Cryptocurrency New Moons Distribution (Round 16 Proposal) |
- New Moons Distribution (Round 16 Proposal)
- Daily Discussion - August 5, 2021 (GMT+0)
- Sen. Elizabeth Warren: Crypto markets might need bailout someday without proper regulation. Showing again she has no idea what she’s talking about.
- A message from Kraken: The Senate is about to vote on a bill that could kill crypto
- Stablecoins should be backed by Arizona Iced Tea
- Disqualify removed content from moon rewards.
- Governance Poll: Staggered Daily Discussions
- SEC Chairman who Called Crypto "Scam" and "Fraud" has Worked nearly 20 Years as Banker for Goldman Sachs: Conflict of Interest?
- Dogecoin is dead! It’s a good thing too.
- I had to sell... And it almost broke my heart!
- I always see posts comparing MOONS to 3rd World salaries. Have MOONS actually helped anyone here financially?
- Holochain has zero gas fees, there is no limit to TPS (it's a meaningless concept for Holochain), and it's just about the greenest protocol out there. Am I missing something, or is this the best solution right now?
- I did some math for Moons distribution
- Be honest - do you have an emergency fund?
- CryptoPunk NFT Worth $200,000 Accidentally Sold for a Cent
- Karma Needed To Earn A Dollar (August 2021)
- A one sentence summary of all the most popular scams so you know what to look out for.
- Ethereum price targets $3,000 with zero opposition ahead of ETH
- Algorithmic limit for number of coin posts
- Uruguay looking to use BTC as legal currency after El Salvador
- The best performing crypto asset classes this year - a deep dive
- Ethereum flips Disney, Nike, and Netflix by market cap!
- If you are making profit on any coin, I am happy for you
- I did filter top 400-500 so you don't have to.
- Dear Pepsi or Coke, please give out Crypto rewards
- Everytime I transfer my crypto, I can feel my body is shaking, and I’m scared I’ll lose everything.
- Crypto cycles have in the past been determined by Bitcoin bull runs. Could Ethereum create a new parallel cycle?
| New Moons Distribution (Round 16 Proposal) Posted: 04 Aug 2021 03:47 PM PDT Update (8/4): Following the successful passing of this proposal, this distribution incorporates a change to allow users to tip up to 100 Moons per round without losing their 20% karma bonus. 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 2021-07-07 to 2021-08-03. Here is the data. To propose an alternative distribution:
The contribution scores for this round will be finalized on 2021-08-11. 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 with a registered Vault will receive Moons directly into their Vault. Other users will receive their Moons when they create and register a Vault. [link] [comments]  | ||
| Daily Discussion - August 5, 2021 (GMT+0) Posted: 04 Aug 2021 05:00 PM PDT Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: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:
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| Posted: 04 Aug 2021 09:49 AM PDT
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| A message from Kraken: The Senate is about to vote on a bill that could kill crypto Posted: 04 Aug 2021 02:57 PM PDT The U.S. Senate is beginning its final deliberations on a "must-pass" bipartisan infrastructure bill. However you feel about the bill, a few senators have included language having nothing to do with infrastructure – and this language could crush the crypto industry. If passed and signed into law, this bill would dramatically expand U.S. government surveillance over the entire crypto ecosystem. Fortunately, Senators Wyden, Toomey and Lummis have introduced amendments that would fix the language and clarify that the expansion of the definition of a "broker" doesn't apply to open source software developers or validators like miners or stakers. Help us preserve financial privacy and independence in crypto. Make your voice heard! Call 517-200-9518 and you'll be automatically connected to your senator. Tell them: "Hi, I'm calling to ask that you support Senator Toomey, Wyden and Lummis' amendment to the cryptocurrency provision of the infrastructure bill (H.R. 3684). Toomey's amendment will ensure that the provision does not dramatically expand financial surveillance, harm innovation, or undermine human rights. Policies that impact basic freedom and the future of the Internet should be debated carefully and should never be attached to must-pass bills. Thank you." Edit: adding resources for information. [link] [comments]  | ||
| Stablecoins should be backed by Arizona Iced Tea Posted: 05 Aug 2021 12:03 AM PDT The price has been a dollar for as long as I can remember. All we need to do is put some in reserve and it will be backed 1:1. I don't see any downsides to this, you heard it here first. Filling this in for the character limit, i'm almost done just ignore it, thanks [link] [comments]  | ||
