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re: Official CryptoTalk Thread

Posted on 6/4/21 at 7:12 am to
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 6/4/21 at 7:12 am to
market is irrational and emotional
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 6/4/21 at 7:16 am to
Any of you crypto guys know what "pegged Ethereum" is. I tried to convert $60k of something in a wallet and ended up with it

Can I get this shite to coinbase somehow? I have a binance but it's still being verified and don't really use it tbh
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/4/21 at 7:16 am to
I mean I said it’ll make a decision by morning and if it falls below 37.5 it’ll run down to 35

Price is currently 35.8 seems pretty good to me but oh well
Posted by mtcheral
BR
Member since Oct 2008
2087 posts
Posted on 6/4/21 at 7:35 am to
Mid 35s shows support on the 4h and 1D charts. Good chance we bounce a bit here. If we don’t it’s ugly. Scary going into a weekend looking like this.
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 6/4/21 at 7:42 am to
quote:

Any of you crypto guys know what "pegged Ethereum" is. 

I can't give you a real answer but I can give you an OT answer
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 6/4/21 at 7:54 am to
Unreal. So, 0 btc is probably on TSLA books now. He undoubtedly owns a huge doge wallet.
Posted by zzgobucky
Madison
Member since Sep 2016
1823 posts
Posted on 6/4/21 at 8:10 am to
Pretty sure it's ETH on the binance smart chain. Should be able to convert it to USDT and transfer that to coinbase
Posted by 21JumpStreet
Member since Jul 2012
14871 posts
Posted on 6/4/21 at 8:12 am to
Nah, it's filecoin
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/4/21 at 8:47 am to
I actually don't think he sold any, at least not yet

I expect some bullish tweet from him before the qtr is over to pump it for profits
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13426 posts
Posted on 6/4/21 at 8:53 am to
quote:

Elon knows TA as well as anyone else.

What is this opinion based on?
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/4/21 at 8:54 am to
That it’s (TA) not really complicated and his tweets have been timed impeccably well to attempt to influence inflection points.

Basically, if some bozo on TD knows it, a billionaire trying to manipulate a 1.5T market cap space probably knows it, too.
This post was edited on 6/4/21 at 8:58 am
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 6/4/21 at 11:04 am to
Jack >>>>>>>>>>>>>>>>>>>>> Elon
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 6/4/21 at 11:09 am to
One is censoring political speech online and the other is making space ships to go to Mars.
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 6/4/21 at 12:42 pm to
quote:

the other bankrolled Tom Mueller to make space ships that will go to Mars.


FIFY

If not for Tom Mueller, Musk would probably still be trying to purchase rockets from Russia
This post was edited on 6/4/21 at 12:44 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/4/21 at 12:44 pm to
Do any 2021 maximalists have a time line they’re looking at?

I’ve seen 100k by July, I’m wondering if anyone who thinks we are still on track for that has a “line in the sand” kinda thing for the bear tendency/consolidation period to turn around.

By mid June? End of June?
This post was edited on 6/4/21 at 12:59 pm
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5583 posts
Posted on 6/4/21 at 12:46 pm to
Bull run starts back up in July for BTC. Going to trade sideways the month of June (crab market)

This is not financial advice

Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 6/4/21 at 1:00 pm to
Oh look, an Elon/btc thread on the OT. This will go well.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/4/21 at 1:11 pm to
That tweet is what everyone is blaming this on?

I hadn’t even seen it yet
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 6/4/21 at 1:26 pm to
I was just commenting on recent tweets

“Square is considering making a hardware wallet for #bitcoin . If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community. We want to kick off this thinking the right way: by sharing some of our guiding principles.”
This post was edited on 6/4/21 at 1:33 pm
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 6/4/21 at 1:37 pm to
I know.

Jack comments are of course better for BTC in the short run.

I'm interested to see what Elon's long game is with crypto though.
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