YUriy1991
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September 28, 2023, 05:56:31 AM |
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Hitting it straight, I wouldn't have wished them inventing paxful app because whenever I remember how I lost my money because of my carelessness, I really feel so bad and since I can't blame the exchange for this mistake, then I just wish they never founded paxful in the first place. There have been some several attacks that have left the cryptocurrency industry in a great shock but it always comes back stronger. I just wish there are ways Bitcoin can become absolutely decentralized because at some point, I do feel it isn't with the presence of centralized exchanges as well as p2p
I think there are factors that make this happen and one of them is that the Bitcoin exchange rate fluctuates wildly.
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BRINIRHA
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Payment Gateway Allows Recurring Payments
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September 28, 2023, 07:25:32 AM |
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A lot of crazy experiences has taken place in the crypto space knocking people down financially and it is plausible that nasty things can still occur in the future. But...
What if you could delete an occurrence from happening in the cryoto-world, both past and current events making it that they don't happen or didn't happened. What would it be?
As for me it is the FTX crash saga which led to many persons losing their funds that could have yield some profits by now. It was one of the saddest period for many in the crypto world.
How about you, what would it be?
I personally actually hope that the tragedy of Terra Luna's fall never happens. Because that is where many people who invested in Luna Coins experienced big losses. Not only me but my friends were also affected at that time. I may not have suffered much loss but I still don't like what happened at that time. I feel sorry for the people who lost a lot in that disaster. I think there are many people here who have suffered losses from this incident. Although in reality after that everyone started to learn a lot about how unsafe altcoins are even those in the top 10. And the FTX incident was the same. From there, many people have learned the importance of storing assets in personal crypto wallets and never storing assets on centralized exchanges. The point is, there is a lot of wisdom to be gained behind all of that.
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Rockstarguy
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September 28, 2023, 09:39:27 AM |
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As for me it is the FTX crash saga which led to many persons losing their funds that could have yield some profits by now. It was one of the saddest period for many in the crypto world.
How about you, what would it be?
Cryptocurrency is a new financial innovation, it is expected that their are challenges that will hit people down as it exist. The challenges that comes with Cryptocurrency didn't happen to stop bitcoin but I know it occurred for people to know the right things to do in the crypto journey. I know from the bad experience that has happened in Cryptocurrency, exchanges many people have learnt a lot and it will also be a guide to help young people who are coming up to join the cryptocurrency system to choose the right investment and exchange to store Cryptocurrency. Their is nothing we can do about the bad events that happened in the past, the only thing will can do about this bad events is to learn from the past experience.
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letteredhub (OP)
Sr. Member
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stead.builders
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September 28, 2023, 07:45:08 PM |
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A lot of crazy experiences has taken place in the crypto space knocking people down financially and it is plausible that nasty things can still occur in the future. But...
What if you could delete an occurrence from happening in the cryoto-world, both past and current events making it that they don't happen or didn't happened. What would it be?
As for me it is the FTX crash saga which led to many persons losing their funds that could have yield some profits by now. It was one of the saddest period for many in the crypto world.
How about you, what would it be?
I personally actually hope that the tragedy of Terra Luna's fall never happens. Because that is where many people who invested in Luna Coins experienced big losses. Not only me but my friends were also affected at that time. I may not have suffered much loss but I still don't like what happened at that time. I feel sorry for the people who lost a lot in that disaster. I think there are many people here who have suffered losses from this incident. Although in reality after that everyone started to learn a lot about how unsafe altcoins are even those in the top 10. And the FTX incident was the same. From there, many people have learned the importance of storing assets in personal crypto wallets and never storing assets on centralized exchanges. The point is, there is a lot of wisdom to be gained behind all of that. A whole lot was learnt from that Luna loss to a great extend though, but still there are people that don't still learn. If a new project just like Luna is flagged off today we will still have multitude crowd diving deep with their investment into it and that's why we will keep on having these losses happening now and then.
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Smartvirus
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September 28, 2023, 11:13:29 PM |
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What if you could delete an occurrence from happening in the cryoto-world, both past and current events making it that they don't happen or didn't happened. What would it be?
I rather not do any of that! Time is the one thing you intend mess with as, this would be you rewriting the history of not just a single person but, a log of individuals who would have issues reconciling there memory to deleted events or lost times of there existence. When it rains here, its shining some place else, though the sun might shine at a spot, the earth does rotate to ensure an even measure of shine on zones. The sad events that might have occurred in the cryptospace was not all sad for everyone. There were those who benefited from these events and that to them was, a good decision and am saying this without giving any particular considerations to the scams and hacks. The events is a learning opportunity and taking it out of existence is you as well taking off that experience.
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dansus021
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September 29, 2023, 02:44:15 AM |
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There are actually a lot of bad things happening in the crypto space including an FTX crash, we cant remove the past history but we can learn from it.
However, if I have to choose there is a dozen ton including making every hack and collapse of centralized exchange should be minimize or at least make it didn't happen at all. Current situation I hope the SEC know what they are doing they should pass the crypto industry as the world too.
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LogitechMouse
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Paldo.io - Crypto Airdrop Database
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September 29, 2023, 03:24:22 AM |
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~ What if you could delete an occurrence from happening in the cryoto-world, both past and current events making it that they don't happen or didn't happened. What would it be?
