Cryptocurrency

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  • _niko5

  • doggydoggdog0

    Do you think any are ever gonna go up?

    • After they hit almost zero.formed
    • Still meeting people who are hoping for another cycle

      Clowns
      grafician
    • Yes they will go up again. Of course. People can’t help themselves when it comes to money.monospaced
    • gambling is a helluva drugKrassy
    • fool me once, fool me twice, fool me three times... how many times a fool? I look forward to the next halving and the same exact shit said here on this thread.inteliboy
    • I disagree that people can't help themselves. If it goes to zero, or say $100, so many will have lost everything. It would take a generation to reach $60k.formed
    • Look at the stock market after the dotcom crash. Took a decade to regain the losses.formed
    • Well, this isn’t anything like the dotcom crash, it’s more like gambling. For all the capital lost, it was gained by someone else else. It will go up againmonospaced
    • I don’t know what company from the dotcom that you’re referring to that took decades to recover. They either went under or are still here and running the world.monospaced
  • neverscared1

    NFT scams, toxic ‘mines’ and lost life savings: the cryptocurrency dream is fading fast

    It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists

    https://www.theguardian.com/comm…

    • Oligarchs in the country must be grateful, given that trading between the Russian rouble and crypto assets has doubled since the assault on Ukraine began.neverscared
    • the guardian... and fiat has become the tool of war mongers and it's value (your life) stolen from your hands by quantitive easing... no? oh ok...shapesalad
    • This is the equivalent of new age hippies moving to some commune in the jungles of Bolivia or some other banana republic and setting up a libertarian utopia_niko
    • ...based on some vague conspiracy theories but mostly based on too much drugs. It never lasts._niko
    • *POOF*formed
    • toxic boys and their hate on fiat... like nazis.neverscared
    • hippies versus nazis which side are u on ?neverscared
  • utopian2

    • Certain projects probably do resemble this but people thinking all blockchains are pyramid schemes don't understand the technology and/or its potential.MondoMorphic
    • ...it's the same thing as saying the Internet is a pyramid scheme.MondoMorphic
    • Religion?Krassy
    • one Religion for all humanity: $$$uan
  • grafician5
  • nb0

    So what are the climate-conscious coins?

    Where can I follow the latest in reducing the environmental impact of crypto

    • avoid ethereum.uan
    • for the others...just hold them, don't send them around.uan
    • stop dreaming, u have to get your hands in bloody like the rest .. cut out the ethic shit... fuck the planet up . dont be such a whiner.neverscared
    • It has nothing to do with the coins, it's all about where they get their juice from. If you're mining in Quebec for example it's all hydro.zarkonite
    • buddy do you get waste is waste and crypto is waste?grafician
    • do you super environmentalists drive cars?uan
    • No, not that cars have anything to do with why I’m askingnb
  • GuyFawkes0

    for about 50 minutes today I had around 22 billion dollars in XRP (maxed at 24 billion), the second I was going to to transfer that shit out of coinbase to another wallet so I convert it to another coin it dropped back down to where it was leaving me with about $900 in XRP.

    • I'm still fucking shakingGuyFawkes
    • That happened to me once with VET,
      $3.5bn- tried to convert it to BTC but then it failed and when back to normal - still yeah quite the buzz while it lasted!
      _me_
    • You thought you'll get away with that shit? Lolbabydick
    • no, not really . . ._me_
    • At its peak I was “up” $24 TRILLION.5timuli
    • like little children... its embarrassing ... so much greed .. wow.neverscared
  • spl33nidoru4

    C) I can’t believe we could have all been rich

    • that's what we've been saying now, looking back a few years :)monospaced
  • _me_4

    • thanks for this, checked qbn before bed and ended up making some good trades i would have missed :Dkingsteven
  • utopian3

    Cryptocurrency sure does look like a sure bet!

  • shapesalad3

    Here’s why:


    • So I wasted my time arguing with fadein11 and mono about this: https://www.qbn.com/…

