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re: Official CryptoTalk Thread
Posted on 2/28/24 at 8:06 am to RATeamWannabe
Posted on 2/28/24 at 8:06 am to RATeamWannabe
I just got in on some etherum classic. Since it's riding the Bitcoin wave. Hopefully not too late
4
Posted on 2/28/24 at 8:07 am to RATeamWannabe
quote:
Well it is all gambling, this is just more high stakes than the ones they play.
true
Posted on 2/28/24 at 8:53 am to NoSaint
quote:
Think we see any pullback at all or all forward from here for a bit?!?
Of course. There will be liquidation cascades on the perp markets. As to anyone's guess?
Posted on 2/28/24 at 9:03 am to RATeamWannabe
Most alt coins on Coinbase will 20-30x from cycle low. Stronger alt coins can 2-3x from previous cycle ATH. Pick a conservative price target and you won’t miss.
That said, there are some I’m not sure about like ADA. 30x from cycle low and 2-3x previous ATH would put that around 7 bucks a coin. That seems pretty lofty but I guess if you look back, most ATHs of alts seemed lofty at this point in the cycle.
That said, there are some I’m not sure about like ADA. 30x from cycle low and 2-3x previous ATH would put that around 7 bucks a coin. That seems pretty lofty but I guess if you look back, most ATHs of alts seemed lofty at this point in the cycle.
Posted on 2/28/24 at 9:05 am to Lucky_Stryke
quote:
Hopefully not too late
The TD Money Talk index is still low. When you see 10 crypto threads on the front page, start worrying.
Posted on 2/28/24 at 9:06 am to Hateradedrink
I have a list of things that I need to pay off or buy that are peace of mind type purchases, like some debt and my years of active service to add to my retirement, things like that.
If I hit that number, I am out regardless of where we are in the bull market. If its tomorrow and I think there is another year left, enjoy the run guys
ETA
and to cover the taxes for selling that shite
If I hit that number, I am out regardless of where we are in the bull market. If its tomorrow and I think there is another year left, enjoy the run guys
ETA
and to cover the taxes for selling that shite
This post was edited on 2/28/24 at 9:16 am
Posted on 2/28/24 at 9:14 am to Lucky_Stryke
quote:
Hopefully not too late
nah. pick some new shiny shite and hold on for the ride.
Posted on 2/28/24 at 9:17 am to MrSpock
I’ve taken a sabbatical from this website for a while, but had to chime in to say congrats to all of you who navigated the bear market and are making/in the process of making some life changing wealth 
There’s a whole lot of bumpable content from the last two years.
There’s a whole lot of bumpable content from the last two years.
Posted on 2/28/24 at 9:18 am to Ross
WAGMI
Posted on 2/28/24 at 9:49 am to RATeamWannabe
You and I basically have the same mindset.
As an aside, I think something else being lost in the discussion here is the level of inflation that has occurred between now and 2021. I don’t think there’s ever been as much inflation inbetween cycles.
65k in 2021 is 74k in 2024. That complicates certain concepts and targets.
As an aside, I think something else being lost in the discussion here is the level of inflation that has occurred between now and 2021. I don’t think there’s ever been as much inflation inbetween cycles.
65k in 2021 is 74k in 2024. That complicates certain concepts and targets.
Posted on 2/28/24 at 10:01 am to Hateradedrink
Anyone still doing the bot setup?
Posted on 2/28/24 at 10:05 am to Lucky_Stryke
quote:
I just got in on some etherum classic. Since it's riding the Bitcoin wave. Hopefully not too late
Retail isn't paying attention yet.
Posted on 2/28/24 at 10:19 am to boomtown143
quote:
I have a list of things that I need to pay off or buy that are peace of mind type purchases, like some debt and my years of active service to add to my retirement, things like that.
If I hit that number, I am out regardless of where we are in the bull market. If its tomorrow and I think there is another year left, enjoy the run guys
ETA
and to cover the taxes for selling that shite
Man - I am of the same mindset right now. Trying to figure out what I will do if BTC goes $100k+..
I have a 5 year goal to buy my "dream" land on 100 acres and build a house there in about 5 years.
I'm basically at the point with BTC that I could get the land now, if we hit $100-150k..Watch out.
I've been a BTC maxi that was gonna hold forever, let's see how strong my conviction is IF we hit these prices.
This post was edited on 2/28/24 at 10:22 am
Posted on 2/28/24 at 10:23 am to Lawyers_Guns_Money
Lfg! Ath before the halvening...
Posted on 2/28/24 at 10:31 am to 21JumpStreet
Is this a situation where the halfening is being priced-in already, so that when it happens there won't be much effect? Or the very nature of the halfening prevents that?
Posted on 2/28/24 at 10:34 am to NoSaint
quote:Probably, but no way to know if its now or 2 weeks from now and the pull back is to a value higher than it is today
Think we see any pullback at all or all forward from here for a bit?!?
Posted on 2/28/24 at 10:34 am to LSUJuice
Personally I think we see the price action building up to where its priced in at that time and we get a correction or at least a range for awhile
DYOR
DYOR
Posted on 2/28/24 at 10:36 am to Lucky_Stryke
quote:WTF why are people still buying stuff that doesn't do anything
I just got in on some etherum classic. Since it's riding the Bitcoin wave. Hopefully not too late
Posted on 2/28/24 at 10:36 am to Ross
quote:
Ross
Posted on 2/28/24 at 10:39 am to LSUJuice
I think the halvening has less effect now that we have the ETFs.
9000-10000 bitcoins are being gobbled up a day by the ETFs. 900 are being created a day through mining and that goes down to 450 new supply a day after the halvening. Not that big of an effect when you have the 10,000lb gorilla eating everything up
9000-10000 bitcoins are being gobbled up a day by the ETFs. 900 are being created a day through mining and that goes down to 450 new supply a day after the halvening. Not that big of an effect when you have the 10,000lb gorilla eating everything up
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