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    Saturday, October 30, 2021

    Crypto Currency Markets I don’t care how high SHIB goes. I’ll never invest in a meme coin.

    Crypto Currency Markets I don’t care how high SHIB goes. I’ll never invest in a meme coin.


    I don’t care how high SHIB goes. I’ll never invest in a meme coin.

    Posted: 30 Oct 2021 12:02 PM PDT

    Yes, I'm in this market to make profit but I want to do that with legit projects not f#cking dog coins with no vision, technology or even any sort of back up.

    For real, how can people invest this blindly in something that has no back up what so ever. It's literally hype driven and that's it.

    Would much rather invest in coins with real technology behind them like ETH and ADA or any coin that has real intrinsic back up like Aurum's gold backed tokens. Or old and very stablished coins like BTC.

    These meme coins and a fad and won't be around for too long…

    submitted by /u/a_softy_potato
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    Meme Coins are our Marketing Department, and some of you need to Chill TF Out

    Posted: 30 Oct 2021 10:48 AM PDT

    So many people right now are wondering why the meme coins are so big. They are also incredibly emotionally invested in it NOT being a big thing. We spend so much time in crypto talking about utility and many people shit on the meme coins for not having utility. Well, I will tell you what the utility is: accessibility and accepting community.

    Crypto is scary to get into. I mean REALLY scary. Everyone is hustling, everyone is screaming to be right, and there are billions of dollars on the line with trillions incoming. To the average citizen it is just TOO MUCH. The outsiders need a bright, fun, accepting community to go learn in safety and simplicity. If crypto is to have any future at all, it needs to be able to onboard people en masse in a way that is fun and engaging and above all, relatively safe.

    Meme coins are PERFECT for that. They do it WAY better than any other coin. They are our marketing department. They are out there spreading the word and bringing in external money that isn't institutional, while getting people familiar with the vocabulary, concepts and basic philosophy of crypto. And money that enters crypto, doesn't usually leave. They will move to other coins, they just need a fun tutorial for a while until they are comfortable.

    So STOP shitting on our Marketing Department. If you can't support it, at least STFU. Learn to see it for what it is. Now that there are two dog coins in the top 10, get used to the idea that they are going to become part of the ecosystem. They aren't going to go away because you didn't see their purpose and can't get over yourself.

    In fact. If you actually want to be productive and help crypto as a whole, go join a meme coin subreddit and start teaching the newbies how all of this runs in a kind and welcoming manner.

    Some of y'all have absolutely no manners at all.

    submitted by /u/Generica2pt0
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    Shiba Inu now accepted as payment at a French bistro in Paris

    Posted: 30 Oct 2021 10:54 PM PDT

    I’m such a dork. Put $50 in this Coinbase wallet. I want to return it to my regular Coinbase account but it would cost $60+. lol. What are my options here? Thank you!!!

    Posted: 30 Oct 2021 01:54 PM PDT

    Dogelon Mars (ELON) soars +187% in last 24 hours

    Posted: 30 Oct 2021 01:48 AM PDT

    Is buying Harmony ONE right now “buying the dip” ?

    Posted: 30 Oct 2021 02:24 PM PDT

    Or is it too close to the ATH still? Been watching ONE even before the big pump and kinda bit my ass because I didn't have spare Stablecoins in that timeframe. Overall it's looking like a great upcoming project and a competitor to Solana

    submitted by /u/PleasantMiddle
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    Do y'all think the bull market will last until the end of the year?

    Posted: 30 Oct 2021 06:47 PM PDT

    Google trends for the top 50 cryptos have never been higher, we're blowing through a doggy coin market with coins like BNB approaching very high values. Google trends for BNB and ETH haven't been this high since late May. There are a lot of reasons to believe the bulls will survive at least until January, but at the end of the day that's just my perspective. What do you guys think?

    Please comment with your opinion on this topic and feel free to say the month you think things will begin to go back to normal, maybe 30% every 3 months instead of 100%, or something like that. Don't forget to discuss!

    submitted by /u/juicelizzo
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    New to Crypto, have some questions.

    Posted: 30 Oct 2021 03:31 PM PDT

    Is there a Megathread/thread where I can learn in mass about crypto? I would like to know what wallet is best to use and allows me to purchase any crypto available. Thanks!

    submitted by /u/Jigawattts
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    Question on hardware wallets

    Posted: 30 Oct 2021 08:57 PM PDT

    super beginner question alert

    I have had some bad experiences with Coinbase in the past. My question is if I were to use Coinbase to buy coins and transfer them to a ledger, should I not worry about Coinbase at that point?

    Also, would I still be able to see my balances in my Coinbase portfolio or would they go away because they are transferred?

    Thanks, appreciate the help!

    submitted by /u/Low-Refrigerator-996
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    I think I have found a gem in the dirt

    Posted: 30 Oct 2021 03:26 PM PDT

    I have been browsing a bit on the cryptomoonshots subreddit(dont judge me) trying to get in early on a quality project. After rejecting tokens day in and day out I found a token with a serious name. I immediately started getting sus about it but upon closer inspection I think it is legit. It is called Verify. They are developing a new analysis tool called "Verify Lens". I cite this from their website verifytoken.net:

    "Verify Lens is an all-in-one investor data analysis tool, where all areas from contract security, transaction history, wallet tracking, and social media analytics are accumulated.

