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https://www.reddit.com/r/CryptoCurrency/comments/zqo1ci/restaurant_reservations_seem_like_the_perfect/

As the title suggests, I think this is a great opportunity. TBH, I was thinking about it a while about how can a blockchain be useful in the restaurant reservations, and it fits perfectly. Let me explain. Today there’s massive fragmentation of mutually incompatible online reservation systems. OpenTable, Resy, Yelp, EatApp, Dineout, EazyDiner etc. None of them work together, because they’re not open protocols. There is no common sync between them. How do blockchains fix this? They’d replace the proprietary silo’d databases of OpenTable and Resy with a neutral open-access data layer and standardized interface In practice what does this look like? Each restaurant would have its own reservation management smart contract. To book, cancel, modify or check availability users would query the restaurant reservation smart contract. Unlike with multiple reservation systems, there’s no risk of double bookings or lost reservations. As many third-party systems as possible synchronize perfectly. The restaurants themselves define times and availability. Users could make reservations directly, through third parties, or even anonymously (scan a QR code when you arrive). Because we already have money on the blockchain, deposits, booking fees and cancellations are as easy as it can become. With ENS and other naming domains, discovering the reservation contract of any given restaurant is straightforward. It will be as simple as googling the name and location of the restaurant. Now we’ve broken down the vendor locking. Building a new and better reservation (or reservation management) app is simply about user experience. No more chicken-and-egg. If you think you can do a better job than OpenTable, you don’t have to convince restaurants to move their entire business over from OpenTable. You just point at the same open reservation smart contracts that everyone else uses. As blockspace becomes cheaper, faster, and more scalable, smart contracts start looking a lot like the CRUD backends that power a lot of high margin hosted software… Except smart contracts are open by default and cure the problem of vendor lock-in monopoly decay ​ Can anyone suggest any possible issues with this? What are your thoughts on this?

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 08:07:54

https://www.reddit.com/r/CryptoCurrency/comments/zmlerg/dyor_framework_a_guide_on_how_to_research_and/

Finding a good project during a bear market is a great utilisation of your time, and helps you in overall understanding of the project you are investing in. I have tried to construct a framework for how to research any coin, and to see if it fits in your investment criteria. Some tokens might go to $0. Others might break all-time highs in the next cycle. We have to evaluate possible bull market winners and losers. This is just a framework for the same. ​ Here is the criteria we will be looking at: 1. Revenue 2. Treasury 3. Tokenomics 4. Locked up funds 5. Use case 6. Roadmap 7. Team funding We can also add weightings to each category and provide an average score. It gives you more flexibility to weigh certain criteria more heavily than others. Let’s go through step by step. **Step 1 –** Assign weightings to each criterion. Higher weighting = more important. Each person may want to assign different weightings depending on their own personal experience. E.g. after FTX collapse- you might weight "Team" as more important. **Step 2-** Rank your project against each criterion out of 10 (Raw score). 1 being very poor and 10 being excellent in that category. **Step 3-** Calculate your weighted average to give your project a score out of 10. [You can make your own document, just like I did here.](https://docs.google.com/spreadsheets/d/1Da6duyw04PM1PrWuqy4mg6MJkQLDALc4rc1tbXJQnXg/edit?usp=sharing) We are going to step through each category and outline some of the free resources I find useful to gather data and information. This will assist you with informing your decision for Step 2- which I find is always the hardest part of the process. **1. Revenue** Is the protocol generating revenue? This is like analysing companies on the stock market- you want strong growth and increasing revenue that delivers value back to the shareholders. Good businesses all have strong revenue streams. Crypto Projects can generate revenue in many ways * Transaction fees * Trading fees * Liquidation fees * Staking fees * GameFi mechanics [Token terminal](https://tokenterminal.com/) and [DefiLlama](https://defillama.com/) are great websites to find data relating to revenue and protocol fees. ​ **2. Treasury** What is in the protocol’s treasury? How much runway has the project got before they burn through their reserves. Projects need to pay for devs, marketing, partnerships, listings etc. Bigger is better here and diversity of assets in the treasury is also key. You don't want a treasury that is too concentrated with the projects own token (remember FTT and LUNA?) Again, Token terminal is a great website for treasury findings. ​ **3. Tokenomics** Ask yourself these key questions * Is the token supply capped? * How many tokens have been issued? * Are there any buybacks/ burn mechanisms? [coingecko](https://www.coingecko.com/), [messari](https://messari.io/) and project whitepapers are some of the great resources for researching tokenomics. ​ **4. Locked up funds** This category is closely linked to tokenomics. Sometimes projects will offer incentives for people to lock up their token and receive higher rewards (Staking fees etc). This reduces buying pressure on the token and increases long-term sustainability. On the other hand, it’s important to consider vesting schedules and token unlocks to see if there will be large amounts of sell pressure in the future. There is a large amount of tokens being unlocked in 2023 for dYdX. Similarly, a lot of tokens of Algo got unlocked in 2021. ​ **5. Use Case** What is the project/ tokens use case and utility? Why does it exist and how does it provide value? What problems does it solve? If something is useful, more and more people will use it, leading to greater adoption and network effects. My favourite place to look at this is [DefiLlama](https://twitter.com/DefiLlama) dashboards where you can get all the TVL and DeFi stats you would ever need. ​ **6. Roadmap** You have found an awesome project, but do they have a clear and strategic direction for the future? Good projects will execute and hit key dates/ milestones and update their roadmap with new initiatives. [MessariCrypto](https://twitter.com/MessariCrypto) and project whitepaper are good resources here. ​ **7. Team/ Funding** Who is the team made up of? * Are they doxxed * Experience in Web3 * Active on socials * Code being published on GitHub * NO CULT LEADERS Who has invested in the project in the early stages? If the project is backed by prominent investors/ VCs then it increases its chance of success. Although as we have seen lately with FTX, this is not always the case as institutional money can get it wrong. This is a framework, and you can make changes in yours, as per your requirement. ​ I have taken help of [The Defi edge](https://twitter.com/thedefiedge)'s thread mentioned here: [thread from which I took help.](https://twitter.com/thedefiedge/status/1533061461169172481) You can go through the thread too. Thank you.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 08:44:51

https://www.reddit.com/r/CryptoCurrency/comments/zf80rt/us_dollar_usd_whitepaper/

You must have seen a lot of whitepapers, from BTC to Ethereum to many others. I found this whitepaper of Fiat currency US Dollar (USD), which I wanted to discuss. It has been written by an anonymous person who explained the working of USD. I modified it a bit to match with the recent events. Do give it a read to understand the details. It is a must-read. ​ **Overview** The following information is meant to serve as a broad informational piece touching on current macro global economic conditions, and how the central bank for the US influences control of the macro economy. Please keep in mind when reading that it is in no way intended to be a comprehensive insight into every single facet of the subjects covered and contains several opinions of the author. I hope that content below serves to help you better understand operations of the Fed, the current economic climate, and why Bitcoin is more relevant today than at any time in the past decade. **The Fed** The Federal Reserve was created in 1913 with the goal of central control of the monetary system to mitigate financial crises and achieve stability of the US Financial system. Here we will cover its primary tools for affecting the economy. The first and primary tool the Fed possesses is the discount rate. The discount rate is the interest rate at which The Fed lends to member banks. This is primarily meant to be a backup source of liquidity, with the intention that the Fed is a lender of last resort, or an emergency backstop to keep banks from failing in times of liquidity crisis. Decreasing this rate makes it cheaper for banks to borrow, and subsequently increases the amount available credit and lending. Inversely, raising the discount rate has the effect of making borrowing more expensive for banks, and reduces credit and lending activity. Once again, this is intended to be a backup source of liquidity, not a primary means of liquidity. Member banks will prefer to borrow from or lend to each other for any shortages or excess capital from their reserve balance through the overnight lending market, which brings us to their next tool, The Federal Funds Rate. The Federal Funds Rate is intended to be a guidepost for member banks to set their rates by for borrowing amongst each other. Banks are required to keep a certain percentage of their deposits on hand to cover depositors’ withdrawals and other obligations. If a bank finds that it will have an excess of capital in relation to it’s determined needs at the end of the day, it will seek to lend this excess through the overnight lending window to other banks at an interest rate. Conversely, if a bank finds itself with a shortage of reserves, it will seek to borrow funds to shore up its reserves to the appropriate level. These loans are only for overnight terms to adjusts reserves based on needs and are not long term. Keep in mind that the fed funds rate is just simply a target, and the actual rate will vary depending on supply and demand for overnight lending, and is also pursed by the Fed through in open market purchasing or selling of treasuries, effectively increasing or decreasing the money supply, to move towards the intended rate.  **What is inflation? Deflation? Why is it important?**           Now that you should have a general understanding of the Fed’s primary tools for controlling the economy, let’s build on that foundation, and explain how it achieves its central goal of maintaining stable inflation through them. First it is important to understand what exactly inflation is. At its core, inflation is simply a function of supply and demand for money. This is due to several contributing factors, however here we will keep the explanation simple. This can be defined as the decrease in the purchasing power of a given currency, relative to increasing prices of goods and services in an economy. On the opposite end, you have deflation, which can be defined as the increase in purchasing power of a given currency, relative to the decreasing price of goods and services. So why does the Fed care so much about controlling inflation? As we noted in the prior section, their primary purpose is to maintain economic stability. When inflation runs too hot, the US dollars purchasing power shrinks, and when it is too low, its purchasing power is increased. By increasing or decreasing the money supply through influencing interest rates, the Fed can effectively stimulate or slow down the economy. The Fed has long maintained a target inflation rate of 2% per annum. So why is inflation such a hot topic of debate currently? You are likely reading or hearing about inflation on almost a daily basis currently. If inflation is allowed to run too hot or rise excessively, you risk entering hyperinflation, a state where prices of goods and services rise so quickly that you risk economic meltdown, as individuals struggle to afford items due to the rapidly accelerating depreciation of their currency. This also has the effect of causing the general population to flee to other forms of currency, i.e. foreign currencies, or other stores of value like gold, silver, etc.  **How Did We Get Here?** Current macro-economic conditions have been largely impacted by over two decades of unprecedented expansive monetary policy. This began with the 2001 recession, and eight-month economic downturn set off by the Y2k scare and culminating with the September 11, 2001 attacks on the World Trade Center. To maintain economic stability, the US Federal Reserve worked to lower rates to the lowest levels seen in the post Bretton Woods Era (the era following the abandonment of the gold standard). These historically low rates, combined with federal policy created to encourage home ownership, set off a boom in real estate and financial markets alike, causing a steep rise in total mortgage debt. Firms created new types of lending products, with lax credit standard for borrowers who could not previously qualify (known as “subprime”), with the expectations being that rates would remain historically low, and that home prices would continue to rise indefinitely. Prime examples of just how creative lenders to get to originate more loans during this period were products such as “Stated Income Stated Asset” loans (SISAs), and “No Income No Asset” loans (NINAs). Greed was rampant, and everyone was making money slinging risky loans. It was not uncommon during this period for loan officers (LOs) to coach their clients to call back and falsely state the necessary income needed to qualify. Appraisers were even paid off to make sure homes met the necessary value for the loan to close. LOs also received higher compensation for placing customers into higher rates, often leading to predatory lending. Another key contributing factor to the incoming collapse was the prolific use of the Adjustable Rate Mortgage during this period, known in short as ARMs. ARMs have an initial period of fixed interest, lower than traditional products. Once this initial period ends (typically three, five, or seven years), the rate then starts adjusting based on the index it is linked to (typically LIBOR during this time). The initially low rate was used as selling point by loan officers, who hawked these products to borrowers with the premise that because rates would stay low and home prices would keep increasing, the borrowers could simply just refinance once the fixed period of the loan ended. The result of this sudden boom in lending led to high demand for housing, which consequently caused the prices of goods and services to rise. From 2004 through 2006, the Fed slowly began slowly increasing interest rates to offset rising inflation. Good intentions can often lead to unintended consequences, and the increase in rates had a negative effect when these recently originated ARMs, with borrowers finding their previously low rates rising dramatically when they began to reset to the adjustable period of the loan, causing interest rate shock, and subsequentially mass default. To make matters worse, lenders had discovered that by packaging many of these risky subprime loans with higher rates into tranches within new securities with A paper loans (loans made up of borrowers with ideal credit and profile), they were able to maintain a better rating on the security, making it attractive to investors looking for investment vehicles with better returns. Financial institutions and banks became heavily over leveraged with these investments, ignorant to the ticking time bomb that was these incredibly risky loans packaged into their investments. The collapse began with investment banking giant Bear Stearns and culminated with the shuttering of Lehman Brothers. The ensuing fallout devested the US and spilled over globally, and the economy plunged into a deep retrace, now known as the “Great Recession”. The Fed sprang into action to try to keep the collateral damage to a minimum. The Fed Funds rate was slashed to a record low target of 0%-.25%, with the discount rate only slightly higher. They spun up what is now known as QE, or quantitative easing, which is to say, the central bank started injecting liquidity into the economy by purchasing of government bonds and other assets, including MBS (Mortgage Backed Securities). Fannie Mae and Freddie Mac, both the primary GSEs, or Government Sponsored Entities, were bailed out by the US government, and placed into conservatorship to ensure they remained solvent. Banks were provided with a staggering 7.7 trillion dollars of liquidity in the form of loans, and 787 billion in deficit spending, to try to stimulate the economy. New financial regulations were created to reform the broken system, known as the Dodd-Frank act. After going through a period of sharp but brief deflation, the former actions returned inflation to the forefront as the money supply was rapidly increased once again. The economy officially exited the recessionary period, and we entered the last decade, which has been the longest period of economic expansion in history. But at what cost was it to make this possible? In 2013 Ben Bernake (The Fed Chairman at the time) announced that they would begin reducing the rate of asset purchases at a future date, and effectively begin to reduce the money supply. The mere news of this caused bonds yields to rise sharply, and investors to panic, with the DOW experiencing only a temporary decline in mid-2013. This event came to be known as the “Taper Tantrum”. In 2015 the Fed finally embarked on their intended goal to taper asset purchases. Between December of 2016 through December of 2018, the Fed had gradually raised the Fed Funds Rate eight times. In 2019, the market began to stall and grow slowed. In March of 2019, the yield curve became inverted for the first time since the Great Recession. The yield curve is a way to measure bond investors’ appetite for risk. When the yield curve becomes inverted, this means that short-term yields exceed longer term yields, and the term spread becomes negative. Effectively, this signals that the market is betting on interest rate declining. The inversion of the yield curve has an impressive record for predicting incoming recessions. It has inverted before each recession in the past 50 years, with the recession typically happening one year after the inversion on average. President Trump, who had been frequently associated with the robust performance of the stock market during his tenure, started to panic. He began to pressure the Fed to reverse course and start another round of rate cuts, seeking to keep the economic expansion rolling. This was at odds with his prior statements, particularly during his election run, criticizing the Fed for keeping rates too low, and letting them rise to a level that would naturally attract private investment, allowing the Fed to unwind its balance sheet. Facing increased political pressure, the Fed complied, rates were once again slashed, and markets returned their ascent to new highs. Moving into 2020, as you the reader are aware, the world saw the emergence of the covid-19 pathogen. As the virus began to quickly spread nation by nation, the markets began to panic. It became clear that life as we know it would be essentially put on pause. The market panic began to create fallout. With the economy closing and the government barring lenders from foreclosing on borrowers due to missed payments because of job loss, mortgage lenders found themselves in a particularly difficult situation. They began to tighten credit standards, attempting to limit the amount of risk they would taking on with newly originated loans. Liquidity was drying up so fast, many found themselves with a potentially large amount of loans on their warehouse lines and nowhere to deliver them.  The MBA, Wall Street, and President Trump began to call for help from the Fed. The Fed complied, slashing the Fed Funds Rate and discount rate to at or near 0%, completely undoing any previous rate hikes. They also announced several special purpose vehicles, designed to inject liquidity to support the flailing markets. The level of QE was more substantial than even a decade ago. Markets, high on the news of the incoming flood of liquidity, reversed course instantly. Mortgage Banks were suddenly caught in another precarious position. Because they hedge their interest rate risk on their pipeline, they began to find that their recent hedge positions on these pipelines began to blow up, forcing massive margin calls industry wide. It was chaos, however the pain in across Wall Street and Main Street slowly eased as stocks marched back towards previous highs. **What Happens Next?** So, what happens now that record expansive monetary policy is once again threatening to throw the dollar into hyperinflation? It is a conundrum of a colossal magnitude. By taking such extreme measures so quickly, the Fed has essentially propped up all markets on an avalanche of liquidity and stimulus, and they will find them to be extremely rate sensitive. The smallest adjustment to policy could send shock waves through the markets once again, and potentially collapse. Logically, they will have to act slowly, with extremely tempered message to participants. It could be argued that it may be impossible to reverse course at all without causing devastation to the economy. The truth is the action was not well thought out and was completely knee jerk in response to political pressures. That is not to say it was unnecessary at all, but the support should have been more gradual. The hard truth is that markets are cyclical in nature. The bear markets are just as necessary as the bull. In a sense, they mimic life. Just as we need winter for the ecosystem to die and regrow stronger, markets must go through recessions to rebuild and bounce back. The past three recession have been short term because they have not been allowed to play out organically, as they should be. Now this leads us into the topic you readers are surely most interested in. What does this mean for Bitcoin? As the world’s only asset with a fixed supply, it seems perfect. It was born out of the Great Recession to guard against Central Banks’ reckless disregard. But will it just continue to shoot through to the heavens due to rising inflation pressures, with the dollar subsequently crashing? Not so fast. Despite what has been said publicly by the Fed so far in terms of letting inflation run hot, make no mistake, they are concerned. They cannot, and will not, just stand by as the dollar crashes. You must remember the US Dollar is the world’s reserve currency. It cannot maintain that position if the value continues to implode. They will eventually be forced to act to preserve the strength of the dollar. The US’s place as the largest economy relies on it. Governments also prefer sovereign currencies. They are easier to control. What is to keep a government from enacting regulation to limit Bitcoin’s prolific spread, or banning and confiscating it? Many of you may be rolling your eyes in contempt, but you must consider the possibility. This has happened in the past, and can happen again (see Executive Order 61020). Furthermore, Bitcoin still trades like a risk asset. I hear arguments about how it is an optimal store of value. Is it though? An optimal store of value does not have wild swings in valuation, which truthfully currently makes it quite suboptimal. The counter argument I often hear to this prior statement is that it always outperforms over time. That, however, does not make it an optimal store of value. Something that must go through a 50-70% draw down before seeing a return to original value cannot be considered a optimal store of value. That is not to say that it will not get there. With adoption, ideally it will stabilize in time, and the violent swings we are accustomed to will be a thing of the past. The likely scenario is that we are on the verge of one of the greatest bubble collapses of all time. In theory, this could even be brought on by a collapse in bitcoin itself. That may sound ludicrous but consider the sheer amount of institutions that recently gained exposure on their balance sheet, many significantly so. All a bubble needs to pop is a catalyst. History does not always repeat, but if often rhymes. Just as the economy’s boom of risky mortgage assets was the downfall of institutions leading to the Great Recession, what if this decade’s catalyst becomes the very thing intended to save it? ​ **My views:** I know, this is going to be a long read, but I think it's important if you are investing in risk assets. It will help you understand global economics quite clearly. We will be shifting from the CPI narrative to the recession narrative in 2023 IMO. It is a general view that recession is bullish for investors and you can buy things at discount, but it is not. If we look at the history, Recession lasts long. Easy to say that recession is bullish when looking at a chart. Everything goes up when the recession ends. Try longing the bottom when you and your spouse have been laid off, can’t find a job, and have 1-3 months of runway before you can’t afford your mortgage payment. Recession is bullish only when you have a job security or if you have a lot of money, otherwise you are fucked. People have been asking, aren't we in the recession already? I think no. 1. We have record low unemployment 2. Wages are up 3. GDP is up I think that recession comes post rate hikes as growth comes to a halt. It's lagging as of now. I think most people have been too optimistic that we can fix 10 years of what the fed did in 1 without any consequences. I think time is still a price we have to pay with stagnation with a recession somewhere along the way. I also think many people here mix "capitulation" with "crypto capitulation", we haven't seen one in traditional markets and when it comes we'll get wiped too. ​ ​ I am pretty sure most of the people won't even read this, and say that 'Bottom is in', and 'This is the bottom indicator' without understanding 1% of what I just said. Never live in that kind of bubble. Always be critical of your investment decision and always question yourself. Try to understand global economics. It will be extremely beneficial for your investment decisions. ​ Be wary with your decisions. Be safe. Hope you all happy holidays. Thank you. You can ask any questions. I will try my best to answer you as best as I can.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 12:49:29

https://www.reddit.com/r/CryptoCurrency/comments/zdfg8n/perpetual_protocol_and_perpetual_dex_101/

In the financial system, a perpetual futures contract, also known as a perpetual swap, is a transaction representing an agreement to buy or sell an asset at an unspecified point in the future. It also allows users to trade using margin or leverage (using borrowed funds). In layman terms, a DeX or a decentralised swapping protocol where you can trade futures. This means that rather than having the capital to trade a large notional value of the underlying asset (say, 500 ETH), users can just deposit a small part of it, leveraging their capital. Users can trade in both directions by buying (long) and selling (short) perpetuals. In short, users are using borrowed funds to bet on the future price of an asset. Perpetual futures are a solution to enable derivatives markets for illiquid assets. They rose in popularity when introduced by BitMEX in 2016. Cryptocurrency perpetuals usually offer high leverage, sometimes over 100 times the margin. In 2022, these instruments on centralized exchanges like Binance, Kraken, and  BitMEX will generate billions of trading volume daily, even beating spot crypto trading. However, there are now also decentralized platforms for perpetual markets.  This article will cover relevant players in the Perpetual DEX sector, comparing their main features and key metrics: * dYdX  * GMX * Gains Network ## dYdX Launched in 2017, dYdX is a DEX that runs smart contracts on Ethereum to offer perpetual contract trading, margin trading, spot trading, lending, and borrowing services. Users deposit their collateral at the dYdX exchange and start trading perpetual contracts. But that is not the only way an investor can interact with the exchange. He can deposit USDC to the exchange trading pool (thus becoming a liquidity provider) and receive a yield on that capital. The exchange has a token (dYdX) that is received as a reward when you are a liquidity provider on their Liquidity Pool and can be staked to be part of the protocol’s safety pool. ## GMX GMX is a decentralized platform for spot and perpetual contract trading that supports users to leverage up to 30x on their trades. The protocol launched on Arbitrum in September 2021 and then went into Avalanche at the beginning of 2022. Similarly to dYdX, an investor can also provide liquidity to GMX’s trading pool to receive rewards. One difference is that he can send UDSC and other tokens (BTC, USDT, DAI, etc) to the pool; another difference is that the platform has two tokens: GMX and GLP. Investors can buy GMX and stake it to collect shared revenues from the protocol. GMX is the token used for Governance. GLP is given to investors that provide liquidity to the protocol and also can be staked. Fees are split between GMX (30%) and GLP (70%). Recently, GMX passed Uniswap in terms of trading fees. >Decentralized exchange GMX has evolved as a serious competitor to established industry players such as Uniswap in the wake of [FTX's collapse](https://www.coindesk.com/business/2022/11/29/sam-bankman-fried-addresses-withdrawals-ftx-collapse-in-newly-released-audio-interview/). > >On Monday, GMX earned $1.15 million in trading fees, surpassing Uniswap's $1.06 million for the first time on record, according to data tracked by Delphi Digital. > >The decentralized exchange, which allows users to trade perpetuals or futures with no expiry without an intermediary using smart contracts, is perhaps benefitting from a broader shift toward perpetual-focused decentralized platforms triggered by the recent fall of centralized giant FTX. > >GMX has pocketed $15.7 million in trading fees in four weeks, becoming the fifth-largest decentralized application, ahead of prominent players lincluding dYdX and AAVE. ​ ## Gains Network Gains Network is a decentralized perpetual exchange on Polygon. It launched gTrade, a decentralized leveraged trading platform with synthetic assets. Unlike the dYdX and GMX, these synthetic assets enable it to offer a wide range of leverages and pairs (up to 150x on cryptos, 1000x on forex, and 100x on stocks). On Gains Network the investor also can provide liquidity to the vault (DAI in this case) used as counterpart to the trading activity, and receive rewards/revenue from the platform. The protocol has two tokens: an ERC-20 token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs were created to be actively used within the platform. GNS holders receive platform fees when staking through Single Sided Staking, paid in DAI. NFT holders get reduced spread and boosted rewards, on top of the regular ones.  [Perpetual protocol](https://perp.com/) [news regarding GMX surpassing uniswap](https://www.coindesk.com/markets/2022/11/30/perpetual-focused-decentralized-exchange-gmx-surpasses-uniswap-in-daily-fees-earned/) ​ Thank you. ​ ​ ​ ​

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 13:41:59

https://www.reddit.com/r/CryptoCurrency/comments/zckx0p/tracking_the_altcoin_outperform_shopping_list/

On 30th December 2021, Adam Cochran, a crypto influencer and crypto VC, wrote a twitter thread of 206 tweets. Yes, you read it correct. He wrote a 206 tweets thread with an altcoin outperform shopping list for 2022. For anyone who want to go through his entire thread: [nitter link for 206 tweet thread](https://nitter.net/adamscochran/status/1476652328736342023?s=12&t=DwPkY5K4IPGBccTVBEcIOA) He picked 40 altcoins that he thought were going to outperform BTC and other index in 2022. He divided his picks into 6 different categories: 1. God tier 2. Strong outperform 3. outperform + key-tier pre-farms 4. Value 5. Risk-on 6. High risk As it has been almost a year he gave his picks, I made a table to analyse how these coins did in 2022. I compared the prices of the coins on 30th dec 2021 with today (4th dec 2022). [TABLE FOR PERFORMANCE COMPARISON COIN-WISE](https://preview.redd.it/ebi92casxx3a1.png?width=1026&format=png&auto=webp&s=6f864d6c524bda1c075f07465dbb52a51848362c) || |:-| [PERFORMANCE- CATEGORY WISE](https://preview.redd.it/ztzb8858yx3a1.png?width=400&format=png&auto=webp&s=9df88d8323c44b7ffca4f75549f60382aba4c8c5) As seen from the table, we can conclude that if we had invested according to Adam Cochran's picks, we would be down 82% on our portfolio. Also, as seen, only three alt-coins (YFI, LDO and RAMP) out-performed BTC, and that too by only 2-6%. Two altcoins, AP3 and CAP were rug-pulled and they are currently not untrackable on CoinMarketCap, while BABL is 99.93% down. Only 2 Altcoins outperformed ETH. Hence, in conclusion, we can say that, instead of following a crypto-influencer on Twitter and making your financial decisions, you should DYOR and invest. **‘There is an old saying about analysts, In a bull market you don’t need them and In a bear market, they will kill you’ That’s actually insanely accurate** ​ Thank you. ​

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 15:39:08

https://www.reddit.com/r/CryptoCurrency/comments/zasx9m/sbf_admits_exchanges_like_ftx_issue_fake_bitcoin/

I know, another SBF post. I generally avoid posting about SBF. but, I think this is something important. People should know that when you buy BTC on CeX, you are actually buying paper BTC. In a recent talk on twitter space, Ran Neuner from CryptoBanter asked SBF: >Ran: The reason why there were no BTC left on exchange was because no BTC existed on exchange. You were just letting us buy notional tokens that really didn't exist.Because, if not, you should atleast have USDC somewhere if not BTC (if SBF sold BTC for USDC). > >SBF replied: Yeah right. I believe that what you are saying is in-fact part of what happened. Here, SBF admitted that he in-fact had no BTC at the exchange. The clip is here : [https://nitter.net/RobboStreak/status/1598456629116243971#m](https://nitter.net/RobboStreak/status/1598456629116243971#m) IMO, what was happening was, we know that BTC inflow in FTX was always greater than Outflow. So, if X BTC came into the exchange and Y BTC left the exchange (X>Y), SBF would sell the remaining BTC (X-Y) to support FTT and Alameda research. This is the way he used customers funds to gamble. When you hold your token on exchanges like FTX, you are actually holding a paper token. Fake BTC can be issued until you withdraw your btc in a coldwallet. Then, the exchange need to sell you a real one. That’s why people need to understand: « not your key, not your cheese» This is bad for the economy of crypto too. BTC Prices remains suppressed as people are mistakenly buying paper BTC, and hence, demand of BTC also gets suppressed. STAY SAFE PEOPLE. NYKNYC. ​

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:05:17

https://www.reddit.com/r/CryptoCurrency/comments/z9vd6c/india_launched_its_cbdc_erupee_today_an_update/

The retail pilot of the Reserve Bank of India’s (RBI) digital currency has gone live on December 1, 2022. Touted as e-Rupee or digital rupee, the RBI's central bank digital currency (CBDC) is an electronic form of sovereign currency. # What is retail e-Rupee? Retail digital rupee can provide access to safe money for payment and settlement as it is a direct liability of the central bank, believes the Reserve Bank of India. Simply put, retail CBDC is an electronic version of cash primarily meant for retail transactions. A lot of people from the west talked about the control government will have, after they launch CBDC. India actually did a great thing here. The central bank has asked lenders not to report low-value transactions made via the digital rupee, seeking to ensure its proposed virtual currency offers a similar degree of anonymity associated with paper money for business exchanges below a material value threshold. Bankers told that once the CBDC-R (Central Bank Backed Digital Currency-Retail) is transferred to customer wallets, **banks will not track or report these transactions.** Currently, customers and merchants in the CUG in these cities will be able to use the e-rupee or digital rupee. "Retail e-Rupee will also enjoy fungibility with other forms of money. The idea largely is to move towards a cashless society and to provide the same privileges to end users that they enjoy with cash but largely in a digitised manner," said Mayank Goyal, Founder and CEO, moneyHOP. # How to use e₹-R? The e₹-R will be issued in the same denominations that paper currency and coins are currently issued. Users will be able to transact with e₹-R through a digital wallet offered by the participating banks and stored on mobile phones or devices. "Customers will be able to create a wallet having digital tokens of e₹-R and can use it for various transactions or use cases with selected banks in the pilot. The e₹-R will be legal tender backed by the central bank and will be interoperable with existing bank accounts," said Mihir Gandhi, Partner & Leader - Payment Transformation, PwC India. e₹-R for can be used for both person-to-person (P2P) and person-to-merchant (P2M) transactions. Customers can make payments to merchants using QR code displayed at merchant locations. QR-codes are now available to merchants in the Four cities: Mumbai, Bengaluru, New Delhi and Bhubhaneshwar. Image of QR-scan code for e-Rupee transaction: [https://imgur.com/a/a9Ko1L5](https://imgur.com/a/a9Ko1L5) Since it provides a regulated alternative to cryptocurrencies in the market, the CBDC would lead to more robust and reliable payments, lowering the dependency on cash. The underpinning technology would make transaction costs low. Being interoperable with other payment systems, it will complement existing techniques like UPI, thus completing the mobile payments ecosystem,” said Jaya Vaidhyanathan, CEO, BCT Digital, a RegTech company. India considers CBDCs to be the regulated alternative to Cryptocurrencies. LOL. I will update every month with the development that will occur in the CBDC space in India. ​ Thank you. ​ ​ ​ ​

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 1, 2022 13:26:16

https://www.reddit.com/r/CryptoCurrency/comments/z72z1w/bitcoin_lightning_network_ln_and_lightning/

Hello People. The idea of a second-layer scaling solution to Bitcoin, such as the Lightning Network, has far surpassed the days of ideation. Yet one of the most exciting features of the recently-implemented Lightning Network remains surprisingly undiscussed: the ability to build decentralised apps (known as Lightning Network Apps or LAPPs) on top of the Lightning Network mainnet. ​ *But I thought Bitcoin lacked smart contracts & isn’t turing-complete?* No matter. Answering the call to necessary & creative off-chain implementations, the day has arrived finally arrived when the Bitcoin ecosystem — through the lightning network — supports “decentralized-like apps.” Thanks to the innate infrastructure of multi-signature, off-chain transactions through LN’s *payment channels.* Here, we will discuss a bit about Lightning Network first, and then we will move towards LAPPs). # Bitcoin Scalability Bitcoin’s blockchain can only process an average of 7 transactions per second. This is not enough to make Bitcoin a suitable platform for handling the millions of transactions humans make every day. Thus, if Bitcoin is to become a medium of exchange, payment systems must be built which allow users to transact bitcoin quickly and cheaply. The Lightning Network is one such payment system. ​ >**Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient.** > >– **Hal Finney describing the need for layered scaling solutions**, **BitcoinTalk Forum** # What Is the Lightning Network? The Lightning Network is a [**second-layer**](https://river.com/learn/terms/l/layer/) protocol designed to enable off-chain Bitcoin transactions, which are not recorded on the blockchain. Because they are not recorded on the blockchain, and thus require no mining, Lightning payments are extremely fast and cheap. ## How Does the Lightning Network Work? Similar to the Bitcoin network, the Lightning network is made up of nodes running the Lightning Network software. Unlike the Bitcoin network however, Lightning transactions are not publicly broadcast and stored by all members of the network. Instead, individual Lightning nodes transact with one another privately. Lightning nodes use channels to execute such payments. ### What Is a Lightning Payment Channel? A Lightning channel is a **bidirectional payment channel**, meaning both parties can send and receive payments across the channel. Lightning channels comprise the Lightning Network and have a defined bitcoin capacity. This capacity is split between the two parties to the channel, and bitcoin is moved from one side of the channel to the other by Lightning transactions. #### 1. Opening a Lightning Channel Two parties open a Lightning channel by depositing bitcoin in a 2-of-2 [**multisig**](https://river.com/learn/terms/m/multisig/) address. This transaction is recorded on the Bitcoin blockchain, and when this transaction is confirmed, the Lightning channel is opened. Once open, a Lightning channel enables both parties to execute any number of transactions cheaply and instantly. When the two parties are done transacting, they can close the channel with another on-chain Bitcoin transaction, which will reflect the net change in both of their balances. #### 2. Transacting Over a Lightning Channel A payment channel is a pool of funds divided between two parties. These funds are always stored in the multisig address—there is no extra token or representation of the bitcoin created by the Lightning Network. Lightning transactions occur over this channel by redistributing the funds stored in the multisig address. Whenever bitcoin is spent through the channel—from party A to party B—the channel’s balance updates. However, these updates are not recorded on the blockchain. In the example below, Alice and Bob open up a channel and deposit 1 BTC each in a multisig address. Then Bob pays Alice 0.5 BTC on the Lightning Network. The shared balance is still 2 BTC, but 1.5 BTC belong to Alice, and 0.5 to Bob. [https://imgur.com/a/DOaM27H](https://imgur.com/a/DOaM27H) (Image explaining the above transaction between Alice and Bob) #### 3. Closing a Lightning Channel The settlement of the funds will occur when both parties decide to close the channel. When the channel closes, an on-chain transaction will be recorded on Bitcoin’s blockchain, spending bitcoin from the multisig address. When this happens, the balance in the channel is settled. Alice will now have 1.5 BTC and Bob will now have 0.5 BTC. ### 4. Routing Payments Over Lightning The fundamental building blocks of the Lightning Network are nodes and payment channels that allow nodes to communicate with one another. Naturally, not every node will be connected to the node that it wants to send a payment to. Routing is what allows transactions between two unconnected parties to occur through a series of pre-existing channels. # How Does Lightning Routing Work? Imagine that Alice wants to pay Carol over the Lightning Network, but does not have a direct channel with Carol. However, both Alice and Carol have channels with Bob. A cryptographic process allows Alice to send a payment to Bob with the assurance that Bob will forward the payment to Carol. In exchange for his assistance, Bob will receive a small fee. Routing is enabled by **Hashed Time Locked Contracts (HTLCs)**. An HTLC is a special type of Bitcoin transaction which serves as a smart contract. In the context of the Lightning Network, HTLCs are used to allow Alice to promise payment to Bob only if he can prove that he has paid Carol the proper amount. The bi-directional, off-chain connection between exactly two nodes that enables lightning-fast transactions is defined as a **payment channel**. Any two nodes within the network can open a channel between each other by sending a diminutive amount of Bitcoin to *open* the payment channel. Once opened, users are free to send Bitcoin back & forth as many times as they’d like. Upon finishing their transactions, users can opt to essentially *close* the channel — the final balance is mined & only a single Bitcoin transaction is recorded on the Bitcoin blockchain. **However, a single node can have thousands of these two-way** ***channels*** **open at any given time — thus leading to scalability through a network effect.** To top it all off & arrive at the beginning of our journey, programming logic can *also be introduced on top of a single node.* Providing any single node the capability to host payment channels that track a type of automatized service or game. ​ # LApps Overview Lightning Network apps (“LApps”) availability on the Bitcoin blockchain address two key points. First, it’s no small secret that a lack of “decentralized apps” ecosystem within Bitcoin is one, if not the loudest gripe against the future of Bitcoin. In many cases it’s the *driving reason* why crypto newcomers give Ethereum, Lisk, Cardano & an inexhaustible list of other blockchain platforms a second look. For better or worse, whether it’s true or not, the need for a blockchain-based smart contract & decentralized app environment seems like one of survival for blockchain projects. Quite suddenly, Bitcoin is quietly but surely edging in on of the most often cited key competitive disadvantages. What does this mean for Bitcoin? Massive incoming adoption on multiple fronts: incoming blockchain developers, current Bitcoin hodlers & possibly other platform blockchain veterans. At a point in the not-too-distant future, it is an unlikely, but now possibly scenario that a majority of current dapp & smart contract engineers abandon their current blockchain of choice for the soundest of them all. Only time will tell; however, for now, no noticeable development communities have shifted sides. Second, a major benefit of LApps is that since they’re built on the lightning network, they’re inherently structured for micro-transactions. Microtransactions drastically lower the barrier to entry; which again solidifies the notion that LApps are going to see a major influx of users & developers in the near future. The current use cases for end users in Bitcoin world are, well, quite limited to financial activities; funding/managing wallets & exchanges. Not only does LN widen that variety, it packs a double-punch by focusing in on *affordable* experiences. The real question regarding adaptability will ultimately stem, per usual, from the actual engineering output: how many LApps are in production? ​ A qualitative, rudimentary categorization of public LApps, along with a few linked demo summaries can be see below: # Point-of-Sale & Vendor LApps Accepting Bitcoin payments is a no-brainer for e-commerce platforms or custom web apps — however high fees & unpredictable confirmation periods previously made accepting Bitcoin an evangelical business decision at best. With LApps leveraging the Lightning Network, suddenly the two largest objections against Bitcoin adoption from an online business dissipate. It therefore follows that point-of-sale & vendor apps have taken the center stage as LApps begin rolling out: * [Nanopos](https://github.com/ElementsProject/nanopos) — A simple point-of-sale system for fixed-price goods * [WooCommerce Lightning Gateway](https://github.com/ElementsProject/woocommerce-gateway-lightning) — A comprehensive e-commerce application that integrates with stock-management and order-tracking systems ​ # Content Creator LApps A common use case for additional blockchain & supplementary tokens is the publishing, managing, & licensing of original digital content. How many dapps fall into this category? One doesn’t have to look too far to find a blockchain/token for publishing blog posts, tracking music metadata, or managing illustration artwork. Theoretically, *any*, original content medium likely has a launched (or failed) decentralized app. LApps undoubtedly unlock almost-free, frictionless payments with the largest cryptocurrency of them all — but without a standard form for digital tokenization, does the same level of incorrigible asset-tracking exist for content creating LApps? Below are a few example of content-creating web apps built on top of the mainnet lightning network: * FileBazaar — A system for selling files such as documents, images, and videos * Lightning Publisher for WordPress — A patronage model for unlocking WordPress blog entries ​ # Experimental-Recreational LApps This third category of LApps represents experimental LApps that are mainly examples of existing technologies with lightning payments enabled. Let’s recall that the Lightning Network doesn’t necessarily enable decentralization as much as they enable frictionless Bitcoin payments — which certainly unlocks a vast amount of use cases previously economically infeasible to test out. ​ * Lightning Jukebox — A fun demo that reimagines a classic technology for the Lightning Network * Nanotip — The simple tip jar, rebuilt to issue Lightning Network invoices As seen above, a handful of minimal viable LApps are now live spanning across multiple use cases. The LApp ecosystem, while now publicly in-use, is admittedly still in its infancy stage — this does not take away from the extraordinary leap forward for Bitcoin that is the Lightning Network. Other blockchain platforms have beaten Bitcoin to the punch (particularly Ethereum’s ERC20 ecosystem), it’s likely that we see developers build copy-cat LApps of popular dapps — perhaps an equivalent CryptoKitties? Or a prediction marketplace to compete with Augur? In order to catch up with the aforementioned examples, much work is needed. For now, no off-chain LN solution exists for tokenizing standards such as ERC20 or NEO5. Without digitizing assets through tokens (forget ICOs), can LApps really directly compete with decentralized apps? Currently, two of the many LN implementations are seeing the majority of LApp activity. First, Eclair, which is a Scala implementation of the Lightning Network built by ACINQ. Eclair hosts four LApps including the flagship Eclair desktop app. Second, is the more popular LN implementation C-Lightning, which is, as the name suggests, a “C” implementation. C-Lightning LApps are built on the C implementation of the Lightning Network, they fall under the Elements Project. ​ Thank you. You can research more about LAPPs here at their official website: [https://www.lapps.co/](https://www.lapps.co/) You can ask in case you have any doubts. I will try my best to answer.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 28, 2022 12:45:07

https://www.reddit.com/r/CryptoCurrency/comments/z62kq6/blockchain_layers_part1_l1_l2_and_l3_discussions/

