Don't buy through Coinbase, use Coinbase Pro (used to be GDAX). Deposit via ACH, funds instantly available. Buy whatever crypto then move to your wallet (I use electrum for btc and ltc). Fees are way less and transfer is fast. Google search for the differences between the two.
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Srm@10Comment -
If I am posting it’s bc number go up soonComment -
Pretty much everyone wants detailed KYC - when you're buying. Kraken, Gemini, CB... they all want your SSN and even selfies while holding a date/name written on a piece of paper. It's OK to do this for buying, IMO. Nothing wrong with buying - gotta buy the stuff to get anywhere....
Yes, Coinbase Pro much better than Coinbase. If you've got a Coinbase account, you've got a Coinbase Pro account.
Once you have some BTC or ETH or whatever, use places like Kucoin for trading into other coins. Kucoin has a wide selection of alts and all you need to do business with them is an email signup and a way to do 2FA (Google Authenticator app). With just a email address, you can transfer up to 5 BTC/day. Any more than that and they will want more KYC for higher transfer volume.Comment -
Heathy little dip in the market place last night.Comment -
dip is mostly market and evergrande's serious situation relatedComment -
So is btc going back into the 30's, again?Comment -
Stock market and Crypto taking a dump this morning
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Bitcoin down huge today. It will continue to drop until it reaches zero which will happen this Friday at about 4 p.m eastern time.Comment -
buy it all
eth
ada
vet
more more more!!!!!Comment -
PI, 78 is not quite right...until he IS right.
I never be-grudge one's opinion. Everyone entitled to their view. And I appreciate a wide scope of views.
Today is an interesting one. It seems like EVERYTHING is down. Is ANYTHING moving up today?
My two viewpoints:
1) Will Clemente talks about BTC trading WITHIN a range. IE, if the current range is 43 to 53, then trades WITHIN that range are regular oscillations.
2) MOST of the economic videos talk about INFLATION. Is there any scenario for DEFLATION, at least in the short term?
Just my two cents. Pardon any errors in judgment that I have.Where's the fuckin power box, Carol?Comment -
Everything will start rising again today. Buy now at these low prices while you still can.
MTV MultiVac will have a meteoric rise, only at 0.02 rn. MTV released their blockchain mainnet recently and have already partnered with PolyChain Monsters NFT.
MultiVAC is a nextgen public blockchain designed for large scale & complex distributed applications. This is the new ETH 2.0.
It breaks through the limitations to blockchain scalability by developing the world’s first fully sharded blockchain with sharded transmission & storage.Last edited by DreaAngie; 09-20-21, 05:50 PM.Comment -
The DXY US Dollar Strength Index has been up since Sept 3. A stronger dollar is bad for btc. Dollar goes up bitcoin goes down.Comment -
Today is a great day to buy Harmony (one)..... Hedera bnb ... Fire sale has started !!!!!Comment -
Buying now is a good idea.Comment -
All crypto will be close to zero on Friday afternoon.Comment -
Interesting story this morning from CNBC
U.S. Treasury sanctions cryptocurrency exchange for alleged role in ransomware attacks
Lauren Feiner 21 mins ago
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The U.S. Treasury Department announced Tuesday it will sanction a cryptocurrency exchange for its alleged role in laundering ransoms for cyberattacks.
It marks the first such action against a cryptocurrency exchange, according to the department.
The Treasury alleged that the crypto exchange Suex "has facilitated transactions involving illicit proceeds from at least eight ransomware variants."
The U.S. Treasury Department announced Tuesday it will sanction a cryptocurrency exchange for its alleged role in laundering ransoms for cyberattacks.
It marks the first such action against a virtual currency exchange and comes after a string of cyberattacks crippled several industries and even threatened U.S. government agencies. The Treasury said ransomware payments totaled more than $400 million in 2020 alone, more than four times that of 2019.
Ransomware is a type of cyberattack where actors often shut down access to key programs and demand payment, usually in a cryptocurrency like bitcoin, to unlock them.
The department's Office of Foreign Assets Control will designate the cryptocurrency exchange Suex for allegedly playing a role in facilitating financial transactions for ransomware actors.
While the Treasury emphasized that most virtual currency activity is legal, technologies facilitating those payments can be exploited by bad actors. Cryptocurrency transactions are decentralized and can be harder to trace than those conducted through traditional financial institutions. The department said that in Suex's case, it helped facilitate illegal activity "for their own illicit gains."
The department alleged that Suex "has facilitated transactions involving illicit proceeds from at least eight ransomware variants." It also claimed that more than 40% of the company's known transaction history is "associated with illicit actors."
The new designation means that it will be much harder for Suex to do business with U.S. entities. U.S. citizens are generally banned from engaging in transactions with sanctioned entities and financial institutions that engage in certain activities with them could themselves face sanctions or enforcement actions.
The U.S. Treasury Department announced Tuesday it will sanction a cryptocurrency exchange for its alleged role in laundering ransoms for cyberattacks.
Ransomware is a type of cyberattack where actors often shut down access to key programs and demand payment, usually in a cryptocurrency like bitcoin, to unlock them.
