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re: Official CryptoTalk Thread
Posted on 7/12/21 at 9:48 am to Tiguar
Posted on 7/12/21 at 9:48 am to Tiguar
Technical indicators suggesting chaos soon.
We’re at a point the market either has to break up and out of resistance or get rejected and test critical support again.
It’s interesting because it’s timing itself with the major greyscale unlock this week. Personally I think we’re in the bear and it’ll reject, but if the people who think the greyscale unlock is bullish are correct, maybe it’ll push up? Dunno, I’m still bearish on this space.
We’re at a point the market either has to break up and out of resistance or get rejected and test critical support again.
It’s interesting because it’s timing itself with the major greyscale unlock this week. Personally I think we’re in the bear and it’ll reject, but if the people who think the greyscale unlock is bullish are correct, maybe it’ll push up? Dunno, I’m still bearish on this space.
2
Posted on 7/12/21 at 9:53 am to Tiguar
idk seems like everything is getting bought up quickly under ~$32k
my buy orders are all in the 28-31 range
my buy orders are all in the 28-31 range
Posted on 7/12/21 at 9:56 am to OneMoreTime
That's a good "safe" play. What's the APR like on that? Polycat just says "infinity%" lmao.
Posted on 7/12/21 at 9:58 am to Hulkklogan
Solana is primed to take over the smart contract world. Their product is superior in every way. We are talking NASDAQ speeds and scalability.
Posted on 7/12/21 at 10:01 am to Hulkklogan
quote:i’ve been in for about an hour, and extrapolated out, I would make ~7.5% today.
That's a good "safe" play. What's the APR like on that? Polycat just says "infinity%" lmao.
ETA: looks like it updated and they have it at 3.18% per day
This post was edited on 7/12/21 at 10:50 am
Posted on 7/12/21 at 10:15 am to rocket31
That's why I've always felt the bedrock of any "stable" crypto portfolio has to include Bitcoin. It's a proven commodity. You know what it is and what it does. You are only speculating on how the world around you will react to what it is and what it does.
DeFi is an interesting space, could be worth an absolutely absurd amount of money collectively; but it is you are speculating on the technology and where it goes as it evolves as well as speculating on how people are going to react to it. I think you want exposure for the potential gains there, but it isn't the bedrock. And I diversify across all of the DeFi plays instead of latching on to any one project because nobody really knows how its going to turn out.
Always been my stance. We shall see where it all goes.
DeFi is an interesting space, could be worth an absolutely absurd amount of money collectively; but it is you are speculating on the technology and where it goes as it evolves as well as speculating on how people are going to react to it. I think you want exposure for the potential gains there, but it isn't the bedrock. And I diversify across all of the DeFi plays instead of latching on to any one project because nobody really knows how its going to turn out.
Always been my stance. We shall see where it all goes.
Posted on 7/12/21 at 10:30 am to rocket31
Right now yeah under low volume. Bump up sell pressure to 70-80m/24h and it’ll blow through that down to 30k real quick.
Posted on 7/12/21 at 11:23 am to Tiguar
I pulled out of ETH for now. I’ll wait for a good re-entry point midweek/end of the week. Will go to Solano for now.
This post was edited on 7/12/21 at 11:41 am
Posted on 7/12/21 at 11:39 am to TheDuke5524
I’d keep an eye for 35-36k just in case. Never know what this market is gonna do
Posted on 7/12/21 at 11:47 am to Tiguar
Does anyone have access to Binance and can confirm there ise a market for ATMChain (ATM)? I realized I got an airdrop last year and if my screen isn't lying to me, that airdrop is now worth $1,000.
Posted on 7/12/21 at 12:01 pm to TigerTatorTots
Looks like it’s at around $9.80 if it’s the same coin.
Can’t find any other info about it. Looks like a dead project
Can’t find any other info about it. Looks like a dead project
This post was edited on 7/12/21 at 12:01 pm
Posted on 7/12/21 at 7:24 pm to OneMoreTime
MACD indicator on ETH 1day candle chart is indicating bad news bears if it doesn’t rebound beyond 2100 very soon.
This post was edited on 7/12/21 at 7:25 pm
Posted on 7/12/21 at 7:54 pm to Tiguar
Just wait till Tether implodes
Posted on 7/12/21 at 7:57 pm to Shankopotomus
I heard tether was going to $2 in October
Posted on 7/12/21 at 8:04 pm to Tiguar
What’s going on with ETH that everyone is bear on it all of a sudden?
This post was edited on 7/12/21 at 8:06 pm
Posted on 7/12/21 at 8:04 pm to Tiguar
I’m hopeful late night/early morning activity to drive it up some. But how about that APPL 2.5B BTC buy that Twitter was abuzz about? Lol
Posted on 7/12/21 at 8:12 pm to jimbeam
ponzi gunna ponzi
Posted on 7/12/21 at 8:13 pm to TheDuke5524
That would be bullish AF
People trust Apple
And truthfully — could make sense for them. Apple’s been FLUSH with cash on their balance sheet for years
ETA: after looking it seems to me that the rumors are based solely on Woz making nice statements about the mathematical miracle that is Bitcoin
Guess people forgot he doesn’t nor has he ever run Apple
People trust Apple
And truthfully — could make sense for them. Apple’s been FLUSH with cash on their balance sheet for years
ETA: after looking it seems to me that the rumors are based solely on Woz making nice statements about the mathematical miracle that is Bitcoin
Guess people forgot he doesn’t nor has he ever run Apple
This post was edited on 7/12/21 at 8:20 pm
Posted on 7/12/21 at 8:27 pm to finchmeister08
In reality, nothing.
Eth had some “hype” around 2.0 fork during a bear trend causing a temporary pause in the bleeding (which was due anyway because of how sharp it attacked 1700).
Now there’s MEV or whatever the frick FUD, which is a point of concern but not really a problem acutely.
The bottom line is markets loosely follow conservation of momentum and travel in sine waves.
This is not a parabolic phase. Whether you think we are in the bear yet or not, you have to admit we are definitely not in a parabolic phase.
Therefore, any sustained green must be followed by a sustained red. This is the principle in following MACD. The extent of green/red phases is determined by market sentiment.
Eth had some “hype” around 2.0 fork during a bear trend causing a temporary pause in the bleeding (which was due anyway because of how sharp it attacked 1700).
Now there’s MEV or whatever the frick FUD, which is a point of concern but not really a problem acutely.
The bottom line is markets loosely follow conservation of momentum and travel in sine waves.
This is not a parabolic phase. Whether you think we are in the bear yet or not, you have to admit we are definitely not in a parabolic phase.
Therefore, any sustained green must be followed by a sustained red. This is the principle in following MACD. The extent of green/red phases is determined by market sentiment.
Posted on 7/13/21 at 3:07 am to Tiguar
Sitting on a massive bag of Hex. Waiting on sacrifice phase for pulsechain.
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