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    Cryptocurrency Daily Discussion - November 1, 2021 (GMT+0)

    Cryptocurrency Daily Discussion - November 1, 2021 (GMT+0)


    Daily Discussion - November 1, 2021 (GMT+0)

    Posted: 31 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 The prior exemption for karma and age requirements is no longer in effect.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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    Squid Game from $2856 to $0.0008 in 10 minutes

    Posted: 01 Nov 2021 02:48 AM PDT

    That has to be the biggest and quickest rugpull in history right?

    We all knew squid game was a scam as well as a rugpull and even more fucked that people couldn't take profits at all at any point and whatever the deal with winning games to get the tokens for gas fees was. The whole thing was fucked.

    But still please anyone correct me if I'm wrong but I don't think anything else I've ever seen has dropped that much if it's percentage in such a short time?

    I'm sorry for any of you who've bought that token hoping to make a quick buck. I hope it was a relatively cheap and valuable lesson about crypto and these random tokens that pop up out of no where.

    Edit: looked at the charts a little closer and it actually happened in 5 minutes.

    submitted by /u/MuffinMan12347
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    People keep buying Squid Game Crypto which is Now Up 110000% without Realizing that they Still cant Sell

    Posted: 31 Oct 2021 12:50 PM PDT

    What will happen, when Bitcoin crushes the $100k barrier

    Posted: 31 Oct 2021 01:04 PM PDT

    PlanB's prediction for this month is $98k, for December it's $135k. Coupled with the development and adoption happening on a global scale, china excluded, there's so much positive sentiment coming, that can push Bitcoin to that $100k.

    $100k is a huge psychological barrier. Breaking that could open the floodgates to a super cycle bull run.

    What are the likely outcomes, when Bitcoin does take this hurdle?

    Btw. according to S2F, Bitcoin will take $1m in summer 2025, so there ain't too much time to sleep at the current levels.

    submitted by /u/Randomized_Emptiness
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    DO NOT buy SQUID - big scam

    Posted: 31 Oct 2021 02:09 PM PDT

    https://www.entrepreneur.com/article/394469

    So long story short, you can buy SQUID but can't sell it. It may look like an amazing investment with the crazy growth but it is a huge con. Let me explain what the article says:

    On PancakeSwap you can buy into SQUID, but not sell. You can only sell when you have Marbles. Marbles are only earnable through playing the game You use your SQUID to 'buy in'. The first level buy in is 456 SQUID which at the current price of $37 each is $16,872 in total. All this just to play level one where you can lose it all.

    Clearly people are buying in on the hype, getting suckered and then buying more in the hope of getting out, driving the price up. They see their asset being worth potentially millions and then buy to try and get out but are stuck in an endless loop of horror.

    Having watched the series, it weirdly reflects the show quite well, but please don't get suckered in by this and avoid at all costs!

    submitted by /u/King_J990
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    Best “lifehacks” in crypto that everyone should know from the start?

    Posted: 31 Oct 2021 09:32 AM PDT

    I've been in cryptoverse for a while now and I keep seeing newbies ask for tips in crypto, all from how to buy on DeFi to smaller things. I was wondering, what is the best life hack for you in cryptocurrencies? Anything is fine, from trading, storing, buying, selling, securing, whatever comes to your mind that you'd want newbies to know about. There is a lot of new people here everyday now and I thought that sharing such small life hacks would be nice for them.

    For me the biggest life hack in crypto I found is using XLM (Stellar Lumens) to move funds around. When I first started trading I used BTC to move funds around and ...that wasn't really smart. Then I heard someone talking about using XLM to move because it's ultra fast and ultra cheap. Best hint I got :)

    What are your lifehacks in crypto?

    submitted by /u/DaddySkates
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    Stop worrying about Shitcoins, Let's talk about how awesome is it that BTC is holding 60k as a support!

    Posted: 31 Oct 2021 04:29 AM PDT

    BTC has been constantly over 60k for the last 16 days, back in April it could only hold it for about 4 days! that's pretty insane to me! but some people now are just taking 60k for granted and being disappointed that it is not going up, come on guys let it run it's course, is healthier this way, you can't compare it with all those crazy moonshots going around.

