MTI’s fraud: a case study
Regulating cryptocurrencies necessary for mass adoption
Quote:
Originally Posted by Dan Schmidt
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MTI’s fraud: a case study
Regulating cryptocurrencies necessary for mass adoption
Quote:
Originally Posted by Dan Schmidt
TokenHell broker reviews, scam or legit?
I can't say they're all scam/legit or some combination thereof as much as I will say this is smarmy "journalism" IMHO. More to the point why they recommend 20+ in what seems like the last month? Why not five best of breed like every other financial publication?
Maybe something like this...
1. Is the broker run on it's own server or a sever shared with hippies selling apples? If apples then NO
2. Is the broker SIPC insured and insured against hacking losses? If NO then NO (SIPC won't cover cryto losses)
3. Has the technology been reliable when I needed it. IF NO then NO.
4. Do I know who owns and or runs the business? If NO the NO.
5. Is the broker registered in the country where I do business? If NO then NO.
All of the below reviews are rated 9 or better on presumably a 10 point scale? All that I clicked on had what looked like affiliate links.
Coinbit Review - Is Coinbit Scam or Legit?
Bitrue Review - Is Bitrue Scam or Legit?
CoinEx Review - Is CoinEx Scam or Legit?
itBit Review - Is itBit Scam or Legit?
eToroX Review - Is eToroX Scam or Legit?
https://tokenhell.com/coinbase-pro/
https://tokenhell.com/itrustcapital/
https://tokenhell.com/author/shelly-melancon/
https://tokenhell.com/catex/
https://tokenhell.com/nicehash/
https://tokenhell.com/coinfield/
https://tokenhell.com/crex24/
https://tokenhell.com/coinbene/
https://tokenhell.com/bitkub/
https://tokenhell.com/bitbuy/
https://tokenhell.com/nominex/
https://tokenhell.com/bitvast/
https://tokenhell.com/indodax/
https://tokenhell.com/gokumarket/
https://tokenhell.com/ecomarkets/
https://tokenhell.com/ezdsk/
https://tokenhell.com/author/adebayo-owotunse/
https://tokenhell.com/jcmfx/
https://tokenhell.com/xchangebit-io/
https://tokenhell.com/author/bentley-kapoor/
A loser in the lot???
DISCLAIMER
This website may have financial affiliations with some (not all) of the brands and companies mentioned on this website
https://tokenhell.com/exchange-broker/
There's an old saying among scoundrels that you can't cheat an honest man. While plenty of honest people do get the shaft, many scams are designed to prey on people's greed and larceny.
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Originally Posted by Bill Toulas
You could statistically set up trades to be 99% winners with one small and one big problem. The amount you win 99% of the time will be very small and the amount you lose on the 1% will be big. Enough to wipe out all your previous gains and then some. For many years 90% winners has been a common hook among woo peddlers touting option selling courses. Everyone seems to love teaching and selling bots more than they do profitable trading.
I just modeled a 90% trade expiring next week, risk $49 to make $1. I'll pass.
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Originally Posted by Evertise
Even in massive bull markets this stuff happens all the time.Quote:
Originally Posted by Scamadviser
XRP price - $420M in leveraged long traders liquidated after XRP rallies to $1.96 | Fintech Zoom - World Finance
As does this...
It's your subsidizing sum, choose wisely.Quote:
Originally Posted by Eric Rosenberg
What has the world come to when you can't trust people offering hacking software?
HackBoss malware is using Telegram to steal cryptocurrency from other hackers | IT PRO
Altcoin Scam #1: The Classic Pump and Dump
Top 5 Altcoin Scams to Watch Out for in 2021 • Benzinga
These are Coinbase's biggest concerns about crypto-risks - AMBCrypto
Madoff had this to say: "Everybody was greedy, everybody wanted to go on and I just went along with it.”
Bernie Madoff fathered the mother of Ponzi schemes - The Week
Yeah, who does this?
