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    Cryptocurrency Daily Discussion - September 15, 2020 (GMT+0)

    September 15, 2020

    Cryptocurrency Daily Discussion - September 15, 2020 (GMT+0)

    Daily Discussion - September 15, 2020 (GMT+0)

    Posted: 14 Sep 2020 05:09 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 The prior exemption for karma and age requirements is no longer in effect.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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    DeFi users have always been affected by a fear of having a “rug pull”. Insurance may become a cure in this situation.

    Posted: 15 Sep 2020 12:11 AM PDT

    A Japanese cryptocurrency exchange that suffered from a $60 million hack in 2018 is suing Binance for “aiding and abetting” the laundering of some of the stolen funds.

    Posted: 15 Sep 2020 03:44 AM PDT

    Tether is moving 1 billion more USDT coins from TRON to Ethereum blockchain

    Posted: 14 Sep 2020 05:39 AM PDT

    More than $1B in Bitcoin has been tokenized for DeFi

    Posted: 15 Sep 2020 01:16 AM PDT

    New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’

    Posted: 14 Sep 2020 06:42 PM PDT

    I did a graffiti in my mancave

    Posted: 14 Sep 2020 09:51 AM PDT

    Discussion of the Day: Lition (LIT)

    Posted: 14 Sep 2020 10:50 PM PDT

    -Today's Crypto of the Day is Lition (LIT), and it's current price is $0.1342.

    -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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    Watch out with Telegram - scammers taking it up another notch

    Posted: 14 Sep 2020 10:58 AM PDT

    There are a bunch of very, very advanced crypto scams doing the rounds.

    I found one on Telegran yesterday called "Olymp live trading", and if the scammers put half the work they did into this scam in normal work they would have a decent product.

    I was surprised because Olymp looked very legit with over 80,000 active chatters. Yes 80,000. Turns out, they literally added 80,000 talking bots.

    80,000 fake accounts that hold fake conversations with eachother.

    They congratulate eachother on profit, upload videos that they got profit.. etc.. all faked of course.

    I busted them pretty easy, because the bots they use, use stickers which they used in their last scam. Proof: Imgur

    As you can see the name links to a prrvious project, with less than stellar reviews online. (Aka scam).

    Just a warning to people to trust no Telegram groups at all before you checked other social media.

    submitted by /u/joris
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    Some Bitcoin Traders Are Betting on a $36K Price by Year’s End

    Posted: 14 Sep 2020 04:17 PM PDT

    Apple forces Coinbase to change its crypto products, says Coinbase CEO

    Posted: 14 Sep 2020 05:21 AM PDT

    Is this the lowest risk 10k bitcoin has seen?

    Posted: 15 Sep 2020 04:33 AM PDT

    The story of bitcoin for the last 400 days has been the fight over 10k. As soon as price gets above 10k, bitcoin would immediately get rejected. Institutions are buying at this price level, and that gives me confidence that bitcoin will not go back to 3k. Personally, I'm accumulating here.

    I'm not saying 20k is coming this year, but I think 10k is closer to a bottom than a ceiling.

    submitted by /u/ShotBot
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    So you sold your kindey for Rtx 2080? [Reaction on 3070]

    Posted: 15 Sep 2020 04:25 AM PDT

    Fundraising Breakthrough: DeFi Protocols Reinvent Token Offerings

    Posted: 15 Sep 2020 04:25 AM PDT

    Hey guys need help with a possible scam. I have a friend who asked if I wanted to get free tokens of a new crypto called “g9tro” by joining a zoom a call. After a quick google search...

    Posted: 15 Sep 2020 12:24 AM PDT

    I've learned pretty much nothing. There's literally almost nothing on the entire internet about this token. Or at least it's claiming to be an Ethereum token? They have a YouTube video with 60 views that came out a week ago... So I'm like 99.9999999% this is a scam even though the tokens are free. I don't really know much about crypto myself, but I was wondering if any of you ETH guys can help me prove it.

    I want to be able to tell my friend it's a scam and not just a newnew brand spankin new coin.

    Thanks in advance for anyone that helps!

    submitted by /u/whatwouldtomdo
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    Jim Cramer Becomes A Bitcoin Bull - The Pomp Podcast

    Posted: 14 Sep 2020 05:54 AM PDT

    Using a stable coin (Tether/USD Coin/etc) as an emergency fund piggy bank?

    Posted: 14 Sep 2020 05:30 PM PDT

    I don't like the volitility of BTC etc; and thinking of throwing some money into a stable coin on a hardware wallet (off the exchanges) as backup funds?

    Thoughts on this?

    How easy or hard is it cash out if I want to liquidate some funds? Especially outside the USA?

    submitted by /u/FlippinFlags
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    Filecoin: Understanding the Complex Crypto System Meant to Rival AWS

    Posted: 15 Sep 2020 03:04 AM PDT

    DeFi Giants Aave, Curve, Compound, and Synthetix Are Now Member of Huobi-Led Global DeFi Alliance

    Posted: 15 Sep 2020 02:50 AM PDT

    What Will Be the First Central Bank in the World to Dare Buying Bitcoin?

    Posted: 14 Sep 2020 09:00 AM PDT

    Tor Bair – Secret Network, Enigma & Private Smart Contracts

    Posted: 15 Sep 2020 02:19 AM PDT

    DeFi Project TRON Supernode Disappears Despite JustSwap Whitelisting

    Posted: 15 Sep 2020 01:39 AM PDT

    If anyone knows how to contact the operators of bitexbet.com, please let them know:

    Posted: 14 Sep 2020 04:31 AM PDT

    Bitcoin Bulls Push Bitcoin, Liquidating Millions in Bitcoin Shorts

    Posted: 14 Sep 2020 11:25 AM PDT
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