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re: Official CryptoTalk Thread

Posted on 5/19/21 at 9:49 am to
Posted by whiskey over ice
Member since Sep 2020
3667 posts
Posted on 5/19/21 at 9:49 am to
Maybe 7k was a bit extreme but definitely sub 10k
Posted by Glizzy
Metairie
Member since Aug 2020
25 posts
Posted on 5/19/21 at 9:51 am to
Is the volume there to actually support this claim? Seems like a significant amount of dumping taking place and not much buying.. I guess it could be a drawn out strategy by the corps to purchase a set amount over a given period of time.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/19/21 at 9:54 am to
Let’s play a theory game.

We were kinda supposed to see 100k btc this cycle. If we don’t, why didn’t we?

My theory is with tax code and diminishing returns on btc, we may be entering an “every other cycle” type situation where you get a disappointing run followed by a huge one.

I suppose we will see- perhaps this is wishful thinking in my part but I’d like to believe a disappointing cycle leads to one that exceeds expectations next time.
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/19/21 at 9:55 am to
of course elon is tweeting that tesla has diamond hands

i lol'd
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/19/21 at 9:55 am to
quote:

we may be entering an “every other cycle” type situation where you get a disappointing run followed by a huge one.
Im not following this at all? What makes you think this? The only thing I can imagine you’re referring to is a double peak cycle like we had two cycles ago.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/19/21 at 9:57 am to
Btc has a confidence interval of where the peak will be during a cycle.

2017 actually exceeded the confidence interval.

This year will (theoretically) be falling short of expectations.

Will we exceed the confidence interval next cycle?
This post was edited on 5/19/21 at 9:59 am
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11825 posts
Posted on 5/19/21 at 9:58 am to
You want more laughs? Go look in that comment section
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/19/21 at 9:58 am to
quote:

This year will be falling short of expectations.
Whose expectations? Those calling for $350k?
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/19/21 at 9:59 am to
No, those calling for 100k which was within reason.
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/19/21 at 9:59 am to



Posted by Iowa Golfer
Heaven
Member since Dec 2013
10603 posts
Posted on 5/19/21 at 9:59 am to
quote:

ETA: Looks like a completely different company. NVM


Same company.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11825 posts
Posted on 5/19/21 at 10:00 am to
Thanks, man appreciate the confirmation. Was sketched out because of the face I.D. they require I guess that's just the modern era for you. I'm sure it's part of their compliance process.
Posted by NashvilleTider
Your Mom
Member since Jan 2007
15163 posts
Posted on 5/19/21 at 10:00 am to
We still get to $100k by years end
Posted by Glizzy
Metairie
Member since Aug 2020
25 posts
Posted on 5/19/21 at 10:01 am to
MATIC is really blowing my mind
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11825 posts
Posted on 5/19/21 at 10:01 am to
Legendary meme
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/19/21 at 10:02 am to
We can still make it there. Go look at the 2013 cycle. Peak. Then a flat period. Big dump. Blast off.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/19/21 at 10:02 am to
Bitboy
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/19/21 at 10:03 am to
yea its looking nice, its one of the coins newbs will love too
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/19/21 at 10:03 am to
the bitboy tat is absolutely perfect
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
70883 posts
Posted on 5/19/21 at 10:06 am to
Matic has become my "hold forever" coin. First shitcoin I bought, has been on a rocket shot since.
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