Daily Discussion - July 16, 2021 (GMT+0)

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[u/Smarie1027]

Finally bought myself some ETH. Feels good 🙂

[u/ThePhantomDave → u/Smarie1027]

Future you will be thanking you!

[u/Smarie1027 → u/ThePhantomDave]

Thanks! I'm excited to be expanding my portfolio!

[u/nik5016]

You can't hurt me if I just DCA and hodl.

[u/Dux0r]

ETH : Staked

Algo : Staked

Ramen : Cooked

Now it's time to wait until I'm rich

[u/lunargrover]

If I can go five minutes without staring at the charts, I reward myself by staring at the charts for five minutes.

[u/tonybarnaby]

Forget a Lambo. Let me get a white M3 with a trunk full of cash and cocaine

[u/[deleted]]

The crypto bull market changed my life. Last year before the bull run I only had $200 to my name. Since the bull run started I have amassed 10k in debt 🙌.

[u/[deleted]]

Officially own 2 ETH.. wahoo!

[u/Tatakae69]

Hey u/MrBigPoopCum your asshole must be jealous of the shit that comes outta your mouth.

[u/desothouqprhyi]

I think my account got hacked, i still have the same amount of coins but they are less valuable now

[u/randomly1234567890]

Can't spell cryptocurrency without cry

[u/happyotter1]

Tonight i'm not having alcohol to help me sleep, in return I'm allowing my self to have as much Diet Root Beer and Cream Soda Zero as I want.

[u/[deleted]]

Bagholder starter kit:

• "Hodl"
• "It will go up"
• "DCA"
• "Buy the dip"
• "Remember X year"
• "People thought the internet would fail.."
• "2024"
• "I have been buying but I'm out of money"

[u/C3naa]

I block everyone on Reddit who sends a hello in chat and doesnt say anything else.

[u/Tkr1991]

There are 3 certainties on life:

Death

Taxes

And people in this sub being overly dramatic

[u/nethitdmkewo]

Is anyone else’s dog their absolute best friend?

[u/tiedye_b00ger]

Wow 1.3k comments and only up for 1hr....the Daily is really where its happenin tonight!

[u/MrWannabeStockMan]

Can we all just be rich already?

[u/nethitdmkewo]

Did I buy the dip? Yes

How much did I make? -15%

[u/BookieCrusher]

ETH under 2k? I’ll buy some of that!!

[u/BookieCrusher]

I really didn’t know how good I had it when BTC was 64k and ETH was 4K.

[u/crypto_grandma]

If you got into crypto around the ath you may have been thinking at the time: "I wish I got in sooner when the prices were lower."

It's not a nice feeling being 50% (give or take) down, but try to look at today's prices as a nice little time machine that allows you an opportunity to buy at much better prices than you were able to when you first bought. If you were excited to buy 60k Bitcoin, then you can be twice as excited to buy 30k Bitcoin (imagine how exciting it would be to buy it for a penny! Ok, maybe not, lol). Today's bad news can be tomorrow's "that turned out to be the best thing that ever happened to me."

I know a lot of us see things this way already, so this is more for those who think this crash is a terrible thing and are understandably worried they're going to lose everything. We all want it to go up, but today's crashes are where we make tomorrow's gains. Good luck!

[u/idigholes]

So, u/drakenhorn mentioned the ARK unlock of BTC trusts and how the dates correspond to the BTC chart movement.

I checked it out......

So, here is the unlock chart:

https://www.bybt.com/Grayscale (It's the 4th chart down)

Here is the BTC chart with vertical lines where the large unlocks were:

https://www.tradingview.com/x/NTRebhvG/

The dates correspond with some nasty wicks, including the massive drop we had.

Anyways, tomorrow is scheduled for the biggest unlock to date, so bare that in mind if you are planning on DCA'ing, it might be wise to hold off until tomoz or Sunday.

My advice, put some limit orders in, you might get a a really super low price.

[u/Hame_BiH]

Just a reminder that even after a big 50% dip, we are still at 32k which is an insane return considering Bitcoin was at 9.1k on the 16th of July 2020.

Time in the market beats timing the market once again, zoom out and look at the big picture!

