What's up With GME and Loopring (LRC)? Full explanation on both!

Many of us have heard about the potential GME partnership with the cryptocurrency Loopring, but do not have any idea about why this could be a game changer for both GME and Loopring.I have tried my best to provide a clearer breakdown to help anyone trying to understand why many of us are very excited by the news that GME maybe have partnered with Loopring.What is Loopring?Loopring is an Ethereum Layer-2 scaling protocol that enables the building of decentralized exchanges, which rival centralized exchanges in terms of performance. It allows users to trade without the need for a custodian or intermediary. A decentralised exchange allows users to trade their assets (normally cryptocurrency) without having the need to fill out KYC regulation forms.Loopring has a cryptocurrency token which goes by the symbol LRC. Loopring has currently an exchange built (https://ift.tt/3nNgnAL), an smart wallet to hold your cryptocurrencies in, and aims to become the leading user-facing financial services application in the world.What’s Ethereum?Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. Its token is goes by the symbol ETH. Ethereum allows you to move money, or make agreements without directly having to go to someone else (No need for banks or payment providers). The middleman is taken out of the picture. It is decentralised – meaning it makes it nearly impossible to stop you from receiving or using services on Ethereum. All transactions are stored on an electronic ledger, allowing you to keep track of all your transactions. It is also the main network for NFT’s, which are taking the world by storm (see below for more information on NFT’s.)Ether (ETH) is the main token of the Ethereum blockchain and acts as the primary “fuel” that powers all activity on it. Ethereum uses “Gas” for transactions. ‘Gas’ refers to an amount of ether that’s needed to perform a certain function on the network.Ethereum is the second biggest cryptocurrency, just behind Bitcoin. It is known as the financial cryptocurrency of the world. It is expected to overtake Bitcoin (also known as the ‘flippening’) and should become the number one cryptocurrency used worldwide.Companies Who Are Bullish on Ethereum: Google, Tesla, Square, PayPal, ARK, Mastercard, MetLife, Cisco, BP, Accenture, Microsoft, IBM, JPMorgan Chase, Deloitte, Barclays, UBS, Credit Suisse, Amazon, Visa (the list goes on and on).While I could go on about the large list of functions Ethereum has, I think a brief outline above gives a clear meaning to what is Ethereum.The Problem with EthereumAs there are millions of users using Ethereum, ‘Gas’ prices can rocket, meaning that it can be very expensive to buy or sell cryptocurrency.Ethereum is a Layer 1 Protocol, and this means gas prices can skyrocket if lots of people are buying and selling cryptocurrency at the same time. It is based on supply and demand. The more demand, the most costly it is for someone to carry out a transaction. The Ethereum network picks the transaction with the highest gas fee, and processes the transaction in that order. This means transactions for users who pay a lower gas fee can take much longer to process (hours, or days).How much gas you pay for each action on the Ethereum blockchain is calculated based on two things:Gas cost x Gas price = Cost of an operation on EthereumHigh gas costs are the biggest issue users who buy and sell cryptocurrency face with Ethereum, as the costs are too high.If the problem of high Gas fees can be solved, the usage of the Ethereum network will rocket to unprecedented levels.How do you fix the Gas problem? Where does Loopring come in?As Ethereum is a layer 1 protocol, it sends transactions one by one. This puts a lot of strain on the Ethereum network, and therefore, the network prioritises those who are willing to pay a higher ‘Gas’ fee. We can fix this by using a Layer 2 Protocol.Loopring is a Layer 2 Protocol.Loopring uses a scaling solution called ‘zkRollups’. This is where Loopring bundles lots and lots of transactions together off-chain, before submitting them to the Ethereum network as a single transaction. This means less strain is placed on the Ethereum network, and therefore makes trades on Loopring much faster and cheaper.Its innovative use of zkRollups allows it to achieve higher throughput and lower costs than any other decentralized exchange built on the Ethereum blockchain, while its non-custodial technology presents an improvement to the security of centralized exchanges.This means you only have to pay fees when interacting with the Ethereum chain directly — including deposits, withdrawals, and registering a new account. Trades and transfers made within the Loopring zkRollup do not require any gas (and are nearly instant). This makes your transaction costs much lower than anywhere else.Loopring also benefits from the security of the Ethereum network, but also enhances user protection. Unlike most other cryptocurrency exchanges, if anything ever happened to Loopring, your funds are always safe and withdrawable back to Ethereum, even if Loopring does not exist.Ethereum’s Founder Billionaire Vitalik Buterin says ‘Layer 2 Solutions Are the Future of Ethereum Scaling’. He also mentioned NFT’s need to move on to Layer 2 solutions to cut fees.This is what makes Loopring so valuable.Best places to buy Loopring (LRC)It is available to purchase on the following exchanges, just to name a few:LoopringCoinbaseUniswapMatchaThere are many more exchanges, but these are the most common exchanges. Loopring and Coinbase are the most recognised.What are NFT’s?NFT’s (which GME is aiming to roll out) are currently taking the digital art and collectibles world by storm. NFTs are tokens that we can use to represent ownership of unique items. They let us tokenise things like art, collectibles, even real estate. They can only have one official owner at a time, and they're secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.NFT’s are currently selling for large amounts of money. For example, a collection of 10000 NFT’s ‘sold’ for $530 million.Where does GME fit into all of this?GME is creating a NFT marketplace. You can see this here: https://ift.tt/3Bww5oM GameStop can establish themselves as owners of a leading global NFT marketplace, it will create an incredible new revenue stream for Gamestop, and hopefully this will reflect on the share price.Web 3, Ethereum, Cryptocurrency and NFT’s are the future, and GME have placed 8 job adverts looking for workers with experience of “Ethereum, NFTs and blockchain-based gaming platforms.”If GME gets this correct, this could mean be very bullish.GME and Loopring – why is everyone getting excited and buying Loopring and more GME?If GME is using Loopring’s technology to power their NFT platform, they won’t just be providing a basic NFT platform to GameStop users.GameStop would be combining the speed, security and reliability of Loopring’s Layer 2 platform protocol, with the worldwide audience GME has. It allows GameStop to become dominant in the NFT space, and with the NFT space expected to grow, this can only be good news for GME’s share price.Its like combining the Rolls Royce of Layer 2 protocols, with the bullish potential of what GME could evolve into. It means GME is working with one of the best in the game, and this will attract users to use the potential platform, as they can benefit from lower fees, fast transactions, and world class security.Loopring has announced they are working with a "partner" to developed an NFT marketplace, and it aims to release the news in Q4 2021. This lines up with the rumoured launch date for the GameStop marketplace.GameStop’s Head of Crypto used to work at Loopring, which further enhances the rumours that a partnership is coming. This, along with the code found in Loopring’s GitHub, outlining the GameStop API, is bullish both for GME and Loopring.What do I think will happen?Of course, these are my thoughts and make sure you DYOR. I think Loopring will rise anyway. It’s all time high was over $2.40, and is currently sitting at $0.56. With GME and if the partnership is confirmed, I believe it could rocket to a top 10 cryptocurrency coin between $30-$50+ a coin or even higher, which is why I hold Loopring (LRC). I believe it’s going to rocket up in value, and if GME does partner with them, it’s going to moon hard! Loopring is also valuable as it deflationary. This means the total LRC supply decreases over time which can impact Loopring’s token price and market cap positively. With cryptocurrency, volatility is why people invest in it. When something moons, it goes to unbelievable levels - just look at Bitcoin and Ethereum.For GME, I think having such a solid infrastructure shows growth, and will allow GME to establish themselves as a global leader in the NFT space. This should propel GME’s share price much higher. By diversifying into NFT's, with an incredible layer 2 protocol behind it, Gamestop will be able to benefit from its partnerships with Hasbro and Microsoft, allowing it to become dominant in the NFT space. With many game studios looking for a solid NFT marketplace to mint their NFT's, a successful Gamestop NFT marketplace would be the perfect place for them to do this, thus bringing in huge revenues for Gamestop.I hope it helps clear things up a little better for everybody wondering why GME and Loopring could be huge news for both.(I came across this post on Superstonk by Redditor Delvo14827 could not crosspost so copypasted it)

Submitted November 01, 2021 at 02:51AM

Is Cardano worth the hype, or am I better off staking elsewhere?

I've been hodling ETH for a couple of months, so I'm definitely happy with the recent bull market and all the attention crypto's been getting. Naturally, I want to try and diversify my portfolio, and I keep on reading about Cardano whenever I try to research. I don't quite understand the hype though.I know that an Ethereum co-founder created Cardano, and it wants to have a more academic approach to the blockchain space (if my understanding is correct). But I'm not sure if there's more I should see to understand what makes it so exciting for investors. Is ADA really worth staking or am I better off just continuing my hodling ETH? If not Cardano, should I try another platform or blockchain? Thanks!

Submitted November 01, 2021 at 08:05AM

SAMO - Solana's Biggest Community Coin

///NOTE: This post did so well in r/Solana - #1 Hottest post - that I felt people in this subreddit might also find the info useful. Thanks for the support all 🔥///We're all aware of the dog coin hype at the moment, so I thought it was worth making y'all aware of what's happening with Solana in this space.DOGE is to Bitcoin as SHIB is to Ethereum as SAMO is to Solana.If you're bullish on SOL, and you missed the train on the first two, then this is a good way to get in early on the Solana ecosystem's biggest community coin, and #4 biggest meme coin in the entire crypto space (yet only $0.4bn market cap).The Dev Team's aspiration and the current vibe in the subreddit is community-focus and utility - not just a pump-and-dump meme "moment". There's tons of stuff happening in the space: 1) 500M coin burn on a random day each month for the next 6 months, 2) SAMO NFTs to be released with buy-back and burn mechanism built in, 3) Metaverse projects coming soon, 4) A super motivated and efficient dev team who were heavily involved in Solana's recent Ignition Hackathon.The community's super friendly and welcoming at the moment, so post in the r/SamoyedCoin subreddit if you have any questions ♥️I strongly believe that (however you feel about meme/dog coins) the hype from SAMO could be a fun yet powerful advertisement for the Solana blockchain - which as we all know is the fastest blockchain existing right now. It was my first time actually using the Solana blockchain and Phantom wallet (outside of CEXs) and I was blown away with how simple it is. If it can do this for me, who was already a SOL advocate, then it can definitely do this for millions more users.As the fastest and cheapest to transact dogcoin existing right now, this should be all the info you need to make the call. See you there 🐾NOTE:SAMO's available on ORCA, Raydium, STEP and (as of a few hours ago) gate.io and (just now!) MEXC GLOBAL. You can also use Jupiter Aggregator to compare the best prices. I've also just been informed by a commenter that you can use the Coin98 mobile app to transfer SOL to and get SAMO, if you don't want to deal with web browsers for your DEX swapping!

