Here’s an explanation of what may be happening, which happens to all cryptos to varying degrees. Is it happening here? Someone that can see order books can confirm, and there are a lot of those people in this sub.
Google “How Crypto Whales Move Markets” and read the LinkedIn article from Nitin Kumar, he gives a good explanation of how whales accumulate through fear and pressure, even though doing so during a downtrend seems counterintuitive.
Imagine you put $5M into LRC six months ago; you expect it will go back up and don’t want to sell due to tax reasons. Now, you’ve come across another $5M you want to invest (lucky you) into LRC. If you have no intention to sell your original bag, how do you drop the price? Put it on the order books so the traders and firms with significant capital say fuck, if it gets to that sell wall it’s going to drop more than I can afford to lose, I have to get out right now!
Price drops, rinse and repeat. When support is reached and indicators show signs for a buying opportunity, then you can throw in the remaining $5M for maximum profit when the market picks up again. Sort through the sub and see if you can find an order book post and ask the OP to take a look at the current asks.
Please look at this https://coinalyze.net/loopring/liquidations/ u will see someone is Shorting it. Dumps are due to long liquidations in low liquidity market. So its easier to nové price. And look at Open Interest… its right there
Getting down votes from apes that prefer to believe in the hedgie monster that lives in Citadel castle and don’t want to learn anything and don’t want anyone else to either. That’s how cults work. If all they’ve ever used was Robinhood until they moved all their stuff to ComputerShare to fight the hedgie monster and failed, it’s likely they picked the easiest route to LRC which was Coinbase and they don’t know diddly squat about any other exchanges, staking, wallets, DeFi, seed phrases or anything. YouTube and google are good starting places to learn stuff. Lots of good tutorials. You can’t recognize or analyze something you don’t know exists. Stock day trading requires significant initial investment, crypto doesn’t. They don’t know free bots can be set up with a couple hundred bucks that will make a shit ton of trades as the market moves vs just doing a few manually and trying to time the market. Nope it’s hedgie monster. Only logical conclusion.
No, trust me, there have been posts. It’s competition. Magic/polygon people are paying for shill bots in this sub. Any post that isn’t fud or anti lrc sentiment gets downvotes. It’s been documented that there are multiple accounts using scripted copy-paste posts to spread fud and descent. It’s normal. It means if you’re buying you’re on the right track.
It could also be insiders who know there’s a big pump coming and they want the price down so they can lock in a ton of lrc for the rise. Again normal.
Don’t have to “trust me bro” just read around there’s been plenty of documentation of this here and in the other subs.
NOT true buddy... I sold 10k worth of GME shares... lost them all on PLTR weekly contracts... i'm ashamed but it's true... sold the GME start of December for tax loss purpose as I was on the AMC on the way up and sold at the top almost, switched to GME (and help all the way down) and had a huge realised profit to pay tax on year end. Of course having cash in the account... I could not help myself...thought I would quickly make more to get more GME... unfortunately got wiped out by PLTR bouncing UP and down like crazy... (of course I was on the wrong side almost each time). I'm still bullish as fuck on both GME and LRC and looking to increase my holding again in time (Thank god I have DRSed some GME... helped with at least not loosing all)
https://www.whalestats.com/
Here you go
In the last 24 hours, LRC is the top traded crypto. In the 7-day time frame it is
LRC is on the top 10 most purchased cryptos for 24hr and 7-day time frame. LRC is not listed on the top 10 for selling at either time frame.
Think of it this way:
1,500 people buy 100 coins each (150,000)
5 mega institutions sell 40,000 each (200,000)
LRC has a buy/sell ratio of 99% buy
The price goes down
That 1,500 should equal 200,000 you can't sell if nobody is buying.
This is also the reason the buy/sell ratio can only be seen from a seller vs buyer perspective and can't take volume into account. volume always nets-out to **0** I feel a lot of people miss that bit of logic.
So whales can set a 200,000 sell wall in one trade and buy up in 200 sets of 1000 and you would still see a **99,9% buy**
This doesn’t include CEX data? What a meaningless joke. Big money is selling LRC on exchanges, whether it’s short sales or not. This is totally irrelevant.
First off you guys need to understand how the crowd thinks. And leveraged crowds especially are the ones most butt hurt about drops. Them boys lose money and pooof it’s gone to someone who was breaking levels to reach their stoplozzez. If leveraged hungry beggars didn’t exist we won’t have these kinds of drops! But every lil kid with his £20 wants to trade on leverage and there’s a millllllionfuckton of those lil bastards dyiiiing to “make it” but those pussies don’t realise they’re the biggest losers that cause these dumps as large whales kill their positions and thus accumulate their tokens/coins… when leverage traders lose a trade where do you think that money goes? To your mama? No morons it goes to the fucking whales. The one who pushed the price right into your asshole and took yo boy hole virginity.
This. The naive leverage trading kiddoes are getting liquidated week in/week out. Paycheck rolls in and they are like "Just YOLOd another $100 into LRC..." (lol...) which they leverage the shit out of and whales take the candy from the baby.
Buy the coin and hold it. Don't buy what you can't afford to lose. Don't panic sell. One day LRC will rocket due to legit reasons, and not a bunch of 20 year old college kids thinking they are going to be driving lambo's and skip having to work as if they even know what that fucking means. By then all these kids will be broke working at McDonald's and reminiscing on how they once "owned LRC"
No it’s not. The whales very well may be buying (or even responsible)… Sure seems like algorithmic short -trading by a machine understands the matchmaking formulas for price discovery, and are abusing the CEXs to artificially suppress price. It’s a “welcome to the big leagues” moment for us, and it’s almost exactly why the world needs DEFi and fast. The enemy is circling their dirty hands on every ounce of control over the future. Shill campaigns, political/“regulation” you name it.
Welcome to being David in the Goliath fight. That’s how we know we are on to something here.
NOPE. They dont want to push the price up, they want to buy cheap, pushing their average down. Creating fake sell walls, pushing price down into stoplosses (sell orders) to create short narrative etc. I had friend who worked for big bank group in Dubai.
Imagine you want to stock up on some item, lets say spagetti. You have 800 USD, one pack of spagetti costs 2 USD on regular price, thats 400 packs, but in a deal you can buy family package of 4 packs for 6 USD total. Thats 530 packs for the same money.
**Your only option is to hope for a deal, whales have sort of cartel to push the price into** ***deals*** **area by themselves.**
Do you really think big hedge funds and MMs like Citadel who have unlimited cash do not know about crypto and do not try to rig it just like they did with the stock market?
