Vancvillan

ETFs are for sure a driver but I also wonder how much people are front-running narratives. 

With the halving coming up, everyone is expecting BTC in 6 figs and eth to ATH, so I think we might see things move earlier than normal.

The flip side, based purely on historical info, is that April is typically not great and May is a blood bath, then it gets choppy until the end of summer and we rip again. 

I'm not waiting for April personally - I've been balls deep in ETH and alts for two years, but am starting to move into a small stables position where I can farm points for confirmed airdrops.  Won't be going more than 40% stables but it'll be the most I've held since 2021. If I miss some of the rip I don't care - I need to hedge a bit to sleep better.

3 hours ago, rjw63 said:

Mundane is how I'd describe 'em. Very uninteresting.

A bit like Olbiyun.

Yeah I don't like Star Wars either.

Fwiw btc broke ath in a fair few countries.

But I think it did this last time - flirted with ath for 2-3 weeks then shit through it.

6 hours ago, Genie said:

ETH breaks $3k

L2 staking / aidrop narrative is strong right now, hard to ignore 30% apy and points farming on Eth.

10 minutes ago, Straggler said:

a self selecting group of the gullible all primed and ready for a good grifting

VT should've gone public in the Dr Tony years.

anyone here know much about blast eco?

4 hours ago, PieFacE said:

Nah 1% of the total supply was bridged to Ethereum as part of a partnership with MUBI. 

Doesn't appear to be a lot of DeFi BRC20 projects to me, tons of ERC20 projects tho.

My thinking for OOFP is simply:

• Supply - 6m tokens
• Fair Launch
• Project only launched in late December and immediately partnered and got listed on Kucoin. Kucoin (imo) wouldn't do this unless they were sure of a product in development.
• Roadmap states it should be a busy year for them
• Bitcoin ETF, halving and bull market hype - Lots of that money will flow into the BRC ecosystem (imo)
• Interest in BRC20 tokens is ever growing

This is just a straight gamble for me, it's pure speculation based on the hype around BRC20 and the fact it's a bull market. I wouldn't recommend anyone else purchase it, but it was something I was comfortable doing.

I managed to get in at $0.25-0.30. It hasn't hit those prices since and considering we're in a bull market it may not do again for another 18months. As I said earlier, it's either 0 or 7 figures for me on this one. 0 being far more likely.  It's definitely not a project that I bought into for the fundamentals. 

thanks for all the info - makes way more sense, couldn't understand why you were excited about a 35k mcap coin with no vol!

I don't know much about trading on cex, am so used to onchain now that I'm probably missing a bunch of opportunities but I guess you can't be everywhere at once

7 hours ago, PieFacE said:

Sounds like an interesting idea. The type of thing that tends to do well in a bull market especially if they get celebrity endorsements. 

I quite like the odd microcap gamble, I bought one recently called "OOFP". BRC20 token that will attempt DeFi on the Bitcoin network.

Everything about it screams scam other than the fact that they partnered with Kucoin and got listed straight away. Which makes me think they must be somewhat legit (and is the only reason I bought it). But i'm not totally convinced. With a 6m supply, that investment is either going to 0 or 7 figures 

0 is far more likely. 

is the uniswap pool community deployed? It's super thin liquidity (not locked), no vol and ca isnt renounced. They don't have an official telegram or discord either.

Just curious what your bull case is in this - I don't know a ton about brc20 but it feels like a pretty crowded market, especially in staking / restaking.

Think "sell in May and go away" is still going to be a thing. Will probably see a dip at some point in March / April / May, roaring back to life in the second half of 2024.

On 18/01/2024 at 12:58, Panto_Villan said:

This is the other problem I have with crypto - I never feel like I should sell it. It keeps going up, right? I'm sure that'll never change.

I had a friend who got into bitcoin really really early, and he just sold 10% of his crypto every year, no matter what level the price was at. Smart guy. Ended up buying a house in London with the money.

Realistically my money in crypto is worthless because I'll still be holding it whenever the music finally stops.

Respectfully your friend's experience is not going to influence the current market. If you keep waiting for big pumps you'll be left bag holding.

Take initials out at 2-3x if you believe in the project and let the rest ride as free money.

Or take profit on the whole stack at 2-3x and move on because what was hot yesterday is dead tomorrow.

