Studies show mining Bitcoin is 3.5 times more expensive than digging up actual gold

https://ift.tt/Ti5smhB

Submitted March 31, 2022 at 06:56AM

Daily Discussion - March 31, 2022 (GMT+0)

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 The prior exemption for karma and age requirements is no longer in effect.Discussion topics must be related to cryptocurrency.Behave with civility and politeness.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

Submitted March 31, 2022 at 07:00AM

Manipulation Report: The Helpful Network

Mods do a lot of behind the scenes work to handle manipulation privately so the attackers do not learn our methods and evade them, but in certain cases like this one I believe it is good to show people what to look out for. Like with phishing, no matter how many protective measures you put in place, knowing is half the battle. If you are interested in this topic, SmarterEveryDay did a good series about manipulation on social media. There are videos for YouTube, Facebook, and Twitter. Reddit was not included but it does face very similar challenges as outlined by the admins here.The Helpful NetworkWe recently started tracking a network of accounts doing astroturfing work on crypto reddit. If you browse the profiles listed below, you'll see them having super organic conversations with each other, where they recommend and advertise various crypto projects. One account will have a question and another will kindly jump in with just the answer they are looking for! And then they'll go follow that user to other posts and subreddits to be helpful and answer their questions there too.u/aechieeu/ambitiousad7027u/antony_hipsu/gibson_monku/ham_harrisonu/hello_gunu/kollin_ronu/kris_angelsu/kriss_pruvestu/lanfgyu/mallamwau/natures-magicu/nightmarekrolu/norman_ked (archive)u/questybu/semmonryu/vins_grummeru/x-tronerThis group is humorously bad at pretending to have conversations with themselves, but it won't always be this easy to spot. There are some common signs of inorganic accounts that you should know to look out for. Some other behaviors and indicators associated with these types of accounts I would like to add:Karma farming to bypass our karma requirements by either begging in /r/freekarma4u or posting agreeable content like "cute cat" in r/aww or "fookin kneelers" in /r/freefolkPosting in other crypto subs with little to no moderationZombie accounts: The post history shows a complete change in behavior at a certain point, usually associated with a long gap in posts. This change is typically when the account is sold and begins full time shillingPosting in old threads where they won't be downvotedAnd finally in r/CryptoCurrency specifically, they will usually have little to no MoonsPrevious Reports:Manipulation Report: The XMR Spam Attack. 424 known accounts, 25 subreddits, and 13,280 spam commentsManipulation Report: The Fun Space GroupCrypto Reddit Manipulation Report: Dream Network

Submitted March 31, 2022 at 03:33AM

The SEC is a joke and their enforcement is shambolic

The SEC only targets low hanging fruit - pat themselves on the back - make a public statement about it - then don’t even care about the legal follow-through.They never want to target cases or companies that are difficult, challenging, or embarrassing. They’re an agency that polices broken windows on the street level and rarely goes to the penthouse floors!They contact blockchain businesses that are holding token sales and force them to close and refund investors. They claim to “maintain fair, orderly, and efficient markets, and facilitate capital formation” but play nice to big corporations, while employees take very high paying private sector jobs after working there!They shells out billions and billions of fines each year but a large number of those fines go to big banks, some of the most evil companies on earth!!Their enforcement division is measured by only two metrics, the number of cases filed and the monetary penalties - more than half of SEC employees are made up of enforcement personnel and examination staff - they need serious reallocation of their resources! Enough is enough!! Gary you might have taught that MIT class but you have no business ‘regulating’ the future of global finance!TLDR; The SEC is a useless government body that does NOTHING to actually protect investors, only favors big business, and should stay the HELL away from cryptocurrencies.

Submitted March 31, 2022 at 12:28AM

Getting an Uber is a simple concept but may be difficult to explain to someone 30 years ago as you would need to explain the internet, smart phones, apps, etc. What relatively mundane concept today (like hailing a cab) will be completely revolutionized as blockchain/crypto technology is built out?

Most of the time when folks try and picture a new technology they apply it to todays standards and often completely miss the mark.There are many examples but the process of ordering an Uber/Lyft is one where the concept is very simple and understandable (hailing a cab) but may be difficult to explain to someone 30 years ago as so much technology has built on top of itself to allow it. (High speed internet, smart phones, apps, GPS, etc.)What simple task today will be done in a completely new fashion in 2-3 decades as the technology infrastructure of crypto/blockchain continues to be built out?Edit: Not sure why some are hung up on the Uber example. Its not the point of the post folks.

Submitted March 30, 2022 at 11:44PM

Will ETH Lead The Next Bull Run?

Ethereum (ETH) volumes appeared to be converging with those in its larger peer Bitcoin BTC, recent data showed. The world’s second-largest cryptocurrency has seen a spike in interest this year ahead of a widely anticipated shift to a proof-of-stake (PoS) model.ETH price has surged over 20% in the past two weeks, and was trading at around $3,400- close to breaking even for the year. Daily volumes have also steadily risen, averaging at roughly $20 billion over the past week.BTC price also shot up to 2022 highs this week, and was trading around $47,000. But while volumes did increase, they were substantially lower than the massive amounts of liquidity seen in 2021. Still, the world’s largest cryptocurrency commanded over 40% of total crypto market capitalization.But the latest crypto rally has also seen several altcoins vastly outperform BTC, while notching record highs in market capitalization. A similar scenario was observed during the start of the 2021 rally, which had eventually challenged BTC’s dominance.And so the question is will ETH lead the next Bull Run?https://ift.tt/Krmbj0R

Submitted March 30, 2022 at 10:11PM

What is your opinion on play-to-earn crypto games?

The traditional gaming industry as we know it is being disrupted by GameFi projects and play-to-earn games. These blockchain-based monetizations of the gaming experience are effectively play-to-earn crypto games. Players play to gain prizes rather than to win, which is what sets them apart from typical games. The ability to compensate players for their time and effort is, unsurprisingly, at the root of the quick rise in popularity of these play-to-earn games, often known as GameFi. Who wouldn't want to make money while having a good time? The future of gaming is PlayToEarn. While playing games, users must earn NFTs or crypto tokens!I have been on crypto royale(a coin that may be obtained through blockchain-based gaming. Users can join a game by joining a battlefield, and the last person standing wins a little amount of money in the form of bitcoin.), Gods Unchained(is a truly competitive trading card game based on the blockchain that rewards you for playing. Players must outsmart their opponents by constructing formidable decks and employing combat techniques.), Axie infinity(In the field of NFT gaming, Axie Infinity is the undisputed leader. NFTs represent in-game digital assets such as the Axie animals. As previously stated, these cryptographically unique tokens confer ownership and allow players to exchange axis for real money on the game's marketplace.), splinterlands(Winning battles is the most common way to acquire DEC. DEC is awarded to you according to your level, your opponent's level, and your capture rate in each combat. As you win, your capture rate decreases, lowering your payout, but it progressively replenishes between wins) and ENGN which i have recently grown much interest on(When a typical game is played, it responds to the player's inputs and creates reactions within the game world using the language it was written in and the game mechanics engine it was built on. The outputs are displayed either graphically or as achievements in some way whenever the player has won a round, mission, or finished a task. ENGN now kicks in. ENGN translates the user's blockchain data into data that the game environment can interpret. ENGN identifies the game environment's outputs and converts them to data that the blockchain can comprehend.)What are your opinions on this?

Submitted March 31, 2022 at 12:32AM

Daily Discussion - March 30, 2022 (GMT+0)

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

Submitted March 30, 2022 at 07:00AM

Let's face it. Most of us see Crypto as a investment like stocks not a currency.

While this sub actively wants that as many countries and people as possible would use Crypto as an actually currency so that it replaces the dollar in a more decentralized way. On the other side we all also want that Crypto just keeps doing 10x every year so that we make a lot of money.Don't know about you but having something as a world currency that occasionally does a 10x up and down, seems chaotic to say the least.And I personally think it's completly okay to see Crypto as a investment than a currency right now. But I would also say that at one point Crypto will be so big that it would be stabke on the price. Meaning we won't see any major dips but also not any 10x or so over a short period. This may be the only way of Crypto as a currency.Obviously we all want to make some money but the greater cause of Crypto wouod not fulfill that. And I'm ready that one day Crypto won't be as fun as today but more useful to everyone.

Submitted March 30, 2022 at 12:40AM

Ronin bridge was hacked to the tune of 173,600 ETH

https://ift.tt/oDK4EJY

Submitted March 29, 2022 at 10:44PM

Ronin had 9 validators (wow!)...and the team controlled all of it.. and still managed to get hacked! What a joke

This is what Ronin's team looks like.When you do all the work yourselfNow there is almost $600m worth coins stolen from this shit show that the hacker will be looking to dump. While CEX have blacklisted the hacker's address already, nothing is stopping him from dumping all of it on DEX. He can play with the market though cashing out would seem difficult at this point.Even Tornado cash is not 100% fool proof, as the recent NFT rugpull bust by DOJ suggests.. In that case the rug pull scammers used tornado to wash their coins but still got caught.In this case it seems the hacker is already sending funds to CEX which means he is most likely KYCed or using fakes..

Submitted March 30, 2022 at 12:11AM

Ronin bridge was hacked to the tune of 173,600 ETH

https://ift.tt/oDK4EJY

Submitted March 29, 2022 at 10:44PM

Oh no… Will Smith Slap Inspires New Token Will Smith Inu And It Rallied 10,000% After Oscars Assault

https://ift.tt/6EdQCmM

Submitted March 29, 2022 at 01:03PM

A $350,000 Bored Ape NFT was just sold for only $115

https://ift.tt/PeIQNqV

Submitted March 29, 2022 at 01:01AM

I’m so full of shit.