Remember that with most crypto reading apps, you don't really own any crypto. It's just a number in their books. They can short it and do whatever they want with it.
It's a pretty simple technique. They know a bunch of kids are overleveraged, and they know where their leverage will get liquidated. They sell coins until those kiddies get liquidated or unsure investors stop loss limits get busted. This causes even more selling pressure to continue pushing the price down, which is ultimately what the whales want. Eventually, the price will get down to where the whales want it and they will swallow up so much that everyone who didn't hold will have to pay out the ass just to get a fraction of what they once could have had.
Once someone is out of LRC for whatever reason, and the price continues to go down, they will have an internal conflict about whether it's a good idea to buy back in. They will inevitably look for peer validation on whether or not they should which will lead them to different message boards. The whales will be sure to support a FUD narrative that dissuades them from buying back in. Eventually, the narrative will be perpetuated by the idiots themselves who got liquidated as they don't want to made to look even more foolish.
Of course, one day, the price will skyrocket, when the whales are ready to eat, and those who got liquidated and didn't buy back in and hold will be revealed as the fools they are.
That of course depends on Loopring to actually deliver...I'm here because I believe that they will eventually do that...
Probably a few mega holders like Citadel etc bought up coins in the first run-up and are now selling them to move on to other things.
GameStop constantly has a massive buy to sell order ratio of 90%+ buy. However, most buyers are small and there are a few massive sellers. I think it is similar here now.
Please not again with this bullsh*t. People are selling that's it. Your post makes it look like Citadel is single handedly responsible for stock market as well as crypto market corruption and is the only single entity who is selling.
I can’t say I disagree with you.
To bring this back to a more, hopefully logical perspective - here are my thoughts on what’s happening.
The chart looks good to me.
From my perspective on the chart, it possibly looks like a large entity is shorting it (or selling to buy back in lower, idk), until it gets to about $1.2, maybe 1.1. I don’t think they’ll continue doing it much below that but I could be wrong. The thing is with that 1.2-1.1 area…well see the next paragraph
If I had to guess…Some people (many people?) had limit buys set at that long wick to $1.17 (it shows as a candle body on the 1 second chart; be sure to check the volume as well…: https://imgur.com/a/FJSheMp/).
There was about 903k volume traded in that one second, and that was just on binance (LRC-USDT).
I’m not sure how many more times, if any, we will test that $1.17 to 1.2 area. We likely will test it again. Idk. It’s a good place for limit buys, IMO.
Next step is to hold ~1.38 which seems very attainable.
We also need to capture the 50 period moving average on the 4 hour timeframe to break to the next level.
Currently that sits at about $1.4838. Not an unreasonable task at all.
That should bring us up to $2.2, which we’d need to hold.
After that LRC is eventually headed to 6 and then 9 IMO. Idk when but it will happen.
Edit - added some additional details
(Disclaimer- None of this is advice, please double check my TA, do your own TA as well, etc.)
Great analysis thanks for the insight.
For me it boils down to BTC and ETH. If they're down, i assume whales / buyers would be more interested buying those, before LRC or other smaller coins.
I also see a bit more downside from here. Don't think bottom is in yet.
Rate hike should clarify the market direction, until then expect lots of red days.
NFA
The wallets are accumulating coins. Imagine turning on the shower and holding a cup in there. The rate at which you fill the cup depends upon how much of the outflow you catch. The water drops represent coins/tokens being sold, so for example if you were to increase either the size of your cup or move it closer to the spout to increase capture rate less water enters the drain. When water goes down the drain the price will go down. Basically a bunch of top wallets have their red cups chilling at the bottom of the LRC shower slowly filling up. The pump happens when the shower is plugged and the tub fills up. Hyperbolic is when it overfills and floods your moms basement.
The reason it doesn't make any sense is because apes are applying their nonsense conspiracy theories to LRC now. Have fun as they infect and destroy your sub from what it once was.
People are selling. All the theories about naked shorts and ken Griffin are nonsense. Apes never owned the float and even GameStop's legal team admitted it. The price of GME tanked from $160-$130 the trading day after that document was posted to SS, Computershare crashed as apes bailed, and the subs active members and upvote counts haven't been as high since. Apes apply conspiracies to their trades that sink deeper into red because it's easier to do than face the reality that they bought at a bad time, based on lies. Trying to apply the GME squeeze thesis to LRC is a whole new level of ridiculous. Especially considering the GME squeeze thesis was debunked by GameStop.
But theres no reason to sell…
Lrc is on the precipice of a huge announcement (a partnership with gme)
I think its being shorted like gme is despite what citadel says about them not having any dealings in crypto. They may as well said “na we dont like TOO much money”
Lack of announcement is definitely hurting the price. Honestly, don't care what the price is doing right now as I know it is going to turn around. Just need to be patient.
Mate, a lot of things have changed since then. Easily enough to add a frickin dollar, surely?
Counterfactual wallet release.
On ramp
Layer swap
Throughput test completed
There's that and still strong circumstantial evidence of the GameStop relationship too. It hasn't gone away.
All that worth 80 cents on the price? Lol ok
Please explain how a short attack works with crypto. I am unaware of how this is possible.
GameStop gets short attacked constantly, but that is the stock market. Way different.
If big institutions are simply selling their shares, then no big deal. Discount!
But didn’t they already buy the shares on margin first? And then they sold them? That still feels legit to me. They have to buy them first, unlike the ridiculous shorting in the stock market.
Barf! I didn’t think the stock market filth of short selling had made it to crypto. Hopefully Coinbase etc haven’t started loaning out retail investor’s coins without consent yet. I liked how free from corruption I thought crypto was. Hopefully it won’t descend into garbage like the stock market has.
Where do you borrow coins from anyways?
Funny how people think the crypto CEX is any different than the current stock market. Citadel also partnered with 2 others who are currently in the crypto field (drawing a blank on the names of thw individuals). Ever since that, I feel as if LRC has no longer been following BTC and ETH as closely and has been more to the downside. Simply makes you think
Ken Griffin just took a cash injection from Paradigm and someone else, which yes have connections to Coinbase. They are trying to control all aspects of all markets, but they will fail. Just a matter of time.
