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  1. #151
    Printer firmware is !&$! 100+ Posts
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    Re: Anyone into Cryto currency?

    Can't believe people are still hyping this after in 2021 it was confirmed to be a complete scam after Tether got fined by NYC with evidence showing that tether was not holding 1:1 to the dollar (Which basically everyone should have known anyway), which basically means that most of Bitcoin's value is ghost dollars; they are merely debentures on a ledger of the tether foundation which is acting like the Federal Reserve, apart from the fact that legal tender can actually be used as tender, while Bitcoin is a purely speculative "investment" (gamble).

    Can we all just agree now that this large scale experiment is just one big money sink / ponzi scheme.

  2. #152
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    Anyone into Cryto currency?

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  3. #153
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    Re: Anyone into Cryto currency?

    Without a doubt, cryptocurrencies are the most trendy investments today. Trading in the cryptocurrency markets periodically gives huge returns, especially if you trade with leverage. But there is a big "but" - this is still a little-studied and very unpredictable market for the average investor. Even experts with many years of experience often make mistakes, and it will be very difficult for a beginner. The risk of losing the invested funds is as great as the potential profitability of the instrument. It is better to entrust the process to professionals, for example, the Flyte company flyte.com.
    Last edited by MikeAdms45; 11-09-2022 at 06:19 PM. Reason: Rewrite

  4. #154
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    Re: Anyone into Cryto currency?

    Quote Originally Posted by SalesServiceGuy View Post
    Bitcoin jumps 12.5% as Russia-Ukraine conflict continues and U.S. imposes further sanctions



    • Bitcoin jumped 12.5% on Tuesday continuing its sharp rebound as the Russian war with Ukraine continues and the U.S. ratchets up sanctions.
    • Bitcoin proponents have seen bitcoin as a safe haven asset or “digital gold,” but that definition has unraveled recently. One expert said that is changing and bitcoin is having a “watershed” moment.
    • Debate has also been raging over whether bitcoin could be used by Russia to evade sanctions.


    Bitcoin jumped more than 12% on Tuesday continuing its sharp rebound as the Russian assault on Ukraine continues and the U.S. ratchets up sanctions.

    Market analysts said there could be a number of reasons behind the big surge in bitcoin including investors buying the dip, attempts to evade sanctions and Ukrainians and Russians trying to get their money out of their respective countries.

    Crypto to evade sanctions?

    Bitcoin’s rally comes as the U.S. imposed further sanctions on Russia. Washington targeted Russia’s central bank, effectively prohibiting Americans from doing any business with the bank as well as freezing its assets within the U.S.

    That comes on top of sanctions that have targeted oligarchs and Russia’s sovereign debt as well as moves aimed at cutting the country off from the global financial system.

    Debate has been raging over whether bitcoin, which is not owned or issued by a single authority like a central bank, could be used by Russia to evade sanctions.

    Veteran investor Mark Mobius said that could be one reason behind bitcoin’s rise.

    “I would say that’s the reason why bitcoin has shown strength now — because the Russians have a way of getting money out, getting their wealth out,” Mobius, founding partner of Mobius Capital Partners, told CNBC on Tuesday.

    But the amount of money that Russia would need to convert to and from bitcoin might be too much, according to Ari Redbord, head of legal and government affairs at TRM Labs.

    “You’re going to see Russia attempt to circumvent the U.S. financial system by turning to crypto. I think the issue is … the liquidity just simply isn’t there,” Redbord told CNBC’s “Squawk Box Asia.”

    But cryptocurrency could also be a way for regular Russians and even Ukrainian citizens to get their money out of their respective countries as their currencies remain volatile.

    Bitcoin traded at a 6% premium on Binance exchange’s Ukrainian hryvnia market, according a note published by cryptocurrency research firm Kaiko on Monday. Kaiko also noted that it is “seeing a surge in both Russian ruble and Ukrainian hryvnia cryptocurrency transactions” on cryptocurrency exchanges.

    “Until there were no heavy financial sanctions on Russia, bitcoin was moving in tandem with the U.S. stock indexes, but these reports, which confirmed real use case for cryptocurrencies in times of crisis, are pushing the price higher,” Yuya Hasegawa, crypto market analyst at Japanese exchange Bitbank, told CNBC on Tuesday.

    On Sunday, Mykhailo Fedorov, vice prime minister of Ukraine, asked major cryptocurrency exchanges to block the addresses of Russian users.

    Binance, the world’s largest exchange, said it would freeze accounts for any Russians on the sanctions list, but would not “unilaterally” block accounts of all Russian users.

    Other cryptocurrency exchanges took a similar stance.

    Bitcoin ‘watershed’ moment?

    Over the years, bitcoin proponents have touted the cryptocurrency as “digital gold,” an asset that provides a safe haven for investors during times of turmoil or even as a potential hedge against inflation. But bitcoin has not performed that way. Instead, it has been more correlated to the movement of stock prices, even as inflation continues to hit multi-year highs and a military conflict plays out. That case for bitcoin as digital gold has unraveled in recent weeks.

    Vijay Ayyar, vice president of corporate development and international at crypto exchange Luno, said that could be changing.

    “Bitcoin and cryptocurrencies are arguably having their watershed moment against backdrop of global uncertainty and tension related to the Russia-Ukraine crisis,” Ayyar told CNBC.

    “Crypto is decoupling from traditional markets and can be clearly seen in the performance.”

    People have been donating cryptocurrency to the Ukrainian army too, “proving that crypto is fundamentally a technology that cannot be ignored,” Ayyar added.

    He also said that a bottom for bitcoin was already forming as the war was getting underway.

    Michael Rinko, venture associate at AscendEx, told CNBC on Monday that $38,000 was a key level for bitcoin.

    “More people bought at $38,000 than at any other level above or below for a good margin,” he said.

    However, Bitbank’s Hasegawa warned of further volatility ahead.

    “There still are a lot ... of potential risks up ahead for the market, that is why feel free to use signals from 3Commas.
    Despite the Russian war with Ukraine and U.S. sanctions, bitcoin surged more than 12% on Tuesday.

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  6. #156
    RTFM!! 5,000+ Posts allan's Avatar
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    Re: Anyone into Cryto currency?


    If you go deeper much of the stolen funds made its way to the democrats....
    Whatever

  7. #157
    Service Manager 10,000+ Posts
    Anyone into Cryto currency?

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    Re: Anyone into Cryto currency?


  8. #158
    Service Manager 10,000+ Posts
    Anyone into Cryto currency?

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    Re: Anyone into Cryto currency?


  9. #159
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    Re: Anyone into Cryto currency?

    Hi everybody. I have such a question, maybe someone knows how to transfer cryptocurrency so that the operation cannot be tracked?


  10. #160
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    Re: Anyone into Cryto currency?

    The author, to increase the confidentiality of transactions in blockchain networks, crypto mixers are used. Personally, I use this guide BitMix Review: Mix Bitcoin, Dash, Litecoin Easily . to ensure anonymity and keep your cryptocurrency transactions secret from intruders. I recommend following the link and getting acquainted with the work of this crypto mixer, everything is described very clearly there.

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