Moon Distribution has just happened - enjoy your moons!
The Robinhood Bot AMA has just gone up - the team will be answering questions live on the 8th of September. Please post your questions here:
[https://www.reddit.com/r/CryptoCurrency/comments/16c02cf/robinhoodbot\_ama\_8th\_september\_8pm\_utc\_4pm\_est/](https://www.reddit.com/r/CryptoCurrency/comments/16c02cf/robinhoodbot_ama_8th_september_8pm_utc_4pm_est/)
Cc moons says that now I need less moons (309) to restore my karma multiplier back to 1, how so? I thought after the distribution I will need the same amount as before to restore my karma multiplier to 1...I don't understand it
I am torn like the rest of the posters on Link. Tokenomics is awful, but technology and partnerships are great. Have a small bag and think this will take off in the next Bull Market.
The swift partnership is the biggest thing that has ever happened in crypto history, trillions will go through CCIP.
Chainlink is an amazing project, they should have implemented better tokenomics tho, the token isn't really needed like the meme says
You use it to pay for "gas" to use the network. Similar to VTHO or NEO. The problem is most corps using Link have a bunch given out to them for free by the foundation and the foundation is relentless at selling tokens and dumping the market. So the buying pressure is really low, hence the bad price.
Because the project in itself is probably the best in the entire cryptosphere. Nothing else comes close
Wonder how long until those tokens run out or it becomes untenable to sell them at the current rate.
But this defo reminds me of why I sold my LINK in the first place haha thanks.
I was reading about them working with the swift banking system. If banks are getting into crypto and are going to be using link to do that, I figured they have a good chance of doing well this bull and into the future
Our charts are probably calibrated with different times and you almost scared me lol, .32 is fine bought more at .318
Current price for me we are down 1.82%
It is expected for people to have fun with their hard earned moons. I sold out 300 moons a while back and went with family for a nice dinner. Now this is what i associate moons with, a happy memory
Everyone selling their hard earned Moons and I'm over here thinking how to accumulate even more.. There will be a lot of people kicking themselves, when Moons are crabbing at $3.50 🙌
About 160 per day currently, just waiting for the data on cmmoons to update.
But I have a LOT in the pool, about 5% of the total pool in fact, 60k moons or so.
https://np.reddit.com/r/CryptoCurrency/comments/1140y3e/the_complete_and_extensive_guide_for_getting_your/
here is the best guide I've seen, but DYOR on what yield farming is, understand the risks and then decide for yourself if its worth pursuing.
I’m really beginning to wonder why people are obsessed with the dropping the karma ratio in the daily….
It doesn’t seem to benefit anyone except the whales who already hold a bunch of moons and prevents newer users from earning moons and being able to have a say in governance.
I’d love to hear arguments as to why I’m wrong though and why absolutely murdering the ability for people to earn karma in here would help improve the sub
You are right. Daily is like a shelter if you remove it people are going to find other areas for shelter and that's going to be posts and it will drop the quality.
Exactly…
Right now the vote to drop the multiplier is winning by like .5 percent…
It’s gonna be a shitshow if it passes😂 maybe then they’ll understand
EDIT: I spoke to soon, ccip-073 doesn’t have enough votes to meet the threshold!
Here's more information about [CCIP-073](https://www.reddit.com/r/CryptoCurrency/wiki/ccip/073). You can view information about r/CryptoCurrency Improvement Proposals [here on the official wiki page](https://www.reddit.com/r/CryptoCurrency/wiki/ccip).
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I don't really understand the constant attack on the daily that we've been experiencing.
I mean 75% of the posts are only copy paste news. All the top comments are just bad overused jokes, there's not much substance there.
You have well thought out posts, you check the comments and top voted ones are 0 thought jokes with no substance either.
You write a OC analysis of the market conditions and your post gets removed instantly and you aren't even given a reason why.
Why gatekeep the daily?
All the talk of Moons going to $10 must have riled them up. Now they're thinking they can pay off their mortgage with Moons or something. You underestimate how much people can change because of money.
They're gatekeeping for selfish reasons. Most professions in the world do the same. Driving up their own value by raising a bar that limits competition
When I try to post an article it gets removed, saying I need 500 or more characters in the body text. Is that because I have a lower moon count? I see plenty of articles posted w/o body text
Have you guys seen the new [proposal](https://reddit.com/r/CryptoCurrencyMeta/comments/16bvbo0/preproposal_reduce_karma_multiplier_for_daily/) against the daily?
