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re: Official CryptoTalk Thread
Posted on 6/13/22 at 10:44 am to BottomlandBrew
Posted on 6/13/22 at 10:44 am to BottomlandBrew
BTC volume is approaching the highest it's been in a year. We have a little ways to go before matching May 19, 2021. I'm kind of relieved to finally see a big capitulation. It's been brewing for a while. Just needed a trigger. We could still go much lower, but we needed this today.
1
Posted on 6/13/22 at 10:50 am to BottomlandBrew
I want it to fall sub 20k. This is nothing compared to the last crypto winter.
Posted on 6/13/22 at 10:52 am to UnluckyTiger
We gonna dip to the 7-10k range
Posted on 6/13/22 at 10:54 am to AUCE05
I'm dipping in here. I'll dip in hard at 15k. If it hits 10k I might go all in.
Posted on 6/13/22 at 11:01 am to I Love Bama
I'm a big ETH bull, so I'm going all in when I can afford a validator. I doubt we'll go that low, but if BTC goes down to $10k, then there's a chance. That'd be somewhere in the neighborhood of $500 ETH, if ratio trends are an indication. Regardless, I'll get a lot closer, and at minimum I plan to have enough to run a rocketpool minipool by the time this winter is over.
I'll still DCA into BTC, Matic, and a few others, but I won't back up the truck like I will for ETH.
I'll still DCA into BTC, Matic, and a few others, but I won't back up the truck like I will for ETH.
Posted on 6/13/22 at 11:03 am to AUCE05
quote:
We gonna dip to the 7-10k range
At this point, I hope so. If we are gonna crash might as well make it a party.
Posted on 6/13/22 at 11:08 am to Ross
What kind of timeline y’all giving it to hit that low?
Posted on 6/13/22 at 11:10 am to Ross
I like to look at the whale wallets. Pretty good signals of where potential bottoms could be.
If you start to see whales moving to exchanges, we going looooowwwwww. If not, I don’t know that we can get below much 20k.
If you start to see whales moving to exchanges, we going looooowwwwww. If not, I don’t know that we can get below much 20k.
This post was edited on 6/13/22 at 11:18 am
Posted on 6/13/22 at 11:11 am to BottomlandBrew
quote:
I'm a big ETH bull, so I'm going all in when I can afford a validator.
Yeah I am not sold on ETH but a lot of people who I think are very smart and respect are. I would also buy enough of ETH for a validator.
Seems like a good risk to reward even if I am not a huge ETH fan.
Posted on 6/13/22 at 11:14 am to I Love Bama
At this rate you can buy enough to be a validator for 10 grand.
Posted on 6/13/22 at 11:22 am to bayoubengals88
Posted on 6/13/22 at 11:37 am to BottomlandBrew
With the issues going on with the exchanges, what is the safest and simplest way to purchase btc and Eth? Link to a guide would be appreciated.
Posted on 6/13/22 at 11:52 am to 21JumpStreet
Posted on 6/13/22 at 12:07 pm to Hulkklogan
SOL at 29 wow
Posted on 6/13/22 at 12:12 pm to UnluckyTiger
Buckle up if true.
LINK
quote:
MicroStrategy has just transferred 2089 #Bitcoin ($48 million) to a new wallet for the first time ever, likely planning to dump their bags.
They’re now moments away from facing the largest liquidation in history. Ouch.
LINK
This post was edited on 6/13/22 at 12:53 pm
Posted on 6/13/22 at 12:30 pm to 21JumpStreet
quote:Your above link is broken.
They’re now moments away from facing the largest liquidation in history. Ouch. LINK ]
MicroStrategy has massive liquidity collateral and their CFO is on record during an earnings call saying that MicroStrategy would simply commit more BTC to the collateral package if they hit the $21k margin call. The available funding of the company is more than enough to fund the existing position and even open a new one.
In other words, FUD.
Posted on 6/13/22 at 12:31 pm to MrSpock
quote:
Bottom signal?
Only down 20% since the “bottom signal”
Posted on 6/13/22 at 12:37 pm to Hulkklogan
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