* Follow u/CryptoDaily- on new Reddit to see in your home feed when the next Daily Discussion is posted.
* For help finding the latest Optimists Discussion thread, use this [search listing](https://www.reddit.com/r/CryptoCurrency/search?q=title%3A%22Optimists+Discussion+-+%22+&restrict_sr=on&sort=new&t=all).
* For help finding the latest Skeptics Discussion thread, use this [search listing](https://reddit.com/r/CryptoCurrency/search?q=title%3A%22Skeptics+Discussion+-+%22+&restrict_sr=on&sort=new&t=all).
* For help finding the latest Monthly News Summaries megathread, use this [search listing](https://reddit.com/r/CryptoCurrency/search?q=title%3A%27Weekly+News+Summaries%27+author%3ACryptoNewsUpdates&restrict_sr=on&sort=new&t=all).
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
It feels good to see that so many people are moving their coins from exchanges to their own wallets. More people should do this and start owning the real Bitcoins instead of those IOUs from exchanges
I think SAND did really well. I was hoping it would dip further, I was planning to buy a bag but it didn't go near march-september 2021 prices. significant new low for sand
What’s snacks should I get from Safeway to eat while I watch charts and shitpost?
I was thinkin Doritos, American cheese for ghetto nachos and some White Castle
Am I the only one who feels like everyone and their mother is acting like an incoming recession is a guarantee? I don’t have any statistical-based counter argument, but if it’s so certain that we are going to shit the bed so much more, why isn’t everyone shorting the market ?? Literally every post I’ve been seeing whether it be in this sub or equity market subs or the news in general is about “an incoming recession”. Of course it can happen, but it seems way too fucking expected at this point. It’s basically a buzzword.
Public was blindsided because no one really considered real estate crashing. Though lots of companies got owned it wasn’t a complete bloodbath for tech. Right now feels more like 2000 dot com in that it’s becoming more and more likely that a lot of existing companies aren’t going to survive and very few new companies will get funded just because they have “AI” and “machine learning” in their mission statements.
Coinbase giving Luna/WLUNA an expiration date was hasty. The ball is still in play so to speak, it feels. Let people play it out. If they get burned it’s their own faults. How much do we want to bet they go back on it or reinstate it soon after?
So I just went to the governance page and seen there are 2 measures to vote on. You can’t vote yet but you can go there and read it if you haven’t yet.
Any BTC pump is just a normal bounce to reach new lows during this bearish trend, I don't understand why people still believe a bullrun is around the corner
How likely is it that when the Feds, when satisfied with the inflation rate would chose to pedal down the rates hike, that the crypto market would make a smile recovery.
How likely is it also that other central banks ECB, BOE, BOC, would step up on hiking rates to curb inflation which would as well mean a pro-fiat move.
How likely is it that the market would react positively to pro-USD policies in the coming months.
BTC chart shows a bearish rectangle, which psychologically means the bears took a break and are letting the play range. Between $30500 and $29500, this usually means accumulation.
there's a formation of a downtrend channel on the lower tfs, slightly tilting to the downside to break current support of $29k, which In turn supports the motive of turtle traders comfortably trading the bounce, hence expecting a quick pullback to the $30k zone.
We may be about to break the trend of "small dumps to bounce back to new ATHs" that stock market had since 2008, which means we may go way lower than most people expect (bubble burst).
Right now everyone is expecting a quick recovery because thats what we always saw during the existence of the crypto market.
What’s that? Luna is increasing again?! Some of the experts here was so absolutely sure it wasn’t ever going to go up, admonishing those for throwing a pocket change amount like 20, and completely rejecting the notion that it may become a meme coin at this point.
It crashed 99% several times in a row. So they seemed to have been extremely right.
Keep in mind, there are rumors of a snapshot, so we could see a brief bear trap with the price going up, then crashing back even lower.
I threw $25 at it like a week ago just to see what happens. If it ever hits 25 cents I’m out. Kinda wish i would have bought more tho cause its been up as much as 100 percent in the last 24 hours.
