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Internet Computer

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ICPUSD trade ideas

ICP STAY AWAY , DO NOT GET BURNED LIKE ME HEY ALL I recently posted and went long on this, but after watching the trading for several days. I should have done my due diligence further, and although I feel there is a long term value. From my expertise in financial planning, I can clearly see this has ben pumped. Two of my close friends have advised me to stay away as well and it makes sense. How can a coin come into the market with a valuation so high - this entrance has been well orchestrated and tokens are being dumped by owners and investors. Look at the volume and action, bots are at play. PLEASE BE CAREFUL DO GET BURNED LIKE ME. This will most likely settle around less than the $100 mark from where it will gain traction. THIS IS NOT FINANICAL ADVICE BUT JUST A WARNING.
COINBASE:ICPUSD
by Amo19922
8
Internet Computer (ICP) Have we found a Bottom? Can We hold $237I know Internet Computer (ICP) caught many of us off guard before and after the Coinbase release. I woke up this morning and It's already a top 10 cryptocurrency. Classic signs of a pump and dump. It seems like we've may of found bottom at $237 which would put ICP as of right now at an all time low. May not be a bad time to accumulate at these prices. Like everybody else I'm wondering if we still have more room to drop further down. I'm keeping a very close eye on Internet Computer we may have major upside back up to ICO release prices. According to Coinbase in a nutshell: "The Internet Computer is the world’s first blockchain computer that scales smart contract computation and data at web speed." This is suppose to facilitate and support the DeFi movement. Keep a close eye on ICP.
COINBASE:ICPUSDLong
by peacefuljustin
LONG ICP - Being manipulated by shorters. INTRINSIC VALUE Hey all Ive been watching this essentially since it came on listing. It has heavy bot trading which are pushing the price lower and shorting it at higher price, this is in combination of those that might be selling worried about a short loss. These are bots and they want your money! do not sell, its a horrible idea especially as this will increase drastically. This system overtakes any functionality of bitcoin or ether, essentially these technologies will need this in the future to continue to RUN! (mostly bitcoin but many other cryptos will benefit from the safety) Most importantly, our biggest data concern, Facebook, Twitter. THIS WILL FIX IT, bye bye to the days that our information is stolen and welcome to a new generation of computing. The coins can be used to gain voting rewards and decisions on the network (hence the power is in your control) - Remember a few hundred million got invested to build this. So its not simply just computer code, it has hardware and that took a significant amount of capital. Lastly i cant chart very well, but 320-330 is the last pit spot before final take off. So get in or don't, its up to you. I just feel that people have no clue what this means for us. And I wish someone told me when bitcoin was around. (PS I bought in higher but essentially I'm in the for the long term, rewards is where its at for me). Or i may need to sell them because developers may need my coins in order to generate their cycles for applications. I.e. they need my tokens to run their app haha It was listed on coin base, binance, Huobi and okex within a day. I feel that's usually a first. Good luck all!!!!!! :)
COINBASE:ICPUSD
by Amo19922
2
LONG on $ICPSorry the chart is a bit messy. - Not a lot of data here so far. AI Signals on the short term buy for a 15m timeframe shows long: We still have gaps to fill on the VPVR to reach a unimodal distribution, currently showing a bimodal distribution and those gaps need to be filled. One second derivative is hit on the VWAP we will go flying sky-high. The @dfinity Foundation currently has nearly 100,000 academic citations and 200 patents. + Dfinity is one of crypto’s most well-funded and publicized projects + Mainnet launched May 7, token is slated to launch May 10 + It has raised the most non-frozen funds at $160m to date - Via Messari Get your astronaut suits on and get ready for a big launch while this thing flips Ethereum .
