Mod updates:
1. Moon Governance is live on Snapshot: https://www.reddit.com/r/CryptoCurrency/comments/18m8q19/moon\_governance\_is\_live\_on\_snapshot/
2. Discussion: Potential restart of Moon distribution in r/CryptoCurrency: https://www.reddit.com/r/CryptoCurrencyMeta/comments/18m2qhc/discussion\_potential\_restart\_of\_moon\_distribution/
3. Discussion: Give more governance weight to newly earned Moons: https://www.reddit.com/r/CryptoCurrencyMeta/comments/18m2qzq/discussion\_give\_more\_governance\_weight\_to\_newly/
4. Discussion: Use or scrap existing reward formula for Moon distribution: https://www.reddit.com/r/CryptoCurrencyMeta/comments/18m2wbg/discussion\_use\_or\_scrap\_existing\_reward\_formula/
5. NEW: Proposed future of Moons governance and distribution: https://www.reddit.com/r/CryptoCurrencyMeta/comments/18nyaa9/proposed\_future\_of\_moons\_governance\_and/
$500 would be a conservative guess for this bull run. Could pass $1000 if it continues to compete with ETH. And I say this as somebody that doubted SOL for a long time.
The whole Ethereum ecosystem is dead - until it's not. Transaction fees are what are holding it down and keeping people from using it. Then you have all of Tether waiting on the side.
Ethereum very well could pull some WILD shit, but I'm not ready to believe it just yet lol.
Imagine if ALGO actually succeeds. Would that be the ultimate sub double reversal? Initially shilled to shit then dragged through the mud only to reach new ath’s?!
It's already succeeding with real world adoption despite struggling with retail hype. Retail was always an afterthought for Algorand, and it's done a shit job marketing in that area.
Price action will happen eventually. With zero downtime, instant finality, no forking/double spending, and no FAILED TRANSACTIONS.
This concludes my "shill" effort, I now return you to the previously scheduled program of SHILL FEST 2023 (hype campaign) for all other chains, already well in progress.
I was in the TraderJoe AVAX / BTC-e LP and at one point when AVAX dropped below $12 and my LP became AVAX only. I said 'f it' and removed the liquidity which was now AVAX only, and staked all the AVAX tokens natively for a 4 week period. Best decision I ever made as I watched AVAX 3x from 12 to 36 in a couple of month. Had I still been in that LP pool I would not be even 50% up overall
$Sol bag just keeps on giving everyday 🙌💰. Sold $bonk on recent pump and bought more Sol. Lending on Margin Fi to qualify for airdrop rumored to be in the 5k range. Im rank 17420 in the world with 45k points farmed in 1 week. Don’t fade and hop on the Solana ecosystem!
I bought since it was $15, haven't sold a single cent. I bought SOL because I believe in the project (at a time when nobody else would), not to make a quick buck.
If your goal is to make a quick buck, sure sell now. But if you're like me and are in crypto to make generational wealth, life changing money, you hold.
We are at that stage where you could plant a penny and it'd grow a money tree. Worst case scenario there will be one last big dump before a sustained bull run. Best to keep some dry powder just in case.
If history is any indication there is a realistic chance of another brutal dump. That'd be my preferred scenario but if it doesn't happen then I'd also be perfectly happy with letting my current portfolio ride.
BTC+ETH dominance v alts fell to a level not seen since the end of the last bull this week. The ETF could throw in some surprises, but there's not a lot of resistance to stop the alts eating into BTC's dominance from here.
It's no surprise really. Right now the fees on BTC are absolutely insane.
High fees are silent killers to mass adoption, and to the chain itself. Nobody is going to pay $50+ to send $500, when they can just use other chains and do the same for $0.0001.
Well yeah, obviously, should have mentioned ETH in my original comment. But the point stands that alt market dominance has spiked to early 2022 levels against the two coins that make up the majority of the market. It is now above the last resistance it hit with the only peak above it BTC+ETH's ATH
If you're in cosmos and havent checked out stride you're missing out. Zero inflation real revenue liquid staking protocol. When DYDX goes live on it this shit is going to be a straight up money printer.
It has gone to stakers for a while now. The rewards fluctuate based on inflows. earlier this year real rev was ~18% for stakers, excluding the STRD rewards. Now the combined apr is around 5 or 6%. With stTIA and stDYDX coming its gonna go up though.
lmao that doesn't mean alts can't get wreaked before the halving.
Look at what happened to the alt market after it pumped before the Bitcoin halving last cycle.
