YEAR

patzii123

what i dont understand is: why did blackrock and all the other etf issuer only file for an etf LAST YEAR and not like some years ago already? why now all of them at (almost) the same time?

CointestMod

#Cosmos Con-Arguments Below is a Cosmos con-argument written by gnarley_quinn. > > THE ANTI-SHILL FOR COSMOS: > INFLATION - Much too high. Staking rewards do not offset the supply increase. > There is a significant discrepancy between the inflation calculated by Messari and CoinMarketCap versus the stated inflation from the various Cosmos ecosystem scanners. > Whether it is because of some hidden lock mechanic for some tokens, and since these values are suppose to represent the circulating supply, it is not a good look for investors to have to justify why the stated inflation does not match the calculated one. > The staking rewards are averaged at 21.57% which is below the calculated inflation value, but above the stated inflation value. The staking rewards claimed on the COSMOS website also state the average APY is less than ten percent, which is significantly lower than the stated inflation. > There is a different incentive to holding which is airdrops. Depending on snapshots, you could get lucky with an airdrop that goes ballistic. > > > SOURCE INFLATION SUPPLY TODAY SUPPLY LAST YEAR > Messari 26.60 % 286,370,297 226,186,564 > Coinmarketcap 26.66 % 286,370,297 226,127,431 > Mintscan 13.82 % 313,077,417 Not provided > Atomscan 13.82 % Not provided Not provided > Cosmoscan 13.81 % 319,984,721.29 Not provided > UTILITY - Limited use. There is no reason to hold the token other than speculation > There is actually very little utility for the ATOM token. By staking ATOM, you are able to vote in Cosmos Hub governance decisions, but that is about it. There doesn't seem to be much reason to actually hold it other than it might go up or down and thus you could sell it. For context, other projects require their token to be used for fees or NFT sales. According to cryptofees, the COSMOS chain doesn't seem to actually make any money, the projects built on it do - which still doesn't seem to give a reason to hold ATOM. > DAILY ACTIVITY - It is a mystery! > Try as I might, I could not find statistics anywhere about how many addresses are actually being used on the COSMOS chain. To me, this is a massive red flag. I can find transactions on several sites quite easily, but not being able to find statistics showing me the total number of wallets created, and what percentage of them are currently being used seems impossible. This is a massive issue in terms of transparency on the chain. > Transactions > For what its worth, the average transactions seems fairly consistent, but until I can see the number of wallets that are active, I have no way of knowing if any of these are real users, bots, or just staking rewards. > MARKETCAP DOMINANCE - Falling all year > Obviously the entire crypto asset class is down this year, but if you compare like for like, you can still get a sense of whether the token is holding up well or not. > The marketcap dominance for COSMOS is roughly half of what it was at the beginning of the year. Reaching a top of around 0.6 % of the Crypto market in February, it now sits at 0.3 %. All altcoins will lose dominance in a bear market, but you would want the crypto to hold its own in the class as much as possible. Dropping 50% is not a good thing. > The dominance picked up prior to the announcement of 2.0, but has since fallen away again. > Marketcap dominance > TOTAL VALUE LOCKED - Where is it? > This value helps understand how many people are staking COSMOS and in a sense how commited investors are to the project. Yet once again this is a figure that is difficult to ascertain. > According to DefiLlama, there is no reported TVL directly for the ATOM token. Once again, they list all the projects built on top of the blockchain. The bonded tokens provided on mintscan also seem to correlate to this value. The highest individual TVL seems to CRONOS or KAVA, but I personally dont believe the locked tokens on an individual project on a blockchain should count towards the TVL on another chain. This is not necessarily a bad thing about the TVL for the ecosystem, but it begs the question again, what is the point of holding the ATOM token? > DECENTRALISATION - Some validators have too much control of the network > There are currently \~175 validators which is gives a Nakamoto Co-efficient of just 7. This is roughly the same level of decentralisation as Binance and is a terrible score. COSMOS really needs to increase the numbers of validators quickly because the distribution of tokens across the staking validators is a significant risk. > Nakamoto Coefficient > BIGGEST COMPETITION - Polkadot still higher in most cases > All cryptos are essentially in some sort of competition with each other. Due to the rationale, goals and purpose the blockchain, the biggest competitor to COSMOS is likely POLKADOT. > Again, the crypto asset class is down, by comparing marketcap dominance, Polkadot is still more than double the marketcap of COSMOS. > While Polkadot actually has about half the number of validators as COSMOS, the staking mechanism results in a much better Nakamoto-Coefficient of 85. This means Polkadot is 12 times more decentralised than Cosmos. > \*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\* > CONCLUSION: > Holding the ATOM token is pretty much only for speculation - you may get some free stuff or see the price rise. > TLDR: Just read the bold headlines ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

WebexBlack

PARKING your money in bitcoin IS a dumb idea (even if you expect the halving to increase the price of bitcoin) because the idea is they want to use it and it be at least worth the same price guaranteed in a year. So you’re saying you see all those down trends before and after the halving and you want to advise this couple to use bitcoin as a savings account? Not one single responsible financial advisor even those extensively aware of and pro blockchain would advise that so I don’t see what’s wrong with their decision to avoid bitcoin🤷‍♂️. Maybe buy one bitcoin as an investment but don’t put your life savings YOU PLAN TO USE IN A YEAR in it, no fricking way ?

el_rico_pavo_real

Ohhhh wait, $8K PER YEAR… NVM

InternationalTwo5255

I’ve been saying for years we should be petitioning the developers and miners to take us down to one single Bitcoin so we can show the world how easy and inconsequential it would be to stake our entire financial system on one single Bitcoin which we subdivide as needed. Imagine bitcoin, but *Twenty One Million Times* as scarce as the original. Had anyone bothered to listen, we’d all be comfortably retired quadrillionaires by now living in mansions inside of mansions, driving around our fiefdoms in solid gold lambos while the coinless peasants swarm around us to *beg* for our sats…. but now we’re gonna have to wait another YEAR til the lame ass halvening to maybe have enough buying power for a few 3rd world shit hole islands in the South Pacific because “21 million” had to be the magic fucking number. I tried.

PipeGeneralCnD

What are you talking about? The USD doesn't have weeks where it fluctuates 15% lol. Businesses can prepare for and hedge against 2% annual inflation. They cannot prepare for the times bitcoin loses over 70% value in just ONE YEAR lol.

zombieautopilot81

John "CURRENT YEAR" Oliver.

