1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
Koichos
All Star
$114,800 to $110,500 in under 10 minutes, liquidating over $300mm in high-leveraged longs. I was watching in real time.. 
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How do we know this?Somejust sold 12,000 BTC this afternoon to buy ETH, leading to $300mm in longs being liquidated on that drop. I was watching in real time..
Koichos
All Star
BTC address: 19D5J8c59P2bAkWKvxSYw8scD3KUNWoZ1C. The supposed transfer to ETH is all over X but I’m unable to find the associated address. Post has been edited.
I see that address everywhere and everyone on X says the same thing. I just want to see proof it all went to eth. You’d think it would show on the charts.
Koichos
All Star
If I were a bitcoin whale wanting ETH at cheaper prices I’d dump BTC on the market all at once and have a grid of limit buys 2-4% below ETH’s current price waiting to hit. Those massive wicks to the downside indicate buy pressure - billions in BTC and ETH were picked up on that drop, from whales to retail. Easier to disguise oneself that way.
All I know is ETH was $45 from $5,000
and Binance and Wintermute are notorious for flushing high-leveraged positions out of the market, wouldn’t even be surprised...WintermuteIf I were a bitcoin whale wanting ETH at cheaper prices I’d dump BTC on the market all at once and have a grid of limit buys 2-4% below ETH’s current price waiting to hit. Those massive wicks to the downside indicate buy pressure - billions in BTC and ETH were picked up on that drop, from whales to retail. Easier to disguise oneself that way.
All I know is ETH was $45 from $5,000
Koichos
All Star
He’s right in that retail doesn’t understand the role market cap plays in an asset’s price. Bookmark the following tool: MarketCapOf. XRP would have to more than 12x just to be on par with BTC, bringing it to $37. A $1,000 XRP?—$60T, nearly 30x BTC.. not happening. Hell, I’d put money on XRP not seeing $5 this cycle, never mind $10 or $15.
And let’s be realistic here, ‘tech’ and ‘utility’ is cypherpunk babble pushed by maxis. No one cares. It’s all about mindshare; this is why Fartcoin and kin do what they do.
In The Zone '98
Superstar
Nostro and Vostro Accounts: Meaning, Difference & Examples Explained
Understand what Nostro and Vostro accounts are, how they work in global banking, key differences between them, and real-world examples in international trade.
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Swift sends the messages of accounting. Nostro/Vostro accounts handle the financial transactions
Any coin with marketing concerning ISO involves banking and financial trade
Need to worry about Regulation and Implementation over market cap valuation
It's all going up. Make sure you have your piece of the pie
I know, which is why I keep asking questions because deep down I actually think my fartcoin position just might give me some of my best returns this cycleHe’s right in that retail doesn’t understand the role market cap plays in an asset’s price. Bookmark the following tool: MarketCapOf. XRP would have to more than 12x just to be on par with BTC, bringing it to $37. A $1,000 XRP?—$60T, nearly 30x BTC.. not happening. Hell, I’d put money on XRP not seeing $5 this cycle, never mind $10 or $15.
And let’s be realistic here, ‘tech’ and ‘utility’ is cypherpunk babble pushed by maxis. No one cares. It’s all about mindshare; this is why Fartcoin and kin do what they do.
It’s just so stupid I know it will rip (no pun intended) lol
And there are some layer ones that I know should do a standard 3-5x, maybe more.
I believe XRP, etc will be successful, and I’m definitely in, but I just want to maximize profits THIS CYCLE lol
Koichos
All Star
Well, we’ve come down to $109,300.(August 3) About time! It only took, what, 19 days? I would really like to see a retest of our previous ATH of $109,000 but that might be asking for too much.
There are some large buy orders down to about $108,000 so don’t be shaken out of position if we continue to retrace.
Koichos
All Star
Dipped to $108,500 then got a slight bounce but momentum is still bearish, long liquidations are building up and price action is.. dead.. waiting to TP on this BTC short.Well, we’ve come down to $109,300.
