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Cryptocurrency mega-thread

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I'm thinking of putting some more money into yearn.finance.

This thing has a larger ATH than BTC and at present is sitting around the 39k mark from it's ATH of 91k.

I put some money into it the other day when it was in the 37k range.
 

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Hopefully. The court case needs to be sorted first and it's taking a while.
Mid to late September should see it settled I think, looking very good for Ripple. Jeremy Hogan is an attorney on YouTube documenting the case.
 
The bear market is still coming.

People forget how volatile the crypto market can be and get too cocky and complacent.

Doesn't take a lot for retails greed to turn into fear.
Saying a bear market will come again is like saying there will be another bull market, both are true statements depending on what time schedule you have.
 
Absolutely comprehensively disagree with this. Will hit $1 at some point well before it hits $10 (if it ever hits $10).
You’ll be as wrong on this as you were about this bull market being over.
 
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Yep, follow him, but dragging the timeline out is annoying.
Frustrating, but that’s the SEC for you. They’re clearly just stalling at this stage as even they would probably admit internally they aren’t winning this.
 
Saying a bear market will come again is like saying there will be another bull market, both are true statements depending on what time schedule you have.

The point was you never know when it will hit.

There's so much shit talked about crypto by people who are just guessing. So many wank price predications, so much shilling.
 
You’ll be as wrong on this as you were about this bull market being over.

Most people who own XRP only own it because of the court case.

People aren't holding it because they know all about what it does or believe in it long term.

They just think it will pump if it wins and they want to be on it if it does.

If it gets a pump watch a bunch of people cash out.
 
You’ll be as wrong on this as you were about this bull market being over. You clearly aren’t concentrating on what’s happening in the space anymore and your analysis shows.

XRP is currently $1.28. If you honestly think XRP increasing 681.25% is more likely than it decreasing 21.87% in the future you're showing your naivety and living off a diet of hopium.

For all the snarky comments it's your first market cycle that you've experienced in your life, you jumped in when the market was on its way up, and it shows. A month ago you made another snarky comment trying to educate me that a 4% swing in price was actually a 6% swing, because you don't understand the absolute bare basics of things such as calculating price fluctuations.

Just because I'm not involved in the day to day happenings of crypto anymore it doesn't mean I've got idea what I'm talking about for market dynamics.
 
XRP is currently $1.28. If you honestly think XRP increasing 681.25% is more likely than it decreasing 21.87% in the future you're showing your naivety and living off a diet of hopium.

For all the snarky comments it's your first market cycle that you've experienced in your life, you jumped in when the market was on its way up, and it shows. A month ago you made another snarky comment trying to educate me that a 4% swing in price was actually a 6% swing, because you don't understand the absolute bare basics of things such as calculating price fluctuations.

Just because I'm not involved in the day to day happenings of crypto anymore it doesn't mean I've got idea what I'm talking about for market dynamics.
Ah, here’s the lecture again 🙄. I’ll just let the price do the talking in the coming months. Thankfully I didn’t believe you that we were diving into a 3 year bear market and did my own research to understand we were still in a bull cycle, and I have done far more research into the current market dynamics than you to understand XRP will unleash when the case settles.
 

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Most people who own XRP only own it because of the court case.

People aren't holding it because they know all about what it does or believe in it long term.

They just think it will pump if it wins and they want to be on it if it does.

If it gets a pump watch a bunch of people cash out.
I don’t believe in it long term at all and hate what Ripple stand for, but it’s short term price action is the most bullish out of any top 10 projects because of the price suppression. $10 plus is not unrealistic for a coin that already has an ATH at half of that value and hasn’t gone close this cycle due to being removed from major exchanges. It has had some extremely large pumps in a short space of time before and it absolutely can again.
 
Ah, here’s the lecture again 🙄. I’ll just let the price do the talking in the coming months. Thankfully I didn’t believe you that we were diving into a 3 year bear market and did my own research to understand we were still in a bull cycle, and I have done far more research into the current market dynamics than you to understand XRP will unleash when the case settles.

It's not a lecture, it's expressing frustration that you're making comments like "You’ll be as wrong on this as you were about this bull market being over." when the bull market absolutely was over. The fact that you still can't grasp that the bull market ended when the price slumped 42% in a 4 week period, which turned it into a bear market, is absurd. I maintained my metrics of what BTC needed to do to get out of the bear market, and it went on to hit that at the end of July, which signifies another bull market. My current sentiment is 'spec buy' for a reason.

"I have done far more research into the current market dynamics than you" - Great, where's your business or finance degree from? I finished mine a few years ago, and oddly enough it didn't involve watching youtube videos from crypto spruikers.
 
The point was you never know when it will hit.

