The hardest part of investing is doing nothing

Making excellent technical analysis?...nopeBeing good at knowing when to quit?...nopeTaking profits?....may be one of top 3 but not the first oneBeing a perfect moonshot shitcoin detector?.....that's just pure luckNot telling your investings to your friends/family?....well that's also top 3 for sure but not the first oneNone of the above....Holding and doing nothing is the hardest part of investing. It requires a solid psychology. If you're good at this, I think you are %50 ahead of every investor.

Submitted January 01, 2022 at 08:29AM

Am I the only one expecting big things tomorrow?

IMO tomorrow is going to be a big day for Crypto.Why? Well, because I have a feeling...aka Trust Me Bro.We've seen a lot of big players come into the market this past year. With big players coming in I think we've seen a slow December because the Whales, who made a tidy little profit this past bull cycle, are waiting for the new year to get re-established in their positions. They wan't to be in the game after the new year for tax purposes and before tax return season hits for degenerates like me. They know I'll throw my extra income straight into the crypto market with hopes of 10X some profits.If you think you should take financial advice from a guy like me you might want to rethink your choices...I'm also going to buy a lotto ticket tonight for tomorrow's $482M powerball drawing.Cheers!! Heres to a fruitful 2022!!

Submitted January 01, 2022 at 05:56AM

People don’t care much about Cardano today because it isn’t pumping anymore and it’s kinda sad.

I mean some people just want to get rich quick or they lose interest. The way I see it, every cryptocurrency has an upper and lower limit. ADA is now trading towards its lower limit, therefore if you want to profit, I think now is the time to buy.However, when everyone is against it, it looks to be unsafe. It may take a few months, but it will turn around, just like it has the past ten times. Because the coding is tough to grasp and other crypto currencies are easier to deal with, many developers prefer not to work with ADA.But I don’t think this is a warning sign just yet. I still think Cardano's aims are distinct from those of other cryptos (just like how every other is as well). I read this article and there was a mention about Blockademia which is a decentralized system for issuing and verifying documents on the Cardano blockchain. A project with a practical use case.ADA’s objective is to collaborate with governments, banks, and corporations. To put it another way, the ADA development is taking longer, but it is safer, better for professional usage, and, to say it another way, future proof.In a nutshell, Cardano's staff prioritizes quality above quantity. And in the end, I am still HODLing for ADA.

Submitted January 01, 2022 at 11:22AM

Daily Discussion - January 1, 2022 (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 January 01, 2022 at 07:00AM

RadioShack to rebrand as cryptocurrency exchange platform

https://ift.tt/3sNf09q

Submitted January 01, 2022 at 01:38AM

Do you like that the crypto markets are open 24/7?

Or would you prefer a system like the stock market whereby they open and close at a certain time everyday - and are closed for the weekends and certain holidays?Cryptocurrency is incredibly engaging: you can easily spend a third of your day simply reading all the new developments, whether that be the internal workings of specific projects or the market-wide swings which are effectively commonplace and now synonymous with crypto trading.I quite like always being able to move my funds (minus the odd few when transfers are down or maintenance is occurring on an exchange), and if I can't think of much else to do the market is always there to wile away the hours with the green and red lightsabres.The trouble is, crypto is not the only concern - there are a great many other obligations - and sometimes it's stressful knowing that movements are happening and you're not there to react. Of course, not putting in more than you can afford to lose nullifies this stress to an extent, but we all want to do the best we can when it comes to trading and crypto moves so quickly that going a day (or even a few hours) without checking can make such a difference. The response to that is only invest long term, but forced forever-holding is also not a nice situation to be in. Again, though, this risk could be said to encourage proper research and more responsible investing strats.Knowing that the weekend is a market-free period might be relaxing to some, but frustrating to others whose only free-time to trade occurs during those days. Not having the markets controlled by one entity is a nice change for some, but then to others worrying where there are fewer guarantees.What do you think? Do you like the way crypto markets operate atm?

Submitted January 01, 2022 at 02:22AM

Litecoin delivers 100,000,000th transaction today after 10 years of 100% uptime & constant user growth.

The most frequent snarky comment I hear about litecoin is that it has no use case. My reply is always, then why are so many people using it?It took just 3 months on bitpay.com/stats to exceed the transactions of every other altcoin on the platform, the top of which had multiple year headstarts to secure their leads. Coinatmradar shows litecoin has more atms than any other altcoin. The number of exchanges, payment processors, trusts, exchange traded projects, brokerages, direct retail relationships, point of sale terminals and many more alone tell the tale. Litecoin has the users.The second most popular snarky comment is "well, it gets infrastructure just because it's old". It doesn't take a whole two brain cells to know that doesn't make sense. Namecoin is older than ltc, 10s of thousands of projects are pretty old, all dead or close enough. It's costly to build and maintain infrastructure and keep projects up to date on it, infrastructure providers take dead projects down, they don't keep adding them. Litecoin just keeps growing, thriving in infrastructure while some not dead projects struggle to get and keep basic infrastructure. All for the same reason... users matter.My investment thesis inside and out of crypto is that ultimately investors follow users, even when they prefer not to. Quibi was an example of investors thinking they could force users into something no one wanted and many of you can probably think of other dumb VC wall street crap that didn't pan out. Right now, there is a growing contingent of that in crypto, pushed by the likes of mikey novogratz and other hedgies and vc dudebros.Feel to play around there if you think you can get out before the exit scammers, but don't forget that in the longer run, what matters is network effect, from users, to infrastructure, and the deeper and broader those network effects, the harder they were to build, the longer they'll last and keep generating new growth.

Submitted January 01, 2022 at 02:43AM

What was the first and the last coin you bought this year?

As we are nearing the end of the year 2021 (or at least the end in my country). Lets rewind our crypto year a little bit with a question:What was the first crypto currency as well as the last currency that you have bought this year?My first ever crypto purchase this year was ETH at the beginning of January and I will end the year by probably DCA‘ing into some Aave later tonight, hoping for a bullish 2022 in terms of crypto and especially DeFi 2.0Wish you all a happy new year as well as some green dildos

Submitted December 31, 2021 at 11:43PM

Bank of America now Offers a whopping 0,01% Interest Rate onto your Savings Account: How can Crypto just Compete against that?

Bank of America now offers 0,01% interest rate onto your savings account.Meaning that you earn a whopping $1 for every $10,000 in your account. How can we just compete against that? (Maintance fees they charge for some accounts are $8/month)Even better, some banks have started charging negative interest rate onto savings accounts, meaning that you lose a percentage of what you save on top of inflation.With CryptoCurrencies like Ethereum just having a 440% performance this year, how can banks just be so competetive against Crypto and offer us 0,01%?Charging extremely low interest rates or even negative is basically a scam directed at people who just dont know better (often older people), basically a near white-collar crime on unsuspecting people.

Submitted December 31, 2021 at 09:42PM

Maybe it's time to take a break from the crypto scene

This will be my last day from this sub for now.Crypto has taken a lot from me mentally, physically, and emotionally for the whole year. It's been a roller coaster. I've lost a lot and I've gained a lot, both only on papers. Should have would have could have, all these regrets piling up day by day has exhausted me.Maybe it's time to take a break. Maybe it's time to recuperate from all of this.So I've decided. It's definitely time to take a looooooooooooooong break from everything. From the charts, from this sub, from any crypto news, I'll be uninstalling all my exchange apps as well, so that when I come back everything would be fresh.I'll be living without fear for my investment, cause I trust the projects I put my money into.I hope when I come back, this sub will still be the same. Now tears are falling from my eyes.​​See you next year guys!

Submitted December 31, 2021 at 08:33AM

Is it possible to guess a seed phrase?

I keep on reading that nobody in the crypto space is hacked and that all crypto thefts are scams that greedy people fall for. I get that this is probably an oversimplification and I probably shouldn’t believe everything I read. I also understand that private keys are hard to guess by brute force but hear me out.I have backed up all my wallet’s seed phrases and the wallets I‘ve accumulated are a handful. It is easy to restore an existing wallet using a backed up seed phrase. But wouldn’t it be possible to guess a random seed phrase? Seed phrases after all consist of 12 (or 24) words. Wouldn’t it be reasonable to find an existing seed phrase by trying word combinations by chance? Or am I not understanding an aspect of wallets or seed phrases?I was just wondering and I’d love for someone to give a statistical or technical breakdown of why I might be right or wrong. Or just add your shitpost to farm karma and moons.Don’t ever give up your seed phrase and don’t be greedy. If it’s too good to be true then it’s not true.

Submitted December 31, 2021 at 01:08AM

Daily Discussion - December 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 December 31, 2021 at 07:00AM

Metaverses like decentraland and sandbox are gonna suck

Big companies such as nike buying up land in metaverses will end up hurting the community and make a terrible user experience. There might be some awesome uses for metaverses but if all the land is owned by these big corporations then how can it be anything more than 24/7 advertising? Maybe it’ll be nice if I want to buy some shoes but otherwise it’ll just be companies trying to profit and the metaverse experience will more the most part suck.Please correct my ignorance because I see that despite massive potential it will end up sucking hard.

Submitted December 31, 2021 at 12:37AM

The average interest rate for a savings account is 0.06%. You can easily get 6% using stable coins.

