Started By
Message

re: Official CryptoTalk Thread

Posted on 1/6/21 at 6:03 pm to
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 1/6/21 at 6:03 pm to
A strong pullback of 30% puts us at 26k
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/6/21 at 6:09 pm to
Big wall at 40. Would think maybe a pullback then? Probably not below 25 tho
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5533 posts
Posted on 1/6/21 at 6:54 pm to
quote:

A strong pullback of 30% puts us at 26k


That would be great.
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5533 posts
Posted on 1/6/21 at 6:57 pm to
quote:

Come the frick on


Its not that far fetched in the next 10-15 years. 21 trillion market cap. Gold is 10 trillion now. Inflation over the next 10-15 years.
This post was edited on 1/6/21 at 6:58 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/6/21 at 7:04 pm to
why?

kinda feels like the 2013 rally to me so maybe a blowoff top to $50-75k then maybe a retrace down after that

guess we will see
Posted by SalE
At the beach
Member since Jan 2020
2990 posts
Posted on 1/6/21 at 7:16 pm to
As a more mature investor so to speak, LSU '71, I have been following this thread and went into the water about 3 years ago..you guys are on the right track...0% rates for my lifetime and maybe yours..the dollar being devalued as $$$ Trillons being pumped into the system, the current hedge of favor being cryto..here we go.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 1/6/21 at 7:17 pm to
quote:

have been following this thread


Hope you bought some Chainlink
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/6/21 at 7:20 pm to
$30?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/6/21 at 7:26 pm to
quote:

the dollar being devalued as $$$ Trillons being pumped into the system, the current hedge of favor being cryto..here we go.


and the acceleration of the continued decline of trust in institutions
Posted by tigermike2004
Member since Dec 2018
553 posts
Posted on 1/6/21 at 7:55 pm to
The Bitcoins i coverted to XLM! XLM is out performing what i had in Bitcoin!
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 1/6/21 at 8:11 pm to
Does that include the tax hit you took to make that conversion?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 1/6/21 at 8:11 pm to
Does that include the tax hit you took to make that conversion?
Posted by Pendulum
Member since Jan 2009
7954 posts
Posted on 1/6/21 at 8:17 pm to
Holy crap look at MSTR. No matter how you feel about bitcoin, Michael Saylor is a God damn genius. He created the purest play that institutional money can make on bitcoin at this time. He wins no matter what now.

Bought 2 shares like a week ago at like 375 just to watch it
This post was edited on 1/6/21 at 8:18 pm
Posted by tigermed
Member since Nov 2007
440 posts
Posted on 1/6/21 at 8:20 pm to
quote:

As a more mature investor so to speak, LSU '71


Shut up, Boomer.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13427 posts
Posted on 1/6/21 at 8:36 pm to
quote:

Come the frick on

Agreed it’s going to $10M eventually
Posted by mule74
Watersound Beach
Member since Nov 2004
12584 posts
Posted on 1/6/21 at 8:47 pm to
I’m not quite as old as you, but as an almost 40-year-old investor, I took the plunge in May. I put about 5% of my investment portfolio in coins. 75% BTC/25% ETH.

I think we are already a different phase than 2017. I’m not selling now. I’m not selling if the price goes to $50,000. I won’t sell if I wake up tomorrow and we’ve had a pull back to $25,000.

If I do sell what am I going to convert that into? Dollars? Already have too many of those and the value of the USD is headed in one direction. Equities? I already have too many of those and they are probably overvalued.

Between the institutions and the long-term individual investors who are now looking at this as a store of value, I just don’t see this run stopping anytime soon.

I know a lot of serious individual investors that are finally caving and signing up for Coinbase accounts. These are people who scoffed at me just a year ago. They see what’s happening to the dollar, and there is no more reason to have faith in the dollar than to have faith in an online currency.
This post was edited on 1/6/21 at 8:49 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/6/21 at 8:49 pm to
Remember when the internet was a nerd arena?
Posted by AUCE05
Member since Dec 2009
45167 posts
Posted on 1/6/21 at 8:50 pm to
This political shite is hard to read. The markets seem to like it and side with Biden.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 1/6/21 at 9:12 pm to
quote:

Come the frick on

Hell if we talking a 5 year timeline, it isn't an insane thought
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 1/6/21 at 9:21 pm to
quote:

The Bitcoins i coverted to XLM! XLM is out performing what i had in Bitcoin!

XLM has outgained BTC by ~ 10% in the past 30 days. I'm assuming you had to pay more than 10% in tax on your trade.
first pageprev pagePage 1130 of 2241Next 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.

FacebookXInstagram