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re: Official CryptoTalk Thread
Posted on 7/18/22 at 7:31 am to Hulkklogan
Posted on 7/18/22 at 7:31 am to Hulkklogan
ETH looking real strong, atm. Successful testnet merges and a roundabout merge date have ETH leading the rally. TBD if it's a bear rally or actual recovery.
2
Posted on 7/18/22 at 8:02 am to BottomlandBrew
quote:This
it's a bear rally
Posted on 7/18/22 at 8:10 am to BZ504
Coinbase to onramp USD to USDC.. then I move it to my own wallet and use a DEX.
Posted on 7/18/22 at 8:13 am to BottomlandBrew
quote:
bear rally
TBH I think this.
Macro environment still too unfavorable.. but it could mean a lower floor for ETH post-merge.. it will likely be deflationary
Posted on 7/18/22 at 8:25 am to Hulkklogan
Are Robinhood wallets considered off an exchange and are they safe?
Posted on 7/18/22 at 8:31 am to Fox McCloud
Looks like Robinhood wallets are currently custodial, so NO. Maybe technically they can't/won't rob your wallet of money, but "not your keys, not your crypto". If they manage your wallet, they can do whatever they want with your crypto.
Here's the waitlist for non-custodial wallets:
LINK /
Here's the waitlist for non-custodial wallets:
LINK /
This post was edited on 7/18/22 at 8:32 am
Posted on 7/18/22 at 8:33 am to Fox McCloud
quote:
Are Robinhood wallets considered off an exchange and are they safe?
Safe is relative in this space. The only sure way to know your crypto is your own is your own hardware wallet.
Posted on 7/18/22 at 9:20 am to Fox McCloud
quote:
Are Robinhood wallets considered off an exchange and are they safe?
The lesson has been learned time and time again for over 10 years.
The only safe place is a hardware wallet. There is nothing else.
Posted on 7/18/22 at 9:37 am to I Love Bama
quote:Unfortunately people love middlemen. They'll never get this.
The lesson has been learned time and time again for over 10 years.
The only safe place is a hardware wallet. There is nothing else.
Posted on 7/18/22 at 9:42 am to Fox McCloud
quote:No
Are Robinhood wallets considered off an exchange and are they safe?
Posted on 7/18/22 at 10:02 am to FnTigers
Hardware/cold wallets are safer than hot wallets because you have to physically intervene to make transfers happen, but there's still a world of difference between hot wallets and exchanges/custodial wallets.
Properly managed hot wallets are nearly unhackable, but you still have to be vigilant for social engineering.
Properly managed hot wallets are nearly unhackable, but you still have to be vigilant for social engineering.
Posted on 7/18/22 at 12:41 pm to JayDeerTay84
I have a ledger that I’ve never used but I don’t want to pay fees everytime I move a crypto to it. I buy with a dca method so ok constantly acquiring it
Posted on 7/18/22 at 1:32 pm to Fox McCloud
You can buy directly through Ledger Live to your hardware wallet. I've never done it, so I don't know what the fees are. It's basically nothing to go from a CEX to your hardware wallet. I just looked at my last transfer, and it was a .0005 eth fee to transfer 2 eth. The eth price at the time was $1200, so 60 cents. Whoopty-do.
I also DCA. What I do is I set dollar caps on what I keep on exchanges. When it reaches that much, I transfer off.
I also DCA. What I do is I set dollar caps on what I keep on exchanges. When it reaches that much, I transfer off.
Posted on 7/18/22 at 1:36 pm to BottomlandBrew
Gotcha, I thought I remembered Bitcoin having absurd moving fees so I wasn’t sure
Posted on 7/18/22 at 3:10 pm to tenderfoot tigah
Gemini raised there rates today
We wanted to let you know our interest rates on BTC, ETH, GUSD, and SOL changed, effective July 18, 2022.
The new interest rates for Gemini Earn assets lent to Genesis are:
BTC: 2.75% APY
ETH: 3.04% APY
GUSD: 7.15% APY
SOL: 5.06% APY
The previous interest rates were:
BTC: 1.01% APY
ETH: 1.26% APY
GUSD: 6.9% APY
SOL: 4.55% APY
We wanted to let you know our interest rates on BTC, ETH, GUSD, and SOL changed, effective July 18, 2022.
The new interest rates for Gemini Earn assets lent to Genesis are:
BTC: 2.75% APY
ETH: 3.04% APY
GUSD: 7.15% APY
SOL: 5.06% APY
The previous interest rates were:
BTC: 1.01% APY
ETH: 1.26% APY
GUSD: 6.9% APY
SOL: 4.55% APY
Posted on 7/18/22 at 7:38 pm to Fox McCloud
quote:It has been a while. Bitcoin fees now are pennies (most of the time)
Gotcha, I thought I remembered Bitcoin having absurd moving fees so I wasn’t sure
This post was edited on 7/18/22 at 9:20 pm
Posted on 7/18/22 at 7:48 pm to James11111
quote:anyone using this service is a moron just begging to lose everything you put on that platform.
Gemini raised there rates today
We wanted to let you know our interest rates on BTC, ETH, GUSD, and SOL changed, effective July 18, 2022.
The new interest rates for Gemini Earn assets lent to Genesis are:
BTC: 2.75% APY
ETH: 3.04% APY
GUSD: 7.15% APY
SOL: 5.06% APY
The previous interest rates were:
BTC: 1.01% APY
ETH: 1.26% APY
GUSD: 6.9% APY
SOL: 4.55% APY
Posted on 7/18/22 at 8:37 pm to FnTigers
quote:
anyone using this service is a moron just begging to lose everything you put on that platform.
You shouldn't post things like this without explaining this position. It makes you sound like a troll.
ETA: Nevermind. I see from your previous post you don't trust any of the exchanges.
This post was edited on 7/18/22 at 8:41 pm
Posted on 7/18/22 at 9:21 pm to James11111
quote:I mean c'mon, all we have seen over the past 1-2 month are these yield platforms getting crushed and taking customer's deposits with them on their way down. It is pretty obvious and well known why he is saying that and he isn't wrong about it.
You shouldn't post things like this without explaining this position. It makes you sound like a troll.
Posted on 7/18/22 at 9:28 pm to TigerTatorTots
Gemini isnt close to the same in yield as the platforms that have crashed.
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