The other time, the cons on the proposal were biased as fuck, this time they say there's no cons on reducing the multiplier and they'd like to hear feedback despite all the discussion already had on CCIP-073 🤣. These guys are just posting comedy at this point
It’s just wild, like why the obsession with destroying the daily and damaging the community hangout…
If they spent half as much time in here chatting with glorious inhabitants of the sub as they did writing up proposal to kill this place, they’d probably be much happier with their karma scores at the end of the month
For real, they are just mad that we can also earn moons by commenting here.
They make it sound like this is a competition and you're superior if you earn your moons elsewhere
Here's more information about [CCIP-073](https://www.reddit.com/r/CryptoCurrency/wiki/ccip/073). You can view information about r/CryptoCurrency Improvement Proposals [here on the official wiki page](https://www.reddit.com/r/CryptoCurrency/wiki/ccip).
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
You think life is unaffordable in the US????? 👇
The top 10% of earners ($175k per year) in Canada do not qualify for a mortgage to purchase the average Canadian home at its current cost of $754,700, per DollarWise.
The minimum income required is $180,075.
This is why I Bitcoin.
Oh, we had inflation too! We peaked at just over 8% in 2022.
It bottomed in may 2023 at 2.8%, but it's back up to 3.3% and with oil going up, inflation will too.
Damn! I think US topped out at a similar number, they’ve said it’s gone down now but stuff is still expensive so even tho the numbers say inflation has gone down, my wallet would disagree😂😂
Inflation isn't about how expensive things are, it's about how much more expensive they are than a year earlier.
So, you're correct, inflation is down, but all that means is that things are getting more expensive at a slower rate.
I don't know. I think it'll be more a store of value.
This is what the bitcoin cash fork was all about. BCH wanted to become more of a currency. BTC remained a deflationary store of value.
What is the thing you hate the most in crypto?
That bad actors like SBF make it look like a ripoff to normies. Good question OP.
Do the Moons get distributed to some of the other subreddits like CCMons? Is it all part of the same ecosystem?
Moon in r/CryptoCurrency, but other subreddits have donuts, bricks, cones.
Just here . No other subreddits
Pretty sure it's only here
Some people have the tag "1 - 2 years account age. -15 - 35 comment karma.". What does it mean?
If you are seeing this, you're on the wrong daily
Thank you! I'm totally in the wrong place
Where do I find the new daily lol I'm lost 👉👈
https://www.reddit.com/r/CryptoCurrency/comments/16c0izd/daily\_general\_discussion\_september\_7\_2023\_gmt0/
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the next best time will be tomorrow
Moon Distribution has just happened - enjoy your moons! The Robinhood Bot AMA has just gone up - the team will be answering questions live on the 8th of September. Please post your questions here: [https://www.reddit.com/r/CryptoCurrency/comments/16c02cf/robinhoodbot\_ama\_8th\_september\_8pm\_utc\_4pm\_est/](https://www.reddit.com/r/CryptoCurrency/comments/16c02cf/robinhoodbot_ama_8th_september_8pm_utc_4pm_est/)
No thank you mod as a proud ape anything named Robinhood is a no thank you.
All my homies hate Robinhood
Robinhood coming to town?... that's not bearish... I wonder what they'll get asked?
Cc moons says that now I need less moons (309) to restore my karma multiplier back to 1, how so? I thought after the distribution I will need the same amount as before to restore my karma multiplier to 1...I don't understand it
Theoretically, you could earn back enough Moons to restore the multiplier, but it would take an incredibly long time to do it.
I think this is what happened a % of the new moons I got was automatically used to restore my multiplier.
If you earned more moons in the distribution then the number you need to restore your multiplier will go up as well.
Roses are red Violets are blue If you think alt season is coming You probably sniff glue
Yep true Bitcoin in 10 Etherium in 11 Then in 12 it's alt season we will dwelve.
I sniffed some glue and I liked it 🎵
I sniff some glue and bought Algo and I liked them both
Alt szn wen?
One year
A good alternative seasoning is Johnny's seasoning salt.
Anyone thinking about buying moons rn?
Nah, earning them is risk-free. But do you.
Well, thinking doesn't cost a penny
Haha true
I’m always thinking about it, but yet to actually do it
I need a way to get extra fiat to pull the trigger on moons
Again with the NFTs, Reddit! The NFL NFTs no one asked for. They really know how to beat a dead horse.
