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 3 months ago '05        #51
Sivraj 
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 BeatYoSelff said
Crypto is less than 20% of my portfolio. It's a highly speculative a*set and should be treated as such.

Justin really doesn't understand it, as evidenced by his posts above, and people fear what they don't understand
I think he understands it well he adds balance to these threads and keeps us alarm about the scams out there. I think there is ways to make money from crypto but a lot of this sh*t does have scams.
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 3 months ago '22        #52
BeatYoSelff 
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 justin747 said
3. Exchanges aren't FDIC insured and can never be FDIC insured because they are LLCs. They aren't obligated to ever pay you back because Rug Pulls are technically legal.



I'll just go ahead and leave this here. Took a 2 second Google search to refute point 3. Don't really have the energy or will to sit here and show why the rest are incorrect. Iykyk.

at anyone taking financial advice from this confidently incorrect beta cuck. Literally his whole post is just opinion and incorrect statements. I just pity this dude he's up bright and early to spend his entire day warning people about a speculative a*set. Just sit back and let that sentence digest. So sad.


Last edited by BeatYoSelff; 08-18-2022 at 08:44 AM..
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 3 months ago '22        #53
BeatYoSelff 
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 Sivraj said
I think he understands it well he adds balance to these threads and keeps us alarm about the scams out there. I think there is ways to make money from crypto but a lot of this sh*t does have scams.
That goes without saying though. Crypto has been full of scams for years, and as long as there are gullible people looking to get rich quick that will remain. Don't invest into sh*t coins or on shady exchanges or click on phishing links and you won't lose all your money, its really not rocket science.

He doesn't add any kind of balance, his 7 point post is literally just full of incorrect information and his biased opinions. But to each his own, if you think Justin has knowledge to impart that let's me know of your own ignorance and gullibility.

 3 months ago '05        #54
Sivraj 
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 BeatYoSelff said
That goes without saying though. Crypto has been full of scams for years, and as long as there are gullible people looking to get rich quick that will remain. Don't invest into sh*t coins or on shady exchanges or click on phishing links and you won't lose all your money, its really not rocket science.

He doesn't add any kind of balance, his 7 point post is literally just full of incorrect information and his biased opinions. But to each his own, if you think Justin has knowledge to impart that let's me know of your own ignorance and gullibility.
To each is own I guess. I'm just not sold on crypto 100% because I don't see any true value in it. I'd rather make my money with sports betting than crypto cause at least you can actually see certain sh*t that can help you make money from it. Crypto is based on speculation and manipulation.
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 3 months ago '22        #55
BeatYoSelff 
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 Sivraj said
To each is own I guess. I'm just not sold on crypto 100% because I don't see any true value in it. I'd rather make my money with sports betting than crypto cause at least you can actually see certain sh*t that can help you make money from it. Crypto is based on speculation and manipulation.
Everyone's entitled to their opinion. I've seen the utility in crypto already, and I feel like they've barely scratched the surface. So many great projects being built off ethereum right now, it's not going anywhere.

And there's definitely a lot of speculation and manipulation involved, it's not for everyone. Crypto is less than 15% of my current investment portfolio and even that is kind of high.

What you should be doing is investing into crypto with your sports betting winnings. That's literally gambling with house money.

This goofy Justin thinks we're depositing paychecks into Mom&Pop crypto exchanges
+1   

 3 months ago '17        #56
justin747  topics gone triple plat - Number 1 spot x5
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 BeatYoSelff said



I'll just go ahead and leave this here. Took a 2 second Google search to refute point 3. Don't really have the energy or will to sit here and show why the rest are incorrect. Iykyk.

at anyone taking financial advice from this confidently incorrect beta cuck. Literally his whole post is just opinion and incorrect statements. I just pity this dude he's up bright and early to spend his entire day warning people about a speculative a*set. Just sit back and let that sentence digest. So sad.


That means the bank accounts they hold your money in are FDIC insured up to $250K. That DOES NOT mean your money in your Coinbase or Crypto.Com account is FDIC insured.

sh*t like this proves just how little you fu*king frauds understand about Crypto. You take these crooked a*s exchanges at their word, then their word changes and you end up looking dumb

You dudes should read the T&Cs before you click "Accept"



















Now go ahead and tell me the FDIC website is wrong



-1   

 3 months ago '17        #57
justin747  topics gone triple plat - Number 1 spot x5
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 BeatYoSelff said
Everyone's entitled to their opinion. I've seen the utility in crypto already, and I feel like they've barely scratched the surface. So many great projects being built off ethereum right now, it's not going anywhere.

