Two sides of the same coin (pun intended). We’re fine, folks. HODL reddit.com/gallery/n9h2q6
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πŸ‘€︎ u/NCBuckets
πŸ“…︎ May 10 2021
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Understanding, mastering, coining puns for a non-native speaker: what level of proficiency is required?

Puns are often favourite literary device used in marketing, advertising, speech making, or witty comebacks. What level of proficiency is generally required to achieve for a non-native speaker in any language:

  • understanding puns?
  • using puns?
  • coining puns without being familiar with ones that are common?

Thanks.

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πŸ‘€︎ u/kiwigoguy1
πŸ“…︎ May 23 2020
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What else is buzzing at Art in Coins?? Pun intended of course, but we're excited about the coming soon 2019 Cameroon 1 Ounce Benefit of Nature - Honey Bee Proof-like .999 Silver Coin artincoins.com/blogs/news…
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πŸ‘€︎ u/artincoins
πŸ“…︎ May 23 2019
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What else is buzzing at Art in Coins?? Pun intended of course, but we're excited about the coming soon 2019 Cameroon 1 Ounce Benefit of Nature - Honey Bee Proof-like .999 Silver Coin artincoins.com/blogs/news…
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πŸ‘€︎ u/artincoins
πŸ“…︎ May 23 2019
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How will debt be addressed on ethereum smart contracts?

I have been reading about ethereum since before it was mainstream or popular and immediately bought in to the idea of smart contracts.

But reflecting more recently, I cant find any information on how the smart contracts will address debt. As much as people like to say debt it terrible, it actually runs the financial system, whether it be centralized or decentralized. It allows people to purchase items that they cant currently afford, on the trust that they will pay back the lender.

Take a smart contract such as a purchasing a house. You are given a house at an address on the basis you will pay x amount of other every month for y number of years.

Initially, the wallet will not have the amount in total. So what happens one month if the smart contract runs and the wallet defaults ie has no more ethereum to pay?

In everyday life their belongings would be repossessed, sold off, assets seized, etc. But if the blockchain is anonymous, how is anything tracked?

Perhaps I dont fully understand either side of the coin (pun intended) so if someone could enlighten me that would be great!

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πŸ‘€︎ u/random_tasks_shoe
πŸ“…︎ May 10 2021
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Im 8 Days Old here but... lemme try chill the XRP noobs out with some DD

Thanks (kinda) to the GME hysteria, and the Pump n Dump which caught alot of noobs out, alot of new skin is in XRP

I know alot of you guys lost- and Im in the same boat. Ive been an XRP investor for a while

Ive watched my 9k investment go from 7k down to Evens to 5k up to 4k down again.

And that was just yesterday.

But here is what ANY XRP pro should be able to tell you...

Even at the current price- even at $1 this XRP shit is CRIMINALLY UNDERVALUED.

I will try and explain below in layman's terms so don't crucify me if you're a super pedantic mofo- Im trying to simplify it for the noobs

If you're new to the crypto space you need to understand this about XRP:

-XRP is the fastest blockchain technology on the planet capable of handling the ENTIRE WORLD CURRENCY and makes transactions at ridiculous light speed, you can settle a million dollar transfer in seconds for like almost zero fees

-the XRP ledger and token is being adopted worldwide as an alternative to the SWIFT banking system which is slow and expensive.

- Its only a matter of time before the SEC issue is laid to rest and some big partnerships will be announced. Deals have already been made.

- If just one major bank adopted the ledger tech, there would be enough influx of cash to skyrocket the XRP price in minutes. Like- instantly. Imagine if a major bank injects a few hondo billion in.

- Once the SEC issue is cleared up, the big banks and IMF will openly adopt or encourage ripple technology, specifically the ledger, with the intention that the XRP token acts as the bridge currency. XRP was created by Ripple to be a speedy, less costly and more scalable alternative to both other digital assets and existing monetary payment platforms like SWIFT.

- So you think this is all just futuristic TRON shit? Well, lemme tell you about the Ripple system.- Right now- EVERY SINGLE MAJOR BANK in Australia is on the Ripple network.

- Th Ripple Team are connected with everyone from the IMF to the EU. Their board members include super high profile SEC bosses and their legal team is as good as it gets on the planet.

- At a time where Green friendly eco solutions are needed, the XRP network uses minimal energy, compared to BitCoin. It beats bitcoin in every realm (see image below) its faster, with 4 sec transactions compared to an hour plus for bitcoin.

Now lemme tell you about the history of prices so you have some idea- and I will try to simplify it.