Smells like vapor and fiat.Quote:
Originally Posted by Vishal Chawla
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Originally Posted by Vishal Chawla
Certainly one explanation, albeit we've heard similar a thousand times before.
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Originally Posted by Obike Favour
What's not to like :RpS_wink:
#SAFEMOON
:mooning:
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Originally Posted by Brenden Rearick
As always the comments astound. I guess it will be a scam when the masses lose, as opposed to something created out of thin air to allegedly serve some higher albeit unnecessary function.Quote:
Originally Posted by Samuel Wan
https://twitter.com/TheCryptoLark/st...64527229231107
The space seems like a house of cards with too much money chasing too many crappy coins.
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Originally Posted by investopedia
Wow factor!!!
Turkey detains dozens over alleged cryptocurrency fraud | New Straits TimesQuote:
Originally Posted by Felipe Erazo
Family reports Wentworth ‘Bitcoin trader’ missing | Witness
Versus simple ways to invest where your CEO or Head Trader never take a runner???
One thing is clear, anyone too levered up in the past week was wiped out.
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Originally Posted by Very super helpful article on where the price of BTC might go
Beyond that my takeaway from the article. If the price goes up it will go up, if the price goes down it will go down. Unless of course price stays flat, in which case it won't budge.
Attachment 24658
Bitcoin (BTC) investors: You should know the story of the Hunt brothers and the silver market | Fortune
It's difficult for me to reconcile the title of this article without being a smart ass.
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Originally Posted by Report Door
Crypto is the free market solution to government fiat or so the story goes. Why then run to Big Brother when it gets gone?
https://www.youtube.com/watch?v=cx2Sps9aMcY
If you're going to play the game you need expect no help if rooked and therefore best spread your loot among many coffee cans as it were.
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Originally Posted by Business World
SEC.gov | Investor Alert: Watch Out for Fraudulent Digital Asset and “Crypto” Trading WebsitesQuote:
Originally Posted by Emma Newbery
SEC.gov | Investor Alert: Watch Out For False Claims About SEC And CFTC Endorsements Used To Promote Digital Asset Investments
Interesting story but I am having a hard time getting this journalist's numbers to add up. The way I read this is he's plowing 7% of his salary into BTC. A reasonably aggressive bet for a high income earner and hopefully not all he's investing.
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Originally Posted by Danny Nelson
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Originally Posted by Andrew Lisa
Good job Disaster Girl.
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Originally Posted by Maddie Ellis
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Originally Posted by Coindesk
If you read about Michael Crawford in Forbes you probably don't read Forbes...
https://www.youtube.com/watch?v=Uzw5_vR2l7sQuote:
Originally Posted by Jed Oelbaum
BCHG up 39% this week, ETCG up 132%, even LTCN up 54% and joke coins are raising millions from willing participants.
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Originally Posted by Zack Guzman
The scammers could probably garner bigger stakes with something quasi honest like IDI:RpS_wink:T Coin.Quote:
Originally Posted by Explica .co
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Originally Posted by Daniel Palmer
Attachment 24662
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Originally Posted by Boldmethod
Made me chuckle...
Sound familiar?Quote:
Originally Posted by Lionel Shriver
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Originally Posted by Patrick Wright
This blows me away...
Grayscale's bitcoin and Ethereum funds now generate as much revenue as Vanguard's 82 ETFs | Currency News | Financial and Business News | Markets Insider
April 10, 2021 $50 Billion AUM
Grayscale’s Net Assets Under Management Closes in on $50 Billion
January 31, 2021 $7.2 Trillion AUM
Fast facts about Vanguard
Huge fan of Index Investing Definition and if you're going to HODL fees matter.
As more participants enter the game, fees should plummet. Of course if investments go up 100% give or take in a week, what's a piddling 2-3% management fee?Quote:
Originally Posted by Matthew Frankel, CFP
Slightly under-priced priced based on NAV.
Holdings per share 5/5/2021 $79.05 Market Price $67.15
https://grayscale.com/products/grays...classic-trust/
3X holding per share.
