Bits.ca – Bitcoin & Crypto Currency News & Resources

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Welcome to the Daily Crypto Discussion thread. Please read the disclaimer 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 be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here. Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.   Rules: All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect. Discussion topics must be related to cryptocurrency. Behave with civility and politeness. Do not use offensive, racist or homophobic language. Comments will be sorted by newest first.   Useful Links: Beginner Resources Intro to r/Cryptocurrency MOONs 🌔 MOONs Wiki Page r/CryptoCurrency Discord r/CryptoCurrencyMemes Prior Daily Discussions - (Link fixed.) r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.   Finding Other Discussion Threads Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted. u/CryptoDaily- — Posts the Daily Crypto Discussion threads. u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads. u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads. u/CryptoNewsUpdates — Posts the Monthly News Summary threads. submitted by /u/CryptoDaily- [link] [comments]

https://etherscan.io/gastracker The average Ethereum network gas price (gwei) has been floating around 10 for the last week or so. Less so outside of US trading hours. That's under a dollar to move your ETH around, organize your wallets, or get rid of that small bag that wasn't worth selling because of fees. It gave me opportunities to collect some yield I've been gathering up the last few months and bridge some ETH to an L2. These low fees will last until the market gets exciting again, which could be any time, so take a moment to do some housekeeping. Some people may not follow the gas costs of Ethereum as closely as others. If that's you, now is your time to tidy up those wallets. ​ submitted by /u/tilac [link] [comments]

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​ https://preview.redd.it/1awl671333vc1.jpg?width=959&format=pjpg&auto=webp&s=329adad185378d1f320a443485f3d21f9642af28 As you all know, the halving event happens every four years and can change the value of bitcoin. In 2012, when the first bitcoin halving happened, bitcoin was still new. People were just starting to pay attention to it, but big banks and government rules were not sure about it yet. The price of bitcoin went up and down, but not by a lot. It was around this time that Coinbase started. There was also a big scam that happened, so other things likely effected the price more than the halving. By 2016, more people and businesses started accepting bitcoin, and it became more popular. This was also a year when a lot of things were happening around the world, like the Brexit vote and changes in Chinese money, that made more people interested in bitcoin. New York made some new rules that helped make things clearer for bitcoin businesses. This year, there was also a big focus on making bitcoin work better and faster through the Lightning Network. In 2020, even more big companies started to use bitcoin, and it became a way for them to protect their money against big changes in the world economy, like the COVID-19 pandemic. The price of bitcoin went up, and more rules were made in Europe to help manage digital money businesses better. This year also saw new technology to make bitcoin more private and efficient. Overall, bitcoin halvings didn't have as large affect on the price immediately, but as you can see on the chart, the price went up shortly after. I believe similar will happen this halving, a relatively steady price going into it and a slow but steady rise to 90K or so by the end of the year. So stack those satoshis and be sure to avoid CEX (I've been burned, plus its a good idea to avoid stricter governance and fees). Use a direct on/off ramp like Moonpay or kado.money to buy without having to go through a CEX. Coinbase and Robinhood are terrible for fees folks. Okay, end of my crusade - let's wait and see what happens! submitted by /u/ChodeMcGee [link] [comments]

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I’d like to remind newer people on this sub that crypto influencers with the craziest predictions are most active when the market is overheated. Some buyers not only buy into these predictions, they confidently start spreading them. See this thread from 35 days ago. It was on a post about a person cashing out when btc was around 70k. Many people in the comments were very insistent that OP of that post had made a huge mistake by selling at the start of a “massive” bull run. You can see my back and forth with some very confident people. It is not to say that the bull run is durably over, but it does seem like we could be entering into a cool-off period, at the very least for the altcoin market. I hope that we use this as a reminder to be humble in our opinions when it comes to crypto market. When BTC price goes up, it not only lifts many altcoins with it but also the confidence of many crypto investors. Please stay humble, and remember to take profits along the way. submitted by /u/daarhi [link] [comments]

We've started a movement on the MOON sub to get the broader crypto community to talk about Moons. Project Apollo is a community-driven virality program intended to get our beloved MOON trending on X by blitzing Crypto Twitter in a small window of time during the next full moon. We've been doing missions every other day for about a week now and want to bring that positive energy over here as well. And what better way to spread the love of Moons than with MEMES? Previous missions included coordinating hashtags, networking with CT influencers, testing Twitter Spaces, and more. Today's mission Create memes and promotional material. We need a way to visually communicate the good vibes of MOON. Post your favorite MOON memes below and let's have some fun during these red days. User u/stonkgoesbrr posted a great example here. And here is what it looks like as a scheduled tweet as discussed in the previous post! In fact the post on the Moons sub is full of great examples like this one by u/Inside-Effective-353. Please share memes and promotional material, be it images, videos, GIFs or anything else related to $MOON, that we can use on Twitter during the Apollo raid. As discussed in the original post, all coin eruptions happen on Twitter. I don't like Twitter either but that is just a fact. We need a coordinated effort in a very short period of time to go trending/viral, so we can be an established name in the space and onboard new community members. We'll use the full Moon, which people will already be talking about, as an orbital slingshot to trend our keywords. On April 23rd, around the time of the full moon (depending on where you live) and according to this countdown, we will raid CT to flood the timeline with tweets about $MOON, our hashtags, promo material, Twitter Spaces and more. But it all needs to happen in a window of a few minutes when the countdown expires. Check the time in your time zone here. Let the memes begin! submitted by /u/Deeyennay [link] [comments]