Every time we get into a dip/crash/downturn, whatever; I say to myself “I’m going to pull profits the next time I see any.” And then the slightest bit of green happens, and my whole sentiment changes to “I’m never fucking leaving!”.It takes more discipline to sell than to buy. Give me two beers and a shot; I’m buying everything like I’m Warren fucking Buffet. But when it comes to selling, I am totally inept and whatever conviction I had during the bear goes straight out the window.Maybe this is my future self telling me to hold, or perhaps this is greed. Whatever the case, I’m full of shit.

Submitted March 29, 2022 at 07:49AM

Daily Discussion - March 29, 2022 (GMT+0)

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

Submitted March 29, 2022 at 07:00AM

Hey Redditors! I'm sending some VINU to every commenter, up to a total of 500B VINU (~$12,000)

​https://ift.tt/2nDMitU the title says, I'm giving away a bunch of VINU to everyone who comments on this thread!What is VINU?Vita Inu (VINU) is the world's first zero-fee, light-speed, dog coin with smart contracts!It is a token built on the Vite network in November 2021 by Vite enthusiasts. Much like Nano (XNO), Vite is a DAG network with near-instant transaction times and zero fees. But in addition to that, Vite is the first public chain to implement smart contracts on the basis of a DAG ledger. Because of this, VINU is the world's first dog coin with near-instant transaction times, zero fees, and smart contracts! VINU is also proudly the #1 project on the Vite chain.VINU's philosophy is to provide education about cryptocurrencies in a fun and ethical way. It does so by building a fun and engaging community around the cryptocurrency project. It is also currently sponsoring a blockchain awareness program in India (and previously Nepal), and will continue to do more for blockchain awareness elsewhere on the globe.VINU is unlike other memecoins. First, VINU is committed to paying all its community members fairly for their contributions to the project. Members receive VINU as rewards for moderating social media and community platforms, organising events, creating artwork, and so on. Second, VINU leans into transparency in legal compliance, with legal opinions valid in the EU and US. Last but not least, VINU is committed to the fair distribution of a significant portion of its total supply.VINU even has its own tipbot right here on Reddit, where our community can tip tokens without transaction fees & you’ll see it in action in the comments and over at our subreddit!Here’s some of VINU’s achievements in the past five months since its creation:Listed on Vitex, MEXC, Bitrue, Digifinex, Hotbit, Chainbits, PancakeSwapPartnered with Simplex, the world's largest fiat-to-crypto service provider.Featured on Investing.comSponsored a blockchain awareness program in India & Nepal.Bridged to BSC - VINU is now on two chains; VITE (native) & BSC (bridge).BSC Contract: 0xfEbe8C1eD424DbF688551D4E2267e7A53698F0aaBecame a supported token on tip.cc, the largest cryptocurrency tipbot on Discord.A full pixelart animation of VINU beating up ShibaAnd there’s much more planned for the project – including a metaverse (“Vinuverse”) with a full VR World, a decentralized swap (“VinuSwap”), NFTs, Games, and more.As you can see, VINU is clearly one of the top dogs!Did we mention there’s also a free faucet?How to participate in the Airdrop?You will need a Vite address to participate in this giveaway.Get your Vite wallet hereHere's a guide on how to set up your Vite walletComment your Vite address below!Follow us on our socials if you want more updates on our project: Twitter, Discord, Telegram, Instagram, Facebook, Medium (List of country-specific groups: https://ift.tt/HzZckYX giveaway will end in 48 hours, or when I run out of VINU, whichever is faster.Don't miss your chance at getting yourself some free VINU!Questions?Hop over to OUR REDDIT or join the community on Discord or Telegram.Our friendly neighborhood community moderators will be ready to help you!NOTE: We would be remiss not to point out that we’ve been hugely inspired by the Nano giveaways on this sub in the past. In fact, Vite and VINU were created to allow "feeless & instant" to be brought to Web3, and a significant number of team members from both projects were/are active Nano community members.As well, we will giveaway 5x100 dollars to random people.

Submitted March 29, 2022 at 04:37AM

Quarter of adults believe cryptocurrency to be the 'future of finance'

https://ift.tt/iqY8Ju9

Submitted March 28, 2022 at 11:26PM

We r/CryptoCurrency Podcast in 1 Hour! - Live Recording - Followed by Q&A - 11pm UTC | 7pm EST | 4pm PST

We moved our weekly r/CryptoCurrency podcast to Mondays.Come join us later today - lots to talk about this week! Bitcoin spice, NFT rugpulls, Mt Gox back in the news.... and more!Stick around for the Q&A .. all questions are fair game!

Submitted March 29, 2022 at 04:50AM

Mildly Interesting: One Bitcoin can now purchase 10,000 pizzas.

In May 2010, Laszlo Hanyecz famously made one of the first Bitcoin purchases when he got a Papa John's pizza for 10,000 BTC (apparently it was two pizzas, but let's stick to the legend).Currently, with a coupon on "Consumer Queen," you can get a small 1-topping Papa John's Pizza for $4.This means that, if you had a LOT of those coupons and 1 BTC, at today's rounded price of $47,000 per coin, you could purchase well over 10,000 Papa John's pizzas. 11,750 to be exact.I was going to wait until Bitcoin crossed $80,000 since the pizza's I normally buy are $7.99, but obviously the moonshot hasn't come yet and I got impatient, haha.

Submitted March 29, 2022 at 12:01AM

I‘m afraid this upcoming EU crypto vote is not getting the attention it requires - EU tries to ban self hosted wallets 🇪🇺⛔️

https://twitter.com/paddi_hansen/status/1507741894494855168?s=21

Submitted March 28, 2022 at 12:20AM

Over $100 Million dollars worth of shorts on ETH and BTC were liquidated in almost 5 minutes flat.

You can see some of the short and long data here and track the liquidations live. https://ift.tt/0LyZpml has finally broken out past it's $45k sell wall briefly moving past $46k indicating that larger gains over the coming week may be quite likely.Ethereum climbed up past $3.2k with its next resistance around $3.5k.The US FED has promised to lower their monthly purchases of stocks and bonds, and is also starting to increase interest rates back from it's long 0% rate during the pandemic. This should put some downpressure on most stocks now that it isn't effectively "free" to continue to borrow massive amounts of money.Obviously there's still a lot of uncertainty in the global markets with the war in Ukraine, but I don't see crypto taking any worse of a blow due to fear than regular stock and ETF options.China is also dealing with their massive housing financial crisis, which isn't made any better bycurrent events.With inflation at all time highs (and is NOT transitory, likely to keep increasing) crypto is proving it's a necessity for storing value outside of fiat currencies.

Submitted March 28, 2022 at 04:10AM

Spool Automated yield platform launching soon..

Technically, today makes it the 89th day since BTC was $50,000 and ETH was $4,000. I can very well remember the sentiments that were flying around at that time. A whole lot of speculation about BTC and ETH hitting $100,000 and $10,000 respectively was made. 90 days later, the two top coins have danced below expectations. Not only that, every other alts followed the dip trend. It almost became a normal thing. An average crypto trader at some point was beginning to make net losses. It was even worse for folks that bought the top. Now, a lot of people are pissed off but they can’t complain.On the other side were the minority, those who were lucky enough to learn early that investing in cryptocurrency is not just about chasing dumps and pumps. These are the guys that have maximized the incredible opportunities that come with DeFi. Yield farming, providing liquidity and lending may be strange words to a DeFi noob. However, they are currently the most logical way to earn steady passive income in the crypto space.A lot of people are already familiar with yield generators like Aave, Compound, Curve etc. Anchor protocol is the recently popular one with 19% APY on stables. What a lot of people are yet to be familiar with is Spool, which basically acts as infrastructure middleware that offers users a way to participate in a combination of other yield aggregators while limiting risk. How cool is the sound of getting the average of the yield generating power of different yield protocols all at the same time? You are about to see that in full action as the DAO-ran project is wrapping up its Alpha release for the quarter.For the sake of uninformed gents, Spool is simply a new form of auto-compounder. By definition, it is a kind of vault with a smart contract that automatically routes users' deposits into an array of different Yield generators in a risk-managed and yield-optimized manner.Basically, a spool is made up of a risk model, risk tolerance and subset of yield generators. In whole, this represents a yield strategy. According to the design, there will be a lot of spools inside the protocol giving users enough flexibility to decide on the yield strategy that they are most comfortable with. Another big deal about it is that users have the option to adjust their risk tolerance and yield strategy in general before their deposits to meet a target APY. No matter how wide your appetite is, you can combine the right set of parameters to get you the yield you desire from your assets over a period of time.It’s a very interesting thing to look forward to. The best part of it is that it’s entirely automatic. No need for constant rebalancing and protocols associated with general DeFi platforms. In addition, SPOOL token is regularly emitted to boost the yield of individual spools. This simply means that besides the APY rewards you get from getting your deposits through the yield generators, you will get additional SPOOL tokens which will be released to individual Spools based on the directives of the SPOOL DAO. This puts the DAO in a very commanding position to decide who gets the biggest rewards in SPOOL.SPOOL, being a governance token is not required to participate and earn from the ecosystem. However, staking SPOOL secures a person’s access into the Spool DAO. Interestingly, staking SPOOL has no APY benefits but the reward is far more lucrative.Besides the substantial performance fees that they will receive, the token stakers get voSPOOL which is accrued based on the SPOOL staked by a user. Holders of voSPOOL have the governance with a voting power that can be applied in several ways including deciding fees structure, managing treasury emission to different spools, determining risk models and strategies proposals etc.It’s a fantastic design and there is something particular I noticed from Spool protocol’s structure. It’s quite obvious that the team assessed a lot of DeFi yield protocols and identified the gaps therein. To a major extent, what their product is offering to deliver solves a lot of the problem that we have seen with DeFi yield tools; especially with the case of poor risk models, poor UI/UX design and lack of automated solution for noobs and people with low knowledge and skill in the DeFi space.The official development of the remarkable project started in August 2020. Now the Alpha product which is its first official release should be out soon. If there is anything to be bullish on right now, it is SPOOL.