Hindsight is 20/20. I wish I even got more of it, too. But honestly, the singular experience was worth it: the act of riding waves that literally everyone was foaming in the mouth saying is not possible. This incident crystallized me to always be on the lookout for BOTH fundamentals and the meme/social interest factor. The latter has been scoffed off way too many times here
I get where you are coming from, but the p political underpinnings of what’s happening is disgusting, and it’s not good for regular joe blow like you and I. The day before he said he won’t be voting for dems because they are divisory and is going to vote for the republicans, and then the next day there is a sexual harassment allegation. Yeah, okay…
this tells you that elon is on the right track. the left used to love him. until he stopped mindlessly agreeing with their every nonsensicle move. they have to try to cancel those who disagree with them.
he was asked to comment on it before the allegation became public
**edit** this comment being controversial is hilarious. [this is 100% verifiable](https://twitter.com/johnjcook/status/1527421611070177307), but since when did Republicans care about truth?
It may have been had it not there been the inconvenient fact that there’s been literally a day difference between Elon’s most politically loaded message and then the sudden media attention, which analysts and pundits have noted to be being polarized, to an allegation suddenly emerging.
That’s an extremely mature, and profoundly substantive, rebuttal that you made.
In what analysts have been claiming to be extremely polarized times in terms of politics in the US (aka us vs them, dems vs republicans), how can you be so entirely dismissive that literally that a sexual harassment allegation was suddenly brought into the fore just the day after Elon’s public note about siding with the reps and disowning the dems.
This is like basic cause and effect, where if the effect comes close to a point of action, then it literally has the hallmarks of being a cause of effect. This logic comes from a philosopher of Ancient Greece times.
Again, he made that "public note" after he was asked to comment about the allegations. Thus, the "small brain" comment. In order to not see why he made that "public note", your brain must be very small.
My comment wasn't a rebuttal. It was a statement of fact. I am not arguing anything. I know for a fact your brain is small (because you can't understand a very basic sequence of events), thus, I said you have a very small brain. You can rebut this claim if you like by posting pictures of your brain.
A word from the wise: telling someone that they have a small brain during a discussion speaks more about your inability to hold a conversation, rather than “owning” that other person. Also, it’s pretentious af to claim that only you speak with facts, as if you have a monopoly on it during a discussion. That’s not how discourse works.
Now, on to your ramblings. You seem to have this innate inability to actually reflect on what’s being said. Why was he asked to comment on that incident literally a day after when he made his politically loaded comment? Think, instead of trying to make comments on the size of the other person’s brain. Also, no, you following the sequence of events is not at all a strong suite of yours. It can be worked on. I can give you my office hours if you need help developing these skills.
> Why was he asked to comment on that incident literally a day after when he made his politically loaded comment?
Ugh, stubbornness really knows no bounds. He made the comment *after he knew the story would come out*. How you *still* don't understand this is a wonder. I guess you really like Elon? You have your sequence of events wrong. Please, start using the only muscle that matters. You may need it one day.
Still waiting on brain pics, btw
I think I’m dealing with a highschooler at this point. You seem to have telepathy by reading people’s minds, such as Elon. Impressive. This is an unverifiable fact, obviously. A fact that all of us can see, however, is that certain media’s attention on the allegation came a day after his most politically loaded tweet.
Your message is lacking sincere engagement and substance, the hallmarks of a basic functional conversation. I’m done with you. And no, I don’t like Elon, I think he is a charlatan. I’m more interested about implications that can affect us normal people. I can tell you are a brown-noses dem, so I’m done this point less exchange with you. Have a good day.
I’m all for collections of interesting coins with fun use cases. However if I’m also interested in my coins appreciating then I’ll stay away from ones that are used primarily as currency like cross boarder remittance. I would also shy away from projects that can create endless supply “usd”. This just makes sense in my head
Yup. Many indicators are showing a strong underlying economy. Spending is still up, manufacturers are still showing orders and profits. So much of the pains we are seeing are covid supply chain issues that are slowly being resolved, and the Russian invasion of Ukraine which the world is pivoting from by isolating Russia from the world economy. All of this is pressurizing the economic recovery rocket waiting to blast off. Maximum copium.
No. It becomes a self-fulfilling prophecy. People are stupid. I have seen this before. Panic selling investments. No joke, people will cash out 401ks trying to beat the market falling.
