Cryptocurrency News & Discussion

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The original was posted on /r/cryptocurrency by /u/flowers_at_dusk on 2023-12-23 18:53:45+00:00.

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The original was posted on /r/cryptocurrency by /u/flowers_at_dusk on 2023-12-23 18:53:45+00:00.

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The original was posted on /r/cryptocurrency by /u/Perfect_Ability_1190 on 2023-12-23 18:15:51+00:00.

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The original was posted on /r/cryptocurrency by /u/Perfect_Ability_1190 on 2023-12-23 18:15:51+00:00.

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The original was posted on /r/cryptocurrency by /u/SirDrLeto on 2023-12-23 18:01:35+00:00.

Been in crypto since 2018…lost my ass during 1st bull run, doubled down and averaged down, then 2nd bull run I made great gains but didn’t take any profit. What’s your strategy for profit taking???? Have a lot of anxiety (good anxiety lol) about next bull run, and I want to take profit but really not sure what is the best strategy??? Right now I have a spread sheet, 10 profit taking trades on each coin I hold. My logic is, for every 10% gain past all time highs, I pull 5% off the table. Does this make sense or am I shooting dice?!

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The original was posted on /r/cryptocurrency by /u/Perfect_Ability_1190 on 2023-12-23 16:46:00+00:00.

Blockchain is an emerging technology with a growing number of applications across many industries. Understanding how blockchain technology can be implemented and utilized successfully requires understanding the fundamentals of the technology, its applications, its limitations, and what research and investment are still required to take it to its full potential. Some government organizations have already begun investing in this technology. Improvements to blockchain research and development, the datafication of available information, and the utilization of versatile and customizable solutions will help expand the technology’s applications for more organizations and agencies.

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The original was posted on /r/cryptocurrency by /u/zebraChief on 2023-12-23 16:21:07+00:00.

I know that leveraged ETFs aren’t good for long term investing because of compound interest & exponential decay. An example I found gives this example to demonstrate drag:

Suppose we have the sleep ETF: ZZZ and the 3 X leveraged sleep ETF: XXXZZZ. They both start at $100 a share.

Day 1: ZZZ +10% ($110) XXXZZZ +30% ($130)

Day 2: ZZZ -20% ($88) XXXZZZ -60% ($52)

Day 3: ZZZ +10% ($96.8) XXXZZZ +30% ($67.6)

I know that perpetual futures have some differences from traditional futures, but is the impact of leverage also different?

Do leveraged perpetuals also face drag? If not, why?

edited for formatting

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The original was posted on /r/cryptocurrency by /u/srikar_tech on 2023-12-23 16:20:02+00:00.

If you guys have been keeping up, Nano has implemented a revolutionary security model since its last spam attack.

The network prioritises transactions based on balance * Least recently used across various balance buckets and principle reps are elected democratically based on users assigning weight to their trusted nodes.

This model is has no fees and removes centralisation due to economies of scale, this model can be applied to any L1 chains as well and would eliminate fees, what is your argument against it, looks like a no brainer and would lead to widespread adoption and real life use case of NFTs as fees however small are not a good UX.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-23 15:57:23+00:00.

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The original was posted on /r/cryptocurrency by /u/Competitive-Way-5970 on 2023-12-23 15:43:50+00:00.

Bilaxy is the worst CEX in crypto. If you are considering trading there please listen to me and don't do it! It's driving me crazy! I can't buy, I can't sell.

Every time I try to buy the price goes up, I try to adjust the buying price every time but somehow I can't buy because someone else sells it higher. It's as If I was the only person trading there. It's been days I can't sell my eth because somehow the price keeps falling lower and lower every time I try to sell 😂

Stay away! + Can't withdraw because of high fees. If I withdraw half of my eth will be Bilaxy fees (crazy). I just want to turn my eth into USDT and withdraw through Tron (5$ fees) but Bilaxy won't let me turn my eth into usdt...

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The original was posted on /r/cryptocurrency by /u/JGoldz75 on 2023-12-23 15:18:49+00:00.

Do Kwon used to be prominent gossip here, however, I've noticed that he's been out of the limelight recently and I'm curious to know what happened to him

I also read that he was arrested in Montenegro and sentenced to four months in prison on charges of passport forgery

There were reports that he was facing extradition to the U.S. to face criminal charges tied to the collapse of his terraUSD stablecoin and Luna tokens...

But a recent update mentioned that a decision by a Montenegro high court approving the extradition of Do Kwon to either the U.S. or South Korea has been rejected by the country's Appeals Court.

Anyone know anything more?

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The original was posted on /r/cryptocurrency by /u/Electrical_Tension on 2023-12-23 13:54:17+00:00.

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The original was posted on /r/cryptocurrency by /u/DebbieDoesGallas on 2023-12-23 10:13:51+00:00.

That seems like a dumb Q to ask on a cryptocurrency sub, but this sub has changed in the time I've been away.

I'm not saying bring back the constant moonfarming* posts, but feck me the vibe was a lot happier in this sub back then.

People spoke about crypto. They were enthusiastic about it.

What happened? Now everything is bitter dripping in passive aggressive energy.

*Actually do, this sub was better then. Now I can't put a snek on the daily or waffle crypto nonsense without being modded tae fuck and posts shut down within 10 minutes.

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The original was posted on /r/cryptocurrency by /u/WingChungGuruKhabib on 2023-12-23 11:32:16+00:00.

Oasis's new EVM Sapphire makes it possible to wrap any ERC-20 token in a privacy wrapper. Which besides granting other features it also grants the ability to not have the token show up in your wallet.

So a while from some tiny project on another EVM could theoretically bridge their token to Sapphire, wrap it and then no one would know that specific wallet is a whale. As the wallet won't even show up in the explorer as a whale wallet.

This can happen as soon as Sapphires first DEX launches in about 2 weeks or so.

What are your thoughts about this?

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The original was posted on /r/cryptocurrency by /u/aminok on 2023-12-23 10:55:28+00:00.

Original Title: International Organization of Securities Commissions calls for total control over DeFi protocols, by coercing "Responsible Persons" like founders, developers and token holders to modify the protocol to do regulatory gatekeeper's bidding

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The original was posted on /r/cryptocurrency by /u/DaniDaniDa on 2023-12-23 10:48:12+00:00.

So obviously, most discussions regarding crypto seems to focus on developments in the west, particularly US. Looking at things like financial markets, judicial systems, right to private property etc., developed economies probably has the least to gain from it.

So was just wondering if there are any statistics showing how much different countries hold in crypto, and where you think demand will come from in the future. Chinese wanting to protect assets from the Party, Argentines dealing with hyperinflation etcm

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The original was posted on /r/cryptocurrency by /u/MaMu_1701 on 2023-12-23 08:05:06+00:00.

Imagine you have a big box of toys (the ETF). People can buy pieces of the box with money (cash) or by trading their own toys (in-kind).

• Cash: People give you money to get a share of your toy box. You use this money to buy more toys to keep the box full.
• In-Kind: People give you toys that are just like the ones in your box. In exchange, you give them a piece of your toy box. This way, the number of toys in your box stays the same.

So they actually wanted people to buy BTC ETF shares with BTC?

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The original was posted on /r/cryptocurrency by /u/MaMu_1701 on 2023-12-23 08:05:06+00:00.

Imagine you have a big box of toys (the ETF). People can buy pieces of the box with money (cash) or by trading their own toys (in-kind).

• Cash: People give you money to get a share of your toy box. You use this money to buy more toys to keep the box full.
• In-Kind: People give you toys that are just like the ones in your box. In exchange, you give them a piece of your toy box. This way, the number of toys in your box stays the same.

So they actually wanted people to buy BTC ETF shares with BTC?

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The original was posted on /r/cryptocurrency by /u/wannaberichguy777 on 2023-12-23 08:03:07+00:00.

Ah yes , Christmas time .. we line up , buy presents for anyone but ourselves .. waste a bunch of money instead of putting it in your favorite shiza coin. I'm looking at you safe moon army 💙 llllloooozers

IMO.. this ETF is a play by the big dogs. HOWEVER if I'm wrong, I royally missed out on this bull run. Yes yes..I know most of you will be like " bro the bull runs already started .. you're way too late hahaha nerrrrd "

150 days after the halvin is my opinion for when we will be in a bull run ... I think we hit our bottom.. but I could be wrong.. hope I am so I can buy more.. but the 2x 3x parties have started.. if your looking for your 100x project or 1000x you might be holding it right now.

Selling my beast of a 370z in the spring here to drop about 75% of that into crypto to add to my portfolio. It's not alot but it's enough to take a step back and stop digging ditches ..

From what my research tells me is bitcoin is a financial clock and I'm calling it for 150 days after the halvin we will be in a bull run.

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The original was posted on /r/cryptocurrency by /u/wannaberichguy777 on 2023-12-23 08:03:07+00:00.

Ah yes , Christmas time .. we line up , buy presents for anyone but ourselves .. waste a bunch of money instead of putting it in your favorite shiza coin. I'm looking at you safe moon army 💙 llllloooozers

IMO.. this ETF is a play by the big dogs. HOWEVER if I'm wrong, I royally missed out on this bull run. Yes yes..I know most of you will be like " bro the bull runs already started .. you're way too late hahaha nerrrrd "

150 days after the halvin is my opinion for when we will be in a bull run ... I think we hit our bottom.. but I could be wrong.. hope I am so I can buy more.. but the 2x 3x parties have started.. if your looking for your 100x project or 1000x you might be holding it right now.

Selling my beast of a 370z in the spring here to drop about 75% of that into crypto to add to my portfolio. It's not alot but it's enough to take a step back and stop digging ditches ..

From what my research tells me is bitcoin is a financial clock and I'm calling it for 150 days after the halvin we will be in a bull run.

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The original was posted on /r/cryptocurrency by /u/TheLilBubble on 2023-12-22 22:56:26+00:00.

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The original was posted on /r/cryptocurrency by /u/PeroniBites on 2023-12-23 05:34:59+00:00.

Hello. Been looking into hardware wallets lately. I’ve been hearing lots of negatives from the top dogs in the game aka Ledger and Trezor so I’ve been wanting to steer clear of those. I don’t think they’re headed in the right direction. Anyways, I’ve been looking at air gapped wallets and have settled with Coldcard or Jade? I looked into Ellipal but I’ve heard they’ve had seeds successfully hacked from the device. Although I’m sure it’s been patched, it’s worrisome. What are your thoughts on Coldcard and or Jade? My only worry so far with Jade is Bluetooth. Not sure if that’s a weak link. Any help?

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The original was posted on /r/cryptocurrency by /u/LisHere321 on 2023-12-22 18:54:27+00:00.

It's just a few days until the famous "Santa Rally" to finally start. The markets will pump left and right.

People either (rightfully) "FOMO" when the Santa Rally happens or (mistakenly) stop buying crypto because they're waiting for a (not happening) price drop, why so?

1. The FED is going to pivot! They announced 3 rate cuts already which is a dovish/ bullish sign for the markets!

2. The SEC will approve the Spot Bitcoin ETF, it's 99.9% sure.

3. Political pressure due to the US presidential elections wont do anything which will hurt the economy.

4. Institutional money will flood the crypto money with insane amounts of money.

5. A lot of retail money is sitting on the sidelines, once people see that there is no more FUD, they will rush to crypto.

6. BTC is just $25k away from ATH, if it reaches that point, media will praise it and lead even more investors into crypto!

As you can see, we're still early. People told each other to not FOMO since BTC $20k, do not make a mistake to wait for it.

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The original was posted on /r/cryptocurrency by /u/QuartzPuffyStar_ on 2023-12-23 04:10:47+00:00.

This community went from people that actually known what they got themselves into, and pushed for decentralization and clear rules for the crypto market, to a bunch of top-voted comments trying to bash any exchange out there (be it CEX or DEX), and just decry for "government regulation" and the instrumentalization of crypto in the regular banking system.

It feels like a completely different sub tbh.

I see a complete detachment from the education-integration approach, into some kind of scaremongering that is directing the discussion towards a completely dark and unintended direction...

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The original was posted on /r/cryptocurrency by /u/_Jimmy_Rustler on 2023-12-23 03:57:49+00:00.