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

post 1640493683 06-09-2021, 06:32 AM
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#4891
  1. Gringo12
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CXO propping up my portfolio strongly
Fck u james
post 1640504083 06-09-2021, 09:01 AM
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#4892
  1. BDSMBBW
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Originally Posted By dankydank⏩
SPY sitting at its ATH. If we actually start pushing beyond it then weโ€™re back to new highs. Already got a strong 12% pump since yesterdays low
don't place too much importance on spy's movements unless it's massive breaks of important level towards the downside..spy is ranging as well for the last 2-3 months.
post 1640504323 06-09-2021, 09:05 AM
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#4893
  1. dankydank
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Originally Posted By BDSMBBW⏩
don't place too much importance on spy's movements unless it's massive breaks of important level towards the downside..spy is ranging as well for the last 2-3 months.
BTC been mirroring it for a while boyo.

JFL at what just happened. Bulls in control. Someone did a huge 1 mil dump that dropped it 1.5% then some guy countered back with a 3+ mil buy that pushed it up 4%
post 1640504653 06-09-2021, 09:10 AM
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#4894
  1. BDSMBBW
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3 mil won't be enough to move btc that much..

https://data.bitcoinity.org/markets/books/USD

It would take a lot more.

yea btc is correlated with spy but for the last few days the correlations dropped off a bit on lower time frame charts.. It could go right back up though.. I just focus on btc price movement when placing trades..Think of it like this - spy can go up - but the individual stock like amzn or google will do what it wants..
post 1640505363 06-09-2021, 09:20 AM
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#4895
  1. JoshSP1985
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Originally Posted By Trapstar4.4⏩
It looks like El Salvador news opened flood gates for central and south America as leaders from all over are coming out in support of btc.
Miami mayor is organizing a summit with all leaders. the world is changing and btc is at the center of it. Ain't that some sht

Noobs should ignore the price , ignore what the rich are saying, and ignore their emotions or they will regret it for the rest of their lives
Things I've learned recently need to buy BTC any time it gets near 30k. Prob learned that too late though may not be a next time.
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post 1640507813 06-09-2021, 09:56 AM
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#4896
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Originally Posted By MiamiLife305⏩
R.i.p Bidens hairy legs

I had hope in him and his insider information
Lol the whole insider angle he had going on was really cringe. It's fine to make predictions for fun, but just lol at pretending you are an insider connected to some firm that can control the price of BTC on a bodybuilding forum
Anti identity politics crew
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Anti federal reserve crew
Anti central banking cartel crew
ETH millionaire crew
post 1640508313 06-09-2021, 10:01 AM
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#4897
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Originally Posted By Maxamanius⏩
Lol going back down to 31k area now, might even go under 30k by tomorrow.
You gonna pull a Bidenshairyleg boyo
post 1640509693 06-09-2021, 10:18 AM
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#4898
  1. JoshSP1985
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So what have we learned?

30k is by every measure the ****ing hella support level
BTC is going to bounce around between 30k and 40-42k until one side breaks
Generally, a good idea to buy BTC/Alts when BTC crowds 30k
We're going to be generally sideways within that range until a breakout happens

Anything else?
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post 1640511853 06-09-2021, 10:41 AM
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#4899
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Thats a really good analysis.
post 1640512103 06-09-2021, 10:44 AM
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#4900
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Originally Posted By JoshSP1985⏩
So what have we learned?

30k is by every measure the ****ing hella support level
BTC is going to bounce around between 30k and 40-42k until one side breaks
Generally, a good idea to buy BTC/Alts when BTC crowds 30k
We're going to be generally sideways within that range until a breakout happens

Anything else?
Sounds like you learned about basic support and resistance levels.
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 1640513213 06-09-2021, 10:56 AM
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#4901
  1. JoshSP1985
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Originally Posted By Luc1fer⏩
Sounds like you learned about basic support and resistance levels.
That's progress =)

My post was somewhat a counter to narratives that we're mooning every time it goes up and crashing every time it goes down.
*PUREBLOOD CREW*
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post 1640513273 06-09-2021, 10:57 AM
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#4902
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Originally Posted By JoshSP1985⏩
That's progress =)

My post was somewhat a counter to narratives that we're mooning every time it goes up and crashing every time it goes down.
That's because people don't zoom out. Just zoom out on the chart. Always zoom out.

If you look at the 1Y chart it's pretty interesting. You'll see a lot of action 30-40k back in Dec 2020. Again, that same range is acting as support.

Right now we're bouncing in a that same channel. Unless we clear 40k, or break 30k there's no crash or mooning.
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 1640513323 06-09-2021, 10:57 AM
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#4903
  1. JoshSP1985
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BTC testing resistance levels from the 6th and 7th
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post 1640513553 06-09-2021, 10:59 AM
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#4904
  1. Barteh
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Originally Posted By JoshSP1985⏩
So what have we learned?

