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The original post: /r/cryptocurrency by /u/Traditional_Motor_51 on 2024-12-09 07:34:29.
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The original post: /r/cryptocurrency by /u/MemenaSerena on 2024-12-09 06:53:30.

After Trump's victory we saw dramatic price increase in crypto prices. Let’s revisit his key campaign promises to evaluate further potential impact on the crypto industry. In his election campaign, Trump pledged a series of important measures for the crypto community. Many of these were articulated at Bitcoin 2024 Conference

Creating a National BTC Reserve

One of Trump’s most ambitious crypto promises is the creation of a U.S. strategic Bitcoin reserve. He announced that his administration would keep all seized Bitcoin—approximately 210,000 BTC currently—and establish it as part of a national reserve. Trump emphasized, “If I am elected, it will be the policy of my administration to keep 100% of all the Bitcoin the U.S. government currently holds or acquires into the future.” This reserve could serve as a critical asset, positioning the U.S. as a leader in digital currency holdings.

Backing BTC Mining in America

Another significant promise from Trump’s campaign is his plan to boost Bitcoin mining within U.S. borders. He envisions a future where all mined BTC originates from the United States, reducing dependency on foreign mining—especially China. Though the specifics of this initiative remain vague, the promise signals Trump’s commitment to fostering a strong, domestic crypto industry. Industry leaders, like Samson Mow of Jan3, view this as a promising step toward crypto self-sufficiency.

Expanding a Pro-Crypto Political Presence

Trump’s plan for crypto reform goes beyond regulatory tweaks. His promise to dismiss Chairman Gary Gensler is only the beginning. Trump aims to establish a Bitcoin council that would work with Congress to push pro-crypto legislation, creating a favorable political environment for digital assets. This council could be instrumental in shaping future crypto policy, supporting innovation, and promoting adoption across the United States.

No Room for CBDCs

Trump has made his stance clear on central bank digital currencies (CBDCs): there will be no government-controlled digital dollar under his administration. Many in the crypto community view CBDCs with caution, fearing they could erode personal privacy and expand government oversight. Trump’s commitment to blocking any form of state-run blockchain payment system has been welcomed by those who prioritize privacy and decentralization, reinforcing his pro-crypto agenda.

https://preview.redd.it/g4zbuja2tr5e1.png?width=1280&format=png&auto=webp&s=ca8873405b3abb64683805d913c5a3eaf789d92e

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The original post: /r/cryptocurrency by /u/Abdeliq on 2024-12-09 06:43:26.
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The original post: /r/cryptocurrency by /u/GreedVault on 2024-12-09 06:26:22.
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The original post: /r/cryptocurrency by /u/weballinnn on 2024-12-09 05:52:51.

I'm still getting my foot wet in the crypto/memecoin game, I'm slowly gaining/applying knowledge. I'm a 22 yo uni student and live in a Southeast Asian country (this might go in handy for the post because eCoNomY lol) I currently work a day job at a convenince store but I'm inconsistent, as I do other things.

How much does one typically invest to see some but of success or profit? I'm interested in memecoins. I/m eager to study and do my own research for it. Perhaps any great advice I'd appreciate!

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The original post: /r/cryptocurrency by /u/PeeCola on 2024-12-09 05:51:01.

Sleepless nights, sometimes we get so used to the blessing we have that we stop appreciating it; I've been hodling since 2017 and last week had the thought of selling some so that I can make more returns during the altcoin season on alts, to then buy more BTC.

Findings:

  • Alts go up, but not necessarily your alt
  • It is much easier to sleep hodling BTC on a correction, than an alt. With BTC, even when at some point I was -60% down, I never had any concerns, I knew for a favt it will bounce, and more importantly I was fully convicted of the asset I own. That's not the case with alts.

Writing this while knowing this can still go well, or maybe not, but I thought it is good to share that there is def sellers remorse with BTC. So think twice.

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The original post: /r/cryptocurrency by /u/CreepToeCurrentSea on 2024-12-09 05:48:59.
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The original post: /r/cryptocurrency by /u/Odd-Radio-8500 on 2024-12-09 03:38:46.
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The original post: /r/cryptocurrency by /u/EnigNa710 on 2024-12-09 03:32:15.

So this is my first time buying a memecoin in bird eye- I really had no expectations here and threw $200 into something just to see what will happen.

On solscan.io I can clearly see my wallet number and it says my coins got “BURNED” from what I can gather on the internet these coins are gone forever.

This was a coin that launched within 30 minutes so I really did play with fire thinking it could go to $0 - but is this the case? are my coins BURNED forever? Lol someone break this one down for me besides me being a dipshit

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The original post: /r/cryptocurrency by /u/complexmessiah7 on 2024-12-09 03:29:28.