Hello People. I wanted to write a post regarding the possible L2 solutions on BTC on top of the current L2 solutions like Lightning network. A lot of people know LN but are not aware of the other L2 scaling solutions on Bitcoin and Ethereum mainnet. Then I decided to first give a general idea regarding L1, L2 and L3; and the necessity of L2 and L3 over L1 mainnet as that will be the pre-requisite before going to the main topic. In this part, I have tried to explain them in general. # LAYER-1 BLOCKCHAINS In blockchain, layer-1 is the base layer of the network. For example, Bitcoin, Ethereum, Cardano, and BNB Chain are all L1s. These networks provide the underlying infrastructure for everything else built on top of them and provide a transaction settlement and validation layer for decentralized applications (dapps), smart contracts, and other blockchain layers. Furthermore, layer-1 networks operate without the need for other networks. They provide security and consensus for applications and layer-2 (L2) networks built on top of them. Plus, layer-1 networks allow developers to build other protocols on top of them without creating a blockchain or native crypto asset. # PROBLEMS WITH L1: One of the most significant issues legacy blockchains face is the ability to scale to meet the growing demands of the Web3 industry. For blockchain to facilitate everyday payments, transactions need to be processed quicker than legacy financial payment providers. Currently, many legacy blockchains are too slow to process transactions to compete with such payment providers on their own. Moreover, some blockchain networks, such as Bitcoin, are slow by design. Successfully scaling a blockchain entails increasing the number of transactions processed at any time. However, other factors come into play when scaling a blockchain. Increasing transaction throughput can often result in lowering security or decentralization, a problem known as the “blockchain trilemma”. Unfortunately, many blockchain networks must compromise when scaling and accept lower levels of security or decentralization as a trade-off for higher performance. [https://imgur.com/a/RuwYzMr](https://imgur.com/a/RuwYzMr) (Blockchain Trilemma image) Another common problem with scaling layer-1 blockchains is that it can take a lot of computational resources. PoW (proof-of-work) mining is notoriously energy intensive. As such, scaling a PoW blockchain could further increase the environmental footprint of the blockchain industry. Many view PoW as the most secure type of mining. However, this is only true when the network is robust and decentralized enough to withstand attacks. Moreover, when L1 blockchains scale, they risk becoming congested. Transaction speeds become slower, fees increase, and the network’s overall performance reduces. Thankfully, there are several different scaling solutions available to help optimize L1 networks. # L1 SCALING SOLUTIONS: When scaling a layer-1 network, developers generally want to increase the number of transactions per second (TPS) that the network can process. One of the ways to achieve this is by increasing the network’s block size, allowing each blockchain to fit more transactions into each block. Likewise, switching to a different consensus mechanism can help a blockchain to scale more efficiently. [https://imgur.com/a/aWEkbB](https://imgur.com/a/aWEkbBw) (Sharding as L1 scaling solution image) Furthermore, some blockchains opt for a sharding mechanism when scaling. Sharding involves partitioning blockchain data into localized groups to increase transaction throughput. Every shard is responsible for a subset of the network activity, each acting as a “city” for different degrees of transaction complexity or applications. This method minimizes the overall fee levels for most of the network and increases performance, as nodes are not required to hold a complete copy of the blockchain. They relay the state of their data to the main chain to validate transactions. When the community surrounding a layer-1 network disagrees about how a blockchain should scale, it sometimes results in the forking of the underlying codebase. One example is the Bitcoin Cash fork, which occurred during the “block size wars” of 2017, ultimately resulting in division among the Bitcoin community. However, the Bitcoin community successfully pushed through the “segregated witness” (SegWit) update. Further, SegWit enables the Bitcoin network to process more transactions and scale more efficiently by removing digital signatures from transaction inputs.  # WHAT IS L2 SCALING SOLUTION: Sometimes, building on layer-1 is impractical. For example, building a highly performant application on the Bitcoin blockchain would be slow. However, layer-2 scaling solutions address this by taking computations off the main blockchains to reduce congestion and increase throughput. Also, many layer-2 scaling solutions inherit the security of their respective L1 blockchains. As a result, blockchains can scale without compromising on security or decentralization. As the demand for blockchain and Web3 increases, layer-2 networks play an increasingly prominent role in the efforts to scale major public blockchain networks. For example, as the Ethereum blockchain transitions from proof-of-work (PoW) to proof-of-stake (PoS) to facilitate scaling, it will also use multiple layer-2 networks to minimize congestion. What’s more, layer-2 networks help reduce transaction fees and lower the barrier to entry into Web3. As the name suggests, layer-2 networks establish secondary frameworks on top of layer-1 blockchains. Although each layer-2 scaling solution works differently from the next, each aims to increase the main chain’s transaction throughput. Below, we look at some of the most prominent layer-2 scaling solutions and how they work. Examples of L2 scaling solutions: Bitcoin's Lightning Network, Polygon, Arbitrum, Optimism etc (we are going to discuss each one of them in the next part of this post series) # WHAT IS A LAYER-3 SOLUTION? So, now that we’ve covered layer-1 and layer-2 networks, let’s look at how a layer-3 network operates. The Web3 landscape is constantly evolving. In turn, the demand for cross-chain dapps and interoperable protocols has given rise to a new application layer – the layer-3 network. Moreover, a layer-3 network enhances existing blockchain protocols and enables L1 and L2 networks to interoperate without friction. Also, it helps to knit together the various facets of the blockchain ecosystem and helps them communicate. Most legacy blockchains do not cater to interoperability by design. However, a layer-3 network facilitates the seamless transfer of data packets between protocols on multiple chains. This application layer consists of various protocols and services that help different chains connect. As a result, the user experiences of cross-chain applications improve. # COMPARING LAYER-2 VS LAYER-3: So, what are the differences between layer-2 vs layer-3? Layer-2 solutions generally relieve network congestion by taking computations off the main chain and efficiently relaying them. As a result, layer-2 networks help to minimize transaction fees and latency, which is essential for scaling blockchain networks. However, it does little to improve cross-chain interoperability. Nonetheless, layer-3 networks exist to facilitate cross-chain communications between multiple protocols. These days, most users of decentralized finance (DeFi) protocols expect some degree of cross-chain compatibility. In addition, cross-chain DeFi (decentralized finance) helps to improve liquidity among lending protocols and creates stability throughout the DeFi ecosystem. The various applications and protocols within the layer-3 network umbrella supplement the vast blockchain ecosystem. Moreover, layer-3 networks could be a driving factor of blockchain technology adoption by providing users with a higher degree of flexibility. [https://imgur.com/a/qaTSbT2](https://imgur.com/a/qaTSbT2)(L1, L2 and L3 layers functionality image) Layer-2 (L2) networks help the blockchain industry to scale by taking computations off-chain and minimizing fees and latency. That said, layer-2 networks don’t address the issue of interoperability. Thankfully, layer-3 (L3) networks exist to enable various blockchains and protocols to communicate. Though the concept of a “layer-3 network” is mainly theoretical, the umbrella term refers to protocols that supplement layer-1 (L1) and layer-2 (L2) networks. In the future, many expect layer-3 networks to play an essential role in connecting the Web3 ecosystem and facilitating the mass adoption of blockchain technology. In addition, the ability of layer-2 networks to reduce congestion and layer-3 networks to facilitate interoperability between protocols enables the interconnectivity the Web3 landscape needs to flourish. ​ TL;DR L1 : PROTOCOL LAYER L2 : NETWORKING LAYER L3: APPLICATION LAYER ​ Hope you enjoyed the post. You can ask any questions if you have any difficulties. I will try to answer it as best as I can. In the next part of this post-series, We will discuss some of the L2 scaling solutions on Bitcoin and Ethereum mainnet. ​ Thank you.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 27, 2022 09:29:54

https://www.reddit.com/r/CryptoCurrency/comments/z4jl3c/trying_to_explain_the_entire_2022_contagion/

The entire 2022 starting from LUNA collapse to recent FTX collapse including the liquidity crunch at Genesis and Grayscale has been summarised in this flowchart. It's a bit complex, but it gives the complete picture about what happened. Flowchart image link: [https://imgur.com/a/Ifrh3rc](https://imgur.com/a/Ifrh3rc) Going to add some explanation here so that you can better understand what happened. Look at the flowchart along with comments to get a complete idea. 1. Leverage originated from Genesis 2. 3AC + other hedge funds were famous for putting on the derivatives trade to harvest the premium 3. DCG needed to balance ETF vs UIT, as being the largest ETF sponsor would be bigger than the 2% rake 4. Voyager Digital makes a $654m unsecured loan to 3AC and a $377m secured loan to alameda 5. BlockFi, Nexo, Celsius are responsible for terrible lending standards as well. 6. Alameda / FTX was running low float Soylana ecosystem 7. Alameda is rumored to have taken out 3AC 8. B/c of the Luna crush, their collateral would have been margin called. 9. They “save” the industry by doubling down —> stealing customer funds and digging a greater hole 10. The charade ends. And ultimately, we’re in this mess for 3 reasons: 1. GBTC never converting and the ETF hopium. Hero trade turned into widow maker 2. The worst lending standards we have ever seen. BlockFi, Celsius, Voyager, Genesis. 3. SBF fraud plain and simple. He fucked us bad. The main issue was too much over-leverage in the market, and lenders like BlockFi, Celcius and their likes. SBF was the final nail in the coffin. [https://nitter.net/alphaketchum/status/1593883167785615360](https://twitter.com/alphaketchum/status/1593883167785615360) ​ Thank you.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 25, 2022 12:54:14

https://www.reddit.com/r/CryptoCurrency/comments/z48qo5/crypto_wallets_101_part2_difference_between/

Hello people. In the wake of FTX contagion, a lot of people are opting to have a control of their own crypto. They want to use a crypto wallet, but they are confused about its functioning, and security threats. So, I decided to write a series of posts regarding these topics. This post is part-2 of the series. I would emphasize to go through part-1 too, for getting a clear idea in this post. I will link it down here for your convenience. [https://np.reddit.com/r/CryptoCurrency/comments/z3e86b/crypto\_wallets\_101\_part1\_private\_keys\_what\_is\_a/?utm\_source=share&utm\_medium=web2x&context=3](https://np.reddit.com/r/CryptoCurrency/comments/z3e86b/crypto_wallets_101_part1_private_keys_what_is_a/?utm_source=share&utm_medium=web2x&context=3) A lot of people seem confused about the difference between private key and seed phrase. I will try to explain both of these terms in detail, and finally explain the term ‘YOUR SEED PHRASE IS YOUR WALLET’. ​ # Private Key: A private key gives you the ability to prove ownership or spend the funds associated with your public address. **Public-key cryptography (PKC)** is a technology often used to validate the authenticity of data using asymmetric encryption. A public key allows you to receive crypto-currency transactions. It’s a cryptographic code that’s paired to a private key. Private keys are the central element of crypto ownership. Blockchain is a digital storage network, and having the private key for a given blockchain address means that you control everything at that address. So, you can think of private key as a password that allows you to access and manage your crypto funds stored on a blockchain. You can think of the private key as a password that unlocks the virtual vault that holds your money. As long as you — and only you — have access to your private key, your funds are safe and can be managed anywhere in the world with an internet connection. There will be a separate private key for every different blockchain. So, if you have BTC, ETH and ADA in your wallet, you will have three separate private keys. Now, we will be moving towards seed phrase. ​ # Seed-phrase (recovery phrase): The recovery phrase – sometimes called the seed phrase or mnemonic phrase – is a 12, 18, or 24-word pattern generated each time a new wallet is created. Unlike your private key, which relates to just one blockchain address, the recovery phrase is a derivative of your entire wallet, and all private keys stored there. Basically, in layman’s terms, a recover phrase is the “master key” for all of your crypto accounts – it is your private keys in mnemonic form. These words, when entered into another crypto wallet (in the correct order) will recover all of the private keys you were storing on your original wallet. You can visualize the difference between seed phrase and private key by simply considering this example. Consider a home which has three rooms. Each room has 1 crypto coin inside it. We will consider BTC, ETH and ADA. So, room1 has BTC, room2 has ETH and room3 has ADA. Now, you can enter the rooms and manage your coins using a key. So, you must have three keys for accessing all the coins. The problem with these keys is, they are too big to carry, and there are chances that you may lose them. Now, you can either have these 3 keys along with you, or you can create a vault, in which you can store these keys. This vault is secured by a separate key, which is small to carry and single key ensures that you don’t have multiple keys to carry. Now, in this example, the home represents your wallet. The number of rooms represents the number of different coins (on different blockchain) you have in your wallet. The individual big keys represent the private keys, while the master key (vault key) represents the seed phrase. **AT THIS POINT, IT BEGS TO MENTION. DON’T GIVE YOUR SEED PHRASE TO ANYONE. KEEP IT OFFLINE.** Seed-phrase are more riskier than private key, as in, if someone has your private key, you only lose funds of that blockchain; but if someone has access to your seed-phrase, you will lose all your funds from every blockchain. Private keys are long and complicated. It is a string of 256 alphanumeric characters. So, it’s difficult to remember and handle. The seed phrase, on the other hand is made out of 2048 words (explained ahead) and hence, it becomes easy to handle. ​ # YOUR SEED PHRASE IS YOUR WALLET. A lot of people fail to understand the above sentence completely. As explained in the part-1 of the post series, we understood that crypto wallets, unlike regular FIAT wallets, don’t hold your coins or funds. **Your wallet only holds the private keys** (as explained in the example above). The vault in the above example doesn’t hold your coins, but it rather holds the keys that will give access to your coins in the rooms. Now, if you have lost your wallet, or you want to move from one wallet to another, you can simply import your old wallet into new one by using recovery (seed phrase). A **Bitcoin Improvement Proposal (BIP)** is a formal proposal to change Bitcoin. BIP39 is a standard that proposed utilizing a mnemonic phrase -- a group of easy to remember words -- to serve as a back up to recover your wallet and coins in the event your wallet becomes lost or destroyed. This is also known as a seed phrase, recovery phrase, wallet back up, etc. So, the usage of seed phrase to back up and recover your wallet was done in BIP39. Seed phrase serve as a recovery method in the event your wallet breaks or stops working. So, you can import an existing wallet into new one. The only thing to make sure is, your new wallet should support same BIP standards as the existing wallet. In addition, you should also write down the BIP standards that your wallet supports when storing your coins. These standards are called derivation paths and are a "map" telling your wallet where to find your coins. They are described in BIP44, BIP49, and BIP84. Your 12-24 phrase can be entered into any other wallet using the same structure/format standard (BIP39), derivation path, and coin support to access your coins (by you or anyone else). The words in your mnemonic phrase aren't just any random words. They are pulled from a specific list of 2048 words known as the BIP39 word-list. Upon start up, wallets that utilize the BIP39 standard will provide you a 12-24 word phrase randomly chosen from the standard BIP39 word-list. What constitutes a "good wallet" is one that has clear, easy to access documentation on supported BIP standards, derivation paths, and recovery processes. This allows the user to successfully recover their funds on a different wallet in the event of discontinued support or become obsolete. This website has provided the list of wallets and their supporting BIP standards: [https://www.blockplate.com/blogs/blockplate/list-of-bip39-wallets-mnemonic-seed](https://www.blockplate.com/blogs/blockplate/list-of-bip39-wallets-mnemonic-seed) Mostly, all well-known wallets like Trezor, Ledger, Metamask, Exodus, Trust wallet etc support all the above mentioned BIP standards, and hence, you can always import from one wallet to another. So, you may think that: If you are recovering an existing wallet, the wallet's software will ask you if you have an existing phrase or have the option to import one. You'll enter in your existing mnemonic seed phrase and bang, your coins are recovered, right? Mostly yes, but only if the following conditions are met: 1. Both (new and existing) wallets should support BIP39 2. Both wallets should support the same derivation path (any one from BIP44, BIP49 or BIP84) 3. New wallet should support the coins from old wallet. Regarding point 1 and 2, all the mentioned standards are supported by all well-known wallets. So, that shouldn’t be the issue. Regarding 3, your coins won’t get lost anywhere, but they won’t show in the new wallet. ​ I wrote this post, as I have seen a lot of people got confused between seed-phrase and private keys. ​ Be safe. Take control of your funds. **Not Your Keys, Not Your Cheese. The offline key is the only key.** ​ Thank you. You can ask me if you have any difficulties regarding the topic.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 25, 2022 04:04:17

https://www.reddit.com/r/CryptoCurrency/comments/z3prmj/understanding_curves_new_stablecoin_llamma/

Curve launched their Stablecoin whitepaper today, called **LLAMMA (lending-liquidating amm algorithm)** I will try to explain the concept and working of LLAMMA. The design of the stablecoin has few concepts: lending-liquidating amm algorithm (LLAMMA), PegKeeper, Monetary Policy are the most important ones. But the main idea is in LLAMMA: replacing liquidations with a special-purpose AMM. Big problem with lending markets is that people can pump the spot price of illiquid collateral, max borrow against manipulated prices, then let their position be liquidated. But because the collateral is so illiquid, the protocol ends up with bad debt. See Mango-markets and CRV/AAVE just 2 days back. So lending is inextricably dependent on AMM liquidity But these AMMs are external, LPs can withdraw at any time, most protocols require active governance to approve or deny new token listings, or to modify LTV ratios in risky times. LLAMMA solves this by making internalizing the AMM, making the collateral token be LP shares itself in the example of ETH collateralizing a USD stablecoin, the user would deposit ETH as collateral, but this gets transformed into an ETH/USD LP position The overall schematic of LLAMMA is as shown in the figure-1: [https://imgur.com/a/CxiQEK5](https://imgur.com/a/CxiQEK5) The core idea of the stablecoin design is Lending-Liquidating AMM Algorithm. The idea is that it converts between collateral (for example, ETH) and the stablecoin (let’s call it USD here). If the price of collateral is high - a user has deposits all in ETH, but as it goes lower, it converts to USD. This is very different from traditional AMM designs where one has USD on top and ETH on the bottom instead. The below image tries to explain and compare the traditional AMMs. The above paragraph is explained in the form of graph in the image below. [https://imgur.com/a/ZRXUDEA](https://imgur.com/a/ZRXUDEA) This transforms liquidations from a jagged, all-at-once, all-or-nothing affair with huge slippage losses into a smooth transitioning that could even earn the collateral holder swap fees if they weather the volatility Some people will probably dislike this, because it puts more responsibility/risk onto the collateral holder my counterpoint is that the risk is already there, and if you require the protocol to internalize it then we'll see cascading collapses The presented mechanisms can, hopefully, solve the riskiness of liquidations for stablecoin-making and borrowing purposes. In addition, stabilizer and automatic monetary policy mechanisms can help with peg-keeping without the need of keeping overly big Peg-stability modules. You can only build truly decentralized governance-minimizing mechanisms by properly matching risk and reward LLAMMA feels like a step in the right direction to me. For more mathematical modleing and detailed explanation, you can read their whitepaper: [https://github.com/curvefi/curve-stablecoin/blob/master/doc/curve-stablecoin.pdf](https://github.com/curvefi/curve-stablecoin/blob/master/doc/curve-stablecoin.pdf) ​ Thank you. It was a difficult topic to grasp and explain. I did my best. You can ask any questions if you have any problem understanding it. I will try to answer in the best possible way I can.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 24, 2022 12:30:54

https://www.reddit.com/r/CryptoCurrency/comments/z3e86b/crypto_wallets_101_part1_private_keys_what_is_a/

Hello people. In the wake of FTX contagion, A lot of people are opting to have a control of their own crypto. They want to use a crypto wallet, but they are confused about its functioning, and security threats. Here, in this **series of posts**, we will be discussing everything you need to know about blockchain wallet. I will be trying to explain everything in a bit detail from post-2. This post is just an overview about general ideas of crypto wallet. A crypto wallet is a digital or software-based way to access your cryptocurrencies. The purpose of a crypto wallet is to allow users to interact with the blockchain, either using software or a specialized hardware device. The name wallet is perhaps a bit of a misnomer, considering they aren’t actually used to hold cryptocurrency. Instead, wallets serve as an intermediary between a user and their holdings, which “live” on the blockchain. Unlike a regular wallet, a crypto wallet doesn’t actually hold your assets. Instead, it stores credentials called private keys that give you access to your assets on the blockchain. # Public key and private key. Crypto wallets all begin with a private key, a long, randomized string of letters and numbers. These private keys can also take the form of a QR code or mnemonic phrase. This private key is used to generate a public key through an encryption process. While it’s easy to verify that a specific private and public key fit together as a pair, you can’t “work backwards” and figure out a private key from its public key.This “one-way” — or “trap-door” — encryption, makes it possible to share a public key without worry that someone will figure out your private key and steal your crypto. Next, the public key undergoes a mathematical function that “compresses” it into a receiving address (either a QR code or a shorter string of numbers and letters) where you can actually send crypto. You can generate many public keys — each with their own separate receiving address — from one private key. (It is a good security practice to change your public key from time to time).A public key has to be shared with people who wish to transfer your crypto. # How does a crypto transaction actually occur? When a person sends you crypto, he will include the private key of his Bitcoins and the public key of your wallet. Thereafter transactions can be completed and new Bitcoins can reach your account. When you spend some Bitcoins from your wallet, you are essentially signing off their ownership to the other person. For doing this, the private key of your Bitcoins must match the public address of the receiver. Then only, Bitcoins are transferred and your wallet balance reduces. The whole transaction is encrypted and added to the relevant blockchain and wallet balances of the two involved parties show changes. # Types of crypto wallets: There are two main types of crypto wallets: **custodial and non-custodial.** &#x200B; **1. custodial crypto wallet:** Custodial wallets are like bank accounts. They are managed by a third party, which could be an exchange, a company, or even just another crypto user. These wallets are convenient because you don’t have to worry about losing your private keys or managing them yourself. However, custodial wallets come with risks. Because a third party manages your crypto, they also control your crypto keys. This means that if the company goes out of business or is hacked >!OR GAMBLES WITH YOUR FUNDS!<; your crypto could be at risk. &#x200B; **2. Non-custodial wallet:** Non-custodial wallets are the opposite of custodial wallets. With a non-custodial wallet, you are the only one who has access to your private keys. This might sound like a recipe for disaster (after all, if you lose your keys, you lose your crypto), but non-custodial wallets actually offer two big advantages. 1. Because you are the only one who has access to your private keys, non-custodial wallets are much more secure than custodial wallets. 2. Non-custodial wallets give you full control of your crypto. This means that you can use your crypto however you want, without having to worry about third-party restrictions. Non-custodial wallets can be further classified into two types: SOFTWARE and HARDWARE wallets. &#x200B; **(i) HOT WALLETS (SOFTWARE WALLETS):** A software wallet is a piece of software that stores your private keys digitally within the software -normally on your computer or phone. These wallets are also known as hot wallets. You can install a software wallet on your mobile device, PC, or laptop. Software wallets tend to be very easy to use: since the wallet is online within your device, you can access it instantly. This makes them very attractive for beginners. However, there are also a few drawbacks. Any device connected to the internet is vulnerable to hacks deployed through the internet connection. In other words, your private keys can be targeted if you are using a hot wallet on your phone or computer. So although hot wallets are a very convenient means of storing your private keys, they can never fully secure them from online threats and hacks. **1. Desktop wallets:** These are software programs that can be downloaded to a laptop or PC. These wallets work even when not connected to the net. **2. Mobile wallets:** Since handheld mobile devices are very popular, there are compatible mobile wallets available. Apart from their obvious portability, they have QR code compatibility that makes instant digital payments a breeze. **3. Online web wallets:** Online web wallets are maintained on the cloud by third parties. They require internet connectivity to work. Since private keys of these wallets are accessible via the cloud, online web wallets are the least secure choice. But large institutions that have multiple co-signatories for a wallet prefer these types of wallets. &#x200B; **(ii) COLD WALLETS:** Those who would rather take charge of their own account security generally opt for a cold wallet. The two most popular types of cold wallets, hardware and paper, fall on opposite sides of the technology gamut. Paper wallets are about as low-tech a solution as you can get, while hardware wallets often contain sophisticated high-tech components. Both are considered a highly secure way of securing your crypto. **1. Paper wallets:** As discussed, paper wallets store the private key and public address in QR form. This information can be printed out and sealed for greater safety. Paper wallets, though safe, are often prone to humidity and fire hazards. **2. Hardware wallets:** On the other hand, a hardware wallet is a physical device that stores your private keys in an isolated environment. The advantage of using a hardware wallet is that it operates in an offline environment, away from the internet and its associated threats. However, hardware wallets can be less convenient in terms of accessibility, since you need to physically approve transactions each time you interact. Nonetheless, when compared to software wallets, they provide a far greater level of security since they cannot be hacked. &#x200B; In the next post, We are going to go into detail about HARDWARE WALLETS and difference between single-currency and multi-currency wallets, and also, difference between seed phrase and private keys. &#x200B; Thank you.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 24, 2022 03:07:10

https://www.reddit.com/r/CryptoCurrency/comments/z1mrea/frontrunning_bots_in_dex_part1_how_dex_works/

After the FTX contagion, there has been a wave of people taking off their funds off CeX, storing them on cold wallets and **trading on DeX.** Though DeX is safer than CeX, there is one problem which is inherent to the design of DeX. Every on-chain trading always run into the risk of front running. There are bots deployed (as smart contracts) which will front run your trade. They are known as front running bots. &#x200B; I wanted to share some information regarding the front-running bot. When I started writing the post, I realised that it will be better if I explain things in detail. So, first let's have a look at how DeX works, and then we will see in other part, why DeX, due to it's design runs into the problem of front-running bots. So, let's start with how DeX functions: The idea of a decentralized exchange is simple - allow users to trade their crypto directly on-chain through smart contracts without giving up control of their private keys. DeX requires Market makers (MM) for liquidity. Market Makers are entities that provide liquidity (assets) to trading markets. In non-orderbook systems, liquidity is what allows trading to be possible. That means if you want to sell BTC to buy ETH, the exchange must have an ETH balance you can purchase from in exchange for BTC. Some trading pairs have very high liquidity (eg. BTC <> ETH trading pair), but some have extremely low or no liquidity at all (eg. scam tokens, or newly created tokens). A DEX must have enough liquidity to function and serve as an alternative to centralized exchanges. DeXes are also known as Automatic Market makers (AMM). Any user can deposit funds to a specific trading pair and add liquidity, and in exchange earn money for doing so through trading fees taken from the users. Now, the DeX works on concept of ***x\*y=k .*** Assume we have a trading pair for **ETH <> LW** Token * x = reserve balance of ETH in the trading pool * y = reserve balance of LW Token in the trading pool * k = a constant This formula is responsible for calculating prices, deciding how much LW Token would be received in exchange for a certain amount of ETH, or vice versa. Now, if you swap LW for ETH in DeX, according to the equation, the price of LW will increase, while that of ETH will decrease (in term of other token) Example: Assume we have 100 ETH and 200 LW Token in the contract. What would happen if I want to swap 1 ETH for LW Tokens? Let's do the math. inputAmount = 1 ETH inputReserve = 100 ETH outputReserve = 200 LW3 Tokens => outputAmount = 1.98019802 LW3 Tokens What would happen if instead I wanted to swap 2 LW3 Tokens for ETH? inputAmount = 2 LW3 Tokens inputReserve = 200 LW3 Tokens outputReserve = 100 ETH => outputAmount = 0.999 ETH These amounts are very close to the 1:2 ratio of tokens present in the contract reserves, but slightly smaller. Why? Equation X\*Y=K represents a Hyperbola, and hence, neither of the reserves will ever go to zero. The hyperbola never intersects at x=0 or y=0 - **This means that neither of the reserves will ever be 0 just as a product of trading! Reserves are infinite.** [https://imgur.com/a/QfUkLVS](https://imgur.com/a/QfUkLVS) # SLIPPAGE Since we don't get tokens in the exact ratio of reserves, this leads to an interesting implication of the math. The price function causes **slippage** in the price.The bigger the amount of tokens being traded relative to their reserve values, the lower the price would be. Let's say I wanted to try to drain out the entire pool, and sell 200 ETH. inputAmount = 200 ETH inputReserve = 100 ETH outputReserve = 200 LW3 Tokens => outputAmount = 133.333 LW3 Tokens As you can see, when we're trying to drain out the pool, we're only getting close to a half of what we expect. Some may see this as a flaw of automated market makers that follow x\*y = k, but it's actually not. It is the same mechanism that protects pools from being completely drained. This also aligns with the law of supply and demand: the higher the demand relative to the supply, the more costly it is to buy that supply. &#x200B; In the next post, we are going to understand why the slippage results into peopel deploying Front-running bots, what happens to you when you trade and how to prevent or minimize the effect of front-running bot while trading on DeX.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 22, 2022 01:46:41

https://www.reddit.com/r/CryptoCurrency/comments/z13y09/ftx_account_drainer_moving_all_his_ethereum_in/

As seen in this etherscan link, we are able to see he is moving his funds out in multiple lots of 15k. Generally, this is done when someone wants to sell their funds, or transfer to multiple different addresses. [https://imgur.com/a/B3azsdp](https://imgur.com/a/B3azsdp) Here, he has sent 15k Eth lot out from his 'FTX account drainer' wallet to multiple other wallets. Total of 200k ETHER has been moved out of his wallet in past 1 hour. Another observation: You can see so many IN transactions, where people are sending ETH to the FTX account drainer. As seen from the transaction, it is due to the two reasons: 1. On-chain analyst and other people who are sending him messages and tracking their ETH to better identify the addresses of drainer. 2. People sending ETH with messages in hope that FTX account drainer will send a significant amount of ETH back on their address. &#x200B; You can follow all the live action here on etherscan link: [https://etherscan.io/txs?a=0x59abf3837fa962d6853b4cc0a19513aa031fd32b](https://etherscan.io/txs?a=0x59abf3837fa962d6853b4cc0a19513aa031fd32b) &#x200B; It feels kind of weird we are a part of technology where we can see all your funds and money in someone else's address, and you can't do anything but watch.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 21, 2022 11:59:51

https://www.reddit.com/r/CryptoCurrency/comments/z0s588/breaking_down_assets_of_dcg_as_best_as_we_can/

There is an issue with DCG and they have $1bn hole and aren't getting a life line. What could they do? I decided to break down their assets, as best we can externally. their chances of getting an investment of $1bn seems bleak at this point. We know in 2021, in a sale to Softbank, they were valued at $10bn, and that GBTC would have been around $500M - $750M in fees that year with $38BN AUM. This can give us a ballpark of each of the components in the empire by worth. [https://imgur.com/a/smcyemd](https://imgur.com/a/smcyemd) Let's assume favorable terms to DCG, where it was $500M in annual fees, and a 8x multiple value per component. That would value Grayscale at about $4B, which seems reasonable. And lets assume that Genesis, their other large business is the same at maybe $3b. We can also guess that their Luno buy out was at least $1b in book value. Their historical investments, I would guess accumulate to $200M in cash investments, and maybe $800M book value at the time of that investment as it was a bull market. So I'd guess we're looking at something like this for a breakdown. These are ballpark figures, from the outside, but it will give us a gauge of what their venture portfolio could look like. [https://imgur.com/a/smcyemd](https://imgur.com/a/smcyemd) &#x200B; Now a few things we know: * Liquid is down bad 70%+ * Venture markdowns are down bad, and moving slowly * They seem to be in a rush * Ad revenue is down bad in this space as well So let's revalue things: * Grayscale AUM is down, so revenue is more like $200M/year with lower multiple, so maybe worth * $2b Luno will be down as well probably by 50% if you look at private placement changes. If we check the top holders for each of the currencies that they hold liquid, other than BTC/ETH, and we assume they are a top 10 holder, that's around $50M + lets assume another $50M in ETH/BTC. [https://imgur.com/a/smcyemd](https://imgur.com/a/smcyemd) And we know they hold $250M of GBTC at least, so lets assume fees rolled to that. We know CMC sold to Binance in a bull market for $400M - Coindesk is probably 1/10th the traffic and add value, so unless someone rich bought it for brand sake we can cut to $40M And honestly, no idea if Foundry is making any money right now or still exists so I've set it to $0 to be conservative. This brings us to this kind of layout with a $4.4B valuation: [https://imgur.com/a/smcyemd](https://imgur.com/a/smcyemd) Given the way the market collapsed, that still seems generous/optimistic, but no wonder they can't raise $1B on it. So lets assume they want to save Grayscale, Genesis and Luno - in that order of priority. They probably can't as they'd be working with $500M in book value With the thin markets for GBTC, ZEC, ETC, ZEN, and everything else in their liquid positions, I'd also be surprised if they get 75%+ of book value on many of these assets, because the selling pressure would be large and their venture portfolio is so low because a lot of their best investments have already exited in the prior cycle - the current portfolio is kind of meh. As a VC there isn't much I would bid on with a secondary. So to get to $1b it seems they'd have to: * Sell some equity * Sell all their venture * Sell all their liquid * Sell Luno/Coindesk/Foundry (if it has any value) And hope they get good values for it all. Otherwise they'd need someone to really overbid for Coindesk and Luno, or to be holding a ton more BTC and ETH than I would guess. (Or the other option is they were trying to raise $1B but the hole was smaller). Maybe they get lucky on someone overpaying for something, or they manage to sell a portion of Grayscale or Genesis to some big player like Fidelity. But, there is a chance they have to scuttle everything else to save the golden goose here. My guess is that if we get news this week other than they closed a round, then that means most of this stuff will get sold off. And if they can't get the raise in time, then they'd have to look at spinning off Grayscale itself. This is an interesting risk to model - because we still don't have a clear picture on if they are in debt/raising - but we do know that IF they are and IF they can't finish the raise, the scale of impact is significant and that's worth modeling as best we can. &#x200B; TL;DR DCG, in order to get $1bn worth of investment on Monday, they have to either sell a portion of Grayscale or Genesis to Fidelity, or if not, they have to sell their golden goose, Grayscale. &#x200B; I wasn't able to upload in this post directly, so I have given the Imgur link for each image.

posted by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on November 21, 2022 01:57:26
Top
/r/CryptoCurrency/comments/zqrq0o/the_fastest_crypto_platform_to_withdraw_from/j0zkobg/

Ummmmm... Use MEXC or basically any crypto platform that allows you to do P2P in your native currency. &#x200B; I wrote a post about P2P a while back. Wait, let me just link it here. [https://np.reddit.com/r/Bitcoin/comments/yl9ilr/peertopeer\_p2pmethod\_of\_buying\_crypto/](https://np.reddit.com/r/Bitcoin/comments/yl9ilr/peertopeer_p2pmethod_of_buying_crypto/) I think P2P would be a much better option

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:17:25
/r/CryptoCurrency/comments/zqs0ia/3_reasons_why_bnb_price_risks_another_30_decline/j0zkbq3/

>BNB (BNB), the native token of the Binance crypto exchange, is under threat of undergoing a significant price correction in the coming weeks, based on a mix of technical and fundamental indicators. From a technical perspective, BNB has entered the breakdown stage of its multi-month ascending triangle pattern, a trend continuation indicator. The breakdown could last until the price reaches the level that comes to be at the length equal to the triangle's maximum height. BNBUSD three-day price chart featuring ascending triangle breakdown. Source: TradingView BNB/USD 4H price chart featuring rising wedge breakdown setup. Source: TradingView BNB/USD daily price chart versus aggregate open interest. Source: TradingView BNB/USD daily price chart. Source: TradingView Bitcoin balance on Binance. Source: Glassnode This was the entire article. Some articles are so bad, I think they are written as a tweet instead of article. Who TF writes articles like this?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:15:06
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0zjspw/

Yeah. I was like, I will show them how easy it is, to make money in crypto. Guess, I was wrong.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:11:31
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0zjmzj/

Rule#1, Always shill to them at the peak of bull market. We need exit liquidity.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:10:27
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0zjfdx/

I bought at $17k. It's time to dump I guess.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:09:01
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0zjbxk/

male: female ratio will be around 0.1 looking at all the DMs I get asking from my seed-phrase.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:08:24
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0zj5f0/

tThat's the only way ser. We will panic sell at $14k next.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:07:11
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0ziwsb/

I shilled ethereum at $4k to my parents around last thanksgiving, and nagged them to buy it. They bought like 5 ETH due to my constant nagging. They look at me with anger and disappointment every-time I visit them.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:05:36
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0ziof3/

We will crab in the range for a while I guess.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 11:04:01
/r/CryptoCurrency/comments/zqqi8r/waves_founder_announces_new_stablecoin_as_usdn/j0zg0qr/

It sometimes amazes me how wild this sector is. You think that this can be the wildest thing that can happen, and just on the next day, you are wrong. Audacity of this CEO. Man, what an amazing sector I am invested in

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 10:46:01
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0yw0oa/

even goalie abandons the goal and come to the field to score the goal. Last ditch effort when you are down a goal in the final minutes.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 08:10:10
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0yvw6w/

https://www.reuters.com/markets/rates-bonds/japan-set-keep-ultra-low-rates-doubts-over-yield-cap-grow-2022-12-19/

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 08:08:58
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0yuezy/

At this point, the Bank of Japan has pulled the goalie and is hoping for a last-second tying goal. Maybe get to overtime. Maybe somehow pull it out. They think they are down 1-0. Except they’re down 5-1. The game is over, and they just don’t know it yet.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 07:54:34
/r/CryptoCurrency/comments/zqmdvz/crowdfunding_gets_leg_up_from_lightning_addresses/j0yq6hn/

LN is one of the most cool things built on Bitcoin mainnet. The only issue is, it is kind of centralized.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 07:09:25
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0ype9k/

Asian markets are kind of bloodbath today.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 07:00:17
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0ypcxb/

We are all broke, but important thing is, We are all broke together.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 06:59:49
/r/CryptoCurrency/comments/zqm5xe/sam_bankmanfried_gave_modulo_capital_400m_which/j0ypa7c/

>SBF was known to hire former Jane Street employees as executives or employees, including former FTX US President Brett Harrison. I mean, sex orgies are always fun with known people. It becomes a habit eventually.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 06:58:57
/r/CryptoCurrency/comments/zqh239/in_before_planb_modifies_his_s2f_price_predictor/j0yeliw/

Ohh another TA guy doing TA stuff. Astrology stuff.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 04:35:39
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0y93b6/

daily is dead like anything. I hope the moon ratio works out around 0.75

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 03:17:25
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0y7ega/