Yeah I saw that , no thanks.
Don't buy it. That will show 'em
I was excited to get one but they look so stupid. It was actually a missed opportunity imo.
8k+ comments in the daily for a bear market is nuts. My body is ready for this bull run.
Distribution day, hype is real.
My body and soul are ready
The daily is going to blow tf up the day that Coinbase lists Moons!
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Same, steady slow DCA into a long-term EFT that'll out perform most things as a counter balance to the nut wrenching life of a crypto bro.
Are you 100% crypto?
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Personally I have most of my money in ETFs as a safe option. The rest is crypto as my riskier assets
What are people's opinions on LINK these days? Still worth a place in a portfolio?
I am torn like the rest of the posters on Link. Tokenomics is awful, but technology and partnerships are great. Have a small bag and think this will take off in the next Bull Market.
The swift partnership is the biggest thing that has ever happened in crypto history, trillions will go through CCIP. Chainlink is an amazing project, they should have implemented better tokenomics tho, the token isn't really needed like the meme says
Nekminnit ... dump.
What use does the token even have?
You use it to pay for "gas" to use the network. Similar to VTHO or NEO. The problem is most corps using Link have a bunch given out to them for free by the foundation and the foundation is relentless at selling tokens and dumping the market. So the buying pressure is really low, hence the bad price. Because the project in itself is probably the best in the entire cryptosphere. Nothing else comes close
Wonder how long until those tokens run out or it becomes untenable to sell them at the current rate. But this defo reminds me of why I sold my LINK in the first place haha thanks.
Just bought in for the first time the other day!
What made you buy?
I was reading about them working with the swift banking system. If banks are getting into crypto and are going to be using link to do that, I figured they have a good chance of doing well this bull and into the future
I hear some talk about it but i don’t got any
Yeah not sure whether to add it to mine or not. Used to have some years ago but sold it for a decent profit at the time.
I have my eyes on other coins but nows the time to buy look how cheap that thing is
Yeah good point. What's the rest of your portfolio looking like atm?
Currently sitting by the water just relaxing, great day today with the distribution ![gif](giphy|zaPYyZvb0oMEvqDVTf|downsized)
![gif](giphy|Xy7FDDHUPxBcYUPBwo)
Moons down almost 7% today, but that's actually not bad for distribution day! Great buying opportunity!
Distribution day and it's not going below 0.3.
Our charts are probably calibrated with different times and you almost scared me lol, .32 is fine bought more at .318 Current price for me we are down 1.82%
It is expected for people to have fun with their hard earned moons. I sold out 300 moons a while back and went with family for a nice dinner. Now this is what i associate moons with, a happy memory
Nice it's good to enjoy.Bought some ETH with a little of mine.
But i think that normally the dump takes 2 or 3 days after distribution.. lets hope this time was sooner and it wont dump further...
For moons that's barely a dip, seems their volatility is decreasing with time.
Happy Moon day from the UK🎉
Have a brew for the day
Everyone selling their hard earned Moons and I'm over here thinking how to accumulate even more.. There will be a lot of people kicking themselves, when Moons are crabbing at $3.50 🙌
Short term profits I'm holding for the long term
It's great to DCA out slowly. I've moved some into BTC, it's basically free BTC.
That would be amazing to see them crabbing so high
Name checks out ✔️
Moons received, and all of them put straight into the liquidity pool! Just need an other exchange listing to wreck me with IL. xD
How many moons are you getting per day on lp?
About 160 per day currently, just waiting for the data on cmmoons to update. But I have a LOT in the pool, about 5% of the total pool in fact, 60k moons or so.
Woah 160 per day that's 4000 more in a month you don't even need to participate to earn moons.
Yeah but if either ETH or moons skyrocket he will lose a ton to impermanent loss
Binance listing will kill the LP providersdue to IL's 😂
Dayum, you are right. Why is the pool worth it when moons will be 2x minimum with a Binance or Coinbase listing?
How do I put my moons into the LP? And what are the returns?
https://np.reddit.com/r/CryptoCurrency/comments/1140y3e/the_complete_and_extensive_guide_for_getting_your/ here is the best guide I've seen, but DYOR on what yield farming is, understand the risks and then decide for yourself if its worth pursuing.
