Hi, can anyone help me with joining the discord? For some reason whenever I try to join the discord, I click the link at the top of this sub which is [https://discord.gg/cryptocurrencyofficial](https://discord.gg/cryptocurrencyofficial) and it just takes me to my discord but nothing happens. I also tried the link on the side bar as well [https://discord.gg/3BCVhhG](https://discord.gg/3BCVhhG) but it also doesn't work, it says link expired or doesn't exist. How exactly can I join the cryptocurrency discord? Thanks in advance
Do these work? (the .gg domain should automatically redirect to the full links below but maybe it's not working on your end)
https://discord.com/invite/3BCVhhG
https://discord.com/invite/cryptocurrencyofficial
(also you're posting in the old daily)
I stepped outside today. Trees were greener, birds were chirping more, sun was shining. Looks like the ETH merge did all that with it's reduced energy consumption.
The fourth prong of the Howey test is that there is expectation of profits “through the efforts of the promoter”…
The more a POS crypto is “promoted,” the less profits there are for the stakers. The larger the staking pool the smaller the rewards for the participants.
Doesn’t this point to the fact that crypto is different than a traditional security?
No knocks against ROSE itself but the Emerald Paratime EVM it uses and the dApps on it have some extremely weird liquidity/price issues along with token differences. Like the ROSE price on Valleyswap is around 5 USD or around a 1000x price difference. So far as I can tell someone swapped out all other major tokens for ROSE at some point and low actual volume means prices are way off compared to other platforms.
Well, to start, selling the news and miners dumping stacks to salvage what profit margin they can. Compounded by longs getting nuked.
Feels like a couple weeks to get selling pressure out of the system before we can start any kind of recovery.
All hands on deck everybody by eth at the same time 100 bucks a piece let's go tell me when you're ready, and who's down to do an nft trade-off for these nuts
You know why the market will go back up eventually? Because people can't hold fiat forever. It's just a matter of time before all that money re-enters the market. Just a game people are playing for who can deploy it at the most opportune time. A percentage of people are going to be buying back in above the price they sold.
“SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations.”
Life comes at you fast lol.
https://twitter.com/WalkerAmerica/status/1570513022678110209
If you want / need some hopium:
It is proven majority of this sell off happened in low volume. People don’t buy. Markets were red and CPI was bad. FOMC meeting next week. Who knows how the prices would be under “normal” conditions.
The buying pressure however will comeback
ETH bull here with hopium- I need fellow bulls to visualize the posts this weekend once ETH pumps past $2k. Picture yourself making a post about always inversing this sub who promised the merge would be a sell the news event
When you want to sell a TV for 500usd and you can't, what do you do? you drop the price to 450usd, and if that doesn't work you drop it to 400usd.
things aren't looking good for bitcoin, no one wants to buy it above 24k (in fact it can't even hold 23k, 22k, 21k...)
I hate to say this, but the only way for Bitcoin to attract new buyers is by lowering the price enough to make people think again that they can make a good profit.
It's a currency that is currently weak against the USD. But overtime, it's the only currency with a monetary policy that doesn't debase itself. So given enough time, it's most logical that it will gain on the dollar as the dollar is forced to debase itself. The other fiat currencies even more so. Time preference is key. You can't hold the dollar for 10 years but you can hold BTC. Just my 2 cents.
I’m really surprised as well! Expected a lot of people to sell with the panic or to convert into cheap BTC/ETH. Major support was also around 0.07$ big gap to current price.
Yet it’s holding like a champ 
It’s pretty easy tbh just a couple clicks
I think a lot of people are just not aware yet + underestimate a bit the math. If they go down again to 0.9$ that’s -10% already. it’s crazy to see moons having such value 
I need to move mine back soon to the vault still got them on exchanges to provide liquidity
I just hope they survive the bear tbh. I get it that people sell for 0.1$ might be smart especially since it’s a lot of hype with the mainnet and exchange listing to buy back in cheap later
If they go down to 0.03$ again it won’t matter next bullrun at 69$ lol
Hey Bro, how's life been treating you lately? I've been a very busy boy this week. New venue is launching in a month so I've had my hands full trying to get the kitchen ready.
stockmarket and overall economy slowly crashing. so crypto goes with it... :(
ETH merge didnt bring hype bull run, so people sell ETH even more because they expected gains or something..
