Crystals Girl energy intensifies!
The last Blood Moon was May 16th.
Bitcoin was trading around $30k (on the doubling curve).
It seemed like we might get a reversal, starting a new bull market.
Instead we crashed shortly after to the local low of $17600.
Been grinding sideways for five months now.
As if a shadow had been cast upon us.
It was not a fun time.
- Musk sold most of his Bitcoin.
- Terra Luna crashed to zero.
- 3 Arrows Capital crashed to zero.
- Dozens of ponzi exchanges crashed to zero.
- All the longs got flushed (including my own).
It's not great, Dan
--- Pod Save America
And now we have a Bloodmoon... on election day... right after coasting through macro resistance, and the next one won't be until 2025. The crystals girls are losing their minds right now. Election day gonna be nuts.
https://cdn.jwplayer.com/previews/L4s5xXFs
Could this be the reversal signal we've been looking for?
Or perhaps the ultimate crypto winter of pain until 2025.
One can only guess.
Speculators gonna speculate.
It would definitively feel much more ominous if he hadn't of passed through macro resistance already, so it's nice that this is already happened. This combined with more and more global adoption signals that the market will turn around soon™
Speaking of the election...
Crypto Giants Get Hugely Involved In The US Election Campaign Donations To Bypass Legal Scrutiny
Here's a topic I have done the game-theory on multiple times when people tell me some bullshit like, "The government will just ban Bitcoin!" Oh... will they now?
As the US midterm elections are around the corner, crypto giants of the space have come up investing massively in electoral campaigns to immensely influence the Republican and Democratic parties.
According to the WSJ report, multiple crypto industries are now seeking to massively donate for the midterm elections to gain the government’s favourability in avoiding legal scrutiny of their business module.
Recently, crypto exchange firm Coinbase Global went under the radar of the Security and Exchanges Commission (SEC) for executing an unregistered securities exchange. Moreover, Ripple Labs has also been accused by the SEC of unauthorizedly distributing its native token, XRP.
Speaking of the Ripple lawsuit...
I read recently that summary judgment will be coming down the pike in March at the latest. It's about time. Hot damn. Even if they lose, the regulatory clarity that is forced upon the SEC will be a big win for the space.
It has come to the attention that FTX Founder Sam Bankman-Fried is one of those whale donors who is willing to donate a whopping amount of $1 billion for the presidential election in 2024.
And it should be pretty obvious at this point that they aren't voting democrat. Overzealous dems have been overreaching on the crypto front for years. Combine that with the obvious fact that the authoritarian measures of COVID combined with a Russian proxy war have basically crippled the economy... people are basically over it. Dems can't win. I guess it's time for republicans to fuck everything up for the next 6 years before we can swing back the other way... assuming we don't have a completely fascist government by then that can't be removed from power without a revolution.
A boom in crypto donations for the election will attract enough lawmakers and government authorities to consider the space, as it will bring excellent legalisation for the industry.
Again, this is why crypto can't be banned.
It is quite simply too valuable. Everyone wants more money and power. Crypto is essentially a trojan horse that dangles just enough money in front of key billionaires to ensure it can never be shut down. The roots of Bitcoin are firmly entrenched within the system. Let the game of whack-a-mole begin.
It's also noteworthy to point out that Musk has implemented this haphazard $8 Blue Checkmark deal right before the election. After firing more than half of the employees... how will they make sure users don't impersonate others and manipulate the election results? Of course this is an argument espoused by the left in the wake of "Russian bots on Facebook" and whatnot. I'm not sure if it actually has any relevance in the real world... but the timing certainly is... coincidental.
I mean at this point if you assume that the checkmark means anything other than they paid $8 and did KYC... that's on you.
Welcome to social media.
Conclusion
Well I do have more important things to talk about in the queue, but I'm still recovering from a Halloween cold. Damn communal candy-corn did me in. What was I thinking? Luckily it's just one of those super-mild child-colds. Almost recovered after just one day of being sick. Nice change of pace considering the last few times I've been sick. To reiterate: never eat anything that children shove their grubby little hands in. Gross.
- No more bloodmoons until 2025.
- Nov 8th election will almost certainly swing red.
- Crystals girl energy claims it will be pure insanity.
- Maybe there will be blatant cheating?
- Crystals girl energy claims it will be pure insanity.
- Macro resistance conquered.
- Expect a reversal in the market as soon as FED ends aggression.
- Expect politicians to continue being bribed by crypto billionaires.
- Bird app or bird crap?
Posted Using LeoFinance Beta
3 years?!?!
What do the crystalbitchez think this means for crypto?
Posted Using LeoFinance Beta
"Extremely chaotic extremely intense destructive full moon"
"Don't be in public spaces."
"Don't make any big decisions."
That type of shit.
Do me a solid and 'destroy' this bear market, amirite?
I haven't actually heard any crypto predictions.
But you know how long 3 years is in crypto time.
Chance that BTC is under $20k during 2025 is basically zero.
I think we have to stop using the moon cycle. Out of the last 10 cycles 6 of them were flipped (if anything it seems to suggest an opposite correlation - but the reality is that we are now pretty much at statistical expectation of 50%). The hype for this correlation was in spring last year and it's success was probably due to a self fulfilling prophecy. But I'll continue to monitor this connection.
There are many ways to analyze this metric.
You are doing it in the most straightforward way.
Did number go up or down during the 2-week time frame?
It gets much more tricky when you start coming at it from other angles.
For example: what's the chance the market dumps near a full moon and spikes near a new moon?
If the dump or spike that was expected hasn't happened yet, it seems to become even more likely in the days to come.
What I'm trying to say is that this is all much better for day-traders then people trying to ride the full 2-week swing cycle.
I'm expecting a dump back down to $19k within the next couple days.
I mean hopefully $20k holds but we never actually hard bounced off of $19k.
good points and seems like the dump was correct
You can bet on that.
Also, although not a fan of Ripple I would like it to win the case. Simply because I had enough of regulators and regulations. Man, I'm becoming such an anarchist lately.
Hard to not become an anarchist in an environment like this.
You're either anti-establishment or don't yet realize how badly the establishment has failed.
True. Too bad the majority falls in the second category.
I'm glad that you posted Elon's highly sexualized bitcoin tweet because it gives me an excuse to share just how PERVERTED and DISGUSTING that creep is.
~ Donald Marshall
yikes
Though many of my friends will cry, that's good news!
Another good news!
!PIZZA
!CTP
Posted Using LeoFinance Beta
Blood moon on Election Day. Should be interesting.
Thoughts at this point?
Now it looks more like plain vanilla shift against President's party in House of Representatives that happens during almost every midterms. GOP won popular vote, but, just like with Hillary in 2016, it apparently didn't play out where it mattered the most (Senate seats in Arizona, Nevada, Georgia).
Posted Using LeoFinance Beta
The Republican Party is 90% corrupt. The Republican establishment hates the populist side of party even more then the Dems I’d bet. I don’t see either major party as solution. They won’t do shit besides a key few.
hahahaha :D
I gifted $PIZZA slices here:
@rzc24-nftbbg(4/5) tipped @edicted (x1)
Please vote for pizza.witness!
The rewards earned on this comment will go directly to the people( @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.