OFF

Dfranco123

I am back to what I was back in MARCH 31st 😭 fucking finally! DCA paid OFF! Please keep on pumping!

Ofulinac

And all that in a bear market! This next bullrun is gonna be OFF THE CHARTS!

zesushv

It's Binance, this FUD will fade. But you need to take more responsibility for your finances. Take your assets off CEXes. Nobody is paying me to keep doing this, so it is exhausting with no salary plan. But I will keep doing it until this message is received. CEXES ARE NOT YOUR FRIEND, TAKE YOUR ASSETS OFF THEM HANDS. Please listen for once.

Lam7r

I’m sorry this has happened but as you have come here to tell the story it means you must visit this sub somewhat often… if this assumption is correct they why in the world were you holding that much on an exchange? BTCs whole mission is self custody of wealth, you never had custody! If anyone is reading this and still has BTC on exchanges for the love of BTC itself, move it OFF!

little-fishywishy

WoW!!! this is pennies to this guy. FUCK OFF.

BraidRuner

Time to create ''OFF SHORE"" Dark Pools with Privacy Coins. This move is the BANKERS COUNTER ATTACK. Don't let them win, value creation and transfer without state sponsored interference. Crypto needs to be beyond legislative control. Wealth creation without interference is whats at issue here.

Toxcito

Yup, because it's a scam. There is no new Bitcoin to offer, so when they are offering it to you, it means they don't actually have it and are fucking around with fractional reserve banking. Warning to anyone with their stuff stored on exchanges offering yield - **GET IT OFF AND INTO A PRIVATE WALLET, YIELD IS A SCAM AND ONLY WORKS USING INFLATION OR USING SOMEONE ELSES MONEY.**

dirtsmurf

Bitcoin transaction fees are less than 10 cents The other exchange you mentioned RIPPED YOU OFF, not Bitcoin

NinjAsylum

Turn OFF DM's On Reddit. Period. There is absolutely zero reason that you or ANYONE needs to EVER DM ANYONE on Reddit. You dont need it. No one needs it. There's an option in your settings to completely disable it. Just turn it off.

cancerpirateD

I call for anyone over the age of 65 to retire and shut the fuck up. Let it go. You won. Retire. FUCK OFF.

SakeBomberman

No no when it goes down it's a teeny weenie dip. When it goes up it BLASTS OFF

grndslm

Lightning Network allows transactions to go thru within 5 seconds, which is just as fast as credit card transactions... There's also RGB, Nostr, Zion, Impervious browser, etc. that provide more functionally using Bitcoin. Bitcoin is the settlement layer, comparable to the Federal Reserve. And all the other layers above it are where smart contracts and decentralized apps take place, all sharing the same form of money without thousands of unique tokens. Keeping smart contracts and decentralized apps OFF of the main chain is what keeps it stable (trust minimization means governance minimization means only technical changes are needed, not systemic upgrades every few months) and decentralized (Ethereum's main chain is already 8x bigger than BTC's, and something like close to ~70% off Ethereum nodes are hissed on 3 centralized servers.... and in no way is there a protocol like BTC's Stratum v2 mining pool protocol that prevents these centralized servers from controlling Ethereum's network).

takemidown

It should be "Always OFF"

