/r/CryptoMarkets
A community for news and discussion about cryptocurrency finance.
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/r/CryptoMarkets
If I sell eth for example in stable coin and I do not take any fiat out, do I still have to pay taxes? Thanks
With all these large pumps (alts & memes) is the community still have conviction about LINK?
Tbh I'm kinda liking the "reasonable %" gains, compared to a lot of the others right now.. feels like it's more of a stable/reliable asset.
Thoughts?
I'm still learning how to stake coins and read charts. I've been making an effort to learn something new about cryptocurrency every day, but there is still a lot I don't comprehend. None of the videos I've been viewing have explained what x is or how it will multiply the amount I've already purchased.
So far I have got into Cardano, Doge, and XRP. Was wondering if anyone has some suggestions on some other coins that seek promising?
Remember back in July, news spread online all on the same day, that Sony bought a crypto exchange in Asia, Whalefin, and will be rebranding it to S.Blox. Wha to happened since? Plus surprisingly, no other real news about the rebrand at all. I have seen sketchy crumbs on Sony website officially talking about the rebrand, just curious why nothing has happened or been reported since. Any ideas?
Hi all. Looking to grow my portfolio a bit more. Any good coins with still a fair price that also have some actual utility and future? I’m keen on AI and IOT.
I can deposit like a grand every 2 weeks with my current job situation should I just go all in on one safe play? What do u guys think?
lol might be a dumb one but never hurts to ask. Is it true that the market can see set stop losses and will go down to hit them to create liquidity? Trying to wrap my head around how this all works
I’m looking for a DeFi platform which I can lend/borrow and stake Bitcoin. That means, I can put up BTC as collateral and borrow another crypto (like a stablecoin). I’ve checked out Compound.finance and AAVE and can’t find they can do anything with Bitcoin. Does such a platform/service exist?
What is the best/secure exchange I can use now as a beginner? I’m getting too many names thrown at me. I just need 1 decent exchange that will have access to smaller caps , so not Coinbase. Also please mention if it’s US or VPN needed ( which I have) . Thanks!
There's currently more ethereum ($4B) loaned out on Aave than USD. 86% of all eth available on the platform is loaned out.
For comparison, 7% of all Bitcoin on the platform is borrowed.
Can someone help me understand if there's a use case for borrowing eth beyond short selling? Thanks!
I decided to keep things simple and stress free with just four coins in my crypto portfolio: BTC, ETH, XRP, and SOL. Fast forward, and I’m up a staggering 2,500%! It’s crazy to think how a straightforward approach paid off big time.
Details and chart of my portfolio
I have been using APIs on some exchanges and have been able to call on a wide range of data. However, I see that I can't use any APIs for perp contracts. Any idea why this would be?
I have this feeling that at some point shib is going to go parabolic for a very short time... Your take on it?
Hi I am keen to look for an alternative exchange to ByBit as reliable and just as high trading volume etc.
They seem to be forcing all users to upgrade to a UTA Unified Trading Account and this also means that you can no longer create multiple entries in to a position, if i understand that correctly.
This is a little disappointing and seems like a conn of a move.
Suggestions, thoughts ?
To continue with bitcoin's success, we need Saylor to simplify his message on how he addresses this. The quoted talking points below start around the 9:30 mark
First things first- Bitcoin can be working on solutions like the rest of the world. There ARE cryptography standards that have been developed over many years in preparation for the advancement of quantum computing. See NIST approved standards where they advise us to begin now.
Nvidia, Google, AWS, Microsoft, IBM and the list goes on are actively working in this space. See the Linux Post Quantum Cryptography Alliance.
"In this case, the fear is used to sell the next altcoin"
This is not an altcoin created narrative. This is a WORLDWIDE risk, which has to be addressed properly by everyone. It can't be avoided in crypto when these companies are actively working on changes.
"Quantum computing is going to destroy your token so give me your billion dollars"
Moving digital assets from coin A to coin B is not anyone taking or giving dollars. Saylor certainly wants you to sell all your other digital assets (and non-crypto assets for that matter) and buy Bitcoin. Does this mean you are giving it to him? Let's hope that's not how it works. Really bad argument.
After some far out analogy "it's like saying an asteroid is coming so give me your money", he tries to make a more reasonable point.
"As computers get better, we'll use those computers to secure the network"
Well, of course that is not an answer because the early capable computers will not be widely available. There is a reason this is a worldwide race to be first. And sure, bitcoin may not be the top target, but it is definitely an easy money grab as it will just look like wallets "woke up". Btw it is the cryptography that protects our private keys that is the problem, not the chain history.
After that, he acts like it is Dr.Evil in the basement that is the threat. Wow
Ok- sorry, but he worked way too hard here to try and dismiss the fear.
How about simply saying: "We are aware of the latest cryptography standards approved by NIST and are looking at how to implement them like everyone else is currently assessing."
Crypto exchange scam
Everyone be careful I just lost over 2500$ I traded some xrp and used Binance I bought them there and transferred them to Bitemq.com and used arbitrage and made some profit. But then they froze my account with all the money and i can’t get them back.
The stock dropped all the way down from being hi from the start of the year taking a chance on it now while it's low, on (smart layer network) invested 42$ up 1.50$ atm any advice?
I'm doing something extraordinary and entirely driven by YOU.
I just bought $40,000 worth of Bitcoin, and instead of deciding when to sell myself, I'm handing over the reins to this community.
Take a look at the screen recording of the purchase right here!
I've added five comments below, each with a specific date and time for when I could sell my Bitcoin.
Vote by upvoting the comment that matches your choice.
The option with the most votes wins.
No take-backs, no regrets.
When the time comes, I'll sell it all. Regardless of profit or loss.
The Choices:
1️⃣ Sell on Monday, 25 November 2024, at 10:00 AM GMT.
2️⃣ Sell on Tuesday, 26 November 2024, at 10:00 AM GMT.
3️⃣ Sell on Wednesday, 27 November 2024, at 10:00 AM GMT.
4️⃣ Sell on Thursday, 28 November 2024, at 10:00 AM GMT.
5️⃣ Sell on Friday, 29 November 2024, at 10:00 AM GMT.
⏳ Voting ends in 48 hours (Sunday, 24 November 2024, at 2:00 PM GMT).
Drop your votes below, and while you're at it, feel free to share your price predictions for Bitcoin on the date you pick.
Once the votes are in and the sale happens, I'll post a video recording of the sale.
Why am I doing this?
Because as an entrepreneur, I do many risky and crazy things.
Will I make money? Maybe.
Will I lose money? Maybe.
Will it be a one-of-a-kind, crazy, socially driven experiment full of excitement? Definitely.
Here's to hitting $110K or wherever this crazy journey takes us.
P.S. If you're interested, you can take a look at my earlier post for more cool stuff like this, but with Dogecoin!
How many shares of Pepe and Shib do you think a person needs to have in this cycle to make life changing money?
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Iam a Thailand citizen moving to New Zealand, will my binance account be 1)blocked due to change in IP address or 2) do I hav to re kyc again or 3)can I use with VPN 4) or nothing will happen
Hey so I'm generally a newbie to crypto. Where do you all find and buy new crypto currencies when they're fist put on the market? I'm looking for that along with the ability to sell or convert them quickly. I'm essentially looking to invest something along the lines of 10 dollars into a new crypto and then sell it when it's price begins to skyrocket. 10 dollars at a time seems like a marginally low risk given potential gains especially if I'm only looking for marginally small gains. Wondering if anyone has any advice?