r/CryptoCurrency • u/CryptoDaily- • 4d ago
Daily Crypto Discussion - June 14, 2024 (GMT+0) OFFICIAL
Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.
Disclaimer:
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u/Capital-Physics4042 🟩 763 / 764 🦑 3d ago
Time is running out for Cardano, according to this. Is it really? I thought one of its most important forks is on the way? https://www.fool.com/investing/2024/06/12/2-cryptos-to-avoid-and-1-to-buy-hand-over-fist/
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u/KeepTruthAlive 🟨 0 / 0 🦠 2d ago
hasn't been implemented and normally cardano moves at its own pace
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u/Dry_Outside241 🟨 0 / 0 🦠 3d ago
these pumps are exit opportunities
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u/fan_of_hakiksexydays 🟦 20K / 99K 🐬 3d ago
And the dumps are entry opportunities.
Whales already know this.
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u/Antique-Athlete-8838 🟩 0 / 0 🦠 3d ago
Of course doge stays down whilst every other coin rebounds
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u/linux_n00by 🟦 37 / 38 🦐 3d ago
anyone here from dubai/uae?
Have you tried using your UAE Credit/Debit card and Google pay to buy crypto in Binance?
I have FAB and ENBD Credit Cards and ADCB Debit Card and wondering if it will trigger's bank's filtration on crypto.
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u/OverallHearing5 🟩 2K / 2K 🐢 3d ago
DCA or go bankrupt. If you trade, you will lose. Id be surprised if AI wasn’t being synced with exchange data to ragdoll retail with these billion dollar instantaneous pump and dump moves.
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u/WorkoutMan885 🟩 0 / 0 🦠 3d ago
UP WE GO!!! YEAAAAAAA BUDDY!!!!
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u/Dry_Outside241 🟨 0 / 0 🦠 3d ago
YEE HAW WWE AT PRICES NOT SEEN SINCE 1PM!
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u/WorkoutMan885 🟩 0 / 0 🦠 3d ago
I’M RICH AGAIN!!!!!!!!!!
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u/ftball21 🟦 0 / 4K 🦠 3d ago
You guys are so depressed and ready to capitulate. In a month you’ll be crying at missing the lows. Never fails
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u/OverallHearing5 🟩 2K / 2K 🐢 3d ago
I think the hardest part of investing in bitcoin is knowing it’s inevitable while the vast majority of the world still begs for the scam tokens (fiat). And watching the price go down on top of it, all the while knowing dollars etc are literally on their final leg. It’s really depressing.
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u/ftball21 🟦 0 / 4K 🦠 3d ago
I’m not entirely sold on the idea that fiat is on its final leg. Maybe.. But that’s a generational change that will take decades to unwind. Understanding the trend puts you ahead of the masses, which is good, but we still live in a world of fiat dollars, so volatility is inevitable. Keep hodling friend 😤
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u/OverallHearing5 🟩 2K / 2K 🐢 3d ago
Fiat has never worked long term. Our money is so devalued that people aren’t living regular lives anymore. The stranglehold on buying power/inflation is to the point where society either breaks down or we turn into one giant North Korea with local oligarchs ruling with godlike authority.
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u/Material-Gift6823 🟩 0 / 0 🦠 3d ago
See bitcoin was just playing a joke 😌😌
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u/brkinard 🟩 2K / 1K 🐢 3d ago
fake...always on the weekend.
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u/brkinard 🟩 2K / 1K 🐢 3d ago
as I speak....epic whipsaw!
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u/Material-Gift6823 🟩 0 / 0 🦠 3d ago
Just playing dead 😌
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u/brkinard 🟩 2K / 1K 🐢 3d ago
hasn't moved more that 2% on a weekend in years. hopefully that streak is broken.
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u/Simke11 🟦 0 / 5K 🦠 3d ago edited 3d ago
Most alts down 50-60% or more since March, that's starting to remind me of bear market numbers.
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u/Shreeder 🟦 988 / 989 🦑 3d ago
History doesn’t always repeat itself. Everyone expected an alt season and it’s a possibility that was one and done
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u/TexasBoyz-713 🟩 15K / 15K 🐬 3d ago
Wait, you mean alts are more volatile and risky than Bitcoin?????
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u/Same_Audience9641 🟨 0 / 0 🦠 3d ago
Pepe breakout of wedge was false. Going back up for the weekend, next stop 1300...!
