Would you deal with such platforms when they say they can seize your funds for any reason without giving you an explanation? When you realize the fact that once you send the money on centralized exchange its practically not yours anymore and they can do whatever they want it for whatever reason, you start acting accordingly meaning not using it for storing and only for its initial purpose (read: exchange). For that reason, I never have more than a couple of hundreds of dollars on an exchange because I know that every time I send it, it may be the last time I saw them.
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Now that these major stable coins are losing their pegs to one dollar value, what should is the hope of the newbies in knowing the right stable to convert his funds to in the time price falling in cryptocurrency to stop loss?
First of all, there are no safe stablecoins and sooner newbies realize that, the better. Stablecoins can depeg, they are not even properly collateralized in 1:1 ratio and worst of all, issuers can freeze them even if they are in your own non-custodial wallet so why do you think that newbies should look for safety in those? Regarding what newbies should do in this situation, an answer is obvious: bitcoin.
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Both DAI and USDC looked like they were recovering their pegs during the night (nighttime in Europe), when the value of both assets went up to $0.98 at one point. But now they are losing some ground again and going down from $0.95 to $0.94. Probably those who bought it for under 0.9 are taking the profit and will do it couple of times more before it goes back to $1. Still, I wouldn't advise anyone trying to profit from it as risk to reward ratio is quite bad imho. I know some people who tried to do that with UST and it ended very badly for them and even though USDC is in better situation, if we learned something is that nothing is impossible in crypto.
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It is sad to see the news about CZ Binance in the media because I love him so much. Lol. In what way he improved or affected your life that you had such a strong feelings for him? If he was such a good guy he would do so many things different way, including his highly centralized and manipulated BSC. I mean, that guy even wanted to reverse bitcoin transactions after they got hacked/ Several rumors are circulating about CZ Binance involvement in the USDC fiasco to promote B USD.
I haven't heard those rumors, but I honestly doubt that CZ has such influence that he can ruin one of the bigger banks in the United States. On top if, I don't think it would even beneficial for him to see USDC fail.
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I was surprised to see this on yahoo finance.
Then I guess you rarely visit their website as that's business as usual for them, publishing articles for anyone that's willing to pay the fee. Project featurings in news sites should be taken as grain of salt.
More like with a handful of salt. They even have disclosure at the end of the text, basically saying that everything published there could be a bs.
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I trust hardware wallet more than my bank account and Binance exchange, but if you are ask to choose between banks and Binance exchange which one do you trust the most?
I don't trust either (and for that reason I don't use either of those to store my money) but I think that my bank is less likely to go down simply because I trust my country's regulations more than I trust Cayman Island's + their willingness to bailout banks. After all, there's a reason why Binance is hiding (and why FTX was registered there as well) there and not somewhere with strict regulations. I throw this question to crypto friends around me and they choose Binance exchange. No surprise there, that people still trust centralized exchanges even after everything that has happened lately and for that reason it will happen again.
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Btw that's not the only way to get notified when someone mentioned you or reply to your post as there's also LoyceV's notification bot for those who don't use Telegram.
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Good to see that someone who went through exactly the same thing managed to get their money out. When you check this nexchange a little bit more, it's unbelievable that Exodus is using them. Even BestChange advised against using them, but for Exodus that's not a problem at all. It tells you all that you have to know about that shitty wallet and how much they care about their users.
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If this is true, why do most crypto apps or other business ask for it, shouldn't it be banned or removed. Because by asking you to go through KYC/AML they are covering themselves and not you. If they don't ask for it, they will have governments on their ass so they will do everything they need to let them operate. It will only be dangerous if you submit your KYC to non-reputable crypto services or exchanges. But if you DYOR first before trying to submit your KYC, then that will prevent you from being abused from your own KYC details.
There are dangers of doing KYC even on the most reputable exchanges and crypto services as none of them are foolproof, and some of them are probably even selling their users data. Take for example Ledger data leak; you would expect from company that is into security and that sells hardware wallets to know how to take care of data of their own users, while we know what happened in the end.
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Have you done your research on this third-party provider before? The fault lies with you and not with EXODUS, as you did not read the Exodus Terms of Use (about the third-party API providers). I have been using the Exodus wallet for years, and it is a great, safe, and reliable wallet. But the biggest mistake is that you use an unknown exchange platform such as N.EXCHANGE, to make a swap for the huge amount of 2.7 BTC, and you did not recognize it and agreed to disclaim responsibility. But is it true what OP said, that Exodus didn't actually revealed the name of the exchange that they used for swap? Because if its true, how could he googled them to see that they are scammy exchange? I never used Exodus (and certainly never will) so I don't know how things are done there, but for example if you want to swap using Ledger Live, they clearly mention the exchanges that are available so you can make informed decision. It is worth noting that if you moved to Trustpilot ( https://www.trustpilot.com/review/n.exchange) you would find that most of the exodus users who used this exchange platform to make swaps suffered from the same problem as you, and they asked them for KYC procedures and others, and they were unable to return their funds. Unfortunately, this is a scam exchange, you must assign a lawyer and proceed with legal action against them. If they are scam exchange and so many people complain about them, why is Exodus even using them? Can't they block it so users don't get screwed?
