Cryptocurrency Daily Discussion - March 28, 2021 (GMT+0) |
- Daily Discussion - March 28, 2021 (GMT+0)
- Crypto Youtubers Tier List
- Info regarding moons and how to earn them.
- My Mom outdid me...
- Cardano (ADA) is now 4 days away from being 100% decentralized
- Creating one gold ring generates 20 tons of mine waste, and they say crypto destroys the environment. More info on the impact of gold mining in the link.
- Know your MOONs (Round 11)
- I'm sharing the code of my first crypto trading bot, so you can build your own
- Stop checking your portfolio: the statistics and psychology behind explained
- Mass adoption has started
- Mining Bitcoin on the Game Boy
- Bitcoin Whales Explode, Move Over $2,000,000,000 in BTC in Just 24 Hours
- Change my mind: NFTs are for money laundering and famous people
- Friendly reminder that Uphold is fucking garbage.
- Why do people hardly upvote posts on here anymore?
- Warning: Two FAKE Exodus Wallet apps were added to the Google Play Store on March 15th. They're still available for download.
- Saturday Night Live : What the hell is an NFT ?
- (Mega Bullish) Ethereum is ranked No. 55 globally on GitHub, above Automattic (WordPress), GoogleCloudPlatform, and AWSlabs (Amazon Web Services)!!!
- Be aware of the “monkey disease”: jumping from tree to tree at crypto until you fall
- [DEV] CityStates is a blockchain game in dev with real player driven economy . Today we added the first NPC to make the city feel more alive. If you have questions, ask me anything about it.
- Another Crypto Has Changed My Life Story. This Time It’s Different.
- Are there any good projects on BSC?
- Why $8 Billionaire Soros is Investing in Bitcoin and Cryptocurrency Suddenly [A Short Article]
- Today I hit a milestone!
- NFTs Saturday night live skit
Daily Discussion - March 28, 2021 (GMT+0) Posted: 27 Mar 2021 05:00 PM PDT 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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Posted: 27 Mar 2021 12:15 PM PDT This is the list I wish I could find when I started out, it would have saved me a lot of money and time. S Tier: Benjamin Cowen: Best at Macro and long term Technical Analysis, Always a calm head in this crazy market, his favorite saying is "what's a few trillions among friends" JRNY Crypto: Best channel for MID cap coins, he consistently made good calls, most coins he shilled went up and stayed up (he doesn't dump on his followers), but even him couldn't help LTC :/ Coin Bureau: Best educational Crypto channel, if I put him in a lower tier this sub will assassinate me (he is also not a financial advisor as he will let you know in literally every video) InvestAnswers: Added by popular demand, he has a deep understanding of Math and the stock market which he tries to translate into the crypto market A Tier: Digital Assets News: Had some great calls, this Prediction video is his best and it's aging like fine wine Bob Loukas: The voice of reason in Crypto, he is good at predicting the start and the end of crypto cycles. Finematics: If you are in it for the tech this channel is great at making complicated concepts simple. Dave Levine: If there was such a thing as ETH Maxis association this guy would be the CEO, he is an OG that went through multiple cycles. Crazy4crypto: He was shilling Theta and ZIL before it was cool, he made me a lot of money Lark Davis: I just watch him because he has cool paintings behind him, but he is good too I guess. Aantonop; One of the OGs of crypto, he is a Bitcoin maxi, but his educational content is great. Best Podcasts tier: UpOnlytv, Bankless, Unchained Podcast, Millennial Money Honorable mentions: Hashoshi, Daap University, Sheldon Evans, Colin Talks, Lorenzo, denome Suggested by you: The Modern Investor, Tyler S, CryptoRUs, Satoshi Stacker, Andrei jikh, Altcoin Daily, EllioTrades, Aantonop, Crypto Daily, cryptokirby, Cryptotwins, Nuggets news, Louis Thomas, Crypto Casey, Conquer the markets, 99Bitcoins Popular Channels to Avoid Tier:
C, D, E, F, Z Tiers / Red Flags As a general rule if someone makes stupid faces in the thumbnails, 100x claims, promotes leveraged trading or Bybit links, you should stay away from him Disclaimers: DO NOT take any Youtuber's words as gospel, Do your own research, but those are a good start. If your favorite Youtuber isn't here doesn't mean I hate them, you can add them in the comments This is really blew up, thanks everyone for their contribution to this list [link] [comments] | ||||||||||||||||||||
