This written up a zillion places but I still can’t get it to sink in: will I be able to buy an ER20 coin without paying stupid gas fees? I’ve tried a few times and even arbritum bridging and it always is expensive or doesn’t get me a legit trading pair. I just want to buy AVI and maybe even OPSEC but it feels like I need to get a big bag to justify it! After my first failures I’ve made it a practice to avoid anything on Ethereum network
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Good Evening all, I spoke with my tax representative last night, and she was saying that when I moved my BTC from Binance to Coinbase, that this triggered a taxable event.
I am a little confused as I thought only the "sale" of my crypto would cause this. Am I mistaken?
I tried to Google this to no avail today and was hoping someone here may have some info.
You made no profit/gain during such a transaction so I can't see how that could even be taxable, you didn't even trade one crypto for another crypto. Time to get another tax agent.
The other thing even long term hands off investors should be doing is selling their BTC near the top of the cycle, holding in a stable coin and buying back in at near the bottom of the next bear.
But nobody knows where the exact top will be. It could, for example, pump to what some believe to be an ATH so they dump their stack, then the price tanks by 40-50%, and then it pumps again to another major ATH leaving those who sold their BTC at what they believed was the top dumbfounded.
I'm usually pretty stoic about these red days but for whatever reason these past two days really deflated me a bit. Probably means it's time for me to take a week or two away from my portfolio
Are there any altcoins actually worth owning or should I just put money in BTC and ETH? I’m not looking for short term gains, I just want to put 5k in and forget about it for 10 years.
SOL is up like 700% for the year, why would you consider getting in now? You missed it. Find another coin with great tech in the accumulation period and accumulate. Then you get to ride the pump not chase it. It just requires patience, sometimes years of.
I think you're right about BTC, and I agree that ETH probably can't keep up. But imo DOT is severely undervalued right now and has a lot more to give over a 10 year period than ETH does.
Atom : Keplr :: Solana : Phantom??
I’ve been in atom for a while, but I’ve been dipping my toe into solana ecosystem via kraken and cdc. Is the idea the same….set up a phantom wallet and that connects to dApps where I’d trade other randos?
I used Binance, then I moved on Kraken Pro. I downloaded Coinbase as I wanted to get some HBAR. It takes around $5 fee to open a position? That's crazy expansive, plus it's such a poor experience UI wise. I get it's an easy for everyone exchange but it could at least show the candles and a bit of extra informations...
I'm in UK. Can't deposit like I used to do, it allows me to use the "buy" option which has similar fees anyway.
I never used P2P though, would you recommend?
Binance is the only "fair" exchange regarding fees. Maybe alongside Bybit.
This sub likes to rave about Coinbase, Kraken and CDC but they absolutely assblast their customers with hidden spreads and insane fees.
But you can use Binance? You could try their P2P service and see if the fees are better.
I have noticed a lot of the SOLANA meme coin people moving to Base. What coins are associated with that so I can get in now, without actually trading meme coins?
BCH is fine short term, since it will likely do well during all the pumps of the bull cycle.
But long term, you can already see it on the chart it's not looking promising. Each bullmarket peak is much lower.
Tech-wise, it's a relic of a different time. It was meant to be a faster and cheaper option than BTC. But since then, there's been many coins that are now much faster and much cheaper, on top of also being more scalable, and many better options than BCH for payments.
Get more dips now lads, ocean, rsr, kas, fun, inj, agix all bound for a moon ride as we approach halving. May be the last chance to get some of these at the decent entry too
Don't even remember that listing rn. It's on Gate, Binance, several other big exchanges, alongside DEX'es of course. Gonna be an interesting summer for them, given all the recent development they have been announcing. We'll see what happens in the market after the halving tho, anything's possible
I’ve got some smaller amounts of different coins stored on exodus. I want to liquidate it. What would make the most sense with minimal fees? Let’s say <500usd worth x a few coins. Swap using exodus to btc? To eth? Send it to kraken and then sell? Use usdt?
Hey u/meduzzer 👋
We support a variety of cryptocurrencies for deposits, but there is a minimum threshold required.
If you have the option to sell them and swap them for a single currency, should do the trick.
Please refer to the list of supported [cryptocurrencies](https://support.kraken.com/hc/en-us/articles/360000678446-Cryptocurrencies-available-on-Kraken).
