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re: Official CryptoTalk Thread

Posted on 1/29/21 at 8:54 am to
Posted by lsugerberbaby
baton rouge
Member since Mar 2008
3025 posts
Posted on 1/29/21 at 8:54 am to
RDD looking like it wants to join the party?
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/29/21 at 8:55 am to
quote:

wtf is the deal with the wall at 38 the last two bull runs. it gets past it and boom right back. its such a weird place for a wall.


It's been a pivot point since 1/15. Candles have closed on it multiple times through this run since early this month. Usually, if it breaks down at 38, there's been a big drop.

As evidenced just now with the $1k drop to $37k.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 1/29/21 at 9:17 am to
quote:

We thought that last bullrun and it didn’t really happen that way.


...Tron? XRP? XLM?


ETA
Even Link tbh, I was making buys at 1.00+ last time
This post was edited on 1/29/21 at 9:20 am
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 9:50 am to
MSTR
Posted by CE Tiger
Metairie
Member since Jan 2008
41878 posts
Posted on 1/29/21 at 9:53 am to
quote:

Tron? XRP? XLM?


And those three left people at -98% from ATHs in the blink of an eye.
Posted by rocket31
Member since Jan 2008
41880 posts
Posted on 1/29/21 at 9:55 am to
damn

but I do wonder what happens to it once they do a bitcoin ETF
Posted by UnluckyTiger
Member since Sep 2003
41108 posts
Posted on 1/29/21 at 9:55 am to
Trying to buy link but saying usd purchase temp disabled wtf
Posted by CrystalPreserves
Member since May 2019
3955 posts
Posted on 1/29/21 at 9:58 am to
Coinbase and Voyager are both shite right now. Can’t buy anything with USD on coinbase, can’t even get the Voyager app to open and they have no desktop website.

FML... I have a couple thousand in VGX. I was in the green for about $700 in about 4 hours when they pulled the plug. I hope they aren’t pulling a robinhood..
Posted by UnluckyTiger
Member since Sep 2003
41108 posts
Posted on 1/29/21 at 10:00 am to
Yeah they may be gearing up for a bull run...
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 1/29/21 at 10:00 am to
That wasnt the argument fool
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/29/21 at 10:22 am to
quote:

but I do wonder what happens to it once they do a bitcoin ETF



AAPL should transfer some of their cash reserves into BTC
Posted by CE Tiger
Metairie
Member since Jan 2008
41878 posts
Posted on 1/29/21 at 10:26 am to
quote:

That wasnt the argument fool


Just trying not to have this end like last time and people fomo in to crap because it’s cheap. There’s legit projects that should increase signifying value.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/29/21 at 10:31 am to
Agree. I see a lot of speculation about this run mimicking 2017, but I think it will be different. The dynamics in play today are completely different and more mature.

Some shite coins with no use case will pump, but I think the run is going to be more concentrated for the Alts. BTC obviously leading the way.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82019 posts
Posted on 1/29/21 at 10:38 am to
quote:

Agree. I see a lot of speculation about this run mimicking 2017, but I think it will be different. The dynamics in play today are completely different and more mature.



Yes, this run is ridiculously different than 2017. Differences now that did not exist in 2017:

-Companies and big money funds buying now vs strictly retail in 2017
-Lightning network settlement for low fee and instant usage
-M2 supply going apeshit
-FIAT around the world is in a race to the bottom of devaluation
-Cost of living inflation going crazy
-Record amount of coins exiting exchanges to long term cold storage
-More recently, the public is becoming incredibly woke that the game is rigged with the whole GME saga

And I'm probably forgetting other items
Posted by brdrone
wanderer
Member since Jul 2016
208 posts
Posted on 1/29/21 at 10:42 am to
Friday payday DCA with Kraken totally down, CB flakey and ETH gas 100+ all morning. Riddle me; How does the Bull market rage with busted exchanges? Cant even buy more doge on Robinhood.
Moon mission: GO [abort]
Posted by CE Tiger
Metairie
Member since Jan 2008
41878 posts
Posted on 1/29/21 at 10:46 am to
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 1/29/21 at 10:47 am to
I disagree, i think a shite ton of new money is really dumb money.


How much just got pumped into Doge and wall st because "Someone told me to"

I have people today telling me they are still buying doge to go to $1.


I still think you will have a lot of people chasing 20% rips in all kinds of shite coins. And tbh I still think most are shite, and that includes the 25 different projects I have money in
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82019 posts
Posted on 1/29/21 at 10:47 am to
No mention of bitcoin at all in your post. Bitcoin leads the moon mission. No issues buying at 95% of outlets right now. Even Coinbase Pro is fine.

ETH will never moon until they fix their fee issue. And doge is a pump and dump scam.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82019 posts
Posted on 1/29/21 at 10:50 am to
quote:

I disagree, i think a shite ton of new money is really dumb money.


How much just got pumped into Doge and wall st because "Someone told me to"

I have people today telling me they are still buying doge to go to $1.
The amount of money flown into Doge over the past week isn't even 1% of Bitcoin's market cap. I'm talking about things that move the needle in a big way. Dumb retail investors aren't going to push Bitcoin to $100k
This post was edited on 1/29/21 at 10:51 am
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 1/29/21 at 10:56 am to
But they pushed a meme coin into the top 7 of total market cap.

Very few people have most of their money in BTC. I know you do, and I venture to say you are one of the few on the entire board that does.
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