CointestMod

#Cosmos Con-Arguments Below is a Cosmos con-argument written by gnarley_quinn. > > THE ANTI-SHILL FOR COSMOS: > INFLATION - Much too high. Staking rewards do not offset the supply increase. > There is a significant discrepancy between the inflation calculated by Messari and CoinMarketCap versus the stated inflation from the various Cosmos ecosystem scanners. > Whether it is because of some hidden lock mechanic for some tokens, and since these values are suppose to represent the circulating supply, it is not a good look for investors to have to justify why the stated inflation does not match the calculated one. > The staking rewards are averaged at 21.57% which is below the calculated inflation value, but above the stated inflation value. The staking rewards claimed on the COSMOS website also state the average APY is less than ten percent, which is significantly lower than the stated inflation. > There is a different incentive to holding which is airdrops. Depending on snapshots, you could get lucky with an airdrop that goes ballistic. > > > SOURCE INFLATION SUPPLY TODAY SUPPLY LAST YEAR > Messari 26.60 % 286,370,297 226,186,564 > Coinmarketcap 26.66 % 286,370,297 226,127,431 > Mintscan 13.82 % 313,077,417 Not provided > Atomscan 13.82 % Not provided Not provided > Cosmoscan 13.81 % 319,984,721.29 Not provided > UTILITY - Limited use. There is no reason to hold the token other than speculation > There is actually very little utility for the ATOM token. By staking ATOM, you are able to vote in Cosmos Hub governance decisions, but that is about it. There doesn't seem to be much reason to actually hold it other than it might go up or down and thus you could sell it. For context, other projects require their token to be used for fees or NFT sales. According to cryptofees, the COSMOS chain doesn't seem to actually make any money, the projects built on it do - which still doesn't seem to give a reason to hold ATOM. > DAILY ACTIVITY - It is a mystery! > Try as I might, I could not find statistics anywhere about how many addresses are actually being used on the COSMOS chain. To me, this is a massive red flag. I can find transactions on several sites quite easily, but not being able to find statistics showing me the total number of wallets created, and what percentage of them are currently being used seems impossible. This is a massive issue in terms of transparency on the chain. > Transactions > For what its worth, the average transactions seems fairly consistent, but until I can see the number of wallets that are active, I have no way of knowing if any of these are real users, bots, or just staking rewards. > MARKETCAP DOMINANCE - Falling all year > Obviously the entire crypto asset class is down this year, but if you compare like for like, you can still get a sense of whether the token is holding up well or not. > The marketcap dominance for COSMOS is roughly half of what it was at the beginning of the year. Reaching a top of around 0.6 % of the Crypto market in February, it now sits at 0.3 %. All altcoins will lose dominance in a bear market, but you would want the crypto to hold its own in the class as much as possible. Dropping 50% is not a good thing. > The dominance picked up prior to the announcement of 2.0, but has since fallen away again. > Marketcap dominance > TOTAL VALUE LOCKED - Where is it? > This value helps understand how many people are staking COSMOS and in a sense how commited investors are to the project. Yet once again this is a figure that is difficult to ascertain. > According to DefiLlama, there is no reported TVL directly for the ATOM token. Once again, they list all the projects built on top of the blockchain. The bonded tokens provided on mintscan also seem to correlate to this value. The highest individual TVL seems to CRONOS or KAVA, but I personally dont believe the locked tokens on an individual project on a blockchain should count towards the TVL on another chain. This is not necessarily a bad thing about the TVL for the ecosystem, but it begs the question again, what is the point of holding the ATOM token? > DECENTRALISATION - Some validators have too much control of the network > There are currently \~175 validators which is gives a Nakamoto Co-efficient of just 7. This is roughly the same level of decentralisation as Binance and is a terrible score. COSMOS really needs to increase the numbers of validators quickly because the distribution of tokens across the staking validators is a significant risk. > Nakamoto Coefficient > BIGGEST COMPETITION - Polkadot still higher in most cases > All cryptos are essentially in some sort of competition with each other. Due to the rationale, goals and purpose the blockchain, the biggest competitor to COSMOS is likely POLKADOT. > Again, the crypto asset class is down, by comparing marketcap dominance, Polkadot is still more than double the marketcap of COSMOS. > While Polkadot actually has about half the number of validators as COSMOS, the staking mechanism results in a much better Nakamoto-Coefficient of 85. This means Polkadot is 12 times more decentralised than Cosmos. > \*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\* > CONCLUSION: > Holding the ATOM token is pretty much only for speculation - you may get some free stuff or see the price rise. > TLDR: Just read the bold headlines ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

CointestMod

#Cosmos Con-Arguments Below is a Cosmos con-argument written by gnarley_quinn. > > THE ANTI-SHILL FOR COSMOS: > INFLATION - Much too high. Staking rewards do not offset the supply increase. > There is a significant discrepancy between the inflation calculated by Messari and CoinMarketCap versus the stated inflation from the various Cosmos ecosystem scanners. > Whether it is because of some hidden lock mechanic for some tokens, and since these values are suppose to represent the circulating supply, it is not a good look for investors to have to justify why the stated inflation does not match the calculated one. > The staking rewards are averaged at 21.57% which is below the calculated inflation value, but above the stated inflation value. The staking rewards claimed on the COSMOS website also state the average APY is less than ten percent, which is significantly lower than the stated inflation. > There is a different incentive to holding which is airdrops. Depending on snapshots, you could get lucky with an airdrop that goes ballistic. > > > SOURCE INFLATION SUPPLY TODAY SUPPLY LAST YEAR > Messari 26.60 % 286,370,297 226,186,564 > Coinmarketcap 26.66 % 286,370,297 226,127,431 > Mintscan 13.82 % 313,077,417 Not provided > Atomscan 13.82 % Not provided Not provided > Cosmoscan 13.81 % 319,984,721.29 Not provided > UTILITY - Limited use. There is no reason to hold the token other than speculation > There is actually very little utility for the ATOM token. By staking ATOM, you are able to vote in Cosmos Hub governance decisions, but that is about it. There doesn't seem to be much reason to actually hold it other than it might go up or down and thus you could sell it. For context, other projects require their token to be used for fees or NFT sales. According to cryptofees, the COSMOS chain doesn't seem to actually make any money, the projects built on it do - which still doesn't seem to give a reason to hold ATOM. > DAILY ACTIVITY - It is a mystery! > Try as I might, I could not find statistics anywhere about how many addresses are actually being used on the COSMOS chain. To me, this is a massive red flag. I can find transactions on several sites quite easily, but not being able to find statistics showing me the total number of wallets created, and what percentage of them are currently being used seems impossible. This is a massive issue in terms of transparency on the chain. > Transactions > For what its worth, the average transactions seems fairly consistent, but until I can see the number of wallets that are active, I have no way of knowing if any of these are real users, bots, or just staking rewards. > MARKETCAP DOMINANCE - Falling all year > Obviously the entire crypto asset class is down this year, but if you compare like for like, you can still get a sense of whether the token is holding up well or not. > The marketcap dominance for COSMOS is roughly half of what it was at the beginning of the year. Reaching a top of around 0.6 % of the Crypto market in February, it now sits at 0.3 %. All altcoins will lose dominance in a bear market, but you would want the crypto to hold its own in the class as much as possible. Dropping 50% is not a good thing. > The dominance picked up prior to the announcement of 2.0, but has since fallen away again. > Marketcap dominance > TOTAL VALUE LOCKED - Where is it? > This value helps understand how many people are staking COSMOS and in a sense how commited investors are to the project. Yet once again this is a figure that is difficult to ascertain. > According to DefiLlama, there is no reported TVL directly for the ATOM token. Once again, they list all the projects built on top of the blockchain. The bonded tokens provided on mintscan also seem to correlate to this value. The highest individual TVL seems to CRONOS or KAVA, but I personally dont believe the locked tokens on an individual project on a blockchain should count towards the TVL on another chain. This is not necessarily a bad thing about the TVL for the ecosystem, but it begs the question again, what is the point of holding the ATOM token? > DECENTRALISATION - Some validators have too much control of the network > There are currently \~175 validators which is gives a Nakamoto Co-efficient of just 7. This is roughly the same level of decentralisation as Binance and is a terrible score. COSMOS really needs to increase the numbers of validators quickly because the distribution of tokens across the staking validators is a significant risk. > Nakamoto Coefficient > BIGGEST COMPETITION - Polkadot still higher in most cases > All cryptos are essentially in some sort of competition with each other. Due to the rationale, goals and purpose the blockchain, the biggest competitor to COSMOS is likely POLKADOT. > Again, the crypto asset class is down, by comparing marketcap dominance, Polkadot is still more than double the marketcap of COSMOS. > While Polkadot actually has about half the number of validators as COSMOS, the staking mechanism results in a much better Nakamoto-Coefficient of 85. This means Polkadot is 12 times more decentralised than Cosmos. > \*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\* > CONCLUSION: > Holding the ATOM token is pretty much only for speculation - you may get some free stuff or see the price rise. > TLDR: Just read the bold headlines ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

