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    Cryptocurrency Daily Discussion - May 4, 2021 (GMT+0)

    May 04, 2021

    Cryptocurrency Daily Discussion - May 4, 2021 (GMT+0)

    Daily Discussion - May 4, 2021 (GMT+0)

    Posted: 03 May 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:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
    • Comments will be sorted by newest first.

    Useful Links:

    submitted by /u/AutoModerator
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    How much will the price of VeChain move by Monday, May 10th?

    Posted: 03 May 2021 11:37 AM PDT

    Reference price: $0.214936

    Data will be sourced from CoinGecko

    FILTERING CRITERIA: 1w, USD, Linear Chart, Close Chart

    Winning results will be based on the price at 12 pm PDT on May 10th. Results of the prediction will be revealed between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.

    View Poll

    submitted by /u/nanooverbtc
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    How much will the price of Litecoin move by Monday, May 10th?

    Posted: 03 May 2021 11:27 AM PDT

    Reference price: $297.69

    Data will be sourced from CoinGecko

    FILTERING CRITERIA: 1w, USD, Linear Chart, Close Chart

    Winning results will be based on the price at 12 pm PDT on May 10th. Results of the prediction will be revealed between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.

    View Poll

    submitted by /u/nanooverbtc
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    How much will the price of Stellar move by Monday, May 10th?

    Posted: 03 May 2021 11:43 AM PDT

    Reference price: $0.558745

    Data will be sourced from CoinGecko

    FILTERING CRITERIA: 1w, USD, Linear Chart, Close Chart

    Winning results will be based on the price at 12 pm PDT on May 10th. Results of the prediction will be revealed between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.

    View Poll

    submitted by /u/nanooverbtc
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    How much will the price of Bitcoin Cash move by Monday, May 10th?

    Posted: 03 May 2021 11:31 AM PDT

    Reference price: $1,035.19

    Data will be sourced from CoinGecko

    FILTERING CRITERIA: 1w, USD, Linear Chart, Close Chart

    Winning results will be based on the price at 12 pm PDT on May 10th. Results of the prediction will be revealed between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.

    View Poll

    submitted by /u/nanooverbtc
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    How much will the price of Chainlink move by Monday, May 10th?

    Posted: 03 May 2021 11:35 AM PDT

    Reference price: $41.56

    Data will be sourced from CoinGecko

    FILTERING CRITERIA: 1w, USD, Linear Chart, Close Chart

    Winning results will be based on the price at 12 pm PDT on May 10th. Results of the prediction will be revealed between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.

    View Poll

    submitted by /u/nanooverbtc
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    How much will the price of THETA move by Monday, May 10th?

    Posted: 03 May 2021 11:47 AM PDT

    Reference price: $11.98

    Data will be sourced from CoinGecko

    FILTERING CRITERIA: 1w, USD, Linear Chart, Close Chart

    Winning results will be based on the price at 12 pm PDT on May 10th. Results of the prediction will be revealed between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.

    View Poll

    submitted by /u/nanooverbtc
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    How much will the price of Solana move by Monday, May 10th?

    Posted: 03 May 2021 11:41 AM PDT

    Reference price: $47.20

    Data will be sourced from CoinGecko

    FILTERING CRITERIA: 1w, USD, Linear Chart, Close Chart

    Winning results will be based on the price at 12 pm PDT on May 10th. Results of the prediction will be revealed between 11:59 AM PDT and 11:59 PM PDT the day after the prediction date.

    View Poll

    submitted by /u/nanooverbtc
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    I am a small town barber and for the first time ever, I accepted crypto as payment for a haircut!

    Posted: 03 May 2021 03:33 PM PDT

    I am a small town barber and for the first time ever, I accepted crypto (LTC) for payment on a haircut! A client and I were chatting about crypto during his cut and I decided to ask if he wanted to pay in crypto for his service. He smiled wide and said "hell yeah!"
    It's not much but it feels like a part of the future here in a very small town. Might start to advertise that I will accept crypto as payment soon enough. It was both of our first times ever using crypto in a real world setting and it was seamless. Thank you for reading.

    submitted by /u/rubiksbox
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    My friend found his dogecoin core wallet form high school with 2.5m DOGE on it

    Posted: 03 May 2021 07:29 AM PDT

    https://imgur.com/a/7u2yAYX

    Says it changes his life. Imagine buying into a shit meme in high school and having close to a million dollars after working your whole life. This guy was seriously in the pits trying to provide for himself bartending.

