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    Cryptocurrency Daily Discussion - October 30, 2021 (GMT+0)

    Cryptocurrency Daily Discussion - October 30, 2021 (GMT+0)


    Daily Discussion - October 30, 2021 (GMT+0)

    Posted: 29 Oct 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:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
    • Comments will be sorted by newest first.

    Useful Links:

    submitted by /u/AutoModerator
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    WOW. I just posted asking for help. In 5 minutes 5 different users tried to scam me.

    Posted: 29 Oct 2021 11:02 PM PDT

    Wow. I just did a post asking if I had lost 20$ on a small transaction... 30 seconds later I got a message offering help and saying I could "re-validate the transaction with the idapps interface". Quick google showed scam but I let him go on. Sent me a link and instructions that I should link my wallet inserting the seed phrase. A minute later another, then another, than another. There were 3 when I began writing and now there are 5. Some say I have to input my phrase to get a QR code or even a "bar code"! I'm missing 20 bucks here, guys. I can imagine what happens to people who announce problems with bigger amounts...

    A word of advice: If someone has something good to say, they will do it in the open, using the comments. Don't trust people who are trying to help you on the side. Not here.

    Should I edit and add their usernames on this post or is it against the community rules?

    submitted by /u/LeBateleur1
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    Dogelon mars is in the top 100 now? I'm out

    Posted: 30 Oct 2021 01:21 AM PDT

    Another dog coin in the top 100? Wtf. And it also has the most ridiculous name ever. It's the kind of name you would pick if you wanted to make a piece of shitcoin that no one would buy. Dogelon Mars, what is next? CumElonSafeRocket?

    And no, I won't give in and put all my money in memecoins and no, I don't feel like I am missing out. But is this what the space has turned into? People are just throwing their money at the most ridiculous coins now.

    This is one of the reasons why I am looking forward to the bear market. That usually gets rid of all these shitcoins.

    Of course, you can buy whatever you want. I am not here to judge you. But just pump Chainlink instead please. That can also be a lot of fun. Or we can change the name to ChainDog if you like that more

    submitted by /u/Wiardv
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    Remember - Dogelon Mars is in the top 100 by mcap, while Nano, TRAC, ONT, LTO and multiple other good projects are not.

    Posted: 29 Oct 2021 11:55 PM PDT

    Doing my morning review of the market and what do you know? Dogelon Mars has a $1.12B mcap. Which makes it a top 100 crypto.

    I mean I am at a loss for words. Don't tell me this is happening for the third freakin time... For a moment I thought of doing a bit of trading with it, chasing the pump, but... No. I don't have it in me.

    Whenever you try to apply some kind of logic or reason with crypto market, these kind of things happen.

    I for one, am fine with it. Bcs it means we're still early. Profits from meme coins have to go somewhere. And most likely, they will go to solid projects. And that's where my money is.

    Just remember - none of this makes any sense whatsoever. Dogelon Mars?

    submitted by /u/giddyup281
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    I made a "how to get the crypto money out" template for family members who lose a loved one

    Posted: 29 Oct 2021 07:54 PM PDT

    Hi all,

    I have crypto stored in multiple wallets and exchanges all over the place. In the unlikely event that I die, I still want my family to have access to my funds. Unfortunately, my kids are still very young and nobody else in the family has the slightest idea how to operate in the crypto world.

    So, I made a "how to get the crypto money out" template for family members who lose a loved one. I tried not to get too technical, only really covering the basics, but still all the necessary details to withdraw the funds. I'm happy to accept some feedback and modify with some suggestions. It's set up as a View-only but downloadable Google Doc If anyone wishes to use it.

    Obviously, I hope it's never needed, but what I fear more is my kids future being negatively impacted because I was too lazy to set up some basic information for them.

    submitted by /u/gnarley_quinn
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    Cashing out 7+ figure portfolios?

    Posted: 29 Oct 2021 03:34 PM PDT

    Apologies if this has been answered before, I did my best to search but didn't come up with much. Disclosure, I don't have this money (I wish I did) but I have a theoretical question. For all the over night Shiba millionaire and billionaires, are they able to cash out? I understand there are fees and taxes but if someone's $2000 investment was worth $100,000,000 could they just transfer it to another coin and cash it? Could they cash directly from Shiba and would it be worth the value that shows in their portfolio? I have a high school acquaintance on Facebook who had $3000 invested and he's now flaunting it all over social media calling himself a billionaire showing screenshots of his wallet. Is he really? Thanks for any info.

    submitted by /u/Shkmstr
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    Very soon I will be able to pay my parent's house mortgage with my portfolio.

