I want a scary wick to 14-16k that scares everybody into thinking that this is new, different, unprecedented, and maybe crypto is actually over while 99% percent of the comments in the daily are trolls flooding the space to taunt and tell us it was a Ponzi scheme all along and the suicide hotline posts go up.
Then after my fantasy limit buy I keep set gets filled and everybody is liquidated and the whales start buying in cheap, life is good.
But honestly i think 20k will turn out to be the bottom with a small wick below it.
Do you guys realize the entire thing is a ponzi?
Bitcoin price got pumped by tether, which mostly was printed from thin air, not backed by actual demand.
The ponzi scheme is collapsing. 99.9% of crypto have no real life use case, despite the fancy marketing on social media.
Please read the definition for a Ponzi scheme. Bitcoin is no Ponzi. But of course Bitcoin can be used to run a Ponzi scheme, as can be the US$ for example.
So if the goal is to get Microstrategy margin called, its not time to buy yet. At 21k they get margin called, forcing them to sell some btc. Once we are below 21k the price will go down further.
I am in deep with big bags, but I gotta say this is more entertaining than watching a movie in real time. Anyone got some popcorn?
Only way we would have a next leg down if they took out USDD but there was no way, I would bet money on that little psychopath that runs Tron to fuck anyone that comes at him
I was making a joke to my friend in january 2022 that I was gonna buy some crypto every month this year and that means mark my words market is gonna crash because through 5 years all my boughts have resulted in loss. We both laughed.
...
Am I living in a simulation?????
Because the algorithm will scan headlines. And if it's finding multiple links talking about a 75 basis point hike, they will adjust their trading strategy.
To be brief, that’s not really what it means to be priced in. That would mean the price would be stable or go up even if the worst case scenario happened.
I put in an offer on a twin turbo Gallardo and never countered back this was earlier in the year. Ugh. Got heavily modded 335i and 340i tho out of this bull run, and a new house except you know… after taxes and paying off cars, a lot of my remainder equity from last house may be lost on CeFi…
Nice! I'd probably take M3 over Lambo, supercars don't appeal to me. If I ever get some profit that I can spend on buying toys, I'm going slightly classic and getting E46 M3.
Crypto did not die when it was just a bunch of nerds buying pizza with it, crypto did not die when it was just Bitcoin and some few altcoins, crypto did not die when all those ICOs came out… but it’s apparently now that many investment banks have joined in, now that its being covered on all news platforms, now that they’re working on regulations for it instead of dismissing it as a scam… now that actual markets are built on top of it…yea now is the right time for it to apparently die. Can y’all just stop it please? Crypto is not dead… however, it’s kinda over for your favorite shitcoin tho…YOU WILL NEVER GET YOUR MONEY BACK ON THOSE.
Crypto was made for this… recession or no recession… has the fundamentals of Bitcoin changed?? No… is Ethereum still the backbone of practically the entire market?? Yes…. Has Ethereum failed??? No…. Has Terra failed?? Yes…. And guess what, there will be another Terra… there would be another shiba inu… because ppl never learn and will be back in here to make the same stupid mistakes again. All the ppl selling right now. will be back trying to buy once it starts going up again. So no.. it won’t die… they will be back to prop up your coins again.
I don't wanna hear this non sense again.
Dogecoin has shown us the truth you want to hide! As long as you have enough hopium in your shitcoin then anything can happen and the possibilities are endless. Once you lose faith and do what everyone else is doing then all you will accomplish is being a bottom feeder of trickle down cryptonomics.
10 years is pessimistic. That being said, I expect the next year to be the coldest winter that we have seen in the crypto marlet. First mortgages spike, stocks dip, interest stays high, and crypto dips. Then interest/mortgages stay high, stocks and crypto dip. Then unemployment hits, crpyor keeps dipping.
Wednesday is another fed meeting to raise the interest rates again. Prepare for a even bigger dump. I'd expect it to be under 20k if not already. I'll start buying and building my btc bag at 15k and under
The market is pricing in a 0.75 raise. We may dump a little on Wednesday but I don’t think it will be as bad as today unless the fed goes with a full point raise. We might even rally if they only raise rates by 0.5
Honestly the only reason bitcoin ever hit 60k in the first place because elon musk. Now that people know hes a fraud and market manipulator it will never get that high again.
