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The original was posted on /r/cryptocurrency by /u/No-Elephant-Dies on 2023-12-30 17:39:00+00:00.

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The original was posted on /r/cryptocurrency by /u/No-Elephant-Dies on 2023-12-30 17:39:00+00:00.

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The original was posted on /r/cryptocurrency by /u/BruteSilverback on 2023-12-30 17:59:19+00:00.

Original Title: Insider Protocol might be the next game changer especially with the upcoming birth of CBDC and regulation, Insider Protocol emerges as a cutting-edge platform, ready to navigate and capitalize on the shifting dynamics.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-30 17:58:21+00:00.

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The original was posted on /r/cryptocurrency by /u/No-Elephant-Dies on 2023-12-30 17:39:00+00:00.

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The original was posted on /r/cryptocurrency by /u/drjacks on 2023-12-30 12:59:37+00:00.

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The original was posted on /r/cryptocurrency by /u/drjacks on 2023-12-30 12:59:03+00:00.

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The original was posted on /r/cryptocurrency by /u/inducedconfusion on 2023-12-30 11:21:42+00:00.


Does anyone know what the correct mathematical formula for finding the optimal compounding frequency for crypto staking is? Say I have 2000 of a token and it costs 0.7 tokens to compound it. The current APR is approximately 85%. How would I write this equation out?

Something like: (2000 x .85) / 365 = 4.657 daily on principal

(4.657 x .85) / 365 = 0.0108 - 0.7 = -0.6892 on daily interest if compounded

32.599 - 0.7 = 31.899 7-day compound

So (32.599 x .85) / 365 = 0.0759

But how would I go about calculating when the value over time from the accrued interest earning interest value outweighs the cost of the compounding?

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The original was posted on /r/cryptocurrency by /u/Cannister7 on 2023-12-30 10:50:16+00:00.


DMs disabled so scammers can fuck off. Anyway the wallet is empty except for moons.

So, I imported my reddit vault into Metamask and set up Arbitrum Nova and added moons, that's all fine. I have added the metamask extension before and kept the seed phrase but I never actually used it for anything, so when I wanted to add the Vault, I did a new install because that was the way to be able to add my Vault seed phrase. So my previous Metamask account is irrelevant really, I just mention it because I do understand that when you create an account from scratch, it gives you a new seed.

The thing is, I also wanted to use Metamask to connect to uniswap etc, so obviously I would add other funds, but I don't really understand, because I don't have a seed phrase for Metamask itself, only for the imported Reddit vault.

I tried creating a second account but that didn't give me a seed, just a different wallet address. Wouldn't I need to have a separate seed for a separate wallet on Metamask?

I was trying to keep everything separate for safety, but this way it seems like everything is going to be linked under the one seed, but I don't really understand why that is, especially when they would be on different networks.

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The original was posted on /r/cryptocurrency by /u/fap_fap_fap_fapper on 2023-12-30 10:18:18+00:00.

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The original was posted on /r/cryptocurrency by /u/_Stealthy on 2023-12-30 09:27:46+00:00.

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Crypto State (www.youtube.com)
submitted 2 years ago by [email protected] to c/[email protected]
 
 
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The original was posted on /r/cryptocurrency by /u/_Stealthy on 2023-12-30 08:57:40+00:00.

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Crypto State (www.youtube.com)
submitted 2 years ago by [email protected] to c/[email protected]
 
 
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The original was posted on /r/cryptocurrency by /u/_Stealthy on 2023-12-30 08:57:40+00:00.

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The original was posted on /r/cryptocurrency by /u/vexbeast on 2023-12-30 08:02:29+00:00.


So I recently bought a car in cash from my savings. Now I‘ve got close to 3x more value in crypto than on my savings account. Should I take some of it out to clear a little bit of that gap or should I just ride the rollercoaster? I don‘t know how reasonable it is to have close to 3x more value in crypto after this situation. Any advice? I still have a decent amount left in my savings, just in case some bigger failure comes with the car. Smaller things like maintaining I can do easily myself. I have a hard time selling as well, since the halving is in near sight. Would appreciate any input you guys have or what you guys would do in this situation!

