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r/CryptoCurrencySee Post

Hopium Straight into your Veins: Charts from the Social Media Moonboys and Moongirls

r/CryptoCurrencySee Post

PAX GOLD PAXG backing (or lack thereof?) update

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r/CryptoCurrencySee Comment

Investors in Aptos (APT) may have had high hopes for the freshly built network. The blockchain, however, consistently shown why it could be challenging to “fine-tune the web3 experience” for its users. Why, you ask? Aptos Explorer, however, indicated on October 21 that the network was only processing eleven Transactions Per Second (TPS). This was a low rate for a blockchain that was known as the “Solana Killer.” On November 5th, the story underwent a shift. However, it fell far short of the thousands of transactions that many investors had anticipated. According to Aptos Explorer, as of November 5th, the network’s TPS was 19, with the number of validators remaining at 102. APT’s performance also declined by 0.19% during the past 24 hours, and at the time of writing, it was trading at $8.03. The Aptos gain marked a recovery following a significant drop to $7.19 from $8.23 on 2 November. However, without a few underlying elements, the rejuvenation might not have been conceivable. In addition to the 58% increase in volume, the Chaikin Money Flow (CMF) had left the -0.24 zone it had been in on November 4 according to APT’s four-hour chart. It was clear that investors had provided the network with enough liquidity because it had a value of -0.07. This suggested that APT has recently been able to attract a lot of interest from the cryptocurrency community. Will APT redeem itself? According to on-chain analysis, Aptos appeared to be having trouble adjusting to the realities of the market. This was due to the fact that its initial dominance, which had helped it spark in social media and search, had clearly diminished. At the time of publication, Santiment revealed that its social dominance on November 5 had dropped dramatically from 2.105% on October 24 to 0.225%. Additionally, development activity was not at all high. The warning signs 6.5 resembled those of an abandoned ship. However, given that APT didn’t appear to require a strong on-chain performance to succeed, this might not be enough to concern APT investors.

