Cryptocurrency PSA: The Proposal to move all Memes to a different subreddit has passed and now in effect (including this weekend) |
- PSA: The Proposal to move all Memes to a different subreddit has passed and now in effect (including this weekend)
- Daily Discussion - March 6, 2021 (GMT+0)
- Binance Extortion
- Thoughts after my first month with Crypto
- The power of Crypto
- Build an Emergency Fund before you invest in Crypto
- I am Richer than ever before, but it has changed nothing...
- Shrodinger's portfolio: As long as you don't check your portfolio, you're simultaneously both broke and filthy rich.
- EIP 1559 Officially Launching on Ethereum in July
- General misconception : you can not store your crypto on a USB or anywhere else. How it works :
- NFT platform for all the Onlyfans girls?
- PSA: Memes Are Now Banned
- Can we add a leaderboard for the top MOON tippers in this sub?
- Bitcoin’s next top could be between $75K and $306K, Kraken research suggests
- John McAfee charged with securities fraud for ‘pump and dump’ cryptocurrency scheme
- 5 Educational Resources That Will Level up Your Cryptocurrency Knowledge
- VeChain is no different from Binance Smart Chain
- "the transaction fees (paid in ETH) won’t go to miners; they’re burned " burning ETH would increase the price because it makes ETH more scarce. Instead of distributing fees to miners, that ETH is gone for good.
- Anti-poll to keep memes on this subreddit...
- As An "Essential" Grocery Worker Crypto Has Been A Lifeline
- CoinMarketCap Earn should be taken to justice
- Rise of Reef Finance is concerning
- How do I turn my 39 moons into a cheese burger?
- A More Equitable Approach To Voting Rules
- Jack Dorsey is currently selling his first ever Tweet as a NFT on Ethereum for $330,000 ATM
- Twitter CEO Jack Dorsey made the first-ever Tweet into an NFT - current bid is $100,000
| Posted: 05 Mar 2021 05:34 AM PST As most of you already know we had a community Governance poll to move all Memes to another subreddit r/CryptoCurrencymemes The poll has passed with 78.2% moon Votes in favor that summed up to a total of 7.7mil moons. Here is the link to see the full proposal: https://www.reddit.com/r/CryptoCurrency/comments/lw0f6q/proposal_to_move_all_memes_to_a_different/?utm_medium=android_app&utm_source=share From now on Memes will not be allowed on this sub even on the weekend, feel free to publish as many memes that you like 7 days a week at r/CryptoCurrencymemes If you want to learn more about Governance polls feel free to check my FAQ about it https://www.reddit.com/r/CryptoCurrency/comments/lwsdbg/the_great_faq_about_moons_community_polls/ [link] [comments]  | ||
| Daily Discussion - March 6, 2021 (GMT+0) Posted: 05 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:
Useful Links:[link] [comments]  | ||
| Posted: 05 Mar 2021 07:21 AM PST This is going to be a long thread with every event from last August on how Binance has stolen my grandfathers money, how they fuck you around, and why you shouldn't do business with them. Here we go. July 17th, 2020: Signed up on Binance, compeleted Basic verification. August 12th, 2020: Advanced Verifiation Successful Fiat Account Verification Successful Started Wire for $100,000 August 14th, 2020: Sent the wire of 100k from the bank Got an email saying they got the wire Go to login, and the account is disabled Got an email saying they accepted the wire Tried to reactivate and got an email saying
August 15th, 2020: Sent them an email asking why the account got disabled. August 17th, 2020: Got a reply finally which said
August 19th, 2020: We made the video and sent it in. This is in hindsight, a mess up on our part, as he sent the wire from his closed bussiness account, which is now a personal account to him. The assets of the company were sold, but obvisouly the bank account is still his. You don't sell you bank account with a business, that would make no sense since a dollar == a dollar. But this is what we replied with.
August 21st, 2020: Didn't hear from them, so we sent another email
August 24th, 2020: Got a reply from them.
August 29th, 2020:
September 1st: We sent the info they were asking for, can't show it for obvious reasons. September 11th: No reply still, so we sent them an email
Got an automated reply, as if they ticket got wiped out.
