This will be short and I didn’t proof-read it so I’m sorry in advance for the plentiful errors. Before I start, want to make the proper disclosures. Firstly, none of this is financial advice, because I’m not qualified to give financial advice, in fact I’m not really qualified to do anything. They are my personal thoughts, not those of my employer, because I do not have an employer — likely due to my lack of qualifications.
So at a 90% of price discount, if you are willing to hold eth long term, you can buy eth now, swap for Seth and still be in profit if eth drops to around $1300. This bear market seems to still be in the infant stages so we will probably see lower eth prices then that over the next couple months.
Best play is probably waiting for further arb or lower eth prices before buying in.
"Of course, protocols have also been audited extensively too — but am sure the defi exploit of audited protocol ptsd is as strong with you as it is with me."
Can you go over your life in music? Influences, favourites, what got you into playing, what made you stop? What gear did you use? Would you have stayed with it if you found musical kindred spirits or whatever?
I work at olive garden as a line cook and my gf and I are about to have my first baby yayyyy it's a girl.. I've lost a lot of money but but maybe I'll get it all back then some for my family ..that is my goal
hey cobie...if u read this pls i need you have a good heart...need help for my son..would mean the world to us...love reading your thoughts on the space.
hey cobie...if u read this pls i need you have a good heart...need help for my son..would mean the world to us...love reading your thoughts on the space.
I've only just started following you on Twitter and see that you are doing a great job of telling the truth about Coinbase's listing process. We need more people like you in the crypto industry who are honest.
I would like to tell you more dubious practices of Coinbase. When Coinbase customers make a mistake by sending unsupported crypto tokens (crypto tokens which are not listed on Coinbase) to their Coinbase account, Coinbase will not return these tokens. A mistake can happen quickly. For example, many customers send $WETH obtained from an NFT sale to Coinbase's $ETH address. Also, many customers use the wrong network, such as BEP20 instead of ERC-20.
I myself made the mistake of sending $35090 in $HUSD (ERC-20) via gate.io to Coinbase's $USDC (ERC-20) address. I simply hadn't looked closely, very stupid. What is curious is that Coinbase is the ONLY exchange without an unsupported crypto recovery service. All other exchanges like FTX, Huobi, Binance, Gate.io, Kucoin and more DO have unsupported crypto recovery services.
Benzinga recently wrote an article about these dubious practices. In fact, one customer has more than $200,000 worth of $WETH tied up in their Coinbase account, and Coinbase is refusing to help. You can read the article here:
Since you have a large following via your Twitter account and I really appreciate your work, I would like to ask you to make these abuses at Coinbase public as well. This would help me and hundreds (or thousands) of customers immensely. Millions of dollars in unsupported crypto tokens are tied up with Coinbase and Coinbase is the ONLY exchange doing NOTHING about it.
I would love to hear from you as well as anyone who is a victim of these Coinbase practices. I thank you in advance and wish you all the best with your work in the crypto industry.
In the event of a forced liquidation for Celsius, do you think we would be offered to take on their stETH "debt" instead ? What I mean is, if I'm due 500$ from Celsius, they could offer me 500$ worth of stETH.. better for us to hold on to stETH than nothing. Just a thought.
pls letter to 18 year old self next :)
So at a 90% of price discount, if you are willing to hold eth long term, you can buy eth now, swap for Seth and still be in profit if eth drops to around $1300. This bear market seems to still be in the infant stages so we will probably see lower eth prices then that over the next couple months.
Best play is probably waiting for further arb or lower eth prices before buying in.
Another great article, thanks cob
ETH to stETH taxable event in USA?
Did you win the LoL? Also why don't you play runescape - like real men?
"Of course, protocols have also been audited extensively too — but am sure the defi exploit of audited protocol ptsd is as strong with you as it is with me."
ptsd indeed. https://cryptosec.info/defi-hacks/
Can you go over your life in music? Influences, favourites, what got you into playing, what made you stop? What gear did you use? Would you have stayed with it if you found musical kindred spirits or whatever?
the stETH is redeemable for 1 ETH plus staking rewards accrued though right? or am I thinking about this wrong, is it based off an index or nah?
Another future article idea, maybe something around how/when you determine to take profit in crypto?
Hey cobie I saw your support to atozy. Nice. Would you support me as well?
I work at olive garden as a line cook and my gf and I are about to have my first baby yayyyy it's a girl.. I've lost a lot of money but but maybe I'll get it all back then some for my family ..that is my goal
hey cobie...if u read this pls i need you have a good heart...need help for my son..would mean the world to us...love reading your thoughts on the space.
https://fundly.com/ayuda-para-jano-jano-needs-help
BTC address 3AZ46jpgCPKYgAYnFB76L7VdaNc9iCGSJj
hey cobie...if u read this pls i need you have a good heart...need help for my son..would mean the world to us...love reading your thoughts on the space.
https://fundly.com/ayuda-para-jano-jano-needs-help
BTC address 3AZ46jpgCPKYgAYnFB76L7VdaNc9iCGSJj
I've only just started following you on Twitter and see that you are doing a great job of telling the truth about Coinbase's listing process. We need more people like you in the crypto industry who are honest.
I would like to tell you more dubious practices of Coinbase. When Coinbase customers make a mistake by sending unsupported crypto tokens (crypto tokens which are not listed on Coinbase) to their Coinbase account, Coinbase will not return these tokens. A mistake can happen quickly. For example, many customers send $WETH obtained from an NFT sale to Coinbase's $ETH address. Also, many customers use the wrong network, such as BEP20 instead of ERC-20.
I myself made the mistake of sending $35090 in $HUSD (ERC-20) via gate.io to Coinbase's $USDC (ERC-20) address. I simply hadn't looked closely, very stupid. What is curious is that Coinbase is the ONLY exchange without an unsupported crypto recovery service. All other exchanges like FTX, Huobi, Binance, Gate.io, Kucoin and more DO have unsupported crypto recovery services.
See my $HUSD transaction on etherscan: https://etherscan.io/tx/0x12a231dc8801724334895452f41dce8cb621d2db584c969bbe3c7fa6b9efa78d
Benzinga recently wrote an article about these dubious practices. In fact, one customer has more than $200,000 worth of $WETH tied up in their Coinbase account, and Coinbase is refusing to help. You can read the article here:
https://www.benzinga.com/markets/cryptocurrency/22/05/27481158/exclusive-coinbase-refuses-to-return-user-funds-claims-security-concerns
Information about the unsupported crypto recovery process of other major exchanges can be read here:
https://tikitorture.substack.com/p/ftx-extortion-vs-coinbase-support?r=1m6htw&s=w&utm_campaign=post&utm_medium=web
Since you have a large following via your Twitter account and I really appreciate your work, I would like to ask you to make these abuses at Coinbase public as well. This would help me and hundreds (or thousands) of customers immensely. Millions of dollars in unsupported crypto tokens are tied up with Coinbase and Coinbase is the ONLY exchange doing NOTHING about it.
I would love to hear from you as well as anyone who is a victim of these Coinbase practices. I thank you in advance and wish you all the best with your work in the crypto industry.
In the event of a forced liquidation for Celsius, do you think we would be offered to take on their stETH "debt" instead ? What I mean is, if I'm due 500$ from Celsius, they could offer me 500$ worth of stETH.. better for us to hold on to stETH than nothing. Just a thought.
Nicely written, good insights & explanations. Thx!