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MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
07-28-2021, 01:04 PM
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#5941
07-28-2021, 01:04 PM
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#5942
- entropy91
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- entropy91
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Originally Posted By Trapstar4.4⏩
BrutalThey squeezed out the little guys man. Over the past 5 weeks of this massacre the top btc holders bought $1.5 billion more btc.
This was always going to happen though so I'm not upset. I was just hopeful that we would hold on to more of regular folks who ride btc to the moon. They'll be back ..after btc goes parabolic . Rinse repeat
This was always going to happen though so I'm not upset. I was just hopeful that we would hold on to more of regular folks who ride btc to the moon. They'll be back ..after btc goes parabolic . Rinse repeat
True OGs bought the dip
07-28-2021, 01:18 PM
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#5943
- Horse86
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- Horse86
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2 buys at 30k, buys at 1750 and 2000....no complaints
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07-28-2021, 01:31 PM
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#5944
Originally Posted By entropy91⏩
True OGs bought the dip
Lol
Tru bought the dip and sold it multiple times.
Fake held at 65K instead of taking profits, maybe bought more at 30K and now they think they are golden lol.
I'm sure you will be crying again shortly.
Lol.
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07-28-2021, 01:46 PM
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#5945
- Trapstar4.4
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Originally Posted By ghostfacedup⏩
It's not a totally bad if you're tracking the market waiting for some sort of reversal. It's those who throw their hands up, slap another death date on btc, and run off off into the sunset. Then later come back when cnbc proclaims that btc is the next best thing. Lawd JesusI have to admit even I sold some. It's a brutal market where the really smart people know how valuable this asset could be, and they are willing to screw over everyone else to build their stash.
This is going to be interesting because we have this decent new trend with ETH hype on the way (8/4 release I believe).
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07-28-2021, 03:18 PM
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#5946
- entropy91
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- entropy91
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Originally Posted By Abzu⏩
Lol
Tru bought the dip and sold it multiple times.
Fake held at 65K instead of taking profits, maybe bought more at 30K and now they think they are golden lol.
I'm sure you will be crying again shortly.
Lol.
Lol
Tru bought the dip and sold it multiple times.
Fake held at 65K instead of taking profits, maybe bought more at 30K and now they think they are golden lol.
I'm sure you will be crying again shortly.
Lol.
07-28-2021, 03:22 PM
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#5947
- ghostfacedup
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- ghostfacedup
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Originally Posted By Trapstar4.4⏩
I've thought about buying more ETH but I just can't. The community is so corny.It's not a totally bad if you're tracking the market waiting for some sort of reversal. It's those who throw their hands up, slap another death date on btc, and run off off into the sunset. Then later come back when cnbc proclaims that btc is the next best thing. Lawd Jesus
This is going to be interesting because we have this decent new trend with ETH hype on the way (8/4 release I believe).
This is going to be interesting because we have this decent new trend with ETH hype on the way (8/4 release I believe).
07-28-2021, 07:58 PM
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#5948
07-29-2021, 06:08 AM
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#5949
Any thoughts on why FTX's Open interest data looks different to other exchanges open interest?
FTX perps is the only contract which has seen massive increase in open interest while all other exchange perps have not really moved that much.
FTX perps is the only contract which has seen massive increase in open interest while all other exchange perps have not really moved that much.
07-29-2021, 07:32 AM
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#5950
- W1LLW
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Originally Posted By ghostfacedup⏩
Community is super corny if you over saturate yourself in the youtubes, discords, etc. Find the 2 or 3 projects that you truly believe in and LIVE them rain or shine. If there's one thing crypto has taught me since i bought my first ETH for $30 on Coinbase, is that all agenuineproject with utility needs is time.I've thought about buying more ETH but I just can't. The community is so corny.
People would kill to buy ETH for $300 now, and it was just at that price this time a year ago. Remember when NEMbrah was shilling back in 2016 or so? It was 0.005, and peaked as high as 0.70 this year. That's turning 1k into 140k by doing nothing other than holding. QNT brah did the same thing, i started buying in when they spread to more reputable exchanges. And now i'm collecting CRO hand over fist just living day to day with their debit card returns and reinvesting it into Earn. It's going to come out to huge returns when CRO inevitably moves to $1+
Find you a project with utility and just forever accumulate. You'll be golden.