    Slow and steady wins the race 😎 give it 3 months and see how all those coins are doing, then see how BTC is doing!!! you might still be in time to take profits and put some in BTC!!! not financial advice, just to be sure

    submitted by /u/buuhhu1
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    GameStop Effect? Why Loopring (LRC) Crypto Is Going Up Today

    Posted: 01 Nov 2021 01:12 AM PDT

    Is Cardano worth the hype, or am I better off staking elsewhere?

    Posted: 31 Oct 2021 06:05 PM PDT

    I've been hodling ETH for a couple of months, so I'm definitely happy with the recent bull market and all the attention crypto's been getting. Naturally, I want to try and diversify my portfolio, and I keep on reading about Cardano whenever I try to research. I don't quite understand the hype though.

    I know that an Ethereum co-founder created Cardano, and it wants to have a more academic approach to the blockchain space (if my understanding is correct). But I'm not sure if there's more I should see to understand what makes it so exciting for investors. Is ADA really worth staking or am I better off just continuing my hodling ETH? If not Cardano, should I try another platform or blockchain? Thanks!

    submitted by /u/PetraHembree
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    What's up With GME and Loopring (LRC)? Full explanation on both!

    Posted: 31 Oct 2021 12:51 PM PDT

    Many of us have heard about the potential GME partnership with the cryptocurrency Loopring, but do not have any idea about why this could be a game changer for both GME and Loopring.

    I have tried my best to provide a clearer breakdown to help anyone trying to understand why many of us are very excited by the news that GME maybe have partnered with Loopring.

    What is Loopring?

    Loopring is an Ethereum Layer-2 scaling protocol that enables the building of decentralized exchanges, which rival centralized exchanges in terms of performance. It allows users to trade without the need for a custodian or intermediary. A decentralised exchange allows users to trade their assets (normally cryptocurrency) without having the need to fill out KYC regulation forms.

    Loopring has a cryptocurrency token which goes by the symbol LRC. Loopring has currently an exchange built (https://app.loopring.info), an smart wallet to hold your cryptocurrencies in, and aims to become the leading user-facing financial services application in the world.

    What's Ethereum?

    Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. Its token is goes by the symbol ETH. Ethereum allows you to move money, or make agreements without directly having to go to someone else (No need for banks or payment providers). The middleman is taken out of the picture. It is decentralised – meaning it makes it nearly impossible to stop you from receiving or using services on Ethereum. All transactions are stored on an electronic ledger, allowing you to keep track of all your transactions. It is also the main network for NFT's, which are taking the world by storm (see below for more information on NFT's.)

    Ether (ETH) is the main token of the Ethereum blockchain and acts as the primary "fuel" that powers all activity on it. Ethereum uses "Gas" for transactions. 'Gas' refers to an amount of ether that's needed to perform a certain function on the network.

    Ethereum is the second biggest cryptocurrency, just behind Bitcoin. It is known as the financial cryptocurrency of the world. It is expected to overtake Bitcoin (also known as the 'flippening') and should become the number one cryptocurrency used worldwide.

    Companies Who Are Bullish on Ethereum: Google, Tesla, Square, PayPal, ARK, Mastercard, MetLife, Cisco, BP, Accenture, Microsoft, IBM, JPMorgan Chase, Deloitte, Barclays, UBS, Credit Suisse, Amazon, Visa (the list goes on and on).

    While I could go on about the large list of functions Ethereum has, I think a brief outline above gives a clear meaning to what is Ethereum.

    The Problem with Ethereum

    As there are millions of users using Ethereum, 'Gas' prices can rocket, meaning that it can be very expensive to buy or sell cryptocurrency.

    Ethereum is a Layer 1 Protocol, and this means gas prices can skyrocket if lots of people are buying and selling cryptocurrency at the same time. It is based on supply and demand. The more demand, the most costly it is for someone to carry out a transaction. The Ethereum network picks the transaction with the highest gas fee, and processes the transaction in that order. This means transactions for users who pay a lower gas fee can take much longer to process (hours, or days).