Info regarding moons and how to earn them. Posted: 28 Mar 2021 01:44 AM PDT Since we are many new people here i thought this would be good for the new people to know regarding moons. Basically you earn moons from Karma once a month but there is a few things that determine how much you will earn. Edit: Forgot the most important part! If you are on the reddit app go to your profile and activate the Moon vault! Iirc you can only do it on the app and you have 6 months to claim your moons in the vault. Post Karma - Each upvote/downvote has 1 karma, unless it is a meme or media, then it is 10%. Comment Karma - Each comment upvote/downvote gets 2 karma since the there was a proposal to make comments give 2x karma that passed. Karma limit - limit of 1000 karma per post or comment. When do you get the moons? - Moons are distributed every 4 weeks What is the current ratio? - The ratio normaly get lower each month for an example last one was 0.42 which means 1 Karma equals to 0.42 moons, the one before that was 0.52 and the one before that was 0.87. Proposal regarding moons that got accepted. 20% bonus : If you don't move out your moons, you get +20% on next distribution. 5% voting bonus : This one is passed but not official yet. If you vote on proposals, you'll get +5% on next distribution. You can also look up moons on Coingecko ( https://www.coingecko.com/en/coins/moon ) To see how much they are worth and where they are listed, and the total supply of moons that will be released (out of 250m around 60 is 'released') Edit: The ratio is dynamic and don't necessary have to get lower but considering it went lower the last 5-6 month i assume it will continue get lower. [link] [comments] | ||||||||||||||||||||
Posted: 27 Mar 2021 10:36 PM PDT So my Mum doesn't even know how to text properly or use more than 2 fingers on a keyboard at one time. Yet, she listened to me and believed me through my years of crypto ramble from 2015 till now. I found out today, she's turned $500 into $10,000 since 2018. I told her "just gamble on whatever is in the top 20, better than those scratch it tickets." She listened and did so and she has not seen a loss on any investment, an entire green portfolio. Meanwhile I troll news/pages daily looking for my next quick earn and I can assure you I've never profited in the way she 'accidently' has... Crypto is bizarre, beautiful and confusing. I love it and need to learn to listen to myself more often. [link] [comments] | ||||||||||||||||||||
Cardano (ADA) is now 4 days away from being 100% decentralized Posted: 27 Mar 2021 01:45 PM PDT Back in July 2020 the IOHK team deployed the Shelley update and set d, the parameter that governs what percentage of transactions are processed by the genesis nodes, to 1.00. Every five days since then ADA has seen an increase of 2% (additively) in community block production. ADA is currently 98% decentralized and is on course to reach 100% decentralization on March 31st. This means that the 1800 already existing community pools will be responsible for creating all new blocks. Congrats to ADA and the holders for trying to keep crypto true to its purpose. You can read more on this here: https://iohk.io/en/blog/posts/2021/03/04/not-long-till-d-0-day/ [link] [comments] | ||||||||||||||||||||
Posted: 27 Mar 2021 01:02 PM PDT
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Posted: 28 Mar 2021 01:33 AM PDT
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I'm sharing the code of my first crypto trading bot, so you can build your own Posted: 27 Mar 2021 09:29 AM PDT I have recently started coding my own crypto trading bots, as a way to remove emotional impulses from my trading strategy and have tested a few designs with various degrees of success. I have recently been testing this particular bot with different coins and got some interesting results. While it underperformed on Bitcoin, it actually came in profit during a week of live-testing on XLM. Here are parameters that I set for the bot:
And of course, here is a guide you can follow to build your own along with the open-sourced code: Guide: https://www.cryptomaton.org/2021/03/14/how-to-code-your-own-crypto-trading-bot-python/ GitHub repo: https://github.com/CyberPunkMetalHead/Bitcoin-Surge-Trading-Alpha [link] [comments] | ||||||||||||||||||||
Stop checking your portfolio: the statistics and psychology behind explained Posted: 28 Mar 2021 02:17 AM PDT This will be a boiled down argument for why you should stop checking your portfolio hourly, daily and even weekly - and what intense portfolio-looking does to you.
