Cryptocurrency The scammer who received the single largest payment of 26BTC has received a total of 87BTC. |
- The scammer who received the single largest payment of 26BTC has received a total of 87BTC.
- "When Bitcoin goes to 10K, I'll go all in", and other lies you tell yourself
- As statistically most of you out there have portfolios in the red right now here's a list of less embarrassing reasons to tell people instead of saying you lost it on crypto
- Priceless NFT Artwork Vandalized With Spray Paint Tool
- $1k into the Top 10 Cryptos on January 1st, 2019 (THREE YEAR REPORT) +504%
- 4,600 ETH Worth $14.6M Reportedly Stolen From CryptoCom, Money Laundered via TornadoCash
- Business Insider a few months ago: “Bitcoin price to $100k”. Business Insider now: “Bitcoin's slump could be the start of a crypto winter”
- My thoughts about the current state of blockchain gaming.
- No, Business Insider didn't "change their prediction" - you cannot both complain about "biased media reporting" on crypto and when a medium reports in an unbiased fashion
- Cardano (ADA) presents a get example of learning to dial in expectations. There really is ground between dead and to the moon.
- Cardano Regains 5th Spot From Solana After 37% Rise In 7 Days, Main Reasons Of ADA Price Increase
- Crypto.com Restores Withdrawals After Reportedly Losing $15m To Hackers
- Influencers could face £250,000 fines in Spain for cryptocurrency ads
- Warning: If you have used Multichain bridge, funds IN YOUR WALLET are at risk. Someone is exploiting it right now. You need to revoke access immediately
- Influencers who are Paid to Promote Scam-/Shitcoins deserve to be Sued by Victims, They profited of their Audience being Scammed
- Part of the success of memecoins is that their communities are stronger than the majority of other communities on this market
- Bitcoin May Soon Wake From Slumber, Derivatives Data Indicate
- How Silk Road Impacted Bitcoin
| The scammer who received the single largest payment of 26BTC has received a total of 87BTC. Posted: 18 Jan 2022 05:43 AM PST
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| "When Bitcoin goes to 10K, I'll go all in", and other lies you tell yourself Posted: 18 Jan 2022 02:26 AM PST I've seen it many times: Bitcoin is at 60K, people say: I wish I could buy at 40K! Then it goes to 40K and they say: Oh it's going to 30K. When it goes to 30K, I'll go all in! Then it reaches 30K and they hope for 10K. The opposite also happens, with people saying: When Bitcoin reaches 50K, I'll take profits. Then it reaches 50K and you wait for 60K to take profits. Then 70K. The thing is, Bitcoin has been at or below 10K for a decade, why didn't you go all in then? Maybe 40K is the lowest we ever go, who knows. But if you wanted to buy at 40K when we were at 60K, then buy at 40K. Many people say: When we get a bear market, then I'll buy! But it's kinda like: When it's 2023, then I'll start losing weight! I know there are exceptions and I know some people are very disciplined in their crypto goals. I know 100 people are going to reply to this: "Just DCA and HODL". Yes, that's fine, as long as you continue doing that during the bear market, and don't capitulate then. So if you were hoping for 40K when we were at 60K, don't hope for 20K now, then you'll never buy. [link] [comments] | ||
| Posted: 18 Jan 2022 03:31 AM PST
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| Priceless NFT Artwork Vandalized With Spray Paint Tool Posted: 17 Jan 2022 10:03 PM PST
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| $1k into the Top 10 Cryptos on January 1st, 2019 (THREE YEAR REPORT) +504% Posted: 18 Jan 2022 04:35 AM PST
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| 4,600 ETH Worth $14.6M Reportedly Stolen From CryptoCom, Money Laundered via TornadoCash Posted: 18 Jan 2022 02:17 AM PST
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| Posted: 18 Jan 2022 02:42 AM PST We all know nobody knows shit about fuck, but there are levels to this. I just came across this Business Insider article: Bitcoin's slump could be the start of a 'crypto winter' that sees prices crash Waaaittt a minute. A few months ago, Business Insider had dozens of articles written by journalists and analysts claiming that Bitcoin was going to $100k. What happened to those predictions? These are no ordinary people doing some woo-woo. These are so-called experts, analysts, researchers or strategists. (You might argue that they are ordinary people doing some woo-woo, since they're wrong 9 out of 10 times, lol.) Just have a look at the Business Insider headlines a few months ago: Bitcoin just surpassed all-time-highs, soaring above $66,000. A chief market strategist lays out why $100,000 is the next stop. Bitcoin to $100,000, ether to $5,000: Famed investment strategist Lyn Alden explains her bullish predictions Bitcoin could soar to $100,000 by the end of next year as demand rapidly exceeds supply, a crypto investor says Bitcoin to peak at $100,000 Here's how bitcoin could chart a path to $100,000 — and how ether could reach $4,000 again I don't care about price predictions, but it is fascinating how "solid analysis" can change in just a few months time. A gentle reminder to not give a fuck about what so-called experts are saying. It's hard to predict things in an irrational market. [link] [comments] | ||
