search
Hi, I'm doing research on Quant and came across this:
The Quant Network also allows people to create smart contracts in blockchains that don’t even support them (like Bitcoin). People can also use Quant to create multi-chain apps, also known as mApps. These mApps are able to run on multiple chains simultaneously because they require different features from different networks.
And i wanted to know if there is any other projects out there that do this?
source: https://phemex.com/academy/what-is-the-quant-network
No negativity please.
This post is at the top of the sub right now. In it, OP claims that he "accumulated his wealth" by combing through the vast sea of microcap shitcoins on CoinGecko and picking winners.
Don't listen to him.
First, even if a project meets all 7 of his criteria, there's still not a "good chance" that it will become valuable. There are tons of well-intentioned projects that go absolutely nowhere. And if we have anything like the bear market of 2018, then it's probably going to zero.
Second, OP is lying about his success. Just 16 days ago, he made this post asking how to find tokens before they pump:
I try to get in early, but it's so hard to find these gems. Anyone have a technique? I'm baffled that people are making 100x on a regular basis. Here I'm crying in my 5% gain per year coins :(
Maybe one day I'll get lucky too, but so far I've been hitting flat liners. One thing I heard is that people look into rank 1000-5000 market cap coins. But those seem so risky. What red flags are people looking at, and what are signs of healthy projects? I think doxxed teams are probably a good sign these days after all the scams. Anything else?
So we're to believe that by some magic, he went from having zero success to amassing wealth through shitcoins, all over the course of 16 days. Incredible.
Stop upvoting this hopium, guys. Don't invest into microcaps expecting to make any serious returns, especially with the market the way it is right now.
(Props to /u/Moronicon for finding the old post!)
So something I seen in the past is places like dog groomers and what not that might accept crypto, and then they get mad because it doesn't drive a lot of business to them. The fact is, crypto is still pretty new and you can see this in search trends. But the use case honestly isn't there in most cases. At least not yet.
IMO the best types of companies to accept crypto is travel areas. So here is a pretty good example on why. This video is about how just traveling to another country, you can end up wasting a bunch of money converting and using an ATM. https://www.youtube.com/watch?v=rdYhm__yMQY
This in itself can drive away possible customers since they have to waste money converting to another fiat or they might have to worry about if they converted enough. Crypto bypasses all of this
Another is the simple travel even within a country. Bank fraud can stop a card from being used if it is used in multiple states in the USA or if you travel across country and didn't tell the bank. Same if you travel to another country even if the other country is walking distance. This means the customer has to call up the bank, they have to sit on hold, explain what is going on, wait for the card to activate again, and so on.
Again, crypto bypasses all of this.
And then again in travel. Lets say your family member or friend is traveling and runs out of money or short on fiat. Like they converted and don't want to waste money in converting more. You can simply send them crypto and fractions of a second depending on the crypto it will get to them. If it is like Nano, then the transfer is free also.
If you want people to use crypto in your shop, and are having problems getting people to use it. Then ask yourself from their point of view, why they would switch from something they know. Is there an actual benefit or is it just neat?
When you are converting fiat and having to waste 15% in conversion fees. It makes sense because the customer is keeping 15% of their money.
And btw, if you know someone traveling or if you know someone apart of a shop that gets a lot of travelers. Send them this.
So I was thinking about my trading tactics for the upcoming week. Barry Silbert’s idea (see his Tweeter account) is that this week the coins were down because of the tax selling, meaning that starting from Monday we can expect a rise. At the same time, looking at most ideas on the Tradingview the price should go down. Some say that at first the price of Bitcoin (and hence other coins as well) will go up to 44,000 and then will drop to 37, 33, 27, 22k. So my question is: Do you believe the price will go up in the upcoming week before going down significantly? Or do you think it will go down straight away without any rise? If you think all of this is false, then what’s your idea? Thanks
A few months ago despite having been investing on and off since 2019, I made arguably my most noob mistake in investing.
I’d been in the process of moving all of my coins from Binance to other exchanges. A section of them were going to crypto.com. I started by sending a small transaction to make sure if got the right wallet for my first transfer. That went fine so I sent over the remainder of my xrp. Next up was ckb, followed shorlty by ONE, same process, all fine, then rather than do a small test payment I just sent my whole holding of FTM over…. Nothing.
I assumed it was a delay on the network, checked back in 20 mins, nothing. Then again an hour later, still nothing. Gave it a day and then started to think I might have fucked up.