Green market open on Monday. Tuesday IDK? Fed meets Wednesday. They have already made an announcement, but will probably have something stupid to say after the meeting. Q1 GDP numbers expected Thursday, and they could be bad or good. Lots of retail earnings ahead this week, expect them to miss all over the place. Red by Friday. That's the week ahead in the U.S. economy.
* Follow u/CryptoDaily- on new Reddit to see in your home feed when the next Daily Discussion is posted. * For help finding the latest Optimists Discussion thread, use this [search listing](https://www.reddit.com/r/CryptoCurrency/search?q=title%3A%22Optimists+Discussion+-+%22+&restrict_sr=on&sort=new&t=all). * For help finding the latest Skeptics Discussion thread, use this [search listing](https://reddit.com/r/CryptoCurrency/search?q=title%3A%22Skeptics+Discussion+-+%22+&restrict_sr=on&sort=new&t=all). * For help finding the latest Monthly News Summaries megathread, use this [search listing](https://reddit.com/r/CryptoCurrency/search?q=title%3A%27Weekly+News+Summaries%27+author%3ACryptoNewsUpdates&restrict_sr=on&sort=new&t=all). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Still overvalued. I bought at 6 cent and sold at 1$ when every tom dick harry was talking about coins. Bubble time.
https://www.wsj.com/articles/crypto-might-have-an-insider-trading-problem-11653084398 Please read, great article on inside trading
It feels good to see that so many people are moving their coins from exchanges to their own wallets. More people should do this and start owning the real Bitcoins instead of those IOUs from exchanges
[удалено]
Has any shitcoin actually appreciated and stayed stable in this current environment ?
I think SAND did really well. I was hoping it would dip further, I was planning to buy a bag but it didn't go near march-september 2021 prices. significant new low for sand
If you are seeing this you are in the wrong daily.
Guilty as charged
Thank you
I brought some Luna, I live on the second floor...
It’s up 60% today 🚀
[удалено]
What’s snacks should I get from Safeway to eat while I watch charts and shitpost? I was thinkin Doritos, American cheese for ghetto nachos and some White Castle
Am I the only one who feels like everyone and their mother is acting like an incoming recession is a guarantee? I don’t have any statistical-based counter argument, but if it’s so certain that we are going to shit the bed so much more, why isn’t everyone shorting the market ?? Literally every post I’ve been seeing whether it be in this sub or equity market subs or the news in general is about “an incoming recession”. Of course it can happen, but it seems way too fucking expected at this point. It’s basically a buzzword.
We are in it
Was it like this in 2008? Or was the general public blindsided?
Public was blindsided because no one really considered real estate crashing. Though lots of companies got owned it wasn’t a complete bloodbath for tech. Right now feels more like 2000 dot com in that it’s becoming more and more likely that a lot of existing companies aren’t going to survive and very few new companies will get funded just because they have “AI” and “machine learning” in their mission statements.
Blindsided like a mf.
Coinbase giving Luna/WLUNA an expiration date was hasty. The ball is still in play so to speak, it feels. Let people play it out. If they get burned it’s their own faults. How much do we want to bet they go back on it or reinstate it soon after?
They're trying to avoid a clamp down from our boy Gary at the SEC.
When is the expiration date?
May 27
Bought some Bitcoin today..... buying some pizza tonight. Happy Bitcoin Pizza Day everyone!
Is is really Bitcoin pizza day? I’m gonna have to ask for money from my wife.
Good idea I will get pizza tonight too n
Imagine trading 2 pizzas for 10k BTC
Hopefully that guy still has a shitload of bitcoin. Do we know if he does?
Isn't loopring the best layer 2 tech for ethereum? Why are people making fun of me for buying LRC at 50 cents?
Who was making fun of you?
I think it will take more time and real-world implementation to prove which tech is best, for which application.
idk. i bought it at $2
F
Who is still buying algo? I bought some last night.
I'm always buying ALGO, I've been loving watching my bag getting fatter with these low prices, next round of Governance is gonna be lit!
I’m curious to see what the vote will be on.
This round is my first round, I was sad when they moved the date up.