    By aggregating data across multiple sources and platforms, Verify Lens aims to garner greater knowledge for informed decision-making. It also aims to provide clinical evidence of any potential warning signs or triggers in order to protect the investments of each individual.

    Through both on-chain and off-chain data analytics metrics, Verify Lens will utilise a personalised analytics algorithm in order to create a 'verify'd' score: an objective rating to guide users on our platform on the safety of investment for crypto tokens."

    They still have their ICO website which is going to be updated in November, implying that this is an early opportunity.

    Audit coming in December along with CMC and Coingecko.

    In February the beta for Verify Lens will come.

    They aim to release their Verify Lens in March.

    Tokenomics: Total supply: 50 trillion 35% Vested burn 20% ICO 15% Pancake LP 10% Verify team 10% Whitelist and airdrop 4% R&D 3% Charity 2% Charity donation 1% Marketing wallet

    There is 5% buy and sell tax that is divided like this: 1% Charity 1% Burn 1.5% R&D 1.5% LP

    Their website states 10% sell tax which is not the case. I have asked them personally on telegram. Their team is very nice and responsive on telegram.

    As always, this is not financial advice and always DYOR. Just wanted to let you guys know since I've seen many people ask gow to find early gems. Have a great weekend!

    submitted by /u/SafemoonBaboon
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    MANAUSD Decentraland Price Analysis

    Posted: 30 Oct 2021 10:56 PM PDT

    Are cryptocurrency markets currently efficient?

    Posted: 30 Oct 2021 10:07 PM PDT

    Are cryptocurrency markets currently efficient? If not, what profitable trading strategies exist for a retail investor?

    submitted by /u/BinaryGoon
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    Opinions about my portfolio

    Posted: 30 Oct 2021 01:02 PM PDT

    Hi guys Considering BTC and ETH breaking ATH, we all know altseason is here. So I need some advice on my portfolio. My alt Bag mostly consists of BNB, ADA, MATIC, XSN and PAYB. The first 3 are low-risk SAFUs. Stakenet (XSN) is the first cross-chain layer2 DEX and Paybswap is building the first cross-chain AMM on BSC using Polkadot bridge modules to connect BSC to Ethereum. Any thoughts on my portfolio and/or new tokens to add?

    submitted by /u/Matteorsini
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    Crypto Traders to Blame for 300% Sales Spike at Midwest Tungsten Service.

    Posted: 30 Oct 2021 02:34 PM PDT

    MANAUSD Mega Moon Alert

    Posted: 30 Oct 2021 03:34 PM PDT

    Growing far beyond expected. Upward potential is almost incalculable. Growth is being fueled by Zuckerberg's primary product-focus becoming the "Metaverse". For those of us dinosaurs the marketable prospect is not just socializing and play.. It's the underlying function of being able to connect virtually.

    So meetings, presentations, conferences.. and the broader-overall perspective prospect of virtual reality as a whole.

    The bottom line is that VR, in the past, was a far-fetched dream. It was fantasy in and of itself. Now, it's the primary product of a major conglomerate and moreover a longterm global desire.

    submitted by /u/BigSpoon2215
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    How many Altcoins should a portfolio have

    Posted: 30 Oct 2021 06:20 PM PDT

    In my opinion the most Altcoins Someone should have is 10. And 10 are a lot to keep track off. If you have money left after those 10 I would just Buy some more BTC/ETH but DYOR and Not financial advise

    submitted by /u/PleasantMiddle
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    Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process

    Posted: 30 Oct 2021 01:24 PM PDT

    | MoonX | Low Mcap - Launched on October 7th - CMC listing - CG listing - Utility token of the ProjectX platform - In a few days it will be listed on LBank exchange for 1.5B dollars volume per day.

    Posted: 30 Oct 2021 07:33 PM PDT

    WHAT IS MOONX?

    MoonX is a Utility Token that will revitalise the BSC space and bring the crypto community together on this unified mission to the moon. MoonX is designed to increase in value as time progresses via its anti-gravitational auto-burning mechanism. The strategic relationship between MoonX and ProjectX enables both entities to work in unison with one another and offer each other the freedom to thrust their way to the top of the crypto universe!

    WHAT IS PROJECTX?

    ProjectX intends to change the way we interact with Cryptocurrency as a whole. It will be the one stop shop for all of your needs simplifying the journey for both new and old enthusiasts alike. For strategic reasonings we will.not be revealing everything that ProjectX will provide unțil we are further. into the development of the platform and ready to reveal it. Below is a list of some of the features however it is by no means exhaustive.

    ProjectX will become the one-stop-shop for anything Crypto related. With this hugely anticipated platform, ProjectX will make the process of Crypto more streamlined and accessible for everyone.