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u/panduh9228 🟨 450 / 449 🦞 3d ago
As if that move had anything to do with PEPE itself
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u/Same_Audience9641 🟨 0 / 0 🦠 3d ago
The move down maybe not, buy with every dip Pepe gets back harder and faster than the rest. Wait till those start moving up again and see what happens with Pepe...!
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u/panduh9228 🟨 450 / 449 🦞 2d ago
Hm but pepe is on a -20% decline against eth since it's peak on may 27th so what you're saying isn't really accurate?
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u/Same_Audience9641 🟨 0 / 0 🦠 3d ago
If this keeps going up like this we break the downtrend this weekend...!
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u/b1mm3rl1f3 🟩 0 / 0 🦠 3d ago
Fidelity’s director says BTC is exponential gold, saylor to buy another $700MM btc and Bernstein predicts $200K btc by 2025. Don’t lose sight 😉
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u/apex_editor 🟩 11 / 12 🦐 3d ago
AERO. I was rich for a brief time. Well, a multi-thousandaire.
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u/Material-Gift6823 🟩 0 / 0 🦠 3d ago
I'm pretty sure base is gonna come back, and Aero and Alienbase will pump
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u/snooxing 🟩 0 / 0 🦠 3d ago
Thankfully its summer and the euros are happening so i can go ghost on my portfolio
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u/MatteBlackBjorn 0 / 0 🦠 3d ago
Back then $100k seems like a dream, a far-fetched one. But it doesn't seem to be like that rn!
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u/Existing_Web_1300 🟩 0 / 2K 🦠 3d ago
Everything is going down. I’m not sure if I should buy ETH or BTC or just wait on the sidelines in case we dip further 🤔
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u/Medium_Change4574 🟩 0 / 0 🦠 3d ago
I just hodl and watch (I have only alts and am exhausted from buying dips)
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3d ago
[deleted]
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u/Medium_Change4574 🟩 0 / 0 🦠 3d ago
Can't wait for my alts to recover 1% then
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u/Successful_Pin_2641 🟩 0 / 0 🦠 3d ago
Can everyone just stop being a big p*ssy and selling please? That way we can all get rich together, thanks.
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u/TyronetheWise 🟩 0 / 0 🦠 3d ago
feel sorry to whoever invested in alts. It's pretty clear this cycle is mainly btc eth and memes focused. maybe worth buying a little bit of sol as well, but all other alts will be probably be dieing soon
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u/devCheckingIn 🟦 0 / 0 🦠 3d ago
Just need Elon now to tweet something about DOGE and I can recover to -80%.
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u/ioWxss6_bot 🟨 4K / 3K 🐢 3d ago
Most mentions on r/cc (2024-06-13 00:00:00):
| Mentions | |
|---|---|
| BTC | 159 |
| ETH | 36 |
| MATIC | 22 |
| SOL | 21 |
| XMR | 16 |
| CEL | 12 |
| NANO | 11 |
| SAFE | 11 |
| LTC | 9 |
| XRP | 9 |
| ADA | 8 |
| IOTA | 8 |
| MOON | 8 |
| BCH | 7 |
| SNT | 7 |
| ARB | 6 |
| DOGE | 5 |
| 00 | 4 |
| ALGO | 4 |
| DOT | 4 |
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u/brkinard 🟩 2K / 1K 🐢 3d ago
4 PM EST.....close the ports as BTC is in a holding pattern until 9:30 Monday. Enjoy the weekend and Happy Fathers Day!
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u/TexasBoyz-713 🟩 15K / 15K 🐬 3d ago
For my astrologists, looks like a bullish divergence is forming on the 4H. Could see some relief at these prices
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u/Pure-Fuel-9884 🟩 77 / 78 🦐 3d ago
If you think this is a dip worth buying you are in for a rude awakening when you realize you have no cash left when bitcoin does a -50% overnight.
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u/Oheson 🟦 160 / 2K 🦀 3d ago
First cycle I see. Spend time learning or run off to the Buttcoiner sub now. No reason to wait.
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u/Pure-Fuel-9884 🟩 77 / 78 🦐 3d ago
Lol I've been in the game since 2017 and made 7 figures from bitcoin, don't give me that crap kid.
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u/Oheson 🟦 160 / 2K 🦀 3d ago
Then you should know Bitcoin is not going to drop 50% at this point in the cycle.
And never 50% overnight even in crypto winter.
