Are we excited yet?

massdebater

Timmaay wrote: »

What's the best staking rate on usdt, without having to convert it into another currency (and do the likes of yeild farming/algorithm trading)?

12% seems to be common.
Start off rate of 12% with yield.app (10% USDT + 2% YLD tokens) up to potentially 20% as you earn more of their native YLD tokens and move up their tier system. Everything paid daily and you can take it out any time with no waiting period

ShaneU

Cardano the only thing in green for me during this shítshow

ShaneU

ShaneU wrote: »

Cardano the only thing in green for me during this shítshow

Treat it as a 10-15% off flash sale

seannash

Timmaay wrote: »

What's the best staking rate on usdt, without having to convert it into another currency (and do the likes of yeild farming/algorithm trading)?

I think autofarm offers decent rates. You might have to split it between 2 or 3 stable coins for the best rate with autofarm. They have a usdt/busd pool for example

weemcd

Have alerts set for 45K/43K/42K on BTC...

BrandonBay86

250,000 Satoshis acquired at $47k.

LuckyLloyd

BrandonBay86 wrote: »

250,000 Satoshis acquired at $47k.

Like a quarter million of his original coins?

Scuid Mhór

Any opinions on Algorand?

And what about the privacy update for litecoin?

Mellor

LuckyLloyd wrote: »

Like a quarter million of his original coins?

He means 250k satoshi, as in the smallest divisible unit of a Bitcoin (one hundred millionth of a bitcoin).
Basically he's saying he just bought 0.0025 BTC. or 100 euro of BTC.

el diablo

Mellor wrote: »

He means 250k satoshi, as in the smallest divisible unit of a Bitcoin (one hundred millionth of a bitcoin).
Basically he's saying he just bought 0.0025 BTC. or 100 euro of BTC.

Shhhhh. 250,000 satoshis sounds far more impressive. :pac:

FileNotFound

Is there a general drop going on right now?

All coins seems downward trajectory.

Wondering when be good to throw more money in?

LuckyLloyd

Mellor wrote: »

He means 250k satoshi, as in the smallest divisible unit of a Bitcoin (one hundred millionth of a bitcoin).
Basically he's saying he just bought 0.0025 BTC. or 100 euro of BTC.

Thanks pal!

sparkletooth

FileNotFound wrote: »

Is there a general drop going on right now?

All coins seems downward trajectory.

Wondering when be good to throw more money in?

"Time in the market > Timing the market" - Someone on the internet

As long as you don't buy a stinker. DYOR

weemcd

weemcd wrote: »

Have alerts set for 45K/43K/42K on BTC...

Testing 46K right now.

Irish_rat

Musk is at it again with more btc fud tweets

Sierra Oscar

Irish_rat wrote: »

Musk is at it again with more btc fud tweets

It's highly frustrating. We all thought that cryptocurrencies would offer a reprieve from what we are used to with monetary currencies and markets being manipulated by the elite. This whole sorry saga demonstrates that crypto isn't all that different. Worrying.

Of course his manipulative actions are also playing right into the hands of regulators who argue we need centralized digital currencies rather than crypto to prevent this sort of behaviour.

bfa1509

Irish_rat wrote: »

Musk is at it again with more btc fud tweets

It is beyond me how people like that clown of a man

patnor1011

I think I mentioned it. He is going full McAfee way. Few more tweets like this and one day nobody would notice what he has to say.
He most likely sold his btc holdings and now he simply want to buy them back cheaper.

On a side note, if anyone is thinking about setting up revolut account they now offer 50 euro referral bonus which I gladly share with anyone who will sign up through my link.

weemcd

weemcd wrote: »

Testing 46K right now.

...45K

Sierra Oscar

Looks like BTC is about to shoot below the early March low.

HGVRHKYY

patnor1011 wrote: »

I think I mentioned it. He is going full McAfee way. Few more tweets like this and one day nobody would notice what he has to say.
He most likely sold his btc holdings and now he simply want to buy them back cheaper.

On a side note, if anyone is thinking about setting up revolut account they now offer 50 euro referral bonus which I gladly share with anyone who will sign up through my link.