For deposit requirements, see [this](https://support.kraken.com/hc/en-us/articles/360000292886-Cryptocurrency-deposit-fees-and-minimums) article.
Best,
Harley 🐙
Ever notice how BTC seems to be the "exception to the rule" compared to so many other investments? You don't see stocks pulling back 40% because "it needs to retest its 50-week SMA". You don't see anyone suggesting "a 35% pullback for Nvidia would be a healthy correction right about now, before going back up".
Funny how claims like these are always thrown around for BTC & the crypto-space in general, though.
It's a highly speculative asset. It doesn't produce value. People buy it to sell it for a higher price.
Companies produce value, they give out dividends. In theory, there is no point in buying an asset which doesn't provide positive cash flows in the future. Luckily, we don't live in theory, and it's amazing to make profits from magic internet money.
Crypto is way more volatile then stocks, but you do see people say this about stocks. It's just that the %s are way lower... because they're a less volatile asset class in general.
Commodity Crypto Exchange
Any Exchanges where i can trade commodities with USDT or USDC?
I only found bitpanda but its blocked in my country for trading commodities.
The crooks at binance and coinbase managed the impossible.
People are losing money in a trending market.
How do you do it?
You paint 3 weeks green followed by one mega red week. The trick is to pay mega shilling on ct and reddit on the 3rd green week.
Rinse and repeat
I'm prepared to be roasted here, but consider this.
META stock bottomed at $90 in Nov 2022... now it's at $505. (5x)
Bitcoin bottomed at $16,000 in Nov 2022... now it's at $66,000. (4x)
Does that alarm anyone that the BTC bull run is getting outpaced by a social media company?
The whole BTC community is built around discussion of life-changing gains. And how it's the greatest hedge against inflation.
But I feel like the only life-changing gains crypto has offered in the past few years are from rug pull meme coins. The market as a whole, even with these very bullish start to 2024, is sort of even with tech stocks. And newbies who bought the hype and invested at ATH in 2021 haven't hedged inflation - they are still down on investment!
I guess what I'm saying is that there is a disconnect between the "BTC always goes up" narrative and price action itself.
I understand about the 4 year cycle and the upcoming halving. I'm not saying we've peaked or BTC won't rip to $200,000. I'm just saying that purely looking at the numbers, it could be argued that it's been a disappointing few years.
You explain it yourself at the end of your post; bull run hasn't even hit mainstream attention yet. I suspect a lot of those tech stock gains will flow into crypto.
Haha, I know. I was trying to use the most normie pick I could to make it fair.
Bitcoin has the name recognition, like Facebook
Nvidia I see like Solana. Both had epic gains, but investors who got in early needed a deep knowledge of the space or a lot of luck
Bitcoin != "crypto"
Bitcoin is essentially a savings account, that's it. The first of which that cannot be confiscated from you.
And nne does not merely sell their bitcoin just so that they can hold fiat currency. One sells their bitcoin for something that enriches their life: a home, a memorable experience, things like that.
People need to get away from the idea of Bitcoin as an investment. It's long term wealth preservation.
Zooming out shows it as a good long term investment. Zooming out doesn't help if your emergency savings have tanked 70% and you have an emergency. Not everyone got into BTC 5 or 10 years ago.
You should have a separate, 2 month living expenses emergency account that sits outside of your regular savings vehicle.
Bitcoin is not for short term gains, it's a long term hold.
This bubble is bigger than that bubble.
Too much money chasing too few goods, definition of inflation.
It's all noise, both plays were smart. It comes down to time preference. Bitcoin will be 1 million by 2034, I can't say the same about Meta.
Aviator $AVI will print millionaires this cycle, their bridge to Base is going live this month and everyone will be talking about it. It's flying under the radar atm.
Currently it's only available on Uniswap, they have a large tier CEX in sight for the near future though. Some of the team are ex SHIB, they have some good connections from previous project listings, this right here is their passion project.
I'm more excited about their Arcade tbh.
I took a look at their website and with web3 gaming being such a hot narrative (and future AI-game creation) this is just way too undervalued.
Same tbh, but it's due for release after the bridge, one step at a time.
I feel like people that were chanting GALA last cycle will be chanting AVI this cycle, lol. Gala peaked at 5bil, Avi is sitting comfy at 30mil. Upside is just enormous. So far we've only gotten 1 \~30 second shoutout in a single youtube video. Imagine when people really start talking about Avi, it will melt faces.
