[uncensored-r/Bitcoin] Some shady shit going on with Coinbase. Daily charts don’t eve reflect recent “pump n dump.”
The following post by burgertimeusa is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7kyqmv The original post's content was as follows:
I made this chart to help myself visualize the major price actions of Bitcoin over time. Also for people who like to say Bitcoin is a bubble. Bitcoin has bubbled many times, but three major times since its birth. After the dust settles, the price always stabilizes higher. https://preview.redd.it/ddm4h3fjauk51.png?width=4912&format=png&auto=webp&s=d61fbeb1a9de6ac7411a1cd1754802cb69e16174 Conclusion: Bitcoin is a bubble, and then it's not... (over and over and over). Less to do with tulips and more to do with the natural wild west growth pains of any young, capitalistic asset yet to mature. A lot of people already know this. Charts help :D
Reasons why NANO fails and will keep failing until some things change
Dear NANO community, This is going to be a long post where I will discuss why NANO under performed and will keep under performing in this bull run unless some things change. I'm going to start up with straight facts with the famous quote of Floyd Mayweather: "Men lie, women lie, numbers don't lie". If you feel offended by some of this, facts don't care about your feelings. Technical Analysis In the time where BTC Dominance fell from peak of 74% to 56% and keeps falling, NANO has moved from its low of 0.0000640 sats to a price of 0.0000950 sats. That is about 50% gain if you bought on the absolute low, but looking at the monthly chart, we can see that NANO has basically been in the range of 0.0001400 sats to 0.0000750 sats ever since July of 2019 (for more than 2 years). https://charts.cointrader.pro/snapshot/zaXzV The all time high of NANO was 0.0028, so this price is currently 96% down in terms of BTC . https://charts.cointrader.pro/snapshot/tTF4J With this price NANO is falling out of top 100 cryptocurrency based on market cap. My thoughts: Considering that entire altcoin market is moving and that it keeps reaching new highs, this is very concerning for NANO and one can only ask themselves why does NANO keep falling behind? Why does on every Bitcoin pump price falls hardest and on every day when other altcoins go up 30%, NANO only goes up 10%. Reasons why NANO is lagging on the market:
Reason 1. - Lack of adoption where NANO can be utilized to its fullest
We all know that NANO has near instantaneous transactions and is fee-less which is why most of us fell in love with this cryptocurrency. Problem is that it has little to no adoption. What does it matter if NANO is feeless, when you don't have an exchange that will make a NANO/USD conversion for 0%. Who cares if STR, XRP and other fast coins have like 0.01$ fee if either way, exchange will take 1% or more fees from you.? If XRP has better exchange, they can easily be more cost efficient than NANO because of this problem. Devs need to be much more proactive rather than sit and wait while entire market is eating you alive. Proposed solution: Nano needs to invest more in marketing and in making a deal with exchange that will be liquid enough and provide little to no fees on NANO.
Reason 2. - There is no reward for NANO holders
I am a NANO holder ever since 2018 and it's been a long ride with constant buying at the end of each month with average buy of 2$ when I look at it totally. This is not that bad considering NANO's massive fall and what some other holders had to go through. Let's remind ourselves again, NANO has 0% inflation. And yet NANO's price doesn't grow. Where as other cryptocurrencies have 5-10% inflation and they are over-performing NANO massively. NANO holders get no rewards from holding NANO which is a big problem. People call this an advantage and I somewhat agree, but NANO holders need to be rewarded with something, because crypto space doesn't care about inflation. Proposed solution: Introduce POS (Proof of Stake) with inflation of 5% where NANO holders will be able to stake their NANO and receive 5% more NANO each year. You can do this or make it 6% and after each 2 years, there is halving of inflation. Imagine how coins get hyped when their rewards per year get cut in half. NANO has 0% inflation and it doesn't get any hype. It's already scarce, but people fail to see it.