    How much gas you pay for each action on the Ethereum blockchain is calculated based on two things:

    Gas cost x Gas price = Cost of an operation on Ethereum

    High gas costs are the biggest issue users who buy and sell cryptocurrency face with Ethereum, as the costs are too high.

    If the problem of high Gas fees can be solved, the usage of the Ethereum network will rocket to unprecedented levels.

    How do you fix the Gas problem? Where does Loopring come in?

    As Ethereum is a layer 1 protocol, it sends transactions one by one. This puts a lot of strain on the Ethereum network, and therefore, the network prioritises those who are willing to pay a higher 'Gas' fee. We can fix this by using a Layer 2 Protocol.

    Loopring is a Layer 2 Protocol.

    Loopring uses a scaling solution called 'zkRollups'. This is where Loopring bundles lots and lots of transactions together off-chain, before submitting them to the Ethereum network as a single transaction. This means less strain is placed on the Ethereum network, and therefore makes trades on Loopring much faster and cheaper.

    Its innovative use of zkRollups allows it to achieve higher throughput and lower costs than any other decentralized exchange built on the Ethereum blockchain, while its non-custodial technology presents an improvement to the security of centralized exchanges.

    This means you only have to pay fees when interacting with the Ethereum chain directly — including deposits, withdrawals, and registering a new account. Trades and transfers made within the Loopring zkRollup do not require any gas (and are nearly instant). This makes your transaction costs much lower than anywhere else.

    Loopring also benefits from the security of the Ethereum network, but also enhances user protection. Unlike most other cryptocurrency exchanges, if anything ever happened to Loopring, your funds are always safe and withdrawable back to Ethereum, even if Loopring does not exist.

    Ethereum's Founder Billionaire Vitalik Buterin says 'Layer 2 Solutions Are the Future of Ethereum Scaling'. He also mentioned NFT's need to move on to Layer 2 solutions to cut fees.

    This is what makes Loopring so valuable.

    Best places to buy Loopring (LRC)

    It is available to purchase on the following exchanges, just to name a few:

    Loopring

    Coinbase

    Uniswap

    Matcha

    There are many more exchanges, but these are the most common exchanges. Loopring and Coinbase are the most recognised.

    What are NFT's?

    NFT's (which GME is aiming to roll out) are currently taking the digital art and collectibles world by storm. NFTs are tokens that we can use to represent ownership of unique items. They let us tokenise things like art, collectibles, even real estate. They can only have one official owner at a time, and they're secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.

    NFT's are currently selling for large amounts of money. For example, a collection of 10000 NFT's 'sold' for $530 million.

    Where does GME fit into all of this?

    GME is creating a NFT marketplace. You can see this here: https://nft.gamestop.com/

    If GameStop can establish themselves as owners of a leading global NFT marketplace, it will create an incredible new revenue stream for Gamestop, and hopefully this will reflect on the share price.

    Web 3, Ethereum, Cryptocurrency and NFT's are the future, and GME have placed 8 job adverts looking for workers with experience of "Ethereum, NFTs and blockchain-based gaming platforms."

    If GME gets this correct, this could mean be very bullish.

    GME and Loopring – why is everyone getting excited and buying Loopring and more GME?

    If GME is using Loopring's technology to power their NFT platform, they won't just be providing a basic NFT platform to GameStop users.

    GameStop would be combining the speed, security and reliability of Loopring's Layer 2 platform protocol, with the worldwide audience GME has. It allows GameStop to become dominant in the NFT space, and with the NFT space expected to grow, this can only be good news for GME's share price.

    Its like combining the Rolls Royce of Layer 2 protocols, with the bullish potential of what GME could evolve into. It means GME is working with one of the best in the game, and this will attract users to use the potential platform, as they can benefit from lower fees, fast transactions, and world class security.

