MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles

04-10-2021, 06:49 AM

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#391

twovalvekid
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Gut dayum that was nice to wake up to this morning. For once it looks like i made a good move thursday. lol.

Sold ETH after a little run up and put it in BTC when it was around 56k

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04-10-2021, 08:23 AM

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#392

dave.mc
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BTC and XRP are making me a happy miscer today

04-10-2021, 08:41 AM

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#393

Edged123
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I feel like a fool for selling all my xrp once the SEC bull**** came out

04-10-2021, 09:01 AM

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#394

Luc1fer

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Originally Posted By Edged123⏩

I feel like a fool for selling all my xrp once the SEC bull**** came out

Well it was correct to sell immediately, but once there's blood on the street and /r/ripple long term fanboys are exiting in exasperation, you know it's time to buy.

I was advising buys ~.20 when the desperation and fear was at an ATH.

𝕮𝖍𝖆𝖘𝖊 𝖆 𝖈𝖍𝖊𝖈𝕶, 𝖓𝖊𝖛𝖊𝖗 𝖈𝖍𝖆𝖘𝖊 𝖆 𝖇𝖎𝖙𝖈𝖍

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04-10-2021, 09:04 AM

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#395

Luc1fer

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wow, KNC went nuts there

𝕮𝖍𝖆𝖘𝖊 𝖆 𝖈𝖍𝖊𝖈𝕶, 𝖓𝖊𝖛𝖊𝖗 𝖈𝖍𝖆𝖘𝖊 𝖆 𝖇𝖎𝖙𝖈𝖍

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04-10-2021, 09:36 AM

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#396

2020Wellness
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Originally Posted By lordpatrick⏩

There's a playstation 5 coming out (or it's out already ?)

Let's wait before buying that this time...

Just LOL if you haven't bought several and scaled them already.

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04-10-2021, 10:01 AM

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#397

Edged123
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Originally Posted By Luc1fer⏩

Well it was correct to sell immediately, but once there's blood on the street and /r/ripple long term fanboys are exiting in exasperation, you know it's time to buy.

I was advising buys ~.20 when the desperation and fear was at an ATH.

Bought at .18 and sold at .30 fml

04-10-2021, 10:26 AM

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#398

Omnivium

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XRP goin to the moon

04-10-2021, 11:05 AM

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#399

The Prime Nip
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XRP will be the new king of crypto.

BTC going to zero.

You heard it here first.

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04-10-2021, 11:17 AM

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#400

eternalone423
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Originally Posted By The

XRP will be the new king of crypto.

BTC going to zero.

You heard it here first.

def can't be serious LOL

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04-10-2021, 11:45 AM

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#401

hardestgainer
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Bittrex suspended my account saying I was no longer a verified member, filed a ticket about it bc Ive been verified since 2016. They said it was just because the drivers license I used originally is now expired and I have to reverify, ufuknwutm8?! What an unnecessary hoop to make a customer jump through

But they let me deposit funds into the account right before telling me im not verified when trying to buy more RVN lol

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04-10-2021, 01:38 PM

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#402

dankydank
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Weekend dip still came even with slow weekday and BTC pumping last night. Not to bad this time, I'm pretty confident that next week is gonna pump. Bought some calls betting on it.

04-10-2021, 03:09 PM

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#403

eternalone423
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Originally Posted By dankydank⏩

Weekend dip still came even with slow weekday and BTC pumping last night. Not to bad this time, I'm pretty confident that next week is gonna pump. Bought some calls betting on it.

Next week should be amazing, hopefully.

So many people are expecting this month to pump hard AF. We will see if the trend continues.

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04-10-2021, 03:10 PM

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#404

Nocturne808
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Whoa BAT dipped hard. Bought the dip to average down. Staking on Gemini Earn rn

Das not it mayne.

04-10-2021, 03:32 PM

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#405

TrueTruth
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Selling my useless Litecoin and going balls deep into VET. Tired of waiting on LTC to even double since I bought it in December, and whenever there's a dip this chit always crashes harder than others

Need Bloody Sunday to correct the prices first though because **** buying it when it's at all time high after a week-long pump. Come on Bogdanoff, make a call

04-10-2021, 03:36 PM

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#406

BRANDERSS
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Most of my portfolio is VET join me ******* been a very profitable week for me up over 50%

Paypal me your tributes *******.

04-10-2021, 04:07 PM

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#407

Gringo12
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My cargoX coin is a roller coaster, down 20%, up 90%, down 15%, up 30%, down 25%

Fck u james

04-10-2021, 04:53 PM

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#408

ghostfacedup
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If you're in the US where do you send your xrp to sell?

04-10-2021, 04:59 PM

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#409

LurkoLantern
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Originally Posted By eternalone423⏩

Next week should be amazing, hopefully.

So many people are expecting this month to pump hard AF. We will see if the trend continues.

Hate to introduce any FUD, but on the decrypt podcast today they were talking about Coinbase' valuation, and some market analysts were saying that for it to maintain its existing $100B valuation it'd have to achieve like 25% growth every quarter.
Most everyone was saying its true value is around $19B, and they expect the stock to drop steadily after Wednesday morning.

So that makes me wonder how it'll affect crypto - if COIN tanks, will bitcoin/eth also dip?