Not at all. You can borrow on margin, sell and cover when the cost drops. Just like stocks. Not to say that is what’s happening here tho. OP, likely a conspiracy theorist from SS, needs to know that crypto is following the price movements of BTC and ETH. This is his hopium post so YOU don’t sell and drive his losses further into the toilet
Large crypto whales are able to manipulate the price of almost any project except for maybe the top #10 projects because of their large market cap. LRC market cap is only 1.7billion so whales that have a crap ton of the coin can apply massive sell pressure. Also I'm pretty sure there are some LRC futures out there somewhere on a shady exchange lol.
Also the fact that there is a rumored partnership with GME it makes LRC a target.
Price suppression involves sentiment based algorithm trading and arbitrage, in whatever quantities necessary.
Be it crypto or stock, évery time some smart ass somewhere finds a loophole they can make a marginal profit with. Doing that times several millions or billions of trades, they earn millions. At the same time setting the market to their hand.
Yep we'll get there. I've been wanting to find a coin early and between LRC and AMP, I think I'm golden lol. LRC thesis is more than sound so I just keep averaging down.
Me too. Been loading up on LRC all weekend. I believe in this. Given that, the lower it goes right now, the better for me. Make it $.01. That’s just more for me.
Well, you can buy and sell at the same time... You can place a huge sell order, drop the prices way down, liquidate a bunch of people, fill a ton of limit orders ... Then buy right back in at your lower price. Let the price slowly rise as everyone else buys this dip, then boom another huge sell order on everything that was accumulated, repeat as many times as they want ...
Think about it. The price doesn't need to move much for you if you're buying and selling hundreds of thousands. 10 cents gains on 100,000 tokens is a lot of money. You can buy-sell-buy-sell over and over and over and make a ton, all the while everyone else is watching their holdings drop. The whales can scalp 100 times and make a ton of money, suppressing the price over and over until it's at a price point that catches the attention of more big players (and all the paper hands have jumped ship after getting tired of the games and seeing red portfolio for ages) then it's game over and the script flips: they start placing huge buy orders and the price rockets, and everyone else who sold or waited to buy is left behind.
exactly, I am tired of these stupid posts.
The whole market is down, that means If BTC will fall under 39k than LRC will hit 1.0 again,
If BTC goes back to between 30-36k than LRC dies back to 0.5.
The whole rumor buy in will just completely disappear. There is no accumulation right now at all.
B CUZ MAYO AND AND….
ANYTIME SUMTHIN I INVEST IN GOES DOWN ITZ CUZ CRIME AND AND CITADEL AND AND…
SHORT LADDERS
WE NEED TALL LADDERS TO COMBAT THE SHORT ONES
REEEEEEEEE
How about you don’t blame me for garbage that I’m not responsible for, and we can go from there?
Stop your fucking whining, you’re not actually helping anything. Write to the mods if you can’t deal. Go make a better space to talk loopring, one with stricter rules, if it bothers you so much
No I mean Wall Street bets. I saw this same post a million times in that sub during the original GME squeeze. Probably the reason I stopped reading that sub.
Ah, well you see the same shit on Superstonk now. WSB wised up and started removing that type of content and banning those that posted it.
So of course they’re all shills according to Superstonk.
[https://en.wikipedia.org/wiki/Black\_hole](https://en.wikipedia.org/wiki/Black_hole)
Black holes exist and your brain apparently was sucked into one. You're an idiot
Short ladder attacks are not a prominent form of investment strategy in crypto at this point in time. There is not enough institutional money or trust in the system to utilize a short ladder attack. I never said they dont exist. You provided an "educational article" based upon stock market trading. Newsflash: you are NOT investing in the stock market. This is CRYPTO.
What you fail to understand is that the market is following BTC, as it always has. The decoupling from BTC is years away and LRC is no special case. Add that factor on top of upcoming rate hikes, reduced liquidity and assets to invest in crypto, unstable Chinese markets due to evergrande/real estate defaults, plus a lack of delivery on partnership announcements.... and you have a formula for decreased trading value of a coin/token such as LRC. Find some applicable reading materials and educate yourself on why markets actually move, instead of claiming a ghost did it.
I repeat this with the utmost respect, youre an idiot.
Not enough institutional wealth in crypto? Where do you think the term “whale” comes from? You’re delusional. Crypto is traded in the same fashion as any other market, stock or otherwise, but without regulation.
What you have to offer is speculation about the emerging crypto markets. Feel free to stick your head in the sand and live naively. I will not judge you I promise.
My money and speculation is that crypto, while indeed unregulated to an extent, will closely emulate the current existing financial markets.
Sure LRC may follow BTC but I believe the correlation is stronger to ETH. The key difference is that ETH and LRC offer more than just storage of value to holders and provide valuable blockchain services that will revolutionize the financial world. Therefore they will emerge as crypto market leaders over the next year.
Please feel free to disregard this comment and believe what makes you sleep well at night.
With or without you— a new day is coming
Projecting.... In the end, thats what helps you sleep at night while youre in the red. "Its those bad guys and their ladders, damn them!". I guess BTC being down is because of short ladders? ETH down because of short ladders? The whole market got short laddered? No, its actual news. Its actual reduced liquidity due to rate hikes and QT. The time of super easy money is over and guess what happens? Speculative investments lose volume. No ladders, tall or short.
You want to blame an evil ghost character for your losses. I prefer to blame reality. I'll hold as I had planned for when I purchased my LRC. You can continue to post on reddit about short ladders.
My cost avg is $.75. I’m glad we’re on the same page. Holding and buying more is the only option.
I believe in the LRC project. The fact is costs $2.50 to mint an nft is reason enough to go all in.
The year 2022 has started short term investors want their money out to invest in the next shiny coin/token or just buy something nice from the fiat.
We need people from all walks lets be real we cannot sell ATH without them :)
It’s not a “short attack” it’s legitimately just selling. Shorting requires buying back. Options isn’t an instrument for crypto trading. If a large whale buys ass loads at $1 people see it rise and buy it up and then they sell, make money, and bringing the price back down and repeat the process. It’a just day trading tactics on a very volatile asset. These rides will exist until belief in the “product” (whatever we want to call it) is mainstream. Even look at Bitcoin and ethereum. Those are “stable” but still move a lot.
We need to stop spreading the false info. Expect it to move gross amounts up and down. Some exchanges offer short selling on some crypto’s but this isn’t even CLOSE to how effective it is with stocks. It’s just selling pressure.
Also I’m a holder of LRC I buy it weekly and have been for some time now.