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07-29-2021, 09:45 PM
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#5951
Decided to make some defi moves after a couple months on the sidelines....****ing gas prices are still ridiculous. I was expecting it to be a fraction of what it had been in Q1 this year. EIP 1559 better fix this bs. And I'm speaking as a miner too. Can't take defi seriously with gas prices like these. It makes old guard entities like wire transfers and credit card companies seem efficient.
07-29-2021, 09:52 PM
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#5952
- W1LLW
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Originally Posted By Mogambo⏩
Just lol if you aren’t enjoying the privilege of paying $80 to $250 to move money.Decided to make some defi moves after a couple months on the sidelines....****ing gas prices are still ridiculous. I was expecting it to be a fraction of what it had been in Q1 this year. EIP 1559 better fix this bs. And I'm speaking as a miner too. Can't take defi seriously with gas prices like these. It makes old guard entities like wire transfers and credit card companies seem efficient.
I can’t wait till 2025 and we look back at all the degeneracy we’ve been partaking in.
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07-29-2021, 09:54 PM
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#5953
07-30-2021, 01:26 AM
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#5954
- StevieSparkZ
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- StevieSparkZ
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Originally Posted By W1LLW⏩
Agreed 100% with you.Community is super corny if you over saturate yourself in the youtubes, discords, etc. Find the 2 or 3 projects that you truly believe in and LIVE them rain or shine. If there's one thing crypto has taught me since i bought my first ETH for $30 on Coinbase, is that all agenuineproject with utility needs is time.
People would kill to buy ETH for $300 now, and it was just at that price this time a year ago. Remember when NEMbrah was shilling back in 2016 or so? It was 0.005, and peaked as high as 0.70 this year. That's turning 1k into 140k by doing nothing other than holding. QNT brah did the same thing, i started buying in when they spread to more reputable exchanges. And now i'm collecting CRO hand over fist just living day to day with their debit card returns and reinvesting it into Earn. It's going to come out to huge returns when CRO inevitably moves to $1+
Find you a project with utility and just forever accumulate. You'll be golden.
People would kill to buy ETH for $300 now, and it was just at that price this time a year ago. Remember when NEMbrah was shilling back in 2016 or so? It was 0.005, and peaked as high as 0.70 this year. That's turning 1k into 140k by doing nothing other than holding. QNT brah did the same thing, i started buying in when they spread to more reputable exchanges. And now i'm collecting CRO hand over fist just living day to day with their debit card returns and reinvesting it into Earn. It's going to come out to huge returns when CRO inevitably moves to $1+
Find you a project with utility and just forever accumulate. You'll be golden.
Just buying and holding would've been so much better for many.
The best performing portfolios were those that were deceased and could not access said portfolios.
Using the Crypto.com card for all purchases and just letting the CRO stack up since I am still a wage cuck.
A small loan of 1 bitcoin........
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07-30-2021, 07:26 AM
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#5955
- dankydank
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- dankydank
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Binance banning futures and derivatives in all of Europe. If this keeps up it will only be the name that keeps them up. Whoever can make the shadiest company that lets US users and Europe trade on leverage illegally will take a huge market share
07-30-2021, 08:19 AM
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#5956
- entropy91
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- entropy91
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Originally Posted By dankydank⏩
Binance is completely done. The only way they can compete now is to lower fees enough to get people to stay / switch over. Zero value innovation outside of that aspect.Binance banning futures and derivatives in all of Europe. If this keeps up it will only be the name that keeps them up. Whoever can make the shadiest company that lets US users and Europe trade on leverage illegally will take a huge market share
07-30-2021, 09:16 AM
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#5957
- Jms89
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- Jms89
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I bought more ETH at 1750. Thankfully i was up late during that dip and caught it a few weeks ago. That being said, Algo and Cardano seem so much better overall. ETH fees are just fuking outrageous. Hope 1559 helps with that. Algo is so smooth and quick. Plus their wallet staking is so easy. Not sure how governance will shake out for ALGO though.
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07-30-2021, 10:47 AM
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#5958
- W1LLW
- Enlightened Miscer
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- W1LLW
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Originally Posted By dankydank⏩
Binance banning futures and derivatives in all of Europe. If this keeps up it will only be the name that keeps them up. Whoever can make the shadiest company that lets US users and Europe trade on leverage illegally will take a huge market share
Originally Posted By entropy91⏩
I feel like the only person in the world who wasn't participating in leveraged crypto trading. The only "shady" part of binance i used were simply accessing the alt coins that weren't available to binance.us like xrp, reef, and some others. Surely i wasn't the only one? I think Binance will be fine.Binance is completely done. The only way they can compete now is to lower fees enough to get people to stay / switch over. Zero value innovation outside of that aspect.
