Cryptocurrency Securing your seed phrase is extremely important! Safe Seed is giving away 5 complete stamp kits along with 500 Moons! |
- Securing your seed phrase is extremely important! Safe Seed is giving away 5 complete stamp kits along with 500 Moons!
- Daily Discussion - August 17, 2021 (GMT+0)
- The Ethereum triple halving and why ETH will easily overtake BTC in marketcap
- Mic drop, I'm out!
- The system which Moons are built on is launching on the MainNet this month. Moons could be on the MainNet very soon.
- I remember thinking in 2016 that it was too late to invest in crypto.
- What's the word cryptocurrency in your own language?
- New $3 earn on Coinbase for Fetch.ai
- Cryptocurrency around the globe ��
- Billionaire Mark Cuban reveals he owns only $500 worth of dogecoin, despite his praise for the meme token
- Safemoon is down 17% in the last 24 hours while the whole market is in heavy green...just for scale, even ICP is up a solid 6%...
- The best cryptocurrencies on each category (my list)
- Microsoft plans on using Ethereum to fight piracy
- Ethereum staking comes to Ledger hardware products
- Coinbase is poaching Bankers from traditional Finance and hiring them.
- I just wanted to thank this community with helping me pay for my therapy with crypto.
- $312.79M of Crypto Shorts got Liquidated in the last 24h, Nearly 10000 Bearish Traders Rekt
- Are you all-in on crypto or do you diversify?
- Don't let downvoting stop you from voicing your opinion.
- How to keep your Metamask wallet safe
- Maryland Man Charged With Laundering $139,000,000 in Bitcoin From a Prison Cell | The Daily Hodl
- 37 Billion Dogecoin Is Owned By Only 31 Investors
- it is sad the average person is too afraid of cryptocurrency to even consider stablecoin staking.
- Ahoy Crypto Beginners ! Come on in, we don't bite and we want to help
- How crypto currency change your Life?
- Thinking of buying one of these.. XLM or XRP ??
| Posted: 16 Aug 2021 06:26 AM PDT
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| Daily Discussion - August 17, 2021 (GMT+0) Posted: 16 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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| The Ethereum triple halving and why ETH will easily overtake BTC in marketcap Posted: 16 Aug 2021 11:41 AM PDT
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| Posted: 17 Aug 2021 01:01 AM PDT Crypto has been taking up too much of my time for quite a while now. YouTube vids about microcap altcoins, reading about smart contracts, updates, high growth shitcoins, Musk, White papers, r/cryptocurrency, charts, portfolios. All this has had a disastrous effect on my marriage especially considering the amount of money that is going out of our shared bank account. I no longer have time or patience to be be with the kids. No longer go out with my friends to play basketball. Things are bad - aside from the fact I'm making money on the side! So, I decided today that I'm out. Leaving my wife and kids so that I can properly concentrate on what matters - crypto and basketball. Wish me luck, guys! [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 16 Aug 2021 08:35 PM PDT Reposting because the AutoMod removed my old post for being about Ethereum even though it was about Moons. I can't believe that I haven't seen more discussion around this. Arbitrum, the L2 solution which moons are built on, will be launching on the Ethereum MainNet in beta later this month. Moons are even mentioned in the article:
Hopefully Moons can get listed on some major exchanges once this happens. I have never been more bullish on Moons. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| I remember thinking in 2016 that it was too late to invest in crypto. Posted: 16 Aug 2021 08:43 PM PDT I remember when a buddy of mine in college started mining Bitcoin around 2011. I don't even think it was over $1 at that point. By 2015, he was already pretty wealthy. Then he became very rich. He tried so many times to get me to start mining back in 2011, and I even did for a brief period of time, but I gave it up and eventually lost track of whatever wallet I used. The point of the story here is that when you watch people make huge gains off Bitcoin or other coins, it's easy to think that the chance for you to do the same has past. But that's definitely not the case. The total market cap of crypto is still a small fraction of the dollar. There is still massive growth that's going to happen. Today is as good a time as any to start with crypto. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| What's the word cryptocurrency in your own language? Posted: 17 Aug 2021 12:12 AM PDT It's great to see that we all come from various backgrounds and the word cryptocurrency is kinda a weird one. So It'd be cool, to know what it's called in your native language. Let me start with Kryptowährung (German, yes you can read it in an aggressive way) [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| New $3 earn on Coinbase for Fetch.ai Posted: 16 Aug 2021 01:03 PM PDT I just got a new earn on my coinbase account. It initially went away when I clicked it, but then it came back. $3 (for me in USA) fetch.ai, might not be available for everyone yet, but keep an eye out it should be available to you soon. edit: update w/ answers:
edit2: seems available to majority of users now, check both app or website if you don't see it [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cryptocurrency around the globe �� Posted: 16 Aug 2021 05:33 PM PDT
