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19086450 No.19086450 [Reply] [Original]

>> No.19086471

link

https://www.forbes.com/sites/colinharper/2020/05/14/reddit-launches-ethereum-tokens-for-subbredits-in-new-community-points-campaign/#faa1313533c6

>> No.19086531

>>19086450
so you're saying it's time to short eth?
Somehow every new use case dumps the price.

>> No.19086554

>>19086450
priced in

>> No.19086570
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19086570

>Reddit rolls out Ethereum tokens -Forbes

>> No.19086851

>>19086554
eth wouldn't be under 200 if it was priced in

>> No.19087168

ETH should be at least 400usd right now on this news.

>> No.19087350

>>19087168
i have no idea whats going on. Some crazy manipulation must be happening, or eth is still tethered to btc price.

In 2018 this would have set off another bull run

>> No.19087474
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19087474

reddit is in decline; mass censorship everywhere cucking to china

>> No.19087687

>>19086450
So reddit is basically steemit now?

>> No.19087724

>>19087687
steemit community forked into hive.

They just steemrolled them overnight. I really liked the direction hive was going too :(

>> No.19087754
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19087754

>>19086450
priced in

>> No.19087810

>>19087474
guy who published that is banned from nearly every sub now

>> No.19087933

>>19087754
eth is sitting at 200. world hasn't woken up to this yet.

>> No.19087978

>>19087933
No, that’s not how crypto works anymore. Have you been away since 2017? A lot of good things have happened to Eth and the price dumped with every one of them. A simple meme or twitter post doesn’t start bullruns anymore.

>> No.19088123

>>19087978
yeah but their hasn't been many announcement normies can converse about.

>> No.19088425

Am I taking crazy pills? This should be huge.

>> No.19088643

>>19086450
Now karma whoring will gain a whole new dimension. Who knew crypto would trigger the reddit singularity, it's going to become an even worse cesspool of normie shit.
It boggles the mind.

>> No.19088694

>>19088643
moderators have a vested stake in making sure the sub doesn't turn to shit. they get 10%

>> No.19088792

>>19088694
The only incentive I see here is growing the subreddit and leaving controversial, epic upboat trains alive and well so their 10% cut absolutely increases.
Upboat-bait.

That's what they mean by community points right? Moon = upboat / brick = down?

>> No.19088860

>>19088792
I think its just for tips and engagment.

Bricks are in the fortnite sub. Bricks are in the fornite sub.

>> No.19088893

>>19088860
sorry moons are in the cryptocurrency sub

>> No.19088971
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19088971

>>19086450

>> No.19089040

>>19088893
My bad I should read articles thoroughly but it's about fucking leddit.
Ok so automatically distributed gold/crypto related to karma.

Karma being separated into 2 : Link / Comment.
Increasing when you get upboat, decreasing when downboat.

Now people that didn't care about it because it was useless meme internet point, have a new incentive to farm it to get redeemable goods/services. Still sounds bad.

>> No.19089125

>>19089040
It's just an experiment though. I'm sure another site will hear about this and make a better implementation.

>> No.19089181

>>19086450
I don't see how this would pump eth, people have been "tipping" btc and doge on reddit for years

>> No.19089220

>>19089181
This is much more formalized with monthly disbursements. Now users get a share of the tips.

>> No.19090243

bump

>> No.19090281

>>19086450
What's the fucking point? They are just clogging the ETH network even more lmao

>> No.19090604

>>19087474
>4 mods basically control all the popular subreddits
Jesus fucking christ, I didn't know it was that bad.

>> No.19090666

>>19090604
they are probably, unironically, jidf.

>> No.19090722

>>19090281
the point is ethereum has all the devs and is only second to bitcoin in network effect.

Bitcoin has the first mover advantage, but their shouldn't be this much of a disparity between market cap.

If you had any project in silicon valley garner this many devs, VCs would pour billions into it.

>> No.19090769

>>19090722
>the point is ethereum has all the devs
And despite this it is still fucking useless, doesn't scale, and is as insecure as the retards who create bullshit applications that are entirely centralized and stoppable.
"Unstoppable code" my ass.

>> No.19090852
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19090852

>Reddit

>> No.19091300

>>19086570
kek

>> No.19091556

>>19086450
ETH is officially a reddit coin

>> No.19091763

>>19091556
eth is for everyone, including you