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re: Official CryptoTalk Thread

Posted on 5/24/21 at 7:55 am to
Posted by 21JumpStreet
Member since Jul 2012
14819 posts
Posted on 5/24/21 at 7:55 am to
Sure has, celsius needs this option
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/24/21 at 7:59 am to
yup. it's also ridiculous that coinbase hasn't implemented stable coins interest.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82029 posts
Posted on 5/24/21 at 8:02 am to
quote:

What do you think is going to drive this?

Environmental and China FUD lose its luster (again, for a 10th time in the past decade). Retail buying picks up and Institutional buying continues. Business as usual once we get out of this funk.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82029 posts
Posted on 5/24/21 at 8:21 am to
Any clue why MATIC interest is so high compared to even stables on Celsius?
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/24/21 at 8:30 am to
if you use dex liquidity pools on your own you can get a much higher return with matic

so Celsius is just advertising the 13% and then taking your coins and going to the dex lp and earning higher (basically doing the work for you). Celsius used to give 20% + on matic

as far as how the dex liquidity pools can offer such high apy, I'm not exactly sure. I've been using pancake to stake cake/bnb and they give 50-100% yield

Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/24/21 at 9:12 am to
Matic is on my radar to hold through the off season.

I’m thinking some combo of eth, sol, matic
Posted by A Smoke Break
Lafayette
Member since Nov 2018
2175 posts
Posted on 5/24/21 at 9:20 am to
quote:

Matic is on my radar to hold through the off season.



This, but with cardano as well
Posted by Powerman
Member since Jan 2004
170436 posts
Posted on 5/24/21 at 9:23 am to
quote:


This, but with cardano as well

I'm looking to steadily add some Cardano so long as it is sub $2 range

I might slow things down a bit after that to keep my average cost low
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/24/21 at 9:29 am to
I'm thinking ETH, BTC, TEL, ADA. I wish I'd have gotten in on Matic a long time ago, Tinashe's been singing about it for months and I put money into other shite that I shouldn't have (like safemoon).
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/24/21 at 9:39 am to
Fyi if we don’t break 38-39k resistance on btc soon, we’re gonna dip again
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 5/24/21 at 9:43 am to
should just retest 32/33

It would be insane if we ranged around here and alts got to catch up a bit before BTC moves up
Posted by A Smoke Break
Lafayette
Member since Nov 2018
2175 posts
Posted on 5/24/21 at 10:06 am to
Watching the clickbate doge youtube streams and channels right now.

Pure cringe.

They're going to make these poor first time investors lose it all.
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/24/21 at 10:28 am to
BTC ranges, ETH flippening narrative resumes

My wager
Posted by lsu777
Lake Charles
Member since Jan 2004
36531 posts
Posted on 5/24/21 at 10:39 am to
quote:

Fyi if we don’t break 38-39k resistance on btc soon, we’re gonna dip again

possible, but we are headed back to 48k range by memorial day.

hope yall bought that dip like is said. Link up big, unfi, atom, vet, cake, matic all up huge.

FTR altcoin collective nailed this one big time.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/24/21 at 10:43 am to
Gut tells me we retest 33ish before that but maybe not.
Posted by lsu777
Lake Charles
Member since Jan 2004
36531 posts
Posted on 5/24/21 at 11:06 am to
personally think its 35-36 tetest here shortly, then a bounce again.
Posted by lsu777
Lake Charles
Member since Jan 2004
36531 posts
Posted on 5/24/21 at 11:40 am to
and shite...does look to be running out of steam. next hour will be telling for sure.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11826 posts
Posted on 5/24/21 at 12:33 pm to
Glassnode BTC Charts

Looks like the selling was concentrated to speculators who are new adapters. I would imagine that's a long term good thing. The older wallets have steady volumes.





This post was edited on 5/24/21 at 12:37 pm
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 5/24/21 at 12:48 pm to
ray Dailos comments about he'd rather be holding bitcoin instead of bonds sure come at a peculiar time

if this narrative takes off, just getting 1% of the bond market is 4.5x from here for bitcoin
Posted by stout
Porte du Lafitte
Member since Sep 2006
179067 posts
Posted on 5/24/21 at 12:54 pm to
I think it's time we make the TigerDroppings coin, raise $35 million, the walk away.
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