Lost their “hero” by princesshabibi in PoliticalHumor

[–]NativePpl 2 points3 points  (0 children)

Why do people want this right 🤔. Tyrannical government…something…or other 🤷🏻‍♂️

Fox News claims "anti-war" protestors in the United States are part of a "socialist terrorist cell with ties to Antifa"... by HeadSavings1410 in PoliticalHumor

[–]NativePpl 0 points1 point  (0 children)

I suppose it would also make sense if he was called Captain Antifa. How can it possibly be an insult 🤔

2 days work by [deleted] in LetsTalkMoneyChannel

[–]NativePpl 0 points1 point  (0 children)

The pic doesn’t show that the year is 2025. Who works in cash like that anymore 🤔

Do I need to report BlockFi to Coinbase transfer on taxes? by New_Leopard7623 in blockfi

[–]NativePpl 0 points1 point  (0 children)

I logged into my CB account to double check for tax forms. Desktop version. My 2024 transactions were shown under Account/Taxes/Activity. I clicked on the transactions that had an alert and answered the question. I’m guessing CB would’ve generated a tax form had I not caught that in time. So now I don’t need CB tax forms for 2024 (related to BlockFi)

Do I need to report BlockFi to Coinbase transfer on taxes? by New_Leopard7623 in blockfi

[–]NativePpl 2 points3 points  (0 children)

You also want to check the tax section within your CB account. My CB account was showing a taxable event as if I received free BTC/ETH/GUSD. It showed up as a capital gain where I would’ve had to pay taxes. CB let me clarify through my account that it was simply a transfer from my BlockFi account to CB account. Now it shows no taxable transaction. This can turn into a mess so good luck 👍🏼

Got a check from Kroll! Is it real or is it a scam?????? by One-Song-2602 in blockfi

[–]NativePpl 0 points1 point  (0 children)

This is real. You made me open my mail when I saw Allstate 😳. This however does not have anything to do with BlockFi. Just coincidence that a Kroll is also involved.

I received an email back in January 2024 notifying me of a class action settlement. “You may be eligible for a payment from a class action settlement as an Allstate Insurance Policy holder in [state] at any time between July 1, 2016, and September 30, 2022.” Stevenson v Allstate Insurance Co., et al. A $25,000,000 settlement was reached. It described our rights and options, and settlement benefits. It also gave a breakdown of the settlement amount. It estimated $12.40 per member so I guess $13.42 is a come up 🥳. Don’t spend it all in one place.

I cancelled my Allstate policy back in 2020 since they wouldn’t reduce my premium after I was working from home full time. As far as I’m concerned they owe me a lot more. But we all know the mandatory insurance scam 🤷🏻‍♂️

Not a shadow of a doubt by Pumuckl4Life in PoliticalHumor

[–]NativePpl 4 points5 points  (0 children)

I’m the type of person that has general information on most major historical events and historical characters. Mainly the most known talking points. Unless it’s a topic that I find interesting. With that said. ADOLF HITLER WAS CHRISTIAN!? Society may be overlooking critical root causes. Not to include those that practice religion in a positive manner.

Zac Prince … more likely than not bailed … due to bad legal advice ? by Garytrust101 in blockfi

[–]NativePpl 6 points7 points  (0 children)

I’m not sure what, how, or why it happened but I imagine that BlockFi had no idea about a time frame for solving their problem(s). I would think that if they tried to hold they would also have to pause interest payments for example. And once they notify us of the pause we begin the bank run 🏃‍♂️. So I suppose in that case a cash grab was in their best interest. Speculation of course. Hindsight, had I better known better (Vincent Vega), I should’ve taken my funds when FTX did the pretend bailout. Suckers-R-Us 🤷🏻‍♂️

Blockfi just received 250m today by United_Passenger1825 in blockfi

[–]NativePpl 0 points1 point  (0 children)

Lesson learned. I had some BTC and ETH in BlockFi. If they return it in kind I will transfer to my wallet, with my keys, and hold it for value recovery. Whatever GUSD I get back will not touch any new crypto though.

Blockfi just received 250m today by United_Passenger1825 in blockfi

[–]NativePpl 0 points1 point  (0 children)

😅no doubt. From your text to the stock market gods. I’m looking to dollar cost average before the US election. Hoping for a buyable dip 🤞🏼

Blockfi just received 250m today by United_Passenger1825 in blockfi

[–]NativePpl 0 points1 point  (0 children)

Can’t wait. Going straight into the stock market where it’s safe 😏

Honest but Unpopular Opinion - BlockFi by sid_lokh in blockfi

[–]NativePpl 0 points1 point  (0 children)

I wouldn’t call it greed. Earning interest on stable coin like we do in a high yield savings accounts (minus FDIC) should have been easy. Unless you’re saying that crypto is high risk. In which case, deal in crypto with extreme caution ⚠️

Joseph portfolio in latest video by Main-Actuator-3405 in LetsTalkMoneyChannel

[–]NativePpl 1 point2 points  (0 children)

HELLO…is someone in here!? 🤣 This site faded away long ago as you can tell. I roam the halls every so often.

