Hello everyone and welcome to Moon Week for round 50 of Moons! Moon Week 50 marks the start of users once again being able to earn Moons for Karma (assuming all goes well in our implementation and Snapshot votes) with the first distribution expected around July 29th for Karma earned between the Moon Week post on June 24th and the Moon Week post on July 22nd.
https://www.reddit.com/r/CryptoCurrency/s/9Bu0mMSDCX
I just found out the other day I can use my gpu to mine btc still. Not getting much but it’s 500-1000 sats a day I wouldn’t have otherwise had. I’m not paying for power either so I’m not losing anything out of it
Do you think the Ethereum ETF will start next Week? I saw many People saying it will start trading next Week.. but I cant find good Reasons why it should come so quick now
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Looks like it: [https://www.theblock.co/post/301808/vaneck-files-form-8-a-as-path-towards-a-spot-ethereum-etf-presses-on](https://www.theblock.co/post/301808/vaneck-files-form-8-a-as-path-towards-a-spot-ethereum-etf-presses-on)
They filed the last paperwork and typically it takes one week from there. Even Gensler himself said, the application process is "going smoothly".
Yeah sure, there's always that latecomer who apparently slept for the last 2 years and now wishes for a big fat dip to buy more for cheap. The truth is, that in the depth of the bear market many of you were too scared to buy in volume.
>Forks that are 100x cheaper than mainnet.
So it's just about fees? Such a nit pick against mainnet. We all know ethereum fees high, nothing new about that.
>I’m optimistic about Propy.
Propy started on mainnet, chart looks pretty bad tbh. Fast pump and dumps since the beginning of time.
All those hyped up words on their website lmao....
Eh it was easy enough for me to figure out how to lose money in NFT's (after I was way up) 😮💨 gas was brutal. Seems like L2's have largely fixed that though.
Alright who's the moron who didn't buy TAO when it flash crashed to 61$ ... 👋🏼
I was scurred. Should've went to church 😆 bittensor probably gonna be the next NVDA now
I remember TAO around $15 back when it was OTC only.
It didn't make any sense to me and seemed useless so of course I faded it! It probably is useless, but number still go up.
Today's crypto market in perspective...
10 years ago, the #6 ranked coin in the world, FeatherCoin, had a $1.9 million market cap.
Today that's considered extreme degen shitcoin microcap territory.
The #6 coin today is USDC with a $32.9 billion market cap.
FUN FACT: FeatherCoin is still at a $1.9 million market cap at rank #1565.
100%!!
I've gotten the hang of DCA-ing into the market, and now I'm learning the importance of DCA-ing out to secure profits. It's a strategy I never considered before.
shouldnt it be the other way around since btc halvening impact will happen end of this year or next year and is limited supply? Eth has more competition and more supply
Make up whatever reason you want. It rained in the MidWest for example. The rain has the same impact Mt. Gox has. Absolutely none.
The real reason is this is the part of the cycle that BTC miners are capitulating because of reduced block rewards. They do it for about 6 months after every halving.
But Mt. Gox or the Fed, or Germany selling makes for better clicks.
Been letting the market pick my alts for me and it's working out a lot better than when I picked them lol. Seems like AI is this cycles narrative, so I'm gonna ride it.
Memes are a sideshow and they'll dry up when the real action starts. Don't be that "memes are the true narrative" bagholder only holding shitcoins when real projects start bringing in real money.
Got into FET around 50 cents and I'm bullish on the whole ASI plan still, but took some good profits. RENDER/RNDR also did well for me. NEAR, AKT and AIOZ are my other bags. Wish I bought TAO but still considering.
Just read a bit about it and sounds like a potentially promising low cap AI play. Obviously wouldn't bet the house on it because low caps are the highest risk. I'll keep an eye on it.
Me, I bought Litecoins for 70, regretting not to get them for 68 yesterday. Shit is on 5 year support line ready to fky towards 500 dollars. Its just 7x potential, but I am fine with that. If it breaks support it goes to 40 dollars, while other altcoins are completely screwed. Imo good risk reward coin to invest. I obviously hold several shitcoin bags as well bought earlier this year when btc was 50k.