Submitted March 27, 2022 at 08:32PM

Why are we talking about fundamentals when shitcoins are sitting comfortably in top 20?

Seriously, why are we even talking about fundamentals when there are a lot of shitcoins that are sitting in top 20 without any fundamentals?I used to care a lot about fundamentals and utility when I was investing in coins but now I just don't see the point of caring about fundamentals. Some person creates a shit coin and pays influencers to shill his coin in order to create a fake hype and boom, that coin is in top 20 without any use case and utility. Excuse me but what the fuck?We almost lost our most important values, fundamentals, utility, a good dev team etc.In a market where shitcoins sit easily in top 20 without any utility/use case, no one cares about fundamentals anymore.

Submitted March 28, 2022 at 01:11AM

Vitalik Buterin admits 'fees are a huge problem' for Ethereum’s usability | Finbold

https://ift.tt/9pN2Bku

Submitted March 27, 2022 at 08:28PM

It's Official: EU Says No to Provisions Restricting Bitcoin

https://ift.tt/guCD67V

Submitted March 27, 2022 at 10:50PM

Vitalik Buterin admits 'fees are a huge problem' for Ethereum’s usability | Finbold

https://ift.tt/9pN2Bku

Submitted March 27, 2022 at 08:28PM

Check out the monthly NFT roundup show & OKX exchange AMA at 8&9pm EDT, and the we r/cc podcast on Monday at 5pm EDT / 10pm UTC.

Check out the monthly NFT roundup show tonight at 8pm EDT. We'll have guests from:AavegotchiExodus walletEbisus BayImmediately following the NFT show tonight we will have ChengCai Li from OKX exchange at ~9pm EDT.Tentatively Monday night at 5pm EDT / 10pm UTC the we r/cc podcast will return with their weekly show.

Submitted March 27, 2022 at 04:24AM

R/CC Exclusive Krypto Kitty Giveaway with total prizes worth upto $1500 in KTY

Hi r/cc,We're very excited to share this giveaway with you and thankful to the mods for the opportunity.What is Krypto Kitty?Krypto Kitty is a deflationary reflective meowmcoin, with a focus on balanced tokenomics, organic growth, charitable engagements, and free-market principles.We just love cats! We felt cats were not getting much love in crypto, and thus a meowmcoin was born. But we sought to distinguish KTY from other tokens of late, particularly in the last year, that engage in cynical shilling and unedifying marketing gimmicks to lure and exploit newcomers to crypto with pump and dump schemes. This is not what crypto should be about. It's neither ethical nor sustainable.Instead, we wanted to build something that was equitable, deliberate and sustainable in its approach. We think that there's room in this space for a project that, rather than exploiting newcomers, does a little to educate them and engage positively without any unscrupulous or deceptive practices.We believe pets inspired so-called meme coins have their place in the crypto world. Memes are a cultural phenomenon, a form of human expression which can be not only entertaining but also educational and thought-provoking. But every crypto needs sound fundamentals and sincere endeavour to create sustainable value.One of Krypto Kitty's core tenets is charitable engagements with pet rescue and shelter organizations. 10% of the total KTY supply has been set aside for charity.As some of you may remember, a couple of months ago before Krypto Kitty was launched, we had an exclusive airdrop right here for members of this subreddit. Many of the original founding group of Krypto Kitty were in fact members of r/cc Telegram group.Following this, we had a public sale round (there were no private sales). Investors in the public sale were limited to a maximum of only 0.5% of total supply. Although it deprived us of some early development funding, this is something we're very proud of and we're confident that this strict anti-whale policy will stand KTY in good stead in the long run.Planned functionalities of Krypto Kitty include NFT collections (coming very soon), Free-to-Play-to-Earn games, Kitty DAO and The Kittyverse.Website - https://ift.tt/qTPjolF to take part in the giveaway?To participate in the giveaway, all you need to do is comment with your Telegram username and BSC address (same as ETH address, beginning with 0x)The total prize pool is $1500 shared by 100 winners. Winners will be randomly selected by Reddit raffler.Comments with Telegram username and a BSC address will be eligible to win $15. Comments without Telegram username and only a BSC address will still be eligible to win $10.There are also plenty of other ways to earn KTY, including by contributing to Oxfurred UniverKitty, a community-driven crypto-education initiative translated in 12 different languages, and Meowm of the week competitions.Good luck to everyone. Stay furry pawsome!

Submitted March 26, 2022 at 11:07PM

At first, I thought Nano was too good to be true.

Nano is legitimately the ultimate cryptoCURRENCY. When I was researching what cryptocurrency to buy, I decided I wanted a crypto that had the best balance possible of the following attributes:1. Decentralization - Censorship resistance is the most important aspect of cryptocurrency2. Environmentally friendly - Consume minimal wasteful energy3. Scalable - More TPS = better4. Fairly distributed - This is important to prevent creators from dumping on the buyers5. Fast - Faster transactions are more convenient than slow transactions.6. Low transfer fees - Cheaper fees to send = better7. Low inflation - Inflation devalues existing coins and creates potential sell pressure. It also incentivizes spending which is bad for the environment.​Below is a description of Nano in regards to the above attributes:1.DecentralizationNano has hundreds of nodes. The below image shows the decentralization of the bitcoin mining pools.https://ift.tt/Z3i4LfS this image shows the Nakomoto coefficient of Nano.https://ift.tt/zuhQrC8 friendlyNano is as environmentally friendly as they come. Nano does not have mining. Below is a visualization of Nano’s power consumption compared to Bitcoins.https://ift.tt/lVNXorW does not have a hardwired limit on scalability (aka transactions per second). Instead, Nano’s transactions per second are limited by hardware and bandwidth.4.Fairly distributedNano’s distribution was not perfect, but it was very close. 95% of the Nano supply was given away for free for solving captchas. Approximately 5% was reserved for the development of Nano. It is estimated that about .2% of the Nano supply is still in the development fund. It is extremely important to have a fair distribution. Without a fair distribution, founders of cryptocurrencies could rug pull and sell the tokens they own, thus crashing the price. This image shows just how much better Nano’s distribution is than most cryptocurrencies:https://ift.tt/mPtRZc1 transactions reach finality in about .3 seconds! This is incredible. If you deposit Nano to an exchange, most exchanges will let you instantly trade and withdraw the funds. This is unlike a lot of cryptocurrencies which pretend to be instant, but exchanges know they can’t trust the funds until x confirmations, which takes anywhere from seconds, to minutes, to hours, depending on the currency.6.Low transfer feesNano is feeless! Here is a visualization that compares Nano’s fees to other coins.https://ift.tt/xTrBnlP inflationNano has no inflation. This is phenomenal. Unlike most PoW and PoS coins which constantly have new coins getting minted, no new Nano will ever be minted. This is phenomenal because at $40K per Bitcoin, $36 million dollars in Bitcoin is minted every single day. A lot of this Bitcoin has to be sold to pay for mining costs. This is constant sell pressure on Bitcoin’s price which Nano does not have!Below is an image that compares Nano’s inflation (and other features) to other coins.https://ift.tt/QYJ0oyg complaint I have heard about Nano is that it does not have smart contracts. This was an intentional design feature of Nano. By being simple, Nano is able to have faster transactions and less chance of exploitation (to this day, Nano has never had a double spend). I also personally believe decentralized finance is the number 1 use case of crypto (it is Bitcoin’s sole use case), and Nano does it better than any other cryptocurrency.Here is a video showcasing Nano:Nano in the Real World: Lightning Fast | No Fees | Global PaymentsDisclaimer:I did my best to post accurate information. If I made any errors, please let me know. This is not investment advice.

Submitted March 27, 2022 at 02:20AM

Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold.’

https://ift.tt/GkDXq3I

Submitted March 26, 2022 at 10:52PM

I visited r/cryptomoonshots today...

...it was the first time since.. I think it was the first time ever for me.And, oh boy, I saw the worst of my generation destroyed by madness, mentally starving while shilling the shit out of each other. These guys are FOMO-ing each other into heaven and hell. Projects with API of above 100k percentage per year... How the hell can anyone truly think this is not gonna be a huge rug pull?!Seeing threads upvoted with hundreds or even thousands of votes which are just blatantly scam. And nowhere is an "intelligent" person in sight. Not the slightest words or person who is speaking out against this blasphemy.If you are new to crypto, please instantly block this subreddit. You can thank me later..And if you are an experienced crypto-enthusiast, hopp over into this subreddit, grab some popcorn and an ice-cold beer and have the roller coaster ride of feelings of your life. You will wander between joy and madness, always exposed to the danger of becoming mentally damaged by the stupidity you will witness.Have a nice one!

Submitted March 26, 2022 at 10:05PM

MicroStrategy CEO: If You Feel Robbed By Inflation, Bitcoin Will Give You Your Money Back - Times Tabloid

https://ift.tt/yio5O9p

Submitted March 26, 2022 at 07:29PM

Comment a coin and we will give it a Constructive Criticism

So, today let's do something different, instead of the comment a coin and we roast it post, lets instead do something like you will comment a coin and instead of just roasting or hating on it we will list out all the flaws of the coin you mentioned and we shall also give our opinion on what could be done to fix the flaws.So, basically comment a coin and we shall give it constructive Criticism based on our own ideas and opinions(our opinions could be wrong though). I'm sure that giving a constructive criticism will help more people be aware of the coin they hold. Although if you love shitcoin no one will be able to help you.

Submitted March 26, 2022 at 01:10AM

I set out to write a piece on why KYC is good, and after researching, I realized it's fucking horrible.

