Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/partymsl on 2024-12-08 21:41:48.

The original post: /r/cryptocurrency by /u/Similar_Diver9558 on 2024-12-08 21:26:42.

The original post: /r/cryptocurrency by /u/sirCota on 2024-12-08 18:45:12.

I’ve been trying to study and be an educated investor who is not governed by emotions and sunk costs.

looking at neon EVM for a while and when comparing prices and history and market cap and the tech and the company etc. …

most of the time i learn about a currency and i think .. yeah, makes sense outside normal chaos.

but i dont understand what happened w this one. to me, on paper, its absolutely poised to do well, but nothing adds up but that’s cause im a novice i think.

maybe someone can explain it better?

the one rule i know is whatever im thinking, i should do the opposite.

The original post: /r/cryptocurrency by /u/howevertheory98968 on 2024-12-08 18:35:00.

Right now I am a consultant. For lack of better term, I am kind of a whistleblower consultant (I cannot be more specific, but trust me, I am a good guy*), and the work I do (WHICH IS ALL LEGAL) is anonymous. I get paid anonymously right now, I'll spare you the details but it's all legal. Anyway, I want to use crypto because I want to promote its usage. I also realize there is no difference between getting paid in money and buying crypto, and getting paid in crypto. I just want to encourage its usage.

The most information I can provide to you is that I am in the early stages of exposing an industry that is rife with some of the worst scammers ever.

My question is, if I want to get paid in for example Bitcoin, does this maintain anonymity? I use CoinBase and they obviously know who I am. But could a customer who pays to my address know who I am? I know you can see wallets online. Does this mean they could tell how much money I make/have? Is it connected to my name in any way? Do I have to send them any tax forms at the end of the year if they pay me in crypto; and would these forms have my name on them? Does the exchange handle that?

Next question. How do I declare taxes if I get paid in crypto? What if I get paid $500 in bitcoin and hold forever? Is that income? If I get paid $500 in bitcoin and then sell for $400 at a loss, is that $500 income minus $100 = $400 profit? If I get paid $500 in crypto this year, hold it, I pay taxes on $500 income, but then in over a year if I sell it for a gain, do I still pay taxes on it? On the part i didn't pay taxes on already? I know $500 isn't enough regarding taxes, so swap with any number you want.

I have no concerns with paying taxes. I'm not trying to miss taxes. I just want to know how anonymous is getting paid in crypto for the seller, not for the taxman, and do you get double taxed if you pay taxes on the income and then again when you sell it?

*I know this sounds like what a felon would say

The original post: /r/cryptocurrency by /u/JoeChio on 2024-12-08 18:27:46.

The original post: /r/cryptocurrency by /u/DaRunningdead on 2024-12-08 17:51:11.

The original post: /r/cryptocurrency by /u/MYSICMASTER on 2024-12-08 17:43:39.

I turned 18 a few days ago, and I wanna get started with investing. I decided to start with Kraken after talking to one of my investor buddies at work.

I'm in the process of setting up my account, and I'm at the stage where I need a photo of my government ID. Now, I'm and INSANELY paranoid person. I dont feel safe giving my ID to random people online. While im sure it's safe as most online sources say so, I occasionally saw a few people saying you shouldn't risk it. Aswell as that, many of the sources were a few years old and idk if there were any risks that arose since then.

So, could anyone give me some peace of mind? Are there any major risks of giving my photo ID (specifically a passport) to kraken?Has there been any recent major security breaches or issues that may concern me?

The original post: /r/cryptocurrency by /u/Silver-Maximum9190 on 2024-12-08 17:42:22.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-12-08 17:39:00.

The original post: /r/cryptocurrency by /u/HegeCoin on 2024-12-08 14:20:09.

We last hosted an event here in late October, and since then, we’ve gone from a MC of $9m all the way up to our ATH last week of $50m. Our price spike correlated with the surge of retail users flooding into the market, nicely aligning with our thesis that $HEGE is the perfect retail focused project.