CosmicHorizonGuru

No way tether actually has $83,735,689,492 **USD** worth of anything to back up their books. I am curious to see how they pull this off... in a YEAR lol

CleazyCatalystAD

They stated that they were selling a substantial amount THIS YEAR. They did not, but sold some on CB maybe six months ago. Maybe they are finally (hopefully) understanding that BTC is digital gold, that should be saved, rather than sold off.

Odd-Radio-8500

>15,000 Dogecoin get minted every MINUTE. That's 14.4million Dogecoin per DAY. Or over 5 billion every YEAR. That's why DOGE is Memecoin for a reason.

DonerTheBonerDonor

Fun fact: 15,000 Dogecoin get minted every MINUTE. That's 14.4million Dogecoin per DAY. Or over 5 billion every YEAR. This means that it's getting harder & harder for Dogecoin to hit its previous ATH due to the sheer amount of coins that get created every moment. The fact that there are now 10billion coins more than during the bullrun of 2021 is crazy. Plus there's not supply cap with Doge.

Local_Imagination_33

Buy anytime and sell exactly ONE YEAR after the Halving. Good luck!

mbdtf95

Website is months old man lol. I would not copy a 20 day old post on here lol, that is ridiculous. Here is a YEAR OLD TWEET that posted same website https://twitter.com/taha_crypto1/status/1600645612692815873 Sorry dude and yes you seem to have made a post about same topic, but it is not an original thought in any way. Website that made this is at least 1 year old

Main_Departure_5841

MY PROBLEM IS STILL NOT SOLVED! PLEASE KEEP IN MIND THAT THIS CAN HAPPEN TO ANYONE! MY WITHRAWALS ARE SUSPENDED SINCE A YEAR SO WAY BEFORE THE TIME THAT BINANCE LEFT THE NETHERLANDS. I TOLD THAT TO THE CS FOR THE DATE. ​ HAS SOMEONE A SOLUTION? ​ BTW BINANCE WHEN YOU READ THIS I HOPE YOU WIL CHOKE TO DEATH

CointestMod

#Cosmos Con-Arguments Below is a Cosmos con-argument written by gnarley_quinn. > > THE ANTI-SHILL FOR COSMOS: > INFLATION - Much too high. Staking rewards do not offset the supply increase. > There is a significant discrepancy between the inflation calculated by Messari and CoinMarketCap versus the stated inflation from the various Cosmos ecosystem scanners. > Whether it is because of some hidden lock mechanic for some tokens, and since these values are suppose to represent the circulating supply, it is not a good look for investors to have to justify why the stated inflation does not match the calculated one. > The staking rewards are averaged at 21.57% which is below the calculated inflation value, but above the stated inflation value. The staking rewards claimed on the COSMOS website also state the average APY is less than ten percent, which is significantly lower than the stated inflation. > There is a different incentive to holding which is airdrops. Depending on snapshots, you could get lucky with an airdrop that goes ballistic. > > > SOURCE INFLATION SUPPLY TODAY SUPPLY LAST YEAR > Messari 26.60 % 286,370,297 226,186,564 > Coinmarketcap 26.66 % 286,370,297 226,127,431 > Mintscan 13.82 % 313,077,417 Not provided > Atomscan 13.82 % Not provided Not provided > Cosmoscan 13.81 % 319,984,721.29 Not provided > UTILITY - Limited use. There is no reason to hold the token other than speculation > There is actually very little utility for the ATOM token. By staking ATOM, you are able to vote in Cosmos Hub governance decisions, but that is about it. There doesn't seem to be much reason to actually hold it other than it might go up or down and thus you could sell it. For context, other projects require their token to be used for fees or NFT sales. According to cryptofees, the COSMOS chain doesn't seem to actually make any money, the projects built on it do - which still doesn't seem to give a reason to hold ATOM. > DAILY ACTIVITY - It is a mystery! > Try as I might, I could not find statistics anywhere about how many addresses are actually being used on the COSMOS chain. To me, this is a massive red flag. I can find transactions on several sites quite easily, but not being able to find statistics showing me the total number of wallets created, and what percentage of them are currently being used seems impossible. This is a massive issue in terms of transparency on the chain. > Transactions > For what its worth, the average transactions seems fairly consistent, but until I can see the number of wallets that are active, I have no way of knowing if any of these are real users, bots, or just staking rewards. > MARKETCAP DOMINANCE - Falling all year > Obviously the entire crypto asset class is down this year, but if you compare like for like, you can still get a sense of whether the token is holding up well or not. > The marketcap dominance for COSMOS is roughly half of what it was at the beginning of the year. Reaching a top of around 0.6 % of the Crypto market in February, it now sits at 0.3 %. All altcoins will lose dominance in a bear market, but you would want the crypto to hold its own in the class as much as possible. Dropping 50% is not a good thing. > The dominance picked up prior to the announcement of 2.0, but has since fallen away again. > Marketcap dominance > TOTAL VALUE LOCKED - Where is it? > This value helps understand how many people are staking COSMOS and in a sense how commited investors are to the project. Yet once again this is a figure that is difficult to ascertain. > According to DefiLlama, there is no reported TVL directly for the ATOM token. Once again, they list all the projects built on top of the blockchain. The bonded tokens provided on mintscan also seem to correlate to this value. The highest individual TVL seems to CRONOS or KAVA, but I personally dont believe the locked tokens on an individual project on a blockchain should count towards the TVL on another chain. This is not necessarily a bad thing about the TVL for the ecosystem, but it begs the question again, what is the point of holding the ATOM token? > DECENTRALISATION - Some validators have too much control of the network > There are currently \~175 validators which is gives a Nakamoto Co-efficient of just 7. This is roughly the same level of decentralisation as Binance and is a terrible score. COSMOS really needs to increase the numbers of validators quickly because the distribution of tokens across the staking validators is a significant risk. > Nakamoto Coefficient > BIGGEST COMPETITION - Polkadot still higher in most cases > All cryptos are essentially in some sort of competition with each other. Due to the rationale, goals and purpose the blockchain, the biggest competitor to COSMOS is likely POLKADOT. > Again, the crypto asset class is down, by comparing marketcap dominance, Polkadot is still more than double the marketcap of COSMOS. > While Polkadot actually has about half the number of validators as COSMOS, the staking mechanism results in a much better Nakamoto-Coefficient of 85. This means Polkadot is 12 times more decentralised than Cosmos. > \*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\* > CONCLUSION: > Holding the ATOM token is pretty much only for speculation - you may get some free stuff or see the price rise. > TLDR: Just read the bold headlines ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