Edit: not going to accept private chats

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The original was posted on /r/cryptocurrency by /u/raulbloodwurth on 2023-12-30 06:26:36+00:00.

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The original was posted on /r/cryptocurrency by /u/vexbeast on 2023-12-30 08:02:29+00:00.


So I recently bought a car in cash from my savings. Now I‘ve got close to 3x more value in crypto than on my savings account. Should I take some of it out to clear a little bit of that gap or should I just ride the rollercoaster? I don‘t know how reasonable it is to have close to 3x more value in crypto after this situation. Any advice? I still have a decent amount left in my savings, just in case some bigger failure comes with the car. Smaller things like maintaining I can do easily myself. I have a hard time selling as well, since the halving is in near sight. Would appreciate any input you guys have or what you guys would do in this situation!

Edit: not going to accept private chats

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The original was posted on /r/cryptocurrency by /u/raulbloodwurth on 2023-12-30 06:26:36+00:00.

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The original was posted on /r/cryptocurrency by /u/OtherwiseBass8868 on 2023-12-29 12:16:02+00:00.


Hello all, recently I have been considering how cryptocurrency and ETFs balance decentralization with centralization in terms of my thoughts as a layman and wanted to know yours...

Cryptocurrency Decentralization: Most cryptocurrencies are built around decentralization. E.g. Bitcoin and its peers operate using blockchain tech, dispersed across nodes worldwide without a central authority dominating decisions.

Centralized Aspects of Crypto: But cryptocurrency doesn't always remain decentralized. Consider Coinbase or Binance, both giants in the industry for trading but which also maintain control of user funds during exchange processes.

Exchange-Traded Funds:

ETFs offer another investing tool with which cryptocurrency could potentially enter mainstream investment avenues when crypto ETFs inevitably become a thing.

As I've seen, centralization debates often circle around:

Exchanges: How centralized exchanges exert control over trading.Mining Pools: Concentrations of mining power among a few large players in cryptocurrencies like Bitcoin.Regulatory Impact: Examining how regulatory actions can alter the decentralized nature of cryptos.

ETFs could help usher certain aspects of crypto into more regulated and centralized spaces as they operate within established financial frameworks. Which probably is the most realistic way for crypto to slip into everyday use.

It seems like ETFs could add another element, potentially bringing some crypto assets into more traditional financial settings. But is this moving away from the decentralization philosophy that birthed crypto in the first place?

What are your thoughts on the balance between decentralization and centralization in the cryptocurrency space?

Edit: It seems I am misunderstanding the entire concept as a layman, is it just difficult for me to pick it up or will the general public have this misunderstanding as well?

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The original was posted on /r/cryptocurrency by /u/Electrical_Tension on 2023-12-30 03:46:02+00:00.

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The original was posted on /r/cryptocurrency by /u/aItalianStallion on 2023-12-30 03:26:18+00:00.

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The original was posted on /r/cryptocurrency by /u/NHLroyrocks on 2023-12-30 03:03:51+00:00.


I have heard opening a lightning channel is expensive since it must be done on L1. Are there any services where some whale basically already had a ton of BTC on lightning and if you give them cash money they will load you up with some lightning BTC for a tiny fee?

Ideally you would be able to be paid via lightning without any meaningful fees but until that is a reality what’s the least friction way to get onto L2?

Filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler filler

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The original was posted on /r/cryptocurrency by /u/gigabyteIO on 2023-12-30 00:56:17+00:00.

Original Title: Remember influencers are not out to help you. We're the product! They exist to influence what we do and what we think! Behind the scenes, they're run by marketing agencies and bankers that want to instill narratives and shape beliefs! Remember this, when you consume them. (InvestAnswers/Coin Bureau)


It's important to remember this, especially as the bull run commences. These channels are here to influence us, they masquerade as master traders who are just trying to give us alpha that is "informational" and "educational" all the while they market to us and behind the scenes are paid to influence us. They are not utilitarian and altruistic, they are manipulative and deceptive. They have teams that are paid to provide us with dazzling and mesmerizing graphics and charts that plant beliefs in us, but they're shaping narratives and forwarding an agenda, do not be fooled and lulled into complacency. They're wolves who herd us like sheep.