    Loopring has announced they are working with a "partner" to developed an NFT marketplace, and it aims to release the news in Q4 2021. This lines up with the rumoured launch date for the GameStop marketplace.

    GameStop's Head of Crypto used to work at Loopring, which further enhances the rumours that a partnership is coming. This, along with the code found in Loopring's GitHub, outlining the GameStop API, is bullish both for GME and Loopring.

    What do I think will happen?

    Of course, these are my thoughts and make sure you DYOR. I think Loopring will rise anyway. It's all time high was over $2.40, and is currently sitting at $0.56. With GME and if the partnership is confirmed, I believe it could rocket to a top 10 cryptocurrency coin between $30-$50+ a coin or even higher, which is why I hold Loopring (LRC). I believe it's going to rocket up in value, and if GME does partner with them, it's going to moon hard! Loopring is also valuable as it deflationary. This means the total LRC supply decreases over time which can impact Loopring's token price and market cap positively. With cryptocurrency, volatility is why people invest in it. When something moons, it goes to unbelievable levels - just look at Bitcoin and Ethereum.

    For GME, I think having such a solid infrastructure shows growth, and will allow GME to establish themselves as a global leader in the NFT space. This should propel GME's share price much higher. By diversifying into NFT's, with an incredible layer 2 protocol behind it, Gamestop will be able to benefit from its partnerships with Hasbro and Microsoft, allowing it to become dominant in the NFT space. With many game studios looking for a solid NFT marketplace to mint their NFT's, a successful Gamestop NFT marketplace would be the perfect place for them to do this, thus bringing in huge revenues for Gamestop.

    I hope it helps clear things up a little better for everybody wondering why GME and Loopring could be huge news for both.

    (I came across this post on Superstonk by Redditor Delvo14827 could not crosspost so copypasted it)

    submitted by /u/Baetus_the_mage
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    Portfolio to fiat without major exchange

    Posted: 31 Oct 2021 11:50 PM PDT

    I know a guy who knows a guy who had some luck with an alt and is thinking about taking the gains. Its 4x a decent input and while not wife changing its decently life helping.

    Let's say one was to sell out their bag, convert it all to a privacy token let's say for this example XMR. How would one then go about converting that to fiat and withdrawing to a personal bank account/fiat system? He is NON US holder for the record.

    Basically trying to implement as much privacy as possible here.

    Asking for a friend btw.

    Edit : I am = He is

    submitted by /u/sellout21
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    Its better to ask the “dumb” questions and learn something, than to stay being ignorant. Everyone has to start somewhere.

    Posted: 01 Nov 2021 02:59 AM PDT

    For some of you, it can be seen as common sense. But so far from what we can see, that SQUID, the biggest Ponzi rugpull crypto ever created yet just burned millions of people , it doesn't look like people in this space understand basic fundamentals of crypto.

    We've just witnessed it, the lack of education.

    And it just happened, the coin went from $2800 to $0.002 in a blink of an eye. I'm really sorry that millions of people just lost their life savings, investments. I know I shouldn't care too much about the others, but seeing newbies getting burned, not educating themselves enough, not asking "dumb" questions really triggers me.

    Everyone has to start somewhere, so measure twice, cut once. Especially in crypto, where you should measure at least 100 times and then cut.

    Peace, may your losses from this rugpull shitcoin rest in peace.

    submitted by /u/GroundbreakingLack78
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    What made you finally dip your toes in cryptocurrencies

    Posted: 31 Oct 2021 03:04 PM PDT

    I've been interested and kept hearing about this new technology for a while but somehow never got into it for some reason.

    For me the tipping point that pushed me into crypto was a single post that randomly showed up on my Reddit while I was browsing for some skate videos. If I recall correctly it was an analysis of Ethereum and how it could scale up in the future. I was on the toilet at that time and I tried reading it but I had no clue what that dude was talking about so I swiped back to this sub where the post originated from and started seeing all those funny pictures about crypto. From those picturememes I started to get interested in the background of them and eventually started reading more and more about crypto. Those were the very reason I made my first investment. I know it's a completely stupid reason but its the truth.

