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Wondering how crypto has been doing since Binance bailed out of Canada. (media.scored.co)
posted 293 days ago by newfunturistic 293 days ago by newfunturistic +1 / -0
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– newfunturistic [S] 1 point 293 days ago +1 / -0

Got the gear to analyze graphs during that summer, when I was going at it full time. Had 6, 40 inch monitors.. 3 desktop computers. Couple shelving racks for that. One was smaller, on top of the tower speaker, with the, uh.. what was that.. yeah the crypto bubbles. I had the settings to like 1min intervals and all of binance. So if something jumped up, a bubble would get bigger and it caught my eye on the side, while I was doing things on the main monitor. Worked pretty good. The other monitors were extending like the top 24hrs gainers graphs. Was tiling stacked windows.. so like 4 windows of 6 graphs in each monitor.

The thing with that shit, was.. if you could get 3% a day, you could double your money in a month. Binance didn't charge fuck all to sell.. like let me check what it was. Yeah, 0.1% to get rid of it. You try using other exchanges, it's obscene.

But yeah.. these guys bail out of Canada after government regulations tightened up. Later, in the news, the CEO guy.. this asian who was from the west coast.. gets in legal trouble. Seems like they're doing ok. They got a separate US site.

What I noticed is, if BTC is going down.. the whole market is not doing well.

What was interesting, on binance was these ETF tokens, where it was the inverse.. they toned those down.. let me check how many they have left. How do you even find those.. hang on.

You gotta go to a trading window.. not what they are from the main site. More expanded.. I was using USDT as the currency. They changed the layout a bit here.. I'd go to options and turn sections off. Candlestick shit there as well too many extras in the graph. lol.

ok hang on.. lol.. they're called "Binance Leveraged Tokens".

"Inverse Tokens (e.g., BTCDOWN, ETHDOWN): Binance offers "DOWN" tokens (like BTCDOWN or ETHDOWN) that are designed to go up in value when the underlying cryptocurrency (Bitcoin, Ethereum, etc.) goes down."

So this was cool, man.. Damn.. check this out..

"Binance has ceased support for Binance Leveraged Tokens (BLVTs) and delisted them earlier in 2024.

This means you will no longer find them on the trading window as you used to. Binance made this decision as part of a regular review of its product offerings."

Damn.. they were phasing them out, one at a time. It was the bottom of the valley, eh. That must of been some serious shit they were coughing up. lol.


Anyways.. I think it's a little "sus".. how fucking binance bails out of Canada.. and this shit skyrockets. Meanwhile.. if I was still fucking around with that full time, I wouldn't be in this situation. lol

Also to note here.. thinking back to how graphs looked like in 2013.. you get this hill and a hump.. watch how previous humps behaved. Could be an indicator of what could occur next with what's going on. It's "fractal". You get this camel's hump that first summer, eh.. When you zoom that shit out though later in the future, it'll be like that earlier hill.

Right now, it's the "front of the hill". Like what do you think is gonna go on next, from here.. Is it gonna crap right out and back of the mountain for a couple years, like the usual shit I dealt with.. lol.

What you gotta remember here.. is it wasn't just BTC.. that was the "bellweather". If BTC wasn't doing good.. no crypto tokens were doing well.


Binance leaving canada that fall.. just as this "front of the mountain", shit starts to go on.. "sus". Meanwhile, the founder was from here.

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