I am brainstorming ideas as part of an elective on luxury and fashion. I thought of integrating crypto into my project somehow as it is an interest of mine.

There have been some attempts already by big players like lvmh and Dior. It's mostly been just NFTs as collectibles.

I wonder what an actual use case for crypto would be here (if there is one).

NFTs could offer Proof of identity, ownership, or authenticity, but what would it look like to implement something like this practically? For instance, details could be falsified before they are put up on the blockchain, since the blockchain cannot track or prove anything that happens before this. We would still need to trust the process/people in charge of at least the first mile.

The blockchain itself could be used for some sort of supply chain management. Would decentralizing that really be an improvement? Could someone help me out here with formulating an idea, or by playing devil's advocate?

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The original post: /r/cryptocurrency by /u/Cantora on 2024-12-09 02:24:21.

I've got a bit of money rolling around and I worry that it's just a scam. I searched this sub but couldn't find anything... Any user experience or thoughts would be appreciated.

I went to the Bitunix sub to learn about copy trading and hear what people are saying. It turned out to be a sub with just a bot that constantly spams. You can't find user content at all. The "about" section talks about it being a place for users to come together and connect - but that's pretty much impossible. So I wanted to message the mods but they've removed the ability to do that

So I made a post asking the mods to stop spamming the sub with the bot and explained that I couldn't find any user content because of it.The post wasn't rude or offensive or aggressive. It just said it's frustrating and they need to tone down the constant posting so users can connect.

And now I'm permanently banned from that sub...for breaking the rules. Also... There are no rules posted.

So exactly why is the sub just a spamming bot that stops users from posting content?

That really worries me as it says they do not want discourse from users.

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The original post: /r/cryptocurrency by /u/Wise-Grapefruit-1443 on 2024-12-09 02:21:11.
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The original post: /r/cryptocurrency by /u/ambivaIent on 2024-12-09 02:18:22.

Hey everyone!

I’ve been messing around with a fun idea and finally launched it - it's called 100coins.pro. It’s basically a Web3 billboard – a 10x10 grid where people can rent a block to showcase their favourite or hottest crypto projects. Think of it like a community-driven space for shouting out cool stuff in the crypto world.

It’s super simple right now, but I’m curious what you all think about the concept. Could this be a cool way for projects to get noticed, or just another random crypto idea? Would love to hear your thoughts and feedback, or even see your projects up there :)

Here’s the link: 100Coins.pro.

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The original post: /r/cryptocurrency by /u/Every_Hunt_160 on 2024-12-09 02:09:24.
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The original post: /r/cryptocurrency by /u/Cooky228 on 2024-12-09 00:32:22.

https://youtu.be/eEFSuZ8_Di8

Believers voted, so let's hope there's follow through after January 20th.

View Poll

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The original post: /r/cryptocurrency by /u/djhazmatt503 on 2024-12-09 00:24:19.

Not gonna recap the whole news cycle, but pausing on this take:

"Seeing crypto bros get scammed, like did you really trust Hawk Tuah coin with your savings?"

A) No crypto bro got tricked and scammed. Not one. When we gamble on shitcoins after signing wallet tx's and linking chains by wrapping coins, that's us being us and at least having some expert knowledge in the space. We get that StarWarsKidPepe is a rug and we're gambling if we buy it on CrapPumpBotSushiWifHat dot vip.

rather,

B) Normies got scammed. The interview this team did w Coffeezilla said "we are trying to onboard normies and people who aren't in this space." Anyone with an ounce of crypto knowledge knew what was up. They ripped off lots of random kids and first time crypto buyers.

So this is the same as, say, a foreign couple getting off the plane at LAX, assuming that the city center is a safe place for tourists, then getting rolled on skid row, like "hahah what idiots, didn't they know better?"

No, they didn't. And this is going to be a problem with mass adoption, if we keep blaming the new adopters for not knowing what bundle sniping at mint means.

End rant, I just hate to see it. We should be white hatting the PnDers and reverse rugging bad devs. At least until the average crypto noob knows what I just typed.

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The original post: /r/cryptocurrency by /u/CryptoDaily- on 2024-12-09 00:01:03.

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:


 

Finding Other Discussion Threads

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The original post: /r/cryptocurrency by /u/RazvanTheRomanian on 2024-12-08 23:56:52.

Hello, I have some free time and I can get more envolve with the r/cryptocurrency and our sweet and neet Moons :) my question is how can I do that? I need some guidance from you guys so I have a better strategy.

I started by reading about the history of the sub and the coin, I looked over some posts and articles but it seems that there is no coordinated marketing or no strategy.

I know you know and maybe some are disipointed in the way some things went but let’s keep the good vibes up and reunite behind our mascote :) let’s do articles, videos, try to push it to new exchanges and of course buy some for the consolidation. I want to help make this coin and community more visible to the outside world, let them hear our story, join our group and start the crypto journey with Moon.