Submitted November 01, 2021 at 06:04AM

The Metaverse is coming and we still have a chance to change our lives forever.

I've recently made a post about being late at CryptoCurrencies.If you're reading this, there is a chance you've missed BTC below $5K and you've missed CryptoPunks and BoredApeYachtClub. (if you caught them, I am truly happy for you.)Now... with Facebook changing his name to META (clearly referring to the Metaverse), we will probably face mass adoption / huge interest from the average population.I can see META developing his own thing (not built on blockchain - CeFi.) while the DeFi Metaverse will grow on the Ethereum blockchain.If we're able to catch the right projects, this can be it. I'm looking at BlueChip NFTs that will take part into the Metaverse, I'm looking at Gaming Projects like The Sandbox and Decentraland.My focus has shifted almost entirely into studying and researching Gaming. As an -ex CallOfDuty competitive player I'm really looking forward for what's about to happen and I won't find myself unprepared this time. Are you?

Submitted November 01, 2021 at 03:53AM

What made you finally dip your toes in cryptocurrencies

I've been interested and kept hearing about this new technology for a while but somehow never got into it for some reason.For me the tipping point that pushed me into crypto was a single post that randomly showed up on my Reddit while I was browsing for some skate videos. If I recall correctly it was an analysis of Ethereum and how it could scale up in the future. I was on the toilet at that time and I tried reading it but I had no clue what that dude was talking about so I swiped back to this sub where the post originated from and started seeing all those funny pictures about crypto. From those picturememes I started to get interested in the background of them and eventually started reading more and more about crypto. Those were the very reason I made my first investment. I know it's a completely stupid reason but its the truth.What was your tipping point that got you in?

Submitted November 01, 2021 at 05:04AM

Daily Discussion - November 1, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.Disclaimer:Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.Rules:All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.Discussion topics must be related to cryptocurrency.Behave with civility and politeness. Do not use offensive, racist or homophobic language.Comments will be sorted by newest first.Useful Links:Beginner ResourcesIntro to r/Cryptocurrency MOONs 🌔MOONs Wiki Pager/CryptoCurrency Discordr/CryptoCurrencyMemesPrior Daily Discussionsr/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Submitted November 01, 2021 at 07:00AM

If you are poor, crypto may be your best chance to win the most important thing: time

Crypto may help us to get out of poverty just like some jobs can do but, if you are poor, be honest: working 40 hours a day is not sustainable.I wish to see my children grow up and to have time to pursue my passions. Yes some jobs may allow me to retire early if I don't die because of the dangerous aspects of the job but frankly I want my time to be mine and working to be a choice.I wish the best forbhard workers but salaries are not giving me the hope to sustain a famillybor to buy a house.The only financial hope I have right now lies in crypto.It speaks volume about our world and about the power of crypto.Edit: 40 hours a day, what a bufoon am i? Yet I won't change it and I'll own this utter stupidity. Shame on me

Submitted November 01, 2021 at 02:23AM

DO NOT buy SQUID - big scam

https://ift.tt/3q2gN98 long story short, you can buy SQUID but can't sell it. It may look like an amazing investment with the crazy growth but it is a huge con. Let me explain what the article says:On PancakeSwap you can buy into SQUID, but not sell. You can only sell when you have Marbles. Marbles are only earnable through playing the game You use your SQUID to 'buy in'. The first level buy in is 456 SQUID which at the current price of $37 each is $16,872 in total. All this just to play level one where you can lose it all.Clearly people are buying in on the hype, getting suckered and then buying more in the hope of getting out, driving the price up. They see their asset being worth potentially millions and then buy to try and get out but are stuck in an endless loop of horror.Having watched the series, it weirdly reflects the show quite well, but please don't get suckered in by this and avoid at all costs!

Submitted November 01, 2021 at 04:09AM

I didn’t realize how much I didn’t know until I started reading the content on this sub

Whatever individuals might say, I have learned a lot by reading on this sub.When I became active, I didn't know that the content on this sub would open my eyes.Every day I would search on google definitions of words or sentences that I would read on this sub.And it helped me a lot.The best thing is that for a good part of the questions that interested me, I could only google and type in the name of this sub. In most cases, I would find what I'm looking for right away.Also there has not been one question that I asked without getting an answer to it.I recommend all beginners to pay attention to quality posts on this sub, if you really want to learn, this sub is a very good source of information.

Submitted November 01, 2021 at 03:31AM

What will happen, when Bitcoin crushes the $100k barrier

PlanB's prediction for this month is $98k, for December it's $135k. Coupled with the development and adoption happening on a global scale, china excluded, there's so much positive sentiment coming, that can push Bitcoin to that $100k.$100k is a huge psychological barrier. Breaking that could open the floodgates to a super cycle bull run.What are the likely outcomes, when Bitcoin does take this hurdle?Btw. according to S2F, Bitcoin will take $1m in summer 2025, so there ain't too much time to sleep at the current levels.

Submitted November 01, 2021 at 03:04AM

People keep buying Squid Game Crypto which is Now Up 110000% without Realizing that they Still cant Sell

https://ift.tt/3vXmLt6!

Submitted November 01, 2021 at 02:50AM

I love crypto. I really do. I just fucking hate the majority of crypto 'investors'.

This is getting out of hand... People call ADA, ALGO and more as stablecoins or claim they are underperforming while they have been up more than double this year. We see BTC do a 100% in a few months and then with a small correction everybody goes pessimistic and loses hope. ETH is on all time high levels and some dare to say the hype is over or there is no bright future ahead of us. The whole market has risen absurdly and October is so fucking green while now we see a tiny correction and suddenly we start the question if we are in a bear market. Shitcoins do a 10x and people fomo hoping for 2x in a day and if that doesn't happen it's a failure. God most of the crypto ''investors'' have become so low quality it even makes me wonder if indeed serious projects will make it through. You should be happy about the crypto market the way it is. It's rising extremely fast and the adoption is huge. We are just heading to a dangerously distorted economic reality.

Submitted October 31, 2021 at 07:29PM

Best “lifehacks” in crypto that everyone should know from the start?

I've been in cryptoverse for a while now and I keep seeing newbies ask for tips in crypto, all from how to buy on DeFi to smaller things. I was wondering, what is the best life hack for you in cryptocurrencies? Anything is fine, from trading, storing, buying, selling, securing, whatever comes to your mind that you'd want newbies to know about. There is a lot of new people here everyday now and I thought that sharing such small life hacks would be nice for them.For me the biggest life hack in crypto I found is using XLM (Stellar Lumens) to move funds around. When I first started trading I used BTC to move funds around and ...that wasn't really smart. Then I heard someone talking about using XLM to move because it's ultra fast and ultra cheap. Best hint I got :)What are your lifehacks in crypto?

Submitted October 31, 2021 at 11:32PM

A Coinbase user lost $11.6 million in under 10 minutes after falling for a fake-notification scam. Security applies to everyone.

https://ift.tt/3EutYnt

Submitted October 31, 2021 at 05:36PM

Will NO sell November hold and come to fruition?

They say buy the rumours and news. People have definately listened and bought in their billions.Difficukt to know with everytjjng going on if its just whales creating stories so they can sell for more profits. That being said, the order books arent full enough to accommodate mass sell offs. Whales dont want to crash their own portfolios or ruin their own future gains. Especially since they like to sell small amounts to accumulate more.Im slightly optimistic but concerned of course that its just a show.Claims are rampant that this years bull run will and has broken the 4 year cycle.What say all of you my fellow crypto heads? Did you buy and will you sell or hold for November?

Submitted October 31, 2021 at 09:32PM

November will bring us the biggest bullrun in the decade!

We all can be very happy to have invested in crypto before November 2021.Once November starts, the bullrun will be so overwhelming that it will be a mark in human history. This will start a golden decade for us all. People in the future who hasn't invested in crypto yet, will all be jealous and envy us who have bought crypto before November. We all will be very fortunate, rich and wealthy.I told you guys and gals last month already that October was just the start. Some doubt that because they were naive and were shocked by the post-El-Salvador crash, but the market recovered very fast. Anyone who bought when I told them about "Uptober" made a lot of profit.Tldr...in November: biggest bullrun humanity have ever seenEDIT 1: Caution: This post could lead to hopium overdose. thanks goes to u/xXxQUICKSILVERxXx for this adviceEDIT 2: thank you all for the awards!!! Let's us all be happy and have a lot of gains together! crypto community strong together! I wish all of your coins to shoot up in price, it will happen!

Submitted October 31, 2021 at 08:23PM

How can I stop looking at charts and prices?

How do you guys prevent yourselves from compulsively and impulsively checking the charts and the prices of the cryptocurrency that you’ve invested in? I find myself downloading new apps and having shortcuts on my computer to see price action and fluctuations.It’s getting distracting even when I’m out and about doing things with friends. I got pings set for 65k ₿ and 5k Eth. There was even a guy who got it to update every second on his Apple Watch. Has everyone here just given up and succumb to their temptations?

Submitted October 31, 2021 at 06:58PM

Stop worrying about Shitcoins, Let's talk about how awesome is it that BTC is holding 60k as a support!

BTC has been constantly over 60k for the last 16 days, back in April it could only hold it for about 4 days! that's pretty insane to me! but some people now are just taking 60k for granted and being disappointed that it is not going up, come on guys let it run it's course, is healthier this way, you can't compare it with all those crazy moonshots going around.Slow and steady wins the race 😎 give it 3 months and see how all those coins are doing, then see how BTC is doing!!! you might still be in time to take profits and put some in BTC!!! not financial advice, just to be sure

Submitted October 31, 2021 at 06:29PM

After adoption, this place will become a minefield of paid shills, memecoins, and influencer redditors.

Pretty self-explanatory title. I think this memecoin run showed everyone what this place starts to look like with only a little influx of hype. After everybody and their grandma knows about Eth, the memes, and the alts, this place will reek worse than the Jersey Shore after Halloween weekend. Not to be a downer, but look at what crypto Youtube and Twitter look like now except add giant corporations also vying for influence. Hopefully we can avoid this outcome with smart governance, but these past few days gave me bad visions.EDIT- Forgot to add that this hellscape will have a few OG whales still lurking around. I'm looking at you, dear reader. Awwww yeahhhhhhh.

Submitted October 31, 2021 at 04:51PM

Don’t FOMO into coins that have already pumped like crazy.

