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MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
09-08-2021, 09:59 AM
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#6751
- The Nothing
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- The Nothing
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Originally Posted By Mogambo⏩
I think the issue is that because of the accounting model Cardano has you can't use the same process as you would on Ethereum. That's not a screwup that's deliberate. You can read about the advantages of EUTXO here:https://iohk.io/en/blog/posts/2021/0...on-on-cardano/Wouldn't FUD be if there was no issue to be resolved? The issue might not seem catastrophic but it sure seems like a hiccup with the most basic of blockchain processes. How do you screw that up from the get go?
09-08-2021, 10:00 AM
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#6752
- KMadigan777
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- KMadigan777
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Originally Posted By Gringo12⏩
No, not meaningful, I've used to to transfer funds, just dust. Arent you one of those cxo shills? Lolz gl with walton 2.0Don't you own bitcoin cash?
09-08-2021, 11:34 AM
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#6753
Originally Posted By frezKo⏩
Don't do it. Too much risky involved with when/if 2.0 is going to be implemented. I'm not sure how Coinbase words it but on Kraken it states that there is no guarantee of when/if your staked funds will ever be available. Plenty of other safer staking options for ETH.Is it worth staking ETH on Coinbase until 2022-2024 for ETH 2.0?
Are there any risks associated with staking? Anyone doing this?
Are there any risks associated with staking? Anyone doing this?
09-08-2021, 11:48 AM
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#6754
09-08-2021, 11:48 AM
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#6755
- ghostfacedup
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- ghostfacedup
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I dunno how people still trust the code on projects like ETH and Cardano, bunch of socialist soyboys programming these things.
09-08-2021, 12:12 PM
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#6756
Originally Posted By frezKo⏩
I am. There are risks, but Coinbase and ETH 2.0 is worth the risk for 5% return imo.Is it worth staking ETH on Coinbase until 2022-2024 for ETH 2.0?
Are there any risks associated with staking? Anyone doing this?
Are there any risks associated with staking? Anyone doing this?
And I'm pretty paranoid about staking. I don't trust BlockFi, crypto.com or any of them for BTC investing.
The main risk is your ETH are locked up.
๐ฎ๐๐๐๐ ๐ ๐๐๐๐๐ถ, ๐๐๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐
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09-08-2021, 12:16 PM
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#6757
09-08-2021, 12:16 PM
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#6758
- keyboardworkout
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- keyboardworkout
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How big of a deal is this? Sure panicked everyone yesterday.
https://www.yahoo.com/now/sec-threat...053246018.html
https://www.yahoo.com/now/sec-threat...053246018.html
SEC threatens to sue Coinbase over crypto lending programme
Tue, September 7, 2021, 10:32 PMยท1 min read
HONG KONG, Sept 8 (Reuters) - The U.S. Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc if the crypto exchange goes ahead with plans to launch a programme allowing users to earn interest by lending crypto assets, Coinbase said on Wednesday.
The SEC has issued Coinbase with a Wells notice, an official way it tells a company that it intends to sue the company in court, Paul Grewal, the company's chief legal officer said in a blog post. He said Coinbase would delay the launch of its 'Lend' product until at least October as a result.
Programmes that allow owners of cryptocurrencies to lend these in return for interest are becoming more common around the world, but some regulators, particularly in the United States have started to raise concerns, arguing that such products should comply with existing securities laws.
The U.S. state of New Jersey ordered the cryptocurrency platform BlockFi Inchttps://www.reuters.com/legal/transa...ing-2021-07-20in July to stop offering interest-bearing accounts that have raised $14.7 billion from investors.
Grewal said in his blog that the SEC's concerns about Coinbase's 'Lend' were related to the fact that the regulator believed the product involved a security. Grewal said Coinbase felt that this was not the case.
