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re: Official CryptoTalk Thread
Posted on 5/20/21 at 8:32 am to JayDeerTay84
Posted on 5/20/21 at 8:32 am to JayDeerTay84
I don’t think I’m looking at it wrong. You stated your personal view and that’s you. There are lots of people in this ecosystem with varying levels of acceptable risk and you start to lose them as the calculus changes. That is a veritable fact.
0
Posted on 5/20/21 at 8:33 am to TigerTatorTots
quote:
Bunch of party poopers in here
frick that, i been making bank last two days on these swings, way more than i make in a day at work
partying like its 1999 over here.
Posted on 5/20/21 at 8:34 am to lsu777
I still stand by my take earlier in the week that BTC hits 6 figs in 2021
Posted on 5/20/21 at 8:35 am to TigerTatorTots
Posted on 5/20/21 at 8:40 am to lsu777
Everyone getting bullish again right at resistance....
Posted on 5/20/21 at 8:44 am to maclauer
Thoughts on ANKR longterm?
Posted on 5/20/21 at 8:55 am to TigerTatorTots
quote:
I still stand by my take earlier in the week that BTC hits 6 figs in 2021
I never lost the faith
Posted on 5/20/21 at 9:02 am to Ross
i never lost faith for sure.
i never had a problem buying yesterday and for me, the tax bill isnt due until next year and I kind of knew the drop was gonna happen and got out, so for me its worth it to grab and stack sats.
i never had a problem buying yesterday and for me, the tax bill isnt due until next year and I kind of knew the drop was gonna happen and got out, so for me its worth it to grab and stack sats.
Posted on 5/20/21 at 9:02 am to Ross
One thing I've learned reading this thread is we have a lot of knowledge posters that provide very helpful info 
That being said no one knows when the next "winter" is going to occur. Some people are putting waaay too much stock into these "cycles" that have occurred what,two maybe three times, on a still insanely new asset class, that is constantly introducing new variables.
That being said no one knows when the next "winter" is going to occur. Some people are putting waaay too much stock into these "cycles" that have occurred what,two maybe three times, on a still insanely new asset class, that is constantly introducing new variables.
Posted on 5/20/21 at 9:02 am to Ross
I’m watching the 99 moving average line in the 1h graph on binance real close.
That’s what the price is bouncing off of right now.
The last time it crossed in a down trend was at 57k.
The price jumping that line in an impressive fashion would be a buy signal IMO.
That’s what the price is bouncing off of right now.
The last time it crossed in a down trend was at 57k.
The price jumping that line in an impressive fashion would be a buy signal IMO.
Posted on 5/20/21 at 9:04 am to lsu777
btw resistance is at 43,500 and and around 45,250. Supports are at 38,500 and 32,300.
use that information to stack sats on these swings. look for 1 hour candles
use that information to stack sats on these swings. look for 1 hour candles
Posted on 5/20/21 at 9:09 am to zzgobucky
quote:
That being said no one knows when the next "winter" is going to occur. Some people are putting waaay too much stock into these "cycles" that have occurred what,two maybe three times, on a still insanely new asset class, that is constantly introducing new variables.
yes and no. from expierence the cycles hold pretty true. Yes this one is different due to the type of money and where the money is coming from.....but that money has slowed tremendously. We are, well were before yesterday, back to mainly retail. That makes it more predictable.
not saying things cant change, but until proven otherwise use history as the best indicator. So september it is.
Posted on 5/20/21 at 9:18 am to lsu777
First chart is from Kubyam, second is odin. Both know there shite. For those wondering, the lines are resistance and support lines for btc. Use that to pick off profits on the small coins.
from AZ
from AZ
This post was edited on 5/20/21 at 9:35 am
Posted on 5/20/21 at 9:19 am to zzgobucky
This cycle was always destined to top the previous top but we don’t know what this would’ve looked like without the black swan last March and then the unprecedented monetary expansion due to COVID. It’s possible this cycle would’ve been a relative dud without that catalyst, or it is possible the cycle is occurring “too early” because of that timing. Or it is possible that was the fuel for pump 1 of a 2 pump cycle like 2013 with the 2nd being an ETF or major tech player (cough*AAPL*cough) throwing their weight behind the space.
It is hard to imagine BTC not being 200+ in the next 5 years regardless of how the timing and nature of this cycle goes, though. And if you’re a hodler, that’s all that really matters.
It is hard to imagine BTC not being 200+ in the next 5 years regardless of how the timing and nature of this cycle goes, though. And if you’re a hodler, that’s all that really matters.
Posted on 5/20/21 at 9:22 am to maclauer
I don’t see how btc isn’t at least 150k in five years.
Posted on 5/20/21 at 9:33 am to TigerTatorTots
quote:
I still stand by my take earlier in the week that BTC hits 6 figs in 2021
I'm playing devil's advocate and calling $63k the top for 2021. I do hope you are right though as a high flying BTC is better for the space and much more entertaining.
Posted on 5/20/21 at 9:59 am to Douglas Quaid
ESG psyops vs etf approval/institutional buy in
the rest is noise for marching towards 100k
the environment narrative is not going away anytime soon
the rest is noise for marching towards 100k
the environment narrative is not going away anytime soon
This post was edited on 5/20/21 at 10:00 am
Posted on 5/20/21 at 9:59 am to Douglas Quaid
The other thing bothering me right now is more money seems to be flowing into alts and shite coins right now after that dip
Posted on 5/20/21 at 10:09 am to Tiguar
All the morons (I dont care if you can scalp with them) buying these meme coins took some really good steam out of the bull. Thanks Elon.
Posted on 5/20/21 at 10:14 am to dagrippa
yea it's interesting to think what the
market would have liked like if not for the doggie coin phenomena
short term bearish, but I think it's bullish long term
market would have liked like if not for the doggie coin phenomena
short term bearish, but I think it's bullish long term
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