You may be wondering to yourself ‘why is the $HEGE price correlated to retail coming back into crypto?’. The answer is that $HEGE has the loudest community across memecoin subreddits, and is designed to be super easy for newcomers to understand. We firmly believe that we’re in the midst of a ‘memecoin super cycle’. Reddit is the first place many new memecoin investors go, therefore investing in $HEGE means you're betting on the fact that retail will continue flooding into Reddit as the bull run really starts to accelerate.

$HEGE has been around for 8 months now, and has proven itself to be one of the front runners in the memecoin category. With 24k+ holders, 20k+ followers on X, and over 4k+ in our own subreddit (r/HegeCoin), $HEGE is growing rapidly.

Putting our Reddit presence aside, $HEGE also has a fantastic holder distribution, A+ content, A+ narrative, a cult-like community, and strong liquidity to protect our investors. What more could you want out of a memecoin?

Hege is a Solana memecoin, with a unique twist...

Hege is a hedgehog with a quest to impress his crush Hegena. We've gamified the token by creating 10 chapters to his story, every chapter is released at various market cap levels, with chapter 10 being released at a $1 billion market cap. The production value has increased with each milestone, with the upcoming chapter 5 (unlocked at $50M) taking over a month to animate.

CEXs

$HEGE recently launched on 2 more exchanges, namely AscendEX and LBank. $HEGE is now available to trade on 7 centralized exchanges, making it easy to buy $HEGE in a convenient way.

The team also teased that they’re currently working on a top 10 exchange listing, and it looks like it is on its way! A top 10 exchange listing is the next logical step for $HEGE. When this listing arrives, we believe it will be the catalyst to send $HEGE to $100m and beyond.

Giveaway

Enough of the talk about ourselves. We'd like to celebrate $HEGE making a second appearance on r/CryptoCurrency by giving away a total of $1000 to the best 5 questions asked below! You must also follow the r/HegeCoin subreddit to be in with a chance of winning. Winners will be asked for a Solana wallet address via DM on December 12th 2024.

AMA

Now that you know about us, what would prevent you from investing in $HEGE, and what would encourage you to invest? We're here to answer all of your questions and address any doubts you may have about us as a meme coin project!

The original post: /r/cryptocurrency by /u/OneBlockAwayICO on 2024-12-08 14:16:48.

The original post: /r/cryptocurrency by /u/ChemicalAnybody6229 on 2024-12-08 11:25:17.

The original post: /r/cryptocurrency by /u/dark_deadline on 2024-12-08 13:28:22.

Wanna earn literally free money follow this:

you'll say i am bull shitting you but no it's true checkout for yourself

if you have moons on arbitrum nova you can get $100-200 with 10k per moons with zero to no risk.

all you gotta do is sell on kraken and buy on arbitrum one how to buy on arbitrum one?

Check the price on either camelot exchange or 1inch sell on kraken and then buy from 1inch or camelot whatever you like.

and if you are new to moons and wanna buy MOONs right now buy on arbitrum one it will be much cheaper than anywhere else

kraken

1inch

DISCLAIMER : KRAKEN DOES NOT SUPPORT ARBITRUM ONE MOONS YET!

The original post: /r/cryptocurrency by /u/AssistancePretend668 on 2024-12-08 11:03:22.

Most important detail: I have 2 friends (one who is a super intelligent scientist of some sorts) who have made IG posts in the last few months advertising for their crypto coaches. I don't speak to them a ton these days, and I'm hoping for some diverse opinions here, not just them advertising their new-found hopes and dreams.

From my stock & options trading days, I was certainly aware of similar classes, experts, coaches, etc. The usual tricks like learning how to read charts or find pump & dumps via their subscription chats.

I'm curious what these people are teaching, more specifically. Are they going after meme coins and just sending their "students" pump & dumps every few days? Are they doing anything with alt coins?

I seriously have zero clue. Hoping for some actual answers, not just "teaching them bankruptcy via rugs" lol.

The original post: /r/cryptocurrency by /u/CragBawz on 2024-12-08 08:44:45.

The original post: /r/cryptocurrency by /u/Similar_Diver9558 on 2024-12-08 08:40:39.

