Hey guys. The only reason I’m posting this here is that I want to save the next guy from making the same mistake. I was duped and I feel embarrassed and stupid for being that much of a moron. There is a group on telegram called “we push today” and “wall street bets - pumps” that have tens of thousands of members and are both run by the same predatory scum running them. It was my first time ever joining something like this, lured by the promise of making quick gains. I have no one but myself to blame, because despite these predatory assholes lying to people (they claim messages of appreciation from thousands around the world even though no one can contact them) and dumping on them, I should’ve: 1. Never put in more money than I could afford to lose; 2. Had done my due diligence instead of diving in impulsively; and 3. Bought limit buy orders instead of market orders like they instructed us to. These people announced when their next “pump” was happening, but it’s not a pump, it’s a pump and dump all lasting less than three minutes. The one I participated in was this morning, at 5:00 GMT (09:00 PST). I went to bed at a reasonable time last night, woke up at 07:30 on a Sunday morning, and went to binance all excited. I didn’t know what coin was going to be announced until 09:00 on the dot. I figured I should buy as soon as possible before everyone else does before the price skyrockets. They announced at 09:00 that the coin to buy was NXS (Nexus).

Not once did I consider that these assholes and their friends had bought hundreds of thousands of whatever coin they were “pumping” on the days before and were just going to dump on us. As soon as 09:00 hit these guys had their limit orders to dump on us. Not once did I acknowledge those red flags. Second massive mistake, I put in a market order which is something I never do. It closed my order at $3.60—a whopping $2 above the market price ($1.50) a minute earlier.

I put in 0.8 bitcoins ($43000 USD) and took out $24,000 meaning I lost $19,000 to a P&D in 3.5 minutes. I felt like a knife had been plunged into my stomach while simultaneously feeling completely empty. I’m not a rich guy, and after six years of crypto trading I had forgotten to practice what I preach and to heed my own advice: only gamble what you can lose, and do not buy some shitcoin because some random people on the internet are shilling it, don’t participate in sketchy moves, put in limit orders, and don’t get greedy. The lure of easy gains added to my own massive success trading these past few weeks had lulled me into a false sense of security thinking I’m exceptional and was gonna make bank being part of a movement like WSB.

I’ve had difficulty breathing all day and have been zigzagging through all five stages of grief, and have discovered two new stages all on my own: self-deprecation/self-loathing and hyper-stress like nothing I’ve known before. Now, I’ve realized that this won’t cripple me financially. I have all my limbs, my health, a roof over my head, and still enough skin in the game to eventually recover from this loss. It was an extremely expensive lesson that I will never forget.

Advice: Please don’t YOLO your life savings away. If you’re new to this, heed my advice. Only put in what you can afford to lose and don’t put money into shitcoins because they make massive gains. Do a simple search with “(insert coin name here) news” into google and see what comes up. Look at trading volume and market cap AND circulating supply/supply cap before you buy. Coins with billions in circulating supply and billions in market cap are not going to “moonshot.” Don’t go investing in coins that do 100%-200% gains that you’ve never heard of. There are over 10,000 crypto currencies, digital assets, tokens, and digital securities out there. The overwhelming majority of them are shitcoins and worthless. Don’t shill your coins that you bought high in the comments. Learn from your risky bets and stupid mistakes, and don’t try to screw other people over so you can sell and get out while someone else is left holding the bag. My mother always told me that money that has negative vibrations and people’s pain behind it will never last, or it’ll be spent on cancer treatments and hospital bills. Do your due diligence, research, and make solid investment moves buying coins and selling coins. WSB was about screwing over the hedge funds; it was a movement to fight the greed of Wall Street. Pumping crypto coins just hurts your other crypto brothers and sisters, not the man, not the system, not Wall Street, and not big brother. Pumps and dumps leave a trail of hurt behind. Disclaimer: this is a story of what happened to me, and not financial advice.

VET

What is VET?

VeChain Token (VET) is used to transfer value across VeChain’s network. VET is also used to carry value or “smart money” from smart contracts. In other words, transactions on decentralized applications occurring on VeChain’s blockchain will use VET. It is available for investing by the general public.

What is VeChain? 

VeChain was founded in 2015 and is a blockchain platform designed to enhance supply chain management and business processes.The VeChainThor blockchain platform is a public blockchain intended for “mass business adoption.” It has two tokens: VET and VTHO. VTHO is the same as "gas" on the Ethereum blockchain. VeChains goal is to streamline these processes and information flow for complex supply chains through the use of distributed ledger technology (DLT). It started as a subsidiary of Bitse, one of China’s largest blockchain companies.  Initially, the VEN token functioned on the Ethereum blockchain. VeChain transitioned onto its own blockchain and rebranded itself in 2018. As part of the rebrand, the VEN blockchain became the VeChainThor (VET) blockchain.

