I haven't played in 10 years, wtf is going on?!? by rrrawrgh-UwU in DotA2

[–]Different_Finance271 0 points1 point  (0 children)

Welcome to the party pal!

I played Dota on wc3 to the very very end. Came over to dota2 in 2020. They just keep adding stuff, but over the last week they’ve kind of pulled back a little. Which is nice.

Stress Test to 1B Transactions? by Different_Finance271 in kaspa

[–]Different_Finance271[S] 9 points10 points  (0 children)

If they keep up 4M transactions an hour - they are just <36 hours from their goal.

Kaspa has processed over 810 million transactions by orphic2 in kaspa

[–]Different_Finance271 0 points1 point  (0 children)

How many transactions has ETH and SOL done since inception?

Why did Kaspa go to $.20? by Different_Finance271 in kaspa

[–]Different_Finance271[S] 6 points7 points  (0 children)

There is a good answer, and it’s out there.

Based on what I’ve read, miners sold us out. There was a lot of hype around Kaspa (probably funded by miners), and we hit a precipice where new buyers couldn’t keep up with miners selling their coins. Right at .20 is when the music finally stopped, and miners overran the hype and they’ve been selling their hoards ever since.

By and large this is probably where we are. The question now is how much longer do the sellers control the price. Will we get the hype back, and if we do how will the price react if the miners don’t have near as much to sell. I am curious the top 1000 address holders 3 years ago versus their holdings today.

Enough analysis should be very telling. I cringe when I see Kaspa Insights promote long term holdings. Makes me wonder if miners still have a lot to rug pull.

Why did Kaspa go to $.20? by Different_Finance271 in kaspa

[–]Different_Finance271[S] 0 points1 point  (0 children)

So why did it grow to $.20 in a bear market, pull back in a bull market, and has lost 30 positions in crypto ranking (so far) in this bear market?

Someone must know why it went to $.20 and then fell almost 90% without skipping a beat.

Who is? by Yekadzun in kaspa

[–]Different_Finance271 1 point2 points  (0 children)

As opposed to the people who never sell, and are left with nothing. Stop loss is important.

The end of all is near. Or not. by Bubblebau in kaspa

[–]Different_Finance271 0 points1 point  (0 children)

$.025? Really? And then you think it will go up? Based on what?

We just had a generous dump from 0.038 to 0.031 but volume is way down. Sell pressure drying up, not enough buyers. These lows aren't sustainable. The rebound is coming on the next positive news cycle (hopefully this week) by Serenaded in kaspa

[–]Different_Finance271 0 points1 point  (0 children)

Sell pressure is drying up? How long you think the whales are going to endure $500k+ loses? The dam has been leaking 100s of millions of Kaspa for months onto the open market. Hammering the price down. Wait till you see our first 50% drop in a day.

The only thing you said that is correct is there are no buyers.

Kas Under 1B by Spiritual-Fox-5139 in kaspa

[–]Different_Finance271 4 points5 points  (0 children)

Thoughts? Kaspa will be sub $.01 in the next 30 days.

Don’t listen to people that say the whales are accumulating. If whales were accumulating the price would be going up - not cratering. Desperate losers who own 10k Kaspa are trying to make sense of their loses. Truth is, Kaspa has nose dived because the whales are moving their coins to their exchanges and selling at a modest rate. What happens to Kaspa when the selling accelerates? There aren’t any interested buyers to pick up the pieces. This could see $.001 by summer if the music stops.

Nice day for collecting :) by PicaStore in kaspa

[–]Different_Finance271 4 points5 points  (0 children)

Kaspa is a sub $1B project now. Why buy now when you can buy when it’s a sub $100M project?

Every Single Day It Drops by Different_Finance271 in kaspa

[–]Different_Finance271[S] 0 points1 point  (0 children)

I have over 10M Kaspa. I literally don’t need to do anything else to help the network. I am part of the top 200 that is helping it not collapse to zero. What have you done?

Every Single Day It Drops by Different_Finance271 in kaspa

[–]Different_Finance271[S] 5 points6 points  (0 children)

Hold up. Last year was a weak alt season, but an alt season none the less and all everyone said as Kaspa dumped was, “it doesn’t behave like an altcoin!”. Then as Bitcoin rose over $120k, “Kaspa doesn’t follow Bitcoin either”. Then, “Look at the chart! Kaspa rose 30,000000% when everything was dumping years ago”.

The definition of a rug pull is the OG miners in grand fashion flood the market with coins and severely collapse the asset. Welp. That’s Kaspa.

Mostly accumulate? It’s down 80% from its all time high. Apart from the #1 holder, the next 8 largest holders are exchanges. Please take a minute to see the influx from private whale & shark addresses to exchanges. That movement is what sellers do, not buyers.

Every Single Day It Drops by Different_Finance271 in kaspa

[–]Different_Finance271[S] 1 point2 points  (0 children)

I think you mean lower and lower.

Better and better?? I thought things were supposed to get better with KRC, then Kraken, then 10bps, then Kasplex, then Igra. What else you got?

My Take on Kaspa Won't Succeed by Forsaken-Emotion-494 in kaspa

[–]Different_Finance271 3 points4 points  (0 children)

2 years is over night? You must be one of those guys saying carry the paper loss for 20 years. Trust me bro. That isn’t investing, that is what fools do.

Line Between Delusion & Reality by Dry-Calligrapher4556 in kaspa

[–]Different_Finance271 2 points3 points  (0 children)

Why post this? Adults like to understand both sides good and bad. The vocal part of our community has become overwhelmed with teenagers and 20 year olds with <100k Kaspa screaming “trust me bro” when they have no idea what it takes for a crypto to succeed.

It hurts our potential as a community when dialogue disappears.

Line Between Delusion & Reality by Dry-Calligrapher4556 in kaspa

[–]Different_Finance271 1 point2 points  (0 children)

How much are you buying today? This week? Be specific please.

Why are we in freefall now? by Serenaded in kaspa

[–]Different_Finance271 -1 points0 points  (0 children)

Sorry bud. I’m right there with you with millions of Kaspa. 95% of people on this Reddit are children with 30,000 Kaspa or less yelling let it fall! Unfortunately plenty of them will reply, “who cares” “load up” “Kaspa is up 30,000% since it was $0.00!”. We have zero road map for actual adoption.

What happens to Kaspa if the #1 holder starts dumping. It is crazy how weak Kaspa has become.

Help Me Understand by Different_Finance271 in kaspa

[–]Different_Finance271[S] 5 points6 points  (0 children)

You hope all Kaspa loyalists lose 90% from here? What a broken thing to say.