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    Home Unlabelled Crypto Currency Markets Weekly Discussion Megathread - January 30, 2022 (GMT+0)

    Crypto Currency Markets Weekly Discussion Megathread - January 30, 2022 (GMT+0)

    January 30, 2022

    Crypto Currency Markets Weekly Discussion Megathread - January 30, 2022 (GMT+0)

    Weekly Discussion Megathread - January 30, 2022 (GMT+0)

    Posted: 30 Jan 2022 06:00 AM PST

    Welcome to the r/CryptoMarkets Weekly Discussion thread. The thread guidelines are as follows:

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    Thank you in advance for your participation. Enjoy!

    submitted by /u/AutoModerator
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    When your markets can’t take you to the moon right now, there’s always the other moon to go to.

    Posted: 30 Jan 2022 05:43 AM PST

    By the end of 2021, many gaming developers in the U.S. and the U.K. were considering adding play-to-earn models and integrating with the blockchain. Decentralized gaming platforms prioritized the player—not the publishing agent or company

    Posted: 30 Jan 2022 12:20 AM PST

    First year in crypto and buying shit coins like bonfire and hodl token resulted in this!

    Posted: 30 Jan 2022 12:48 AM PST

    Bloomberg Intelligence Analyst; BTC and ETH Are in the Early Adoption Days

    Posted: 30 Jan 2022 05:04 AM PST

    The cute little dogo is not for sale.

    Posted: 30 Jan 2022 04:57 AM PST

    Users in Nigeria Demand Binance to “Stop Scamming”

    Posted: 29 Jan 2022 11:33 PM PST

    Visa Claims Crypto-Linked Card Usage Totalled $2.5 Billion in the First Quarter

    Posted: 30 Jan 2022 12:18 AM PST

    Blockchain and Cryptocurrency is ‘Here to Stay’ says the CEO of Bank of Sharjah

    Posted: 30 Jan 2022 02:33 AM PST

    Bitcoin On-Chain Analysis 21-28 January 2022

    Posted: 30 Jan 2022 06:18 AM PST

    "Got 2 NFT’s I’m giving out to 2 random follower’s from this tweet." Do they really give out the nfts?

    Posted: 30 Jan 2022 05:10 AM PST

    If you are active on Twitter, you must have come across folks claiming that they want to give out NFTs to those that follow them. Usually, we see things like, "Got 2 NFT's I'm giving out to 2 random follower's from this tweet." You must see something like the above more than ten times daily on Twitter. It has become a pandemic. We all know that if you have a valuable NFTs such as BAYC NFT or even Anime NFT from Goku, you won't give them out to anyone. Scratch that, people do not even give out worthless NFTs because they believe that they will increase in the future.

    Do they really give out the NFTs? I feel that it is a trick used by them to get followers from Twitter. I have seen people grow their followers to thousands overnight via this method.

    submitted by /u/mavcorner
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    Binance restricts Nigerian crypto accounts on security concern

    Posted: 30 Jan 2022 06:05 AM PST

    How Diversified is your wallet and why?

    Posted: 30 Jan 2022 07:40 AM PST

    Hello all,

    In these times everyone looks at their wallet and sees nothing but red. But I wonder, how many of the coins in your wallet do you really back with confidence?

    Are you banking on 3 or 4 coins and putting your full trust in those projects? Or are you the type to buy 50 low cap coins in the hope 1 of them 100x your money? Perhaps all you buy is BTC and ETH.

    To start, I usually have around ~ 10 - 15 coins in my wallet at any given time. They are:

    RUNE VET DOT FTM LINK MATIC XLM ATOM ADA LRC ALGO HBAR ONE MANA SAND

    Why are you pro/anti diversification?

    submitted by /u/ManunitedRedDevil
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    JunoSwap goes live tomorrow

    Posted: 30 Jan 2022 06:23 AM PST

    Just want to share a bit about the most exciting thing to me coming to my fav / most bullish ecosystem right now. JunoSwap is a new dex built entirely on Juno, a layer 1 smart contracts platform for Cosmos. You can already make LPs on JunoSwap, and incentives go live this month. They are releasing a token in February called RAW amongst Juno stakers and LP users in the Cosmos community, and this new token is going to be used for governance and incentives on JunoSwap. Juno is still low MC, and there's many LP users on Osmosis already, so incentives upon release are likely to be substantial. Still a very early and exciting time to get involved with Juno as there are many new projects in the works due to come out this year. The community is pure grassroots and deeply engaged, with something like 40% of Juno in circulation staked / bonded. Great tech, community engagement, and early opportunity to invest.