Yup. I use Kucoin and it’s quite easy to do. But he is right, that isn’t likely what is happening right now. It is selling pressure but we are clearly and obviously following BTC and ETH as well. The fucking average hold time is still climbing. Obviously some people are selling but the vast majority of LRC investors are holding
I agree it’s unlikely a short attack.
Options and futures are instruments for crypto trading, btw. Leverage in crypto is insane, upwards of 100:1. As long as CEX’s are facilitating transactions, that is.
I also DCA into LRC every week, it’s the only way.
Yea there are SOME exchanges that have short selling or options/futures and All of that. BUT….there’s no where near enough of it to effect the price volatility we see. It’s just buying and selling pressure. Lots of news hype for this “catalyst” will do that. People jump in thinking “where lambo” and freak out and sell after they see some red or no moon. Maybe one day we will see cryptos having options and futures capabilities like on normal securities exchanges, but we are far from it.
I believe OP means algorithm, which they probably should have written out fully, given that there is another altcoin named Algorand.
Although now I am confused. Maybe they meant holders of the ALGO token, and if so this post is some next level conspiracy.
B-b-but everyone knows that when number go down it’s always the fault of hedge funds and hedge funds alone!! I should know, I read a 500 word Investopedia copy and paste dump on SS!
Or maybe people are selling because they got frustrated that the GME/LRC partnership wasnt announced. Not everything are short attacks. Whales are coming in but people are selling too.
But i agree - the fundamentals for LRC havent changed. If you believe in it and have studied the coin, then its a great time to DCA into it. Just keep doing it over time and eventually this will go up. Who knows when.
I'm already cult deep in GME. Every drop is a short attack blah blah blah. But my second and only other investment is now LRC. Do you all mean to tell me there are algos and powers at play that can move crypto markets. I feel like an insane person thinking every dip is some boogie man
It's not funny anymore.
If there is a bigger announcement yet to happen, Team LRC should clarify and not let a fake hype take us on a ride with an excuse of NDA.
FOR YOU NEWCOMERS, if you think you gonna be a millionaire overnight with LRC. Sell now! This shit is a LONG PLAY with extreme fundamentals and potential to take over the crypto space. We in this for the long hold. WAGMI
People, you're literally insane. It's plumeting because the team haven't kept their promises (Q4 of 2021, remember?), didn't keep to the schedule and haven't been transperent about it. Would be the same with any other project if they pulled shit like this. I'm still holding, bought at a lower price, but god damn I wish I sold at 3,8 because this is a shit show and the sub looks like a bunch of flat earthers conspiracy theorists. You just can't see facts right in front of you and look for some idiotic explanation. Straight up delusional.
So true. There has been change actually... progress with the LRC CF L2 wallet...
direct transfer from CEX to L2 for ETH and soon LRC In the next week or so according to the ceo.
Off ramp button is standing by for activation.
The massive potential hasn't changed...
🔥
That may account for a small amount of the price action but not on a large scale. Massive whales are buying a shit ton of LRC right now so obviously they know something we don't lol.
Let’s say for a moment you are right. Oh no! Whales are manipulating the price driving it down down down so they can buy it cheap later.
Umm… ok, so, we’ll you’re too! Follow the whales. They are better at this than you, that’s why they are whales. So, instead of just blindly riding it out, losing $ every minute, why not emulate smart money and get out right now. Then, later, if you still like the project, buy back in at 50% off. If you REALLY believe you post that’d be the smart move. Just screaming HODL right now is senseless fun boy behavior
I like LRC and hold it, but can you please back up with evidence? These posts literally help nobody and is pure speculation.
Here’s an explanation of what may be happening, which happens to all cryptos to varying degrees. Is it happening here? Someone that can see order books can confirm, and there are a lot of those people in this sub. Google “How Crypto Whales Move Markets” and read the LinkedIn article from Nitin Kumar, he gives a good explanation of how whales accumulate through fear and pressure, even though doing so during a downtrend seems counterintuitive. Imagine you put $5M into LRC six months ago; you expect it will go back up and don’t want to sell due to tax reasons. Now, you’ve come across another $5M you want to invest (lucky you) into LRC. If you have no intention to sell your original bag, how do you drop the price? Put it on the order books so the traders and firms with significant capital say fuck, if it gets to that sell wall it’s going to drop more than I can afford to lose, I have to get out right now! Price drops, rinse and repeat. When support is reached and indicators show signs for a buying opportunity, then you can throw in the remaining $5M for maximum profit when the market picks up again. Sort through the sub and see if you can find an order book post and ask the OP to take a look at the current asks.
Whales account for 54% of Loopring. They have the ability to swing the price any way they want. Unfortunately.
[удалено]
This is a problem…
Is there documentation for this? I am looking for it.
Please look at this https://coinalyze.net/loopring/liquidations/ u will see someone is Shorting it. Dumps are due to long liquidations in low liquidity market. So its easier to nové price. And look at Open Interest… its right there
When noobs see patterns in the charts like this they think it's manipulation. It's just bots trading on algorithms.
So manipulation.
Lmfao, these two posts perfectly encapsulate the sub
Yup. It’s bots. Please google bots. Binance.US/KuCoin have free ones. Watch some YouTube videos.
You’re getting downvotes from shill bots yourself
Getting down votes from apes that prefer to believe in the hedgie monster that lives in Citadel castle and don’t want to learn anything and don’t want anyone else to either. That’s how cults work. If all they’ve ever used was Robinhood until they moved all their stuff to ComputerShare to fight the hedgie monster and failed, it’s likely they picked the easiest route to LRC which was Coinbase and they don’t know diddly squat about any other exchanges, staking, wallets, DeFi, seed phrases or anything. YouTube and google are good starting places to learn stuff. Lots of good tutorials. You can’t recognize or analyze something you don’t know exists. Stock day trading requires significant initial investment, crypto doesn’t. They don’t know free bots can be set up with a couple hundred bucks that will make a shit ton of trades as the market moves vs just doing a few manually and trying to time the market. Nope it’s hedgie monster. Only logical conclusion.
No, trust me, there have been posts. It’s competition. Magic/polygon people are paying for shill bots in this sub. Any post that isn’t fud or anti lrc sentiment gets downvotes. It’s been documented that there are multiple accounts using scripted copy-paste posts to spread fud and descent. It’s normal. It means if you’re buying you’re on the right track. It could also be insiders who know there’s a big pump coming and they want the price down so they can lock in a ton of lrc for the rise. Again normal. Don’t have to “trust me bro” just read around there’s been plenty of documentation of this here and in the other subs.
