All Free: 2020

A lot of people laughed at Plan's Stock to Flow model earlier this year (some even tried to dox him). But in fact, his model is almost perfectly tracking BTC price. As of four days ago the model vs actual price of BTC was within $30. Incredible.

https://twitter.com/saifedean/status/1343188019864596480

Submitted January 01, 2021 at 10:29AM

Take a break and HODL your loved ones too.

With the new year starting on such a high, I think it's a good time to reflect on how far we have come.If I'm totally honest with myself, I've neglected some responsibilities this pass year trying to time the market. Spent far too much time looking at charts and reading white papers for new projects. Some might say I was addicted, that's why going forward I'll be limiting myself on how much time I spend on Crypto.I've been in crypto for many years now, seen massive gains, and even bigger losses. But one thing that is for sure, crypto isn't going anywhere. So relax, take a break and HODL a loved one.Happy new year everyone

Submitted January 01, 2021 at 09:09AM

Why I'm leaving Compound and moving to Aave

I'm leaving Compound because of their decision to proceed with Compound Chain. It's been becoming increasingly clear for some time now that early Compound investors (mostly old guard silicon valley VCs) were focused on retaining and expanding their control of the platform. A key demonstration of this intent was Governance Proposal 021 that reduced COMP distribution to users. It was the second distribution reduction in less than a year. This occurred at the same time as other platforms like Uniswap chose to airdrop hundreds of millions of dollars worth of tokens to users for no other reason than upholding the crypto community's long held values of decentralization.The announcement of Compound Chain was the last straw. Compound Chain is a Proof of Authority chain, similar to Facebook's Libra, governed by validators to be chosen by COMP holders. At first glance, this seems reasonable, but it is deeply concerning considering the extreme centralization of COMP tokens in the hands of a few early investors and their consistent actions to restrict the distribution of COMP to users. While masquerading as decentralized, Compound is governed by a small group of insiders, just like Libra and just like the banking system before it.While there a lot of features to like about Compound (simplicity, reliability and ease of use), it's feature set is not unique and is highly replaceable. So with the multitude of platforms to choose from, I've decided to move my funds onto Aave, a platform with a long history of good faith contributions to the crypto community.

Submitted January 01, 2021 at 08:37AM

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

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.Disclaimer:Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, 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 🌔Prior Daily DiscussionsMonthly Skeptics Discussion thread

Submitted January 01, 2021 at 07:00AM

In Chinese Calendar 2021 is the year of the Ox - Bull year!

With this interesting year of 2020 comming to a close I can only imagine that no one expected something to turn out like this one did, at least I didn't thats for sure.But 2021 in the other hand seems to be set for quite a ride at least in crypto space. With lots of instituions coming out with BTC investments and alt coins seeming to be ready to burst in any moment, I hope everyone has their time in this Bull year - 2021Cheers everyone!

Submitted January 01, 2021 at 02:37AM

Bitcoin Closes 2020 As Best Performing Asset Of The Last Decade

https://ift.tt/3pEX1NH

Submitted January 01, 2021 at 03:36AM

The situation in Croatia right now shows how much the world needs crypto.

Croatia was just hit by its second wave of massive earthquakes this year alone, talk about shit luck. Many are left homeless in the winter and a lot of people need help. My family is over there and the family I have here is trying to figure out the best way to help and transfer money. Their chosen method: western union...Huge chunks will be taken by western union and I keep saying we need crypto. None of my family over there knows how to even get started and I’m reaching out trying to teach them. Borderless trustless payments are necessary so we can help human beings anywhere in the world the proper way.

Submitted January 01, 2021 at 02:05AM

Darknet Marketplace Has Stopped Supporting Payments In Bitcoin And Now Accepts Only Monero

https://ift.tt/3aYxI4Y

Submitted January 01, 2021 at 12:54AM

Only a few more days to submit comments on terrible FinCEN crypto wallet regulation

There are currently only 1000 public comments on the regulation proposal requiring identification for transactions between privately held wallets and exchanges.Please submit additional comments to: https://ift.tt/2WWdOzA personally felt that I wasn't smart enough to write a comment, or that what I said wouldn't make a difference, but we have to fight for the future of this technology. Almost no one in the U.S. understands cryptocurrency, and an even smaller percentage know about this regulation proposal. Your comments matter on this proposal, if you don't comment no one else will.This is what I am going to write. I plan on sending it to my senators as well. Please provide editorial comments, as I'd like it to be as bulletproof as possible. Feel free to steal it, or extrapolate and expand single points for your own comments.The proposed regulations will strike a massive blow to our personal right to privacy as well as create a major obstacle for innovation in the cryptocurrency and blockchain space. Cryptocurrencies have the very real potential to be a world changing technological innovation, on the same scale or greater than the internet. They will change the way the global economy functions, they will change banking and finance, they will create entirely new tools and technologies that we can't even imagine at this point in time. This regulation not only stomps on the new growth of technological innovation, but turns a potentially beneficial tool into an authoritarian surveillance nightmare. Cryptocurrency regulation can have drastic consequences on the competitiveness of our country technologically and economically and our personal freedoms. Regulation of this magnitude has absolutely no business being pushed through over a holiday while our country deals with a national emergency and a change of administration. Regulation of this magnitude really has no business being proposed at all from a small unelected branch of the government. On top of this, the vast majority of U.S. citizens have no understanding of what cryptocurrency is, let alone this regulation change happening behind the scenes that may have massive consequences on their future.Cryptocurrency regulation is necessary, but it needs to be delicate and precise, it needs to be written by people who understand that technology and it's future implications and potential. It needs to be done to spur innovation and keep the U.S. as a technological leader, not as a detriment to our native industries. Regulation should ultimately benefit our country and citizens, and help create financial independence and security, it should not be used as a tool of mass surveillance and destroy innovation. This regulation should be cancelled immediately, as it does far more harm than good.This new regulation proposes that all transactions between "unhosted wallets" (private citizen's wallets) over $3,000 in value require identification. This means that a citizen cannot transact in amounts over $3,000 without government surveillance. In addition, most cryptocurrency transactions are recorded on a public ledger, so once a wallet's owner is identified none of their transactions, no matter how small, are anonymous. Effectively, this creates a tool that allows the government constant surveillance of all transactions. The regulation claims it is "consistent with existing requirements", but it is not whatsoever. If I go into a bank today and withdraw $10,000, yes the government will get a report of that, however they are not currently allowed to go watch how I spend every last dime of that money. Under these new regulations, as soon as "wallet" ownership is identified the government will have free reign to track the use of that wallet and how funds are spent indefinitely on the public blockchain ledger. Currently this level of surveillance would require a warrant, and for good reason. We should not be giving up our right to privacy so easily, especially to a 15 day comment period piece of regulation that no one is aware of and no one understands the future implications of.This regulation also proposes that every cryptocurrency exchange and platform will be required to record a massive database of every person's private holdings, in addition the government will also control an even more comprehensive database of this information. This is a massive honeypot to potential hackers, that has now been spread over many many institutions as well as the government to secure, allowing many vectors of attack and potential vulnerabilities. This type of financial data, linked to addresses and identification, is a huge personal security threat to individuals. Recently Ledger, a company that produces cryptocurrency hardware wallets, was hacked releasing similar information. Now people are being sent anonymous threats and blackmail telling them to send their crypto to the hackers. Compiling this type of data, especially between this many parties, should be avoided unless absolutely necessary as it significantly weakens protection of very important information that could affect the personal and financial security of citizens as well as their rights to privacy.Whoever wrote this regulation seems to also be completely ignorant of how many cryptocurrencies work. One of the major technological innovations of cryptocurrencies is the development of "smart contracts". These programmable contracts allow individuals to work together with trustless contracts that do not require a third party and are executed automatically. For instance, party A can submit a loan to party B with some sort of collateral, if Party B fails to pay per the contract the collateral in escrow can automatically be sent to party A without the need for lawyers, banks, or cops to get involved. This is just the tip of the iceberg of what is possible and these smart contracts have the potential to create huge efficiencies in certain industries and give individuals more agency and independence when conducting business. Under this new regulation, it is unclear how smart contracts can exist at all. Smart contracts have wallet addresses that appear to be exactly the same as "unhosted wallets", but they clearly have no identity or address to report. If you aren't legally allowed to interact with a smart contract, or if it requires significant hurdles and obstacles to use, you've crushed part of the massive potential of this new technology.In addition, this regulation will require new crypto businesses millions of dollars to implement and additional time and energy. Why are they being forced to provide surveillance over customers, on top of the AML/KYC identification rules they already have to follow? Why are we creating roadblocks for this budding industry before a real problem is even identified.What is the problem? Who has defined it? How bad is it? Cryptocurrency did not create money laundering, drug trade, and terrorism. This activity is as old as time and has existed under every governmental and financial system that has ever existed. Cryptocurrency may provide a tool for the bad guys, but it is just a tool and not a very good one at that. Most of these cryptocurrencies are recorded on a PUBLIC LEDGER, this alone creates the easiest system to watch that has ever existed. With chain analytics tools it is actually easier to track criminal transactions than ever before, as the government has free unfettered access to every single transaction that has ever happened on a public blockchain. They do not need to create rules that allow unwarranted surveillance of all citizens as they already have ample tools to track unwanted behavior.Additionally, cryptocurrencies with a public blockchain on centralized exchanges aren't even a problem. Cryptocurrencies already exist that are completely private, and transactions cannot be traced, tools like Decentralized Finance and atomic swaps already allow person to person cryptocurrency trade without a centralized entity to oversee the trade. No smart criminal is going to conduct business over public blockchains and exchanges (like Bitcoin and Ethereum) when every transaction is recorded publically, so this regulation creates mass surveillance without any clear "need". Criminals will find a way to do business, they always have, we should not be instituting extremely harmful regulation that does absolutely nothing to stop this activity.Cryptocurrency is a green seedling of an unknown plant. It appears it could feed the world. It also appears it could contain a bit of poison. Like all new world changing technologies it has vast potential for good as well as bad, but it's just unrealized potential at this point and no one really knows how the world may be affected. Regulators feel it is their responsibility to stomp all around this plant, throw unknown fertilizers and poisons around it, water it with milk, dig it up and move it to the top of the mountain, who knows. Some of these people are well meaning, some of them are not, but almost no one actually knows what they are doing or the consequences and ramifications of their actions. If we as a country don't allow this technology to grow, someone else will, and we will be left behind as someone else carries the torch of progress. We need regulation for crypto to flourish, but it needs to be careful, well thought out, and minimal. It is better to under regulate this new industry, and deal with real problems as they arise, than to overregulate it and never see it flourish at all.

