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    Cryptocurrency Daily Discussion - April 30, 2020 (GMT+0)

    April 30, 2020

    Cryptocurrency Daily Discussion - April 30, 2020 (GMT+0)

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

    Posted: 29 Apr 2020 05:10 PM PDT

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

    Disclaimer:

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

    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 The prior exemption for karma and age requirements is no longer in effect.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.
    • Comments will be sorted by newest first.

    To see prior Skeptics Discussions, click here.

    submitted by /u/AutoModerator
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    Coinbase is down!!

    Posted: 29 Apr 2020 11:44 AM PDT

    Lost over 80% of last months profits trying to short the bottom

    Posted: 29 Apr 2020 11:36 PM PDT

    The worst thing that has happened to crypto in the last couple of years is the cynicism of the HODL meme. Noobs ran into crypto bought a ton of shit erc20 icos at nose bleed prices and then broke the hodl meme. If you buy good long term projects cheap HODL is not a meme. We should bring it back.

    Posted: 29 Apr 2020 06:21 PM PDT

    Only just realized today that blockstream is beaming the BTC blockchain to us via satellites to ensure minimal interruptions in catastrophic events

    Posted: 29 Apr 2020 11:38 PM PDT

    Cryptocurrency market value jumps $35 billion in 24 hours led by a surge in bitcoin

    Posted: 30 Apr 2020 02:19 AM PDT

    Inflation. That's one reason why we're all here. Found in the New Zealand subreddit

    Posted: 30 Apr 2020 02:36 AM PDT

    SegWit on the bitcoin network has experienced negative adoption for the past 4 months. From 57% to 49% and currently still decreasing.

    Posted: 29 Apr 2020 05:45 PM PDT

    Honestly so many people fought over this to get this added over 2 mb block sizes and we had so many talks over how this would immediately solve the transaction fee problem and it never did.

    I cant really understand how this is just a major flaw in bitcoin no one seems to point out. Its not transaction fees, its not adoption, its the fact that we keep delaying the potential of this blockchain and implemented solutions that are just big IF's. Yeah call me a bcasher or something I never owned any bch in the past 3 years since the chainsplit. Call me a nano shill or something cause I pointed out a chain works better than an off chain solution tied to a slug.

    Honestly I just believe its that we cant make any good decisions and so tribalism and ready to jump each other for even bringing up certain possible ideas/solutions. This will ultimately heavily delay crypto adoption.

    source : https://transactionfee.info/charts/transactions-spending-segwit/

    submitted by /u/TechCynical
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    Just learned how claiming losses on crypto works and it is pure evil.

    Posted: 29 Apr 2020 09:58 PM PDT

    If you lose 100% of an asset because it is lost or stolen, the latest tax law disallows you from claiming any loss whatsoever. But if you still have the coins and they have 90% of their value, you can sell them and claim a loss.

    What in the actual fuck? I guess I am going to go restock whatever worthless shitcoins I used to have so I can pretend that I never lost them and then sell them so I can show the IRS how I lost money on the coins that I lost. Fucking crazy.

    submitted by /u/brokemac
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    I want to break (even) free!

    Posted: 30 Apr 2020 01:01 AM PDT

    So...

    I'm invested in crypto since July 2017.
    At some point, my all time high was around x11 my investment, mostly invested in XLM (80% of my portfolio back then, less today), but everything went down when the fire nation attacked.

    For the past years, I was able to manage to stay above the line and it was only until a few months ago that my portfolio turned red (around December or so). But it never went down 70-ish percent. I was down 30/40% top.

    Then the pandemic hit us hard, and I decided to invest some more, even if I was in the red. Because you know, it's generally during the crisis that you need to invest your spare money, hoping for better days.

    Then the US decided to print money (and it went brrrrrrrrrrrrrrrrr).

    And today, I'm finally back in the green, and I hope it will keep going that way some more.

    Going through those years was quite challenging, and the only advice I would give myself today would be not to be too greedy and cash out (or actually spend!) some of the benefits at a given limit. It may well keep growing for years (and I'm sold to this idea considering the world we're in), but cryptocoins are meant to be used and spent.