September 13th: Get an email from another automated reply
Septemeber 14th: Got a reply from them
***That is right, they asked for the same exact info we already sent them. This time we sent the same info, but explained how the bank account was his old bussiness.
Got a fast reply from them:
No clue why they are trying to send back money to a totally different bank account than where the money came from but we sent all the infomation to them for one of his personal bank account. September 15th: Got a reply
September 18th: Haven't heard shit back from them. Looks like it takes them over 3 days to read two sentences. Sent them an email
September 23rd: This is where big dog Biggs comes into play
We replied saying:
September 23rd:
October 4th:
October 21st: It took a little for my grandfather to get the information together, but we got everything together and sent it.
Response from them:
October 29th: Haven't heard anything so we sent them an email
November 1st:
November 5th:
Patient we we're for almost a month with no response November 22nd:
Well well well, you send them a nasty letter and they are right on top of it.
This dude is acting like he is here to help, and he had us fooled. Anyways we apologized for that email.
November 23rd:
whooo big relief, so we think... We replied with
Biggs replied
From here, we have nothing but problems trying to do a wire withdrawal. Sent him an email.
So we try it, and it's not working, we sent an email to him again.
His response
November 25th: Wire isn't working, tried a bunch of things but the confirmation email never gets sent to confirm and start the withdrawal.
November 27th:
His response
December 2nd:
Still doesn't work, sent him a reply
Stuck in limbo, I tried to so a wire withdrawal 6 times, different banks, and even different account numbers for each bank. Never worked.
December 6th: THIS IS THE REAL KICKER OF THE WHOLE STORY, GET A LOAD OF THIS SCHEME. A little background here. I didn't try to do ACH originally because my grandparents are scared of online banking. I sent this email asking about doing ACH and if it is alright, and in the mean time, convicted my grandparents to sign up for online banking with Washington Trust, since that was the only bank that they have that was on Biances ACH list. Mind you the account has been active now for a couple months, with withdrawals only enabled. December 6th:
NO RESPONSE AT ALL BUT THEY FUCKING DEACTIVED THE ACCOUNT RIGHT AFTER THAT EMAIL ASKING ABOUT AN ALTERNATE WAY TO GET THE MONEY OFF THE EXCHANGE December 7th:
2 months pass, with no response. January 3rd: Yet agian, the ticket got wiped.
January 6th:
January 7th:
January 8th: Sent them an email
January 11th: Sent them an email
January 13th:
January 18th:
January 22nd:
January 28th:
January 31st:
Agian another fucking new ticket number, really pissin me off.
Now we get an automated email about verification for a locked account? Makes no sense. February 9th:
And that brings us to today March 5th, with no response, account still locked, and they still have my grandfathers $100k. I have expressed my situation on the Bianance forum months ago only to be attacked by people on there, white knights and the mod Symbolic. They are saying I deserve it since he sent the wire from a business account. Really? Lets bring these greedy fucks to their knees. Fuck Bianace and fuck their BSC copy cat chain with no innovation. Just a CZ money grab. [link] [comments]  | ||
| Thoughts after my first month with Crypto Posted: 06 Mar 2021 12:52 AM PST TL:DR: I'm here to stay and watch this become the new normal. Also I'm honored to die trading alongside each of you, moonsters. Disclaimer: I've never traded anything, so this was a very raw thing for me. I had a lot to figure out & understand.
It all started on 11/1. My binance account got verified and I blasted $20 on my first purchase. Of course, bitcoin. I didn't even knew there were any other coins. $20 is a fair amount where I live, being a good share of the between minimum-medium wage I earn. I wanted it to grow, but I also wanted to have more of them to grow, so I started asking you guys what's the way. I became addicted from the very first purchase confirmation. Blockfolio was used so much that it drained 50% of my battery(and the phone's one), daily!
Sold the BTC for a small profit to see how binance works. With your advice I went on XLM, ADA, NANO and DOT. Then I started researching for free crypto. I found coinbase earn, coinmarketcap, faucets and others. My portfolio was high as a kyte from being such green. Even decided to quit smoking to have more for crypto. I was researching everything in every direction, 360°. News, whitepapers, reddit posts, devs AMA, blogs, youtube.. you name it, I've done it.
