Cryptocurrency 2021 reddit
Post a Comment. Wednesday, November 10, A Reddit engineer reveals that the platform is looking into incorporating cryptocurrency through Karma points aka Community Points obtained by users. The cryptocurrency train is chugging along at full speed, social media platforms such as Facebook and Twitter boarded a while back, and now it seems that Reddit's looking to purchase a ticket as well. Let's dispense with the locomotive metaphor, however, and get down to brass tacks.
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Cryptocurrency 2021 reddit
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Content:
- Cryptocurrency was the most popular conversation on Reddit in 2021
- Why interest rates, stocks and crypto are sometimes correlated
- Russian Govt. Approves Roadmap For Crypto Regulation; Bitcoin Falls
- Reddit Recap: Meme Stocks, Dogecoin, Bitcoin and the Growth of Crypto in 2022
- Figure of the week: The rapidly increasing role of cryptocurrencies in Africa
- Top 4 Reddit cryptocurrency pages
- Cryptocurrency finds itself in the sights of robust regulation
- Reddit Is Adding Cryptocurrency To The Platform, Integrating It Via Karma Points
- Bitcoin ban: These are the countries where crypto is restricted or illegal
- Redditcoin quietly killed off and lead developer fired
Cryptocurrency was the most popular conversation on Reddit in 2021
The year is coming to an end in a few hours from now. And how could it? Crypto was the most popular word on Reddit in , used over 6. Even more, the central American republic of El Salvadore went as far as adopting bitcoin as its official legal tender! The world was going gung-ho about crypto! Imagine you had Rs 50, to invest exclusively in cryptocurrencies, which you put in the market on January 1, To begin with, you have invested in the top 3 cryptocurrencies by market capitalisation, namely Bitcoin Rs 15, , Ethereum Rs 10, and Binance coin Rs 5, One glance would tell you that investment in category B of cryptocurrencies is a far more lucrative option.
Sure, it is tempting to buy relatively unknown or emerging cryptocurrencies that become an overnight sensation at low prices and benefit from their higher highs and lower lows. Also, don't forget the wild fluctuations that accompany the speculative and transitory nature of coins that do not have strong fundamentals backing them. That is also why the relatively stronger fundamentals and use-case of Solana beat both Dogecoin and Shiba Inu, alt-coins which do not have any clear underlying use-cases.
In the cryptocurrency world, Bitcoin, Ethereum, and Binance coin, by virtue of commanding a dominant market share, are somewhat akin to stable blue-chips, which promise stability of returns. This also means they are much less prone to manipulations, rigging, and fraud- a common sighting amongst the 16,strong and rapidly growing universe of cryptocurrencies.
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Presenting Partner. Technology Partner. Associate Partners. Register Now! Here's how much you would have earned had you invested Rs 50, in these cryptos in Crypto was the most popular word on Reddit in , used over 6. Ira Puranik. Related stories. Tags: Binance Coin bitcoin cryptocurrency cryptocurrency. Elon Musk Dogecoin Ethereum. Trending news. Here's how much you would have earned had you invested Rs 50, in Trade the events efficiently by knowing what impacts option premium Wall Street rallies, capping frenetic week with best day of the year.
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Why interest rates, stocks and crypto are sometimes correlated
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Russian Govt. Approves Roadmap For Crypto Regulation; Bitcoin Falls
In an annual roundup, Reddit has listed its most popular threads of , with the gaming and cryptocurrency topics leading the pack by quite some margin. Similar to Spotify Wrapped , the Reddit Recap feature provides a snapshot of user activity from the past year. It contains data on things like the most upvoted posts, the Ask Me Anything AMA interviews that received the most attention, and the conversation topics that people seemed to be particularly drawn to. This growth is hardly surprising, given that Reddit has become a favorite destination for those looking to talk about video games or to seek online financial advice as evidenced by the GameStop stock boom phenomenon earlier this year. Speaking of which, gaming and cryptocurrency turned out to be the dominant topics on Reddit in , with both featuring prominently in the lists of biggest threads. Meanwhile, wholesome animal content seemed to do well in terms of livestreams, with all three of the top broadcasts being devoted to this specific subject. As with Spotify Wrapped , there will later be an opportunity to see your own personal data with insights on how you've been using the website as an individual , but this feature has yet to debut. Before we delve into any specifics, Reddit has provided lists of its most popular discussion topics from the past year. As you can imagine, a lot of the individual posts here are to do with the GameStop "Wall Street Bets" situation from January.
Reddit Recap: Meme Stocks, Dogecoin, Bitcoin and the Growth of Crypto in 2022
Reddit posters were revisiting the post on Tuesday in the light of Tesla's disclosure. A message to TSLAinsider was not immediately returned. Tesla did not immediately respond to an email to its press office. This story has been published from a wire agency feed without modifications to the text.
Figure of the week: The rapidly increasing role of cryptocurrencies in Africa
Whether you follow Reddit or even really knew what it is before , you almost certainly know about the online discussion community now. Reddit users drove a lot of action and discussion when it came to creating meme stocks and the site has been a major source for people looking to talk about cryptocurrency. As more Redditors participate in conversation, whether it be for information, help, or to share major successes, Reddit continues to be the hub for cryptocurrency enthusiasts. Many people have issues with Reddit -- it's largely a self-regulating community, so it's not always credible -- you can't argue that the company was a major driver when it came to cryptocurrency conversation in Reddit posts gain visibility as users "upvote" the post. Basically, the more users who like a post, the more who are likely to see it.
Top 4 Reddit cryptocurrency pages
Subscriber Account active since. Matthew Tweed learnt his first valuable lesson about cryptocurrency six years ago, when he was just 14 years old. Tweed now runs his low-latency trading firm, Pine Financial, from his family home in Woking, a medium-sized commuter town, 25 minutes from London. Low-latency, or market-making, trading refers to the use of algorithmic trading to increase profitability. Tweed's bots execute trades on crypto exchanges like Deribit. Tweed has spent a significant amount of that time on Reddit.
Cryptocurrency finds itself in the sights of robust regulation
Reddit is reportedly planning to add a feature that will let its users showcase their non-fungible tokens NFTs as profile pictures. This feature will be similar to the one Twitter introduced earlier this month. However, details about Reddit's NFT profile picture feature are yet to be decided, as per the report. In a statement provided to TechCrunch on Wednesday, Reddit spokesperson Tim Rathschmidt said "We're always exploring ways to provide value for users and communities on Reddit.
Reddit Is Adding Cryptocurrency To The Platform, Integrating It Via Karma Points
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Bitcoin ban: These are the countries where crypto is restricted or illegal
ProShares has filed an application that would allow it to track the performance of the Solactive Metaverse Theme Index. Meanwhile, Ethereum, Decentraland, and Basic Attention are all tokens that some experts think are poised for rebounds in Contributors at Motley Fool think those three cryptocurrencies could see gains next year no matter what else happens with the highly volatile market. Bitcoin has remained the most dominant cryptocurrency in the world, adding more than 70percent to its value in Read our cryptocurrency live blog for the latest news and updates…. Elon Musk told Time Magazine that the meme coin is better suited to transact with over Bitcoin for two reasons.
Redditcoin quietly killed off and lead developer fired
With all the noise -- and it's fair to say, craziness -- associated with cryptocurrency, we thought you might like a bit of an overview. Like the off-the-rails GameStop stock hack , the cryptocurrency Dogecoin has been on a bit of an undeserved roll. And, because what's a fake currency without a bonkers billionaire, much of Dogecoin's recent moment and that of Bitcoin, too can be attributed to Elon Musk and his fondness for tweeting.
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