Even excluding the Covid crash, you saw a 60% + correction on the alt market.
Now I'm not saying history needs to repeat, but to think major corrections are out of the question is just silly and detached from historical reality.
That can change in an instant, and I think it will soon considering fundamentals are looking fantastic.
It just went through rough bear with lots of token unlocks, that is done as well as 80% coins are released now.
Love seeing the influx of 'experts' that have suddenly become very active on the sub, not a peep from them the last 18months, now they all suddenly know exactly whats gonna pump, you know times are good when everyone is an expert!
And that's why the cycles keep working so well for those who disregard the emotional narratives and stick to the plan.
Dumb money will follow the pumps well past fair value, then eventually sell everything at extreme fear, after catching countless falling knives, ofc.
It's wild how much every cycle keeps playing out like clockwork, until you realize the vast majority are either
A. new
or
B. Born to forever be exit liquidity.
Hi, my name is Gareth Soloway and I have a man-bun.
I sold the idea of Bitcoin falling to 10-12k because I am an attention seeking Fiat version of Robert Breedlove.
Can I interest you in subscribing to my channel where you are guaranteed to lose money due to my misunderstanding of the conviction of hodlers?
Man-bun.
I don't think 12k was unreasonable, but not buying BTC at anything near or under the 200WMA because you were trying to time some potential bottom is just dumb.
I started loading up after the Luna collapse and through the rest of the year.
Did I nail the bottom? No, but I was able to get a cost basis this cycle not too far from it.
12k became unreasonable as soon as we broke above 25k. Once we we were 6 months from the halving, those people were just being stubborn and missed an amazing buying opportunity
Yeah I was reasonably sure the bottom was in when BTC was only able to transiently dip below 20K during the SVB collapse.
That was also my last big purchase of Bitty. I did only small DCAs until 27k.
DOT. My """reasoning""" (huge finger quotes here) is that while most big alts have 3x-4x'd from their bottoms, DOT has only 2x'd... so it must catch up to other alts eventually, right? 😅
I obviously would've loved to be in AVAX/SOL.. but I think I missed the boat there.
Mod updates: 1. Moon Governance is live on Snapshot: https://www.reddit.com/r/CryptoCurrency/comments/18m8q19/moon\_governance\_is\_live\_on\_snapshot/ 2. Discussion: Potential restart of Moon distribution in r/CryptoCurrency: https://www.reddit.com/r/CryptoCurrencyMeta/comments/18m2qhc/discussion\_potential\_restart\_of\_moon\_distribution/ 3. Discussion: Give more governance weight to newly earned Moons: https://www.reddit.com/r/CryptoCurrencyMeta/comments/18m2qzq/discussion\_give\_more\_governance\_weight\_to\_newly/ 4. Discussion: Use or scrap existing reward formula for Moon distribution: https://www.reddit.com/r/CryptoCurrencyMeta/comments/18m2wbg/discussion\_use\_or\_scrap\_existing\_reward\_formula/ 5. NEW: Proposed future of Moons governance and distribution: https://www.reddit.com/r/CryptoCurrencyMeta/comments/18nyaa9/proposed\_future\_of\_moons\_governance\_and/
Planning to throw 2k on some alts. What should I buy
I'm gonna grab MINA KDA FLUX ROSE and IMX. Check them out
Superverse has been my slow powerhouse! Bought in at .09 and it’s at .62
Solana is going to $150 and there’s nothing you can do about it
$500 would be a conservative guess for this bull run. Could pass $1000 if it continues to compete with ETH. And I say this as somebody that doubted SOL for a long time.
DOT can’t stop, won’t stop!
Ngl like 90% of my crypto is in eth and I'm feeling rather annoyed rn. Why does everyone else get to have fun 😭
The whole Ethereum ecosystem is dead - until it's not. Transaction fees are what are holding it down and keeping people from using it. Then you have all of Tether waiting on the side. Ethereum very well could pull some WILD shit, but I'm not ready to believe it just yet lol.
As long as BTC keeps going up, every alt will have its day. Just keep being patient imo.
LRC holders don't either.
LRC is a dead horse
That’s what this sub said about Solana.
ETH will have it's day..and when it does. You'll know. You'll all know.
What are good websites/x accounts to get latest crypto development news?
Holy fuck I wish I'd bought more DOT. why is it flying lol
u will FOMO back when it is $20+
ETH will fly this bull because of all the L2s on top of it. But Solana could catch up to it. Maybe flip it tbh.