After a week decided to learn stuff only from this community, taking everything with a pinch of salt as advised. Mainly because everyone was shilling their bags out there, happens here too but not everytime. And boy I've learnt a lot. Then I wanted to give back, I felt in debt for this community. Made posts about wallets and coins, commented on as much newbie(or even veterans) posts about better ways, better possibilities and so on. Way long after I started giving back, I found out that for helping people you get rewarded again. So, people help you, you help others in return and you get yet again helped. Still confused if this is real. Yes, I'm talking about moons. You guys rewarded me for the help I felt the need to give back with 1500 moons. Almost my damn paycheck.
All in my first month. You guys are fucking legends, thank you for everything. [link] [comments]  | ||
| Posted: 05 Mar 2021 01:05 PM PST I got my first Moon! A fellow redditor on r/cryptocurrency was talking about selling his moons so he can eat. The power of Crypto allowed me to send him $50 in bitcoin from America to Poland in seconds! He's using the money to buy groceries and is able to keep his Moons :) this is a community! In return he gave me my first moon :) [link] [comments]  | ||
| Build an Emergency Fund before you invest in Crypto Posted: 06 Mar 2021 12:16 AM PST Financial basics because it might be useful.. Crazy shit can happen at any time. A pandemic, job losses, entire industry sectors halted, an emergency surgery, a major car malfunction, emergency travel, the list of things that we will experience sooner or later in life that affect our wellbeing and our finances is somewhat large. How can you best prepare and ensure that these risks are easy to manage and what can you do to trust in yourself that you can tackle them with ease should they arrive. As well as ensuring you're not forced to sell your hard earned and hard brought Crypto Assets. The ever sexy, emergency fund. This is money equal to your monthly expenses over time that is protection against sudden events and costs. It's step one from moving away from living paycheck to paycheck. It's like your savings that you really don't touch unless there's an emergency! Like a pandemic.. or job loss. Thankfully it's really easy to start and grow into it. Building an emergency fund of 1 month, then 3 months then 6 months of expenses. What do you spend in a week? What do you spend in a month? A one month E Fund is equal to one month of your expenses. Rent, food, car and phone payments, utilities, heck even your Netflix. Anything you spend in a regular month. Let's say it's $1000, over a month you spend $1000. So if you lost your job, having $1000 in the bank would last you 1 month. Create an account separate to your savings account, be sure to get a high interest savings account as close to 2% or higher if you can. Heck even open it at another bank where you don't have a card to access it. Remember this is for emergencies only! If you don't touch this for a year or more then that's awesome! How do you build that first month or $1000? Putting if you can save $100 into your emergency fund per week you'll be there in 10 weeks. Too much right now? Start at $50 a week, at that pace you'll be there in 20 weeks. The important thing is to get the ball rolling, $40 week 1, $50 week 2, $60 week 3, consistent incremental growth will help a lot towards your goals. What does a safety net and Security mean to you? How would stressing less about weekly money matters feel? **If you weren't worrying about your financial Security how would that look?** What would it feel like to know that no matter what happens to you, you've got a back up plan, or a 1, 3 or 6 month buffer that you can live on till things are sorted. Now it's important to note you don't have to sacrifice anything to get to this security, you can slowly and incrementally grow your emergency fund. However by building it faster you can reap the benefits sooner, how to achieve that? For this future, for this Security, is it worth a small short term sacrifice for you to receive longer term gain? Reducing your expenses now for the short term and redirecting that money to your emergency fund can grow it even faster to get you to that level sooner. Spending $100 on dining out, uber eats and takeaway a week or 2? Spending $100 plus on partying every couple weeks? Do you really need a $5 coffee every other day? One month is no time at all, we can do anything for a month. Why not build your first emergency fund in that month? $250 a week and you'll have it within the month!! The feeling you'll have from the security of one month expenses in your emergency fund will be like a breath of fresh air. Hopefully relax your stress about money and give you comfort that no matter what happens you have a buffer. Take that feeling and let it be a driving force behind your growth to 3 months of expenses in your emergency fund and maybe even 6 months. $5k as a backup for emergencies and a security feels even better than $1K. What happens then? Your safety net is there when you need it. Global pandemic happens? You've got 3-6 months of expenses covered to give you the space and time to work for a solution. And you won't have to sell your crypto. Lose your job? You've got 3-6 months of expenses paid for to give you time to find another. And you won't have to sell your crypto to make ends met. Your emergency fund accounts are not your savings, make another account for that. !!!