Cryptocurrency New Moons Distribution (Round 17 Proposal) |
- New Moons Distribution (Round 17 Proposal)
- Daily Discussion - September 2, 2021 (GMT+0)
- ADA breaks the $3 barrier!!
- r/CryptoCurrency is changing its name
- Donald Trump saying cryptocurrencies are a disaster waiting to happen, just makes me want to buy more of it.
- I’m going to be forced to sell and it’s pissing me off so much
- Cardano just hit 3$. It blows my mind that it is up a 100x since march bottom.
- Today I realized that we are, indeed, still early
- Popular opinion: people invested in crypto are the smartest people on the planet, maybe the entire universe
- Thank you Donald Trump
- I moved to another country and taught my parents how to receive crypto from me. Now I barely pay any fees compared to bank transfers.
- Unpopular Opinion: DOGE will never recover
- I'm losing weight due to crypto!
- Just a subtle reminder that GME is developing a NFT platform for Ethereum. I can't wait to 100% own my games.
- Disincentivize Extreme Moon Farming Spam
- Cardano has just forked into Alonzo Purple era.
- People were posting "See you in the 4 year Bear Market" in June. Congrats to those who didn't listen!
- Should all formal governance polls be posted by a shared moderator account?
- Short analysis of the profiles that had the max karma
- Ethereum to overtake Bitcoin as ETH enters 40% rally. What’s everyone’s thoughts on this?
- Hi fam, I'm back to help you folks to check your karma count. The CSV is out and should be pinned. Check the hot posts! For those who are not able to open on their phones or desktops, please leave a comment and I'll give you your KARMA COUNT.
- Bitcoin just banged that 50000$ level again!
- American millennials will adopt blockchain as soon as they realize it's trustless
- Countering the spam in comments: less karma for extreme number of comments
- No Rule Against Bitcoin, ETH or XRP Insider Trading at SEC Leaked Email Reveals
- Offer Custom Flairs to Users with an Active Special Membership
- Over $430.52M worth of positions were liquidated in the last 24h and over 55k traders got rekt.
New Moons Distribution (Round 17 Proposal) Posted: 01 Sep 2021 12:42 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 2021-08-04 to 2021-08-31. Here is the data. To propose an alternative distribution:
The contribution scores for this round will be finalized on 2021-09-08. 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 - September 2, 2021 (GMT+0) Posted: 01 Sep 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: 01 Sep 2021 07:06 PM PDT Since a few days it seemed that ADA was going for the $3 barrier, the recent pump let the price oscilating around $2.8 and just now the price went above $3!!! Without a doubt all the announcements prepares for September, the long awaited Smart contracts on the blockchain that are currently being tested is making the price pump. Congrats to all the ADA Holders and believers in the project! We still have to wait for the rest of the announcements later this month, and see how the test of smrt contracts goes, but definetly seems like people are really bullish on Cardano. [link] [comments] | ||||||||||||||
r/CryptoCurrency is changing its name Posted: 01 Sep 2021 01:41 PM PDT If you're a frequent visitor, you know this has been a long time coming, but this post serves as a reminder as well as an announcement for new readers. Effective tomorrow at noon, r/CryptoCurrency is rebranding and merging with r/unpopularopinion so you don't need to keep typing "Unpopular opinion: " in the title for every other post. So now you can discuss how stubbing your toe might not actually be the best thing in the world and get 6 million upvotes for it. New rule This merge introduces a new rule: unpopular opinions may only be posted if they're incredibly popular. This includes brave opinions like "crypto good." The other types of posts that will be allowed are factual statements like "unpopular opinion: bitcoin and vitalik buterin are not the same thing" and popular predictions like "unpopular opinion: bitcoin might go up in price at some point in its existence." Again, no opinions allowed. Especially unpopular ones. That's it for now, enjoy the new sub! You have yourself to thank for this. [link] [comments] | ||||||||||||||
Posted: 01 Sep 2021 08:13 AM PDT
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I’m going to be forced to sell and it’s pissing me off so much Posted: 01 Sep 2021 11:10 PM PDT I'm sitting in the emergency with a suspected torn Achilles and I'm being told that surgery will probably come with a lengthy recovery period. I feel I did everything right and bought at good times , just found out about DCA done right , invested with only what I could afford to lose etc . And made a decent little profit ( although I was hoping to hold loads longer for changing money) and now I'm looking at expensive physical therapy and a recovery above my savings threshold . I am in Canada so medical bills will be covered thankfully , but all medication, braces , physical therapy and unexpected costs will be out of pocket , to go along with massive wage losses. Loads of planning and studying all to be wiped out for somthing that took a split second . I guess I am thankful that I got in and made a modest sum , but it still won't be enough. Sorry for the rant, I'm grateful for all advice on investing and such and I guess I'm venting more than anything cause I've been here for hours . [link] [comments] | ||||||||||||||
Cardano just hit 3$. It blows my mind that it is up a 100x since march bottom. Posted: 01 Sep 2021 07:11 PM PDT I know you ADA is one of this subreddit's favorite coin. I know it has been eyeing 3$ since several days. However, it just blows my mind that it is up a 100x just 18 months ago. Imagine throwing 1000$ in it just 18 months ago. However I digress but that just let you realize how much powerful it is to just buy when everyone is scared and the world seems to be collapsing. and just hold for dear life. Also one of my favorite coins, VET is up nearly 100x since march bottom. Not that I bought then, I was not even interested in crypto is last March. But it just blows my mind the returns of crypto if you invested wisely for long term. [link] [comments] | ||||||||||||||
Today I realized that we are, indeed, still early Posted: 02 Sep 2021 02:55 AM PDT I currently work as a software developer, and most if not all people here work in IT as well. I am typing this on my phone and English is not my native language, so I apologize for any grammatical errors/typos Today, I went to get food with some colleagues, and because the cafeteria was pretty crowded we hat to sit next to two people from another department (they were in their late 50s/early 60s). It wasn't a problem, our work environment is pretty casual, so my colleagues and I didn't talk with them at all, we just sat next to them and talked with each other Since, as I mentioned above, almost everyone here works in IT, I assume they did, too. This will get important later, since I was assuming most people working in IT had at least a slight understanding of cryptocurrencies. Anyways, while enjoying my meal, I overheard the two guys talking about stocks, finaces and got interested, so I started listening to them. It was a mistake. One of them was talking about his son, and how he decided to "gamble his whole money away with BTC". After that, their while conversation was just circlejerking about how Bitcoin is only used by criminals, how it has no value and so on. It was really hard for me to stay quiet when one of them was talking about "how the gouvernment will ban the bitcoin" and go from house to house to "collect peoples bitcoins". I get that not everyone has an idea about how cryptocurrencies work, but damn, I thought people working in IT would at least understand how blockchain technology works. I talked about crypto with some colleague before, and even though they didn't understand the details, at least they had a basic understanding of blockchain technology in general All in all, if people who work in IT still don't have an idea what btc really is and how it works, I don't even want to know what people who aren't tech savvy think btc is lol. I guess we really are early, even with all the adoption we are seeing lately [link] [comments] | ||||||||||||||
Posted: 01 Sep 2021 05:41 PM PDT Anyone with even a penny invested in the shittiest shitcoin, give yourself a pat on the back. You are literally the smartest person in your entire cohort. Don't have friends? Guess what buddy, you don't need em'. It's not like they would be able to have an intelligent conversation with you anyway, right? I'd go as far to say if you DON'T have anything invested in crypto, you're a certified troglodyte in my eyes. There's actual real life mole people digging in the dirt looking for disgusting "precious metals" assuming we can't just create more of them with our pure combined intelligence. Fiat lovers gtfo. I wipe my ass with fiat. I've got rolls of hundreds of different kinds of currency and they all cause mad hemorrhoid's. (Canadian dollars make my ass smell like maple though so that's a plus). Don't let anyone tell you you're ever wrong, you literally win any argument by default you beautiful genius. [link] [comments] | ||||||||||||||
Posted: 01 Sep 2021 09:27 PM PDT I just love that Donald Trump took the time out his day today to give us a shoutout. He said that "Crytocurrency is a disaster waiting to happen" and the moment those words his deflated ballon lips, crypto pumped. So thank you mister ex president! Keep waiting on this so called disaster to happen while your beloved US Dollar goes to shit. Trumps jibberjabber: Donald Trump described cryptocurrencies as a disaster waiting to happen, and lashed out at them for hurting the dollar. "I like the currency of the United States," the former US president told Fox Business' Stuart Varney when asked his thoughts on crypto. "I think the others are potentially a disaster waiting to happen." Trump cast doubt on digital assets, and said people in the US "should be invested in our currency." "They may be fake. Who knows what they are?" he said in the Tuesday interview. "They certainly are something that people don't know very much about. I have not been a big fan" [link] [comments] | ||||||||||||||
Posted: 01 Sep 2021 03:11 PM PDT My parents live in Lebanon and the economy there is sh*t. A mere $200 can feed a man and his family for a whole month. I started working in another country a while ago and kept sending my parents money through banks. However I quickly started to see than bank transfer fees are adding up quick. And they were NOT cheap by any means. I eventually got on a video call with them and patiently started teaching them how to operate a wallet. And better yet I started using a platform called e-Money to send them money. This platform charges almost zero fees so thats added benefit to my parents cause even $10 can mean a whole 2 days worth of expenses. So yeah, thanks crypto ! [link] [comments] | ||||||||||||||
Unpopular Opinion: DOGE will never recover Posted: 01 Sep 2021 12:18 PM PDT We have billionaires claiming it will. We see articles come out which list BTC, ETH, and DOGE as the titular characters, as if these formed the holy trinity of the Crypto space. Despite the fact ADA has overtaken DOGE in market cap. I've never put more than a couple hundred USD in DOGE so I'm not personally invested, and the bag I had I traded off for ETH several months ago. That doesn't mean I don't keep an eye on it. I'm a studious and scholarly fellow. Morbid curiosity, you see. Now, I've been watching it hover below 30 cents a pooch for weeks now. Interest is fading. The entire market is on a rampage, as previous ATHs cower in fear like a matador on hiring day. And yet DOGE loiters--hesitant, reticent. An inflationary asset with waning interest and zero real-world uses is destined one day to fail, my moon friends. Maybe not today, or tomorrow, but some day soon. And I can say this with enough confidence so as not to require any DISCLAIMERS regarding whether this is financial advice. It is time to sell, friends. Swap these poor pooches for an asset with real world utility, solving real problems, propelling us into the future of finance. Or at least change to a store of value. Just not a joke. Not a song that will soon sing to the tune of a trillion in circulation, with 5 billion more being Xerox'd every year. This isn't monopoly money. This isn't USD. This is Crypto. Get it together. Signed, Your Loving TA Expert [link] [comments] | ||||||||||||||
I'm losing weight due to crypto! Posted: 02 Sep 2021 01:17 AM PDT
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Posted: 01 Sep 2021 11:06 PM PDT
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Disincentivize Extreme Moon Farming Spam Posted: 01 Sep 2021 06:27 AM PDT
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Cardano has just forked into Alonzo Purple era. Posted: 01 Sep 2021 01:52 PM PDT Plutus Smart Contracts are now live on the TestNet. Since 20:20 UTC today, the Cardano Testnet officially supports Plutus smartcontracts. Final testing & integrations ahead. SPOs will now upgrade their mainnet nodes. Then next stop… mainnet upgrade. Still on track for 12 September. Disruption has started. After a lot of work and heavy waiting, developing, clenching, buying, bad weather… and a lot of Maxis! It's aliiiiiiiive! Congratulations to you Hodlers that stood by the project against all odds. To all SPOs and stakers that are the backbone of Cardano. The space became a lot more innovative and competitive today. That's it. That's the post. 👊🏻👋🏻 [link] [comments] | ||||||||||||||
Posted: 01 Sep 2021 08:12 PM PDT It's quite certain it's not the bear market now. Dead cat bounces don't bounce so high. Coins like ETH are almost reaching the All Time High again. Conclusion: What happens in 2017/2018 is not guaranteed to happen again in 2021! There are many differences in 2021:
Anyway, congrats to those who held through the June 2021 dip/crash! 🎉🎉🎉 [link] [comments] | ||||||||||||||
Should all formal governance polls be posted by a shared moderator account? Posted: 01 Sep 2021 09:30 AM PDT SummaryTo prevent some problems we've seen around polls, all governance polls should be posted by a moderator account Problem Statement
SolutionAll governance polls will be posted by a shared mod account, probably u/CryptoMods like this one is. These polls would be distinguished so they do not earn moons. This account should have little to no moons to distract users from the poll. This would allow a much smoother organization of moon week, with all polls being posted at once Note: This does not affect normal polls such as "What is your favorite crypto wallet?" There are a few potential downsides to this that I can think of:
(This poll will be distinguished in a few days, but not immediately since that could give it more visibility and an unfair advantage over other polls) [link] [comments] | ||||||||||||||