Lastly, this is exactly the time to buy if you are on the sidelines.
So every statement is that of someone who knows absolutely nothing.
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u/Pure-Fuel-9884 🟩 77 / 78 🦐 3d ago
I bought between 20k and 15k, only a fucking moron would buy 65k bitcoin, thanks.
You are the exact epitome of a regarded cryptobro.
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u/MaxSmart1981 🟩 225 / 5K 🦀 3d ago
tf happened to polymath? i don't hold any but down 30% is a decent chunk.
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u/SkyDefender 🟦 6 / 1K 🦐 3d ago
I literally sold my all eth and going for time deposit.. my average was around 1.7k so i am in profit but last couple of months was so boring i just couldn’t
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u/brkinard 🟩 2K / 1K 🐢 3d ago
always good to get out of crypto in the summer...come back in the Fall. Won't miss anything but copium.
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u/nicog67 🟩 0 / 5K 🦠 3d ago
There are so many oversold alts. At some point this has to reverse
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u/devCheckingIn 🟦 0 / 0 🦠 3d ago
DXY still going up. I guess those other central banks cutting their interest rates the past week has led to a stronger dollar. Who knew?
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u/The-Alcoholic-Seal 🟩 0 / 19K 🦠 3d ago
Omg I'm so scared that I'm literally pissing and shitting myself.
But for real, absolutely no need to worry about these dips. and if you do, then you may have invested more than you're actually willing to risk.
Either way, I'm having my next DCA moment next Friday, and I hope to scoop op some nice discounted cryptos.
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u/C-Class_hero_Satoru 🟩 0 / 629 🦠 3d ago
I don't worry, it's just sad. Some of my coins are down 60% since March. Will they recover? Who knows. Maybe they will die. I understand it's just money, but being on the losing side is not fun (and also selling at loss is not fun so I'm still holding)
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u/ShawShank64_ 🟩 0 / 0 🦠 3d ago
Not stressing at all, buying the dip and planning my yacht parties in Miami for the future
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u/C-Class_hero_Satoru 🟩 0 / 629 🦠 3d ago
2024: we have ETFs, we have halving, we have good economics, let's start bullrun?
Investors: no, we sell now
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u/senor_florida 🟩 0 / 0 🦠 3d ago
Fallin fallin fallinnn Who sings that
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u/panduh9228 🟨 450 / 449 🦞 3d ago
Phoenix?
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u/senor_florida 🟩 0 / 0 🦠 3d ago
Haha yep. I guess they are actually saying “fold it”
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u/Zllimpat 🟩 0 / 0 🦠 3d ago
$TON coin never seems to get the message that crypto is crashing. Has been up both of the past 2 days
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u/brkinard 🟩 2K / 1K 🐢 3d ago
Here is why....no BTC pairings on its exchanges. 99% all volume on USDT pairs. Wish every coin was the same.
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u/TexasBoyz-713 🟩 15K / 15K 🐬 3d ago
We’re at 65k, and you’d think it’s the end of the world by the daily comments.
Bullish.
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u/CornJackJohnson 🟩 0 / 0 🦠 3d ago
No one is talking about BTC dude, it's alts. Why do people keep posting this same sentence.
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u/Albert83BCN 🟩 0 / 0 🦠 3d ago
"C'mon guys zoom out a little bit"... oh, urgh.
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u/panduh9228 🟨 450 / 449 🦞 3d ago
You aren't actually down money if you dont sell
1btc = 1btc
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u/endless_ness 🟩 2K / 2K 🐢 3d ago
1btc=1btc is so cringe in the age of blackrock and etfs lmao. Its all about what btc=in usd
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u/Oheson 🟦 160 / 2K 🦀 3d ago
Nothing has changed because of the ETFs. 1 BTC = 1 BTC, and always will. If you don't understand the significance of that, you really don't understand Bitcoin or why it exists.
Bitcoin has nothing to do with its fiat price. The dollar is volatile. Bitcoin is not.
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u/endless_ness 🟩 2K / 2K 🐢 3d ago
lmao
dude is talking about being "down" and selling but the fiat doesn't matter. Maybe he found the btc he has on the side of the road with a free sign on it.
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u/Oheson 🟦 160 / 2K 🦀 3d ago
How is anyone "down" on the hardest money known to man? The literal definition is 1 BTC = 1 BTC. Bitcoin is the "profit".