Submitted January 01, 2021 at 01:41AM

In the last bull run ETH was $753 this date Dec 30th 2017, by Jan 13th 2018 it had hit its all time high of $1,400.

Just so everyone has some perspective on this.ETH went up 2x in 14 days. Between Dec 30th and January 13th ETH went from $753 to $1,432.BTC reached its ATH on Dec 16th, 2017 at a price of $20,089, by Jan 13th, the day ETH hit its all time high, BTC was trading at $13,952.The day BTC hit its ATH Dec 16th 2017, ETH was trading a high of 718 on the day.This time around ETH is trading at a price of $759 today, While BTC continues to make all time highs every day. Once BTC hits its all time high it could be a month before ETH gets even close to its new all time high.No one knows for sure what will happen, but do we really think BTC is going to bust through its previous ATH by an extra 10k at least and ETH is going to stop at half its ATH, seriously??? ETH will see it’s all time high soon and it’s going to bust through it just like BTC is doing now.I happen to think Bitcoin is reaching a scarcity that can’t be overcome, dips will be phantom dips, as the market will indicate a dip should be happening but in reality the sell orders are being bought up by the next institution secretly buying in. People will be scratching their heads wondering why the RSI flipped and why they can’t get in lower. So I think ALT season is going to happen either way, but it will be a phantom dip that gets it going.This is going to be a nice few months...

Submitted December 31, 2020 at 04:51PM

Bitcoin Price Inches Closer to $30,000 after Proving Warren Buffett Wrong

https://ift.tt/2L6e38D

Submitted December 31, 2020 at 06:02PM

Coinbase CEO Urges Users to Oppose ‘Onerous’ FinCEN Regulation Change

https://ift.tt/3hDTkVS

Submitted December 31, 2020 at 07:38PM

Don't transaction fees and confirmation time basically mean we will never be able to use bitcoin to buy a cup of coffee?

The concept of buying a cup of coffee with crypto is somewhat of a trope at this point but please bear with me and help answer this question. My understanding is that with bitcoin it take 10-15 minutes to verify a transaction, and that transaction fees can be around $1 or more or less depending on network demand. So if a coffee shop started accepting bitcoin and I went and bought a cup of coffee, how would it work? Would I buy a $3 coffee and then have to pay $1 transaction fee plus wait for 10-15 minutes so the coffee shop could verify the transaction? If that is the case then can we conclude that bitcoin will never be appropriate for small scale transactions of this type? Or am I missing something?

Submitted December 31, 2020 at 09:40PM

The US has already lost the 2020 crypto regulation race to Europe

https://ift.tt/3rGPZK2

Submitted December 31, 2020 at 04:57PM

We are at the end of 2020 💥🔥🚀😂🥂

https://ift.tt/2WXY4vT

Submitted December 31, 2020 at 06:21PM

CZ Binance on Twitter: Short version: COVER smart contract got hacked. A lot of users lost A LOT of money. Project team says they can't cover the losses. We made a simple decision, we use our funds to cover losses of our users. $10 million bucks. Stay #SAFU.

https://twitter.com/cz_binance/status/1344482357873500170?s=20

Submitted December 31, 2020 at 10:28AM

We’ve all been to this part of YouTube

https://ift.tt/3o28R47

Submitted December 31, 2020 at 11:28AM

This is the way

https://ift.tt/3nXfh4t

Submitted December 31, 2020 at 11:06AM

After Institutional Investors Hoard, Just 22% of Bitcoin is Left for Traders

https://ift.tt/3b3wDZE

Submitted December 31, 2020 at 08:39AM

XRP's market capitalization has fallen roughly $130B in under three years, putting its "collapse" in the esteemed company of failures like Enron and Lehman Brothers.

https://ift.tt/2KRWqJE

Submitted December 31, 2020 at 07:46AM

Binance US To Delist Ripple Following The SEC Lawsuit

https://ift.tt/3pEMn9w

Submitted December 31, 2020 at 08:05AM

Bitcoin Flips Warren Buffett's Berkshire Hathaway By Market Cap!

https://assetdash.com

Submitted December 31, 2020 at 07:09AM

Daily Discussion - December 31, 2020 (GMT+0)

New Moons Are Ready! (Round 8)

The next distribution of Moons is ready. You can claim your Moons through the Vault in the Reddit mobile app (iOS/Android).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.This distribution is based on karma earned from 2020-11-25 to 2020-12-22. Here is the finalized list, with contribution scores signed by Reddit (users with no signatures yet do not have a registered Vault. They will be able to claim their Moons when they create their Vault through the Reddit app).

Submitted December 31, 2020 at 05:00AM

Bitcoin ETF incoming

https://ift.tt/38Mv53x

Submitted December 31, 2020 at 01:22AM

Perfect Revenge: Bitcoin Matches Berkshire Hathaway in Total Market Cap

https://ift.tt/2JwEqUJ

Submitted December 31, 2020 at 03:10AM

The USTreasury is proposing crypto regs that will force exchanges to collect, store and share with the gov. personal information associated with crypto transactions. If you believe this to be an intrusion on your privacy, share you concerns HERE

https://ift.tt/2LbVGiE

Submitted December 31, 2020 at 01:07AM

Just in: Coinbase Sued Over "Illegal" XRP Sales

https://ift.tt/38PXBBh

Submitted December 31, 2020 at 01:38AM

ICONLOOP (ICX) - ICON - South Korea approves digital drivers licenses verification through iconloop

https://ift.tt/3pGShHz

Submitted December 30, 2020 at 10:02PM

Is NANO on path to transform digital cash, the same way as email did, back in the 90's? Does the "lack of incentive to run a nano node" debate still makes sense when 1 nano trx burns 2 million x less energy than its BTC equivalent ?

I'm really curious about your point of view. Price related comments not welcome (tired of this).When I see how cheap and simple it is to run a nano node, I completely reevaluate the perspective of achieving organic and long lasting decentralization based on the most simple hardwares; The level of interest/incentive needed in the ecosystem can be as little as holding a few bucks or running a business interacting with the payment system. The ratio "incentive to run a node / cost to run a node" could even exceeds the viability of the BTC equivalent ratio, this later being based on competition, concentration in pools and obsolescence of hardwares (not considering huge pollution and waste of energy).I see Nano nodes evolving the same as free email providers do, when offering "free email service". The consequence of this design is the need launch a dynamic anti-spam system, and nano seems to have it. P2PoW allows even anyone to collaborate in this solution, without even the need for running a node, especially since it is all about preventive "micro-Pow" infinitely smaller than BTC Pow. https://ift.tt/2L4pM7u there any better example for the "email of money", in the crypto landscape? For this, it must at least offer feeless and instant transaction; these are necessary conditions

Submitted December 30, 2020 at 10:57PM

If you're not a believer yet, check out LTO Network's year end review

https://ift.tt/2Jw9p3h

Submitted December 30, 2020 at 09:30PM

What are your most regretful crypto failures?

Here’s a handful of mine for your enjoyment:I downloaded the Bitcoin mining client on the day it launched in 2009, installed it and had it running on a double quad-core computer on and off for who knows how long (a year maybe?). I blanked out the hard drive and eventually threw it out, not realizing that I had potentially mined thousands of Bitcoins. Keys gone. I’ll never know how many I had. FML.After the first (big) Bitcoin pump in 2013, I started buying $150 of Bitcoin on a monthly recurring basis from Coinbase. The purchases ran for about a year or so until my CC expired. I didn’t realize it had expired until some 6 months later. Seeing that the price wasn’t budging much in 2015, I never thought to reinstate the recurring buy. FML.In 2016, I learned about Ethereum. I was in love with the idea of it. It was very difficult to purchase ETH until Coinbase listed it in May of that year. When they did, I purchased 300 ETH for $11 each. I remember pausing before I finalized the purchase, thinking to myself “I should buy 3,000,” but backed down, not even considering a recurring buy. I would forget about all of my crypto for another year when in 2017 I saw both Bitcoin and Ethereum in the mainstream news. And while the value of my stacks were significant by the end of 2017, I daydreamed of what could have been if I’d have purchased 3,000 ETH (~$4,500,000 USD at its peak). FML.I had 50,000 XRP that I bought when Ripple was $0.20. It shot to $3.00 in 2017, but I never sold any of it. FML.All that said, I’m still in love with this technology and I can’t wait to see where it goes. And while I’m salty about some of my failures in decision-making, I’m still very lucky to have gotten into the game fairly early. The most important thing crypto has taught me is to buy, hodl, forget, and check back in every year or so. The ups and downs have completely desensitized me to market fluctuations, and I’ve become a more patient and less emotional investor in both my crypto and traditional investments.

Submitted December 30, 2020 at 08:28PM

Sending Money With Ripple is 5x More Expensive - Western Union CEO

So, there's this post from June 2019 where Western Union CEO, Hikmet Ersek said at a conference that their test result shows that sending money with payment networks like Ripple's is 5-times more expensive than Western Union.https://ift.tt/3ocWlyA me wonder what Brad and the guys have been doing all along and that the SEC's lawsuit was well deserved.The SEC lawsuit even says:To encourage adoption of ODL, Ripple paid XRP to both the money transmitting businesses and certain market makers that supported the product for their efforts.Even Moneygram that had a deal with Ripple to use ODL has come clean to say it's not their major cross-border payment tool.What have Ripple been doing all along?Just dumping XRP on the market?Sorry XRP guys, but these questions need to be answered.

Submitted December 30, 2020 at 05:30PM

Bitcoin price inches closer to $30,000 with new all-time highs

https://ift.tt/3htDGfu

Submitted December 30, 2020 at 03:00PM

Take Profits on Your Bitcoin If You Want To, Don't Let Anyone Make You Feel Bad About It

Bitcoin breached $28k again today and I believe the top is not yet in.However, unless you're a very long-term holder, it is not wrong to take some money off the table if you're already in profit.There's a popular saying that "you're not really in profit until you take profit."Also, a small profit is better than no profit.Don't think that the price of Bitcoin will keep mooning forever.A drop will happen at some point, even though we can't say how low it will go.No matter how long Bitcoin defies gravity, what goes up must eventually come down.So, if you're already in profit, take some of it and hold on to an amount you can afford to play with going forward.Will Bitcoin hit $50k in this bull run?Will it hit $35k?No one knows for sure.But all that won't matter if this epic bull run ends and you have nothing to show for it.Don't let anyone make you feel bad about it.It's your winning.Enjoy it!

