Cryptocurrency Daily Discussion - March 6, 2022 (GMT+0) |
- Daily Discussion - March 6, 2022 (GMT+0)
- Ukraine: We are able to operate internationally because of Bitcoin & Crypto - Deputy Minister
- Gold outperforms Bitcoin as a store of value as BTC drops below $40K
- Jasmy Token - RUG PULL WARNING
- Don't look at your portfolio
- Ukraine Buys Military Gear With Donated Cryptocurrencies | Expects crypto donations to reach $100 million soon
- Crypto.com is not an Airport
- Ukrainian govt rugged those who were planning to Game the airdrop
- If anybody is looking for a new place to park your coins for a decent yield, following CDC’s or Celsius’ recent rates cuts
- The Russian Conflict Shatters Ruble Indicating a Bull Sign For Bitcoin – Bill Miller
- In my country, Western Union takes $50 per $1000 transfer. Binance takes $1…
- PSA: Keep your nerves up. Now is the best time to buy.
- How much money is enough to be content?
- How is possible that r/CryptoMoonShot is scamming people and nobody is doing anything??
- Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender - The municipality wants businesses to accept crypto in everyday transactions.
- Visa, Mastercard suspend operations in Russia. Some people may be pushed to use alternative forms of payments like crypto.
- I love it how crypto exchanges are standing up and protecting Russian people that have nothing to do with the war. That's what crypto is about, protecting the normal people.
- Why are Crypto prices so tied together?
- A bill has been introduced in the the state of Louisiana which is to allow Cryptocurrencies to be accepted as payment for taxes, licenses, fees & penalties!
- Swiss City Makes Bitcoin 'De Facto Legal Tender' | CoinMarketCap
- US Lawmakers Working on Policy to Open Crypto Markets to Institutional Investors, Says Kevin O'Leary
- Algorand now accepted by Lofty.ai for real estate investment!
| Daily Discussion - March 6, 2022 (GMT+0) Posted: 05 Mar 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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| Ukraine: We are able to operate internationally because of Bitcoin & Crypto - Deputy Minister Posted: 05 Mar 2022 02:07 PM PST
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| Gold outperforms Bitcoin as a store of value as BTC drops below $40K Posted: 05 Mar 2022 11:27 AM PST
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| Jasmy Token - RUG PULL WARNING Posted: 05 Mar 2022 03:22 PM PST This coin is a slow rug pull where the devs are bleeding out the coin. They have been selling BILLIONS of coins over the past few months, straight onto the market. The coin has gone from $5 to 1.3c as is still continuing to drop 50% every week, this is dangerous as it is listed on a few big exchanges. You want proof? https://etherscan.io/token/0x7420B4b9a0110cdC71fB720908340C03F9Bc03EC#balances Take a look at the top wallet holders. A single Binance wallet has almost 4billion coins, that is supposedly 80% of the 4.7b total supply? How does that happen? I'll tell you how, the circulating supply of 4.7b is a total lie! If you add up the holding wallets, it easily passes 20billion in circulating supply! Want more proof? This is the latest of many wallets that are just constantly dumping in batches of 500m tokens. I have been tracking these wallets and they continue to release coins in batches of 500m into the market, maybe to cover their tracks? Every few days 500m coins are dumped in the market. There are about 25 of these 500m wallets, only about 12 have been released, so they will be releasing another 6.5 Billion coins in the coming months or even weeks! Want further proof? Have a look at their latest announcements. They are always riddled with spelling and graphical errors. The kicker? They couldn't even spell their own product name correctly. I am not making this up, look at it yourself! And when you look into the content of their announcements? It's all meaningless fluff that chucks in a few buzz words here and there, an absolute joke! They recently hosted an AMA. Normally an AMA would be someone from the team. Instead it was an absolutely random person with a fake identity hosting it, the person doesn't even exist! It was cut off early due to "technical difficulties". I am assuming they realised too many people caught on. This is an obvious scam that needs to be delisted! Make this known to protect innocent people from losing their hard earned money! This price has dropped 99.5% and the scam community still tells people to buy into it! DO NOT BUY THIS COIN! Edit - this has been cross posted on the JASMY reddit and they are downvoting this post! Don't let them hide the truth. Edit - Take directly from the JASMY website and translated. "Precautions regarding solicitation regarding cryptographic assets (virtual currency), etc. from the Company or a person who claims to be an affiliated company of the Company Recently, we have been inquired that there is a person who sells crypto assets (virtual currency) by deceiving our name. Although it has already been reported in the media, the Consumer Affairs Agency, Financial Services Agency, and Police Agency are calling attention to the increase in troubles related to so-called "cryptocurrencies (virtual currency)" that are traded electronically via the Internet. We or our affiliated companies do not sell crypto assets (virtual currency). In addition, we do not make inquiries to customers. The seller of crypto assets (virtual currency) that masquerades as our company has nothing to do with us. Please be careful not to pay the purchase price or other money of crypto assets (virtual currency). In addition, the seminars and information dissemination by Jasmy's official supporters and groups / associations that claim to be the community, and the act of selling cryptographic assets (virtual currency) have nothing to do with our company. Since February 2020, the only one that we have officially operated or authorized to operate is the developer support IoT service co-creation community "Jasmy League" posted on our website. We monitor the activities of the informal community that has been officially recognized by Jasmy in a timely manner, and take appropriate measures for the detected items in accordance with our information agency." Seems like the Rug pull is in its final stages, now they are claiming that there is no Jasmy token. I tried my best to warn everyone. [link] [comments] | ||
