Crypto thread

I was just joking 

12 days until Bitcoin halving 

Buy now, sell Dec 2021 

My Robinhood account went +5600 to -3200 

My girl 2 weeks ago: stocks are pretty cheap, I think I should buy some 

Me: Don’t be an idiot, the markets are going to keep tanking 

I am not on board with this back and forth Gilead "cure", something stinks and I am not convinced.

Wall, 

Your bitcoin buy was legendary 

I don’t like that BTC is dumping and pumping along with the traditional markets. 

I believe the traditional markets will dump again and I think BTC/crypto will dump with it.

Unless the govt/fed saved the markets?  

Not many alts keeping pace with bitcoin. 

If bitcoin settles up here, alts should fly over the next few days.  

*any

Most to least — 

Cardano

Bitcoin

Eth 

Coti 

Dash 

and just bought a bunch of Zilliqa 

Still I missed the bottom by like 800 bucks. I was hoping it would go to 2500 so I could buy 3 more...its a nice move but I only have the one lot.

I have some good solid gains in the oils I bought too, part of me wants to sell and see if they come back down but then part of me thinks there is more to go since they are beaten down so much. Im conflicted taking gains and then buying more when/if they pull back.

In DVN I'm up over 50% and in COP I'm up almost 50%, XOM is a little less and XLE same but RDS is another Im up like 40% on and I dunno Im considering selling and seeing if they come down in the next while.

Same with crypto. You think it has gone on a massive run from .03 to .05 and then you zoom out and see that it was 1.00 2 years ago 

Or ETH — $120 to $220 — was $1500 2 years ago. 

I think all of the ATH’s will be passed if it’s a legit/working product  

Coinbase crashed. 

Bullish. 

The Fed will continue to use its lending powers “forcefully, proactively and aggressively, until we’re confident that we are solidly on the road to recovery,” Fed Chair Powell says

So was that a blow off top right there? Fail at 9k and some pretty stiff selling since. I guess we will see.

He has been rationalizing giving drugs to this market since he failed at trying to normalize. I think he got a stern talking to by the UST and ever since his word choices are totally accomodative and dovish..its always as if he thinks the market is on the edge and the FED will take whatever action is necessary to guide the economy blah blah blah...it didnt used to be this way, prior to Bernanke the FED was less active and less a market cheerleader, more of a macro presence...now they are majorly micro.

Putin actually had a pretty good answer in an interview the other day. 

Will Russia create a crypto currency? 

Putin: Russia having its own crypto currency is impossible by definition. Just as it is impossible for any other currency to have their own crypto currency. It is something that is beyond national borders.

*any other country 

Pretty sure Putin has met with Vitalik Buterin (ethereum) a few times. 

The current conditions is what bitcoin and crypto in general was made for. 

Unemployment numbers through the roof, billionaires making money hand over fist, inflation killing the avg mans savings/money. 

Bullish. 

Massive spot volume in BTC yesterday 

Binance $1.8 Billion 

Coinbase $630 Million 

Kraken $412 Million 

Bitfinex $383 Million 

30,000,000+ jobless claims over the last 6 weeks 

Bullish 

Futures — red 

Crypto — red 

I cant remember the last time the Dow was red and crypto was green