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re: Official CryptoTalk Thread

Posted on 4/18/21 at 8:12 am to
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71444 posts
Posted on 4/18/21 at 8:12 am to
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/18/21 at 8:27 am to
We should have bought doge instead
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15321 posts
Posted on 4/18/21 at 8:27 am to
Hodl and buy
Posted by ronricks
Member since Mar 2021
11292 posts
Posted on 4/18/21 at 8:32 am to
These 10% BTC dips are like a gift.
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 4/18/21 at 8:32 am to
This is my fault. I bought at $63k
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 4/18/21 at 8:44 am to
Welp there goes all the long leverage

Is anyone using a good futures exchange they like? I see bitmex and bybit are not allowed.
This post was edited on 4/18/21 at 8:46 am
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 4/18/21 at 8:56 am to
quote:

These 10% BTC dips are like a gift.



Buying the dip like
Posted by Powerman
Member since Jan 2004
171628 posts
Posted on 4/18/21 at 8:58 am to
I just read that the 10% dip is due to a reduction in hash rate due to some power outages in China

This is definitely a temporary dip that will bounce back
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/18/21 at 9:04 am to
Meh. Its the 150x leverage getting liquidated on binance. You can tell it’s fairly isolated to btc because independent coins like eth and vet are about the same or higher.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/18/21 at 9:08 am to
$1.4B in btc longs liquidated within an hour last night and ~7B total
This post was edited on 4/18/21 at 9:11 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/18/21 at 9:14 am to
quote:

you guys think BTC back above $60k this week is inevitable?


we had 7 green candle months in a row (this is a bitcoin record)

do not be surprised if we get a red one eventually
This post was edited on 4/18/21 at 9:15 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82124 posts
Posted on 4/18/21 at 9:20 am to
quote:

Do you guys think BTC back above $60k this week is inevitable?

May or may not be this week, but that wasn't the top. We will be back
Posted by Powerman
Member since Jan 2004
171628 posts
Posted on 4/18/21 at 9:21 am to
quote:

Meh. Its the 150x leverage getting liquidated on binance.

Possible

Just sharing what I read. I don't claim to know the real answers
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 4/18/21 at 9:37 am to
quote:

You can tell it’s fairly isolated to btc because independent coins like eth and vet are about the same or higher.


Can you explain? I feel like I'm missing something. The whole market has taken at least a 10% hit, except the damn meme coin

Posted by slacker130
Your mom
Member since Jul 2010
8960 posts
Posted on 4/18/21 at 10:09 am to
Just set some limit buys for the first time. I hope I had enough coffee to do it right!
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/18/21 at 10:12 am to
yea I'm not sure what he meant there

although vet held up well...

meanwhile doge continues on unphased
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/18/21 at 10:15 am to
we are currently down 15% from ATH

for reference we experienced a ~30% dip back in January and the bull market continued fwd
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/18/21 at 10:17 am to
quote:

May or may not be this week, but that wasn't the top. We will be back


I’m actually hoping it drops more. I don’t have a ton invested in bitcoin but I do have some. I want to buy then dip with another $1k or so but I’d like it to dip back below $50k first
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 4/18/21 at 11:27 am to
Link rebounding nicely
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15321 posts
Posted on 4/18/21 at 11:51 am to
Ada is rebounding and Vecoin really didnt dip very much.

Think this was a good correction long term
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