The post at the very bottom of this one talks about a scam that has been going around in the crypto space for quite some time now.
Basically someone (a scammer) asks you for help withdrawing their funds out of their account and they have you withdraw the funds into your account and then send it back to them typically through another transaction method. A lot of times the person will offer you a reward if you do it like 5% of the transacted funds for example.
Now this may sound fine but this is very much a scam. The scam part comes in once you send the person their money back, more specifically when you pay the transaction fee. The transaction fee is just a small amount of Ethereum (0.001 - 0.05 ETH depending on the amount transacted), but the scammer uses a script to make that transaction charge you over and over again with all the extra ETH going to the scammer. This transaction keeps repeating until you run out of ETH.
The post below goes into much more detail about this scam if you want to read more.
I NEED HELP WITHDRAWING MY FUNDS 😭😭😭 I have 20.000 USDT so far, but I can't withdraw... HELP
Be careful my friends, this is a SCAM. The clever one if I should say.
Long story short, I found someone a while back that asking someone to withdraw their funds from their OK wallet.
They write down the private keys into the post (something that obviously anyone won't do) and ask help on how to withdraw. If you log into the wallet using the private keys the person provided, the money is LEGIT in there, 20.000 in USDT.
So how did this scam played out? The scammer will bait out you into withdrawing their own funds into your wallets, I mean who would just let go a chance of getting 20k of USD for free? No one!
But in order to get those USDT you need some ETH to withdraw from that wallet into the exchange (let's say the USDT was in ERC-20 Network, this could happen in other net as well). And what's the twist???
When you deposited your ETH to this wallet for gas-it's not much, usually 0.001 ~ 0.05 ETH-IT WILL INSTANTLY EAT YOUR ETH USING A SCRIPT, so you lost that ETH forever.
Now from the amount perspective it's not much, however if the transaction is repeated over and over again... 🤑🤑🤑🤑
Here's an example of the address that carry the scam, it has baited people for over 25.000 times!
So, I hope you got something from this post. Be aware of scam, don't give your private key to anyone and don't get baited into some kind of free stuff. Stay SAFU. And may all of us have a good luck.
🔥WHEN WILL THE MARKET RETRACE BACK UP AFTER THE RECENT CRASH?🔥
Very recently the crypto market has been experiencing a crash with the price of $BTC dropping by $5,000 and the price of $ETH dropping by $400. Not to mention the other hundreds of crypto currencies that experienced a drop in price along with these two major coins.
This market crash may seem like a bad thing however, the crash was very much expected by a lot of crypto enthusiasts. It's hard to tell exactly when the crash will end, but what we do know is that the price of $BTC could potentially drop all the way down to $58,000 during this crash. The price of Bitcoin could also potentially not continue to drop at all and instead retrace back up.
Its very clear that at the moment the market is very indecisive and typically when a market is indecisive its not a very good time to invest. As for when the market will retrace back up, as I said earlier its very hard to tell but what we do know its that the market is very likely to retrace back up before the Bitcoin halving. We know that the market will retrace back up before the Bitcoin halving in April however, there are no other current indicators which tell us exactly when the market will retrace back up.
This Is Not Investing Advice, Rather It's Just My Analyzation Of Recent Events.
3 months ago Davinci Jeremie, the same man who predicted that $BTC would skyrocket when the price was at 1$, predicted that the price of Shiba Inu would experience an increase of up to 500%. This prediction turned out to be correct however, there have been speculations that the price of the token will continue to rise.
Many high level crypto enthusiasts believe that the price of $SHIB will continue to rise over the next years, and the token may even make the next millionaires.
However, there isn't enough information out there to be sure about this prediction just yet.
Recently the price of $BTC has been skyrocketing, so much so to the point where the price of the token has reached a new ALL TIME HIGH.
Roughly 14 hours ago the price of Bitcoin hit $70,000, passing the previous all time high however, the price retraced back down shortly afterwards. The price of the token is currently sitting at about $68,000.
With the Bitcoin halving coming up a lot of people are trying to figure out when bitcoin will crash, or if it even will. Typically before every Bitcoin halving there is a 20% drop in the price of the coin, but some people are starting to believe this drop will not occur this time around.
If this is true that means the price of Bitcoin will continue to rise until the it skyrockets due to the halving however this is just a theory.