| Disqualify removed content from moon rewards. Posted: 04 Aug 2021 07:33 PM PDT Currently, karma is counted towards the monthly moons distribution even if the moderators remove content from which the karma is earned. The reason for this stems back to when the community use to have an event called Weekend Memes. The intention was to count karma even though all meme posts were removed on Sunday at midnight when Weekend Memes ended. Since Weekend Memes was discontinued several months ago, this concern is no longer valid today. It makes logical sense to only award moons to content which does not break the rules. If the act of breaking the rules means being rewarded, then why have rules in the first place? The consequences need to be consistent. We don't want upvote parties or brigades to be further incentivized. In this poll, I propose not awarding moons to removed content, whether it is a submission or a comment. If a submission is removed, comments in the corresponding comment section will still qualify for moon rewards. However, comments which break our rules in these particular comment sections will still be disqualified from moon rewards. Also to clear up any potential confusion, deleted content will not be affected. If you delete a submission or a comment of yours, the karma from this content will still be counted towards the next moon distribution. In Reddit language, content removal is performed by a mod or admin and content deletion is done by the original author. As a reminder, this poll has been submitted twice already. Here are links to the first and second attempts. The first poll had 2.2 thousand votes and 7.2 million moons with 68.7% in favor and 31.3% against. The following poll had a much better vote to moon ratio with 7.4 thousand votes and 7 million moons with 74% in favor and 26% against. They did not pass since the moon decision thresholds were never reached, even though the voting majorities were in favor. Since the moon thresholds for the prior polls were never reached, the proposal technically did not fail. It just is not settled yet. In order for the proposal to be truly settled so we can declare it has passed or failed, we need a majority voting in favor or against it with the moon decision threshold reached. [link] [comments]  | ||
| Governance Poll: Staggered Daily Discussions Posted: 04 Aug 2021 11:32 PM PDT I want to participate in the daily discussion myself, but it gets posted at 4am in my country. By the time I wake up, there's already 10k comments. Now the daily is partially active regardless of time, but a large chunk of the activity is during the first few hours. Currently, all of Africa, the entirety of Europe, the whole of the Middle East and east Asia is asleep when the daily is posted. I propose posting the daily discussion 4 hours apart every day of the week. It would look like this: This way, There's at least 4 days a week where a person can comment early(assuming you're awake for 16 hours) and 5 days for Americans. The previous daily discussion only gets taken down once the new daily is posted. There will be a daily discussion up at all times. [link] [comments]  | ||
| Posted: 04 Aug 2021 07:11 PM PDT
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| Dogecoin is dead! It’s a good thing too. Posted: 04 Aug 2021 08:02 PM PDT While almost every coin is up hella over the last 2 weeks, doge is stuck at 19-20 cents😂 I think doge brought in a ton of new people to crypto including myself and during this dip over the last few months most of us studied up and realized it's a shit coin and have pulled our money out and invested in quality projects! Thank you doge for bringing me into crypto and snatching 50 percent of my portfolio and teaching me how to get that 50 percent back by not investing in you anymore😂 Edit: a lot of you are missing the point but I would expect nothing less from Reddit. My point is the hype is dead. And most of the investors have realized there are much better projects to invest in instead of doge which is why we are seeing most legit projects pump these last two weeks while doge stays stagnant. This does not mean doge will never go up again. I'm sure it will go up during the next bull run as almost all coins will. But I still think it's a shit coin in comparison to other top tier coins out. Also this is my first ever post in this subreddit and it's about my own personal experience. It's not a damn moon farming post I'm actually surprised it's gotten this much traction. I appreciate all the comments, especially the hate😂 [link] [comments]  | ||
| I had to sell... And it almost broke my heart! Posted: 05 Aug 2021 02:03 AM PDT I know, I know, i am usually the first to complain about those self-story posts, but here i am writing one myself... I m currently on vacation and my wife run into a dental emergency! Nice, dental insurance doesn't cover, and we need to pay cash... The solution to the dilemma? Crypto! I was always a HODLer not a seller but this was important, so what to sell? Moons! I had hodled moons from 3 distributions and was planning to keep holding them, but this was an emergency. Luckily i was able to wait until the snapshot, to at least get the 20% bonus. With a heavy heart i sold my moons on moonsswap and converted them to EUR on Binance and moved them via advcash to my revolut account. Wife is on the way to the dentist and all of it thanks to this sub! Thanks guys! [link] [comments]  | ||