Giga79

>PLEASE explain to me how becoming frustrated with trolls and untrue assumptions shows a lack of self-awareness. This is truly the first time I have ever been told this, so I am listening. You created this thread asking people how you and your project can be seen as genuine. >What’s the reason people should trust you with their cash? You can’t blame people for not trusting you, it’s your job to earn trust. Someone asks a legitimate and very basic question. **What's the reason** people should trust you? This is what you're here for. >All I'm asking is to withhold judgment until you have actual information, which you & the other cynics don't. We've not asked for a dime from anyone so where's this negative bashing coming from?! And you became instantly defensive. Which, I would say is exactly how *not* to be seen as genuine. Notice you don't answer their question and actually call it *negative bashing*. Anyway, the OP treats it as a simple misunderstanding. You clearly don't want cash, even though you say you'll need cash at some later point when you'll be clear *as fk* you're asking for it. OP rephrases their question and asks you again. If you're not asking for cash yet, and all of us need more information to make any sort of judgement about you, and you *want* to be seen as genuine, then you must be asking for our time or energy or something in place of cash. Again, they're simply asking **what's the reason** people should spend their time to learn about your project, in direct reply to you saying no one trusts you. >Why do I need to spend my time, energy or anything. I’m trying to help you here. Why do I owe you anything? If your want to succeed to need to be able to answer that question. "Why should we see you as genuine? Why do I have to do work to see this?" Are legitimate business questions to any startup. It's a set up question, like during an interview, and like in an interview your response says more than you know. This should be an easy point. >Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed. And this is your reply to that. Again, while you're supposedly seeking legitimacy and our trust. Imagine being in a job interview, you're asked how you build trust in your business relationships, and you reply with DON'T SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVEN'T TAKEN THE TIME TO LEARN ABOUT US. That's what I mean about you having no self awareness. You designed the interview, created the set and setting, placed yourself here, and you still failed every basic question miserably by throwing a literal tantrum. The *interviewer* never even made it to the second question, or to any constructive criticisms, none of this helps you be seen as genuine or like you're actually seeking advice (you're the only one who comes off as a troll in this thread). A proper answer to "What's the reason I should trust you?", would look something like, "These are 10 things we've done for people. This is our team. These are our goals. This is our roadmap. These are our biggest issues, but this is what I'm doing to solve them." You know, actions talk louder than words (maybe not YOURS). And to answer, "Why should I expend effort to learn about you *before* I trust you?" you should have clearly stated goals with your project. If its goals align with my own, that's a good reason for me to spend time learning about it. "We're trying to save all the puppies. We've saved over 100 this month." The reason your project is being seen as a scam and disingenuous is very likely because the way you carry it and the way you defensively communicate to all people. You came here to have a little help session to learn what's wrong with your project, and you immediately start to yell how unfair it is people want you to answer any question they have. Well, there's the answer. This thread was like watching someone miss a T-ball ten times in a row.

WeeniePops

Dude, no lol. They moved it OFF the exchange. Mostly likely into their wallet to hold. Unless they took it off CB just to sell it on another, I seriously doubt it.

Giga79

"Why dnt PPL take me srsly?" "Because you sound like you're 12 years old." >What question?! You asked why you should trust us with your cash. I DID CLEARLY ANSWER.... WE ARENT ASKING FOR YOUR, OR ANYONE ELSES CASH. > >Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed. Self awareness = 0

IcArUs362

What question?! You asked why you should trust us with your cash. I DID CLEARLY ANSWER.... WE ARENT ASKING FOR YOUR, OR ANYONE ELSES CASH. Nobody said you owed anybody anything. All I said is DONT SIT HERE AND SPOUT OFF ABOUT US BEING UNTRUTHFUL IF YOU HAVENT EVEN TAKEN THE TIME TO JOIN OUR COMMUNITY/LEARN ABOUT US. AKA don't judge us and make proclamations about us simply bcz SBF existed.

clue5tick

I propose a contest, to see what could be **MORE OFF-TOPIC** than this post.

Charon751

To all BitBoys out there: FUCK OFF.

Oscar_G_13

"Stop telling the truth to people who want to be lied to, I need my money back" This is a false bull run. Will hit \~35 to \~40k, jobs will plummet, media will push more \_\_\_\_\_ TECH COMPANY HAS JUST LAID OFF THOUSANDS!!!!! JP will punch us again on the wallets to get that "SOFT" landing and people will liquidate highest risk assets first and whats a higher risk than Elon Musks big mouth? Crypto. Be careful, dont be lied to, dont FOMO at the mouth because you think BTC is going to 1 trillion dollars per shitoshi.

Crypt0fart

This ☝️ also get yo COINS OFF THE EXCHANGES ✌️

Squirrel_McNutz

LIGHTS OFF AND AWAY WE GOOOO! (iykyk)

RoscoRoscoMan

Go here to find a wallet. https://bitcoin.org/en/choose-your-wallet I recommend just buying a Coldcard however do your own research. You can buy Bitcoin off close friends and family or from a reputable exchange if you don't know anyone wanting to sell some. DO NOT BUY OFF RANDOM INTERNET PEOPLE!!! Go here to find an exchange to buy Bitcoin. https://bitcoin.org/en/exchanges#international I recommend just using Coinbase or Binance for your first purchase however do your own research. Follow Coldcard instructions to set up. Buy from exchange and send to Coldcard. Good luck.

kirtash93

\*Tin foil hat ON\* CZ is a henchman of the Chinese government trained to reach the financial top of the United States so that when he is at the top he will destroy it from within. \*Tin foil hat OFF\*

MoodNo9836

[GET YOUR BITCOIN OFF THE EXCHANGE! USE YOUR OWN WALLET. NOT YOUR KEYS, NOT YOUR COINS.](https://i.postimg.cc/wxQd6ZbR/nokyc-1.jpg)

Street-Engineer-5079

Why a centralised crap with ON/OFF button is being compared to Polygon and Ethereum?

