Cryptocurrency Russia Won't Ban Cryptocurrencies, Will Regulate Them Instead and Treat as Currency |
- Russia Won't Ban Cryptocurrencies, Will Regulate Them Instead and Treat as Currency
- BBC and crypto media: "20-year-old turned $50 into $8m by trading crypto, token he set up has collected $250k for charity ��" What they don't report is, that token shut down in October and seemingly was a scam?
- Coinbase have stolen my Eth deposit and ignored my correspondence with them. A quick search of their support sub reveals they do this a lot and apparently they're getting away with it.
- If this isn’t bullish, then I don’t know what is !! Russia likely to recognise, regulate cryptocurrency as form of currency in 2022.
- Are there any other upcoming Play To Earn games that you believe will be worthwhile?
- With Cathie Wood predicting BTC to hit $1 million by 2030, it's worthwhile remembering her modelling can be very flawed.
- Americans prefer crypto over a traditional savings account, study shows
- FBI warns: SIM-swapping attacks are rocketing, don't talk about your crypto online
- As Russia announced they will treat cryptocurrency as currency and US holding $3.6B worth of Bitcoin. How table quickly turns.
- If you're telling your high school students to invest in crypto, you shouldn't be teaching.
- Hermes Defi proposes V3 Uniswap on Harmony ONE
- How many of you HODL and how many of you trade?
- Russian gov't and central bank agree to treat Bitcoin as currency
| Russia Won't Ban Cryptocurrencies, Will Regulate Them Instead and Treat as Currency Posted: 09 Feb 2022 12:51 AM PST
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| Posted: 09 Feb 2022 03:36 AM PST There is a wholesome story going around by the BBC today, echoed by some crypto "media" about a young crypto millionaire that turned $50 into millions within months trading crypto. Okay, this sound somewhat unbelievable, but there's more to the story. They report, he is giving back to the community and "A cryptocurrency he set up to support charity has already seen more than £200,000 spent on causes, and he is looking to use further funds raised by his currency to realise his foodbank plans for his home town of Birmingham." The problem is: that token shut down in October, as a Twitter user found out through a short search. If you look at their subreddit it's dead and people don't seem very happy - it seemingly was a scam. What the fuck? I know crypto reporting in mainstream media is often bad, and crypto media is always awful, but how can such a big medium publish such a story without the most basic research? Edit: seems like the BBC article was taken down! You can find an archived version in my reply here (I don't want to link it directly as my post couldn't be posted with the link originally) [link] [comments] | ||
| Posted: 09 Feb 2022 05:17 AM PST I deposited ETH, from an address I have used many times, to my CB address I have used many times without issues. Deposit made on Christmas day 2021. I got the usual CB email saying they'd received my deposit, and the tx is confirmed on etherscan. The coins were never put into my portfolio. I opened a support ticket, and got a vague non-answer by reply (we're looking into it). It was promptly closed without explanation. I have since opened another 3 tickets which have all been met with similar vague responses, and then the tickets are closed without explanation. My requests to make a complaint have been ignored. I posted on their subreddit 2 weeks ago and got another vague response, no DMs etc. I've posted there again today but don't expect much. My account is not suspended etc., I am still able to transact with existing funds and deposit fiat. I tested this yesterday. The funny thing is I trade high volume and had I continued using CBP, I would have paid them multiples of the value of this deposit in fees over the next 12 months. Congrats, you played yourselves. I was able to live with CBP constantly going down during periods of volatility (sus AF!) but this is crossing the line. I am purely posting to encourage others to stay away from coinbase and CBP. I am not the first person this has happened to. There are literally hundreds of posts like mine on their support sub where people have had funds vanish and the support team just ignores them. Aside from this their fee structure sucks anyway. People seem think CBP is the cheapest for fees but they're only the cheapest if you trade over $100k per month. I only used them because it was a quick cash onramp from my Revolut account. I'll be sticking with Binance and Kraken from here on out. Be careful where you leave your funds. [link] [comments] | ||
| Posted: 09 Feb 2022 04:41 AM PST
