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Crypto bottoms when we have our next "world event" similar to covid pandemic

 
Tweezerism
User ID: 79580316
United Kingdom
11/10/2022 02:51 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
One more thing, we have a tweezer top on the 4 hour candles. That is bearish.

Note to noobs: We do not have crystal balls, and anything can happen. No such thing as a risk free trade.
 Quoting: Lady Jane Smith


A "tweezer top?"

WTF is that, already?

I'm a technical kinda guy, and have never heard of that.

It sounds kinda gay, to be honest!

scream
Anonymous Coward
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Puerto Rico
11/10/2022 02:52 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
I also thinking that bringing the price down more people accumulate more coins..

The same way OTC stocks with Good PR fall in price! I don't get it but understand that is to accumulate more shares!

I don't have Crypto, just only OTC stocks of hemp, cannabis and others.

But with a bank like that over here, and You add the Act 20/22 of Tax Haven, then You just Wonder more!

afro
Anonymous Coward
User ID: 82029060
Netherlands
11/10/2022 02:54 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
One more thing, we have a tweezer top on the 4 hour candles. That is bearish.

Note to noobs: We do not have crystal balls, and anything can happen. No such thing as a risk free trade.
 Quoting: Lady Jane Smith


A "tweezer top?"

WTF is that, already?

I'm a technical kinda guy, and have never heard of that.

It sounds kinda gay, to be honest!

scream
 Quoting: Tweezerism 79580316


a tweezer top is a two candle pattern where there is a localized high with a candle close. the following candle, upon the open, goes to the high of the previous candle (the wick) and decides to reject exactly at the same wick.

if you look at it, it looks like two side by side identical candles with the same top. It kind of looks like a pair of tweezers, hence the name.
Cheese Toasties
User ID: 79580316
United Kingdom
11/10/2022 03:02 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
One more thing, we have a tweezer top on the 4 hour candles. That is bearish.

Note to noobs: We do not have crystal balls, and anything can happen. No such thing as a risk free trade.
 Quoting: Lady Jane Smith


A "tweezer top?"

WTF is that, already?

I'm a technical kinda guy, and have never heard of that.

It sounds kinda gay, to be honest!

scream
 Quoting: Tweezerism 79580316


a tweezer top is a two candle pattern where there is a localized high with a candle close. the following candle, upon the open, goes to the high of the previous candle (the wick) and decides to reject exactly at the same wick.

if you look at it, it looks like two side by side identical candles with the same top. It kind of looks like a pair of tweezers, hence the name.
 Quoting: Mr Cheese


OK.

I'll take your word for it, Monsieur le Fromage!
Lady Jane SmithModerator
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11/10/2022 05:26 PM

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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
One more thing, we have a tweezer top on the 4 hour candles. That is bearish.

Note to noobs: We do not have crystal balls, and anything can happen. No such thing as a risk free trade.
 Quoting: Lady Jane Smith


A "tweezer top?"

WTF is that, already?

I'm a technical kinda guy, and have never heard of that.

It sounds kinda gay, to be honest!

scream
 Quoting: Tweezerism 79580316


Le sigh ......

For a "technical guy" you missed a relative basic reversal pattern.

[link to www.investopedia.com (secure)]
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
nemo_solus

User ID: 80038830
Belgium
11/10/2022 05:27 PM

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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Here you go nemo. I found it. 100% down to the dollar. Bitcoin bottoms at 9575. It's the volume profile point of control after all. We talked about that many times over the last year. Check this out.

9575 is the 1.618 fib extension.
1.618 is the golden ratio.
1.618 is PHI.
1.618 is the most magical fucking number in the world.
1.618 is 9575$.

https://imgur.com/V8EmkUb


9575 is my bottom call. Anticipating it december 8-11th right now.
 Quoting: Mr Cheese


Thanks Cheese!

Did an overlay of our perspectives:

https://imgur.com/a/Dpg6elc


It is always interesting to see a convergence of multiple analysis methods.

The next thing is the timing of it all. Can't disagree with your rational and basis for December 8-11th, just would like to see some additional confluence of supporting temporal indicators.

Last Edited by nemo_solus on 11/10/2022 05:47 PM
Anonymous Coward
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11/10/2022 05:37 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Do you still think prices will remain low for a few months after the bottom?
Anonymous Coward
User ID: 77389960
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11/10/2022 05:37 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Do you still think prices will remain low for a few months after the bottom?
Anonymous Coward
User ID: 84650941
Finland
11/10/2022 06:01 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
miners shutting down and going bankrupt. glp wont let
me post the link but just search on the keywords.

says that some of the public miners are suspected of
already being bankrupt. Net selloff of minet bitcoins
was huge this week. Selling into collapse is a sign
of panic, not strength.

i predicted it in july.

costs rising + income falling = bankruptcy.

who's gonna pay BTC's $16B electricity bill?

.
Anonymous Coward
User ID: 84650941
Finland
11/10/2022 06:07 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
One more thing, we have a tweezer top on the 4 hour candles. That is bearish.

Note to noobs: We do not have crystal balls, and anything can happen. No such thing as a risk free trade.
 Quoting: Lady Jane Smith


A "tweezer top?"

WTF is that, already?

I'm a technical kinda guy, and have never heard of that.

It sounds kinda gay, to be honest!

scream
 Quoting: Tweezerism 79580316


a tweezer top is a two candle pattern where there is a localized high with a candle close. the following candle, upon the open, goes to the high of the previous candle (the wick) and decides to reject exactly at the same wick.

if you look at it, it looks like two side by side identical candles with the same top. It kind of looks like a pair of tweezers, hence the name.
 Quoting: Mr Cheese


cashflow don't care so much about "technical analysis".

the miners can't pay BTC's electricity costs. the new
belief seems to be that "miners will consolidate" as
they go bankrupt and somehow something magical will
happen so the remaining miners can somehow pay everybody's
bill instead of just their own and then BTC will
skyrocket to new highs.
Anonymous Coward
User ID: 77223599
United States
11/10/2022 06:12 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
I agree with op, it will get below 10 by dec, but I don't expect it to bottom out there.
The trial balloon is over, it can't sustain itself on such a high energy cost, it has to bust to prove cbdc's way into the market..
Anonymous Coward
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11/10/2022 06:20 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Question to OP and Lady Jane:

You said "anything other than a personal wallet like a nano is begging to get your crypto stolen from you". Which wallet is better to buy: Nano Ledger or Trezor?
Is it OK to buy on Amazon or does it have to be from a manufacturer?
Thanks
Mr Cheese
User ID: 82721062
Netherlands
11/10/2022 07:42 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Do you still think prices will remain low for a few months after the bottom?
 Quoting: Anonymous Coward 77389960


Yes. Expect prices to stay down there in the 10-13k bitcoin range until april-ish. All altcoins should stay low also. Plenty of time to fill your bags with whatever coins you like.
Anonymous Coward
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Australia
11/10/2022 07:49 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Question to OP and Lady Jane:

You said "anything other than a personal wallet like a nano is begging to get your crypto stolen from you". Which wallet is better to buy: Nano Ledger or Trezor?
Is it OK to buy on Amazon or does it have to be from a manufacturer?
Thanks
 Quoting: Anonymous Coward 84483068


They’re both good.

For fucks sake buy direct from the source ONLY.
peterpeccary

User ID: 73847342
United States
11/10/2022 07:53 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Do you still think prices will remain low for a few months after the bottom?
 Quoting: Anonymous Coward 77389960


Yes. Expect prices to stay down there in the 10-13k bitcoin range until april-ish. All altcoins should stay low also. Plenty of time to fill your bags with whatever coins you like.
 Quoting: Mr Cheese 82721062


Schweeet.....that timeline would work for me too......coming into some cash from a real estate sale early spring and gonna plow some back into cryptos....
Anonymous Coward
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11/10/2022 07:54 PM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Not today. satan
Anonymous Coward
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11/11/2022 02:05 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Op any thoughts on STX (stacks?) it’s a shitcoin but you can “stack” it and it earns yield in BTC.

Or any of the ISO2022 coins (XLM, XRP, ALGO, etc.)

Or XMR (monero)

I’m curious more for the long term, I know you said you only anticipate Bitcoin to hold up mostly but curious on your thoughts on these(thanks for your input on ICP).
Anonymous Coward
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Germany
11/11/2022 03:16 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Thought I would log in under my account because my last post was as an anonymous coward.

Anyways.

I told you xrp would dump at 1.70 last year down to 50 cents. I was perfectly correct while you all flamed me for months.

I told you 69k was the top for bitcoin and you all flamed me for months.

I told you 48.2k bitcoin would resume the bear market due to a bearish gartley harmonic, along with hidden bearish divergence on the daily RSI, classic bearish divergence on the daily macd, 3day RSI trendline resistance, 400 day moving average resistance and 200 day moving average resistance. I told you this on march 29th the DAY bitcoin hit 48.2k. If you can't tell, i'm fucking proud of this one. Told you bitcoin would come down to 20-24k back then.

And i've told you that we are not bottomed yet. I told you 17.5k was not the bitcoin bottom. I told you multiple times.

______________________________


-We are weeks away from the bottom. As soon as the midterms are over, the politicians are going to pull the rug out from the markets. Some time in december looks right to me, at least right now.

-I think Ethereum will bottom in the 400-500$ area.
I think Bitcoin will bottom in the 10k area.

-The market bottoms on a SUNDAY. I just don't know which sunday. Yet.


_____________________________

I don't really care about ethereum or bitcoin so much, i'm going to buy other coins with higher upside potential. I'm just using bitcoin and ethereum as the indicator for when the market has bottomed.

That's the point of bitcoin and ethereum. To know when to buy other things with higher profit potential.
 Quoting: Mr Cheese


where you told this with XRP drops from 1.70, you are registered here since 6the may 22 and XRP was at this points long time below 1$?
Anonymous Coward
User ID: 79944564
Netherlands
11/11/2022 03:26 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
where you told this with XRP drops from 1.70, you are registered here since 6the may 22 and XRP was at this points long time below 1$?
 Quoting: Anonymous Coward 84680340


Thread: XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)

it was an old account i deleted. Got tired of being "the xrp guy."

i correctly said it would crash to 50 cents but it took a lot longer than i thought it would. took 2 months i think instead of the 3 weeks in the original thread posting.

towards the end of the thread i said it would go from 50 cents back up to at least 1.07. I wasn't sure it would go higher than that. It ended up going to 1.40 or 1.50 or something before crashing again.
Anonymous Coward
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Netherlands
11/11/2022 03:32 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
[link to www.godlikeproductions.com]

Xrp showing WEEKLY bullish divergence on macd and rsi at the 30 level.

Might go a little lower but imo the crash is at least 95% over. Might be 100% over.

Selling crypto with bullish divergence on the weekly is stupid. This is when you buy.
 Quoting: Mr Cheese


Here's a thread i liked. I posted an xrp comment on july 11th 2022. it was at 30 cents on 7/11. I said it was bullish as F and the crash was basically over and it would do well very soon. It ended up going up to 55 cents from 30 cents on the day i posted this comment. It did not go lower after I posted this.
Anonymous Coward
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11/11/2022 04:59 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Thanks for your Answer!
Anonymous Coward
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Ireland
11/11/2022 05:05 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
[link to www.godlikeproductions.com]

Xrp showing WEEKLY bullish divergence on macd and rsi at the 30 level.

Might go a little lower but imo the crash is at least 95% over. Might be 100% over.

Selling crypto with bullish divergence on the weekly is stupid. This is when you buy.
 Quoting: Mr Cheese


Here's a thread i liked. I posted an xrp comment on july 11th 2022. it was at 30 cents on 7/11. I said it was bullish as F and the crash was basically over and it would do well very soon. It ended up going up to 55 cents from 30 cents on the day i posted this comment. It did not go lower after I posted this.
 Quoting: Mr Cheese


Monsieur le Fromage, FTW!

5a
Radioactive Glow

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11/11/2022 05:10 AM

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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
I'm so invested in Crypto coin, I started collecting real money change again. When I get those shiny 25¢ USD & drop it in my money bucket. Eeeekkk, if feels like Christmas morning!
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Lady Jane SmithModerator
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11/11/2022 09:34 AM

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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
One more thing, we have a tweezer top on the 4 hour candles. That is bearish.

Note to noobs: We do not have crystal balls, and anything can happen. No such thing as a risk free trade.
 Quoting: Lady Jane Smith


A "tweezer top?"

WTF is that, already?

I'm a technical kinda guy, and have never heard of that.

It sounds kinda gay, to be honest!

scream
 Quoting: Tweezerism 79580316


a tweezer top is a two candle pattern where there is a localized high with a candle close. the following candle, upon the open, goes to the high of the previous candle (the wick) and decides to reject exactly at the same wick.

if you look at it, it looks like two side by side identical candles with the same top. It kind of looks like a pair of tweezers, hence the name.
 Quoting: Mr Cheese


cashflow don't care so much about "technical analysis".

the miners can't pay BTC's electricity costs. the new
belief seems to be that "miners will consolidate" as
they go bankrupt and somehow something magical will
happen so the remaining miners can somehow pay everybody's
bill instead of just their own and then BTC will
skyrocket to new highs.
 Quoting: Anonymous Coward 84650941


You are correct, techincal analysis does not cover all contingencies.

It is just one tool, but not a crystal ball.

That said, we have before seen the massive rout of miners, but BTC recovered. It took a long time, and it languished in a small range during that time, but it did make for day trading opportunities.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Lady Jane SmithModerator
Forum Administrator

11/11/2022 09:35 AM

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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Question to OP and Lady Jane:

You said "anything other than a personal wallet like a nano is begging to get your crypto stolen from you". Which wallet is better to buy: Nano Ledger or Trezor?
Is it OK to buy on Amazon or does it have to be from a manufacturer?
Thanks
 Quoting: Anonymous Coward 84483068


I use Nano Ledger.

Bought mine from Amazon, I think. It was quite some time ago.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Anonymous Coward
User ID: 80073096
United States
11/11/2022 09:40 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
LJS, what is your average % per trade? 5-10%?
Anonymous Coward
User ID: 77055541
United States
11/11/2022 09:50 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
I also thinking that bringing the price down more people accumulate more coins..

