MISC Crypto Crew (MCC) Vol: XIII: Money printer goes brrrrrr, But Bitcoin doesnt

09-05-2020, 02:39 PM

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#331

jBrahh
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Originally Posted By lowstrife⏩

The time to stop being short and start getting into longs is approaching.

But not yet. Not yet.

What makes you say that? Always respect your opinion, just wanted to see why you don't think this is the beginning of a crash.

09-05-2020, 03:17 PM

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#332

lowstrife
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7-8k is structure I feel comfortable buying longer-term than just a short 5 minute turnaround scalp.

****coins are deleveraging, approaching interesting areas. And 30-40% retraces on the large-caps are always interesting buying areas in overall bullish trends. It's not like we're going to wipe out 4k on BTC next week.

Will we get there? idunno. But I'm watching to see how things evolve. 10k has to fail today\tomorrow for that to happen though, if we bounce here it'll change everything.

09-05-2020, 04:06 PM

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#333

PimpMasterC
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Originally Posted By lockdev⏩

That ability to change currency on a whim is the very reason driving people to bitcoin. Manipulation of currency has made people question fiat.

Originally Posted By Mogambo⏩

lol @ engaging anyone questioning the viability of BTC

no chit. Doesn´t mean that bitcoin is not fundmentally flawed though. Is it good for bitcoin that only 10k bitcoin will be left in circulation at some point?
And anyone that bought sushi coin or whatever deserve to lose their money, lol. Exit scam

09-05-2020, 05:23 PM

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#334

Parkerscott
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I wonder what happened to that $30m punt Alameda took on sushiswap?

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09-05-2020, 06:22 PM

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#335

Serenadium
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He's likely significantly up and has pure profit.

He would have farmed the non-sushi pools first, then pooled the farmed sushi into the sushi pool. He would only have an opportunity cost if he didnt sell in the runup to $12.

09-05-2020, 08:11 PM

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#336

Parkerscott
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Originally Posted By Serenadium⏩

He's likely significantly up and has pure profit.

He would have farmed the non-sushi pools first, then pooled the farmed sushi into the sushi pool. He would only have an opportunity cost if he didnt sell in the runup to $12.

That was still a butthole puckering risk to take lol. Rug was pulled pretty quickly by the time he got in.

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09-05-2020, 10:15 PM

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#337

Serenadium
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Originally Posted By Parkerscott⏩

That was still a butthole puckering risk to take lol. Rug was pulled pretty quickly by the time he got in.

He was in early. Dumped a lot of his stack early when the price was around $0.7 and put the rest into SUSHI/ETH pool.

I was in on the REN/ETH pool pretty late, only got about 1 day and 17 hours of farming in which netted me about 65 sushis (worth $90 currently and $240 before rug).

09-06-2020, 01:12 AM

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#338

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Sushibrah claiming that he hasn't gone anywhere. Deserves all the monies. he's charlie lee, taking profits. Next level exit scamming

09-06-2020, 01:35 AM

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#339

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Originally Posted By Mogambo⏩

Sushibrah claiming that he hasn't gone anywhere. Deserves all the monies. he's charlie lee, taking profits. Next level exit scamming

Crazy how fast you can earn in crypto

Sushiswap has only been out for like 1 week, it's pretty much just a copy pasta of uniswap which is open source. Uniswap founder said it would have taken any competent dev 1 day to make.

Anonymous sushiswap founder just cashed out 13 MILLION for 1 day of work

09-06-2020, 02:39 AM

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#340

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Buying here at 10k is scary - knowing that it can go further down towards 9k or even lower!! Feels like catching a falling knife, but i did it anyway! Hoping it bounces!!

If 10k breaks on daily that'd be my exit signal, But btc is pretty ruthless when it comes to breaking S/R levels, gives little time to exit like we saw on that dump from 11k!

09-06-2020, 03:19 AM

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#341

Serenadium
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Never a dull day in crypto. Looks like SBF just saved Sushi after Nomi Chef handed over keys to the remaining dev fund.

1. SBF has pledged air drop of 5m of sushi (worth ~$13m right now) to token holders
2. The AMM will interact with the CLOB based Serum DEX. The project is now no longer a pure fork, it has a differentiator over uniswap (Solana scalability).

Game is well and truly back on.

09-06-2020, 05:01 AM

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#342

wave_length
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Originally Posted By Rajc⏩

kinda hungry right now guys fuarkk what am i gonna do now

How to lose fat for Noobs: http://forum.obnoxiousbrutes.com/showthread.php?t=129247741

09-06-2020, 08:59 AM

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#343

johnnyboi123
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XRP $2k EOY

09-06-2020, 02:44 PM

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#344

W1LLW
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Originally Posted By johnnyboi123⏩

XRP $2k EOY

I'm the resident XRP shill and gotta say, this is pretty retarded. Appreciate your optimism though. $5 would be dope.

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09-06-2020, 03:02 PM

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#345

ghostfacedup
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We going down to 9k?

09-06-2020, 03:03 PM

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#346

johnnyboi123
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Originally Posted By W1LLW⏩

I'm the resident XRP shill and gotta say, this is pretty retarded. Appreciate your optimism though. $5 would be dope.

>He doesn't know

shhhhhhhhhh

09-06-2020, 08:26 PM

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#347

10.lber
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Originally Posted By johnnyboi123⏩

XRP $2k EOY

Just out of curiosity, what makes you come to that conclusion?

09-06-2020, 09:00 PM

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#348

2020Wellness
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Originally Posted By 10.lber⏩

Just out of curiosity, what makes you come to that conclusion?

I’d say he’s trolling.

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09-07-2020, 12:14 AM

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#349

BDSMBBW
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Originally Posted By BDSMBBW⏩

If 10k breaks on daily that'd be my exit signal, But btc is pretty ruthless when it comes to breaking S/R levels, gives little time to exit like we saw on that dump from 11k!

10k is so cloose to breaking!

09-07-2020, 12:40 AM

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#350

ghostfacedup
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Alta looking bad compared to btc

09-07-2020, 12:53 AM

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#351

johnnyboi123
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Originally Posted By 10.lber⏩

Just out of curiosity, what makes you come to that conclusion?

>Brian Brooks (US Comptroller of the Currency, former Coinbase Chief Legal Officer) on crypto
https://www.youtube.com/watch?v=EzcLn6H-VtI[Embed] [Embed] [Embed]

>Luciferians/NWO in XRP and XLM
https://warosu.org/biz/last50/19277083
https://i2.wp.com/www.thedigitalcryp...80%2C360&ssl=1

09-07-2020, 01:03 AM

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#352

BDSMBBW
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the newer alts and DeFi scams have moved better than the old ones. I don't think some of the old alts are likely to see their ath's anytime soon!

the yfi scam pumped similarly to LINK, only difference being LINK took like 3 years, and yfi did it in like 2 weeks.

09-07-2020, 01:59 AM

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#353

Serenadium
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Upped my farming game today:

1. Re-farming REN/ETH sushi pool - 400% apy.
2. YETH YFI vault - 45% apy.
3. REN/YFV balancer pool - 550% apy.

I'm also about to ape into swerve:

1. Lend YFI on Aave
2. Get interest accruing aYFI
3. Collateralize aYFI to borrow USDC (I'm going to go for a collateratzation ratio of at least 3).
4. Deposit USDC on swerve
5. Get swUSD
6. deposit swUSD in DAO

alternatively at step 4, i can degen into harvest.finance which has integrated swerve rewards so i get my normal swerve tokens + harvest yield (200% harvest + 400% swerve).

Swerve is currently 400%.

I can't believe this chit. I'm degening with a portion of my stack and I am making more than my day job lmfao.

09-07-2020, 05:02 AM

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#354

PimpMasterC
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Originally Posted By Serenadium⏩

Upped my farming game today:

1. Re-farming REN/ETH sushi pool - 400% apy.
2. YETH YFI vault - 45% apy.
3. REN/YFV balancer pool - 550% apy.

I'm also about to ape into swerve:

1. Lend YFI on Aave
2. Get interest accruing aYFI
3. Collateralize aYFI to borrow USDC (I'm going to go for a collateratzation ratio of at least 3).
4. Deposit USDC on swerve
5. Get swUSD
6. deposit swUSD in DAO

alternatively at step 4, i can degen into harvest.finance which has integrated swerve rewards so i get my normal swerve tokens + harvest yield (200% harvest + 400% swerve).

Swerve is currently 400%.

I can't believe this chit. I'm degening with a portion of my stack and I am making more than my day job lmfao.

Enjoy it while it lasts. It could all be over in the blink of a second. I haven´t looked into these new defi projects, but the foundations look whimsy. Amazing how a new economy can be created out of useless tokens lol. Swerve went down 90% in 2 days = chitcoin confirmed = unethical to support

That being said, you´re strategy looks interesting. That being said, I dont see any real added value coming from these projects. It´s just about who can dump on who, like most of crypto is. No real value being added to the real world.

You have shilled scams that have crashed in price, I hope no one listened to you.

As for the overall market, looks like the usual summer pump is over. There was a crash around this time after the last halvening as well. Some people are saying the DEFI/yield farming hype cycle is coming to an end.

09-07-2020, 05:42 AM

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#355

2020Wellness
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So who’s all buying ETH when it hits $270?

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09-07-2020, 07:19 AM

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#356

PimpMasterC
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Max cap + coins being lost forever = 100% probability of system failure.

Bitcoin as we know it has 0 chance at survival if we look at the big picture. That more people haven´t figured this out yet, blows my mind.

I have debated people on every forum about this, and no one can refute this simple truth. Maybe my fud alone is the reason the price is crashing. All you need is a simple equation to expose bitcoin.