Quite possible
https://www.cnbc.com/2023/01/05/silvergate-capital-tanks-40percent-after-crypto-bank-discloses-massive-q4-withdrawals.html

Nothing at the moment, however i bought a Steady Stack Titan recently and super impressed with thier discord. A bit overwhelming at first, but there are channels for real estate, crypto, options, nfts and from what i have seen, some guys making decent profits from their calls. Floor price just under 3E at the moment, and i'm trying to sell some other NFTs and probably get another, as they are going to start promoting their brand and partner opportunities from next week. Plus talkign about having owners able to contribute to a managed fund as well as large scale mining opportunity.

SS definitely a good one. Saw a lot of alpha calls mention that one last three months… also had a friend mint 2 at .08 wild they’ve x25 original cost in less than six months.

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Is anyone minting and long-term holding NFTs at this point? Or is the smart money purely pump-and-dump? No judgment if you're making cash that way, just curious how the NFT market is functioning these days.

NFA, I’m doing both.

Another good call, SS running. Everything I have with Yuga ties is running too.

92% of all Bitcoin that will ever be mined...have already been mined.

The remaining 8% won't be fully mined until the year 2140...no matter how much computing power you throw at it.

SS up to 4E floor price now, got a 2nd at 3E the other day.

Inside discord they are talking about staking soon, as well as access to wholesale mining.

Is that good or bad?

Good if you are not a miner of bitcoin and a holder

I would say neither. It's somthing that's been known since Bitcoin was launched in 2009. Just pointing out where we are.

Has there been any investigative reports on whales/wallets that cashed out near market peak?

An older article (09/19) but still excellent:

https://unchained.com/blog/bitcoin-is-not-backed-by-nothing/

Parker Lewis coined the term "Gradually then Suddenly" and has written many articles about finance and Bitcoin. This is also an excellent read:

https://bitcoiner.ghost.io/bitcoin-is-not-a-hedge/

'gradually then suddenly' is a famous Hemingway quote IIRC

So it is..thanks! Well, he brought it to bitcoin adoption

That second article is really an amazing article...IMHO.

Nice pump on Bitcoin I was able to take advantage of. Unfortunately only put a small amount on the trade. One guy in a group I am in did the same trade and made $104 000 profit!

OKX_1673551589979 (resized).jpg

So how much did he put on the line to win that?

What leverage did u use ? What is that site ?
Robm

That’s OKX, says 30x.
https://www.okx.com/web3

Blocked for USA, idk what Canada allows.

I think 30k

Not blocked if you use a VPN....

Idk about OKX but some of these leverage brokers do require KYC. Lots of ppl here use Kucoin or Bybit. You could also use LedgerX (fully legal in US but I think they max you at x4).

Side note of legality.
If anyone followed how Apecoin did staking it was really fascinating. Those Bored Apes NFTs paid about 11k for the first month if you max staked them.

How do you guys see the current BTC pump? Is this the end if the bottom most likely?

No idea...and don't care. I don't make any short term plays, so short term price action doesn't mean anything to me.

I ask because I want to get more BTC for my money, not because I’m trying to average down….

So do I...but neither I nor anyone else has any idea what Bitcoin's price is going to do short term. Especially with these futures contracts in play...they have been causing a lot of additional short-term volatility. A big piece of this recent run-up was "shorters" getting liquidated.

I'm 60% confident this was a push off the bottom, that said, its possible for it to drop to 10-12k but unlikely in my opinion.

I think the most likely scenario is it has a pullback over the next 1-3 weeks, maybe to around 17.5k-18k, then continues upwards from there.

Posted on Reddit:

>In the past 24 hours , 83,382 traders were liquidated , the total liquidations comes in at $467.77 million

>The largest single liquidation order happened on Huobi - BTC-USDT value $6.84M

The most interesting part is that the past hour alone had over $200M in liquidations, which means a short squeeze occurred which pushed us over to 21k. Over 90% of shorts were liquidated which meant they had to cover their positions and buy back which pushed us over to 21k.

