Cryptocurrency News & Discussion

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The original was posted on /r/cryptocurrency by /u/tarkovr11 on 2023-12-27 12:32:02+00:00.

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The original was posted on /r/cryptocurrency by /u/misunderstoodR on 2023-12-27 11:19:40+00:00.

My last post was regarding FixedFloat freezing my exchange as they flagged it as fraudulent. This happened right before Christmas and had me panicking hard!

They had asked for evidence of where the monies came from and gave me a list of transactions I had to verify and explain. After a lot of back and forth they agree’d to refund or continue with my exchange.

I think it’s important to share these experiences with the community so others are aware these things can happen. If I was unable to show evidence of the transactions then 30K would just vanish.

It’s safe to say I’ll very vigilant moving forward.

X

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The original was posted on /r/cryptocurrency by /u/misunderstoodR on 2023-12-27 11:19:40+00:00.

My last post was regarding FixedFloat freezing my exchange as they flagged it as fraudulent. This happened right before Christmas and had me panicking hard!

They had asked for evidence of where the monies came from and gave me a list of transactions I had to verify and explain. After a lot of back and forth they agree’d to refund or continue with my exchange.

I think it’s important to share these experiences with the community so others are aware these things can happen. If I was unable to show evidence of the transactions then 30K would just vanish.

It’s safe to say I’ll very vigilant moving forward.

X

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The original was posted on /r/cryptocurrency by /u/drjacks on 2023-12-27 11:12:49+00:00.

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The original was posted on /r/cryptocurrency by /u/drjacks on 2023-12-27 11:12:49+00:00.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-27 10:44:30+00:00.

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The original was posted on /r/cryptocurrency by /u/sylsau on 2023-12-27 10:40:26+00:00.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-27 10:44:30+00:00.

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The original was posted on /r/cryptocurrency by /u/sylsau on 2023-12-27 10:40:26+00:00.

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The original was posted on /r/cryptocurrency by /u/jam-hay on 2023-12-27 10:01:46+00:00.

Facebook giving cryptocurrency a bad name again. Martin Lewis has sued Facebook for running these ads before which he's said have nothing to do with him or even Bitcoin and that ultimately it's the social media companies that are responsible for allowing them on their platforms.

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The original was posted on /r/cryptocurrency by /u/CptRedPanda on 2023-12-27 07:58:44+00:00.

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The original was posted on /r/cryptocurrency by /u/Mediocre_Suspect_203 on 2023-12-27 06:05:01+00:00.

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The original was posted on /r/cryptocurrency by /u/xinjiangnumberone on 2023-12-27 05:12:43+00:00.

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The original was posted on /r/cryptocurrency by /u/Mediocre_Suspect_203 on 2023-12-27 06:05:01+00:00.

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The original was posted on /r/cryptocurrency by /u/Function_Initial on 2023-12-27 05:19:24+00:00.

Curious what people’s perspective is in this subreddit for the loan program Gemini had with Genesis. I chose to vote no as I believe the people with far more money deserve the chance to recover more. The current bankruptcy plan would settle with BTC at a price of like $12k when it was at 18-20k when the scam went down. Just doesn’t sit right that some people may have bought in when I did and are missing out on close to 300% returns. I just put some shits and giggles amounts in that I could afford to lose and EASILY lose. I know a lot of others weren’t so lucky.

More specifically, I saw to borrow Genesis had to offer some absurd amount of future shares as collateral from cryptocurrency ETFs. I think they seek to be getting away from way more creditors. Don’t quote me on this, but I believe like 95% of their creditors come from the 300,000 people scammed by the earn function. Further, apparently there’s evidence Gemini knew or should’ve known Genesis was defunct? This situation is kinda nuts.

Whether or not you’re a part of the class, what do you think the best outcome is and why?

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The original was posted on /r/cryptocurrency by /u/noduhcache on 2023-12-27 04:25:04+00:00.

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The original was posted on /r/cryptocurrency by /u/Bye_H8er on 2023-12-27 02:21:17+00:00.

A majority of the time I click on a YouTube video pertaining to cryptocurrency, I’ll see an influential leader like Charles Hoskinson, the Brad Garlinghouse & now I’m seeing Michael Saylor and they’re all talking about (not really them. The image and the voices are incredibly realistic though) sending your coins to a QR code on screen and that they’ll give you double of whatever you send. The main problem besides the misleading video is that you can’t even report it on YouTube. You can only click “stop seeing ad” and 3 vague reasons you don’t want to watch them like is it repetitive? Is it inappropriate or irrelevant and while I might not see the ad again myself, other unsuspecting retailer investors are at risk. It’s a shame with the bull market just beginning that this negativity isn’t being curbed but allowed to continue on unmolested. Is there anything we can do to stop these malicious advertisements and they seem to be sponsored as well.

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The original was posted on /r/cryptocurrency by /u/MindlessBadger281 on 2023-12-27 01:48:19+00:00.

