[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 255 KB, 828x452, E7F63730-E4D8-41D7-BCFC-261A01040F53.jpg [View same] [iqdb] [saucenao] [google]
19587072 No.19587072 [Reply] [Original]

6% a year plus perks and a shiny metal crypto visa card
Making $350 a week passive income
This crypto shit is gravy baby

>> No.19587092

larp no link brother is dumb as this post screenshot pls for laughs

>> No.19587099

>>19587092
Why is it dumb it’s literally free money

>> No.19587180

>>19587099
Post screenshot fag or gtfo, noone is dumb to risk 250k usd for 6%
I make bit more on my 30k link stack in avee while keeping my linkies on ledger AND not giving my fucking linkies to some ponzi level custodian.
Its 2020 defi is thing and next mtgox is around a corner I really hope all you crypto.com and celsius fags lose everyhing
Avoiding middleman and self custody is literally one of few things blockchains are acually good for

>> No.19587215

>>19587180
Isn’t aave APY 0% for link?

>> No.19587225

>>19587215
Use your brains pls...

>> No.19587245

If anyone thinking of signing up. Use my referral he8jtgc7tz to sign up for Crypto.com and we both get $50 USD

>> No.19587249

>>19587072
cool but i don't trust smart contracts. too risky for me

>> No.19587256

>>19587249
It’s honestly a pretty great business, but definitely don’t put your whole networth in it.

>> No.19587271

I have 20,000 LINK in Crypto.com earn but I'm considering withdrawing after my current three month term ends. 6% interest a year while business capital interest is much lower just doesn't make sense. Make sure you exit this ponzi on time.

>> No.19587285

>>19587271
It isn’t a ponzi. Some of the key people in the companies have a reputable history. The company could go under, of course, but it isn’t a ponzi.

>> No.19587330

>>19587285
This. Antonelli know why CRO is steadily rising though?

>> No.19587335

>>19587285
And if it does your stack goes with them.
Crypto is about decentralization, is this retard really a representation of who is buying crypto now?

>> No.19587355

>>19587330
My guess is some of the great syndicate events like 50% off BTC, ETH, ADA, etc. Only took part in one of them because my CRO is staked in earn for the interest, but the user base has been growing like crazy from all of the promotions.

>> No.19587366

>>19587180
You don't have to put your tokens into another contract?

Redpill me on AAVE

>> No.19587374

>>19587335
Of course it goes with them, you mongoloid. It’s entirely risk/reward and timing. If you don’t want to take the risk and would rather go DeFi then that’s entirely your call.

>> No.19587375

>>19587355
Seems like MCO is still a Bit langging pricewise compared to CRO, hope this will change

>> No.19587407

>>19587375
Lagging behind, but over the past half year it’s still been a fairly steady uptrend. I have my card and it works beautifully, but only on the red tier. I’ll probably get the green and then coast because if MCO does boom then it’s not worth going in another 9 times over to get the better cards. I wonder how many have just gone for the free card rather than higher? Probably most normies using the platform.

>> No.19587411

>>19587335
>is this retard really a representation of who is buying crypto now?

it was always about speculation and gambling. Retards only care about the next "dubious" crypto tech in hopes it somehow means more money for them. it's just a fucking scam. it literally all is a massive scam.

>> No.19587619
File: 1.08 MB, 320x294, 8EDFE544-C61A-42BF-882E-5B44C7FBC153.gif [View same] [iqdb] [saucenao] [google]
19587619

>>19587271
>>19587335
Why the fuck would Crypto.com be a scam if it’s working with visa and has a coin in the top 10 surely you’re just being a paranoid sperg because muh Gox it isn’t 2014 anymore faggot I’m staking 50k linkies and earning a shit load of passive income and you can suck my dick you seething pauper

>> No.19587637

>>19587619
Based. Are you shooting for a higher tier card for the cashback and hope of MCO gains or happy at green/indigo tier?

>> No.19587654

>>19587637
Chillin at green tier for the time being

>> No.19587731

Another question for the fedora wearing Crypto.com skeptics
Would you rather keep 20,000 link on Binance or staked on Crypto.com Earn
ANSWER ME

>> No.19587782

>>19587335
kind of like stocks eh?

>> No.19587808

>>19587731
I put my 2.7k link on crypto.com 3 days ago. feels good

>> No.19588349

>>19587072
Nobody is taking credit or loans with them, the interest isnt backed. 100% bitconnect 13.0 or however far we are

>> No.19588402

>>19587619
Could someone hack the contract?