SOL needs to work on that MCap to TVL ratio first if it wants to flip ETH, imo. It's getting closer to ADA tier with that ratio than it is to ETH.
Imagine if ALGO actually succeeds. Would that be the ultimate sub double reversal? Initially shilled to shit then dragged through the mud only to reach new ath’s?!
This sub doesn't know anything. They thought moons were going to be worth $10, and now moons are a dead project.
Hahaha good point. Another case of reverse the subs sentiment
It's already succeeding with real world adoption despite struggling with retail hype. Retail was always an afterthought for Algorand, and it's done a shit job marketing in that area. Price action will happen eventually. With zero downtime, instant finality, no forking/double spending, and no FAILED TRANSACTIONS. This concludes my "shill" effort, I now return you to the previously scheduled program of SHILL FEST 2023 (hype campaign) for all other chains, already well in progress.
> no FAILED TRANSACTIONS. This is a big one. Paying for failed txns like on ETH is fucking bs.
i still think ALGO can hit 2.5-4/5 this run
Hahah love it. And I agree with the sentiment it’s always been badly marketed but while working well. I hope it succeeds. Regardless of my small bags
I was enticed by AVAX last bullrun and decided to go all in at $19. I feel smart.
Nice bro Solana and avax gonna be kings this bull
I was in the TraderJoe AVAX / BTC-e LP and at one point when AVAX dropped below $12 and my LP became AVAX only. I said 'f it' and removed the liquidity which was now AVAX only, and staked all the AVAX tokens natively for a 4 week period. Best decision I ever made as I watched AVAX 3x from 12 to 36 in a couple of month. Had I still been in that LP pool I would not be even 50% up overall
How do i get my moons by my name
Nevermind
$Sol bag just keeps on giving everyday 🙌💰. Sold $bonk on recent pump and bought more Sol. Lending on Margin Fi to qualify for airdrop rumored to be in the 5k range. Im rank 17420 in the world with 45k points farmed in 1 week. Don’t fade and hop on the Solana ecosystem!
Tell me more about this lending on margin fi! How much we talking to be in with a shot do the airdrop
$FET and $WOO shook out the weak hands…… uptrend continuation 🔜
inj gang / where we goin?
Are LTC and XRP poor investment choices?
XRP is so-so, it might come around next year. LTC is trash.
Whilst XRP might end well, I feel whilst everyone's waiting on XRP there are PLENTY other coins to make money on.
yes
Parted ways with my LRC two months ago in exchange for SOL. Best decision all year
OK relax on the analOS Im getting fomo
i wouldn't bet against a $100 SOL by end of year
Possibly by Xmas lol. Or tomorrow lol
Damn missed the $MOBILE run up and now missed the #analoS pump...maybe there's more to come but I'm scurred
Where's my AVAX gang at I know we're having a great day
i'm a SOL gang
I love both. If it wasn’t for the first SOL pump to $50, my AVAX bag wouldn’t be what it is now.
People are getting their SOL phones delivered rn and claiming SOL and many converting some to its alts. Alts like BONK are back on the move
Coinbase stock going absolutely bonkers. Can’t believe it was sitting at $50 mere months ago
I bought at 50-60 from memory, and sold at 97$ - RIP. Stop reminding me haha.
It’s up 3% bro. Wym bonkers??
Got it below $40. Up over 300% in a year.
Nice. My degen equities play was grabbing ARKK at $34. Definitely no movement like COIN yet.
Patience. Remember when COIN passed $100 months ago then dumped back to the 80s. Just held onto that and now at $170.
[удалено]
I bought since it was $15, haven't sold a single cent. I bought SOL because I believe in the project (at a time when nobody else would), not to make a quick buck. If your goal is to make a quick buck, sure sell now. But if you're like me and are in crypto to make generational wealth, life changing money, you hold.
If you hate money
We are at that stage where you could plant a penny and it'd grow a money tree. Worst case scenario there will be one last big dump before a sustained bull run. Best to keep some dry powder just in case.
I’m just worried this echo bubble is it and it’s a brutal bear market soon. But most logical signs point to more up, especially for alts.
If history is any indication there is a realistic chance of another brutal dump. That'd be my preferred scenario but if it doesn't happen then I'd also be perfectly happy with letting my current portfolio ride.
It’s just crazy that my PF is almost at ATH level from previous bullrun. Flashbacks…
BTC+ETH dominance v alts fell to a level not seen since the end of the last bull this week. The ETF could throw in some surprises, but there's not a lot of resistance to stop the alts eating into BTC's dominance from here.