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| Posted: 16 Aug 2021 07:34 AM PDT
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| Posted: 16 Aug 2021 10:54 AM PDT
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| The best cryptocurrencies on each category (my list) Posted: 17 Aug 2021 02:34 AM PDT Hey guys, it's been a while since I wanted to post this post, so I'll start by putting each category and its 3 best crypto, I don't want to make this post very long because some people don't have much time, so let's go ! Crypto for decentralized applications and smart contracts :
Digital gold : (store of value)
Fast payments :
Privacy coins :
Stable coins: (fuck tether)
Well hope you guys love my list, thanks for reading ! [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Microsoft plans on using Ethereum to fight piracy Posted: 16 Aug 2021 07:42 PM PDT
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| Ethereum staking comes to Ledger hardware products Posted: 16 Aug 2021 11:51 PM PDT
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| Coinbase is poaching Bankers from traditional Finance and hiring them. Posted: 16 Aug 2021 08:02 PM PDT https://www.efinancialcareers.com/news/2021/08/coinbase-jobs-london As you can see, the tides are turning, who would have imagined Investment Bankers to be hired by Cryptocurrency companies 5 years ago? the longer yall hold, the longer the rewards will pile up. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| I just wanted to thank this community with helping me pay for my therapy with crypto. Posted: 17 Aug 2021 02:31 AM PDT I've been a long time lurker in this subreddit, but I've been taking notes with what I've learned the last few months and I've been able to afford therapy I wouldn't have been otherwise. I've been struggling a lot this year and being able to afford help has been a life saver. Thank you all again, and one day I'd love to be able to help someone in their time of need. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| $312.79M of Crypto Shorts got Liquidated in the last 24h, Nearly 10000 Bearish Traders Rekt Posted: 16 Aug 2021 05:18 PM PDT | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Are you all-in on crypto or do you diversify? Posted: 17 Aug 2021 12:22 AM PDT I'm wondering how many of us, using crypto as an investment, spread there investments or go all in? The bulk of my money is invested in crypto, but lately I've been starting up extra investments like microloans, crowdfunding real estate and regular funds. What do you all use? [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Don't let downvoting stop you from voicing your opinion. Posted: 16 Aug 2021 07:50 AM PDT I think that there is considerable number of people which are afraid to share unpopular thoughts and opinion in their comments, because they are afraid of heavy downvoting or scared of orchestrated downvoting squads. Of course you should follow the rules, be decent human being and be kind to the rest , but what if: You like safemoon - why not, reason yourself. Maybe you are not a big fan of ADA, let the others know why. Maybe you disagree with some rules here, share your thoughts for the better. The truth is born in argument, your freedom of speech should not be influenced by the number of moons you might lose. Thank you. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| How to keep your Metamask wallet safe Posted: 17 Aug 2021 02:51 AM PDT Decentralization is becoming increasingly important and is an indispensable aspect of the crypto revolution. With the growing number of decentralized exchanges (DEXs), the world of decentralized finance (DeFi) is gaining in investors. One of the options for trading on decentralized exchanges is via Metamask. But how do you keep your Metamask safe and how do you prevent your digital assets from being stolen? What is MetamaskMetamask is a software wallet that makes it possible to trade on various decentralized exchanges. Originally, MetaMask was designed to be an Ethereum wallet. Luckily, it is already possible to connect it to different networks, so that you can trade with your Metamask on different DEXs and in different networks. The browse extension gives you instant access to various protocols for trading crypto. Always make sure that you send your currency to the correct network! The advantage of Metamask is that no one, except you, can determine anything about your own digital assets. It remains a strange fact for many investors that their crypto, on platforms such as Binance or Bitvavo, is still not entirely theirs. In principle, these exchanges can be hacked or go offline where your crypto is lost. Hence the famous saying 'not your keys, not your coins'. This is different with Metamask. It is with wallets such as Metamask that you are the only person who does have the keys and the coins are therefore exclusively in your possession. But there are other dangers lurking here. Metamask: Basic SafetySetting up a Metamask is child's play, but as easy as it is, it's important to be aware of the potential risks. Let's discuss the basic safety of your Metamask. Seed PhraseWhen creating your unique wallet, you will receive a seed phrase. These are 12 random words that serve as access to your Metamask wallet. This unique sequence gives a user direct access