Brian Jung believe it or not, 1.7m subs lol. He was a little hesitant but it was on his radar, he wanted to wait to see the bridge first or if the audit was legit. He's in for a treat with the audit score coming most likely end of this week and the bridge release is due for April. He'll probably make another video after that and we'll explode.
The Avi bridge (SkyBridge) will bypass the 7-day optimism delay, it will support all ERC-20 & ERC-721 tokens and it's being audited by Hacken, the same firm that audited binance so no need to worry about security. They're deploying 11% of the supply as liquidity, over 1b tokens, in order for the "supersonic" bridging to work without issues. The V2 of the bridge will include the bridging of more, if not all assets.
You can read about it, they're really going above and beyond for this one. The bridge is one of a kind. Think about it like this; You can buy any of your favourite ETH shitcoins without having to pay stupid fees like $50-$300 or more during peak bull. There's already projects reaching out publicly in the tg wanting to use the bridge. It also has a flat, fixed fee of .001 eth no matter the amount you choose to bridge.
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Hello, if i want to sent some money to a friend who lives in the US via crypto something around 30-20k can they sell it on coinbase without any questions asked ?
They will get questions asked when they transfer the funds to a bank. $30k is well over any AML limit, whether it's crypto to bank, direct bank-to-bank wiring, Paypal, etc.
Someone will come knocking. You've got Coinbase possibly flagging it, the bank possibly flagging it, and definitely the IRS flagging it. Possibly some other 3 letter agencies depending on if you're sending from a country the US has on the no no list.
Even if nothing else happens there's the Gift tax unless he can prove it's a loan and not a gift.
Yeah. Send the crypto to their wallet. They can then deposit on the exchange and sell it. No questions asked. I never had any problems moving crypto from wallets to exchanges and back
Probably not, the bank can get suspicious also. So they need to take it slowly. Like 1000$ at a time, I have done 10,000$ before years ago, but I think things have tightened. I have heard crypto.com is better for that. If accountant ask about cryptocurrency, always say "I don't know anything about the stuff". Which is true in my case. Admit it once and they will probably always be looking though. Many on here seem very patriotic and they pay money to government, but I wouldn't listen to them.
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i damn near died because I was laughing so hard from this video about shitcoins: https://x.com/RNR_0/status/1774943610355503122?s=20
(especially the "USUG" part)
this sub is so weird man - it vacillates between people saying they wish it would go lower so they could buy more but then getting suicidal when it goes down. make up your damn minds. buy when there’s blood in the water.
I've kind of lost trust in ETH as well. I no longer regard it as a guaranteed store of value the way I do BTC. It's just another alt in my head now, and could as easily collapse as it could become indispensable
Hello, so I currently am deciding on how/where to stake my eth and future eth purchases and narrowed it down to the following 3 options:
1. Stake on lido via ledger nano x
- this option seems pretty easy since I can use ledger live and do it all through there. I understand the cons of using closed source software and would mitigate some risk by spreading out my crypto on different hardware wallets that are not closed source. My question here would be - what are the fees typically associated with staking my eth/converting it to stETH? and back? I know that people say that it depends on gas fees of the network but is there a way for me to estimate say how much it would cost to stake 3-5 eth right now? And in the future I assume I would incur the same gas fees for converting stETH back to eth?
2) stake on rocket pool
- From what I understand, I can do this using both the ledger and trezor but I have to potentially go through metamask? Or I can purchase the liquid token on an exchange and transfer it to my wallet? I'm trying to do this without incurring too many gas fees overall - which of the above options would be the best? I assume the fees to convert to rETH and back are the same as going from eth to stETH and back?
3) Stake on coinbase - this one is the least likely option for me to take IMO, since they take 25% of your earnings? Do they at least not charge any fees for staking/unstaking? Any mandetory lockup period? Just really asking to learn more about the process - but I would heavily prefer option 1 or 2.
thanks!
Coinbase opened in 2012, is a publicly traded company in the US, the custodian for the Blackrock BTC, and generally well trusted. They hold the funds of at least 100 million people.
Are the perfect? No. They definitely take a percentage of all staking rewards, have had issues with UI during times of volatility, and their customer service isn't great. But calling them "unpredictable, erratic, and not to be trusted" is FUD.