As for me it is the FTX crash saga which led to many persons losing their funds that could have yield some profits by now. It was one of the saddest period for many in the crypto world.
How about you, what would it be?
MT. GOX INCIDENT that happened between 2010 and 2014. The amount of money that investors lost in the FTX incident was more or less $8 Billion base on a quick google search. As for Mt. Gox, the amount of money that the investors lost at that time was around 850,000 BTC base on Investopedia, and right now, the current price of it is around $22B - $23B. 3 times the amount of money investors lost in FTX. I know that it happened at the early years of Bitcoin, but I would not want to see investors losing that huge amount of Bitcoins. The good thing though is that they're starting to reimburse the lost Bitcoins... or are they? For those who has been in the crypto for around 3 years or even lesser, the FTX issue is the worst hack that happened, but let's not forget that Mt. Gox lost way more money than that. I'm not affected by the FTX incident which is good, but every hack that's happening is a lesson for those who are, and aren't affected.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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dzungmobile
Sr. Member
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I stand with Ukraine!
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September 29, 2023, 04:47:44 AM |
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MT. GOX INCIDENT that happened between 2010 and 2014.
The amount of money that investors lost in the FTX incident was more or less $8 Billion base on a quick google search. As for Mt. Gox, the amount of money that the investors lost at that time was around 850,000 BTC base on Investopedia, and right now, the current price of it is around $22B - $23B. 3 times the amount of money investors lost in FTX.
I disagree with this comparison here. The loss value of victims should be estimated with price of Bitcoin at the times of those fiascos. Mt. Gox accident happened years ago and it's not correct to say about their victims' losses with today Bitcoin price. We can not assume they would have hold all their bitcoins, without any sale, over many years if Mt. Gox accident had not occurred. Crypto exchange hacks has loss value at the time of hack is about $290M. I consider it is a more representative hack value than $22B or $23B. Or better, simply say the losses in bitcoin, it's 850,000 BTC that is always true.
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Renampun
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September 29, 2023, 06:53:05 AM |
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A lot of crazy experiences has taken place in the crypto space knocking people down financially and it is plausible that nasty things can still occur in the future. But...
What if you could delete an occurrence from happening in the cryoto-world, both past and current events making it that they don't happen or didn't happened. What would it be?
As for me it is the FTX crash saga which led to many persons losing their funds that could have yield some profits by now. It was one of the saddest period for many in the crypto world.
How about you, what would it be?
I was a victim of the FTX scam (If I could go back in time then I would avoid saving on FTX), I lost around 6 mbtc and it really makes an impression to this day, but I'm not that down because I know it was my mistake (I keep my btc in CEX). Currently I never store my assets in CEX anymore, the risk is really big that I will lose again, especially since the regulations on exchanges in several countries are quite strict, it is much safer to store crypto assets in a personal wallet.
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YUriy1991
Sr. Member
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September 30, 2023, 09:34:06 AM |
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There are actually a lot of bad things happening in the crypto space including an FTX crash, we cant remove the past history but we can learn from it.
However, if I have to choose there is a dozen ton including making every hack and collapse of centralized exchange should be minimize or at least make it didn't happen at all. Current situation I hope the SEC know what they are doing they should pass the crypto industry as the world too.
I think, it is possible that at that time most people really believe in the idea that this space will develop rapidly in the next 1 to 10 years. Well, if we just look at it and in general, explosive growth cannot last forever and that happened with the FTX crash as the OP said as well as many other bad things happening in the crypto world because it will eventually reach a threshold. . So. In my opinion, whatever our decision to buy a coin must be based on analyzing the real coin and using Google to find/choose the Exchange Service that we like and don't misplace our private key.
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Bitcoin_people
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September 30, 2023, 12:42:01 PM |
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A lot of crazy experiences has taken place in the crypto space knocking people down financially and it is plausible that nasty things can still occur in the future. But...
What if you could delete an occurrence from happening in the cryoto-world, both past and current events making it that they don't happen or didn't happened. What would it be?
As for me it is the FTX crash saga which led to many persons losing their funds that could have yield some profits by now. It was one of the saddest period for many in the crypto world.
How about you, what would it be?
I personally actually hope that the tragedy of Terra Luna's fall never happens. Because that is where many people who invested in Luna Coins experienced big losses. Not only me but my friends were also affected at that time. I may not have suffered much loss but I still don't like what happened at that time. I feel sorry for the people who lost a lot in that disaster. I think there are many people here who have suffered losses from this incident. Although in reality after that everyone started to learn a lot about how unsafe altcoins are even those in the top 10. And the FTX incident was the same. From there, many people have learned the importance of storing assets in personal crypto wallets and never storing assets on centralized exchanges. The point is, there is a lot of wisdom to be gained behind all of that. When the Luna scam broke out, many people were affected. I also invested some amount of money there and many of my associates invested also suffered hugely. It was one of the biggest scams in the short time the Luna platform gained popularity and also the biggest scam ever. This scandal has taught everyone and many have learned from it and many people do not even remember the scandal that happened at that time. Then again the biggest scam happened in FTX where the highest people lost their money and got scammed. FTX was the cryptocurrency popular one where most people invested and when they got scammed everyone was left destitute losing their money. Investors currently do not feel at all safe to invest in Altcoin after seeing the incidents of these scams. Now all the investors are alerted by this scam and they are ready to leave the altcoin investment as they are financially damaged.
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