Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/WineMakerBg on 2024-11-16 19:34:38.

The original post: /r/cryptocurrency by /u/pedronegreiros94 on 2024-11-16 18:22:55.

It was late winter 2021, and crypto seemed unstoppable. Every new narrative was primed to pump 5x-10x, and all the major influencers and celebrities were jumping in, proudly showing off their NFTs.

Venture capital felt like an endless stream of money pouring into the market, and crypto had finally gone mainstream.

I made life-changing money back then—a new car, a new place—and I started to question everything. Why keep working a job I didn’t enjoy for $100k a year when I could make 5x that in crypto?

The "easy" gains made me prideful. I thought I had cracked the code, that I was different. But when the market started to crash, I kept doubling down—buying shitcoins and gambling on risky bets. Then reality hit.

A brutal bear market left me with no income for almost a year until I managed to land another good job.

I’m sharing my story as a cautionary tale for anyone who might think crypto will pump forever or that they’re invincible as an investor. Stay grounded, stay humble, and don’t let the hype blind you.

The original post: /r/cryptocurrency by /u/KIG45 on 2024-11-16 17:28:53.

The original post: /r/cryptocurrency by /u/Original-Assistant-8 on 2024-11-16 16:47:06.

Why is this important? It highlights that if governments want to create strategic reserves, the crypto space must prove they can navigate the quantum computing landscape.

Blackrock and others acknowledged this risk. Governments aren't going to accept the risk for very long.

As it stands, Bitcoin has had very little movement on proposals. Ethereum is more recently highlighting quantum resistance on its roadmap, and Vitalik is now putting this into presentations.

But talking about it versus reaching consensus on acceptable solutions are very different. This is not an easy issue.

To bring the space to the 2030 projections, it will need to be solved. Some have planned for it from the beginning. Which makes it much easier to provide acceptable solutions.

The original post: /r/cryptocurrency by /u/No-Elephant-Dies on 2024-11-16 16:23:38.

The original post: /r/cryptocurrency by /u/Fahim61891012 on 2024-11-16 15:59:29.

https://preview.redd.it/nxvib5pfda1e1.png?width=1920&format=png&auto=webp&s=3d149c5c9d1206554d1eea7702eaed8e56cd2100

October was quite a month for Autonomys, filled with noteworthy progress. I’d like to highlight a few of the most interesting developments. First off, the launch of the Taurus Testnet on October 23rd stood out. Surpassing the 1.5 TiB Space Race capacity goal within hours demonstrated not only the community's dedication but also the network's technical strength. This milestone was a key indicator of Autonomys' growth potential and a strong trial of its technological infrastructure, laying an essential foundation for future Mainnet developments.

There was also the release of Mainnet Phase-1 which commenced on November 6th. This phase is geared towards making storage possible through blocks production and improving on the consensus chain’s security of Autonomys’. Enhancing these fundamental building blocks of the network is more than a mere process of improving technical infrastructure; it creates the conditions for more extensive user participation and network development. A resilient foundational layer is critical to the long-term success of any decentralized system.

Finally, the one that interested me was new strategic partnerships. Key collaborations in the month were with Swan Chain, Masa, and Compute Labs in the month of October. These alliances’ primary goal is to increase Autonomy’s impact and authority in decentralized AI, bring in new skills, and expand its network. It has an crucial position in constructing a better environment for an improved marketplace and new openings for improvement.

All of these updates from October show steady advancement towards Autonomy’s vision. They should be revealing in the coming months. It’ll be interesting to see how these developments unfold in the coming months.

Kaynak:

Binance Square

CMC

The original post: /r/cryptocurrency by /u/sadiq_238 on 2024-11-16 14:01:31.

The original post: /r/cryptocurrency by /u/BlubberyGiraffe on 2024-11-16 13:01:36.

This market has been an incredible one. Granted I am only involved in crypto since 2020, but at the same time I have learned so much along the way.

Sadly some of those life lessons are still front and center on my portfolio while I wait for them to possibly catch up. It was may not happen, but even some of the real lyrics bad ones are nearly here. Some people not quite so much.

LRC has been a thorn in my side since a drunken night a few years ago when I saw it pump, at a time when the market was relatively boring back in late 2021. Cut to an hour later with me DCA trying to get claw back so I could run away. Over the course of a few months I tried to recover, but it just kept dropping 😂

At a time like this, when some people are just seeing green all day, it's often comforting to hear about others struggles, rather than only hearing the positives. So I am interested to see how other people's experiences have been!

The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-11-16 12:57:09.

The original post: /r/cryptocurrency by /u/KIG45 on 2024-11-16 12:14:25.

The original post: /r/cryptocurrency by /u/yode8 on 2024-11-16 10:52:30.

Hi all, I'm guessing some of you may have seen doges and Itcs recent interactions on twitter/x. I honestly think this is a good move for Itc to generate some needed hype. I do believe in Itc being a better Bitcoin, but its price action has been pretty bad the past couple of years. Despite that it is regularly in the top 20 coins and has remained weirdly stable.

Ltc has seen a little pump over the last month as well. I think sentiment prior to the “meme conversion” was generally positive as LTC is ear marked to be the next coin with an ETF. Hopefully this comes soon and it can rise the wave to a new ath. Thanks

Edit: what I mean by better bitcoin: Technologically bitcoin and litecoin are almost the same. Litecoin has lower fees, higher possible number of total transactions and “bandwidth”, lower confirmation times, MWEB. Ofc btcs price performance has been way better. I just believe ltc can grow to much more than its current value

The original post: /r/cryptocurrency by /u/hiorea on 2024-11-16 10:33:16.

The original post: /r/cryptocurrency by /u/barthib on 2024-11-16 09:37:40.

January 2021. While BTC hits $40k (2× its ATH from 2017), ETH is lagging behind and struggles to keep $1.2k (below its ATH from 2018). The ETHBTC ratio oscillates around 0.03 after a 3.5 year-long slide (from 0.14 in June 2017).

Despair.

April 2021. BTC has approached/hit $60k (3× its previous ATH) several times while ETH seem unable to pass $2.1k (1.5× its previous ATH). The ETHBTC ratio is 0.036 and has been struggling for months to pass 0.04.

Despair.

May 2021. ETH hits $4.4k (3.1× its ATH) while BTC has been unable to pass sustainably $60k for months. The ratio hits 0.08.

Duration of the race between despair and deserved relief: 1 month.

The original post: /r/cryptocurrency by /u/KIG45 on 2024-11-14 16:22:23.

The original post: /r/cryptocurrency by /u/Silver-Maximum9190 on 2024-11-14 14:50:30.

The original post: /r/cryptocurrency by /u/hiorea on 2024-11-14 13:20:30.

The original post: /r/cryptocurrency by /u/goldyluckinblokchain on 2024-11-14 13:18:04.

The original post: /r/cryptocurrency by /u/Abdeliq on 2024-11-14 11:58:39.

The original post: /r/cryptocurrency by /u/semanticweb on 2024-11-14 11:51:55.

The original post: /r/cryptocurrency by /u/hiorea on 2024-11-14 11:36:04.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-11-14 07:44:34.

The original post: /r/cryptocurrency by /u/Every_Hunt_160 on 2024-11-14 07:05:52.

The original post: /r/cryptocurrency by /u/ChemicalAnybody6229 on 2024-11-14 05:54:17.

The original post: /r/cryptocurrency by /u/WineMakerBg on 2024-11-14 03:39:58.

The original post: /r/cryptocurrency by /u/Every_Hunt_160 on 2024-11-14 01:43:02.