Author: dfmines

Cryptocurrency News and Public Mining Pools

For those who sold in November 2021, how did you know that was a good time to sell?

Like many im one of the people that held onto their bags even though I was up x7 on my portfolio. I’m thankful I’m still up x2.5 but man I should’ve sold earlier. However, I got greedy. Now I’m down almost 100k where if I sold, I could’ve bought back in now and doubled or…
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If your portfolio is bleeding right now and you feel bad about it, just remember: if you had bought ICP at the top, you’d be down 97.3% right now

That means it wouild need to increase in value x37 just for you to break even! I scraped the ATH prices of the top 200 coins, how much they're down since then, and when they reached that ATH from Coingecko to see if anything else even comes close. And well… yeah! Zcash is currently down…
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‘Ponzi Schemes Have Created a Negative Reputation for the Industry’ — Uganda Blockchain Advocate

Education and awareness campaigns are still viewed as important channels that draw people to cryptocurrencies and blockchain. This has been particularly true in some parts of Africa where bitcoin and other cryptocurrencies are proving to be a useful alternative to fiat currency. Blockchain Education and Advocacy From Uganda Despite a surge in the use of […]

Bitcoin dives below $33K to fill futures gap amid record BTC ‘hodling’

Bitcoin price losses keep coming but coins dormant for at least a year now account for 60% of the total BTC supply.

Sneakmart’s Metakicks Digitizes Limited-Edition Sneakers As NFTs Through An Upcoming Mystery Box Drop

Finding mainstream use cases for non-fungible tokens is the next objective to take NFTs to the masses. French startup Sneakmart, with its dedication to streetwear, is tapping into the sneaker collector market. The company will bring limited-edition sneaker NFTs to collectors worldwide through mystery sneaker boxes. Sneakmart Modernizes Sneaker Collecting One of the biggest trends in recent years is the acquisition of limited-edition sneakers and reselling them for a higher value. It is a lucrative business that can yield returns of up to 10x the initial purchase price. Sneakerheads love collecting, wearing, and showing off their footwear portfolio, yet it is challenging to get in on these rare drops as a newcomer. Sneakers represent a resale business of over $6 billion annually despite that latter aspect. It is a growing market with rising prices across secondary markets, confirming the demand for these shoes isn’t slowing down yet. However, Sneakmart sees an opportunity to enhance this market through NFT technology. Non-fungible tokens are popular across secondary markets and can often fetch a more than fair price. Sneakmart has established its presence in the sneaker space through a mobile application dedicated to streetwear. That expertise has given the company insights into how buying physical pairs isn’t too different from acquiring digital pairs to collect and resell. Moreover, there is the recent acquisition of RTFKT by Nike, confirming manufacturers’ look toward digital sneakers and accessories as NFTs. The Metakicks Initiative To further pursue the options in the digital world, Sneakmart launched Metakicks, an NFT collection of sneakers distributed as mystery boxes. When users acquire a Metakicks mystery box, they won’t know which sneaker pair they will get. Users can open the box and use their NFTs in the metaverse or resell the box on the secondary market. A total of 6,250 Metakicks boxes will be made available come February 2022. Sneakmart Co-founder and CEO Anthony Debrandt adds: “Sneaker addicts love to collect and wear a lot of sneakers. Everyone loves sneakers today, everyone wears them. With Metakicks, we want to give the opportunity to start collecting digital sneakers through unique designs.” Every pair of sneakers adheres to one of the 15 unique 3D animated sneaker designs. In addition, there are four tiers of rarity: epic, super rare, rare, and normal, each with different quantities. Some of the designs will feature unique editions featuring celebrities, adding an extra layer of excitement and surprise to these mystery boxes. Furthermore, buyers of the mystery box have a 10% chance of winning a physical pair of limited edition sneakers. Those odds are over 20% as high as trying to participate in a physical sneaker drop. Metakicks is also getting a series of 1-of-1 pairs through collaborations with brands, such as Savoir Fair Paris. It is an excellent way of bridging the gap between physical and digital sneakers, NFTs, and collectibles.  

Warning: Coin Bureau’s YouTube channel has been hacked and the hackers have released a new video telling everyone to buy a new scam coin

Coin Bureau's new YouTube video titled, 'One World Cryptocurrency' is an obvious scam. Most of the comments on that video are probably bots. Its a 1 minute video and it just contains some slides on how to buy the new scam coin. Not sure if coin bureau is the only one affected by this hack.…
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Crypto exchange's Twitter gets hacked by ‘disgruntled employee’

Latoken’s Twitter account started to publish accusations of scams and mistreating employees.

You will know when the bottom is after you miss it

The only way to know when the bottom is, is in hindsight after you have missed it and see everything start to gain in value again. So to those trying to time the market and not buying till the very bottom it is very likely that you will continue to wait for cheaper and cheaper…
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You should always save a certain amount of money and keep it for these situations when market prices are down.

And I did not do that, so don't be like me. Even though I said it before and even though I have written it now and even though I have been saying it to myself for the last 5 months greed has done its thing and I have not saved a single dollar, euro or…
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