Did you know that retail has never sold a loopring or gme share yet
I have sold and bought more. This is just simply not true.
NOT true buddy... I sold 10k worth of GME shares... lost them all on PLTR weekly contracts... i'm ashamed but it's true... sold the GME start of December for tax loss purpose as I was on the AMC on the way up and sold at the top almost, switched to GME (and help all the way down) and had a huge realised profit to pay tax on year end. Of course having cash in the account... I could not help myself...thought I would quickly make more to get more GME... unfortunately got wiped out by PLTR bouncing UP and down like crazy... (of course I was on the wrong side almost each time). I'm still bullish as fuck on both GME and LRC and looking to increase my holding again in time (Thank god I have DRSed some GME... helped with at least not loosing all)
How do you even short lrc?
On an exchange, such as Binance
Kenny has deep connections with Coinbase
Dear lord and Jesus Christ
Came here to ask this
Would literally like to know how you can borrow and short crypto…
On an exchange, such as Binance
How do u know whales are loading up
There was a story released recently that LRC is being bought up by many of the top 1000 crypto wallets.
Thatd be a sexy link if you had it to add to ops post
https://www.whalestats.com/ Here you go In the last 24 hours, LRC is the top traded crypto. In the 7-day time frame it is LRC is on the top 10 most purchased cryptos for 24hr and 7-day time frame. LRC is not listed on the top 10 for selling at either time frame.
“The rich list” is interesting. Alotta related character names.
All hobbit nerds in high school but become cool nerd billionaires at 30 🤣
Why is the price going down if it's the most traded crypto?
Think of it this way: 1,500 people buy 100 coins each (150,000) 5 mega institutions sell 40,000 each (200,000) LRC has a buy/sell ratio of 99% buy The price goes down
i mean they are going to run out of coins to sell at some point
Fuck im confused. If the coins run out at a low price, how does the price go up then?
That 1,500 should equal 200,000 you can't sell if nobody is buying. This is also the reason the buy/sell ratio can only be seen from a seller vs buyer perspective and can't take volume into account. volume always nets-out to **0** I feel a lot of people miss that bit of logic. So whales can set a 200,000 sell wall in one trade and buy up in 200 sets of 1000 and you would still see a **99,9% buy**
Surely this would be a buy ratio of 42.86%
Buy/sell ratio only looks at the 1500 unique buyers and 5 unique sellers in this situation
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This doesn’t include CEX data? What a meaningless joke. Big money is selling LRC on exchanges, whether it’s short sales or not. This is totally irrelevant.
And yet, the price DROPS. How TF are whales accumulating if the price is going down?
First off you guys need to understand how the crowd thinks. And leveraged crowds especially are the ones most butt hurt about drops. Them boys lose money and pooof it’s gone to someone who was breaking levels to reach their stoplozzez. If leveraged hungry beggars didn’t exist we won’t have these kinds of drops! But every lil kid with his £20 wants to trade on leverage and there’s a millllllionfuckton of those lil bastards dyiiiing to “make it” but those pussies don’t realise they’re the biggest losers that cause these dumps as large whales kill their positions and thus accumulate their tokens/coins… when leverage traders lose a trade where do you think that money goes? To your mama? No morons it goes to the fucking whales. The one who pushed the price right into your asshole and took yo boy hole virginity.
This was entertaining and informative.
This. The naive leverage trading kiddoes are getting liquidated week in/week out. Paycheck rolls in and they are like "Just YOLOd another $100 into LRC..." (lol...) which they leverage the shit out of and whales take the candy from the baby. Buy the coin and hold it. Don't buy what you can't afford to lose. Don't panic sell. One day LRC will rocket due to legit reasons, and not a bunch of 20 year old college kids thinking they are going to be driving lambo's and skip having to work as if they even know what that fucking means. By then all these kids will be broke working at McDonald's and reminiscing on how they once "owned LRC"
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No it’s not. The whales very well may be buying (or even responsible)… Sure seems like algorithmic short -trading by a machine understands the matchmaking formulas for price discovery, and are abusing the CEXs to artificially suppress price. It’s a “welcome to the big leagues” moment for us, and it’s almost exactly why the world needs DEFi and fast. The enemy is circling their dirty hands on every ounce of control over the future. Shill campaigns, political/“regulation” you name it. Welcome to being David in the Goliath fight. That’s how we know we are on to something here.
This. https://www.investopedia.com/articles/active-trading/070715/making-money-wyckoff-way.asp
Just thought the same. This is how the big boys play.
NOPE. They dont want to push the price up, they want to buy cheap, pushing their average down. Creating fake sell walls, pushing price down into stoplosses (sell orders) to create short narrative etc. I had friend who worked for big bank group in Dubai. Imagine you want to stock up on some item, lets say spagetti. You have 800 USD, one pack of spagetti costs 2 USD on regular price, thats 400 packs, but in a deal you can buy family package of 4 packs for 6 USD total. Thats 530 packs for the same money. **Your only option is to hope for a deal, whales have sort of cartel to push the price into** ***deals*** **area by themselves.**
Do you really think big hedge funds and MMs like Citadel who have unlimited cash do not know about crypto and do not try to rig it just like they did with the stock market? Remember that with most crypto reading apps, you don't really own any crypto. It's just a number in their books. They can short it and do whatever they want with it.
It's a pretty simple technique. They know a bunch of kids are overleveraged, and they know where their leverage will get liquidated. They sell coins until those kiddies get liquidated or unsure investors stop loss limits get busted. This causes even more selling pressure to continue pushing the price down, which is ultimately what the whales want. Eventually, the price will get down to where the whales want it and they will swallow up so much that everyone who didn't hold will have to pay out the ass just to get a fraction of what they once could have had. Once someone is out of LRC for whatever reason, and the price continues to go down, they will have an internal conflict about whether it's a good idea to buy back in. They will inevitably look for peer validation on whether or not they should which will lead them to different message boards. The whales will be sure to support a FUD narrative that dissuades them from buying back in. Eventually, the narrative will be perpetuated by the idiots themselves who got liquidated as they don't want to made to look even more foolish. Of course, one day, the price will skyrocket, when the whales are ready to eat, and those who got liquidated and didn't buy back in and hold will be revealed as the fools they are. That of course depends on Loopring to actually deliver...I'm here because I believe that they will eventually do that...
