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re: Official CryptoTalk Thread

Posted on 5/27/21 at 10:10 am to
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 5/27/21 at 10:10 am to
good point

I'm guessing we will inevitably get 50 different state crypto laws

I don't wanna live in Texas but it seems likely
This post was edited on 5/27/21 at 10:14 am
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/27/21 at 10:12 am to
quote:

Tiguar is 100% correct here. I don’t care what happened in previous runs, this one is different in many many ways
quote:

And who really knows, the big boys could be playing us all like a fiddle.


K
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 5/27/21 at 10:13 am to
Twitter thread on miners leaving china LINK
Posted by lsu777
Lake Charles
Member since Jan 2004
31575 posts
Posted on 5/27/21 at 10:31 am to
quote:

says that Texas is welcoming and open for business for bitcoin companies and investment

I read it as we are going to start mining bitcoin but idk



wouldnt surprise me to see large solar farms in next couple years powering huge btc mining operations.
Posted by 21JumpStreet
Member since Jul 2012
14659 posts
Posted on 5/27/21 at 10:44 am to
Solar and wind turbines
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43309 posts
Posted on 5/27/21 at 1:53 pm to
The Wyckoff video seems like it's not such a conspiracy theory anymore, even Coin Bureau is posting about it.

LINK
Posted by FlyinTiger93
Member since May 2010
3603 posts
Posted on 5/27/21 at 2:19 pm to
Apple looking for an "alternative payment" specialist. To the moon we go! Which platform will they choose?

LINK
This post was edited on 5/27/21 at 2:20 pm
Posted by dagrippa
Saigon
Member since Nov 2004
11305 posts
Posted on 5/27/21 at 3:35 pm to
quote:

wouldnt surprise me to see large solar farms in next couple years powering huge btc mining operations.


Elon is gonna have to send some tweets and destroy some poor people
Posted by James11111
Walnut Creek
Member since Jul 2020
4690 posts
Posted on 5/27/21 at 3:39 pm to
quote:

The Wyckoff video seems like it's not such a conspiracy theory anymore, even Coin Bureau is posting about it.

LINK


His last comments in that video are what I have been thinking the past few days. There has been an abundance of Crypto hit pieces put out. Just google bitcoin once a day and you will see 3-4 new hit pieces.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2890 posts
Posted on 5/27/21 at 4:18 pm to
Is Elon actively smearing Bitcoin to set up a campaign rally for his solar energy aspirations? And did he choose ONLY Bitcoin because he knows the market is unregulated and the community has no “leader”, thus cannot defend itself? That slick son of a bitch is pulling a 19th century style ruse
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/27/21 at 8:28 pm to
The depth chart for btc is stark.

Volume has picked up and the 37-38k buy wall is being eaten into.
This post was edited on 5/27/21 at 8:30 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/27/21 at 9:06 pm to
Btc clearly being manipulated. Buy orders moved up from 37500 37600 etc to 38000 when the existing ones are exhausted to keep the price as close to 38k as possible.

Sell orders doing the same thing in the opposing fashion.

Makes no sense to move a buy order up when the price is dropping unless you’re trying to keep it there for a reason.

I don’t know when the next shorts/longs or whatever expire and where they’re at but you can clearly see there are people with a lot of btc with a vested interest in keeping the price almost exactly at 38k tonight
Posted by 21JumpStreet
Member since Jul 2012
14659 posts
Posted on 5/27/21 at 9:09 pm to
Feels like all the big guys are saying do not buy it until we figure out if we should buy it or not
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/27/21 at 9:14 pm to
They are definitely trying to freeze it in a range for whatever purpose.

I’m trying to connect the dots. I think they’re enjoying swing trading alts and want this phase to last a little bit longer, maybe.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 5/27/21 at 9:15 pm to
I commented to my friends about the manipulation today as well. Nothing about this price movement feels organic at all.

Options expiry has a max pain price at 50k tomorrow. Doesn’t look like that’s happening obviously. I don’t really know what’s going on right now
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/27/21 at 9:19 pm to
I fully expected btc to have made a decision at this point. All signs pointed to a break up or down by now.

There are shenanigans AMOG US???
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 5/27/21 at 9:35 pm to
idk feel like I’ve woken up every day and the Asian market is driving it close to 40k and the American market wants it at 38k. All while the news cycle has started to turn bullish.

Dollars to donuts shenanigans are happening to allow people to get in cheap or profit off of some long/short positions but I obviously know frick all. I figured the max pain point on options expiry was a decent guiding light after nailing the movement for options expiry in recent months but it’s missing horribly for this month
This post was edited on 5/27/21 at 9:42 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43309 posts
Posted on 5/27/21 at 9:47 pm to
We getting into phase B?




This post was edited on 5/28/21 at 9:54 am
Posted by mtcheral
BR
Member since Oct 2008
1948 posts
Posted on 5/27/21 at 10:15 pm to
I'm gonna need a bigger screen to see all that.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 5/27/21 at 10:21 pm to
options expire tomorrow, if the trend stays the same we should we see number go up soon afterwards...

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