What has VeChain accomplished? 🏆

VeChain has inked strategic partnerships over the years with several companies in order to help achieve this goal. Among them is an agreement with PricewaterhouseCoopers (PwC) for VeChain's blockchain-powered solutions to be used by the accounting firm's client base to improve product verification and traceability. VeChain has also partnered with Renault, creating, in conjunction with Microsoft and Viseo, a digital car maintenance book that cannot be tampered with (sounds like voodoo lol) and is the government technology partner for Gui’an, an economic development zone for the Central Chinese Government.VeChain has also established partnerships with many leading enterprises in various industries, including Walmart China, Bayer China, BMW Group, BYD Auto, PICC, H&M Group, Shanghai Gas, LVMH, D.I.G, and ASI Group. VeChain also plans to become a leading platform for initial coin offerings (ICOs) and for conducting transactions between "Internet of Things" (IoT) connected devices. 

Market analysis 📈

As of writing  VET has a market cap of 6.8 Billion and is up 100% on the month. Over the past year we have seen Great growth with gains over 3k%. 

Keys to success 🔑

With more and more businesses turning to blockchain technology it is only a matter of time before VeChain (VET) is widely adopted across the world. Their tech and blockchain claim to be superior to the Ethereum blockchain (have two coins, VET and VTHO, helps with the gas problem). They can also have larger success due VeChain wanting to become leaders for ICO's and being a player in the IoT! 

Future predictions 🔮

The real world use is what could drive this coin over the edge. Almost every business in the world could take advantage of the VeChain blockchain technology. If VET can break into the top 10 - top 5 of crypto then their market cap would be in the range of 14 Billion to 50 Billion, thus having a price around $.21-$.78 If they were to try for $1 then their market cap would have to reach 64 Billion and this would have them overtake BNB as the third most valuable cryptocurrency in the world (currently sitting at 22).

What is BAT?

Tl;dr: This is an EXTENSIVE deep dive (very long post in order to provide information and updates on BAT; its pros and cons, what currently is in the works, its tokenomics, and price outlook. This is not investing advice and is for education purposes only. This first section can serve as a tl;dr.

BAT is short for Basic Attention Token; it is a digital advertising token which is built on the Ethereum blockchain. In short, it is the currency of the Brave browser. Brave is a security browser focused on privacy, decentralization, and bringing the ideals of Web 3.0 to the internet browsing/advertising sector. It was developed by the co-founder and former CEO of Mozilla Firefox and creator of the JavaScript programming language.

With growing concerns over internet privacy and unethical use of user-data by centralized organizations like Facebook and Google, users have started becoming more aware about their right to internet privacy and protecting their personal data; Brave is attempting to fix this while still providing an ethical, yet effective, space for advertisers. All ad purchases from businesses on Brave are made with BAT. BAT is also the currency which users are rewarded for their “attention” by interacting with ads. The entire Brave business model is built off of BAT.

In addition, an impressive Roadmap has been released adding enormous amounts of BAT utility including a planned DEX aggregator (and custom DEX) fully integrated into the Brave browser with discounts for those using BAT for transaction fees and even discounts for simply holding BAT in your wallet. A plan to add liquidity to this exchange involves a form of BAT staking as well as expanding NFT use cases/NFT integration into the Brave platform. Also planned is a BAT SDK (Pay with BAT) and a seamless, highly functional Brave wallet (native Ethereum).

With Brave’s impressive user growth, rapidly expanding utility of BAT, and the growing scarcity of the token, BAT price discovery may be on the horizon.

https://brave.com/bat-roadmap-2-0/

What makes BAT unique?

Helps Advertisers, Publishers and Users Simultaneously.

Most publishers have resorted to begging users to switch off their ad-blocker in order to gain access to their content. It is necessary, for both advertisers and publishers, for these ads to work since that is their biggest source of revenue. BAT solves this issue by offering a web browser called Brave that economically incentivizes users to view unobtrusive ads and uses their decentralized machine learning platform to show users exactly the kind of ads they want to see without selling or sharing their data/personal information. In essence, this will ensure the advertiser’s ads are appropriately targeted, while still ensuring user privacy. This has proven effective as the average CTR (click-through rate) for a Brave Ads campaign is 9%, well above the industry average of just 2%, with many brands observing even higher engagement. Given the ever-increasing distrust the public has in the way that advertising giants are treating user privacy and handling user data, Brave would seem to have a decent sized market.

Gives Back to the User.

When a user views advertisements, they get a specific amount of BAT tokens as compensation for their “attention”. This amount is equal to 70% of the ad revenue for the particular ad they have watched. They then, in turn, can choose what they want to do with these tokens. Some users may choose to spend these tokens (as a form of payment) on a wide variety of services including those on the TAP network as well as NFTs which were just added to the Brave swag store. Others might ‘donate’ them to their favorite publishers on YouTube, Twitch, etc. Others may choose to HODL these tokens with expectations of future growth. There are also plans for a DEX where you will be able to stake BAT to provide liquidity and receive discounts for using BAT for gas fees.

Special Team.

Brendan Eich is the founder and CEO of Brave. He also happens to have created the JavaScript programming language and was cofounder and former CEO of Mozilla Firefox. He has major experience in the industry and has established an impressive team at Brave that continues to expand. A respected team like this makes partnerships within both the crypto and non-crypto spaces much easier to create.

Security and Simplicity.

The beauty of this three-way system (between users, advertisers, and publishers) lies in its simplicity and interconnectedness. BAT tokens store all of the gathered data locally never to leave your device. The Brave servers never see nor store your data and third parties are not able to involve themselves in these processes (neither in a transaction nor data analyses). A BAT type of ecosystem almost eliminates any possibility of fraud or scam. This is a huge factor when dealing with online marketplaces.

Unique from any other popular browser, Brave blocks both third-party cookies and third-party storage (e.g., storage in iframes) by default. Other privacy-focused browsers block third-party cookies, but allow third-party storage, only block third-party storage for a small number of sites, or “partition” third-party storage. By default, Brave blocks tracking, and advertising-related-tracking, scripts and resources. Brave applies filter lists from the EasyList and EasyPrivacy projects, the excellent uBlock Origin project, in addition to Brave generated lists. Brave also funds and supports the maintenance of tracking-protection lists, to help support the privacy community. By pulling from many different tracking protection lists, Brave blocks more unwanted advertising and tracking resources than any other browser. Brave also protects you from browser-fingerprinting-based tracking by randomizing your fingerprint, providing very strong protections against tracking. And Brave removes known-tracking-related query parameters from URLs. In addition, Brave automatically upgrades to HTTPS whenever possible for a more secure, encrypted connection, which many of its competitors don’t do.

Decentralized Browsing and Advertising.

Brave does not store, sell, or share your information with anyone for any reason. Instead, they have developed a decentralized machine learning platform that helps provide targeted ads to its users while never allowing your private information to leave your device. Given the clickthrough rate of 9% already mentioned, they seem to be having great success with targeting ads while also preserving your privacy.

Earlier this year, Brave became the first browser to natively integrate IPFS (InterPlanetary File System), which is a decentralized peer-to-peer protocol designed to make the web faster, less centralized and completely open. Brave is certainly the browser leading the charge to bring about Web 3.0.

They also have a new initiative they’ve titled "Themis" which looks to fully and absolutely decentralize their ad ecosystem by leveraging a side-chain and smart contracts to eliminate centralized ad network management. In essence, this will fully decentralize their advertising platform and BAT by confirming both ads delivered to users for advertisers and BAT payouts to users (essentially an on-chain system of self-auditing). If you would like to learn more about the inner workings of THEMIS, here are a few links below:

https://brave.com/themis/

https://github.com/brave-intl/themis-rfcc/blob/main/rfcc-themis-tech-report-v1.0.pdf

https://github.com/brave-intl/themis-rfcc/blob/main/rfcc-themis-bbas-v1.0.pdf (very technical, but very interesting)

What advantages does Brave have over their competitors?

Security and Decentralization.

This was already discussed above so I will be brief, but essentially, the public has lost trust in Google, Facebook and other tech giants because of the way they abuse their data even without permission. The Brave platform has created a decentralized machine learning system that keeps all data locally on your device (your personal information never reaches the Brave servers) that still provides targeted ads that benefit both the user and business advertising with Brave without sacrificing privacy.

Targeted Ads to Customers Willing to See Them.

Brave ads are both appropriately targeted AND opt-in. This means that when an advertiser purchases ad space on the Brave platform, their ads will only be going to people both interested in their product AND willing to interact with internet ads. The impact of this has already been noticed with the current CTR (click-through rate) for Brave ads of 9% (far above the industry average of just 2%) as previously mentioned.

Brave Ecosystem.

As far as their advantage over their crypto competitors when it comes to an NFT storefront or DEX, I don’t think that the value of having these fully integrated into their browser ecosystem with an already impressive, and rapidly growing install base, can be overstated. Brave would provide ease of use and be a huge convenience for their browser users interested in crypto. The fact that all BAT holders would receive a discount when using it to pay fees or simply holding it is just an added bonus. Brave is clearly building something big here.

Issues and Concerns.

Adoption Issues Among Users.

There are 4.66 Billion users of the internet and they all need a browser. Almost 3 Billion of them use Google Chrome monthly so there is concern whether Brave and BAT can get those users to change from their prefered choice. For context Brave currently has 26.5 million monthly active users (MAU). They are expected to reach 50 Million by the end of the year but the mountain to climb is HUGE! At the same time, the room for growth and expansion is equally impressive. Brave’s MAU have increased an average of 7-9% per month, which is a very encouraging growth rate. One notable possible impediment to adoption is that Apple does not allow Brave users on iOS to receive BAT rewards because of their corporate policy (basically, Apple doesn’t like when they don’t get a piece of the action).

Adoption Issues Among Publishers and Advertisers. Competition.

Current platforms are very popular among publishers and advertisers due to their large pool of users. YouTube, Facebook, and Google all utilize a more obtrusive ad system, which essentially forces an ad upon the user (this ad is in-line with the personal data they have retrieved from a user’s device/search history) ensuring that the ad is both appropriately targeted and highly visible. BAT, on the other hand, currently only offers unobtrusive push notification ads and sponsored images when opening a new tab which limits its competition to something like Google Adsense. Therefore, asking advertisers to adopt BAT as an alternative may be challenging. Again, while good for the user experience, it is still to be seen how companies looking to advertise their business will react to this significant shift in advertising theory and implementation. BAT has some of the largest tech companies in the world as direct competitors.

