Started By
Message

Everybody strapped in?

Posted on 8/13/26 at 4:35 pm
Posted by Arthur Bach
Member since Jul 2016
3480 posts
Posted on 8/13/26 at 4:35 pm
In daily DCA the following:

BTC
ETH
XRP
LINK
SOL

Getcha popkern ready.
Posted by dkreller
Laffy
Member since Jan 2009
34483 posts
Posted on 8/13/26 at 4:52 pm to
Will I be rich sir?
Posted by Arthur Bach
Member since Jul 2016
3480 posts
Posted on 8/13/26 at 5:03 pm to
quote:

Will I be rich sir?


Yes, but you gotta HODL for 10 years
Posted by UltimaParadox
North Carolina
Member since Nov 2008
53569 posts
Posted on 8/13/26 at 6:40 pm to
Posted by dstone12
Texan
Member since Jan 2007
42035 posts
Posted on 8/13/26 at 6:49 pm to
XRP is down to 1.01.



Wow. I hadn’t looked it up in a while and was thinking it would be 4.00. Not so.
Posted by djrunner
Baton Rouge
Member since Jun 2010
5706 posts
Posted on 8/13/26 at 6:54 pm to
Whats the plan? DCA through November into next year?
Posted by Arthur Bach
Member since Jul 2016
3480 posts
Posted on 8/13/26 at 7:21 pm to
quote:

Whats the plan? DCA through November into next year?


Indefinitely. For years.
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
36520 posts
Posted on 8/13/26 at 7:29 pm to
Is this Eric Trump?
Posted by UltimaParadox
North Carolina
Member since Nov 2008
53569 posts
Posted on 8/13/26 at 7:30 pm to
quote:

Indefinitely


It's called bag holding. Lot of that going around
Posted by dstone12
Texan
Member since Jan 2007
42035 posts
Posted on 8/13/26 at 8:29 pm to
Okay.

Learn me on XRP and the bottom. There is support at 1.00.

But this was a big deal and had worldwide acceptance as an easy to accept crypto, yet you cannot buy it on Fidelity like some cryptos.

Would anyone take a stab at 1.00?

Sorry for asking if you took a stab at 3.00.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5727 posts
Posted on 8/13/26 at 8:55 pm to
once the final 35 billion XRP are printed there will never be any more. Ripple makes the 1990s baseball card manufacturers blush.
Posted by LSUSLU106
Member since Mar 2015
738 posts
Posted on 8/13/26 at 10:26 pm to
Been adding BTC and SOL
Posted by FAT SEXY
California
Member since Jun 2020
2710 posts
Posted on 8/13/26 at 10:42 pm to
Digital Tulips
Posted by jp4lsu
Member since Sep 2016
7557 posts
Posted on 8/14/26 at 7:06 am to
So why is this getting interesting now. I haven't followed coins in awhile.
Posted by Arthur Bach
Member since Jul 2016
3480 posts
Posted on 8/14/26 at 1:46 pm to
quote:

So why is this getting interesting now


Bought my first BTC in 2017 at 4,200.

This bear market is just like the others.

Get your bucket filled!
Posted by meeple
Carcassonne
Member since May 2011
11576 posts
Posted on 8/14/26 at 3:23 pm to
Is it that time in the cycle for all of this to have another moonshot?
Posted by igoringa
South Mississippi
Member since Jun 2007
12508 posts
Posted on 8/14/26 at 4:57 pm to
quote:

once the final 35 billion XRP are printed there will never be any more. Ripple makes the 1990s baseball card manufacturers blush.


I have to give ripple credit here though - they have managed to line the idiots up to be able to dump 300 million coins a month consistently out of escrow and literally have free funding of 300,000,000 to 900,000,000 a month over the last couple years - I mean what a fricking business. All they have to do is keep dropping bullshite statistics and pay influencers and they get all this billions and billions of free capital - truly amazing
This post was edited on 8/14/26 at 4:59 pm
Posted by dstone12
Texan
Member since Jan 2007
42035 posts
Posted on 8/14/26 at 5:17 pm to
quote:

I have to give ripple credit here though - they have managed to line the idiots up to be able to dump 300 million coins a month consistently out of escrow and literally have free funding of 300,000,000 to 900,000,000 a month over the last couple years - I mean what a fricking business. All they have to do is keep dropping bullshite statistics and pay influencers and they get all this billions and billions of free capital - truly amazing


But will the influencers create a narrative to where governments will settle currency transactions with Ripple?

I’m asking and not being rhetorical.

Can you see this getting used in some meaningful way in five years?
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5727 posts
Posted on 8/14/26 at 5:27 pm to
quote:

So why is this getting interesting now.


Crypto bros thought an SEC announcement was coming after their meeting this morning.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
45515 posts
Posted on 8/14/26 at 5:58 pm to
I found this interesting- Nearly half of all Bitcoin is held at a loss


quote:

Bitcoin is worth roughly $1.28 trillion today, about half what it was worth at its $126,000 record last October, and the Bitcoin price is well below the $119,400 it traded at this time last year.

At the start of January, Bitcoin traded at $88,764. It fell 34% over the next six months and closed June at $58,566, its lowest in 21 months. A Federal Reserve that kept talking about raising rates did most of that damage, while $4 billion left the spot Bitcoin ETFs in June, which was their worst month on record.

Between 45% and 46% of all Bitcoin is now worth less than what its buyers paid, which is roughly 9 million coins. Anyone who bought in the last six months paid $68,700 on average, according to Glassnode, so they are down 7.2% and they sell whenever the price climbs back toward what they paid. That is why Bitcoin has been stuck between $58,000 and $68,000 since June.

The BTC price has dropped below every moving average traders watch, including the 200-day near $71,900, over seven months. Perpetual futures trading has since fallen to a three-year low, and the Fear and Greed Index reads 29, which shows the market is in fear.


Its the miners who are selling

quote:

Miners are selling because renting out computing power to AI companies pays better than mining does. Many are converting Bitcoin revenue into data centre buildouts, and that shift has added $1.78 billion in selling this year.

Strategy sold 1,690 BTC between August 3 and 9 at an average price of $64,262. That was its fourth disclosed sale of 2026 and takes the year’s total to 6,948 BTC. Its remaining 840,447 BTC were bought at an average of $75,385, so the company is selling $11,000 below its own cost.



Some analysts expect the Bitcoin price to break below $60,000 and reach $55,000 before the cycle low forms.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

Facebook•X•Instagram