>> No.19588483

>>19587072
what a shitty investment anon, pool 50k link with sthanos and expect 200% apr

>> No.19588814

>>19587225
What do you mean? The APY is indeed 0.1%
Are you doing the thing where you use link as collateral for borrowing more link and staking that, etc?

>> No.19589011

>>19588349
They’re not profitable yet, but their MCO and CRO sales as offset most of their losses and then some. CRO in particular has been a godsend for their business lately.

>> No.19589292

>>19587782
Nope

>> No.19589378

>Oops our contract had a bug in it
>oops our wallet got compromised
>oops we can't find your funds are you sure you deposited them?
and my personal favorite
>mysteriously vanishes with corporate leadership never heard from again one day

>> No.19589443
File: 52 KB, 591x1280, photo_2020-06-08_20-38-37.jpg [View same] [iqdb] [saucenao] [google]
19589443

$2,515 USD a month at the moment.
Will be more once the BNB unlocks from the existing 90 stake and a chunk of my BTC unlocks and i can sell the BNB into BTC and relock them both at 6.5% + 2%

>> No.19589465
File: 929 KB, 300x300, 1588953595823.gif [View same] [iqdb] [saucenao] [google]
19589465

>>19587335
Crypto is about a lot more than just decentralization, brainlet. I don't care if a custodian holds my funds when I'm more interested in the uncontrolled inflation problem.

>> No.19589616

>>19587180
>I really hope all you crypto.com and celsius fags lose everyhing
BASED
>>19589465
based retard

>> No.19589637

>>19589378
>Oops our contract had a bug in it
>oops our wallet got compromised
mitigated by BitGo and other types of insurance, make sure you don't deposit more than what can be secured

>oops we can't find your funds are you sure you deposited them?
transactions are public, just link the etherscan.

>mysteriously vanishes with corporate leadership never heard from again one day
only legitimate concern.

>> No.19589669

>>19587072
if you had 50k MCO stake you'd be earning 8% btw, you larping faggit.

>> No.19589697

>>19587072
My Ruby card is arriving today, pretty excited to get into this. The only thing close to this I am doing is holding KCS, which pays between 5-6% per year. Crypto is a very small chunk of my investments, and I actually doubt I will get a ton of use out of this since my AMEX (groceries, gas) and Chase cards (Amazon, travel), have to be used on many other purchasing categories.

>> No.19589720

>>19589637
Your custodian will hold you down and violate you repeatedly during a market shift. See if I'm not right.

>> No.19589869

>>19589443
This looks fucking based
Why are so many spergs convinced this is a scam
Do they just not want us to make money
Are they really that bitter and twisted

>> No.19589918

>>19589869
this

>> No.19589928

>>19589869
its because its a centralized exchange and people got burned from mt gox
It's not a scam, its' just inherently risky since there isn't crypto FDIC insurance.

>> No.19589954

im actaully interest in this aave thing, sound pajeets tho

>> No.19590000

>>19589954
aave is legit
it's just risky if you are trying to swing your stack with a volitaile asset. Here's how it works

>deposit something on aave (like link)
>borrow a stablecoin (dai, usdc) against your collateral
>buy the same thing you originally deposited (link)
>when price rises sufficiently, sell enough to cover the loan and you pocket the rest

the problem here is if the asset is too volatile you will get liquidated in a massive drop since the value of the collateral drops. Just don't overleverage and you should be fine.

>> No.19590024

>>19589869
You should deposit your entire wallet into it bro

>> No.19590056

>>19589869
Because they’re too dumb or lazy to do their own research. There are obviously risks associated with it, but it’s no scam. They’ve got many working products that aren’t their Earn feature from their debit cards to their exchange. They’re one of the best crypto companies out there at the minute.

>> No.19590059

This thread is full of retards.
Using defi would earn you more and be safer in the loan run via highly collateralised loans. Idiots.

>> No.19590097

>>19589869
I'm literally friends with Kris, Bobby, and a handful of the other people in CDC.
I'm pretty confident in them overall.

MFW: $100 a day in free cash flow from interest.

Literally living in a villa in Bali right now on an extended visa because of Covid.
Spending ~60% of my interest per month, banking the 40% and my entire salary (I work at Binance)

>> No.19590106

>>19589292
oh i forgot. when a company goes bankrupt and stock price crashes, you get a refund

*facepalm*

>> No.19590109

>>19590000
pretty much like how binance work, im more interested in earning passive income from depositing, is there any risk associating with it?

>> No.19590184
File: 57 KB, 1024x1024, 1587352181035.jpg [View same] [iqdb] [saucenao] [google]
19590184

>>19589616
Not everyone is a defi fag, loser. I want the government to stop robbing me of my hard earned wages by devaluing my savings.

>> No.19590208

>>19589928
You could say the same thing about every including Coinbase but it’s not 2014 anymore the chance of a Mt.Gox situation happening again must be minuscule even Binance covered people when they got hacked last year
I just don’t see the reason to be so paranoid when Crypto.com is clearly one of the most legit exchanges in the space earning an extra $350 a week IS A BIG DEAL TO A NEET LIKE ME

>> No.19590292

>>19590059
Ok then Einstein convince me to use a de-fi alternative that’s safer than fucking Crypto.com
AAVE sounds FUCKING SKETCHY and I haven’t even done any research yet
>African American Vernacular English
Lol how about I just donate my linkies to fucking BLM faggot

>> No.19590370

>>19589443
I think it was you that made me seethe hard with these holdings in one of the previous threads but congrats bro. Mirin that stack hard

I had some issues with the card a while ago but with a recent update things seem to work good so far. I'm using the card to get the MCO cashback and just today I used the pay feature to buy a gift card and get 10% CRO cashback. The use of CRO for gift cards and its use in the syndicate is probably the reasons behind the constant pumps lately

>> No.19590568

>>19589720
I only put stablecoins on these type of service.
I'm constantly trading my other crypto, or staking it.

>> No.19590574

>>19588402
No, the CEO answered this. The Earn periods are kept in cold storage

>> No.19590594

>>19590059
>Using defi would earn you more
Except that's wrong. You can get 8-10% on your stablecoins on Celsius or Nexo. But DEFI pays half that at best.

>> No.19590676

>>19590370
literally had my card since 2018 lol.

Started with 50MCO, incase it was a scam, then upgraded to 500, then in May upgraded again to 5,000.
Upgraded only for the 2% extra desu

>> No.19590748

Nice, op. I have a purple card coming in the fall. I stake mkr there. I like getting interest in a deflationary asset. It feels like I am beating the jews.

>> No.19590752

>>19587619
I'm not saying it's a scam, but you might as well use a fucking bank.

>>19589465
Then buy gold retard.

Custodians are the problem.
Banks are the problem.
Governments deciding the value you hold is the problem.

Centralized entities of any shape or size is the fucking problem, yet all you plebs give a shit about is 'making it' so you can buy a lambo (depreciating asset that's worth 50% less once the keys hit your hands), if you want to take away control and be in control of your own value, buy crypto. If you want your crypto to work for you, take part in DeFi.

I swear I fucking hate you get rich quick pricks.
Earn value, accumulate value, make value earn value without anyone ever fucking enslaving you by diminishing it for their greed.

>> No.19590899

>>19590752
Ok then show me a defi option where I can make 6% a year in passive income on my linkies that’s safer than Crypto.com and I’ll fucking use it otherwise fuck off and let me earn my $350 a week without this muh centralised muh banking muh sheeple fedora bullshit trip I’m here to MAKE MONEY

>> No.19591314

>>19590676
Well your stack is well over 72 times bigger than mine in $ so I can only cope here. Also congrats on working in the field even if you work for that cunt CZ

>> No.19591318 [DELETED] 

>>19590899
Theyre just salty, crypto.com is the amazon of crypto.

>> No.19591395

>>19590752
Gold is hard to sell and move freely.
Also literally cdc, coinbase and whatever else have no real impact in what you describe lol

>> No.19591431

>>19591314
I don't work very hard, that helps me reconcile that fact.

>> No.19591500
File: 56 KB, 326x326, 1559766244616.jpg [View same] [iqdb] [saucenao] [google]
19591500

>>19591431
If it's any consolation, there are no virtuous people in the money making business and the virtue signaling faggots are appaling at least. You go where you can make the most shekels. Also if a bullrun ever comes I believe you will not be needing to work for long.

>> No.19592007
File: 466 KB, 828x1792, IMG_1088.png [View same] [iqdb] [saucenao] [google]
19592007

>>19590097
can you reveal any details about CDC's whitelabel project? Is binance gonna use it for their cards?