    Posted: 30 Oct 2021 02:36 AM PDT

    I was not born in a rich family, my parents had to struggle to make ends meet.
    Nevertheless I was never hungry and always had clean clothes to wear. They sent me to school, than they paid for my university expenses and I am debt free, however they aren't.
    I am a young man in his late twenties and I've been in crypto for 3 years.
    I've calculated, that when ETH hits $4723 I will have just enough to pay out their mortgage completely, making them debt free.

    I am recently engaged and I could use the money to buy myself and my fiancee something nice but this is the only way I could think of to repay my parents for all they've done for me.
    After doing so, my portfolio would be worth exactly $0 and im fine with it.
    Over the past 3 years I've learned so much that I am sure I will be able to save up some money over the next year to invest in the bear market. I could wait a bit more for ETH to be worth more than $5k or so and get a better start next cycle, but I am not taking any more chances here, even if I miss out on some more potential gains.

    My parents don't really know about my crypto investments.
    I tried to explain it to them when I started but it didn't go well. Them being mostly on the struggling side of things financially they were not okay with any form of ''gambling'' (as they saw it back than), so now, paying out their debt with money from this bitcoin scheme would be a hell of on emotional shock.
    Wish me luck!

    submitted by /u/Spreizbacken
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    Indian pay $3.5 Billion to banks every year as "foreign exchange fees". This is just banks ripping people off to send money across border. Crypto will destroy this income stream, thats why Indian banks are trying their best to limit people from accessing crypto

    Posted: 29 Oct 2021 05:09 AM PDT

    Fine. I'll say it. Millenials, GenX. If we start charging set values of crypto for goods and services. We can reclaim what the Boomers and Silent generation stole from us. They took our money. THEY RETIRED at 55. Get real. Time to reclaim it.

    Posted: 29 Oct 2021 07:47 PM PDT

    They retired as early as 55. Many at 62. While I'll be working till I'm dead. And I've done all I can to prevent that. College, job at 50k out of school. I still won't get there. I didn't need my degree to understand that. Social security is theft at this point. Demand your paycheck in Cryptocurrency. You don't have to get USD for your job. More than just NFL players can ask for this. Many of you have salary jobs. All of them can be negotiable. Start with full salary as BTC. Then settle for bonus in ETH. Lol. We gotta make moves as a group. This is how crypto will get used and get real value.

    submitted by /u/hardcoretuner
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    My portfolio has hit its ath and I don’t know what to do

    Posted: 29 Oct 2021 07:08 PM PDT

    I don't have a huge portfolio by any means , but it's recently hit its most prob green zone. I have been slowly adding to it over the last 2 years in a very modest way, I took some small profits to pay some bills ; but I have mostly held .

    I'm not sure what to do now , the hold has paid off to this point, but the alt coins I have are bound to drop in any bear market , I want to take gains before they drop, but I don't want to miss more gains that may happen.

    Holding crypto is so incredibly stressful, it's lucrative; I don't want to be greedy but these investments give me hope and I invested for my future.

    Gains to selling is such a fine line of what if and it's not somthing the whales will ever have to deal with.

    submitted by /u/Geddy87
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    If you hold Ethereum, you should be rooting for SHIB. Here's Why

    Posted: 29 Oct 2021 08:01 PM PDT

    Fourth try to post this.

    The reason Ether holders should be thrilled that SHIB has high trading volume is that SHIB is built on Ethereum as an ERC-20 token.

    Since August, Ethereum devs implemented EIP-1559 which introduced the "burn" mechanism for Ethereum. In a nutshell, every time Ethereum processes a transaction, a part of the fee is burned.

    This drastically reduces the supply of Ethereum(and will even further reduce it once Eth 2.0 comes out).

    So, every SHIB traded back and forth means more Ethereum burned. Actually, according to ultrasound.money, SHIB is one of the top burners of Ethereum in the last month.

    Once Ethereum becomes a Proof of Stake chain(2.0), Ether issuance will plummet to about half a percent per year. That combined with the burn mechanism will make Ether a deflationary asset.

    The more Ether that's burned today, the less there will be come time for the merge to Proof of Stake.

    Supply and demand.

