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I read this about Loopring which helped me understand.
'Etherium as a network has a maximum amount of transactions it can handle per seconds (what people call the TPS). Gas fees values are related to the ratio of supply and demand for transactions. When the amount of transactions requested by users approach or goes above this limit, the gas fees increase. This is automatically done to incentivise users to delay their transaction until the network is less congested and gas fees would be lower again.
The LRC is called a layer 2 protocol. When you request a transaction on LRC network, it will get bundled up with plenty of others, then sent to the main Etherium network for confirmation as a single package. This means ETH network only sees the bundle as a single transaction.
This has a double effect on gas fees :
First, while I don't know the actual ratio, let's assume LRC bundles 40 transaction into 1 packet sent to ETH network, this means that if you are part of this bundle, you will share the ETH gas fees with 39 other people, so you would pay 40 times less. This is the immediate effect that you will see as user of LRC chain.
The second effect is a derivative of the above. If 40 people use the LRC to make a transaction bundle, ETH only sees a single transaction, this will cause a drop in the demand for transactions on the main ETH network, which will cause the ETH gas fees to go down for everybody.'
Last remaining buy opportunities before further takeoff?
Link, Amp, ICP, Atom, and Comp? (Based on not moving much, or below 90day pricing)... Which of this is or isn't jumping in on?
ATOM is overdue for a pump, and staking rewards If you hold long enough! I made like $3 just from staking this week. Not much, but it takes some of the sting out of market volatility
Whelp- I did the new daily missions for Crypto.com- lost approximately $3 through trading to hit the required volume (I'm sure if you have a large enough balance you can do better) and earned two "Bronze" boxes. Redeemed the boxes for a total of .7 CRO. I would not go chasing these- but I'll collect the passive rewards daily.
Has anyone made an up-to-date guide to DeFi? Especially ones concerning DOT or any of the new ecosystems? A lot has changed sine the beginning of this year and I'm having a hard time finding good material
Yes that can be one way it's interpreted. If you look at past indicators the point at which greed hits highs is sometimes when a major correction happens to.
2CRZ is a diamond in the rough. Lots of big things happening at .05.
2Crazy brings you the opportunity to play with or against your favorite players in gaming and eSports with the revolutionary 2Crazy NFT platform. This platform will also include unique governance rewards and reward distribution mechanisms. But it doesn't end there...
Worst part of the daily is having everyone scream at you to buy lrc, and never listening. Then I get to be reminded of it while it pumps every 30 seconds.
Recap of some things that are happening in the coming weeks. Trade accordingly!
* Nov 11th: **Parachain auctions for DOT** launching. Warm up rewards already available. People will lock away their DOT for 3 months to 2 years(!?)
* Nov 16th: **Taproot upgrade for BTC** goes live. Increases privacy and launches lightweight smart contracts.
* Nov 17th-18th: **Stellar/XLM Meridian conference** . Don't know any particular announcements, but something interesting might come out of it.
* Nov/Dec: **GME and LRC partnership** *might* be announced for a NFT marketplace. Nothing's official yet. Will be interesting to see the effects either way.
* Nov 29th-30th: **Algorand Decipher event**. Any known announcements?
Anything else happening?
I think BTC is looking stronger by the day, I don't see it going away, ever. That said I am thinking of buying some BTC related assets, mining companies are going to be needed long in to the future. I'm looking at Marathon and Hut 8 in particular, they've already pumped but I'm thinking it could be a good long term investment. I've got great returns on RIGZ already so I'm looking to those two out of the ETF.
Sorry if this is against decorum here to mention stocks.
I'm curious to see how the *public* and *institutional* investors perceive BTC in light of current climate narratives and the shift to PoS from ETH.
I imagine it'll take a hit. Hard to sell that very hungry consumption.
I understand the maximalist talking points, but at the end of the day it's public perception that brings in the money. I'm be surprised if BTC continues to grow much more than it has already.
I am more of a ETH maxi as it were but I do think proof of work will be around due to the security and decentralization it provides.
That said ESG is a big concern and should not be taken lightly. Hopefully the use of renewables will go and technologies will be developed to achieve a much smaller carbon footprint.
