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gyroprotagonist

Certifiably Surly
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Everything posted by gyroprotagonist

  1. i don't view it as that differently, but I am not a buy and hold crypto person. Buy and hold people, in general, are not keeping their BTC/ETH in a CEX, but in their own wallet. So setting up a stop loss sale is difficult from that perspective (or maybe i just don't know how to do it). Whales are highly manipulative (sometimes seemingly in conjunction with the CEXs) so it's hard to read the tea leaves and guess the direction of the market. Easier to buy and hold, but must have stomach for huge swings and you are counting on entire market going on a sustained run to lift a long period of DCA buys from the ATH. Whales want to make money too. they still need to buy low and then move the market higher to sell. You cannot time the bottom and top, but lots try to draft the whales moving the market up. If you set areas to take profit and set SL to limit losses, it comes to resemble stock trading whether one sees any intrinsic value or not. crypto can be easily traced. that's the point. if a gov agency wants to find out where money is going and who it is, they likely can. amateurs find and dox crypto scammers all the time by tracking how wallets interact to follow the crypto. tracking is not recovering though and obviously freezing like with a traditional bank is not happening, but they can keep an eye on suspect wallets and pounce when it's moved to fiat.
  2. This is what i don't get from all the Suns fans saying "we needed a big man" when defending the #1 overall pick. No one needs a big man to have success. That is not the same as saying you cannot have success with a big man. Luka posted up more times than Ayton in the series (and got more rebounds, lol) but when bigs are getting torched on defensive switches and/or getting pulled out of the lane to hedge the corner 3 there is a strong argument that the cons outweigh the pros to having them on the floor for long stretches. When Ayton was effective, he would slide up the high post and sorta invite his defender to help on a baseline drive and open up that easy dish for a dunk. He needs to play like Shaq and bully opponents each game by battering into them on the block. make the refs determine what is allowed and what is not. otherwise, any player can get a jump hook off in the lane and he brings no advantage. if you allow a smaller player to guard you and are not creating a need for a double team, a true big should not be out on the floor.
  3. Spencer cemented that win. Luka was balling out from the tip, but every other starter was playing nervous on offense, not hitting anything. Suns could have easily come back but SD came out confident and on fire. Then JB took over in the 3rd and removed any doubt that the Mavs were going to throttle the Suns.
  4. damn. so this dude bet the Terraform Labs CEO (creator of LUNA) $10MM that the price of Luna would be lower than $88 by March 2023. After the crash, he just bought 120K shares of LUNA for < $1 to cover the bet should LUNA recover by then. fucking lol. https://www.theblockcrypto.com/post/145739/trader-doubles-down-on-10-million-bet-against-do-kwon-by-shorting-luna the bet is supposedly escrowed.
  5. biggest win was buying tether (USDT) when people were panic selling below $1. people were literally selling a $1 for 80-90 cents when it appeared that it was 'depegging' i remember being mad a few weeks ago that my last transaction on Luna was getting a SL hit at 92.50 to close out my entire position, because of course it wicked straight up right after that. cannot imagine riding that down all the way. everyone has their own strategies, but holding something just for the sake of holding and never willing to sell or put in a SL seems like a bad play in crypto.
  6. yep, that's what it was. not a margin call, but their own loan backed by BTC.
  7. maybe tomorrow lol. i've been straight cash homey for while outside those failed SOL buys and quick SL hits. btc zoomed through 34K, just plowed through 31K and south of 30.5K as I type. i cannot chart to save my life, but I think that's bad. ETH longers are still getting punished, but the good news is that as more people convert to doom and gloom outlook, the whales will change direction or at least pump fake. LUNA has gotten the stuffing beat out of it. almost 50% down since wed. what's the price where Saylor's company explodes? BTC at 22K is where they have margin calls on their collateralized loans due is what i remember reading a few days back.
  8. wife wanted to go for mom's day. we and the kids had consumed wandavision and the what ifs so pretty much knew what was going on.
  9. yeah, ctwitter is melting down for the most part. lots of sell-shaming people who are exiting stuff at a big loss. beside the 610 of APE i kept to mint the otherside deeds, i exited above 20. but yeah, NFTs and crypto are both down. in the past a lower eth would drive some decent NFTs pricing, but no one wants to play right now. made some SOL buys this morning but put a SL in right after. people are still pouring money into BTC longs so I think the whales will keep crushing them until they stop. everything could keep going down.
  10. seems pretty fucked up that they cannot go after the service company. Are you liable if you take your gun to the repair shot and either by accident or malice two employees were involved with a shooting?
  11. was exhausted and tapped out after the 3rd. what a beatdown the 4th turned out to be. was browsing tix for game 4, depending on how they look in Game 3, they might be pretty cheap
  12. penalty is the last 3 months of interest, iirc. you can open them for each member of the family up to 10K. fin planner suggested we look at them as a short term investment for the kids as their 529 plans are basically funded to a level that should cover their education and it may not make sense to keep adding to it (they are both in middle school). The main downside is 10K limit from what i have seen. not sure how I bonds compare with TIPS bonds, though.
  13. and as no surprise, APE is back down under 14 now after the mint. kinda surprised its even this high.
  14. 1 billion times this. all your stuff lives on the blockchain and nothing actually resides on the cold storage device. the cold storage device is just a locked door in front of a wallet address (or addresses for multiple blockchains ETH/BTC/etc...). Even if a thief took your cold storage device, they really could not do anything without the seed phrase. - there is a worst case scenario where say you left your ledger, a laptop where ledger was installed, the password to the laptop, the passcode to the ledger, the password to your software wallet (metamask) all in the same place. The thief would then not need the seed phrase and could just use the laptop by logging in to everything. installing the ledger to a new computer requires the seedphrase. Yeah, it is waaay more important to never put your seed phrase anywhere digitally. don't store on your computer (even encrypting the text file), don't take a picture of the seed phrase on your phone. No one will ever need your seed phrase to help you with any issue concerning your wallet. phishing/social engineering seems like it is the #1 way people get their digital assets taken. never accept 'help' from anyone offering use remote access to your computer especially after posting about a crypto or wallet issue. don't approve smart contracts from websites you don't know and read what you are approving before clicking.
  15. i, for one, am buying stock in lambo futures on this news. sooooo many new peeps in Africa about to be driving cars with doors that open 'up' instead of 'out'.
  16. nice! are you going to mint with it on Sat? i think i am using all i can to mint the lands. 2x on the coin is nice, but could be more on the nfts. or they could tank because supply is so high, but not betting against the bayc mojo at this point.
  17. pretty insane that an nft is driving this. chart for APE below
  18. basically this dude already had a limited 1000 unit NFT pass that was at 90eth floor. that one was a token that got you in an exclusive alpha discord and access to free higher value drops/mints. main founder is fully doxxed and has 1.6M followers on twitter (Kevin Rose) 2K of the moonbirds were given out free to the 1K pass holders and the other 8K were set aside to go to people who won a raffle for the right to spend 2.5e on a pixelated owl. there was soooooo much fomo on people that did not win the raffle that it took off like no other NFT in history. as to BAYC land, no one knows too much about what it will really entail. again, just rampant hype and demand revolving around the #1 brand in NFTs. could be a mmo game/environment. I plan to buy as much as i can lol. selling the ape coin as it nears $20 would be a nice little profit, but i think minting the land and selling that on the open market will be more lucrative. people buying $APE and getting liquid for the land sale is basically crashing some of the other NFT floors. I think the moonbirds was down to 25eth today.
  19. anyone else here gearing up for the BAYC Land sale on Saturday? $APE has been on a nice run in the last 2 weeks, but I will probably still use all that i have to buy the land nfts.
  20. starting to get some Dale vibes on that rant
  21. that's a solid fucking rug right there. 1 month from pump to dump.
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