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    Cryptocurrency Daily Discussion - July 13, 2020 (GMT+0)

    July 13, 2020

    Cryptocurrency Daily Discussion - July 13, 2020 (GMT+0)

    Daily Discussion - July 13, 2020 (GMT+0)

    Posted: 12 Jul 2020 05:14 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 The prior exemption for karma and age requirements is no longer in effect.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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    Another scam going on right now. YouTube is almost doing nothing to stop these.

    Posted: 12 Jul 2020 07:31 PM PDT

    Prints USD, Runs Out of Coins; Silly illiquid Unfugible fiat.

    Posted: 12 Jul 2020 04:55 PM PDT

    Ads on the fence during the English Football today got me hype

    Posted: 12 Jul 2020 07:15 PM PDT

    Youtube advertisement scams really got to stop.

    Posted: 12 Jul 2020 04:05 PM PDT

    Ragnaros Approved

    Posted: 12 Jul 2020 12:05 PM PDT

    Chainlink rockets into the top 10, passing EOS, Binance and Crypto.com coin.

    Posted: 12 Jul 2020 06:13 PM PDT

    YouTube Shilling Me Live Crypto Scams... WTF GUYS!? Get Your House in Order YouTube!

    Posted: 12 Jul 2020 07:09 AM PDT

    Latest Week in Ethereum News ��

    Posted: 12 Jul 2020 04:15 PM PDT

    US Dept of Homeland Security Buys Analytics Software From Coinbase

    Posted: 12 Jul 2020 10:24 AM PDT

    Greyscale Increasingly Getting out of the S***coin Business, Boosting Bitcoin and Ethereum Exposure At Expense of XRP, BCH and LTC in Large Cap Fund

    Posted: 12 Jul 2020 06:53 PM PDT

    Scams and cryptocurrency will go hand in hand and there’s nothing anyone can do about it. Because that’s the point

    Posted: 12 Jul 2020 10:31 PM PDT

    Isn't it obvious? I see all these posts bashing YouTube for not doing anything about these 'scams', but isn't that the whole point of crypto? No regulators?

    If YouTube must stop an ad from running about crypto, how does it make the distinction between a genuine crypto ad and a scam? Let's say they start doing it and if by chance, they ban a genuine ad about crypto, the narrative is going to change to how big tech is not letting crypto grow organically without its meddling.

    Now one of the main emphasis of cryptocurrency is privacy, are companies like YouTube supposed to see what transactions are taking place and determine the wrong ones? Of course No.

    Simply put, when you want something decentralised and unregulated to a large extent, you're going to inevitably have these scammers and con artists.

    The scams ofc aren't limited to crypto, there used to be the infamous 'Nigerian prince' email scams back in the day but then the government could advise people not to send money and even track these people to punish them. But if Government asks how to use crypto or 'track' anyone's transactions, all hell shall break loose.

    Crypto enthusiasts need to be mindful of the shortcomings (which are many) and rather than blaming big tech, government or any one else, try and come up with solutions so that it can be adopted and scaled by a larger consumer base.

    submitted by /u/Fedboy
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    Best way for a teen to get into CrytoCurrency

    Posted: 12 Jul 2020 09:02 PM PDT

    I'm just curious as to what is the best place to:

    a: buy/mine cryptocurrency b: best wallet either physical or digital yo store said cryptocurrency

    I am very new to this and am wondering how all of this works. I know about the basics but don't know the best place to start all of this. Thank you in advance.

    submitted by /u/BytechniYT
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    CoinMetro Review — The Trade, Invest, and Earn Crypto Exchange

    Posted: 12 Jul 2020 10:31 PM PDT

    Bitcoin Gold underwent a 51% attack for the third time in 3 years

    Posted: 12 Jul 2020 07:08 AM PDT

    Amazon deal of the day today is 25% off Ledger Hardware wallets. Remember, not your keys, not your coins!! Get your coins off the exchange and protect them.

    Posted: 12 Jul 2020 02:59 PM PDT

    Hackers have stolen 336 BTC worth over $1,000,000 from Crypto Exchange Cashaa

    Posted: 12 Jul 2020 11:53 PM PDT

    Daily Hopium: Altcoins Appear Primed to Go Parabolic, Will BTC Dominance drop below 50% Again?

    Posted: 13 Jul 2020 03:01 AM PDT

    How To Kill Bitcoin: Is Bitcoin ‘Unstoppable Code’?

    Posted: 12 Jul 2020 10:59 PM PDT

    If you don't like all the scammy ads on YouTube, just fork up the 3 cups a coffee per month for YouTube Premium, and you'll never see another one ever again!

    Posted: 13 Jul 2020 02:43 AM PDT

    I've had Red since it came out, and if you watch a lot of YouTube like I do, it's by far one of the best investments you'll ever make in your life! I can't stand fucking ads, especially the ones that show up if you watch business or cryptocurrency related shit. Quit your bitching, and upgrade your experience my friends... go ad free for life!

    submitted by /u/Megalorye
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    Investment.

    Posted: 13 Jul 2020 12:13 AM PDT

    Hi Guys.

    Currently holding a variety of coins. Been investing over a few years now and to be honest haven't really been looking into new coins and kind of out the loop.

    Looking to invest now, Any recommendations for me to look into?

    Thank you all.

    submitted by /u/2019Jamesy
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    What are some good exchanges for trading and finding new altcoins?

    Posted: 12 Jul 2020 08:26 PM PDT

    I hear that some altcoins are exclusive to some exchanges and that new ones are constantly coming out, but what are some good exchanges to trade and find new ones. I already have a coinbase and binance account. Also, I am based in the United States.

    submitted by /u/okarin-niqaa
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    Declaring trades for US federal tax return?

    Posted: 12 Jul 2020 04:20 PM PDT

    I'm going through my taxes in TurboTax and I am asked if I traded crypto in the past year but then no follow up questions regarding dates and amounts.

    What is the purpose of this question if they aren't asking for more details? If someone hasn't cashed out is it really necessary to answer yes?

    If anyone has any thoughts or can point me to more resources I would really appreciate it. Thanks!

    submitted by /u/bm2xv
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