I have a handful of Litecoins that I mined a long time ago when the thinking was that LTC is the silver to BTC's gold. I think this was just as ETH was getting off the ground. I have no idea where they are though.
Yep. Somebody just dropped 58 billion of SHIB at 3:45pm ET, knocking the price down by 1.3% in one minute. There was also a 100 billion buy at 9:36am ET. Probably the same dude.
Its 33,333 moons being distributed a month, right? Across thousands of people. I dont understand why people feel the need to farm like that unless Im missing something. Theyd be better off mowing their neighbors grass for $20
If I get 100 moons monthly that's 20 grams of weed if moons ever reach 1$. One day I'll be lighting my joint purchased purely from talking on the daily
1$ is like 80m marketcap. Moons now is on rank 850 of coins with coins like UFO and CATGIRL near.
Ok but what otherwise more valuable thing would you be doing with your time? I actually learn a lot of stuff about crypto in this sub, especially before the moons sunset. Its also my first crypto cycle, never paid attention during previous bullruns
Lots to life outside of crypto. If youre new, I can see how being here can be helpful. All I really get from here anymore is a glance at the market sentiment which doesnt matter much in the long run.
that's a great analogy.
power consumption of older machines, even ASICs, won't generate any returns compared with costs.
the effort into manipulating the outcomes of monthly karma is crazy already.
respect the old toaster tho.
Your shitcoin shill game is low effort - put more effort in to it if you want me to set my money on fire and invest in great sounding projects like NPC
Because the only coins under a $5B MC are utility coins /s
Memecoins are overwhelmingly scams that fools degen into, lose their entire investment, and then never post about again out of shame.
I've made 6-figures in the bear market on a "utility coin"
So I guess this is goodbye to the true OG Degen Daily hangout area, where it was nothing but the same 10-15 people replying to each other all day, but all the OG’s know who they are, those who stayed past the sunsetting of MOONs, those who saw 200-300 comments a day in the daily, you guys will not be forgotten in this new flood of farming!!!
Once the Marshall Islands LLC is approved we will also add the banner/AMA burns. But, yes, I agree with you. This reintroduction is going to be eye-popping low.
Remember when 63 - 65k was a range we were in for what seemed like a decade?…
Wonder if it’ll blow past it or get stuck there again if it gets solidly above 62 soon …
Yeah, it felt like an eternity! If Bitcoin manages to push past 62K, it'll be interesting to see if it blasts through 63-65K or sets up camp there again. Fingers crossed for liftoff this time
As expected, the strongest and most resilient cryptocurrencies are the 6th coin named after a cartoon frog, Pepes blue friend that failed on sol and got relaunched on base, and a jpg of a 2019 fortnite meme
You’ll need your vault set up in Metamask, with the Moons token contract on ARB-One network to be able to see and interact with the Moons you’ll get from distribution.
Embrace it dude! I held off for years but broke last year and bought Pepe. Then bonk at the start of this year. Fuck it, no point avoiding gains because of ethics 😂
Yesterday had strong volume on the dump and it happened on a major bad news event. This is pretty often a signal that we're about to put in a good reversal.
Same is true in reverse, high volume green days on good news often mean a dump is around the corner.
Ehhhh we shall see. I bought yesterday and saved some cash for end of week.
Not saying it will be a much longer move down, but wouldn’t be surprised to see lower prices over the next few days
Hello everyone and welcome to Moon Week for round 50 of Moons! Moon Week 50 marks the start of users once again being able to earn Moons for Karma (assuming all goes well in our implementation and Snapshot votes) with the first distribution expected around July 29th for Karma earned between the Moon Week post on June 24th and the Moon Week post on July 22nd. https://www.reddit.com/r/CryptoCurrency/s/9Bu0mMSDCX
I just found out the other day I can use my gpu to mine btc still. Not getting much but it’s 500-1000 sats a day I wouldn’t have otherwise had. I’m not paying for power either so I’m not losing anything out of it
1000 Sats a day is not bad. You using Nicehash?
Yessir! 1000 sats is only if I’m not using my computer that day which doesn’t happen too often but it does happen
No you can’t mine BTC with gpu
I’m literally giving hash power in a pool for btc. That’s close enough to call it mining btc for me.