Turns out I’d sent FTM using the wrong network so it was just stuck in the ether. Spoke to cdc staff who were really responsive and helpful but they could only recover the FTM if I paid $100 which was more than my holding was worth. I was pissed but couldn’t do owt so just forgot about it and chalked it up as a stupid mistake and to learn from It an move on.
Fast forward to a couple of days ago and bam. FTM is in my account! They must have added the FTM network to cdc now so it automatically popped into my account. Absolutely mint!
I want to hear your best crypto mistake/recovery stories: there have to be some good ones out there.
Because ALL the projects are being used as algo-scalping ground by hedge funds and institutions to feed BTC and ETH (though mainly BTC). ALL projects that are listed on any exchanges are, whether they like it or now, directly and indirectly tied to BTC and it's movements. Because all algos are in turn tied to BTC and depending on how BTC moves, so will this directly affect the project that is listed with these pairs. It's like having a straitjacket agianst your will strapped to you. Considering that fiat pairs are so widespread, there is no other reason to keep BTC-pairs alive other than for big financial institutions to use these pairs for scalping every other project. Which is basically ALL projects under the crypto-slogun.
Projects whos futures HAVE NO BEARING whatsoever on BTC are being dominated by BTC. This is a completely and utterly uneccesary layer of impact on a project, yet its a dominating factor of any project. I'd assume any project is interested to have as high valuation as possible. Circumventing BTC and allowing only for fiat-pairs to trade would end this stupid BTC dominance which has nothing to do with projects future success.
Yes, it does make me angry to see algos literally drop the price down on miniscule volume, because BTC is dropping $100. This is beyond annoying.
And no one really cares.
I run a motorcycle workshop dealing with usually fairly large job such as race bike conversions, crash damage etc and I recently took the jump to accepting BTC payments.
I launched this on my website along with the Facebook and Twitter pages. I also have added it to my invoices and even mention it as a payment mention to anyway who asks over the phone/in person. I have a 10% discount for any invoice paid in Bitcoin for the first 10 customers.
It’s been 6 months now and every time without fail it is “I’ll pay by card please”. Not one person has shown any interest in Bitcoin or cryptocurrency in general.
It’s strange because in the circles I’m in (including this sub), crypto is a part of every day life and it’s easy to think this carries over to the general public.
For now at least I think we are still so far away from mainstream adoption. Especially with my usual customer stereotype - 40’s and somewhat successful.
I’ll keep trying and see how it goes.
Maybe I need to start accepting doge and get to work fixing scooters instead!
Edit: doge not dodge - autocorrect but it’s not far wrong.
Is there any other blockchain similar to this below? If you know, please share it with me.
Fiat is native to the Public Mint blockchain and network fees are paid in fiat. This greatly improves usability by allowing users to immediately interact with the blockchain without having to acquire additional crypto assets.
The dollars are in custody of multiple banks and they are FDIC insured. You can fund your account via bank transfer or USDC (which automatically turns into dollars). You can also withdraw via the same methods, making Public Mint a good on/off-ramp for crypto in general.
Let's admit it. Many are just sitting on a ton of shit coins and alt coins purchased at ATH or somewhere in between and they have done nothing but performed horrendously and now your portfolio is in red. So we stare at charts daily with hopium somehow someway that or those coins can magically spike so we can recover some investments be it by cashing out or swapping that token to something with better use case and longevity. I know personally I have made some dumb degen moves which I regret but thats just part of the learning curve. Don't beat your self up for it. The market is very unpredictable and the cards are currently stacked very heavy against this market be it war, inflation, regulation, FUD whatever. Its always going to be something.
I'm a believer the market will thrive eventually. It may not happen this year. Things could get worse before they get better but if your outlook and investment plan was built on long term HODL you will be fine. I have a strong conviction about this. Now if you are staking or yield farming then you will do even better.
Going back to my original point is like me many are just going to sell off like crazy on all these investments that have us down and that's ok because its a free market. I made some bad decisions and i plan to correct them. I just hope these half ass projects or phony ones withstand the test of strong bear market because if they don't many of us will be effed. Since those days I have learned that taking risks is fine in some instances but at he end of the day there is just a handful of crypto projects that are a safe bet. I won't shill any of them. By now you should know. You have been in crypto long enough to read and research what you should invest in and what you should stay away from.
Keep your head up until the next bull run so you can dispose of those negative red portfolio cheap ass alt and shit coins. They aren't taking you to the moon.
So, first of all this is not a post asking you to shill so pleae do not shill. Now the question i wanna ask you guys is, what coin do you think have tremendous potential but is currently not very known due to some strange reason. If you do mention a coin please do share what that coin does and why you think it have potential.
