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Womp womp. Should have listened to my gut. Not worried that it will get back above 3k, but looking like I might have to wait a bit.

Well boys, my 3k ETH buy just triggered. Wish me luck. Let's hope this is still the bottom rather than the new top.

Anyone scouted Hedera?

Of course. Aside from the general shadiness of it, his wallets hold roughly 5% of the BTC that will ever exist.

We don't know who Satoshi was or where the entity named Satoshi went. We have no idea what projects he/they are involved with. Satoshi's wallet is still out there with a ton of bitcoins in it. Ethereum has its issues, but BTC has plenty of its own questions and concerns.

Honestly not sure. When the hashrate has dropped significantly before it had a big negative impact on price, but it's hard to tell how much of the impact was due to the hashrate reduction or the bad news surrounding it. China banning BTC mining is the example that comes to mind.

Apparently Kazakhstan makes up a really big portion of the Bitcoin hash rate and the government troubles there interrupted things and dropped the hashrate. Not sure how much mining goes on in ukraine, but it wouldn't surprise me if it was a decent amount...

Any guesses on crypto market activity if Russia crosses the Ukrainian border over the next weeks?

This is actually pretty much exactly what I was seeing. Re: Quasimodo- I'm not sure a pattern has to be completely perfect to fit the paradigm. This is why I had my ETH buy at 2100. It wasn't set to catch the absolute bottom, but close.

Roughly July 19, 2021 to current. It's incomplete so far, just looks like it could be heading in that direction. Not a chart expert though.

ETH looking kind of like head and shoulders to anyone else or is it just me?

I haven't parsed it, but I was under the impression that BTC has always been fairly influenced by stock market movements, especially negative ones. And the rest of the crypto market has always been influenced by BTC.

Very nearly bought yesterday when things had briefly leveled off, but thought, nah I'll wait and see what the larger market does Monday. Whew.

My personal buy limit is set up for 2100 for ETH, but it's a total gut instinct lowball. If we start to consolidate for a while I'll just snap it up at whatever it's at when it consolidates.

The farm

Bogdanoff twins died and it's causing the markets to crash.

Clearly he didn't catch the absolute bottom, but if he bought at $3,333 he isn't too far off right now. If (when) it rebounds back to 4k+ I'd say he did nicely. IMO there's a 99% chance ETH goes back above 4k and well beyond- the only question is how long it takes to get there.

Grats, you *may* have caught the absolute bottom of this current dip.

Dumbest thing you can do is sell at a loss if you are talking ETH/BTC/Matic. If you are talking shit coins you might as well sell

What's your avatar's name?

This is really insightful and all, but we've all seen the Matrix and most of us probably have at least heard of Plato's Cave. Did you port in here from 1999 to save us?

If I'm thinking of the show you're thinking of, that show still haunts my dreams

Then again, as someone else noted, having an entire magazine devoted to your 100th birthday get printed and then dying just before you turn 100 is excellent comedic timing.

Makes sense. They've had lots of big news recently and lots of people are using this dip to buy in.

Yeah, I got what you were saying and I didn't disagree. Seems like a nice little loophole (in a sense) that you've found. I've been swinging ETH myself on RH (free trades) and I'm liking how it's been working so far.

This is the long way of saying right now it doesn't exist. It's still very much in the "idea" phase. People are investing money in things that, at best, would be considered wild speculation. You'd have to be pretty fucking insightful to have any idea of what direction things are going to move...

For use case crypto, buy and hold is very clearly the best way to make money. No question. For shitcoin slot machines, buy and hold is the worst strategy long term. That's how you lose your money. You can obviously make money swing trading a use case coin like ETH. Gotta be patient...

Yeah, something like that could have some pretty dark implications- especially in China. But there are a million non-evil ways it would be useful to have a way to instantly track and verify chain of custody from manufacturer to delivery. VET has dipped its toes a bit in the food industry...

I like Vechain/VET. I'm invested in Vechain. But shit like this really makes me wonder if it's just a really convincing scam. They've announced a lot of "partnerships" in the past that haven't seemed to amount to much. I'd like to think they wouldn't have the audacity to announce a...

What makes you more hesitant to deal with crypto tax than normal stocks?

You could just, you know, buy some matic... It's on pretty much every exchange.

Wow, I might have to revise all those numbers in that post I made just this morning, based on the current run.

Yeah, that was always a wildly optimistic prediction. I personally didn't predict it would go quite that high, but honestly I wouldn't have been too surprised if it did. It's been an unbelievably good year for crypto as a whole. If you went in on ethereum at the beginning of this year, you are...

Some social networking platforms are in the process of implementing their own crypto to accomplish the same thing Minds is proposing, but it seems like Minds is both a crypto AND a social networking platform? Kind of confusing?

Yeah but who's going to sue Pantheon? What do you get if you win the lawsuit?

Definitely looks like EQ. Seems great to me, but I'm wondering if they're going to start to run into copyright infringement issues.

Thanks for the summary. Did I read somewhere that one or more of the devs on this actually worked on original EQ, or did my brain just make that up? Have these guys put anything out before? Do they have professional funding or is this a garage project? People seem to be pretty optimistic...

Can someone summarize why we think this has an actual chance of 1. Being a quality EQ style mmo. 2. Actually coming out before we are all geriatric. I'm sure the data is buried throughout the thread, but if someone has Cliff's Notes I'd be obliged.

That part always bothered me in that movie too. Dude is a funny guy.