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    Cryptocurrency Daily Discussion - December 7, 2020 (GMT+0)

    Cryptocurrency Daily Discussion - December 7, 2020 (GMT+0)


    Daily Discussion - December 7, 2020 (GMT+0)

    Posted: 06 Dec 2020 04:13 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 The prior exemption for karma and age requirements is no longer in effect.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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    Shark Tank's Kevin O'Leary Ready to Put 5% of His Portfolio in SEC-Approved Bitcoin ETF | News Bitcoin News

    Posted: 06 Dec 2020 08:22 PM PST

    29.5 Million XRP Tokens Dumped by Jed McCaleb in One Day. When Will He Stop?

    Posted: 06 Dec 2020 03:31 PM PST

    Two Centuries-Old German Bank Announced A Cryptocurrency Fund for 2021

    Posted: 06 Dec 2020 05:29 PM PST

    Bluzelle Launches Second Swarm of Duty Validator Program as Mainnet Looms

    Posted: 07 Dec 2020 01:24 AM PST

    Ron Paul Advises Bitcoin Proponents to 'Be Vigilant' of Government 'There’s Information Collected'

    Posted: 06 Dec 2020 11:33 PM PST

    Ron Paul Says Best Way To Deal With Bitcoin Is To Legalize It

    Posted: 07 Dec 2020 01:39 AM PST

    I have a lot of Fortnite Bricks and literally no knowledge about how cryptocurrency works. Is it worth selling? What do I do?

    Posted: 06 Dec 2020 09:21 PM PST

    I don't have a clue in what I'm doing, and I have a fair amount of the virtual currency. I don't want to sit on it and let it go to waste if it's profitable, and if it is, I don't know where to go with it.

    Any help is appreciated

    submitted by /u/BroBroBrayBray
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    "This American Life's" story on corruption at the New York Federal Reserve, with audio tapes. THIS is why Cryptocurrency exists.

    Posted: 06 Dec 2020 10:25 PM PST

    https://www.thisamericanlife.org/536/the-secret-recordings-of-carmen-segarra

    This story was covered in a few small places about 5 years ago but the media buried it after that. Basically Carmen Segarra is a lawyer who was hired to help oversee Goldman Sachs bank and the NY Federal Reserve. The conversations she heard were so nuts that she started recording them.

    This story, much like what Edward Snowden exposed, was ignored by the media. But everyone needs to hear it. Segarra should be invited to a Bitcoin or crypto conference as a guest speaker.

    submitted by /u/EGarrett
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    Cryptocurrency Usage On Darknet Markets Reached ATH Revenue Of $1.5B in 2020

    Posted: 06 Dec 2020 07:01 PM PST

    MicroStrategy Goes Bitcoin Shopping Again: Adds 2574 BTC ($50M) to Its Treasury

    Posted: 06 Dec 2020 11:52 PM PST

    A Metamask phishing scam is being promoted through Google search ads

    Posted: 07 Dec 2020 03:18 AM PST

    Chinese photonic quantum computer demonstrates quantum supremacy

    Posted: 07 Dec 2020 03:08 AM PST

    The Rich are Starting to Consider Bitcoin, Bloomberg Reports

    Posted: 06 Dec 2020 03:05 PM PST

    Bittrex is now trading tokenized stocks!

    Posted: 07 Dec 2020 02:06 AM PST

    Standard Chartered CEO: Crypto Will Play Major Role in Payment System Evolution, Both Private Cryptos and CBDCs Have Specific Roles in It

    Posted: 07 Dec 2020 01:42 AM PST

    LayerX will develop blockchain-based voting system using digital ID verification in Japan

    Posted: 06 Dec 2020 05:39 PM PST

    Renowned financial historian Niall Ferguson: BTC will be the best investment opportunity coming out of the pandemic

    Posted: 06 Dec 2020 08:11 AM PST

    DAE feel bad about all the wasted* energy that goes into mining crypto? Any clever solutions?

    Posted: 07 Dec 2020 03:33 AM PST

    I know the energy is not technically wasted because it generates profit, often in much cleaner ways than many other industries but it still grates on me that all this power, a lot from greenhouse gas emitting sources, gets used for this gain.

    I've seen a few cool projects where people have turned mining rigs into heating for homes as radiators.

    Are there any projects that take this to another level, not in that they'll plant a tree for every number of hashes, but something that makes use of all the heat generated for other purposes. Or any (profitable) rigs that run on self-sustaining renewable energy?

    submitted by /u/areyoudizzzy
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    Fund offering Ether exposure with IPO up to $100m to debut on Toronto stock exchange

    Posted: 07 Dec 2020 12:46 AM PST

    Really Tempted to Put My Downpayment Savings into BTC

    Posted: 06 Dec 2020 09:43 PM PST

    Have a chunk of cash saved for a house downpayment but the market has been so hot this year, houses selling for over asking price within days, and we haven't found the right house yet so it feels harder to make a commitment as the timeline drags out.

    I feel very confident that BTC will hit 100k within a year, which would be a massive windfall for my family... but there is always that nagging doubt that something will go awry and BTC will crash.

    Notice I would not even consider putting the money into any other coin, as BTC seems the most sure fire option, even though other coins will have larger % gains.

    Mostly wanted to share my struggle and see if others are dealing with similar choices. Also feeling that if I don't make the commitment and BTC does go to 100k, I'll always know I should have done it.

    submitted by /u/jobby23
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    10% of Bitcoin’s Supply Moved At a Price Above $18K: 5 Times More Than in 2017

    Posted: 07 Dec 2020 02:41 AM PST

    How Does Staking Secure the Network & Why Are You Awarded For Staking? (PoS Explained Simply)

    Posted: 06 Dec 2020 08:49 PM PST

    On-chain analyst says Bitcoin hodlers are only getting stronger

    Posted: 06 Dec 2020 11:37 AM PST

    We’ve hit 1 million unique Ethereum addresses participating in DeFi

    Posted: 06 Dec 2020 04:51 PM PST

    New Stimulus Proposals Gain Support While Lawmakers Push for Second Stimulus Checks to Help Americans

    Posted: 06 Dec 2020 05:11 PM PST

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