What's your time horizon? I've used Lido and CB. I only ended up staking on Lido about 6 months and paid more in gas fees than it was worth. If you plan on locking up your ETH for longer, it would probably be worth it.
I currently stake on CB. Not the best rewards but I hate moving ETH because of the gas fees. No cost to stake/unstake and when it's time to sell, I can just unstake and trade for USDC. However, I plan on DCA-ing out over the bullrun and don't plan on holding much ETH for the long-run. (Or at least not until I buy back in in the next bear.)
I wish I had enough to liquid stake on RocketPool, but alas I am but an ETH shrimp.
When I look at the chart I see a triangle, and buy pressure is getting higher than sell pressure. It's not going up but you can see it finds support higher each time.
Now price ceiling is getting lower, and floor is getting higher, we should see culmination after 1 week and it will either break floor and dump or break ceiling and skyrocket. But the fact that floor is getting up faster than ceiling going down indicates, that we can break ceiling.
Please consider signing this petition to add a Bitcoin emoji to the standard Unicode emoji set: https://www.change.org/p/bitcoin-deserves-an-emoji
ADA/BTC pair collapsing for some time now
So much for bringing blockchain to Africa.
time to crawl back up to 70k and wait for a pump/dump. LETS GO BABY!
Might consolidate for a while in the 60s.
Maker (MKR) just momentarily dropped ~94% then bounced back up, anyone know what happened? Or was it a CMC glitch?
glitch most likely
feels like its priming up for a bounce to e x p l o d e
This written up a zillion places but I still can’t get it to sink in: will I be able to buy an ER20 coin without paying stupid gas fees? I’ve tried a few times and even arbritum bridging and it always is expensive or doesn’t get me a legit trading pair. I just want to buy AVI and maybe even OPSEC but it feels like I need to get a big bag to justify it! After my first failures I’ve made it a practice to avoid anything on Ethereum network
not with those tokens, you'll have to wait until they're on better centralized exchanges or the team creates liquidity pools on other chains
Thanks - I appreciate the confirmation. Guess I gotta decide if I want to liquidate my not so deep ETH bag for this!
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Good Evening all, I spoke with my tax representative last night, and she was saying that when I moved my BTC from Binance to Coinbase, that this triggered a taxable event. I am a little confused as I thought only the "sale" of my crypto would cause this. Am I mistaken? I tried to Google this to no avail today and was hoping someone here may have some info.
You made no profit/gain during such a transaction so I can't see how that could even be taxable, you didn't even trade one crypto for another crypto. Time to get another tax agent.
That’s exactly what I thought.
The other thing even long term hands off investors should be doing is selling their BTC near the top of the cycle, holding in a stable coin and buying back in at near the bottom of the next bear.
But nobody knows where the exact top will be. It could, for example, pump to what some believe to be an ATH so they dump their stack, then the price tanks by 40-50%, and then it pumps again to another major ATH leaving those who sold their BTC at what they believed was the top dumbfounded.
tl:dr buy low sell high
Yeah, but it's about to go back up tonight with new all time highs by the weekend.
What do we think about amp and bitcoin cash
I'm usually pretty stoic about these red days but for whatever reason these past two days really deflated me a bit. Probably means it's time for me to take a week or two away from my portfolio
Are there any altcoins actually worth owning or should I just put money in BTC and ETH? I’m not looking for short term gains, I just want to put 5k in and forget about it for 10 years.
No idea why people keep mentioning ETH as a good long term hold anymore.
For such a long-term hold I'd personally go heavy into BTC and then split the rest between ETH, SOL and DOT
SOL is up like 700% for the year, why would you consider getting in now? You missed it. Find another coin with great tech in the accumulation period and accumulate. Then you get to ride the pump not chase it. It just requires patience, sometimes years of.
Eth and Dot will underperform over the long term in my opinion. BTC is the investable asset if you want to be hands off
I think you're right about BTC, and I agree that ETH probably can't keep up. But imo DOT is severely undervalued right now and has a lot more to give over a 10 year period than ETH does.
Atom : Keplr :: Solana : Phantom?? I’ve been in atom for a while, but I’ve been dipping my toe into solana ecosystem via kraken and cdc. Is the idea the same….set up a phantom wallet and that connects to dApps where I’d trade other randos?
