Cryptocurrency Moon Week 17 begins tomorrow. See rule reminders and schedule information here |
- Moon Week 17 begins tomorrow. See rule reminders and schedule information here
- Daily Discussion - September 1, 2021 (GMT+0)
- i want to transfer 1 eth, can someone donate me 2 eth for the gas fees? thx
- Donald Trump just did an interview on Fox News where he said “I have not been a big fan of cryptos” and has called it a "scam" in the past. As the crypto market continues to climb today, we can add him to the list of celebrities that has no effect on the markets
- Decentralised social media - In Australia they just passed a law so police can access your page to add,modify or delete data without a warrant, would decentralised social media solve this?
- Proof that you can earn more money with crypto by staking than holding it in a bank.
- We are going to see stupid returns next 5-10 years, trust me
- Bullish news? Here's 500 awards. Bearish news? See you in hell.
- Since I started investing in crypto, i've almost completely stopped spending money on everything else except for the strict neccessary stuff
- The Guy who Invested $40,000 in SafeMoons and Lost $37,000 of It Panic Sold and FUDed Bitcoin at $11,000
- Belarus President Urges Citizens to Mine Crypto Rather Than Seek Low-Paying Jobs Overseas
- Arbitrum is live! Scaling on Ethereum layer 2 is here!
- Atari token team announces plan to start using Fantom blockchain
- Biden Administration Pushes Global Crypto Data Sharing Rules in $3.5 Trillion Budget Bill
- There is a little fairy amogus in this sub..
- ETH ready to move higher
- Does anyone else ever feel like nobody actually knows what they're talking about with crypto predictions and advice? Like it's almost always wrong and is about as predictable as gambling on a game of cards?
- Twitter likely in the Process to enable Bitcoin Tipping for its 300 Million active Users
- Explained: The xToken Hack (August 2021)
- El Salvador Builds the Government’s Blockchain Infrastructure on Algorand
- 4 Immutable Laws Of Trading
- If You Invested $1,000 When Tim Draper Predicted Bitcoin Is Going To $10,000 you would have 107k today. Bullish: His last prediction was correct, his latest is BTC to 250k by 2022:
- I don’t listen to this subs advice, and neither should you.
- Ripple files motion to expose XRP holdings of SEC employees
- Incentivize Voting in Multiple Polls
- What if instead of smoking you were DCAing Bitcoin?
| Moon Week 17 begins tomorrow. See rule reminders and schedule information here Posted: 31 Aug 2021 02:21 PM PDT Hello everyone, Moon Week for Round 17 is upon us. The snapshot and polls will be posted in the next ~24 hours. They will then all be compiled into a pinned Moon Week post on Thursday, which will remain until the distribution is posted next Wednesday (September 8th). For more information about Moons, see the Moons Wiki here We'd also like to remind everyone about a few rules that are relevant to Moon Week:
Today's post is not the typical reminder to post governance polls by Thursday because we have been working to formalize the governance process and I have already privately coordinated with the authors of all approved polls. Please do continue to submit your ideas to r/CryptoCurrencyMeta if they have not been discussed before [link] [comments]  | ||||||||||||||||||||||||
| Daily Discussion - September 1, 2021 (GMT+0) Posted: 31 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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| i want to transfer 1 eth, can someone donate me 2 eth for the gas fees? thx Posted: 31 Aug 2021 04:17 PM PDT hey guys, need your help. so unfortunately i need some fiat cause my car broke. most of my portfolio is now kinda bearish (cream finance, bondly, rugpullcoin) and i guess i need to wait one or two centuries for a recovery. also the bag of usdt isnt really moving, but i dont want to sell it, cause with my luck it will double immediately after i dump it. so i decided to move my eth from my wallett to an exchange, but unfortunately the gas fees for my 1 eth are 2 eth? can u guys help me out a bit? thx would appreciate it so that i can get that new tire for my lambo which i bought from my solana [link] [comments]  | ||||||||||||||||||||||||
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| Posted: 31 Aug 2021 06:52 PM PDT So in Australia a bill was just passed that will allow police to access your social media without a warrant, they will be able to add, modify or delete data as they will. At this point I'm about to just delete my social media as it isn't really worth having anymore. Im not doing anything wrong but the risks and violation of my privacy Is just becoming too high. This is downright CCP level bullshit and is completely unacceptable so I'm here to ask if decentralised social media could possibly be the answer to this or does it exist? [link] [comments]  | ||||||||||||||||||||||||