Mentions:#APT#CMF
r/CryptoCurrencySee Comment

That's all slippery slope fallacy. Sometimes specific regulations have a place (don't dump chemicals in the water), but in this case I much prefer a carbon tax as a corrective measure. This gets you out of trying to granularity police specific usages and lets economics course correct you. A carbon tax should be acceptable to both sides because it is fixing a problem with the free market, namely the externality of pollution. This was implemented in Canada and most people profited from it https://www.theguardian.com/environment/climate-consensus-97-per-cent/2018/oct/26/canada-passed-a-carbon-tax-that-will-give-most-canadians-more-money Here's some copypasta with more info: As the IPCC report made clear, [pricing carbon is **necessary** if we want to meet our 1.5 ºC target](https://www.ipcc.ch/site/assets/uploads/sites/2/2018/12/SR15_TS_High_Res.pdf). The consensus among [scientists](http://bush.tamu.edu/istpp/scholarship/journals/ClimateScientistsPerspectives_ClimaticChange.pdf) and [economists](http://policyintegrity.org/files/publications/ExpertConsensusReport.pdf) on [carbon pricing](https://en.wikipedia.org/wiki/Carbon_price)^§ to mitigate climate change is similar to [the consensus among climatologists](http://climate.nasa.gov/scientific-consensus/) that human activity is responsible for global warming. Putting the price [upstream](https://www.wsj.com/articles/SB10001424127887323611604578396401965799658) where the fossil fuels enter the market makes it simple, easily enforceable, and bureaucratically lean. Returning the revenue as an equitable dividend [offsets the regressive effects of the tax](http://www.nber.org/papers/w9152.pdf) (in fact, [~60% of the public would receive more in dividend than they paid in taxes](http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0081648#s7)). Enacting a [border tax](http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2026879) would protect domestic businesses from foreign producers not saddled with similar pollution taxes, and also [incentivize those countries](http://ageconsearch.umn.edu/handle/205761) to enact their own. [Conservative estimates](http://rdcu.be/cLYO) are that failing to mitigate climate change will cost us 10% of GDP over 50 years, [starting about now](http://policyintegrity.org/files/publications/ExpertConsensusReport.pdf). In contrast, carbon taxes may actually *boost* GDP, if the revenue is [returned as an equitable dividend to households](http://www.theguardian.com/environment/climate-consensus-97-per-cent/2014/jun/13/how-revenue-neutral-carbon-tax-creates-jobs-grows-economy) (the [poor tend to spend money when they've got it](http://www.econ2.jhu.edu/people/ccarroll/papers/cstwMPC.pdf), which [boosts economic growth](https://www.imf.org/external/pubs/ft/sdn/2015/sdn1513.pdf)). Taxing carbon [is in each nation's own best interest](http://www.imf.org/external/pubs/ft/wp/2015/wp15105.pdf), and [many nations have already started](https://openknowledge.worldbank.org/bitstream/handle/10986/29687/9781464812927.pdf?sequence=5&isAllowed=y). We [won’t wean ourselves off fossil fuels without a carbon tax](http://news.mit.edu/2016/carbon-tax-stop-using-fossil-fuels-0224), the [longer we wait to take action the more expensive it will be](http://rdcu.be/cZjG). Each year we delay costs [~$900 billion](https://cla.umn.edu/heller-hurwicz/news-events/news/policy-brief-calibrating-price-climate-risk). [It's the smart thing to do](https://www.sciencedirect.com/science/article/pii/S0095069698910580). The U.S. [could induce other nations to enact mitigation policies if we would enact one of our own](http://policyintegrity.org/files/publications/ExpertConsensusReport.pdf). [Contrary to popular belief](https://en.wikipedia.org/wiki/Pluralistic_ignorance#Examples) the main barrier isn't lack of public support; in fact, a majority in [every congressional district](http://climatecommunication.yale.edu/visualizations-data/ycom-us-2018/?est=reducetax&type=value&geo=cd) and [each political party](http://climatecommunication.yale.edu/wp-content/uploads/2018/05/Global-Warming-Policy-Politics-March-2018.pdf) supports a carbon tax, which [does actually help our chances of passing meaningful legislation](https://www.tandfonline.com/doi/abs/10.1080/09644016.2016.1116651). But [we can't keep hoping others will solve this problem for us](https://en.wikipedia.org/wiki/Diffusion_of_responsibility). *[We](https://i.redd.it/tomv8cnadxa11.jpg)* need to take the necessary steps to make this dream a reality: 1. [**Vote**](https://www.environmentalvoter.org/sign-the-pledge). People who prioritize climate change and the environment [have historically not been very good at voting, which explains much of the lackadaisical response of lawmakers in recent years](https://www.environmentalvoter.org/news/millions-environmentalists-are-registered-vote-us-dont-what-if-they-did), and many Americans don't realize there are (on average) likely [3-4 elections per year they should be voting in](https://www.environmentalvoter.org/news/millions-environmentalists-are-registered-vote-us-dont-what-if-they-did). In 2018 in the U.S., [the percentage of voters prioritizing the environment more than tripled](https://www.nbcnewyork.com/news/green/A-Green-Wave-Signs-Point-to-Voters-Demanding-Action-on-Climate-Change-502796391.html), and now [climate change is a priority issue for lawmakers](https://en.wikipedia.org/wiki/Green_New_Deal). Even if you don't like any of the candidates or live in a 'safe' district, [**whether or not you vote is a matter of public record**](https://washingtonmonthly.com/magazine/april-may-june-2018/planet-earth-gets-a-ground-game/), and [**it's fairly easy to figure out if you care about the environment or climate change**](https://www.youtube.com/watch?v=yCL1luiOM7U&t=2m53s). Politicians [use this information to decide what's important](https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1468-2508.2005.00357.x). Voting in every election, even the minor ones you may not know are happening, [will raise the profile and power of environmentalism](https://www.youtube.com/watch?v=yCL1luiOM7U&t=2m53s). If you don't vote, you and your values can safely be ignored. 2. [**Lobby**](https://citizensclimatelobby.org/join-citizens-climate-lobby/). [Lobbying works](https://sociology.stanford.edu/sites/default/files/publications/friends_or_foes-how_social_movement_allies_affect_the_passage_of_legislation_in_the_u._s._congress.pdf), and [you don't need a lot of money to be effective](https://www.jstor.org/stable/41759323?seq=1#page_scan_tab_contents) (though it does help to [educate yourself on effective tactics](http://www.congressfoundation.org/storage/documents/CMF_Pubs/cmf-citizen-centric-advocacy.pdf)). If you're too busy to go through the [free training](https://citizensclimatelobby.org/new-member/#climateadvocatetraining), sign up for [text alerts](https://citizensclimatelobby.org/text/) to join coordinated call-in days ([it works](http://www.congressfoundation.org/storage/documents/CMF_Pubs/cmf-citizen-centric-advocacy.pdf)) or set yourself a monthly reminder to [write a letter to your elected officials](https://www.ted.com/talks/omar_ahmad_political_change_with_pen_and_paper?language=en). 3. [**Recruit**](https://community.citizensclimatelobby.org/learn/communications/). Most people are [either alarmed or concerned about climate change](http://www.climatecommunication.yale.edu/wp-content/uploads/2016/01/Six-Americas-2018-Mar.png), yet most aren't taking [the necessary steps](http://www.congressfoundation.org/storage/documents/CMF_Pubs/cmf-citizen-centric-advocacy.pdf) to solve the problem -- [the most common reason is that no one asked them to](https://www.youtube.com/watch?v=e6DoiQM_-is). [29% of Americans are alarmed about climate change](http://climatecommunication.yale.edu/publications/americans-are-increasingly-alarmed-about-global-warming/), and if we all organized we would be 17x more powerful than the NRA. According to [Yale data](http://climatecommunication.yale.edu/wp-content/uploads/2017/07/Global-Warming-Policy-Politics-May-2017.pdf), many of your friends and family would welcome the opportunity to get involved if you just asked. So please [volunteer](https://www.environmentalvoter.org/get-involved) or [donate](https://www.environmentalvoter.org/donate) to turn out environmental voters, and [invite your friends and family to lobby Congress with you](https://citizensclimatelobby.org/join-citizens-climate-lobby/).

Mentions:#SB#CMF#NRA
r/BitcoinSee Comment

I think someone or something is suppressing the price. Just look at how many bitcoins leave exchanges and the CMF on the BTCUSD daily. Insane

Mentions:#CMF