If the numbers are not exact, I apologi

... keep reading on reddit ➑

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πŸ‘€︎ u/AlienArtBeast
πŸ“…︎ Feb 02 2021
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New to STMX

Essentially, StormX is gathering information on purchases and demographics of those who purchase those items. I am cool with that, everyone does it and I agreed to it in the app. However, it only gets the info when you purchase through the app? That really limits the info they are getting. Lets say StormX made a browser or wanted to work with something like the Opera Browser or Firefox or the Brave Browser - they could get the info they are looking for and incorporate a wallet within the browser to amass Storm Tokens. On the other side of the coin (pun intended) the browser that adopts StormX can be honest and say, you use Chrome or Edge, Google and Microsoft make money off of everything you search. This (Insert browser name here) is the only browser that pays you for that info! And it has to be inherently built in to a browser and not an extension, people are starting to not trust extensions cause Googles done such a horrific job of curating those to ensure they are not malware.

Of all the crypto's I watch, StormX seems like a future star like Cadano or Etherium (depending on if they limit quantities of the tokens so they gain value). It has a reason attached to it other than scarcity. Am I wrong in this thinking?

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πŸ‘€︎ u/Seventhson74
πŸ“…︎ May 21 2021
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Friendly reminder: Keep in mind that not all 2017 veterans are created equal.

People who bought crypto in January 2017 bought bitcoin for $1000 while people who got in during December 17 bought bitcoin, ethereum and any number of other cryptos (some that later became shitcoins) very close to their peaks. It goes without saying that both have very different perspectives and insights shaped by their experiences.

But thats not saying that one is better than the other. Someone who was active since Q1 2017 is likely to have more insight into the evolution of the market, going from geeks having their day in the sun, to greed taking over with the ico boom and social media scams and engineering rearing its ugly head, to the mad frenzy before the fall.

Someone from Q4 17 to Q1 18 on the other hand would have better insight into dos and donts, damage control and risk minimization strategies, having lived through the denial, delusion and dismay that propped up the 2018 market like duck tape applied to a sinking ship, to the long slow decline of a bear market with no hope in sight.

Most of the advice i see here from veterans seems to have a much heavier emphasis on preventing losses but for a more balanced perspective thats more objectivity than trauma, it helps to remember that thats only one side of the coin (pun intended). Good luck and stay safe folks!

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πŸ“…︎ Apr 24 2021
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Tell me why I shouldn't put more into bitcoin

I have been in bitcoin since 400 dollars, sold it at 1200 like an idiot because I tripled my money. Re entered at 18,000 when it became apparent that this has major potential. Only about 5% of my net worth. I treat it like boomers treat precious metals, a store of wealth. Except bitcoin is so much more than gold or silver.

I listen to podcasts about bitcoin all day. The whole concept is beautiful.

I am also afraid I am in an echo chamber. While I am not going to yolo my life savings into bitcoin, someone please give me reasons why I should NOT dollar cost average 10 or 20% of my net worth. I want to fully understand both sides of the coin. Pun intended.

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πŸ‘€︎ u/SolarPanelDude
πŸ“…︎ Feb 20 2021
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The more I read about BAT the more I get excited about it.

I think I've had the Brave web browser for about a year or something like that. Both on my Samsung mobile and my stationary. The rewards was never the reason, instead the Duckduckgo search bar together with the anonymity.

But the more I read about the BAT and their purpose and value, I get excited.

But all coins (pun intended) has another side, so what are some of the dowsides, risks or whatever you call them? What is the worst case scenario? I always think - this is too good to be true - what are the negatives that I don's see?

All thoughts and angles are welcome here. Burst my new found bubble of love for this project.

Thank you

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πŸ‘€︎ u/Ermahgerd1
πŸ“…︎ Feb 22 2021
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TTMMFS!!!

I just wanted to coin (pun intended) a new acronym....

To The Moon M.... F....β€˜s !!!!!! πŸš€

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πŸ‘€︎ u/DogeDaddy4sho
πŸ“…︎ May 04 2021
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Is coinbase a scam because they have my money held hostage

Fucking seething mad right now. This is my coinbase horror story:

