Bitcoin and Crypto

[Hangonaminute]

Virtual power plants?
(Sounds like science fiction)
Tesla
Blockchain technology and crypto?
South Australia
Distributed energy resources.

Is this actually a real thing?

https://youtu.be/_VLLYkPu3wQ

 

[Hangonaminute]

Bitcoin just broke out to the upside, now waiting to hold support above 10.5k us before bullrun is confirmed.

Anybody considering getting some it might be a good idea to start accumulating.

 

[Chainlink]

I’d say most people see bitcoin as one store of value now rather than a potential future world currency. Things are changing in the blockchain space very rapidly.

There is no doubt in my mind that blockchain will have a huge impact on how a lot of business are run. Decentralised finance is gaining huge momentum at the moment. Most of these decentralised financial applications seem to be being developed on Ethereum not bitcoin and there are more and more blockchain being developed with different functions all the time.

The discussion isn’t bitcoin vs fiat anymore, at least not for me. It’s how can decentralisation be used to change the nature of business, specifically in the area of trust.

 

[kratos]

Thanks hangonaminute for all the information definitely spiked my interest to look into it again. My hope back in 2016 was it would take off and we would be set free from central banks but i felt the banks/government swashed it for good. Good read for anyone interested in how the federal banks were created. https://www.facts-are-facts.com/news/the-federal-reserve-is-privately-owned

 

[WswWt]

Thanks hangonaminute for all the information definitely spiked my interest to look into it again. My hope back in 2016 was it would take off and we would be set free from central banks but i felt the banks/government swashed it for good. Good read for anyone interested in how the federal banks were created. https://www.facts-are-facts.com/news/the-federal-reserve-is-privately-owned

Unfortunately the banks bought into it, which now means they are also whales who can control the market.

 

[Cultured_Bogan]

The banks won't just allow it to circumvent their power. They'll just find a way to work it in their favour.

 

[Hangonaminute]

Thanks hangonaminute for all the information definitely spiked my interest to look into it again. My hope back in 2016 was it would take off and we would be set free from central banks but i felt the banks/government swashed it for good. Good read for anyone interested in how the federal banks were created. https://www.facts-are-facts.com/news/the-federal-reserve-is-privately-owned

No worries, it's an interesting time at the moment, we're sitting at a possible turning point, a new trend could begin which would see massive gains or we could continue with the downtrend for a few months.

If you're interested in having a place to store your Crypto as well as fiat currency and be able to spend it and receive cash back of 2,3,4 or 5% (depending on which card you get) on every purchase check out Crypto.com.

If you've got some AUD to invest you can earn 12% locked for 3 months or 8% on a flexible term (no lock in).
Try getting anything close to that from a bank, you'll be lucky to get 2%.
You can also earn 20% on their native CRO coin on their exchange.
There's also a way to earn compounding interest.
If you want to know more let me know, if you're interested in getting started with $50 for free, let me know.
You'll also get free Spotify (and Netflix and airport lounge entry, again depends on which card you get)

This has replaced my everyday bank account, imo it's a no brainer.
I'm earning a passive income from it which no bank is capable of doing.

 

[kratos]

Yes please with the $50 start up. I will join up on the website too and keen to put in a little bit of money this week too. Thanks

 

[Hangonaminute]

Yes please with the $50 start up. I will join up on the website too and keen to put in a little bit of money this week too. Thanks

No worries, here's the referral for the $50 sign up.
jzjgv8yxch

All you have to do is buy 50 MCO coins and stake them on the app, the $50 will get added to your wallet.
If you have any probs or questions just let me know, if you want to learn how to earn compounding interest let me know. 👍

 

[kratos]

Thanks just signed up and waiting for them to process me. Appreciate the help!!

 

[Hangonaminute]

No problems, if you have any questions don't hesitate to ask.

Apparently you have 5 days to use the code once you're approved if it didn't work from start.
Your account should be credited the $50 and be locked, once you stake 50 MCO the $50 will be yours.

So if you don't see the $50 credited, you have to enter the code again within 5 days. 👍

 

[CocaCola]

If you've got some AUD to invest you can earn 12% locked for 3 months or 8% on a flexible term (no lock in).
Try getting anything close to that from a bank, you'll be lucky to get 2%.
You can also earn 20% on their native CRO coin on their exchange.
There's also a way to earn compounding interest.
If you want to know more let me know, if you're interested in getting started with $50 for free, let me know.
You'll also get free Spotify (and Netflix and airport lounge entry, again depends on which card you get)

Am i understanding correctly, the 12% rate shown on the site is based on an annual rate, so being locked in for 3 months gives you 3% return during that 3 month period?
$10,000 to make $300 Profit after 3 months? Not very enticing.

How does the netflix work, it seems US based? Do you nee a VPN in order for that to work, or do they give u access to Netflix Oz?

