Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/jbcraigs on 2024-12-10 05:51:55.

I’ve noticed that hardware wallets, such as Trezor, often allow users to include an additional passphrase (sometimes referred to as a 13th or 25th word) in order to create a hidden or more secure secondary wallet. However, I’m having difficulty finding any well-known, reputable software wallets that offer a similar feature. For example, popular options like MetaMask or Trust Wallet don’t seem to support this kind of passphrase-based hidden wallet functionality. Are there any trustworthy software-based solutions that do provide this kind of layered security?

The original post: /r/cryptocurrency by /u/CryptoNewYork on 2024-12-10 05:01:45.

Does anyone know how to retrieve the BTTs stuck in the Atomic Wallet?

It does not allow me to transfer – the Tech Support of the Atomic Wallet declares they are aware of the situation but unable to resolve it.

As suggested, I try to retrieve it with another wallet, such as Phantom or Trust Wallet but with no luck as the amount does not show but zero BTT even after “adding the BTT in its list of tokens.”

What do we do? Has anyone experienced it with the Atomic Wallet? All other tokens seem to work fine with it, while it is an issue when it comes to sending BTT to send…

The original post: /r/cryptocurrency by /u/the_far_yard on 2024-12-10 04:47:10.

| Previous ATH | Halving Date | Date BTC Surpassing Prev. ATH | BTC's Peak Month | |

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| | USD 1,150.00 | July 2016 | February 2017 | December 2017 @ USD 19,783.00 | | USD 19,750.00 | May 2020 | November 2020 | November 2021 @ USD 69,000.00 | | USD 69,000.00 | April 2024 | ~~November~~ March 2024 | October 2025 (?) |

Timing the market is futile- we know, but certain months in the Calendar that might make sense for you to consider your short, medium, and long-term strategy to DCA-out.

2016-2017 run saw BTC reaching its previous ATH in February 2017 (USD 1,150). This is 7-8 months after the halving. The run peaked in December 2017.

2020-2021 run saw BTC reaching its precious ATH in November 2020 (USD 19,783). This is 6 months after the halving. The run peaked in November 2021.

~~This current run is sort of in between, with November 2024 being the month BTC reaching its ATH, in comparison to the previous run. If we follow these two trends alone, we've got a few quarters ahead of us.~~

I had completely read the charts wrong for some reason. BTCh in this cycle reached its previous ATH in March 2024, which completely breaks the trend of the previous 2 cycles.

If there's a hint or anything, plan your DCA-out in ~~Q2-Q3 2025~~ Q1-Q2 2025. But then again, DYOR, but I thought I should share this nugget of information.

Edit 1: Adjustment on a glaring error- BTC's reach to its previous ATH at USD 69k, and adjusting the suggestive exit point.

The original post: /r/cryptocurrency by /u/djlord7 on 2024-12-10 04:43:19.

Is this a good time to DCA into altcoins? I’ve been thinking about whether it makes sense to start dollar-cost averaging into alts now, especially if Bitcoin has recently hit a new all-time high and might head into a correction phase before the next cycle. Would it be smarter to wait for better entry points, or is it fair to say that anytime is a good time to DCA as long as you believe the crypto industry as a whole will grow in market cap over the long term? Would love to hear some perspectives on this.

The original post: /r/cryptocurrency by /u/WineMakerBg on 2024-12-10 04:25:34.

You had your Last Chance, Peter and you blew it. Saving this for a legacy post next year.

The original post: /r/cryptocurrency by /u/DaRunningdead on 2024-12-10 04:17:50.

The original post: /r/cryptocurrency by /u/Friendly_Giant04 on 2024-12-10 04:15:54.

Started investing into the stock market around age 15-16. Now I’m 20 and getting into crypto .

Was wondering what the better investment is buying the etf/ index funds that track bitcoin and ethereum etc ? Or buying the bitcoin and ethereum on Coinbase which is better investment for the long term .