And there's definitely a lot of speculation and manipulation involved, it's not for everyone. Crypto is less than 15% of my current investment portfolio and even that is kind of high.

What you should be doing is investing into crypto with your sports betting winnings. That's literally gambling with house money.

This goofy Justin thinks we're depositing paychecks into Mom&Pop crypto exchanges
Oh... and if they go bankrupt, every single exchange has it listed in their Ts & Cs that your money won't be returned to you and instead will be used to fund the bankruptcy








in the event of a bankruptcy, the crypto a*sets we hold in custody
on behalf of our customers could be subject to bankruptcy proceedings and such customers could be treated as our general unsecured creditors

customers could be treated as our general unsecured creditors
-1   

 3 months ago '21        #58
Swisha2k11  topics gone triple plat - Number 1 spot x4
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 BeatYoSelff said
This dude said none of us predicted the crash like there isn't a global recession happening and all markets have been down for the past year

Crypto is a speculative a*set of course its going to be one of the first things that whales are going to ditch during a global economic downturn


This.

Plus dude probably thinks since your btc or eth on Coinbase isn't fdic insured, crypto is inherently a scam ...

However, none of these investments are fdic insured, so his "point" is (once again) irrelevant...




-1   

 3 months ago '16        #59
WildOutBoy 
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I just want to buy this watch and this mf in here wilding out. Lmaoooo




+2   

 3 months ago '17        #60
justin747  topics gone triple plat - Number 1 spot x5
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 Swisha2k11 said


This.

Plus dude probably thinks since your btc or eth on Coinbase isn't fdic insured, crypto is inherently a scam ...

However, none of these investments are fdic insured, so his "point" is (once again) irrelevant...






That fraud you are in here defending claimed Crypto was FDIC insured. Did you even read the fu*king thread before you replied?

And all that sh*t you posted is literally in my screen shot and in the articles I linked LITERALLY from the FDIC





There's a reason he disappeared and it's because he was dead wrong.


 WildOutBoy said
I just want to buy this watch and this mf in here wilding out. Lmaoooo


Apple Watch >>>>>> This cheesy bullsh*t.

You dudes are lost.



30+ years on Earth and y'all are throwing money at technology you don't understand, and you have too much ego to admit you don't know sh*t.

-1   

 3 months ago '16        #61
WildOutBoy 
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 justin747 said


That fraud you are in here defending claimed Crypto was FDIC insured. Did you even read the fu*king thread before you replied?

And all that sh*t you posted is literally in my screen shot and in the articles I linked LITERALLY from the FDIC





There's a reason he disappeared and it's because he was dead wrong.




Apple Watch >>>>>> This cheesy bullsh*t.

You dudes are lost.



30+ years on Earth and y'all are throwing money at technology you don't understand, and you have too much ego to admit you don't know sh*t.



Bruh let me buy my watch and stop hating. Lmaooo

Ima get two bustdown baguette Cubans to go with it too. LMFAOOOO
+4   

 3 months ago '22        #62
BeatYoSelff 
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 justin747 said


That means the bank accounts they hold your money in are FDIC insured up to $250K. That DOES NOT mean your money in your Coinbase or Crypto.Com account is FDIC insured.

sh*t like this proves just how little you fu*king frauds understand about Crypto. You take these crooked a*s exchanges at their word, then their word changes and you end up looking dumb

You dudes should read the T&Cs before you click "Accept"



















Now go ahead and tell me the FDIC website is wrong



You stupid fu*k once again confidentily incorrect.

Jesus christ this kid is a moron.

He said that means the back account the crypto exchange uses is held in is FDIC insured.

Any CASH I have on either coinbase or crypto.com is 100% FDIC insured up to $250K. Leaen how to read you stupid fu*k. I never said that means my CRYPTO is insured. You clearly have no idea what you're talking about and once again are proving your lack of understanding of even the most basic concepts of crypto.



