Cryptocurrency Daily Discussion - March 13, 2021 (GMT+0) |
- Daily Discussion - March 13, 2021 (GMT+0)
- Google Trends: “Bitcoin” is Now Searched Twice as Much as “Covid-19” - The Tokenist
- Stimulus is here , get ready
- Mildly Interesting: 1 Bitcoin is about to pass the value of 1 kg of Gold
- Does anyone else think paying 69MM for an NFT is the craziest thing ever?
- BTC all time high
- We are swimming with sharks now!
- Binance Follows Bybit in Appointing Top Compliance Official
- The French government is going to sell $34.5M worth of Bitcoin seized in 2019. Isn't it amazing to sell BTC when at the same time the French government says that Bitcoin is only used for criminal activities?
- Realistically to be wealthy working minimum wage?
- Just a reminder: along with using moons, make sure to use the Brave browser for free crypto
- Why is CoinMarketCap showing some shitcoin called "Flow" at the top of the list, isn't this shady as fuck?
- If the stimulus really made Bitcoin rise to a new ATH, in a certain way the USA also gave the rest of the world a little stimulus.
- Go easy with that "Stimulus" hype cowboys. There is a long way to go, lets keep it calm and easy.
- The stimulus has landed ����������
- Bitcoins Breaks 60k
- 1BTC = 60k
- My Neighbor Alice (Will be a Crypto Earning Game playable like Animal Crossing)
- [Nano Foundation] The V22.0DB11 build is available
- Too many different cryptocurrencies out there
- Just bought my 1st ledger.
- Students in Georgia set to be taught about crypto at high school
- Ethereum Miners Found A Way To Bypass NVIDIA's Hash Limits
- Decentralized Cryptocurrency Mutual Funds Are Here! (Medium blog article)
- MicroStrategy Acquires Additional $15 Million in Bitcoin at Average Price of $57,146
| Daily Discussion - March 13, 2021 (GMT+0) Posted: 12 Mar 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:
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| Google Trends: “Bitcoin” is Now Searched Twice as Much as “Covid-19” - The Tokenist Posted: 12 Mar 2021 08:25 PM PST
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| Posted: 12 Mar 2021 10:02 PM PST I just got my $1400 worth of crypto coupons .. I don't see any news links about it actually getting into bank accounts tonight so I thought I would announce to the world of cryptocurrency that thy stimulus cometh , check your accounts. If not tonight you will most likely have it within the next 24 hours. THE PUMP IS COMING 🚀 Only invest what you can afford to lose! Just don't miss this opportunity! Also think towards the future. A few years down the line you'll be happy you bought in under 100k Stack them Sats and HODL , until you've reached YOUR PERSONAL MOON 🌙 [link] [comments]  | ||
| Mildly Interesting: 1 Bitcoin is about to pass the value of 1 kg of Gold Posted: 12 Mar 2021 08:07 PM PST As I write this, a kilo of gold is worth about $60,500. A single Bitcoin costs about $56,500. They may have already flipped. Pretty impressive compared to the days when we were comparing them to ounces. Instead of picturing Bitcoin as, well, coins, it might be better to look at them now like gold bars, or bricks of precious metal. I think that's pretty cool. [link] [comments]  | ||
| Does anyone else think paying 69MM for an NFT is the craziest thing ever? Posted: 12 Mar 2021 06:36 PM PST Listen, I LOVE art. I LOVE crypto.... I just don't get why someone would pay that much for a piece of minted digital art right now at this stage in the NFT craze and in cryptos. Do I think it will increase in value? yeah probably.... but I just don't understand the massive fascination with NFT's, their value they bring to the market, and the desire to "own" them at this point. To me... when I read things like someone paid 69MM USD for a piece of digital art, I think to myself..... "Do you know the kind of good you can do in the world for other people for your family or loved ones OR the type of legacy you can leave in this world with 69MM USD? [link] [comments]  | ||
| Posted: 13 Mar 2021 02:19 AM PST Looks like we did it guys. And we're already at 59k. Congrats, now let's celebrate :D Stimulus really hit didn't it :) I'm just so ducking exited right now. Im high on fucking hopium. Lets get to 60K very very soon aight? With this level of pumping guess we'll get there in 1 hour. That fucking amazing. Have a great day, enjoy it and the rest of your weekend :) [link] [comments]  | ||
| We are swimming with sharks now! Posted: 12 Mar 2021 12:12 PM PST Lately, a lot of news of hedge funds,banks and other large traders entering the crypto world. These are the people who know all the dirty tricks that are illegal in other markets. If you're a new/potential crypto investor the number one thing you should keep in mind is: THERE IS NO MARKET REGULATION IN CRYPTO! If you get defrauded, pumped & dumped on, send your crypto to a wrong address, or an exchange does a rug pull. No will help you. There's no one to save you, but you yourself. [link] [comments]  | ||
| Binance Follows Bybit in Appointing Top Compliance Official Posted: 13 Mar 2021 01:26 AM PST
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| Posted: 12 Mar 2021 05:40 AM PST The French government is going to sell $34.5M worth of Bitcoin seized in 2019 Isn't it amazing to sell BTC when at the same time the French government says that Bitcoin is only used for criminal activities? Does the French government want to promote criminal activities? Total hypocrisy of governments as always. Bitcoin is dangerous if you listen to them, but if there is a way to make money out of it, then you should not hesitate. The most incredible thing is that this does not seem to shock anyone in the general public. [link] [comments]  | ||