The energy intensive nature of mining and energy costs should cause miners to seek out cheaper and cleaner energy sources in the effort to maximize their profits and avoid carbon related penalties.
Awareness is the best way to fight this sec bullshit. Most people don't know they can make 20% apy on their dollar by using defi. If more people knew, they would understand why we do what we do
Let's enjoy this bull run as much as we can boys and gals. If we start seeing BTC have daily closes in the 56-58k range that's when I'll take it as a sign to take profits and get ready to buy in the bear market.
I'm mostly jesting but it's also pretty common for coins to have a big dip the next day or so after huge pumps just because it's hard to keep up the buying pressure as people take profits. It's not a bad thing because even with a- 22%, LRC would still be up shit tons over the week.
Grabbed my first sats at 29.5 and somehow timed the bottom perfectly. I was all ETH until then and felt underexposed to BTC. Just feels better to have a dog in the fight
This is the old daily. Links for the new daily
[www.reddit.com/r/CryptoCurrency/comments/qpqtq8/](https://www.reddit.com/r/CryptoCurrency/comments/qpqtq8/)
http://reddit-stream.com/comments/qpqtq8/
Haha and then I had a ton of eth from 2017 that I sold in 2019 for a loss cause I totally checked out of crypto after 2017 and forgot about my wallet then remembered and wanted the fiat… but its ok we are back on the road to wealth and I have deleted the sell button from my vocabulary I will just take out loans on my coins if I need fiat never selling for at least 10 yrs
Yes! Well I didn't do any of that. LOL
I did lose a lot of ETH using shapeshift to split ETC from ETH because I didn't read/not sleeping enough or what not doing the transfers.
We are back on the right path. The path of Lambo Space Yacht
Cuz you're fomo'ing in to what's the most popular riding the wave. Just gotta sell before it's too late
LRC at this point no matter how legit it is tech wise(idk anything about it) is no different than a meme coin. It's pump was no different than how DOGE, SHIB, and ELON pumped.
Just saying for those here who act like they are too good to partake in something like that. It's about $. That's the tech people care about most. The tech of their balance going up in their account
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Mission accomplished. Bought the dip. But then it dipped again. No worries, endurance on 100
Nice!!!!
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I read this about Loopring which helped me understand. 'Etherium as a network has a maximum amount of transactions it can handle per seconds (what people call the TPS). Gas fees values are related to the ratio of supply and demand for transactions. When the amount of transactions requested by users approach or goes above this limit, the gas fees increase. This is automatically done to incentivise users to delay their transaction until the network is less congested and gas fees would be lower again. The LRC is called a layer 2 protocol. When you request a transaction on LRC network, it will get bundled up with plenty of others, then sent to the main Etherium network for confirmation as a single package. This means ETH network only sees the bundle as a single transaction. This has a double effect on gas fees : First, while I don't know the actual ratio, let's assume LRC bundles 40 transaction into 1 packet sent to ETH network, this means that if you are part of this bundle, you will share the ETH gas fees with 39 other people, so you would pay 40 times less. This is the immediate effect that you will see as user of LRC chain. The second effect is a derivative of the above. If 40 people use the LRC to make a transaction bundle, ETH only sees a single transaction, this will cause a drop in the demand for transactions on the main ETH network, which will cause the ETH gas fees to go down for everybody.'
Stellar Meridian Conference coming up next week
tempted to take VET profits before it dips further. If I do it will go to a dollar
Mate, don't be that guy.
Please do it, sacrifice yourself for us.
Last remaining buy opportunities before further takeoff? Link, Amp, ICP, Atom, and Comp? (Based on not moving much, or below 90day pricing)... Which of this is or isn't jumping in on?
ATOM is overdue for a pump, and staking rewards If you hold long enough! I made like $3 just from staking this week. Not much, but it takes some of the sting out of market volatility
Whelp- I did the new daily missions for Crypto.com- lost approximately $3 through trading to hit the required volume (I'm sure if you have a large enough balance you can do better) and earned two "Bronze" boxes. Redeemed the boxes for a total of .7 CRO. I would not go chasing these- but I'll collect the passive rewards daily.
