MISC Crypto Crew (MCC) Vol: XV: Getting Zucked into the Metaverse

[entropy91]

[Omnivium]

Anyone know where we can short Luna? I want to take advantage of this somehow. Just with some play money of course

[MisterInfinity]

Anyone know where we can short Luna? I want to take advantage of this somehow. Just with some play money of course

Aint no exchange that's gonna let you short LUNA now brah lmao

Isn't even delisted from most places already?

[BigSteve777]

Anyone know where we can short Luna? I want to take advantage of this somehow. Just with some play money of course

It's literally already zero, you're too late.

[ghostfacedup]

Just stopping by to say that in main misc I recommended Anchor due to it's 20% APR, but can't find the thread now because main misc is hidden from web search. Obviously, I didn't know what the phuck I was talking about, because it was clearly a Ponzi scheme once anyone dug into the tokenomics and thought about what it would take for the system to stay functional. This year (before currency events) I realized it could crash horribly, but I forgot about my post on the misc so I never came back and told anyone that it's a risky play despite being a 'stablecoin'.

Basically I phuckin hope that I didn't influence anyone to use Anchor. Though thankfully, if memory serves, noone repped or responded to that post so I hope that noone did.

If anyone did and got wrecked... If it makes you feel any better. I lost a ton swing trading and making risky plays with low caps to try to make the money back, I got too cocky... Bull market had me thinking I was a genius. (I'm actually incredibly glad we are in a bear market gives me time to DCA into L1s with good fundamentals.)

FWIW to anyone, I've flipped my perspective on BTC and ETH. IMO nothing is dethroning BTC - regardless of their being superior tech out there - and is the safest investment in crypto. Nation states, institutions, and retail investors are all accumulating. The network effect, adoption and hashrate is IMO too strong to dethrone.

Ethereum IMO has serious problems, it can't scale on L1 (sharding is difficult and takes a long time to implement for L1s built from scratch like NEAR, let alone for a first mover network like Ethereum), and fees are too high which POS migration doesn't seem like it will fix. Solidity is renowned as a clunky language, perhaps eWASM will be better but who knows. I'm not confident in it's ability to be around long term, though I might be proven wrong. I now understand why conservative investor Lynn Alden won't touch any investment in crypto but Bitcoin. I have no idea which L1s are gonna last.

Best conservative investment advice I ever heard was from Crypto Wendy. Once there is a 100%+ pump on an investment or trade, take out your initial plus some profit, and then you can just vibe and watch your moonbag. (Though I'm never swing trading again.)

My strategy going forward is to basically flip profits into BTC. If Monero sorts out it centralized mining problem, then I'll be flipping profits into XMR too.

Anyway, I hope everyone is good and I hope good people get rich.

Of course I agree with all of this. I do think it's worth holding some ETH for the next few years though, to eventually flip into BTC. ETH's hype cycle hasn't even begun yet. When ETH really blows up, it will probably moon like hell and crash just as hard, just gotta cash it in.

[Omnivium]

It's literally already zero, you're too late.

It goes to 8 decimal places bruh

[forthenoodz]

buy anything you want. This is the recovery bounce before the real bear market. Probably get one last 2x on anything you pick and then its lights out. Its all going down after but if you get out you will be able to put some good bids on some good coins.

totally agree.

the crash in Luna has definitely got the hedgies interested and formulating strategies to profit of any strategy possible

inb4 "but but it's a 10 billion market cap"

if they have to borrow 3bn to make 500m easy, they will do it.

[scare]

There's a lot of people right now looking at how much money they have tied up in monkey jpegs who are going to start acting completely irrational. The great NFT unwinding will make the ICO unwinding look like a blip on the radar.

Ape token under $1 will be here before you know it. Community treasuries liquidated and exit scams galore. Buckle up.

sorry you missed the biggest wealth increase in 2021 and 2022 in terms of % returns. I get youre salty, its ok. ape can go under $1, it was the EASIEST trade in terms of $10-$15 entry days/weeks before riding up to the land sale, and you missed it all while you try and bottom buy BTC for 5-10% gains.

[DavidL913]

Anyone know where we can short Luna? I want to take advantage of this somehow. Just with some play money of course

few days late bud

not even worth it at this point.

[entropy91]

Heads up boys. Etherscan and coingecko are exploited. DO NOT CONNECT YOUR WALLETS

Also spiritswap domain has been hijacked. Do not use it. The UI sends funds to attacker address.

Stay safe.

