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r/CryptoCurrencySee Post

satoshi 😂

r/BitcoinSee Post

LOST 8 BTC got my Lesson : Here is my story and advice for those who are interesting

r/CryptoCurrencySee Post

You haven’t lost a single coin or a single red cent

r/BitcoinSee Post

Shoutout to all the hedge experts

r/CryptoCurrencySee Post

Friendly Reminder For Those Who Are Chasing The Bottom

r/CryptoCurrencySee Post

What to do in this dwindling bearish market.

r/CryptoCurrencySee Post

LOGAN PAUL LOST $3,500,000 IN NFT SCAM (Really?)

r/BitcoinSee Post

An Old Timer's Tale: Segwit2x, The Block Wars: When Bitcoin Castrated the Most Powerful Players in the Ecosystem

r/BitcoinSee Post

LEAKED DOCUMENT SHOWS BlockFi LOST MORE THAN US$285,000,000 IN PAST TWO YEARS OF BULL MARKET - [Get your Bitcoins out asap!]

r/CryptoMoonShotsSee Post

Giveaways 50 wallet will see something !!! First share Odin to others to join and Add odin to your bio and your name like mine comments done wilnners will be announced.

r/CryptoMoonShotsSee Post

Giveaways 50 wallet will see something !!! First share Odin to others to join and Add odin to your bio and your name like mine comments done wilnners will be announced

r/BitcoinSee Post

A quick reminder: 1 BTC = 1 BTC

r/CryptoCurrencySee Post

Lost Bitcoin recovered to cryptocurrency through the help of GHOST CHAMPION WIZARD

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Has anyone here actually LOST more money than they’ve made?

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Token LOST

Mentions

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

All the money they LOST has found a HOME in some ones POCKETS and they are not about to give it back.

Mentions:#LOST#HOME

In terms of direct consumer use Linux has LOST the contest - beaten by corporate controlled interfaces. If Bitcoin suffers the same fate it will have LOST the contest to free money from corporate-government control.

Mentions:#LOST

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

This guy has already LOST. He should be relentlessly mocked. Fucking dinosaur with his gold lmao Gold is a garbage investment for long term. If he was smart he would choose Bitcoin.

Mentions:#LOST

You just know its the truth. From their point of view this money is ''LOST'' and their entire focus will be to see how much of it they can reasonably retain as it passes through the many hands. Qualified Investors will be AHEAD of retail..ie you and I in the long line of pigs seeking to feed at the trough and blaming Sam & Caroline for the LOSS

Mentions:#LOST

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

DO NOT USE THIS SUBREDDIT AS A FINANCIAL ADVISOR. MILLIONS OF DOLLARS HAS BEEN LOST FROM THOUSANDS OF PEOPLE WHO BLINDLY TRUSTED ADVICE FROM THIS SUB WITHOUT DOING THEIR OWN RESEARCH. This post is going to give me a fucking aneurysm.

Look, if y'all were thinking crypto was investing and you dumped all your money into it, you were not thinking straight. I made money on dogecoin and cashed in. It was maybe 1% of my portfolio. Then I bought more and Elon Musk opened his mouth, so now I'm down. But I'm still holding it, cause I can afford to. Diversification is a real thing. There is a huge difference between investing and gambling. I also took the financial advisor route at one point. That lasted one quarter of a year. They couldn't seem to read a chart or do forecasting, yet they still thought it was going to be OK to charge me while they LOST my money. Shit, I can lose money for free. My point is, learn how to do this right. Stop trying to guess what the next big hits going to be. Be smart. The Dow returns 9%/year on average. You may not become a millionaire overnight, but if you pay yourself first, invest in a diversified portfolio, you can be a millionaire in 20 years. You can still place some side bets on emerging markets, just don't bet your house on it. Learn how to use IRAs and 401ks to your advantage. It's not sexy, but I did what I said you could do. Now I'm looking to retire.

