https://i.redd.it/vchzrojemwuc1.jpeg
Tuesday, April 16, 2024
Monday, April 15, 2024
An older man came into the store I work at to deposit $10,000 into a bitcoin atm, and I decided not to intervene. Should I have?
Context: I’m a cashier at a small grocery store in texas and we have one of those bitcoin atms within eyeshot of the registers. I never really see anyone on it but I’ve heard lots of stories of older people coming in and getting scammed. I’ve heard they’re always on the phone and seem very panicked. Now I don’t know much about bitcoin which means I don’t know what kind of people actually use these or how much money they usually put in.
Now with that out of the way: I clock into work and as I’m walking in I see an older man probably mid 60s wearing a suit and depositing money into the machine. He’s not on the phone with anyone and he seems very calm and collected so I thought “oh look someone’s actually using the machine!” I clock in, talk to my manager, count my till, and realize he’s still depositing money. I’m thinking about saying something either to him or my manager but I don’t bc I’ve never even seen someone use this machine before and don’t know what to look out for.
He finally finishes up and leaves the store and I notice he left behind a $10,000 band from the bank and my jaw drops. Like I said though I don’t know if depositing that amount of money is a normal thing for these machines, or if that was 100% a scam. I’m writing this from my register minutes after the event took place feeling guilty and awful that I didn’t do or say anything to stop it.
I would love to hear anyone’s input and also any potential warning signs/ red flags for looking out for scams on this machine would be greatly appreciated.
Bitcoin (BTC) Halving: A New Chapter in Crypto With the Rise of ETFs
Bitcoin's upcoming halving and the rise of ETFs could reshape investment strategies, potentially offering a competitive advantage in the market.
The 2024 Bitcoin halving, coupled with the emergence of Bitcoin ETFs, represents a pivotal event for the cryptocurrency landscape. Understanding these shifts is crucial for investors and market participants, enabling them to capitalize on emerging opportunities and navigate potential challenges in the ever-changing financial landscape.
Sunday, April 14, 2024
Bitcoin Halving Approaching: Block Reward to Halve in 5 Days
The Bitcoin halving countdown indicates that there are approximately 5 days remaining until the next halving event. This event is scheduled to occur when the block height reaches 840,000, which is expected to happen around April 20, 2024, 12:57 PM CDT. During this halving, the block reward will decrease from the current 6.25 BTC per block to 3.125 BTC per block.
Tim Draper Predicts Bitcoin to Triple in Value by 2024, Citing ETFs and Halving Event as Key Drivers
https://www.cryptointelligence.co.uk/tim-draper-predicts-bitcoin-to-triple-in-value-by-2024-citing-etfs-and-halving-event-as-key-drivers/
Saturday, April 13, 2024
📉 Memecoin Market Meltdown: Geopolitical Tensions Spark Investor Exodus! 💥 04/13/24
Hold onto your hats because the memecoin market is in turmoil! 🌪️ Recent geopolitical tensions have sent shockwaves through the crypto community, triggering a massive 18% decline in memecoin market value. Here's the lowdown:
Memecoins Take a Beating:
- Dogecoin, the beloved memecoin, took a hit with a 14.5% drop in just 24 hours, while Shiba Inu plummeted by a staggering 20%.
- Even lesser-known memecoins like PEPE and dogwifhat weren't spared, experiencing a sharp 23% decrease. It's a stark reversal from the early 2024 memecoin hype to a more bearish sentiment among traders.
Bitcoin's Bumpy Ride:
- As if that wasn't enough, Bitcoin stumbled amidst the chaos, dipping below $70,000 and hovering around $60,000, marking an 8.5% drop. The current trading price of Bitcoin sits at $62,845, reflecting the broader trend of investor flight from risk-prone assets amid geopolitical strife.
Key Takeaways:
- Memecoins are taking a hit in both price and market cap.
- Geopolitical tensions are driving investors away from volatile assets like cryptocurrencies.
- The looming US tax deadline is adding to the downward pressure on crypto prices.
- But hey, there's a glimmer of hope! The upcoming Bitcoin halving event might just turn the tide for the crypto market.
So buckle up, folks! The crypto rollercoaster is in full swing, but as always, stay informed, stay vigilant, and HODL strong! 💪🚀 Let's hear your thoughts below! 💬
Bitcoin price falls to $65K as $400M crypto market liquidation rocks BTC and altcoins
https://cointelegraph.com/news/bitcoin-price-falls-to-65k-as-400m-crypto-market-liquidation-rocks-btc-and-altcoins
Subscribe to:
Posts (Atom)