Reason 3. - NANO is refusing to adapt with the current market
Current bull run has been ignited with DEFI and because people see that they can earn up to 3-5% daily income just for holding ERC20 token like BAT, BAL, LINK etc. There's even been introudect WBTC (Wrapped Bitcoin) and WETH (Wrapped Ethereum), which means that people can hold their cryptocurrency which they would hold even if there weren't any rewards and they get 3-5% daily income + the chance of the DEFI coin actually pumping by 1000+% which many of them have done in the past month. Because of all of this people are massively buying ERC20 tokens just to get these gains daily. What has NANO do to interact with this entire DEFI space? Absolutely nothing. Did they try to introduce wNANO (wrapped NANO) like Ethereum and Bitcoin did? No. They just kept working on some other bullshit even-though protocol is in of itself 99% perfect and working. They keep focusing their energy on technology when technology is already better than anything else on the crypto market. NANO is currently the best fast cryptocurrency and it is not even close. Proposed solution: Devs need to start focusing energy on things that matter and which will help the price and not dump their stash and blindly look how everything else keeps growing.
Reason 4. - No one is making money of NANO market
This is similar to reason number 2 but it has to be said separately. Just ask yourself, who benefits of BTC markets? Miners. Who benefits of any other POS market? All of the holders. And then with this money you can finance devs which will work on the currency and will by this raise the price and the whole cycle repeats itself. So all of these things have in common that people are making money of doing something for the ecosystem. On one hand resources get paid, on the other people that are loyal to the project. NANO has one of the best and largest communities in cryptocurrency and numbers confirm this, yet there is no special way for any of us to benefit of of this. Everything is open source and people make everything for free. Proposed solution: Introduce mechanism so that community members can earn money of holding NANO. Conclusion: Nano is an amazing currency, but there are many things that need to fall in place in order for it to stop falling behind the market. It's sad that investing in what is called a "safest" altcoin Ethereum, would've made you much better gains than even buying NANO on the all time low would. This post is meant to be constructive criticism and to in the end open peoples mind on current problem NANO has in the space. Please share this post so more people and hopefully devs can see it and so that we all as a community can start working towards our goal of NANO becoming one of most utilized cryptocurrencies in the world.
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Is this a great delusion or am I missing something?
Hey guys, Been closely following the market throughout the last few months and it feels like I'm watching a movie or something. Don't get me wrong, I am a hodler and understand the mechanics of BTC, but I also don't believe in decoupling of BTC from the stock market (as it's clear, BTC growing chart is tightly related to the s&p growth). Which leads me to a thought that this entire show we're witnessing right now is nothing but either a great delusion or a deliberate pump before a massive dump. Fundamentals are simply not here, economy is simply not running. What is happening? Does anyone have the same feeling about it? Interested to hear your opinion about it. p.s. all these memes are becoming slightly annoying, it feels like BTC has become a pure speculative asset and the only purpose of the majority of posters here is to cause FOMO in public.
Bitcoin Cash, DASH, Dogecoin Price Analysis: 7 October
The price charts at press time displayed that the bearish sentiment was once again regaining control. A typically higher volatility level was witnessed compared to earlier trading sessions. Most of the major alts were rallying against the buying sentiment. Bitcoin Cash was seen consolidating, after a short pump and dump event. DASH and Dogecoin too […]
Greetings everyone I bought in at ICO and have been actively supporting ICON since. I have a lot invested into ICX therefore I am biased. This is it. We are at CMC rank 55 and our chart has been ranging forever. Yesterday we lost many weeks of progress. It truly was looking like ICX would break out making the best possible advertisement for the project possible: Price going up. It did not happen and we suffered a massive loss in satoshis. It is what it is. There were many promises at ICO. How the project would revolutionize and so on. This year I have seen a coordinated pump and dump on the ICX price. The tokens were locked for 11 days so there was no way to take profit. I don't mind that. That I can live with. What I can't live with is seeing projects like LINK and TEZOS get all the spotlight in the news and quadruple their price while we're on the sidelines. I want to ask some of you tech savy guys: Why are those projects beating us? We've had longer. We have government backing from South Korea and our founders are a successful blockchain company. We're funded by Dayli financial. A group worth billions and billions. I would like to know what will be happening right now. This is the start of a new cycle. There is going to be happening a lot in this space and the media will not be able to cover it all. I don't want to hear about LINK and Tezos. I want to be rest assured that something big is coming up because that's exactly what ICON needs at this very moment. On another note I just read this in the newspaper: Holidaymakers at Haeundae, South Korea’s busiest and most popular beach, will be able to pay for services such as sun umbrella and inflatable tube rentals in bitcoin (BTC), ethereum (ETH) and other tokens next month. I would like to know why that beach does not have ICON all over it? It's in south korea. That's exactly what ICON is focusing on. Those people should not even be considering paying in anything but our ICX token. Lastly, I have seen interviews with Min Kim talking about stepping a bit in the background and him talking about his expectations about P-reps and so on. I must admit I have not looked into the P-reps because I have always believed that there is a highly successful, confident team of programmers at ICON that knows exactly what they want to do and how they do it. I simply did not invest in P-reps. I invested in what I believed was the most competent blockchain team there was. Am I wrong in believing that and is it all just up to the P-reps now? I have nothing against them. What they're doing is great but to be honest some of them are still children that have a lot to learn. I would be very much grateful if these questions would be answered in a civil way. And please keeps memes and lambo phrases out of the thread. All the best and thank you!
