Cryptocurrency Check out the weekly we r/cc podcast and monthly NFT roundup show this weekend on Reddit talk |
- Check out the weekly we r/cc podcast and monthly NFT roundup show this weekend on Reddit talk
- Daily Discussion - February 26, 2022 (GMT+0)
- A whale just made a $3m crypto donation to a Ukrainian Charity
- If you’re looking for a 100x here then you’re searching in the wrong place. Once you’ve read about it here, your 100x is long gone.
- You can’t cry for decentralization and then cry that Russia is leaning on crypto to bypass sanctions.
- An NFTs game project Pixelmon raised over $70 Million at 3 ETH per mint just to reveal NFTs that look like they were designed by a 5 year old. Currently it's trending on Twitter hashtag "3 ETH"
- One of the top posts on this sub is about FTX giving $25 of 'free' Crypto to Ukrainians. It's a cynical PR move and doesn't deserve the publicity it has received. Why? Because the minimum FTX withdrawl limit is $100 and they're not planning on changing it... yet.
- I saw a post before claiming that from the 2017 bull run "only 10 or so coins have surpassed their previous all-time-highs". That didn't sound right, so I analyzed the data.
- Famous porn star compares her NFT scam to Russia invading Ukraine
- Litecoin will soon have smart contracts and optional privacy. This is BULLISH
- (No) Evidence that Charles was involved in front-running SundaeSwap, part III spoiler alert OP was wrong, this happens when you want something to be true, so you take anything as a proof.
- Sometimes HODLing is not the answer. What if had actually sold back at 60k instead of HODLing to 35k?
- Founder of cryptocurrency company BitConnect charged in $2.4 billion fraud
- $4.1 million in cryptocurrency funneled to Ukrainian military since Russia invaded
- Brazil legalized the local cryptocurrency market
- Algorand Chosen by Lottery.com for Blockchain Gaming Platform
- Blockchain-based mobile games that you are looking forward to?
- Reddit's CryptoCurrency coin MOON is worth over 5x more than the Russian Ruble
- If you are looking to donate crypto to Ukraine for relief / aid… don’t. But first understand why.
- At least the crash shut up the celebrities and their NFTs
- "Patreon suspends donation page for nonprofit giving body armor to Ukrainian army": Still wonder why we need Crypto?
- China Will Sentence Over 10 Years In Prison For Crypto Traders
- Can we do something about these annoying "sToP pRoMoTing cRyPto In tImEs oF sTrife" posts?
- A Blockchain-Based Noah’s Ark Is Being Used To Preserve A Record Of The Ukraine Conflict
- ''China Will Sentence Over 10 Years In Prison For Crypto Traders'' - This news shows us how afraid of crypto dictator countries are.
- NBA star De'Aaron Fox ditches his NFT project after raking in $1.5 million. He promised to send anyone who bought more than five NFTs (worth 0.4 ETH or $1,300) a signed jersey. His guaranteed NBA salary in the next 5 years is $163,000,590.
- EU Parliament delays vote on crypto regulation after backlash on anti proof-of-work stance
| Check out the weekly we r/cc podcast and monthly NFT roundup show this weekend on Reddit talk Posted: 25 Feb 2022 08:42 AM PST Saturday 26 February | 8 PM EST | 5 PM PST | monthly NFT roundup will air its second show. This month we will have guests including:
Sunday 27 February | 11 PM UTC | 6 PM EST | 3 PM PST | we r/cc podcast will return. We will be discussing recent events and their affect on financial markets; we'll also talk about crypto popular culture and a little bit of who's who in the space. As u/clipptube pointed out: we r/cc podcast will also be held over at our discord, but we will take in questions from both reddit and discord. However, the NFT show will be reddit only this month. [link] [comments] | ||
| Daily Discussion - February 26, 2022 (GMT+0) Posted: 25 Feb 2022 04:00 PM PST Welcome to the Daily Discussion. Please read the disclaimer 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.
