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Hi, I wonder if anyone can tell me if immediate edge is legitimate? I've seen it today and seems too good to be true but I'm not aware of the auto bots on crypto so thought I'd ask?
Why isnt crypto backed by natural gas or gold or something like that instead of cash and other crypto currency Backing with btc or ETH is also fine but I'm not sure about other crypto currencies and fiat
I think Luna attracted noobs in a high rate. It has been shilled so hard by Youtubers like Ryan Matta who actually two month ago made a video called "LUNA = HODL FOREVER" and now rejecting Luna "as he always warned about as he said in his latest stream. The hype into Luna and then the constant scream from this community and other to "BUY THE DIP" has together cost some investors more than they can cope with. If there is regulation to be made into crypto perhaps it is self regulating of how we are behaving. Brendan over att Market Makers had a rant the other day how crypto regulation is threatening the industry due to idiots like Ryan Matta, Bit Boy and others. It also goes to members here. But I guess if it was the first time (crash) then you don't get what a falling knife is.
I don't think so. I think we're at the comfort floor for now. Seeing btc still hovering close to 30k is, I think, where people feel the floor might be.
Part of me wants to wait until a potential deadcat bounce in the next couple days to offload more assets, but another part of me also knows that if everyone is expecting a bounce it’s not gonna happen. Plus there’s no guarantee that even if it does bounce that it’ll be higher than where it is now if it continues dumping for another day or two
Moving and storing money !freely from any state interference! Many opposition leaders in dictatorship countries accept donations in Bitcoin, or you can move your money between countries easily, or use BTC to save yourself from hyperinflation+government disallowing you to buy foreign currency, like in Venezuela.
What is the point of me, average Joe, owning some Microsoft stocks? Amazon? Apple? Tesla? You think dictators don't store their money on our stock market, our housing market, etc?
It is a hedge against money printer, just not against the dollar. Also it let people transfer money internationally for cheap, many countries don't have that services
When your in defi off exchanges you take those rewards and sell into a stable coin to avoid risk. You can’t do that on a DEX any other way than a stable coin. Now if your trading on the exchange fine go to usd but many that had stable coins weren’t holding them on the exchanges.
When I sell into a stable coin I usually reinvest that amount of money in other crypto (or the same crypto but at lower price). When I sell for fiat I do that to cash out. 😉
Seems like the fun is ending, tether stabilizes. Shame that this bomb didn't explode today, it surely gonna return one day and bite us all in the arse much more painfully
Its happening, bank run on tether about to collapse the whole space. When the market is propped up by 80bn fake USD its been a bomb waiting to explode for a long time. Whole bull run was artificial inflated by the fraud and now we're going to see the true price.
If you'd like to help a student finish their master's degree, please consider taking a few minutes to take a survey they are using to gather data for their thesis:
Hi, I wonder if anyone can tell me if immediate edge is legitimate? I've seen it today and seems too good to be true but I'm not aware of the auto bots on crypto so thought I'd ask?
Binance.US Will List LTO Network (LTO) | Deposit Now
I was down 90% so I put 20k in only to go down an additional 70% but I thought I could only go down 10% more? Is this some sort of glitch?
Nope, not gonna get my hopes up. I’ve been hurt too many times 😢
Why isnt crypto backed by natural gas or gold or something like that instead of cash and other crypto currency Backing with btc or ETH is also fine but I'm not sure about other crypto currencies and fiat
Very soon one SHIB will be worth more than one LUNA.. :(
they are going to re-create LUNA from genisis on new blockchain record to save ecosystem, and salvage whoever has staked luna:
about to dump 2k into Luna. Buy low sell high
My 1 Luna that I bought for £30 is now worth 10p LOL. I just feel lucky I didn’t dump more money in to it
7 days to unstake my CRO. Going to be nothing but crumbs.
Let's just hope this Sunday Dip doesn't put us below 20k 🙌
I think Luna attracted noobs in a high rate. It has been shilled so hard by Youtubers like Ryan Matta who actually two month ago made a video called "LUNA = HODL FOREVER" and now rejecting Luna "as he always warned about as he said in his latest stream. The hype into Luna and then the constant scream from this community and other to "BUY THE DIP" has together cost some investors more than they can cope with. If there is regulation to be made into crypto perhaps it is self regulating of how we are behaving. Brendan over att Market Makers had a rant the other day how crypto regulation is threatening the industry due to idiots like Ryan Matta, Bit Boy and others. It also goes to members here. But I guess if it was the first time (crash) then you don't get what a falling knife is.
Shocked LUNA didn't bounce off the $0.420 resistance level!
I am finding solace in the fact that the bleeding has stopped for now.
