MISC Crypto Crew (MCC) Vol: XII: Retirement plans and exit scams

[KingKringe]

well played to those that sold be4 the crash boyos das it!

[Serenadium]

....

for those that want it, here is pinescript code i made for the Mayer Multiple for your tradingview charts

study(title="Mayer Multiple", shorttitle="MM", overlay=true)
len = input(28, minval=1, title="Length")
src = input(close, title="Source")
out = sma(src, len)
mayer_multiple = src / out
plot(mayer_multiple, color=color.blue, title="MA")

the input should actually be 28.51 instead of 28 weeks but the sma function only allows integers. calculation is approximate but close enough. goes without saying you need to have your chart as log format.

[BDSMBBW]

Guys any thoughts on a trader named https://twitter.com/crypto_iso (crypto_iso) on twitter? He even has proof of his trades which is purely incredible trading if true - never seen anything like this before.

The guy claims to have grown his small test account by ~ 15,000% in less than 7 days of opening it.

One of the best traders on bitmex https://twitter.com/nyuuroe took ~60 days to accomplish a similar feat.

[StevieSparkZ]

I wonder if we are going to see two more days of dumping or bleeding.

Hope so! I wanna get in! You still in ETH and/or BAT Parker?

[Parkerscott]

Hope so! I wanna get in! You still in ETH and/or BAT Parker?

Im only in BAT right now. Its growing way too big to be ignored. The growth metrics are absolutely insane and bitcoin core is lashing out hard against it.

[StevieSparkZ]

Im only in BAT right now. Its growing way too big to be ignored. The growth metrics are absolutely insane and bitcoin core is lashing out hard against it.

I would've picked up a bunch of BAT before that recent pump, but Coinbase makes you wait 6 days before it clears USD now...

BAT is insane:

- Already has a working product. Good browser on all points, easy switch from Google Chrome. Same language as Google Chrome.
- Capped supply.
- Low market cap, under 300 million as I post this.
- Etc.

[PenorBrahNoHomo]

Brahs I'm a total noob ******* and bought in near 10K, fukin roast me

[Parkerscott]

I would've picked up a bunch of BAT before that recent pump, but Coinbase makes you wait 6 days before it clears USD now...

BAT is insane:

- Already has a working product. Good browser on all points, easy switch from Google Chrome. Same language as Google Chrome.
- Capped supply.
- Low market cap, under 300 million as I post this.
- Etc.

Not sure if you have ever seen this but its got some creator stats. https://www.bat.watch/

Publisher counts popping off, and the user base overall has been growing by over 10% month over month. Over 14m users now. They are forecasting profitability before the end of the year also. Im hoping brave/bat go viral because its setting itself up at this rate. Extremely undervalued.

[savageoldman]

Brahs I'm a total noob ******* and bought in near 10K, fukin roast me

dumb ass

[Gringo12]

Not sure if you have ever seen this but its got some creator stats. https://www.bat.watch/

Publisher counts popping off, and the user base overall has been growing by over 10% month over month. Over 14m users now. They are forecasting profitability before the end of the year also. Im hoping brave/bat go viral because its setting itself up at this rate. Extremely undervalued.

I'm so heavy in BAT that it's uncomfortable.....in a good way

[savageoldman]

I'm so heavy in BAT that it's uncomfortable.....in a good way

how much bat are you holding? PM?

[Gringo12]

how much bat are you holding? PM?

5 figures is all I'll say

[PimpMasterC]

Brahs I'm a total noob ******* and bought in near 10K, fukin roast me

Never buy the top of the hype. Not breaking hard and closing above 10k is very bearish. The top of the hype was always gonna be a few days before the halvening. Sell off 1-2 days before was expected because sell off the day of the halvening was expected, so it came earlier. Biggest event in bitcoin history perhaps and it can´t confidently break 10k. It´s not gonna get any better for bitcoin long term, smart money will be happy with their profit and exit slowly.

Lets see what bitcoin does next week when the stock market is red. Remember that there are loads of people that will have massive profit selling now, and they will if they don´t think the future is bright. Plenty of people that bought below $1k will be happy taking profit and walk away as millionaires if they decide to get out.

[PenorBrahNoHomo]

Never buy the top of the hype. Not breaking hard and closing above 10k is very bearish. The top of the hype was always gonna be a few days before the halvening. Sell off 1-2 days before was expected because sell off the day of the halvening was expected, so it came earlier. Biggest event in bitcoin history perhaps and it can´t confidently break 10k. It´s not gonna get any better for bitcoin long term, smart money will be happy with their profit and exit slowly.

Lets see what bitcoin does next week when the stock market is red. Remember that there are loads of people that will have massive profit selling now, and they will if they don´t think the future is bright. Plenty of people that bought below $1k will be happy taking profit and walk away as millionaires if they decide to get out.

Haven't people been saying this kind of thing since its inception though? Thankfully I didn't buy much and with the intention of holding it long term.

[PimpMasterC]

Haven't people been saying this kind of thing since its inception though? Thankfully I didn't buy much and with the intention of holding it long term.

