Started By
Message

re: Get prepared for the pending crypto crash

Posted on 5/19/21 at 7:51 am to
Posted by lsu777
Lake Charles
Member since Jan 2004
34757 posts
Posted on 5/19/21 at 7:51 am to
strong support in the 32 range is what the charts showed when it was at 42, showing now too.
Posted by PUB
New Orleans
Member since Sep 2017
19930 posts
Posted on 5/19/21 at 8:09 am to
Trillion $ gone in a day …

Posted by GREENHEAD22
Member since Nov 2009
20040 posts
Posted on 5/19/21 at 8:12 am to
Ahh yes, CB and CBP crashing like crazy. Going to be fun trying to buy back in.
Posted by jcaz
Laffy
Member since Aug 2014
17629 posts
Posted on 5/19/21 at 8:17 am to
Well damn I picked a great time to start playing with crypto
This post was edited on 5/19/21 at 8:17 am
Posted by Smoke7024
Member since Jun 2010
23489 posts
Posted on 5/19/21 at 8:51 am to
I love the coinbase pro message when it fails to login of "the most trusted cryptocurrency exchange".
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21058 posts
Posted on 5/19/21 at 9:07 am to
Learned my lesson. Will set GTC limit orders way down the risk curve in case this happens again (which it will)
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81661 posts
Posted on 3/6/25 at 9:45 pm to
quote:

Unfortunately the radical element in todays government will destroy anything that cant control. See: Trump, fossil fuels, religion. So I think they have their knives out for crypto

What a change 4 years has brought us. From government's destroying "crypto" to now have a Bitcoin Reserve and a Crypto Stockpile.
Posted by SlidellCajun
Slidell la
Member since May 2019
13502 posts
Posted on 3/7/25 at 12:37 pm to
Will they be able to issue as much as they want like the US does with the dollar?
This post was edited on 3/8/25 at 8:31 am
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11213 posts
Posted on 3/8/25 at 7:49 am to
Nope. It has to be budget neutral buys.
Posted by SlidellCajun
Slidell la
Member since May 2019
13502 posts
Posted on 3/8/25 at 8:38 am to
quote:

Nope. It has to be budget neutral buys.


Heh. Nah. They’re have to issue more just like they do with the dollar.

Bottom line here- governments love their currency and if a country like the US senses a threat to their currency, they’ll take measures to squash the threat. Bitcoin is not a threat to the USD. It’s not even used as a currency for the overwhelming
Majority of the country.

If the US decides to go full crypto and utilize the same platform that bitcoin or other cryptos use, it will have to crush bitcoin and all competing crypto’s
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11213 posts
Posted on 3/8/25 at 9:27 am to
You are right, but we as conservatives want nothing to do with a CBDC. CBDCs will only lead to tyranny.

Bitcoin being the most free and decentralized of all the crypto tokens is the only choice for government in order to maintain a free society.

I say this being heavily invested in altcoins.

Freedom is more important than personal gain.
Posted by SlidellCajun
Slidell la
Member since May 2019
13502 posts
Posted on 3/8/25 at 10:06 am to
We are not going to adopt bitcoin as our currency.

What trump is working on is making the USD digital ie “crypto”
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11213 posts
Posted on 3/13/25 at 5:37 am to
quote:

We are not going to adopt bitcoin as our currency.


Duh. Are you still using Bitcoin theory from a decade ago? Have you still learned nothing in a year of derailing threads?

quote:

What trump is working on is making the USD digital ie “crypto”


Trump would get Republicans blown out in the midterms if he attempted a CBDC. Trump talked about putting spending on the blockchain, an open public ledger, so anyone can audit spending.

You really need to stop being lazy and study crypto.
Page 1 2 3 4 5 6
Jump to page
first pageprev pagePage 6 of 6Next pagelast page
refresh

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.

FacebookXInstagram