***Do not use your emergency fund unless you really have too.***!!! Hustle, work hard, seek adventure and knowledge, build up your assets, build your savings, invest, enjoy life. I've seen too many friends sell their last $200 in crypto just weeks/months before it 10+xed because they had to pay rent. [link] [comments]  | ||
| I am Richer than ever before, but it has changed nothing... Posted: 06 Mar 2021 02:11 AM PST I started looking into crypto in October 2020. Corona was rough, im a student and i worked in a bar and restaurants before Covid hit us. Now i havent had a job in a while, actually since july. Neverthelless i always saved my money and thankfully so cause in october i made the best financial decision in my life and bought crypto, bags of top 50 coins mainly and stacked all of them that i could. Everything has mooned since, some more than other, some even by 1000%+ and i have never had this much money in my name. But nothing has changed. I still live the way i do, have the same lovely gf, have no pet dog, ride my bike to university or work when there is work and call my mom once every couple of weeks. I still cook for myself, except for once a week when we order out as a treat. Im happy and very hopeful for the future, and i think crypto will allow me to do the things i want in my life without having a financial barrier. The plan is still to hodl, and once i finish my Master degree this summer ( the tuition partly paid by crypto) i have a job lined up which will earn me good money. I will loyally DCA a chunk of that into crypto, and i will keep hodling on to it and possibly sell some alts for ETH and BTC. Thanks for everything cryptoverse and cryptocommunity 😁 HODL strong❤ [link] [comments]  | ||
| Posted: 05 Mar 2021 07:46 AM PST Well, to be more precise, if you seal your portfolio in a box that you cannot reach and hook it on an API to an exchange that triggers a "Sell" or "Buy" order that cannot be stopped, depending on whether a Geiger counter detects a decaying atom caused by a quantum event, as long as you NEVER check your portfolio, you are simultaneously both ridiculuously rich and completely fucking broke and you can enjoy living the life of both while those states are superposed. The sole act of checking your portfolio will naturally determine the outcome. Edit: Holy crap thanks for the plat! [link] [comments]  | ||
| EIP 1559 Officially Launching on Ethereum in July Posted: 05 Mar 2021 07:40 AM PST EIP 1559 has now been officially confirmed for Eth's July London update. That means more predictable and lower fees for users, and it will introduce a BURNING mechanism that will burn part of the transaction fees on the network in ETH. That could very well mean ETH could see serious deflationary pressure (comparable to bitcoin's if not moreso) as early as July. The increasing growth of DEFI, DAPPS, and transactions on the network coupled with the scarcity introduced through burning could make ETH a comparable or better store of value than Bitcoin. To put it in perspective, if EIP-1559 was live yesterday, it would have burned approximately $26M worth of ETH or roughly 17,000 ETH. Annually that equates to over 6.2 million ETH burned a year at the current rate. That is significantly more than the new ETH being created and would therefore make ETH deflationary Essentially, this could mean new ETH created could become more valuable than new Bitcoin created. Stock up while you can. [link] [comments]  | ||
| General misconception : you can not store your crypto on a USB or anywhere else. How it works : Posted: 05 Mar 2021 05:33 AM PST I was surprised by the amount of people asking: 'how do I store my bitcoin on my USB?' or 'How do I get my crypto off the network?'. Basically, you can not do that. Here is how it works : Crypto never leaves the network on which they are. You can not physically store Bitcoin or any crypto on a USB, You can not store Bitcoin (or any crypto) on any device. Every crypto stays on its network. Ok. So how does it work? If you buy a crypto, the first thing that you want to do is to put it in your wallet. To create a wallet, you need first to create your private key (the one that you should never give away). And this private key will generate an address on the network. Then, you can put your funds on this address, (thus, in your wallet). Hence, despite being in your wallet, at the end, the funds are (and will always stay) on the crypto-network, on your address. So, basically, a wallet is just a software, a window allowing you to communicate and interact