• Breaking News

    Thursday, June 10, 2021

    Cryptocurrency New Moons Distribution (Round 14 Proposal)

    Cryptocurrency New Moons Distribution (Round 14 Proposal)


    New Moons Distribution (Round 14 Proposal)

    Posted: 09 Jun 2021 03:33 PM PDT

    Moons are r/CryptoCurrency's version of Community Points. Community Points are a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community.

    Moons are distributed every 4 weeks based on contributions people make to r/CryptoCurrency. For every distribution, Reddit publishes karma data as a default measure of contribution. The community can review the data and optionally propose an alternative distribution, if they wish.

    This distribution is based on karma earned from 2021-05-12 to 2021-06-08. Here is the data.

    To propose an alternative distribution:

    • You can create a CSV with alternative contribution scores or propose changes to the algorithm used to calculate them from karma (as long as the changes can be implemented easily).
    • The amount of Moons distributed to a user will be proportional to their contribution score. Contribution scores cannot be negative.
    • Make a poll to have the community vote on your proposal. Include an accurate description of the changes you are proposing.
    • In order to pass, the winning option in the poll must meet the decision threshold (minimum number of Moons in support). If it is in favor of the change, it becomes the official contribution measurement (unless there is evidence of abuse in the vote, such as bribery). Algorithm changes will carry forward to future distributions.
    • In case of multiple competing polls passing, the one with the most Moons cast in favor will be the official one.
    • If no alternative passes, the data provided here will become official.

    The contribution scores for this round will be finalized on 2021-06-16. Any poll proposing an alternative needs to be completed by then.

    After the scores are finalized, Reddit will sign the data and publish the final, official data. After that, people will be able to claim their Moons through the Vault in the Reddit mobile app.

    submitted by /u/CommunityPoints
    [link] [comments]

    Daily Discussion - June 10, 2021 (GMT+0)

    Posted: 09 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:

    • 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
    [link] [comments]

    Ethereum co-founder Vitalik Buterin revealed he profited more than $4 million from a $25,000 investment that he made into Dogecoin during 2016. But true to form, he gave it all away to charity.

    Posted: 09 Jun 2021 05:24 PM PDT

    ‘We’ve woken up’: young Chinese youth are refusing to work because they say no matter how hard they work, they can never achieve their lifelong dreams, so it’s better to become a ‘couch potato’. I wonder if they know about cryptocurrencies?

    Posted: 09 Jun 2021 07:05 PM PDT

    Bit of Crypto positivity this week in 5 seconds

    Posted: 09 Jun 2021 07:39 AM PDT

    • El Salvador officially accepts bitcoin, Panama to follow
    • Tesla forced to accept bitcoin payments once again (haha)
    • Institutional holdings increased by 170% for long term investments (Coinbase)
    • SEC commissioner expresses the importance of not being too harsh with crypto laws so innovation isnt stifled (Come on XRP!)
    • The FBI cant actually crack your wallet address
    • Warren Buffet gets out of the 60's and invests in a digital currency firm Nubank
    • Paypal now lets you buy different coins and send to wallets (over $2 billion so far)
    • Google reverses ban on advertising crypto
    • Gta 6 will be using crypto

    We good boys. We good.

    submitted by /u/james8807
    [link] [comments]

    El Salvador to Mine Bitcoin With Volcanoes, Says President Nayib Bukele

    Posted: 09 Jun 2021 04:30 PM PDT

    I'd Rather be down 99% than to Die Regretting I didn't take the chance.

    Posted: 09 Jun 2021 11:38 PM PDT

    This is what made me get into crypto 5 years ago to begin with. I've experienced 3 big slaps in the face in my life not taking the chance when I easily could.

    1999

    21 years ago I was in a business school for programming. I was On my way to barnes and noble to pick up a C++ book when I heard on the radio Barnes and Noble stock flash crashing to a $1 from about $25-$30.

    I felt something wasn't right about that because the chain was still fairly new, and it was always packed. So many books and magazine sales. They where also building more. I was about to drop $3500. My friend's father hooked me up with a broker to call. I called and found out I needed a bank account so I did a bunch of scrambling but when push came to shove I backed out. I convinced myself buying a new laptop,some nice clothes, and the new bass system I wanted for my car was money better spent instead of a risk.

    I literally backed out at the last moment after a tedious process.

    Well one month later or so, it was back up to $20-$25.