ICO investor in CDC with founding member card btw, also staked all my linkies.
i mean just look at this free money, not counting the MCO interest (8%)

>> No.19592041
File: 682 KB, 828x1792, IMG_1089.png [View same] [iqdb] [saucenao] [google]
19592041

>>19592007
literally the only relevant wallet today

>> No.19592059

Glad to see some other people with a good amount on earn. I have 75k link with them. Feels super comfy, I do miss the 8% but glad they are keeping it more economically viable with 6%

>> No.19592074

>>19592059
stake 5k MCO and you still get 8%, but 2% is in MCO

>> No.19592133

>>19590292
please leave this site at once and return to leddit
sage

>> No.19592238

>>19590208
Coinbase is fdic. There is no benefit to having someone hold your coins until there is decentralization. Holding your decentralized oracle tokens on a centralized exchange is unthinkable.
With Celsius they use link for some decentralization.

>> No.19592242

>>19587072
>6% a year plus perks and a shiny metal crypto visa card

Sounds like a ponzi scheme to me.
Do you guys literally just never learn economics or something?

>> No.19592310

>>19592242
>Sounds like a ponzi scheme to me.

Sounds like you cannot DYOR and will stay poor
They are literally the only crypto company to have achieved a ISO/IEC 27701:2019 Certification

https://blog.crypto.com/crypto-com-becomes-the-first-cryptocurrency-company-in-the-world-to-achieve-iso-iec-27701-2019-certification/

Their security officer was invites onto the Forbes Technology Council

but sure, pOnZI

>> No.19592317

>>19590292
4 years of biz and never cringed this hard I literally hope you die lol

fagot

>> No.19592828

>>19592310
is that all you got? appeals to authority? how the fuck is 6% in "staking" with these people sound natural? even the BEST CDs like 2 years ago only got as high as like ~3% for 18 months.

I'm not gonna read some bullshit corp blog or DMOR. The level of pajeet sounding fudding itt and your inability to fathom something that seems to good to be true is enough research for me.

>> No.19592880

>>19592828
you still didn't read, huh?

My intuition tells me you are poor.

I'll give you 1 hint as to how they manage these rates: THEY LEND IT OUT YOU DUMBFUCK, have you ever traded with leverage? How do you think they finance the short term loans??

>> No.19592908

>>19592880
https://cointelegraph.com/news/cryptocom-receives-privacy-related-iso-certification

since you don't read "some bullshit corp blog or DMOR"

>> No.19592951

>>19592908
none of this has anything to do with the fact that it's likely a ponzi scheme. what value proposition are you buying into with this security deposit/staking/whatever shitcoin term you retards use?

>> No.19592953

>>19587072
Are you even a little bit concerned that they now own your crypto and could literally disapear with it today and you'd have nothing? They aren't some FDIC insured bank or anything, there is definitely risk involved with your "free" money

>> No.19592996

>>19588814
retard you put up stinkies as collateral and withdraw dai or usdc or whatever shitcoin you can pick from a list then you send that shit to an exchange and buy more link, and you can pay back your loan when stinkies moon. if price crashes you lose your collateral more leverage more stinkies more risk more pussy do you get it

>> No.19593193

>>19592951
Definitely a ponzi. No one can explain where the interest comes from, obviously it’s coming from greater fools on biz

>> No.19593215

>>19592953
They’re too high profile, where are they going to go?
The cold wallets would be flagged, withdrawals to any exchanges would be frozen.

You can suggest maybe mixers, but that only really BTC and that volume isn’t going to go through mixers in any orderly time.

So then you have the idea that they could spend the money now, cash out user deposits and spend lavishly or stash it in fiat somewhere - but the blockchain shows that the cold wallets are growing, not shrinking, so unless the new user deposits are growing much faster then...

When you look at the publicly available data and then game plan how a potential fraud cousin play out, you can see the risks are low.

Even faking a hack and funnelling our user funds - they have $360m in insurance on the cold wallets.

I have done my research, that’s why I’ve got $400k sat with them.

>> No.19593503

>>19592953
Lol, ironic. Fiat deposits on CDC is literally covered by FDIC, good try though.

