Cryptocurrency News & Discussion

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The original was posted on /r/cryptocurrency by /u/Omn1Crypto on 2024-01-06 18:58:08+00:00.

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The original was posted on /r/cryptocurrency by /u/fegewgewgew on 2024-01-06 18:54:23+00:00.

see a lot of skeptics in this subreddit. May be time to do more research. Hedera keep building during the bear, onboarding more and more enterprise use cases, the most recent being Avery Dennison's RFID tracking of supply chain launching and pumping on average 500tps.

Hedera is over 4 billion transactions Mainnet. They recently announced via council meeting minutes that they wish to fill out the rest of the council totalling 39 memebers.

If you ever passed over Hedera (I did because of the original name 'Hedera Hashgraph' - they've since dropped the hashgraph), it may be time to check it out.

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The original was posted on /r/cryptocurrency by /u/erjo5055 on 2024-01-06 17:55:56+00:00.

We all know how BTC and ETH historically perform during Bull Runs, but what's different this time?

ETH Is now deflationary, while BTC remains inflationary

Historically, ETH has had a much higher inflation rate than BTC, leading to lower price appreciation during bull runs due to greater increase to supply.

Remember price is a function of supply and demand which is why halving events correlate with price appreciation.

Dec 2017:

BTC Inflation Rate: 4.39%

ETH Inflation Rate: 10.59%

Inflation Margin (difference): 6.20% in BTCs favor

Dec 2021:

BTC Inflation Rate: 1.86%

ETH Inflation Rate: 5.20%

Inflation Margin (difference): 3.34% in BTCs favor

2024 (Post April BTC 2024 Halving):

BTC Inflation Rate: 0.87% after halving, 1.75% current

ETH Inflation Rate: -0.28%

Inflation Margin (difference): 1.15% in ETHs favor after halving, 2.03% in ETHs favor currently

Conclusion: If ETH demand preforms the way it historically does relative to BTC, price appreciation relative to BTC should be greater this bull run, as this is the first bull run where BTCs supply will be increasing faster than ETHs.

Consider that ETH ETFs will follow when BTC ETFs are approved

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The original was posted on /r/cryptocurrency by /u/ZLOWTOV on 2024-01-06 15:22:13+00:00.

While looking through my uphold app yesterday I stumbled across BONK. This coin is pungent with the stench of DOGE and SHIB. Is there any real evidence indicating that this will get pumped the same way? It’s clear that this thing is being traded pretty heavily. But what is the reason? Can anyone fill me in on what this really is? When I look at this thing, all I see is a useless shit coin. So why in the world is the 24 hour volume over 70 million? Regardless of what you guys say I will be putting my pennies into it for shits and giggles. I’m just looking for a more in depth explanation from someone more knowledgeable.

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The original was posted on /r/cryptocurrency by /u/Yoohooligan on 2024-01-06 16:19:30+00:00.

When I need to fund (or withdraw) my accounts on different CEX's that I can't fund with fiat I use XLM and I suspect many other people do as well as it's cheap and fast to send.

I always expect to see the price of XLM shoot up when there is a big event happening that triggers buying or selling pressure but this doesn't seem to happen. XLM does vary fairly widely in price over time, it's not a stable coin, but not specifically tied to a big event.

Is this relative stability of XLM price because people are buying and selling XLM in a short period of time cancelling out or is it because they are funding with other tokens or...?

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The original was posted on /r/cryptocurrency by /u/Yoohooligan on 2024-01-06 16:19:30+00:00.

When I need to fund (or withdraw) my accounts on different CEX's that I can't fund with fiat I use XLM and I suspect many other people do as well as it's cheap and fast to send.

I always expect to see the price of XLM shoot up when there is a big event happening that triggers buying or selling pressure but this doesn't seem to happen. XLM does vary fairly widely in price over time, it's not a stable coin, but not specifically tied to a big event.

Is this relative stability of XLM price because people are buying and selling XLM in a short period of time cancelling out or is it because they are funding with other tokens or...?

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The original was posted on /r/cryptocurrency by /u/SavingInLondonPerson on 2024-01-06 16:16:42+00:00.

