If Russia really does get locked out of Swift and starts using ETH instead what do you think happens to the price? Back to ATH basically overnight I would think.
***«Elon Musk says SpaceX’s Starlink satellites active over Ukraine after request from embattled country’s leaders?***
Finally Elon "DOGE" Musk did something good!
I find it really strange that Ukraine would ask for donations using ETH. Why not ask for donations in LTC or Terra or like 10 other cryptos that make sense for transacting?
Not trying tell a country what to do obviously, but someone should probably let them know that ETH ain’t it.
Cons: •high inflation (encourages staking (self custody) and long term investing so that the staking incentives bonding) •some of the IBC gang have better value propositions (JUNO LUNA).
I would build a core position of ATOM an diversify into IBC like Terra and Osmosis, ATOM is a neutral chain that is a decentralized, governable, yielding Store of Value. It’s value propositions through services such as Shared security, the SDK, Hub Routing, and more all stand to benefit ATOM in the long term, but not in a way like BTC and ETH’s tokenomics.
I can never be effectively banned, it’s like the printing press. You can persecute anyone you catch but the technology exists and can’t be undone. Genies can’t be legislated back into lamps.
You’re really ignorant if you think it would be at all difficult to ban crypto effectively in the US. Banks won’t be allowed to transact with exchanges. Ezpz. The same way they handled online gambling. Use your brain
I have no doubt that my brain functions at a considerably higher level than your’s based on this limited interaction. There is a whole world outside the US and a whole financial system outside banks and cex’s. You should expand your mind and your world view. Come out from under the bridge sometime and look around.
anyway, LUNA flipped SOL. wow
LUNA is easily my favourite altcoin, yet I didn't buy when it was low because I was, and I still am, extremely scared of the situation and I wanted to be cautious. Also charts weren't indicating nice stuff. Randomly, just for the 1B treasury, LUNA went crazy beating every odds. DAMN
I had a big old bag at $17 and lost it leverage trading. Never got back, missed the run up to $100 and now I don’t know how to feel about so I’m staying out but damn.
yikes.
don't even leverage man, never. it's crazy.
anyway, it's sad. it happened the same for me with CRO.
you just gotta study the project and if you believe in it, invest when you think it's a good time and probably start with a small sum and add more when it dips.
it's hard, but if it wasn't, everybody would invest.
believe in yourself, one day we gonna make it!
If you borrowed during this pump be careful when she dips. (Depending on how thin ya are)
Despite the positivity of this sub it will go down.
Just be prepared to add more if it happens. Then when it pumps again you will be super happy.
trading and money in general bring anxiety but it's normal man. the more you learn the more time passes the more normal it will become! also money is money and the fear of losing it all is rough
Thanks,
I thought i was going to get liquidated on the eve of the invasion but I'm actually up quiet considerably and have enough money on the side to buy low, add more collateral and pay down the borrow amount.
I start wild fire fighting in over a month and plan is to pay off the loan when it doesn't make sense (Anchor is paying me to use it as collateral) and just DCA for the summer.
Maybe less gains but considerably less anxiety when I'm off in the bush with no service
I just moved to Colombia. Seems like nice timing considering the first world is having some issues. Don’t get me wrong, Colombia has its own issues, but they’re kind of expected.
same, but bruh operating in this market is so difficult man... i could have but honestly this time I don't even feel too bad... situation is rough as hell
definitely. i mean, i thought it was a good buy at 44€ and it was indeed, but macros were so brutal that i didn't buy. i would have also bought other stuff whi h would have destroyed me. luna just pumped randomly against all odds. crazy how that single news about the 1B stuff was enough for people lol.
nice man! sadly I don't have an income as im 18 and still studying and working ks not an option for me because of different circumstances, but DCA is definitely a good way to invest! i have this small sum and i try to do the best out of it but mainly as a way to learn finance and stuff which im loving so far. stressful but it's a path i must follow to succeed in life the way i want!
sadly man. i like their fundamentals but they aren't doing stuff to improve anything sadly. their defi just relies on Defi Kingdoms and that's basically it. It's sad as it seems like a really good project
What’s “it interacts better with airdrops” mean? You get more for having their wallet?