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Likely bitcoin is not going to $14000 ever again. Hah I wouldn't bet on it, that we will never see those prices again. Just a couple of months ago bitcoin was ~$16k which so who is to say that we won't go back there again with everything that has been happening lately, and it doesn't take much from 16k to 14k. If something happens to Binance (which is a realistic possibility) for example, we would go through 14k like a hot knife through butter.
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Or instead of trying to time the market (which you will most likely fail to do as a newbie anyway), why not use DCA method so you don't have to worry about any of things you mentioned?
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I am waiting for Rikafip to update his post, as I use his data
As soon as he updates, I will do the same here!
I started working on monthly overview last weekend as plan was to release it this week but due unforeseen circumstances I had to delay it. It should be out next Monday or Tuesday at the latest.
@fillippone this is your chance to beat me this month.
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I am sorry to hear that you got so much money stuck at n.exchange, but did you maybe use Exodus swap feature before and everything worked ok, or this was the first time tryint it out, and if yes, how come you didn't try with smaller amount first? Talking about this n.exchange (that I never even heard of), too bad that you didn't check this forum prior to swapping because they advertised here, had signature and bounty campaign and even had a scam accusation topic opened against them - N.Exchange confirmed lying, ICO might be a scam. Please tag. Unfortunately their official account has been inactive for a couple of years so you can't get their attention this way, but you may leave flag and tag if you want, even though I know it won't change anything.
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The person left the forum, either accepting the proposal of the members of the forum and starting all over again, or out of resentment that people did not accept his truth.
I think that the reason for leaving was those deleted duplicated topics (which are against forum rules) and not because people didn't believe her story about taking over her father's account, as she said so herself. She probably didn't have much experience with forums because if she did, she would know that bitcointalk is probably the least restrictive forum (at the least restrictive that I know of) when it comes to freedom of speech as she complained about that in her leaving message.
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Iirc they announced their debit card almost a year ago but I don't know anyone using it though as people (at least the ones around me) primarily use Kucoin for their no (mandatory) KYC feature. It seems that instead of rewarding their users through a cashback system, they're going to launch a loyalty program to give merch from their "own" rewards shop [launching in April]:
Meh that sucks, who cares about their merchandise when others offer cashback. It's not like I would use them even if they offered 3-4% cashback, but still I don't think that's the best way to attract new users since competition is tough and you really have to offer something good to make people use you instead Coinbase/Binance/Crypto.com.
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And pointing out again and again to get response from the administration. We are not criticizing but turning their face to us and asking that, they should make some criteria about new local board.
Thing is, forum staff never before shared criteria needed to get local board so I really doubt that they will suddenly start with you, telling you that you need to have xyz posts per month or certain mount of members active and even if there was some criteria, there wouldn't make any sense to share it because it would be possible to abuse it. Personally, I don't even think that there is some exact criteria and they just do it when they think that time is right and that forum would benefit from having another local board. Since some waited for years, be ready to do the same.
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Clearly a scam, have tagged with correct reference. Will support flag if evidence to OP's claim is updated. OP correctly used his own topic as a proof for flag where everything is obvious so I don't think that he has to update anything.
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Poslje skoro desetljaća rada sa Indijcima, ne mogu. Haha radio sam i ja dosta sa njima tako da te u potpunosti razumijem, ali film je skroz dobar i normalan. Primjetio sam da dosta voliš ove stare klasike od prije 50-60 godina. Nisam im nikada dao šansu a možda bi trebao. Ipak je tad bilo potrebno znanja i vještina da se napravi film a ne ko danas gdje treba zeleno platno i i uski kostimi na super junacima. Kad kazes da je film star 50 godina na prvu zvuci puno, ali to je u biti film snimljen 70tih sto je po meni ujedno i najbolje filmsko razdoblje uopce tako da ako das sansu, stvarno mozes naci hrpu odlicnih filmova. Ja opcenito ne gledam kad je film snimljen, ni iz koje je zemlje jer se dobri filmovi snimaju svugdje i u svako doba. Samo mi je bitno da nije mjuzikl jer to je jedini zanr koji ne mogu podnijeti. Izlazi The Vikings film ili The Last Kingdom?
The Last Kingdom.
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Are you sure that your transaction has at least 1 confirmation? Also, you have to select Copper member rank, afaik its not automatically set for you. Once your transaction has 1 confirmation, revisit this page and then use the form which will appear in order to wear your new membership. Your transaction will not be accepted until it has 1 confirmation. Bitcoin network fees and exchange/wallet withdrawal fees will not count toward your payment.
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