The SEC did not respond to an emailed request for comment outside office hours. (Reporting by Alun John in Hong Kong and Kanishka Singh in Bengaluru; Editing by Ana Nicolaci da Costa)
Tue, September 7, 2021, 10:32 PMยท1 min read
HONG KONG, Sept 8 (Reuters) - The U.S. Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc if the crypto exchange goes ahead with plans to launch a programme allowing users to earn interest by lending crypto assets, Coinbase said on Wednesday.
The SEC has issued Coinbase with a Wells notice, an official way it tells a company that it intends to sue the company in court, Paul Grewal, the company's chief legal officer said in a blog post. He said Coinbase would delay the launch of its 'Lend' product until at least October as a result.
Programmes that allow owners of cryptocurrencies to lend these in return for interest are becoming more common around the world, but some regulators, particularly in the United States have started to raise concerns, arguing that such products should comply with existing securities laws.
The U.S. state of New Jersey ordered the cryptocurrency platform BlockFi Inchttps://www.reuters.com/legal/transa...ing-2021-07-20in July to stop offering interest-bearing accounts that have raised $14.7 billion from investors.
Grewal said in his blog that the SEC's concerns about Coinbase's 'Lend' were related to the fact that the regulator believed the product involved a security. Grewal said Coinbase felt that this was not the case.
The SEC did not respond to an emailed request for comment outside office hours. (Reporting by Alun John in Hong Kong and Kanishka Singh in Bengaluru; Editing by Ana Nicolaci da Costa)
โชโโโโโโโโช Equipment Crew #53 โชโโโโโโโโช
^^^^^^^ 6' 6" and Over Crew ^^^^^^^
------------- No Vax Crew ----------------
09-08-2021, 12:35 PM
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#6759
I mean...Coinbase should just go ahead with it and see what the court says.
Best case scenario the court rules, as it should, that the current laws on the books make it so that the majority of the non-centralized cryptos are not securities and off to the jupiter we go.
Worst case scenario court rules in favor of SEC and Coinbase has to pay a fine that barely makes a dent on their books.
Best case scenario the court rules, as it should, that the current laws on the books make it so that the majority of the non-centralized cryptos are not securities and off to the jupiter we go.
Worst case scenario court rules in favor of SEC and Coinbase has to pay a fine that barely makes a dent on their books.
09-08-2021, 12:38 PM
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#6760
- OrdoAbchao
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- OrdoAbchao
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Originally Posted By frezKo⏩
If you don't have enough for a full node then the answer to that probably depends on their reward rates. The lock up is sort of scary if you have some kind of sell price determined in your head. I like Celcius so far. You can stake with no lock up for 5.5% rewards and a very small minimum. If you have 32 ETH to run a full node I like the idea of Lido. You can connect to them through your ledger and they also give you a stETH token in return which represents your ETH staked in case you would like to sell out of your position at a certain price. It's almost a top 50 coin so the volume is there to sell/buy. There are obviously still risks etc, but earning some passive income is always nice while you are also helping the ETH network get closer to 2.0.Is it worth staking ETH on Coinbase until 2022-2024 for ETH 2.0?
Are there any risks associated with staking? Anyone doing this?
Are there any risks associated with staking? Anyone doing this?
What are you on about mate?
09-08-2021, 03:17 PM
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#6761
09-08-2021, 03:39 PM
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#6762
- entropy91
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- entropy91
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Originally Posted By KMadigan777⏩
This is priceless. The helmet is quite fitting now that we know you're an actual retard.I knew the local top was in, I even called it a few posts back. When you have new idiots like entropy91 running their mouths like they are pro, you know the bubble is about to pop. Good metric to keep in mind for next time!
https://forum.obnoxiousbrutes.com/showt...post1512668181
https://forum.obnoxiousbrutes.com/showt...post1513187051
https://forum.obnoxiousbrutes.com/showt...post1511726271
https://forum.obnoxiousbrutes.com/showt...post1524601281
https://forum.obnoxiousbrutes.com/showt...post1523632051
https://forum.obnoxiousbrutes.com/showt...post1522581921
You guys remember the great bear market of 2017 don't you?