Short analysis of the profiles that had the max karma Posted: 02 Sep 2021 01:11 AM PDT Please, no one get offended. Or do get offended, I don't care, I won't tell you how to live your life. u/ChemicalGreek posts and comments a lot. r/cc exclusively. Some posts did take on, but not in the thousands of upvotes realm. Same thing with comments. Seems to be on track as far as connection of the comment and the post. Participates in comments of his own posts (which makes sense). u/TheGiftOf_Jericho is a person with a lot of time on their hands. He is one of the few that isn't posting in r/cc exclusively. A lot of comments, though, some of them landed hard. Seems solid, especially since he knows a thing or two about Breaking Bad. u/unprotextor - Out of the entire bunch, I respect him the most. Posts a lot but when he does, his posts are usually spot on. Some decent advice there as well. Seems to know a lot about the tech as well as financial stuff. A looot of comments, though, but he doesn't shy away from writing a full sentence or a paragraph here and there. u/Obito_DOS3 is a definition of moon farmer. Stopped „contributing" 19 days ago, when he maxed out the karma count. One sentence comments, average word count 5 (number pulled out of thin air). Few of his comments have been extremely funny, tough. But with this amount of comments, it's hard not to hit a few. u/milonuttigrain – 1 or 2 posts in r/cc per day, comments his butt off, heavy on the gifs, daily is his favorite. Absolute beast of a moon farmer. Not judging, just sayin'. u/robis87 – same thing as above. Barely any comments above 10 words. Comment that shines is „And this sub is alright too - as long as you manage to sift through the immense wave of Moonspam." That's something right there. (I didn't go through comments of each person here, this comment somehow got in my peripheral vision and I started laughing so there it is). u/niloony – barely posts, comments almost solely in this sub. Highly active in the polls about reducing distribution of moons for moon farmers. Go figure. u/Ndivided132, gif and comment factory. Had some good comments about older members of this sub, so I guess I can't blame him that much (disclaimer: I am biased for people that recognize older members on a specific and know their personal backstory, so there's that). I will not go further, there are 21 other profiles with max karma (and some that have escaped the max karma by a few points (like u/Killertimme, the legend owned up to it) but you get the general idea. Sure they spam comments and (most of them) posts in r/cc. But don't think this is easy or that all of them are alike, or that behind the moon farming stuff, there's not a human being. I was already blasting u/Ndivided, until I found one of his comments that put a smile on my face. I started this to confirm my bias, but after seeing some posts from u/unprotextor (that had solid TA and DD behind it), I began battling my own prejudice. I'm sure all of them have their own redeeming qualities. If you think this is easy, or fast money, think again. To have so many downvotes on this sub, and have a comment or post that gathers 1k upvotes is insane. Let alone a few. Don't forget - max karma this distribution brings around $700 (quick math, correct me if I'm wrong) in moons. This is insane money in majority of world. It's a bit less than the average salary in my country (SE Europe) meaning more than the annual salary in a lot of Africa, Asia and South America. We don't get to judge people that made more money by commenting and posting content (which is still legal the last time I checked) than they would have made by doing their regular job, and supported their families by doing so. Slow-clap.gif, dudes. You earned it. EDIT: Not sure what is wrong on my desktop browser as well as mobile app as I can't see who gave them, but thank you kindly for the awards. I presume one of the mentioned individuals sent me the "I am dissapoint" award. I just LOLed some coffee on my computer screen. So thx for that, I guess. [link] [comments] | ||||||||||||||
Ethereum to overtake Bitcoin as ETH enters 40% rally. What’s everyone’s thoughts on this? Posted: 01 Sep 2021 02:29 AM PDT
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Posted: 01 Sep 2021 07:10 PM PDT We may have a lot of new people here this time as well. Find the CSV file from the latest moon distribution post and search for your name and find your Karma count. If you can't, just leave a comment and I'll do it for you. The RATIO for this month is roughly 0.1885 as calculated by the smart guy on the post who I will definitely tag here in a bit. To get your moon count, just multiply your karma with 0.1885 Example if your karma is 100, you get 100 x 0.1885 = 18 moons. So anyone who isn't able or is just too lazy to open the CSV, leave a comment. I'll give you your Karma Count. Cheers! EDIT thanks u/mjrice for your calculations! [link] [comments] | ||||||||||||||
