MISC Crypto Crew (MCC) Vol: XII: Retirement plans and exit scams

[Mogambo]

No actually buying crypto on robinhood is worse than nothing

I think Coinbase is worse because they are in bed with the US government.

US brahs have to take an L when it comes to a fiat on ramp. The choices are few so you're going to bend over regardless of what you go with.

[ghostfacedup]

I think Coinbase is worse because they are in bed with the US government.

US brahs have to take an L when it comes to a fiat on ramp. The choices are few so you're going to bend over regardless of what you go with.

Problem w/Robinhood is you can't send to a wallet lol, you don't even own them. But you can ride the wave still...which is all I"m doing with my non HODL stack. The problem will arise if BTC becomes too valuable and I need to actually HODL.

[codefreeze]

https://twitter.com/iamjosephyoung/s...85091346989056

"A billion dollars was just liquidated just in bitcoin and ethereum."

[Mogambo]

Problem w/Robinhood is you can't send to a wallet lol, you don't even own them. But you can ride the wave still...which is all I"m doing with my non HODL stack. The problem will arise if BTC becomes too valuable and I need to actually HODL.

wait...haven't you been posting ITT for a while now?

Should have your ducks lined up by now.

[2020Wellness]

Looks like wall street finally got those bonuses, right in time for chinese new year

I don’t know if a more crypto sentence exists. JFC.

[ghostfacedup]

wait...haven't you been posting ITT for a while now?

Should have your ducks lined up by now.

Definitely. I screwed up and didn't have time to transfer between RH and CB and I wanted to catch this run. So I'm stuck with it on RH.

[Mogambo]

I hope Travala brah hasn't wrecked his Lambo yet.

[juvefan]

I think Coinbase is worse because they are in bed with the US government.

US brahs have to take an L when it comes to a fiat on ramp. The choices are few so you're going to bend over regardless of what you go with.

Who cares, i don’t aspire to go to jail for tax evasion

[Mogambo]

Who cares, i don’t aspire to go to jail for tax evasion

Fair enough. I lean towards the anarchist mentality of cryptocurrencies so on principle I avoid CB. But if you don't care about CB sharing your information with the government, by all means....

[BDSMBBW]

So i guess thats it. That was the pullback to 10500 and it just went back above 11k again wtf. 20% wick move on eth low leverage high leverage doesn't matter arthur will find your stop and rekt u.

[Serenadium]

17% instantaneous price drop on BTC.

So anyone tha opened a BTC long at 12.2k at more than 5.88x leverage got flushed. These dodgy spike drops/gains are the main reason I don't margin trade.

[MUKILAN007]

Fair enough. I lean towards the anarchist mentality of cryptocurrencies so on principle I avoid CB. But if you don't care about CB sharing your information with the government, by all means....

[BDSMBBW]

Guys all you need to do to get rich in crypto is make 2% a day. Its very easy guys.

[PimpMasterC]

ETC 51% attacked for the second time, yet the market cap is 800 million+. Shows how extremely overvalued some of these are. Companies with millions of daily users, with a hundred million in revenue dont even have that high cap.

Its only 10x from previous ATH. BTC got dis

Not gonna happen. The whales wil have cashed out and bought an island long before then. When the big boys cash out, who will buy their bags? We are talking many billions that the average investor will have to buy up. That is very unlikley to happen, especially as the global finance crisis gets worse. Low level investors will be forced to sell crypto to pay for rent, not buy it. So, it´s not gonna go to 200k, because its fundamentally flawed, and smart money knows this, while dumb money wont fill the gap once the big boys leave.

[StevieSparkZ]

Anyone in SXP? (Binance owns coinmarketcap.com and SXP/Swipe)

Main net August 15, 2020

SGV airdrop for SXP holders August 17, 2020 based on snapshot.

Total supply 10,000,000 SGV ever in existence.

There will be a distribution of 1 SGV per 100 SXP.

Looking at Swipe and Crypto.com.....

Is there any reason to go with Swipe over Crypto.com ?

[Mogambo]

ETC 51% attacked for the second time, yet the market cap is 800 million+. Shows how extremely overvalued some of these are. Companies with millions of daily users, with a hundred million in revenue dont even have that high cap.

To be fair though this is true of legacy markets as well.

The same criticism is leveled at large corporations whose top level management are more concerned about stock price than the actual nuts and bolts of the company. It just comes with being an asset that's publicly traded.

For example, with a project like Siacoin, ideally you want supply and demand of that token to determine price. It's a token used for cloud storage. People pay to use the hard drive space of others. But the price of that token is affected by speculation on exchanges.

What is gold really worth? People argue that it's got real world usage for some products but it's basically a store of value with that value derived by how much people are freaking out about the dollar at the moment.

