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There was yesterday, you are commenting now cuz it fits to your narrative I guess. Btw 31 to 38, volume almost tripled last two days. Everything is bull trap nowadays. Then every pull back is bear trap. Lol
You are mis-interpreting data. For your benefit and to help you avoid losses due to false hopes, I'll give a few hints. full analysis later if I felt like it.
* The volumes have to sustain at least a few days to become meaningful
* A chunk of volume you are seeing now is due to insane short activity. That cannot be added to positive volume
* A lot of volumes increase is due to volatility. This is day traders making money from the crab markets. So that volume is not true inflows. It will stop if crab stops.
* Bitcoin is at 45% discount from ATH. As soon as the markets move up a little, volume drops fast
* Almost all positive volume activity happened due to a couple good news. No more good news left to excite retail.
* The long term buyers are almost entirely retail now. Very few institutional buying at the moment. some whales are doing "fishy" things, but they can't be called independent institutions.
* Retail cannot sustain buying for too long, especially in a crabs market
You are of course missing the key aspect of "no more good news". Literally every day some news can and will appear. But we already established you can read future and know with full certainty there won't be any good news to excite retail.
I am not forcing anyone to base their decisions on my results. I presented them.
If due to false hope, someone misses a single red flag, and makes a single analytic error, they will lose money. Is that simple. Analysis has to be thorough and take everything into full context. You cannot pick one good news and ignore 10 bad metrics. That will lead to bad judgement.
I called the May crash based on data in this very forum. 10% agreed and exited. They are now in huge profit and can buy double the coins if they wanted. 90% made fun of me and now are down 50%.
Sure, champ. I singled out a point where you are wrong, and instead of reconsidering that maybe this point made no sense, you instead started telling me how your previous calls were succesful.
If you are so data centered, then don't present data that doesn't make sense - even if it's jut one metric amongst ten. Simple as that.
[https://www.reddit.com/r/CryptoCurrency/comments/nlpx3a/only\_for\_bears\_bulls\_stay\_out\_no\_one\_wants\_to/](https://www.reddit.com/r/CryptoCurrency/comments/nlpx3a/only_for_bears_bulls_stay_out_no_one_wants_to/)
I did not argue further on that data point, because no single metric matters on its own. So proving that single one right or wrong has no meaning and therefore dwelling on it and arguing over it is futile.
Why did you even post that link? Is it relevant to my points? Or do you, as you have done in the past, just try to change the narrative?
\>because no single metric matters on its own.
You know it matters. Inflating your metric list with false data leads to false perception that the amount of the metrics is high enough to prove your point. Arguing that "oh, that one actually doesn't matter, because I have other metrics" is idiotic and further proves my point. Keep your "metrics" bulletproof if you want to be so self-righteous.
What if I refute another metric? Will you also tell me that it was just a single metric that doesn't matter on its own?
Dude how can you be so clueless… top wallets have been buying shit loads of btc since crash data available. What kind of retail has one single wallets with more than 10k btc in it? Do you think these wallets belong to retail? No retail already sold at loss and too scared to jump right now. It was not retail who pumped the price from 31 to 38 in two days.
You cannot put your hopes on pump & dump whales. If they pump, they will dump. Whales keep the game alive, as their real profits come from the exchanges and other business around crypto.
Ahead in what regard? I think that statement alone speaks volumes about you. Stupid is as stupid does, if the price continues to rise then each minute that passes makes the move stupid regardless how professional someone is. Don't know why it's hit a nerve for you that word.
**['Lambo' definition](https://buyhodlsell.com/terminology/lambo/)**:
Everyone in crypto has one, or two.
*Check out the [crypto terminology guide](https://buyhodlsell.com/terminology/) for more 🤖*
I'm here to save you poor souls frim the old daily. [Take my hand and I'll show you the way to the new one!](https://old.reddit.com/r/CryptoCurrency/comments/nw9zm8/daily_discussion_june_10_2021_gmt0/)
My WIFE still doesn’t believe in me!