I mean seriously don’t do it. The likelyhood of you getting burned is quite strong.This is why most of in here say to do your own research and to dollar cost average every week. The hard work is buying coins that you believe have upside and are undervalued.Choosing the quick easy road may sound pretty tempting but you are likely to lose money and quite quickly and be stuck holding a bag or selling at a loss.Find projects you believe in, invest wisely and invest logically don’t FOMO.Take care legends 👊

Submitted October 31, 2021 at 01:40PM

13 years ago today, Satoshi Nakamoto published the Bitcoin white paper.

https://ift.tt/1R0Sf4c

Submitted October 31, 2021 at 10:57AM

I don't have the time to try and convince you

My family was in town and we were having dinner. My brother asked if I saw the new FTX banner while watching the World Series. That sent my sister in to a soap box."Crypto is bad for the environment." "It's too late to earn any money." "Only banks and institutional investors are buying right now." "It's really just an immoral investment."My sister has become quite outspoken about her political leanings recently in the past few years and usually is outspoken and looking to debate. It felt like bait so I just decided just to ignore it.I was reminded of the quote "If you don't believe it or don't get it, I don't have the time to try to convince you, sorry."There is so much positive energy in this space I just didn't feel the need to try to convince someone who had already made up their mind. I had better things to do.

Submitted October 31, 2021 at 11:09AM

Edward Snowden: "i say this with love: if you got talked into exchanging your hard-earned savings for some new dog money because a meme said you'd get rich, please carefully consider your odds of outsmarting a market that sold to you its stake in *not even dog money but a CLONE of dog money*"

https://ift.tt/3BuWp2A

Submitted October 31, 2021 at 08:16AM

Biases in Crypto

I've noticed that the hivemind on this subreddit is strongly anti-memecoins and advises to only buy blue-chip projects as that is prudent investing, while investing in memecoins is merely gambling. The same was said for NFT's earlier.I personally believe this to be a misconception, and they are both gambling to the same degree, although with different risk vs reward models. If we were to compare projects that were regarded as "safe bets", such as ICX, Nano or IOTA, has done significantly worse than projects that have been hivemined against on this Subreddit (Doge, HEX).I believe, if you're looking to make money in this market, your job should be to figure out what the next narrative will be, preferably before it happens, but if you don't manage to do that, you should increase your exposure while it is going on. If you believe yourself to be "above" investing/gambling in a certain type of asset, you're letting your ego get in the way of making money.Last summer it was DeFi, then CORE forks, then memecoins, then NFT's, then OHM forks, and now we're back at memecoins.Take this chart as an example https://ift.tt/3pTxPqe bought into this coin 2 hours ago. Already made ten times my money. I personally believe that unless at the stage where you can live a comfortable life off yield-farming alone, you should expose yourself to as many trends as possible

Submitted October 31, 2021 at 10:29AM

Coinbase is now being Downloaded More Frequently than Instagram and Tiktok on U.S. Apple iPhones

https://ift.tt/3jJQUaw

Submitted October 31, 2021 at 08:05AM

If your coin has not mooned yet, that's ok.

I know, we see all those weird memecoins surging and you feel like you are missing every pump going on and always choose the wrong coin.You invested in ADA, ALGO and MATIC. All solid coins, but basically stablecoins right now.BTC & ETH? Sitting idly by sucking their thumbs and eating glue.Your coin has not mooned yet, and that is fine. It will.You will need the most important thing in the crypto space there is: Patience. Good things come to those who wait. It is tempting to sell your position and go for Elon's Cum or whatever coin is en vogue right now, but as soon as you sell, your old coin will pump. Just wait your turn and reap the rewards.

Submitted October 31, 2021 at 07:24AM

People make 40,000% Gains on Squid Game Shitcoin, but later Realize that they can not Sell because of "anti-dump Mechanism"

https://ift.tt/2ZCmY8K

Submitted October 31, 2021 at 01:50AM

Daily Discussion - October 31, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.Disclaimer:Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.Rules:All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.Discussion topics must be related to cryptocurrency.Behave with civility and politeness. Do not use offensive, racist or homophobic language.Comments will be sorted by newest first.Useful Links:Beginner ResourcesIntro to r/Cryptocurrency MOONs 🌔MOONs Wiki Pager/CryptoCurrency Discordr/CryptoCurrencyMemesPrior Daily Discussionsr/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Submitted October 31, 2021 at 07:00AM

When we’re at ATHs, the meme coin casino opens up. Be mindful that investing in them is gambling, and that if gambling has been a problem for you in the past be careful and self-aware of what you are doing. Because it’s not investing.

Seems to be a recurring theme, which was last experienced in May, that once the real projects peak and top ATHs, the meme coin casino opens up.Some prominent stars of the club currently include our beloved Shiba, but thanks to this sub more than anything inadvertently pumping it, I’ve noticed Dogelon Mars Rover 5000 also has cracked the top 100 for some unknown reason (I might have the name slightly wrong, perhaps intentionally).There’s nothing wrong with entering the meme mania, but you have to acknowledge that these bets are purely gambling. You aren’t investing, and while it’s okay to gamble (I mean, I’ve been to casinos before), please check yourselves if you have a past history with gambling that could cause you issues - because this isn’t any different.For anyone keen to maintain investing strategies, don’t feel pressured to have to hit the cas.The solid tangible projects began this rush, and they’ll sustain it long after the thousands of baseless upstarts (e.g dogetesla galactic pumpkin) come and go - they are great places to have your money and you shouldn’t feel pressured to join that craze.TL:DR - Meme coins are a casino based on pure gambling mentality, be aware of this if gambling has been a problem for you in the past. Proper projects began this rush, will maintain it, and will endure after it.

Submitted October 31, 2021 at 05:14AM

Detailed plan on how to make money with shitcoins

I'll let you know the plan I've used to make money out of shit coins.1 - Wait for a bear market2 - Go to the CMC filter for meme coins.3 - Sort by "Volume 24h"4 - Decide how much you want to invest. I limit my shitcoin exposure to 10% of portfolio5 - Divide the total amount by 10 and buy each of the top 10 coins with more volume6 - Wait for a bull run and make money. One of those you bought will most likely pump7 - Don't freak out if you get rug pulled in 2 or 3. The one that will pump will pay for your loss.8 - Repeat as many times you like.​I know a lot of people is against shitcoins by principle. Let me tel you quote from Groucho Marx: Those are my principles, and if you don't like them... well, I have others

Submitted October 31, 2021 at 01:46AM

What's the first thing you will buy once your crypto blows up

Hello my fellow crypto friends, let's get ahead of time and let's say that some coins of your crypto portfolio start going parabolic this year, lets assume that you hodled that rally till you saw +10.000% gains and you and decided to sell and take those nice realized gains, if this happens what is the first thing you will do/invest or buy with your lovely profits.How much do you think your lifestyle will change? would you tell your friends about your nice gains? would you be a millionaire at this point?

Submitted October 31, 2021 at 12:43AM

I don't want crypto to make me one of the elite, I just want money to no longer be a source of fear and anxiety for me.

I've seen a lot of people giving big promises on crypto's future, promises that I'm sure could become true. All about how in 10 years our holdings will multiply exponentially. How people who hold and keep going with crypto will become millionaires and one of the elite and all that jazz.And while that may be true, I personally don't have an interest in that like so many investors seem to have, both in crypto and in stocks. For me, money in itself isn't the goal, and I feel like it shouldn't be for most people. I don't want to be "at the top 1%". I don't want to be above anyone. I just want money so I can live my life without fear and anxiety, so I can do the things I've always wanted to do and support those I love, enjoying life to the fullest.When you're in crypto, always remember your goal. The point at which you'd be willing to pull out and use that money you gained. Remember, we're not immortal dragons, sitting atop our pile of gold ain't gonna bring us any happiness if we die without spending any of it.Life is there to be lived and enjoyed, and that, to me, is what crypto can offer me. Freedom.

Submitted October 30, 2021 at 10:01PM

How do people actually find shitcoins before they do a x5000?

I've been lurking coinmarketcap checking some random shitcoins and they all share one thing: their price is flat in the chart and then it skyrockets. I saw a shitcoin token that did a x100.000 in less than 2 hours. My question is, how the fuck do people find these tokens before the pump starts?I know that most of them dont have enough liquidity for taking profits but shit, if I put 100$ in a shitcoin and I can get 1000$ back even if it says that I have 35 trillion dollars I'm happy with it. I know there are a lot of pump and dump groups out there and that they are scams. I've been into crypto for a long time now and I have a very decent portfolio with solid projects such as BTC and ETH. But hodling is boring as fuck, I need to find a token I can put 20$ in and experience some emotions watching the price roller coaster because I'm dead inside and nothing brings me joy on these days.

Submitted October 30, 2021 at 10:40PM

One shitcoin moons to infinity and beyond, and suddenly this sub turns into r/cryptomoonshots

It's amazing how it only took SHIB to go parabolic for everyone here to start shilling shitcoins, asking what the next shitcoin is and praising SHIB and DOGE.I know this will probably get downvoted to oblivion and beyond, but not even a month ago, people on r/CryptoCurrency would recommend not gambling on shitcoins, and now everyone is here for the shitcoin casino.If you can't beat them, join them, I guess.Just remember that you only hear about shitcoins, if they start mooning. The rugpulls and the coins that never moon are countless, and if you shoot in the dark, you will most likely miss.I'm even wondering if I should tag this as an unpopular opinion post.Edit: This is tagged Moons, because if you type "moons" in the title, it auto tags it. It was not on purpose.

Submitted October 30, 2021 at 07:37PM

Why are you invested in crypto, in one sentence.

Would like to have a general consensus of why you are invested in crypto. People who invested in 2010 might have a totally different perception of why they are invested now. This is also same for those that invested in 2016,17,20.So why are you actually in crypto? Is it because of the money? The revolutionary tech? Or just because you do not believe in the fiat anymore?Yes, the fiat has definitely been inflated because of the printing of money.On my own personal thought, I would say that I am investing in crypto because my friend told me to apply for the CRO card and that’s where I began to learn about crypto.TLDR; Why did you invest in crypto in one sentence

Submitted October 30, 2021 at 05:36PM

Very soon I will be able to pay my parent's house mortgage with my portfolio.

I was not born in a rich family, my parents had to struggle to make ends meet.Nevertheless I was never hungry and always had clean clothes to wear. They sent me to school, than they paid for my university expenses and I am debt free, however they aren't.I am a young man in his late twenties and I've been in crypto for 3 years.I've calculated, that when ETH hits $4723 I will have just enough to pay out their mortgage completely, making them debt free.I am recently engaged and I could use the money to buy myself and my fiancee something nice but this is the only way I could think of to repay my parents for all they've done for me.After doing so, my portfolio would be worth exactly $0 and im fine with it.Over the past 3 years I've learned so much that I am sure I will be able to save up some money over the next year to invest in the bear market. I could wait a bit more for ETH to be worth more than $5k or so and get a better start next cycle, but I am not taking any more chances here, even if I miss out on some more potential gains.My parents don't really know about my crypto investments.I tried to explain it to them when I started but it didn't go well. Them being mostly on the struggling side of things financially they were not okay with any form of ''gambling'' (as they saw it back than), so now, paying out their debt with money from this bitcoin scheme would be a hell of on emotional shock.Wish me luck!

