Cryptocurrency Here it is. The subs most despised coins combined into a single awful folio. This is the folio of hate. How much do you want it to fail? Does it make you angry? |
- Here it is. The subs most despised coins combined into a single awful folio. This is the folio of hate. How much do you want it to fail? Does it make you angry?
- Illegal copies of 'Spider-Man: No Way Home' infected with cryptocurrency mining malware
- Introducing Reddit Community Points Swap - RCPswap Powered by MOOND !
- What coin has been your biggest letdown for this year?
- Thinking of quitting your job to trade crypto because of the gains? Don't.
- I researched about these upcoming Play-to-Earn games, so you don’t have to:
- 84 days has passed since the release of Pandora Papers which unearthed a list of rich and powerful people including the leaders/politicians around the globe hoarding billions of money in unaccountable form and nothing concrete has happened from this finding. Yet they say that crypto is the villain.
- We are the beta run. r/CryptoCurrency are the guinea pigs for social media rewards.
- SEC rejects two spot Bitcoin ETFs proposals, spurns crypto industry again- Fuck the SEC
- Beginners guide to project research. Learn before investing!
- Here's a post that can help you if you're a beginner
- 55% of US bitcoin holders first jumped into crypto this year
- A large number of posts here are being brigaded from buttcoin. If you see "Buttcoin" in a user's flair, they are here to bait and brigade
- People disliking crypto is not proof that "we're still early"
- Best explanation I've seen yet
| Posted: 23 Dec 2021 10:40 PM PST
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| Illegal copies of 'Spider-Man: No Way Home' infected with cryptocurrency mining malware Posted: 23 Dec 2021 06:58 PM PST
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| Introducing Reddit Community Points Swap - RCPswap Powered by MOOND ! Posted: 23 Dec 2021 04:52 PM PST
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| What coin has been your biggest letdown for this year? Posted: 23 Dec 2021 11:49 PM PST As 2021 is coming to an end, what coin or coins have been a total let down for you? Everyone is asking what are your go to coin in 2022 but I want to know the coin that you have invested in but has been a disappointment. Speaking for myself I would have to say ADA. Fantastic project all round, the $3 all time high, the hype around the Alonzo launch but in the end (for now), the price and the dapps are not that convincing. Annnnd I didn't take any profits when it hit $3 so that one is on me. What about you guys? [link] [comments] | ||
| Thinking of quitting your job to trade crypto because of the gains? Don't. Posted: 23 Dec 2021 11:03 PM PST I think it's about time to post something like this since we are seeing green again nowadays. If you're thinking of quitting your job to trade crypto since you were successful and gaining day by day because of your decisions (buy/sell whatever), then please clear your mind, it could just be adrenaline, oxytocin, dopamine, or whatever hormone your body is generating for now. Don't leave your stable jobs, you may see successful traders out there but it takes dedication and a little luck to be a full time trader. Or at the very least test your strategy first, put it in a trial during both a bull and a bear market. Yes, you might be earning something around 10% or more everyday by what you are currently doing, but what if bear market hits and instead of earning you are losing value day by day, and you got no regular source of income to support your daily needs, are you gonna sell your crypto? If you really want to change careers then at least stock up savings of at least 6-12 months of your spendings so you won't need to worry about tomorrow if all else fails. I have friends who actually quit trading and became successfully, but I think it's as rare as people dropping out of harvard and ending up as a ceo of multi billion company. At the end of the day it's your life, your decisions, I suggest your rub one out before making any life changing decisions, post nut clarity is a thing. During the January-April I was swimming in gains and my father asked me if I'm gonna quit my job to trade crypto. I'm like nahh, then May came. Sometimes it pays off being a scaredy cat. [link] [comments] | ||
| I researched about these upcoming Play-to-Earn games, so you don’t have to: Posted: 24 Dec 2021 04:19 AM PST Before anyone goes reeeeeeeeeeeeeee, I must point out that many of these Gamefi tokens are under development and. This article will mention these games for a variety of reasons, from good earning opportunities to interesting investments, all the way down to the simple fact that 'this game looks dope as f***'. In addition, I of course want to highlight a variety of upcoming games, so I won't be repeating Axie Infinity, Alien Worlds, Sorare, Crypto Royale(on my pinned bar) which are here every month. Mobox: MoMoVerse – formerly DeFi, now becoming GameFi Market Cap : $500 Million Went live: April , 2021 Exchanges: Binance, Bitget, Gate.io, HitBTC, and ZT On December 6th, Mobox will launch the first phase of the Mobox MoMoverse. Through a daily quest system with play-to-earn