Wouldn't be so sure about that happening so soon unfortunately, Musk has much more of a cult following than McAfee ever did or could, just look at the reactions from some lunatics under his tweets. You'd swear he was their God the way they'll defend anything he says

Bob24

HGVRHKYY wrote: »

Wouldn't be so sure about that happening so soon unfortunately, Musk has much more of a cult following than McAfee ever did or could, just look at the reactions from some lunatics under his tweets. You'd swear he was their God the way they'll defend anything he says

Sadly I can’t disagree :-/ Honestly if would be better if those 2 had never gotten involved in crypto.

Dutchy

I have on several occasions questioned why I dollar cost averaged into bitcoin. Now that it's value is going down, I understand why. Let's face it - you either believe in crypto / bitcoin or you don't. Will these Musk tweets matter in 5 to 10 years time? Looking back, these times are opportunities to stack wholesale stats. So its not f*ck Elon. It'll be nice one, Musk.

Musk is terrible in so many ways. He doesn't give a damn about his shareholders, never mind his fans.

Can you imagine any responsible CEO deliberately making statements that he knows will devalue his company's, i.e. his shareholder's, assets?

wotzgoingon

Sierra Oscar wrote: »

Looks like BTC is about to shoot below the early March low.

I hope it drops completely for a while. I might actually invest in some then. :pac:

Thargor

Meredith Rotten Tannery wrote: »

Musk is terrible in so many ways. He doesn't give a damn about his shareholders, never mind his fans.

Can you imagine any responsible CEO deliberately making statements that he knows will devalue his company's, i.e. his shareholder's, assets?

He's probably already dumped:

https://twitter.com/elonmusk/status/1394001894809427971

weemcd

Thargor wrote: »

He's probably already dumped:

https://twitter.com/elonmusk/status/1394001894809427971

Absolute certainty. And he'll buy back once he's shilled DOGE for another while...

HGVRHKYY

Bob24 wrote: »

Sadly I can’t disagree :-/ Honestly if would be better if those 2 had never gotten involved in crypto.

Think it was someone on this forum recently talking about how they reckon he's trying to elbow his way in to take over doge and claim ownership of it, so he can then asset himself as 'conquering' yet another sector, I totally agree. Wouldn't surprise me at all if that's his aim with all of this, guy's a total snake and I bet it sickens him to see the likes of Vitalik standing out as the household names and considered the real founders of crypto in general

bfa1509

If it doesn't show some sign of bottoming out overnight then I'll be worried what the Monday market will bring...

The very fact that Musk can do so much damage surely undermines the store of value argument? How could any institution justify investing in something that Musk could devalue with casual ease?

I have only just begun gambling with crypto (DCA small amounts) so it probably suits me for it to go down a bit, but still.

HGVRHKYY

wotzgoingon wrote: »

I hope it drops completely for a while. I might actually invest in some then. :pac:

That's what they all say

Thargor

Meredith Rotten Tannery wrote: »

The very fact that Musk can do so much damage surely undermines the store of value argument? How could any institution justify investing in something that Musk could devalue with casual ease?.

Devalue by 10% after 400-500% gains lol.

Thargor

Thargor wrote: »

Devalue by 10% after 400-500% gains lol.

The problem is not that it has gone down a bit. The problem is why

Thargor

So its not a good store of value then? Even though everyone who's ever wanted to use it as such in its entire history apart from the last 30 days is in profit? All the indicators were overheated and this is one of its regular retraces before its next ATH, people always attach Musk/Chinese New Year/Turkey outlawing BTC/other noise when it moves, it doesnt mean anything.

Bob24

This Twitter thread is an interesting read on the latest Tether development and how they might have influenced crypto markets (IMO she’s being fairly balanced): https://twitter.com/caitlinlong_/status/1393651168681676801?s=21

Bob24

HGVRHKYY wrote: »

Think it was someone on this forum recently talking about how they reckon he's trying to elbow his way in to take over doge and claim ownership of it, so he can then asset himself as 'conquering' yet another sector, I totally agree. Wouldn't surprise me at all if that's his aim with all of this, guy's a total snake and I bet it sickens him to see the likes of Vitalik standing out as the household names and considered the real founders of crypto in general

Yes could be. I saw he actually offered funding to the Doge developers (which they say they declined). This would have given him a strong grip on the project.

Just used this opportunity to get some sub €3k ETH.

It's not pretty out there at the moment, but if we use our laser eyes we should be able to withstand this.

Thargor

Thargor wrote: »

So its not a good store of value then? Even though everyone who's ever wanted to use it as such in its entire history apart from the last 30 days is in profit? All the indicators were overheated and this is one of its regular retraces before its next ATH, people always attach Musk/Chinese New Year/Turkey outlawing BTC/other noise when it moves, it doesnt mean anything.

