One of the biggest shills in the entire crypto space is Mike Novogratz. Early this year, he decided to get a tattoo on one of his arms celebrating the LUNA “stable” currency, and he proudly tweeted it:
Infected Tattoo
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
When Your Bitcoin Miner Drops 80%
Crypto Carnage
Last night, Ethereum ($ETH) got literally to the PENNY of its major support level and managed to rally to a smaller loss, thus avoiding a failure. I believe crypto is still very important tow watch as a signal for equities to (finally) weaken again. We haven’t looked at crypto in a long time, but look at the seven alt-coin charts below to get a sense as to the overall degradation in this space:
Listen to Ether
Looks like the Jim Cramers and Cathie Woods of the world are getting a much-needed break. Uh-huh. I suggest you pay attention to what’s going on with Ethereum. It is still weak, and if it starts seriously cutting loose to the downside, I think you’re going to see stocks do the same.
For obvious reasons, my enthusiasm about energy-related shorts has cooled substantially. I’ve got an important update for Gold and Platinum members in this post about the market in general.
DoomCoin
Remember the marvelously-named Glauber Contessoto? Of course you don’t. But you may recall him by his more famous moniker, the Dogecoin Millionaire.