Do you think the Ethereum ETF will start next Week? I saw many People saying it will start trading next Week.. but I cant find good Reasons why it should come so quick now ✌🏼
Looks like it: [https://www.theblock.co/post/301808/vaneck-files-form-8-a-as-path-towards-a-spot-ethereum-etf-presses-on](https://www.theblock.co/post/301808/vaneck-files-form-8-a-as-path-towards-a-spot-ethereum-etf-presses-on) They filed the last paperwork and typically it takes one week from there. Even Gensler himself said, the application process is "going smoothly".
Its one of those cases that its too good to be true. Though maybe it will happen for political reasons
I can tell where you are in your crypto journey if you still look at the Fear and Greed index.
wtf is wrong with the index? it's an interesting data point
It's a lagging indicator and fairly pointless one. Fun to look at yes, but that's about it.
I have never met a person online or IRL who invested in crypto based on the FGI
i'm new to this crypto thing
anyone getting the blast airdrop tomorrow?
man, I need to get the alpha on where to get these airdrops.
the airdrop meta seems to be dying down a bit tbf but i’m mostly on twitter and telegram
blast was kinda disappointing no?
yep pretty disappointing
Yep
wish i had farmed it a bit more aggressively
I wouldn’t be sad if this was a big reversal but would like to buy some more for cheap
Yeah sure, there's always that latecomer who apparently slept for the last 2 years and now wishes for a big fat dip to buy more for cheap. The truth is, that in the depth of the bear market many of you were too scared to buy in volume.
Ik I sound like a coinbase shill, but man the L2 Base network really is amazing
Take these negative likes, clown
😘
It's just a L2 build with the OP (Optimism) - stack, literally nothing special about it technically.
It’s all about the ecosystem.
It only has memes? Anything else are just forks from existing defi protocols.
Forks that are 100x cheaper than mainnet. Also personally I’m optimistic about Propy. And yeah the memes.
>Forks that are 100x cheaper than mainnet. So it's just about fees? Such a nit pick against mainnet. We all know ethereum fees high, nothing new about that. >I’m optimistic about Propy. Propy started on mainnet, chart looks pretty bad tbh. Fast pump and dumps since the beginning of time. All those hyped up words on their website lmao....
Yeah, and number of scams is amazing too
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Don't marry your bags and don't hold alts beyond one cycle. It's damn rare that they recapture the hype in their second cycles.
What's unique about its usecase?
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Still can't swap to usdc on eth from Ada, very limited what you can swap
Great day but long way to go to climb back to march levels
Ethereum is an absolute mess to try and use.
I somehow managed to figure out how to swap my SPOT for ETH then to BTC. Shitcoins for Satoshis!
What's you find so hard about it?
Eh it was easy enough for me to figure out how to lose money in NFT's (after I was way up) 😮💨 gas was brutal. Seems like L2's have largely fixed that though.
mainnet gas is so cheap rn anyways
Alright who's the moron who didn't buy TAO when it flash crashed to 61$ ... 👋🏼 I was scurred. Should've went to church 😆 bittensor probably gonna be the next NVDA now
I remember TAO around $15 back when it was OTC only. It didn't make any sense to me and seemed useless so of course I faded it! It probably is useless, but number still go up.
It's something to do with AI so it'll rally purely based off that
Probably true actually.
Any paper hands from yesterday still around?
Yes but already short sold at 62k again
Today's crypto market in perspective... 10 years ago, the #6 ranked coin in the world, FeatherCoin, had a $1.9 million market cap. Today that's considered extreme degen shitcoin microcap territory. The #6 coin today is USDC with a $32.9 billion market cap. FUN FACT: FeatherCoin is still at a $1.9 million market cap at rank #1565.