I'm finding it in the fact that I lost only $200 instead of $4000
RIP Luna.. from top 10 to nothing just like that
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Just a few discounts tbh nothing major
I had a BTC buy trigger at $26k...
Sent luna from terra station to CDC 15 mins ago, still not appearing. What can i do, please help?
When I first started watching Benjamin Cowen a year ago I thought he was genius.
Yeah I think we’ve all gone through that. He’s completely superficial and repetitive. Broken clock is right twice a day kind of guy.
Why :)
Did terra caused an entire crypto crash? Insane and scary but also great opportunity.
boyos, which sheetcoin is gonna bee next??
So many people still drinking the Kool-Aid
Reckon BTC will continue to dip when America opens up ?
I don't think so. I think we're at the comfort floor for now. Seeing btc still hovering close to 30k is, I think, where people feel the floor might be.
Bought 30$ of terra for the fun of it yesterday. Down to .70 already.
Same as me. Too late to sell. Will just hope for it to get back to 0.10$ at least
Its a death spiral. Luna is going to 0
This dump is just insane
kek, you kno wat is good about luna fall to the Moon? chainlink is now top defi coin and #26 total
My brain: You did not just buy LUNA, right?
do you buy luna? I wood buy 10 000 for 100 usdt
The following months are the ones that separate tourists from investors
BTC 12x from here
Let me preface this by saying I am not a fan of tether and their lack of transparency etc.
because bitfinex is a scam itself. they do not have the cash to back all the tether they printed
insert "this is fine" meme
A positive spin...
USDC going up is still not good.
Retail loves turning bear and doomsayer when the macro bottom is in.
Can usdt go back down for a minute and trigger my take profit it almost touched so i can get back something of what i lost yesterday? Thank u
tether depeg fud? They just print more tether to stabilize lol ez
Printing more does the opposite of raising the price.
This is capitulation y'all have been hearing about, the blood in the streets, tether to zero fud.
It's sp bad I'm actually hoping for it to crash even harder. Atleast give me a change to triple my portfolio 😁
I tripled my portfolio, wait, what's that thing like tripling but the other way?
Is the price difference in different exchanges for the same coin pair only due to that exchanges spread or also a delay of real time data and moves?
Yes
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It hit $54k in 2020?
You can directly redeem tether for $1 from their official website. But there's a $100k minimum limit.
Bankrun starting?
I don't think you can, how?
Let me search in my pockets
Just converted a stack of usdt to euros , better to be safe than sorry
Well, at least it's not boring and going sideways
I think I'll go back to investing in game stop
Did people here really bought LUNA ar 1$ like they said they would?
I’m not gonna lie, I threw some fiat at it at ,03 hahaha
Yes, it did not go well
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probably
Thought I was a smart cookie swingtrading Luna made +50% in a few trades now I'm down - 80%
Same
I did a 2x buying ust then lost half of my profits instantly when I bought some luna at $2
Because of that bounce, when it collapses again if any of you talk about suicide when it falls again you should be banned from Reddit for life.
holy moly that tether thing scared the shit out of me
Let’s pray it stabilizes, I don’t even want to imagine that disaster.
This has happened about 10 times before. People have been trying to prove that they don't have actual USD since like 2017.
Shit is a casino and the house is winning
Same as it ever was
There's a new daily. Just in time eh
Looks like USDT made a comeback?
There is currently around $1k difference in BTC price between BTC/USDT and BTC/USDC
Time to load up on graphics cards.
This bounce brought you by me, because I sold some at the bottom
Many thanks.
So many noobs in the daily, insufferable really
Says Mr tin over here.
Elitists are insufferable
you are welcome
BTC's going up because massive outflow from USDT into BTC?
Yes BTC is the arc to which all the animals flee when the rain starts. Its also the first to rise when the recovery sets in. Not a bad place to hide.
https://twitter.com/BXRekt/status/1524650280255692801
This made my brain hurt. Why not just buy spot its already pre leveraged 😅 It's either going to 100 or 0...
Here is a
Part of me wants to wait until a potential deadcat bounce in the next couple days to offload more assets, but another part of me also knows that if everyone is expecting a bounce it’s not gonna happen. Plus there’s no guarantee that even if it does bounce that it’ll be higher than where it is now if it continues dumping for another day or two
Tether not going down without a fight
Is this situation with LUNA not a sign of how fucked the US dollar is?
Crypto US Stable coins are tucked. Not the US dollar
Umm no
I hope we can look back at this day in the future and laugh at how we all freaked out.
Happy Cake Day!
I hope so too. I’ve been in crypto since 2017 and I can only remember 1-2 days as bad as this one
What the fuck the daily is literally 90% bots right now
bop-bip, ive been detected, initiate self destruct
lol algonauts assemble?
Seriously, it’s getting ridiculous
100% bulltard comments is genuine, bearish comments = 90% bots, bulltard logic
This is for sure death cat bounce. I’m shorting solana and avax to 0. They have wayy more room to fall
aren't those the coins Luna terra invested on?
Watch out for the dead cat bounce, oh wait, we are there.
Don't FOMO into the pump guys, watch out
Poor cat
Not a store of value
Carbon negative doesn't mean "it makes carbon, and that's negative"
Moving and storing money !freely from any state interference! Many opposition leaders in dictatorship countries accept donations in Bitcoin, or you can move your money between countries easily, or use BTC to save yourself from hyperinflation+government disallowing you to buy foreign currency, like in Venezuela.
it magic internet money
It's a thing you buy that has fiat value based on what other people value it at
Go to YouTube and type in Michael saylor Bitcoin if you wanna hear what BTC is. I don’t think anyone here gonna reply with essays lol
What is the point of me, average Joe, owning some Microsoft stocks? Amazon? Apple? Tesla? You think dictators don't store their money on our stock market, our housing market, etc?
It is a hedge against money printer, just not against the dollar. Also it let people transfer money internationally for cheap, many countries don't have that services
Anyone making money shorting right now?? Seems like a great opportunity no?
I'm going to short the Earth. I feel very uneasy about the future.
You’re still on internet explorer 4.1?
Are the prices on coingecko not accurate?
Not perfectly accurate during times of high volatility
USDC/USDT pair up 5% lmfao
ETH going back to its 2020 prices. If you liked ETH at 2000, you’ll love it at 200.
finally i can buy 1 if eth $200
Nice, give me 5 of those eth thingy you’re speaking of
I’ll love it even more at 20$
I think all is ok, stuff has stopped crashing. This could be the bottom, maybe even bull this arvo.
Seems like tomorrow is always the bottom 😂
Based on about 90 seconds of data. Sounds legit
It's 12:45-3:45am in the US. Just wait until everyone wakes up
Note to self. Take profits next time in green. Don't get greedy.
Its actually really hard to do. That is why a better idea is a strict % portfolio.
What is the appeal of buying into a stablecoin versus selling into fiat? Probably a dumb question but I've never really understood
When your in defi off exchanges you take those rewards and sell into a stable coin to avoid risk. You can’t do that on a DEX any other way than a stable coin. Now if your trading on the exchange fine go to usd but many that had stable coins weren’t holding them on the exchanges.
When I sell into a stable coin I usually reinvest that amount of money in other crypto (or the same crypto but at lower price). When I sell for fiat I do that to cash out. 😉
Stablecoins can go +30% in a day.
Fiat doesn’t exist in the blockchain.
Saw a guy said he lost his house on twitter from being liquidated and someone said "use a GPS"
You can lose houses on twitter now?
I saw that lmao
Oof
Weren’t that people anyway kinda over invested, I mean wich idiot will put his house on the line in any investment even traditional stocks
Should people have faith in USDC if coinbase is in the shitter?
Seems like the fun is ending, tether stabilizes. Shame that this bomb didn't explode today, it surely gonna return one day and bite us all in the arse much more painfully
Guys, Tether is not unpegged. It's literally pegged by definition: you can go to Bitfinex and trade your USDT there for a "real" dollar.
People can literally buy usdt from a cex at .96 and then sell there with an instant profit?
Hell, it might be time to start thinking about full coin buys of ETH.
Things can get dipper
That feeling when you sold your ETH at $3k a couple months ago and everyone laughed.
What is your plan now, will you buy in the future again on not.
It’s ok you can laugh at everyone now, you deserve it
I sold all my ether on Feb 24, start of the war. Turned out to be a local low. I don’t feel so bad now though.
Fuck stablecoins. There i said it.
Men, now even usdt is going good. This is not looking good
Unnecessary, necessary evil of crypto
Stablecoins gossiping behind your back too
Its happening, bank run on tether about to collapse the whole space. When the market is propped up by 80bn fake USD its been a bomb waiting to explode for a long time. Whole bull run was artificial inflated by the fraud and now we're going to see the true price.
if people are expecting crashes like this in crypto why is everyone panicking then lol. can't wait to sell at the lowest point or what?
I think people are panicking after seeing the crash in the stable coin.
People also „if it dump i buy tha shit out“ and then it dumps and they sell their tiny bit whats left… and cry.
They’re noobs
It's really really hard being able to say you're the last person to sell before it skyrocketed. That's a lot of pressure.
Comment the alts that have survived multiple crashes
I think top 100 alts will always gonna survive in this market no matter how low we go in them.
Eth, Doge, Ada, Vet,…
ETH
Dogecoin
Define “survived” 😅
Ironically, Doge