Started By
Message

re: Official CryptoTalk Thread

Posted on 4/24/21 at 2:10 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82121 posts
Posted on 4/24/21 at 2:10 pm to
That is an incredible "big picture" chart
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82121 posts
Posted on 4/24/21 at 2:12 pm to
The shitcoin run usually precedes the big bitcoin run. Recall that the vast majority of BTC gains in 2017 happened towards the end of that year while shitcoins went bananas all summer/fall
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/24/21 at 2:14 pm to
it goes back and forth. shitcoins went on a huge run in January after btc hit its ATH in december, then it went to shite in february/march
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/24/21 at 2:32 pm to
the way I look it right now is if it goes to 62k while I'm on the sidelines, I lost 20% gains, I can still get in at 62k and guarantee a positive return cause its gonna go up to 100k at some point if we crack 62-65k.

or I can sit on my arse and make USDC interest on voyager with zero risk other than potential lost gains

the risk/benefit isnt there for me right now to hodl because I cant swing trade worth a shite
This post was edited on 4/24/21 at 2:33 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82121 posts
Posted on 4/24/21 at 2:34 pm to
I can't time the market so I'll stay all in on our road to $100k+
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/24/21 at 2:35 pm to
also reasonable. I just dont have the fiat to blow right now so it kind of works out for me

I will admit some of my analysis is "cope"

Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/24/21 at 2:54 pm to
the game theory behind bitcoin makes me think one should always have exposure even if you don't have a lot of faith in it short term.

globally fiat is breaking and granted, most of these nation states will likely choose the dollar to replace/back thier failing currency but it's only a matter of time before one chooses bitcoin (imo)..what happens then?

wild times ahead
This post was edited on 4/24/21 at 2:57 pm
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5594 posts
Posted on 4/24/21 at 3:25 pm to
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 4/24/21 at 3:33 pm to
Next bull run is gonna be the biggest, I think.

Once is an anomaly. Twice is lucky. Three times is a pattern.

Bitcoin proved itself this bullrun and people are waiting for a dip to get in.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/24/21 at 3:39 pm to
quote:

Next bull run is gonna be the biggest, I think.
Every consecutive bull run has seen lower % returns to date.
Posted by GeneralLee
Member since Aug 2004
13956 posts
Posted on 4/24/21 at 3:40 pm to
What does the board think of digibyte? Seems like it could be a good lotto ticket for the next sh*tcoin to have an insane run.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5594 posts
Posted on 4/24/21 at 3:52 pm to
quote:

digibyte


I wish it was available on coin base. I think it’s about to go off
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5546 posts
Posted on 4/24/21 at 3:54 pm to
quote:

That is an incredible "big picture" chart


If The trends in that chart were to continue the peak for this bullrun would be around 112,000 in September.
Although I don’t believe there’s anyway that you can draw parallels to this bull run and the last two. There are too many different variables.

The biggest being the amount of money it would take to push the price up that high

Eta: Also I’ve never researched the validity of any of these charts that you guys post. How do we know they are correct?
This post was edited on 4/24/21 at 4:05 pm
Posted by slackster
Houston
Member since Mar 2009
91480 posts
Posted on 4/24/21 at 7:29 pm to
quote:

but it's only a matter of time before one chooses bitcoin (imo)..what happens then?


What happens then is transactions get very volatile.

I guess you can argue the chicken or the egg in that scenario though. Does volatility decrease substantially in that case, or does that need to happen first before BTC is an option?

Why not just back it by a stable value coin? (Serious question)
Posted by LSUAngelHere1
Watson
Member since Jan 2018
10137 posts
Posted on 4/24/21 at 8:08 pm to
BTC will be $70-72k around the week of May 21
Posted by LSUAngelHere1
Watson
Member since Jan 2018
10137 posts
Posted on 4/24/21 at 8:10 pm to
Anyone else heavy in Safemoon?
Posted by zzgobucky
Madison
Member since Sep 2016
1825 posts
Posted on 4/24/21 at 8:41 pm to
I traded all my BTC for Safemoon on Monday. Very risky I know, but I feel like it's worth the risk given the backing it has already received and their tokenomics are intriguing. Definitely am monitoring it closely to pull out if things start to look fishy.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 4/24/21 at 8:43 pm to
Jesus
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/24/21 at 8:50 pm to
I guess I’m just a boomer but I like my old trusties
Posted by zzgobucky
Madison
Member since Sep 2016
1825 posts
Posted on 4/24/21 at 8:52 pm to
Haha yeah massive gamble I know, but if freakin Doge can take off like it has, no reason Safemoon can't, at least in the interim. Helps that they have been added to five new exchanges this week. The only reason I traded my BTC is I have waaay more LINK and ETH and I did not want to part with them.
first pageprev pagePage 1411 of 2241Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram