[ChuckyTheGoat]

Crash was because coinbase went down

I hate that god-damn coinbase.

[raiders72001]

Back in 2013 run, BTC was going up 10% per day, sometimes 20%,

[raiders72001]

I hate that god-damn coinbase.

FOMO has set in.

[raiders72001]

Even SOL made money today.

[allabout the $$$]

Even SOL made money today.

That quick crash was the perfect buying opportunity

[raiders72001]

That quick crash was the perfect buying opportunity

yep. But for rookies, don't get caught trading right now. Sharp traders will eat you alive and it's the only way to lose.

[ChuckyTheGoat]

See my post 9234. Any 6% mini-dip = reason to buy more (IMHO).

[biggie12]

Put a big position in on shitty NINJA on inj network

up almost 300k on portfolio his week Things looking great

[raiders72001]

Raiders, let's keep the Good Karma going. Any technical updates are appreciated.

Great time to be alive. I'll have the ATH payouts ready to go:

*Payouts will go to any contributing Pro. Payout-size will start at 690, 700, 710 etc. Basically ATH/1000*10 up to 80k, then I'll see how many pts I have left.

Be ready. Who is first? Exclude me.

[ChuckyTheGoat]

Be ready. Who is first? Exclude me.

Already posted a few days ago.

Of course, you had to be the first contestant:

https://www.sportsbookreview.com/for...t-payouts.html

[raiders72001]

[raiders72001]

The Solana volume is going way up which is a good sign. There's a rumor being spread that Satoshi is the mastermind behind Solana.

I'm not saying to trade into Solana. Live with what you have for the most part.

[raiders72001]

RETIK may be real.

Emerging Small-Cap Gem Retik Finance (RETIK) Rockets 400% Ahead Of TradingLaunch: Will The Momentum Continue Post-Listing?

https://www.analyticsinsight.net/eme...-post-listing/


Disclaimer

Disclaimer: Any financial and crypto market information given on Analytics Insight are sponsored articles, written for informational purpose only and is not an investment advice.

[homie1975]

Put a big position in on shitty NINJA on inj network

up almost 300k on portfolio his week Things looking great

[homie1975]

See my post 9234. Any 6% mini-dip = reason to buy more (IMHO).

agree CHUCKer

[biggie12]

and looks like you can continue to bash me didnt think btc had these legs.

[homie1975]

and looks like you can continue to bash me didnt think btc had these legs.

no bashing.

no one has a crystal ball.

BTC and ETH great choices for retail investors IMO

[allabout the $$$]

RETIK may be real.

https://www.analyticsinsight.net/eme...-post-listing/


Disclaimer

I got in the presale at stage 6 hoping it pays off

[raiders72001]

I got in the presale at stage 6 hoping it pays off

GL

[raiders72001]

no bashing.

no one has a crystal ball.

BTC and ETH great choices for retail investors IMO

homie's a good man. All positive energy here.

[raiders72001]

'10x Surge' — Coinbase Traffic Overwhelmed Initial Demand Projections Amid Bitcoin's Rise to $64K

https://news.bitcoin.com/10x-surge-c...s-rise-to-64k/

[raiders72001]

Grayscale sold $600m BTC. Should be a big day tomorrow as long as Grayscale doesn't have a major dump.

[ChuckyTheGoat]

Grayscale sold $600m BTC. Should be a big day tomorrow as long as Grayscale doesn't have a major dump.

Salud, Raiders. Explain what the analysts mean by the Grayscale dump.

Is it somehow better for Grayscale to sell? Not sure how that can be.

My two cents. It's an amazing time to observe markets:
1) We are truly seeing a De-coupling between BTC vs Traditional stocks.
2) Have you ever seen FOMO like this?
3) Notice how much news-media time Crypto/BTC is getting. It really feels like investors are trying to play catch-up.

[Arky]

..........

My two cents. It's an amazing time to observe markets:
1) We are truly seeing a De-coupling between BTC vs Traditional stocks.
2) Have you ever seen FOMO like this?
3) Notice how much news-media time Crypto/BTC is getting. It really feels like investors are trying to play catch-up.

Looking back, I think the bull run of 2021 was disappointing in so many ways. Everyone, I mean everyone thought the BTC high was going to go much higher. Max Keiser predicted 220K Bitcoin, for example. Instead, we got a "measley" $69K ATH. I think part of it was due to the Luna/UST fiasco, followed by the Celsius fiasco and then followed by the FTX fiasco. Those events, IMO, kind of ruined that bull market.

So, everything that was projected in 2020 seemingly is now making sense four years later. I have no idea where this one will end up, but you can't beat the start.... Helluva start...

[raiders72001]

Salud, Raiders. Explain what the analysts mean by the Grayscale dump.