I feel like alot of coin with great potential are still out there but they are not yet known because they have only existed recently and because there are too many goddamn crypto out there.
So, basically what i'm asking is what coin do you think have the most potential outside of the top50.
Also, no meme coins please, crypto with a name that involves safe, inu, musk, shib their info are not needed
Just now when googling my recent Reddit post to try and see when I posted last, I found multiple 'news' websites (super spammy ones) that completely copy and pasted my article and posted it to their site. Here are some examples:
https://topicnews.io/i-spent-5-hours-researching-what-a-dao-is-so-you-didnt-have-to-r-cryptocurrency
Maybe I should be ‘honored’ they at least post my user name with them, but now I'm suspicious that some of my 'followers' here are on Reddit just work for those sites and see which posts of mine start trending the hardest and repost them accordingly. Welcome to the internet I guess.
And now seriously, the market might reach a point where it's gonna crab forever and basically be stable, and that's not necessarily a bad thing.
The volatility is nice for profits, but at some point we'll reach a spot where people or companies just hold crypto and use it for everyday stuff, but no dramatic changes happen in the market.
This is not a very bullish post, but it's possible we might have reached a point of stability with crypto, or reach such a point in the near future.
Hopefully I'm wrong though, it's boring being crabby like that.
Hey guys, I have been investing since 2021 (still a newbie) and focused mainly on large-mid cap L1s as I believe in the value of the infrastructure. Made some swaps here and there as I was DYORing various projects, and built a portfolio with a stable set of crypto that I believe in. Nevertheless, I feel I have been spreading my portfolio too much and would like to ask you guys which coin among the ones below do you think has the least mid-long term potential, as I am thinking to reduce my exposition to less than 10 coins.
Here my allocation: BTC 15% ETH 15% LUNA 15% NEAR 10% DOT 7% SOL 7% RUNE 7% ATOM 6% MATIC 5% AVAX 4% ALGO 3% FTM 3% ONE 3%
% of allocation follows mainly my desired exposure although I didn’t actively rebalance and some of these coins ended up being affected more than others by the current price action (e.g., LUNA became dominant in the portfolio while ALGO, ONE and FTM decreased more than expected)
It would be great if you can explain below in the comments the reason of your choice - thank you!
By leveraging the HCS (Hedera Consensus Service) and HTS (Hedera Token Service), DOVU provides an audit trail for all carbon credits. From farmer to consumer.
This ensures a trust layer that carbon credits have desperately needed.
Last year, DOVU released three main products:
Carbon Market Cap - Carbon debt & token balance Carbon Marketplace - Buy & sell carbon tokens Carbon Calculator - Tool for upcoming DAO
Carbon offsets are projected to become a $100 billion + asset. DOVU is positioned to become the go-to tokenized data economy for DeFi carbon offsetting.
Check out their blog 👇 https://thf.link/3HH22P3
Go green! https://dovu.earth/en/
As more and more cryptocurrencies appear, there seems to be a trend lately to skip recreating the wheel and just creating an EVM and porting over established projects to these new EVMs. The most recent being smartBCH.
Many of the original crypto currencies (Litecoin, Dogecoin etc) were code forks of Bitcoin. Is this more of the same trend?
Would you rather invest in a coin that seems to completely innovate and have a novel new approach from scratch or do you think it is better to use a battle tested system that has years of development behind it already?
So many people talk about staking as a safe way to earn passive income, but I don't think enough talk about coin inflation.
12% for Polkadot sounds great until you find out inflation is about 10%. Still, "plus 2%" is still better than the "minus 7%" like we're getting in savings accounts due to fiat inflation.
But then there are coins whose inflation roughly matches staking rewards. Or worse, coins like Algo with a 5% stake reward and 22.5% inflation rate. https://messari.io/asset/algorand/metrics/all
Can staking these coins still be called passive income if the coin inflation rate eats the whole staking reward and then some? Is the value of these types of coin solely coming from the speculation of long-term utility and bringing buyers on board to pump the price?
Edit: clarified inflation to 'coin inflation rate' (I'm not trying to hedge against fiat inflation)
FTX Card
- Visa
- No fees
- No rewards
- Spend crypto or USD
This is basically a card you get not for the rewards, but purely the ability to spend your crypto/money.
___________________
Robinhood -Waitlist
- Mastercard
- No cash back
- 10%-100% weekly with cap of $10 a week
- Round up auto investing. Basically, they invest the round up "for you".