CointestMod

#Cosmos Con-Arguments Below is a Cosmos con-argument written by gnarley_quinn. > > THE ANTI-SHILL FOR COSMOS: > INFLATION - Much too high. Staking rewards do not offset the supply increase. > There is a significant discrepancy between the inflation calculated by Messari and CoinMarketCap versus the stated inflation from the various Cosmos ecosystem scanners. > Whether it is because of some hidden lock mechanic for some tokens, and since these values are suppose to represent the circulating supply, it is not a good look for investors to have to justify why the stated inflation does not match the calculated one. > The staking rewards are averaged at 21.57% which is below the calculated inflation value, but above the stated inflation value. The staking rewards claimed on the COSMOS website also state the average APY is less than ten percent, which is significantly lower than the stated inflation. > There is a different incentive to holding which is airdrops. Depending on snapshots, you could get lucky with an airdrop that goes ballistic. > > > SOURCE INFLATION SUPPLY TODAY SUPPLY LAST YEAR > Messari 26.60 % 286,370,297 226,186,564 > Coinmarketcap 26.66 % 286,370,297 226,127,431 > Mintscan 13.82 % 313,077,417 Not provided > Atomscan 13.82 % Not provided Not provided > Cosmoscan 13.81 % 319,984,721.29 Not provided > UTILITY - Limited use. There is no reason to hold the token other than speculation > There is actually very little utility for the ATOM token. By staking ATOM, you are able to vote in Cosmos Hub governance decisions, but that is about it. There doesn't seem to be much reason to actually hold it other than it might go up or down and thus you could sell it. For context, other projects require their token to be used for fees or NFT sales. According to cryptofees, the COSMOS chain doesn't seem to actually make any money, the projects built on it do - which still doesn't seem to give a reason to hold ATOM. > DAILY ACTIVITY - It is a mystery! > Try as I might, I could not find statistics anywhere about how many addresses are actually being used on the COSMOS chain. To me, this is a massive red flag. I can find transactions on several sites quite easily, but not being able to find statistics showing me the total number of wallets created, and what percentage of them are currently being used seems impossible. This is a massive issue in terms of transparency on the chain. > Transactions > For what its worth, the average transactions seems fairly consistent, but until I can see the number of wallets that are active, I have no way of knowing if any of these are real users, bots, or just staking rewards. > MARKETCAP DOMINANCE - Falling all year > Obviously the entire crypto asset class is down this year, but if you compare like for like, you can still get a sense of whether the token is holding up well or not. > The marketcap dominance for COSMOS is roughly half of what it was at the beginning of the year. Reaching a top of around 0.6 % of the Crypto market in February, it now sits at 0.3 %. All altcoins will lose dominance in a bear market, but you would want the crypto to hold its own in the class as much as possible. Dropping 50% is not a good thing. > The dominance picked up prior to the announcement of 2.0, but has since fallen away again. > Marketcap dominance > TOTAL VALUE LOCKED - Where is it? > This value helps understand how many people are staking COSMOS and in a sense how commited investors are to the project. Yet once again this is a figure that is difficult to ascertain. > According to DefiLlama, there is no reported TVL directly for the ATOM token. Once again, they list all the projects built on top of the blockchain. The bonded tokens provided on mintscan also seem to correlate to this value. The highest individual TVL seems to CRONOS or KAVA, but I personally dont believe the locked tokens on an individual project on a blockchain should count towards the TVL on another chain. This is not necessarily a bad thing about the TVL for the ecosystem, but it begs the question again, what is the point of holding the ATOM token? > DECENTRALISATION - Some validators have too much control of the network > There are currently \~175 validators which is gives a Nakamoto Co-efficient of just 7. This is roughly the same level of decentralisation as Binance and is a terrible score. COSMOS really needs to increase the numbers of validators quickly because the distribution of tokens across the staking validators is a significant risk. > Nakamoto Coefficient > BIGGEST COMPETITION - Polkadot still higher in most cases > All cryptos are essentially in some sort of competition with each other. Due to the rationale, goals and purpose the blockchain, the biggest competitor to COSMOS is likely POLKADOT. > Again, the crypto asset class is down, by comparing marketcap dominance, Polkadot is still more than double the marketcap of COSMOS. > While Polkadot actually has about half the number of validators as COSMOS, the staking mechanism results in a much better Nakamoto-Coefficient of 85. This means Polkadot is 12 times more decentralised than Cosmos. > \*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\* > CONCLUSION: > Holding the ATOM token is pretty much only for speculation - you may get some free stuff or see the price rise. > TLDR: Just read the bold headlines ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

teh_d3ac0n

I like the way government agencies warn the public about bitcoin risk and in the meantime the government needs a little less than the entire marketcap of BTC for interest payments EVERY SINGLE YEAR. ​ They should worn the public about the risk of supporting the federal government and its spending addiction instead

pojut

If you deposit the minimum, you'd earn .56 ETH over the course of the entire year (assuming the APR doesn't change.) I don't know about you, but I wouldn't risk (roughly at current prices) $12,000 for the opportunity to earn $800 for free over the course of a YEAR.

