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02-07-2022 , 11:03 AM
Good thing Odell is a long term hodler.

Also, those figures are wrong, since Odell would have received the after-tax sum in BTC. The full $750k didn’t go in. Nor did he receive the full contract payout on the day he signed it and declared he wanted to be paid in BTC.

Plus, that was just the base. He also had other incentives, including playoffs, and considering they are in the SB I’m guessing he unlocked quite a bit.

I found the article where the info was pulled. It’s pretty lol except for the fact of Odell said he’s giving back $1 mil in BTC to his followers, so that’s pretty cool.

Darren Rovell is also an idiot.

https://firstsportz.com/nfl-bad-inve...-plummets/?amp
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02-07-2022 , 11:03 AM
Quote:
Originally Posted by 27offsuit
Looks like this glitch was fixed and was only exploitable if the hacker had the physical device in hand. Per Trezor’s comment on that video.

It will be interesting how storing options continue to evolve with bitcoin.
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02-07-2022 , 01:00 PM
This thread always makes me think of $44k
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02-07-2022 , 06:09 PM
Quote:
Originally Posted by SJCX
It's possibly already been posted:

On November 12, Odell Beckham Jr. signed a deal with the Rams worth $750,000. He announced he would take that in Bitcoin,” reports the outlet. “At the time, Bitcoin was worth $64,293. Today, it is worth $35,400. Today, that deal is worth $412,953. Odell will be taxed on $750,000. Federal & CA state tax will be 50.3% That means Odell, as of now, has netted $35,703 from the Rams contract this year.”

Trevor Lawrence(Jags 1st round QB) also put his signing bonus(24 mill) into Bitcoin at around 60K.
they are paid weekly so if he were paid in btc then it'd be dcaing

but most likely he just bought it himself with usd checks
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02-08-2022 , 02:28 PM
Hey guys,

Not sure whether I should post this on a different thread, but wanted your opinion on what you consider the safest Platforms for stable coin yield. I have ~300k that I want to distribute across: anchor, Celsius, nexo, and Gemini. I figure distributing the $ in this way is safer than parking it all in one place. I’m open to any other susggestions, but my major question is: how risky do you think this strategy is? Any best practices I should keep in mind?
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02-08-2022 , 02:39 PM
This may have been asked before but I can't remember. When the US government seizes bitcoin, how do they get the keys?
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02-08-2022 , 03:35 PM
Quote:
Originally Posted by Didace
This may have been asked before but I can't remember. When the US government seizes bitcoin, how do they get the keys?
Can you clarify this Q? They can get the keys in myriad of ways.
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02-08-2022 , 04:11 PM


Woman arrested today for 2016 bitfinex hack of ~120,000 btc. They got caught trying to mint some copycat bored ape nft.
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02-08-2022 , 04:20 PM
Exactly what the CIA wants you to think.
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02-08-2022 , 04:29 PM
They stole 120,000 coins.

Assuming the owners get their coins back it should work out great. Essentially a forced hodl from 2016.
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02-08-2022 , 04:51 PM

Last edited by hansmolman; 02-08-2022 at 05:12 PM. Reason: Photoshopped. Still funny
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02-08-2022 , 05:19 PM
Quote:
Originally Posted by CoolTimer
Can you clarify this Q? They can get the keys in myriad of ways.
Are you saying that bitcoin is not secure?
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02-08-2022 , 05:20 PM
Quote:
Originally Posted by AtticusFish
Hey guys,

Not sure whether I should post this on a different thread, but wanted your opinion on what you consider the safest Platforms for stable coin yield. I have ~300k that I want to distribute across: anchor, Celsius, nexo, and Gemini. I figure distributing the $ in this way is safer than parking it all in one place. IÂ’m open to any other susggestions, but my major question is: how risky do you think this strategy is? Any best practices I should keep in mind?
Anchor is a DeFi platform, so that's going to be riskier than the CeFi platforms you mentioned. I consider the major CeFi platforms to be very safe, though I'm not qualified to rank them on safety. I have accounts with BlockFi, Nexo, and Celsius, though there are many others in this space (e.g., Voyager, FTX, Gemini, Crypto.com, LEDN, and YouHodler).

As for best practices, some of them will offer higher interest rates if you allow interest to be paid in their proprietary token (e.g., NEXO or CEL) or if you simply own some of their proprietary token. This might make sense in a bull market when those tokens are rising in value, but in a volatile market, those proprietary tokens could lose value very quickly, so I avoid them.

And look for deposit bonuses, for example https://celsius.network/promo-codes.

The last time I checked (a few months ago), the stablecoin interest rates were mostly in the range of 8% to 12%, though some platforms had thresholds above which the rate was slightly lower. So it makes sense to divide your holdings among several platforms to maximize your interest rates as well as minimize your risk.

