Cryptocurrency Contents Archive

Why I think this sub is again too bullish in the short term

With the recent FOMO in this sub and people already calling for $100k Bitcoin again I want to point out that this is not the time to be greedy. We are still in a bear market, the economy is not doing too well and the SEC is still on their crusade against Bitcoin. I am by no means a bear and I am sure we will see the magic $100k Bitcoin next bullrun but right now is a time where you will most likely get rekt. The pre halving years tend to wreck the bulls and the bears by moving mostly sideways and so far this year has been no different. I know Bitcoin is up 45% YTD but I do think this is just because liquidity from the altcoins is flowing into Bitcoin until there is no liquidity left and Bitcoin also goes down. The more I read posts being super bullish in the short term the more I think we are near a local top and will trend lower before we finally get out of the bear market. What do you think about this current point in time and what is your outlook for the next 6-12 months?

The largest chain of stores in Croatia (Konzum) started accepting crypto!

US Presidential Candidate Robert F. Kennedy Jr Called Out For Lying About Bitcoin Investment

Tell us about the last time you got scammed in this space.

People who’ve been into this game for a longer time have most likely lost some of that hard earned cash to some scammer. I’ve given a piece of my hard earned cash to Firano (NANO), lost some ETH on Cryptopia and actually not so long ago I bought a product with crypto on what appeared to me from a legit website. So yeah, got scammed again… lots of lessons learned. So I figured there’s got to be more like me, who do their research and still get scammed. So I’m interested in your last lessons learned. It keeps us vigilant and may even educate some of us. Nobody is prone to it, and in the age of here and now it’s getting easier for them as well.

Bitcoin Will Reach $120K Before 2025, Standard Chartered Predicts - (no)

"enthusiasts are hopeful that a once-in-four-years event which rewrites the underlying code of the world’s biggest cryptocurrency will extend the current market rally" -- What sort of self-important journalist newb writes this tripe??

What crypto related person comes on your mind in terms of innovation/fun/scam?

Crypto has its stories and people around it. Some are funny, few are success stories and unfortunately quite a lot are scams or rugpulls. *In terms of people behind crypto projects, who comes in your mind when thinking about crypto innovation / fun / scam?* For innovation it is clearly **Satoshi Nakamoto** for me, he might not be a real person, but he is the one who basically invented "crypto" as a whole and not just BTC. Without Satoshi, there would probably never be cryptocurrency at all, no r/cryptocurrency subreddit, no idea of web3, no financial freedom, no decentralization. For Fun and scam at the same time, the person who comes in my mind would be **Carlos Matos**, he's so incredibly charismatic, funny and in retrospect the way he presents the scam coin as "not scam" is a legendary crypto meme. So what are your crypto persons?

How many sats are there per person on Earth?

Just trying to get people to think in terms of breaking these things down.

Polygon (MATIC) Shakes Up Leadership: Potential Game Changer Incoming

U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum

Staked Ethereum Now Accounts for 20% of the Total Supply

Uphold’s new self-custody wallet

Uphold sent me an email about their new wallet. They list the following Key features: -Multi-chain support -Enables self-custody of digital assets, including BTC, ETH, ERC-20 tokens and NFTs -Zero commission trading at multiple DeFi venues -Allows you to buy crypto directly from the wallet -iCloud & Google Drive backup options for seed phrase .. The last one. I have to laugh. How can a company this prominent in the cryptosphere legitimately think ONLINE backups are it? Curious on everyone’s thoughts; personally I don’t think I’ll be using the platform with this astounding security risk overlooked. Am I missing something? Edit: Formatting, + side note UpHODL is a great name

Binance.US bitcoin question

Hey all, so because bitcoin is trading at about 27,000 and everywhere else is 30,000, due to binance suspending USD deposits, would I be able to buy bitcoin usd on binance, then send the coins to coinbase, sell it and make profit? I have some money sitting in my binance account at the moment and I'm kind of wanting to make some money with it rather than just straight up withdraw it, but I'm not sure if that would work or if it would make my taxes more complicated than what they already are. Advice?

London teens jailed for stealing $150K crypto in mugging spree

Bitcoin Price Prediction: BTC Bulls Push to Break Through Vital $31.5k Resistance With $40k In Sight