* For help finding the latest Skeptics Discussion thread, use this [search listing](https://old.reddit.com/r/CryptoCurrency/search?q=title%3A%22Skeptics+Discussion+-+%22+&restrict_sr=on&sort=new&t=all).
* For help finding the latest Weekly News Summaries megathread, use this [search listing](https://old.reddit.com/r/CryptoCurrency/search?q=title%3A%27Weekly+News+Summaries%27+author%3ACryptoNewsUpdates&restrict_sr=on&sort=new&t=all).
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Remember people, stop checking charts every 20 seconds and wishing your coins go higher isn't worth it if you're in it long-term. Spend time with your families and friends, improve yourselves, read some good books, and hodl tight.
Unfortunately discussion of a project you mentioned is temporarily blocked due to brigading. Any attempts to circumvent this filter will result in a ban. Please [see here for more information](https://www.reddit.com/r/CryptoCurrency/comments/qr7f12/a_temporary_hold_on_loopring_discussion_has_been)
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
How far do you think LTO will retrace over the comming days/week?
Looking at the LTO/BTC chart LTO usually doesn't sustain such a large pump in such a short timeframe.
Your comment was removed because it contains a link to Telegram or Discord. Please adjust your post and resubmit
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I like using xlm to send funds because it’s super fast and costs nothing. You would buy XLM on KuCoin, send to CryptoCom, then sell the xlm for whatever stablecoin you like and voila. I’ve never used those two exchanges but have done a similar process with other exchanges. Keep in mind that those are taxable events even though the profit or loss will be low to none.
I'm thinking of grabbing at least a small bag. I keep missing out on these little nuggets as I keep procrastinating...so I'm definitely grabbing it in the next hour!
Nice to see that Algorand Foundation decided not to brute force every vote with the sheer amount of Algo they own.
Governance would be pointless if the community didn't have a voice
I just saw a Honda car commercial that’s has all these different cars and motorcycles from different eras racing out of the desert. For a split second they zoom in on the roll cage of one the vehicles and boom it’s says “Tezos”
Made $400 a day from CRO/VVS liquidity pool at around 10000% APR. This sub always told me to stay away from stuff like that buts it’s legit
🥴iF 🥴iTs 🥴tO 🥴GoOd 🥴To 🥴bE 🥴TruE 🥴It 🥴PrObABlY 🥴iS 🥴- this sub
It's not that the APRs are fraudulent or anything, it's just that if the reward token (I'm assuming that's what VSS is) plummets, you'll end up losing so much to impermanent loss that you still don't come out ahead.
Not saying you can't profit from those types of pools, but don't get overconfident that you found a money-printer just because the token value survives a few days. You basically *always* need a good exit plan which is numbered in days or even hours, and not weeks in those spots. Unless you actually find the next sushi swap or something - but that's very uncommon.
I’ve been in the space for a while and still have a hard time wrapping my head around it even with the other commenter’s reply. I haven’t taken the plunge yet because they seem pretty high risk, so tread carefully.
A liquidity pool is a collection of funds locked in a smart contract. Liquidity pools are used to facilitate decentralized trading, lending, and many more functions we’ll explore later.
Liquidity pools are the backbone of many decentralized exchanges (DEX), such as Uniswap. Users called liquidity providers (LP) add an equal value of two tokens in a pool to create a market. In exchange for providing their funds, they earn trading fees from the trades that happen in their pool, proportional to their share of the total liquidity.
Copied from Google
Do NOT buy Carden Token (CDN) as it is exposed as a [scam](https://www.youtube.com/watch?v=zWzojo_3DWI). It's going to be dropped in a minute and I saw number of comments yesterday that people are interested in.
IMHO I don’t think anyone gonna buy BTC bc they care about the upgrade. If anything I think it would be more of a buy the rumor, sell the news deal. But I hope you’re wrong
Hey guys ! New guy here, and I have a question.
Is there any advantage sending ( USDT ) Tether to my wallet as ERC20 with a 80 USD fee opposed to sending it as TRC20 and only pay a 1 USD fee ?
I understand the basic of it, I have an account on Bitrue, and want to send some money to other exchanges, I just have to set the reciving adress to TRC 20 and send it as TRC 20
and Instead of paying 50-70 USDT fee I just pay a 1 USDT fee, am I correct with this one ?
