Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Thanks for the clarification. I got confused like a motherfucker. I follow this thread pretty closely. I got some Shiba Inu and some Luna. I am going to stock up on both just waiting for that shit to drop some more. When it start rising around September, then I will get some major returns on my trades. I give this downturn a few months. Even if it last longer, the powers that be know crypto is here to stay. I fucked up during the doc com era and missed out on the money. But not this fucking time. I am going to ride this bitch till the wheels come off. You see, Amazon, Apple and several other of those .coms are still fucking here. History, knowledge and experience is a motherfucker.
What makes you think September? Inflation didn't react to the Fed pump fake, but the markets did. The Fed is reactive to inflation, not proactive. That means more pain to come in stocks and that means more pain to come in crypto. We haven't even seen housing really fuck up like that yet. The pink slips ain't even popping yet. Once pinks slips fly, housing will start to come down too.
Then the dumb ass war which is an excuse for everyone from Fed to our lawncare guys.
Fucked up but I am thinking total reset on crypto to before last bullrun prices. Not saying it will happen, but now that these price breach confirmations have happened with both BTC and ETH, it's on the table for me. Perfect buying opportunity when savings rates will be at historic lows, high UE, and only people with money will be able to get richer.
I once though June max pain and then a bounce, but don't see a bounce until the macro picture is settled.
I pulled out but have a bit left in small alts.
Not sure if there gonna be a recovery this year.
Not sure if there gonna be a recovery this year.
get used to it..it will repeat itself..its a cycle ...like I was saying
I can't see the market bouncing back..no time soon..folks not only
panic selling they are taking money out for summer vacay....
I think September will bring about a change. It will be the end of the third quarter and I just got a feeling shit is going to make a change then. We will see. I really believe crypto will start rising then and make major gains before the end of the year. I think a lot of us will be wealthy, that is, if you aren't already.
As long as you know it's a cycle your doing better than those who don't.
I think we all know it's cycles, but the brutality of this one along with a blowoff top being absent makes it different than past cycles. Yeah, we don't have many data points, but this cycle just broke everything. Remember when crypto guys were saying since there wasn't a blowoff top there wouldn't be major losses like this?
What's that everyone been going on for a couple years now? The Great Reset? Sure feels like it. We keep thinking there has to be a reasonable bottom, but maybe it will be completely unreasonable. Scam wick some folks into oblivion before it's all said and done.
I think we all know it's cycles, but the brutality of this one along with a blowoff top being absent makes it different than past cycles. Yeah, we don't have many data points, but this cycle just broke everything. Remember when crypto guys were saying since there wasn't a blowoff top there wouldn't be major losses like this?
What's that everyone been going on for a couple years now? The Great Reset? Sure feels like it. We keep thinking there has to be a reasonable bottom, but maybe it will be completely unreasonable. Scam wick some folks into oblivion before it's all said and done.
Bruh dont forget El Salvador, their move to bitcoin and blockchain scared the living shit out of the international monetary fund,
plus the president was convincing other third world countries to get involved... You KNOW the international banksters
are not gonna just sit by and let El Salvador become free from their tentacles..!!
They are causing pain now, but in the long run that move will pay off nicely for EL Salvador, I just hope they
protect the president,
Sheet El Salvador bitcoin play got the international banksters shitting bricks way more than putin....
waaay fuckin more!!
Yeah, I mentioned that before. That's why the IMF made other countries swear they would go hard at crypto in order to get bailouts. They been all over El Salvador. I mentioned it made me nervous all the press they were getting. Picture BTC going to 100k while El Salvador telling the IMF(basically the U.S.) to go fuck itself.
Oh well, I feel like Noah. Knew the flood was coming and I'm just in here waiting for the rainbow.
A Closer Look at the Very Harsh TOS of Celsius Network
sierre.substack.com
A Closer Look at the Very Harsh TOS of Celsius Network
Pushing to keep these articles free. Appreciate the work? Buy me a coffee: 0xC29efA445a8e2c1511c1A5224F2843b804f9C999 (ETH,wBTC,other major ERC-20 tokens) Twitter: @preesy_tt
A Closer Look at the Very Harsh TOS of Celsius Network
A Closer Look at the Very Harsh TOS of Celsius Network
Pushing to keep these articles free. Appreciate the work? Buy me a coffee: 0xC29efA445a8e2c1511c1A5224F2843b804f9C999 (ETH,wBTC,other major ERC-20 tokens) Twitter: @preesy_tt
99 percent of the people just sign on the dotted line...
I'm guilty of that at least 95 percent of the time...
I've changed that and learned how to sign contracts.
you really have to pay attention if you have
money in crypto. The space moves fast! I
had 45k in usdc Celsius, getting apy every
week. once the terra luna shit happened I
snatched my $ off immediately!