| Posted: 04 Aug 2021 11:05 PM PDT Just curious, right now I'm living in Thailand and my current moon stash is about 3 months rent which is crazy. And no I don't live in a shack or a hut on the side of the road. I live in an ok condo. I haven't actually cashed out yet, hoping this covid shit ends so I can go back to making money before I sell my MOONS. But it's nice to know it's there. How about you guys? Have they actually helped you financially? Please don't make this a moon beggar circle-jerk, just a discussion [link] [comments]  | ||
| Posted: 05 Aug 2021 12:07 AM PDT As per the title, really. Holochain is different because it's agent-centric, and everyone has their own chain, which is verified by a random selection of others on the network with the same version of the hApp. This means that transactions don't need to be made in series (because there doesn't need to be a universal consensus on the source of truth) and the TPS is therefore unlimited. This solves the speed issue of crypto by circumventing it. Am I missing something, or is this a complete game-changer? [link] [comments]  | ||
| I did some math for Moons distribution Posted: 04 Aug 2021 04:02 PM PDT I did some math for Moons distribution: - 1,710,052 Moons will released to the users during this distribution. - The total karma according to the CSV file is 6,403,903. - Moons/karma ratio will be around 0.267. So if you have 100 karma in the CSV , you'll get 26.7 moons. - With the current price of $0.377 for 1 Moon, each Karma point is worth around $0.1. - Moons will be 47% distributed after this round. - 16 users managed to get the maximum 15,000 karma points and will get around 4005.5 Moons each worth $1,512 with current prices. - The median (average) karma is 10 or 2.67 moons. - 44302 users will get moons this distribution. - Top 50 users (with 12228+ karma) will get 11.07% of total moons. - Top 500 users (with 2370+ karma) will get 45.36% of total moons. - Only 66.9% of users getting moons this round have already opened their vault. - The user with highest karma score who hasn't opened a vault yet has 4197 karma points and will get 1120.7 moons. - 93.65% of users will get less than 100 moons. This is all based on current rules and CSV file and it can be changed by an alternative distribution poll. [link] [comments]  | ||
| Be honest - do you have an emergency fund? Posted: 04 Aug 2021 09:21 PM PDT If you don't, you need to establish one before you invest another cent. Because crypto - all of it - is risky AF. And emergency funds are something that never comes up here. If you don't have a non-crypto emergency fund, then you're investing more than you can afford to lose. I know we're all hoping for big returns, but the last few months alone have proven that the crypto market is wildly unpredictable. Your emergency fund isn't just your savings account. It's an earmarked total that you know will cover x months of all your expenses. Food, shelter, transportation, childcare. Every unavoidable expense. So, do you have an emergency fund? How many months are you covered for? [link] [comments]  | ||
| CryptoPunk NFT Worth $200,000 Accidentally Sold for a Cent Posted: 05 Aug 2021 01:12 AM PDT
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| Karma Needed To Earn A Dollar (August 2021) Posted: 05 Aug 2021 12:21 AM PDT
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| A one sentence summary of all the most popular scams so you know what to look out for. Posted: 04 Aug 2021 04:03 AM PDT I'm not going to write an essay here about each one, but rather, consider this a one page primer on what to watch out for and how to avoid it. SIM swap How it works: Scammers use personal info to trick your phone company into transferring your number to their SIM, then use your phone + personal info to gain access to emails, crypto exchanges and more. How to avoid it: Always use an Authenticator based 2FA instead of phone, and don't link email addresses to your phone. Never reveal the phone number / email address attached to your crypto accounts. Fake versions of popular apps, browser extensions and exchange websites. How it works: You click a link that installs/visits a replica version of the real thing, which will send your passwords and personal info to scammers and/or sneak in scammer wallet addresses when you're transferring crypto. How to avoid it: Only install apps, wallets and extensions from the official website; triple check any website addresses for anything crypto related. If you use google don't click on the "ad" version of websites, as scammers sometimes pay for their scam version to show up there. Clipboard Hacks How it works: Malware