Started By
Message

re: Official CryptoTalk Thread

Posted on 6/13/22 at 7:02 pm to
Posted by WG_Dawg
Hoover
Member since Jun 2004
86619 posts
Posted on 6/13/22 at 7:02 pm to
quote:

Coinbase has now mandated that all external addresses be whitelisted


What does this mean
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43316 posts
Posted on 6/13/22 at 7:12 pm to
Next couple of years will probably be rough but wagmi
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 6/13/22 at 7:20 pm to
You just have to put an address into an address book and give it 48 hours before you can use it. They say it’s a fraud prevention system but I think they are trying to slow down withdrawals.

From what I can tell it’s only for CB Pro which is even more bizarre
Posted by BottomlandBrew
Member since Aug 2010
27244 posts
Posted on 6/13/22 at 7:57 pm to
Looks to me like they're trying to kill off pro. You can now only send one way from CBP to CB. I exclusively use pro for my buys because the fees are stupid cheap. I guess they're wanting people like me to move to regular CB and pay higher fees.

That, and like you said, they're probably trying to temporarily slow withdrawals to prevent a celsius-like bank run incase the market really craters.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 6/13/22 at 8:06 pm to
I hope not, I enjoy Pro more, I still have a decent amount of coins on Pro
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 6/13/22 at 8:08 pm to
I just noticed they are advertising Coinbase One on the base Coinbase desktop. It's a subscription service, you pay a subscription and in exchange they don't charge fees when you place an order or swap.

Maybe they want to do away with Pro to promote this product instead?
Posted by Saint5446
Member since Jan 2014
825 posts
Posted on 6/13/22 at 8:11 pm to
So I started in 2017, lost a few hundred dollars on OG TRON, then have literally been on the sidelines constantly observing crypto for 5 years very closely for not having any position. I had my finger on the buy button to buy 10 BTC at $4000 each while watching the COVID crash in real time, then I missed the entire last bull run by just observing, and thinking that it was too good to be true, but also somehow resisted buying the last top and on the way down until now.

I don't want to miss the "next" bull run, assuming there is another one. I am thinking of beginning to average in here but I haven't seen the high volume capitulation yet. I have this gut feeling that it's going to go shockingly low in 1-2 candles, but I really don't know shite.
Posted by LordSaintly
Member since Dec 2005
39065 posts
Posted on 6/13/22 at 8:17 pm to
Averaging in is really all you can do. I think it's a good idea.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 6/13/22 at 8:18 pm to
19.5k was the peak of the last cycle. One of the paradigms is we never go below the peak of the last cycle during the lows of the current cycle. I'm not feeling so confident that'll hold true.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 6/13/22 at 8:19 pm to
So awhile Pro and Coinbase had two different timers on coins and you could make money buying and selling while watching on Pro. Follow the candles and trade accordingly on CB
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43316 posts
Posted on 6/13/22 at 8:29 pm to
quote:

You can now only send one way from CBP to CB. I exclusively use pro for my buys because the fees are stupid cheap


Well shite, that sucks.

My go-to method is to buy USDC on CB (no fee, no fund lock-up), send it to Pro and swap for ETH, send back to CB, then use Layerswap to send ETH to my zkSync wallet.

Guess I'll have to adjust. Pretty sure I can send USDC straight to zkSync but tx fee is a little higher.
Posted by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 6/13/22 at 8:55 pm to
Sub 21k. Better pinky up that additional bitcoin as collateral Saylor
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 6/13/22 at 8:57 pm to
well hopefully Auburn can go to Omaha and make me forget about all this shite
Posted by brdrone
wanderer
Member since Jul 2016
208 posts
Posted on 6/13/22 at 9:10 pm to
20.8 the new low.. hmm Cel and MSTR have major issues in this area. What say TD- both get whacked or up up and away?
Posted by MrSpock
Member since Sep 2015
4384 posts
Posted on 6/13/22 at 9:10 pm to
They are going to end Celsius
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 6/13/22 at 9:16 pm to
I don’t see how Celsius can survive this loss of trust. The only positive is it has shown people the entire point of crypto was to be your own bank. If you cede control of your property to a de facto bank you’ve kind of gotten back to the place that crypto was trying to break free from
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 6/13/22 at 9:18 pm to
If RobinHood can survive their manipulation anyone can...
Posted by brdrone
wanderer
Member since Jul 2016
208 posts
Posted on 6/13/22 at 9:19 pm to
Its all about the money. Someone just stole $11B; legally.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80856 posts
Posted on 6/13/22 at 9:33 pm to
Almost to $20k…about to start deploying my cash stash
Posted by BottomlandBrew
Member since Aug 2010
27244 posts
Posted on 6/13/22 at 9:56 pm to
I saw Celsius had lowered their liquidation down to 18.3k. If we hit that, hold on to your butts.
This post was edited on 6/13/22 at 9:57 pm
first pageprev pagePage 1967 of 2102Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram