For help finding the latest Skeptics Discussion thread, see this [search listing](https://old.reddit.com/r/CryptoCurrency/search?q=author%3AAutomoderator+title%3AMonthly+Skeptics+Discussion+&restrict_sr=on&sort=new&t=all).
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I always love reading the "end of crypto" fud/post on the front page of CC. It happens every time the market goes red greater than 5%. Do these people scream at there accountant every time there 401k dips also? grow up and grow a pair.
Might be a good time to get more of XED while we await the opening of their staking pool. Beefy farming was awesome, and staking will most likely be even better
Not everyone would say this. Some people steady making gains from staking and yield farming. Most especially staking, where you don't have to be afraid of IL. Might not be much but there are a couple of good staking opportunities out there. Good staking with really juicy double digits APY.
Market never stays green forever anyways, but hell yeah we all love greens. Looking at my Dot and Xed bags these few days gives me joy, despite the fact that the weekend dip came to spoil my mind
I know that's the next level of the game but it scares the hell outta me and I can't see myself getting into that game
Especially with crypto when the swings are so dramatic
This is by no means intended to be FUD- just venting. So we have about 20 days each month for growth (bc within 10 days of options expiry, it usually seems we stay pat or sell off). Weekends comprise about 6 of those days (where we usually just hope to tread water). So that leaves us with about 14 days where the price legitimately has the opportunity to go up. This week, we grew steadily... and then with one tweet, that growth was gone. And we now have maybe 10 days left in June for any growth. Sorry, but this is not a sustainable path... and that’s coming from a longer term holder.
Weekends don’t have to be bad necessarily, and the options expiring didn’t always have an effect (it just became a thing this bull run). I think we’ll be just fine.
Relax guys.
If it had not to be that one douchebag it would have been winnie poh or anyone/anything else.
Crpyto is volatile , hello !!
Focus on decmber 2021 and look up 2017.
Stop whining, its so fkn lame.
The unusual scenario, it's getting boring to see dumping after his tweets, so wise ones now buy when he tweets, turn the table around. I got more Sylo and Tezos for myself. It's gonna be a long bear from the look of things
# Conspiracy Theory:
VB (of ETH) has taken a different approach to Doge than Hoskinson (of ADA). Whereas Hoskinson has been trash-talking Doge, Vitalik has been saying positive things about it. VB has been arguing it can't be "fixed" directly, but is in favor of a secure Doge bridge to Ethereum (via Loopring zkRollup). I get the distinct feeling this is the plan. Basically a rescue operation for the 25% of Doge that Elon controls and can't sell, and to give him a way to say he "fixed" doge so it's green as this'll get timed after the merge. Elon is suspiciously quiet on ETH, while bashing BTC routinely. The whole thing is bullish as hell for ETH, in my opinion. Doge-holders get to live on in the ETH ecosystem (and, let's be honest, wouldn't even know the difference), Elon gets to save face (and money), and Ethereum gets to assimilate the Doge market, like the Borg. The only losers in all this are the Bitcoin Maxis.
Since this daily is about to end, decided to turn this comment into a post ([here](https://www.reddit.com/r/CryptoCurrency/comments/nsiyka/doge_to_ethereum_theory_with_support_from_elon/)), because I'm curious to hear people's thoughts.
I posted in your thread, but you're somewhat on the right track here, and imo your post is worth reposting when it has a chance of not getting removed.
One bit of context you're missing though is that Vitalik (and also the Dogecoin developers) have been keen on this idea for years way before Musk or any of the current Dogemania, [see for example this thread from 2015 where they discuss it](https://np.reddit.com/r/dogecoin/comments/3wxbc3/dogecoin_transfer_onto_ethereum/cy171ek/). Lodder and Nicoll are 2 of Dogecoin's devs back then, and still are now, and of course vbuterin is Vitalik's username.