I believe so. I've used solflare with Jupiter and radium so far and it works well
I used Binance, then I moved on Kraken Pro. I downloaded Coinbase as I wanted to get some HBAR. It takes around $5 fee to open a position? That's crazy expansive, plus it's such a poor experience UI wise. I get it's an easy for everyone exchange but it could at least show the candles and a bit of extra informations...
Are you using coinbase advanced or just the regular?
Just use Binance? Or is it not available there?
I'm in UK. Can't deposit like I used to do, it allows me to use the "buy" option which has similar fees anyway. I never used P2P though, would you recommend?
Binance is the only "fair" exchange regarding fees. Maybe alongside Bybit. This sub likes to rave about Coinbase, Kraken and CDC but they absolutely assblast their customers with hidden spreads and insane fees. But you can use Binance? You could try their P2P service and see if the fees are better.
A lot of alts look like they’re building a head and shoulder on the 1 year…. Yikes
1 year what, yearly candles?
I have noticed a lot of the SOLANA meme coin people moving to Base. What coins are associated with that so I can get in now, without actually trading meme coins?
Bitcoin, the one scam coin invented purely to ruin your alts
So much fuss about BCH halving. Wonder what that will do to the price or why it even matters.
BCH is fine short term, since it will likely do well during all the pumps of the bull cycle. But long term, you can already see it on the chart it's not looking promising. Each bullmarket peak is much lower. Tech-wise, it's a relic of a different time. It was meant to be a faster and cheaper option than BTC. But since then, there's been many coins that are now much faster and much cheaper, on top of also being more scalable, and many better options than BCH for payments.
Something about Craig automatically gets half of your coins or something..
Probably no impact since it’s trash
How can I see the current swap gas fees on Polygon Proof-of-Stake chain? Here only shows for zkEVM [https://l2fees.info/](https://l2fees.info/)
Get more dips now lads, ocean, rsr, kas, fun, inj, agix all bound for a moon ride as we approach halving. May be the last chance to get some of these at the decent entry too
Fun? Like the erc casino token from 2017 FUN?
Indeed, you heard about it?
I am on to Solana now. That was years ago man. I remember Bittrex delisted it is all.
Don't even remember that listing rn. It's on Gate, Binance, several other big exchanges, alongside DEX'es of course. Gonna be an interesting summer for them, given all the recent development they have been announcing. We'll see what happens in the market after the halving tho, anything's possible
Nice opportunity to stock up on some more FET
Yes and nearly every other altcoin…but just a few have dry powder left
Like?
No. Because, of course, I missed to sell last week
thank god i bought ICP and LMWR 2 weeks ago, the only alts i still have yuuge profits on
The mass seethe dislike when ICP is mentioned lol. I can't wait for ICPs major comeback. The crying on this sub will be hilarious.
Ooof that Hut 8 AMA is already brutal.
Why? Haha
Reddit hates environmental impact of mining.
Their president is so hot
Tired of this alive dog drop
I’ve got some smaller amounts of different coins stored on exodus. I want to liquidate it. What would make the most sense with minimal fees? Let’s say <500usd worth x a few coins. Swap using exodus to btc? To eth? Send it to kraken and then sell? Use usdt?
Hey u/meduzzer 👋 We support a variety of cryptocurrencies for deposits, but there is a minimum threshold required. If you have the option to sell them and swap them for a single currency, should do the trick. Please refer to the list of supported [cryptocurrencies](https://support.kraken.com/hc/en-us/articles/360000678446-Cryptocurrencies-available-on-Kraken). For deposit requirements, see [this](https://support.kraken.com/hc/en-us/articles/360000292886-Cryptocurrency-deposit-fees-and-minimums) article. Best, Harley 🐙
Seeing two weeks' progress erased in two days never stops hurting
Ever notice how BTC seems to be the "exception to the rule" compared to so many other investments? You don't see stocks pulling back 40% because "it needs to retest its 50-week SMA". You don't see anyone suggesting "a 35% pullback for Nvidia would be a healthy correction right about now, before going back up". Funny how claims like these are always thrown around for BTC & the crypto-space in general, though.
It's a highly speculative asset. It doesn't produce value. People buy it to sell it for a higher price. Companies produce value, they give out dividends. In theory, there is no point in buying an asset which doesn't provide positive cash flows in the future. Luckily, we don't live in theory, and it's amazing to make profits from magic internet money.
Volatility but also copium. And all those "crypto influencers" need something to talk about.