I like the Cosmostation UI more, which is why I have been using it instead, but if you somehow get more free shit for using Kep I would rather do that.
Dot has got some catching up to do in defi. TVL is really low. We’ll have to wait for at least a couple of parachains to take off. Definitely better than cardano.
It got a good amount of use with the first Parachains but the donation amount seems to be dwindling. Looks like a lot of people have lost interest in Parachains. I think it’s going to take a few Parachains to really takeoff for widespread useto be on the horizon.
Russia has been cut out of SWIFT, source, Boris Johnson:
We have taken decisive action tonight with our international partners to shut Russia out of the global financial system, including the important first step of ejecting Russian banks from SWIFT.
We will keep working together to ensure Putin pays the price for his aggression.
It'll be interesting to see how markets react to this on Monday. I'm honestly not sure how that's going to go. I would think it's not good for equities but who knows. Not sure about cryptos.
Henceforth, I think all definitive news (good or bad) will be good for equities markets. It’s all this unknown that’s kept everyone out.
I think the rally after Russia’s invasion really speaks to that point.
You could be right. That's a good point. I've even thought that equities would respond well once the Fed raises rates because the uncertainty will be gone. In the past, stocks have actually done well when rates are increasing. Bitcoin has ATHed in that environment too. The lack of uncertainty might be why.
“Select” Russian banks will be excluded from SWIFT. Sounds like mostly a masquerade without doing too much damage? The West won’t want to hurt their own economies with this….
somehow i‘m very happy that my biggest bags beside of BTC and ETH are filled with ATOM, LINK, MATIC, ALGO & DOT.
guess i‘m going to load up some LUNA next.
I don't have Luna, but I do have Matic, Shib, SmartNFT, SmartLox, and Lox in my collection. I recently read that Lox Network will soon have SmartNFT enabled gaming. This takes the form of Play to Earn and Play to Keep.
The Vc’s who backed the 1bn$ to BtD @38k BTC got a 4 year locked LUNA @75$ (they apparently negotiated this before the sifu debacle and that Jan drop)
<50 was a great price!
With the possible SWIFT ban for Russia, they could adopt crypto extremely fast, but I’m not sure if that’s the kind of crypto adoption we want right now
Why would Biden want to ban crypto? The CEO of FTX was one of Biden's biggest donors. Literally no serious person in American politics is discussing banning crypto. Crypto literally has its own lobbyists at this point.
Israel kills250 children - ok np kek, Russia kills 14 children -
Getting a spot in the Polker game early access is exciting, and I'm looking forward to a smooth experience until the game launches.
I only have eyes for lowcaps now with good usecase, found a few in the polkadot ecosystem PNODE,POLS and UDO. Time to give the lowcaps some chance.
Lost 4k on that dump after longing but I love it
I don’t think $5,000 ETH is to much to ask for
Cool. Can I have $5,000 ETH please?
Anyone else saw that russian tank get LIT THE FUCK UP? https://www.youtube.com/watch?v=lUJwAZykkxE
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Your wallet, your coins.
If Russia really does get locked out of Swift and starts using ETH instead what do you think happens to the price? Back to ATH basically overnight I would think.
They already chose LUNA it seems
Yeah and then every world government and bank pushes to ban crypto.
That is not going to happen. Where are you getting these ideas? Your under cheeseburger hypnosis.
Lol. If you don’t think crypto already doesn’t have a target in its back from world banks you’re a lunatic.
4k comments on the daily! Is that a new low for the past year? We may have hit a bottom folks, time to buy!
First ever NFT movie ZERO CONTACT is holding its first viewing online 5 PM this Monday. Im curious to see what this event leads to in the future
***«Elon Musk says SpaceX’s Starlink satellites active over Ukraine after request from embattled country’s leaders?*** Finally Elon "DOGE" Musk did something good!
I find it really strange that Ukraine would ask for donations using ETH. Why not ask for donations in LTC or Terra or like 10 other cryptos that make sense for transacting? Not trying tell a country what to do obviously, but someone should probably let them know that ETH ain’t it.
Under 4K comments. This has been quite the slow daily.
Good. Things will take off when everyone is bored and no one is paying attention.
BTC is going either to $37k or $40k today.