What a turnaround. I started writing a piece about why we shouldn’t mind KYC unless we’re criminals, and through my journey, I realized I was totally wrong.First, there’s a data breach; once a hack happens on all KYC data, the amount of info they will get would be astounding. They could literally take your ID and sell them to identity thieves if they don’t use them themselves.The second is that all of that information you supply can be used against you without a warrant. Of course, if you are not a criminal, you think you have nothing to worry about. But there are more instances than not of people being wrongly implicated in crimes.Third, people have to go through a lot of fucking shit to provide the necessary assets for KYC, and some people don’t have the means to do that.This was definitely a lesson in DYOR for me. A total turnaround in viewpoint.

Submitted March 26, 2022 at 06:44AM

Daily Discussion - March 26, 2022 (GMT+0)

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

Submitted March 26, 2022 at 07:00AM

Janet Yellen Says Crypto Has Its Benefits and Wants Healthy Innovation

https://ift.tt/AQ0UN3T

Submitted March 26, 2022 at 02:46AM

Algorand has settled over 11,000,000 transactions in the last 7 days, averaging 1,600,000 per day. Zero down time in three years and transaction costs of 1/8th of a penny. 6,000,000 new Algorand addresses have been created since December. Huge things happening on Algorand.

The latest upgrades:Smart contract compatibility with contract to contract calls.  This allows complex dApps to be built that can efficiently and trustlessly interact with other smart contract based dApps to extend functionality and usability.  Additional details and background on this tech can be found here. Post-quantum secure Falcon Keys, Algorand’s first major milestone on its path towards trustless cross-chain interoperability.  These keys will, in the near future, be used to generate State Proofs, a new blockchain infrastructure that will allow Algorand to be trustlessly accessed in low-power environments like mobile phones, smart watches, and on other blockchains. For more background on State Proofs, please see an overview here. Developers are now able to build complex dapps for the Algorand ecosystem with smart contract-to-contract calling and network participants can take their first step towards trustless cross-chain interoperability with quantum-secure keys for the upcoming State Proof technology. These network upgrades come on the heels of a $20 million incentive program from the Algorand Foundation focused on developer tooling and EVM compatibility, putting Algorand at the forefront of blockchain interoperability and post-quantum security while providing features for even more advanced decentralized applications. These features add to Algorand’s already advanced tech, high performance and robust developer resources. Smart contracts on Algorand can be written in Python or Reach, making it accessible for developers of all skillsets. Algorand has experienced zero downtime since launch, helping it become the blockchain of choice for hundreds of organizations launching DeFi protocols, NFTs, payment solutions, regulated digital assets, and more. The network supports applications that can scale to billions of participants, all on a high-speed, carbon-negative, secure and stable blockchain. 

Submitted March 26, 2022 at 05:34AM

I got rid off all sh*tcoins and went into Bitcoin and Ethereum-only portfolio. My mental health has improved by 10x since!

I suggest you to do the same.I used to trade altcoins (a.k.a. sh*tcoins) a lot but after years of trading them I came to conclusion that they've brought me stress, sadness, anger but money. So I decided to get rid off all the sh*tcoins I hold and went all into Bitcoin and Ethereum. It's been only a couple of days and I feel great already.Now I don't have wake up with the fear of getting rugpulled every morning.They are not gonna go down -90% over a night.I can clearly say that my mental health has improved since I have Bitcoin and Ethereum only portfolio.10/10 would recommended.

Submitted March 26, 2022 at 05:01AM

SHIB loses almost 55,000 holders in 10 days as hype around the coin wanes

https://ift.tt/A1GYVLB

Submitted March 26, 2022 at 12:49AM

Is there actually any other bluechip coins than BTC and ETH? Everything else seems to have a certain possibility of just disappearing.

Bluechip coins are meant to be those cryptocurrencies that are DEFINITELY surviving anything the market has to deal with, no matter what no matter for how long. From the current market situation it seem like BTC and ETH may be the only ones that would overcome anything even if they fall 99%, due to a nuclear war or some alien invasion or some other worst case shit, they will recover as long as humanity does.I mean literally every other top 10 crypto has flaws (also BTC and ETH have those) and especially some uncertainty. Tether is obviously doomed, XRP is battling in court, SOL is going out every month, LUNA is too new to tell, ADA is more buzz than actual stuff, and the list goes like that for every crypto according to me.We have seen a couple of top 10 cryptos over the past few years loose out completely. So what do you think? Is there any coin that actually has capability to survive anything and always stay where it is today?

Submitted March 26, 2022 at 01:21AM

Indian government is literally doing: Your profit our profit, Your loss your loss

​Lok Sabha is analogous to Congress in the USAIndian gov is passing a new bill that will make people pay:i) 30 % tax on each profitii) No loss setoffIndian financial cycle is completes on 31st March. People are planning to sell on 31st and buy back on 1st to make their losses count in the previous FY and the current holdings can be shown as purchase.This is why DEXes are important, but the only problem is how to get your fiat into crypto for the first time. People mostly use Binance P2P but now Binance asks for KYC it is becoming increasingly hard to own crypto without the government knowing about it.

Submitted March 26, 2022 at 12:55AM

Daily Discussion - March 25, 2022 (GMT+0)

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

Submitted March 25, 2022 at 07:00AM

Why is no one talking about that #1 "DEX" that turned off its "smart contracts" for over 48 hours for unexpected "maintenance" and unilaterally migrated its user's funds to a new "smart contract." None of that should be possible on a decentralized app.

https://ift.tt/ywzT4fB

Submitted March 25, 2022 at 02:49AM

Cardano FUD no longer has any teeth

Cardano haters seem to be running out of ammunition. For context, the FUD has been extremely bad at times, and without justification.However with every planned and well executed technical upgrade of the Cardano project, a little more of the Cardano haters arsenal has evaporated.It seems the only thing they have, to try and steer new users away from Cardano is some attacks on Charles Hoskinson. While this could have some impact for the school-yard oriented mindset, any savvy person, who knows whats-what isn't going to pay it much attention. A decentralized block-chain project is not one person, and Cardano is mighty decentralized.So Im calling it, Cardano-haters have failed, the project goes from strength to strength, and the noise from the edges will continue to quieten.

Submitted March 25, 2022 at 12:39AM

New Moons Are Ready! (Round 24)

UPDATE (3-24): Apologies for the delay on this post. The distribution was finalized yesterday and Moons were airdropped to users as scheduled, but the final CSV was not published due to a bug introduced while implementing dynamic membership pricing. We have fixed the bug and the Moons membership price should now get updated dynamically every distribution round.***This distribution of Moons has been finalized, and Moons are being delivered to users with a registered Vault. Users who do not have a Vault yet will get their Moons when they create one through the Reddit app.This distribution is based on karma earned from 2022-02-16 to 2022-03-15. Here is the finalized list, with contribution scores signed by Reddit.Moons are r/CryptoCurrency's form of Community Points, a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community

Submitted March 25, 2022 at 05:03AM

Goldman Sachs is pushing crypto HARD on their homepage. This is HUGE!!

https://ift.tt/kzK67VU

Submitted March 25, 2022 at 03:02AM

I Made A Guide For My Family To Access My Crypto After I Die, So You Don't Have To

