- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Official CryptoTalk Thread
Posted on 5/23/21 at 9:34 pm to GeneralLee
Posted on 5/23/21 at 9:34 pm to GeneralLee
quote:Yes
Does anyone here think that bitcoin will go past $65K again this year?
1
Posted on 5/23/21 at 9:42 pm to 21JumpStreet
quote:
Once everybody understands bitcoin is the better alternative to gold then it will take off and replace gold. If the majority can't understand it then the space is fricked imo
If you are betting on human stupidity vs bitcoin. Human stupidity may end up winning in the end
Vastly underrated and underappreciated post right here. Majority of folks are not knowledgeable enough to understand the ins and outs of crypto
Posted on 5/23/21 at 9:59 pm to HailToTheChiz
For real, you have people on this very board saying an individual coin price is the metric to determine value and size and not market cap.
Posted on 5/23/21 at 10:09 pm to TigerTatorTots
Chinese mining situation discussion tomorrow at 11 central on Twitter spaces. LINK
Posted on 5/23/21 at 10:13 pm to TigerTatorTots
quote:
Yes
What do you think is going to drive this?
Posted on 5/23/21 at 10:16 pm to CecilShortsHisPants
quote:
ADA frickin, don’t miss out!
Love some ADA
Posted on 5/23/21 at 10:37 pm to rocket31
So much overhead supply. Gonna take a long time to get past the mid40s without a real positive catalyst and there doesn’t appear to be one on the horizon. Bitcoin has had drops of at least 30% in each of the last 5 months so a summer of boring ranging would really be healthy.
Much better r:r in alts at these levels if one believes it isn’t crypto winter and just a temporary BTC supply flood due China, Grayscale, and forced liquidations. If it is crypto winter then obviously alts are gonna get rekt. Important to have a plan and not emotionally trade. If there is an excessive move tomorrow I’ll probably fade it, looking to buy a nuke or sell a rip if we see the 40s again.
Much better r:r in alts at these levels if one believes it isn’t crypto winter and just a temporary BTC supply flood due China, Grayscale, and forced liquidations. If it is crypto winter then obviously alts are gonna get rekt. Important to have a plan and not emotionally trade. If there is an excessive move tomorrow I’ll probably fade it, looking to buy a nuke or sell a rip if we see the 40s again.
Posted on 5/23/21 at 10:43 pm to maclauer
I’ll also add that the events of the last couple weeks likely kill any hope for a bitcoin or crypto ETF anytime soon. The ESG/China FUD and the price being heavily influenced by leveraged trading on unregulated offshore exchanges aren’t new but happened when bitcoin was in the limelight ready for its moment.
Posted on 5/24/21 at 3:33 am to 21JumpStreet
quote:
If you are betting on human stupidity vs bitcoin. Human stupidity may end up winning in the end
Probably the best explanation of an X-Factor, ever!
Posted on 5/24/21 at 6:12 am to Tiguar
quote:
I really don’t see that. Why would you risk buying at 56k again if you think 80 is the top? It won’t even 2x.
thats a short term mindset imo. i had previously non-believer folks asking me how to buy BTC when it was in the 50k area, they laughed at me for buying fake money when it was 5k. they werent the type who was doing TA/considering potential tops and bottoms. they were wanting to buy in bc crypto is gaining notoriety.
if youre looking at least after the next halving or beyond even the ATH is probably not a bad buy. I agree there may be more short term wreckage but i think opening long positions even at ATH isnt a terrible move for low crypto-IQ folks who won't sell dips.
Posted on 5/24/21 at 6:18 am to AMS
Near this cycles ATH is a pretty bad buy even from a long term mindset due to opportunity cost.
This post was edited on 5/24/21 at 6:20 am
Posted on 5/24/21 at 6:44 am to Tiguar
quote:
Near this cycles ATH is a pretty bad buy even from a long term mindset due to opportunity cost.
idk from a long perspective that hasn't quite been historically accurate. even at the ATH 20k era if you held youre up around 90%. that's not bad growth in ~4 years. but yes it obviously is better to not buy at ATH.
again im more referring to folks that don't know the space well and will buy/hold for well over 5 years who would otherwise just keep that money in a savings account. In my experience those are the types of folks who were wanting to buy in recently, the crypto knowledgeable have already bought in a while ago. I think that is a good indicator for long term growth/adoption that they were wanting to buy in even at the 50k area.
Posted on 5/24/21 at 6:47 am to AMS
Some green this morning!
Posted on 5/24/21 at 6:54 am to Hulkklogan
Posted on 5/24/21 at 7:12 am to AMS
Yeah but the people you’re describing don’t move the market.
I’m saying there won’t be enough big money buying at 55k resistance to shove past it because the risk/reward is shitty, unless there’s some major catalyst.
I’m saying there won’t be enough big money buying at 55k resistance to shove past it because the risk/reward is shitty, unless there’s some major catalyst.
Posted on 5/24/21 at 7:36 am to Tiguar
I think we keep seeing the pattern of massive dips with a rise and then massive dips etc like we have seen the last 2 weeks. I don't think BTC breaks $45k until we can get past whatever is causing this cycle.
Posted on 5/24/21 at 7:38 am to OneMoreTime
Looks like everyone thinking it is safe moving out of stables and back
Posted on 5/24/21 at 7:43 am to ronricks
Bear markets are damn easy because there’s defined resistance all over the place. Just have to control your emotions.
Posted on 5/24/21 at 7:45 am to SuddenJerk
quote:
If you like to flip crypto every hour I can see why this might not be for you yet.
How about if I want to buy during these massive dips and Voyager has been down 3 times now during these opportunities? Has nothing to do with selling. It is buying that I was missing out on. I ditched it because it is a mickey mouse platform that isn't stable. Seems their CEO is sending out excuse emails 3 or 4 times a week for their bad service. I wanted to like and use Voyager. It is simply a bad service.
Posted on 5/24/21 at 7:54 am to 21JumpStreet
where else are people going to park their money right now...stocks?.bonds?.fiat?
stable coins have changed the game and it keeps all the money still in the market
stable coins have changed the game and it keeps all the money still in the market
Page 1555 of 2239
Popular
Back to top
Follow TigerDroppings for LSU Football News