Mentions:#LOST

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

>You lost the instant you got personal. The conversation was dead the instant you didn’t remotely comprehend a single word I said to even a minuscule degree. Not a single word of your screed demonstrated even the tiniest level of understanding of what I said. “The sky is blue.” “Here’s why goldfish is the best snack.” “Uhm, okay? What the hell does that have to do with the color of the sky.” “YOU HAVE ALREADY LOST BECAUSE YOU DIDN’T RESPOND IN A FRIENDLY WAY TO MY TOTAL NON-SEQUITUR.” Okay, dude. Sounds good.

Mentions:#LOST

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

If the institutions lost money and retail also lost money in this bear market, then where did all the money go? The correct answer is, ITS LOST.... might be in the woods, might be under the ocean, could be in space.. But with out google maps or a compass to find its way back, its all just lost.

Mentions:#ITS#LOST

Probably because 1/4 of all Bitcoin is LOST for good. So theoretically there isn’t 21m Bitcoin in total. There’s 15.75m Bitcoin 😂

Mentions:#LOST

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

It is so true. I remember reading about a 33 year old who bought a ton of ETH at super cheap in 2016. He just held them lazily for 5 years.........then retired at 38 from working. He was like, it was easy, I just put them on my ledger and did nothing, forgot about the prices and sold them in late 2020-early 2021. The toughest part is if you don't have a lot of money, and something comes up where you need money--so you sell your crypto at a loss and don't get back in for the next cycle. You just have to consider the crypto you bought LOST money already....lock it up and wait.

Mentions:#ETH#LOST
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons when they are distributed. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly in top 50 subreddits when it comes to [comments per day](https://subredditstats.com). Moons also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 5.6 million members. This gives Moons exposure to a large public. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive 10% of the total distribution. Thanks to that, despite the huge number of members, the sub is kept clean. At least most of the time ;-) > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moons' smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. It is estimated that **more than 50 million Moons are lost.** The number of lost Moons is significant since the number of circulating tokens is only 100 million and the inflation rate goes down by 2.5% with every distribution. > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE ON ETH MAINNET** > > On August 9, 2022, [Moons were moved to mainnet](https://np.https://www.reddit.com/r/CryptoCurrency/comments/wk75p2/pack_your_moons_were_moving_to_mainnet/), to Arbitrum Nova. Before that, Moons were on a testnet (test blockchain) and as the name suggests - they were being tested. And since they are no longer being tested, it means that Moons are now much more reliable, much more secure. What's more, **Moons can now be listed on exchanges** and they are already tradeable on gate.io and MEXC. > > More exchanges are sure to follow, [Kraken has published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL AND POSSIBLE USE-CASES** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their low market cap they have a lot of room for growth. Moons are currently placed outside of top 1,000 coins according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > Recently, r/cc has started charging Moons for AMAs. Everyone who wants an official AMA on the subreddit has to burn a certain number of tokens. r/cc has probably the biggest auditorium in the whole world of crypto, therefore "ticketing" AMAs is sure to attract many parties which, in consequence, will burn a lot of Moons. > > Moons might be finally accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). In future, Moons might be used as means of payment in other crypto-related online shops or other businesses. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgt3n/coin_inquiries_moons_proarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

2019? I’m still processing 2005 when my varsity soccer coach benched his starting lineup that took him to states because we were all juniors. The parents of the seniors complained that their kids weren’t playing enough? Well guess what coach! We LOST STATE!

Mentions:#LOST#STATE
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

which is exactly what people want. ​ HARD FACT. ​ Freedom = free to get scammed and be fucked it also equals opportunity for huge success. ​ Throw this a$$-hat under the prison and lets get back to growing crypto. ​ what you lost.... YOU LOST.

Mentions:#HARD#LOST
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

> but in the news it appears as "THOUSANDS OF CRYPTO INVESTORS LOST BILLIONS OF DOLLARS! You said it your fucking self. Phrasing it like that makes everything look bad.

