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re: Official CryptoTalk Thread

Posted on 4/19/21 at 8:26 pm to
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 4/19/21 at 8:26 pm to
quote:

Buy BTC when? $54,000? When's everyone smell opportunity to load up?

The recent bottoms have been 3/25 in the 51s and Saturday night in the 52s. MSTR & SQ packed their bags in that range and $1T cap is in the 53s so there should be a lot of clutter in the low 50s to act as support.

I just bought on Saturday in the 52s and have too much net worth % concentrated in BTC so I’m personally not looking to pack more bags. Fortunately took alt profits late Friday and Saturday before the dump. Feel like we’re gonna be stuck ranging in the 50s for a bit unless there’s a catalyst like more random FUD to the downside or a new corporate treasury announcement during Q1 earnings season to the upside.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/19/21 at 9:06 pm to
there are some characters on the political talk when discussing cryptos
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/19/21 at 9:33 pm to
if those idiots were smart enough theyd realize bitcoin is exactly what they want. they are so brainwashed by fiat that theyd rather the state control their money

at least we know we are early
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71441 posts
Posted on 4/19/21 at 9:39 pm to
I just don't understand how I'm gonna use bitcoin when the governemnt cuts off my internet
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 4/19/21 at 9:46 pm to
The best thing the poli board could do tonight is siphon a little btc into cold storage. hold the line.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 4/19/21 at 10:01 pm to
Use your Rome gold. Duh!
Posted by lsu777
Lake Charles
Member since Jan 2004
37051 posts
Posted on 4/19/21 at 10:07 pm to
That is it. Vip is 25 and usually has about 5-8 calls per week. Wouldn't expect many this week with the market volatility right now
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/19/21 at 10:07 pm to
really unsure why it hasnt caught on over there. seems like a bunch of dudes who do not have much trust in our institutions and ideally prefer to be self-sovereign
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82122 posts
Posted on 4/19/21 at 10:15 pm to
It’s wild how some haven’t made the connection. That’s personally how I landed on bitcoin- major distrust in government and poor monetary policy. Seems to be a similar mindset as a majority of the politalk guys. That’s what lit the curiosity spark for me, then the properties of bitcoin drew me in. Unfortunately those guys are too stuck in their ways supporting the very system they hate.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13437 posts
Posted on 4/19/21 at 10:35 pm to
quote:

really unsure why it hasnt caught on over there.

The poli board IQ is about 60 these days and is filled with a bunch of mouthbreathing nationalist boomers. Trump and Mnuchin hated crypto so that’s pretty much a lot of the supporters opinions too
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/19/21 at 10:42 pm to
Their distrust of “the system” has led to a distrust of all systems, including the Bitcoin network. Ironically, it’s a system that requires zero trust in people to believe in.
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22542 posts
Posted on 4/19/21 at 11:16 pm to
Newegg officially taking doge coin as payment method. Source is their official Twitter
Posted by LSUfonte
South Texas
Member since Jan 2004
8272 posts
Posted on 4/20/21 at 12:16 am to
It’s officially DogeDay420!! Let’s go!!!!!
Posted by lsu777
Lake Charles
Member since Jan 2004
37051 posts
Posted on 4/20/21 at 6:57 am to
Wtf? I hate this gay earth.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22628 posts
Posted on 4/20/21 at 7:15 am to
Does BTC closing below the 50-day Moving Average yesterday concern you?? Is it really a stock and should traditional benchmarks and storm warnings apply??

6-month chart:



Posted by tween the hedges
Member since Feb 2012
20590 posts
Posted on 4/20/21 at 7:19 am to
As my portfolio is actually worth more than my car now and I’m thinking of throwing some more fiat in for the first time in years...what does everyone do to protect your assets if something happens to you? Right now only I know my keys and I have them saved in a word doc on a flash drive.
Posted by lsu777
Lake Charles
Member since Jan 2004
37051 posts
Posted on 4/20/21 at 7:31 am to
quote:

Does BTC closing below the 50-day Moving Average yesterday concern you?? Is it really a stock and should traditional benchmarks and storm warnings apply??


yes I posted yesterday I think, and the analysts I follow believe, there is a very good possibility that we head down below 50 this week before finding support.

Now, with it being 4/20 and the whole 4/20 doge thing...wtf do i know. One tweet by elon could change everything. But in general it is showing signs of a pullback.
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/20/21 at 7:47 am to
It's bitcoins time of the month
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22542 posts
Posted on 4/20/21 at 8:11 am to
quote:

Wtf? I hate this gay earth.


Haha why?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/20/21 at 8:25 am to
20 week or GTFO
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