with your address (and, with your funds on the network). With every crypto, everyone can see your funds. You just need a simple address. Go check by yourself on BTC explorer for instance: you can check everyone's funds! But, except checking someone's funds, there is not that much that you can do. Why? Because to control the funds, you need the key. Remember the wallet, this piece of software which allows you to interact with your address? To access it, you need the private key. The private key unlocks the address and allows you to send the funds. Think about it like your house: everyone can know your home address, where you live, They can see your house (from outside). Does it mean that I can enter in and get access to what's inside? No! For that, they need the key. And it's the same for every surrounding house. A crypto network is like a town with many houses, each of those houses containing more or less furniture. And, you can only move furniture from one house to another. You can not leave the furniture in the street and you can not store those furniture on a USB. It doesn't make any sense! The furnitures have to be inside a given house. And, the only way to move furniture from one house to another is to have the key to a particular house, unlock it, and use special guys called miners to send your stuff from house A to house B. You then understand that in order to control the funds, you need the private key. And this is what people store on their USB, paper wallet or Ledger device : THEIR PRIVATE KEY. And, If right now, I could get access to your private key (no matter where I'm in the world), I could hypothetically use this key (your key!) to log on the wallet and get access to all your funds. Exactly like if you give me your password from your bank account or the key to your house. Ok great... But what about hard wallets? Each crypto requires to install a wallet (and thus to further create Private key). So, if you start to diversify (like most of us) and end up with 25 different cryptos, it will quickly become a burden to safely store all of those different keys...Also, leaving your private key unprotected on your computer or typing it on a computer connected to internet is dangerous. Hackers might be able to see what you are doing and thus, steal your key. This is where hard wallet such as Ledger Nano or Trezor come into play. A Hard wallet safely store all your keys and will never let them touch the internet. It requires you (more accurately, your little fingers) to push physical buttons on the Ledger. No hacker can hack your hands. It also automatically manages all your private keys. Indeed, it randomly* generates a MASTER KEY. ***TAKE A DARK VOICE *** : A MASTER KEY TO RULL THEM ALL... which will be used to create all the private keys for your coins. This is a 24 words sequence that you need to store safely. This is the key to all your private keys. If your Ledger get destroyed, buy a new one and enter those 24 words. It will regenerate all your crypto private keys that offer you control on your assets. * Random*? Yes, because it is important to know that computers can not generate random stuff (a computer doesn't have a will and it's everything but random). So basically, they can't pick random numbers. Then, how the Ledger does generate a random key? Simply put : when you first switch it on, it will capture the electric noise inside itself and it will put a huuuuge number on this value. This number will be used to create the master key (those 24 words). Because the electric noise is extremely variable and will never be the same ever, your master key will be unique and 'randomly generated'. So, basically, your 24 words are the representation of the electric noise signature that was captured when the ledger was first switched on. No one will never be able to guess it or generate the same. And I will repeat this point : to control the ledger (so the master key and the associated funds), you need to push physical buttons on it. No hacker can hack that because you need a physical finger to push it. You can not hack the finger of someone to push a button! So, it's ultra safe. So, what are the worst things that can happen? First : your ledger get destroyed and you didn't properly back up your 24 words. Then your funds are lost. Second : The Ledger company gets hacked (what happened few months ago). Hackers will never get access to your master key (cause as I said, it was 'randomly generated' when the hard wallet was first switched on and the Ledger company doesn't know it). But they will have access to some of your personal infos : name, address, email etc. So at best, you will receive phishing email. Never give your key to anyone. Ledger will never ask for your key. At worst, people might break into your house to steal your 24 words. So store your key safely! I hope this helps to clarify things for newcomers. TL;DR : If you are new, you should take 5min to read that. If you are an advanced crypto user : go on your way :) Edit : Syntax and typos. Sorry for that :s [link] [comments]  | ||
