bit¢oin$

its all according to plan

#Bitcoin bottom's around the corner.

When 100MA crossed up the 20MA, bottom was extremely close. It happened 2 times in #BTC history.
> It's just happened again.

+ RSI below 30 level.
+ Price's in the Reload Zone(61.8%-78.6%), zone of interest for professional.

Consider RT🤝 pic.twitter.com/3C3dxxUFIk

— Washigorira (@Washigorira) June 18, 2022

There are currently 2 perspectives on #bitcoin:
1. (left) BTC is a bubble, a ponzi that will go to zero
2. (right) BTC is rising exponentially with great volatility
Note that the 2 charts use the exact same data. Perspective matters. #logscale pic.twitter.com/Ej78MZjZ58

— PlanB (@100trillionUSD) June 18, 2022

$BTC Update

17k coincides with the fib 0.786 level and a long position can be taken there with 28k target.
Incase it fails, 12k is the next support to look at.
That would be the last dip according to me and I’ll be in #btc  and alts completely. pic.twitter.com/zy3qFpjpF5

— Phoenix ICF (@phoenixicf) June 18, 2022

#logscale

Strong support for #bitcoin between 17.1-19k.

If we don’t get a $BTC bounce from this range, my next target is 12-14k. pic.twitter.com/NDmlOishQQ

— Miles Deutscher (@milesdeutscher) June 18, 2022

The buying opportunity won't get much bigger than this...#Bitcoin $BTC pic.twitter.com/xPGM1Uwu7F

— Crypto Rover (@rovercrc) June 18, 2022

the only log scale these bozos need is the one to measure the weights of these gigantic crypto turds theyre dropping on the world heyoooooo

#BTC is down -15% below the 200-MA right now

Historically, $BTC tends to wick -14% to -28% below the 200-MA#Crypto #Bitcoin pic.twitter.com/SlUjBdduLc

— Rekt Capital (@rektcapital) June 18, 2022

check out the log on this one

#Bitcoin is dying pic.twitter.com/G5ZbnIgA5r

— Bitcoin Magazine (@BitcoinMagazine) June 18, 2022

oh, i see how it is around here.

no one wants to discuss the fib 0.786 level. everyone just wants to pretend the fib 0.786 level doesn't exist

(late at night, pulled out of bed and to the window. something is out there. it's the fib 0.786 level)

been listening to this guy a lot, thinking a lot about what he is saying and i think he is right

$BTC easiest 5x you’ll ever get.$ETH easiest 10x you’ll ever get.$SOL easiest 20x you’ll ever get.

Timeframe: 2024-2025 the latest.

— Simon Dedic (@scoinaldo) June 17, 2022

How’s slurp juice doing

gooooooood

say what you will about crypto, but a traditional financial institution could never hold a vote over whether to seize someone else's money and one person gets to vote a million times, that kind of decentralized innovation is simply not possible without blockchain https://t.co/CEAepVSVtH

— Sam Biddle (@samfbiddle) June 19, 2022

we can't be held hostage by an abusive whale

for all the drawbacks of crypto, it has gifted us with some felicitous turns of phrase

paper hand miners

From Hodler to Foldler.https://t.co/zqPQ2aVr09

— Tracy Alloway (@tracyalloway) June 21, 2022

paper hand miners

Lots of these vibes going on right now in cryptoland pic.twitter.com/14bOR8iLrO

— Nate Anderson (@ClarityToast) June 22, 2022

well if that guy has seen "multipe bank statements and letters from lawyers", then everything must be fine!