Submitted December 30, 2020 at 04:57PM

To those who were involved in the last bullrun of 17/18. What are your top 5 holds and top 5 new projects?

What are your top 5 projects that you held since 2018 that have remained strong?What are your top 5 new projects that weren't around last time?For me: Bitcoin, Ethereum, Cardano, Chainlink, VechainHaven't gotten into any new projects yet, but possibly Polkadot. Curious what all of you are noticing that look promising. Oh, Banano.. that's my moonshot meme coin.

Submitted December 30, 2020 at 01:16PM

This is the top, kids. I'm a millionaire.

Graph of net worth, fiat + cryptoI can't tell anyone around me, but I'm so happy.My holdings are 60% ETH, 20% BTC, and the rest alts. My fiat is in index funds.I bought BTC at around $1000 in 2013.I bought ETH at around $10 in 2017.I haven't sold anything or taken profits, with the exception of a couple of ETH a few years ago for a trip to Vegas.I will sell 80% of my holdings when they reach $5 million. I'll quit my job and buy a house.I'll hodl 20% forever.Everything is in cold storage.The graph starts at $100k because I didn't keep track of my money until 2013.Please don't wrench me.

Submitted December 30, 2020 at 02:41PM

Bittrex to remove XRP

https://twitter.com/BittrexExchange/status/1344056304617177089

Submitted December 30, 2020 at 06:17AM

Would anyone here be interested in me releasing a Reddit bot that monitors how often a coin is being mentioned across Reddit in real-time?

So, I created a similar tool to what's explained in the title a year ago for the Blocknet Discord community (just monitoring Blocknet) and I'm looking to expand it and release it for free - the full details are over here: https://ift.tt/38MVWMW in a nutshell you would type something like this anywhere in Reddit:!satoshi bitcoinAnd it returns:2500 bitcoin mentions today (+25% daily increase, +34% weekly increase, +11% monthly increase)Or:!satoshi trendingReturns:Top 5 trending coins today:Zilliqa (245 mentions +3000%)1Inch etcMy questions are:Would the mods here allow use of that bot here? My aim is to have it as a site-wide free service. I'm also not sure how it would because the bot would need to have a certain age and karma to post in some subreddits?Does anyone have any other ideas I can add to it?Also if people don't think it's a good fit for most of Reddit but like the idea in general, I will most likely have a daily summary page which will be posted here: r/SatoshiStreetBetsSince I have the tools mostly in place I anticipate a day or so and it would be ready.

Submitted December 30, 2020 at 07:16AM

Update: The SEC Is Now Officially Suing Ripple

https://ift.tt/3pqTXES

Submitted December 30, 2020 at 05:13AM

Daily Discussion - December 30, 2020 (GMT+0)

Bitfinex's lawyers resign from the Tether fraud case

Source: https://ift.tt/2KErL2G motion to withdraw: https://ift.tt/3hrJPJ3 a fun tidbit:Counsel believe that withdrawal is appropriate under Rule 1.16(c)(1) of the New York Rules of Professional Conduct. New York Rule of Professional Conduct 1.16(c)(1) states that “a lawyer may withdraw from representing a client when withdrawal can be accomplished without material adverse effect on the interests of the clientIf I remember correctly, the deadline is in 2 weeks. Should be a fun story in the next weeks.

Submitted December 30, 2020 at 03:56AM

Buying Bitcoin Now at $27K Is Less Risky Than Buying Bitcoin When Its Price Was $27

https://ift.tt/3aYt3jP

Submitted December 30, 2020 at 12:08AM

The CEO of Coinbase now holds r/CryptoCurrency MOON

Yesterday I stumbled upon the Reddit account of Coinbase CEO Brian Armstrong: u/bdarmstrongI spent some time looking through his comments and found one in this sub from two years ago. I realized that at some point he set up his vault, but had a balance of 0. Today I made a small purchase of moons and tipped him 10 through the account u/MoonsOnCoinbaseHere’s the receipt&Here’s the transaction in rinkeby

Submitted December 30, 2020 at 01:21AM

Miami Could Put 1 % of Its Treasury Reserves Into Bitcoin, Mayor Francis Suarez Alleges

https://ift.tt/2X7by8R

Submitted December 29, 2020 at 11:19PM

Today after almost 12 years since the first transaction of 10 BTC from Satoshi to Hal Finney, Bitcoin recorded its 600 millionth transaction!

Almost 12 years since its very first transaction, today Bitcoin network has surpassed 600 million transactions, according to the blockchain intelligence provider Glassnode. The first transaction of 10 BTC was made on Jan 12th 2009 from Satoshi Nakamoto to the legendary Hal Finney. It took Bitcoin another seven years to surpass 100 million transactions in early 2016 and only four more years to reach six times bigger milestone. The average transaction is worth around $127,000, so an enormous amount of wealth has been moved through the network.Quite an accomplishment fam! How long do you think it’ll take us to reach the magical 1B? My bet is early 2022 – right at the peak of this bull run.https://ift.tt/37X6A4F

Submitted December 29, 2020 at 10:45PM

Is day trading for a living your dream job? Get another one - study says 97% of day traders lose money

https://ift.tt/38LZjUf

Submitted December 29, 2020 at 09:00PM

Russell Okung to Be 1st NFL Player Paid in Bitcoin; $6.5M of Panthers Salary

https://ift.tt/3mXlQ5F

Submitted December 29, 2020 at 10:33PM

Russell Okung Becomes First NFL Player to Be Paid in Bitcoin

https://ift.tt/3nXtcrp

Submitted December 29, 2020 at 10:05PM

Princeton study finds Bitcoin's supply cap is untenable, other troubling implications.

https://ift.tt/2M8WwNm

Submitted December 29, 2020 at 08:33PM

Bulletproofs+, a zero-knowledge proving system that ensures Monero transactions will be lighter (faster to verify) and smaller!

https://ift.tt/38FCodw

Submitted December 29, 2020 at 08:21PM

Bitcoin price to grow 'ten times by end of 2022' as JP Morgan estimates value of $650,000

https://ift.tt/2KZV2Vj

Submitted December 29, 2020 at 02:34PM

Best Strategy to buy pieces of Bitcoin with a mid-range income

HelloI wanna start collecting pieces of Bitcoins again after selling what I had for 3 years, Last time I bought a whole BTC at onceI want to think about a strategy to buy it partially now, based on my monthly and daily income, I would like to see your experience if anyone did the same and was successful in thatAppreciate

Submitted December 29, 2020 at 05:19PM

Thoughts on ADA Cardano?

I won't ask you if I should buy it, just wondering what you guys think of it in terms of its promise, whether it and its founders can be trusted, whether it can actually compete with Ethereum and whether we'll see it grow in the future.I'm extremely cautious right now after what happened with Ripple. I used to hold it a while ago and can't believe how stupid I was with all the warning signs right in front of us. I trust this community. There seems to be a lot of level-headed people in here and I've noticed that all those shitcoin shills (mainly in the daily discussion thread) get downvoted hard which is awesome. This sub also warned people about Ripple for a long time, and for a while I thought it was just silly FUD, but you guys were most certainly right all along.Anyway back to topic, ADA?

Submitted December 29, 2020 at 03:47PM

CoinFlip's CEO Says Company Plans to have Over 3,000 Bitcoin ATMs in the US by 2021

https://ift.tt/31RtJ50

Submitted December 29, 2020 at 03:28PM

The fact that large exchanges like Coinbase can swiftly drop support for a coin scares the living shit out of me. (read desc before you downvote)

I've been following the XRP stuff (surprise! /s). I don't have much XRP (probably like < $50 that I bought at $0.20 in 2017), but the fact that the government can perform a surprise-audit and just deem an entire cryptocurrency invalid within days really scares me. It scares me because whatever the government says, the largest exchanges, being afraid of the govrenment, will comply swiftly. This is overall bad news for people who hold many altcoins. I think the people who held mostly BTC in 2017 and didn't care much for the altcoin booms were actually the really smart people. Altcoin are littered with scams (hey hey heyyy).Fuck XRP, but fuck the SEC even more. We won't know what they are going to do next. I feel really scared about crypto right now because I don't know what to expect in the coming months and years. I suspect this will drive a lot of people to simply hold BTC and forget most, if not all, of the altcoins. I think the only safe bet right now is BTC/ETH because if BTC or ETH fall, then the entire industry will fall. So everyone will be a loser in that case, and at least I'll feel better about my own losses. In 2017, we were afraid the SEC would start cracking down on major altcoins. They didn't. They are doing it now. XRP is the first to fall.I believe XRP will be the first of many coins that fall -- many coins involved arbitrarily large "founder allocations" and raised money in ICOs just as XRP did.This is the beginning. I think we should all be ready for bad news, for it would be irresponsible not to be. I will contonue to hodl BTC.

Submitted December 29, 2020 at 02:38PM

Fake News: Redditor makes $24,000 from Reddit Moons. Always remember DYOR

I just read an article, which was posted here a day or so ago: https://ift.tt/3rDoSzu states that a reddit user, was awarded 80,000 moons and that he swapped them for the equivalent of: 0.92 BTC.The ATH for xDai on honeyswap has only ever been 0.02705. That means at most the redditor could have made is: $2164.The post from the mods only came out introducing moons on 13th May 2020. I'm not sure if moons came out that day or later, so lets choose this day as a starting point: https://ift.tt/3dJgJSx as its safe to assume the announcement came before any sending of moons.Next lets look at BTC. If the Redditor made the maximum ATH at the time from the swap and did in fact get: $2164 which was 0.92BTC.Equation: Y = P% * XY = money from swap (2164)p% is BTC bought (0.92) = 92%2164 is 92% of 2352.1739That means that bitcoin would have had to be: $2352 at the time of buying.According to the chart created by coindesk: https://ift.tt/3aNT8Sv :Bitcoin was $8815 on that day and has not dipped below that since then.I put it to you, that this is in fact fake news.It's important to note, that whilst bullish to be good in the news, fake news hurts our community and we should endeavour to swat out the scum that post it. Websites that post crap articles without research get instantly blocked by me. You should start doing the same. They are clickbait and spammy.Stay safe and happy holidays!