>>19593193
>No one can explain where the interest comes from
https://cointelegraph.com/explained/crypto-lending-explained

Read this you absolute brainlet

>>19592951
Same goes for your stupid ass, read the link

>> No.19593542

It's a bit reassuring people put so much money on them (compared to my poorfag ass) so I'll keep stacking I guess

>> No.19593563

>>19593215
You don't need to withdraw to exchanges, there are a lot of ways to cash out BTC besides binance
I use them for a fiat onramp sometimes and have staked smaller amounts before, I really like the platform personally but I can't trust it expeciailly with the huge % interest they are paying
"Too big to fail" doesn't cut it for me, it's way too much risk giving up my keys, but good luck to you, hope I'm wrong

>> No.19593601
File: 489 KB, 640x1022, 6E1F4403-14B8-4645-A001-7A5CCDB4E668.jpg [View same] [iqdb] [saucenao] [google]
19593601

>>19592007
>>19589443
>>19587072
Based crypto.com Chads

>> No.19593654

>>19593503
Is there any proof that CDC is lending enough crypto at high enough rates to pay for 16% interest on deposits or is that just what you're hoping is real because it makes you feel better?

>> No.19593736
File: 138 KB, 682x1252, Merknad 2020-06-08 190350.png [View same] [iqdb] [saucenao] [google]
19593736

>>19593654
the 16% you are referring to is on their own token, which they unlock whenever they feel like, like BNB.

For the rest of the tokens, they follow the market rates. This is not a small business and they are not the only provider, see pic.

>> No.19593769

>>19593215
you say they're too visible to fake a hack as if an actual hack is out of the picture. It's not your wallet, ergo anything and everything is on the table in terms of risks to your stack.

LINK is going to be high double digits and providing staking income in a year or three anyways, risking it all on a measly 6% ROI just smacks of greed. You have a golden ticket in your pocket, you're riding the bus on the way to the bank to cash it in, and you're so ADHD that you can't stop yourself from pulling it out every 5 seconds and playing with it.

Just lock it up, secure your keys, stop looking at it and be fucking patient instead of taking unneccessary risks with your ticket to generational wealth. Jesus.

>> No.19593775
File: 58 KB, 1024x536, 1587752070883.jpg [View same] [iqdb] [saucenao] [google]
19593775

>>19593601
very based

>> No.19593815

>>19593503
>fiat deposits on CDC are FDIC insured.

You're not staking fiat, you're staking tokens, which are insured by nothing.

>> No.19593919

>>19593815
my point was that a company which has achieved numerous ISO certifications and has FDIC insurance, cards in EU, APAC, USA and Canada soon MIGHT be legit. Not even binance or coinbase has managed to do this, let alone Tenx.
Do you disagree?

>> No.19594281

>>19593919
I do disagree, as it's a kitchen sink veneer of security and certification and insurability that all sidestep the central issue at hand, which is that they own your tokens and don't owe you jack shit if they fuck up or exit scam. Unless and until they can explicitly say that your tokens are fully insured and thay they will gape themselves and pay you back in full if they fuck up and lose your shit, then none of it matters for dick.

Also, the crypto.com shilling in this thread follows the same pattern as any ponzi. If these rates were truly sustainable, we wouldn't need threads full of people who have entrusted their net worth to crypto.com ruthlessly shilling about how awesome their free money is. The fact that CDC users feel the need to shill so relentlessly speaks more volume than words ever could about how sustainable they really think the business model is.

>> No.19594319

>>19593919
Coinbase has fdic insurance

>> No.19594382

>>19594281
They have a non-custodial wallet called crypto.com wallet that is seamlessly integrated into the normal wallet. They will probably allow for lending on a wallet that you control, but with the tokens in a time-locked contract.

As for the shilling, i mean, wouldn't you gloat if you lived off of interest paid weekly while most of the people on this board work minimum wage and put their measly $100 month into shitty scams in a desperate attempt to escape wagecucking? I have made multiple threads, just because i like gloating.

>>19594319
I meant that only CDC has managed to release cards in all those regions, my sentence was fucked up, i admit.

>> No.19594414

>>19593815
They're insured by the $360m insurance policy that crypto.com has on their cold wallet holdings.

What the fuck do you think that insurance is there to cover?

>> No.19594455

>>19587619
He has no guarantee to give ur money back literally no collateral literally no insurance but ya things have changed! U guys r so fucked it’s not even funny hahahaha greedy bastards

>> No.19594464

>>19594382
They are building DeFi programs for the self custody wallet, likely later this year there will be DeFi applications from CDC.

Don't even take my word for it, its in the recent AMA and the transcript is online.

I've had my card since 2018 (Singapore resident)

>> No.19594470

>>19594281
forgot to mention. There is widespread discussion about CDC on other platforms. They market towards normies, not NEETs on a bulgarian hatter image board. I am a member of a facebook group about it, and they are 99.9% retarded normies, which is their target, so i guess i works.

