Crypto News....Not Quite Right.

4 years ago

Interesting story . He 'invested' $50k....and was going to cash out less than 2 weeks later?

a withdrawal has to be balanced with a deposit of equal value so the pot never dries up.

That statement blew my mind- you can take your money out as long as you put your money in? Of course the pot would never 'dry up' - it also would never yield a profit, would it?

For me the most telling part of the story is this man's reaction to the entire incident.

He doesn't seem to have a problem with a hacker stealing money ...or with a thief giving away stolen funds....as long as it is not HIS money that is stolen. That's rich.

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tagiscom

4 years ago

Originally Posted by Profit Traveler

Some guy or team has stolen $50 Million in Crypto and thinks they are Robin Hood if they give some of the Stolen loot to Charity.

https://finance.yahoo.com/news/crypt...234115042.html

Transparency. Safe. Decentralized. Gone.

(political reference removed)

I am on a Stock Trading channel which is abandoned and mention you make money and the BC scum just line up.

Bottom line is put your money in their self regulated BC account and log in the next day to find the entire site, and your money gone.

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Fernanda Yulianto

4 years ago

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Profit Traveler

Banned 4 years ago

Originally Posted by Fernanda Yulianto

looks like bitcoin price is going up now, bull trend?

Yes but going up from what...a huge nose dive. But if you buy on the dips they say you can make some bank.

But one news cycle on any given day and who knows.

The really tricky part about Crypto and NFTs etc is the middle men/APPS in the processes that create additional vulnerability to get heisted.

Research your potential investment...then research your protections on every level.

I love reading all details on HOW people got scammed.

That is the knowledge we need as part of our due diligence.

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tagiscom

4 years ago

Originally Posted by Profit Traveler

Yes but going up from what...a huge nose dive. But if you buy on the dips they say you can make some bank.

But one news cycle on any given day and who knows.

The really tricky part about Crypto and NFTs etc is the middle men/APPS in the processes that create additional vulnerability to get heisted.

Research your potential investment...then research your protections on every level.

I love reading all details on HOW people got scammed.

That is the knowledge we need as part of our due diligence.

A person who will remain nameless, (l will call him Dopy as an alias) is going to regulate or restrict BC in Russia very soon, so that should make it go up or down, (probably down freezing a trillion or more BC).

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Profit Traveler

Banned 4 years ago

Originally Posted by tagiscom

A person who will remain nameless, (l will call him Dopy as an alias) is going to regulate or restrict BC in Russia very soon, so that should make it go up or down, (probably down freezing a trillion or more BC).

Hmmm. Well for every action and sometimes even inaction that will cause reaction.

"Volatility" is a catchword for both investing or not investing.

Like that old quote by the bank robber replied to the judge why he robs banks....
Why so many scams in Cryptocurrency? "Because that is where the money is."

Why is there a Black Hat in marketing. Because soon as something is invented someone is looking for exploits for it. Perceived easier money.

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tagiscom

4 years ago

Originally Posted by Profit Traveler

Hmmm. Well for every action and sometimes even inaction that will cause reaction.

"Volatility" is a catchword for both investing or not investing.

Like that old quote by the bank robber replied to the judge why he robs banks....
Why so many scams in Cryptocurrency? "Because that is where the money is."

Why is there a Black Hat in marketing. Because soon as something is invented someone is looking for exploits for it. Perceived easier money.

Agreed even legal ways to make money can become illegal, if the g.... perceives that the wider community is becoming too well off.

Millionaires create wealth and employment but society or those who run it want workers first and foremost.

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Profit Traveler

Banned 4 years ago

I just did a search in Google..

Is gambling the same as investing?

A highlighted caption read...

True, investing and gambling both involve risk and choice--specifically, the risk of capital with hopes of future profit. But gambling is typically a short-lived activity, while equities investing can last a lifetime. Also, there is a negative expected return to gamblers, on average and over the long run.

