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Now that would be a Miracle..but far from impossible. Lol. Sadly Coins are trading the pattern of the Stick market. Until the Bull comes again which i say is 9-36 months i dont see it happening. Ethe may be 450 at support again
Look at the Free hand out Bubble, on any Chart, the Pain COMETH!
Keep looking . . .
ETHUSD: Evidence is now in that shorts failed
Ethereum $1,000.00 did hold up very nicely. The shorts have failed to break it, and now there will probably be a sharp short squeeze. Shorts also failed to break tether. I see Ethereum $2,500.00 by end of July.
$ETHUSD (long)
#ETHUSD (long)
Official statement with NO LINK? Is this considered an amateur post to dupe average folks with misleading info? Doesn’t matter, link or not… when shorty is done playing games we all know this will bounce back with a vengeance :)
Official Statement on Ethereum and Crypto's coming Collapse:
Lmao, sure looks like a lot of shorting going on hahaha
Ethereum will fall to $0 like house of cards
Breaking: Hedge Funds Shorting Tether to $0
Just like UST/Luna went to Zero. This house of cards built on fake money is ending.
Sell everything in crypto before you lose everything.
I hope your life changes dude. I nibbled a bit, ive been nibbling on the way down for a while. Good luck.
Really wishing I used my casino money for ETH instead. Stupid pocket Kings getting cracked by dueces
$ETHE RSI 16 Big Volume Spikes Didn’t Rip The 70 Yet but Added Another +1K Filled Go Flippers! Add More $ETH Premium WorldComputer / 2.0 @SaturnProtocol CHAiNLiNK’d
Doubtful but gambling is exactly that
LOL headfake . . . this is headed right back down the stool.
Life changing opportunity to get in. I bought 4 today
I wish I could take credit, I just watch someone on YouTube. They off fibs they showed 1200 200 week ma, and it it breaks that 600 is possible. I didn't have a buy order in so shame one me
Very nice lately & congrats! Great to be in $ETH $ETHE
Eth before and Fter the harvest moon. If the coins go down the fiat will look pretty so have to see into the fiat holders
1450 10 days
I am an ethereum holder, don’t own Bitcoin. Yes I would like that very much.
The Flippening Would Be Sweet!
That’s why I said I’ll Kiss You!
Cross-chain USDT/USDC swaps between Ethereum & Algorand are now live
https://medium.com/pnetwork/cross-chain-usdt-usdc-swaps-between-ethereum-algorand-are-now-live-d20ad3601f08
ICYMI: @pNetworkDeFi’s cross-chain bridge connecting the #Algorand and Ethereum ecosystems is LIVE! Users can now transfer native USDT/USDC from Ethereum to Algorand
ICYMI: @pNetworkDeFi’s cross-chain bridge connecting the #Algorand and Ethereum ecosystems is LIVE! Users can now transfer native USDT/USDC from Ethereum to Algorand 👇 https://t.co/JE6bapC47j
— Algorand Technologies (@Algorand) June 18, 2022
Crypto Traders Turn Against Each Other in a Collapsing Market
https://finance.yahoo.com/news/crypto-traders-turn-against-other-110000697.html
leveraged crypto traders being hunted like prey...? very sad...who would do such a thing to another...in good conscience...c'est la vie...
"...Many shark traders scour blockchains -- digital ledgers for recording transactions -- seeking information on other traders, particularly those with highly leveraged positions, an anonymous user known as Omakase, a contributor to the Sushi decentralized exchange, said in an interview.
The sharks then attack the positions by trying to push them into liquidation, and earning liquidation bonuses that are common in decentralized finance (DeFi), where people trade, lend and borrow from each other without intermediaries like banks.
Related strategies may have contributed to the collapse of the TerraUSD stablecoin, with shark traders making money off price arbitrage between the Curve decentralized exchange and centralized exchanges, according to Nansen, a blockchain analytics firm.
Recent troubles at crypto lender Celsius Network were exacerbated by arbitragers as well. The price of stETh token that Celsius has a large position in started trading at a large discount from Ether, to which it’s tied.
“As stETH goes down, arbitragers buy stETH and short ETH against it, sending ETH lower, which again lowers collateral values across DeFi,” effectively worsening Celsius’s position, according to a recent Arca note.