Bitcoin just banged that 50000$ level again! Posted: 02 Sep 2021 12:03 AM PDT Currently bitcoins price is just above 50000$, we might be moments away from pushing further. Wish I had more of it for this leg up, if we were to continue. Big congratulations to all who held all this time. Must have been a tough few months, to see everything drop like 60%. Who knows, maybe we can reach bigger numbers than before. I really believe that the positive news during summer made the path for bitcoin's continuation of success. Making bitcoin a legal tender is a huge deal in my opinion, if people can use it for bills etc., without cashing it out for Fiat first. [link] [comments] | ||||||||||||||
American millennials will adopt blockchain as soon as they realize it's trustless Posted: 01 Sep 2021 10:34 PM PDT As an American millennial, I've been lied to by "trustworthy" institutions my whole life. I think that's why I love blockchain so much...the thought of a trustless system makes me feel hopeful for the future. I grew up trusting the government, only to learn that they were fighting a false war. I grew up trusting politicians, only to learn that they were sacrificing our climate for profit. I grew up trusting the pursuit of a college degree, only to learn that I would leave school with crippling debt. I grew up trusting doctors, only to learn that healthcare was not accessible unless you're wealthy. I grew up trusting financial institutions, only to learn that they can game the system (looking at you, Robinhood). With blockchain technology, I don't have to trust anyone and I still get to participate in the system. The whole network is on an even playing field, for the most part, so I'm not going to get fucked over by some oligarchy of greedy humans. Sure, I need to do my own research and protect my assets, but I don't have to trust politicians/billionaires and be subject to their corrupt whims. As soon as my generation (millennials) catches on to the concept of a trustless system, we will easily adopt blockchain technology. Honestly, learning that blockchains are trustless is what made me fall in love with them. We'll be the main adopters because we've been burned our whole life by trusting authority. [link] [comments] | ||||||||||||||
Countering the spam in comments: less karma for extreme number of comments Posted: 01 Sep 2021 05:03 AM PDT
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No Rule Against Bitcoin, ETH or XRP Insider Trading at SEC Leaked Email Reveals Posted: 02 Sep 2021 02:39 AM PDT From Trustmode: Tried to link the article but automod deletes it instantly. Here is the entire article. The United States Securities and Exchanges Commission (SEC), which has claimed jurisdiction over XRP, has no rules against holding or trading the crypto according to an email by the SEC. "Our Ethics Office has a 'Prohibited Holdings' list pertaining to securities that fall within 5 C.F.R. 4401.102(c)(1). BTC, ETH, and XRP have never appeared on this list," the email says. This admission comes amid a battle of wits at the District Court for the Southern District of New York where Ripple and SEC are engaging in case management after SEC accused Ripple of being an unregistered security. The revelation was made in the context of whether SEC should disclose internal deliberations over crypto security classifications in particular as it pertains to XRP as well as bitcoin and ETH with Judge Netburn to hold an in-camera review on whether they should be disclosed. "They want conversations with other parties, and notes. Disclosing these would undermine our ability to gather information. The professor is on the pay-roll. There's a Senator," SEC's attorney Jorge Tenreiro said in court this Tuesday as transcribed by specialist court reporters. The Senator is not named with it unclear why SEC is holding such deliberations with a member of the law making legislative body at Congress. It is also unclear who else they spoke to or leaked info concerning their upcoming decisions that at times have had significant effects on the market. In 2018 for example SEC was accused of engaging in insider trading based on the information present at the time following their uncharacteristically last minute decision to reject the first bitcoin ETF application at the very last minute, something that led to a more than 10% fall in the price of bitcoin. Now SEC is all but admitting that they have no rule regarding the trading of assets over which their own decisions have significant market influence. Something that can be justified by a stretch where it concerns bitcoin and eth as they have not classified them as securities. But when it comes to Ripple, their own policy seems to suggest XRP is not a security as they have not designated it as such in their rules against holding securities despite launching a court case that claims XRP is a security. This should make disclosing the internal deliberations more than in the public interests as SEC may have a