Banks are the biggest scams in the world.They are giving you you interest rates of 0.06% for your money but if you want a loan you need to pay them 10% interest on average.On crypto, you can easily get 6% interest on stable coins - probably more. And lending is so much cheaper.I get that some people might think stablecoin staking / defi isn’t as secure as banks. It might be true, but if we want change we must take a leap.Do you stake stable coins? If so, where and which one?the numbers are just averages. You most likely will be able to get better rates.

Submitted December 31, 2021 at 04:44AM

DCA 2022, tell me one coin to add in my portfolio

So, I'm preparing my 2022 Dca plan and I'd love some feedbacks from my cryptofam.The portfolio will be made of 7 coins chosen by me + 1 coin chosen by you.This is my plan for the moment but I'm open to suggestions and tips on one coin from you:BTC: will be the first and most obvious choice. We all know why Bitcoin is the blue chip of cryptos, our digital gold. Let's go next.ETH: yes, I'm an Ethereum lover, the eth2.0 transition with the POS, the incoming changes to delete the insane gas fees, the burn, web3.0, NFTs on OpenSea, even the news on Sushi, all these things make me bullish on ETH, flippening or not. ETH and BTC will compose the 50% of the portfolio, the remaining 50% will be share among the following 4 cryptos plus one proposed by you.LUNA: I fell in love with the idea behind Luna and Terra. It's probably a blue chip here to stay. The protocols Anchor, Mirror, Swap, Terra powered by UST are spectacular imho. For those who don't know, UST is an algorithmic stablecoin pegged to the value of the US dollar. What does this mean? Simply that if you want to mint 1 dollar of UST you have to burn 1 dollar of Luna.ALGO: won't say much about ALGO, if you're here then you probably already know it, it's almost everywhere in the daily. Algorand is a blockchain still in it's infancy, but with a wonderful and simple wallet, a great idea (god I love governance so much) and some nice new projects like Yieldly, a DeFi platform entirely developed on Algorand. Algo is decentalized, fast and secure and sustainable. Yep, the other great thing is the fact that Algorand is carbon negative, you can have more information on this topic on Algo's website.CRO: I'm not gonna lie, I was impressed by cdc marketing this year, the insane amount of partnerships (Formula1, Serie A, naming rights on the Lakers arena, Philadelphia 76ers and so on), but they did not stop here: Visa card with cashback and free spotify/netflix, the cdc defi wallet where you can earn up to 13% on staked CROs, even the billions of cro burned are something I liked. Now they created Cronos and are aiming to "scale the DeFi and decentralised application ecosystem, by providing developers with the ability to instantly port apps from Ethereum and EVM-compatible chains". A few projects can already be seen, like Tectonic. They are takin the NFTs market too, with some nice partnerships. For these reason I'm going to keep dcaing CRO in 2022ATOM: Last but not least. The internet of blockchains. Interoperability will be a fundamental topic imo in 2022 and beyond. I think there will be 10/15 big cryptos that will need to be interconnected, and that's what Cosmos wants to do. Like they say thei aim is "to make it easy for developers to build blockchains and break the barriers between blockchains by allowing them to transact with each other. The end goal is to create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way. With Cosmos, blockchains can maintain sovereignty, process transactions quickly and communicate with other blockchains in the ecosystem, making it optimal for a variety of use cases". They probably need to fix Atom tokenomic, but apart from that, the project is sweet. In the last month a lot of airdrops have been given to atom holders, making my bag heavier and keeping me in. And speaking about the price the good thing is that at the moment Atom is blocked under a strong resistance, but after that it's probably a stairway to heaven.CRV and CVX: Curve is a decentralized exchange optimized for low slippage and low fee swaps between assets pegged to the same value. It's an automated market maker that operates similarly to Balancer, relying on liquidity pools and rewarding those who fund the pools, except it only deals with stablecoins, that's the most simple explanation I can give you (words from Gemini site). Basically Curve is becoming more and more important in DeFi thanks to its ability to provide stablecoin liquidity across the ecosystem while offering token holders a less risky way to earn yield. Why I like this so much? Because we're dealing with stablecoins, this means that both in a bull and in a bear markets CRV will stay here and generate profits, because the demand for stablecoin liquidity doesn't care of a market up or down. There is a lot to say about Curve, the Curve war and so on (CVX and Yearn I'm talking to you), but this would take way too much time and you can find news on internet if interested.For the moment that's it, these will be the cryptos I'll DCA in 2022.If you have some tips I'll be happy to read all of them.Now, given that I already have a bag of LRC, MATIC, DOT, what coin should I add?I'm going to do a little experiment and pick one among the most upvoted answers, there is one rule: no shitcoins and no coins I already wrote.When proposing the coin please tell me why should I add it and if you will DCA it or not in 2022.That's it guys. Took a lot of time lol, hope you appreciate and this post can be useful to some of you. Remember to DYOR!

Submitted December 30, 2021 at 11:05PM

Polygon Admits The Network Was Hacked, Hacker Swiped 801,601 MATIC Tokens - The Crypto Basic

https://ift.tt/3pEMwwy

Submitted December 31, 2021 at 12:00AM

Daily Discussion - December 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 December 30, 2021 at 07:00AM

Want to learn a cool secret to reduce your percentage of losses?

Let's say you bought 1 COIN at $100. The price of COIN drops to $80. Omg, your upset you just lost 20% of your money. Friends/family all tease you, "smooth move, ex-lax, you just lost 20% of your money!" And then your GF rightfully leaves you cause you're not the coinwinner anymore.But then you realize, you just got an extra $100 saved up because you no longer have a GF which you always helped out by giving her money for her tutor fees (when she had those late Friday night study sessions with Kevin). It all clicks. BINGO!If you take that $100 and buy more COINs, you now have a total of 2.25 COINs which make your current portfolio balance $180. Since you invested $200, but only have $180 you're still down $20....but what's this! Wallah! $20 ÷ $200 = 10% loss. Holy shitcoin, Batman, you're now only down 10%!! Your portfolio is magically going up!So like me, you can go back and tell everyone you're technically only down 10% and your portfolio is going up! You're happy cause your exGF is talking to you again and comes running back to ask if you'll help move her stuff into Kevin's new apartment. So you agree, since you're a nice guy, cause you know she's smart by taking those valuable tutoring lessons from Kevin each night. Eventually when you make those gains, you can also help out and give her a little money for rent that she keeps asking so badly for and then shell have a great education and be your GF again.So just keep doing this secret trick and you'll never be down a scary 20%.

Submitted December 30, 2021 at 03:57AM

Elizabeth Warren rejects the claim that crypto can address inequality, saying the top 1% still reigns supreme

https://ift.tt/3qvM0QN

Submitted December 30, 2021 at 12:10AM

New Moons Are Ready! (Round 21)

This distribution of Moons has been finalized, and Moons are being delivered to users with a registered Vault. Users who do not have a Vault yet will get their Moons when they create one through the Reddit app.This distribution is based on karma earned from 2021-11-24 to 2021-12-21. Here is the finalized list, with contribution scores signed by Reddit.Moons are r/CryptoCurrency's form of Community Points, a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community.

Submitted December 30, 2021 at 04:03AM

Another step towards mass adoption: Italian bank will let customers buy and sell Bitcoin directly on their account, starting next year (an Italian friend just sent the link to me - can't find a source in English yet)

https://ift.tt/3JuIGyi

Submitted December 29, 2021 at 08:20PM

I'm tired of people acting like Centralization is okay. You make money off it in the short term, but centralization will never last. It defeats the entire purpose of crypto.

Over the past few months I've noticed a trend on this sub where lots of people seem to think that centralized blockchains are fine. I saw this with SOL quite a bit. The reality is that centralized crypto is horrible and it defeats the entire reason why crypto is so great.Centralized crypto is somewhere between decentralized crypto and the traditional system, but it is the worst of both worlds. Centralized crypto is not immutable (transactions can be reversed, look at ETC), it's not trustless and it's not censorship resistant which are the most important benefits of a decentralized blockchain.A centralized blockchain defeats the entire benefit of blockchain itself, which is decentralization. There is no point in using a centralized blockchain, a SQL server would work a lot better. I fully expect to be downvoted and have people in the comments attacking me for this, but the reality is that centralization is horrible and should never be justified.You may make some money on a centralized coin, which is great! All the more power to you. But don't pretend that it's okay for the long term. Centralization is antithetical to all the crypto stands for.

Submitted December 30, 2021 at 12:14AM

Time to Brag: What's the coolest thing you've done with crypto in 2021?

It's been a wild year with some wild opportunities. Some people sat on that opportunity, some people squandered it, others took advantage of it. Let's brag about it. What about you? What's the coolest thing you've done this year with your crypto?Did you buy a lambo?Did you fund a charity?Did you write a smart contract?Did you create your own token?Did you short something for the first time?Did you 10x your portfolio?Did you hodl like a champ?Did you take an online course about finance or cypto?Did you convince a family member or friend to invest without hurting the relationship?Did you buy your spouse something awesome with those sweet gains?Did you invest in yourself?No 10x or lambo for me, but I did hodl like a champ and bought my spouse a spa/hotel stay away for Christmas. However, my brag is that I was able to tip 130 users their first moon despite not being a moon whale (see image below). Others have tipped way more, but I'm still proud to have been welcoming to so many users... and who doesn't love being their first?Visit ccmoons dot com for more interesting moon data!TLDR: Title says it all, my brag is about tipping 130 first moons to users.