    What was your tipping point that got you in?

    submitted by /u/DaddySkates
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    If this run has taught me anything, it's that most people here don't really care about decentralization and technology

    Posted: 31 Oct 2021 04:14 PM PDT

    Feel free to downvote me, that is your right, who am I to tell you what you should do with your money?

    But just as you have the right to do with your money whatever you want so do I have the right to express my opinion on this sub. I am seriously dissapointed with the ammount of posts shilling shitcoins, memecoins and people supporting it.

    Some of you will make good money on it, most of you probably won't. If you go with it for a long run I am sure you will get rekt.

    People who put money into this just read how someone made a huge profit, avoid reading how many people lost money in the same way not even a month ago, people on this sub would recommend not gambling on shitcoins, and now I have a feeling that everyone here are for the shitcoin gamble.Where did all those people from whom I could learn disappeared?

    And yes, most of us are here for the money but also for decentralization and adoption. Is this the adoption we asked for?

    submitted by /u/Zantti
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    Squid Game Cryptocurrency Scammers Make Off With $2.1 Million

    Posted: 01 Nov 2021 04:36 AM PDT

    I took profits , it seems it’s scarier to sell than buy. Why is that

    Posted: 31 Oct 2021 08:48 PM PDT

    I took some profits after being up a bit and it really came at an opportune time in my life , I'm a firm believer on that "things happen for a reason "

    But I was more anxious and uptight at selling than I was buying. I mean it doesn't make sense; I buy and money comes out of my account and I'm left with the unknown and the possibility of losing that money; selling I get money added to my account and know that I already succeeded.

    I guess the idea it could go a lot higher is always present but that's basically living in greed. It could also dump and leave me with a loss.

    Can't count your chickens before they haha hatch and one in the hand is worth two in the bush.

    Going to pay off some bills and hope my other holdings grow as well,

    Hope everyone had a great Halloween

    submitted by /u/Geddy87
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    SAMO - Solana's Biggest Community Coin

    Posted: 31 Oct 2021 04:04 PM PDT

    ///NOTE: This post did so well in r/Solana - #1 Hottest post - that I felt people in this subreddit might also find the info useful. Thanks for the support all 🔥///

    We're all aware of the dog coin hype at the moment, so I thought it was worth making y'all aware of what's happening with Solana in this space.

    DOGE is to Bitcoin as SHIB is to Ethereum as SAMO is to Solana.

    If you're bullish on SOL, and you missed the train on the first two, then this is a good way to get in early on the Solana ecosystem's biggest community coin, and #4 biggest meme coin in the entire crypto space (yet only $0.4bn market cap).

    The Dev Team's aspiration and the current vibe in the subreddit is community-focus and utility - not just a pump-and-dump meme "moment". There's tons of stuff happening in the space: 1) 500M coin burn on a random day each month for the next 6 months, 2) SAMO NFTs to be released with buy-back and burn mechanism built in, 3) Metaverse projects coming soon, 4) A super motivated and efficient dev team who were heavily involved in Solana's recent Ignition Hackathon.

    The community's super friendly and welcoming at the moment, so post in the r/SamoyedCoin subreddit if you have any questions ♥️

    I strongly believe that (however you feel about meme/dog coins) the hype from SAMO could be a fun yet powerful advertisement for the Solana blockchain - which as we all know is the fastest blockchain existing right now. It was my first time actually using the Solana blockchain and Phantom wallet (outside of CEXs) and I was blown away with how simple it is. If it can do this for me, who was already a SOL advocate, then it can definitely do this for millions more users.

    As the fastest and cheapest to transact dogcoin existing right now, this should be all the info you need to make the call. See you there 🐾

    NOTE:

    submitted by /u/snapbakclaptrap
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    Is there a reason the community is largely against ADA?