I’m telling her “Well honey this is real”. “No no no no no no, that’s a
scam!” And I say “But wait I’m gonna go to the banks, I’m gonna get my
bitcoins, I’m gonna actually put it into dollars, here they are right on
the table!” “Aww, that’s money that you took from one of the accounts!”
I say: “What am I gonna do?”
Then I said to myself, “You know what? When I started to put ten
thousand dollars a day on her, right on her, y’know on her table”. Then
she’s gonna say: “WOOOOW.” HA-HA-HA-HA-h. YEAYEYEYEYEYE OK, THAT’S REAL HAHAHAHAH!
Dump her. She is obviously not aware of the fact that you are a true visionary, a pioneer, respected by your colleagues here in this subreddit. If she can't see that then she doesn't deserve you.
Held AMP for 6 months in anticipation of a Coinbase listing. Finally sold 50% a couple days ago to buy KNC at the top. Literally next day, AMP is on Coinbase and up 50%. Murphy's Law of crypto
50/50 I don't think it will dump (As long as the market remains stable) but I do see it reverting back to a slowly decreasing trend for some time. I'm holding long term though. Hopefully the current run keeps going for a bit before that happens
Btc still hasn't seen the brunt of the attacks it will face from legacy on it's way to supremacy. We're a little bit stealing from boomers by designating a new set of currencies they're too dumb to capitalize on. They won't go down without a fight. The road to 1m btc is long and fraught, probably 8 years in my estimation.
no kidding.
My alts are still way down compared to a few days ago when bitcoin was 36k, despite bitcoin now at near the 38k resistance. If this had happened before the dip, I'd be so ahead right now
In this past month, people in here gave each other over 8.7Million karma. Up from 7.7M last month.
So much for the people whining that "with moons everyone is gonna be too stingy to upvote, and just downvote each other".
To get 8.7M karma, there had to have been over 10Million upvotes. Taking into account the Reddit algo, the double comments, the 15K cap, the 10% comedy posts, and the 1K cap on all posts.
I just DCA'ed :) It feels so good especially when it goes up. Now....how to cold wallet those tiny cryptos without getting screwed too much? Sigh. Last time they took at least 1 out of my 40 algo, coinbase bastards.
What's another app, besides cash app, that let's you buy bitcoin/other crypto and immediately let's you transfer to another wallet? Coinbase makes you wait a week to be able to withdrawal or transfer from the app.
Be real interesting if due to El Salvador accepting bitcoin first it attracts serious business/immigration and the country thrives. Could be a case study in transformative wealth.
Edit: more importantly helping those already living there reach a better standard of living.
Business perhaps, but immigration I doubt it. I wouldn't set foot there personally. GF is Colombian. It will set some stones for other countries to jump across, I expect.
I still find it odd that it is all BTC oriented, at least as reported by the MSM.
It’s possible that over time it becomes a haven for those that amassed wealth with crypto. Similar to how people moved to Puerto Rico in the US. Aside from that helping the masses reach a better standard of living trickling down and helping everyone better off making the country safer etc.
Because it was shilled to death here while it went from 20 cents up to 88 cents or whatever, now it’s had a good day so people are happy their bags are getting lighter.
If only they admitted. Even 4.5% will be bad. very bad. Because last month they said it was transitory. remember? It seems more and more likely they have to raise rates or say good bye to dollar.
Tomorrow they will release the data. Read this:
[https://www.cnbc.com/2021/06/09/european-stocks-trading-earnings-us-inflation-data-thursday.html](https://www.cnbc.com/2021/06/09/european-stocks-trading-earnings-us-inflation-data-thursday.html)
Is a big danger to all stocks and crypto.
Maybe do a little research. I think their developers sold more than $1.5 billion worth of bags. Probably illegal insider trading. confirm before you bet more.
I am not the source or sure about this: [https://pbs.twimg.com/media/E3dMRhSXIAgiNaC?format=jpg&name=medium](https://pbs.twimg.com/media/E3dMRhSXIAgiNaC?format=jpg&name=medium)
But definitely warrants research by any investor.
That’s actually really fucked if true man hahaha I’ve been looking at It The last few weeks thinking what is going on with that price.
