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rocket31
Toledo Fan
Member since Jan 2008
36537 posts
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re: Official CryptoTalk Thread
quote:

Has anyone looked into the Greyscale Trust (GBTC) ? I was thinking about moving some IRA $ and moving it to buy GBTC.


pretty sure a BTC ETF is opening soon in the US, just keep that in mind


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01
rocket31
Toledo Fan
Member since Jan 2008
36537 posts
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re: Official CryptoTalk Thread
quote:

Average price of $51,200. What chumps!


so that's 3,318 BTC for $170 million.

last year they bought 4,709 BTC for $50 million.

lesson there for anyone paying attention


TomSpanks
Florida Fan
Baton Rouge
Member since Dec 2005
553 posts

re: Official CryptoTalk Thread
Today has been rough, what's everyone thinking we wake up to tomorrow? More carnage or will the asians pump everything up?


Vols&Shaft83
Auburn Fan
Throbbing Member
Member since Dec 2012
67367 posts
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re: Official CryptoTalk Thread
quote:

so that's 3,318 BTC for $170 million.

last year they bought 4,709 BTC for $50 million.

lesson there for anyone paying attention




That they buy a lot of bitcoin


jimbeam
US Army Fan
University of LSU
Member since Oct 2011
69622 posts
 Online 

re: Official CryptoTalk Thread
Y’all heard about TightCoin? It’s $0.69 right now.


Vols&Shaft83
Auburn Fan
Throbbing Member
Member since Dec 2012
67367 posts
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re: Official CryptoTalk Thread
quote:

Y’all heard about TightCoin? It’s $0.69 right now.




There's a sex joke in there somewhere


There's a Buttcoin, we need a Pussycoin


rocket31
Toledo Fan
Member since Jan 2008
36537 posts
 Online 

re: Official CryptoTalk Thread
Bitcoin is now back to where it was 7 days ago ($49,5)

some of these other coins are still beaten down

worth paying attention to


finchmeister08
Florida Fan
Member since Mar 2011
24700 posts
 Online 

re: Official CryptoTalk Thread
I’m seeing $49,800 and some change.


FlyinTiger93
LSU Fan
Member since May 2010
2247 posts

re: Official CryptoTalk Thread
50K overnight, 60K by the weekend.


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10
HurricaneDunc
Bowling Green Fan
Houston
Member since Nov 2008
10409 posts

re: Official CryptoTalk Thread
quote:

Today has been rough, what's everyone thinking we wake up to tomorrow? More carnage or will the asians pump everything up?


I’ve been watching the depth chart on Coinbase at night before bed. Last two nights - heavy tilt on buy side around 10 or 11p, wake up in the morning and price has tanked. Can’t tell you that really means anything, but seems like Asia could be waking up and selling past few days.


Ross
Auburn Fan
Member since Oct 2007
43484 posts

re: Official CryptoTalk Thread
Or some whales shorted the shite out of the market and used leverage to create flash crashes and then panic selling followed


TomSpanks
Florida Fan
Baton Rouge
Member since Dec 2005
553 posts

re: Official CryptoTalk Thread
That's definitely what has happened the last couple of nights, and I'm assuming that'll happen again tonight, but have no idea.


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00
Vols&Shaft83
Auburn Fan
Throbbing Member
Member since Dec 2012
67367 posts
 Online 

re: Official CryptoTalk Thread
I'm just gonna blame China because frick China and everyone who looks like China


Ross
Auburn Fan
Member since Oct 2007
43484 posts

re: Official CryptoTalk Thread
Hey man it’s just cryptos going on discount


Vols&Shaft83
Auburn Fan
Throbbing Member
Member since Dec 2012
67367 posts
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re: Official CryptoTalk Thread
I know, but frick China anyway.


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30
jmcwhrter
Member since Nov 2012
3303 posts

re: Official CryptoTalk Thread
quote:

I’ve been watching the depth chart on Coinbase at night before bed. Last two nights - heavy tilt on buy side around 10 or 11p, wake up in the morning and price has tanked. Can’t tell you that really means anything, but seems like Asia could be waking up and selling past few days.


Its a beautiful game they play. Many of the most popular Twitter influencers are European..

Every night the Asians grind it up with steady small green candles. Then at 7 or 8am London time, it plummets

Then they all blame "the asian session"


JayDeerTay84
LSU Fan
Texas
Member since May 2013
7585 posts
 Online 

re: Official CryptoTalk Thread
F2Pool dumps?


ChuckO1975
LSU Fan
Member since Feb 2021
90 posts

re: Official CryptoTalk Thread
quote:

Eh, there won't be any need for decentralization so it should scale easily.


Haha yeah good point!


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00
jmcwhrter
Member since Nov 2012
3303 posts

re: Official CryptoTalk Thread
quote:

F2Pool dumps?


That whole fiasco is interesting to me..

Am I correct in my understanding that these Chinese mining farms are running off of subsidized electricity from the CCP? Which you would assume means the CCP controls the BTC that these pools generate ?


Vols&Shaft83
Auburn Fan
Throbbing Member
Member since Dec 2012
67367 posts
 Online 

re: Official CryptoTalk Thread
fricking China


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