Submitted October 30, 2021 at 04:36PM

Remember - Dogelon Mars is in the top 100 by mcap, while Nano, TRAC, ONT, LTO and multiple other good projects are not.

Doing my morning review of the market and what do you know? Dogelon Mars has a $1.12B mcap. Which makes it a top 100 crypto.I mean I am at a loss for words. Don't tell me this is happening for the third freakin time... For a moment I thought of doing a bit of trading with it, chasing the pump, but... No. I don't have it in me.Whenever you try to apply some kind of logic or reason with crypto market, these kind of things happen.I for one, am fine with it. Bcs it means we're still early. Profits from meme coins have to go somewhere. And most likely, they will go to solid projects. And that's where my money is.Just remember - none of this makes any sense whatsoever. Dogelon Mars?

Submitted October 30, 2021 at 01:55PM

Dogelon mars is in the top 100 now? I'm out

Another dog coin in the top 100? Wtf. And it also has the most ridiculous name ever. It's the kind of name you would pick if you wanted to make a piece of shitcoin that no one would buy. Dogelon Mars, what is next? CumElonSafeRocket?And no, I won't give in and put all my money in memecoins and no, I don't feel like I am missing out. But is this what the space has turned into? People are just throwing their money at the most ridiculous coins now.This is one of the reasons why I am looking forward to the bear market. That usually gets rid of all these shitcoins.Of course, you can buy whatever you want. I am not here to judge you. But just pump Chainlink instead please. That can also be a lot of fun. Or we can change the name to ChainDog if you like that more

Submitted October 30, 2021 at 03:21PM

My portfolio has hit its ath and I don’t know what to do

I don’t have a huge portfolio by any means , but it’s recently hit its most prob green zone. I have been slowly adding to it over the last 2 years in a very modest way, I took some small profits to pay some bills ; but I have mostly held .I’m not sure what to do now , the hold has paid off to this point, but the alt coins I have are bound to drop in any bear market , I want to take gains before they drop, but I don’t want to miss more gains that may happen.Holding crypto is so incredibly stressful, it’s lucrative; I don’t want to be greedy but these investments give me hope and I invested for my future.Gains to selling is such a fine line of what if and it’s not somthing the whales will ever have to deal with.

Submitted October 30, 2021 at 09:08AM

Fine. I'll say it. Millenials, GenX. If we start charging set values of crypto for goods and services. We can reclaim what the Boomers and Silent generation stole from us. They took our money. THEY RETIRED at 55. Get real. Time to reclaim it.

They retired as early as 55. Many at 62. While I'll be working till I'm dead. And I've done all I can to prevent that. College, job at 50k out of school. I still won't get there. I didn't need my degree to understand that. Social security is theft at this point. Demand your paycheck in Cryptocurrency. You don't have to get USD for your job. More than just NFL players can ask for this. Many of you have salary jobs. All of them can be negotiable. Start with full salary as BTC. Then settle for bonus in ETH. Lol. We gotta make moves as a group. This is how crypto will get used and get real value.

Submitted October 30, 2021 at 09:47AM

WOW. I just posted asking for help. In 5 minutes 5 different users tried to scam me.

Wow. I just did a post asking if I had lost 20$ on a small transaction... 30 seconds later I got a message offering help and saying I could "re-validate the transaction with the idapps interface". Quick google showed scam but I let him go on. Sent me a link and instructions that I should link my wallet inserting the seed phrase. A minute later another, then another, than another. There were 3 when I began writing and now there are 5. Some say I have to input my phrase to get a QR code or even a "bar code"! I'm missing 20 bucks here, guys. I can imagine what happens to people who announce problems with bigger amounts...A word of advice: If someone has something good to say, they will do it in the open, using the comments. Don't trust people who are trying to help you on the side. Not here.Should I edit and add their usernames on this post or is it against the community rules?

Submitted October 30, 2021 at 01:02PM

If you hold Ethereum, you should be rooting for SHIB. Here's Why

Fourth try to post this.The reason Ether holders should be thrilled that SHIB has high trading volume is that SHIB is built on Ethereum as an ERC-20 token.Since August, Ethereum devs implemented EIP-1559 which introduced the "burn" mechanism for Ethereum. In a nutshell, every time Ethereum processes a transaction, a part of the fee is burned.This drastically reduces the supply of Ethereum(and will even further reduce it once Eth 2.0 comes out).So, every SHIB traded back and forth means more Ethereum burned. Actually, according to ultrasound.money, SHIB is one of the top burners of Ethereum in the last month.Once Ethereum becomes a Proof of Stake chain(2.0), Ether issuance will plummet to about half a percent per year. That combined with the burn mechanism will make Ether a deflationary asset.The more Ether that's burned today, the less there will be come time for the merge to Proof of Stake.Supply and demand.SHIB traders, do your thing. We'll see you on the moon.

Submitted October 30, 2021 at 10:01AM

I made a "how to get the crypto money out" template for family members who lose a loved one

Hi all,I have crypto stored in multiple wallets and exchanges all over the place. In the unlikely event that I die, I still want my family to have access to my funds. Unfortunately, my kids are still very young and nobody else in the family has the slightest idea how to operate in the crypto world.So, I made a "how to get the crypto money out" template for family members who lose a loved one. I tried not to get too technical, only really covering the basics, but still all the necessary details to withdraw the funds. I'm happy to accept some feedback and modify with some suggestions. It's set up as a View-only but downloadable Google Doc If anyone wishes to use it.Obviously, I hope it's never needed, but what I fear more is my kids future being negatively impacted because I was too lazy to set up some basic information for them.

Submitted October 30, 2021 at 09:54AM

Vitalik’s SHIB donations look pretty generous right now

As many of you may know, SHIB really kicked off it’s popularity by depositing a huge amount of it into Vitalik Buterin’s wallet. He responded by donating it to several causes, including 50 trillion SHIB to the India Covid Relief Fund. At the time it was worth about $1.14 billion, so a nice little payout, but we all knew there’s no way you can cash nearly that much without tanking the value. As of late July, $20 million worth had been cashed out, with plans for another $20 million in the works.Today, however, SHIB is at ATH and that 50 trillion is worth $3.35 billion. Not a bad war chest! While it’s still true that India can’t cash it all out at once, the fact that there’s so much liquidity in the SHIB market right now means that they can probably sell some more effectively than they could before.Excellent work as always Vitalik. It should be noted that he also made donations to life extension and AI projects that will now be able to benefit from the price spike. In a roundabout way, this crazy SHIB surge has done a lot of good for the world.Edit: as many people commented, this donation has been completely cashed out. Thanks for showing the block explorer u/jazzlike_row ! They still seem to have gotten nearly half a billion out of it, so it was a great service to humanity, and probably won’t hurt with crypto adoption in India either.

Submitted October 30, 2021 at 06:23AM

I bought the lowest ranked cryptocurrency, Boge Coin. Currently ranked #6003. AMA.

Just for a laugh, I looked up the lowest-ranked coin in CoinMarketCap, and decided to buy $100 worth. Why not, right?Difficult to buy on Pancakeswap due to liquidity, but I got there in the end after some tweaking.I’m actually up $1.50 today.Call me The Bogefather.AMA, I guess?Here’s some Boge info:BOGE is a deflationary autostaking coin on Binance Smart Chain with a fixed supply that powers BSCgems.com voting app. No more BOGE can ever be minted. Every transaction 2% is burned and redistributed to token holders. The original DOGE uses mining which is electricity intensive, and has a large effect on our carbon footprint. BOGE being built on Binance Smart Chain is much more energy efficient.Supply: 2,000,000Initial Distribution In order for the autostaking functionality to proportionally redistribute specific percentages to specific wallets, the initial coin distribution needs to reflect those percentages. The initial distribution of BOGE tokens is as follows:50% in burn wallet 50% split between all holdersOver time, the burn wallet will take more of a percentage of total holdings, and the coin will become more and more deflationary, sending the price higher.EDIT: It’s now moved 177 places in rank since I posted this 😂

Submitted October 30, 2021 at 04:07AM

Cashing out 7+ figure portfolios?

Apologies if this has been answered before, I did my best to search but didn’t come up with much. Disclosure, I don’t have this money (I wish I did) but I have a theoretical question. For all the over night Shiba millionaire and billionaires, are they able to cash out? I understand there are fees and taxes but if someone’s $2000 investment was worth $100,000,000 could they just transfer it to another coin and cash it? Could they cash directly from Shiba and would it be worth the value that shows in their portfolio? I have a high school acquaintance on Facebook who had $3000 invested and he’s now flaunting it all over social media calling himself a billionaire showing screenshots of his wallet. Is he really? Thanks for any info.

Submitted October 30, 2021 at 05:34AM

Daily Discussion - October 30, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.Disclaimer:Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.Rules:All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.Discussion topics must be related to cryptocurrency.Behave with civility and politeness. Do not use offensive, racist or homophobic language.Comments will be sorted by newest first.Useful Links:Beginner ResourcesIntro to r/Cryptocurrency MOONs 🌔MOONs Wiki Pager/CryptoCurrency Discordr/CryptoCurrencyMemesPrior Daily Discussionsr/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Submitted October 30, 2021 at 07:00AM

Best Upcoming Metaverse Projects (That aren't Facebook!)

