What's your crypto nightmare?

rabel

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Let's say USA announce some shit to block crypto, do you think USDT/USDC become nothing?
 
Lol. Already happened. 18BTC to hash ocean years and years ago.
 
Saudi Arabia one fine day waking up to decide to sell oil for Chinese Yuan instead of US dollars, would see the US dollar going down to zero. ONLY then can USDT, USDC, etc go down to zero.
 
Too many, too scary, don't want to think about them. I have way too much of my net worth in crypto.
 
All crypto going to zero

All the crypto i own going to zero

The crypto i have most invested in going to zero

My cryptos going to hackers

Me dying all of a sudden

Seeing horror movie villains next to me in my bed as soon as i turn on the light...and torturing my crypto out of me

Many nightmares :'(
 
It's not my personal story, but if anyone has a few minutes I'll share this to spread awareness that even people who are (at least relatively smart) can be scammed by people looking to take advantage of vulnerabilities. I'll preface this by stating that I do not participate in mining pools myself, so pardon any potentially ignorant details.

A friend of mine who is pretty successful in an admirable industry recently got out of a long-term relationship and worked his way back to Tinder. He matched with a few girls, but there was one in particular that was really sweet and interesting, and she was into crypto of course. Over the course of a few weeks (this is important to note - WEEKS), she gained his trust to the point he at least listened to her talk about the different mining pools she was in and such. He suspected she might have been a scammer at one point, but she was able to provide proof to him that she was real - and she was gorgeous (videos holding a sign with his name as she audibly said it, full faced nudes with his name on her chest, etc), so he eventually grew to trust her.

He joined a mining pool she was in, and made some money. He continued investing, and got to a point to where she was loaning him fairly large amounts of money at low interest to reach reward thresholds, and then he'd pay her back once he got his rewards. This went on a few cycles until she and the pool disappeared when he was set to receive his biggest payout.

Thankfully my friend didn't have his life-savings tied into this, but he definitely will be spending some time licking his wounds as his broken-hearted cynicism grows. He's a smart guy, and he fully realizes now how foolish it was to participate in this, but he was purposely targeted for being recently single - desperation that a scamming team was ready to capitalize on.

Be smart, don't let your emotions cloud your judgement.
 
Well, USDC is more reliable than USDT in my opinion.

If you're asking for both, I think they'll stay, as the countries are looking for the ways to regulate everything, I think it's not going anywhere soon.
 
It's not my personal story, but if anyone has a few minutes I'll share this to spread awareness that even people who are (at least relatively smart) can be scammed by people looking to take advantage of vulnerabilities. I'll preface this by stating that I do not participate in mining pools myself, so pardon any potentially ignorant details.

A friend of mine who is pretty successful in an admirable industry recently got out of a long-term relationship and worked his way back to Tinder. He matched with a few girls, but there was one in particular that was really sweet and interesting, and she was into crypto of course. Over the course of a few weeks (this is important to note - WEEKS), she gained his trust to the point he at least listened to her talk about the different mining pools she was in and such. He suspected she might have been a scammer at one point, but she was able to provide proof to him that she was real - and she was gorgeous (videos holding a sign with his name as she audibly said it, full faced nudes with his name on her chest, etc), so he eventually grew to trust her.

He joined a mining pool she was in, and made some money. He continued investing, and got to a point to where she was loaning him fairly large amounts of money at low interest to reach reward thresholds, and then he'd pay her back once he got his rewards. This went on a few cycles until she and the pool disappeared when he was set to receive his biggest payout.

Thankfully my friend didn't have his life-savings tied into this, but he definitely will be spending some time licking his wounds as his broken-hearted cynicism grows. He's a smart guy, and he fully realizes now how foolish it was to participate in this, but he was purposely targeted for being recently single - desperation that a scamming team was ready to capitalize on.

Be smart, don't let your emotions cloud your judgement.
This is quit a crazy story, which country is your friend from that this happened too?
 
This is quit a crazy story, which country is your friend from that this happened too?
It is crazy indeed, and it's happening to more people than you might expect. You can search for this exact scam and see many similar reports. My friend is in the US, the girl was supposedly living in New York, recently immigrated from Korea. Seems scammers almost always claim to live in New York, Texas, and California.

One important note I neglected to mention initially is that my friend never met this girl in person, which is a red flag in itself.
 
It's not my personal story, but if anyone has a few minutes I'll share this to spread awareness that even people who are (at least relatively smart) can be scammed by people looking to take advantage of vulnerabilities. I'll preface this by stating that I do not participate in mining pools myself, so pardon any potentially ignorant details.

A friend of mine who is pretty successful in an admirable industry recently got out of a long-term relationship and worked his way back to Tinder. He matched with a few girls, but there was one in particular that was really sweet and interesting, and she was into crypto of course. Over the course of a few weeks (this is important to note - WEEKS), she gained his trust to the point he at least listened to her talk about the different mining pools she was in and such. He suspected she might have been a scammer at one point, but she was able to provide proof to him that she was real - and she was gorgeous (videos holding a sign with his name as she audibly said it, full faced nudes with his name on her chest, etc), so he eventually grew to trust her.

He joined a mining pool she was in, and made some money. He continued investing, and got to a point to where she was loaning him fairly large amounts of money at low interest to reach reward thresholds, and then he'd pay her back once he got his rewards. This went on a few cycles until she and the pool disappeared when he was set to receive his biggest payout.

Thankfully my friend didn't have his life-savings tied into this, but he definitely will be spending some time licking his wounds as his broken-hearted cynicism grows. He's a smart guy, and he fully realizes now how foolish it was to participate in this, but he was purposely targeted for being recently single - desperation that a scamming team was ready to capitalize on.

Be smart, don't let your emotions cloud your judgement.

and she was gorgeous (videos holding a sign with his name as she audibly said it, full faced nudes with his name on her chest, etc), so he eventually grew to trust her.

Maybe don't let your dick cloud your judgment.

Maybe not, I don't know, I'm just here existing :D
 
Maybe don't let your dick cloud your judgment.

Maybe not, I don't know, I'm just here existing :D
That is for sure the takeaway for this example. Even though I recognized the scam in his story as soon as he revealed the earliest details, I definitely wasn't surprised to see they were able to get it to work on a lot of dudes out there. Hell, there's girls making plenty of money showing their body even without scams involved. Our monkey brains (aka dicks) sure can be...simple.

Still though, scammers are creative, there's undoubtedly going to continue to be creative ways for them to find incentives that will work via other avenues very similarly I'm sure. Cloud mining is becoming a popular legitimate alternative for people who aren't able to physically mine themselves, but along with it all the potential scams too. I wouldn't be surprised if cloud mining scams become as popular as influencer-boosted "moon shot" rug-pulls (if they're not already, who knows)
 
There are many different types of stablecoins, and now that there is Terra stablecoin that is backed by bitcoin, I think that crypto users will prefer stablecoin that is backed by bitcoin over other stablecoins.
 
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