Mentions:#LOST
r/CryptoCurrencySee Comment

Ofc, we, as insiders, all know it has nothing to do with other coins (thats why many of us will gladly continue DCAing at a bargain price) but in the news it appears as "THOUSANDS OF CRYPTO INVESTORS LOST BILLIONS OF DOLLARS!" This will deeply wound adoption and the current value of our portfolios for several years to come. We cant just dust off our shoulders and say "It was just Bankman doing Banking. Everything is fine in cryptoverse" Precautions and changes are necessary so that it doesnt happen again in the future.

Mentions:#LOST
r/CryptoCurrencySee Comment

I keep bringing up the case of QuadrigaCX, a canadian exchange who's owner took customers money and traded it and LOST it all... it seems to me that that's somewhat the case with FTX too. His plan was to missuse customer funds all along

Mentions:#LOST#FTX
r/CryptoCurrencySee Comment

This reminds me of the CEX QuadrigaCX. The CEO was apparently sending all of users funds to other exchanges to trade and LOST it all!

Mentions:#CEX#LOST
r/CryptoCurrencySee Comment

All bank's accounts are protected by the FSCS but the fact is the govt stepped in and bailed RBS and Lloyds and NO ONE LOST MONEY. So cut the bs about people losing money or the risk to the public having your money in a big bank. Govt will ALWAYS bail out a bank or company if millions of customers are at risk just like they have bailed energy companies i.e Bulb. I won't spell out for you why do this. I will let you work it out yourself! But hey wake me up when the govt steps in for Crypto lol

r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

my money is just misplaced. those dudes LOST money, never coming back, or maybe. who knows.

Mentions:#LOST
r/BitcoinSee Comment

Listen jerk I risked and LOST ( check my history) 75K on Voyager and 28K on Celsius for 3.5%. I don't like you insinuating I lost my 3yrs of savings and bonuses for a measly 2%.

Mentions:#LOST
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

All the shocked faces are just gonna turn in frown faces with captions like "I LOST $10,000,000 BECAUSE OF FTX".

Mentions:#LOST#FTX
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

LOST A COMMA. That’s a legit drop.

Mentions:#LOST
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

Burns is a funny way to put it. What this means is that they LOST $542 because of depreciated assets. Not the same as burns.

Mentions:#LOST
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

Better is: CRAIG WRIGHT LOST ANOTHER CASE, THIS TIME IN NORWAY

Mentions:#LOST#TIME
r/BitcoinSee Comment

LOST 😅

Mentions:#LOST
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

Two days later: "LUNA CRASH! MILLIONS OF DOLLARS LOST AS LUNA PLUMMETS 60% IN THE LAST 24H"

Mentions:#LUNA#LOST
r/CryptoCurrencySee Comment

Harmony LOST.

Mentions:#LOST
r/CryptoCurrencySee Comment

No you don't. If you have two accounts and you moved money between them several times without registering that, you will end up with a hole of X amount of the money that was moved, but nothing was LOST, absolutely nothing there. You were originally talking about losing 35 trilion, that certainly never happened nor it will happen. It is just money moving between the accounts, thats 35t of TRANSACTIONS, you can literally use 1$ and move it 5 times between 2 of your accounts and boom- you just got 5$ of transactions you didn't recorded. you didn't lose anything. It is IMPOSSIBLE to lose 35 trillion, even in theory. So the Pentagon issue is something completely different than what you were originally talking about, and completely wrong in the context of the original post

Mentions:#LOST
r/CryptoCurrencySee Comment

My wife tells me..... "YOU HAVE ANY IDEA HOW MUCH YOU HAVE LOST ON THAT SHIT ??!! "

r/BitcoinSee Comment

If you find a $20 bill on the street and you pocket it for yourself, that's not illegal. A $20 bill on the street is definitely LOST. The owner of that $20 wouldn't have left it there intentionally, so you're not stealing it from the previous owner. **Bitcoin isn't like that.** All Bitcoin lives on the blockchain. IT'S NEVER LOST. Even if you find a digital key to it, it's highly unlikely the rightful owner has lost his one and only copy of that key. Using it to take the Bitcoin is equivalent to finding a numbered locker key at the airport, opening the locker and stealing the goods inside.

