• Breaking News

    Wednesday, September 30, 2020

    Cryptocurrency UPDATES: Stricter content rules, trivia (6000 MOON in prizes), security, and merchandise!

    Cryptocurrency UPDATES: Stricter content rules, trivia (6000 MOON in prizes), security, and merchandise!


    UPDATES: Stricter content rules, trivia (6000 MOON in prizes), security, and merchandise!

    Posted: 29 Sep 2020 12:23 PM PDT

    Hello r/CryptoCurrency redditors!

    This year has been exciting for cryptocurrencies. To accommodate for the recent subreddit interest and changes, we are proposing the following for feedback:

    Stricter Content Rules

    We have been extremely sensitive to the quality of subreddit content for a very long time. r/CryptoCurrency needs to balance the views of thousands of subreddit communities while avoiding being overrun by memes, shilling, and fake news. This is a really delicate balancing act.

    Back in April 2019, we tested out a "whtelist-only" rule. Link submissions could only come from whitelisted domains. We have not updated the whitelist much since then.

    At this point, we would like to collect initial feedback on re-imposing this whitelist. In doing so, we will re-evaluate the existing domains and the domain whitelist review process. If you are familiar with those, you can leave specific comments as well.

    We have a few options for the whitelist. We can do one of the following (noting that all posts will be subject to quality standards, but stricter whitelists also help keep quality high):

    1. No change
    2. Whitelist and self posts only. Image domains still allowed in whitelist. This won't reduce image spam.
    3. Whitelist and self posts only. Restrict crossposts to r/CryptoCurrencyMemes and r/CryptoTechnology. Image submission blocked. All memes must be crossposted from r/CryptoCurrencyMemes, giving us finer control.

    The whitelisted domains and subreddits can be changed to what makes sense. The difference between 2 and 3 is mostly whether image posts are allowed to be posted directly or not.

    Trivia this Friday at 5pm CDT! 6000 MOON in prizes!

    About a year ago, we started weekly r/CryptoCurrency Trivia, which was fun but also had limited participation. At the time, you only won a special flair. Now however, you can WIN MOONS!

    1st place: 3000. 2nd: 2000. 3rd: 1000.

    Join with your Reddit username if you want to win coins! See you there!

    Edit: A YouTube/Google account is not needed to play, but it's fun to have if you want to live chat. You will join Kahoot via a game PIN and provide your Reddit username then.

    Link: https://youtu.be/V4tLVbt1aHA

    Security

    For some people, their Reddit account is priceless. For others, it may literally be holding thousands of dollars of MOONs. You need to think about security.

    1. Enable Reddit's 2FA right now (at the bottom of this page on desktop). We require that mods here enable 2FA since it's that important.

    2. Use a password manager like KeePassXC, LastPass, or Keeper. Secure those vaults with a super strong password that you memorize. Then make sure your Reddit, email, and other passwords are protected with crazy strings that you couldn't remember even if your life depended on it.

    3. Make sure your Reddit email is still valid, and check the password, recovery settings, and 2FA on that too.

    Merchandise

    We fully plan to offer merchandise through a partner, who will accept payment in Moons and will purchase and "burn" Moons with some of the proceeds. What merchandise would you like to see? The r/CryptoCurrency branding is awesome since it's so inclusive; what other logos refer to the entire ecosystem instead of just one project?

    What would you like to see r/CryptoCurrency merchandise for? What designs would you like to see other than the subreddit logo? The Moons logo and/or design? Memes? Bitconnect?

    submitted by /u/SamsungGalaxyPlayer
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    Daily Discussion - September 30, 2020 (GMT+0)

    Posted: 29 Sep 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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    JP Morgan receives record breaking $920m fine for market manipulation. But show must go on. They won’t suspend their license. Just another day in banking.

    Posted: 29 Sep 2020 02:33 PM PDT

    The FED knows your USD seed phrase

    Posted: 29 Sep 2020 09:07 PM PDT

    Chance of randomly finding a private key with ANY money on it is still 10,000,000,000,000,000,000,000,000,000x less likely than winning the powerball lottery

    Posted: 29 Sep 2020 11:15 PM PDT

    I may be a little bit over-invested.

    Posted: 29 Sep 2020 03:56 PM PDT

    You Can Now Use Crypto to Buy Equity in Tesla, Apple, Google -- on a Microequity Exchange Built on Algorand

    Posted: 29 Sep 2020 11:24 PM PDT

    Keep that in your mind ��

    Posted: 29 Sep 2020 03:32 PM PDT

    Coinbase offers exit package to those uncomfortable with new direction

    Posted: 29 Sep 2020 08:43 PM PDT

    All it takes is consistency.