100 Days later. From noob to moons. I wrote this “guide” based on my journey into crypto.
It’s already been 100 days. What a ride it’s been. I created this account and joined this sub not long after I bought my very first ETH. That’s right, I skipped Bitcoin and my first foray into crypto was Ethereum. I was never sold on BTC and even when it was booming back in the day I didn’t feel like I missed out on anything. I just don’t believe in it if I’m being honest. I respect everything about Bitcoin and Satoshi (whoever you are) sounds like a genius and a revolutionary but I don’t see the use case potential with it. I consider Bitcoin like the Metallica of crypto, a little analogy for myself. I’m a big fan of bands like Tool and The Deftones and I give credit where it’s due to Metallica for paving the way for them to be able to make new music. Bitcoin started the movement but I was sold on the progressive thinkers that followed it. Ethereum is my main commitment and always will be. Vitalik is a very weird person and that is what drew me to it initially. I saw a Vice documentary when I was first looking into crypto to understand and they also included a bonus bit with him. Those were enough to spark my interest and it sort of sent me into a wormhole of research. That was back in March. I like to think I’ve come a long way. Since I was unemployed I decided to spend my spare time studying crypto. I started with exchanges. Being from Canada my options definitely seemed limited, as a noob at least. Google helped most of the way by putting in things like “Ethereum explained” and “How to store crypto” which brought up a lot of useful information. Overwhelming to say the least. But I didn’t stop at the basics. No, no, no. It made me fascinated with blockchain as a technology beyond cryptocurrency. I read the Ethereum Whitepaper after the Bitcoin whitepaper because everyone should read that one. Satoshi started this, if you don’t understand why he(or she or however they identify) created Bitcoin then you will never understand cryptocurrency fully. Then it came time to buy some. I initially tried eToro and was immediately hit with the “service not available in Canada” issue. So I searched exchanges in Canada and found Coinberry, Shakepay and the already defunct Quadriga. Thankfully the quadriga news was easy to search so it didn’t take long for me to become paranoid about my investments. Coinsquare was also an option that turned out to also be a scam. After eToro I tried Coinberry and I submitted my KYC info and all then crickets they ghosted me. I’d been in contact with customer service prior to submitting and they seemed fine until then. I persevered. Shakepay was next. Fingers were crossed going into this one. I chatted with Shakepay customer service for the better part of an hour on my first day. I asked all of the technical questions and also the stupid ones. I wanted transparency and got it from them. So I bought 1 whole ETH. Next I had to figure out a wallet. This was difficult. I didn’t need a hardware wallet for 1 ETH, that was overkill. I learned early that the exchange isn’t safe “not your keys not your coins” is a common expression. So I found that middle ground in Atomic Wallet. I did a lot of searching before settling on them. Metamask was the other thought but when I had taken a solidity crash course I struggled with it and didn’t try again. The other wallet options I considered were Exodus Wallet and Guarda. I don’t want to break this down to a full wallet review but I will say that I use both Atomic and Exodus and they are great. I’ve never had an issue and the customer service communication has always been great. They’re transparent and helpful as long as you don’t try to attack them and blame them when you have issues. What I liked about Atomic when I first looked into it was