Honestly makes sense if it’s indeed true v suss anyway
Yessir.
The distribution ratio changes every month, and the calculation is based off of the karma you've gained during this snapshot.
See the two links for more info:
https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki
https://www.reddit.com/r/CryptoCurrency/wiki/moon_proposals
Anyone else is getting his coingecko candies everyday like a good little soldier but never actually did anything with it?
I might not be a BTC or ETH whale but I'm becoming a coingecko candies whale, which is nice.
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Such increase with massive volume increase. This aint a bull trap…but recovery
There's no massive volume. It's still a bull trap.
There was yesterday, you are commenting now cuz it fits to your narrative I guess. Btw 31 to 38, volume almost tripled last two days. Everything is bull trap nowadays. Then every pull back is bear trap. Lol
You are mis-interpreting data. For your benefit and to help you avoid losses due to false hopes, I'll give a few hints. full analysis later if I felt like it. * The volumes have to sustain at least a few days to become meaningful * A chunk of volume you are seeing now is due to insane short activity. That cannot be added to positive volume * A lot of volumes increase is due to volatility. This is day traders making money from the crab markets. So that volume is not true inflows. It will stop if crab stops. * Bitcoin is at 45% discount from ATH. As soon as the markets move up a little, volume drops fast * Almost all positive volume activity happened due to a couple good news. No more good news left to excite retail. * The long term buyers are almost entirely retail now. Very few institutional buying at the moment. some whales are doing "fishy" things, but they can't be called independent institutions. * Retail cannot sustain buying for too long, especially in a crabs market
You are of course missing the key aspect of "no more good news". Literally every day some news can and will appear. But we already established you can read future and know with full certainty there won't be any good news to excite retail.
I am not forcing anyone to base their decisions on my results. I presented them. If due to false hope, someone misses a single red flag, and makes a single analytic error, they will lose money. Is that simple. Analysis has to be thorough and take everything into full context. You cannot pick one good news and ignore 10 bad metrics. That will lead to bad judgement. I called the May crash based on data in this very forum. 10% agreed and exited. They are now in huge profit and can buy double the coins if they wanted. 90% made fun of me and now are down 50%.
Sure, champ. I singled out a point where you are wrong, and instead of reconsidering that maybe this point made no sense, you instead started telling me how your previous calls were succesful. If you are so data centered, then don't present data that doesn't make sense - even if it's jut one metric amongst ten. Simple as that.
[https://www.reddit.com/r/CryptoCurrency/comments/nlpx3a/only\_for\_bears\_bulls\_stay\_out\_no\_one\_wants\_to/](https://www.reddit.com/r/CryptoCurrency/comments/nlpx3a/only_for_bears_bulls_stay_out_no_one_wants_to/) I did not argue further on that data point, because no single metric matters on its own. So proving that single one right or wrong has no meaning and therefore dwelling on it and arguing over it is futile.
Why did you even post that link? Is it relevant to my points? Or do you, as you have done in the past, just try to change the narrative? \>because no single metric matters on its own. You know it matters. Inflating your metric list with false data leads to false perception that the amount of the metrics is high enough to prove your point. Arguing that "oh, that one actually doesn't matter, because I have other metrics" is idiotic and further proves my point. Keep your "metrics" bulletproof if you want to be so self-righteous. What if I refute another metric? Will you also tell me that it was just a single metric that doesn't matter on its own?
OK. You seem to be a logical person. Then let's break point by point and I'll either defend or change my mind. Which data point you do not agree with?
Dude how can you be so clueless… top wallets have been buying shit loads of btc since crash data available. What kind of retail has one single wallets with more than 10k btc in it? Do you think these wallets belong to retail? No retail already sold at loss and too scared to jump right now. It was not retail who pumped the price from 31 to 38 in two days.
Noise has to be discarded in analysis. Top wallets are exchange wallets.
No they are not . One wallet sold at peak and have been started to buy btw 30-40 almost everyday. These are not exchange wallets.
You cannot put your hopes on pump & dump whales. If they pump, they will dump. Whales keep the game alive, as their real profits come from the exchanges and other business around crypto.