    I missed out on $60-$75,000

    2006

    I think 🤔

    Apple announces the iPhone and it was super popular. I knew it was gonna get bigger, and shares were still $1 lol I wanted to put about $2K down. Did the same thing again, got in touch with a Broker then backed out.

    That was over 100x gain. That was Lambo.

    Why did I back out? For temporary items when the ones I have are working just fine?

    So when I met someone in 2016, I had that gut feeling again. And I didn't care if I lost it I just didn't want to miss another opportunity going against what I really feel

    So I'm holding now and I've been in the green for a long time because I got in early.

    It wasnt luck. It was motivation to make something happen. I'm just a regular guy that didn't want to miss my chance so I took it.

    submitted by /u/JuicySpark
    [link] [comments]

    If you're investing in Crypto to enrich yourself, financially, you should also be learning everything you can from r/PersonalFinance

    Posted: 09 Jun 2021 07:35 PM PDT

    I think it's a big problem in today's (US) public education system that we don't teach personal financial basics in school anymore.

    When I got married a few years ago, my wife and I, in our mid-30's realized that we had no financial education except the lessons we had learned from our own past mistakes... and those can be expensive.

    No one is going to beat your door down or drag you to a class to teach you how to handle money.

    You must seek out your own financial education if you wish to learn.

    The problem is most people don't know where to start.

    Well.. the personalfinance subreddit is a fantastic place to start. Aside from the posts you see from every day users, they have a profoundly robust wiki with tons of great information.

    The PRIME DIRECTIVE is a great place to start if you're just thinking, OKAY WHERE DO I START?


    Personally I really like how they break down, BY AGE, what part of your financial life you should be focusing on at any given time.

    Advice and Tips for Different Age-Ranges

    High School Students and Teenagers (15-20)

    Young Adults (18-25)

    Older Young Adults (25-35)

    Mid-Career Adults (35-45)

    Middle-Aged Adults (45-65)

    Taken directly from the WIKI

    submitted by /u/bkconn
    [link] [comments]

    Mexico is bullish on Bitcoin, and it's thinking about following the example of its neighbor, El Salvador

    Posted: 09 Jun 2021 09:55 AM PDT

    Donald Trump and Elizabeth Warren coming out against Bitcoin so close together is such bullish news!

    Posted: 09 Jun 2021 07:39 PM PDT

    They fear us, and they should

    They're both watching the world move on and evolve past them.

    They're both trying to seize power against us, and Bitcoin and crypto in general puts some of that power back in our hands.

    They should be afraid. All politicians should.

    There's now something out there They can't take control of.

    It's beautiful!

    submitted by /u/ZomaticLex
    [link] [comments]

    Mexico, too, wants to jump on the crypto train as El Salvador legalizes Bitcoin

    Posted: 09 Jun 2021 06:26 PM PDT

    Ethereum Is Not Just a Digital Currency, It’s a Financial Ecosystem Generating $29.3M in Fees Every 24Hrs, 8x More than BTC

    Posted: 10 Jun 2021 02:54 AM PDT

    I'm a long time crypto user who just started using DEFI. Holy crap DEFI is amazing.

    Posted: 09 Jun 2021 03:41 PM PDT

    Like the title says I've been in crypto for a while but I've never really dabbled in DEFI because ETH does a pretty good job of pricing out retail investors.

    Recently I learn how to bridge between the BSC chain and MATIC network for pennies and started using AAVE to generate some passive income as well as borrow some stable coins to gain more passive income.

    Holy crap DEFI is amazing. No question, no identification, no middle man, 1 click and I can borrow crypto to generate even more passive income on top of my initial deposit.

    If yall haven't looked into DEFI or tried it out I suggest you do, it really is truly amazing technology.

    submitted by /u/TrojanArmor
    [link] [comments]

    Now that El Salvador has accepted Bitcoin as legal tender Tesla is forced to accept bitcoin as payment.

    Posted: 09 Jun 2021 02:45 AM PDT

    Now that Bitcoin is officially recognized as a form of currency in El Salvador Tesla is required to accept that form of payment under Art 7

    "every economic agent must accept bitcoin as payment when offered to him by whoever acquires a good and service"

    How the turntables have turned...

