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    /r/CryptoCurrency

    8,854,277 Subscribers

    5

    How can a new bullrun sustain in 2024??

    I know that BTC has the backing of blackrock and institutions and 15yrs of sustained uptime and trust.

    But the bull run of 2021 was a perfect storm. People were told to stay home. DEMAND GOT PENT UP. Then helicopter money rained for 2 yrs straight. Rent didn't have to be paid. Mortgages went into forbearance Student loans paused. Once in a lifetime type stuff

    Retail pumped up dogecoin and every other alt you can think of. Life was good.

    Outside of BTC...how can a true bullrun be sustained if cost of living is high and layoffs are ramping up??

    I just dont see it. Unless theres some alts out there woth actual use case. (Which 99% have none)

    What do you think?

    6 Comments
    2024/10/31
    05:33 UTC

    0

    Is Grass paying people to install spyware on their own computers and phones?

    2 Comments
    2024/10/31
    04:14 UTC

    60

    If you made $500,000 Per Day, Every Single Day Since the Great Pyramids Were Built, you Would Have Less than Half of What the US govt has Borrowed Since Jan

    Some basic level math:

    The Great Pyramids of Giza were completed around 2560 BCE. About 4,584 years. Approx. 1,673,316 days. At $500k per day, that's $836.66 billion

    U.S. Government Borrowing. In average $200 billion per month. 10*$200 billion = $2 trillion.

    sourse: https://www.linkedin.com/posts/swanbitcoin_bitcoin-activity-7248673162387763201-JRGP?utm_source=share&utm_medium=member_android

    (You will need to sign in in order to view the sourse post.)

    Conclusion: Do the math. Opt Out. Buy Bitcoin.

    69 Comments
    2024/10/31
    03:40 UTC

    0

    Will Trump Meme Coins Explode if He Wins the Election?

    Do you think Trump-related meme coins could take off if he’s elected?

    Last time, all Elon had to do was change his profile to a U.S. flag and make a post about Trump, and we saw Trump meme coins shoot up 4x. If Trump wins, could we see another wave of crazy coin pumps? Meme coins are so unpredictable, but social media hype seems to spark them fast.

    What do you think? Could a Trump coin rally happen again, or is it just temporary hype?

    Let’s hear your thoughts!

    I'll be looking for those type of meme coins in my opinion, also Trump is with crypto anyway.

    10 Comments
    2024/10/31
    03:18 UTC

    0

    Old online dogecoin wallets

    Looking for the old online dogecoin wallets or otger online wallets i may have put my dogecoin in. I used to be fairly active in the culture of randomly giving doge and even purchased it a few times can anyone help? I know its on the blockchain somewhere but i dont know where. Would be from within the first 5 or less years of doge. Back when you could click a link or give your email for significant amounts of doge. Can anyone help me remember the sites from back then? Im hoping theres a way to access it.

    3 Comments
    2024/10/31
    00:22 UTC

    0

    Should've bet on the cats

    POPCAT up 45,366% since January, now at $1.68bn MC. I remember looking at this in June and not being convinced it would go much higher. It's up about 700% since then.

    MEW up 953% since March, now at $854m. Only heard of this recently and I see there's lots of $10,000+ buys coming in each day, so whales seem to think it's a good bet, short-term at least, but who knows if this will go much higher now.

    Guess I'll just keep my fingers crossed and hope that the coins I bought, which are currently under $50m MC, will moon soon.

    16 Comments
    2024/10/31
    00:03 UTC

    13

    Daily Crypto Discussion - October 31, 2024 (GMT+0)

    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:


     

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    • u/CryptoDaily- — Posts the Daily Crypto Discussion threads.

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    98 Comments
    2024/10/31
    00:00 UTC

    0

    TODAY: Saylor on $42 Billion MicroStrategy Plan To Acquire and HODL Forever

    8 Comments
    2024/10/30
    23:36 UTC

    169

    MicroStrategy's $9.91 billion investment is now worth $18,330,383,597, by only holding and not giving into FUD

    MicroStrategy currently holds approximately 252,000 Bitcoin.

    Their average purchase price being $39,200, their investment of $9.91 billion is currently worth $18,330,383,597, as of October 31 2024, Bitcoin being worth $73,000.

    We've seen people say it was a bad investment, that MicroStrategy was going to fail, and million other things, while they never cared and kept buying. They've doubled their money into $18 billion by purely DCAing and holding.

    And we have no idea how high Bitcoin will keep going, as it's just getting started, and their profits might become even more.

    Both MicroStrategy and El Salvador have made crazy amount of gains while both were criticised for their decision initially.

    And the first few days of October had everyone thinking we won't get anywhere near the ATH, but it seems the market doesn't really care about TAs and what we think. Michael Saylors personal opinion was that Bitcoin could reach $13M each by 2030, so we'll see how that goes.

    82 Comments
    2024/10/30
    21:36 UTC

    0

    Interview: How to Overcome Challenges Faced by Web3 Project Founders

    This is a fragment from the interview regarding avoiding 'shitcoins,' etc.:

    " - Today, the crypto industry is developing rapidly, and with each new project, various marketing strategies emerge. Some use aggressive marketing that attracts a large audience and often creates excessive hype. However, it’s becoming increasingly more work for users to distinguish up-and-coming projects from those that rely solely on hype. How can users in the crypto industry avoid being influenced by aggressive marketing and approach investments rationally? What advice would you give to avoid falling for the hype surrounding ‘shitcoins’ and make informed decisions?

    To avoid falling for aggressive marketing tactics in the crypto industry, users need to adopt a more critical, research-driven approach. First, they should focus on project fundamentals, examining elements like the team’s background, the project’s real-world applications, and its long-term vision. Users should also look for comprehensive white papers and clear roadmaps indicating a project’s commitment to transparency.

    To avoid ‘shitcoins’ or projects based solely on hype, I advise investors to prioritise projects with robust utility, focusing on those that solve genuine problems within the industry. They can avoid impulsive decisions by setting clear investment criteria based on personal risk tolerance and joining communities to discuss and evaluate potential investments with like-minded individuals."

    Basically, I knew all these rules, but maybe you can share more red flags to watch out for when trying to spot 'shitcoins' or avoid bad investments?

    1 Comment
    2024/10/30
    21:31 UTC

    0

    Anyone able to recommend a course of action on this?

    Ok so I know people can make valueless coins for exchange between parties as kinda of their own currency but upon some skimming into how to actually make a coin and setup ways for people to exchange them seems like a massive complicated mess so I was wondering if there's any alternatives like a site or app or whatever that would allow me to make my own monetarily useless currency and have it be able to be traded between people easier than learning a bunch of coding or paying someone to do it all for me. I gather that probably doesn't make much sense so let me try and summarize. I'm trying to make a currency for a video game guild the players can exchange between themselves and idk how to do that effectively so any help is massively appreciated.

    2 Comments
    2024/10/30
    21:18 UTC

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