conflict of interest in their decision makings which can influence market price to their tradable benefit. The Court on TrialThis is just the beginning of what may be the court case of a generation as at stake here is nothing less than the reform of the Securities Act 1933 which inequitably makes a distinction between the rich and the rest when it comes to the right to invest. A law that after what happened in Congress may well have no chance of being updated, but its extent has been interpreted by the courts and thus can be updated by those courts fully within their right as new facts and circumstances arise. The Securities and Exchanges Commission has extended its jurisdiction, without Congressional oversight or court interpretation, by stretching a very old law to very new circumstances where fiduciary relations and questions of trust – which require regulation – have been translated into immutable code that requires no trust on individuals as such. SEC's former chair Jay Clayton in fact made it very clear that if you raise money to build a theatre, that is a security. But if the theatre is built and you are selling tickets, that is not a security. Ripple raised no money to build the Ripple network. It gave away its tickets (token) for free to anyone who wanted to claim when the theatre was already built. Some seven years after SEC decided all this was actually a security, despite it saying that already built systems are not. This potentially has ramifications for many defi projects which after being already built give out tokens as reward like supermarkets give out coupons. The question so being if the theatre is already built and all can see the movie, the open source code, how does SEC have jurisdiction to decide whether the tickets sold for the movie are actually worth the movie experience or otherwise when in this case all is in the open and transparent as all can see the dapp and its functions in full and constant disclosure of all relevant information. And the even bigger question is, how can SEC be an enforcer when they have no restriction on directly benefiting financially from their decision by shorting or longing the coin or token in question depending on what they decide. That lack of restriction clearly points out SEC is not built nor fit for regulating cryptos as their list of restrictions clearly indicates their jurisdiction is solely stocks, an expansion of which must require a Congressional act or otherwise the whole system of balances of power comes to a collapse. [link] [comments] | ||||||||||||||
Offer Custom Flairs to Users with an Active Special Membership Posted: 01 Sep 2021 09:21 AM PDT Credit for this idea goes to /u/Arghmybrain SummaryCustom user flairs should be offered to users with an active Special Membership. People enjoy personalized flairs next to their name and this adds a perk for special membership, which is good for the subreddit and Moons. Problem StatementThe r/CryptoCurrency flair bot has been overloaded since subscriber count approximately quadrupled this year. Under-utilization of user flairs presents an opportunity to improve the subreddit by offering custom flairs and provide a use-case for Moons SolutionUsers with an active special membership will be able to DM a mod bot to set a flair for them and the bot will enact the change if it follows our flair rules. These will be subject to change by the mods as needed, but basically flairs will need to follow the rules of the subreddit. No offensive flairs, attacking other users, evading filters, advertising, links, or malicious flairs such as impersonating a verified user. All flair requests will be logged. We will host a wiki page with the relevant instructions, rules, and details about custom flairs. The bot will also monitor the subreddit and remove custom flairs for any users who no longer have special membership. This bot is currently the only way we have to verify special membership, and we can only see a True or False for if the membership is active, so our implementation options are pretty limited. However, this should be enough information for the bot to do the job and custom flairs should be fun for our subreddit [link] [comments] | ||||||||||||||
Over $430.52M worth of positions were liquidated in the last 24h and over 55k traders got rekt. Posted: 01 Sep 2021 05:10 PM PDT 55196 traders got liquidated in the last 24 hours. Liquidation means the exchange closed their positions when the traders ran out of funds to cover their losses a.k.a 0 account balance. The largest single liquidation order happened on Huobi-ETH value $6.15M. Oops. $104,610,00000 liquidated in BTC. $274,640,00000 liquidated in ETH. The rest is spread across alts. Source Maybe shorting ETH on x125 leverage on the same day Arbitrum was going to be scaled on the mainnet was not such a good idea. RIP. Friendly reminder to stay away from leveraging an already highly volatile asset like crypto. [link] [comments] |
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