| Proof that you can earn more money with crypto by staking than holding it in a bank. Posted: 31 Aug 2021 11:51 PM PDT I have been staking for a while and now it has surpassed the same amount of interest from my bank that's been sitting for over 12 years. Yup, you read that right! 12 friggin years! My crypto journey began around late 2019 with just $200. And two years later today, Bitcoin and other cryptos were shooting up and then more corporations were adopting Bitcoin. Later on, whales also endorsed and were bullish about Bitcoin from this year and forward. Although it kind of dipped by May but eventually went back up by today. As an example, I deposited some of my Ethereum and Litecoin with BlockFi yesterday and I already earned $1.09 in BTC in just one day. It isn't that much but it's here to show how staking can really be powerful if you play it right, it can lead you to large amounts. Here are the three other platforms I use as well. My best advice is to only invest in what you can afford to lose. The easiest and less risky way to get to financial freedom is to just keep investing small amounts over a long time frame; the value should compound enough to the point that you can even quit your day job and just spend off the amounts little by little. You just need to be patient with it. There is no such thing as a quick and easy approach to becoming rich. In any event, though, I advise you to not put all your crypto eggs in the same basket of compounding interests. Because in a decade or so, who knows what crypto will be by then? So when it comes to investments, the answer is to always diversify, especially when the stakes are larger. Here's encouraging everyone to try staking! Cheers. P.S. Here's the picture of the rest of my earnings in the bank. I just withdrew the $880 and will use it for staking instead. Remember guys, small amounts, different baskets. [link] [comments]  | ||||||||||||||||||||||||
| We are going to see stupid returns next 5-10 years, trust me Posted: 31 Aug 2021 07:35 PM PDT To my fellow 9-5 worker who busts their ass in an underpayed job, for those who already have money and invest and for those who work in i humane conditions and still manage to put some money into crypto, we are going to be rewarded, I'm a 2017 investor, made dumb decisions and good decisions, but what I can tell you si I've never EVER seen this level of adoption and growth, yes we complain about ethereum fees, but only thing fees let us know is that this is ETH season, fees are high due to demand, HODL please I beg you, people fail to realize this but with El Salvador stepping it's just a matter of time, people are realizing, let's keep people informed and educated and well all have maybe not lambo, but we will live happy and without having to assume debt to buy a home where to live, love you guys and don't forget to DCA till you die! [link] [comments]  | ||||||||||||||||||||||||
| Bullish news? Here's 500 awards. Bearish news? See you in hell. Posted: 31 Aug 2021 11:48 AM PDT I have been experimenting with all different kind of posts to see how you guys react to it. The conclusion is pretty sad: If you post bullish news, you are the man! Here are 800 awards for you to enjoy! Keep it up friend! If you post bearish news or an honest analysis/opinion: who the fuck do you think you are. You are downvoted until your karma says -6000. if you comment something that is not "ADA to the moon!": Here's 10 downvotes. I know there are a lot of shitposts and moonfarmers, but don't underestimate the power of upvotes. For people living in 3rd world countries, making money through reddit that's even more than their salary, is a means of escaping poverty. Next distribution im tipping all kinds of posts and comments, whether bullish or bearish. You can actually change lives by upvoting. Have a wonderful day and I hope you all see green dildos today! [link] [comments]  | ||||||||||||||||||||||||
| Posted: 01 Sep 2021 12:40 AM PDT I used to buy new clothes very frequently. I also spent a decent amount of money on in-game purchases a well as drinks during parties etc. Out of nowhere, I stopped buying all of it and just put it straight into crypto. My issue is, I can't tell if I finally got an investors mindset, or if i'm developing some sort of unhealthy pattern. I use it as a long term investment so I don't look at the charts multiple times every single day like i'm addicted but I just spend the "spare" money I have on crypto instead of other things. I have no doubt that this will benefit me in the future, but have any of you done the same thing? [link] [comments]  | ||||||||||||||||||||||||
| Posted: 31 Aug 2021 06:04 PM PDT Dave Portnoy, who invested $40,000 in SafeMoons and lost $37,000 seems to be even more of an idiot than some thought. In February he claimed to never buy Crypto again after he panic sold his Bitcoin at $11,000, missing out of a 412% gain that the given time.
