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    Cryptocurrency Daily Discussion - November 25, 2020 (GMT+0)

    November 25, 2020

    Cryptocurrency Daily Discussion - November 25, 2020 (GMT+0)

    Daily Discussion - November 25, 2020 (GMT+0)

    Posted: 24 Nov 2020 04:10 PM PST

    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 The prior exemption for karma and age requirements is no longer in effect.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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    Well, if this isn't bloody bullish, then I don't know what is: The Queen of England is expressing an interest in blockchain.

    Posted: 24 Nov 2020 07:23 AM PST

    ‘No debate’ that Bitcoin will increase 20X says gold industry insider

    Posted: 24 Nov 2020 06:52 PM PST

    Coinbase Just Broke into the Top 100 Free Apps on the App Store

    Posted: 24 Nov 2020 11:14 AM PST

    Google Trends shows ‘Bitcoin’ searches at 2020 high as BTC tops $19.4K

    Posted: 24 Nov 2020 01:33 PM PST

    Stellar Lumens doubles in price following upgrade

    Posted: 25 Nov 2020 02:16 AM PST

    Can we all unanimously agree to boycott TRON during the upcoming bull run?

    Posted: 24 Nov 2020 09:52 AM PST

    Can we all unanimously agree to boycott TRON during the upcoming bull run?

    While we are at it, let's make a (trash-)list by popular vote.

    ​

    I'll make a start:

    1 - Tron (self explanatory)

    2 - Bitcoin Cash (self explanatory)

    3 - Ethereum Classic (self explanatory)

    ​

    Submissions added at 5 upvotes (net):

    4 - Ripple (nominated by u/Schapsouille)

    5 - Bitcoin SV (nominated by u/Pughie24)

    6 - HEX (nominated by u/rezuler)

    7 - EOS (nominated by u/nanoisinferior-)

    8 - STEEM (nominated by u/fbslo)

    9 - Tether (nominated by u/BitTShirts)

    10 - Verge (nominated by u/CryptoBanano)

    11 - Sushi (nominated by u/mrkez)

    ​

    Submissions added at 10 upvotes (net):

    12 - u/euroknaller310 (nominated by u/Donk3y_Brolic)

    (don't worry, this is me, and this will be the only user I'm adding)

    13 - Bitcoin Gold (nominated by u/Larkinz)

    14 - Bitcoin Diamond (nominated by u/Larkinz)

    15 - Electroneum (nominated by u/Larkinz)

    16 -

    17 -

    18 -

    ​

    RULES:

    Let's stick to the top 100-200, otherwise we might as well copy paste 90% of Coingecko's 5987 coins.

    I'll add the nominations that receive 5 upvotes. If the post gets popular, I'll increase it to 10 upvotes.

    Don't agree with a specific entry? Let your voice be heard by downvoting the nomination!

    submitted by /u/Euroknaller310
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    All I want for Christmas is for Neo and Icon to go up

    Posted: 25 Nov 2020 01:22 AM PST

    What do you think of these coins? Been holding since 2017. I still believe in them.

    I already saw that the price started to go up. (icon is +50% this week).

    I still think they are way underpriced, especially NEO.

    submitted by /u/vovr
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    Kraken Grants $150,000 to New Bitcoin Developer Center Brink | Kraken Blog

    Posted: 25 Nov 2020 04:18 AM PST

    Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire

    Posted: 25 Nov 2020 04:05 AM PST

    Beware of Ledger Phishing Email

    Posted: 24 Nov 2020 09:46 PM PST

    Bought Ledger for my friend, meaning I don't have a Ledger nor do I have a Ledger account. Received an email from support@ledger.com-e1-server-s57-secure-44 with my friend's FULL NAME (don't know how we are associated besides me buying the ledger for him). Unfortunately, can't get a photo on this sub:

    Email #2

    Withdrawal Delayed

    To: (My Friend's Full Legal Name)

    Subject: You just sent 0.017814 BTC (0/24 confirmations).

    Ledger Alert

    To: 3uy.....etc*** Amount: 0.017814 Network Fee: 0.00004973

    As a security precaution, this transaction will be delayed for 4 hours. If you didn't make this transaction, cancel it immediately.

    Cancel

    Email #1

    Subject: You just sent 0.0120680 BTC (0/40 confirmations).

    Ledger Alert

    To: 3AB....etc*** Ledger Fee: 0.00 Network Fee: 0.00002533 Note: Suspicious location Ip, country: Ukraine, Kiev

    Dear (friend's full legal name) As a security precaution, this transaction will be delayed for 4 hours. If you didn't make this transaction, cancel it immediately. Please confirm or cancel transaction.

    Cancel Confirm

    submitted by /u/nadiavali
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    PayPal and Square buy a lot of Bitcoin

    Posted: 25 Nov 2020 03:40 AM PST

    The introduction of cryptocurrency services from PayPal and Square is proving to be very fruitful.

    Both fintech companies are fueling demand for Bitcoin after opening up to millions of users to trade.

