@TrueCryptoPower Realy annoying the situation…10k truebit is nothing now…52$ …
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wall-e
1.2K posts
@Truebitprotocol hey what’s the update now ?? 3 months past. no update.
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Price walked down today but structurally looks like we could be missing another leg up. This would also finally get us to our higher TF resistance zone (around 80k) that we've been eyeing for a while.
Let's see what tomorrow brings.
$BTC
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@Truebitprotocol @VitalikButerin hey did you not also write the white paper ? No comment about that ?
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@TrueCryptoPower I hope so .. sad that they haven’t announced anything yet ..
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@DoIT04261354 Besides the ETH reserves that were stolen, they have a lot of reserves in FIAT.
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@conorfkenny @JasonTeutsch @Truebitprotocol how will the future now look like ? Any statement? Coin fell hardcore . Any solution for the Produkt and the price
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BREAKING: The Truebit hacker has now completed laundering all 8,535 $ETH, worth over $26M, through Tornado Cash, making the funds untraceable.
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@TrueCryptoPower Can share the instructions? I would like to see what I actually need to run one
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@CredibleCrypto @massdotmoney Can anybody provide a tutorial how to set it up and get the funds on the platform?? @massdotmoney
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CrediBULL Crypto@CredibleCrypto
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@TrueCryptoPower @Truebitprotocol So if we continue like this , in around 4 years there is nothing left if we carry on like this. 4 years is not much.. and the token hasn’t pumped much . We need this to go live . But sofar I know they also initial also more token when the token gets used
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🔥 Meanwhile, another 1 million $TRU have been burned, and the average burn rate continues to increase, reaching 118,143 $TRU per day.🚀
#Truebit
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@MarcoStrobel4 @BitbullTrading I have the same f*cking problem … shit EU .. so I logged out , startet VPN . Logged in and took my assets down . No warning, just got shut down from @BitunixOfficial . Not nice ! Bye bye @BitunixOfficial
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@BitbullTrading Hallo Basti, das kam plötzlich. Bin in Deutschland und kann Bitunix auf einmal nicht mehr nutzen?
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@ciaranhol47 @conorfkenny I have the same f*cking problem … shit EU .. so I logged out , startet VPN . Logged in and took my assets down . No warning, just got shut down from @BitunixOfficial . Not nice ! Bye bye @BitunixOfficial
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@conorfkenny Hey Conor, have you been kicked off of Bitunix by any chance? I have been totally kicked off without warning for being in the uk
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Today, Aug. 7, the SEC is expected to deliberate Ripple’s decision to withdraw its appeal.
Will this be the breakthrough XRP holders have been waiting for?
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@CredibleCrypto You see this possible ? x.com/akumar_space/s…
AK@akumar_space
$CVX lets see what we get , worst case we drop to 2.20$ best case ~4$ holds
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Range highs taken, range lows taken, and a clean expanded flat subwave 2 so far.
Too early to tell if that was it in terms of downside but this chart is developing beautifully.
Just need to be patient for the next impulse to begin and it should be worth the wait.
$CVX
CrediBULL Crypto@CredibleCrypto
And this is why understanding and being able to identify the difference between an impulsive rise and a corrective rise is so important. Keep in mind we are still in the corrective Wave 2 after our very clean and clear impulsive rise off of $2.11 and even a move down to the ORANGE zone would be healthy/normal for this type of correction. $CVX
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@7jaguar1000 @CredibleCrypto He went long at 0.888. this could be a second chance to enter
CrediBULL Crypto@CredibleCrypto
We've got our reclaim and I am now long $CRV once again. Flying out tomorrow so I won't be updating this idea until/unless I take profit so be sure to manage risk if taking a similar trade here. First target is range highs at $1.35 and above that $1.85. New Youtube vid should be uploaded later today where I discuss $BTC so stay tuned for that as well.
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I don’t think it affects the cycle per se- rather I think it’s a sign of how out of touch with reality this space has gotten over the last 6-12 months with the meme coin frenzy.
The President of the US launching a meme coin while holding back 80% of the supply for the “team” and charging a 1% tax on every trade of it is a blatant cash grab any way you look at it- yet the coin has hit multi-billions in marketcap within hours of launch.
This event solidifies that we are seeing a modern tulip mania and as crazy and irrational as it may get in the coming months we all know how it ends.
The only pro that has come out of this is that it’s clear the new administration has a vested interest in promoting and supporting crypto which should be good in the immediate short/mid term.
In any case, based on all technicals I believe we are in the final stages of a multi-year secular bull cycle and things like this just reinforce that idea so make hay while the sun shines because if I’m right then what follows after will be pretty ugly.
NarrativeNinja@NarrativesNinja
@CredibleCrypto How do you think this affects the cycle? Earlier top given the euphoria that’s about to enter the market?
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@CredibleCrypto Will this not Effekt also $CRV? That might take $CRV back to your entry in worse case
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Watching the lower timeframes here as I think there’s a chance ETH is setting up for a triple tap that would front run the HTF buy zone just below.
Will want to see where BTC is at as we approach that zone for further confluence.
CrediBULL Crypto@CredibleCrypto
So now that we got the lower timeframe correction out of the way, it's almost time for the fun part. Zooming out we can see that $ETH has basically been consolidating in a massive range between $2800-$4000 for around 10 months now. As previously stated I think this range resolves to the upside and this this is just one massive accumulation range before $ETH goes on a new ATH run just like $BTC has done over the last year or so. This means I don't think you can go wrong picking up some $ETH at the HTF demand zone at range lows if/when we get there. This is the region between $2400-$2800. This is the ultimate buy zone on $ETH imo.
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So now that we got the lower timeframe correction out of the way, it's almost time for the fun part.
Zooming out we can see that $ETH has basically been consolidating in a massive range between $2800-$4000 for around 10 months now.
As previously stated I think this range resolves to the upside and this this is just one massive accumulation range before $ETH goes on a new ATH run just like $BTC has done over the last year or so.
This means I don't think you can go wrong picking up some $ETH at the HTF demand zone at range lows if/when we get there. This is the region between $2400-$2800.
This is the ultimate buy zone on $ETH imo.
CrediBULL Crypto@CredibleCrypto
Outcome was the same, downside target hit, reply-guys in shambles 😆 Will make another post shortly with some updated thoughts. $ETH
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$TRU
Truebit is only in one CEX
What does that mean to you?
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