Mentions:#LOST
r/CryptoCurrencySee Comment

>naah not expecting any analyisis.. just dramatic 'actor' spouting on about I LOST MY LIFE SAVINGS.

Mentions:#LOST#LIFE
r/CryptoCurrencySee Comment

Remember to keep the seed to your exadus wallet as once it is imported it'll be different keys. Also DO NOT DO TEST TRANSACTIONS WITH PAPER WALLETS AS THE CHANGE WILL BE LOST.

r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/BitcoinSee Comment

There is nothing to be said. It is self-evident. Bitcoin is nothing. It is empty. The hedge funds are just going to sell and the ones who cant will be left holding the bag. You can see already many here crying "I LOST EVERYTHING". I jerk off to those comments.

Mentions:#LOST
r/CryptoCurrencySee Comment

>DON'T TIP THIS POST, THEY'LL GO TO THE LOST VAULT! Send tips to me instead, thanks.

r/CryptoCurrencySee Comment

>EDIT: DON'T TIP THIS POST, THEY'LL GO TO THE LOST VAULT! Now watch redditors do the exact opposite

r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/BitcoinSee Comment

The money spent by the Biden admin doesn’t even come close. They are out of control!! He LOST 2 BILLION in cash to the taliban like the first 6 months because of a sloppy pull out. not to mention all the equipment and the 20 year worth of war and death he totally fucked up due to incompetence. That’s just one instance. They e sent way more than that to Ukraine…. Why does the American public always pick up the bill?? For the WORLD. no other country does these things…. Just US. we’re being taken advantage of. Why do you think Trump wanted to leave the UN and the WHO? They just waste our tax dollars.

