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Started By
Message
re: Official CryptoTalk Thread
Posted on 7/31/21 at 5:57 pm to Huge Richard
Posted on 7/31/21 at 5:57 pm to Huge Richard
1
Posted on 7/31/21 at 6:32 pm to Hulkklogan
great to see our old friend doge stagnant, lol
Posted on 7/31/21 at 6:35 pm to rocket31
ETH having its own day today.
Posted on 7/31/21 at 7:39 pm to TheDuke5524
ETH is making up lost ground. BTC has over 10% more gains on this run.
Posted on 7/31/21 at 7:50 pm to FlyinTiger93
I'm bout it. 
This post was edited on 7/31/21 at 7:51 pm
Posted on 7/31/21 at 8:10 pm to TheDuke5524
My laggards SOL and DOT making up some ground too. Nice to see that for a change.
Posted on 7/31/21 at 8:59 pm to FlyinTiger93
The correlation spread was a good play. Glad it was ETH catching up and not BTC coming back down. They are both looking much better than two weeks ago. Accumulation period was a gift for a lot of people if true.
Posted on 7/31/21 at 9:08 pm to go ta hell ole miss
quote:shite yeah. Especially for those like me who came in late in the first bull run in 2021 and bought near the top. I stable'd out when BTC was ~50k, DCA'd as it went down, and bought back in when BTC was ~32k, all while accumulating.
Accumulation period was a gift for a lot of people if true.
This is helping me understand the adage "time in the market beats timing the market". It may suck sometimes to see that number go down, but just keep stacking and when it goes up it'll be worth it.
Posted on 8/1/21 at 11:47 am to Hulkklogan
Well… will we see 10 Greens in a row?
Posted on 8/1/21 at 12:03 pm to TheDuke5524
we didn't get it yesterday
Posted on 8/1/21 at 1:20 pm to rocket31
I think we’ve reached the point we are either gonna see some frequent red days OR run up rapidly. There isn’t much possibility for in between from what I can see unless volume collapses and the market moves like a slug.
The run up was too fast and too steep for there to be other outcomes and the candles are crossing the 99day moving average.
The run up was too fast and too steep for there to be other outcomes and the candles are crossing the 99day moving average.
This post was edited on 8/1/21 at 1:22 pm
Posted on 8/1/21 at 1:27 pm to Tiguar
agreed.. I'm thinking all markets will be impacted this week bc of the macro situation, depends on what sleepy decides to do with covid after he insinuated restrictions are coming
Posted on 8/1/21 at 1:44 pm to TheOcean
Quant is doing well right now.
Posted on 8/1/21 at 3:08 pm to rocket31
quote:
agreed.. I'm thinking all markets will be impacted this week bc of the macro situation, depends on what sleepy decides to do with covid after he insinuated restrictions are coming
I am wondering if some of the renewed influx was out of equities and into crypto.
quote:
I do think link will pump here pretty decently going into the conference
after that though?
When and what is this conference?
Posted on 8/1/21 at 3:55 pm to TigerDeBaiter
quote:
When and what is this conference?
Smart Contract Summit
Aug 5-7
SmartCon
This post was edited on 8/1/21 at 3:56 pm
Posted on 8/1/21 at 5:21 pm to CE Tiger
Link still a thing? May toss some that way.
Random thoughts: they have bitcoin conferences and not cryptocurrency conferences...
Random thoughts: they have bitcoin conferences and not cryptocurrency conferences...
This post was edited on 8/1/21 at 5:23 pm
Posted on 8/1/21 at 5:42 pm to 21JumpStreet
Red Sunday
Posted on 8/1/21 at 6:32 pm to TheDuke5524
I think there is market wide carnage coming and the crypto space is rarely spared during that. For now, at least.
Posted on 8/1/21 at 6:39 pm to Ross
Decisions… decisions. Guess that translates to more buying opportunities
This post was edited on 8/1/21 at 6:59 pm
Posted on 8/1/21 at 10:21 pm to TheDuke5524
Update on the infrastructure bill:
Link to more info
So not as bad as things could be. Still not set in stone, but it's a positive move.
quote:
An updated version of the bill now specifies that only people who provide digital asset transfers would be treated as a broker, according to a copy of the draft bill obtained by CoinDesk. In other words, the language now does not explicitly include decentralized exchanges, but it also doesn’t explicitly exclude miners, node operators, software developers or similar parties.
“Any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person” is now included in the definition, according to the bill.
...
Under the previous language of the infrastructure bill, other parties might also have gotten swept up in these rules, such as software developers, hardware manufacturers or miners who don’t send transactions to customers directly. However, Sen. Rob Portman (R-Ohio), one of the lawmakers working on the bipartisan bill and the lawmaker who may have drafted the language, does not intend to capture these types of entities. A spokesperson told CoinDesk that “non-brokers” would not have to comply with reporting requirements.
Link to more info
So not as bad as things could be. Still not set in stone, but it's a positive move.
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