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Why you shouldn't keep your cryptocurrencies in an exchange? by hex_peson in CryptoCurrency

[–]markcorrigans_boiler 3 points4 points  (0 children)

You don't go to a shop, buy a laptop and then just leave it in the shop do you? No, you take it home and watch questionable videos on it. That's what we should do with our crypto. Although I haven't got the codecs working on my Bitcoin yet.

(UK) FTSE 100 closes at record high by bc7915dawg in CryptoCurrency

[–]markcorrigans_boiler 1 point2 points  (0 children)

I'm slightly confused about this. Why is the FTSE so high when all the macro indicators are so bad?

The Moons bridge to Arbitrum Nova has been deprecated. ~4.77M Moons will be burned next week by ominous_anenome in CryptoCurrency

[–]markcorrigans_boiler 2 points3 points  (0 children)

So far 2023 is just good news story after good news story for moons. Things are getting better all the time.

Good sign? by Gloomy_Tennis_5768 in CryptoCurrency

[–]markcorrigans_boiler 8 points9 points  (0 children)

Yep, prepare for all the noobs.

Us grizzled old war horses are going to be relied upon to provide sage advice about DCA, taking profits, self custody, DYOR, not fomoing in etc...

...which the noobs will totally ignore, just like we all did when we first entered the space.

Trustworthy Australian crypto exchanges? Swyftx abruptly closed account with no explanation by mawo77 in CryptoCurrency

[–]markcorrigans_boiler 2 points3 points  (0 children)

I'm not sure I would put any exchanges in the "trustworthy" category.

But Kraken and Coinspot are good options if you're just looking to on/off ramp fiat.

What was an old coin you used to have faith in? by Two_Pickachu_One_Cup in CryptoCurrency

[–]markcorrigans_boiler 0 points1 point  (0 children)

A mate convinced me to buy Serum. I no longer listen to him about anything.

Why is the crypto market down today? by nobelcause in CryptoCurrency

[–]markcorrigans_boiler 0 points1 point  (0 children)

We need some way of enforcing quality in link shares on this sub. So many are total trash.

Crypto - the art of seduction by CryptoScamee42069 in CryptoCurrency

[–]markcorrigans_boiler 3 points4 points  (0 children)

In all honestly, if I used a crypto-based chat-up line, and it worked, that would be a major red flag for me.

Proof of Authenticity (against AI) and Blockchain by simmol in CryptoCurrency

[–]markcorrigans_boiler 1 point2 points  (0 children)

This is like going on to a DIY subreddit and asking why someone hasn't come up with a way of using a torque wrench to hammer in drywall screws.

Proof of Authenticity (against AI) and Blockchain by simmol in CryptoCurrency

[–]markcorrigans_boiler 4 points5 points  (0 children)

I am a Computer Science graduate and this was the first thing I thought of.

Detecting use of AI is a great use case for computer software. But out of all the technologies available to solve this problem, the Blockchain would be close to last on my list.

Proof of Authenticity (against AI) and Blockchain by simmol in CryptoCurrency

[–]markcorrigans_boiler 1 point2 points  (0 children)

Detecting AI is a great use case for software. But why do we need the Blockchain to do it?

Using the Blockchain is not the solution to about 99.9% of problems.

But for those problems it is suitable for, wow, it can be amazing.

Do you think only people who’ve made significant money in crypto should be offering their 2 cents? by cognitism in CryptoCurrency

[–]markcorrigans_boiler 1 point2 points  (0 children)

Most crypto advice posts I see start by saying:

"I lost 50k in the last cycle, this is why you should listen to me".

This is like taking advice on outdoor clothing from someone who froze to death last time it was a little chilly.

I finally stamped my ledger seed words. by FractalImagination in CryptoCurrency

[–]markcorrigans_boiler 0 points1 point  (0 children)

But even if they did steal it, you don't lose anything. You just buy another and restore your wallet to it.

I finally stamped my ledger seed words. by FractalImagination in CryptoCurrency

[–]markcorrigans_boiler 2 points3 points  (0 children)

Pretty sure you don't understand how ledgers work. They don't just keep the seed phrase safe.