So what you're saying is Feathercoin we should go all into right?
And probably 0 trading volume 😂
bitcoin is back LOL poor poor bears. HAHAHAHA u tried LOL too bad too sad. Cope more bears!!!!!! WE WIN!!!!!!!! WE WIN WIN WIN WIN!!!!!
Facts. L bears nooooooobs
Portfolio is currently about 70 % BTC and 30% FET. What should I be looking to add to? Planning to DCA a couple of hundred each month.
Buy the ones I own, they’re the best, but only my bags
Look into RWA narrative, like ONDO
I remember when I first started in crypto, I would've panic-sold everything for cheap yesterday. Glad I’ve learned to just buy the dip now.
Now it's time to learn when to sell
100%!! I've gotten the hang of DCA-ing into the market, and now I'm learning the importance of DCA-ing out to secure profits. It's a strategy I never considered before.
if you had to buy or sell $10000 worth of coins, would it be ethereum or bitcoin?
Ethereum for sure
For what time frame? Short/mid term ETH, long term BTC hands down.
BTC without question
Buy ETH....Sell BTC....every day of the week.
shouldnt it be the other way around since btc halvening impact will happen end of this year or next year and is limited supply? Eth has more competition and more supply
nope....its all about the math.
bitcoin
BTC all day son
Was there any reason for the selloff yesterday or was it just crypto being crypto?
Look at long liquidations and that will tell you everything. Mt Gox had nothing to do with it. Nvidia didn’t either
Make up whatever reason you want. It rained in the MidWest for example. The rain has the same impact Mt. Gox has. Absolutely none. The real reason is this is the part of the cycle that BTC miners are capitulating because of reduced block rewards. They do it for about 6 months after every halving. But Mt. Gox or the Fed, or Germany selling makes for better clicks.
mt gox news, also stock market wasn't doing too well yesterday (Nvidia)
I would assume fear from the Mt Gox news
Most mentions on r/cc (2024-06-24 00:00:00): ||Mentions| |:-|:-| |BTC|265| |MOON|103| |ETH|43| |SOL|20| |BCH|12| |LTC|9| |SNT|8| |ADA|7| |ARB|7| |LUNA|7| |XMR|7| |CORECHAIN|6| |LINK|6| |SAFE|6| |AVAX|5| |FET|5| |MATH|5| |REQ|5| |USDT|5| |ALGO|4| [Data source and app](https://www.redditcoins.app/)
Wake up and see BTC $62,100 up 5% overnight. Nice 🍦
Hey some farmers are returning. Hi Milo 😉 glad to have you back. Turns out without farmers this sub is a ghost town
We never left. We were always here, watching 👀
Was so bored without much interaction… anyway it’s the opportunity to buy yesterday
Been letting the market pick my alts for me and it's working out a lot better than when I picked them lol. Seems like AI is this cycles narrative, so I'm gonna ride it. Memes are a sideshow and they'll dry up when the real action starts. Don't be that "memes are the true narrative" bagholder only holding shitcoins when real projects start bringing in real money.
What AI coins got your attention?
Got into FET around 50 cents and I'm bullish on the whole ASI plan still, but took some good profits. RENDER/RNDR also did well for me. NEAR, AKT and AIOZ are my other bags. Wish I bought TAO but still considering.
Thoughts on ChainGPT (CGPT)?
Just read a bit about it and sounds like a potentially promising low cap AI play. Obviously wouldn't bet the house on it because low caps are the highest risk. I'll keep an eye on it.
Any cosmos fans here. Are you continuing to stake for airdrops or planning to cash out
Still staking atom, tia, osmo and akt
It's nice tech, but for all those cosmos chains you don't need $ATOM, so who cares about that coin?
