Cryptocurrency Daily Discussion - February 8, 2022 (GMT+0) |
- Daily Discussion - February 8, 2022 (GMT+0)
- Here is how I doxxed the creator of a scamcoin and make him abandon the scam few minutes before launch
- U.S. Senator Ted Cruz : “I’m particularly proud that my home state, Texas, is becoming an oasis for the blockchain community, for bitcoin miners, for innovators and entrepreneurs in the crypto world”
- NFTs are much more than just jpegs. Not just a scam. A deep dive into the utillity of NFT ticketing
- Listen to what the youth are talking about and you will see the future.
- The Zuck: 77% of People Don't Want Facebook to Create a Metaverse
- What is your end goal?
- For everyone using the Brave Browser
- 12.25 BAT payout this month, $12 just for browsing the web
- One of the biggest audit firm in Canada just bought BTC and ETH for the first time, saying that "cryptoassets are a maturing asset class". Institutions are getting onboard!
- Bitboy
- If you want to make money day trading, try this first:
- If you're kicking yourself for not buying more during the crash, stop. This is how FOMO begins.
- "Play to earn" games are work, not games. If there is a way to earn money directly and officially, the vast majority will do (or try to do) it for profit and the whole "game" will be centered around it.
- What would you do if ALL your investments fail?
- Crypto.com Partners With Industry-Leading Blockchain Validator and Merchant Acquirer Worldpay From FIS to Support Global Expansion | Business Wire
- Help me understand the recent market turnaround
- Crypto went from disbelief to euphoria, to capitulation and now back to disbelief in a span of ~4 months. Surving that is not easy. Congrats to those that did.
- Bitcoin overtakes Facebook in marketcap and has Tesla in its sights
- Well Bitboy is still shilling shitcoins for pay, I cant wait to see this play out
- OnlyFans star creates crypto-friendly porn site
- Anyone else happy you didn't sell off your holdings during this last dip? ��
- Fear And Greed Index: We left the FEAR zone and are back to NEUTRAL for the first time this year
- Things are heading back up and fast… am I paranoid for not trusting the pump just yet?
- I really don’t want to be involved in NFTs but everytime I see something about them I want to join especially now that NFTs are taking the Music Industry by storm
- Another use case for Crypto: A California Sheriff Remains Free To Rob Armored Cars Carrying Money From State-Licensed Marijuana Businesses
| Daily Discussion - February 8, 2022 (GMT+0) Posted: 07 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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| Posted: 07 Feb 2022 10:55 PM PST I posted this yesterday but it was removed by reddit because I said the website of the scam. Now I repost it without any information so please don't ask for it. Anyway the website is now deleted so you can't see anything. I own a telegram group where this morning an user entered telling everyone to be quick because today it was starting the private sale of a new coin. I looked at its website and it was clearly made by an amateur. It's whitepaper was a joke. However, the devs officially doxxed themselves and most users in their "official" telegram group were starting to believe in this scam. I noticed some users were clearly fake, saying things like "I follow this project since 1 year and it's amazing" but I checked and the group was created just few days ago so how they were following this project since 1 year ago? I then decided to contact on LinkedIn the 2 official admins of the project. They both answered me that they had nothing to do with it and clearly someone took their names and photos and posted them on that website. 45 minutes were remaining before the private sale would start. By the way, the private sale was going to work in this way: they would publish a bsc address and everyone had to send bnb at that address. In exchange they would receive back 2000 of these new tokens. I posted in their group that admins were liars and that the people listed in the official website were not related to this project in any way. They accused me of fud, I had no proofs. Also they were deleting most of my messages. Then I tried what I thought was impossible, because only the worst amateur would make such a mistake: I did a whois of the domain of their website and found out the website was created just 2 days ago, and I found the name and the address of the owner. This guy didn't even think to hide it properly. At this point it was just few minutes before the official launch of the private sale. I simply posted in the group the name and the home address of the scammer and then "if anyone will be scammed, just give this name to the police" Admins abandoned the group immediately, countdown went to 0 but no private sale started. They literally disappeared and they had no opportunity to scam anyone. Obviously they were amateurs, it's harder with professional scammers, but I'm proud that I destroyed the plan of these scammers who invested money and time in creating their website and preparing this scam. [link] [comments] | ||