    (And watch out for Vega coming soon on the stellar network! )

    submitted by /u/s3ane
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    KFC Rolls Out Blockchain Trial for Digital Advertising and Media Purchase

    Posted: 29 Apr 2020 01:40 PM PDT

    Telegram now delays launch of its blockchain by one more year, ready to return investor money - The Block

    Posted: 30 Apr 2020 03:44 AM PDT

    Since we are seeing yet another Binance scandal today, it seems appropriate to share some info on how CZ got here and why you should stay away from the most centralized exchange in the space.

    Posted: 29 Apr 2020 08:00 AM PDT

    Check out how the Telos network’s new partnerships bring blockchain to games on Unity and Steam.

    Posted: 29 Apr 2020 10:52 AM PDT

    Tether supply on TRON now surpasses TRONs marketcap itself

    Posted: 29 Apr 2020 08:28 AM PDT

    BitMEX and Binance Futures trading over $10 billion of BTC Perpetuals in the last 24 hours

    Posted: 29 Apr 2020 06:55 PM PDT

    Bitcoin Halving - May 12 what happens?

    Posted: 29 Apr 2020 07:29 AM PDT

    I know the block reward for miners is going to be cut to 6.25.

    Does this make it more difficult to mine? Or same difficulty but just less reward?

    Also, do smaller miners have any chance at making a real profit after halving or will they likely exit the game and leave mining to the big dogs?

    submitted by /u/DarkMatterEclipse
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    Cut Losses or Wait Out the Ride (LTC and XLM vs. BTC)

    Posted: 30 Apr 2020 12:50 AM PDT

    I was day-trading and got stuck (by falling asleep without a stop-loss in place, ooops) in a bad trade so now I'm holding LTC and XLM insted of BTC. And even though the USD-value of XLM and LTC is going up nicely, the fraction of BTC they trade against has been falling through the floor. And I stupidly waited, thinking they would bounce back a bit as the overexcitement over the halving wore off a bit since the event is still 2 weeks away, and most people should know there'll probably be a little dip right afterwards before it shoots up to the stars (ETA at moon TBA). But no. Instead I'm seeing the dollar-value of my holdings increase but the amount of BTC I can trade back for it is plummeting, and I was hoping to hold BTC after the post-halving dip... Do I cut my losses (0.07 BTC at the moment, for chrissakes) and hodl BTC, or do I wait this out and hope XLM and LTC will trade better against BTC in the coming weeks (before the halving? After it when it dips a bit?). It's not really day-trading when you're sitting there stuck hodling coins for 2 weeks... But at this rate, they'll both be worth 0.0000001BTC before I know it.

    Advice?

    submitted by /u/PerfectRuin
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    The Bitcoin Halving Explained - Why The Price Will Move - Analysis

    Posted: 30 Apr 2020 03:55 AM PDT

    Brave Browser Complains About Lack of Commitment by EU Member Countries on Data Protection

    Posted: 30 Apr 2020 03:54 AM PDT

    Dot Leap 5: Ethereum-compatible parachain (just port your code over), Sub0 conference online and replayable, huge UI upgrades IRT staking and governance, multi-sig support in the UI, Ethereum keys usable for generating Substrate accounts, and more

    Posted: 30 Apr 2020 03:38 AM PDT

    My new cryptocurrency, a Litecoin 0.8.7.5 fork, contains the "CoinMiner" trojan. I didn't put it there. How can I get rid of it?

    Posted: 30 Apr 2020 03:37 AM PDT

    I found out here: https://bitcointalk.org/index.php?topic=5240604.new#new

    Code: https://github.com/mikejohnsonjr/zeal

    Windows wallet: https://github.com/mikejohnsonjr/zeal_windows

    Both of the github repos of ZEAL contain the CoinMiner trojan.

    Please help me get rid of it. Thanks.

    submitted by /u/Mjjjokes
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