Crypto Megathread V15 - Where the hits keep on coming!

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Fuzzybabyducks said:
Probably .. people here like to blame him when it falls then give no credit when it goes up though ...
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The people that buy and sell are the reason for it going up and down. He's not even in the market, except for Doge.

The whales causing scarcity is the reason it'll actually take off.. like the whale that bought 100k ETH last night and caused the price to jump 6 percent instantly.

But Elon.
 
TeTe said:
The people that buy and sell are the reason for it going up and down. He's not even in the market, except for Doge.

The whales causing scarcity is the reason it'll actually take off.. like the whale that bought 100k ETH last night and caused the price to jump 6 percent instantly.

But Elon.
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Well that’s not true . He is in the market. Also don’t blame his tweets when it falls then, it’s the whales selling
 
Fuzzybabyducks said:
Also don’t blame his tweets when it falls then, it’s the whales selling
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This is pretty much correct. All you really have to look at is buy and sell volume.

I won't deny that Elon has moderate influence over retail investors, but the paper handed ones make up a small minority in the overall market.
 
TeTe said:
This is pretty much correct. All you really have to look at is buy and sell volume.

I won't deny that Elon has moderate influence over retail investors, but the paper handed ones make up a small minority in the overall market.
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Idk seems to be a lot of paper hands around .. I buy and am holding everything until atleast 2025. I haven’t even checked my stocks or crypto in awhile ... some of my stock buddies in discord are panicking .. like why it’s just gonna go back up... but they selling smh..
 
TeTe said:
This is pretty much correct. All you really have to look at is buy and sell volume.

I won't deny that Elon has moderate influence over retail investors, but the paper handed ones make up a small minority in the overall market.
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Spot on. Everything Elon does gets a ton of press coverage and social media coverage which does affect retail investors with no backbone or knowledge of crypto. BUT those retail investors are typically such a small minority that they don't really move the numbers a lot. The whales can move it for sure but the smart whales are sitting there buying or selling huge amounts of crypto based on Musk.
 
Do any of you use a cold wallet? If so which, I know Ledger is popular but it also had that data leak or whatever, Ellipal seems to be the closest to a high end one.
 
Rygu said:
Do any of you use a cold wallet? If so which, I know Ledger is popular but it also had that data leak or whatever, Ellipal seems to be the closest to a high end one.
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delish-whoa-lo-giant-hot-pocket-2-1539871293.jpg


I recommend a Hot Pocket Ohhhhhhhhh!!!!! <Moves>
 
Anyone getting some SNL vibes from this? Where the big pump was right before the event and then there was a massive dump...
 
Motivated BJ Penn said:
Anyone getting some SNL vibes from this? Where the big pump was right before the event and then there was a massive dump...
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I think like the SNL hosting, the price was factored into it before it actually happened. This time I think a bunch of people sold, but more bought so we had a 2-2.5k pump.

Whale Alert has been fairly busy I'm guessing people preparing to sell if something unexpected happens during it.
 
Ok so I'm wrong we're pumping and their conference just started.

Probably a lot of PnD happening as well.
 
Also if there are any Sherdog entrepreneurs here, the real move is :

feels-good-man-film.jpg


Invent PepeCoin

Youre welcome. I will take 69% of the cut.
 
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