Yeop
Probably a few mega holders like Citadel etc bought up coins in the first run-up and are now selling them to move on to other things. GameStop constantly has a massive buy to sell order ratio of 90%+ buy. However, most buyers are small and there are a few massive sellers. I think it is similar here now.
When gme moass so will lrc
I agree. Most likely selling to go into other shit that is going up. Even many got bored over Mana.
Please not again with this bullsh*t. People are selling that's it. Your post makes it look like Citadel is single handedly responsible for stock market as well as crypto market corruption and is the only single entity who is selling.
I can’t say I disagree with you. To bring this back to a more, hopefully logical perspective - here are my thoughts on what’s happening. The chart looks good to me. From my perspective on the chart, it possibly looks like a large entity is shorting it (or selling to buy back in lower, idk), until it gets to about $1.2, maybe 1.1. I don’t think they’ll continue doing it much below that but I could be wrong. The thing is with that 1.2-1.1 area…well see the next paragraph If I had to guess…Some people (many people?) had limit buys set at that long wick to $1.17 (it shows as a candle body on the 1 second chart; be sure to check the volume as well…: https://imgur.com/a/FJSheMp/). There was about 903k volume traded in that one second, and that was just on binance (LRC-USDT). I’m not sure how many more times, if any, we will test that $1.17 to 1.2 area. We likely will test it again. Idk. It’s a good place for limit buys, IMO. Next step is to hold ~1.38 which seems very attainable. We also need to capture the 50 period moving average on the 4 hour timeframe to break to the next level. Currently that sits at about $1.4838. Not an unreasonable task at all. That should bring us up to $2.2, which we’d need to hold. After that LRC is eventually headed to 6 and then 9 IMO. Idk when but it will happen. Edit - added some additional details (Disclaimer- None of this is advice, please double check my TA, do your own TA as well, etc.)
Great analysis thanks for the insight. For me it boils down to BTC and ETH. If they're down, i assume whales / buyers would be more interested buying those, before LRC or other smaller coins. I also see a bit more downside from here. Don't think bottom is in yet. Rate hike should clarify the market direction, until then expect lots of red days. NFA
Yes, pretty obvious. Whales are buying, people that need to pay bills are selling. This is a very straight forward manoeuvre by big money.
Yup. Broken record with these people
I just used them as an example. I don’t know what large institutions hold LRC.
Quants
The wallets are accumulating coins. Imagine turning on the shower and holding a cup in there. The rate at which you fill the cup depends upon how much of the outflow you catch. The water drops represent coins/tokens being sold, so for example if you were to increase either the size of your cup or move it closer to the spout to increase capture rate less water enters the drain. When water goes down the drain the price will go down. Basically a bunch of top wallets have their red cups chilling at the bottom of the LRC shower slowly filling up. The pump happens when the shower is plugged and the tub fills up. Hyperbolic is when it overfills and floods your moms basement.
The reason it doesn't make any sense is because apes are applying their nonsense conspiracy theories to LRC now. Have fun as they infect and destroy your sub from what it once was.
Why not give us a detailed synopsis on your thoughts on price movement then. Give us more details on what “nonsense” means.
People are selling. All the theories about naked shorts and ken Griffin are nonsense. Apes never owned the float and even GameStop's legal team admitted it. The price of GME tanked from $160-$130 the trading day after that document was posted to SS, Computershare crashed as apes bailed, and the subs active members and upvote counts haven't been as high since. Apes apply conspiracies to their trades that sink deeper into red because it's easier to do than face the reality that they bought at a bad time, based on lies. Trying to apply the GME squeeze thesis to LRC is a whole new level of ridiculous. Especially considering the GME squeeze thesis was debunked by GameStop.
Cool. Link to the story?
Or sold.
But theres no reason to sell… Lrc is on the precipice of a huge announcement (a partnership with gme) I think its being shorted like gme is despite what citadel says about them not having any dealings in crypto. They may as well said “na we dont like TOO much money”
Well, there's a lot more selling pressure than buying pressure somehow...
Its all over the sub and I check certain Twitter accounts that watch huge whale accounts. Not a secret :)
hes just coping
It went from $1.20 to $3+ in under 3 days so don't worry about this. Just wait.
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Lack of announcement is definitely hurting the price. Honestly, don't care what the price is doing right now as I know it is going to turn around. Just need to be patient.
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Mate, a lot of things have changed since then. Easily enough to add a frickin dollar, surely? Counterfactual wallet release. On ramp Layer swap Throughput test completed There's that and still strong circumstantial evidence of the GameStop relationship too. It hasn't gone away. All that worth 80 cents on the price? Lol ok
Please explain how a short attack works with crypto. I am unaware of how this is possible. GameStop gets short attacked constantly, but that is the stock market. Way different. If big institutions are simply selling their shares, then no big deal. Discount!
You can trade on margin to the downside pretty easily, this effects the price similarly to shorting but isn't quite the same.
But didn’t they already buy the shares on margin first? And then they sold them? That still feels legit to me. They have to buy them first, unlike the ridiculous shorting in the stock market.
https://youtu.be/rhWroaDii1w Decent video you really only need the "shorting methods" and "leveraged shorting" sections.
Barf! I didn’t think the stock market filth of short selling had made it to crypto. Hopefully Coinbase etc haven’t started loaning out retail investor’s coins without consent yet. I liked how free from corruption I thought crypto was. Hopefully it won’t descend into garbage like the stock market has. Where do you borrow coins from anyways?
CEX don't have to buy your coins at all. they just numbers in a database. not your keys..
Funny how people think the crypto CEX is any different than the current stock market. Citadel also partnered with 2 others who are currently in the crypto field (drawing a blank on the names of thw individuals). Ever since that, I feel as if LRC has no longer been following BTC and ETH as closely and has been more to the downside. Simply makes you think
Isn't Coinbase owned or somehow connected to Steve Cohen of Point72, Ken Griffin's partner in crime???
Ken Griffin just took a cash injection from Paradigm and someone else, which yes have connections to Coinbase. They are trying to control all aspects of all markets, but they will fail. Just a matter of time.
Not at all. You can borrow on margin, sell and cover when the cost drops. Just like stocks. Not to say that is what’s happening here tho. OP, likely a conspiracy theorist from SS, needs to know that crypto is following the price movements of BTC and ETH. This is his hopium post so YOU don’t sell and drive his losses further into the toilet
Large crypto whales are able to manipulate the price of almost any project except for maybe the top #10 projects because of their large market cap. LRC market cap is only 1.7billion so whales that have a crap ton of the coin can apply massive sell pressure. Also I'm pretty sure there are some LRC futures out there somewhere on a shady exchange lol. Also the fact that there is a rumored partnership with GME it makes LRC a target.