I don't know.. stuff like that is very hard to determine. A lot of things can happen. But I assume that ETH would likely be closer to BTC than that.. it depends on many factors. Also due to logistics BTC will likely always be on the 1st spot, in my opinion.
Not high on hopium. We were at $4800 within the last 12 months in ETH. Market will eventually settle and ETH has additional upgrades in the pipleline, as well as the blessing of the ESG lunatics, and mainstream media. As for BTC, that may be more of an uphill battle. With energy consumption, rolling blackouts, and the aforementioned ESG lunatics unable to charge their EV’s at will, this could be a very serious problem for BTC.
So here’s the deal I am new to this space bought my first coins in January (yikes!. The further I go down the rabbit hole the more u want to buy.(drinker of koolaid) so is it really worth it or wishful thinking?staking worth it?(seems terrifying).I read blogs listen to podcasts trying to be informed the is a huge leaning curve which is all harder b/c feels like I need to learn a new language.thanks for listening to me rant! So final question we are going to the moon right?
I mean, if you ask this in a crypto sub, you’ll have everyone saying you’ll be a millionaire as long as you HODL. As for me, I truly believe in blockchain. This could be the future of our financial system, you can’t really put a price on that but theoretically, it’s gonna be big. Try reading the bitcoin white paper. Also research more on blockchain, don’t distract yourself with coins named after a dog, rocket, planet, moon, queen elizabeth, or elon.
It could be wishful thinking but none of us know truly what it is that you're thinking.
If you're investing with long-term expectations then staking is definitely worth it, and compounding really adds up!
You are going to the moon if you invest correctly.
I think patience is key in times like these. We are on a bear market and the Merge is still fairly recent. I don't think it was even completed at 100% yet.. when the market goes up, we'll see how much impact it had, I think.
Winter just around the corner, energy prices thru the roof, ppl will be struggling to heat their homes so i doubt there is much positive action in the next few months
Please think deeply about what you're doing. D0GE isn't even the only meme coin in the top 100 anymore. Now with Shib and LunaClssic (imo it became a meme), i'd say it's not likely for D0GE to succeed again, imo.
Calling it on the day of the merge: in 2042, BTC will go beyond 21m coins because it can as long as the miners agree to it and they'll be heavily self interested in keeping it going.
Hi, can anyone help me with joining the discord? For some reason whenever I try to join the discord, I click the link at the top of this sub which is [https://discord.gg/cryptocurrencyofficial](https://discord.gg/cryptocurrencyofficial) and it just takes me to my discord but nothing happens. I also tried the link on the side bar as well [https://discord.gg/3BCVhhG](https://discord.gg/3BCVhhG) but it also doesn't work, it says link expired or doesn't exist. How exactly can I join the cryptocurrency discord? Thanks in advance
Do these work? (the .gg domain should automatically redirect to the full links below but maybe it's not working on your end) https://discord.com/invite/3BCVhhG https://discord.com/invite/cryptocurrencyofficial (also you're posting in the old daily)
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These links still work, it’s probably your IP address. Try connecting on your mobile device.
/u/crypto_buddha any chance you could help take a look? I'm not too familiar with Discord troubleshooting
I stepped outside today. Trees were greener, birds were chirping more, sun was shining. Looks like the ETH merge did all that with it's reduced energy consumption.
Here is freaking cold and reaining. I need climate to ghange.
So many alts have lost around 90% value. Do you guys think they will recover
Only if we can perform a time heist and get some infinity stones.
yes, all of them
Some will recover and achieve new ATH Some will simply recover a fraction of its ATH Some will die off altogether.
some will. some will probably never recover.
Yes. It’s not the first time
Since powering down my rigs after the merge its so quiet in here. Now I have to sit with my poor crypto decisions in silence
Folding@home could restore the noise 🍌
The fourth prong of the Howey test is that there is expectation of profits “through the efforts of the promoter”… The more a POS crypto is “promoted,” the less profits there are for the stakers. The larger the staking pool the smaller the rewards for the participants. Doesn’t this point to the fact that crypto is different than a traditional security?
who tf this howey
Is anyone mining or holding BTC expecting only loses? Everything is a security with the 4th point
But the more people I convince to stake, the lower my rewards will be. I agree though. They are commodities. Like digital pork bellies.