The same way OTC stocks with Good PR fall in price! I don't get it but understand that is to accumulate more shares!

I don't have Crypto, just only OTC stocks of hemp, cannabis and others.

But with a bank like that over here, and You add the Act 20/22 of Tax Haven, then You just Wonder more!

afro
 Quoting: Anonymous Coward 27894158


Exactly why Defi is the way when markers are crap.

In defi yeah you could lose a lot but there are better chances there in winning than in all the general lotto of the world.

Accumulate coins from yield farming, airdrops, dollar cost average into alts, stacking Satoshis, and being patient by not looking at the dollar cost now but rather what it will be later on.

The real winners are these people, who risk the money to make more money and when their money is in the demand, their money is the demand. Makers mark the price, takers pay for it and run.

Market can go to 0 but if you are not understanding the tech and ways of each chain's' support to Bitcoin itself. Remember that it is all about a free market and peer 2 peer transaction that each would have to privately pay off at end of year aka tax season.

So for long term, dont hold too much and don't go all in. Short term, take profit. Imho the dxy has been going up and up, while the decoupling had just bumped into the btc and spy correlation so let see that.

The more bears make money, the more they pump sooner or later as bulls.

Fur and horns gents!
Anonymous Coward
User ID: 78951050
United States
11/11/2022 09:52 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Thought I would log in under my account because my last post was as an anonymous coward.

Anyways.

I told you xrp would dump at 1.70 last year down to 50 cents. I was perfectly correct while you all flamed me for months.

I told you 69k was the top for bitcoin and you all flamed me for months.

I told you 48.2k bitcoin would resume the bear market due to a bearish gartley harmonic, along with hidden bearish divergence on the daily RSI, classic bearish divergence on the daily macd, 3day RSI trendline resistance, 400 day moving average resistance and 200 day moving average resistance. I told you this on march 29th the DAY bitcoin hit 48.2k. If you can't tell, i'm fucking proud of this one. Told you bitcoin would come down to 20-24k back then.

And i've told you that we are not bottomed yet. I told you 17.5k was not the bitcoin bottom. I told you multiple times.

______________________________


-We are weeks away from the bottom. As soon as the midterms are over, the politicians are going to pull the rug out from the markets. Some time in december looks right to me, at least right now.

-I think Ethereum will bottom in the 400-500$ area.
I think Bitcoin will bottom in the 10k area.

-The market bottoms on a SUNDAY. I just don't know which sunday. Yet.


_____________________________

I don't really care about ethereum or bitcoin so much, i'm going to buy other coins with higher upside potential. I'm just using bitcoin and ethereum as the indicator for when the market has bottomed.

That's the point of bitcoin and ethereum. To know when to buy other things with higher profit potential.
 Quoting: Mr Cheese


Bravo man.

Looks like you're gonna nail this.
Anonymous Coward
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11/11/2022 10:34 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Because the past is the best indicator of the future. It has already broke the longterm log chart


No it wont. BTC has and ALWAYS will come back stronger and stronger and stronger. Simply looking at a graph of its total span of existence confirms this.

gonna be a lot of crying on this forum starting in like a week or two.

Why is crypto going down?

What is wrong with crypto?

lmao

_____

Anyways if you are a hodler i don't recommend you sell anything anymore. If you are waiting to buy crypto? Especially for the first time?

THE BEST MOMENT TO BUY CRYPTO WILL BE HERE IN 4-6 WEEKS AND I WILL UPDATE IN THIS THREAD WHEN THE BOTTOM IS HERE. This will be the bottom for absolutely every crypto that there is.


_____

And my conspiracy theorist ass thinks that they might do a lockdown/false flag/war type event on the day crypto bottoms because the last time bitcoin bottomed we had the covid lockdown in march 2020.

That's what I think might be coming in 4-6 weeks. Could be wrong on the conspiracy part. Not sure. But I am sure about crypto bottoming.
 Quoting: Mr Cheese

 Quoting: Anonymous Coward 83987454
Anonymous Coward
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11/11/2022 10:37 AM
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Re: Crypto bottoms when we have our next "world event" similar to covid pandemic
Horse shit.

Suckers being sucked into a make believe bottom by bottom feeder crypto traders.

All "Crypto" is a scam and BTC is not even really Bitcoin and doesn't even follow the Bitcoin White paper. It's only a matter of time before the laws step in and stop this shit.

Nobody is trading this technology based on technical merit.

If they were they would see that none it can evy scale on chain to ever be useful and is a scam.

The real value of any of your prescious digital beanie babies is a big fat zero.

The bottom?

You are the bottoms.

Bend over and keep taking it.





GLP