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The original was posted on /r/cryptocurrency by /u/wazzupbich on 2023-12-22 07:52:34+00:00.

So they are already pumping millions into crypto and prob billions over the next years don’t you think they gonna analyze every single comment and sentiment change like right now with Solana?

The foundation of the big player business is obviously data so they gonna farm and analyze every single comment you guys post here maybe it’s not such a bad thing to be aware of that.

And since the institutions or their Ai systems has been here already why are we not greeting them all politely in the comments :)

After all they gonna pump our bags lol

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The original was posted on /r/cryptocurrency by /u/one_out_of_two on 2023-12-22 07:06:45+00:00.

I recognized that as soon as i transfer funds from a CEX to my wallet, i handle it like play money. It does not feel real and i am not really concerned about making a loss. I even had lost 20k in luna and it did not really faze me. Investing in a dog wif a hat? Lesssgoo. Liquidity pooling for 10000% APY? Count me in. Borrowing at max capacity? Give me a lever long enough, and i shall move the earth.

Do you guys also handle your crypto like play money?

Of course i hold some serious coins and tokens and i buy and hold also to make profits. But i feel like i am emotionally distanced from that digital money. Which somehow feels like an advantage, now that i am writing it down lol.

Would be interested to hear your opinion.

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The original was posted on /r/cryptocurrency by /u/one_out_of_two on 2023-12-22 07:06:45+00:00.

I recognized that as soon as i transfer funds from a CEX to my wallet, i handle it like play money. It does not feel real and i am not really concerned about making a loss. I even had lost 20k in luna and it did not really faze me. Investing in a dog wif a hat? Lesssgoo. Liquidity pooling for 10000% APY? Count me in. Borrowing at max capacity? Give me a lever long enough, and i shall move the earth.

Do you guys also handle your crypto like play money?

Of course i hold some serious coins and tokens and i buy and hold also to make profits. But i feel like i am emotionally distanced from that digital money. Which somehow feels like an advantage, now that i am writing it down lol.

Would be interested to hear your opinion.

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The original was posted on /r/cryptocurrency by /u/reneedescartes11 on 2023-12-22 06:25:07+00:00.

I only have a basic understanding of the crypto space but I would like to learn as much as I can. It seems that btc was envisioned to be a potential future currency that could be used by anyone around the world without the need of a third party provider, yet most people seem to consider it an investment. As in, they plan to hold it until it goes up x%, like you would with a stock, and then cash it back out for fiat. This seems to be a bit contradictory to what the whole crypto space is supposed to be about. Can anyone clarify if I am wrong in my assumptions?

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The original was posted on /r/cryptocurrency by /u/reneedescartes11 on 2023-12-22 06:25:07+00:00.

I only have a basic understanding of the crypto space but I would like to learn as much as I can. It seems that btc was envisioned to be a potential future currency that could be used by anyone around the world without the need of a third party provider, yet most people seem to consider it an investment. As in, they plan to hold it until it goes up x%, like you would with a stock, and then cash it back out for fiat. This seems to be a bit contradictory to what the whole crypto space is supposed to be about. Can anyone clarify if I am wrong in my assumptions?

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The original was posted on /r/cryptocurrency by /u/VagabondingHeart on 2023-12-22 04:07:24+00:00.

What's your favorite place to create and track watchlists? I'm not looking for a portfolio tracker as I use my own tracker I made in excel. So I'm just looking for a website where I can easily create multiple watchlists and of course it should include all the relevant data to be able to do research and track.

I'm not a big fan of Coinmarketcap and currently looking at CoinGecko, CoinStats and CryptoRank, which all seem decent. Would love to hear your favorite place to crate watchlists.

That's really all but since this sub has a 500 character minimum for some strange reason I will just add this sentence as well. :)

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The original was posted on /r/cryptocurrency by /u/Top-Ad1722 on 2023-12-22 03:44:35+00:00.

I tried to transfer some BCH to an exchange address, in which I used their QR code scan. I checked the address in Cake Wallet before sending which was correct. The transaction details within the app display the correct BCH address, which I checked after the transaction had a height of 20 blocks. The funds never arrived so I checked the block explorer link to find a different unknown recipient address. I'm unsure where this address came from and how to access it, however my funds are sitting within it.

Another strange thing is the sender address is different from the recipient address for my wallet in the Cake Wallet app. So honestly I really don't know what's going on.

I'm not claiming anything malicious, would just like to resolve this issue.

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The original was posted on /r/cryptocurrency by /u/gen66 on 2023-12-22 02:42:26+00:00.

