Crypto thread

Feels like we’re consolidating under $12k getting ready for the next move up?

Cleaned up my bags a little.  

BTC, ETH, ADA, COTI 

Can’t break that 12,000 sell wall 

Who laughs at Bitcoin? The only people i've ever known to laugh at Bitcoin are boomers laughing at Crypto in general. They couldn't name an alt to save their lives. Are there people invested in alts whi laught at BTC? I'm heavily invested in a few alts but I still maintain BTC as if it was a patriarch watching over that machinations of his offspring.

People laugh at the ‘Bitcoin Maximalists’ for missing the alt gains 

"Most people don't know shit about boxing."

Roger Mayweather

Speaking of alt gains, I jumped Orchid yesterday. Felt I might be late to the party but I doubled up. Struggling with if I should trade it BTC, another alt, sell or ride it out. This was a cash purchase so I may pull out my initial investment, which was substantial considering I did not research prior to purchase. The profit would probably be a downpayment on another rental property if I sell. Any thoughts on Orchid?

No, don’t know much about OXT other than it’s some type of crypto backed VPN service and it’s a relatively low cap listed on major exchanges like Gemini and Coinbase. 

Might pull back after that pump but should do well overall. 

LUNA is on the move without me 

And we’re off 

Portnoy just bought OXT. Might help your bag if you got rekt. 

Crypto platforms still fail during times of high volatility 

As much as it sucks, it’s a good sign 

Chainlink devs sell 

https://www.trustnodes.com/2020/08/14/chainlink-devs-dump

I remember when McAfee would tweet a coin of the day and it would pump 20%. I bet the same thing ends up happening with Portnoy. 

He’ll make a bunch once he realizes how much he can manipulate the small caps. 

He’s only on Gemini and doesn’t really know what he’s doing yet but he’ll learn. 

OXT +14% since Portnoy shilled it 

Tweet from Binance CEO 

“Very high traffic. Auto-scaling was a little behind. There was a balance syncing issue, fixed. There was also a web traffic hitting limit issue, fixed. Both lasted a few minutes.

The next wave will be big.” 

Added more TOMO at $1.30 

Binance CEO 

“We are seeing ATH in terms of system traffic. Higher than Dec 2017. Should be interesting to see what happens next.” 

Make sure you accumulating that ETH for staking purposes 

Just a reminder what a crypto bull market looks like

Dec 2016 

BTC $773

ETH $7.50 

XRP $0.006 

LTC $3.50 

Monero $7.80 

Dash $8.80 

Jan 2018 

BTC $13,000 

ETH $1,400 

XRP $2 

LTC $330 

Monero $400 

Dash $1200 

2020 

BTC $5,000 

ETH $100 

ADA $0.04 

LTC $40 

Link $3 

Tezos $1 

December 2021 guesses? 

BTC $60,000 

ETH $3,500 

ADA $3 

LTC $600 

Link $100 

Tezos $50 

YFI 

@Arthur_Ox called $10k YFI last month 

Some people are so deep in crypto I don’t even know what they’re talking about most of the time 

Alternative snake oils go down