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re: Official CryptoTalk Thread

Posted on 5/29/21 at 9:39 am to
Posted by AMS
Member since Apr 2016
6533 posts
Posted on 5/29/21 at 9:39 am to
quote:

How about a shitcoin for a children’s orphanage that


Because not many actually care about this group.

quote:

therapy dogs which are all rescue dogs


I’d say you’re onto something with this part though. You’re fitting 2 genres of dog into 1 dog. People love dogs.
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 5/29/21 at 9:40 am to
Oh it's coming. 100%. You'll have a new shitcoin for every charity niche out there. Absolute trash
Posted by TigerDeBaiter
Member since Dec 2010
10636 posts
Posted on 5/29/21 at 10:05 am to
What are we thinking support levels for eth link and ada are? I bought the lows last week and sold after 50% or so. Didn’t catch the top, but figured a drop was inevitable after that massive bounce which is why I sold and now looking for a longer term re-entry position.

Got my eye on 1900 for first low, then a possible dip to 1450, then 1100 as a floor if things get real ugly. Curious to others thoughts..
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/29/21 at 10:06 am to
It's amazing that, while the market is tanking, we still have shite coins being built and shilled.
Posted by AMS
Member since Apr 2016
6533 posts
Posted on 5/29/21 at 10:23 am to
quote:

It's amazing that, while the market is tanking, we still have shite coins being built and shilled.


Not when they think long term. The halving will happen and the bulls will run. Some whales even buy scams early for a future pump and dump.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/29/21 at 10:57 am to
2000-2200 is support for eth in recent term. if it falls below 2k and sustains, you'll be in a price finding scenario and that would also be confirmation of a likely sustained bear market.
Posted by TigerDeBaiter
Member since Dec 2010
10636 posts
Posted on 5/29/21 at 11:09 am to
That range sounds about right, I guess I was hoping for under $2k, even for a brief panic selling wick like last weekend. We shall see. I’ve got staggered limit buys.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/29/21 at 11:17 am to
I also think if you fall below 2k eth, you’re gonna see some stop losses get triggered.

Same for btc and 32k.
Posted by mctiger1985
Baton Rouge
Member since Oct 2009
3695 posts
Posted on 5/29/21 at 11:53 am to
Just got my fold card. Keep stacking sats and the price keeps going down ??. I know it doesn't mean much, but it's quite funny for the time being. Really just want to hit that.001% free Bitcoin.
Posted by ronricks
Member since Mar 2021
10817 posts
Posted on 5/29/21 at 11:54 am to
Anyone think we see tomorrow what happened last Sunday?
Posted by DowntheBayouTiger
Atlanta, GA
Member since Oct 2009
816 posts
Posted on 5/29/21 at 12:03 pm to
Hoping so, definitely seems to be tipping that way.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/29/21 at 12:08 pm to
There was a pretty rapid dip last week that resulted in a quick rebound. The velocity on the drop is much lower this go around so I don’t know if they’ll be the same rebound.
Posted by GeneralLee
Member since Aug 2004
13945 posts
Posted on 5/29/21 at 1:14 pm to
Yeah this feels like it's gonna be a slow grind to the $20-25K range for bitcoin.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3630 posts
Posted on 5/29/21 at 2:00 pm to
Blew half my load on some Cardano at 1.35
Hoping this is just more margin calls. and not an actual decline in demand
Posted by Sho Nuff
Oahu
Member since Feb 2009
13373 posts
Posted on 5/29/21 at 2:07 pm to
Was any new FUD even announced for this go round?
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3630 posts
Posted on 5/29/21 at 2:13 pm to
Not that I’ve seen or heard. More support than FUD lately. Thinking Bitcoin calls missed and expired. Most “experts” were predicting a return to 40k+.

Lock it up right? Easy money... Wrong
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/29/21 at 9:13 pm to
if you got in at a good time and got out at a good time, youre +40% from the last week. But you had to be unemotional
Posted by Powerman
Member since Jan 2004
170402 posts
Posted on 5/30/21 at 8:56 am to
Looks like the market had a decent bounce overnight
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/30/21 at 11:17 am to
it looks like we're in the slow-bleed with occasional dead cat bounce phase until proven otherwise
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/30/21 at 11:29 am to
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