[u/jasonluxton]

Good morning guys! Thank god its the weekend again.. hope you all have a good one.

[u/geekbread]

It would be really weird for us to permanently enter a bear market for the next 3-4 year cycle. That would be the lamest and shortest cycle ever and that is even taking into account cycles decreasing. I know it's been a strange year and a half, but it would definitely make everyone rethink everything about crypto, especially the s2f model and bitcoin's dominance.

Call it hopium or w/e, but I think we will still see a huge bull run after enduring this sideways market for a while longer.

[u/Many_Arm7466]

Fuck why did I have to find about Crypto in May and not now 🤦‍♂️.

[u/Move20172017]

Working 8 days a week to support my xlm addiction

[u/[deleted]]

You can avoid buying Bitcoin, but you cannot avoid the consequences of not buying Bitcoin.

[u/milonuttigrain]

Bought more ETH

[u/[deleted]]

What's few years in the homeless shelter among friends?

[u/lemoarbpqp]

My wife will kill me if she finds out how much i'm down on my investments

[u/[deleted]]

Reddit servers went down today, so I went downstairs and spoke with my family.

They seem like nice people

[u/assinthesandiego]

I had crypto investing, (mainly ETH) as one of my interests on my dating profile and some guy really messaged me and said "its all about the dogecoin" bro.. no

[u/Tkr1991]

Just earned a dollar of GRT on Coinbase.

Friday pump done.

[u/BookieCrusher]

ETH > DOGE. This is finical advice

[u/JONUTUNIVERSALU]

Send nudes

proceeds to take Screenshots of ETH at 4k

[u/jasonluxton]

Everyone that held throughout this, I salute you.

[u/Bangaloaf]

Just found out the comment karma restriction was lifted.. made my account for this sub since it is what got me into crypto. Hello everyone!

[u/SnooDonuts1536]

but cryptokid, cryptowhale, cryptoboss, cryptomoonboy, etc. all promised me $100K BTC by this month?

[u/Bangaloaf]

Sold AMP at .09 and staked it all into ETH 2.0. Future Lambo here we come.

[u/maolyx]

So my local crypto exchange added grt. Anyone holding grt? What’s your view on it?

[u/Grogthar]

Alot of misgivings about moons lately, despite my reservations I feel like if anything moons have made me become more witty, eloquent and way more voracious in terms of the crypto knowledge i'm consuming.

Heck, I was always a guy who would glean the news and other reddit forums, now i find myself reading up on technical computer software/programming stuff, just so i can ELI5 to someone how proof of stake works vs proof of work.

if anything it has actually pushed me to learn more, people should lighten up, the jokey nature of this subreddit is a breath of fresh air on days that are red and you just feel like no one is with you (especially naysayers in your real life), on those days i can always feel a sense of camraderie here.thank-you, love each other and engage, everyone leaves enriched.

[u/tonybarnaby]

[u/N1ckT0rk]

My pet rat just bit my nipple the little buggar

[u/KevinTh89 → u/N1ckT0rk]

Don't lie, you enjoyed that

[u/good-as-hellx]

This ain't a dip for me yet, I want lower

[u/Dupe5s]

My average for ETH is 3k, thinking that we're going straight up to 10k when we're at 4k.

Now I have no fiat to average down

​

Guess I have a red nose🤡

[u/nethitdmkewo]

It's your uber. I'm here

Is that you in the middle of the street ?

Me: Looking at my Portfolio Yeah. Floor it

[u/abunarusutra]

One hour until i go on holidays. Wont fiat mine for a week. Such an amazing feeling

[u/brainagogo]

Just realized I have 30 claimable moons from the latest distribution! This is pretty neat, closer to 100 now :)

Also filled some MATIC at 0.83. Day’s looking good!

[u/[deleted]]

If I had 10k+ moons I wouldn’t want it plastered next to my username tbh

[u/ratbert002]

I used to DCA my crypto purchases. I still do, but I used to, too.

[u/desothouqprhyi]

Crypto takes the stairs going up and takes the elevator down

[u/giddyBittern161]

People when bitcoin was 60k : I would give anything to get a second chance at 30k / People when

bitcoin drop to 30k : bitcoin is dead, and for that reason im out.