  1. Excited to sign up for Coinbase pro so I started an account.
  2. coinbase pro ALLOWED me to deposit $500 (not my life savings but still, as an unemployed black American who’s not in a good place right now (yes I’m stirring the pot but I want MAXIMUM attention so that coinbase will finally respond to me. Because I feel like I’m on the back of the bus right now the way I’m treated as a customer. Maybe they don’t value black money? Idk β€œall money is still green” no matter who it comes from and β€œALL MONEY MATTERS”
  3. fuck coinbase
  4. fuck coinbase’s Mom and auntie and grama (deadass serious)
  5. back to my issue (sorry I was angry): so anyhow, I fork over my hard earned money to FUCKBASE (sorry that was an autocorrect typo. Meant to write β€œCoinbase”) ..... and AFTER my money is deposited, THEN they ask for my ID verification as I’m attempting to buy coins .
  6. Oh shyyyyt!!!! Here we go. I immediately know they’re going to fuck me over and keep my money because my ID expired recently and USPS has delayed my new ID for 3 1/2 months now. So It’s actually a perfect storm of USPS, the DMV and FUCKBASE (sorry DUCK autocorrect. Meant to say β€œcoinbase”).... as I was saying, a perfect storm of the usps, DMV and Coinbase fucking me over..... and over and over because they (coinbase) continue to IGNORE MY CUSTOMER SERVICE INQUIRIES
  7. to repeat: COINBASE CONTINUES TO IGNORE MY CUSTOMER SERVICE INQUIRES
  8. once more time: COINBASE CONTINUES TO IGNORE MY CUSTOMER SERVICE INQUIRES
  9. ok so why am I not blaming USPS or Dept of Motor vehicles? Cuz that’s what they do! Those guys (USPS and DMV) are like the assholes at the water cooler having β€œlocker room talk” talkin about β€œyeah we fucked this one person over so bad that they went in a Reddit rant at 5am in the morning after suffering severe anxiety. (Ok the last part about anxiety is not funny at all. Clonazepam withdrawl is a BITCH. And also documented in my personal medical history 😐 FUCKBASE (shit that ducking autocorrect keeps playing me!!)
  10. where was I....... oh yeah, so the ID upload is rejected of course, not my $500 is held hostage until the DMV decides to mail me my new ID via our good friends at the USPS

Please note, this is a true story . I literally can’t make this up. Never in a million years did I think a (reputable????????) app like coinbase pro would hold my money hostage and I’d be dependent on USPS and the fucking DMV to get thei

... keep reading on reddit ➑

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πŸ“…︎ Feb 24 2021
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Intelligence and appreciation for wordplay

This article got me thinking about something I've observed before: most people whom I consider particularly intelligent (both those I know in person and those whose work I am aware of online) enjoy puns and wordplay. Admittedly, most of the academics I know personally are linguists, so I may have a biased sample-- people who study language may be more interested in language-based humor than, say, those who research particle physics or genetics. Also likely relevant is the observation that hackers enjoy puns, as noted here by Gwern.

I'd be interested to hear if there's any research on correlations between intelligence (broadly defined) and appreciation for puns and wordplay. Not necessarily aptitude for coining puns, but enjoyment thereof as a form of humor.

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πŸ‘€︎ u/bird-in-a-box
πŸ“…︎ Dec 24 2020
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In an effort to not be so one sided (unlike so many other digit coin subs), can someone please make the case against Litecoin right now?

I feel like if we want to be fair and knowledgeable we should know both signs of the coin (pun intended). I'm a moon hodler til death do me part (500 club) - but just am curious what your thoughts are.

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πŸ‘€︎ u/mubbymystery
πŸ“…︎ Aug 11 2017
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With the arrival of a new story, what story would you like to have seen come about?

Sort of like a β€œDay in the life of...” whose story or what events would you really like to have had come out instead of or simply as well as. Personally i think I would like to see Haymitch’s youth up to how he won his first game and the subsequent downfall he took with alcohol (did he have a wife, parents, siblings? Did maybe he lose his loved ones in the games as well? What demons follow him from that time?) On the other side of the coin, pun intended, I would love to see Effie and what her life is like though I think Cinna would be more interesting. Lastly I could see sort of a Darth Vadar/Anakin story with how President Coin became the ray of sunshine we all know him for. So what is a story you would love to have next?

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πŸ‘€︎ u/CJaneNorman
πŸ“…︎ Apr 26 2020
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Decentraland is the interesting project I have come across in my 4+ years of being in crypto, but I don't think it will succeed.

So despite my account age, I have owned bitcoin since 2013 and have been obsessed. And even more interested in blockchain in general for the past year just like everyone else. And I've only recently given decentraland a good look and I've been captivated by the concept.

To me it seems like minecraft for big kids meets secondlife. For the long term, if developed properly along side improvements in technology I envision it taking on a life of it's own and becoming very popular as the possibilities are endless as to what could be created. Creativity and capitalism would drive a real economy in a virtual world where there would be something for everyone. And the opensource nature would always ensure it's truly democratic. In fact I would go as far as to say this could be a utopia of sorts. For better or worse, people would live entire lives in this new world.

On paper this is project is my favorite idea in crypto.

Now on to the "FUD" for lack of a better term. I am analyzing it not as someone who wants it to succeed, but as an investor performing a risk analysis. (Full disclaiming: I've only been reading about MANA for about a week so I maybe misinformed on some points)

Problem 1: The first major issue is the fact none of the devs (listed on the website at least) seem to have any game development experience and on top of that are pretty young and early in their careers. This is extremely worrying as they are essentially developing a game or a game engine with no training or experience in the field. They seem to be entirely blockchain developers which is great for the blockchain aspect of the project, but that's only one side of the coin (pun intended). They are missing the other half and critically important piece.