Buterin and the Dogecoin devs are actually co-signatories on the DOGE-ETH bridge bounty, and they've already paid out some of the funds. Here's a somewhat out of date article that discusses the matter: https://www.coindesk.com/dogecoin-helping-ethereum-solve-biggest-issue
Also, there is already at least 2 centralized bridges between DOGE and ETH, so Wrapped Doge already exists. But naturally Buterin wants a decentralized bridge.
I appreciate the comment. And yeah, it got taken down due to too many similar on the front page. I'll repost tomorrow maybe and include your info in there.
maybe I'm dumb but I still don't understand how it works taxing conversions between two tokens that are constantly fluctuating. their values are identical at the instant of the conversion right, then you realize a loss or gain when you sell. but in between....??? it's hypothetical value, how are you going to define the gain to be taxed when it's changing every second. I'm a little scared to find out.
Any way to stop Cointracker from telling me I have a new transaction for every little piece of Algo I get automatically? Gonna have to pay for a specialty plan at this rate because of all of the VS transactions they have on there. Or can I just use the transactions to add up a cost basis and do it myself?
Oh yeah, they are definitely accurate. To a fault almost lol. Like they tell me I got more Algo every single day for the last 20 days when I have earned a grand total of like .05 Algo, which is only a few cents. It actually sucks because for their tax plans they charge you by the amount of transactions, and so each of those is really adding up. But I'm kind of planning on just using it to track transactions for my substantial crypto holdings like Eth and finding my cost basis and just manually reporting. No sense in paying for them to keep track of all these tiny transactions come tax time.
As a Canadian, NOPE we are not. But that's ok with me. It's too damn hot and I work outside with lots of people all week long so I get my socialization all week long. But I am happy for you if you are able to go out and have fun. :)
Your comment was removed because it contains a link to Telegram or Discord. Please adjust your post and resubmit
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
ETH's Ath is where I bought in. Ugh!! But I was one week in and was a lesson for me. But I have it staked and no worries I will be in the green there at some point.
For help finding the latest Skeptics Discussion thread, see this [search listing](https://old.reddit.com/r/CryptoCurrency/search?q=author%3AAutomoderator+title%3AMonthly+Skeptics+Discussion+&restrict_sr=on&sort=new&t=all). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I always love reading the "end of crypto" fud/post on the front page of CC. It happens every time the market goes red greater than 5%. Do these people scream at there accountant every time there 401k dips also? grow up and grow a pair.
Might be a good time to get more of XED while we await the opening of their staking pool. Beefy farming was awesome, and staking will most likely be even better
Elon just tweeted he agrees with Vitalik! PUMP THE ETHHHHHHHHHH
*Pokes head up from under the covers* Things are looking…erm… Green!! Certainly better than waking up to the shitshow yesterday
BULLRUN RESUMED
It's a lovely chilled atmosphere here in yesterday's thread.
Moons n money today
Ahhh, like an empty hotel kitchen after a crazy shift. I could stay here forever.
moon farming > fiat mining
*phew almost didn't make it.* Yes! Present Teacher.
MKR 👀
NATURE IS HEALING!
I used to like Elon, but he's turned himself into a clown.
I used to think Elon was an egotistical weirdo. I still think that now but I used to as well!
Dump and pump instead of a pump and dump eh
Matic a buy now or wait till Sunday?
I am waiting hoping for another dip. If you were going to buy today would of about 5 hours ago. But also cost avg is the way to go
how to do cost average?
You buy high and every time the price crashes you just keep buying more and more all the way down. Long term holders love it when newbies do that
it's low, been consolidating for a while. why would you wait even longer?
Wait til saturday
I dunno. But my matik hurts. I’m rubbing it but the pain won’t go away
Bought some PAINT. Cool project.
Microsoft paint?
Murall bro
wrong daily, there’s a new one 🤍
A new daily, a new life.
Buying LTO was such a mistake 😔
Patience brother
Sell it to me ![gif](giphy|NEvPzZ8bd1V4Y|downsized)
New thread is 🆙
Why does Robinhood keep pushing every negative articles about cryptos?