 

[Hangonaminute]

If you've got some AUD to invest you can earn 12% locked for 3 months or 8% on a flexible term (no lock in).
Try getting anything close to that from a bank, you'll be lucky to get 2%.
You can also earn 20% on their native CRO coin on their exchange.
There's also a way to earn compounding interest.
If you want to know more let me know, if you're interested in getting started with $50 for free, let me know.
You'll also get free Spotify (and Netflix and airport lounge entry, again depends on which card you get)


Am i understanding correctly, the 12% rate shown on the site is based on an annual rate, so being locked in for 3 months gives you 3% return during that 3 month period?
$10,000 to make $300 Profit after 3 months? Not very enticing.

How does the netflix work, it seems US based? Do you nee a VPN in order for that to work, or do they give u access to Netflix Oz?

Yes the 12% is annual, so after the 3 month period ends you lock away for another 3 months etc.
There's a way to compound that interest though.

If you're interested in buying and staking the exchange token CRO you can earn 20% apr paid daily, which can also be compounded
(I'm earning a passive income doing this)

As for Spotify and Netflix, once you stake your MCO, apply and receive your card, all you do is use your card to make the payment and they'll credit your account instantly
No vpn required.
Oz Netflix

For some reason Spotify require the card to be issued in the same country as the account, so they won't accept the card for payment.
The workaround is just to link your card with PayPal and pay through PayPal.
Netflix is fine.

Hope this helps, happy to answer any other questions.

 

[Hangonaminute]

Thanks just signed up and waiting for them to process me. Appreciate the help!!

No problems, if you have any questions don’t hesitate to ask.

Apparently you have 5 days to use the code once you’re approved if it didn’t work from start.
Your account should be credited the $50 and be locked, once you stake 50 MCO the $50 will be yours.

So if you don’t see the $50 credited, you have to enter the code again within 5 days. 👍

 

[kratos]

@hangonaminute mate combank won't let me put any money on the app at all.

 

[Hangonaminute]

@hangonaminute mate combank won't let me put any money on the app at all.

That's strange because I've been sending money to an exchange for years from my CommBank account, (To Coinspot) but it also doesn't surprise me and is a reason why I'm done with banks, it's your money and you should be able to do whatever you want with it as far as I'm concerned.

My wife had the same problem with ANZ, blocked the transaction and froze her account. (Don't get me started 🤬)

The workaround we used was to send money to a "Spriggy" card (it's a visa debit card that our kids have that we put their pocket money on) then use the Spriggy card.
You can order one online.

When I started using crypto.com I already had a bunch of Crypto in Coinspot so I just sent it to my Crypto.com wallet so I didn't have this problem.
(that's the beauty of Crypto, no one can stop you from sending it wherever you want)

If the bank won't let you send your money where you want, who's money is it?
If it was yours, you should be able to send it wherever you want to.
So ask your bank "who's money is it?"
If they answer "yours"
say "well I'd like to send it to crypto.com please"
If they still deny you, say well I'd like to withdrawn MY money and close my account, I'll find somewhere else that will let me send MY money there.

Let me know how you go either way.

 

[Chainlink]

A great place to start buying crypto in Australia is Coinspot. It’s got a fiat on/off ramp and really easy to use. Fees are maybe a little higher than other places (usually 1% per buy) but worth it if you are just buying and holding. If anyone interested I could provide a referral code which I think gives you a little reward. And can help anyone set up. Just DM 🙂

 

[Geo]

Major US Twitter accounts hacked in Bitcoin scam

https://www.bbc.com/news/technology-53425822

Billionaires Elon Musk, Jeff Bezos and Bill Gates are among many prominent US figures targeted by hackers on Twitter in an apparent Bitcoin scam.

There are conflicting accounts of how much money the hackers have made and even when a figure is settled upon, it's important to remember that cyber-criminals are known to add their own funds into their Bitcoin wallets to make the scam seem more legitimate.

Either way, it's going to be very hard to catch the criminals by following the money. Law enforcement, as well as many angry users, will have some strong questions for Twitter about how this could have happened.

Safe huh..

 

[Hangonaminute]

Major US Twitter accounts hacked in Bitcoin scam

https://www.bbc.com/news/technology-53425822

Billionaires Elon Musk, Jeff Bezos and Bill Gates are among many prominent US figures targeted by hackers on Twitter in an apparent Bitcoin scam.

There are conflicting accounts of how much money the hackers have made and even when a figure is settled upon, it's important to remember that cyber-criminals are known to add their own funds into their Bitcoin wallets to make the scam seem more legitimate.

Either way, it's going to be very hard to catch the criminals by following the money. Law enforcement, as well as many angry users, will have some strong questions for Twitter about how this could have happened.

Safe huh..

Totally safe, this is a Twitter hack, not a Bitcoin hack.

This goes to show how valuable Bitcoin is, nobody goes to these lengths to get their hands on something that they don't think has value, the scammers and the scammed are desperate to get their hands on it.

Anyone dumb enough to send Bitcoin and expect to receive double back probably shouldn't be involved in Crypto anyway.

Scammers have been scamming people out of their dollars forever, it's amusing that because they've used Bitcoin on this occasion people want to see it as a Bitcoin problem.

Bitcoin has not been compromised, the people who got scammed sent Bitcoin of their own accord.

 

[Geo]

Bitcoin has not been compromised, the people who got scammed sent Bitcoin of their own accord.

Can they trace it and give it back..?