Cryptocurrency Daily Discussion - June 30, 2021 (GMT+0) |
- Daily Discussion - June 30, 2021 (GMT+0)
- Don’t accept chat invitation on Reddit
- Okay everyone, get ready for a bullrun. I’m going to try swing trading, again. You can all thank me later.
- To the man who wanted to get through TSA with Cold Storage in his ass
- I (24F) feel like a bad b*tch compared to my boyfriend
- Lol - Government must have power to reverse crypto transactions, says co-chair of blockchain caucus
- WhaleFarm Token Crashes 99% in a $2.3 Million Rug Pull
- Young people may not have as much capital to invest, but you're rich in time
- Why Prices Are Rising Today, and Where They Could Be Headed (A Reverse-Stochastic Analysis of the Winihoff Decumulation Phase)
- Is ICP a Scam? Arkham Intelligence Looked Into It
- Remember your money is backing the organizations behind the projects you invest in. Their goals, their agenda - you are supporting
- Cryptocurrency is in the very early stages of creation and design.
- How I wagered 10,000 Moons on a single bet (and won)
- Stellar Lumens (XLM) to Introducing Decentralized Finance (DeFI) Support
- USDC To Be Issued On Tezos
- We should also have a post discussing the downsides of different Cryptocurrencies
- Crypto Exchange Kraken Slashes Deposit Fees Across All Digital Assets to Zero - We should demand this from all CEXs.
- CEO of Coinbase Brian Armstrong says the company has an opportunity to follow Apple by creating an app store for cryptocurrency
- A shitcoin with a 50% chance to go 100x and a 50% chance to go to ZERO
- 650 U.S. banks will soon be able to offer Bitcoin purchases to an estimated 24 million customers
- What’s the pettiest reason you decided not to invest in a particular cryptocurrency?
- Blockchain - Use Cases Redefining Multi-Billion Dollar Industries
- Binance customer service is pretty terrible.
- I want to get into crypto but I have no idea where to start, any help or suggestions are more than welcome.
- What will you buy with your earnings?$
Daily Discussion - June 30, 2021 (GMT+0) Posted: 29 Jun 2021 05:00 PM PDT Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer:Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here. Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams. Rules:
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Don’t accept chat invitation on Reddit Posted: 30 Jun 2021 01:12 AM PDT Seriously, just don't. If like me you joined a couple crypto-related subreddits, I bet you get some random chat invitations, more often than not by less than 1-week old accounts. They are all scammers. DO NOT ACCEPT THEIR INVITATION. Ignore them happily and go about your day. Stay safe [link] [comments] | ||
Posted: 30 Jun 2021 02:32 AM PDT Had the thought of trying swing trades, as the market trades sideways. But from my past experiences, I'll most likely cause a massive bullrun, as I sell at a -1% day, just to miss a massive upward spike the next day of +1000%. You can all thank me later. Happy to be of service… Edit - commas are nice, let me add a few Edit - if you happen to afford a few lambos, please paint one Iridescent Fuscia in my honor. That was my go to Need for Speed Underground color. Queue Doomsday by Overseer. [link] [comments] | ||
To the man who wanted to get through TSA with Cold Storage in his ass Posted: 29 Jun 2021 02:45 PM PDT I've done some research and I've got you 👉😎👉
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I (24F) feel like a bad b*tch compared to my boyfriend Posted: 29 Jun 2021 07:46 AM PDT My boyfriend got into crypto around December of 2020, and he decided to put a large sum of his money in during the huuuuge run we had earlier in the year. His strategy was to put a few thousand in and watch the charts meticulously every few seconds. I even saw him swing trading and swapping coins, so I decided to learn everything I could about crypto and see if he was getting "scammed." I learned a lot. I watched him tell our friends to buy doge coin, saw him put lump sums into BTC and BITCOIN CASH, and heard him tell me about lots of coins that seemed like they wouldn't pan out long term and I tried to hold my breath. At this point (around April) I thought, hey, I know a little bit now, time to start my portfolio. I did something different than him, and put 25 dollars in each week. He kind of made a little fun of me, said it was "cute" that I was investing and trying, and also said it was kinda pointless to put that little amount of money in. Then came the "crash" that I was completely prepared for and mentally ready to see, and I just ... continued to put in my money weekly. He "no longer wanted to talk crypto as much" and stopped putting in money because all of his was already invested. I am proud to say that as of today (because I started building with one coin vs. His 10-15) ... MY BITCOIN IS WORTH MORE THAN HIS! Edit: for you weirdos saying I'm in a toxic relationship .... have a drink [link] [comments] | ||
Lol - Government must have power to reverse crypto transactions, says co-chair of blockchain caucus Posted: 29 Jun 2021 01:38 PM PDT
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WhaleFarm Token Crashes 99% in a $2.3 Million Rug Pull Posted: 30 Jun 2021 01:05 AM PDT