They just hit 2M active users, up from 1 mill just a few months ago. That growth is insane

>> No.19594478

>>19594382
>As for the shilling, i mean, wouldn't you gloat if you lived off of interest paid weekly
No I'd probably keep it a secret, as the profitability of most passive income streams tend to be inversely proportional to the number of people taking advantage of them. You think if CDC had 100 million users that it could still pay out 6% to all of them?

>> No.19594506
File: 2.07 MB, 1575x2100, buzzed.png [View same] [iqdb] [saucenao] [google]
19594506

>>19594464
i know bro, i am MCO-pilled as well

>> No.19594688

>>19594478
This is my fear too, thats why i hide my power level.
I actually don't speak about it other than with my friends that already have a cdc card.

>> No.19594745

>>19594688
no need to hide power levels here. I don't talk about money IRL though

>> No.19595127
File: 53 KB, 1001x1001, 6D67F7F4-56C8-4434-A95A-27A18CC814ED.jpg [View same] [iqdb] [saucenao] [google]
19595127

>>19593215
DING DING DING DING
BASED BELL

>> No.19595148

>>19593601
Absolutely based

>> No.19595205

>>19593769
I’m a fucking NEET I need the staking gains to LIVE OFF OF YOU FUCKING PUSSY

>> No.19595448

>>19594455
Hello COPE DEPARTMENT

>> No.19595498

>>19594506
Wait until the based department gets wind of this

>> No.19596150

>>19594281
He's right you guys. We cant have threads that express your happiness at earning money.

This kind of shilling just has to stop. They cant keep getting away with it.

>> No.19596164

>>19587072
you are retarded as hell.
crypto.com is literally a bitconnect.

>> No.19596238

>>19596164
Ok bro. Don't use it then. I choose too. If I take a loss, so be it. Seethe harder. In the meantime I'm getting gains.

>> No.19596252

>>19594506
What DeFi programs are they working on? Staking Tezos and the like?

>> No.19596323

>>19596164
how the fuck are they bitconnect? What product did bitconnect have? Did they have insurance and ISO certification?

>>19596252
They haven't said anything explicit AFAIK, but their non-custodial wallet will probably be like metamask, where you can tap into the entire DEFI-world and browse kittens or whatever the fuck autistic russian moneyskellies are into these days

>> No.19596358

>>19594470
Aren't you just proving my point? Aggressive large scale marketing aimed at normies promising insane risk-free ROI... remind you of anything?

>> No.19596386

>>19595448
>>19595205
>>19595148
>>19595127
Shill much? At least invest in a VPN so you can make it look semi-organic.

>> No.19596422

>>19596323
Bitconnect was literally a 'lending platform' guaranteeing unreal risk-free ROI. Literally the exact same thing crypto.com advertises. Your tokens are not insured on CDC, FDIC has jack shit to do with crypto.

>> No.19596456

>>19596358
it's not risk free lol, you have to stake 500 MCO to even get the same rates you do on blockfi and the likes. When you have around $3000 USD stuck in a project, does that scream "risk free"

The aggressive marketing towards normies is because they want to be the company that brings crypto to the masses, like amazon brought e-commerce to the masses. To do that, you need to market heavily. At least they don't pay people like floyd mayweather lol.

>>19596386
is responding in different posts an attempt at astroturfing to you?

>>19596422
Bitconnect had a "trading bot that guaranteed 1% per day".
CDC lends out the money on a secondary, big lending market that has multiple actors. If you cannot tell the difference, i feel bad for you. Stay poor

>> No.19596481

>>19596422
Except that’s only a small part of their services. They have a successful exchange, a working and excellent debit card program, non-custodial wallet, etc. They’ve also been pretty up front that these interest rates are going to go down once they’ve built a bigger user base. They’ve adjusted them a few times already and will keep doing so. The highest interest one is also their own token which they have a massive supply of already so it costs them nothing. Most tokens max out around 4%.

>> No.19596495
File: 393 KB, 828x1792, IMG_1092.png [View same] [iqdb] [saucenao] [google]
19596495

>>19596422
i mean, they literally SCREAM "FREE MONEY" at you, right?

>> No.19596574

>>19593769
>Link's going to be double digits in a couple years
>doesn't want a link stack that's 6% taller by locking it up in a contract in the meantime
not going to make it

>> No.19596597

>>19596456
>When you have around $3000 USD stuck in a project, does that scream "risk free"
Yes it does, because they literally claim that it is risk free. Find me the clause in their terms that says "you might lose all your money at any moment with no recourse."

