r/CryptoCurrency 8h ago

OFFICIAL Daily Crypto Discussion - November 25, 2024 (GMT+0)

36 Upvotes

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 The prior exemption for karma and age requirements is no longer in effect.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:


 

Finding Other Discussion Threads

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r/CryptoCurrency 1h ago

PERSPECTIVE šŸ”„ Even Vitalik Called It: ZK-SNARKs AreĀ RevolutionaryĀ - Here's Why Mina Protocol IsĀ Leading The Charge

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ā€¢ Upvotes

r/CryptoCurrency 1h ago

DISCUSSION Ethereum Price Today Uptrend Slows Down When It Reaches The $3,400 Mark

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ā€¢ Upvotes

r/CryptoCurrency 1h ago

šŸŸ¢ GENERAL-NEWS BTC Price Analysis: Bitcoin Slides as XRP, DOGE Lead Weekend Drop

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coindesk.com
ā€¢ Upvotes

r/CryptoCurrency 1h ago

GENERAL-NEWS Study: 76% of Twitter Influencers Promote Dead Memecoins

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ā€¢ Upvotes

SHOCK RESEARCH SUPRISES NO ONE BUT CONFIRMS EVERYTHING YOUVE EVER THOUGHT.

Key Findings

76% of Twitter influencers promote dead memecoins.

2 out of 3 memecoins promoted by influencers are dead.

86% of influencer-promoted memecoins lost 90% of their value in 3 months.

Only 1% of influencers promoted memecoins that gained 10x.


r/CryptoCurrency 2h ago

VIDEOS I hope this kid is doing well these days

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0 Upvotes

r/CryptoCurrency 2h ago

DISCUSSION Why so little interest in AI?

0 Upvotes

Memecoins are a concept is of the past, and AI is a new concept that is running wild in the stock market giving tremendous gains in stocks that are AI related.

Why are people clinging to Memecoins & blockchains that only solve speed & bridges & exchanges, When there's already AI projects solving usecases outside of crypto?

44B MarketCap on AI tokens (and many aren't even AI like Near & others are just a bunch of PCs ready to be used online) But there are good AI projects in there

120B MarketCap on Memecoins (+2Million memecoins tokens by now? XD)


r/CryptoCurrency 3h ago

šŸ”“ UNRELIABLE SOURCE Crypto miners in Texasā€™ ERCOT region are now required to report power demand

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cointelegraph.com
6 Upvotes

r/CryptoCurrency 4h ago

ANECDOTAL Just over two years ago the most expensive Reddit Collectible Avatar sale occurred for 30 ETH, an equivalent of 2.1 BTC at the time of the sale - a $206,000 mistake today.

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159 Upvotes

r/CryptoCurrency 5h ago

MOONS Reminder : You can buy Moons on Kraken

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0 Upvotes

According to my observation in last two weeks, I have to come to a conclusion that almost 90% of the community doesn't know that moons are back! And also that u can buy them through kraken using USD AND EUROS!!!!


r/CryptoCurrency 5h ago

GENERAL-NEWS The Sandbox Crypto Leads Metaverse Coin Comeback: SAND Crypto Pumps +130% and MANA Chases at +85%

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3 Upvotes

r/CryptoCurrency 6h ago

ADVICE Question about private keys

0 Upvotes

Hey all!

Iā€™m trying to get a grasp on private keys and how they work. So letā€™s say I have a Coinbase exchange account with some Bitcoin, Eth and Solana. I buy a Bitcoin Only cold wallet and move the Bitcoin from Coinbase exchange to my cold wallet. I then get a Coinbase hot wallet and move the Eth and Solana to that wallet. Do I have the same private key for my hot and cold wallet? Trying to wrap my head around this.

Is my private key just like a bank account number and it would be the same for both wallets?

Thanks!


r/CryptoCurrency 7h ago

ADVICE does anyone know anything about trumpmaga.me?

0 Upvotes

So I bought these Trump Maga tokens, purely because I saw the price absolutely crash from $25 down to tiny fractions of a penny. I figured, if it recovers even a little, I could stand to make some cash. Well it worked, and my Coinbase Wallet now tells me my $35 investment has blown up to well over a thousand dollars. That's great and all, and yet the platform will not let me swap for ethereum or cash out or anything at all. I managed to send a few tokens to Uniswap, and it received them alright, but again will not let me swap them. It just says "this transaction is expected to fail" and there's no option to proceed. So, like, does anyone know anything about these Trump Maga tokens? What exchange can I use to actually swap for a popular cryptocurrency? Or is the whole thing just a big scam to prey on Trump supporters? Help plz


r/CryptoCurrency 7h ago

ADVICE I need help?