| Posted: 07 Feb 2022 07:31 PM PST
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| NFTs are much more than just jpegs. Not just a scam. A deep dive into the utillity of NFT ticketing Posted: 08 Feb 2022 02:29 AM PST
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| Listen to what the youth are talking about and you will see the future. Posted: 08 Feb 2022 12:30 AM PST Here for round 2 of why being a high school teacher has been an 'ear to the floor' revelation for me. Having taught in schools for nearly 5 years you can get a sense about what is important to kids. Facebook is not cool = Subsequent rebranding and losing relevance Tik tok very cool = tik tok becoming the leading social platform for 12 - 45 yr olds. The US Office is better than the UK Office = US office now the only one streaming on Aus Netflix. I must confess, 5 years ago I didn't hear any of the above. Facebook was (somehow) cool, tik tok didn't exist and there was stiff competition for which Office series was better. Fast forward to today.. I'm teaching my Yr 9 commerce class and they ask "sir which crypto do you recommend buying?". Students no longer laugh on this topic, even 3 years ago they might have switched off. But not now. they are increasingly involved in crypto and are investing in it themselves. This is because it is both relevant and achievable for them to do so. I'm telling you listen to what the youth is talking about; they are INTO crypto and that makes me bullish af. [link] [comments] | ||
| The Zuck: 77% of People Don't Want Facebook to Create a Metaverse Posted: 07 Feb 2022 07:57 PM PST
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| Posted: 07 Feb 2022 11:42 PM PST We all have our own reasons for joining the crypto space. Some do it to get Lambos, others want to buy a house and there are many more. There is no bad end goal, as we all have different kinds of needs and wants. I believe crypto is the best investment of this decade, most of us are too late in buying houses as the prices have skyrocketed. It goes the same with the majority of stocks out there. However, when it comes to crypto, I believe now is the time. We are still pre-mass adoption and this is why I believe this is the best way to set ourselves free from the shackles of work and financial burdens. For me, I would love to live off passive income. I want to DCA as much as I can before mass adoption arrives. I believe we are early. It would be my dream to spend more time with my family, not being shackled by work and work by choice, not by necessity. This would be my end goal and I wish I can achieve my end goal within this decade. I hope you all will be able to reach your various end goal. What are your end goals? Lambos? Infinity passive income? House? Edit: The amount of MOON farmers who downvote is just mind-boggling... [link] [comments] | ||
| For everyone using the Brave Browser Posted: 08 Feb 2022 02:37 AM PST Recent post from a person gaining 12.25 BAT this month gained quite some traction. I noticed that many people mentioned in the comments that they are only receiving 1 or 2 adds per hour. If your Brave is updated you can navigate to Reward Settings (in the Brave Rewards window), and from there click on the icon on the right of Brave Private Ads. This will bring up a menu that lets you specify how many adds per hour you are limited do. Now, I don't know how it possible to get 12.25 BAT, but I was previously getting close to 1 with being locked to 5 ads per hour. Being locked to 10 should net you close to 2 or even 3 if you are browsing a lot. Welcome! [link] [comments] | ||
| 12.25 BAT payout this month, $12 just for browsing the web Posted: 07 Feb 2022 03:30 PM PST Got a significant bump in earnings this month, I think this might be the largest dollar value payout I've ever had from the browser! Been using the browser for quite a while, used to get 30 or 40 BAT a month but as the price shot up the amount of BAT dropped. This month it's jumped up to 12.25 BAT which at the current exchange rate is $12, really isn't too bad considering it's not even the only browser that I'm using. Looking forward to more of this, these small amounts can add up over the years. What's the highest payout in dollar value that you've had from Brave so far, was this a fluke? [link] [comments] | ||
