Cryptocurrency News & Discussion

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/cr0n_dist0rti0n on 2023-12-24 20:19:57+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/cr0n_dist0rti0n on 2023-12-24 20:19:57+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/OmgJosh925 on 2023-12-24 18:37:19+00:00.

Who can tell me the difference between DESO (Decentralized Social) vs MANA (Decentraland).

DESO is up 400+ percent from the low and 250 percent in the last month and MANA is only up 100 percent from the low and 30 percent in the last month.

Is MANA potentially the next to run or is it falling off? I remember hearing everyone talking about MANA last run but I haven’t seen much lately. Thanks in advance. I’ve dove deep into too many tokens lately and I’m kinda burned out and figured I’d come here to see if anyone had any insight for me

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/OmgJosh925 on 2023-12-24 18:37:19+00:00.

Who can tell me the difference between DESO (Decentralized Social) vs MANA (Decentraland).

DESO is up 400+ percent from the low and 250 percent in the last month and MANA is only up 100 percent from the low and 30 percent in the last month.

Is MANA potentially the next to run or is it falling off? I remember hearing everyone talking about MANA last run but I haven’t seen much lately. Thanks in advance. I’ve dove deep into too many tokens lately and I’m kinda burned out and figured I’d come here to see if anyone had any insight for me

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Barbarossabros on 2023-12-25 05:51:26+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Barbarossabros on 2023-12-25 05:51:26+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/WiilkaCisman on 2023-12-25 04:33:44+00:00.

The translation also contains the key phrases but it needs deciphering to be figured out and is not easy. This is a Phantom wallet that contains more than the average person makes in a month in the developing countries. If you can get the 12 key passphrase for the wallet go for it and it's all yours. If no one can get it then it shows how strong writing out a short story with the passphrases hidden in that language really is. The Google translate will show you what language it is and I did as perfect translation as possible.

I used caps on first letters of some words to help you and reduce the difficulty.

This is the One who labors and is not in labor. Foot up and three to someone's bad form of leg game.

The green food that everyone eats does not cause diarrhea and is kind. The sea of bubbles and the paper woman changing the book and looking at it are good things.

Waakanaa Mida foosha oo foolaneynin. Cagta korka iyo sedex si qof qaab xun oo ciyaarta Lugaha.

Cuntada cagaarka o qof walba cunaan oo shuban keenin oo naxariis. Bada xumbadeeda iyo naag warqada buuga bedeleyso iyo Fiirineyso waa wax wanaagsan.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/WiilkaCisman on 2023-12-25 04:33:44+00:00.

The translation also contains the key phrases but it needs deciphering to be figured out and is not easy. This is a Phantom wallet that contains more than the average person makes in a month in the developing countries. If you can get the 12 key passphrase for the wallet go for it and it's all yours. If no one can get it then it shows how strong writing out a short story with the passphrases hidden in that language really is. The Google translate will show you what language it is and I did as perfect translation as possible.

I used caps on first letters of some words to help you and reduce the difficulty.

This is the One who labors and is not in labor. Foot up and three to someone's bad form of leg game.

The green food that everyone eats does not cause diarrhea and is kind. The sea of bubbles and the paper woman changing the book and looking at it are good things.

Waakanaa Mida foosha oo foolaneynin. Cagta korka iyo sedex si qof qaab xun oo ciyaarta Lugaha.

Cuntada cagaarka o qof walba cunaan oo shuban keenin oo naxariis. Bada xumbadeeda iyo naag warqada buuga bedeleyso iyo Fiirineyso waa wax wanaagsan.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/jez9090 on 2023-12-25 02:53:53+00:00.

Hi all, i know my question might come across as silly but i would like to seek some clarifications on this.

I've noticed lots of nonsensical spams being dropped into my wallet address. I understand that approvals need to be done for contracts to move our cryptos out. But could this be bypassed?

I'm asking this because when using an old address, i found out that it is compromised and have turned into a blackhole address, where my deposited funds are immediately drained to another address. I didn't use that address much other than for it as an airdrop address during the ico boom.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Perfect_Ability_1190 on 2023-12-25 02:02:40+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/jez9090 on 2023-12-25 02:53:53+00:00.