A family emergency means I have to sell my beloved moons as I have no spare cash at the moment due to Christmas. I’ve managed to get them into MetaMask but now I’m stuck.

Are there any faucets I can use for gas? I know I’m currently on the nova arbitrum network but none of the faucets I’ve found here in Reddit are working.

If I buy some eth do I send it directly to my MetaMask on the arbitrum network or do I need to do something to bridge it over to the arbitrum network? How much would I need to buy? Sorry, never done this before so I am a little confused. If someone could point me to a relevant post that would be appreciated or suggest a faucet I can use to get the gas I need to do this I would be really grateful.

Wishing everyone a merry Christmas and a happy new year 🥳

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The original was posted on /r/cryptocurrency by /u/MSan17 on 2023-12-27 01:14:43+00:00.

My moms been working furiously on the computer today and has been very crabby and she called me over to help her find the IP adress of some website. I saw that she was on a website for filing complaints and it said stuff like enter the info regarding the "website that has victimized you". So then I was googling how to do find an IP adress using her laptop cus idk anything about that stuff either and i saw lots of previous search history for "how to recover from crypto scam" or something about pig butchering.

Anyways she just got impatient and shooed me away.

Im kinda worried cus my moms not as good with technology and recognizing suspicious things on the internet so i called my dad whos way better at that stuff and he was just like "oh well, idk, she should call the police and just finish that complaint or wtv.

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The original was posted on /r/cryptocurrency by /u/Feeling-Inside5147 on 2023-12-27 00:47:10+00:00.

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The original was posted on /r/cryptocurrency by /u/CryptoDaily- on 2023-12-27 00:00:45+00:00.

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

Rules:

• All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
• Discussion topics must be related to cryptocurrency.
• Behave with civility and politeness. Do not use offensive, racist or homophobic language.
• Comments will be sorted by newest first.

Useful Links:

• Beginner Resources
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The original was posted on /r/cryptocurrency by /u/rareinvoices on 2023-12-26 20:22:59+00:00.

Original Title: The BCH community has created an onchain platform where you sell your BCH upside potential for a fee and receive downside protection as well (covered call with downside protection basically). APR a few days ago was 42% today its 21%

Compare and contrast this to the stock market, where if you sold covered calls 50% below spot, you would receive a few pennies, or nothing at all. If you sold near the money taking on high risks, you still wont likely get anywhere near 21%-42%, and may even suffer losses on big moves against you.

Obviously BCHBULL has risks, and its a different product, but it has high rewards too, and is a new income producing product. Imagine receiving your retirement monthly income from crypto hedged interest payments, collecting money from some resort island somewhere.

Also this product provides an alternative to selling at crypto price goals, instead of selling , hedge the crypto for dollars and collect income on it. If the interest rate drops too much, then sell the crypto, if the interest keeps coming in, just use it as a cash income generator.

The interest rates are actually far higher because you can relend the interest payments (cumulative interest), plus the interest payment is given when the contract is opened, so you can already lend it from day 1.

Looks like links not allowed so check out r/BTC where its discussed in more depth. Just search r/btc for "BCH BULL", its been online since October 2022.

Not trading advice, just sharing informational thoughts.

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The original was posted on /r/cryptocurrency by /u/litecoin-master on 2023-12-26 19:25:11+00:00.

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The original was posted on /r/cryptocurrency by /u/Negative-Cheek2914 on 2023-12-26 18:25:53+00:00.

I know this sounds dumb but bear with me.

Me, as well as other people who invested in SOL might be wondering this, you buy this thing for $10, maybe as a joke or maybe because if it does recover it will be a lot higher, time passes and against all expectations and plenty of due dilligence highlighting the bearish outlook on SOL, this thing is now $100, and we are not even in a bullrun, how can i stop myself from getting greedy and cashing out and instead leave the coins on my wallet for the next 2 years? How do i stop myself from wanting to sell the moment i see 500% gains?

It’s consistently hard to pick a project because on paper some look a lot better than others but when i look at Matic or XRP their charts are vomit-inducing and definitely make my wallet run for the hills, so i have decided to put all my eggs in one basket in the nice little Solana universe with all it’s memecoins and suddenly free-of-outages network.

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The original was posted on /r/cryptocurrency by /u/MindlessBadger281 on 2023-12-27 01:48:19+00:00.

A family emergency means I have to sell my beloved moons as I have no spare cash at the moment due to Christmas. I’ve managed to get them into MetaMask but now I’m stuck.

Are there any faucets I can use for gas? I know I’m currently on the nova arbitrum network but none of the faucets I’ve found here in Reddit are working.

If I buy some eth do I send it directly to my MetaMask on the arbitrum network or do I need to do something to bridge it over to the arbitrum network? How much would I need to buy? Sorry, never done this before so I am a little confused. If someone could point me to a relevant post that would be appreciated or suggest a faucet I can use to get the gas I need to do this I would be really grateful.

Wishing everyone a merry Christmas and a happy new year 🥳