[u/[deleted]]

It's been two wild years being into crypto...

checks watch

oh god, it's only been two months

[u/debtfreegoal]

Doge really getting kicked in the teeth. I feel for all those new people who FOMOd in at ATH.

[u/nethitdmkewo]

No matter the dip, I hope those with anxiety, depression or suicidal tendencies will be safe.

[u/Beyonderr]

Good night from a flooding the Netherlands! Stay safe and dont panic sell.

[u/jasonluxton]

Chinese food just landed, seems fresh aswell. Enjoy whatever you guys are eating today, i'm sure as hell about to enjoy this

[u/Rexon225]

Just bought $15 worth of ETH today 🐋🚨

[u/Cintre]

A very long day hiking today, saw no bears nor bulls! here’s some pics from my hike

I hope everyone is doing okay! BTC will recover soon hopefully!

[u/Zerox10]

So I’ve done the math and If the prices keep moving in the same way Moons will overtake Bitcoin in price in 1 year, 2 months, 13 days, 4 hours and 20 minutes.

Moons will be worth 10,069 dollars each

Source : Trust me bro

[u/BookieCrusher]

I’m numb to red days. It only hurts when I think of when BTC was 64k and ETH was 4K. Good times man, good times.

[u/Grogthar]

For all ya'll who are taking the punt, and sacrificing fiat and luxury food for DCA like me, I have a dish for you.

Brazilian Feijoada, Black beans cooked till tender with onions, garlic, cumin, pork belly, smoked pork belly, sausages, (pig ears, cheap off cut- suasages) all pressure cooked, eaten with rice and collard greens. It has saved me so much money, and for the price its amazing!

[u/tonybarnaby]

I feel like a large contingent of people on here would rather hear what they want to hear than the truth

[u/randfyld]

Almost everything is down more than 50% for like 2 months now but people still think we are in a bull market

[u/Relevant_Pie5717]

Guys I'm calling it. Enough delusion. Tis Bear.

[u/-kekik-]

ETH will rise.

[u/anon472916]

The $1 I just got in GRT from Coinbase Earn is now worth $1.01. AMA!

edit: nvm now it’s $1 again, don’t AMA

[u/Jemal2200]

oof something big is coming

[u/Backwoodz1]

Beautiful day to be alive . Don't forget to count your blessings

[u/Dupe5s]

It's been long since I had a cold shower, I was deadass shivering lol

[u/Sphaa80]

To be honest I realize that all the fun with crypto is gone now so I've decided to write off my investment as a 100% loss in my financial planning and stop following the marked.

No, I haven't sold but I don't think I'm getting my money back, at least not in a long time. It's actually a good feeling to accept the loss and move on, and I had a lot of fun while it lasted :)

Now I will enjoy the rest of the summer, maybe take a little vacation in the autumn if countries don't close down again.

Best of luck to you all :)

[u/Ok-Entrepreneur772]

Does anyone still believe we're getting 100K BTC and 10K Eth by eoy?

[u/LibertarianCommie999]

How the f do you guys get so much karma, the maximum I’ve ever gotten is 2k karma and that required a lot of effort lol

[u/Commercial-Bass-3668]

We have been tanking for 68 straight days (may 10- July 16)

[u/[deleted]]

Not selling, but damn, where I bought in is looking like Everest right now.

[u/Spiderman8291]

Me 🤝 belief of ETH reaching $10k by christmas

[u/CryptoKing57]

Where my ATOM gang at? 😎

[u/abunarusutra]

A nice rebound. Seems like crab is taking over bear again. When will bull come? Dont miss the next episode.

[u/[deleted]]

Bitcorn brothers where you at? I upvote all my fellow bitcorners.

[u/jasonluxton]

It's friday, heres my off-topic question:

tell me the scariest film you ever saw

^{asked this recently but got barely any replies so here you go}

[u/giddyBittern161]

Im in for long term. But why do I look at the portfolio every 10 minutes?

[u/6669666969]

number of people in the sub just keep growing, imagine when there is euphoria in the market again.

[u/Smaash_]

I DCA Moons by shit posting every day. Great strategy.