Submitted December 29, 2021 at 11:09PM

GameStop Is Getting Closer to Crypto, NFTs, and More

https://ift.tt/3z9jjgz

Submitted December 29, 2021 at 08:21PM

Is anyone else concerned by the shift of discussion away from technology and towards price?

I have been lurking the crypto space 2017, and I have noticed a clear trend away from discussing the technology underpinning blockchain and cryptocurrency, and towards profits.While I don't think it is a bad thing to want to make money, this suggests to me we are near a crash, as when everyone wants to take money out of the system, where does the money come from?I am seeing fewer and fewer of the passionate tech nerds and more ordinary people brought in by price hype. I am wondering if anyone else shares my concern?

Submitted December 29, 2021 at 04:46PM

2021 is about to end, you weren’t lucky to be here you got through couple of “Bear markets” to be here.

No, You're not lucky to have this gains.You did your research.You held through China banning crypto for trillion times.You held through crypto bill.You weren’t stupid enough to hold SQUID.You sit through Thanksgiving/Christmas dinners while your family made fun of your Lambo plans.You learned to invest.You didn’t buy low and sell high.You took risky decisions.You bought crypto assets.You didn’t YOLO into 100x trade.You held through the mini bear markets.You held through May crash when Bitcoin was going to 0. /sYou held through the bear traps.If now you are in profit it’s not because you were lucky. You made this possible.You got your grandma into crypto. /sGive yourself tap on the back and be ready for 2022. Whatever 2022 brings us we are ready.

Submitted December 29, 2021 at 06:43PM

My wife and I disagree. We've reached our crypto goal of a house downpayment. She says pull now before interest rates spike, I say HODL. Thoughts?

Here's the facts.We live in one of the most expensive cities in North america. Average two/three bedroom townhouse here is about 900k. We have finally saved up 15% of a down payment (other 5% covered) and we would love to get into the market before our family expands and before the inevitable interest rate hikes in the new year.Most of the holding is in ETH. We're kind of going sideways with price right now but I would still cover the down payment if I pulled today at a recent low (4800cdn).My question is, if even 1% of an interest rate hike means an extra $100k on a mortgage, is holding for 6 months to a year to see a possible 10K eth a smart move? Am I basically gaining more crypto but paying more for a house as the rates go up?I feel like I'm stuck between a rock and a hard place. A lot of hard work got me to the single goal that most crypto apes hold for, a house, but now I'm finding it impossible to pull the trigger. Also I don't know shit about fuck and she's probably smarter than me.Ps: yes i'll make sure to ignore any DMs with great offers on how to double my eth thx

Submitted December 29, 2021 at 06:10AM

Daily Discussion - December 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 December 29, 2021 at 07:00AM

The scariest part of crypto is actually using it

The first time you send a transaction to a new address“I’m just gonna do a quick copy paste of this address”15 minutes later“Does that look like a 0 or a O to you? Ah screw it.”SendOne minute later“Why hasn’t it gone through already?? Oh Jesus I knew that crypto was a scam. My family was right. I’ve just lost all my money. Why didn’t I look closer at the address? Who the hell reads through a jumbled mess of letters and numbers like this? No wonder people don’t trust this shit. I’m such an idiot -Transaction goes through“Hah! Well that wasn’t that bad. Why doesn’t everyone do this? Stupid banks. They’ll be dead in 5 years”

Submitted December 29, 2021 at 02:52AM

Iota staking is now live! If you have some Iota take it off exchange and stake in the firefly wallet!

The day has finally come iota staking rewards are now on. It has been a hard ride with exchanges blocking/suspending withdrawals, but even with these problems we have been able to reach 61% of all mirgrated iota getting staked for more stats check here. Luckily I personally was able to get my iota off of binance in the last minute and get it staked for full rewards. For 1 iota(wich equals to Mi if you want to calculate staking rewards) you can get 1 shimmers testnet and 0,000004 Assembly every 10 seconds! This is one of the largest "airdrops". For more info about the airdrop and tokens check this link.For those of you who wanna get in right now you can! The staking rewards will go for 90days and the staking has just started about few hours ago. If you do wanna get in I highly recommend using bitpanda as an exchange because you will almost instantly get you iota tokens withdrawed if it is under about 2000-3000$ over that amount i beleive there is a manual check up for your withdrawal.Also huge shout out to u/Trear who made a post about it few days ago and also got me into it after I did some research.

Submitted December 29, 2021 at 12:05AM

What's with all the panic?

I don't understand all of the panic when we've been range-bound for almost the entire month of December (unless you've been using excessive leverage). I don't think we should be panicking unless there's been a significant break to the downside.https://ift.tt/32Hk6ZO possible that 2022 could continue into an even steeper bear market. Bear markets are not new for Bitcoin, they usually come after a parabolic rise that follows a halving which can last more than a year. The last halving was on May 11th, 2020 so history is just repeating itself giving us excellent buying opportunities in 2022 and possibly even in 2023.Tax sell-offs are also a thing near the end of the year.Although the short term future may seem bleak we've still had an impressive run in 2022, don't lose sight of that.

Submitted December 29, 2021 at 02:26AM

Anyone looking into Play to Earn, here's my 45 days experience in a few games I played.

Before I start, I just wanted to point out that if you're using faucets for such little payouts, you may as well play a small game. It's fun, plus it pays much more.So here's the list of all I've tried. More coming soonCryptoroyaleFor obvious reasons, this should top the list. It's completely Free to play, no downloads, no initial investment. It pays for your time and skill. About a month ago, I could earn about 100 ROY(in-game token) per day But now with the massive number of players that joined this week, it has come down to almost 50 ROY. I usually play 3 out of the 4 daily tournaments a day. At first I was really in it for the money but now I'm kinda addicted to it. It's simply amazing and we have quite a lot of players on this sub that can vouch for this!Go to Cryptoroyale.one on your browser in your desktop or mobile and play instantly and start earning. Last I checked ROY was 0.175$SPLINTERLANDSIt's an autoplay NFT card game. I'd start off by saying that only if you're planning to keep the flow of cash coming to the game, then it MAY be profitable.Initial investment 10$ for the spellbook. You need to climb ranks to earn DEC which is in-game token. That is another paywall. Instead of buying cards as NFT, you can rent them for a few cents a day, or a few dollars a day depending on the power of the cards. To earn more rewards, you would have to rent/buy higher cards constantly and keep your rank up. Higher rank and specific cards will give you more DEC per win.Other way to earn is staking your SPS token, which is airdropped daily after calculating your in-game assets. It's lucrative if you're willing to put some money in the game.My personal experience with the game wasn't so well. I couldn't get a decent profit for the money I put. It felt like too much effort and too little pay. On the lower ranks(where you don't spend anything,) the rewards are different. You get a negligible reward for daily quest. As you climb higher, Daily quest Chests increase in number and the prize pool is different too.So I feel the game is kinda rigged to give profits to those who keep spending.League of KingdomsBuild your kingdom, collect resources, play with an alliance, kill monsters, attack other kingdoms,mine in game resources, daily tasks, event tasks etc.Completely free to play. Much easier if you find a good alliance.The way to earn here is by minting NFTs of your in-game resources. It took me a few weeks to be able to start earning. It's not an easy task but you don't have to spend too long in game. You can leave your army to collect resources and come back in a couple hours and repeat. NFTs can be minted every 8 hours(someone correct me if I'm wrong) and each 10million resource NFT sells for about 2$ on openseaMaybe multiple accounts will get you good profits. I'm still playing with only one. Over time these little sales may add up to a decent amount with minimal effort. So I keep playing.MIR4Free to play, but way too much effort.The way people make good profits in the game is using a ton of bots. I don't recommend unless you are planning to use multiple accounts and spend all day. The gameplay and graphics are pretty decent and it's kinda fun to play if you're not looking to make money.In-game DRACO coin has been falling and I didn't want to put in that much effort into it so I stopped. There are better games out there.Gods UnchainedAnother card game but I'd place this higher than splinterlands.I only recently got started. 0 investment needed and you can earn through in game token GODS and selling your cards as NFTs.The game is vast and there's a lot to learn but it pays well. I have only recently started playing so I can't give you more specifics but from what I hear, it's pretty good!Thetan ArenaIt's a shooting game! A lot of characters and everyone has different skills and stuff. You can choose a Free to Play Path and make money but the grind is very difficult. You need to rank up to Bronze which is a very painful process because as no matter how good you play, people will come with legendary characters with Overpowered skills and destroy you at times.At Bronze, at the point you can cash out, you can make about 30$-40$ after collecting rewards from rank ups.You can buy characters as NFTs but they can play a limited number of matches in a lifetime(depending on rarity) and too keep things fairer, you can play only a limited number of matches per day on which you can earn.The main issue in the game is the falling prices of THC, the in-game token. It's almost at a point where you might even take a loss if you don't get a decent amount of daily wins. I still play it not for the money, but because it's fun!BATTLE HEROAnother shooting game but it's in closed BETA right now. Open Beta is supposed to lauch in Q1 2022.It's almost free to play as you get your starter pack for free. The catch is you would need 1-2$ worth of gas to get the starter pack.Characters and weapons can be bought and sold as NFTs. Chests can be bought for both characters and Weapons.The game isn't out yet, but there's still a way to make money here.NFT rarity - common, low rare, rare, epic, legendary and mythic. A pair of character and Weapon can be placed into TRAINING which will generate the in game PE token that can be converted to BATH token. Training is locked period of 7 days and once that duration is over, you can claim your rewards. There is a lottery which will give you chests as rewards. Lottery tickets can be bought using PE, burning NFTs or by staking BATH.My experience- Pretty bullish on this game. I'm not putting my real numbers here, but for my investment, I got lucky in chests and have NFTs worth 4X times my investment. I get Training rewards Roughly equal to 10% of my investment per week(inclusive of gas fees)Once the game comes out, BATH will pump and it will be much more profitable. And we can start earning from the gameplay as well. This is the game I'm most bullish on.So.. AMA I guess? Some of you can pitch in if you have more suggestions!Last post of the year. Wish you all have a wonderful year ahead!