IMO don't get this. There is far better options
__________________
Crypto.com Blue
- Visa prepaid
- 1% paid in CRO
- No fee
- No staking required
IMO this card isn't a good one due to the up to 1%. There is better options.
__________________________
Nexo - Waitlist
- Visa
- Up to 2% cash back
- Earn BTC or Nexo
- Get BTC for signing up
IMO this card isn't a good one due to the up to 2%. There is better options.
_________________________________________
SoFi Credit Card
- Mastercard credit card
- No annual fee
- 2%
- Rewards are in crypto, stocks, or fiat.
- Other rewards that might be worth looking into
This honestly could be worth it for many IMO.
______________________________________________
Crypto.com Ruby card (red)
- Prepaid Visa
- Required $400 staked (you lock this amount while you use this)
- Free Spotify
- 2% rewards that are paid in CRO
NOTE: Find promotion links because this can max out your rewards
_______________________________________
Gemini - Waitlist
- Mastercard
- 3% dining, 2% groceries, 1% everything else
IMO not worth it
_____________________
Venmo Credit Card
- Visa credit card
- 3% top category, 2% mid category, 1% everything else
- Rewards are in BTC, ETH, BCH, LTC
______________________
Crypto.com Jade or Indigo (green or purple cards)
- Required $4k staked (you lock this amount while you use this) 10% APY
- 3% on everything which is paid in CRO instantly
- Free Spotify, Netflix, and LoungeKey.
I'm not sure why you would pick green over purple. I think it is the same, but you just get to pick your color.
___________________________
BlockFi Credit Card
- Visa credit card
- 3.5% for the first 3 months, 2% over $50k/y, 1.5% everything else
- Rewards paid monthly
- Rewards BTC, ETH, LTC, USDC
- No fees
_____________________________________________
Coinbase - Waitlist
- Visa
- If you pick your rewards to be XLM, GRT, AMP, RLY then you get 4%
- If you pick BTC, ETH, DOGE, DAI then it is 1%
- Spend crypto or fiat
- No fees
IMO if the Netflix and other rewards isn't worth it for a $4k staking on the Crypto.com card. IMO this is a very good pick.
______________________________________________
Crypto.com Rose Gold or Icy White card (Beige/Pink or white card)
- Required $40k staked (you lock this amount while you use this) 12% APY
- 5% everything paid in instant CRO
- 10% Expedia for $50 a month
- Free Spotify, Netflix, Amazon Prime, LoungeKey + guest
- +2% CRO Bonus
________________________________________
Crpto.com Obsidian (Black)
- Required $400k staked (you lock this amount while you use this) 12% APY
- 8% everything paid in instant CRO
- 10% Expedia for $50 a month & AirBNB up to $100/m
- Free Spotify, Netflix, Amazon Prime, LoungeKey + guest
- One time PrivateJet promo thing. This isn't worth it, the drink you get is something like $300, and this entire thing seems like a joke at best and an insult at worse.
- +2% CRO Bonus
_________________________________________________
Binance Card - Not available for USA, UK, Canada, AU, and almost everywhere other than 31 countries
- Most of the world can't use this. Only 31 countries can use this.
- Visa
- Tier 0-600 BNB
- 0.1% - 8% on everything in BNB
- Transaction fee up to 0.9%
- Earnings are capped
________________________________________________________
Voyager - Waitlist
- Mastercard
- 9%* (There is a bunch of things that make it not 9% and I can't find the real numbers)
- 3 Loyalty tier staking VGX
- Annual 0.5%-1.5% bonus
IMO This isn't a good card because the sneaky stuff
___________________________________
M1 Credit Card
- Visa Credit Card
- Category 1 10%, 2 5%, 3 2.5%, and 1.5% on everything else
- Earnings capped at $200/m
- $95 annual fee, but waved if you have a M1+ membership but it cost $125
___________________________________________________
Summary
IMO a good starter card is the Coinbase card or the Crypto.com green/purple card. But if you have the money, the higher Crypto.com cards is worth it IMO.
Just note the fees. So if you have Coinbase One with is something like $30/m then the Coinbase card IMO is 100% worth it. It is likely you are getting enough rewards, and the trading fees are gone. Note Coinbase One doesn't cover Coinbase Pro, so you will still get fees and what not on that.
But assuming you don't have Coinbase One. You need to ask yourself if you're OK with locking in $4k of CRO which might go down in price so you would want to lock in more. And what are the fees on converting the rewards to fiat or other coins.
Beyond that if you are OK with locking in $40k or $400k, then the higher CRO cards are worth it IMO.