[entropy91]

sorry you missed the biggest wealth increase in 2021 and 2022 in terms of % returns. I get youre salty, its ok. ape can go under $1, it was the EASIEST trade in terms of $10-$15 entry days/weeks before riding up to the land sale, and you missed it all while you try and bottom buy BTC for 5-10% gains.

What is it about me that attracts these mouthbreathers? Is this just commonplace on the misc now?

[Parkerscott]

What is it about me that attracts these mouthbreathers? Is this just commonplace on the misc now?

bro you missed a high risk 2x short term capital gain play. have fun staying poor.

[entropy91]

bro you missed a high risk 2x short term capital gain play. have fun staying poor.

"Bro you didn't time the top and bottom on every coin. Stay salty"

[W1LLW]

Of course I agree with all of this. I do think it's worth holding some ETH for the next few years though, to eventually flip into BTC. ETH's hype cycle hasn't even begun yet. When ETH really blows up, it will probably moon like hell and crash just as hard, just gotta cash it in.

Crash like hell in the sense that there will be a peak and correction like literally every other asset in existence. That is true, but i certainly hope no one itt is foolish enough to simply be a btc-maxi after all these years.

This is the millennial/Gen-Z investing equivalent of buying gold. There will always be a reason to buy it to add stability to one's portfolio, but buying eth now is like buying tesla at $350.

We can disagree on this, but the joker in the deck is the possibility of the media turning against bitcoin. I cannot turn on morning news without them grooming normies about inflation being common place, going as far to have little news segments on how to start your own garden since buying groceries are becoming too expensive. On top of this, they're also pushing electric vehicles more and more. I believe there is a significant possibility that when Ethereum goes live with their proof of stake mechanism, the mainstream media is going to dick-ride it to hell highlighting the fact that ethereum will be using 98% less energy than Bitcoin since ethereum will no longer have mining.

I am not oblivious to the fact that bitcoin has been generally classified as "digital gold" to hedge against inflation. I haven't looked at the EXACT data yet, but as of right now BTC is simply following S&P500. If it was the inflation hedge we all thought it was, it would be mooning right now. ETH is also S&P500's bitch but... how many DEX's built on BTC do you all use? How many people have you paid in btc? How many DApps at all are built on BTC?

The answer is absolute fukall. The only utility of bitcoin is the general beleaf that it is the hedge against the dollar's inflation. All of you buying alts on uniswap? Built on ETH. All of you (non solana plebs) buying nfts on opensea? That's ETH. Anyone who works in web3 knows that when you're looking to work with a developer or designer, they want to be paid in USD or ETH. I have yet to find one that wants bitcoin sent to them. ETH is also going to be 5% DEflationary after proof of stake. I will never tell anyone BTC is a garbage hold, but if i have to choose stacking BTC vs ETH for the long hall it's not even a question.

[ymer]

Heads up boys. Etherscan and coingecko are exploited. DO NOT CONNECT YOUR WALLETS

Also spiritswap domain has been hijacked. Do not use it. The UI sends funds to attacker address.

Stay safe.

Wait, are people are uploading their private keys to 3rd party websites?

[DrFeeIGood]

wait, are people are uploading their private keys to 3rd party websites?

lololol

[scare]

"Bro you didn't time the top and bottom on every coin. Stay salty"

If that's your take from this, you're more braindead than I thought. Keep hating on NFTs which made millions for many people while you make 10-20% on your trades. You reek of desperation and saltiness in every message you type.

[Grinners]

First post in here in a few years.

Stuck to my plan throughout the cycle and sold 5% every 30% increase over ATH (26k, 33k, 44k, 57k).

At the peak of the market, selling every 30% move was too far between, so I have adjusted that to selling 5% every 20% for the next cycle. As such, I sold another 5% at 60k. I am now sitting on 77% of the Bitcoin I had at the time of the halving (may 2020) but with a cost basis of $0.


I am now buying again, and bought heavily when we dropped under 26k (the price of my first sell last cycle). I will continue to buy every hour until the next halving, with the plan to sell 5% of my position every 20% move above my previous ATH sale (72k, 86k, 104k, 124k, 149k etc). This money will be redistributed to index funds and property to balance my porftolio.

Rinse and repeat.
Halving in less than 2 years.
Now is the time to be aggressively accumulating the hardest money mankind has ever known.

If you messed up last time, now is the time to fix it for next time.

Cya at the halving.
Halving Year Block Height Date
2024 840,000 Mar 02, 2024 07:45:53 AM GMT (PROJECTED)

[ProteinEnough]

First post in here in a few years.

Stuck to my plan throughout the cycle and sold 5% every 30% increase over ATH (26k, 33k, 44k, 57k).