[u/luluretard]

Men when’s the last time you’ve washed ur towel?

[u/lemoarbpqp]

Daily reminder to make sure you buy all your crypto from robinhood- preferably doge- and to always invest more than you're willing to lose.

Stay safe.

[u/[deleted]]

I'm seeing very bullish signals on the 5 second chart. if this plays out we might remain bullish for about 35 seconds. Might be a 0.1% rise in price

[u/[deleted]]

Hide your kids hide your wife. They shorting everything!

[u/[deleted]]

Bank of America, the second biggest bank in the U.S., will facilitate Bitcoin futures trading.

And you are worried about what Bitcoin will do in the next few months

[u/possa95]

It's a pretty annoying feeling seeing your harmless comment being downvoted by bots/haters. Gonna upvote everyone for fun now

[u/Loloooo1]

I hate selling at loss, but I might need to given the circumstances...

[u/nickpegu]

Anyone with less than 10 moons? I would like to give out a few.

[u/Timestr3tch]

Double down on BNB or get some LINK?

[u/tonybarnaby]

Being down 50% has only made me more bullish. I made some bad decisions, fomo in, didn't dca, bought the top and didn't dyor. But at this point in time I'm in and I have a plan. Sucks I overpaid, but being here is 90% of it. Next run when the market cap is 5 trillion, the Bitcoin dip will be when it drops below $100k and the eth dip will be when it drops under $10k. We're all sitting very well, no matter what.

[u/Garrydos]

All eyes on TSLA earnings. July 26th, 2021

[u/andrewhartanto]

Cant afford CAKE, Cant afford SUSHI, what to do now?

[u/TechOllie]

Hold for 10 years and don't worry about the short term

[u/aladdinr]

I need a second season of Loki how could they end jt like this??

Edit: Oh shit it just said Loki will return for season 2!!

[u/Ferdinand81]

What are you guys loading this week?

[u/Educational-Line727]

How the FUD's going?

Sire, they are still holding they don't want to sell their bags.

What? After all the FUD's and weeks of crab movement? We can't wait no longer.

PAMP EETTT!

[u/aladdinr]

New Coinbase earn question worth $1 added to GRT quiz.

[u/Ffirewave]

Who else got numb to this market

[u/Smart-Koala4306]

Anyone else have target numbers for their crypto (ex: 1 BTC) before being content? What are some of y’all’s?

Mine are: 1 BTC, 10 ETH, 100 LINK, and 1000 ADA.

[u/aladdinr → u/Smart-Koala4306]

Not going to stop till I have all 21 million btc

[u/princepersona1]

Defi needs alot of work before it's even an option for most people. The processes are way too overcomplicated and involve too many steps to be adapted by the average individual

[u/milonuttigrain]

Judge allows Ripple to depose SEC official who decided ETH is not a security

[u/Sir_Alterrr]

DOT is almost at 1/4 it's ATH.... ouch.

[u/ClaustrophobicShop]

All you people posting positive stuff on here...keep up the good work. You are heard.

[u/Bmzr88 → u/ClaustrophobicShop]

Hard sometimes when you're instantly downvoted all the time right

[u/Nomorealcohol2017]

All I want to do is win some money on the lottery so that I can afford to buy the remaining amount I need to get to 32 eth

Some people want holidays, cars and houses

I have my priorities in check

[u/[deleted]]

“Well, Bitcoin has stabilized at almost exactly $14/coin. I'm tired of waiting for a jump, so I'm taking the loss and getting my cash back”

This tweet was made in 2011, Exactly on July 15. HODL boys.

https://twitter.com/rockerest/status/91885405368098816?s=21

[u/kavicaa]

good morning cuties

[u/abunarusutra]

In january i tough i was the Warren buffet of crypto. A true genious. I was already seeing the billions. Today? Well, lets not talk about today

[u/Norbit11]

Officially we are f**ked up, unless big wave of new investors come in

[u/ioWxss6]

Back in the day, you could buy 1 whole ETH for 50$. These were the days.

Imagine that you've paid $8000 for 160 ETH.

Using this ETH you could set up 5 Ethereum nodes .

Not even thinking about the node rewards, or how much this would be worth right now, man this just blows my mind.

