Exchanges
+4
denby
barnsaby
The Cat's Mother
SanMarino
8 posters
- SanMarino
- Posts : 164
Join date : 2022-06-05
Exchanges
Sun Dec 04, 2022 9:19 pm
The volume of crypto exchanges going bust or requiring emergency measures must surely dent confidence in block chain currency alternatives.
I do wonder if Bitcoin will ever get back to its highs of 2021.
I do wonder if Bitcoin will ever get back to its highs of 2021.
denby and barnsaby like this post
- The Cat's MotherModerator
- Posts : 1716
Join date : 2021-05-19
Location : UK
Re: Exchanges
Sun Dec 04, 2022 9:31 pm
It's mostly a combination of wishful thinking, scamming and ignorance. The only way to come out safely is to treat it as a gamble, don't bet what you can't afford to lose, and hope for the best.
denby likes this post
- barnsaby
- Posts : 4
Join date : 2023-01-04
Location : Oxfordshire
Re: Exchanges
Tue Jan 10, 2023 1:46 pm
This is a really interesting area with a lot to talk about. I agree it is very high risk, but my fundamental belief is that there are enough people that distrust their governments and financial institutions to such a degree that the main projects are still worth buying in to. It's the same reason I stack precious metals, the only main differences, in my mind, are tangibility and 5,000 years of history, but the rational is the same. While not positive at face value (there's a pun here for sure!), I feel it's a highly pragmatic domain to get involved in. To this end, I see those 2021 highs as reachable again. But know really knows? But in terms of exchanges specifically, this is why I go for cold storage only. No hot wallets in this household.
denby likes this post
- denby
- Posts : 135
Join date : 2021-07-25
Age : 72
Location : Scotland
Re: Exchanges
Tue Jan 10, 2023 2:21 pm
I think that CBDC's which will be installed this year in the western countries to help save the sheeples from the cowboy regulation crypto area, where fraud, theft, scamming takes place like it does in the fiat world every day ie the sheeples being scammed and robbed by the elites and we don't even notice eh! Will hurt bitcoin dreadfully.
Once installed after 2 or 3 years cash will be banned. And then GCHQ and the NSA will see every transaction we do. If we are bad boys we will be de-platformed from the banks and other computer digital areas.
The BTX 11 billion theft, like Madoff, will get the blame. Probably a CIA/ FBI set up with the 30 year old boy that's gone back to his Mummy and Daddies house to be looked after.
And I don't believe in conspiracy theories.
FREE ASSANGE, that's what I say. To HELL with all of our systems Ponzi Schemes.
Once installed after 2 or 3 years cash will be banned. And then GCHQ and the NSA will see every transaction we do. If we are bad boys we will be de-platformed from the banks and other computer digital areas.
The BTX 11 billion theft, like Madoff, will get the blame. Probably a CIA/ FBI set up with the 30 year old boy that's gone back to his Mummy and Daddies house to be looked after.
And I don't believe in conspiracy theories.
FREE ASSANGE, that's what I say. To HELL with all of our systems Ponzi Schemes.
- ArcaneCollector
- Posts : 285
Join date : 2022-06-02
Location : Northamptonshire
Re: Exchanges
Tue Jan 10, 2023 6:22 pm
I’m investing in chickens, potatoes and I’ve ordered a cow. You can’t eat binary code or silver.
Admin, The Cat's Mother and denby like this post
Re: Exchanges
Tue Jan 10, 2023 7:01 pm
ArcaneCollector wrote:I’m investing in chickens, potatoes and I’ve ordered a cow. You can’t eat binary code or silver.
I was going to make a joke, but then realised it was not appropriate..
Off to the naughty corner for me

The Cat's Mother and denby like this post
- ArcaneCollector
- Posts : 285
Join date : 2022-06-02
Location : Northamptonshire
Re: Exchanges
Tue Jan 10, 2023 7:51 pm
Admin wrote:ArcaneCollector wrote:I’m investing in chickens, potatoes and I’ve ordered a cow. You can’t eat binary code or silver.
I was going to make a joke, but then realised it was not appropriate..
Off to the naughty corner for me
![]()
No such thing as an inappropriate joke in my book!

Admin and denby like this post
Re: Exchanges
Wed Jan 11, 2023 9:02 am
ArcaneCollector wrote:Admin wrote:ArcaneCollector wrote:I’m investing in chickens, potatoes and I’ve ordered a cow. You can’t eat binary code or silver.
I was going to make a joke, but then realised it was not appropriate..
Off to the naughty corner for me
![]()
No such thing as an inappropriate joke in my book!![]()
LOL well I would say it to my close friends but perhaps not on a forum where it could be taken out of context
- The Cat's MotherModerator
- Posts : 1716
Join date : 2021-05-19
Location : UK
Re: Exchanges
Wed Jan 11, 2023 10:12 am
@Admin when you PM @ArcaneCollector with the joke, could you copy me in?
@ArcaneCollector I can see we're going to need another naughty corner!
@ArcaneCollector I can see we're going to need another naughty corner!
denby likes this post
Re: Exchanges
Wed Jan 11, 2023 11:13 am
The Cat's Mother wrote: @Admin when you PM @ArcaneCollector with the joke, could you copy me in?
@ArcaneCollector I can see we're going to need another naughty corner!
I am not sending the joke, I type as I speak. So the joke might be lost amongst anyone who really does not know me, and could be thought of more as a threat than a joke. That is all I am saying. If you look at what people are stocking up on and you know me... Think for a second. Martin will get it in a second.
With that bombshell out the way....
LOL
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- The Cat's MotherModerator
- Posts : 1716
Join date : 2021-05-19
Location : UK
Re: Exchanges
Wed Jan 11, 2023 3:41 pm
I can send you some eggs over and you can hatch them yourself.
Admin and denby like this post
Re: Exchanges
Wed Jan 11, 2023 3:42 pm
I barely walk on egg shells as it is so I really don't have the time to hatch them
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- The Cat's MotherModerator
- Posts : 1716
Join date : 2021-05-19
Location : UK
Re: Exchanges
Wed Jan 11, 2023 3:51 pm
SilverTrader wrote:I barely walk on egg shells as it is so I really don't have the time to hatch them
But the thought does conjure up a wonderful picture, chuck.
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Re: Exchanges
Wed Jan 11, 2023 10:44 pm
Are any of the big exchanges safe in 2023?
Would you use the services of Binance, Coinbase or Crypto.com?
Would you use the services of Binance, Coinbase or Crypto.com?
Admin and 21C Bullion like this post
- SanMarino
- Posts : 164
Join date : 2022-06-05
Re: Exchanges
Thu Jan 12, 2023 7:53 am
No idea
But if you do buy Bitcoin or any crypto coin, you can always put it onto a physical wallet (essentially a secure USB drive) and remove the risk of leaving it in an exchange wallet.
But if you do buy Bitcoin or any crypto coin, you can always put it onto a physical wallet (essentially a secure USB drive) and remove the risk of leaving it in an exchange wallet.
Admin and 21C Bullion like this post
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