    Just shows how liberating crypto can be. Just one of those wildcard things that can be life changing...

    Edit: here is the 'story' for those wondering: He remembered he had some shitcoins on his hold highschool laptop so he logged on and found his dogecoin core wallet that sync'd up to 2.5m DOGE. After he found it he went to a trusted financial planner and said "I have $750k USD in Dogecoin. What do I do with it" the financial planner said "you know how the class system works in america right?... Well, Fuck 'em"

    submitted by /u/Sovereign_Mind
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    I’ve been following magic internet money for 9 years. I’ve learned hard lessons on bull runs and bear markets Here’s my perspective.

    Posted: 03 May 2021 09:36 PM PDT

    Crypto is not one thing. This is what I've come to learn. Crypto is an ecosystem. It's many technologies competing in different crypto-ecological niches for the right to act as value arbiters in those spaces.

    Part 0: In truth, not even fiat currency is really our main currency.

    What has been the basis of the currency of the United States, historically? Gold and then the greenback. At first, the greenback represented gold, but it wasn't gold. Then the nation decided it was better to have the greenback represent itself. Why? Because we already valued it. The physical underpinnings of its paper fibers held no material relevance to us. In truth, though gold has many uses, its main valuation had come from people knowing that people like shiny rocks. Chemistry and physics came after our appraisal of gold as valuable.

    Nowadays, do you use cash much? Maybe sometimes, maybe even every day, but if you have a bank account, there's not a vault of greenbacks sitting in a safe with your name on it. You have a digital representation of a value which is part of an overall collection of values held and used by a bank representing an equivalent sum of greenbacks. Sure, it may add up to a real number of dollars that you can print, but that's only when you need to use cash.

    /r/WallStreetBets caused a hedge fund to lose billions on shares of stock that exceed the total supply. We're fine with floating shares as a concept because we assume it'll all add up in the end.

    Ultimately, all of these things simply represent a normative standard of value.

    Part 1: The Zygotic Stage: Bitcoin and the Mt. Gox Collapse

    Jed McCaleb, cocreator of Ripple as well as Stellar, founded Mt. Gox, the first Bitcoin exchange. It was a sign that bitcoin was gaining some legitimacy; there was now an infrastructure to handle bitcoin arbitrage.

    Problem was: it hard-centralized bitcoin. Jed left, Mark Karpeles took over and Mt. Gox was hacked a few years later. Thousands and thousands of bitcoins were stolen; BTC lost 90% of its value in less than a month.

    What happened? Crypto wasn't ready. It couldn't handle the stress test of one intuition suffering what countless CeFi institutions have without obliterating the value of the fiat. It was one blockchain with one protocol.

    Part 2: The Rise of the Alts and Crypto Winter 2018

    Nowadays, BTC is called a store of value solution. This is a recent phenomenon. I was around back when BTC was genuinely being considered as a currency.

    Valve once took BTC for Steam purchases, starting in 2016. They reneged on this in December 2017, as the volatility had made it bad for something like video game retail. It seemed perfect; Steam had broken new ground as an alternative to physical storefronts, why not break it further with digital currency?

    The tech was bad for it. As it became more valuable, transaction fees became untenably high. Bitcoin had failed in its original use case.

    Crypto wasn't ready; if it was a zygote in 2014, it was only a blastula in 2017. There were subdivisions in the overall structure but no real specialization. Ethereum had been finding some legs with its smart contracts. Doge was rebounding, as it seems to never truly die, defying all logic. Bitcoin dominance was plummeting. People were willing to look at the alt coins and give them a try. After all, there had been almost a decade of data on Bitcoin's failings; surely someone had been ingenious enough to overcome all of them.

    Unfortunately, if they had, no one had noticed. There were projects, but they were all proof of concept. They were plagued with the same problems as Bitcoin, just on a smaller scale. Scamcoin after scamcoin after scamcoin parted many from their money. The new wave was another round wanting to get on the bitcoin rocket despite having missed it (or so they thought). What they really wanted was a time machine. Unfortunately, there's no such thing.

    Part 3: The Growing Crypto Ecosystem

    NFTs have brought crypto back into the spotlight; I am personally bearish. I think the massive prices for these are mostly from more time machine seekers. But what I have seen since 2018 is that we're not just looking at stores of value and analogs to fiat anymore.

    Take BNB. It's a utility token with good tokenomics. But it's a single exchange's token. How could that ever replace the USD? It doesn't need to. It's simply demonstrating the value of holding the token, which offers some degree of utility. Because that utility connects to the rest of crypto, holding has historically been of high value - enough that someone would pay to hold it.