They should have had him hold up a newspaper with today's date on it.

fwiw that video is from the infamous mt gox exchange which at one point was handling the majority of the worlds bitcoin buying and selling before revealing in 2014 that the bitcoins were all gone

best part is when he says the banks just cant keep up

banks just don't know how to process transactions, it's true.

delivered in the comforting tones/style of a hostage video

Yeah, I kept imagining being one of the other people at that guys job (or...is that his workplace? Is he just in a computer lab?) and thinking about how I would definitely quit, that same day, rather than be in any job where that guy is part of it and he gets to record videos like that

It is actually better to be dead

the funniest outcome here is tether flaming out and the hegde funds being unable to cash in their shorts cause the whole crypto system crashed

It’s popcorn time already? More Hedge Funds Are Betting Against Tether as Crypto Melts Down https://t.co/6RB8MMBC8l

— Bitfinex’ed 🔥 Κασσάνδρα 🏺 (@Bitfinexed) June 27, 2022

Crypto hedge fund Three Arrows Capital has entered liquidationhttps://t.co/zWjwklCmAx

— *Walter Bloomberg (@DeItaone) June 29, 2022

It turns out that Coinbase, the largest crypto exchange in the US, is directly selling tools to U.S law enforcement & immigration agencies to help track peoples’ crypto transactions.https://t.co/rkyRvNdp9c

— Avi Asher-Schapiro (@AASchapiro) June 29, 2022

its da freedom money

well ain't that a leopard eating my face

https://www.newyorker.com/news/our-columnists/the-great-crypto-grift-may-be-unwinding

We seem to now be in the midst of a long, slow, air leaking out kind of decline. It’s below $19k again and falling very steadily.

yeah they already did the superbowl commercials at some point youre going to use up all the suckers

what happens if you pump but theres nowhere to dump

maybe matt damon was the pets.com sock puppet dog of crypto

lol fun to watch the price shoot up $1500 in 2 minutes and slowly bleed it all back over the next 3 hours

a story as old as time

Crypto-themed restaurant stops accepting crypto

June 24, 2022https://t.co/DUcv4K7KzI pic.twitter.com/33E971K33v

— web3 is going just great (@web3isgreat) June 24, 2022

tether is printing unbacked tethers and dumping them on the chinese market with the help of a chinese crytpo tycoon / bit torrent owner / grandian diplomat justin sun, apparently

🧵🚨🚨🚨🚨🚨
Does anyone think it's a coincidence that #AEX, first exchange to close withdrawal, tweeted about a $1B bank run THE SAME DAY that #Tether burned EXACTLY $1B?

WTF is a mid sized exchange doing keeping $1B around?
Unless it's... not real...https://t.co/nGqKg8gMR1 pic.twitter.com/3wjGncw5po

— ⚯ Michel de Cryptadamus ⚯ (@Cryptadamist) July 7, 2022

here is the document https://cryptadamus.substack.com/p/the-tetherers-apprentice

what caused today's tumble i was busy not reading twitter for once

yeah I just saw BTC fell like $900 in a few minutes, just like 15 minutes ago.

surprisingly bad inflation report was released at 8:30am ET, the exact moment of the initial drop.

i was told bitcoin was a hedge against inflation

Coinbase $COIN: A name you can trust. pic.twitter.com/ocs850S57y

— PlainSite (@PlainSite) July 21, 2022

well, fuck

Blockchain-powered carbon offset company Land Life starts 35,000-acre forest fire in Spain

July 20, 2022https://t.co/LRLNmv1QGs pic.twitter.com/EJ3GfmLia0

— web3 is going just great (@web3isgreat) July 20, 2022

be nice if this thread was easier to find 😡

anyway this is a high comedy of code-is-now-law:

12/ tl;dr a routine upgrade marked the zero hash as a valid root, which had the effect of allowing messages to be spoofed on Nomad. Attackers abused this to copy/paste transactions and quickly drained the bridge in a frenzied free-for-all

— samczsun (@samczsun) August 2, 2022

im sure ive said this itt before but the the whole blockchain smart contract thing is pretty funny in that it makes the popular misunderstanding of a contract real, that its a bulletproof literal document where you can trick someone with fine print and once its signed youre stuck without recourse, and now theyre finding out why contracts dont actually work that way lol