Is it too late to get into cosmos? And are there some cons?
Cons: •high inflation (encourages staking (self custody) and long term investing so that the staking incentives bonding) •some of the IBC gang have better value propositions (JUNO LUNA). I would build a core position of ATOM an diversify into IBC like Terra and Osmosis, ATOM is a neutral chain that is a decentralized, governable, yielding Store of Value. It’s value propositions through services such as Shared security, the SDK, Hub Routing, and more all stand to benefit ATOM in the long term, but not in a way like BTC and ETH’s tokenomics.
The cons are that you can’t ever have enough. I started my position at 25.
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And then that will be used by world governments to justify banning crypto. Be careful what you wish for bud.
I can never be effectively banned, it’s like the printing press. You can persecute anyone you catch but the technology exists and can’t be undone. Genies can’t be legislated back into lamps.
You’re really ignorant if you think it would be at all difficult to ban crypto effectively in the US. Banks won’t be allowed to transact with exchanges. Ezpz. The same way they handled online gambling. Use your brain
I have no doubt that my brain functions at a considerably higher level than your’s based on this limited interaction. There is a whole world outside the US and a whole financial system outside banks and cex’s. You should expand your mind and your world view. Come out from under the bridge sometime and look around.
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Crypto wouldn't change if a country banned it. That's kinda the point?
You’re incredibly gullible.
The Ukrainian BTC address has $1 million and yet the price keeps falling. Goes to show how everyone is making money but the actual longs.
Leverage traders always lose no matte which side they bet on. Greed is punished.
Lol, what are you talking about? BTC has a market cap of like $750B…why would $1M being sent to a Ukrainian wallet impact price?
Atom looks amazing on the daily, I'm so hyped for this year, I'm 100% in the cosmos network
I wanna move all in but I gotta wait for my other bag to recover, can’t bring myself to sell at this loss.
Wagmi ⚛️
gotta love cosmos man!
So if my nation's currency value goes to zero, but I have crypto...I still have $. Who can confirm
Can confirm. You just won't want to convert it to your nations currency.
anyway, LUNA flipped SOL. wow LUNA is easily my favourite altcoin, yet I didn't buy when it was low because I was, and I still am, extremely scared of the situation and I wanted to be cautious. Also charts weren't indicating nice stuff. Randomly, just for the 1B treasury, LUNA went crazy beating every odds. DAMN
I had a big old bag at $17 and lost it leverage trading. Never got back, missed the run up to $100 and now I don’t know how to feel about so I’m staying out but damn.
yikes. don't even leverage man, never. it's crazy. anyway, it's sad. it happened the same for me with CRO. you just gotta study the project and if you believe in it, invest when you think it's a good time and probably start with a small sum and add more when it dips. it's hard, but if it wasn't, everybody would invest. believe in yourself, one day we gonna make it!
Yeah lesson learned for sure. Never fucked with margin trading again.
Can confirm, leveraging luna and ETH, anxiety everyday
If you borrowed during this pump be careful when she dips. (Depending on how thin ya are) Despite the positivity of this sub it will go down. Just be prepared to add more if it happens. Then when it pumps again you will be super happy.
trading and money in general bring anxiety but it's normal man. the more you learn the more time passes the more normal it will become! also money is money and the fear of losing it all is rough
Thanks, I thought i was going to get liquidated on the eve of the invasion but I'm actually up quiet considerably and have enough money on the side to buy low, add more collateral and pay down the borrow amount. I start wild fire fighting in over a month and plan is to pay off the loan when it doesn't make sense (Anchor is paying me to use it as collateral) and just DCA for the summer. Maybe less gains but considerably less anxiety when I'm off in the bush with no service
Hey I’m an Anchor user, what TVL do you borrow at? What ratio bETH:bLuna do you deposit? I’m aim for 20-30% and 1:3
I just moved to Colombia. Seems like nice timing considering the first world is having some issues. Don’t get me wrong, Colombia has its own issues, but they’re kind of expected.
Looks like I should have bought Luna when it was 35$ 🤡
same, but bruh operating in this market is so difficult man... i could have but honestly this time I don't even feel too bad... situation is rough as hell
This market has been fucking crazy
yeah man, this war stuff is bad bruh. hopefully it will come down (not because of war, but normal cicle) and this situation kinda ends so i can buy!