MycroFeline

You do you, buddy. Nakamoto coefficient means nothing when one small group of people gets to decide when the mainnet is on or OFF, which is Solana’s preferred state according to history.

Prudent-Assistant931

I feel like alts are ready to go OFF when BTC starts to pump

PlsRespond1

Most people seem to forget or not know at all that before, crypto.com was Monaco and did an ICO for the MCO token. Then they bought the crypto.com domain and issued a new token, the CRO, and converted the 30 million supply to the new token with 30 billion supply, effectively x1000 the total supply but only offering something like 32:1 swap for people to convert their MCO to CRO. RIPPING OFF ALL OF ITS PREVIOUS ICO INVESTORS. They might have been legit going forward (without mentioning all the screw-ups and the reduced staking shenanigans), but I could never trust an exchange that started off screwing its entire investor base. You just know that they would do it again if ever they needed to, and there's just too many risks already in this space to trust them again.

LatinumGirlOnRisa

something just doesn't smell right about this Luke guy. esp. after reading further down the comments re: his 'fundrsisers,' etc. he's, literally, the only person I've heard about whose been active in the BTC space since much earlier days, who (possibly) didn't keep up with crypto security technology.. something is very OFF about this individual, *very* off.

MaeronTargaryen

No no, we said turning you OFF

coupl4nd

Of course he won't. Influencers will straight lie to you ALL THE TIME. Get it in your head. They are lying. They say buy when they sell. They say sell when they buy. I can't repeat this enough. It's no good trying to hold them to moral standards. THEY HAVE NONE. They LIE for a LIVING. They are making money OFF THEIR FOLLOWERS.

Chefboyaidin

With Sam at the helm, nothing is impossible....FYI, KUcoin IS UNDER THE TELESCOPE. WORD ON THE CHAIN, THEY'RE GIVING OFF FTX VIBES.. PSA: NOT YOUR KEYS, NOT YOUR. CRYPTO!!!! Hopefully BINANCE LAW-TEAM IS ON OJ SIMPSON LEVEL...

imperator285

Dude you only have yourself to blame. People have been screaming GET YOUR MONEY OFF EXCHANGE/NOT YOUR KEYS NOT YOUR COINS for months if not years. You deserve zero sympathy.

APazzini

Mark, with all due respect, FUCK OFF! 😂

Sithaun_Meefase

I’m into the fiat ON and OFF ramp operating on L2. I’ve never been able to send $10 of ETH to someone without the fee being like $30. I sent someone $5 the other day and the fee was $0.25 Yeah there’s hype around the GME saga. Which is cool I love that community. There’s a lot more to that project though. Changing the game.

LurkerGhost

However, if the defendant fully complies with the understandings specified in this Agreement, **no testimony or other information given by the defendant (or any other information directly or indirectly derived therefrom) will be used against the defendant in any criminal tax prosecution.** Moreover, if the defendant fully complies with the understandings specified in this Agreement, the **defendant will not be further prosecuted criminally** by this Office for **any crimes.** SHE GOT OFF FOR FREE. FOR FUCKING FREE. HOLY SHIT.

lordsamadhi

The thing about exchanges is.... the "Bitcoin" that shows in your wallet there is really just an entry in their centralized database. It's more of an IOU, they owe you that much Bitcoin... but the actual Bitcoin may not even exist. Theoretically, they could owe more Bitcoin than they actually have in their custody. This is exactly what happened with FTX and many other exchanges recently. We call this "Paper Bitcoin". It happens with all commodity assets, such as Gold, as well. It's impossible to audit this kind of thing, because it has nothing to do with the Bitcoin network itself. It's all happening inside that company. The more people taking self-custody, the more honest this whole system will be. This is why Bitcoiners are so outspoken about getting your money OFF EXCHANGES. We HATE paper Bitcoin because it muddies the water and sorta defeats the entire point of Bitcoin.

