making money $$$$
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Does this not look like head and shoulders pattern?
Also anybody wonder if FFR (fed funds rate) will effect the pricing for these assets?
Buckle up.
Soon this will be flying
Actually these coins are very close to how OTC operates….
Even down to the matched trades….
I think if he and Cuban were going to continue that constant pump they would have been scrutinized for it. They are the two the benefited they most from people buying off memes and other stuff and then ended up calling it “a side hustle”
Absolutely not.
I spoke quite a few truths and a few dedicated posters jumped down my throat.
I even bought back in a few weeks ago when it looked like it settled and ended up taking a haircut. But again I don’t bash I just share a opinion and I don’t want that reputation.
Fantastic explanation.
Just looked on coin desk…
Greyscale defi fund shows they are still accumulating…AMP is now the 3rd biggest holding inside that fund. They’ve currently accumulated almost 100million around .04 and they haven’t stopped….this explains why we’re still floating around these numbers….
This is a true hold.
Wondering if it’s a hangover from tax loss season and panic sellers still linger. I seen this back in 2009-2010 only to watch so many get robbed
I know your lurking….
Your like me watching everything and looking for a deal
Come to papa.
Plus with news of the fund buying…of course they would dip it to load.
These things are close to what the OTC does in terms of shakeouts and loading
Lol I just keep loading more.
This is now part of an index for greyscale and Is due for a major price upgrade soon.
And goddam if it would have held the price would have jumped
It’s starting to look like a shake but guess we will find out
Looks like head and shoulders….
Not good
If I’m reading this correctly, you believe that infinite supply of doge will outpace inflation? I guess you didn’t catch FOMC meeting today…also please correct me if I’m wrong on how your post reads.
They can put reigns on inflation by raising rates which they should have done in 2018-2019 or Atleast should have started….now they are talking about going in full speed due to how we’re headed towards hyperinflation….they clearly cannot control anything about adding 5BN a year. If doge does a burn, that would be some thing to look forward too. But as for now I’ll just be sitting on sidelines here as crypto in general has been lackluster for over a year now. I’ll have to do a breakout trade here to be safe.
I hate to even say this but gold is looking mighty bright for the future and the gold bugs might get their dreams realized….
Lol gold to $100,000 was a thing not so long ago….it sounds familiar….
To each their own!
I’m holding for a particular price point…
I just don’t see the need for this many cryptos and especially for ones that do not have a second or third value like I stayed in my post about BAT AMP or even XLM.
But If doge keeps putting out 5BN a year then it’s literally diluting itself by 5BN new coins a year. If the circulating supply keeps rising from the current 132bn adding 5BN a year is only going to have a negative effect on long term holders.
I look at this like I do the 2x and 3x leveraged ETFs as they have a time decay to them. This just doesn’t seem different to me due to that. Doesn’t mean it’s not worth something but there needs to be a cap on what the supply is.
So in 5 years 25bn new coins will have entered the market here and if people do not continue buying them, there’s going to be a excessive amount floating in the market. Just the way I see it and again sicne I look at it like a leveraged ETF then it’s still worth a trade if it’s trending.
Howdy!
You know I’m always lurking in the shadows. Ninja style.
Lol Not ninja turtles…more like ancient assassin ninja. Always waiting to jump when necessary and I can still kick over my belt….lmao I have to stretch first as these old legs are beat to Shit
Dammit.
Well if it drops below .15 I’m waiting on sidelines
Yeah…..amp is goin to be huge.
Have paitence as no wealth was built overnight
I’m the mean time read this VERY IMPORTANT piece of information:
https://www.coindesk.com/business/2022/01/04/grayscale-adds-flexas-amp-to-defi-fund-removes-bnt-uma-in-quarterly-rebalancing/
Also this is why Flexa/AMP is an EXTREMELY valuable service to all crypto currency.
That I could see being bigger than visa or Mastercard.
economically speaking:
the more supply of anything causes the price to decrease. This is a fact. Surpluses are good for everyday items not for investable assets.
You could even go as far as saying this is why artwork is so expensive (not NFT’s as they are down over 80% from their explosion). If there were 100,000 original Mona Lisa’s that one sitting in the vault at the Louvre wouldn’t be worth as much as the 100,000,000,000 dollars it’s said to be.