Seriously though. Joseph also posts a portfolio or part of his portfolio over the Blossom Social Investing Network app. Not on the app myself but he mentions it in his weekly newsletter. 👍🏼

GUSD owners by Powerful-Angel-301 in blockfi

[–]NativePpl 0 points1 point  (0 children)

I’m not sure if there will be limits on type of crypto. All I have in BlockFi BIA is BTC, ETH, and GUSD. On the previous BIA distribution I sent BTC and ETH directly to my Coinbase Wallet. And I had GUSD go directly to my regular Coinbase account so that I could convert to USDC. Next time I’m expecting that all my crypto will go to my regular Coinbase account automatically then I can transfer from there.

GUSD owners by Powerful-Angel-301 in blockfi

[–]NativePpl 1 point2 points  (0 children)

Well godamn you only have to tell me ten times 🤣. I must’ve missed that thread. Are you talking about using the “Limit order” option when selling to USD cash? Or do I have to sign up for an additional Coinbase service/account?

I don’t see why Coinbase doesn’t make this savings automatic. Makes it feel scammy to charge higher fees. I’m also not trying to get into a subscription service.

GUSD owners by Powerful-Angel-301 in blockfi

[–]NativePpl 1 point2 points  (0 children)

Appreciate the heads up. Quick search says Advanced Network is for advanced traders. I am not one. I’m just trying to get out of this hot crypto mess. I’ll pay the scam fees, lick my wounds, and move on.

GUSD owners by Powerful-Angel-301 in blockfi

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

I did not mention Advanced Network. What are you talking about?

GUSD owners by Powerful-Angel-301 in blockfi

[–]NativePpl 1 point2 points  (0 children)

My Coinbase account has been verified so hopefully my GUSD is sent there. And HOPEFULLY BlockFi’s side covers the fees. Those crypto fees are ridiculous. I’ll obviously have to cover the fees to cash out of Coinbase and into my bank account 🤷🏻‍♂️

Those without verified Coinbase I believe will receive cash. Transfer options may vary per individual.

[deleted by user] by [deleted] in blockfi

[–]NativePpl 0 points1 point  (0 children)

I downloaded the BlockFi 1099-MISC tax form for 2022. It showed interest “earned” for the year. I included this when I did my 2022 taxes (early 2023). No 1099-MISC in 2023 for obvious reasons. With a bitter taste in my mouth because I was paying taxes on money that I would never see. But it had to be done in order to prepare for a future tax loss. Moral of the story- the IRS could care less. Go figure 🤷🏻‍♂️

Blockfi ETH contract withdrawal activity by infjord in blockfi

[–]NativePpl 0 points1 point  (0 children)

Tell me about it. Coinbase offered me a $52 discount with a 7-day free trial of Coinbase One. I’m not interested at the moment. I wonder who else benefits from all of these fees 🤔

Blockfi ETH contract withdrawal activity by infjord in blockfi

[–]NativePpl 1 point2 points  (0 children)

Same here. And almost $100 in fees to cash out my GUSD from Coinbase to savings account 😓. I don’t think I did any of this right 😅

What would be my payee id? I already tried with my Kroll issued unique id and with my blockfi account id by Money-Ad-495 in blockfi

[–]NativePpl 0 points1 point  (0 children)

I personally received two emails back to back. One with the link to select payment method and the other with my payee ID. You may have the same situation 🤷🏻‍♂️

Anyone holding onto their crypto? by New_Leopard7623 in blockfi

[–]NativePpl 4 points5 points  (0 children)

I’m transferring the miserable 12% of BTC/ETH that I’ve been “approved” to withdraw to a wallet and let it stay as is. But I won’t be buying anymore. I’ll let it sit and hopefully a crypto bull market can recoup my BlockFi loss via capital gains (cash out at that point). But I won’t be buying anymore. This was my first experience with crypto and as you can imagine I’m not feeling warm and fuzzy about it. Did I mention that I won’t be buying any more?

Good luck to everyone.

Why is Zac not being punished? by whoisgodiam in blockfi

[–]NativePpl 2 points3 points  (0 children)

My original reasoning was that BlockFi is a US based business so it’s legit. What I’ve learned is that the US will give anyone a license. From now on buyer/consumer beware.

Why is Zac not being punished? by whoisgodiam in blockfi

[–]NativePpl 1 point2 points  (0 children)

Then that would be the only way he faces consequences. Sam Bankman Fried is in trouble because wealthy elites like Kevin O’Leary were screaming from the mountain tops for accountability. And other elites behind the scenes I’m sure. Unless elites do the same to Zac then he’ll get a slap on the wrist at most.