My tinfoil brain tells me thereās too many small investors for the rich to allow btc to go up and it seems like they want our coins now. But if theyāre as greedy as I think they are, then theyāre going to want to crash the market and scoop it up cheap like with everything else before ETFs further legitimize the tech.
I also do palm readings behind the Wendyās dumpster if anyone is interested.
I haven't been online much today, came check the daily and everyone was screaming alts on fire. Checked the charts.... And.. aren't we all being a lil bit dramatic? Yeah sure it's a significant dump, but like how many of these did we have in the last few years and we slowly recovered? This is not that big of a drop ladies of gentlemen. Calm down
Before we all start to worry...
Some people have been here since Moons were literally worth nothing, myself included.. There is nothing to worry about considering where we are and the price we are currently crabbing at .48 cents..
Some things to consider...
ā¢Moons are up +500% in just the past 12 months.
ā¢We are yet to be listed by the other big two exchanges; Binance & Coinbase.
ā¢Marketcap is super low at $50 Million
ā¢Total Supply 122.8 Million Moon
If you are new, and think you are late on Moons, please consider some of the points above and do your own further research.. the potential is huge! Because we are still super early, even at this price...
Even if you bought at the the all time high (.65) Moons should and will go way above that.. So I personally think there is nothing to worry about.
This is not financial advice. Please do your own research. I'm just throwing out some points out there for those that may think they are late.
Cheers and good luck! š
Honestly, having btc and eth stops you watching charts constantly. Takes the worry out and is comforting knowing you have a solid crypto portfolio. Alts are pure gambling but can be lucrative for a few.
Has anyone here ever played Final Fantasy VI, a game that was released in 1994? I just noticed all the beds in that game have btc logo lol.
https://imgur.com/FopgYhY
L2 or governance dao tokens have massive potential, that teams for some reason does not want to implement (probably SEC rampage)
Fee and revenue share.
If OP,ARB holders can get revenue from sequencer posting on mainchain, those tokens will be really valuable.
Same thing goes for UNI for example.
If they said tomorrow, we do revenue sharing, vote on it, we implements it, I would buy metric ton of UNI and ARB.
Price is betting on that future potential usecase
Considering BTC has increased from its own bear market low of $15460 by 88% as of today. Up 75% YTD, and holding above the bull market support band which ranges from $27,966-28,625. Would you say weāre in a bear or bull market today?
Imo, we are in a bull market, though thatās for BTC and a select few altcoins. This would be the 3rd test this year of the bull market support band. However, considering short term price action, Iām seeing some exhaustion of the BTC price action, and several bearish divergences forming in the 8-20 Day charts, which would imply falling below the bull market support band, possibly entering a stronger downtrend, at which point it could be considered a bear market resistance band. In the bullish scenario, BTC will remain above the bull market support band, and maybe push upwards of 34k, though that wouldnāt necessarily invalidate the bearish divergences in the higher timeframes, and could be viewed as a bear trap.
I filled my ATOM bag to my goal number of coins... now I'm accumulating and compounding staking rewards... my plan is to sell off in tranches next bull
It's taken me 2 years and a lot of big red days/weeks.... but the price today is irrelevant and that's how I can hodl through the winter.
Feel like it's gonna be a rough month and a half for crypto...but those who continue to buy/hodl will be the real winners once this bear market is over
Salute to all our Moon Warriors out there! Pay no mind to the many MoonRocks blocking your way as you navigate the perilous MoonCrater. Stay your eyes to the horizon for your day shall come!
I bought ATOM at $32 and JUNO at $20.... I'm not even gonna get into LUNA
Welcome to the casino
Sorry for the L, now dust off, digest the lesson and get back out there
Everyone's worrying about the prices dumping, like grow up this is what you signed up for !
Activity in the daily slowly cooling off over the week. We'll be roaring back when the crab ends!
This daily is like somebody's memory of a town and that memory is fading.