That said, it's yet another reason i'm bullish on crypto.com, been following the letter of the law from day one. They don't even have a US Exchange at the moment because they're making sure all the i's are dotted and t's crossed. Releasing a US exchange alone might be enough to send CRO to $1.
Originally Posted By Jms89⏩
There were a couple projects that had insane pumps from the dip namely VET, Algo, and QNT.I bought more ETH at 1750. Thankfully i was up late during that dip and caught it a few weeks ago. That being said, Algo and Cardano seem so much better overall. ETH fees are just fuking outrageous. Hope 1559 helps with that. Algo is so smooth and quick. Plus their wallet staking is so easy. Not sure how governance will shake out for ALGO though.
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07-30-2021, 12:58 PM
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#5959
CZ got waaay too over confident about being able to keep the regulatory arbitrage scheme going. Heard a story about Binance offering token versions of stocks in companies. Binance was flouting their flouting.
07-30-2021, 12:59 PM
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#5960
Originally Posted By Jms89⏩
Cardano hasn't done a damn thing with their project. No meaningful product. For years. just like Tezos.I bought more ETH at 1750. Thankfully i was up late during that dip and caught it a few weeks ago. That being said, Algo and Cardano seem so much better overall. ETH fees are just fuking outrageous. Hope 1559 helps with that. Algo is so smooth and quick. Plus their wallet staking is so easy. Not sure how governance will shake out for ALGO though.
07-30-2021, 01:03 PM
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#5961
07-30-2021, 03:33 PM
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#5962
- entropy91
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- entropy91
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Originally Posted By W1LLW⏩
That's the thing Binance US has a ****ty selection. Why would I use them over something like Voyager or even cuckbase? Their marketshare is getting rugged and it's actually quite fitting given the nature of BSC scams.I feel like the only person in the world who wasn't participating in leveraged crypto trading. The only "shady" part of binance i used were simply accessing the alt coins that weren't available to binance.us like xrp, reef, and some others. Surely i wasn't the only one? I think Binance will be fine.
That said, it's yet another reason i'm bullish on crypto.com, been following the letter of the law from day one. They don't even have a US Exchange at the moment because they're making sure all the i's are dotted and t's crossed. Releasing a US exchange alone might be enough to send CRO to $1.
There were a couple projects that had insane pumps from the dip namely VET, Algo, and QNT.
That said, it's yet another reason i'm bullish on crypto.com, been following the letter of the law from day one. They don't even have a US Exchange at the moment because they're making sure all the i's are dotted and t's crossed. Releasing a US exchange alone might be enough to send CRO to $1.
There were a couple projects that had insane pumps from the dip namely VET, Algo, and QNT.
07-30-2021, 03:34 PM
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#5963
07-30-2021, 03:48 PM
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#5964
- ghostfacedup
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- ghostfacedup
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Originally Posted By entropy91⏩
If the US is really going to lock down again and give people more free money, we really have seen NOTHING yet.Imagine selling early and watching this kind of price action.
Absolutely brutal.
Absolutely brutal.
07-30-2021, 05:36 PM
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#5965
- MiamiLife305
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- MiamiLife305
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could this finally be it?
are we finally going to the promised land?
are we finally going to the promised land?
Future P.A in progress
We're all gonna make it
sleep tight pupper
07-30-2021, 05:55 PM
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#5966
- ghostfacedup
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- ghostfacedup
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Originally Posted By MiamiLife305⏩
IMO, we need to retest some of the previous levels for this to be healthy...........but bitcoin is gonna bitcoin.could this finally be it?
are we finally going to the promised land?
are we finally going to the promised land?
07-30-2021, 07:11 PM
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#5967
- entropy91
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- entropy91
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Originally Posted By ghostfacedup⏩
Lol I'm stocking up on more essentials and ammoIf the US is really going to lock down again and give people more free money, we really have seen NOTHING yet.
07-30-2021, 08:21 PM
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#5968
07-30-2021, 10:57 PM
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#5969
- dankydank
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- dankydank
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This is the fakest pump ever. It’s been all big whales pushing the price up. Almost no retail is buying. Daily RSI at 73. Everytime it’s gotten to that level outside of December to January it’s dumped 30-40%.
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