| Posted: 07 Feb 2022 08:52 AM PST One of the most bullish things for our ecosystem will be the adoption of crypto by large institutions. And today, one of Canada's largest auditing and verification firms announced that they have purchased BTC and ETH for the first time ever! The firm, KPMG, is a major player in Canada. It's been around for more than 150 years and employs nearly 8,000 people. Here's what they had to say : "Investors such as hedge funds and family offices to large insurers and pension funds are increasingly gaining exposure to cryptoassets (...). This investment reflects our belief that institutional adoption of cryptoassets and blockchain technology will continue to grow and become a regular part of the asset mix." For me, this news is absolutely a bullish sign. No matter what the haters and no-coiners think, crypto is here to stay, and this kind of news proves it. Institutions have only just set foot in it: we are still very early! Just think about it : if you hold long enough, you will probably end up selling your tokens to Wall Street big boys in a few years. We are, indeed, all gonna make it. [link] [comments] | ||
| Posted: 07 Feb 2022 04:59 PM PST I like most of you newbies when I first wanted to get into crypto, hopped on YouTube in January 2021 and searched some newbie phrase "what should I do with 1k crypto" and more than likely bitboy pops up with his promising titles and digestible content. And at this time ETH was around 1500. So I like any newbie not wanting to miss out on big gains aped in my 1k. And although I've turned out fine, learned a lot, had some losses but mostly gains, I am still pretty pissed and disturbed by bitboys content. Watching him guarantee a 10k ETH and 200k BTC by Sept. 2021 is fucking outrageous and I really don't understand how things like that are allowed. All you really have to do is say "NFA" and you're in the clear to promise whatever you want? You can shill hopium to people who have no clue what they're doing? Although I turned out fine, watching him talk about leverage trading and $600 XRP should be fucking illegal. Anyways that's my little vent. Don't listen to BitBoy [link] [comments] | ||
| If you want to make money day trading, try this first: Posted: 08 Feb 2022 06:21 AM PST Day trade on paper for at least a month or even longer. (Without actually making the trades) I got this advice a few years ago but didn't listen and was down 50%. It sounds odd, but it'll show you how hard and unpredictable it is, especially with crypto. Literally write every trade you would have made with your crypto and see if you're really in the green after at least a month. This will be a great way to learn you can't always time the market but without losing a big chunk of your money. I'm not saying day trading isn't possible, but make your mistakes on paper first. [link] [comments] | ||
| If you're kicking yourself for not buying more during the crash, stop. This is how FOMO begins. Posted: 07 Feb 2022 12:11 PM PST Stick to your original plan. And if you don't have one, try to establish one - even if it's a simple DCA system without much more of an end goal than eventually having more money. Don't get caught up in the hype which is very rapidly flooding into every person's social media feed. The success of broader crypto and the individual projects themselves is not going to be decided in a few days; and if a project's success is solely confined to a small number of green candles, then it's probably not going to last long; look at its user base, its pipeline, its developers. Of course if the plan is to trade in the short term, look for trends to capitalise of off; but if you are simply looking for a longer term investment, look beyond a bull market (if this is one). There'll be plenty more green periods to look forward to if crypto truly comes to be adopted at the rate and to the extent it seems it will. [link] [comments] | ||
| Posted: 08 Feb 2022 01:17 AM PST Sorry, but as a gamer, who also studied gaming (history of games), I can tell with a high degree of certainty, that it is a HORRIBLE idea to implement ways to earn real money in a game and also expect a fun, casual community to be formed around it. Even if there is a possibility to play for fun at first, the incentives will inevitably push towards min/maxing profits. This will push out everyone who is not doing it as a job. Even is the game itself is fun, the barriers to entry will become massive or the grind insurmountable for casuals. Not only this, but the developers will be forced to cater to the needs of the industry forming around the game and it will inevitably make the game itself less fun and even more profit oriented. There is no precedent of a game going in this direction and still being a GAME first and foremost. Even popular e-sports titles are only "for profit" for the top 0,1% of the playerbase and never directly ingame. [link] [comments] | ||