Solution 1: Use some of the funds attained so for to ramp up hiring of excellent game developers. Or in the spirit of opensource, hold a contest for development of the engine with a nice pay out to the winners. That model has worked a few times in the past with science and engineering companies looking for innovative solutions.

Problem 2: From what I've read so far it seems that the devs aren't taking scaling seriously enough. I've seen this attitude on several ETH token projects where they basically just say "oh sharding will fix this next year don't worry". I am of the opinion that they are seriously underestimating the exponential growth of crypto and ethereum over the next year and are probably over estimating the timel

... keep reading on reddit ➑

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πŸ‘€︎ u/cryptonewsguy
πŸ“…︎ Dec 22 2017
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Here's some fascinating data... the charts of Bitcoin trade volume on LocalBitcoins separated by country.

Hi everybody, I just joined the mod team here and want to contribute a bit to help create more in-depth conversations and a stronger community overall. It's important to find places on the internet that have cohesiveness and fairness on all sides of the coin. (Pun intended)

So, here's one fascinating use case for BTC: Bitcoin can be a safe haven for failing national currencies (and/or hyperinflation) and we might be able to see that playing out in these charts:

#https://coin.dance/volume/localbitcoins

Observations:

  • China got the biggest spike immediately after the ICO/exchange ban/halt. In the month of August there was a ridiculous surge/spike in Australia, Brazil, Canada, Croatia, Denmark and HK.

  • Countries experiencing a continual, massive volume increase in the past 1-2 months alone are Chile, Colombia, Dominican Republic, India, Iran, Kenya, Kazakhstan, Mexico, New Zealand, Nigeria, Norway, Peru, Pakistan, Philippines, Poland, Romania, Russia, Saudi Arabia, Singapore, South Africa, Sweden, Tanzania, Thailand, Turkey, Ukraine, Venezuela and Vietnam.

  • Out of all these, VENEZUELA and POLAND have some of the most intense spikes for the month of October. (I know what's going on in Venezuela but anyone know what's going on in Poland?)

  • The only country that doesn't seem to have any significant increase in the use of localbitcoins in the past year is Japan, probably because they accept the use of crypto with open arms.

#What do you see here that stands out for you?

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πŸ‘€︎ u/Antranik
πŸ“…︎ Nov 05 2017
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WeTrust AMA #8 - December 15

Many thanks to all of you that participated in this week’s AMA - 65 questions were collected in total, that's a new record!

Links to past AMAs:

[AMA #7 - December 1] (https://www.reddit.com/r/WeTrustPlatform/comments/7gz229/wetrust_ama_7_december_1/)

[AMA #6 - November 17] (https://www.reddit.com/r/WeTrustPlatform/comments/7doluh/wetrust_ama_6_november_17_recap/)

[AMA #5 - November 3] (https://www.reddit.com/r/WeTrustPlatform/comments/7amka9/wetrust_ama_5_november_3_recap/)

AMA #4 - October 20

AMA #3 - October 6

AMA #2 - September 22

AMA #1 - September 1

Now onto the 8th AMA of the year:


bradicle Morning team!

Ajcarmon http://gph.is/1NeUCj9

xxBUSEATERxx This is going to be very interesting AMA all questions seemed rather "INTENSE" :sweat_smile:

vinayp Morning everyone

Ajcarmon hi guys

TomD.WeTrust Hey all! Welcome to another AMA. Today, @patrick.wetrust and I will be going through the sli.do deck and answering your questions from there.

vinayp I had put alarm for this

Patrick.WeTrust Hi, everybody!

bradicle (y) (y) morning

xxBUSEATERxx Here we go!!!!

Ajcarmon hi Patrick hi Tomd

Patrick.WeTrust Hi, @Ajcarmon! How are things?

franky2010 Hi

Ajcarmon great

TomD.WeTrust Hi hi!

xxBUSEATERxx Bradicle is ripped if you check out his facebook.

bradicle joy::joy::joy:

TomD.WeTrust Happy to get this started. I’ll get this kicked off with the first question this week.

Patrick.WeTrust We will go take questions as they come as well, so please fire away :)


Q Will TRST get listed on more exchanges in december? Yes or no ?

TomD.WeTrust We can’t comment on the status of TRST listing on more exchanges. That said, we’ve heard the community’s feedback regarding this, and are looking to see how users can more easily obtain TRST token that will be needed to use on our platform.

xxBUSEATERxx It’s a YES, they just can’t comment on it when you are trying to get listed

vinayp What are teams thoughts here? Why ca

... keep reading on reddit ➑

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πŸ‘€︎ u/CowPlaysDirty
πŸ“…︎ Dec 15 2017
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Two sides of crypto - the keys

The β€œcrypto” part of cryptocurrency is that there are two sides to this coin (pun intended). A public keys a private keys

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πŸ‘€︎ u/empressevelyn0
πŸ“…︎ Oct 03 2018
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[Everything] Could the Iron Bank and Faceless men be one in the same?