Brutal.
09-08-2021, 04:05 PM
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#6763
- markkillerings
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- markkillerings
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Should I just stop fukking around and buy some Solana?
09-08-2021, 04:43 PM
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#6764
- entropy91
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- entropy91
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Originally Posted By markkillerings⏩
Always best (or at least safer) to DCA.Should I just stop fukking around and buy some Solana?
Personally I think we retest somewhere around the 42k area before we push higher.
09-08-2021, 04:56 PM
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#6765
Originally Posted By kusok⏩
bought sol at 30, sold at 60 happy with 2x profits, 1 week passes and it went to 200, I REEEEEEED hardToo much smoke around Ada. Iโm gonna drop mine on Friday or something around that big event thing for them, hopefully it will run up a bit more first, bought mine at 1.50, I heard it can go to $10 but it can also go to $1โฆ Iโm too pussy to take that chance with smoke.
Fml lol as soon as I sold algorand it went up 30% RHEEE!!!
Fml lol as soon as I sold algorand it went up 30% RHEEE!!!
09-08-2021, 05:15 PM
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#6766
- ElmoMAD
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- ElmoMAD
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Is the CRO Card worth it? I'm seeing 2%+ back + Spotify/Netflix reimbursement? What are your opinions misc? Seems like an easy choice, but I'd like to hear an alternative POV
Sam Darnold 2021 MVP | North Carolina and the DMV | Always pick 3 crew SRS
09-08-2021, 05:17 PM
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#6767
- dabbmw2002
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- dabbmw2002
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Post deleted by user
Original Ruckus
09-08-2021, 05:50 PM
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#6768
- Oddball8945
- OMG GFH
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- Oddball8945
- OMG GFH
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Originally Posted By dabbmw2002⏩
crazy stuff, i just sold my position i got in under a buck at 1.86. the green candle and volume is the highest single day ever i think. wtf these candles always end badly unless its solanaconverted my ALGO a couple weeks ago.....painful....wish I were in on the manipulation. Makes zero sense that it would moon while everything else eats chit. A bigger game is afoot and we aint in on it.
Deport ALL Illegal Aliens
09-08-2021, 06:06 PM
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#6769
- ElmoMAD
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- ElmoMAD
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And Algo cracks 2.
About time. It was primed for breaking out in May, but every time it pumped, it was always met with a market crash. This time, it pumps during the market crash.
About time. It was primed for breaking out in May, but every time it pumped, it was always met with a market crash. This time, it pumps during the market crash.
Sam Darnold 2021 MVP | North Carolina and the DMV | Always pick 3 crew SRS
09-08-2021, 06:51 PM
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#6770
09-08-2021, 07:08 PM
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#6771
Originally Posted By markkillerings⏩
FOMO power, you might get lucky and might not.Should I just stop fukking around and buy some Solana?
๐ฎ๐๐๐๐ ๐ ๐๐๐๐๐ถ, ๐๐๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐
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09-08-2021, 07:24 PM
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#6772
Originally Posted By ElmoMAD⏩
So I think its worth it for places like Aus where Gov gonna take 50% of all your earnings. This might be a way to avoid tax for few ppl.Is the CRO Card worth it? I'm seeing 2%+ back + Spotify/Netflix reimbursement? What are your opinions misc? Seems like an easy choice, but I'd like to hear an alternative POV
09-08-2021, 07:59 PM
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#6773
Originally Posted By ElmoMAD⏩
There are different tiers of cards with different rewards based on how much CRO you lock-up (USD $0, $400, $4,000, $40,000 or $400,000). I've got the middle tier card with $4,000 in CRO locked-up for 180 days. Pretty incredible rewards IMO - 10% interest on the locked-up CRO paid in CRO weekly to your account, 3% cashback on purchases using the card paid in CRO instantly after purchase, Spotify/Netflix reimbursement up to around $25/mo paid in CRO instantly after monthly payment, access to airport lounges, and a few other perks. You can also get pretty great rates lending out other coins, particularly stablecoins which will give 12% interest for 3 month terms.Is the CRO Card worth it? I'm seeing 2%+ back + Spotify/Netflix reimbursement? What are your opinions misc? Seems like an easy choice, but I'd like to hear an alternative POV
The 10% interest on locked-up CRO is really 17.5% if you count the Netflix/Spotify reimbursement (assuming you subscribed for those regardless). Plus there's always the chance that CRO increases in value too (already up 30% since I got in a month ago).