Every day, week, month that goes by, bitcoin loses steam. The top of the hype was clearly in 2017, and hype levels have been in a downtrend ever since. I don´t see anything bringing that amount of hype back again any time soon. Which means the top of the price was at $20k. There is no compelling or usecase right now that will bring it back to those price/hype levels. It´s as simple as that. The halvening is bearish for the network long term, not good, even tho it´s hyped up to be a good thing by people who have skin in the game. Bitcoin was still pretty fresh in 2017, and it was the talk of the town, now it barely gets mentioned anymore. Dollar is a better currency, gold is a better store of value, and thats a fact. People have been saying that bitcoin is dead for a long time. Well, It´s a slow death, not a fast one. There are still people trying to keep the price up, but some day, the attempt in doing that will not be profitable, therfore it will eventually die when there is no one left to fool.

Having a immutable decentalized ledger is cool and all, and should have some value, but the average man don´t really benefit much from that. Blockchains solves a problem for just a few select people, and will not be mass adopted in it´s current state, especially not bitcoin. Best chance of mass adoption is probably BAT or something. Or a stable coin would obviously work best as a currency. Tether will soon claim the number 3 spot in marketcap.

In the end it comes down to that Bitcoin is a dying system, not a thriving system. It can pump short/mid term, but will fail in the end.




Pretty accurate from an economic viewpoint.

[iifymbro]

brah lighten up with the btc doomsday posts ^

we get it, you don't like btc and think your chitcoin will rule the world

[JuicedMayhem]

Sold near the top for once the other day and I’m loving this dump right now. Keep on dumping plz.

[2020Wellness]

Sold near the top for once the other day and I’m loving this dump right now. Keep on dumping plz.

I'm with ya. I sold around $9500 as well and remained patient enough to see this dump and not buy back in yet. I'm working with a new strategy now, which is to purely trade BTC and ETH and play the swings. This way I don't have to care where the price is at overall, just that swings take place. I've done some math and hitting enough 5-10% swings really adds up over time.

So ya, dump baby dump!

[Dota2Brah]

Every day, week, month that goes by, bitcoin loses steam. The top of the hype was clearly in 2017, and hype levels have been in a downtrend ever since. I don´t see anything bringing that amount of hype back again any time soon. Which means the top of the price was at $20k. There is no compelling or usecase right now that will bring it back to those price/hype levels. It´s as simple as that. The halvening is bearish for the network long term, not good, even tho it´s hyped up to be a good thing by people who have skin in the game. Bitcoin was still pretty fresh in 2017, and it was the talk of the town, now it barely gets mentioned anymore. Dollar is a better currency, gold is a better store of value, and thats a fact. People have been saying that bitcoin is dead for a long time. Well, It´s a slow death, not a fast one. There are still people trying to keep the price up, but some day, the attempt in doing that will not be profitable, therfore it will eventually die when there is no one left to fool.

Having a immutable decentalized ledger is cool and all, and should have some value, but the average man don´t really benefit much from that. Blockchains solves a problem for just a few select people, and will not be mass adopted in it´s current state, especially not bitcoin. Best chance of mass adoption is probably BAT or something. Or a stable coin would obviously work best as a currency. Tether will soon claim the number 3 spot in marketcap.

In the end it comes down to that Bitcoin is a dying system, not a thriving system. It can pump short/mid term, but will fail in the end.




Pretty accurate from an economic viewpoint.

the main problem with bitcoin is that people view it as an asset, not really as a currency. people only buy bitcoin to make money similar to buying stocks. no one will ever freely spend it as they do paper money. in addition, a decentralized system always means if you send to the wrong address, you lost your funds forever...which will kill adoption. it's impossible to solve this problem without a third party, but that would defeat the entire purpose of decentralization.

[Roldz]

Well damn, I didn't realize there was a crypto crew around here.

Sup sloots?

[jamalfudge]

Well damn, I didn't realize there was a crypto crew around here.

Sup sloots?

[2020Wellness]

please dump please dump please dump please dump

got a $15k buy order @$100 eth -.-

Dump baby dump baby 1 2 3, dump baby dump baby dump!

I'm with ya and watching it approach 8k as we speak.

[Lucky_ROA]

Dump baby dump baby 1 2 3, dump baby dump baby dump!

I'm with ya and watching it approach 8k as we speak.

I personally think those who exitted 9500 and above came out as winners. It's over boys. Will see yall in next years rally.

[2020Wellness]

I personally think those who exitted 9500 and above came out as winners. It's over boys. Will see yall in next years rally.

I exited around $9500, realizing I wasn't going to catch the absolute top. My goal is to play the more obvious swings and multiply 5-10% trades to large profit.

Do you know what and when BTC's next 'event' is?

[JuicedMayhem]

Exited at 9850 crew

[W1LLW]

Exited at 9850 crew

pic for reps?

[JuicedMayhem]

pic for reps?

I kept trying to embed and it’s not showing here. But this is the link to my pic

https://imgur.com/gallery/ER9Jr14

[BDSMBBW]

Guys our very own lowstrife gave an interview with cryptowatch blog -> https://blog.cryptowat.ch/an-exercis...-trade-config/

Check it out! I learned something new again, Thanks lowstrife

[lowstrife]

👀 .....

[JuicedMayhem]

3 year chart tells me mass dump soon even if we get a quick retest of 10k. No pro here just what I believe is gonna happen. I’m actually pretty good either way but rather we dump to buy back in.