Cryptocurrency market trends I

[TekNiKo]

Damn @Apollo wasnt lying when he said bear market is in for the long haul. Its good time to buy the dump?

 

[Apollo]

Damn @Apollo wasnt lying when he said bear market is in for the long haul. Its good time to buy the dump?

I am in fiat at the moment. Not buying these dips except for quick flip (buy and sell within a few hours).

 

[IbnuAli]

It's only a ponzi for shitcoins/scamcoins with 0 purpose. That's why you do research on certain coins to avoid rug pulls. If there's a good dev team behind them with a great purpose behind them (charity, NFT, Gaming, etc) then you're good.

Akhi none of these coins have any use case, they're 100% speculative, they don't solve anything

 

[JohnCena]

Akhi none of these coins have any use case, they're 100% speculative, they don't solve anything

bitcoin can be used to purchase goods/services. At one point, you could purchase tesla products with bitcoin prior to musk denouncing it. Crypto is the future. It will take time though. Patience is the game.

What can you buy with Bitcoin?

From purchasing goods via online retailers, bill payments to donations, there are several ways that Bitcoin holders can spend the cryptocurrency.

www.trtworld.com

Spend Dogecoins - List of Stores Accepting Dogecoins - Dogecoins

Spend Dogecoins – List of Stores Accepting Dogecoins. Does your business accept Dogecoins as payment? Submit it here to get listed!

dogecoins.com

We are at the earliest stages of crypto.

 

[TekNiKo]

I am in fiat at the moment. Not buying these dips except for quick flip (buy and sell within a few hours).

Warren Buffett’s most famous investment maxims: “Be fearful when others are greedy. Be greedy when others are fearful.”


I think imma go for the dip for XRP and ethereum.

 

[Apollo]

Warren Buffett’s most famous investment maxims: “Be fearful when others are greedy. Be greedy when others are fearful.”


I think imma go for the dip for XRP and ethereum.

Crypto markets are manipulated by a group called Tether and Bitfinex (same management team). Within a few days the Attorney General of New York will comment on the documents Tether has provided them.

This woman can wipe out your entire account in a single day.

Tether reaches new lows in quest to avoid being audited

Never forget that Tether used to tell you that it was 100% backed by U.S. currency, and it was only after an New York Attorney General investigation forced its hand that it ever admitted this wasn’t the case.

coingeek.com

 

[TekNiKo]

Crypto markets are manipulated by a group called Tether and Bitfinex (same management team). Within a few days the Attorney General of New York will comment on the documents Tether has provided them.

This woman can wipe out your entire account in a single day.

Tether reaches new lows in quest to avoid being audited

Never forget that Tether used to tell you that it was 100% backed by U.S. currency, and it was only after an New York Attorney General investigation forced its hand that it ever admitted this wasn’t the case.

coingeek.com

Damn so what your saying is if the AG finds Tether and co guilty Crypto would be shut down?

 

[Apollo]

Damn so what your saying is if the AG finds Tether and co guilty Crypto would be shut down?

Crypto crashed -44% in a single day when the first corona lockdowns in the West started. It will crash -70% in a single day if Tether is exposed as Bernie Madoff 2.0.

 

[IbnuAli]

Crypto crashed -44% in a single day when the first corona lockdowns in the West started. It will crash -70% in a single day if Tether is exposed as Bernie Madoff 2.0.

Subxanallah imagine the altcoin destruction, that's what I want to see

 

[jabsveg276]

Subxanallah imagine the altcoin destruction, that's what I want to see

Altcoins are a get rich quick scheme so they're gonna get destroyed regardless

 

[Apollo]

Subxanallah imagine the altcoin destruction, that's what I want to see

Bernie Madoff's ponzi went as high as 65 billion USD.

Tether's ponzi is now at 58 billion.

Just 7 billion away from surpassing him on nominal terms. Nevertheless, Madoff will remain the GOAT Ponzi as 65 billion in 2009 USD is now actually 81 billion.

 

[IbnuAli]

Bernie Madoff's ponzi went as high as 65 billion USD.

Tether's ponzi is now at 58 billion USD.

Just 7 billion away from surpassing him. Although Madoff will remain the GOAT Ponzi as 65 billion in 2009 dollars is now actually 81 billion.

Also Biden ending the free stimulus money and raising corporate tax combine that with inflation and unemployment, I don't see anyone backing tether. It's like all the stars are aligned for something scary about to happen in crypto, stock market and all other markets especially the housing in the US

 

[Apollo]

Also Biden ending the free stimulus money and raising corporate tax combine that with inflation and unemployment, I don't see anyone backing tether. It's like all the stars are aligned for something scary about to happen in crypto, stock market and all other markets especially the housing in the US

The ponzi must go on.

 

[Dhere]

China has been banning crypto since 2013. Not really the market moving news. Everyone already knew that the Chinese Communist Party is anti-crypto.

I stand by that it was mostly whale manipulation.

IK but new rules. And a lot of news articles and channels ran the original Reuters story.

 

[jabsveg276]

Also Biden ending the free stimulus money and raising corporate tax combine that with inflation and unemployment, I don't see anyone backing tether.

Wallah I hate Biden, because of him

China has been banning crypto since 2013. Not really the market moving news. Everyone already knew that the Chinese Communist Party is anti-crypto.

I stand by that it was mostly whale manipulation.

Didn't some Chinese dude make rougly $4 Billion by pumping and dumping an alt coin?

 

[IbnuAli]

The ponzi must go on.

only Two things could be going on here

1. They're gonna use this money to margin short btc and drain its market cap into tethers reserve.

2. Buy up as much btc as possible before tether explodes and bitcoin price won't go down as bad since alot of btc are locked up.

I'm going with option 1

 

[JohnCena]

most trusted coins imo are btc, eth, ada, xrp, xlm. if you do plan to invest, those are the best and safest cryptos.

 

[Apollo]

most trusted coins imo are btc, eth, ada, xrp, xlm. if you do plan to invest, those are the best and safest cryptos.

Only BTC and ETH have futures contracts on Wall Street.

Cathie Wood only buys BTC and ETH (she is the best ETF manager of the past decade):

Not Just Bitcoin, Cathie Wood's Ark Is Heavily Bullish On Ethereum Too: What You Need To Know | Benzinga

Cathie Wood-led Ark Invest has invested $20 million in Grayscale Ethereum Trust (OTC:

www.benzinga.com

Ada, XRP, XLM are not bought by institutions.

 

[digaagjecel]

Crypto crashed -44% in a single day when the first corona lockdowns in the West started. It will crash -70% in a single day if Tether is exposed as Bernie Madoff 2.0.

I’m praying to god this happens I’m gonna go on a fucking spending spree

 

[Djokovic]

It’s time for me to create my own shit coin and rug it again