    SHIB traders, do your thing. We'll see you on the moon.

    submitted by /u/dmiddy
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    Steve Wozniak - "Bitcoin is not run by some company. It's mathematical purity. There can never be another Bitcoin"

    Posted: 30 Oct 2021 02:50 AM PDT

    Don't cry that you missed out, don't make the same mistake next time.

    Posted: 29 Oct 2021 06:59 PM PDT

    I want to encourage everyone here that feel like they missed out on life changing money to not fret. You have a golden opportunity because I firmly believe we're early. This was my first cycle, but here's a few things I instantly picked up.

    1. The talk around defi and related projects started happening in mid to late 2020, just before we saw the massive spikes, there were signs everywhere if you payed attention.
    2. Elon Musk tweeted about doge when it was like 0.0001 or something crazy like that, he's one of the richest men alive and has a massive cult following, again the signs were there this wasn't hard to pick up on or hidden.
    3. Meme coins showed up and were exploding right after doge, naturally the bull market was getting pretty hot, next time I'll know about short term trends to make some nice gains.
    4. Do not listen to the people on here, while there is genuinely good advice for solid and stable returns on here, the ignorance and pride on here are not millionaire material. If you want to make x100 or x1000 gains it'll be up to you to study the cycles and follow your gut.

    At some stage another bear market will show up, have a plan. Don't fomo in now unless it's projects you're gonna be in for the longer haul like Btc and Eth. Be prepared however, do not let it slip you by a second time. Of course it's impossible to catch all the best ones, but all you need is 1 in order for your life to be completely changed, it doesn't matter which one either, only the gains do.

    submitted by /u/Socialinfluencing
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    Vitalik’s SHIB donations look pretty generous right now

    Posted: 29 Oct 2021 04:23 PM PDT

    As many of you may know, SHIB really kicked off it's popularity by depositing a huge amount of it into Vitalik Buterin's wallet. He responded by donating it to several causes, including 50 trillion SHIB to the India Covid Relief Fund. At the time it was worth about $1.14 billion, so a nice little payout, but we all knew there's no way you can cash nearly that much without tanking the value. As of late July, $20 million worth had been cashed out, with plans for another $20 million in the works.

    Today, however, SHIB is at ATH and that 50 trillion is worth $3.35 billion. Not a bad war chest! While it's still true that India can't cash it all out at once, the fact that there's so much liquidity in the SHIB market right now means that they can probably sell some more effectively than they could before.

    Excellent work as always Vitalik. It should be noted that he also made donations to life extension and AI projects that will now be able to benefit from the price spike. In a roundabout way, this crazy SHIB surge has done a lot of good for the world.

    Edit: as many people commented, this donation has been completely cashed out. Thanks for showing the block explorer u/jazzlike_row ! They still seem to have gotten nearly half a billion out of it, so it was a great service to humanity, and probably won't hurt with crypto adoption in India either.

    submitted by /u/Quentin__Tarantulino
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    Don’t fool yourself. Next x100 coin is not shilled here.

    Posted: 29 Oct 2021 09:43 AM PDT

    This sub shilles coins that are already made huge returns. Why? Because general public gain access to cutting edge tech, newest crypto trends only after those coins/tokens gain momentum and make x3-10. How many times MATIC, SOL, ONE, AXIE was shilled here before they exploded?

    ADA, ALGO, BTC, ETH etc are great projects and have wonderful future but to assume that they are going to give you biggest returns in the following year is delusional. Where as long term - most probably.

    Set your priorities straight, DOYR and hodl. I'm not going to tell you which coin is going to be next x100 or more but it is obvious that following niches are going to disrupt the whole world:

    1. Decentralized identities
    2. Decentralized ticketing
    3. Metaverse
    4. Blockchain powered Gaming
    5. Social tokens
    6. Everything related to zero knowledge poof (ZKsnarks, zkrollups etc)

    Find reliable project in those niches and invest as much as you can afford. Wait for 1-1,5 year and watch the whole Reddit shill those coins/tokens after you already made a fortune on them.

    submitted by /u/Letsmakeitawsome
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    BitTorrent Chain Launches Today!

    Posted: 30 Oct 2021 02:35 AM PDT

    In case you guys haven't heard, Tron and Bittorrent's Layer 2 cross-chain solution launches today! It will bridge the ETH, BSC, and TRX networks and allow for interoperability and communication between all three chains. They are also planning more bridges in the future including HECO and other blockchains. Their aim is to provide fast (up to 7,000 TPS) and cheap (avg. $0.01) seamless transactions between these blockchains. Here's to hoping that all the blockchains can work together to build a better cryptoverse for all!

    https://bittorrentchain.io/

    submitted by /u/FriendshipPlastic128
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    Why are you invested in crypto, in one sentence.

