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

My phone with all my crypto was stolen

Hey guys, I did a very stupid thing and I would like your help to understand the best-case scenarios. Yesterday, someone stole my phone. All my crypto wallets were logged-in. Mobile: Nokia 8.1 (Android), Google's Find my Device isn't helpful because the device is offline/switched off. Now comes the stupidest thing I ever did in […]

For the love of all that is still sacred, keep the stupidity of "gender wars" out of crypto!

Why does there always have to be battle between sexes in every nook and cranny of our civilization. Now they are trying to drag crypto into this too. There have been more and more articles with stuff like: Bloomberg Male-Dominated Crypto World Needs More Women CNBC Cryptocurrency investing has a big gender problem Economic Times […]

We are one or two green days away from people forgetting this "crash" ever happend. This teaches us the most important lesson in investing: you gotta chill.

We are one or two green days away from people forgetting this "crash" ever happend, but we are also one or two red days away from people preditcing the end of the run and some random idiots on twitter begging you to sell before crpyto "dies". If you would not check your phone for a […]

Loopring For Beginners

submitted by /u/Spirited-Mud9009 [link] [comments]

I invoke the ancient sacred right of calling Bullshit!

I invoke the ancient and sacred right of calling Bullshit!!! Gas prices for transfers, transactions and token swaps is ridiculous, insane, and in my opinion complete and utter made up bull shit!!! I don’t care how adamantly you try and explain it and defend the reasoning of the prices! I DONT BELIEVE IT! I CALL […]

The largest known BTC whale bought the dip again. It has added 2,702 BTC to its stack today

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

Does anyone even know what they're doing here?

With crypto, and reddit in general. To keep coming back to this place. All these plans to strike in nice off crypto, and the only thing I can see reasonable to do is just hold. Which doesn't seem like a complicated plan. There's no charts involved to do it, no AMAs, partnerships, updates, Japanese candlesticks, […]

Polkadot (DOT) is incredibly undervalued - parachains launch Dec 18! Here are some facts to celebrate.

I know the focus these days is on Bitcoin crashing and whether it's going to recover or not, but I wanted to make sure that didn't completely steal the show from Polkadot! Their team has been hard at work getting all of their Smart Contract code (currently running on Kusama) ready to launch. They're in […]

Bitcoin has delivered 99.996% deflation against the U.S. dollar over past decade

submitted by /u/badaccountant28 [link] [comments]

Canadian exchanges start to ban Tether / USDT

"We're sunsetting XRP and USDT. XRP and USDT transfers into Newton will be turned off on December 20th, but you’ll still have time to move or sell your XRP and USDT after that! Like many other cryptocurrency platforms, we’re ending XRP and USDT support for legal and regulatory reasons. Check out our Knowledge Base for […]

Name	Price	24H (%)
Bitcoin (BTC)	$51,153.00	4.45%
Ethereum (ETH)	$4,328.58	3.75%
XRP (XRP)	$0.83	5.10%
Dogecoin (DOGE)	$0.180066	4.09%
Litecoin (LTC)	$162.85	7.78%
Bitcoin Cash (BCH)	$482.80	7.20%