So With all the hype hotting up around Facebooks recent push into the Metaverse (God help us all) I thought it'd be a good time to visit this bull runs new hot topic and focus.... Metaverse projects.Here's a list of some of the most promising Metaverse projects out there, Some you will already know, some perhaps are newer projects currently under the radar... would love to hear what other hotly tipped projects people are optimistic about. Obviously none of this is Financial Advice, just reflecting on some projects established and up and coming, that have been gathering momentum.Decentraland (MANA) - Binance - Coinbase - Huobi: 2.26b mcapObviously most here will already know about this one. The biggest and most well-known blockchain-based virtual reality world has been rallying off the back of recent attention and looks set to take on its previous ATH. Decentraland is a community-driven Metaverse, powered by the Ethereum Blockchain. Users can create, experience, and monetize content through its Builder Tool or SDK (developer toolkit), which are designed to create virtual environments and applications-Website: https://ift.tt/3nGvDQ3 Bureau: https://www.youtube.com/watch?v=CShLE6xg-7M&t=433sAxie Infinity (AXS) - Binance - Coinbase - Huobi - FTX: 8.79b mcap-More on the gaming side of things, Axie is giving distinct Pokemon on the blockchain vibes - this crypto shot to fame in the first half of the run as the first of a wave of play to earn crypto gamesAxie Infinity is an NFT blockchain game built on the Ethereum platform. 'Axies' and in game items can be traded on their NFT marketplace. Cute artwork and polished gameplay set the thone for the success its already seen. I haven't banged on about this or the above, because you're probably already aware of these 2 projects! If not check out the links-Website: https://axieinfinity.com/https://www.youtube.com/watch?v=zQPyDc88X8o&t=104s coin bureau coverageMetahero (Hero) - Kucoin/Gatei io/Panscake Swap/Bitmart: 633m Mcap-Heading the list of newer metaverse projects this one is little different.Headed by a massively successful team, Metahero have teamed with Wolf Digital World (who are partnered with Sony) and have created the worlds leading 3D photogramectic Metascanner and what they call the "Portal into the metaverse". Users can scan themselves (or their items/dogs/products etc) and receive a hyper-realistic Avatar/Scan immediately minted as an NFT that they could use as an avatar for a fully immersive experience in the VR space. The team are building the biggest ever database/library of digital items and a marketplace in which users can monetize their scans for usage in the metaverse. There are so many potential use cases in the future for this ranging fromGaming (port your player into your favourite video game)Online shopping (try on clothes in the metaverse directly onto a lifelike avatar to see how they look - or for use in custom/taylored clothing space)Medicine, Movies ...etc etc-Website: https://ift.tt/3EwpJrk https://www.youtube.com/watch?v=_aOyKmMmwUAInterview in English with Metahero CEO Rob Gryn: https://www.youtube.com/watch?v=lvO_JQSd5JEDeeper in-depth video from WDW creator Marius Krol: https://www.youtube.com/watch?v=BQGdfkxP2sw&t=2669sBoson Protocol (BOSON) - Kucoin - Gate io - Crypto. com: 135m mcap-Boson has flown under the radar more than it probably should. After a bit of a silly launch style (auction that over-inflated the price) It appears to have found a solid floor and begun its steady ascent up the rankings. Similar to Hero Boson has a very accomplished team behind it. Billed as The decentralized network for e-commerce (DE-commerce for short?) the TLDR; is kind of, the non evil Amazon. With huge purchases of land already made in the aforementioned Decentraland to build their first metaverse mall where your avatar can roam the virtual shops and buy things for both the metaverse and in real life - Boson are on a mission to decentralise the way we shop. creating a more direct link between and seller and consumer. a "DEX for everything" if you will.-Website: https://ift.tt/3nHU2od explainer video: https://www.youtube.com/watch?v=yNDIxsCT52I&t=35sBoson protocol Manifest: https://www.youtube.com/watch?v=KVaQvCUMN5cmore in-depth break down: https://www.youtube.com/watch?v=La6EsDi5808&t=2sBloktopia (BLOK) - Kucoin - 344m mcap-Built on Polygon there's alot of buzz around this project following backing/partnerships with the likes of Bitboy (I know) and Jake Paul (yes I also know) like it or not BLOK is shaping up as a hot new addition as a new universe to explore in the metaverse. There were some early concerns around its legitimacy but with the likes of Elrond and Avax setting up virtual HQ's in this metaverse, they are already pulling alot of reputable names to the project now. Earn crypto by competing in games, daily competitions - use the builder tools to build your own areas etc. All the usual metaverse goodness... this one is looking to challenge the likes of Sandbox and Decentraland as the next spot to hang out in the VR world. The game is not out yet, so so bare that in mind!-Website: https://ift.tt/3nGh7Yv with CMO: https://www.youtube.com/watch?v=vxNn-tV9Qxwtrailer: https://www.youtube.com/watch?v=znnccRunCzIWhat is Bloktopia: https://www.youtube.com/watch?v=oHOcdAU7JZoPlayer Mint (PMX) - Token launch soon: 0 mcap-Bonus round here and I'm checking out Player Mint as a wildcard entry. A brand new (and one of the first) Cardano based gaming/metaverse projects that clevery allows users to "Earn by Playing Games You Love" A concept surprisingly missing so far in the space and a slightly different approach to the play to earn"PlayerMint is a play-to-earn blockchain layer that integrates with existing games like Fortnite, Rocket League, and VALORANT. Enjoy gaming as usual and then every 5 days (epoch) a prize pool of PMX will be minted. This prize pool will be distributed out to the users of PlayerMint depending on each users in-game performance."TLDR Get paid in crypto for your performance in games you already bloody love instead of random often poor blockchain games currently doing the rounds)Player Mint was recently voted for, to receive funding from the Catalyst fund6.Their first launch (a series of "founder token" NFT's) sold out quickly and are already selling on the secondary market (CNFT.io). Rather than just a nice jpeg these NFT's give the holder access to:Perks that will continue to be added over time as PlayerMint evolves. Current perks include :Early access to the PlayerMint core product and earning/buying PMX the token of ( PlayerMint) ,First access to future NFT drops including PlayerMint pfp project & game assets, Access to Founder only Tournaments and Access to Cardano Craft treasure hunt and first land mint (video of what the hell that means below - its a Minecraft based NFTtreasure hunt it seems!)Theres alot to learn on this one but rumours that their devs are well connected in the gaming space with links to some important heads at E3 etc mean this project feels one to keep an eye on with the token launch approachingWebsite: https://ift.tt/3CutZXN : https://www.youtube.com/watch?v=MT4Rb3k1r8QWhat projects are you looking into? Feel free to add any Metaverse projects you feel excited about. One thing is for sure, the top projects seem likely to fly as the amount of hype around the virtual future increases!

Submitted October 29, 2021 at 11:40PM

The shoeshine boy in 1929 and my co-workers today. I’m worried.

We all know that old story of the shoeshine boy who was giving stock tips to people as he shined their shoes, and one man thought to himself “When the shoeshine boy starts giving stock tips, it’s time to get out.”Well, all of my co-workers are walking around “Buy SHIB bro!!!!” “Dude I found this one called ‘Basic Attention Token’ it’s only $0.80 but a few days ago it was $0.60! And it has a great blockchain!”IT HAS A GREAT BLOCKCHAIN. WUT.I keep my mouth shut, but it’s so annoying how crypto is becoming the ultimate Ponzi scheme and this is what it’s going to be known for. Basically names you bought online to try and get rich.

Submitted October 30, 2021 at 03:56AM

I am back! My blockchain games experience after 5 months. How much can you earn?

It's been a long time since I wrote a post here but I am BACK! There is a ton of information and experience to share so I am coming back with a few posts in mind coming soon. I have a bit more than 5 months of experience in blockchain gaming and I think it will be really useful for you if you want to get on it. During those 5 months, I managed to go from $0 (ok maybe I put in like $20-30 from surveys at some point but still not much) and build my way up to more than $25k (Not including assets with really volatile value or ones that have no certain price yet because there is still no marketplace to sell them on)I know many of you don’t like long posts so I will break it down into sections so you don’t have to read it all.What I have accomplished so far (apart from money):I managed to introduce a lot of people to blockchain gaming and most of them are already earning a steady income from some games. I did spend a ton of time answering DMs and trying to be as useful as I can (will do the same again so feel free to DM me for more advice or info) and this made me a lot of connections and friends. The blockchain is a mess, so you need friends because you can’t keep track of everything. They can inform you about projects they have researched and think are worth it you can help each other so try to do that. Join discord servers, telegrams (But not scam ones!), etc. with such communities and you will be able to find games early which is one of the most important things.Earnings:Enough with the blabbering, I think most of you are here for the bread so let’s get on it.If it will be easier for you I have monthly breakdowns posted and the prices vary a lot from now because of games crashing or reaching new highs (of course it’s normal in crypto)Axie Infinity ($$$): Invested a total of $510 and got my ROI back in less than a month. I was earning $100 a day at its peak and managed to sell a ton of their coin (SLP) at a high price for some ETH. Recently they introduced a bunch of new updates because the price of SLP crashed and now I earn only $12 a day myself and a few more times that from scholars which is still decent. My total income there is approximately $4000+ and am holding assets worth $3000+ (Yeah it was a great earner so really looking forward to new updates)Splinterlands ($): One of my proudest decisions still is investing that $10 earned from a free game (CryptoRoyale) to start Splinterlands. At first, I was earning just a few cents a day but once people saw potential in it the game became one of the top earners in the space. With $1,000+ earned from battles, $2,700 in cards value and daily airdrops and staking of SPS token which is $2,500, I have $6,200 earned in Splinterlands. I also am earning passively from another bot account (yes it is allowed for now), staking and daily airdrop based on assets value.Plants vs Undead ($): Well this one is a bit different. I did earn a lot there but I don’t think it is worth investing in it now. The devs made some mistakes leading to the coin dropping by 97% and losing their big investors. The game was so profitable for a couple of months that I made $1,600 in total for 2 months with a $50 investment. Still earns me about $3 a day almost passively but it’s not what it was. Hopefully, they can revive it with Farm 3.0 and the new PVP mode. But invest at your own risk here!CryptoRoyale (FREE): Well this project proves that diamond hands always payout. I held their token for a lot of time because I was getting APY and it went from earning less than 10 cents a day to owning a total of $520 now with $0 investment. You earn a bit less ROY rn from games but still a pretty fun game worth checking out.BombCrypto ($$): Similar to Plants vs Undead it had a massive earning opportunity at first. I made $1100 in 4 days with a $55 investment but…. they stopped the withdraw function so no one was able to sell for weeks. When they finally opened it the $1100 were worth just $350 but still sold them and now I am earning almost passively $7 a day. It’s an idle game as of now but they will have PVE and PVP soon.Which games to start nowYou are probably wondering if it is worth joining blockchain games now or it is too late? Well, I can guarantee you that it is even too early. First of all, most of the games are not polished, rushed for release because the competition is weak and they are full of bugs. From the ones released as of now, I can say that it is only worth joining Splinterlands and Axie Infinity. The rest most probably won’t survive when we get THE games. Now is the absolute perfect time because the most promising games are soon to be released and trust me being early can be extremely profitable. Here are some examples of promising upcoming gamesThetan Arena (FREE): We are starting off with one that is playable now as a beta and will be released in less than a month. I am not going to be talking in detail about it but it is a mobile 4v4 game with great graphics and an experienced team. You can play and earn for free or buy premium heroes which can earn you more daily. I have a ton of their coin bought at $2 and it is almost $10 now (started at $0.06 on ICO)Guild of Guardians ($$$): One of the most promising games you need to keep an eye on. The team is extremely serious about their game and there is huge demand of their assets. It will be heavily guild revolved so expect to play with your friends a lot. They are releasing their coin soon so it is a great time to read more about it.Illuvium (FREE): Definitely the best-looking game I have seen in a while (I wish I could add pictures). It is guaranteed to be a massive hit because the team has worked on numerous AAA games. Their coin is pretty buffed as of now almost reaching the $1000 mark per coin. Just have a look!Defina ($$$): Anime game in which you can earn. What do you need more? Its graphics are insanely well-drawn, its website and dev team are amazing and it attracted the attention of Binance. It is releasing really soon so keep an eye on it and join their discord for quizzes, NFT drops and other prizes which might be valuable in a couple of months.Ember Sword (FREE): In this game, you will be on par while playing for free with the whales. They are strongly against pay to win so the NFTs will be mostly cosmetics. You will be earning their token too and the gameplay looks really dynamic.League of Ancients (FREE): 5v5 Moba, League of legends style, massive potential. That’s all you need. The dev team presented themselves in a video and look serious about their project. You can earn with their new system as of now so get some LOA tokens before their ICO at $0.05 and when they get to $10+ you will have enough to invest wherever you want.Star Atlas ($): Last but not least. The most realistic-looking one and the most thrilling trailer of them all. I am putting it as last because it is set to release at the end of 2022. Just watch their trailer and go get a ship for $20 before their price jumps like crazy 😊I wish I could include describe the projects in more detail and add some tips on how I find those projects and many more and how I distinguish the long-term investment ones, the short pump and dump schemes and the not worth at all but the post is getting too long. Expect it soon tho. If you have questions or need more info about some of the projects ask away. For the ones that got till the end, I might drop some gifts!Happy earning!