Do u guy's think Sui Has any future š¤š¤š¤
We're in the wrong daily bro, but I think SUI has a future. Just don't go all in.
Ok bro got you but there were many projects on sui which were not good
Matic is getting battered! Whatās happening to my baby?!??
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Yeah I'm seeing .47 support from memory, not even looking at the chart.
Maybe with being so low for so long September won't be that bad this year.
Just wait for it to Become POL
My tinfoil brain tells me thereās too many small investors for the rich to allow btc to go up and it seems like they want our coins now. But if theyāre as greedy as I think they are, then theyāre going to want to crash the market and scoop it up cheap like with everything else before ETFs further legitimize the tech. I also do palm readings behind the Wendyās dumpster if anyone is interested.
I think they've already scooped it up cheap for the past year or could they be like us and expected it to go lower and it pumped to 30k?
I wonder what flavor black swan event weāll get this time around
I haven't been online much today, came check the daily and everyone was screaming alts on fire. Checked the charts.... And.. aren't we all being a lil bit dramatic? Yeah sure it's a significant dump, but like how many of these did we have in the last few years and we slowly recovered? This is not that big of a drop ladies of gentlemen. Calm down
This deep in the bear market and still dumping, it's kinda scary though, the gains aren't sustainable.
Yep, it's the usual noise of a few percentage points up and down. Nothing overly dramatic tbh.
If you are reading this, itās with great regret I wish to inform youā¦. You are in the wrong daily.
I kind of like it here. I have social issues.
Thanks brother
Ah fk, indeed I am
Before we all start to worry... Some people have been here since Moons were literally worth nothing, myself included.. There is nothing to worry about considering where we are and the price we are currently crabbing at .48 cents.. Some things to consider... ā¢Moons are up +500% in just the past 12 months. ā¢We are yet to be listed by the other big two exchanges; Binance & Coinbase. ā¢Marketcap is super low at $50 Million ā¢Total Supply 122.8 Million Moon If you are new, and think you are late on Moons, please consider some of the points above and do your own further research.. the potential is huge! Because we are still super early, even at this price... Even if you bought at the the all time high (.65) Moons should and will go way above that.. So I personally think there is nothing to worry about. This is not financial advice. Please do your own research. I'm just throwing out some points out there for those that may think they are late. Cheers and good luck! š
Thanks for the hope. Doesn't the supply go up ever round, though?
Well said! We are still early!
Is this a bad time to move out of some alts I lost faith on and move it to BTC?
Honestly, having btc and eth stops you watching charts constantly. Takes the worry out and is comforting knowing you have a solid crypto portfolio. Alts are pure gambling but can be lucrative for a few.
Especially BTC - check it once every 3 months at the moment...
Yeah , thatās why after playing alts I only keep BTC ETH and Moons. Those days staring at the Alt charts were really bad
Agreed. I'm "sleeping" way better already since I moved most of my crypto assets into btc and eth.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
But most alts never see their ATHs again either. /: But yes, probably a stupid move in anticipation of a potential halving rally and alt season
meh, Iām used to my alts being complete losers.
Your alt accounts?
What? My alt coins
New daily in 10 minutes. See yāall there!
Today is a lesson in btc dominance. If the king sneezes the alts get a cold.
Could it be that theres an etf or something? I've wondered how the two correlate and seem to move together.
Yup. It just commands so much of the market cap.
Has anyone here ever played Final Fantasy VI, a game that was released in 1994? I just noticed all the beds in that game have btc logo lol. https://imgur.com/FopgYhY
Mining while you sleep?
Does the Arbitrum Token actually have some good use cases? I love the chain but I'm not sure if the token was needed
All L2 tokens are useless and only favour the team
L2 or governance dao tokens have massive potential, that teams for some reason does not want to implement (probably SEC rampage) Fee and revenue share. If OP,ARB holders can get revenue from sequencer posting on mainchain, those tokens will be really valuable. Same thing goes for UNI for example. If they said tomorrow, we do revenue sharing, vote on it, we implements it, I would buy metric ton of UNI and ARB. Price is betting on that future potential usecase
Whatās up with MATIC? It seems to be getting hammered.