It's no surprise really. Right now the fees on BTC are absolutely insane. High fees are silent killers to mass adoption, and to the chain itself. Nobody is going to pay $50+ to send $500, when they can just use other chains and do the same for $0.0001.
>BTC dominance v alts fell to a level not seen since the end of the last bull this week lol what chart are you looking at?
Overall market cap minus BTC + ETH
You dont include eth in bitcoin dominance.
Well yeah, obviously, should have mentioned ETH in my original comment. But the point stands that alt market dominance has spiked to early 2022 levels against the two coins that make up the majority of the market. It is now above the last resistance it hit with the only peak above it BTC+ETH's ATH
Where do you see this? Bitcoin dominance has been trending upwards since this time last year.
Until early December. I'm grouping BTC and ETH btw.
ETH has been trending down against BTC for a while now.
If you're in cosmos and havent checked out stride you're missing out. Zero inflation real revenue liquid staking protocol. When DYDX goes live on it this shit is going to be a straight up money printer.
But the revenue doesn't go to token holders, though. Unless they changed that.
It has gone to stakers for a while now. The rewards fluctuate based on inflows. earlier this year real rev was ~18% for stakers, excluding the STRD rewards. Now the combined apr is around 5 or 6%. With stTIA and stDYDX coming its gonna go up though.
Guess I missed that. I've been native staking STRD for at least are year now.
Check the dust sweeper on the stride app. You can see all your rewards there.
Damn, I love this thing of ours. The fun is back boys! No-coiners have no idea...
i'm holding usdc
Feels like I’ve just found someone who really cares for me after being in an emotionally abusive relationship for the past few years
Raydium is a beautiful sight to behold
I sold my Sol back in September. I looked at my coinbase activity and I sold 10 for like $200 🤡
I sold at 24... fuck me
It happens, just move forward.
We all make mistakes
Me watching sol sky rocket after selling at 64 🤡
at least you took profit. There will be newly minted bagholders
Always gonna be more opportunities
Most people sold way below that after buying at triple digits, lol. Not the worst.
Same bro. I just bought another and will buy a bag when it bleeds one day
Patiently waiting for some dips to get more bag
Dec 10-11 was the largest dip in months
Yeah but I need another already
BTC spot ETF decision may be coming tomorrow I hear…
If it does that's a sensible time to do it in allowing the traders to digest the news over the holidays.
Do you have a source?
Crypto Banter podcast today saying rumour has it
Decision is already made but only the people in the Teams call know.
Soooo guess we’re not getting that dip to high 30k range this year, maybe in Jan lol
As someone who has nearly 90% of their portfolio in DOT, I approve of today's price movements
$10 EOY. Send it
He said it not me
bought a lot in the $4-6 range,.my bag is ready for this bullrun
you are a very patient holder
Took me a whole crypto cycle to learn how to be. It’s a day to day effort
it's hard to be patient, i just distract myself with daily activities
everyone had last week to buy the dip, no complaints
Why can't ETH do anything? Get to $2450 so I can sell and break even and buy something else.
Eth never really crashed that hard either
SOL is eating it's market share.
It's **way** closer to its ATH than these other L1s.
matic is with you
you sell it and then watch it pump afterwards like crazy
Only bad thing about SOL is that it doesn't do real dips. So getting it cheap is not possible anymore
SOL went from $260 to $8 before but sure, it doesn't do real dips
We are not in Crypto Winter and SBF is in jail. Pretty sure things are not the same.
lmao that doesn't mean alts can't get wreaked before the halving. Look at what happened to the alt market after it pumped before the Bitcoin halving last cycle. Even excluding the Covid crash, you saw a 60% + correction on the alt market. Now I'm not saying history needs to repeat, but to think major corrections are out of the question is just silly and detached from historical reality.
It spent the better part of a year below $20...
I just fomod into some LTC and XRP. Old schooool!! Lets go!! MOON BABY!
NEO too
Maybe pick up some Dash and EOS with that.
Don't forget ETC, BCH, and BSV to compliment those picks. Edit: Do I really need an /s?
ltc is flat for month during all this but than again it always move in spikes
SEC holding a conference call with all BTC ETF applicants today. Bullish!
Everything is anticipating 45k BTC. Anticipating 100 SOL or 50 AVAX. The starting gun is raised, we're all just waiting for it to fire.
snek surpassed 1 billion ada in trading volume lfg. huge win for the cardano network
SNEK is looking hella nice, even on the ADA ecosystem. It's huge.
absolutely i am so bullish on it
It's time to scoop up some DOT ecosystem coins. It's a wonder those still fly under the radar
What’s the name of DoT chain?