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| A whale just made a $3m crypto donation to a Ukrainian Charity Posted: 25 Feb 2022 09:53 PM PST
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| Posted: 26 Feb 2022 03:12 AM PST Almost all 100x picks are by complete luck. It doesn't matter how good or technically advanced the project is (as we've seen with zero utility coins like Doge and Shib). Once a project has already gained popularity on subreddits like this one, it's almost certain that you already missed out on a 100x This doesn't mean you still can't profit from popular coins on this sub. But don't expect 4 digit % gains. The problem is that investing in still unpopular startups could be very risky. You risk rug pulls or scams since this market is completely unregulated. And while there are exceptions with projects with insurance backing like Solanaprime and others that can mitigate such risks, for the most part it will be risky otherwise. The important thing is to not get impulsive and let FOMO take control over you. Always make educated guesses and well thought out investments. This is the only reliable way to make profit long term. [link] [comments] | ||
| Posted: 26 Feb 2022 05:31 AM PST It just doesn't work like that. It's either decentralized or it's not. You don't get to pick and choose when or why it's decentralized just because you don't agree with the use case. Obviously, it sucks that psychopaths take to crypto to hide illicit activity, and that it gets publicized in a way that paints crypto in a bad light. But if we want crypto to maintain its autonomous decentralization, we have to accept all of its shortcomings. Crypto scares the shit out of the powers that be for all the reasons we love it. It gives power back to the people, unfortunately there's bad people out there and fear sells, so the media likes to focus on it. I don't agree with anything that's going on in Russia right now, but I do believe in crypto maintaining its decentralization. [link] [comments] | ||
| Posted: 26 Feb 2022 04:15 AM PST
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| Posted: 25 Feb 2022 09:36 AM PST Many companies are jumping on fhe 'let's help Ukrainians' bandwagon, but not because they actually give a fuck. Rather, they're seizing the PR initiative to offer 'Free calls and SMS' (EE, Vodafone). WhatsApp anyone? FTX is no different and the free PR they've been receiving for this apparently magnanimous gesture is unjustified. FTX have a minimum withdrawal limit of $100 and they have (so far) not announced that this will be revised or removed. So any Ukrainian that would like to access that 'free' $25 will first need to send $75+ to FTX (almost 50% of a typical Ukrainian monthly salary). This is cynical PR fluff by FTX and should not be applauded - if and until they confirm that Ukrainians will NOT be subject to any minimum withdrawal limit. [link] [comments] | ||
| Posted: 26 Feb 2022 02:28 AM PST Okay, so earlier today I saw a post claiming that "only 10 or so coins have surpassed their previous all-time-highs" (that was not the main point, but they linked to an older post of themselves that claimed that). That sounded unbelievable to me. So I went to Coinmarketcap, scraped the data from the historical snapshot from 17 December 2017 (BTC reached it's peak of the bull run 1 day later) and then checked when every coin in the top 200 reached their ATH. Okay, I'll admit: it looks worse than I thought it would. I thought that probably half of those coins reached a new ATH since 2021, which is not true. But how many did? Well, 3 coins that were in the top 200 back then already had reached their ATH in 2013, 3 more had reached it in 2016. The vast majority of coins that were in the top 200 in December 2017, however, indeed reached their ATH between December 2017 and January 2018, as you can clearly see in the figure. 31 coins reached their ATH in 2017, 125 did so in 2018. Okay, but if you did the maths: more than "10 or so" remain. A total of 38 coins or tokens out of the top 200 on that date reached ATHs after 2018 - 19%, which is not great, but more than the 5% the original post claimed. As you can see in the figure, it's pretty much a mix of very high ranking and lower ranking coins. And that's the worst point in time I could have used - if I picked a point after the crash in January 2018, I am sure many more of the top coins reached a more recent ATH. What's the point of this post? Well, that yes, many, many coins will never reach their old ATHs again after a bear market. But at the same time, it's not as grim as people pretend, that "almost all coins die in a bear market". Nah. Some die, some come back but not to old heights (I only checked which ones broke their ATHs, many more probably got somewhere close to it), and some - not many, but still quite a few - break through their ATHs. Not everything is as black and white as we like to pretend. [link] [comments] | ||
