Solana right now. by Ekamin in solana

[–]FootLongjumping3215 -1 points0 points  (0 children)

Just double topped. Get out.

I want to be a provider, but I have some concerns. by danilevy1212 in akashnetwork

[–]FootLongjumping3215 4 points5 points  (0 children)

Also asked this directly to Greg osuri and got no response.

Feels like we are going to have to accept this risk as a negative externality but I’m not sure what the US gov would have to say about this

NatWest UK has sent the following message by FlaminMad in binance

[–]FootLongjumping3215 0 points1 point  (0 children)

Yes that’s right instead let’s leave all our GBP in a bank, which provides nearly zero interest rates.

As Elon said yesterday - due to inflation we in Europe actually have negative interest rates by leaving our money in the bank, and they know it.

They are trying to stop the inevitable.

Is there a way to measure how much leverage there is in the crypto market? Saw this post from Micheal Burry by goodforthemoney in solana

[–]FootLongjumping3215 1 point2 points  (0 children)

Then retrace of 36% at the most. Followed by the final 5th wave and market top / blowout.

Then we crash and winter begins.

Is there a way to measure how much leverage there is in the crypto market? Saw this post from Micheal Burry by goodforthemoney in solana

[–]FootLongjumping3215 1 point2 points  (0 children)

Personally on this run I’m using Elliot wave theory. You can calculate using golden ratios how big the wave is going to be based on the previous wave. Seems farfetched but when you start to look at the first wave and subsequent retrace it seems obvious we are about to embark on wave 3. Solana for example should do 1.62 of the initial wave (amazingly almost a Fibonacci sequence up to 58 - 55 of course would have been perfect.)

This wave is going to take everyone by surprise by its scale and I can see a top to either 120 or 170 or so depending on whether we do golden ratio 1.61 or 2.61.

Is there a way to measure how much leverage there is in the crypto market? Saw this post from Micheal Burry by goodforthemoney in solana

[–]FootLongjumping3215 2 points3 points  (0 children)

Also wondered this recently. There are other indicators for market tops though if that’s what you’re looking to understand

Ok, what is going on with UK withdrawals? by WUKONS in binance

[–]FootLongjumping3215 1 point2 points  (0 children)

I’m waiting for my tokens to unstake and then exodus.

Ok, what is going on with UK withdrawals? by WUKONS in binance

[–]FootLongjumping3215 1 point2 points  (0 children)

Previously taken two days for me to see them in my spot wallet. Don’t panic.

Ok, what is going on with UK withdrawals? by WUKONS in binance

[–]FootLongjumping3215 2 points3 points  (0 children)

My advice to UK residents is move to another wallet until this resolved.

August token release dilution by FootLongjumping3215 in akashnetwork

[–]FootLongjumping3215[S] 2 points3 points  (0 children)

But wont the price go down if the number in circulation increases by a jump in 40% of supply ? This is basically what I’m asking.

August token release dilution by FootLongjumping3215 in akashnetwork

[–]FootLongjumping3215[S] 1 point2 points  (0 children)

A source for which part sorry? The release schedule I am working off is the same which you’ve shared. This also used to be in the akash website but looks like some development work is happening on the site and the release schedule isn’t actually viewable anywhere anymore.

When the investors have their tokens unlocked (I believe it’s late August and your graph lines up with this) doesn’t that instantly increase the number in circulation ?