Tell us more about the ponzi and how blockchain is the worst data structure ever
+1   

 3 months ago '22        #63
BeatYoSelff 
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 justin747 said
Oh... and if they go bankrupt, every single exchange has it listed in their Ts & Cs that your money won't be returned to you and instead will be used to fund the bankruptcy













More ignorance from this dumb fu*k.

It is well known in the crypto space that exchanges going down would treat us as a creditor and we could be paid last.

It's like this his first year learning anything about Crypto and he thinks he's educating us



What a pitiful existence he lives. This is all he's got. You can tell by how much energy and sh*t he puts into this. Sad.
+1   

 3 months ago '21        #64
Swisha2k11  topics gone triple plat - Number 1 spot x4
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 justin747 said


That fraud you are in here defending claimed Crypto was FDIC insured. Did you even read the fu*king thread before you replied?

And all that sh*t you posted is literally in my screen shot and in the articles I linked LITERALLY from the FDIC





There's a reason he disappeared and it's because he was dead wrong.




Apple Watch >>>>>> This cheesy bullsh*t.

You dudes are lost.



30+ years on Earth and y'all are throwing money at technology you don't understand, and you have too much ego to admit you don't know sh*t.

All that typing and tap dancing but you still ain't say sh*t.



Where did he say verbatim that "Crypto is FDIC-insured"...

I'll wait....




Did you even read the fu*king thread before you replied?
+1   

 3 months ago '17        #65
justin747  topics gone triple plat - Number 1 spot x5
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 Swisha2k11 said
All that typing and tap dancing but you still ain't say sh*t.



Where did he say verbatim that "Crypto is FDIC-insured"...

I'll wait....






 justin747 said
3. Exchanges aren't FDIC insured and can never be FDIC insured because they are LLCs. They aren't obligated to ever pay you back because Rug Pulls are technically legal.
 BeatYoSelff said



I'll just go ahead and leave this here. Took a 2 second Google search to refute point 3. Don't really have the energy or will to sit here and show why the rest are incorrect. Iykyk.


Go ahead and side with Blanco tho.
-1   

 3 months ago '17        #66
justin747  topics gone triple plat - Number 1 spot x5
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 BeatYoSelff said
You stupid fu*k once again confidentily incorrect.

Jesus christ this kid is a moron.

He said that means the back account the crypto exchange uses is held in is FDIC insured.

Any CASH I have on either coinbase or crypto.com is 100% FDIC insured up to $250K.
Prove it.



Leaen how to read you stupid fu*k.

 3 months ago '22        #67
BeatYoSelff 
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 justin747 said








Go ahead and side with Blanco tho.
It says USD balances in the picture lol. You said exchanges aren't FDIC insured.

Mute point refuted.



Back to ponzis please
+1   

 3 months ago '22        #68
BeatYoSelff 
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 BeatYoSelff said


 justin747 said
Prove it.





Can you not read dumb fu*k? It's right there USD is FDIC insured up to $250k. In addition most other exchanges have other insurance like Crypto.com, which once again is FDIC insured for CASH. So once again, you are confidently incorrect. What an absolute failure you are.




Last edited by BeatYoSelff; 08-18-2022 at 08:22 PM..
+1   

 3 months ago '17        #69
justin747  topics gone triple plat - Number 1 spot x5
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 BeatYoSelff said
It says USD balances in the picture lol. You said exchanges aren't FDIC insured.

Mute point refuted.



Back to ponzis please
 BeatYoSelff said
Can you not read dumb fu*k? It's right there USD is FDIC insured up to $250k. In addition most other exchanges have other insurance like Crypto.com, which once again is FDIC insured for CASH. So once again, you are confidently incorrect. What an absolute failure you are.




Crypto Exchanges CANNOT PROVIDE FDIC INSURANCE. You are wrong and your USD and Crypto is not and never will be FDIC insured.



You're falling for marketing tricks. ONLY Banks can provide FDIC insurance. Crypto exchanges claim "FDIC Insuraned" because they hold deposits in banks.

That doesn't protect you if they are insolvent and collapse. That protects you if THE BANK they use goes insolvent. So if Coinbase uses Wells Fargo, you are protected if Wells Fargo collapses, not Coinbase




It's not like I'm making this sh*t up. Everything I'm explaining finally got exposed with Voyager and Celsius










I got sources for everything I claim and you're name calling. I'm legit posting FEDERAL sources about the FEDERAL Deposit Insurance Corporation aka FDIC and yall are saying I'm wrong


 3 months ago '21        #70
Swisha2k11  topics gone triple plat - Number 1 spot x4
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 justin747 said








Go ahead and side with Blanco tho.