mechanics, Mobox NFTs become avatars for daily quests. Alpha players will be able to test MoMoWorld and receive MBOX rewards. In addition to an NFT marketplace, the official version will be launched once the open Alpha is completed. One of the GameFi products on the market that has consistently built and grown its ecosystem since its launch in April is this one. You shouldn't expect anything like an MMO just yet, but it seems like everybody's creating virtual worlds nowadays. KXA –Kryxivia Bring Fantasy Play-to-earn MMORPG GameFi to the next level Market Cap : $2 Million Went live: December , 2021 Exchanges: PancakeSwap (V2), MEXC, Decoin, and BakerySwap kryxivia.io is a fantasy play-to-earn 3D MMORPG that can be played directly in any modern browser. By playing Kryxivia, you can earn Crypto-Currency and unique NFT, build your own character, fight bosses in dungeons, stake your currency in the bank, loot from special items, and cast spells from magical gems known as Kryxit, which may be linked to items for accessibility. As it is in its early stages, you can also stake your kryxivia to get unique NFTs and participate in the closed beta test. Doctor Who: Worlds Apart – First playable version coming before the end of the year Reality Gaming Group and BBC Studios have not yet announced a launch date for Doctor Who: Worlds Apart, but the first playable test version will launch this month. To participate, you'll need a Founder Token. This month, the team plans to hold a new sale for Founder Tokens, but no details have been released. The Sandbox – An open alpha for all, and play-to-earn for some Market Cap : $5 Billion Went live: March 2021 Exchanges: Binance, OKEx, CoinTiger, FTX Anyone who owns an Alpha Pass NFT has access to The Sandbox's play-to-earn segment. It's finally time for players to dive into an early version of what The Sandbox will be. The majority of players will not have access to the earning mechanics, but they will get a taste of what The Sandbox will be like when it's complete. You should give this one a try if you're into play-to-earn gaming. World of Sipheria – SIPHER is coming, NFTs are here, but no game yet We expect to hear a lot more about the World of Sipheria next year. For now the availability of two NFT collections will have to do. Each of the characters in these collections will become playable characters in the full game. On December 6th the team will have a public token sale on their website, so be sure to check that out if you want to be early. NFT in a VR environment enables a real-world experience with creativity & expression, facilitates socialization and the acceptance of feelings. MEGA - MegaCryptoPolis- A mega project indeeeeeed! Market Cap : $14 Million (Fully Diluted) Went live: early 2018 (Yes you read that Live) Exchanges: Binance, OKEx, CoinTiger, FTX A multi-blockchain city building strategy game that allows players from all over the world to collectively create a unique mega city. MegaCryptoPolis assets are cryptographically unique ERC-721 tokens that are stored in a player's wallet. Smart contracts run the entire game logic, with each action resulting in a verified transaction on the blockchain. In MegaCryptoPolis 3D, players can rent buildings, produce materials that are needed by other buildings, create new generations of citizens, offer services to other players, place ads, and drive cars. [link] [comments] | ||
| Posted: 24 Dec 2021 04:09 AM PST For all the uninitiated around The Pandora Papers: "The Pandora Papers is an investigation into the shadowy offshore financial system that reveals the workings of a secret economy that benefits the wealthy and well-connected at the expense of everyone else. The "papers" consists of more than 11.9 million confidential records obtained by the International Consortium of Investigative Journalists that form the backbone of the investigation." More than 600 journalists from 150 news outlets has unearthed offshore dealings of 35 current and former world leaders and more than 300 other current and former public officials and politicians around the world. Few of the named individuals are: Emirati Royal Family, King of Jordan, President of Gabon, PM of Lebanon, President of Kenya, Russian Government Inner Circle, Sachin Tendulkar (cricket goat), Shakira, Ringo Starr, Claudia Schiffer, Julio Iglesias and so on.. (Source: https://www.icij.org/investigations/pandora-papers/power-players/) And yet... Nothing has happened. The immediate response of the officials and politicians across the globe has been to denounce this finding and restrict the journalism so nothing else gets uncovered. "Immediately after the blockbuster exposé was published, officials around the world responded with crackdowns, fiery denials and denouncements, and personal attacks." And as a part of their efforts on maintaining this control on the world economy, and keeping the corrupted state of the world enabled- they are coming to get crypto. They realize the potential that crypto holds in restricting their control and power as it enables transparency through decentralization. It establishes rule inequality- that a protocol is a protocol and that you have to comply with the rules no matter your stature. DAO, Defi, Dex, Dapps are the future which they are so desperately trying to resist in order to postpone its destined arrival. And so when we push anything which is centralized in its core nature and hope for it to get widely adopted, we are working for them- those rotten, corrupt rich who are a part of massive cartel looking for any opportunity which could help them horde this power that they are very well accustomed to. Let's hope that with new year, we work on the issues rampant in the current state of our world- glorified under this biggest ever investigative piece- and progress towards a better and more decentralized world. [link] [comments] | ||