| NFT platform for all the Onlyfans girls? Posted: 05 Mar 2021 05:55 PM PST We are all seeing NFTs take off and personally it reminds me of the pog trend. I like collectibles and even collect rare coins myself. How long do you think it will take for NFTs to make it into the porn industry? Does such a platform already exist? Should I start one? [link] [comments]  | ||
| Posted: 05 Mar 2021 11:33 AM PST Never again should memes be posted on /cc, just a friendly reminder that if you do it's Gonna be removed, and you don't want that. Bring them over to /CCmemes or Give it some thought and craft a quality post. There's a ton of great topics. You won't regret it, not only will you benefit, but so will the community. Up vote those quality posts and down vote the reposts. Never is a long time, but remember that these things can always be changed, someone is Gonna create a proposal soon enough to try and roll things back in some manner. Let your Moons be your voice and vote in the polls! You can help the direction of this subreddit. Remember, up vote the good and Down vote the bad. Never have I seen a subreddit operate with proposals like this and I think it's Gonna spread to other subreddits. They'll see what's happening here and take the ball and Run with it. It's bound to happen and soon enough we'll see it all Around – just like the adoption of crypto, defi, And NFTs – the future is bright for community-based decisions. Desert the community and their wishes and You will no longer see the same community. [link] [comments]  | ||
| Can we add a leaderboard for the top MOON tippers in this sub? Posted: 05 Mar 2021 11:55 PM PST I think it would be a cool idea (if possible) to add a leaderboard of the users that have tipped the most moons, or even an (optional?) icon with the amount tipped by the user historically. IMO a compelling use-case of MOONs is to give back to "creators" whose content you value, whether that be informative posts or comedic ones. It can be kind of like the BAT token brave browser has, which is supposed to do that more broadly for creators on different platforms. Obviously I think many users would continue to just hold their moons and never donate, which is perfectly fine, but nevertheless implementing a leaderboard could encourage more tipping. Update: as commented below, here are some initial thoughts on what might count as a tip, but I'm sure more cypto-savvy members of this sub can come up with better proposals than me.
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| Bitcoin’s next top could be between $75K and $306K, Kraken research suggests Posted: 05 Mar 2021 08:15 PM PST
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| John McAfee charged with securities fraud for ‘pump and dump’ cryptocurrency scheme Posted: 05 Mar 2021 10:22 AM PST
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| 5 Educational Resources That Will Level up Your Cryptocurrency Knowledge Posted: 06 Mar 2021 02:58 AM PST These resources will help you understand alot about crypto. Check them out. 1. TokentuberTokentuber is a video streaming platform making a concerted effort to better educate its audience on all things crypto. It's formed an alliance with a growing number of cryptocurrency exchanges to integrate a quiz that pays users to demonstrate their knowledge of digital assets, and to be duly rewarded with tokens and a certificate of achievement. 2. Cointelligence AcademyIn addition to providing unique market data on cryptocurrency exchanges and digital assets, cointelligence runs free weekly seminars on all things crypto. Sessions are broadcast live on Youtube every Thursday at 4pm UTC, with an advance schedule detailing forthcoming topics. Blockchain agnostic and about as impartial as it gets, Cointelligence Academy is well worth your time. 3. Earn.comEarn.com, which was purchased by Coinbase in April 2018, has ramped up its crypto focus, with many of its incentivized tasks now relating to blockchain projects and rewards paid in BTC. However, for the chance to grab more than just a few dollars of crypto at a time, Earn at coinbase offers a range of cryptocurrency-specific courses with payment in the cryptocurrency for which the tutorial is based. For example, the course on DAI pays $20 worth of the stablecoin for the successful completion of all modules, while the course on EOS pays $50 of EOS tokens. In most cases these rewards are spread across a number of lesson modules such as 'Lesson 1: What is Dai?' ($2) and 'Lesson 2: What is DAI used for?' ($2), so it will take time and effort to earn the full amount offered. That's the bad news for anyone looking to earn crypto quick rather than treating the rewards as a learning bonus, but the site is currently offering up to $130 of payments across a number of tutorials and currencies, making it one of the most lucrative learning opportunities in the cryptosphere right now. 4. Binance Academythe educational division of Binance, the largest cryptocurrency exchange by trading volume. Unlike Token Tuber, Binance academy has not gamified this content to incentivize participation, but instead offers it as a free resource. Content has been sorted into five categories: blockchain, security, economics, tutorials and video, and is characterized by deep, original research complemented by clean presentation that aids learning. Another neat feature of Binance Academy is that every article comes with an estimated time to read as well as an audio transcript. The audio transcript is clearly computer generated, but the technology is sophisticated enough that the synthetic voice isn't overly distracting. 