Submitted December 29, 2021 at 12:49AM

Reminder: Panic buying is the same disease as panic selling

With the regularly scheduled influx of buy the dip comments, and their co-star I bought the dip but it keeps dipping.. I just wanted to shoot out a reminder that the market doesn’t have to rule your life.You can set your own schedule and your own budget and not have your investment practices be so chaotic.There is something to be said about the mental toll obsessing about the market takes on people and their long-term plans. Not to mention over extending their budget in FOMO which puts your entire portfolio at risk in case of financial emergency. I’ve seen far more people mentally burn out and lose interest (and in turn lose out on possible profits) than I have of people financially ruin themselves.

Submitted December 28, 2021 at 11:05PM

Gamestop NFT Marketplace details

https://ift.tt/3FzK7sK

Submitted December 28, 2021 at 10:46AM

Bank of England warns crypto could threaten the established financial system

https://ift.tt/33kb5WY

Submitted December 28, 2021 at 07:55AM

Someone has managed to mine Bitcoin on an Nintendo Game Boy, which was released a full 20 years before Bitcoin was even invented

https://ift.tt/2PGHWyA

Submitted December 28, 2021 at 03:51AM

Daily Discussion - December 28, 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 December 28, 2021 at 07:00AM

Using my CDC Visa card for a year and a half saved me $10k

I don’t know about you all but credit cards in Europe suck compared to the USA. Our perks are minimal and it started when the EU brought in laws that limited how much credit cards could charge merchants. You’d think that this would allow merchants to lower the price of their goods but not when everyone had already gotten used to paying those prices in the first place. So we just ended up continuing to pay the higher price while losing our credit card perks like tons of points that were valuable etc. Now the cards here offer at most around 0.1% cashback equivalent on spending.So imagine my excitement when crypto cards started coming around that allowed you to get cashback depending on how much you were willing to invest all the way up to a whopping 8% now. I was straight onto it and settled on a visa from Crypto.com and have been spending with it ever since. It’s a game changer. This can result in saving a lot of money when you live most of your life on a discount. Added bonus when your coins generate APY and go up over 500% after you bought them, allowing you to sell the extras you don’t need to meet the minimum stake for your reward tier.I got my card about a year and a half ago and have been using it everywhere I can in my life. I’ve just hit over $10k saved with the card. These cards are awesome for personal finance goals and if anyone hasn’t gotten one of them yet, I’d highly recommend it. Not just CDC but other companies provide decent cards too with good cashback and other perks.Proof: https://ift.tt/3EwIP0q

Submitted December 28, 2021 at 03:35AM

Charlie Munger wishes that crypto never existed and applauds countries that are banning it

"I wish they'd never been invented," Munger said at the Sohn conference in Sydney on Friday, in interview"I admire the Chinese, I think they made the correct decision, which was to simply ban them," Munger added.And I left the best for end:"I don't welcome a currency that's so useful to kidnappers and extortionists and so forth, nor do I like just shuffling out of your extra billions of billions of dollars to somebody who just invented a new financial product out of thin air."Useful to kidnappers? Yeah dude, that would be your beloved cash, not crypto.

Submitted December 27, 2021 at 10:18PM

Let’s talk Metaverse. Does anyone SERIOUSLY want to BUY digital land for significant amounts of crypto to build a digital dream home on to mess around in with friends in VR? What will people actually use the metaverse to do in 2030?

Everyone’s hyped about the metaverse. There are skeptics too. But what I haven’t heard much of lately around here is speculation around what other things metaverses could do than being, essentially, FarmVille with real money, or a VR version of Second Life or Habbo Hotel where people obsessed with sentimental value keep up with the joneses by buying NFT clothes and stuff to wear around Fake New York because… they’re too poor or too shy to wear real fashion around real New York?Okay okay fine. There are many people like that and they really are that vain and we would all be happy to take their money by selling them glorified Fortnite skins for the equivalent of a US median annual salary in crypto. But that doesn’t sound like a product that’ll reach a market of millions or billions of people. It certainly has zero appeal to the average middle class, two career family that makes up the bulk of the millennial generation. It is objectively speaking a very niche luxury market for rich people who already spend a lot of time and money living in a digital world, playing MMOs or creating content on social media platforms.What are some lesser known use cases for metaverse technology that might be a little more practical and attractive for the majority of people? People who don’t like spending their hard earned money on online appearances?

Submitted December 28, 2021 at 12:00AM

Why is Bitcoin (and Ethereum to a degree as well) still seen as “the future”, when they are technologically inferior to many alternate coins?

When looking at the crypto marketplace, I see many coins such as Hedera, Solana, and Cardano to name a few, who are massively superior in most senses like energy consumption, transactional speed and security, and gas fees, to the major coins such as BTC and ETH. And yet, these big cryptos are still seen as the currency of the future. Is this just because they’re considered the “early movers” in the market and have garnered public knowledge before these altcoins, or is there something that makes these larger coins different and “better”? For me, I can see BTC and ETH becoming like the “Yahoo” of early internet, and one of these other, more efficient and refined coins becoming the “Google”, or the natural evolution of an early, growing space into maturity. Thoughts?Edit: seems as though most found this post quite controversial. Truthfully, I shouldn’t have written it with such a demeaning attitude towards BTC and ETH, because I do think they have their place which I neglected to cover. BTC is probably the best “store of value” in the space, and due to public perception, probably always will be. ETH is trying to address their issues with ETH2, which I’m curious to see how that comes about in what shape or form it eventually does. Will they achieve what they’re trying to before any of these other coins achieve decentralization or better security? That remains to be seen. I know some of them have pointed out pathways to do so. And I still believe that some aspects of their tech are superior to the major coins, but the concerns raised were legitimate. Regardless, I’m just an average guy who has no particular expert knowledge of crypto in general, just asking something that I genuinely was curious about because it’s a question I’ve heard from others before. Didn’t really intend for it to be a shot at any coin though I know it did sound that way

Submitted December 27, 2021 at 12:26PM

To The Investors Who Got Into Crypto In 2021, How Has Crypto Changed Your Life?

What aspects of your life were changed after you started saving money and putting some aside for buying cryptocurrencies? And how has researching about crypto and DeFi changed you?I'll go first: I started keeping a complete & comprehensive track of all my transactions, and as a side effect got really good at MS Excel. Although it didn't encourage me to reduce my expenses as I personally don't buy excessive shit I don't need. But it sure did help me motivate and increase my income. Also, as an engineer and as a developer, I did learn a lot about blockchain, cryptography, and finance. As an engineer, finance was something completely new to me, but I think it sure is something everyone needs to learn.So your turn, what impact did treading into the wild-west of finance have on your life in 2021?

Submitted December 27, 2021 at 07:13PM

What will happen to El Salvador in case of a bear market?

A whole nation which buy BTC as a national reserve, this has its advantages and disadvantages.So far they they were making profit, but let's say we hit a bear market at a certain moment in time (I'm not to wake up bears in hibernation, I like bulls more, but just talking in theory),what would happen to them? Do the people become poorer? And the economy over there, what could happen?I am a proud supporter of the idea of cryptocurrency and I see El Salvador as an great innovative yet social/govermental/ecology experiement. They are the first to make Bitcoin a legal tender and it is exciting to see what will happen there in 10 years after adopting crypto.

Submitted December 27, 2021 at 04:30AM

Daily Discussion - December 27, 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 December 27, 2021 at 07:00AM

What's your passive portfolio?

Hello all and happy boxing day.So what methods are you all using to stack more coins? I am talking outside of simply purchasing with fiatFor me:1- Mining ETH, have been for almost a year with my gaming PC, it's by far my beat passive income even though I don't have a dedicated mining setup.2 - Staking, I have CRO and ETH staked and some stable coin, albeit not all of my ETH as I am not 100% confident in the security and am too attached to it!3 - Rewards card, I use a crypto.com rewards card started 5 months ago and worked my way to the next tier so I get 3% back on all purchases and love getting that money back, I actually want to be the one paying for large group trips etc just to get that rewards.Finally, some modest moons, but they ain't exactly passive.Curious to hear what others are currently involved in and how they rate them.As always thanks for the Input

Submitted December 27, 2021 at 05:31AM

Some of you guys that have 10k+ Moons and don’t have 2FA turned on are absolutely insane.

Your moons are displayed in your username which makes you an easy target. And with mainnet and liquidity coming soon the price could easily settle on $1+ per moon.IMO everyone involved in crypto should absolutely have non-SMS 2FA. It makes you resistant to sim-swap and 99% of attacks.I use Authy but Google has an authenticator as well. The beauty of Authy is you can create a password for all your 2FA keys, back them up to the cloud and download them to any device using your pass.Good luck out there and fuck scammers!

