All Cryptos are shitting the Bed right now, good time to buy or more shitting to happen? | |
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Jim at the Path Across User ID: 79263398 United States 09/05/2020 08:54 AM Report Abusive Post Report Copyright Violation | I have spent a good bit of time in the last few weeks understanding Defi and the previous posts are right, it is a very tenuous structure for the most part. It seems to me that the powers that be allow things to be built out knowing they will initially falter but over time gain strength. It happened with BTC and then ETH and now this whole Defi thing. So these liquidity pools such are unwinding now and they are the reason most of the coins were going up in the first place. Also, the cryptos seem to be tied closely these days to stocks. Last Edited by Jim at the Path Across on 09/05/2020 08:57 AM |
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Anonymous Coward User ID: 78934172 United States 09/05/2020 09:05 AM Report Abusive Post Report Copyright Violation | I finally cashed out all my crypto after making quite a bit over the last three years. I feel it is stagnant, potentially on the verge of collapse. China is going to hell and likely to cash the shit out of their BTC and they are likely the largest holder. I also see them hacking and stealing a lot befor that happens. Now is not a good time for crypto and I feel we already saw the last real bull run. It’s literally becoming a joke. |
Anonymous Coward User ID: 73133962 United States 09/05/2020 09:05 AM Report Abusive Post Report Copyright Violation | Bitcoin is the leading indicator it’s going to fill the CME gap which exists at $9600 from that level it will either rebound and stay above the 2 1/2 year consolidating pendant beginning the next bull run or it will not find support at 9600 in which case it will test the bottom of the old consolidating pendant that it broke out of which will bring it down to around $6000-$6500 which if it does not hold the 9600 level you will want to go all in at $6000 |
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Anonymous Coward User ID: 78934172 United States 09/05/2020 09:12 AM Report Abusive Post Report Copyright Violation | Bitcoin is the leading indicator it’s going to fill the CME gap which exists at $9600 from that level it will either rebound and stay above the 2 1/2 year consolidating pendant beginning the next bull run or it will not find support at 9600 in which case it will test the bottom of the old consolidating pendant that it broke out of which will bring it down to around $6000-$6500 which if it does not hold the 9600 level you will want to go all in at $6000 Quoting: Anonymous Coward 73133962 Three gorges dam fails and btc is zero befor you blink. Unlike bullshit TA real world events will send that shit to zero in the snap of a finger. War, famine, pandemic... the fad is over and has been over for quite some time. The reason anything holds is the shear fact they are stuck in a loss from 2017. Its dead. I was the biggest crypto advocate for a long time. Now I’m spending lots of fucking cash to build an amazing house on the tears of crypto losers. |
Fhirinne User ID: 75973915 United Kingdom 09/05/2020 09:28 AM Report Abusive Post Report Copyright Violation | I finally cashed out all my crypto after making quite a bit over the last three years. I feel it is stagnant, potentially on the verge of collapse. China is going to hell and likely to cash the shit out of their BTC and they are likely the largest holder. I also see them hacking and stealing a lot befor that happens. Now is not a good time for crypto and I feel we already saw the last real bull run. It’s literally becoming a joke. Quoting: Anonymous Coward 78934172 I did the same thing, used it to buy silver and gold. You are the CEO of your own wellness. You need to take back your health from the disease-care system |
Anonymous Coward User ID: 78491713 United States 09/05/2020 09:47 AM Report Abusive Post Report Copyright Violation | I finally cashed out all my crypto after making quite a bit over the last three years. I feel it is stagnant, potentially on the verge of collapse. China is going to hell and likely to cash the shit out of their BTC and they are likely the largest holder. I also see them hacking and stealing a lot befor that happens. Now is not a good time for crypto and I feel we already saw the last real bull run. It’s literally becoming a joke. Quoting: Anonymous Coward 78934172 I did the same thing, used it to buy silver and gold. you could not be more wrong, crypto is the future of everything record keeping, finance, money transfer.. copyrights ownership, lending. everything. China will have their own national crypto soon, but you can bet if they sell their btc it will be bought right up. |
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ChefElvis User ID: 13652864 United States 09/05/2020 10:10 AM Report Abusive Post Report Copyright Violation | I finally cashed out all my crypto after making quite a bit over the last three years. I feel it is stagnant, potentially on the verge of collapse. China is going to hell and likely to cash the shit out of their BTC and they are likely the largest holder. I also see them hacking and stealing a lot befor that happens. Now is not a good time for crypto and I feel we already saw the last real bull run. It’s literally becoming a joke. Quoting: Anonymous Coward 78934172 I did the same thing, used it to buy silver and gold. you could not be more wrong, crypto is the future of everything record keeping, finance, money transfer.. copyrights ownership, lending. everything. China will have their own national crypto soon, but you can bet if they sell their btc it will be bought right up. Ravencoin is my fav. A legend in my own mind |
Anonymous Coward User ID: 78934172 United States 09/05/2020 10:17 AM Report Abusive Post Report Copyright Violation | I finally cashed out all my crypto after making quite a bit over the last three years. I feel it is stagnant, potentially on the verge of collapse. China is going to hell and likely to cash the shit out of their BTC and they are likely the largest holder. I also see them hacking and stealing a lot befor that happens. Now is not a good time for crypto and I feel we already saw the last real bull run. It’s literally becoming a joke. Quoting: Anonymous Coward 78934172 I did the same thing, used it to buy silver and gold. you could not be more wrong, crypto is the future of everything record keeping, finance, money transfer.. copyrights ownership, lending. everything. China will have their own national crypto soon, but you can bet if they sell their btc it will be bought right up. Blockchain is the future yes but your fucking unlimited list of “coins” are worthless. The market does not need to exist for the tech to work. This has been proven hundreds of times when a crypto company’s tech is adapted and the coin does nothing or pumps on hype then dumps. Two entirely different things. The market is likely going to be very short lived. Stable digital dollar for the USA built on blockchain yes.. very likely in the future but no mater how long you hold it it will still be worth a digital dollar. |
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