| Famous porn star compares her NFT scam to Russia invading Ukraine Posted: 25 Feb 2022 10:53 PM PST
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| Litecoin will soon have smart contracts and optional privacy. This is BULLISH Posted: 25 Feb 2022 10:18 PM PST Signaling taproot and Mweb on the mainnet has just begun, making Litecoin one step closer to smart contracts and optional privacy. This means litecoin will be one of the only coins to have smart contracts, nfts (omnilite upgrade) store of value, brand recognition, has lasted 10 years survived multiple bear markets and to top it all off 100 percent uptime with low transaction fees. Not only that it is accepted everywhere bitcoin is accepted and has a growing not decreasing userbase. Litecoin is seriously undervalued, not even bitcoin can boast 100 percent uptime. Price will catch fundamentals, for the savvy investor Litecoin is a great choice as part of a balanced portfolio as it is seriously undervalued but fundamentally solid. [link] [comments] | ||
| Posted: 25 Feb 2022 12:57 PM PST https://www.reddit.com/r/CryptoCurrency/comments/t0q8kn/evidence_that_charles_was_involved_in/ https://twitter.com/IOHK_Charles/status/1497296939091566593 His post: This is a follow-up to https://np.reddit.com/r/CryptoCurrency/comments/szv6oc/evidence_that_charlesiohk_was_involved_in/ In that post, I gave a list of about 150 addresses that connected IOHK's wallet to the billion ADA unstaked wallet involved in the SundaeSwap front-running. Naturally, I was accused of FUD, saying that I made it up and that there was no way someone could track that accurately. Here's a much shorter path connecting the two wallets. 📷 Starting from IOHK's address https://cardanoscan.io/transactions?address=DdzFFzCqrhsytyf2oUxqFNXDX9MfAFBWk9pTBXViZbSwxEi7PYcq9LSjBDcW6BVcA7KxgeixYWospQKn68P9PaviM2FvhTFvsEezT8qg, it takes less than 15 steps to go from that wallet to the billion ADA unstaked wallet associated with the SundaeSwap front-running. You can see in the left column the outgoing address along the path, and in the right column, you see the amount of one of the transactions from the prior address to that address. The right column only gives one transaction amount even when there may be others, since it's only looking at the first page of transactions when going to the transactions page. If there were dozens of transactions outgoing to that address, then the right column only is reporting one of them listed on the first page of transactions. You can see that all but one transaction is on the order of hundreds of millions or billions of ADA. This is not IOHK paying an employee (unless employees are being paid hundreds of millions of ADA!). To follow along with how to read the table, first go to IOHK's original wallet https://cardanoscan.io/transactions?address=DdzFFzCqrhsytyf2oUxqFNXDX9MfAFBWk9pTBXViZbSwxEi7PYcq9LSjBDcW6BVcA7KxgeixYWospQKn68P9PaviM2FvhTFvsEezT8qg. Then find the first outgoing address in the table above and click that link to go to the transactions for that address. Then go to the next outgoing address in the table: https://cardanoscan.io/address/DdzFFzCqrhsrbtzv9G1qXfGq5mKVeF6AWg2TcuS3qjfLyhHgVATsP3PeocKqkraN6VwbZrNvN2iHeCd8iESanCP8FQS6BnyaThGjLNEc Then go to the next outgoing address in the table: https://cardanoscan.io/address/DdzFFzCqrhsnRxkcmJ1ukkN26iefboWFwKLx95G2bW92mutMGqibYJNYuNgbGppCC32tfqWMa8XpWev9jVXoNUQEQPmcDeRh28UJBXvC The rest of the sequence is given below for you to verify yourself: https://cardanoscan.io/address/Ae2tdPwUPEZ6xYrxCgRDM2NQFM5oajHEoJN3i9ZVV2AbsbvxoJBjVu3yP7W You don't need to question whether I made up these transactions or manipulated the Cardano blockchain in some way. These records are immutable and they are available for you to verify, so go verify. I will probably be accused of being a paranoid schizophrenic again, and maybe I am, but who cares! The point of blockchain is that you don't need to trust me or anyone else. I know some of you reading this will instinctively be defensive and lash out with insults, but I dare you to verify the transactions yourself before downvoting. Edit: Thanks for taking up the challenge and looking into this. Some of you found that there was only a 10 ADA transaction between two of the addresses. That's because both output addresses (one with 10 ADA and the other with 241 million ADA) are tied to the same wallet. It's not obvious, but you can read more here https://np.reddit.com/r/CryptoCurrency/comments/t0q8kn/comment/hyc8719/?utm_source=share&utm_medium=web2x&context=3 The TLDR form of that comment is: the wallet address ending