Submitted December 27, 2021 at 04:01AM

Binance lost users Bitcoin because they converted the address provided by the user to a different address (which they thought was supportive of the Taproot fork of Bitcoin) and ended up burning all the funds by sending it to a wrong address. Now saying that it was users fault.

Taproot is a soft-fork which was introduced to the Bitcoin network on 14th Nov (last month). Binance made an announcement saying that they would support the Bitcoin Taproot upgrade for all withdrawals and deposits."Binance will handle all technical requirements involved for all users holding BTC in their Binance accounts."(Source: https://ift.tt/3eozWeq tried to withdraw their funds to their PT2R address, Binance changed the address on their end to P2WSH address and transferred the funds to the newly created address- effectively burning Bitcoin of the users. They are also refusing to refund the lost bitcoin to the said users.NO EXCHANGE should EVER change the address to a different address. They'll just end up burning the assets of the customers.(Source: https://ift.tt/3pqXDsW)

Submitted December 27, 2021 at 12:35AM

Advice on buying $100k in ETH

Basically, I have $100k I want to invest into ETH within the next 4 months and want to hold for it for at least 6+ months. How would you recommend I go about this? To move that much money without problems and keep it safe.​Background: I'm pretty new to crypto, and I've been following and researching crypto for the past two months. In that time, I've only done 1 buy and sell order. I have a good idea of how I want to do this, but I want some input from the community dropping that much money down. Thanks!

Submitted December 26, 2021 at 11:34PM

A post about BTC from 8 years ago!

“I put all my life savings into bitcoinsLast week, I put all my life savings into Bitcoin. I'm only 30 so I know while it is a risk, I still have a chance to recover if it crashes, and I have a full time job anyway. I just thought how the people around me are putting money into their houses, into children and expensive weddings, and they will never get a return on that. It just disappears. I also thought how most people will go their whole life and not take a risk and 'go for it'... and when I'm older, I will not be able to things like this. I will be a lot more conservative. Now is the time for me to take a risk.So I put a total of about $50,000 USD and bought in. I don't know how long I'll keep it in, but I'm thinking at least 5 to 10 years, maybe longer. I haven't told anyone and I don't plan to, but I feel good about it. Another thing I think about is that there will only be 21 million bitcoins ever released, and that is NOTHING when I stop and think about it. To me it seems like a great opportunity”That was his last post, hasn’t been active since that day.Leaving with a bang!https://ift.tt/3Ep5M5r

Submitted December 26, 2021 at 04:27AM

Staples Center officially becomes Crypto.com Arena today

https://ift.tt/3qq39LN

Submitted December 26, 2021 at 03:25AM

My Grandmother gave me money to invest for her

Hello, I need your advice. So my grandmother gave me $1000 to invest in crypto for her for Christmas. I know how crypto works, I've invested before, just not a really big fan of it or have a ton of experience. I was planning on putting $500 into Ethereum, and the other $500 split between various alt coins. Is that smart? Or should I put more into Ethereum or bitcoin and ignore the alt coins completely? She said she doesn't want to know about it for a couple of years so short term losses aren't important. Also don’t know if I should wait to invest it or just go all in now.Edit: should have mentioned that my brothers also got $1000 to invest so I have to prove that I’m better than them

Submitted December 26, 2021 at 12:50AM

Please be KIND to newbies

I sometimes hate how this sub treat newbies.Don't get me wrong: this sub has taught me a lot about crypto, and I'm grateful to have a place to talk about it and learn from others. The most important lesson I've learnt is to accept advise and opinions from this site with a grain of salt. Still, I believe it is critical that we be welcoming to newcomers and respectful when they ask what some may consider a silly question (s).We all need to learn something, and I feel the best way to learn is to ask questions. When someone new to crypto asks a question, we shouldn't be rude or condescending. I realize some of it can be found on google, but I honestly feel people just want to fit in and have conversations with people who share their interests. In the real world, where many people still believe crypto is a scam, that's difficult to come by.Anyway, this is all I'm saying.Let’s treat each other with respect and be kind.Merry Christmas

Submitted December 26, 2021 at 01:31AM

The supply of Bitcoin is dwindling, with only around 6% of the token left in circulation on cryptocurrency exchanges

https://ift.tt/3z1K1I2

Submitted December 25, 2021 at 11:39PM

Miami and New York race to become the country’s crypto capital

https://ift.tt/3EtkqJ9

Submitted December 25, 2021 at 07:59PM

Daily Discussion - December 25, 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 December 25, 2021 at 07:00AM

Forget predictions from youtubers, what are YOUR predictions for 2022?

No more $100k eoy 2021 posts this year anymore.Now it is YOUR time to say what you think and predict for the awesome next year 2022!!!!Please do not down vote each others, everyone should be free to say what they think would happen in 2022 and let's have fun together!So this are my thoughts/ predictions for 2022:New ATHs for a lot of coins, in March/April 2022we will reach the first peak and Eth reaches $6.9k, whales do a joke on us and dump it to $4.2k, it will recover quickly and in June 2022 we hit a wonderful ATH for most of the coins with surprise wonders such as ALGO, CRO, ONE, ADA, SOL, MATIC, LRC, ATOM, LINK, XTZ and SHIB. No spectacular end of year 2022 crypto prices, but 2023 will be even more bullish than 2022 will be.So happy we are all still early.

Submitted December 25, 2021 at 04:22AM

I got scammed and lost 26 ETH / ~$100,000. In need of a Christmas miracle.

On morning of December 6, I logged into my Metamask wallet and saw that all my ETH was transferred out to an unknown wallet. My Metamask wallet is on a computer that I use only for crypto transactions, and my seed phrase is not stored anywhere digitally. I immediately checked etherscan to see what had happened.My wallet:https://ift.tt/3qqIZRM wallet:https://ift.tt/3pnOq4M confirming my ETH was stolen, I knew what went wrong. The night before, I was playing a crypto game called Town Star. The game allows for scripts to automate some of the actions in the game. I searched around and came across this YouTube channel that promoted a link to such a script.https://www.youtube.com/watch?v=hSc6fSgFbBc (now deactivated by YouTube)I downloaded the script, and in a lapse of judgement, I ran it without doing enough due diligence or have my spider senses go off. It immediately triggered my anti-virus and the file was quarantined and removed. I had a quick thought to reformat my computer right then, but it was late, and I went to sleep. Once I found out my ETH was stolen the next day, I scoured the internet to figure out what to do next.File local police report (report approved)Submit IC3.gov internet crime reportKeep close tab on scammer's walletLearn about how to notify exchanges once the stolen ETH movesI had a mining payout that was scheduled to payout that same day. I sat in front of my computer all day to move the last bit out before the scammer could do so. A day after, I was contacted by a Secret Service agent who had seen my IC3.gov report. Here's our correspondence below:https://ift.tt/3mxa9W6 then, I've been waiting for a response back. Safe to say I went through all the emotions of fear, anger, shame, denial, grief, and acceptance. My wife and son gave me a lot of comfort in the past 2 weeks. I felt like I had failed them. My family is absolutely devastated by this incident as this was a big investment for us to mine the ETH. But I'm grateful to know that we have the strength to carry on even if the money never comes back.I know now the dangers of having a hot wallet. Previously when I started mining, I went for the quick and cheapest solution. As my mining continued, I neglected to understand how to secure my assets and didn't take the necessary actions to do that. And while I've come to terms that the ETH will 99.9% never come back, I stumbled across u/anonymizeme post recently, and it gave me some hope. Our family is praying for a Christmas miracle. Appreciate any guidance and support. Merry Christmas everyone!

Submitted December 25, 2021 at 03:03AM

New on Algorand/Yieldly: Staking of Liquidity Pool Tokens

Algorand's staking platform, Yieldly, announced today that it will soon be offering the option to stake liquidity pool tokens, encouraging more investment in the liquidity pools for ASAs (tokens running on the Algorand blockchain).The first such staking pool will be for Akita Inu ASA, and it is coming before the end of the year.Investors can already put an equal value of Algo and Akita Inu ASA into the Akita/Algo liquidity pool on Tinyman (the DEX), and get liquidity-pool tokens in return. These LP tokens appreciate with fees from all subsequent Algo-to-Akita and Akita-to-Algo trades. The new LP staking on Yieldly will make it possible for people to stake their LP tokens to get additional Yieldly tokens.It sounds like other ASAs will follow suit soon after.Low liquidity is a problem for many ASAs, maybe this will help fix it by offering that extra incentive for people to invest in liquidity pools. I'm assuming this has been done at least some on other blockchains already... Can anyone comment on what impact it has had there?Announcement: https://ift.tt/3myi8SJ https://ift.tt/30ZC8Go Inu ASA: https://ift.tt/3qrfM9i https://tinyman.org

Submitted December 25, 2021 at 03:12AM

Algorand Governance Period #2 - Registration Now Open!

The registration for committing your Algo into governance is now open for the 2nd Governance Period. The registration window is open until January 7th.The 2nd Governance Period will run until March 31st and you must maintain your committed balance throughout the entire 3-month period to be eligible for rewards.https://ift.tt/32B5KdH have not yet posted what questions will be voted on during this governance period.For those that participated in the first governance period, your Algo must remain committed until December 31st to remain eligible for rewards. Payout will happen between Jan 1 - Jan 5.Cheers to all the Governors out there!

Submitted December 24, 2021 at 11:57PM

Which crypto you will dump as soon as it reaches your break-even point?

