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Forum » MISC Crypto Crew (MCC) Vol 8: Running a Tron on Linda
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Thread: MISC Crypto Crew (MCC) Vol 8: Running a Tron on Linda

post 1540782711 01-16-2018, 01:34 AM
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#7261
  1. Enragingboner
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  1. Enragingboner
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All I can do is watch and visualize my future self a year from now traveling in Thailand because of my newly amassed wealth.
post 1540782751 01-16-2018, 01:36 AM
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#7262
  1. manjay
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  1. manjay
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CMON BTC SUPPORT, I believe
post 1540782771 01-16-2018, 01:36 AM
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#7263
  1. Autumnal
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  1. Autumnal
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Well I sold all my alts off a bit late there, but gonna rebuy at a lower price now I believe.

Wish I had some fiat fuark
post 1540782891 01-16-2018, 01:39 AM
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#7264
  1. iHateDeadlifts
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  1. iHateDeadlifts
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can someone explain why everything is going red? Literally I put $200 (broke college kid) in mid December on Ripple, Raiblock & Cardano all had almost doubled in price in early January. Now everything is a mess 2 weeks later.


if Raiblocks goes any lower, I will be holding bags for all. I still ain't selling tho. Hodl gang we ouchea




is it china? korea? Bitcoin looks low in the ~12k range which I haven't seen in forever. I barely started reading on Crypto last early December so I want to not make any mistakes
post 1540782991 01-16-2018, 01:41 AM
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#7265
  1. thebrainiac
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  1. thebrainiac
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Originally Posted By Contribution05⏩
Copied from elsewhere.

"Asia still dominates in crypto-trading by volume, accounting for the vast majority of money flowing in and out. Guess what is coming up in 3 weeks? Lunar New Year. Lots of money is flowing back to fiat to buy presents and plane/train tickets.
People spend a TON of money on travel and presents during Lunar New Year. This is their Christmas. This is also the largest mass migration of people on the planet, occurring over two weeks. Projections are for $100 billion USD in spending. []https://www.forbes.com/sites/ywang/2...#3a6d5502999a]
Remember that the crypto market is antithetical to the stock market. Stocks boom when business is booming during the holidays. Crypto investors are retail investors, not Wall Street investors. Retail investors sell during holidays, thus the crypto market falls.
This selloff has happened exactly 3 weeks before Lunar New Year each of the last 4 years.
Evidence:https://i.imgur.com/xKFssKT.jpg
So, everybody chill out for a week, the bulls will be back by February. You can't fault these Chinese and Korean bros for taking major gains to buy some cool **** for their families. Hell, if you want to, buy up their cheap coins in the meantime."
But boy do I love watching the panic LOL


I sincerely advise some of you to step away from the screen for awhile.
post 1540783021 01-16-2018, 01:42 AM
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#7266
  1. Schnitzl
  2. calf of peace
  1. Schnitzl
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I went balls deep on KCS, at least it'll hold some value as well as bring daily coins.

edit: are we saying that this is not even its final form because 23rd is still coming(chinese new year dip)?

my fiat is locked and loaded for the inevitable moon mission.
post 1540783051 01-16-2018, 01:42 AM
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#7267
  1. manjay
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  1. manjay
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BTC is testing ~11.6k for a fourth time since the ATH decline. If it breaks low we're fked.
post 1540783221 01-16-2018, 01:47 AM
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#7268
  1. Autumnal
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  1. Autumnal
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Aight we good. Managed to grow my stack like 5-10% there. Sold off my VEN a bit too late but didn't eat much of a loss buying it back. Got a nice deal on KCS and XRB. That was a risky move but paid off.

edit: damn, KCS dipped more. oh well, can't time things perfectly
post 1540783231 01-16-2018, 01:47 AM
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#7269
  1. MongoloidMike
  2. Banned
  1. MongoloidMike
  2. Banned
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I sent my Binance identification info in a week ago but I'm still not verified.
I assume I can't withdraw or change to fiat even if i wanted to... lel?
post 1540783371 01-16-2018, 01:50 AM
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#7270
  1. manjay
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  1. manjay
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I think we live to fight another day, strong support round 11.6k
post 1540783391 01-16-2018, 01:51 AM
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#7271
  1. propreffered7
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  1. propreffered7
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Originally Posted By Contribution05⏩
Copied from elsewhere.

"Asia still dominates in crypto-trading by volume, accounting for the vast majority of money flowing in and out. Guess what is coming up in 3 weeks? Lunar New Year. Lots of money is flowing back to fiat to buy presents and plane/train tickets.
People spend a TON of money on travel and presents during Lunar New Year. This is their Christmas. This is also the largest mass migration of people on the planet, occurring over two weeks. Projections are for $100 billion USD in spending. []https://www.forbes.com/sites/ywang/2...#3a6d5502999a]
Remember that the crypto market is antithetical to the stock market. Stocks boom when business is booming during the holidays. Crypto investors are retail investors, not Wall Street investors. Retail investors sell during holidays, thus the crypto market falls.
This selloff has happened exactly 3 weeks before Lunar New Year each of the last 4 years.
Evidence:https://i.imgur.com/xKFssKT.jpg
So, everybody chill out for a week, the bulls will be back by February. You can't fault these Chinese and Korean bros for taking major gains to buy some cool **** for their families. Hell, if you want to, buy up their cheap coins in the meantime."
Yea but pretty sure btc didnt make a run from 2k to 20k based on forks. I think the support below 10 is horrible because we flew past it during the forks

Maybe around 10 is decent..but definitely not from 8-10

If that happens i think should get wreckeddd
post 1540783411 01-16-2018, 01:52 AM
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#7272
  1. Autumnal
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  1. Autumnal
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The Chinese Lunar New Year thing is some complete cope. **** did not just drop 10-20% in minutes because everyone suddenly decided to withdraw money to buy presents for their family lamo. Dips happen. That was a pretty bad one, some weak hands just got slaughtered but we've already bounced back up to 12,400 BTC for now.
post 1540783421 01-16-2018, 01:52 AM
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#7273
  1. Contribution05
  2. Registered User
  1. Contribution05
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Originally Posted By Schnitzl⏩
I went balls deep on KCS, at least it'll hold some value as well as bring daily coins.

edit: are we saying that this is not even its final form because 23rd is still coming(chinese new year dip)?

my fiat is locked and loaded for the inevitable moon mission.
There was a dip before Christmas, and now there's a dip before Asian Christmas. Hard to know where the floor is, but I think most people expect a rebound come end of Jan/early Feb.
Originally Posted By Autumnal⏩
The Chinese Lunar New Year thing is some complete cope. **** did not just drop 10-20% in minutes because everyone suddenly decided to withdraw money to buy presents for their family lamo. Dips happen. That was a pretty bad one, some weak hands just got slaughtered but we've already bounced back up to 12,400 BTC for now.
Why would it be cope? How many people look for patterns? If you have millions of people selling before their holiday, and you also have people who expect a sell off selling in anticipation of the holiday, then why wouldn't you expect a huge drop?
post 1540783431 01-16-2018, 01:52 AM
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#7274
  1. OldGamesBetter
  2. Jacked Manlet
  1. OldGamesBetter
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Stay strong BTC
Chemist/Computer Science crew
Meditation crew
Dark chocolate crew
post 1540783641 01-16-2018, 01:57 AM
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#7275
  1. Autumnal
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  1. Autumnal
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Originally Posted By Contribution05⏩
Why would it be cope? How many people look for patterns? If you have millions of people selling before their holiday, and you also have people who expect a sell off selling in anticipation of the holiday, then why wouldn't you expect a huge drop?
It would explain the slow bleed over the day, not why the market just crashed like 50 billion in minutes. People did not just withdraw 50+ billion simultaneously to buy little Lee Choo Chen a teddy bear for Chinese Christmas
post 1540783661 01-16-2018, 01:58 AM
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#7276
  1. MuckSnapper
  2. Bearded Princess
  1. MuckSnapper
  2. Bearded Princess
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Originally Posted By Autumnal⏩
It would explain the slow bleed over the day, not why the market just crashed like 50 billion in minutes. People did not just withdraw 50+ billion simultaneously to buy little Lee Choo Chen a teddy bear for Chinese Christmas
^^^^
There is no thing without nothing.

_____________________________________


MCC TAutist dicord: https://discord.gg/nX2fBRu
post 1540783791 01-16-2018, 02:00 AM
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#7277
  1. manjay
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  1. manjay
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This was all calculated off trade bots, everything on BTC was heading onto oversold territory. We're not out of the woods but if price trends upwards over next 3 hours I think we'll get another week long BTC rally.
post 1540783821 01-16-2018, 02:02 AM
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#7278
  1. Contribution05
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  1. Contribution05
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Originally Posted By Autumnal⏩
It would explain the slow bleed over the day, not why the market just crashed like 50 billion in minutes. People did not just withdraw 50+ billion simultaneously to buy little Lee Choo Chen a teddy bear for Chinese Christmas
No, but if you have whales anticipating a slow bleed, because 4 years in a row prior it dropped around this time, then would it not be very plausible that they are pulling their money out now causing massive sells in anticipation of the holiday?

I sold before Christmas expecting this, didn't know jack about Chinese Christmas though...I know I'm marking my calendar for next year.
post 1540784021 01-16-2018, 02:06 AM
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#7279
  1. Tornach
  2. OG @ Castle Grayskull
  1. Tornach
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Everything is on discount...

