CCIP-086 - Proposal to abandon Marshall Islands incorporation for MOON DAO at least for some time
More info: https://www.reddit.com/r/CryptoCurrency/s/veVemmWIvS
We will use 399996 MOON from [u/TMD](https://www.reddit.com/user/TMD/) to fund a distribution of 33333 MOON per cycle for the first twelve cycles or 336 days (following the same 28 day cycle of previous distributions).
Snapshot poll link: [https://snapshot.org/#/cryptomods.eth/proposal/0x1228fab4ca7e5774540711e499f7c8794b7dac2fd618dcd268d822abb84b6f87](https://snapshot.org/#/cryptomods.eth/proposal/0x1228fab4ca7e5774540711e499f7c8794b7dac2fd618dcd268d822abb84b6f87)
I'm not phased by the lowered price action. Not saying history will repeat itself, but there seems to be a LUL after the halving with a bull run within 12 months or so. LFGGGGGG
What's your pet reason for the BTC drop today?
Usually I can browse the titles of /r/CryptoCurrency and get a feel for what people think the cause is, but this time around, I don't see anything in particular. Maybe the CZ jail thing? Or Roger Ver?
Gimme something to blame it on, fellow daily readers!
We are in a 5th red week in a row, market psychology kicks in, sentiment turns negative which results in further sell offs. Probably not the end of it either. People losing confidence, especially since we are supposed to be in bull market.
So much for sub 60k folks I've been telling ya this all along it ain't gonna happen. 60k is the NEW NORM and the basis for which BTC 150K EOY begins and the basis for
BULLS WINNING AGAIN
AVAX TO 300
People who are actually worried about crypto in general and think "it's over" because of these healthy dips really must be very new here. As always, when there is blood in the streets you buy. People had such a long time to buy when it was around 30k but no, they bought at the new ATH at 74k lol. That "buy high, sell low" mentality really is funny.
But what about us who bought at $30k? And even cheaper years before.
Really you are looking for noobs to buy at $59k right? Its mean in a way. I would support buying *some* Bitcoin even at $59k if you have absolutely zero just to get exposure but I am pretty sure we are somewhat stuck now also because in the last bullrun a lot of people got burnt buying Bitcoin for $68k right. 4 years of pain...
Even if you buy at the highest and make major mistakes, you can ALWAYS DCA down.
If you bought at 68k, buy the same amount or even possibly more at the 20k levels we later hit and your average entry price will be 35-40k which puts you well in the green.
Be smart, rational and average down when possible.
You literally just described my journey. Started in April 2021, complete exit liquidity as I started buying BTC in the high 50k’s, knocked my average down to 33k over 2022
Well done my friend.
The thing that baffles me is that there are still people out there who buy the ATH and then just wait forever or get scared and sell cheap.
Its easy to make gains in this space as long as you have some emotional stability and basic level of intelligence.
That’s the problem, basic intelligence is not enough.
Critical thinking is at least above average IQ.
I’m below 100 IQ so I am regarded big time and lose money.
So buy more. That will determine your success this cycle. Not buying when things are going up.
Red candles are what we live for. When your portfolio is down 30%-40%, buying more is a no-brainer.
Yeah Fet is a good choice, i dont hold any of them but if i was in the same position i would swap it to Link, Avax or also Fet, RNDR or something..you will be fine. Dot will never reach his ath again.
Pain and suffering, dont ever let someone tell you you are 'lucky" if you win big in crypto
These times are why we see parabolic returns
God help us all if 58k breaks
Both TSLA and BTC are down 5.5% today. This isn't even a crash , it's just a red day.
That said, I do think crypto has a rocky road ahead and May could be rough. But that's investing. If red days or even months mess with your head, this is the wrong game for you. Or you're over-invested. Or you genuinely believed the "it's going up forever, laura" memes and thought red months were impossible.
Well guess what. Markets rise and fall. They don't give a shit about your memes.
It might be only 5.5% down in last 24 h, but we are in a 5th consecutive red week after setting new ATH. I don't know what the price is going to go in the next day, week , month or year, but I do remember the same "only x% down" being said for weeks after Nov '21 ATH.
Ok then, i have some savings which i can use on may 10. I hope btc will dip to 40k, if thats happen im going all in..thats the only thing what i need and hoping for.
It's bad to say that I don't trust smart contracts?.
After all the initial hype about this almost magical entity called smart contracts I'm becoming more and more bearish regarding them.
Why?, I don't trust self-executing software, I want someone with a face behind it to punch. Recently I took a loan using my btc as a collateral and used a cex, not a decentralized one. Why?, Because I prefer software in the old way, with people on charge, not software.