to your wallet. Therefore, write down this seed phrase when creating your wallet and keep it somewhere offline in your home. This way you can keep it in a safe, so that it is never lost. For example, if you have a new computer, you can download the Metamask browser extension again and restore your wallet with this unique code. Already have an account and have no idea what your seed phrase is? Then it is also possible to consult this combination of words from your personal account. But beware, this is not entirely without danger either. We are now reasonably familiar with the internet, but we are not sufficiently aware of the dangers. One of the most underestimated dangers is using a public network when using your wallet. Public networkWant to trade quickly on the bus or train via your Metamask? Not the best idea. A public network is a hotspot for scams and it is therefore easy for a cybercriminal to access. No reason to panic, if you give your social media an update, but when you do financial transactions, a hacker can get your login details immediately. Due to this, it is better to only use your Metamask via a secure network. This also applies to all software wallets and hardware wallets. Giving permissionsQuickly approve that transaction? The world of crypto is still new and we quickly become familiar with the matter, sometimes too quickly. Quickly do that swap via Metamask and immediately give approval. Please note: with every transaction you will receive a warning from Metamask which access you grant exactly. Normally they only get access to the public address to make the transaction public on platforms such as EtherScan. It may happen that you are asked to grant a different access, which you are not aware of. This freedom comes with great responsibility. Are you not paying attention and giving approval to something you actually don't agree to? Then the damage is already done. Due to this, double checking is a must. Hardware walletDo you already have quite a bit of currency in your software wallet? Then it is a good idea to invest in a hardware wallet. Always keep in mind that there is a chance that your software wallet can be hacked. The more currency you have stored on your wallet, the more interesting it is for hackers. When you use a hardware wallet, you can say with certainty that no one, except you, has access to this currency. Examples of these hardware wallets are Trezor and Ledger. Possible HacksThere are several ways hacks can take place. I will discuss a few here, so that you can hopefully recognize and prevent them in time. Metamask unlockedSuppose you want to make a transaction and you go to a decentralized exchange, such as UniSwap or PancakeSwap and you unlock your Metamask. From this point on, not only does the protocol have access to your Metamask, but all other open tabs will also see that your Metamask is unlocked. Since the blockchain is public, knowing the address of your account is enough to view every outgoing and incoming transaction that has taken place in the past. Anyone can consult this via, for example, EtherScan. A scammer therefore immediately gains insight into your currency based on your transactions. Do you have a lot of currency on your Metamask? All the more interesting it is for a scammer to take you as a target. Fake notificationsYou may receive a false notification based on your transaction. You will receive a notification that your transaction has failed, and you will receive an overview of all details, such as currency value, destination address and date. When you go over this notification, the website proposes a new transaction, for the same amount. The transaction window looks identical, although the scammers have subtly changed the address. You tend to confirm it again here, but in reality you are just sending your currency directly to the scammer. Incoming transactionsYou may also receive a notification about an incoming transaction. Based on real data from previous transactions, you will be notified that you have to approve this transaction by means of a signature. This is the same principle as when you receive a package at home, which you have to sign for receipt. If you already have experience with crypto, you know that you do not have to give approval for an incoming transaction. Yet these are mistakes that can be made quickly, often with disastrous consequences. Metamask lockedEven if your Metamask is locked, a website can still see that you are a Metamask user, without having your address details. As long as it remains locked, not much can be done with it, but they can trick you in various ways so that you unlock your Metamask. Let's see how this happens: TimingAs mentioned above, all open tabs will have access to your data from the moment you unlock your Metamask. Suppose you want to make a transaction via your Metamask, and you receive a transaction proposal. Metamask doesn't tell you which site this came from; it can happen that another website suggests this to you. This automatically assumes that this transaction is legitimate and therefore also comes from Metamask and the active protocol. PhishingThe goal for a scammer, of course, is for you to unlock your Metamask so that he can access your digital assets. Here you may get a fake pop-up screen, explicitly asking for your password and even your seed phrase. Having a password is of course important, but a cybercriminal still needs access to your private keys. If they have access to this, that's the end of the story. Metamask security settingsFortunately, there are also a number of things that you can set well in advance to minimize the above risks. These take place in the settings of Metamask itself. One of the most important and important settings is the automatic locking of your wallet. You can set this via the browser extension as well as via the application. Auto-lock timerJust like with your phone, you can have your Metamask locked automatically after a certain amount of time. It often happens that after making a transaction you forget to lock your wallet back, which again offers a scammer plenty of opportunities. How you can set the auto-lock timer via the browser extension:
These settings are of course also available via the mobile application:
Connecting MetaMask with your ledgerThe safest way of trading is always to use a hardware wallet. With a ledger nobody has access to your assets. You can also connect your ledger to your Metamask, so that after completing the transaction, you are immediately completely offline and safe from online hacks. Via the settings, you can choose to use the Use Ledger Live at advanced. This is a bridge with your ledger. You can activate this function. ConclusionThe popularity of DeFi is increasing daily and trading on various decentralized exchanges is becoming a daily business for many investors. The first time you connect a software wallet to a DEX it is awkward and new, but after a few times it feels familiar and familiar. But at these moments the danger lurks. You become blind to the risks and possible scams that can take place. That's why it's important to keep your Metamask safe. I have shared the main scams and scams so that you can be extra careful with your Metamask wallet. A common saying in the world of crypto is "not your keys, not your coins". This refers to central exchanges that have power over your digital assets. In response, investors are making the switch to the world of decentralized finance, but above all, with great power, comes great responsibilities. There is no other party that acts as a backup when something goes wrong with your digital currency. No one, absolutely no one else, is responsible for your actions and transactions in the world of DeFi. That is why it is so important to observe these safety measures. Keep your assets safe! [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maryland Man Charged With Laundering $139,000,000 in Bitcoin From a Prison Cell | The Daily Hodl Posted: 16 Aug 2021 07:15 PM PDT
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| 37 Billion Dogecoin Is Owned By Only 31 Investors Posted: 16 Aug 2021 05:27 PM PDT
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| it is sad the average person is too afraid of cryptocurrency to even consider stablecoin staking. Posted: 16 Aug 2021 12:50 PM PDT I was on a personal finance reddit community, and someone was talking about "safe" ways to earn interest on their money. People were recommending GICs which paid less than 2.5% interest (these GICs were also associated with sketchy banks no one has heard of). I suggested they could look into stablecoin staking which is fairly similar to a GIC (you have counter-party risk on both, both are not 1 to 1 backed by dollars) with the major difference being the lack deposit insurance banks (typically) have, but with the upside of earning 6 - 12% interest. Basically staking stablecoins could earn the person the same amount of money with about 1/4th of the amount of capital locked in. Unfortunately everyone else thought that cryptocurrency was too volatile and scary and that the person was guaranteed lose all their money if they did this. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Ahoy Crypto Beginners ! Come on in, we don't bite and we want to help Posted: 17 Aug 2021 01:32 AM PDT Hello everyone, new and old veterans of this sub. You already did the first step by joining this sub of same-minded I tried my best and compiled several guides to help you out in a way that should be beginner friendly! Take your time and go through the guides starting from the first one.
List of most common scams in crypto
Complete guide to cryptocurrency wallets
Guide on "How can I secure my wallet "
I ranked most popular ways to get free crypto I always appreciate your feedback and if you are not sure about anything or are too afraid to ask, just hit me up! I'll try to answer to the best of my abilities. Have fun everyone and as always, be careful! [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| How crypto currency change your Life? Posted: 17 Aug 2021 01:41 AM PDT How crypto currency change your life? For me, When I was started it seems that in crypto world is not an easy way to have profits because of an online procedure and no controls. But then again when I know how to handle specially on Trading or in bounty program and that's the reason I started to earn. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thinking of buying one of these.. XLM or XRP ?? Posted: 16 Aug 2021 11:55 PM PDT What do you guys think? I like both projects but can only afford to buy into one. I heard that Rothschild is invested in XRP, and also heard XLM is taking over England.. Maybe one of these would be a better choice and why so ?? Thanks 🙏 [link] [comments]  |
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