Hi all, i know my question might come across as silly but i would like to seek some clarifications on this.

I've noticed lots of nonsensical spams being dropped into my wallet address. I understand that approvals need to be done for contracts to move our cryptos out. But could this be bypassed?

I'm asking this because when using an old address, i found out that it is compromised and have turned into a blackhole address, where my deposited funds are immediately drained to another address. I didn't use that address much other than for it as an airdrop address during the ico boom.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/cryptolamboman on 2023-12-25 01:13:37+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Perfect_Ability_1190 on 2023-12-25 02:02:40+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/cryptolamboman on 2023-12-25 01:13:37+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Business-Club-5050 on 2023-12-25 01:07:15+00:00.

Original Title: Bitcoin is a scam. Schulz is right. (3 years ago today Andrew Schultz fans proclaimed Bitcoin is a scam after he bought crypto at its peak, However, Schultz under advice of his friend AKash doubled down and kept buying and now hes up 150%) (more in comments)

So you mean to tell me, there’s a limited supply of something, that nobody knows who the creator is, and there’s a good technology behind it, you can purchase goods with it, and the government has no control over it, although it’s seized for use of criminal activity? It only apparently goes up in value and it isn’t controlled by anyone. The more popular it gets, the more it cost... the less of it there is.. APPARENTLY. There’s only 21 million of them, but nobody can prove that’s true because the inventor is anonymous. Although nobody knows anything about main creator of it? Kudos to the inventors, this is a Bernie madoff level scam right now. Can’t wait for the documentary in 10-15 years. It isn’t affiliated with the government, yet its bought and sold through government regulated businesses and apps like robinhood where you have to report taxes on... what y’all think?

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/cypherdust on 2023-12-25 00:54:27+00:00.

(Spelling it as S0lana since this sub rate limits certain coins it hates to hear about)

Reasons why I gave in to the S0lana FUD:

1. Rumors of FTX holding all the remaining coins.
2. PTSD from the Luna incident. Bought some Luna at $1 when FUD was at an all time high. They rugged it even harder.
3. Rugpulls are happening left and right nowadays. You don't want be like the Luna holders jumping off buildings is S0lana further crashes to 0.
4. Never had any preconception that Coinbase would takeover the project and pump the shit out of it.

Conclusion: there's lessons to be learned when taking a look back on this. I'm sure many of you even sold at $8. But one things for sure, analysis should be done when deciding to buy a so-called "rug pulled gem," as the Luna and S0lana rugs had totally different outcomes, with S0lana proving for the first time that projects can indeed make a comeback after losing 95% of their value (in less than a year).

These types of analyses will be important down the lines, as debate and discussion should be had as to whether a project is indeed salvageable.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/CryptoDaily- on 2023-12-25 00:01:03+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.

Useful Links:

• Beginner Resources
• Intro to r/Cryptocurrency MOONs 🌔
• MOONs Wiki Page
• r/CryptoCurrency Discord
• r/CryptoCurrencyMemes
• Prior Daily Discussions - (Link fixed.)
• r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.

• u/CryptoDaily- — Posts the Daily Crypto Discussion threads.
• u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads.
• u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads.
• u/CryptoNewsUpdates — Posts the Monthly News Summary threads.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/goldyluckinblokchain on 2023-12-24 23:33:28+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/sleepapneainvestor on 2023-12-24 23:07:15+00:00.

Percentages have been sliding around a bit from market gains. I don’t trim or rebalance, I let the winners ride, but I DCA heavier into some positions than others. I’ll DCA until we hit a total market cap of 2 trillion. When we hit a total market cap of 4 trillion, I’ll sell 1/3rd of everything (I reckon 4 trillion total market cap will be just shy of 100,000 BTC). I’ll sell 1/3rd of everything again once we hit 8 trillion market cap (just shy of total market cap of gold).

45% of portfolio:

30% BTC 15% ETH

//////////

26% of portfolio:

6% XMR 5% SOL 5% AVAX 5% DOT 5% EGLD

//////////

29% portfolio:

3% LTC 3% ADA 3% ATOM 3% MATIC 3% STX 2% CRO 2% DOGE 2% Nano 1% BNB 1% XRP 1% ALGO 1% XTZ 1% Moons 1% FIL 1% BAT 1% XLM

Thoughts? This is just my own personal strategy. Not advice. Curious to hear what you all think.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/BeastofBrooklyn on 2023-12-24 21:55:35+00:00.