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| Are there any other upcoming Play To Earn games that you believe will be worthwhile? Posted: 09 Feb 2022 04:08 AM PST I want to invest in P2E games as early as possible so I can have my ROI fast, and also, while the prices aren't high. (I'm not gonna use it as my main source of income so don't come at me) Anyways, Here are some of the games that I have found. Any thoughts about the games that I mentioned? [link] [comments] | ||
| Posted: 09 Feb 2022 02:14 AM PST Cathie Wood released her Big Ideas for 2022 and she predicts that BTC will hit $1 million by 2030. I'm bullish on BTC, but I don't think she is the best source to get her information from, just look at her modelling for Tesla:
The most shocking bit of analysis, however, is that her bear case (i.e. a bad scenario) would still be 60% higher than Tesla's current price. So she's saying that you're almost guaranteed to make money on the stock. Ridiculous. It seems that a lot of her reasoning is from picking a price target and then creating a rationale after the fact. If you want to read more, please do so here, the author Asger Bruhn writes very well. Tl;dr: Be bullish on BTC, but not because of Cathie Wood [link] [comments] | ||
| Americans prefer crypto over a traditional savings account, study shows Posted: 09 Feb 2022 03:37 AM PST
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| FBI warns: SIM-swapping attacks are rocketing, don't talk about your crypto online Posted: 09 Feb 2022 03:50 AM PST
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| Posted: 09 Feb 2022 01:38 AM PST When two of the powerhouse country get their hands on bitcoin. What are the chances that bitcoin and other coins will pump prices in the next few weeks/months? If we remember, this two country is hardly denying cryptocurrency since they are fully and hardly invested in 3Gs (Guns, Gold, Gas). Since Russia and US already dipping some of their balls into cryptocurrency, what are the odds that China will also follow to revoke crypto banned? [link] [comments] | ||
| If you're telling your high school students to invest in crypto, you shouldn't be teaching. Posted: 08 Feb 2022 10:02 PM PST If my personal finance teacher started suggesting direct sales to us in high school, they would have been reported. There is a huge difference between teaching minors to budget their money or talking about global trade trends and telling them how to invest in a 'business' or unregulated market. Getting into crypto last year and having a bachelor's in education doesn't make you an expert and you certainly shouldn't be giving any kind of opinion to minors on investing what little money they have or will have in the immediate future. I've been teaching since 2017 and held some crypto since 2018. I've seen students gain and lose interest faster than this subbredit and thanks to most projects ending in rug pulls and pump and dumps now most of my students see all of crypto as a scam, and I can't blame them. It is what it is and if you deny the amount of scam and fraud in crypto, you're delusional. And you wanna know how many times I've brought up crypto investing with my students? Zero times, because that isn't my position to talk to them about it, and I'm sure as hell not gonna be the reason they lost all their money making inexperienced or just bad decisions. [link] [comments] | ||
| Hermes Defi proposes V3 Uniswap on Harmony ONE Posted: 09 Feb 2022 02:45 AM PST
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| How many of you HODL and how many of you trade? Posted: 09 Feb 2022 04:35 AM PST I'm pretty new to crypto (few days deep), not much invested so far but I'm up about 15% from my initial investment. Two of my friends buy crypto, both somewhat successful so far. They both do a lot of research on the coins they buy (as you all should) so they can get a good idea of how the coin might perform in the future. One of them buys and hodls until they can sell at a good profit (or loss). He claims to have made over 10x in some trades by simply hodling. He does do short trades, but very rarely. Although he has lost quite a bit hodling, since his overall portfolio is in the green he's convinced that if you hodl long enough you will come out on top. He says his portfolio is around 80k from a 20k investment. The other friend buys and sells, typically within a few hours sometimes days after buying, for small profits (or loss). These small profits add up though.. he started off trading with only $1000 and his portfolio is now worth over 200k.. he claims he never added any funds and that's all from the initial 1k investment. I've been hodling a few coins and trading others for small profits. How do you all approach crypto? [link] [comments] | ||
| Russian gov't and central bank agree to treat Bitcoin as currency Posted: 09 Feb 2022 12:13 AM PST
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