• Breaking News

    Thursday, October 29, 2020

    Cryptocurrency Moons Memberships on iOS! + We’re hiring! + New Moons Distribution (Round 6 Proposal)

    Cryptocurrency Moons Memberships on iOS! + We’re hiring! + New Moons Distribution (Round 6 Proposal)


    Moons Memberships on iOS! + We’re hiring! + New Moons Distribution (Round 6 Proposal)

    Posted: 28 Oct 2020 02:23 PM PDT

    UPDATES:

    iOS users can now get Special Memberships with their moons! Please make sure to update to the latest version (2020.40.1) and then tap here to learn more.

    We're also thrilled to announce that we are looking for senior backend engineers to join the Reddit team that is building Community Points. If you want to work on one of the most exciting projects in blockchain, apply here.

    --

    Moons are r/CryptoCurrency's version of Community Points. Community Points are a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community.

    Moons are distributed every 4 weeks based on contributions people make to r/CryptoCurrency. For every distribution, Reddit publishes karma data as a default measure of contribution. The community can review the data and optionally propose an alternative distribution, if they wish.

    This distribution is based on karma earned from 2020-09-30 to 2020-10-27. Here is the data.

    To propose an alternative distribution:

    • You can create a CSV with alternative contribution scores or propose changes to the algorithm used to calculate them from karma (as long as the changes can be implemented easily).
    • The amount of Moons distributed to a user will be proportional to their contribution score. Contribution scores cannot be negative.
    • Make a poll to have the community vote on your proposal. Include an accurate description of the changes you are proposing.
    • If the poll meets quorum (20% of Moons need to vote in it) and passes (according to the weighted results), it becomes the official contribution measurement (unless there is evidence of abuse in the vote, such as bribery). Algorithm changes will carry forward to future distributions.
    • In case of multiple polls passing, the one with the most Moons cast in favor will be the official one.
    • If no alternative passes, the data provided here will become official.

    The contribution scores for this round will be finalized on 2020-11-04. Any poll proposing an alternative needs to be completed by then.

    After the scores are finalized, Reddit will sign the data and publish the final, official data. After that, people will be able to claim their Moons through the Vault in the Reddit mobile app.

    submitted by /u/CommunityPoints
    [link] [comments]

    Daily Discussion - October 29, 2020 (GMT+0)

    Posted: 28 Oct 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
    [link] [comments]

    The transitioning period into Full scale adoption of Cryptocurrency.

    Posted: 28 Oct 2020 10:39 PM PDT

    Right every wrong!

    Posted: 28 Oct 2020 07:42 AM PDT

    Hello fellow kids.

    Yesterday I was reading my country's most popular newspaper and was greeted with the headline "Hacker demands cryptocurrency!!". Naturally my interest was grabbed and I went on reading the article that stated "The hacker demands the private and untraceable cryptocurrency Bitcoin", which is obviously wrong since Bitcoin is a public ledger and every single transaction is recorded and saved for eternity. Mildly annoyed I emailed the author of the article and explained that Bitcoin is in fact not very private, and certainly not untraceable. After a few back and forth with relevant facts the newspaper issued a correction saying Bitcoin is indeed not very private and is traceable.

    This is what we, the cryptocurrency community, must do every time we see people outside the community reference crypto the wrong way. I urge you all to take a few moments out of your very busy life following shitcoins to correct newspapers and other publications when they simply misinform the public.

    The result of their misinformation leads to the public associating cryptocurrency with crime, and this must change.

    Please, pretty please, do this. It does not take long, and we all do benefit from it.

    submitted by /u/Tidsdilatation
    [link] [comments]

    Why isn't Estonia discussed more in this space? Estonia has been utilizing blockchain technology for voting and other state services since 2012.

    Posted: 28 Oct 2020 12:17 PM PDT

    Some of the tools I use to trade crypto

    Posted: 28 Oct 2020 09:12 AM PDT

    WARNING: Ledger Phishing scam is now sending out SMS to target customers. Dont fall for it.

    Posted: 28 Oct 2020 11:54 PM PDT

    WARNING: Ledger Phishing scam is now sending out SMS to target customers. Dont fall for it.