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Young people may not have as much capital to invest, but you're rich in time Posted: 29 Jun 2021 07:28 PM PDT If you're young and just starting out, it can suck to see whales making millions over night during a measly 5% pump or whatever, because they already have millions in capital, while your small initial investment will still not net you very much, comparatively, even if your coin goes 10x. But I would say you're in a much better position because you have time on your side, which is a much more valuable asset. 10 years in crypto is worth more than $10 million, imo. A lot more. I wanted to get this message out, in case you feel like a minnow swimming around, not able to make any waves. Just stick around for the long term. [link] [comments] | ||
Posted: 29 Jun 2021 09:10 AM PDT We all know that for the last 47 days we've been jerked around by the inverted Winihoff decumulation phase. But today Bitcoin moved into a descending pentagon pattern, currently testing 35k to the upper falsetto Trend Line of 37k. This indicates Bitcoin could possibly range back downwards to 30k if the Phase 3 Burgandy Trend Line isn't held in the 24-hour period. If we do hold the Burgandy trend line, we could rocket past the 37k mark and overcome the asymmetric volatility, just like we saw at the end of last cycle's oscillating Morningstone quadrant phase. In short: it's quickly approaching Truth Time™️ for Bitcoin. If we can't hold the Burgandy line, I see a re-test of the 21-day SVP directional level. But if we can hold the Burgandy line, and if Bitcoin blasts through the Tamland 27-week support metric, the upward pressure could lead to a downward stochastic indication of a Rainbow Cross. If that happens, all bets are off. Please subscribe to my shocked-face-thumbnail YouTube channel for more insight and analysis. [link] [comments] | ||
Is ICP a Scam? Arkham Intelligence Looked Into It Posted: 29 Jun 2021 05:52 PM PDT A Summary of Arkham Intelligence's Takedown of ICP
On-Chain Analysis
Implications
Off-Chain Analysis
Seed Supporter's Struggles
Implications
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Posted: 29 Jun 2021 11:47 PM PDT Yes we want to make money, but also I'd like to think we all want a better world for ourselves and for the future. I think of that when investing in coins. Recently I read that XLM is implementing defi and got bullish. I thought "damn I need to buy some XLM cos it will probably rise". But then I remember that Stellar, like Ripple are doing their work for the banks, not for the people. Therefore I chose not to. I might miss some gains, but I can rest easy at night knowing I'm only supporting those projects who are truly trying to disrupt for the greater good. Value decentralisation Value equality Value the environment [link] [comments] | ||
Cryptocurrency is in the very early stages of creation and design. Posted: 30 Jun 2021 01:09 AM PDT You're not investing in Coins, you're investing in Software.There is no such thing as a Bitcoin, an Ethereum or any other "coin". Many people are under the erroneous impression that there are such things as atomic units of 'coins' that are moved from address to address and can therefore be tracked on the public chain. I think this mistake has its roots in language and analogy. Bitcoin is a digital currency, "coin" is in its name, the White Paper describes it as electronic cash and mentions "wallets." As a result we talk about it like we talk about physical currency; like we talk about paper bills or coins. We say things like, "She gave me a bitcoin." As a result, people tend to quite justifiably envision bitcoins as atomic units that are passed around. Even if they understand that bitcoins are sub-divisible to eight decimal places, and that those units are called satoshis, they may still think that those are the atomic units. This leads people to conceptualize bitcoins like a currency, as indivisible units, with serial numbers. But the coins and wallets analogy is just that: an analogy. This is not at all how Cryptocurrency works. What you are investing in can be described as 'software'.It's protocols, sets of rules governing how data is transmitted between devices and systems, and distributed ledgers, systems of recording these inputs and outputs. So why is this so interesting/exciting/revolutionary? The simplest reason is because it is immutable (each block is unchangeable once created) and decentralized (no single point of weakness in which it is vulnerable to attack, fraud or corruption). This is why it can be said "it's less about making money and more about changing money". When you invest into this technology, your are investing in projects and protocols that are a part of changing how the internet (and increasingly the real world) actually functions. These protocols, if the hype is to be believed, will in part, fundamentally change how everything is organised.From financial systems (exchanges, savings, investments, loans), supply chains, databases, trading networks, telecommunications, medical records, insurance, and even the very infrastructure of the internet itself. Congratulations, you will probably get wealthy by investing into these projects as this is definitely in the early stages. Think of Bitcoin as Mercedes Benz in 1886, Ethereum as Ford in 1903, and other coins as all the other manufacturers, hot(wheels) on their heels.(Doge is clearly the DeLorean of crypto). But more importantly in my opinion, for good and ill, it is literally going to change the world. [link] [comments] | ||
