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re: Official CryptoTalk Thread

Posted on 5/19/21 at 9:18 am to
Posted by Modern
Fiddy Men
Member since May 2011
16967 posts
Posted on 5/19/21 at 9:18 am to
I planned on buying back into BTC @ 30k, but missed it.

Would it be logical to still wait to buy @30k? Or see if it dips lower into the 25k-ish price?
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11825 posts
Posted on 5/19/21 at 9:21 am to
quote:

It looks like from reading around this crash was caused by a bunch of degenerates on binance getting liquidated.



Binance got Hwang'd!
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19270 posts
Posted on 5/19/21 at 9:25 am to
The chart for BTC does not look good.
Posted by Triple Bogey
19th Green
Member since May 2017
6497 posts
Posted on 5/19/21 at 9:28 am to
Bought 1 ETH this morning for my first crypto purchase ever. Probably about to lose my shirt
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11825 posts
Posted on 5/19/21 at 9:32 am to
I just signed up for LedgerX. Is that a reputable exchange that you've heard of?
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/19/21 at 9:35 am to
eh. btc took months to drop 50%

eth took a few days.

some of these alts took 24 hours
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/19/21 at 9:38 am to
Watching cardano and vet etc. drop almost 50% in the last 24 hours has been surreal
This post was edited on 5/19/21 at 9:39 am
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/19/21 at 9:39 am to
Binance actually has buy orders set at 5k for btc.

You fricking wish
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10603 posts
Posted on 5/19/21 at 9:40 am to
Yes, very reputable. Futures, options all CFTC. Simple swaps. Money needs wired in though. No ACH. Has a prime brokerage. Extensive crime and cyber insurance in place. Cash is in a custodial account, so essentially FDIC insured.

Contract liquidity is a bit of an issue, but it's adequate.

It's the exchange I use to trade and hedge, not hold.

LINK
This post was edited on 5/19/21 at 9:42 am
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18663 posts
Posted on 5/19/21 at 9:40 am to
I kinda want to see Doge drop down sub-1 cent - I'll buy a million and just wait for the next time Elon pumps it and sell at $.40

There will always be dumb people in this market it seems
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15162 posts
Posted on 5/19/21 at 9:42 am to
The market is being so generous- picked so many coins at a discount today.

Posted by slackster
Houston
Member since Mar 2009
91271 posts
Posted on 5/19/21 at 9:44 am to
quote:

eh. btc took months to drop 50%


I mean, it fell like 48% since 5/10, but yes, it’s been slightly over a month to fall 50%.
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15162 posts
Posted on 5/19/21 at 9:45 am to
Ada has bounced back up - 3 weeks ago I’d be thrilled with $1.50 Ada

Think we are about to pump to a $70 or more Bitcoin here in the next few months
This post was edited on 5/19/21 at 9:47 am
Posted by whiskey over ice
Member since Sep 2020
3666 posts
Posted on 5/19/21 at 9:45 am to
quote:


I planned on buying back into BTC @ 30k, but missed it.

Would it be logical to still wait to buy @30k? Or see if it dips lower into the 25k-ish price?


Imo id wait until it got back down into the 7k range
Posted by A Smoke Break
Lafayette
Member since Nov 2018
2175 posts
Posted on 5/19/21 at 9:45 am to
quote:

The market is being so generous- picked so many coins at a discount today.


Same. Finally was able to get into cardano at sub 1.50

Really stoked about that.

ETC has really fricked me though as of late.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82026 posts
Posted on 5/19/21 at 9:46 am to
quote:

I just signed up for LedgerX. Is that a reputable exchange that you've heard of?

I know they sell cold storage wallets - I had no idea they actually had an exchange. Interesting

ETA: Looks like a completely different company. NVM
This post was edited on 5/19/21 at 9:47 am
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/19/21 at 9:47 am to
I highly doubt you will ever see 7k btc again.
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15162 posts
Posted on 5/19/21 at 9:47 am to
Btc won’t get close to 7k - today was a planned market dump. Newbs are selling their bitcoins and corporations are buying it up
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/19/21 at 9:48 am to
yea, i guess it felt like longer than a month since btc was around 60k.

my overall point still remains
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15162 posts
Posted on 5/19/21 at 9:49 am to
I tried to buy at 1.07 but damn Coinbase was down - got sub 1.50 so I’m happy.
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