Submitted October 30, 2021 at 01:03AM

If You Can't Beat Them Join Them.

Hours of research, find a good quality project, invest and wait months. Meanwhile memecoins are making millionaires in months, but nope won't go that route.Find this new project, the team is amazing. Watching Shib thinking 10b market cap, that's a dump waiting to happen as ppl take profits. Then my coin after the team making all the right moves in few months is down 30%.Said screw it, nothing makes sense anymore. Split the bag I was holding and put half into Floki Inu the one that's promoting on billboards in London, and other half in the dumb Dogelon coin. In 24 hours made back everything. Hate this, not good for the market imo, but happy to have my lost funds back.

Submitted October 30, 2021 at 03:47AM

A 10k ETH is not unrealistic, it is inevitable.

I don't think Ethereum get's enough love. Everyone's focused on chasing the next 100x play when there are amazing opportunities right in front of them. Ethereum is a blue chip crypto for a reason, it's stood the test of time.Ethereum may have high fees, but it's still the best smart contract platform in my opinion. Ethereum has a huge amount of smart contracts and dApps on it, the same cannot be said for any other platform. The fact that people are willing to pay exorbitant amounts of money for fees highlights how trusted and desirable the Ethereum network is.Next year, Ethereum will merge to Proof Of Stake. This is one of the most bullish events that I have ever seen. The reason for this is that the amount of ETH being created will be reduced by 90%, and ETH will become deflationary.A deflationary ETH will theoretically continue increasing in price provided that demand remains constant. I think we could see a supply shock where not enough ETH is on exchanges to meet demand which could propel the price very high.TL;DR: ETH is very underrated. 10k ETH in the next few months is not an unrealistic prediction.

Submitted October 30, 2021 at 02:44AM

MATIC broke the $2 barrier with 95% of HODLers in profit now and plans on achieving new ATH. MATIC supporters unite!

This is some very bullish news especially considering that less than a month ago MATIC was $1. Literally doubled in price in less than a month and it’s not stopping here.MATIC has been recently in a growth pattern independent from that if the bull run. Sure the bull run definitely boosted MATIC’s price but it wasn’t the main reason for that increase. MATIC has been working on collaborations recently with some very high profile projects the likes of Coinbase and as we’re seeing its all paying off now.Being a MATIC enthusiast, I’m also very glad to see so much support for MATIC especially on this subreddit. HODL guys!!!

Submitted October 29, 2021 at 10:48PM

What is your 3rd blue chip?

BTC and ETH are often considered the blue chips of the crypto space. Everything else is often called an Altcoin. But, if you had to pick one Altcoin, which Altcoin do you think deserves to be recognized as a crypto blue chip? Why?For me, I think I would have to choose CRV. I love the revenue share component and the stickiness its tokenomics provide.I'm curious what others think of as the blue chips of the crypto space. Not necessarily the best opportunities that have the potential to make the most money, but what do you all think are some of the safer bets?Obviously none of this discussion should be considered financial advice.Edit: I've never had a post blow up like this. This is crazy

Submitted October 29, 2021 at 10:00PM

Don’t fool yourself. Next x100 coin is not shilled here.

This sub shilles coins that are already made huge returns. Why? Because general public gain access to cutting edge tech, newest crypto trends only after those coins/tokens gain momentum and make x3-10. How many times MATIC, SOL, ONE, AXIE was shilled here before they exploded?ADA, ALGO, BTC, ETH etc are great projects and have wonderful future but to assume that they are going to give you biggest returns in the following year is delusional. Where as long term - most probably.Set your priorities straight, DOYR and hodl. I’m not going to tell you which coin is going to be next x100 or more but it is obvious that following niches are going to disrupt the whole world:Decentralized identitiesDecentralized ticketingMetaverseBlockchain powered GamingSocial tokensEverything related to zero knowledge poof (ZKsnarks, zkrollups etc)Find reliable project in those niches and invest as much as you can afford. Wait for 1-1,5 year and watch the whole Reddit shill those coins/tokens after you already made a fortune on them.

Submitted October 29, 2021 at 11:43PM

YOLO’d on a shitcoin ($ELON)

This year I have seen some people make stupid money in crypto on stupid coins. I applaud you if you’re one of them. Truly, anyone in this space making money anywhere, kudos.I normally lean heavy on conservative investments, but missed out on the DOGE run, the SHIB run, and I’m going to experiment here to see what happens.Today I bought 1B Dogelon Mars (ELON) coins shortly after it listing on the Crypto.com space. Don’t even come at me with it being a shitcoin because I’ve already acknowledged this.It’s like roulette, but more fun.

Submitted October 30, 2021 at 12:05AM

Indian pay $3.5 Billion to banks every year as "foreign exchange fees". This is just banks ripping people off to send money across border. Crypto will destroy this income stream, thats why Indian banks are trying their best to limit people from accessing crypto

https://ift.tt/3GBsFF1

Submitted October 29, 2021 at 07:09PM

Let's talk about CRO and why it's still underpriced.

As of this post, CRO is up 7% ($0.215) thanks to Matt Damon, huge global PR exposure and the forthcoming launch of the cronos mainnet next week.Also scheduled for Q4 is the launch of the Crypto.com Exchange in the USA and (hopefully) the addition of stablecoin trading pairs like TCAD, TGBP and TAUD to the Exchange.This week, Crypto.com added full support for the SOLANA network, meaning withdrawls are both fast and super cheap.They also listed 'DOGELON' today... 😂All in all, it seems Crypto.com / CDC are doing ALL the right things at the right time... and don't even get me started on the VISA cards and the 14% stablecoin staking rewards...

Submitted October 29, 2021 at 05:52PM

My bank won't let me do transactions involving cryptocurrency anymore

I actually find this so surprising because they did not have any issues before. Last night, I wanted to buy something and I got a message from my bank saying that they no longer facilitate transactions to cryptocurrency due to the high risk of fraud.Initially, I was like whatever I'll just call them and they will surely unblock this thing. I've called them and they were like "No, we just no longer let our customers do transactions to cryptocurrency, you will have to use another bank", so they told me to become the customer of another bank.I don't know what exactly happened to them that they literally won't let anyone do transactions to cryptocurrency even if I specifically ask to.Well, now that coin will just pump 10x haha.

Submitted October 29, 2021 at 05:40PM

ETH did a new ATH of $4.416,05 (and people just care about meme coins)!!

ETHEREUM (ETH) just did a new all time high of US $4.416,05!It seems to me that this fact has gone too unnoticed for its importance in the cryptoverse! One ETH token was $383 one year ago, with a 1 year gain around +1025%. ETH, the cryptocurrency minted on the Ethereum blockchain, is the second biggest cryptocurrency in market cap, behind Bitcoin.Unfortunately it seems that people now only want to know about moonshoots and INUS pets like the shiba, floki or kitty and are forgetting about the intended growth of blockchain technology and fundamentals.Long life to BTC and ETH ATHs!

Submitted October 29, 2021 at 04:47PM

I’m not gonna let myself miss a meme coin ultra-pump again

I've been investing in crypto for almost 3 years and ive always focused on coins/projects with good use cases.But after watching DOGE and SHIB moon (and deliver much better returns than my portfolio) I've decided to jump on the next meme coin ultra pump.I saw a post here on Thursday about there not being cat meme coins… turns out there is one called Pussy.Financial (PUSSY). You can only buy it on Uniswap at the moment, and it's up something like 500% in the last 2 days.I'm convinced this is going to be the next big thing and since no one is talking about it (not even on this sub, let alone the mainstream media) I know I'm early.I bought 20 million PUSSY coins yesterday and I'm already up 70%. Not gonna even think about selling until it's worth 6 or 7 figures. Wish me luck!

Submitted October 29, 2021 at 05:20PM

My dad thought thought that I am into men because he heard me and my friend talking over and over again how we love green dildos

My father is a very old-fashioned man, retired and believe it or not I introduced him to the crypto world. He has a small ammount of money, in his portfolio and he holds a couple of coins that I helped him choose.The problem is that he has never learned English and everything he is interested in he has to translate on google translate.A couple of days ago my best friend came home and we talked about cryptocurrencies, looked at charts and mentioned green dildos and how we love seeing green dildo. Then we kept searching coins with "biggest green dildo" in the last month. We kept saying "green dildo" over and over again.The fuck up: My dad heard us all and thought my friend and I were hiding something from him, if you know what I mean.After a few days he called me to talk and he had that serious voice, and when that happens I know something is not right."Son, you know that I love you immensely and that I support you in everything. Do you have something to tell me?"- "Hmmm, what do you mean?"Well I will be direct, I overheard you and FRIENDS_NAME talking about some things I didn't know you were interested in, so I thought that" and then he paused. He still had that serious look.Then I was silent for a minute trying to figure it out what we were talking about. Then it came to my mind.-"Dad, is it because of the green dildo?""Yes". After a minute of explaining and watching and showing what the green dildo actually means, he felt like an fool, but in the end we laughed a lot about the whole situation. He even called my friend to tell him how much he loves green dildos too.I love my father, a great man and a great example for me.

Submitted October 29, 2021 at 04:06PM

Crypto 101 - the Do's and Don'ts of Crypto investing.