    Posted: 01 Nov 2021 01:28 AM PDT

    Always wondered if there was something that tipped people over the edge with Cardano, or is it mainly BTC and ETH Maxis, or anyone with a specific coin they follow? I've got ETH, LINK, ADA, and some NANO, and never really understood why the hate for ADA. Yer it's been slow in development, but isn't that a good thing? Maybe you think ETH 2.0 will just do everything better? The foundation seems to be ticking boxes, contracts are now up, countries are coming on board, but it still seems to cop it? Genuinely curious about why people are often very anti-ADA.

    submitted by /u/KaapstadGuy
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    The Metaverse is coming and we still have a chance to change our lives forever.

    Posted: 31 Oct 2021 01:53 PM PDT

    I've recently made a post about being late at CryptoCurrencies.

    If you're reading this, there is a chance you've missed BTC below $5K and you've missed CryptoPunks and BoredApeYachtClub. (if you caught them, I am truly happy for you.)

    Now... with Facebook changing his name to META (clearly referring to the Metaverse), we will probably face mass adoption / huge interest from the average population.

    I can see META developing his own thing (not built on blockchain - CeFi.) while the DeFi Metaverse will grow on the Ethereum blockchain.

    If we're able to catch the right projects, this can be it. I'm looking at BlueChip NFTs that will take part into the Metaverse, I'm looking at Gaming Projects like The Sandbox and Decentraland.

    My focus has shifted almost entirely into studying and researching Gaming. As an -ex CallOfDuty competitive player I'm really looking forward for what's about to happen and I won't find myself unprepared this time. Are you?

    submitted by /u/xMrCrash
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    You guys predicted the red September as well as Pumptober... so what's in store for November?

    Posted: 31 Oct 2021 06:39 PM PDT

    I'm a new investor and only recently I've been learning about market cycles and trends, there's so much to learn! One things that has become apparent is there are models and patterns that savvy investors have seen over the years; and although the crypto universe is the wild wild west and anything can happen - some of you seem to get it right, time and time again!

    The last few months of crypto have been crazy and that's an understatement. I only started my crypto journey in May and it began with me watching a complete sea of red for my first few months investing. The helpful people of this sub taught me not to panic and helped me forge my diamond hands. Reddit has been my home through this journey and I've learned so much about investing, and I'm oh so thankful for it.

    - You told me to DCA in and hold my bags for incoming pumps mid-year... which came and turned my sadly all-red folio into a nice green.
    - You told me to be wary of September as its traditionally a bad month for crypto...which was correct. I took my profits early and held....waiting for October.
    - You told me that October would bring pumps like we'd never seen... and many ATH were broken. Pumptober was beautiful, and a nice insight into what a "bull market" is like.
    - Only thing that has been wrong so far is that you told me to be wary of SHIBA and I missed out on 10x'ing my money.

    So I ask, oh wise members of the cryptocurrency sub.... what should I come to expect from November?

    A giant sell-off after Pumptober? MORE pumps? A new dog-themed coin in the top 10? I'd like to acknowledge that it is fair to say we don't know shit about fuck, but I'm very interested in what you guys have to think!

    submitted by /u/Environmental_Point3
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    Don’t fall for this shit Elon is pulling with accepting Shib for Tesla (source coded)

    Posted: 31 Oct 2021 10:33 PM PDT

    For all you meme coin fanboys and girls, hearing shiba and Doge being accepted by tesla must be music to your ears. You probably are all praising Elon and worshipping him right now. Well in case you don't realise, this same Elon is the one who is fighting against paying his fair share of taxes.

    This dude is so fucking rich, he doesn't gives two shits about cryptocurrency, let alone meme coins. He's just playing whatever cards he can get his hands on to gain supporters. Obviously still trying to ride his glory days of tweeting about Doge

    Don't lose sight of the real world issues please. I get it that we all want to be rich

    That being said, if u guys like shib on its own, good on you. But don't go praising this man

    EDIT: should be SHIBA in the title

    submitted by /u/normysWH
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    Journalism nowadays is a joke.

