Thread 60847492

Is this actually even bullish or bearish?
(There wasn't nearly as many alts 8 years ago so its bearish isnt it)

>>60847492 (OP)
>oversold
it can always be more over

>>60847492 (OP)
>10:15am
So it unironically dumped immediately after this was posted? LMFAO

>>60847492 (OP)
95% of alts in the top 100 are literally not needed and scams and 99% of alts in top 1,000 are scams.

What is coming is an altcoin bear of death. You’ll see most alt coins get squeezed out of all their liquidity and become forever dead. This is the crypto reset that is coming and will be the next bear. After this meme coins and scam alts will be a thing of the past, only coins like XRP, BTC, ETH, BNB will be around

gigabullish, nobody's considering an extended cycle even though each cycle has been extending by 4 months every time
there will be shitty price action for the rest f the expected cycle and a flush out in nov/dec before the real final move where alts break out

>>60847492 (OP)
>chart clearly shows they were this oversold in 2024 and 2023, not 8 years ago
>157k views
jfc crypto is full of retards

>>60847564
It says "this oversold" meaning it wasnt as bad in a short period maybe, although the 2023 sell in q4 felt like it was over thats when icp went to 2$ and then rallied to 20

>>60847545
>extended cycle
I give up. Every time we pump we just dump harder. We are just in a zoo exhibit now and they are poking sticks at us.

>>60847523
>XRP
>BNB
>not scams
-______-

>>60847492 (OP)
maybe alts are just over

>>60847492 (OP)
It can get worse considering people are starting to wake up to the fact altcoins are nothing but empty promises and a lot of bullshit. Nobody is interested in adopting these technologies and nobody serious is looking at blockchain tech, they are all looking at AI and with the lingering thought of AGI becoming a thing in the near future, even less people are thinking about the blockchain. It's over. Those who haven't sold are just holding on out to be pedantic.

todays dump has been extremely bullish (not necessarily for BTC)

>>60847492 (OP)
Laugh wehn they keep dumping.

>>60847662
BNB actually gives discount to trade on Binance, as every governance token.
XRP is truly a scam. TNN but corporate version.

>>60847523
>What is coming is an altcoin bear of death.
I agree with this. It will be BAD. I'm not a bear and hold a ton of alts right now, but will sell everything.

>>60847492 (OP)
Still 0 top indicators hit

>>60847492 (OP)
It's not possible to over sell something that's worth zero.

>>60847523
this, god, please.

we dont need all the money diluted over 1 million things and wallstreet will hopefully teach them that lesson

>>60847492 (OP)
Trump's corruption has killed crypto. He needs monthly bribes of hundreds of millions for his continued support, so all the money one used to pump alts are going directly into his pockets/coins

>>60847523
Bingo

99% is not needed

only things like XRP and BTC will survive, maybe XLM and HBAR too

>>60850671
The purpose of a blockchain is decentralization. Aside from BTC, everything you mentioned is centralized and run by a company/VC backed premine shit (therefore no blockchain needed. Can just run it on a centralized server like google bigtable like Solana does).

The purpose of a blockchain is decentralization and immutability. If it's centralized, there's no immutability and it's subject to government control (i.e. company issued fiat and therefore worthless)

>>60850664
Good, I voted for this.

>>60850815
This is why when crypto does have its' institution fueled crash, the only ones to make it out of the wreckage will be mega centralized bankcoins (eth, xrp, and probably a few others) and the high tier pow coins (btc, ltc/doge, xmr)
There will be a few other diamonds in the rough, but they'll be rare and probably 'sit out' a cycle or two before regaining momentum

>>60847523
Isn’t XRP a dead chain with like 30 DAU? Why would it be needed?

>>60850887
It isn’t, it’s actually king of the exact type of deathbed alts he’s talking about, but like everyone else he’s just shilling his shitcoin bags then throwing in BTC and ETH to seek legitimate. XRP, ADA, EOS, XLM, etc all completely dead chains of yesteryear. No difference other than market cap.

>>60847622
>Every time we pump we just dump harder
2024 was the last time we had any organic price action across the board but trump and his goons fucked it all up. Every pump we had this year so far was fake and gay. The Market Manipulators are trying to farm whatever exit liquidity they can before pulling the plug, again. Even with eth and btc hitting ATH, most shitcoins are still down 50-90%. People are trying against alts but in reality it’s crypto as a whole that’s about to get fucked.

>>60847523
Coins that have a CEO and are compliant will digital assets, everything else will be monopoly money.