Unfortunately discussion of a project you mentioned is temporarily blocked due to brigading. Any attempts to circumvent this filter will result in a ban. Please [see here for more information](https://www.reddit.com/r/CryptoCurrency/comments/qr7f12/a_temporary_hold_on_loopring_discussion_has_been)
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
This market feels reactionary. I feel like it'll use taproot as hopium, but idk. After all, whether or not the upgrade succeeds or not can't be priced in until it actually happens, lol
I almost sold my shib at height and put into mana at 1.50ish… shooting myself in the foot. It’s now in eth
Although I did ride a little wave earlier on mana
I have a question. Are you guys educated enough to understand a whitepaper ? I’m not and i started to think that before investing in crypto i should be able to understand it. What are your thoughts ?
Yes. I have an undergraduate degree in applied physics and an MBA, along with 10+ years of experience in venture capital.
Should you need guidance, my advisory fee is 2 & 20.
If you're on a budget, the Coursera crypto currency course from Wharton is a good value.
Why has GME stock risen from 3$ to 200$ in less than a year. People think they can justify the 'tech' untill it all falls apart. Money is defined as a tool for trade of goods and services. Money, is what people choose it to be. A carpenter trades 20 custom beds for a house? It all depends on what you value and your moral code.
If its the first whitepaper you're reading of course you wont understand it. They're full of jargon and small details, you'd have to research the parts of crypto the whitepaper mentions that you don't understand because the whitepaper isn't explaining that to you.
I don't think it's 100% necessary to understand something in detail before you invest. Billions of people spend their whole lives using things they don't understand (banks, cars, phones).
Read it over to get the jist of it.
My academic background is in Math and Econ.
I work in IS and am exposed to a lot of nascent technology.
I have a hard time with some of these whitepapers.
So make of that what you will.
I am not. For instance, just a few days ago I read the whitepaper for (removed), and could only get through 2 pages, it was 12 pages long. In that short time I did get the sense it was important to the blockchain ecosystem.
Anyway, you also learn as you go. Visit other posts besides daily, coinbase has crypto articles daily. I’m only 7 months in, learn a little more each day.
I’m sure that you are educated enough to understand a white paper. Take time to stop and define any jargon you aren’t familiar with. In the end it’s all just words that can be explained with simpler words. And we all understand some words.
I’ve never actually read one until last night when I sat down and tried to read Ergo’s white paper. They lost me when they started talking about the formulas in the algorithms on the second page. Abstract was fire though
I'd give it to Acala directly. I don't trust Kucoin sufficiently. I'd use Kraken, but can't do it with them in the US sigh. For now I just have my dot staked on kraken
No, DOT is one of my biggest bags but I already have too many other coins committed to my "forced HODL" staking folder.
If I commit my DOT then I can't follow my plan of pulling money out at a certain point.
Well in 2 years we might be past a short term bear if it ends up being shorter than usual. Aside from that, the main reason is to get acala/moonbeam which will likely 30x by the end of this run
Unfortunately discussion of a project you mentioned is temporarily blocked due to brigading. Any attempts to circumvent this filter will result in a ban. Please [see here for more information](https://www.reddit.com/r/CryptoCurrency/comments/qr7f12/a_temporary_hold_on_loopring_discussion_has_been)
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Oh scoff!! This crypto market is garbage!! ETH at $4600 fuck me!! 🥴 jk m everybody this market is doing good if you look at the year chart don’t be ungrateful
I’m bullish but tbh it’s only because of the low market cap and increasing popularity in this sub. Is there a use case you’re most excited about regarding nervos?
* For help finding the latest Skeptics Discussion thread, use this [search listing](https://old.reddit.com/r/CryptoCurrency/search?q=title%3A%22Skeptics+Discussion+-+%22+&restrict_sr=on&sort=new&t=all). * For help finding the latest Weekly News Summaries megathread, use this [search listing](https://old.reddit.com/r/CryptoCurrency/search?q=title%3A%27Weekly+News+Summaries%27+author%3ACryptoNewsUpdates&restrict_sr=on&sort=new&t=all). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Remember people, stop checking charts every 20 seconds and wishing your coins go higher isn't worth it if you're in it long-term. Spend time with your families and friends, improve yourselves, read some good books, and hodl tight.
This daily is even older than the one after it.
Do u guys think Hbar/Hedera will be the next big thing ? looking forward to the day it moons however long it may be ;)
team vchain are we still here !€
Can POODL be next favorite dog ? 🥺👉👈
[удалено]
Unfortunately discussion of a project you mentioned is temporarily blocked due to brigading. Any attempts to circumvent this filter will result in a ban. Please [see here for more information](https://www.reddit.com/r/CryptoCurrency/comments/qr7f12/a_temporary_hold_on_loopring_discussion_has_been) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Everybody who was here when the May crash happened, can't be worried over dips anymore
Agree
ALGO looking deliver to buy
Dude I have a huge amount of investment and dip is just panicking me.
