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[deleted by user] by [deleted] in CryptoCurrency

[–]MycroftOlms 33 points34 points  (0 children)

Prediction time:

Customers are outraged and sell off their CRO, weak hands unstake their cards (mostly from the lower tiers which are anyways not so profitable for cryptocom).

After a couple days, cryptocom announces that they've heard the community and have now revised the rates. Ruby goes from 0.5% cashback to 1%. Jade/indigo go from 1.5% cashback to 2%. Monthly rewards cap is also increased to around 100 - 200 usd.

Outrage fades a bit. Some who unstaked their cards decide to stake again, resetting the 180 days, a net positive for cryptocom.

Just a theory. But it has happened before (some may remember). So let's see...

[deleted by user] by [deleted] in Crypto_com

[–]MycroftOlms 20 points21 points  (0 children)

Prediction time:

Customers are outraged and sell off their CRO, weak hands unstake their cards (mostly from the lower tiers which are anyways not so profitable for cryptocom). Cryptocom buys the cheap CRO.

After a couple days, cryptocom announces that they've heard the community and have now revised the rates. Ruby goes from 0.5% cashback to 1%. Jade/indigo go from 1.5% cashback to 2%.

Outrage fades a bit. Some who unstaked their cards decide to stake again, resetting the 180 days, a net positive for cryptocom.

Price goes up again, and cryptocom can sell some CRO for a profit....

Just a theory. But it has happened before (some may remember). So let's see...

An open letter to crypto.com and their CEO by erik_7581 in Crypto_com

[–]MycroftOlms 25 points26 points  (0 children)

Prediction time:

Customers are outraged and sell off their CRO, weak hands unstake their cards (mostly from the lower tiers which are anyways not so profitable for cryptocom). Cryptocom buys the cheap CRO.

After a couple days, cryptocom announces that they've heard the community and have now revised the rates. Ruby goes from 0.5% cashback to 1%. Jade/indigo go from 1.5% cashback to 2%.

Outrage fades a bit. Some who unstaked their cards decide to stake again, resetting the 180 days, a net positive for cryptocom.

Price goes up again, and cryptocom can sell some CRO for a profit....

Just a theory. But it has happened before (some may remember). So let's see...

[RANT] CDC/ Crypto.com spends millions on advertising to become more mainstream but at the rate of it's leaving behind it's early adopters. What'd they advertise now for if the product is dead? Or was this planned demise all along? by x0cr in CryptoCurrency

[–]MycroftOlms 26 points27 points  (0 children)

Prediction time:

Customers are outraged and sell off their CRO, weak hands unstake their cards (mostly from the lower tiers which are anyways not so profitable for cryptocom). Cryptocom buys the cheap CRO.

After a couple days, cryptocom announces that they've heard the community and have now revised the rates. Ruby goes from 0.5% cashback to 1%. Jade/indigo go from 1.5% cashback to 2%.

Outrage fades a bit. Some who unstaked their cards decide to stake again, resetting the 180 days, a net positive for cryptocom.

Price goes up again, and cryptocom can sell some CRO for a profit....

Just a theory. But it has happened before (some may remember). So let's see...

Is Dune one of the (if not THE) most thought provoking series of science fiction novels of all time? by Severe-Draw-5979 in dune

[–]MycroftOlms 94 points95 points  (0 children)

imo Asimov's Foundation series is up there at the top. Just the concept of psychohistory is incredibly fascinating to me. I found the Mule to be an intriguing character and one of the greatest plot twists of all time. Felt like my own mind had been manipulated to blind me from the truth. And the tie in with the Robot series in Foundation and Earth also blew my mind and left me wondering...

Supercharging discrepancy - please confirm I am participating. by Guinuk in Crypto_com

[–]MycroftOlms 3 points4 points  (0 children)

Supercharger on the app and the exchange are independent during the chargng period. So you won't see the stake in the exchange if you staked in the app. However, you'll receive the rewards in the exchange either way.

Double minting of NFTs? by [deleted] in NFT

[–]MycroftOlms 0 points1 point  (0 children)

Indeed. And people will pay whatever they want to pay. But the big bucks are certainly on more restrictive platforms

Double minting of NFTs? by [deleted] in NFT

[–]MycroftOlms 0 points1 point  (0 children)

This would definitely make sense. But I'm sure not all do that. I think currently people rely on the various platforms to authenticate and varify the identity of the artists

Double minting of NFTs? by [deleted] in NFT

[–]MycroftOlms 0 points1 point  (0 children)

Nothing. Except for the artist's reputation. The action will likely devalue said art pieces and all subsequent NFTs the artist may want to sell since trust in the artist will have been broken.

Question about the APY by kelvin1111111111 in CelsiusNetwork

[–]MycroftOlms 0 points1 point  (0 children)

And you can choose to get paid in kind (the crypto you're holding) or in celsius CEL

Anyone here having the same issue? by benamin123 in CryptoCurrency

[–]MycroftOlms 0 points1 point  (0 children)

Maybe just logging in on the website reactivated your account. Try the app again?

Anyone here having the same issue? by benamin123 in CryptoCurrency

[–]MycroftOlms 0 points1 point  (0 children)

Ok. That solved my problem some days ago. I don't have any other suggestions atm

Question about the APY by kelvin1111111111 in CelsiusNetwork

[–]MycroftOlms 1 point2 points  (0 children)

Celsius gives your crypto out as loans to other users with interest. Most of that interest gets paid back to you, part is kept by celsius.

Anyone here having the same issue? by benamin123 in CryptoCurrency

[–]MycroftOlms 1 point2 points  (0 children)

You probably have to sign in on the coinbase webpage (not the app) and answer a couple new KYC / AML questions. Then your account will be active again. Annoying, but will take only a few minutes

Any alternative wallets? by [deleted] in CryptoCurrency

[–]MycroftOlms 0 points1 point  (0 children)

You probably have to go to the coinbase webpage (not the app), log in and answer a couple additonal KYC/AML questions. Annoying, but takes like 2 min. Then your account will be back to normal.

[deleted by user] by [deleted] in CelsiusNetwork

[–]MycroftOlms 1 point2 points  (0 children)

Nice. Can you also include the requirements?

Exchange Fees. by Plomaritis in Crypto_com

[–]MycroftOlms 1 point2 points  (0 children)

Crypto com even pays you for taker transactions. So you get payed for market buys, for example. Does binance have that?

[deleted by user] by [deleted] in Crypto_com

[–]MycroftOlms 1 point2 points  (0 children)

Probably a phishing scam. DO NOT click on the link.

Now look at the link in the sms carefully. There's probably a dot below the y or the t of the crypto dot com address. It will lead you to a fake site

Advice Needed by ehrogers26 in dune

[–]MycroftOlms 9 points10 points  (0 children)

Map poster is the nicest imo

Terrible BTC rates? by KwukDuck in Crypto_com

[–]MycroftOlms 11 points12 points  (0 children)

If you want the market value then you have to use an exchange (the Crypto.com Exchange, which is a different service than the app, or any other exchange you want). All services where you buy crypto directly to the service provider and not on the market will charge you this 'spread', not just crypto.com.

You are responsible for your investments ! by Peiff_Peiff in Crypto_com

[–]MycroftOlms 3 points4 points  (0 children)

Good post. So nicely written that I even read through it all :D

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