    Emphasis on the COMEDY tag

    submitted by /u/Tenma_Hito
    [link] [comments]

    DraftKings CEO is looking into adding cryptocurrencies as a form of payment for his online sports betting company

    Posted: 09 Jun 2021 05:16 PM PDT

    Iran President Says Legalize Crypto and Protect People’s Capital - CoinQuora

    Posted: 10 Jun 2021 12:04 AM PDT

    I bought $1k of the Top 10 Cryptos on January 1st, 2019 (May Update/Month 29) Up +459%

    Posted: 10 Jun 2021 01:16 AM PDT

    I bought $1k of the Top 10 Cryptos on January 1st, 2019 (May Update/Month 29) Up +459%

    EXPERIMENT - Tracking 2019 Top Ten Cryptocurrencies – Month Twenty-Nine- UP +653%

    The full blog post with all the tables is here.

    Welcome! This is the monthly report for my homemade 2019 Top Ten Crypto Index Fund. This group contains BTC, XRP, ETH, BCH, EOS, XLM, USDT, LTC, BSV, and Tron.

    ---> MOON SAMPLES! Have a taste of that sweet, sweet moon nectar: 65 Moons to the first person to name the artist and title of the hidden song in this post AND say something nice about one of the other commenters.

    Why 65? It's my way to try to encourage Special Membership: right this second, it's worth about $5 (65*.077), enough to treat yourself and the community to a month of r/CryptoCurrency special membership! (If you've already won this month, give it to someone else please).

    tl;dr:

    • What's this all about? I purchased $100 of each of Top 10 Cryptos in Jan. 2018, haven't sold or traded, reporting monthly for over 3+ years. Did the same in 2019, 2020, and 2021. Learn more about the history, rules, and FAQs of the Experiments here.
    • May Winners and Losers - Winners? Um, Tether I guess! Big Loser: BSV loses nearly half of its value.
    • Overall since Jan. 2019 - ETH now more than doubling return of second place BTC. Top Ten portfolio up +459% (vs. S&P's +68%), all coins in the green. BSV worst performing, but still up +85% (17% higher than ROI of S&P).
    • 2018+2019+2020+2021 Combined Top Ten Portfolios are returning 349%.

    Month Twenty-Nine – UP 459%

    2019 Top Ten Crypto Portfolio Summary - tough May, but mostly triple digit gains overall

    After a very strong April, the 2019 Top Ten was handed its first all-red month since September 2020. Although it narrowed the gap a bit this month, the 2019 portfolio is still the second best performing of the four, trailing the first place 2020 Top Ten Portfolio. Despite a rough May, the portfolio is up +459% since January 2019.

    May Movement Report, Ranking, and Dropouts

    Here are the May ups and downs for the 2019 Top Ten Portfolio:

    Ups:

    • EOS – up three places (#26–>#23)
    • Tether – up two places (#5–>#3)

    Downs:

    • BSV – down six places (#28–>#34)
    • Tron – down four places (#20–>#24)
    • Litecoin – down three places (#11–>#14)
    • XRP – down three places (#4–>#7)
    • Bitcoin Cash – down three places and out of the Top Ten (#10–>#13)

    2019 Top Ten Rank - BCH drops out, now 60% have fallen out of the Top Ten

    Top Ten dropouts since January 2019: After twenty-nine months, 60% of the cryptos that started in the Top Ten in January 2019 have been pushed out. EOS, Litecoin, BSV, Stellar, Bitcoin Cash, and Tron have been replaced by Binance Coin, Doge, Cardano, UNI, USDC, and Polkadot.

    BSV is the only one of the 2019 Top Ten cryptos that have dropped out of the Top Thirty.

    May Winners and Losers

    May Winners – For the first time in a long time, Tether. Second place goes to EOS, which finished the month down just -3%.

    May LosersBSV was pummeled this month, losing nearly half of its value, down -46%. Tron is the second worst performer of May, down -41%.

    Tally of Monthly Winners and Losers

    Which crypto holds the most wins or losses over the life of the project? Here's a snapshot of the winners and losers over the first twenty-nine months of the 2019 Top Ten Experiment:

    2019 Top Ten Ws and Ls

    Tether still has the greatest number of monthly victories (8) followed by BTC with five. In other words, 28% of the time (eight times out of twenty nine months) every crypto in the 2019 Top Ten Portfolio has finished the month in the red.

    While every crypto has won at least one month since January 2019, EOS is the only crypto without a monthly loss in the 2019 Top Ten Experiment.

    Overall Update – ETH has doubled BTC returns, all cryptos well in the green, BSV worst performing

    Even though it fell -10% in May, Ethereum pulled further ahead of second place BTC this month. ETH's ROI is more than double that of Bitcoin since the beginning of the 2019 Experiment.

    And that $100 investment into first place ETH on January 1st, 2019? It's currently worth $1,976.

    After twenty-nine months, 100% of the cryptos in the 2019 Top Ten Portfolio are in positive territory. Not counting stablecoin Tether, the worst performing crypto is BSV, which is still up +85%. Compare that to the ROI of the S&P (more on that below).

    Although the 2019 Top Ten Portfolio is up an impressive +459%, it is still second place behind the best performing of the four Experiments: the 2020 Top Ten is up +630%.

    Total Market Cap for the Entire Cryptocurrency Sector:

    Total Market cap +1190% since Jan 2019

    The entire cryptocurrency sector is up +1190% since January 2019. That's still well behind first place ETH (+1,826%) but much better than the rest of the cryptos (including second place Bitcoin's +873%) and much better than the Top Ten approach.

    After reaching $2T last month, the total market cap lost $570 billion in May. The seven month streak of month-ending total market cap record highs was broken this month as the total market cap returned to a level last seen in March.

    Bitcoin Dominance:

    BitDom reached another 2019 Top Ten Experiment low in May

    BitDom continued to drop in May, setting another low point in the 2019 Top Ten Index Fund Experiment. For context, the table above shows the progression over the last twenty-nine months with BTC domination ranging between 42%-70%.

    If you're curious as to what happened last time Bitcoin Dominance fell into the low 40s and 30s, check out the 2018 Top Ten Experiment.

    Overall return on $1,000 investment since January 1st, 2019:

    2019 Top Ten Portfolio ROI

    The 2019 Top Ten Cryptos Portfolio lost $1933 in May. After twenty-nine months the value of the initial $1000 investment is $5,594, up +459%. This breaks a six month streak of record returns for the 2019 Portfolio and the ROI has dropped back to where it was in March 2021.

    Here's a table summarizing the monthly ROI over the life of the 2019 Top Ten Index Fund experiment, which provides a pretty good sense of the journey to this point:

    2019 Top Ten ROI Summary

    Almost completely green, but there have been some very significant dips. For example, a little over one year ago the 2019 Top Ten Portfolio was returning only +6%.

    At +459%, the 2019 Top Ten Portfolio is the second best performing out of the four Experiments. First place is the 2020 group, up +630% as of this report.

    Combining the 2018, 2019, 2020, and 2021 Top Ten Crypto Portfolios

    Speaking of other Top Ten Portfolios, let's put them all together now:

    Taking the four portfolios together, here's the bottom bottom bottom bottom line:

    After a $4,000 investment in the 2018, 2019, 2020, and 2021 Top Ten Cryptocurrencies, the combined portfolios are worth $17,967 ($1,264 + $5,594 + $7,300 + $3,809).

    That's up +349% on the combined portfolio. It's a big drop from last month, but looking at the big picture, the combined portfolios are back to where they were two months ago in March.

    Here's a table to help visualize the progress of the combined portfolios:

    Combined +349% ROI of all four Experiments

    In summary: That's an +349% gain by investing $1k on whichever cryptos happened to be in the Top Ten on January 1st for four straight years.

    Top Ten Index vs. Top Five Index

    Inspired by a suggestion from one of our blog readers, let's take a look at how the 2019 Top Ten approach would compare to a hypothetical Top Five Index.

    A Top Five 2019 Index would mean investing $200 into BTC, XRP, ETH, BCH, and EOS.

    An alternate reality: what if it had been the Top Five?

    After twenty-nine months, a Top Five Index would be worth $7,852, returning 685%. That's compared to the $5,594 (+459%) of the 2019 Top Ten.

    Once again, it is very clear that going with the five largest caps on January 1st, 2019 would have been the much better approach.

    Alright, that's crypto. How does crypto compare to the stock market?

    Comparison to S&P 500:

    I'm also tracking the S&P 500 as part of the experiments to have a comparison point with traditional markets. Although only adding 1% in May, it was enough for another all time high for the S&P:

    Month S&P levels since Jan. 2019

    Since the S&P 500 Index is up 68% since January 2019, the initial $1k investment I put into crypto a little over two years ago would be worth $1,680 had it been redirected to the S&P 500 in January 2019.

    Even though an extremely solid return for traditional markets, that +67% return is nearly four hundred percentage points behind the return of the 2019 Top Ten Portfolio over the same time period.