| My thoughts about the current state of blockchain gaming. Posted: 18 Jan 2022 01:44 AM PST I was reading an article about another blockchain game. And I was thinking about the current state of blockchain games. getting crypto from doing things I enjoy would be fine, but we don't want to change why we play video games for fun. I think blockchain gaming is a great idea and beneficial for those that make money, but a lot of people don't play games to make money. It's all about having a good time. This, I believe, is what most blockchain game devs are now unaware of. As a gamer, I believe the game should be fun first, with tokenomics as a later consideration - but blockchain games are currently handling things the wrong way. A game created on the primary purpose of play-to-earn will necessarily be a shitty game, because it will feature grindy bullshit at its core rather than good gameplay. I mean I love some good MMORPGS as a person who enjoys them and as a member of a generation that used to grind a lot. Grinding is acceptable for me as long as the game is good. I'm sure there is a place for blockchain technology in gaming and some of it will almost certainly be great. Instead of trying to come up with a horrible play-to-earn or pay to win grind that will be terrible, I want a studio to make a terrific game with some blockchain integration. Perhaps this will encourage game developers to abandon the pay-to-win approach. [link] [comments] | ||
| Posted: 18 Jan 2022 04:39 AM PST Sometimes you people are absurd. Right now, there's a post climbing to the top of "hot", titled
The OP read an article that talked about the possibility of a bear market and got really mad. That article is called
,emphasis by me (also in the following headlines). It reports on analyses by "analysts at investment bank UBS" and gives potential reasons why a bear market could be ahead. They make very clear that this is not their prediction, even in the headline. They report on stuff, they don't predict stuff. Okay, so OPs criticism is that BI is too negative on crypto? Nope, he critizices that "they changed their predictions" and presents some articles from a few months ago, like
for some of them he even fakes the headlines so they seem worse than they are: he altered
to
so he could make it seem like a prediction by Business Insider. And you know what's the worst? He cherry-picked the current article. There were articles presenting bullish opinions by analysts 11 days and 3 days ago. And if you really need me to, I'll find you a few bearish articles from a few months ago. "Their analysis" didn't change, they never had one. They present multiple opinions and predictions to their audience and hope it's intelligent enough to make up their own opinion. Well, I guess not all of them are. tl;dr: you always complain that the media is so biased and one-sided - but if one medium presents multiple opinions and possible scenarios across the spectrum you don't like it either. make up your mind. [link] [comments] | ||
| Posted: 17 Jan 2022 11:50 PM PST A fair few posts either talk up a project like it's going to be cool to tattoo it on your ass in a few days or talk it down that it's worse then cancer. It's pretty much why the saying "Buy the rumour, sell the news" exists. As people don't know how to dial in expectations to make a fair price judgement. You need to be realistic with the news, basically see through the hype with your own research. Ask the fundamental questions, and not just leave it to following the crowd. Cardano Smart Contracts Example The news was painting it as "this is it, see the explosion of a new dApp ecosystem". Whereas if you stepped back and realised for that to happen you'd need heaps of independent projects all tested and ready to go off testnet to mainnet.....which definitely was not the case. There was no Plutus Application Backend ready, which without kinda prevents dApps developing. If you did some research you'd of discovered that as Cardano didn't make it a secret. Even googling a few of the annouced dApps would of shown it. The price climbed, people bought into the hype. Smart Contracts arrived and reality hit, price dropped way back. People who blindly followed the hype were pissed, just take a look at the posts on here from then. Well that's just hindsight? Maybe, but take what's happening now. Sundaeswap is releasing their Dex (in beta but some news sites leave that part off) in a few days on the 20th Jan. ADA has been climbing in price with hype building of "this is it, see the explosion of a new dApp ecosystem". However if you have been just doing a little research, you'll understand that Sundaeswap has said: Even with all these factors in play, due to staggering levels of demand and excitement from our community, we expect a large