      Smh...
      grafician
    • no you didn't, you argued about something completely different and were completely wrong then and now. Even your own links confirmed how wrong you were.fadein11
    • what's funny is how you think anyone who calls out how wrong you are has anything invested in it. You clearly have the most invested in this BS.fadein11
    • @fade after all those articles I posted and now even this video says the same things but you still deny the facts?
      Dude...
      grafician
    • lol, you are a fucking idiot. you said the UK had banned buying and selling crypto on Binance, you were wrong then and wrong now. This videofadein11
    • has nothing to do with your BS claiim. Even all your own links told you so in simple bullet points. Do you ever work?fadein11
    • The entire market says that Binance is banned in the UK, from the FCA to any crypto news website but you still think I'm wrong...grafician
    • Oh my god you moron. FCA denied a UK subsidiary of Binance approval to offer derivative services (regulated in UK). Go back and read your links fintech bro.fadein11
    • The FCA denied also the entire fucking Binance group, including the UK subsidiary. It's all illegal, do you still get that?grafician
    • And as a result, Binance is banned from working with banks and clearing houses and anybody who wants to ever touch any regulated financial marketgrafician
    • yep derivatives because they are regulated in the UK. You know, like I said in my first comment on that thread. Buying and selling crypto is not bannedfadein11
    • on Binance. You really must read your own links before sharing as they all confirm the above. You are an unconscionable ball-breaker.fadein11
    • Even the fucking Cayman islands banned Binance!
      Binance is a floating casino!
      grafician
    • You may be right, I don't use it. I just noticed you were making false claims. And were proven so by your own links. It suited your narrative but the simplefadein11
    • bullet points at the opening of each article proved otherwise, you know the bullets you didn't bother to read in your frenzied hastefadein11
    • Yeah sorry, can't make you understand any facts around this story, you Brits are some thick fuckersgrafician
    • don't be sorry, everyone is wrong sometimes.fadein11
    • Sure buddy, you keep buy and sell that crypto on Binance
      Smh...
      grafician
    • I don't use Binance, I have said 3 times prior to this. smhfadein11
    • so practically you have no clue if what you keep saying is true or not, alright got itgrafician
    • oh, so you use Binance then?fadein11
    • the truth was in your own links buddyfadein11
    • yeah the truth was in the articles I keep posting and you keep denying, the truth that the entire industry holds but you still refuse to acknowledge, but okgrafician
    • so you use Binance?fadein11
    • people make videos about the underlying issues, people talk on twitter, forums, blogs, etc.
      the truth is there even if some deny it or not, ofc
      grafician
    • the truth is what I posted above you muppet.fadein11
    • Exhibit A:
      https://decrypt.co/7…
      fadein11
    • and after tons of posts on this forum, do you think I decided to post some wrong bullshit?! LOL I just pass the info bro, you guys decide for yourselves, or notgrafician
    • I admire your conviction buddy.fadein11
    • so if you think the info I provide is wrong, it's just easy to do a search anywhere and see if it checks out or not, or post something that disproves that, ok?grafician
    • BREAKING: your own link headline proves you're wrong. Lolz.fadein11
    • No mate, it probably disproved something you're keen on still keeping as a fact - but only you, the entire market thinks otherwise. Look at the bans on Binancegrafician
    • Just because Binance offers services, doesn't mean you can still use those legally. The fact that Binance is cut from banking now, should be a clear sign.grafician
    • omg... i thought we were over this in the comments on the other post above.
      you said buying and selling crypto on binance had been banned in the UK, you were
      fadein11
    • wrong and still are wrong... I only commented on that one detail. You were factually incorrect. WTF is wrong with you lol?fadein11
    • You are now trying to conflate it with a wider argument which I was never arguing against!fadein11
    • Jesus give it a rest.fadein11
  • GuyFawkes3

    • so instead of debit or credit cards were you get rebounds for shopping, they introduced bitcoin to poor people
      smh
      grafician
    • This is awesome. Soon enough they'll scale all their pricing to Satoshis, and remove the need to price goods in USD. Super positive.DRIFTMONKEY
  • Wolfboy1

    Does anyone use Luno as a platform to buy/sell/keep cryptos?

    The reason I ask is I had a pizza last night from Papa Johns and (in the UK) they have a special offer running in conjunction with Luno that gives £10 worth of Bitcoin free with the meal. I already have a Coinbase account, so I thought I might as well claim it and move it over there.

    But when I downloaded the app and opened an account to claim it, I saw there were a couple of options for storing Bitcoin. One of which was a 'Bitcoin Savings Wallet'. You store you BTC in there & then you are loaning your coins to investment partners and Luno pay (a targeted) 4% interest into your account. Plus your coins still track the increases/decreases of the market.

    Has anyone else used this wallet? Or a similar wallet elsewhere?

    BTW, If anyone wants to claim a free tenner in BTC, I have a referal code for the platform:

    8UP5UE

    • Mode app gives 5% for holdingshapesalad
    • 'a free tenner' if you add £100 of BTC to your Luno account (exc their fees).

