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re: Official CryptoTalk Thread
Posted on 5/19/21 at 7:23 am to 21JumpStreet
Posted on 5/19/21 at 7:23 am to 21JumpStreet
quote:
Looks like tesla dumped the rest
Just curious by why does this keep getting stated as facts
Elon just said two days ago he hasnt sold any btc
Posted on 5/19/21 at 7:23 am to Stagliano
Elon said a lot of things 
Posted on 5/19/21 at 7:24 am to Tiguar
Each should invest according to their own conviction. I'm of the opinion that PoW is facing an almost existential crisis until the market sorts out the security tradeoffs b/w PoW and PoS and what it really needs from a the perspective of actual utility.
Posted on 5/19/21 at 7:26 am to Tiguar
ah alright, gotcha
Don’t know how I feel that you need to watch for that exact moment panic shifts to despondency before you should invest more
Don’t know how I feel that you need to watch for that exact moment panic shifts to despondency before you should invest more
This post was edited on 5/19/21 at 7:28 am
Posted on 5/19/21 at 7:26 am to Douglas Quaid
I’m of the opinion that the crash we are seeing is pretty natural and the eco shite is just that: shite. If it wasn’t eco fud it would be something else.
Elon will come out in 3 years and say ok btc gets most of its mining off renewables everyone it’s good again ;)))))
Elon will come out in 3 years and say ok btc gets most of its mining off renewables everyone it’s good again ;)))))
This post was edited on 5/19/21 at 7:27 am
Posted on 5/19/21 at 7:30 am to Tiguar
More likely..pick...
1) Dip until Friday then slow recovery...
2) Go back to pre-covid levels and stay there for at least a year.
1) Dip until Friday then slow recovery...
2) Go back to pre-covid levels and stay there for at least a year.
Posted on 5/19/21 at 7:33 am to BlackPawnMartyr
quote:
2) Go back to pre-covid levels and stay there for at least a year.
I put money in when BTC dipped below 10k a few years ago and felt like a shite play for years. I just put more in so I expect at least a year or two before we ever see 40k again now
Posted on 5/19/21 at 7:34 am to bayoubengals88
Well,
Looks like the Chinese have released another virus....
Looks like the Chinese have released another virus....
Posted on 5/19/21 at 7:35 am to Tiguar
quote:
Elon will come out in 3 years and say ok btc gets most of its mining off renewables everyone it’s good again ;)))))
Definitely among the possibilities.
The electrical utility buyer of last resort argument isn't a terrible one, but you can always says if coin B can provide the exact same properties as coin A but with lower power consumption then eventually the market would move towards coin B.
This argument assumes of course the BTC core devs stand by the original principles and refuse to change anything to make the protocol more energy efficient.
Ultimately, I just don't see the energy efficiency narrative going away easily, but I could certainly be wrong.
Posted on 5/19/21 at 7:43 am to jimbeam
quote:
Elon said a lot of things
I would 100% be ok if Elon sold after he said he wouldnt. Therefore not a single person would listen to him again on Crypto unless you like to listen to liars!
Posted on 5/19/21 at 7:51 am to JayDeerTay84
so thankful for this crash, won’t be fooled again. keep dipping and i’ll keep buying
Posted on 5/19/21 at 7:51 am to UnluckyTiger
Well I’m sick
This post was edited on 5/19/21 at 7:53 am
Posted on 5/19/21 at 7:54 am to CE Tiger
quote:
CE Tiger
quote:
Well I want to die
sorry brother. I closed all my positions short and long yesterday. Most of mine were closed at close to peak a while back but still had some. Closed the remaining last night when we broke the 42k support line.
if it makes you feel better, currently support around 32, not sure it holds up to this sell off though lol.
Posted on 5/19/21 at 7:58 am to Tiguar
Of course now that I say that is actually might at least temporarily
5m candle is hilarious on binance
5m candle is hilarious on binance
Posted on 5/19/21 at 7:58 am to Tiguar
LOL this is nuts. Was checking on my miners, saw the profits spike, go look at charts and everything is getting absolutely hammered!

Posted on 5/19/21 at 7:58 am to Tiguar
Coinbase Pro had an internal server error and the candlesticks were just so broken. Glitched to shite
Posted on 5/19/21 at 7:59 am to Tiguar
Holy crap.. BTC at 32K, Ethereum at $2,100, ADA at $1.05... which is the best buy? 
Posted on 5/19/21 at 7:59 am to UnluckyTiger
So this is now a full blown crash.
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