    Posted: 30 Sep 2020 02:18 AM PDT

    Spreading the good word of crypto

    Posted: 29 Sep 2020 11:48 AM PDT

    Just wait til all the rich folks named in the Panama Papers start understanding and using defi

    Posted: 29 Sep 2020 07:32 PM PDT

    Which crypto is most related to Tesla (TSLA)?

    Posted: 30 Sep 2020 04:47 AM PDT

    Any crypto that is involved with Tesla should rocket because of TSLA's huge robinhood following.

    There is an article about them trading TSLA on tiktok and I bet they would trade cryptocurrencies too. So the question is which ones?

    Does anyone have any ideas on which cryptos are most related to Tesla? My plan is to build a portfolio and share the returns.

    submitted by /u/qarish
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    Funny, but also very arbitrarily put.

    Posted: 30 Sep 2020 03:45 AM PDT

    KuCoin Hacker Exposes Decentralization Theater Among DeFi Projects

    Posted: 30 Sep 2020 04:39 AM PDT

    Are you holding your moons or selling them?

    Posted: 30 Sep 2020 01:38 AM PDT

    Moons are currently trading at about 9 cents per moon, down from the local high of 30 cents per moon. Are you selling them?

    One can look at them as "free money", or you can look at what happened to UNI, everyone was given $400, which is now worth $1600. Selling could be a mistake.

    submitted by /u/nice2yz
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    NEO Flamingo Mint Rush will be extended to October, 5th (FLM accepted)

    Posted: 30 Sep 2020 12:14 AM PDT

    Having Trouble Converting Dai to xDai

    Posted: 30 Sep 2020 12:44 AM PDT

    I am trying to use https://dai-bridge.poa.network/ to convert my Dai to xDai via MetaMask. The problem is that it seems to freeze on the " Waiting for Block Confirmations... " screen and does nothing.

    Am I just being impatient? I have been sitting there waiting on that screen for about an hour now and it has been sitting at 0/8 confirmations the entire time.

    Is there any other method I could be using or some means of actually making this method work, that I could be made aware of?

    Thank you for your time.

    submitted by /u/Giant2005
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    Crypto journalism can be so much fun sometimes...

    Posted: 30 Sep 2020 03:30 AM PDT

    29 People Using Crypto to Fund Jihadists and Al-Qaeda Members Arrested in France

    Posted: 30 Sep 2020 04:38 AM PDT

    Tainted Bitcoin....should we worry ?

    Posted: 30 Sep 2020 04:15 AM PDT

    Privacy concerned long horizon hodler trying to figure out the deal. Say we buy a bitcoin on a dex using monero. That bitcoin is somewhat stealthy to us, though buying it will be tracked, but if we sell back to monero later maybe that's ok.

    But say that tomorrow we find out that the bitcoin we bought was just swiped from Kucoin, or came from whatever mass murderer. Is it possible that someone will come after that coin and take it away from us? Is this more or less true with other altcoins? Is a tainted bitcoin worth worrying about? is it worth a premium to try and source them from miners? honest question, please shill for moons with true answers, it's ok if you downvote me thanks

    submitted by /u/Nonredneck
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    Imagine if McDonalds gave out coupons for one burger valued at $1; but, people were selling those coupons for $10 on the street, even though they are only redeemable for a $1 burger. That is exactly what is happening with Moons right now

    Posted: 29 Sep 2020 05:32 PM PDT

    For those speculating - be very careful with buying Moons.

    Reddit has pegged the value of Moons at $0.01 with how they have priced the conversion of Moons to reddit coins / premium. They are currently trading at 10x that value; to put it in other terms, you are getting 1/10th of the utility per moon that you buy versus those you earn by participating in this subreddit.

    In theory, this should lead to Moons always being near $0.01 (unless reddit modifies the way we can currently redeem them). This isn't too different than if people started trading Tethers for $10.

    Be careful out there y'all.

    Edit: for transparency, I sold some moons for $0.11 each

    Edit2: I think the $0.016/moon value I read originally here is incorrect. Reddit sells 500 moons for $2, or $0.004 per coin, and we can exchange 40 moons into 100 coins, making 40 moons into then $0.4. Thus the exchange rate would be $0.01 per moon (not $0.016 as I read in the linked post). I've changed the values in the post to reflect that.

    submitted by /u/shewmai
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    Crypto Finance Conference to host industry experts in-person in January 2021

    Posted: 30 Sep 2020 02:04 AM PDT

    I'm in the 6.2% though ��

    Posted: 30 Sep 2020 03:37 AM PDT

    Failure to Launch: Devs Need Another Trial Run for Ethereum 2.0

    Posted: 29 Sep 2020 08:29 PM PDT

    Moving into the age of 'Optimistic Ethereum'

    Posted: 30 Sep 2020 12:44 AM PDT

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