Cryptocurrency Contents Archive

SEC Wants Four Months To Make A Recommendation On Coinbase’s Call For Crypto Clarity

Exactly 9 years ago, US government sold on auction 30k Bitcoins for around $18 million (600 per BTC) to venture capitalist Tim Draper. That amount of Bitcoins is now worth around $920 million.

So US government after seizing shitload of Bitcoins (around 144k from them at the time) from Silk Road traders made a first public auction to sell 30 thousand of them, and there were more than 40 bidders. Tim Draper had the best bid and he won it. https://www.reuters.com/article/us-usa-bitcoin-idUSKBN0F719920140702 But damn, what a business decision this was looking at it 9 years later, that is an insane ROI (return on investment). And looks like he hasn't even sold most of that till now, at least according to him who says he's still very bullish on Bitcoin and keeps buying more. Someone can definitely correct me if it's proven he did in fact sell good portion of that bag.

Has the crypto community lost its faith in stablecoins?

Vitalik Buterin Says He Only Stakes a ‘Fairly Small Portion’ of His Ethereum (ETH) - The Daily Hodl

No-Coiners, why are you still here? Or what really is your plan?

Theres not a shadow of doubt there are many no-coiners lurking here in this sub and crypto related sub. According to Mr. PT: It is unlikely that "nocoiners" (individuals who do not own or use Bitcoin) will be able to make it in the long term, as the adoption and use of Bitcoin is likely to increase significantly in the coming years. As more individuals and businesses adopt Bitcoin, it is expected that the demand for the digital asset will rise, leading to an increase in its value and market capitalization. In such a scenario, individuals who do not own or use Bitcoin may miss out on the potential benefits of the digital asset. As a sub which believes crypto is the way forward what really is your goal?

Vitalek Doesn't Trust Ethereum Staking?

*“The biggest reason why I’m not personally staking all of my ETH and staking a fairly small portion is because if you stake your ETH…the keys that access it have to be public on some system that’s online,”* **Buterin said.** *“For safety, it has to be multi-sig, and multi-sigs for staking are still fairly difficult to set up.”*  So, he only stakes a small portion of his Eth because he doesn't trust Eth staking? Seriously? [https://twitter.com/StakeWithPride/status/1674439555620159489](https://twitter.com/StakeWithPride/status/1674439555620159489)

Best Socials for Crypto?

Best Socials for Crypto So since Elon Musk just rugged us of Twitter, what are in your opinion the best socials to push to advertise your crypto project? Reddit brought me to my current biggest project. Where have you seen the best community building in the crypto world? I know many communities use Discord, and I like the ability to create multiple channels. Telegram is what I use mostly. Also like I said, Reddit is a great place for discussion. How are we to reach the masses with crypto if we can’t do Twitter Spaces? I want to hear your success stories as well as the hard lessons you have learned along your crypto journey. Thank you!

wallet for total n00b

Let me preface this with an apology as I'm sure this content is repeated ad nauseam. I'm late to the bitcoin game, and just bought a small amount- <$200 worth. At this low level is it safe to keep it on Coinbase, or should I invest in a wallet? I searched the sub, and most of the responses were above my understanding at this point. So basically I'm looking for the most complete begginer wallet that won't allow me to screw myself over somehow. Thanks in advance!

Binance dropped by paysafe

Do you think it’s looking grim for binance? What’s going to happen to crypto if binance falls?

So with Kucoin , the last REAL Crypto Exchange, folding under pressure. Banning No KYC , and also not allowing US Customers. Liquidity is about to vanish on many alt coins.

Where can these people go now ? i would LOVE to verify ID, but the US is literally one of the only country’s they’re not licensed in. Kucoin was far superior to these other bs exchanges like coinbase Which is a complete joke , & Binance US which is also a joke vs regular binance… the amount of alt coins is unmatched, the speed in which they list coins with hype like PEPE, unmatched, i don’t think this benefits ANYONE except of course the SEC & Regulators trying to bully traders into forcing us to put our money into the stock market since now we have practically no choice as far as Crypto Exposure. & When does this happen ? right after tons of Banks get the Greenlight to start increasing the amount of capital they’re allowed to invest into the crypto markets. Hence the massive pump in the original alt coins like BSV BCH LTC XMR ETC , etc. The SEC & The current Administration have been the worst thing for US crypto markets.

Kraken ordered by court to disclose user data to IRS for tax compliance

Bitcoin Suisse CEO: The Next Bull Market Is Coming

Bitcoin price has never lost more than 10% in July — Is 2023 different?

Ordinals deserve a red carpet welcome

Hot take. What do you guys think are ordinals good for Bitcoin?

Circle.com account from 2015/2016 with money in it closed

Tbh I forgot I had an account but I was going through old emails and I noticed I made a deposit there and never used it for 0.09 BTC, back then wasn’t a lot but I was freaking out a bit- tried to login but my account is closed now and I emailed support and they said ‘the circle product is discontinued’