Ethereum Soars 10% Overnight — Implications For Bitcoin

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EthTrader: Ethereum news, tokens, memes, staking, economics, trading, and investing hub.

Welcome to /EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. Tags: ETH, BTC, Bitcoin, Augur, REP, DGD, ICN, MRK, MKR, GNT, DApp, Turing Complete, java script, how much money, time and money, new virtual currency, contractual dispute resolution, current market cap, core value proposition, CASPER, PoS, PoW, blockchain, Poloniex, GDAX, Coinbase, Vitalik Buterin, gas, fork
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Ethereum

Next-generation platform for decentralised applications.
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How to Convert Reddit MOONS to Dai (and then Ethereum, Bitcoin, fiat etc)

There are already good resources out there such as:
https://medium.com/dappworks/full-guide-convert-reddits-moon-cryptocurrency-into-e349ec1992d0#:~:text=Click%20on%20arrow%20button%20in,Click%20%E2%80%9CSEND%20MOONS%E2%80%9D
Hopefully, the guide below can help fill in any blanks or give you an alternate route. Please note this is a long and fairly complex process and runs the risk of loosing MOONs and small amounts of Ethereum and Dai which are used in the transfer process. I take no responsibility for individuals using this guide and it is up to you to research other resources and do your due diligence.

  1. Post engaging content, comments or memes...
  2. Hope that you get upvotes
  3. The more upvotes you get, the more MOONS (a cryptocurrency token) at the end of the month you get
  4. These MOONS are tokens on the Rinkeby Test Network, not the main Ethereum blockchain
  5. Now time to convert these MOONS to Ethereum, Bitcoin, fiat etc
  6. Please note that I am not responsible for any loss of funds beyond this point to proceed with caution!!!
  7. You will want to link your reddit MOONS account to a Metamask account
  8. Download Metamask if you haven't already (it's a Chrome app)
  9. Find out the seed phrase for your Reddit Moons Wallet (don't share this with anyone and keep it safe!). Do this by opening the reddit app and clicking on 'Vault' on the left hand menu
  10. Then click the three little dots next to Vault (at the top)
  11. Now click Recovery Phrase
  12. Write this down with pen and paper
  13. Now open Metamask and import your seed phrase to link the account (Note that your MOONS will probably not appear yet, will get to that later)
  14. Next up we are going to want to go to the exchange where we can swap our MOON tokens for Eth (although it is not as straightforward a process as you might think)
  15. https://xmoon.exchange/
  16. You will see that this exchange has three sections. The first allows us to exchange MOONS (on the Rinkeby blockchain) to XMOONS (on the XDai blockchain, where Gas fees are paid in XDai rather than Eth). The second section allows us to exchange XMOONS for XDai. The third section allows us to exchange XDai for good old fashioned Ethereum (on the actual Ethereum blockchain).
  17. Before we get started with any exchanging, we need to configure metamask a bit.
  18. First up we are going to make Metamask show the MOONS that we have. To do this, change the network from 'Main Ethereum Network' to 'Rinkeby Test Network' at the top dropdown menu. Now click 'Add Token' and custom token. Now input the following:
  19. Token contract address: 0xDF82c9014F127243CE1305DFE54151647d74B27A
  20. Click next once
  21. Now click back (weird I know)
  22. In the decimals of precision enter 18
  23. You should now be able to see the correct number of MOONS and this should match the amount you saw on your vault in Reddit
  24. In preparation for later we are also going to want to add the xDai network to our metamask
  25. To do this click on that drop down at the top of top of metamask again and click Custom RPC
  26. Now enter exactly what is shown here https://www.xdaichain.com/for-users/wallets/metamask/metamask-setup
  27. Still with me? Now we are going to get to exchanging
  28. Switch metamask back to Rinkeby Test Network and on xmoon.exchange click 'connect' and follow the instructions shown on metamask
  29. We are also going to need some Rinkeby Ethereum (don't worry it's free since its just a test network, go to https://faucet.rinkeby.io/ to get some (don't need much)
  30. Now click MOON to xMOON and convert the amount you want to!
  31. This process can take quite a while (took me 30 mins) so grab a coffee
  32. To check if you have xMOONs now, change your metamask over to xDai network
  33. They should appear on the xmoon.exchange site
  34. Next we want to convert these xMoon's into xDai, however, we have to have some xDai in there in the first place to pay for the gas (remember that this xDai blockchain uses xDai to pay for gas not Eth!). To do this, buy some Dai (20 USD should do) in your favourite way (normal exchange, DeFi, etc.) and transfer it to your Metamask account Eth account (ON THE MAIN ETHEREUM BLOCKCHAIN, DON'T USE RINKEBY!). Also transfer around 10 USD worth of Eth to your metamask to cover any gas fees on the Main Ethereum Blockchain side of things.
  35. Great, now while keeping Metamask on the Main Ethereum Blockchain, click DAI to xDAI and convert around10-20 USD.
  36. Once this xDai has shown up (again could take a while), switch metamask back over to xDai blockchain and click xMOON to xDai (this should be fairly quick)
  37. Now click xDai to Dai (might take a while again, don't panic like I did!)
  38. You should now have Dai on the Ethereum blockchain held in your metamask (which you can see once you switch metamask back over to Main Ethereum)
  39. Feel free now to do with the Dai whatever you wish! Send to an exchange and swap to BTC or Eth, keep a hold of in metamask etc etc

Please feel free to offer comments and corrections in the comments :)

Edit 1: Typo fix!
submitted by christophertacon to CryptoCurrency [link] [comments]

HandleKrypto.com tilbyr nå kjøp og salg av Bitcoin, Ethereum, Bitcoin Cash og Litecoin gjennom sikker innlogging med Bank ID og trygg bankbetaling på 1-2-3. Kjøp, selg og konverter kryptovaluta hos oss på handlekrypto.com.

HandleKrypto.com tilbyr nå kjøp og salg av Bitcoin, Ethereum, Bitcoin Cash og Litecoin gjennom sikker innlogging med Bank ID og trygg bankbetaling på 1-2-3. Kjøp, selg og konverter kryptovaluta hos oss på handlekrypto.com. submitted by OlavOlsm to BitcoinNO [link] [comments]

How to Convert Reddit MOONS to Dai (and then Ethereum, Bitcoin, fiat etc) (x-post from /r/Cryptocurrency)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Antoni Trenchev on Bloomberg: DeFi, Ethereum, Bitcoin and Nexo’s recent growth spurt

Antoni Trenchev on Bloomberg: DeFi, Ethereum, Bitcoin and Nexo’s recent growth spurt
Nexo's Co-founder and Managing Partner Antoni Trenchev spoke to Matt Miller and Anna Edwards about the DeFi industry, Ethereum’s price jump, and Nexo’s growth over the past months on this morning’s Bloomberg Markets: European Open.
https://preview.redd.it/4n9ovlfapap51.png?width=1280&format=png&auto=webp&s=aa7a6f01f78b6b14a814f0a5694c483c1e43f8a6
Watch the video & read the full transcript here.
And, of course, don’t forget to share your thoughts. Have a good weekend and stay ahead!
The Nexo Team
submitted by NexoFinance to u/NexoFinance [link] [comments]

New to ethereum/Bitcoin in general looking for some learning/information resources

Any links to good yt channels, books, sites would be greatly appreciated.
submitted by Demonicknyght to ethereum [link] [comments]

🦄 Como usar a Uniswap tutorial em português #ethereum #bitcoin - Dicas sobre Bitcoin - mais rápido dinheiro

🦄 Como usar a Uniswap tutorial em português #ethereum #bitcoin - Dicas sobre Bitcoin - mais rápido dinheiro submitted by infocryptocoins to CertificadoDigital [link] [comments]

[H] 10-15$ Apple, ITunes Giftcard [W] 9-14$ Ethereum, Bitcoin, Litecoin, Tron

Looking for a longer term supplier, wanting to buy each month.
submitted by MierenKnager to giftcardexchange [link] [comments]

AI paintings by Ameen Ul Insan | Tribute art to decentralization community | Ethereum Bitcoin (x-post from /r/Bitcoin)

AI paintings by Ameen Ul Insan | Tribute art to decentralization community | Ethereum Bitcoin (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

AI paintings by Ameen Ul Insan | Tribute art to decentralization community | Ethereum Bitcoin

AI paintings by Ameen Ul Insan | Tribute art to decentralization community | Ethereum Bitcoin submitted by ameenulinsan to Bitcoin [link] [comments]

How to Send Ethereum,Bitcoin,BCH,LTC Without Any Fee

How to Send Ethereum,Bitcoin,BCH,LTC Without Any Fee submitted by tamilreviewtoday to u/tamilreviewtoday [link] [comments]

Is The Ethereum Bitcoin Flippening Back On?