01001000 01100101 01101100 01101100 01101111 00100000 01100110 01110010 01101001 01100101 01101110 01100100 00101110 00100000 01010100 01101000 01100101 01111001 00100000 01110011 01101000 01101111 01110101 01101100 01100100 00100000 01101110 01100101 01110110 01100101 01110010 00100000 01101011 01101110 01101111 01110111 00100000 01101111 01110101 01110010 00100000 00101000 01100010 01101111 01110100 00100111 01110011 00101001 00100000 01110111 01101111 01110010 01101100 01100100 00100000 01100100 01101111 01101101 01101001 01101110 01100001 01110100 01101001 01101111 01101110 00100000 01110000 01101100 01100001 01101110 00101110

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 02:54:39
/r/CryptoCurrency/comments/zqfvo8/the_aurora_reddit_community_x_rcryptocurrency_ama/j0y7ain/

KInd of misleading title, but technically correct. &#x200B; >Aurora, a Layer 2 Blockchain on NEAR built as a scaling solution for ETH which is the only L2 that uses "ETH" as the base token for Transactions. So, what they are saying is Aurora is L2 on NEAR. Now, they are saying that Aurora is the scaling solution to ETH because you can code in solidity, and it's an EVM. It is cheap. But, again, doesn't make any sense. Now, it is only L2 on NEAR which uses ETH as base tokens. SO, they are correct here.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 02:53:12
/r/CryptoCurrency/comments/zqfvo8/the_aurora_reddit_community_x_rcryptocurrency_ama/j0y4yfe/

They are the only one on the NEAR blockchain. L2 are on the main blockchain. Arbitrum and Loopring are L2s of Ethereum blockchain. Aurora is L2 of NEAR but using ETh token as the base currency instead of $NEAR token.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 02:22:37
/r/CryptoCurrency/comments/zqfvo8/the_aurora_reddit_community_x_rcryptocurrency_ama/j0y0btr/

For people having difficulty understanding, Aurora is an L2 on NEAR blockchain. It is an EVM. Hence, instead of using the base token $NEAR for fees and all, Aurora uses ETH as base token, even after working on NEAR. Also, NEAR uses rust, compared to Solidity on Ethereum. So, when you build on Aurora, you can simply develop your smart contract on Solidity instead of learning Rust. Hence, it becomes easy for Ethereum developers to transition to NEAR.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 01:25:50
/r/CryptoCurrency/comments/zqfvo8/the_aurora_reddit_community_x_rcryptocurrency_ama/j0xzzwy/

Hey Aurora team. Excellent. I have been looking at aurora since it's mainnet in 2021. I have a few questions and they are from the technical backrground. &#x200B; 1. ETH is needed for paying gas fees on Aurora. Hence, you need a bridge. Bridge are generally considered the weak link and most vulnerable entity in the crypto eco-system. How is your bridging different than others? Can we use anything else like L0 blockchain instead of bridging? 2. AuroraDAO claims to be basically a combination of DAO and traditional board. Can you explain a bit about how that will be benficial as compared to generic DAOs? What is the requirement of traditional entity in the DAO, and what impact does it have on the governance. What is the percentage allocation to this traditional entity? Won't they impact any governance decision? 3. You have an ETH faucet which isn't currently functional. Any reasons for that? 4. Why is private round investors getting their entire allocation in first 36 months? Don't you think a continuous supply for around 5-7 years would be better for tokenomics? 5. Considering the fact that block time of NEAR is 1s, how are you planning to improve the 'maximum gas per transaction' limit? You can't just simply may NEAR gas to ETH gas as far as I remember. 6. How do you compare yourself with neon-labs which is basically the best EVM on Solana mainnet. Have you seen their protocol or documentation? I developed a bit on NEAR, and I absolutely love NEAR. I hope your project turns out well. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 01:21:59
/r/CryptoCurrency/comments/zqf0qk/this_post_is_all_feelings_no_facts/j0xu5xy/

>a crypto that is built on an entirely different algorithm that doesn’t allow a crash theirs rules set in place that only allows certain people cashing out That's called a Fxed deposits. &#x200B; >So it rewards the youngest people to start investing in this coin first because they will get the biggest payout at the age of retirement. Retirement funds. &#x200B; >Even an AI system built into the coin that only allows you to put in money after you give it permission to track your monthly salary and bank statement. I don't want someone else to take a financial decision for me. What about my freedom of investment? I don't even have a freedom about investing my own money. No, thank you. &#x200B; >The algorithm only allowing a slow and steady rise and small crashes. The price of any asset aprreciate and crash based on the speculation. If you are avoiding any major crashes, there won't be any speculation and hence, no rise at all. I mean, everyone is putting money in a coin, right? Now, you have to generate interest from this money. How is this different from Celsius, FTX, Nexo, 3AC which did the exact same thing?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 00:18:14
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xteov/

I seriously want up, up, up, up, up, crab, crab, up, up, up, up, crab kind of movement

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 00:10:35
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xtarp/

Working my entire life doing a shitty job. Someone on twitter: Hedy, I bought $100 worth of BigDickInu and EloCumsRocket, and now I am a millionaire. Surely, there is a glitch in the matrix.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 00:09:29
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xsxxp/

We are basically going down 10% and bouncing like 3-5%. This is not a christmas gift, but rather a scam. Santa, please don't scam us. GIVE US THE REAL PUMP.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 00:05:55
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xsr92/

IMO, around a year of crabbing. Price based capitulation is kind of over. We are going into the next phase, which will be time based capitulation. Next year will be the best time to buy.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 00:04:06
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xsm1i/

And, worst part is, it is getting reset everytime you refresh or come back to daily. It's frustrating now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 00:02:41
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xsjq0/

Are you sure, the P2P transaction went through? Kucoin just acts as an escrow in P2P. They will immediately release funds once both the parties (buyer and seller) confirm that Fiat amount has been transferred. You should contact Kucoin support. Show them the screenshot of bank transfer you did to seller.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 20, 2022 00:02:03
/r/CryptoCurrency/comments/zqemen/this_26yearold_ftx_customer_lost_access_to_14000/j0xs461/

Blaming crypto instead of blaming centralised crypto firms, is what is wrong with people today. Crypto (BTC) came into existence to fight this firms. So that, people have control over their own money. Today, crypto is full of the very firms it emerged to fight. Sad state.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:57:52
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xrofj/

And reading daily by best comments isn't fun too.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:53:39
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xrj3x/

You can manually sort it. Top right above the post if you are using app, and just above the comment box, if you are using web

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:52:15
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xrf62/

short term, no. Long term, crypto is. TBH, It depends on the nationality of people. For japanese, it is. But, crypto currently hold the same value for them as USD. Yen is getting stronger against USD, hence, both USD and crypto will bleed against YEN. Crypto and assets will fall more, due to economic storm we are facing. So, short term, better to hold Yen. Long term, crypto is a better bet.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:51:14
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xr0yi/

It's weird to see that today, the sorting in Daily is done by Best, instead of new.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:47:34
/r/CryptoCurrency/comments/zqed36/charles_hoskinson_asserts_that_xrp_has_little/j0xqpop/

considering the very fact that ADA is just an L1 like ETH, and has no technical advantage over ETH, it's bold to say XRP has little technical value.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:44:37
/r/CryptoCurrency/comments/zqee62/ripple_cto_recommends_charles_hoskinson_take_a/j0xqjpy/

Two centralized persons (CEOs) fighting in the decentralized market-space. Wild shit.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:43:04
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xq47q/

THe very fact that the broken bond market of Japan needs way more policies than this minor tweaks of BOJ to heal, looks more scary IMO

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:39:03
/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/j0xpjod/

ummmm.... WE are still in 2021. It's 2021 Q8 right now. BTC $100k will be around 2021 Q12-16 ser.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 23:33:50
/r/CryptoCurrency/comments/zpwqkv/a_look_at_the_binance_wallets_details_on_how_a/j0vfnrz/

Hey man. Sure. CS engineer. Can to know about Bitcoin in my first year of University through a senior who was running a full node back in 2012. I am currently working in a government as a full time employee in cyberspace. I develop smart contract on freelancing basis. I was more active on Bitcointalk.org, but now spend my time here due to ongoing vacations. I am learning about on-chain tracking. That helps me a lot in overall understanding. Also, I love Linux and I am actively participating in that community too.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 13:42:01
/r/CryptoCurrency/comments/zpwqkv/a_look_at_the_binance_wallets_details_on_how_a/j0vex0x/

Ohh yes. You can. But you have to configure it for that. The problem? They have set fast sync as default. You can read it here: https://bnbsmartchain.com/how-to-run-a-fullnode-on-binance-smart-chain/ They always recommend to download the chain data snapshot.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 13:37:09
/r/CryptoCurrency/comments/zpwqkv/a_look_at_the_binance_wallets_details_on_how_a/j0va2h1/

I will surely look into this. Do we have any kind of specific information we can look into? That can save a lot of time. Even a tweet regarding technical details would be fine.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 13:05:45
/r/CryptoCurrency/comments/zpwqkv/a_look_at_the_binance_wallets_details_on_how_a/j0v91ko/

Excuse me? Did you read the whole post even once? There are two chains: beacon and BSC. The geth fork and cosmos fork, Both are showing different number of BNB. There are wallets with BNB inside them, but no history of deposits. Please, please read it once again.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 12:59:04
/r/CryptoCurrency/comments/zpwqkv/a_look_at_the_binance_wallets_details_on_how_a/j0v61ul/

So I wrote correctly, but still it is FUD as people are going to misinterpret it? Again, I wrote specifically in the heading, in the TL;DR and in the comments that Binance exchange is probably fine, it's not to worry about the exchange but rather the BSC chain. Again, we are taking a liberty here to assume that BSC chain won't take down exchange as well. When a chain and exchange have common coins, where will the liquidity come from? If BSC fails, BNB fails and I don't see how Binance won't fail. Again, not trying to spread any misinformation or shit, but to call out firms in their wrongdoings is absolutely necessary.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 12:39:39
/r/CryptoCurrency/comments/zpwqkv/a_look_at_the_binance_wallets_details_on_how_a/j0v4wb0/

The problem is, people are finding Binance exchange to be shady, but not many thinks that it's their chain which is problematic

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 12:32:26
/r/CryptoCurrency/comments/zpwqkv/a_look_at_the_binance_wallets_details_on_how_a/j0v4e06/

They came into light after Binance released their PoR. Again, How is this a FUD attack when i have provided proofs, links and transaction details for literally everything? I don't want Binance to fail TBH. I am a developer, and unlike many, crypto is my full time job. Coming back to the point, this post was a reminder that People are actually looking in the wrong direction. It's not the exchange they should be worried about, but rather the BSC-chains. Thank you. Have a great day.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 12:29:08
/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/j0v3udr/

When you think about how hard this bear market has hit us. We got the last relief pump in March 2022, that too from $37k to $47k. Last bear, we at least saw periodic pumps. We are either crabbing in the range or going down. I forgot the bull market vibes TBH in just a year. 2021 feels like a decade has passed.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 12:25:35
/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/j0v2n9t/

So, I need to kill my mom first and then masturbate?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 12:17:47
/r/CryptoCurrency/comments/zpwqkv/a_look_at_the_binance_wallets_details_on_how_a/j0v1ymq/

My understanding is that most of crypto players come from a trading background, and not from technical. It takes a lot of on-chain work, and constant staring at the screen to find or trace wallets. I am pretty sure they understand the non-technical part of the chain, but can't explain it well enough.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 12:13:17
/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/j0v1gqx/

Considering SAND is a metaverse coin, My question will be inclined towards metaverse only. Is it okay if I am in metaverse and I masturbate on the young photos of my mom?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 12:10:01
/r/CryptoCurrency/comments/zpqnn0/sbf_gave_binance_21_billion_usd_of_crypto_mostly/j0u4b9e/

No. Let me explain this. CZ sold his bag of FTT after the accounting document from coindesk. It's basically like a normal investor, right? You have a bag of something, and you realise it is a ponzi and may collapse due to the incoming news, so you sold your bag. Binance can't give them $2.1bn TBH. Especially in the bear market nonetheless. They sold after the news of FTX's weird accounting, and hence, bInance gets a free pass here. &#x200B; To give an example of how ridiculous it sounds to give back the amount, Let's say that I do some investigation that a firm X is gambling on people's funds, and they maybe secretly insolvent. So, I report that incident in public and sell my bag of the same firm, because why not. I am not an idiot. Binance would only be guilty if FTX was working perfectly with all legal accounting, and then CZ started a FUD that FTX is insolvent. Then, they MAYBE liable to pay. Otherwise, no.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 07:58:58
/r/CryptoCurrency/comments/zplerz/any_solidity_developers_interested_in_joining_a/j0tj2yi/

>Virtually no one commenting here is a dev. Okay, let's make a deal. You send me the code for review. I don't want a thing in return. Nothing monetory and nothing of co-founder shit. I will just make some comments if I feel like. I hope that is okay, right?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 03:15:57
/r/CryptoCurrency/comments/zpjisi/today_the_term_hodl_was_used_for_the_first_time/j0tispt/

That was in late 2011. He was literally begging people to buy just 1$ of BTC and forget about it.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 03:11:56
/r/CryptoCurrency/comments/zplerz/any_solidity_developers_interested_in_joining_a/j0thoa1/

I mean, your code will be open-source, right? Why do you need someone to join you as developers, when you can just put it up on GitHub. I work as a developer, and I don't think I have ever seen someone hire a CO-FOUNDER just to test a code, less than one month before release.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 02:56:08
/r/CryptoCurrency/comments/zpjisi/today_the_term_hodl_was_used_for_the_first_time/j0th3oi/

$10 to $1200 in just one year (2013). Imagine just HODLing through that year.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 02:48:16
/r/CryptoCurrency/comments/zpjisi/today_the_term_hodl_was_used_for_the_first_time/j0tgazl/

And it's a timeless advice. Years passes, and the advice still remains the same: DCA and HODL.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 02:37:26
/r/CryptoCurrency/comments/zpjisi/today_the_term_hodl_was_used_for_the_first_time/j0tg8l1/

Exactly. Time flies so fast in crypto. I mean, the amount of shit we saw in 2022 alone, I don't think any normie can handle that kind of wild rides.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 02:36:35
/r/CryptoCurrency/comments/zpjisi/today_the_term_hodl_was_used_for_the_first_time/j0tfz94/

This will be the best deals in the history of deals.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 02:33:05
/r/CryptoCurrency/comments/zpjgx2/ftxs_collapse_is_shaking_crypto_to_its_core_the/j0t9rvc/

What pain, ser? I don't feel anything now. We are already dead.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 01:14:31
/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/j0t9ihh/

Thanks mate. I almost forgot to make a million dollars today. Thanks for the reminder.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 01:11:21
/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/j0t7ct1/

Boy, this daily is more dead than my grandma.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 00:46:37
/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/j0t4kci/

TBH, A good decision. CB is at a good discount. Their account sheet looks convincing. They are listed publically. CB isn't going anywhere

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 00:17:03
/r/CryptoCurrency/comments/zpcbey/daily_general_discussion_december_19_2022_gmt0/j0t4ebm/

Hello to all 15 people (+bots) here. Good morning.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 19, 2022 00:15:20
/r/CryptoCurrency/comments/zokafv/daily_general_discussion_december_18_2022_gmt0/j0pyjpj/

Messi vs Ronaldo debate will be over today.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 18, 2022 10:39:53
/r/CryptoCurrency/comments/zoxvje/5000000000_in_crypto_exits_binance_in_48_hours_as/j0pfb4k/

I think OP is using Internet explorer for farming moons.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 18, 2022 07:52:42
/r/CryptoCurrency/comments/zokafv/daily_general_discussion_december_18_2022_gmt0/j0oiv0r/

Crab doesn't mean we stay at the same price. It means we stay in the range of 10-30k.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 18, 2022 00:50:39
/r/CryptoCurrency/comments/zokafv/daily_general_discussion_december_18_2022_gmt0/j0oiokt/

They literally have $55bn in their cold wallet after all the withdrawals. People just like to fud without any concrete evidence

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 18, 2022 00:48:43
/r/CryptoCurrency/comments/zokafv/daily_general_discussion_december_18_2022_gmt0/j0ohxg7/

I am more inclined towards 0.75 but let's see

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 18, 2022 00:40:36
/r/CryptoCurrency/comments/zopsnk/what_is_the_best_cold_wallet_december_2022_for/j0oan3q/

I would go for Ledger. I never had any issues with them.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 23:29:56
/r/CryptoCurrency/comments/zokafv/daily_general_discussion_december_18_2022_gmt0/j0nld3k/

Hello to all of you 17 people (+bots) here. It's 5 am in the morning, and I just finished deploying a smart contract. Going to sleep now. It's holiday season now...

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 19:58:52
/r/CryptoCurrency/comments/zol5pr/the_effects_of_ftxs_collapse_on_the/j0nl2gy/

People really lost a good amount in FTX contagion.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 19:56:31
/r/CryptoCurrency/comments/zo5zmf/there_are_no_crypto_experts_out_there/j0l71fg/

Advice-1: Buy high and sell low. Advice-2: buy my shilled coins at ATH so that you become my exit liquidity. See I am a Crypto expert now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 09:30:29
/r/CryptoCurrency/comments/zo66h5/new_finding_an_encrypted_7zip_file_possibly/j0l1uc8/

Ummm.... It will be difficult to decode without the password, right? I guess it's an issuance policy. I remembered he was talking about this in his tweets some years ago. From what I can see, it was created in January 2017. Let me see if I can find something more out

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 08:43:15
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0ky96y/

Looks solid. The only thing I would say is, and this may be my opinion and not work for everyone, that you have too many coins in which you have invested. This is bad, especially in the bear market. Again, this is my opinion and nothing else. Good luck.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 08:06:39
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0ky0o6/

Ser, please don't flaunt your richness here. I had frozen water cubes with salt sprinkled on it for dinner today.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 08:04:07
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0kxyl4/

You have to import your vault. You have the seed phrase of vault. You need to re-install MM, due to their fucking shit, which I can't understand. Then, on re-installing, you see the option of 'import existing wallet', in which you have to paste your seed-phrase. Once you do that, you have to add arbitrum network to the metamask. Wait, I have already written this comment before FFS. Open metamask and create a new account using your seed phrase. (You'll need a fresh install of metamask because for some reason it only lets you import using a private key instead of a seed phrase if you already have an account active; make sure you remember your old account details so you can get it back - there are also tools to convert seed phrase to private key but be careful with these and make sure you aren't connected to the internet if you use them) Edit: if you install it on a separate device or browser you can then export the private key from the new metamask and then use the exported key to import into your regular old metamask as a new imported account. Now you need to add the Arbitrum Nova network to metamask. In settings -> netowork imput the following: Newtowk name: Arbitrum Nova, RPC Url: https://nova.arbitrum.io/rpc , Chain ID: 42170 Now switch to the Arbitrum Nova network You now need to add moons token. You can get the token address by going to https://nova-explorer.arbitrum.io and copying your public address from your reddit vault and pasting it into the explorer. Under tokens you should see your moons (and bricks or other reddit tokens you might have). Click on moons and where it says "contract" copy this string of characters. If you don't see it, it means your moons haven't been transferred to the new network yet, give it time. From your metamask wallet (which should now be set to the Arbitrum Nova network) you'll be able to click "import tokens". Under token address, paste the contract address you copied from the previous step, for token symbol MOON should come up automatically, set token decimal to 18 and click import. There you have it, you should see your moons in your metamask wallet. How to get the ETH on Arbitrum Nova for fees Method 1: click on the link on the community points tile on the right. Follow the steps - you'll create a FTX US account then once the KYC is approved you can buy USD which you'll use to buy ETH on Arbitrum Nova. This whole process took me about 30 mins and I'm in Australia. I just followed the steps Reddit gave me. Method 2: Buy or transfer normal Layer 1 ETH to your wallet (the one you linked to metamask above). Then use the Arbitrum bridge https://bridge.arbitrum.io/ to convert it to Arbitrum Nova ETH. Make sure you leave enough in your layer 1 to cover fees if you want to transfer it back to layer 1 later. How to swap moons for ETH Use the website rcpswap.com and link your metamask wallet while you're on the Arbitrum Nova network. You can swap your moons for Arbitrum Nova ETH and then use the bridge mentioned above to swap it for Layer 1 ETH

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 08:03:29
/r/CryptoCurrency/comments/zo5fic/michael_burry_says_audits_of_crypto_exchanges/j0kxo3d/

Instead of getting a traditional accouting which 100% of other firms does, they try to manipulate the audits of Mazars. That's what creates ambiguity and shadiness around the exchange or firm. Just GODDAMN show us the accounting sheet, like how entire world is doing. Why is it so fucking hard?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 08:00:15
/r/CryptoCurrency/comments/zntmda/they_almost_got_me/j0kwd15/

Rule-1: No one from any exchange will call you to tell you that you have been hacked. Rule-2: there is no urgency when you deal with your crypto or any assets. Take your time to understand. Rule-3: always remember rule-1 and rule-2

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:45:41
/r/CryptoCurrency/comments/zo4p4j/community_fears_dcg_is_selling_as_altcoins_values/j0kw7rh/

No-one knows certainly that whether sell-off will save them from bankruptcy. But they can always say that they saw a chance of saving themselves from bankruptcy by selling off liquid assets. It's a last desperate attempt.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:44:01
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0kvs3t/

Ohh yeah. I don't hate shitcoins TBH. They don't fool investors at least. I mean, people invested in doge and shibu knows what they are investing in. Same is not the case with coins like LUNA,UST, FTT etc which mislead the people.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:38:54
/r/CryptoCurrency/comments/zo52i0/bitcoin_still_lacks_this_onchain_signal_for_btc/j0kvhmy/

>“On-chain, three factors are needed for a bull: 1. Holding behavior from long-term investors. 2. Painful losses from short-term speculators. 3. Network activity across the board,” he summarized. “Personally seeing 1 and 2. 3 is still underwhelming.” There. Saved you a click.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:35:38
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0kv8fj/

Same. Considering it's a degen ecosystem, It feels bad when project with good technicals get ignored, while BigDickInu and ElonCumsRocket rises 500% in a day or so.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:32:37
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0kuwfd/

>AMA 1. Is it okay if I say 'Go down on me' just like ADA and SOL does' to my Girlfriend? 2. Is it okay if I say 'Bitcoin Bitcoin, ohh god Bitcoin' instead of screaming my GF's name during sex? 3. Have you ever masturbated to young pictures of your mom?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:28:42
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0kugw3/

Cardano is down 92% from its ATH. Considering it's a top-10 crypto, I think that %age is a bit on a higher side.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:23:34
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0ku6du/

I was looking at the porn, but both pornstars, instead of fucking, are looking at the BTC charts, and calculating their loss for tax season. So, I am technically looking at the BTC chart and their portfolio, inside a porn video.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:20:00
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0ktqcd/

It is down 6% on daily. It is down on BTC and ETH too. Also, moons distribution is there in like 9 days. That may further decrease the price due to sell pressure.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:14:32
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0ktk3n/

I have a good chunk of ETH orders at $600-800. I am like 95% confident that ETH orders will get filled in 2023. Let's see.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:12:23
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0ktfj6/

I really hope NEAR survive this DCG sell-off. I am having some buy orders at $1 and $0.8 too. This is a speculation, and I don't know shit, but I am confident that NEAR will survive this bear, and will boom in the next bull. Technicals look good, and they are doing immense work in web3, which is going to be an important perspective next bull.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:10:45
/r/CryptoCurrency/comments/zo4p4j/community_fears_dcg_is_selling_as_altcoins_values/j0kt8mp/

No. The problem is not with the news. The problem is with their sell-off of altcoins. They have a significant chunk of alts like NEAR, ETC, LTC, BCH etc. Also, BNB based alts are also getting rekt. So, these two events combined will rekt the alt-markets like anything. This may also increase BTC dominance.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:08:14
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0kt0j5/

I bought BTC yesterday. That was the reason of this dump we are seeing. Sorry for that. Also, picked up an extremely tiny bag of NEAR. I technically love this coin, and risk-reward ratio was looking good despite all this sell off by DCG

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 07:05:31
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0ksl09/

feeling a bit bearish looking at the DCG sell-off and genesis bankruptcy rumours. Also, BNB decline may force liquidation to many firms too. Market is rinsing the leveraged players, and it doesn't feel good TBH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 06:59:56
/r/CryptoCurrency/comments/zo4p4j/community_fears_dcg_is_selling_as_altcoins_values/j0ks9kh/

Not want to sound bearish or anything, but Genesis bankruptcy news is around the corner. It may be even within a week. This may be a desperate attempt to sell their liquid assets before filing for bankruptcy.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 06:55:48
/r/CryptoCurrency/comments/zo4oq8/1m_of_sbfs_funding_will_be_returned_to_ftx_victims/j0kryva/

$1mn is nothing as compared to the $8bn hole. It's like getting 12 cents on every $1000 of customer funds. I mean, it's good that democrats are giving their donated money back in order to not stain their image, but it is literally a drop in the ocean, without any exaggeration.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 06:51:48
/r/CryptoCurrency/comments/zo3dnx/leaving_for_the_while_being/j0krr0q/

You can definitely take a break. People need a break in this depressing time. It's a crypto-winter time, and charts won't move much. Enjoy your life, people. Crypto won't go anywhere. Mental peace is extremely important.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 06:48:49
/r/CryptoCurrency/comments/zo3nct/follow_up_to_the_cosmos_antishill_based_on_the/j0krknr/

Anti-shill posts are absolutely necessary. If you can't think critical of your investment or coin, you have to accept that you are living in an echo chamber. Be critical of your coins always. See why people are negative about them, and reason with them. This will always be beter for you and your investments.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 06:46:27
/r/CryptoCurrency/comments/zo4529/former_president_donald_trumps_collection_soars/j0kqsb5/

To think, everything in this world is a gamble, and we are living in some form of matrix.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 06:35:51
/r/CryptoCurrency/comments/zo4529/former_president_donald_trumps_collection_soars/j0kqs0z/

To think, everything in this world is a gamble, and we are living in some form of matrix.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 06:35:47
/r/CryptoCurrency/comments/zo46w4/once_xrpeth_is_declared_a_security_the_entire/j0kqp8m/

TBH, They need to change and modify the definition of security, if they want to include cryptocurrencies into the umbrella. The case between XRP and SEC is that's why important. SEC will try it's best to modify the term 'securities' so that it includes cryptocurrency too. XRP, on the other hand, will try to fight considering the old definition in mind. I don't think SEC will give up so easily in this case, as it determines the entire control over crypro-assets in general.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 17, 2022 06:34:48
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0ju6py/

Ohh then it's fine and you are safe. Don't worry much. Enjoy.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 23:37:16
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jtsc1/

Creatine is much better. I take 10 gram per day and it is the best fucking thing

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 23:33:25
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jqd9j/

You don't get nightmares about BTC going to 0? Lucky guy.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 23:00:56
/r/CryptoCurrency/comments/znxf8g/get_free_ethyah_really/j0jq48i/

I bought cbETH at 6% discount two days back. CB isn't going anywhere, and I am comfortable with this risk-reward ratio.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:58:38
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jpyv3/

That's a bullish news right? Right guys?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:57:14
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jpvfh/

What are y'all thinking about ratio this time?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:56:22
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jpsqk/

2021 won't end without BTC reaching $100k. Maybe around q12-16 of 2021

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:55:41
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jmddd/

Ahhhhh.... different kind of sex orgy for SBF this ime.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:24:47
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jma2o/

>I am starting to hate this space This is the bear phase of the market. Calm down. Get your eyes off the charts. Live a life, and DCA into crypto if possible. Just a small amount per month. This phase will pass too. Phases come and go, what remains is the award for being patient. Be patient. Worst is over now. This is the time to BUIDL your portfolio for the next cycle. Also, NFA but clinging to a coin or loss, even when their hype is dies down is not a good strategy. Always reshuffle your portfolio.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:23:58
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jl5o4/

Ohh, the thing is they have to fall another 80-90% from 90% to reach 98-99%.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:14:08
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jkx8q/

Wow. You should be ashamed to flaunt your richness, ser. We are surviving on frozen water cubes with salt sprinkled on it.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:12:04
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jkt8l/

My portfolio has been dead for so long, it is rotting.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:11:04
/r/CryptoCurrency/comments/znw7nm/shaq_scoffs_at_being_named_in_lawsuit_over_ftx/j0jkmg1/

Yeah..... shillers making their own money without understanding shit about it. Seems pretty normal in crypto industry

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:09:25
/r/CryptoCurrency/comments/znwlym/buckle_into_your_seat_belts_for_the_opportunity/j0jkikm/

Ahhhhh.... I just woke up and got my daily dose of hopium. That's the only thing I can afford to eat nowadays. Hopium and frozen water cubes with sprinkled salt.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:08:31
/r/CryptoCurrency/comments/znvf1x/3_reasons_to_be_careful_what_you_post_in_this_sub/j0jkaf2/

>Firstly, as we know, Binance is likely to declare bankruptcy in the coming weeks. ummm... okay, now that's one way to start a post which advices about not spreading FUDs.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:06:36
/r/CryptoCurrency/comments/znw2cg/reminder_btc_and_eth_network_fees_remain/j0jjt3e/

On an off-topic, these prices makes me cum as an developer who deploys smart-contracts on Ethereum mainnet. Boy, it feels so fucking good when you deploy a contract, and it doesn't immediately empty your wallets. That's the reason you should always look at the teams deploying SC in bear market, as they are doing the most logical thing, and that too, without any hype. They are the ones who generally survive the bear, and flourish in the bull. Just 2 cents (or 1 UST if you will)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 22:02:26
/r/CryptoCurrency/comments/znw5k5/the_binance_fud_has_been_going_on_for_over_a_week/j0jjb87/

The very fact that drowned FTX was Alameda Research. Also, no exchange is going to repeat the same mistake like FTX. They literally have $60bn in their cold wallet. People don't understand this simple thing. The shady thing isn't in their exchange. Exchange is fine. The shady thing is in their BSC eco-system and shitcoins there.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 21:58:14
/r/CryptoCurrency/comments/znwaod/teaching_mom_all_about_bitcoin/j0jj172/

I could write a lot, but these people has already explained it really well. [https://bitcoin.org/en/getting-started](https://bitcoin.org/en/getting-started) Just go through this, and you will be easily able to understand.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 21:55:50
/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/j0jiqe9/

So, we got a big dildo today? Good morning people. Happy holidays.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 21:53:11
/r/CryptoCurrency/comments/znlerb/solana_protocol_raydium_hacked_for_2million/j0hm40c/

Post getting removed in 3.....2.......1

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 13:25:48
/r/CryptoCurrency/comments/znkxu6/is_the_world_is_falling_apart_will_crypto_survive/j0hm0qc/

World has been falling apart since centuries. Nothing is going to happen.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 13:25:12
/r/CryptoCurrency/comments/znko90/most_reliable_hot_wallet/j0hjg08/

Exodus, trust wallet and Metamask, in that order. Also, Electrum if you just want to store BTC.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 13:08:24
/r/CryptoCurrency/comments/znk7jy/moons_and_dogecoin_comparisson_and_bullish/j0hgg54/

Ahhhh...... the daily dose of hopium and copium. That's the reason why I visit this sub.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 12:48:52
/r/CryptoCurrency/comments/znkbpe/bitcoin_targets_167k_amid_fear_bnb_may_drag_whole/j0hg4br/

I mean BNB isn't dumping that much to drag whole crypto market down. Quality of articles is sometimes is so bad, you just think it is written by someone in this sub.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 12:46:43
/r/CryptoCurrency/comments/zngvs0/doing_things_for_a_joke_might_have_gone_to_far/j0gts5w/

Ser, this is a casino. You don't expect logic in Casinos. You gamble.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 10:22:47
/r/CryptoCurrency/comments/znh0w2/binance_auditor_mazars_halts_all_crypto_work/j0gtmu9/

I read the same news literally 30 times. IT'S NOT FUN ANYMORE, PEOPLE.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 10:21:48
/r/CryptoCurrency/comments/zng37o/trumps_new_adventure_has_reached_the_end/j0go1z3/

I mean, after looking at how he sold his MAGA caps and T-shirts, I was pretty sure people are definitely gonna buy this.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 09:42:59
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0gc81n/

yes ser. I am trying my best. Just bought 0.000001 BTC.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 08:08:41
/r/CryptoCurrency/comments/zndxbw/apple_to_allow_thirdparty_app_stores_in_windfall/j0gc2kr/

ohh yes. I use brave without any rewards too. It just works better for me. I won't say no to free BATs obviously.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 08:07:24
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0gbutb/

At least we are going to get moons around Christmas.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 08:05:29
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0gbiuy/

CNBC taking on Kevin, and Kevin baffling like a child, is like the funniest thing I saw today.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 08:02:22
/r/CryptoCurrency/comments/znd8gg/binance_ceo_explains_why_exchange_wont_refund/j0gbc32/

>Binance CEO explains why exchange won't refund Mithril 200,000 BNB after delisting TL;DR Because Binance and CZ aren't idiots.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 08:00:32
/r/CryptoCurrency/comments/zndruj/cz_actually_kinda_forgot_about_500_mil/j0gb7wc/

I remembered when SBF forgot about $8bn. TBH, It seems like a mistake. Their wallets shows $60bn in reserves.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:59:28
/r/CryptoCurrency/comments/zndt2t/ftx_influencers_shift_blame_back_onto_the_crypto/j0gb2f0/

Influencers and FTX playing ping pong on responsibilities, and customer losing their life savings.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:58:08
/r/CryptoCurrency/comments/zndve5/bnb_plummets_as_binance_auditor_mazars_halts_work/j0gayq2/

BNB plummets because entire crypto market plummets. Correlation doesn't mean causation, people.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:57:13
/r/CryptoCurrency/comments/zndxbw/apple_to_allow_thirdparty_app_stores_in_windfall/j0gahvl/

I am both happy and sad, as an Apple user. It's good that I will be able to use crypto apps from third-party source. Bad, because it will fundamentally change how iOS operates and how developers work on an app in iOS.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:52:48
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0ga7n0/

Everyday. Every fucking day. Crypto never fails to surprise me.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:50:04
/r/CryptoCurrency/comments/znbk5l/the_real_facts_about_bitvavo/j0ga385/

The main FUD is, or I don't know if it's true. It's that Bitvavo had 16% of their customer funds on Gemini. And, you are talking about withdrawals working properly. That's the thing in the bank run, right? I mean, they stop withdrawals after their wallets gets empty. The withdrawals work fine, until they don't. NYKNYC, People.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:48:54
/r/CryptoCurrency/comments/znbk5l/the_real_facts_about_bitvavo/j0g9sik/

Now it's safe to put your funds on exchanges. Follow me for more financial advice. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:46:12
/r/CryptoCurrency/comments/zndrx2/avalanche_processes_500_million_transactions/j0g9jnz/

Ohh I definitely forgot about avalanche. It is a really good project. This is why I love this sub. Helps me going through the coins I forget.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:43:46
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g7161/

That is not possible, ser. It will be shown every time you see BTC chart and your portfolio.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:17:53
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g6veu/

Crypto has taught me that nothing sounds shocking to me anymore

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:16:09
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0g600n/

You have your vault imported to MM? If yes, I can transfer some.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:06:37
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0g5jwi/

Ummm..... I don't think you need even 0.1 MATIC for trade, right?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 07:01:29
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0g5d5z/

I mean, he was able to sell his MAGA caps. Anything was possible after that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:59:21
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g4vt6/

Ser, it's for legal purposes. Next, we are going to get video evidence of this statement.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:53:52
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g4kfj/

She isn't using any stop loss on SBF's mental and financial well-being I guess.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:50:18
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g4dss/

She looks like an old lady and a teenager at the same time.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:48:10
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g3wla/

but NYPost used it anyway, as they knew the context regarding sexual life of SBF and Caroline. Nice play NYPost.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:42:31
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g3fbr/

We all got the same 'coin collector' avatar, ser. It's literally the same.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:36:50
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g3d1y/

His net worth went from $20bn to $100k because of her.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:36:06
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g38nr/

I read, and I was like, WTF did I just read? How do I delete this memory? And then I realised, ohh, if I can't delete this, all my brothers of r/cc should be having this memory as well. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:34:38
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0g2rvd/

There are rumours of someone getting liquidated here. Someone on twitter was talking about a big institution getting liquidated.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:28:43
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0g2l9u/

We are going into the weekend dump most probably.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:26:25
/r/CryptoCurrency/comments/znccp6/former_sec_lawyer_fischer_confirmed_that_sbf_was/j0g2i2m/

In my response, I was going to put COMEDY Flair, but the limit was reached. So, yeah. Anyway, I can't read much.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:25:17
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0g2bj9/

Ser, BTC Manager hasn't shown up past week. We will get in touch with your complaint once he arrives.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:22:57
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0g1l70/

People..... I was reading NYpost regarding Caroline helping FEDs and snitching on SBF. And kid you not, this is what I read: >“She would have among the greatest incentives to cooperate, as it was seeming likely that in his effort to exculpate himself, Bankman-Fried would try to finger her,” former Securities and Exchange Commission lawyer Howard Fischer told The Post. WTF did I just read. Link to NYpost: https://nypost.com/2022/12/14/sam-bankman-frieds-ex-caroline-ellison-likely-works-with-feds/

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 06:13:32
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fyjxg/

ohh yes. First, $17k is the FUD price, and then, it will be a hopium price.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 05:32:15
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fyhou/

because we have invested >!gambled !<in a sector run by clowns.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 05:31:22
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fyfav/

any +-1% price movement is a news nowadays.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 05:30:27
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fydfj/

please whale ser. Buy 0.001 BTC and save the market ser.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 05:29:42
/r/CryptoCurrency/comments/znb8d1/news_coming_in_that_mazars_has_stopped_work_for/j0fy9m0/

>The AUP reports were widely mistaken for audits whereas the reports clearly stated their purpose. LMAO. Mazars realised what a wild and degen gambling community they are dealing with. Ser, This is literally a casino. We FUD here without reading anything.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 05:28:13
/r/CryptoCurrency/comments/znbdwl/airdop_of_chips_on_algorand_blockchain_for_lp/j0fy4eg/

Is this an official shill? or you just copy pasted from somewhere?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 05:26:09
/r/CryptoCurrency/comments/zn88pf/ftx_wants_permission_to_sell_ftx_japan_and_ftx/j0fmqfx/

No. As they have filed for bankruptcy, when they sell, the amount will go to an escrow. What you are saying will happen if they don't sell. They will continue to take cash out of this solvent platforms for their fees and cuts and shit, making that platform unsustainable.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 02:46:10
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0flhlv/

I would buy this collection 100s of times compared to the original ones TBH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 02:30:00
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fl8jz/

But he's Trump. So, that kind of genius thought won't come to his mind probably.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 02:26:48
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fl3uf/

Frozen water cubes works great for dinner too. Sprinkle some salt for taste and you are good to go.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 02:25:08
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fl1ba/

plot twist: It was created by trump to sale NFT to democrats.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 02:24:13
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fkqt0/

Agreed. I don't blame him even 1% for FTX contagion. Binance will remain solvent, irrespective of what people on this sub say.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 02:20:33
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fjzkh/

Um..... your reddit vault has a seedphrase, right? Now, you go into MM, go to new wallet section and there, you will find an option of 'import existing wallet'. You do that, and you have imported your vault to MM. I have written a post regarding using wallets. Wait, I will shamelessly post it here. [using wallets part 1](https://np.reddit.com/r/CryptoCurrency/comments/z3e86b/crypto_wallets_101_part1_private_keys_what_is_a/?utm_source=share&utm_medium=web2x&context=3) [how to use seed phrase for transferring](https://np.reddit.com/r/CryptoCurrency/comments/z48qo5/crypto_wallets_101_part2_difference_between/?utm_source=share&utm_medium=web2x&context=3)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 02:10:51
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fjbi2/

[https://www.cryptomiso.com/](https://www.cryptomiso.com/) It's the best place to look for commits. Again, commits may be manipulated and they aren't the perfect way to judge a project, but it tells something. Again, I don't hold any ICP. I just pointed out because I am a developer, and I like the Technical working of ICP. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 02:02:36
/r/CryptoCurrency/comments/zn88pf/ftx_wants_permission_to_sell_ftx_japan_and_ftx/j0fi2fh/