Online gambling has a tight leash on it in USA while Lotteries are more available than Casino type facilities but Lotteries generate a significant amount of money for state-funded projects.

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tagiscom

4 years ago

Originally Posted by Profit Traveler

I just did a search in Google..

Is gambling the same as investing?

A highlighted caption read...

True, investing and gambling both involve risk and choice--specifically, the risk of capital with hopes of future profit. But gambling is typically a short-lived activity, while equities investing can last a lifetime. Also, there is a negative expected return to gamblers, on average and over the long run.

Online gambling has a tight leash on it in USA while Lotteries are more available than Casino type facilities but Lotteries generate a significant amount of money for state-funded projects.

I tried gambling some time ago, but their constant BS, about depositing money with some bonus nonsense made it virtually impossible to make enough to withdraw, and others are as sweet as pie, until you try withdrawing.

But ignoring that, gambling is having a flawed perception of success, (which the casino's online or off promote).

Online investing is more like learning how to drive a manual car while texting someone. And after a while the driving becomes automatic, but the texting takes time, maybe years.

I prefer meme type stocks, which most newbies would probably lose their shirts over, but my tailor is pretty good.

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Profit Traveler

Banned 4 years ago

Originally Posted by tagiscom

I tried gambling some time ago, but their constant BS, about depositing money with some bonus nonsense made it virtually impossible to make enough to withdraw, and others are as sweet as pie, until you try withdrawing.

But ignoring that, gambling is having a flawed perception of success, (which the casino's online or off promote).

Online investing is more like learning how to drive a manual car while texting someone. And after a while the driving becomes automatic, but the texting takes time, maybe years.

I prefer meme type stocks, which most newbies would probably lose their shirts over, but my tailor is pretty good.

I was also one of those awed by the Texas Hold em huge piles of cash Tournaments.

I have always had a Poker Face wanted to put it to good use. But when I realized you can have all the skills in the world and the table could actually be in cahoots and working together against you I said that learning curve is too steep.

I almost feel the same about software but it is just too important not to learn.

Adult NFT's popped into my head as I woke up today and I can not believe all the apps and companies already in place for it!

I know people love "Gift Boxes" maybe if we combined Gift Boxes and NFTs we might be on to something.

One thing for sure....this is a New Millionaire Making Era and I am pretty tenacious and optimistic.

Ha ha my original idea not so much after a search just now...Dated Nov, 2021

What is an NFT Box?
An NFT mystery box is similar to a physical mystery box. As the name suggests, the box contains a random NFT from a specific NFT collection. In most cases, an NFT mystery box will feature NFTs with different rarity levels. If you are lucky, you can get a super rare NFT that sells for thousands or millions of dollars.Nov 2, 2021

That's cool...just tells me winning ideas pop in my head.

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tagiscom

4 years ago

Originally Posted by Profit Traveler

I know people love "Gift Boxes" maybe if we combined Gift Boxes and NFTs we might be on to something.

One thing for sure....this is a New Millionaire Making Era and I am pretty tenacious and optimistic.

I know what you mean, l have almost doubled my starting capital in the last two weeks, but l have been trading for about 5 years so am comfortable with throwing a lot about and trading in the deep end of the pool...

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Kay King

4 years ago

The only real trick to investing in high yield or crypto is having money you can easily afford to lose.

Not that you will always lose the money - but the mindset is quite different (as are decisions) if you are worried about losses.

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Profit Traveler

Banned 4 years ago

Another thing that I find amazing is that you can see a Financial Instagram, you can see a Financial YouTube Channel but once you see the word "Crypto" mentioned it is an onslaught of SPAMMERS.

Many spammers with multiple spam comments every single post.

And most of the spam comments are links to someone that has hired the spammers to make "recommendation" comments on results they got or it actually is the person pretending to make recommendations to themselves.

Not sure how you deal with that much spam daily and one popular YouTuber with millions of followers in Financial niche almost got his Channel shut down because the spammers pretend to be him and leave WhatsApp telephone number links with matching Profile photo of the real channel.