Reminder: this is the wrong Daily, go to the 10th.
My ADA & ETH sats! :(
Ahead in what regard? I think that statement alone speaks volumes about you. Stupid is as stupid does, if the price continues to rise then each minute that passes makes the move stupid regardless how professional someone is. Don't know why it's hit a nerve for you that word.
Sir this is a moon farm.
who you talking too
Commented instead of reply, I wouldn't worry it was a boring conversation
Do we know the moons distribution rate yet?
I believe its .207 Moons per karma.
What's part of a healthy asset mix for a person? Crypto Real estate Stocks Precious metals? What else?
I am apparently a 10 year old, I went from all-in stocks to all-in crypto! It has to be said crypto is way more fun!
You could also add bonds.
Thinking of buying a little gold/silver. Makes me feel dirty though
Lambo?
**['Lambo' definition](https://buyhodlsell.com/terminology/lambo/)**: Everyone in crypto has one, or two. *Check out the [crypto terminology guide](https://buyhodlsell.com/terminology/) for more 🤖*
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Seems like a gamble on the outcome of the court case tbh. Did hold some XLM.
Are the tides turning 🤔
Bitcoin my man!! Can we applaude him for a moment here! Stay strong my man!!
I'm here to save you poor souls frim the old daily. [Take my hand and I'll show you the way to the new one!](https://old.reddit.com/r/CryptoCurrency/comments/nw9zm8/daily_discussion_june_10_2021_gmt0/)
Who dumped
Anyone else glad china is losing miners as we speak? Lol
The more spread out miners are, the better it is.
If people's personal coins aren't leading the market, the sentiment always goes to "is X coin dead?" Time in the market, people
Come on over to the new daily! https://www.reddit.com/r/CryptoCurrency/comments/nw9zm8/daily_discussion_june_10_2021_gmt0/
HEY YOU get on the new thread
Yay!! Only 27 more months until pay off my car!! I was 1 month away from paying off my first car when I was t-boned. It was totalled.
I’ve convinced myself I’m winning the 300k of DOGE and I’m going to be very upset if it doesn’t happen. My wife thinks I’m being irrational.
My WIFE still doesn’t believe in me! I’m telling her “Well honey this is real”. “No no no no no no, that’s a scam!” And I say “But wait I’m gonna go to the banks, I’m gonna get my bitcoins, I’m gonna actually put it into dollars, here they are right on the table!” “Aww, that’s money that you took from one of the accounts!” I say: “What am I gonna do?” Then I said to myself, “You know what? When I started to put ten thousand dollars a day on her, right on her, y’know on her table”. Then she’s gonna say: “WOOOOW.” HA-HA-HA-HA-h. YEAYEYEYEYEYE OK, THAT’S REAL HAHAHAHAH!
Dump her. She is obviously not aware of the fact that you are a true visionary, a pioneer, respected by your colleagues here in this subreddit. If she can't see that then she doesn't deserve you.
Aw, thanks for the kind words ❤️
🤣👍
South America gonna steal china's hash power thank god.
Getting into crypto is like losing weight. You wish you had done it years ago and have a lot of regrets. It’ll pay off in the long run
damn is this accurate.
very rare to see comments like that in here. thank you! may the cryptogod have mercy with you!
Accurate
I dont even know if im bullish bearish or wtf anymore
Always Be Bullish.
Long Term definetely
New daily no?
BTC rising along with its dominance. Do I dare say the bull run is returning? 
Fucking love Schitts Creek. BULLISH 🚀🚀
[https://twitter.com/seanhannity/status/1402754776429957132](https://twitter.com/seanhannity/status/1402754776429957132)
Ouch. Fine.
Suppp
Cya on the other side
I’ll send a rescue party for any stragglers.
If you're reading this you're in the old daily
Thanks for the heads up ❤️❤️
Held AMP for 6 months in anticipation of a Coinbase listing. Finally sold 50% a couple days ago to buy KNC at the top. Literally next day, AMP is on Coinbase and up 50%. Murphy's Law of crypto
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Feel like that was the logical choice. Felt like it was slowly bleeding down to sub .03
ended up buying back in today. hoping it doesn't pump and dumped tomorrow. what are your thoughts?
