Cryptocurrency New process for governance polls affecting subreddit rules and moon distribution |
- New process for governance polls affecting subreddit rules and moon distribution
- Daily Discussion - April 2, 2021 (GMT+0)
- I want to take a moment to thank the courageous and brave people who buy at the top of the market.
- Bitcoin maximalists are toxic as hell and seriously ruin the vibe for newcomers.
- 7 years ago~ Winklevoss Brothers Said Bitcoin Will Be Bigger Than Facebook. They Were Right.
- Morgan Stanley has officially filed with the SEC to buy bitcoin! (NOT april fools!)
- Mark Cuban on his cryptocurrency portfolio: ‘I own a lot of Ethereum because I think it’s the closest to a true currency’
- If you’re a beginner and you have a question that you fear is a stupid one, ask me in the comments.
- Marijuana supply store accepting bitcoin, what a time to be alive
- Bear market indicator - Paris Hilton Is "Very, Very Excited" About Bitcoin
- BEWARE: Cook.Finance is 100% a scam. These are the simple reasons why.
- Another sign we are still very early as investors: most investment/finance subs on Reddit are still VERY hostile towards crypto, and they are either auto-banning or instantly downvoting any post related to cryptos.
- My Friend keeps Losing Money on SHITCOINS.
- Coinbase anticipates that its Class A common stock will begin trading on the Nasdaq Global Select Market under the ticker symbol “COIN” on April 14, 2021.
- Yes Bitcoin Maximalism is toxic, but going to /r/bitcoin to talk about your altcoin gains is like going to /r/playstation and telling everyone how much more fun your Xbox, Switch, and gaming PC bring you instead of posting in /r/gaming.
- HOLDING Doesnt Always Work??? "Sound Advice" doesn't always work either.
- My bank is currently advertising direct bank deposits. International Money Transfers from your account to someone else's across the world. After reading their terms I am even more convinced crypto could be the way of the future.
- Finally buying my girlfriend a ring using crypto profits!
- Cardano gang is getting is getting out of hand. Learn tokenomics please.
- I like that the information come from me directly. I am now an official candidate for the second most powerful position in New York City. If someone want to write something about all the Bitcoiner running for a city position in New York city, ping me!
- BTC soon to die for the 403rd time since it's creation.
- Where do you think we are on the journey to mass adoption? My take based on the Diffusion of Innovation theory. Links to resources provided.
- JPMorgan Adjusts Its Bitcoin Target to $130,000, Predicting Strong Institutional Adoption
- I can't look at crypto anymore!
- ICON (ICX) officially has joined the Polkadot (DOT) ecosystem!
| New process for governance polls affecting subreddit rules and moon distribution Posted: In the interest of not having a dozen polls for each round of MOON distribution (many of which simply can't or won't be implemented by admins) as well as just formalizing the process a bit, we are going to try a new process for taking an idea from a spark to a fully developed proposal that is voted on by the community. This is something that may evolve over time, but this is how we are planning to begin. These rules will apply to both subreddit rule change proposals as well as MOON distribution proposals. Steps to go from idea to new rule/distribution:
If you're interested in subreddit governance with respect to rules and/or MOON distributions, please consider subscribing to /r/CryptoCurrencyMeta so you will be apprised of latest ideas and discussions. [link] [comments]  | ||
| Daily Discussion - April 2, 2021 (GMT+0) Posted: 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]  | ||
| I want to take a moment to thank the courageous and brave people who buy at the top of the market. Posted: Some people might refer to it as the dumb money, or the fomoers. But the reality is the only reason the value of a currency goes up is due the brave people who take the risk to buy in at the riskiest points in the market. If these people didn't exist cryptocurrency would never have taken off the ground. And those of us who have accrued life changing monetary value in this market have these people to thanks. They are the heroes we need, but they are not the ones most of the market deserves. To the brave people who buy at the market top, we salute you, and i pledge to do my best not to let your investment lose too much value in the short term so we can all come out on top on the long term. Thank you and good night. [link] [comments]  | ||