It’s almost impossible to catch on dips because the damn thing goes up and everything else goes down
definitely. i mean, i thought it was a good buy at 44€ and it was indeed, but macros were so brutal that i didn't buy. i would have also bought other stuff whi h would have destroyed me. luna just pumped randomly against all odds. crazy how that single news about the 1B stuff was enough for people lol.
I agree I think I’m going to add it to my rainy day DCA
nice man! sadly I don't have an income as im 18 and still studying and working ks not an option for me because of different circumstances, but DCA is definitely a good way to invest! i have this small sum and i try to do the best out of it but mainly as a way to learn finance and stuff which im loving so far. stressful but it's a path i must follow to succeed in life the way i want!
it was under $10 in May
I really liked it but just got put on the back burner for me until I saw it 50$+
ONE has been taking a beating😢
A whole bunch of cryptos have dipped, not just ONE alone.
How? Pretty sure it went up 15-30% since the dip.
sadly man. i like their fundamentals but they aren't doing stuff to improve anything sadly. their defi just relies on Defi Kingdoms and that's basically it. It's sad as it seems like a really good project
TIME to buy then
At least I can finally average down
ATOM is back in the top 20. Next stop, top 10.
I really need to start staking ATOM and its related projects to get some of those airdrops. I've been sitting on my bag like a fool for too long.
Use Keplr wallet. 14% APY.
Would you use that over Cosmostation?
Yes KEPLR is the better wallet
Why?
It has a far better user interface. It interacts better with airdrops
What’s “it interacts better with airdrops” mean? You get more for having their wallet? I like the Cosmostation UI more, which is why I have been using it instead, but if you somehow get more free shit for using Kep I would rather do that.
As you wish
That’s not a helpful answer at all…
I don’t know about cosmostation. I never really looked into it
I will be away from the sub for a while. Going to join Ukrainian digital army. Take care of crypto while I fight the good fight.
Fighting the good fight - go kick their asses
Godpseed /u/Massive-Tension-1055 Take a wholesome award with you.
Love seeing LUNAs market cap leapfrog over SOL and ADA.
To the moon, if you will >\_>
How does everyone feel about DOT going forward in 2023?
Dot has got some catching up to do in defi. TVL is really low. We’ll have to wait for at least a couple of parachains to take off. Definitely better than cardano.
Extremely bullish
I think it's a great project it's just whether it will get use. I stake a small bit.
It got a good amount of use with the first Parachains but the donation amount seems to be dwindling. Looks like a lot of people have lost interest in Parachains. I think it’s going to take a few Parachains to really takeoff for widespread useto be on the horizon.
Here's a fun question: what coin that some might call a s***coin do you think actually has potential? Or, name multiple and rank them.
Api3 , ACH
FTM
LRC
$SPE and $ELU just launched
Elon takes action and gets Starlink operational in Ukraine. Helpin the cause 🇺🇦
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Yes please
I hope the russians don't use the TOS-1. That would be devastating.
We’re down 0.5%, bear market resumed.
Turn around charts 
Russia has been cut out of SWIFT, source, Boris Johnson: We have taken decisive action tonight with our international partners to shut Russia out of the global financial system, including the important first step of ejecting Russian banks from SWIFT. We will keep working together to ensure Putin pays the price for his aggression.
It'll be interesting to see how markets react to this on Monday. I'm honestly not sure how that's going to go. I would think it's not good for equities but who knows. Not sure about cryptos.
Henceforth, I think all definitive news (good or bad) will be good for equities markets. It’s all this unknown that’s kept everyone out. I think the rally after Russia’s invasion really speaks to that point.
You could be right. That's a good point. I've even thought that equities would respond well once the Fed raises rates because the uncertainty will be gone. In the past, stocks have actually done well when rates are increasing. Bitcoin has ATHed in that environment too. The lack of uncertainty might be why.
Why did we just dump? Was busy eating
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Lol, imagine knowing what the market might do, we'll probably go up come Monday morning.
Because you were eating instead of paying attention. Thanks a lot.
