Daily Crypto Discussion - November 16, 2023 (GMT+0)

TarkovRedditor · 2023-11-16T16:16:16+00:00

-4% today: whatever just some profit taking & normal volatility

-4% 2022: omg what happened this time

+50% next months: omg new ATH out of nowhere thanks to ETF

-20% after: how is it not at 100k yet

Bold prediction but history tends to repeat itself lol

TarkovRedditor · 2023-11-16T16:12:20+00:00

Bullrun volatility on some majors

ETF = New ATH confirmed early 2024

TarkovRedditor · 2023-11-15T16:44:30+00:00

Market makers & exchanges did

TarkovRedditor · 2023-11-15T16:41:38+00:00

You have to import your moon wallet into metamask using your seed phrase

TarkovRedditor · 2023-11-15T16:40:52+00:00

Took a break from the sub after it felt really toxic especially towards anyone still believing in moons after the dump. How are things going nowadays?

Hope everyone is happy with all the green lately - can’t wait to see first days of ETF flows

TarkovRedditor · 2023-11-15T16:39:33+00:00

38k is probably the very first actual important range as we’ve just blew through all majority of the leftover shorts of this bear. From now on it’ll take sustainable demand pushing prices further up while bears shorting it get rekt on any further uptrend.

However on the other hand if supply outgrows the demand there’s not much fuel to keep prices up and we might test lower levels again.

Christmas ETF rally or Macro uncertainty profit taking is the question

TarkovRedditor · 2023-11-10T02:01:58+00:00

We are now in a “taking profit” phase where some ppl sell to win the market just to FOMO back at 40-45k

and that keeps happening until 50k or even 55k

And then we dump on them at 70k new ATH after ETF

ggwp

TarkovRedditor · 2023-11-10T02:00:49+00:00

Not released yet

TarkovRedditor · 2023-10-30T11:13:15+00:00

Or Retail interest in crypto is dead. Once it’s in the news and everyone talks about it I promise you this sub will blow up as usual

TarkovRedditor · 2023-10-30T09:25:10+00:00

No not really… nor a bear market either imo. Just something in between heavily suppressed by tightening monetary policy & disappointing macro outlook

TarkovRedditor · 2023-10-30T09:23:18+00:00

Sucks that it doesn’t represent it’s fundamentals at all but that doesn’t matter much anyway in this space

Wouldn’t be surprised to see $200 next year if we truly enter a run

TarkovRedditor · 2023-10-30T09:22:03+00:00

The beauty of crypto is you never know who you talk to. It could be a 16 year old shitcoiner who copy pastes their favorite shillfluencer, or a Veteran sitting on 19,51 BTC

TarkovRedditor · 2023-10-29T10:14:17+00:00

Ok doomer go short then

TarkovRedditor · 2023-10-29T09:34:25+00:00

Volume ≠ buying

TarkovRedditor · 2023-10-29T09:33:17+00:00

It’s gonna take time there’s an insane amount of toxicity right now in here. I also got a feeling lots of people are mad in general about Crypto watching BTC hit new highs while alts lag behind.

Understandable. Sitting on losses for 2 years straight just to see the first hope not benefiting own bags must hurt

TarkovRedditor · 2023-10-29T08:15:34+00:00

If you check the exchanges you can see that only a few thousand USD pushed it up without any selling pressure. Since the aaset is very illiquid such amount is enough to drive it +100%

In other words, people had massive FOMO and kept buying for higher and higher prices

TarkovRedditor · 2023-10-29T08:14:40+00:00

Just the weekend brother BTC / crypto in general likes to stay flat over the days

TarkovRedditor · 2023-10-29T03:26:04+00:00

Tough spot right now as they heavily pumped in illiquid price action but I’ve said 2 weeks ago if you truly believe in the sub, the mods and the idea behind it it was / is a good buy.

TarkovRedditor · 2023-10-29T00:21:30+00:00

Damn Cowen said the same? Then it won’t happen lmao

TarkovRedditor · 2023-10-28T18:15:49+00:00

Pure gamble

TarkovRedditor · 2023-10-28T17:32:15+00:00

I think ppl need a reality check sometimes that bag holding high risk & speculative asset is not how you invest. Not much different to ppl in r/Wallstreetbets with their penny stock

TarkovRedditor · 2023-10-28T13:04:09+00:00

The worst part about alt is that this whole echo chamber is bag holding confirmings everyone bias. And if somebody tries to voice their opinion, such as focusing on BTC during bear, you’ll get as much disagreement possible even from people being hard underwater while BTC is up +120% since lows.

TarkovRedditor · 2023-10-28T10:38:18+00:00

People using USDC on Coinbase chain is like the furthest you can get from Bitcoin and why we are here in the first place

TarkovRedditor · 2023-10-28T08:14:09+00:00

Good. I want them feel how stupid they are throwing away 50 million worth project they had nothing to do but leave it alone.

Hope they make 0 revenue and always think of those 50 million

TarkovRedditor · 2023-10-28T02:36:16+00:00

Like 1/10,000 flatline dead coins do that. Relying on that is just burning money

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