You can find more opinions here: https://www.reddit.com/r/blockfi/com...erest_bearing/

Good luck.
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02-08-2022 , 05:28 PM
Thanks a lot for the informative and detailed response. Much appreciated.
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02-08-2022 , 07:14 PM
Quote:
Originally Posted by Didace
Are you saying that bitcoin is not secure?
Why are you twisting my words, happened in the other thread as well? That's obv not what I'm saying. I still don't understand your Q.
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02-08-2022 , 07:47 PM
https://www.coindesk.com/policy/2022...bitfinex-hack/

I was on Bitfinex when the hack took place. I had no BTC but Bitfinex took 36% of my ETH as to "socialize" the loss among all users. They replaced it with **** BFX tokens trading at 30 cents on the dollar. Meanwhile, crypto skyrocketed and I was left with some half worthless BFX token instead of making massive gains on the big runup. So now they claim if they get the BTC back they are going to use it to buy LEO token. How the **** is that possible? It should go back to the people who they ****ing took it from in the first place.
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02-08-2022 , 10:18 PM
yeah i read that, totally ****ed
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02-08-2022 , 11:06 PM
The Heather rap videos are hilarious. This timeline is so good. There's gotta be much more to the story. Those people aren't the hackers. They weren't even charged for the hacking. Just money laundering. Wonder how they get the keys and why the f the private keys were stored in an online account. They'd previously written about security practices. Something doesn't add up.
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02-08-2022 , 11:15 PM
Quote:
Originally Posted by agamblerthen
Anchor is a DeFi platform, so that's going to be riskier than the CeFi platforms you mentioned. I consider the major CeFi platforms to be very safe, though I'm not qualified to rank them on safety. I have accounts with BlockFi, Nexo, and Celsius, though there are many others in this space (e.g., Voyager, FTX, Gemini, Crypto.com, LEDN, and YouHodler).

As for best practices, some of them will offer higher interest rates if you allow interest to be paid in their proprietary token (e.g., NEXO or CEL) or if you simply own some of their proprietary token. This might make sense in a bull market when those tokens are rising in value, but in a volatile market, those proprietary tokens could lose value very quickly, so I avoid them.

And look for deposit bonuses, for example https://celsius.network/promo-codes.

The last time I checked (a few months ago), the stablecoin interest rates were mostly in the range of 8% to 12%, though some platforms had thresholds above which the rate was slightly lower. So it makes sense to divide your holdings among several platforms to maximize your interest rates as well as minimize your risk.

You can find more opinions here: https://www.reddit.com/r/blockfi/com...erest_bearing/

Good luck.

Crazy idea, but the risk-reward is worth it imo. The worst thing that could happen is you lose half your money.

Strat is to stick it all on AnchorEarn.
Go on Mirror and short Gold with the aUST.

Get back half the UST while still earning 19.5% apy on the full amount of UST.

If Mirror rugs, you lose but so far, it's been a steady safe platform and unlikely to rug.
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02-08-2022 , 11:31 PM
Quote:
Originally Posted by Didace
This may have been asked before but I can't remember. When the US government seizes bitcoin, how do they get the keys?
From a psyops fed hack where people store the private keys on iCloud/google drive/dropbox etc.
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02-09-2022 , 09:35 AM
Quote:
Originally Posted by housenuts
From a psyops fed hack where people store the private keys on iCloud/google drive/dropbox etc.
So it's poor security by the people that have their bitcoin seized?
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02-09-2022 , 09:36 AM
Quote:
Originally Posted by Didace
So it's poor security by the people that have their bitcoin seized?
Yes terrible. It's so bad that it's hard to believe it's real. They are patsies
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02-09-2022 , 09:44 AM
Quote:
Originally Posted by CoolTimer
Why are you twisting my words, happened in the other thread as well? That's obv not what I'm saying. I still don't understand your Q.
Perhaps I jumped too far, but this is how I took the exchange -



"How did the government get control when bitcoin is supposed to be unassailable because of private keys? If you keep your key private it's yours forever."


"Oh, the government has lots of ways to gets your keys even if you don't tell them."


Now, that's not exactly how it went, but I thought my question was pretty clear. And you just brushed it off by saying the government can get your keys if it wants, belying the idea that bitcoin is resistant to government interference. At least that's how I took it.
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02-09-2022 , 11:45 AM
The duo most likely gave them the private keys during interrogation. The file was encrypted on the cloud drive. They also aren’t the “hackers” unless they compromised somebody at Bitfinex to gain access to the system. They most likely bought the BTC for pennies on the dollar and failed miserably trying to launder it.
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02-09-2022 , 01:00 PM
Quote:
Originally Posted by Didace
This may have been asked before but I can't remember. When the US government seizes bitcoin, how do they get the keys?
Truth serum maybe?



Everybody is talking they're going to lower the APY on Anchor which is unsustainable.... I think it was DAI's founder who named Luna a very elaborated Ponzi. Big players backing it anyway...
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