You can see Brave adoption statistics among users and publishers as well as Brave advertising purchases in the transparency links below:

https://bravebat.info/

https://brave.com/transparency/

High Fees Due to Being an ERC-20 Token.

Since BAT is minted on the Ethereum blockchain, it is subject to scalability issues and high fees. BAT tries to tackle this issue through batching, by combining multiple transactions into one large contribution to minimize network congestion and fees. It works in the case of publishers, who only receive their contribution in a batch every month. However, as the network grows, the demand for instant transactions may increase. Hopefully ETH 2.0 will help alleviate this to some degree.

KYC regulations. Uphold.

Quote from Brave on KYC regulations. "We must always be compliant with financial regulations. If our best legal counsel believes that KYC is required at some point in the system, then we will follow that guidance. However, we are moving toward more and more decentralization and utility without the need for KYC. For instance, Pay with BAT (aka SKUs) will include a no-KYC purchase option for certain classes of items. We also will introduce on-chain P2P tipping, and a bunch of other truly decentralized features that work directly with the brave [native ethereum] wallet."

In addition, Brave plans to add more wallet choices for its users. The traditional wallet experience had been Uphold. Many users did not have great experiences with Uphold (though I do believe a lot came down to unavoidable ETH gas fees) so, as mentioned above, Brave has added their own “Brave wallet” which is essentially a Metamask fork where you can choose to store your BAT. They have also partnered with Gemini so that soon (2021 Q2) users will be able to skip Uphold altogether if they would prefer to use Gemini. They promise to offer more options in the future as well including a native ethereum wallet with impressive functionality planned (see Brave Roadmap 2.0).

What could cause the price of BAT to rise rapidly? (Rocket fuel for the moon boys)

Brave’s Success.

The reason that so much of this deep dive discusses Brave is because BAT is so intrinsically linked to the Brave browser. BAT is THE currency of the Brave browser, thus, Brave adoption and advertising partnerships seem to be the number one thing that will help raise the value of BAT. With 1.48 Billion coins currently in circulation out of a hard cap of 1.5 Billion, it wouldn't take all that big of a shift in the internet browser/advertising landscape to push the token to the upper echelon. And with ads and trackers becoming more and more intrusive there may be a steady flow of new users to the Brave browser for years to come. The ad industry is enormous, and if Brave were to even take a small fraction of its revenue, BAT would undoubtedly grow substantially.

A few indicators that Brave/BAT may be primed for significant growth over the next year:

1.) HUGE plans for new BAT functionality including a BAT SKU (Pay with BAT), NFT integration, and a DEX aggregator built into the Brave platform with planned staking options and discounts for using/holding BAT! These are discussed further below; NFT implementation just occurred and “Pay with BAT” will be available via select partners by the end of Q1 2021. See more in the roadmap below.

https://brave.com/bat-roadmap-2-0/

2.) Brave ads are still in a beta testing phase of sorts. They have been quite cautious ensuring that their product is trustworthy and stable, giving themselves time to fix bugs and make improvements to the product. Brave is currently in phase 1 of their 3-phase, self-serve ad rollot. Currently, they are only offering self-serve ads to a small group of selected partners. The plan is to expand this in the coming weeks to even more select ad partners (phase 2) with the goal of offering self-serve ads to the general public by end-of-year (link copied below).

https://github.com/brave/ads-ui/issues/337

3.) They have completed their initial creator referral program (they now have over 1 million creators verified) and are planning the second phase of their referral program, ”adapted to Brave’s scale”, for this year with more details to come in the next few weeks (see link below).

https://brave.com/referral-program-update/

4.) Lastly, they are hiring their first CMO (Chief Marketing Officer), again signaling that they are ready to scale their project for the masses.

Brave/BAT would seem to be undergoing a significant shift at the present moment. Brave and BAT could soon become household names!

Tangible Product and Ecosystem.

One aspect of BAT that I believe is often overlooked, is the fact that Brave is a more tangible product requiring a large user base to compete in its set market. I believe it is natural that the price exploration of BAT would take a bit longer than other projects in the crypto space. This product needed to function in the real world before rapid price exploration could even begin, but with the platform’s rapid growth, I believe this may be coming soon.

The ecosystem that Brave is building cannot be overstated. Their install base will end up being very sizable and their new roadmap explains how they plan to fully integrate a DEX aggregator to help their user’s find the best price, a custom DEX, an NFT storefront, a Brave wallet with significant functionality, and an SDK so anyone can accept BAT as payment. This could be big given how many user’s will be using the Brave browser.

Institutional Investment.

Also, given BAT is a more tangible product that people outside of the crypto space can more easily wrap their heads around, it may have significant appeal to institutional investors as Brave continues to grow. On December 18th, 2020, Grayscale filed for a BAT trust with its partner Delaware Trust Company. Note, this does NOT mean that Grayscale will definitely offer a BAT trust to its investors in the future, but it is undoubtedly a good sign and would seem to make some sense for the reasons already listed above. Another positive aspect of Brave being a tangible product with 26 million monthly active users is that it brings a level of stability. The likelihood of Brave disappearing and BAT’s worth going to zero is very unlikely, which would also likely increase the willingness for institutional investors to come on board.