>> No.19596620

>>19596323
>how the fuck are they bitconnect?
https://libre.fail/crypto-com-anatomy-of-a-cryptocurrency-scam-part-one
https://libre.fail/crypto-com-anatomy-of-a-cryptocurrency-scam-part-two
https://libre.fail/crypto-com-anatomy-of-a-cryptocurrency-scam-part-three
https://libre.fail/crypto-com-anatomy-of-a-cryptocurrency-scam-part-four
https://libre.fail/crypto-com-anatomy-of-a-cryptocurrency-scam-part-five

Enjoy

>> No.19596684

>>19596495
>>19596597
Let me self-amend and give CDC plaudits for at least saying that tokens are not FDIC insured. But the fact remains of why the fuck would I entrust my net worth to a company that can't guarantee its safety? "lol they're ISO 123346 compliant and their IT staff is on the forbes top dawg list" does not equal a guarantee of anything.

>> No.19596763

>>19596620
that is the most lazy FUD i have ever read.
>>19596597

"Theft, Hacking and Cyber Attack: Digital Assets may be subject to expropriation, theft and/or fraud; hackers or other malicious groups or organizations may attempt to interfere with our system/network in various ways, including malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing, and spoofing which may result in the loss of your Digital Assets, or the loss of your ability to access or control your Digital Assets. In such event, there may be no remedy, and holders of Digital Assets are not guaranteed any remedy, refund, or compensation."

There, now go hang yourself


>>19596684
You seriously think Visa would allow them a whitelabel-project if they were not 100% compliant?

Again, stay poor

>> No.19596788

>>19596597
https://crypto.com/document/crypto_earn

Read it and weep, neutron star

>> No.19596818

>>19596684
A bunch of retarded claims and theorising. Dumbest part being Monaco rebranding as Crypto.com to shake off heat. They rebranded because a search for crypto will have them near or at the top of any search engine.

>> No.19596862

>>19596818
fuck off, the owner of crypto.com (which MANY people wanted to buy for ages) interviewed them and decided he agreed with their values and believed in the project enough to let his domain go.

LAZY

>> No.19596920

>>19596818
lol nevermind, though you were fudding, didnt read

>> No.19597065
File: 135 KB, 625x682, 375A5CAF-A580-4519-87BE-A00DB554BE67.png [View same] [iqdb] [saucenao] [google]
19597065

>>19596386
Eat my ass faggot you’re looking at 100% organic big dick shitposting straight from the keyboard of one large dick Chad who just staked the aforementioned 50,000 LINK for passive income with the supremely based and legitimate Crypto.com
HELLO SODIUM DEPARTMENT

>> No.19597109

>>19597065
I have been looking around at different products like Celsius to park my links in. Thanks for heads up op. Any downsides to this that you’ve seen so far?

>> No.19597336
File: 194 KB, 500x500, E40FB334-D5C0-412F-AB0F-946844D55155.jpg [View same] [iqdb] [saucenao] [google]
19597336

>>19597109
Been researching for a while and Crypto.com seems as good as you’re going to get in this space
Spergs in this thread keep foaming at the mouth about defi but have failed to suggest any alternative whatsoever
I’ll fuck with Crypto.com before I touch any fucking sketchy skelly coded weird ass AAVE bullshit Russian defi scam contract platform reaching into my pocket and fucking with my linkies I trust the white man I looked at for four and a half seconds that runs Crypto.com so that why I shoved my money into his all literally over two hundred thousand dollars crammed straight inside this app for 6% gains per annum
My dick is rock hard and fedora wearing Linux using faggots in this thread are NOT HAPPY

>> No.19597518

>>19596920
All good, don’t worry.

>> No.19597885
File: 132 KB, 1080x758, IMG_1051.jpg [View same] [iqdb] [saucenao] [google]
19597885

>>19597336
absolutely BASED

>> No.19597945

>>19597336
There is defimoneymarket.com, which is using chainlink.

>> No.19598110

>>19587180
>30k link stack in avee while keeping my linkies
no you dont

>> No.19598899
File: 70 KB, 288x268, 1521325108192(1).jpg [View same] [iqdb] [saucenao] [google]
19598899

>>19597336
I had a good chuckle reading this post ngl

>> No.19599598

>>19596763
Tbf approved by visa doesn't mean it's not a scam. Just higher chance of being long term legit

>> No.19599773
File: 28 KB, 512x384, 209DB75F-EC97-4846-BE89-2668FF3F350E.jpg [View same] [iqdb] [saucenao] [google]
19599773

Another question for long dicks in this thread
Say link pumps and my staked linkies exceed the value of $500,000 which is the maximum amount allowed in the Earn program
What happens then...

