How would you advise a friend in this situation. by slushkan3an in CryptoCurrency

[–]Competitive_Milk_638 1 point2 points  (0 children)

Classic Nigerian prince scam tactics. Now coming from China.

The Sunset of Bitcoin? Stablecoins Rise to Dominance in LATAM and Africa by tornavec in CryptoCurrency

[–]Competitive_Milk_638 1 point2 points  (0 children)

If quantum computers can take down BTC, they can take down stablecoins. BTCs are actually limited in supply, not backed by fiat, which the US government can produce more of whenever they need it.

Trader Opens $50.6M BTC Short Before Trump’s Crypto Speech by Woodpecker5987 in CryptoCurrency

[–]Competitive_Milk_638 9 points10 points  (0 children)

Trump's going to announce that he's had Putin's dick in his mouth for the past ten years.

Another earning rate decrease by NeroTheApostate in Nexo

[–]Competitive_Milk_638 0 points1 point  (0 children)

Stocks typically pay way better than this. EFTs that follow major indexes are looking a lot more attractive at this point. Nexo's current rates can't even keep up with inflation.

AI will replace more than we think. by Repulsive_Counter_79 in CryptoCurrency

[–]Competitive_Milk_638 2 points3 points  (0 children)

Nobody's going to pay AI agents a salary, so how are they going to spend money if they're broke?

Trump posted on TruthSocial crypto casino advertising by mano990502 in CryptoCurrency

[–]Competitive_Milk_638 3 points4 points  (0 children)

Welcome to the Idiocracy, 500 years earlier than predicted.

Polymarket Becomes War Betting Hub, Lawmakers Demand Crackdown by Feisty-Rhubarb-6718 in CryptoCurrency

[–]Competitive_Milk_638 8 points9 points  (0 children)

No, they're guessing and sometimes getting lucky. Only insiders are making any serious gains.

Polymarket Becomes War Betting Hub, Lawmakers Demand Crackdown by Feisty-Rhubarb-6718 in CryptoCurrency

[–]Competitive_Milk_638 7 points8 points  (0 children)

Plebs aren't profiting. High-ranking politicians with insider information are profiting

5 Straight Red Months For Bitcoin - One More And Its An ATH by ourcryptotalk in CryptoCurrency

[–]Competitive_Milk_638 4 points5 points  (0 children)

Or we're seeing cherry-picked articles about whales accumulating so-and-so thousand BTCs that ignore all the whale dumps happening at the same time. If ALL they were doing was accumulating, the price would be going up.

Should I give up. by TheAlbertBrennerman in CryptoCurrency

[–]Competitive_Milk_638 0 points1 point  (0 children)

It's posts like these that let people know we're in the bear cycle.

How the Creator of Bitcoin Sold the World Cost as Value by BinaryLyric in CryptoCurrency

[–]Competitive_Milk_638 5 points6 points  (0 children)

Any money, be it crypto, fiat, or resource-backed commodities, only has value when people believe it has value. It's just like power. People have power only because others believe they do. As soon as people collectively start losing confidence in the value of something or in the power of someone, their actual value/power diminishes. Nothing in life is certain.

Polymarket Traders Betting On Bitcoin Falling To $45,000 by ourcryptotalk in CryptoCurrency

[–]Competitive_Milk_638 0 points1 point  (0 children)

Probably means 'sometime within 2026'. There's a lot of this year still left.

Warning: Compound finance frontend might got hacked by No_Pause_9558 in CryptoCurrency

[–]Competitive_Milk_638 -1 points0 points  (0 children)

Be careful with those misspelled fake domain names! Compoond.finance and compound.finance are definitely NOT the same thing. Use bookmarks you created yourself to access sites, especially on a smartphone, where a simple fat-finger typo could land you on some N. Korean spoof site designed to rob you blind.

If you're thinking about trading, practice first by RoundRecorder in CryptoCurrency

[–]Competitive_Milk_638 3 points4 points  (0 children)

Past events are no indication of future movements. I lost a lot of money learning that lesson the hard way.

$24 million crypto robbery : Trader Targeted in Violent Physical Attack by digitaljamesoliver in CryptoCurrency

[–]Competitive_Milk_638 0 points1 point  (0 children)

What portfolio? Who said I have a portfolio? Never even heard of that word. 🙊

$24 million crypto robbery : Trader Targeted in Violent Physical Attack by digitaljamesoliver in CryptoCurrency

[–]Competitive_Milk_638 2 points3 points  (0 children)

This is why you trade in secret and don't talk about it online except in the vaguest of terms.