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Message
re: Official CryptoTalk Thread
Posted on 2/23/21 at 9:05 am to lsu777
Posted on 2/23/21 at 9:05 am to lsu777
quote:
I was expecting more of a bounce this morning and expected it to get closer to 50k based on market depth, doesnt look like that will be the case though
I think in a vacuum it probably would have, but with the traditional markets also shitting the bed, it's hard for BTC to get much momentum
0
Posted on 2/23/21 at 9:07 am to lsu777
just a bear trap
next stop $100k
shouldn't be selling
next stop $100k
shouldn't be selling
Posted on 2/23/21 at 9:10 am to DVinBR
we need jpowel at the fiat printer and tether at the tether printer. see you soon on mars
Posted on 2/23/21 at 9:10 am to DreauxB2015
quote:
I always like the " Buy here , we may never see these prices again " comments .
happens every single time.
Posted on 2/23/21 at 9:12 am to rocket31
need more binancecoin out there as well
Posted on 2/23/21 at 9:13 am to DVinBR
quote:
just a bear trap
next stop $100k
shouldn't be selling
come back in 5 years retard. pick any 5 year period and tell me if BTC is not a good investment. Hell make it 4. or make it 10.
You cant though cause it doesnt fit your narrative.
Posted on 2/23/21 at 9:14 am to ChuckO1975
quote:
happens every single time.
i have not been proven wrong yet on this, dont count your chickens yet. every dip has shown support at 45k. Also another at 42k so we havent seen sub 40 yet.
Personally I hope the whole market takes a 35% dump.
Posted on 2/23/21 at 9:20 am to jmcwhrter
During an inflationary environment, all asset prices typically go up. Today's red across the market isn't related to inflation scares
Posted on 2/23/21 at 9:21 am to lsu777
quote:6 months*
come back in 5 years retard. pick any 5 year period and tell me if BTC is not a good investment. Hell make it 4. or make it 10.
Posted on 2/23/21 at 9:23 am to DVinBR
quote:
just a bear trap
next stop $100k
shouldn't be selling
Selling Bitcoin is always a gamble.
If BTC can't create some distance from 45k, then we could range as low as 32-33k IMO. Wouldn't shock me to see it back in mid to upper 20s either. I don't think it's dumb to be buying right now, but I think it's smarter to wait and see what happens.
Posted on 2/23/21 at 9:25 am to lsu777
quote:
Personally I hope the whole market takes a 35% dump.
Yeah, I'll take 35% or more myself lol
quote:
i have not been proven wrong yet on this, dont count your chickens yet. every dip has shown support at 45k. Also another at 42k so we havent seen sub 40 yet.
45k seems significant to me. If it can't end week above 45k, I'll be stashing the checkbook until people start talking about how they "should have sold at 50K!".
Posted on 2/23/21 at 9:25 am to ChuckO1975
Anyone here own/have any thoughts on XLM?
Posted on 2/23/21 at 9:36 am to Old Money
XLM seems to be one of the more legitimate projects in the space imo. not sure what that means for adoption
Posted on 2/23/21 at 9:41 am to Old Money
quote:
Anyone here own/have any thoughts on XLM?
What makes you interested in it?
Posted on 2/23/21 at 9:42 am to lsu777
you sound mad
i just said you shouldn't be selling
i just said you shouldn't be selling
Posted on 2/23/21 at 9:49 am to jmcwhrter
quote:
I'm holding just like you pal
I ain’t your pal.
Posted on 2/23/21 at 9:51 am to ChuckO1975
quote:
BTC can't create some distance from 45k, then we could range as low as 32-33k IMO. Wouldn't shock me to see it back in mid to upper 20s either. I don't think it's dumb to be buying right now, but I think it's smarter to wait and see what happens.
don't buy it chuck,. remember the tether scam?
Posted on 2/23/21 at 9:58 am to rocket31
quote:
XLM seems to be one of the more legitimate projects in the space imo. not sure what that means for adoption
They haven't flamed out since the last big run up, so I take that as whatever they're doing seems to be legitimate enough to have some value. It's confusing to me since there are like 500 coins that all talk about being some open source blockchain payment system
Posted on 2/23/21 at 10:03 am to Old Money
quote:
They haven't flamed out since the last big run up, so I take that as whatever they're doing seems to be legitimate enough to have some value. It's confusing to me since there are like 500 coins that all talk about being some open source blockchain payment system
XLM has followed a similar trajectory to the rest of the market. It's all dependent on what happens to Bitcoin prices.
Posted on 2/23/21 at 10:14 am to Old Money
quote:
confusing to me since there are like 500 coins that all talk about being some open source blockchain payment system
i personally do not quite buy into the long term value of "payment coins"
xrp, xlm, nano, etc all seem to think they will be the payment system of the future, but we already have credit cards (with consumer protections and rewards points) and venmo/cash app (free, instant)
plus there will be a "fed coin" sooner rather than later
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