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Reverse FUD szn getting ready to start. July is going to be 🔥🔥🔥

Nope. People here are generally pretty well informed.

Well, right- but BTC isn't moving away from PoW, which gives China considerable power over BTC, which is the bellwether for all crypto.

Yeah the China thing is going to be super interesting. I totally agree it would be a good idea to go ahead and get them removed from the space now rather than later. BUT, my understanding is that they are still very, very invested in the space. A huge portion of BTC mining still comes from...

Heh, just blew past resistance.

Additional mining bans in China. Despite the good news for BTC, China still has the ability to seriously hurt it.

Seems like great news for the entire crypto space, but let's keep our fingers crossed. If this experiment fails it will be bad news for everyone. I'm a little 🧐 about El Presidente in El Salvador. This talk about harvesting energy from volcanos to mine BTC seems a little... Out there.

@Flobee right now

Hey, by all means I'd love a list of signs indicating "don't buy" for ETH, because everything I'm seeing is bullish. Anyone can post a gif.

Fundamentals are too strong to ignore this buying opportunity imo. When all the signs are pointing to "Buy" and the only thing holding you back is that... the price is low? That's when you have to ignore the sheep mentality.

Colombia This shit is happening way faster than I anticipated.

What's your take on ETH atm?

The only reason I want to know when we hit bottom is so I can buy more. No way in hell I'm selling what I've got.

That honestly looks pretty close to me. And it also supports @Haus theory that we are between Phase e of distribution and Phase A of accumulation. If that's true, we still have a ways to go before we hit bottom and begin to climb back up again.

Have you read the comments section on news sites? Some pretty fucking stupid people operate computers. From what I understand the whole plan was super amateur/unsophisticated. They managed to get a user name/pw from someone and that's how they got in. They were probably surprised at their...

Prevailing theory is that it was a US Based Exchange in CA and they obtained a warrant.

Well the first step is figuring out if we are still in the Distribution Phase or if we have moved to the Accumulation Phase. I have a hard time believing what we have been seeing has not been accumulation, but I could definitely be wrong. Here are the two charts: It seems to me that if...

We are dropping below support lines though. Phase A for accumulation has us bouncing off support, not dropping below. I keep hearing we have been in phase B of accumulation. We drop below upper support lines in Phase B, and then dip down below the lower support in Phase C, before springing...

Absent the whole death cross thing I'd say 40k, but apparently the death cross is serious chart juju. It sucks too because I finally caught a dip (e.g. right now) when I was prepared to buy but now I'm finding myself cautious. I have zero doubt BTC will be 50k+ and ETH will be 4k+ within a few...

FBI recovering Bitcoin that was used as payment in a ransomware attack shouldn't be causing FUD... Quite the opposite. Cash paid in these situations is almost never recovered, yet they managed to recover the BTC because: 1. BTC isn't some diabolical tool that allows bad guys to get away with...

Interesting working theory ( I stress theory ) on how the FBI got the hacker's BTC:

Imo you should let the lessons some of the hedge funds have already learned guide you: short answer is the long hold is always the most profitable. See below:

Just going on Fintwit, but seeing the same stuff on Reddit. Pomp is about to bust a blood vessel.

I'll let the chart pros weigh in, but I would say no. From my limited understanding, BTC is fast approaching a "Death Cross." It may avoid it, but so far it's trending in the wrong direction. Unfortunately, all indications are that all coins are still tied to BTC, so if it takes a plunge to...

Lots of South and Central American countries now indicating some form of BTC adoption. Brazil, Panama, Guatemala, El Sal... Market shits the bed in response.

I know. Don't even get me started. For every thousand strikes at the leaves of evil, there is but one strike at the root.

I don't get the point of any retcon. Add to or expand the lore if you want, but retconning is cancer, not just for DnD, but for movies and everything else too. You don't have to like history, but you should at least respect it.

DoJ Press conference about ransomware attack at 3:15p EST today. Supposedly crypto will be mentioned. If I was a swing trader I think I'd be ready for this.

I'd like to believe that...

Sooo, what happens now that Trump has come out against BTC? Can't imagine it's good news for BTC. Maybe neutral news at best? Any predictions? Biden is supposedly going to address cryptos role in terrorist/extortion hack attacks too...

I was literally picturing this exact scene in my head reading this thread.

I'm not stressing man, trust me. I'm more bullish on crypto adoption than I've ever been- including when the prices were 40% higher. Despite the fact that I think ETH is the future king, I'm certainly pulling for BTC too (although they need to figure out how to hold a conference without it...

Market doesn't seem overly impressed with the news.

Kinda funny how much longer it takes for news to impact crypto than stonks. With stonks it always seems like the market starts to move before the news is even announced. With crypto the news happens and then it can take as long as an hour before the market reacts. Makes me feel like you could...

The longer this clusterfuck of a conference goes on the more crypto drops. Good thing it's not a 3 day weekend or I'd be broke.

:emoji_grimacing:

This is what I remember from the 99-2002 days. It's not so much that charm is different as people use it differently than they did in early EQ. It's crazy how much the tactics of EQ have evolved over the years. Even now I log on and find people using spells in totally different ways than they...

And the VET rocket is back on track.

Yep- looking like his attempt fell flat. He started losing the ability to pump Doge after a while too. Cry "wolf" too many times and eventually people are just going to stop reacting to your bullshit.

Aaaaaand... There goes Elon trying to fuck BTC again.