Of course most miscers chase the pumps and sell low
Everytime
The same happened with the China news
Rustling NPCs' jimmies without even trying crew

"I've watched a lot of movies, I know what I'm doing."

"The Best Revenge is Massive Success"

Not going to be a Darkseeker crew.


RIP Duckenheimer
RIP SemperFudge
post 1540784181 01-16-2018, 02:11 AM
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#7280
  1. Awhat
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  1. Awhat
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what’s everyone buying up during the bloodbath?
post 1540784221 01-16-2018, 02:12 AM
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#7281
  1. xE46M3x
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  1. xE46M3x
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Just sold all my alts and repurchased.
post 1540784291 01-16-2018, 02:14 AM
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#7282
  1. goonsondeck
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  1. goonsondeck
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i remember last week we were literally throwing a dart at anything and seeing returns

crypto u wild
post 1540784301 01-16-2018, 02:14 AM
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#7283
  1. Autumnal
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  1. Autumnal
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Originally Posted By Contribution05⏩
No, but if you have whales anticipating a slow bleed, because 4 years in a row prior it dropped around this time, then would it not be very plausible that they are pulling their money out now causing massive sells in anticipation of the holiday?

I sold before Christmas expecting this, didn't know jack about Chinese Christmas though...I know I'm marking my calendar for next year.
Just saw the evidence, didn't bother reading the whole thing. Maybe it is the reason then. Would have to look at the charts around those times to actually see (maybe **** went up and down 30% all the time back then and those specific data points mean nothing---do we really think 3 or 4 years ago the random Chinese nerds hodling bitcoin pulled out their money? There is much more money to be made this year for it to be worth them pulling out, rather than them withdrawing it during a bear market). Honestly don't care enough to look into it so I'll concede the point. I hope the prices remain relatively low until I get paid Friday, get dat dere Christmas and New Years pay.
Originally Posted By Awhat⏩
what’s everyone buying up during the bloodbath?
Sold my XRB/VEN/KCS for more XRB/VEN/KCS. Unfortunately KCS has dipped even more but oh well. Looks like everything is going for a round 2 but I don't think I'm going to try to time this one. I've done enough trading tonight, I'll just sit back and see what happens and maybe make a few small flips. There's a 70 BTC buy wall on KCS so I doubt that's going down much more.
post 1540784321 01-16-2018, 02:14 AM
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#7284
  1. Ares232
  2. 10/10 Facial Aesthetics
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Originally Posted By Tornach⏩
Everything is on discount...

Of course most miscers chase the pumps and sell low
Everytime
The same happened with the China news
gotdamn IOTA, XLM, Dash, OMG, Zcash, BAT are all on my list most guarenteed to give you a huge return in a short period once market recovers cant see ETH or BTC, and NEO (not so far away from ATH) even giving you bigger returns short term

can even see BCH doing a proper return at these levels sub 2k and it was hovering at 2.4k-2.5k thats an easy $500+- return per coin holding
post 1540784391 01-16-2018, 02:16 AM
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#7285
  1. AmIGoodNuff
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Who is the bastard that is leading a selloff revolt? This is ridiculous.
B:300 S:405 D:485

2/5/17: The Crowning of King Brady.

"I have embraced my Autism. I am a proud Autist. I believe it endows me with special powers that are incomprehensible to pathetic normies like you. I would gladly sacrifice any chance at a normal life to benefit from the GIFT that is AUTISM."-Ausaric
post 1540784631 01-16-2018, 02:22 AM
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#7286
  1. Autumnal
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  1. Autumnal
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Watching people actually sell off into this 65 BTC sell wall on KCS. Already down 8 BTC. Wtf are these panic sellers thinking? I would be shocked if they actually broke that lamo

edit: someone just sold 20k into it lamo. It is falling. what the fck? How retarded is this market?
post 1540784741 01-16-2018, 02:25 AM
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#7287
  1. OldGamesBetter
  2. Jacked Manlet
  1. OldGamesBetter
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Certain countries should be banned from crypto
Chemist/Computer Science crew
Meditation crew
Dark chocolate crew
post 1540784821 01-16-2018, 02:28 AM
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#7288
  1. HessyB1
  2. too old for this chit
  1. HessyB1
  2. too old for this chit
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Me watching the market right now

***MISC Crypto Crew***
***hopefully gonna break even by xmas crew***
post 1540784851 01-16-2018, 02:29 AM
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#7289
  1. coolflow
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same **** different day


getting old boys
post 1540785031 01-16-2018, 02:35 AM
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#7290
  1. NinjaNoir
  2. BJJcrewA$$
  1. NinjaNoir
  2. BJJcrewA$$
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Quantstamp at 33 cents. shop till you drop
Arsenal F.C.
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