| Realistically to be wealthy working minimum wage? Posted: 12 Mar 2021 01:12 PM PST Is it realistically possible for me to at least live comfortably if I keep chipping small amounts into BTC and ETH? I've got about 2 ETH and 0.02 BTC. I can only really put in $200 a month which I realize isn't much, but I've been doing it diligently. I also have my funds in BlockFi to help a little bit. In 7-10 years I'm hoping if I stay on course I could be well off but I'm just worried my low pay is a hinderance to my hopeful plan. [link] [comments]  | ||
| Just a reminder: along with using moons, make sure to use the Brave browser for free crypto Posted: 12 Mar 2021 08:50 AM PST Brave has a built in ad blocker, which in my experience is quite good. Functions just like any other browser. It gives you notifications with ads, for me around 2 an hour. It pays you part of the ad revenue in BAT (Basic Attention Token). They have gone from around 20 cents to 70 cents in the last few days. Sitting on around $40 of BAT and don't feel like making an uphold account, I'll be giving some away in the comments ;) [link] [comments]  | ||
| Posted: 12 Mar 2021 05:27 PM PST CoinMarketCap currently has a token called Flow ranked number 1 in market cap which is obviously not the case. I don't know if I'm missing something, or maybe I'm just being paranoid, but seems to be like they are trying to pump and dumb some shitcoin by "mistakenly" putting it at the top of their charts showing some outrageous market cap. EDIT: Seems it went back to normal [link] [comments]  | ||
| Posted: 13 Mar 2021 02:52 AM PST As you may know we have reached a new all time high for Bitcoin. Some of you have not woken up yet. The stimulus check by the United States government also started arriving yesterday to some people via direct deposit and will continue in the following days. Americans got $1,400 for every person in the family, adult dependents being included for the first time ever. Since people from all over the world hold Bitcoin and crypto in general they also made some gains. The crypto economy was stimulated for people all over the world. Enjoy your gains! Let's see what the rest of the day brings. [link] [comments]  | ||
| Go easy with that "Stimulus" hype cowboys. There is a long way to go, lets keep it calm and easy. Posted: 13 Mar 2021 12:14 AM PST I understand the excitement, but I rather would read more news about projects and market insights than reading all day long how the big pump is coming because of the stimulus. It almost feels like a pump&dump in the making. This sub seems like a short term trading circus at certain times. Lets go easy, and lets hold these coins. The real growth is in the waiting, don't be inpatient and don't get greedy, you won't become rich that way. We all learned that lesson one way or another. [link] [comments]  | ||
| The stimulus has landed ���������� Posted: 12 Mar 2021 10:14 PM PST I received my stimulus tonight!!! And didn't hear any news about it For sure getting deposited tonight So you expect yours in the next few days !!! Start loading up on your favorite coins Or that coin you have been keeping your eyes on sooner than later with that being said only use what you can invest with don't FOMO Smartly invest The market is to take off in these next few days 🚀🚀🚀🚀🚀🪙🪙🪙🪙🪙🪙 [link] [comments]  | ||
| Posted: 13 Mar 2021 03:29 AM PST Just under a month from when Bitcoin broke 50k it has now officially broken 60k. This Bullrun is going great and the potential for Alts to grow is increasing by the day. Don't go anywhere things are about to get crazy. [link] [comments]  | ||
| Posted: 13 Mar 2021 02:37 AM PST Congratulations to all BTC hodlers that have been here for a few years, even weeks (or days?!). 100k seems closer than possible. And for altcoin holders, alts have a considerable amount of room to grow considering where they were two weeks ago now. Hodl on to financial freedom. Just remember, as always, 1BTC = 1BTC. [link] [comments]  | ||
| My Neighbor Alice (Will be a Crypto Earning Game playable like Animal Crossing) Posted: 13 Mar 2021 12:39 AM PST
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| [Nano Foundation] The V22.0DB11 build is available Posted: 12 Mar 2021 09:01 PM PST They just announced it today on their Discord channel -
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| Too many different cryptocurrencies out there Posted: 12 Mar 2021 05:44 PM PST In Nov 2019 there were 2817 cryptocurrencies in existence. Now there are over 4500. I feel like every day I hear about new ones being created and a lot of them are obviously trying to take advantage of this momentum. A lot of people are investing in these new coins because they know that in the short term the profit can be higher than with a top coin. Then on the other side you have big companies investing in a few coins. None of them seem to be investing mainly due to what the uses of the currency can be or is. This leaves good projects out there barely moving forward because the number of people joining the space either invests in the top 5 or in new/small value coins looking for profit and the number of actual users of the tech remains low. If the bull run ends before good projects get off the ground more, I am afraid many will lose traction and never recover. https://www.statista.com/statistics/863917/number-crypto-coins-tokens/ [link] [comments]  | ||