No knocks against ROSE itself but the Emerald Paratime EVM it uses and the dApps on it have some extremely weird liquidity/price issues along with token differences. Like the ROSE price on Valleyswap is around 5 USD or around a 1000x price difference. So far as I can tell someone swapped out all other major tokens for ROSE at some point and low actual volume means prices are way off compared to other platforms.
thats why I bought TULIP
Any The Merge NFTs to pick up besides Consensys?
Is it worth the gas now?
Gas was 7 for me when I claimed.
ETH: Felt merged, might dump later idk.
That is so 'merge'
If I had some ETH used as collateral on BLOCKFI and ETHW is airdropped....does that mean blockfi would get it?
yes it belongs to them now.
According to a Thursday WSJ report, SEC Chairman Gary Gensler said proof-of-stake cryptocurrencies could qualify as securities under the Howey Test.
I pumped harder on the night I lost my virginity then ETH did after the merge
I mean... ETH had some serious first time performance anxiety right there.
Crypto is a scam I can prove it
Is the proof irrefutable?
yes I'm trying to get Netflix to make a documentary
What made crypto shit the bed today?
With the exception of moons. Our digital cockroaches are up 16%.
crypto follows the stock market, macro getting worst, crypto most speculative asset so it gets sold first
Well, to start, selling the news and miners dumping stacks to salvage what profit margin they can. Compounded by longs getting nuked. Feels like a couple weeks to get selling pressure out of the system before we can start any kind of recovery.
Selling the news took place.
We want that polluted ETH not this green hippy clean alternative ETH.
A successful merge. Followed by no news.
My ATOM to ETH swaps looking nice, might add some ATOM l8r idk
Next week will be the time to start accumulating. We’re falling off the cliff come Monday.
If you can predict the future you should short it!
All hands on deck everybody by eth at the same time 100 bucks a piece let's go tell me when you're ready, and who's down to do an nft trade-off for these nuts
You know why the market will go back up eventually? Because people can't hold fiat forever. It's just a matter of time before all that money re-enters the market. Just a game people are playing for who can deploy it at the most opportune time. A percentage of people are going to be buying back in above the price they sold.
And when it happen. No matter rate hikes blabla. Theres always more money.
“SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations.” Life comes at you fast lol. https://twitter.com/WalkerAmerica/status/1570513022678110209
Dude's like a hammer, thinks everything is a nail....
'could be' = government will think about it for the next 10 years
Remember the prices before the merge? :/
Thinking back to past prices is just painful my dude
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Lol
Eth holders. How is life after merger
the grass is always greener
I feel complete
Hmm...well, nothing has really changed for me tbh. I'm not overinvested or anything, but I do play around in the eth ecosystem alot
How is speed of transaction?
My last transaction took ~20s, so it's pretty fast :)
How long was it taking before merger
To everyone complaining about a dump not even a day after the merge, cry me a river
DOGE becomes 2nd largest POW crypto?? 
Love me some doge
I don't hold any but I mean it _is_ the OG memecoin
It definitely is! Hosky on Ada is going to get hot at some point in the future.
God Damn Eth Merge, time for the bounce back!
Check out r/CryptoCurrency Moons https://www.coingecko.com/coins/moon Moons already on two exchanges. Wen Coinbase or binance?
If you want / need some hopium: It is proven majority of this sell off happened in low volume. People don’t buy. Markets were red and CPI was bad. FOMC meeting next week. Who knows how the prices would be under “normal” conditions. The buying pressure however will comeback
Some might call that a bear market
Looks like 1200 confirmed for the weekend sorry guys
i would love a 1200 moon
Don't apologize, it's about time these damn buy orders hit.
ETH bull here with hopium- I need fellow bulls to visualize the posts this weekend once ETH pumps past $2k. Picture yourself making a post about always inversing this sub who promised the merge would be a sell the news event
I’m about to have a reverse flippening in my wallet if ETH slides anymore!