BraidRuner

They made the best deal early and she is talking Sam into jail along with the others. She should get 10 years OFF the 90 year sentence

appleflaxen

Is this your buy? If so, then GET YOUR CRYPTO OFF THE EXCHANGE!! Fidelity is pretty large and established, and therefore (in my opinion) lower risk than FTX or Binance. But you *never* know for sure, and moving your assets into a paper wallet takes about five minutes.

sgtslaughterTV

I hope this makes people wake up to what is useful, what is not, and what to keep on an exchange, and what to keep OFF of an exchange.

ChadBitcoiner

THIS IS NOT A DRILL. MOVE YOUR BITCOIN OFF BINANCE. PS. shitcoin liqudity will dry up without binance in the market so you'd be wise to sell them for bitcoin.

CometBoards

If anything, he did us all a favor to get people to get their coins OFF of CEXs. The whole POINT of crypto is true ownership and self-custody. Without those features, we might as well just embrace the existing banking system that lead to the 2008 financial crisis.

Think-notlikedasheep

You'll be saying "GET OFF MY WALLET" :)

TotesGnar

What's confusing about it is why all of a sudden in 2022 hardware devices that have never had any issues all of a sudden are the END OF THE WORLD. OMG!!! SHITCOINS THAT CAN BE TURNED OFF ARE NOW ALL OF A SUDDEN A PROBLEM. I know a solution! Why don't we BUILD OUR OWN DEVICES from BAMBOO and TAR and USE SATELLITES TO COMMUNICATE with SATOSHI HIMSELF. Seriously people calm TF down.

Fullback22x

Charging a anyone at a OFF-CHAIN entity for fraud that happened OFF-CHAIN has absolutely zero on-chain implications. It sets zero precedent and bolsters the fact that cryptoCURRENCIES was used exactly as that. As a vehicle for SBF to commit fraud between his OFF-CHAIN companies that are not a crypto nor a currency. Even if the SEC went after FTT(not FTX) then there still is no clear precedent being set as FTT displays almost zero functions that any crypto currency we care about does. It would be more likely to set HTTPS certificates as a security than it would something like BTC. This just in: redditor thinks company that used USD as a currency to commit securities fraud makes fiat USD NOT a currency or commodity but a security… because reasons. Just because Bernie madoff used USD as the currency to facilitate his Ponzi scheme has nothing to do with how you view USD as a commodity or currency.

zxx5

if you think about it, it's $83k **OFF** from $100k *(hella discount)* $983k **OFF** from $1 million *(speechless)*

BANNANAHAMMA

and turn OFF your money when you break the rules

JerryLeeDog

NO EXCHANGES ARE SAFE TO HOLD CRYPTO PERIOD GET YOUR SHIT OFF OR RISK A TOTAL LOSS Sorry I yelled. I just care about yall because I lost some money in Voyager. I was smart enough to get the BTC off in time, left some alts. No big deal, but there is no reason for it peeps. Be safe, leave the pennies in the road and use a cold wallet

yourmom_fat_as_hippo

I think it won't work even if we turn it ON and OFF

yourmom_fat_as_hippo

Maybe we should turn OFF and restart it again. It works perfectly for SOL ecosystem.

CTRL22WTF

HE'S A PLANT, FTX WAS TOO! Was planned to harm Crypto rep, lure capital in, crush market, FUD RINSE REPEAT! FOLKS WAKE UP! Coins OFF! Let's BUILD out DECENTRALIZED!

TheMissingNTLDR

\***UPDATE**:\* Thanks to a comment here from u/Main_Pollution8069 As this feature has always been there I went in IOS Settings > Binance and saw something called **"Local Network"** \- **SWITCH THIS OFF** Mine is off and App still works so I suspect this is the setting to get all your Device's data from your LAN. Hope this helps.

Javibtc

If you read the article, they will offer the LAID OFF employees 16 weeks of compensation as severance. That indicates to me they aren’t distressed. They also mentioned that this was surpluses employees who were brought on to meet the demands of the bull run at the time.

alleniversongrandson

SBF if you are reading this, FUCK OFF! Hide like rat whole your life now.