Submitted December 29, 2020 at 08:58AM

Vechain files US Patent for Logistics Tracking and Source Tracing

https://ift.tt/38GZXCG

Submitted December 29, 2020 at 07:14AM

VeChain Becomes The First 5-Star-Rated Blockchain Service Provider In The World, Certified By TÜV Saarland

https://ift.tt/3nMoRH9

Submitted December 29, 2020 at 06:56AM

Cartesi Reserve Mining is now live on the Ethereum Mainnet

https://ift.tt/3pq2qYI

Submitted December 29, 2020 at 05:15AM

OKCoin latest exchange to suspend XRP trading and deposits

https://ift.tt/3hneGGE

Submitted December 29, 2020 at 05:15AM

Daily Discussion - December 29, 2020 (GMT+0)

Bitcoin whales are buying up since Christmas. $647 million worth of Bitcoin transferred from small addresses to large addresses.

https://ift.tt/3mUomd3

Submitted December 29, 2020 at 03:23AM

Coinbase will suspend trading in XRP on January 19

https://ift.tt/2M4qmm7

Submitted December 29, 2020 at 05:40AM

F.O.M.O. Alert reminder!

This is a message for all newcomers to crypto. Invest responsibly. Only invest what your willing to lose. People have killed themselves in the past over chasing this. Nobody knows exactly where this is going to go, people that say they do are talking with emotion. You can get crushed in the blink of an eye. If you don’t have the money to lose it. You don’t have the money to use it!

Submitted December 29, 2020 at 12:30AM

Wall Street Journal reporting on Bitcoin in an excellent story

Wall Street Journal reported today on Bitcoin in a very well explained way. No bullshitting about criminal activity, silk road or whatever was common ground in the past. But purely the basics of Bitcoin and why it has value.Check it out: https://www.youtube.com/watch?v=HhOuvNDMlI0&ab_channel=WallStreetJournal

Submitted December 29, 2020 at 12:56AM

This is the best Andreas Antonopoulos speech I have ever listened to, and most crypto people I now have never seen it before! Well worth listening to - I'd recommend this as the first source of information to share with your friends and family when they ask about bitcoin these holidays.

https://www.youtube.com/watch?v=T2zH-T_hmLs

Submitted December 29, 2020 at 03:22AM

Why I think Nano will fail and why I think it is irresponsible to recommend it.

First of all – season’s greetings, merry Christmas, and happy holidays to you all! I hope everyone had a good time and managed to spend a few days (hours?) away from the charts. There is more to life than crypto, and sometimes it’s good to remember that.Anyway, I had a bit of time on my hands and wanted to get something off my chest. Apologies for the clickbait title, but I want to spark some debate.We’ve just seen the first bull market for three years and many coins are massively up. One regularly shilled token is not among them. Let’s have a quick delve into why this might be. I don’t want to unfairly bash Nano here, but I am going to try and bring some objective facts to light, and you can make up your own mind."I don't really care about being right, I just care about success. I don't mind being wrong, and I'll admit that I'm wrong a lot. It doesn't really matter to me too much." ~ Steve JobsThe thing that was starting to annoy me this year was that lots of new people were joining the sub, starting to get into crypto, and asking simple questions only to be met with guys like u/SenatusSPQR on EVERY. DAMN. POST talking about our Lord and Saviour Nano.These new people were told to bet on the wrong horse. I find that misguided at best and malicious at worst.People buying crypto want their investment to go up. Nano obviously didn’t do that. If you care at all about the worth of your investment (and you should), then Nano was the wrong pick.There is an opportunity to make life-changing amounts of money, and/or be part of a decentralized financial revolution. We should be recommending the right coins to newcomers. There is HUGE opportunity cost of getting it wrong. Imagine stumbling on r/CryptoCurrency earlier this year and thinking “BTC is too expensive” and buying something else instead.Here is a year comparison of Nano vs, BTC, ETH, XMR, ADADid you bet on a winning horse or a donkey?The way I see it BTC is the king, Eth does DeFi, ADA is a hedge against Eth, and Monero does privacy. There are many other coins that represent different market segments. Lots of them outperformed Nano.Now at this point, considering many coins have recovered since 2018, I’d say there are two viewpoints one could adopt re: Nano.“The price is wrong dammit, one day Nano will rise again!”“Nano isn’t recovering, what have I missed?”I think it’s more useful to adopt the second viewpoint. At some point, I think you have to adopt the second viewpoint. But many will continue to hold the first. This can be explained by a number of cognitive biases. You might remember from my previous post on longterm investing that I’m a fan of this stuff.The endowment effect refers to when we “overvalue something that we own, regardless of its objective market value”.I would say that accurately describes the most vocal Nano holders. The market has spoken. Again, rather than see this as continued evidence that Nano is undervalued, instead you could see it as evidence that it is fairly valued, and that you have missed something.If at any point this year, you had sold Nano and bought ETH or BTC, then continued to DCA, you would have likely recouped your losses. Eth is now nearly 500% up. However, three years of holding leads to serious loss aversion. That discomfort you feel when considering selling into btc/eth and being done with it, is the sunk cost fallacy.Fast and FeelessWhy might this not be such a big deal?It’s possible that transaction costs actually act as incentives for economic activity. The boom in DeFi this summer was driven by the fact that fees could be earned. Lending money to a liquidity pool was incentivised by the collection of fees. More broadly, transaction costs are what motivate mining of PoW coins. Fees secure a network. Staking coins for interest also locks up part of the supply reducing sell pressure.I’ve done a lot of reading around this over the last few months to try and answer it myself, and I’ll be honest and admit that I cannot find a simple, easy to digest source to link here. However, speak to an economist and you’l find out that transaction costs act as lubrication to an economic system.What if, after all this time, feeless is a bug and not a feature?What if charging tiny fees – enough to encourage people to run nodes or whatever, but small enough to not hugely inconvenience them – was actually better than charging no fees? I genuinely suspect that if Nano was fast and nearly-feeless it would do better than it has.And if you think I might be wrong, you can always ask yourself, why did DeFi explode this summer? Even when the gas fees got totally out of control? What was the reason for that? Why do people care about DeFi so much? Answer that honestly, and you might see which cons are likely to blow up over the coming months and years."Persistence and determination are incredibly important. But sometimes you need to analyze the situation and understand when you're wrong. You need to be able to cop to being wrong, learn to change, and continue to grow as a human being." ~ Sasha GreyWhat is the honest reason for holding Nano?Store of Value?On the Bitcoin front, there has been massive institutional investment from hedge funds and other companies looking to diversify their treasuries. Grayscale now has $16 Billion of BTC under management.One thing I find interesting about this development is that it effectively settles the “store of value” vs “digital cash” argument. Bitcoin is used more than ever and has greater value than ever, but not because it’s being used as cash. This is NOT Satoshi’s vision, but - putting emotions aside for a minute - I think that’s neither a good nor bad thing. It’s just a thing. It just shows that the market has developed in one particular direction with regards to one particular coin.Digital Cash?Nano is often described as fulfilling Satoshi’s vision, as if this was the only thing of importance. I probably have a better understanding of the Whitepaper than most, have actually used bitcoin to buy things (in 2014 no less), and I still don’t think this is the be-all, end-all of crypto. If this was so important, Bitcoin Cash would be more popular. It’s a coin that I feel is unfairly derided, as it does what it set out to do. Still, not used all that much is it?If a token wants to be a medium of exchange, it needs to be relatively stable, hence the massive increase in stablecoins over the last few years. Nano bagholders might shout “but fees!” at this point, but what if stablecoins moved from the eth network to other networks and fees continued to come down? I’ve used Vai on BSC and it cost a couple of cents to move and was near-instant.Serious question - what do you think will win: stablecoins with very low fees, or Nano with zero fees? If stablecoins continue to develop, move onto other networks, and are adopted by exchanges, what will be the advantage of using Nano?Novelty?At this point, maybe you just like the technology. You think it’s fun to use a token for things. That’s cool, but why? That’s what Doge is for ;) If you don’t care about price at all, then why are you shilling it to newcomers who do care about the price?Use this time in history wiselyPast performance does not guarantee future results, but if you were trying to make the best bets you could, why bet on a donkey?A CaveatI could totally be wrong. I held XRB in the distant past, and some Nano in the not-too-distant past. One possible route to price increase that I can see is if multiple exchanges adopted Nano and provided Nano pairs. If that happens, it would thrive.

Submitted December 29, 2020 at 02:38AM

Tezos New Privacy Preserving Protocol Upgrade- Explained by Arthur Brietman

https://youtu.be/23BhRSbE46I

Submitted December 29, 2020 at 12:51AM

Lightning Network Integration Now Lets Counter-Strike Players Earn Bitcoin

https://ift.tt/2WRlQtu

Submitted December 28, 2020 at 08:12PM

New Ledger phishing email in the wild, this one is using Google Docs and impersonating the website. Be safe!

I was one of the clients that was part of the Ledger leaks.I did a little search here in the sub it seems this one isn't documented yet, so I'm expose it here just in case.This email is trying to impersonate Ledger by saying a new transaction was made in your Ledger Wallet. Here's the email body (I'm blanking part of the URL for obvious reasons): Cm7J10L.png (621×216) (imgur.com)Once you open the Google Docs link, this is what you'll see: KPaFpWl.png (606×731) (imgur.com)And once you click "cancel", it redirects you to a fake ledger website: D2RzItM.png (1025×721) (imgur.com)Once you select the ledger device, it'll ask you to connect and authorize the device: JwRgyAx.png (1118×732) (imgur.com)I don't really know the method the scam will use to rob you, but I suppose after it connects to your wallet it'll either throw an error and ask for your wallet seed or it'll try to make transactions to transfer as much crypto as possible.The fake website is very well done and I could see people falling for this, specially people that aren't very techsavy. If you know people that had anything to do with the script kiddies over Ledger be sure to let them know the company fucked up and that they probably will get these kind of emails for a long time.EDIT: just to confirm how smart these guys are, they even went as far as creating a valid ssl certificate for the phishing website CvZle7U.png (934×548) (imgur.com). For some reason the media, at least here in my country decided to tech the masses just looking for a valid certificate (aka "take a look a the small green lock in the browser") is enough to know if a website is fake or not, this clearly shows it's not enough as anyone can create a valid website.The email that send the email was thompsonxeexx30@gmail.com.