Hello,As my crypto holdings have grown, I am becoming increasing afraid of my family not having access to these assets should I have an untimely death. I search for a guide to give me family but could not find one, so I decided to make one. This is a very long post and the coins and wallets are specific to me, but hopefully it will give others a good starting point.If you have any feedback, please share it so we can make the guide better and better. I also posted the guide on my substack and made it accessible to everyone. I will be updating periodically with guides I receive from other people for their specific coins and holdings.I know that so many of us have dreams of giving our family a better financial future, and our investments in crypto will not come to fruition if our keys die with us. Please let me know what you think as I want to constantly improve this for others!Hello,At this point, I have been incapacitated to the point where I am unable to access my financial accounts. At the time of writing, I have typical account with [banks, investments, etc]. I believe these accounts you will be access with proper documentation.However, I also have funds in Cryptocurrencies. These are a little more difficult to access, especially because some of the funds are stored on the blockchain. This means there is no single entity holding the currencies and no department to call to get access to the account. This presents an obvious challenge to getting funds I hold, which I will hopefully be able to describe how to access below.The first thing you will need to know is that the coins/tokens are stored on the internet in a structure called the blockchain. There is a public address (or public key) that is visible to everyone. This is how the funds are verified as belonging to the address. Think of this like as view-only permissions on a google document.However, to move/send the funds and interact with the blockchain, one also needs to have the private key. The private key is like having the email and password associated with the account that created the google document, so you can edit it. A private key is generated from a set of words, called a seed phrase, and a key index. If this is confusing, do not worry. You will not need to understand all of it to access my tokens.With all that said, the way you will get access to my tokens is through my seed phrase. This is a set of words, either 12-, 15-, or 24- words long, which brings up my funds through a “wallet” on the blockchain.Not to try to add too much complexity, but one token can have multiple wallets to access the chain. However, for you, they will all work the same way.Roughly speaking, my money is in a wallet on the blockchain. To get access to the money, you need my seed phrase. The seed phrase is critical. NEVER give anyone the seed phrase to my accounts. These seed phrases are kept in a secure location. You will be able to find them when needed.Under each coin I hold in a wallet, I will let you know exactly how to import the seed. However, I first want to give you a general overview. You will start by going to the foundation or company’s website. See what wallet they recommend (unless I explicitly state a wallet I use for the coin). You will download that wallet application. When creating the wallet, you will select “Import from seed” or some similar phrase. Do not create a new wallet. You will enter the seed and see my wallet and funds. It will likely ask you to enter a spending password as well, or a PIN. Do one you won’t forget.Once you have access to the coins, you will need to transfer them to an exchange, then sell them on the exchange for dollars. You can then transfer the dollars to whatever bank account you choose.For the exchange, I recommend using primarily Coinbase. This exchange is the simplest to understand and most user-friendly from an interface perspective. I trust you will be able to create an account and connect the bank account. I have funds on different exchanges as well. The funds kept on exchanges will be easily accessible to you through my email and passwords. You will know how to access this when the time comes.Now, while on Coinbase, you will need to click the “manage profile” button. Under contact info, there will be a button that says “crypto addresses.” Clicking this will allow you to create a wallet on Coinbase to send the money to. You will need to create an address for every coin I have for the transfer. I will lay out each coin and the seed phrases for you to access, before describing how to do the transfer.There are 3 different types of wallets that I have-There is a custodial wallet. This means another entity holds access to the keys/seed phrases. This is a wallet on an exchange (like Coinbase). You will not need to do anything special here. There are no special seed phrases to enter. Simply my email, password, and 2FA will allow you to transfer. The exchange will also have support for you to contact if I am incapacitated to help you get the money. You can simply sell the through the exchange and transfer the funds to the bank. The exchanges I have an account on are Coinbase, Binance.US, Gemini, and Crypto.com.There is a non-custodial, hot wallet. This is a wallet online that you can access through the internet. To access the tokens, you will have to go to a website and launch the application. This often requires a download. There are many scams out there, so please be careful. The best way to access these wallets is to go to the official website of the foundation that launched the coin. For example, the Algorand Token was launched by the Algorand Foundation. One the foundation’s website, the recommend the Pera Wallet and MyAlgo Wallet. Download these through the hyperlinks. If you need any help, questions on the coins subreddit, and follow the recommendations of the people who answer publicly (do not respond to any direct messaging). For this type of wallet, you’ll need to download the application, and then import my seed phrase for the wallet. By entering the seed phrase, it will load the wallet that I created and stored value in. It will ask you to create a spending password. Pick whatever password you will remember as you will need to enter it to send the money out.There is a non-custodial, cold wallet. This is a wallet where access to the funds are kept offline, but can be restored online whenever the wallet is actively being used. The cold wallet I use is called a Ledger (made by a company called Ledger). For coins stored on my Ledger, you will need to download the Ledger Live App. My ledger seed phrase is written on a metal plate and stored in my safety deposit box. You will also be able to access my coins through the Ledger device. This looks like a USB stick. Through the Ledger Live App, you will have to send the coins to the exchange, while having the device nearby. When the device is asks, you will need to confirm the transaction (push both buttons).I understand this may be a little confusing. Read through a couple times, ask questions on Reddit, and watch YouTube videos. It is a lot to take in initially, but it becomes easy once you try to figure it out.At the time of writing, I own the following coins. Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Algorand (ALGO), Harmony (ONE), Nervos (CKB), Chainlink (LINK), and Stellar (XLM). I will now tell you how to access each of these.Bitcoin (BTC)This is stored through my cold-wallet Ledger. You will use my Ledger Nano X and Ledger Live app to send to Coinbase (or whatever exchange you pick). The transfer usually takes 10-30 minutes. Please do 2 separate transactions. The first is a “test” transaction where you will send $5-$10 worth of BTC to the exchange. Wait until it arrives before sending the remaining amount. You will be charged a fee twice, but knowing it will arrive is worth it instead of sending all the money and not seeing it go through.Ethereum (ETH)This is currently stored on custodial wallet, Coinbase. I locked it up to earn interest. I regret this decision currently. Once the funds become available after they unlock, I will move my ETH to the Ledger. Follow the steps for BTC to get it on an exchange.ETH swaps are anywhere from 5-30 minutes.Cardano (ADA)My Cardano is currently stored through a Cardano hot-wallet. The wallet I use is called Eternl. You can access my tokens by importing my seed phrase on wallets such as Nami and Yoroi. When you gain access to this account, the first thing you will need to do is claim my “staking” rewards and “undelegate” the ADA I am staking. Staking is basically the interest I earned from having the tokens, and unstaking/undelegating is withdrawing that money.You will also need to sell off additional tokens called “Cardano Native Assets.” These are tokens that run on the Cardano system and have a value in ADA, but are not available on exchanges to cash out. I will likely have tokens by the name of SUNDAE, DRIP, and FLICK. To sell these tokens, search for a site called SundaeSwap. You will need to connect the wallet, and on SundaeSwap you can exchange these assets for ADA. Now, with that being said, you will likely pay a fee for each swap. That is to be expected. Just make sure the amount of ADA you receive is greater than the fee you will pay.Once the native assets are swaps, send the ADA to the exchange. Again, please do a test transaction first. ADA transactions typically take 5-10 minutes to show up in the account.Algorand (ALGO)My Algorand is either kept in my Ledger cold wallet or in a MyAlgo hot wallet. This is because some of the Algorand I use I lock up to earn interest (think like a bank-bond) and the other I use to participate in an activity called Decentralized Finance (DeFi). The Algorand on the Ledger can be sent through the Ledger Live app exactly like Bitcoin.The Algorand I use in DeFi will be kept in a few places. The first is right in the wallet. This will be rare and there likely won’t be a lot of Algorand here. There will be in what is called Liquidity Pools on a website called Tinyman. To access Tinyman, you will first need to create a MyAlgo wallet and import my seed phrase. You will go to app.tinyman.org and connect to the wallet. Go to the tab that says “Pools” and with the LP Tokens. You will then swap the assets that are not ALGO for ALGO using the same Tinyman site. This is a similar process like you would have done for Cardano, it is just a different website but the same concept. There are other areas of DeFi I participated in, but nothing at the moment. If I start something new, I will update this sheet.ALGO swap are typically near-instant.Harmony (ONE)I keep my Harmony in a hot-wallet called MetaMask. You will need to download the MetaMask Wallet application and import my seed phrase. However, like with Cardano and Algorand, most of my ONE is used in DeFi. The website I use is called OpenSwap. You can find it at app.openswap.one. To access my ONE, you will first need to “unstake” my ONE. With ADA, when you unstake/undelegated, the ADA will be available immediately. On Harmony, you will need to wait ~7 days for the money to unlock.To unstake on openswap, click the “Farm” tab on the top of the page. You will see my stake and many pairings. There will be a line to that says “OpenSwap AutoCompound” and you can drop down details. Do that, select unstake, and unstake the tokens.To claim everything for the LPs, on the same page click the button that says “Only Show Staked Pools.” Select the details and unstake. Like with ADA and ALGO, swap everything that isn’t ONE for ONE, and send to an exchange.Please note that Coinbase does not have Harmony (ONE) available for trade. The exchange Binance.US is probably the best site for this. Another work around is to swap ONE for BTC and send the BTC to Coinbase. However, this may be riskier is you cannot figure out how to send. Definitely send a small test transaction first!Harmony swaps are typically near instant.Nervos (CKB)This is currently stored through the custodial wallet on Crypto.com. I am hoping to move the CKB to my Ledger soon. However, CKB is not traded on many exchanges, so a Crypto.com account might be the best way to get the money back.I’ve yet to move CKB, and online I saw it could be anywhere from 5 minutes to hours.Chainlink (LINK)My Chainlink is stored on Coinbase. However, I plan to move my LINK to a DeFi site soon. I will update this once the move is made.LINK transaction time is ~5-10 minutes typically.Stellar (XLM)My Stellar is on Coinbase. I likely will not have much Stellar. I have a pre-loaded Coinbase Debit Card. Basically, I frontload USD, and I get 4% XLM rewards back. I frequently swap the XLM I earn for another cryptocurrency I own.This will never be kept in a non-custodial wallet, but transaction times are near-instant.Hopefully that covers the entire process to get the funds I’ve been into crypto. If you have questions, again, please go reddit and ask for help either in r/cryptocurrency or coin specific subreddits. NEVER share seed phrase and only follow advice people give publicly, not personal messages.

Submitted March 25, 2022 at 01:27AM

Russia is looking to accept payments for energy sources to friendly nations in Bitcoin. Here we go!

https://ift.tt/YOc8GLi

Submitted March 24, 2022 at 10:36PM

Fed Chair Powell: Novel technology like distributed ledger and decentralized finance have the potential to improve efficiency of the payment system and encourage a more competitive financial landscape

https://ift.tt/ES9VQ8r

Submitted March 24, 2022 at 03:49AM

The lack of patience some have for a project's growth is astounding.

Why is that? Is it because people expect the value to just 100X within the first month of holding it during the relative infancy of a project? Projects can take years and years to develop and grow.In August of 2015, ETH was a little over $.70, and it took two years to get to $270. I'm sure you're thinking, "Oh, that's not long, I would have held. ", but in the same breath, declare an alt dead after a few months. I'm not saying every alt is destined for ETH's success, but I don't think we can predict their future success in such a short time.I think some of these projects we all talk about, the good ones, can get up there, but I'm ready to wait years to see it happen. More often than not, great success can be made on the back of failure. Projects will have growing pains; that's just the nature of business. Nothing goes straight up and stays up.If the guy who sold his BTC for pizzas taught us anything, it's to have patience with our crypto and our projects. The ones who have restraint are the ones most handsomely rewarded.