Not sure how this can be remedied except most are so used to it they may realize it's spam.

The thing is the YouTube Algo does not since he made a video of almost having his popular channel shut down.

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tagiscom

4 years ago

Originally Posted by Profit Traveler

Not sure how you deal with that much spam daily and one popular YouTuber with millions of followers in Financial niche almost got his Channel shut down because the spammers pretend to be him and leave WhatsApp telephone number links with matching Profile photo of the real channel.

Not sure how this can be remedied except most are so used to it they may realize it's spam.

The thing is the YouTube Algo does not since he made a video of almost having his popular channel shut down.

I see that crap on YT and other video channels quite a lot, typically with one person and 10 accounts.

And it starts, Ï have make $20k, on the stockmarket".

Second Post, "Gee so have l with Bitcoin, you must be another dog on a leash, Ronald McDonald BC, God, King trader that made a trillion in 30 seconds?"

Third line, "Sure and even though l am talking to myself since lemmings will buy this, l kiss his ring daily, (my ring).

Forth line, That sounds great lets all join hands and dance down the yellow brick road, and deposit all of our savings into an unknown entity and pray it is there the next day".

They keep posting this shit so it unfortunately must work?

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Profit Traveler

Banned 4 years ago

Originally Posted by tagiscom

I see that crap on YT and other video channels quite a lot, typically with one person and 10 accounts.

And it starts, Ï have make $20k, on the stockmarket".

Second Post, "Gee so have l with Bitcoin, you must be another dog on a leash, Ronald McDonald BC, God, King trader that made a trillion in 30 seconds?"

Third line, "Sure and even though l am talking to myself since lemmings will buy this, l kiss his ring daily, (my ring).

Forth line, That sounds great lets all join hands and dance down the yellow brick road, and deposit all of our savings into an unknown entity and pray it is there the next day".

They keep posting this shit so it unfortunately must work?

HILARIOUS!

Who needs an email from a "Barrister" (will not name the Country) that needs to send you some of his Billion Dollars to your USA account (for a fee) these days.

Criminals laundered $8.6bn (£6.4bn) of cryptocurrency in 2021, up by 30% from the previous year, a report by blockchain data company Chainalysis says. It says police could strike a "huge blow" by targeting key services used to launder cryptocurrency by criminals.Jan 26, 2022

https://www.bbc.com/news/technology-60072195

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Gaz Cooper

4 years ago

Crypto is the Wild West still and as a victim of a $600,000 heist of my ETH i can sniff out a scammer a mile away LOL and rightly so I paid dearly for my lesson LOL

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Profit Traveler

Banned 4 years ago

In Other Crypto News....

The one I missed and got away...

Defi.com is listed for 58 Million.
https://mediaoptions.com/crypto

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marcuslim

4 years ago

Originally Posted by Profit Traveler

Some guy or team has stolen $50 Million in Crypto and thinks they are Robin Hood if they give some of the Stolen loot to Charity.

https://finance.yahoo.com/news/crypto-robin-hood-stole-50-234115042.html

Transparency. Safe. Decentralized. Gone.

I think I got confused lol. They were not referring to the Robin Hood exchange. They were calling the hacker Robin Hood...

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Marcus Lim
Silver Bullet Publishing

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Profit Traveler Banned 4 years ago

Originally Posted by marcuslim

I think I got confused lol. They were not referring to the Robin Hood exchange. They were calling the hacker Robin Hood...

That is funny and a great point. We have to keep in mind everything is International these days and keep that in mind when we post content.

Yea the hacker was trying to consider himself or themselves "Robin Hood" but in reality only Hoods that were Robbing.
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lanfear63 4 years ago

Originally Posted by marcuslim

I think I got confused lol. They were not referring to the Robin Hood exchange. They were calling the hacker Robin Hood...

Any relation to Robbin Banks?
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