Kind of like one is each side of the coin (pun intended). Iron Bank are the faceless men and the faceless men are the Iron Bank? I know the 2 have a close relationship so at a minimum the bank employs the faceless men to deal with debtors. But I see the two having a symbiotic relationship.

Either way it would be would a fun reveal if the Iron Banker removed his face and it was the face of Jaqen H'ghar

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πŸ‘€︎ u/jjack339
πŸ“…︎ Jul 31 2017
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pear / marquise /oval shape and ideal cut

Hello rewelers (coined (pun!) that one),

Thanks to some learned redditors over at /r/jewelry, I picked this engagement ring: http://www.alanpfulton.com/img/engagements/engagement-ring09.jpg

My question is about the stone. This looks to be a pear shaped diamond. I suppose oval and marquise are close cousins.

I went to Blue Nile to get some idea about pricing and noticed that diamonds in this shape have cuts in "good" and "very good" fashion. "Ideal" and "signature ideal" cuts are not there.

I also noticed the same for marquise and oval.

Why is this? Is this because of the shape of a stone (in other words, no pear/oval/marquise ever would have an ideal cut?)

Thank you very much.

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πŸ‘€︎ u/SeekingThatRing
πŸ“…︎ Jan 13 2015
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I think these discussions of manipulation are wrong, driving away potential investors, causing whales to lose confidences, and actually causing the decline in price.

IMO, such discussions lead to the self-fulfilling reality of the recent price decline.

Unfortunately, the BlackCoin Community has had to come to grips recently with the reality that the Iconic pump was just a scam pump. It took a while because some people continued to hold out hope beyond what some of us thought was justified. .

Now we have Parker claiming to have received a Black Card, and wanting to be our leader. His thread is at the top of our subreddit because it has been up voted. Unfortunately, no one else whom we know we can trust has claimed to have received one.

Iconic will forever be a black mark on BlackCoin, pun intended. The sooner we move on, the better.

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πŸ‘€︎ u/RJSchex
πŸ“…︎ May 18 2014
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Bit coin or something idk
πŸ‘︎ 4k
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πŸ‘€︎ u/naughtyballsack
πŸ“…︎ May 16 2021
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DOGECOIN DAILY DISCUSSION - 8th May. How to keep your coins safe!!! Important.

Hi Shibes,

It's not often I will write a post dedicated to a specific topic however after seeing literally 1000's of posts over the past 8 years from people who have lost their coins on old computers, mobile phones, online wallets and exchanges that were hacked I feel I need to say something about this. Particularly now for reasons I will go over below.

HODLERS: No one can predict the market but if it's anything like the last bull run, we had a few years back then we are coming up to a period where it pays to hold a large portion of your coins for a while safely. You can look at the history of crypto and make your own judgement.

Yesterday I got a message from a person working at Ledger. the world’s most popular hardware wallet manufacturer. They have made a Limited Edition dogecoin Ledger hardware Wallet. Ledger allows you to store your coins away from the internet while still being able to view how much you have and what they are worth. It also supports 100's of coins. They asked if I could recommend this wallet and having used one about 5 years ago for a few months I can say I do. It's smart, has multiple ways to recover your coins in any circumstance and has a lot of features you can't get with any other way to secure your coins offline.

Here is a link ledger have provided for you to check out their new limited edition Ledger Hardware wallet.

https://shop.ledger.com/products/dogecoin-nano-s-ltd-edition?r=37eb5debb6b8

I think it's totally cool!

Stay Smart,
42points

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πŸ‘€︎ u/42points
πŸ“…︎ May 08 2021
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Can Bitcoin ever really be green?: "A Cambridge University study concluded that the global network of Bitcoin β€œminers”—operating legions of computers that compete to unlock coins by solving increasingly difficult math problemsβ€”sucks about as much electricity annually as the nation of Argentina." qz.com/1982209/how-bitcoi…
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πŸ‘€︎ u/mauigaia
πŸ“…︎ May 14 2021
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The US dollar looks like a sh*t coin from crypto's perspective