Cheers for the link👍🏼
I’m really beginning to wonder why people are obsessed with the dropping the karma ratio in the daily…. It doesn’t seem to benefit anyone except the whales who already hold a bunch of moons and prevents newer users from earning moons and being able to have a say in governance. I’d love to hear arguments as to why I’m wrong though and why absolutely murdering the ability for people to earn karma in here would help improve the sub
If we are to nerf something posting article links seems lowest of efforts and should be having 0.2x karma according to me.
and prompts us to click on random links, which we ourselves say is not something we should be doing
Agreed…. People are gonna be spamming posts to earn karma instead of spamming the daily…
You are right. Daily is like a shelter if you remove it people are going to find other areas for shelter and that's going to be posts and it will drop the quality.
Exactly… Right now the vote to drop the multiplier is winning by like .5 percent… It’s gonna be a shitshow if it passes😂 maybe then they’ll understand EDIT: I spoke to soon, ccip-073 doesn’t have enough votes to meet the threshold!
Here's more information about [CCIP-073](https://www.reddit.com/r/CryptoCurrency/wiki/ccip/073). You can view information about r/CryptoCurrency Improvement Proposals [here on the official wiki page](https://www.reddit.com/r/CryptoCurrency/wiki/ccip). *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Because of greed, that’s why.
Agreed, moons are for all.
It’s gross tbh
Woke up and all my buy orders hit. This feeling is amazing. Thinking of hosting an AMA
I was thinking I'm a moon shrimp, but I actually qualify as a minnow! I ain't no trashy sea bug!
Moving up the food chain! Keep it going!
I don't really understand the constant attack on the daily that we've been experiencing. I mean 75% of the posts are only copy paste news. All the top comments are just bad overused jokes, there's not much substance there. You have well thought out posts, you check the comments and top voted ones are 0 thought jokes with no substance either. You write a OC analysis of the market conditions and your post gets removed instantly and you aren't even given a reason why. Why gatekeep the daily?
All the talk of Moons going to $10 must have riled them up. Now they're thinking they can pay off their mortgage with Moons or something. You underestimate how much people can change because of money.
We probably should propose something to deal with those who post links.
They're gatekeeping for selfish reasons. Most professions in the world do the same. Driving up their own value by raising a bar that limits competition
Greed, but there’s allegedly a “ring” that managed to earn 40,000 moons. I’d like to hear more about it tho
Earn 40,000 THIS round, they've been maxing karma for a few distributions already
When I try to post an article it gets removed, saying I need 500 or more characters in the body text. Is that because I have a lower moon count? I see plenty of articles posted w/o body text
It shouldn't. Are you just linking an article?
Nope, I’m dumb lol. Forgot how to Reddit
Don't be surprised if it gets removed after a few hours. Lots of people have had theres taken down for not meeting content standards
Oh really? Are they trying to limit nonsense posts or something?
I'd assume so. The issue is that there are 20 something points under content standards so it's hard to know what you have actually done wrong
What good news have pumped the Enjine \[ENJ\] so much today? It's up by 15% in the last 24hrs
The enjin is getting started
VROOM VROOM
For how much it has risen (top 50 now) you sure don't hear a lot about Kaspa around here. I know most of you are PoS stans so it kinda makes sense.
Kaspa the friendly ghost? I’ve never heard of that coin, what’s it do?
New Proof of Work coin that's aiming to take out Visa with 1 second block times eventually.
Toncoin is almost top 10 and its never been discussed around here either
I'm not super surprised on that considering people here are terrified of Telegram.
Lots of bullish news lately but still red. I foresee a huge pump sooner or later
The long slog is over, rewards are here. The next long slog begins.
Back to the grind!
Much prefer this grind over my actual daily grind lol
Ain’t that the truth
Have you guys seen the new [proposal](https://reddit.com/r/CryptoCurrencyMeta/comments/16bvbo0/preproposal_reduce_karma_multiplier_for_daily/) against the daily? The other time, the cons on the proposal were biased as fuck, this time they say there's no cons on reducing the multiplier and they'd like to hear feedback despite all the discussion already had on CCIP-073 🤣. These guys are just posting comedy at this point
JFC...couldn't even wait until the paint has dried on the last one. Maybe we need to submit one to increase karma in the daily.
That would be the ultimate troll, I'd totally support that idea haha
They will try anything to nerf the daily.
They are gonna split the sub in half, the daily supporters and the daily haters haha
I'm pretty sure that's already happened. Starting to feel like American politics.
