Cryptocurrency It's incredible how quickly a few green candles changes the general sentiment in this subreddit. |
- It's incredible how quickly a few green candles changes the general sentiment in this subreddit.
- Crypto is awesome, but I’m losing faith in this subreddit more and more every day
- Imagine how weird it felt for an 1960s vendor to accept payments from a plastic card. Same goes with crypto now.
- Why I believe we are all still a decade early to crypto.
- Am I the only one that still has no idea what the Metaverse is actually meant to be?
- Congrats to beginners who survived the dive under 40K ! Bravo Bravo Bravo !
- BTC has just undone a month's worth of decline in 24 hours; this is why the crypto market is so entertaining
- When Govt put something under "threat to national security" category, it means they will try to crush it down.But Mexican Drug Cartels laundering money via Banks never threatened the national security !
- A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum
| It's incredible how quickly a few green candles changes the general sentiment in this subreddit. Posted: 05 Feb 2022 12:57 AM PST I don't want to come off as a killjoy; I'm as hyped as anyone here. But it was only a few days ago when everyone thought we were in the middle of a bear market, a few green candles later and it's posts calling for altseason and short squeezes. It's insane what one day of green does to people. Pumps are exciting, but we need to calm down a bit. Don't forget we are still in a downtrend, and history shows that pumps can disappear as fast as they appeared. So don't make any reckless decisions, stick to the plans you made before this pump, and calm down a bit. You'll do better if you stay humble and keep a level head on yourself. Cheers. [link] [comments] | ||
| Crypto is awesome, but I’m losing faith in this subreddit more and more every day Posted: 05 Feb 2022 02:53 AM PST This post is going to be referencing one particular incident, but is an example which plays out quite often here. I would appreciate if you read the whole thing before you comment. I'm sure a lot of you came across this post over the last day, as it was the top post in the sub for a while. It "discusses" the recent wormhole bridge hack, announces that a VC stepped in to replenish the lost funds, and boldly theorises that this VC did this to protect/save solana. The OP went on to suggest that this proves Solana is a sham and propped up solely by VC money. While anyone with a basic understanding of the wormhole hack knows how wrong and full of misinformation that post is, I'm not even going to go into that in the interest of not making this post overly long. Scroll through the original thread and you'll find people explaining how so if you're interested, but it won't mean much after you hear what I'm about to say anyway. If anyone bothered to do as much as click on OP's name, they'd see his pinned post is him going into detail about how crypto is a Ponzi scheme and he only invests/interacts with it in order to play the trends for money. He is outright telling all of us that he's only here to manipulate us for his own personal benefit, and this subreddit sent him and his misinformation to the fucking front page. Read that again. 4.5k people in this sub upvoted AND defended the obvious misinformation from a poster, who has openly stated their intentions to mislead people for their own gain, simply because they read what they wanted to hear. I don't even blame the OP honestly, if this sub is going to let themselves get taken advantage of that easy, let the guy have his moons. This is the same sub that will comment "DYOR!!" under every single post. The same sub that shits on YouTubers who act unethically and mislead their fans. The same sub who makes fun of Dogecoin investors for not being able to think for themselves. If you aren't seeing how ridiculously tribalistic and hypocritical this is, you're in denial at this point. This post isn't a defence of solana, it's obviously got its problems, but if you can't see that the solana hate has beyond lost touch with reality in this sub, then you're investing based on emotion, not evidence. This subreddit has some cool discussion, some awesome people, but 4.5k+ people upvoted that dumpster fire of a post simply because it confirms their anti-sol bias. Don't let this place become the mindless echo chamber r/buttcoin thinks it is, we're better than that and crypto deserves better than that. TL/DR: someone set out to mislead people, and the people of this sub ate it right up, and sent him straight to the front page without questioning it. Quit the tribalism and hate bandwagons, it doesn't help anyone [link] [comments] | ||