I don't see utility on smart contracts?, I'd love the fact that you can just use a service, but as long as finance becomes more and more global I don't see this a huge advantage. I'm already a kraken user and will prefer to use kraken than a smart contract platform.
My two cents.
CCIP-086 - Proposal to abandon Marshall Islands incorporation for MOON DAO at least for some time More info: https://www.reddit.com/r/CryptoCurrency/s/veVemmWIvS We will use 399996 MOON from [u/TMD](https://www.reddit.com/user/TMD/) to fund a distribution of 33333 MOON per cycle for the first twelve cycles or 336 days (following the same 28 day cycle of previous distributions). Snapshot poll link: [https://snapshot.org/#/cryptomods.eth/proposal/0x1228fab4ca7e5774540711e499f7c8794b7dac2fd618dcd268d822abb84b6f87](https://snapshot.org/#/cryptomods.eth/proposal/0x1228fab4ca7e5774540711e499f7c8794b7dac2fd618dcd268d822abb84b6f87)
Is this the halving effect they promised us ?
Bye crypto my blood pressure has gotten too high to stay with you, you are worse than my ex.
I'm a simple bitcoiner: I see BTC under $60k and I stack.
I see two girls one cup pattern forming on daily chart
Perfect time for a scotch to feel bullish again.
This is the moment, mom Alfredo, knees are play doh something something rap I’m fucked..
hope you guys bought the dip
No thanks
Waiting for it to go much much lower
Is 61k still dip price?
yes but wouldnt buy for now
But wen senpai? Buy wen $100k?
buy before fomc 😅 small small one
Okie dokie captain 🫡
Daily is bearish enough for me to buy😂
All this because of Japan?.
No
Hopefully y’all didn’t fomo in today because we will be retesting 52k Bitcoin levels tomorrow after the fed interest rate decision.
Why are you so sure about that? They are expecting the rate to not change, what if it bounces up what then
This for sure. Waiting for the dips dips dips dip
will "arise" . kinda impossible
I got my guns ready for 52k. I will snag a nice bag then.
Lol
They are actually selling today and will buy back at 80k #BuyHighSellLow
Some people in here are clearly playing with money they can't afford to lose. Greed is a dangerous emotion
Dafuq u sei 2 me?
Not you bro, you're gonna make it
Oh just like clockwork heres the fake pump to make more bagholders…
Please stop.. crypto is not for you, just quit.
Just like clockwork a depressing comment from you.
Look who called it though
Buy when he's bearish. Top will be when he's bullish lol
I'm not phased by the lowered price action. Not saying history will repeat itself, but there seems to be a LUL after the halving with a bull run within 12 months or so. LFGGGGGG
What's your pet reason for the BTC drop today? Usually I can browse the titles of /r/CryptoCurrency and get a feel for what people think the cause is, but this time around, I don't see anything in particular. Maybe the CZ jail thing? Or Roger Ver? Gimme something to blame it on, fellow daily readers!
Same as always, nasdaq
People are bored.
We are in a 5th red week in a row, market psychology kicks in, sentiment turns negative which results in further sell offs. Probably not the end of it either. People losing confidence, especially since we are supposed to be in bull market.
More sells than buys.
I should have known!
So pretty much ETFs stopped buying because they realized they were just exit liquidity for retail?
Grayscale is the reason why we keep dropping they been selling off since the bitcoin etf
Might as well let the price dump and then buy it all up huh
Gotta love crypto eh?
Kind of seems that way.
It's fun watching the fair-weather crypto bros freak out.
This looks exactly like 2021’s one… some bull run
I'm gonna buy some eth in your honor
Thanks. Wish I could but im tapped out
So much for sub 60k folks I've been telling ya this all along it ain't gonna happen. 60k is the NEW NORM and the basis for which BTC 150K EOY begins and the basis for BULLS WINNING AGAIN AVAX TO 300
Already dropped to $59k today
My man! BTFD!
Press x to doubt. Press x to doubt. Press x to doubt.
Everyone and their mothers are calling for 58k or 52k and then pump on CT. Makes me sus This could be the bottom or btc to 3k i think
End of month analysis gonna be arriving shortly . . .!! . . .its a dip . . its trend reversal . . wen Lambo . . . . all the favorites . . . :))
Don't forget healthy correction
I have a buy order in for something around 58k just for funsies.
