Groups – Crypto Friends Network

How to Invest in the Original Bitcoin Commodity Called Gold

People have been investing in gold for centuries. While the idea has long since been ditched, every single piece of currency in circulation at one point would have been backed by physical gold sitting in a vault somewhere. Gold is one of those investments that has proven itself to be stable, even in the midst […]

Ethereum’s History and Looking to the Future

Since the beginning of 2021, Ethereum, the second-largest cryptocurrency by market capitalization (ETH), has increased by more than 300%. It climbed from $775 on January 1 to over $3000 in late September. This recent rise is understandable given the high level of correlation between Ethereum and Bitcoin’s price histories and Bitcoin’s price swings. However, Ethereum’s […]

How Risky Is Bitcoin? What to Look Out For

What Exactly Is Bitcoin? Bitcoin, which is frequently referred to as a cryptocurrency, a virtual currency, or a digital currency, is a totally virtual form of money. It’s similar to an online equivalent of cash. You can use it to purchase goods and services. However, not many merchants accept it currently, and several nations have […]

Is Regulation in Crypto Actually an Opportunity?

A single global currency that is decentralized, and not beholden to any governing central body, might not be possible. At least that's what you'll hear/read/ingest/ignore if you turned on the internet today. Too many nations, (Such as China and Thailand) have put their foot down in terms of implementing crypto into their economies. While others […]

How I Was Robbed of 199,298 Syscoin Tokens

On March 2, 2021, I was robbed of 199,298 syscoin tokens from my Syscoin QT 4.1.3 Desktop Wallet while seeking technical help on Discord during a wallet back-up. I have been buying and accumulating syscoin since 2017. I added a large amount in April 2020 when the price had dipped to 3 cents. As I […]

Should You Be Using Your ADA to Buy Coffee?

Hey everyone—Erick here—I read a comment on a Reddit thread and it sparked my thinking mind, way too early, so I decided to share some of my thoughts on the future of Cardano and ADA. The comment was along the lines of, "I would never use my ADA to buy a Coffee," and I think […]

California is Leading the Future of America’s Crypto Economy

Despite growing support, cryptocurrencies have yet to see mainstream implementation in the US economy. Many people and regulatory agencies are unsure of what to do with crypto, stalling its adoption. California has made some significant strides in this regard recently, setting an example for the rest of the nation. California is no stranger to embracing […]

Will Crypto Surpass Gold as a Reserve Currency?

Gold has been the world's standard reserve currency for hundreds of years. Even as the world has moved to fiat currency, governments and investors alike still look to gold as a reliable alternative. Given recent volatility, though, it may be crypto's chance to step in as a different, perhaps more secure option. On Tuesday, August […]

How to Protect Your Bitcoin Wallet

Bitcoin is a hot commodity lately. This cryptocurrency is usually at the top of experts' and users' lists of recommendations for investments in the digital world. If you're thinking about using Bitcoin or have already started your crypto journey, there are steps you can take to secure your currency. Here's how to protect your Bitcoin […]

Bitcoin Halving: How the Miners are Faring So Far

On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since miners’ rewards for verifying blockchain transactions are usually trimmed by 50% following a halving event, past events have forced miners […]

Crypto News

Trivia contest on Telegram at 1130AM ET / 1530PM UTC - top 3 winners get 500/300/200 MOONs

Join us on telegram at https://t.me/rCryptoCurrencyOfficial for a chance to win part of 1000 MOONs. All you have to do is be in the channel at 1130AM-Noon ET and complete the quiz that will be pinned in the channel as quickly as you can - top three quiz takers will be awarded 500/300/200 MOONs submitted […]

Even if you think someone's portfolio is insignificant, leave it alone.

Seen a few comments over the last month or so where someone was criticized for the amount they have invested in some way. One guy revealed that he has low double-digits at the end of the month to invest, but was excited none the less. This person was saying to him "takes money to make […]

Already sick and tired of this 'buy the dip' nonsense today!

Bitcoins price has 'fallen' to the exact same level it was about 2 weeks ago, this is NOT the golden opportunity to buy in at a lower price unless you thought the same about the price half way through this month. Of course, if you were going to buy at some point this is better […]

Cheer up guys, today is snapshot day! 😎

I know the market is dipping and all, but still we have something nice to look forward! Snapshot is just a few hours away!! if you are new here this means that you'll see a post listing every user and their karma gained from 09/29 till 10/26 according to this number everyone will get a […]

Ethereum upgrade Altair is now live! 🎉🥳

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

Bitcoin Market Is Like Squid Game’s “Red Light, Green Light” — If You Panic, You Are Done. 140 million dollars liquidated in one hour? Don’t panic, Buy the dip.

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

Bitcoin Wallet from One of the First Bitcoin Miners Wakes Up after being Inactive for Over 11 Years, Containing Millions Worth of BTC (then Worth $3 in 2010)

One of the first ever Bitcoin miners has left his wallet untouched for over 11 years. He now shows activity again. His wallet contains 50 Bitcoin, worth about $3,000,000. At the time of when he was mining, a Bitcoin was worth about $0,06 each, all his Bitcoin were worth $3: This is a 76,249,900% increase […]

Bitcoin drops $1,900 in minutes and $66 million worth of Bitcoin long trades liquidated.

submitted by /u/Jumpman707 [link] [comments]

+500 million in liquidations tonight

~840 million last 24 hr ~500 million last 1 hour https://www.bybt.com/LiquidationData one long alone got liquidated for 130 million ETH https://twitter.com/hsakatrades/status/1453277837897699335?s=21 then masses stop-losses go off and it’s in free fall and likely bigger triggering limit buys (plus dip buyers) and we got the 1 hour crash and bump still pretty crazy that so much […]

Kucoin at it again - Complete blackout as thousands of people got liquidated

Can't say how pissed I am. Can't adjust my longs even though the market is dying rn. Had a fairly volatile long open that I was going to sustain with additional margin, can't do any of that. App is just showing me "data can't be loaded". Pretty sure my position will just be already liquidated […]

Name	Price	24H (%)
Bitcoin (BTC)	$59,177.00	-5.82%
Ethereum (ETH)	$4,021.13	-4.56%
XRP (XRP)	$1.02	-8.56%
Dogecoin (DOGE)	$0.240247	-11.77%
Litecoin (LTC)	$186.08	-5.12%
Bitcoin Cash (BCH)	$559.07	-10.39%