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The original was posted on /r/cryptocurrency by /u/GunnDawg on 2023-12-16 22:56:28+00:00.

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Hey folks, your favorite FNG here back with another FNG question. I'm trying to be as safe as I can with this new territory I'm in, but I also want to try and use some tools available to me, provided they're "safe" I've recently discovered Coinstats and it's ability to track per asset/coin all time profits and loses(P/L). This seems immensely helpful to me as I'm not sure Kraken offers such a thing. My question is the title, is it safe? When provided with just a fetch/read API key, can harm still be done? They don't seem to require my actual Kraken login credentials or anything of that nature. Just the read access API. That all-time per asset P/L tracker seems sooooo nice. Right now I'm just writing down and adding to my "total money spent" with a notepad to at least track my overall P/L but per asset is great!

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The original was posted on /r/cryptocurrency by /u/fungiblesyo on 2023-12-16 22:09:09+00:00.

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You must first lose a lot of money until you understand how the game works.

Even then your chances of hitting a Pepe or Bonk is worse than vegas. You would be able to learn how to code solidity faster and become a dev before hitting it.

You’ll at the very least need tools like a sniper bot, balls and a bankroll. You’ll get little sleep and start to look like Laszlo.

You are better off making a few small big bets after countless hours of research in the community, tokenomics, security and product.

But what the fuck do I know.

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The original was posted on /r/cryptocurrency by /u/fungiblesyo on 2023-12-16 22:09:09+00:00.

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You must first lose a lot of money until you understand how the game works.

Even then your chances of hitting a Pepe or Bonk is worse than vegas. You would be able to learn how to code solidity faster and become a dev before hitting it.

You’ll at the very least need tools like a sniper bot, balls and a bankroll. You’ll get little sleep and start to look like Laszlo.

You are better off making a few small big bets after countless hours of research in the community, tokenomics, security and product.

But what the fuck do I know.

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The original was posted on /r/cryptocurrency by /u/Feeling-Inside5147 on 2023-12-16 20:27:43+00:00.

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The original was posted on /r/cryptocurrency by /u/GranPino on 2023-12-16 19:00:18+00:00.

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For first time ever, Ethereum isn’t the blockchain with the highest 24 hour volume in its DeFi. However, when including all layer 2, the overall ecosystem has still bigger volume.

Data from defillama

1. Solana

   • 24h Volume: $1,536b
   • TVL: $1,051b
   • 7d Change: +12.21%

2. Ethereum

   • 24h Volume: $1,164b
   • TVL: $28,45b
   • 7d Change: -5.35%

3. BSC (Binance Smart Chain)

   • 24h Volume: $412,43m
   • TVL: $3,05b
   • 7d Change: -3.48%

4. Arbitrum

   • 24h Volume: $338,54m
   • TVL: $2,333b
   • 7d Change: -2.21%

5. Avalanche

   • 24h Volume: $245,2m
   • TVL: $950,69m
   • 7d Change: +11.46%

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The original was posted on /r/cryptocurrency by /u/Professional-Time-50 on 2023-12-16 18:57:55+00:00.

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The halving is what triggers the market turn around do to supply cut for BTC, but to get a mania like we did for last few bulls and get a lot higher highs then previous ATH, you need cheap money. The rates will not be cut soon enough to make a difference in brining in the speculative money, the recession will slow down or even give a serious market dip between now and top, resembling the pandemic declines, that will shake a lot of hands out and whatever mania or market rebound comes after, that everyone will have their hopes on, will simply run out of time to get a great price appreciation before end of 2025.

The institutional adoption will actually create a smoothing effect instead of the wild swings effect to the upside, that everyone is hoping for. The price of BTC will settle around a certain level, maybe 25k -50k after this bull run and do the usual boring stock market moves that everyone is use to. 30% declines in recession and slow, steady climb up during good times.

Many other tokens will become just like the penny stocks or high tech, very high risk plays that have potential to make you or brake you. The hype will carry them and give opportunities for the usual pump and dump while other tokens will have to prove their worth, tech and adoption to create stability and slow price appreciation. Some of them will eventually become next tech giants. BTC will just become like the digital gold most pretend it is , with predictable reactions to what ever global economic factor dictate. What this bull market will be known for is not its wild price appreciation that everyone is use to, but its schizophrenic like, unable to make its mind up motion, with a long sideways, stable coin like periods, that will frustrate and shake a lot of people out in the end, losing most of what they gained, waiting for the promise land that will simply not show up this time around.

