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Old 05-12-2022, 05:44 AM  
Klen
 
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Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
Quote:
Originally Posted by jscott View Post
The Coinbase part is FUD, they were required by regulation to update their TOS, similar to what all exchanges are required to do. And nobody should be storing their assets on Coinbase or any exchanges anyways.

As for Luna/TerraUSD, that was a shitcoin ponzi, and those invested in it because of cool name, without learning or caring fundamentals get rekt, sadly but rightfully so.

Stick with the fundamentals, digital scarcity and the only secure one, Bitcoin
Yes beside bitcoin and other major cryptos everything else is shit coin no matter how hard someone would deny.
But the thing is, long time ago, i actually managed to make some money on currency which was doomed to fall - e-gold.
At that time , there was many exchanges which would do exchanges automatically, so while i know how it's only matter of hour till e-gold become extinct,
some auto exchange services were still accepting it, even tho for pretty high commission, like 20%, some other auto exchange were selling it for 30% so it was like guaranteed profit due 10% difference.
Same principle can be applied to crypto as most of exchanges are fully automated.
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