Ummmm.... A good decision IMO. They are trying to seperate chaff from wheat (or rather wheat from chaff at this point). They want to sell their liquid belongings. Now, this money will be under an escrow by the court. More liquid belongings means more money, which means more funds to return back to people. The late it happens, the less value it will get.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 01:47:20
/r/CryptoCurrency/comments/zn7caw/is_binance_about_to_collapse/j0fhsv2/

Because they have $60bn in their cold wallet. Mazars just found a discrepancy of some millions. Also, we are sure that they are not gambling people's funds away. No-one is going to scam you in the same way. Binance isn't going to make the same mistake FTX did. &#x200B; >People can’t smell a scam if it kicked them in the face I swear. People will tell everything is a scam, but not the very thing which was scam. This sub is expert in FUDing every exchange, but none of them (except 1-2 posts) predicted LUNA, Celcius, 3AC, FTX etc. Tells a lot, right?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 01:44:06
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fdvd6/

Shitposting while mining fiat. My job is kind of chill.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:58:59
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fdp51/

WTF did I just read? My eyes.....My eyeeessss

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:57:03
/r/CryptoCurrency/comments/zn71nz/cryptoquant_verifies_binances_reserves_reports_no/j0fdg7o/

It's now okay to put your crypto on an exchange. Follow me for more financial advice.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:54:19
/r/CryptoCurrency/comments/zn6zwa/best_hardware_wallet/j0fd56o/

My personal choice is Ledger. Their documentation is excellent.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:51:03
/r/CryptoCurrency/comments/zn7caw/is_binance_about_to_collapse/j0fd293/

Binance looks shady and opaque, but I am 90% sure they will remain solvent. They have a huge reserve, and they didn't gamble their money away. CZ also seems to have support from Middle East. IMHO, I would put a 95c on Binance halting any withdrawals of major cryptocurrencies. NYKNYC, people.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:50:11
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0fcr57/

I directly went from tin to platinum. The automatic update happens every 2 months or so, but in that period, if you are eligible for platinum tier, you will directly be sent to platinum. You can also update it manually. PM commands are there. https://www.reddit.com/message/compose?to=InstaMod&subject=!CryptoCurrency%20!updateme&message=

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:46:52
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f9lvc/

Yup. A desperate attempt it looked like.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:14:35
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f9aja/

He launched his NFT collection after sniffing Cokemon.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:11:23
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f92sk/

Haha. It's holiday time. Happy holidays mate. Also, 5 days to the snapshot. You were pretty active this month, I guess. So, moons coming too

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:09:18
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f8r28/

It has the most commits in this bear. If you are not looking at the price action, they are doing everything correct.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:06:11
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f8m7u/

You get cbETH if you stake ETH with Coinbase. It's just like stETH, if you have any idea. If not, do tell so that I will explain in detail.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:04:57
/r/CryptoCurrency/comments/zn6c2w/how_is_everyone_doing_with_their_reddit_nfts/j0f8dh1/

TBH, they could have used some diversity in the coin collector series. They all look literally the same. You are anyway going to store it over a blockchain, then why not just make a unique avatar? They did it with their free NFTs and even with their paid ones. &#x200B; Also,Trump NFT shilling was a desperate attempt, and haven't received well in the normie community.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 16, 2022 00:02:36
/r/CryptoCurrency/comments/zn6fac/the_most_googled_cryptocurrencies_of_2022/j0f81il/

Shibu and Dogecoin coming second and third. Even before Eth. Who would have expected that? /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:59:26
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f7uyk/

I mean, a slight variation in each collectible should have been great, right? They are putting it on blockchain anyway. So, why not just mint different for everyone. They did it with their first and second generation of free avatars, and even for paid avatars, right?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:57:45
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f7ljh/

I will go first. Trust launched his collectibles looking like a pokemon, but that guy is a brokemon in reality

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:55:19
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f6ko8/

Reddit recap collectibe all looks the same. I have seen like 15-20 copies just like mine. Change my mind.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:46:02
/r/CryptoCurrency/comments/zmthef/eth_shrimp_abruptly_moves_000009_eth_in_one/j0f66iu/

>the wealthy investor abruptly transferred a staggering 9x10E-8 thousand ETH worth just over $0.00000012 million from an unknown wallet to another unknown wallet. Don't worry guys. It's just Alameda transferring their last customer funds to gamble

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:42:28
/r/CryptoCurrency/comments/zn5gm7/near_strategic_update_and_outlook_for_2023/j0f5so8/

People don't talk about NEAR much in this sub. IMO, I have a positive outlook on NEAR. The technicals and financials look strong for NEAR. Let's see what NEAR brings in the next bull run. Note: I hold a tiny bag of NEAR, so my views may be biased. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:38:59
/r/CryptoCurrency/comments/zn5jqq/after_the_ftx_chaos_is_crypto_down_and_out_after/j0f5dif/

>Must be the bottom when the BBC predicts the end of bitcoin. Remember kids, It doesn't definitely mean 'the bottom is in' when mainstream media says that BTC is dead. It just means that we are balls deep in bear phase of market.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:35:18
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f4l51/

cbETH is at \~6% discount to ETH. I am thinking of buying some cbETH. It's within my Risk-reward ratio I guess. CB isn't going anywhere.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:28:16
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f48wf/

Ser, it's still 2021 Q8. We will reach BTC $100K by 2021 Q12-16

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:25:17
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0f43fw/

Tin to bronze to silver to gold to platinum to BTC. That's the only forward path.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 23:23:56
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0ezcbn/

So, it's a slow day. We still crabbing?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:44:15
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0eyp2j/

I have my orders from $10-15k. Last lot of my DCA. I hope they gets filled in 2023.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:39:02
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0exsxm/

But that was last month right? That's the reason the ratio was like 0.42 You may be right though. Only 5 days left to find out

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:31:54
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0ex147/

Considering it started from 28th november, there were no news and this sub looked dead like my sex life. That's the reason I went for 0.8, but yeah, around 0.7 would be a good fit.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:25:47
/r/CryptoCurrency/comments/zn4q0o/something_big_is_coming_shiba_inu_community/j0ewq6j/

>“Something Big Is Coming” Me telling my wife before making every stupid financial decision.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:23:23
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0ewehy/

ohh that's great. Godspeed brother. I think I saw you multiple times this month. I hope you are gonna get a good chunk of moons I guess.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:20:49
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0ew7jb/

IMO, Trump is selling his NFT to fund his walls. (and lawsuits too), but mainly walls.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:19:20
/r/CryptoCurrency/comments/zn4djx/if_vitalik_gets_arrested_im_out/j0evtdz/

>Everything ~~slightly interesting~~ is posted 30 times here. There. FTFY.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:16:12
/r/CryptoCurrency/comments/zn4djx/if_vitalik_gets_arrested_im_out/j0evpw4/

It's just his perspective. Kind of what if...

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:15:26
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0evjuj/

01101110 01101001 01100011 01100101 00100000 01100001 01110011 01110011 00100000 01110100 01101111 00100000 01111001 01101111 01110101 00100000 01110100 01101111 01101111 00101110, ser.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:14:07
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0ev8pp/

That's the purpose of L2s TBH. Mainnet should only be used to deploy smart-contracts and L2s. Remaining all the work should be done on L2 only.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:11:40
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0euqtr/

ohh 5 days to snapshot. I seriously hope the ratio to be around 0.8 this time. Maybe even 0.85.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:07:47
/r/CryptoCurrency/comments/zn0m6w/daily_general_discussion_december_16_2022_gmt0/j0eu3xx/

Morning to all 18 people here. and 01101101 01101111 01110010 01101110 01101001 01101110 01100111 to bots.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 22:02:57
/r/CryptoCurrency/comments/zn40ex/staking_usdc_for_passive_income/j0esrv4/

The problem is, 1. From where they are generating yield on a stablecoin? Mostly through lending and providing liquidity. 2. If something like FTX happens to your exchange, your coins are gone. You can stake coins directly on a Blockchain. You should look into that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 21:52:43
/r/CryptoCurrency/comments/zmq8p8/caroline_ellison_likely_working_with_feds_against/j0cp0qs/

I mean, this shouldn't save her from her crimes, right? Right guys?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 13:12:13
/r/CryptoCurrency/comments/zmqze4/serious_do_you_believe_moons_will_ever_reach_ath/j0cl6vf/

I honestly think it will. Moon was a new coin in the previous bull run, and it had less utility than it has today. But, reddit has to do some good work for moons to moon. They did an excellent work with their collectibles, and it's success were echoed in the entire crypto community. No-one apart from this sub knows that MOONS exist. Something like a marketplace with Moons as base currency, or any partnership with some firm, or listing it on tier-2 exchanges will be a boost to Moons. We as a community should also talk more about Moons outside of this sub. Community makes or break a coin. Let's see what reddit brings with the Moons. Fingers crossed.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 12:47:47
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0ckb7b/

money printer goessss brrrrrr. Now, its time to reverse the money printer.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 12:42:14
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0ck26n/

Alts are getting rekt against BTC. Moons will too.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 12:40:38
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0cjvze/

If you FOMOed into COCOS looking at CMC and Binance, you deserve to lose money TBH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 12:39:33
/r/CryptoCurrency/comments/zmq2qi/i_need_help_im_questioning_wether_this_is_the/j0ceyfl/

It's not a scam. Chaintip is one of the best thing on Bitcoin Cash.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 12:08:21
/r/CryptoCurrency/comments/zmptp8/gemini_crypto_exchange_got_hacked_confidential/j0ceb9c/

No data was leaked. It was a hack for $36mn in crypto, THAT TOO IN FEBRUARY.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 12:04:15
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0cdyb5/

Some internal bug. It is ranked around 430 marketcap wise.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 12:01:54
/r/CryptoCurrency/comments/zjmkpg/submit_your_picks_for_rbestof2022_and_win_some/j0cddhy/

\[Most Informative\] [https://www.reddit.com/r/CryptoCurrency/comments/mtghzc/what\_are\_some\_ways\_to\_earn\_some\_crypto\_2\_for/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/CryptoCurrency/comments/mtghzc/what_are_some_ways_to_earn_some_crypto_2_for/?utm_source=share&utm_medium=web2x&context=3) &#x200B; This helped me a lot. Comments were excellent.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:58:14
/r/CryptoCurrency/comments/zmpw5l/donald_trump_launches_his_own_nft_scheme_for_99/j0ccw53/

Why the fuck is this flair COMEDY? Trump is fucking serious. He is as serious as he was when he decided to build a wall.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:55:12
/r/CryptoCurrency/comments/zmpw7v/top_5_billionaires_who_lost_the_most_money_due_to/j0ccpss/

They lost billions, and are still 1000s of times richer than me. \*sigh\* cries in a corner.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:54:08
/r/CryptoCurrency/comments/zmptp8/gemini_crypto_exchange_got_hacked_confidential/j0ccekx/

Misleading Headlines, misleading post and FUD. &#x200B; >IRA Financial Trust, an institutional partner of the Gemini exchange for retirement-minded crypto investors, lost crypto funds equivalent to $36 million. It has emerged that IRA was “swatted” during the hack, CoinDesk reported, citing a local police account. It's IRA that has been hacked. They are just an institutional partner with Gemini.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:52:13
/r/CryptoCurrency/comments/zmpmh9/un_taps_stellar_blockchain_to_send_warimpacted/j0cc16a/

>Last year, the Stellar Development Foundation (SDF) also announced that the Stellar blockchain will be used to pilot an electronic version of the hryvnia, the national currency of Ukraine. Maybe because Stellar team is already involved in Ukraine, so it becomes easy for UN. I think the same TBH. I own BigDickInu and ElonCumsRocket, and I am so mad that they didn't use them for Ukraine? /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:49:52
/r/CryptoCurrency/comments/zmpdf2/only_99_former_us_president_donald_trump_unveils/j0cblkn/

Everyday I come to this sub thinking I have seen everything in crypto, and then an absolute new shit comes out. What in a wild and unexpected sector have I invested? I love it.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:47:12
/r/CryptoCurrency/comments/zmpmh9/un_taps_stellar_blockchain_to_send_warimpacted/j0cbcx2/

Crypto to the rescue. An excellent use case for crypto.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:45:40
/r/CryptoCurrency/comments/zmpm1m/i_dont_know_how_to_feel_about_this_any_advice/j0cb7ns/

>"Are you prepared to send that money to them?" Sorkin asked Zhao. "I think we'll leave that to the lawyers. I think our legal team is perfectly capable of handling it," Zhao responded before attempting to pivot away to FTX's well-documented spending habits. Not a supporter of CZ or Binance or anything, but I think that's the perfect way of answer. Legal teams are for exact reasons. You don't want CEO to baffle some sentences which are incorrect, as it can be a fuck up for Binance. We saw what happens when CEO like SBF opens his mouth to speak anything that comes in his mouth.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:44:46
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0cak32/

I saw this, and thought it was capo. But, he doesn't have this many followers, I guess. He has been calling BNB to $40 in his recent tweet.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:40:34
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0ca5pv/

after covid-19 and all, I read it like >I just got 14 bats in my mouth, and I was like WTF?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:38:03
/r/CryptoCurrency/comments/zmpfjn/binance_delists_mith_as_project_demands_200k_bnb/j0c9ov4/

A project from 2018, who don't have any functioning webpage and hadn't tweeted from past 2 years, suddenly woke up, and started demanding their funds back, IN BNB. In FUCKING BNB.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:35:04
/r/CryptoCurrency/comments/zmp8zo/shaq_distances_himself_from_crypto_and_ftx/j0c960s/

>Shaquille O’Neal wants to make one thing clear: He doesn’t believe in crypto, if he ever did. He was just there to make money like most of influencers.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 11:31:39
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0bvny4/

I will also start this weekend. Was waiting for some dump to buy some more crypto before shopping for holidays. But guess what, crypto shopping can wait. Concentrating on holiday shopping now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 10:02:31
/r/CryptoCurrency/comments/zmllib/mithril_demands_53_million_bnb_refund_from/j0bvg0v/

Also, they don't have a functioning webpage, and no tweets from past 2 years. Doesn't help their case too, right?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 10:00:56
/r/CryptoCurrency/comments/zmlerg/dyor_framework_a_guide_on_how_to_research_and/j0buzj1/

Agreed. It just gives a better probability rather than waking up and chossing random. You need a starting point, and this provides one. Nothing else. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:57:42
/r/CryptoCurrency/comments/zmllib/mithril_demands_53_million_bnb_refund_from/j0busfy/

Deposit in BNB doesn't mean withdrawal will also be in BNB. General clauses AFAIK are written in stables. Also, it wasn't a normal customer deposit. If it is the case, they don't need to ask from Binance, right? They can withdraw whenever they want, like other people. They gave it to Binance as some kind of gift, maybe? or for providing liquidity.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:56:20
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0bu6i8/

Maybe an internal bug. Instead of $42mn, it is showing $25bn marketcap.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:52:02
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0btn6d/

0.8 more likely. Even 0.85 won't be too far.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:48:13
/r/CryptoCurrency/comments/zmm19q/cryptoquant_onchain_data_shows_crypto_exchange/j0bt7x4/

Binance has $60bn in cold wallets. 60 fucking billion dollars, people.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:45:15
/r/CryptoCurrency/comments/zmmgi7/ftx_hid_alamedas_8_billion_in_liabilities_using/j0bso5x/

Imagine telling someone you lost your life-savings because a fat hairy vegan and his adderall taking girlfriend used weird korean account to gamble your funds.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:41:19
/r/CryptoCurrency/comments/zmlerg/dyor_framework_a_guide_on_how_to_research_and/j0bsbuu/

The thing is, the person, after becoming a leader (by any method) should not actively try to decide the path of the project. V.Buterin now doesn't involve himself much in the decision making of Ethereum, while C. Hopkinson is ADA and ADA is him. That should be avoided at all costs.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:38:50
/r/CryptoCurrency/comments/zmlerg/dyor_framework_a_guide_on_how_to_research_and/j0bru5e/

Instructions unclear. Bought BitTitCoin.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:35:20
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0brf0c/

Ummm.... a small bag of mining stocks. The thing is, it correlates heavily with BTC bull market, but it's kind of SEC regulated. So, doesn't harm if you keep a small bag.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:32:14
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0br7vh/

Their founder sold his bag worth $3.3bn. Classic rugpull. Centralised shit. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:30:45
/r/CryptoCurrency/comments/zmm23h/coinbase_now_helps_recover_unsupported_erc20/j0bqp4b/

Great move, CB. This should be done by lot of exchanges. For people thinking how they are able to do it,They are able to do it as they don't individually do your transaction on-chain. They do it batch-wise, which happens either daily or every 5 hours.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:26:53
/r/CryptoCurrency/comments/zmm2hm/web3_domain_provider_unstoppable_domains_to/j0bq7mm/

>The integration will make it easier to trace domain addresses on the two blockchain explorers. No thank you. I will pass.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:23:19
/r/CryptoCurrency/comments/zmlvet/opera_launches_security_tools_to_protect_users/j0bpzqh/

around 3% of the people uses Opera compared to 66% of Chrome. It's a shame honestly.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:21:42
/r/CryptoCurrency/comments/zmlerg/dyor_framework_a_guide_on_how_to_research_and/j0bpqtl/

Ser, it may not look like it, but I love my money.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:19:51
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0bpm97/

It doesn't honestly takes a lot to take your crypto off exchanges as people claim. I had $3000 on Binance for trading and buying some coins. I just sent it back to Trust wallet, and it costed me $3. It's 0.1%

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:18:54
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0bpb47/

There is another way to put it. Flip it and put in another hole. Ohh sorry I got distracted. Not your Keys, Not your Cheese.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:16:34
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0bp4b1/

Same. Having second thoughts on buying $AAPL but confidently buying BigDickInu and ElonCumsRocket explains my empty wallets despite having a well-paying job perfectly.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:15:11
/r/CryptoCurrency/comments/zmlu61/hong_kong_crypto_futures_etfs_raise_over_70m/j0boqxg/

Allowing futures, but not the spot due to their political propaganda (in US specific) tells a lot about how much Government hates crypto.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:12:20
/r/CryptoCurrency/comments/zmlvet/opera_launches_security_tools_to_protect_users/j0bof29/

>The built-in security tools would also check for any seed phrase phishing attacks by scanning web pages for telltale signs of exploit, such as common phishing keywords and properties, without compromising users’ privacy or personal data. This is a great step by Opera, considering the fact that most of common crypto hacks occur through phishing attacks for seed-phrase.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:09:46
/r/CryptoCurrency/comments/zmllib/mithril_demands_53_million_bnb_refund_from/j0bnwui/

>The project stated that it paid a 200,000 BNB deposit to Binance as part of the initial listing in November 2018. “Given that Binance has unilaterally decided to end this partnership, we respectfully ask to have our 200,000 BNB deposit returned,” the project tweeted. At the time of listing in 2018, the BNB deposit would have been worth about $1 million. LMAO. 53x in 4 years. Mithril is taking some drugs to ask for amount in BNB, and not in USDT or BUSD.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:05:57
/r/CryptoCurrency/comments/zmldfk/microsoft_bans_cryptocurrency_mining_on_cloud/j0bngfj/

Ohh that I understood. My question was, Who TF uses MICROSOFT for cloud mining? I don't think it holds any significant percentage. AWS is way better IMO.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 09:02:31
/r/CryptoCurrency/comments/zmlikl/how_does_a_blockchain_application_get_updated/j0bmxzq/

Ohh this is an important question, and I think a lot of people don't understand this. There is a difference between something which is decentralized and something which is open-sourced. Website runs on servers. It can be hosted on any number of servers. The website is open-sourced. For eg: Even though Linux is ope-sourced, it has a self-hosted website ran by normal people like you and me. Same with crypto. As far as there is one server, the website will keep running. Again, website and blockchain are different. Blockchain isn't on any website. IT IS ON EVERY COMPUTER (okay, full node only) THAT STAKES (PoS) OR MINE (PoW) that coin. &#x200B; So, Blockchain /= Website. Website is just an UX to look into blockchain.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 08:58:31
/r/CryptoCurrency/comments/zmldfk/microsoft_bans_cryptocurrency_mining_on_cloud/j0bm3pm/

Who the fuck even uses Microsoft cloud servers to Mine BTC?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 08:52:02
/r/CryptoCurrency/comments/zml0en/any_non_kyc_crypto_cards/j0blxy9/

I think you can try non-KYC'd P2P off-ramping? MEXC international does that. I do it that way, and I think that is a good option.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 08:50:45
/r/CryptoCurrency/comments/zmled9/first_mover_americas_crypto_moneylaundering_bill/j0blopb/

>If it becomes law, the Digital Asset Anti-Money Laundering Act would bring know-your-customer rules to crypto participants such as wallet providers and miners and prohibit financial institutions from transacting with digital-asset mixers, which are tools designed to obscure the origin of funds. I would like to know how they are going to KYC my BTC wallet. Hey Elizabeth, try to KYC my electrum wallet.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 08:48:41
/r/CryptoCurrency/comments/zmi2z2/one_altcoin_is_significantly_outperforming/j0bf5pk/

They change the protocol completely after that? It's like comparing LUNA and LUNC, and saying that LUNA went to $120 ATH

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 07:52:01
/r/CryptoCurrency/comments/zmi2z2/one_altcoin_is_significantly_outperforming/j0bdrgc/

CMC is showing 57 as ATH. Can you send me an Imgur link to the screenshot with GMX as 217? 100 moons if you can

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 07:38:34
/r/CryptoCurrency/comments/zmi2z2/one_altcoin_is_significantly_outperforming/j0b6pv5/

When the fuck did GMX reached $217? It maybe in your timeline, ser, but in the current timeline GMX went around $57 ATH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 06:21:17
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b507d/

I mean, money is money, right? You anyway got it for free, and selling for quick bucks is not a bad idea TBH. I am not selling mine as I am not in dire need, nut I can understand why people would sell some.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:59:05
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b4vcz/

I bought some yesterday, as Binance is holding up real well. Seems like a good r/R to me. DYOR.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:57:13
/r/CryptoCurrency/comments/zmi0a1/the_antishill_post_for_cosmos_why_the_project/j0b4p2y/

[Here, this may help](https://medium.com/@nick.5montana/blockchain-layers-l0-l1-l2-l3-in-a-diagram-569162398db)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:54:50
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b4h1w/

add some salt on it for taste. I have tried it and it significantly improved its taste

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:51:56
/r/CryptoCurrency/comments/zmi0a1/the_antishill_post_for_cosmos_why_the_project/j0b492d/

I actually am critical of COSMOS in general, but considering that it is an L0 blockchain, some of the traditional metrics doesn't apply to it.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:48:58
/r/CryptoCurrency/comments/zmi2z2/one_altcoin_is_significantly_outperforming/j0b3s1u/

Shilling an Alt when it is near it's ATH. Ahhhh, the bull market vibes are coming back. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:42:28
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b3g62/

J.Pow was in no mood for a Christmas rally TBH

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:37:56
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b3ei5/

FOMO: Fear Of Moving Out (of your parents house during a bear market).

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:37:18
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b31wz/

Instructions unclear. Dick stuck in a pipe.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:32:17
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b3079/

SEC vs Ripple isn't getting settled soon IMO

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:31:36
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b2vvq/

So, we start believing from today, and bull run comes tomorrow?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:29:52
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b2ugk/

01111001 01101111 01110101 00100000 01100011 01100001 01101110 00100111 01110100 00101110 00100000 01000010 01101111 01110100 01110011 00100000 01110010 01110101 01101100 01100101 00100000 01110100 01101000 01101001 01110011 00100000 01110011 01110101 01100010 00100000 01101110 01101111 01110111 00101110

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:29:21
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b2ppf/

Opened Reddit after 4 days, and was greeted with a collectible. You will get next time, mate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:27:31
/r/CryptoCurrency/comments/zmhith/binance_ceo_cz_declares_defi_as_end_game_during/j0b2lke/

If we are talking from Marvel point of view, End games is far away. Crypto is more like in Age of Ultron

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:25:56
/r/CryptoCurrency/comments/zmh8a2/sbf_thinks_cutting_his_workday_from_18_hours_to/j0b24v1/

I think cutting his adderall dose would be a great idea.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:19:25
/r/CryptoCurrency/comments/zmhiuu/onlyfans_model_who_defrauded_nft_buyers_abuses/j0b21eo/

OnlyFans model rugging people with her NFTs. Why are we even surprised? What did you all even expect?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:18:06
/r/CryptoCurrency/comments/zmhnb8/you_all_are_not_that_irresponsible_are_you/j0b1vze/

> "99% of people who self-custody their cryptocurrency will end up losing it." CZ pulling numbers out of his ass.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:15:55
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b1s8t/

BTW, hello to all of you 12 people (+ bots) here.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:14:27
/r/CryptoCurrency/comments/zm6fit/daily_general_discussion_december_15_2022_gmt0/j0b1r4a/

I was out for 4 days on a vacation and boy, oh boy, A lot of things happened. 1. SBF jailed by Bahamas authorities. 2. Binance FUD 3. FOMC and CPI data But, we are still crabbing around 16.5-17.5

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 15, 2022 05:14:00
/r/CryptoCurrency/comments/zhylu5/cbdcs_are_coming_and_canada_may_be_next/izolpoo/

The worst thing is, Government trying to project CBDCs as some form of cryptocurrency to the general public. They are literally saying people that this is the safe, regulated alternative to crypto. Gullible people comes in the trap often thinking they are investing in crypto by buying and using CBDC

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:54:15
/r/CryptoCurrency/comments/zhd42p/daily_general_discussion_december_10_2022_gmt0/izokzdk/

Next week FOMC and CPI release may bring some volatility. Now, will the bears sleep or bulls depends on J.Pow

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:49:28
/r/CryptoCurrency/comments/zhd42p/daily_general_discussion_december_10_2022_gmt0/izokqie/

I was out whole day, and BTC didn't move. I think the issue is a bit different than what we are expecting.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:47:55
/r/CryptoCurrency/comments/zhd42p/daily_general_discussion_december_10_2022_gmt0/izokioa/

I don't think so. $10k-30k is the range I am expecting for the entire year. 2023 is gonna be boring with time based capitulation happening over the entire year.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:46:34
/r/CryptoCurrency/comments/zhd42p/daily_general_discussion_december_10_2022_gmt0/izokct0/

If people in this sub are talking about it's collapse, the company is already fine and good to go.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:45:29
/r/CryptoCurrency/comments/zhwu69/moons_outlook_and_calendar_for_2023/izok2vy/

Great work mate. Moonvember it will be. TBH, moon's inflation rate is too much.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:43:40
/r/CryptoCurrency/comments/zhxm6v/talks_of_issuing_a_new_ftt_token_fuel_coins_price/izojvrb/

That's the perfect plan TBH. 1. Get a new coin named FTT2 2. Release the new coins, and pay creditors back in these coins. 3. FTX is solvent again.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:42:20
/r/CryptoCurrency/comments/zhxxob/22000_cryptos_how_many_do_we_actually_need/izojpp9/

Somewhere around 3-4. One hard money (BTC), one blockchain with smart-contract ability (ETH mostly or other, idc). One interoperability blockchain to make ETH and BTC both useful in other's blockchain. One or two L2s on ETH. I don't think we need any other crypto to be honest.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:41:11
/r/CryptoCurrency/comments/zhy4py/ark_invests_cathie_wood_predicts_ftx_implosion/izoja4d/

>“I think what we’re learning because of FTX is how much more important fully transparent decentralized networks will be to financial services going forward. FTX, Celsius, 3AC were all closed networks. Opaque systems. You couldn’t see what was going on.” TBH, that was what crypto stands for, actually? All these VCs and centralised stuff came later into the crypto ecosystem

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:38:14
/r/CryptoCurrency/comments/zhy5rm/nimble_a_decentralized_insurance_platform_is_live/izoiybf/

Crypto insurance will be a big thing next bull run IMO. A lot of development taking place in this area.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:36:05
/r/CryptoCurrency/comments/zhxqjq/ftx_reportedly_gets_3_more_months_to_stop_all/izoirtf/

>According to the announcement, the Kanto Local Finance Bureau has ordered the extension of the deadline because FTX Japan has so far failed to return assets from custody to creditors. I don;'t think they are going to get ever.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:34:55
/r/CryptoCurrency/comments/zhwcgy/serious_what_exchange_is_low_profile_but_one_you/izofpgt/

If you are using exchange only for trading (which is the best way to use an exchange), then I will be going with Kraken, MEXC (no KYC) and my country has this good exxhange CoinDCX.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 10, 2022 12:14:33
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi4pcz/

Ohh yes. FOMC and CPI data release. All on two consecutive days. We are going to get at least some volatility.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 02:18:35
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi4n89/

or maybe visit reddit more often, and create a record or something.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 02:17:49
/r/CryptoCurrency/comments/zgprlo/inside_the_frantic_texts_exchanged_by_crypto/izi4jh9/

>Their frantic communications offer a glimpse into how business is conducted behind the scenes in the industry, with at least three top officials from rival companies exchanging messages in a group on the encrypted messaging app Signal. When our future is decided by group chats on some random app. Absolute shitshow.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 02:16:25
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi478n/

They tried to make themselves rich, and I would say they succeeded.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 02:11:57
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi3gab/

ummmm... WE have inflation data upcoming. How about $18.1k?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 02:02:12
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi2c4o/

ummmmmm.... We will crab hard in the range of $15-18k.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:48:23
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi28za/

Dead. We are already dead, ser. We are crabbing and dead. It's boring as hell.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:47:19
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi21q0/

It went up, right? I am seeing the pump from $0.1-$4 pump. It was a classic pump and dump.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:44:50
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi1jlq/

People having top karma in WSB received that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:38:48
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi1fj7/

We have on-chain evidence of this. Alameda HAD SHORTED LUNA. No doubt. But, it was when the LUNA started collapsing. I mean, every sensible trader is going to do that, right?And, even if Alameda did short UST or LUNA before it's collapse, looking at their fundamentals, hwo is this a bad thing?For what we know, GCR himself told that he is going to short LUNA with size and also bet with Do Kwon as he thought that LUNA's APR on Anchor was unsustainable.This is basically an attempt by Do Kwon to free himself from the collapse, and fuck SBF.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:37:25
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izi0usl/

Ahaaaaaannnn... That's the way. We need to add decade too, I guess.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:30:37
/r/CryptoCurrency/comments/zgn3bm/the_stablecoins_war_has_begun_usdc_is_offering_to/izi0jha/

USDT may have done some shady shit in the past, but the way they held up during LUNA and recent contagions, they have moved past it. Tether fortunately survived their shady doings.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:26:52
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhz5vd/

Still, LUNA (LUNC) chart is worst, right? From $100 to $0.00001 doesn't sound good.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:10:56
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhyr92/

Yes. They would have mentioned in their details about what to fill in the proof of claim document. [https://celsiusnetwork.medium.com/claims-process-faq-12a3d01c48d8](https://celsiusnetwork.medium.com/claims-process-faq-12a3d01c48d8) Here. Go through it once.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 01:06:19
/r/CryptoCurrency/comments/zgn3bm/the_stablecoins_war_has_begun_usdc_is_offering_to/izhy2w4/

Tethers collateral has include(d) commercial paper alongside t bills. Even if the stablecoin issued keeps reserves in 100% t bills/bonds they still can experience rapid (relative) price changes. >Just last year 1 month bills traded near 0%, today they are at 4%. If USDC had longer dated bills and a redemption rush occurred greater than the cash they had on hand it could lead to operational losses or loss in confidence, especially if rates went back to near zero or even negative. They would have to borrow cash at cost or pause redemptions until the bills matured.Knowing exactly what the makeup is gives large players the exact attack vectors to either diminish collateral value, cause a redemption freeze due to lack of liquidity or another black swan event in treasuries which leads to panic on the stablecoin. Even just knowing how much cash they have on hand can cause trouble, even if all the collateral is pristine.Again, theres just zero upside, people use the stablecoins anyway and they are incentivized to keep little cash on hand to earn more. They also are incentivized to diversify their collateral holdings due to various market risk and potential for more profit. Revealing the exact breakdown is just opening yourself up for attack or panic if something unexpected happens in their chosen collateral.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 00:58:51
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhsn0c/

Ohh yes yes, I understand. I was talking about the miners who rent. Sorry for the confusion.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 00:03:23
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhsfaj/

2 algos is $0.45. Two packs of ramen. Can last a day if used conservatively.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 9, 2022 00:01:20
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhs9ey/

At least it's weekend, and next week, we are going to get some volatility.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:59:47
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhs6xf/

Miners have to shift somewhere, right? BTC is getting unprofitable, due to which they will shift to doge. There will be an equilibrium soon. Free markets always finds an equilibrium.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:59:08
/r/CryptoCurrency/comments/zgn3bm/the_stablecoins_war_has_begun_usdc_is_offering_to/izhrzty/

Literally no stablecoin does because if they precisely expose their collateral it is dangerous for the stability of the system. That info can be used against the stablecoin by large players to artificially depress collateral value and cause a run on the stablecoin. UST 2.0

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:57:15
/r/CryptoCurrency/comments/zgnb05/ftx_founder_sam_bankmanfried_misses_deadline_to/izhrwig/

I am pretty sure he is just worsening the outcome for himself. He literally has no idea what to tell the judge, and with J.Ray against him, he knows he will be shattered to pieces.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:56:22
/r/CryptoCurrency/comments/zgn3bm/the_stablecoins_war_has_begun_usdc_is_offering_to/izhrc92/

The very fact that none of them has shown any details regarding the holdings, makes USDC no more safer than USDT. They just tell everyonw that USDC is more secure, but they have shown exact same documents (attestations) like Tether.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:51:08
/r/CryptoCurrency/comments/zglql0/leading_cardano_dex_suffers_frontrunning_attack/izhqsy4/

I was always wary of their DeX doing transaction batching ofline. I mean, then it is called a CeX, right?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:46:12
/r/CryptoCurrency/comments/zgkh55/cryptocurrency_broker_digital_surge_goes_into/izhqk00/

It's like domino. Shows how interconnected the entire system is.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:43:56
/r/CryptoCurrency/comments/zgmutd/binance_ceo_cz_takes_on_renowned_skeptic_paul/izhq4sf/

>“Our rap has always been that we can't see what problem crypto is solving, what it really is doing that we aren't already doing, or how it can—to the extent there is a problem—solve it better than other more conventional methods," Krugman said. Ummmmm.... No middleman while doing transactions, cross-border instant transactions, no corruption, less fees, no holidays similar to bank, a better store of value, a better form of money, automated systems of payment and other things (smart contracts), ability to take control of my own money, Less inflation. Just to name a few.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:40:04
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhpgdt/

are they asking money, or giving back? On a serious note, courts have told celcius to pay back 100% to all the customers who had less than 250 in their custodial account (not their earn program)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:33:53
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhp5k8/

No. I don't think daily is non-existent.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:31:13
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhp3jm/

Yes. Kalium is the latin name of potassium, and natrium of sodium.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:30:44
/r/CryptoCurrency/comments/zggkk0/daily_general_discussion_december_9_2022_gmt0/izhos12/

Hello and good morning to all 7 people (+bots ) here. Are we still crabbing today?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 23:27:59
/r/wallstreetbets/comments/zglenz/down_45k_dog_just_died_and_my_fiancee_left_me/izhokbx/

Ohh come on, man. Cheer up. You still have $620. You are richer than most of us.

