Forwarded from Power Crypto Forum (Admin)
🔅 Here is a comparatively chart between USDT/USD & BTC/USD on #Bittrex. As you can see these small variations are quite common, so don't panic for now.
👉🏻 That said, Central Banks have in mind a very specific strategy to launch their CBDCs* including discrediting Stablecoins:
▫️Force a drop in #Crypto prices
▫️Force an exit from #StableCoins (bearish sentiment)
▫️Blow up #Stablecoins
▫️Taxing #CBDCs
💛 But no matter how hard they try, they will fail as confidence in the current economic model is collapsing everywhere, the bubbles are deflating... and many of us have realized that if we hold onto our Cryptos for few years, their values will be more stable than their #CBDCs in dollars and euros.
*A Central Bank Digital Currency is a digital currency issued by a central bank. They like to make an amalgam with $BTC & the majority of cryptos to make people confuse, but their centralized #CBDCs are the complete opposite of what Satoshi created a completely decentralized blockchain for!
👉🏻 That said, Central Banks have in mind a very specific strategy to launch their CBDCs* including discrediting Stablecoins:
▫️Force a drop in #Crypto prices
▫️Force an exit from #StableCoins (bearish sentiment)
▫️Blow up #Stablecoins
▫️Taxing #CBDCs
💛 But no matter how hard they try, they will fail as confidence in the current economic model is collapsing everywhere, the bubbles are deflating... and many of us have realized that if we hold onto our Cryptos for few years, their values will be more stable than their #CBDCs in dollars and euros.
*A Central Bank Digital Currency is a digital currency issued by a central bank. They like to make an amalgam with $BTC & the majority of cryptos to make people confuse, but their centralized #CBDCs are the complete opposite of what Satoshi created a completely decentralized blockchain for!
✅ US Crypto Exchange #Bittrex filed for Bankruptcy Monday, months after announcing its intention to exit the US entirely.
👉 This only applies to Bittrex US, not Bittrex Global.
👉 This announcement does not affect Bittrex Global, which will continue to operate as normal for its customers outside of the United States.
⚠️ I have, personally, verified my own Bittrex account to confirm that the few cryptos I own on the exchange are #SAFU
👉 This only applies to Bittrex US, not Bittrex Global.
👉 This announcement does not affect Bittrex Global, which will continue to operate as normal for its customers outside of the United States.
⚠️ I have, personally, verified my own Bittrex account to confirm that the few cryptos I own on the exchange are #SAFU
🏦 BITTREX CRYTO EXCHANGE
⚠️ Bittrex headquarters being in Seattle (US) and having troubles with the SEC for months, I preferred to withdraw the few bags of token from my account. #Bittrex was one my first ever crypto exchanges opened in mid-2017, followed by #Cryptopia, then #Bitfinex.
👉 As I like to be transparent, here are some interested stats from my Bittrex account:
🔸 Total of 113 trades completed between Sept 2017 until early-Jan 2018.
🔸 90% of trades were paired with $ETH, and others 10% with $BTC.
🔸 Total Investment Value: $1,300 USD
🔹28/9/17 $ETH: 4.63 tokens (#ETH: $280 x 4.63 = $1,296)
🔸 Total Withdrawal Value: $5,680 USD (+338% increased):
🔹05/1/18 $ETH: 3 tokens (#ETH: $960 x 3 = $2,880)
🔹04/3/18 $ETC: 74 tokens (#ETC: $30 x 74 = $2,220)
🔹10/8/23 $RDD: 7,150 tokens
🔹10/8/23 $DGB: 25,500 tokens ($200)
🔹15/8/23 $ANT: 59 tokens ($260)
🔹15/8/23 $GLM: 550 tokens ($120)
🔹26/8/23 $OK: 303 tokens
🔸 Here are 3 examples of tokens that could have generated huge profits "if" I had stored them, but at that time I needed liquidity to trade more and more. Afterwards, I also didn't make the best decisions in my selection of tokens to keep for a while.
