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    Cryptocurrency Daily Discussion - January 2, 2021 (GMT+0)

    January 02, 2021

    Cryptocurrency Daily Discussion - January 2, 2021 (GMT+0)

    Daily Discussion - January 2, 2021 (GMT+0)

    Posted: 01 Jan 2021 04:00 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.

    Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

    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 The prior exemption for karma and age requirements is no longer in effect.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.
    • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
    • Comments will be sorted by newest first.

    Useful Links:

    submitted by /u/AutoModerator
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    How to invest in Bitcoin

    Posted: 01 Jan 2021 04:24 PM PST

    The Faces of Crypto

    Posted: 01 Jan 2021 06:04 PM PST

    Billionaire Chamath Palihapitiya Says He Will ‘Buy the Hamptons’ When Bitcoin Hits $150,000 || The chairman of the Virgin Galactic board says he will acquire the summer destination of choice for affluent New Yorkers and transform it into a place that serves a greater good.

    Posted: 01 Jan 2021 11:32 AM PST

    When you go balls deep into Eth 2.0.

    Posted: 01 Jan 2021 06:34 PM PST

    9 year old story

    Posted: 01 Jan 2021 09:43 PM PST

    Memories

    Posted: 01 Jan 2021 04:11 PM PST

    XRP this run

    Posted: 01 Jan 2021 10:42 PM PST

    Hopefully soon.

    Posted: 01 Jan 2021 11:32 PM PST

    When I'm out in public and hear the latest crypto news.

    Posted: 01 Jan 2021 05:08 PM PST

    A representation of my Crypto portfolio

    Posted: 01 Jan 2021 04:59 PM PST

    Just in: Bittrex Becomes First U.S. Exchange to Delist All Major Privacy Coins

    Posted: 01 Jan 2021 10:45 AM PST

    Doge

    Posted: 01 Jan 2021 07:57 PM PST

    How I went from HODLing almost 13 BTC to .15 BTC

    Posted: 01 Jan 2021 10:45 AM PST

    How I went from HODLing almost 13 BTC to .15 BTC

    ​

    https://preview.redd.it/f1ava51onr861.jpg?width=551&format=pjpg&auto=webp&s=10764d943c51d7d9a53aa76d363877e79bc4289d

    The image above shows how much BTC I had in March, 2017. I had been buying BTC slowly starting in the fall of 2016, and I eventually accumulated almost 13 of them. If I had just tucked those away and never touched them, I feel fairly confident in saying I would be a millionaire within the next 5 years, possibly a multi-millionaire.

    But then, greed struck. I wanted to find the next "diamond in the rough" project that no one else knew about, and get in on the ground floor and watch it shoot up 500% over the next year. I was sucked in by a project called QASH, and kudos to you if you've ever even heard of it. I went all in, 100%, on QASH, and in January 2018, QASH hit its ATH and I had about $500,000 to my name. I thought I had done it, that I had picked the right horse, and I'd be a millionaire before the end of 2018. But then, QASH absolutely cratered, but I kept holding out hope it was going to bounce back. Finally, in August, I sold back in to BTC, and I was down to just 5 BTC in my name.

    Then, in the fall, we had a family emergency and not enough money to cover it. I was forced to sell my BTC for about $3k each. I eventually ended up selling everything. I had 0 BTC, when just 12 months before, I had half a million dollars.

    I finally bought back in once our financial situation stabilized, but could only really afford .65 BTC (1 BTC was worth $10k when I bought back in). But then, just like before, I started looking around at projects that could pay some big dividends. I did a lot of research into Tezos (XTZ), and decided that I liked what they were doing, and that they would be a good investment. I bought all in when it was worth about $3 sometime last spring.

    Since that time, Tezos has fallen and is now treading water at about $2. Meanwhile, if I'd left my investment in BTC alone, I'd have about $19k today. My Tezos investment is worth $4,300 by comparison, good for .148 BTC as of this writing.

    Bottom line is, greed will hurt you. Every time. I still think it's possible Tezos is going to do some big things, but I could have kept my money in BTC and bought into Tezos now and gotten a lot more than what I currently have.

    I didn't learn my lesson last time and made the exact same stupid mistake. But at least I still have something, and maybe a glimmer of hope. I just pray that Tezos does not become another QASH.

    Feel free to tell me what a moron, idiot, fool, etc I am.

    submitted by /u/louiseaveryb
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    Doge coin is almost at .007 and is trending on twitter

    Posted: 01 Jan 2021 08:20 PM PST

    I just think it’s funny

    Posted: 01 Jan 2021 01:53 PM PST

    that when XRP got delisted from some exchanges everyone in here loved it. And now when their precious privacy coins start getting delisted all of a sudden they are angry?

    I wouldn't be suprised if Tether is up next. The SEC case with Ripple is important for every coin in the crypto space. We should all be supporting each other instead of hating on different coins.

    I'll probably get a few downvotes for this. But these are just my two cents.

    Have a good one chaps

    submitted by /u/d4nkm3m3rs
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    Trickle down Cryptonomics

    Posted: 01 Jan 2021 06:41 PM PST

    I found the bottom. We will only go up from here.

    Posted: 02 Jan 2021 02:14 AM PST

    Ledger from Utah was actually a global transmitter

    Posted: 01 Jan 2021 07:40 PM PST

    Have fun staying poor

    Posted: 01 Jan 2021 05:20 PM PST

    Mark your Calendars

    Posted: 01 Jan 2021 04:31 PM PST

    Love & Beyond

    Posted: 02 Jan 2021 12:51 AM PST

    Bitcoin Annual Returns 2011-2020

    Posted: 01 Jan 2021 09:04 PM PST

    The US National debt is over 27 Trillion dollars, here is help to visualize how immense that really is.

    Posted: 01 Jan 2021 06:27 PM PST

    Congresspeople chastise the Treasury for rushing new crypto monitoring proposal

    Posted: 01 Jan 2021 07:16 AM PST
    Read more
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