Another easy example would have been the pricing of a 2x4 piece of wood during the summer of 2021…from $3 a stick to $12 due to high demand and VERY LOW supply. And the even then the lumber mills and brokers were not making a killing as the costs were passed through the consumers. Ask any contractor.
Real estate had a inventory shortage and people panicked leaving cities and causing pricing to fly through the roof. I had 23 houses for sale this year alone and had more then 6 offers on each one. I’ve been in real estate and investing for almost two decades now and haven’t seen anything like this current climate.
Decentralized or not, if there is excess amount of a currency, it also causes hyper inflation. Case in point look at the currency of Japan in the 80’s and 90’s and Jamaica….
But tk the naysayers…I am IN again at .17’s so the turds that think I’m shooting for less of a number are not reading the posts. I don’t want them to drop in price and I think she’s got one more good spike from here….holding for a 3x or Atleast .40-.50 before I unload again.
I love how some other people jump down my throat on posts when most don’t understand basic economics.
Atleast you, MR creed, make some valid points on decentralization and such…. But some people are just flat out stupid which is why they get their money taken never to be returned.
Still a deal!
Vacuum suction on.
Hey nobody thought Enron would dare do what they did
Nor did Bernie madoff (who was literally the 7th largest MM on the planet for Wall Street)
Also….Cuban is literally from the “dot com” era where he bought pos companies and pumped them and made good use of that whole debacle.
Believe it that these people will take your money and run with it and even go as far as saying they took a loss when they were really selling them the entire time.
Just my opinion and Not here to bash. Heck I hope they pump the shit out of it again. Just so I can make money on these 17’s and be done with doge. I feel really bad for the ones that bought into the SNL night…. Those people won’t touch crypto ever again
I wonder if it’s because he scammed so many people and the satellite was paid with doge profits?
Elon and Cuban knew what they were doing. And since there is no real regulatory body for any crypto, they can pump the shit out of them. Notice how they don’t ever pump their own companies….especially Cuban….he has never publicly talked about his transactions but openly talked about doge.
Seems a little messed up to me.
Lmao
Cmon baby….
Hold the .05’s if we do we’re going to start moving up. If we pass .12 we’re going to clear $1.
I made a bet that this would hit $1 before DOGE does.
I still can’t believe people are trading that one….endless supply of those things and one of the posters on that board literally tried to say it was a great idea….pfffft!
BTC is priced as high as it is due to the demand on only 21 million coins worldwide. Amp is just a little over 2bn
Two fake walls at 25 and 26
If they keep getting slapped they will let it go.
Promise. If not we float down here until they get their fill.
NOBODY could have front loaded this either….so selling shares to unsuspecting buyers is not a reality here and with how they restructured with a RS and expunging the debts….makes the books looks much better.
True story—This company went from being an ATM a few years ago to a legitimate player trying to make it work and they are in the right space to do so.
Paitence should prove worthy here
Looks like the end of a “w” and even has the shelf….
I really want it to break off from ETH and BTC
I have a good feeling about this year especially on some of my equities
that just hit the 1 yr mark for LTGC.
Make a big difference in terms of selling
Amp will eventually flourish into the largest crypto payment company. I go as far as saying and believing that it should have been the ground work for all crypto currency and how to integrate it into the current financial system while still being decentralized.
This is going to be bigger and better than visa
Nope…. we sit another week
In due time, this will be one of the best returning coins on the market. Maybe even surpassing Eth.
Not BTC… that was one for the millienium
Just stay right here…..
Lmao always is!
I can only imagine the search history on there:
“How go smoke crack cocaine properly”
“How to bury dead hookers in a trunk”
“I am hunter biden?”
Ewwww not like that!!!
Yeah it’s no different than schools forcing kids to take PSSA tests and having to score a certain number to get funding from govt.
This is a fact.
They literally take the students with the worst grades and tell them to stay home during the testing days or if they come to school they get the week off for study hall and gym.
I can prove this as my wife is a teacher and she has to deal with it every year….
Fuck POOPY PANTS BIDEN.
that’s his real name in my house
Dems went so far left and when they started to back the defund the police ordeal, I think they should have thought twice.
This is the worst political scenario I’ve seen in years and thanks to the news and social media (by the way Facebook and Twitter were deemed to have fake fact checkers and were found to be non legitimate sources and bad opinions including snopes….doubters don’t have to believe me just google it)
More and more I hope people see that govt has overstepped their boundaries and they should have never done so. All this to literally get Trump out of office as he won that election by a landslide. It doesn’t take a genius to figure out that biden did very little campaigning and somehow beat trump who had the highest voter turnout in history.
I don’t care what others think at this point but whoever the heck voted for that moron in office now that shits his pants, falls up the stairs, thinks Kamala (the boarder CZAR, who’s never actually seen the boarder) is the president, Was duped and should be angry. Instead they defend their decisions with more fake bullshit. Instead of asking the correct questions as to what they have actually done besides create inflation. For Christ sake trump didn’t even take a paycheck!!!! That right there should have been proof that he wasn’t there for lobbyists and wasn’t there for the “after party”. Dorito Don was making more money as a businessman and yet still sacrificed to try and save the American people….Not every other country with their hands out asking for help. Our govt needs to stop and help it’s current people now
I wasn’t even a trump fan up until the point when he starting brining up things that needed to be addressed and nobody wanted to. The best part is that when you ask people why they didn’t like trump they never could give a legitimate answer and it was always some opinion about his demeanor or how is an “asshole” yet that job you need an asshole to fend off the shitty fake news station that saw record ratings during his tenure….look at all those dem stations now…. LOWEST RATINGS ON RECORD and full of scum….CUOMO GOT WHAT HE DESERVED.
The rest of the world laughs at us now and we were reigning in the world with trump. Now they have assholes like That hag Pelosi that said it was “ok” for people In their positions to trade securities yet they also make the rules. Wonder why the rich stay rich?? It’s because they keep fooling half of the nation over and over yet they never have delivered on anything. And keep putting bandaids on everything.
At this point I’m certain they need to make voters take a test:
1st thing should be if they can actually recite the pledge of allegiance and second thing is that they should be able to answer political questions from both parties just to make a real decision on non biased questions. I pray that trump runs again as we’re living through proof of what he said would happen. Atleast he was upfront with the American people as opposed to constant lies for votes.
Don’t forget this line: “You ain’t black if you don’t vote for Joe!” -Joe Biden-
This is what they do…not to mention give money out and causing inflation out the ass. It now costs me over $500 bucks a month to fill my vehicles when trump was in office it was literally half….
I cannot wait for the day when it all comes out that it was a giant scandal and for a guy that’s been in office for ALMOST 5 DECADES….cannot give a speech and stays out of the news and only was used Becuase he was VP for Obama and did absolutely nothing…..Kamala sucks and they use her race baiting bullshit also. When she a politician she was of INDIAN descent…when she became VP to old man crusty, she magically became of “African American descent” just to pander for votes from those voters….way to go news stations for failing us all. It was so obvious that they planned for a Obama era VP for President and a woman in office as current VP and even my neighbor would vote just to have a women their in office as opposed to people that SHOULD be there. She did same thing with Hillary yet ignored everything about Benghazi and how her husband was a piece of shit, and how bad of a crook Hillary was. Best part was she didn’t come out of her house for 3 whole days when I had my trump flags waving the next day. Blowing air horns and all. I should have shot fireworks across the street. When she finally did I still came flying out screaming Weeeeeeeee!
If people can’t see this scandal…. this is why they buy high and sell low.
NEXT RANT WILL BE “Wall Street bets” and the overnight coin and stock gurus that were trading options and playing only 2 stocks….yet they know more then everybody else and fake their account numbers with photo editing to make themselves look better than they are.
Cmon you can do it
I can say with full blown honesty,
That waiting on trades and cherry picking all the way down has done me very well compared to flipping and selling a few days later.
My biggest profits have come from holding over 1 year and I try and keep larger asset purchases only at times when everybody is selling….like now and summer.
That’s what a few of us are waiting on.
My biggest profits are after tax season and after summer lull.
Everything in between is a quick trade (not a fan but need to stay busy somehow)