Cryptocurrency

[AtW]

“The hashrate in China is dropping significantly as Bitcoin mines are being closed, Jonathan Cheesman, head of over-the-counter and institutional sales at crypto-derivatives exchange FTX wrote in an email Saturday, citing reports on Twitter from handle @bigmagicdao.
Cheesman also mentioned the death cross, which occurs when the 50-day moving average drops below the 200-day, but noted that “backtesting isn’t statistically significant” on the signal for Bitcoin. When the coin experienced a death cross in March 2020, for instance, that was at the start of a yearlong rally.“

https://www.bloomberg.com/news/artic...&sref=o1Dqf087

[AtW]

“TSB crypto ban for 5.4m customers over fraud fears

Bank will block transfers of cash to crypto-trading platforms to protect customers from scammers

Bank TSB is set to ban more than 5m customers from buying cryptocurrencies amid fears over “excessively high” fraud rates on trading platforms.

The company, which has 5.4m customers, is the latest British bank to crack down on financial cyber-crime following temporary moves by Barclays, Monzo and Starling to block transfers of cash to cryptocurrency trading platforms such as Binance in recent weeks.

It is understood that TSB will look to block crypto purchases where it spots fraudulent abuse of trading platforms and that a ban will be introduced within weeks.”

https://www.telegraph.co.uk/business...s-fraud-fears/

[AtW]

just so it happens that his "unearned" income managed to get him an operation, bank hassle free. #flatearthercretin

I sincerely wish him and you to remain bank hassle free for the rest of your lives

[Jarman]

Maybe, just maybe, if you spent more time on your skills instead of cryptotulip then you would not be on the bench for so long, but I guess you've got addicted to unearned income and just can't be arsed to do honest day of work.

just so it happens that his "unearned" income managed to get him an operation, bank hassle free. #flatearthercretin

[NigelJK]

Couldn't possibility be a FIAT scam based on taking the unwary or uneducated for a Ride, Shirley.

[AtW]

Paywall. I was asked if I'd like to pay $1.99 a month or $290 a year. Which is an interesting model.

They write so much about tulipcoins that it's odd they are not accepting them.

[d000hg]

Paywall. I was asked if I'd like to pay $1.99 a month or $290 a year. Which is an interesting model.

[AtW]

“Mark Cuban Calls for Stablecoin Regulation After Trading Token That Crashed to Zero

Even in crypto where huge drawdowns are the norm, 100% washouts in a single day are extremely rare.

Here’s a chart you never want to see. It’s of the DeFi Titanium token, which in one day went from being valued around $60 to $0. Even in the world of crypto, where massive drawdowns are commonplace, 100% washouts are pretty rare, especially in such short a time.“

https://www.bloomberg.com/news/artic...&sref=o1Dqf087

[AtW]

Maybe, just maybe, if you spent more time on your skills instead of cryptotulip then you would not be on the bench for so long, but I guess you've got addicted to unearned income and just can't be arsed to do honest day of work.

[Jog On]

Whole you here, any update on your dire financial situation? Readers of the forum benefit greatly from knowing that cryptomillionaire peddlers are broke

No change since last time - market has gone down/sideways but I'm holding long term. Defi yield not covering living expenses yet. I aim to never cash out and live off interest, might be a year or 2/3 away.

Unless you're referring to the post where I illustrated a real life use case for DeFi? Where I'd run out of warchest (after almost a year on the bench) and instead of selling some crypto I staked it as collateral and borrowed against it (with staked interest > borrowed interest + farming tokens) instead to pay for an operation?

But you know all this already and I don't think you're that thick to keep needing it explained to you so I'll assume you're just telling yourself what you need to hear and therefor it's pointless trying to have a serious conversation with you.

If it helps you in some way to think what you think and keep looking for confirmation and post in this thread day after day then you do what you gotta do.