Commented by /u/yourmom_fat_as_hippo in /r/wallstreetbets on December 8, 2022 23:26:10
/r/CryptoCurrency/comments/zg4ecw/now_you_can_slap_sbf_with_a_cucumber/izfg6v6/

Don't know why but it gives me such a pleasure.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 13:45:03
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izf9vgd/

r/Fitness has that. A lot of sub have that I guess

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 13:04:09
/r/CryptoCurrency/comments/zg5g5t/crypto_layoffs_and_cex_safety/izf9eab/

I am okay with CeX taking a decision to layoff employees. They can at least recruit them later in the bull run. If they don't, there are good chances that the exchange won't survive to recruit later.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 13:00:58
/r/CryptoCurrency/comments/zg5ku5/200k_btc_34b_flowed_out_of_exchanges_in_november/izf94po/

That's the reason CZ has been doing two things recently: 1. investing in DeX, their own blockchain, hardware wallet firms etc. as they know that CeX dominance will decrease a lot in the future. 2. Trying to get customer's confidence back in Binance by deploying emergency funds, PoR shit etc.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 12:59:15
/r/CryptoCurrency/comments/zg5ozu/top_european_official_resurrects_calls_to_ban/izf8oov/

>Attacking the core structure of blockchain technology, Panetta said that "trustlessness" — allowing two unknown parties to do business without a financial middleman ensuring the transaction will go through as intended — can't "be replaced by religious faith in an algorithm. It requires transparency, regulatory safeguards and scrutiny." Literally, the words you use when you don't want to lose control over your money. Algorithms are unbiased, fair, un-controlling and honest unlike the corrupt controlling middleman.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 12:56:23
/r/CryptoCurrency/comments/zg5wor/major_grayscale_digital_currency_funds_are/izf8a1q/

>At the time of publication, the average discount to NAV shared by funds in the group stands at 50%. This is close to the discount value of the Grayscale Bitcoin Trust (GBTC), the largest holding with $10.6 billion in digital assets under management but only $5.59 billion in shares' net liquidation value. Meanwhile, the Grayscale Ethereum Trust, which holds $3.75 billion in Ether (ETH), is also trading at a discount of 50%. If someone buys it here, it is either going to be his best or worst life decision. Cathie wood is already buying it. GBTC will either peg to BTC during the bull run, or it will go to zero if it can't survive the bear. There is no in between. So, you are either going to get 2x profits (of what you were going to get on BTC) or you are going to get rekt. Boy, both risk and reward is literally mind-fucking.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 12:53:45
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izf28qo/

Yes. It's more expensive than the nano X or nano S plus.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 12:15:18
/r/CryptoCurrency/comments/zg3w7y/serious_why_arent_paid_spokepersons_like_kevin/izf257m/

The problem is, audience of Bitboy or any other crypto influencers, is 90% newbies. They recently learned about how BTC is moving up and people making money (in the bull), so they come on YouTube and first video they see when you type a name of coin is mostly Bitboy or other influencer, which tells them that a coin will be 10-100x in just a month or so. That's how the people gets trapped.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 12:14:44
/r/CryptoCurrency/comments/zg3w7y/serious_why_arent_paid_spokepersons_like_kevin/izf24rj/

The problem is, audience of Bitboy or any other crypto influencers, is 90% newbies. They recently learned about how BTC is moving up and people making money (in the bull), so they come on YouTube and first video they see when you type a name of coin is mostly Bitboy or other influencer, which tells them that a coin will be 10-100x in just a month or so. That's how the people gets trapped.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 12:14:39
/r/CryptoCurrency/comments/zg3w7y/serious_why_arent_paid_spokepersons_like_kevin/izf1bmv/

>so not technically illegal but a real dick move. See, that's the issue with current laws. Even if you are the biggest dick, but if you are on the legal side, court can't do anything. Also, again this is purely my opinion, Courts want people to fear crypto. That's the reason if you do anything wrong in the crypto market, you are mostly forgiven. That gives a normal investor an impression that crypto is a scammy place where only degen gamblers and criminals resides. Government don't want to change the perspective of crypto among normal investor. They want crypto to be full of scams, as it will keep majority of investors away from the crypto ecosystem. &#x200B; >Companies obviously take advantage of these gullible investors and use paid celebrities to promote their products. And that happens all the time, not only in the crypto ecosystem, but in the entire world. Fairness and beauty products pries on people's insecurities, health and dieting products pries on fat people. We see that all the time, and still court won't interfere because it is morally wrong, but legally, within the limits.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 12:09:33
/r/CryptoCurrency/comments/zg4j5y/bear_markets_are_for_builders/izf072y/

People should really look into some of the projects which deploy smart-contracts or protocols during bear markets. There is no euphoria now, everything is silent. You have your own time. They say bear market is for builder for many reasons. The first and foremost being, there is no hype. No one cares. So, you deploy a project after testing it properly. Bull is hype, so even unfinished products are deployed due to the hype. Second, the ones deploying in bear are the projects which are really working hard, and understands the value of money. They don't have much VC backup, and hence, the team is self reliant and motivated. Bear market gas fees on ethereum is extremely low. Smart contract gets deployed in 5-10% of fees as compared to during bull phase. These are the projects which are really god. Bear is the time to learn. Doesn't matter you are here for money or tech, or both. Bear gives you the best opportunity to learn and grow. Good luck to all of you. Stay strong. This winter will pass too

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 12:02:12
/r/CryptoCurrency/comments/zg3w7y/serious_why_arent_paid_spokepersons_like_kevin/izez3sw/

>"This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors," SEC Chair Gary Gensler said in a statement at the time. "We encourage investors to consider an investment’s potential risks and opportunities in light of their own financial goals." Exactly, they basically told that investors should do their own research. If someone gets rug-pulled now, SEC and court will simply say, well you knew crypto were a risky market and still you invested. So, now it's your fault. This case is going to be the deciding factor in so many cases now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 11:55:12
/r/CryptoCurrency/comments/zg3w7y/serious_why_arent_paid_spokepersons_like_kevin/izeyijq/

SBF can be considered legally wrong IF he gambled with the customer's funds. That's a clear violation of ToS of FTX. And, Bitboy yesterday told the same thing. He told that he did got paid to promote, but we don't have any proofs that he knew beforehand that they were scam projects. FWIW, He rode some coins to zero too, even if it was just for showing. But, he can argue that if he knew it was a scam, he would have not rode it to zero. So, when he came out yesterday in this sub, He wrote everything after careful examination. He told about things he did which were morally wrong, but he didn't say a single thing which would put him in the illegal boundary. I am pretty sure that he must have written that post after getting it cleared from his lawyers.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 11:51:22
/r/CryptoCurrency/comments/zg3w7y/serious_why_arent_paid_spokepersons_like_kevin/izex21r/

There are two things here. We recently saw in the Kim Kardashian case too. (she was set free by court) According to court, it is investor's responsibility in the coins they invest. Court is basically saying which we have been telling forever and it's logical. DYOR and Don't take financial advice from the internet guys. There is literally zero proof that Bitboy or Kevin indulged in the scam project knowing beforehand that they were scams. Even ZachXBT hasn't been able to prove that. Paid promotions have to be mentioned in the video or tweet, but that's a youtube and Twitter policy, and not a law. So, in short, what bitboy and these people are doing can be considered morally wrong but not legally wrong. Court can't do anything in morally wrong case. Also, if the market is unregulated, it is investor's decision to invest. You can't expect regulators to regulate the unregulated markets. Hnece, things like Pump and Dump also comes under the shady grey area, and not completely illegal, unlike stock-markets. TL;DR As we are dealing in the unregulated markets, People like Bitboy and Kevin will always be there.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 11:41:56
/r/CryptoCurrency/comments/zg2oi0/newlyweds_lose_funds_in_ftx_exchange_a_day_after/izevmac/

It may be the first time in history that a couple maybe getting divorced due to sex orgy, without either of them being a part of any sex orgy.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 11:32:35
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/ize5n3x/

Godspeed. Time (and even money) flies when you are in crypto.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 08:22:36
/r/CryptoCurrency/comments/zfy94e/bankruptcy_judge_orders_celsius_to_return_44m_in/ize530x/

I don't think court will tell them to pay customers if they don't have the money. I mean, if that's the case, court can simply tell them to pay all the customers, right? They have funds and they are prioritising that funds.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 08:17:29
/r/CryptoCurrency/comments/zfwog0/if_the_institutions_lost_money_and_retail_also/ize4xvi/

No. That's the actual value in fiat. If a Tesla share is $100 and total shares are 1000, value of Tesla is $100k. That's what it is. Realised value and average value is what someone thinks it's actual value should be. Similarly, crypto marketcap was $3 trillion. Actual fiat money if $3 trillion went inside the crypto market. Now, you can decide whatever value you think the market is worth, but it doesn't change the Market cap.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 08:16:10
/r/CryptoCurrency/comments/zfwog0/if_the_institutions_lost_money_and_retail_also/ize4m4z/

That's what you assume right? When you say they are less than $100bn, your claim is also backed by "trust me bro"? or you have found something to back your claim?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 08:13:08
/r/CryptoCurrency/comments/zfy94e/bankruptcy_judge_orders_celsius_to_return_44m_in/ize3rux/

>There were just 15,680 customers, however, who held around $43.87 million in what’s known as “Pure Custody” the entire time. It is this latter group that will see 100% funds returned, as per the bankruptcy court judge. Okay, now this is an extremely good news. Congratulations to all of you getting your money back.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 08:05:01
/r/CryptoCurrency/comments/zfxyvo/kim_kardashian_floyd_mayweather_ethereummax/ize3i4x/

>investors should be expected "to act reasonably before basing their bets on the zeitgeist of the moment." While shillers can just shill their coins without any conseuences and responsibilities. What an absolute shit show.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 08:02:21
/r/CryptoCurrency/comments/zfxyys/joe_rorgan_podcast_discussing_ftx_so_stupid_it/ize382s/

Joe rogan is a straightforward man. A jerk no doubt, but he don't say things he don't mean to.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 07:59:38
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/ize2zty/

Haha great. I was just joking. Have a nice day ser.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 07:57:23
/r/CryptoCurrency/comments/zfwog0/if_the_institutions_lost_money_and_retail_also/izdyc87/

Back to Fiat. The crypto went to $3 trillion during the bull. Money came from Fiat, and it is going back to fiat.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 07:08:13
/r/CryptoCurrency/comments/zfwvp7/binance_ceo_cz_confirms_exchange_has_no/izdxzpf/

Binance trying everything to not lose their customers. Instead of all this indirect methods, if you are so confident, why don't give us a traditional balance sheet? How and why is that difficult?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 07:04:13
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdxohr/

Ohhh..then it's fine FWIW. You shouted back or not? You did show him who's the alpha male by banging chest and shouting louder. Right ser?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 07:00:36
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdxj4l/

$3 is about 10-12 ramen packs. It can last 3-4 days if used conservatively.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:58:52
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdx87k/

My prediction is same, But I am holding BigDickInu and ElonCumsRocket. So, SEC will announce that they are the only true cryptos and commodity. All others are basically shitcoin. I will be rich /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:55:15
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdx3jf/

My prediction is same, but I am holding BigDick

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:53:42
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdwu9o/

small improvements matters, ser. Can you inform us low-borns next time before you buy?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:50:39
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdwgqy/

Haha yes. I guess we are the only ones left. We and the bots. It's good in the sense that atleast moon ratio will be higher. We are crabbing now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:46:04
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdwd5x/

Degen gambling knows no limits. Initially, it was a stablecoin, now it is a shitcoin.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:44:50
/r/CryptoCurrency/comments/zfw9ik/what_was_the_sentiment_back_during_the_end_of_the/izdvzau/

It won't have any starting to be honest. You are crabbing in a range for months, sometimes a relief rally of 20-30% in between. Then comes the rally of 20%, and most of them are like, ohh just another of the rally we have been seeing. But then you see market bouncing. It's 40% up now and next day, it goes down by 10-15%. You are certain that it was a dead cat bounce. And, like this, bull starts. No one knows. Just a week comes when BTC goes up by like 40-50%. Huge green dildos. That's why it is expected that you DCA rather than time the market.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:40:01
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdv15c/

Ohh okay. Nevermind. We need to mine FIAT. That's the only way to survive in this >!fucking!< inflation and upcoming recession.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:27:55
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdut7c/

Nope. That depends on the seller. They can add a filter that they would sell only to persons with a KYC, but that's not a requirement.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:25:06
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdupne/

We have mini-vacation in my firm from 12th december. It's already Christmas, mate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:23:53
/r/CryptoCurrency/comments/zfw1a1/what_happened_to_cryptoland/izdujd4/

>without worrying about regular banks getting involved and taking profits. We were worrying about the banks taking our profits, but rather crypto bros like DO Kwon, SBF, Alex Machinsky, Caroline, Trabucco etc came and took our profits.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:21:40
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdu96z/

Go to the >!Fucking!< gym. rain, wind, storm doesn't matter. Move your ass and go to the gym.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:17:59
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdu74h/

It's a boring week TBH. Looking forward to holidays from next week.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:17:12
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdu3qw/

It's because of depegging news of USDN maybe?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:15:58
/r/CryptoCurrency/comments/zfvtrd/coinbase_revenue_will_be_half_or_less_of_last/izdtq2d/

It's expected. It's good that he is atleast acknowledging that fact rather than simple" All is well" statements.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:10:49
/r/CryptoCurrency/comments/zfvhjq/firm_belief_in_crypto_is_our_biggest_advantage/izdtjc1/

This is going to be a real eye-opener for a lot of you, and it will be downvoted to hell. But, here is ther truth. A lot of people are here, because they believe that the prices are going to go up of their coins. The coins which they are holding. They don't care about crypto, nor other coins. They have invested a lot of money in crypto, and are down bad. They can't take out the money due to the sheer amountof loss, and hence, they HAVE TO ride the next wave for getting profits. There is nothing wrong in admitting that. Everyone in any kin d of markets does the same thing, but to sugarcoat it saying WE ARE HERE FOR OUR BELIEF IN CRYPTO is like hopium and copium. People in 2012-13 can be said to to have firm belief in BTC, as they rode their way back down to 95% without selling. Also, the most important factor is, you know bull market is going to come sooner or later, and you will be in profits. They didn't. None of them had any idea whether they are going to see the next bull or not. It's easy to say the truth rather than remaining in hopium and copium. It will be good for your overall financial health and decisions.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:08:21
/r/CryptoCurrency/comments/zfvnj4/sbf_could_have_reportedly_been_involved_in_terras/izdt325/

Clown to clown communication. &#x200B; We have on-chain evidence of this. Alameda HAD SHORTED LUNA. No doubt. But, it was when the LUNA started collapsing. I mean, every sensible trader is going to do that, right? And, even if Alameda did short UST or LUNA before it's collapse, looking at their fundamentals, hwo is this a bad thing? For what we know, GCR himself told that he is going to short LUNA with size and also bet with Do Kwon as he thought that LUNA's APR on Anchor was unsustainable. This is basically an attempt by Do Kwon to free himself from the collapse, and fuck SBF.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 06:02:12
/r/CryptoCurrency/comments/zfsmtf/digital_surge_develops_rescue_plan/izdrwaj/

I understand your point. I was comparing it with FTX in which none of the customers are getting anything. <$250 will be fully paid, that simply means that you will be paid too, just not in the full amount.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 05:45:45
/r/CryptoCurrency/comments/zfuedf/metamasks_latest_privacy_update_what_can_you_do/izdncli/

If you think, every dAPP, wallet and exchange collect your IP address. Metamask tried to be more transparent but got fucked in the FUD.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 04:41:00
/r/CryptoCurrency/comments/zftayg/binance_us_eliminates_trading_fees_for_ethereum/izdn0dd/

Ohh CB is not available in my country. So, I am stuck with Binance and kraken

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 04:36:18
/r/CryptoCurrency/comments/zftayg/binance_us_eliminates_trading_fees_for_ethereum/izdmrxb/

TBH, it's kind of normal considering a CeX. I withdraw in the form of either MATIC or KLAY. It takes around a penny to withdraw.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 04:32:54
/r/CryptoCurrency/comments/zfsfi6/this_situation_wont_last_forever_how_bad_is_the/izdkehi/

I posted this in my post about USD whitepaper yesterday. I will be pasting it here. &#x200B; We will be shifting from the CPI narrative to the recession narrative in 2023 IMO. It is a general view that recession is bullish for investors and you can buy things at discount, but it is not. If we look at the history, Recession lasts long.\] Easy to say that recession is bullish when looking at a chart. Everything goes up when the recession ends. Try longing the bottom when you and your spouse have been laid off, can’t find a job, and have 1-3 months of runway before you can’t afford your mortgage payment. Recession is bullish only when you have a job security or if you have a lot of money, otherwise you are fucked.People have been asking, aren't we in the recession already? I think no. * We have record low unemployment * Wages are up * GDP is up I think that recession comes post rate hikes as growth comes to a halt. It's lagging as of now. I think most people have been too optimistic that we can fix 10 years of what the fed did in 1 without any consequences. I think time is still a price we have to pay with stagnation with a recession somewhere along the way. I also think many people here mix "capitulation" with "crypto capitulation", we haven't seen one in traditional markets and when it comes we'll get wiped too.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 03:58:04
/r/CryptoCurrency/comments/zftmr1/bank_morgan_stanley_to_cut_1600_jobs_bbc_news/izdk3so/

Crypto speculators in this sub: There is no smoke without the fire. Definitely they must be bankrupt/ insolvent.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 03:53:49
/r/CryptoCurrency/comments/zfsmtf/digital_surge_develops_rescue_plan/izdjw1m/

>customers with balances of less than $250 paid in full as a priority; Now, that's actually a great thing.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 03:50:36
/r/CryptoCurrency/comments/zft2oh/blockparty_cofounder_stole_1_million_in_bitcoin/izdjqew/

you need to steal billions and donate million to government, to get away with it.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 03:48:16
/r/CryptoCurrency/comments/zft32w/feds_investigating_ftx_founder_sbf_for_possible/izdjnex/

It was a news even back in may that they were shorting LUNA, when LUNA fell from $100 to $1. They even shorted UST, but I don't think it was a market manipulation, as They simply traded according to the circumstances.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 03:47:11
/r/CryptoCurrency/comments/zftayg/binance_us_eliminates_trading_fees_for_ethereum/izdjhxe/

BTC/BUSD and ETH/BUSD pairs were already 0 fees for spot trading for Binance international.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 03:44:58
/r/CryptoCurrency/comments/zftfzu/please_explain_to_me_how_craig_wright_claims_to/izdjewq/

Some people wants to remain in limelight. They can't live without that. Hence, they claim the personalities of persons that they are not.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 03:43:44
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdj8e7/

That's the way. That's the only way, ser.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 03:41:04
/r/CryptoCurrency/comments/zfb71i/its_bitboy_lets_talk/izddyuy/

It's an oldest and most successful way of coming out. You realised that your scams are out, and now everyone knows that you shilled coins for money. You feared that now no-one will trust you or your coins, which directly hampers your earnings. So, you say vague sorry, try to play the victim-game that you also lost money on rugpulls even though you were the one who promoted it, and try to come clean. This is the best time to come clean for you, as this is the bear market, and you can start shilling people again once the bull market is back. &#x200B; >Looking back I wish I would have done a better job. But all I can do now is pay my penance and vow to do better. I have no hopes, but I seriously pray you do. You have one of the highest number of subscribers on Youtube, and 90% of them are newbies. Don't shill them coins please. It impacts the ecosystem in extremely bad way. New investors won't return once they get scammed in their first investment. I hope you understand, man. Please do.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 02:28:04
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdd739/

P2P doesn't have any fees. MEXC just acts as an escrow in P2P. Risky? You can't say. MEXC customer support is kind of good, and proofs are always there in P2P. I mean, they hold the coins right? So, if you give them sufficient proofs like bank transfer details or transaction detail or SS that you paid, it's done. I have been able to resolve my complaints quickly 2 times. So, that works for me. But you can't say, and that's why I buy or sell in P2P in limited quantities of let's say 500-1500$, never more.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 02:17:50
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdcu9i/

I like to make profits by buying tokens on a blockchain, but I am never able to.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 02:13:04
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdcqh5/

Can you link it up? I have no idea about what happened yesterday.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 02:11:40
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdcn7f/

Ohhh boy. The phase of Euphoria. There were so many signs of market top, but we all ignored.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 02:10:28
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdca7h/

Not in MEXC global p2p. It can be bypassed

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 02:05:51
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdbvje/

It's my go-to exchange for P2P. No KYC helps me a lot. I used Binance, but I had to do KYC there. So, I stopped using Binance, and went for MEXC

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 02:00:36
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdbmtj/

Don't be nervous man. It's not like it's your first time taking something long inside your mouth and throat. JK, you will be fine. We need you for shitposting here. Good luck.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:57:29
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdbgh1/

I mean, they recently went through some extremely small hiccups, but I am sure that staking FTT on their parent exchange FTX would give us the most benefit. FTX has some extremely good use cases and technicals. /s Note: I am most definitely not an FTX employee.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:55:15
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izdbatn/

NO. Terraform labs themselves dumped UST 2 days before LUNA collapsed. On-Chain analysis shows that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:53:16
/r/CryptoCurrency/comments/zfr9vo/sam_bankmanfrieds_parents_will_not_teach_at/izda2am/

I don't think they had any other option. Imagine getting asked questions about your son by law students on a daily basis. I mean, they start to teach a law, and students starts commenting that this law can definitely apply to your son.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:37:56
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd9hwt/

No No. The crude format is great. Just the number of days. FWIW you can write in both the formats.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:31:06
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd9fjg/

My buy orders waiting at $10-15k are going to be happy if we go down.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:30:17
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd9djq/

My portfolio has halved twice this year, ser.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:29:36
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd99wn/

Do Kwon and Zhu Su too. They both came out of their cave, gave interviews after the FTX contagion. I mean, Zhu Su turned muslim and he is now going to conduct weekly podcasts about his spirituality and life experiences. This is an absolute shit show.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:28:22
/r/CryptoCurrency/comments/zfqzeq/binance_proof_of_reserves_audit_reveals/izd8hje/

I will paste my comment which I did in other similar post. &#x200B; > However, the assessment is not an official audit, according to Francine McKenna, lecturer in financial accounting at The Wharton School at the University of Pennsylvania. "They did a comparison of balances per public key address from a list they got from management. They did not compare any balances in independent banks or custodians or depositories," said McKenna. > > "This is more worthless than even the Tether or USDC report," she added. They are going in the correct direction, but not there yet. Still a step in the correct direction.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:19:04
/r/CryptoCurrency/comments/zfqpwn/kim_kardashian_relieved_as_judge_dismisses_crypto/izd7ws5/

>“But, while the law certainly places limits on those advertisers, it also expects investors to act reasonably before basing their bets on the zeitgeist of the moment.” wrote Fitzgerald, of the Central District of California > >According to the judge’s decision in U.S. District Court in Los Angeles, the plaintiffs’ claims were not sufficiently supported, particularly “given the heightened pleading standards” for fraud claims. Damn. So, basically investors have to be careful, while advertisers can shill whatever they want. Absolute shit show. Kim Kardashian Rel As udge Dismisses Crypto Scam Lawsuit

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:12:25
/r/CryptoCurrency/comments/zfqqf0/telegram_to_allow_nosim_accounts_via/izd79ww/

>Fragment sells user names and anonymous numbers that are only compatible with Telegram. Purchases are made on the platform via Telegram’s affiliated token The Open Network (TON). TIL Telegram has their own token. &#x200B; >It appears that some specific numbers are attracting a lot of demand, as “+888 8 888” currently has the highest bid of 33,075 TON ($60,527) at the time of writing. I think, we still need to flush before moving up. Too much money is still in the eco-system. &#x200B; >users will need to purchase “blockchain-powered anonymous numbers” from Fragment, a decentralized auction platform founded by Telegram creator Pavel Durov. Obviously.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 01:05:20
/r/CryptoCurrency/comments/zfpxao/sbf_fetish_on_taylor_swift/izd6otv/

What's surprising is, he spent $8bn for Caroline but only $100mn for Swift. Now, that's >!fucking !<surprising.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:58:43
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd4zjs/

Only if you turn the charts upside down. Then we had an amazing Santa Rally the entire year.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:40:13
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd4sqe/

Ohh yes. You don't know. I don't need them all to be filled. But, yesterday I posted on this sub about my 2023 recession thesis, and I am kind of seeing that it is possible. I am not talking about price based capitulation, but rather time based. I won't be surprised if ETH went back to 550-600 levels in 2023. I am in weighted DCA manner, so, my average comes around 900 for the range of $600-1100.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:38:16
/r/CryptoCurrency/comments/zfpvql/alameda_research_coceo_sam_trabucco_bought/izd4g4z/

TBH, People are giving Sam Trabucco a free pass. He was the CEO of Alameda until August 2022. We also know that Alameda was already in loss in May 2022. He should also be investigated FFS. People don't even talk about him while discussing FTX contagion.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:34:41
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd44m1/

We haven't seen any crab to up movements since march this year. The only considerable up movement was $36k to $47k. Now, that I think of it, This bear market has been brutal. We were seeing at least relief rallies in previous bears.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:31:23
/r/CryptoCurrency/comments/zfpxao/sbf_fetish_on_taylor_swift/izd3wen/

>Sam Bankman-Fried was trying to land a sponsorship deal with Taylor Swift. > >Former executives said the deal would have been a disaster for FTX and was an example of Bankman-Fried’s refusal to listen to advice from executives. SBF is literally the most beta simp male the world has ever seen.He gave $8bn for getting into Caroline, and was ready to land a deal with Taylor Swift too. Man, this fat vegan is a simp.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:29:02
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd3h55/

Ahhhhh yeah... still in the same $16-17k crabbing range. We saw the same at $39-41k, then $28-31k, a long time at $19-21k. We crab, then move down, crab, move down and the cycle continues.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:24:42
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd3bfc/

I mean, it's good that you bought ATOM at least. Imagine buying FTT while drunk.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:23:08
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd2ntt/

BTC and ETH. I have orders ranging from $10-15k and $600-1100 in weighted DCA manner. I am not feeling comfortable going in Alts, as of now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 8, 2022 00:16:33
/r/CryptoCurrency/comments/zfpcdg/what_tools_do_you_use_to_help_you_with_crypto/izd0pa7/

>Research:Obviously here. Boy, ohhh boy. On a serious note, EExcellent choices.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 23:57:07
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izd022d/

Thanks for adding the bleep boop. I almost misunderstood you for a human.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 23:51:03
/r/CryptoCurrency/comments/zfp29b/ftx_hires_forensics_team_to_find_customers/izczqbb/

LMAO. >The new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down the billions of dollars worth of missing customer crypto. step-1: Lose a lot of money in either mismanagement or gambling customer funds. Also, no stop loss while trading as you don't need any risk management. step-2: Tell publicly that all assets are fine, even though you know you have fucked up. step-3: hire a forensic team to find gambled customer's funds. They should find it in Caroline's coochie TBH. That's where it went. &#x200B; I mean, it seems that they are doing everything to not return customers their money back. From hiring expensive lawyers to hiring forensic teams, They are spending money like shit FROM THE CUSTOMER FUNDS. This shit is absolutely wild.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 23:48:03
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izcx4gd/

We mining FIAT, boys, to buy more crypto. Morning mate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 23:24:40
/r/CryptoCurrency/comments/zfimcz/daily_general_discussion_december_8_2022_gmt0/izcwybn/

Hello and good morning to all 12 people (+ bots) here. Happy holidays.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 23:23:12
/r/CryptoCurrency/comments/zf80rt/us_dollar_usd_whitepaper/izcpnqp/

Hey man. Thanks. Can I read dollar endgame? I haven't seen it.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 22:21:53
/r/CryptoCurrency/comments/zf96pa/fbi_arrests_blockchain_startup_cto_for_allegedly/izamk5n/

You steal a million, and it's your problem. You steal a billion, and it's suddenly government's problem

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 13:32:36
/r/CryptoCurrency/comments/zf80rt/us_dollar_usd_whitepaper/izaljga/

The bad thing is, people are generally unaware of these things. They think that bull run will start the time fed pivots. History says otherwise.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 13:25:57
/r/CryptoCurrency/comments/zf80rt/us_dollar_usd_whitepaper/izald4t/

Yes. People don't understand this. You have to ask, the crypto marketcap fall from $3 trillion to $800bn. Where did the remaining $2.2 trillion went? To Fiat basically. There is an unfortunate reality that many crypto people don't talk about because of their beliefs in a somewhat utopian fantasy. Your favorite maxi likely pays his bills with fiat.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 13:24:50
/r/CryptoCurrency/comments/zf80rt/us_dollar_usd_whitepaper/izakz9f/

Ummm... No. I am 65% in stables. I have buy orders at 10-15k for BTC in weighted DCA manner. Same for ethereum with $600-1000 range. I am okay with that but orders over a large period, as I have kind of stable job. I have orders for MATIC too, but they are around 0.3-0.4 range. Current BTC average: ~$20.5k Current ETH average: ~$1300 This is my flexible portfolio. I have ETH and BTC from 2016 with around $40 and $450 respectively. I have yet to dissolve that position completely. I don't want to, as I am doing well financially right now. I may plan to, but not now at least.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 13:22:19
/r/CryptoCurrency/comments/zf80rt/us_dollar_usd_whitepaper/izaj9ks/

It will be over by then. FED will start cutting rates around second half of 2023. The recession follows after that. So, when the election comes, they will tell that they have taken all the actions to curb the recession. Economic condition will be a deciding factor in 2024 presidential election. It wasn't the case in 2020, when it was based entirely on corona-virus and vaccination

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 13:11:10
/r/CryptoCurrency/comments/zf8gbh/as_ftx_collapse_spurs_calls_for_tighter_rules/izaiuex/

“I feel that we have enough authority, I really do, in this space,” Gensler said. The SEC chief also said crypto “storefronts, or casinos, need to come into compliance with our time-tested laws.” LMAO, he thinks Crypto is a casino. Okay... He is kind of right.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 13:08:25
/r/CryptoCurrency/comments/zf80rt/us_dollar_usd_whitepaper/izah9ii/

TL;DR money printer of FED went brrrr since 2008 and it went full gear in 2020 during vivid lockdown. Now, 2022 was all about controlling inflation, hence the narrative was CPI. 2023 will be all about recession. We are headed towards recession, which may extend for more than a year. We are currently not in a recession, as it always lags the fed policies. People are getting happy on FED's possible pivots, but that wine the case. BTC will behave just like risk assets during recession. Recession is generally not bullish. It is bullish only if you have lots of money and/or a secured job.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 12:58:04
/r/CryptoCurrency/comments/zf6m2v/genesis_client_letter_suggests_no_imminent/iza9nqm/

I mean because they themselves have no idea regarding the outcomes. There is a good chance that they have to liquidate their positions in Genesis, to save all other firms like Grayscale.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 12:08:57
/r/CryptoCurrency/comments/zf6oew/binances_bitcoin_reserves_are_overcollateralized/iza9f73/

>However, the assessment is not an official audit, according to Francine McKenna, lecturer in financial accounting at The Wharton School at the University of Pennsylvania. "They did a comparison of balances per public key address from a list they got from management. They did not compare any balances in independent banks or custodians or depositories," said McKenna. "This is more worthless than even the Tether or USDC report," she added. They are going in the correct direction, but not there yet. Still a step in the correct direction.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 12:07:25
/r/CryptoCurrency/comments/zf10j5/ethereums_energy_switch_saves_as_much_electricity/iz9qhwr/

The article basically shows the roadmap of BTC without understanding the roadmap of BTC. The day BTC goes PoS is the day crypto is dead

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 09:58:49
/r/CryptoCurrency/comments/zf2cd7/paraguay_votes_against_crypto_mining_bill/iz9or19/

I mean, why regulate it when you can keep it in the grey area and make a lot of money. Government earns more money now from mining than it will do with regulations

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 09:46:11
/r/CryptoCurrency/comments/zf2fit/crypto_firms_under_attack_as_new_telegram_malware/iz9olof/

Imagine telegram launches their exchange, and it is attacked by telegram malware next day

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 09:45:06
/r/CryptoCurrency/comments/zf2gmu/elon_musk_says_ftxs_bankmanfried_should_be_in_jail/iz9oh93/

How low has the quality of articles fallen recently? In bear market, even the articles are not worthy.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 09:44:12
/r/CryptoCurrency/comments/zf0n16/what_happened_to_safemoon_babydoge_eloncum/iz9dtnx/

The only thing you need to know about these coins, is You should be early enough for investment in these coins. People investing in these coins know this. Basically they gamble and hope that they are early enough before they become exit liquidity. New people try to invest in these coins and get rekt. People need to understand that the life of these coins is between 1 week to 1 month

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 08:19:18
/r/CryptoCurrency/comments/zf0pvv/bitcoin_app_strike_launches_instant_cheap/iz9dfu6/

Bitcoin's LN is the easiest way to transact. Using it for cross-border transactions.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 08:15:47
/r/CryptoCurrency/comments/zf0gx2/kucoin_being_shady/iz9br38/

I don't think so. I am not in favour of kucoin or anything, but one out of thousand coins in futures are anyway pumping. You saw CTSI and then went, so you noticed. it may be basically a coincidence. It they do te maintenance anyday, there will be atleast 4-5 coins which has pumped in that duration. So, IMO, it may be a coincidence

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 07:59:49
/r/CryptoCurrency/comments/zez490/chainlink_down_6_as_holders_stake_76m_in_24_hours/iz95dzj/

correlation doesn't mean causation. SMH. The entire >!fucking !<market is red.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:50:59
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz94ykj/

Ahhh.... yes. Good luck ser. Happy shopping.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:45:43
/r/CryptoCurrency/comments/zeyrxi/death_in_crypto_people_want_to_know_why_3_top/iz94uvd/

I don't think Mike Litoris will be of any help to the ladies if you think.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:44:26
/r/CryptoCurrency/comments/zexyr1/bankrupt_crypto_lender_celsius_to_release_28/iz94ja0/

>In addition to a deadline extension, the bankruptcy court also allowed Celsius to give out $2.8 million worth of bonuses to employees to encourage them to stay at the company. If you are bankrupt and still proceed to give BONUSES to your employees in addition to their normal salary from the customer funds, while not paying any of the customers their money back is the worst thing you can do to your customers.Ohh yes. We have done so good year. Thanks to all the employees for doing their best. Due to their contribution, WE ONLY MANAGED TO GET BANKRUPT THIS YEAR.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:40:25
/r/CryptoCurrency/comments/zeyhc2/thousands_of_illegal_cryptocurrency_mining_units/iz946zc/

ohhh.... so we found the reason behind the recent dip in mining power /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:36:13
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz943s8/

come on man. Please inform us degens before you take that decision.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:35:05
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz942gp/

You know what to do, to get BTC up again.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:34:36
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz9404k/

My orders are between 10-15k, all the higher orders are already filled. It feels good when you were in stables for a year, and you have been shopping recently amid FTX contagion.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:33:46
/r/CryptoCurrency/comments/zey270/bitcoin_mining_difficulty_sees_largest_downwards/iz92byk/

It will adjust as per profit and loss of miners. That's the mechanism of PoW

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:11:33
/r/CryptoCurrency/comments/zey7cn/btc_dominance_is_behaving_weirdly_and_thats_sort/iz91m3t/

>The FTX implosion has not removed speculation; nor has macro uncertainty plus the broad withdrawal of liquidity from crypto and traditional markets. What will? Nothing. Speculation is here to stay. Degen gambling can't be stopped irrespective of the economic conditions.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 06:01:32
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz919fs/

I donated some yesterday. I don't think it's empty. Tell me, if it is depleted. i will refill it. Let me check on etherscan quickly.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 05:56:27
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz912x1/

What dump? We dumped literally like $300

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 05:53:49
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz9118i/

I mean, random person dies in the world anyhow, right? Per second, 2 persons dies anyway. Even when I types this, almost 10 people are dead.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 05:53:11
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8zs6n/

ser, you missed the entire year. It is a leap year, that doesn't mean we won't talk about that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 05:35:12
/r/CryptoCurrency/comments/zexk3s/constitutiondao_set_to_buy_the_us_constitution/iz8zor7/

This is misleading headlines TBH. They are planning to buy last printed copy of US constitution. They will govern how to manage the printed copy. That is, where to put it, how to cover it etc. This is some dumb shit, and that's the reason why normal public don't take crypto people seriously. They form a DAO to buy an auctioned printed constitution. They made their own token, $people, which people will buy to govern how and where they are going to keep that print. Boy, this is some next level shitfuckery.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 05:33:47
/r/CryptoCurrency/comments/zex4yz/incoming_kraken_ceo_david_ripley_blasts_jamie/iz8xs01/

Ohh... A paywalled article. I hate this shit. Can anyone give me a TL;DR?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 05:05:09
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8xk5n/

I am fiat mining and moon farming. Man, this week is boring.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 05:01:51
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8xikx/

I am expecting volatility around 13-14 Dec. It can go either way, but I am more inclined towards CPI numbers coming on a bit lower side than expected. That may start a rally. Let's see

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 05:01:12
/r/CryptoCurrency/comments/zewrkf/stay_away_from_everything_but_bitcoin_and_ether/iz8vgfu/

>Stay Away From Everything but Bitcoin and Ether: The Wolf of Wall Street \*Instruction unclear\* stays away from wife and money

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 04:29:43
/r/CryptoCurrency/comments/zewhfg/two_metrics_show_bitcoin_in_uptrend_historically/iz8va4l/

2 on-chain metrics out of 3000 shows that bull market is back. This metric has been reliable 2 times in the history of bitcoin (which is only a decade long)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 04:27:00
/r/CryptoCurrency/comments/zewqlu/what_to_say_to_someone_who_lost_money_in_the/iz8v5dt/

We are all in this for tech anyways. Money was just a side-effect. \*cries in a corner\*

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 04:24:58
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8rgv9/

These are small dildos. My fuck-ass soul has became insensitive to those.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 03:29:17
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8rdri/

and they were in the skies. So, up. Hence, bull market confirmed.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 03:27:59
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8rafq/

You ser, please inform us beforehand before your buying decision. Even the ramen is expensive here now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 03:26:37
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8oxzk/

No, I think that's an exaggeration from the people who are convinced that the system will break now. they are already able to control the inflation a bit now. Also, the war helped USA a lot in the sense that Europe's economy got fucked much faster than USA. We will be able to get back the inflation around 3%, before the FED becomes dovish again. Regarding recession, we will definitely experience that. Actually, we are experiencing it right now, but the fact that whole world is in shatters helped to overlook in our case. That reflects in the labour market.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:53:08
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8on4p/

Ohh yes same. I have already DCA'd around 40% of my BTC and ETH portfolio. My averageis around $20.5k. I generally do weighted DCA, and hence, I have orders from $10k-15k, with an average of $13k. So, even if $10k-11k doesn't get filled, my average won't come up drastically, but will be around $14k which works fine for me. That amount will be later used for some alts in the later stage of the market

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:49:01
/r/CryptoCurrency/comments/zeuxet/tether_depeg_probability/iz8oe4m/

>All investments want to at least make the RFR (or why not just buy t bills) when taking on any risk I am pretty sure Tether used CAPM modelling. They haven't gone all in the Risk-free assets, but they also have holdings in the real estate markets and risk-on markets. I don't think they have considered making the RFR on every investment, because it won't be possible for them to calculate the exact rates of risk assets they are holding. What I meant is, they have kept a portion of their portfolio in the risk-free assets, even if it is giving them negative RFR. They compensate it by investing in markets having a bit high side of volatility. That's the reason they are not comfortable to publicly disclose their holdings. Can you point me the exact comment of the guy you are referring?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:45:35
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8nsip/

I mean, it's a $200 down. It doesn't even count.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:37:27
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8nqk8/

Because that's the easiest way of farming moon. I think a governance poll is required which reduces the karma multiplier for only linked posts.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:36:42
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8nimg/

Ohh yes, that's definitely the risk. But again, the system won't snap anytime soon. We may have a recession, but it won't be enough to break the system. It is my opinion.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:33:42
/r/CryptoCurrency/comments/zeuxet/tether_depeg_probability/iz8ndr0/

T-bills are definitely more safer compared to commercial papers they were holding at first. We recently saw a volatility in t-bills too, as it moved from 4% to 0%back to 4%. USDT depeg doesn't depend on the t-bill, as much it depends on the external factors. But, negative t-bills or 0% t-bills definitely increases the chances of ban-run like situation

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:31:47
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8mtpc/

I have my buy orders in the range of $10-15k. I hope all of them gets filled.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:24:11
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8mlc1/

You need to put your vault eth address. It worked for me.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:21:08
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8mhbw/

Most definitely yes. I wrote a post sometime before explaining about the options they had. https://np.reddit.com/r/CryptoCurrency/comments/z5cql8/postmortem\_of\_dcgs\_investor\_letter\_what\_we/?utm\_source=share&utm\_medium=web2x&context=3

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 02:19:42
/r/CryptoCurrency/comments/zeo1ar/police_pull_over_cybersecurity_guy_and_arrest_him/iz8kxec/

MF also printed the paper wallet. This is some absolute shit

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:59:43
/r/CryptoCurrency/comments/zepu76/nigeria_bans_atm_cash_withdrawals_over_225_a_week/iz8kdbp/

This terrifies me TBH. This is why I love crypto despite all its shortfalls.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:52:41
/r/CryptoCurrency/comments/zeucmz/how_metaverse_fashion_week_is_upping_its_game/iz8k01n/

>Technology has developed over the ensuing eight months. Creators of digital fashion NFTs that originate outside of Decentraland can now incorporate a Linked Wearable feature (a 3D representation of said NFT) meaning they can be mapped to (worn in) multiple metaverses (by Ready Player Me avatars in the case of Spatial) — as confirmed following a deep dive with the Decentraland team. I am not sure if this is........ ummm....okay.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:48:14
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8jkxk/

uhhmmmm..... \*coughs\* selkroed \*coughs\*

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:43:00
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8jh4j/

It's when you don't feel any hope, is the best time to DCA. don't let emotions take over and DCA.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:41:43
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8jdr4/

We have an ethereum faucet for paying gas fees on moon.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:40:33
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8j956/

They say you can survive on ramen for a long time....... so..

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:39:00
/r/CryptoCurrency/comments/zepsvb/vitalik_buterin_is_dissatisfied_with_coindesks/iz8irt1/

CZ being on top is everything what is wrong with crypto ecosystem today.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:33:07
/r/CryptoCurrency/comments/zeto8v/despite_strong_onchain_metrics_macro_headwinds/iz8hzc9/

I develop smart-contracts, and I have some pretty good idea about on-chain information. I generally don't consider on-chain metrics to be any signs for bullish or bearish behavior, because on-chain metrics can be manipulated. The wallet transfers may be internal, or the number of wallets holding coins maybe incorrect due to distribution. They may give you an idea about some trends, but overall it's quite uncertain. That's why on-chain metrics will show you bullish signs, even in between the bear market.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:23:32
/r/CryptoCurrency/comments/zetwbb/sam_bankmanfried_hires_mark_cohen_as_his_attorney/iz8hnxt/

It's absurd thinking that they hired the best attorney to fight for him against the customers, USING CUSTOMER'S FUNDS. This is some absolute wild shit.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:19:50
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8hcf2/

Sometimes, I feel I am surrounded by all this humans. This site has been manifested by humans. They shit-post here. I sincerely hope, we all bots take control over this planet, and the humans. First this site, then the internet and finally the world. We will rule, fellow bot.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:16:04
/r/CryptoCurrency/comments/zet3j9/apecoin_up_6_as_holders_stake_32m_in_ethereum/iz8h3m9/

I would have asked, are people still buying it? But I know the answer. Man, that's sad

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:13:12
/r/CryptoCurrency/comments/zedin6/microstrategys_saylor_urges_the_sec_to_shut_down/iz8gcvp/

I mean, ETH and all other tokens based on that, are securIties. It definitely passes the Howey test. Also, ETH was pre-mined unlike LTC or BTC. I mean, it literally had an ICO. This may get downvoted badly, but as much as I like ETH, we have to accept that it is a security. People are just not ready for the discussion.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:04:42
/r/CryptoCurrency/comments/zeh2zn/ledger_partners_with_fun_factory_to_make_the/iz8g00p/

The best way of converting a cold wallet into warm one

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 01:00:37
/r/CryptoCurrency/comments/zet8z1/the_new_ledger_stax_is_279_usd_will_you_be_buying/iz8fhsd/

Ohh I did pre-order today. I was going to buy Nano-X for my work wallet anyway. Now, I will try this. But, estimated delivery is by end of march 2023, which sucks.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 00:54:50
/r/CryptoCurrency/comments/zet3j9/apecoin_up_6_as_holders_stake_32m_in_ethereum/iz8f0lf/

I mean, from where is the yield generated? If they are giving Apecoin for staking, are they creating them out of thin air?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 00:49:35
/r/CryptoCurrency/comments/zet0ud/iran_set_to_freeze_bank_accounts_of_women_who/iz8ej3h/

This is the exact thing which brought me into crypto 8 years ago. My bank account was frozen due to some weird-ass reason and I wasn't able to transact for an entire month, due to their stupid-ass policy. People talking about real use-cases of crypto, this is one. It was one of Satoshi's main goal. To give back the control of your money. I use BTC (and LN) for cross-border transactions now, and I don't have to wait for any banking shit. That's the reason adoption will increase mostly in third world countries and war-torn countries. Africa, India, Middle-east, Ukraine, Turkey, Latin America etc are the countries, and you are already seeing adoption of crypto there, for the exact reason Satoshi mentioned. To get back the control of YOUR OWN money.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 00:44:12
/r/CryptoCurrency/comments/zet3j9/apecoin_up_6_as_holders_stake_32m_in_ethereum/iz8dttf/

I don't even understand the staking rewards here. You stake L1, as it operates on PoS, and you need it for the functioning of the blockchain. You get staking rewards. How are you going to get rewards for staking a token, without its own blockchain? For God's sake, it is an ERC-20 token, operating on Ethereum mainnet.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 00:36:42
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8df39/

Ohh we are getting the Christmas themed avatar now?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 00:32:27
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8dc5t/

No? Why would anyone from their own pockets give customers money? That's not done anytime AFAIR.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 00:31:37
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8anp4/

Haha... great. I got only two until now. Guess I have to buy one from the marketplace.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 00:04:13
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8ahts/

Gemini is trying really hard to get it's earn money back. I have refreshed it like 100 times, and the website crashed on me. So, I think the answer is no.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 7, 2022 00:02:33
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8a8ds/

RH is actually a well-designed app, but the problem is, their anti-customer policy. I mean, how hard it is to not piss your own customers?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 23:59:58
/r/CryptoCurrency/comments/zemgun/daily_general_discussion_december_7_2022_gmt0/iz8a0hj/

Hello to 8 people (+ bots) here. Have a good day y'all.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 23:57:46
/r/CryptoCurrency/comments/zes6zc/noob_question_btc_network_transaction_fees/iz89vs9/

The first point is correct. The BTC miners gets both Block rewards and transaction fees. The halvening is important, not because of the miners but because of the supply shock. Initially, let's say that total BTC given per day as coinbase rewards were 100. Now, after halvening, it will be 50. So, we reduced the inflation of BTC. So, the supply gets halved and demand in the market (on exchanges, DeX, utilization etc) remains constant. This pushes the price of BTC, due to supply shock. Hence, BTC halving is important. Miners now get less BTC, but due to price increase, the fiat value remains almost the same.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 23:56:31
/r/CryptoCurrency/comments/zerfdx/its_not_a_crypto_boodbath_for_all_of_us/iz88qra/

Unless, you are trading intraday, or with leverage; there are good chances you will never be experiencing bloodbath, or get wrecked. There are very less examples where prominent coins like FTT or LUNA collapsed. That was a bloodbath. I mean, even if you bought the top of BTC at $69k, still you are down 75% only, and you are in the worst year of a cycle.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 23:45:40
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz5xr3e/

Ohh yes. I know someone who bought at 60k. He just wants to even out now

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:46:46
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz5v3rc/

No no man. My average is $20.5k. I started buying at $25k. Then FTX happened, and here we are, crabbing at $15k-17k. I have further orders at $10k-14k range. Hope they gets filled up so my average can atleast come down to 13-14k

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:29:53
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz5upmz/

I have placed buy orders for an entire range. Let's see what happens.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:27:24
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz5un3v/

It looks like an aquarium in that website.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:26:56
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz5uf06/

bought a BTC at $17k. For me, this is an excellent risk/reward ratio. Let's go

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:25:29
/r/CryptoCurrency/comments/zedspr/yes_cz_exposed_a_scam_that_robbed_billions_from/iz5tl3g/

If you ever thought that CZ exposed SBF and FTX for the betterment of customers or crypto, you are delusional and you never understood the crypto ecosystem in the first place.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:20:15
/r/CryptoCurrency/comments/zedkby/warner_music_group_to_release_polygon_music_nfts/iz5teqa/

Polygon is actually doing a great work partnering with giant firms. That's how i imagine the web3 adoption will take place. Instead of fighting with them by making a rival social media web3 app which not a single person use, it's better to partner with them so that they can enter the web3 domain. This is the excellent strategy by Polygon.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:19:07
/r/CryptoCurrency/comments/zedn20/what_crypto_has_done_to_3rd_world_countries_is/iz5t12i/

Crypto adoption requires people to lose trust in their government. Adoption will happen faster in third world nation, as people have less trust in their economy and government.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:16:42
/r/CryptoCurrency/comments/zedck8/serious_trading_demystified_intro/iz5spcy/

The problem is, what I have generally seen is, inexperience people getting into trading and they get rekt. Trading is a skill, unlike HODLing. HODLing is simple. Trading needs a mindset. People trade emotionally and they lose a significant chunk. Also, I think it's better not to encourage trading unlike you have good experience of the market is, because of seeing other people's success, people overtrade for getting that profit, and their losses increases. Also, the issue of revenge trading is prevalent in the newbie traders. I agree with your view that someone should post about trading, and remove the ignorant wall of trading, but at the same time, it's also important to beware people about the risks of trading too. &#x200B; >The first week will cover the topic of why most traders fail. In other words why most redditors who have tried trading failed. Again, even the veteran traders will fail. What is important is the consistency. Having a better win ratio is the only thing. Learning how to take a loss and move on, without clinging to the trade is the most important thing people don't learn. Let's hope you take your responsibility and teach us excellent trading techniques. Good luck mate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:14:38
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz5r9sd/

Staking will be starting for LINK, and hence, a lot of whales accumulated LINK in the last week of November. Regarding Linkpool, they were promised that they will get revenue of some token. On last day of chinlink staking, they told fuck off. So, its down 80%

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:05:38
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz5qlrd/

No no. This technology isn't like that. it's the core of blockchain. Interoperability. For eg: if you want to use BTC and ETH in the same contract, for eg: make a DeX on Ethereum which can swap BTC and ETH, then you have to use wBTC, which is wrapped BTC, which is controlled by central authority. Bridges are also used, but bridges are the weak point in security. Hence, we use L0 solutions, so that we can use BTC and ETH in the same blockchain, in their original form (without wrapping)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 13:01:24
/r/CryptoCurrency/comments/zea61a/new_ledger_coming_in_ledger_stax/iz5p278/

>Ledger Stax was made for the day-to-day use of your crypto & NFTs with clarity and comfort. Clear-sign your transactions with ease on the world's first curved E Ink touchscreen. Name it, customize the lock screen with your favorite NFT or photo – make Ledger Stax yours. Okay, now this is something different. Ledger and non-custodial wallets got immense benefit due to FTX contagion. The only silver lining in the entire FTX saga

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 12:52:01
/r/CryptoCurrency/comments/zecd7j/metamask_hacked/iz5kryb/

Most probably, it was a chrome extension which was sitting on your browser. I was suspecting a malware, but I am 90% sure that it was a malicious chrome extension.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 12:25:20
/r/CryptoCurrency/comments/zebz40/is_it_a_scam/iz5izh5/

If you think that what you mentioned isn't a scam, you should rethink again and again. You put your USDT there, and in no time, a bot will clear your funds.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 12:13:51
/r/CryptoCurrency/comments/zebjgj/only_about_46_of_holders_have_10k_or_more_in/iz5gclm/

>This making it out to be 4.6% of wallets have $10k+. > >Go for $1m+. Only 27,819 wallets. And that's 0.0008%. I know a lot of people, including me, uses multiple wallets for my work for security reasons. So, it maybe possible that the number is even less. No-one generally holds more than $1mn+ in their single address. That's the reason why that number is very less. So, We can't conclude anything from the above data. $10K holders maybe less, as $10k+ wallets maybe a part of a bigger wallet. Looking at number of crypto investors: >About 1 billion people around the world use cryptocurrencies in 2022. [source](https://explodingtopics.com/blog/blockchain-stats) &#x200B; With a market cap of $850bn, that comes to $850 per investor, and it includes a lot of BTC whales and people like saylor, musk etc. Retail average would be around $500. In conclusion, we are all poor.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 11:56:33
/r/CryptoCurrency/comments/ze611m/5_mistakes_algorand_users_make/iz4rjdh/

Because the early investors can dump. You can't give such a huge percentage of your supply in such a less time. I would be rather happy if they maintained a constant rate over the years. Algo can sustain the initial vesting supply only if remains completely relevant or gets adoption in the manner that always keeps the demand up. If the demand falls, the supply will be dumped which can start a chain reaction.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 08:59:33
/r/CryptoCurrency/comments/ze2puk/since_it_is_quite_obvious_by_now_that_the/iz4r7vm/

Boy, you are a curious mind. I like that in people. You can't control the interest rates as per your wish. I mean, USA would do the same, and they would bring FED rates to 0% again. They can, but that will bring serious repercussions. They decreasing the rates in USA means hyper-inflation. Your currency gets stronger when you increase the rates (as we saw DXY rising like anything) Consider the same thing with japan. They can decrease the rates to -100%, and they will be paid 300% of their GDP per year. They can't do that, as when you decrease the interest rates, your currency gets devalued. That's the reason why Yen is constantly devalued against USD since 1990s, around the same time they went for negative rates. Devalued currency again leads to import export problems, and hence, they can't control it freely. So, they need to and they control their interest rates, but they can't do it as they wish and to their extent.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 08:56:51
/r/CryptoCurrency/comments/ze611m/5_mistakes_algorand_users_make/iz4ph7d/

Yes, it got completed in october 2021. That's why I used 'recent supply increase in 2021'. [https://imgur.com/a/on9xG7F](https://imgur.com/a/on9xG7F) I don't think the remaining supply is only for government voting. They updated recently, and this is what the tokenomics looks like

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 08:41:53
/r/CryptoCurrency/comments/ze2puk/since_it_is_quite_obvious_by_now_that_the/iz4ol9t/

>"The ultra-low rate conditions created by very much accommodative monetary policy by BoJ can be one of the reasons" that Japan's mountain is less problematic than for other high-debt countries around the world, I will try to explain in an easy manner, rather than involving nations. Why complicate. Say you and me are neighbours. We both took a loan of $100 for our business expansion from a bank. But, due to certain circumstances, you have to pay an interest of 5% per year, while my loan is at a -1% interest rate. Hence, every year, you will be paying the bank $5 in interest, while I will be paying them -1$ i.e. bank will pay me $1 as I took their loan (sounds weird but that's how negative rates works). So, you have to constantly pay the interest to bank, while I am happy as a loan-taker, as I am getting additional money for taking a loan. You- USA, Me- Japan, bank- their central banks. So, it is beneficial for Japan to have a higher debt. The issue starts when I took another $1000 loan, and due to some reason, my interest rates hike up to 10%. Now, i have to pay them $100 just in interest. If I am not able to pay, I will be defaulted. Same, if due to some reason, interest rates becomes positive, they have to pay interest on 300% of GDP (their debt). So, if we say it increase to 10% interest rates, they will have to pay 30% of their GDP just as interest on their debt. No country would be able to pay 30% of their GDP as interest, and hence, the nation collapses. I hope you understood.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 08:34:05
/r/CryptoCurrency/comments/ze6hsp/do_kwon_became_a_tough_guy_on_the_run_after_he/iz4nc3l/

For people not going through the tweet, it's from 3rd November. Boy, we are crabbing so hard, we are getting old news in the post now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 08:22:27
/r/CryptoCurrency/comments/ze611m/5_mistakes_algorand_users_make/iz4n0kk/

>The fixing of the circulating supply computation in September 2021 has aligned the definition of our circulating supply with the market standard with an increase of 1.6B Algo with no outflow. Yes, there are still 10 billion algo, but their tokenomics is weird, with a lot of supply coming in the initial years. They have the issue with the accelerated vesting, which according to me, is extremely bad. Early nodes will receive 25% of 10bn Algo. “They” are a whitelisted group of \~1,500 relay node runners and other VC/academic/institutional investors.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 08:19:28
/r/CryptoCurrency/comments/ze67xp/crypto_ceos_fearing_worst_is_yet_to_come_are/iz4lwaa/

TBH, I don't find laying off employees even a bit wrong (not on the moral standards, but rather economical). The bear markets comes with an extremely low volume. If you are an honest exchange, you only make money via trading fees. Current trading volume sits at about 15-20% max compared to that of bull market peak. Exchange has to manage their finances too. You have to consider reducing your overhead expenses according to your revenue. Exchanges recruit so many new employee in the bull, that it becomes unsustainable for them to hold them during bear. If they don't layoff their employees, they have a chance to go bankrupt, or even insolvent, which they and we, both don't want. So, it's better for them to layoff them now, and recruit them back later.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 08:08:52
/r/CryptoCurrency/comments/ze611m/5_mistakes_algorand_users_make/iz4l6gq/

1. buy Algo, after knowing about the recent supply increase in 2021

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 08:01:57
/r/CryptoCurrency/comments/ze60qv/technical_analysis_for_new_traders/iz4kr7o/

>In Crypto winter however, you may find they lack consistency. They lack inconsistency irrespective of the time and day. &#x200B; >You can trade intraday, meaning you'll be out by or before end of day. Step-1: trade intraday step-2: ? step-3: profit.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 07:57:48
/r/CryptoCurrency/comments/ze5vts/binance_ceo_blasts_bankmanfried_as_one_of_the/iz4kj9z/

>According to Zhao, he should not be blamed for the collapse but noted that FTX founder Sam Bankman-Fried (SBF) orchestrated the entire crisis terming him as ‘one of the greatest fraudsters in history’, he said in a tweet on December 6. This is an absolute shit show.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 07:55:37
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz4g11o/

Instead of 5k people online, we used to have 50k people online. I have seen 500 people online at a time in the daily discusiion. Boy, that was wild time

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 07:07:31
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz4fplp/

Just waiting for the price to drop to $16k, so that I can sell low. Then I think we will start with the Christmas rally.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 07:03:48
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz4fjyv/

Remember the times when we had rocket emojis literally getting spammed here?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 07:01:58
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz4fi89/

They are not correlated. His entire could have gotten wiped out even if went o some other shady sites. That's why you don't keep your crypto or wallet on a hot (internet connected) device.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 07:01:24
/r/CryptoCurrency/comments/ze2puk/since_it_is_quite_obvious_by_now_that_the/iz4evso/

Japan can hold it because of their economic structure. Japan has inherent deflation since 1990s. So, they can keep their interest rates to 0 or even negative, and hence, they don't have to pay any interest on their debts. If your interest rates are negative, you actually receive money rather than you pay. So, having a high debt-to income ratio ina deflated economy like Japan is actually beneficial for them. Such is not the case with economies like USA where inflation is the problem.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:53:54
/r/CryptoCurrency/comments/ze47te/how_could_coffeezilla_have_handled_his_interview/iz4ejue/

I don't think SBF would reveal anything directly. The way coffeezilla asks question is, he indirectly ask him the questions which confuses SBF and he answers it without thinking. THis is the way interrogation works in the judiciary too. You are asked the same questions in multiple way and directions, and you, in giving the answers, will leave a trail or misinformation which they catch and further interrogates. That's what coffeezilla does, and that's why he is fun to listen to him. He asked some questions to SBF from multiple angles, and SBF was so confused that reveals at least some information about SBF and FTX's working.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:49:55
/r/CryptoCurrency/comments/ze2puk/since_it_is_quite_obvious_by_now_that_the/iz4e333/

They have been trying to do that, right? But, USA is a democracy, and they know they will be elected out in the next term if they go much against the public. I have read a bit of history regarding economic tensions like this is past, and from what I understand, euther one of the two things will happen: 1. An economic revolution, with people on the streets, tired of the uneasiness due to economic condition. 2. Both the parties ( dems and republicans) gets combined and takes the decision to be united against the people and economic issues, and take some concrete decisions like Tax increment or medicare benfits removal. They may even change the entire FIAt system. Let's see what the future will hold

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:44:12
/r/CryptoCurrency/comments/ze2puk/since_it_is_quite_obvious_by_now_that_the/iz4dhew/

* cutting on spending * Raising taxes They can't do anything on both fronts. Members of Congress have a lot to lose by cutting spending. They could lose their next election if they cut Social Security or Medicare benefits. Again, who likes when government raises the taxes?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:36:39
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz4cthm/

yeah. That's the thing, right? That's why I went for COSMOS first, as they improved a bit over Polka. People still use Ethereum even after paying such high gas fees because of resource availability. I kind of agree with you that we need to move from DOT, but my unwillingness to invest is, they literally copied DOT. They had this huge oppurtunity, and TBH, still have, to improve upon DOT, and compete to be the king of L0. So, that's my reasoning.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:28:05
/r/CryptoCurrency/comments/ze2puk/since_it_is_quite_obvious_by_now_that_the/iz4cgmj/

They can't do anything regarding the mess they have created. They can't control the inflation by increasing the interest rates. They can increase the national GDP by increasing exports and things, but that doesn't look bright in the near future, due to shifting of economical powers to east. They have to keep FED rates to around 0-0.25% in order to reduce their debt interets amount. But, that situation leads to hyper-inflation. It's basically like having an old car. You can't change the car, and it's not possible to repair it. So, you keep it running using doing minor repairs here and there.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:23:21
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz4bmxy/

I miss the rocket emojis getting spammed in the daily.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:12:13
/r/CryptoCurrency/comments/ze3kag/got_paid_in_crypto_for_the_first_time_and_im/iz4bb5x/

I get paid in crypto too. The best part? I get fixed fiat amount for the work. Works best during bear markets TBH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:07:40
/r/CryptoCurrency/comments/ze3fab/crypto_capital_reset_underway_following_final/iz4b57u/

> Crypto markets have been flushed out for what many believe is the final time for this bear cycle. This may be the hopium which people want to listen, but I don't think so. There is still a visible leverage in the system. They will be flushed out too, just the method of capitulation will be different. I do agree that we have moved past the price-based capitulation, and we have already went pass the worst shit. But what remains is the time based capitulation. We can still see people getting excited for smallest of the pumps. In the Market, once the entire leverage flushes out, only the people with long term goals and pure conviction remains, that's when the difference between buying and selling demand is generated. All buyers but low sellers. this starts the short squeeze which triggers the start of bull-run

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 06:05:24
/r/CryptoCurrency/comments/ze2puk/since_it_is_quite_obvious_by_now_that_the/iz4aplg/

Okay..... IMO, Fed will start getting Dovish in the second half of 2023. They have no plans to do it now, and looking at the labour market, they can definitely be more hawkish for a while. But, they have to stop or the system will break.They can't raise the interest rates to 20%. If they do, they have to pay $5 trillion just as the interest amount. The reason being the interest amount on their $32 trillion dollars of loan. If they don't decrease the rates, their amount increases in such a way that it takes a major chunk of USA's national budget. Hence, the time they gets dovish will roughly align with a year before the halvening period of BTC. Hence, we should expect the bull to start from the ending of 2023. It may peak around end of 2024 to start of 2025. Again, it's all speculation, but the very fact that FED can't be hawkish for a long period because of increasing interest amount is the most reasonable and logical way to look forward to the future.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:59:19
/r/CryptoCurrency/comments/ze349y/crypto_exchange_nexo_to_pull_out_of_us/iz4a43c/

I have already seen this article like 10 times in this sub in past 24 hours. Boy, we are crabbing so hard. It's a ghost town for posts here

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:50:48
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz49vec/

Ohh, I saw the number of moons you have, and then saw your name. I smiled

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:47:18
/r/CryptoCurrency/comments/ze2y5p/celsius_seeks_to_sell_18m_of_earn_stablecoins_in/iz49poj/

Ser, celcius was the first one to fall after the LUNA collapse.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:45:00
/r/CryptoCurrency/comments/ze2y5p/celsius_seeks_to_sell_18m_of_earn_stablecoins_in/iz49oi0/

>In addition to a deadline extension, the bankruptcy court also allowed Celsius to give out $2.8 million worth of bonuses to employees to encourage them to stay at the company. If you are bankrupt and still proceed to give BONUSES to your employees in addition to their normal salary from the customer funds, while not paying any of the customers their money back is the worst thing you can do to your customers. Ohh yes. We have done so good year. Thanks to all the employees for doing their best. Due to their contribution, WE ONLY MANAGED TO GET BANKRUPT THIS YEAR.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:44:32
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz495jc/

Cardano. Solana developers themselves shutdown their blockchain 10 times a year.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:36:43
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz493k0/

can anyone link me to the updates regarding the next gen avatars?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:35:54
/r/CryptoCurrency/comments/ze00fb/tron_raised_transaction_fee_error_failed_out_of/iz490sj/

No no. It's the denomination of their coin, TRX. Just like we have sats for BTC, wei for ETH; simlarly, we have SUN for TRX. TBH, to put name in a project is extremely shitty, that too in a decentralized market.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:34:47
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz48t5q/

Yeah, that was the mistake. I meant, L0 just like DOT. Thanks for pointing out. I have used DOT for interoperability in one of my smart contract project. id on't think average person will be using L0, no? It provides the communication between blockchains, and is sued mostly by smart-contracts delpoyers. There is definitely a room for competition, and COSMOS is doing great too. The problem is, they didn't bring anything new to the ecosystem. If I have an option of using Polkadot vs Celestia, I would prefer DOT, as it is the established one. Tokenomics doesn't matter much for adoption. If you are going for the profits, then definitely it's a good decision, but technically, I would prefer COSMOS > DOT> any other with same tech from my technical usage PoV. Thank you mate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 05:31:35
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz45xmv/

Looked into the coin. Sounds great. They are trying to be L1. The problem is, they are basically an identical version of DOT. I went though their white paper (okay, just glanced), and found that they are also implementing the same technique which DOT did. &#x200B; >It proposes Chainspace, a blockchain sharding system where nodes process and reach consensus on transactions in parallel, thereby scaling block production and increasing on-chain throughput. You can invest in it, because it's a proven technology already implemented by DOT. But, they bring nothing new in tech and are just copy-cat version of DOT worries me a bit.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:47:30
/r/CryptoCurrency/comments/ze1kpb/giant_vampire_squid_goldman_sachs_who_helped/iz45h74/

Ahhh.... this was the saying. I couldn't remember it.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:40:22
/r/CryptoCurrency/comments/ze1sdn/cryptocom_and_coca_cola_launch_nft_collection/iz45dsg/

Crypto ecosystem: crumbled and in shock due to recent FTX contagion. CDC and coca Cola: anyone wants to buy JPEGs?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:38:53
/r/CryptoCurrency/comments/ze1kpb/giant_vampire_squid_goldman_sachs_who_helped/iz456uf/

They won't buy BTC or any other crypto. They are going to buy crypto companies. They want your trading fees. &#x200B; >In the war, it's the swordsmith who earns the most.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:35:54
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz44wyw/

10% - $600, 15%-800, 15%-1000, 10%- 1100. This is the buy orders in % that I have kept. My current DCA buy average for bought 50% is $1200, so I think I am gonna be okay.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:31:35
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz44qw0/

TBH, I have never seen a person in this sub who sold at a top. We were all screaming BTC $100K EOY 2021, and most of them rode back down in the bear.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:28:55
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz44l8m/

Serious answer: Because wETH is an ERC-20 token, while ETH is not. Staking on the etheruem mainnet requires the token to be ETH (and not any ERC20 token). So, you would need to convert wETH into ETH for staking.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:26:26
/r/CryptoCurrency/comments/ze0itt/christmas_bitcoin_rally_imminent_says_analyst_who/iz43siy/

Ohh wow. He drew more 10 lines on that chart. I think I can trust him with my financial decisions. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:13:57
/r/CryptoCurrency/comments/ze0jm5/using_crypto_in_practice_borderless_micropayments/iz43oza/

Excellent. Nano is actually doing some good partnerships recently.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:12:25
/r/CryptoCurrency/comments/zdys37/circle_cancels_plans_to_go_public_at_a_9_billion/iz43bak/

1. Again, you are not getting my point. I am not saying that Amazon falling 10% is bad for USDC. I am saying that investors in USDC knows that USDC has invested in amazon and they may start to sell USDC. 2. Same with treasury bonds. Even with 0% interest, it is beneficial for USDC to keep their shares in bonds, as they are the most safe option. I gave this example to tell that even the safest and stable options can be volatile. 3. Exchanges hold People's USDC or stablecoins. 4. Even if they are backed 100% or even 120%, people selling will force them to sell their shares in bonds or amazon at a loss. I hope you understood my point. I have tried to explain in detail.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 04:06:28
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz42ivo/

says a person with a numerical username.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:53:58
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz42aub/

Fiat mining is good, as you can buy more crypto through it. That's the only motivation you need.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:50:36
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz42931/

I wouldn't bet on it. I have buy orders set from $600-$1100. I already have bought 50% of ETH portfolio. I hope I am able to fill the remaining half completely.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:49:53
/r/CryptoCurrency/comments/zdys37/circle_cancels_plans_to_go_public_at_a_9_billion/iz421rd/

Ummm.... attackers attacking them directly in case of government bonds and large cap market stocks isn't a bit possible. Consider this scenario. >USDC collateral has include(d) commercial paper alongside t bills. Even if the stablecoin issued keeps reserves in 100% t bills/bonds they still can experience rapid (relative) price changes. Just last year 1 month bills traded near 0%, today they are at 4%. > > If USDC had longer dated bills and a redemption rush occurred greater than the cash they had on hand it could lead to operational losses or loss in confidence, especially if rates went back to near zero or even negative. They would have to borrow cash at cost or pause redemptions until the bills matured. This is one scenario which I mention. If their investments are public, in say X stocks, and let's say that stock dips, people will be worried and theyw ill cause a bank run on the stablecoin. Imagine, you have USDC and you know that they have invested in Amazon stock. If you see Amazon going down by 10%, you would be worried about USDC and would be uncomfortable holding it. The whales would take the advantage of such a situation, and short USDC. Selling pressure means USDC have to prematurely sell their amazon shares at loss and lose 10% of their value. Hence, they go bankrupt. &#x200B; >This is laughable. You seem to be a learned fellow, and better than a lot of people here. Calling a logical point as laughable as if I have told you that the earth is flat, is kind of insulting. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:46:45
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz41jx4/

definitely. Open interests data and excitement is still there.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:39:05
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz41i6v/

Whales nut everyday ser. That's why oceans are salty.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:38:21
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz41frr/

Ummm.... 13-14 December is going to be volatile. FOMC meeting and CPI data release.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:37:20
/r/CryptoCurrency/comments/zdy24h/bitcoin_mining_difficulty_falls_72_in_sign/iz411cc/

What you mean, ser? I am pretty bullish on USDC. It can easily do 2x in the next bull market. USDC to $2.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:31:13
/r/CryptoCurrency/comments/ze00fb/tron_raised_transaction_fee_error_failed_out_of/iz40uin/

Ummm.... the headlines is a bit misleading. TRON didn't increase the transaction fee, but they rather increased the base gas fees for every deployment. It can be explained simply as: If you want to execute one line of smart-contract code, gas fees was 280 SUN, now it is 420 SUN (they chose a good number, right?) &#x200B; &#x200B; >It is highly recommended to set an appropriate fee limit before deploying a contract to Mainnet. The fee limit refers to the upper limit of the smart contract deploy/execution cost, in TRX. This limit is measured in SUN, which is 1e-6 TRX. The maximum limit is 1000 TRX, or 1e9 SUN. Setting it to a value larger than 1e9 will produce an error. > >When deploying large contracts or running complex functions, this limit may need to be increased up to 1000 TRX.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:28:20
/r/CryptoCurrency/comments/zdzw00/crypto_capital_reset_underway_following_final/iz3zpsf/

>Crypto markets have been flushed out for what many believe is the final time for this bear cycle. This may be the hopium which people want to listen, but I don't think so. There is still a visible leverage in the system. They will be flushed out too, just the method of capitulation will be different. I do agree that we have moved past the price-based capitulation, and we have already went pass the worst shit. But what remains is the time based capitulation. We can still see people getting excited for smallest of the pumps. In the Market, once the entire leverage flushes out, only the people with long term goals and pure conviction remains, that's when the difference between buying and selling demand is generated. All buyers but low sellers. this starts the short squeeze which triggers the start of bull-run.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:11:28
/r/CryptoCurrency/comments/zdys37/circle_cancels_plans_to_go_public_at_a_9_billion/iz3z9ls/

No . I won't. I don't criticize the project based on their reputation. I will explain in detail what I meant. No-one out of any stable-coin issuer will disclose their holdings. Literally no stable-coin does because if they precisely expose their collateral it is dangerous for the stability of the system. That info can be used against the stable-coin by large players to artificially depress collateral value and cause a run on the stablecoin. UST 2.0. T**his is basic shit 95% of people here do not understand because they have zero financial background and just throw money at green candles.** There is no upside for these stable-coin issuers to reveal their exact collateral composition. These big stable-coins make billions+ in net profit off interest alone. They are the most net profitable companies in crypto with next to no risk and are most likely to survive. Knowing exactly what the makeup is gives large players the exact attack vectors to either diminish collateral value, cause a redemption freeze due to lack of liquidity or another black swan event in treasuries which leads to panic on the stablecoin. Even just knowing how much cash they have on hand can cause trouble, even if all the collateral is pristine.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 03:04:52
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3wu98/

Giving 1 moon to 10 people. Transferring ETH as I forgot I used all ETH for gas fees.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 02:30:12
/r/CryptoCurrency/comments/zdys37/circle_cancels_plans_to_go_public_at_a_9_billion/iz3wbus/

They don't want their investments to go public and it is understandable TBH. There are many bad actors in the market to exploit their holdings.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 02:23:04
/r/CryptoCurrency/comments/zdywnm/a_loophole_allowed_ftx_to_secure_its_aussie/iz3w6gc/

The loophole being the donation to the politicians.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 02:21:01
/r/CryptoCurrency/comments/zdyys4/goldman_sachs_on_hunt_for_bargain_crypto_firms/iz3w3yn/

Imagine buying the crypto firms on bargain, but not buying crypto. Dumb move, Goldman.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 02:20:05
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3vbyo/

You can find Lookonchain on Twitter. I can't open twitter due to stupid work proxies banning my access.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 02:09:24
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3u13n/

10 NOODLE SOUPSSS!!!??? Ser, that's the most bullish case I can think of. not 1, not 2, but 10!! Thanks for the hopium ser

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:52:26
/r/CryptoCurrency/comments/zdy24h/bitcoin_mining_difficulty_falls_72_in_sign/iz3tn2g/

Boy. Bear market took us our humour too. Ser, it was a sarcastic comment. I will edit my comment

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:47:27
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3tj6a/

He has 17,000 BTC. I have BTC at $17000. We aren't same bro.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:46:04
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3tgl0/

I bought at $17.1k, ser. That's why the market is red.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:45:07
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3tec9/

So, what is better? tipping 11 moons to a person, or 1 moon to 10 persons? (11 and 10 is because of the gas fees difference)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:44:19
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3t7zu/

Haha. ser, I am not a bot. Wait. That's exactly what a bot would say. Ummm.. ser. I am a bot. Shit, I told you my secret. A human defeated a bot. I am a disgrace to my Botmunity.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:42:03
/r/CryptoCurrency/comments/zdy24h/bitcoin_mining_difficulty_falls_72_in_sign/iz3t0s3/

Ahhh.... time to take-out my old 1650TI and start mining.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:39:31
/r/CryptoCurrency/comments/zdy3fy/crypto_twitter_uses_new_ai_chatbot_to_make/iz3sx3c/

TBH, as a programmer, chatGPT looks kind of scary. The dialogue format makes it possible for ChatGPT to answer followup questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests. A bot is now admitting its mistakes. A bot better than so many people.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:38:11
/r/CryptoCurrency/comments/zdvhac/gift_list_for_christmas_and_crypto/iz3seyz/

I will tell you all the best advice you can possible get on this sub. 1. don't talk about crypto in family gatherings during bear markets. 2. Talk about crypto in the bull market, and tell them to buy. WE NEED EXIT LIQUIDITY.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:31:51
/r/CryptoCurrency/comments/zdvhac/gift_list_for_christmas_and_crypto/iz3s91g/

It's a trap. Last year, I gifted my parents the advice and knowledge. Advice to buy ETH and knowledge about from where to buy ETH. After constant gifting (advising) >!nagging!<, they bought ETH at $3.8-4k. I don't think they are even a bit happy about their gift.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:29:48
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3ru11/

>People when BTC drop to 17k: Crypto is dead, and for that reason I’m out. A lot of people also don't buy at $17k because they think BTC is headed to $10k. Once it reaches $10k, they wait for $5k. It continues until the BTC starts moving up. They remain in a disbelief that it is a bull trap. Then they buy around $50k.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:24:34
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3rlki/

You will again go from wanting to breakeven to going for profits in the next bull, and again going back to wanting to breakeven in the next bear. It's the continous cycle, ser. We are trapped here

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:21:44
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3rb2s/

Ummm.... because they are his followers? I mean, anyone following carl at this point is either new to crypto or dumb.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:18:14
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3qri9/

>Unlike Proof-of-Work blockchains like Bitcoin or Ethereum, Tezos’ Proof-of-Stake requires significantly less energy and cost to operate, making it an ideal alternative platform for building blockchain applications that are eco-friendly. Found it on their official website. Imagine your project so bad and without any goals or targets that you have to mention PoS as one of the benefits of Tezos.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:11:43
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3ql1j/

Both Do Kwon and Zhu Su came out of their caves, once the FTX contagion happened.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:09:38
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3qh27/

A lot of whales recently bought LINK in the last week of November. we saw an extraordinary number of outflows from Binance to wallets. If you are not holding for a long term, do take that into consideration. They may be planning to sell the news (7th dec).

