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re: Official CryptoTalk Thread
Posted on 5/17/21 at 5:23 pm to FCP
Posted on 5/17/21 at 5:23 pm to FCP
The issue I’m having is each btc bullrun is less impressive than the last.
Still good gains but I’m wondering if there’s more money to be made elsewhere next go around.
I think if the btc peak this cycle is indeed a disappointing 65k, you have to really think hard about where things are going next cycle.
Still good gains but I’m wondering if there’s more money to be made elsewhere next go around.
I think if the btc peak this cycle is indeed a disappointing 65k, you have to really think hard about where things are going next cycle.
Posted on 5/17/21 at 5:58 pm to jimbeam
What’s the realistic low going forward for BTC from here? 20k? That would be the day. 
Posted on 5/17/21 at 6:01 pm to UnluckyTiger
I said 30k a few months back and I’m sticking to it 
Posted on 5/17/21 at 6:06 pm to Tiguar
quote:
The issue I’m having is each btc bullrun is less impressive than the last.
Still good gains but I’m wondering if there’s more money to be made elsewhere next go around.
I think if the btc peak this cycle is indeed a disappointing 65k, you have to really think hard about where things are going next cycle.
Inflation starts ramping up and who knows? Murphy USA's bitcoin machines are outproducing their ATM's. It's all very interesting. I just wonder how the central banks are gonna frick all the cryptos and steal people's wealth like they have for hundreds of years.
Posted on 5/17/21 at 7:10 pm to Tiguar
yea I'm not sure if bitcoin is risky enough as strange as that might sound and institutions aren't apeing into it, at least not yet.
so retail generally isn't interested because riskier shitcoins are more attractive and seemingly institutions aren't either, possibly because of the ESG meme.
without a catalyst, or a narrative change, it's hard to be overly bullish and altcoins are just a side show because the market ebbs and flows with the momentum of Bitcoin
so retail generally isn't interested because riskier shitcoins are more attractive and seemingly institutions aren't either, possibly because of the ESG meme.
without a catalyst, or a narrative change, it's hard to be overly bullish and altcoins are just a side show because the market ebbs and flows with the momentum of Bitcoin
This post was edited on 5/17/21 at 7:11 pm
Posted on 5/17/21 at 8:31 pm to rocket31
In some ways it’s interesting because as bitcoin gets figured out and unimpressive, that means the race is on to find the next big thing.
Btc losing attraction as the primary speculative asset was a requisite for any sort of flippening to even be remotely considered.
Btc losing attraction as the primary speculative asset was a requisite for any sort of flippening to even be remotely considered.
Posted on 5/17/21 at 8:36 pm to maclauer
Chill, it was a made up scenario that the guy was pointing out.
Posted on 5/17/21 at 8:38 pm to Tiguar
quote:There will always be more money to be made in something other than bitcoin. Have to pick the right one and factor if the additional risk is worth it. Me personally, I prefer the safer "sure thing" that will outperform pretty much any non crypto investment which is Bitcoin. The alts are just too risky for me to throw the amount of money I'm throwing into bitcoin. Some play money is fine, but I'd never consider throwing my main stack at something other than BTC.
Still good gains but I’m wondering if there’s more money to be made elsewhere next go around.
This post was edited on 5/17/21 at 8:42 pm
Posted on 5/17/21 at 9:10 pm to TigerTatorTots
Feels like the sell pressure is losing a little momentum
CryptosRUs seems to have a theory that there is some whalish games going on where people are trying to find the max pain price between the longs and the shorts as we enter options expiry. 54k was that price target during the last options expiry and it was pretty close and 44k is the target this time.
Just thought it was an interesting theory
CryptosRUs seems to have a theory that there is some whalish games going on where people are trying to find the max pain price between the longs and the shorts as we enter options expiry. 54k was that price target during the last options expiry and it was pretty close and 44k is the target this time.
Just thought it was an interesting theory
Posted on 5/17/21 at 9:12 pm to Tiguar
Where is the money to be made next go around? I need to start stacking more when the dust settles.
Posted on 5/17/21 at 9:14 pm to down time
Btc and eth are going to be the only “sure”things.
The big question is it even worth putting a bunch of money into btc with the diminishing returns each cycle.
We will know more by the end of the year. I need to analyze some curves from the last few cycles and do math
The big question is it even worth putting a bunch of money into btc with the diminishing returns each cycle.
We will know more by the end of the year. I need to analyze some curves from the last few cycles and do math
Posted on 5/17/21 at 9:30 pm to Tiguar
Seems like everyone has decided to sleep on Link again. I think triple digits is inevitable so what would be a safer play for those returns:
BTC to 120k
Eth to $9k
Or Link to $120
My money stays with Link as the safe play
BTC to 120k
Eth to $9k
Or Link to $120
My money stays with Link as the safe play
Posted on 5/17/21 at 9:37 pm to down time
quote:
Where is the money to be made next go around? I need to start stacking more when the dust settles.
link eth btc always a good bet
i like staking hydra on kucoin. insane staking rewards. ada doge or any other hypecoins.
Posted on 5/17/21 at 9:51 pm to maclauer
MATIC $2, a one month 6 bagger
Posted on 5/17/21 at 10:10 pm to jimbeam
We can speculate and analyze charts all we want, but at the end of the day, we all know the biggest winner will be the one Elon Musk declares the winner. Could be arse coin, who knows?
This post was edited on 5/17/21 at 10:31 pm
Posted on 5/17/21 at 10:11 pm to FCP
Holy hell, the transaction and conversion costs with Ethereum "gas prices" are kind of a buzzkill.
I just lowballed a small gas fee and I'm not sure it is going to go through.
I just lowballed a small gas fee and I'm not sure it is going to go through.
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