Submitted December 28, 2020 at 06:54PM

Elon Musk says Mars economy will run on cryptocurrency

https://ift.tt/3hnqdpr

Submitted December 28, 2020 at 07:32PM

How my boomer father suddenly understood crypto (ok, bitcoin)

My father is a boomerHe's not too technical, he uses his smartphone as needed and looks into his email inbox once or twice a month. Bitcoin was always a mystery to him apart from the "fact" that it's a highly volatile investment. He prefers real estate investments.But one of the Christmas discussions suddenly made him understand crypto. I explained it as a way to stay liquid, independent from banks similar to what gold did for people after a war. Just that in this case, the scenario is not a war, but a financial crash such as in Greece, Argentinia, Venezuela, etc. where people suddenly discovered, that they either can't access their savings or that they were worthless.A week later he told me his investment software offers "bitcoin". A closer look showed there was no way to withdraw it which made him say "oh, so this is not real bitcoin then". That actually made me happier than him investing in this virtual bitcoin.TLDR: bitcoin is digital gold is a valid explanation for older people which doesn't need any technical details about Blockchain whatsoever

Submitted December 28, 2020 at 04:21PM

Demex - fully decentralized trading platform - spot markets, futures, LPs, staking and more - layer 2 on tendermint (cosmos sdk) is live, check it out.

https://ift.tt/3mTPxVd

Submitted December 28, 2020 at 04:16PM

Vitalik posts a retrospective on 2020 and the future of cryptocurrency.

https://ift.tt/354UXqD

Submitted December 28, 2020 at 01:12PM

CNN report Bitcoin is crashing upward.

https://ift.tt/3hnSOek

Submitted December 28, 2020 at 10:51AM

IB Times Ranks 2020's Best Performers

https://ift.tt/3mP6Sih

Submitted December 28, 2020 at 10:11AM

Moons Job Ad on Decrypt: Redditor Makes Over $24k in Bitcoin by Trolling r/CryptoCurrency -

https://ift.tt/3aKjTqX

Submitted December 28, 2020 at 05:36AM

Corporations Now Own $30 Billion in Bitcoin as Bull Run Pays Off

https://ift.tt/3pqfVb0

Submitted December 28, 2020 at 06:48AM

BlackRock ($8 Trillion AUM) is hiring a blockchain VP

https://ift.tt/2KZisd9

Submitted December 27, 2020 at 11:32PM

China Coin No More: Bitcoin Mining Shifting to Sweden and Norway

https://ift.tt/37RQx88

Submitted December 28, 2020 at 04:59AM

Mexico’s second richest man: Buying Bitcoin at $200 his 'best investment ever'

https://ift.tt/34JAWp1

Submitted December 28, 2020 at 03:57AM

Its on: Ether Trades Above $700 for the First Time Since 2018

https://ift.tt/3nNWMPQ

Submitted December 27, 2020 at 11:15PM

Approximately 1,000 Bitcoin mined back in 2010 moved on Dec. 27, 2020, for the first time in over ten years.

https://ift.tt/3rueMkx

Submitted December 28, 2020 at 05:29AM

Never underestimate the power of Hodl

With a lot of new people entering the market, i thought it could be helpful to give a brief summary of why holding truly is the best strategy you can take. Bear in mind there will be some exceptions, but I think this should apply to most people here that are new in the space. I invite experienced investors to share any additional pieces of advice you deem necessary to pass on to the new “generation” of entrants.Here a few reasons why holding truly is the best thing you can do:Day Traders lose money80% of active traders lose money, 10% break even and the last 10% make money. Im not saying there aren’t experienced traders that don’t make a fortune. They do. However, this requires A LOT of work, dedication and discipline. Sadly, most people will fall under the losing category. I think the “instagram-image” of successful investors play day trading out to be a simple thing that everyone will be able to do. Rest assured, this is not the reality. From my personal experience, I’ve also attempted to day trade and take advantage of swings, but looking back at my last 4 years in the crypto world, I most surely would have made A LOT more money by just keeping my crypto untouched and not being tempted to day trade.Source: https://www.wealthwithin.com.au/learning-centre/share-trading-tips/trading-the-stock-marketTaxesThis area is tricky. Every country has different rules in regards to taxes, therefore always make sure you consult with an accountant before making any decisions. Nevertheless, the general advice here is that all trades will trigger some kind of tax liability. Day trading will involve a lot of trades, some profitable, some not. Therefore keeping an eye on your taxes will be a lot more difficult when you day trade. There are countless stories I know of people making big bucks on a trade, using those profits to re-invest and then losing their money, only to find out they still owe money from the profitable trade, and not only now owe a large amount of taxes, but have also lost their money on new trades. As the saying goes, if you’re gonna sell drugs, make sure you still pay your taxes, because not paying taxes is 10x the crime of selling drugs. Whether you agree with the concept of taxes or not, you will feel the full power of the law when avoiding taxes, and therefore, holding will simplify your tax payments massively.FUDFear, uncertainty and Doubt. Take the latest ripple news as an example. Im not going to go into detail at all whether or not ripple did anything bad at all. My point here is that this market is young, markets tend to overreact massively when news comes out. Most people will panic sell, and then kick themselves when they re-enter their original positions at higher prices.Im not saying its not possible to sell high and buy low, but there is a reason people joke about things like “Buy high, sell low”. Whatever you think you know about the market, you don’t know anything. Whether you believe in technical analysis, as a beginner, FUD will cause you to want to abandon ship at any sign of negative news. Remember that time a Chinese article claimed Vitalik Buterin was killed din a car crash? The market bled more than the virgin Mary on her first period, only to regain most of the losses shortly after. Long story short, most of the FUD that exists now, you won’t even remember a year from now. Don’t get emotional, don’t overreact, don’t panic!Risk of exchangesNever leave your coins on an exchange. When trying to time the market, you may be temped to keep your coins on the exchange to be able to react quickly to news, this puts your coins at risk as you are trusting the exchange with your money.Unpredictable marketsAs the name implies, markets are unpredictable. I get messages daily from new friends entering this space asking “Why is the market down 10% today????”. Nobody, i don’t care if your warren buffet or jimmy buffet, nobody knows if the stocks gonna go up down left right or in circles.Long term thinkingI remember talking to my friend at a BTC price of 200$ if we should be buying more. My god I wish we had. What im getting at is, you need to think long term. Don’t buy crypto if you’re not willing to hold them for at least a few years. This market is so so young and we have no idea where it is going. Think of the gains we could see if only institutions invested just 1% of their capital in the crypto space. Think long term!Take profitsThis post is not to say you shouldn’t take profits. Do! In cray times like this we all need to keep some small sense of reality in us, your bills will come, your life outside of crypto has real costs, don’t bankrupt yourself waiting for a moon. Invest what you can afford to lose and be patient. There will be bumps, but holding what you can afford to lose is the way to go.Ive never really made a post like this, many might see this and disregard all of it. This is a post mostly dedicated to new investors, who may be tempted to day trade or panic sell very easily as they are new to the space and are not aware of the things more experienced investors may know. This all represents just my opinion, but i think its important to share, as if it even helps just 1 person, then I will consider this post a success.“ A child only learns that fire is hot by burning themselves a few times” —> If this post hasn’t convinced you, no problem, take a small portion of your investments and give it a go. Maybe you make a killing, and i hope you do. Maybe you lose it all and now have learnt a painful lesson. Either way, trying will let you know the truth for yourself. Thats one way to be assured you learn no matter what :)Good luck out there, and feel free to add or correct anything you may agree/disagree with.

Submitted December 28, 2020 at 01:13AM

Ethereum Spikes 13% to $711, Highest Price since 2018

https://ift.tt/3aLU4qz

Submitted December 28, 2020 at 12:26AM

Daily Discussion - December 28, 2020 (GMT+0)

Mark Cuban changing his tone on BTC

https://ift.tt/3hlOOee

Submitted December 28, 2020 at 02:11AM

XRP the standard

https://ift.tt/2WNCVV1

Submitted December 28, 2020 at 01:31AM

Ah I see both Bitcoin and Alts are trending today

https://ift.tt/3hlLRub

Submitted December 27, 2020 at 08:25PM

In it for the technology

https://ift.tt/3hlCf2B

Submitted December 27, 2020 at 09:55PM

Bought the dip! Yaa baby

https://ift.tt/3nWDpEc

Submitted December 27, 2020 at 11:13PM

This guy knows Doge.

https://ift.tt/2WQq3xE

Submitted December 27, 2020 at 10:52PM

Math checks out

https://ift.tt/3pp9a9o

Submitted December 27, 2020 at 03:44PM

When employee of the month??

https://ift.tt/3pkx6L0

Submitted December 27, 2020 at 04:51PM

Heaviest objects in the universe

https://ift.tt/3aXpAC7

Submitted December 27, 2020 at 05:04PM

Me, trying to stop myself from looking at the BTC price every few minutes.

https://ift.tt/3mPt4sA

Submitted December 27, 2020 at 02:51PM

It’s time to bring this one back

https://ift.tt/3mSlBsP

Submitted December 27, 2020 at 04:11PM

“Much like the USD our love was based on nothing”

https://ift.tt/3hrLQ8b

Submitted December 27, 2020 at 12:30PM

Bitcoin breezes past $27,000 while Cointelegraph latest report is on it nearing 26.

https://ift.tt/3nS2q3A

Submitted December 27, 2020 at 01:09PM

Rollercoaster gif is back!!

https://ift.tt/3mR5HyD

Submitted December 27, 2020 at 06:27AM

How Ripple bag holders currently feel browsing this sub.

https://ift.tt/3mVAZV8

Submitted December 27, 2020 at 08:37AM

Me right now

https://ift.tt/3o4ZiS9

Submitted December 27, 2020 at 09:12AM

How The Simpsons predicted BTC mass adoption 6years ago

https://ift.tt/3mQBpwa

Submitted December 27, 2020 at 08:20AM

Bitcoin has now become the largest financial service. IN THE WORLD.

https://ift.tt/3mQHIzB

Submitted December 27, 2020 at 01:49AM

r/cryptocurrency be like

https://ift.tt/3hi37ke

Submitted December 27, 2020 at 02:50AM

Daily Discussion - December 27, 2020 (GMT+0)

Smile through the pain

https://ift.tt/37QmUUH

Submitted December 27, 2020 at 03:06AM

Spotted this graffiti in Hong Kong

https://ift.tt/38C7eUf

Submitted December 26, 2020 at 11:37PM

Ledger's Christmas/New Year offer after the hack

https://ift.tt/2KsgCSv

Submitted December 26, 2020 at 09:04PM

If only all my ICOs worked as promised

https://ift.tt/3nVarEP

Submitted December 27, 2020 at 01:31AM

Our time will come?

https://ift.tt/3rvADZ2

Submitted December 26, 2020 at 10:31PM

Still waiting for an altseason

https://ift.tt/3rpXXr7

Submitted December 26, 2020 at 08:49PM

The BTC I got from my reddit moons is now worth $23,736.