RamboWarFace

GET OFF EXCHANGES! Binance and all that other shit. Cold wallet is your only protection.

powercow

which is one reason why you want an inflationary currency, to encourage people to NOT keep their money in the banks. Which they dont, in general, anymore, especially since we went off the gold standard. Before then, it COULD be more profitable at times, to not invest to not do dick but put your money in the bank and let it sit. AND PS the biggest reason to not leave your disposible income in the bank, is "TO MAKE MONEY OFF YOUR OWN MONEY" god forbid yall learn that fact existed before BTC was even born. ANd BTC didnt change dick about that fact. You could have bought gold in 1980 or stocks. Now you can buy gold, stocks and crypto. DOnt act like you just invented the sun.

CageMyElephant

NOTHING IS OFF LIMITS That same New York Times Reporter, “So what’s your favorite Star Wars Trilogy?”

R0Y-BATTY

Honestly can’t stress this enough : GET YOUR CRYPTO OFF EXCHANGES. People that don’t are literally the people destroying crypto currently by doing so.

ArnzenArms

Not sure you understand this chart. It's not selling its transferring. Moving off exchanges. Moving ON to exchange indicates intent to sell. Moving OFF is hodling. Selling moves from one exchange wallet to anothrer exchange wallet. Not really because of all the rehypothication exchanges play games with. But conceptually selling doesn't move coins off exchange.

XLG-TheSight

>and the mempoolfullRBF configuration is actually OFF by default. This was my understanding as well. I can't help but wonder if there was some intent to muddy the waters wrt this behind the fact the OP and at least one commenter saying it was on by default in the manner they did. Embedded assertions like that are a very common manipulation tactic. btw, Who is "synonym guy"?

the_great_redeemer

HAHAHA I just got it to. FUCK OFF

KAX1107

Most people framing it as controversial screw up the facts and probably don't run a node or malicious sock puppets for companies like Synonym. >nodes can reject transactions at will Lol what? No they can't. First of all mempool is managed by each node individually, there's no common mempool and the mempoolfullRBF configuration is actually OFF by default. This only gives every bitcoin user the option to decide for themselves if they want to turn it on or not. A couple of companies (mainly synonym guy) are misleading their users about zero confirmation as being acceptable. Zero conf is never safe, never acceptable, you should NEVER accept a transaction that is NOT on the blockchain but simply sitting in a node's mempool as having reached settlement finality. Instant payments are already available with Lightning and widely adopted. Also since some people may not know how this works, any update to Bitcoin whether or not it is adopted is decided individually by nodes. Every node controls what they want to run. If someone doesn't want to run an update, they can choose not to. I think Synonym said they won't be running it. That's upto them. Full release notes here - https://github.com/bitcoin/bitcoin/blob/master/doc/release-notes/release-notes-24.0.md

igadjeed

This doesn't seem to be a significant change. It's only removing the need for the user to enable RBF in the wallet, for flagging each transaction as BIP125 replaceable. The same effect would occur if all wallets enabled BIP125 RBF by default Also, because *mempoolfullrbf* defaults to OFF, and few node operators even know how to edit a text file to change bitcoin.conf, the gradual implementation of BIP125 in wallets is going to happen faster than this option is adopted in the node network No objection to this, just pointing out that the people objecting to it are misguided. This debate ended in 2016. RBF is real. It's a bit hard to use, to the extent that a few wallets don't support it, and many still have it off by default In this sub and the other, there are a group of helpers quick to recommend RBF for the "help, stuck transaction" posts. This help would be more effective is it was universal. Too many users claim it's not available, or they submitted the original with RBF off I assume the fee rate boost rule has not changed Adding *mempoolfullrbf* to my node when I upgrade to 24.0

Play_me76

Guys stop this shit. Why is everyone now asking: what about Coinbase? What about binance? What about "insert exchange here" STOP IT AND TAKE YOUR COINS OFF EXCHANGES

DrPechanko

Now this is what the bear winter is all about. Get this shit all rinsed out and dried for a nice reset in 12 months leading up to the halving. Next fall even. I can wait. Take your coins OFF exchanges after you buy them folks.

kirtash93

*Tin foil hat ON* I am almost 100% sure that the US government has talked to them to make this happen. They are clearly trying to whitewash SBF because he knows too much. He knows which politicians are involved in illegal activities with him and also they are in elections. All this smells like US government work. *Tin foil hat OFF*

LetsGetLitPlease

If you can't beat them... PAY OFF BOTH SIDES

yourmom_fat_as_hippo

Ohh come on. It's BitBoy FFS. I mean I won't trust solana ever, but I won't trust BitBoy too. Also, if Solana is ever dead, I think they can just turn it OFF and On until it restarts. They have an experience in doing that frequently . ​ >The token gained a cumulative 15% increase in a seven-day window with a 3.32% increase in its total market cap. Can someone explain this wide gap in increase of coin price vs marketcap? I think I am missing something. Did they burn or locked some coins?