We all have that crypto we FOMOed in without or with little bit of research.Then the price fall... and keep falling...until you lost every little bit of conviction you have in it. (If you have any in the first place). So you're not willing to average down.You just wait for months, hoping it can recover to at least your buy in price.Maybe you know they have good following or decent fundamentals, so there's a real chance it could recover.If you have any like that, do share it with us along with the reason why you bought it in the first place. 🙂

Submitted December 25, 2021 at 12:08AM

Introducing Reddit Community Points Swap - RCPswap Powered by MOOND !

We are excited to launch the first Automated Market Making DeFi protocol on Reddit Arbitrum made especially for Reddit Community Points (RCP)!​MOOND LOGORCPswap will enable you to Provide Liquidity and do Swaps between RCPs while everything is done in decentralized way by smart contracts on Reddit Arbitrum network.RCPswap.com is the interface in which you can interact with the deployed smart contracts:RCPswapV2-Factory.sol 0x54a745c41643163b3788A6C77eeB1021Ab3dBc0FRCPswapV2-Router.sol 0x129122bae348cF6Cd4867E7372CA19d310361c65​Token ListThere are 3 basic functionalities:​Swap - Simple swapping between 2 tokens that you choose.Pool - Here you can add or create liquidity for 2 tokens(pair), after you provide liquidity, you will receive LP-Token which represents your share in the pool for that specific pair. People who create / add Liquidity are called Liquidity Providers (LP).Bridge - Because Reddit Arbitrum is Layer 2 on top of Ethereum Rinkeby Testnet, we have to bridge tokens from other blockchains to enable you making and participating in the market. Currently MOOND is bridgeable from/to Binance Smart Chain, our main goal is adding stablecoin which is easily accessible to anyone while having low txs fees.​​Swap RCPs​​Fees to Swap: The Swap fee is 0.9% and it’s divided between Liquidity Providers - 0.75% and MoonsDust Treasury - 0.15% (MOOND Buy Back & Brun).Metamask is a must for interacting with RCPswap, you need to add Reddit Arbitrum and the tokens you will use.​Why would someone be LP?LP receive 0.75% of each trade on RCPswap!Other reason is LP are making and supporting the market which is heavily needed for RCPs.​Provide LiquidityWhat Next?Adding Stablecoin, New Design and Logo, Migrating MoonsSwap from HoneySwap to RCPswap, TheGraph Api integration + Analytics page, listing on CoinMarketCap and CoinGecko. These and more will be available on MoonsDust’s Roadmap soon.

Submitted December 24, 2021 at 07:52AM

Daily Discussion - December 24, 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 December 24, 2021 at 07:00AM

Dogecoin announces a roadmap for the first time in its history

https://ift.tt/3povkLH

Submitted December 24, 2021 at 05:30AM

You doubters are going to look quite foolish when BTC actually DOES hit $100K by EOY

Have none of you people seen a holiday movie? Of course it will seem unlikely that the thing everyone hopes will happen will come true.We are in the final stretch now, so be prepared for some seasonal magic to hit, no matter how ridiculous and contrived. Perhaps it will happen when the Grinch character in your life (A douche brother - in - law perhaps?) will say something dismissive like "You should never have wasted your time and money with something as foolish as crypto".Then you will see the numbers start to shoot up. His eyes will go wider and wider as he realizes his mistake. (You giggling when it hits $69K won't help any). When it finally hits $100K, his heart will grow 3 sizes that day and you will be vindicated.This happening is inevitable. The only chance of it not happening would be if our lives are not a work of fiction, and that seems very unlikely.

Submitted December 24, 2021 at 01:52AM

Bitcoin finally woke the fuck up and broke through 50K - the bull is back and angry as hell.

Mods: Reposting this without the price speculation (my bad for Rule 5.7).​Okay, so after 4/5 attempts this past 10 days, Grandpa finally decided to make the bears weep. Tomorrow is Friday and we all know what that means - hopefully shorts getting destroyed.It was more than likely than we'd go up instead of back down (traditional Xmas bump), but that crabbing lasted a fair while. It was only after seeing what happened with LRC, MATIC, CRO, AVAX and LUNA over the past few days that it was becoming clear a stable bottom had been reached.So now two paths lie ahead: a brand new run beginning this weekend and lasting until at least mid January (credit bills landing, etc) before resuming after Valentine's Day, or a return downwards and more crabbing.Either way, the only thing that actually matters is the fact that 2022 will be THE year that mass adoption becomes reality.​There is a LOT to be bullish about:Omicron nowhere near as serious as anticipated a month agoDe-escalation in Russian-Ukraine hostilities (US and Russia meeting in January in Geneva for talks). ie no War.Evergrande fucked but no-one caresChina might reban crypto, but it will have no effect anymoreGameStop accepting BTC, DOGE and SHIBTESLA accepting DOGEOfficial Crypto.com Arena rename on 25th December + Laker's gameBoth FTX and Crypto.com have bought Superbowl ads for FebruaryZK rollups and ETH gas fees fallingETH 2.0 and the end of mining (ETH deflationary)Inflation hopefully settling down and the wider markets recovering​What do you folks think?

Submitted December 24, 2021 at 01:23AM

Bitcoin has passed $50,000 after 12 days of small bear market!

Bitcoin has finally, after a long 12 days wait of impatient crypto hodlers, crossed 50k Us Dollars mark.According to some hodlers, these last 12 days were the most difficult few days in their lives. More difficult than 2017's bear market, because these kids were not born back then.Now that btc is going up, people will finally invest more money when it reaches 135k, at the top. They will promise each other to hodl through the bear market.Finally we can move on!..Now everyone can stop staring at btc and look towards their altcoin profits.

Submitted December 24, 2021 at 12:56AM

Cryptocom Buys An Ad Space For The Super Bowl 2022 As Its Last Major Business Move Of The Year

https://ift.tt/3yRDMq0

Submitted December 23, 2021 at 08:26AM

Loopring - Cash to crypto + general stealth

I made the initial post on the loopring sub, but I figured a way to turn cash into crypto would be of general interest. this method does not completely avoid KYC, but I included the stealthiest way i found via bank, and you should be able to buy gift cards and use them on Ramp.---​Initially I went down this rabbit hole because i saw a post regarding Mexican culture in the US being primarily cash based because Illegal immigrants can open bank accounts. I did some digging and may have figured out some workarounds vs. direct bank/card to loopring.I used Privacy.com linked to my bank account to mask the transaction from my bank successfully. I don't believe you can currently fund a privacy.com account with a gift card, but it may be possible. it looks like they are adding future payment options, that might be one of them.I do not fully understand the benefits of this, but ill be doing it.I currently have a ledger Hardwallet, and you could possibly DOX yourself by going directly going from bank to your ledger address. I don't know how ramps KYC works, but it may link that address to your verification. there's unforeseen implications. The stealthier method would be: fiat onramp to free counterfactual wallet/loopring wallet, send to hardwallet on L2. the low fees should make that step negligible. i also plan on my counterfactual wallet being my "dummy" wallet in case of wrench attacks.Ramp itself has a KYC, but it seems fairly low level. I'm not sure the tax implications, or how they operate with federals. if anyone could help me out let me know. but as far as i can tell, they would only have access to the data of the USD-ETH transfer at the moment of transfer. not any trades or gains made from trades. i haven't figured out an off-ramp yet, but lets say you transfer and sell on Coinbase, and theres no record of gains, how will it be taxed? real question.as far as turning cash into crypto... it looks like you can buy a visa gift card, and register it online with you mailing address. that mailing address becomes the billing address. you have to undergo the RAMP KYC, but you can use national documents, drivers license, and passports. and you should be good to go.one step further into stealth: UPS rents mailboxes that count as legal home addresses. [redacted for illegal activities regarding fake IDs and mailboxes]in the case of illegal immigrants turning USD into ETH and "becoming their own bank (since they cant register for a bank account), those immigrants could be able to use their home KYC data, USD gift cards from the states, and mailing address/ups box.Edit: I didn't try a gift card, but the fact that privacy.com cards work mean that it doesn't have to be a bank issued card.and for those implying i'm promoting illegal activities: this is merely a discussion for security and potential use cases of a new technology, and how it may disrupt current culture.