[Horse86]

I think Coinbase is worse because they are in bed with the US government.

US brahs have to take an L when it comes to a fiat on ramp. The choices are few so you're going to bend over regardless of what you go with.

No fees for me to ACH money in on Pro (shrug)

[Workout4ever]

why are my old friends hitting me up about crypto

aware me

is bull market back? alts? etc.

[StevieSparkZ]

why are my old friends hitting me up about crypto

aware me

is bull market back? alts? etc.

Everything been moving up, feels kinda like a 2017 week again.

BTC broke into 12k other night, ETH broke 400 around same time and etc.

There's been some pullbacks ofc, but again, feelin 2017'ish.

[Mogambo]

Fair enough. I lean towards the anarchist mentality of cryptocurrencies so on principle I avoid CB. But if you don't care about CB sharing your information with the government, by all means....

I feel like I just got triangulated by IRS

[HarryPotterCliv]

Looking at Swipe and Crypto.com.....

Is there any reason to go with Swipe over Crypto.com ?

There was a miscer who signed up for a Crypto.com card. He sent in his information and they just ignored him. Crypto.com is around $3,000,000,000 market cap. Swipe is around $100,000,000. It normally means that there is more room for Swipe to grow and less room for Crypto.com. Therefore, the profit potential for Swipe/SXP is higher relative to Crypto.com.

The top exchange is Binance. One of the most visited sites in crypto is coinmarketcap.com

Binance bought coinmarketcap.com

Here is proof so that you know I am not frauding:

Binance owns coinmarketcap.com
https://www.coindesk.com/binances-co...for-the-masses

Binance then bought Swipe/SXP:
https://www.coindesk.com/binance-acq...ndisclosed-sum
https://www.binance.com/en/support/a...6c685a88501939

Swipe powers the Binance Card and Swipe card:
Powered by Swipe’s platform, the Binance Card enables digital assets to remain in their native form until a point-of-sale transaction occurs, allowing Binance Cardholders to convert and transact with cryptocurrencies in more than 60 million locations around the world seamlessly.
https://www.binance.com/en/blog/4214...ches-in-Europe

Swipe is DeFi and they have a governance token airdrop by snapshot:
********************/swipe/swipe-launc...e-22b607cd5bf8

This Medium link is legit, it comes directly from the official SwipeWallet twitter account.
Here is proof: https://twitter.com/SwipeWallet/stat...01140099375104

If you have 50,000 SXP, you would get 500 SGV. There will be 3,000,000 SGV in circulation initially, but at 10,000,000 entirely. A comparable one, COMP has 10,000,000 total, and around 3,000,000 in circulation, its all-time high was around $300 USD. So 500 SGV could have an upper limit of $150,000, assuming it reached $300 a piece and you held to that and sold at that price. You would potentially get $150,000 free if you held $80,000-ish of SXP up until 1 second past the snapshot. You could potentially get upto $1.5 Million free, if you owned around $800,000 of SXP up until the snapshot. The snapshot is on: August 17, 2020 00:00 UTC.

[Schnitzl]

So 500 SGV could have an upper limit of $150,000, assuming it reached $300 a piece and you held to that and sold at that price. You would potentially get $150,000 free if you held $80,000-ish of SXP up until 1 second past the snapshot. You could potentially get upto $1.5 Million free, if you owned around $800,000 of SXP up until the snapshot.

10,000 bitcoin could have an upper limit of $5,000,000,000 assuming it reached $500,000 a piece and you held to that and sold at that price. You would potentially get $4,890,000,000 free if you bought $110,000,000 BTC right now and sold it as soon as it reached $500,000 a piece.

[MediocreGains]

why are my old friends hitting me up about crypto

aware me

is bull market back? alts? etc.

USD has been trending down. Fear of it going even lower with the continued money printing means that capital is getting flooded into cryptos and precious metals.

[StevieSparkZ]

why are my old friends hitting me up about crypto

aware me

is bull market back? alts? etc.

Can you clear your inbox?

It says it's too full and I'm trying to reply to your inquiry.

[wrastler163]

stupid question, but if I wanna trade crypto do I need coinbase and binance? and what are the fee's like? Also whats the deal with ethereum classic

[savageoldman]

check out tellor (trb)

1 mil supply

[Workout4ever]

Can you clear your inbox?

It says it's too full and I'm trying to reply to your inquiry.

done

[isingmodel]

If you don't at least have a 1k suicide bag of SXP just get out of crypto you are not gonna make it

[ghostfacedup]

can Americans still use binance?

[isingmodel]

Oh and I'm not just jumping on this bandwagon now I was accumulating this hard at sub 80c:



This is the biggest no brainer in the space at the moment just hit market buy.