the very helpful knowledge base they’ve created. The embedded links are to the wallets respective educational resources. If you asked me I’d say people don’t spend enough time reading at least the FAQ of a wallet, exchange or app that they use. Personally, I have read just about every article on both Exodus and Atomic (aside from the ones that repeat the same thing) so that I don’t have to ask everything. If you do take some time, and not that much, you will see they state “We will never ask you to enter your seed for any reason” and that would prevent so many phishing scams, which is what happens when people think they’re hacked. I think it’s important that everyone takes a moment to read about how to avoid being phished. Also check this one about things like pump and dumps and ICO scams. Now about the community. This place is awesome and I’m glad that I found this sub. It is certainly one of the best subs I’ve joined. I’m also subscribed to just about every single other crypto sub you can find, I like to know what’s going on in every project. I have my favourites and there are a few I’m certainly opposed to but I try to remain as unbiased as possible. I don’t let my investments influence my arguments because that makes it too emotionally driven. I argue with what I’ve read and learned about and am always willing to be told I’m wrong. The moons were such an important factor to that. When I first started into crypto I thought that moons would impact ETH price because I though “reddit is huge, everyone will want ETH after” but I was stupidly wrong. I would never think that again but I wanted to admit so everyone knows that we all start without basic knowledge in this. I wanted moons but my new account wasn’t allowed to post. I had to wait 50 days. What did I do? Engaged in other communities. I learned from other projects. Knowledge is power and it’s by learning and by gaining that knowledge before I could post it only took me 4 weeks to earn 35,000(nearest makes no difference) moons. During my pre-posting time I read multiple whitepapers for projects like NEO, Ripple(to which I am known to be opposed to but bias aside I’ve listed), Stellar, Komodo, Vechain, [Cardano(not really a whitepaper more of a “why” paper)](https://[cardano.org/why/) and so many more. I just wanted to link some so that people can read some varying whitepaper to get the differences in ideas. It’s tedious but these are the best ways to understand what’s going on and what the potential of blockchain is. I also got comfortable with reading charts because it’s important for learning trends. I don’t know all the technical terms and buzzwords for patterns but I recognize rhythm and patterns in things and combine that with my own best guess to figure out what to move for. I like statistics so it isn’t boring to me to read them. I mostly use Coingecko for tracking coins and the news section is great. I have made a list of favourites(my own top 40) and I check them daily. Multiple times daily to be honest. I also use Cointelegraph for news, I like their artwork. I also use decrypt because they tend to have more Ethereum and Altcoin news. Anyway, this has gotten beyond long enough. I hope it is helpful to some. I kind of wish I had found a resource with everything I needed to know to get started in one easy place. There isn’t. But this is a good way to get started. Thank you for reading. Everything I say is open to constructive criticism but let’s keep it sensible and respectful.
8/16 WEEKLY WATCHLIST [P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you'll win. Some of these I have taken positions. Some I am looking to take positions. I've posted how many shares I own of what multiple times ] PENNIES [💎-Long time gold][⁉️-Could go both ways][🚀-I think this is gonna shoot up][🔥-This imo is gonna be a fire stock to make money off of just dont get dumped on][⚠️-Already ran a bit be careful][👀-Watching this one closely][⭐- Huge Catalyst or info] PRIMARY FOCUSES: $FBIO, $FORD, $GRIL, $JMIA, $SINT, $IZEA, $AIM, $SOLO, $UAVS 🚀💸PENNYS💸🚀 $FORD - NOT THE US CAR COMPANY! ⭐Bought out Kablooe design. [Innovative medical and consumer design company]. This is risky! NO RESISTANCES AND SUPPORTS are a HUGE SWOOOOP down🔥🚀⚠️👀 $GRIL - ⭐CLAPPED CHEEKS on last earnings. Next ER Sept 30th PM. Weak support at $2.80. Decent:$2.13/$2.45. STOP LOSS RAID brought the momenteum down + a dumbass Halt. This could continue to push $3/$3.25/ $3.65/$4.15/$4.50👀🚀🔥⚠️*Plus their food slaps * $FBIO -⭐ 3.8MILLION SHARE BUY AT $3.15 HOLY FUCK BILL GATES?!?!?October 10th FDA approval date. Baby resistance $3.48-$3.52. Than gap to $4.30 WITHOUT ANY RESISTANCE BEYOND! Twitter pumpers are on this HARD🔥🚀👀 $SINT - ⭐Wednesday huge webinar. Mass support at $1.90-$2. Broke above $2.50 resistance. Upcoming $2.63 /$2.91🔥🚀💎👀 $AIM - Still believe this is a $5 ticker in the future. Chart looks to be squeezing upward in a cup and handle fashion[Bullish]. MACD setup quite well. Sitting right on a support. Godly support at $1.95. Decent support at $2.35/$2.54. Resistances $2.70-74/ $2.85/$3.02/$3.15. 💎👀🔥🚀 $BKYI - RUMOR MSFT Buyout August 19th! 3College Contracts for their product. Had a single buyer with a 200k share bid at $0.75. Support seems to be $0.63/$0.68/$0.71. Seems to be rough resistance at the $0.77-$0.78 range . After that could run $0.80/$0.93/$1.06🔥 $CHEK - UNGODLY oversold. 100% Shareholders at a loss! Revese split? Has until December. 52 week low. Expecting a HARD short squeeze here.[$0.52/$0.65/$0.86/$0.98/$1.30] Exploring US Partnership. 🔥 $IZEA - AUG 18th Webinar + TIKTOK NEWS!! NBA+NFL working with! Insane Support at $1.02. Decent support $1.28/$1.35. Resistances at $1.60/$1.92/$2. This screams run up to $1.90-$2!👀🔥🚀👀 $SXTC - Daily chart OVERSOLD. Bullish above $0.39 for a gap up to $0.42/$0.46/$0.52 $MYT - Offering should close 8/19. $0.30. IMO $0.28-$0.33 is a good entry. This should be an easy 5-10% runner. $CJJD - 5Year average $1.60. SMASHED EARNINGS. Warrants at $2.00. HEAVY support at $1.20-$1.29. Resistances to break are $1.39/$1.50. This should close up to $1.70-$1.80 in the upcoming weeks!💎🚀 $DLPN -⭐ Earning SMASHED as I expected. Resistances are $1.05/ $1.09/$1.16/$1.23/$1.40 💎🚀👀🔥⚠️ $SOLO - ⭐US MANUFACTURING Location PR by END OF YEAR. 4Hr MACD Breached. Daily MACD begining to breach upward. GOLDEN CROSS on 15min; soon on the 30minute!! Support is $2.33/ Resistances $3.10/$3.19/ $3.42. 💎🔥👀🚀 $ONTX - Made compliance not long ago. ⭐HUGE news in the next 35 days. Supports were $1/$1.11/$1.15. Resistances were $1.20/$1.25 /$1.35 💎👀 $MARK - OVERSOLD on earnings. Sitting on $1.30 support. Looking for a short squeeze $1.40/$1.57/$1.70/ $1.89/$2.18/$2.60 $TRVN - $2.30 Offering. Imo $2.20-$2.40 GREAT PRICE. Aug 19th-Aug 20th virtual chat! Really good drug pipeline. Support around the $2.20 area. Once offering closes I expect this to gap up to $2.50-2.75 minimal. 💎🚀👀 $AYTU - HUGE INSTUITIONAL BUYS 8/14. Delivering HEALIGHT for covid study.⭐ [Trump UV rays pump fee months back!]Earning September 24th. Insane support $1.25-$1.28. Looking for this to run to $1.40-$1.49/ $1.55/ $1.65. 👀🔥 $DGLY - MASSIVELY oversold on earnings. 4HR RSI IS 17! Great Wall support at $0.80 than $1.53/$1.85. Watching for a REVERSAL! Has a HUGE gap up to $2.85/$3.06/$3.13/ $3.25/$3.68.👀🔥🚀 $APEX - ⭐GOLDEN CROSS on Daily/4hr Support $0.55/$0.65. Once $0.70 resistance is broken this should gap up to $0.77-$0.79/ $0.94/ $1.01/ $1.10🔥🚀👀 $IDEX - What can I say. Alfs back on twitter dropping bombs. GODLY support at $1.22-$1.27/ Decent support at $1.30. Resistances at $1.46/$1.52/$1.62 $GECC - Monthly dividend 1.60% Yield. Golden Triangle approaching. Huge gap to $7 to fill.💎👀 $PSEC - Monthly Dividend yield 1.17%. Golden Triangle approaching. Decent gap to $6.50 to fill.💎👀 💰HONORABLE MENTIONS💰 : $UAVS - Corporate call 11am. HUGE CASH ON HAND Increase on ER[+1800%]. Revenue +516%. -$0.44 EPS YIKKKKKES $MARA/RIOT- Anytime Bitcoin is above 11.6k 💰Non-Pennys💰 $TFFP - Entered worldwide commercial liscensing with UnionTherapeutics. 99% Shareholders at a profit![scary] . Support is hella far away around $6/$9. HIT MY PT OF $14. Could it go more?!👀⚠️ $GOLD - Warran Buffet need I say more🔥⚠️ $JMIA - Super beatdown. End of year this should be a $20-$30 ticker. 4hr RSI 29!!!! 4hr MACD starting up again. Monthly MACD just now breaching. SUPER BULLISH above $12.25 for a nice gap filler to $13.15/$13.50/ $15.60/$18.80👀 $DSS - Upcoming merger. 4hr chart heading to OVERSOLD. VERY LITTLE support until $6. Resistsnces $7.60/ $8/$8.92/$9.50/$10.30/$10.80 $BABA - Upcoming earning. Trump talking about Chinese company bans LOL. If this gets beat down I'm going in HEAVY! $SPAQ - Tons of pre-orders aka free revenue without advertising. This should take off like NKLA did eventually!GODLY support at $10.60.Decent support at the $12 area. Resistances sit at $12.50/$13/$14. This could run up QUICK! FISKER dropping the PR bombs on twitter like a MAD MAN! 🔥🚀🌾Gold/Silver🌾🚀🔥 $AGC - 2x silver. Aka silver -1% AGC -2%. This is a day or swing trade. Depreciates $SLV - Long term silver hold $JNUG - 2x Gold. Same as AGC but for gold $NUGT/$GLD - Long term gold holds 🔮BET AGAINST THE MARKET🔮 $SPXS - 3X Inverse of SPY [The overall market] Spy +1% SPXS -3%. Spy -3% SPXS +9% $VXX - Fear index/Volatility Index. This goes up with market feaunsurity. USUALLY inverses $SPY ⚖UPCOMING FDA INFO⚖ $AQST - Sept 27th $LPCN - Aug 28th $ETON - Sept 15th, Sept 29th $OTLK - Phase 3 data due by end of month $MNK - Sept 12th $BHC - Sept 15th $FBIO - p1 results due sept 19th-21st https://newsfilter.io/latest/news [USE THIS SITE, LOVE THIS SITE, BEFRIEND THIS SITE] It gives live news [1-5mins delayed]. I refresh the FDA approval constantly and the latest news pretty often ONLY INCLUDED THIS BECAUSE SOME OF YOU ASKED! I still love each and everyone of you either way. This group will always maintain a free status because I enjoy the compassion, team work, and joy you guys bring me. If you would LIKE to donate [again BY NO MEANS REQUIRED] my Cashapp is $Hamstackz and Venmo is $JDH3703 If you do I very much appreciate it <3
Daily Ripple/XRP Discussion Thread 05/21/19 [Questions and Price Predictions]
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NEST Protocol is a decentralized price oracle based on Ethereum. This baby is a goddamn DECENTRALISED PROJECT competing with $LINK $TRB & $BAND ( Chainlink, Tellor & Band ) How is NEST different from Chainlink？ The common oracle in the market include Chainlink, Tellor, Band, etc. We call them “indirect” oracle here. Their node is just the porter role of price data, and the price data off-chain is transferred to the on-chain contract. The NEST oracle is to directly generate prices on-chain by quoting the miner’s “two-way quotation” instead of feed price information, that means every single price generate by NEST Oracle have been verified by the market through pledge; this is an essential difference and is also unique to the NEST oracle. The former cannot effectively verify the price data, and each single quote on NEST will be verified by the market-wide validator. After passing the verification, it will participate in the price generation on the chain. It's on #8 Rank in Defi projects on Dappradar & is already doing $2.7 million in Dapp volume. It just got listed on exchange and surprisingly didn't dump. Rather the chart is looking like BITCOIN in the beginning days. All I know is that this shit is going to pump hard as the DEFI market grows. Grabbed a big BAG.
Defi Explosion: Chainlink (LINK) Records 80% Weekly ROI As Bitcoin Dominance Below 60%
Despite recovering from yesterday’s dump, Bitcoin’s dominance drops to 59.5% for the first time in over a year. Altcoins surge in value with new ATHs from LINK and XTZ. Bitcoin has recouped from yesterday’s dip to below $11,200, but most altcoins are significantly outperforming the primary cryptocurrency. Several impressive price increases, including new all-time highs for Chainlink and Tezos, have reduced Bitcoin’s dominance to below 60%.
Altcoin Wild-Ride Continues With LINK and XTZ At ATH
As CryptoPotatoreported yesterday, 24 hours ago, the entire market lost about $20 billion of its capitalization after a violent retrace from most coins. Today, however, the situation appears much greener with some notable increases. First and foremost, Chainlink has registered yet another ATH. LINK has been dominating the market lately and frequently charts a price higher than the previous top. During yesterday’s price dip, LINK dropped to $12.5, but it pumped by almost 40% to its fresh ATH of nearly $17 (Binance). Tezos is another impressive gainer, which has followed LINK’s footsteps. XTZ reached $4.4 a few days ago, but it dropped rather quickly to $3.6. Yet, bulls didn’t allow it to stay long beneath $4 and pumped the price to its new high of $4.5 (on Binance).
Hey guys, me and my friends have been really into binance futures lately mainly BTCUSDT. With a decent amount of programming knowledge and stuck inside through corona I have been working on a bot that intergrates with discord to send you notifications, pull charts, technical analysis on any binance futures pair. Being on my computer a lot I often forget to check binance and miss a pump/dump. I have set up the bot to send notifications in the server when bitcoin futures moves around a significant amount. Expanding on this, you can also send the bot a DM with your api and secret key from binance futures and have it watch your open positions to notify you at a specific ROE % change for the position. Roadmap: Near future planning on implementing trailing stop order closure, binance trailing stop callback is not set up to day trade, If anyone is interested in joining the server send me a PM
￼ ￼ Dogecoin surges to dizzying heights amid TikTok hype Oliver Knight July 9, 2020, 6:27 am Dogecoin, a longstanding staple of the cryptocurrency ecosystem, has been struck by a remarkably unexpected rally over the past 48-hours, with it now trading 82% higher against Bitcoin than it was two days ago. The meme-friendly digital asset, which was created as a joke in 2013, has emerged as a target for millions of TikTok users that claim it will rally all the way to $1. The #DOGE hashtag now has millions of posts on both TikTok and Twitter, with cryptocurrency exchanges responding by listing both futures and perpetual swap contracts of the cryptocurrency. This morning Binance revealed that as of tomorrow customers can trade Doge/USDT with up to 50x leverage. Bitfinex, meanwhile, announced that it will list MDOGE with a conversion rate of one million as it attempts to capitalise on the recent wave of hype. ￼ While a coin like Doge pumping unsustainably may seem like fun, investors should be wary about using leveraged products as it massively increases the risk of liquidation. To be clear, this is not financial advice but retail investors should be cautious about buying into an asset that has already made substantial gains on the back of a viral social media post, especially when Doge has been the recipient of a number of pump and dumps over the past two years. Looking at Dogecoin’s chart, the current level of 50 sats has been a historical point of support and resistance dating all the way back to 2015, which means price may be halted here unless another wave of volume comes in. For more news, guides and cryptocurrency analysis, click here. Update privacy choices
I cannot wait to see newbies get pumped and dumped upon during this "muh halvening", it's like watching a new freshman class adapt to the harsh reality of high school when school opens...
