REMINDER: THE ARENA PLATFORM, INC. has no obligation to monitor the Forums. However, THE ARENA PLATFORM, INC. reserves the right to review any materials submitted to or posted on the Forums, and remove, delete, redact or otherwise modify such materials, in its sole discretion and for any reason whatsoever, at any time and from time to time, without notice or further obligation to you. THE ARENA PLATFORM, INC. has no obligation to display or post any materials provided by you. THE ARENA PLATFORM, INC. reserves the right to disclose, at any time and from time to time, any information or materials that we deem necessary or appropriate to satisfy any applicable law, regulation, contract obligation, legal or dispute process or government request. Click on the following hyperlinks to further read the applicable Privacy Policy and Terms of Use.
Who had that Bitcoin target price prediction?
- Thread starter Subway
- Start date
Solid breakout. Hope you got some gains
JASMY looks like it could pop again soon. Curling up off the lower trendline of a big triangle.
Checked Matic just after r32's post. Was struggling at that mark... figured it ain't its day, BTC is too fickle.
Gotta say I'm impressed. Next time less thinking and more heeding.
Now let me get outta here quick before I annoy LifeOnMars.
I'm long EGLD, something down for they day and hasn't been pumping recently 
not buying a coin because of a has been rapper that's way past his expiration date
not buying a coin because of a has been rapper that's way past his expiration date
Changing my BICO buy target to 5.45. According to CMC and Gecko, it seems to have listed at that price. I think it has a good chance of reaching that again, so maybe 5.50 will be my buy .
(.)(.)
Negatives
Brand new coin. Not nearly enough back data to know what levels are important to whales.
Garbage tokenomics. 65m circulating supply but total supply of 1b, so 15.3x more coins than now. Release time 4 years / average of 19.47m every month.
New coin, lists on four major exchanges on same day, is unheard of. Smells fishy and too coordinated. Exchanges don't let a coin project tell them when to list a coin. Exchange list a coin on their schedule. But obviously this was coordinated and it happened because BICO has major VC backing.
Run up 600% in one day and then dumps over 70% the next day. Seen this pump and dump action before, although this is pretty extreme. These PNDs usually end up over 90% pullback. See ICP coinbase listing price action for reference (97% pull back).
Tiny community because it's so new. Will get lost in a sea of new coins, probably.
Plus
Not listed on Binance yet.
On the "not sure if this is a plus or red flag of centralized junk" side
investors joining the $9m round include Coinbase Ventures, CoinFund, Proof Group, Chorus One, Ledgerprime, Huobi Ventures Blockchain Fund, Primitive Ventures, Genblock Capital and Rarestone Capital. In addition, we are also thrilled to get mainstream investors on board such as Bain Capital, NFX, & True Ventures.
Announcing our $9 million raise!
When we started Biconomy, if you told me we would be doing almost 2 million transactions per month within 1 year of the launch I would have…
medium.com
Last edited:
I think this was my key learning this year...
after I'm in, look, but don't touch
I blew it with FIL and LTC this year....but, then again, who knows if I would have hung tight or dumped those peaks based on my first sentence
anyone know where my keys are?
just made $25 on the coinbase earn and learn and transferred it to coinbase pro.
am i crypo'ing yet?
am i crypo'ing yet?
I think this is good advice for investing in the S&P500, not sure it's going to ring quite as true for people buying crypto 20 months into a massive bull run.
if I see an alt double or triple, I'd probably sell
btc/eth/bat I'll sit on for a while
jasmy and other randos I'd be happy flipping if I saw an increase that got my dick sufficiently tumescent
BTC destroyed the market his morning. Whales utilizing the opportunity from this article to send the market into panic mode.
www.nytimes.com
Shorted LTC twice this morning. Good stuff bear-whales.
Still riding MATIC which had the best recovery so far at 13% bounce. Sideline on everything else.
Biden and Trump S.E.C. Chiefs Trade Tips on How to Regulate Crypto (Published 2021)
Gary Gensler and Jay Clayton are aligned on at least one thing: Many types of crypto tokens fall in the agency’s domain.
Shorted LTC twice this morning. Good stuff bear-whales.
Still riding MATIC which had the best recovery so far at 13% bounce. Sideline on everything else.
FDV doesn't seem to matter nearly as much as any of us would expect.Changing my BICO buy target to 5.45. According to CMC and Gecko, it seems to have listed at that price. I think it has a good chance of reaching that again, so maybe 5.50 will be my buy .
(.)(.)
Negatives
Brand new coin. Not nearly enough back data to know what levels are important to whales.
Garbage tokenomics. 65m circulating supply but total supply of 1b, so 15.3x more coins than now. Release time 4 years / average of 19.47m every month.
New coin, lists on four major exchanges on same day, is unheard of. Smells fishy and too coordinated. Exchanges don't let a coin project tell them when to list a coin. Exchange list a coin on their schedule. But obviously this was coordinated and it happened because BICO has major VC backing.
Run up 600% in one day and then dumps over 70% the next day. Seen this pump and dump action before, although this is pretty extreme. These PNDs usually end up over 90% pullback. See ICP coinbase listing price action for reference (97% pull back).
Tiny community because it's so new. Will get lost in a sea of new coins, probably.
Plus
Not listed on Binance yet.
On the "not sure if this is a plus or red flag of centralized junk" side
investors joining the $9m round include Coinbase Ventures, CoinFund, Proof Group, Chorus One, Ledgerprime, Huobi Ventures Blockchain Fund, Primitive Ventures, Genblock Capital and Rarestone Capital. In addition, we are also thrilled to get mainstream investors on board such as Bain Capital, NFX, & True Ventures.
Announcing our $9 million raise!
When we started Biconomy, if you told me we would be doing almost 2 million transactions per month within 1 year of the launch I would have…
Major VC involvement is a double-edged sword; that generally means there's a lot of institutional money in cheap that will be happy to dump on you.
Job numbers also came in bad and there's fear that the Fed will raise rates to combat inflation, combined with sentiment that asset markets are overvalued in general. Stocks are also shitting the bed. Crypto is more correlated now with tradfi markets than people think; I doubt it's the SEC pontificating about crypto driving this one, especially when the Boomers there don't understand it in the first place.
According to MMT another way to slow inflation is to tax currency back. Right. Not going to happen. The Fed seems to have only one dial after the money has been printed - interest rates. We can't turn those up because that would affect our debt service. What a bind. It seems we hit the limits of MMT in only 11 years of implementation.
I agree on the Boomer take. Congress (Boomers) are used to running 20th century grifts and don't seem to understand crypto. Crypto advocates are pitching it as a distributed ledger rather than a currency and thus a way to streamline banking. Billionaires really seem to like crypto for these reasons. The rest of the private sector seems to agree.
Congress is warning that this will be the end of their fiat control, but crypto is booming because fiat - particularly the USD - is suffering a crisis of legitimacy. Lebanon and Turkey could signal the future.