Gungho_Gringo

My singular moon… 😭 I get what you mean though. Yea, I’m going to STACK. Trying to be a moon millionaire! That’s only 2739 comments a DAY for a YEAR… eaaaasy. 😪

Gr8WallofChinatown

> APPLE AND GOLDMAN WERE PLANNING STOCK-TRADING FEATURE FOR IPHONES UNTIL MARKETS TURNED LAST YEAR - CNBC CITING SOURCES $AAPL If Goldman gets crypto ETFs, this is huge for the industry

Probably_notabot

It happens *THIS YEAR*??

Gr8WallofChinatown

U.S CPI (YOY) (AUG) ACTUAL: 3.7% VS 3.2% PREVIOUS; EST 3.6% US Aug Consumer Prices +0.6%; Consensus +0.6% US Aug CPI Ex-Food & Energy +0.3%; Consensus +0.2% US Aug Consumer Prices Increase 3.7% From Year Earlier; Core CPI Up 4.3% Over Year US Aug CPI Energy Prices +5.6%; Food Prices +0.2% US Real Average Weekly Earnings -0.1% In Aug GASOLINE CONTRIBUTED TO MORE THAN 50% GAIN IN THE US CPI IN AUGUST U.S. DOLLAR INDEX UP 0.32% TO 104.90 AFTER STRONGER-THAN-EXPECTED US CPI DATA U.S. TREASURY YIELDS RISE AFTER CPI DATA; 10-YEAR YIELD UP 7.20 BPS ON DAY AT 4.336% Important news that impacts crypto

CanadianCompSciGuy

If you believe in the 4 year cycle, this is exactly what you should expect. Go look at a longer term view of Bitcoins price history. (Sorry, prices are in Canadian, as I am) September 2019: The previous ATH was 20k CAD but it was down to 13k CAD. May 2020: The halvening happens. Price is 12.5k CAD. August 2020: Bitcoin begins its vertical climb from 14.5k CAD. Feb 2021: Bitcoin tops out at around 74k CAD. Feb 2021 -> Today: Bitcoin goes up and down (mostly down), but most importantly stays above the previous ATH of 20k CAD. September 2023: You're worried about the price of Bitcoin because it's doing exactly what it's done in the past? This is called the "Buy the fucking dip phase." I'm not expecting anything except sideways movement for another YEAR. If the price hasn't started climbing by Dec 2024, then yeah, I'll be doing a re-evaluation on the situation. Do I believe the 4-year cycle will repeat? Yes, I do. Do I know why the 4-year cycle will repeat? Not really! I have some ideas, but it's not like a mathematical proof or anything. So until the 4-year cycle fails, I'm going to assume the 4-year cycle will repeat. What if Bitcoin goes to zero? Well, that sucks, but I'll be going down with the ship. I'd rather be a part of this Bitcoin idea and lose everything I've invested, than cash out and watch it from the sidelines.

wheelzoffortune

You've been using crypto ONE WHOLE YEAR and you feel like you tried your best... Wow. Here I am having used it for a bit more than 6 years now and I still feel like I haven't even scratched the surface.

pojut

If your bag is small, though, you have to weigh the risk of staking vs just holding what you have. For example, if you hold $100 worth of a coin, and staking that coin would earn you even a 10% APR, that's still only $10 over the course of the entire YEAR. You're risking your entire bag to an exploit, or a platform dying, or any number of other things for a very very very VERY tiny payout. Staking makes sense when you have bags large enough for it to make sense. I'd wager the vast majority of retail crypto investors do not have bags big enough for it to be worth the risk.

Potential-Coat-7233

Due to the slow speed of the layer 1, this means that those 48 million wallets can average under 5 transactions per year. You read that correctly, per YEAR. And before you bring up lightning network…adding funds to lightning network does indeed count as a layer 1 transaction. Now think about mass adoption scenarios…Bitcoin ain’t it.

Tanimjh

There are rumours going around about an r/cc member who made profit THIS YEAR! Now there is no proof, but a lot of people are telling the same story so there must be some merit to it.

ivanowastaken

Man it feels like it was last week. A YEAR AGO???

Potential-Coat-7233

Because of the slow as fuck layer 1, only 221 million lightning channel openings, fund additions, find removal, or closings can occur per year. This means if every adult American has lightning network, they can make a total of ONE of those interactions with lightning network PER YEAR. This is just adult Americans were talking about, much less the 7.5 billion other people on earth.

AltruisticPops

Looking at iow much top earners do here, it's easily HALF YEAR salary for me, monthly. Shit is insane.