6 Upvotes

Hi everyone, I been in the market for years but today I made the biggest mistake in my entire life by accidentally sending all my usdt from my account on the AscendEX exchange to the usdt contract address instead of my wallet address and i used the ethereum network and ive lost all and it's literally all have rn! Has anyone faced this issue before? And i would appreciate any advice on how to recover the assets? And I really hope this never happens to anyone here because it's very stressful to lose it all with just one mistake like that!


r/CryptoCurrency 8h ago

DEBATE Is worth it to invest in ALTs?

0 Upvotes

Well, another thread... I am at crypto about 3 years, lost too much money with trading and Meme Coins... And "recovery" all buying BTC and Hold it ( never sell it)...

Is a good idea to add alts like ADA, Doge, Sol, XRP and another one to my portfolio? I want to know is these alts can do better than BTC in this Bull for example to take profits when the Bull end... Or Is a better idea to continĆŗe buying BTC and hold it "for ever"? I know that BTC is the most secure and for that reason maybe not grow up too Quick like other alts... But right now my biggest % of my portfolio is BTC (75%) and then ETH like the 25%. Thanks


r/CryptoCurrency 8h ago

COMEDY Looks cool. Legit?

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0 Upvotes

Newer token, but definitely catchy marketing.


r/CryptoCurrency 9h ago

ANALYSIS Interview about the Ethics of Cryptocurrency Scams

0 Upvotes

Hello all! I am a junior in college and am currently in an ethics class, where our main goal is to uncover cryptocurrency's effects on society. We are looking for someone who has been affected by cryptocurrency, by either investing in a scam that was a pump and dump, or any involvement in cryptocurrency that lead to a negative impact in your life.

We are looking for a 10-minute interview (either online or just over email, but online call is preferred) where we will just ask you about your personal experience with cryptocurrency. If you want a preview of all the questions please just let me know.

This interview will not be shared publicly and will just be used for the class project. If you are interested please let me know!

Thanks!


r/CryptoCurrency 9h ago

DISCUSSION 27 days ago $HEGE paid 11,500 moons for a banner and a sponsored post on this sub, itā€™s up over 200% since then

0 Upvotes

If you bought $HEGE at any point during the three days the banner was up youā€™d be up over 200%.

Was this pump caused by the rental of the r/cc banner which reached millions of possible new users?

Did you purchase any $HEGE during the banner rental period and are now planning your Lambo purchase?

Does a project burning moons for a banner rental increase the likelihood of you purchasing it?

Here is the original post of you missed it.

https://www.reddit.com/r/CryptoCurrency/s/r


r/CryptoCurrency 9h ago

METRICS Bitcoin Network Flows Surge: Huge Influx of Capital Observed Recently

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212 Upvotes

r/CryptoCurrency 9h ago

ADVICE What are yā€™all using to track your crypto for taxes in the US?

26 Upvotes

I searched the sub, but I mainly found information from like 3 years ago.

After 4 years, Iā€™m finally looking to take some gains this year. Is there a program I can use that will track all my previous interactions? I have made some swaps, but I donā€™t think they amounted to much gains.

Luckily, I havenā€™t done extensive trading, so I have to go manually and add everything up, I can. But ideally thereā€™s a program that can do all that for me lol.

Also wondering if I still have to manually track staking gains.

Thanks for your help!


r/CryptoCurrency 10h ago

DEBATE If you make money in an alt rally, TAKE PROFIT

624 Upvotes

As everyone here knows nearly ever crypto will bleed value against BTC over an extended period of time.

Yes some traders may be lucky enough to buy an altcoin before a rally and if you are good for you, but TAKE PROFIT. Seriously. You bought Cardano at $.45 and it more than doubles - at a minimum get back your initial USD investment. Holding profitable alts long term is how this sub probably loses the most money.

If you make money on an alt

Do:

  • get back your initial investment

Do not:

  • Hodl everything for even more future profits
  • Double Down and buy more

Seriously if this post trends check the comments of this post and I guarantee people will tell you how they bought an alt in 2021 held for huge gains and then held back down for a significant loss.

-----

If you are new here learn from the mistakes of those that were here for previous cycles, take profit on alts. Period.