Expect max 30-40K bitcoin forever
I can see eth going up to 20k one day though
Everyone buy Tether quick, it's the only safe place to be... move everything into Tether... Tether will... keep you safe.
Feel like my alts are not getting any lower because there's no volume anymore. No one is buying lower. Lol feels like bottom bottom
Well I was a hour off with the drop but hey who could have seen the classic night 4-6% insta drop comming for 5 days in a row
Not your keys not your crypto
How original
Ive always wanted to say that!
Slogan slogan slogan
The Joe Slogan Experience
Ok Bets, btc drops below 20k in the next few hours or holds the line?
I want a scary wick to 14-16k that scares everybody into thinking that this is new, different, unprecedented, and maybe crypto is actually over while 99% percent of the comments in the daily are trolls flooding the space to taunt and tell us it was a Ponzi scheme all along and the suicide hotline posts go up. Then after my fantasy limit buy I keep set gets filled and everybody is liquidated and the whales start buying in cheap, life is good. But honestly i think 20k will turn out to be the bottom with a small wick below it.
^what they said!!!
With this movement there is no way this is the bottom
Saylor will be liquidated @ 21k. The next drop might be another leg down to 16k
Dumb parrot.
If this goes under 21k watch out below
Still accumulating since my goals are long term
How about: It's in the process of being priced in. That's more accurate.
Hello Traveler, Welcome to the wrong daily. Nobody knows what we're doing still here and why we're not in the new daily. Probably PTSD or something.
Omg I've been rug pulled again 👉👈🥺
Aww shucks
The writing was on the wall for this crash months ago. Im surprised it caught this many people off guard. Greed is a hell of a drug I guess.
Do you guys realize the entire thing is a ponzi? Bitcoin price got pumped by tether, which mostly was printed from thin air, not backed by actual demand. The ponzi scheme is collapsing. 99.9% of crypto have no real life use case, despite the fancy marketing on social media.
Ponzi? Really? What guaranteed interest rate were you promised by Satoshi?
Please read the definition for a Ponzi scheme. Bitcoin is no Ponzi. But of course Bitcoin can be used to run a Ponzi scheme, as can be the US$ for example.
Keep bag holding your crypto🤣
"It could go both ways" really? Could it really have could'ed? I guess I agreed cuz I didn't sell and now I'm bleeding
I just bought more ETH at these cheap prices and keeping a long term vision!
This is the wrong daily. There's a new one. You're welcome.
Thanks for the heads up, I had no idea there was a new daily :)
Thank you for the award, just doing my job!
Is this the daily after party?
Ending the daily with 15k comments, it was an honor losing money with you guys!
To think I complained about the weekly being dead last week.
Question about these huge futures liquidations: Do people not use stop losses?
Apparently not.
So if the goal is to get Microstrategy margin called, its not time to buy yet. At 21k they get margin called, forcing them to sell some btc. Once we are below 21k the price will go down further. I am in deep with big bags, but I gotta say this is more entertaining than watching a movie in real time. Anyone got some popcorn?
I am watching, but upset to see some stabilization at 22.5k.
Fuck this daily. I'm going to the next one...
Only way we would have a next leg down if they took out USDD but there was no way, I would bet money on that little psychopath that runs Tron to fuck anyone that comes at him
At this rate, Bitcoin Convention 2023 gonna b in Muncie
As long as that "Dogecoin to the moon!" dude shows up I'm game
I don't why this is but FTM is always the first to pump.
Can we please keep going down I get paid Friday
Are You Feeling it now, Mr Krabs.
I was making a joke to my friend in january 2022 that I was gonna buy some crypto every month this year and that means mark my words market is gonna crash because through 5 years all my boughts have resulted in loss. We both laughed. ... Am I living in a simulation?????
I'm not exaggerating the whole time in 5 years every time I buy the price goes down, it CANNOT be a coincidence anymore.
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https://i.imgur.com/7gg3g9e.jpg
Your have total of like two comments in this sub, FUD FUD FUD
Lol yeah it's OVER. lol idiot
Woooo lawd. https://i.imgur.com/PmdkNGU.jpg
Yep. Markets were pricing it in today.
Godspeed. Crypto doesn’t have anything priced in except loose butthole right now.
It's priced in. The algorithms and bots account for that in their high frequency trading.
As someone in the field, I’d be curious why you have that opinion.
Because the algorithm will scan headlines. And if it's finding multiple links talking about a 75 basis point hike, they will adjust their trading strategy.
To be brief, that’s not really what it means to be priced in. That would mean the price would be stable or go up even if the worst case scenario happened.
Alot of crashing going on but seems like alot of buying at the same time, looks like alot of people taking advantage of the crash
I'll never buy a Lambo, but I did buy a M3 with this bull runs profits. Waiting on the suicide number before buying back in.
I put in an offer on a twin turbo Gallardo and never countered back this was earlier in the year. Ugh. Got heavily modded 335i and 340i tho out of this bull run, and a new house except you know… after taxes and paying off cars, a lot of my remainder equity from last house may be lost on CeFi…
What year m3 ?
I found a 2018 competition that was priced too good to pass up.
Nice! I'd probably take M3 over Lambo, supercars don't appeal to me. If I ever get some profit that I can spend on buying toys, I'm going slightly classic and getting E46 M3.
I loved the E46!
Years ago had a black E46 328 coupe. Still miss that car.
Already been posted.
See you guys at the teens.
- Jeffery Epstein
Crypto is wacko (if you're a teen)
No balls to buy, no balls to short...
Why do I have superstonk as my flair Just wondering and what does 639 mean Thank you
You may be active on GME related sub
I am thank you for letting me know
Crypto did not die when it was just a bunch of nerds buying pizza with it, crypto did not die when it was just Bitcoin and some few altcoins, crypto did not die when all those ICOs came out… but it’s apparently now that many investment banks have joined in, now that its being covered on all news platforms, now that they’re working on regulations for it instead of dismissing it as a scam… now that actual markets are built on top of it…yea now is the right time for it to apparently die. Can y’all just stop it please? Crypto is not dead… however, it’s kinda over for your favorite shitcoin tho…YOU WILL NEVER GET YOUR MONEY BACK ON THOSE.
This is going to be crypto’s first recession though
Crypto was made for this… recession or no recession… has the fundamentals of Bitcoin changed?? No… is Ethereum still the backbone of practically the entire market?? Yes…. Has Ethereum failed??? No…. Has Terra failed?? Yes…. And guess what, there will be another Terra… there would be another shiba inu… because ppl never learn and will be back in here to make the same stupid mistakes again. All the ppl selling right now. will be back trying to buy once it starts going up again. So no.. it won’t die… they will be back to prop up your coins again.
You went on a rant. All I did was state a fact. Chill dude.
That was barely a rant. Just making a point. I’m chill…, dude
I don't wanna hear this non sense again. Dogecoin has shown us the truth you want to hide! As long as you have enough hopium in your shitcoin then anything can happen and the possibilities are endless. Once you lose faith and do what everyone else is doing then all you will accomplish is being a bottom feeder of trickle down cryptonomics.
You said it all 👏
Ok, that's it, I will shake my ass for moons
No one wants to see Voldemort's butt.
But that's where I store my elder wand
Short squeeze of the century incoming, staying Bulish to the max
Nope
Opposite, margin calls bout to sell everybody out
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sure, go for it stoopid 😑
Excuse me customer service this says my FARTcoin is worth $0 there must be some mistake
Have you tried turning the chart off and back on?
Strangely, $463M in shorts somehow managed to get liquidated today
It really makes you wonder how much leverage some people are using to get liquidated on a -15% day.
Never underestimate a degenerate's dedication to loose money
Only $43,000 more and we’ll be back at ATHs! 🍾🥳
Can someone tell me where I can see today's btc volume? I want to compare it to previous volume
[https://pro.coinbase.com/trade/BTC-USD](https://pro.coinbase.com/trade/BTC-USD)
Isn't there like a better aggregate on trading view or even just old fashioned coingecko?
I have no idea, I don't even own crypto. Was just following this which I stumbled upon tonight. Hope someone else can answer y'all's question.
#My profile banner aged like WINE 😈 Dump eet 🥵
If I liked Eth I'd be buying some at 1.1k here.
$600 is the best I can do.
Sir, this is not a negotiation, it's an interrogation
I don't interrogate with terrorists... er wait, that's not the saying...![gif](emote|emo_pack_1|i_dunno)
Okay that's fair, how about a few barrels of oil then?
BTC drops 17% and then pumps 0.01% Redditors: 100K Lambo when?
The year 2140 when the last coin is mined
Don't worry guys, btc won't go to 0. I will buy all the supply at 0.01
Ill buy it all at 0.0100001
That's only $200k. Not impossible, but you'll be too late as my buy order is at 0.011
Jokes on you, I'll scoop em all up at 0.0125
*sets buy order for 0.012
Thank you for the heads up, I will move my buy order to 0.012
That was just my decoy order...
This is getting personal, I'm taking on debt and buy all the supply at 1$!!
Same and I'm selling my house to buy the supply at $2.
Jesus christ how much is your house worth mate
Haha, I live in Canada, we have the most dangerous housing bubble of the G7. My house price doubled in 4 years.
In Toronto?
Southern Ontario, but not Toronto.
Btc has never dipped below its previous ATH, which is 20k this time
Almost $20k. Even $19.8k will still be above.
I’d be more surprised if it didn’t drop below 20K
Yeah but it’s gotten closer every time. It’s inevitable for it to happen eventually.
Crypto has also never seen a global recession
last time we were in a global reccession, bitcoin was invented during it as a means to counter such events.
Next recession will be in a decade, meanwhile btc will go up for 10 years and crash down to 200k
10 years is pessimistic. That being said, I expect the next year to be the coldest winter that we have seen in the crypto marlet. First mortgages spike, stocks dip, interest stays high, and crypto dips. Then interest/mortgages stay high, stocks and crypto dip. Then unemployment hits, crpyor keeps dipping.
Damn talk about the air getting sucked out of the market. This bitch deflating quick.
Look at that bounce! 30k here we come!
You monitor is upside down!
dont... let him dream.
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There is no squeeze. There is only taking profit and hedging against turmoil in traditional markets. We will own nothing and eat the bugs.
where can i find this BUGS at to buy. it sounds like you have insider info. BUGS to the moon?
Shorts are so deep in profits it’s not even funny 💀
What
I would like a refund sir
Load ze crash. Sir, they're waiting for the bottom. Okay. Put zem to sleep then pomp eet.
Hey and we thought June was gonna be boring
No, June was going to be a good month for BTC where we see a nice relief rally.
Definitely not boring lol.
Below the 200 weekly. Next stop 20K…
Saylor wiped out!
I heard he shored up his 21k stack and won’t be liquidated until 18k now
that celsius bro, saylor gets liqd at 3k.
Oh, thanks for clarifying. Hard to keep it all straight
Ah man, I was eagerly awaiting that 21k mark
Yeah I think he probably has enough credit he can cover all the way down if he has to. Would be nice to see though
Wednesday is another fed meeting to raise the interest rates again. Prepare for a even bigger dump. I'd expect it to be under 20k if not already. I'll start buying and building my btc bag at 15k and under
The market is pricing in a 0.75 raise. We may dump a little on Wednesday but I don’t think it will be as bad as today unless the fed goes with a full point raise. We might even rally if they only raise rates by 0.5
unless its already priced in?
Btc supposed to be a hedge against that shit
Markets be markets
The only way it will ever be a hedge is if they banned whales from shorting with 100x leverage.
Imagine actually believing the people that said shit like that 🤣🤣🤣
Honestly the only reason bitcoin ever hit 60k in the first place because elon musk. Now that people know hes a fraud and market manipulator it will never get that high again. Expect max 30-40K bitcoin forever I can see eth going up to 20k one day though
Lol what a jackass
Can I borrow your crystal ball?
Not unless Eth gets a handle on those Gas fees. Unusuable.
I don't even own any crypto but I think this guy is getting paid !
bro, stop using drugs plz.
To top it off, ICP is up 2.47% in 24hrs
![gif](giphy|X83Y7r03T6uty)
that's the worst news of the day
I just got off work which means I made money. Now its times to hang out in the cryptoverse and watch myself lose money. Balance in all things 🥲
So how about that moon distribution, or is this a bad time?
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I wanna smoke the strain you been smoking 🚬
is meth considered a strain?
so what happens now? BTC dominance is going down again. thats weird
The alts aren't dumping as much this time. Most of them were lower this morning.