How I wagered 10,000 Moons on a single bet (and won) Posted: 29 Jun 2021 11:56 AM PDT
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Stellar Lumens (XLM) to Introducing Decentralized Finance (DeFI) Support Posted: 29 Jun 2021 02:34 PM PDT
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We should also have a post discussing the downsides of different Cryptocurrencies Posted: 30 Jun 2021 01:24 AM PDT I always saw a that lot of posts and comments on the this sub have like a one-sided view of their crypto without any mention of downsides of them. I think we focus too much on the good side but we should not forget that the whole cryptocurrency market is still in development phase and no coin is perfect. Each coin has its own downsides and we should talk about that more often so we can improve. Don't hate on me, I'm a very big fan of cryptocurrencies but I think discussing about the problems and the potential solutions can help us improve them more. I'll start myself with the coin that I use often and I think is talked quite often in this sub. So yeah you guessed it correctly it's Nano. Some of the downsides of Nano which I can think of are below and if you have any other valid points, I can add that to this list. These are some of the problems and downsides of Nano with the potential solutions:
You can comment down below about your coin's problems and downsides. It'll help the community to understand them better like what are the problems associated with a particular coin and it will help them in taking their investment decisions. PS - Shill me your coins but with their downsides [link] [comments] | ||
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Posted: 30 Jun 2021 03:20 AM PDT
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A shitcoin with a 50% chance to go 100x and a 50% chance to go to ZERO Posted: 29 Jun 2021 06:31 PM PDT If you knew a shit coin had a 50% chance to go 100x and a 50% chance to go to zero, would you invest? You know this absolutely, it's not just a feeling or because you did research. If you do invest, how much of your portfolio would you put in? Personally, I feel this is much better odds than you're going to get in any casino or capital venture. I would roll the dice and put 35% of my portfolio. If it moons, then I am set. If it doesn't, then I am still in pretty good shape. Just a minor set back that I will have to accept. [link] [comments] | ||
650 U.S. banks will soon be able to offer Bitcoin purchases to an estimated 24 million customers Posted: 30 Jun 2021 03:27 AM PDT
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What’s the pettiest reason you decided not to invest in a particular cryptocurrency? Posted: 29 Jun 2021 07:59 PM PDT What's the pettiest reason you decided not to invest in a particular cryptocurrency? Not red flags in your dd stuff but like something that shouldn't matter at all completely turning you off to a project. For instance, I grew up in the Midwest and had to deal with insane clown posse juggalos all the time so ICP was a huge no for me (thank god I guess) [link] [comments] | ||
Blockchain - Use Cases Redefining Multi-Billion Dollar Industries Posted: 30 Jun 2021 04:09 AM PDT Blockchain is creating a new paradigm that is defined by transparency and reliability- the likes of which we haven't seen before. Here are some of the top 4 use cases for blockchain in my opinion that I think can revolutionize existing industries or even create new ones. Feel free to add on to these as I'm sure there might be other industries I haven't mentioned.
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Binance customer service is pretty terrible. Posted: 30 Jun 2021 01:40 AM PDT
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Posted: 29 Jun 2021 01:37 PM PDT So my first post was deleted because it was under 210 characters. I just turned 18 and thinking of putting a few dollars into crypto, I mean there aren't many downsides. Want to keep it on my phone because it's most convenient, any good apps out there? To make sure it's 210 characters I'll tell you about my dog Baxter, he's two and really cool. Doesn't know how to play fetch but he's pretty cute. Apparently people want to hear more about Baxter so 10k upvotes I'll make a post dedicated to him with pictures. Edit: it's are almost at 100 upvotes and I can't even count that high so if this reaches 100 I'll post one picture. Manipulation 😎😎 [link] [comments] | ||
What will you buy with your earnings?$ Posted: 30 Jun 2021 04:39 AM PDT I see so many ppl say they're buying a Lambo, or a cyber truck etc. these are all "neat" but none are wise investments. What I want to know is what wise or smart investment will you buy into after your crypto take you to the moon?? Me I'm buying a few acres of land. Building underground bomb shelter to live In Full time and my roof will be entirely made of fruits and veggie garden!! The only things other than that I have been thinking of buying is a Tesla solar system, industrial generator and electric water filtration. Let's hear your crazy spending plans?!?! [link] [comments] |
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