Is it somehow better for Grayscale to sell? Not sure how that can be.

My two cents. It's an amazing time to observe markets:
1) We are truly seeing a De-coupling between BTC vs Traditional stocks.
2) Have you ever seen FOMO like this?
3) Notice how much news-media time Crypto/BTC is getting. It really feels like investors are trying to play catch-up.

Prior to ETFs if someone wanted exposure to BTC without buying actual BTC they did it through GBTC (I realize you know this but needed for explanation) There are a couple of institutions in bankruptcy court that have been forced to sell their shares of BTC. Grayscale then goes and sells actual BTC. I haven't been able to determine exactly who is selling and how much more needs to be sold. Miners have also been selling. It seems they are ramping up for the halving and are upgrading equipment making it more efficient.

I think the FOMO is just starting. I'm also seeing all the crypto talk on CNBC and others although I haven't seen the latest out of Cramer. Even with all the good news, there are still a lot of smart people that are getting wrecked shorting. My guess is first run stock people.

This has a chance for this to be the mother of all bitcoin runs. Even though I downplay macro events, they do determine the degree of the runs. Arky pointed out some reasons for the last run not being as big as expected. Add covid to the list. Right now every macro event that can go bitcoin's way is going bitcoin's way.

[raiders72001]

Shorts are getting wrecked

Cryptocurrency short sellers are getting wrecked as the industry remains in an excited mode. A proof of this is the fact that the fear and greed index has jumped to the greed zone of 75. In most periods, cryptocurrencies tend to shine when there is a sense of greed in the industry.
Data compiled by CoinGlass shows that shorts liquidations have soared in the past 24 hours. Bitcoin shorts worth over $181 million were liquidated and the trend may continue in the coming days as the rally continues. This was the highest liquidation figure in months.
The same situation happened in Ethereum, where shorts worth over $67 million were liquidated in that period. Additionally, the total Stacks liquidated stood at almost $1 million.

https://www.banklesstimes.com/news/2...-prices-surge/

[raiders72001]

Don't be trading on leverage this early in the game.

$736M Liquidated: Bitcoin Seesaw Gets Traders Rekt Both Ways

https://dailycoin.com/736m-liquidate...ekt-both-ways/

[Optional]

Salud, Raiders. Explain what the analysts mean by the Grayscale dump.

I believe it's partly driven, or was at first, by their customers needing to swap GBTC into fiat to get it into the ETF. And I guess Grayscale needing to sell the underlying bitcoin covering that GBTC.

I would have thought that effect would be over by now though.

[raiders72001]

I believe it's partly driven, or was at first, by their customers needing to swap GBTC into fiat to get it into the ETF. And I guess Grayscale needing to sell the underlying bitcoin covering that GBTC.

I would have thought that effect would be over by now though.

What you said happened and people switched out of Grayscale because they have the highest trading fees. But two weeks ago the court approved bankrupt Genisis to sell $1.6b GBTC. The same happened in Jan with FTX $1b GBTC. I don't know if all of FTX's was sold and I'd assume the Genisis' hasn't all been sold. Grayscale did dump $600m BTC yesterday. Most likely a lot of it was Genesis'.

edit- I read the Cointelegraph article that said investors but that's too much in one day this late for it to be investors. Most has to be Genesis.

[raiders72001]

[raiders72001]

Big day for AI and they aren't close to ATH

[raiders72001]

A lot of this AI seems useless to me. The AI buzzword is selling this stuff. AGIX is my favorite.

[ChuckyTheGoat]

I believe it's partly driven, or was at first, by their customers needing to swap GBTC into fiat to get it into the ETF. And I guess Grayscale needing to sell the underlying bitcoin covering that GBTC.

I would have thought that effect would be over by now though.

Thx, Opti. I mentioned that I've seen GBTC ads in airports several times in the L6 months.

I think the status quo right now = most everyone asking how they can get into Crypto.

[allabout the $$$]

FET is a monster

[raiders72001]

Outflows from Grayscale’s bitcoin fund were $216 million on Wednesday before jumping to nearly $600 million.
Some industry watchers in X posts speculated that the outflows could be driven in part by bankrupt lender Genesis, which was granted approval earlier this month to offload roughly $1.6 billion worth of GBTC shares.

https://blockworks.co/news/bitcoin-e...flows-positive


Grayscales problem is charging 1.5%. I think a lot went elsewhere.

“With [10 funds] all tracking the same basic asset — spot bitcoin — Grayscale likely can’t distinguish itself through performance, which leaves fees,” she said. “With an expense ratio of 1.5%, Grayscale’s spot bitcoin ETF stands out on fees, but maybe not in the way an ETF issuer would hope.”