backlog on mainnet as well — even under our most optimistic predictions. To be as transparent as we can, we want to inform you all that while orders (including swapping, providing liquidity andwithdrawing liquidity) may take days to process https://sundaeswap.finance/posts/expectations-congestion-mainnet-launch Which among other reasons is because the Cardano blockchain is only slowly being dialled up in performance. Measure twice and cut once approach. They had this to say about a recent 12.5% increase in performance: We are taking a steady, methodical approach to changes in Cardano's parameterization. A 12.5% increase is sizable, but not too big. It leaves room for further expansion, and allows stake pool operators (SPOs) to adjust to the increased demands. What's it all mean? Really what it spells out is that people who don't keep up with things, which is a large percentage, will buy in on the ADA price rise thinking this Dex will be bangin' on day 1. Then they see the Dex come out only to be extremely slow initially. No doubt you'll see a bunch of posts basically calling it a complete failure as the ADA price dips on the perceived bad news. You can apply this to all project updates, ADA is just a very clean example. With both the project and the blockchain Dev making no secret of what is to come. If you dialled in your expectations You still need to make a fundamental call on the price of the project. Even with all the hype you may still see it as a buy opportunity. If you judge the majority of people have hyped a coming release, feature or update then you can take advantage of the now expected dip when people wake up to reality and sell. Research pays off, and hopefully you get to count your fat stacks you beautiful SOB. [link] [comments] | ||
| Cardano Regains 5th Spot From Solana After 37% Rise In 7 Days, Main Reasons Of ADA Price Increase Posted: 18 Jan 2022 01:22 AM PST
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| Crypto.com Restores Withdrawals After Reportedly Losing $15m To Hackers Posted: 18 Jan 2022 01:27 AM PST
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| Influencers could face £250,000 fines in Spain for cryptocurrency ads Posted: 18 Jan 2022 05:05 AM PST
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| Posted: 18 Jan 2022 12:57 AM PST
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| Posted: 18 Jan 2022 06:21 AM PST Influencers who are paid to promote Scam-/Shitcoins to their audience on Twitter or Instagram deserve to be sued by victims of these rugpulls/ pump and dumps. Influencers like Kim Kardashian have promoted Shitcoins like EthereumMax (has nothing to do with the actual Ethereum), which dumped hard following the promotion by said influencers, making random, often young, people, lose all their money. Might be more of a controversial opinion, but: They deserve to be sued by every single victim of the scams they promoted, Shitcoins like EthereumMax never had a future, influencers just did a short cash grab, which in reality is funded by the people being scammed after their promotion, making them profit of people losing money [link] [comments] | ||
| Posted: 18 Jan 2022 05:51 AM PST It's very interesting to see especially considering that memecoins have no technology to rally people behind and expect potential for the future. These communities are GREAT at generating hype though which is a great took especially in this market. We all saw the meteoric rise of coins like DOGE and SHIB and most recently ELON with a 100x and it's still going at it hard. If this doesn't prove that communities hold so much power over projects then I don't know what does. It's to the point where communities hold even more power than devs. Projects should focus a lot on their communities cause of that. [link] [comments] | ||
| Bitcoin May Soon Wake From Slumber, Derivatives Data Indicate Posted: 18 Jan 2022 04:00 AM PST
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| How Silk Road Impacted Bitcoin Posted: 17 Jan 2022 11:17 PM PST I'm curious to know this sub's point of view on how the Silk Road marketplace affected Bitcoin as we know it. While the dark web marketplace was essentially shut down years ago, I feel as though the current state of crypto would be different had the marketplace never existed. I understand that Silk Road's goals were far more than just gaining exposure for cryptocurrencies, but it did open a lot of people's eyes up on the potential that cryptocurrencies offer. With nearly 1 Million buyers and consumers interacting with the market place at one point, it would be silly to say that this didn't bring massive exposure and utility to the new form of currency. That being said, where do you think Bitcoin and other forms of crypto would be today without Silk Road? The way I see it, there's 3 main takes on the impact:
Coming from somebody who got into crypto long after Silk Road's days had come to an end, I'm very interested to hear some of this sub's responses. Cheers friends. [link] [comments] |
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