Let me know your advice is for me as a new crypto investor . I do own crypto but it’s the least amount of all assets in mh investment portfolio my holdings are on Charles schwab and some on Coinbase . I’m planning on buying some soloana and some eth in the near future.

Looking to soak up the knowledge of more experienced crypto investors. Thanks in advance!

The original post: /r/cryptocurrency by /u/dankmeme_god420 on 2024-12-10 03:37:10.

The original post: /r/cryptocurrency by /u/Instacartdoctor on 2024-12-10 03:28:50.

I was transferring BUSD to Coinbase from using Uniswap and I can't find the money. Uniswap says it's been transferred but nothing has showed up in Coinbase yet.... Does anyone know why that might be? Is there a long time to wait to transfer ? Sorry I don't do this often and I just don't get where the money is now. I was transferring BUSD to Coinbase from using Uniswap and I can't find the money. Uniswap says it's been transferred but nothing has showed up in Coinbase yet.... Does anyone know why that might be? Is there a long time to wait to transfer ? Sorry I don't do this often and I just don't get where the money is now.

The original post: /r/cryptocurrency by /u/semanticweb on 2024-12-10 02:49:29.

The original post: /r/cryptocurrency by /u/MoonWeek on 2024-12-10 02:26:02.

The original post: /r/cryptocurrency by /u/saadistic16 on 2024-12-10 02:24:24.

The original post: /r/cryptocurrency by /u/the_far_yard on 2024-12-10 01:24:24.

Quite some time ago, I posted this thread. The feel good feeling is back, and if you were with me back in 2017, or even back in 2021, you know what's coming.

The post focused on the bear market, which was in the bracket of 2013-2015; 2018-2020; and 2022-2024. Through this pattern, this post is to anticipate the next cycle of bear, which should be in 2026-2028.

| Year | 2013 - 2015 | 2018-2020 | 2022-2024 | |

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| | | | | Peak Price | USD 1,149.14 | USD 19,970 | USD 103,300 | | Bear Market Low | USD 197.24 | USD 3,109 | USD 16,600 | | Drawdown | -83% | -84% | -84% |

Judging from the previous cycles, the 'drawdown' seems to be near repetitive to be around the same figure. Although we do not know how long will we see the next bear-market go for us, this should give you a brief idea on what had happened in the previous bear cycles.

But then again, things might be different this time. This is because we have seen institutional players coming in. Heck, we saw BTC breaking down to go beyond it's previous ATH from the previous cycle, dropping down to USD 16.6k, after having USD 19.9k for its ATH in the cycle before.

I do think that despite the positive patterns changing, the drawdown is where people need to be wary of. Take this as a sign- have an exit strategy in Q2-Q3 2025.

The original post: /r/cryptocurrency by /u/alphaonthecomeup on 2024-12-10 01:10:06.

The original post: /r/cryptocurrency by /u/_Jimmy_Rustler on 2024-12-10 01:05:14.

The original post: /r/cryptocurrency by /u/ethereal3xp on 2024-12-10 01:00:18.

https://coinbureau.com/analysis/ponzicoin-crypto-crazy/

https://www.smartcompany.com.au/startupsmart/five-times-cryptocurrency-investments-went-terribly-wrong/

PonziCoin was a cryptocurrency project that openly described itself as a Ponzi scheme. Created by San Francisco developer Rishab Hegde, it was launched as an ERC-20 token with the tagline of being the "world’s first legitimate Ponzi scheme". Despite its transparent nature as a scam, over 900 transactions were made, with early investors profiting at the expense of later ones. The project's website and whitepaper did not hide its fraudulent nature, linking to a U.S. Securities and Exchange Commission warning about Ponzi schemes.

Eventually, trading operations ceased as the developer acknowledged the project's absurdity.

Perplexity

The original post: /r/cryptocurrency by /u/GrowingPaigns on 2024-12-10 00:21:58.

A few weeks back a family member connected completely platonically with someone over social media claiming to be part of some family of crypto guru’s (sketch).