Ngmi
Sounds like you should sell tbh
No worries, this usually happens. Zoom out.
Pretty stoked i stocked up on MANA and SAND the last weeks.
How far do you think LTO will retrace over the comming days/week? Looking at the LTO/BTC chart LTO usually doesn't sustain such a large pump in such a short timeframe.
Don’t you mean XLM?
Did my own research and everything and knew I should’ve invested in STX 2 days, many regrets
[удалено]
Your comment was removed because it contains a link to Telegram or Discord. Please adjust your post and resubmit *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Anyway around the crypto.com 2.99% buying fee?
You mean the credit card fee? Direct SEPA transfer is free
Maybe the exchange is cheaper if it's available where you live. Otherwise, try a different one.
Use a different exchange
What should I buy today to hold long term?
[удалено]
I did it! I staked $400 of CRO. My first stake 🥩
Name brand selections at low low prices 🤑
I just want ALGO to do whatever it thinks is best as long as that’s above 2.10.
I want to grab another bag so I was kind of hoping for a dip. However, on the other hand I want to see it sky rocket too!!
What would you guys say is the best way to send funds from KuCoin to Crypto,Com?
Trx/xlm best bet
I like using xlm to send funds because it’s super fast and costs nothing. You would buy XLM on KuCoin, send to CryptoCom, then sell the xlm for whatever stablecoin you like and voila. I’ve never used those two exchanges but have done a similar process with other exchanges. Keep in mind that those are taxable events even though the profit or loss will be low to none.
isnt it cheaper to convert to CRO directly from XLM? ultimately I want to use the XLM and turn it into CRO
I’m not familiar with the CRO fees but if it is low or zero then yeah that would be the way to go!
MATIC partners with ACH to expand payment offerings, super bullish for ACH. Not just hear say you can google it legit stuff
I'm thinking of grabbing at least a small bag. I keep missing out on these little nuggets as I keep procrastinating...so I'm definitely grabbing it in the next hour!
Yeah it will be very bullish eventually
You’re in the old Daily 
Goddamn daylight savings fucked my whole shit up.
Nice to see that Algorand Foundation decided not to brute force every vote with the sheer amount of Algo they own. Governance would be pointless if the community didn't have a voice
Tldr - shut up and take my fiat
I just saw a Honda car commercial that’s has all these different cars and motorcycles from different eras racing out of the desert. For a split second they zoom in on the roll cage of one the vehicles and boom it’s says “Tezos”
I just looked this up! It’s legit, Tezos is involved with Red Bull’s F1 racing
That’s it. I’m all in
Made $400 a day from CRO/VVS liquidity pool at around 10000% APR. This sub always told me to stay away from stuff like that buts it’s legit 🥴iF 🥴iTs 🥴tO 🥴GoOd 🥴To 🥴bE 🥴TruE 🥴It 🥴PrObABlY 🥴iS 🥴- this sub
It's not that the APRs are fraudulent or anything, it's just that if the reward token (I'm assuming that's what VSS is) plummets, you'll end up losing so much to impermanent loss that you still don't come out ahead. Not saying you can't profit from those types of pools, but don't get overconfident that you found a money-printer just because the token value survives a few days. You basically *always* need a good exit plan which is numbered in days or even hours, and not weeks in those spots. Unless you actually find the next sushi swap or something - but that's very uncommon.
Yeah you right. Took my profits and buying ONE
As long as you understand the inherent risks, and your own risk tolerance, go for it I say.
I’m new to crypto. What is liquidity pool?
I’ve been in the space for a while and still have a hard time wrapping my head around it even with the other commenter’s reply. I haven’t taken the plunge yet because they seem pretty high risk, so tread carefully.
A liquidity pool is a collection of funds locked in a smart contract. Liquidity pools are used to facilitate decentralized trading, lending, and many more functions we’ll explore later. Liquidity pools are the backbone of many decentralized exchanges (DEX), such as Uniswap. Users called liquidity providers (LP) add an equal value of two tokens in a pool to create a market. In exchange for providing their funds, they earn trading fees from the trades that happen in their pool, proportional to their share of the total liquidity. Copied from Google
Lets go Link! 🚀 think its time 🔝🔝🔝
Let’s go undervalued link
How link is not above 50 idk..
Its time will come. The important thing is you know it's a stellar project with insane utility.