30k is by every measure the ****ing hella support level
BTC is going to bounce around between 30k and 40-42k until one side breaks
Generally, a good idea to buy BTC/Alts when BTC crowds 30k
We're going to be generally sideways within that range until a breakout happens

Anything else?
It's going to be between 30k and 40k until it's not. Strong analysis.
post 1640513683 06-09-2021, 11:01 AM
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#4905
  1. JoshSP1985
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Originally Posted By Barteh⏩
It's going to be between 30k and 40k until it's not. Strong analysis.
Lol point is market trend won't be established until we break a major level
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post 1640516833 06-09-2021, 11:35 AM
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#4906
  1. jmal2000
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Anyone else here deal with Doge?
You are your thoughts. Life is perception, thoughts are perception, perception is reality ergo thoughts are reality, I think therefore I am.
08/08/2011. the day the aesthetics died. never forget.
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https://www.reddit.com/r/SchoolOfShadows/comments/1awjjjb/paper_on_life_life_is_addition_theory_v15/
post 1640518083 06-09-2021, 11:52 AM
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#4907
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Originally Posted By jmal2000⏩
Anyone else here deal with Doge?
Doge you say eh?... I'm familiar with him.
post 1640518653 06-09-2021, 12:00 PM
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#4908
  1. ghostfacedup
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Originally Posted By JoshSP1985⏩
Lol point is market trend won't be established until we break a major level
yup, we just chopping, nothing major. Break of 30K is when you gotta have dat fiat ready. As long as chitcoins keep pumping, it's unhealthy.
post 1640521263 06-09-2021, 12:35 PM
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#4909
  1. Contribution05
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Originally Posted By JoshSP1985⏩
So what have we learned?

30k is by every measure the ****ing hella support level
BTC is going to bounce around between 30k and 40-42k until one side breaks
Generally, a good idea to buy BTC/Alts when BTC crowds 30k
We're going to be generally sideways within that range until a breakout happens

Anything else?
I think I remember Krown claiming that the more it hits a resistance level over and over the more it should be weakened and essentially implying each time it reaches that level, a greater % chance of breaking through.

Assuming that is true, then i would assume the same is true of support levels and the fact it's bounced off that $30-31k support a couple of times makes me think one more time might be enough to make it break.
post 1640538723 06-09-2021, 04:35 PM
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#4910
  1. JoshSP1985
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You guys think all the talk about BTC currency adoption is fueling this pump or are we just fulfilling the wykof cycle?

+5k today on BTC no signs of slowing yet
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post 1640538863 06-09-2021, 04:37 PM
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#4911
  1. Fred87nc
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Originally Posted By JoshSP1985⏩
You guys think all the talk about BTC currency adoption is fueling this pump or are we just fulfilling the wykof cycle?

+5k today on BTC no signs of slowing yet
The salvador bitcoin legal tender is a big deal
Yo yo yo I beez keepin it real since 02 fo real nowuimsayin

*ballin crew*

Quest to reach 8k before DartBoard.
**Beat Dartboard on quest to 8k on 05/21/2012 as the underdog.**
post 1640545363 06-09-2021, 06:27 PM
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#4912
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WTF?!

BTC shorts....

https://uk.tradingview.com/symbols/BTCUSDSHORTS/

Like the guys over on /biz/ are saying, looks like either the market is going to crash epically or we are going to witness a massive amount of liquidations.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1640547553 06-09-2021, 07:03 PM
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#4913
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Originally Posted By Gringo12⏩
CXO propping up my portfolio strongly
I moved everything into CXO right when things began to tank knowing that CXO does not follow the rest of the market. Best decision I've made in crypto, just wish I did it a little earlier. BRB new ATH while everything else is down 50% and we're not even into July yet.
"So live your life that the fear of death can never enter your heart. Trouble no one about their religion; respect others in their view, and demand that they respect yours. Love your life, perfect your life, beautify all things in your life. Seek to make your life long and its purpose in the service of your people. . . . Always give a word or a sign of salute when meeting or passing a friend, even a stranger, when in a lonely place." -Tecumseh
post 1640550223 06-09-2021, 07:51 PM
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#4914
  1. JoshSP1985
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You guys hear of people taking out loans and staking it as stable coins and making enough interest to make the loan payments?
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post 1640552513 06-09-2021, 08:29 PM
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#4915
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Lmao, stupid libs

https://mobile.twitter.com/Bloomberg...49016845262851
post 1640553393 06-09-2021, 08:42 PM
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#4916
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Originally Posted By JoshSP1985⏩
You guys hear of people taking out loans and staking it as stable coins and making enough interest to make the loan payments?
Sounds risky given they can change the interest rates at any given moment, so no guarantee that you would beat the loan % rate, and thats not even figuring out how taxes comes into play. Though I do have a fair amount sitting in Gemini's stable coin since it's currently paying 7.4%. But Gemini use to give 3.05% for BTC and ETH and then just one day it got knocked down to 2.05%.
post 1640560513 06-09-2021, 11:10 PM
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#4917
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Yo WTF

Btc shorts are now up 20k. Double of may 19 shorts

Btc 25-20k literally incoming. Iโ€™m selling 40% now and buying when this dips like crazy
post 1640560553 06-09-2021, 11:10 PM
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#4918
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Originally Posted By JoshSP1985⏩
You guys hear of people taking out loans and staking it as stable coins and making enough interest to make the loan payments?
Its called arbitrage. The problem is you either need to find a traditional lender with lower apy rates than the stablecoin yield or if you are going from one token to the other you might take on some other form of risk through being over leveraged, or dealing with impermanent loss or rate changes. Its also on the lower risk/reward side of the spectrum. Cool you might be able to make a safer 4-5% per year but if you are already in crypto theres better plays.
No signature
post 1640560593 06-09-2021, 11:11 PM
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#4919
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Originally Posted By gesten⏩
Yo WTF

Btc shorts are now up 20k. Double of may 19 shorts

Btc 25-20k literally incoming. Iโ€™m selling now and buying when this dips like crazy
but who was short squeeze
post 1640561253 06-09-2021, 11:23 PM
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#4920
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