Will there be opportunities to make money, hell ya. The bull run is still here after all. A lot of appreciation will come for Alts because people will expect it to come but it will not get anywhere close to prices people are currently predicting based on previous bull runs multipliers. Because of the expectations, most, even more then last time around, will miss out on the profits, waiting for the unreasonable prices. The new shiny, hyped coins will get new ATH and great 100x just like we see already, the OGs of the space will reach and some barely exceed their previous ATH including BTC, but none will get to the numbers thrown around based on nothing but hopium. It will be a very rare occurrence for a coin that has been around since last bull market to double its previous ATH this time around. VERY RARE in deed.

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The original was posted on /r/cryptocurrency by /u/Electrical_Tension on 2023-12-16 18:01:10+00:00.

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The original was posted on /r/cryptocurrency by /u/afkfrom on 2023-12-16 17:11:42+00:00.

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The original was posted on /r/cryptocurrency by /u/Perfect_Ability_1190 on 2023-12-16 16:33:54+00:00.

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The original was posted on /r/cryptocurrency by /u/Perfect_Ability_1190 on 2023-12-16 16:09:54+00:00.

Original Title: Flutterwave, the leading unicorn in Africa, has announced its successful acquisition of money transfer licenses for 13 U.S. states. The company is in the process of launching USDC payment settlements in partnership with the Hedera (HBAR) blockchain.

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The original was posted on /r/cryptocurrency by /u/Human-go-boom on 2023-12-16 16:08:40+00:00.

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Chihuahua (HuaHua) is a Cosmos meme coin and meme chain with its own NFT marketplace, collection, and Dapps.

As a long-time holder of HuaHua, I'm happy to say it's finally starting to pump (along with everything else)!

I was airdropped this coin two years ago, at the time the airdrop was valued at around $800. I held it, and it dropped. And continued to drop. The developers stayed active and continued to work on the project, but it kept dropping (along with everything else). I kept buying the dips. $20 here, $50 there.

Today, that little dog coin is up 5,662% since its ATL back in October. Within just two months, it shot up from a puny $5,000,000 market cap, to almost $100,000,000.

Although it's still down 90% from its ATH, my $800 airdrop and $540 I put in along the way is up to almost $7,000 today! Will I do what I promised I would do a year ago? Cash-out as soon as I was profitable? Probably not. I mean, it could still go to a new ATH, right?

The point of this post isn't to shill a meme chain on a network that you've never heard of or used.

It's to brag how great my low-cap gambles are doing and serve as a reminder to sell when profitable.

Don't be that guy who holds even when you're up many times your investment. It's too late for me, but you can still make some money in crypto.

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The original was posted on /r/cryptocurrency by /u/import-antigravity on 2023-12-16 15:41:49+00:00.

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The original was posted on /r/cryptocurrency by /u/flowers_at_dusk on 2023-12-16 15:16:09+00:00.

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The original was posted on /r/cryptocurrency by /u/flowers_at_dusk on 2023-12-16 15:16:09+00:00.

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The original was posted on /r/cryptocurrency by /u/xMrDeex on 2023-12-16 14:38:34+00:00.

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What is Socrates ?

Socrates is a global Web3 platform that combines social networks and education. Users earn by participating in multiple-choice questions and answers, debates, and sharing knowledge on various topics while claiming rewards in the process .

What is it about ?

We recently launched this social platform and designed it to bring engagements and reward participation within the global community. Users can create multiple-choice questions within the app on any topic, allowing others to interact by voting, debating by writing comments and replies or supporting others by likes ( similar to reddit upvotes ) , these interactions contribute to a prize pool, and rewards are distributed once the question is closed.

How it works :

Introducing Pens and points : these constitute the base mechanism for content creation and rewards .

Pens :

Pens are essential for participating in Socrates and are divided into two types :

SBT pens:

• Level 1 pen costs 10U and and gives a 1x voting power with an Earning coefficient of 1.
• Level 2 pen costs 100U and gives a 10x voting power with an Earning coefficient of 11.
• Level 3 pen costs 300U and gives a 30x voting power with an Earning coefficient of 31.

NFT pens:

It can be randomly obtained when users are purchasing an SBT Pen. The voting number of an NFT Pen is 36 and the earning coefficient is 40.

PS : NFT pens can be traded freely unlike SBT pens which are bound to the account

You only need at least 1 pen to use the platform , all pens are permanent ( you only need to buy it once ) .

Points :

Points are redeemed for USDT: 1 point = 1 USDT. Users need at least 10 points in their accounts to be able to withdraw. The platform gets a fee of 1 point only .

You can inject points into a created question to attract more voters and improve the chances of it becoming trending .

Question creator prize :

The question creator can receive 5% of the total number of points awarded to users who end up earning a prize for the question .

If the question becomes trending , the question creator will earn a percentage of the previous day’s Pen sales revenue .

Answering questions :

To earn points , you must have first voted for an answer. Your earnings will then depend on the phase during which you answered the question, as well a other factors :

Pre voting phase:

first 20 voters earn if their answer is the winning one .

Voting phase:

earn if the final percentage of your answer didnt drop by 5% compared to when you voted ( the higher the percentage is compared to when you voted the more you earn ) .

PS : Those participating in ‘trending’ questions, and those holding an NFT pen may earn higher rewards.

Closing phase:

last 10% voters earn if the final percentage of their answer is not lower compared to when they voted .

Elevating the debate by reasoning !

Anyone can create different reasonings to support answers and convince voters to follow them .

Supporting certain reasoning for proposed questions by liking can also earn you points ( calculated the same way as voting ) .

What's Next ?

we are currently looking to expand the platform capabilities and elevate the potential of this earning concept . really appreciate all the feedback :)

also we offer free pens for a short period of time so you can test the platform !

Website : socrates.com

Twitter : Socrates_global ( make sure its the one with yellow mark ) .

AMA .

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The original was posted on /r/cryptocurrency by /u/Realistic-Plant3957 on 2023-12-16 13:50:24+00:00.

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The original was posted on /r/cryptocurrency by /u/roastingpansexual on 2023-12-16 13:24:44+00:00.

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If I was to take out a fiat loan on a platform like say Nexo (there are loads of others), do I need to pay capital gains tax on that money? I'd be paying back the loan with crypto.

If so, why? I'm not selling the crypto. If I take out a fiat loan from the bank using a house as collateral, I don't pay tax on that. If I am paying back the loan in crypto, I am not converting the crypto to fiat. The loan provider is doing that (presumably or maybe just holding the crypto, it's none of my business what they do with it).

I know rules are different in different countries but I'm talking about USA or the EU.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-16 12:42:53+00:00.

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The original was posted on /r/cryptocurrency by /u/PrimaryHuckleberry11 on 2023-12-16 10:10:05+00:00.

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I understand that BTC has quite a high fee, as it stems from the fact of the POW design where miners need, among other things, to cover electricity and ASICs costs.

However, what's puzzling me is why the ETH fee is so high? They switched to POS, so only validators are needed. Yet, the fee is high, even higher than in the case of BTC, especially when you operate with smart contracts.

I am wondering, what is the reason that, for example, SOL and other POS L1 coins have significantly lower fees than ETH. It cannot be due to the volume of transactions, as for example, the mentioned SOL also has a huge processing volume.

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The original was posted on /r/cryptocurrency by /u/Jeeproe on 2023-12-16 08:36:27+00:00.

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Hey guys,

I hope you are all holding up and enjoying the change in sentiment over the past months!

If you look at my personal post history, you can see how i was celebrating my ‘dip buying’ back in dec 2021, then buying more at a 40k to 45k usd price range.

boyyyy, how was i wrong. this was the start of a loooong, painful bear.

Contrary though to all others giving up, I never stopped. I continued learning on Defi, discovered great Twitter analyses, made friends on discord groups, exchanging on crypto, dabbled in NFTs this summer in the absolute bottom, did my first 10x and then 20x, 30x and even 40x with nfts. Got so convicted about ETH that i moved this summer 6 figures of my net worth into it, doing yield farming and building exposure to different narratives (RWA, BRC20, gaming nfts, to mention a few)…

I really enjoyed the ride last 3 years, now I am excited about what’s to come. To grow more, learn more, take out some profits as well.

But! I think I will never fully leave this space again. Too much fun.

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The original was posted on /r/cryptocurrency by /u/IHaventEvenGotADog on 2023-12-16 08:27:59+00:00.

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The original was posted on /r/cryptocurrency by /u/qarish on 2023-12-16 08:04:38+00:00.

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CubeSat launch platform by Vector Space Biosciences (SBIO) will boost space biotech

CubeSat launch platform by Vector Space Biosciences will boost space biotech

by Brad Bartz

Los Angeles CA (SPX) Nov 22, 2023

In a new collaboration, Vector Space Biosciences, Inc. has joined forces with Oracle and NVIDIA to introduce a novel small satellite launch platform for CubeSat and NanoSats, that have been specifically designed to cater to the needs of the biotechnology and pharmaceutical sectors.

This innovative platform represents a combination of several cutting-edge technologies, including a biosciences lab, a CubeSat lab, and a language modeling/AI lab. It embodies a blend of highly targeted and large biological language modeling (LLMs), generative AI, protein sequence matching, vector databases, and advanced visualizations.

The primary aim of this platform is to facilitate the development of countermeasures against diseases associated with the stressors resulting from human spaceflight. These countermeasures are not only crucial for protecting humans in space but also hold immense potential as new forms of precision medicine for the broader population.

Once in orbit data collected from the CubeSat will be transmitted back to Earth, via ground stations operated in collaboration with Microsoft Azure Space. This data, enriched with current biomedical information, undergoes preprocessing for language modeling. Subsequently, feature vectors extracted from the trained models are employed to construct real-time hidden relationship networks. These networks intricately map the connections between genes, proteins, diseases, drug compounds, and other biochemical entities.

The data emanating from CubeSats in space is uniquely valuable. It has the potential to unlock new discoveries in drug discovery, development, and design. This data is not just about novel drug creation; it also plays a critical role in drug repurposing, a key area of discovery in the pharmaceutical industry.

A recent example underscoring the importance of drug repurposing is Novo Nordisk's Wegovy (semaglutide), a weight loss drug initially developed for diabetes management. This drug has now been shown to reduce the incidence of heart attacks, strokes, or death from heart disease by 20%, in addition to helping patients lose an average of 15% of their body weight.

Kasian Franks, the founder and CEO of Vector Space Biosciences, highlights the broader implications of their work. "Without understanding how to protect and repair the human body during spaceflight, we simply won't be establishing lunar bases or going to Mars anytime soon. However, if we focus on creating solutions in this area now, we can develop and repurpose new therapeutic applications in precision medicine that benefit all mankind, today. This is the focus of Vector Space Biosciences."

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The original was posted on /r/cryptocurrency by /u/Wildarmtin on 2023-12-16 07:43:29+00:00.

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So with all the new Ledger fud floating around, I'm starting to think having a large exchange as custodian of my coins, may not be the worst thing in the world.

If Coinbase is good enough for Blackrock, then surely they'll be able to keep my stack safe, right? With "non-sim" 2fa activated, I'd imagine it's equally as safe as Ledger at this point. No dodgy fishing NFTs being sent to my Polygon wallet (I have literally hundreds at this point), no "drainers", no fake Ledger live apps.....

Am I right or is there something I'm missing?

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The original was posted on /r/cryptocurrency by /u/Jeeproe on 2023-12-16 08:36:27+00:00.

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Hey guys,

I hope you are all holding up and enjoying the change in sentiment over the past months!

If you look at my personal post history, you can see how i was celebrating my ‘dip buying’ back in dec 2021, then buying more at a 40k to 45k usd price range.

boyyyy, how was i wrong. this was the start of a loooong, painful bear.

Contrary though to all others giving up, I never stopped. I continued learning on Defi, discovered great Twitter analyses, made friends on discord groups, exchanging on crypto, dabbled in NFTs this summer in the absolute bottom, did my first 10x and then 20x, 30x and even 40x with nfts. Got so convicted about ETH that i moved this summer 6 figures of my net worth into it, doing yield farming and building exposure to different narratives (RWA, BRC20, gaming nfts, to mention a few)…

I really enjoyed the ride last 3 years, now I am excited about what’s to come. To grow more, learn more, take out some profits as well.

But! I think I will never fully leave this space again. Too much fun.

This is an automated archive.

The original was posted on /r/cryptocurrency by /u/IHaventEvenGotADog on 2023-12-16 08:27:59+00:00.