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Submitted February 24, 2021 at 12:11AM
I wish Elon Musk would stop tweeting about crypto currency
I feel as if his negative remarks about how high crypto prices are played a part in the market being down. Him doing that sent the pump and dumpers to cash in while he waits for it to level off so he can buy crypto a much lower rate.
Submitted February 23, 2021 at 11:46PM
Submitted February 23, 2021 at 11:46PM
For some perspective, let's take a look at some of the comments in the daily thread from March 2020 when Bitcoin crashed from $8k to $4.8k in a single day. They're golden!
It's understandable that some people will be panicking about the price action of the last couple of days, either because you're new and haven't experienced a crash before, or because you've been around long enough to remember the last time we went from a euphoric bullrun to a multi-year bear market and are concerned that it's happening again right now. For the record: I'm not a fan of crashes either!I don't know what's going to happen next. My opinion is that this crash was well overdue and we'll recover and make new highs over the next few months. I could well be wrong, wouldn't be the first time!A few months back when Bitcoin hit $17k (we were so jubilant- $17k!!!!) I shared these threads and comments as a reminder to take comments in here with a pinch of salt, and I thought that with the current sentiment being what it is, some people might find that taking a look through the daily threads from March 12 and March 13th last year helpful to put things into perspective a bit, and to try not to take all the doom and gloom too seriously (this applies to bullish comments too, because the truth is nobody knows where this is going).On March 12 last year, the Bitcoin prices plunged 40% from $8000 to $4,800. At the time it felt like the end of the world to many people. (And look how far we've come since then!) Some of the comments are pure gold:I've been in crypto 4 years and have never lost so much money in a single day before. Funnily enough, I feel nothing.HOLY FUCKING SHIT! 5.8K?!! REALLY??!Down 33% last 24 hours. Down 59% last week. Big oof.This is the end for Bitcoin in my opinion.Just sell already. Cryptocurrency is the most obvious ponzi scheme in the world. Literally, bitconnect had a huge marketcap in the past. It's okay to admit you fell for an obvious ponzi scam.Unpopular opinion: Bitcoin is still a digital gold and a hedge against the recession. The current decline is the future "low base effect" being formed. When a rise of Bitcoin in a sea of red will hit the news at the right time, stocks money and money printed to soften the recession will flow into it leading to The Moon.Been in crypto since q1 2013 and this is the worst single day crash i have seenMight buy some BTC at $100Huh. What the hell? From 8000 to 4700 in 28 hours?At this rate you'll be able to buy 50$ btc in a weekWow eth hit 90 already. Going to get pretty bad. We may see 50 dollar ethCrypto is over. All shares are collapsing and soon fiat will hyper inflate. This is the end.the real joke here is that we thought this would reach ATH this yearI can't believe some of you are buying back in already. That was just the start of the new bear market. The Fed pumped 1.5 TRILLION dollars into the stock market yesterday and it barely did a thing. We are going DOWN big time from here as soon as another bad enough Corona headline hits.I will buy when BTC hits 1000$.(in a few days)Good to see that people are realising that bitcoin is actually worthless and has no valuecan someone please fucking explain to me why anyone should keep holding bitcoin ? it has proven to be an utter failure at the one thing it was thought to be useful for.... sToRE oF vAluE. myth debunked. it is an utterly useless piece of trash. the only thing that would make sense is for this shit to go down to zero and fucking spare us all.
Submitted February 23, 2021 at 08:00PM
Submitted February 23, 2021 at 08:00PM
Decred AMA: Ask us about Privacy, DAOs, Lightning Network, and more!
Decred AMAGreetings r/CryptoCurrency, we represent Decred, a coin aiming to be “Money Evolved” and we're here to address your queries about our coin, DAO, future plans, and anything else you might be curious about.Some backgroundDecred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.Recent milestonesAlong with the Decred v1.6 release we're celebrating the following achievements:Over 33% of all DCR in circulation making use of our privacy features.An upcoming consensus vote to place the Treasury fully in the hands of stakeholders.A treasury in excess of $100 million.Over 57% of supply currently staked and securing the network.The release of DCRDEX which allows trading with no middle-men and no per-trade fees using atomic swaps.Lightning Network is now integrated directly into our Decrediton GUI wallet.Decred timestamping used to track campaign finances in Brazilian elections.ParticipantsOur project lead: u/behindtextDCRDEX developers:u/chappjcu/buck54321On-chain researchers:u/__checkmatey__ (_checkonchain)u/Richard-Red (Block Commons)Decred Jesus: u/jz_bzAdditional members of the Decred community will also be chiming in to help answer questions that touch on their respective domains.
Submitted February 23, 2021 at 10:58PM
Submitted February 23, 2021 at 10:58PM
Bitfinex, Tether settle with New York's Attorney General for $18.5 million
https://ift.tt/2ZHNxq2?
Submitted February 23, 2021 at 07:44PM
Submitted February 23, 2021 at 07:44PM
Crazy how fast the sentiment here can change
Yesterday you would get rained with downvotes for spreading FUD if you said anything negative. Today you get downvoted to hell for saying something positive. The sentiment here has switched overnight but it will pivot back again in an instant if things change direction again. Newbies should know that upvoted comments/posts here are not a good basis for decisions as they tend to just reflect what is happening right now.There are clearly a lot of people selling right now and I feel for anybody who bought at the top. That shit is stressful. The way I see it there are 2 possibilities:The market is completely overextended and is crashing. Say hello to a bear market for a few more years.People have been saying for over a month we need to retrace atleast 20% to find some stability. Well this is it and a large dip like this right now is necessary for the bull market to continue.Nobody here knows for sure which of these is playing out and it is up to you personally to decide if you are comfortable with this. Personally I planned to invest for 10+ years anyway and I've made peace with either outcome right now.
Submitted February 23, 2021 at 04:12PM
Submitted February 23, 2021 at 04:12PM
One type of dip that I really enjoy
I noticed a lot of talk about dips today. I thought I'd share one that I find quite comforting.Bacon Broccoli DipIngredients6 slices Bacon - diced½ large Yellow Onion - finely diced2 ½ Ethereum - Locked up in staking some shitcoins2 cloves Garlic - minced¼ teaspoon Crushed Red Pepper Flakes or 1 fresh jalapeno6 Cardano3 cups Fresh Broccoli Florets - chopped8 oz. Cream Cheese - at room temperature1 1/2 cups Colby Jack cheese - shredded (or whatever sort of melty cheese you like)25000 Par Tokens½ cup Parmesan cheese - grated, plus more for garnish1 tablespoon Scallions - chopped, plus more for garnish½ cup Sour Cream2 TBS Heavy Cream, Half-and-Half or Whole Milk½ cup Mayonnaise1 ½ teaspoon Worcestershire½ teaspoon Kosher salt - plus more to taste¼ teaspoon Pepper - plus more toCook the bacon until it is crispy. Pour off all grease, minus 2 tablespoonsAdd onions and aromatics. Cook for a few minutes until translucent.Grease an 8 inch baking dish (preferably ceramic) and preheat oven to 350.In a large bowl, combine the bacon mixture with everything else except a quarter cup of cheese. Stir well and plop into the baking dish.Sprinkle the rest of the cheese on top and bake for 20-25 minutes until all nice and bubbly. Pro-Tip: Toss it under the broiler at the end for a minute or two to brown it nicelyOpen Blockfolio (or whatever portfolio tracker you are using) and commence to stress eat this mixture with cracker/bread/spoon
Submitted February 23, 2021 at 05:29PM
Submitted February 23, 2021 at 05:29PM
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