    Posted: 30 Oct 2021 03:36 AM PDT

    Would like to have a general consensus of why you are invested in crypto. People who invested in 2010 might have a totally different perception of why they are invested now. This is also same for those that invested in 2016,17,20.

    So why are you actually in crypto? Is it because of the money? The revolutionary tech? Or just because you do not believe in the fiat anymore?

    Yes, the fiat has definitely been inflated because of the printing of money.

    On my own personal thought, I would say that I am investing in crypto because my friend told me to apply for the CRO card and that's where I began to learn about crypto.

    TLDR; Why did you invest in crypto in one sentence

    submitted by /u/PartTimeAnalyst
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    Macro pump of NANO

    Posted: 29 Oct 2021 11:42 PM PDT

    I was just checking my portfolio when I saw that NANO is up about 30% and is one of the biggest growing coins on binance right now!

    I'm very pleased because I believe that NANO should be more recognized with its great technology. But I can't really explain this sudden increase relative to other coins...

    I know that 2miners recently added NANO withdrawals but that was a couple weeks ago. Maybe there was news I missed or something ?

    Any idea why it's happening right now? And any advice on how to take advantage of the situation?

    submitted by /u/_Killian
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    I am back! My blockchain games experience after 5 months. How much can you earn?

    Posted: 29 Oct 2021 11:03 AM PDT

    It's been a long time since I wrote a post here but I am BACK! There is a ton of information and experience to share so I am coming back with a few posts in mind coming soon. I have a bit more than 5 months of experience in blockchain gaming and I think it will be really useful for you if you want to get on it. During those 5 months, I managed to go from $0 (ok maybe I put in like $20-30 from surveys at some point but still not much) and build my way up to more than $25k (Not including assets with really volatile value or ones that have no certain price yet because there is still no marketplace to sell them on)

    I know many of you don't like long posts so I will break it down into sections so you don't have to read it all.

    What I have accomplished so far (apart from money):

    I managed to introduce a lot of people to blockchain gaming and most of them are already earning a steady income from some games. I did spend a ton of time answering DMs and trying to be as useful as I can (will do the same again so feel free to DM me for more advice or info) and this made me a lot of connections and friends. The blockchain is a mess, so you need friends because you can't keep track of everything. They can inform you about projects they have researched and think are worth it you can help each other so try to do that. Join discord servers, telegrams (But not scam ones!), etc. with such communities and you will be able to find games early which is one of the most important things.

    Earnings:

    Enough with the blabbering, I think most of you are here for the bread so let's get on it.

    If it will be easier for you I have monthly breakdowns posted and the prices vary a lot from now because of games crashing or reaching new highs (of course it's normal in crypto)

    Axie Infinity ($$$): Invested a total of $510 and got my ROI back in less than a month. I was earning $100 a day at its peak and managed to sell a ton of their coin (SLP) at a high price for some ETH. Recently they introduced a bunch of new updates because the price of SLP crashed and now I earn only $12 a day myself and a few more times that from scholars which is still decent. My total income there is approximately $4000+ and am holding assets worth $3000+ (Yeah it was a great earner so really looking forward to new updates)

    Splinterlands ($): One of my proudest decisions still is investing that $10 earned from a free game (CryptoRoyale) to start Splinterlands. At first, I was earning just a few cents a day but once people saw potential in it the game became one of the top earners in the space. With $1,000+ earned from battles, $2,700 in cards value and daily airdrops and staking of SPS token which is $2,500, I have $6,200 earned in Splinterlands. I also am earning passively from another bot account (yes it is allowed for now), staking and daily airdrop based on assets value.

    Plants vs Undead ($): Well this one is a bit different. I did earn a lot there but I don't think it is worth investing in it now. The devs made some mistakes leading to the coin dropping by 97% and losing their big investors. The game was so profitable for a couple of months that I made $1,600 in total for 2 months with a $50 investment. Still earns me about $3 a day almost passively but it's not what it was. Hopefully, they can revive it with Farm 3.0 and the new PVP mode. But invest at your own risk here!

    CryptoRoyale (FREE): Well this project proves that diamond hands always payout. I held their token for a lot of time because I was getting APY and it went from earning less than 10 cents a day to owning a total of $520 now with $0 investment. You earn a bit less ROY rn from games but still a pretty fun game worth checking out.

