The original post: /r/cryptocurrency by /u/KIG45 on 2024-11-12 21:15:44.

The original post: /r/cryptocurrency by /u/DaRunningdead on 2024-11-12 20:10:28.

The original post: /r/cryptocurrency by /u/wgcole01 on 2024-11-12 18:09:03.

The original post: /r/cryptocurrency by /u/MoonWeek on 2024-11-12 17:01:19.

Hello everyone and welcome to Moon Week for round 55 of Moons! For more information about Moons, please see our wiki page here.

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Governance Polls

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• CCIP-102 - Allow memes on r/cryptocurrency again - (Discussion Link)
• CCIP-103 - Reduce karma for link posts from 1x to 0.5x again - (Discussion Link)
• CCIP-104 - Let people post confessions and self stories - (Discussion Link)
• CCIP-105 -Hold giveaways on both X and reddit - (Discussion Link)

You can view the full CCIP list here.

Previous Polls and results

• Partner with Unstoppable Domains - CCIP-099 - r/cryptocurrency to partner with Unstoppable Domains regarding .MOON domains
• DEX+burn - CCIP-100 - How should Moon Merch Profit be handled?
• Passed - CCIP-101 - Advertise moons on the r/cryptocurrency banner when the banner is not rented (Discussion Link)

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The original post: /r/cryptocurrency by /u/Every_Hunt_160 on 2024-11-12 15:44:09.

The original post: /r/cryptocurrency by /u/f00dl3 on 2024-11-12 14:35:55.

Just saying this. Even yesterday when Bitcoin went up to near $90,000 - Grayscale Litecoin ETF was down 35 cents from Friday before. Furthermore, the ETF is now down almost 3% this morning.

The trust appears to have a premium issue too, with people on the r/litecoin group bringing up the fact the premium to NAV is almost 210% right now. So you have a very expensive product coupled with the fact it's down from $46 during the March FOMO peak to $13.99 now. It was also $400 in previous halving cycles.

If you are not shorting the Litecoin Trust you are basically missing out on free money here. It's laughable.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-11-12 14:22:47.

The original post: /r/cryptocurrency by /u/KIG45 on 2024-11-12 14:18:54.

The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-11-13 00:30:02.

The original post: /r/cryptocurrency by /u/CreepToeCurrentSea on 2024-11-13 00:12:41.

The original post: /r/cryptocurrency by /u/CryptoDaily- on 2024-11-13 00:00:36.

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.

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The original post: /r/cryptocurrency by /u/Odd-Radio-8500 on 2024-11-12 23:00:32.

The original post: /r/cryptocurrency by /u/goldyluckinblokchain on 2024-11-12 22:17:50.

The original post: /r/cryptocurrency by /u/partymsl on 2024-11-12 21:41:30.

The original post: /r/cryptocurrency by /u/Hermes_Trismagistus on 2024-11-12 21:13:10.

The original post: /r/cryptocurrency by /u/FuzzyAttitude_ on 2024-11-12 17:24:22.

Obviously, well very obviously it would be exactly 31 days before the bull run ends abruptly and goes again -85% in a week. The idea of timing the market of course is nothing short of ridiculous, and we all know that we want to sell the cringe alts and convert them to BTC when everything goes down, since BTC loses least value and is an absolute beast as we can already see from the charts and the adoption.

So, I'm even having second thoughts right now, I want to unstake everything so I can be ready to sell, December or March 2025 doesn't matter. I don't know about you guys but I won't lose more than 700-800USD from the APY for 4-5 months. Well unless of course the alts absolutely skyrocket, then these 7-8% APY are quite a loss, it may even cost me 2000 USD for 4 months if all the alts go beyond the previous ATH.

What do you guys think and plan about this?

The original post: /r/cryptocurrency by /u/jam-hay on 2024-11-12 16:39:06.

The original post: /r/cryptocurrency by /u/fan_of_hakiksexydays on 2024-11-12 16:31:30.

Everything is gonna pump, but not always what you think should pump the most. It's not always gonna follow tech.

It's not always gonna be about what project could solve the trilemma better, what is more decentralized, what has better smart contracts, etc...

-The most significant factor as we get deeper into a bullrun will be hype and trend, the more the market gets emotional.

We're gonna see some great projects not get much love, and some flawed ones or even meme or shitcoins get more hype.

Bullruns are emotional and work more like Instagram trends than on technical merit. The deeper we get into them, the less they have rhyme or reason.

-Don't fight the trend.

Trends are your friend. Once they carry momentum, it's hard for them to stop.

When the market has its mind set on a narrative or a trend, it's hard to undo that.

-There are times where tech and hype can overlap, if the narrative is right.

In the short run, when you're speculating on just a bullrun, better tech only works if there's some hot hype to go with it. Some bell and whistles, or something that can be marketed easily about that tech that will still catch the interest of the average person who is clueless about tech.

We've seen in past runs how tech like ALGO that was hyped as carbon neutral, Solana for its incredible speed, ADA as based on science, MATIC as something that can make Ethereum faster and cheaper, and many chains like AVAX hyped as "Ethereum killers", had simple digestible concepts to hype them.

Which is not to say that the hype didn't come from actual merit, but from something easily sellable to an average person.

The original post: /r/cryptocurrency by /u/hiorea on 2024-11-12 15:46:33.

The original post: /r/cryptocurrency by /u/Positive-Zucchini158 on 2024-11-12 15:43:52.

The original post: /r/cryptocurrency by /u/hiorea on 2024-10-13 17:25:30.

The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-10-13 17:14:43.

The original post: /r/cryptocurrency by /u/gigabyteIO on 2024-10-13 17:13:59.

The original post: /r/cryptocurrency by /u/sadiq_238 on 2024-10-13 16:24:40.

The original post: /r/cryptocurrency by /u/WineMakerBg on 2024-10-13 16:07:03.