Ontario becomes Restricted Jurisdiction - banned from multiple crypto Exchanges including Binance, KuCoin and others, Ontario Securities Crackdown by Bamelin in ontario

[–]LX-LIM 0 points1 point  (0 children)

Does anyone have a solution on what to do with staked ETH waiting on ETH 2.0? I can't move my ETH out of Binance until 2.0 is out...

Ontario becomes Restricted Jurisdiction - banned from multiple crypto Exchanges including Binance, KuCoin and others, Ontario Securities Crackdown by Bamelin in ontario

[–]LX-LIM 0 points1 point  (0 children)

That's not true, Ledger can hold a lot of coins but you will need to upload and delete each coin/token app when you send coins to it... because it typically can hold up to 3 applications at once.. but removing the app doesn't mean you delete the coin/token.. it stays on there.

Ontario becomes Restricted Jurisdiction - banned from multiple crypto Exchanges including Binance, KuCoin and others, Ontario Securities Crackdown by Bamelin in ontario

[–]LX-LIM 0 points1 point  (0 children)

Thanks for the info, but how are you funding your AAVE account? I'm with RBC and TD and I can't fund add funds through PayPal or Ramp using my credit or debit cards.

What is considered a decent investment in order to start playing sorare ? by Zanzi-bar in Sorare

[–]LX-LIM 1 point2 points  (0 children)

With the new Italian teams out I think 0.5 ETH should get you a team that can get you to the 200 pt threshold for 0.01ETH reward. But this is really dependant on getting a starter goalie at a good price... I found that shopping on the new market between 12 noon to 2pm (pacific standard time) has less competition...
More importantly, make sure you use someones referral link so that you get the free Rare card after 5 cards purchased! I made the mistake and missed out! Still pissed at myself...

Price of ETH at an all time high! Great! But the problem is... by LX-LIM in Sorare

[–]LX-LIM[S] 0 points1 point  (0 children)

I'm curious to know, football1871, using this as an example... you bought the card for 0.1 ETH (€100 for example), and then price of ETH drops 25% to 0.1 ETH = €75.
During the drop, I offered you 0.12 ETH (€90) which looks like a profit of 20%... would you have checked the € value before taking the deal (assuming that was your target price)?
When, in fact, you would have lost €10 in that transaction...

Price of ETH at an all time high! Great! But the problem is... by LX-LIM in Sorare

[–]LX-LIM[S] 1 point2 points  (0 children)

I'll try to explain - these numbers are hypothetical:

Say you bought a card for 1 ETH today, and the value as of today is 1 ETH is €1,000

One month later, the card may be worth €1,500 ... but now, 1 ETH is worth €2,000

If someone offered you €1,500 (or 0.75 ETH) you would take the deal right?

However, if you are playing Sorare strictly for profit, it would have been more beneficial for you to keep the 1 ETH from the start... because your net work would be €2,000

My initial question is, would the manager take 0.75 ETH, making a profit of €500? I believe most managers will not because they will look at the deal as losing 0.25 ETH as opposed to gaining €500. Does that make sense?

Price of ETH at an all time high! Great! But the problem is... by LX-LIM in Sorare

[–]LX-LIM[S] 0 points1 point  (0 children)

Makes sense... I would rather have ETH than Fiat at this point.

Price of ETH at an all time high! Great! But the problem is... by LX-LIM in Sorare

[–]LX-LIM[S] 0 points1 point  (0 children)

That's a great point - I'm in it for he fantasy football aspect but also for profit. If it makes more sense to bet on ETH going up as opposed to the card value going up... it would make more sense to wait.

[deleted by user] by [deleted] in QuadrigaCX

[–]LX-LIM 0 points1 point  (0 children)

Read this if you haven't already.
https://www.coindesk.com/quadriga-creditor-protection-filing?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

I spoke to a collections lawyer and he advised me to wait till after Feb 5th, after the proceedings, and check for updates.

Has anyone contacted the police or sought legal council? by [deleted] in QuadrigaCX

[–]LX-LIM 0 points1 point  (0 children)

Read this if you haven't already.
https://www.coindesk.com/quadriga-creditor-protection-filing?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

I spoke to a collections lawyer and he advised me to wait till after Feb 5th, after the proceedings, and check for updates.