    Ledger scammers are sending phishing SMSes to users that claims the Ledger devices have a vulnerability and redirect them to a fake websites like "Ledger (dot) Media" or "Ledger (dot) Report" that asks you to install a different firmware into your device, to steals the funds. This is a phishing attack. Once you end up on the fake ledger website, it asks you to install a fake version of Ledger Live app and asks you to enter your seed.

    Do not install any new firmware other than from the official Ledger Live app. Do not click on any links asking you to install firmwares or download Ledger live from unofficial sources.

    Example of Phishing SMS:

    Fake Ledger SMS

    It seems the hackers have obtained customers emails and mobile numbers from the Ledger data breach, and are using that list to target customers with these fake messages. Using information obtained from the data breach at Ledger, the scammers are sending out targeted messages that include your real name, and your phone number as well. The message asks you to update the firmware with a malicious version.

    There is also another phishing scam that asks users to install a fake ledger Live version that asks for user's seeds on the fake website itself, and this also steals all your funds. As always, never enter your seed anywhere except on the Ledger device.

    Edit: Updated modus operandi. The fake ledger website asks you to install a different version of Ledger Live that asks for your seed phrase. Once you enter the seed phrase, your funds can be swept by the hacker. Never enter the seed phrase on any computer or non-ledger device.

    Edit: Link to Ledger's communication about Data Breach. This is where the scammers are getting your Personal Information including name, phone number & Email Address: https://support.ledger.com/hc/en-us/articles/360015559320-E-commerce-and-Marketing-data-breach-FAQ

    submitted by /u/Set1Less
    [link] [comments]

    Coinbase never fails to disappoint us

    Posted: 28 Oct 2020 01:52 PM PDT

    Binance Might Delist Many Low-Volume Coins Soon, CZ Hints

    Posted: 29 Oct 2020 04:24 AM PDT

    Is No one getting skeptical now that major banks and media outlets are promoting btc?

    Posted: 28 Oct 2020 02:05 PM PDT

    I'm not sure what to make of it. I'm sure most people on this sub will immediately want to go to the narrative that they just know they're late to the party and are now trying to hop on, but I can't shake the feeling there's more to the story.

    When I see JP Morgan claiming massive upside to bitcoin, after shutting on it for years, it makes me concerned. They have a remarkable history of telling the public one thing, and then screwing them the next day. Could they be getting ready for a rug pull of some sort?

    If there were a a massive crash with fleeing to bitcoin, could outrageous fees for first time users like boomers trying to save their retirements turn people off of bitcoin? Could WEF and ECBs major focus on "green" digital tech be a signal that bitcoin isn't the solution they want moving foward?

    I'm not sure how this all plays out, and at the end of the day the network is there and there's nothing anyone can do about it, but I do find it strange how some of the most untrustworthy people are now promoting bitcoin. I also have concerns about how the network would respond if millions of people were trying to flee to safety, leaving a sour taste in people's mouths when the user experience is significantly more expensive and slower than even traditional banking.

    Thoughts?

    submitted by /u/Rusure111111
    [link] [comments]

    So bitcoin transactions fail and revert back? I have a transaction which is pending for two days now

    Posted: 29 Oct 2020 12:23 AM PDT

    https://i.imgur.com/Efm83sH.jpg

    I set the fee at $4 which was the average fee. But the tx isn't getting mined yet.

    My wallet and receiving wallet are empty.

    Will the transaction fail and return back or is it gonna stay pending forever?

    I was hoping to get the Blockfi promo by depositing before 31 October. Guess I'm not gonna make it :(

    submitted by /u/jonbristow
    [link] [comments]

    MOON proposal - cut post karma weight in half

    Posted: 28 Oct 2020 02:36 PM PDT

    This proposal would cut post karma weight in half, or double comment karma (same effect). The purpose of this would be to encourage more thorough discussion as well as acknowledge the difference in relative effort/karma between posts and comments.