But if you check daily instead of per minute, you might be up 200/365 days. That's significantly up from 51/100. Now if you check monthly, you might be up 8/12 og 9/12 months (from the last month) assuming a 100% expected yearly return. (This is a high apy, but still applies to a low one, but let's be real, if ur in bitcoin you expect high returnand volatility) If you are a holder believing in bitcoin, you're better off checking as few times as possible since variances in prices on daily candles are insignificant compared to the long term, and what you are seeing is the outcome of randomness. When you factor in the psychology of loss and gain, your mental will lose every time when checking often. By checking the price monthly or twice monthly, what you see is bitcoins actual price movement and not the result of daytraders random results.
TL;DR: By checking your portfolio often, you're just checking the results of daytraders random outcome. Checking less often gives you a clearer indication of bitcoins actual price moment. Psychological principles say losses hurt more than wins gain - leaving your unconscious mood to be decided by daytraders is probably not in your interests when investing in bitcoin. Check less often for higher chance of being up from when you last checked to be affected less by random, insignificant price actions. This applies if you're a bitcoin bull in a bull market. [link] [comments] | ||||||||||||||||||||
Posted: 27 Mar 2021 02:47 PM PDT
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Mining Bitcoin on the Game Boy Posted: 27 Mar 2021 02:30 PM PDT
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Bitcoin Whales Explode, Move Over $2,000,000,000 in BTC in Just 24 Hours Posted: 27 Mar 2021 01:24 PM PDT
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Change my mind: NFTs are for money laundering and famous people Posted: 27 Mar 2021 07:52 AM PDT Everyone has $$$ in their eyes seeing how random NFTs are selling for huge amounts. If you want to get into selling NFTs, you need to: - Be a famous person like Jack Dorsey - Be a famous artist like Beeple - Into money laundering (all others) Regular people don't spend thousands of dollars for a link to an online picture (which disappears when the web hoster quits) and can easily be copied. Your NFT is generally not hosted on the Blockchain. The reason I'm posting this is because many people are paying upwards of $50,- in transaction fees to get their NFTs published only for no one to buy them. If you want to make money, invest these transaction fees wisely in crypto and you're more likely to earn money than selling your NFTs as a non-famous person. Edit: I do believe in NFT technology for property ownership, formal documents, etc. just not in the current hype with art and tweets. [link] [comments] | ||||||||||||||||||||
Friendly reminder that Uphold is fucking garbage. Posted: 27 Mar 2021 08:30 PM PDT Beware for you guys who are wanting to withdraw BAT from Brave to, or are using or wanted to use Uphold. - Customer service is absolutely disastrous. - Disables withdraws for random coins. It's said that Uphold disabled Nano withdraws. - High, un-transparent fees - Overly complicated KYC - Terrible back-end, users needing confirmation to withdraw but never receiving any Go to r/uphold and witness all the complaints against it. Do NOT use Uphold and Brave users, wait for Brave to decouple from it when their DEX is implemented. [link] [comments] | ||||||||||||||||||||
Why do people hardly upvote posts on here anymore? Posted: 28 Mar 2021 03:13 AM PDT I've noticed a significant downtrend in post upvotes lately, to the point where I've seen countless decent, useful posts with 100+ comments - yet they have zero upvotes. On pretty much any other sub, posts like that would definitely have got a reasonable amount of upvotes. What's causing this? Is this just people suppressing by downvoting? This frankly makes ZERO sense as so much MOON gets distributed each month across so many members, downvoting will make pretty much ZERO difference to your allocation! That theory is a waste of time. Maybe people are more precious with their upvotes, again it makes zero sense - upvoting helps people find quality content on this group - that is the whole point of upvotes. I'm going to actively start upvoting decent, original content - remember, that's the whole point! [link] [comments] | ||||||||||||||||||||
