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re: Official CryptoTalk Thread

Posted on 2/27/24 at 8:55 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80856 posts
Posted on 2/27/24 at 8:55 am to
quote:

I knew the ETFs would have an impact but really had no idea it would be this much.

My exact thoughts - I would have called a $10 billion inflow for all of 2024 extremely successful for the ETFs and we may hit that after 3 months.
Posted by MrSpock
Member since Sep 2015
4384 posts
Posted on 2/27/24 at 9:25 am to
Crypto is now here for the long haul.


Congratulations if you been in the trenches the last several years. Sucks for the folks who have had their head stuck in the sand for the last decade.


Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25961 posts
Posted on 2/27/24 at 9:52 am to
I regret a lot of things in the last few years of this.
Here's to hoping this time is different
Posted by Art Blakey
Member since Aug 2023
103 posts
Posted on 2/27/24 at 4:27 pm to
quote:


If they keep pace, we are at over 175k by the end of the year. (Worth noting is I do not expect them to keep this pace, but that is the math)


I think they ramp up significantly after the halving.
Posted by I Love Bama
Alabama
Member since Nov 2007
37765 posts
Posted on 2/28/24 at 5:54 am to
Posted by beaverfever
Little Rock
Member since Jan 2008
32869 posts
Posted on 2/28/24 at 6:24 am to
quote:

Sucks for the folks who have had their head stuck in the sand for the last decade.
It's still really really early in the ball game if the bull case pans out.
Posted by beaverfever
Little Rock
Member since Jan 2008
32869 posts
Posted on 2/28/24 at 6:28 am to
quote:

I knew the ETFs would have an impact but really had no idea it would be this much.

ETF adoption is literally everything. People with real money want name brand institutions facilitating their bitcoin purchases.
Posted by NoSaint
Member since Jun 2011
11358 posts
Posted on 2/28/24 at 6:42 am to
Think we see any pullback at all or all forward from here for a bit?!?
Posted by finchmeister08
Member since Mar 2011
35951 posts
Posted on 2/28/24 at 6:44 am to
It’ll hit $60k today…. Got to.
Posted by BottomlandBrew
Member since Aug 2010
27246 posts
Posted on 2/28/24 at 6:48 am to
Bitcoin flexing hard this morning, for sure. Tradfi guys don't know the feeling of waking up to see your investments up 10% or down 40%. For us, it's just a Wednesday.
Posted by Hateradedrink
Member since May 2023
1375 posts
Posted on 2/28/24 at 7:12 am to
Have to wonder about the psychology behind this. We’re used to it and they’re not.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25961 posts
Posted on 2/28/24 at 7:17 am to
quote:

Think we see any pullback at all


that 20/30% drop is coming

Today or two months from now, idk
Posted by 21JumpStreet
Member since Jul 2012
14675 posts
Posted on 2/28/24 at 7:19 am to
We definitely not seeing 10k again, right?!
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25961 posts
Posted on 2/28/24 at 7:36 am to
Kaleo answered that in a tweet yesterday, we're going to 176K then correcting to 12k



He's a top three X follow for me.
My favorite three crypto guys are
@anbessa100
@crypto_ed_nl
@cryptokaleo
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25961 posts
Posted on 2/28/24 at 7:38 am to
Not that anyone asked, but here’s a list on X of a few traders that seemed to stand the test of time for me, give or take one or two

LINK
Posted by I Love Bama
Alabama
Member since Nov 2007
37765 posts
Posted on 2/28/24 at 7:51 am to
The most hilarious part of this monster Bitcoin pump is how Money Talk has not even mentioned it.

They HATE it.
Posted by slackster
Houston
Member since Mar 2009
85487 posts
Posted on 2/28/24 at 7:51 am to
quote:

Bitcoin flexing hard this morning, for sure. Tradfi guys don't know the feeling of waking up to see your investments up 10% or down 40%. For us, it's just a Wednesday.


I think people that are on the wagon with bitcoin ETFs are used to volatility - at least I hope so.
Posted by slackster
Houston
Member since Mar 2009
85487 posts
Posted on 2/28/24 at 7:53 am to
quote:

The most hilarious part of this monster Bitcoin pump is how Money Talk has not even mentioned it.


I don’t think it’s that.

I think people will just point to bitcoin still being below the all time high while stocks have fully recovered. That is still the trump card of the last cycle.

Once that comes and goes, the threads will come.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25961 posts
Posted on 2/28/24 at 7:57 am to
Well it is all gambling, this is just more high stakes than the ones they play.


And I cant say shite, because I should have got out with way more profit than I did and then ended up losing nearly everything in taxes and celsius so they were right about me

I'm trying to move forward with a glass house mentality and just hope and pray the stuff I do have is the stuff that takes off.
Posted by Lucky_Stryke
central Bama
Member since Sep 2018
1912 posts
Posted on 2/28/24 at 8:06 am to
I just got in on some etherum classic. Since it's riding the Bitcoin wave. Hopefully not too late
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