    It's not competing in the same ecological niche as BTC or ETH. It's coexisting. It's perfectly fine to do something else and the fact that the core chains - your BTCs, your ETHs, your Stellars and Cardanos - can support something like this is almost unreal to me. It's not alone, either. You have CRO, NEXO, and other exchange coins doing the same.

    I think this shows that something is happening. I don't know exactly what, and I suppose no one will truly know except in retrospect.

    Part 4: The Future

    In my opinion, the baby is still not yet ready for primetime, so to speak. Crypto now is like an embryo - it's getting specialized segments with some morphological differentiation, but it's not capable of thriving without continuous input from its supporters. Ethereum is rocketing up but as it does, transaction fees go with it. They may lower in the future but as it stands, the retail investor gains nothing for small dollar spending. ETH seems to be finding purchase in the smart contracts domain; I think it too will have to adapt to be faster and cheaper or yield that it will never become a true currency.

    I think that in order for everyone to accept a new way of spending, they're going to need to be able to spend frivolously and impulsively without punishment. They're going to need quick withdrawals and transfers. Transaction speed is crucial in finance; a difference of a few minutes can change everything, as we have seen with countless coins.

    I know that other chains are working on their own projects. The ecosystem is still very disconnected in many ways. I'm not sure we'll never see another bear market but I do know that the more the ecosystem adapts and learns from the failures of previous iterations, the safer the environment will become.

    The log graph of BTC's price looks like a square root function and it's starting to plateau, but because it's a logarithmic graph, even a plateau means a fluctuation between orders of magnitude. I think there's at least one bull run left.

    When all is said and done, will this all have been a collective delusion by us? Or will we be vindicated? No one can perfectly know the future; all we can do is approximate it. At the very least, I think very strongly that we are not in the last cycle. That makes me feel good about the future, even though I know hard times may come.

    tl;dr

    number go up at least one more time

    submitted by /u/onlymadethistoargue
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    The second largest DOGE wallet has turned less than $5,000,000 invested into $1,903,899,252.

    Posted: 03 May 2021 10:14 PM PDT

    I don't care what coin you invest in, because in the end of the day, if you get rich from it, I'm happy for you.

    Posted: 03 May 2021 10:31 PM PDT

    I've seen an increase of tribalism in this sub, and I want to say this again for all the new people who feel threatened or scared to talk, because people are calling each others' coins trash.

    It doesn't matter if you're a bitcoin maximalist, doge maximalist, ethereum maximalist. In my eyes, you're a crypto investor. And I'm happy if you get rich because crypto made your life better, just like I want crypto to make all our lives better.

    As Evelyn Beatrice Hall said, "I may disapprove of what you say, but I will defend to the death your right to say it."

    And I say, "I may disagree with your investment, but I will defend to the death your right to invest." Because tribalism is unnecessary.

    And in the end of the day, we're all trying to make money. And seeing someone make money makes my day because we're a community that helps each other, and can all succeed together.

    Thank you for reading, and have a good day.

    submitted by /u/globalWarmingCowFart
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    My experience reading the Bitcoin white paper on different drugs

    Posted: 03 May 2021 11:51 AM PDT

    I made more money picking stocks when high than I ever did sober. I thought it would be a good idea to read the Bitcoin white paper while on different drugs. Obligatory note: this is for informational purposes, I don't recommend you do drugs. Here's my experience:

    Weed, 0.4g indica dominant

    Made me feel like I understood what I was reading. But really I was forgetting every sentence after starting the next. Terrible for comprehension and no value add. Might be better to have a conversation with someone about crypto rather than reading.

    Alcohol, 4 drinks

    I'm actually allergic to alcohol so I get really bad flush and I can hear my heartbeat. This was worse than weed - I didn't even try to get past the first paragraph. I was just breathing heavily and staring at words.

    LSD, 200 ug

    I had to wait until AFTER the peak. Words fly around and would be impossible to read during the peak + thought loops - I didn't want to be stuck thinking about blockchain for an hour thinking about blockchain for an hour. After the peak I started reading, the letters still wobble but it's readable. I felt blockchain was the product of human greed - no need for blockchain if financial institutions were honest and not-for-profit instead of trying to profit off every damn fee. Would do LSD again when researching other stuff as it gives you a perspective you hadn't thought about.