KAX1107

This is a copy pasta. You could have simply linked to the Nitter. Anyway, first of all mempool is managed by each node individually and the mempoolfullRBF configuration is actually OFF by default. This just gives every bitcoin user to decide for themselves if they want to turn it on or not. There's a bit too much misinformation around this starting with framing this as controversial which it is not. This framing is pushed by a couple of companies (mainly synonym guy) which are exploiting and misleading their users about zero confirmation as being acceptable. Zero conf is never safe and instant payments are already available through Lightning. Also as some people may not know how any of this works, any update to Bitcoin whether or not it is adopted is decided individually by every node. Every node controls what they want to run. If someone doesn't want to run an update, they can choose not to.

zorko86

Take your mother flipping coins OFF exchanges!

RobinHodL_

Because Portfolio charting and overview, market overview, fiat on/OFF ramp, integrated swaps just to name a few features and all in one place. Makes, at least, my life easier.

CometBoards

Do. not. trade. Buy either Bitcoin or Ethereum, unless you are willing to do a TON of research (and even then it’s super risky). Then, transfer your crypto OFF THE EXCHANGE and into a private wallet. A bunch of YouTube videos can show you how. A hardware wallet is best. I use Ledger. If you buy a Ledger, it will come with instructions. If you don’t have money for a Ledger, create a wallet and back up your seed phrase.

Fullback22x

Yea, I’m not sure we can lay blame on these guys. They are doing great with educating people and it’s not their fault they couldn’t get 3AC, FTX, CZ and company to admit to legitimate fraud happening off chain in under an hour. I can see they are stressed and feel bad, but there’s no way they could see this coming. Them like everyone else was perfectly ok with this shady off-chain dealings and corrupt pseudo regulated markets facilitating these deals. If anything, GBTC was traded straight on OTC markets. Guess who regulates that? The SEC. They are the only ones that had any type of insight into this and did not a fucking thing. It could even be argued the SEC not taking any type of stance and refusing to investigate played directly into all of this happening. The regulators failed at regulating and every one wants to blame everyone else EXCEPT the SEC, FTX, Genesis, and 3AC and company. Now the judicial branch is complicit, People at the SEC need to be charged, those CEOS need to be charged and US cusotmer funds OFF-CHAIN should be clawed back. It will never happen so best case is to just keep your crypto on-chain in a hardware wallet. This world is very corrupt, but Ryan and David are not the bad guys for having time limited education podcasts.

Feisty_Factor_2694

Is this guy saying that the only thing that SB-F did wrong was get caught. So what is that guy in charge of again? Because those counts will be OFF!

pknfmpm

( 44% OFF) Amazon Black Friday Deal Hanes Men's Hoodie, EcoSmart Fleece Zip-Front Hooded Sweatshirt - $13.49 https://www.amazon.com/gp/product/B00JUM4D2K?th=1&psc=1&linkCode=ll1&tag=pkr04-20&linkId=e5dd6274ea620d7bb53f81dfa14f4705&language=en_US&ref_=as_li_ss_tl

CointestMod

#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.

NYCPATRICK

The customer service number is 1-800-FU#K-OFF Give them a call if you hav any problems with Bitcoin.

Cjhman1

Buy from the official website. Who cares if you lose your ledger? The only thing that matters is your seed phrase. If you are worried you will send to the wrong address, check yourself 10x. And get your CRYPTO OFF THE EXCHANGE. It's not that expensive to transfer, in fact, losing your crypto because an exchange collapses is MUCH more expensive.

CunningStunt_1

Every single chainlink thread. You make a similar boring comment. It's not even funny FUD, it's just boring. BORE OFF

CointestMod

#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.