fairysquirt

Technically it isn't a scam, but yeah I was in the mint launch and burned 800 usd into near nothing now. It isn't so much a scam it just has depreciating value so you need to keep spending to get the latest thing to sell for profit immediately or you go down with the ship, no long term value besides casino luck. Though I think that isn't an intentional slow rug, it's just the woes of creating a utility that happens to be inflationary, and the inflation outrunning adoption by alot. It is still on FLOW and stuff, the community is cool, the team is nice enough. Not everything in crypto you lose money on is a scam just because it lost value. People are out here investing in PEPE fraud token, not honest projects. So many projects ive seen die deserved mass investment, and the devs sat back and watched 2 minute shit tokens on eth moon instantly over branding on some website and no development whilst they work for years actually developing something in ernest. That has actually been a plague crypto space wide. Binance has been stealing IP left and right, replacing every single thing with a centralized ccp version and everyone loves them for some obscure reason, whilst they wash Tether for Bitfinex for years, stealing everyones USD by buying up Bitcoin and most cryptos to false moon on unbacked Tethers. Really backed by rugged USD. A good example is Blocknet... they applied to list, Binanace asked them a heap of sensitive queries about how it worked (it is peer to peer QT wallet to QT wallet trading between bitcore forked coins, there's a LOT of them) anyway, Binance proceeds to now list Blocknet, but then launches a peer to peer trading section months later. We need to support grass roots. And grass roots projects going down in value because nobody invests in them does NOT compare them to scams which go UP because people greedily buy into hype. Pepe is the biggest rug of all time I think, they've leeched more capital out of people than I think even EOS did with it's 2 YEAR ICO lol. 2.4 Billion dollars trading value on Pepe for a couple of days and it only went down the moment it hit CEX, because the guys who launched the LP only put in 1 ETH which they can get part out with their 6% of supply and never ever ever lose money as they bought in first from their own swap LP, from the 94% supply... even if LP tokens are burned they can still rug having dumped a mill into the scam, wash traded volume up. How swaps balance and work, they will NEVER lose money as they can just swap to get their ETH back, and nobody can get that ETH because they bought the cheapest, from 1 ETH valuation upto mill. The scam nobody sees in PEPE is the ONLY way for people to get true value back out of it is get their ETH OUT of Uniswap. But now it's on CEX with supply distributed far and wide, PEPE can't go back into Uniswap, so price cannot collapse like it should, whilst the devs bleed out true value through selling on CEX, far more than any amount the victims can lambo in thinking it's a legit project. It's literally just a website and 2 minute shit token, with an evaluation at one point of 2.8 Billion dollars... for a meme that isn't theirs, a concept they stole from memetic pepecoin (they even rugged the term memetic from them). Pepe COIN actually HAD a main net, a wallet, a COMMUNITY and MARKETPLACE of HOME GROWN PEPE MEME cards, anyone could make one and list it, was early NFTs. Kekdaq they called it. Pepe rebranded to Meme ticker but was still called Memetic, was on Bittrex for years. All this PEPE scam token did... was hijack a brand in a way that goes against the wishes of the original Pepe comic artist who already stated the culture he supports. Memetic was WAY more wholesome, had development, a community and was grass roots. And people FELL for some centralized gimmicky shit AGAIN with mostly faked trading volume luring in exchanges thirsty for fee earning, luring their customers to all lose money whilst the exchanges used fee earnings to pump into Pepe advertising to ride a wave dumping everyone on the Reef.

Bitcoin1776

Just to 'double down' on the red flags... If founders coins were locked up for 10 yrs, I might say whatever... but founder coins are liked up for... 12 months, and then can get dumped. That's not very long to 'start a revolution'... Satoshi had a huge % of coins early, but effectively he locked them up for 10 yrs + . If Sat sold today, I wouldn't say he 'rug pulled' - if he sold after ONE YEAR lol.. well, then ya lol. And BTC (likely) would have failed.

Collectibl3

Celsius Network changed their TOS a few months before filing for bankruptcy. The changes included the fact that most of their customers who were in the EARN program essentially gave up custody of their crypto by earning "yield" on Celsius. I would have NEVER signed up for Celsius if I knew that when I first signed up. I had a good chunk of money on there, and based on the current plans we will only be getting back 36%. BUT that's not based on today's values, that's based on the prices back in July LAST YEAR when they filed for bankruptcy and crypto was down. A double fucking for sure.

MrGensch

He was also the one who collaborated and crashed luna because he could He had the information and the resources to exploit a flaw in do kwon's code. They hated each other and sbf went after him. Spf did what he set out todo and exploited Lunas algorithmic flaw. ---down went luna. Why would a guilty/fraud man put another 3 billion us dollars into luna to stop the crash? That's what do kwon did to try and stabilize luna/ust. The damage was already too far done. He couldn't bring it back .--why would a guilty man put 3 more "BILLION" US dollars back into a project he originally was gonna rug? Why not run with it? Cause do kwon didn't crash his own project. He got fucked by SBF like everyone else. If you don't believe me, then ask yourself why has binance supported lunc for over a "YEAR" now? They burn their lunc profits every month. What do they have to gain by keeping 2 trillion of the supply and even having their dev team working with the lunc Quant team to re'peg lunc back to ustc? Why do you think, as soon as luna went down, binance (CZ) exposed the papers of FTX, you don't fuck with one of our own. It went down in minutes. CZ knows crypto. And he wouldn't be with lunc if he didn't have a plan to re-peg

Mr_Bob_Ferguson

**THIS ARTICLE IS FROM 1 YEAR AGO.** The crypto that they are talking about is a make believe in-game currency. It has nothing to do with real world crypto.

Crypto8D

Let me hop on that… *snorts a rail* MOONS three fidy END OF YEAR

na3than

Won't work. Let's walk through this. In 2022, total receipts from U.S. income taxes were [$2.6 trillion](https://www.cbo.gov/publication/58891). There are maybe 2 million BTC in the open market available for purchase. (I don't have a source for this. If you don't like my guess, make up your own number and do the math.) The first taxpayers--let's say they owe 1% of the total tax bill--go to the exchanges to get $26 billion in Bitcoin. Miraculously, they're able to buy almost 900,000 Bitcoin at $30k/BTC to pay their $26 billion in taxes before the market catches on that the supply is dwindling. If demand remains constant, decreasing supply to 55% of what it was should cause a reciprocal increase in price, from $30k to around $54k. Now the next 1% of taxpayers are up. They grab more than 480,000 BTC at $54k to pay their $26 billion tax bill before the market catches on. Supply decreases from 1.1 million BTC to 620,000 BTC, driving price up to $96k. The next 1% of taxpayers take 270,000 BTC off the market at $96k to pay their $26 billion bill, leaving 350,000 BTC at $170k. (Again, this assumes no new supply, no other change in worldwide demand, and natural price response.) The next 1% take another 153,000 BTC off the market at $170k, leaving 197,000 BTC at $300k. The next 1% take another 87,000 BTC off the market at $300k, leaving 110,000 BTC at $540k. So far, only 5% of the nation's income tax bill FOR A SINGLE YEAR has been converted into Bitcoin, and the price of Bitcoin has gone up ~1700%. The government has collected almost 1.9 million Bitcoin. Will they get it all? Another 1% of U.S. taxpayers pay their $26 billion using 48,000 BTC bought at $540k, leaving 62,000 at $960k. Another 1% of U.S. taxpayers pay their $26 billion using 27,000 BTC bought at $960k, leaving 35,000 at $1,700,000. Another 1% of U.S. taxpayers pay their $26 billion using 15,000 BTC bought at $1.7M, leaving 20,000 at $3,000,000. Another 1% of U.S. taxpayers pay their $26 billion using 9,000 BTC bought at $3M, leaving 11,000 at $5,500,000 Another 1% of U.S. taxpayers pay their $26 billion using 4,700 BTC bought at $5.5M, leaving 6,300 at $9,600,000. So far, only 10% of the nation's income tax bill FOR A SINGLE YEAR has been converted into Bitcoin, and the price of Bitcoin has gone up to almost $10M per Bitcoin. There is now less than 7000 Bitcoin for sale IN THE WORLD, because HODLERS ARE STILL HODLING, not sending their scarce commodity to exchanges. NO ONE IS SELLING. THEY'D BE CRAZY TO, KNOWING THERE'S ANOTHER $2.34 TRILLION ON ITS WAY FROM US TAXPAYERS AND ONLY A FEW THOUSAND BITCOIN AVAILABLE FOR SALE. The next 1% of taxpayers drive the price of this scarce commodity to $17M/BTC. The next 1%, $30M. The next 1%, $54M. Then $96M, then $170M, leaving less than 350 BTC on exchanges and still $2.13 TRILLION in U.S. taxpayer dollars on its way. The next 5% of taxpayers drive the price to over $3,000,000,000 per BTC ... but it takes only 330 BTC to pay their combined $130 billion tax bill. The next 5% drive the price to $54 billion and pay their $130 billion tax bill using less than 18 BTC. The more BTC they take off the market, the more scarce it becomes, the higher the price, and the less BTC it takes to pay the bill. With only a quarter of the US income tax receipts paid in Bitcoin, this policy has driven the price of Bitcoin to more than $54,000,000,000, meaning the nearly $2 TRILLION the government collects from the remaining 75% of taxpayers can be tendered with just a handful of Bitcoin. They're able to get 99% of the Bitcoin *that sellers put up for sale on exchanges*, but the remaining 90% of the Bitcoin that exists in the world is forever priced beyond anyone's reach.