The original post: /r/cryptocurrency by /u/JacKINGdaPOT on 2024-12-08 08:15:37.

Hope everyone is having a wonderful day! I wanted to ask if anyone knows if cryptocurrency moons will be listed on Coinbase in the future. I purchased some moons on crypto.com about a year ago and now I’d like to transfer them to my Coinbase account. If anyone has advice on the best way to swap my moons outside of crypto.com, I would greatly appreciate it. My last sell order on crypto.com didn’t go through, so I’m considering using Coinbase as a better option for this transaction in the future. Thank you kindly for the response!

The original post: /r/cryptocurrency by /u/ChemicalAnybody6229 on 2024-12-08 07:24:14.

The original post: /r/cryptocurrency by /u/EnigNa710 on 2024-12-07 19:56:38.

Now personally, I never bought a meme coin that wasn’t dogecoin or shiba years ago. People lose money in this shit every day and it’s their own damn fault.

But I actually think this could be one of the biggest rug pulls ever. Not really because of the money but more so how much the normal ordinary people in public got swindled by such an idiotic but coincidentally iconic person. Thousands to a million dollars lost in like 20 minutes. I know this doesn’t just happen every single day that easily

Like this instance of a rug pull was kind of the epitome of what’s wrong with crypto (obviously it’s more so what’s wrong with people) and decentralized exchanges - because this really proves that almost any idiot can do what she just did. That and the 9 year old who did that viral rug pull 2 weeks ago.

And frankly, I don’t think there’s anything they (the SEC) can do about this. I think this instance of this idiot creating a meme coin with no consequence is going to put crypto in bigger scrutiny.

Nah? Enlighten me pls

Edit: I want to say my questions spawns from I am seeing every news outlet imaginable writing about this. This is kind of big news I only really saw this level of attention with Celsius and Lunar. I didn’t even know about the Kim K “rug pull”.

The original post: /r/cryptocurrency by /u/Herbonex on 2024-12-07 19:20:56.

Hey all,

I received NFTs in my wallet, which I know are scams to get into your wallet.

I never interacted with any of them, just hid them. This morning I wake up to an NFT sent out of my wallet. There was ETH paid as a gas fee (not out of my wallet). Here is the tx: https://etherscan.io/tx/0x9f58922d6bab53c8be04dbc2af37df11fb619360ac8cc740e73ff2704fbf5720

Now I'm worried about a compromised wallet. My seed has always been in a safe (seal still intact) and hardware wallet left untouched.

Any advice or thoughts are welcome about how this scam NFT left my wallet.

The original post: /r/cryptocurrency by /u/ethereumcharles on 2024-12-07 17:39:34.

The original post: /r/cryptocurrency by /u/Zendir on 2024-12-07 16:16:36.

P2P swaps are my new favorite way to trade for two amazing reasons:

1. you can take profits without affecting the chart
2. you get more coins for the same amount when buying due to lower fees and occasionally better deals due to market shifts

Do you use P2P swaps? Any suggestion?

Btw I’m using Messier P2P, both web app and Telegram bot (which is such a fast and smart way to do p2p swaps).

The user experience is very similar to Uniswap or any other swap platform: you connect the wallet, and swap.

Key difference is that buyer and seller interact directly without any liquidity pool or intermediary.

The original post: /r/cryptocurrency by /u/diarpiiiii on 2024-12-08 05:58:07.

The original post: /r/cryptocurrency by /u/Every_Hunt_160 on 2024-12-08 05:27:39.

The original post: /r/cryptocurrency by /u/AppearanceAgile2575 on 2024-12-08 04:56:33.

Apologies if these are dumb questions. I am relatively new to the cryptocurrency space and am not sure how utility tokens are utilized.

If I understand correctly, ICP is a blockchain alternative to AWS and other cloud platforms and Render providers access to virtualized GPUs. Are these just goals at the moment? And if not, how would I begin hosting with ICP? How would I rent resources using render? How would I be able to access the ADA, ETH, SOL, and XRP blockchains and do the same with the (other, in the case of render) tokens developed on them? I don’t think this information is available clearly enough and is very important for the mass adoption of cryptocurrency.