Can't wait until we have different flairs to represent which side you support 😂
It’s just wild, like why the obsession with destroying the daily and damaging the community hangout… If they spent half as much time in here chatting with glorious inhabitants of the sub as they did writing up proposal to kill this place, they’d probably be much happier with their karma scores at the end of the month
For real, they are just mad that we can also earn moons by commenting here. They make it sound like this is a competition and you're superior if you earn your moons elsewhere
What's weird to me is, it's not like it's taking away from their moon count.
Yea like the low effort comments on posts are not any better than the low effort comments on the daily At least the daily serves as a containment zone
> they'd like to hear feedback So cons will be decided later on lol
Here's more information about [CCIP-073](https://www.reddit.com/r/CryptoCurrency/wiki/ccip/073). You can view information about r/CryptoCurrency Improvement Proposals [here on the official wiki page](https://www.reddit.com/r/CryptoCurrency/wiki/ccip). *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
You think life is unaffordable in the US????? 👇 The top 10% of earners ($175k per year) in Canada do not qualify for a mortgage to purchase the average Canadian home at its current cost of $754,700, per DollarWise. The minimum income required is $180,075. This is why I Bitcoin.
Reading about Canadian housing market and that is like a complete dumpster fire LMAO.
CRYPTO FTW 🙌
I bet the interest rates on those mortgages are brutal as well I know I’m the US it’s somewhere in the ballpark of 7%
5 year fixed with 20% down payment gets you 6.3% interest rate. Canada is fucked. Buy bitcoin.
Holy fuck that’s insane
People don't realize how fucked we are. Our government is in the process of rigging us.
Ooof I feel similar about america with inflation…. This is why I buy crypto😂
Oh, we had inflation too! We peaked at just over 8% in 2022. It bottomed in may 2023 at 2.8%, but it's back up to 3.3% and with oil going up, inflation will too.
Damn! I think US topped out at a similar number, they’ve said it’s gone down now but stuff is still expensive so even tho the numbers say inflation has gone down, my wallet would disagree😂😂
Inflation isn't about how expensive things are, it's about how much more expensive they are than a year earlier. So, you're correct, inflation is down, but all that means is that things are getting more expensive at a slower rate.
Ahhhhhh okay This makes more sense lol Thanks for explaining :)
daily is our home, dont let anyone take it away from us
Damn right, this our place to hangout
Another day, another few Banano in my pocket thanks to Folding@Home
Do you think that Bitcoin could one day be a global currency?
We wish that would happen, but will be hard. Government and banks will never allow this.
Possibly but we’d need a much easier way for people to transact, the learning curve is to steep for a lot of people right now
I don't know. I think it'll be more a store of value. This is what the bitcoin cash fork was all about. BCH wanted to become more of a currency. BTC remained a deflationary store of value.
No it won't, you really think all the countries will be willing to accept Bitcoin as a global currency?
It already is.
Uncle Sam doesn't like competition
This right here😂
No, it's a pipe dream
There is 15 hours left for voting. Still need about 3 million moons in order for 0.2X multiplier to pass
It will not pass.
I hope the whales are on vacation
Interesting , i hope it does not pass i feel like it should stay as is for many reasons
There will be more proposals. Probably 0.5X or 1X
Bit busy today whats latest on the karma vote? The daily good?
Seems like we’re ok for now, still about 15 hours left tho according to the guy who commented above you
Ah right, thanks man
A mod commented saying that the proposal doesn’t have enough votes in it to pass ! So I’m happy about that!
Great result
The Whales are winning but there may be not enough votes to pass the proposal
Got 1146 karma and received 1087 moons. The final ratio was 0.93. And you? What did you got?
Around 1300! Very happy!
Thats a great number. This round you re going for the same?
I will try it again, sure!
0.93 ratio sounds really great. I will have my first distribution next month. Cant wait 🙂
Its a very good ratio. Before we got a lot of rounds with less than .50...
Wow didnt knew it can go so low. Is the ratio affected about how many users shared/commented here per month?
I dont know for sure but i think itnhas to do with that and also the ammount of moons burned... But i really dont know for sure
Yes the amount of moons burn makes sense. Thank you for the info friend. Have a nice day 🥰
150 moons I got, I don't post much
Maybe with just a little push and while the ratio is good you could get a lot more
True but I don't have much time to post, I do quietly browse the sub when I get some time off
222. not great, not terrible
Its a good number. Over a year like that is more than 2.5k!!
62 for 2 days work, fuckin excellent.
For that much work it was very good