| Bitcoin maximalists are toxic as hell and seriously ruin the vibe for newcomers. Posted: Bitcoin maximalists are people who believe Bitcoin is the only cryptocurrency that will succeed and call all other coins "shitcoins". They degrade and insult any newcomer that shows even a little bit of interest in any other altcoin. They call people holding anything other than Bitcoin "shitcoiners". Really? Absolutely no other technology will have any utility other than Bitcoin? Nothing? Smart contracts have absolutely no value? The fact that you can have programmable money has no value? DeFi and providing liquidity to millions of unbanked people has no value? NFTs have no value? Come on. I think this is a very closed-minded and insecure mentality. It really feels like a cult. If the slightest mention of any coin other than BTC triggers you so much that you have to resort to name calling, it's really telling of your intellect and position. I think it's hilarious that you can't even admit some of the obvious shortcomings in Bitcoin and some of the innovations of other coins. "Peer to peer electronic cash". Lol. There is such a vast ecosystem out there and this cultish behavior just stifles adoption and scares away a lot of newcomers. Don't get me wrong, I'm not saying Bitcoin is bad or will fail- I love BTC and want it to succeed. I'm just annoyed at the closed mindedness and cultish behavior. This is not a zero-sum winner takes all game. Multiple coins can exist and serve multiple use cases. These people are mainly notoriously active on Twitter and a new social media app called Clubhouse. The recent drama with Lex Fridman really opened my eyes to how toxic this community is. I think Lex is a great guy who often spreads love and positivity and they even managed to vilify him lol. I would love for the cryptocurrency community to be much more accepting and put forward thoughtful arguments instead of resorting to insults. tl;dr - Bitcoin maximalism is a toxic insecure cult that can't handle any other coin seeing success and they spread unnecessary negativity in the crypto community. Edit: lol some butthurt people are downvoting this thread and all the comments under it hard. [link] [comments]  | ||
| 7 years ago~ Winklevoss Brothers Said Bitcoin Will Be Bigger Than Facebook. They Were Right. Posted: 2014 - April Facebook market cap: $155 billion Bitcoin market cap: $5.69 billion 2021 - April Facebook market cap: $851.857 billion Bitcoin market cap: $1.107 trillion Hey hey heeeeeeeey Zucky, how are you? People always said that you should never trust the guy who is going outside only with his identical twin. Seems like Winkles got it right. This is not April joke. [link] [comments]  | ||
| Morgan Stanley has officially filed with the SEC to buy bitcoin! (NOT april fools!) Posted:
 | ||
| Posted:
 | ||
| If you’re a beginner and you have a question that you fear is a stupid one, ask me in the comments. Posted: I usually see people in this sub bashing newcomers because they ask stupid questions and this usually leads to them being too scared to ask anything. So if you are a beginner and you have a question that you fear is a stupid one, ask me in the comments and I will explain them to you without judging you. Also before asking, check the preexisting comments. [link] [comments]  | ||
| Marijuana supply store accepting bitcoin, what a time to be alive Posted: I was buying big buckets to grow my weed in and I noticed on the door of the store that they accept bitcoin, we've truly come full circle from bitcoin being a thing you use to buy illegal drugs online to bitcoin being an acceptable currency that you can use at a store to buy legal marijuana products (Canada) [link] [comments]  | ||
| Bear market indicator - Paris Hilton Is "Very, Very Excited" About Bitcoin Posted:
 | ||
| BEWARE: Cook.Finance is 100% a scam. These are the simple reasons why. Posted: Look into this yourself and then please go ask them about these issues in their telegram channel. Ask enough questions and you will get banned. Earlier today i was told to purchase Cook.Finance, that is about to "take off" to the moon. I googled it and went to their website mainly to view the team. The entire team went to great schools and show great careers on linkedin. So i decided to google them to see if I could get any more information about them. You cant. They do not exist. After the second or third person bringing back nothing i decided to check and see if any of them had actually graduated from the University they claimed to have attended. None. Not a single person on this Cook.Finance team had graduated from the University on their linkedin profile page. I assume they never attended because again they do not exist. The next thing to do was to reverse image search their linkedin profile to see what social media website it came from. Guess what? The reverse image search for every single team member returned nothing. It did not even return the linkedin profile picture i was searching. This almost certainly means the profiles were created recently and the crawler