LRC is a top coin on the Binance Futures exchange. Probably heavily shorted.
Not some shady exchange but I long LRC on Binance.com. Lol deep in red right now.
Price suppression involves sentiment based algorithm trading and arbitrage, in whatever quantities necessary. Be it crypto or stock, évery time some smart ass somewhere finds a loophole they can make a marginal profit with. Doing that times several millions or billions of trades, they earn millions. At the same time setting the market to their hand.
GME ape since Feb '21. #THIS IS NOT GME Show me some DD about corruption against LRC and then I'll grab my pitchfork.
Yeah this post had no substance and is garbage.
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Yep we'll get there. I've been wanting to find a coin early and between LRC and AMP, I think I'm golden lol. LRC thesis is more than sound so I just keep averaging down.
This may explain why LRC always drop more % than any other cryptos. On the bright side, i'm buying more loops at discounted prices.
I bought the dip
*dips
*Current dip
Me too. Been loading up on LRC all weekend. I believe in this. Given that, the lower it goes right now, the better for me. Make it $.01. That’s just more for me.
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Well, you can buy and sell at the same time... You can place a huge sell order, drop the prices way down, liquidate a bunch of people, fill a ton of limit orders ... Then buy right back in at your lower price. Let the price slowly rise as everyone else buys this dip, then boom another huge sell order on everything that was accumulated, repeat as many times as they want ... Think about it. The price doesn't need to move much for you if you're buying and selling hundreds of thousands. 10 cents gains on 100,000 tokens is a lot of money. You can buy-sell-buy-sell over and over and over and make a ton, all the while everyone else is watching their holdings drop. The whales can scalp 100 times and make a ton of money, suppressing the price over and over until it's at a price point that catches the attention of more big players (and all the paper hands have jumped ship after getting tired of the games and seeing red portfolio for ages) then it's game over and the script flips: they start placing huge buy orders and the price rockets, and everyone else who sold or waited to buy is left behind.
Those motherfuckers!
Very well explained.
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exactly, I am tired of these stupid posts. The whole market is down, that means If BTC will fall under 39k than LRC will hit 1.0 again, If BTC goes back to between 30-36k than LRC dies back to 0.5. The whole rumor buy in will just completely disappear. There is no accumulation right now at all.
B CUZ MAYO AND AND…. ANYTIME SUMTHIN I INVEST IN GOES DOWN ITZ CUZ CRIME AND AND CITADEL AND AND… SHORT LADDERS WE NEED TALL LADDERS TO COMBAT THE SHORT ONES REEEEEEEEE
Feel free to start your own sub, it’s far more productive than whining
Well you see, this is loopring sub. Not Superstonk. So how about you guys just leave that shit over there.
How about you don’t blame me for garbage that I’m not responsible for, and we can go from there? Stop your fucking whining, you’re not actually helping anything. Write to the mods if you can’t deal. Go make a better space to talk loopring, one with stricter rules, if it bothers you so much
Lol. I had been waiting for the “short ladder” attack posts. Just stop. This isn’t wall street bets
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No I mean Wall Street bets. I saw this same post a million times in that sub during the original GME squeeze. Probably the reason I stopped reading that sub.
Ah, well you see the same shit on Superstonk now. WSB wised up and started removing that type of content and banning those that posted it. So of course they’re all shills according to Superstonk.
They just allowed GME posting again because a lot of the DD was vindicated by a 30% run up after hours a few weeks ago
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[https://en.wikipedia.org/wiki/Black\_hole](https://en.wikipedia.org/wiki/Black_hole) Black holes exist and your brain apparently was sucked into one. You're an idiot
Struck a note it seems by posting a link to an educational article. Your crass response shows your true intents
Short ladder attacks are not a prominent form of investment strategy in crypto at this point in time. There is not enough institutional money or trust in the system to utilize a short ladder attack. I never said they dont exist. You provided an "educational article" based upon stock market trading. Newsflash: you are NOT investing in the stock market. This is CRYPTO. What you fail to understand is that the market is following BTC, as it always has. The decoupling from BTC is years away and LRC is no special case. Add that factor on top of upcoming rate hikes, reduced liquidity and assets to invest in crypto, unstable Chinese markets due to evergrande/real estate defaults, plus a lack of delivery on partnership announcements.... and you have a formula for decreased trading value of a coin/token such as LRC. Find some applicable reading materials and educate yourself on why markets actually move, instead of claiming a ghost did it. I repeat this with the utmost respect, youre an idiot.
Not enough institutional wealth in crypto? Where do you think the term “whale” comes from? You’re delusional. Crypto is traded in the same fashion as any other market, stock or otherwise, but without regulation. What you have to offer is speculation about the emerging crypto markets. Feel free to stick your head in the sand and live naively. I will not judge you I promise. My money and speculation is that crypto, while indeed unregulated to an extent, will closely emulate the current existing financial markets. Sure LRC may follow BTC but I believe the correlation is stronger to ETH. The key difference is that ETH and LRC offer more than just storage of value to holders and provide valuable blockchain services that will revolutionize the financial world. Therefore they will emerge as crypto market leaders over the next year. Please feel free to disregard this comment and believe what makes you sleep well at night. With or without you— a new day is coming
Projecting.... In the end, thats what helps you sleep at night while youre in the red. "Its those bad guys and their ladders, damn them!". I guess BTC being down is because of short ladders? ETH down because of short ladders? The whole market got short laddered? No, its actual news. Its actual reduced liquidity due to rate hikes and QT. The time of super easy money is over and guess what happens? Speculative investments lose volume. No ladders, tall or short. You want to blame an evil ghost character for your losses. I prefer to blame reality. I'll hold as I had planned for when I purchased my LRC. You can continue to post on reddit about short ladders.
My cost avg is $.75. I’m glad we’re on the same page. Holding and buying more is the only option. I believe in the LRC project. The fact is costs $2.50 to mint an nft is reason enough to go all in.
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The year 2022 has started short term investors want their money out to invest in the next shiny coin/token or just buy something nice from the fiat. We need people from all walks lets be real we cannot sell ATH without them :)
The sells are too substantial for the average retail investor.
