DeFi has been exploding. I haven't personally used Synthtix but I will certainly dive more into it. |
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Anyone got an interesting project that they are working on? I would love to hear it.
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No crypto trader/investor is going to buy Coinbase stocks,so your argument is pointless.
Maybe you didn't read the thread. |
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Coinbase’s stock price goes up since they are making more profit via the exchange transaction costs. Decentralized currencies also increase, and you’re left with fiat cash that, in return, could buy less of the crypto that you believe in.
a lot of people have the warren buffett mindset---they don't necessarily want to touch speculative assets like bitcoin, but they do want to own equity in profitable bitcoin businesses. buffett hates gold as an investment but recently bought into a gold mining company. same idea there. there is something i wonder about. coinbase collects fees in cryptocurrency on at least one side of every trade, and has been for many years. does anyone know if they've been keeping any of it as reserves, as opposed to liquidating all of it? i reckon coinbase may already have significant bitcoin/crypto treasuries, like microstrategy and other publicly owned companies are just beginning to have. also, coinbase, as the biggest american exchange, will make good money whether it's a bull market, bear market, whatever. in a crypto bear market, their stock price may dip on expectations of decreased earnings but i reckon it'll hold up much better than cryptocurrencies will. There is no way the stock will hold a $28B value if cryptocurrency is tanking or in a bear market. The demand just isn't there. IMO it only makes sense to either stay away from crypto, or buy the assets. (In the long term) |
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Before you have a heart attack, the Coinbase IPO will be good for the industry because it will open more people up to cryptocurrency. However, for the woke cryptocurrency investors, the IPO is a bad investment. Read my 2-minute article for the full story: https://forrestvisions.com/blog/coinbase-ipo-is-a-bad-investment-for-crypto-lovers/Two things can happen in the long term: Decentralized currencies end up dying and go down the toilet.Well then, Coinbase will be hit hard, and you will lose money via the stock price plunging. or Decentralized currencies succeed and continue their uptrend.Coinbase’s stock price goes up since they are making more profit via the exchange transaction costs. Decentralized currencies also increase, and you’re left with fiat cash that, in return, could buy less of the crypto that you believe in. |
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Some really big investors prever to invest thier money via fund because they believe that funds can manage their money better
The fund doesn't buy and sell Bitcoin, it is just a representation of Bitcoin. This way investors can purchase as security and don't need to worry about keeping the Bitcoin secure. |
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A lot of people seem to be talking about this now, so I will bring it back up since this is helpful to anyone who doesn't understand GBTC or Grayscale trusts in general.
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PM us today to get started with your free quote.
Every business needs a website, get yours today!
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Wow, what an excellent resource you've taken the time to create. It will also help people who want to diversify into more traditional vehicles such as investment trusts. I keep an eye on trusts for the discount, for example, I prefer to get exposure to Tesla and Amazon through trusts such as Scottish Mortgage (SMT) and US Growth (USA). However, when I look at the Net Asset Value on these, I can see the correlation to stock market sentiment in general, but I can't see why the Grayscale premium tanked on 21st December when Bitcoin itself kept on rising. It honestly must be some sort of quirk to do with xmas trading. What do you reckon? I will check it out later today because that does seem interesting. I know it's based on supply and demand, but I will see if I can dig something out that could have played a role in that. |
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This is very confusing because you're saying private key but I don't think you actually have been using it.
Do you have your recovery phrase? If so, you can use any wallet that uses the same phrase type.
Ledger sometimes glitches or has syncing problems which is why your wallet might be saying you have 0 coins. Don't worry though, if you have your recovery phrase you're okay because the coins are not actually on Ledger but rather are connected to the blockchain.
You can use your private key or recovery phrase on another wallet. If you need any more help you can PM me your telegram and I can try and help further. There are guides on how to reset your device if you have your phrase that I can direct you to as well.
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 Would you guys want to read something like this? Cryptic Kid is a comic that aims at shedding light on current events in a fun way. It was made on paint and isn't supposed to be crazy in graphics. |
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