On 06/02/2024 at 06:45, Genie said:

There’s so many crypto coins now, all making bullish statements and claims of going to the moon. It’s basically a lottery to back one that pumps big. It’ll be pure luck. 

I do still have a few bits and bobs just in case “it’s meeeeee”.

If you've been holding and active a while it's worth keeping up with airdrops. Tia and dym had free money for evm users recently, jup was decent for solana.

I think this year will be big for airdrops with a lot of evm l2s and modular projects launching mainnets, if you've been fairly active and / or using protocols that don't have tokens (eg bridges) you might be due an unexpected windfall but you typically have to claim within a window or it's gone.

On the broader front I think metamask has to drop something soon, and coin base will eventually (maybe even to cex users) otherwise Base will die and shareholders will be angry.

Personally I think wallet / terminal drops will be low but if you've used the product a lot (rabby, thunder, etc) it might be non-trivial. Stuff like eigenlayer is going to be big but crowded, while smaller projects like mode might have no headlines but are also less congested. Berachain is the inverse - you can farm an airdrop using testnet tokens but so many people are already miles ahead of you so it's almost pointless.

As for narrative trading - unless you're an insider or online 16 hours a day it's tough, you just don't have an edge. You can swing trade memes for a 2-3x but it's a grind - win a few then get rugged repeatedly.

If you think there's an undervalued utility token then it's worth a punt, but crypto goons won't hold for even 50% apy - yield is a meme, price is the driver and they're looking at 1 sec candles.

On your holdings - if you wouldn't buy them again at today's prices I'd dump and stay agile personally, but longer term defi plays might work out. Maybe unibot could catch retail if they can smooth out account abstraction, something like Pendle with interest rate swaps would be attractive to tradfi, and I'm still waiting for the killer options / 0dte proticol.

Obviously not financial advice and everything I mentioned is going to zero.

Good luck out there. 

6 hours ago, VillaChris said:

someone to hopefully build up for next 2-3 years to eventually take over from Emi.

Emi is 31. I'm hoping he joins the illustrious ranks of keepers who made it to their 40's playing topflight football, alongside Steve Ogrizovic, Neville Southall and some American guy we sold to Spurs.

Thought Villa would dominate after signing Collymore. Literally saw him as the Brummie Ronaldo. Made this statement publicly but now deny all knowledge.

56 minutes ago, foreveryoung said:

But listening to Noel Gallagher on Talksport

To paraphrase the clearing in the woods, gonna-be's like us shouldn't listen to has-beens

First thing I did was check to make sure Don Unai's name wasn't on any of the bookie's lists.

Second thing I did was laugh my ass off.

Yannick Bolasie came on

On 19/01/2024 at 03:30, tonyh29 said:

His policy towards Iran in a petty bid to scrap Obama's flagship policy could have been deemed dangerous , but Biden's administration doesn't appear to have made any moves to reverse it and indeed assassinated one of Irans top generals in 2020 , which  took them close to war  

Qasem Soleimani was assassinated in Jan 2020, eleven months before Biden came to power. As you say, this was an action that nearly bought about war after scrapping a peace deal with no fallback option. I'd call that pretty dangerous.

You'll have to forgive me for not fact checking the rest since that was a pretty well know Trump administration action.

4 minutes ago, calcifer said:

Is that his value? Are they on mushrooms? 

Fair market value for the 16th best keeper in the world.

Transfermarkt lol

20 hours ago, HanoiVillan said:

Maybe you're saying this rhetorically, but I don't understand why people get mad about this stuff.

I think it's the fact that he earns more in one year than most people would see in five (to fifty) generations and he has absolutely zero humility. The way he tells it, he's earned that and is worth it.

Which, when compared to almost every other occupation and standard of competency is sickening. Literally, not figuratively.

He's not the only example by a long shot, but he's emblematic of everything that's wrong with the people - a grifter who thinks he's exceptional and is owed whatever he can take.

14 hours ago, Pongo Waring said:

Let's pretend he's never played play for Villa before in his life. And we've signed him straight from Plymouth. 

Would you be excited over signing KKH?

It’s really more “let’s pretend Arsenal’s former u18 captain had only played 38 games of championship football at 21 but had a stormer vs Man City while playing for a league two side and gave a good account of himself when Arsenal’s U21 team played Liverpool. Also you get him on a free and low wages”

Not saying he’ll come good, just think context is important.