    BombCrypto ($$): Similar to Plants vs Undead it had a massive earning opportunity at first. I made $1100 in 4 days with a $55 investment but…. they stopped the withdraw function so no one was able to sell for weeks. When they finally opened it the $1100 were worth just $350 but still sold them and now I am earning almost passively $7 a day. It's an idle game as of now but they will have PVE and PVP soon.

    Which games to start now

    You are probably wondering if it is worth joining blockchain games now or it is too late? Well, I can guarantee you that it is even too early. First of all, most of the games are not polished, rushed for release because the competition is weak and they are full of bugs. From the ones released as of now, I can say that it is only worth joining Splinterlands and Axie Infinity. The rest most probably won't survive when we get THE games. Now is the absolute perfect time because the most promising games are soon to be released and trust me being early can be extremely profitable. Here are some examples of promising upcoming games

    Thetan Arena (FREE): We are starting off with one that is playable now as a beta and will be released in less than a month. I am not going to be talking in detail about it but it is a mobile 4v4 game with great graphics and an experienced team. You can play and earn for free or buy premium heroes which can earn you more daily. I have a ton of their coin bought at $2 and it is almost $10 now (started at $0.06 on ICO)

    Guild of Guardians ($$$): One of the most promising games you need to keep an eye on. The team is extremely serious about their game and there is huge demand of their assets. It will be heavily guild revolved so expect to play with your friends a lot. They are releasing their coin soon so it is a great time to read more about it.

    Illuvium (FREE): Definitely the best-looking game I have seen in a while (I wish I could add pictures). It is guaranteed to be a massive hit because the team has worked on numerous AAA games. Their coin is pretty buffed as of now almost reaching the $1000 mark per coin. Just have a look!

    Defina ($$$): Anime game in which you can earn. What do you need more? Its graphics are insanely well-drawn, its website and dev team are amazing and it attracted the attention of Binance. It is releasing really soon so keep an eye on it and join their discord for quizzes, NFT drops and other prizes which might be valuable in a couple of months.

    Ember Sword (FREE): In this game, you will be on par while playing for free with the whales. They are strongly against pay to win so the NFTs will be mostly cosmetics. You will be earning their token too and the gameplay looks really dynamic.

    League of Ancients (FREE): 5v5 Moba, League of legends style, massive potential. That's all you need. The dev team presented themselves in a video and look serious about their project. You can earn with their new system as of now so get some LOA tokens before their ICO at $0.05 and when they get to $10+ you will have enough to invest wherever you want.

    Star Atlas ($): Last but not least. The most realistic-looking one and the most thrilling trailer of them all. I am putting it as last because it is set to release at the end of 2022. Just watch their trailer and go get a ship for $20 before their price jumps like crazy 😊

    I wish I could include describe the projects in more detail and add some tips on how I find those projects and many more and how I distinguish the long-term investment ones, the short pump and dump schemes and the not worth at all but the post is getting too long. Expect it soon tho. If you have questions or need more info about some of the projects ask away. For the ones that got till the end, I might drop some gifts!

    Happy earning!

    submitted by /u/WeakBottt
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    Out of interest, does anyone here still actually believe in legitimate use cases for crypto, or are you all just out of control gamblers throwing money at anything in the hope it will pump?

    Posted: 29 Oct 2021 06:39 AM PDT

    I mean, what people want to do with their money is their choice, so you can waste it on anything you fancy. Crypto is all about freedom after all.

    But this was originally a crypto sub and we used to talk about legitimate use cases and how crypto could change the world for the better.

    I could be wrong, but I get the sense that the majority of people here nowadays don't really care about crypto as an ecosystem. It's simply a mechanism for some sort of moonshot...

    The 'in it for the tech' vs. 'in it for the money' debate is as old as crypto itself. But in the past I'd say the groups had a natural crossover, or the latter at least was looking at long-term profits. Now I sense that most here aren't really interested in the tech at all, nor have any faith or belief in crypto's long-term future.

    No moral judgement here. But would you say you're actually a crypto believer, or just in it for the short term returns?

    submitted by /u/TrueSpins
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    Robinhood investors fall out of love with Dogecoin, as it drops from 32% of revenue to just 8%

    Posted: 29 Oct 2021 11:15 PM PDT

    Zuckerberg Trying To Hijack Web3 & NFT's To Increase Surveillance, Rent Seeking, Regulatory Moats, Restrictions On Crypto, & Public Manipulation

    Posted: 29 Oct 2021 12:44 PM PDT

    The year is 2420

    Posted: 30 Oct 2021 01:41 AM PDT

    You come back home from the your local META working center, it has been an exhausting day upvoting the preselected META approved content but now you can finally spend some time in the metaverse. News of a recent attack by an insurgent group show up in your newsfeed but you quickly dismiss it.