    ProjectX Key Features

    ▪️ Escrow Intermediary Services ▪️ IDO launchpad, ▪️ Buy limit/stop loss trading ▪️ Charting Platform ▪️ Token listings ▪️ NFT Minting ▪️ Multi Language platform (English, Chinese, Turkish & Arabic) ▪️ Visa Debit/Credit Card buying facilities ▪️ Bridge for multi crypto currencies (Poly, Eth & BNB more to come) ▪️ News and information channel ▪️ Smart Contract Educational centre ▪️ Vetted Marketing Services including full scale advertising for tokens/coins ▪️ In house video hosting services ▪️ Full KYC services ▪️ Dext Swap Integration across some chains (Binance, Ethereum, Poly) ▪️ Top gainers token/coin list ▪️ Crypto Crowd funding section

    Web: www.moonxbsc.com

    CMC: https://coinmarketcap.com/currencies/moonx/

    submitted by /u/Sirdares
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    HOGE MODS ARE NOT APPROVING POSTS ABOUT 4CHAN REMOVING POSTS!

    Posted: 30 Oct 2021 07:07 PM PDT

    what are the stables that top the list for when using in defi protocols? For me, it's gotta be crypto-collateralised stables since unlike USDC and USDT, they're immune from settlement risks. Here's a infographic explaining all of this

    Posted: 30 Oct 2021 01:06 PM PDT

    My market dip strategy is one word: stablecoins.

    Posted: 30 Oct 2021 10:55 AM PDT

    This is literally the best way to benefit from a sudden market dip (which tends to happen a lot in this market). Always keep stablecoins on the side so you could buy the dip whenever you can.

    I've been doing this for a while now and I benefited a lot from it. I keep a decent amount of USDC and USDR on the side cause I simply can't trust having a large amount of USDT in my wallet. USDT is one of those coins that will have me anxious all the time since it's surrounded by so many controversies right now.

    submitted by /u/Mandrake_m2
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    Starl is a sleeping giant, dont miss out

    Posted: 30 Oct 2021 01:56 PM PDT

    What is Governance Token ?

    Posted: 30 Oct 2021 04:51 PM PDT

    We provide over 100+ FREE crypto articles on our SubStack! :D (Link on our profile)

    TLDR:

    In short, the governance token is a step forward in the decentralisation of voting rights led by DeFi. With Governance tokens, if they only have governance functions, have no intrinsic value in themselves, but they are related to the incentives of each different protocol, so they carry other values. Their value can be seen in three main incentives: Liquidity Mining, Lending, and Staking, along with a combination of protocol-specific incentives. That is why we often see relatively valuations like PE and PS. However, governance tokens still have certain risks which affect the main purpose for which they are formed.

    General Conclusion

    Governance tokens emerged thanks to the birth of famous DeFi projects such as MakerDAO, Compound, Aave, Uniswap, etc., which have seen growth in marketcap skyrocket since DeFi Summer 2020.

    In today's article, we will discuss what governance tokens are, how they impact the DeFi space, and why they are valuable.

    What Is A Governance Token?

    A governance token is a type of token that grants voting rights to their owners in a particular protocol.

    There are currently two ways to calculate the power of voting for governance tokens: token-weighted voting (almost protocols) and time-weighted voting (e.g. Curve).

    Voting power is weighted according to the number of tokens, which means that the more governance tokens a holer holds, the more decision-making weight they have on an issue. While time-weighted voting rights give more rights to those who lock the governance token for longer.

    Off-Chain Governance

    In off-chain governance, network participants communicate outside of the network. These mechanisms can be used to grant token holders informal voting rights. Votes can signal the community to download the code change, but votes do not automatically trigger the change. If a minority disagrees, they can choose not to download the code update. This will result in two separate networks (hard fork).

    On-Chain Governance

    With on-chain governance, code changes are done automatically once voting is complete. Similar to off-chain governance, a minority can choose a minority group can choose to create a hard fork with the new changes.

    The main difference between the two governances is in the way in which participants choose to participate. The on-chain governance allows the code change to occur by majority vote, while the off-chain governance requires participants to download the code change.

    As an open-source network, each scenario presents an opportunity for the minority to create a network that works for them.

    For example, we have seen many forked platforms like Sushiswap from Uniswap, Swerve from Curve or Mirror from Synthetix. Basically, these fork platforms either compete directly with the original platform (Swerve) or go in a new direction compared to the original platform (SushiSwap, Mirror).

    Governance tokens allow holders to vote for changes in the network to which they belong. Usually, the number of tokens a person holds is proportional to the power of votes they have.

    Governance Token Impact On DeFi

    For many in the crypto space, governance tokens are a key function of the DeFi protocol that enables decentralised voting. This approach is consistent with the financial decentralisation that the system hopes to achieve.

    The principles of DeFi focus on financial democracy:

    • The ability for all users to participate; and
    • Have a voice in a monetary system that works in favor of the majority.

    Looking back in history, we have seen a change in governance in protocols like MakerDAO and Synthetix. In March 2020 MakerDAO completed its transition to complete community governance. In the course of 2020 Synthetix launched several DAOs, with each DAO managing separate parts of the protocol created by the main developers.

    This could be an indication of where DeFi is headed.

    submitted by /u/economicsdesign
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