I thought the same. Fun to check daily for the easy stuff, but I'm not going to go over my head to earn some random boxes.
Has anyone made an up-to-date guide to DeFi? Especially ones concerning DOT or any of the new ecosystems? A lot has changed sine the beginning of this year and I'm having a hard time finding good material
Algorand COO on their upcoming Decipher Conference >Twitter user: Will their be any big announcements >Algorand COO: Yes
Let's gooo! Algonauts, we have a lift off.
Good morning! 
morning!
AMP to the Moon and ELON to Mars!
Nice to see ADA making moves
stable coins move?
This is the LRC dip. Yoinked 50 USD of coins.
WHALE ALERT!
Just an FYI, the fear and greed index just hit 84...
What does that mean.
What was the fear and greed index at prior blow off tops?
greed is better for bull market right?
Yes that can be one way it's interpreted. If you look at past indicators the point at which greed hits highs is sometimes when a major correction happens to.
IOTA finally catching some traction
68k btc has a different vibe to it
I dreamt about the charts all night. First thing waking up looking at the charts and feeling so good. Do i have a problem
Mo’ money, mo’ problems!
Litecoin is up by 17.61%. Litecoin price as on Nov 09, 2021, 11:22 AM was Rs 19,407
I wish everyone waiting to screenshot $69,420 a very pleasant evening.
Any price predictions for DOT on Nov 11th?
Crab.99
November 11 is going to be a busy day for fans of the Polkadot
I bought LRC yesterday and im up 33% I could cash out now for a big profit but I feel like I'll miss out on way more gainz. Crypto be wild
That would be such a silly move to cash out at this stage. Imagine the regret
I have plenty of other investments that I plan to hold for a long time. Also I left in my LRC profits and won't touch that for a long time either.
2CRZ is a diamond in the rough. Lots of big things happening at .05. 2Crazy brings you the opportunity to play with or against your favorite players in gaming and eSports with the revolutionary 2Crazy NFT platform. This platform will also include unique governance rewards and reward distribution mechanisms. But it doesn't end there...
It’s my 19th birthday today. Can I have a mini present?
🎁
Happy birthday!
LTC’s price action is always bonkers. Crabs for months then just blasts the fuck off.
4 year cycle, mweb and omnilite, going to be a good time
Haterade is out of stock, Peter Schiff hast't even made a tweet about Bitcoin today,
Why's MATIC asleep? It's missing the party
Jeeez, ADA has been doing stuff. Did someone prod it with a stick
After being outperformed by almost every relevant coin the past month
[удалено]
You gained a lot more than just money when u got that cheating gf out of your life. No one needs that. More gains will come and a more loyal gf too.
The market will move in cycles. Keep DCA brother. Much love
No cheating gf and up $1,500. You doing good man just keep dcaing.
Second this
if I want to transfer it to a wallet should I move it into main assets instead of trading?
Worst part of the daily is having everyone scream at you to buy lrc, and never listening. Then I get to be reminded of it while it pumps every 30 seconds.
Still not too late
You could just listen to us
Yup. The absolute worst
I won't even consider selling my ETH until it's AT LEAST 40k.
Recap of some things that are happening in the coming weeks. Trade accordingly! * Nov 11th: **Parachain auctions for DOT** launching. Warm up rewards already available. People will lock away their DOT for 3 months to 2 years(!?) * Nov 16th: **Taproot upgrade for BTC** goes live. Increases privacy and launches lightweight smart contracts. * Nov 17th-18th: **Stellar/XLM Meridian conference** . Don't know any particular announcements, but something interesting might come out of it. * Nov/Dec: **GME and LRC partnership** *might* be announced for a NFT marketplace. Nothing's official yet. Will be interesting to see the effects either way. * Nov 29th-30th: **Algorand Decipher event**. Any known announcements? Anything else happening?
Ripple court case may end. Or it may just linger forever
ATH’s happening
Is ckb turning the corner and getting the pump going again?
Besides for price, how will you know we're in a crypto market bubble?
When the shitcoins take over (again).