The legal battle over Satoshi Nakamoto’s identity and Bitcoin rights has taken another turn in recent days, with a British judge rescheduling the trial between Craig Wright and Bitcoin Core developers for Feb. 5.

In 2016, Wright claimed to be Satoshi Nakamoto, the inventor of Bitcoin (BTC), and sued 13 Bitcoin Core developers and a group of companies, including Blockstream, Coinbase, and Block, alleging violations of his copyright to Bitcoin's white paper, Bitcoin file format, and Bitcoin blockchain database. The group is represented in the case by the non-profit Cryptocurrency Open Patent Alliance (COPA).

Justice Mellor also granted the developers a second security application, ordering Wright to pay by Jan. 5 an additional 800,000 pounds (~$1 million) to cover the developers' legal costs in the event he loses the trial. Wright already deposited 100,000 pounds ($127,000) as a security payment.

In addition, the judge ordered Wright to pay 65,000 pounds ($82,000) to cover COPA’s costs for expert evidence related to his Autism Spectrum Disorder (ASD). Wright claimed he has a disability due to ASD and produced a report outlining adjustments needed for him in the trial, including the list of all cross-examination questions. In cross-examination, the opposing party asks questions to clarify or discredit a witness' testimony.

Wright’s request was challenged by the developers, who hired an expert to support their claims. As a result, Wright will only be able to access LiveNote Screen and write questions on paper during the trial.

The Bitcoin code is open-sourced and freely distributed under the Massachusetts Institute of Technology license, allowing users to reuse it for any purpose, including proprietary applications. In his argument, Wright contends that Bitcoin Core developers are a “Bitcoin Partnership,” which is alleged to control Bitcoin.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/DrDynamicyt on 2023-12-24 20:18:33+00:00.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/montymoon1 on 2023-12-24 19:51:03+00:00.

I have a good amount of btc already, but just holding it in my cold wallet and exchange makes me nervous somewhat. I see all the benefits of the upcoming ETF such a being able to hold in tax advantaged accounts or not having to get hacked/lose btc. Because of this, I'm leaning towards directing most of my btc spending on the ETF.

• Are there any disadvantages to buying the ETF over BTC?
• Does the price of the ETF directly correlate with the price of BTC?
• anything else I should be considering?

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/Narrow_Fix_1081 on 2023-12-24 18:38:27+00:00.

Ok, so I'm a new guy.

I know that's a bad thing and I will be slated for it. But I find it interesting.

As much as I'd love to make some money, it's fun for me in the main part.

I have £5000 and whilst I'd rather not lose it wouldn't ruin my life if I did.

I've already bought some coins about 3 weeks ago.

Bitcoin (of course) Solana Etherium Injective Amp Benqi

By complete mistake its done OK.

Its fun and sometimes a bit scary how fast it can change. But I enjoy it overall!

Any tips would be greatly appreciated. But I understand that it's a close knit community!

Cheers!

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/CalmProfit on 2023-12-24 18:35:42+00:00.

In the 2021 bull run, a lot of us decided to take extra risks and get into projects that promised ridiculously high returns. A lot of them were shilled on YouTube and marketed as safe. In this case, I don't mean rugpull in the strictest sense, it can also be a token with really poor tokenomics (to the point that they inevitably lead to collapse, and the devs know it).

I checked my Metamask wallet, I had billions of one certain shitcoin, but the value was at 0$. It must have been rugged some time ago while I didn't notice.

Also, in the late bull run, there were these projects that promised ridiculous staking rewards (like 2000% per year or even more) - for a example, TIME, OHM, etc. I got into one of them, but just like the rest, it collapsed too.

My biggest loss is from UST after it depegged, in hindsight I should have sold it but I kept holding it since there were chances of it recovering.

Thankfully I only invested a small amount of money into the riskiest projects, and it didn't take a long time to recover the losses. How about you? Any stories you wanna share?

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/abx337 on 2023-12-24 18:28:25+00:00.