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#104
10-22-2021, 12:19 PM
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Quote:
I saw my Intel position is getting hammered today. Fun times. | |||
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#105
10-22-2021, 12:24 PM
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idk I figured it would go down after it hit its high around now, I didnt think i would break 70
after it hits its high (which may not be right now, it could go higher!) it will go down to its next level (high 40s or low 50s?) where it will hang for like 3 months and then do this all over again maybe shooting for whatever round number or like, iconic number it couldnt get to before going down last time. [You must be logged in to view images. Log in or Register.] Doge still has to hit 1$ and it's been idle for a while, that one is going to pop off any day or month now I figure. They always try to hit these like, random goals, and everyone gets excited and joins in to try to pump it. (that's when one of the 11 shadow empire kings withdraw 100 mil and it goes down to start again for the next shadow empire king) Some shadow empire king withdrew 100 mil in ETH yesterday, so that was my sign that this run was over, since this is all a shadow empire satan conspiracy. | ||
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Last edited by Jibartik; 10-22-2021 at 12:26 PM..
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#106
10-22-2021, 12:29 PM
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Oh, according to twitter, Powell announced that he is still going to start tapering QE next month and that we should stop QE completely by June. And now some people are worried interest rates are going to go up in June as well.
I think he's just pissed that he can't insider trade anymore. | ||
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#108
10-23-2021, 12:42 PM
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Actually, withdrawing from an exchange is a bullish sign.
When $100M in ETH comes off an exchange, that is $100M ETH unavailable to be bought or sold... There are blockchain TA guys that follow this kind of thing. It's called the 'LTH Supply Shock Ratio.' A large amount of Bitcoin hasn't moved in over a year. The number of actual coins available is small and so you watch the short-term, are coins going ON or OFF exchanges. When you see LTHSSR high and coins are coming OFF exchanges, we're in for a supply shock which drives up price. BTC is so darn transparent, it's actually not so hard to know when to buy/sell. It's just average joe retail investor isn't aware.
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#109
10-23-2021, 12:45 PM
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Oh, and that LTHSSR is the highest it's ever been.
We're still on track for $100K BTC by EOY. Some think $135K. Oh, and another chart to watch is MVRV Z-score. See: https://www.lookintobitcoin.com/charts/mvrv-zscore/ Buy green, sell red. Easier than playing EQ, and that's easy.
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#110
10-29-2021, 01:01 PM
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I have a serious wonder.
Usually I am full out after a bull run of all these meme stocks I own but part of me wonders if, these meme stocks are just getting hit with the global PUMP that every company is about to get, while we start the hyperinflation rocket. Are evaluations of companies just going to double over the next 3-6 months? Is now the time to take the emergency savings and make sure it's in a market that is going to do well during inflation? Like wtf is tesla valuable at all lol we dont even drive anymore and robot cars are another 10 years away based on their own science? If I can think of any reason it's because people think they have some sort of plan for the great turning? Or is just the value of invested dollars doubling in front of our eyes right now? | ||
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