There's so much sh*t talked about crypto by people who are just guessing. So many wank price predications, so much shilling.
Agree with that. It’s good to follow social media to understand market sentiment, but analyze the trends yourself and understand what indicators work best for you to ensure you don’t get caught out by a major dip.
 
It's not a lecture, it's expressing frustration that you're making comments like "You’ll be as wrong on this as you were about this bull market being over." when the bull market absolutely was over. The fact that you still can't grasp that the bull market ended, it the price slumping 42% in a 4 week period as being a bear market is absurd. I maintained my metrics of what BTC needed to do to get out of the bear market, and it went on to hit that at the end of July, which signifies another bull market. My current sentiment is 'spec buy' for a reason.

"I have done far more research into the current market dynamics than you" - Great, where's your business or finance degree from? I finished mine a few years ago, and oddly enough it didn't involve watching youtube videos on crypto.
It was a mini bear market in the middle of a long term bull cycle, you were calling a 3-4 bear market. I’ll call out bs when I see it. Haha quoting your degree thinking that helps to make your point.
 
It was a mini bear market in the middle of a long term bull cycle, you were calling a 3-4 bear market. I’ll call out bs when I see it. Haha quoting your degree thinking that helps to make your point.

I was calling an extended bear market and was wrong about that, as it's spiked recently. That's not to say we still won't see a prolonged downturn at some point in the next 6 months. And yes, I will mention the degree as it's a piece of paper that shows I've actually studied this stuff at a university, not on Youtube, which is why I'm not making the same absolutely rookie errors that you're making and then telling me you've got me covered for understanding market dynamics. Everyone makes money in a bull market, even people who have absolutely no idea what they're doing.
 
I was calling an extended bear market and was wrong about that, as it's spiked recently. That's not to say we still won't see a prolonged downturn at some point in the next 6 months. And yes, I will mention the degree as it's a piece of paper that shows I've actually studied this stuff at a university, not on Youtube, which is why I'm not making the same absolutely rookie errors that you're making and then telling me you've got me covered for understanding market dynamics. Everyone makes money in a bull market, even people who have absolutely no idea what they're doing.
Who wouldn't anticipate a decent drop in the market within the next 6 months. In fact I would think most of us are counting on it at some point in that time

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Who wouldn't anticipate a decent drop in the market within the next 6 months. In fact I would think most of us are counting on it at some point in that time

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That’s the thing with bearish sentiment, with enough time of course you will be correct. There are a few thinking that cycles are extending, but that would go against history. I am not sure expecting to be holding any crypto early next year, at best I’m expecting alt season to last into November.
 
Who wouldn't anticipate a decent drop in the market within the next 6 months. In fact I would think most of us are counting on it at some point in that time

Clearly Baccs isn’t if he thinks XRP is going to hit $10 before it hits $1. Utterly delusional.
 
Clearly Baccs isn’t if he thinks XRP is going to hit $10 before it hits $1. Utterly delusional.
If you think XRP isn’t capable of pumping in a short space of time, then I question how much attention you paid in 2017 and whether you’ve been watching the markets recently (SOL a prime example). XRP reaching $10 plus this cycle absolutely depends on the case settling by October at the latest, with every indication so far that this will be the case. My stance changes if a curve ball delays the case concluding.
 
Most people who own XRP only own it because of the court case.

People aren't holding it because they know all about what it does or believe in it long term.

They just think it will pump if it wins and they want to be on it if it does.

If it gets a pump watch a bunch of people cash out.
I think it's utility is reasonable. Quite a few partnerships already in place.
 
If you think XRP isn’t capable of pumping in a short space of time, then I question how much attention you paid in 2017 and whether you’ve been watching the markets recently (SOL a prime example). XRP reaching $10 plus this cycle absolutely depends on the case settling by October at the latest, with every indication so far that this will be the case. My stance changes if a curve ball delays the case concluding.

C’mon man you’re naive, not dumb, we’ve been over this before. I accumulated XRP over a couple year period and sold it for a six figure profit during that 2017 bull run that you’re now telling me I didn’t pay attention to. Stop with the snarky comments.

I’ve also taken the time to post in this thread about previous XRP history and why former lawsuits had absolutely no effect on the medium to long price of XRP once they were resolved. Those posts aren’t for my benefit, they’re for yours, as I’ve held XRP through all of these situations before.

The court case isn’t a magical suppressant that’s holding down a tightly coiled XRP price that’s just waiting on the outcome to spring forth and surge 680%. It will be a blip on the radar at most, and beyond that the only chance XRP has of hitting $10 is widespread adoption by financial institutions, which they’ve been trying and failing to do for the last 5 years.
 

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