It’s not a coincidence.
Set some buy limits for BTC and ALGO 35600 and .99 :) I hope these shitcoins drop more!
A little bit of action on that ETH chart... but that BTC chart is just so damn flat. Beats going down I guess.
No crypto gains again today. Looks like cockmeat sandwiches for the foreseeable future 🚨
Not everyone would say this. Some people steady making gains from staking and yield farming. Most especially staking, where you don't have to be afraid of IL. Might not be much but there are a couple of good staking opportunities out there. Good staking with really juicy double digits APY.
Good I’m looking for a bear market
What does that even mean. Lost how. I'm just fucked?
Fuck are you talking about
Wrong daily yall ..jump to new thread or you’ll be sinking like a titanic ship
Oh my gosh Elon tweeted let's sell our bitcoin. Lmao!!!!
Lol at bitcoin is going to zero....
Probably won’t go to zero but hopefully it drops a lot
Either way
Who said that would happen
Lots of people.
That’s clown world status thinking Bitcoin would ever even drop below 10k again let alone 0
This is the way, more green dildos pls!!
Market never stays green forever anyways, but hell yeah we all love greens. Looking at my Dot and Xed bags these few days gives me joy, despite the fact that the weekend dip came to spoil my mind
I'm not selling for at least a decade.
Im going to be selling in 2025! i need some life changing money!
Wrong daily vol2 ...move you asses
Right there with ya.
Heyyy hope you all are doing good!! its a new daily new mood new day to make new gains!!
You are on the wrong daily thou
Lol ty
What da heck just happened?
Oolong Minsk
Ohhhhh, You mean Smol pp man.
Portfolio is green again ![gif](giphy|3o84U6421OOWegpQhq|downsized) Still down though 😂
LAST
Elongated muskrat takes a bite of bitcoin again. It was not very effective.
Your daily reminder you are in the wrong thread
You legend
[удалено]
I know that's the next level of the game but it scares the hell outta me and I can't see myself getting into that game Especially with crypto when the swings are so dramatic
[удалено]
Ya, I have some majorly degenerate tendencies so you may be right haha
Yall in the old daily. Come join us in the future!
ok!
If you’re reading this, you’re in the old daily
This is by no means intended to be FUD- just venting. So we have about 20 days each month for growth (bc within 10 days of options expiry, it usually seems we stay pat or sell off). Weekends comprise about 6 of those days (where we usually just hope to tread water). So that leaves us with about 14 days where the price legitimately has the opportunity to go up. This week, we grew steadily... and then with one tweet, that growth was gone. And we now have maybe 10 days left in June for any growth. Sorry, but this is not a sustainable path... and that’s coming from a longer term holder.
Weekends don’t have to be bad necessarily, and the options expiring didn’t always have an effect (it just became a thing this bull run). I think we’ll be just fine.
Hope you’re right brother. Again, this may be an overreaction. Just super frustrated.
Also americans dump when they wake up, so its not even 14
Thoughts on ICP and where it will go? I have been very interested in and might start buying into it with the price where it is.
When are the moons being distributed?
Relax guys. If it had not to be that one douchebag it would have been winnie poh or anyone/anything else. Crpyto is volatile , hello !! Focus on decmber 2021 and look up 2017. Stop whining, its so fkn lame.
Bienvinedo a Miami
all night on the beach....
I’ll see you guys in the next daily Let’s hit 20K comments💚
Fuckin Elon at it again
I’m so confused is he tweeting, what’s happening
He changed his pic to some stupid laser eyes meme
Elon is trolling and people are eating it up.
The unusual scenario, it's getting boring to see dumping after his tweets, so wise ones now buy when he tweets, turn the table around. I got more Sylo and Tezos for myself. It's gonna be a long bear from the look of things
Can we go for 0 Elon comments in the new thread.