Monero GUI, I put in a wallet address, check the transaction summary, address looks good so I click send. No money arrives so I check transaction history in the GUI - it sent it to a completely different unknown address?

Not a huge amount so that’s not the main concern, more like wtf happened? It’s an official download, and I’ve sent and received with no issue before. It’s a MacBook aswell, do I really have malware? Haven’t downloaded any suspicious files, and in any case I’ve got pretty strong permission limiting so this is strange.. I’m especially confused because it didn’t edit my clipboard like I would’ve expected it to, the address was correct in the summary.

What do I do now, just wipe the laptop? Is there any other reason this could’ve happened? Thanks.

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The original was posted on /r/cryptocurrency by /u/SavingInLondonPerson on 2024-01-06 16:16:42+00:00.

Monero GUI, I put in a wallet address, check the transaction summary, address looks good so I click send. No money arrives so I check transaction history in the GUI - it sent it to a completely different unknown address?

Not a huge amount so that’s not the main concern, more like wtf happened? It’s an official download, and I’ve sent and received with no issue before. It’s a MacBook aswell, do I really have malware? Haven’t downloaded any suspicious files, and in any case I’ve got pretty strong permission limiting so this is strange.. I’m especially confused because it didn’t edit my clipboard like I would’ve expected it to, the address was correct in the summary.

What do I do now, just wipe the laptop? Is there any other reason this could’ve happened? Thanks.

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The original was posted on /r/cryptocurrency by /u/gerrymandersonIII on 2024-01-06 16:02:40+00:00.

Is crypto mostly just a form of investment with not much real life value? I can't see crypto ever being an actual day to day transactional currency for many reasons. Not being centralized, it can't be insured like FDIC can, so it intrinsically is vulnerable. I can't imagine any reasonable person putting their life savings in crypto with not only the heavy swings in value, but also the possibly of either losing the key or it being hacked and now all your money is gone. It seems to be more a speculative investment, like stock, and the main hype comes from younger people who can put their 1000 dollar life savings in it and if it gets lost, it's not a huge deal. Am I missing something besides the pie in the sky hope that people think it'll moon and they'll be rich?

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The original was posted on /r/cryptocurrency by /u/quickacrita on 2024-01-06 15:54:58+00:00.

Hi folks. Looking for some tools/strategies for taking profit if we get a bull like history indicates. Does anyone have resources to help educate myself further on this or compare different strategies?

I’ve been watching Ben Cowen, Plan B etc showcasing various charts and market conditions to consider but I’d like to translate these into a plan for my own portfolio. I’m happy to roll up my sleeves and create a spreadsheet if need be but wondering if there’s anything out there that can streamline the process?

Many thanks

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The original was posted on /r/cryptocurrency by /u/sociallyinteresting on 2024-01-06 15:04:23+00:00.

Where can I buy if I can’t use the above mentioned platforms? There must be other exchanges or platforms that work in the UK? Banks seem to want to block it all and it’s a pain.

Other platforms like HTX or Kucoin don’t accept payments either.

Not sure where I can buy. The above won’t accept my bank cards or bank transfers because I’m UK based and there seems to be restrictions. (Coinbase actually blocked me and I’m not sure why).

Are there any other exchanges that would take card details or transfers to purchase crypto from UK bank cards?

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The original was posted on /r/cryptocurrency by /u/PhillCoins on 2024-01-06 15:02:49+00:00.

Aight guys, I think it's time to start a thread with the best/ most important/ fun dates within the crypto world - that we celebrated so far. I'll start with a few examples so it gets easier, but I would like to know what I might be missing. I'm looking to get as many degen 'crypto-holidays' as we can. C'mon, I know you all want this as well since there's a bull right around the corner.

Aight, here's what I have so far:

• January 3: Bitcoin's Genesis Block Anniversary
• January 12: World Crypto Conference 2024, Zürich, Switzerland
• February 9: Ethereum's Birthday
• March 10: Cardano's Birthday
• April 23: Binance Coin's Birthday
• May 22: Bitcoin Pizza Day
• November 15: Ethereum Classic's Birthday
• December 10: Monero's Birthday

Let's see what we find here! GO!