YaBoiSparty

Oh yeah please tell me the wef wasn't involved and this wasn't deliberate now.. you'll never convince me this wasnt all staged to bring this shit about quicker harder and faster than we all could imagine..GET YOUR BTC OFF EXCHANGE CUZ THEY WILL TRY TO GET RID OF SELF CUSTODY.

rodmandirect

Received! Thank you. What do you use to get your sats OFF the Lightning network, back to a main chain address?

CointestMod

#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.

CleazyCatalystAD

F OFF (BTW this is the natural reactions to true Bear Markets). Wishing you the best…

CointestMod

#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.

Optimal-Ad-5891

This guy still play VIDEOGAME on BAHHAMAS. Something wrong with US gov. (Right i forgot... he PAID THEM OFF)

TomSurman

Is that the Binance UI? ... \*inhales\* # GET YOUR BITCOIN OFF THE EXCHANGE!

CointestMod

#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.

JerryLeeDog

This was only a test However, THIS is exactly how quickly it can happen with exactly as much warning. Consider yourself lucky if you left coins on here and THEN TAKE THEM OFF

Fullback22x

FTX.US does. Additionally, the funds sent from FTX to alameda had some percentage of US based customer origin. It’s not crazy to think we can’t use US based fraud laws already on the books for this. Lastly, idk why other people think other countries are just not in acting regulations. After all said and done, regulatory bodies of 20+ countries will want a piece of SBF. If they don’t then it’s because they don’t want to set a precedent which in itself is stupid as fuck. No guidance from SEC, CFTC and other countries regulatory bodies is what caused this. How the fuck do you create a exchange with zero guidance on who’s regulating you and what to do to meet compliance? If the US said “hey we are using our laws on the books to regulate you as a broker and bank then they would need to comply. The fact they didn’t give guidance and went after LBRY credits and Kim K is a fucking joke. This is on not only FTX but the regulatory bodies of every country not issuing. OFF-CHAIN guidance that fucking regulates this stuff already. The whole question about regulation is how do they regulate on-chain transactions (outside of ETH they can’t). The same regulatory bodies that everyone wants to come in and “save investors” is the same ones that fucked everyone just now.

brianemurray

how much more bs do you have to experience to do self custody. GET YOUR BITCOIN OFF THE EXCHANGES!

whyrageman

Binance is solvent dudes,thats why they do this sketchy stuff,to cover the trails,accusing other exchanges while they cant back up their shit 1:1 anyway All cex needs to die in order for us to grow the space. GET YOUR BTC OFF BINANCE

cy13erpunk

for anyone who isnt asleep GET THE FUCK OFF OF ANY PLATFORM THAT HAS A 'UTILITY' TOKEN \[ie cel,vgx,ftt,etc\]

bundanagumbe

Very fitting that the top reply to his tweet is "FUCK OFF"

Flangepacket

I want to shout it from the rooftops. GET YOUR DAMN CRYPTO OFF THE EXCHANGES. If you’re out here trusting third parties with your shit, you missed a key point somewhere along the line. Sure, if you’re having a pop at trading (you do you) you’ll need your flutter crypto available, but your stack? Your hard earned and well researched potential future wealth? Get it the fuck out of there and into cold storage.

iamsoldats

Regulation is necessary for anything that is outside the realm of decentralization. A centralized exchange? *regulate* A publicly traded company dealing with crypto? *regulate* A VC backed, ICO sporting, premined and centralized project? *regulate* John Q Miner who’s crypto was earned with PoW and whose coins have never touched an exchange and were always held in self custodial wallets? *BACK THE F’ OFF*

CoverYourMaskHoles

Lol self custody is a human right. Get your coins off Binance. CZ has been using the crypto space as his own money making machine. All of his actions spur volatility which spurs trading volume. EXCHANGES MAKE MONEY OFF TRADING VOLUME. It does not matter if BTC goes up or down to him. It’s all the same as long as it’s volatile. Stop using Binance, get off his platform. Most of the volume is bots anyway.

bodymindtrader

CRYPTO.COM going down in hours. GET OFF while you can!!

-_-Stinky-_-

I think ridding crypto of a scheming scamming exchange like CDC is indeed helping ourselves. For those with assets on their platform GET THEM OFF WHILE YOU can. People that took heed of the Celsius 'FUD' are glad that they did. People that took heed of the FTX 'FUD' are glad that they did. For those that have CRO locked away in card stakes, l am truely sorry for your loss.