Cryptocurrency Monthly Skeptics Discussion - December 2020 |
- Monthly Skeptics Discussion - December 2020
- Daily Discussion - December 1, 2020 (GMT+0)
- Venezuelan Army Starts Mining Bitcoin for 'Unblockable Income'
- [Megathread] Bitcoin (BTC) hits all time high against USD according to several sources
- Ethereum 2.0 staking is coming to Coinbase
- The threat to Bitcoin that no one is talking about.
- Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion, Everyone Shocked.
- U.S. Intel Official: We "Cannot Allow China to Dominate" Digital Currencies
- This guy has created a totally random Ethereum based betting platform using his Hampster to power marble races
- Why Greater Crypto Regulation Is the Key to Greater Adoption
- Investors may be leaving gold and flocking to bitcoin according to this Bloomberg article.
- Venezuela wants to base its economy on Bitcoin.
- Winklevoss twins say bitcoin will be the decade’s best performing asset, see ’25x’ gains from here
- ETH2.0 Launched
- Bitcoin just set a new all time high on coinbase
- Congratulations to the HODLers. Bitcoin just had it’s highest monthly close ever!
- If a new ATH won't even get BTC to the front page of reddit, what would?
- Authorities shut off electricity to Bitcoin miners in China’s Yunnan province
- Just help,remember we all needed help when we first started
- Warning: Coinbase has a UI bug, where under some circumstances (they don't seem to know which) it doesn't update your balances after a successful transaction has gone through.
- Watch Bitcoin price in realtime with my minimalistic webapp
- Bitcoin hit a new All Time High $19,892
- South Korea to delay new tax regime on cryptocurrencies until 2022
- Russia is set to legally recognize bitcoin
- State-Supported Actors Use Coin Miners to Stay Hidden
- Yearn and Sushi join forces. KP3R involved.
- Status of Second Stimulus Checks as Deadline for Government Shutdown Draws Near
Monthly Skeptics Discussion - December 2020 Posted: 30 Nov 2020 04:12 PM PST Welcome to the Monthly Skeptics Discussion thread. The goal of this thread is to promote critical discussion by challenging popular or conventional beliefs. This thread is scheduled to be reposted on the 1st of every month. Due to the 2 post sticky limit, this thread will not be permanently stickied like the Daily Discussion thread. It will often be taken down to make room for important announcements or news. Rules:
Guidelines:
Resources and Tools:
To see prior Daily Discussions, click here. - Thank you in advance for your participation. [link] [comments] | ||
Daily Discussion - December 1, 2020 (GMT+0) Posted: 30 Nov 2020 04:12 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:
To see prior Skeptics Discussions, click here. [link] [comments] | ||
Venezuelan Army Starts Mining Bitcoin for 'Unblockable Income' Posted: 30 Nov 2020 07:37 PM PST
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[Megathread] Bitcoin (BTC) hits all time high against USD according to several sources Posted: 30 Nov 2020 08:29 AM PST We occasionally make megathreads on important news. We will be removing other posts on this topic to help clear up the frontpage of r/CryptoCurrency. You may also want to check out the daily discussion for 2020-11-30. Want to chat with people? Join our Discord. Sources/articles: "Bitcoin Price Sets New Record High Above $19,783" - CoinDesk "Bitcoin Price Hits All-Time High of $19,786, Topping 2017 Record" - The Wall Street Journal "Bitcoin hits an all-time high of just under $20,000" - CNN "Bitcoin Rallies Above $19,000 After Biggest Rout Since Pandemic" - Bloomberg "Bitcoin price hits all-time high of almost $20,000" - The Guardian "Bitcoin price hits $19K as bulls show no fear of record futures gap" - CoinTelegraph "Bitcoin's Price Breaks All-Time High: Here's Why it Happened" - Decrypt "Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017's Bull Run" - Bitcoin.com "Bitcoin hits new all-time high of $19,857, extends year-to-date return to 177%" - Business Insider "Bitcoin Just Broke The All-Time High Recorded In December 2017" - CryptoPotato Please comment below if you want to add an additional link. [link] [comments] | ||
Ethereum 2.0 staking is coming to Coinbase Posted: 30 Nov 2020 12:07 PM PST
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The threat to Bitcoin that no one is talking about. Posted: 30 Nov 2020 02:04 PM PST There have been two trends related to Bitcoin that pose a serious security threat to Bitcoin's longevity:
To put it simply, the long-term security of Bitcoin protocol's depends on the value of transacting directly within the Bitcoin network. The lack of significant scalability of layer 1 along with trends that effectively reduces and diminishes the value of directly transacting in the network can be catastrophic in the long run. Every bitcoin that is externalized to Ethereum, Paypal and others is being indefinitely frozen in its native protocol. The remainder is being used more and more as a reserve asset and collateral. This is not good folks, and we cannot pretend it is not happening or that it is insignificant. Bitcoin's security economic incentives were not designed for it to be a reserve asset and have transactions externalized to other systems. Ultimately if this trend is to be reversed the network needs to scale at layer 1 and/or the utility value of transacting natively must increase - there are no tangible propositions to realize either in the foreseeable future. Another solution would be to change the consensus mechanism and/or monetary policy. Eventually something must give, but for now it is entirely up in the air. Edit: Just to clarify on the need to scale layer 1. Layer 2 solutions are scaling at a factor of layer 1, and a deficiency from the base layer can still cause severe bottlenecks that could potentially render secondary layers impractical. [link] [comments] | ||