    But what if I took the same world's-slowest-dollar-cost-averaging $1,000-per-year-on-January-1st-Crypto-Index-Fund-Experiment approach with the S&P 500? It would yield the following:

    • $1000 investment in S&P 500 on January 1st, 2018 = $1570 today
    • $1000 investment in S&P 500 on January 1st, 2019 = $1680 today
    • $1000 investment in S&P 500 on January 1st, 2020 = $1300 today
    • $1000 investment in S&P 500 on January 1st, 2021 = $1120 today

    Taken together, here's the bottom bottom bottom bottom line for a similar approach with the S&P:

    After four $1,000 investments into an S&P 500 index fund in January 2018, 2019, 2020, and 2021, my portfolio would be worth $5,670 ($1,570 + $1,680 + $1,300 + $1,120)

    That is up +42% since January 2018 compared to a +349% gain of the combined Top Ten Crypto Experiment Portfolios, a difference of 307% in favor of crypto.

    Here's a table providing an overview of the four year ROI comparison between a Top Ten Crypto approach and the S&P:

    Crypto vs. S&P: crypto still far, far ahead

    That's an eight month streak and a 307% lead for crypto, about the same as a few months ago in March.

    Conclusion:

    Despite its first all red month since September 2020, the 2019 Top Ten continues to produce impressive returns. Stepping back and taking a long-term view on crypto is helpful, especially in down months. Have we topped out for this cycle? No one knows, but we should all have a better idea of where we are in the coming months. Buckle up.

    To both old-timers and newcomers: thanks so much for taking the time to read and for supporting the Top Ten Crypto Index Fund Experiments. I hope you find the updates helpful in terms of perspective as you navigate this strange and exciting crypto landscape.

    Feel free to reach out with any questions and stay tuned for progress reports. Keep an eye out for my parallel projects tracking the Top Ten cryptos as of January 1st, 2018 (the OG experiment), January 1st, 2020, and most recently, January 1st, 2021.

    If crypto is causing you to lose sleep at night, chances are you have too much in crypto: try to think long term, don't invest what you can't afford to lose, buckle up, and enjoy the ride.

    submitted by /u/Joe-M-4
    [link] [comments]

    The European Union just gave 10 percent of it's IOT security grant budget to the IOTA Foundation

    Posted: 09 Jun 2021 05:18 PM PDT

    https://cordis.europa.eu/project/id/101019645

    This works out to a total of € 535,000 granted to the IOTA Stiftung by the EU Community Research and Development Information Service for their SECANT platform which has the goal of "improving the readiness and resilience of the organizations against the crippling modern cyber-threats, increasing the privacy, data protection and accountability across the entire interconnected ICT ecosystem, and reducing the costs for security training in the European market"

    This is separate from the EU's involvement with iota on Ensuresec or CityxChange.

    You may have noticed that a lot of the EU government's language on crypto is switching away from using the word "blockchain" and is switching to " electronic ledger", and this is why. The second largest superpower on the planet(by GDP) is starting to see how we can move past the blockchain age, and into the future of distributed ledgers.

    I never thought I'd see the day that world governments would get this involved with cryptocurrency, so thanks to all the many thousands upon thousands of people who worked so hard to get crypto to be acknowledged as a technology that offers real solutions to massive infrastructure problems, and not just a way to buy drugs and meme it up. This string of governments legitimizing cryptocurrencies couldn't have happened without people like you. Thank you

    submitted by /u/egoic
    [link] [comments]

    This sub: don't ever tell anyone how much crypto you have, it marks you as a target for hackers and scammers. Also this sub: we'll just put your moon count in your flair and give you no way of hiding it.

    Posted: 10 Jun 2021 02:06 AM PDT

    Seems a little incongruous, don't you think?

    Some people think you should make the display optional, but I don't think we should be encouraging this behaviour at all. Just hide it, as it's completely against the ethos of the sub. Remember, this is an unregulated environment and we're exposing ourselves to malfeasance unnecessarily.

    submitted by /u/unc4l1n
    [link] [comments]

    To all the youngins out there looking to "yoloing" into crypto, please read this

    Posted: 10 Jun 2021 01:33 AM PDT

    This will rub some the wrong way but with all that has happened lately, I am seeing a ton of posts from dudes in their 20s and even younger talking about investing large amounts into low cap coins. Please understand that those coins are high risk.

