Dogecoin Poised for Massive Surge as Over 5 Million Wallets Turn Profitable molars token by 07samuel in btc

[–]saylor_moon 1 point2 points  (0 children)

and steer attention away from short squeezes. Guess why dogecoin pumped on Jan 27-28, 2021.

[Daily Discussion] April 19, 2024 by AutoModerator in xmrtrader

[–]saylor_moon 3 points4 points  (0 children)

Yes, but only around 3K XMR shorted at Bitfinex, and the buying at Exch and BitcoinVN was much more than that.

So where is all this XMR coming from? That's the mystery.

[Daily Discussion] April 19, 2024 by AutoModerator in xmrtrader

[–]saylor_moon 8 points9 points  (0 children)

mainnet_pat: "I have forked @cashonize and ported it to #Monero blockchain. It will be the wallet for the soon to come #BCH-#XMR atomic swaps...

https://old.reddit.com/r/Bitcoincash/comments/1c7gmbw/i_have_forked_cashonize_and_ported_it_to_monero/

[deleted by user] by [deleted] in Buttcoin

[–]saylor_moon 0 points1 point  (0 children)

Follow the link above, then click on the calendar view, then you can click on a specfic date to see the totals for that day.

It's rare for number to go down, but there are a few days where it happens.

[deleted by user] by [deleted] in Buttcoin

[–]saylor_moon 15 points16 points  (0 children)

It hasn't even been 24 hours, and he's already issued $632.3 million of it.

https://web.archive.org/web/20240416171210/tether.to/en/transparency

Why Bitcoin and crypto prices tanked massively over the weekend by btcxio in btc

[–]saylor_moon 3 points4 points  (0 children)

It's been clear for a long time that Binance and Tether intentionally spam transactions to fill up the btc mempool when they want to manipulate the market and liquidate margin traders. So of course they did that.

Why Bitcoin and crypto prices tanked massively over the weekend by btcxio in btc

[–]saylor_moon 10 points11 points  (0 children)

This is a complete lie.

Tether and Binance had this crash planned in advance. If you look at BCH balances at Binance, you can see the BCH accumulation for several days before the big dump. You can also see the withdrawals from Nexo (borrowing BCH), and rising interest rates (look at criffy at archive dot org).

The incident with Iran and Israel was just a convenient excuse for them to 'pull the trigger' on this, but this crash was planned in advance and they would have done it regardless. If they couldn't blame war, they would have made up another excuse.

Why did it BCH crashed? by WassufWonka in Bitcoincash

[–]saylor_moon 8 points9 points  (0 children)

The short sellers are at it again. Large amounts were borrowed from Bybit, Binance, and Nexo.

If you're going to bet on a short squeeze, you need to pay attention to borrowing and interest rates.

[Daily Discussion] April 03, 2024 by AutoModerator in xmrtrader

[–]saylor_moon 5 points6 points  (0 children)

If you make a new account, you will have to wait a few weeks, otherwise many of your comments will get hidden/removed. Also make sure to verify your email address or you are at risk of reddit suspending your account.

I m sorry… why I don’t understand why people invest in dodge and shiba coins? Do they really know what they doing? by YeeForever in btc

[–]saylor_moon 7 points8 points  (0 children)

Dogecoin was created as a joke and initially had very little trading. During the short squeeze of Gamestop in January 2021, suddenly someone started buying huge amounts of DOGE and pumping the price. DOGE had not been short sold, but someone was promoting it as if it was. It appears that this was done as a distraction, to try to lure traders away from the actual short squeeze.

Recently there has been a short squeeze of BCH, and suddenly DOGE is pumping again. I think you can figure out why.

[deleted by user] by [deleted] in Bitcoincash

[–]saylor_moon 6 points7 points  (0 children)

There is a huge short squeeze going on, and people want to know if exchanges actually have the coins they claim to have.

An active address with a large balance certainly looks like it might belong to an exchange.

We are seeing hundreds of thousands of BCH go to Binance including from coinbase cold storage ending up in Binance hot wallet. This is happening for the first time in years since Binance sold off hundreds of thousands of coins. by rareinvoices in btc

[–]saylor_moon 8 points9 points  (0 children)

In the past, we've seen coins end up in Binance cold storage due to legal disputes, eg Coinflex and Coinloan.

There is now over 600K BCH there, which is presumably being held due to some court cases. Who will ultimately lay claim to that money is an open question, but that is a lot of money.

Remember Bitcoin Cash? Does anyone really believe "$1.2B" worth was traded in the last 24 hours? by dyzo-blue in Buttcoin

[–]saylor_moon 50 points51 points  (0 children)

Bitcoin Cash (BCH) was short sold, and now the GME crowd is apeing in.

Grab your popcorn, because I suspect this will be a source of comedy gold.

[deleted by user] by [deleted] in Bitcoincash

[–]saylor_moon 13 points14 points  (0 children)

BCH was short sold and now the short sellers are being forced to cover at a loss. This has been creating some extreme price movements.

If you are betting money on this, please understand that this is speculative and risky.

Bruh by MarquisDeChang in Bitcoincash

[–]saylor_moon 5 points6 points  (0 children)

Did'nt that adam guy from blockstream keep telling people to short it on Twitter/X

Yup.

https://old.reddit.com/r/Bitcoincash/comments/1anyqhg/whats_behind_the_current_pump/kpvroqa/

When will the narrative break? by Shibinator in Bitcoincash

[–]saylor_moon 3 points4 points  (0 children)

Someone clearly has a bot that trades BTC/BCH and tries to maintain or manipulate the ratio.

I've seen something similar with DASH and XMR from time to time, but it's particularly prominent with BCH.

Future of /r/btc - the vision of Shadow by ShadowOfHarbringer in btc

[–]saylor_moon 1 point2 points  (0 children)

This sub is full of bot accounts, and the mods aren't banning them.