has not gotten to it yet. Either that or its a massive coincidence that not a single person on the team has had the crawler hit them over many years and every single one of them used a picture that has never existed before on a social media website. Those first two things alone are pretty damning themselves but I wanted to see what people directly tied to this coin would say about that so i visited the telegram channel which is by far the most active "community" for this coin. I went in and told them that i had reverse searched the profile pictures and gotten zero hits and also that it appeared that not a single one of them had actually graduated from the university they had on their profiles. I WAS BANNED. They banned me for asking those two questions. Someone responded to me "let me check" and a couple minutes after that i was banned. I can post the screen shots of the questions as well the account no longer able to access the channel. This coin is 100% a pump and dump scam. EDIT: very minimal edit. i noticed that a couple of the teams linkedin pictures return their profile link to linkedin. However, there are still a number that do not return anything. This does not change my view [link] [comments]  | ||
| Posted: I have ventured into investment/finance subs to try to share an investment thesis about Ethereum and Bitcoin that I have been working on. Every single sub except one (I can't name it here because its against the rules) has been incredibly hostile and/or completely unwilling to even consider the possibility of allowing handpicked quality content posts about crypto. I also got banned from Reddit's most popular investing sub earlier today after posting a request to remove the blanket ban for cryptos. I was very careful to be as respectful and empathetic to the mods prior decision to enact a blanket ban, but the mods were very hostile. You can view the exchange I had with one of them this screenshot (he banned me after my last comment). Some users showed interest, but the overall animosity level against cryptos is quite ridiculous, and in retrospect these mods will have to do a lot of explaining to their users if crypto continues their journey into becoming a major asset class. EDIT: I am including the post that got banned below for those thinking that it was mindless shilling or juvenile in any way. Just to be 100%, I had already talked to a mod before posting a request to lift the ban from crypto posts (notice that he specifically said that purely crypto posts were NOT allowed in the sub). I also pointed this out to the second mod that I was talking to that ended up banning me. No Nonsense Investment Thesis for Ethereum and BitcoinHello, I would like to share with this community an Ethereum investment thesis I have been working on for several months now. I am aware that cryptocurrencies are a very controversial topic, but this is a good resource if you are curious about learning more about Bitcoin and Ethereum. The thesis covers some of the basic concepts and value proposition for Bitcoin, but it expands on a full blown technical, economic analysis and practical analysis of how Ethereum relates to it. These are the main points of the thesis:
TLDR: Bitcoin and Ethereum are legitimate assets competing for capital allocation with each other as well as traditionally monetary assets (namely gold, bonds, treasury notes and fiat currencies). Their upside potential is vastly superior to any other asset that has come before them. They are risky assets, but a modest allocation can be part of a hedging strategy for any portfolio. [link] [comments]  | ||
| My Friend keeps Losing Money on SHITCOINS. Posted: and there's no stopping him. I'm not here to talk bad about him personally but more so his Trading habits. A few years ago he begged me to teach how to buy crypto. He lost 80% the first time around during the 2018 crash when he cashed out to save what was left. He was down about 16K. But he asked me before he cashed out... Should I hold it? Are you holding?Me: personally I would hold, and yes I'm holding His response... Oh...ok, well I'm cashing out. Why even bother asking ? So he waits until last month to get in. KEEP in mind basically everything is up from then and at worse only a little loss. FAST FORWARD today...He someone managed to be down 90%. Worst of all he dumped another $20K into it. I said, HOW THE FK did you manage to lose that much??? What the fk did you buy?? He's says, Uhhh bruh!, I bought this G999, and if was up double in 3 days, then it tanked so I switched it up and bought some other shit What did he buy now?POODL🐩. Yeah...I said it. POODL !!!! Because he heard someone on Satoshi Street Bets shilling it. Now he down a total of 95% This is how bad it is. He originally bought Luna as a long term HODL. Told me, This time I'm gonna be smart with it, you were right However, he literally couldn't hold onto it for more than 2 days...after it was up 10%!!!! He thought he could be day trade master. This guy has a doctorate in physics too. I KID YOU NOT! But a complete Baboon when it comes to Crypto. I care about him but... But I'm done trying to steer him to a more stable direction. Life lesson : People will only change when they want to. [link] [comments]  | ||