I shitposted a lot in 2017. I was awarded 80k reddit moons earlier this year which I sold on the rinkeby testnet using XDai and honeyswap and immediately bought BTC with it. (0.92 BTC to be exact).That BTC is now worth $23,736 at a price of $25,800 per BTC.I have literally made $24k from memes and shitposting.Thank you reddit, thank you to the crypto community.Although it doesnt make up for all the BTC I lost since 2017, it still brightens my day and I will hodl this BTC until the end of time.I love you all.

Submitted December 27, 2020 at 12:10AM

Even 2020 was a shitshow in general, crypto brought some joy and made it better for us

https://ift.tt/38yC0NT

Submitted December 26, 2020 at 06:05PM

Can't stop this Bitcoin bull

https://ift.tt/3nR4Q2q

Submitted December 26, 2020 at 01:10PM

60% of the time, it works every time

https://ift.tt/2M9xRIE

Submitted December 26, 2020 at 02:02PM

Real money?

https://ift.tt/37OmhuG

Submitted December 26, 2020 at 11:53AM

No one could have seen it coming..

https://ift.tt/34N5V3Q

Submitted December 26, 2020 at 11:21AM

A quick early morning refresh.

https://ift.tt/3mXD7Ml

Submitted December 26, 2020 at 07:04AM

The amount of in-depth research and analysis I do before going all in on a new coin.

https://ift.tt/3hpF6aT

Submitted December 26, 2020 at 08:06AM

Merry Christmas Ripple

https://ift.tt/3rul2sI

Submitted December 26, 2020 at 07:19AM

Somebody spent way too much time on this. Lol

https://ift.tt/2KZzfg8

Submitted December 26, 2020 at 07:14AM

Me after losing my job, my GF, getting my data hacked (thanks Ledger) and being still 73% down

https://ift.tt/34JVUo5

Submitted December 26, 2020 at 07:24AM

Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit

https://ift.tt/38EbSAW

Submitted December 26, 2020 at 06:39AM

Ledger Security

https://ift.tt/3nPM2QR

Submitted December 26, 2020 at 06:59AM

R.I.P Ripple

https://ift.tt/3pow5lk

Submitted December 26, 2020 at 07:05AM

Daily Discussion - December 26, 2020 (GMT+0)

Michael Saylor Says He Cannot Talk About His Bitcoin Discussions With Elon Musk

https://ift.tt/2WNt95g?

Submitted December 26, 2020 at 12:21AM

PlanB interview

If you are interested in PlanB and his stock-to-flow model, check out the following anonymized interview here: https://www.youtube.com/watch?v=43CNzte_Alw.The interview is in Dutch, but English subtitles have been provided.

Submitted December 25, 2020 at 10:18PM

Less than a week left till the Grand Dickening/Pussing Out. How you going to celebrate?

http://dickening.com/

Submitted December 25, 2020 at 09:26PM

Trading Volume On Binance Exceeded A Record $3 Trillion Year To Date

https://ift.tt/2KVo5ZQ

Submitted December 25, 2020 at 09:31PM

Bitcoin Surges to Hit New All-Time High on Christmas Day

https://ift.tt/2WK1vpV

Submitted December 25, 2020 at 08:17PM

Bitcoin Just Recorded Another All-Time High: Is $25K Incoming?

https://ift.tt/3aIV26D

Submitted December 25, 2020 at 07:36PM

Bitcoin price delivers $24.5K Christmas gift with another new all-time high

https://ift.tt/2WNrL2s

Submitted December 25, 2020 at 06:38PM

So is the Ripple ticker symbol gonna change from XRP to RIP?

On a serious note, is this the end of ripple? I’ve been trying to follow the sec news and it doesn’t look good. Is there a way back? And why all the sudden interest in stellar? Is it coming off the back of what’s happening with ripple?

Submitted December 25, 2020 at 05:34PM

This is what is going to happen with the ripple lawsuit

The sec wanted to settle and offered settlement to ripple, garlinghouse and Larsen chose not to and chose for this to go to court. They could have settled and payed a fine. I still think they will reach an agreement with the SEC now that Jay Clayton has gone.90 + percent of trading and movement is done on the Xrp ledger OUTSIDE of the USA. Multiple g20 countries have already decided and declared it is a currency, fincen and the us treasury department have done the same.You probably hate ripple, you probably hate Xrp. The Xrp ledger exists without ripple no matter what you say, no matter what the sec says. Ripple has the capital to fight this and ex sec enforcers on their board.They broke fincen rules and payed a fine. I dare say the same is going to happen with this case.At the end of this ripple get what they are chasing after, regulatory clarity not only for Xrp but other cryptos.disclosure I hold btc, eth and xrp. Just not going to fight over lines of code like half the people on here.

Submitted December 25, 2020 at 11:40AM

If you are a fan of cryptocurrency, you should be afraid of the SEC-Ripple lawsuit.

To start off by addressing the elephant in the room, I’m sure a lot of you cheered when you heard the SEC was suing Ripple, claiming they were selling an unregistered security. I don’t think there’s a more polarizing cryptocurrency out there than XRP, and the number of people who cried out it was a “centralized shitcoin” was huge.I’ll be honest, while I definitely count myself on the pro-XRP side of things, if you were to ask me what the biggest risk of XRP was, it would be how much sat in Ripple’s hands after the founders of XRP essentially became the founders of Ripple. After all, the reason why Ethereum and Bitcoin were considered exempt because they are “decentralized” due to mining. The flip side of this was I also thought that Ripple was one of the few businesses that was actively trying to build a cryptocurrency ecosystem that had real utility, outside of just speculation, but maybe that utility building wouldn’t be enough.Imagine my surprise, when reading the SEC’s 71 page filing, after mentioning the generation of XRP once in a timeline, a good chunk of Section 2 and Section 3 could have been lifted directly from /r/Ripple or XRP Chat, going into detail all the positive things Ripple was doing for both XRP and the larger ecosystem, making sure the market stayed healthy, building liquidity, donating XRP and proceeds to charity, working on, and eventually creating, a product that uses XRP and funding other companies.The reason why the SEC did this is to develop a case that if Ripple was building use cases and markets, that would mean that those use cases didn’t already exist. Therefore, XRP was speculative and people were investing in the common enterprise of building a use case (Section IV, “XRP Was a Security Throughout the Offering”).And this line of reasoning should scare the shit out of everybody in the cryptocurrency space.Let’s be 100% clear, the entire cryptocurrency market right now is speculative. This is all a very cool tech in search of an application. In the meantime, people are trading on the speculation that a use case will come. Even saying BTC’s use a “store of value” is just another way of saying “I think that BTC’s value will either stay the same or rise,” which makes it a speculative investment. Ether is being bought and sold not to run dapps, but on the speculation that dapps will become a significant thing.Effectively, this shuts out any companies from doing any development of real use cases for any current or future cryptocurrencies. The second they do, by the SEC’s definition, part of people’s speculation will be on that use case’s success. From the way they described why XRP was a Ripple security, even mined cryptocurrencies could be considered to be securities, provided a single organization was making enough waves.So, if you are a company who wants to develop on top of a cryptocurrency, you are stuck waiting on a special blessing from the SEC before you’re able to use a cryptocurrency. Right now, that’s BTC and Ethereum (and not tokens that sit on top of it), with no method of actually getting approved.Also, good luck seeing any non-SEC blessed tokens listed on exchanges. No exchange wants to be accused of marketing unregistered securities.We would have all been much better off, XRP investors included, if the SEC stuck with the “decentralization” argument with XRP. If they did, XRP could be poisoned so bad that it would be untradeable, and I would be sad to lose a cryptocurrency that was making actual traction towards real utilization, but at least it wouldn’t have been an existential crisis for cryptocurrencies in the US.

Submitted December 25, 2020 at 10:21AM

$500M in Bitcoin leaves Coinbase as institutions buy more than miners sell

https://ift.tt/37ODEM2

Submitted December 25, 2020 at 09:46AM

introducing r/altstreetbets, the place where you get rich or poor trying to.

Hi guys/girls,A fresh new cryptocurrency subreddit has been created, r/AltStreetBets. It is focused on altcoin trades, memes, and shilling your favorite moonshot altcoin. We're currently sitting at around 1800 members with a very active community on Reddit and we have a Discord server in case you feel like discussing crypto with other members around the world.Post your insane gains or even crazier losses, and be prepared to get flamed for it.'When degenerates figure out crypto'r/AltStreetBetshttps://discord.com/invite/ZDA6YQcnTyThanks to the mods for allowing this!

Submitted December 25, 2020 at 07:03AM

Daily Discussion - December 25, 2020 (GMT+0)

Pro-Bitcoin Regulator to Replace SEC Chairman Jay Clayton

https://ift.tt/34FzvYO

Submitted December 25, 2020 at 12:05AM

To not be forced into a value system/monetary system - much like religion - that you do not want to be a part of is largely what blockchain technology represents.

Such a perspective may be a fairly foreign concept and hard to grasp - myself included. Just saying/typing the words and thinking about it may create confusion - which isn't surprising and... is expected, naturally.We owe it to ourselves, our family and friends - and our conscientious, reasonable, rational selves - to fight for something like this.We've all been indoctrinated and steeped in the current monetary system - seeing outside of such a thing is very difficult and takes effort and courage. If anything, I think DLT is something like a window - a hatch that gives people the ability and means to see and envision a richer, wider, grander, more egalitarian world.There's a saying around/about religion that goes something like, "Religion is like living in a house and looking out a window - and then claiming the entire world and landscape and animalia is precisely and limited to what you see out that one window. Meanwhile, though, there are multiple other windows in the house with multiple other inhabitants who have different views and landscapes and animalia."I'm sure there are those out there who'd mock this post's sentiment, but I'd argue their point of view and vision to be myopic and unduly dismissive, among other reasons, by way of the role money/value plays in all people's lives - and how money and value transfer often forms personality, brain-physiology, and social circles. Indeed, it's often the very basis of the person we become.When viewed through that perspective, it's both not surprising what we're seeing and is expected in terms of government reaction and "traditionalist sentiment." If someone has time to really dig into the historical ramifications and goings-on related to the church and state in years past, there may be some important and salient things to learn.