    Excuse the post title; Should say "JunoSwap incentives go live in February".

    submitted by /u/HoorayForWaffles
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    Kenya’s Central Bank Governor Says Stance Against Crypto Unchanged

    Posted: 30 Jan 2022 05:58 AM PST

    Decentralization for blockchain development?

    Posted: 30 Jan 2022 08:22 AM PST

    "The blockchain is born with the economic idea of decentralization, which enables a new way of handling digital money. At this point of the circumstance people who know the crypto world already know the advantages and disadvantages that the blockchain offers.

    The projects that have emerged after the first version of blockchain, have helped to solve several problems that the previous blockchain has had.

    Protocols like DIG are betting everything on blockchain development and innovation, studying startups to finance those with the greatest potential with decentralized money.

    Reddit, is it necessary to fund startups to get the most out of them?"

    submitted by /u/That_Recognition_976
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    Overdraft fees hit another record high this year—here's how to avoid them

    Posted: 30 Jan 2022 04:32 AM PST

    Google Cloud has Announced the Formation of a Blockchain-Specific Team

    Posted: 29 Jan 2022 11:28 PM PST

    Meta goes to Brazil to trademark Bitcoin and crypto services

    Posted: 29 Jan 2022 10:29 PM PST

    Can you really HODL on an exchange?

    Posted: 30 Jan 2022 07:59 AM PST

    It's common wisdom to never hold your money on an exchange. And instead withdraw it and hold it in personal wallets. This makes sense as exchanges used to be laggy, slow and vulnerable. Random hacks would render funds unusable or stolen, and many people lost their money this way, with no way to get it back.

    This is why it is common wisdom to never trust an exchange, and only hold your keys to your wallet without no third parties. This is people who hold on exchanges are looked down upon in the community. But the times have changed and things are not how they used to be. Is it?

    Exchanges are much more secure, and less vulnerable to hacks and cracks. Fraud is at an all-time low and no one is losing their money without their power. No one is losing money like that out there, right?

    Wrong.

    Fraud is at an all-time high. Hacks are frequent, and many massive exchanges still experience this. Look at what happened on crypto.com or those who have ledger cold wallets. We are not beyond this point yet, and this is why you should be wary.

    This is why you need to pay close attention who you trust, and what exchange you use. This is why you need a better exchange that does not operate on trust and power. But unbreakable systems.

    Systems decentralized which are rarely seen except in small exchanges like Werewolf exchange. Systems that are open and unbreakable, yet secure and trustable.

    Remember this is your money we are talking about. This is the power these systems hold. Be careful who you hand it to.

    submitted by /u/jesusvsaquaman
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    NFT marketplaces for Brands

    Posted: 30 Jan 2022 02:52 AM PST

    "Non-Fungible Tokens (NFT's) have garnered quite the fanfare in recent years.

    Some of them have been sold for millions of dollars to the bewilderment of many. \ To be able to clearly understand what they are, one must first know what it means for an asset to be fungible. A fungible asset is something with units that can be readily interchanged e.g.,

    you can swap a $10 note for two $5 notes, and it will have the same value. Assets are said to be non-fungible when are unique in nature and hence can't be interchanged with something else. Therefore, NFTs are unique digital assets that can be bought and sold but which have no tangible form of their own. The uniqueness of NFT's is brought about by tokenization.

    This is a process of creating a digital certificate of ownership of an asset. It is this digital certificate that can be bought and sold. While most people find the whole concept behind NFT's bizarre, they have regardless become a lucrative asset.

    Brands, artists, artistes, and regular people (lol) can take advantage of this opportunity to make serious earnings.

    Some blockchain platforms offer the required infrastructure for brands to be able to establish NFT marketplaces either in the physical or virtual world. A good mention here is suku.world."

    submitted by /u/Fair_Savings7875
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    Does the Fed Reserve hate stablecoins?.

    Posted: 30 Jan 2022 06:04 AM PST

    What do you think about them hating Tether, USDC etc in their recent interviews?.

    When people use stablecoins to buy crypto currencies, they do so using USD stablecoins, that creates a bigger demand for the Dollar since most of the trades in crypto is done in Dollars.

    So the talk of the Fed Reserve hating stablecoins because "they can't regulate it" is fake news, they love it.

    submitted by /u/Heisenberg_USA
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    Key highlights from the Glitch Leadership team

    Posted: 30 Jan 2022 12:58 AM PST

    15 hours are left from MetaChess $PAWN tokens Giveaway!

    Posted: 30 Jan 2022 04:44 AM PST
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