| Posted: | ||
| Posted: Title. This thread is best viewed on nm.reddit.com or old.reddit.com.TL;DR - Play with a simple lightning bitcoin wallet (like actually USE your BTC), then ask "Why is ___coin better?" or "What can it do better than bitcoin on lightning?" and then ask the question, "Should I talk about another coin in the Bitcoin subreddit?" and /r/bitcoin mods allow users to break some rules some times, but others not so much. We won't ban you here for discussing altcoins or your bad takes. My personal position, from me alone. The problem isn't just in /r/bitcoin. /r/bitcoin mods don't always follow their own rules, but no one is perfect. My own position on the crypto market. EDIT reason: formatting on the final paragraph. EDIT 2 reason: justification of altcoin price action in the first paragraph after the TL;DR. EDIT 3 reason: formatting of the penultimate paragraph. [link] [comments]  | ||
| HOLDING Doesnt Always Work??? "Sound Advice" doesn't always work either. Posted: We hear "Sound Advice" way more than we need to. The cold truth is that traditional sound advice doesn't hold a candle 🕯️ next to holding. Many people who get into crypto start off with rags. $100-$1000. I started off with rags too. Late 2016 with $500. Sound advice such as...
That advice isn't RAGS TO RICHES. It's not. Sounds investment advice works for substantial initial investments $10,000-$100,000+ But the reality is that most people have less than a thousand to start off. Take your initial back after 200-300% ROI?Continue to shave off the top for passive income??? Go ahead. What's that? You were able to buy a $1000 Iphone with it? That's cool. I guess you were also ok with a possible 100x on your initial getting chopped down to a 30x? and now instead of going LAMBO, you only went DOWN PAYMENT LAMBO. but but but...You never know you can be holding something that tanks and if you don't take back your initial, you can lose it all. THEY DONT KNOW EITHER! That's the name of the game...
But you'll never turn RAGS to RICHES if youre not holding anything Most people aren't in a country where $1000 buys more than a years worth of food. No, we are in countries where $1000 doesn't even cover rent for a month Little $1000 here or there isn't going to change your life. It's rags. Think about something called Time. It's a great concept... IF YOU HOLD JUST ABOUT ANYTHING NOW, Pass it down to your descendants...in 100-200 years it's going to worth more. Anything from 200 years ago has gone up in value. Guns, books. Especially bibles. Totally bullish on bibles. What a perfect combo that represents our history... Guns, and Bibles. . Even iIf you kept a body in ice that long ...it would be in a museum. For Medical studies it's worth a fortune. Even Tulips. If YOU contained a tulip from the Tulip craze in 1636... It would probably be worth $1,000,000. Even if Bitcoin drops dead now... In 200 years if you had one, it would be antique. A significant moment in history captured. Yeah so HOLDING works more times than it doesn't. HOLD (Not investment advice) [link] [comments]  | ||
| Posted: I just sat down after a long work day, my pay check just cleared and I want to invest some more money into crypto. I open up my bank app to check my balance and move some money around before I notice a Direct Bank Deposit option that's apparently 'New!' Of course I am curious because this sounds sneakily similar to this other concept I know of and decide to check out their term and conditions. The more I kept reading the more I realized I will never send money this way.... I noticed a few red flags and the first one being timing. Their International Money Transfer (IMT) could take 1-3 business days and the money leaves your account immediately. However, it could take longer based on the recipient bank and/or intermediary. The second is their Foreign Exchange rate which is established by the bank, at the time the funds are converted but are subject to change without any notice. On top of that you accept all risk of all fluctuation between the date your bank accepts the IMT and the transaction is finalized. If the transaction fails, you still could be charged foreign exchange fees for the pre-authorized transaction which you agree to by signing the terms. The bank itself takes a non-refundable service fee and additional fees could be added from the recipient bank. If the IMT is declined, unclaimed or incomplete then