Faz's Crypto Thread

Algos playing on your revenge short

Okay we are currently back at your horizontal line. What is your play now

Take the chart by the palm and do a palm reading. What is it telling you

1 Like

if it pushes off of this FVG then it might be a a nice long profits

at least to 30400

Based TA and horoscope enjoyer

At the end of the day I wonder how much of this is gambling fallacy and how much worse it is compared to "the tokenomics/purpose/development of this coin is solid"

Imagine being in the crypto space for years and not coming to the conclusion the only crypto that isn’t a scam is Bitcoin and monero and monero is just Bitcoin with a ton of improvements

Like I should make a meme of those two astronauts with the guy looking at earth with a bunch of popular crypto currency logos copy pasted on it saying “so they’re all a scam?” and the astronaut with the gun having Bitcoin and monero logos on his face saying “always have been”

1 Like

Isn't this a Bouncing Cat or something

dead cat bounce?

1 Like

Shit monero people say

1 Like

I don't disagree outside of the fair criticism that stuff like Btc needs a l2. But I think that tech could be impactful if industries and looming regulation stonewalled them less, and that coins that facilitate adoption or ecosystem growth actually bring some value at the end of the day.

Like it's easy to say this stuff looks like a scam now while there isn't any useful applications and they (apps) aren't going to make themselves without some incentive either

Yeah

I have yet to learn more but it seems like some TA is grounded in reasonable concepts like that bouncing cat thing and some isnt

And the only TA ive seen and thought "this doesn't seem like bullshit" was hunt volatility funnel

@_jdance

how is that for palm reading?

I misread the palm

Ethereum is not decentralized

It is a Scam With Many Steps or a SWMS

1 Like

There are more than enough nodes. More whales but is that enough to say it's not decentralized