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

post 1626664953 12-26-2020, 03:52 PM
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#2131
  1. manjay
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Originally Posted By Luc1fer⏩
When I initially invested in mid-2017 it was ETH and other alts. In late 2017, I decided to invest in BTC since I noticed a correlation, and wanted to mitigate the risk of BTC dominance.

Turns out to be true so far. My Sats are down 66% since then. Really glad I did buy some BTC. The tide could swing, but I'm covered regardless.

Who remembers the time BCH was supposedly primed to overtake BTC? And that Roger Ver guy was in the spotlight.
I still remember one time in 2017/2018 waiting in the parking lot of KFC for food, watching as BCH went within millions of overtaking BTC on mcap from crazy korean volumes. Then said exchanges crashed, and it wasn't to be... I still think that is where ver and jihan/bitmain orchestrated a push to supplant BTC as the 'true bitcoin' via mcap domination. Who knows what the markets might look like if it had been pulled off.. later on I do remember seeing Bitmain's financials when they were going to IPO, and it showed they sold a **** load of BTC for BCH that ended up losing them millions.
post 1626666423 12-26-2020, 04:08 PM
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#2132
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LTC $300 when
Future P.A in progress
We're all gonna make it

sleep tight pupper
post 1626666653 12-26-2020, 04:10 PM
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#2133
  1. Luc1fer
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Originally Posted By manjay⏩
I still remember one time in 2017/2018 waiting in the parking lot of KFC for food, watching as BCH went within millions of overtaking BTC on mcap from crazy korean volumes. Then said exchanges crashed, and it wasn't to be... I still think that is where ver and jihan/bitmain orchestrated a push to supplant BTC as the 'true bitcoin' via mcap domination. Who knows what the markets might look like if it had been pulled off.. later on I do remember seeing Bitmain's financials when they were going to IPO, and it showed they sold a **** load of BTC for BCH that ended up losing them millions.
I was so tempted to buy some BCH as a hedge back then, but I couldnโ€™t bring myself to support the BCH debacle.

Taught me some lessons through, as did the insane XRP bull run in late 2017. Anything can happen in crypto and โ€œintrinsic valueโ€ means absolute jack **** in this crazy world.
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

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post 1626667023 12-26-2020, 04:14 PM
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#2134
  1. DavidL913
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Originally Posted By Luc1fer⏩
I was so tempted to buy some BCH as a hedge back then, but I couldnโ€™t bring myself to support the BCH debacle.

Taught me some lessons through, as did the insane XRP bull run in late 2017. Anything can happen in crypto and โ€œintrinsic valueโ€ means absolute jack **** in this crazy world.
BCH?

might as well buy tezos lmao
***Los Angeles MISC Crew***

***Misc Crypto Crew***
post 1626667693 12-26-2020, 04:23 PM
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#2135
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XRP shills are saying this is all coordinated price suppression and price is going to explode and leave everything in the dust....... Crypto is quite an environment. I would buy some more but the SEC case is utterly damning.
post 1626668613 12-26-2020, 04:33 PM
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#2136
  1. isingmodel
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fukken lmao @ total market cap approaching ATH and most alts still being 90%+ down

just lmao
Misc Crypto Crew
BTC to $200k
post 1626668773 12-26-2020, 04:35 PM
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#2137
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Originally Posted By ghostfacedup⏩
XRP shills are saying this is all coordinated price suppression and price is going to explode and leave everything in the dust....... Crypto is quite an environment. I would buy some more but the SEC case is utterly damning.
Though this is a hefty lawsuit, it's entirely possible that they're right. EOS got dicked by the SEC for their $4 billion raise and ended up having to fork out a pathetic $24 million.

But I definitely wouldn't bet any actual money on it. There are lots of coins out there.
Misc Crypto Crew
BTC to $200k
post 1626670403 12-26-2020, 04:56 PM
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#2138
  1. Gorillajewshead
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Originally Posted By ghostfacedup⏩
XRP shills are saying this is all coordinated price suppression and price is going to explode and leave everything in the dust....... Crypto is quite an environment. I would buy some more but the SEC case is utterly damning.
I wouldn't touch xrp till the lawsuit is cleared up. Sucks I had close to 40k coins, was ready for this bull run, but there are some crazy xrp moon boys in crypto
post 1626670913 12-26-2020, 05:01 PM
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#2139
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Originally Posted By Gorillajewshead⏩
I wouldn't touch xrp till the lawsuit is cleared up. Sucks I had close to 40k coins, was ready for this bull run, but there are some crazy xrp moon boys in crypto
It makes me bullish when I hear about retail investors pulling out of XRP for the next 6months +

The absolute FEAR in Ripple community made me wanna add to my position tbh.

What happens to XRP price may be completely counterintuitive. Imagine the whales decide to shoot it back up to .70? Retail investors will jump back in and forget all about the lawsuit.
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

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post 1626671143 12-26-2020, 05:03 PM
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#2140
  1. lowstrife
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Originally Posted By manjay⏩
I still remember one time in 2017/2018 waiting in the parking lot of KFC for food, watching as BCH went within millions of overtaking BTC on mcap from crazy korean volumes. Then said exchanges crashed, and it wasn't to be... I still think that is where ver and jihan/bitmain orchestrated a push to supplant BTC as the 'true bitcoin' via mcap domination. Who knows what the markets might look like if it had been pulled off.. later on I do remember seeing Bitmain's financials when they were going to IPO, and it showed they sold a **** load of BTC for BCH that ended up losing them millions.
Billions*

They went all-in on BCH and other coins for not just mining but on their balance sheet too. They were buying coins at it's peak instead of offloading assets to USD. Pretty insane moves on their part.
post 1626673773 12-26-2020, 05:32 PM
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#2141
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I was hoping for more steady gains and now that we're straight mooning in uncharted territory I have no idea wtf is going on.
post 1626673823 12-26-2020, 05:33 PM
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#2142
  1. Serenadium
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Originally Posted By wave_length⏩
We all knew he'd be back. Good to have him here, keeps the clueless enthusiasts in check.
Not if it is repeated tired debunked low IQ takes all day long.

If Hasu/Antonopolous wants to come on here and debate MEV/fungibility, then sure, I would be ready to dump my entire stack on the points made.

I also don't see the point regarding keeping enthusiasm in 'check'. Enthusiasm or pessimism is warranted on merit, it is not something that needs to be 'checked' unless sound arguments suggest otherwise (not the ones made by someone that should be institutionalised).
post 1626673943 12-26-2020, 05:34 PM
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#2143
  1. eternalone423
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Originally Posted By isingmodel⏩
fukken lmao @ total market cap approaching ATH and most alts still being 90%+ down

just lmao
Pretty ridiculous but patience must be had with crypto, if we have learned anything.
โ˜ผ "Don't stop. Never quit. No excuses." โ˜ผ
PAD ID: Lux@BB/PF 359,050,270

Motorcycle crew
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Cryptocurrency crew
post 1626674223 12-26-2020, 05:37 PM
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#2144
  1. johnnyboi123
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Funny thing is if this SEC ordeal ends up being cleared in court, it's going to turn into a super catalyst for XRP potentially. Time will tell.
post 1626676953 12-26-2020, 06:13 PM
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#2145
  1. HMFIC_BROWSIN
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Originally Posted By JuicedMayhem⏩
BTC smashing through $25,300 right now. Things could get interesting from here.
Originally Posted By eternalone423⏩
26k here we come
Now $27.....?

I don't even.
post 1626677433 12-26-2020, 06:17 PM
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#2146
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I'm waiting for that 30% correction but no idea where it is going to come or if we're now in the McAfee paradigm where corrections are mathematically impossible
Misc Crypto Crew
BTC to $200k
post 1626677713 12-26-2020, 06:20 PM
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#2147
  1. HMFIC_BROWSIN
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Originally Posted By isingmodel⏩
I'm waiting for that 30% correction but no idea where it is going to come or if we're now in the McAfee paradigm where corrections are mathematically impossible
"Buy the dip" is looking like boomer advice now.
post 1626678083 12-26-2020, 06:25 PM
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#2148
  1. HMFIC_BROWSIN
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Originally Posted By Serenadium⏩
Not if it is repeated tired debunked low IQ takes all day long.

If Hasu/Antonopolous wants to come on here and debate MEV/fungibility, then sure, I would be ready to dump my entire stack on the points made.
Euphoric pessimism is needed for this thing to keep pumping. When pimp buys, sell.
post 1626678193 12-26-2020, 06:26 PM
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#2149
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Originally Posted By HMFIC_BROWSIN⏩
Euphoric pessimism is needed for this thing to keep pumping. When pimp buys, sell.
Yup.
post 1626678523 12-26-2020, 06:28 PM
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#2150
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Originally Posted By johnnyboi123⏩
Funny thing is if this SEC ordeal ends up being cleared in court, it's going to turn into a super catalyst for XRP potentially. Time will tell.
I think if XRP gets cleared we will get a pretty sweet alt coin run across the board. Hoping they get this through fast but court cases can last ages.
post 1626679543 12-26-2020, 06:39 PM
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#2151
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Jeez my sats are getting punished, maybe the lowest ever
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

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post 1626680823 12-26-2020, 06:56 PM
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#2152
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Originally Posted By Luc1fer⏩
Jeez my sats are getting punished, maybe the lowest ever
i remember my sats getting butt****ed bigly in 2017, dropping all the way under 1 btc in total value, then going up to 10+ btc at top of the alt run that followed. God I wish I would have cashed out in btc at that point if i knew what was to come after. Will history repeat?
post 1626681553 12-26-2020, 07:08 PM
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#2153
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alts will pump but not all of the ****coins from 2017

alts that havent hit exchanges yet thats where the money is boys
post 1626684643 12-26-2020, 07:53 PM
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#2154
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so it begins...


post 1626685503 12-26-2020, 08:05 PM
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#2155
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Originally Posted By johnnyboi123⏩
so it begins...


I would love a dump right now
post 1626686453 12-26-2020, 08:19 PM
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#2156
  1. Grinners
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I agree with the sentiment in the above video (Bitcoin the is biggest evolution in money in a thousand years - understand that it is the invention of digital scarcity, and the most scarce asset the world has ever seen).

Don't be filled with regret in years to come that you knew about Bitcoin and tried to beat the market with fancy trading or decided to play roulette with alts and wound up with no Bitcoin.

Congrats all those who understood what Bitcoin is and are still here.
"Testosterone levels peak during a man's late 20's but decline soon after, decreasing about 1.5 percent per year after age 30. "

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!!!+052 kcab per lliW
post 1626688893 12-26-2020, 08:53 PM
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#2157
  1. HMFIC_BROWSIN
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*tells people to not trade
*posts his trading exit strategy
post 1626688913 12-26-2020, 08:53 PM
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#2158
  1. Luc1fer
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Originally Posted By johnnyboi123⏩
i remember my sats getting butt****ed bigly in 2017, dropping all the way under 1 btc in total value, then going up to 10+ btc at top of the alt run that followed. God I wish I would have cashed out in btc at that point if i knew what was to come after. Will history repeat?
Hindsight is 20/20, but ye... wish I had too. Would be 3x now
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

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post 1626689273 12-26-2020, 08:59 PM
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#2159
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Originally Posted By Grinners⏩
So sales of 5% of my position will occur at each of the following:
$26,000
$33,800
$44,000
$57,000
$74,000
$96,500
$125,000
$163,000
$212,000
$275,000
... etc etc).

Congrats all those who understood what Bitcoin is and are still here.
highly advise against doing this:

You'll suffer a grinners' decay of 47% after 9 iterations of 30% ATHs.

At $275,000, the grinner's decay is $3.9m compared to someone that just holds (for an initial investment of $1m).



My method is similar to the method someone mentioned earlier, only take out a % for life changing events (sick family member, something that will genuinely help you achieve self actualisation, cancer treatment etc).

My structure is as follows:
- 10% can be sold only for personal desires and ambitions of significance (i.e. exposure to something, filling a hole in life etc). Not bull**** purchases like cars or a wedding.
- 40% only for significant life changing events (i.e. I get prostate cancer or immediate family member gets a terminal illness).
- 50% to be unsold and taken to the grave. This seems irrational but it will be my BTC high score in life.
post 1626689643 12-26-2020, 09:06 PM
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#2160
  1. Grinners
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Originally Posted By HMFIC_BROWSIN⏩
*tells people to not trade
*posts his trading exit strategy
Do you consider rebalancing a portfolio trading?

At some point, it makes sense to even out your investment portfolio to meet your age/wealth/risk appetite.

For some that will be 1% Bitcoin, some 10% Bitcoin, some 50% Bitcoin, and some 99% Bitcoin; to each his own.

I wouldn't consider taking 5% of an asset that is up 600% from it's March lows to be trading (it won't be going back into Bitcoin - an 80% drop from 100k might get tempting though...), but if you consider it so then so be it!
"Testosterone levels peak during a man's late 20's but decline soon after, decreasing about 1.5 percent per year after age 30. "

"Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense." - Buddha

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