said bank will "use our best efforts to attempt to obtain a refund at your request from the Recipient Bank". They won't be liable for any amount not refunded. They engage in intermediaries at their complete discretion and don't remain liable to you for any such selection. The cherry on top is the fact that you consent to your bank, any intermediary disclosing any information about you and your recipient to any other intermediary, or local and foreign governing bodies. That's if they allow this IMT to occur because they can not choose not to accept the IMT at their sole discretion or cancel/suspend your ability to use the service and decline your IMT without any reason or advanced notification. The one plus side is they do explain in one point how they derive their income from these 'convenient' money transfers. I'm not trying to talk bad about this bank, I have used this bank for decades and I trust them with my money. It just blows my mind all the insane fees and control over what may or may not happen to your money. I haven't personally sent another human that I know personally crypto but I imagine it's as easy as everything else related to transferring cryptocurrency. It makes sense this old system of big banks taking massive cuts when the internet and computing hardware can do it for us....while generating more. It's a beautiful ecosystem it creates with humans able to spend their hard earned money in any way, shape or form they choose without getting charged half their cash to do it. I love Crypto. [link] [comments]  | ||
| Finally buying my girlfriend a ring using crypto profits! Posted: Heard about bitcoin way back in 2014 but had no actual way of buying then (third world country) Actually bought some dogecoin around that time (worth about 10k USD now im guessing) but the keys are probably lost on a couple of hard drives that might have been formatted a while back. Bought BTC and ETH just this January for around 3k USD. Now about nearing 6k and cashing out a bit to buy my girl a moissanite ring to propose. We've been together for nearly 4 years now and she's the best thing that happened to me. She knows about the crypto stuff and is very supportive. I really want to not have to sell my crypto to buy the ring but making her happy is more then worth it. Even though I got in late in the game, I'm really happy I stumbled upon crypto. [link] [comments]  | ||
| Cardano gang is getting is getting out of hand. Learn tokenomics please. Posted: Some hodlers think ADA will hit 100$ this cycle. There is absolutely no shot of that happening. I am a cardano hodler too but even 2.4$ ADA means 80 Billion market cap which is really hard to pull right now and which also means that ADA will become the certain #3 crypto in the market. On the long run this is not impossible but with 36 Billion ADA on the circulation pulling a x3 x4 is really really hard. Some moonboys are lying to newcomers about this and weirdly enough most of the ADA community believe them. I am not trying to crush your hopes I am just saying the facts [link] [comments]  | ||
| Posted: Dear Crypto Enthusiasts, It's official! I am a candidate for Public Advocate of the City of New York. It's the second most powerful position in New York City. (https://www.mnn.org/blog/clip-week-what-does-public-advocate-do) I have been fighting the crypto license since it's inception. My friend Eddie is going to keep track of all the politicians over Crypto. https://www.youtube.com/watch?v=vfFj1LOhTkYPlease check his twitter account and send him issue about how the #Bitlicense affect you where you are around the world. https://twitter.com/squidchronicle Theo Chino [link] [comments]  | ||
| BTC soon to die for the 403rd time since it's creation. Posted:
 | ||
| Posted:
 | ||
| JPMorgan Adjusts Its Bitcoin Target to $130,000, Predicting Strong Institutional Adoption Posted:
 | ||
| I can't look at crypto anymore! Posted: I've become obsessed with checking crypto prices every damn 5 minutes or less with the apps on my mobile. I've done some dumb shit without really thinking it through because my exchange is right at my fingertips 24/7. So I have 4 solid coins, at least IMO they are and have moved them to a desktop wallet. Uninstalled every crypto app, both exchanges I used on mobile and will check here and there on prices. Any transactions I want to make will have to wait until I get home and have had ample time to think about things. I've only been into crypto for a few months, how the hell do you long timers still have any sanity? Lol, but seriously. Time to reclaim some time if you know what I mean. 👍 [link] [comments]  | ||
| ICON (ICX) officially has joined the Polkadot (DOT) ecosystem! Posted:
 |
| You are subscribed to email updates from Cryptocurrency News & Discussion. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment