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re: Official CryptoTalk Thread

Posted on 4/23/21 at 9:44 am to
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/23/21 at 9:44 am to
doge being a top 5 crypto by market cap for a bit was my first sign this is getting ridiculous and its probably time to watch the charts for bear signals
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/23/21 at 9:47 am to
yea that was very disappointing but it made me realize we are still early

which is not overall a bad thing if you believe in it long term
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/23/21 at 9:49 am to
its actually a good thing if you're someone ITT reading and understanding cause it means theres still time for moons and lambos.

I think we're on course for there to only be 2-3 more bull runs like this in the future but doge being retarded ensured there will be at least a few more.
This post was edited on 4/23/21 at 9:50 am
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/23/21 at 9:51 am to
DOGE definitely shook my faith and made me realize how frothy we’ve gotten. The liquidated kings made me realize how much of this market is still overly speculative.

However I think a few more institutional buy ins and the FUD of this last week becomes a distant memory
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/23/21 at 9:58 am to
Yea, been thinking about waiting for my big buy for later on this year now but also weighing in the factor of racking up interest by putting it into blockfi/celcius sooner rather than later
This post was edited on 4/23/21 at 10:51 am
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/23/21 at 9:59 am to
I’m hoping to drop 50k in 1.5 years in crypto and then retire in 2025

Suffice to say I’m going all in if BTC ever drops below 20k
This post was edited on 4/23/21 at 10:00 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/23/21 at 11:19 am to
does anyone know why the louisiana state legislature passed a bill thanking satoshi. wtf is happening

LINK
This post was edited on 4/23/21 at 11:19 am
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 4/23/21 at 11:24 am to
it looks like it's more for this "Moxey" thing
quote:

WHEREAS, Community currencies, such as Moxey, which is a proprietary digital
community currency invented in Louisiana, are beneficial to businesses that participate in
these transactions or exchanges by providing access to new customers, better access to
capital, and new tools for employee bonuses and compensation; and
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/23/21 at 11:29 am to
interesting

I checked mark wrights twitter and he mentions blockchain and he is apparently doing a podcast about bitcoin LINK
This post was edited on 4/23/21 at 11:30 am
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/23/21 at 11:43 am to
quote:

Suffice to say I’m going all in if BTC ever drops below 20k
Says everyone. Just saying.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/23/21 at 11:59 am to
its a fair point which is probably why it would be wise to start dca'ing much earlier. just if for whatever reason it gets below 20k I'm talking take loans out and shite
Posted by civilag08
Member since Feb 2011
823 posts
Posted on 4/23/21 at 12:34 pm to
So, China seems to be eager to roll out their CBDC, just wondering if and when the US does as well...will it be just another Sh*tcoin? I wonder how inflationary it will be compared to doge?
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/23/21 at 12:48 pm to
So what's the conspiracy for that blockfi 10%? They want us to put it in there so they can use to buy btc?
Posted by DeathValley85
Member since May 2011
18997 posts
Posted on 4/23/21 at 12:55 pm to
quote:

So what's the conspiracy for that blockfi 10%? They want us to put it in there so they can use to buy btc?


They lend out your money/crypto like a bank does. Demand for borrowing simply could have gone up even more.
Posted by Crawdaddy
Slidell. The jewel of Louisiana
Member since Sep 2006
19135 posts
Posted on 4/23/21 at 1:08 pm to
I created a BlockFi account. Is t really worth me putting all my Btc, Eth, and link in there?

I’m in for long haul. Whats the hidden catch?
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/23/21 at 1:39 pm to
If you are confident in putting your money into stocks with fidelity i think it would be safe to put it in there as well.
Posted by DeathValley85
Member since May 2011
18997 posts
Posted on 4/23/21 at 2:03 pm to
quote:

Whats the hidden catch?


Obviously read everything you can find to make an informed decision, but no hidden catches.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82121 posts
Posted on 4/23/21 at 2:28 pm to
That’s my LA Rep. had no clue he was a bitcoiner
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7595 posts
Posted on 4/23/21 at 2:54 pm to
If I have btc, eth, and a few other coins In Coinbase Pro and bittrex, can I transfer them to blockfi?
Posted by bluebarracuda
Member since Oct 2011
19223 posts
Posted on 4/23/21 at 2:57 pm to
quote:

I created a BlockFi account. Is t really worth me putting all my Btc, Eth, and link in there?



I recently created one too. Put all the btc I've mined in it, and plan on doing monthly transfers from my mining account to blockfi
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