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    Monday, December 10, 2018

    Cryptocurrency Daily Discussion Megathread - December 10, 2018

    Cryptocurrency Daily Discussion Megathread - December 10, 2018


    Daily Discussion Megathread - December 10, 2018

    Posted: 09 Dec 2018 09:42 PM PST

    Welcome to the Daily Discussion Megathread. Please read the disclaimer, guidelines, and rules before participating.

    To see the latest Weekly Skeptics thread, click here

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    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and excercise utmost caution before acting on any trade tip mentioned here.

    PnDs and brigades are not sanctioned by the mod team in any way as they violate rule III. If you discover this thread is being used for these activities, bring it to the mod teams's notice via the modmail.


    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 The prior exemption for karma and age requirements is no longer in effect.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.

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    Guidelines:

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    Thank you in advance for your participation. Enjoy!

    submitted by /u/CryptoCurrencyMod
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    This man was saying that bitcoin was revolutionary back when it was a dollar. At the time people mass downvoted him and hated him saying this was a joke.

    Posted: 09 Dec 2018 03:44 PM PST

    In the wake of massive banking scandals, thought this was appropriate

    Posted: 09 Dec 2018 03:16 PM PST

    Ver and Others Sued for BCH Hard Fork Manipulation

    Posted: 09 Dec 2018 11:56 PM PST

    Holding altcoins in 2018

    Posted: 10 Dec 2018 03:02 AM PST

    The US government and corporate debt has increased to new historical levels. Is the world moving away from the US dollar as a reserve currency?

    Posted: 10 Dec 2018 01:27 AM PST

    Indians spent $4Bn on International money transfer in 2018, for sending money back to India. Using crypto can save billions for middle class people sending money back home.

    Posted: 09 Dec 2018 11:04 AM PST

    A reminder that the institutions are gaming you all. HODL. Whatever you own, just keep HODL'ing.

    Posted: 09 Dec 2018 11:51 PM PST

    Ordered online today and Crypto payment was an option!!!!

    Posted: 09 Dec 2018 08:15 PM PST

    Bear market is blessing in disguise. All lessons learned in it.

    Posted: 10 Dec 2018 02:27 AM PST

    No doubt this bear market has taught me those lessons which I couldn't have learned anywhere else.

    Here are few lessons which I learned.

    1. There are only two categories of coins that are Bitcoin and non-Bitcoins.

    2. Crypto social media is full of candy sellers and their content is only to help themselves.

    You will find these candy sellers everywhere from YouTube to Facebook. They produce content only to sell you ads, affiliates or other stuff.

    For them you are just a commodity.

    1. Crypto market moves in cycles.

    2. Shill and FUDders come in waves with market cycles.

    3. Cold storage is only way to protect your assets.

    4. Finding a gem is just a gamble there is no such thing as gem because low market cap coin can easily go offline.

    5. All market cap websites give you wrong sense of market cap without keeping in account of total supply and volume on all exchanges.

    6. All exchanges are not transparent right from the start but they behave like a transparent exchange.

    7. Too many coins are just money grab.

    8. This bear market is a blessing in disguise because all weak projects and all weak hands will get out.

    9. HODL is only true for BTC.

    10. FOMO is your worst enemy.

    11. Technical Analysis are not all that wrong which you are usually told.

    12. Various exchanges are under staffed or don't have capability to run exchange but they are in this business like COSS, bitgrail etc.

    13. Patience is key to success don't chase price just relax and let the price chase your target.

    Disclaimer: These are the lessons I learned based on my experience and it's quite possible that in future I find myself wrong.

    submitted by /u/Isneris
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    Brave Browser Is Now The Default One For HTC Exodus

    Posted: 09 Dec 2018 11:04 AM PST

    Let's convince Elon Musk to add BTC wallet to each car

    Posted: 09 Dec 2018 11:25 AM PST

    I won't put this under Daily discussion megathread, because i know it won't get any views.

    So, I have a crazy idea. Let's convince Elon Musk to add a BTC wallet to each car. It would be an amazing step in the adoption phase, more people would actually USE cryptocurrencies at all. It would be splendid for paying tolls, gas, drive-ins...

    So, can we in all r/cc unite and get one thing done?

    Cheers to the new moons! Happy Holidays and 2019.

    EDIT1: Yes guys, i know you want to shill faster, optimized coins, let's stick to the generalization of crypto, shall we? You all know that tale of a hungry, but picky donkey that wouldn't decide between 2 different bushes of grass? He died of starvation.

    submitted by /u/marxxy94
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    Why do we need a crypto trading system. I know its old but it might be a good for the current market situation

    Posted: 10 Dec 2018 04:06 AM PST

    Stanford Professor and founder of Blockchain fund, DHVC, dies after ‘battle with depression’

    Posted: 09 Dec 2018 10:04 PM PST

    SEC Fines CoinAlpha, Issues Cease-And-Desist Order

    Posted: 10 Dec 2018 12:59 AM PST

    Facebook To Build “The Most Used Product In Crypto” – Morgan Creek

    Posted: 10 Dec 2018 02:34 AM PST

    Monero: Attacker Collection of IP Metadata

    Posted: 09 Dec 2018 09:33 PM PST

    Bitcoin Flash Crash To $0.01, In June 2011.

    Posted: 09 Dec 2018 04:02 PM PST

    KFC To Accept Cryptocurrency as Payments

    Posted: 10 Dec 2018 03:08 AM PST

    Which crypto projects have the best user experience?

    Posted: 10 Dec 2018 12:01 AM PST

    As an industry cryptocurrency projects are terrible at building products that are easy to use, and I think it's time to celebrate those projects that are fighting to good fight.

    What is your favourite project, exchange or other crypto related business that have the best UX/UI?

    submitted by /u/ShaneJohnston
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    MIT Study: Pump And Dump Schemes Are $7 Million In Monthly Trading

    Posted: 09 Dec 2018 02:06 PM PST

    Its a trap

    Posted: 09 Dec 2018 09:09 AM PST

    I hate to admit loss, but it would be helpful, given the amount of loss, if someone could direct me to a source on how to write off crypto losses on taxes.

    Posted: 09 Dec 2018 06:30 PM PST

    I have lost a considerable amount of money on crypto and would like to recoup a tiny percentage of it on my taxes. Is this possible and if it is, what's the best way to go about it since I bought on several different platforms and then sent to Binance.

    Love you and thank you!

    submitted by /u/ryanhobes
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    $2.5B stored in stable coins currently. Tether now #6 by marketcap. This is money on the sidelines waiting, ready to jump in. Consider this when handing over your Bitcoin trying to short the lows.

    Posted: 09 Dec 2018 10:48 AM PST

    JR GARAGE ARE GOING POTENTIALLY TO PRISON FOR ICO FRAUD!

    Posted: 10 Dec 2018 12:02 AM PST

    1st Year of Buy and Hold 100 Cryptocurrencies. The experiment

    Posted: 09 Dec 2018 10:16 AM PST

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