Submitted December 23, 2021 at 04:29AM

Daily Discussion - December 23, 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 December 23, 2021 at 07:00AM

The only crypto dictionary you will ever need

With expressions like "HODL", "FOMO", "DAO", "ATH", "LP" we can sometimes sound alien to people who aren't into cryptospace.​Are you new to crypto and want to join in the conversation? Let's start from the A​ABBREVATIONEXPLANATIONAirdropIt's not C17 dropping a Humvee onto you. It's a giveaway for holders of certain crypto or for founders. In short: free coins!Altcoin / AltsAn altcoin is any coin that’s not Bitcoin (however nowadays Eth is not quite considered an altcoin anymore).AMMAutomated Market Maker. A kind of decentralized exchange platform (or DEX).ATHAll time high aka the highest price of an asset. Also known as, the time when we decide to buy.ATLAll time low aka the lowest price of an asset so far. Also known as, the time when we feel like it's really time to sell.BearBear market is a declining market.BullBull market is a rising market.Buy the dipWhen crypto dips, it's a good time to buy. Hence, buy the dip and have some tasty nachos read in case of drama.BlockGroups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell coins.BlockchainA digital form of record keeping, and the underlying technology behind cryptocurrencies.BSCBinance smart chain network (BNB)BRRRRRUsually combined with another word such as printers, crypto and such. I suspect it's onomatopoeia for whirring. Usage "government is gonna put another billion dollars in. PRINTERS GO BRRRRR".CoinA representative store of digital value that lives on a given blockchain or cryptocurrency network. Some blockchains have the same name for both the network and the coin, like Bitcoin.Cold WalletA secure method of storing your cryptocurrency completely offline. Many cold wallets (also called hardware wallets) are physical devices that look similar to a USB drive.DAOA decentralized autonomous organization (or DAO) is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government.DecentralizationThe principle of distributing power away from a central point. Blockchains are traditionally decentralized because they require majority approval from all users to operate and make changes, rather than a central authority such as a national bank.Decentralized Finance / DeFiFinancial activities conducted without the involvement of an intermediary such as bank or CEX.Decentralized Applications / DAppsApplications designed by developers and deployed on a blockchain to carry out actions without intermediaries.Digital GoldExperts sometimes compare specific cryptocurrencies to real gold based on the way it can store and increase in value.DYORDo your own research. Usually that means looking at the logos and deciding which one looks cooler.ERC20Ethereum networkFIATFiat makes great cars but not money. FIAT is a currency without intrinsic value established as money by government regulation. $,€,¥are all FIAT. Sometimes also called "shitcoins"FlippeningNot to be mistaken for "fappening"! It's an act of Ethereum overtaking Bitcoin in mcap or other metric.FOMOFear of missing out. Its when you see LUNA go to 95$ and you buy in because you dont want to miss out the opportunity. Can be very dangerous.Fork / Hard fork and Soft forkFork is when a cryptocurrency platform's existing code is changed. A hard fork is when nodes of the newest version of a blockchain no longer accept the older version of the blockchain. With a soft fork, only one blockchain will remain valid as users adopt the update. Think of it as an upgrade of network.FUDFear, uncertainty, doubt. It's what makes this place fun!GasA fee that developers have to pay for transactions. You may hear things such as "omfg these fees are killing me" and "I need to take a loan to move my 0.001 ETH".GWEIGwei is denomination of ETH which the gas is paid in. 1 GWEI equals to 0.000000001 ETH.Genesis BlockThe first block of a crypto. Here's our little cryptocurrency investorIt's what they call us at family dinners.HODL“Hold On for Dear Life” that was started to get popular by a meme post in 2013.HalvingA feature written into Bitcoin’s code in which after a certain number of blocks are mined (typically every four years) the amount of new Bitcoin entering circulation gets halved.Hot WalletA software-based cryptocurrency wallet connected to the Internet.InfluencerScumbagInitial Coin Offering (ICO)A way that funds are raised for a new cryptocurrency project. Popular in 2017 and a legendary for some big disappointments.KYCKnow your customer. It's what most exchanges have been pushing lately. Usually it means submitting your photos, documents and address.LamboLamborghini .Usually used in conjunction with when. "When Lambo" in translations means " when will my coin go high enough for me to become rich?".LPLiquidity Provider (LP). A liquidity provider is a user who funds a liquidity pool with crypto assets she owns to facilitate trading on the platform and earn passive income on her deposit.MainnetMainnet is the released functional blockchain. (see testnet)Market Capitalization / MCAPCryptocurrency market capitalization refers to the total value of all the coins. Also one of the many reasons why SHIB will not go to 1$.MintMinting is how a file, usually a NFT, is recorded to a blockchain.(To the) moonGoing up like heckMoonsWhat makes this place go aroundMCIBYCFCMom can I borrow your card for crypto. I have never said line that before. IM A GROWN MAN DAMN IT!NocoinerPeople who don't believe in cryptocurrency or dislike it.NodeA computer that connects to a blockchain network.P2PPeer to peer. In crypto this is mostly used in payments where two users transfer funds without an intermediary.Public Key Your wallet’s address, which is similar to your bank account number.Private Key / Private seedThe encrypted code that allows direct access to your cryptocurrency. This is the key to your money.Pump&DumpDon't worry, it's not "jerking off while shitting". It's artificially inflating the price of crypto in order to sell at a higher price.PoWProof of Work involves solving cryptographic equations using computing power. Bitcoin is based on PoW protocol.PoSProof of Stake uses digital coins for the right to validate new block transactions. Polkadot is one of many PoS protocol based cryptos.REKTShort for "getting wrecked". Usually "I got so REKT by buying ICP at ATH"Rug PullSQUID investors most hated word. Rug pull is where crypto developer(s) abandon a project and run away with the money.Satoshi NakamotoThe big daddy. The OG. The founder of Bitcoin.SatsSatoshis, or SATs, are a fraction of a Bitcoin. 1 BTC = 100.000.000 SATs. Keep stacking em!ShitcoinIn 2021 one of the most discussed things here were shitcoins. Shitcoins are cryptocurrencies which have no use apart from hype or other thin air stuff. Sometimes shitcoins can evolve into meme coins. Synonym with FIAT (see FIAT)ShillingIt's not an ex-Austrian currency. It's a person hyping coins or shitcoins for their own benefit. Avoid.Smart ContractAn algorithmic program that enacts the terms of a contract automatically based on its code. One of the main value propositions of the Ethereum network is its ability to execute smart contracts. StablecoinA stablecoin pegs its value to some other non-digital currency or commodity. It's usually what you buy other crypto with.TestnetThe testnet is the testing “Sandbox” blockchain.TokenA unit of value on a blockchain that usually has some other value proposition besides just a transfer of value (like a coin). Usually tokens are what we lose money on.WalletPlace to store cryptoWhaleNot your mom but someone who owns a big portion of coins. Usually the word is used in respect like "omg look at that whale moving 200BTC"Yield FarmingYield farming involves staking, or locking up, your cryptocurrency in exchange for interest or more crypto.​I hope this helps you guys fill more at home here and to understand what we are rambling about. If you enjoyed my post, let me know. If you want me to add something, also let me know. If you hated it..do let me know <3​Take care and have a great holiday time!​---------------------------------------------------------------Sources of (most content.)Time.com , UsaToday , Altcoinbuzz.io , Weteachblockchain.org , AlexandriaCMC

Submitted December 23, 2021 at 04:10AM

I didn’t 10x this bull run.. am I an idiot?

During this bull market a lot of people were posting their assets in crypto and they’re insane figures going up a lot and it sometimes triggers FOMO especially in new investors. Don’t get triggered by those numbersThose of you who entered the space and bought at or near top it’s very likely that you won’t be seeing those kind of returns on your investments just yet. Those who have 10x-ed or even more have likely likely invested much earlier than you did so you have to take that into it into account.Also it’s likely that they invested when the fear levels were high and the market was much more volatile. Greater risk sometimes means great rewards.Keep in mind that bulls market make profits… but bear market makes millionaires.Be brave when others are fearful. And have patience..alway be on the hunt for good bargains on projects that show some good potential.

Submitted December 22, 2021 at 10:33PM

Are BTC and ETH only "Blue chips" we have in cryptocurrencies?

For all those who don't know, blue chip is considered a financially stable company, in this case we are talking about cryptocurrencies where blue chip is considered to be every coin that has a market capital of over $ 2 billion.Is that true in practice? I wouldn’t say, and before the coins had over $2 billion in market capital so they did good they are doing good but...Their prices have dropped and market capital went down. People who invested in ATH waiting for that "forget and earn" burned themselves. Not saying that the projects are dead, but for someone who invested in ATH they could look dead.So, apart from Bitcoin and Ethereum, what else do you consider a blue chip in cryptocurrencies?Edit: wrote trillion on second paragraph instead of billion

Submitted December 23, 2021 at 02:03AM

New Moons Distribution (Round 21 Proposal)

Moons are r/CryptoCurrency's version of Community Points. Community Points are a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community.Moons are distributed every 4 weeks based on contributions people make to r/CryptoCurrency. For every distribution, Reddit publishes karma data as a default measure of contribution. The community can review the data and optionally propose an alternative distribution, if they wish.This distribution is based on karma earned from 2021-11-24 to 2021-12-21. Here is the data.To propose an alternative distribution:You can create a CSV with alternative contribution scores or propose changes to the algorithm used to calculate them from karma (as long as the changes can be implemented easily).The amount of Moons distributed to a user will be proportional to their contribution score. Contribution scores cannot be negative.Make a poll to have the community vote on your proposal. Include an accurate description of the changes you are proposing.In order to pass, the winning option in the poll must meet the decision threshold (minimum number of Moons in support). If it is in favor of the change, it becomes the official contribution measurement (unless there is evidence of abuse in the vote, such as bribery). Algorithm changes will carry forward to future distributions.In case of multiple competing polls passing, the one with the most Moons cast in favor will be the official one.If no alternative passes, the data provided here will become official.The contribution scores for this round will be finalized on 2021-12-29. Any poll proposing an alternative needs to be completed by then.After the scores are finalized, Reddit will sign the data and publish the final, official data. After that, people with a registered Vault will receive Moons directly into their Vault. Other users will receive their Moons when they create and register a Vault.

Submitted December 23, 2021 at 04:01AM

Technical Analysis is bullshit.