      Boo.
      Nairn
    • Are these the guys who advertise "If you're reading about crypto on the side of a bus, it's time to get involved" or somesuch?Nairn
    • @Nairn Was that the deal for the referral code? Sorry, I didn't look at the Ts&Cs.Wolfboy
    • As for the ads, I'm not sure, I hadn't heard of them till we were ordering a take away.Wolfboy
    • I think that's called staking.cherub
  • randommail0

    What do I use to buy some Safemoon?

    Anyone else dipping toes into Safemoon?

    • https://www.laptopma…Continuity
    • ^ That's a hell of a processContinuity
    • (DeFi) token.sted
    • no.sted
    • Before you buy the trending DeFi token, you should know that SafeMoon penalizes sellers with a 10% fee, and redistributes half to other token holders to ince...sted
    • fraud.sted
    • I like the name Safemoon, it instills confidence. Reminds me of OnlyUp coin https://pbs.twimg.co…drgs
    • Holy process. I don't even have a wallet - only stored BTC on coinbase. Has anyone here actually done it?randommail
    • Imagine your parents trying to pay their bills with Safemoon coinsdrgs
    • ITS A FUCKING TOKEN.
      not even a real digital coin
      sted
    • I got $35 in itjohnny_wobble
  • fadein112

    • So if you hold ETH it will “become” ETH2 when it comes online?hardhat
    • it's just the platform that's updating. The coin will be the same yes.fadein11
    • Thanks for the link. Loving this guy. Only started investing in crypto a couple months ago but immediately was drawn in by the Etherium and Cardano projects.mandomafioso
  • shapesalad2

    ETH is £26 away from being £2k per coin.
    It was £150 a year ago.

    I love cryptocurrencies.

    • btc value is what I watch.... eth is kinda doing alright. but a bit sluggish.inteliboy
    • lol, just alright? eth is growing 2.5x faster than btc in the last year.Milan
    • @shapesalad you're gonna be sooo rich!Krassy
  • johnny_wobble1

    No safemoon YOLOers?

    • You Only Lose Once ?Krassy
    • ha, i pissed off $50 on it...slinky
    • I thought it crasheddrgs
    • :) I got $35 on it at .000006
      It's launching on new platforms, to the moon, baby!
      johnny_wobble
  • grafician0

    "Police search cryptocurrency trading firm after Turks say they were scammed"

    https://www.reuters.com/world/mi…

    • Never used that site but I was expecting this to happen at some point.Beeswax
    • Especially now when Turkey is not doing so well, very unfortunate eventgrafician
    • Similar to Quadriga CX scam in Canada?Milan
    • CEO flew to Albania possibly taking $2B worth of client funds. Will probably hide, do a face surgery.NBQ00
    • I guess erdogan asking everyone to invest in Turkish currency ain’t going too wellGnash
  • Hayzilla0

    Stupid Question.
    I'm in the UK and bought £1k of Bitcoin in December.
    It's at £1.5k right now. If I cash out to my bank account if it reaches say £5k. Will I get taxed at all?

    • https://www.gov.uk/g…Nairn
    • ^ Thanks. So it seems it's tax free until £12,300. After that it's 50% CG Tax. Wow.Hayzilla
    • How about crypto traders? How they get taxed?grafician
    • Gambling wins don't appear to be taxed in the UK though, somewhat ironically.Nairn
    • There's a product there.Nairn
    • i'm gonna keep all mine in until im ready to cash out at 50M when i move to some nation that doesn't taxhardhat
    • $4k income will be taxed. Why on earth wouldn’t it?monospaced
    • Oh. So jelly. In the US they tax any and all capital gains that I know of.monospaced
  • Nairn2

    "Multiply by a few million office floors all across the globe."

    But isn't that exactly the point? Those millions of energy expenditures are utilised by millions, tens of millions of people which then fund further tens or hundreds of millions of people in their economies.

    Comparing Crypto energy expenditure to the global financial system is ... well, a bit daft, given the gulf in actual usable value for actual human beings between them.

    • that energy could be spent in more useful ways and more eficiently, giving people the oportunity to pursue more creative and self fulfilling activities.ESKEMA
    • Crypto also allows people in their economies to flourish in a more liberating wayESKEMA
    • It doesn't really, at all. In Africa and China centralised but mobile-based financial services massively dwarf crypto usage.Nairn
    • No one is utilizing the lights at night. They're just on because someone decided that grainy security camera footage is worth a few thousand bucks per year.nb
    • But your other point is solid. Should not compare crypto to global financial system. Although one might argue how real that is....nb