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Cryptocurrency

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  • Jarman
    replied
    Originally posted by Jog On View Post

    They're making a lot of interest at the moment which I'm cashing out into USD stablecoins which I can also stake for interest.
    you are wasting your breath mate, no matter what happens, you get straight denial from AtW and the other blockchain / crypto "specialists"

    Leave a comment:


  • Jog On
    replied
    Originally posted by AtW View Post

    So you have chosen to spend all the real money and ended up having just crypto-fugazies?
    They're making a lot of interest at the moment which I'm cashing out into USD stablecoins which I can also stake for interest.

    Leave a comment:


  • Jog On
    replied
    Originally posted by AtW View Post

    Ok, so, correct me if I get anything wrong here: Jog On, an esteemed CUK Forum (for highly paid IT 'cream of the crop') member from Aug 2005, known for his market trading (self-proclaimed Dirty spekulant) and very early adopter of so-called cryptocurrencies - basically a cryptomillionaire given early entrance into this "market".

    And now it turns out you did not have spare, ready to use 5 grand for YOUR OWN HEALTH.

    Really?

    Are you fooking kidding me?

    You can't even get a fooking low interest loan in a bank.

    And as a "highly paid IT 'cream of the crop'" personality you should not even need a loan for that.

    This is so symptomatic for Internet scams - people like Jog On (and Pooter) supposedly doing incredibly well, but then it turns out he lacks 5 grand to pay for own health op.
    Just about everything you say in this thread and on this subject is wrong. Which, given your complete and utter obsession with it is quite something.

    Go back and read what I said without filtering out the parts about:

    Being benched for almost a year (end of warchest)
    Having the option to cash out come crypto to pay for the op (and almost doing it)
    Instead of cashing out crypto (the bull run was just getting going) I staked some of it as collateral and borrowed against it on a defi protocol

    Why would I get a bank loan instead? Also please can you quote where I said I didn't have that option?

    I'm glad I didn't cash out crypto to pay for the op, even in the current correction/dip/bear market it's still up considerably from when I needed that money for the op...

    Leave a comment:


  • AtW
    replied
    Originally posted by Jog On View Post
    Thought that would trigger you. You ignored the part where I said "I'd been benched for best part of a year" So yes my warchest had pretty much run out. I had the option to cash out some crypto but ended up not having to
    So you have chosen to spend all the real money and ended up having just crypto-fugazies?

    Leave a comment:


  • Jog On
    replied
    Originally posted by Whorty View Post

    Call me naive, but isn't this concept ripe for money laundering? The banks etc do checks to root out the dodgy, and this process seems to hand back to crims on a plate. Great for you, so yes, fill ya boots, but whilst you're making money just have half a mind to who else is profiting from this and what their 'other businesses' are.
    Only in as far as the anonymity you can get with an Ethereum wallet address. Blockchain is far better for tracking who is moving funds where and addresses can be traced back to exchanges where KYC has been done. I'll be paying zero of a mind to who else is profiting from this, do you pay any mind to who else uses your bank?

    Leave a comment:


  • Jog On
    replied
    Originally posted by Whorty View Post

    He claims he's making 'interest', so I'll go with that for now ...... although how much he's making on a £5k loan of a few months is anyone's guess
    The interest was on a £5k loan + £10k of collateral, the interest earned on the 10k was > interest I had to pay on the 5k borrowed. And I earned farm tokens on both the collateral and the loan. It wasn't a huge money spinner but the point is I ended up profiting on the whole thing.

    Leave a comment:


  • Jog On
    replied
    Thought that would trigger you. You ignored the part where I said "I'd been benched for best part of a year" So yes my warchest had pretty much run out. I had the option to cash out some crypto but ended up not having to

    Leave a comment:


  • AtW
    replied
    Originally posted by Whorty View Post
    He claims he's making 'interest', so I'll go with that for now ...... although how much he's making on a £5k loan of a few months is anyone's guess
    Amazing shadowy bank that pays you to take out loans

    His "interest" on crypto-fugazi was almost certainly paid in crypto-fugazies.

    He's got no money because he had to borrow 5 grand for a HEALTH OPERATION.

    I mean what's any other higher priority spending in life?
    Last edited by AtW; 8 June 2021, 15:42.

    Leave a comment:


  • Whorty
    replied
    Originally posted by AtW View Post

    He isn't not making any money!

    He's bought into crypto-fugazi and now stuck with it, poor bastard can barely afford medical bills now
    He claims he's making 'interest', so I'll go with that for now ...... although how much he's making on a £5k loan of a few months is anyone's guess

    Leave a comment:


  • AtW
    replied
    Originally posted by Whorty View Post
    whilst you're making money
    He isn't not making any money!

    He's bought into crypto-fugazi and now stuck with it, poor bastard can barely afford medical bills now

    Leave a comment:

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