Author: dfmines

Cryptocurrency News and Public Mining Pools

Why DeFi Is More Than A Ponzi Scam

General Conclusion Some people claim that DeFi is a scam ponzi because there are a lot of pumps and dumps. Everything on Twitter is shilling all kinds of different projects. Now there are a lot of risks involved, and the projects are not fully audited. So a lot of people are wondering this is a…
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Evidence That Bitcoin will hit $100,000 and ETH will hit $10,000 by the end of the year

Let me guess you clicked the post, because you wanted some of that sweet hopium confirmation bias right? This is just a friendly reminder that articles with headlines like this are not trying to provide you accurate information, they are trying to generate clicks because it gets them ad revenue. Just go to any major…
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George Gilder: A man who successfully predicted the decline of television and the rise of the internet and smartphones, now predicts that crypto will take over the world.

For those who don't know about him, I would like to introduce you all to George Gilder, a person I think doesn't get enough attention in crypto circles. This guy is the OG tech prophet. He has written many books over the decades that have shaped economic policy both in the US and abroad, notably…
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What would be the implications of ETH becoming a security?

I just saw this post about VanEck and ProShares dropping their ETF applications and now there's speculation that it may be because they suspect ETH will be deemed a security. If ETH is deemed a security what are the implications of that? Does anything actually change? Can't an ETF be made even if it's a…
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Daily Discussion – August 23, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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As someone with < 1 ETH, should i move my ETH to an exchange?

I've seen gas fees go well above 100$ just for transferring ETH, so my consern is they will come to be so high that i won't be able to transfer it without losing most on fees. I guess what e mean to as is: did the new EIPs do anything to make things better in…
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What did I do with my ETH?

Hello! So I was messing around today. Trying to understand the binance smart chain. I think I accidentally sent my ETH to a binance smart chain address (should be my address) unintentionally. Luckily it was only a small amount, but it was still mine!! And I had this in my MetaMask wallet to use for…
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Algorand, and why I chose it

Every day there are posts that tout one new currency/token, or another. Usually they are the same copy/paste or direct links to some fly-by-night "news" article that talks only about how great the new technology is while lacking any real substance. For the most part this is Cardano or Ripple. Of course, there are always…
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Over $228M worth of positions and 60k traders were liquidated in the last 24h.

In the past 24 hours, 60,128 traders were liquidated on their positions, which add up to well over $228M. In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position. The single biggest liquidation happened on an ETH trade with a value…
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[Question] Does anyone else spend way too much time day dreaming of what they’ll do when cryptocurrencies take off?

I work a miserable 80 hours per week in a job I can barely stand — and I'm only in my twenties. So lately I've found myself spending too much time gazing out the window imagining what life will be like when I can finally submit my resignation letter and pursue my passion projects full…
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