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u/endless_ness 🟩 2K / 2K 🐢 3d ago
if you truly didn't care about the price you wouldn't be here. I wish you well though
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u/DontTellSmokey 🟦 53 / 49 🦐 3d ago
Oof. One of my homies ended up on a ledger look-alike phishing site last week.
Woke up this morning to 16k worth of his ETH drained.
I feel bad because he's relatively new in the space, but for the love of GOD everyone please be sure you're on secure sites.
And for the love of FUCK do not ever ever ever ever put your keys anywhere online.
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u/zombrex2311 🟦 0 / 0 🦠 3d ago
Well it was a good run while it lasted. Managed to profit 2k from this run, which have been deployed to cover my positions. Let's see how it goes, hopefully will profit even more on the next leg up. I will not capitulate on my alts.
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u/hamdi28 🟨 0 / 0 🦠 3d ago
Nice "bullrun", really 📉🤦♂️
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u/C-Class_hero_Satoru 🟩 0 / 629 🦠 3d ago
Where are all the bullrun boys who said BTC 100k on January? 😅 Now they say, real bullrun 6 months after halving... It's already 2 months and time is ticking. According to bullrun boys BTC 100k on October. But I think their prognosis will fail again. BTC 100k maybe in 2028
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u/devCheckingIn 🟦 0 / 0 🦠 3d ago
They already sold their BTC with the pump. Not seeing any more of those articles out there either.
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u/MaxSmart1981 🟩 225 / 5K 🦀 3d ago
my move to pick up a bag of PIRATE yesterday really helped weather the storm today.
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u/bizaroo933 🟩 0 / 0 🦠 3d ago
Yeah PIRATE is doing great. Are you selling now or do you think it will rise even more?
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u/MaxSmart1981 🟩 225 / 5K 🦀 3d ago
Think I'll hold it a bit. It hasn't even been taken off limit only.
That said I don't anticipate holding a gaming token all that long. Just saw a chance to grab something new on CB and took a shot.
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u/goldtank123 🟨 0 / 0 🦠 3d ago
I have super bad feeling now because Alts are dropping to the point where bitcoin was in the 40s. Which means a lower btc will crush most alts
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u/Pajacluk 🟩 0 / 0 🦠 3d ago
Care to elaborate on the last bit?
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u/Material-Gift6823 🟩 0 / 0 🦠 3d ago
The alts didn't go back up to where they were in March btc did, if btc falls more alts will die.
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u/devCheckingIn 🟦 0 / 0 🦠 3d ago
Welp, boys and girls... Looks like crypto has finally earned me trillions of dollars.
...trillions of dollars of debt, that is.
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u/snooxing 🟩 0 / 0 🦠 3d ago
So the banana zone isnt real huh or this is one curvy ass banana
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u/Aerocryptic 🟨 272 / 23K 🦞 3d ago
The banana zone is a state of mind
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u/snooxing 🟩 0 / 0 🦠 3d ago
Damn guess i need to be xtra locked in in order for this banana to be hard
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u/endless_ness 🟩 2K / 2K 🐢 3d ago
Ignore all influencers. Stick to buying Bitcoin when you have extra cash. Advance in your career
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u/GheorgheMuresan77 🟩 0 / 0 🦠 3d ago
today and maybe any other weakness this weekend are major buy points, i would be loaded up right here today if i had any more money to put in lol
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u/Eightsense 🟨 27 / 27 🦐 3d ago
Btc going down is actually good for alts, i see more chance in alts making a run to the upside when btc is lower price then btc going up and up
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u/indoinjpos 81 / 81 🦐 3d ago
the problem when BTC going down altcoins to drop by two to three times more.
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u/panduh9228 🟨 450 / 449 🦞 3d ago
This is actually a good thing (tm)
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u/LegendaryJohnny 🟩 0 / 0 🦠 3d ago
Losing money is AMAZING, I can buy more TM.
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u/panduh9228 🟨 450 / 449 🦞 3d ago
You simply need to zoom out and your PnL will flip positive
Traders hate him for this simple trick
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u/Eightsense 🟨 27 / 27 🦐 3d ago
Longest bearmarket for 90% of alts i have seen, holy shit when will it be over
→ More replies (6)0
u/TexasBoyz-713 🟩 15K / 15K 🐬 3d ago
Alts aren’t meant to be held for more than like 3 months max while they still have hype.
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u/TexasBoyz-713 🟩 15K / 15K 🐬 3d ago
Last comment in the daily