| Posted: 12 Mar 2021 05:54 PM PST Started getting interested and buying into crypto in January 2021. I've been holding my stuff on some hot wallets. I think today's a day I won't forget and I make the big boy step and bought myself a Nano X! Time to HODL my coins for some time and stop checking my wallet every second. Cheers to my mental health. [link] [comments]  | ||
| Students in Georgia set to be taught about crypto at high school Posted: 12 Mar 2021 08:46 AM PST
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| Ethereum Miners Found A Way To Bypass NVIDIA's Hash Limits Posted: 12 Mar 2021 02:14 PM PST
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| Decentralized Cryptocurrency Mutual Funds Are Here! (Medium blog article) Posted: 12 Mar 2021 06:05 PM PST From: https://medium.com/@A.Wheel/decentralized-cryptocurrency-mutual-funds-are-here-34a822cc623c TLDR at bottom. Hope I am conforming to the core principals of the sub and hoping this does not come across as shilling. I honestly like the project and think its one that is actually doing what many DeFi projects are only talking about and planning. Anyway, here it is. If you Google the term "What is a mutual fund?" you won't find any description or answer that uses the words 'cryptocurrency' or 'decentralized'. That's because it's never existed before. Welcome to the new era of decentralized mutual funds! Unifund ($iFUND) is the group behind this new era of decentralized finance releasing their technology to the world in the latter stages of 2020. What Unifund does is allow cryptocurrency investors, be they the clever and wealthy kind or the kind that plays video games in basements', to invest in the cryptocurrency market, specifically and currently the Uniswap market via their decentralized mutual fund app. These mutual funds or as Unifund like to call them 'social trade groups' are managed by other users, any other user, via the DApp (which is essentially a type of two-sided marketplace). Investors invest by connecting their wallet to the Unifund app, browsing the open mutual funds available (a very user-friendly menu tab IMO), making a selection, adding funds, and boom! The entire process takes less time than making toast once you know which fund you'd like to select. BUT WHY?
That quote is taken directly from the Unifund website and it doesn't take an investigation to realize this is true. It does not matter which market you look at whether it be Forex trading, Cryptocurrency trading, or decentralized trading on Uniswap, most mom and pop traders lose. CoinTelegraph reported '95% of traders lose money and fail'. Because of similar failures in more traditional markets, the mutual fund has always been a safer way to trade and invest and with more capital. But here's the thing with mutual funds, even when you lose, they win. The fee structures ensure they win. This is where Unifund comes in. No fees to join, no fees to manage, eliminates the trading fees and in the world of smart contracts and Uniswaps, it reduces network congestion and gas fees by consolidating trades and pooling capital. BUT WON'T FUND MANAGERS JUST TAKE OFF WITH MY CRYPTO?The beauty of the decentralized space that Bitcoin brought us and DeFi promises to expand is that there are many more options and hence opportunities. Unifund allows the fund manager to deposit collateral into his/her fund, this collateral acts as a type of counterparty risk. If they fail or try to pull a fast one your investment is backed to a level by their collateral. This project is still in the very early stages, however rational optimists like myself (no room for false modesty) can see where it is going. I can see a very near future where any Joe-schmo can open an app, look at the fund managers on a board no different to how CoinMarketCap works and begin filtering through the funds and their managers by success rates, capital growth percentages, reviews, and other metrics, select their fund and ideally, turn the passive money key on. Oh, and by the way, your "fund manager" might not even have to be human. As with everything, do your own research (DYOR) and yes I am invested in this one. Check it out → Unifund ($iFUND)TLDR: Decentralised fund management via DeFi Smart contract. It allows users to buy into Trade Groups where Fund Managers can trade on their behalf with pooled funds for fixed periods of time. Unifunds iFUND Token is used in an incentive system with strong tokenomics (including lock-ups, staking, and fee savings mechanisms). Transparent, auditable solution to the persistent problem of pump group exit scams. Pooled trading funds and locked-in mechanisms for equal profit sharing! Similar to Iconomi just not setup by banks and institutions. Thoughts? Yay, nay, maybay? UPDATE: Here is an insider look after connecting your metamask or other wallet to the app.
And here is what one random fund is doing (I literally just screenshotted this randomly from someone who queried the bot just now and it shows what is possible, key word possible, no shill) UPDATE 2: Check these two funds out. [link] [comments]  | ||
| MicroStrategy Acquires Additional $15 Million in Bitcoin at Average Price of $57,146 Posted: 12 Mar 2021 05:07 AM PST
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