Bitcoins/Litecoins/Virtual Currencies

Haus said:

This guy has an interesting point. Not sure the it's perfect correlation/causation-wise. He mentions that there's a huge chinese bitcoin mining pool and every time they dump large volumes of BTC onto exchanges there's a temporary downward spike in prices. He mentions it at around 2:30 in this video. I just find his constant head motion and frenetic speaking style hard to deal with, but the underlying information I found interesting. Of course, as mentioned above he takes the time to mention there he managed to profit on the dip, heh.

URGENT!!🚨 BUY THE BITCOIN DIP RIGHT NOW!! F2 POOL DUMP!!! CRYPTO NEWS & ETHEREUM PRICE TARGET!!!

🚨URGENT!!! F2POOL DUMPED BITCOIN PRICE!! IM BUYING THE BITCOIN DIP RIGHT NOW!!!!!! NEW BITCOIN PRICE TARGET!! MICROSTRATEGY BUYING MORE BITCOIN!! IS ALTCOIN SEASON OVER?!? Altcoin season just got star...

odysee.com

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Yea, Bitboy crypto talks about this alot on his yt channel. Nearly all substantial drops can be correlated with them dumping.

ouch.

Eth is tanking harder then BTC. BTC is holding well compared to alts.
my nano tanked hard.

Ada did not tank at all.. +12% for the day, +15% for the week..

went from 63% ROI to 30%.
I'm not looking to short term trade. so will just keep holding.

Wish I had more spare cash to buy honestly.


If the "unrealized gains, euphoria stage needed for a REAL crash" people are correct, then this really is a huge time to buy.
I believe "euphoria stage" btc is 60-100k.


This swing is pretty big, and probably would have been worth trying to sell /buy. the weekend swings. I dunno, feels like you would just be wrecking yourself on taxes, and its not worth it?
how do active traders deal with the tax% issue?

Apparently Kraken had a bunch of "flash crashes".
Eth dropped to 700 for like 30seconds, and then rose back up over an hour. Ada to 25c.


Could have possibly made out, if you had low buy orders.

well I mean. when when it costs $1000 to buy a loaf of bread..

Araysar said:

This is how you know that laser eye retard is full of shit. Either he is lying, or he actually believes that BTC will have a market cap that is 30% of the entire wealth of the world (~$350T)

MicroStrategy CEO says bitcoin will one day have $100 trillion market value even as price dives

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A lot of the big name BTC people believe that 100T usd is where its heading. He's in good company

Araysar said:

" Although I'm not sure that criticizing China for building too many homes for their homeless is a convincing argument. "

This is how I know I'm talking to a person who's entire understanding of Chinese economy is based of a handful of tweets and headlines

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WTF? Just when you think you've seen the floor on retardation you find someone that actually believes that Chinas ghost towns built out of literal trash are there for their homeless. Fucking LOL. There really is a sucker born every minute.

Araysar said:

Have you not heard about the masses of homeless that the Chinese Communist Party just allows to randomly wander around China? Its just like Southern California x 1,000,000!

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Those people aren't homeless because they are put into work camps. Also a shed 4x4 made out of cardboard is not a home. Places that don't subsidize the homeless lifestyle in multiple ways don't have homeless or very few of them. I haven't seen a homeless person in years. Too hot in the summer and no free plae/shade/ac to stay or even stand in. But they manage to travel 1/2 way across the country to find places that are more welcoming and give them a variety of things and put up with their stuff. Magic.

Araysar said:

Yeah a good company of hype men, shysters, hucksters, swindlers and scammers

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Now that Wall Street has fleeced everyone so bad that Boomers are figuring it out, they're going to move to alt currencies and the next generation of dupes. Ron Paul. Hippies. Libertarians. Religious Right. Green New Deal. Vegans. Death Cults. Qanon. They all use the same wild-eyed language and the promise of a spectacular future is always just over the next hill (maybe not death cults). They always get left holding the bag wondering what the hell happened. I've been there, we all have. Hopefully I don't end up holding the next big bag that comes around.

hefty decline again.



Coinbase being approved for public listing.

Tmac said:

I’m wanting to get back in. Hopefully it will continue down to its 100 DMA.

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Me too buddy. Accidentally sold my BTC dime like a dumbass and refuse to get back in until the price drops. But I want back in...

When and where will coinbase be listed? I actually have faith in a big early jump with this stock.