    You choose to connect to planet Musk, Elon´s giant avatar towers over you as you peacefully walk across a faithful recreation of Mars, or at least what it´s supposed to be since it was destroyed by the endless stream of space cars crashing there. Premium users soar through the sky or ride their flying exclusive mounts. "One day…" you think to yourself…

    Suddenly a red message pops in front of your avatar´s eyes "Security breach, please remain calm while the admins deal with it" You find yourself in the middle of an all out war. Strange figures with an egg shaped head and an antenna wage war on the colosal admin bots.

    The Reddit resistance is here…

    submitted by /u/Davimus59
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    If you can’t stop yourself from FOMOing into shitcoins, don’t despair. Nothing has changed in over 300 years. Let me introduce you to “The Mississippi Bubble” (Disclaimer: investors spent money they couldn’t afford to lose, banks printed more money and the little guy got screwed)

    Posted: 29 Oct 2021 08:34 PM PDT

    In 1717 the Mississippi Company, chartered in France, set out to colonize the lower Mississippi valley, establishing the city of New Orleans in the process. To finance it's ambitious plans, the company, which had good connections at the court of King Louis XV, sold shares on the Paris stock exchange.

    In 1717 the lower Mississippi valley offered few attractions besides seasons and alligators, yet the Mississippi Company spread tales of fabulous riches and boundless opportunities. French aristocrats, businessmen and other members of the bourgeoisie fell for those fantasies, and Mississippi share prices SKYROCKETED.

    Initially, shares were offered at 500 livres apiece. Two years later on August 1st, 1719, shares traded at 2,750 livres. By the end of the month, they had nearly 2x and traded at 4,100 livres. Less than a week later, they shot up to 5k livres. By December, they had pumped to 10k livres per share and euphoria swept the streets of Paris. People sold ALL their possessions and took out huge loans to buy Mississippi shares. Everyone believed they had found their rocket to the moon.

    In early December, the panic began. Speculators realized that share prices were totally unrealistic and unsustainable. People started selling and an avalanche ensued. In order to stabilize prices, the central bank of France bought up Mississippi shares, but it could not do so forever. Eventually it ran out of money. So what did they do? What banks do best; they printed more money. The entire French financial system was placed within a bubble and while big speculators got out in time, the small investors lost everything.

    I actually posted this not too long ago but with all the recent mania, it bears repeating. It also goes to show that FOMO has existed since the beginning of capitalism, banks will always win and if you're a small fish in a big pond, nobody is gonna look out for your best interests except for you.

    submitted by /u/deathtolucky
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    Tell me what is your largest bag without telling me what is your largest bag !

    Posted: 29 Oct 2021 08:08 AM PDT

    You own a lot of cryptos ? you own only one ? Try to tell us and we'll take a guess !The more you make it simple yet complicated the most entertaining it will be. I want to take a shot checking if I can guess what is the top coin in your portfolio right now !

    Let's have a fun time attempting to guess and trying to make other people guess !

    You can also make a riddle of some sort or even code your answer, just try to tell if it is very hard or easy. I'm not good in deciphering but we could all try.This can take our mind off the market for a bit and celebrate our knowledge of so many specific coins !

    Edit: I'm so happy right now you can't imagine, I had a shitty day (not shitty but just low energy) and you made my day by partaking in this game! Thank you to all !

    submitted by /u/Nostalg33k
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    Anyone slowly building up a degenerate portfolio?

    Posted: 30 Oct 2021 03:53 AM PDT

    I was exclusively holding BTC and staking ETH for a couple of years. Since my portfolio has doubled in value now I am expanding into shitcoin territory. But again I don't think these cryptos I invested into aren't inherently shit because I kinda do my own research.

    Anyways Now the only top 100 coin I have is ETH. Hell, I don't even have any top 200 coins anymore. My portfolio consists of coins from the 1000s, 2000s, and 3000s.

    And why I do this? Because I am a smart individual seeking value investing opportunities and bluechips.

    Let's share the most low cap coin you own. Let me start: DERC.

    submitted by /u/rexkoner
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