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Started By
Message
re: Official CryptoTalk Thread
Posted on 2/17/21 at 10:17 am to CE Tiger
Posted on 2/17/21 at 10:17 am to CE Tiger
Stock market just in spin cycle until the fresh dollars from Nance & Joe show up. Feel much more confident in crypto since that is a market still growing, unlike stocks backed by a stagnant economy, and bitcoin has (thankfully) become considered a SOV and inflation hedge first and foremost.
Still think SPX is around 4300 by May, personally. But crypto market cap (currently 1.5T) will perform much better in that span imo.
The dumb stuff like this board drooling over TSNP because they think it’s a “cheap” penny stock despite it being a shell with a $5B valuation and no US product, is for people who know nothing about crypto thinking they’re in crypto is scammy shite like adding .com to a name in 2000 or the 2018 ICOs that needs to die.
Still think SPX is around 4300 by May, personally. But crypto market cap (currently 1.5T) will perform much better in that span imo.
The dumb stuff like this board drooling over TSNP because they think it’s a “cheap” penny stock despite it being a shell with a $5B valuation and no US product, is for people who know nothing about crypto thinking they’re in crypto is scammy shite like adding .com to a name in 2000 or the 2018 ICOs that needs to die.
2
Posted on 2/17/21 at 10:24 am to rocket31
quote:
they didnt even see it coming, and now they are holding on, not because its rational or logical, but because its become an emotional trade - they have waited decades for this moment.
absolutely brutal
To be fair, it's at an all time high, but its dumb to not evolve and recognize greater returns.
A while back with AG majestic was being shorted, I tipped my boss. Instead of buying it on the market, he runs out and buys silver coins.... I was like wtf???
Old people and their money man. Inreally do fell sorry for some of them. This is a guy that will retire as a 2-3 million 401k so I don't feel real bad for him specifically, but I do feel bad for those that can't see the revolution coming.
Posted on 2/17/21 at 10:27 am to maclauer
quote:
The dumb stuff like this board drooling over TSNP because they think it’s a “cheap” penny stock
that groups does seem...simple
Posted on 2/17/21 at 10:28 am to lsu777
quote:
Old people and their money man. Inreally do fell sorry for some of them. This is a guy that will retire as a 2-3 million 401k so I don't feel real bad for him specifically, but I do feel bad for those that can't see the revolution coming.
silver bugs will take a risk to just earn 10% for the year
when they can buy USDC stable coins and earn 12% guaranteed. brutal
Posted on 2/17/21 at 10:30 am to rocket31
What they’ve done well is identify active small cap stocks, which are great vessels for trading. Great volatility breeds great opportunity. I just hope they don’t fall in love with the scam story and think it to be a long term investment.
Posted on 2/17/21 at 10:48 am to rocket31
quote:This should be quoted and pinned in every gold/silver thread. So spot on. I've noticed the shift to it being an emotional trade now among the loud voices on twitter. They wanted to be right so badly, the time had come, and they aren't so their entire thought process and credibility is on the line which leads to emotional response.
imagine being a silver or gold bug, waiting for a scenario like this to play out in a society, where inflation worries and endless printing are of constant discussion, which should make precious metals valuable, only to get completely cucked by digital assets.
they didnt even see it coming, and now they are holding on, not because its rational or logical, but because its become an emotional trade - they have waited decades for this moment.
absolutely brutal
Posted on 2/17/21 at 10:50 am to TigerTatorTots
its probably nothing
Posted on 2/17/21 at 11:17 am to CE Tiger
Where are you sending the BNT?
Posted on 2/17/21 at 11:34 am to lighter345
Liquidity pools . Can’t do shite for three days though since I need all the bnt to make it worth it with gas fees
This post was edited on 2/17/21 at 11:35 am
Posted on 2/17/21 at 11:54 am to CE Tiger
Got it, thanks.
Posted on 2/17/21 at 12:15 pm to lighter345
Send.It.To.$40.
Posted on 2/17/21 at 12:27 pm to CE Tiger
CB opened a ETH2.0 waitlist. 7.5% and saying they may have something available to allow trading of staked ETH
Posted on 2/17/21 at 12:38 pm to CE Tiger
quote:
Send.It.To.$40
It better hurry, dots about to pass it up baw
Posted on 2/17/21 at 12:38 pm to jimbeam
quote:
CB opened a ETH2.0 waitlist. 7.5% and saying they may have something available to allow trading of staked ETH
Gonna look onto that for sure. Thanks for heads up.
Posted on 2/17/21 at 1:26 pm to rocket31
lord have mercy we are watching bitcoin replace gold in real time
down 16% today
down 16% today
Posted on 2/17/21 at 1:44 pm to rocket31
Might need to have a Gigachad Saylor sculpture in my future garden if this keeps up
Goodness
Goodness
Posted on 2/17/21 at 2:08 pm to maclauer
bnb coin up 36% today and is eth flat
probably nothing
probably nothing
This post was edited on 2/17/21 at 2:13 pm
Posted on 2/17/21 at 2:14 pm to rocket31
ETH is up 18x on the year. I can let it stay in consolidation a little longer
Posted on 2/17/21 at 2:18 pm to jimbeam
let's see since my thesis that eth has major problems and should not be considered as a long term investment in it's current form...
the "eth killers" have absolutely decimated it as people have rotated into other ecosystems
bnb seems to be leading the charge today.
this isn't consolidation.
the "eth killers" have absolutely decimated it as people have rotated into other ecosystems
bnb seems to be leading the charge today.
this isn't consolidation.
Posted on 2/17/21 at 2:24 pm to rocket31
so whats your theory? something will replace ETH as #2 marketcap? Eth will just die off? what ya willing to wager?
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