At the peak of the market, selling every 30% move was too far between, so I have adjusted that to selling 5% every 20% for the next cycle. As such, I sold another 5% at 60k. I am now sitting on 77% of the Bitcoin I had at the time of the halving (may 2020) but with a cost basis of $0.


I am now buying again, and bought heavily when we dropped under 26k (the price of my first sell last cycle). I will continue to buy every hour until the next halving, with the plan to sell 5% of my position every 20% move above my previous ATH sale (72k, 86k, 104k, 124k, 149k etc). This money will be redistributed to index funds and property to balance my porftolio.

Rinse and repeat.
Halving in less than 2 years.
Now is the time to be aggressively accumulating the hardest money mankind has ever known.

If you messed up last time, now is the time to fix it for next time.

Cya at the halving.
Halving Year Block Height Date
2024 840,000 Mar 02, 2024 07:45:53 AM GMT (PROJECTED)

We don't have enough BTC.

[monty097]

It goes to 8 decimal places bruh

Hope you didn't short it cause it's back to .00028 now lol.

RIP those that shorted at 5 0's.

[jafomofo]

after luna went tits up, everyone pointed at how they knew it was a scam and how the project was trying to leverage bitcoin using some sort of MAD approach to hold its stable coin to peg. Beforehand I only heard about how awesome it was. What's the next coin that has some behind the scenes BS going on? I just want to read up on the drama.

[juvefan]

Hey hey heyyyy

[overtrainbrah]

Is ADA really a chitcoin?

[MisterInfinity]

Is ADA really a chitcoin?

ADA will probably go down as the biggest market cap coin that literally still does **** all this cycle. I mean at its peak it was at what, near 100B market cap? Fking insane, what social media shilling can achieve. If only my sweet ATOM could pull something like that next cycle.... I would be made for life sigh.

[Lowkick]

First post in here in a few years.

Stuck to my plan throughout the cycle and sold 5% every 30% increase over ATH (26k, 33k, 44k, 57k).

At the peak of the market, selling every 30% move was too far between, so I have adjusted that to selling 5% every 20% for the next cycle. As such, I sold another 5% at 60k. I am now sitting on 77% of the Bitcoin I had at the time of the halving (may 2020) but with a cost basis of $0.


I am now buying again, and bought heavily when we dropped under 26k (the price of my first sell last cycle). I will continue to buy every hour until the next halving, with the plan to sell 5% of my position every 20% move above my previous ATH sale (72k, 86k, 104k, 124k, 149k etc). This money will be redistributed to index funds and property to balance my porftolio.

Rinse and repeat.
Halving in less than 2 years.
Now is the time to be aggressively accumulating the hardest money mankind has ever known.

If you messed up last time, now is the time to fix it for next time.

Cya at the halving.
Halving Year Block Height Date
2024 840,000 Mar 02, 2024 07:45:53 AM GMT (PROJECTED)

I read a lot that we will be touching 20K and even 10k BTC, you believe that?

[MisterInfinity]

The answer is absolute fukall. The only utility of bitcoin is the general beleaf that it is the hedge against the dollar's inflation. All of you buying alts on uniswap? Built on ETH. All of you (non solana plebs) buying nfts on opensea? That's ETH. Anyone who works in web3 knows that when you're looking to work with a developer or designer, they want to be paid in USD or ETH. I have yet to find one that wants bitcoin sent to them. ETH is also going to be 5% DEflationary after proof of stake. I will never tell anyone BTC is a garbage hold, but if i have to choose stacking BTC vs ETH for the long hall it's not even a question.

Yo W1LLW, any inside information about METIS? After the big unlock how's the sentiment over there? Things looking better, or the management is still a mess and retarded? Obvious the price is pure vomit right now, but who gives a fuk about it at this point, in the short term.

Any insight?

[MisterInfinity]

I read a lot that we will be touching 20K and even 10k BTC, you believe that?

I absolutely believe it will touch at least 20k this year. There's no reason to believe this is the bottom.

[entropy91]

Wait, are people are uploading their private keys to 3rd party websites?

No they're signing something they think is legit and getting their wallets emptied

[FrankCostanza]

RIP to your $10K.

Update i bought more at$0.000012 up 4.7x average.

[MisterInfinity]

Update i bought more at$0.000012 up 4.7x average.

Seems like trades are pretty much exploiting LUNA right now, for short term swings, there's a lot of profit to be made if you do it right. Majority is probably bag holders trying to recoup something somehow lmao.

I still aint touching dat shiet with a 10 ft pole, just too much risk.

Best of luck brah.

p.s. I just feel this whole situation is such a bad look on crypto in general, like it could even get any worse lmao