They claimed to have a way to determine when certain cryptos will jump to make a large profit off of them using very short term crypto futures, usually a trading window of 60s or less (double sketch). They said they would teach my family member how to do the same, and that they just need to buy this already millionaire a solo trip somewhere nice after my family member gets rich. (super sketch)

Despite this, my family member went along with what they said, depositing a decent amount of cash (nothing they couldn’t live without), into the site where you can trade short term contracts. It has been a couple weeks now since, they have made multiple hundreds from their original “play investment” and have even withdrawn funds on a couple separate occasions.

They said they verified with their own bank that the bank tied to the crypto site is legitimate, but it is incredibly difficult to find the website through a normal search, and I can’t find hardly any information on the site itself

(Link to website, visit at your own risk) (It is broken up by spaces cause Reddit won’t let me post it as solid text)

https :// web3. skdalo. xyz /Trade /tradelist

My questions for the community are:

Why, after my family member deposited money, and made money off of that investment, have they not yet yoinked his funds?

Have you ever used websites that end in “.xyz” to trade crypto?

How do I get my family member to see this is a scam before they deposit a dangerous amount of money?

Is there any way to determine the legitimacy of a website outside of making sure it has the https protocol and lock symbol? (Im sure there’s ways to fake both of those)

The original post: /r/cryptocurrency by /u/BasalTripod9684 on 2024-12-10 00:18:33.

Maybe I'm too monero-brained or something, but I can't see this as a good sign?

Bitcoin was designed to be a trustless peer-to-peer currency open to anyone. Not an investment vehicle or product for multi-billion-dollar companies.

I see people on here go nuts over the most recent news of Tesla or Microstrategy or any other nasdaq 100 tech firm buying up another few million dollars worth of bitcoin, but I don't see how that's good news. These companies aren't using bitcoin for their day-to-day operations, or accepting it for payment, or doing literally anything to practically support the network. They're holding it as an investment to sell off when people pump up the price based on hype. Don't even get me started on the ETFs.

The original post: /r/cryptocurrency by /u/CryptoDaily- on 2024-12-10 00:00:23.

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.

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The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-12-09 23:58:31.

The original post: /r/cryptocurrency by /u/GabeSter on 2024-12-09 22:50:09.

I'm not telling anyone to take profit now that most alts are down 25-30% from recent peaks. But I am going to take a moment to call out the alt shills who said taking profit in a bull run was bad.

I previously made a post saying if you have major profit in an alt you should take profit and at least recoup your buy in cost. Although it was mostly well recieved a handful of Alt Shills were calling it bad advice and saying that I was trying to crash the Crypto Markets (as if a random reddit post can nuke a market) but had you taken profit when alts were going crazy and people were talking about $1,000 XRP you'd have money to buy todays dip. Hell if you recouped your initial entry cost you could be letting the zero cost position ride and even opening new cost based positions on the dip.

Let's be clear people who demonize selling alts are simply providing bad advice, and should be ignored.

The original post: /r/cryptocurrency by /u/Advanced-Many2126 on 2024-12-09 21:58:31.

See this tweet - https://x.com/compound248/status/1866193695814672587

Basically, Google just announced a breakthrough in quantum computing with their new Willow chip. Some speculate this news might have contributed to the current Bitcoin price decline, as quantum computers could theoretically pose a risk to cryptography in the future. However, it's important to note that we're still very far from practical quantum computers breaking Bitcoin's cryptographic methods. Moreover, Bitcoin can be upgraded to quantum-resistant cryptography when needed through a soft fork.

Thoughts?

The original post: /r/cryptocurrency by /u/Silver-Maximum9190 on 2024-12-09 21:27:14.

The original post: /r/cryptocurrency by /u/goldyluckinblokchain on 2024-12-09 21:19:46.

The original post: /r/cryptocurrency by /u/KIG45 on 2024-12-09 20:34:23.