They compliment each other.
They aim to do the same thing with different trade offs. If you take off the “Bitcoin only” glasses it becomes obvious.
MSTR will likely dump again, Saylor diluted shares again when it looked like it had a real chance to break above $200 and now there will be some selling for tax loss harvesting. If Bitcoin decides to decline at the same time it will only worsen the outlook.
Bitcoin and Monero
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💯 only the loud ones hate it, most at least can appreciate the mission.
I should have say bitcoin market weak. Precious metals may still have some steam but hard to say when and how much they will correct eventually. I have a bit in platinum and palladium and a couple other commodities but nothing gold or silver.
I was not impressed either. Wouldn’t say worst but it definitely didnt do much for me.
Was just curious more than anything, thanks for answering
So dilute shareholders to buy bitcoin?
So you think we just turn into the S&P and slow grind to Valhalla? Dunno we nuked 30% in a month I don’t think we’re out on easy street yet. More pain ahead for the over leveraged and over allocated.
I agree with the patient part. I do not share your optimism for next year in terms of price action.
What about a lightning network for Monero, any potential benefits here or any developments?
Metals have survived as money for 1000s of years for a reason. Should not be overlooked.
Keep some dirty fiat put aside as there are going to be lots of good future buying opportunities
No pump on rate cut and start of QE, market showing weakness when even bullish news can’t lift the price.
?itemid=8603047 not an ambi-turner? 🙃 😉
Not an ambi-turner? ?itemid=8603047 😆
Agree. Exactly that’s why I use all 3.
To be expected off such a sharp decline one of the sharpest in its history. Never goes straight down just like it never goes straight up and still within the down trend.
That’s more the technical side on a fundamental side some red flags were insane demand by ETFs and MSTR yet lackluster price action. A lot of early bitcoiners sold a shit ton, so either a/ lost faith in bitcoin or b/ getting out expecting to buy back lower. Whales are not dumb they are whales for a reason so either way it looks bearish. There is also all the core / knots drama which is very bad for sentiment. We also had a very bearish Q4 which is typically fireworks time, this coinciding with rate cuts also bullish, the fact that these bullish news events were met with bearish price action is a clear sign. It a bull market the price shrugs off bearish news and climbs higher in a bearish market it shrugs off bullish news and goes lower.
Yea he explained himself and I believe him. No issue with him
Yes but there are some other signs like we broke below a major trend line that has been holding up for years, April crash still bounced off the trend line. There are also a ton of similarities between the 2021 peak and 2025. Price was making new highs but the RSI was making lower highs same as previous cycles. The current bounce is staying within the current downtrend line so it still looks more like a relief rally than a reversal. Not saying it isn’t possible but is looking unlikely. The trend is right until it breaks or shows signs of breaking, nothing yet.
We could get a special price as early as Christmas if Santa permits it.
These little bounces are still within the major downtrend, just a bit of relief and probably some shorts covering and taking profits. We could get some more momentum in December but I think it will be short lived.
lol for real tho shareholders getting fucked
Agreed it’s gonna get ugly.
When green line goes above red line big tings happen
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