| Posted: 05 Mar 2022 12:18 PM PST So today I made a grave mistake, I opened up some things and calculated how much money I'm down after three weeks of not looking at anything. I'm not going to lie to you, it was a sad sight and I now find myself drinking my second beer and contemplating my decisions in life. My advice to you is don't look! Don't Look!if you don't look then your not down. I'm just going to wait another two to three months before I dare open things up again, maybe by then it will bounce back or be completely gone. I'll just have to continue to shit post on here for now and hope for the best. TLDR: my shit is fucked! [link] [comments] | ||
| Posted: 05 Mar 2022 09:09 PM PST
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| Posted: 05 Mar 2022 09:09 AM PST You don't have to announce your departure. So your precious interest rates have been Nerfed by the Man? Aww, Welcome to capitalism. There's supply and there's demand, there's inflation and evolving financial regulations. Manage your expectations. A word of advice: don't bemoan your hardship to someone more familiar with traditional finance. You will get laughed at. You will be told to take a nap. Crypto.com isn't here to nurse your emotions. companies fail when they are unable to make hard decisions and evolve with the growing demands of the economy. Your disgruntled proclamations and threats of departure will not help anything. More importantly, the clamoring malcontents have profoundly missed the actual value and opportunity that CDC provides. Just weeks ago, the entire crypto community was wokecasting how important it is to move away from Centralized Exchanges because of sanctions and frozen assets, Canadian and Russian tyranny, blah blah… well here's the opportunity, and it's called Cronos. VVS, MM Finance, Tectonic and beefy finance— these are noteworthy names in the DeFi LP/yield farming sector. Cronos dapps are gaining quick traction and the entire ecosystem is only 5 months old. Your precious 12% on stablecoins is laughable compared to the opportunities and financial freedom this environment offers and yet everyone is too busy Karening off at CDC to notice or care. I'm not surprised at all that this news has become the latest claim to victimhood, that's the only way people around here know how to get attention, thinking they're all savvy and righteous. Can we please for once take a moment to appreciate how Cronos is a hell of a lot easier and usually cheaper to use than your average DEX? It's time to get the ball rolling people, put your money where your mouth is. I'm not going anywhere, my faith in the future of CRO and CDC is as strong as ever, and I strongly urge you all to re-examine your options. There's a great case for optimism here, you only have to want to see it. [link] [comments] | ||
| Ukrainian govt rugged those who were planning to Game the airdrop Posted: 05 Mar 2022 08:31 PM PST As soon as news came out that the Ukrainian govt is planning to airdrop an unknown token to those generous people who contributed to help Ukraine in war,as a thankyou.
The new donors were hoping to make a minimal donation,then get airdropped tokens in return that - who knows might somehow wind up being worth more than the donations. And entirely new wallets suggests users pretending to be multiple people so they can claim the airdrop more than once. In the end, Ukrainian govt had to cancel the airdrop and This is where those Degens got rugged. [link] [comments] | ||
| Posted: 05 Mar 2022 06:04 PM PST You should take note and take advantage of the very low gas fees right now. We might not have such a golden opportunity like this for a while. ERC-20s are just asking to be transferred right now haha. 29 gwei is quite 👌 Looks like we're back to fossil fuels being the gas fees we're outraged by. And I, for one, welcome this little blast from the past. ERC-20 gas fees produced a completely different, enhanced sort of outrage. I'll welcome any reprieve I can get from all that. Furthermore, if you're curious about where to get the highest APY on your coins you're more than welcome to use this APY comparison tool I put together that details rates paid on over 200 coins. [link] [comments] | ||
| The Russian Conflict Shatters Ruble Indicating a Bull Sign For Bitcoin – Bill Miller Posted: 05 Mar 2022 10:01 PM PST
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| In my country, Western Union takes $50 per $1000 transfer. Binance takes $1… Posted: 05 Mar 2022 08:16 AM PST There's also the fact that most Western Union stations have closing times and they also don't do work on Saturdays and Sundays. Crypto is available 24/7 so long you have an internet connection. You can also send money from and to ant other place you desire on this planet (again so long there's internet connection). All of this combined, why would I use Western Union? Especially when they charge so much when I can easily send or receive funds for insignificant fees using Binance or Baanx? The only reason Western Union is still a thing is cause most people still don't know what crypto is and don't know how to operate a wallet (all of which will eventually be solves a few years down the line). [link] [comments] | ||