    In fact, both companies have bought as much BTC as was mined, with PayPal clients buying about 70% of the new supply. (This snippet is taken from the CoinGecko daily newsletter)

    https://www.cnbc.com/2020/11/24/square-and-paypal-emerge-as-whales-in-the-crypto-market-.html

    submitted by /u/coingecko
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    South Korean government pushes back crypto-tax introduction by three months.

    Posted: 25 Nov 2020 02:43 AM PST

    Coinbase, Citing Regulations, Ends Margin Trading Services

    Posted: 24 Nov 2020 03:55 PM PST

    Will my btc price prediction come true?

    Posted: 25 Nov 2020 12:29 AM PST

    Hey guys, I wrote a thread around a year ago about an old newspaper I found from the 1950s which referenced Bitcoin. It obviously didn't have anything to do with Satoshi's creation but it provided some intriguing foreshadowing nonetheless.

    I made a comment on the thread at the time with some predictions. I've hyperlinked it below. So you're saying there's a chance?

    Here's the link to that thread and comment: https://www.reddit.com/r/CryptoCurrency/comments/bac562/comment/ekbtczi

    submitted by /u/AncientLineage
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    Square and PayPal may be the new whales in the crypto market as clients flock to buy bitcoin

    Posted: 24 Nov 2020 06:25 AM PST

    The proposal to farm HNY with moons on HoneySwap has passed.

    Posted: 25 Nov 2020 12:14 AM PST

    Christine Lagarde: 'The European Central Bank Cannot Go Bankrupt or Run Out of Money'

    Posted: 24 Nov 2020 07:45 PM PST

    Learning crypto

    Posted: 24 Nov 2020 11:21 PM PST

    Hey guys so recently I've been interested in getting into trading crypto, I turn 18 in a few days so I want to start off as soon as I'm 18. I was thinking about putting $100 into xrp seeing how much its going up at the moment and I was wondering what's some good learn resources to know exactly what im doing and to get money in the long run

    submitted by /u/vicman1212
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    A digital yen will make the crypto market ‘more lively,’ says Monex CEO

    Posted: 25 Nov 2020 01:11 AM PST

    What Is Bitcoin's Actual All-time High Price?

    Posted: 24 Nov 2020 07:13 PM PST

    Binance trading volume tops all-time high with $37B in a day

    Posted: 24 Nov 2020 06:12 PM PST

    Almost 100% of people who has bought BTC and held to it is in profit and still feels early, how do you feel today?

    Posted: 24 Nov 2020 08:16 AM PST

    How do you guys feel? Doesnt it feel early still like this is starting? Are you taking profits or holding? I want to know your feelings, lets share.

    For me this is a monumental day, validates the crypto space.

    submitted by /u/ramonvls926
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    Crypto exchange Coinbase plans to end all margin trading effective Nov. 25, 2020, due to recent regulations by the Commodity Futures Trading Commission (CFTC) (and end the service entirely by next month).

    Posted: 24 Nov 2020 02:04 PM PST

    A few reminders for old and new alike

    Posted: 24 Nov 2020 01:47 PM PST

    1. Nothing is guaranteed. Market forecasting is speculation. Some of the older folks will remember all the times someone was calling market signals and mooning only for btc to crash to $8k the next day. Realize that right now, this is purely a speculative market. Don't invest anything you can't afford to lose. Don't count on luck to protect your finances. The crypto market is very emotional as, unlike a publicly traded company, there's no one pushing profits and sales to value the stock. It's purely supply and demand driven with market sentiment tossed into the mix.

    2. If you are an investor who intends to trade back to FIAT, securing your profits is never a bad thing. Sell some, guarantee your gains. Don't sell all, else you might lose out on future market gains. Don't sell none, as you'll be left empty handed if the market dips.

    3. If you don't own your keys, you don't own your coins. Crypto is not protected under FDIC or similar protections outside the US. If your coins are in an online wallet or exchange and they encounter a data breach or shut down, your coins go with them. I personally keep my coins on a hardware wallet with paper backups of keys in various geographic locations, only transferring to exchanges as needed to do a trade.

    4. Before committing to any large value buy, sell, or trades: Read the fine print of your chosen exchange CAREFULLY. Some will require extended verification for large transactions and trying to do such a thing on a new account might result in you getting flagged, and sending your funds into limbo.

    5. Reminder to keep track of your gains / losses for tax purposes. If you choose not to do this, any ramifications that result are on you. Whether you choose to do this or not is your choice and yours alone.

    6. Be educated, but don't be emotional. Lame alt-coins, poor performers dressed as your savior, and pump and dump scams are everywhere. Healthfully distance yourself from the crypto market. Many a fellow has found themselves depressed and refreshing market values as you would pull on a slot machine. This also goes back to point 1: Don't invest anything you can't afford to lose, don't count on your investments for your life finances. Pay your food, your rent, your bills, your insurance, your savings, your school, your sons and daughters future, THEN you may dabble on crypto.

    Be well, be safe, be sane, and may the market be ever in your favor.

    submitted by /u/SnowDrifter_
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