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re: Official CryptoTalk Thread

Posted on 9/20/21 at 8:52 am to
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43305 posts
Posted on 9/20/21 at 8:52 am to
quote:

your AVAX buy probably has you still sitting pretty though brah



Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 9/20/21 at 8:58 am to
Remember when ETH was like $300 a year ago? Ahhhh.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 9/20/21 at 9:11 am to
indeed.

also, remember when the dips like this happened in crypto every single day, multiple times per day
This post was edited on 9/20/21 at 9:12 am
Posted by I Love Bama
Alabama
Member since Nov 2007
37732 posts
Posted on 9/20/21 at 9:30 am to
quote:

I think Bitcoin is gradually becoming a safe haven but we aren’t there yet



Agreed
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 9/20/21 at 9:47 am to
quote:

i no longer believe we will be getting the ungodly returns on bitcoin like we used to, but its still up ~250% yoy



If Bitcoin does truly fulfill its role as digital gold that simply keeps its value, it will eventually have to stabilize and track simply with the debasement of whatever you are valuing it with. You will then be able to judge the value of an investment by how it performs relative to Bitcoin, the best metric of absolute value.

Put another way, if you have an altcoin that isn't outperforming Bitcoin, why even bother with the investment at all? Just throw it in BTC.
This post was edited on 9/20/21 at 9:48 am
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 9/20/21 at 10:25 am to
true and all it really needs to do is outpace inflation to be considered healthy
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 9/20/21 at 12:19 pm to
quote:

the pres of El Salvador bought the dip at least


He’s got Michael Saylor Gigachad energy and I love it
Posted by 21JumpStreet
Member since Jul 2012
14655 posts
Posted on 9/20/21 at 4:42 pm to
Let's get that bitcoin dominance to 50%
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 9/20/21 at 6:29 pm to
hit the damn buy order BTC

I’ve missed it by like 10 and 40 dollars so far today
This post was edited on 9/20/21 at 6:35 pm
Posted by 21JumpStreet
Member since Jul 2012
14655 posts
Posted on 9/20/21 at 6:38 pm to
What kind of metrics yall use to set buy orders for the "bottom"
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1025 posts
Posted on 9/20/21 at 7:07 pm to
We in a free fall last few days. Damn
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 9/20/21 at 7:13 pm to
The recent trip to 29.5k has made me extremely numb to the roller coaster.

We are going to likely crash hard but then eventually it will bounce back harder.

Everything will be fine, just need to stack sats.
This post was edited on 9/20/21 at 7:21 pm
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1025 posts
Posted on 9/20/21 at 7:23 pm to
I’m practicing hodl with my SOL and trusting it’ll make its rise back soon enough. Yea, coins that I’m trying to hold long I’m just practicing my patience and not selling. It’s a process for me lol
Posted by BottomlandBrew
Member since Aug 2010
27152 posts
Posted on 9/20/21 at 7:23 pm to
See you boys at the bottom so that we can stack sats to pay for the party when we get to the top.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 9/20/21 at 7:24 pm to
I know for a fact the minute I sell to buy back in lower it’s going to moon. That’s about the only thing I believe with certainty

Coinbase is having problems, here we go again
This post was edited on 9/20/21 at 7:26 pm
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 9/20/21 at 7:27 pm to
quote:

What kind of metrics yall use to set buy orders for the "bottom"


clearly nothing worth mentioning, I set buy orders at 41k and 42.5k. Could have gone lower.
Posted by James11111
Walnut Creek
Member since Jul 2020
4683 posts
Posted on 9/20/21 at 7:29 pm to
Picked up a few more SOL at 126.
Posted by BottomlandBrew
Member since Aug 2010
27152 posts
Posted on 9/20/21 at 7:32 pm to
You mind taking one for the team so we can moon? I know myself and others would greatly appreciate your sacrifice.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 9/20/21 at 7:45 pm to


I want it to dip further. I’ve been sitting on a small pile of cash that I’ve saved the last month for if the trip back to 50k was a fakeout and we go back to the lower 30s. I want to unleash the hounds.
This post was edited on 9/20/21 at 7:46 pm
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1025 posts
Posted on 9/20/21 at 8:16 pm to
That’s fine, let sol go on its own upward in the meantime lol
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