Mentions:#LOST#WORLD
r/CryptoCurrencySee Comment

#Moon Pro-Arguments Below is an argument written by Blendzi0r which won 2nd place in the Moon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First published on: 14.10.2021* > > *Last edited on: 27.12.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "a unit of ownership" in the subreddit. More information on them can be found here: [https://www.reddit.com/r/CryptoCurrency/wiki/moons\_wiki](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki) > > # What are their pros? > > **THEY CAN BE "EARNED"** > > Moons are unique. They can't be mined and you don't have to buy them in order to own some. All you need is a [reddit account](https://www.reddit.com/register/) and an opened [vault](https://www.reddit.com/community-points/). If your comments or posts are upvoted by other redditors, you will receive Moons in the next distribution. Distributions take place every 4 weeks. You might also be tipped Moons by other users directly and receive them immediately. There are also various competitions where redditors can win Moons (e.g. [Trivia](https://www.youtube.com/watch?v=fV6AMUYz-RY), [Cointest](https://www.reddit.com/r/CointestOfficial/), etc.) > > **THEY GIVE REDDITORS POWER** > > The main purpose of Moons is to use them for **voting in Governance Polls**. These polls are held on r/cc regularly and users vote on proposals submitted by other users or moderators (mods). The more Moons someone has, the greater his/her voting power is. Governance Polls allow Moon holders to push r/cc sub in the direction they believe is best. > > It's worth noting that only Moons that were **earned** can be used for voting. Bought Moons don’t increase user’s voting power. > > **THEY ENGAGE USERS** > > Moons incentivize r/cc subscribers to be active and produce quality content. r/cc is constantly one of the top subreddits when it comes to [comments per day](https://subredditstats.com). They also attract new users – r/cc **is currently the most popular subreddit about crypto** with more than 4.2 million subscribers. This gives Moons exposure to a large public from the beginning. Other projects usually have to start from the bottom and work their way up before they attract a big number of holders and supporters. > > Moons also incentivize moderators as they receive as much as 10% of the total distribution. Thanks to that, despite the huge number of subscribers, the sub is kept clean most of the time. > > **FIRST MOVER ADVANTAGE** > > The popularity of Moons gives them also the first mover advantage ([although they aren't the first Community Points project](https://www.reddit.com/r/ethtrader/comments/kl6ldu\/donuts_faq/)). Even if Reddit launches more Community Points on other subreddits, **Moons have already established their name** (and speaking of names – it’s hard for a better one in the world of cryptocurrencies). > > **REDDIT’S BRANDING AND PROFESSIONAL DEVELOPMENT** > > Moons are developed by a team of professionals hired by Reddit. This makes the project credible and eliminates the risk of a rug pull that is ever-present in the case of many other low market cap projects. > > What’s more, Moon’s smart contracts and mobile apps have been also [reviewed and audited by Trail of Bits](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki), an independent security firm. > > Despite being Reddit’s product, Moons are independent of Reddit and once earned neither the admins nor the subreddit moderators can take them away from [users](https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki). > > **MANY MOONS ARE ALREADY LOST FOREVER** > > Moons that weren’t claimed in time are lost/burned. Moons that were supposed to be delivered to people who didn’t open their vaults are also burned. The number of Moons that are already burned is estimated at **more than 50 million Moons are lost.** Total supply is 250 million, so the number of lost Moons is significant. And it keeps growing: > > [35% users who earned karma still didn’t have their vaults set up during the 18th distribution](https://np.reddit.com/r/CryptoCurrency/comments/q3cbfe/comment/hfqztnl/?utm_source=share&utm_medium=web2x&context=3). > > **MOONS ARE EXPECTED TO BE LAUNCHED ON ETH MAINNET** > > In July 2021, [Moons were moved to Arbitrum](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/), Ethereum scaling network. This was done in preparation for the mainnet move. When Moons hit the mainnet, this will open up plenty of opportunities, one of them is the possibility of Moons being listed on exchanges. > > Speaking of exchanges, [Kraken has already published a crypto guide for Moons](https://www.kraken.com/en-us/learn/what-is-reddit-moon/). This might be significant because there are hundreds of coins with higher market cap but Kraken still decided to publish a guide for Moons instead of those coins. > > **MOONS HAVE A LOT OF POTENTIAL** > > Being a currency of the most popular crypto sub, Moons can find a lot of new use-cases and with their **low market cap** they have a lot of room for growth. Moons are currently placed 800-900 according to Coingecko which suggests they might be strongly undervalued considering their credibility and exposure. > > When they reach mainnet, they might be accepted by [cyphermarket](https://www.cyphermarket.com/) and people will be able to [buy crypto-related products there directly with Moons](https://np.reddit.com/r/CryptoCurrency/comments/p9zbhg/announcing_rcryptocurrency_merchandise_and_a/). More adoption is sure to follow. > > Recently, [Reddit auctioned some NFTs](https://nft.reddit.com/#live-auction). One of them was sold for 175 ETH. This might suggest that r/cc will have their own NFTs in the future, too. And if so, they will probably be sold for Moons. > > Admins have also stated that they’re “[working hard to figure out how to grow them even further](https://np.reddit.com/r/CryptoCurrency/comments/opibci/were_launching_a_scaling_network_for_moons/)”. > > **DEDICATED COMMUNITY** > > Moons are sometimes accused of lowering the quality of the sub. Moon Farming (low-effort contributions with the sole purpose of getting upvotes) became popular and it even pushed some people to break the rules (upvote parties, spamming, using alt accounts, stealing content, etc.). > > But, thankfully, r/cc has a dedicated community that keeps fighting against dishonest users. No pro argument for Moons is complete without mentioning r/LazyMoons. This is where r/cc users [expose bad actors](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same) and (together with mods) do a great job at minimizing the negative impact that cheaters and farmers have on the sub. > > There are also other Moon-related subs (e.g. r/MoonJobs), websites (e.g. [ccmoons.com](https://ccmoons.com/)) and many other projects. > > **LAST BUT NOT LEAST, YOU CAN SHOW OFF 😉** > > The number of Moons in your possession is displayed next to your username on r/cc. If you have a lot of Moons, other users might show their respect and call you a whale. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yge/coin_inquiries_round_moons_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds.