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The original was posted on /r/cryptocurrency by /u/Electrical_Tension on 2024-01-06 14:38:16+00:00.

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The original was posted on /r/cryptocurrency by /u/juicyyy8 on 2024-01-06 14:07:39+00:00.

Delete if not allowed, but it seriously sucks coming here to this sub and most of the time it is someone shilling their solana shitcoins trying to convince someone to buy into them.

Most of the tile I want to discuss serious projects and not bullshit.

Sick of it, hence I bring you the solution! Join that community and post your shit coins there and leave this sub alone😤👉🏻

I seriously want to come here and discuss solid projects which are relevant to the CryptoCurrency Sub.

Thanks

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The original was posted on /r/cryptocurrency by /u/shark1777 on 2024-01-06 13:58:59+00:00.

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The original was posted on /r/cryptocurrency by /u/Timmi3000 on 2024-01-06 13:32:09+00:00.

Has anyone used the Timeless X Wallet on Linea before. When it works, it does alright (interacting with dapps) but right now, I'm kinda lost. I tried sending funds back to my MM Wallet but they never arrived. Has anybody else had the same issue. I made sure to paste the right address when sending funds but still they never arrived.

If anybody can help me out, that would be appreciated and I might send you a little reward.

Here's the Hash: 0x9e11b84de5a2e48372d6280a98c11899e7f7fe39a927d09f6ab00db4827c4a4d

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The original was posted on /r/cryptocurrency by /u/LincHamilton on 2024-01-06 11:12:16+00:00.

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The original was posted on /r/cryptocurrency by /u/goldyluckinblokchain on 2024-01-06 10:40:19+00:00.

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The original was posted on /r/cryptocurrency by /u/nicegaii on 2024-01-06 10:07:25+00:00.

Hi everyone. I staked a few BnB Tusd and Fusd for the new Xai launchpad, and the rewards show in my earn section.

I followed the procedure to harvest the rewards and they show up as awards received in the rewards of the launchpad section, but nowhere in my spot or funding wallet. Can someone experienced with binance launchpools kindly guide me why this is happening and if I am missing anything?

Would appreciate any valuable advice regarding this.

P.s Please Don’t dm me saying I’ll do it for you! Just comment please so everyone with the same issue or similar query can benefit from the knowledge.

Thanks.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2024-01-06 10:01:23+00:00.

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The original was posted on /r/cryptocurrency by /u/chanchanchanchaaan on 2024-01-06 08:22:05+00:00.

LRC, XMR

Short post. Besides bitcoin and Ethereum I only understand LRC and XMR and only see these performing well during an alt season. I’ve only been interested in crypto for 3 years or so. Made some money off of DOGE and lost money in LRC. The whole point of this post is that LRC and XMR both have value in their use case. LRC is an L2 and XMR is a privacy solution. I can understand why people would want to use the loopring smart wallet and even buy LRC tokens to either make some money from transactions or from other companies buying the token. XMR is for criminals and we’ll never run out of those. I find these to be easy buys even after another scare or recession this year. What do you guys find to be easy buys?

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The original was posted on /r/cryptocurrency by /u/chanchanchanchaaan on 2024-01-06 08:22:05+00:00.

LRC, XMR

Short post. Besides bitcoin and Ethereum I only understand LRC and XMR and only see these performing well during an alt season. I’ve only been interested in crypto for 3 years or so. Made some money off of DOGE and lost money in LRC. The whole point of this post is that LRC and XMR both have value in their use case. LRC is an L2 and XMR is a privacy solution. I can understand why people would want to use the loopring smart wallet and even buy LRC tokens to either make some money from transactions or from other companies buying the token. XMR is for criminals and we’ll never run out of those. I find these to be easy buys even after another scare or recession this year. What do you guys find to be easy buys?

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The original was posted on /r/cryptocurrency by /u/aItalianStallion on 2024-01-06 04:52:55+00:00.

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The original was posted on /r/cryptocurrency by /u/aItalianStallion on 2024-01-06 04:55:05+00:00.

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The original was posted on /r/cryptocurrency by /u/jam-hay on 2024-01-06 04:53:13+00:00.

Well, think it's safe to say Thomas P. Vartaninan isn't a fan 😂