Bitcoins - about to hit $5,000 per coin today!

[Flexacon]

Eth pumping hard and hitting my 3k target.  Sell order in place in case it crashes, otherwise mid/high 3K on the cards.

[FitnessFrenzy]

Good to see all these coins going higher. I think that will also be good for my stock investments (a risk on mode)

[FitnessFrenzy]

great stuff 

[Griffith]

The sooner Ethereum can decouple from Bitcoin, the better.

[Flexacon]

The sooner Ethereum can decouple from Bitcoin, the better.

The flippening needs to happen first and then there a good chance of decoupling. Both look a long way away though.

[Mayday]

I am the exact opposite of the retail market sentiment right now.

US senate after day 2 have no agreement to pass the intrastructure/crypto bill. They will try again tomorrow. The retail market gives no shits that this is even a thing, will rally until decision.

Where we are right now is the closest point where bull market and bear market meets. This is the decision point I have been waiting for since I exited.

What you are not seeing in price action is Whales dumping on retail and draining their energy. This is margin. They are also hitting retail with spot.

Notice how above 44k the dumping became more aggressive and where are we now?

44k Funny that…… 😏

[Flexacon]

I am the exact opposite of the retail market sentiment right now.

US senate after day 2 have no agreement to pass the intrastructure/crypto bill. They will try again tomorrow. The retail market gives no shits that this is even a thing, will rally until decision.

Where we are right now is the closest point where bull market and bear market meets. This is the decision point I have been waiting for since I exited.

What you are not seeing in price action is Whales dumping on retail and draining their energy. This is margin. They are also hitting retail with spot.

Notice how above 44k the dumping became more aggressive and where are we now?

44k Funny that…… 😏

2 of the 3 last big moves had "cover stories". Elon/Tesla going cold on BTC made it tank and Amazon "accepting" crypto made a pump. Can't remember if there was something similar for the other crypto dump.

The bill being discussed today would fit perfectly for a massive dump. I'll be on 4chan waiting for the "insider" 

[Flexacon]

Gold and Silver just puked hard. Crypto and stocks next? I'm out with my 40% ETH gains.

Good luck with your play Mayday.

[Pray_4_War]

Should I sell and take profits on my ETH?  Looks like we are coming up on make or break time for BTC and ETH.

I've been hoping the BTC price would really shit the bed and I could buy some more but thus far it hasn't happened.

[Mayday]

Gold and Silver just puked hard. Crypto and stocks next? I'm out with my 40% ETH gains.

Good luck with your play Mayday.

Good work mate, you made a good gain there on ETH. Congrats.

I'm sticking with my crypto call and i have been short BTC from just under 45k @ 10x so i'm sitting pretty comfortably right now lol. I came pretty close with a 44k price call for the top.

US senate delayed but is going to pass the original bill. Sorry boys, crypto is gunna get rug pulled.


My September call not sounding so batshit crazy now huh....... aliens lol 

[FitnessFrenzy]

$ 45,687.00

[Mayday]

$ 45,687.00

And dumping steps up a notch……

Issa ok, MM will protect my short, they’ll just keep dumping.

[OneMoreRep]

And dumping steps up a notch……

Issa ok, MM will protect my short, they’ll just keep dumping.

Well, I'm starting to think that guys like Richard Heart and you might be correct about the incoming dump.

With congress going towards aggressive taxation of all things crypto and given BTC's historical dump every few years, I wouldn't be surprised if $BTC does indeed go down to about $10K.

Question is, what's the best option? Buy into a stablecoin like Tether, weather the storm until the lowest of lows hit and then buy back into your favorite coins for double the volume (given the low prices)? Or will stablecoins as well take a hit if all things crypto do in fact get taxed?

Questions, questions....

"1"

[Theoak*]

.

[FitnessFrenzy]

[Flexacon]

Change to crypto tax rules rejected. Nice pump incoming. Not getting involved as this looks like a set up for 40% plus dump.

https://www.bloomberg.com/news/articles/2021-08-09/change-to-crypto-provision-in-infrastructure-bill-blocked

[OneMoreRep]

Change to crypto tax rules rejected. Nice pump incoming. Not getting involved as this looks like a set up for 40% plus dump.

https://www.bloomberg.com/news/articles/2021-08-09/change-to-crypto-provision-in-infrastructure-bill-blocked

Was seen like a major loss to the crypto ecosystem. Why do you see a nice pump coming? Isn't this going to hurt miners and the such? Granted, it's not going to take effect until 2023, but still. Why the idea of a pump?

