1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

GoldenGlove

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And dirt cheap fees
But they make you wait days before sending it to another exchange for a coin that isn't on Coinbase, and they don't let you link your PayPal account to it like the regular CB app
:unimpressed:
 

Xyrax

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Yep, After that 2017 run up bitcoin crashes back to $3,000 at one point, and Ethereum got as low as $80 a coin....

Another large 80+% retraction will happen. Eventually. I think that will be the last time folks will have a chance to really turn a small reasonable amount of money (Probably 10k ish) into a crazy multiple. After that all the future retractions will be higher and higher price floors that will make it harder to get in.
 

Youngdev

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Do hackers hit coinbase often? My chic just called me said someone went in her account converted everything to bitcoin and sent it somewhere . It was only like 70bucks. I just did a little research and it’s looking like that 70 gone forever, she deleted the account her bank account info and all that
 

satireprod

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so is the consensus that the bullrun is over until the halving? :ohhh: We planning on tucking our whole summer in?:lupe:

Or is it a case where we are DCA'ing on some our long term investments for the long haul?
 

Threnody

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people sound dour in here but when I look at the price it's not that bad
granted I'm comparing it to the last 2 years

Yeah I haven't put major paper into crypto since feb and this is like a normal day for me :yeshrug:this shyt would have to go to March 2020 levels for me to be fukked up
 

Xyrax

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Do hackers hit coinbase often? My chic just called me said someone went in her account converted everything to bitcoin and sent it somewhere . It was only like 70bucks. I just did a little research and it’s looking like that 70 gone forever, she deleted the account her bank account info and all that

This should be impossible. Coinbase has 2 factor authentication options. With that on it should be impossible for someone to get into your account without somehow having your login password AND your authenticator/physical phone with them.

Without that enabled though its definitely possible. Especially if she used the same user and pass for coinbase that she has used on other sites before (which is super common). Some other site might get hacked, and people will take the hacked user id and passes straight to any financial site to see if the user/pass combos work, and crypto would be stop #1.
 

ReasonableMatic

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We still bullish ?
BTC :sas1:
6-E9135-E8-AF0-A-4-C67-9-F7-C-8570006-FEFD3.jpg


Stop fukkin PLAYIN with me!!!
0403606be61ad45bc52149be02444d42.png


If you look at the RSI trend line, every single bullmarket started from here.
3020043-D-62-EF-4650-97-D7-D026-C4934-EA8.jpg


This looks like a bullish divergence to ME.
2-BB147-AF-5-C81-44-F9-9-A72-1831-F6-F529-D2.jpg


Anyone that can’t afford to stay in the game needs to get out.

Me PERSONALLY, I’m sliding.
 
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5010

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For the new blood, China FUD happens every cycle. Here's China effectively banning Bitcoin in 2013.

Bitcoin Bubble Bursts as China Cracks Down on Digital Currency

12.18.2013 10:12 AM

BITCOIN PRICES TOOK a big hit on Wednesday after China's regulators ordered the country's payment processors to stop doing business with the country's Bitcoin exchanges.

BTC-China, the world's biggest Bitcoin exchange, said it would no longer take deposits in Yuan, effectively putting an end to the exchange's pipeline of new Bitcoin buyers.

Bitcoin, the world's most popular digital currency, which had been trading at about $700 on worldwide exchanges, dropped 35 percent to around $450 on the news. But then it did gain back some of that ground. At press time, bitcoins were trading at $575. That's about half what a bitcoin was trading at two weeks ago.

China's central bank met with payment processors on Monday, ordering them to "stop giving clearing services to bitcoin, litecoin, and other cryptocurrency exchanges," the South China Morning Post reported on Wednesday, citing the financial news site Yicai. The payment processors were told to sever their relationships with Bitcoin exchanges by the end of January, the Post said.


Bobby Lee, the CEO of BTC-China, couldn't immediately be reached for comment.

In early December, China cast a leery eye at Bitcoin, saying it wasn't a currency and banning banks from working with Bitcoin companies. Wednesday's move is a further attempt to rein in the digital currency.

Trading bitcoins in China isn't illegal. But without a path to pay cash to Bitcoin exchanges, buyers now have to meet face-to-face to acquire bitcoins. "Without exchanges it seems the only way to buy right now is to go through individuals," says Jake Smith -- a Beijing-based Bitcoin trader, speaking via instant message. And that, he said, is a matter of "mostly just knowing the right people."

There are websites that help facilitate this type of transaction. Localbitcoins.com is the most popular here in the U.S., but at this point, there is no Chinese language equivalent of that site, Smith says.

As you can see Bitcoin never recovered from this. :mjcry:

Other things that are banned in China... Google, Facebook, YouTube, Wikipedia, Pornhub, Netflix... All things you've probably never heard of.

Buy the dip.

Welcome to crypto.
 

Youngdev

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This should be impossible. Coinbase has 2 factor authentication options. With that on it should be impossible for someone to get into your account without somehow having your login password AND your authenticator/physical phone with them.

Without that enabled though its definitely possible. Especially if she used the same user and pass for coinbase that she has used on other sites before (which is super common). Some other site might get hacked, and people will take the hacked user id and passes straight to any financial site to see if the user/pass combos work, and crypto would be stop #1.




I just got off the phone with her she talking bout someone sent her a text and it looked like the same one coin base sent and she clicked a link and logged in the browser

:dwillhuh:



Man :camby:get off my phone yo
 
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