| Posted: 04 Feb 2022 10:42 PM PST Imagine what it felt like accepting the first credit card payments in the world. The concept of intangible money, money that can't be physically seen, has always been a hard concept for humans to grasp. Some countries and cities now like Dubai and New York use more credit cards than cash. Yet the transition from cash to credit cards took a very long time. Meaning crypto will eventually become legal tender if we keep up this pace (and will most probably be adopted faster than credit cards got adopted). There are even crypto credit cards that are paving the way for crypto payment adoption. They're so easy to acquire. Platforms like Binance and Coinbase offer them. I have mine from CoinOvy. These crypto credit cards will be a great way to transition from digital payments to full crypto payments. [link] [comments] | ||
| Why I believe we are all still a decade early to crypto. Posted: 05 Feb 2022 01:58 AM PST
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| Am I the only one that still has no idea what the Metaverse is actually meant to be? Posted: 04 Feb 2022 09:46 PM PST So what on earth is it? Is it just the idea that we'll all be playing MMORPGs all day with VR? Rather then chatting with someone on zoom I'll spend half an hour wiring up my VR kit so I can chat to their avatar in a pretend conference room? And then we'll go to a pretend coffee bar where we'll pretend to drink coffee that we'll buy with crypto? Is it just the idea of a persistent online virtual world? But which world? Presumably anyone can make their own metaverse? Does Eve Online count as the metaverse? Habbo Hotel? Or does it have to have VR? Isn't the internet just the metaverse? Or does it always require some sort of game like VR interface to count? And what role does Blockchain play in the metaverse? Is it intended to support the persistence and the idea of one true metaverse? But whose Blockchain? Surely anyone can create their own Blockchain for their own metaverse? Why are people buying virtual land in the metaverse? What utility does it have? And given it's just a simulation, the land itself is presumably infinite? So why pay for it? Am I just an old grumpy man? [link] [comments] | ||
| Congrats to beginners who survived the dive under 40K ! Bravo Bravo Bravo ! Posted: 05 Feb 2022 03:34 AM PST Hey, to all who didn't sell under 40K, congrats! We are still far away from ATH BUT you are not one of those who sold at a loss in order to swing trade. The climb is not yet achieved and we may dive further but you have shown your balls of steel and deserve recognition. Bonus points if you bought the dip under 40K ! You may even already be back in profit depending on how much your poured into the dip. Honestly be proud of you, crypto is wild and can grind your nerves but in the long run you may make good money ! TLDR: Congrats to those who didn't sell at a loss in the hope to swing trade.TLDR2: Obvious WOW congrats to those who were able to swing trade and successfully did it ! Let's keep calm and continue to DCA/ buy dips/ but stay steady ! [link] [comments] | ||
| Posted: 05 Feb 2022 03:20 AM PST It never closes and that's probably where the obsession lies for so many: there's no weekend or nighttime reprieve from the upticks and downticks. You know that when you go to bed and when you wake up in the morning something will have changed in your portfolio; things jump up or fall off of a cliff our of nowhere and you're just lying there thinking about what you're going to buy when it all works out (because it feels like an inevitability); you wake up and shrug off the -5% because you're sure that eventually it'll be made up, and it might not even take that long because of how quickly things seem to gain or lose momentum. At first it's stressful but if you stick around you develop a kind of gallows humour where you just laugh and wait for the next day to come around to throw more coins into the money pit. Because one day you know you'll have enough for that little impractical squashed-looking yellow car. [link] [comments] | ||
| Posted: 05 Feb 2022 01:23 AM PST Whenever Govt use this language, it generally means things are going to go bad for lot of people. And this time they declared Crypto - a threat to national security. Maybe it is just because of transparent nature of Cryptocurrencies, and people in govt hates transparency. In coming weeks, we might see Govt taking some ridiculous steps to neutralize this so called "National Threat".The question is when but it is happening for sure As the process is already started, where individuals like Treasury Secretary would get enough powers to prohibit any Crypto Transactions without any process or rules.Rest you can imagine. It's just ironic that, Mexican Drug Cartels laundering millions of dollars via global banks never seen as a threat to "national security" and its not any conspiracy theory, it's proven multiple times that Banks laundered money for drug cartels, and even govt had enough evidence of that but not a single person ever went to jail. As Govt thought that taking action against such banks would destroy the global economy. So it's better to get a cut from their dealings with drug cartels. [link] [comments] | ||
| A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum Posted: 05 Feb 2022 02:25 AM PST
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