Is The Ethereum Bitcoin Flippening Back On? submitted by serenity2021 to ethtrader [link] [comments]

Use of #BCH #Blockchain and is it ok to do #CryptoMining in #India were the two main topics of discussion on our weekend meet-up. #BitcoinCash #ETHEREUM #Bitcoin https://youtu.be/G7U9grg6WZU

Use of #BCH #Blockchain and is it ok to do #CryptoMining in #India were the two main topics of discussion on our weekend meet-up. #BitcoinCash #ETHEREUM #Bitcoin https://youtu.be/G7U9grg6WZU submitted by InstaCrypto_INC to btc [link] [comments]

NEO and Ontology launch the tokenless PolyChain Network protocol to fully interact with Ethereum, Bitcoin, Cosmos and Switcheo chains - further integrations to come (x-post from /r/cryptocurrency)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Ethereum, Bitcoin locked in DeFi rockets past $5 billion

Ethereum, Bitcoin locked in DeFi rockets past $5 billion submitted by EthTraderCommunity to ethtrader [link] [comments]

CRYPTO WEEKLY NEWS — August, 21 (Ethereum, Bitcoin, Youtube)

CRYPTO WEEKLY NEWS — August, 21 (Ethereum, Bitcoin, Youtube) submitted by CoinjoyAssistant to u/CoinjoyAssistant [link] [comments]

CRYPTO WEEKLY NEWS — August, 21 (Ethereum, Bitcoin, Youtube)

CRYPTO WEEKLY NEWS — August, 21 (Ethereum, Bitcoin, Youtube) submitted by CoinjoyAssistant to CryptoCurrencies [link] [comments]

CRYPTO WEEKLY NEWS — August, 21 (Ethereum, Bitcoin, Youtube)

CRYPTO WEEKLY NEWS — August, 21 (Ethereum, Bitcoin, Youtube) submitted by CoinjoyAssistant to u/CoinjoyAssistant [link] [comments]

Ethereum, Bitcoin locked in DeFi rockets past $5 billion

Ethereum, Bitcoin locked in DeFi rockets past $5 billion submitted by sexyama to DE_FI [link] [comments]

Ethereum, Bitcoin locked in DeFi hits all-time high of $2 billion

Ethereum, Bitcoin locked in DeFi hits all-time high of $2 billion submitted by serenity2021 to ethtrader [link] [comments]

Ethereum, Bitcoin locked in DeFi rockets past $5 billion

Ethereum, Bitcoin locked in DeFi rockets past $5 billion submitted by serenity2021 to ethtrader [link] [comments]

New to ethereum/Bitcoin in general looking for some learning/information resources

submitted by cryptoallbot to cryptoall [link] [comments]

Interview: Arthur Breitman CoFounder of Tezos - XTZ Staking, Tezos vs Ethereum, Bitcoin on Tezos tzBTC

Interview: Arthur Breitman CoFounder of Tezos - XTZ Staking, Tezos vs Ethereum, Bitcoin on Tezos tzBTC submitted by PrimeCoinz to tezos [link] [comments]

BITCOIN & ETHEREUM PRICE PUMPING HARD!!! IS THE BULL RUN ... Ethereum 2.0 Explained By Vitalik Buterin 2020 - YouTube Bitcoin & Microstrategy again! Lead Ethereum Strategist ... Bitcoin fans of INX show that Ethereum is NOT a scam! DeFi ... What is Ethereum? A Beginner's Explanation in Plain ...

View live Ethereum / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Theta – American Wrap 28 September Cryptos Sep 28, 17:27 GMT. Bitcoin growth is tricky. Bitcoin starts the new working week with moderate ... Ethereum, having long played second fiddle to the number one cryptocurrency, bitcoin, is stepping into the limelight. The ethereum price, climbing more than 10% over the last 24-hour trading ... If so, then bitcoin could begin to benefit from the same feedback loop as Ethereum, thus an additional boost to price beyond its current store of value utilization. Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of ...

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BITCOIN & ETHEREUM PRICE PUMPING HARD!!! IS THE BULL RUN ...

Bitcoin or Ethereum - which is the better investment over the next few months and years? With the help of DCInvestor and his post on r/ethfinance, we'll be t... What a great gift idea for the investor, collector, or techie on your holiday shopping list! You can get BITCOINS to display to your friends, family and cowo... Asheville, NC- Welcome to the 1 Bitcoin Show! Microstrategy may buy more BTC! Lead Ethereum Strategist sounds like a buzzword type of title, but I see it as ... Asheville, NC- Welcome to the 1 Bitcoin Show. So crypto yentas are going wild over the guys behind INX. I will break down the controversy and the old boys cr... Bitcoin and Ethereum are pumping hard right now, is this the start of the bull run? 👑 PRIMEXBT https://cryptolark.co/PRIMEXBT 🔥 WEALTH MASTERY https://...

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