They(Celsius) even started putting out
disclaimers b4 the freeze, that if they went
bankrupt your funds would be theirs! So did
coinbase!
money in crypto. The space moves fast! I
had 45k in usdc Celsius, getting apy every
week. once the terra luna shit happened I
snatched my $ off immediately!
They(Celsius) even started putting out
disclaimers b4 the freeze, that if they went
bankrupt your funds would be theirs! So did
coinbase!
All I do is stack sats!
I dca weekly into btc and thats it!
I'll have a whole btc very soon, and will
continue to stack! I dont fuck with shit
coins! Not even eth! Btc is the most
decentralized coin out here and has a 13
year track record, no ceo, is maintained by
a plethora of nodes for its network! I dont
hold any Satoshis on the exchange either.
Buy put in cold storage! I have the $ to go
and buy about 3 btc right now, but unless it
wicks to 10k I'm not putting in a lump
sum...just continue to dca!
I dca weekly into btc and thats it!
I'll have a whole btc very soon, and will
continue to stack! I dont fuck with shit
coins! Not even eth! Btc is the most
decentralized coin out here and has a 13
year track record, no ceo, is maintained by
a plethora of nodes for its network! I dont
hold any Satoshis on the exchange either.
Buy put in cold storage! I have the $ to go
and buy about 3 btc right now, but unless it
wicks to 10k I'm not putting in a lump
sum...just continue to dca!
not your keys...
not your coins!!!
not your coins!!!
btc will see no new ath until after next
halving or halfing in 2024! Put in what you
can afford to lose every day, week, month!
*not financial advice. Lol.
halving or halfing in 2024! Put in what you
can afford to lose every day, week, month!
*not financial advice. Lol.
free Satoshis, and they really pay out!
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This the the psychological break most aren’t ready for.The market did this shit few years ago same time. Only difference is now there is a whole lot more money in the market.
Stack up right now fellas you gotta have nerves of steel. I know it’s difficult but stay the course.
Im thinking this market will hit bottom by the end of this month but we’ll see.
This article should give you your answer.
Voyager Digital Secures Loans From Alameda to Safeguard Its Assets
Crypto broker Voyager Digital (VOYG) signed a non-binding term sheet with quant trading shop Alameda Researchto secure a revolving line of credit to safeguard its customers’ assets from current bear market conditions.
The loan will be in two parts. The first is a cash/USDC-based credit facility with an aggregate principal amount of $200 million. The second revolving credit facility is for 15,000 BTC. Voyager will only use the credit facilities if needed to safeguard customer assets, the broker said in a statement on Friday.
The credit facilities will expire on Dec. 31, 2024, and will have an annual interest rate of 5% payable on maturity.
"Today's actions give Voyager more flexibility to mitigate current market conditions and strengthen our relationship with one of the industry leaders," said Voyager’s CEO Stephen Ehrlich.
In addition to the funds available under the credit facilities, Voyager said it has more than $200 million on its balance sheet.
On May 17, shares of Voyager Digital were downgraded to neutral from buyby boutique investment firm Compass Point, which cited headwinds across the crypto industry and questioned how the trading platform's retail investors will fare during the market rout.
Previously, Voyager raised $60 million in a private placement offering at $2.34 a share led by Alameda Research. The stock of the broker has fallen about 91% this year, trading around C$1.34 per share on Friday, according to TradingView data.
Voyager Digital Secures Loans From Alameda to Safeguard Its Assets
The loan will have $200 million cash/USDC-backed credit facility and 15,000 BTC.
Kats out here losing everything behind greed, still can't understand why people are still betting the whole farm and not what they can afford to lose. If people haven't paid attention that for like the last 5 or so years Crypto always volatile during this time of the year and is a double edge sword. Only people who can really profit from it are those watching it damn near 24/7 with money they can afford to lose, it always goes up and stabilizes in the Fall like clockwork. The main problem is the large injection of new Crypto Currency flooding the market, Scam Crypto Currency(The New Ponzi Scheme) and the once secure Blockchain is no longer as secure as it once was.
An attack on crypto proves the elite at being financial gluttons are and have always
been waging an economic war on the upper and middle classes..
the fact that bitcoin is STILL hovering aroung 20 thousand means that many in
the crypto world got the message and is pushing back!!
bitcoin could still go below ten thousand, but this pushback
is a very healthy sign of things to come!!!
Bwhahahahahaaaaa.. yea Im Team Crypto fully loaded,
but I kinda agree with them, I cant fuck with no NFTs bruh..
and help me out, an NFT is just a fuckin unique piece of art, that you
purchase to fuckin OWN,
I mean I know what it means but whats the frenzy
to get in on it.. yea... like art you own
but technically you dont REALLY own it??
like whaa da fuck???
hey folks can do what they want with their money, but I just dont see
this nft thingy at all, maybe you have to be fully immersed in the metaverse
to get it...because I dont get that shit at all bruh!!!
I mean I understand dudes wanting to sell shit, its the buyers,
Im like.. uh why??
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