[Daily Discussion] – Monday, June 20, 2022

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[Daily Discussion] - Monday, June 20, 2022

27 thoughts on “[Daily Discussion] – Monday, June 20, 2022”

  1. I know there is a separate thread for altcoin discussions but ya’ll sound you trade DisappointedCoin a lot, what’s the best exchange to buy that one? Sure sounds like it’s way overbought tho lol.

    Sorry I couldn’t resist. I lost a lot of paper profits this year too.

  2. I’ve decided to put in a few stink bids as I wait to see how things play out over the course of the next few months. I figure that the odds of some flash crash / mass margin call event are very high and it behooves me to put in some ludicrously low buy orders with my dry powder.

    That being said, I’m still buying the dip in reasonably small increments and I have a soft deadline for when to cancel the stink bids and simply buy in using limit orders.

  3. Someone, please. I need the daily hopium post, put a feel-good chart in there if you can somehow.

  4. Just read on twitter, that saylor bought the dip. Edit https://twitter.com/maxkeiser/status/1538601078559604738

  5. I’m a macro guy, and just for the hell of it, this is my take.

    The global markets are finally coming to terms with inflation and other factors. There was a lot of denial for a while, but the real future is being priced into markets now.

    Will still be a few weeks before a true bottom is found, but it’s close. Once the other markets find a bottom, crypto will come back first. It just takes so little money to move the crypto market. I can see things going up 30% in 30 days easily.

    When crypto starts recovering in an otherwise bearish situation for other markets, it will attract money.

    That’s what will save crypto, the fact that it will outpace all other markets on the recovery.

    A lot of these tech stocks that got killed in the market recently aren’t going to recover. They will be around, but the landscape has changed.

    Crypto will attract the money within a month or two. Then it’s going to take off due to being in an environment that is tailor made for crypto. An environment of out of control inflation and failing fiat is literally what BTC was made for.

    The overall market crash worldwide will be one of the best things for crypto.

  6. So it remains true for now that Bitcoin hasn’t closed below previous ATH on the weekly chart.

  7. I like that the bottom made over the weekend jibed with my earlier observation:

    https://www.reddit.com/r/BitcoinMarkets/comments/ve43c9/daily_discussion_friday_june_17_2022/icp0scr/?context=3

  8. Changing my goals to accumulating a certain number of Bitcoins rather than thinking in $’s.

    Watching the $ value disappear is depressing.

  9. We start getting some juice tomorrow with this Proshares short etf that is going to start trading.

    Longest day of the year (northern hemisphere..okay) might literally be a good time to be ‘long’. Lol.

  10. I think that a few little oligarch own most bitcoin,so they can control the price.

  11. Zion, hear me! It is true, what many of you have heard. The machines have gathered an army and as I speak, that army is drawing nearer to our home. Believe me when I say we have a difficult time ahead of us. But if we are to be prepared for it, we must first shed our fear of it. I stand here, before you now, truthfully unafraid. Why? Because I believe something you do not? No, I stand here without fear because I remember. I remember that I am here not because of the path that lies before me but because of the path that lies behind me. I remember that for 13 years we have fought these machines. I remember that for 13 years they have sent their armies to destroy us, and after a century of war I remember that which matters most… We are still here! Today, let us send a message to that army. Tonight, let us shake this cave. Tonight, let us tremble these halls of earth, steel, and stone, let us be heard from red core to black sky. Tonight, let us make them remember, this is Zion, and we are not afraid!

  12. Honestly the bear euphoria seen after the crack under 20K was something I have not seen even in the bull analogue at blowoff tops. Amazing how every cycle top and bottom have something enough different to make people (bull / bear) euphoric despite knowing how such points have turned out in the past.

  13. Welcome to Whose Line Is It Anyway. Where price targets are made up and the weekends don’t matter.

  14. Remember the “Call the bottom, win 0.00125 BTC.” 4 moths ago ? rusty5m was closest 17.1k and looks like he’s account it’s not active anymore. Hope he did not liquidated long ago. I was way off at 15288.79$ Most people were between 25k and 32k. Only 7 predictions under 18K with the lowest being 13k. I thought it would be interesting having a look back when price was around 39k

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