Do You Think Bitcoin Will Crash Before The Halving In April?
With the price of the biggest crypto currencies such as $BTC and $ETH significantly rising every single day, the main question on everyones mind is when will it stop.
The current most popular answer to this is that Bitcoin will continue to rise until the price reaches roughly 69K. Once it reaches this number the price of the token will drop around 20%, and when Bitcoin falls, everything else falls with it.
For the most part this is a bad thing as it is going to be rather difficult to predict when the price of Bitcoin will drop, and this will lead to a lot of traders selling their tokens too early, and therefore missing out on potential profits. However, this also comes with some good news.
With the Bitcoin halving just around the corner, if the prices of the main crypto tokens on the market decrease before the Bitcoin halving then this will open up a huge money making opportunity as traders will be able to invest when prices are low before the prices shoot up as a result of the halving.
This is not investing advice, just my personal thoughts.
There is a cryptocurrency known as GALA/USDT which has potentially to provide us with a major money making opportunity.
The price of $GALA has been plummeting over the last of year. but recently the price drops have began to slow down and the price of the GALA token seems to be on the rise again.
The pattern that the price dropped in left the coin with a bunch of liquidity that needs to be cleared, and this liquidity can only be cleared by a price increase. And on top of this since the price of the token dropped so fast there are no resistance barriers for another while. This allows the price of the token to freely rise.
This information is all being analyzed using the 1 week time frame, meaning it may be a while before the coin starts rising and the price of the token may even go lower before the price rises.
Over the last couple of hours the crypto market has been generally experiencing a bearish trend, and with the Bitcoin halving coming up you might be asking yourself if it is currently a good time to buy.
Well the market seems to be a bit shaky right now and it could potentially follow this same bearish trend for a longer period of time therefore it may be smarter to wait just a little bit longer before buying. However, there is no guarantee that the bearish trend will continue which is why I would say its a better idea to buy now just to be safe.
You might end up losing a bit of money at the beginning if the bearish trend continues, but since we know the market is soon going to experience a bullish trend anyway because of the $BTC halving then it is a much better idea to invest now so you don't miss out on any potential profits. This is not investing advice, its just my personal thoughts.
If you would have invested just $50 into Bitcoin on the first day of the crypto currency's launch, here is how much you would have profited if you sold it today.
The starting price of Bitcoin when it was first launched on January 3rd 2009 was $0.0009 per coin. If you had bought $50 worth of Bitcoin on this exact day then you would have approximately 55,555.5 Bitcoins.
As of February 23 2024 (todays date) the price of $BTC is $51,247, meaning that if you had invested $50 dollars on the very first day and sold today then you would have made approximately $2847052658.5 in profit (almost 3 billion dollars in pure profit). This represents an increase of 6172830000% (6 billion percent increase).
However, if you would have bought $50 dollars worth of Bitcoin on the first day and sold it during Bitcoins all time high, when the price was approximately $69,000, then you would have made $3833329450 in profit (almost 4 billion dollars in pure profit).
Binance has just announced the launchpool for the new token coming to Binance, Portal. This token is based on a cross-chain gaming platform with a mission to onboard more players to Web 3.0.
The token will be listed on Binance on February 29, at 10:00 AM (UTC). You are currently able to stake other crypto currencies such as $BNB and $FDUSD to farm the token, and you will be able to continue to do this for the next 6 days and 9 hours.
Since the launch of $PIXEL the crypto market has seemed to be generally trending downwards. Now this isn’t necessarily related to the launch of PIXEL, but it wasn’t very good news for crypto enthusiasts.
However, the crypto market is currently retracing back up and it’s expected to continue to rise past previous highs.
The price of $PIXEL has dropped since the day it launched however, now may be a good time to buy PIXEL. Since the price of the token has retraced back down, it is likely that there will be a wave of new buyers purchasing PIXEL, causing the price to rise.
This is not Financial advice but I would love to know your thoughts on the topic so feel free to leave them in the comments.
Through the use of chart analysis, we can determine that the price of $ETH is going to experience a rather major increase in the coming weeks.
