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re: Official CryptoTalk Thread
Posted on 5/26/21 at 4:32 pm to WhoDat9090
Posted on 5/26/21 at 4:32 pm to WhoDat9090
Alts continue to rise while btc sideways.
Exact same 2018 book.
There are going to be people holding some heavy bags in a couple months unless btc does something.
Exact same 2018 book.
There are going to be people holding some heavy bags in a couple months unless btc does something.
2
Posted on 5/26/21 at 4:34 pm to Tiguar
So you're anticipating a big alt crash if BTC stays stagnant or drops?
I don't have much exposure in the crypto world so even an all out crash won't mean much. I'm wondering if there might be a great alt buying opportunity in a couple months though.
I don't have much exposure in the crypto world so even an all out crash won't mean much. I'm wondering if there might be a great alt buying opportunity in a couple months though.
Posted on 5/26/21 at 4:38 pm to Powerman
I am yes. Things could always be different but I am fully anticipating a sub 1T crypto market cap in 3-4 months unless BTC does the 100k thing people keep saying is still possible
This post was edited on 5/26/21 at 4:39 pm
Posted on 5/26/21 at 4:46 pm to Powerman
quote:
So you're anticipating a big alt crash if BTC stays stagnant or drops
If that happens we may be in crypto winter for a couple years
Posted on 5/26/21 at 4:53 pm to Tiguar
Maybe, but the trends and charts from 2016-2020 are absolutely worthless if you are trying to forecast anything.
Posted on 5/26/21 at 5:55 pm to James11111
They are more valuable than the charts from 2012-2016
This post was edited on 5/26/21 at 5:56 pm
Posted on 5/26/21 at 6:02 pm to Tiguar
Maybe, although id say its about the same.Posted on 5/26/21 at 6:04 pm to James11111
The only reason I say that is institutional money, shorts, leverage etc was in swing on the 2016-2020 charts, no matter what bullshite Goldman Sachs tries to sell us
Posted on 5/26/21 at 6:05 pm to Tiguar
quote:
here are going to be people holding some heavy bags in a couple months unless btc does something.
If your invested in shib , safemoon, and other crap then yea. Get your funds in the right stuff and be patient. This summer is gonna be wild.
Posted on 5/26/21 at 6:06 pm to CE Tiger
Its not going to matter what your money is in if btc doesn’t quit going sideways.
Posted on 5/26/21 at 6:08 pm to Tiguar
ETH pumps when BTC goes sideways.
The more you know.
The more you know.
Posted on 5/26/21 at 6:12 pm to Tiguar
Btc sideways equals alt movement. Need btc dominance down so alts can run.
Posted on 5/26/21 at 6:17 pm to Tiguar
BTC consolidation is awesome for the rest of the market. Then it decides it’s time to go up everything loses btc value then pumps later
Posted on 5/26/21 at 7:09 pm to mtcheral
That’s what they’re doing now.
There won’t be another bull run unless btc refuels the market with a big run.
There won’t be another bull run unless btc refuels the market with a big run.
This post was edited on 5/26/21 at 7:10 pm
Posted on 5/26/21 at 8:12 pm to Tiguar
This is great.
Posted on 5/27/21 at 12:07 am to CE Tiger
Tiguar is 100% correct here. I don’t care what happened in previous runs, this one is different in many many ways, and has proven time and time again that BTC is still king (for the time being). The market can’t sustain a long run without it.... Yet
And who really knows, the big boys could be playing us all like a fiddle. Dragging down BTC purposely to get in at a bargain, mainly because most of the larger players were/are late to the party.
And who really knows, the big boys could be playing us all like a fiddle. Dragging down BTC purposely to get in at a bargain, mainly because most of the larger players were/are late to the party.
Posted on 5/27/21 at 9:39 am to CecilShortsHisPants
Texas passed the "bitcoin bill" just waiting for abbot to make it a law
Posted on 5/27/21 at 9:57 am to rocket31
Details in the bill?
Posted on 5/27/21 at 10:02 am to TigerTatorTots
says that Texas is welcoming and open for business for bitcoin companies and investment
I read it as we are going to start mining bitcoin but idk
I read it as we are going to start mining bitcoin but idk
Posted on 5/27/21 at 10:08 am to rocket31
There's also something to do with how crypto is defined in state commercial code or something like that.
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