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    Saturday, April 24, 2021

    Crypto Currency Markets Bought at $61.5k last saturday, then sunday comes.

    Crypto Currency Markets Bought at $61.5k last saturday, then sunday comes.


    Bought at $61.5k last saturday, then sunday comes.

    Posted: 24 Apr 2021 02:37 AM PDT

    Memecoins Getting Rekt

    Posted: 24 Apr 2021 06:29 PM PDT

    R3FI Team AMA, Come Hear About Our Bridge and Rebrand!

    Posted: 24 Apr 2021 01:37 PM PDT

    Why the Dogecoin bubble has already popped and you should get out now

    Posted: 24 Apr 2021 01:15 PM PDT

    Why the Dogecoin bubble has already popped and you should get out now

    Several days ago, I started looking into shorting Dogecoin, and trying to determine where in the bubble we are. I'm not a technical analysis guy, so if you want some of that, this video pretty much sums it up perfectly: https://www.youtube.com/watch?v=Y6jzmiUN4vk .

    For this post I'll break down some of the activities of the richest wallet, DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L, who currently owns 28.41% of all coins in circulation. This for starters is a HUGE red flag, and I'm very surprised people aren't going crazy over this. 5% could be acceptable, but when this guy owns over a quarter of the supply, he's pretty much singlehandedly keeping the price of the coin together.

    Analysing his purchases, he started buying in February of 2019, and since then has been accumulating coins (regularly buying millions of dollars worth, at time of purchase, each month). In this 2 year time period, the biggest gap between large purchases was just 65 days, at the end of 2019. Then, on February 4th, he buys $100 million @ $0.051 and dips entirely, meaning it has now been 79 days since his last purchase - 20% longer than his previous gap record in 2 years.

    Why is this significant? If people are confident in an investment, they won't YOLO it all in straight away. They'll slowly build up a portfolio, putting 'small' amounts of money in (in this case millions of dollars a pop) until they feel the investment is topping off or getting too risky, at which point they'll either sell, or potentially hold on a little longer, if they feel reasonably confident it will go up but it's still too risky to buy. Clearly, this guy deemed it too risky to buy sometime in February, and this is the guy who's quite literally holding the price of Dogecoin together, so after that it's a case of when he'll start unloading.

    Now, 12 days ago, this guy sells $7.3 million worth, and I can't see any reason why he'd do this. He purchases $100 million in February, so clearly this guy doesn't need the money, so we can rule out him withdrawing a small amount to hold him over until payday. I think it's very possible he could've been doing this to test the waters, seeing if there are any eyes on the wallet, seeing if the fact he's unloading any Dogecoin would have an impact on the price, which it didn't.

    Now setting this wallet aside, the fact that this coin is inflationary, Elon Musk's and others' absurd tweeting about the coin, the sudden hype around it and the fact that most people buying it are 12 year olds (judging by most of the talk on r/dogecoin) are big factors, but you can easily find other resources out there for information on those things.

    I wish I had the time to write a thorough DD on this, but I feel like this information at least should be out there to warn people. This coin was trading below a cent less than 3 months ago, and people don't seem to understand that you can't just 'hodl' forever, the bubble will pop eventually, whether a few days or weeks. Look up the textbook definition of a bubble and this shows every indicator that it is one.

    Just look at the dogecoin graph compared to the trend of a standard stock market bubble, with 0.474 being the 'new paradigm' and just above 0.4 being the 'return to normal':

    https://preview.redd.it/e9omhqgoi6v61.png?width=640&format=png&auto=webp&s=d48596523a6627cfd5bf798cf63544a2679e3547

    https://preview.redd.it/o9vtgskpi6v61.png?width=952&format=png&auto=webp&s=34f7990f4591a64648e9cc6e0e7ea32214d05197

    A lot of innocent people are about to lose billions on this pump-and-dump scam. And for haters of this post, I'll come back and say told you so when this is over and the SEC inquiry into Elon Musk's role in this gets launched.

    DISCLAIMER: I currently have a short-sell position of $26k. Also not financial advice, buy it if you want.

    Wallet so you can verify the above claims: https://blockchair.com/dogecoin/address/DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L

    submitted by /u/Almatrass
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    Few

    Posted: 24 Apr 2021 12:55 PM PDT

    With Increased Adoptions, Algorand Promises To Provide Carbon Neutral Blockchain Experience

    Posted: 24 Apr 2021 01:18 PM PDT

    Beware newbies, its not always bull season...

    Posted: 24 Apr 2021 12:50 AM PDT

    I’m building a future for my family !!!!

    Posted: 24 Apr 2021 02:32 AM PDT

    You’re welcome guys

    Posted: 24 Apr 2021 06:59 AM PDT

    It’s like crack to me

    Posted: 24 Apr 2021 04:16 AM PDT

    Baby steps.

    Posted: 24 Apr 2021 01:43 PM PDT

    Top coins according to trend and momentum indicators April 24th

    Posted: 24 Apr 2021 01:44 PM PDT

    How do these crypto creators make their money?

    Posted: 24 Apr 2021 08:01 PM PDT

    When we invest in a crypto and its price goes up, we make money (obviously). However i am confused as to how the people that create the token make money? Do they get paid through fees people pay to buy the token or do they get paid in other ways? Thanks for anyone who can help!

    submitted by /u/Braiith
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    Which sites have lowest fees for trading coins? Noob here

    Posted: 24 Apr 2021 06:20 PM PDT

    Noob here, looking for a resource comparing sites like coinbase, blockfi, robinhood, voyager, etc. Not looking for referral codes, please no spam. Is there a chart somewhere comparing the features of different sites?

    Started with Coinbase, but found out they have a 1.5% fee for each purchase, then I heard a rumor some sites have zero fees? What do you guys recommend? Or please link me to something that compares them all so I can research myself. Thanks in advance.

    submitted by /u/aasteveo
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    World’s First ADA and XLM ETPs to Launch on 21Shares AG

    Posted: 24 Apr 2021 11:28 AM PDT

    eToro’s GoodDollar Partners With BitMinutes for Better Token Reach

    Posted: 23 Apr 2021 10:43 PM PDT

    People Chose Bitcoin Because of Inflation, Taxes Don’t Matter – Jimmy Song

    Posted: 24 Apr 2021 09:21 PM PDT

    If you had $100,000 to drop into this dip, which cryptos would you put it in? And why?

    Posted: 24 Apr 2021 12:10 AM PDT

    Everyone is talking about the dip these days—and how cryptos are on sale, right? if you had $100,000 to drop into the crypto market right now, which ones would you put the money into? In what percentage splits? And why?

    Curious to see everyone's best bets and their thinking behind it. Cheers, and good luck to all!

    submitted by /u/ryankopperud
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    Turkish crypto exchange founder flees with $2 billion of investors' assets

    Posted: 24 Apr 2021 10:31 AM PDT

    Hachiko 7k+ holders 660k MarketCap and ownership renounced. /r/HachikoBSC

    Posted: 24 Apr 2021 01:18 PM PDT

    Journey into crypto

    Posted: 24 Apr 2021 12:03 PM PDT

    Since I've gotten in crypto I've made a lot of money. Started with the common coins. First bitcoin, bnb, vechain etc.

    After a while I discovered pundi x and made 2k in a day. Since the token reduction I swapped over to Lifeline token. In about one day I made 14 bnb. I took it out and bought the last dip again.

    I'm hoping to make at least 50 bnb. I've you want to join this journey I'll advice you to join now. They have a low Marketcap and the team is very professional.

    This is the kind of project that has a solid foundation for futere investments. They are going to be listed on BitMart soon. Also there are other announcements yet to come.

    A little bit about this charity project:

    Cancer is a tragedy under any circumstances, but when it happens to our children the pain becomes unimaginable. The second that diagnosis is made, parents and doctors begin a desperate race against the clock with no way of knowing what the outcome will be.

    That's where LifeLine comes in. In a perfect world, you wouldn't have to focus on anything other than your child, but we at LLT know it's not that simple. According to a 2019 study, 2 out of 3 families experience significant financial hardship in order to provide appropriate care, which can include the cost of traveling to better-funded medical facilities.

    Our mission is to use cryptocurrency as a powerful new way to acquire and distribute donations where they are needed most. We can envision a world where every child is able to receive cutting edge, life-saving treatments without the current economic repercussions. Now is the time to start making that dream a reality.

    Make your own decision. Love to see you there!

    submitted by /u/drs-tits
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    Bitcoin’s market dominance sinks from 61 percent to 50 percent This dates back to February 28 (61% dominance) to April 23 (50% dominance) Ethereum’s market capitalization increased from 11.8% to 14.5%

    Posted: 24 Apr 2021 07:37 AM PDT

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