🔸1,100 Tokens $MANA
🔹Buy: $0.025
🔹Sell: $0.075 (ATH $6 > value $6,600)
🔹Gain: x3 over 38-day
🔹ETH Transaction: Ξ0.00005500 > Ξ0.00016300
🔸1,200 Tokens $ADA
🔹Buy: $0.11
🔹Sell: $0.42 (ATH $3.1 > value $3,720)
🔹Gain: x4 over 14-day
🔹ETH/BTC Transaction: Ξ0.00019500 > ₿0.00002897
🔸50,000 Tokens $DOGE
🔹Buy: $0.0002
🔹Sell: $0.0004 (ATH $0.76 > value $38.000)
🔹Gain: x2 over 18-day
🔹BTC Transaction: ₿0.00000015 > ₿0.00000030
🔸 Last withdrawal of tokens from Bittrex (Aug-2023):
🔹#Aragon > Binance (Staking 1.4%)
🔹#Golem > Binance (Staking 0.35%)
🔹#DigiByte > Atomic Wallet
🔹#Okcash > Wallet Okcash Core v7.0 (Staking)
🔹#ReddCoin > Wallet Reddcoin Core v3.10 (Staking)
👉 The balance sheet remains positive since with $1,300 invested in the exchange, I had already been able to withdraw in crypto the equivalent of $5,000.... and I still have a few bags of tokens for which I don't have much hope, but who knows... #DGB could pump to hit $5 in 2025, isn't!?!! 😂
⚠️ Bittrex headquarters being in Seattle (US) and having troubles with the SEC for months, I preferred to withdraw the few bags of token from my account. #Bittrex was one my first ever crypto exchanges opened in mid-2017, followed by #Cryptopia, then #Bitfinex.
👉 As I like to be transparent, here are some interested stats from my Bittrex account:
🔸 Total of 113 trades completed between Sept 2017 until early-Jan 2018.
🔸 90% of trades were paired with $ETH, and others 10% with $BTC.
🔸 Total Investment Value: $1,300 USD
🔹28/9/17 $ETH: 4.63 tokens (#ETH: $280 x 4.63 = $1,296)
🔸 Total Withdrawal Value: $5,680 USD (+338% increased):
🔹05/1/18 $ETH: 3 tokens (#ETH: $960 x 3 = $2,880)
🔹04/3/18 $ETC: 74 tokens (#ETC: $30 x 74 = $2,220)
🔹10/8/23 $RDD: 7,150 tokens
🔹10/8/23 $DGB: 25,500 tokens ($200)
🔹15/8/23 $ANT: 59 tokens ($260)
🔹15/8/23 $GLM: 550 tokens ($120)
🔹26/8/23 $OK: 303 tokens
🔸 Here are 3 examples of tokens that could have generated huge profits "if" I had stored them, but at that time I needed liquidity to trade more and more. Afterwards, I also didn't make the best decisions in my selection of tokens to keep for a while.
🔸1,100 Tokens $MANA
🔹Buy: $0.025
🔹Sell: $0.075 (ATH $6 > value $6,600)
🔹Gain: x3 over 38-day
🔹ETH Transaction: Ξ0.00005500 > Ξ0.00016300
🔸1,200 Tokens $ADA
🔹Buy: $0.11
🔹Sell: $0.42 (ATH $3.1 > value $3,720)
🔹Gain: x4 over 14-day
🔹ETH/BTC Transaction: Ξ0.00019500 > ₿0.00002897
🔸50,000 Tokens $DOGE
🔹Buy: $0.0002
🔹Sell: $0.0004 (ATH $0.76 > value $38.000)
🔹Gain: x2 over 18-day
🔹BTC Transaction: ₿0.00000015 > ₿0.00000030
🔸 Last withdrawal of tokens from Bittrex (Aug-2023):
🔹#Aragon > Binance (Staking 1.4%)
🔹#Golem > Binance (Staking 0.35%)
🔹#DigiByte > Atomic Wallet
🔹#Okcash > Wallet Okcash Core v7.0 (Staking)
🔹#ReddCoin > Wallet Reddcoin Core v3.10 (Staking)
👉 The balance sheet remains positive since with $1,300 invested in the exchange, I had already been able to withdraw in crypto the equivalent of $5,000.... and I still have a few bags of tokens for which I don't have much hope, but who knows... #DGB could pump to hit $5 in 2025, isn't!?!! 😂