Did he never buy Bitcoin again? Yes, he bought SafeMoons instead of anything else: and lost it all again At least he is self aware:
He has also lost $700,000 on GME while trading with millions of Dollars on Robinhood, but thats another story [link] [comments]  | ||||||||||||||||||||||||
| Belarus President Urges Citizens to Mine Crypto Rather Than Seek Low-Paying Jobs Overseas Posted: 31 Aug 2021 08:49 PM PDT
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| Arbitrum is live! Scaling on Ethereum layer 2 is here! Posted: 31 Aug 2021 02:28 PM PDT
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| Atari token team announces plan to start using Fantom blockchain Posted: 01 Sep 2021 02:03 AM PDT
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| Biden Administration Pushes Global Crypto Data Sharing Rules in $3.5 Trillion Budget Bill Posted: 31 Aug 2021 07:22 PM PDT
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| There is a little fairy amogus in this sub.. Posted: 31 Aug 2021 07:47 PM PDT He/she will come silently and tip you with 2 moons out of nowhere. It feels so sweet when you discover that your moons number got increased by +2. I don't know what I commented to deserve that but I got tipped two times in a row by that moon fairy. Really thanks and a huge shoutout to u/LargeSnorlax for being the fairy. I hope your bags get skyrocket soon. You are doing such a great work. Spoiler, this fairy loves to tip in daily section. This is an extra line to complete the 500 character requirement. I know I could thank him in dm but I thought he really needs the shoutout. [link] [comments]  | ||||||||||||||||||||||||
| Posted: 31 Aug 2021 11:03 PM PDT
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| Posted: 31 Aug 2021 11:33 AM PDT Since first investing in crypto back in march, and going off of advice from all four trillion corners of the internet, I've realised nobody actually knows what they're talking about. I have a friend who pays 30 GBP a month for 'solid' advice from crypto gurus, and after following his tips have actually lost. I once in the early days joined a pump n dump group only 200 members or so (having no idea that it was that at the time) and then I just made up bullshit and said ZEC was going to make massive gains that weekend. The discord group all questioned my sources and I made up a story, and lo and behold over that weekend ZEC actually climbed 30%. Now I know for sure that wasn't from my prediction, it wasn't from the pump and dump group pumping the coin, it was just CHANCE. But that group thought I was some big crypto predictor from that lucky guess. (Shortly after got kicked my mods because they wanted to control which coins were pumped) I've read countless articles from so many different financial and investment 'experts' and after following their 'predictions' have ended up at a loss. I've read plenty of articles using a tonne of crypto lingo that makes it sound like they know what they're talking about, and half the time it's right and half the time it's wrong. The majority of the serious crypto community said doge coin was a joke and then we're in uproar when it soared nearly 400% (from my 0.17 investment) in a few days/weeks to an ATH of 0.71 USD after being just 0.06 a few weeks before. Everyone was so sure that Elon musk's appearance on SNL would send doge coin "to the moooon" when it did the exact opposite. Just to list a few predictions I've seen parroted all over the internet and on multiple sites in the past few months -
Basically predictions either turn out to be rigt or wrong. Nobody knows what's going to happen. Yet people with a lot of influence can change (or manipulate) how the market moves. A simple tweet from Elon musk moved doge coins price a bunch of times. An article from Forbes can tell the world that ADA or ETH has a big bull run coming and that's enough to make it happen due to massive buying. A billionaire can buy 1 billion USD worth of any crypto and that sends the price skyrocketing by retail investors and then the whale sells and they've made an easy profit in a few hours or days. I constantly come across people or articles who just use words that sound impressive but how many of us actually know what's going to happen? Were mostly a bunch of gamblers hoping to get rich, thinking we're ahead of the curve by investing in crypto before it becomes the global norm for finance, but really most of us are just people who heard about bitcoin seven years too late and still want to get rich quick. Let me demonstrate how easy it is to pretend I know what's going on with the cryptomarket using trigger words and crypto jargon that makes it sound like a legitimate prediction .... DOGE and XRP continue to dominate inflows to institutional crypto investment products, while demand for DOT weakens. Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Ether (ETH). The capital flows mark the second consecutive week of inflows to altcoin funds, with investments into altcoin products increasing by 24.1% compared to last week's $16 million. Binance Coin price struggled with its uptrend as it encountered a massive resistance level. Failure to stay afloat dragged BNB lower, where it currently retests a support barrier. Investors can expect a comeback from the buyers, pushing the altcoin higher. However, considering the big crypto's choppy market structure, Binance Coin (BNB) could kick-start a consolidation phase if it fails to reclaim the said resistance barrier. BAT followed a Fibonacci retracement sequence the past quarter indicating an uptrend that will retest a support barrier, potentially creating demand for comeback investments from buyers. After a recent crash, BAT price is currently consolidating under the 50% Fibonacci retracement level at 0.76. This descent might continue to head lower and retest the high probability reversal zone ranging from 0.72 to 0.80. The 70.5% Fibonacci retracement level at $0.71 could be a perfect spot or reversal as it coincides with the demand zone extending from $0.69 to $0.73 Anyway I think that's enough but i just made all of that up, and maybe 10% of you will have any idea what any of the words mean but the average person will look at it and think "I should invest in BAT". Its basically all just gambling Tl;Dr - don't believe any predictions on crypto, unless you're a hedge fund manager, billionaire, politician, or a founder of a major coin, you don't know what's going to happen. Hopefully this post didn't come across as too negative and more of a warning to remember that this is all jut gambling and most of us have no idea what we're doing. Bring on the downvotes for going against the sub mentality Edit: I guess it's not that much against the sub mentality, my bad [link] [comments]  | ||||||||||||||||||||||||
| Twitter likely in the Process to enable Bitcoin Tipping for its 300 Million active Users Posted: 31 Aug 2021 02:37 PM PDT
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| Explained: The xToken Hack (August 2021) Posted: 01 Sep 2021 12:40 AM PDT
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| El Salvador Builds the Government’s Blockchain Infrastructure on Algorand Posted: 31 Aug 2021 09:31 AM PDT
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| Posted: 31 Aug 2021 10:02 PM PDT
Please continue.………….. [link] [comments]  | ||||||||||||||||||||||||
| Posted: 31 Aug 2021 09:48 PM PDT
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| I don’t listen to this subs advice, and neither should you. Posted: 31 Aug 2021 04:50 PM PDT In my several months of experience in the crypto universe I have learned one thing that stands above all others. No one knows shit about fuck. ESPECIALLY people in this sub. I see newbies come in here all the time asking for advice on which coin to buy, and I was there at one point, but you shouldn't come here for advice. I guess I've created a paradox with this post, but whatever. I might get downvoted for this, but I really don't believe in a lot of the projects that people shill in this sub. Some examples of this are ALGO and VET. These coins have great technology, but I don't think they will be in the top 100 in 3 years. The reason for this is because they have no hype. Hype is what makes money, not technology in this market unfortunately. Oh shit, I can already feel the downvotes coming from ALGO and VET gang. DYOR people, this sub doesn't know anything. [link] [comments]  | ||||||||||||||||||||||||
| Ripple files motion to expose XRP holdings of SEC employees Posted: 31 Aug 2021 12:59 PM PDT
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| Incentivize Voting in Multiple Polls Posted: 31 Aug 2021 02:47 PM PDT SummaryVoter turnout has definitely improved since the institution of Moon Week. However, there is still quite a disparity in number of votes across the polls. Despite there being enough votes cast in at least one popular poll, less popular good proposals with majority voter support don't pass, and bad proposals with majority rejection are not definitively voted down, leaving the door open for those proposals to return. In order to incentivize voting further, I suggest a 1.25% karma bonus per additional poll in which a vote is cast. Problem StatementIn the last round, there was a high of 13258 votes, a low of 4934 votes, and an average of 8040 votes. In the round before that, there was a high of 9542 votes, a low of 4116 votes, and an average of 6524 votes (Source). It's undeniable, based on the numbers, that there is a significant disparity in voter turnout across the polls, despite overall voter turnout improving compared with the institution of Moon Week. It's almost a certainty that many are only voting in one or two polls, while ignoring the others. This results in those other polls suffering the same low voter turnouts that were so frustrating in the past. The possible negative consequences of low voter turnout on a poll are 1) good proposals don't pass despite majority voter support, 2) bad proposals are not definitively rejected despite majority voter denial, which leaves the door open for them to be reintroduced, and 3) whales have significantly greater influence in such a poll. SolutionMy proposed solution is to institute a 1.25% karma bonus per additional poll in which a vote is cast. This means that the first time that someone votes, they will earn the base voting bonus (currently 5%), and all subsequent times that person votes during Moon Week will earn an additional 1.25%. So if someone votes in 2 polls, they will get a 6.25% bonus. If they vote in 3 polls, they will get a 7.5% bonus. ConcernsA concern that was brought up is that this may pressure indifferent voters that would rather opt to abstain. In my opinion, the 1.25% additional bonus is small enough to not significantly impact those who truly wish to abstain from a particular poll so the pressure would be minimal, while also being a nice incentive to get more potential voters to pay attention to more of the polls. For this concern, I think the impact would more positive than negative. Another concern that was put forth is that some may just vote blindly/randomly just to secure the extra bonus. In my opinion, it is more than likely that such voting already occurs but is currently isolated to one or two polls, and while implementing this proposal would not really improve blind/random voting, it would also not significantly make the issue worse. For this concern, I think the impact would be neutral to slightly negative. To see the evolution of this proposal in r/CryptoCurrencyMeta, follow this link: Proposal: Incentivize Voting in Multiple Polls (Final Version) TLDR: Vote more, earn more. [link] [comments]  | ||||||||||||||||||||||||
| What if instead of smoking you were DCAing Bitcoin? Posted: 31 Aug 2021 06:34 PM PDT Assuming an $8 20 pack Marlboro a day, figures are final total value including DCA principle.
Qutting smoking is one of the best things you can do for yourself. If you find it hard to quit, maybe this will be the extra motivation that you need. Also a cool demostration on the power of DCA. Sources used: https://dcabtc.com | https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=17 [link] [comments]  |
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