Seoulite Posted May 30, 2021 Share Posted May 30, 2021 6 hours ago, BarnBuilder said: when the BTC weekly and monthly technicals said to get out of this market by 58K If you look back in this thread you will see that I called the end of the BTC bull run when it broke down through 60k. I was called a drama queen for my trouble. I am not a permabull. I am bullish when I think it's bullish and bearish when I think it's bearish. If I think the chart looks bearish I will say so here. At the moment I don't think it is does so I'm not saying that. WarChest, CaptainCorningware, Chookstar and 1 other 4 Link to comment Share on other sites More sharing options...
xrp-nuke Posted May 30, 2021 Share Posted May 30, 2021 18 minutes ago, Seoulite said: If you look back in this thread you will see that I called the end of the BTC bull run when it broke down through 60k. I was called a drama queen for my trouble. I am not a permabull. I am bullish when I think it's bullish and bearish when I think it's bearish. If I think the chart looks bearish I will say so here. At the moment I don't think it is does so I'm not saying that. You are drama queen 😁 As was told to you by many people many times if BTC down, XRPBTC grow is only has two reasons: support USD price or mitigate sharp crash. You called BTC down and XRP up, so far as was said you many times it goes down with BTC. So, to sump up: BTC went down, XRP went down, no magic since Apr 2021. Link to comment Share on other sites More sharing options...
BarnBuilder Posted May 30, 2021 Share Posted May 30, 2021 21 minutes ago, Seoulite said: If you look back in this thread you will see that I called the end of the BTC bull run when it broke down through 60k. I was called a drama queen for my trouble. I am not a permabull. I am bullish when I think it's bullish and bearish when I think it's bearish. If I think the chart looks bearish I will say so here. At the moment I don't think it is does so I'm not saying that. I appreciate the different views. This is going to hit a bottom soon. I think what we do next is more important. For me, I have to pick a point to redeploy USDT, and then I have to decide is BTC going on to ATH's or going to rebound 1 last time and drop to new lows. We need to see USDT storages drop. Seoulite 1 Link to comment Share on other sites More sharing options...
xrp-nuke Posted May 30, 2021 Share Posted May 30, 2021 24 minutes ago, Seoulite said: If you look back in this thread you will see that I called the end of the BTC bull run when it broke down through 60k. I was called a drama queen for my trouble. I am not a permabull. I am bullish when I think it's bullish and bearish when I think it's bearish. If I think the chart looks bearish I will say so here. At the moment I don't think it is does so I'm not saying that. Also 2k sats can be a bottom for XRP support price if BTC drops to 10k and XRP to 0.2k. So yeah that range a bit useless imho. Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 30, 2021 Share Posted May 30, 2021 2 minutes ago, BarnBuilder said: We need to see USDT storages drop. You kinda lost me here. What do you mean by this? Link to comment Share on other sites More sharing options...
xrp-nuke Posted May 30, 2021 Share Posted May 30, 2021 7 minutes ago, Neurotoxin said: You kinda lost me here. What do you mean by this? Would assume accumulation of stablecoins drops and coins wallet accumulation increase. Neurotoxin 1 Link to comment Share on other sites More sharing options...
Seoulite Posted May 30, 2021 Share Posted May 30, 2021 14 minutes ago, xrp-nuke said: Also 2k sats can be a bottom for XRP support price if BTC drops to 10k and XRP to 0.2k. So yeah that range a bit useless imho. It's a chart that people buy and sell on. It's not an indicator. It's literally just a price. Link to comment Share on other sites More sharing options...
Guest Posted May 30, 2021 Share Posted May 30, 2021 Patience everyone 🙂 In other news, Celsius stablecoin APY is down to 8.8% from about 10.5% a couple of months ago. Makes sense that people sold off and are parking their funds in stablecoins. Let’s see how much the yield needs to fall before demand starts going back up. Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 30, 2021 Share Posted May 30, 2021 1 hour ago, xrp-nuke said: Would assume accumulation of stablecoins drops and coins wallet accumulation increase. Gotcha, that’s along the lines of what I was thinking. Meaning people bought back in if the stablecoin reserves were lowered. Link to comment Share on other sites More sharing options...
xrp-nuke Posted May 30, 2021 Share Posted May 30, 2021 58 minutes ago, Ripley said: Patience everyone 🙂 In other news, Celsius stablecoin APY is down to 8.8% from about 10.5% a couple of months ago. Makes sense that people sold off and are parking their funds in stablecoins. Let’s see how much the yield needs to fall before demand starts going back up. Its a standard rate across all interest account providers, though with nexo you can increase up to 10, but for that you have to have 10% from value in NEXO tokens. Or 12% if you agree to receive interest in NEXO, pretty much working thing. Link to comment Share on other sites More sharing options...
xrp-nuke Posted May 30, 2021 Share Posted May 30, 2021 Damn is it LH or HL 🤣🤣🤣 Link to comment Share on other sites More sharing options...
Shmoe Posted May 30, 2021 Share Posted May 30, 2021 I made a post in the news forum, but thought I’d share here also. Encouraging. https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/judge-denies-sec-access-ripple-155052822.html Chookstar 1 Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 30, 2021 Share Posted May 30, 2021 Is it just me looking at the prices at the right time or is this thing heating up to make a move? Chookstar 1 Link to comment Share on other sites More sharing options...
JASCoder Posted May 30, 2021 Share Posted May 30, 2021 7 minutes ago, Neurotoxin said: Is it just me looking at the prices at the right time or is this thing heating up to make a move? Well... It's like 6am Monday (workday) in Tokyo. Time to read the news over tea, and reach for the trigger ? Maybe we'll see some action in a few hours lol Neurotoxin 1 Link to comment Share on other sites More sharing options...
BluKoo Posted May 30, 2021 Share Posted May 30, 2021 10 minutes ago, Neurotoxin said: Is it just me looking at the prices at the right time or is this thing heating up to make a move? XRP did make a move independently from BTC, so maybe something is brewing but who knows. Link to comment Share on other sites More sharing options...
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