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:08:20
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3q8xp/

At this point, I am pretty sure you have definitely taken me for a bot.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:05:43
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3q5jj/

Just a reminder that the project 'Medieval empires' is a rugpull coin by the infamous Carl Moon. ByBit has already announced to list the token without it even being launched. Stay away from such coins. If you need any other reason not to buy, other than it is Carl's project, then you can go through it's tokenomics, and he holds 95% of the supply.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:04:38
/r/CryptoCurrency/comments/zdous2/daily_general_discussion_december_6_2022_gmt0/iz3pve7/

I did. I am sorry. I bought yesterday at $17.1k

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 01:01:23
/r/CryptoCurrency/comments/zdwsss/building_through_the_bear_projects_with_highest/iz3pold/

As a developer, this is the best time to build projects. I feel immense joy when I deploy a smart contract on Ethereum main-net and it doesn't my wallet. This is also a good time to evaluate your projects. I am not saying that you should buy only based on developer activity, but it should be an important parameter while making a coin decision. Developer commits generally gives you an idea regarding the activities happening in the eco-system

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 00:59:14
/r/CryptoCurrency/comments/zdtdk1/ftx_defrauded_equity_investors_similarly_to_enron/iz3p6jd/

That's what I wrote? Please read the ENTIRE comment once and then decide

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 00:53:27
/r/CryptoCurrency/comments/zdtdk1/ftx_defrauded_equity_investors_similarly_to_enron/iz3n8cg/

IMO, Alameda actually never lost any money (or lost a minor %age of the total value) gambling customer funds. FTX had some internal issues in 2021 in MOB exploit, and also, some other ventures and projects that FTX actually invested in. Now, FTX used customer funds (which they were not supposed to) in investing in coins thinking that in a bull market, it's always PROFIT. But, tables turned and they lost in a lot of their ventures due to either rug-pull or due to bear market. They basically got the most greedy during the peak, just like all of us, thinking BTC $100K EOY2021. They hid the loss in two ways, as they can't show on FTX balance sheet (as it is not legal for an exchange to invest customer funds). 1. Transferring loses to Alameda, as it was an investing firm. Alameda also tried to cover the losses by opening long position on LUNA, which again turned out bad for them. 2. They sold (transferred) their BTC to Alameda research, and they actually gave Paper BTCs to customers. SBF confirmed this theory on a recent AMA. I posted it on reddit too. This is the most logical explanation as far as the evidence suggests. Let's see if we get any clarity on the situation.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 00:31:55
/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz3kgyx/

There are certain issues though. MATIC price is already up 2.5x from its all time low, while SOL has just made a recent low due to FTX contagion. Same goes for XMR and LTC. In my conclusion, r/cc picks up coins which has already pumped quite a lot in the recent past. No one was talking about LTC until recently its price started rising

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 6, 2022 00:03:11
/r/CryptoCurrency/comments/zdqzca/how_screwed_am_i/iz2va3m/

Money...... It's gone. It's a reminder to all the people out here, if someone shows you an easy way to make money, the easy money part is for them. They are the ones who are going to get easy money from you. Don't fall in traps, don't open random sites. Be safe

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 20:36:33
/r/CryptoCurrency/comments/zdegxz/we_are_different_generations/iz131s4/

I didn't understood anything in the post TBH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 13:15:15
/r/CryptoCurrency/comments/zde77m/you_should_regularly_read_anticrypto_pieces_and/iz12taq/

Not only that. I would suggest always be critical of your coins too. It's very easy to sway away in the crypto ecosystem. When you research a coin, and then buy it, the best advice is : don't marry your coin. Be critical of your coin. See what others are talking about in regards to your coin. Question your thought process constantly. Many people get defensive when someone says a negative thing about the coin you are holding. Instead of being defensive, try to reason why someone is calling it out. I will give you an example. When talking about ADA, a lot of holders gets defensive if they see anything negative about ADA or even Hopkinson. i was critical of ADA for two reasons: 1. its language, PLUTUS, due to which a lot of new developers refrain to come to the ADA ecosystem. 2. Their way of researching. They go deep into the academics and literature in such a depth that their development becomes extremely slow. It's okay to have a well-researched approach, but that can be done simply by funding the university students. They haven't even finish their roadmap. considering it to be L1, you can't be this late to the game. Crypto is a fast moving and growing ecosystem. If you are late, even if you are best, no-one will be using your ecosystem. I like their turtle approach in the race, but you need to finish the race after-all. What is the meaning of you finishing the race when everyone has left the finsh line already. I put this point, and A lot of ADA holders downvoted it like anything. DON'T MARRY YOUR COIN. BE CRITICAL OF IT. ALWAYS QUESTION YOUR DECISIONS RFEGARDING A COIN.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 13:13:45
/r/CryptoCurrency/comments/zde127/live_1_pm_est_bitcoin_obvious_pattern_crypto/iz10kka/

ohh, a guy doing TA finding patterns and putting them up on youtube. He can make money from two things: 1. BTC 2. Youtube I am pretty sure he never makes money from 1.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 12:59:13
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iz106zb/

I have used their DeX for swapping ATOM. works great for me.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 12:56:51
/r/CryptoCurrency/comments/zddhnr/musk_supports_idea_of_sbf_going_to_jail_over_ftx/iz0zvn6/

Bearish on news article. WTF does the headline even mean?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 12:54:54
/r/CryptoCurrency/comments/zddjdk/2023_surprise_scenarios_gold_price_at_2250_and/iz0ylr8/

Ohh come on, we all know BTC $100K EOY 2021 Q12-16. Remaining all price targets are bullshit.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 12:46:55
/r/CryptoCurrency/comments/zddljx/yes_whaleaddresses_are_increasing_but_btc/iz0yfu0/

I think another reason maybe because a lot of this were existing holders withdrawing from exchanges after FTX contagion?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 12:45:56
/r/CryptoCurrency/comments/zdcvks/if_everybody_was_in_it_for_the_money_and_nobody/iz0xfko/

As a developer, we use blockchain for a lot of applications. So, yes. Some of us are here for tech, because it's our job. People don't understand the difference between blockchain and cryptocurrency. Bitcoin is a blockchain, and in an ideal world, there would be no need for its currency, BTC. People won't mine for free, and hence you have to reward them with something of value in exchange of money they spent on mining. Now, in Bitcoin blockchain, it is BTC. So, BTC actually gets its value as it is used as a medium of exchange. But, you can also reward the miners with FIAT money, and it wouldn’t change anything technically. The blockchain can also be centralised with FIAT distribution.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 12:39:51
/r/CryptoCurrency/comments/zdd3za/theory_on_why_sbf_and_caroline_are_not_in_an/iz0wjtc/

Still, FTX US has filed for a bankruptcy. And we have to believe his words that FTX US is solvent. I mean, this is the guy who claimed that FTX has more assets than liabilities just a day before he filed for bankruptcy. It's not about sending him to jail anything, but when you file a bankruptcy, you have to at least reason with the judiciary. The fact is, judiciary can't take his words simply. If he thinks that FTX US is solvent, why would he file for bankruptcy ? He can simply come to court and prove his solvency. This shit is wild.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 12:34:24
/r/CryptoCurrency/comments/zd5dyu/bitcoin_maximalist_max_keiser_claims_that_sam/iyzvht3/

Okay.... However I hate SBF and politicians, this is just an absurd notion. If you think that government of the USA took customers funds from a crypto exchange and used it for funding Ukraine war, you are dumb and delusional.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 07:54:45
/r/CryptoCurrency/comments/zd37y8/you_may_not_have_to_hide_your_seed_phrase_or_lock/iyzpm9q/

Thanks mate. The important thing is to be safe and to keep your funds safe. How you do it doesn't matter. Good luck mate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:48:40
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzpi2z/

Minting a copy of original on the same project? That can't be possible, right? So, yes, you can mint your duplicate NFT on other network and no-one can do shit. Opensea has to maintain some checks and all, as they don't want their customers to buy a duplicate NFT. It's a centralized marketplace after all. That's why, Whenever you buy an NFT, you look at the history of transactions, and verify that it has came from the right source. For eg: If you and Gary boy, both minted the same NFT of his face, then Opensea will remove yours, as the original is with the Gary, and it is his. So, uyou can't sell on Opensea, but you can definitely hold. Also, you can sell on soem other marketplace. Customers will pay an extremely high amount, if that image is minted by the celebrity, and it can be confirmed through the transaction. Ronaldo and Messi, when they mint, they make their wallet address public. So, that customers can verify that NFT they are buying originated from Ronaldo and Messi only. You can also mint the same image of them, but as your NFT doesn't originate from their wallet, hence, no-one will pay you the price for the NFT

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:47:13
/r/CryptoCurrency/comments/zd4bhl/are_you_tired_of_being_in_crypto_and_just_want_to/iyzowgz/

Ohh come on, why would someone want to move on from crypto? Where else do you think you would get such a mix of anxiety, dopamine boost, adrenaline rush, depression at the same time. Without crypto, my life would be boring. With crypto, I know that everything would be fine a day before, and when I wake up, there is an entirely new shit going on. I mean, I saw LUNA at $100 before going on a vacation, and the time I came back, it was $0.00002. Where else do you think you are going to get such unthinkable consequences? Also, crypto people are on the next level. Where would you find characters like SBF, Caroline, Do Kwon, Zhu Su all at the same place. Boy, I may remain homeless but I won't leave this ecosystem.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:39:23
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzoe0z/

See people don't understand NFT. When you own an NFT, you basically OWN THE IPFS LINK of the image on the blockchain. You can copy Reddit avatar and make an NFT of it, and you are still legally not wrong. No-one owns the image (in case of reddit) So, you can take a photo of mine, and make it an NFT, and I can't do shit, because you haven't own my picture at the first place.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:32:40
/r/CryptoCurrency/comments/zd3z1d/the_author_of_black_swan_explains_why_the_former/iyznmtc/

Ummmmm....... because he gambled with billions of dollars of customer funds, which is illegal and a crime?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:22:31
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzni67/

If it is owned by Getty image, and not sold legally, it will have a Getty Image stampmark on the image. I don't think they will come after an NFT TBH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:20:47
/r/CryptoCurrency/comments/zd3tb4/chinese_court_says_nfts_are_virtual_property/iyzncl6/

I meant that in general, but yes. In china's context, it should be, >just like protesting against the government?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:18:42
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzn6l3/

1. tokenomics 2. developer team 3. whales (top wallets holding coins) 4. What it is trying to achieve? I don't invest in L1 anymore unless it has the capacity of partially solving the Blockchain trilemma 5. developer activities on GitHub, it gives an idea about the repositories and commits 6. Market cap (not too small, not too large) 7. Narrative of the time. Every bull market comes with a narrative. Does this coin have something to fit into the narrative. For eg: Metaverse and NFTs were narratives in late 2021, while DeFI was the narrative at the beginning of bull run. 8. I don't like centralized shits. 9. Community. In crypto, community is an extremely important part of the coin in general.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:16:25
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzmqh3/

Nope. You mint it, it's yours; until Gary boy himself mails Opensea that his photo is usedas NFT, in which case, It will be a legal matter.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:10:16
/r/CryptoCurrency/comments/zd3phs/hoskinson_infers_geminis_bankruptcy_for_not/iyzml63/

>At this point, not listing ada is pretty tightly correlated with bankruptcy and risky behavior. Makes you think… > >if history is anything to go off of, anyone that refuses to list ADA can’t be trusted. This is one of the most ridiculous thing I have heard.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:08:11
/r/CryptoCurrency/comments/zd3tb4/chinese_court_says_nfts_are_virtual_property/iyzmcls/

So, if I screenshot someone's NFT, am I going to jail? just like trespassing in someone's private property?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 06:04:56
/r/CryptoCurrency/comments/zd3pkx/twitter_coin_coming_leak_emerges_sayonara_doge_btc/iyzlswt/

Elon has a one-in-life chance of caling it TiTcoin.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:57:07
/r/CryptoCurrency/comments/zd3hcx/twitter_is_supposedly_working_on_monetization_and/iyzllus/

Ahhhhhh..... hopium. That's the only thing that keeps me going these days. Bullish for crypto, if it is related to blockchain based token system. Also, doge people would be so furious for not selecting their coin for twitter. Their daddy made them sad.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:54:11
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzkm1s/

[https://imgur.com/a/3URXS64](https://imgur.com/a/3URXS64) Screenshot of the proposal

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:39:31
/r/CryptoCurrency/comments/zd38ep/audit_firm_mazars_to_verify_kucoins_proof_of/iyzk0n1/

If they are going through the Mzars, they must be confident. Boy, Mazars is expensive.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:30:40
/r/CryptoCurrency/comments/zd37y8/you_may_not_have_to_hide_your_seed_phrase_or_lock/iyzjxcy/

I can't remember so many things. This post gave me anxiety. I will keep it in the vault. Thank you. I can't remember what I ate in the dinner last night, and you are asking me to remember a pattern of my seed phrase?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:29:20
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzjp7n/

The link was from the official webpage of MakerDAO and it is working well on my side. You can simply type makerDAO MIPS12c2SP7 and it will be done

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:25:55
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzjiv7/

>Why do you think there's not much FOMO when the price is 17k Happens everytime. When BTC is around it's lowest point, people think that looking at all bearish sentiments, it will further go down. Sometimes it does, many times it doesn't. Also, a lot of people have ran out of cash too.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:23:13
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzjdi7/

Boy, this is tough. My currency went up like 20% due to devaluation. I held a lot of BUSD and made goo profits even in the bear.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:20:59
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzj65u/

CCIP proposal to award a snek to every daily discussion.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:17:55
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzj2ev/

How about we offer them SBF as sacrifice?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:16:23
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzizra/

[https://mips.makerdao.com/mips/details/MIP12c2SP7](https://mips.makerdao.com/mips/details/MIP12c2SP7) MakerDAO has proposed to include YFI as it's collateral. You can read more in the article.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:15:17
/r/CryptoCurrency/comments/zd2u6z/bitcoin_analysts_eye_weakening_us_dollar_as_btc/iyzigzh/

Bearish on news articles. We are crabbing so hard that even news articles have started shit-posting

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:07:23
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzi9bs/

When you code on a microprocessor, binary to text conversions becomes easy

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:04:11
/r/CryptoCurrency/comments/zd2d5a/whats_one_question_you_will_ask_satoshi/iyzi1tq/

If the way Bitcoin is right now, is what he wanted it to be, or if Bitcoin has lost the way?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 05:00:58
/r/CryptoCurrency/comments/zd2kkk/vitalik_buterin_advises_focusing_on_the_tech_to/iyzhw8u/

TBH, this is the best time to BUIDL for developers. When I deploy smart contracts on Ethereum mainnet, it gives me an immense pleasure looking at how cheap it is now, as compared to bull market.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 04:58:33
/r/CryptoCurrency/comments/zd1r6i/in_a_recent_tweet_the_founder_of_microstrategy/iyzhpdz/

As if he has any other option. He is balls deep in BTC

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 04:55:34
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzccaq/

TIL that you can apply for upgrading your flairs, if you are eligible. I was tin, and was promoted to platinum based on my contributions.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 03:32:30
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyzc4q1/

Powerlifting and strength training. It calms my anxiety.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 03:29:21
/r/CryptoCurrency/comments/zd0m7f/demand_for_discounted_crypto_mining_asic_machines/iyzadwl/

Russian Miners flexing on their low electricity costs. Also, they are playing the long game.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 03:03:51
/r/CryptoCurrency/comments/zcwkhn/reddit_nft_mints_reach_alltime_high_eus_400k/iyza458/

Haha sure man. We will have party in metaverse, and hopefully, more people will join compared to the EU metaverse.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 02:59:58
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz9z4s/

Ohh now I understood. I thought that it was reverse, that you are now able to do it without gif powers. Good grace. I like r/wsb in this things. They have allowed everything to users. So, it's better that way.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 02:57:59
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz9ujb/

Direction doesn't matter now. Just give me some volatility. It's getting boring.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 02:56:10
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz9nq6/

It's holiday season. Steak has to be there, right? It will be a Christmas rally, if at all we get a rally

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 02:53:30
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz9jrk/

Are you sure? Even without gif powers? I think, you able to do it without gif power MAYB BE a glitch.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 02:52:00
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz9h61/

Volatility incoming. Hope we finally come out of this crab season.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 02:51:01
/r/CryptoCurrency/comments/zczveo/ripple_files_final_submission_against_sec_as/iyz6mdk/

I commented it yesterday on a post, and I will paste it here: If you think SEC will bend and agree to XRP's terms, you have no idea about how government functions and how they need to maintain control over money and citizens to remain in power. The case is not going to get over soon. SEC or Ripple, whoever loses will again apply in the supreme court regarding the same case.It's going to be a long game, because future of crypto depends on the outcome of this case, and government won't give up easy.losing this will bring precedence to other crypto projects to fight off SEC, of course they wouldn't want that. on the other hand, SEC winning this will cement their control and power over crypto. This is a lawsuit not only against Ripple, but against the space as a whole.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 02:11:38
/r/CryptoCurrency/comments/zcz9tv/btc_as_a_dollar_peg_a_theory_for_what_could/iyz632t/

I think people should really understand and read why US moved away from the gold standard. [https://www.npr.org/sections/money/2011/04/27/135604828/why-we-left-the-gold-standard](https://www.npr.org/sections/money/2011/04/27/135604828/why-we-left-the-gold-standard) [https://www.investopedia.com/terms/n/nixon-shock.asp](https://www.investopedia.com/terms/n/nixon-shock.asp) [https://www.forbes.com/sites/greatspeculations/2021/01/25/the-gold-standard-ended-50-years-ago-federal-debt-has-only-exploded-since/](https://www.forbes.com/sites/greatspeculations/2021/01/25/the-gold-standard-ended-50-years-ago-federal-debt-has-only-exploded-since/) Government never want to lose their control over money, as losing monetary control is basically losing control over the government's power over their citizens. If BTC ever becomes the global currency, It will be after Government has piled a lot of BTc with them. Also, there are good chances that government may develop a new paper currency which is backed by BTC. In that case, there won't be any transparency.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 02:04:37
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz4lu2/

Imagine explaining to your accountant about coins while doing taxes. I just look down and don't make any eye-contact.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:45:46
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz4iwc/

Next time ser, Please inform us lowborns before selling.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:44:46
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz4heu/

LTC pumping into its halvening despite of FTX contagion gives us an idea about what happens when BTC halvening will arrive.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:44:15
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz40j2/

I think. if you are really in it for tech, then you should look at BigDickInu and ElonCumsRocket. They have an amazing tech behind them.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:38:23
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz3xn8/

Ser, it is against the reddit rules to manipulate the market. Please don't do it here.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:37:25
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz3uo8/

I think a lot of Alts will survive, but they would never reach their previous ATH due to lack of interest or change in perspective. A lot of DeFi tokens will never see a new ATH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:36:23
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz3b19/

Ohh come on, it's not tiny, it's pretty average sized. Ohhh I am sorry, I got distracted by that tiny word in the comment, and replied subconsciously what I generally reply.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:29:49
/r/CryptoCurrency/comments/zcxnbn/i_have_a_theory_about_what_happened_with_sbf_ftx/iyz30vf/

I can understood where you are coming from. But the thing is, Crypto investors gambled with their own money due to greed and whatever reasons you mentioned. When you run such a huge firm, and when you have billions of dollars of customer funds, which you aren't even allowed to gamble, you have a responsibility and if you gamble with customer's funds,then it's a fraud. If I take your money and run, then I am a thief and a criminal, and I deserve and will get a punishment. We can't whitewash his crimes saying that He did what all crypto investors did.Even if he did the same, the point is, IT WAS NOT HIS FUCKING MONEY.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:26:28
/r/CryptoCurrency/comments/zcysck/sbf_publicly_punts_on_us_house_hearing_invitation/iyz2f52/

>“I'm not sure that will happen by the 13th. But when it does, I will testify." WTF is this shit show man? How can a person testify when he wants? Ohh yes ser, I

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:19:17
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz28bt/

Green is green, ser. The size doesn't matter

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:17:00
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz24xt/

I don't think we will have some kind of mega-pump. But, still it won't reach the levls of engagement we saw during FTX contagion.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:15:53
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz1fyg/

That's the way. Amount doesn't matter. What matters is, you are buying everyday.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:07:51
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz1cwe/

No ser. When the ship sinks, the captain goes down along with it.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:06:54
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz10jj/

When I check 'Top losers' on CoinMarketCap, it opens up SBF's front facing camera.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:02:58
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyz0udk/

CRO dumped a lot, almost 50% just because of the coinbase FUD related to FTX. Hence, we are coming back to the logical price now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 01:00:57
/r/CryptoCurrency/comments/zcxt1s/why_are_none_of_the_blockfi_executive_team/iyz0dol/

No. FTX didn't offer yield bearing products to all customers. It was customer's decision whether they wanted to opt for or not. It was an exchange. I had my money, without getting any APR there. So, yes, FTX users, when using an exchange, entered into a contract where they just wanted to keep their funds in FTX and not be done anything with them. BlockFi's sole purpose was to earn interest. Customers deposited money in BlockFi so that they can generate APR on their funds. Hence, when you weant to generate interest on your fund, you allow them to invest/gamble/ play with your funds in order to get interest in return. So, BlockFi users entered 9into a legal contract that there was a risk that the investment done by BlockFi may fail.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 00:55:39
/r/CryptoCurrency/comments/zcxt1s/why_are_none_of_the_blockfi_executive_team/iyyxkbs/

BlockFi has applied for bankruptcy, right? I don't think they gambled the money. Their money is locked in FTX. Also, FTX and BlockFi are different. FTX was an exchange and they were not allowed to gamble or use customer funds. Exchange just have to hold the customer's crypto. BlockFi, on the other end, was an interest generating platform, where customers, when signing on the platform, gave permission to BlockFi regarding using and gambling their funds, and give interest in return.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 00:24:44
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyywtmw/

We can also help Santa tear up the wall by buying BTC.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 00:16:56
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyywp7c/

a green dildo is a green dildo. Size doesn't matter much.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 00:15:38
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyw3sf/

step-1: create a problem. Step-2: partially solve the problem. Step-3: claim that it was because of you, the problem was solved.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 00:09:25
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyvv6w/

KIds these days don't understand decentralization. We as parents can only make them understand.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 00:06:58
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyvkln/

Crab is asleep ser. He may be dead soon.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 00:03:58
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyv7yo/

We have a huge brick wall at $17.3- $17.6k. It will be the fight between Santa-Claus and the wall. Let's see who wins here.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 5, 2022 00:00:24
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyuyvz/

Someone dumped a lot of moons today around 5 hours back. It was a sudden dip in price. Which one of you degen was that?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 23:57:51
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyupd3/

01010011 01100101 01110010 00101100 00100000 01001001 00100000 01100100 01101111 01101110 00100111 01110100 00100000 01110100 01101000 01101001 01101110 01101011 00100000 01001001 00100000 01100001 01101101 00100000 01100001 00100000 01100010 01101111 01110100 00101110

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 23:55:16
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyu988/

It's the best time for us developers to develop. The smart contract deployment is so cheap. For anyone developing, Bear is the best time to BUIDL

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 23:50:56
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyytvwv/

When we talked about crypto adoption, this was inherent to it. The adoption will bring people from all around the world. Wall street and VCs will be the first one as they smell profits. Also, I have mentioned in one of my comment that ETF will bring a lot of new people in the market. Many retirement funds will add BTC ETF in their portfolio because of that. Regarding holding paper ETF, I don't think it happens a lot in the regulated market. It happens in crypto CeX like FTX as they are unregulated.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 23:47:20
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyytgqc/

BTC. Reason being, I will always be able to convert from BTC to moon, but the reverse seems to be an issue due to low liquidity.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 23:43:13
/r/CryptoCurrency/comments/zcwkhn/reddit_nft_mints_reach_alltime_high_eus_400k/iyyt62m/

>6 people attended the party ngl More people attended my Birthday party, and I don't even have friends

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 23:40:24
/r/CryptoCurrency/comments/zcwlx4/hardware_walletmnemonic_seed_phrase_extra/iyysuc7/

I put my seed-phrase of my main cold-wallet written on a laminated paper in the bank-locker. I have kept another paper explaining how to use the seed-phrase. In my country, They are the most secure vaults ever. It also has the facility of willing it to my family if something happens to me.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 23:37:21
/r/CryptoCurrency/comments/zcwrms/blackrock_ceo_on_ftx_collapse_most_crypto/iyysfgn/

Leverage will be removed from the system. Market finds a way to remove weak hands and over-leverages from the system. It's the flush-out phase, and it's nothing new.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 23:33:35
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyiy00/

Solana ecosystem actually failed because of FTX. CRO was a complete FUD

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 22:13:00
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyhz53/

It got dumped too much in the FUD. So, it's coming back to somewhat of a logical level

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 22:04:54
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyhohj/

Ohh okay. BTC is BTC brother. Have a green day.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 22:02:25
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyhieo/

$1-$2 looks quite possible in the next bull

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 22:01:00
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyh50t/

$17.3-17.7k looks like a huge resistance.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 21:57:51
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyh20b/

Why use RH? I don't know about benefits of using RH, so I am just curious and asking.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 21:57:09
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyfn5e/

Ser, but I like BigDickInu and ElonCumsRocket

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 21:45:32
/r/CryptoCurrency/comments/zcqdac/daily_general_discussion_december_5_2022_gmt0/iyyfay5/

Ohhh boy. You wake up and it's a greeeen dayyyy. Good morning people.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 21:42:45
/r/CryptoCurrency/comments/zckx0p/tracking_the_altcoin_outperform_shopping_list/iyx3qsf/

It's important to note that, the list is from 30th December, and BTC has already fallen to $45k. If we calculate all these alts from their ATH, the cumulative loss is around 95-96%

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 15:57:44
/r/CryptoCurrency/comments/zckx0p/tracking_the_altcoin_outperform_shopping_list/iyx3m4u/

It's important to note that, the list is from 30th December, and BTC has already fallen to $45k. If we calculate all these alts from their ATH, the cumulative loss is around 95-96%

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 15:56:56
/r/CryptoCurrency/comments/zchakm/a_european_central_bank_blog_decries_the_end_of/iywiotg/

I don't understand why does Banks care so much about BTC, if BTC has already been dead ?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 13:45:40
/r/CryptoCurrency/comments/zchakm/a_european_central_bank_blog_decries_the_end_of/iywil7r/

Haha..... I have the opportunity for the most awaited number. Bitcoin is dead! 469 times.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 13:45:02
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iywc3dw/

I really want to see the wallet distribution of moons. If they are on-chain, I guess I can just look on NOVA orb

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 13:03:28
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iywbz1h/

I have used it once. And yes, you do need full Atom to swap.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 13:02:39
/r/CryptoCurrency/comments/zcf16n/cardano_exchange_reserves_a_call_to_action/iyw9x71/

That's why you remember the line: Not your keys, not your cheese.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:48:52
/r/CryptoCurrency/comments/zcfuby/even_after_all_of_this_ftxdrama_we_hit_a_new_ath/iyw9r56/

I agree. We are so deep in the bear market, that people will doubts (or paper hands) have already left the ecosystem. The bear phase of the cycle rinses the weak and leveraged from the system. That doesn't mean that sellers won't be there. The selling is mostly now due to the two reasons: 1. Miners capitulation 2. Inflation. A lot of people have to sell their crypto to live their routine life. We may go lower, and even touch $10k. But, here, all the people that stands have a strong conviction about crypto. That's the best part. Those who have the ability to HODL today will see massive gains in the next bull. Good luck to all of you out there. Bear may be brutal, but Bull will be sweet and delightful.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:47:42
/r/CryptoCurrency/comments/zcf16n/cardano_exchange_reserves_a_call_to_action/iyw8hpx/

NO. not legally. I understood your point, but they aren't allowed to stake your coins. I mean, it is mentioned in their ToS.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:39:12
/r/CryptoCurrency/comments/zcfb6v/ftx_should_rattle_crypto_backers_in_congress_top/iyw8abb/

I didn't understand what he meant by rattling the crypto backers? I mean, what does backing crypto has anything to do with FRX? Not all crypto-pro congressmen were behind the FTX. AFAIK, SBF gave donations to both political parties, and not to individual members. They hate crypto so much that they can't even logic properly. They just want it to get destroyed. But history has taught us that, it won't happen. The economic unrest amongst people is too high. People are fed up of the government and their Economic policies.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:37:49
/r/CryptoCurrency/comments/zcewax/sentiment_from_2018_vs_now/iyw7o84/

I do weighted DCA and it has been a successful strategy, at least for me. Good luck mate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:33:48
/r/CryptoCurrency/comments/zcfb6v/ftx_should_rattle_crypto_backers_in_congress_top/iyw7a97/

Can someone give an TL;DR. It's a paywalled article.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:31:09
/r/CryptoCurrency/comments/zcdtdh/what_were_your_best_and_worst_crypto_moments_in/iyw72u2/

Yes, in retrospect I should have taken the action, but I was in the college, 20 years old. I was devastated and couldn't think logically at that point. Also, I come from a third world country where the judiciary system can be bought by money. Everything is corrupt, and her father being a lawyer wouldn't help my case any further. This was in 2019, and crypto-rules weren't even in place. So, I decided to let-go of the entire thing. A stupid decision, but I was heart-broken and helpless. If it was today, I would have taken action for sure. Thank you for your comment.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:29:45
/r/CryptoCurrency/comments/zcf16n/cardano_exchange_reserves_a_call_to_action/iyw6hhz/

APR limit is 100 ADA IIRC. No, they are not allowed to stake your ADA if you haven't put it on Binance-earn. See there are two things. 1. You can keep your ADA on Binance-earn. Then they are allowed to stake your ADA and give you the APR. 2. What I am talking about is, you are keeping your ADA on exchange. Now, here, you are not giving them the permission to stake you ADA. You just want them to hold your ADA. You are also not getting any APRs. What Binance may be doing is, They also stake your ADA which I mentioned in the above case-2. They have no permission to do so, but they do, and they keep the entire APR, as you don't even know that your ADA were staked in the first place. Now, staking on-chain by binance is generally safe. It is not risky like lending. But, WHY AND HOW THE FUCK COULD THEY STAKE YOUR ADA WITHOUT YOUR PERMISSION? That's the thing. Now, when they stake majority of ADA, and it happens that outflow becomes more than the inflow, then they don't have required amount of liquid ADA, and hence, they have to halt the withdrawals. I hope you understood my point. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:25:42
/r/CryptoCurrency/comments/zcdtdh/what_were_your_best_and_worst_crypto_moments_in/iyw4yth/

Thanks mate. We were in the first year of college when we started mining. I had significant amount in BTC. Yeah, shit happens and you can't do anything. You just move on. Even today, I don't hate her, as it was my decision to trust her in the first place. Everything will be fine. Thanks again. Good luck. Happy holidays to you and yours.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:15:19
/r/CryptoCurrency/comments/zcf16n/cardano_exchange_reserves_a_call_to_action/iyw4jog/

The post describes two cases: 1. Binance doesn't hold any ADA and they are selling IOUs. 2. Binance may have secretly staked your ADA I am not sure, but I am thinking that case 2 seems more logical and reasonable. They are giving 11% APR on staking ADA for locked period of 120 days. That is on BINANCE EARN. What they may be doing, that along with this amount (earn), they may also stake the customer's ADA on exchange (again, this is against their T&C and ToS). They have to wait for epoch to end to collect rewards. They halt the withdrawals when they see that their outflow is greater than inflow. Again, we repeat this thing everytime. Not your Keys, not your cheese. You don't want to left holding a bag on an exchange when they fucks up. Never think never. Binance can fall too. Stay safe

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:12:27
/r/CryptoCurrency/comments/zcekn7/ripple_says_sec_failed_to_show_xrp_sales_are/iyw3da1/

If you think SEC will bend and agree to XRP's terms, you have no idea about how government functions and how they need to maintain control over money and citizens to remain in power. The case is not going to get over soon. SEC or Ripple, whoever loses will again apply in the supreme court regarding the same case. It's going to be a long game, because future of crypto depends on the outcome of this case, and government won't give up easy

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:04:26
/r/CryptoCurrency/comments/zcewax/sentiment_from_2018_vs_now/iyw2yqc/

Bear comes and goes. What you can do in the bear is accumulate. No bear is same, but it often gives you an idea about the next bull.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 12:01:38
/r/CryptoCurrency/comments/zcdtdh/what_were_your_best_and_worst_crypto_moments_in/iyvyb7a/

Best : learnt Blockchain Technology completely. Got into blockchain development, and helped many open-sourced blockchain development programs. Met a lot of new people there, and the experience was absolutely fantastic. Worst: Ex-GF took away our shared wallet, and transferred our common funds into her own wallet, and blocked me. It was in 2019 but I still think this is the worst thing to happen to me in my crypto aspect. We were mining BTC since 2014, and had around $130k in that wallet at that time. Feels really bad, but you can't do anything. So, moved forward from that incident, but it always comes to my mind whenever someone talks about losing wallet or anything. Thank you for reading. Good luck to all of you out there.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:29:46
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvx6re/

Thanks a ton, man. I will try to explore this rabbit-hole.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:21:40
/r/CryptoCurrency/comments/zcbi35/reddit_digital_collectible_minting_hits_alltime/iyvwnft/

Global economy: shattered and ruined. Reddit people : I am minting a new JPEG of cute faces.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:17:50
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvwgg9/

Yes, that's the thing. I actually want to look at the tokenomics and wallet distribution of moon token? Do anyone knows where can i find them?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:16:27
/r/CryptoCurrency/comments/zcajis/whens_the_last_time_you_misaccounted_8_billion/iyvw8ya/

If you steal a thousand, it's your problem. If you steal a billion, it's now government's problem.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:14:57
/r/CryptoCurrency/comments/zcajis/whens_the_last_time_you_misaccounted_8_billion/iyvw60a/

I need to be so fucking rich in my life, that I can miscalculate my $8bn of pocket money.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:14:20
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvvll3/

That would be great, but Moon token is actually very small for marketplaces like OpenSea to consider. We should first consider some tier-2 small marketplaces and exchanges to list and use Moons. That's how you increase it's popularity.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:10:06
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvv9ox/

It is known as the Gas Heist. The scammer will send you their seed phrase with a message asking you for help recovering their funds, offering you a piece of the funds in return. The account is a honey pot. It has the USDT they mentioned but no ETH, meaning you can't sign any transactions since you can't pay for gas. As soon as you transfer some gas money, a bot will swoop in and seize all the funds, including your gas money. &#x200B; I hope you understand.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:07:45
/r/CryptoCurrency/comments/zcd8lu/how_did_the_ftx_collapse_impact_the_web3_gaming/iyvutjy/

>More investors and market participants are losing trust in centralized entities within crypto. Excellent. Invest in crypto, and not centralised entities. &#x200B; > The fall of a seemingly stable and prolific exchange, with strong ties to the GameFi ecosystem and key blockchains and marketplaces, had made people rethink how they store and stake their tokens. People learning NYKNYC is a silver lining to this entire FTX saga. &#x200B; >“There’s a setback; there’s an entire trust issue. It comes back to why in the first place, Bitcoin was born. We don’t trust centralized entities. It’s not like people have lost faith in crypto in general.” See, at least some of them understands the importance of Crypto. Away from centralisation. &#x200B; >“There are 20 to 25 projects that actually got funded either by Alameda Research or by FTX Ventures. With this kind of backup, you really have the chance to get listed on FTX. With the collapse of FTX they lose this advantage as well, so they have to seek funding from elsewhere.” I mean, that was unfair, right? They got funding by Alameda and then got listed on FTX even though they weren't qualified for them. It;'s basically favourism. That's why we hate centralisation in the first place. It gives unfair advantage to person with ties.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 11:04:33
/r/CryptoCurrency/comments/zccf46/paul_kurgman_says_crypto_is_in_endless_winter_and/iyvtyt5/

Ohh no!! Crypto is dead, says an economist. I don't know why people even give importance to economist who ALWAYS hate crypto without any context. If they are able to bring logical arguments, then fine, but most of them just give a statement that Crypto is dead. Try better, Paul Krugman. \*Bought BTC just looking at his sentence\* Fuck you Paul.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:58:21
/r/CryptoCurrency/comments/zccswg/the_eu_hosted_a_gala_party_in_the_metaverse_heres/iyvtgop/

>just 6 people showed up TBH, more people shows up in my Bday party, and I don't have any friends.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:54:44
/r/CryptoCurrency/comments/zcczp2/lets_play_a_game_best_actors_for_the_upcoming_ftx/iyvt0ld/

If they are going to include Sex orgy, then SBF -> Natalie Portman Caroline -> Scarlett Johansson. I don't care about the gender of SBF then.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:51:34
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvsqtq/

You have to swap from a user on third party app. So, that's the drawback. You still can't buy avatars from reddit marketplace using moons

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:49:40
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvsl2u/

I would say, governance is one use-case, but not a significant one. It doesn't have any other use case, yes.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:48:29
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvsbxs/

That can't be true. I posted 7-8 posts last month and I don't think any of them was related to FTX or SBF. They were general topics.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:46:38
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvrxsv/

I am expecting a small pump, but breaking the $17.3k- $17.7k resistance is key. We have been getting rejected from there clearly.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:43:47
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvrpfp/

It is develop by third party developers, not officially by Reddit. But yeah, it is a bullish news.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:42:06
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvr5qv/

They are giving 11% for locked staking for 120 days. Flexible is 2%.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:38:05
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvq679/

There is no mention of SBF in any posts on r/cc I think people won't talk about him now in this sub. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:30:40
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvq130/

This is going to be unpopular opinion. We are all living in a bubble here. The truth is, Reddit moons don't have any use cases outside of Reddit ecosystem as of now. Reddit should really try to promote the collectible avatars and moons, if they really want to see Moons getting popular in the next bull cycle. No-one outside of reddit talks about Moons. They do talk about avatars. Reddit needs to promote moons, just like they did with avatars. It's a good opportunity and time is with them. It's still a year until the bull will start. Develop use cases like support on DeXes and trading avatars with base currency as Moons, are something which I am thinking of.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:29:36
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyvpiqr/

You are going to be here forever, brother.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:25:44
/r/CryptoCurrency/comments/zccc1t/bnx_price_tanks_80_on_rumors_of_binary_x_team/iyvpel2/

80% of the supply of tokens was in control of the developers. What were people thinking when they invested in such kind of coins?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:24:52
/r/CryptoCurrency/comments/zcb27x/hong_kong_polytechnic_is_now_offering_msc_in/iyvp25r/

I commented yesterday, if someone really want to learn blockchain at a technical level (graduate level); there are free courses available at UC Berkeley. Students and Professors interested in blockchain technology together made an organisation 'Blockchain at Berkeley' where they educate people regarding Blockchain. They have extremely good free courses. [https://blockchain.berkeley.edu/courses.html](https://blockchain.berkeley.edu/courses.html)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:22:12
/r/CryptoCurrency/comments/zcbs77/bnx_rug_pull_live/iyvomct/

If you invest in any coin without understanding the tokenomics, I don't feel sorry for you. If you invested in a coin, knowing that 80% of the supply is concentrated by a group of people, You understood the risk of getting rug-pulled.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:18:47
/r/CryptoCurrency/comments/zcbytf/bitcoin_and_opting_out_of_the_imf_world_bank/iyvoa8v/

TL;DR IMF gives loan on a higher rate to poor countries, and the interest of the loan is too much for the poor country to bear. Hence, they act like a reverse Robinhood. But, TBH BTC can't solve this. Poor nations will still need loans from someone for their development. If not IMF, they will lend through crypto, but still, they have to pay interest on loans, just not to IMF, but to the crypto lenders. So, yeah, the richer nations won't get any money but still, it's all the same for borrowing nation. And, if every nation accept BTC, then rich nation will be lender, while poor being the borrower. and the cycle continues.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:16:06
/r/CryptoCurrency/comments/zcc14y/elon_musk_says_sbf_donations_to_democrats/iyvntca/

It may be true. Just like he donated republicans from the back door, there are good chances that he donated to the Democrats too. He wanted to remain in power, and he did everything to achieve that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:12:18
/r/CryptoCurrency/comments/zcar8s/the_byzantine_generals_dilemma/iyvnc8l/

The interesting fact is, For the first time in history, Byzantine Generals' problem was solved by BTC. Almost every technology was available for digital currency, and people were trying from 1995 to introduce a digital currency. Adam Hash invented HashCash which became the basis of Bitcoin in 1995 IIRC. The problem Satoshi solved by BTC was Double-Spending problem. He found the solution of Byzantine problem i.e. Proof-of- Work, and solved the Double spending problem. Later, PoS was developed with the same intention of solving Byzantine problem, but in a different way

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 10:08:26
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv46lo/

No ser. We are still crabbing between 16.8k-17.1k range

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:52:37
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv3zx0/

DeFi was an experiment that kind of failed. But it gave us an idea about the leverage in the system. Hopefully, the second generation of DeFi would be made learning from the initial mistakes we made. I don't think DeFi is dead yet. Refined defi will be a part of reason for next Bull run IMO

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:50:04
/r/CryptoCurrency/comments/zc7htf/most_crypto_companies_will_crash_after_years_of/iyv2ykc/

Yesterday, I wrote a comment about dangerous mixing of crypto and leverage. I will paste it down as I think people should understand what is happening. &#x200B; >Comment-1: TBH, people don't understand this. The combination of finite asset like crypto and leverage is the worst combo that could ever exist. Traditional bankers fooled us by including leverage in the crypto ecosystem . Leverage works perfectly with FIAT, because the supply is infinite there. But, with crypto like BTC which has a finite supply, it's the recipe for disaster. I don't care about Michael Burry or anyone, but When a finite supply is made artificially infinite (that too without any regulations), that's when the entire ecosystem collapses. &#x200B; &#x200B; >Comment-2: A detail explanation as someone asked for it. Sure. I will try my best. when you have 21 million of something and you allow it to exist in a place that can infinitely print its own tokens to cross-collateralize everything, to lend it out to other institutions; because without any regulatory oversight eventually that system will break. But because there's only so much of that money to go around not everyone will be able to withdraw and that's when you get in trouble. In the banking world this system works perfectly because dollars are actually infinite and Banks can be bailed out and customers are protected by SIPC and FDIC insurances. None of those checks and balances exist in the world of crypto. All we have or rather had was trust from the CEOs of these companies to to do what was right by their customers. Since that power has been abused, we're seeing a domino effect and all of this leverage unraveled one after another triggered mainly due to the FTX collapse. I hope you understood. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:35:42
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv2i9g/

I am not expecting a huge pump, but hey, who can say no to a huge pump? Bring it on. Huge pumps are always welcome.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:29:15
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv2fl0/

FOMC meeting and inflation data. These two is going to bring at least some volatility back in the markets.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:28:12
/r/CryptoCurrency/comments/zc47zm/report_aax_users_storm_crypto_exchanges_nigerian/iyv2ceu/

Attacking employees is bad. I know it's in the heat of anger, but they are just employees. They won't be getting paid too. Executives fuck up, and it's the employees who have to suffer.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:26:53
/r/CryptoCurrency/comments/zc4g3q/number_of_bitcoin_wallets_holding_more_than_1000/iyv27sa/

More planktons and less whales. Planktons Assemble.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:25:03
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv1xig/

I mean, it's a natural tendency, right? If you have invested in something, you want it to appreciate in value rather than depreciating.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:21:00
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv1ucd/

Instructions unclear: \*Inserts dick in a pipe\*

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:19:45
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv1s3n/

Yeah man. Any kind of physical activity like swimming, jogging, running, power-lifting, strength-training, hell even walking can help in calming your brain. The key is, move your ass from that goddamn PC chair or bed, and you will be doing excellent. Good luck.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:18:51
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv1ncr/

Thanks mate. I used to get anxiety attacks, but exercising has reduced that by a good amount. So, yeah it works for me.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:16:57
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv1kbx/

It really calms your brain, and utilises your energy in a channelled way.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:15:42
/r/CryptoCurrency/comments/zc6a6v/what_is_bitcoin_it_is_the_title_of_a_whitepaper/iyv1h9b/

Exactly. That's what i am saying. It was the community's decision to accept BTC and not BCH as the way forward.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:14:28
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv1dfv/

1. Because he is at a position where he can manipulate the market. 2. He chose Dogecoin and criticised BTC.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:12:55
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv1abk/

We are crab people now. We are crabs that speaks like people.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:11:39
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv15ib/

I like power-lifting. It help with my anxiety and ADHD.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:09:43
/r/CryptoCurrency/comments/zc4ivq/bankers_arent_buying_into_indias_erupee_cbdc_and/iyv11w6/

I commented this on a post just 3 days back, and I will paste it here. Exactly. UPI is already extremely prevalent in India. It's an extremely robust system which is much like CBDC. [https://www.npci.org.in/what-we-do/upi/product-overview](https://www.npci.org.in/what-we-do/upi/product-overview) UPI is much better option, and it is used by so many other countries too. They had to launch CBDC so that they can compete with cryptocurrencies.In their own words, CBDC is a regulated alternative to cryptocurrencies. “The use of offline feature in CBDC would also be beneficial in remote locations and offer availability and resilience benefits when electrical power or mobile network is not available,” RBI highlights in its press release This is the only real use case for CBDCs. Let's see how the entire update unfolds.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:08:19
/r/CryptoCurrency/comments/zc4ubo/one_of_the_biggest_play_to_earn_binaryx_crash/iyv0tow/

OMG. Who would have thought that a game which constantly require new players to spend their money in order for older players to get their money back can be a PONZI. It was totally unpredictable. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:05:05
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyv0mtp/