| What would you do if ALL your investments fail? Posted: 08 Feb 2022 04:57 AM PST We've always seen the opposite of this question being posted and asked consistently, from time to time. I saw a similar one on the front page and had the idea of the opposite. What would you do if not one, but all your investments fail? Especially those that you've put an immense amount of effort researching, analysing and working up the courage to put funds in. Those that you have been consistently DCA'ing in, fail. What would you do? This would basically be another version of betrayal, except you already knew of the possibility but never thought of it. Would you lose hope? Do you think you'd lose hope? For many, crypto is one of only a few ways that provide a chance to escape poverty or move to a higher standard of life. Would you still try and test your luck, even if all failed? Excited to see your responses. [link] [comments] | ||
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| Help me understand the recent market turnaround Posted: 07 Feb 2022 10:19 AM PST I am sitting here trying to understand and rationalize the market rebound and I have come to the conclusion that I have no idea why the market is trending back upwards. Was there something in particular that can be attributed to the turnaround? Just not sure where all the current resilience and market confidence is coming from. I have been hesitant ever since it was signaled that there would be an announcement from the White House on how they wanted to "enforce rules around crypto as a matter of national security". I'm sure this announcement will be something close to what India has done with their 30% but there is no way to know. [link] [comments] | ||
| Posted: 07 Feb 2022 01:08 PM PST We are currently having a pretty damn good uptrend, after such a long time. About exactly 4 months ago end of sep/beginning Oct we were at the same cycle spot of disbelief. Disbelief meaning that the current rally is under disbelief by many as we were having so much downs and fake breakouts recently. From sep we went from disbelief to complete euphoria in under a month. The great Uptober. It was the best time for me in crypto, daily big green candles and then that ATH melting faces. Complete euphoria. Well what happened after that is the turn of the cycle. Panic followed by capitulation and anger. Now we are back at the disbelief stage and ready for the next crazy ride. This four months show you the entirety of Crypto. Surving those are not easy, many did not. But those who did, hats off. We went through done dark times with the light at the end of the tunnel but are still back here, in the middle of the light. As some Matt Damon once said "Fortune favors the brave" [link] [comments] | ||
| Bitcoin overtakes Facebook in marketcap and has Tesla in its sights Posted: 08 Feb 2022 03:07 AM PST In its still relatively short existence, Bitcoin (BTC) has become one of the largest assets in the world. And now that the BTC price is rising again, we see the cryptocurrency overtaking a few big well-known companies in this ranking again. Bitcoin past Facebooks Meta In recent days, the rising bitcoin price has caused bitcoin to climb in the rankings. Partly due to the disastrous performance of Meta, formerly known as Facebook, bitcoin is now bigger than the social media company. Meta has a market capitalization of $612 billion after it lost hundreds of billions of dollars in value in a short period of time this week. Bitcoin, on the other hand, now stands at $844.5 billion. Another notable development is that the cryptocurrency has also overtaken Berkshire Hathaway, the company whose CEO is world-famous investor Warren Buffett. He previously called bitcoin "rat poison squared." Very valuable rat poison, it turns out. Tesla in bitcoins crosshairs Now the mother of all cryptocurrencies still needs to rise in value considerably before it can enter the absolute top. At the moment we find BTC at place 8 of the largest assets in the world. The next company in its path is Tesla. The electric car manufacturer is worth $911.2 billion and, by the way, owns bitcoin itself. Above Tesla we find the shares of asset manager Vanguard, Amazon.com, Alphabet (Google) Microsoft and Apple. Silver and gold are also still above BTC. Are we going to see bitcoin get close to this in the coming months? No one knows, of course. There is still a nice rise needed for that. In any case, it is interesting to see that the Bitcoin network is currently worth almost as much as the largest companies on earth! [link] [comments] | ||
| Well Bitboy is still shilling shitcoins for pay, I cant wait to see this play out Posted: 07 Feb 2022 08:48 PM PST
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| OnlyFans star creates crypto-friendly porn site Posted: 07 Feb 2022 01:42 PM PST