Rewards get even better if you can spring for the higher tier cards.
09-08-2021, 08:11 PM
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#6774
- Gringo12
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- Gringo12
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Originally Posted By Scotty.⏩
I've just ordered my green card too. Don't have to pay any tax on rewards if I sell them straight away.There are different tiers of cards with different rewards based on how much CRO you lock-up (USD $0, $400, $4,000, $40,000 or $400,000). I've got the middle tier card with $4,000 in CRO locked-up for 180 days. Pretty incredible rewards IMO - 10% interest on the locked-up CRO paid in CRO weekly to your account, 3% cashback on purchases using the card paid in CRO instantly after purchase, Spotify/Netflix reimbursement up to around $25/mo paid in CRO instantly after monthly payment, access to airport lounges, and a few other perks. You can also get pretty great rates lending out other coins, particularly stablecoins which will give 12% interest for 3 month terms.
The 10% interest on locked-up CRO is really 17.5% if you count the Netflix/Spotify reimbursement (assuming you subscribed for those regardless). Plus there's always the chance that CRO increases in value too (already up 30% since I got in a month ago).
Rewards get even better if you can spring for the higher tier cards.
The 10% interest on locked-up CRO is really 17.5% if you count the Netflix/Spotify reimbursement (assuming you subscribed for those regardless). Plus there's always the chance that CRO increases in value too (already up 30% since I got in a month ago).
Rewards get even better if you can spring for the higher tier cards.
Not to mention the extra 2% boost it gives on your earning program. Staking usdc for 12% is insane. Basically a pay rise every year
Fck u james
09-08-2021, 08:51 PM
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#6775
09-08-2021, 09:17 PM
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#6776
- WHYCANTILIFT
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- WHYCANTILIFT
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Originally Posted By kusok⏩
bought fetch at 0.55, honestly didn't expect it to hold this well but damn sure glad i did. the reason I bought fetch ai is because alethea.ai partnered with them or something. I remember alethea.ai tweeting about fetch. Anyway alethea is creating an iNFT (intelligent NFT) and I haven't heard of anyone else doing this.Fetch ai good to buy?
Also, What would u convert Ada to now?
Also, What would u convert Ada to now?
09-08-2021, 10:35 PM
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#6777
09-08-2021, 10:37 PM
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#6778
Originally Posted By entropy91⏩
No, don't trust my funds there.Are you Ameribrehs using the crypto.com wallet or their defi wallet for staking? Just got cucked trying to sign up for their exchange.
Brutal.
Brutal.
๐ฎ๐๐๐๐ ๐ ๐๐๐๐๐ถ, ๐๐๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐
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09-08-2021, 11:00 PM
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#6779
- ghostfacedup
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- ghostfacedup
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Originally Posted By Luc1fer⏩
don't trust crypto.com? They are pretty legit.No, don't trust my funds there.
09-08-2021, 11:29 PM
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#6780
Originally Posted By ghostfacedup⏩
Iโm sure they are, my bar is just very high to park $$$ there instead of my hardware wallet.don't trust crypto.com? They are pretty legit.
๐ฎ๐๐๐๐ ๐ ๐๐๐๐๐ถ, ๐๐๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐
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