Where should I start?

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The original post: /r/cryptocurrency by /u/d4s_bo0t on 2024-12-08 23:55:39.

Yes I fucked up by buying a complete shitcoin in the hopes it would moon. The shitcoin in question is called “Shiba Inu on Base” and I bought it on Uniswap. Since then it’s gone up about 2000% but I can’t sell it. I’m assuming it’s one of those scams where your wallet gets blacklisted upon purchase.

Whenever I try sell it just says this transaction will fail. I should have known, considering the charts for this coin only go up. Is there a way to sell off shit coins that are unsellable? Before any of you call me stupid, I only put in $50 so couldn’t care less. It’s now turned into $4000 lol. And it’s just sitting there in my wallet, unsellable.

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The original post: /r/cryptocurrency by /u/Acceptable_Koala2911 on 2024-12-08 23:28:13.

So, I came across a YouTube comment today where someone posted their wallet seed. At first, I thought it was fake or some kind of scam, but out of curiosity, I checked, and it turns out the wallet is real with over $8,000 in it.

I obviously didn’t take anything, but I’m not sure what the best course of action is here. I told the person who posted it to delete the comment and reported it to YouTube, but I’m still concerned about the situation. I really hope the comment gets taken down before someone else finds it.

Has anyone dealt with something like this before? What should I do next to make sure this doesn’t turn into a problem? Should I try to contact the person directly (if they’re still active) or just keep waiting for YouTube to act? Any advice would be appreciated!

Edit: I'm now sure it's a scam. I found this in their nfts, what is it? Did they steal from someone?

https://imgur.com/a/vBeyG7s

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The original post: /r/cryptocurrency by /u/NikNator10 on 2024-12-08 23:14:18.
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The original post: /r/cryptocurrency by /u/goldyluckinblokchain on 2024-12-08 22:59:06.
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The original post: /r/cryptocurrency by /u/FerretSuperb on 2024-12-08 22:46:24.

Looking for some advice from anyone that has withdrew from Plutus recently.

I tried posting this in their official sub reddit but it got rejected.

They ridiculously charge a 33% withdrawal fee.

I've been a top paying loyal subscriber for over two years (paying £19.99 a month) and have accumulated a small batch worth about £690 at today's Pluton prices.

For me to withdraw to an external wallet, the fee to pay is £227.

Does anyone know of any work around as this seems criminal.

Looking back, I should've went with Crypto.com's cards.. massive mistake there after spending almost £20k on the Plutus card over the 2 years.

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The original post: /r/cryptocurrency by /u/hopelesscase789 on 2024-12-08 22:36:08.

I remember the a few years back when people were trying to make a living out of shit posting here. I was very active here and accumalited just over a thousand moons.

I mostly forget about my crypto but with the current prices surging, I started to wonder where my moons had gone.

Turns out that they don't show in the Reddit vault but can be exported out and imported into meta mask. So I did that, and I have my moons! Only a few hundred quid but it's not like I actually brought any moons. I remember some of you here had hundeds of thousands. That's 10s of thousands of you were to sell now.

Copy and pasted a run through of how to recover your moons below👇

"Go to the reddit app and go to your reddit vault. You'll need your public address, and your seed phrase.

Open metamask and create a new account using your seed phrase. (You'll need a fresh install of metamask because for some reason it only lets you import using a private key instead of a seed phrase if you already have an account active; make sure you remember your old account details so you can get it back - there are also tools to convert seed phrase to private key but be careful with these and make sure you aren't connected to the internet if you use them)

Edit: if you install it on a separate device or browser you can then export the private key from the new metamask and then use the exported key to import into your regular old metamask as a new imported account.

Now you need to add the Arbitrum Nova network to metamask. In settings -> netowork imput the following: Newtowk name: Arbitrum Nova, RPC Url: https://nova.arbitrum.io/rpc , Chain ID: 42170

Now switch to the Arbitrum Nova network

You now need to add moons token. You can get the token address by going to https://nova-explorer.arbitrum.io/ and copying your public address from your reddit vault and pasting it into the explorer. Under tokens you should see your moons (and bricks or other reddit tokens you might have). Click on moons and where it says "contract" copy this string of characters. If you don't see it, it means your moons haven't been transferred to the new network yet, give it time.

From your metamask wallet (which should now be set to the Arbitrum Nova network) you'll be able to click "import tokens". Under token address, paste the contract address you copied from the previous step, for token symbol MOON should come up automatically, set token decimal to 18 and click import.

There you have it, you should see your moons in your metamask wallet. "

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The original post: /r/cryptocurrency by /u/Odlavso on 2024-12-08 22:32:44.
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