Great. Now where did he say "Crypto is FDIC-INSURED"...


Once again, verbatim...(do you even know what 'verbatim' means)?...


Hint: are we conflating Coinbase with crypto... again?


Still waiting...

+1   

 3 months ago '17        #71
justin747  topics gone triple plat - Number 1 spot x5
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 Swisha2k11 said
Great. Now where did he say "Crypto is FDIC-INSURED"...


Once again, verbatim...(do you even know what 'verbatim' means)?...


Hint: are we conflating Coinbase with crypto... again?


Still waiting...

There is ZERO FDIC Insurance in Crypto in any way, shape, or form. Not USD, Not BTC. Not USDC. Not BTC. Not ETH. And on and on and on. If your money is on an exchange, it is NOT FDIC Insured in any way

Does that clarify?





You aren't paying attention. It just happened with Voyager.







-2   

 3 months ago '17        #72
justin747  topics gone triple plat - Number 1 spot x5
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 Swisha2k11 said
Great. Now where did he say "Crypto is FDIC-INSURED"...


Once again, verbatim...(do you even know what 'verbatim' means)?...


Hint: are we conflating Coinbase with crypto... again?


Still waiting...







FDIC pass-through insurance protects funds held on behalf of a Coinbase customer against the risk of loss should any FDIC-insured bank(s) where we maintain custodial accounts fail
FDIC pass-through insurance protects funds held on behalf of a Coinbase customer against the risk of loss should any FDIC-insured bank(s) where we maintain custodial accounts fail
should any FDIC-insured bank(s) where we maintain custodial accounts fail










An unsecured creditor is an individual or institution that lends money without obtaining specified a*sets as collateral. This poses a higher risk to the creditor because it will have nothing to fall back on should the borrower default on the loan.

-1   

 3 months ago '20        #73
cr8ed2bh8ed585 
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Why do sh*tcoins get such a bad rep? That's the only investment I've been able to turn a $500 investment into tens of thousands in a few weeks. On average I usually 3x-10x my investment then dip.

sh*tcoins are meant to be pimped, no more, no less. Everybody screams utility, but the goal is to make money. It's okay to play in sh*tcoins then dump profits in utility.

When investing in sh*tcoins be smart! Check tokensniffer, go over the contract, check out their site, and check out their etherscan to check the transactions. If you want to make your money quicker go for newer lower cap tokens. I 10xd my money in Shiba and got out over a year ago. Take your emotions out of it and realize the likelihood of becoming a millionaire is low unless you get in early or invest a lot. sh*tcoins are the quickest way to "printing money" but you gotta be smart about it.
-1   

 3 months ago '22        #74
BeatYoSelff 
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 Swisha2k11 said
Great. Now where did he say "Crypto is FDIC-INSURED"...


Once again, verbatim...(do you even know what 'verbatim' means)?...


Hint: are we conflating Coinbase with crypto... again?


Still waiting...

This stupid fu*k can't read.

He thinks one exchange equates for the entire Crypto space. Never ever heard of Celsius or Voyager until those exchanges collapsed. As I've stated numerous times, crypto is volatile and full of scams. It's up to you to do your own DD.
Crypto.com is 100% fdic insured for your USD, and in addition they have almost a billion dollars worth of insurance for Crypto and other a*sets.
Haven't used Coinbase in over a year, not sure with them but the picture says they are for USD only as well.

As usual Justin is just misinformed and dead wrong, and keeps doubling down. What a fu*king clown.


Last edited by BeatYoSelff; 08-19-2022 at 08:49 AM..

 3 months ago '16        #75
Adrian99OVR 
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Idk why yall are in here arguing with somebody who just said "rug pulls are legal." Dude got bulletpoints full of strawmans, double speaking, and platitudes. One minute he's an expert in fintech... Then blockchains... cryptography... the US legal system, commercial banks...



He's a 40 year old single male who still watches pro wrasslin but will tell you crypto is fake.

It's an exercise in futility.

Just laugh at the stupidity and keep it moving.
+2   



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