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re: Official CryptoTalk Thread

Posted on 5/11/22 at 8:40 am to
Posted by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 5/11/22 at 8:40 am to
Tried to tell y’all when Luna was in30-40 range the other day. It’s over
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 5/11/22 at 8:42 am to
quote:

yalll trying to dunk on me when the entire market is in shambles lmao pitiful


To be fair, the entire market isn’t down 95%.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 5/11/22 at 8:45 am to
ha yea, i dont really feel much right now. maybe im just coping. maybe im just a psychopath, this should bring out some emotion though. im pretty much just like yeah, whatever.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 5/11/22 at 8:48 am to
tbf, with my early nft buys im still way in the green yoy - but thats not as good of a headline is it
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 5/11/22 at 8:53 am to
quote:

tbf, with my early nft buys im still way in the green yoy - but thats not as good of a headline is it



Not dunking on you, just pointing out Luna/UST is not exactly just a run of the mill downturn.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
14351 posts
Posted on 5/11/22 at 9:10 am to
quote:

right now is exactly when you want to get locked in to an ARM yup


Help me understand this. What makes you think rates will be lower when the rate readjusts?
Posted by BottomlandBrew
Member since Aug 2010
27248 posts
Posted on 5/11/22 at 9:18 am to
quote:

Sold at $2.65.


Ha, whoops. Shows how smart I am. Now at close to $5.
Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 5/11/22 at 9:20 am to
Atleast you bought
Posted by go ta hell ole miss
Member since Jan 2007
13686 posts
Posted on 5/11/22 at 9:20 am to
quote:

Help me understand this. What makes you think rates will be lower when the rate readjusts?


When rates are low you lock in. When rates are rising you get an ARM for a lower rate and take a risk the rates will go down over the next 3/5/7 years to lock then.

Octopus has me down pretty significantly in crypto. I am still buying BTC and SOL every month the same as when they were at 60k and 150. I still think these are discount buys for long term. If I were 65-75 years old I would be bitter, though.
Posted by go ta hell ole miss
Member since Jan 2007
13686 posts
Posted on 5/11/22 at 9:24 am to
quote:

Ha, whoops. Shows how smart I am. Now at close to $5.


I think if you take a 165% gain in less than a day nobody will question how smart you are. Nice play.
Posted by hiltacular
NYC
Member since Jan 2011
19709 posts
Posted on 5/11/22 at 9:24 am to
Bought Luna at $1 sold half at $5 lmao what a morning
Posted by BottomlandBrew
Member since Aug 2010
27248 posts
Posted on 5/11/22 at 9:27 am to
Good on ya
Posted by jmcwhrter
Member since Nov 2012
6612 posts
Posted on 5/11/22 at 9:29 am to
lol someone is UNLOADING at market price
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 5/11/22 at 9:44 am to
quote:

t also gives the government the example they wanted for why they need to come in and regulate stablecoins to protect investors.
I wouldn't rule out government (or similar) actionthat caused this snowball. It didn't take that much money for a major actor to cause this and now theres a perfect excuse to swoop in and regulate.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 5/11/22 at 9:46 am to
quote:

RIP Crypto , its over
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 5/11/22 at 10:28 am to
quote:

I wouldn't rule out government (or similar) actionthat caused this snowball. It didn't take that much money for a major actor to cause this and now theres a perfect excuse to swoop in and regulate.




Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 5/11/22 at 10:55 am to
Wonder how this affected luna nfts? Did floor increase?
Posted by castorinho
13623 posts
Member since Nov 2010
82099 posts
Posted on 5/11/22 at 11:07 am to
quote:

never thought you as such a degenerate
seeing slack buy xdoge last year and Luna now is pretty shocking
Posted by LordSaintly
Member since Dec 2005
39080 posts
Posted on 5/11/22 at 11:12 am to
quote:

Wonder how this affected luna nfts? Did floor increase?




For the blue chips, but not much else. People either raised the prices or they delisted.
Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 5/11/22 at 11:47 am to
Saw something going around that do kwon and co was also behind another failed stable coin called basis cash...
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