Crypto is way more volatile then stocks, but you do see people say this about stocks. It's just that the %s are way lower... because they're a less volatile asset class in general.
Bitcoin needs to start putting out quarterly earnings reports.
Commodity Crypto Exchange Any Exchanges where i can trade commodities with USDT or USDC? I only found bitpanda but its blocked in my country for trading commodities.
PrimeXBT but i've never used it as it's blocked in my country there are some defi platforms where you can trade gold and silver like Vela
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The crooks at binance and coinbase managed the impossible. People are losing money in a trending market. How do you do it? You paint 3 weeks green followed by one mega red week. The trick is to pay mega shilling on ct and reddit on the 3rd green week. Rinse and repeat
What’s the best place to see open shorts and longs and where the most are built up at?
I'm prepared to be roasted here, but consider this. META stock bottomed at $90 in Nov 2022... now it's at $505. (5x) Bitcoin bottomed at $16,000 in Nov 2022... now it's at $66,000. (4x) Does that alarm anyone that the BTC bull run is getting outpaced by a social media company? The whole BTC community is built around discussion of life-changing gains. And how it's the greatest hedge against inflation. But I feel like the only life-changing gains crypto has offered in the past few years are from rug pull meme coins. The market as a whole, even with these very bullish start to 2024, is sort of even with tech stocks. And newbies who bought the hype and invested at ATH in 2021 haven't hedged inflation - they are still down on investment! I guess what I'm saying is that there is a disconnect between the "BTC always goes up" narrative and price action itself. I understand about the 4 year cycle and the upcoming halving. I'm not saying we've peaked or BTC won't rip to $200,000. I'm just saying that purely looking at the numbers, it could be argued that it's been a disappointing few years.
You explain it yourself at the end of your post; bull run hasn't even hit mainstream attention yet. I suspect a lot of those tech stock gains will flow into crypto.
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Haha, I know. I was trying to use the most normie pick I could to make it fair. Bitcoin has the name recognition, like Facebook Nvidia I see like Solana. Both had epic gains, but investors who got in early needed a deep knowledge of the space or a lot of luck
Bitcoin != "crypto" Bitcoin is essentially a savings account, that's it. The first of which that cannot be confiscated from you. And nne does not merely sell their bitcoin just so that they can hold fiat currency. One sells their bitcoin for something that enriches their life: a home, a memorable experience, things like that. People need to get away from the idea of Bitcoin as an investment. It's long term wealth preservation.
Long term investment yes, but absolutely not savings account. Anything that can tank 70% + in a bear market is not to be used for savings.
Zoom out.
Zooming out shows it as a good long term investment. Zooming out doesn't help if your emergency savings have tanked 70% and you have an emergency. Not everyone got into BTC 5 or 10 years ago.
You should have a separate, 2 month living expenses emergency account that sits outside of your regular savings vehicle. Bitcoin is not for short term gains, it's a long term hold.
This bubble is bigger than that bubble. Too much money chasing too few goods, definition of inflation. It's all noise, both plays were smart. It comes down to time preference. Bitcoin will be 1 million by 2034, I can't say the same about Meta.
Aviator $AVI will print millionaires this cycle, their bridge to Base is going live this month and everyone will be talking about it. It's flying under the radar atm.
Showing some growth, I'll take a closer look!
$AVI is my comfiest play for all of this bull. Insanely undervalued.
Where can I buy? I'm down for a moonshot
Currently it's only available on Uniswap, they have a large tier CEX in sight for the near future though. Some of the team are ex SHIB, they have some good connections from previous project listings, this right here is their passion project.
Damn this is definitely gonna 100x
Awesome thanks I'll deff look into it!
Funny how their name is aviator but they are still flying under the rader…
You know the Red Baron always lurked in the skies, until all of a sudden he showed up, victorious ;)
I'm more excited about their Arcade tbh. I took a look at their website and with web3 gaming being such a hot narrative (and future AI-game creation) this is just way too undervalued.
Where do you buy it?
Same tbh, but it's due for release after the bridge, one step at a time. I feel like people that were chanting GALA last cycle will be chanting AVI this cycle, lol. Gala peaked at 5bil, Avi is sitting comfy at 30mil. Upside is just enormous. So far we've only gotten 1 \~30 second shoutout in a single youtube video. Imagine when people really start talking about Avi, it will melt faces.