Posted: 30 Nov 2020 03:07 PM PST
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U.S. Intel Official: We "Cannot Allow China to Dominate" Digital Currencies Posted: 30 Nov 2020 11:27 AM PST
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Posted: 30 Nov 2020 03:29 PM PST
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Why Greater Crypto Regulation Is the Key to Greater Adoption Posted: 01 Dec 2020 02:09 AM PST
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Investors may be leaving gold and flocking to bitcoin according to this Bloomberg article. Posted: 30 Nov 2020 09:47 PM PST | ||
Venezuela wants to base its economy on Bitcoin. Posted: 30 Nov 2020 01:23 PM PST | ||
Winklevoss twins say bitcoin will be the decade’s best performing asset, see ’25x’ gains from here Posted: 30 Nov 2020 06:43 AM PST
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Posted: 01 Dec 2020 04:18 AM PST
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Bitcoin just set a new all time high on coinbase Posted: 01 Dec 2020 03:15 AM PST On 12/1/2020 at 6:09 EST, bitcoin broke the previous all time high at 19891.99 set on 12/16/2017. Where do you guys think bitcoin is going from here? I'm generally thinking over the next year bitcoin drifts to 1 trillion marketcap, which will be the next macro psychological resistance. [link] [comments] | ||
Congratulations to the HODLers. Bitcoin just had it’s highest monthly close ever! Posted: 30 Nov 2020 04:20 PM PST Wow. What a ride. And we're just getting started. Congratulations to this entire community! [link] [comments] | ||
If a new ATH won't even get BTC to the front page of reddit, what would? Posted: 30 Nov 2020 08:29 AM PST These last few months have been so good for crypto. The massive bull run, Microstrategy and PayPal entering the game, billionaires comparing it to gold, Arya freakin Stark started hodling, and now we even have a shiny new ATH to point to. Yet every time there is one of these events, I check r/all for mentions and see nothing. I get that these people don't need to understand cc to benefit from it, so long as institutions do, but I am not sure I see us getting there without at least btc memes making the front page. I also understand that many technical subs prevent themselves from being featured on r/all to limit brigading, and I have no idea if this sub is one of them. If so, I would disagree with the decision strongly. r/cc is the melting pot of the reddit cryptocurrency community, and the exact sub we would want interested outsiders to discover before digging into the more focused and technical subs. We even turned this sub into a weekend meme volcano, so I assume posts from here are capable of making the front page. Perhaps it is just the tribalism and downvote police holding us back? So honestly, what do you think it would even take at this point to make the mainstream notice enough to make the front page? [link] [comments] | ||
Authorities shut off electricity to Bitcoin miners in China’s Yunnan province Posted: 30 Nov 2020 06:42 PM PST
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Just help,remember we all needed help when we first started Posted: 30 Nov 2020 11:47 AM PST Remember when you first started investing? You may have made a lot of mistakes.I personally did,some like buying a shilled coin without doing much research,buying from sources with high fees,investing in shitcoins You also may have not knew about things and concepts like DCA,FOMO,Bears/Bulls,whales,pump and dump,etc Just help others,even if dumb money may make us rich,we need this space to mature and people to be more informed about crypto if we want the market to hold the gains. Do not be mean,do not be sarcastic,do not be hateful,we have the informations about basic concepts,we do not have the secret to wealth.But we can help others.Let's make this a better place. [link] [comments] | ||
Posted: 30 Nov 2020 10:48 PM PST Part of my exchange with them:
Their response:
(my emphasis.) [link] [comments] | ||
Watch Bitcoin price in realtime with my minimalistic webapp Posted: 01 Dec 2020 02:31 AM PST | ||
Bitcoin hit a new All Time High $19,892 Posted: 01 Dec 2020 03:41 AM PST
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South Korea to delay new tax regime on cryptocurrencies until 2022 Posted: 01 Dec 2020 03:34 AM PST
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Russia is set to legally recognize bitcoin Posted: 30 Nov 2020 09:29 AM PST
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State-Supported Actors Use Coin Miners to Stay Hidden Posted: 01 Dec 2020 03:27 AM PST
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Yearn and Sushi join forces. KP3R involved. Posted: 30 Nov 2020 11:31 PM PST | ||
Status of Second Stimulus Checks as Deadline for Government Shutdown Draws Near Posted: 01 Dec 2020 12:28 AM PST
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