I bet there are real people that have done this. Fucking geniuses .

[u/[deleted]]

Which one of you talked me into buying at the top of bull market? I just want to talk

[u/[deleted]]

my wife said if I dont get of Reddit shes gonna slam my head in to the keyboard but I think I’ll dsfbshdhfuehfif

[u/icebong424]

I may need to find a way to earn more money.. it's not gay if it's 4 pay

[u/good-as-hellx]

Daily reminder of what green looks like 🍏

[u/abunarusutra]

My boss is looking at me suspiciously today. I am starting to think he is in this sub. Will test. Hey Mark

[u/Mortytorty]

Just bought ETH give me a high five

[u/Small_Floor7106]

Everyone should be buying BTC and ETH right now imo

[u/amanorchard4]

It takes around 20-30 years to repay your student loans. But only 15 years of jail time If you rob a bank. DM for more financial advice.

[u/[deleted]]

We are absolutely fucked

[u/randfyld]

Finally back! So who is going to compensate me now for the moons I lost because I wasnt able to shitpost?

[u/adithya_chittem]

What has been your most anxiety inducing crypto experience?

[u/[deleted]]

As much as I love seeing my bags in the green… the shitposting is way better when we are in the red. You all are a funny bunch

[u/idigholes]

Just finished packing my hiking gear for a wild camping weekend up a mountain, can't wait, there's also metiorite showers due over the weekend, it's gonna be amazing star gazing and drinking beers with buds.

No phone signal up there, so no shitposting tomoz, I gotta go cold turkey.

[u/jasonluxton]

15 minutes till I’m out of the office, you may catch me doing a little dance as I walk out the door

[u/desothouqprhyi]

When your family tells you to sell your Bitcoin because it’s going down, is that a buy signal?

[u/Extravagos]

Just bought more ETH, can't go any lower...right guys

[u/OLD_WET_HOLE]

Your trading will improve when you realize that 99% of people on Reddit have no fucking idea what they're talking about.

[u/amadelle]

good night guys ✨✨

[u/A_Birde]

Every time this happens the accounts that only post bearish shit during dips are nowhere to be seen ... I wonder why

[u/good-as-hellx]

My $1 GRT from Coinbase is now $1.04

BOW PEASANTS BOW

[u/[deleted]]

My dog isn't shitting since 2 days

I see this as a bullish sign

[u/JONUTUNIVERSALU]

Some guy just said "ooof I bought LINK at 19$ and now it dropped"

Bruh there are people we bought LINK at ATH holding like Chads

[u/[deleted]]

i am not a sportsperson but if being rich was a sport i would still not be a sportsperson

[u/bill__the__butcher]

"on chain date shows that whales have been accumulating"

ok then why isn't the price going up

[u/desothouqprhyi]

I only slept 4 hours a day since crypto

[u/Acceptable-Sort-8429]

I’m still impressed with the behavior of $ADA.

[u/Western_Helicopter_6]

ICPlease die

[u/PSVjasper99]

Buying some ALGO :)

[u/abunarusutra]

Don’t understand how someone that bought ETH at 4k dumps at 2k . You got less bullish because the asset got cheaper? I just don’t understand the logic

[u/Acceptable-Sort-8429]

Bitcoin has been just mining its own business for over a decade.

[u/TheELITEJoeFlacco]

Just bought my first little piece of BTC and ETH... feels good

[u/[deleted]]

Juust bought more ETH and BTC!!

[u/eetaylog]

Spent the day with my 6 year old boy today. Toy shop, McDonald's and ice cream on the beach.

Had the best day ever, and not a chart in sight. Highly recommend giving crypto a day off for your blood pressure should anyone else on here be blessed enough to have a kid.

[u/jasonluxton]

No matter what happens, we got each other.

[u/watchoutImhangry]

My corona test came back negative! I'm having a drink to that, have a great weekend everybody!

[u/SnooDonuts1536]

I told my sister to buy MATIC at $2

[u/SnooDonuts1536]

Crypto has changed my life forever

From having something to owning nothing

[u/RjDaGOAT]

Do you guys include Moons in your portfolio

[u/mxpauwer]

Funny thing is I somehow quit coke for crypto and didnt even realize... weird.