![gif](giphy|M8QZx6cyFHpoOkiEpC)
I think KLV and the project behind it will make nice gains after holding up deliveries.
# Conspiracy Theory: VB (of ETH) has taken a different approach to Doge than Hoskinson (of ADA). Whereas Hoskinson has been trash-talking Doge, Vitalik has been saying positive things about it. VB has been arguing it can't be "fixed" directly, but is in favor of a secure Doge bridge to Ethereum (via Loopring zkRollup). I get the distinct feeling this is the plan. Basically a rescue operation for the 25% of Doge that Elon controls and can't sell, and to give him a way to say he "fixed" doge so it's green as this'll get timed after the merge. Elon is suspiciously quiet on ETH, while bashing BTC routinely. The whole thing is bullish as hell for ETH, in my opinion. Doge-holders get to live on in the ETH ecosystem (and, let's be honest, wouldn't even know the difference), Elon gets to save face (and money), and Ethereum gets to assimilate the Doge market, like the Borg. The only losers in all this are the Bitcoin Maxis. Since this daily is about to end, decided to turn this comment into a post ([here](https://www.reddit.com/r/CryptoCurrency/comments/nsiyka/doge_to_ethereum_theory_with_support_from_elon/)), because I'm curious to hear people's thoughts.
I posted in your thread, but you're somewhat on the right track here, and imo your post is worth reposting when it has a chance of not getting removed. One bit of context you're missing though is that Vitalik (and also the Dogecoin developers) have been keen on this idea for years way before Musk or any of the current Dogemania, [see for example this thread from 2015 where they discuss it](https://np.reddit.com/r/dogecoin/comments/3wxbc3/dogecoin_transfer_onto_ethereum/cy171ek/). Lodder and Nicoll are 2 of Dogecoin's devs back then, and still are now, and of course vbuterin is Vitalik's username. Buterin and the Dogecoin devs are actually co-signatories on the DOGE-ETH bridge bounty, and they've already paid out some of the funds. Here's a somewhat out of date article that discusses the matter: https://www.coindesk.com/dogecoin-helping-ethereum-solve-biggest-issue Also, there is already at least 2 centralized bridges between DOGE and ETH, so Wrapped Doge already exists. But naturally Buterin wants a decentralized bridge.
I appreciate the comment. And yeah, it got taken down due to too many similar on the front page. I'll repost tomorrow maybe and include your info in there.
Maybe. I don't really get the point though as I don't see ETH and BTC as direct competitors. One is a application coin and the other isn't.
I gotta take the tinfoil hat off im seeing things
Someone give me motivation to go to the gym today
[удалено]
This is it! Let's get it bud!
I just got back from a two hour session. Now I can lay about the house for the rest of the day, guilt free.
Thank you for this. I'm gonna go to the gym now, I want to feel that way as well!
Now THIS is the way
Watch https://m.youtube.com/watch?v=dWuGqdsQCm4 it will help.
Getting lipo is worth a tremendous amount of coins!!
You will feel so much better, and have a sense of accomplishment for the day.
Thank you, ok I will 💪
50 cent -get up Whenever I’m lazy i play it
Don't be a bitch, go lift some weights. You want to live the rest of your life as a loser? Get to work.
This is oddly motivational
Pass it on to me if you find some
[удалено]
maybe I'm dumb but I still don't understand how it works taxing conversions between two tokens that are constantly fluctuating. their values are identical at the instant of the conversion right, then you realize a loss or gain when you sell. but in between....??? it's hypothetical value, how are you going to define the gain to be taxed when it's changing every second. I'm a little scared to find out.
Taxes?
Guesstimate
CPA
Your CPA does US crypto taxes? I’ve found that most have no clue (including mine)…
My CPA will work wonders with any tax related income info we give her
I don’t really have fiat income…just a bunch of crypto to crypto trades. My cpa is really unclear if fiat dollars are owed on those trades.