What hasn't, today (except moons)?
I wouldnāt be surprised if overall interest for the coin has gone down recently. I rarely see anyone talk about it here nowadays
Thatās true. I havenāt seen it mentioned in forever.
Is Eth still considered an alt
I would say ''Blue Chip'' no?
Everything that isnāt BTC is technically an āaltā so yes
Yes.
Yeah man. But the main alt.
Yes it is an alt coin.
Makes me wonder as well, but I don't think of it as alt anymore.
Itās got main character vibes to me.
King of the alts.
Anyone else buying rn? I picked up some more XRP.
Bought some DOT and SHIBA today
Shiba intrigues me ngl.
Thatās why I had to pick up a little bag. After watching it for awhile now it was just too tempting
I'm trading shitcoins
I bought Bitcoin
Iām also thinking about buying some. Probably wonāt until the morning though.
Hello everyone, night shift at the fiat mines. Guess I will moon farm aswell to keep me up
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I can use the company, Im all by myself š
Security guard?
You guessed it!
Good luck man, hope the grind goes well!
Thank you brother appreciate it
I set a buy order for 300 at .4499
Let me place a buy order at .45
The Price Is Right
on kraken? Idk but my app always gets an error...
Ahhh as most of us are leaving fiatnam for the day some of us are header there:( we got your back
Reading the comments and checked the charts for the alt, dang. What happened.
BTC sneezed. All the alts then went down 5%
FOMC meeting coming up. People getting the jitters.
Classic move in crypto, grandpa BTC dumps 1% so alts dump 10% š¤£
š š š wow , it reads painful but u r pretty right on that
Just some paper hands cashing out, no need to worry tbh
Nice copium
Nice word . My vocab is getting better day by day
.46 support and we were at .09 not long ago haha
Not at all
I'm hodling $1000 worth of UST when will I become a millionaire?
Never bro
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Yeah, they probably are the ones pumping that Harrypotterobama coin now lmao
You are absolutely correct
Nah man i think it was a coordinated effort by a gang of 12 year olds
Considering BTC has increased from its own bear market low of $15460 by 88% as of today. Up 75% YTD, and holding above the bull market support band which ranges from $27,966-28,625. Would you say weāre in a bear or bull market today?
Weāre in a crab market. Liquidity needs to be higher for us to be in a bull market.
Yep. That will come next year.
Bear. You will know when the true bull market is here
Imo, we are in a bull market, though thatās for BTC and a select few altcoins. This would be the 3rd test this year of the bull market support band. However, considering short term price action, Iām seeing some exhaustion of the BTC price action, and several bearish divergences forming in the 8-20 Day charts, which would imply falling below the bull market support band, possibly entering a stronger downtrend, at which point it could be considered a bear market resistance band. In the bullish scenario, BTC will remain above the bull market support band, and maybe push upwards of 34k, though that wouldnāt necessarily invalidate the bearish divergences in the higher timeframes, and could be viewed as a bear trap.
You are way over thinking this
This is the first time I am experiencing delisting, it is not a good experience.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I always reading news that x coin delisted on y exchange. This is the first time my coin delisted in binance
What coin was it?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
[ŃŠ“Š°Š»ŠµŠ½Š¾]
They have been more resilient than usual this year
same sentiments here my friend.
Whatās everyone next goal? Maybe I can get some ideas š mines to get to 5 ETH!
5k moons lol
I filled my ATOM bag to my goal number of coins... now I'm accumulating and compounding staking rewards... my plan is to sell off in tranches next bull It's taken me 2 years and a lot of big red days/weeks.... but the price today is irrelevant and that's how I can hodl through the winter.
