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9th February 2021, 15:37 | #481 |
HENCE WHY FOREVER ALONE
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I hope he keeps his Excel spreadsheet updated.
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Finger rolling rhythm, ride the horse one hand... |
9th February 2021, 15:42 | #482 |
Architeuthis
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Probably too busy shilling Doge.
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9th February 2021, 16:03 | #483 | |
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Quote:
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but what would I know? |
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9th February 2021, 16:27 | #484 |
Architeuthis
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Not really the same. Financial markets are subject to things like regulation, oversight and transparency requirements.
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9th February 2021, 16:31 | #485 |
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He is probably just loving the power he has.
A tweet here, and comment there and the market goes crazy. Imagine that. Buy a whole lot of a coin. Make a tweet. Sell the coin. I wonder if that would count as insider trading. Tell all your friends you are going to make a tweet. |
9th February 2021, 16:38 | #486 |
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All of which have been dysfunctional for at least the past decade (Thanks QE + Cantillon Effect + Stock Buybacks). I'm glad the SEC exists, but they are far from being effective.
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but what would I know? |
9th February 2021, 16:40 | #487 | |
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Stay shook. No sook. |
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9th February 2021, 16:44 | #488 | |
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but what would I know? |
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9th February 2021, 16:49 | #489 |
Architeuthis
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There are many other regulators like the CFTC, FDIC, FinCen, FINRA, OCC, state-level bodies, etc etc. In crypto there's absolutely nothing, and that's why cyber criminals are manipulating the market and printing money at will. Any company with exposure to this activity is foolish.
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9th February 2021, 16:51 | #490 | |
Architeuthis
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9th February 2021, 16:59 | #491 |
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If that function is to keep money in the right hands (i.e. not people who earn money through work), sure, I guess.
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Stay shook. No sook. |
9th February 2021, 17:16 | #492 |
Architeuthis
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Probably better discussed in a macro thread.
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9th February 2021, 18:31 | #493 |
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The first page I read about Tesla and Bitcoin references the SEC fine he faced when he tweeted about the stock price. He also had to step down as chairman of Tesla.
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9th February 2021, 18:47 | #494 |
Architeuthis
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9th February 2021, 20:24 | #495 |
A mariachi ogre snorkel
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And since there's no cap on the number of dogecoins that can be mined, the value of Doge will increase to INFINITY.
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9th February 2021, 22:48 | #496 | |
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Ξ √ Ω L U T ↑ ☼ N وكل يوم كنت تعيش في العبودية |
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12th February 2021, 10:33 | #497 |
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Lindsay Lohan dip is over. Bull market resumes
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but what would I know? |
12th February 2021, 15:04 | #498 |
A mariachi ogre snorkel
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Jeez it’s looking like one of those days.
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12th February 2021, 15:14 | #499 |
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The name of the game is "Don't Sell too Early". Devote all energy to scoping the top.
Like I said: my critical indicator is when my Mother in Law actually buys in. Then it's time to dump my bags
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but what would I know? |
13th February 2021, 01:05 | #500 | |
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Mark Richardson buys bitcoin |
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13th February 2021, 11:38 | #501 |
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Definitely a warning sign. I also saw Norm MacDonald has also bought in, made a DeFi joke.
https://twitter.com/normmacdonald/st...424820740?s=20 Market top signal intensifies. OTOH Taleb announced he is selling because "too volatile" and community full of COVID-denying idiots... https://twitter.com/nntaleb/status/1...992230919?s=20 Top reply recommends he read Antifragile. Zing Still, my indicator is specifically my mother in law asking about buying Bitcoin, then executing a trade. If she asks about TRON or BNB then I sell immediately after the conversation ends.
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but what would I know? Last edited by Nich : 13th February 2021 at 11:42. |
13th February 2021, 15:12 | #502 |
A mariachi ogre snorkel
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Coin of the day
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13th February 2021, 18:08 | #503 |
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Mark Cuban has gone down the DeFi rabbit hole. Going through the various applications vs traditional banking experience.
https://anchor.fm/thedefiant/episode...f-Value-eqam61
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but what would I know? Last edited by Nich : 13th February 2021 at 18:10. |
14th February 2021, 12:00 | #504 |
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What on earth is happening. Its been BTC has been steady for a bout days.
Im not used this stability |
14th February 2021, 22:34 | #505 |
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Rest time is over.
Just jumped $1,000 in 15 minutes, to new ATH, and $1k away from $50k, and US East Coast is about to wake up. We gonna be ok.
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but what would I know? |
14th February 2021, 23:48 | #506 | |
*flex*
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15th February 2021, 02:08 | #507 |
A mariachi ogre snorkel
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I have Binance open in a window while I work just to say I saw it hit 50K.
Edit: aaand that didn’t happen |
15th February 2021, 11:27 | #508 | |
Architeuthis
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Quote:
We're seeing exponentially increasing rates of USDT printing now: in the last week, billion-dollar blocks have minted out of thin air. Because USDT is mostly 'backed' by Bitcoin and not real dollars, the fraudsters have to print USDT in ever greater quantities to keep the price going up. If there's any downward price movement whatsoever, the 'peg' is lost. We will probably see 2, 5 and 10 billion dollar blocks minted soon. Let's take a look at how a billion-dollar block is distributed: From the Tether treasury, to scrambler addresses, to crooked exchanges, where the USDT is used to massively inflate the prices of Eth, BTC, and various others. Some is used to purchase Bitcoin directly, which is used to 'back' their Tether. It makes your fucking head spin. This scam will eventually implode under its own gravity, and any exchange with exposure to Tether will collapse - that's why Coinbase refuses to touch it. However, the prices of all cryptos will still crater. The only question is what the catalyst will be: most likely a multinational prosecution, similar to what happened with Liberty Reserve. |
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15th February 2021, 12:10 | #509 | |
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That's scary, and interesting, and confusing - but the question I have is, what happens after that? |
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15th February 2021, 12:20 | #510 |
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Nothing?
Crypto prices cratering wouldn't be a new event.
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Stay shook. No sook. |
15th February 2021, 12:41 | #511 | |
Architeuthis
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15th February 2021, 16:04 | #512 |
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As long as they keep printing USDT it will keep on going up and as long as the price of Bitcoin keeps going up then people won't want to cash out to USD.
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15th February 2021, 17:46 | #513 |
A mariachi ogre snorkel
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BTC has gone back to sleep...
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16th February 2021, 11:55 | #514 |
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power nap
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but what would I know? |
17th February 2021, 02:20 | #515 |
A mariachi ogre snorkel
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aaaaaand that's fifty!
edit: aaaaand here come the bots selling up! |
17th February 2021, 10:59 | #516 |
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Big sell wall, one bite at a time. Gonna churn some BTC to those who need it.
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but what would I know? |
17th February 2021, 15:44 | #517 |
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Naw I missed it
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17th February 2021, 16:15 | #518 |
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Edit: Ok I've seen it now. Will be interesting to see how it settles.
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17th February 2021, 20:30 | #519 |
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hold onto your butts....
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but what would I know? |
18th February 2021, 12:48 | #520 | |
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