Are you taking the angle that it's bad for retail traders and the average person on the ground, miners included, but great for institutions?

"1"

[Flexacon]

Was seen like a major loss to the crypto ecosystem. Why do you see a nice pump coming? Isn't this going to hurt miners and the such? Granted, it's not going to take effect until 2023, but still. Why the idea of a pump?

Are you taking the angle that it's bad for retail traders and the average person on the ground, miners included, but great for institutions?

"1"

The move was blocked, so bullish for buyers. Even with it passed at this level (senate) it wouldn't have been implemented for several years and would still have needed approval from the next level up. That level is generally more crypto friendly, so this bill was very unlikely to pass.

This all felt like FUD, but now it creates bullish sentiment and retail fomo. I'm expecting them to get nuked soon, but not counting out another ATH post nuking. It all depends on wall st not burning down in the next few months..

[OneMoreRep]

The move was blocked, so bullish. Even if it had passed at this level (senate) it wouldn't have been implemented for several years and would still have needed approval from the next level up. That level is generally more crypto friendly, so this bill was very unlikely to pass.

This all felt like FUD, but now it creates bullish sentiment and retail fomo. I'm expecting them to get nuked soon, but not counting out another ATH post nuking. It all depends on wall st not burning down in the next few months..

It was?

Wait, this thing has evolved so many times over the last 1-2 days that it's been hard to follow. Didn't Shelby put the kibosh on the amendments that would have been crypto-tax friendly, because he wasn't able to get pork barrel spending as his handlers had wanted (Defense spending and Wall Street incentives)?

Did all of this change over the last hour?

"1"

[Flexacon]

It was?

Wait, this thing has evolved so many times over the last 1-2 days that it's been hard to follow. Didn't Shelby put the kibosh on the amendments that would have been crypto-tax friendly, because he wasn't able to get pork barrel spending as his handlers had wanted (Defense spending and Wall Street incentives)?

Did all of this change over the last hour?

"1"

I'm definitely not doing a great job explaining this. My apologies, it's 2.30am here

The bill would only affect the US, and now it's been blocked retail will see it's changed nothing, prices still stable or going up so fomo will continue. (crypto/btc survives another FUD, it's bulletproof type buy sentiment)
 
Also this bill is still up for debate, but at the top level it's more crypto friendly so is unlikely to see it be put into action in 2023. This is why I say this feels like planned FUD campaign. It feels like it's more for newspaper headlines or someone using it for some kinda leverage for their own ambitions.

[OneMoreRep]

I'm definitely not doing a great job explaining this. My apologies, it's 2.30am here

The bill would only effect the US, and now it's been blocked retail will see it's changed nothing, prices still stable or going up so fomo will continue. (crypto/btc survives another FUD, it's bulletproof type buy sentiment)
 
Also this bill is still up for debate, but at the top level it's more crypto friendly so is unlikely to see it be put into action in 2023. This is why I say this feels like planned FUD campaign. It feels like it's more for newspaper headlines or someone using it for some kinda leverage for their own ambitions.

HOD'Ling for dear life continues!

"1"

[Flexacon]

HOD'Ling for dear life continues!

"1"

I hope you're not saying I'm making an excuse to hodl   

Have you read my posts in the last few monthd on here?  (I actually sold ETH yesterday because gold and silver dumped and my main concern is not to get bag holding in a global market crash)

I told Mayday this bill will play out in a retarded way and those that don't fold (hodled) through this would win this round. Tell me I was wrong?

[OneMoreRep]

I hope you're not saying I'm making an excuse to hodl   

Have you read my posts in the last few monthd on here?  (I actually sold ETH yesterday because gold and silver dumped and my main concern is not to get bag holding in a global market crash)

I told Mayday this bill will play out in a retarded way and those that don't fold (hodled) through this would win this round. Tell me I was wrong?

No. Didn't think you were making an excuse. The hod'ling is my strategy.

"1"

[Flexacon]

No. Didn't think you were making an excuse. The hod'ling is my strategy.

"1"

Staking will supercharge your hodling strategy. I hope your policy makers will see sense and not deny you this.

[Mayday]

I said I’d tell you when I’d flip……

BULL!

Rise from the filthy dirt you degenerate piece of shit coins. Let’s us rush forward under the cover of broad daylight!