Submitted March 24, 2022 at 03:16AM

Massive Ethereum outflow continues as $450 million leaves exchanges in a day

https://ift.tt/5MFeGvP

Submitted March 23, 2022 at 10:21PM

My Mom is one of us

Here is the phone call I got from my Mom today:Mom: Hey, have you heard of Crypto.com?Me: Yeah I haveMom: I just bought someMe: What did you buy on there?Mom: I bought Crypto.comMe: Like their crypto currency CRO?Mom: No I bought their stock. I bought it for $0.37 and now it’s at $0.43. You should buy some.Me: I didn’t know they had a stock. Is it in the US?Mom: No I bought it on my CoinbaseMe: Coinbase doesn’t sell stocksMom: Oh really? I guess I don’t know what I bought.Please don’t rugpull my Mom, she doesn’t know what she’s doing

Submitted March 24, 2022 at 02:26AM

Young Ukrainian escapes war with USB stick holding 40% of his life savings in crypto

https://ift.tt/yTUuspB

Submitted March 24, 2022 at 01:04AM

ETC and LRC biggest gainers as market looks stable over 2 trillion

LRC, one of the most promising ETH layer 2 solutions gained over 74% over last seven days amid an unusually stable market. Meanwhile ETC, older version of beloved cryptocurrency Ethereum , is up almost 82%!! Other big gainers among top 100 coins are MINA(44%), DASH(41%), XRD(40%) , KSM(32%) and surprise! surprise! ADA with nearly 30%!! (who is stablecoin now?!!)Market is uncharacteristically calm in the middle of several global crisis , including a tragic war in Ukraine, surging inflation in many parts of the world and a pandemic which is still doesn't seem to be over. While I was writing this, total market cap was just over 2 trillion dollars which considering everything that is going on is very promising indeed.BTW the biggest loser of the last severn days is OMI with -19% Did crypto gods sending us a signal that omicron is going to be over soon? One can only hope!

Submitted March 23, 2022 at 09:49PM

Owning a house and vacationing every summer is a pipedream for most people today. A generation ago, it was the norm. Crypto can level the playing field again.

Isn't it absurd? If you told anyone in your friend group you're about to buy a house, they'd think you won the lottery or got a super high-paying job. Back in the time of our parents, being able to afford a house and a car and summer vacationing with the kids was pretty normal. Not everyone could, of course, but it wasn't impossible for the common person.Now, it's a pipedream at best. And newer generations are getting more and more demoralized by the fact most salaries are barely enough to rent an apartment and nothing else, even working 8 hours a day. Labor is being exploited. The "economy" grows, yet we don't benefit from those riches, we just work to make other people billionaires.And it sucks. It makes me really fucking angry, and I'm one of the lucky ones. The idea of an "advanced economy" should mean that people earn more and have to spend less time working to enjoy their life more. Instead, it's the total opposite.Now I won't say crypto will make everything better instantly. I doubt it'll make most things better before 2030. But it's an option. It's something that can help those in need a little bit, and once it grows it'll be able to do even more.That's why I'm grateful. Thanks to crypto, maybe some day I'll be able to own my own house. And that's something I couldn't have dreamed about before.

Submitted March 23, 2022 at 05:09AM

After getting sued for promoting ETH Max, Floyd Mayweather is once again is promoting another NFTs Project.

On his last scam NFTs project which is currently worth nothing he made almost $5 Million on it. Now he has deleted all the previous scams tweets.He recently launched another NFTs project looks like the millions he's making from fights aren't enough, I don't know why this multi millionaires want to scam their own fan following by promoting these.https://twitter.com/FloydMayweather/status/1506035079784456192This is last NFTs project almost 9.9k NFTs each worth at least 0.01 ETH.​Currently worth nothingAll of his recent promotion tweets are deleted now but here's the screenshots.​Deleted Tweet​​Deleted TweetAs everyone know he also promoted ETH Max token along with Kim Kardashian which is currently down 98% from ATH. Please stay away from these celebrities they aren't your friends.Source: https://twitter.com/zachxbt/status/1506044782426079233

Submitted March 23, 2022 at 04:21AM

Daily Discussion - March 23, 2022 (GMT+0)

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

Submitted March 23, 2022 at 07:00AM

It’s actually not FUD unless it comes from the FUD region of France, else it’s just sparkling shame

The price may be fluctuating in USD but if you look at it in EURO amount then it’s actually quick stable.The sell-off that happened earlier in the week happened across some of the biggest American crypto exchanges but not across South American crypto exchanges and even LESS across Pangaean exchanges!Small crypto investors say top exchanges facing problems on high transaction days is becoming a recurring problem for the international space station, now that Russia is no longer a country.You know what they always say on days like this - Valar Morghulis!

Submitted March 23, 2022 at 02:22AM

Coinbase add a subscription service. 0 trading fees + $1 million account protection, and 24/7 phone support

Just logged into my app to check the charts like I do every 5 minutes and this just came up.Currently it is in beta and not offered to all users. It is a subscription service that costs $29.99/month and will waive all trading fees on the app(still could be effected by spread) and it will protect your account against unauthorized access up to $1,000,000 worth. It also says 24/7 customer phone support too.I don't see myself using this since I hardly buy on the app and use cb pro for my crypto buys. Even with the 0.5% fee and spread fee I would need to be buying at least $6000 in non stablecoin crypto to make it worth the monthly subscription fee.The added protection is a good selling point though that makes me consider it since I mainly keep about $2000 in USDC on there to pay my bills with their coinbase card for the 4% cashback. Knowing that my card/funds are safe from unauthorized hacks is nice. I'm not one to be hacked though and haven't had any issues with my CB account in the 4-5 years I have had it and the 9~ months I have had the card

Submitted March 23, 2022 at 01:19AM

Since we are able to post giphys: Post your entire crypto life in a gif!

This has been a journey and we all know it. Some are old, some are new. Welcome all of you.​Seeing the recent post about the anonymity of satoshi and realizing how it all went I don't think any one of us knew how it would actually go and how exciting this 'thing' can be.​The fact of us being in this moment and actually learning and using crypto is a massive luxury compared to other people in this world. And I think we should also be aware of this; and perhaps, maybe give back to humanity too.​This is of course logical for some, but It's important to remember and not turn out to become a overwhelmed cavemen because it all got too far. We've got to enjoy life, give love and appreciate too!​So, to celebrate decentralised currency and to share some insight of our movement, I ask you to share a gif (giphy) that represents your entire crypto journey.​​Here is mine:https://i.redd.it/2a9au1wjmyo81.gif​edit: Anyone can add a GIF to their comment when replying to another comment with a GIF.

Submitted March 22, 2022 at 06:42PM

Honduras Will Adopt Bitcoin As Legal Tender In The Coming Days.

https://ift.tt/tkYmBWF

Submitted March 22, 2022 at 07:17PM

World’s Largest Hedge Fund Started Investing in Crypto

https://ift.tt/d9a1NXH

Submitted March 22, 2022 at 10:01AM

Prince Philip of Serbia: Bitcoin Is Freedom — 'We Need to Take the Money Away From the State'

https://ift.tt/lH6v2ue

Submitted March 22, 2022 at 08:20AM

Why is this sub activity so low now? Is this a good thing?

I have just noticed that activity of this sub has declined dramatically since everybody was screaming 100K BTC EOY and to the moon. Does this mean that all the people that started investing in Crypto for a quick buck have left. Meanwhile likely buying in at the top and selling the bottom? Now that all of those that didn’t really have any interest in Crypto are likely gone or have lost interest is now the time to be accumulating? Should I get a second job to DCA more aggressively for the next bull run. Are these prices we are seeing now the bottom?

Submitted March 22, 2022 at 08:40AM

Daily Discussion - March 22, 2022 (GMT+0)

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

Submitted March 22, 2022 at 07:00AM

NFTs might be great technology but they’re still overhyped.

“Art” NFTs are definitely overhyped and they are also a bubble about to burst.Other use-cases like Music NFTs, Ticketing NFTs are good ideas but are they more efficient?What are Music NFTs going to really be?Tickets as NFTs might be great because they allow you to:1) Resell it if you can’t attend.2) Have a nice memorabilia.You can still have the physical ticket for memorabilia and can resell the tickets.I agree that moving tickets to NFTs would be more efficient but just barely, it’s not worth the hype.I personally think there should be more hype to DeFI, being able to get way better interests than centralized banks.There so much more to crypto and blockchain technology than just a currency and NFTs.

Submitted March 22, 2022 at 01:57AM

Social media only took off about 15 years ago. While it has been revolutionary, there have been unintended consequences (disinformation, polarization, teenage mental health, etc). We all believe Cryptocurrency will also be revolutionary but what unintended consequences do you foresee for Crypto?

Title says it all. Smart phones and social media have without a doubt changed the world rapidly and has forever changed our lives. However there have been growing pains and some unintended consequences of this technology adoption. Do you foresee any unintended consequences as a result of mass adoption of Crypto/Blockchain technology? Obviously there will be major economic changes ranging from job displacement and inflows/outflows of capital to and from this new technology. But I am really focused on the potential societal effects that it may cause.What are your thoughts?EDIT: I was really looking for outside of the box thinking. Not the typical scams, losing money, shills, and pump and dumps we all know about.

Submitted March 22, 2022 at 01:48AM

Colorado's governor wants state to be a haven for crypto — "It won't be too long before renewing your driver's license, hunting passes, fishing passes, you'll be able to do it in crypto"

https://ift.tt/x4wTcpU

Submitted March 20, 2022 at 10:44PM

I think that many people live in the delusion that they will live on passive income, and the truth is that only a few will succeed in that.

I'm sorry, but that's my current opinion.We all dream that we don't have to go to work, but that we have enough money for a quality life and the costs of life when you have a family.If you don't already have a lot of money, if you are not already rich, then how can you live on passive income?It takes a lot of luck, effort and work to reach a level where a person can say that he no longer has to work and that he can live freely from passive income.The real question is how to get that passive income.What exactly is passive income?Mining is one of the ways of passive income, but even here you have to buy quality equipment, take care of it, be there if needed, if there is a power outage or something like that.If you get crazy rich by trading cryptocurrencies, then you can stake that crypto, but only if you succeed in that, and that is not easy.

Submitted March 21, 2022 at 02:23AM

What are your REALISTIC expectations in 10 years?