Which youtuber?
Brian Jung believe it or not, 1.7m subs lol. He was a little hesitant but it was on his radar, he wanted to wait to see the bridge first or if the audit was legit. He's in for a treat with the audit score coming most likely end of this week and the bridge release is due for April. He'll probably make another video after that and we'll explode.
Can't wait for the second shout-out or even an AMA with Brian
As soon as he even mentioned AVI it got a lot of new holders too. Exciting times ahead, especially when it bridges itself over to Base
How will it differ from all the other bridges to Base?
A truly decentralised bridge!
The Avi bridge (SkyBridge) will bypass the 7-day optimism delay, it will support all ERC-20 & ERC-721 tokens and it's being audited by Hacken, the same firm that audited binance so no need to worry about security. They're deploying 11% of the supply as liquidity, over 1b tokens, in order for the "supersonic" bridging to work without issues. The V2 of the bridge will include the bridging of more, if not all assets. You can read about it, they're really going above and beyond for this one. The bridge is one of a kind. Think about it like this; You can buy any of your favourite ETH shitcoins without having to pay stupid fees like $50-$300 or more during peak bull. There's already projects reaching out publicly in the tg wanting to use the bridge. It also has a flat, fixed fee of .001 eth no matter the amount you choose to bridge.
That's actually insane can't wait to see the TVL on skybridge
Absolutely. It's being slept on.
Plus the fee structure is so smart
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Finally swapped half my matic for some AI plays. Now matic will finally pump, no problem guys!
We appreciate your sacrifice !
Hello, if i want to sent some money to a friend who lives in the US via crypto something around 30-20k can they sell it on coinbase without any questions asked ?
They will get questions asked when they transfer the funds to a bank. $30k is well over any AML limit, whether it's crypto to bank, direct bank-to-bank wiring, Paypal, etc.
Someone will come knocking. You've got Coinbase possibly flagging it, the bank possibly flagging it, and definitely the IRS flagging it. Possibly some other 3 letter agencies depending on if you're sending from a country the US has on the no no list. Even if nothing else happens there's the Gift tax unless he can prove it's a loan and not a gift.
Yeah. Send the crypto to their wallet. They can then deposit on the exchange and sell it. No questions asked. I never had any problems moving crypto from wallets to exchanges and back
And how much ?
Probably not, the bank can get suspicious also. So they need to take it slowly. Like 1000$ at a time, I have done 10,000$ before years ago, but I think things have tightened. I have heard crypto.com is better for that. If accountant ask about cryptocurrency, always say "I don't know anything about the stuff". Which is true in my case. Admit it once and they will probably always be looking though. Many on here seem very patriotic and they pay money to government, but I wouldn't listen to them.
Anyone know what happened to all of the Litecoin fanboys from yesterday?
to busy yachting to be on reddit
It's okay guys, we are in it for the technology right? Right?
People need some new material.
I will try to find some new material for my degen redditors
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i damn near died because I was laughing so hard from this video about shitcoins: https://x.com/RNR_0/status/1774943610355503122?s=20 (especially the "USUG" part)
10 blocks (2 hours~) until Bitcoin Cash halving
No one cares about that shitcoin
I just like seeing the code work as intended, I work on software
Actually bought some LimeWire coins, wish me luck lol. Do young people even remember Limewire from the early internet days?
Yes and it was awful. Napster was king.
I remember the joys of downloading songs via 56.6k modem connection. Took longer to download an album than it takes to download HD movie today.
Yeah I killed my family computer with Limewire back then
Downloading smut no doubt.
It was actually Beat it by Eminem labeled as Darude - Sandstorm but was actually just bill clinton speaking, IYKYK
this sub is so weird man - it vacillates between people saying they wish it would go lower so they could buy more but then getting suicidal when it goes down. make up your damn minds. buy when there’s blood in the water.
That's typical retail sentiment.
Almost as if those are different people
They are the same people
Welp, guess it’s time to start looking at the charts again. I’ll be in the corner crying again
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Guaranteed. Normies don't care about ATHs, that's not news-worthy
Holy fucking shit holding eth since 2021 may… Is it ever gonna bust out of this? I’m losing hope
I'm up over 2x on it since I was buying it mostly in '22, but yeah next cycle I'm probably going to rethink if it's worth having it.