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| Anyone else happy you didn't sell off your holdings during this last dip? �� Posted: 07 Feb 2022 09:12 PM PST A common mistake that I imagine can happen a lot in not just the crypto market but also stocks is that when everything is red and everyone is freaking out- is to sell your stuff off to reduce the damage in back while everything looks concerning. But in reality the opposite turns out to be true a lot of the time- hold through the low times in the market and even buy more if you can afford to risk it a bit and it can pay when the market 'usually' bounces back at some point. I wish I had known this back in the doge days when I was buying and selling so often with no idea what I was doing. Even though I don't hold doge anymore I do at least give it credit for being the gateway to me getting into the wider world of crypto as a sidenote. TLDR; How many of you are glad that you didn't sell off your cryptos after that big dip we had a couple weeks back? 🐬 [link] [comments] | ||
| Fear And Greed Index: We left the FEAR zone and are back to NEUTRAL for the first time this year Posted: 08 Feb 2022 12:05 AM PST So are we in full bull mode again? Yolo-moonboys and gals yoloing into dog and Elon coins? Dreaming of the 20 bucks that should be worth 100 million latest by August? Whatever it is, it's good to get out of the red on the fear and greed index, even if it just lasts for a moment. The last months have been a wild ride. Once again. Whatever happens next, for now we can sit back and relax a moment and enjoy the green candles.Congrats to all newbs who got in before the crash and survived their first bearish months! [link] [comments] | ||
| Things are heading back up and fast… am I paranoid for not trusting the pump just yet? Posted: 07 Feb 2022 11:28 AM PST I'm just trying to gauge how confident people feel in the direction we're moving right now. We've been here before when things improve after a dip only to find it dip significantly again shortly after so I'm Just trying to take a straw poll. Personally I'm feeling positive but that's why I'm asking… my optimism has tripped me up before! On a separate note I've been considering the best way to prepare for these dips and corrections and I'm wondering about consolidating coins into one or two safer projects that aren't as heavily affected when I see a 5-10% dip over say 1-2 days. In the past that would have been BTC but I'm not convinced it's the right move now given how the dips seem to be affecting it's price to similar degree when compared to well established alts. Thanks hombres! [link] [comments] | ||
| Posted: 08 Feb 2022 12:29 AM PST Artists and musicians have been independently making millions of dollars by selling digital versions of their art, music, video clips, photos and pretty much any other kind of digital media they can think to throw up on the blockchain. The amount of cash being made and spent in the crypto space can't be ignored. DJ and music producer 3LAU made $11.6 million selling music NFTs in only 24 hours. Just a few days later, Canadian musician Grimes made $5.8 million in 20 minutes. DJ Steve Aoki made $4.2 million in the first week of March, while Post Malone auctioned off an NFT to play beer pong against him. Those types of paydays might've normally taken the artists years to collect, but NFTs have created a new model for artists to reach consumers by avoiding middlemen in distribution. I read this article and I think this will bring more participation of NFTs to the Music industry. It was mentioned that Centaurify is a platform that is creating a ticketing solution on blockchain where the NFTs are representing tickets and these NFTs have smart contracts implemented in them in order to control the secondary market. They are using blockchain because it is fully transparent and impossible to fake. NFT as tickets adds a second layer of security but also the artist and the fans interaction will be on a different level. With the smart contracts the artist and organizers can set a maximum and minimum and also have royalties percentage wise implemented in them giving back to the artist on every single transaction on the secular market basically tapping into a 15 billion dollar market that hasn't been tapped into before so empowering the artist. Centaurify is making sure that the artist gets their fair amount of pay and the artist can continue making their music instead of having middlemen eating up all the money that the artist really should get exactly. They are aiming to achieve seamless NFT event adoption through the use of multiple blockchains like Ethereum, Solana, and Cardano. It also led me to this video where they announced that aside from the NFT ticketing platform they will also launch an NFT Marketplace which is going to be focused on Music related content. And they recently teamed up with Luna PR- one of the biggest players in the media circuit of blockchain.This is evidently the start of cryptocurrency and the concept of blockchain technology being utilized in the creative space.With these we can already say that NFTs have a huge effect on the Music industry. [link] [comments] | ||
| Posted: 07 Feb 2022 07:11 PM PST
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