    Adderall, 30mg

    Definitely works as you might imagine. I had low tolerance since it had been a long time - actually took a little too much and ended up getting too euphoric. I had waves of pleasure hitting me as I tried to read. After that I was able to focus and read all the way through. Useful if you need to do research on a bunch of coins in a small timeframe.

    Ketamine, 4 bumps

    I did 1 line waited a few minutes and turned on those lofi coding playlists on YouTube. Music sounded too good. Took another line and started reading. Idk it felt like my brain was sort of jumbled and I didn't care to read the white paper all that much. Did two more lines while enjoying the music. Ended up in a khole and obviously didn't finish. But IT was cool, I "saw" the blockchain. Bad for reading.

    Cocaine, all night

    I kind of imagined it would be like adderall where I would get focused enough to read in the beginning. Ended up just doing the entire bag in one night and talking with my flat mate about financial freedom and how I would create the next coinbase / binance. Now that I'm sober, no I won't lol

    That's it!

    Tldr; adderall and lsd ranked best when reading the Bitcoin white paper

    submitted by /u/randomtrip10
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    Congratulations to anyone making decent profit from the coins they own

    Posted: 03 May 2021 05:46 PM PDT

    There is an unfortunate abundance of hate and jealousy from people presumably "missing out" on significant price increases and frankly I don't understand that mentality.

    We should be congratulating our brothers and sisters in crypto and not criticizing their choice of coin.

    Crypto isn't a race to become rich, it's a much longer journey with plenty of ups and downs and ultimately, we're all in it together!

    So let's just congratulate others on their recent successes and if you believe in your portfolio then your time will come too.

    PS: (insert coin) to the moon!

    submitted by /u/ImChaotiic
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    Young Indians Buy Bitcoin instead of Gold, Ignoring Government Harassment on Crypto

    Posted: 03 May 2021 06:57 PM PDT

    You are given the option to magically time travel and become your 2010 self when Bitcoin was worth fractions of 1 cent. But you can't time travel forwards to your present self, you have to relive the past 11 years entirely. Do you do it?

    Posted: 03 May 2021 11:11 PM PDT

    Bitcoin apparently sold on the first public exchange, "Bitcoinmarket," on March 17 at $0.003 per BTC. Pocket change could make you a multi millionaire, a day's pay could make you a multi-billionaire. All you gotta do is relive every single second and minute of the past 11 years all over again. The present is not set in stone, you are literally just redoing the past 11 years, but you can redo them however you want to. But everything you know right now, you will know when you magically become your 2010 self. (I.e. you will be aware of the fact that you just traveled back in time.)

    If there are things you have today that are irreplaceable (kids, family, whatever you love) is it worth this risk of those things maybe not happening due to some fluke or twist of fate that changes those things forever, even if you carefully relive your life to try and make them happen again (you know, other than becoming rich as fuck slowly over a decade)? Or was the past 11 years unavoidably painful in a way that not even any amount of money could make reliving it worth it? Or are you ready to go and wondering how anyone could possibly have any problem whatsoever with jumping on this opportunity, what a stupid question? Somewhere in between?

    I personally have fun with this hypothetical because it's the clearest mental exercise of deciphering "how much is your life worth, to you?" in actual dollars I can think of. I personally won't reveal my answer (I have a pretty definitive answer for myself) so as to not taint others' opinions. (But I still find myself occasionally re-asking myself this question....hmmmm....)

    submitted by /u/illram
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    Buffett: Crypto is Too Young; Also Buffet: Smartphone Is Too Smart for Me

    Posted: 03 May 2021 07:29 PM PDT

    I see a lot of bad tax info in here so let's talk crypto and the US tax law

    Posted: 03 May 2021 05:22 PM PDT

    Disclaimer: I am not a CPA and if you have complex taxes I recommend talking to one

    This is the first part of a two part post. The second will go over some different concepts for doing crypto accounting

    I keep seeing a shit load of bad tax information in this sub when it comes to crypto and taxes so I thought I would write out a fairly comprehensive guide to it. If you would like to read the tax guidance from the IRS you can find it here. That page is an FAQ about various different tax scenarios and also has links to the memos the IRS has published on how to handle crypto for tax purposes. The IRS doesn't issue laws so these memos are the closest thing we have to tax "law" and are how the IRS would measure compliance should they audit someone.

