Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
- Start date
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Lanx
<Prior Amod>
- 65,316
- 147,318
Lambourne
Ahn'Qiraj Raider
- 2,865
- 6,838
It's probably going to stabilize for a bit at a level below the crash entry point, so maybe around 36-38k. West coast going to wake up and see it's still way down from where they went to bed though.
Markets ultimately are moved by confidence or a lack thereof (people only buy because they believe they can sell for profit at a later point). I don't see that confidence reappearing until it finds a level it can hold for a few days.
I'm still nursing a short but I'm not making any moves when prices are bouncing up and down 5-10% on 15 minute candles.
Nester
Vyemm Raider
- 4,978
- 3,183
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The beauty of a decentralized market.
“we are just going to keep your $$ for a bit”
The beauty of a decentralized market.
“we are just going to keep your $$ for a bit”
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- 12,723
- 49,391
One thing I'm noticing and trying to figure out the importance of is the volume numbers. Unless I'm reading the charts wrong, ETH and BTC are both seeing ATHs in terms of volume. Which makes conspiracy theorist Haus think some level of market manipulation might be at play, that or a lot of long leverage positions got liquidated.
Arden
Blackwing Lair Raider
- 2,732
- 2,055
If by "some level" you mean "extreme levels" you are correct, sir.
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- 2,908
- 7,481
This Lark Davis video starting here, he talks about the manipulation of old news stories being rehashed for no apparent reason, etcetera.
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Jive Turkey
Karen
- 6,722
- 9,087
I'm a total noob. What's the move when something like this happens? Let's say there's a major crash that doesn't appear to be as temporary as this one; do you dump everything into the exchange's stable coin?
Intrinsic
Person of Whiteness
- 15,033
- 13,130
Wait, isn't Binance considered centralized, they own everything and the bridge between fiat and wallet. So isn't it more like, the beauty of a centralized market? And even a bigger argument for defi?
Maybe I'm looking at this backwards.
Maybe I'm looking at this backwards.
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Time to take out another 80k loan and make milllllions.
On a serious note I’m not concerned. Crypto will bounce back. I’m not going to do the 2017/2018 buy dump. Diamond hands this to tendies land.
On a serious note I’m not concerned. Crypto will bounce back. I’m not going to do the 2017/2018 buy dump. Diamond hands this to tendies land.
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Flobee
Vyemm Raider
- 2,674
- 3,072
I've seen this floating around lately. No real opinion on it yet but you may find it interesting
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Nester
Vyemm Raider
- 4,978
- 3,183
Anyone remember QuadrigaCX?
That was the exchange i used in 2017. It was Canadian but needs to be a lesson for all.
TLDR - 30 something owner of exchange goes on trip to India and Dies. No body, no autopsy. All coin codes on his laptop that is lost.
Exchanges are the biggest risk in Crypto.
www.investmentexecutive.com
Remember Cryptopia out of NZ? It got hacked.
You can join the Class action to see if you can get a Nickle back.
bravenewcoin.com
That was the exchange i used in 2017. It was Canadian but needs to be a lesson for all.
TLDR - 30 something owner of exchange goes on trip to India and Dies. No body, no autopsy. All coin codes on his laptop that is lost.
Exchanges are the biggest risk in Crypto.
Not your keys, not your coins: lessons from QuadrigaCX fraud | Investment Executive
Individuals should keep their crypto assets in digital wallets rather than exchanges
www.investmentexecutive.com
Remember Cryptopia out of NZ? It got hacked.
You can join the Class action to see if you can get a Nickle back.
Cryptopia update - Liquidator Says It's Close To Returning Funds - Brave New Coin
The long, drawn-out process of returning customer funds continues for Cryptopia liquidators Grant Thornton - with the latest liquidators report being released on 12th June.
bravenewcoin.com
- 2,908
- 7,481
Mainstream media in bed with financial organizations to gobble up cheap crypto and keep the masses out of it. Stay poor in our financial system, dinguses!
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Tmac
Adventurer
- 9,975
- 17,000
Elon pumps Doge after buying millions of coins.
Elon disparages BTC before buying thousands of coins?
News reiterated old negative press to dog pile. Prices driven down? Who owns the news? Who’s gaining an entry point? What’s the strike point?
Elon disparages BTC before buying thousands of coins?
News reiterated old negative press to dog pile. Prices driven down? Who owns the news? Who’s gaining an entry point? What’s the strike point?
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