4billion in longs were taken out to cause the shorts to get liquidated.

Holy Molly. Wow... That is a lot of long positions there. The bulls keep on moving forward.

Would be nice if they just get rid of Leverage!!!! Long term BTC believer here now. What I have learned through this winter season is stop putting so much of your exposure into Alt coins.

The recovery process is painful... not as much as getting screwed out of your investments held in Voyager!!! Ugh...

I just want my BTC back.

What’s crazy to me is that our SEC has granted approve to future ETFs but denied every spot EFT. That’s like the DEA saying cannabis is illegal but crack is fine. Clown show over there.

Hope Binance comes and saves something you had at Voyager.

Don't be reckless with your money...have at least some exposure to Bitcoin.

https://uk.sports.yahoo.com/news/u-announce-international-cryptocurrency-action-150843330.html

Edit: nothing… just DOJ flexing they busted a Russian exchange you’ve never heard of. Liquidate some longs though.

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Helium is finally starting to creep up, as are the rewards, I may actually pay off what I invested in this Bobcat miner eventually.

Remember when I asked this? Pepperidge Farm remembers.

Shot:
Screenshot_20230119-200411_Chrome (resized).jpg

Chaser:
Screenshot_20230119-200508_Chrome (resized).jpg

Word is he was an incredibly enthused cheerleader.... And then let everyone else be the bag holder. Even people he was close to. LOL a total sociopath.

I met a friend of a friend at a bar last night. He used to buy weed with Bitcoin back when they were around $30. About 2 years ago he realized he had some in an old account and cashed out near the peak in November 2021 and retired. He wouldn't tell me how many, but he said "more than a couple." I was jealous.

Well if he retired he either already had a lot of money or he had a couple x 50+.

Anyone here really talented in endless runner games?

https://supraoracles.com/blastoff?ref=5f761-107709

The above link gets you 1500 free Supra tokens - prob takes 20 mins to do the 'missions'. A few people have mentioned these could be worth around $500 at airdrop time, and if things get cracking , quite a lot more. Prob worth it, as 0 risk.

Mining and staking update:

Helium low watt antenna mining... total earnings currently at $66.91. I spent $400 in ETH for the miner (luckily all profit) and probably $150 more for the antenna and cabling. So it's got a long ways to go before it ever pays for itself. It may never pay for itself, if that's the case, maybe I'll sell off the fancy antenna to a ham radio operator.

Atom/Cosmos staking... it's up to like 22.8% APR. I also bought more Atom near the bottom at $7-$8, it's now at $13. So this has been pretty profitable over the past year, I re-stake the rewards every couple days and keep growing my pile of Atom coins. If they ever go up anywhere near their previous high in the 40s I'm cashing out 50% and then continuing to stake.

I'm much less bullish on crypto these days and looking to take profits in the next bull run and continue to consolidate around BTC, ETH and ATOM.

How was the kyc?

Always good practice to disclose what you're getting as a referral bonus (if you're getting one).

only a licence/passport photo and selfie - got approved fairly quickly

Fair call - to be honest i don't even know. The referral thing is part of getting the 1500 free tokens. I'm just passing on as a couple of groups i'm in have been suggesting this may have potential, and they've made some pretty good calls in recent times.

I was bored so I followed your link...only got 500?

Just curious what this entails lol

Hmm, did you do all the things? Cause i got 1500?

Must admit, the website was a bit slow for me.

This is the newest launched game from Yuga Labs (BAYC). Every ape got a free sewer pass. You need a pass to play the game.

The highest score wins the key. Every other score may win a mint based on their score. Better the score better the prize. There’s four tiers of passes. 2,3, and 4 give you score boosts. Deadline for scores is Feb 8th.

The key will be worth a lot but also top scores (10%) too.

This is investing?

It’s a skill based game. If you want to invest in it as a player you have to have the skills to play.

The passes themselves are tradable. So far in three days they’ve sold $33million dollars worth of passes that were all given away for free. Cheapest pass on the market is $4k. Be interesting to see where the value lies after mint prizes released.