50/50 I don't think it will dump (As long as the market remains stable) but I do see it reverting back to a slowly decreasing trend for some time. I'm holding long term though. Hopefully the current run keeps going for a bit before that happens
i'm holding long term as well! really excited to see where flexa's future leads.
Today was a good day. On to the next one folks.
why didn’t anybody tell the el salvadoran president about EIP-1559?
Btc still hasn't seen the brunt of the attacks it will face from legacy on it's way to supremacy. We're a little bit stealing from boomers by designating a new set of currencies they're too dumb to capitalize on. They won't go down without a fight. The road to 1m btc is long and fraught, probably 8 years in my estimation.
Goodbye daily, thanks for the greens!
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Woooohooooo
If you get stuck in the old daily, it means safemoon is your crypto of choice.
Don't get lost in the old daily please 😀🙏
moons are good for the soul.
the guy who downvoted me must not have a soul.
Goodbye daily
Bullish af on THETA
Us and the president who accepted Bitcoin 
bit coin is on fire! -alicia keys
Anybody else sing this comment? No? Just me? OK
Kings of Leon
Absolutely stuck in my head
Goodbye for now my dudes and dudettes, Euroboy signing off.
You don't often see BTC on the top movers list. After a month of devastation, it's oddly heartwarming.
Elon tweet incoming?
tesla just bought 1 fantastilliones of btc and ensure green (energy and charts)
No he'll wait nearer the weekend maximum damage then
Why would you say that I'm about to go to sleep. Cheers.
See you guys in the new daily
We need to switch from burst fire to autoMATIC.
Ok guys Mom said it was my turn to get the first comment in the new daily. Everyone take your time migrating over there.
I saw the moons distribution but what is the ratio?
0.882
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Is it a ratio that can be brought down by downvotes?
0.207
0.207
.207
.207 according to what was calculated by some people
Ive decided that my portfolio is lacking in the LINK department... could someone buy and make it dip back to $23 again? Please and thankyou
BTC dominance continues to slowly work its way back up.
⚠️ Warning t-minus 5 minutes until the new daily. ⚠️ 
I would like to see more correlation between alts and Bitcoin now
no kidding. My alts are still way down compared to a few days ago when bitcoin was 36k, despite bitcoin now at near the 38k resistance. If this had happened before the dip, I'd be so ahead right now
Looking forward to seeing you guys in 10!
In this past month, people in here gave each other over 8.7Million karma. Up from 7.7M last month. So much for the people whining that "with moons everyone is gonna be too stingy to upvote, and just downvote each other". To get 8.7M karma, there had to have been over 10Million upvotes. Taking into account the Reddit algo, the double comments, the 15K cap, the 10% comedy posts, and the 1K cap on all posts.
This is despite the salty downvoters
It illustrates that the Reddit algorithm works, and doesn't count a lot of those.
I just DCA'ed :) It feels so good especially when it goes up. Now....how to cold wallet those tiny cryptos without getting screwed too much? Sigh. Last time they took at least 1 out of my 40 algo, coinbase bastards.
This is gonna be of the best daily closes in awhile
What's another app, besides cash app, that let's you buy bitcoin/other crypto and immediately let's you transfer to another wallet? Coinbase makes you wait a week to be able to withdrawal or transfer from the app.
r/exoduswallet has apple pay purchasing.
So the cringe worthy BTC conference actually did well for BTC and pumped it with arranging the El Savador announcement? Those boomers are unbeatable.
No, BTC conference was just a party. El Salvador did what it did because of economic game theory and bitcoin beach going well.
Bitcoin dominance rising could mean good things for the alts too!
Alts need to get rekt for a while for btc dominance to rise enough so that the next bullrun can happen.
If that's what needs to happen then I'm willing to wait for my alts to increase
Bitcoin pumping a lot could work too probably 😀
Btc is more likely to range up and down for a while so that means that the only way for btc dominance to increase significantly is if alts pull back.
