c/crypto-news

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here. Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams. Rules: All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect. Discussion topics must be related to cryptocurrency. Behave with civility and politeness. Do not use offensive, racist or homophobic language. Comments will be sorted by newest first. Useful Links: Beginner Resources Intro to r/Cryptocurrency MOONs 🌔 MOONs Wiki Page r/CryptoCurrency Discord r/CryptoCurrencyMemes Prior Daily Discussions - (Link fixed.) r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance. Finding Other Discussion Threads Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted. u/CryptoDaily- — Posts the Daily Crypto Discussion threads. u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads. u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads. u/CryptoNewsUpdates — Posts the Monthly News Summary threads. submitted by /u/AutoModerator [link] [Kommentare]

Let's face it, we have our preferred projects, we shout about its technical merits in the dark, without being honest with ourselves that most of the networks out there have nothing unique to offer society and/or computer science. Unique being the key word there. ​ Most projects out there need to go under so that efforts are consolidated. ​ Looking at the top 100, can only pick a few networks that have innovative features that lead to solve real specific problems. ​ Have we lost our way? I think we need to burn the house down and rebuild submitted by /u/ehanoc [link] [Kommentare]

The problem is that "Stand With Crypto" is using retail as a grassroots shield to pass the Digital Asset Market Clarity Act (H.R. 3633). Coinbase gets immunity from SEC lawsuits, hence their advocacy. Wall Street gets a green light to pump its ETFs, and retail gets stuck with a rigid, 61-day stock market rulebook, via the accompanying tax package (H.R. 9172). If you take a $50k loss and buy back in, you can't use that deduction this year. Forcing you to find thousands in hard, out-of-pocket cash to pay the IRS for "phantom gains" while your loss is frozen. Meanwhile, hedge funds and institutions will just use a little something called, Section 475(f) election to completely bypass the wash sale rule like they always have in the stock market. Harvesting losses instantly while we handle the tax drag. They are literally packaging the death of our biggest tax advantage as an "innovation win." And retail is ok with that? My thing is that it is not equal across the board. submitted by /u/semaj_1028 [link] [Kommentare]

I don’t really have much else to say. Just bumming out a bit on having fumbled a significant amount of profit, combined with missing the feeling of hope and excitement. Felt like we were in uncharted territory with new cool stuff just around the corner. I hope we get another chance to experience it. submitted by /u/protoman86 [link] [Kommentare]

I invested in this coin BankSocial when FaZe Banks promoted it 3-4 years ago (yes I know very stupid). Can’t swap it to ETH cause the liquidity is too low and it keeps failing. Their subreddit is restricted and hasn’t been posted to for half a year. Should I just accept money gone? submitted by /u/a1tf4_design [link] [Kommentare]

Anyone else furious about Kraken still holding our Humanity Protocol ($H) tokens hostage? ​Every other major exchange—Binance, Bybit, KuCoin, Gate—already processed the 1:1 token migration and reinstated trading days ago. Meanwhile, Kraken is sitting on their hands, completely stripping away our right to manage our own risk. Their "we're protecting retail" narrative is complete garbage when the house is actively burning down and we aren't even allowed to run for the exit. ​At this point, it feels like they are intentionally dragging their feet to wait out the massive token unlock scheduled for next week. If they keep trading frozen until those millions of tokens flood the market and obliterate the price even further, Kraken users are the only ones getting completely left behind without a single chance to salvage their capital. ​Kraken Support, stop the corporate stalling and give us an actual timeline. Let us trade or transfer our assets. Taking away the sell button isn't protection—it's negligence. submitted by /u/tallcantommy23 [link] [Kommentare]

I am looking for the above crypto. I’ve seen some low caps but I forgot if they were new on my part but none that I can invest in because they aren’t available on US exchanges. Therefore, I won’t write them. This is also because I can’t find them. submitted by /u/Radiant-Mistake-2962 [link] [Kommentare]

Ok guys, first of all don’t insult me because first of all I don’t know what to do either. I have a very hang relationship with my father we don’t talk much.. he has another family. Lately he’s making himself heard and a few days ago I went to see him. After a while we talked, he came up with an (old) tablet with coinmarketapp installed (application that I don’t know, I use Coinbase and in the past I used plus500 and etoro (I live in Italy) however he shows me that he has several bitcoins in his account.. From there starts a story of a friend of his who around 2008/09/10 makes him invest 1000€ but a few years ago he died and he doesn’t know what to do at all. Through chatgpg I read that coinmarketApp is not a virtual wallet but more of a tracker if I understood correctly. I didn’t find any button to make a withdrawal or transfer to another wallet. He also tells me that several times they call him saying that he has to move money to unlock everything that. It seems like a scam to me. What can I do? I know it seems like a made-up story but it’s reality. Thanks in advance to all submitted by /u/Current-Violinist-19 [link] [Kommentare]

I was trying to get into trading crypto and I met this guy online, who seemed real genuine and seemed like he actually wanted to help. He told me I could tail his trades and He’ll let me know why he took them, what made them seem like good trades and just the total basics of getting into crypto trading. I fell for it because it wasn’t one of those get rich quick schemes where you send someone money and they send you more back, I thought I was just gonna tail his trades and learn his crypto strategy or whatever he does to trade crypto and eventually go off on my own to trade crypto for myself. He then gave me a link for a trade he took which was XLD, and he told me to swap my bnb for XLD and he would guide me through the take profits, stop losses etc, basically just a mentor for crypto. Then I quickly realized it was a scam because when I “bought” XLD for 2.3k It didn’t swap over to my crypto wallet and i go to ask him what happened and this mf blocked me on reddit and discord. FUCK THIS GUY, I LOST 2.3K of my hard earned money because I thought I was actually going to learn and get into crypto but boy was I fucking wrong. If anyone sees this please spam his discord and his reddit and hopefully he gets banned. I wish I could get my moneyback but Crypto is one of those things where its basically impossible to refund a scam. Smh. Fuck this guy. Also, i’m a fucking idiot to believe this dude TLDR; I got scammed by this dude claiming he would mentor me and help me get into crypto, and he told me i could tail his trades, he scammed me out of 2.3k submitted by /u/Any-Development5656 [link] [Kommentare]

Crypto has been around for years now, but I feel like most people still mainly use it for investing and speculation. What's one crypto product that genuinely solved a problem for you? submitted by /u/Far-Photograph-2342 [link] [Kommentare]

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