Posted: 27 Mar 2021 04:13 PM PDT Here is the official Exodus Wallet App: https://play.google.com/store/apps/details?id=exodusmovement.exodus Here are the scam apps. I've broken up the URL intentionally. Remove the spaces at your own risk: https://play. google .com/store/apps/details?id=com.exoduswallet.walletexodus https://play. google .com/store/apps/details?id=homme.freewallet.com What you can do:The Google Play store doesn't allow users to review apps that they haven't downloaded. If you don't feel comfortable downloading the apps in order to rate them, you can mark the legitimate reviews as "helpful" by clicking the thumbs up icon. You can also report the app without downloading it first. The fake Daedalus Wallet app wasn't removed from the Google Play Store until there were multiple posts made to spread awareness of the scam and to encourage others to report it. I'm asking you to do the same. How to protect yourself:
Stay safe and be sure to protect your recovery phrase! Remember: Any wallet that requires you to type in your recovery phrase is unsafe at best and a scam at worst. [link] [comments] | ||||||||||||||||||||
Saturday Night Live : What the hell is an NFT ? Posted: 28 Mar 2021 02:47 AM PDT
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Posted: 28 Mar 2021 01:15 AM PDT
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Be aware of the “monkey disease”: jumping from tree to tree at crypto until you fall Posted: 27 Mar 2021 03:07 PM PDT Here is a description of the symptoms. Everyday You find A new project and You wanna buy, and then you sell a good coin just to jump in the next. The good one that you sold soars and the one that you buy dumps because it was only a hype. You spend a lot of time at YouTube, 4chan and Reddit and you discover new GEMs everyday. You think that "this is your time" and jump to a new one. Your tree is never good enough, the other one has so much fruits and it's in front of you. You must jump. It's just bigger than you. I suffer from monkey disease and today I did not bought a new coin. A day at a time. [link] [comments] | ||||||||||||||||||||
Posted: 27 Mar 2021 09:46 PM PDT CityStates is a game in development that is going to issue in-game items as assets on the Stellar Network. Players will be able to trade resources, goods and in-game currency directly with each other on the integrated SDEX interface. You own the resources, goods and produce in the game as well as Heroes and their equipment. Everything in the game is issued as assets on blockchain. You can trade directly with other players on the distributed exchange, creating the first real and public player driven game economy. You can also sell your stuff for cryptocurrency and that way earn while playing the game. There is more resource management and strategy involved than in similar games and PvP is not simply "deploy and watch" but requires actual strategy. There are hundreds of armor/weapon combinations for the different types of troops to customize. True player-driven game economy by real demand and supply on distributed ledger technology (blockchain). Play2Earn is the new Free2Play. Pre-registration opening soonTM We know it's too bright right now, fixing it. Check comments for social media links and make sure to follow us. [link] [comments] | ||||||||||||||||||||
Another Crypto Has Changed My Life Story. This Time It’s Different. Posted: 28 Mar 2021 03:03 AM PDT I used to have a problem of waking up. I was feeling lazy, drowsy, bloated. But now thanks to crypto, I am sleeping only for a few hours, because the temptation of watching the charts is waking me up literally at night. I wake up and instantly I'm checking portfolio which leads me to being on the alert for the whole day. Not to mention that I lost some weight, because the money that went into a sweets and useless groceries, now are used to buy more crypto! The relationships between my family are way way better because of the fact and I don't have time to talk with them because I have the check the charts every minute. Thanks crypto! Now I see why they're saying you're solving the worldwide problems. [link] [comments] | ||||||||||||||||||||