I plan on taking profits and cashing out a large portion of my portfolio within 10 years. Before everyone here crucifies me, I’ll list two main reasons:I want security. I’m sacrificing material things now (booze, takeout, material items that I don’t really need) so that in 10 years I can hopefully use the money I saved to either put a down payment on a house or buy one straight upI want more time with my family. Depending on how well my portfolio does, crypto will hopefully allow me to have some disposable income left over from my number one purchase. I want to be a parent who is present and in the moment with my kids. Hopefully crypto will allow me to have enough disposable income to create some memories through family vacations or getawaysI figure that we will experience at least one more bear cycle (plus whatever we’re in right now) over the next 10 years and I think that’s a realistic timeframe for me to DCA and accumulate enough to get me to the above goals. At that point, I’ll cash out a portion of my profits and start another 10 year cycle with different goals.I’m curious what other people realistically hope to achieve with their gains in the next 10 years?

Submitted March 20, 2022 at 11:45PM

'The Goal Of Crypto Is Not To Play Games With Million Dollar Pictures Of Monkeys': Ethereum Founder Takes Shot At Bored Ape Yacht Club

https://ift.tt/eMu5bfr

Submitted March 21, 2022 at 01:17AM

The most exciting times are when you are deep into a bear market. Because you know that the bullish reversal could happen just any day now...

As we are know in a bearish sentiment for about five months of deep and slow bleeding, with each day passing its just getting more and more exciting as you know that the bullish reversal could be just around the corner if no black swan like Covid happens now.The longer a bear market takes the more confident evolves that it's just about to end. Obviously no one can really predict when that is but it's certain that after down must come up. Also we have been trading sideways for nearly two months now so it's definite that a major move is pending.All the previous bull/bear reversal happened when people expected it the least, that's always been like that and as many people currently are just too suspicious about any pump happening calling it to dump just afterwards. I'm sure that Crypto will once again suprise a lot of people. Let's just stick together. 🤝

Submitted March 20, 2022 at 10:27PM

Stopped smoking to DCA invest in crypto, I also bought most of my bag at ATHs, still I feel like a real winner

Almost a year ago I've started to invest in crypto. I don't have much money left to invest, so I've stopped smoking to be able to invest in it. This money I spend on cigarettes were the only amount of money I could afford to lose. Whether it "goes up smoke" or my crypto going down, it was (almost) practically the same.I am one of you in the Club of "Buying high", but I am not mad about it.And there are 2 reasons why I am still happy about my decision to keep DCAing regularly:1) Since I've stopped to smoke, my health much better. I can finally breathe much better, food tastes much better and enjoying everything.2) I really really believe in cryptocurrency. They are the future, maybe they won't make fiat obsolete, but there's no denying the fact that crypto has now an important place in the world.My portfolio might be slightly down/red, but I now that the bullrun will continue and that we all will make good profit. It's not about Lambo, it is about being part of a decentralized financial and ecological system which crypto is (there are exceptions ofc) and with crypto I can really feel being financial free in terms of availbility/ governance/ no or less third party dependency.TLDR:stopped smoking, health gains, portfolio gains in (near) future.

Submitted March 21, 2022 at 12:40AM

Loopring (LRC) Receives a Very Bullish Rating Friday: Is it Time to Get on Board?

https://ift.tt/Y1gnw5V

Submitted March 20, 2022 at 12:52AM

Join us for our weekly recording of the We r/CryptoCurrency Podcast and FriesDAO AMA on Sunday 20th March (Podcast @ 10PM UTC / FriesDAO AMA @ 9PM UTC)

We r/CryptoCurrency Podcast will be taking place at: 10 PM UTC | 6pm EST | 3pm PST.Will be held on both our Discord as well as Reddit via Reddit Talks. Stay tuned after the show for a Q&A session with our Podcast hosts: Mr. Papi, Tom Crown, MrMister and Oz. (We'll be talking questions from both platforms)*Past Episodes Available for Download on your favorite Podcast platforms: https://werccpodcast.buzzsprout.com/​FriesDAO (https://fries.fund/) Team AMA with u/unphuckable (Mr.X#1997) will be taking place at 9 PM UTC | 5pm EST | 2pm PST.Will also be held on both Discord as well as Reddit via Reddit Talks roughly one hour before the Podcast Starts.FriesDAO's main objective is to pool funds together to bridge crypto with real word enterprise of building a network of franchise stores of well known brands (through acquisitions and financing). Their main goal is to govern aspects of the stores, as well as perks for NFT holders like free food. They also aim to create network value by having owner-operators be part of the FRIES community as vested token holders.*​---------------------------------------------------------------------------------------------------------------------------------------------We're also looking for projects or platforms with recognition to join us for voice chat AMAs with our AMA host Mr.X. Feel free to contact him via Discord (Mr.X#1997) or via the 'Message the Mods' box via Reddit.Feel free to leave any questions or comments below regarding the Podcast or the AMA, and we'll try to get them answered.*Note: we are not financial professionals but we are experienced traders, analysts, investors that love to talk crypto. We may have called the CatCoin rally of 2022 but we aren't always right. This isn't financial advice.

Submitted March 20, 2022 at 05:22AM

crypto marketcap just hit 2 trillion again. hope it lasts this time.

Gotta give it to BTC and children, they showed resilience through these hard times. I don't have much, but hope. Hope that upcoming federal regulations don't mess up the market again. Remember that this is a market hit by Ukraine war, increase in federal interest rate and rumors of various dystopian regulations.People BTC is here to stay. Don't panic. Don't give up. And when things look bleak, and they will, remember last five or six months and tell newbies about it. Market might dive again but no matter what happens, I believe this is a market as though as a bear and as crazy as a bull.If you have the knowledge to buy the right coin and the patience not to panic, you will be rewarded. No matter bull or bear market (and I don't know which one we are in). Because with a little luck, a solid project will always rise again.Good luck and have fun.

Submitted March 20, 2022 at 12:03AM

Friendly Reminder: Investing In Memecoins Is A Bad Idea.

You can also read this on Medium, with better formatting.Ape coin is trending all over the place, so now would be a good time to look at the past performance of popular memecoins and see why it's a bad idea to ape into Apecoin.Technical Analysis"But that dogecoin guy became a millionaire by investing his life savings in cute doggo token". Well here's a chart for Dogecoin.DOGE/BTC Chart | Binance | Heikin AshiNo surprises here. Dogecoin has been bleeding against Bitcoin for almost a year now. That means, investors who bought doge, took an incredibly higher risk(than btc investors) and got worse returns. I can't think of any financial asset with worse risk-adjusted-returns. In short, if you're investing in altcoins, you would want your alt to perform as well as BTC or better since they are inherently riskier.Here's a similar story for Shiba Inu:SHIB/BTC Chart | Binance | Heikin AshiAs seen in the previous chart, we can see an initial few days of hype, and then a continuous bleed against BTC.Fundamental Analysis-TimingNow is probably the worst time to invest in highly speculative assets. The terrible Russia-Ukraine war is happening, and the global economy and supply chains are heavily affected due to that. Taking an excessive amount of financial risk at this moment is the last thing you'd want to do.Lastly, if you're playing the short term game, you have already lost. Like all financial markets, crypto will transfer wealth from the impatient to the patient investor.TLDR: Don't buy ApeCoin or any meme-coins. You're likely going to regret it.

Submitted March 20, 2022 at 12:54AM

Crypto wont delete fiat from existence just like fiat didnt delete gold and silver.

To this day gold and silver are traded in the market at huge volumes and some countries still back up their fiat currency with gold.Although, precious metals slowly started losing a lot of their uses in the mainstream market. And in the event that crypto goes mainstream and most people start using it, I expect the same to happen to fiat.Its dumb to assume that fiat will completely fade away into obscurity, but it will for sure be losing a lot of dominance in favor of crypto.And this reality might not be too far away from happening. We’re already seeing things like crypto credit cards from platforms like Binance, Coinbase and CoinOvy gaining a lot of popularity in the mainstream market. These crypto-to-fiat bridges will give crypto a lot of exposure and help make the transition to full in crypto payments much easier and smoother.

Submitted March 19, 2022 at 03:19PM

Future president of South Korea has promised a major crypto push.

https://ift.tt/co74CKG

Submitted March 19, 2022 at 04:39PM

Ethereum creator Vitalik Buterin slams Bored Ape NFT empire: ‘You have these $3 million monkeys and it becomes a different kind of gambling’

https://ift.tt/HcOLsEb

Submitted March 19, 2022 at 02:52PM

Ethereum creator slams NFT empire: ‘You have these $3 million monkeys and it becomes a different kind of gambling’

https://ift.tt/YKRIv9H

Submitted March 19, 2022 at 07:48AM

Daily Discussion - March 19, 2022 (GMT+0)

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

Submitted March 19, 2022 at 07:00AM

I don't know what the hell ApeCoin is, but it's already in the top 35. Gotta give the marketers credit for this one.

Just scanning through the top 100 or so cryptos and there's ApeCoin at #34 (CoinGecko has it at #65.)Another meme coin, says I. It'll boom and bust, right?Then I look at the trading pairs and exchanges and what-the-what? It's already on the U.S. majors (FTX, Coinbase, Kraken, Gemini) plus the DEX's. It's got over 50 trading pairs. Takes a lot of money to get listed and provide that kind of liquidity right out of the gate.So, dig a little deeper and find out it's connected to the BoredApe franchise. Sure, why not have your own crypto, to pay for things in your own ecosystem, run by your own DAO. If that's real utility then color me skeptical.I have no idea if this thing will make it, but one thing's for sure. Whoever marketed this just gave future crypto entrepreneurs a masterclass.Of course, being associated with a multi-billion dollar NFT craze kind of sets you up for success before you even launch.​

Submitted March 19, 2022 at 05:05AM

Just 2years ago, the price of BTC was at $4900 and ETH $110

People panic about the price drop of Bitcoin from $68k to around $42k but let's look at the prices just two years ago:Bitcoin was worth $4900$110 for Ethereum.$0.024 for Cardano (ADA)Despite the fact that we're probably in a bear market that's still a :8.5x for Bitcoin27x for Ethereum35.5x for ADA at current prices.Almost any coin in the top 10 made huge gainsIn case you are scared it's always worth zooming out and look at the whole picture.These little bumps on the road will become almost invisible.