- 27 trillion in circulation

- unlimited supply cap

- only 1 node

- 1% of holders own 30%

- 25% supply minted in the last 6 months

- 38 million notes printed every day

- loses at least 3% of value every year

- in a bear market since its conception

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πŸ‘€︎ u/laurcrv
πŸ“…︎ May 29 2021
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a visual to show what would happen if a coin sized black hole appeared on earth gfycat.com/ornatetastyflu…
πŸ‘︎ 26k
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πŸ‘€︎ u/SirtuinsAMPKmTOR
πŸ“…︎ May 20 2021
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That little white speck is a human egg next to a coin. And here are ten human eggs all clustered together v.redd.it/ghk26v0z3hz61
πŸ‘︎ 64k
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πŸ‘€︎ u/M-Saga
πŸ“…︎ May 16 2021
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Joshua and Jessica Jarrett, The Nashville couple, filed a lawsuit against the IRS claiming that mining or staking coins are not taxable until traded because they establish the creation of property. news.todayq.com/news/laws…
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πŸ‘€︎ u/rollingincrypto
πŸ“…︎ May 27 2021
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We wanted decentralization. This is it. Billionaires adopting and trying to manipulate? Newbies yoloing into doggy coins? This is all mass adoption. It's already here.

We have been dreaming about mass adoption and decentralization. We wondered what it would be like. We have been asking ourselves that question since 2016 and possibly even earlier. Well...

Here is your answer. This is how the market looks like when we start to see a tiny bit of mass adoption.

Billionaires are manipulating the market? It's a part of the mass adoption game we have to accept. There are ways to resist it, but you can't just say "Please Elton go home and shut up" because guess what, Elton won't go home and shut up.

You can't ban anyone from coming into this space, that's the whole point of fucking decentralization. You can't ban a billionaire from participating in the same way you can't ban a school teacher from participating.

You want to complain about people buying doggy coins? Same shit. Tough luck that your coin is only seeing 1000% growth and not 10,000% boo. Again, you can resist your FOMO and you can invest smartly into fundamentals, but you cannot ban people from spending their money. It's their money and you're not HSBC. No matter how much you wish for it, you can't ban people from buying Bitconnect or Cumdoggy coins or whatever, they'll learn from their experience and that's how the market will correct it self.

Rejoice crypto hodlers.

The days we have been dreaming about have arrived.

Don't be a bunch of salties.

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πŸ‘€︎ u/savage-dragon
πŸ“…︎ May 14 2021
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This lady claims that the vaccine is making her arm magnetic... coins aren’t magnetic
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πŸ‘€︎ u/tardisgeek
πŸ“…︎ May 27 2021
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Not every new coin is a shitcoin: How to spot the real GEMS inside the sea of shitcoins.

A few days ago, I made a post titled "Rugpulls and Honeypots. What they are and how you can avoid them." Since then I got a lot of messages from people asking me how they can tell the difference between a new coin with lots of potential and a shitcoin. For maximum protection, make sure you follow this guide in combination with the other guide. I will not repeat those rules here. If you don't follow the rules of the other guide as well, you will lose your money.

Before I start, some background: I trade small coins for a living. In the beginning, while learning, I fell for all the scams just like everyone else. But with every loss I learned something new and I'm now pretty good at it. Yes, I have losses like everyone else, but usually I get out with very small losses compared to my gains.

Anyone here hating shitcoins, I agree with you. I hate shitcoins too. Part of what I want to explain here however is that not every new coin is a shitcoin. Every coin has to start with 0 holders. Everyone has to start somewhere. And every solid project deserves a chance to grow. Yes, the vast majority of new coins are shitcoins, but I want to help you tell the difference between the real gems and all the shitcoins.

The Golden Rules

If you start looking for the real gems and want to trade smaller coins, follow these rules or you will lose money.

  1. Start trading on the BSC (Binance) Smart Chain. Why? Transactions cost around $0.20 max. You can't do this on the ETH chain where you spend lots on gas fees, sorry. I know they came down, but they're still too high.
  2. For the first 1-2 months, don't invest more than $5 per coin. I am not joking. Yes, your gains will not be thousands of dollars, but if you go in with more you will end up losing a lot of money, trust me.
  3. Have a small bag of maybe $150 or $200. Be prepared to lose your small bag completely. If you can't afford this and sleep well at night, don't do it.

Ready? Let's start:

Find the Coins

Go to the BscScan website (look up the links yourself, I don't want to link-spam this post). Then, go to "View BEP-20 Transfers". If the list looks confusing, don't worry. Look at the rightmost column that says "Tokens". You must look for the grey icon besides the coin names. Why? Because that means the coin is new. Established coins already have their icons listed and that means you're usually too late to make high gains. You can refresh that page for new coins every second, you will always find new one

... keep reading on reddit ➑

πŸ‘︎ 19k
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πŸ‘€︎ u/hazelvelvet
πŸ“…︎ May 10 2021
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Will DOGE be worth $100 a coin? Can it become as big as ETH? Could Stellar Lumens be worth $1000 a coin? Will Safemoon make me rich?? We all need to look at total supply vs market cap to manage our expectations and be more logical about what is possible.