| We are the beta run. r/CryptoCurrency are the guinea pigs for social media rewards. Posted: 23 Dec 2021 08:40 PM PST We are just the beginning.. I have personally been saying Crypto & NFT's will pick up more traction due to companies forcing them into our pockets to a certain degree: One example is how Garbage Pail Kids mixed NFT pack claim cards into physical card packs, which is how i personally received my first nft's and became involved. Another example is how BK was giving away free crypto with a purchase over 5 dollars with your Burger King Account per day. My prediction: The most popular form of this will come in community points similar to our own. Whether it spans across Reddit alone or spills into other platforms, this is how crypto will actually reach the average person and get them invested in the future of said coin/community/service. Picture it similar to how Youtubers are paid per ad yada yada, all of a sudden people will seem much more incentivized to interact and / or support the coin. This is our traction. How would people know you have the best ice cream shop if you dont give them some free samples? [link] [comments] | ||
| SEC rejects two spot Bitcoin ETFs proposals, spurns crypto industry again- Fuck the SEC Posted: 23 Dec 2021 09:35 PM PST
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| Beginners guide to project research. Learn before investing! Posted: 24 Dec 2021 02:43 AM PST Many people on this sub shill their projects and truly believe the projects they follow are superior to others. In reality less than 2% actually understand the tech and invest purely based on hype. My attempt in this post is to give a starting point for beginners to research the projects and understand what they are investing in. Hopefully, this post will allow you to compare various projects and compare apples to apples. Since this is targeted for beginners, I'm going to keep the explanations high level and not go too technical. Project categories: Major themes that are currently trending are:
You will find various projects trying to find innovative solutions in each of these categories but my focus for this post will be projects that are focussing majorly on DeFi. Traditional Centralised Finance (CeFi) is estimated to be $400 Trillion while Decentralised Finance (DeFi) is estimated to be $200 Billion. That means DeFi has captured 0.05% of the traditional finance currently and even if we capture 10% of the CeFi, it's a huge upside from current valuations. So, my focus will be on understanding what infrastructure is needed if DeFi were to capture at least 10% of traditional finance. Terminology and key areas to research: Decentralization: The ability to allow anyone to run a node and participate in the network consensus. More people running nodes will make the network more decentralised. Usually node runners are incentivised to encourage participation. Security: Usually refers to network security such as preventing double spends or liveness break but can also be extended to dApps running on the network. I would like to look at how easy it is to develop secure dApps on the network. Scalability: Refers to both throughput and state management. Throughput is measured as transactions per second(TPS). State refers to the data that is stored on the ledger. State grows with every transaction as nothing ever gets deleted on a blockchain. Composability: The ability to compose multiple unrelated dApps to perform a single transaction. Composability is unique to DeFi and one of the magical features that can make the DeFi space grow exponentially. Sharding: Technique used to split the blockchain into multiple shards to achieve scalability. zkRollup: Zero Knowledge rollup is used for layer 2 scaling solutions mostly for ethereum. Transactions are carried on layer 2 and a proof (SNARK) is stored on layer 1. DLT: Distributed Ledger Technology is a term used to describe ledgers that are distributed across multiple computers. Blockchains, DAGs etc are distributed ledgers. Consensus: Ability for various nodes in the distributed network to agree that the transaction is correct and should be written to the Blockchain/Distributed Ledger. Finality: Time taken to confirm the transaction on the Blockchain/Distributed Ledger. Higher finality leads to higher latency. Eg: Payment solutions may require lower finality. Minimum Requirements: With the terminology out of the way, what are the minimum requirements of a network to support the demand if it were to capture at least 10% of the global traditional finance and remain secure? What questions you should ask when researching your project?