Everyday they shill investment advice, but are protected by the pedantically worded Terms of Service buried within their websites. They do everything they can to influence and shape our beliefs, purchases, and investments but take zero responsibility for anything.

____________________________________________________________________________________________________________

Let's take a look at InvestAnswers. His whole website and Youtube channel is based around giving you investment advise. Take a look at his "not financial products". They look like financial products to me. He has a whole gambit of increasingly expensive investing "tools" for gullible people. Please have a look for yourself!

Wow, for just 174$/month you can take all these investing suggestions and advice, you're gonna be RICH!

But then take a look at the ToS, absolving them of any responsibility. And by the way, InvestAnswers isn't giving you investment advice and is not a financial advisor or investment advisor, this is all just make believe, it's just ENTERTAINMENT!

It's just for entertainment! Haha, are you not entertained?!

For giggles give this little video of InvestAnswers a gander, you won't be disappointed:

____________________________________________________________________________________________________________

Now, for good old CoinBureu, the lovely completely unbiased gentlemen who is just out to help the lowly little crypto investor, he is just here to help you! Can't you see it!

Good ole little CoinBureau is a subsidiary of , previously V3.digital. These wonderful little enterprises are are DIGITAL MARKETING FIRMS. And you guessed it, they're here to help educate and inform you to the best of their ability... (haha, did you believe that?).

CoinBureau is a BRAND operated by MoonRock Media.

If you read through the ToS, it's the usual bit absolving them of any liability. Nothing they say is investment advise, they're all just here for entertainment and education! Except they stand by nothing they say and cannot be held liable for false information!

Who would have thought?! They get paid to market to you.

It's pretty weird how V3 and Moonrock look exactly the same and do the exact same thing:

MoonRock

V3 Digital

Coin Bureau was founded by Nic Puckrin:

Nic Puckrin using all the money you made him to do cool things.

Nic Puckrin using all the money we made him to race McLaren's! Don't worry you will do the same one day if you just listen to his advice on Coin Bureau!

Nic Puckrin on the best TRT funded by all the shilling. He is here to help!

He and Guy using all the money we made them to buy dinners in Dubai.

Nic Puckrin, is a former investment banker from Goldman Sachs. Definitely someone you can trust and is looking out for your well being, we're all here because we love bankers, right!

Citibank and Goldman Sachs

Guy, the quirky lovable main character of the channel is a literal ACTOR. His cute English accent and likable demeanor are setup purposefully to INFLUENCE YOU.

To put it bluntly, Coin Bureau is founded and bank rolled by a Goldman Sachs banker, head quartered in Dubai and is operated by a sketchy digital marketing firm out of god knows where and by god knows who. There is almost zero information on who owns it and where it is located.

Stay safe out there folks, and remember all this stuff when consuming anything by influencers. They're trying to influence you!

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The original was posted on /r/cryptocurrency by /u/CryptoDaily- on 2023-12-30 00:00:35+00:00.


Welcome to the Daily Crypto Discussion thread. 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.


 

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
  • Comments will be sorted by newest first.

 

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The original was posted on /r/cryptocurrency by /u/ZestycloseProfessor9 on 2023-12-29 22:41:41+00:00.


Calling my UK bros.

Since when was the situation for exchanges so bad in the UK? I've been using Kucoin for 2 years or so without any issue and now I log in to see can no longer make GBP fiat deposits.

I've been having a look around at the other exchanges I have accounts for (Coinbase and CDC) and there seems to be a lot of limitations, hidden fees and spreads and convoluted registrations for exchanges that don't make it clear how easy it is to deposit and withdraw in GBP. Avoiding Binance out of personal choice.

What exchanges / methods are commonly used these days to buy regular amounts of BTC? I feel like I'm out of the loop as my go-to method is redundant.

Ideally a blend of low fees but also reliable reputation and of course fully compliant with new UK regulations etc.

Cheers chaps.

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The original was posted on /r/cryptocurrency by /u/flowers_at_dusk on 2023-12-29 22:21:31+00:00.

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