5. Captain BitcoinSimilar in concept to Token Tuber, Captain Bitcoin hosts video content and offers financial rewards for the completion of designated tasks. In the case of Captain Bitcoin, those rewards are activated by a referral competition, boosting the profile of the site toward its target of 100k users before launch. Right now Captain Bitcoin is offering $15,000 in BTC for users who help to build the community as well as 1,000 captain tokens for each successful referral. In future, the site intends to give away $1,000 in BTC daily, with users qualifying by watching at least two videos every day. At the moment, the site is in its pre-launch phase, so it isn't currently possible to stake a claim to the prize pot, since the required video content does not yet exist. As it stands, Captain Bitcoin remains an intriguing concept that could incentivize greater content engagement while boosting learning. Conclusion. You need to learn much about this space to help you maximize the benefits in crypto. Go through this resource to help you enrich your knowledge. [link] [comments]  | ||
| VeChain is no different from Binance Smart Chain Posted: 05 Mar 2021 11:22 PM PST Both are centralized dPoS forks of Ethereum which sacrifice decentralization for scalability, but only one is criticized. BSC has 21 validators presumably all under the control of Binance. VeChain has 101 validators which were all chosen by the VeChain foundation. This number can never increase, nor do economic nodes contribute to network consensus in any way. Since 2018, less than 5 node operator identities have been revealed, completely undermining the reputation-based consensus mechanism. By attaching a reputation to identity, validators are incentivized to uphold the transaction process, as they do not wish to have their identities attached to a negative reputation. Cryptocurrency is supposed to be trustless, yet we are forced to trust that a centralized entity (VeChain foundation) does not retain control of a network that is already incredibly centralized by design. [link] [comments]  | ||
| Posted: 06 Mar 2021 01:25 AM PST
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| Anti-poll to keep memes on this subreddit... Posted: 05 Mar 2021 03:12 PM PST Instead of going completely nuclear on memes why don't we just try to scale back the memes to just on Sundays? I mean FFS the only posts I see on Sunday's right now are memes and "bloody Sunday" posts, why not keep it that way? In 2018 memes were the only thing on this sub that actually put a smile on my face. Memes are consistently the lifeblood of adoption. Look at how many people we got to join this sub during the Doge coin meme craze last month!! It's an insane thought to want to get rid of them. Meme posts are the backbone of Reddit, and to completely remove them from this sub makes me feel icky. Are we all really that pretentious that we all collectively hate meme weekend and would rather never see memes again than to just not look at the memes? You all really would rather spend your weekends the same way you spend your weekdays on this sub? Just sitting there reading the same shill, FUD, no quality CoinDesk links... I say nay! Keep the memes! Keep cryptocurrency cool! Keep cryptocurrency fun! All you fun haters can just go outside on the weekend if you really don't want to see the memes! or y'know just use a filter on reddit to only sort by OC... [link] [comments]  | ||
| As An "Essential" Grocery Worker Crypto Has Been A Lifeline Posted: 05 Mar 2021 06:44 PM PST At the start of the pandemic we were made to feel very important as grocery workers. Most of us were given hazard pay and the initial heros relief package included up to $25K in hazard pay for frontline essential workers. We were overworked, anxious, and exhausted but there was hope that we could change our lives with that money. Unfortunately that hope quickly faded as $25K changed to $5K and then ultimately $0. The company hazard pay didn't last long either. Upper management ignored capacity limits and the store was flooded with customers. We received notifications about new cases at our location on a near daily basis. Most of my coworkers stopped coming in and those of us who remained were expected to take on additional workload without additional pay. One of my coworker's parents passed away. Another coworker committed suicide. Things became dark very quickly