Submitted December 25, 2020 at 03:33AM

Livecoin.net hacked!

ATTENTION!!!Dear clients, we ask you to stop using our service in all meanings: don't deposit funds, don't trade, don't use API. We are under a carefully planned attack, which has been prepared, as we assume, over the last few months. We lost control of all of our servers, backend and nodes. Thus, we were not able to stop our service in time. Our news channels were compromised as well. At the moment, we partially control frontend, and so we're able to place this announcement. We're fighting hard to get back our servers, nodes and funds, we're working 24/7. News and next update will come up in the next few days. We're working in contact with local police authorities. We really do our best to overcome this issue.

Submitted December 25, 2020 at 12:59AM

No, Forbes, the Ledger hack does not "expose Bitcoin's greatest weakness"

I'm incensed by the title of this Forbes article in my Google newsfeed today: "Massive Hack Exposes Bitcoin’s Greatest Weakness".The Ledger hack, which resulted in thousands of people receiving phishing emails and many of them being tricked into downloading malware that stole their cryptocurrency, has NOTHING TO DO WITH A "BITCOIN WEAKNESS". The Ledger hack exposed a LEDGER WEAKNESS, period.F**king clickbait, and it worked on me.

Submitted December 24, 2020 at 10:36PM

Just in: New Pro-Crypto SEC Chairman Appointed

https://ift.tt/3pkG1vT

Submitted December 24, 2020 at 10:42PM

In the midst of this bullshit crackdown on Ripple, I just wanna say that most cryptocurrencies have appreciated against the US dollar over long periods of time. Crypto isn’t the problem. The US Dollar is the problem... and that’s why we’re all here.

The government crackdown is BS. Voluntary association and Caveat Emptor should rule the day...Did the Ripple founders mislead people? That’s debatable.Anyone putting their faith in a new kind of money has to understand there are very serious risks.... and I would say the foolishness of Ripple retail owners was probably greater than any maliciousness of the Garlinghouse, McCaleb, etc... (full disclosure I still hold Ripple, aI’m a Bitcoin first person. To me Bitcoin is the purest form of money there is, but this Ripple lawsuit doesn’t sit well with me.I know Alt-Coins are hurting right now, but it’s not time for Bitcoiners to gloat. People are just trying to find new ways to save money because the US dollar fiat system sucks.... soon negative interest rates will pervade our entire economy.... as far as I know there isn’t a single cryptocurrency with a negative interest rate attached to it, so I would argue that most cryptos are better forms of money than the USD.Yea Bitcoin maximalists might attack me for promoting alt-coins, but who the F cares. Money doesn’t have to be anyone thing.I’m a crypto maximalist, a competing currency maximalist, a freedom maximalist, and a money maximalist... that doesn’t mean I think the long-term end game is a maximum of 1 dominant form of money..Money is an expression of a person’s values and everyone’s values are different, so it follows that there will probably be many different species of money.The Ripple lawsuit is bullshit. Any long term holder of Ripple has taken a huge hit because of a tyrannical lawsuit levied on them by a corrupt institution.

Submitted December 24, 2020 at 08:36PM

Kraken's response to Ledger's security breach

Arguably more informative than Ledger's own response:______________________________Hi xxxxx,You are receiving this email because Kraken Security has analyzed the data in the Ledger breach from July 2020* and we have identified that some of your information may have recently been exposed by the attackers.The exposed data contains email addresses for 1 million newsletter subscribers and personal information (including email addresses, full names, phone numbers, and postal addresses) for 272,000 Ledger customers.It is possible that you will receive increased attacks against your personal email address and phone number. If you ordered a product from Ledger, it is possible, though unlikely, that your physical address could be targeted as well.What You Should Do to Protect YourselfDue to the nature of the Ledger breach you should be on the lookout for social engineering and phishing attacks targeting you specifically.These attacks will likely come in the form of an email, text message or phone call pretending to be an exchange (e.g. Kraken) or another service (e.g. Ledger).The attackers will likely try to get you to click on a link, respond to a request or install malicious software.Please use extra caution and read all communication multiple times. Be sure to check the sender and triple-check links before visiting and/or entering any information including usernames and passwords.Ensure you have Sign-in 2FA, ideally a YubiKey, on your Kraken account and any other online accounts that may be of interest to these attackers including your personal email account and other financial-related accounts.Contact your mobile phone carrier and put a lock on your SIM so it can’t be ported to another phone (e.g. SIM swap attack).Update the email associated with your Kraken account. To do this, sign in to your account, navigate to Settings > Account, enter your new email, and confirm the change with the codes that will be sent to both your old and new email addresses. Visit our Support Center for more information about email changes.For more information on securing your account and digital life, visit our Support Center.As always, we are committed to your security and want to make efforts to help our clients proactively protect themselves from potential malicious attacks.If you have any questions or concerns, please do not hesitate to reach out to us at support@kraken.com.The Kraken Team

Submitted December 24, 2020 at 03:05PM

Reminder that Lily Allen turned down 200k in bitcoins for a gig in 2009

https://ift.tt/3hln6OT

Submitted December 24, 2020 at 08:40PM

MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet

https://ift.tt/34H25sT

Submitted December 24, 2020 at 04:31PM

Bitwise Crypto Index Dumps Entire XRP Position: Bloomberg

https://ift.tt/38ANwbk

Submitted December 24, 2020 at 01:34PM

"Did I ruin my life by trading crypto?"

I was talking crypto with my brother and remembered reading this insane post a couple years ago, so I went back and found it. Might be relevant for some, entertaining for others. Link to the original post at the bottom.The story goes... During the 2017 bull market, a college student making $12/hour at Barnes & Noble puts $5,000 into GDAX. By December that year, his portfolio is at $880k. So my dude quits selling books and picks out a lambo in his favorite color? Nope. He was chasing a million and never took profits. By January, the market tanks and he's down 85%. But that means he still has $125k, which is a damn good return on $5k (2400%). Story over? Not a chance.When he made his money and when he lost it is very important because this is the Land of the Free. Uncle Sam comes knocking and says you owe $400k in taxes. Since the realized capital gains were made in 2017 and the realized capital losses happened in 2018, he can't use any of those losses to offset gains. He's on the hook for the full amount. The post asks for advice, and the general consensus was to work with the IRS on an Offer in Compromise. Basically, the IRS takes the last $125K and calls it even.It's an unfortunate part of trading, but with the run in Bitcoin and many alts this year, the new (tax) year will be here in 7 days. Who knows what will happen in 2021. Make sure you guys are staying safe and covering yourself for any potential liabilities.TLDR: taxes suckLink to original post with 1099-K: https://ift.tt/37LkGWD

Submitted December 24, 2020 at 01:36PM

There are only 234 comments on FinCENs horrible policy. GO TELL THEM WHY IT SHOULDN'T BE ALLOWED

https://ift.tt/3mLpgbC

Submitted December 24, 2020 at 01:34PM

Andrew Yang files paperwork to run for New York mayor

https://ift.tt/3mJbG8Q

Submitted December 24, 2020 at 01:42PM

Tax traps at end of year

As someone who witnessed several close friends get massacred by the end of year tax traps during the Internet bubble burst, hear me out.If you make any dramatic move prior to the end of the year, and lock in any profits, for the love of god please calculate the tax liability then and there, and put the money to pay those taxes aside in a safe place.Here is how my best friend f'd up. We worked at Sun. He had ESOP shares that he sold when he thought the market was peaked , late in the year. Early the next year, Sun dipped, he took the entirety of his 'winnings' and put it all back into Sun. Then the bubble burst, Sun stock plummeted, but he owed tax on the prior years enormous profit. He waited and waited as the April 15th deadline approached, hoping Sun would recover, it didn't, it actually got noticeably worse as tax day approached. My friend had to sell very low, to pay his tax bill, and was still $ 200K short!. It took him many years to recover.

Submitted December 24, 2020 at 07:56AM

MicroStrategy CEO Says Flow of Money From Conventional Assets Into Bitcoin Not a Bubble

https://ift.tt/3aDMD4p

Submitted December 24, 2020 at 09:28AM

MOON Proposal: Restriction on the amount of comments per user eligible for Moon distribution.

The idea of this proposal is to encourage more thought-out comments, and to discourage users simply commenting for the point of commenting in order to farm moons.I've noticed a handful of users spam comments without applying any effort/discussion. I believe restricting the amount of comments a user can have eligible for moons (18 a day / 504 a month) will hopefully inspire more effort to be made when commenting.It's likely this small tweak will only apply to a tiny proportion of the community, however I believe it will make moon distribution fairer and more accessible for people that only comment insightful points.I'm interested to hear what you think about this proposal, is the threshold too high? too low? When you vote perhaps comment a reason.Please note, after you hit the 504 comments (including deleted ones) per month threshold you will still be able to comment, but the subsequent karma will not be counted for the moon distribution. 504 was chosen as it's 18 comments per day in the 28 day moon cycle.View Poll

Submitted December 24, 2020 at 05:00AM

Daily Discussion - December 24, 2020 (GMT+0)

IMMEDIATE ACTION REQUIRED: USA FinCEN tries to sneak new "Wallet Registration" requirement in over the Holiday. This is the WORST.

The dirty bastards at Financial Crimes Enforcement Network (“FinCEN”) US Dept of Treasury just posted on the Federal Registry a new regulation to require US Exchanges to not let you send your crypto to an offline (re: address outside the exchange) address unless your tell them whom owns the wallet.The did this over the Christmas & New Year Holidays to bury it. Normally there is a 60 day window. Now it is only 12 "In the interest of National Safety". TOTAL BS.When you hit the hot link below you will get a page with a green button--click on that to leave a comment. Your comments will be read by lawyers. Be professional. If you don't stand up for your Privacy Rights NO ONE WILL.DO IT!HOTLINK TO FED REGISTRY: https://ift.tt/37HRKPl SCREENSHOT:https://ift.tt/38xhsFl

Submitted December 24, 2020 at 04:01AM

New Moons Distribution (Round 8 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 2020-11-25 to 2020-12-22. 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 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 2020-12-30. 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 will be able to claim their Moons through the Vault in the Reddit mobile app.