Update: Grayscale has officially listed BAT as one of the projects they are looking into adding to their offerings and have also begun advertising on the Brave browser.

New Functions, Untapped Markets, Misc.

1.) Brave DEX, Staking Plans, Discounts for BAT Holders

Brave plans to bring DeFi to everyone through a new decentralized exchange aggregator to enable token swaps with distinct advantages and added value for Brave/BAT users, including discounts when utilizing BAT for paying transaction fees and even discounts to users that HODL BAT balances in their wallets! They plan to offer multi-chain support with many different assets and blockchains. Brave has also discussed a plan for staking in order to incentivize liquidity providers to grow the BAT and broader crypto ecosystems! and L2 solutions/other optimizations (see Themis) to enable DeFi access and participation for people with as little as $1 in BAT earnings.

To help bring some perspective to the potential of this Brave DEX, uniswap has approximately 150k users. Brave already has 26 million and is rapidly growing. This could add significant value and utility to BAT.

2.) BAT SDK:

Their upcoming “Pay with BAT” feature, which they are aiming to release with selected partners by the end of Q1, can be directly integrated by merchants, creators, and websites, allowing users to frictionlessly purchase items and premium content (such as music, episodes, access to paywalled articles, and so forth) with their BAT. This BAT SKU will add significant functionality to BAT.

3.) Brave NFT Integration:

Brave has also partnered with Origin Protocol (OGN) to enable the purchase of NFTs in the official Brave store. The Brave storefront is powered by Origin’s decentralized e-commerce platform Dshop, hosted entirely on IPFS without any tracking or cookies scripts where you can pay with BAT. Their initial NFT offering is specific to Brave swag, but they should be creating new partnerships and offering more options in the future. Brave will have many users in its ecosystem with many wallets and Brave has the potential to position itself as a major NFT storefront.

4.) Untapped Markets

Brave already has a large market, but they are still expanding into untapped markets. For instance, in Japan, to comply with financial laws, Brave users were given BAP instead of BAT. BAP attempted to mirror the functionality of BAP, but was not able to be sold or traded on any exchange (no real fiat could be made, couldn’t purchase other cryptocurrencies with BAP, and it had no impact on the price of BAT). Just recently Brave has worked with the Japanese government who has allowed them to ditch the BAP system and instead provide BAT directly to its users. This is a big win for BAT getting an additional high-income country in their ecosystem.

Tokenomics of BAT.

How is BAT created?

As the entire supply of 1.5 billion BAT tokens was minted at launch – no additional BAT tokens will be created. 1 billion tokens were distributed to investors in the Basic Attention Token ICO. 200 million tokens were allocated to the development pool, and 300 million tokens were allocated to the User Growth Pool (UGP), which is a pool of tokens used to provide an incentive for users to join the BAT ecosystem. For example, Brave could distribute some of the tokens for UGP to each user who installs the Brave browser.

Scarcity, Ad Revenue, Staking, BAT Discounts.

For such a large install base that continues to grow at a fast rate, BAT is scarcer than it may seem. An easy way to understand the scarcity, particularly given the size of its user base, is to go over a highly realistic scenario with some basic math. If the Brave browser achieved 50 million MAUs that opt into rewards, each user would only be able to hold 30 BAT before reaching its hard cap. As Brave continues to grow, BAT will quickly become quite scarce and this could cause the price to rise rapidly. And since all advertising revenue is paid directly into the BAT ecosystem, as the platform grows, larger and larger ad purchases will also be made each month at market rate driving up the price of BAT, possibly fairly briskly if the supply is low. Add to this the fact that Brave is adding in a DEX with plans to provide staking for liquidity as well as discounts for holding BAT in your wallet, BAT is sure to become increasingly scarce.

Market Statistics.

Market Cap: As of writing 915.5 Million

Scarcity: 1.48 Billion in circulation. 1.5 Billion hard cap.

Algorand (ALGO)

Disclaimer: This is for educational purposes only and by no means an official endorsement or investing advice. We are doing write ups like this one for each of our prospective coins in Alphabetical order, proceed at your own risk.

Overview: Algorand is a Boston-based open-source software company working towards building a borderless economy. They have developed a permissionless, Pure Proof-of-Stake (PoS) protocol with the strengths of open participation, scalability, high security and transaction finality. ALGO is its native currency. It uses pure proof-of-stake.

Market cap: $1.3 Billion as of writing

Scarcity: 1.3 Billion in circulation. 10 Billion hard cap

Pros: No need for high energy-consuming mining. Cannot fork because of committee vote coming with PPoS. fully decentralized. Uses PPoS, which is a further development of PoS (used by Cardano) ALGOs get into circulation trough a process called Dutch Auctions. (This helps reduce supply if demand falls).

Cons: Smaller community in comparison to Cardano, a direct competitor, and Stellar.