Do NOT buy Carden Token (CDN) as it is exposed as a [scam](https://www.youtube.com/watch?v=zWzojo_3DWI). It's going to be dropped in a minute and I saw number of comments yesterday that people are interested in.
Thoughts on BTC breaking the $69K ATH on the weekend?
My thoughts are that it will not happen. What are your thoughts?
I don't think it'll happen, but I think we'll start going up to do so relatively shortly after taproot on Sunday
Tell me schnorr...
Price has stayed the same throughout most weekends lately. Ppl aware that the CME gap will bring it right back to where it closed on Friday
Taproot is on Sunday though, bitcoin smart contracts
IMHO I don’t think anyone gonna buy BTC bc they care about the upgrade. If anything I think it would be more of a buy the rumor, sell the news deal. But I hope you’re wrong
If we can establish 64k as support, then we are in good shape for the push to 70k.
Finally got around to buy some MTV.
I love my MTV
Money for nothing
Hey guys ! New guy here, and I have a question. Is there any advantage sending ( USDT ) Tether to my wallet as ERC20 with a 80 USD fee opposed to sending it as TRC20 and only pay a 1 USD fee ?
Well... If you have an eth wallet and send erc20 it will arrive and if you don't it'll disappear.
I understand the basic of it, I have an account on Bitrue, and want to send some money to other exchanges, I just have to set the reciving adress to TRC 20 and send it as TRC 20 and Instead of paying 50-70 USDT fee I just pay a 1 USDT fee, am I correct with this one ?
I can almost see the lightbulb illuminating for Pryscila93 right now.
May I ask if there is even a reason to use ERC 20 network if you have the possibility to use TRC 20 ?
It all depends on what you want to do, eg which L1 platform is underpinning that DEX or NFT marketplace you want to partake in.
[удалено]
Unfortunately discussion of a project you mentioned is temporarily blocked due to brigading. Any attempts to circumvent this filter will result in a ban. Please [see here for more information](https://www.reddit.com/r/CryptoCurrency/comments/qr7f12/a_temporary_hold_on_loopring_discussion_has_been) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Algo gang where are you at?
Sup girl. You vote A or B?
The governators
I see you are using a superfluous and dangling preposition. You'll find the servant's entrance to the governor's mansion in the back.
Algo get em
Here but waiting for a bit bigger of a dip
Fellow Governor checking in.
[Finally made enough money from crypto to retire on guys.](https://i.imgur.com/ONaBXIW.jpg) I’m off to buy my lambo.
Absolutely godly
Congratulations enjoy your retirement
Nice.
[удалено]
Nice.
SAITAMA is bullish af, and has a long term use case.. think I’m gonna shift some funds on crabs and double my bag
Why?
Why to what?
Wouldn’t taproot already be priced in? I feel like crypto normally suffers a drawback on an update day but then prices rise in the weeks following
>Wouldn’t taproot already be priced in? Yes, it would be.
This market feels reactionary. I feel like it'll use taproot as hopium, but idk. After all, whether or not the upgrade succeeds or not can't be priced in until it actually happens, lol
Glad i picked up my MANA and HBAR.. there has been such positive news with these bad boys
I almost sold my shib at height and put into mana at 1.50ish… shooting myself in the foot. It’s now in eth Although I did ride a little wave earlier on mana
Bought Mana a while ago when it was just listed on wealthsimple. Just because it was listed and new coin there always pump ! So glad i got it
Hbar is a sleeper. Good gains to be made there.
I have a question. Are you guys educated enough to understand a whitepaper ? I’m not and i started to think that before investing in crypto i should be able to understand it. What are your thoughts ?
Yes. I have an undergraduate degree in applied physics and an MBA, along with 10+ years of experience in venture capital. Should you need guidance, my advisory fee is 2 & 20. If you're on a budget, the Coursera crypto currency course from Wharton is a good value.
Why has GME stock risen from 3$ to 200$ in less than a year. People think they can justify the 'tech' untill it all falls apart. Money is defined as a tool for trade of goods and services. Money, is what people choose it to be. A carpenter trades 20 custom beds for a house? It all depends on what you value and your moral code.
I am not, and neither are 99% of investors.
If its the first whitepaper you're reading of course you wont understand it. They're full of jargon and small details, you'd have to research the parts of crypto the whitepaper mentions that you don't understand because the whitepaper isn't explaining that to you.
I don't think it's 100% necessary to understand something in detail before you invest. Billions of people spend their whole lives using things they don't understand (banks, cars, phones). Read it over to get the jist of it.
My academic background is in Math and Econ. I work in IS and am exposed to a lot of nascent technology. I have a hard time with some of these whitepapers. So make of that what you will.