COINBASE:ICPUSDLong
by Numetric
1
Waiting for re-test in $264, possible buy opportunity.ICP is falling again to the support area at $264. Good Volume is important to decide if we are going to enter a buy position. The problem right now with ICP is that many investors don't understand this new blockchain technology, even me. For many of us what we don't understand is a red flag but who understands ethereum in 2014 or bitcoin? Maybe this is the next blockchain era or maybe not. ICP is already in the top 9 crypto market cap. But, with the low volume is having in the past day I don't see a huge increase in price in the short term. Stay tuned to see how ICP behavior is when reaching the support zone.
COINBASE:ICPUSD
by JoelCupeles
3
ICP: WHAT A MESS!So while browsing on coin marketcap today I suddenly saw this unknown token pop up in the top 10(!), I was immediately unpleasantly surprised. If a token has just (!) launched and is right away in the top 10, something is wrong! And what you know... there was/is... I will not make this some long fundamental or technical analysis on why you should or shouldn't buy this token but I will try to create a short summary on my opinion; and that is: you should definitely NOT buy this token. (at least not now) So fun thing; I check the website and its from the DFINITY foundation! I actually met one of the founders (or team members) of this coin / protocol back in 2017 and back then this was a very promising project. (I have even have t shirt laying around somewhere as I liked the logo) So in short; decentralized web is super super super important for the well being of democracy, freedom and user rights online. Without it, we are doomed to be controlled by big tech. So in that sense; these type of projects are hugely important and carry a lot of fundamental value. However; this is (i have hard time not swear!) messiest, sh*tiest and biggest scam launch I've seen any token do on any exchange. First off; nobody got any notice this token was coming as it wasn't reported by any major crypto media or social channel. (suspicion nr 1) Secondly; these guys want to build decentralized web but they aren't decentralized at all (!) as they have big investors that hold HUGE bags since their 2017 ICO and their token distribution is them, their investors, their foundation and a tiny bag into the market. (Why do you think the price spiked to almost 4k!?) (suspicion 2) Thirdly, they launch their token in the midst of a bull run and they lack adoption and have a tiny ecosystem - if they have any at all. (suspicion 3) And last; their website looks sooo like a 2017 project, shilling all the media they've been in and basically just one big show of how great they are but ZERO TRANSPARENCY - I still couldn't find a decent whitepaper, roadmap, token economics or vesting scheme! (suspicion 4) So, to me this means one thing and one thing only; this project is dead but they have a lot of big investors that paid 4,50 CHF per coin in 2017 that want to have a return on investment. So what do you do? You pay the big exchanges to list it in the midst of a bull market and you dump your coins on unknowing people who buy a scam as that wick is not a top, its a straight scam - anyone who disagrees that is not a scam wick does not understand this market. So what happened? The investors have now bagged their investment 100 to 900x and probably the big shilling of youtubers will start now that will tell you how great this project is... Well, I just give my opinion and my insight here as I do really care for my followers and I do not want to see you guys get rekt! Here is MY opinion; this project is dead because of this scam launch, not truly decentralized and zero adoption for a product that cant be explained within a few sentences. Old and complicated blockchain tech, next! If you want to buy decentralized web, you go with DOT and KSM - check their web 3.0 foundation; thats where its at, not with these scammers. An yes, you could say but its the hype, the exchange, the bots etc etc. It doesn't matter; if you launch your token, you make sure you do it well. Why? Because if you can't even manage a token launch, how tf are you going to manage hugely complex token economics inside a hugely complex decentralized web solution? Yes, clearly not. I hope the exchanges will do something about this launch and help those poor people who have bought there because this is not how a market should be run and any exchange who says "it happens, your own fault" should hire new market makers and you should delete your account. Besides, stop all this shit coin FOMO; to all these amateur crypto people who FOMO into these coins; believe me, you will not sell the top and besides who wants a shit coin if you can buy ETH that is about to 2x in the coming months? Use. Your. Brain. IMPORTANT: This is not financial advice and this analysis ONLY reflects MY opinion, if you are looking for 100% facts; contact DFINITY for accurate information as I can not find structured and imporant information myself. Secondly; always trade based on your OWN risk and research.
COINBASE:ICPUSDShort
by cryptobullethbtcxlm
57