r/CryptoCurrencySee Comment

So cool! And I have actually LOST 0.25 BTC because of Voyager :D

Mentions:#LOST#BTC
r/BitcoinSee Comment

>Segwit 2X was the equivalent of Goldman Sachs, JPMorgan, every other major bank, the oil cartel (OPEC), colluding to take over the network BUT FAILING MISERABLY, WITH THEIR TAIL BETWEEN THEIR LEGS, HAVING LOST A FORTUNE TO ACCOMPLISH NOTHING BUT THE RUINATION OF THEIR OWN REPUTATION This is such a smoothbrain take. Not even worth reading it as it's definitely not going to be the truth. If people are interested, then I encourage you go back to the articles and debates *from that time* and make up your own opinions on what happened. Don't let a narrative be spoon fed to you regardless of whether it's here or from the mouth of a bcasher.

r/CryptoCurrencySee Comment

> instead of the Epic Games Store, you open the incept into the EpicVerse, where you can then join a specific game or lounge with friends Yeah what happened to just buying things though? When I got to a meatspace store, I want to walk out with my product literally as quickly as physically possible. If they want to me to sign up for anything, the answer is no. Join a game in progress? No. 'Lounge around', a playground with the people already there? **Hell** no. That stuff doesn't even sound fun just give me my freakin' game SELL ME A PRODUCT OR GET LOST.

Mentions:#LOST
r/CryptoCurrencySee Comment

Lol It's not as bad as you might think. I'm there pretty often and half of the posts are, "FUCK CDC BIG SCAM LOST ALL MONEY ON BTC ARRFGH" and the other half are, "I'LL SUCK KRIS' DICK HOMIE I LOVE THEM." It's a real circus, but you can get some good answers and feedback sometimes.

r/BitcoinSee Comment

Yesterday in Spanish television: CORRALITO IN BINANCE, EVERYONE LOST HIS MONEY.

Mentions:#LOST#MONEY
r/CryptoCurrencySee Comment

Somebody has to lose money in order for somebody else to make money. Just remember that. I have nothing against buying and holding something with a long term goal. Price point exits and so forth. Realistic goals. I mean, we’re all here to make money. There’s always a “hodl” period as that investment matures. Like I’m not knocking anyone who goes and buys a shit ton of ETH at todays prices. Eventually they’ll make a lot of money. Eventually. That’s HODLing as I see it. But that differs entirely from buying high and HODLing out of regret, just to get back your initial investment. Buying high and then chanting your mantra of “diamond hands” or “HODL” can’t possibly make the pain go away when you bought that alt at all time high in 2021 and realistically it might never be relevant/never retouch all time high again. Those people aren’t HODLers. They’re bag holders (people who LOST this game we all play).

Mentions:#ETH#LOST
r/BitcoinSee Comment

It's incompetence only if BTC never reaches another ATH. If it does, my patience means I never LOST money. It means I was down for a while, then up later. People here are throwing shade as if they have never been down on an investment. How dare they not be able to predict the future! Sorry, most of us are not as fabulous as you, clearly.

Mentions:#BTC#LOST
r/BitcoinSee Comment

Rethink what you just said. If it’s denominated in dollars and dollars LOST value, then if bitcoin goes to 20k again, you have less value than in 2017. It’s not 17k, it’s about 23K for your statement.

