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re: Official CryptoTalk Thread
Posted on 5/23/21 at 3:09 pm to CecilShortsHisPants
Posted on 5/23/21 at 3:09 pm to CecilShortsHisPants
It doesn't make any sense. If I had to bet money, the link cult sold none of theirs...
2
Posted on 5/23/21 at 3:12 pm to 21JumpStreet
Me to my positions:
But def going to need to start DCAing in again
But def going to need to start DCAing in again
Posted on 5/23/21 at 3:15 pm to Hulkklogan
Curious as to how many are treating this. I'm treating it as if I was putting in to my 401k every paycheck.
Posted on 5/23/21 at 3:19 pm to 21JumpStreet
I was doing that. Then the price dropped into the 30s and I’ve been buying like a degenerate
Posted on 5/23/21 at 3:20 pm to Ross
I mean, I've already put everything in like a degenerate... 
Posted on 5/23/21 at 3:30 pm to Tiguar
quote:
I’m real close to calling the flippening next cycle.
Yeah I think it’s gonna happen. All of the bullish catalysts that can resurrect this market are going to come from ETH/DeFi and BTC is losing both the inflation and corporate/institutional allocation narrative
Posted on 5/23/21 at 3:31 pm to 21JumpStreet
Kucoin lending rates for bnb have jumped to 25%, but have crashed on pretty much everything else.
Posted on 5/23/21 at 3:32 pm to 21JumpStreet
I was doing weekly buys of eth and btc, but got loose with spending during dips so I stopped DCAing for a little while, and now I am sitting on my hands trying to decide what to do.
Posted on 5/23/21 at 3:33 pm to 21JumpStreet
Vitalik on blockchain scalability dumbed down for Elon.
The market is at least finally focusing on the right things. Thanks Elon.
The market is at least finally focusing on the right things. Thanks Elon.
This post was edited on 5/23/21 at 3:35 pm
Posted on 5/23/21 at 3:51 pm to Douglas Quaid
Fomo pop on the horizon?? 
eta: ADA frickin, don’t miss out!
eta: ADA frickin, don’t miss out!
This post was edited on 5/23/21 at 3:53 pm
Posted on 5/23/21 at 3:53 pm to DallasTiger11
quote:
All of the bullish catalysts that can resurrect this market are going to come from ETH/DeFi and BTC is losing both the inflation and corporate/institutional allocation narrative
thats the narrative goldman sachs etc has recently been putting out into the media, which makes me skeptical tbh
gotta ask ourselves if these central bankers are being honest by pumping eth or if its manipulation
i think everyone is pretty confused on how to properly allocate moving forward so these discussions are healthy
This post was edited on 5/23/21 at 3:54 pm
Posted on 5/23/21 at 3:55 pm to CecilShortsHisPants
It’ll rebound up to 38-40k in the next week or two.
Posted on 5/23/21 at 3:59 pm to rocket31
quote:
we also have to ask ourselves why the entire market is crashing because of Bitcoin energy/china fud? shouldn't eth be doing well under these circumstances?
Ethereum is mined the same way bitcoin is currently until the upgrade in a couple of months. But if bitcoin goes down they all go down.
Posted on 5/23/21 at 4:04 pm to rocket31
quote:
gotta ask ourselves if these central bankers are being honest by pumping eth or if its manipulation
Part of this thesis is that governments will find ETH and others easier to deal with because they are more controllable and privacy nightmares. But I really hope I’m wrong on all of this and we are in a bull market correction albeit violent
Posted on 5/23/21 at 4:12 pm to DallasTiger11
i think this twitter thread from nic carter could explain some of this selloff. LINK
if the mining shift out of china is true, overall this is very good news
if the mining shift out of china is true, overall this is very good news
Posted on 5/23/21 at 4:18 pm to rocket31
Im debating moving some fiat in. Worst case is a swing trade for a 30% gain
Posted on 5/23/21 at 4:28 pm to Tiguar
Where does one go to learn which currency is the one to start investing in?
Posted on 5/23/21 at 4:29 pm to 21JumpStreet
quote:
had to bet money, the link cult sold none of theirs...
Mad liquidations on Aave today for Link . Just kept pushing the price down. I think this was one of the goals of the crash tbh
Posted on 5/23/21 at 4:29 pm to Tiguar
don't think you know the definition of worst case
Posted on 5/23/21 at 4:31 pm to umrebel2009
point taken but I’m somewhat confident in a 20-30% swing up from here at least for a bit
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