Epic Pennant on BTC Chart

[joe91]

13 hours ago, MQB said:

Now it’s $0.00036. Congrats you’ve made 30x 

Why the algorithm is not burning more Luna?! Where they have posted that they made change to this mechanism?  Its strange! but of course when they froze the supply increase; it went up huge......

another sleepless night in self spanking.....

Anyone, any thoughts?!

 

(Also what they will announce tomorrow (or today) as they promise ?!

[joe91]

Just now, joe91 said:

Why the algorithm is not burning more Luna?! Where they have posted that they made change to this mechanism?  Its strange! but of course when they froze the supply increase; it went up huge......

another sleepless night in self spanking.....

Anyone, any thoughts?!

 

(Also what they will announce tomorrow (or today) as they promise ?!

not burning (i meant minting)

[brianwalden]

21 hours ago, Ripley said:

With due respect to the person who wrote the original TA, Luna doesn’t qualify as a black swan event. It was anticipated, even warned about, but ignored. Black Swans are truly unanticipated events.

The US deciding to blacklist US Treasuries held by Russia could be considered a black swan. No sovereign ever conceived that this would ever happen. Not even the worst sanctioned countries had that happen to them so far.

I agree, Terra knew this was a possibility from the very beginning and admitted it. They thought they were prepared for it. They were wrong, but this wasn't an unforseen outcome.

I've found that in crypto in particular, perhaps because this is such a young and fast-changing space, words quickly adopt new meanings. I don't think this would qualify as a black swan event as Taleb coined the term, but it's analogously similar to one. Same as how Terra wasn't a ponzi strictly speaking, but if you call it one everyone knows what you mean.

[Frisia]

On 5/14/2022 at 4:25 PM, MQB said:

Now it’s $0.00036. Congrats you’ve made 30x 

No sorry, it was $0.00011759 🙄. I think the lowest was about $0.00003

[Eric123]

Bitcoin is below the down trend line after breaking it yesterday. 

[QuestionMark]

12 minutes ago, Eric123 said:

Bitcoin is below the down trend line after breaking it yesterday. 

Is this shaping up to be the worst May in Bitcoin's history or am I just imagining things? May has generally been a pump month for BTC but it looks like this year, unless something spectacular happens, it will likely be nothing to write home about...

[xrp-nuke]

13 hours ago, Frisia said:

No sorry, it was $0.00011759 🙄. I think the lowest was about $0.00003

The lowest was on Binance 0.000001, you could buy only 9M per trade for circa 10$ , the order book were clearing very fast, but it was there for some time.

[Benaoao20]

About a month ago I thought I was a genius after “diversifying” my 100% XRP stash into terra, solana, cardano and earned a few thousands xrp when the other alts were outperforming us… I kinda lost those gains screwing around with other alts and then I got fed up and decided to go back to 100% XRP. Totally disconnected from the crypto sphere while launching 2 businesses IRL. I wasn’t even aware of the terra crash. My face right now 😳🥵 guess I’m lucky and strongly considering grabbing some extra XRP… or is it a falling knife?

Edited May 17, 2022 by Benaoao20

[SpenserReed]

11 hours ago, QuestionMark said:

Is this shaping up to be the worst May in Bitcoin's history or am I just imagining things? May has generally been a pump month for BTC 

And it has not ended yet 

[xrp-nuke]

9 hours ago, Benaoao20 said:

or is it a falling knife?

Prior December 2020, if you would tell that XRP will be sueued by SEC, you would get a lot of laugh on you, trolling, labling BTC/ETH maxi basically a lot of hate.

All is needed is to catch momentum.

[Benaoao20]

10 hours ago, xrp-nuke said:

Prior December 2020, if you would tell that XRP will be sueued by SEC, you would get a lot of laugh on you, trolling, labling BTC/ETH maxi basically a lot of hate.

All is needed is to catch momentum.

Well last time I invested a few 1000s it was around the exact same prices early on last year when there was blood on the SEC streets… then went x4 within less than 2 months. I’m very tempted but I have too much to catch up on. Wtf happened with terra… some research is due. 

Edited May 17, 2022 by Benaoao20

[Eric123]

Bitcoin still has not broken through the down trend line.  Still waiting on this move.  Hash rate is hit the second highest level ever yesterday.  

[Eric123]

Bitcoin broke the down trend line today.  Still have to see if it "closes" above the line.

[Eric123]

Bitcoin has moved through the Down Trend Line.  

The hashrate has fallen below 200 E/hs almost made it to a full month above 200 E/hs.

[Eric123]

Price is flat but once again breaking through but on low volume.  Moves on low volume days largely cannot be trusted but it's really not moving anywhere.