Mentions:#LOST
r/CryptoCurrencySee Comment

> I LOST 50 EUROS. That's 40 euros

Mentions:#LOST
r/CryptoCurrencySee Comment

Yesterday I had 170 euros in both xlm and bitcoin today I check my wallet (free wallet) and it says I have 130 I LOST 50 EUROS. Those are my last money and I am losing it. I will go at abitcoin ATM and have them in cash. Sorry guys but as it seems. It's not for all of us

Mentions:#LOST#ATM
r/CryptoCurrencySee Comment

>but sociopaths like him getting their egos broken is a win in itself. Lol, his ego is broken.... not even bruised! He WON! Waled away with MILLIONS of $ while everyone else LOST! Wake TF up!

Mentions:#WON#LOST
r/BitcoinSee Comment

Leverage. It works well options, it’s been working well with BTC on the way down, AND on the way up, until yesterday 🙄🙄🙄 I wouldn’t recommend it though! Just so we don’t get another “I LOST MY LIFE’S SAVINGS, BTC IS A SCAM!” post.

r/CryptoCurrencySee Comment

To recover LOST BITCOIN you can't do that all by yourself only a hand full experts with explicit gadgets, successfully reviews, and such must be reliable on the side cause many techs tends to be swindle people of there hard earned money ,i guarantee **PAYBACKREFUND.COM ,**what Ap +1 six seven eight three seven nine three six three one

r/CryptoCurrencySee Comment

More like Coin_LOST_.

Mentions:#LOST
r/CryptoCurrencySee Comment

The thing is IT WAS NOT A PUMPA , WE JUST LOST 40K , 30K IS NOT PUMP , 45K+ IS.

Mentions:#LOST
r/CryptoCurrencySee Comment

I believe near protocol has a stablecoin USDN which has.....LOST ITS PEG

r/CryptoCurrencySee Comment

No one LOST money, it’s just a few people turned the invisible money into real money and this is way is left over.. It’s more of a transfer than a loss…

Mentions:#LOST
r/CryptoCurrencySee Comment

I LOST 120k

Mentions:#LOST
r/CryptoCurrencySee Comment

You paint a picture which is emotional and inaccurate You make it sound like "CELSIUS HAD SO MUCH MONEY ON ANCHOR. THEY MANAGED TO GET OUT JUST IN TIME! CLOSE ONE!" But in reality the picture seems to be much different. I was watching [the CEO of Celsius on InvestAnswer's channel the other day](https://www.youtube.com/watch?v=fPCXS9ychZg) He also touches upon Celsius exposure to the project and apparently nothing happened? What I want to tell you is, I think it's reasonable to be cautious and to evaluate what risks you want to take. It is very reasonable to say "I am not too confident about the risks on these platforms therefore I choose to not engage with them" - a fair, reasonable position. But can we stop with the extreme emotions, and the mood swings, and the panic mode? "THEY LOST 500 MILLION! ALMOST LOST EVERYTHING!" And what does this even mean? >They are doing the same shady shit that lead to the 2009 financial crisis.

r/CryptoCurrencySee Comment

Can you go fuck yourself already? I'M NOT GOING TO BUY THIS SHIT GET LOST

Mentions:#LOST
r/CryptoCurrencySee Comment

No one should be happy about this. Anyone celebrating that in this sub should straight up get the ban hammer for at least a week. That said, it is absolutely ridiculous the amount of posts saying “I JUST LOST MY LIFE SAVINGS IN LUNA” on this subreddit and the subreddit for Luna. I have been on the sub for a while and we have always preached about investing wisely, doing research, and only investing what you can afford to lose.

r/CryptoCurrencySee Comment

That's true, but some people are literally "MOON TIME" "I'VE LOST MY MONEY WHAT A SCAM RUG PULL" "MOOOON" "I HATE CRYPTO"

r/BitcoinSee Comment

What shows' last seasons were utterly unrecognizable in quality compared to their amazing first season or seasons? I'd put HEROES on that list, along with LOST (basically every show that was in all-caps?) maybe The West Wing, obviously Game of Thrones... what else?

Mentions:#HEROES#LOST
r/CryptoCurrencySee Comment

Has anyone here actually LOST more money than they've made? >Yes,that's me.

Mentions:#LOST