₦airaland Forum

Ibime:
Remember the story of Icarus who flew and flew higher and higher till he reached the sun and his wings melted? Collapse always comes at the height of achievement. There is always fud that can be overcome eg 5% of Ethereum got hacked and stolen in 2017 causing the hard fork, yet the market pressed on after 3 months cool off.

But a big fud that causes major institutional players to stop offering BeeTee as an investment will be the one to end it. That could be via regulation, a major hack or slow spreading of fear as price goes down eg if selloffs continue from Elons tweet. Put yourself in the shoes of an Investment bank desk knowing this thing only goes up when new entrants buy, and knowing that Elons fud will deter new institutional entrants with enough money to move the market. That investment desk may already be 50% up on their investment which is already unbelievable returns for them and now may be the time to take profits. Those guys no dey look face.

In essence, we should play this with caution. The more price keeps going down, the more likely a bearish scenario starts to become.

In my view, the next bull cycle may not be led by BeeTee. I always think that when Institutions pump something and ruin it, it never comes back. 2011 cycle was led by Devs and miners, 2014 by devs and retail, 2017 by retail. This is the first bull cycle to be led by Institutions and it may be the last. If we enter a long bear, don't be surprised to see a Defi solution as the one to lead the next bull market, and BeeTee relevance begin to fade.

IyaTola:
Telsa is supposedly dumping their BTC.. That explains the current market situation.

Bitcoin about to hit 30k

DigitalMallam:
I waited this long before giving crypt0 a trial, and it didn't pay me in the end. I tested with profit from other investment so my loss isn't major, but I am hearing news some folks might just commit suicide before daybreak tomorrow. I've always been skeptical about the whole digital coyn, there's really no fundamental behind it, no regulations. A mere tweet from moneybags or celebrity can swing the price

jedisco:
WTF is this

Reason why I keep off new and popular coyns until the hype has died down....then I evaluate how many trapped folks are looking to escape

YoungDaNaval:
Make e dip to $1k make I go sell my house buy like 30

Ojemedad:
Haha, we dey reason alike

jedisco:
But quick question....
What was betece's performance before institutions came along?

jedisco:
Secondly, do you really think big money isn't layering into this dip?..... .

jedisco:
If no one was buying, it'd have dipped to 20k already.... As brutal as the capitulation to 4k last year was it was guzzled up....

Ibime:
Top at $20k last bullrun. This run has been propelled by institutions right from PayPal announcement to Square investment to Michael Sailors group.



Some may be, but you have to question where they expect their returns to come from. They are handling other people's money who expect returns at the end of the day. This was a coin that struggled to surpass $60k with all the institutional investment and Elon driving it. They have to be wary at what their returns will be from this stage.



The last bullrun took two weeks to come to an end from Dec 31st 2017 to Jan 18th 2018. Stuff won't just drop overnight. We maybe in a 30% correction or we may have topped, na to play am with caution. I have even closed the positions I opened earlier today. Let me go back to Siddon look mode till I see a return of confidence.

As things stand, I only have two meme shitcoins coins I'm holding and I'm just waiting for a coin I invested in presale to IDO in two weeks. The listing price of the coin I bought on IDO should yield me about 2 BTC. I'm praying bullrun isn't over and IDO goes through with no hitches

BABYharder:
. that's NG cryptocurrency ban be that.
No more direct funding through your bank account dear

IyaTola:
Telsa is supposedly dumping their BTC.. That explains the current market situation.

Bitcoin about to hit 30k

Goodoption:
Boss what is the name of the coin

afroxyz:
Tesla has said they have no intention to sell their Btc

youngmusty:
i dont understand where people see thier own news and just make people panick lol..

bigx:
Pages 1 - 805

We read more in school for courses we paid for that didn't give N1.

Ibime:
Top at $20k last bullrun. This run has been propelled by institutions right from PayPal announcement to Square investment to Michael Sailors group.



Some may be, but you have to question where they expect their returns to come from. They are handling other people's money who expect returns at the end of the day. This was a coin that struggled to surpass $60k with all the institutional investment and Elon driving it. They have to be wary at what their returns will be from this stage.



The last bullrun took two weeks to come to an end from Dec 31st 2017 to Jan 18th 2018. Stuff won't just drop overnight. We maybe in a 30% correction or we may have topped, na to play am with caution. I have even closed the positions I opened earlier today. Let me go back to Siddon look mode till I see a return of confidence.

As things stand, I only have two meme shitcoins coins I'm holding and I'm just waiting for a coin I invested in presale to IDO in two weeks. The listing price of the coin I bought on IDO should yield me about 2 BTC. I'm praying bullrun isn't over and IDO goes through with no hitches

nwele2017:
drop your number

jedisco:
Out of curiosity, at what price did you sell?

omeiza49ja:
Bros abeg I dey your back

Ibime:
I didn't buy BeeTee, I bought LTC and EOS and dipped.out at 3% reversion

Ibime:
Presale is closed. Na IDO remain. Coin is Divine

jedisco:
Ok... But at what rate did you sell?

Just curious

Ibime:
Presale is closed. Na IDO remain. Coin is Divine

Goodoption:
Can I still buy now and where can I buy now

Ibime:
You can buy at IDO on June 3rd.

Ibime:
EOS at 9.71 and LTC at 291

afroxyz:
Its true o. Just saw it now

https://www.bloomberg.com/news/articles/2021-05-16/musk-implies-tesla-may-sell-or-has-sold-bitcoin-holdings?utm_medium=social&utm_source=twitter&utm_content=business&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business

Juat to be clear, Elon only implied, not that he made a clear statement. There is a twitter war between him and McCormack. Days earlier he tweeted that Tesla would not sell their BTC holdings. One thing i know for sure, na Tesla stock go suffer am.

Neverlosemoney:
Lol......why do people find this comment interesting Honestly, I was just intrigued by the moniker; the name “ebubey” in my native language it means insect, a certain type of insect. Surprisingly, the face behind the moniker do not look like insect at all . I just decided to reply her question, and I added even more not knowing there are non- beautiful ladies lurking around, whom will be coming to take my head . Just joking, apology if I offend anyone, I might over joke sometimes...to all the ladies in the house, who felt offended, apology

Goodoption:
Is the June 3rd the time it be listed?

Ibime:
It will be listed immediately IDO is complete, usually within minutes or hours of IDO completion.

BTW, I don't buy coins on listing if I didn't get in on IDO. I wait for post IDO dump to be completed before buying. Just so you are aware.

When you have a private presale and an IDO
, you have more dumping pressure, both from those in private presale and those who got in on IDO.

Goodoption:
What is IDO sir

No vex