Another key factor is not having a TPS limit by design. Most projects have a TPS limit by design and feel they are better than ETH. While they may be working fine under current demand, if you have a limit you will eventually hit that limit one day. According to me the network should scale as per demand without any TPS limits by design. With DeFi capturing just 0.05% of CeFi, Ethereum is brought to its knees so any network that doesn't support unlimited scalability by design will falter when we are talking about capturing 10% or more of CeFi. If you see a number against TPS, you can avoid it or play it for short term. This post has become too long and I'll consider posting a Part II based on the comments. To summarize, check the project that you are researching supports unlimited scalability by design without compromising on decentralization or security or composability. You may be surprised that the network that is going to change the world is either still under development or is yet to cut the first line of code. We are too early to fight which of the current projects is superior. If one has an open mind, you can find those hidden gems! [link] [comments] | ||
| Here's a post that can help you if you're a beginner Posted: 24 Dec 2021 04:03 AM PST
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| 55% of US bitcoin holders first jumped into crypto this year Posted: 24 Dec 2021 01:28 AM PST
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| Posted: 23 Dec 2021 10:51 PM PST
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| People disliking crypto is not proof that "we're still early" Posted: 24 Dec 2021 01:23 AM PST It's happening again and again. People somewhere - on other subs, in the media, in public, in stories posters have made up to be able to say "we're still early" - say something negative about crypto. Just in the past few weeks, people have taken gamers heavily disliking NFT integration in Ubisoft games and soccer fans disliking crypto as proof that we definitely are very early. In some cases - for example with most of these soccer fans on Reddit - they don't even really say anything negative about crypto. They disliked how "Crypto subs turn into MLM's/Hybrid ponzis. They use all the same language as well talking about investing in [garbage] as being part of a community/army/team" and how crypto people can be really annoying - yeah, hard to argue against that. In other cases people voice legitimate critizism and dislike how they are immediately shouted down by crypto bros who classify everything negative about crypto as FUD. And yeah, some people just dislike crypto. Maybe some even dislike it because they misunderstand some aspect. You know what? That's also not proof we're early. So many people dislike smartphones. Social networks, Hell, even the internet. Cars! Are we early to these things? People have so many misconceptions about the internet, even though by now it's been around for decades. What about other financial products - do you really think most people like or even understand stocks? I heavily doubt that - and they've been around for centuries. We don't, and can't, know whether we're early, all we know that we are not really early, we're way too mainstream already, obviously. Are we somewhat early, are we late? No idea, let's hope for the former. But: I know many of you are reeeeally passionate about crypto, I really like it a lot as well. But not everyone is like you, and even if you can't understand that, not everyone will like crypto, even if they have a perfect understanding of it. So no, if you see someone disliking crypto that's definitely not a sign of us being early. [link] [comments] | ||
| Best explanation I've seen yet Posted: 24 Dec 2021 12:14 AM PST
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