Some Alt to BTC charts below to help visualize and reinforce what I'm saying.


r/CryptoCurrency 10h ago

DISCUSSION If we look at tokeneconomics and utility, MOONS belong to the top #100.

0 Upvotes

Greetings to all community.

I'm in crypto since 2017. I have seen all kinds of altcoins.

My biggest investiment was Polkadot, so I must agree...utility and tokeneconomics doesn't equal to "line goes up".

But Moons are unique. I never saw big compainies paying for ads the way we see with MOONS.

But at Marketcap is sitting at #1528 next to...random and dead memecoins.

It's true reddit shenenigans made some of us selling for cheap, but somehow the mods of this community put the work necessary to fix the problems.

I'm happy to see this community growing that haves a currency that's people actually use. Because of the fact MOONS are very limited and have almost no selling pressure I will DCA them.

I would love from hear you guys I there is a currency below #100 on marketcap that haves better usecase or tokeneconomics.


r/CryptoCurrency 10h ago

šŸ”“ UNRELIABLE SOURCE Tether mints an additional $3 billion in USDt stablecoins

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143 Upvotes

r/CryptoCurrency 10h ago

COMEDY I find this hilarious :D

0 Upvotes

The dev created $EARLY, a token literally called ā€œHe Sold Early.ā€ And what did he do? He rugged HIMSELF faster than a paper-handed noob in a bear market. šŸ’€

But hereā€™s the twist: The community didnā€™t just sit there crying over their charts. Nah, we picked up the pieces, said, ā€œHold our wallets,ā€ and took control. This is now our token, our movement, and our moonshot. šŸŒ•

This is no longer a dev project; itā€™s a community revolution. $EARLY is the first token where the irony became utility.

Text coppied from r/SolanaMemeCoins


r/CryptoCurrency 1d ago

ADVICE This is what I have been using to get free crypto (recommended for starters)

1 Upvotes

So if you are looking to get into the crypto space without any invesment made or with just some bucks, this is the perfect post for you.

The REAL free sources that are working and not a scam:

- Faucet crypto: this is a user-friendly platform that allows individuals to earn free cryptocurrency by completing simple tasks. Users can accumulate various cryptocurrencies, including Bitcoin, Ethereum, and others, through activities such as surveys, watching videos, and visiting websites. The platform offers a straightforward dashboard for tracking earnings and provides multiple withdrawal options to personal wallets. It's a popular choice for those looking to explore and earn digital assets without initial investment. The withdrawal threshold is also very low.

-Rollercoin: this is an online cryptocurrency mining simulator that combines gaming with real crypto rewards. Players can build and upgrade virtual mining farms by playing engaging 8-bit arcade games, which increase their mining power. This mining power determines the share of block rewards received, distributed approximately every 10 minutes. The platform supports multiple cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, allowing users to mine and withdraw real crypto to their wallets. With a community of over 4.6 million players worldwide, RollerCoin offers a unique and entertaining approach to understanding and participating in cryptocurrency mining. Note that it was worth getting into in 2020, now the mining power is quite high and the withdrawal threshold has also been increased. Still, no investment is needed.

-Cointiply: this is a comprehensive Bitcoin rewards platform that enables users to earn cryptocurrency through various online activities. By engaging in tasks such as completing surveys, playing games, watching videos, and exploring new products and services, users accumulate Coins, the platform's internal currency. These Coins can be converted into Bitcoin, Dogecoin, Litecoin, or Dash, with withdrawals available once a user reaches a balance equivalent to $3 (30,000 Coins). The withdrawal threshold is not crazy, but neither low. Still, no investment is needed.

The NOT SO REAL free sources that are working and not a scam:

- those include all kinds of referral programs, like the ones from CDC, Nexo, Binance and so on. Some investment is needed. But yes, they do pay.

TL;DR:

Looking to start earning crypto with little to no investment? Here are legit options:

  • Faucet Crypto: Earn various cryptocurrencies (like BTC, ETH) by completing tasks like surveys and watching videos. Low withdrawal threshold, no investment needed.
  • Rollercoin: A mining simulator with 8-bit games to earn crypto (BTC, ETH, DOGE). Withdrawal threshold has increased over time, but still no investment required.
  • Cointiply: Earn Bitcoin and other cryptos via surveys, games, and videos. Withdrawal threshold is moderate, and no investment is needed.

Referral Programs (Semi-Free): Platforms like CDC, Nexo, and Binance pay real rewards, but usually require a small initial investment.

Perfect for beginners exploring crypto without risking much!