1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Supa

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well then i don't know what was going on. I'm just a random investor trying to make some gains.

I'm just saying there doesn't need to be a reason every time BTC retraces. Markets don't only go up. Most of these stories surrounding dumps are bullshyt. It's usually whale manipulation, short squeezes, etc not anything the US government or China is doing.
 

ORDER_66

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I'm just saying there doesn't need to be a reason every time BTC retraces. Markets don't only go up. Most of these stories surrounding dumps are bullshyt. It's usually whale manipulation, short squeezes, etc not anything the US government or China is doing.

So is it a market correction/ investors taking gains??? :patrice:
 

Virtuous_Brotha

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I'm just saying there doesn't need to be a reason every time BTC retraces. Markets don't only go up. Most of these stories surrounding dumps are bullshyt. It's usually whale manipulation, short squeezes, etc not anything the US government or China is doing.
Usually isn't always, this was a particularly bearish meeting:mjcry:

 

mannyrs13

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Big investors taking gains = correction

I don't think people realize how much money some these whales are playing with.



You think he's worried about a fed meeting, Chinese New Year, or any type of noise?


:russ:


That guys no ordinary whale. He runs terra/luna. They been buying up bitcoin lately to back up their stable coin UST.

Number two ranked chain behind ethereum.

DefiLlama

121B to 30B Total Value Locked.

Yet Eth has 455 protocols and Luna has 26 which is what like 15x more, or 17.5 to be exact. Take that 17.5 and multiply by the 30B TVL and it comes out to 525B if I was calculating difference in protocols. So yeah he's a major player in this game and the Luna chain gonna keep getting bigger especially with these btc purchases.
 

Supa

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:russ:


That guys no ordinary whale. He runs terra/luna. They been buying up bitcoin lately to back up their stable coin UST.

Number two ranked chain behind ethereum.

DefiLlama

121B to 30B Total Value Locked.

Yet Eth has 455 protocols and Luna has 26 which is what like 15x more, or 17.5 to be exact. Take that 17.5 and multiply by the 30B TVL and it comes out to 525B if I was calculating difference in protocols. So yeah he's a major player in this game and the Luna chain gonna keep getting bigger especially with these btc purchases.

I know who he is just saying we're a bunch of broke boys in the grand scheme of things:mjcry:

What we worry about isn't their problems.
 

mannyrs13

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yaMgcN19



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:francis:
 
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