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Consolidated Crypto Traders/Chat Thread

Discussion in 'Blockchain & Cryptocurrency Mining' started by Optimus., Dec 15, 2017.

  1. havabeer

    havabeer Member

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    so theres a floor
    and the real floor?
    is there a sub floor?
    followed by the basement?
     
    Slug69 likes this.
  2. whatdoesthisdo

    whatdoesthisdo Member

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    floor is lava
     
    davros123 and Slug69 like this.
  3. douver

    douver Member

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    It's all kind of relative, just from the COVID lows around 2 years ago.

    BTC is still up around 700%
    ETH is still up around 1200%
    ADA is still up around 2500%

    So, crypto is still the best COVID investment. With the benefit of hindsight, the market obviously got over exuberant. But from $90 two years ago, an ETH floor of $1k or even $700 is still up a quite a few flights of stairs.
     
  4. apemann

    apemann Member

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    Can't see the rout stopping now maybe itll slow after the next fomc meeting in July.

    Next 12months are not going to be pretty

    You'd have to say eth maybe down to $5-$600?
     
  5. whatdoesthisdo

    whatdoesthisdo Member

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    That's what I am expecting/hoping.
     
  6. Slug69

    Slug69 Member

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    Five dollars?
     
  7. GumbyNoTalent

    GumbyNoTalent Member

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  8. whatdoesthisdo

    whatdoesthisdo Member

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    Shit I read that as 500-600. I’ll eat a sandwich if it drops to 5
     
  9. Slug69

    Slug69 Member

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    BTC and ETH dipped below $20k and $1k respectively.

    XCH soon to become the denomination of choice for the planet.
    4BF5FD13-C424-4945-A7C3-02216A25F2EE.png
     
  10. macktheknife

    macktheknife Member

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    Me with slightly more money than I had 4 years ago when I moved all my savings from the RAMS Saver that dropped to 0.05%PA to my normal bank account and didn't invest it all in crypto or NFT's or gamestop.
    [​IMG]
     
  11. whatdoesthisdo

    whatdoesthisdo Member

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    WTAF…

    JUST IN: #Solana-based protocol Solend has voted to temporarily control the largest whale's account to mitigate liquidation risks.
     
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  12. Slug69

    Slug69 Member

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    Proof of Stake is looking less and less diversified every day.

    Damn.
     
  13. t8y

    t8y Member

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    ahaha

    oh well, fun ride while it lasted i guess?!
     
  14. RnR

    RnR Member

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    Linky explaining why - https://www.coindesk.com/tech/2022/...le-account-in-bid-to-avoid-liquidation-chaos/
     
  15. dirkmirk

    dirkmirk Member

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    https://twitter.com/Southrye/status/1538526470536146945?t=hNxEOmpgdf_-w7PzbwhvpA&s=19

    LOL just like a rigged election under the guise of democracy, dictators are are in charge whatever is going on with that protocol.

    We got a separate issue to proof of stake here, why it will work for Etheruem is because it's so decentralised at this point in time just like bitcoin.
     
  16. RnR

    RnR Member

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    Some good lines in that thread...

    "Communism 2.0"
    "This network is so decentralized we're going to decentralize you from your money."

    :D
     
  17. havabeer

    havabeer Member

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    you got too good so we had to nerf you?
     
    BurningFeetMan likes this.
  18. apemann

    apemann Member

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    The whale just worked out it was better to borrow 80% and get liquidated than try and sell that amount in the open market resulting in the price dumping
     
  19. BurningFeetMan

    BurningFeetMan Member

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    Lol, SecuRom’d.
     
  20. whatdoesthisdo

    whatdoesthisdo Member

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    I wouldn’t buy that shit lol
     

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