    Long Term vs Short Term Capital Gains

    Gains: The sale price minus the purchase price of an asset (in our case the coin/token you are trading)

    The next part we need to discuss before moving into discussions directly about Crypto taxes we are going to talk about the difference in Long Term and Short Term capital gains. The following definitions differentiate the two:

    Long Term Capital Gains Tax: Are taxes owed on the gains of selling an asset that has been held for at least 12 months Short Term Capital Gains Tax: Are taxes owed on the gains of selling an asset tat has been held for less tan 12 months

    The distinction between these two are very important because they result in drastically different tax rates. Long term capital gains are taxed using the following table for a single filer (meaning not married or with dependents).

    ​

    Long Term Capital Gains Tax Rate Annual Income
    0% $0 to $40,000
    15% $40,001 to $441,450
    20% $441,450 and higher

    Edit: u/ChaosCouncil pointed out that I had a mistake in relation to the sort term gains and how you do cross over into the 15% bracket (or theoretically 20% bracket) based on the amount of long term gains you have.

    This means that unless you are making more than $441,450 you ARE NOT paying 20% if you have held your crypto for more than 12 months. If you make less than $40,000 and have held for 12 months you will pay 0% in taxes on your gains up to $40,001 and then would pay the 15% after. (This is your income plus the long term gains) Also important to note is that Long Term Capital Gains will not push your ordinary income into a higher tax bracket.

    This brings us to the short term capital gains rates which is what you will be paying if you are actively trading. Short term gains are taxed and treated as normal income. This means that they follow these tax brackets (I took this from nerdwallet):

    Tax Rate Taxable income bracket Tax owed
    10% $0 to $9,875 10% of taxable income
    12% $9,876 to $40,125 $987.50 plus 12% of the amount over $9,875
    22% $40,126 to $85,525 $4,617.50 plus 22% of the amount over $40,125
    24% $85,526 to $163,300 $14,605.50 plus 24% of the amount over $85,525
    32% $163,301 to $207,350 $33,271.50 plus 32% of the amount over $163,300
    35% $207,351 to $518,400 $47,367.50 plus 35% of the amount over $207,350
    37% $518,401 or more $156,235 plus 37% of the amount over $518,400

    An important thing to keep in mind is what is shown in the right column of the table and that is as you go up in tax brackets only the amount over the lower tax bracket is taxed in the at the new rate. For example:

    Say I make $40k per year and have $2k in short term capital gains. This means that my total income for the year is $42k which would now put me in the 22% tax bracket moving up from the 12%. Only the amount OVER $40,125 would be taxed at 22%, my $40k salary would still be taxed at 12%. My total tax burden would look like: $4,617.50 + ($42000-$40125)*.22 = $5,030 The $4,617.5 comes from calculating the max tax owed in the tax brackets below and adding them up.

    Unfortunately, as you can see from the example above short term capital gains DO cause us to move between tax brackets unlike long term Capital Gains

    How Crypto Trades are Taxed

    Now that we have all that Short Term vs Long Term stuff worked out we can start talking about how crypto trades and transfers are taxed. Let's start with the easy part first and discuss what is NOT taxed. Unfortunately, most activities do result in a taxable event but fortunately moving coins between wallets and exchange accounts are NOT taxable. More importantly transferring does not affect our 12 month holding clock to reach long term capital gains

    We need one more definition to talk about how our crypto trades will be taxed and that is basis.

    basis: The base value of an asset used for tax and accounting purposes

    Most commonly the basis of our crypto coin is going to be the purchase price of the coin but if we are doing crypto to crypto trades then our basis is going to change and this is important to keep track of. Another important thing to remember is that basis is associated with the value of the unit you are selling NOT your initial investment. For example:

    if I buy 1 ETH at $100 dollars then it's basis is $100. If I decide to sell .5 eth then the basis is split between the two halves with each half having a basis of $50

    The easy use case is simply buying and selling crypto between fiat on an exchange:

    If I start with $1,000 on coinbase and use it to buy .1 BTC at $10k. I then have: .1 btc at a basis of $1000 If BTC rises to $30,000 the following week and I decide to sell .05 of the BTC then the taxable income is: Sale Price - Basis = Taxable Income - My basis is $1,000/2 = $500 - My sale price is $30,000*.05 = $1,500 $1,500 - $500 = $1,000 My taxable income from this trade is $1,000

    It get's more complicated when we start trading between coins as crypto to crypto trades are taxable event. In order to determine the taxable amount from the trade, the IRS expects us to record what the current fiat value is and calculate our income from that. We will do an example of trading between BTC and ETH:

    I have .05 BTC remaining after our previous trade and decide that with the Eth ratio at .03 ETH looks like a better hold than BTC. BTC price is still at $30,000 so our equation looks like this: Current Fiat Value - Basis = Taxable Income - My basis is $1,000/2 = $500 - The Current Fiat Value is $30,000*.05 = $1,500 $1,500 - $500 = $1,000 My taxable income from this trade is $1,000 and I now have 1.666 ETH at a basis of $1,500

    Now here is where a lot of people get lost. When we make this trade this resets the basis of the holding so my ETH now has a basis of $1,500. That means that there will only be taxable income if the value of my ETH rises above $1,500. Where this can benefit us is if we are ratio trading. Let's say that the price of BTC has dipped and the ratio of ETH to BTC is now .05 but the price of ETH hasn't changed:

    The price of BTC has dipped resulting in a spike of the ETH ratio to .05 but the price of ETH has stayed constant. I use the same equation from above to calculate my taxable income: Current Fiat Value - Basis = Taxable Income - My basis is $1,500 - The Current Fiat Value is $1,500 $1,500 - $1,500 = $0 After the trade, I now have 0.0833 BTC at a basis of $1,500

    So now I have more BTC than I started with and generated no taxes. Important to note though is that each of these trades DOES reset our clock for the 12 month holding period to qualify for Long Term capital gains.

    I had planned on discussing how tings like mining, staking and Earn returns are taxed but this is getting really long so it will go in the next post. So we will end with a quick discussion on losses. Obviously, every trade we make is not going to be a winner so if we sell our crypto or trade into a different coin when the current fiat value is below our basis this results in a loss in other words our

     Sale - Basis = Income or Current Fiat Value - Basis = Taxable Income

    results in a negative value. Losses directly offset gains meaning our total taxable income for the year is:

     Gains - Losses = Total Taxable Income

    That's the end of this post but feel free to ask any questions below and I'll go into other taxable events and some of the different accounting methods we can use in the next post

    submitted by /u/lonewolf210
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    Is this a casino? How can I hide these stupid polls from my feed?

    Posted: 03 May 2021 11:00 PM PDT

    Is this a casino? How can I hide these stupid polls from my feed? Is it just one person spamming them or multiple? It feels like I am on the vegas strip and someone is trying to take bets on who is going to win the next sports game. Crypto is about a lot more than price. Yes, it is nice when the price goes up, but it isn't about the gambling. These polls make this subreddit feel like r/wallstreetbets.

    submitted by /u/111ascendedmaster
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    Promote what you love instead of bashing what you hate.

    Posted: 03 May 2021 08:42 PM PDT

    This is why doge is so successful. All you hardcore crypto enthusiasts that continue to fight the trend remind me of the hardcore crossfit enthusiasts that resisted the movement from garage to mainstream. Now the founder of Crossfit is gone and it's mainstream. Doge is going to take crypto mainstream. You can either get on board or shrink away. Bitcoin founded the idea of crypto, a coin like doge that speaks to the masses and also has decent utility is taking over, the writing is on the wall. You don't need to be Nostradamus to see this.

    submitted by /u/Odinthedoge
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    Why Nano? Instant. Feeless. Green.

    Posted: 03 May 2021 11:57 PM PDT

    Interest in Crypto is keeping me going through cancer

    Posted: 03 May 2021 12:55 PM PDT

    That is of course a double entendres. I have been a stage 4 cancer survivor for 3 years now. after remission the medical profession I trained for was no longer plausible. I started investing what little I had left over from disability last year. Roughly 10-20 a month. It has made life a bit easier in the interim from then to now. I got confirmation of a relapse with this week's PET scan. I hope the "interest" in crypto will keep me going this time too. Wish me luck. To the moon!

    Edit: Thanks for all of the support. The entire set of circumstances leading up to this moment in my timeline have been so out of the ordinary as to seem unbelievable or exaggerated even. If anyone wants to know feel free to ask. You rock R/Cryptocurrency!

    submitted by /u/CompetitiveMap1
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    Is ALGO a good buy?

    Posted: 03 May 2021 11:04 PM PDT

    Hi folks, was wondering if anyone holding ALGO as part of your portfolio? Would love to know the reason why you are picking this instead of say ETH?

    Asking as I'm wondering if this is a good buy? For context, I'm holding much of my crypto in ETH and a tiny bit in BTC. Given that these are the two mainstream's crypto currency, I am thinking of going into alt coins as well.

    submitted by /u/paperboiko
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    I watched this video almost 10 years ago, and it's the reason I own a nice house and still have 7 BTC left... thank you Factrocks whoever you are

    Posted: 03 May 2021 06:03 AM PDT
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