The answer to all of those lofty expectations? Impossible. This is a mistake a lot of people are making. You have to look at total supply and multiply it by price per coin to get the market cap. Let’s look at a few popular ones…

Bitcoin is rare like gold, difficult to mine like gold and is used as a store of value like gold. As it becomes more scarce, it will continue to rise in price. It has a total supply of 21 million, of which 18 million are already circulating. After the 21 million are mined, there will be no more available. 18 million x $57k means it has a market cap of over a trillion dollars. That is huge. The total market cap for ALL crypto is 2.38 trillion. Bitcoin is king. Bigger than Visa and MasterCard combined. Bigger than nearly every world bank. It is the world’s 3rd largest currency.

Ethereum has a total supply of 115 million. More coins than Bitcoin. At the moment, it allows for 18 million to be mined each year max. In July, they are making a change with the London Hardfork, EIP 1559, and every time a transaction is made with ETH, the ETH fees will be burned, making the supply more limited and much more valuable, similar to BTC. Many are saying that ETH will go up to $10k per coin this year because of these changes. When ETH 2.0 is released next year, the price will probably go much higher. With 115 million in circulation, ETH has a market cap of $400 billion. That’s worth more than all of Walmart.

So, it is really important to check the coin supply and then multiply that by the price you wish it would go to to make you rich. See if the amount seems realistic or not.

Let’s look at DOGE. Doge has a total supply of 127 billion coins and a max of 10,000 are mined each day [EDIT: DOGE mints 10,000 coins every minute, not every day!]. That’s an additional 5 billion coins each year. If you multiply 127 billion coins the $100 you wish it were per coin, it would have a market cap of $12.7 trillion dollars. There is $37 trillion dollars in the world. Is DOGE worth 1/3 of all the money in the world? The entire economy of the United States is $25.3 trillion. Is it realistic to say a meme coin is worth roughly half the US economy…the largest economy in the world?

Let’s take a look at Stellar Lumens. The max supply is $50 billion. The supply increase is 500 million a year, which alone is 23 times the total amount of BTC each year. Anyway, if it were $1000 per coin, the total market cap would be $50 trillion, more than double the US economy.

... keep reading on reddit ➑

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πŸ‘€︎ u/lunargrover
πŸ“…︎ May 06 2021
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Dear newbies, are you looking for a promising coin under $1, or even under $0.1? Don't!

EDIT: read the post before you shill your sub-$1-coins, please, why does nobody do this today?

I always see these posts a lot, but for some reason more in the past few days:

"what are the best coins under $X?"

And sure, it looks like that makes sense - Bitcoin (BTC) is super expensive already, while a coin like BitTorrent (BTT) is available for less than one cent! If you buy some now and they become as expensive as Bitcoin you will be rich! Bitcoin also used to be cheap! Right?

Lol, nah, wrong, obviously. The thing is: coin price doesn't matter. At all. Because it is strongly affected by how many coins are in circulation. There are currently about 18,700,000 BTC in circulation, there will never be more than 21,000,000. But there are 660,000,000,000 BTT at the moment and there will be 990,000,000,000 at some point. The important figure is the market cap, which is

Market Cap = Circulating Supply X Coin Price

So, for example, for BTC it would be 49,500 X 18,700,000, about 920 billion USD. So if we imagine BitTorrent becoming just as big as Bitcoin, how much would a single coin be worth? $1.38. So can't a single BTT be worth thousands of dollars, like BTC is? No, absolutely not. If 1 BTT would be worth 49,500, as 1 BTC currently is, its market cap once all the coins are in circulation would be almost 50,000,000,000,000,000. 50 quadrillion, or 50,000 trillion. The total amount of wealth in the world is about 300 trillion.

tl;dr: Coin price is NOT a good indicator how much a coin can still grow. Check the market cap and compare it to other coins to see how much a coin would need to grow to be as big as another coin. The Coin Perspective is a great website to make these comparisons. Also remember that you can buy fractions of a coin, like 0.001 BTC and don't have to buy a whole one.

πŸ‘︎ 9k
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πŸ‘€︎ u/_martinshkreli_
πŸ“…︎ May 15 2021
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Doge paved way to a lot of scam coins: Beware of SH*T coins like Safemoon, Elongate, safemars, safegalaxy, safe whatever.

I see a lot of safemoon shills on every subreddit, youtube and Facebook. I just don't want to see more people falling for trash projects like these so please beware. The fake bots will already downvote this thread but I am hoping it will at least reach some actual users in here.

Here are a few coins that I looked into that are completely scams but are widely being promoted.

Safemoon, safemars, safegalaxy, elongate, Zepplin dao, ravenX, fox finance, moon pirate, moonrate, hungry bear. Basically any coin which says "they will give you coins for any transaction on the chain and then will burn x% more".

