– Bitcoin and Crypto Currency News and Resources


  • Limit MOON distribution to people that have moved MOONs out of their vault
    by /u/jwinterm on November 26, 2020 at 2:35 am

    This proposal would limit the MOON distribution to users based on their current balance of MOONs relative to the amount that they have received in total from past distributions. For instance: If a user had received a total of 10,000 MOON in past distributions, but at the time of this snapshot their MOON balance in their reddit vault is 5,000 MOONs, then they would only receive 50% of the MOONs compared to what would be expected based on their karma contributions alone for that month. If they have never moved MOONs out of their vault and their balance is 10,000 MOON at the time of distribution snapshot, then they would receive the full expected amount based on karmic contributions. If they have 0 MOONs in their vault at the time of snapshot, then they receive 0% of the expected amount based on karma alone. Why is this a good idea? MOONs are primarily intended to be a governance token for this subreddit, and in order to participate in governance votes users need to have MOONs in their reddit vault. Why should users that continue to move MOONs out of their vault (and thus indicate that they have no interest in participating in subreddit governance) continue to receive MOON distributions? Take a look at the top three users that in this month's proposed distribution: /u/SweetPie123, /u/Fhelans, and /u/SenatusSPQR: /u/SweetPie123 has received a total of about 32k MOONs and has a current balance of 28.6k, so they would be minimally affected by this proposal, receiving about 90% of the MOONs compared to what would be expected by karma alone. /u/Fhelans has received about 18k MOONs and has a balance of zero. They would receive zero MOONs this distribution. /u/SenatusSPQR has received about 16k MOONs and has a balance of zero. They would receive zero MOONs this distribution. Users that have never participated in MOON distribution would be unaffected. I think the argument that MOON farmers could simply switch accounts every month is not without merit, however it is not exactly easy to participate in this subreddit as a brand new user, so I think this would at least greatly increase the amount of work required for people that simply wanted to acquire MOONs that had no interest in participating in subreddit governance. For users that have already moved MOONs out of their reddit vault and now had a change of heart, they could always replace them in their reddit vault. tl;dr Why should people that have demonstrated no interest in participating in subreddit governance continue to be rewarded with a subreddit governance token? View Poll submitted by /u/jwinterm [link] [comments]

  • USA Regulation Regarding Self-Hosted Crypto Wallets
    by /u/BitcoinBroccoli on November 26, 2020 at 12:36 am

    submitted by /u/BitcoinBroccoli [link] [comments]

  • New Research Suggests Satoshi Nakamoto Lived in London Creating Bitcoin
    by /u/SweetPie123 on November 26, 2020 at 12:35 am

    submitted by /u/SweetPie123 [link] [comments]

  • Daily Discussion - November 26, 2020 (GMT+0)
    by /u/AutoModerator on November 26, 2020 at 12:09 am

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here. Rules: All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect. Discussion topics must be related to cryptocurrency. Comments will be sorted by newest first. To see prior Skeptics Discussions, click here. submitted by /u/AutoModerator [link] [comments]

  • Remove "DOWNVOTING" from karma counting algorithm for MOONs distribution - THIS WILL STOP UNFAIR DOWNVOTING BY OPPORTUNISTS.
    by /u/afterthefuture on November 25, 2020 at 11:57 pm

    This has been a big problem lately in the sub where downvote army has ruined the ethos of organic and natural karma collection. Greed has forced people to intentionally downvote others just to decrease other people's karma (and hence moons) and indirectly increasing their stake. Many new posts with good content bite the dust because they suffer immediate attack by downvoters and reddit algorithm does not allow them to appear on the main page for more exposure. Join hands, discourage unfair downvoting and encourage fair/organic distribution of Moons. This will increase the value and respect of the token. View Poll submitted by /u/afterthefuture [link] [comments]

  • MOON Proposal: Limit MOON distribution for memes
    by /u/RV_123 on November 25, 2020 at 11:53 pm

    This proposal would work with the current half karma for posts vs comments, but it would cap the amount of karma gained towards moon distribution to 200(after post karma is halved). There are so many reposted memes, and I wish reposts could get 0 moons but I feel that would be hard to implement. Under this system, here are some examples: -Meme poster gets 100 karma from a single post: 50 karma goes towards moon distribution -Meme poster gets 400 karma from a single post: 200 karma goes towards moon distribution -Meme poster gets 1000 karma from a single post: 200 karma goes towards moon distribution Edit: the first option would be half karma until reaching the 400 karma threshold, following the examples View Poll submitted by /u/RV_123 [link] [comments]

  • Michael Saylor CEO of MicroStrategy Talks Bitcoin as a Treasury Asset on CNBC - November 25th 2020
    by /u/Fiach_Dubh on November 25, 2020 at 11:52 pm

    submitted by /u/Fiach_Dubh [link] [comments]

  • MOON PROPOSAL: Meme posts weight
    by /u/JustFoundItDudePT on November 25, 2020 at 11:09 pm

    This proposal was already sent by me in the last month here, however I made some mistakes like giving too many options and forgot to put the "Keep as is" option. I've listen to all the criticism and reduced to only 3 options. I hope it's more straightforward and easier to understand now. As we all know there are people organizing in Discord to selectively upvote and downvote posts, this is much more evident in Memes but happens all across this sub but... we need to start somewhere. The point of the poll is to try to reduce the number of people spamming Memes and to discourage the organized upvoters/downvoters. We need 4,081,037 Moons for the voting to pass. Make sure to check the other moon proposals as well: Poll to double comment karma View Poll submitted by /u/JustFoundItDudePT [link] [comments]

  • I finally reached 1 billion Satoshis!
    by /u/Crypthomie on November 25, 2020 at 10:55 pm

    Hell yeah guys, this mini bullrun has been great to swing trade and without spending a cent I doubled my amount of Satoshis within a 2 months. Now I’m going to wait and see for the next months. I took some profit around 15500$ few weeks ago to buy a car and simply got everything back! It was risky but it really paid of. I’m a bitcoin billionaire in Satoshis. submitted by /u/Crypthomie [link] [comments]

  • Number of Bitcoin Whales Hits All-time High
    by /u/Fhelans on November 25, 2020 at 10:50 pm

    submitted by /u/Fhelans [link] [comments]