>> No.19600035

>>19587072
not your private keys not your coins

>> No.19600438

>>19600035
No shit.

>> No.19600453

>>19599773
new wallet? another account?
idk but your last three digits are my area code.

>> No.19600551 [DELETED] 

>>19587619
I have 50 for a card mostly because I want the composite metal one which just seems like a bad ass status symbol and durable, but the 2% is kewl. That and I think MCO will do fairly well when its adopted more.

>> No.19600577
File: 34 KB, 750x444, 5B90EF60-ED3A-4C27-825B-AF1D2C03C7F8.jpg [View same] [iqdb] [saucenao] [google]
19600577

>>19600035

>> No.19600924

>>19600577
The real question for me is how do I participate as a US resident. I thought we couldn't...

>> No.19601401

>>19600924
As long as you’re not in New York you can get in on it my duderino

>> No.19601802

>>19600924
You can. I live in GA and its fine here. Some states are limited to certain cyrpto though. Check the site.

>> No.19601881

>>19597109
None so far, except the price to get the 6% and 8% rates are very high (to me) at around $2500 and $25000 in MCO required. $2500 is doable but id rather buy more coin that I want to invest in and get 4%.

>> No.19601901

>>19599773

Good question. Bet you they have a contact form. Why dont you ask them and screenshot the reply.

Thanks for playing

>> No.19602022

>>19597336
>Russian defi scam
That's fucking funny coming from a Chainlink holder because this was the same FUD people talked shit about Sergey in 2017

>> No.19602496

>>19601802
For real? Im also in GA and it said it wasn't available in my jurisdiction. did you use the app or website or what? Sort of pissed rn.

>> No.19602699

>>19602496
I used the app on my phone and had no issue.

>> No.19603503

>>19602699
Maybe that's the issue. I used the website. but fuck, if they can't get they're website working for me idk if that's a good sign. Tempted to try the app but I dont like having this shit on my phone. Thoughts?

>> No.19604502

>>19599773
your current earn plans stay the course until they expire, then you are not allowed to lock up more than $500k again.

If you want to life the limit to $1M then buy and stake 5,000 MCO.

>> No.19605664
File: 493 KB, 1080x2340, Screenshot_20200608-201723_Cryptocom.jpg [View same] [iqdb] [saucenao] [google]
19605664

>>19603503
use the app. it works.

>> No.19605827

For the idiots who think CDC is a scam, they are not. I work for one of the top three exchanges for crypto on the planet and they are starting to look at cdc as major competition

>> No.19606226

>>19604502
What is an MCO?

>> No.19606232

>>19605664
How much link do you have? Also charge your damn phone!

>> No.19606303

>>19601401
Why don't you buy $2500 worth of MCO and get 8%? It would pay for itself pretty quick.

>> No.19606334

>>19605664
WTF this shit is crazier and crazier the more I check it out. You can really get 18% interest on staking CRO if you stake $2500 worth of MCO? How the fuck is that sustainable?

>> No.19606547

>>19605827
Lol I literally work at Binance and we are starting to include cdc in the competitor benchmarks

>> No.19606762

>>19606334
I explained this earlier, it's their own token and they release it as inflation whenever they feel like, like binance and BNB. Does the Crypto.com coin name not give it away?

As for the rest of the tokens, they follow the lending market rates

>>19606303
You need 5K MCO (about $26K) to get the 8% rates

>> No.19606809
File: 45 KB, 1125x597, photo_2020-06-09_13-49-12.jpg [View same] [iqdb] [saucenao] [google]
19606809

6 months, give or take....

>> No.19606912

>>19606334
>hey hey heeeeeyy!

>> No.19607064

Why would crypto.com be shilling on /biz/ for more deposits like this, with fake screenshots and all? Could they be running out of greater fools to pay the 6% interests?

Pretty bearish for crypto.com. Looks like the ride may be coming to an end.

>> No.19607095

>>19587099
For reference, I made over 6% on my crypto portfolio today alone, normally 2-4% daily, through trading. 6% in a year is a joke.

>> No.19607192
File: 7 KB, 250x237, 1576503792570.jpg [View same] [iqdb] [saucenao] [google]
19607192

Kek. its bitconnect all over again. Are people just stupid or do they have short memories? or both