[u/Judges_Your_Post]

I plan to be a moonionaire by the time moons hit the mainnet

[u/thelaros]

I'm not in crypto for the money or the tech. I'm here for the comments on this sub. Get a few good chuckles a day from here that helps handle daily life. Glad to be part of the community here.

[u/Hame_BiH]

Imagine trying to time a top comment on a "hot" post to farm your Moons lmao..

We all know the best Moon farmers make their living in the daily! 😀

[u/shitstylewoogie]

Wow, just passed 5k total karma, a month ago I was a lonely man with <500 in 8 years but you guys make me feel welcome and I love socializing with all of you. I've even started reaching out to make friends IRL thanks to the confidence boost I've gotten.

[u/theoutsider95]

Should I poke the bear 🐻?

[u/dylanh99]

I fell like having a glass half full attitude today! Cheers!

[u/Timestr3tch]

Right now we’re in peak level crab. Like that giant crab from Banjo Kazooie that you go inside. We’re in it

[u/jasonluxton]

Where do you honestly think moons can get price wise? why would anyone want to buy them even if they hit an exchange like coinbase? I'm really hoping for a kind of reddit marketplace for moons tbh, could be interesting

[u/DetroitMotorShow]

Large hack on Thorchain, 25m or 7m ETH drained by hackers (two different numbers floating around now, unclear exactly how many)

Hope no one lost funds from here

[u/[deleted]]

I’m going broke with these dips. Not because the value is going down, but because I keep buying more as it goes down. Can’t wait for the future day when DCA and buying dips pays off. Good times ahead

[u/pc1e0]

Hi! I baked some new charts here https://www.reddit.com/r/CryptoCurrency/comments/ol67sc/rcryptocurrency_has_sleep_cycles_and_more_charts/

This time the charts are about Round 15 Dailies.

[u/altranger9000]

Be cool if a full bitcoin randomly showed up in my wallet one day

[u/OffTheGridGaming]

You may find yourself, behind the wheel of a 1987 Lamborghini Countach. This is not my currency! This is not my defi!

[u/aerodeck]

LoOk aT mE, iM a BeAr aNd iM aBsOLuTeLy CeRtAiN oF wHeRe ThE PriCe iS GoiNg. 1o0% cErTaiN

[u/whitehypeman]

Wow that dormant address story. If it's Satoshi, even he's not loving this price action

[u/MemesMafia]

Another day another opportunity. Lezget this bread

[u/[deleted]]

Good morning 🌞 guys

[u/[deleted]]

Paypal Increases Bitcoin Purchase Limit To $100,000 Per

Me who has no paypal, bitcoin or $100,000: nice

[u/karnzo]

Anyone still believe in VET? I bought in at .22. I’m super smart.

[u/tonybarnaby]

[u/aladdinr → u/tonybarnaby]

I fucking hate bears.

I can’t go out in the wild and discover my inner spirit because of the risk that some fat fucking hairy virgin known as a “bear” will attack me. I literally just want to go out for a picnic, but no. These self entitled pieces of shit are defended by wildlife activists that like to spew “they see you as a threat!” Bullshit. if they saw me as a threat, they would run, not maul me to death and then proceed to rob my bag of all human snacks that bears are not supposed to eat in the first place. Not to mention how bad their breaths must smell from eating random shit they find all day and the “growls” they make which just sound like what would happen if you put vocal chords on a train horn. They don’t even want to eat you, they just want to smack you around until you play dead, like it’s some sick fucking game to them. I would also hate living in the wild because even though most wild animals tend to avoid humans as long as we leave them alone, I wouldn’t put it past a bear to stride into my living room and take a fat rancid bear shit on my carpet, eat my last pack of uncooked ramen noodles, knock over my television, and walk out when they hear the slightest movement of a sleeping human.

[u/roundhousespank]

that 32k is a tough one

[u/[deleted]]

Would like to see btc test 36k and liquidate some shorts

[u/newbjapan]

Not sure if it's been mentioned on here, but more good news in the Ripple case today! One step closer to getting this all done with and a win for them is a win for crypto as a whole.