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Started By
Message
re: Official CryptoTalk Thread
Posted on 6/22/21 at 1:32 pm to TigerTatorTots
Posted on 6/22/21 at 1:32 pm to TigerTatorTots
0
Posted on 6/22/21 at 2:01 pm to Tiguar
quote:
I think this bull run was ended prematurely due to so much capital being spread out amongst different projects.
Seems to me we're going to need a shrinking of this pool of projects at some point. The crypto space can only accommodate so much market cap, and as long as it's spread out, I just can't see some of these "better" projects really taking off. But maybe I'm off base here
Posted on 6/22/21 at 2:25 pm to LSUJuice
I don’t think you’re entirely off base. I think there’s a possibility next cycle won’t be as diluted and, therefore, more prosperous for established projects.
But next bull cycle may be the last big one.
But next bull cycle may be the last big one.
Posted on 6/22/21 at 3:11 pm to Tiguar
I loaded up on ETH and Litecoin this morning. Im done with memecoins.
Posted on 6/22/21 at 4:14 pm to Ross
id say doge prob has the best chance of surviving of the memes
elons ego will not go away easily
I can see some type of Vitalik/Elon PoS doge fork
elons ego will not go away easily
I can see some type of Vitalik/Elon PoS doge fork
Posted on 6/22/21 at 4:21 pm to rocket31
Why has Vitalik been such a proponent lately?
Posted on 6/22/21 at 4:31 pm to Honest Tune
not sure. he's always liked doge for some reason
he claims to own a lot of it
he claims to own a lot of it
Posted on 6/22/21 at 5:41 pm to rocket31
What other meme coins are there?
Posted on 6/22/21 at 6:23 pm to TigerDeBaiter
Cumrocket
Posted on 6/22/21 at 7:58 pm to TigerTatorTots
Ah yeah. Forgot about that one. 
I’ll say, that’s the only disappointment in today’s little rebound - Seeing dogeshit coin bounce harder than some good alts.
I’ll say, that’s the only disappointment in today’s little rebound - Seeing dogeshit coin bounce harder than some good alts.
Posted on 6/22/21 at 8:52 pm to TigerDeBaiter
Asian markets have been very willing to sell off the last two nights. What does tonight bring I wonder...
Posted on 6/22/21 at 9:06 pm to Ross
I missed my $28.5k buy by $300 
Posted on 6/23/21 at 6:25 am to rocket31
Some food for thought for those that believe in TA and have been paying attention to the possibility of a Wyckoff. Things are lining up fairly well. If we start bumping up to $40k by the end of the month, then I'll start jumping back on the bull train.
This post was edited on 6/23/21 at 8:05 am
Posted on 6/23/21 at 7:34 am to rocket31
Can somebody really dumb down China's attitude toward BTC for me. Not a one line smartass answer, but close
Posted on 6/23/21 at 7:44 am to BottomlandBrew
What caused the huge bump last night?
Posted on 6/23/21 at 7:47 am to Stagliano
quote:
Can somebody really dumb down China's attitude toward BTC for me. Not a one line smartass answer, but close
They feel threatened by something they cannot control. They are a communist dictatorship and any hint of democracy must be eliminated. Simple as that.
Posted on 6/23/21 at 7:49 am to Stagliano
The CCP wants total control over its people and its economy, because it’s a centrally planned communist society.
They are launching a digital yuan; a central bank digital currency, of which they control the rules of the currency, the scarcity, and how it must be spent. Cryptocurrencies being decentralized pose a direct risk to their totalitarian goals, so they want it gone the second the value mining brings doesn’t outweigh their need for total control.
So, they are actively censoring the ability to look of crypto news or get to crypto exchanges, have made mining illegal “temporarily”, and have incentivized people to report any suspected mining activity to the government.
Even with all that, I doubt they completely stamp out mining or crypto usage, but they have definitely chased out most miners and tanked the market
They are launching a digital yuan; a central bank digital currency, of which they control the rules of the currency, the scarcity, and how it must be spent. Cryptocurrencies being decentralized pose a direct risk to their totalitarian goals, so they want it gone the second the value mining brings doesn’t outweigh their need for total control.
So, they are actively censoring the ability to look of crypto news or get to crypto exchanges, have made mining illegal “temporarily”, and have incentivized people to report any suspected mining activity to the government.
Even with all that, I doubt they completely stamp out mining or crypto usage, but they have definitely chased out most miners and tanked the market
Posted on 6/23/21 at 8:42 am to Ross
Ross hitting the nail on the head there with his explanation
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