I've been here for quite some time, had more than a few goof ups and figured I'd help some newbies learn from my rough experience in the cryptoverse.I'll start with the more controversial part - the Don'ts.- Do not fall into the trap of thinking you are smarter than everyone else.Nobody can time the market. Getting a perfect top or bottom is pure luck and not something to aim for. DCA (dollar cost average) is your best bet. DCA in - DCA out.- Do not sell just to buy in lower.I am a victim of this myself. Sound very simple to do, but 8 out of the 10 times I've tried to do it I have either:A. screwed myself with fees and end up with worse deal than I originally hadB. got left out of the market waiting for a dip to buy back in, because the price jumpedC. shit actually worked, but historically that's rare.- Do not keep your crypto on an exchangeThis one hurts even if you don't get robbed out of your crypto. Buy a cold wallet, be safe. Feels really bad paying gas fees to move your crypto in and out of the exchange, but you get the security. It would feel much worse if you wake up to an empty portfolio.-Do not gamble. InvestThis might come as a controversial topic with all the puppy coins bringing in humongous profits lately, but that's still a gamble, not an investment.If this is your first bull/bear cycle and you are not that experienced, pick some coins from the Top20 list, do a research on them and than make your call.Investing in serious project is what brings you peace and comfort in your investing journey. Betting on meme coins is a lottery ticket. 9 out of 10 times they are what we call a rug pull and the odds of you losing your money are huge.- Stay away from Signals and ''Pump and Dump'' groups.Simple as that. The world is a jungle and no one is going to help you make money for free. Participating in a Pump and Dump group is a sure way to lose your money. I repeat, there is no possibility of you coming out on the winning side of this.- Do not reply to private messages from strangers.Nowadays scammers are everywhere, praying on young and uneducated victims. If somebody is messaging you in private offering help, promising to double your money through investing - do not reply, just ignore. Also do not click on links they send you, it could be the end of your portfolio.- Do not panic sell.Your coin is free falling? Don't worry, just zoom out. Historically speaking serious projects have always gone up in time so a coin crashing down could mean two things - a buying opportunity or more time for you to get out in profit.-Do not use leverage trading.I know it feels tempting, but don't. Much smarter people than you have lost everything this way. When you feel like you are experienced enough - do try it out, but be careful!- Do not chase pumps.Simple, if a coin pumps - it's already too late to buy it. Better buy an undervalued one from the Top20 list, it has a better chance to pump than the one that's already pumped.- Do not make constant changes in your portfolio out of boredom.I get it, you've spent a whole month figuring things out, you've made your portfolio just the way you like it, now what? Waiting. Yeah, but it's hard to get out of the habbit of researching, reading and basically breathing crypto. Do not fall in this trap, most of the times it will be a mistake. Stick with your plan.The Do's of crypto investing.- Do give time.This is an investment, give it time to grow. It's not going to happen over night.Do you know who are the most profitable investers in crypto? The dead ones, because they didn't cash out early. Or at all, but that's another topic.- Do your own research.It's easy to fall in the trap of shilling a certain coin. Jeez, 9 out of 10 youtubers/redditers are doing just that. Promoting a coin so new money flows in and pumps their bags. It's not a bad thing, but do make your OWN choices, not under the influence of some guy in front of a camera screaming this is the last chance to buy in.- Do learn to HOLD.Learn about cycles. Bull cycle, bear cycle, lenghtening cycles. It would help you to understand when to hold, when to sell and when to buy in.- Do forgive yourself about the mistakes you made and try to learn from them.Let's face it, we all make mistakes. We all bought in too late or sold too early at some point. Nothing good can come from these dark thoughts, learn from your mistakes and move on, you will have many more chances to do right in the future.This is just a short list of the most important ones, but DO feel free to add more in the comments.I really hope this can help some new ones in here and make their crypto journey a bit more joyful.

Submitted October 29, 2021 at 03:41PM

You can now buy Teslas (and many other cars) with Nano!

Direct link for those interested in getting themselves a Tesla. If you prefer to finally have your Lambo, that's also possible.Autocoincars recently started accepting Nano for payments. They already were accepting BTC and BCH by the looks of it.Some more info on AutoCoinCars:AutoCoinCars can help car dealers accept crypto payments. They currently have more than 500 dealers on board. Interestingly, they are not just a website doing the listings and such, but are actually the payment processor in this whole process.Pretty cool to see actual adoption - here's to hoping Tesla themselves are the next ones to start taking Nano payments.

Submitted October 29, 2021 at 02:10PM

Alt coin season is upon us, so i guess its time to gamble.

With Etherum just breaking its previous all time high of $4384, I feel like alt season bull market cycle is just around the corner. I dont feel like buying more BTC and ETH at this point as I am in the process of laddering out.Like other people have done in the past, I am going to buy $100 for each of the top 10 alts coins that has been upvoted/commented on this post. So, I want you all to shill me some of your favorite alts coins, preferably ones that can be purchased on Coinbase Pro, I am okay with making a Binance account too though.Voting/Commenting ends within 24 hrs of making this post.I will provide progress reports.

Submitted October 29, 2021 at 09:39AM

GameStops NFT Marketplace will feature gas-free, instant transactions.

https://ift.tt/3bj4qgu

Submitted October 29, 2021 at 10:37AM

Loopring price is now up more than 40%, after its GitHub leaked code confirm that it is partnering with GameStop to produce NFTs

https://ift.tt/2XYb0WM

Submitted October 29, 2021 at 09:39AM

a 14-Year-Old Used Solana NFTs to Raise $100K for Beluga Whale Conservation

https://ift.tt/3pMxkhn

Submitted October 29, 2021 at 06:15AM

ETH Breaks All Time High on Coinbase 🍻

The people’s crypto, Ethereum, has broken its previous ATH just now on Coinbase. The previous ATH was $4384.43 (USD) on May 11, 2021. My fellow folks that bought near the ATH earlier this year and held through the dark days, I toast to you. Hopefully you were able to DCA through the months. Congrats everyone holding ETH! Here’s to $10k before the end of the year 📈📈Comedy because I tried really really hard to be the first one to post this, probably like many others. Let’s see who has the quickest internet fingers 👀Also my life is a joke

Submitted October 29, 2021 at 08:11AM

Anonymous Whale Just Moved $117M Off Coinbase

The bitcoin address 1KcZqjt5vbmXQuZrx8Us9HHJg4HgYWNkZR has just moved $117M off of coinbase.Whales usually move there cryptocurrency off of the exchanges when there planning on hodling long term in a more protected Wallet as exchanges are prone to hacking/attackingThe whale paid a Bitcoin fee of only 0.00032171BTC ($18.95 right this second) which personally just blows my mind it’s so low to move that kind of moneyThe whales are accumulating and hodling at these prices and you should be doing the same! Your future self will most certainly thank you later in life if you take advantage

Submitted October 29, 2021 at 04:41AM

I made more money with crypto then I made working this year

It is honestly baffling. I started investing close to the first btc ath this year. I hodld through the crash and invested some money here and there. Did not really think much of it just put it in hoping I would make a couple extra bucks in the next couple of years but the prices started going up again and now, not even half a year after making my first investment into crypto currencies, I have made more money with it than I did working this year. Feeling very blessed thanks to everyone in this sub who encouraged me to not panic sell after the dip. I have been unemployed for over a year now and this is really a nice morale booster.

Submitted October 29, 2021 at 06:55AM

Daily Discussion - October 29, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.Disclaimer:Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.Rules:All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.Discussion topics must be related to cryptocurrency.Behave with civility and politeness. Do not use offensive, racist or homophobic language.Comments will be sorted by newest first.Useful Links:Beginner ResourcesIntro to r/Cryptocurrency MOONs 🌔MOONs Wiki Pager/CryptoCurrency Discordr/CryptoCurrencyMemesPrior Daily Discussionsr/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Submitted October 29, 2021 at 07:00AM

YouTuber who promoted Crypto Scam to 75,000 People Live now Complains that No One Watches him Anymore

YouTuber and streamer Adin Ross has promoted a crypto scam to its viewers for a payment of $200,000He has promoted this live to 75,000 peopleFollowing being exposed for scamming his viewers, he said this:“that MILF token sht I did a while back, I already told you guys to not buy that sht. I got paid a bag to do that sht. Like I don’t give a f*k, I hope none of you guys actually bought it”Now he is complaining about the dropping number of people who actually watch his content, I wonder why this could be the case?Stop supporting any crypto content creator (YouTuber/live streamer) who promotes scams, they make millions each year, they are in no position to additionally scam their community

Submitted October 28, 2021 at 11:04PM

Nothing sucks more than not having money to invest in a crypto that you knew would pump.. and watching it pump.

I knew for a while that a certain crypto would pump and have tried finding money to invest but I am currently paying off money from an unforseen event. So today I watch the charts and it's pumping...No money to put in and tears to my eyes..Some people are very fortunate and have thousands to throw in and we all know that most of those people will make it big in this game.. sucks knowing you may never be that person..I guess it's hard not feeling jealous. So I guess I'm writing this to preach solidarity with people like me who feel like shit watching coins you wanted to invest in pump before your eyes and there's nothing you can do about it.I hope we stumble on a bag full of money that fell out of a plane tomorrow!

Submitted October 29, 2021 at 03:51AM

Polygon hits $2!

I feel like this coin needs more love. It's one of the few coins that held steady through these dips, and I feel like it has a lot of potential considering the fact that it's still well below the previous $2.7 peak, the development team have been doing great so far as well, I wonder what you all think the future holds for MATIC. ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍Obviously also grateful that it helps with insane gas fees, lol

Submitted October 29, 2021 at 01:57AM

What's up with the markets? It's a fight over $3B in expiring options

Depending on where the price ends up, option sellers may be out a whole lot of money. The higher the price goes, the more money they're out.Option sellers are engaged in a furious battle to push prices down as much as possible before the end of the week. Obviously, the people on the other side of that equation want the opposite.Strap in.Here are some extra characters because 500 is a ridiculous amount of characters to require in a post. It encourages this type of extraneous work just to make character counts.

Submitted October 29, 2021 at 01:47AM

You could have earned $85 from a single comment.

Let's take a quick look at the moon farming possibitilies. During this distribution, a single comment would have been enough to make $85.Some quick math: A comment with 1k karma gets double karma, so 2k karma. With a karma-to-moon ratio, that's 577 moons. At current price around $0.15, that's $86 bucks!A single comment hitting the karma limit would be worth over $85 at current prices.If moons were to retake it's ATH of $0.435, that comment would be worth $250!That's an insane value. Congratulations to anyone who wins the karma farm lottery and gets those upvotes. Sometimes, it's even simple comments with two words that hit the limit.