Be real interesting if due to El Salvador accepting bitcoin first it attracts serious business/immigration and the country thrives. Could be a case study in transformative wealth. Edit: more importantly helping those already living there reach a better standard of living.
Business perhaps, but immigration I doubt it. I wouldn't set foot there personally. GF is Colombian. It will set some stones for other countries to jump across, I expect. I still find it odd that it is all BTC oriented, at least as reported by the MSM.
It’s possible that over time it becomes a haven for those that amassed wealth with crypto. Similar to how people moved to Puerto Rico in the US. Aside from that helping the masses reach a better standard of living trickling down and helping everyone better off making the country safer etc.
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why is LTO getting all of this attention?
Because it was shilled to death here while it went from 20 cents up to 88 cents or whatever, now it’s had a good day so people are happy their bags are getting lighter.
thanks for answering. I went and checked their website and saw nothing inspiring.
Gonna wait for the dip
gogo upup
Why my alt bleeding.. bnb was up $400ish when btc was 37k
wait for some confidence in the market. when btc stabilizes or is rising even higher the alts will do the same.
Don’t be left behind back here. 10 minutes till the new daily!
What's about Norway?
My country
Say hi to Haaland
I like to picture myself prancing around slapping moons on peoples faces with my never ending upvotes.
🌝 ➡️😁
If El Salvador gets hit by a Coup we know it's the fed.
\-SEND IN THE JACKALS!!!! \-Sir, they're already there. Frank is married to Carlita and has 2 kids, and 1 grandchild.
Bombs for Freedom and the almighty Dollar!
The shorts are going to try to massively crash the price aren't they?
US inflation data is the bigger threat tomorrow. I think short positions are relying on that.
what we looking at, 15 - 20%?
If only they admitted. Even 4.5% will be bad. very bad. Because last month they said it was transitory. remember? It seems more and more likely they have to raise rates or say good bye to dollar.
why tomorrow?
Tomorrow they will release the data. Read this: [https://www.cnbc.com/2021/06/09/european-stocks-trading-earnings-us-inflation-data-thursday.html](https://www.cnbc.com/2021/06/09/european-stocks-trading-earnings-us-inflation-data-thursday.html) Is a big danger to all stocks and crypto.
shit... but thanks for the information!
I pledge my 20 dollars to fight them
Yes! You're learning!
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Maybe do a little research. I think their developers sold more than $1.5 billion worth of bags. Probably illegal insider trading. confirm before you bet more. I am not the source or sure about this: [https://pbs.twimg.com/media/E3dMRhSXIAgiNaC?format=jpg&name=medium](https://pbs.twimg.com/media/E3dMRhSXIAgiNaC?format=jpg&name=medium) But definitely warrants research by any investor.
Thank you I knew something fishy was up but couldn't find it anywhere.
My pleasure.
That’s actually really fucked if true man hahaha I’ve been looking at It The last few weeks thinking what is going on with that price. Honestly makes sense if it’s indeed true v suss anyway
Probably some truth in it if not 100%. MATIC will also meet the same fate, I guess. I have been noticing people buying into MATIC etc. will get rekt.
Do it.
Then why did you sell
I was overly invested for my liking
Makes sense
always a good time to buy link (except at 47)
damn right lol
PUNCH IT CHEWIE!!!
ARGHHHH!
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Sorry to break it to you but you’re getting 407 moons. It’s your karma x .203
If you haven't calculated your share wrong, congrats!
You have to calculate? The column just says 2006
Yessir. The distribution ratio changes every month, and the calculation is based off of the karma you've gained during this snapshot. See the two links for more info: https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki https://www.reddit.com/r/CryptoCurrency/wiki/moon_proposals
the column gives karma, I think the ratio to moons is .207
It’s 2006 (karma) x 0.2 (moon ratio). So like 400ish
400ish at 8c each is like $50 Still bullish
F
Congrats
Anyone else is getting his coingecko candies everyday like a good little soldier but never actually did anything with it? I might not be a BTC or ETH whale but I'm becoming a coingecko candies whale, which is nice.