    This has been submitted twice before however it did not reach the required amount of moon to pass despite receiving overwhelming support in favor:

    1

    2

    View Poll

    submitted by /u/nanooverbtc
    [link] [comments]

    tZERO forges agreement with Tynton Capital to digitize & trade its proposed digital infrastructure fund which will be issued on the Tezos Blockchain, with a planned offering size of $300 million USD

    Posted: 28 Oct 2020 04:43 PM PDT

    Storing My Money as Bitcoin

    Posted: 28 Oct 2020 03:52 PM PDT

    I bought most of my bitcoin around the 6k mark in 2018. Since then, when I get a paycheck, I convert everything I don't need for living expenses into bitcoin. Every single fraction of a coin I've bought is now worth at least 20% above where I bought it (last purchase 1st of this month). And since I don't cash out unless I need it (I recently had to put a new transmission in the truck), even on the 3k I cashed out I'm up. Unless bitcoin drops significantly below 6k for a while, I really don't see a downside here. I'll have everything in for the next big bull run. The finite supply will ensure that'll come in time with increased institutional adoption and the overall tend towards digital currencies.

    After writing this I'm not 100% sure where I'm going with it but what I'm saying is storing your excess reserves in crypto anytime over the last almost 3 years would have you up a great deal. Certainly with profit taking. I really think crypto is a good overall savings options for many.

    I don't make a huge amount so we're not talking a lot of money here but it's been good for me even with the coinbase fees which are ridiculous. I could live for half a year with what has been gained.

    submitted by /u/Accountable2aT
    [link] [comments]

    MOON proposal - Limit Maximum Karma from a single post

    Posted: 28 Oct 2020 08:03 PM PDT

    This proposal would limit the karma counted for distribution from any individual post to 200. There has been a vast wave of spam, extremely effortless reposts, and post manipulation from users seeking to game MOONs as much as possible. Anyone who has been browsing by new in the last few weeks has probably noticed when a single user will post and repost the same meme until it gets enough votes and then delete the rest of the copies. This blatant violation of the rules of the sub has gotten several people into the top 5 for this distribution period. The sheer potential for a single post, and an image/comedy post in particular to blow up and dwarf the value of OC, on-topic discussion, and comments in general, should be obvious [by the monthly top posts](https://www.reddit.com/r/CryptoCurrency/top/?t=month). This would limit the incentive for the farmers who have been non-stop dumping reposted content on this sub, while still leaving most posts untouched.

    View Poll

    submitted by /u/SocialSuicideSquad
    [link] [comments]

    What exactly is liquidity?

    Posted: 28 Oct 2020 11:01 PM PDT

    Can someone explain it to me in layman's terms? What does it do exactly or mean?

    I'm trying to get into cryptocurrency and I have looked up what it meant, but it still sounds like complicated mumbo jumbo to me lol.

    So what is it exactly?

    submitted by /u/The_Zoinkster
    [link] [comments]

    Bitcoin spooked as Wall Street suffers biggest loss since June

    Posted: 29 Oct 2020 05:15 AM PDT

    Yearn Finance Founder Andre Cronje's New Defi Token KP3R Soars 3,600% 24 Hours After Launch

    Posted: 29 Oct 2020 05:11 AM PDT

    Will they or won't they? Central banks eye each other's digital currency moves

    Posted: 29 Oct 2020 04:49 AM PDT

    Atari Has Launched Their IEO Public Sale Today

    Posted: 29 Oct 2020 04:47 AM PDT

    Wyoming State Regulators Approve Avanti, America's 2nd Bitcoin Bank

    Posted: 29 Oct 2020 04:45 AM PDT

    Coinbase Card launches in the US

    Posted: 28 Oct 2020 09:03 AM PDT

    Honey HNY down 45% today. Lol.. looks like the insiders dumped on all the noobs here

    Posted: 28 Oct 2020 11:01 AM PDT

    MicroStrategy CEO claims to personally hold $235 million worth of bitcoin, apart from Microstrategy's holdings

    Posted: 28 Oct 2020 06:20 AM PDT

    Group Uses Flash Loan to Game Maker Protocol Governance

    Posted: 28 Oct 2020 09:17 PM PDT

    Examining the “sell-side liquidity crisis” brewing in the Bitcoin market

    Posted: 29 Oct 2020 01:56 AM PDT

    No comments:

    Post a Comment