Original Title: Guys, I don’t want to be rude or anything but not a single place or forum on Earth has trashed and hated Solana more than this sub. SOL is now number 4 by market cap and nearing a price of 100$ . What’s actually going on?

I was thinking of filling my bags when it crashed because of FTX and I also made a post here and man oh man, it was 200 comments of pure trashing and FUDing and theories how it’s dead, how it’s always offline etc. Also some seemingly very smart IT crypto geeks helped to trash it further by explaining in detail and technicalities why it’s such a pile of crap. And I…I listened to the voice of the masses…now standing here poor af.

My question is, are you still in the same mood for Solana, or now that it’s pumping some things changed? Are you bullish now, do you recommend it?

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The original was posted on /r/cryptocurrency by /u/VagabondingHeart on 2023-12-22 04:07:24+00:00.

What's your favorite place to create and track watchlists? I'm not looking for a portfolio tracker as I use my own tracker I made in excel. So I'm just looking for a website where I can easily create multiple watchlists and of course it should include all the relevant data to be able to do research and track.

I'm not a big fan of Coinmarketcap and currently looking at CoinGecko, CoinStats and CryptoRank, which all seem decent. Would love to hear your favorite place to crate watchlists.

That's really all but since this sub has a 500 character minimum for some strange reason I will just add this sentence as well. :)

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The original was posted on /r/cryptocurrency by /u/Omn1Crypto on 2023-12-21 18:05:36+00:00.

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The original was posted on /r/cryptocurrency by /u/Top-Ad1722 on 2023-12-22 03:44:35+00:00.

I tried to transfer some BCH to an exchange address, in which I used their QR code scan. I checked the address in Cake Wallet before sending which was correct. The transaction details within the app display the correct BCH address, which I checked after the transaction had a height of 20 blocks. The funds never arrived so I checked the block explorer link to find a different unknown recipient address. I'm unsure where this address came from and how to access it, however my funds are sitting within it.

Another strange thing is the sender address is different from the recipient address for my wallet in the Cake Wallet app. So honestly I really don't know what's going on.

I'm not claiming anything malicious, would just like to resolve this issue.

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The original was posted on /r/cryptocurrency by /u/gen66 on 2023-12-22 02:42:26+00:00.

Original Title: Guys, I don’t want to be rude or anything but not a single place or forum on Earth has trashed and hated Solana more than this sub. SOL is now number 4 by market cap and nearing a price of 100$ . What’s actually going on?

I was thinking of filling my bags when it crashed because of FTX and I also made a post here and man oh man, it was 200 comments of pure trashing and FUDing and theories how it’s dead, how it’s always offline etc. Also some seemingly very smart IT crypto geeks helped to trash it further by explaining in detail and technicalities why it’s such a pile of crap. And I…I listened to the voice of the masses…now standing here poor af.

My question is, are you still in the same mood for Solana, or now that it’s pumping some things changed? Are you bullish now, do you recommend it?

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The original was posted on /r/cryptocurrency by /u/cointelegraph1 on 2023-12-21 16:40:46+00:00.

Researchers have issued a warning about at least two potential problems that could emerge with the launch of spot Bitcoin ETFs. The introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States could potentially lead to a shortage of “regulated” Bitcoin (BTC). This could adversely affect a popular trading strategy, as per some researchers.

With less than three weeks remaining until the potential approval of spot Bitcoin ETFs, many anticipate that trading could commence shortly thereafter. This launch could pose a challenge for institutions sourcing BTC. This refers to the need for issuers to purchase sufficient Bitcoin to hold in their ETFs.

A crypto venture firm has predicted that a spot Bitcoin ETF could be the most successful launch of an ETF product ever. Owing to a significant increase in volume on both spot Bitcoin and futures contracts, the potential profit on the basis trade has surged to as high as 20% in the past fortnight, according to data from a certain source.

However, as institutional investors gain increasingly direct exposure to Bitcoin via a spot ETF product, the basis is expected to narrow. This could result in significantly reduced profitability in the trade.

Currently, there are 13 applications for a spot Bitcoin ETF pending with the Securities and Exchange Commission (SEC). There is a broad consensus that one or all of these products could receive approval as early as January 10, with some ETF analysts estimating the likelihood of approval at 90%.

According to one analyst, a crypto asset manager recently met with the SEC again, advocating for in-kind redemptions instead of cash creation. An in-kind redemption model is typically viewed as more efficient for ETF issuers, as it circumvents bid/ask spreads and broker commissions that arise from selling the asset to generate cash for issuing shares.

What are your thoughts on this?

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The original was posted on /r/cryptocurrency by /u/DenverNEO on 2023-12-21 16:07:03+00:00.