takes the crypto address you copied to the clipboard and replaces it with the scammer's address, so your crypto gets sent to the scammer. How to avoid it: Triple check the address you're sending crypto to, if you find you've been compromised, a full reformat + factory reset is the only option. Change all crypto passwords, email passwords, new authenticator on separate device. Gas trap How it works: Someone posts the seed to a wallet full of ERC20 tokens; in order to take the tokens you need to transfer ETH to the wallet to pay for gas; they have a bot that takes the ETH straight away. How to avoid it: Don't trust anyone giving you free stuff. Pump and Dump Groups How it works: You join a group that claims they will pump a coin to dump on the general public for a profit, however the organisers have already filled their bags and dump on the group instead when they release the name of the coin. How to avoid it: Now you know what it looks like you can avoid it. Rug Pull / Exit scam How it works: Developers of a shitcoin spend months shilling their coin & paying influencers to shill their coin. Once the price has reached a certain point they dump their bags or drain liquidity pools taking everyone's money and the coin's value goes to zero, How to avoid it: Thoroughly research every coin you invest in, make sure the developer team are doxxed and are trustoworthy. Don't buy any coins shilled by influencers. Social engineering tricks / Phishing How it works: Scammers trick you into sending them crypto, your seed phrase, or your personal information. They might pretend to be customer service operators or high profile traders and promise you all kinds of things. They will use the medium of email, DMs, social media channels or chat groups. How to avoid it: Don't trust anyone who offers you free stuff. Don't share your seed phrase or personal info with anyone. Fake exchange or DeFi websites. How it works: A hot new DeFi project is offering 1000% APY if you deposit your coins with them. Once you transfer the coin, they take it, or you see paper gains but you'll never be able to withdraw, or you get rugged - either way you can never get your money back. How to avoid it: Thoroughly research any exchange or DeFi product before you invest with them. Ponzi/Pyramid coins. How it works: These coins promise high returns or high gains, usually they involve deflationary tokenomics or other tricks to get people interested, all the price gain however is through other investors, there's no actual product or service associated with the coin and the price will eventually collapse. How to avoid it: Thoroughly research coins before investing - check out some of the DYOR guides that have been posted here. Fake coins How it works: Scammers create a coin with a similar name or ticker code to another popular coin and you end up buying the fake coin instead of the real one. How to avoid it: Check the coin you want is offered on the exchange you're using, triple check the name of the coin your buying and the chain you're buying it on. [link] [comments]  | ||
| Ethereum price targets $3,000 with zero opposition ahead of ETH Posted: 04 Aug 2021 04:25 PM PDT
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| Algorithmic limit for number of coin posts Posted: 04 Aug 2021 06:54 PM PDT
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| Uruguay looking to use BTC as legal currency after El Salvador Posted: 05 Aug 2021 01:34 AM PDT
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| The best performing crypto asset classes this year - a deep dive Posted: 04 Aug 2021 09:23 PM PDT Crypto has become more than a single asset class, with coins and tokens trying to solve hundreds of different issues. I decided to research the best performing asset class of this bull run, to see what netted the most profit, which could be helpful for more trends in the future. Methodology: I calculated the YTD gains you would have made for the current top 75 coins. Then in each asset class, I calculated a weighted average for each project, based on market cap (ie. investing 20 dollars into a 2b market cap project, but 40 dollars in a 4b project). With that, I calculated a weighted average gain for each class. Click the percentages for the data, all coin data is linkedStablecoins - Weighted average gains - 0%Unsurprisingly, stable coins haven't moved much this year… Store of value - Weighted average gains - 36%The only real store of value, Bitcoin, comes next. We all know Bitcoin doesn't move as fast as altcoins, but is a far safer investment against downside as well. Privacy Currencies - Weighted average gains - 81%Privacy coins came next, showing the increasing importance the market is placing on anonymous transactions. Currency / Payment Protocols - Weighted average gains - 138%Non-private currency coins have gained well this year, possibly due to less regulatory pressure when compared with privacy coins. Interoperability Platforms - Weighted average gains - 247%Interoperability