Are you sure? Yes, there were some people selling into the buy wall… but sometimes it looked like it the wall was just getting reallocated.
IMHO this guy is not a serious buyer. He is communicating to the market.
yes i am sure someone sold alot to him
It was probably his wife
Please explain/describe your reasoning/thoughts on this. Curious.
Look up spoofing…
yeah it’s been like that for a bit now. Had a hell of a time a few weeks ago trying to buy a decent amount.
How crypto across the board is looking right now:
All the global market fear mongers triggered sell offs in traditional markets and that obviously carried over into the cryptoverse too. Well we have always wanted to see what a recession would do to crypto valuations. I think the next number of months will give us answers hah. I personally think crypto will burn down harder than traditional markets being so speculative. I don’t buy into the crypto is the safe haven during downturns theory, I think it gets rekt harder. Lets see .
Seems like MAID is doing well against BTC at least.
I’m not disagreeing, but why “obviously”?
If you can afford it, buying during a recession pays off. People who are stressed and stretched dump their discretionary assets and toys first. Boats are a good example. The truely wealthy will take the opportunity to buy distressed assets at very attractive prices. Long term thinking is needed. Warren Buffet waits for these opportunities
Well, crypto was born out of the Great Recession, where the financial crisis provided the fuel. Ofc, we are in a different part of the crypto cycle this time, but thought I would point this out.
Idk.
It may be this.
It just amazes me how people keep getting sucked into these Ponzi schemes instead of buying Bitcoin directly
Interestingly and unfortunately, SAFE will likely be born from the possible upcoming Global Recession.
Your words are playing out well. Especially today!
Why is it unlucky?
The safecoin is good tool for general people to escape from Banker’s debt based recesseion.
@bridge Unfortunate because during recessions people lose their jobs, retirement, homes, etc. It seems imminent though. But I do hope the network can play some kind of role in the global economic recovery.
Losing MAID/XMR does not seem bad. There has always been very low volume and surprised it was ever a thing.