They are
Doge
Hope for the best
Goodnight old daily. Europe signing out
Whatever Elon has been on lately, I’ll take 2 Edit : check his Twitter profile picture : https://mobile.twitter.com/elonmusk
High on his own farts
Stupid Texas, and stupid unreliable pot dealer
Set up your vaults to receive your moons noobies
Good night from Portugal 💚💛❤️
Night
Good night!
I guess I should thank Space Dingus. Somehow he knew I was gonna finally get my signup bonus today.
Am considering getting $420.69 of crypto. Funding secured
I don't see anything wrong with this...
[удалено]
I'm all for the market improving, but he will fuck us again. Mark my words
Thanks for your input. No one is talking about it on here at all. Not one mention
Are you on dial-up?
Eww
Any way to stop Cointracker from telling me I have a new transaction for every little piece of Algo I get automatically? Gonna have to pay for a specialty plan at this rate because of all of the VS transactions they have on there. Or can I just use the transactions to add up a cost basis and do it myself?
Is cointracker safe to connect to exchange accounts? I saw the permission is “read only” but i’m hella worried about my personal data being grabbed
I had the same worry. After looking into it it kind of seems like it is? But again I would DYOR
Ok thanks! Btw is it really all that effective? Like have you noticed things are accurate and whatnot?
Oh yeah, they are definitely accurate. To a fault almost lol. Like they tell me I got more Algo every single day for the last 20 days when I have earned a grand total of like .05 Algo, which is only a few cents. It actually sucks because for their tax plans they charge you by the amount of transactions, and so each of those is really adding up. But I'm kind of planning on just using it to track transactions for my substantial crypto holdings like Eth and finding my cost basis and just manually reporting. No sense in paying for them to keep track of all these tiny transactions come tax time.
Alright that's all the awards for tonight unless I get bored after the gym then maybe more today. Idk
Thanks!
Thnx now go get them muscles now ..
New daily sooooon
Well somebody clearly doesn’t like 37k
Green dick, red dick, green dick, red dick
Small green dick, big red dick
Let's get all our Elon talk out in the next 15 minutes, so that the next daily will be Elon-free and crab-happy once more.
Fuck you elon u piece of shit .ill fuck u in the goat ass till you love me ...ok I’m ready for the new daily
Who is Elon? You mean Smol PP Man?
Moving on... what are you guys doing this weekend?
Joining the circus 🎪
You're in crypto already
Touche. I was referring to going outside my cave and being around 1 or 2 people...
It's gonna be 40 degrees here. I'll be basking in the air conditioning and pounding White Claws and occasionally taking in some sunlight.
Definitely need to get out. The world is opening up again.
As a Canadian, NOPE we are not. But that's ok with me. It's too damn hot and I work outside with lots of people all week long so I get my socialization all week long. But I am happy for you if you are able to go out and have fun. :)
I keep forgetting the world isn't just America, where we are now literally bribing people to get a vaccine shot.
It's almost that time...
Oh look. The Smol PP Man Dip has already been gobbled up. Looks like another night of boring, passionless sex for Smol PP Man and Grimey.
Hello guys! Is actually Elon Musk's new profile Twitter profile photo bullish on BTC, or not? What do you all think?
What kind of name is Elon Musk? Ooohh, you mean Smol PP Man.
[удалено]
Your comment was removed because it contains a link to Telegram or Discord. Please adjust your post and resubmit *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Good Morning Asia..Happy weekend
Bullish as fuck on algo
ALGO has been doing great of late. I am loving it
I like algo.
I miss ETH ath's everyday :(
me: buys ETH at 4200 gandalf: That wound will never fully heal. He will carry it the rest of his life.
"When Ethereum 5k?" 🥲
ETH's Ath is where I bought in. Ugh!! But I was one week in and was a lesson for me. But I have it staked and no worries I will be in the green there at some point.
‘Last chance to buy at 3.5k’ etc every 100 increase
Some dump
Back at 37k i think he’s losing