1. #4726
    louisvillekid
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    Well this sucks. For the longest, I've been buying BTC through Coinbase and then move it to a wallet like Blockchain or Trust and from there move it to wherever.
    But last few times I've done it that way, the fees were ridiculous.

    This morning I decide to try the "buy" option with Trust wallet. I've looked at it before. Always seems to be two options, Moonpay and Simplex. Moonpay is generally the one they list as lowest fees at that moment. But when i was gonna try it once, they wanted wayyyyy to much info and scans of my DL.
    So today I tried the Simplex. Still needed way to much info for me. But I reluctantly went ahead and scanned my debit card(they said to use a debit because it worked better and that a CC would charge cash advance fees), and then filled out all my personal info - only to get an immediate decline.
    Says they can't tell me why it was declined, but the kicker is...now my funds will be held up for 1-3 business days. WTF? It's Saturday. So now my money is gonna be tied up till Monday, at best. Possibly till Wed.
    And, even then it might not get refunded. Says if my money isn't posted back to my acct to contact their live chat and enter the ID code I was sent in email. Which is super long like a wallet ID.
    Says the funds are immediately charged to my debit and held in case, or when, the transaction is approved.

    2 things. 1) They can immediately charge my debit card and have my money tied up into the thin air, but... 2) at the same time my card can be immediately declined?

    Even worse is when you look at the bigger picture. I already have the Trust wallet. So they have my info. But in order to buy BTC(crypto) through Trust wallet I have to use Moonpay or Simplex. Then I use the Simplex and give them all sorts of my info and a scan of my debit card and THEY"RE not even the ones that process it. It says they have a 3rd party service to verify and authorize the transactions. Some HFinance? So now ANOTHER party has my info.

    I got 3 emails from that Simplex like instantly, as soon as I hit submit in order to buy some BTC. I got an email about thanks for using Simplex, one about it was declined, and one about my payment was submitted and they're working on getting it processed - all 3 emails were simultaneously.

    Then my bank texted me from fraud & security, asking if I tried to send money to a HFinance.

    I guess I'll keep going about it the old school way. Get raped through Coinbase and then sent to Blockchain wallet(that's another fee) and then send to wherever.

    I guess i'm more amazed about how people move around and buy crypto from so many wallets and platforms, when all of them need so much info. And especially the staking stuff. It's like - Oh you need to go on binance and buy these tokens and then go to this platform and swap for this token or that coin, and then go over to Pancake, Uni, Sushi or wherever, and then convert this to that and then open this up and move this over here and then click on this and wham, you're all set. I'm like wtf?! That is so many steps and places to visit and they ALL need my info, whether it's a combination of a DL scan, a selfie, a verified email, a verified phone #, addy, DOB, etc. etc.
    It's wayyy to much.
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  2. #4727
    swordsandtequila
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    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.

  3. #4728
    biggie12
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    Quote Originally Posted by raiders72001 View Post
    ..........
    I read similar article last night. xrp should reach a new ath with this news.
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  4. #4729
    trobin31
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    Srm@10

  5. #4730
    trobin31
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    If I am posting itís bc number go up soon

  6. #4731
    Arky
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    Quote Originally Posted by louisvillekid View Post
    Well this sucks. For the longest, I've been buying BTC through Coinbase and then move it to a wallet like Blockchain or Trust and from there move it to wherever.
    But last few times I've done it that way, the fees were ridiculous.
    ..........................
    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.

    https://pro.coinbase.com/trade/BTC-USD

    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.
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  7. #4732
    BeatTheJerk
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    Heathy little dip in the market place last night.
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  8. #4733
    MrSink
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    dip is mostly market and evergrande's serious situation related

  9. #4734
    louisvillekid
    slummin it
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    So is btc going back into the 30's, again?
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  10. #4735
    MrSink
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    Quote Originally Posted by louisvillekid View Post
    So is btc going back into the 30's, again?
    holding strong here

  11. #4736
    BeatTheJerk
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    Quote Originally Posted by MrSink View Post
    holding strong here
    We are right at the proper level no panic here.

  12. #4737
    JIBBBY
    Have a nice day :)
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    Stock market and Crypto taking a dump this morning .

  13. #4738
    zam77
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    Quote Originally Posted by JIBBBY View Post
    Stock market and Crypto taking a dump this morning .
    Spy puts

  14. #4739
    themike78
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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.

  15. #4740
    pimike
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    Quote Originally Posted by themike78 View Post
    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.
    Thanks for the heads up.



























































    Again.



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  16. #4741
    firedawg
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    buy it all
    eth
    ada
    vet



    more more more!!!!!
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  17. #4742
    BeatTheJerk
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    Quote Originally Posted by themike78 View Post
    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.
    Top 3 Troll @ SBR congratulations.
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  18. #4743
    ChuckyTheGoat
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    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.

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  19. #4744
    pimike
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    Quote Originally Posted by ChuckyTheGoat View Post
    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.

    No you are right.

    Everything down now.


    I would think Inflation would help Bitcoin but currently not.

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  20. #4745
    DreaAngie
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    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 at 06:50 PM.

  21. #4746
    onetrikpony
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    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.

  22. #4747
    biggie12
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    Today is a great day to buy Harmony (one)..... Hedera bnb ... Fire sale has started !!!!!

  23. #4748
    JIBBBY
    Have a nice day :)
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    Buying now is a good idea.

  24. #4749
    BeatTheJerk
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    Quote Originally Posted by JIBBBY View Post
    Buying now is a good idea.
    Got lucky on the dip tonight, bought 10 Ltc @ 152.17 …
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  25. #4750
    JIBBBY
    Have a nice day :)
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    Quote Originally Posted by BeatTheJerk View Post
    Got lucky on the dip tonight, bought 10 Ltc @ 152.17 …
    Good job Jerky. Crypto has up and down dips. Can make money timing them.

  26. #4751
    BeatTheJerk
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    Quote Originally Posted by JIBBBY View Post
    Good job Jerky. Crypto has up and down dips. Can make money timing them.

  27. #4752
    themike78
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    All crypto will be close to zero on Friday afternoon.

  28. #4753
    Miklos
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    Interesting story this morning from CNBC

    U.S. Treasury sanctions cryptocurrency exchange for alleged role in ransomware attacks
    Lauren Feiner 21 mins ago
    Comments

    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.
    Last edited by Miklos; 09-21-21 at 12:15 PM. Reason: uneeded text deleted

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  29. #4754
    onetrikpony
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    This is much more worrisome to read the full article decentralizedlegalsystem.com
    New US Crypto Regulation Far More
    Invasive Than We Thought


    US 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…

  30. #4755
    louisvillekid
    slummin it
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    https://en.wikipedia.org/wiki/Format_war

    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.
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  31. #4756
    louisvillekid
    slummin it
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    Quote Originally Posted by louisvillekid View Post
    So is btc going back into the 30's, again?
    Ahhh $hit!!! about dipped into the 30's.
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  32. #4757
    puckk
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    Quote Originally Posted by puckk View Post
    time to reset the market
    bitcoins coming home


  33. #4758
    puckk
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    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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  34. #4759
    Arky
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    Quote Originally Posted by puckk View Post
    sept has not been good, the week after the 3rd friday has been the weakest

    lets see what happens in q4
    Cool chart. Never seen it before.

  35. #4760
    biggie12
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    Giddy up.


    look at hedera recover like a champ.
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