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Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish

 
Mr Cheese

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06/19/2022 05:11 PM

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Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
I think all of you are wrong that we are in a bull run.

Good luck hodlers. Ethereum won't go over 2700$ area. I think 2500$ will be the top around nov 5th 2022.

XRP will rug pull ALL OF YOU. The big final crash starts on november 5th. This is probably when xrp tells you they won the lawsuit.

RIPPLE IS NOT YOUR FRIENDS.

I hope you finally believe me after they screw you one final time.

Last Edited by Mr Cheese on 08/14/2022 11:30 AM
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/19/2022 05:20 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
And for the record I shorted xrp at 1.70 down to 50 cents and made a thread about it here.

I shorted bitcoin at 48.2k down to 24k and posted the yootoob video here.

Anyways. I've been really successful lately and I want to share my success with you cryptotards. That's the whole point of this.
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/19/2022 05:21 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
The reason it's going to go above 20k short term is because so many degenerate traders are shorting 20k on high leverage right now. The bad traders must be liquidated.

Last Edited by Mr Cheese on 06/20/2022 12:17 AM
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/19/2022 05:24 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
The reason it's going to go below 17.5k afterwards is because of the same reason. So many degenerate traders are longing 20k on high leverage right now.

All of these traders will be liquidated.
We are in a great depression and it ends in 2030.
T-Man
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06/19/2022 05:30 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
bump
Mr Cheese  (OP)

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06/19/2022 10:36 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish


Here's my current thoughts on bitcoin and ICP. Touching on BNX also, which i am shorting the F out of right now. I don't recommend longing or shorting because it's so dangerous and I know how degenerate some of you can get.

At the moment, the earliest I think bitcoin can bottom is 3 weeks from now on july 9th weekend. I may update this timeframe as the time approaches. I may update my target as the time approaches. Right now, I feel like the bottom for bitcoin will be 14/15k. Most likely 15k.

Also thinking ICP will bottom at 4$. Still think ICP runs up to 100$ by next summer. I am anticipating a 25X up for ICP. I can't tell you much about how high most coins will go but I can say that a 25X up in less than 12 months is fucking incredible to me and that most coins WON'T do this. Bitcoin won't 25x up in 12 months. XRP won't. Most coins won't. Some will do better. Most won't.

That's about all I have at the moment. Be patient. The bottom is tentatively coming as the bearishness is starting to wane. The bearishness has NOT completely dried up though. It's just slowing down.

After 12 months? We will have another leg of bear market. We still have to have our covid crash #2, which IS COMING in about 2 years or whatever. The real bull market with bitcoin going over 100k won't start for 2/3 years yet.

I don't know if we'll do a lockdown in a few weeks when bitcoin bottoms. I dont' know if we'll do a lockdown in 2 years for our "covid crash #2." But I suspect we might do it for one or both of them. That's because I think the lockdown is tied to the financial markets bottoming.

Last Edited by Mr Cheese on 06/19/2022 10:41 PM
We are in a great depression and it ends in 2030.
John Nash

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06/19/2022 10:56 PM
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
Nice thread. My own TA shows that we are in 4 year cycles and the last year or so of each 4 year cycle we have a correction. We are currently in a correction. I prefer Elliott Wave theory for demonstrating where we are in a cycle. I see the bottom of Wave A, of ABC, by mid-July at about 16k. The B wave bounce will go up to about 22-28k and the final wave C by the end of the year near about 10k, or worse.

So, in summary, I believe that I think that the correction won't be over as soon as you and that the B wave bounce will be perceived by many (incorrectly) that the correction is over.
A supply-limited commodity, instantly transferable worldwide, person-to-person, is intrinsically and uniquely valuable.
Mr Cheese  (OP)

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06/19/2022 11:10 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
Nice thread. My own TA shows that we are in 4 year cycles and the last year or so of each 4 year cycle we have a correction. We are currently in a correction. I prefer Elliott Wave theory for demonstrating where we are in a cycle. I see the bottom of Wave A, of ABC, by mid-July at about 16k. The B wave bounce will go up to about 22-28k and the final wave C by the end of the year near about 10k, or worse.

So, in summary, I believe that I think that the correction won't be over as soon as you and that the B wave bounce will be perceived by many (incorrectly) that the correction is over.
 Quoting: John Nash


I don't get into elliot too much but I have to agree with you that I have been thinking elliot wave theory as of late. The market really does look like it has made two discernable waves down, suggesting we have a third wave coming.

wave 1 (down to 30k)
wave 2 (up a tiny bit to 48.2k)
wave 3 (down to 18k area)
(here's where we are right now)
Elliot wave suggests a tiny up wave 4 coming
Followed by another final wave 5 down.

A good theory and is something I have been holding in my mind. Thank you for your thoughts on it all. I will say that I won't say 100% we are in a bull market until bitcoin puts in a bullish gartley harmonic (a REALLY BIG one over a few months). If I see a bullish gartley harmonic? This is 100% bullrun on. I don't know if we'll get lucky enough to see a harmonic, though.

Last Edited by Mr Cheese on 06/19/2022 11:12 PM
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/19/2022 11:14 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
I was thinking 16k for a while also because of that obvious as day, support level i'm sure that you are referring to.

I just don't think the whales will let it be that easy.
We are in a great depression and it ends in 2030.
TwitcH

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06/19/2022 11:15 PM
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
I'll be following this. I'll buy a few coins at the bottom.
jlee2027

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06/19/2022 11:24 PM
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish


So, there is no market....none.
Mr Cheese  (OP)

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06/19/2022 11:38 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
 Quoting: jlee2027


I think all of the cryptobro's are disinformation to sucker you in to buying at a poor time to do so. All main stream media is financial disinformation. They tell you to get ready for lamborghinis with matt damon telling you to buy bitcoin at the top. They will then tell you the world is about to FALL APART and WE'RE ALL GONNA DIE at the bottom. Just like the covid lockdown, which was the financial market bottom in march 2020.

Everything they say is lies and misinformation. Best to just turn off the noise, imo.
We are in a great depression and it ends in 2030.
sunnycal

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06/19/2022 11:57 PM
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
Why Icp? What’s going to drive this 25x?
sunnycal

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06/19/2022 11:57 PM
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
Why Icp? What’s going to drive this 25x?
Mr Cheese  (OP)

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06/20/2022 12:06 AM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
Why Icp? What’s going to drive this 25x?
 Quoting: sunnycal


All of the shitcoins in the 2018 market bottom did at least .236 retrace up using the daily candle closes when bitcoin came up from 3200 to 14k during the mini bullrun. Every single one of them.

ICP has been the most decimated s-coin of all the s-coins this year.

Using history as a guide, I anticipate that all of the s-coins will at least do a .236 retrace up.

For ICP, it's .236 retrace is up to 100$. This is why I think ICP will do the greatest during this mini bullrun, assuming it actually happens of course. ICP has the highest percentage increase .236 retrace of all of the non bitcoin, cryptos.

Last Edited by Mr Cheese on 06/20/2022 12:08 AM
We are in a great depression and it ends in 2030.
Socratic Demolishment

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06/20/2022 12:44 AM
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
wont let me respond to thread. i dont have an imgur add my tradingview cheese?
Praise God
Socratic Demolishment

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
wont let me respond to thread. i dont have an imgur add my tradingview cheese?
Praise God
Socratic Demolishment

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06/20/2022 12:45 AM
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
we may be confluent structurally lower.
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Mr Cheese  (OP)

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06/20/2022 05:13 AM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
I found an interesting article written by Arthur Hayes today that I think some of you might find interesting. Arthur Hayes is the CEO of bitmex, an exchange that trades bitcoin and other various coins. He is very knowledgeable.

~~~

"I think we can find a bottom in the $3,000 to $5,000 range" is part of a post he made in summer of 2018 before bitcoin bottomed at 3200$ in december of 2018.

~~~
~~~

Here's an article he wrote recently on his blog. The blog is a bit grandiouse and he obviously fancies himself as a poet as well as a financial wizard, but this part I have quoted below I found very interesting. One last bit is that he suggests a few altcoins that he thinks might do extremely well in the upcoming bullrun.

He really likes:

-sushiswap
-pancakeswap
-uniswap
-looks (he was extremely hyping up looks in the article)

[link to blog.bitmex.com (secure)]

Given the likely fallout of these events, and as I look at the northern hemispheric summer calendar, there is one particular weekend that strikes me as a likely candidate to host the final showdown between panic sellers and a bidless market – the weekend of July 4.

By June 30 (second quarter end), the Fed will have enacted a 75bps rate hike and begun shrinking its balance sheet. July 4 falls on a Monday, and is a federal and banking holiday. This is the perfect setup for yet another mega crypto dump. There are three ingredients to this humble pie:

Risk assets will again rediscover their dislike for tightening USD liquidity conditions sponsored by the Fed.
Crypto funds must raise fiat to satisfy redemption requirements by continuing to sell any liquid crypto asset.
No fiat can be deployed until Tuesday, July 5.
June 30 to July 5 is going to be a wild ride to the downside. My $25,000 to $27,000 Bitcoin and $1,700 to $1,800 Ether bottom levels lay in tatters. How low can we go? I believe we’ll find out on this fateful weekend. This week Bitcoin and Ether bounced off of $20,000 and $1,000 respectively in an impressive fashion. Can they hold a renewed attack on these levels during a weekend where no fresh filthy fiat can be deposited on crypto exchanges?

While Bitcoin and Ether hopefully won’t get much cheaper, it will be goblin town for the rest of the shitcoin complex. The rest of this essay is a study in why I have faith in a small subset of protocols that actually have real use cases and users willing to pay real money for DeFi financial services.
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/20/2022 05:17 AM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
I found an interesting article written by Arthur Hayes today that I think some of you might find interesting. Arthur Hayes is the CEO of bitmex, an exchange that trades bitcoin and other various coins. He is very knowledgeable.

~~~

"I think we can find a bottom in the $3,000 to $5,000 range" is part of a post he made in summer of 2018 before bitcoin bottomed at 3200$ in december of 2018.

~~~
~~~

Here's an article he wrote recently on his blog. The blog is a bit grandiouse and he obviously fancies himself as a poet as well as a financial wizard, but this part I have quoted below I found very interesting. One last bit is that he suggests a few altcoins that he thinks might do extremely well in the upcoming bullrun.

He really likes:

-sushiswap
-pancakeswap
-uniswap
-looks (he was extremely hyping up looks in the article)

[link to blog.bitmex.com (secure)]

Given the likely fallout of these events, and as I look at the northern hemispheric summer calendar, there is one particular weekend that strikes me as a likely candidate to host the final showdown between panic sellers and a bidless market – the weekend of July 4.

By June 30 (second quarter end), the Fed will have enacted a 75bps rate hike and begun shrinking its balance sheet. July 4 falls on a Monday, and is a federal and banking holiday. This is the perfect setup for yet another mega crypto dump. There are three ingredients to this humble pie:

Risk assets will again rediscover their dislike for tightening USD liquidity conditions sponsored by the Fed.
Crypto funds must raise fiat to satisfy redemption requirements by continuing to sell any liquid crypto asset.
No fiat can be deployed until Tuesday, July 5.
June 30 to July 5 is going to be a wild ride to the downside. My $25,000 to $27,000 Bitcoin and $1,700 to $1,800 Ether bottom levels lay in tatters. How low can we go? I believe we’ll find out on this fateful weekend. This week Bitcoin and Ether bounced off of $20,000 and $1,000 respectively in an impressive fashion. Can they hold a renewed attack on these levels during a weekend where no fresh filthy fiat can be deposited on crypto exchanges?

While Bitcoin and Ether hopefully won’t get much cheaper, it will be goblin town for the rest of the shitcoin complex. The rest of this essay is a study in why I have faith in a small subset of protocols that actually have real use cases and users willing to pay real money for DeFi financial services.
 Quoting: Mr Cheese


This lines up with my theory of assets bottoming in the first few weeks of july. Just food for thought. And he's setting his bottom timeframe without using T.A. He's using just traditional thinking on a much grander scale than I could even think of. Definitely read through the article, it's a good read once you skim past the first 6 paragraphs of his upcoming novel.
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/20/2022 06:50 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
The reason it's going to go above 20k short term is because so many degenerate traders are shorting 20k on high leverage right now. The bad traders must be liquidated.
 Quoting: Mr Cheese


I want to thank the poster who got me to consider elliot wave theory, and re-examined the chart through the downsloping channel in this video. I am starting to think we'll see 30k by july 4th. I'm starting to think we might touch 33k by end of August.



Focusing on this post I made, this is what might be happening over the coming months. I said that 30-34k could be coming over the next few months (tentatively 33k as a maximum top by end of august).

I do not think it is at all possible that we get above 34k.

I am 100% convinced that we are going BELOW 17k before we go above 34k.

What I want to hammer home is that we are NOT bullish long term yet. Any bullish behavior over the coming month(s) is going to be short lived.

We are going lower than 17.5k before going over 34k. The only thing I am not certain of, is how high we go from now going forward and for how long it lasts... before we begin the crash below 17.5k.

Time will tell.

2000/3000$ bitcoin may be coming in the first two weeks of november 2022.

This will be the ultimate final bottom for a few years, if it does happen.
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/20/2022 07:05 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
Doubling down on my theory that we will have riots on this financial market bottom... and a corresponding lockdown/martial law...

Is it believable to you that we could make a financial bottom a week after the midterms?

Is it believable to you that we could have riots(or false flag riots) after the midterms? NO MATTER WHO WINS?

I am starting to think our next riot lockdown will be due to the midterm election results and I am strongly considering this as the moment the financial world bottoms.

This means that if this happens how I have it laid out here? The riots are already planned to happen for political gain/theatre purposes.

Last Edited by Mr Cheese on 06/20/2022 07:05 PM
We are in a great depression and it ends in 2030.
nemo_solus

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06/20/2022 11:07 PM
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
https://imgur.com/a/YEgKS5r


On the BTC Order book, the volume is still overall favoring lower prices, but compared to what has been seen the past few weeks, it has diminished, although a substantial volume remains down to the $10k region.

https://imgur.com/a/YU8ei7G


Zooming into the area closer to the current price, there is a small bias upwards at the moment to the ~21.5k/$22k level - we'll have to see if it remains for long.

https://imgur.com/a/NIJUXyi


There hasn't appeared to be much, if any, move out from Stablecoins (here, USDT + USDC) so I don't think sentiment has really changed yet from one of Fear.

https://imgur.com/a/3E3aZ2K


The Altcoin Market Cap remains decreasing the past few days.

https://imgur.com/a/LMmTzSk


BTC + ETH Market Dominance has also dramatically fallen.

Overall, looking at the indicators and market states I like to follow, I can't say we have hit bottom yet, although it does appear we are starting to see signs that we might be exhausting the bears. The worry is that with overall Order Book liquidity being so much lower, the price can easily move in either direction for whatever reason.

Last Edited by nemo_solus on 06/20/2022 11:10 PM
T-Man
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
such a great opportunity
Mr Cheese  (OP)

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06/23/2022 12:48 AM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
So just a heads up. I'm not terribly sure what bitcoin/ethereum is doing exactly right this second but I am officially a looksusdt fan. I have been heavily looking into it after reading the article from the bitmex CEO that i linked in this thread. He put out the article at the moment looksusdt was at the bottom of a falling wedge and it has been bullish ever since.