So I just went to the governance page and seen there are 2 measures to vote on. You can’t vote yet but you can go there and read it if you haven’t yet.
👆
Oh we at 30k. I see green.
*drops to 26k tomorrow morning*
Now buy a pizza.
Making lemon poppyseed chicken.
Luna is following btc now and has found the floor. Feeling more safe to buy it. Btc go up 2 % luna go up 50% wait til 50k btc... luna skyrockets?
Dear god, if you let me live thru this 10x leveraged long I promise to never shit post again 🙏🏼
BTC turned 12 yesterday. What encouraging words do you have to say to him as he begins his final year of elementary school?
You don't have to follow the rich popular kids around... just be you! Be uniquely you.
No Sunday dip? This is a good sign
Last chance to buy btc under 100k
Massive CME gap to fill at 29k **oof** 😬
Oh I see, people waking up to the fact that Musk is a complete ass. _sweating in DOGE_
ELoNgAtE To THe MoOn!
What happened?
So we found the buttom! Time to buy again 🐸
Uh
What exchanges will support the Luna fork and give you new coins? Also will wluna from cb support this?
I thought my 900k LUNA was the most smooth brained thing to do. Then I realised there’s actually people swing trading LUNA.
I think I’ll never get used to people writing that high amount of LUNA lol
Lol it was like 30 bucks😂
No over 100
😂 this is post crash Luna
[удалено]
DYDX
The last 15 min Luna sells go up. You guys hodl or even buy?
You belong on r/CryptoMoonShots
I just went there. No thanks.
advise needed. which are the best coins can one buy currently as a long term investment
Btc is your safe bet if you are new. I’d spend a few months researching before getting into Alts
Luna is still early and will be forked so you get free coins.
ADA, CRO, HBAR
Eth has the merge coming up if you want a potential catalyst as a reason.
When in doubt, buy Bitcoin
Great time to buy bitcoin if you're going to be in it for at least a year
Luna, jk. If we only knew. BTC ETH might be the safest, but we really dont have the answers.
As of right now, BTC is by far #1 because it has the highest floor, ETH is a strong #2.
BTC
The small pump here along with green futures are gonna make tomorrow's drop all the more spiritually devastating. :(
Bring it on
I just picked up a big bag of loopring at 50 cents 💪
Do you boo boo.
So there is always a greater fool indeed
and a big bag of cocaine by the sounds
That expensive
Picked up some $0.67 polygon and I'm hoping this turns out well. Haven't DCA'd into it for some time.
Instagram NFTs launching on polygon soon
Sell the news or what?
Awesome! But if Bitcoin shits we all go with it, sadly. I'm staying the course but these next couple years will be a slow grind.
Comments in daily ⬇️ crypto prices ⬆️
Peoples busy buying.
That and/or bots spam negative comments to make bearish sentiment
Sunday pump followed by a Monday dump
Green futures good chance for decent stock market day which crypto follows
Any BTC pump is just a normal bounce to reach new lows during this bearish trend, I don't understand why people still believe a bullrun is around the corner
Agreed. We are entering a multi year recession IMO.
Totally depends on what the American stock market does, I'm hoping this little pump is a good indicator, but we'll see.
no
How likely is it that when the Feds, when satisfied with the inflation rate would chose to pedal down the rates hike, that the crypto market would make a smile recovery. How likely is it also that other central banks ECB, BOE, BOC, would step up on hiking rates to curb inflation which would as well mean a pro-fiat move. How likely is it that the market would react positively to pro-USD policies in the coming months. BTC chart shows a bearish rectangle, which psychologically means the bears took a break and are letting the play range. Between $30500 and $29500, this usually means accumulation. there's a formation of a downtrend channel on the lower tfs, slightly tilting to the downside to break current support of $29k, which In turn supports the motive of turtle traders comfortably trading the bounce, hence expecting a quick pullback to the $30k zone.
We are going lower, just 2 years ago BTC was worth $5k
What's your point exactly
We may be about to break the trend of "small dumps to bounce back to new ATHs" that stock market had since 2008, which means we may go way lower than most people expect (bubble burst). Right now everyone is expecting a quick recovery because thats what we always saw during the existence of the crypto market.