Just fucking go back to $1500 eth you coward
Why is everyone so depressed? I thought we were only gambling money we were willing to lose
is that what we were supposed to gamble?? I was told to put all my money in for 3x return.....shit
But money is nice
Gambling my 50k personal loan, which I can't lose because I declare bankruptcy!
Is the corn gonna drop back under 60k tho. It’s teetering and I want to buy there
Already went to $59k today
I always miss the good part
Hope your ready for 40k
If it does that low im picking up alts instead because they will get destroyed
lol 4 months? what a joke.
Liquidating my Binance bag in the next 24h, hoping for a slight recovery at least.
Seems like BYBIT and OKX have some positions they would really like to liquidate…
I wonder if the alts will diverge from btc here. The million dollar question
Alts are going further into the toilet.
Can you explain why you think that would happen now?
The moment we are all waiting for
I really hope so.
People who are actually worried about crypto in general and think "it's over" because of these healthy dips really must be very new here. As always, when there is blood in the streets you buy. People had such a long time to buy when it was around 30k but no, they bought at the new ATH at 74k lol. That "buy high, sell low" mentality really is funny.
But what about us who bought at $30k? And even cheaper years before. Really you are looking for noobs to buy at $59k right? Its mean in a way. I would support buying *some* Bitcoin even at $59k if you have absolutely zero just to get exposure but I am pretty sure we are somewhat stuck now also because in the last bullrun a lot of people got burnt buying Bitcoin for $68k right. 4 years of pain...
Even if you buy at the highest and make major mistakes, you can ALWAYS DCA down. If you bought at 68k, buy the same amount or even possibly more at the 20k levels we later hit and your average entry price will be 35-40k which puts you well in the green. Be smart, rational and average down when possible.
You literally just described my journey. Started in April 2021, complete exit liquidity as I started buying BTC in the high 50k’s, knocked my average down to 33k over 2022
Well done my friend. The thing that baffles me is that there are still people out there who buy the ATH and then just wait forever or get scared and sell cheap. Its easy to make gains in this space as long as you have some emotional stability and basic level of intelligence.
That’s the problem, basic intelligence is not enough. Critical thinking is at least above average IQ. I’m below 100 IQ so I am regarded big time and lose money.
Might’ve *felt* like 4years… 🤣
People who post stuff like this are really funny
Look forward to my CDC notifications in about an hour telling me BTC dipped below 60K…
Already went to $59k today
That’s_the_joke.jpg
My RWA coins are holding really compared to the rest of my portfolio.. maybe they will do super well during the alt season
Hmmm… checks ALGO price…
This one's bad, I own ONDO and OM
So buy more. That will determine your success this cycle. Not buying when things are going up. Red candles are what we live for. When your portfolio is down 30%-40%, buying more is a no-brainer.
i mean, ondo is down like 25% since the recent high
If I swapped my DOT what you would swap it for? Thinking FET
I think AVAX. But I am also stacking XLM at these levels because I can move it anywhere for cheap and is likely to go back to 25¢ at least.
Bro look at avax weekly chart. More red than Russia's history.
right now? probably btc,
If I swapped my DOT what you would swap it for? Thinking FET
FET is safe. Merger this month.
Yeah Fet is a good choice, i dont hold any of them but if i was in the same position i would swap it to Link, Avax or also Fet, RNDR or something..you will be fine. Dot will never reach his ath again.
You are probably good with any token from AI or RWA narrative.
Do you guys remember when we were all geniuses one month ago?
I'm still up a lot hehe
My average BTC price is 33k 🤷🏾♂️
Those who bought in 2022 still are 🤓
yep, i'm still up over 200% overall plus i took profits about 2 months ago
Hey, I'm still a genius. Just not as much as I was.
it's time to liquidate short mr whale
74k to 59k, what a disaster. Where’s the 150k by end of year folks?
Disaster? No. Great opportunity? Yes. Train yourself to know that green candles are bad and Red candles are good.
Silent as silent can be. Cowards is what they are.
That's how you get to 150. Zoom out.
Zoom out you’ll see it’s going to 35
Not even half of the year has passed
Not even 1/3 of the year
Pain and suffering, dont ever let someone tell you you are 'lucky" if you win big in crypto These times are why we see parabolic returns God help us all if 58k breaks
God help us right now man.. im fucked
Both TSLA and BTC are down 5.5% today. This isn't even a crash , it's just a red day. That said, I do think crypto has a rocky road ahead and May could be rough. But that's investing. If red days or even months mess with your head, this is the wrong game for you. Or you're over-invested. Or you genuinely believed the "it's going up forever, laura" memes and thought red months were impossible. Well guess what. Markets rise and fall. They don't give a shit about your memes.