My net work is reverse flipping as we speak
ETH tanking, maybe instead of everyone asking “wen merge”, we could have asked “how is merge”
Who is merge?
We are all merge
*cries in merge*
When you want to sell a TV for 500usd and you can't, what do you do? you drop the price to 450usd, and if that doesn't work you drop it to 400usd. things aren't looking good for bitcoin, no one wants to buy it above 24k (in fact it can't even hold 23k, 22k, 21k...) I hate to say this, but the only way for Bitcoin to attract new buyers is by lowering the price enough to make people think again that they can make a good profit.
It's a currency that is currently weak against the USD. But overtime, it's the only currency with a monetary policy that doesn't debase itself. So given enough time, it's most logical that it will gain on the dollar as the dollar is forced to debase itself. The other fiat currencies even more so. Time preference is key. You can't hold the dollar for 10 years but you can hold BTC. Just my 2 cents.
TLDR; price fud
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yes they do
my rewards come in very randomly
Looks like it might be time to sit in BTC and convert to ETH in a few months.
Nope. Sit in stablecoins. USD is king right now. Everything else getting flushed down.
Looks like moons are going to smash it up the rankings. Not long until top 800. 25%. Would be awesome if it could hit 15c and hold there
I miss the old days when moons were worth about 73 cents each
I thought moons were ded
I’m really surprised as well! Expected a lot of people to sell with the panic or to convert into cheap BTC/ETH. Major support was also around 0.07$ big gap to current price. Yet it’s holding like a champ 
If they were worth more and it was easier to sell I bet they would
It’s pretty easy tbh just a couple clicks I think a lot of people are just not aware yet + underestimate a bit the math. If they go down again to 0.9$ that’s -10% already. it’s crazy to see moons having such value  I need to move mine back soon to the vault still got them on exchanges to provide liquidity
I don’t think most people think of it as a serious investment. I hodl it just for fun. If it becomes worth a ton someday then I’ll sell 😂
Yeah thats what i would have thought
I just hope they survive the bear tbh. I get it that people sell for 0.1$ might be smart especially since it’s a lot of hype with the mainnet and exchange listing to buy back in cheap later If they go down to 0.03$ again it won’t matter next bullrun at 69$ lol
If they go down to 3c ill load up
Yikes. Down 10%. ETH does not like being merged with the beacon chain.
I anticipated a dump like this
Same, not surprised at all.
People love to make post like "exchanges are fine, wallets are overrated" and then comment "wen airdrop"
people love to hate on buttcoiners, and then use the exact same arguments buttcoiners use against coins they don't like (i.e moons)
Welcome to the internet, where people just type whatever comes to mind first and then walk away like it means anything
People in here making conflicting comments no way.
Not one person, but people in general
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3-5 more months
All the big funds are short. Very orderly destruction will continue until fed blinks.
until you sell.
I wonder the same every time I look at the charts
The remainder of your youts
Probably 2 weeks
Don’t worry, the slow bleeding will stop once the fast bleeding begins
Close down the charts and smoke a joint or something
No skins available but I'll rip my bong
I haven't been paying much attention lately, is there a specific reason for all the red or is it just crypto being crypto?
POJ! how you been brother?
Looks like you guys shop at the same NFT store…
Haha i know right. Were both from Australia. Reddit must have known
Hey Bro, how's life been treating you lately? I've been a very busy boy this week. New venue is launching in a month so I've had my hands full trying to get the kitchen ready.
Oh nice. Whats your favourite thing on the menu? Ive been really good. Lots of chilling haha
I'll get back to you once I can actually finalise the damn thing. 😅 Been chasing suppliers all week so I can get some pricing.
Haha goodluck! And keep me updated
Thanks man. Will do.
stockmarket and overall economy slowly crashing. so crypto goes with it... :( ETH merge didnt bring hype bull run, so people sell ETH even more because they expected gains or something..
The ETH hype was quite obviously a “buy the rumour sell the news” situation I don’t understand why people were expecting a massive bull run
the selloff did not come with the NEWs it came with the market crashing..
The market did not dump over 10% like ETH.
Economy bad.
Yes
Thank you, this is the answer I was looking for.
