AZTG
OG
Like always
The Cryptocurrency Thread
- Thread starter Inori
- Start date
Like always
DOS_patos
Unverified Legion of Trill member
Ya know. I was gonna say that but figured it wouldn’t be cool to say. But now that you said....whatever.
you still cool tho
Where the hell can I buy FTX? I swear you can’t even do it on their app wtf
deadeye
Warrior
Exactly.
The most disturbing part about it was Janet Yellen talking about it like it was a viable option.
The Secretary of the Treasury...........and a former Fed Chairman........talking about taxing unrealized gains?
I would expect a politician or congressperson saying something like that, but not someone like her.
The only way I could see it possibly work...........is if they try to equate it with real estate/personal property taxes.
Basically taxing you on something you own.
What I don't understand is, how would they collect the tax?
Would they force people to sell their stocks?
What if they sell some of their stocks at a loss?
Would they then get a capital loss that they could use in the future to offset any future taxes from capital gains?
What worries me is that they were strongly considering this, but decided to back off just to save face.
Just wondering who really came up with the idea...........and how it even got to the point of putting it out there to the public.
deadeye
Warrior
Another thing that disturbs me is that none of these exchanges seem to be able to handle any kind of high volume or volatility.
They don't seem to be able to handle any huge demand.
Coinbase..........FTX...........RobinHood.............Crypto.com...........all of them shut down whenever they have too many transactions to process.
Starting to think Shiba Inu would've broken a penny by now if they were able to handle the demand for it.
Makes you wonder though...............is it really a demand problem?
Or are these companies staking so many of their customers coins, that they're not prepared for what would happen if too many of their customers sold their current holdings to buy another token.
Like, say Exodus or Coinbase is heavily staking their customers' Ontology or Algorand.
Their customers wanna get in on the Shiba craze by trying to convert those holdings to Shiba.
Is it really the volume they can't handle, or the chaos that would ensue with whatever transactions they have their staking tied to?
This might be above my head because I don't understand everything about the crypto trade/staking...........but something definitely seems off with so many exchanges not being able to handle volume which, you know............being exchanges........it's something they're supposed to be able to handle.
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Nigga answer my question don’t quote me with this shit man lol
dasmooth1
Active Member
I'm waiting for Robert Kiyosaki to address this on the Rich Dad podcast. That mofo HATES Janet Yellen. I can only imagine what he would have to say about this. He already calls her a communist lol
Bender Rodriguez
Kiss my shiny metal ass
Think i might throw like $100 down but i have never used this shit ill be lurking
Take off your tin foil snapback fam. Its not a conspiracy.
Blockchain transactions can only be processed by decentralized blockchain processors. The exchanges themselves are the brokers of these exchanges, not the ones processing them. Also, Coinbase being a public company would face lawsuits for intentionally stalling trades, look what happened to Robinhood after the GME fiasco
These trading platforms likely just get overwhelmed with a sudden influx in the volume of users, just like any online service does. Ever heard of a DDoS attack? The attackers generate massive amounts of traffic and direct them at a target website, which is overloaded by the amount of requests coming in at once and simply crashes. Exchanges going down during periods of unusually high trading activity can be 'crashed' in a similar fashion (although the intent in this case is not malicious)
Edited to add the obvious fact that a company itself can't stake tokens unless they're using a company crypto wallet to do the transactions, which in itself would be incredibly sus
Inori
NAWF
If you have wallet that can take FTT like Exodus...try a different exchange....Something like changenow, changelly or simpleswap
https://changenow.io/
https://simpleswap.io/
https://changelly.com/
These joints are good for getting joints that arent on the major exchanges.
I'd suggest starting with a small amount first.
good picks, also you can check
Step Finance | Solana
Step Finance is the front page of Solana. Visualize, Analyze, Aggregate and Execute transactions across Solana in one easy to use Dashboard.
deadeye
Warrior
DOS_patos
Unverified Legion of Trill member
There's now a 'Squid Game' cryptocurrency - and it's jumped more than 75,000% in under a week
Holders of the token can play online games to earn more tokens. Developers promise there are no "deadly consequences."
I had to deposit money into voyager then buy cardano and then transfer it to exodus and then exchange in exodus lol
shit was annoying because there’s a minimum exchange limit that I didn’t meet so I had to do this twice and get charged 4 ADA lol
shit was annoying because there’s a minimum exchange limit that I didn’t meet so I had to do this twice and get charged 4 ADA lol
Inori
NAWF
Yeah them minimums pissed me off at first lol. I think I transferred usdc or some other stablecoin instead then exchanged from there
All the other coins I had like vechain and TRON I couldn’t transfer lol
Didn’t have enough Bitcoin to do the job and I wasn’t gonna give up any etherium I have
God_Body
Check yourself, what percentage is you?
Fuck it, let me buy some. DraftKings ain’t been on shit.