in bs1Wq and wallet address ending in oQU1E are part of the same wallet. You can tell this since they are both outputs of TxHash 547f47b146464476c2da4184fa9123d147053b2e5c84d1f0ede1479a12afbd97, and then one is the input (oQU1E) while the other (bs1Wq) is the output of the next transaction of the bs1Wq address, with TxHash d632d8f487f156c2c91a46e15b066a22888aa2f71ed61bd2d33dd61f46b9590c. That indicates that these two addresses are linked and that the second transaction is a reshuffling of ADA between addresses of the same wallet. Even if you aren't convinced that they are part of the same wallet, then suppose they're separate, independent addresses. Then that only adds one more address on the path connecting IOHK's wallet to the billion ADA unstaked wallet: https://cardanoscan.io/address/Ae2tdPwUPEZ6xYrxCgRDM2NQFM5oajHEoJN3i9ZVV2AbsbvxoJBjVu3yP7W The volume from Tf4YT to oQU1E would be 241M. The volume from oQU1E to bs1Wq would be 25M. TLDR: Don't try to hard to make some transaction history a proof of something that is not. Guy had too much time and wanted CH to be a bad guy. Don't upvote this post too much, because the whole trilogy is a waste of crypto jurnalism. If you have time tho, go to the 2nd part and downvote the moonfarmer. Fake proof should not deserve moons IMO. [link] [comments] | ||
| Posted: 25 Feb 2022 01:33 PM PST You would have taken great profits and also been able to buy back at a lower price. I know that no one can time the market or predict it, but you simply can't expect for prices to keep going up infinitely. At some point you're gonna have to make the decision of taking profits and reinvesting later on when prices are down. If anything, this will give you the ability to change strategies. I actually sold around 55k and slowly started seeing that Bitcoin isnt the right investment for me. I started staking and went heavy on DeFi projects like AAVE since they're the best at lending (which gave me a lot of leverage)and new ones like BitDAO which have the largest treasury in the market so the governance power behind it was strong. TAKING PROFITS IS NOT SHAMEFUL. I don't know why this sub treats it as a sin. Its actually smart to sell if you make an educated decision as to when. [link] [comments] | ||
| Founder of cryptocurrency company BitConnect charged in $2.4 billion fraud Posted: 25 Feb 2022 08:06 PM PST
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| $4.1 million in cryptocurrency funneled to Ukrainian military since Russia invaded Posted: 25 Feb 2022 07:46 AM PST
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| Brazil legalized the local cryptocurrency market Posted: 25 Feb 2022 09:45 PM PST
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| Algorand Chosen by Lottery.com for Blockchain Gaming Platform Posted: 25 Feb 2022 11:33 PM PST
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| Blockchain-based mobile games that you are looking forward to? Posted: 25 Feb 2022 11:09 PM PST I've had a lot of free time lately, and I've been either sleeping or watching stupid TikTok videos, and I'd like to change that and make my time more productive. Blockchain-based games have recently piqued my interest as well and I'm still looking for more P2E games that I can play on my phone so that I can narrow down my options and decide which one to invest in my money and extra time. I'm hoping for the games that I'm actually gonna enjoy and have a little fun while earning some little cash. If it can be a F2P, that would be nice too. [link] [comments] | ||
| Reddit's CryptoCurrency coin MOON is worth over 5x more than the Russian Ruble Posted: 25 Feb 2022 12:06 PM PST With everything going on I saw a more lighthearted post about Roblox tokens being worth more than the Ruble and figured it'd be interesting to see if the reddit Moons were worth more. Was actually kind of shocked it was worth around 5.8x more than a Ruble. There's probably easier ways to get money in Russia but with Moons being tied to karma and posts, it could also encourage more shit posts and spam in the sub. I'd also be interested in hearing some other random out-there currencies worth more than the Ruble [link] [comments] | ||
| If you are looking to donate crypto to Ukraine for relief / aid… don’t. But first understand why. Posted: 25 Feb 2022 12:21 PM PST I see a lot of people wanting to support Ukrainians who are currently being invaded by fascist Russia. Financially supporting the Ukrainian army or people who are suffering is a fantastic and noble thing to do. It's the right thing do and the least most of us can do. I wish I could buy the bullets that personally kill the Russian invaders. But it's not that simple. As we all know scammers have a vacuum for a heart and are trying to profit off of this crisis. "Ukrainian relief funds" are more than likely scammers accepting your thoughtful donations. Worse yet even Russians creating fake donations to soak up the funds for their cause. The ONLY way I would donate is by sending it directly to someone you know of in Ukraine who needs it or can distribute it. Do NOT let your guard down. Scammers will profit off of anything even this. Yes it is a new low. [link] [comments] | ||