    Posted: 01 Nov 2021 03:52 AM PDT

    I've said it before, Im gonna say it again - you people, working as journalists need to get your shit together.
    I didn't invest in this Squid game scam but many people did and did lose their money.
    Some were plain stupid, some were just new and got baited by the BBC article.
    Truth is journalism nowadays is such a pay-per-click horror story that journalist are rushing to post an article as quickly as possible without even doing a simple fact check, which is just ridiculous!

    Do you remember the Walmart - Litecoin fiasco?
    It was the exact same thing!
    Some journalist didn't do a fact check, posted an article, some more quickly copied this article and posted it on their news websites and twitter accounts, resulting in Litecoin pumping enormously just to free fall crashing down shortly after.
    Just because some guy didn't do his job and basically misled to people because he was in a hurry.
    Same goes with other crypto related articles. We say we don't know shit about fuck, but that's just price talk. Most of the Journalists have close to zero understanding of crypto and sadly are the most vocal people on the internet.

    ''Do your own research'', but please keep cautious when reading articles from popular news websites.

    submitted by /u/Spreizbacken
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    Quick LTO Update

    Posted: 01 Nov 2021 02:38 AM PDT

    Hi everybody,

    I just wanted to update you all on our favorite stable coin named LTO. /s

    -Today (in about 30min) LTO will be tradable on Kucoin, this will make it a lot easier and cheaper for our overseas friends (USA) to buy LTO.

    -Today will also be the day that the biggest mainnet update yet named "COBALT" will go live, this update will turn the B2B focused network a little bit towards B2C by adding DID ( decentralized identifiers), NFT 2.0, trust network, and new supported crypto algorithms.

    -Last week LTO also signed a deal with a (for now unknown) casino to implement the DID solutions.

    See y'all till the next update because there is a lot more in the pipeline!

    Edit: https://twitter.com/kucoincom/status/1455112773541634058?s=20 if you want to win free LTO!

    submitted by /u/HerpTheDerp62
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    Vitalik Buterin Proposes "Crypto Cities" Days After Facebook's Meta Reveal

    Posted: 01 Nov 2021 03:04 AM PDT

    A lot of y'all need to practice compassion.

    Posted: 31 Oct 2021 10:43 PM PDT

    I can imagine how frustrating it must be to watch all these new people flood into your space, into a world you've been working hard in and building, some of you for years.

    Over and over I keep seeing comments and posts deriding the people investing in meme coins, not reading whitepapers, getting scammed, making mistakes. They get called greedy, stupid. There is so much resentment. And then, when someone who is new to crypto comes here and asks a beginner question, they get these vague or sarcastic answers. So how do you expect them to learn?

    I was lured into this crypto stuff myself due to the meme coin that blew up the last couple of weeks. I've spent pretty much 14 hours a day since then reading, learning, googling, absorbing info. There is SO MUCH to learn and it's not accessible or easy! The only reason I've even had the luxury of all that time is that I'm on a disability pension and don't have a 9-5 job to go to.

    If what I've picked up is correct, it will benefit all of you to have crypto become adopted by more people, to become more mainstream. So maybe think about making it a more welcoming space, or teaching those who know less than you. People aren't greedy and stupid - they're overworked, underpaid, aware that the system is rigged against them, and looking for a way out.

    submitted by /u/littleanxiety
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    Tesla website source code shows SHIBA as accepted payment! Hard to believe until you see inside

    Posted: 31 Oct 2021 09:54 PM PDT

    I was browsing for Teslas and looking into how a payment solution is implemented, check out what I found:

    https://preview.redd.it/2btoqiakavw71.png?width=1028&format=png&auto=webp&s=5e7fc2f6b8d64d2f93301a5f69a2be0ad935898e

    https://static-assets-pay.tesla.com/v3/index.f0bf424a4863d160c3a4.js

    Looks like Tesla is planning to accept SHIBA tokens... check it for yourself, look for SHIBA inside that file. Why would Tesla prepare to accept SHIBA, this is real, it can't be fake... This is unbelievable. There is also bitcoin right there, so they are likely planning to accept BTC again...

    submitted by /u/damnsonwhyyoutrippin
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