Holdings per share 5/5/2021 $10.87 Market Price $38.38
https://grayscale.com/products/grays...in-cash-trust/
10X-Crazy Town.
Holdings per share 5/5/2021 $30.97 Market Price $374.99
https://grayscale.com/products/grays...itecoin-trust/
Recently there have been some significant divergences in % decreases/ increases between crypto stocks and crypto coins. I know which way this dinosaur dances when this happens with liquid option-able assets. Will have to remain glued to my chair on the sidelines waiting for them to resolve in the crypto space.
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Originally Posted by Harry Robertson
Reminds me of Bre-X - Wikipedia.
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Originally Posted by AL
$215,000,000 missing: Mysterious death of the CEO of Canada’s largest cryptocurrency firm explored in documentary
�� The Second Mouse Gets the Cheese �� [Idiom] - MyEnglishTeacher.eu - MyEnglishTeacher.eu Blog
I must confess over the weekend I was temped to make my first crypto speculation.
On Friday https://grayscale.com/products/grays...classic-trust/ reported holdings per share of $115.40 but closed at a price of $56.59. It was like a bag of money sitting in the corner just waiting to be scooped up, or was it?
Two things held me back:
First I still don't get the investment/asset side of Crypto. Oh the block chains are remarkable for this and that, or so everyone says. What stops me from crtl-c on my keyboard and taking all the blocks I need??? Well not me personally, but someone a wee bit more savvy.
No easy way to hedge the NAV difference. Nor on my brief review do I believe Grayscale exchanges trust units for Ethereum.
So that left me with chasing momentum!
Ethereum is going up so I'll hop on for the ride. Something I'm loathe to do with things I don't get and don't really want to get. And really only the notion of buying a buck for fifty cents caught my eye. With a hedge in place I could sit on that trade for a while. If I had a way to sell Ethereum and buy ETCH I probably would to lock in the "risk free profit" not really caring what it does. Without a hedge it's little more than a crap shoot.
Of course I wasn't the only one that noticed the bag of money just laying there GRAYSCALE ETHEREUM CLASSIC TR E (ETCG) Stock Forum & Discussion - Yahoo Finance .
While Ethereum the coin traded up; ETCH opened at $89 Friday and closed around $56 and today it opened at $64 and closed around $47. Bag alright.
This article might explain what is going on Ethereum Classic Demand Steady as Traders Cover Positions - CoinDesk.
Attachment 24663
I'll reiterate this is not an investment but a scam site. I'll also reiterate what I said previously; Wall Street dumps a lot of garbage on the public often at the worst possible time. Don't rely on internet savants to read you in...
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Originally Posted by Random Message Board Comments
Let's party like it's 1933.
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Originally Posted by Colin Harper
Banking Crisis of 1933 | Encyclopedia.com
It's hard to fathom something like this effecting the nation's infrastructure doesn't raise some eyebrows.
Colonial Pipeline Paid Almost $5M Crypto Ransom Soon After Attack: Report
Then again these idiots lost control of 143M files...
Equifax Says Cyberattack May Have Affected 143 Million in the U.S. - The New York Times
While these idiots awarded them a contract to fix fraud their negligence helped create.
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Originally Posted by STEVEN OVERLY and NANCY SCOLA
BTC $46,375.90 the day this story printed.
Tesla buys $1.5 billion in bitcoin, plans to accept it as payment
BTC $48,335.98 as I type.
Tesla Halts Use of Bitcoin for Purchases, CEO Elon Musk Tweets | Technology News
Meanwhile instead of approving transparent liquid products that might protect consumer the SEC pontificates what everyone should know by now.
SEC Staff Calls Bitcoin ‘Highly Speculative,’ Hints at ETF Skepticism
Trading on tweets is pure speculation, holding on the hope of just the right tweet gambling. Play accordingly.
Musk's comments on Bitcoin were a "four-dimensional chess move"
“Never play chess with a pigeon
The pigeon knocks over all the pieces
Shits all over the board
Then struts around like it won.”