I don't know if it'll all come down again, it might. But right now i'm just going to buy a percent or two every day and keep stacking what I have. I think this guy is brilliant and i think he's right that looksusdt very well might be the best crypto this bullrun (if it actually ever starts).

Anyways. You really should consider buying some looksusdt. You should also read the article i linked a few posts up. At least search the article for "looks" and read the parts where looks is mentioned. This guy is really smart and he is really hyping this coin, and after i looked at it, it is making an insanely bullish pattern right now.

Read about looksusdt. It's going to be part of the foundation of the future of NFT's. There's dividends too, though i don't understand how that all works. I'll be nibbling into it slowly over the coming months.

I'm staying out of ICP and putting my icp money into looks. ICP will probably do really well but i think looks can destroy the entire crypto world now.

It's currently at 37 cents. It could crash down to 17 cents again. If that happens I will go all in.

~~

Still not sold on bitcoin at the moment.

Last Edited by Mr Cheese on 06/23/2022 12:50 AM
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/24/2022 10:59 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
Crypto comes down now.

Crypto potentially bottoms around july 10th weekend, still thinking bitcoin will be at 14/15k.

There will be riots.

There will be lockdowns.

There may be a "plandemic."

I have been saying these 3 things would happen at the day bitcoin bottomed for the last year on this forum. I have been saying this because in March 2020 the last time bitcoin bottomed, we had riots, lockdowns and a plandemic.

As we are closing in on the day I think bitcoin bottoms...

How many of you think it's possible we have riots, lockdowns and a new plandemic right now?

Last Edited by Mr Cheese on 06/24/2022 11:04 PM
We are in a great depression and it ends in 2030.
Mr Cheese  (OP)

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06/30/2022 10:01 AM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
I'm allowing Anonymous Cowards for now. Cross the line and I'll turn them back off.

I told you it would go above 20k to liquidate the 20k shorts.

I told you it would go under 20k to liquidate the 20k longs.

Here we are back under 20k after going to 22k.

16.5k is the next support.

After that im thinking 15,800$ will be the bottom either July 10th weekend or July 17th weekend.

We. Have. Not. Bottomed. Yet. But it's getting closer to maybe bottoming. I will call the exact bottom as it happens.
We are in a great depression and it ends in 2030.
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
oh nooo
Anonymous Coward
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
Thanks for the info!

cheers
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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
It will soon return to its true value.

Zero.


Well, maybe it will be worth $1.00.

It will be sold at dollar tree like beanie babies are today.

cruise
Mr Cheese  (OP)

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06/30/2022 01:23 PM

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Re: Crypto T.A. thread. This is the beginning of the great depression. Ethereum will be 25$ by end of 2030. Bitcoin well under 3k, XRP 1 cent-ish
This is going to be a rather conspiratorial post and it's a little out there...

The state I live in passes open carry on July 1st (in 1 day).

Supreme Court is fighting with new York over 2nd amendment.

Everyone is passing weapons related bills..

I'm trying to view the world through the lens of, "everything they are doing is setting us up for the lockdown riots."

---

In march of 2020, we had the bitcoin bottom. There were protests, riots, plandemics and lockdowns. The weeks leading up to the crash were filled with virus news.

---

I think the bitcoin bottom is in 2-3 weeks.

There is little virus fear on the news.

They are talking about roe v wade.

They are talking about the 2nd amendment.

---

Adding all the pieces together...

I am starting to think the riots will be roe v wade riots.

I am starting to think that this is their big gun grab false flag during july/August 2022.

I think there may well be the biggest wave of gun violence/riots/marshullll lawww in u.s. history over the coming months and it will all be a ploy to take the 2nd amendment away.

They're going to blame open carry for all the gun violence and use that to take away the 2nd amendment. At least they'll try.
We are in a great depression and it ends in 2030.





GLP