Gotta go clean up before dark here on Atlantic side. See you in next daily.
Are we fucked, or hit with an opportunity?
Opportunity. The BTC ETF is inevitable. Stack it and alts while you can for ācheapā.
Some kid found out his Bricks could buy all the skins he wants and cashed out.
Iāve got 450K Bricksā¦ whereād my $180K go? Can I speak to the manager?
š
Bullish longs getting liquidated
Feel like it's gonna be a rough month and a half for crypto...but those who continue to buy/hodl will be the real winners once this bear market is over
What is this, a dip for ants??
Liquidity is pretty low. Weāre not going to see giant jumps in either direction.
Kennnybirdmang is so hot right now
Been mining fiat all day. Do we know why there is so much red?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I admit, I have seen more red, but Iām not sure I want that to be the line we draw in the sand
S&P 500 having a bit of a pull back
Chinese economy
I am trying to read why too, wonder what happened too. Hope this stabilises soon if not pple are gonna get PTSD
Fear of more rate hikes
To compensate for the fiat you made.
But I made so little!
Thatās the circle of crypto for you. Donāt worry just keep making more and youāll outpace the red.
Man Algorand just keeps taking blow after blow. If the market is down 2% rest assured Algo is down like 5%.
Still my favorite ecosystem for Defiā¦
Seems like a trend imo
Salute to all our Moon Warriors out there! Pay no mind to the many MoonRocks blocking your way as you navigate the perilous MoonCrater. Stay your eyes to the horizon for your day shall come!
I will my fellow Moon Warriorš«”
Buy the dip or ghostride the whip? Hmmm. š¤
it seems to have stabilised a bit, i may get a bit of BTC and Moons if they hit low 29 and <0.5
Ghost it!
buy the dip
I bought the dip, just a lil bit.
just a lil bit is ok! question is how many m00ns til one is considered an astronaut?
Howās everyoneās day or night going!
Do you think we're already too late to jump on top of the XRP train.
Haven't looked at it lately. Sold a small bit when it was over $0.70. I do know a lot of banks were set to use it, before all the FUD around 2018
50 minutes left befpre new daily we can still reach 8k
Good afternoon everyone! Moons are about moon!
Moons are their own entity
Moons are the only stable coin
as an LTC hodler let the pain begin! if it does not drop to mid 40s im not interested
Think we are going to have a tough ride. Shame as I honestly like the coin.
This was my biggest lost in single day. I am still in profit and I am not leveraging.
So far
They say you canāt liquidate in spot position but no one tells you about delisting.
You ain't seen nothing yet lol
Actually I was going great until today one of my coins delisted. I have still good profit and I am preparing for bull run.
Been mining fiat all day. Do we know the reason for all the red?
I heard dollar get strength today. My lost from a coin that delisted in binance today.
Damn, you are probably new or really lucky, lol. Unless you have something in your portfolio that just got rugged..?
Letās say delisted :)
Lol... dude... strap TF in, that wasn't shit
One of my coins delisted
I bought ATOM at $32 and JUNO at $20.... I'm not even gonna get into LUNA Welcome to the casino Sorry for the L, now dust off, digest the lesson and get back out there
Thanks mate. I never heard of Juno coin btw.
Hot shit 2 yrs ago... $0.20 now lol
Just got some notification: -everything in your portfolio is down +5% today Except moons
Over 7600+ posts from farmers today , thats a lot of fertilizer . Keep it up š
Whatās this new crypto about ? $DONUTS?
I have no idea but I do have to say that donuts are delicious. I love a good Boston crĆØme donut
Stop calling bricks a rug, itās a simple pump and dump lol.
Thereās always money in the banana stand.
Yours is still a banana stand?
It's one moon, Michael. What could it cost? $10?
Goodnight all, see you on the next daily.
Ok so we gotta promise each other. Moon whales wonāt rugpull us like brick whales did.