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re: Official CryptoTalk Thread
Posted on 5/12/21 at 7:19 pm to TigerTatorTots
Posted on 5/12/21 at 7:19 pm to TigerTatorTots
I lucked out and avoided this drop because half of my stack is in stable coins and half is in shitcoins that didn’t shite the bed too badly. #blessed
Posted on 5/12/21 at 7:20 pm to Douglas Quaid
AAAAHHHHH. WHAT IS HAPPENNINGGGGG????!!!!
Posted on 5/12/21 at 7:22 pm to OneMoreTime
USDC gonna fall to $0.50.
Posted on 5/12/21 at 7:23 pm to CecilShortsHisPants
Elon probably lost half his fan base with this stunt. Whole thing seems so odd though, like maybe he was forced into this by the SEC or something.
Posted on 5/12/21 at 7:23 pm to GeneralLee
Or maybe he created the dip to buy it 
Posted on 5/12/21 at 7:25 pm to jimbeam
quote:
Or maybe he created the dip to buy it
If I had a gun to my head and had to guess right, that's the theory I'd go with.
I know I shouldn't be surprised, but I am still surprised by how much his comments moved the market.
Elon says a lot of things, people should have figured that by now.
Posted on 5/12/21 at 7:27 pm to jimbeam
This is way worse than the “taking Tesla private at $420” tweet. Dude is manipulating an entire asset class.
Posted on 5/12/21 at 7:27 pm to GeneralLee
Elon can eat a bag of dicks
It will take a long time for BTC to reclaim the highs and 55-57 will likely be a thicc resistance level
The window is here for ETH to flip imo
It will take a long time for BTC to reclaim the highs and 55-57 will likely be a thicc resistance level
The window is here for ETH to flip imo
Posted on 5/12/21 at 7:28 pm to TigerTatorTots
quote:
I'm trying to buy and Coinbase Pro is down. frick
I picked up some BTC at 48,100 and some Ether at 3,850
Now I need to turn off the computer and quit checking the prices.
This post was edited on 5/12/21 at 7:30 pm
Posted on 5/12/21 at 7:28 pm to CecilShortsHisPants
I just watched Bitcoin tank to $46.5K and then quickly back up to $52.6K. Rollercoaster ride.
Posted on 5/12/21 at 7:32 pm to 98eagle
this is amazing to watch
had some limit orders sitting in the 46k range for weeks (believed to be support but whatever)
and then BAM BAM BAM they all hit in minutes
this shite is crazy
had some limit orders sitting in the 46k range for weeks (believed to be support but whatever)
and then BAM BAM BAM they all hit in minutes
this shite is crazy
Posted on 5/12/21 at 7:34 pm to Shankopotomus
we’re fighting back boys
Posted on 5/12/21 at 7:37 pm to maclauer
quote:ehhh. I'd bet this dies down pretty quickly.
It will take a long time for BTC to reclaim the highs and 55-57 will likely be a thicc resistance level
The window is here for ETH to flip imo
Posted on 5/12/21 at 7:40 pm to castorinho
just wait till the market finds out Zuck put Bitcoin on the Facebook balance sheet
Posted on 5/12/21 at 7:40 pm to castorinho
maybe..
the thing is, the next tweet he makes could even be worse.
the thing is, the next tweet he makes could even be worse.
This post was edited on 5/12/21 at 7:41 pm
Posted on 5/12/21 at 7:42 pm to castorinho
I'm going to see how things play out overnight and if there is a further dip I'm going to go discount shopping.
Posted on 5/12/21 at 7:42 pm to James11111
quote:
Now I need to turn off the computer and quit checking the prices.
Yeah, I bought the dip a few hours ago from the Vitalik news, checked in on the portfolio 15m ago to see the damage from Elon and said "whelp....don't open this app again for a while".
This post was edited on 5/12/21 at 7:43 pm
Posted on 5/12/21 at 7:42 pm to castorinho
quote:
ehhh. I'd bet this dies down pretty quickly.
We hit 58 in February and outside Coinbase hype into mid60s last month we’ve struggled to find buyers above that level for 3 months
The long term outlook shouldn’t be impacted but new highs will be difficult for a bit without a new catalyst
Posted on 5/12/21 at 7:47 pm to maclauer
yea. I think other cryptos have the moat right now
Posted on 5/12/21 at 7:49 pm to castorinho
quote:
Or maybe he created the dip to buy it
If I had a gun to my head and had to guess right, that's the theory I'd go with.
I know I shouldn't be surprised, but I am still surprised by how much his comments moved the market.
Elon says a lot of things, people should have figured that by now.
this would be my guess. im betting he knew he was gonna tank doge by calling it a hustle etc and sold after ungodly gains by selling it. then he can shite on BTC to get a better buy in.
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