Submitted December 24, 2020 at 04:55AM

SEC Chairman Jay Clayton resigns

https://ift.tt/2Jk7LBI

Submitted December 24, 2020 at 02:56AM

It is now possible to submit comments on FinCEN's proposed new rule

Direct link to comment form:https://ift.tt/3pmUA1Y can be submitted anonymously. Government agencies are required by law to give consideration to each comment, and to respond to each unique comment in the federal register. It is better to submit comments in your own words, but if you struggle to come up with the words, look to organizations like Coin Center and re-use some of their words.

Submitted December 23, 2020 at 11:46PM

Send a letter to FinCEN requesting withdrawal of the new regulations. Monero Outreach has an example for you to consider (written to apply to all crypto).

https://ift.tt/3mMACw2

Submitted December 23, 2020 at 10:04PM

Grayscale buys 12,319 BTC (50% of monthly mined supply) worth $285m over the past 24 hours

https://ift.tt/2LWZsfT

Submitted December 23, 2020 at 08:10PM

Trading Advice: Two Quick Tips to Keep You out of Bad Trades

Hey, I'm a crypto day trader and I've decided to make a series of posts related to trading, hopefully to give some advice to some of the new traders here. I made my first thread a few days ago about the lesson that anything can happen, but today I want to give two quick tips that can help keep you out of bad trades.The first trick is something that I consider essential and it's something that a lot of new traders make the mistake of doing. The mistake new traders make is entering a position before a candle has closed. This is a sure fire way to end in disaster.I know it's very emotional and intense when you see a candle start to shoot up (or down), but you really need to have patience, and you need to wait for that candle to close before you can consider it a confirmation. Going in before the candle closes is really like going in blind, and you really don't have the information you need to make a good decision.When we trade, the best we can do for ourselves is give ourselves a statistical advantage based on practice, our strategy, and our discipline and emotional control. When you enter a trade nothing is guaranteed, but it makes it even more difficult if you enter before you have a chance to judge whether something really meets your entry requirements.It also makes it much easier to practice, and much easier to trade live the way we practice, if we wait for candles to close. If you use the replay function on Tradingview to practice for instance, you're going to be practicing on closed candles, and you should trade live on closed candles too.The second tip, is how to place your entry to keep you out of bad trades. This tip actually requires implementing the first one, so they work well together to keep you out of bad trades needlessly.The general idea, is to place your entry a few ticks above the high of your closed entry candle, using a stop-limit order. The reason for doing this, is because if the next candle reverses, your order will not get filled and it will keep you out of a trade that would have otherwise went bad.I'll walk you through it with some examples:1(1) Say we have this situation here, and we've decided that this bullish candle (The most recent white one) is where we want our entry based on our strict entry rules, whatever they are.2(2) What we would do, is make a stop-limit order, and have our entry a few ticks above the high of the entry candle, indicated here by the green line. It's important it's above the high and not the real body. I don't have the statistics of the fail rate, but I can tell you from personal experience that putting it above the real body instead of the high will get you in a lot more bad situations. Even though you make a little less money per trade putting it above the high, the amount of bad trades it keep you out of is well worth it.3(3) Here's what it looks like when the price reverses and goes downwards. You can see how it kept you out of a trade that may have went bad for you. As an extra, you can see another green line I marked on the left where this would have really saved you. If you would have went in early on the one on the left, thinking price was going to shoot back up, you would have got wrecked. But doing an entry above the high, you would have avoided it.4(4) So, what happens next? This! This is actually an interesting example:Because of how we set our entry with a stop-limit, we could have left the order up for several candles to see how the price action shakes out. If it would have continued downwards, we could have just cancelled the entry and taken a different trade. But being as how it reversed and filled our order, we got in at around the same price we would have got in anyway had we rushed it, but we reduced our risk by keeping us out of the trade had it continued downwards. That is extremely powerful when it comes to mitigating risk.5(5) It's worth noting that this technique can be used with stop losses too. Had we entered here instead (green), and placed our stop loss a few ticks below the low of the lowest candle (red), we would have kept ourselves in the trade long enough for it to turn favourable for us without us getting out too early. Another powerful tool.This example is really interesting because if we would have gone in before the candles closed and rushed it, we could have had multiple failing trades here, but because we did it this way, we avoided them all.6(6) Even if we would have chose the wrong candle for entry here, it wouldn't have costed us anything and we could just try again. If you placed your entries and stops correctly, you could have made multiple wrong choices here and still ended up in a winning trade. A big one (note: I don't recommend risking more than 2% per trade, it's just an example).In summation, make sure and wait for candles to close before you use them as an entry signal. Going in too early is a recipe for disaster. Also, when you're timing your entry, use a stop-limit and enter in a few ticks above the high of the entry candle. This will keep you out of bad trades if the price reverses and goes downwards, reducing risk and making it more likely that when your order does get filled, that it will have a better chance of being a good trade.

Submitted December 23, 2020 at 09:47PM

Russian economist, A. Aksakov expects many big companies to release their own stablecoins next year

https://ift.tt/3rnECXr

Submitted December 23, 2020 at 07:11PM

Got scammed by a guy pretending to be with the STORMX team

Here's what happened: there was a STORM token swap that I did not know about and missed it. Now, I was left with about 70k old STORM tokens and wanted to swap them. I got into the STORMX telegram chat, and this guy, who took the name and profile picture of one of the admins offered to help. He asked for my ETH address, pretended to send it to their Swap TEAM, then sent me a link to a website, where I was going to offer him access to the ETH address. So I started to be suspicious about it, and I moved my ETH to a different address, then logged into that website (I know it is STUPID).He saw I moved the money, so he said I should fund some, to be able to swap the STORM. So I added 0.02 ETH to see what's next. He said to add more, so it can be faster :)Sadly I have forgotten about the 200$ worth of FirstBlood tokens that are now gone.He also promotes this stuff here on reddit here: https://ift.tt/3rmEpni I believe he is the same guyThis is the website he asked me to use: https://ift.tt/3rlyPS9 someone can track him down or something, I don't know.Here is the compromised address: https://ift.tt/3mL3d51 just don't want anyone else to fall into this. This limited time for swapping (I did not keep an eye on the project, but also didn't get any email or anything) that led to this thing makes me wanna stay away from crypto unfortunately. 5 months to swap is not that long, whatever they say.

Submitted December 23, 2020 at 07:45PM

Indian Police Bust International Bitcoin Extortion Rackets, 96 Arrested

https://ift.tt/3mLBHEe

Submitted December 23, 2020 at 08:13PM

хrp price falls 24% in 24 hours as exchanges begin delisting

https://ift.tt/3aCLlH9

Submitted December 23, 2020 at 08:36PM

Just received this email after the Ledger hack - Be safe out there

Hey (My Full Name) i have recently became aware of your Cryptocurrency holdings, i also live in (My city) and i also am are that you live at (My Address)I'm not afraid to send someone to invade the house and take the Crypto, i don't want to make this harder then it has to be.(Calling the authorities won't do ANY help as they do not care about a $500 ransom, they will laugh and tell you not to send it. But if you want to save the hassle and pain with your family calling you asking why all this is happening over $500 , it's your choice haha)I'm offering you $500 (shouldn't be much due to the recent pump) to leave you alone completely.If you choose to ignore this offer, i will harass your whole family and send people to there house at night and break there windows, and i will call your work and harass them.I'll be waiting for the money and watching you until then.Bitcoin 17h9xHXTmGXrVWdX7cxUdGUoZtgA1GYpCb Ethereum 0x2f0404E1b90dcb98b1e7aAF324b23398E6D2fC85 XRP rDWYa2ZF3gmBBDZsv8RgBwfindtWUA1hGk

Submitted December 23, 2020 at 06:40PM

Quality stress test of the Nano main net just performed: Spectacular record inside!

/r/nanocurrency/comments/kfvl6p/quality_stress_test_of_the_nano_main_net_just/

Submitted December 23, 2020 at 01:55PM

Write your congressman!

If you don't like the new regulations being proposed for Crypto wallets and holdings, LET THEM KNOW! I just wrote my congress person about this issue (among others) and feel like I actually did something instead of just bitch and moan. Tell them your vote depends on this issue and whether or not they will fight for it - that might get them to understand that they work for us, and not vice versa.

Submitted December 23, 2020 at 10:21AM

Transferred just under $50,000 worth of crypto between wallets for pennies on the dollar. I AM SOLD!

I just finished wrapping up a few transfers between wallets and I got to say, what an amazing feeling it is to transfer such a large amount for practically nothing.There are no 3rd parties taking their cut... I can get used to this!I learn so much more every single day thanks to this community.

Submitted December 23, 2020 at 12:17PM

Ripple sold XRP to insitutions with up to 30% discount - they literally gifted away your money

https://twitter.com/stephendpalley/status/1341483625213272066/photo/2

Submitted December 23, 2020 at 05:19AM

Bitcoin’s Liquidity is Vanishing From Exchanges and Supply Crisis is Near, Bullish for BTC Price

https://ift.tt/34CdTfZ

Submitted December 23, 2020 at 12:07AM

Ledger info hacked and apartment broken into

Some time ago my mail got hacked. It seemed that the hackers cloned my SIM card and gained access to my mail. They locked me out by changing the password and the phone number. With help of the email provider, I managed to regain possession of my email.I already forgot about that episode until today: the person who bought my appartement, and with whom I got befriend, sent me a WhatsApp, telling me that the apartment had been broken into and completely overhauled. He told me nothing was stolen. Nothing.They had been looking for something. My Ledger. My email contained deposit emails from Binance which stated the amounts for which I bought Bitcoin after the sale of my house.Thanks Ledger.Wow, I’ve learnt my lesson. I just created a separate email account just for crypto at ProtonMail with no relationship with my identity whatsoever.I was lucky that I moved and that I am living a digital nomad lifestyle right now, so my whereabouts are quiet unclear. But it is a scary thought that I am still a target with a price on my head.Just be careful out there !PS, my reddit handle is fictitious and already created a separate ProtonMail for this account.

Submitted December 23, 2020 at 05:25AM