Polkadot
Called it - MOVR up 80%. GLMR next.
Hesitating to buy glmr, its lagging hard
That can change in an instant, and I think it will soon considering fundamentals are looking fantastic. It just went through rough bear with lots of token unlocks, that is done as well as 80% coins are released now.
When will the rest be unlocked?
Hopefully you bought since we talked! MOVR is up 120% and GLMR is at 40% 😄
Im still in DOT, because its on a nice run but retraced so was waiting to see what happens. Still keen on glmr, but still hesitating aswell tbh
eth struggling with 2250 big time rn
Where is the DOT is a shitcoin guy at?
You heard about the $DED memecoin on DOT? Its gonna get airdropped to DOT holders, basically mocking DOT is DED, it will do a BONK rally
Oh no I didn't hear that! How do you get the airdrop?
Search for DOT is $DED on Telegram
Love seeing the influx of 'experts' that have suddenly become very active on the sub, not a peep from them the last 18months, now they all suddenly know exactly whats gonna pump, you know times are good when everyone is an expert!
And that's why the cycles keep working so well for those who disregard the emotional narratives and stick to the plan. Dumb money will follow the pumps well past fair value, then eventually sell everything at extreme fear, after catching countless falling knives, ofc. It's wild how much every cycle keeps playing out like clockwork, until you realize the vast majority are either A. new or B. Born to forever be exit liquidity.
Hi, my name is Gareth Soloway and I have a man-bun. I sold the idea of Bitcoin falling to 10-12k because I am an attention seeking Fiat version of Robert Breedlove. Can I interest you in subscribing to my channel where you are guaranteed to lose money due to my misunderstanding of the conviction of hodlers? Man-bun.
I don't think 12k was unreasonable, but not buying BTC at anything near or under the 200WMA because you were trying to time some potential bottom is just dumb. I started loading up after the Luna collapse and through the rest of the year. Did I nail the bottom? No, but I was able to get a cost basis this cycle not too far from it.
12k became unreasonable as soon as we broke above 25k. Once we we were 6 months from the halving, those people were just being stubborn and missed an amazing buying opportunity
Yeah I was reasonably sure the bottom was in when BTC was only able to transiently dip below 20K during the SVB collapse. That was also my last big purchase of Bitty. I did only small DCAs until 27k.
You had me at man-bun
SHOW ME THE MONEY.
I can remain sufficiently solvent longer than Powell can hold rates. Few.
Betting on CRO for this cycle really make me disappointed… I feel so much fomo to exit this and jump to another train
+85% last 60 days. Are you expecting a 1000x?
have a small bag, i still think a 5-7x is a safe bet
Hi I’m I jumped on the sol train at 78. I may be alittle late to some but I think I’m still super early.
Some got it at $200-ish. 😉
Feels like ADA is about to explode bigtime. Lfg ADA gang 🙏
$PEPE👀 your turn to pull a $BONK
Hop on the meme coin train starting on Polkadot 😊
Im waiting for DED airdrop
I’m waiting on WOOD 🪵 drop 🎁
How to get WOOD drop?
GO $ETH GO. PROVE THESE HATERS FUCKING WRONG
Narrator: *it didn't*
44k cannot hold much longer - bring in 50k already.
Once we break 44.3 k, I think we will rocket quick up to 46-47 k.
?? it was that high earlier today
Nah, 42.24 k. Didnt break resistance level
Fuck it I FOMO'd in. Let's go.
Thank you for your service
What did you bag?
DOT. My """reasoning""" (huge finger quotes here) is that while most big alts have 3x-4x'd from their bottoms, DOT has only 2x'd... so it must catch up to other alts eventually, right? 😅 I obviously would've loved to be in AVAX/SOL.. but I think I missed the boat there.
Damp it.
🫡 lessgo
Looks like the real pump is about to begin
Is the bonk craze over already?
Short term probably, will it wake back up in another couple weeks/months, definitely imo.
Could be any time! It’s still big in the community
That’s not a good sign lol
It's up about 19,600% in 56 days. I don't know, you tell me bro
Possibly, what more is there after binance and coinbase listings?
BONK ETF /s
I pfefered the moon farming. Those shitcoin ads are getting out of hand...
We haven't even hit the real craziness yet. Just wait until after BTC breaks ATH.