Cryptocurrency mega-thread

[bzparkes]

Everything pumps and then dumps, but only back a couple of weeks worth of profit.

My boy ADA crabs along for weeks, and the poor bastard still dumps.
They massacred him

 

[Pancakes]

View attachment 1268957

Oh i am, but not for ADA, **** that crappy stable coin.
I'm getting more ONE, back down 20%, it should recover that soonish.

 

[Bostonian]

Always suspicious that every coin drops at exactly the same time.

 

[bzparkes]

Always suspicious that every coin drops at exactly the same time.

Trading pairs tied with BTC is what causes it.

That and the morons who get their accounts liquidated because they're over leveraged.

 

[Bostonian]

Trading pairs tied with BTC is what causes it.

That and the morons who get their accounts liquidated because they're over leveraged.

**** trading pairs off then!

 

[Pancakes]

Oh i am, but not for ADA, fu** that crappy stable coin.
I'm getting more ONE, back down 20%, it should recover that soonish.

Actually now that i think about it, it is only 4.30am on the US eastern seaboard.
In about four hours they will wake up, and either buy the dip or panic sell.

I might wait until i see what way this is going, i don't want to buy the dip, and then find it is only the start of a longer dip.

 

[The Dice Man]

Oh i am, but not for ADA, fu** that crappy stable coin.
I'm getting more ONE, back down 20%, it should recover that soonish.

I did the same. 6/10 stop losses hit.. **** me. I’m at work on phone and not much has got done this morning.

 

[MirosWife]

Was good while it lasted guys. Stay safe

 

[Bostonian]

AAVE pumping hard in the dip.

 

[BACCS]

Yeah, hate it but it's funny to watch.

Two leverage flushes in the space of 12 hours, after everything had started pumping again. ETH even got back above 4300 at one stage. Only in crypto!

 

[BACCS]

Everything pumps and then dumps, but only back a couple of weeks worth of profit.

My boy ADA crabs along for weeks, and the poor bastard still dumps.
They massacred him

I’m ok with that, snapped some more up at about 1.90ish. Did not think I’d get many more opportunities below 2 bucks for this cycle, so definitely bought this dip.

 

[BACCS]

The move up in crypto is never a smooth one, people should have a look at some of the red daily wicks seen for major coins during March-May this year.

 

[BACCS]

100 billion flushed out of the crypto market during the past couple of hours

 

[Ghost Patrol]

Over 34,300 people have made the same spelling mistake today

 

[Pancakes]

SHIB starts to pump again, this thing can't be stopped

 

[BACCS]

SHIB starts to pump again, this thing can't be stopped

It didn’t really seem to be hit at all by that flush out of leverage from the market. Is it paired with the major coins like BTC and ETH? I know you can leverage trade with it, so just curious to find out how it managed to survive that dip.

 

[BACCS]

About 30 billion back into the market over the last hour

 

[bzparkes]

fu** trading pairs off then!

I can't

 

[Bostonian]

It didn’t really seem to be hit at all by that flush out of leverage from the market. Is it paired with the major coins like BTC and ETH? I know you can leverage trade with it, so just curious to find out how it managed to survive that dip.

It's not held by big whales perhaps.

 

[BACCS]

It's not held by big whales perhaps.

That did cross my mind. It’s definitely not held by any institutions, who control a lot of the price action with major coins. 50 of the top 100 BTC wallets are held by institutions.

 

[Bostonian]

George did a video on SHIB and he compared it to the ownership levels of DOGE compared to SHIB.

12:08.

 

[SA HAWK]

Pretty crazy, A mates mate has made over 500k from Shib this year, well needs to sell to be that far up but still crazy.

You would lose about 40% of that in tax though right?

Still a great profit.

 

[The Dice Man]

You would lose about 40% of that in tax though right?

Still a great profit.

40%?

What risk did the Government take to earn such profits? Surely there's ways around that. I believe I'm taxed at 30% where I am.

Does anyone know what happens tax wise if you move countries to a more friendly nation?

 

[The Dice Man]

Coinbase listing for FTM incoming?

 

[PoppedCorn]

Love george
One of three people ill listen to


Get on btc guys
Nov dec last year did 100% each
Alts will flow after imo
Apart from ada lol