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    Cryptocurrency Daily Discussion - August 26, 2020 (GMT+0)

    August 26, 2020

    Cryptocurrency Daily Discussion - August 26, 2020 (GMT+0)

    Daily Discussion - August 26, 2020 (GMT+0)

    Posted: 25 Aug 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 The prior exemption for karma and age requirements is no longer in effect.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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    Meeting at Coinbase

    Posted: 25 Aug 2020 04:52 PM PDT

    The Fed drafts MIT to bring U.S. up to speed in the digital currency race

    Posted: 25 Aug 2020 01:32 PM PDT

    WARNING!Please guys be extremely careful!

    Posted: 25 Aug 2020 10:24 PM PDT

    WARNING!Please guys be extremely careful!

    I hope my story will help some of you to never repeat my mistake.

    I just got scammed the way I never even thought is possible ( some of you might heard about this but I never heard until today).

    Decided to cash some money out thru Coinbase, logged-in and copied BTC wallet address thru built-in Copy function as it shows on the screenshot below.

    Logged in Binance to sent the BTC to Coinbase and just pasted the address from the buffer without second thought. Pushed the transaction. 1hour later I realized that its different address and only first 4 symbols are same. Somehow my copy-paste buffer changed the address from right one to wrong one.

    Money lost. No way to recover it. Please dont repeat my mistake do not blindly trust to copy-paste buffer , your computer could be infected with malware that swaps addresses and it will be too late when you realize that.

    ​

    P.S:

    Since Coinbase not showing whole address and first 4 symbols were the same it was very easy to overlook

    https://preview.redd.it/iem7nkx97aj51.png?width=373&format=png&auto=webp&s=1343cc72036278e982cd54b80e48eaf99dac2a8b

    submitted by /u/seraf1990
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    The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power

    Posted: 25 Aug 2020 01:31 PM PDT

    Bakkt 24hr volume just broke ATH: 12,408 BTC

    Posted: 25 Aug 2020 10:28 PM PDT

    Asset Giant Fidelity Analyzes Model That Forecasts Bitcoin Rise to $1,000,000

    Posted: 25 Aug 2020 10:35 PM PDT

    PayPal Bets Big on Crypto, Google and Amazon Might be Next

    Posted: 25 Aug 2020 12:17 PM PDT

    Chico & Ivan Dump on Their Followers

    Posted: 25 Aug 2020 11:45 AM PDT

    The IRS has sent another round of letters warning U.S. crypto holders about their taxes

    Posted: 25 Aug 2020 02:55 PM PDT

    What are the key inputs someone new to Crypto (me) needs to know?

    Posted: 26 Aug 2020 02:36 AM PDT

    I have been digging into Crypto for a few months, reading thousands of theories and still trying to understand the basics of Crypto to make sure I can cover most of the angles before I put my money in.

    What did you guys do to make sure you had enough awareness about Crypto to be able to choose which coins to get into, and what time periods are you looking at?

    What coins are you guys into, and what was you deciding factor?

    submitted by /u/neevept
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    Scammers are now making fake ads for crypto exchanges. Never visit a site from a google ad!

    Posted: 25 Aug 2020 11:33 AM PDT

    Tether tops Paypal and Bitcoin for average daily transfer value. A part of me is happy. A part of me is sad; why’s it gotta be Tether?

    Posted: 26 Aug 2020 04:15 AM PDT

    Bitcoin is a bubble

    Posted: 26 Aug 2020 03:57 AM PDT

    IRS Sends Warning Letters to Suspected Crypto Tax Evaders

    Posted: 25 Aug 2020 02:17 PM PDT

    Learn more about the already existing adoption on OriginTrail's newest Use Cases page

    Posted: 25 Aug 2020 07:43 AM PDT

    Mastercard IOTA patent: Method and system for device micropayment aggregation based on tangle network

    Posted: 25 Aug 2020 06:31 AM PDT

    Do you find exchange interfaces confusing as a beginner?

    Posted: 26 Aug 2020 02:27 AM PDT

    How did you learn to trade on exchanges, what steps did you take? Was it difficult for you to get used to the interface, or does it still scare you a little bit every time you visit an exchange as it does for me?

    submitted by /u/Bomber_MoreMMR
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    This Month's Top Ethereum News, Innovation & Development - August 2020

    Posted: 26 Aug 2020 02:23 AM PDT

    IRS puts cryptocurrency front and center of 2020 tax return

    Posted: 25 Aug 2020 02:16 PM PDT

    Dave Portnoy offers to ‘save’ Bitcoin and Chainlink

    Posted: 25 Aug 2020 05:34 PM PDT

    How long till we get a shakeout in the top 10 by market cap?

    Posted: 26 Aug 2020 03:39 AM PDT

    I guess this will be an unpopular opinion for some, but I think that BCH, BSV, XRP and LTC (and also Tether, but that's a different story) have no business being in the top 10 market cap, and that money would be better off distributed across other projects.

    It just makes me said to think that these coins could 5x in the next bullrun just because noobs see them on CMC, but if people just moved on from these legacy projects the whole ecosystem would be much healthier.

    submitted by /u/esmereldazela
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    Australian exchanges delist privacy coins amid Chainalysis integration - Then reverses decision on Komodo

    Posted: 26 Aug 2020 03:21 AM PDT

    Bitcoin yearly candles with price history background.

    Posted: 25 Aug 2020 05:03 AM PDT
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