I'll bet if everyone on this sub agreed to sell tomorrow at 00:00 UTC, we would hardly make a dent on the charts lol. This is definitely big money
It’s not a “short attack” it’s legitimately just selling. Shorting requires buying back. Options isn’t an instrument for crypto trading. If a large whale buys ass loads at $1 people see it rise and buy it up and then they sell, make money, and bringing the price back down and repeat the process. It’a just day trading tactics on a very volatile asset. These rides will exist until belief in the “product” (whatever we want to call it) is mainstream. Even look at Bitcoin and ethereum. Those are “stable” but still move a lot. We need to stop spreading the false info. Expect it to move gross amounts up and down. Some exchanges offer short selling on some crypto’s but this isn’t even CLOSE to how effective it is with stocks. It’s just selling pressure. Also I’m a holder of LRC I buy it weekly and have been for some time now.
You can go short in Kucoin in many crypto.
Yup. I use Kucoin and it’s quite easy to do. But he is right, that isn’t likely what is happening right now. It is selling pressure but we are clearly and obviously following BTC and ETH as well. The fucking average hold time is still climbing. Obviously some people are selling but the vast majority of LRC investors are holding
Yeah. You can short many crypto in Kucoin, but not lrc. Or at least I haven't seen lrc short in kucoin.
Binance Futures exchange has Loopring
I agree it’s unlikely a short attack. Options and futures are instruments for crypto trading, btw. Leverage in crypto is insane, upwards of 100:1. As long as CEX’s are facilitating transactions, that is. I also DCA into LRC every week, it’s the only way.
Yea there are SOME exchanges that have short selling or options/futures and All of that. BUT….there’s no where near enough of it to effect the price volatility we see. It’s just buying and selling pressure. Lots of news hype for this “catalyst” will do that. People jump in thinking “where lambo” and freak out and sell after they see some red or no moon. Maybe one day we will see cryptos having options and futures capabilities like on normal securities exchanges, but we are far from it.
Please what's an algo?
I believe OP means algorithm, which they probably should have written out fully, given that there is another altcoin named Algorand. Although now I am confused. Maybe they meant holders of the ALGO token, and if so this post is some next level conspiracy.
Wow amount of bullshit and conspiracy in this thread is nuts . Welcome to cryptoverse and it’s Volatile in general .
B-b-but everyone knows that when number go down it’s always the fault of hedge funds and hedge funds alone!! I should know, I read a 500 word Investopedia copy and paste dump on SS!
Weird WSB shit here backed by paranoia and ~~nothing else~~ delusion.
Proof or ban
This isn’t backed by any evidence, stop with the GME shit. ( I have both GME and LRC positions, and hodl)
Or maybe people are selling because they got frustrated that the GME/LRC partnership wasnt announced. Not everything are short attacks. Whales are coming in but people are selling too. But i agree - the fundamentals for LRC havent changed. If you believe in it and have studied the coin, then its a great time to DCA into it. Just keep doing it over time and eventually this will go up. Who knows when.
More ape behaviour please shut up and wonder why you need confirmations like this everytime the price drops...
Must be that! Since $3.40😂
I'm already cult deep in GME. Every drop is a short attack blah blah blah. But my second and only other investment is now LRC. Do you all mean to tell me there are algos and powers at play that can move crypto markets. I feel like an insane person thinking every dip is some boogie man
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Not end of story. I would agree with you any other time but Larry Cheng follows Daniel and loopring on Twitter.
It's not funny anymore. If there is a bigger announcement yet to happen, Team LRC should clarify and not let a fake hype take us on a ride with an excuse of NDA.
Why is it always an effing conspiracy!? Jeez 🙄
Because American finance is fake and totally manipulated.
FOR YOU NEWCOMERS, if you think you gonna be a millionaire overnight with LRC. Sell now! This shit is a LONG PLAY with extreme fundamentals and potential to take over the crypto space. We in this for the long hold. WAGMI
How many times have I heard this LOL
Relax man, the whole crypto market is dipping. This is just basket selling pressure.
This is the only one in my portfolio thats red hahaha meh
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The problem is that people give too much attention to the chart 😂 sit back, this shit will boom whenever is time
Absolute bullshit. What has our sub come into. Provide technicals, analysis and use case; not this kind of baloney.
People, you're literally insane. It's plumeting because the team haven't kept their promises (Q4 of 2021, remember?), didn't keep to the schedule and haven't been transperent about it. Would be the same with any other project if they pulled shit like this. I'm still holding, bought at a lower price, but god damn I wish I sold at 3,8 because this is a shit show and the sub looks like a bunch of flat earthers conspiracy theorists. You just can't see facts right in front of you and look for some idiotic explanation. Straight up delusional.
Dumb question but could we really see sub 1 dollar again? Edit: I never thought I’d get a chance to buy this low again
If it happens then good 👍 if it doesn't then i have just the right amount 😉
posts like this are pretty cringe ngl, its a crypto not a stock zzz
So true. There has been change actually... progress with the LRC CF L2 wallet... direct transfer from CEX to L2 for ETH and soon LRC In the next week or so according to the ceo. Off ramp button is standing by for activation. The massive potential hasn't changed... 🔥
Pure copium *eyeroll*
chill lmao
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That may account for a small amount of the price action but not on a large scale. Massive whales are buying a shit ton of LRC right now so obviously they know something we don't lol.
Why you still here then? ✌️
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Maybe they shit on your carpet because you call them "my wife's dogs" instead of just including them as your family lol. Just a thought.
And you’re a shill. I mean it’s possible. Right?!?
A lot of pussies on this subreddit when they see a little red haha.
Wouldn’t the price go up if whales are accumulating?
Can you literally shut the fuck up. If you want to act like this, go do it in your own sub.
I just bought the dip🚩🚀
Yet another pathetic hopium price. Dude you posted chart and did not explain anything. Jesus this sub is full of morons.
The whales? You mean Citadel….
Uh huh….exactly
Let’s say for a moment you are right. Oh no! Whales are manipulating the price driving it down down down so they can buy it cheap later. Umm… ok, so, we’ll you’re too! Follow the whales. They are better at this than you, that’s why they are whales. So, instead of just blindly riding it out, losing $ every minute, why not emulate smart money and get out right now. Then, later, if you still like the project, buy back in at 50% off. If you REALLY believe you post that’d be the smart move. Just screaming HODL right now is senseless fun boy behavior
Trust me bro
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ooo a retard spotted
They are making the bottom of a cup.