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

    September 13, 2020

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

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

    Posted: 12 Sep 2020 05:12 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 The prior exemption for karma and age requirements is no longer in effect.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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    BCH dominance just reached an all time low

    Posted: 12 Sep 2020 09:20 AM PDT

    Same thing happening with DeFi right now...

    Posted: 13 Sep 2020 02:54 AM PDT

    The ongoing political instability, combined with the COVID-19 epidemic has left traditional economies reeling. This state has lead investors to try non-traditional digital assets and create new trading trends

    Posted: 13 Sep 2020 02:14 AM PDT

    How the IRS be tryna find someone to crack Monero

    Posted: 12 Sep 2020 04:41 PM PDT

    First time I see more 24hours volume than the entire market cap.

    Posted: 12 Sep 2020 11:58 PM PDT

    Vitalik Buterin's website: Coordination, Good and Bad

    Posted: 12 Sep 2020 09:39 PM PDT

    Quick math: Why holding actually works

    Posted: 12 Sep 2020 06:25 PM PDT

    Just making this post to help out peoples investing strategy in general as I'm seeing posts on "how to trade".

     

    For basically all assets/securities (stocks, Bitcoin, Ethereum, etc...) that have an expected upward long term trajectory, there are typically only a handful of days out of the year where all the gains are made. Like 10-15. All the rest (~350 days) the price makes small up and down moves, or down moves. This is why investing is a game of patience above all else.

     

    Interestingly for Bitcoin as an example, there are many years where if you eliminated the best 10 days, you would actually be negative in returns, even in the best years. And if you miss just the best few, your gains are cut in half.

     

    This is why trading and being out of the market for too much time is risky for any asset you think is going up because you have a good chance of missing those 10-15 or so days that are critical.

     

    No idea if this is helpful or too obvious but just wanted to mention this.

    submitted by /u/Trident1000
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    South Korea Proposes Blockchain-Based Voting System

    Posted: 13 Sep 2020 02:43 AM PDT

    Bitcoin Advocacy Group Splurges on Bitcoin Ads Across Hong Kong

    Posted: 13 Sep 2020 04:08 AM PDT

    Tether Retrieves 1 Million USDT for User, Sent to Wrong DeFi Address

    Posted: 13 Sep 2020 02:21 AM PDT

    IOTAs Fast Probalistic Consensus published in the journal of parallel and distributed computing

    Posted: 12 Sep 2020 11:55 PM PDT

    Naval on Defi

    Posted: 12 Sep 2020 07:55 PM PDT

    Major Bitcoin Bug kept secret for 2 Years

    Posted: 12 Sep 2020 11:43 PM PDT

    Official: Rapper T.I. admits to participating in 'fraudulent' cryptocurrency scheme

    Posted: 12 Sep 2020 09:56 PM PDT

    Tokenized whiskey fund buys first 1,000 barrels of Kentucky bourbon

    Posted: 12 Sep 2020 03:56 PM PDT

    Pylon and the Golden Armada: The Evolution of Venture Capital

    Posted: 13 Sep 2020 01:14 AM PDT

    Chainlink: Taking advantage of the bubbles

    Posted: 12 Sep 2020 10:02 PM PDT

    What the hell is going on with KuCoin?

    Posted: 12 Sep 2020 06:43 PM PDT

    So, in my last few trades I have noticed two weird things:

    1. The new buys that are at a lower price than my original entry do not move down the price of my average entry. The entry price stays the same, though the liquidation level changes. Isn't averaging down supposed to lower your overall entry price? Why did this change?
    2. When I book a profit, it registers my overall profit, but as soon as I make a new buy in leverage, my profit goes down. Why would this be? I have not lost anything. I am making a completely new trade.

    These two things never used to happen. Is something wrong with their code?

    submitted by /u/FellatioFellas
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    PayNym.is - Your PayNym Bot is a memorable and friendly character uniquely generated from a hash of your BIP47 reusable payment code.

    Posted: 13 Sep 2020 12:51 AM PDT

    Bitcoin Ads Plastered Across Hong Kong Trams and Near Banks - Decrypt

    Posted: 12 Sep 2020 05:23 AM PDT

    Why we need evolutionary, not revolutionary, regulatory initiatives

    Posted: 13 Sep 2020 04:26 AM PDT

    Defi is been booming lately ��

    Posted: 13 Sep 2020 04:24 AM PDT

    Discussion of the Day: Internxt (INXT)

    Posted: 12 Sep 2020 06:46 PM PDT

    -Today's Crypto of the Day is Internxt (INXT), and it's current price is $6.45.

    -Since 2/18/20, every day I have featured a new crypto of the day for us to discuss. I try to make follow up posts within a week, but I am behind at the moment. I try to mix in the most popular projects, along with some long shots. Sometimes I even feature projects I personally am not a fan of, just for the sake of conversation. I feel it is important for us to focus on the pros and cons of all projects, even if that sometimes means playing devil's advocate. At this point, I plan to try to continue making these posts until I have completed a full year.

    -If you decide to reply, please add something more than, "scam" or "this coin will moon to $1000 by the end of 2020". Please say why. If it is a scam, link or show evidence. If you feel it is a true moonshot, what makes this project special with that sort of potential? It seems many people within this community only promote projects they are financially invested in, while trash talking coins they do not hold bags.

    -I strongly encourage everyone to follow up on past discussions and you can still make comments on them. There is a lot of valuable information on many of these posts, so please check them out as you have time. You may learn a lot regarding some of these projects. I know I certainly did!

    https://www.reddit.com/r/CryptoCurrency/search?q=author%3Ajoenorwood77&restrict_sr=on

    -These posts are not meant to be financial advice, but instead to be an educational discussion. Everyone is responsible for doing their own research.

    submitted by /u/joenorwood77
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