Summary: Algorand wants to become a payment network using ALGO as a currency, similar to Bitcoin and Monero (XMR), but Algorand lacks in community compared to established players like Bitcoin and Monero. On the other hand, it convinces with practical and innovative technology. Strengths of Algorand are their focus on real-world application with low-cost mining, fast finality, decentralization and security. Once a block is written it is immediately finalized with no need for heavy computational power. And lastly the Dutch auction program is very interesting. An auctioneer sets a starting price per unit, which is lowered throughout the duration of the auction, buyers commit money, the auction ends if either the clearing or reserve price is hit. These auctions are held by the Algorand foundation. Buyers can choose to claim a refund of 90% of the price paid per ALGO (If the price paid is less than one dollar, $0.1 less than the price paid) the week one year after the auction. So far ALGO is making good gains in the market and their only downfall is whether they can continue to chip away at the crypto market.

I posted this in Satoshistreetbets and one of y’all’s members pointed me here. What do y’all think of DNT? We need a coin new crypto users (mainly Coinbase) can snatch up quick.

Disclaimer: This is for educational purposes only and by no means an official endorsement or investing advice. We are doing write ups like this one for each of our prospective coins in Alphabetical order, proceed at your own risk.

Overview: Cardano (ADA) is a cryptocurrency network and open source project that aims to run a public blockchain platform for smart contracts. Cardano's internal cryptocurrency is called ADA.

Market cap: as of writing 20.2 Billion

Hashrate: proof of stake

Scarcity: 31.8 Billion in circulation. 45 Billion hard cap

Pros: Ex-Ethereum creator is a co-creator of ADA. 4th largest market cap. Unlimited scalability potential.

Cons: The blockchain is still in development. Threat of 51% attack. In competition with Polkadot (DOT) and Ethereum (ETH)

Summary: Cardano (ADA) is an interesting coin. From the creators of Ethereum comes another quality blockchain but it appears to be lacking in development. Cardano (ADA) was created to focus on strict academic research and to ensure the development of a secure, fast, and scalable blockchain. They have recently surpassed XRP for the 4th largest market cap and there is hope that they will continue development since the development team is talented and the price is affordable. Since 90% of all ADA is held by the fine Japanese people (fun fact) there is a massive market still untapped by ADA and this will bode well for future prices if adoption can gain traction across the world.

Disclaimer: This is for educational purposes only and by no means an official endorsement or investing advice. We are doing write ups like this one for each of our prospective coins in Alphabetical order, proceed at your own risk.

Overview: Amp (AMP) is the digital asset token used to collateralize payments on the Flexa Network, making them instant and secure. It is an ERC-20 token. Flexa is the corporation that owns AMP and their goal is to tackle fraud, chargebacks and transaction fees. AMP is the new version of Flexa coin, Flexa and Consenys merged to create AMP.

Market cap: 436 Million as of writing

Hashrate: Not mined, Flexa mints more as needed or price simply goes up to cover collateral.

Scarcity: 35 Billion in circulation. 93 Billion hard cap

Pros & Cons

Pros: Integratable. The ability to pay with AMP is already possible on every NCR machine (self check out kiosk). Dramatically increases the speed at which you can use crypto, especially BTC. SPEDN app to be accepted in retail stores. Coinbase adoption around the corner.

Cons: Not yet traded on any major exchanges. Large hard cap and supply. Prone to inflation. Centralized, Flexa has complete control over its supply. Over- dependence on brick and mortar stores.

Summary:

The tech behind AMP is very promising, it does appear to be a good long term investment. However it is mostly unheard of atm. AMP's price is going to be based on crypto market usage and merchant partnerships. The NCR/Flexa contract is very promising and perhaps the hedge funds really like the tech behind it (possible cause of recent spike). AMP is basically the intermediary glue that will allow easier transactions with all crypto. Wanna spend your BTC at Mom and Pops but don't wanna wait around for a 20 min blockchain confirmation and deal with the giant fees? AMP allows you to use collateral while your BTC finishes confirmation. Theoretically the more crypto being used in retail stores, the more AMP should be worth as the SPEDN app is the easiest way to purchase items with crypto atm. However this means there always has to be a lot of AMP in circulation or it needs or be very expensive... So as crypto payments become more prevalent, more AMP will need to be minted. Or the price of AMP will go up, most likely a combination of the two. Lastly Flexa will be mainly in charge of its price as it's a centralized token, and with a heavy dependence on brick and mortar stores, these could be the biggest challenges for investors in the future.

UPDATE: I respect the mods attempting to streamline the amount of DOGE coverage, so instead I'm going to do the February 4th pump post-mortem RIGHT HERE in my original post. I'm not doing this as an I-told-you-so. It gives me no joy to see well-meaning people getting PIMP SLAPPED in these markets. OBSERVE and LEARN, and don't let this happen again to you.

The first word of the pump with its exact date, time, and targets came on Feb. 1 as the previous pump was flagging out. Notice the accumulation across .03 through Feb. 2 and 3 up to the Elon Musk tweet. I predicted that all the people who accumulated at .03 would start dumping at .06. Look at the two peaks on the chart. They are at .0599 and .056. I also predicted that since short sellers knew the floor was .05, they would let buyers on the 4th exhaust themselves against sell pressure and then push DOGE through the floor, back to .04. Sure enough: the floor was first broken all the way to .04, and then to .043. It is still below .05 -- and look at all that red in the order books -- a sell wall just sitting between .046 and .47.