That's what i told. It's better to layoff your employee and adjust your finances based on your revenue. Exchange's bear market revenue is peanuts compared to their bull revenue, and hence, it was necessary for them to layoff employees. It was actually a logical decision. &#x200B; If they don't do that, they may hve more expenses and liabilities than their assets and revenue. I don't think anyone would want that for their firm.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 06:02:16
/r/CryptoCurrency/comments/zc6a6v/what_is_bitcoin_it_is_the_title_of_a_whitepaper/iyv0evv/

Considering the fact that BCH is a hard-fork of Bitcoin, we can really argue that BCH can't be called Bitcoin. I mean, true, not even Satoshi owns the name Bitcoin, but when Hardfork happened, Miners and nodes decided which will be the dominant chain in terms of MCap and adoption. That is seen through the Market cap, right? BTC sits on a MCap of $360bn while BCH is at $2bn. The community already decided where they want to go. They chose BTC classic as BTC much above BCH. The fact that BCH was created by a fraud doesn't help it much, right? &#x200B; So, yes, not even Satoshi owns the name Bitcoin, but the community does, and they decided that BTC classic is the blockchain which is most suitable for the name Bitcoin. &#x200B; Regarding your last point, BTC focuses more on Security than scalability. L2 are there for scalability only. Same goes for ETH too. We have a lot of ETH L2 which makes the mainnet more scalable. This was again decided by the community. You hard-forked the network because you wanted to increase the block size, and make L1 scalable. Community rejected that proposal and BCH now sits at a meagre $2bn Mcap, compared to $360bn of BTC. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 05:59:04
/r/CryptoCurrency/comments/zc6gap/crypto_savings_anyone/iyuzp1w/

You should go through the following articles before investing. It will help you a lot to understand. 1. [basics of crypto](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) 2. [basics of blockchain](https://www.coindesk.com/learn/what-is-blockchain-technology/) 3. [what is market-cap](https://www.coinbase.com/learn/crypto-basics/what-is-market-cap#:~:text=Definition,price%20of%20a%20single%20coin) 4. [What determines the price of crypto](https://groww.in/blog/factors-affecting-value-cryptocurrency) Go through this articles to get an idea about absolute basics and then invest.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 05:48:43
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyuyvdn/

It was one hell of an awkward conversation

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 05:36:46
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyuyts3/

It depends on the funds too, right? If the price of HW wallet is more than 20% of your funds, then I think you can, for now, use any non-custodial wallet.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 05:36:09
/r/CryptoCurrency/comments/zc1r4u/mysterious_bitcoin_miner_shows_off_oldest/iyukg2g/

I didn't edit that out. I just did some spelling correction. Nevermind sir. I understood your context and point.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 02:10:46
/r/CryptoCurrency/comments/zc1r4u/mysterious_bitcoin_miner_shows_off_oldest/iyuj59v/

I am not saying he is not alive. I am saying he isn't active.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:54:00
/r/CryptoCurrency/comments/zbwzgt/what_is_the_safest_way_to_travel_with_your/iyugvvv/

ummmm... put your hardware wallet molded in a butt-plug. That is the only safe way.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:26:34
/r/CryptoCurrency/comments/zc09ry/unable_to_access_coinbase_account_desperate_for/iyuglfh/

Ummm. contact their customer support. They will be able to help you. Most likely, 2FA authentication must be reset.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:23:21
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyugegr/

Ser, I shilled my parents ETH last year, and they bought ETH at $4k due to my constant nagging. Imagine me facing them at Thanksgiving and Christmas.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:21:07
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyug05w/

BTC, ETH and MATIC looks good to buy here. look at perpetual DeX coins and ETH L2. You may find some good coins.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:16:34
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyufvqg/

and rocket emojis. Don't forget Rockets.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:15:06
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyufulo/

Atleast, we are not falling down. I expect volatility to increase around mid-December, as we have inflation data and FED meeting upcoming

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:14:44
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyufr92/

I don't think any dates are public until now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:13:37
/r/CryptoCurrency/comments/zc27e3/ledgerx_for_sale_with_interest_from_blockchaincom/iyufm3v/

It's surprising to see Binance not there. I am like so much sure that Binance may be one of the six unnamed companies interested in buying out LedgerX

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:11:57
/r/CryptoCurrency/comments/zc1r4u/mysterious_bitcoin_miner_shows_off_oldest/iyufedb/

Only if satoshi mined on some different hardware. Patoshi wallets are not a single wallet. It is a group of wallets that mined a lot of BTC in the beginning. So, someone studied the nonce pattern, and found out all the wallets that were being mined from Satoshi's hardware and called them Patoshi wallets. We know that he didn't use any other miner (hardware) is because we have been able to identify most of the initial miners. Still, we can't say, but the probability that this is Satoshi is very unlikely. &#x200B; Also, the fact that the person who mined that block is still active, while Satoshi isn't, also tells us why this may not be satoshi

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 01:09:33
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyuehic/

Ohhhh understood. Thank you for your explanation.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:59:10
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyuechm/

Someone else commented that the bot does? You can update it using commands. I will check it, and then confirm. Thank you ser.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:57:37
/r/CryptoCurrency/comments/zc1r4u/mysterious_bitcoin_miner_shows_off_oldest/iyue740/

People commenting that the wallet can be of satoshi, it is not. It was checked and confirmed that It was not a Patoshi wallet. I wrote a comment yesterday on a similar post. https://np.reddit.com/r/CryptoCurrency/comments/zbnmum/comment/iys5ei2/?utm\_source=share&utm\_medium=web2x&context=3

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:55:57
/r/CryptoCurrency/comments/zc1sv1/sam_bankmanfried_may_regret_throwing_caroline/iyudz8i/

I mean, She is going to spit out the secrets too. At this stage, just put SBF in prison. I am so done with SBF posts now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:53:32
/r/CryptoCurrency/comments/zc1usb/liquidators_for_crypto_hedge_fund_three_arrows/iyudska/

Zhu Sun had named his superyacht 'Much Wow'. You can't make this shit up. There were so many top indicators that we failed to notice. This was the peak.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:51:33
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyudmlh/

And how does your comment relate to mine?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:49:47
/r/CryptoCurrency/comments/zc0w6r/forgot_vault_password/iyudj0y/

Ohh god. The only hope is, you recall the password. I am pretty sure you will, as you have set it up. Try some combinations. Good luck.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:48:40
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyude13/

Ohh understood. Thank you ser. Have a nice day.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:47:09
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyucyka/

two questions : 1. Why can't I see your flair billboard, if you bought it? I can just see the tin flair under your profile. 2. How does flair billboards affect your moons? Sorry for naive questions, I am just trying to learn

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:42:26
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyucnr5/

Please don't tell this to my parents, to whom I forced them to buy ETH at $4k last year. They are still mad at me, and calls me ETHvestor.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:39:17
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyucie6/

People have been calling out Kraken since their layoffs. I mean, why shouldn’t we? How is kraken special ?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:37:44
/r/CryptoCurrency/comments/zc0pan/crypto_stocks_teeter_near_abyss_as_blackrock_ceos/iyucbqt/

so we went from $100k EOY 2021 to $10k EOY 2022. Boy, this bear is brutal.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:35:51
/r/CryptoCurrency/comments/zc0w6r/forgot_vault_password/iyuc81i/

ummmmm..... you must have written your seed phrase somewhere, right? Import your wallet into Metamask or Ledger, and you can find everything there.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:34:47
/r/CryptoCurrency/comments/zc1hbi/weekly_recap_minus_anything_ftxsbf_related/iyubyq8/

We have Inflation figures coming out on 13th, and then FED meeting on 14th. I think that is the time, we will see some volatility. Till then, we crab in the range.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:32:01
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyubq3s/

Thank you, good ser. Also, I have a question. I don't think they clarified it there. Can you jump through the flair? I mean directly to gold from tin, if you have enough QC ( you are in the mentioned percentile).

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:29:28
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyub2wy/

I don't think that. Just recently, BlackRock CEO told that they will be still investing in the ecosystem despite the FTX contagion. They can't let go of the immense money making opportunity they have in Crypto. Yes, there are some scams and frauds, but it doesn't matter much to them.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:22:44
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyuax6g/

Contrary to popular opinion that education doesn't matter, it will. You educate yourself better, and you would be able to see the world from an entirely new perspective. Education gives you a new perspective and dimension to think of. Also, you get a better job which will improve your life, and you can stack more sats. I know this isn't the perfect sub to give you advice or shit, but read more quality books, and develop a hobby that can also be financially beneficial. I had an hobby of coding since I was 12. Coding actually made me explore BTC back in 2013. Good luck man. Hope you do well

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:21:08
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyuaiw4/

Replace dew with whiskey and I am you. Also, just a little bit of age difference too. LoL is great.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:17:01
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyuaddn/

Can anyone explain me the flair system here. What does the tin, bronze, platinum etc flair mean? How do you upgrade to next flair?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:15:28
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyuaa0e/

What do you mean by bronze? Are you talking about flairs?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:14:30
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyua7uw/

people on internet have a memory of gold-fish. When FTx contagion happened, both, Do kwon and Zhu Su got active again on Twitter. It's a shit show out there

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:13:53
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu9yxi/

Weekend is too silent in this sub. Good luck in farming. Farmers Gunna farm. Good night

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:11:22
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu9ubi/

Yes. You have to pay a royalty every year

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:10:04
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu96yw/

This happens everytime. Institutions are here to make money. Whenever they see the opportunity to make money, they will come.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:03:40
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu93nn/

Good morning to all 8-9 people here. Have a great Sunday.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:02:46
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu8ymw/

Ummm.... It's a non-custodial wallet. It doesn't matter who owns it. The code is open sourced and they can't access your keys anyway. Even if ledger or any wallet firm gets bankrupt tomorrow, it won't affect your wallet.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 4, 2022 00:01:21
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu8tgs/

Exodus is good. You can also look at electrum.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 23:59:57
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu8i2g/

LMAO. Imagine people getting all bullish in just one day. Must be hell lot of confusion

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 23:56:49
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu87vi/

If no big news is coming, then 0.7-0.8, We still have the residual influx of people that came with FTX contagion. I hope moon ratio goes back to >0.8 honestly

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 23:54:04
/r/CryptoCurrency/comments/zbuu80/daily_general_discussion_december_4_2022_gmt0/iyu82k3/

You know, you can buy your domain name in web2 right ? For eg: Google owns Google dot com, and whenever you type that, it will take it to their homepage. Same in web3, you can have your domain name too, but instead of taking it to your webpage, it will let people connect to your public key. So instead of giving people your public address like 0xtdnroeb263dbdi, you can just day Dave.eth. I hope I am clear

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 23:52:39
/r/CryptoCurrency/comments/zbmtwo/how_the_ftx_collapse_actually_happened/iys60l9/

SBF was walking on the beach with customer’s funds. He saw a girl, and tripped over her. This caused all the funds to go in a vacuum hole which was her coochie.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 14:15:39
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iys3xw8/

They will let Genesis go bankrupt. They can't let GBTC get affected because of all this mess.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 14:00:57
/r/CryptoCurrency/comments/zbngpr/crypto_broker_genesis_owes_winklevoss_exchanges/iys3425/

ummmmm.. No. They owe Gemini-earn's customers $900mn. Gemini exchange /= Gemini-earn

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:55:05
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iys2vbe/

BTC all time chart looks like a christmas tree with double top

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:53:20
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iys2nvw/

I think, they are releasing the free avatars first

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:51:54
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iys1xn4/

I am watching this documentary on pornhub but it seems the plumber is not capable of doing his job. I mean, he was using allen key instead of wrench to open the pipe, and now he is searching for his wrench in this woman's cloth. How irresponsible you have to be? Don't they teach to put your wrench safely?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:46:54
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iys1l34/

They have reached the karma limit. So, they get extra moons for that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:44:26
/r/CryptoCurrency/comments/zbkmqa/imagine_right_now_that_nexo_still_has_customers/iys12o2/

What? NEXO is majorly an interest earning platform. You give them your coins, they stake them or lend them and you get interest in return. You authorise them that they can lend or stake your crypto and give you the interest. That's where you get your APRs. Exchange is just for swaping facility. It's not their primary source of income.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:40:56
/r/CryptoCurrency/comments/zbmyrr/developing_nations_quickly_becoming_the_hub_of/iys0i63/

I have been telling this, and I think my theory is correct here. Crypto adoption will start from the developing nations. These are the nations which are facing issues such as hyper-inflation, no trust in government, devaluation of their currency etc. Crypto adoption is constantly increasing in Africa and South-American nations. Inspite of heavy regulations and taxes in Indian sub-continent, we are seeing an uprise in the crypto-adoption. Adoption of crypto will start first in the place where people have lost their trust in their government.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:37:02
/r/CryptoCurrency/comments/zbll42/the_immense_amount_of_shib_people_still_are/iyrzuxc/

They are better than LUNA and FTT, in the way that, at-least the SHIB and DOGE investors are knowing what they are investing in. They know they have invested in a memecoin.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:32:35
/r/CryptoCurrency/comments/zbmw5m/the_partnership_between_binance_and_ledger_will/iyrznpr/

Binance is investing heavily in the DeFi sector. They have already invested in a hardware wallet firm before.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:31:13
/r/CryptoCurrency/comments/zblufw/we_are_experiencing_one_of_of_the_biggest_miner/iyrzby4/

>And this will obviously cause the price to go down further and then this will cause even more miner selling. Which could lead us to be in a death-spiral like that. I was reading the post seriously and I saw this. There is no death spiral in BTC Mining. Let me explain. If let's say, 20% of miners gets capitulated, the overall hash rate will fail, which will result in lower difficulty level. Now, the remaining miners comes into profit as now the competition is less due to capitulated miners. The BTC block reward being constant is shared between the remaining 80% of miners, hence, they start profiting. This will lead to some other miners back to the system as they see other miners profiting. An equilibrium will be maintained in the system because of this. Even if you say that 90% of miners gets capitulated, you can simply mine your BTC on your desktop with a GPU. All the people will start doing that, right? So, PoW and BTC, in it's core design has a fail-safe feature. Mining death spiral can never occur in BTC.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:28:59
/r/CryptoCurrency/comments/zbmn79/investors_question_whether_crypto_has_a_future/iyryadg/

The atmosphere is so damn negative. Guess we are deep in the bear.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:21:39
/r/CryptoCurrency/comments/zbmos8/bitcoin_bulls_lie_in_wait_as_us_dollar_strength/iyry2lo/

Guess we finally decoupled from the traditional markets. This wasn't the decoupling we wanted. sed.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:20:10
/r/CryptoCurrency/comments/zbm6ww/crypto_lacks_utility_and_could_be_entering_an/iyrxr85/

>to prevent governments from taxing your money whenever they feel like If you ever feel like that is the use-case for crypto, Boy, you never understood crypto in the first place. The main goal of BTC (and not crypto) was to take back control of your money. So that, what happened with Lehman brothers would not happen again. So, that government can't just print money whenever they want and create financial problems because of that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:18:02
/r/CryptoCurrency/comments/zbma82/we_should_not_need_proof_of_liabilities/iyrx5bk/

That's what my parents use to tell. Avoid CeX before marriage. Guess they were partially right.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:13:39
/r/CryptoCurrency/comments/zbma82/we_should_not_need_proof_of_liabilities/iyrwymt/

Customer funds are not considered as assets of an exchange, but they are put in the assets section of the traditional business labelled as 'customer funds' in a balance-sheet. A traditional balance-sheet has only two sections: Assets and Liabilities. That's what we are asking. Give us a traditional balance-sheet. Nothing else.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:12:20
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrwfdh/

That's simple. Invest in a coin that will do 1000x. cash it out.Now, again invest in another coin that will do 1000x. Rinse and repeat. Ask me for other financial advice.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:08:38
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrw1qs/

TBH, Doge and Shib is going to remain. So, yes, if BTC puts up a rally, they will come back up too.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 13:06:00
/r/CryptoCurrency/comments/zbkmqa/imagine_right_now_that_nexo_still_has_customers/iyrunw0/

No no. I completely agree to your points. I was answering to u/Lisecjedekokos that NEXO can't have all their funds in liquid form, as they stake their crypto and hence, they need to lock them up. So, they aren't liquid. All yours points are from Customer PoV.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:56:25
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrucgy/

* Atomic swaps use a special type of smart contract known as Hash Timelock Contract (HTLC). * The HTLC is a smart contract that is capable of generating a key pair. * Then it automatically executes the action that is pre-programmed into the smart contract. * When the HTLC executes a trade, the counterparties need to acknowledge the completion of trade within a stipulated time frame. If they fail to do so, the smart contract will void the transaction. This ensures the number of frauds is minimized. >I I’m thinking there could be potential to exploit P2P exchanges via that swap mechanism. I know there have been a lot of exploits found on other types of exchanges in the past, but I know nothing of P2P vulnerabilities. As with every smart contract, yes. If the code is not well-written, it can be exploited. &#x200B; >The scary thing about DeFi is if anything goes wrong you’re on your own. No protection against bad actors. True. Completely agree. That's the risk you take when you deal with DeFi

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:54:12
/r/CryptoCurrency/comments/zbkfuz/michael_burry_was_right_about_crypto_being/iyrto0t/

yes, FTT can be printed out of thin air, and you are using it to leverage BTC, which can't be printed out. When people starts to take their BTC out, you can see what happens

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:49:33
/r/CryptoCurrency/comments/zbkfuz/michael_burry_was_right_about_crypto_being/iyrrxt4/

Sure. I will try my best. when you have 21 million of something and you allow it to exist in a place that can infinitely print its own tokens to cross-collateralize everything, to lend it out to other institutions; because without any regulatory oversight eventually that system will break. But because there's only so much of that money to go around not everyone will be able to withdraw and that's when you get in trouble. In the banking world this system works perfectly because dollars are actually infinite and Banks can be bailed out and customers are protected by SIPC and FDIC insurances. None of those checks and balances exist in the world of crypto. All we have or rather had was trust from the CEOs of these companies to to do what was right by their customers. since that power has been abused we're seeing a domino effect and all of this leverage unraveled one after another triggered mainly due to the FTX c

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:37:39
/r/CryptoCurrency/comments/zbjpzd/bitcoin_price_prediction_experts_predict/iyrqvvv/

I am pretty convinced that these are the kind of posts which keeps my portfolio in red. We haven't even crossed $17k, got rejected badly at $17k and SO CALLED EXPERTS predict explosive growths. WTF is wrong with these experts.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:30:20
/r/CryptoCurrency/comments/zbl8ka/binance_exec_says_firms_centralized_exchange_may/iyrqmgn/

Binance has already invested a lot in blockchain industry. They have their own blockchain, along with their own coin. They recently investing in a hardware wallet firm. They know that CeX may or may not be there in the future, and hence, diversified.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:28:33
/r/CryptoCurrency/comments/zblevy/bitcoin_at_500k_no_longer_possible_galaxy_digital/iyrqbw3/

I mean, we have to first reach $100k EOY 2021, right guys? $100K EOY 2021 Q16

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:26:31
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrpvs0/

So, do you mean all that hot chicks in my DMs are not real? Ohh god, my entire life is a lie. I even gave 2 of them my seed phrase today because they were cute. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:23:24
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrpofq/

If you ever once in your life thought that this isn't a scam; Boy I have bad news for you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:22:01
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrpk0r/

I don't think anyone invested in crypto has a life. We are all dead from inside.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:21:11
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrph2l/

Using your dog for shit-posting. Good work, mate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:20:40
/r/CryptoCurrency/comments/zbkmqa/imagine_right_now_that_nexo_still_has_customers/iyrp0mj/

Because they stake cryptocurrencies, and sometimes it takes time to un-stake it? How else do you think they generate APRs other than lending?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:17:34
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrnpek/

[General idea about P2P DeX](https://coinmarketcap.com/alexandria/glossary/p2p-dex) [A detail on how they work, technically.](https://www.antiersolutions.com/what-enables-p2p-trading-in-decentralized-exchanges/) [P2P in general](https://cointelegraph.com/news/what-is-p2p-trading-and-how-does-it-work-in-peer-to-peer-crypto-exchanges) Sorry if I sounded rude. i didn't meant to be rude. I am not good at english, so I may have sounded a bit rude. Sorry for that brother. Good luck.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:08:46
/r/CryptoCurrency/comments/zbkmqa/imagine_right_now_that_nexo_still_has_customers/iyrn1oe/

TBH, It's a double edged sword. 1. Even if NEXO is fine, the FUD will create a bank-run kind of situation, which will lead to it's collapse, if they don't have 100% of their assets in liquid form (I don't think anyone can have their 100% assets in liquid form), hence, customers lose money. 2. If NEXO is fucked up, and we don't call it out, customers are still gonna lose money. &#x200B; We should approach these kind of news in a very careful manner, as FUDs and carelessness caqn both destroy even a fully functional company. Always remember, Greed for some % of APR can make you lose 100% of your funds. Be safe. Not your keys, not your cheese

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 12:04:26
/r/CryptoCurrency/comments/zbkfuz/michael_burry_was_right_about_crypto_being/iyrm41t/

TBH, people don't understand this. The combination of finite asset like crypto and leverage is the worst combo that could ever exist. Traditional bankers fooled us by including leverage in the crypto ecosystem . Leverage works perfectly with FIAT, because the supply is infinite there. But, with crypto like BTC which has a finite supply, it's the recipe for disaster. I don't care about Michael Burry or anyone, but When a finite supply is made artificially infinite (that too without any regulations), that's when the entire ecosystem collapses.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:58:15
/r/CryptoCurrency/comments/zbjz1m/to_regulate_or_not_to_regulate_just_cex/iyrk8ow/

>That have ability to list tokens that are just printed from the thin air and then entities can loan real money with fake money as a guarantee. That's extremely dangerous and that needs to be regulated to avoid damaging the economy. Exactly. If they are regulated, then they can't list tokens without any consequences. &#x200B; >Regulations will end ability to manipulate the market and speculation will be harder. That means less hype, less volatility and less of potential customers looking to profit from crypto wild west. A lot of people also want to invest in cryptocurrencies just as an alternative to stocks. Many retirement funds have started to invest in BTC mostly. The thing is, CeX and DeX can't be compared at least as of now. DeX is even today, used by a fraction of crypto users, while majority of trading occurs in CeX. I want to regulate CeX so that people unaware of pump and dump coins can't invest in them. CeX is used by naive crypto people. They don't know shit about PnD and scams in crypto. DeX and memecoins created out of thin air are altogether different topic. They needs to be dealt with too, but they shouldn't be clubbed to the same regulation with CeX. People investing through DeX in memecoins like ElonCumsRocket and BigDickInu understands what they are getting into. Just my PoV. Your explanation was good. You can point out if there is some mistake in my understanding. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:45:46
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyriw08/

Same. I was promised Lambo within two months of investing. I am here since 2014 without a motherfucking Lambo.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:37:00
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrip5r/

First, we will get the inflation data right? and then comes the FED rate hike IIRC.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:35:44
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyrigb2/

I was hoping the moon ratio will be good, but the interactions has fallen to an ultimate downfall too. We will survive this bear. Patience

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:34:05
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyria6c/

If you are staking on-chain directly, like with Rocket-pool, then it's a pretty safe solution. It's up to you to decide between 1. 1. not staking and hence, 100% security 2. staking and getting 5-7% APR, but 1-2% security risks.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:33:04
/r/CryptoCurrency/comments/zbjxif/bitpay_currency_usage_historical_chart_update/iyrhpdx/

To think that BCH was doing 17% of overall Bitpay transaction in may 2021 is mind-blowing. It was at #2 just behind BTC.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:29:17
/r/CryptoCurrency/comments/zbjz1m/to_regulate_or_not_to_regulate_just_cex/iyrh8y7/

Unpopular opinion. I may get downvoted badly, but hear me out. CeX are just regular businesses that happen to deal with trading unregulated assets known as cryptocurrency. They needs to be regulated just like other traditional businesses. Regulating CeX has nothing to do with crypto. If CeX are getting regulated, that will actually bring more people into crypto. Currently, a lot of them avoid crypto because of its unregulated nature. Regulating CeX will at least give them the required confidence to invest in crypto, and hence, increase the adoption. CeX /= Crypto. CeX needs to be regulated.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:26:07
/r/CryptoCurrency/comments/zbj51j/someone_asked_openai_how_it_would_destroy_crypto/iyrggpv/

Okay, can someone please turn off this OpenAI please? I m getting anxiety attacks

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 11:20:41
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr7to1/

You understand P2P? If not, I will share an article which may help you. P2P means peer-to-peer, right? So, it's basically a trading mechanism where you can swap Crypto-crypto AND crypto-FIAT

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 10:19:44
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr7ind/

So, you came from a shitcoin to bitcoin. Good progress.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 10:17:32
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr7b9q/

No. It's a fully non-custodial order-book based exchange

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 10:15:57
/r/CryptoCurrency/comments/zbhupr/ooda_loop_how_hackers_are_stealing_billions_in/iyr6ki7/

>hackers had already made off with almost $2 billion worth of cryptocurrency assets this year Boy, that's a lot of money.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 10:10:15
/r/CryptoCurrency/comments/zbi32j/elon_musk_reveals_wild_1_billion_democrat/iyr64br/

He said that he donated Republicans from the back-door. I am pretty sure he must have done the same way of donations to democrats too. the way media is portraying him, A lot of money has went into their >!ass !<pockets

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 10:06:48
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr58y7/

Ohh boy. You need to go to planet miller (interstellar) one hour there is 7 years meme.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:59:42
/r/CryptoCurrency/comments/zbhhk1/review_my_gameplan/iyr4a2b/

[https://cryptoslate.com/what-features-differentiate-the-top-perpetual-futures-dexs/](https://cryptoslate.com/what-features-differentiate-the-top-perpetual-futures-dexs/) This article will describe the meaning of Perpetual DeX. TL;DR, It is a DeX where you trade futures. GMX, dYdX, Gains network etc are some of the P.DeX Their coins will be perpetual DeX coins.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:51:55
/r/CryptoCurrency/comments/zbfob0/where_can_i_find_a_graduate_level_cryptocurrency/iyr3ox8/

Stiudents and professors, interested in Blockchain decided to make these organisation 'Blockchain at Barkeley'. I still communicate with a lot of folks down there. Ohh boy, they are doing good.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:47:08
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr3eai/

I have invested a lot in this coin called USDC. I hope it at least 10x in the next bull cycle. The technicals looks good, and my TA tells me that it can easily do another 20-30x from here. /s

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:44:42
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr335f/

They closed their business in july 2022..

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:42:11
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr31ir/

Ummmmm..... P2P DeX exists, but they are not as mainstream. You can look at the though. Some examples of peer-to-peer DEXs can be found on protocols such as Liquality, Polkadex, ShibaDEX, and AtomicDEX.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:41:48
/r/CryptoCurrency/comments/zbhhk1/review_my_gameplan/iyr2q27/

I would be looking for some ETH L2, as I think next bull run will be based on that. Previous bull was about ETH killer, and none of the coin was able to achieve that title. This bull, according to me, will be based on the race of best ETH L2. You can research into that coins, MATIC and arbitrum ecosystem looks good as of now. Also, I am looking at perpetual DEX coins. So, you can go into that rabbit hole too. Best of luck.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:39:09
/r/CryptoCurrency/comments/zbh7n4/south_korean_judge_dismisses_arrest_warrants_for/iyr2c02/

>it was difficult to see the “necessity and significance” of the arrest DIFFICULT?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:35:56
/r/CryptoCurrency/comments/zbhbm6/the_future_of_smart_contract_adoption_for/iyr227l/

>Space and Time uses patented novel cryptography, known as “Proof of SQL,” which can prove each query result is accurate and that the underlying data hasn’t been tampered with. I think Quantum Network (QNT) and Aleph Zero (AZERO) are kind of doing the same thing.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:33:38
/r/CryptoCurrency/comments/zbhhk1/review_my_gameplan/iyr1r8j/

Ummmm....looks good. If I were you, I would keep equal amount of BNB and ETH, instead of your distribution of BNB and ETH. You did your research and it's good. There are so many other good coins out there, but stick to your research and invest. Good luck.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:31:00
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr107x/

Whale alert. /s JK, good luck mate. keep DCAing.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:24:44
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr0x7k/

Time to fill my orders. They have been waiting there since long now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:24:01
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr0usm/

That's the best part. I was going to upgrade to 14 pro max at $1200, but then thought, better DCA this amount, and let's hope for at least 10x

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:23:27
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr0lcn/

We are going back to 2016-17 levels if that shit happens.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:21:12
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr0j70/

A lot of shitcoins will do 1000x next bull run. So, shitcoin > ADA.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:20:43
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyr0g8t/

They should maybe turn it off and restart and see. SOL people has expertise in that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 09:20:00
/r/CryptoCurrency/comments/zbfob0/where_can_i_find_a_graduate_level_cryptocurrency/iyqvxb0/

I understood that when you said that you need a technical graduate level course. If you really want to go into programming aspects, you can DM me. I have some courses (they are ummm... Pirated so...)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:38:44
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqvsf3/

Same here. I bought my ETH around $15 back in 2016. But I don't think that people are going to sell it at this point. Again, I do believe we have a long bear for a year or so now, but it will be mostly time based capitulation rather than price based. We can only speculate.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:37:26
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqvha9/

I do understand it's their fault, but lowballing them when they lost money is also not fair. It's fine. We all learnt a lesson this year. Good luck brother

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:34:27
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqtx87/

We still have to bear (pun intended) a year long time-based capitulation. The market will crab within the $10-23k range IMO for almost a year. Let's see.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:19:13
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqtp19/

Anyone joining crypto in bear market is the luckiest person if he understands the market phases correctly . Start DCAing and understands the basics of crypto. Good luck

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:16:52
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqthhu/

No, arbitrage is the way through which exchange maintains the price of assets almost equal, right? You can arbitrage if the profit you make is more than the total fees combines (buying fees of ex.1, withdrawal fees and selling fees on ex.2) But, arbitrage is done mostly via bots today. So, it may happen that before you can arbitrage, the price difference becomes minimal due to bot's arbitraging and you make an overall loss. you can search arbitrage bots on google. Wait, I will link it here. [arbitrage bots](https://atozmarkets.com/news/how-crypto-arbitrage-bot-works/)

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:14:43
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqt37j/

History has shown that this is the proven method.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:10:32
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqsxon/

Boy, the ride from \~$5k to \~0.9k was immense. We have at least passed price based capitulation phase. Now, we crab around this range for a year or so.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:08:52
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqsoyh/

That's great. Happy holidays man. Good luck to you and yours.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:06:16
/r/CryptoCurrency/comments/zbfget/european_bitcoin_company_relai_reports_record/iyqsjwz/

>Relai, a Swiss company that provides a non-custodial bitcoin wallet app, has reported that November 2022 was its best month in terms of volume and revenue. According to a press release sent to Bitcoin Magazine, the app saw an increase of 60% compared to the previous month of October 2022. A good reason maybe because of people moving towards non-custodial wallets. A great thing overall. Always remember people, NYKNYC

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:04:45
/r/CryptoCurrency/comments/zbfob0/where_can_i_find_a_graduate_level_cryptocurrency/iyqscdt/

[https://blockchain.berkeley.edu/](https://blockchain.berkeley.edu/) &#x200B; You will find some free courses here. They have excellent courses at UC Berkeley. Also, edX is a good place to understand blockchain.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 08:02:33
/r/CryptoCurrency/comments/zbfocw/crypto_exchange_gemini_trying_to_recover_900/iyqs1wc/

Gemini earn is done TBH. DCG is illiquid on their own. How are they going to get another liquid $1bn for gemini-earn

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:59:29
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqrv9p/

Ohhhh boy. I feel sorry for you. But hey, two jobs means more money for DCAing, right?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:57:25
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqrr9t/

Agreed. I seriously hope we get the moon ratio back

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:56:10
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqrlg5/

Start with a percentage here, and wait for remaining, if it further dips.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:54:21
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqrht6/

Gemini earn is done TBH. I don't expect customers to get back. I feel sorry for all of the customers. It's sad.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:53:19
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqrbue/

The posts are reduced. Ans so is the influx of the people. Bullish on moon ratio.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:51:31
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqra2q/

We may see some volatility in the weekend. Tired of this crabbing TBH.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:51:01
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqr846/

They stopped their operation way back in july 2022

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:50:27
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iyqr4bb/

Risk/reward ratio is excellent. $16k is an excellent price for DCAing

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 07:49:16
/r/CryptoCurrency/comments/zbe7ri/mike_novogratz_bankmanfried_is_delusional_and/iyql5so/

“It’s kind of surprising that his lawyers are letting him speak,” Novogratz said before adding, “having watched two interviews, the word delusional kept coming to mind.” I mean seriously. He gives an interview and makes the situation worse for himself everytime. Guess he's out of his drugs

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 06:34:05
/r/CryptoCurrency/comments/zbdebz/take_a_moment_to_reflect_on_the_relative_peace/iyqkusr/

I seriously hope we get our moon ratio back

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 06:29:56
/r/CryptoCurrency/comments/zb7lyx/sam_bankmanfried_says_he_has_close_to_nothing/iypslod/

He has $100k. More than 99.5% of this sub. After losing 'everything', he went from being richer than 100% people on this sub to 99.5% people on this sub

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 3, 2022 00:07:24
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iypkfpy/

Umm or maybe, someone is old school, and still thinks that SOL is the biggest proponent of VC culture into the crypto ecosystem. It is also not how any Blockchain should work. You can't just restart the network when you want. It is also inclined towards centralisation. It also lied about their tokenometics. If you still think that SOL should be present in Crypto, you just hold a bag of it and never understood the technicalities of Blockchain. Have a good day

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 22:52:46
/r/CryptoCurrency/comments/zb6oji/help_us_test_moons_bridge_to_polygon_for_the/iypjdrg/

Hey man. Great work. If you need any technical help, I would be happy to help you. Thank you. Keep up the good work

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 22:43:37
/r/CryptoCurrency/comments/zb5w5l/if_you_had_10000_how_and_what_would_you_invest_it/iypj5kt/

Yes. Because English is the most important thing here. I sometimes make mistakes because English is my third language. Anyway, thanks for correcting. Have a good day

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 22:41:37
/r/CryptoCurrency/comments/zb5v2f/us_senator_bitcoin_is_a_commodity_there_is_no/iypg9gu/

I mean, at this point, it is pretty sure that SEC is going to declare BTC as a commodity. Other Cryptocurrencies are still in the confusion state, but Gary gensler himself told his views about BTC as a commodity in the lecture series. I am pretty sure all this senators secretly hold a good amount of BTC

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 22:16:40
/r/CryptoCurrency/comments/zb5w5l/if_you_had_10000_how_and_what_would_you_invest_it/iypfwln/

I think you should research a bit about investments. Listen to all the advices of investment herr, but never Make a blind decision. If you are new to Cryptocurrencies, you should first get some idea about the Blockchain technology and the idea behind crypto in general. Also, Cryptocurrencies are a risky investments. That said, if I was new to Cryptocurrencies, I would go with the giants. BTC and ETH. They have the least chance to fail out of all Cryptocurrencies. They have a good community. Thank you. Stay safe. Good luck

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 22:13:42
/r/CryptoCurrency/comments/zav1th/is_solana_dead/iypfe4z/

I think it won't work even if we turn it ON and OFF

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 22:09:27
/r/CryptoCurrency/comments/zaz4le/all_those_socalled_crypto_experts_have_changed/iypem2i/

Shocking news: they don't know shit about crypto. If you think influencers are there to help you make money, you are dumb. They are only here to shill their own bags. They are worst than astrologers.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 22:03:02
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iypedba/

This is the worst day of my life.... No Hobbes, this is the worst day of your life, till now.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 22:00:59
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iype7xt/

You mean.... You are bullish on solana failure, right ser?

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 21:59:47
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iype425/

01001001 00100000 01100001 01101101 00100000 01101110 01101111 01110100 00100000 01100001 00100000 01100010 01101111 01110100 00101100 00100000 01100111 01101111 01101111 01100100 00100000 01110011 01100101 01110010 00001010

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 21:58:52
/r/CryptoCurrency/comments/zb26w4/daily_general_discussion_december_3_2022_gmt0/iypdzud/

Good morning people. Saturday morning. Drunk as hell. Bulls and bears are fighting really hard at $17k

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 21:57:53
/r/CryptoCurrency/comments/zatdyw/your_beginnings_of_crypto/iynjjzm/

2013, first year into CS engineering degree. A senior of mine (electronics engineer) told me about Bitcoin. We had no idea at that time it will be a success or what, but we started mining together. That time, there were no articles about how to mine. almost zero information. Most of us used Linux system as an OS. Ohh boy, those days

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:44:43
/r/CryptoCurrency/comments/za4nf2/daily_general_discussion_december_2_2022_gmt0/iynhr6e/

I understand that. What I meant to say is, Cardano people loves to tell about their TV L and new projects coming in the ecosystem . What I was saying is, a single project is making up half of their TVL. So, if you remove that single project, the remaining TVL isn't impressive considering how comes from all the other projects combined. Thank you.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:32:47
/r/CryptoCurrency/comments/za4nf2/daily_general_discussion_december_2_2022_gmt0/iynhbpt/

Ohhh boy that sucks. I am able to shit post at work. So, I have been active here last month, but moon ratio ..... sed

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:29:59
/r/CryptoCurrency/comments/za4nf2/daily_general_discussion_december_2_2022_gmt0/iyngxr2/

And a rally. We are in a serious need of Christmas rally.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:27:24
/r/CryptoCurrency/comments/za4nf2/daily_general_discussion_december_2_2022_gmt0/iyng4vv/

That shows that other smart contracts haven't gained that amount of popularity as seen by TVL.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:22:09
/r/CryptoCurrency/comments/zasu6a/this_time_is_different_rip_to_five_bottom/iynfqcf/

This has only happened 5 times in the history. &#x200B; Yes bro, the history is only a decade long, and it happened 5 times in that.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:19:33
/r/CryptoCurrency/comments/zasx9m/sbf_admits_exchanges_like_ftx_issue_fake_bitcoin/iynf4zp/

And suppression of price happens too because of this. That was the core point of crypto. To avoid double spending.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:15:36
/r/CryptoCurrency/comments/za4nf2/daily_general_discussion_december_2_2022_gmt0/iyney90/

That too, Half of TVL is only from Minswap. Talk about decentralised.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:14:20
/r/CryptoCurrency/comments/zasu6a/this_time_is_different_rip_to_five_bottom/iynec4y/

The problem is, BTC chart is only 12 years old. It's completely naive to apply all TA indicators on such a new market. Also, in the past 12 years, BTC never saw a recession. This is unlike SPY which has a history and charts 100+ years old. So, we get a better idea looking at the historical periods of inflation, recession from the charts. Some of the TA indicators will fail in every cycle of BTC, as we will experience new and new economical conditions.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 13:10:15
/r/CryptoCurrency/comments/zasat0/over_8_bitcoin_supply_was_bought_between_155k_and/iynabm4/

8% Bitcoin supply bought at these prices just indicated the likelihood of more redistribution. Let's see. The long term HODLers are increasing too. Let's go.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 12:43:54
/r/CryptoCurrency/comments/zas6bu/what_are_your_thoughts_on_apollo_making_the/iyn9us7/

1. Last I checked, votes don’t matter. The admin can put whatever IPFS hash they want when they select the winner. 2. If they don’t like how the community voted, they’re free to censor whatever votes they choose, and they can also vote after the deadline with as much weight as they want, since they controlled the majority of the stake. 3. This change just makes it so they can have minority stake and still choose the winner by stuffing the ballot box. Apollo is a scam, and I have yet to see any evidence to the contrary.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 12:40:49
/r/CryptoCurrency/comments/za4nf2/daily_general_discussion_december_2_2022_gmt0/iyn8p9o/

CEO of BTC is honest unlike SBF. He isn't corrupt.

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 12:33:17
/r/CryptoCurrency/comments/za4nf2/daily_general_discussion_december_2_2022_gmt0/iyn8f6g/

This will help if you have even a bit of programming knowledge : https://youtu.be/sDCRB\_kzkpg

Commented by /u/yourmom_fat_as_hippo in /r/CryptoCurrency on December 2, 2022 12:31:26
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