The department's Office of Foreign Assets Control will designate the cryptocurrency exchange Suex for allegedly playing a role in facilitating financial transactions for ransomware actors.
While the Treasury emphasized that most virtual currency activity is legal, technologies facilitating those payments can be exploited by bad actors. Cryptocurrency transactions are decentralized and can be harder to trace than those conducted through traditional financial institutions. The department said that in Suex's case, it helped facilitate illegal activity "for their own illicit gains."
The department alleged that Suex "has facilitated transactions involving illicit proceeds from at least eight ransomware variants." It also claimed that more than 40% of the company's known transaction history is "associated with illicit actors."
The new designation means that it will be much harder for Suex to do business with U.S. entities. U.S. citizens are generally banned from engaging in transactions with sanctioned entities and financial institutions that engage in certain activities with them could themselves face sanctions or enforcement actions.
In addition to the action against Suex, the department clarified its guidance for businesses on how to respond to ransomware attacks. The guidance "strongly encourages victims and related companies to report these incidents to and fully cooperate with law enforcement as soon as possible," according to a press release, and continues to discourage them from paying ransoms.
The guidance also states that U.S. entities could be penalized for making payments to a sanctioned actor, even if they're unaware of that fact, like in the case of paying a ransom. Still, the guidance says OFAC would consider a company's cooperation over a ransomware attack in determining its ultimate consequences.
The government has emphasized the importance of its own knowledge of cyberattacks to help mitigate harm. The value of such knowledge became clear last year through the attack on SolarWinds, which affected several government agencies. That assault came to light after another cybersecurity company, FireEye, reported a sophisticated attack on its own systems. Microsoft President Brad Smith told lawmakers that FireEye's disclosure was critical to understanding the extent of the attack.
Since then, lawmakers have introduced a measure that would require government contractors and critical infrastructure companies to disclose cyberattacks, while granting them a limited safe harbor from legal action over those disclosures.Comment -
This is much more worrisome to read the full article decentralizedlegalsystem.com
New US Crypto Regulation Far More
Invasive Than We ThoughtUS Congress intends to regulate crypto on a level far deeper
than currently understood―They will:- Designate Bitcoin, Ether, and their hard-forks as commodities and regulate their transactions accordingly;
- Create legal uncertainty for all other crypto projects and ICOs by allowing them to be labeled as securities;
- Ban the use of (unauthorized) stablecoins;
- Introduce prison sentences for the use of mixers and privacy coins;
- Rebrand smart-contracts that take longer than 24 hours to deliver as futures contracts and regulate them accordingly;
- Re-define legal tender and change the way money is created by the Federal Reserve; and authorize the issuing of a digital USD of which all transactions are recorded;
- Introduce foreign regulations into US law for all virtual asset service providers in the US (and with US clients).
In short: Congress wants to bring crypto-currencies under full oversight and control.
These new regulations introduce massive regulatory burdens on existing projects, ban and criminalize current normal activities, restrain innovation and free enterprise, and even introduce a transparent central bank digital digital currency that redefines money as we know it!
According to United States representative Don Beyer, congress should incorporate “digital assets into existing financial regulatory structures.”1) As you will see, they intend to do just that.
And it will change the way things are done for crypto forever…Comment -
Remember when choices of competing new stuff was narrowed to 2, maybe 3 choices.
With crypto it's new coins, tokens, blockchains, platforms, DeFi's, etc. etc. all day, everyday.Comment -
sept has not been good, the week after the 3rd friday has been the weakest
lets see what happens in q4
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Giddy up.
look at hedera recover like a champ.Comment -
So i made a Kucoin acct. Why don't they use terms like "send" and "receive" like other platforms and wallets? I want to send some btc or bnb from my coinbase to kucoin but the terminology, as well as the language in the tutorials, has me hesitant. I don't want my btc or bnb to disappear.Pretty much everyone wants detailed KYC - when you're buying. Kraken, Gemini, CB... they all want your SSN and even selfies while holding a date/name written on a piece of paper. It's OK to do this for buying, IMO. Nothing wrong with buying - gotta buy the stuff to get anywhere....
Yes, Coinbase Pro much better than Coinbase. If you've got a Coinbase account, you've got a Coinbase Pro account.
Once you have some BTC or ETH or whatever, use places like Kucoin for trading into other coins. Kucoin has a wide selection of alts and all you need to do business with them is an email signup and a way to do 2FA (Google Authenticator app). With just a email address, you can transfer up to 5 BTC/day. Any more than that and they will want more KYC for higher transfer volume.
I also tried to purchase on kucoin using my debit card and again, these 3rd party places - had to redirect me to a banaxa(?) and had read their TOS and check and agree. But once i choose amount and payment method and entered everything it immediately denied me.
I guess the only way I'm ever gonna be able to try and test out these farms, pools, staking, lending, etc. etc. for these insane APY/APR's - is I'll have to buy through my Coinbase, transfer to whatever wallet has some of those high earning interests rates and/or from a wallet like Trust, link to these pancake or Uni swap things and do the conversion thingamajig and then put into those farms or pools or whatever, and see if i get these 56%, 87%, 122% or whatever rates I see listed for certain tokens/coins.
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