Are there any good projects on BSC? Posted: 28 Mar 2021 01:05 AM PDT It seems like Binance Smart Chain is a victim of it's own success. The low transaction fees are great, but it also creates the best environment for scammer and rugpullers. Pancakeswap and Bakeryswap obviously have thier uses. As far as new projects go, the only thing interesting I've seen is BOG, who are about to roll out Limit Orders for Pancakeswap and have a few other interesting ideas. https://bogtools.io/limit-orders/ Any others I've missed? [link] [comments] | ||||||||||||||||||||
Why $8 Billionaire Soros is Investing in Bitcoin and Cryptocurrency Suddenly [A Short Article] Posted: 28 Mar 2021 12:48 AM PDT Opinions on cryptocurrencies are very far apart as of right now. It seems there are fewer people who consider this industry to be a bubble. George Soros is a notorious example in this regard. Earlier this year, he claims Bitcoin is a bubble. It seems that comment helped push the price down, which may have been the plan all along. The Curious Case of George SorosFew people were surprised when George Soros claimed Bitcoin is a bubble. In January of 2018, he described cryptocurrrency as a bubble and a misnomer. Moreover, Bitcoin can't be labeled as a currency because it's not a stable store of value. All of these comments hold some sort of truth, but they are not entirely factual either. The volatility associated with Bitcoin has been well-documented in the past. It seems the year 2018 brings us more of the same,. During the first few months, we have seen a lot of bearish Bitcoin price pressure. George Soros considers this to be one of the biggest drawbacks about Bitcoin. Even so, it is possible his comments are designed to purposefully drive the price down altogether. Wall Street players did not take kindly to the Bitcoin price hitting $19,000 late last year. Whether or not the comments by George Soros attributed to the price decline, is always a big question. It is evident Soros is often considered to be a guru became of his "strategic calls based on macroeconomic conditions". Even so, claiming Bitcoin is a bubble is perhaps the worst assessment of his career. In fact, it seems he did a complete 180-degree turn on cryptocurrencies altogether. The Cryptocurrency Investment DecisionNow that the Bitcoin price has dipped quite a bit, George Soros prepares to invest in cryptocurrency. This rather odd decision only fuels speculation involving price manipulation. Even though George Soros still considers digital currencies to be not "actual currencies", the volatility has suddenly turned him into a believer. Such a sudden change of heart is often part of a bigger agenda. For the time being, it seems Soros is quite happy with the way things are going for Bitcoin. With the big dip in place, it seems things may improve from here on out. He is not the first Wall Street mogul to invest in cryptocurrencies either. Alan Howard and the Rothschild family are taking very similar steps in this regard. It seems the interest in cryptocurrency is only growing, even among financial experts. The big question is whether or not cryptocurrency prices can rebound. Right now, it seems the situation is still brittle, as things can change pretty quickly. Even so, the bearish pressure has been prevalent for a very long time. Sooner or later, things will need to improve again. Bitcoin's price may very well return to the five-digit range in the future. How long that process will take, is anybody's guess at this point. [link] [comments] | ||||||||||||||||||||
Posted: 27 Mar 2021 01:25 PM PDT Hi folks! Back in february, I started in crypto with an initial deposit of $75. With some mistakes (like leverage trading for example) and some good moves ( Tfuel, fet, etc...) I managed to reach the 0.01 BTC overall account value! I'm proud, but I don't know if my friends would understand. So I brag a bit here! Next step, 0.1 btc! Edit: here are screenshots if you want :) [link] [comments] | ||||||||||||||||||||
Posted: 27 Mar 2021 10:14 PM PDT
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