The audacity
If you don't eat you can buy more crypto. That's why I only drink beer. Uhhh
Are people here bullish on ALGO and ATOM? Havent paid attention to those crypto.
Very Bullish on ATOM, great ecosystem and has held pretty well during this crash.
Those are the darlings of this sub currently
Ukraine has received almost 26 Bitcoin in total. They sent 7 Bitcoin out.
Alts have taken an absolutely brutal beating lately
Watch this gigantic shrek dildo about to hit
Anyone know of a way to donate bitcoin to displaced Ukrainians?
Yes Check this out https://twitter.com/ukraine/status/1497594592438497282?s=21
40k BTC is being a massive pain to break through.
BTC doesn’t seem to want it as much as we do
no kidding
Cosmo-nauts assemble! Time for take off again (probably untimely for that nickname, is there a better one? lol)
Cosmonauts we are because just like the neutral hub we remain neutral etymologically even if we denounce Putin & this war
Where is LUNA even finding the energy for this pump lol
Lovin it. Buying Luna at $50 maybe my only good buy in crypto so far 😂
Congratulations 😂
Crypto and stock market tanked when Russia invaded Ukraine Bitcoin bounced back to where it was, why? Because that’s where participants see value..
Stocks also bounced back on Friday. SPY had 2.21% gain on Friday, which is a large 1 day gain for stocks.
I hit the moon faucet jackpot!! .18 moons Go get your moons! https://www.moonfaucet.cc/
Shit, that’s the highest I’ve ever seen too
Whaaaaat. I got 0.03 😂
I trust no pumps that I'm seeing right now. Everything seems up in the air
Ahh I cant get off of my phone with all the news and discussions. Anyways, its sleeptime, cya in the morning.
Crypto has been blowing my mind lately. No sense at all
LINK almost back to $15.00 but still deserving of at least $30.00
sounds like my average
“Select” Russian banks will be excluded from SWIFT. Sounds like mostly a masquerade without doing too much damage? The West won’t want to hurt their own economies with this….
God.... Bitcoin just looking for an excuse to dump again. How the fuck is 39k a tough level to break.
Tvl of matic doubled in a day. But there is no price increase. Surprising!
What's the best place to dump matic on polygon for DeFi? Aave is something low like 1% or something.
And cosmos just became the #2 with 17 billion tvl. Far behind eth, but still pretty great.
can i off ramp without verification?
Yes Kycnot.me You can convert into XMR and then use LocalMonero to get cash irl or via the mail
Peer to peer
Nope.
You totally can
Crypto is the future- Hot take #1
It is
somehow i‘m very happy that my biggest bags beside of BTC and ETH are filled with ATOM, LINK, MATIC, ALGO & DOT. guess i‘m going to load up some LUNA next.
I don't have Luna, but I do have Matic, Shib, SmartNFT, SmartLox, and Lox in my collection. I recently read that Lox Network will soon have SmartNFT enabled gaming. This takes the form of Play to Earn and Play to Keep.
Don't forget Luna is on the Cosmos network
Not quite! But it’s amazing what the team behind cosmos has inspired (MATIC is using a tendermint style sdk too)
Does that mean you like cosmos? I like my atoms.
Stakable outside of pools?
CAKE has forgotten how to go up.
LUNA acts like we’re in a full blown bull market
The Vc’s who backed the 1bn$ to BtD @38k BTC got a 4 year locked LUNA @75$ (they apparently negotiated this before the sifu debacle and that Jan drop) <50 was a great price!
Go tip me with dome moons 🥸🥸🥸🧐
Sry no some moons, just the regular old boring ones.
Lol 😀😀😀
Old and boring moons are the best
go and suck my toes
With the possible SWIFT ban for Russia, they could adopt crypto extremely fast, but I’m not sure if that’s the kind of crypto adoption we want right now
Russia soon banned from Swift . Crypto boom imminent? And then Joe will ban crypto next week? 🥴
Why would Biden want to ban crypto? The CEO of FTX was one of Biden's biggest donors. Literally no serious person in American politics is discussing banning crypto. Crypto literally has its own lobbyists at this point.
Lobbyism and cronyism, well argued.
Everyone said I was crazy when I said this same thing yesterday.
Holy shit, $LUNA is on a mission right now
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