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The original was posted on /r/cryptocurrency by /u/aaj094 on 2023-12-21 14:16:30+00:00.

Let's say I create a new Phoenix LN wallet. And then my first incoming deposit let's say is a large one of say 0.5 btc from Kraken via lightning. As I understand then, the LN wallet will get credited with 0.5 btc minus (mining fee for the channel opening + 1000 sat). And then the inbound capacity of the channel will be somewhat greater than 0.5btc due to the way ACINQ manages the channels.

Note that this takes into account that ACINQ recently changed the phoenix wallet fee structure to remove the channel opening 1% fee and instead this is now just mining fee + 1000 sat.

My questions then:

1.How much more than 0.5btc will be the total inbound capacity of the created channel?

2.If I now go on to send out 0.45btc from the balance via an onchain transaction to my hardware wallet, then what would be the resultant inbound channel capacity after this transaction?

Note that the main use case I have in mind is to be able to DCA bitcoin in small quantities on Kraken and then send every small amount via a free LN transaction to the phoenix wallet. Hence my aim is to have a sufficiently large inbound capacity in the channel so as not to be hit with mining fees after the initial channel opening.

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The original was posted on /r/cryptocurrency by /u/SochieLife on 2023-12-22 00:38:31+00:00.

After solely using coinbase I’ve finally started looking into wallets as I want to store my crypto off exchanges. I have the coinbase wallet and just linked it to a new Trust wallet and also got Meta Mask as well. Figured I would play around with all 3

But for example, when buying crypto through meta mask, there are those 3rd party options to buy through such as moon pay. I was just wondering if it’s safe to enter my KYC info into it and if there are any I should watch out for? Been trying to look up stuff but haven’t came across much.

(All help is appreciated and I already know to not to respond to any DMs asking for info about my wallet and etc. I’ve seen plenty of people comment stuff like that on posts and is amazing how helpful and watchful this community is)

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The original was posted on /r/cryptocurrency by /u/TrustThyself on 2023-12-22 00:07:26+00:00.

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The original was posted on /r/cryptocurrency by /u/CryptoDaily- on 2023-12-22 00:00:27+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
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The original was posted on /r/cryptocurrency by /u/DiorDreamz on 2023-12-21 23:23:47+00:00.

recently there have been various posts from people within the uk having their bank accounts frozen and im Concerned about UK bank account freezes linked to crypto transactions and i am anxious it will happen to me. so im considering a shift to Revolut due to its crypto friendly reputation, so i was wondering if it was a worthwhile move and if so are there any specific advantages for crypto users? is it a also actually a good bank to be with for everyday use to use as my everyday account and eventually ditching my old bank for a more crypto friendly bank?

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The original was posted on /r/cryptocurrency by /u/MissionConfident3235 on 2023-12-21 23:18:34+00:00.

I've been lurking for a while and still haven't figured out if the Solana hate is something of the past or if there's still genuine disdain from the whole Reddit community.

I know that most of it stems from past chain outages but looking into other players (eth for example) that's not something exclusive to Solana. Many other chains have experienced similar network issues without facing the same level of backlash.

Once you get past the noise, Solana seems to be in better shape than other top 10 chains. Solana Pay, Institutional partnerships, gaming, chain speed, hackathons everywhere, etc. - these are all growth indicators that Polygon, Avalanche, Tron, and others promised to deliver on and failed. Imo Solana seems to be in a good direction and deserves the growth it has seen these last few months.

Admittedly I’m a huge solana bull (heavy bags) but where does everyone stand on this?

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The original was posted on /r/cryptocurrency by /u/Blanketname12 on 2023-12-21 15:05:48+00:00.

I see a lot of people here giving Solana flack for being a VC coin, but in the early days Ethereum also got flack for being a VC coin. Now people call Ethereum the "oil" of cryptocurrency while BTC is gold. (I think the better analogy Eth is "gas" but whatever). Not to mention Eth is also getting an ETF so it shows how far this VC backed token has gone.

ChatGPT says "Some notable investors for Eth included Union Square Ventures, Andreessen Horowitz, and ConsenSys. And it raised around 18 million." Can anyone with more braincells than me verify this? And how does this compare to Solana?

Besides that most of the Sol tokens locked for investors have been unlocked already, VirtualBacon made a video about this. I also mentioned this earlier in the sub but I thought I'd mention it again here.

I'm open to any corrections here, I'm still learning.

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The original was posted on /r/cryptocurrency by /u/jbtravel84 on 2023-12-21 04:23:39+00:00.

I want to take my foot off the gas a bit on posting about investigating 6-figure+ hacks and focus on how forums like this one can get exploited by scammers to steal your crypto.

What I'm about to share you won't find listed anywhere. These are all recent findings and the moderators of the forums will probably shut the scammers down (hopefully).

It's a dark forest out there and even the most technical and careful of users can still fall victim to phishing scams.

Below I'll show you one such example.

The Investigation

I investigated a case earlier this week where a seemingly knowledgeable crypto user fell victim to a phishing scam.

I noticed one of the hacker wallets directly connected to victim has a DeBank profile on his wallet of 0x43b1c949123b3fd644fc39ff04f0624826d64e16.

A look inside the Debank Profile of 0x43b1c949123b3fd644fc39ff04f0624826d64e16

Immediately I was drawn to the mention of "Blockscape" and the associated website. Disclaimer: PLEASE DO NOT CONNECT YOUR WALLET TO THAT WEBSITE OR ENGAGE AT ALL!

Additionally this wallet is a DeBank VIP, but also tagged as a Sybil by Debank. Interesting.

My first instinct was to investigate this website knowing this is almost certainly a phishing scam.

Trustscore of 42, not exactly trustworthy but not scamworthy either.

Interesting the scammer invested in a SSL cert. Also a 3rd party content filtering service labeled the website as safe.

I couldn't find any negative "Blockscape" reviews or any twitter mentions of this being a phishing scam.

However, what I did find was a number of Reddit users posting in Cryptocurrency forums recommending Blockscape to unsuspecting victims.

Scamming through Reddit

I decided to do a quick Google search on who is posting on Reddit about this scam site. I expected to find numerous victims telling users to stay far away.

I couldn't find a single victim.

However, what I did find was even more shocking.

I found what appeared to be hijacked Reddit accounts posting on older threads across a multitude of cryptocurrency forums (including this one) unchecked!

Here's an example.

Above is one of numerous examples I found where Reddit users recommended the "Blockscape" service. Notice the time difference between the OP and these responses. These sybil/stolen accounts are replying to older posts at scale.

I decided to take a look at the posting history of one of the accounts. They all follow a similar pattern.

Below is one such example of user "iago12w"'.

This guy literally copied and pasted the same message across multiple cryptocurrency forums.

But wait there's more!

Why copy/paste one scam when you can do multiple from the same account at the same time!

Above is another scam the same user posted at the exact same time as the Blockscape scam.

This is one of the more sophisticated scammers I've seen.

Somehow this person or group has managed to stay under the radar while stealing potentially millions from unsuspecting Reddit users.

In the past 2 months, I'm showing over $632K just from 0x43b1c949123b3fd644fc39ff04f0624826d64e16, and that's just one of the scammers wallets.

I hope by exposing some of the tactics of these scammers other moderators of cryptocurrency related forums can catch on and prevent scams like these.

Stay safe out there!

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The original was posted on /r/cryptocurrency by /u/Inbeforetheclose1234 on 2023-12-21 20:46:16+00:00.

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The original was posted on /r/cryptocurrency by /u/Loose_Screw_ on 2023-12-21 20:05:22+00:00.

At this point we've all seen the ETH FUD plastered all over the ecosystem. Every crypto sub is full of people furiously posting information and misinformation about the scale of ETH fees and how "unusable" they make the chain.

Seasoned crypto users know to either use an L2 or wait for a quiet period. Seasoned ETH observers know that ETHs roadmap is long and slow, but that cautiousness results in a rock solid network that regularly handles more value than any other chain.

What saddens me is these (mostly paid) FUDers are going to discourage more and more people from investing in ETH and they're going to miss out on the eventual pump when the next major upgrade is released.

I'm not a maxi - I have a stake in quite a few chains including BTC, ETH, XMR (before my boating accident) and more. I've never seen the level of coordinated FUD we're currently seeing around ETH before though and it's increasingly pissing me off.

Anyone in a similar place?

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The original was posted on /r/cryptocurrency by /u/El_Demetrio on 2023-12-21 18:51:18+00:00.

I’m not knowledgeable about how wallet security works, I would appreciate some feedback regarding this issue. You always hear keep your passwords secure etc etc…can’t scammers create password generators to hack into a wallet? if its only 12 words you would think a wallet can be compromised. is there something in the wallets preventing a generator from working? will the wallet lock up after so many wrong tries? If someone tries to hack my wallet and it locks up, if this is the case, will I be able to unlock it? or is this a non issue? please dont just answer with get a cold wallet ledger etc. Im curious how all this security works on hot wallets. thanks in advance for your responses.