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    Help me understand crypto Market Cap and the role of new money....

    Ok, last post for the night. I finally found what I was after.... I stumbled upon Cyberkongz, and look at the transaction history, which is not looking good. On Sept 10 they had an average price of 40 ETH based on 10 sales. Then yesterday the average price was only 11 ETH, also on 10...
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    Help me understand crypto Market Cap and the role of new money....

    Really enjoyed the chat! I wish I could make better sense of this but I'm not sure which sell at the offer. What they call offer is really the bid, so I see the bids of 2 or so. But the offers, a true offer/ask price, are like 40 or some other insane numbers. I have yet to see one sell that...
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    Help me understand crypto Market Cap and the role of new money....

    Ok, I am like literally hooked on these god damn bears right now. I might put in an offer for 0.1 on some that haven't sold just to see if someone will sell to me!!! Anyway.... Here is the transaction for this bear... It was bought just 3 hours ago for 3.1421 ETH And yet, when we scroll...
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    Help me understand crypto Market Cap and the role of new money....

    Lol.. I think we are as far apart as the spread on these bears! :p (which I can see is anywhere from about 2 ETH to 40) Bansky is a current artist, but he has already made a name for himself and sells stuff you can actually put in your house. Oil paintings are generally from a master painter...
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    Help me understand crypto Market Cap and the role of new money....

    Yes, I finally found that button and it allowed me to see the sales that closed. But the point I'm trying to make is that the floor means nothing when nobody is willing to buy. I won't bore you with more screen captures, but as I go through these, what I mostly see is a Bear that just sold for...
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    Help me understand crypto Market Cap and the role of new money....

    So I read the article and love this line "He recalls seeing a tweet of someone boasting that they had created an NFT and sold it back and forth to themselves until the price had run up by four. “In any market, that would be totally illegal,” Domingo said. " Honestly, since I see so many bids...
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    Help me understand crypto Market Cap and the role of new money....

    Opps, too late for that as I just did it again in my next post. I have no trouble understanding that they are one of a kind. What I have trouble with is why someone needs to own one. Based on my transaction investigation, I can see that some are hoping to just unload at a higher price, and I...
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    Help me understand crypto Market Cap and the role of new money....

    OMG, I finally found how to list the volume of trades. So in the past 7 days, 4,588 ETH has been spent on these things with an average price of just over 3 ETH. But when I look at the actual sales, I see some trading hands for slightly less or slightly more than a very recent previous...
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    Help me understand crypto Market Cap and the role of new money....

    So here are the most recent 7. No need to even list the bears. Lets look at the transactions. Many go from nothing, to all of a sudden above 3. Some might have a sale at 1 or 1.5 in between, and this is a good sign, but what I really want to see if from 3 to 5 to 10, etc. This first one...
  10. N

    Help me understand crypto Market Cap and the role of new money....

    This is an excellent point with reference to selling high priced items. And Banksy is also a good example because he is still alive and can create more art, so its hardly limited. But most of what Christie's sells would be ultra rare, tangible, and dare I say much more precious. You simply...
  11. N

    Millions for a half-shredded Banksy? The art market has lost the plot

    You're a good man for being able to identify this and switch sides. I want to be stuck in my cynicism and wait for the world to wake up! I will be happy once the self absorbed influencers have to face reality, if reality ever shows up again.
  12. N

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    I hope Volpri doesn't mind but I want to make another post in his thread. Looking at this chart we are talking about, lets say we saw this range that I outline before the shorts that he was talking. We are clearly in a down trend, but lets say for some reason we see the range which starts...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    If its stressful, then you are trading too large size. 30 points on 20 contracts you would have to do with a multi million dollar account. Lets stick to a 10k account, and initially trade 1 MES. If you're wrong and use a 10 point stop, that is $50. If you average in a few times, that might...
  14. N

    Help me understand crypto Market Cap and the role of new money....

    I agree 100%, but the market is supposed to be more than 2-3 people. I looked at the first 3 you linked and am attaching the screenshots. They are small because I wanted to get everything in one picture. #116 was bought for 115 and 160... 2 transactions #500 was bought for 215.... 1...
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    Help me understand crypto Market Cap and the role of new money....

    Ok @johnarb , just so you don't think I'm lazy :D, I'm doing some digging on these useless NFT's (yes, I still believe they are useless, and I will never touch them, but at least I will be able to say why!!) A simple search comes up with this article...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    I know that Volpri answered the question, but I would like to add my own answer, and hope that he agrees. Watching his many many posts, I think that he simply doesn't concern himself with risk too much. Its simply a matter of "did I get the direction right", and if the answer is still yes...
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    Help me understand crypto Market Cap and the role of new money....

    The only part that doesn't make sense is why anyone would buy something so silly as a Cyber Kongz or a Bears Deluxe! LOL... I understand the idea behind owning a digital something that is rare, that you can show off as being yours. If you're super rich and want your avatar to show how rich you...
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    Help me understand crypto Market Cap and the role of new money....

    Wow, what an amazing summary! I remember watching a Real Vision video when Raoul went all into BTC. I think it was when it was around 10k, maybe 15k. So its sad to think how this was all kind of on my radar, but I never did jump in. I do know that even if I jumped in when BTC was 1k, or...
  19. N

    Help me understand crypto Market Cap and the role of new money....

    I think the NFT market is a bit too crazy for me. Honestly, just going to the OpenSea site and seeing what is available to buy makes me shake my head. I completely understand it from the point of view of a fad, and I can see how rich people want to show off their wealth, but I like stuff with...
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    Help me understand crypto Market Cap and the role of new money....

    You are a very strong man and an excellent poster. You deserve all this success and I thank you for all your posts! Keep them coming please.
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