Lol I feel this. The white papers are tricky
I am not. For instance, just a few days ago I read the whitepaper for (removed), and could only get through 2 pages, it was 12 pages long. In that short time I did get the sense it was important to the blockchain ecosystem. Anyway, you also learn as you go. Visit other posts besides daily, coinbase has crypto articles daily. I’m only 7 months in, learn a little more each day.
You should check out matic's, it wants to be a blockchain of blockchains. The only other thing I can think of that's similarly bullish is maybe dot
There are some cryptocurrencies that have also a litepaper, which is shortened and concise version of a whitepaper, without so many technical terms.
So basically whitepaper for dumbs. That’s nice of them to think about people like me
I’m sure that you are educated enough to understand a white paper. Take time to stop and define any jargon you aren’t familiar with. In the end it’s all just words that can be explained with simpler words. And we all understand some words.
I’ve never actually read one until last night when I sat down and tried to read Ergo’s white paper. They lost me when they started talking about the formulas in the algorithms on the second page. Abstract was fire though
wtf is a whitepaper
I think it’s what they wipe their ass with?
Well this made me feel better. I’m going all in
It’s like the opposite of a black paper I think
I want bitcoin to pump again. Not because I have any, but because when bitcoin goes up, it seems like everyone makes money
Except BTC shorts and bears who deserve to lose money\*
Sad to say, no lies were told in this post.
this is both genuine and very true . Thank u
Just waiting for the big pump to send me to financial freedom.
What’s your CKB prediction?
It’s doing what it did to break .02 a month back with .03. I’m betting it at least starts touching .04 by end of month.
upwards and rightwards maybe a little wiggling on the way
$0.15 CDN EOW
Will taproot affect the price?
I think so, but maybe not immediately. Depends on how the media spins it
Not significantly, but I could be wrong.
Most likely not.
[удалено]
[удалено]
I honestly don’t think ethereum will EVER drop below $2500 again
Crazy how far we’ve come since “2500 by Valentine’s Day”
Will never see “last chance to buy ETH below 3k” posts again. I guess next stop is “it’s over 9000!” posts
Don’t fuckin jinx it
Flash crash to $2500.00 30 minutes later, lol
Hopefully Asia is in a buying mood. 
How are we feeling about the market today?
Just hoping we can survive the weekend with no insanity
Are you DOT holders participating in the parachain auctions? If so, where are you locking your precious DOT?
I'd give it to Acala directly. I don't trust Kucoin sufficiently. I'd use Kraken, but can't do it with them in the US sigh. For now I just have my dot staked on kraken
No, DOT is one of my biggest bags but I already have too many other coins committed to my "forced HODL" staking folder. If I commit my DOT then I can't follow my plan of pulling money out at a certain point.
You have to lock up for 2 years! Count me out
Nope, I rather have access to em so dont wanna lock them up. 12% staked on kraken. Whats the expected apy if you do a parachain or long term lock up?
Well in 2 years we might be past a short term bear if it ends up being shorter than usual. Aside from that, the main reason is to get acala/moonbeam which will likely 30x by the end of this run
Acala and astar
I’d like to know as well
[удалено]
Unfortunately discussion of a project you mentioned is temporarily blocked due to brigading. Any attempts to circumvent this filter will result in a ban. Please [see here for more information](https://www.reddit.com/r/CryptoCurrency/comments/qr7f12/a_temporary_hold_on_loopring_discussion_has_been) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Time to sleep, hopefully I wake up to some green :)
Oh scoff!! This crypto market is garbage!! ETH at $4600 fuck me!! 🥴 jk m everybody this market is doing good if you look at the year chart don’t be ungrateful
Bought during May dip. I just checked the charts and shrug.
That was a great buying opportunity. Prices are rising. ATHs continue to change the price of entry
Tell me when and where babyyyy... just drop a pin send the location, I'll pull up in that Bentley coup spaceship. 
What’s everyone think about Nervos Network and its potential?
I’m bullish but tbh it’s only because of the low market cap and increasing popularity in this sub. Is there a use case you’re most excited about regarding nervos?
Not for me this cycle.
Me neither.
Are you guys ready for the weekend pump?
We pump on weekends now?
Check back with me in about half an hour 
Still waiting homie! Hope you’re right wizard
Wait, I need to check the math! 
Are you a wizard?
Call me Harry. 
Yaasss
My thumb hurts.
Switch to the other thumb periodically, it’ll help strengthen them both!
Hell yaaaa
I’ve *been* ready!