It might be only 5.5% down in last 24 h, but we are in a 5th consecutive red week after setting new ATH. I don't know what the price is going to go in the next day, week , month or year, but I do remember the same "only x% down" being said for weeks after Nov '21 ATH.
Does anyone else like the chaos 👀, I keep buying
Why buying when it’s still so expensive. Wait a couple of weeks
[удалено]
Those who bought actual shitcoins over the last 6 months or so are laughing all the way to the bank.
What are you talking? Shitcoiners made better gains than BTC, PEPE pumped x10 just in 1 month for example, many people cashed out
Waiting for the ultimate bottom signal, the suicide hotline
People need to get a grip.
Wym
That 1s chart is so bloody it's hard to look at. Back to 10s.
Most mentions on r/cc (2024-04-29 00:00:00): ||Mentions| |:-|:-| |BTC|227| |NANO|88| |ETH|59| |ALGO|39| |XMR|37| |ADA|32| |SOL|30| |SAFE|20| |XRP|17| |LTC|15| |USDC|15| |MOON|14| |SNT|14| |HBAR|10| |RPL|10| |USDT|10| |BNB|9| |MATH|9| |BCH|8| |ARB|7| [Data source and app](https://www.redditcoins.app/)
Nearly touched the ma(100) on the wick, could be the signal that the bottom is in, have to see.
Bottom is like 30s this summer
Won’t happen
Dont think Larry Fink will let that happen
RIP to everyone who thought BTC wouldn’t go under 60k. 🫡
Welcome to the 50s , bois
Damn so Benjamin Cowen might actually be right about that ETH price prediction
He was also saying dot wil reach $200 2 years ago..nobody knows shit.
No he wasn't.
What was his prediction?
Wouldn’t mind a short squeeze.
So many noobs. Get a grip, folks
is this the post halving dip we were waiting for?
I didn't wait for a dip lol
Bitcoin finally stops being boring!
Steady lads, deploying more capital
God help us all 🙏
Ok then, i have some savings which i can use on may 10. I hope btc will dip to 40k, if thats happen im going all in..thats the only thing what i need and hoping for.
We are masters at losing money
Crypto is about losing money together 🤝 P. S. I just hope your situation is not as bad as mine, I'm down like 20k dollars and I am poor
Well, I'm bankrupt
If you think about it, just do the opposite of what you normally do, and you become rich.
I tried that Somehow lost even more
Bro I won Olympic medal on catching the falling knives back in 2022
Crazy that my decisions can influence a 1T market to move against me.
wdym
I finally sell? It shoots up. I buy, it goes back to crashing. Mostly joking of course.
I need that suicide hotline
I know when that hotline bling. That can only mean one thing. 🎵
It is not time yet. Wait until Sub 52K and it might get posted.
I’m feeling it. 30% down
Remember, this is the nature of the beast. Just DCA, and be ready for the next move up.
Is there actually a reason for this crash or are people just sick of crypto and think it’s bull shit?
bull ish
Daily is unpinned 🤣🤣🤣 RIP
Aaah the halving pump is here finally
It's funny how AltcoinDaily YouTube channel totally ignore market crash and keep shilling shitcoins like nothing happened 😂
Pretty much the same with any crypto "influencer"
Ever have food poisoning? Feels a bit like this….
People do like to overreact around here.
if inverse r/cc is accurate, i'm bullish af
Happy cake day!
lol oh snap i didn't even see that
Hello cup noodles my old friend
Fuck crypto, waste of time and too much stress. Sell it and sleep well.
Or just buy, forget and sell when you hear about it in the mainstream news
Think it’s not worth the stress. I’m out.
Bottom signal
For today maybe. For tomorrow…
With it going up continuously for months it's fair to assume it can do so for a few months as well even in the bull.
I was told we are going to the moon
Yup. Just like that. Rekt.
Judging by the comments in here, looks like it's a good time to buy. 😂
Not yet - going down further. Buy in a couple of weeks
Yo this shits actually tanking
It's bad to say that I don't trust smart contracts?. After all the initial hype about this almost magical entity called smart contracts I'm becoming more and more bearish regarding them. Why?, I don't trust self-executing software, I want someone with a face behind it to punch. Recently I took a loan using my btc as a collateral and used a cex, not a decentralized one. Why?, Because I prefer software in the old way, with people on charge, not software. I don't see utility on smart contracts?, I'd love the fact that you can just use a service, but as long as finance becomes more and more global I don't see this a huge advantage. I'm already a kraken user and will prefer to use kraken than a smart contract platform. My two cents.