Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Some people on this sub seem to love praising Litecoin but it has underperformed Bitcoin and Ethereum for years now.

If you want to buy an altcoin over Bitcoin, you have to remember that you're going for a project that will outperform Bitcoin. Litcoin on the other hand, has consistently underperformed the entire market. Looking at LTC/BTC, Litcoin has not put in a new all time high against Bitcoin since 2013. From it's peak of…
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If You Hold Solana, Tell Me Why

I have seen a lot of posts around here lately about centralized coins and as we all know, Solana is a part of that conversation but I haven't seen any posts from people who hold SOL and I would like to hear the other side's perspective. I don't own any SOL and never have, not…
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The hardest part of investing is doing nothing

Making excellent technical analysis? …nope Being good at knowing when to quit? …nope Taking profits? ….may be one of top 3 but not the first one Being a perfect moonshot shitcoin detector? …..that's just pure luck Not telling your investings to your friends/family? ….well that's also top 3 for sure but not the first one…
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Seed phrase

Hi I have stumbled on 21 word seed phrase, but the words are really obscure not in any standard mnemonic dictionary, any idea what app could have generated them? I think the seed may have been generated 4 years ago. submitted by /u/JoeDrater [link] [comments]

So many posts about how 2022 will be a good year for Crypto, you know what that means

Everyone's already so sure how great and bullish 2022 will be, won't be surprised if I see people predicting $1M Bitcoin for January. And we know what happens eveytime this sub thinks we're going up, it means get ready for a crash. I do think that there be a lot more people in Crypto this…
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Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’

The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed its Ontario users that they no longer have to close their accounts by year-end. […]

Bitcoin price fell short of analysts’ $100K target, but what about 2022?

After this year’s monster rally, Bitcoin’s price is at a critical juncture. Analysts expect $100,000 in 2022, but what does technical analysis suggest?

Daily Discussion – January 1, 2022 (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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How Crypto Empowered Porn Creators In 2021: Less Cant More Freedom

The crypto industry saw the opportunity of a lifetime this year when OnlyFans, a platform known mostly for its adult content, announced it would ban sexually explicit content. The crypto and porn industry together represents a very profitable merge that has just started to happen. The world of payment methods has a history of hypocrisy, control, and morals, and it tends to not support anything related to sex work. Reportedly, earlier in the year OnlyFans had decided to shut down all sexually explicit content because of pressure from banks and payment processors. There was a huge backlash and the ban stopped days after its announcement, alleging that the platform had “secured assurances necessary” from the banks. The platform’s founder and chief executive told Time that banks were refusing to process adult content-related payments. “OnlyFans stands for inclusion”, they said, but they had been trying to distance themselves from the porn industry, interested in launching a streaming service –which doesn’t allow adult content. Payment methods have been a burden for porn creators worldwide for years. Their gains are often subject to frozen funds, huge losses, and since there’s not much protection and support offered for sex workers, they need to be extra careful to not become subject to scams and other dangers. So anonymity and safe digital wallets go really well with this industry. Naturally, many creators and producers have started to see an answer in crypto. Crypto’s Not The Only One With A Bad Reputation Cristobal Medoza producer and co-creator of a top Argentinian porn channel called ‘My Bad Reputation’ was one of many to adopt crypto in order to find financial stability and more opportunities. He gave us inside comments on his personal experience, allowing us to take a peek at the industry people love to consume from but try not to support. New platforms are surging that connect the porn and crypto industry. A great niche for all parties if successful –it needs to be simple, safe, and well-executed–. It’s a demystification that goes both ways: the amount of porn consumers is very high. If adult content platforms are related to crypto, this might become a blasting cap of mainstream adoption. Medonza explained that the major porn platforms have already adopted crypto (paying in Bitcoin and USDT), which contrasts with other payment services offered that are very restrictive and using them comes with too many complications and downsides. However, many smaller adult content platforms don’t use crypto yet, and that becomes a major problem that comes with huge fees to convert the creators’ money to digital assets. Mendoza added that porn creators are often affected by the banks, which he claims have closed the accounts of many and frozen their funds when finding out their income is related to adult content. He commented on the OnlyFans sketchy days of adult content baning, alleging that a large of new pornography platforms started to appear, trying to take that big chunk of a very profitable market. There’s always going to be someone that will take a stake at that market because it generates huge gains. At the end, OnlyFans took a step back because they knew they would loose too much money and others would quickly fill into their role. Mendoza stated that his adult content channel takes its payments through Binance, and it has become a great option since “it doesn’t question where the incomes come from, there are no types or morality issues with how we make the money,” plus they can easily exchange it. Further than using crypto as a better payment method, it has also allowed him and his co-creator to make a few investments through trading and hodling. There’s many people from the industry that still don’t know how to use crypto as a tool for payments and administration. I think [they] would greatly benefit from crypto … comissions are low, there’s full control over one’s own income. He mentioned there are many new projects that claim to link the adult content industry with crypto but some are scams, and creators need to be wary and start to educate themselves about cyber security.

Ravencoin Deposits in Texas

I've been mining for a while now, would like to move my RVN into an exchange so I can cash some out, but I live in TX. Binance.us is unavailable here and I have no idea what other exchanges allow RVN deposits. Crypto.com only allows buy/sell. Any help would be greatly appreciated! submitted by…
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