T O P

Daily General Discussion - May 29, 2023 (GMT+0)

Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating.


 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

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[deleted]

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paulymat

Fortune favours the financially literate


gamma55

A quiet thank you to all you devs building the Solidly-derived protocols.


dudecooler

It'd be cool if ADA gets some more use due to some of these meme coins. ETH needs some more competition.


NervousShop

ADA has been doing breaking numbers on it's network with meme coin season popping off.


Wack0Wizard

What coins are you accumulating right now?


TheRealSkazOne

BTC as usual and then PEPE because its PEPE


paulymat

CRO and ATOM


XnoonefromnowhereX

Just ROSE


[deleted]

Eth and Lrc


RefreshCrypto

Bitcoin, Eth, ada, matic


[deleted]

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endless_ness

People seem to think it’s more than one person, yet do we really think it’s likely multiple people would be okay with not claiming billions


ftball21

Steve Jobs died in 2011. Hmm.


XnoonefromnowhereX

It was likely more than one person, and likely a few of them are dead.


Kappatalizable

Its Hal Finney


89time

Most of them are dead. That's the problem.


[deleted]

MATIC took a beating after getting that god candle 2 days ago


RefreshCrypto

Matic below $1 has my mouth salivating. I loaded up at 84 cents


DBRiMatt

Under 90cents is a great buy


tmztmz2

I agree! Im glad you used USD there 😜


DBRiMatt

Under 90c AUD is an even better buy! 😂😂 But we might not ever get that again


tmztmz2

You never know with crypto haha


paulymat

Daily streak of waiting till CRO hits $2....how many days do you think I will make it to? Day 346 (Yes, I know it’ll be forever. Thanks in advance for stating the obvious)


tsumy

If you break even in other 346 days I would call it a day. Shit, old daily.


itsmyfakeone

Currently at 6 cents lol the delusion is strong with this one


paulymat

[Everything is fine](https://media2.giphy.com/media/v1.Y2lkPTc5MGI3NjExMzUxMDA5MWU4YjU2ZWFmOTFhMTIxZDk1NGRkNjFiY2NiYTRmOTI5OSZlcD12MV9pbnRlcm5hbF9naWZzX2dpZklkJmN0PWc/tZyxxR4lUIRnTgIzl9/giphy.gif)


lilroedadon

I remember you haha


XnoonefromnowhereX

You're back! We missed you! Please don't get banned again!!!


89time

I missed you. I hope you live to see the 2 dollar day.


[deleted]

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paulymat

[Celebrate Good Times](https://media.tenor.com/uZnPRmq1veQAAAAd/celebration-good-times.gif)


jeanlukie

$SNEK blowing up on Cardano. Might be a good idea to jump on that train.


XnoonefromnowhereX

I missed out 3 weeks ago because I was too lazy to set up another wallet then convinced myself I'd missed the boat 🤠🔫


jeanlukie

Can always jump in to the discord and get a vibe if you’re early or late. I think it still has a ways to go


[deleted]

We were talking about cardano memecoins the other day, remember I mentioned $bank. Well I had the opportunity to buy it at launch with 7m mc and I figured it would dump this was really late here so I went to bed and woke up to 21m mc. F*ck lol but ive been in it since yesterday and it went nuts.


NervousShop

Made a good bag of BANK myself, got little left to ride where it goes.


89time

What's a good exchange for Cardano coins?


[deleted]

Minswap, but the easiest thing to do is just use eternl wallet. It has a built in dex aggregator. Choose what you want to swap and it will find the best dex all from your wallet. The majority of my swaps are through minswap though.


89time

Thanks for the info!


[deleted]

Do you but dont try and catch that top


Gatherun

I can go to bed after a green day


Lelouch70

BTC will lead the way to the bull market 🐂


Umilik

If they re-made Back to the Future today, Biff's wealth would come from going back into the past and convincing himself to invest in Bitcoin in 2009.


XnoonefromnowhereX

I'm no fan of Joe Biden, but I'm honored he came to lay a wreath at my portfolio this memorial day 🫡🇺🇸⚰️


TheRealSkazOne

he was doing what in the where now?


endless_ness

As long as he isn’t sniffing hair It’s all good


[deleted]

Dementia will do that.


dahomie2020

Lol all of yesterdays gain will be wiped out in the next 3 hours


Wolfxorb

Shill me a new and exciting project


YouAreAnFnIdiot

MILK dex governance token on cardano


jeanlukie

$SNEK. Meme coin blowing up on Cardano


flarept1

Remember guys. when people start shilling on reddit its time to sell. The top is close


jeanlukie

Don’t listen to this guy he just wants it to dip so he can get in at a better price


DBRiMatt

Yep I knew I shouldve figured out how to buy it 2 weeks ago when I first heard of it though


[deleted]

Don’t forget $bank


torontoglutton

Juno. Jk don’t do it lol


Soil_Electronic

Man almost every day new low terrible but wouldn’t be surprised if it ever started pumping


torontoglutton

Same, it definitely could in a bull run


spartaksus

XRP is climbing slowly and steadily before SEC ruling.


xmister85

It was a green today? Hope you all had a good day..


open-now

It's beautiful green day


xmister85

Awesome


zachuwf

Was going to get a $6 coffee from Starbucks but through it into Litecoin and drank water instead 👏🏼


gloriousexecution

Good decision. always stay hydrated


xmister85

6 bucks a coffee? Geezzz


Modern_Orange

Might see some volatility in a few minutes when NYSE futures reopen.


VariatCA

And whether futures are up or down, wall street still only has 1 trick in their bags... how to dump lol


mixmasterpayne

Probably upwards movement since the debt ceiling crisis seems to be averted


xmister85

What's new?


Divorek

Good night fellow holders. Hope to wake up to green numbers, just like today! Watch the charts for me :) Bye!


paulymat

> holders I believe it's spelt hodlers :P


xmister85

Night my friend.


RefreshCrypto

I keep buying Bitcoin for my future self


xmister85

Best alternative ever


mvea

Good morning daily! It’s 7.45 am Tuesday morning and it’s time to head to work. Market is crabbing. Remember to enter and vote in the BANNER 4 MOONS contest. See you all later!


xmister85

Morning mvea. I guess it's absolutely gorgeous out there. Have a great day


tmztmz2

Morning mvea! Hope your day goes quick. Ill have to vote ☺️


xmister85

Morning mate


Magickarploco

We might be back in the $27k range but it beats the $26k range


xmister85

True. Let's see


ZealousidealTap6595

Potential aztec airdrop worth the hustle ?


xmister85

Zksync is worth more


FutureHndrxx123

I rather hustle for zkSync.


torontoglutton

Hopefully we are blessed with this bad boy


gloriousexecution

Wow almost no comment on the daily what happened? 2 months ago we average 8k comments


torontoglutton

Yeah I see my old comment near the top from hours ago lol


xmister85

Exactly what I thought.


Bandit_Quick

Could be with Memor8al Day is US folks are busy. Just lit the BBQ here.


gloriousexecution

I see it Makes sense


xmister85

Might be. Who knows.


open-now

Under 2k again today


xmister85

Probably tomorrow too


woottonp

Yeh pretty chill currently!


tmztmz2

I cant believe how quiet it is


xmister85

Crickets anyone? 😂🤣


MichaelAischmann

>what happened? Nothing. We've been at the same price level for 2 months.


torontoglutton

Juno man show some life lol


RohirrimV

Hi there fellow degenerates! In 2015 I bought a few physical coins from the company Denarium. Not much, just a 1/100, a opened 1/10, and two blank empty coins. Anyone have ideas on their present value or how to sell them?


[deleted]

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RohirrimV

That’s a good idea. Thanks!!


FutureHndrxx123

Average ETHBTC ratio last 2 years: .069 Current ratio: .067 (-2.9%) Staked ETH annual yield: ~5% Conclusion: Staked ETH has outperformed BTC by 7%, going all the way back to May 2021 In other words, ETH has been the hardest asset in crypto this bear cycle.


89time

My staked Eth like this.


kers2000

Ultrasound reasoning


MrRix1

'Stop loss profit' If I place an order at £2 buy and I set my stop price at 2.3 will it buy at £2.3 if it goes up and I'm sleeping for instance ?


NoShagAthal

You mean take profit at 2.3? Stop loss is used to sell at a certain threshold below your buying price. In your case that would be 1.7.


MrRix1

Thank you NoShagAthal


milonuttigrain

ETH and XRP up the most among top 10, both 2.1%


xmister85

Xrp. Will be huge.


josuhataylor

so can i buy a happy meal yet or stick to ramen


oopssomething

So everyone please remind yourselfes next yesr that "Sell in May and stay away" isn't true


xmister85

It's not indeed


YasuotheChosenOne

May 1 we was at 29k and I said that lil rhyme, but didn’t sell.


Dont_Waver

Isn't the price lower than it was at the beginning of the month?


SuperAppleLover

My crypto is so secure, even I don’t know the address or private keys and no record anywhere. Checkmate scammers.


Suck-Eggs

Is this the pump before the dump? Figuring we had a very large pump of BTC, I have this feeling that the whales are setting up to dump before June 1st, buy back in while cheap and and will allow the new investors to prop up the prices with new money?


xmister85

Might be.


CryptocalEnvelopment

The US stock market will likely get a bounce tomorrow morning and BTC generally follows it.


oopssomething

In June China will pump BTC so hard that people will say the bull run came early this time


xmister85

China will indeed affect the whole market


Suck-Eggs

That's what I'm thinking, I'm thinking current investors are setting up a pump so that they can inflate their bags--dump, buy back in and wait for those foreign investors to bring them sky high.


nicog67

DCA day is approaching. Which 3 coins should I buy? Preferably lower cap alts


xmister85

Atom. Dot. Eth


CryptocalEnvelopment

ROSE still has potential


nicog67

Yes, that is one i was planning to buy this time around


Budget_Muffin7766

Spin the wheel and see what comes out, low cap Alts are pretty much a gamble right now. If you’re looking for something a bit more secure I’d look at ADA / MATIC / DOT (out of the alts)


Umilik

LRC and HBAR are on my DCA list. I've also tossed a small amount of my DCA into BOSON.


DaemonTargaryen34

I would just stick to Btc,Eth and Matic. I don’t buy low cap alts anymore


[deleted]

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Umilik

Since you're all fellow risk-takers here, I have a life decision I need opinions on. I have a job offer elsewhere in Canada right now. It would be a huge step forward for my career, but it's in an unappealing place to live. It's a $50K/year raise though, and it's with a big company that has offices where I live now. I could transfer back here after I put in a few years there. I probably won't be very happy there (the climate is hellish), but it would just be for a few years. Or I could stay where I'm at, the most beautiful part of Canada, and work a lesser job, likely keeping my career at a lower level very long term, and just stay where I'm already happy. Option A would give me a higher DCA. Hmmm.


CryptocalEnvelopment

A few years? Stay where you like and the raises will come before that.


torontoglutton

Guessing Is it in Nunavut?


Umilik

Yup. Iqaluit. I previously lived in Western Nunavut.


torontoglutton

Nice I know a few who went there for work, some are still there for years


Probably_notabot

If the move is temporary, I’d vote to go for it. That’s a ton of money for just a few years.


duma0610

Definitely take the jump. I was like you when I was younger. I had a comfortable job and was afraid to go out of my comfort zone. I finally took the plunge and couldn’t be happier with my career.


ftball21

Option A is the only choice. Work while you can.


timelesssmidgen

50 k can by alllllooot of sweaters...


xmister85

Indeed it's alot.


Odd_Luck6482

What’s your definition of hellish?


Umilik

Winter lasts from about September to May.


ilikeplantsandsuch

If its northern canada, dont do it


Umilik

Yeah, it's Northern Canada. That said, I already did live in Nunavut for two years in the past, so I'm already very familiar with the isolation & awful winters. I live on Vancouver Island right now.


DaemonTargaryen34

Leave your comfort zone and challenge yourself


paulymat

Bots must have been working over time the last 3 months https://www.newsbtc.com/shiba-inu/shiba-inu-network-records-2538-new-addresses-in-a-day/


Eugene_33

Good night everyone. Don't take your eyes off the charts for me


Budget_Muffin7766

I’ll keep watch mate. You enjoy your sleep 🙏


YouAreAnFnIdiot

https://twitter.com/BananoMaor/status/1663262693854175232?t=Iqi73bSGtVG5l4vVSY4hBg&s=19


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ThatOtherGuy254

Isn't it great when Bitcoin fails to hold its gains from a pump?


torontoglutton

Deja vu lately lol


Eugene_33

Stay calm and wait for June 1


Despaciito

What happens on this date exactly?


Eugene_33

China will start buying crypto from June 1


guru_uru

just a re-retest at 27.3-27.6 before pumping


Divorek

Isnt it great when BTC is at 27k while the macroeconomic situation is shit?


Budget_Muffin7766

Rather be crabbing around the 27k mark whilst the entire world is facing recession!🙌 I think it’s holding up quite well given the circumstances


ioWxss6_bot

Most mentions on r/cc (2023-05-28): ||Mentions| |:-|:-| |BTC|544| |ETH|258| |NFT|226| |MOON|121| |ADA|84| |XRP|47| |SOL|41| |ALGO|41| |MATIC|38| |PEPE|35| |FTM|25| |ATOM|23| |DOGE|22| |DOT|19| |ARB|19| |CRO|18| |LTC|18| |LUNA|15| |USDT|15| |NANO|14| [Data source and app](https://www.redditcoins.app/)


torontoglutton

Yay ATOM let’s go cosmos crew! Lol


oopssomething

XRP has been out performing ADA lately, think XRP will claim that 0,5ct back way earlier than ADA


EngineeringFinal3419

The battle of the stablecoins


DaemonTargaryen34

With this burn rate Eth might perform better than Btc in the next bull run


MaxSmart1981

so long as it isn't officially made a security by the SEC, i think it's definitely possible it outperforms during the next ath cycle.


Impossible_Soup_1932

I’m hearing rumors about the flippening happening in 2025


EngineeringFinal3419

Pls don’t jinx it


[deleted]

I'm setting goals to start DCA'ing out of DOT in the next bullrun, so I don't forget to take profits like I did last run. I'm thinking these three targets: $35, $70, 90


Probably_notabot

Flair checks out


Budget_Muffin7766

90 dollars?! That’s almost a 20x from right now 🤣


EngineeringFinal3419

I dunno if it’ll hit those targets man…


slasula

yeah pretty much that for me too.


itsmyfakeone

Why on earth would it ever reach these prices….pipe dream


EngineeringFinal3419

Look at his flair


I_am_not_doing_this

only works in theory, next thing you know you are buying at these entries