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    Cryptocurrency Daily Discussion - September 27, 2020 (GMT+0)

    September 27, 2020

    Cryptocurrency Daily Discussion - September 27, 2020 (GMT+0)

    Daily Discussion - September 27, 2020 (GMT+0)

    Posted: 26 Sep 2020 05:11 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 The prior exemption for karma and age requirements is no longer in effect.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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    Be kind to people. you never know the burdens they carry around.

    Posted: 26 Sep 2020 04:26 PM PDT

    Spongebob stacking them shitoshis..

    Posted: 26 Sep 2020 01:51 PM PDT

    Everyone in this sub at EOY 2021...

    Posted: 27 Sep 2020 01:38 AM PDT

    Hodling Since 2014

    Posted: 26 Sep 2020 04:44 PM PDT

    One by one, they’ll all join the crowd.

    Posted: 26 Sep 2020 10:30 PM PDT

    Laugh at my pain everyone

    Posted: 26 Sep 2020 11:55 AM PDT

    A non-fungible token is a type of cryptographic token that represents a unique asset. NFTs are tokenized versions of digital or real-world assets. They function as proofs of authenticity and ownership within a blockchain network.

    Posted: 27 Sep 2020 01:32 AM PDT

    Total Valued Locked in Flamingo is now over 1.3B!

    Posted: 27 Sep 2020 01:50 AM PDT

    The absolute state of this sub right now.

    Posted: 27 Sep 2020 02:37 AM PDT

    I made a list of my top DeFi apps and the purposes I use them for. What are some of your favorite DeFi apps?

    Posted: 26 Sep 2020 06:03 PM PDT

    Amazing how far we've come, getting closer to max supply

    Posted: 27 Sep 2020 02:31 AM PDT

    Hacker Saves $10 Million in Ethereum From Inevitable Theft

    Posted: 26 Sep 2020 11:56 PM PDT

    I'm Participating in the Puerto Rico crypto tax program. I trade and cash out all my crypto with zero % tax. AMA.

    Posted: 26 Sep 2020 04:15 PM PDT

    Just a premise for this because I know it will be the #1 top asked question:

    Can crypto obtained prior to moving to Puerto Rico be included in the tax grant and cashed out 0% tax after moving to puerto rico in the future?

    The answer to this is yes, and this can be verified with the tax attorneys on the island who handle the crypto grant. In short, it relates to crypto being classified by the IRS as "personal property". As long as this remains true (versus currency, commodity, or other classification), capital gains on personal property obtained prior to PR residency is not taxable.

    As you live on the island and ideally trade your coins, you automatically "domesticate" them to Puerto Rico, further protecting yourself from taxation in the future.

    There is an argument that this is a false interpretation of the law. Its not a false interpretation but as with most new systems that have unclear guidance, there are conservative and non-conservative interpretations. This qualifies as non-conservative, and 100% of the crypto people on the island are relying on it.

    --------------------

    Any OTHER questions about the grant, requirements, or boots-on-the-ground experiences after having lived here 4 years participating, please feel free to ask.

    submitted by /u/BitttBurger
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    For the NEO holders who may have missed this one

    Posted: 27 Sep 2020 02:54 AM PDT

    Forgive me if I'm simply not searching correctly, but I couldn't immediatly see it on this subreddit, so I thought it might be interested for NEO holders who may have missed out on the news.

    Admittedly, it was by accident a few days ago that I stumbled onto the news of being able to stake NEO on the Flamingo Finance platform. Flamingo describes itself as an interoperable, full-stack decentralized finance protocol built on the Neo blockchain. you can read more about it here!

    In an event call the "Mint Rush" (started yesterday after some startup woes and lasts until the 30th), Neo holders are able to wrap and stake their NEO to receive a share of the FLM governance token.

    So far, there is about $1.3 billion dollars locked in the platform. 1.3B locked so far

    DYOR, go check it out if you haven't heard about it. I've personally staked my own holdings and barring a few hickups, have not had any strange things happening so far. For me, after the UNI drop, I've decided to become a bit more active when it comes to hopefully catching some interesting drops and the idea of NEO potentially becoming an interesting player in the defi space, sounds promising.

    submitted by /u/Cryptolosopher
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    Not that easy to decide

    Posted: 26 Sep 2020 02:41 PM PDT

    How high will Bitcoin go?

    Posted: 27 Sep 2020 01:31 AM PDT

    Moons broke $140,000 volume in the past 24 hours on HoneySwap

    Posted: 26 Sep 2020 08:14 PM PDT

    This is the fee you pay for trading on Honeyswap.

    Posted: 26 Sep 2020 11:50 AM PDT

    SCAM For the 4th time in 3 days, crypto scam being on the top of my homepage on youtube. Please Report.

    Posted: 26 Sep 2020 09:43 PM PDT

    Venezuela turns to satellites to connect Bitcoin nodes

    Posted: 27 Sep 2020 03:05 AM PDT

    KardiaChain, one of the affected tokens in the Kucoin hack, have handled the situation well. New contract!

    Posted: 27 Sep 2020 02:45 AM PDT

    It’s not much but it’s honest work ��⌨️

    Posted: 26 Sep 2020 11:36 PM PDT

    Rinkeby ETH Faucet (no socials needed)

    Posted: 26 Sep 2020 10:12 PM PDT

    For those looking for instant Rinkeby ETH faucet without having to post on social media, try this https://rinkeby.faucet.epirus.io/# Just used it awhile ago. There's a 0.2 cap per address but it's instant.

    submitted by /u/vongutom
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    Thank you xmoon.exchange and fellow redditors

    Posted: 26 Sep 2020 06:00 PM PDT

    I managed to liquidate all my moons today and stack another bitcoin. I shitposted relentlessly during the 2017 bullrun, and subsequently managed to lose multiple bitcoins on bitmex and many, many more hodling alts that made up my portfolio such as Ark and Nano. (Yes, still hodling them).

    Fellow redditors today reached out to me and helped me figure out how to use xmoon.exchange along with honeyswap and rinkeby testnet and I was able to sell my moons. Could it be too soon? I don't know but I am extraordinarily happy with the satoshis I was able to stack. It was like winning a small lottery.

    I never thought my shitposting would pay off, but I am just so happy to have something good come out of this nightmare of an altcoin bear market.

    Thank you to the community and I hope you all are having as good a day as I am.

    submitted by /u/Cryptorich13
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