As Omakase put it, “In a downtrend environment, where yields are harder to access, what we are going to see is some actors utilize some more aggressive strategies, and that may not be necessarily good for the community.”
“The environment has become more player vs player,” Omakase added.
With crypto prices under pressure, taking on leverage has presented an even greater peril..."
More! @99 and I’ll Kiss You $$ETH $ETHE Premium World Computer
Man that is quite a speculation. What makes you say that?
Yes! Much Appreciated
ETH will emerge from the crypto ruins as Numero uno and BTC in 2nd place.
Great move and good point! I need to stay on that trade too…
Picked up 5 at 11 and added more Etc being it will be the big winner when the merge is complete in August and it will be.If it goes lower so will i
Watch "Fort Worth becomes first US city to mine Bitcoin" on YouTube
@7.10 RSI 10 20 There’s the Volume! Congratulations Flippers & 70 Rippers! MoMo NiTE 1K @7.70 GTSM @7.69 with a few under low volume bid Level 2 $ETHE Add More $ETH Premium WorldComputer / Proof Of Stake @SaturnProtocol CHAiNLiNK’d Bulls
Nailed it, still headed lower tho. Maybe 800
Ethereum difficulty bomb delayed but network adoption still growing
BRIAN NEWAR
14 HOURS AGO
The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge.
https://cointelegraph.com/news/ethereum-difficulty-bomb-delayed-but-network-adoption-still-growing
No idea what that means....
Ethereum Collapses 24% in Weekend Rout as Staked Assets Drop Pegs
https://finance.yahoo.com/news/ethereum-collapses-24-weekend-rout-031024609.html
LOL WOW this is really headed down the stool!! Good Night, Irene!
Wasn't this "SUPPOSE " to go to $10 Grand? Mwah ahh ahh
1,666.00
lets go to 1500.00
ETH is at 52 week lows today. Support at $1700 did not hold. I'm surprised it didn't cliff dive when support fell. Expect more slowly sliding down the slippery slope this weekend due to low volume since US institutional traders are gone until Monday. The CCI is giving another sell signal on the daily chart by moving below -100 with plenty of room to move to -250 where it usually finds the bottom. The weekly chart on the right shows it's been red the past ten weeks in a row.
Only time will tell.. In my limited knowledge I think it could go either way. The massive wealth accumulation on the ethereum network and the continued wealth accumulation resembles our current fractional reserve banking system... So it could be the institutions wont let it fail because of how much they have invested...
Conversely, they could just be pushing it toward huge changes resulting in a buggy mess to degrade users trust and make it less secure. Don't forget that our world banking players already have in place massive data centers which have the computational power and the ability to overload this "new" merged network with brute force.
As the NatWest CEO stated on Bloomberg, "Banks have no reason to exist, unless customers want them to exist." (Quote at 21:30 on link below)
https://www.bloomberg.com/news/videos/2022-05-12/leaders-with-lacqua-natwest-ceo-alison-rose-video
It is naive to think that banks will not go down without a fight, as crypto is the single biggest threat to the banking industry. If we get our loans from a crytpo network, what do we need banks for?
ETH could be the chosen "battleground" where banks will try and degrade crypto "trust" and kill the network, or, ETH could be the vector where banks begin to evolve their social enslavement, forcing debt on everyone and everything in the crypto world to keep them bending the knee...
There is absolutely nothing decentralized about proof of stake. Its the exact opposite of what has made crytpo so successful. To change what has worked for so long and been perfected for so long, and then to throw that in the garbage bin, makes no real sense.
It only makes sense if your the Bank...
Good Video! Thanks for that.
I wish he would have gone more into the reality of how "non-decentralized" ETH has become. Many of these "large" holders are institutional, and stand to benefit greatly from this upcoming merge as they will find themselves at the top of the pyramid scheme that is currently being developed.
1700 about to break. 1200-1300 next leg down.
Interview with Ethereum core developer Lane Rettig, who discusses the Ethereum foundation, why he quit, ethics, hypocrisy, decentralisation vs scalability, and building better institutions. https://www.whatbitcoindid.com/podcast/the-failure-of-ethereum-governance
Thank you for clearing this up.
Kid must be in the red and only reads headlines. He posted the same thing almost 2 weeks ago and I pointed out it was only a test merge, only for the same misinformation to be spewed again
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