    That doesn't mean you shouldn't sink some of your money into the crypto space, please do your own research before investing. This sub is amazing, crypto is fun and there is a lot of potential to make money. However, high risk coins shouldn't be your whole portfolio.

    Also make sure to show your 401k some love, look into other things as well.. DIVERSITY IS KEY!! It's something I certainly wish I'd tackled at a much younger age. Believe me, you'll thank me later.

    submitted by /u/Ench_Anted
    [link] [comments]

    It's hard to invest being broke.. but taking $5 a check is 100% worth it

    Posted: 09 Jun 2021 06:17 AM PDT

    I talk to my friends and they tell me they throw X amount into crypto to hold and I wish I could do the same. I've started having $5 taken out of each check and thrown into my crypto wallet. It's not much but it's better than not investing!

    Trust me it adds up, I get paid 2x a month and if you've seen the infamous 'I put 1k into crypto in 2018' post then know that $120 over the course of a year can easily become a solid chunk of change throughout the years.

    Anyone else have strategies that they do in order to invest small amounts into crypto when you're broke?

    submitted by /u/Viridez
    [link] [comments]

    After El Salvador, India may move to classify Bitcoin as an asset class

    Posted: 10 Jun 2021 03:37 AM PDT

    The fact that several South American countries are now embracing Bitcoin will destroy the old “Nobody Uses Bitcoin” narrative

    Posted: 10 Jun 2021 02:25 AM PDT

    Polygon/Matic fees are about 900x cheaper than on Binance Smart Chain (BSC).

    Posted: 09 Jun 2021 08:38 AM PDT

    This was done a week or two ago. I was pretty surprised to see this myself.

    Polygon - $0.00003969

    BinanceChain - $0.0357

    Ethereum - $8.80

    Here is a guide on setting up a MetaMask wallet for Polygon in case anyone is wondering how to do that.

    Over the past couple of days I've been playing around with Polygon and am pretty impressed. It's very fast and very cheap. Still needs more platforms on it, which are consistently filtering in, but holds a lot of promise. Add in Arbitrum being released last week (?) and a slated opening to the public in the next few weeks and this may be the Layer 2 Summer-palooza. Pretty exciting.

    submitted by /u/pale_blue_dots
    [link] [comments]

    Just made a big boy decision today.

    Posted: 09 Jun 2021 06:03 PM PDT

    After getting my virgin crypto cherry popped by the cluster fuck that is dogecoin I finaly decided to do something I've been meaning to do for a long time... get all of my money OUT OF DOGECOIN! after hearing about the historical set of laws passed by El salvador today I decided to put a good portion of my crypto into bitcoin and spread the rest of my funds around on other various coins I've done some research on. If I have anything to thank Elon for regarding his little scam I have to say thank you Mr musk for getting me into crypto in the first place because without your dumbass set of midnight tweets I would never have relised how much I love trading and how much I enjoy the community around it. I've finaly made it from a scared little HODLER to a day trader. While I still only know about 10% of how all this works I must say it's been one of the most interesting and educating years financially and personaly that I have ever had. Thanks to all of you for answering all of my stupid, silly or overall just common sense questions and I hope to one day make a nice chunk of change of crypto, and if not at least I had fun along the way!!!

    submitted by /u/rayjr1806
    [link] [comments]

    Imagine its June 2011 and you get a glimpse of a reddit page 10 years into the future and you see this headline: "El Salvador to mine Bitcoin with volcanoes"

    Posted: 09 Jun 2021 09:18 PM PDT

    BTC is somewhere around $15 but you have no knowledge of future pricing. How bullish does this headline make you? Is it too far out there or are you selling your kidneys? Considering how BTC was being mined back then I would probably invest in a dialisys machine first.

    https://decrypt.co/73177/el-salvador-mine-bitcoin-volcanoes-president-nayib-bukele

    submitted by /u/Dogloks
    [link] [comments]

    ETH 2.0 saw the largest number of deposits in May increasing the total value locked to $14 billion

    Posted: 09 Jun 2021 06:41 PM PDT

    As of yesterday, $14 billion worth of ETH is currently locked and being staked for ETH 2.0, spread out between 160,000 validators.

    There have been 8 slashing events since February. Overall, it seems like Ethereum 2.0 is working well as of now, and investors seem confident in the future.

    submitted by /u/Gatoeses
    [link] [comments]

    No comments:

    Post a Comment