Dohnjoe wrote: » Amazing that the gains are holding and haven't gone off a cliff yet. I wouldn't be surprised to see a drop at the end of the week, but if it doesn't do anything too crazy could set us up for another run. "Rest of the world" Paypal crypto will be pretty big too.
BrandonBay86 wrote: » We’re in a bullish pennant that closes around the 23rd.
seannash wrote: » I've heard this bit also that it can breakdown or up at any stage. Either way a dramatic move is coming alright
Mellor wrote: » Inflation IS the increase of prices, not the measurement. CPI is a measurement of inflation.
Mellor wrote: » I noticed you dodged the question.
Mellor wrote: » I mean they are plenty of oppressive governments out there. I feel sorry for those people, generally. But I don’t consider them the norm or worry about their savings. But you do you.
BrandonBay86 wrote: » Volume dropping off too so should be a spicy enough move.
Bruno Mannheim wrote: » Alt season approaching My tip as follows: Buy the red ones and wait for them to turn green Sell, rinse & repeat Dont chase any green candles and keep a level head and try not to over trade Some days the best trade is no trade For me for 2021, Zilliqa is a no brainer currently offering 16% staking rewards and until October for every 1000 ZIL claimed, you get 1gZil 1gZil currently = 1200 ZIL Zilliqa has to do a 3x to get to its ATH, easily achievable this year Dont turn down free money when its offered on a plate like this
Bruno Mannheim wrote: » no surprise, tether has stopped printing
pconn062 wrote: » Do you mind me asking where you are buying your ZIL? Not available on Kraken.
BrandonBay86 wrote: » Guess tether always stop printing when we are in a pennant or flag in that case !
makeorbrake wrote: » I didn't think anyone was in doubt about that.
That would infer that you think it's not true? You think there are no countries with capital controls? Lets leave it at a number of countries in Latin America. I'm sure there are others in other regions.
They don't have to be 'oppressive' to have capital controls. It's relevant to anyone who lives in said country - myself included.
Bob24 wrote: » Hedonic quality adjustment also plays a role in hiding some of the cost increases. If applied harshly: the price of an entry-level laptop remains flat over 5 years, but the processing power of entry-level laptops has doubled over that period. Adjusted for quality, it means there was a 50% deflation in laptop prices (because for the same money you are getting a laptop which is considered twice as good). And thus technology improvement for laptops is driving down CPI figures even though people are still spending the exact same money on laptops. In practice it is a bit more nuanced and not as brutal as the above exemple, but it is the idea and it does have the effect of lowering CPI figures. And to be clear this is not theoretical - this type of adjustments is actually applied to most consumer price inflation figures (easy to find sources, but see one here).
Dohnjoe wrote: » For anyone else reading, we have utterly no idea if "alt season" will happen, maybe it will, maybe it won't. Likewise maybe this coin will go up, maybe it won't. Be wary of anyone shilling any of these like it's a sure thing. Personally I have high double digit number of alts by this stage from a bad ICO and alt addiction in 2017. Some are "better" than others, but mostly it's a lottery. And pretty much everyone gets wiped in a bear.
Mellor wrote: » You wouldn't think so. But that the poster decided to "correct" me. They got it wrong.
Mellor wrote: » Same applies to people with currency controls. It's unfortunate, but a global norm is it not.
makeorbrake wrote: » Who got what wrong?
Not allowing accounts denominated in other currencies is a form of currency/ capital control. I didn't suggest it was a global norm. However, it's still pretty significant and it shouldn't be written off. We are talking about measures that affect people in the 100s of millions.
Mellor wrote: » You described it as the current norm. I'm saying it's not the norm, not that it's ok.
Mellor wrote: » Can you give an example of where this happens?
makeorbrake wrote: » Argentina is one example. I would imagine that of the remaining latin american countries that are not dollar based already, you'd likely have a hard time opening a usd denominated account.
maninasia wrote: » I would advise newbs to focus on the top 50 , top 100 maximum for 90% of their investment . If you are going to put a substantial amount of money in (not just a flutter...speculation for you ), put 80% of tha minimum into ETH and BTC. The good thing now is that many alts are well built out. Even Tron is quite decent from all accounts. So I'm talking the big names IOTA, TRON, NEO, NANO these kinds of coins have plenty of runway, NEO and NANO massively below all tine highs but could easily go multiples still. NEO was 200 USD ATH and now it's 27 USD. IOTA ATH was 5.3 USD and now it's 0.47 USD. NANO is 3.5 USD and ATH was around 25 USD. These are all great projects that I have followed for years. None of them will run off with your money overnight.
Bruno Mannheim wrote: » XTZ is well overdue
Bruno Mannheim wrote: » There goes BTC dominance Welcome to alt season if we weren’t already in it
Thargor wrote: » ETH pushing through ATH on a few exchanges now, recent BTC action could keep it going...