I've been in crypto since 2017, not entirely an OG but I did make over 2 million dollars and was heavily invested for a bit over 2 years (it was my full time job after my first 200k). Believe me, I've seen it ALL. The greed, the lies, the bullshit, the scamming, the desperation, the fear, the elation/euphoria. Before that, I played the stock market as well, though not as successfully as crypto. You're not likely to see another 2017 again... that was crypto's mainstream introduction to the world and the FOMO was off the charts and people got burned HARD, but what we do see is the crypto market makers capitalize on every single opportunity to make a quick buck. There is no reason for BTC to pump because of the halvening, that is a completely fabricated narrative to drive up the price. less mined bitcoin doesn't suddenly increase the value of bitcoin. Do people not seem to understand that if BTC was miraculously adopted as the "world currency", then the world would be even MORE unequal and unfair than it is today? Using current USD equivalent value, you would have people who are worth 10 TRILLION dollars for doing nothing but buying and holding early, and other people who wouldn't even own half of what the poorest African does. Does this not strike people as absurd? To really think that bitcoin would "free us" from financial control? This is the reality about money: Money derives it's power first from MILITARY FORCE, and secondly from the perception of economic stability. That's it. Money isn't based off gold, or holding 21 bitcoins, or some other stupid shit like that. It's based off who has the biggest guns, and secondly off markets. I mean let's pretend that governments wouldn't suppress crypto when they feel like releasing their own digital currency, what the fuck would a world look like where bitcoin became the main currency??? Lol. Seriously, think about it. It would be the stupidest thing ever. There'd be nothing "decentralized" about it. it would concentrate more power into the hands of a few than we've EVER seen in history. Anyways, I'm going to guess we pump to 11-12k then massive dump to 8k when corona outbreak round 2 happens. Don't get hurt, kiddos!
The pump and dump is fairly straight forward, for those of you who don’t know how it works. They are also illegal in the market. However, it is important to note that federal agencies do not actively protect Bitcoin users.. There are two groups of people that are involved in pump and dump scams. BITCOIN INCREDIBLE CHART!!! CHINA PLAN SECRET BTC PUMP?!!! FCA BANS CRYPTO DERIVATIVES!!! October 7, 2020 by admin 0 Comments. Bitcoin News. Share on Facebook. Share on Twitter. Share on Pinterest. ... 2:45 Bitcoin Analysis 5:07 UK FCA Bans Crypto Derivatives 7:32 BTC Fundamentals This short-term fractal analysis on Bitcoin is based on a combination of MA periods with Fibonacci retracement/ extension levels. ** Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** I have used the MA50/ 100/ 200 on the 4H chart. The price is currently rising after a Double Bottom around $11100, following a MA50 ... Pump and Dump Chart Examples. ... While the run-up in bitcoin for example has been unprecedented, I would hesitate to categorize cryptocurrency as a pump and dump scenario. Blockchain (the engine behind cryptocurrencies) is very real and the applications go beyond one industry. There are advancements taking place in banking and health care all ... Welcome to crypto, even in 2020: yesterday Bitcoin finally made a move and reached the highest price areas of mid-February near $10,500. Just hours after, and we are back down at the prices of the past days once again. A classic pump and dump: Usually, you see those types of price manipulations in low-cap coins. However, from time to time, the ...
THIS CHART WILL PREDICT BITCOINS NEXT MOVE!!! - Pump Or ...
Guys have that chart up and pay attention as we approach and when cross red ring for a possible price pump or dump. WATCH orange ring as resistance! I went over this chart in my last youtube video. Welcome to Team Underground, I (Thomas) do weekly BTC price analysis on YouTube. I've been full time trading bitcoin for over a year now and I've decided to ... Bitcoin & NYSE live stream! pump or dump? Altcoin & BTC Price targets & chart analysis - TA ... bitcoin price dump, Bitcoin, bitcoin news, bitcoin price, bitcoin analysis, bitcoin trading, bitcoin ... Pump or Dump today with bitcoin and NYSE? We will cover BTC and some of the popular alts that are pumping like crazy. Price targets and chart analysis. Websi... SECOND BITCOIN PUMP IN 48 HOURS!!!!!? - After Pump A Dump? - Bitcoin Price Analysis ... including but not limited to, Trading Positions and Technical Analysis, News, Quotes, Charts and Prices and ...