Is the crypto winter over?

Discussion in 'Crypto Assets' started by schizo, Jan 13, 2023.

  1. vanzandt

    vanzandt

    What can i say... "Some of my best friends are Jewish." ;)
     
    #1971     Mar 20, 2024
  2. vanzandt

    vanzandt

    But for real my question wasn't answered. Why all the hate for Jewish folks? Color me clueless. Which I am. (market stuff aside of course)
     
    #1972     Mar 20, 2024
  3. schizo

    schizo

    upload_2024-3-19_22-15-36.png
     
    #1973     Mar 20, 2024
    semperfrosty, NoahA and johnarb like this.
  4. johnarb

    johnarb

    [QUOTE="Overnight, post: 5943855, member: 494466"
    I have half a cock because of Jews, and the Jews are still waiting for their messiah to come, because according to them, Jesus ain't the messiah who is bringing the new covenant of God.

    Give me back my foreskin, you barbaric asshole Jew bastuds.[/QUOTE]

    :D

    Holy week is next week, redemption is near for Bitcoin!
     
    #1974     Mar 20, 2024
    semperfrosty likes this.
  5. NoahA

    NoahA

    Welcome back.... :D

    I saw a report that for the 19th, the outflows were huge. I was trying to make sense of how they are affecting price, but I honestly don't see a strong correlation. I color coded each day, and matched it on the BTC chart and MSTR chart. The MSTR chart is tricky because the hours are limited, and I'm not sure how the ETF flows even affect intraday price because they seem to buy the bitcoin at the end, and I'm not sure how they hedge. (Plus I also don't know what time the bitcoin daily chart uses as an open and close)

    But a simple look at Mar 12 for example, purple color, shows huge inflows, and yet the BTC candle is red. It looks like we topped out on Mar 13, the black circle, and those inflows were strong, but each subsequent day for the rest of the week had positive inflows, and yet price was dropping already. (green and yellow circles)

    Then the weekend hits, so no ETF or MSTR updates, but today, Mar 19, was clearly the biggest outflow day with the GBTC selling. Anyway... this analysis is all over the place, and combined with the fact that after Jan 11, there was inflows every single day and price still dropped for a week makes me even more confused. I'm happier to stick with price charts.

    BTC vs MSTR vs. Flows.png


    The original chart comes from here before I butchered it for my purposes...

    https://x.com/WhalePanda/status/1770296656153424117?s=20
     
    #1975     Mar 20, 2024
    johnarb and semperfrosty like this.
  6. NoahA

    NoahA

    Quick update on the SOL position. Well, there is no update, and I'm not too worried at all since this drop in Bitcoin and SOL is completely within the historical norms of pullbacks in a bull market, but one piece of news I learned from a podcast did disturb me. So we hit a high just over $200, but ATH is $260. But it was announced that market cap of SOL did break the ATH. This means that there are many more coins out there today than during the previous top. I don't know anything about the max supply vs. circulating supply vs. the release schedule, but I was a bit surprised to learn this. I will absolutely start scaling out when we get close to ATH, which hopefully will happen, and will still leave a small position on in case it hits $400-$1000, but as I watch more videos, I see more and more people talk about scaling out, and I think this makes sense for me.
     
    #1976     Mar 20, 2024
    johnarb likes this.
  7. I have often wondered exactly this.
     
    #1977     Mar 20, 2024
  8. Yeah it didnt answer the question.

    It displayed how some Jews might hate being Jews(I was raised catholic and cant stand anything to do with it anymore)but it doesnt explain why wherever they go they get the hate.

    I assume its because some were money lenders,drove a hard bargain and got a bad reputation perhaps?I really dont get it.
     
    #1978     Mar 20, 2024
    vanzandt likes this.
  9. nitrene

    nitrene

    I went to public schools in Queens, NYC & East Brunswick, NJ up until 8th grade & both were majority Jewish students especially in NJ which was like 85% Jews (Central Jersey was full of towns that were basically Jewish enclaves). I had some friends but the majority were a cloistered bunch especially the Hassidic Jews. They definitely didn't like outsiders hence the Gentile jokes in that area.

    Its easy to understand why most nations in a downturn don't like Jews. They are usually very successful in their adopted country but the locals begin to turn on them in bad times. Its similar to why Indians were hated in Africa when they became economically successful but the locals stayed poor. They were banned from Africa by various dictators like Idi Amin. The film Mississippi Masala is partly based on Idi Amin telling Indians to GTFO in the late 1970s.
     
    #1979     Mar 20, 2024
  10. This actually makes sense.

    Due to their cloistered nature and the practice of looking after their fellow Jews over everyone else(zero interest loans etc),their success as a group becomes conspicuous.Especially,as you mentioned,in an economic environment where the majority arent prospering.

    Then its just a case of Tall Poppy Syndrome which is a human weakness across all cultures.
     
    #1980     Mar 20, 2024
    nitrene and vanzandt like this.