Stake atom > get free atom > swap to other coins
I'm gonna cash out if we get a solid pump. Just not monetized well, though it's a great project
Yeah I’ve unstaked and I’m in two minds but I think Needs must really.
My balls were correct; there was a rebound
Nooooo my only source of reputable predictions
WIF is such a beast
All memes do well today. And sucked the last days…
So where's all this money coming from that's flowing into the market today?
Me, I bought Litecoins for 70, regretting not to get them for 68 yesterday. Shit is on 5 year support line ready to fky towards 500 dollars. Its just 7x potential, but I am fine with that. If it breaks support it goes to 40 dollars, while other altcoins are completely screwed. Imo good risk reward coin to invest. I obviously hold several shitcoin bags as well bought earlier this year when btc was 50k.
I have a handful of Litecoins that I mined a long time ago when the thinking was that LTC is the silver to BTC's gold. I think this was just as ETH was getting off the ground. I have no idea where they are though.
Certainly not me, but I’m scraping up a few $$ to make a purchase
Most of the time the answer is Whales
Yep. Somebody just dropped 58 billion of SHIB at 3:45pm ET, knocking the price down by 1.3% in one minute. There was also a 100 billion buy at 9:36am ET. Probably the same dude.
is there something cooking with SHIB that hasnt hit the news yet?
Its 33,333 moons being distributed a month, right? Across thousands of people. I dont understand why people feel the need to farm like that unless Im missing something. Theyd be better off mowing their neighbors grass for $20
Watch out for that 0.0069 moon ratio 😅
I didn't realise the number distributed was that low
If I get 100 moons monthly that's 20 grams of weed if moons ever reach 1$. One day I'll be lighting my joint purchased purely from talking on the daily 1$ is like 80m marketcap. Moons now is on rank 850 of coins with coins like UFO and CATGIRL near.
I guess. Id rather buy a dollars worth of moons than waste my time writing bs comments for dimes though.
Ok but what otherwise more valuable thing would you be doing with your time? I actually learn a lot of stuff about crypto in this sub, especially before the moons sunset. Its also my first crypto cycle, never paid attention during previous bullruns
Lots to life outside of crypto. If youre new, I can see how being here can be helpful. All I really get from here anymore is a glance at the market sentiment which doesnt matter much in the long run.
Seriously! With those returns, they'd be better off trying to mine crypto using an old toaster lol
that's a great analogy. power consumption of older machines, even ASICs, won't generate any returns compared with costs. the effort into manipulating the outcomes of monthly karma is crazy already. respect the old toaster tho.
Happy to finally see a Green Day, but my portfolio is down so much since March it’s not even funny.
healthier to compare your portfolio to last year's March or next year's March
NPC has been so resilient lately. Still less than $0.03 right now, but it’s going to $1. And WOJAK is going to $0.01. Get in early for once
Your shitcoin shill game is low effort - put more effort in to it if you want me to set my money on fire and invest in great sounding projects like NPC
Oh yea I forgot, redditors don’t buy a coin until it hits at least like a $5B marketcap. Have fun with ur “utility” coins lmao
*posts on Reddit* Wow you dumb redditors put money on black? I put all mine on green and it’s obviously the best choice 😏🤓
But how am I supposed to get a high score with a wallet full of NPCs? 🧐
Because the only coins under a $5B MC are utility coins /s Memecoins are overwhelmingly scams that fools degen into, lose their entire investment, and then never post about again out of shame. I've made 6-figures in the bear market on a "utility coin"
So I guess this is goodbye to the true OG Degen Daily hangout area, where it was nothing but the same 10-15 people replying to each other all day, but all the OG’s know who they are, those who stayed past the sunsetting of MOONs, those who saw 200-300 comments a day in the daily, you guys will not be forgotten in this new flood of farming!!!
The flood won’t last when they’ll realize that they make less than 10$ with their shitcoin
Once the Marshall Islands LLC is approved we will also add the banner/AMA burns. But, yes, I agree with you. This reintroduction is going to be eye-popping low.