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04-10-2021, 06:18 PM

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#410

Parkerscott
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Originally Posted By LurkoLantern⏩

Hate to introduce any FUD, but on the decrypt podcast today they were talking about Coinbase' valuation, and some market analysts were saying that for it to maintain its existing $100B valuation it'd have to achieve like 25% growth every quarter.
Most everyone was saying its true value is around $19B, and they expect the stock to drop steadily after Wednesday morning.

So that makes me wonder how it'll affect crypto - if COIN tanks, will bitcoin/eth also dip?

The market is much bigger than just $COIN. Their earnings report shows that they are doing things better than some banks and thats what is bullish and legitimizes this sector. I wouldn't worry too much about intraday $COIN fluctuations. Im more bullish about what it can do for the market than the company itself. Compound just hit $10B in total assets locked, Maker coming up on $9B. Coinbase is just a fast fiat onramp for normies. The real opportunity is elsewhere I believe.

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04-10-2021, 06:26 PM

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#411

dankydank
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Originally Posted By Parkerscott⏩

The market is much bigger than just $COIN. Their earnings report shows that they are doing things better than some banks and thats what is bullish and legitimizes this sector. I wouldn't worry too much about intraday $COIN fluctuations. Im more bullish about what it can do for the market than the company itself. Compound just hit $10B in total assets locked, Maker coming up on $9B. Coinbase is just a fast fiat onramp for normies. The real opportunity is elsewhere I believe.

I agree that’s why I’m banking on strong week. COIN will likely just follow BTC like every other crypto stock but might dip less during bear runs than the others. I’m not touching it until December if I do. Exodus is also offering public shares now that could be interesting but not available in my state

04-10-2021, 07:55 PM

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#412

FrankCostanza
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Originally Posted By Gringo12⏩

My cargoX coin is a roller coaster, down 20%, up 90%, down 15%, up 30%, down 25%

What was your cost basis?

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04-10-2021, 08:12 PM

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#413

Gringo12
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Originally Posted By FrankCostanza⏩

What was your cost basis?

Think I got in around 0.20c

Wheres W1LLW and his ripple brag to offset his awful reef play

Fck u james

04-10-2021, 08:35 PM

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#414

Serenadium
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Originally Posted By LurkoLantern⏩

Hate to introduce any FUD, but on the decrypt podcast today they were talking about Coinbase' valuation, and some market analysts were saying that for it to maintain its existing $100B valuation it'd have to achieve like 25% growth every quarter.
Most everyone was saying its true value is around $19B, and they expect the stock to drop steadily after Wednesday morning.

So that makes me wonder how it'll affect crypto - if COIN tanks, will bitcoin/eth also dip?

Coinbase is narratives and mimetic desire and only in small part fundamental value.

In a market where 'soft' money is easily available (low or even 0% interest rates with money printers in full force), you'd be a full to not put narratives in to your fundamental analysis.https://insights.deribit.com/market-...and-imitation/

You just need to look at Tesla and its trillion dollar market cap; people do not see a negative cash flow toxic car maker asset. They instead see the future of humanity - rocketships, mars bases, interstellar travel, AI, robotics and neural network development, satellites, asteroid mining etc.

Coinbase has similar narratives but in the sense of propogating decentralized, open-source, censorship resistant and the future of finance disrupting a potentially quintillion dollar market.

When the feds increase interest rates and vastly decrease the amount of 'soft' money available, hopes and dreams are dashed and the masses need to be more conservative with their spending, that is when investing will return to pure fundamentals. See Arthur Hayes' blogspot on the negative convexity associated with an increase in interest rates:https://cryptohayes.medium.com/pumpi...n-ae8a54a32ea2

My money is that with the fallout from corona, that interest rates will be low for some time. I have big bets on crypto with enormous narratives (BTC, Sushi, Uni, ETH) but will monitor and cycle back into more fundamental based cryptoassets when things change (FTT, Maker, Compound etc)

04-10-2021, 08:39 PM

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#415

Winston56432
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I am pretty much gonna throw some money at conibase IPO

just not sure wtf is gonna happen to crypto if COIN goes up or down

I am also going to buy some Avalanche coin and store it. really like this project.
other coins I'm interested in are Inch, VGX, Enjin

04-10-2021, 10:01 PM

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#416

underjeep
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Originally Posted By Winston56432⏩

I am pretty much gonna throw some money at conibase IPO

just not sure wtf is gonna happen to crypto if COIN goes up or down

I am also going to buy some Avalanche coin and store it. really like this project.
other coins I'm interested in are Inch, VGX, Enjin

this thread makes me bullish on coinbase, look at everyone buying the latest centralized sh!itcoin that gets created and then pumping it on forums.

04-10-2021, 10:59 PM

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#417

eternalone423
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I'm definitely going to throw money at $COIN. I feel like it'll definitely make money before losing money. With this being such a strong year for crypto, I feel it is worth the risk to get in early and see what happens.

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04-10-2021, 11:13 PM

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#418

im2manly
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Originally Posted By eternalone423⏩

I'm definitely going to throw money at $COIN. I feel like it'll definitely make money before losing money. With this being such a strong year for crypto, I feel it is worth the risk to get in early and see what happens.

Instant dump after getting listed. No thanks.