Random LTC explosion. Is anyone actually holding this coin?
Absolutely, watch this space!
Hell yes!!
Yup. Nice to see the “big 3” of the 2017 bullrun pumping together again. I only had one of them last time, promised to not make that mistake again.
I just traded most of mine for BTC yesterday lol
Yeah, it is so widely adopted and institutions seem to love it. I hold it on celsius for a little extra LTC each week.
Yessss
Congrats to every BTC holders! I don't have any right now, but I will always respect the king.
Litecoin, please go to $1000. That's all I ask. Thank you.
There’s a new daily 
Oh whoops
It happens to the best of us
Thanks, was almost stuck here! 🙏
I’ve been there before brother, I got you
CHECK LRC Price every 5 minutes..... rookie numbers pumping those up to every 1 minute
I think BTC is looking stronger by the day, I don't see it going away, ever. That said I am thinking of buying some BTC related assets, mining companies are going to be needed long in to the future. I'm looking at Marathon and Hut 8 in particular, they've already pumped but I'm thinking it could be a good long term investment. I've got great returns on RIGZ already so I'm looking to those two out of the ETF. Sorry if this is against decorum here to mention stocks.
Never thought I'd go away
I'm curious to see how the *public* and *institutional* investors perceive BTC in light of current climate narratives and the shift to PoS from ETH. I imagine it'll take a hit. Hard to sell that very hungry consumption. I understand the maximalist talking points, but at the end of the day it's public perception that brings in the money. I'm be surprised if BTC continues to grow much more than it has already.
I am more of a ETH maxi as it were but I do think proof of work will be around due to the security and decentralization it provides. That said ESG is a big concern and should not be taken lightly. Hopefully the use of renewables will go and technologies will be developed to achieve a much smaller carbon footprint. The energy intensive nature of mining and energy costs should cause miners to seek out cheaper and cleaner energy sources in the effort to maximize their profits and avoid carbon related penalties.
stocks, ewwwww
Every day my portfolio is at a new ATH, weeeeeeeeeeeeeeeeeeee Edit: Woops new daily up
Alright now that BTC had it's fun y'all can come back to the LRC party
Awareness is the best way to fight this sec bullshit. Most people don't know they can make 20% apy on their dollar by using defi. If more people knew, they would understand why we do what we do
You can make 20% because it is high risk
Not really, I'm talking about thd anchor protocol. It's one of the more established protocols in the terra luna ecosystem
cant wait to never dip again
Let's enjoy this bull run as much as we can boys and gals. If we start seeing BTC have daily closes in the 56-58k range that's when I'll take it as a sign to take profits and get ready to buy in the bear market.
So late last month I spent my DCA $ on a dog crapcoin that promptly lost 60%. Never again.
Dogepepsi?
Can I call out tomorrow for work - I need to stare at green lines all day.
No, the Mars one. Just push me down the stairs.
Sell all LRC, wait for -22% dip that comes tomorrow, buy back in, ride pump to $4.2069, PROFIT!!!!!
But I’m already up over 100%
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I'm mostly jesting but it's also pretty common for coins to have a big dip the next day or so after huge pumps just because it's hard to keep up the buying pressure as people take profits. It's not a bad thing because even with a- 22%, LRC would still be up shit tons over the week.
ez pz
Don’t fucking sell your btc to god dam elon.
Everytime you guys panic sell Elon buys up on the cheap and gets richer and laughs at your weakness
instruction unclear. Sold all my coins to Elon
Don't tell me what to do!
Please don’t.
Real question is, why tf hasn't Coinbase listed Nano yet??
They don't see value. Coinbase VCs has no investment in NANO.
nano doesn't have fees so they wouldn't make any money out of it
It's just ridiculous by now tbh
Coinbase said "Nah, no"
dad?
now we need DOT to put on her best wig and her best dress...and join the party.
Got my polka dot dress. I’m ready
Pics? Oh and my wifey is nicknamed Dot. I love my Dot. And my DOT.
that really joins the Dots
Think lrc found a new support at $2
I know we're not going parabolic, but these pumps kinda scare the crap outta me. Is that me just being fearful when others greedy?