If you look over at the 2 parallel lines towards the bottom of the chart, you will see that since 2022 the price of Ethereum has stayed within those 2 lines, but the token has just recently broken out of these 2 parallel lines a few days go, not to mention the multiple resistance barriers the token has recently broken through. The line in the middle is the most recent resistance barrier the token has passed and the highest line is the next resistance barrier.
If the tokens price were to go down, it is highly unlikely that the price would fall lower then the middle line, making the risk to reward ratio heavily in our favor. If the price goes up, which is VERY likely, then theres nothing stopping it from continuing to rise all the way until it reaches the top line (the next resistance barrier).
Approximately 1 hour ago $PIXEL was released on Binance and since then the price of the token has sky rocketed upwards.
PIXEL has experienced a 1200% increase, 1100% of that being within the first second. This means if someone had purchased 100$ worth of PIXEL within the first second, then their 100$ would have turned into 1200$.
In just a mere 15 minutes the $PIXEL token will be released on Binance, giving us free will to purchase the token.
If you plan on buying some $PIXEL coins make sure you have the amount of money you plan on putting into $PIXEL prepared. Trust me, you don’t want to miss out.
Be Sure To Share Your Thoughts on What You Think the Starting Price Of $PIXEL Will Be.
If you haven't already heard by now $PIXEL is going to be released on Binance on February 19 10:00 AM (UTC). $PIXEL is a crypto currency based on the game "Pixels", a blockchain based browser game. $PIXEL PRICE PREDICTIONS While no one knows what the exact price of the token will be, there have been some educated guesses throughout the community. High level Pixels players are selling their $PIXEL on WhaleMart for prices they assume will be the $PIXEL launch prices.
WHAT WILL HAPPEN TO THE $PIXEL PRICE AFTER THE INITIAL LAUNCH? During the initial launch the price will definitely rise by a significant amount, just like what happened with $ALT during its initial launch. However, after the initial launch $PIXEL is very likely to experience a pull back, just like we saw with ALT. Its hard to tell exactly what will happen to the token afterwards so we will just have to wait and see.
HOW WILL THE CRYPTO MARKET REACT? The most logical answer to this is that most crypto currencies will experience a slight downward spike with the initial launch of the token, especially the bigger crypto currencies. This is because most people believe that $PIXEL will experience a large upward spike during the initial launch, and therefore people are likely to sell their other crypto currencies in order to purchase some $PIXEL coins, leading to sudden downward spikes across the crypto market. This will cause some fluctuation in the crypto market, but don't expect anything major. In conclusion $PIXEL will be a pretty big token at launch, but after the first few days the token will become one of the more smaller tokens listed on Binance like $CFX or $ALT . Tokens like this are occasionally talked about but they are rarely ever in the main spot light. Share Your Thoughts #Write2Earn#Pixels#BTC#ETH
With the launch of the $PIXEL token just around the corner, there have been some speculations about what is going happen to the rest of the crypto market when the token launches.
No one truly knows exactly what will happen to the crypto market when the token launches, BUT the most logical answer to this is that most crypto currencies will experience a slight downward spike when the token launches (especially the bigger currencies). This is because most people believe that $PIXEL will experience a large upward spike during the initial launch, and therefore people will most likely sell their other crypto currencies in order to purchase some $PIXEL coins, leading to sudden downward spikes.
Don't expect the spikes to be too large but there will definitely be some fluctuation in the crypto market.
Typically when the price of $BTC crashes the entire crypto market also goes down with it. This is because Bitcoin is the leading currency of the crypto market and a lot of people typically sell their other coins along with Bitcoin because of this.
With Bitcoin expected to experience a crash where it potentially drops all the way down to 40K, IF Bitcoin crashes then it wouldn't be very surprising if the entire crypto market crashes with it. NOTHING IS GUARANTEED, This is Just an Educated Guess.
With the $PIXEL farming coming to a close, $BNB is expected to experience a major price drop. This is because most crypto traders purchased BNB when the $PIXEL launch pool and farming were first announced in order to stake their BNB and generate $PIXEL coins. However, now that the farming is coming to an end, the crypto traders who purchase BNB at the beginning of the farming are most likely going to sell their BNB as they have no use for it anymore, therefore leading to a $BNB price drop.
I suggest you sell your BNB once the farming is over in an attempt to not suffer from the price drop and instead benefit from the price increase which occurred during the farming.