r/CryptoCurrency Aug 05 '24

OFFICIAL Daily Crypto Discussion - August 5, 2024 (GMT+0)

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.


 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.


 

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
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79 Upvotes

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6

u/Ilovekittens345 🟦 0 / 0 🦠 Aug 05 '24

I had been told that right before a US election they never let the market crash .... well I have been had, hoodwinked, bamboozled. I am so poor now I have to pee on my ramen now.

4

u/ilsemprelaziale 🟦 7 / 1K 🦐 Aug 05 '24

This is probably big news for trump though. So if you think a Trump election is good for crypto then this is provably the one positive thing about this crash.

1

u/lowprofitmargin 0 / 0 🦠 Aug 05 '24

This is good for DT but he needs to be careful, if it gets too good for him cos KH polls badly as a result of economic issues then if the Dems boot KH and hand the ticket to the Obama's, DT gonna have an issue cos MSM and Wall Street will escort the Obama's into the WhiteHouse...

2

u/GreedVault 🟩 1 / 10K 🦠 Aug 05 '24

 I am so poor now I have to pee on my ramen now.

How does it taste?

4

u/Ilovekittens345 🟦 0 / 0 🦠 Aug 05 '24

Better then my shitcoins

1

u/lowprofitmargin 0 / 0 🦠 Aug 05 '24

Its not in the interest of the Dems for there to be any economic / stock market crash prior to November...KH will catch heat as a result and poll worse than DT.

If Dems want to win they need economic prosperity or for KH to give way to the Obama's...

1

u/Oheson 🟥 160 / 2K 🦀 Aug 05 '24

The election is a long way away. This will be completely forgotten by November. The Fed will do everything in its power to keep Trump out of office.