Submitted October 29, 2021 at 03:03AM

If you bought $100 worth of meme coins a year ago, you probably would have sold for $200 a few months later. Its easy to say what you could've done but its hard to HODL

I have seen a lot of people say, 'if you bought $100 worth of SHIB a year ago you would have $70 Million" , "If you bought $1000 worth of SHIB 11 months ago you would have a Billion dollars" but in reality you would have sold way early. There is no way to know which projects will do well, specially if they're meme coins and most people don't have the money to throw around $100 on random meme coins. If you get in early on a project you will most likely sell way early or HODL for too long and eventually it will go down. Have conviction in your projects and recognize that getting rich from meme coins is like winning the lottery, you can't know which will pump. Increasing your wealth slowly over a long period of time is better than throwing away money at lottery tickets

Submitted October 29, 2021 at 12:40AM

A dollar on everything

The surge of shiba and the post about that 6 billion wallet made me think.One Dollar then in shiba would be 1 million now. So, why dont i put 1 Dollar on every memecoin this month and just leave it there. One might pump hard in 1, 2, 3 years and im set for life. Sure, 99% will fail, but i only need the one percent. And it might be harder, because when they hit the usual suspects (rh, cb, binance) its most likely "too late".Is there a flaw in my logic?I know its looked upon from above, but I only playing the game.

Submitted October 28, 2021 at 07:21PM

Why is there a lack of cat coins in the crypto market?

This is now a genuine question, I get that some people prefer dogs over cats, but there are people that prefer cats over dogs too. We now have two dog coins in the top 10, which is... questionable, but I'm happy for everyone who made money from them, but where are all the cat coins?This is bad for diversity, if we're going to have memecoins, let's just have all the pets, not just dogs. I have actually checked and if I am not wrong, there is not a cat coin in the top 100, but 2 dogs in the top 10, I bet the cats are feeling left out now.

Submitted October 28, 2021 at 07:45PM

Moon Week 19 - New Governance Polls, the State of the Subreddit, and a Moons Enhancement Prioritization Poll

Hello everyone and welcome to Moon Week for round 19 of Moons!Moon Week began yesterday with the snapshot post by the admins. Check out the post and comments to see how many moons you'll be getting next Wednesday at the end of Moon Week.To give exposure to our governance polls for the month, this Moon Week post will remain pinned to the top of the subreddit until the distribution post next Wednesday. Please review the following important information and frequently asked questions first. Each month we have dozens of questions about these things even though they are answered right here:If you can't see polls or vote, or have any other issue, try again later or from a different platform (different browser, app, mobile, or desktop). These glitches usually resolve themselves within a few hours, but let us know if it hasn't after a day or two.You can't change your vote so make sure you read the full post and discussions, and ask any questions you have before you vote. There are people wishing they voted differently every month and you have several days to vote so there is no need to rush it.You get a 5% moon bonus for voting in at least 1 poll, plus an additional 1.25% for each additional approved governance poll due to CCIP-014You will also get a special badge for a week after voting in a governance poll. These are visible in the reddit app and new.reddit on desktop. If you have voted and yours is not showing, you may need to enable it manually by clicking your badges and looking at the Achievements tab.Successful polls are implemented whenever the mods or admins have a chance to do it. Usually this is within days or weeks of the poll passing, but depends on workload, priorities, and complexity of implementationFinally, here are your polls for round 19 of Moons. Each poll has been given a designated CCIP number, as per CCIP-017 last month. You can now view the full CCIP list here.CCIP-019 - Disable Live PostsCCIP-020 - Reduce Contribution Points Gained From Link Posts by 35%CCIP-021 - Temporarily sort comments by newest first after a post is submittedAnd this month we have a bonus non-governance poll for users to express their preferences on which features the admins should prioritize implementing:Moons Enhancement Prioritization PollFor more information about Moons, please see our wiki page here.Happy voting!

Submitted October 28, 2021 at 08:49PM

There are now 2 Dog coins on the top 10 Cryptocurrencies...

It's kinda funny how we all keep bashing said meme coins, and they just don't care, I think it's time to accept that logics don't apply anymore, 2 of the top 10 crypto are dog coins, there are actual people getting rich from memes, how crazy is that?Some of you might feel let down abut this, I know I did, mostly because there are other projects I believe in that aren't doing nearly as good (SHIB over DOT, the f is wrong with you people 🙁 ) but take your time to think it first before FOMOing, this may be a hype run and there will be a lot fear involved!How do you guys feel about this, it's time to stop DYOR and just look for the next big dog coin?

Submitted October 28, 2021 at 06:48PM

Moons Bot Updated for Round 19 Moons Distribution

​https://ift.tt/3mkeuMG can now view your Round 19 Moon earnings by simply mentioning u/moons_bot in a comment (here, or anywhere). Here's an example of what you'll get:​https://preview.redd.it/7cegc1v6k6w71.png?width=653&format=png&auto=webp&s=a00c18f1f62a926db52d99f8fc187cd0b159813e​Remember to use a lowercase "u" and give it a few minutes to respond if there's a lot of requests. Hope everyone got what they wanted from Moon Santa and keep on farming!​---​I like to include a bit of the development news in these posts as well, for the curious.This is the third distribution since starting moons bot, and things are running smoother than ever. It still crashes on occasion, I think from making reddit API requests and sometimes getting an error back. Haven't had much time to fix it this month.I've received about 4 moons in total donations so far, which is very nice. I love that users are getting something out of this and find it brings value to the community.I'm still working on some updates, the ability to message the bot instead of commenting is almost ready, then the subscription update will begin, where you can get your report automatically sent each period.That's all folks, cheers!

Submitted October 28, 2021 at 07:01PM

Please vote on the governance polls to get an extra % of karma next distribution! I summed them up for you in this post.

Hi all!As you know it's moon week now and this means we can vote on governance polls! These polls are a democratic way to add/adjust some rules in this sub. For the first poll you get an extra 5% and each extra poll will get you an additional 1,25% karma next month.Governance polls summed up until now:1) CCIP-021 - Temporarily sort comments by newest first after a post is submitted.https://ift.tt/3CpRPUz) Moons Enhancement Prioritization Pollhttps://np.reddit.com/r/CryptoCurrency/comments/qhbo2f/moons_enhancement_prioritization_poll/3) CCIP-20- Reduce Contribution Points Gained From Link Posts by 35%https://ift.tt/3CnjJk5) CCIP-019 - Disable Live Postshttps://np.reddit.com/r/CryptoCurrency/comments/qh2l1z/ccip019_disable_live_posts/​Have a good day all!

Submitted October 28, 2021 at 04:22PM

OK, let's see what else does this sub NOT recommend?

So I can buy a metric shitload of it. And finally make bank.I mean, this is insane. Sub says sell BNB, bcs Binance sucks and BNB is centralized, which the sub does not want. BNB pumps. Sub recommends SOL, I buy SOL, it dumps bcs of a bug and SOL team halts the entire blockchain. Sub says this is centralized coin, not good, sell SOL, I sell. It pumps. Sub says buy QNT, I buy QNT, it dumps. Sub says buy ERG, I buy ERG, it dumps.I make some money on a dog named coin (got in on second day of it pumping 50-60% a day), make a small profit. Sub says sell it, I sell it. At 0.000025. It pumps 300% in a freakin' week (from the day I sold), while everything else is dropping like crazy.So, let's make some money now. I'm betting against this sub.Best two answers get $50 each. betting on the opposite outcome, of course.

Submitted October 28, 2021 at 02:32PM

The mentality of a meme coin investor

You are sitting there on your swivel chair in front of the PC, neck slumped forward from years of bad posture, watching your portfolio slowly bleed pit for the 100th time. You are browsing coin market cap and see that another fucking dog coin has somehow entered the top 100. This one is called Shiba Inu. You just shake your head and go back to browsing.A few weeks later you notice that it's somehow broken into the top 50. "probably nothing" you think, and alt-tab back into Steam.Another month goes by. Somehow Shiba just keeps gaining value. You discover an entire subreddit dedicated to the coin. You read some of the comments. "those poor, deluded fools" you think to yourself, sniggering away. You go to sleep knowing that's its only a matter of time before the dump happens.A week later the dump does happen. Shiba loses 40% in a matter of hours. You race to the CryptoCurrency subreddit to join the rest of the neckbeards gleefully posting about people losing money. "how could people not know its a scam lmao" you post with cheetos encrusted fingers.A few months go by, and Shiba is all but forgotten. But while browsing twitter looking for Cardano's latest hype tweet, you notice that Elon Musk has tweeted a picture of his new dog, which looks suspiciously like a Shiba breed. Before you could leave a scathing reply, you notice that Shiba gained 100% in the past hour. Shiba is now in the top 30."What the fuck!" you angrily post in the IOTA subreddit. "How does a meme coin have more value than my precious feeless coin? We have partnerships!" you go to bed in a daze.Some time goes by, and then one day you wake up and realize Shiba has been listed on Coinbase overnight. "What kind of people are running Coinbase?" you think to yourself. "if I was the CEO, I would list NANO, doesn't coinbase care about making money?" "Bunch of idiots"Shiba is now in the top 20. There's is at least 10 posts a day in /r/CryptoCurrency talking about people who have made life changing gains. You downvote every one of them, but still don't invest.Shiba gains another 100% over the following 2 days. A bad feeling starts gnawing away inside your brain. "why didn't a invest earlier?" you moan out loud. Your favourite coin, Stellar, is slowly bleeding out while this shitcoin is mooning day by day. That evening, you read a post "if you just invested $1000 few months ago, you would be a millionaire right now". You spend a sleepless night in bed.On the bus ride to work next day, you watch Tik Tok videos of 18 year olds driving their lambos and giving investment advice to the seasoned bankers of Wall Street. "All thanks to Shiba" they say with a shit eating grin. Shiba has now passed Doge Coin by market cap. Upon arriving at work, a coworker asks you condescendingly "how's that Vechain invesent going bro? You must have made bank." he claps you on the back and walks away laughing. The secretary at your company overhears this and asks you how to buy Shiba. You give her an incredulous look. "But if Shiba goes to $1, I'll be a millionaire!" She smiles at you expectantly. You manage to choke down your rage and walk awayWhen checking blockfolio while taking a shit on company time, Shiba has gained another 70% in the past hour. Shiba is now number 6 on coin market cap. Something inside you snaps. You race back home that evening and YOLO 10k into Shib. You get the funds by selling your precious Bitcoin. "it's not like Bitcoin is becoming more and more adopted, its old and slow technology" is your final thought before closing Brave.Before you go to sleep, you check your portfolio one last time. Your well researched portfolio consisting of coins which are making a difference in the world is down 10%. Shiba is up another 25%. "so this is what it feels like" you think to yourself.That night, in some dark corner of the internet, the 4-5 billionaires who have been manipulating the market and Internet forums these past 6 months check their algorithms and trading bots. Enough new retail investors have FOMO'd in. "time to open the short positions".When waking up the next morning, you discover Shiba is down over 50%. Panicking, you search the Internet for answers. It turned out that 3-4 large wallets controlled over 60% of the Shib supply, and they all decided to sell at the same time. Gnashing your teeth, you sell back into bitcoin at a 60% loss. "I'll never touch meme coins again".That evening, you notice that a new meme coin called Kisha Inu has entered the top 100....

Submitted October 28, 2021 at 01:22PM