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New problems for crypto emerging


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4 hours ago, ozimoron said:

Target 24k. If that fails then 19k or more likely the previous low of 16k. If they fail, pick a number.

Nonsense.

 

Binance.US is a tiny fraction of what Binance actually is, about 2% I believe. It's an irrelevance.

 

However now they've taken action against Coinbase as well I would expect that to hit harder.

 

In a way I don't blame Gensler for this action as the choices these exchanges make in what to list and trade are highly suspicious.

Edited by ukrules
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5 minutes ago, proton said:

Found this interesting, you don't hear of NFTs now, or 99% of crypto coins which were released

 

 

You spend a lot of time on the Crypto forum. Is it to educate us or something? 

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6 minutes ago, Chivas said:

Dear oh dear.....Go back to my post and this time very carefully read what was written

Off you go.....

 

At no point did I claim I wasnt invested in the past, present or future.

 

I stated that only the terminally dimwitted couldnt grasp that it was a complete and utter ponzi scheme

Is it that hard a question that you have to resort to this kind of reply? 

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Biggest issue around the crypto markets, is if there is a disruption to Binance Global (Indictment) majority of exchanges (such as satang) are integrated with their AML/Screening, Orderbook/Matching Engine and liquidity.

 

If Binance goes down, it will take at least another 100 exchanges directly with it.

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4 hours ago, Neeranam said:

What price did you buy BTC? 

I have a put on it from about 26,200 (no leverage). The recent dip was the SEC announcement then it had a double bottom and RSI bullish divergence so it recovered what it lost but no more than that. I'm still in the bearish camp.

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4 minutes ago, ozimoron said:

I have a put on it from about 26,200 (no leverage). The recent dip was the SEC announcement then it had a double bottom and RSI bullish divergence so it recovered what it lost but no more than that. I'm still in the bearish camp.

I see. 

I bought at $2k - $9.5k pre 2020.

Sold a house last year and put everything into BTC, at 16.8k and 18.8k.

 

My biggest holding is Dot, which I bought at $4-6.

2nd biggest is EGLD, or multiversx. 

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4 minutes ago, Neeranam said:

I see. 

I bought at $2k - $9.5k pre 2020.

Sold a house last year and put everything into BTC, at 16.8k and 18.8k.

 

My biggest holding is Dot, which I bought at $4-6.

2nd biggest is EGLD, or multiversx. 

I wouldn't rule out seeing something close to those prices again. I like DOT and would buy at when It drops sufficiently. EGLD I'm not so sure about.

 

These days I would stick to only the top ten by market cap except for very small hoddle plays.

Edited by ozimoron
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On 6/6/2023 at 4:03 PM, Chivas said:

Course it is

 

Only the terminally dimwitted would believe that photos of Bored Apes, Frogs and all the rest of the uber bollacks  have hidden value

 

No asset backing......one day these people will wake up and its all gone.

 

...........tell me who they are going to complain to !

 

Comedy Gold but sad at the same time that people can be taken it by this shight

FWIW, just about ALL currencies any more are fiat currencies, not backed by any physical assets whatsoever. Just a wink, a nod, and a "trust us, we're good for it."

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9 minutes ago, ozimoron said:

I wouldn't rule out seeing something close to those prices again. I like DOT and would buy at when It drops sufficiently. EGLD I'm not so sure about.

 

These days I would stick to only the top ten by market cap except for very small hoddle plays.

?? 

DOT is currently at $5.

It was $4 when it first came out, it was over $50 at peak. 

 

 

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5 hours ago, Chivas said:

Dear oh dear.....Go back to my post and this time very carefully read what was written

Off you go.....

 

At no point did I claim I wasnt invested in the past, present or future.

 

I stated that only the terminally dimwitted couldnt grasp that it was a complete and utter ponzi scheme

When did you first buy BTC? 

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1 minute ago, ozimoron said:

so? There are coins below issue price. $4 is not the floor.

I suggest you buy now. 

I've also been getting 12% pa from a US bank by staking it, although putting my new buys into Polkadot site getting 15.8%

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