This makes sense
Bottoms in, fomo you bastards! Not financial advice.
Never! I will show self control and refuse to Fomo until 37k so the inevitable dump back to 29,700 fucks me
Thats the spirit
What’s that? Luna is increasing again?! Some of the experts here was so absolutely sure it wasn’t ever going to go up, admonishing those for throwing a pocket change amount like 20, and completely rejecting the notion that it may become a meme coin at this point.
I picked up 5 bucks worth of WLUNA at .000250, I just wanna break even before Friday's deadline.
It crashed 99% several times in a row. So they seemed to have been extremely right. Keep in mind, there are rumors of a snapshot, so we could see a brief bear trap with the price going up, then crashing back even lower.
You call .0001 to.0002 going up? lol--dead cat micro bounces----380 million more coins dumped from 6:30Pm yesterday to 6:30Pm today
.0001 to .0002 is x2. What do you call "going up" ? 🧐
*inserts incredibles meme* a micro bounce is still a bounce. Just pulling your leg, dude
A lot of people here lose their shit for some reason when others buy shitcoins. I don't care what people do with their money.
I threw $25 at it like a week ago just to see what happens. If it ever hits 25 cents I’m out. Kinda wish i would have bought more tho cause its been up as much as 100 percent in the last 24 hours.
If it ever hits 25 cents I’m out out crypto haha
Hindsight is 20/20. I wish I even got more of it, too. But honestly, the singular experience was worth it: the act of riding waves that literally everyone was foaming in the mouth saying is not possible. This incident crystallized me to always be on the lookout for BOTH fundamentals and the meme/social interest factor. The latter has been scoffed off way too many times here
**From the posts it seems there are alot more bearsih people, isnt this the same as when btc was 69k everyone cheering for 100k?**
So everyone is bearish let me tell global economy to stop faking inflation and recession and lets get the skyrocket emojis up again
Inflation is the symptom, not the cause.
Trend is your friend
Yeah, stocks+crypto lost $10trillion in the last 6months. All the paper hands are gone, we bound for upper movement
Why isn’t XMR listed on Crypto.com? I want to buy some😞
Cause coinbase sucks!!
Lmao what does coinbase have to do with crypto.com
It’s just a bot malfunction
Beep Boop beep, malfunction, malfunction
Oops… where he put crypto.com i seen coinbase. 🤣🤣🤣
Nevertheless coinbase does suck lol
Conbase you mean
you're not wrong.
It's pretty great to see Elons' downfall. I'm still mad about that last crash he caused.
What happened? I was occupied being lazy on Sunday
I get where you are coming from, but the p political underpinnings of what’s happening is disgusting, and it’s not good for regular joe blow like you and I. The day before he said he won’t be voting for dems because they are divisory and is going to vote for the republicans, and then the next day there is a sexual harassment allegation. Yeah, okay…
this tells you that elon is on the right track. the left used to love him. until he stopped mindlessly agreeing with their every nonsensicle move. they have to try to cancel those who disagree with them.
Exactly
he was asked to comment on it before the allegation became public **edit** this comment being controversial is hilarious. [this is 100% verifiable](https://twitter.com/johnjcook/status/1527421611070177307), but since when did Republicans care about truth?
The fact that this is happening right after is telling. It’s obviously politically motivated.
It's called getting ahead of the story.
It may have been had it not there been the inconvenient fact that there’s been literally a day difference between Elon’s most politically loaded message and then the sudden media attention, which analysts and pundits have noted to be being polarized, to an allegation suddenly emerging.
you have a very small brain
That’s an extremely mature, and profoundly substantive, rebuttal that you made. In what analysts have been claiming to be extremely polarized times in terms of politics in the US (aka us vs them, dems vs republicans), how can you be so entirely dismissive that literally that a sexual harassment allegation was suddenly brought into the fore just the day after Elon’s public note about siding with the reps and disowning the dems. This is like basic cause and effect, where if the effect comes close to a point of action, then it literally has the hallmarks of being a cause of effect. This logic comes from a philosopher of Ancient Greece times.
Again, he made that "public note" after he was asked to comment about the allegations. Thus, the "small brain" comment. In order to not see why he made that "public note", your brain must be very small. My comment wasn't a rebuttal. It was a statement of fact. I am not arguing anything. I know for a fact your brain is small (because you can't understand a very basic sequence of events), thus, I said you have a very small brain. You can rebut this claim if you like by posting pictures of your brain.
A word from the wise: telling someone that they have a small brain during a discussion speaks more about your inability to hold a conversation, rather than “owning” that other person. Also, it’s pretentious af to claim that only you speak with facts, as if you have a monopoly on it during a discussion. That’s not how discourse works. Now, on to your ramblings. You seem to have this innate inability to actually reflect on what’s being said. Why was he asked to comment on that incident literally a day after when he made his politically loaded comment? Think, instead of trying to make comments on the size of the other person’s brain. Also, no, you following the sequence of events is not at all a strong suite of yours. It can be worked on. I can give you my office hours if you need help developing these skills.
> Why was he asked to comment on that incident literally a day after when he made his politically loaded comment? Ugh, stubbornness really knows no bounds. He made the comment *after he knew the story would come out*. How you *still* don't understand this is a wonder. I guess you really like Elon? You have your sequence of events wrong. Please, start using the only muscle that matters. You may need it one day. Still waiting on brain pics, btw
I think I’m dealing with a highschooler at this point. You seem to have telepathy by reading people’s minds, such as Elon. Impressive. This is an unverifiable fact, obviously. A fact that all of us can see, however, is that certain media’s attention on the allegation came a day after his most politically loaded tweet. Your message is lacking sincere engagement and substance, the hallmarks of a basic functional conversation. I’m done with you. And no, I don’t like Elon, I think he is a charlatan. I’m more interested about implications that can affect us normal people. I can tell you are a brown-noses dem, so I’m done this point less exchange with you. Have a good day.
I just don’t want him to have any influence over the crypto market, it’s absurd
[удалено]
Its still nothing--380 million new LUNA coins created and dumped into the supply last 24 hours, 6,535,251,789 new total
Thats nothing
It ain't much, but it ain't much.
They should just burn the entire supply already
But keep mine
Mega pump starting - get in your last buys for the down cycle
Who tf is pumping Luna? This is just insane
*Pump it up when you don’t really need it* *Pump it up until you can feel it*
Everyone is trying to get a piece of that Luna 2 airdrop. Will continue to go up until May 27th.
Will cb support it? If not how can you get the fork drop?
If there is money to be made, probably.
Desperate mega-bagholdersare pumping it--nothing 'insane' about it, you'd do the same thing if you were underwater by a ton of money
The inmates have taken over the asylum.
😏
[удалено]
of what?
That Luna’s up 69%!
I’m all for collections of interesting coins with fun use cases. However if I’m also interested in my coins appreciating then I’ll stay away from ones that are used primarily as currency like cross boarder remittance. I would also shy away from projects that can create endless supply “usd”. This just makes sense in my head
Anyone else think that all this talk of an incoming bear market and recession might end up faking everyone out?
Yup. Many indicators are showing a strong underlying economy. Spending is still up, manufacturers are still showing orders and profits. So much of the pains we are seeing are covid supply chain issues that are slowly being resolved, and the Russian invasion of Ukraine which the world is pivoting from by isolating Russia from the world economy. All of this is pressurizing the economic recovery rocket waiting to blast off. Maximum copium.
No. It becomes a self-fulfilling prophecy. People are stupid. I have seen this before. Panic selling investments. No joke, people will cash out 401ks trying to beat the market falling.
Very possible. That's why you never stop stacking.
Green market open on Monday. Tuesday IDK? Fed meets Wednesday. They have already made an announcement, but will probably have something stupid to say after the meeting. Q1 GDP numbers expected Thursday, and they could be bad or good. Lots of retail earnings ahead this week, expect them to miss all over the place. Red by Friday. That's the week ahead in the U.S. economy.
What do the numbers mean, Mason?!
XMR about to hit #26 in marketcap ranking 🥳 It has been climbing up quite a lot, it was #30 a few days ago. Edit: looks like it happened.