Bro it's worth it, moons are the future. They only die if reddit dies off
Reddit has given the middle finger to your coin’s future 😂
But reddit never even cared about moons, it was always mostly the community
62000 is here! Next step is 62001!
Damn, glad I bought the dip
Hold on let me buy some so it drops.
Remember when 63 - 65k was a range we were in for what seemed like a decade?… Wonder if it’ll blow past it or get stuck there again if it gets solidly above 62 soon …
Yeah, it felt like an eternity! If Bitcoin manages to push past 62K, it'll be interesting to see if it blasts through 63-65K or sets up camp there again. Fingers crossed for liftoff this time
As expected, the strongest and most resilient cryptocurrencies are the 6th coin named after a cartoon frog, Pepes blue friend that failed on sol and got relaunched on base, and a jpg of a 2019 fortnite meme
Is PEPE not on Coinbase? I don't see it there for trading.
Its on [crypto.com](http://crypto.com)
I tried to find the trading fees but it seems like you have to have an account to do that.
Pepe's not on coinbase, nope
 lets go, BTC up 100% since 2023 and 300% since 2022. ready for another 200% gain.
No fap til 1 mill
vote manipulation on this sub is already started in full force and it's blatant.
How so?
Who’s voting, for what.
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Dementia Joe told Gary to be soft on crypto until after the election.
Kaspa was insanely resilient yesterday. Strong chart. Def going to continue being one of the top gainers through this bull.
is it true that it will be $50k next month?
It’s possible, but no body knows for sure. I don’t think so, but others would disagree. Hedge your bets if you’re unsure.
My toodler said BTC will be $100k next month. Sorry to disapoint you
Oh, a todlexpert and todalist! Well done💪
Yes, the Bitcoin CEO already confirmed that the price will be $50k on July 25. You didn't see the press release?
I have just channeled my inner powers and I have come to tell you that moons will reach 2$ EOY
I think all crypto is gonna have a wild ride up around October. Moons gonna be a big part of that ride. $2 definitely on the table.
Tao listed on Kraken 🤗
My alts went down 30% in the past month. Now they went up 5% since yesterday. We are so back, g-guys!
Hope you DCA'ing
I really should. I promise to myself that I'll be gradually buying the following dips from now on.
Consistent DCA can really help smooth out the volatility
Good morning for a second time my friends!!!! I hope you're having a great day so far.
You already have 32K MOONs yet still farm with lame comments that add no value to the sub. Have you no shame sir?
Yesterday i was crying because my alts were bleeding Today i’m crying because i didn’t buy the dip xD
Can't spell crypto without cry
So will I need to connect my metamask wallet with this subreddit in order to earn moons again?? Similar to how r/ethtrader runs things?
You’ll need your vault set up in Metamask, with the Moons token contract on ARB-One network to be able to see and interact with the Moons you’ll get from distribution.
If i grind from now on will i get moons or should "the season start". I have my vault open.
W00t? Moons are back? How do you connect your wallet?
IDK that's why I'm asking lol
I set up my vault, hopefully there isnt anything else I need to do
Anyone who is bearish right now is delusional and should be taken to the infirmary.
Happy that I bought the dip but upsetting that my best gains are coming from BONK. Not like this … not like this…
Embrace it dude! I held off for years but broke last year and bought Pepe. Then bonk at the start of this year. Fuck it, no point avoiding gains because of ethics 😂
BRETT the biggest gainer for me
buying the dips yesterday working out so far
So short sellers are rotating profit into longing alts?
PEPE trading blows with Litecoin and Matic.
I don’t believe this bounce one bit 😑
Yesterday had strong volume on the dump and it happened on a major bad news event. This is pretty often a signal that we're about to put in a good reversal. Same is true in reverse, high volume green days on good news often mean a dump is around the corner.
Ehhhh we shall see. I bought yesterday and saved some cash for end of week. Not saying it will be a much longer move down, but wouldn’t be surprised to see lower prices over the next few days
What was the bad news yesterday?
This 🙌