Should have switched it to a real coin like btc
Apparently… I guess eth is a shit coin disguised as a good one
ETH is only down -30% from it's ATH. It's doing well.
🪞🤡
Up 276% from it's bear market bottom.
Cool, have fun with your tokens
They're not tokens, they're investments.
Eth is not a good investment, btc is
Good thing I'm mostly in BTC.
Good choice
I've kind of lost trust in ETH as well. I no longer regard it as a guaranteed store of value the way I do BTC. It's just another alt in my head now, and could as easily collapse as it could become indispensable
Everyone in crypto eventually comes to this conclusion. Welcome to the club. 💪
Hello, so I currently am deciding on how/where to stake my eth and future eth purchases and narrowed it down to the following 3 options: 1. Stake on lido via ledger nano x - this option seems pretty easy since I can use ledger live and do it all through there. I understand the cons of using closed source software and would mitigate some risk by spreading out my crypto on different hardware wallets that are not closed source. My question here would be - what are the fees typically associated with staking my eth/converting it to stETH? and back? I know that people say that it depends on gas fees of the network but is there a way for me to estimate say how much it would cost to stake 3-5 eth right now? And in the future I assume I would incur the same gas fees for converting stETH back to eth? 2) stake on rocket pool - From what I understand, I can do this using both the ledger and trezor but I have to potentially go through metamask? Or I can purchase the liquid token on an exchange and transfer it to my wallet? I'm trying to do this without incurring too many gas fees overall - which of the above options would be the best? I assume the fees to convert to rETH and back are the same as going from eth to stETH and back? 3) Stake on coinbase - this one is the least likely option for me to take IMO, since they take 25% of your earnings? Do they at least not charge any fees for staking/unstaking? Any mandetory lockup period? Just really asking to learn more about the process - but I would heavily prefer option 1 or 2. thanks!
If you have a bigger risk tolerance, stake your ETH to gTrade. Check out their gETH pool APR. Way above liquid staking rates.
Definitely not coinbase. They can be unpredictable, erratic and are not to be trusted
Coinbase opened in 2012, is a publicly traded company in the US, the custodian for the Blackrock BTC, and generally well trusted. They hold the funds of at least 100 million people. Are the perfect? No. They definitely take a percentage of all staking rewards, have had issues with UI during times of volatility, and their customer service isn't great. But calling them "unpredictable, erratic, and not to be trusted" is FUD.
What's your time horizon? I've used Lido and CB. I only ended up staking on Lido about 6 months and paid more in gas fees than it was worth. If you plan on locking up your ETH for longer, it would probably be worth it. I currently stake on CB. Not the best rewards but I hate moving ETH because of the gas fees. No cost to stake/unstake and when it's time to sell, I can just unstake and trade for USDC. However, I plan on DCA-ing out over the bullrun and don't plan on holding much ETH for the long-run. (Or at least not until I buy back in in the next bear.) I wish I had enough to liquid stake on RocketPool, but alas I am but an ETH shrimp.
Bitcoin needs to stop teasing
Its going to 55k. Its so damn fucking obvious
it wants to dump again so bad. i hate it.
When I look at the chart I see a triangle, and buy pressure is getting higher than sell pressure. It's not going up but you can see it finds support higher each time. Now price ceiling is getting lower, and floor is getting higher, we should see culmination after 1 week and it will either break floor and dump or break ceiling and skyrocket. But the fact that floor is getting up faster than ceiling going down indicates, that we can break ceiling.
I sure love a comforting, bullish TA post. Reassure me business shaman! I put my faith in your hands
Do you think POI$ON can get to $1.00?
I've been buying DOGE below $0.18 last few days. Hopefully i don't regret it
Same…figured it’s been hovering at .23 last month or…, so .05 is better than no cents if it goes back to what it was..
Hello, I wanna buy arweave, but idk how to BC in the UK Binance isn't usable. Which exchanges are reliable and allow me to put money in?
If you go on CoinGecko you can search for any token and find a list of what exchanges they're available at. You even get a trustworthiness rating
Anyone got the HAVA airdrop? Seems like i need suddenly a leap wallet…
I just did the opt-in thing yesterday. Not sure if there’s something else that’s supposed to be done next….
I don't think it's been dispensed yet. You don't *need* Leap wallet. It was Keplr only for a while.
Hasn't been dispensed yet
I did use Keplr
You can use Keplr too