The idea of naming it "Safe" "moon" should be a good enough of a red flag. Safemoon and these other coins has 1 wallet with more than 50% of the coins. You will see a hoard of fake users/profiles just trying to promote it. These coins have no utility, it is just a ponzi scheme with the entire idea being that people who come in last are gonna be bag holders and everyone below will make a portion of the bagholders investment if you bail out early before the rug pull. These people are trying hard to get you into safemoon etc. because they wanna hoard more money and they don't give a fuck about the people who are gonna be bag holders in the end.

Do not think that lot of people are buying the coins and you are gonna be missing out on 100x gains, majority of the people posting screen shots or talking about their experience are fake profiles.

How they try to entice you?

  1. They are going to show their profits
  2. They are going to promise exchange listing (Binance, Kucoin, their own exchange) which will never come I promise you.
  3. They say they are transparent because they put couple of stooges for some dogshit AMA
  4. They come up with some charity cause to make you feel not guilty about being part of a ponzi scheme or play on your good nature in general.
  5. They make the coin value be well below 1 dollar like ($0.0000001) so its more enticing to you to get in on, giving you hope that its going to reach 1 dollar someday LOL.

It's mind blowing how some people play these mental gymnastics with themselves to justify their ponzi scheme. "I made 100x gains", "is it wrong for the little guy to make money", "i will put 50% of profits into legit coins".

I don't want these shit coins to be the face of crypto for all the new comers. Stop promoting/getting into these scam coins for a quick buck, it is just gonna give crypto space a bad name.

DYOR.

πŸ‘︎ 14k
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πŸ‘€︎ u/TJZenkai
πŸ“…︎ Apr 22 2021
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What's going on with all the random crypto coin subs no one has ever heard of reaching the front page?

Today there's a "Clucoin" thread with 1000s of upvotes, a bunch of fakey sounding positive comments, and very few people pointing out what looks like a generic crypto scam. The other posts on the sub itself all have less than 100 upvotes. I vaguely recall seeing more of these for different coins not long ago. This seems blatantly botted, how do these manage to stay up?

https://i.imgur.com/WYj7J82.jpeg

πŸ‘︎ 11k
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πŸ‘€︎ u/BizarreCake
πŸ“…︎ May 26 2021
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My dog died at 6 years old and to honor her i will hold my coins for the next 6 years. Thank you mimi for being the best dog i ever had β™₯️
πŸ‘︎ 5k
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πŸ‘€︎ u/Wrongdoer_Total
πŸ“…︎ May 30 2021
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July 14th, the date of the GME crypto coin launch date, is Bastille Day.

The July 14th date is so amazing.

Edit: Here is where you can verify the release date of the GME Token Credit to u/teacoat___

My wife pointed out that’s Bastille Day.

That’s the day where the French citizensβ€”who were insanely oppressed by the monarchβ€”rose up, stormed the Bastille, and overthrew the ruling 1%.

Learn more about this important date: https://en.m.wikipedia.org/wiki/Bastille_Day

That launch date is not accidental.

What’s more, Bastille is a synonym for citadel. Wonder who’s going to be storming the Citadel this time...

I didn’t think my tits could be even more jacked. See you on the moon fam πŸš€

Edit 2: semantically I should have said β€œtoken” instead of β€œcoin” in the title

πŸ‘︎ 9k
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πŸ‘€︎ u/jakksquat7
πŸ“…︎ May 25 2021
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DOGECOIN DAILY DISCUSSION - 9th May. How to keep your coins safe!!! Important.

Hi Shibes,

It's not often I will write a post dedicated to a specific topic however after seeing literally 1000's of posts over the past 8 years from people who have lost their coins on old computers, mobile phones, online wallets and exchanges that were hacked I feel I need to say something about this. Particularly now for reasons I will go over below.

HODLERS: No one can predict the market but if it's anything like the last bull run, we had a few years back then we are coming up to a period where it pays to hold a large portion of your coins for a while safely. You can look at the history of crypto and make your own judgement.

Yesterday I got a message from a person working at Ledger. the world’s most popular hardware wallet manufacturer. They have made a Limited Edition dogecoin Ledger hardware Wallet. Ledger allows you to store your coins away from the internet while still being able to view how much you have and what they are worth. It also supports 100's of coins. They asked if I could recommend this wallet and having used one about 5 years ago for a few months I can say I do. It's smart, has multiple ways to recover your coins in any circumstance and has a lot of features you can't get with any other way to secure your coins offline.

Here is a link ledger have provided for you to check out their new limited edition Ledger Hardware wallet.

https://shop.ledger.com/products/dogecoin-nano-s-ltd-edition?r=37eb5debb6b8

I think it's totally cool!

Stay Smart,
42points

πŸ‘︎ 2k
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πŸ‘€︎ u/42points
πŸ“…︎ May 09 2021
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