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re: Official CryptoTalk Thread

Posted on 8/7/21 at 8:54 pm to
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5532 posts
Posted on 8/7/21 at 8:54 pm to
quote:

CE Tiger


You are too young to retire anyway. You'll just rot away; you don't want that.
Posted by CE Tiger
Metairie
Member since Jan 2008
41888 posts
Posted on 8/7/21 at 9:05 pm to
quote:

You are too young to retire anyway. You'll just rot away; you don't want that.


Yea I’m not retiring anytime in the near future with 3 kids under 6

Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 8/7/21 at 9:12 pm to
Good luck to you sir
Posted by BottomlandBrew
Member since Aug 2010
29388 posts
Posted on 8/7/21 at 9:24 pm to
I hear you on that. I'm just hoping crypto can help out with education costs for my little rugrats. Everything else is langiappe.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 8/7/21 at 9:47 pm to
What can you do with your link?
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 8/7/21 at 9:56 pm to
ETH feels overbought. I hate to say anything "feels" like something but it just does. look at the 1day chart. can you honestly say you know for a fact the fork has changed eths value enough to cause that?

I dont think anyone can, and this looks like classic speculation- even for the crypto space.

who knows, maybe this really is the beginning of ETH taking over, but it just looks nuts to me.
This post was edited on 8/7/21 at 9:56 pm
Posted by CE Tiger
Metairie
Member since Jan 2008
41888 posts
Posted on 8/7/21 at 9:56 pm to
Well right now I can earn a measly 3.19% apy on Gemini earn

Eventually I would like to provide my Link to a node and earn passive income on it

And finally when I have accumulated enough I then sell and have financial freedom for myself and children
This post was edited on 8/7/21 at 9:57 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 8/7/21 at 10:05 pm to
I still don't understand why there was a hard fork and no new coin as a result. Hasn't every hard fork in history produced a secondary chain with a new set of coins?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/7/21 at 10:47 pm to
ultra sound money bro.
just wait until the flippening bro

hard for me to trust anything that relies on paid marketing to attract an audience
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 8/8/21 at 8:03 am to
quote:

ETH feels overbought. I hate to say anything "feels" like something but it just does. look at the 1day chart. can you honestly say you know for a fact the fork has changed eths value enough to cause that?


As someone who mines, it shows ETH finally starting to hit some deadlines on its roadmap to POS. Defi is the future and majority of it is on ETH.
Posted by go ta hell ole miss
Member since Jan 2007
14584 posts
Posted on 8/8/21 at 8:04 am to
ETH has helped push BTC through a lot of resistance. Once BTC got through the 43800 resistance it ran quickly to 45,000. It won’t surprise me to see it run all the way to 50,000 soon largely because of ETH.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/8/21 at 8:18 am to
none of that is true at all

eth/BTC has been trending down for the last 3 days
Posted by go ta hell ole miss
Member since Jan 2007
14584 posts
Posted on 8/8/21 at 8:21 am to
quote:

none of that is true at all


Going from 43800 to 45 in less than 24 hours is not true?

ETA: 12 hours.
This post was edited on 8/8/21 at 8:23 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/8/21 at 8:22 am to
you said eth was pulling it up lol

most of the recent money into the market has went into bitcoin

eth still is behind it's may peak vs the BTC pair

eth has also made lower highs ever since 2017 vs btc ... so a 4 year down trend
This post was edited on 8/8/21 at 8:26 am
Posted by go ta hell ole miss
Member since Jan 2007
14584 posts
Posted on 8/8/21 at 8:24 am to
quote:

you said eth was pulling it up lol


You said none of it was true.

You seriously think this rise in BTC is unrelated to ETH? Okay, maybe I have a ton to learn because that is precisely what I think has driven the rise in BTC recently. We’ll also see how much BTC runs now to $50k since you said NONE of it was true.
This post was edited on 8/8/21 at 8:27 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/8/21 at 8:28 am to
not sure what to tell you bud.

eth has been moving down for the last 24 hours vs Bitcoin
Posted by go ta hell ole miss
Member since Jan 2007
14584 posts
Posted on 8/8/21 at 8:31 am to
Ah, that’s fair. Perhaps my original post was not clear. I was referring to the last two weeks when ETH started moving up. This rise in BTC did not start 24 hours ago. It also had a lot of resistance to get through from 30k-44k. I understand you are referring to short term now.
This post was edited on 8/8/21 at 8:34 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/8/21 at 8:33 am to
quote:


eth has also made lower highs ever since 2017 vs btc ... so a 4 year down trend
Posted by go ta hell ole miss
Member since Jan 2007
14584 posts
Posted on 8/8/21 at 8:37 am to
quote:

not sure what to tell you bud.


You already told me.

quote:

none of that is true at all


You have told me BTC rise has been unrelated to ETH run. Once BTC got through 43,800 it did not run quickly to 45,000. And, there is a lot of resistance in BTC that will keep it from going to 50k now.

Like I said, I have a lot to learn. I appreciate the help and will learn from this.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 8/8/21 at 8:41 am to
eth needs to move into the 0.1 territory vs Bitcoin then I'll reconsider the flippening meme

it's still never recovered from the 2017 high
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