AllKindsofGains

Oi bruv your doctors make less than me as a software developer. This guy is gonna take 300k in debt and make like 300-1mil A YEAR throughout his career. If there was a profession to take debt for , an MD is it.

ineedmoney2023

Thanks. I need money **THIS YEAR**

Schniiic

Space Invaders? WHAT YEAR IS IT

elperorojo

The lowest they could have bought LAST YEAR but they could have ridden out one bull run already without selling

TertlFace

Actually, I spent almost the whole year undergoing two surgeries and radiation for cancer. I was out of work and living off savings and donations. Not exactly able to buy crypto. So no, it’s not “completely [their] own fault.” I missed the best accumulation phase since 2018 trying to stay alive and did. So there’s that. Can’t regret that. But if you don’t think it pisses me off that I missed a YEAR of accumulation… Well, feel free to send me any BTC you’d like.

wylie2020

They been saying altcoins are going to zero for about 8 straight years, THIS YEAR NO DIFFERENCE.

InternationalTwo5255

Here’s a step-by-step process to quite conclusively prove that the vast majority of Bitcoin holders are quite conclusively in profit. 1. Carefully adjust your Bitcoin chart to the “10 year” time frame. 2. Observe that (for the vast majority of the time) Bitcoins current price is lower than the price of Bitcoin today. 3. With your high-level analysis now complete, you can quite conclusively assume that the vast majority of those who ever purchased Bitcoin must have purchased it below today’s price and thus have profited quite conclusively. Some takeaways: 1. Remember to always purchase your Bitcoin below whatever the current price is to ensure that you will remain among the majority of highly profitable Bitcoin holders. 2. DO NOT USE A TWO YEAR TIME FRAME BECAUSE THERES NOTHING TO SEE THERE AND BESIDES VERY FEW PEOPLE BOUGHT BITCOIN AT THAT TIME EXCEPT FOR A MICROSCOPIC MINORITY OF EXTREMELY DUMB LOSERS.

Zero_Effekt

>Oh yeah I should mention, 3 of my on ramp exchanges closed THIS YEAR, so I literally only have coinbase left as an option Coinbase is my only option because of essentially the same reason. I'm not in the mood to go over to Kraken and Gemini to give them all of my personal information including a picture of my photo ID. There's only so many times I'm going to do that before enough is fucking enough. Everyone casually giving Plaid their bank login creds to save a few bucks on fees deserve having their financial privacy abused. Plaid's done it before and I can guarantee they're already doing it again. Every single line item in their bank statement is going to be perpetually accessed by Plaid until they change their password. lol

AdSilent782

I don't have the wait a week to buy but you do have to pay the fee again if you withdraw. Its insane that this just became the norm after the bear market. Also based on the replies in this thread I can tell about 90% of people either just hand out their password or have no idea that they already did Its absolutely insane to me Oh yeah I should mention, 3 of my on ramp exchanges closed THIS YEAR, so I literally only have coinbase left as an option

danni_darko

* BCH has been sideways FOR A YEAR, and now is breaking out. Compared to its past ATH, its price is low. * BCH is one of the only 4 cryptos that will be traded in EDXM exchange. * BCH is one of the few cryptos that will be available in Hong Kong. * Greedy whales will see that BCH at the moment allows them to double their money more times than just buying BTC or ETH, so a reason to buy for them.

Onnimation

One . . . More . . . YEAR . . . 👴🏼👵

Lolmon1

I mean... when Bitcoin pushes through 30k or 40k or even 50k... people will FOMO back in and all those "Bitcoin 100k this YEAR!" hype videos will be back everywhere.. One day it will boom again...

ahabraken

They want it to move even faster than it already is!! Crazyness, they want this multi year lawsuit to be handled THIS YEAR!! The incredible speed is baffeling.

robxburninator

Justice moves slowly, especially in white collar cases. Madoff was pointed out to be a ponzie more than 2 years before the full collapse, and it took more than a year for him to go to prison. It only went that quickly because they settled (and he served, essentially, life in prison, dying in his cell). Elizabeth holmes' company collapse in 2016, her trial didn't finish for 5 more years and she is just starting her sentence now. Jeff skilling didn't receive his sentence until 6 full years after the collapse of enron Waksal was arrested for insider trading, pled guilty, and it STILL TOOK MORE THAN A YEAR for sentencing. If you actually care about people like SBF and CZ going to jail, a rush to judgement is exactly how you end up getting a conviction tossed out. White collar crimes are really really complicated.

12161986

I’m all for NFTs with functionality, and it sounds like these NFTs will have some ‘functionality’ but I’m not sure what functionality they are selling here and if it would really count. I’m not entirely sure what it is that they are having as the NFT here and that makes me assume it’s bullshit and not really anything. I wonder if what this will be, is the ability to buy digital equipment for your digital superstar for superstar mode or something along those lines. Because when I think of what digital assets Nike could have in these games I’m pretty limited to the logo/images which doesn’t seem useful in the sports game works since Nike would want their logo everywhere anywhere, so maybe it’s equipment? Like you can have some Jordan AirForce Vibes 10 that are NFTs, but that means you’re having to block that equipment from being used in the game so maybe they’ll test it out by saying, “HAVE YOUR NCAA FOOTBALL CUSTOM PLAYER EARN/BUY THE NFTS FOR THESE SHOES AND SEE HOW STYLISH YOUR PLAYER IS CROSSING THE GOAL LINE IN HIS FANCY KICKS FRESHMAN YEAR AND BEYOND… BY TAKING IT WITH HIM TO YOUR MADDEN SUPERSTAR MODE!!!!*”. *bringing NFTs from NCAA Football to Madden NFL requires a $3.99 NFT fee because fuck you, pay us.