| At least the crash shut up the celebrities and their NFTs Posted: 25 Feb 2022 08:55 PM PST This only proves the point that they are all here to make a quick buck and pullout, which we all actually knew anyway and were shouting it from the rooftops. At least now, their hype has slowed down and their approach to the average smooth brain investor has halted. Nothing annoys me more than seeing celebs take advantage of this movement for their own profit. This is pathetic. I would feel gutted every time I'd see them Tweet about a new NFT they released or held under their name. Why even Tweet it? I mean come on, there are markets like Yunometa which are specific for this claim go and use that. Why do you have to cringe us all out? They didn't want any part of this before the hype got to it, so why did they want a part of it at the peak lol. Why try to crash some NFT maker's dream by having to compete against a millionaire celeb? Their greed has no bottom, but at least recent events despite being horrible to the market, halted their march towards market infestation. It was disgusting to witness and I'm glad that's over. [link] [comments] | ||
| Posted: 26 Feb 2022 05:06 AM PST
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| China Will Sentence Over 10 Years In Prison For Crypto Traders Posted: 25 Feb 2022 05:40 AM PST
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| Can we do something about these annoying "sToP pRoMoTing cRyPto In tImEs oF sTrife" posts? Posted: 25 Feb 2022 04:56 PM PST As a long time lurker of this subreddit, I've seen some very counter-intuitive posts and comments from people that say that we shouldn't promote the use of cryptocurrencies in times of strife. As if they couldn't be used for anything but pump and dumps. Have these people forgotten the whole "financial freedom" ideology concerning why Bitcoin was created? Do they know that Shiba Inu or Floki or whatever other shitcoin they have in their wallet does not comprise the entirety of the space? It's stuff like this that makes me think that these people are intentionally spreading FUD. Whether it's to help themselves make a profit, or because they don't know much about crypto, it's clear that these people see no practical use for it, and would much rather stop others from reaching out and helping people take control of their money. Nonetheless, we should be actively encouraging people to learn about Crypto. We're in a cryptocurrency subreddit for Christ's sake. We need more devs that can help us become even more decentralized. We've got Bisq (a true DEX, main currency is Bitcoin), we're getting Haveno (Like bisq, but main currency will be Monero), we have a satellite up and LoRa meshnets are promising. [link] [comments] | ||
| A Blockchain-Based Noah’s Ark Is Being Used To Preserve A Record Of The Ukraine Conflict Posted: 26 Feb 2022 04:52 AM PST
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| Posted: 25 Feb 2022 11:50 AM PST They're shitting their pants. They are afraid of losing their power over their citizens. They are afraid of crypto because they know crypto gives freedom to the people. So they ban it. Whenever I see a news about a dictator country banning crypto, I feel so bullish because if dictator countries hate crypto that means Crypto works as it should. Because they can't control it. They are afraid of losing their power on their citizens. This is exactly what crypto is supposed to be, giving 100% control to people. Peer 2 peer. There is no middle man. There is no control freak authority. This is what decentralization is supposed to be and dictators hate that. If a dictatorial country is trying to ban crypto, know that Crypto is on the right track. No matter how much those dictators try to ban it, Crypto is INEVITABLE. [link] [comments] | ||
| Posted: 25 Feb 2022 06:33 AM PST https://web3isgoinggreat.com/single/2022-02-23-1
His response:
Link to his stats and salary: He averages 1.34 steals per game. Twitter thread by The Sporting News
https://www.sportingnews.com/us/nba/news/de-aaron-fox-nft-project-investors/qq4wlbclbzf6p0ey0qobud0e NFT holder on De'Aaron Fox:
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| EU Parliament delays vote on crypto regulation after backlash on anti proof-of-work stance Posted: 26 Feb 2022 01:31 AM PST
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