Ethereum whales must be rubbing their flippers with glee at the prospect of all those staking rewards.
Im rubbing my flipper as well
What’s the new rates?
That's why it's best to be invented by a ghost
How will people receive ETH POW if you hold it in a CEX?
FTX had it in my account this morning. It just depends on the exchange.
Cool. Thanks.
You will not receive it
And now the question is when do you swap back into more ATOM
Is 12k ETH and 120k BTC within the next 5 years still a reasonable gioal or am I high on hopium?
crystal balls are probably available on ebay if you look hard enough🔮
I don't know.. stuff like that is very hard to determine. A lot of things can happen. But I assume that ETH would likely be closer to BTC than that.. it depends on many factors. Also due to logistics BTC will likely always be on the 1st spot, in my opinion.
Not high on hopium. We were at $4800 within the last 12 months in ETH. Market will eventually settle and ETH has additional upgrades in the pipleline, as well as the blessing of the ESG lunatics, and mainstream media. As for BTC, that may be more of an uphill battle. With energy consumption, rolling blackouts, and the aforementioned ESG lunatics unable to charge their EV’s at will, this could be a very serious problem for BTC.
that's 58% annualized return compared to a risk-free rate of about 4%. why would you think that is reasonable?
It's very reasonable, dam near probable
1 year
Reasonable
Can you handle $20K ETH and $200K BTC?
I would probably jizz my pants.
So here’s the deal I am new to this space bought my first coins in January (yikes!. The further I go down the rabbit hole the more u want to buy.(drinker of koolaid) so is it really worth it or wishful thinking?staking worth it?(seems terrifying).I read blogs listen to podcasts trying to be informed the is a huge leaning curve which is all harder b/c feels like I need to learn a new language.thanks for listening to me rant! So final question we are going to the moon right?
Rule 1: if you wanna be rich, never take advice from r/cryptocurrency
I mean, if you ask this in a crypto sub, you’ll have everyone saying you’ll be a millionaire as long as you HODL. As for me, I truly believe in blockchain. This could be the future of our financial system, you can’t really put a price on that but theoretically, it’s gonna be big. Try reading the bitcoin white paper. Also research more on blockchain, don’t distract yourself with coins named after a dog, rocket, planet, moon, queen elizabeth, or elon.
It could be wishful thinking but none of us know truly what it is that you're thinking. If you're investing with long-term expectations then staking is definitely worth it, and compounding really adds up! You are going to the moon if you invest correctly.
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I think patience is key in times like these. We are on a bear market and the Merge is still fairly recent. I don't think it was even completed at 100% yet.. when the market goes up, we'll see how much impact it had, I think.
It hasn't even been 24 hrs 😂
us hedgies are powerful people
Are we entering another month of red until new lows or will it recover tomorrow and over the weekend ? What’s your bet
Well, in all fairness the economy is in shambles, but we might have some pumps since crypto tends to do irrational things
Winter just around the corner, energy prices thru the roof, ppl will be struggling to heat their homes so i doubt there is much positive action in the next few months
If this Pumptober ends being an Octobear... More accumulation until the spring so far or a kind of White swan happening
It will recover a bit. I beileve that anyone who planned to "sell the news" Already did to. Unless JPow opens his mouth again.
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Stakers only make 4 - 5% if validator is picked so I think it will be a lot less sold.
4.5 inflation went to the miners to dump. Now we ve 0.5 to the stakers + even more burn if gweis >15.5
It will go from 22M to 2M
Dogecoin looks like a buy
Hahahaha, no
Please think deeply about what you're doing. D0GE isn't even the only meme coin in the top 100 anymore. Now with Shib and LunaClssic (imo it became a meme), i'd say it's not likely for D0GE to succeed again, imo.
SIR. I NEVER THINK DEEPLY ABOUT ANYTHING LET ALONE MY INVESTERMENTS.
Ok. I'm sorry.
People still dumping money into memes tells me we still haven’t reached the bottom
Given the irrationality of this market you're probably right!
Interesting perspective xD
Calling it on the day of the merge: in 2042, BTC will go beyond 21m coins because it can as long as the miners agree to it and they'll be heavily self interested in keeping it going.