and it still feels that way at times. Fortunately a few of my coworkers and I decided to take what little bonus money we received and put it into crypto. It gives us a sense of renewed hope to know that one day we might actually get that $25K. Actually it's more a feeling of excitement than hope because we're doing our research and making smart moves and are confident that our investments will pay off. Anyways just wanted to share this perspective and vent a bit because I've been feeling especially down and forgotten about at work this past week. And please be kind to your local grocery/restaurant workers and understand that many of us are still stretched thin and near our breaking points. One kind word or compliment versus a complaint over something we likely can't control makes a world of difference. [link] [comments]  | ||
| CoinMarketCap Earn should be taken to justice Posted: 06 Mar 2021 02:09 AM PST I saw on this subreddit, and in many other crypto subreddits, that a lot of people did not receive their rewards from CMC earn. For anyone that saw the videos (allegedly), answered the questions, and took the time to be there, it is preposterous to receive the rewards. I posted on the CMC subreddit, and no answer or explanation was given, only A LOT of other people complaining that they did not receive the rewards. After looking for just a little bit, I came across this section on the CMC Earn page, where it confirms that the distribution has been completed, but only a small portion of people who completed the quizzes have been rewarded. The problem is that CMC states this:
But then they don't stick to their word. There is no statement saying, for example: "You might be too late to get the rewards, but we still recommend you getting educated on this coin.", leading this to be a misleading promotion overall. Making this post to bring awareness to the misleading program that CMC earn is, and maybe avoid a lot of you to waste your time watching the videos, and answering the questions, to then not get rewarded. I would definitely recommend Coinbase's earn program, as that has worked flawlessly for me, and is highly rewarding. Have a great weekend. [link] [comments]  | ||
| Rise of Reef Finance is concerning Posted: 05 Mar 2021 07:13 PM PST I posted a while ago about how reef finance has some red flags for being a scam. https://www.reddit.com/r/CryptoCurrency/comments/lngdk3/potential_scam_reef_finance/ I'm seeing that it's market cap is nearing 500 million, with alt coin season coming, it may keep growing, which makes me wonder if we are just about to witness one of the top scams in crypto. I can't tell people not to invest in reef, but just check out their Dapp before you do. It's basically empty. Compare that to 1inch which also has a cap of ~500million. It has a real use & great interface which you can tell that the team has put work into. [link] [comments]  | ||
| How do I turn my 39 moons into a cheese burger? Posted: 05 Mar 2021 10:01 AM PST I'm sitting here waiting desperately for this stimulus check to come through and for an under the table job to pay me.. (could take a while). And i noticed i have 39 moons. Is there any quick way to turn this into food money? Would be really helpful today. Edit: thanks everyone im going to get a nice burger with fries on monday [link] [comments]  | ||
| A More Equitable Approach To Voting Rules Posted: 06 Mar 2021 02:25 AM PST Under current voting rules, someone with 10k moons has 100 times the influence as someone with 100 moons. That is hardly democratic and it means the majority of users here do not have a voice. It also means that a handful of top holders can decide the outcome of any poll. This proposal aims to find a balance between giving respected users appropriate voice and giving less active users a meaningful say. In order to accomplish this, the usage of a natural logarithm function to scale each user's vote is proposed. For example:
As a result, if you have 10 times the number of moons as another person, you have 1.5 times the influence, not 10 times the influence. Under this voting regime, decision thresholds would not be altered and would continue to be based on total voted moons from prior polls. To pass the decision threshold, a simple sum of all voted moons in a poll would be used, however, the winning decision would be based on the logarithmic scale of influence as illustrated above. [link] [comments]  | ||
| Jack Dorsey is currently selling his first ever Tweet as a NFT on Ethereum for $330,000 ATM Posted: 05 Mar 2021 11:45 PM PST | ||
| Twitter CEO Jack Dorsey made the first-ever Tweet into an NFT - current bid is $100,000 Posted: 05 Mar 2021 05:35 PM PST CoinDesk article I just saw mentioned it was noteworthy because it's one of the first 'high-profile' investments in Ethereum (rather than BTC that Elon Musk et al. have bought into). link to the listing https://v.cent.co/tweet/20 Can't wait to see how much it sells for [link] [comments]  |
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