platforms have all performed well this year, all above triple digit percentage gains. DeFi - Weighted average gains - 252%DeFi has been all the hype this market cycle, showing crazy gains for most lending protocols. Storage - Weighted average gains - 384%In an unexpected appearance, P2P storage coins to store and share data have done incredibly well this year. Smart Contract / Distributed Computing - Weighted average gains - 406%To nobody's surprise, smart contract platforms have done incredibly well this year, with not a single top 75 smart contract platform in losses. Centralised Exchange / CeFi Tokens - Weighted average gains - 681%Centralised exchange tokens have done really well, mainly propped up by the sudden gains made by BNB as Binance dominates crypto markets. Decentralised Exchanges - Weighted average gains - 685%Dexes have been more and more popular as DeFi becomes more common in the crypto industry, leading to great gains. Stablecoin Protocols - Weighted average gains - 1575%And finally, in another unexpected appearance, algorithmic stablecoin protocols have done better than almost every other asset, with the market wanting more options in using stable coins for DeFi. Other / Unique CoinsThese are the coins I couldn't categorise into a specific asset class, but here are the gains. ConclusionIn general, DeFi focused projects (DEXes, decentralised stablecoins, lending protocols) have all done extremely well. We all know this market cycle has been extremely DeFi dominated, so this isn't a huge surprise. Smart contract platforms have also done incredibly well, carrying on the craze from the 2017 market cycle. Other asset classes have also done well, with no asset class in losses, but DeFi and Smart Contracts have dominated this cycle. [link] [comments]  | ||
| Ethereum flips Disney, Nike, and Netflix by market cap! Posted: 04 Aug 2021 02:45 PM PDT | ||
| If you are making profit on any coin, I am happy for you Posted: 04 Aug 2021 11:03 PM PDT We love to shame certain coins in this subreddit. Most of the times people mean it well because it concerns certain shitcoins which truely are have nothing going for them. But either way most of us are here to make some (life changing) money. if you make profit, I happy for you. Life is hard. Be nice to each other. We are all in this together. I hope you make it. [link] [comments]  | ||
| I did filter top 400-500 so you don't have to. Posted: 04 Aug 2021 11:32 AM PDT
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| Dear Pepsi or Coke, please give out Crypto rewards Posted: 04 Aug 2021 08:13 PM PDT Hello dear Pepsi or Coke. Currently you have Coke/ Pepsi Rewards. If instead of giving out these rewards, make it so that people can get crypto out of them. More people would buy this as Coke rewards or Pepsi rewards are not really scalable. With Crypto, it will create a hype and more people would buy coke since it would be like a "cash back" system, or in this case "Crypto back", and with the possibility of the crypto gaining price and rewarding the consumer. A simple QR code under the caps or somewhere hidden where it would make it easy for the consumer to scan once they have opened the bottle or somewhere better hidden to avoid people just opening the caps. I believe this would be a great tactic and would make people buy more of your product. Thank you Full advisory and disclaimer, I am partial owner of 1 Coca Cola stock [link] [comments]  | ||
| Everytime I transfer my crypto, I can feel my body is shaking, and I’m scared I’ll lose everything. Posted: 05 Aug 2021 01:32 AM PDT Does anyone of you guys feel the same way when you're transferring or withdrawing cryptos? In my case, my butt cheeks will clench so much that even piece of sand is unable to enter my rim. Typing or copypasting this long nonsense word that's being made of capital letters and numbers? Hell naaah. If we want crypto to succeed in mainstream world, I can't imagine boomers copypasting addresses without mistakes, when even zoomers are stressing out. Especially when there are some cases, where when you copy your crypto address and then you paste it into transfer option, some shady malwares are able to change that destination address of yours for their own, meaning that they'll scam you. Crypto has to come with some other option for the not-so-technical well educated people, so they'll be able to transfer their cryptos without being stressed out, same as me or even more. I know that "measure twice-cut once" should be applied, in crypto it should be even measure 10 times-cut once". We need that in order for crypto to become more mainstream. [link] [comments]  | ||
| Posted: 04 Aug 2021 09:54 PM PDT That's it. For years the cryptocurrency market has been dominated by its famous grandpa Btc. With Eth's market cap rising, the OG might have a challenger in the future. What could the crypto market look like with two different big bosses? [link] [comments]  |
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