| PSA: Keep your nerves up. Now is the best time to buy. Posted: 05 Mar 2022 07:50 PM PST Just a reminder and a simple encouragement letter to all of those of you who think of selling - don't. No matter what currently happens; we're still in the midst of a Black Swan cause of Russia-Ukraine, but don't sell, under any circumstance, unless you inevitably need to. You cannot foretell the exact effects of a Black Swan on markets. Instead of massive market fear we might be already at the bottom, and you wont want to miss out on it - while we might still go lower, one thing is for sure, though; sooner or later, we will rebound. Most of you will probably have a loss over the past week especially, I heard for many it is months, I for my part went in BTC at 40k, it's not good either way, but patience is key in those moments. I personally recommend waiting in such times, above all. We're all swimming in ice cold water here, but historically the greatest upsweeps came after the greatest crashes. Keep buying in, you won't see such prices in a while anymore. It might be weeks, months, or even years, but once we go up again, it will be huge (unless we're all going to be bombed away but that's a Black Swan I wont take into consideration for the sake of this post), and you'll want to be in. That's all I have to say. Hold, and keep buying in at a steady rate. You will thank yourself once we head back up. [link] [comments] | ||
| How much money is enough to be content? Posted: 05 Mar 2022 10:30 PM PST And why is a million dollars "the thing"? Is that the bar for life changing money? I know some people say they want to be a millionaire jokingly but some people do want it, and of course some people have the means to attain that. But is that really what people in this sub realistically believe or is it more of a joke? I genuinely don't feel like I need that much. And hey maybe because the chances are low because I'm not rich but tbh I'd be very content with 50-100k. I started getting into crypto a year ago, like most people here now, and I didn't hit 10k until 9ish months in. And that felt great. I understand everyone lives a different life so a 'large sum of money' is subjective. For you 1k is not a lot, for someone else it's a milestone. Maybe I'm associating life changing money with enough money to retire, but since that's not realistic in my eyes (for me) I'm okay with enough to be "content" who knows. Is there a difference to you guys? [link] [comments] | ||
| How is possible that r/CryptoMoonShot is scamming people and nobody is doing anything?? Posted: 05 Mar 2022 01:11 PM PST Few days ago i saw post on r/CryptoMoonShots with "Stop paying Taxes on Pancakeswap (Slippage abuse)!". This tutorial tricks people to allow fake pancakerouter contract to spend their BUSD token without limit in promise of avoiding fees and buy tax. In reality contract owner just need to call 'trasferGas' function to transfer all your BUSD to his wallet. here is a link to post https://www.np.reddit.com/r/CryptoMoonShots/comments/t52nbq/stop_paying_taxes_on_pancakeswap_slippage_abuse/ if you dont want to click link then here is some info: scammer addres is 0x6331299497e4dFc48005fdaecCBc2aeA11CDa456 his fake pancakerouter addres is 0x9A68930FbeFeAB3A01d26aC8c178A552fCa313B3 if you go through transactions on bsc he already scammed some people for more then 2k BUSD After research i've made a comment on that post with warning and after some time i've got message that i got banned from that subreddit. So wtf ? is it okay to scam people on reddit ? I know that r/CryptoMoonShots is mostly scam but c'mon. [link] [comments] | ||
| Posted: 05 Mar 2022 07:30 PM PST
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| Posted: 05 Mar 2022 10:01 AM PST A couple of countries have now openly stated that crypto exchanges should exit Russia just as most companies. This is very furious for the governments as crypto is the only thing they have no control on. They can suppress companies to exit crypto, they can do the same with people but not crypto. I'm extremely happy that Crypto Exchanges are taking a stand on not going out of Russia. Because they know that the innocent people there have nothing to do with it and such bans are only affecting those. Especially in a time of inflation and where people are scared of their government they need crypto. Lets hope they stay on that opinion and continue supporting the innocent Russian people and not let themselves get suppressed by those governments. That's what crypto was meant to be. And should be. [link] [comments] | ||
| Why are Crypto prices so tied together? Posted: 05 Mar 2022 02:29 PM PST I've been reading about nonstop development and endorsements on SOL, ETH, especially Algo, etc. It seems like news does barely a thing to separate these markets. When companies release new products, hire star talent, announce partnerships, you see it break from the trend and respond a little more compared to others in its industry/class. Why does it seem that regardless of how good a couple of blockchains are, they don't seem to break trend. Cardano was the only one I witnessed really break the trend until SOL. It just doesn't seem to have rhyme or reason unless I'm missing obvious catalysts. Some of them are obviously exceeding others in productivity and creation. What are your thoughts? [link] [comments] | ||
| Posted: 05 Mar 2022 01:55 PM PST | ||
| Swiss City Makes Bitcoin 'De Facto Legal Tender' | CoinMarketCap Posted: 05 Mar 2022 09:53 PM PST
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| US Lawmakers Working on Policy to Open Crypto Markets to Institutional Investors, Says Kevin O'Leary Posted: 05 Mar 2022 05:03 PM PST
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| Algorand now accepted by Lofty.ai for real estate investment! Posted: 05 Mar 2022 03:36 PM PST
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