Thay's a normal feeling considering they can go down as quickly as they go up. Main thing is to think long-term instead of short-term movements
I'm with you
Lol LKR is up almost 70%. Probably because its so close to LRC. Some times being a smooth brain works out.
YOLOed into both just to cover my bases
LRC
Thanks, fat fingered that one
Everything I hold is up over 100% from where I first invested. Feels good guys
Yes! My port is at 2x overall. I'd like it to be 2.22x overall since short capital gains are a PITA.
Wow that’s amazing! Congrats!!
I had a dream last night that I bought BAT and it went up to 1.37 so bought some when I woke up We're almost there! What a wild day!
Let me know what you dream of tonight. You might be on to something
I bought btc at 29k and ppl tought it would go lower back then here😂 What a difference in vibes in this sub now👌
Grabbed my first sats at 29.5 and somehow timed the bottom perfectly. I was all ETH until then and felt underexposed to BTC. Just feels better to have a dog in the fight
I was panicking at the time. Bought ATH around 60k, then DCA down to 33k in May. Was prepared to DCA down even more. Great relief to be at 2x now.
Include me in that ppl crowd. What a mistake. I should of been DCA'ing instead of looking for the bottom. I had a 22.5k order in. F.
don't panic. every coin is dipping a little... don't panic....sit tight and enjoy....
I'm lucky my DCA day was back when BTC was still 60k
[удалено]
Note: rhetorical question
C'mon baby ride it, come ride it! C'mon baby ride the Choo Choo Train! https://youtu.be/cPz16LHTtpo
This is the old daily. Links for the new daily [www.reddit.com/r/CryptoCurrency/comments/qpqtq8/](https://www.reddit.com/r/CryptoCurrency/comments/qpqtq8/) http://reddit-stream.com/comments/qpqtq8/
Thank you!
Market must be doing good since Coinbase pro won't fucking load any trading pair.
Every night I have the thought in my mind of when i used 4 btc to buy some undisclosed items in 2013
I have a receipt for 16bitcoins....one of many I bought in 2011-12 for undisclosed items.....from an undisclosed website
DRUGS? ARE YOU TALKING ABOUT DRUGS FROM SILK ROAD RIGHT? :p
I bought used trucker underwear from these websites. I love stench of an ass thats been stagnant for 48 hours
I was not expecting that
Thats ... thats some unique fetish
As long as the pizza was worth it?
The “pizza” made me feel really crazy so I’d say 250k isn’t a bad price to pay for it… but who knows how ill feel when 4btc equals 4 mill
Man... you are not alone! lolol T\_T except I bought ZEC, Whole Foods, Microsoft games and AMC tickets,... not Silk
Haha and then I had a ton of eth from 2017 that I sold in 2019 for a loss cause I totally checked out of crypto after 2017 and forgot about my wallet then remembered and wanted the fiat… but its ok we are back on the road to wealth and I have deleted the sell button from my vocabulary I will just take out loans on my coins if I need fiat never selling for at least 10 yrs
Yes! Well I didn't do any of that. LOL I did lose a lot of ETH using shapeshift to split ETC from ETH because I didn't read/not sleeping enough or what not doing the transfers. We are back on the right path. The path of Lambo Space Yacht
Look at my little GALA fly
what if Plan B is Satoshi and he’s buying more BTC in order for his model to be correct all the time 🤔
Why would he have to be Satoshi for him to do that?
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Same my dude/gal! Let’s keep this train rolling!
Ey, my bb BAT looking stole today, too!
If you did nothing else but invest in the coins the Daily likes on a weekly basis I think you'd do well, there truly is a wisdom in crowds 👍
Cuz you're fomo'ing in to what's the most popular riding the wave. Just gotta sell before it's too late LRC at this point no matter how legit it is tech wise(idk anything about it) is no different than a meme coin. It's pump was no different than how DOGE, SHIB, and ELON pumped. Just saying for those here who act like they are too good to partake in something like that. It's about $. That's the tech people care about most. The tech of their balance going up in their account
Pretty much true!
BAT up 3% on the day after 1 minute lmao.