FattestLion

It is already at $89. So another $11 is very achievable. A decent prediction for once and not "WILL LTC REACH $420 THIS YEAR!??! STAY TUNED TO FIND OUT!!"

MayorAnthonyWeiner

The black market is estimated to be over $2T https://www.investopedia.com/terms/u/underground-economy The largest ever dark market crypto bust was $3.6B. That’s only a bit over 1% of what the the global market puts out PER YEAR.

Gravy_Wampire

Try billions. Phone call scams alone take between $30 billion and $50 billion PER YEAR IN THE US ALONE. But crypto scams are all people care about.

TexasBoyz-713

For real, complaining about a 2-4% drop when we just went through more than an entire YEAR of constant red

Harucifer

>the industry for making things so damn easy a decade later You're joking, right? A DECADE LATER and things are STILL THIS COMPLICATED is not something to celebrate. Stop coping. For instance, the brazilian government came up with a digital, feeless, instant payment system IN ONE YEAR. https://www.bcb.gov.br/en/financialstability/pix_en In other words: crypto devs responsible for Bitcoin and Ethereum managed to be more incompetent than the brazilian government.

meanathradon

You don't need luck, just patience, and to know generally what happens around BTC halving. I would sprinkle some pocket change at all the meme coins, but the top 10 will prevail during the next halving. LESS THAN A YEAR!!!!

TotesMessenger

I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit: - [/r/coinfantasy] [I just received my income from P2E zero investment after A YEAR](https://www.reddit.com/r/CoinFantasy/comments/136gffp/i_just_received_my_income_from_p2e_zero/)  *^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*

YoungBassGasm

Idk man, maybe it's priced in......because WE HAVE BEEN IN A LEGIT FUCKING RECESSION FOR OVER A YEAR NOW. Jesus Christ what world do you guys live in?

Rice-Fragrant

Real inflation is 5% IN A GOOD YEAR and closer to 7-8% average… that’s over the last 10 years or so too the current method of government measuring inflation is a total FARSE!

A_Downboat_Is_A_Sub

As a comparison, note that even Freebitco.in offers only 4.08% interest on bitcoin holdings PER YEAR.

IANvaderZIM

The halving isn’t until 2024 people. While crypto spring may be here, it’s still going to be lateral chop until then. Our goal this YEAR is just to get back into the 40/50 range. I’d put a reasonable amount of money down that we’ll be ATH again within a couple months of the halving. I agree with OP we all need to chill. Look at that chart and just zoom out . We’re currently sitting like 50% of our last cycle high. We’re doing great, just relax. DCA and smile smugly. The train leaves the station in a year or so.

daisyeld

Lightning network cannot scale if Bitcoin becomes widely used (i.e., 500 million users), as it depends on a layer 1 transaction to open (and eventually close) channels. Even with the efficiency gained by lightning, which only requires 1 transaction to open a channel, only half of users will be able to open or close a channel PER YEAR if 500 million people use Bitcoin for purchases. This is with Bitcoin reaching 7 tps and only managing the opening and closing of lighting channels.

dimi727

what? it was almost A YEAR ago at 35 cents for a very short amount of time, even FTX didnt bring it down to it again, it was basically for most in a price of 70 cent available. You want me to tell after that sharp desastrous June there were enough people to be lucky to buy exact that low and they are cashing out now and not at 1$ just a month after those 35 cents you are talking about? lol

Potential-Coat-7233

If Bitcoin becomes popular (as in, 500 million use it), lightning network doesn’t scale because it relies on a layer 1 transaction to open (and eventually close) channels. If 500 million people use Bitcoin for purchases, the layer 1 is so slow that even with the efficiency gained by lightning needing just 1 transaction to open a channel, only half of users can open or close a channel PER YEAR. This is with Bitcoin hitting 7 tps and handling nothing but lighting channel openings or closings.

United_Speaker5110

Yep that's cruel as fuck. If you have 100k USD in bank with 5% inflation you need to save 5k USD per year to have same purchasing power as last year. At some point you just don't earn enough to beat inflation :( For example 500k you need to save 25k USD per YEAR to be even. Bitcoin and gold is my only hope.

sudomatrix

All we need to do is get 157394318044961 Redditors to split the work and we'll have it in ONE YEAR!

Heinous_Einous

WHAT YEAR IS IT!?!?!?

clue5tick

Cripes! Do we REALLY have ONE YEAR of these halving notices to go?

Persephones_Demon

So you think that the corruption that runs wild is fine? San Francisco’s budget for 22-23 is $423 million for permanent housing, $244 million for mental health, $58 million for shelter & hygiene, $120 million for homelessness in general. And they plan to spend 1.5 Billion over the next 3 years. This is essentially SF budget to combat nameless issue’s EVERY YEAR. Yet the problem has increased & just not a little increase, the homeless population has double & tripled in some places. There are entire streets where people are shooting up right there. And absolutely nothing is done! So where is the millions? Where? You have heads of agencies making 6 figures while there programs produce no results. Why, bc they don’t have to. There is no accountability. California accounts for more than HALF the unemployment in the entire country. Actually auditing the system & holding them accountable would be a start since most of that money NEVER reaches the people it’s alleged to be there to help.

rebelwill

True. I hate crypto influencers too, they are part of the problem. They always just promote pointless shitcoins or says dumb shit that they just want to see in the future like "BTC WILL HIT $100K THIS YEAR". And when that doesn't happen they say that it was just a guess, lol. I know that you shouldn't trust them, but a lot of other people still do until they disappoint.

OutTop

ZK DROP IS NEXT YEAR. Devs confirm it in a post.

Every_Hunt_160

I got news for you.. this scam LP is already technically the V3 LOL They did a LP scam ONE YEAR AGO migrating from L1 to L2. CoffeeZilla had a video on that last year on Safemoon devs scamming liquidity while doing the ‘migration’. So on this LP with this ‘new function’ that got ‘hacked’ again recently , it’s technically like a V3 which got rugged again by the devs. People who still buy this shit to contribute to John Karony’s wallet really need to get their heads checked, and the devs are audacious as hell rugging the SAME WAY after being exposed for before.

StockTrix

still good. $12 a DAY currently. For that money invested in Unilever, or any normal stocks and share, you'\\d probably get that in 1 YEAR.

FBI_OpenUp2023

Same. For me it’s a few % interest PER YEAR