chickenboye

chickenboye Updated 

This chart is mainly created as a centralized resource to monitor the ratio between the first two (And currently, only) reddit "community points" which are on the blockchain and distributed via reddit's official app. These two points R/cryptocurrency "moons" and R/fortniteBR "Bricks". moons are especially interesting to me because to advertise on the...

chickenboye Updated 

simple idea, if a little ugly. the market is ugly too. when everything else is dangerous, gold starts to look good. this could be a relatively low-risk trade here, even with some low leverage. NFA. How do you like to get exposure to gold?

chickenboye Updated 

Monero has been in a 9-month+ up-trend against Bitcoin. People are starting to realize L2 solutions are fundamentally flawed, and using Bitcoin is like shitting in a glass bathroom. If we can close above the 200W SMA, expect to see some serious shit. "If Bitcoin is a hedge against the dollar, Monero is a hedge against Bitcoin."

chickenboye Updated 

gold is holding very strongly with a massive healthy wedge forming possibly on top of a multi-year cup and handle - if my autism is calibrated correctly, we are looking at a minimum of $2700/oz for our favorite shiny boomer rock inflation is high, rates are low; fed is in an impossible situation. save the dollar and crash the economy? or crash the dollar and...

chickenboye

Clearly, this is expert-tier TA. You can bet the farm on this one. Maybe not the real-estate, but the mining farm: ETH merge is right around the corner, and naturally many miners will be blown the fuck out of the water (at least for a short while). The next step for the "real miners" who stick around, will be Ergo . At the time of writing, the number of...

chickenboye Updated 

Monero is entering tail emission soon - usage is growing faster than bitcoin - fees are extremely cheap - my autism is extremely strong - could entering now turn 0.1 bitcoin into 1.25 by the summer of 2024? stay tuned and let's find out and also this isn't financial advice please no bully. the market can remain irrational longer than you can remain solvent - that...

chickenboye Updated 

~$4.50 today is fundamentally not the same as ~$4.50 in 2011 - the last time copper traded at these prices. QE was fresh off the block in 2011. today, it is standard operating procedure and although the fed talks a good game with tapering, we have yet to see any balance sheet reduction. Looking at this monthly chart, I noticed an interesting double bottom that...

chickenboye Updated 

Quick Idea. "Monerun", or coordinated mass withdrawals, clearly hit exchanges where it hurt. Monero quickly began to outperform the market during the week of the event. A retrace is expected, although many thought we would surpass $300 before seeing it, hindsight is 20/20 and it's clear this IS the retrace. This could prove to be a great place to buy in if...

chickenboye Updated 

nasdaq/copper double bottom on the ratio - commodities to equities ratio is lower than 1999 bubble, 1970's. Chart speaks for itself IMO.

chickenboye Updated 

Interesting data. This pair has been bleeding for months and suddenly it rebounds with some SERIOUS volume! I haven't seen anything like this. This is a great sign for Monero I think. A lot of people made a LOT of money off of Ethereum the past couple years. Naturally, when you make money your next goal (after the hookers/cocaine honeymoon period wears off) is...

chickenboye Updated 

great for short or long term IMO. $220-230 XMR is a steal and we will see $250 soon for a short term target, but with xmr/btc looking strong, I think we will see great long-term numbers for EOY and next year, too. Keep stackin' momos :)

chickenboye

Microcap. Development is steady. Launched as PoW in 2018 but has transitioned to PoS. Not wild on that, but might be good to hedge bets. Staking offers an attractive return mostly fueled by being rewarded a chunk of new emission in exchange for locking up supply - fairly standard, right? Here's where it starts to get interesting. Oxen is the token behind two...

chickenboye

Cup and handle looks good to go. Lower circulating supply than bitcoin until ~2040. Canada/Russia waking people up to fragility of traditional money and even dangers of public ledgers like bitcoin. Ukraine officially accepting XMR for wartime donations. 4 of the 6 weekly top gainers are privacy based. Barry Silbert (hate him or love him, DCG is huge) re-tweeting...

chickenboye Updated 

Listening to Powell speak today... No intentions on tapering balance sheet expansion, and plans to "MODERATELY EXCEED 2% FOR SOME TIME"...."INFLATION LARGELY BASED ON TRANSITORY FACTORS"... "12 month inflation readings are expected to move well-above 2%"..... Gold isn't changing, but the US dollar is... Suddenly shiny boomer rocks looks like a great hedge.

chickenboye Updated 

XMR is the most threatening digital asset to "the powers that be" since bitcoin. Unfortunately, monero is a victim of its' own success - the private-by-default currency is so good it naturally attracts the darkside of the economy (darknets, ransomware, et al). However, it is important to note that bitcoin got it's start in exactly the same manner and anyone...

chickenboye Updated 

hello and happy new year! I have a good feeling about 2022 for monero holders. this is just a simple short-term idea I saw on the smaller charts. looks like a cup and handle that could take us to 0.0063 if we hold 0.005. cheers everyone. I am not selling even if we hit this target.

chickenboye Updated 

notice the retest after breaking out, rejecting the possibility of entering back into this channel if we see this move followed by volume, something something rocketship emojis

chickenboye Updated 

XMR to $800+ in the cards www.thinkmarkets.com contiuation of decrease in volume as channel trend lines converge confirms pattern. Usage metrics bullish as ever. XMR is long overdue for a real pump imo.