Technical Analysis is garbage sold by charlatans who would themselves be rich if what they were pushing really did work.Why believe in this?- Some people think price and market movements aren't random.- It's easy. Draw some lines, figure your supports out, you'll be quitting your full-time job by this time next year. It's the kind of thing you can learn in a few hours. If it was this easy to beat the market, we'd all be doing it.- Pattern recognition. We're humans, this is what we do. Doesn't mean the patterns we see are real, though.You don't realize what you're talking about when comparing your chart lines to what big firms do:A single proprietary trading firm can have enough computers to fill your house ten times and then some. Each of these computers can easily be $50,000 or more. These firms have zero problem hiring the best programmers in the world for $500 per hour or more to program some of the most complicated programs that ever existed.These guys have no problem investing millions to cut their ping from 2s to 1.99s. They have no problems paying an additional $10,000,000 per month rent just to have a office that is half a mile closing to Wall Street just so their orders will pass through a milli-second faster. These people have no problems offering a $500,000 signing bonus to grab the best financial engineering grads and then offering millions of dollars in bonuses every year, even if the trader doesn’t perform all that well.These people can test BILLIONS of possible technical analysis indicators and combinations on about every single product that exists a million times by the time you notice your little “A heads and shoulder pattern is forming!” These people can send a million trades by the time your finger hits the “buy” button. These people can backtest millions of strategies in real time by the time you blink your eyes. And despite all that, the vast majority of these funds do not beat the market on a risk-adjusted basis over an extended period of time.If you think your moving average whatever can compete with that then go get hired at these firms and teach them what's up.Why are there technical analysts working for brokerage firms, then? Because they recommend a lot of trades and trades generate commissions. They make money from the commission taken from retail, not the trading profits. They get theirs whether up or down.Here's the thing:Technical analysis has no scientific value.If you go to a big fund or trading firm and try to pitch them your MACD strategy, they'll laugh. Goldman doesn't have a TA group. Citadel doesn't have a TA group. If TA worked, they would.With a little creativity you can fit anything you want to any patterns you want. A Fibonacci retracement, projection for example: The precision that the decimals imply is just another layer of the illusion. Instead of saying that sometimes prices move back by around a third, TA people would have you believe that the prices should move exactly 38.1966%.  I wonder if you’re supposed to use this on price series or total return series? How exactly should you adjust futures prices for term structure to be able to take advantage of this precision? Does it work both on spot and on future, and given the term structure, is that even possible? These questions are never answered, since these numerology approaches are used by people who don’t understand the real life problems impliedHow about a magical set of wave patterns which also govern everything in the universe? If you can look at a chart and figure out which wave we are in you can use the magical numbers described above to predict exactly where the prices will turn. And when you turn out to be incorrect, you can always revert to your secondary wave count. Or tertiary. Have fun.Facts, based on statistics gathered over decades:- Chartists see patterns in randomness (Malkiel, Burton. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing. 2007)- Turning points cannot be predicted (Sherdan, Williams. Fortune Sellers: The Big Business of Buying and Selling Predictions. 1997)- Increased sophistication does not improve accuracy (Sherdan, Williams. Fortune Sellers: The Big Business of Buying and Selling Predictions. 1997)- Past prices are extremely poor indicators of future prices (Sherdan, 1997).- Economists’ predictions are no better than guesses (Sherdan, 1997).- Consensus forecasts do not improve accuracy (Sherdan, 1997).- Technical analysts see ‘illusory correlations’ which do not indicate future price performance (Bender et al. 2013, pp 625–652)" We conduct an extensive examination of the profitability of technical analysis in ten emerging foreign exchange markets. Studying 25,988 trading strategies for emerging foreign exchange markets, we find that the best rules can sometimes generate an annual mean excess return of more than 30%. Based on standard tests, we find hundreds to thousands of seemingly significant profitable strategies. However, almost all of these profits vanish once the data snooping bias is taken into account. Overall, we show that the profitability of technical analysis is illusory."https://ift.tt/3mtEIf8 could go on. There is a mountain of evidence that TA is incorrect, and zero evidence to the contrary.https://ift.tt/3exkSeV analyst who actively promotes Technical Analysis as a way to earn a return higher than the market on a risk-adjusted basis is wrong. TA has never worked and never will. If you seriously think you can look at a chart and guess in which direction the product is moving with any degree of certainty higher than the average, you are wrong.If you think I'm an idiot, fine. But please don't spend your money on 'education programs' promising riches or shills trying to teach you the secrets of the market.

Submitted December 23, 2021 at 12:27AM

Elon Musk pokes fun at the metaverse, trashing the idea that anyone wants to strap a screen to their face the entire day

https://ift.tt/3snUyvL

Submitted December 22, 2021 at 10:57PM

Introducing: L2 Counterfactual Wallet and FIAT on-ramps

https://ift.tt/3El8wRt

Submitted December 22, 2021 at 04:37PM

I give up man.

Couple of months ago I experienced a rug pull and lost a lot of money (for me) and posted about it here. So many people were so supportive and honestly it sparked another flame in me to try something new and reach for the stars. I spent the last 2 months working on an NFT project. Developed the art on illustrator with a friend, taught myself how to do basic front end development. Taught myself blockchain development. Made my website and NFT smart contract and was ready to launch.I put my heart and soul into this and honestly thought I did everything right. But it flopped. After taking about $15,000 in loans and credit cards to pay for the marketing, supplies, gas fees, I ended up only selling 40 NFTs. I’m still proud of myself for learning all these new skills and it was one hell of a journey.But I don’t think I’ll ever be one of those crypto success stories. I’ve been in the crypto world since bitcoin was $370 in late 2015 and have always made paper hand decisions and it kills me to remember how many times I had double digit bitcoin in my wallet and spent it on OSRS gold or cashed it out. Maybe I’m never going to become a crypto millionaire. Maybe I’ll be a shitty car salesman my whole life. For now, I’m exhausted. I think I’m gunna stop aiming for the stars.Maybe I was born to just be an average joe. It’s been one hell of a ride, I love you guys. Don’t be like me, and HODL.P.S. I’m sorry if this isn’t the place to post this but I only posted it here because the beautiful people of this community inspired me in the first place to not give up after that rug pull and aim for the stars.At least I tried.

Submitted December 22, 2021 at 02:44PM

Daily Discussion - December 22, 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 December 22, 2021 at 07:00AM

The MATIC/LRC war needs to stop.

LRC and MATIC holder here. Can we stop with the whole hating other scaling solution deal if we’re not directly invested in it? We WANT competition so we can have better solutions. Monopolies are what lead to shitty technology like in our current system.The whole reason we’re creating crypto is that we want an array of competing technologies that offer different valuable use cases. We should NOT censor posts on tokens. We should emphasize, promote, and upvote posts that contribute to healthy debate that offer different perspectives on tokens as long as they’re well thought out and researched.The whole point of crypto is that we the public take responsibility as a community and self govern. Instead of arbitrary chaos we want to cooperate and get things done. Crypto tribalism will lead to the downfall of crypto. Maximalism is toxic. We should not like X at the expense of Y or else we are all going to fail. Don’t let the rich and powerful continue to manipulate you.

Submitted December 22, 2021 at 05:49AM

Cardano users can now spend ADA at 40,000 US stores via Flexa network

https://ift.tt/3J3UcjH

Submitted December 22, 2021 at 01:21AM

All market indicators are currently suggesting that the market is about to starting pumping up.

I'm not a huge believer in technical analysis when it comes to Crypto, but some patterns definitely come into play when you look at the past, especially when those patterns keep repeating the same situation from the bounce in September. From what the entire market and the Crypto charts are currently indicating, it is incredibly likely that the market is about to pump again.​Bitcoin making a textbook bullish divergenceBitcoin has also started to reverse trends making a textbook bullish divergence and breaking out of previous resistance. Just the look of a bullish divergence on the chart alone is going to greatly reduce selling pressure and increase buying pressure among investors.The S&P500 is also making excellent gains today along with the Nasdaq index and we can expect some spillover action from the stock market into the Crypto market. Moreover, the Crypto market has been consolidating for a very long time without any major crashes or volatility for the past few weeks which definitely is a great indicator of us still being in a healthy market, especially when you combine that with Christmas where even more people are going to buy.TLDR: The market is making a textbook bullish divergence and it is very likely that the market is going to be reversing trends this Christmas.

Submitted December 22, 2021 at 02:57AM

Crypto YouTubers who make videos like "This coin will 100x" and similar advices, should be insta-banned

I am really bamboozled how YouTube completely ignores youtube influencers who make videos such as "this coin will 1000x" or "get in before 100x" and "last chance to change your life". They go bananas and mute you if you use Jingle Bells in the funny cat video, but they allow shit that can sometimes cost people lose a large sum of money, to keep going on. This is ridiculous.Why is BitBoy still not banned? CryptoBanter is still being featured on YouTube even though they keep shilling the living shit out of projects that they are sponsored by.Like Aldrin Finance which they shilled to no end at 8$ and in a few hours after the release of video it was down to 5$. Now its hovering somewhere below 2$. Same for countless other influencers. Just look at the thumbnails here.​" ONE EXACT DATE CRYPTO BULL MARKET RESUMES BEST DECEMBER ADVICE"​"1 TOP ALTCOIN ECOSYSTEM WILL MAKE MILLIONAIRES IN DECEMBER!! "​" ONLY 95 DAYS TO MAKE THE BIGGEST CRYPTO GAINS OF YOUR LIFE!"​And it keeps happening again and again. Im not pointing them out, there are hundreds of channels like this all over YouTube, but youtube is busy with banning people who play Super Mario longplays.

Submitted December 21, 2021 at 11:23PM