https://youtu.be/vURfH2_AV7g
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The saga with Polkadot marketing continues. just next time when some kol, mentions to you to buy the dip at every single correction. you'll wonder where he got the money from. but money does not come from trading just from promotional posts from various projects. itβs easy to buy off every correction and push any crap on you if, for example, polkadot pays you 20 thousand for several posts) filter your feed, friends. Now think about meme coins shilling βhidden gemsβ, alpha callers etc, how do they generate money.
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TNSR price updates!
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According to a post by a Bittensor community administrator on Discord, the suspension is a precautionary measure to ensure the security of users' funds. Blockchain analyst ZachXBT reported that approximately 32,000 native Bittensor (TAO) tokens, worth an estimated $8 million, were stolen as a result of the hack.
This incident underscores the importance of robust security measures in the decentralized finance space, particularly concerning the management and protection of private keys. The Bittensor team is expected to provide further updates as the investigation progresses.
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Mew (cat memecoin) price updates!
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Everything going by plan with XAI π
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Open interest on BTC and ETH is now at the low levels of this cycle (like when we were at 16k)
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Lets be honest! BTC looks weird. Range since march.
Targets for BTC weekly i can mark few of them
- Test exit line on weekly. Not so positive.
- Test M fvg under exit line
- Sweep liquidity pool on the left and test W fvg.
Yes market looks absolutely ugly.
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Targets for BTC weekly i can mark few of them
- Test exit line on weekly. Not so positive.
- Test M fvg under exit line
- Sweep liquidity pool on the left and test W fvg.
Yes market looks absolutely ugly.
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What have I learned in these couple of months since March 2024! while Bitcoin is flat
π€ The fundamentals are absolutely not important! no matter what anyone says, any token on a growing market can always grow just like that, because it is a speculative startup! The team and holders will, of course, link growth after the fact to some fundamental events and updates in this project! But in the example of many coins, we see that the βhard workβ that the teams supposedly did led many tokens to the price of 2022! It turns out that with or without this work, we would still come here! Therefore, if the token is not an outright scam, you donβt have to analyze the fundamentals of the project! Market makers will still do their job by delivering the price from one liquidity pool to another
π€ As always, all news is delivered on time, good and bad! To create the right mood, there is no need to compare cycles or look for patterns! People then find all these patterns after the fact! If you want to find something on the graph that appears right, you will find it!
π€ When necessary, people always compare Bitcoin and sp500, looking for correlation! But when sp500 updates its historical maximum and Bitcoin, like the last shitcoin, pours down 20 thousand, people will find an excuse that this is a correction to knock out weak hands! Itβs not weak hands, but weak minds among people who live with the slogan βto the moon!β
π€ Polkadot showed us how to spend 37 million in 6 months on advertising, paying bloggers, and drive the token down -60 percent! That is, any token moves simply according to a predetermined algorithmic plan controlled by exchange software and market makers! there was no need to spend this money on useless advertising that did not move the price even by 10 dollars!
π€ Large accounts earn money not from trading and investments, but from partnerships with tokens and exchanges! With meme tokens on presales and top tokens from advertising! Therefore, calls to buy every bottom look stupid! I repeat, small accounts for 100 people can provide better information and analytics than accounts for 500 thousand people on Twitter
π€ Closing a candle doesn't mean anything! How many times have we seen the news that if Bitcoin consolidates by closing a candle above a certain level, this will lead to something! We closed and then fell further or grew for no reason! Classic analysis does not work because it does not take into account news and macro in the world! Bitcoin can gain a foothold anywhere, test any moving average, put together a bunch of factors, but any news about Mt Gox or a Chinese attack on Taiwan will nullify all this analysis! But of course, after the fact, people will find patterns in this movement too!
π€ Investments are just investments to simply wait for the right moment to sell! Now we see that the exit strategy and withdrawal of the initial deposit is the most reliable strategy for your mental health! Everything will be fine in the distance! Not all coins will update and should not update their ath! Don't believe these stupid myths!
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Mt. Gox has confirmed that the first creditors have received their payments under the Recovery Plan
Payments to remaining creditors will be made immediately once the following conditions are met:
- the validity of registered accounts is confirmed
- the intention to sign an Agency Agreement on receipts on the part of the Designated Cryptocurrency Exchanges has been accepted
- discussions between the Trustee and the Designated Cryptocurrency Exchanges regarding redemption have been completed
- it is confirmed that redemption can be carried out reliably and safely
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Payments to remaining creditors will be made immediately once the following conditions are met:
- the validity of registered accounts is confirmed
- the intention to sign an Agency Agreement on receipts on the part of the Designated Cryptocurrency Exchanges has been accepted
- discussions between the Trustee and the Designated Cryptocurrency Exchanges regarding redemption have been completed
- it is confirmed that redemption can be carried out reliably and safely
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https://youtu.be/3w1Sn7zSs8o
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To everyone who asked about how miners can stop mining! Pretty simple. At this current price of BTC, mining equipment becomes unprofitable for operators. At an electricity cost of $0.08 per kWh, all ASIC miners with an efficiency below 23 W/T operate at a loss. So in a future, with ETF you understand people can just buy and trade this not real paper BTC and make a profit!
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What effect could rising unemployment in the US have on Bitcoin's price?
Data from few days ago showed US unemployment at 4.1%, the highest since December 2021.
Jag Kooner, head of the derivatives division at Bitfinex, noted that the systematic decline in US employment could be a positive factor for Bitcoin.
The understanding that an economic downturn and a tightening labor market will force the Fed to cut interest rates faster is leading investors to seek alternative investment opportunities.
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Data from few days ago showed US unemployment at 4.1%, the highest since December 2021.
Jag Kooner, head of the derivatives division at Bitfinex, noted that the systematic decline in US employment could be a positive factor for Bitcoin.
The understanding that an economic downturn and a tightening labor market will force the Fed to cut interest rates faster is leading investors to seek alternative investment opportunities.
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We came back to this line again! One more time, sometimes when i wont believe we can come back even in worse case scenario to Take Profit indicator buy line, because this time should be different, market give us slap face and we landed exactly to this line βοΈ . Noted! Gala updates
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US regulators are waging a secret campaign to deprive the crypto industry of banking services, as stated by a former Obama administration lawyer and Paul Clement in a joint brief for the Custodia Bank v. Federal Reserve case. Despite the industry's urgent need for banking services, the brief alleges that regulators have carried out a coordinated effort to debank the sector. According to the lawyers, the Office of the Comptroller of the Currency issued an informal order with unrealistic requirements that restrict banks from working with crypto companies - CLICK
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The wallet received BTC ($738K at the time) at an average price of $735 on November 25, 2013 and March 13, 2014.
Address:
1B1o9yxkweyh7zbjC5EpGNPLDWHsD33NpM
So one more time maybe theory about pyramiding sales elites its not a conspiracy.
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