Submitted March 19, 2022 at 02:58AM

Shiba Inu loses over 30,000 holders in a single day as interest in SHIB wanes

https://ift.tt/2ajh4Jr

Submitted March 19, 2022 at 01:49AM

Is any coin even close to being an ETH killer?

I’ll put my cards on the table. I do not think ETH can be killed. Not with the upgrades the POS. I think ETH is going to be the number 2 token for a very long time to come.If the development had stagnated, sure. But I don’t see AVAX or ALGO knocking it off any time soon. That said, I have no idea what developments are around the corner. But ETH is honesty just too big to fail now I think.If you believe otherwise, I would really like to hear your argument and which coin you think has a good chance of overtaking it.That’s not sarcasm btw or an open invite to shill. I think it’s a really fascinating argument and what to hear what you’ve got to say :)

Submitted March 18, 2022 at 05:32AM

If you got 250 ETH lying around you can own a Russian Tank. (Pickup only)

https://ift.tt/rqQijPf

Submitted March 18, 2022 at 07:38AM

Daily Discussion - March 18, 2022 (GMT+0)

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

Submitted March 18, 2022 at 07:00AM

Buyer of "Pepe the Frog" NFT files US$500,000 lawsuit after creator releases identical NFTs for free

https://ift.tt/cozvVsU

Submitted March 18, 2022 at 05:48AM

Elizabeth Warren is unhinged in her anti-crypto agenda. Her new dangerous bill seeks to cut off regular Russians who have nothing to do with Putin's war from crypto, and also puts liability on developers. She is a threat to the whole space.

The latest bill Warren has proposed is a dangerous one that seeks to cut regular Russians from crypto. According to the bill, exchanges, intermediaries etc should stop dealing with addresses originating from Russians.She is seeking to cut off every Russian from crypto even though they have nothing to do with Putin's war. What is worse is that even decentralised protocol devs could be held liable if somehow a Russian ends up using their protocol or tool. How does this make any sense? Protocol developers have no way of limiting who uses their software.FBI, White House, Treasury department have all said that crypto is not being used to evade sanctions in any serious sums worth paying attention to.https://ift.tt/iB0OFEj would place sweeping restrictions on persons who build, operate, and use cryptocurrency networks even if they have no knowledge or intent to help evade sanctions though the Administration’s own experts have repeatedly said cryptocurrency evasion is not seriousSenator Warren and a raft of Democratic co-sponsors today introduced a bill titled the Digital Asset Sanctions Compliance Enhancement Act, which would place sweeping restrictions on the cryptocurrency ecosystem under the guise of bolstering sanctions against Russia for its unjustified invasion of Ukraine. She has done this despite the fact that there is no data suggesting that cryptocurrency has been used–or can meaningfully be used–by sanctioned parties to evade sanctions, and despite the fact that frontline officials from the White House, Treasury, and the Department of Justice have all stated that cryptocurrency is a poor tool for sanctions evasion and one that they have well under control.For example, FBI Director Christopher Wray said last Thursday at a Senate Intelligence Committee hearing:The Russians’ ability to circumvent the sanctions with cryptocurrency is probably highly overestimated on the part of maybe them and others. We are, as a community and with our partners overseas, far more effective on that than I think sometimes they appreciate.White House has also said "cryptocurrency is an ineffective primary tool for the state"It is well reported that the Russian state is planning or already using Chinese Yuan, Indian government's aide to evade sanctions, not crypto.Why is she so unhinged against crypto? Someone must be funding her so much that she spends her entire time talking shit about crypto and brining about senseless regulations.She does not even understand crypto, yet comes up with senseless regulations that cannot be complied in good faith.

Submitted March 18, 2022 at 02:53AM

Someone swapped $279K in ETH for APE and lost 90% within an hour. Currently worth $15K.

https://ift.tt/ijhQrJk

Submitted March 18, 2022 at 05:11AM

This APE fiasco is just about getting the founders rich.

This is such a blatant money grab; it's baffling that people are buying into it. So many examples of this have been done before, including but not limited to Safemoon, etc. APE is a group of opportunists and marketing experts taking advantage of the hype to make rich people richer.Owners of Bored Ape NFTs were given the coin first(very rich people), then it was sold to the normies who got FOMO and pumped the price, then it crashed. Yet again, leaving regular people holding bags of pure garbage while the coin pushers wave bye-bye from their lambos.I hope no one falls into this trap and makes noise about how obvious this all is. Rant over.

Submitted March 18, 2022 at 12:26AM

Congress Letter Accuses SEC of US Law Violation and Overburdening the Crypto Industry - The Tokenist

https://ift.tt/3pcjX7e

Submitted March 17, 2022 at 10:25PM

Daily Discussion - March 17, 2022 (GMT+0)

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

Submitted March 17, 2022 at 07:00AM

Ukraine's Zelensky Signs Virtual Assets Bill Into Law, Legalizing Crypto

https://ift.tt/ZEs4G9t

Submitted March 16, 2022 at 11:20PM

No, El Salvador’s dictator Bukele probably doesn't have a 85% approval rating, and if he does it's not because of Bitcoin (as his approval rating is down 11 percentage points since its introduction)

I am referring to this post that shares an article saying "El Salvador’s President Bukele Has An 85% Approval Rating In A New Gallup Poll, Thanks To His Bitcoin Experiment".And wow, as always with crypto media, that's very, very bad "journalism". Firstly, it's not a "Gallup Poll", it's by a company called "CID Gallup". Seemingly not related to the 'real' Gallup, and what screams 'credible' more than a company that steals a name in order to seem more credible?Secondly, who says this is "Thanks To His Bitcoin Experiment"? They only asked for approval, not for the reasons. In November 2020 as well as in March 2021 the same company reported 96% approval for him - and what screams "totally legit, not Kim Jong-un style survey" more than 96% approval? Anyways, if we trust this trash company, he's down 11 percentage points since then - and if we are going by the same logic as that post/ article, it's 'due to his BTC experiment', because the other ones were before it.Don't believe every awful article shared here just becasuse it's pro crypto.tl;dr: we probably shouldn't believe that company that pretends to be Gallup and gave Bukele a 85% approval rating but if we do, he's down a lot in the ratings since he introduced BTC as legal tender

Submitted March 16, 2022 at 09:12PM

Nervos Network (CKB) full market analysis (D.Y.O.R) ... Enjoy!

As the CryptoCurrency subreddit requested a week ago, here you have the full analysis (D.Y.O.R) we did for the Nervos Network with our findings. Due to the length (24 pages) and complexity of the report, you can see here only the summary with the conclusions.https://ift.tt/a1juENI full report is available at https://ift.tt/bCjsNqO you are interested in seeing more reports, you can find us at r/runusYour feedback is appreciated! This is our second analysis and we have a lot of stuff to learn so we can create better reports. We do not favor any project and we let the community vote on what project shall be analyzed next.Disclaimer!: HODL meter has little correlation with the confidence meters. The confidence meters as you will see in the report are analyzing the project from a non-investment perspective to check if we shall trust the project and its "story". The HODL meter takes into consideration the current global monetary policy, the current market trend in different markets, macroeconomic situation worldwide, and consumer perception.Enjoy!

Submitted March 16, 2022 at 01:36AM

Elizabeth Warren’s anti-crypto crusade splits the left - Representative Ritchie Torres: "The project of radically decentralizing the internet and finance strikes me as a profoundly progressive cause. There’s more to crypto than ransomware, just like there’s more to money than money laundering."

https://ift.tt/2PjhpsR

Submitted March 16, 2022 at 12:19PM

Loser stories....

Its always the same story... 16 yo put $5 in some crypto and walks away with 16m in just 3hours.I mean...that most of us are here seeking this success, right?Besides the guy that bought a pizza for a lot of BTC, in general i hear succes storiesYes, Im also one of those guys,in for succes, small nuance however:Im almost 40, trading crypto for 5 years and i suck at it...im down in my investment, I alway miss the boat and buy high sell low...yes a crypto trader loser.How about you? Im interested in your succes/loss stories

Submitted March 16, 2022 at 07:05AM

Malware that steals your crypto. Reminder to stay aware

Due to malware on their computer, one unlucky Bitcoin user was fooled out of 0.255 BTC, roughly $10,000. On Twitter,crypto enthusiast and tech blogger Louis Nel raised the problem, referring to his buddy as 'C.' A friend transferred 0.255BTC to an exchange from his bitcoin wallet. On his PC, he copy pasted the wallet address to avoid any error. When the coins did not arrive at the exchange after 4 hours, he became concerned...The Bitcoins were transmitted from Kraken to VALR, a South African exchange," but the malware on his computer captured replaced the wallet address when he pasted it without realizing it.The wallet address does not belong to the Kraken exchange who also noted that there are 9 transactions into that wallet, indicating others have been tricked as well. The money at the bitcoin address in question have not changed and currently have a value of 0.27 BTC.This should be a reminder to us investors to take our online security very seriously, and invest in trusted projects that have been out there for a while and offer real life purpose, like SocialGood for cryptoback on online purchases, ethereum since it offers the best blockchain for smart contracts, Aave to lend your stablecoins and any other project you find worth your investment.

Submitted March 16, 2022 at 03:17AM

Daily Discussion - March 16, 2022 (GMT+0)

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

Submitted March 16, 2022 at 07:00AM