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re: Official CryptoTalk Thread
Posted on 5/16/21 at 10:43 pm to GeneralLee
Posted on 5/16/21 at 10:43 pm to GeneralLee
quote:
I just can’t decide if this is just a blip and BTC still rips later this year to $100K+ or if the bull run this cycle is now over and we’re staring at the next crypto winter.
BTC was at almost 60k a week ago, I’m not ready to pronounce it just yet.
2
Posted on 5/16/21 at 10:49 pm to Yellerhammer5
Stock market volume this coming week will be a solid indicator of where we’re headed.
Coin market cap approaching $2T... I’m not nervous, yall are
Coin market cap approaching $2T... I’m not nervous, yall are
This post was edited on 5/16/21 at 10:52 pm
Posted on 5/16/21 at 10:50 pm to Stagliano
It probably means nothing, but I went to the Military.finance website and I quickly noticed two spelling errors.
I'm most likely overthinking it, but with so many scams, etc. in crypto, anytime I notice something "off" I cringe a little bit.
I'm most likely overthinking it, but with so many scams, etc. in crypto, anytime I notice something "off" I cringe a little bit.
Posted on 5/16/21 at 11:00 pm to LSU_TC
It's funny you say that because they jumped out at me too, but I decided it was a little silly. First, because I think the site has only been live a few days and the coin doesn't officially launch for almost 2 months. Not that they couldn't have been a little more meticulous
But thats partially why I asked about Burst. Google says a guy by that name played fullback for LSU in 2011. And apparently was on some TV show called "The Profit"? So im a little intrigued by this guys resume. But was wondering if anyone here was familiar with him or his reputation
But thats partially why I asked about Burst. Google says a guy by that name played fullback for LSU in 2011. And apparently was on some TV show called "The Profit"? So im a little intrigued by this guys resume. But was wondering if anyone here was familiar with him or his reputation
Posted on 5/16/21 at 11:02 pm to maclauer
quote:
I think the near term r:r favors longs here. We might nuke down to 42 tonight / tomorrow to try post-58 February lows but should mean revert back toward 52-54 in the back half of the month
Did nuke to 42s. Approaching my personal bounce or die spot to scalp.
Posted on 5/16/21 at 11:07 pm to maclauer
Looks like this is going back to $30K.
Posted on 5/16/21 at 11:11 pm to GeneralLee
I think we start to bounce.
Posted on 5/16/21 at 11:15 pm to JayDeerTay84
Posted on 5/16/21 at 11:24 pm to maclauer
Going to bed thinking I sniped the bottom, hope I don’t wake up disappointed
Posted on 5/16/21 at 11:40 pm to Yellerhammer5
What hits $1 first, Bitcoin or Doge? 
This post was edited on 5/16/21 at 11:41 pm
Posted on 5/17/21 at 1:15 am to hg
All the charts on coinbase looking exactly the same for the past hour or so. This whole episode was bots.
Posted on 5/17/21 at 7:22 am to CecilShortsHisPants
I was hoping things had dropped a little more overnight so it would trigger some of my buys. Oh well.
Posted on 5/17/21 at 7:45 am to BottomlandBrew
someone correct me if i'm wrong, but ADA would have to be around $12 to match the current ETH marketcap, right?
Posted on 5/17/21 at 9:27 am to finchmeister08
quote:
someone correct me if i'm wrong, but ADA would have to be around $12 to match the current ETH marketcap, right?
If Eth were to remain stagnant, yes.
Also have to take into account new supply circulating the market, which would increase the cap, but essentially you are correct.
Posted on 5/17/21 at 9:32 am to bluebarracuda
love these buying opportunities right now. It’s basically like the last couple of weeks never existed
Posted on 5/17/21 at 9:38 am to UnluckyTiger
Yeah... hard to say I regret DCA the last few weeks, but it was hard to see this coming. Having the backing of Tesla as a catalyst to get further institutional adoption was priced into the 50-60k valuations
We were in the 30s right when Tesla first got involved if I recall. We basically just partially rewinded the clock. We’ll move past this. For example, there is a timeline where Saylor courts Tim Cook over at Apple and get Apple Pay onboard the crypto train and Elon’s games would seem like a distant memory. In that timeline the current valuations in the crypto market are discounted big time even for this cycle.
We were in the 30s right when Tesla first got involved if I recall. We basically just partially rewinded the clock. We’ll move past this. For example, there is a timeline where Saylor courts Tim Cook over at Apple and get Apple Pay onboard the crypto train and Elon’s games would seem like a distant memory. In that timeline the current valuations in the crypto market are discounted big time even for this cycle.
This post was edited on 5/17/21 at 9:44 am
Posted on 5/17/21 at 9:49 am to CecilShortsHisPants
quote:
CecilShortsHisPants
Has that capitalization drawn down? Or are cryptos experiencing a rotation within the market?
Posted on 5/17/21 at 10:49 am to wutangfinancial
Btc free falling through just about every resistance point. Just bounced off 42k but it hasn’t given me any reason to believe it won’t break it soon.
Posted on 5/17/21 at 10:58 am to Tiguar
yea. one thing that is generally obvious now is this market still relies on bitcoin
the "this time is different" crowd must be questioning the future
the "this time is different" crowd must be questioning the future
Posted on 5/17/21 at 10:59 am to rocket31
quote:
the "this time is different" crowd must be questioning the future
well other than Saylor the largest piece of that puzzle rug pulled everyone
Short term is very murky
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