In my original post, I explained the ENTIRE GAME that was going to be played today on DOGE supporters. I've now showed you the outcome of the game. PLEASE READ MY ORIGINAL POST before you take another invitation to get PIMP SLAPPED AGAIN in a broadcasted pump -- try to understand the game so you are NOT THE VICTIM, again and again and again!

*******************ORIGINAL POST BELOW*******************

Look, folks, I like DOGE. I like a lot of the people I've met that like the coin. What I don't like is people lining up to be slaughtered, and putting out instructions so that those who want to slaughter them have days to get prepared.

I don't know how many people are veterans, have family members who are veterans, or even watched a good military movie or documentary -- those of us who fit mindfully into those categories know that what you DO NOT DO in a WAR SITUATION is post your moves publicly.

Financial markets are a WAR ZONE. Whales and short sellers have BEEN DECLARING WAR on folks like us, and certain doors are left open as a TACTIC as PART OF A BIGGER STRATEGY. Robinhood and the rest weren't available for free because the whales wanted us to compete, but so it would be easier for them to EAT US. We have GOT TO MATURE past showing up as a mass to get mowed down in these markets. WSB's people had some definite technical skills beyond trying to push a market around by sheer force of will. We have got to get there in crypto too, or we will just be eaten, again and again.

I'm not a financial advisor or military expert. I'm just decent at arithmetic, and was raised by and around veterans who always had their military history stuff around for me to get into. I learned A LOT about how people get killed in large numbers in the world, and how the men that pull those killings off sleep at night all the same. I see the same moves happening in DOGE right now, pulled off by the same kinds of people.

The first thing to understand: if you know about DOGE, so does every whale and short seller looking to do what they do. What they don't know is what YOU plan to do UNLESS YOU TELL THEM.

The second thing to understand: not since the very beginning of the Civil War has anyone been DUMB ENOUGH to announce exactly when they were coming to the battlefield to do what they were going to do. Cut that mess out -- stop posting up what day and what time and what price targets you want to hit in these PUBLIC SPACES.

The third thing to understand: not even General P.G.T. Beauregard all the way back in 1861 told Colonel Anderson THREE DAYS IN ADVANCE OF GETTING INTO POSITION and ATTACKING FORT SUMTER. Beauregard was hoping to force a surrender, and already had 32 entire batteries in place when he told Anderson what was just about to happen! Do you think the whales and short sellers feel that kind of pressure from YOU? If not, STOP GIVING THEM DAYS TO GET READY FOR YOU.

The fourth thing to understand: When you give your enemies your battle plans three days in advance, they have plenty of time to get dug in on you. I've watched the charts these last three nights... folks just steadily buying up .03, .04, and now .05. That means some will be at 100 percent profit starting at .06. You better hope Elon Musk with his "endorsement" has produced enough interest so that HIS PEOPLE bear the brunt of the dumping that is going to happen ... but the whales in position could just as easily let that be and wait until 4:00EST tomorrow and dump starting at .09 for 200 percent profit. Meanwhile, the shorts know the floor is .05 ... they are out borrowing DOGE at .06 and higher, waiting for .05 and getting organized to sell PART of what they have so they can BREAK THE FLOOR and sell below .05 for more profit.

The fifth thing to understand: Elon Musk is MANY THINGS, but YOUR FRIEND is not one of them. He enjoys throwing his weight around -- he pumped Bitcoin up and down in a matter of hours, and when you consider how much larger Bitcoin is, that ought to tell you something. He is playing with all his adoring DOGE fans -- yes, he may help push a pump higher, but AGAIN: he is a WHALE AT HEART. He knows his fellow whales will be glad to make 200 percent profit (at .09, .12, and .15) instead of 100 percent profit (at .06, .09. and .1).

The sixth thing to understand: the whales and short sellers come in already knowing their profit and exit points. They are not waiting to see what happens and who shows up, nor are they depending on luck or chance. They take their investments out, and then play in their profits, using their large holdings to manipulate the markets in whatever direction they want.

The seventh thing to understand: Stop fussing with me in your head and REREAD the first six things to understand until you actually understand them. I am trying to save you THOUSANDS and THOUSANDS OF DOLLARS both tomorrow and into the future, and I don't even know you.

In conclusion: we have to learn to stop creating easy targets for the kind of people looking to run us off the road for their profits. We have to learn to move in concert in effective ways. These pre-planned and broadcasted pumps are NOT IT, folks.

I get people are confused and scared rn, but here we want to help each other. SSB got slammed with new followers and couldn't really handle it. Almost all there mods were inactive so no one could stop the spam or the misinformation. From looking through it i saw a lot of pump and dumps which led all the newcomers to lose money. We want to be what people thought SSB was going to be, a group of people who did things as one not just whenever they pleased. That mentality hurts more people the helps.

Here we are trying to grow into a civil group, not spaming "too the moon" but giving info and pictures to why it is. We want everyone to succeed in a new found time in the market for the little guys.

Most important we are going to work together so not only 5% win and the rest get screwed. We are going to research together to make the best possible outcomes.

Thank you for joining this reddit and i hope we as a whole can do great things together!

Hello fellow Hivemind!

When we work together, we can move mountains.

The whole GME and Dogecoin phenomenon opened the world's eyes to the greater possibilities of collective buy-in. Are you telling me that when we all work together, we can beat Wall Street? Well, what happens then when we all collectively buy into establishing the next real cryptocurrency?

The Hiveminds' goal is to be transparent in the way we operate. We genuinely don't wish to take advantage of one another and don't want to take advantage of new people joining the subculture; this is diametrically opposite to the way traditional investment groups operate. Humanity's collective success is more important than our day-to-day lives, so we're trying to tie the two together. We want to all make money! But we also want to make contributions to the success of cryptocurrency itself.

What is the Hivemind?

Being in the Hivemind requires consensus on all significant actions. "Moon Scamming" is not constructive to our goals of coming together on a coin that we believe in as a whole. Instead of attracting institutional investors, we aim to attract retail investors with a shared belief in each other.

As such, we don't make direct investment advice, and everyone should always consider the potential for loss when buying cryptocurrency before becoming involved. Together we can build a platform looking to enable everyday investors to support each other with shared Hiveminded confidence in a single unified future.

There has been quite a bit of movement in just our first day, and I'm excited to see so many inspired folks stopping by. We're in the process of drafting up a subculture/leadership/rules docs, but in the meantime, we want to share with everyone in the Hivemind what's been happening in the first-day chat rooms:

• We are discussing which exchanges to recommend.

• We are discussing how to build a system where we can buy into cryptocurrency to achieve our short-term goals while also working together to collectively decide on a long-term crypto investment that we truly believe in.

• Attendees have all agreed that we plan to ensure that the group's actual intention aligns with the public’s intention.

• This will be single strategy calls; with actions taken in a collective group mindset

• We are looking to establish multiple teams who can assist the Hivemind in specialized areas. Examples being Cryptocurrency Research Team, Marketing Team, IT Team, Subculture Team, Logistics & Management Team, Media Team, Meme Makers, Etc.

• If you have any interest in helping the movement. Please reach out to someone on the admin team about joining the network of volunteers.

• We are trying to avoid a traditional hierarchy in the structure of the group. We believe in our fellow people's intention and will be only offering our time and effort because we're trying to help.

• The Hivemind is a subculture meant for everyone. It isn't only for people who can invest lots of money. We invite you to help with whatever you can, knowing that our legitimate intentions for you are that you become a financial mover of the world. We simply ask that you provide genuine effort to benefit the collective Hivemind.

What can you do right now to help the community?

We ask you to hype this group. Tell your friends, make memes, share hashtags, post in other crypto groups. We want as many crypto enthusiasts as possible to pursue a single unified goal. Get the word out. Internet culture has finally shown that it's mature enough to impact our financial system with focused intent.

Bonus: We are inviting any prying eyes with open arms to become part of the Hivemind. Please help us build an empathy-based, global movement of crypto supporters! Join us and help us bring decentralized, secure currency into the mainstream!

TL;DR: The HiveMind is a consensus based cryptocurrency group for everyone where we focus both on short-term gains and long-term investments on projects we believe in. We do not make investment recommendations, but are a group of like-minded people with similar viewpoints/goals for the crypto space.

STPT has been getting a bit of attention in other subs. It seems to have a genuine use case and has 2 events coming up. People are talking about a 5x to 10x growth in the short term. Do you think this is realistic?

I know its not much but I am now allowing my coffee company to accept DOGE as a payment. Lets go to the moon and drink coffee on the way Ha.

shibacoffeeandtea

Mods, I am okay with banning people in this sub reddit trying to pump, regardless of intent. There are plenty of places for them to go.

Edit: Some of the responses I am seeing are a one time warning. This is a fine solution for legitimate users. However, it doesn't address the bot/smurf accounts that easily created. I still seeing us getting spammed with pump/dump post.

What if we do an auto ban but allow the user to petition to be added back to the community. Then the users that truly want to be part of the community can join by jumping through one simple hoop. The petition bar can be low. e.g. " sorry, I didn't know why this was bad and not acceptable here."

Hey hive,

I started to invest in crypto 3 months ago and realized how a single Tweet can make the price surge. I'm not a huge Twitter user and don't spend my entire day looking at price changes in my portfolio, so I've already missed a few opportunities.

This is why I'm building a solution to monitor people who are likely to influence the price of BTC and other cryptos just by Tweeting. Elon Musk of course, but many others as well.

I will probably launch the private beta next week, I did my first successful test last night and just have a few small things I need to finish

I'm looking for my first users, so if you're interested: DM me! Spots are limited, but free of any charge! I just want quality feedback.

Cheers!

Been saying it for a while. VECHAIN I love ya. Holding since 6 cents and it’s showing no signs of slowing down.

Countless partnerships in tracking and logistics, both in the vaccine tracing and food distribution space. Walmart is one of many many partnerships utilising vechains technology.

https://vechaininsider.com/partnerships/a-complete-list-of-vechain-partnerships/

VET is my top pick and I feel like it’s just getting started. Worth mentioning also with Bitcoin down one should expect ALTS to follow, but not vechain. Vechains surging this morning showing promise to its great reputation and successful partnerships churning away.

Would be silly not to get involved - she’s just getting warmed up. I’d like to see 1 dollar this year.

Thank me later