Well, that's a fair point.

I just think that Musks deliberate manipulation is terrible, and should be criminal.

FFVII

https://finance.yahoo.com/news/musk-latest-dogecoin-tweet-sparks-130000425.html

Musk backlash begins

Idioteque

https://decrypt.co/71081/did-elon-musk-just-suggest-tesla-is-about-to-dump-its-bitcoin

Get ready to buy the diiiiiiipppppp

bfa1509

FFVII wrote: »

https://finance.yahoo.com/news/musk-latest-dogecoin-tweet-sparks-130000425.html

Musk backlash begins

Idioteque wrote: »

https://decrypt.co/71081/did-elon-musk-just-suggest-tesla-is-about-to-dump-its-bitcoin

Get ready to buy the diiiiiiipppppp

The clown deleted the last few tweets it seems
Edit: No, back up again. The more grief he gets for this the better.

He's tweeted again

https://twitter.com/elonmusk/status/1394170030741413888

His posts and manipulation are perfectly fine and absolutely no one using bitcoin should complain about lack of regulation, and if you have a problem with one man making something with a market cap of 835 billion dollars fluctuate by double digit percentages with posts on Twitter, invest in something that has fundamentals.

My brother has lost loads of money the last couple of days and hasn't complained once because he's a grown up who understands what bitcoin is.

[Deleted User]

[Deleted User] wrote: »

His posts and manipulation are perfectly fine and absolutely no one using bitcoin should complain about lack of regulation, and if you have a problem with one man making something with a market cap of 835 billion dollars fluctuate by double digit percentages with posts on Twitter, invest in something that has fundamentals.

My brother has lost loads of money the last couple of days and hasn't complained once because he's a grown up who understands what bitcoin is.

I've just cancelled my Tesla

phishcakes

[Deleted User] wrote: »

Just used this opportunity to get some sub €3k ETH.

It's not pretty out there at the moment, but if we use our laser eyes we should be able to withstand this.

I wonder will it drop much further

Bob24

[Deleted User] wrote: »

His posts and manipulation are perfectly fine and absolutely no one using bitcoin should complain about lack of regulation, and if you have a problem with one man making something with a market cap of 835 billion dollars fluctuate by double digit percentages with posts on Twitter, invest in something that has fundamentals.

My brother has lost loads of money the last couple of days and hasn't complained once because he's a grown up who understands what bitcoin is.

BTC is only one part of this story. The man has corporate and legal responsibilities.

I am not sure all Tesla shareholders agree with you that his tweets are perfectly fine (he is not just exposing his own reputation, but also the company’s), and they might think instead of spending time on this he should try to do something about their share price. Also, while they have been toothless until now, I am sure the SEC is monitoring his statements.

And while from a BTC perspective there is nothing illegal, anyone is entitled to disagree with him and express what they think (I don't think I have actually seen many people here complain about the lack of regulation?).

FileNotFound

phishcakes wrote: »

I wonder will it drop much further

Seems to be rolling back up at the moment.

phishcakes

phishcakes wrote: »

I wonder will it drop much further

It stabilised overnight, at least for now anyway, and is currently higher than the price I bought in at. I also used the chance to pick up some cheap Nano because that will surely have at least one more good pump in this bullrun.

Deleted User

Deleted User wrote: »

His posts and manipulation are perfectly fine and absolutely no one using bitcoin should complain about lack of regulation, and if you have a problem with one man making something with a market cap of 835 billion dollars fluctuate by double digit percentages with posts on Twitter, invest in something that has fundamentals.

My brother has lost loads of money the last couple of days and hasn't complained once because he's a grown up who understands what bitcoin is.

How does this type of comment help anyone?

circadian

Badly fukt wrote: »

He's tweeted again

https://twitter.com/elonmusk/status/1394170030741413888

Tesla has not sold Bitcoin? He's talking ****! They sold 10% "to prove liquidity" where in reality the $100+ million Tesla made from selling Bitcoin turned them around from losses to gains.

He's clearly pumping and dumping the market, thankfully, BTC while volatile is able to weather that type of storm. The dips are no different from big bitcoin dips in the past.

Doge on the other hand, many people will get wrecked in that as any kind of volatility brought on by Musk will probably cause a huge crash in it's value, in turn, affecting many other assets as people try to minimise loss.