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re: Official CryptoTalk Thread

Posted on 9/24/21 at 11:27 am to
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43474 posts
Posted on 9/24/21 at 11:27 am to
Speaking of AVAX, bridging data is still bullish as frick





This post was edited on 9/24/21 at 11:28 am
Posted by lsu777
Lake Charles
Member since Jan 2004
35003 posts
Posted on 9/24/21 at 11:28 am to
quote:

Do you mean on-chain is showing bull still?



yes
Posted by lsu777
Lake Charles
Member since Jan 2004
35003 posts
Posted on 9/24/21 at 11:29 am to
quote:

You already know we are big on HEX. I was being conservative with the 10x estimate.


cool, i know yall are into hex. I prolly should have bought back when the crypto thing was made but i still fell hex is a scam and i dont like messing with those types of coins. I very well could be wrong, but just my feeling on it.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11239 posts
Posted on 9/24/21 at 11:44 am to
Y'all just haven't studied it enough. It's the most complicated crypto on the planet. GME is a preschool test in comparison.
Posted by BottomlandBrew
Member since Aug 2010
28501 posts
Posted on 9/24/21 at 11:56 am to
If we are still flat or down into the second half of October, I might go bearish, but we are in a month that has historically been bad for both crypto and traditional stocks, so I'm still bullish.
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 9/24/21 at 12:18 pm to
TA can't predict an ETF approval

that's why TA is just clowns flipping coins and pretending like they get it right more so then they get it wrong
This post was edited on 9/24/21 at 12:19 pm
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 9/24/21 at 12:22 pm to
it still pretty amazing that no one seemingly cares about the incoming securities law that gensler keeps harping on.

really unsure how that all plays out but could get ugly I guess.

this short clip with Raoul pal and saylor makes me think twice about what to do moving forward
LINK
This post was edited on 9/24/21 at 12:23 pm
Posted by JayDeerTay84
Texas
Member since May 2013
9853 posts
Posted on 9/24/21 at 12:34 pm to
I mean, Saylor is right and he is confident because he is a BTC maxi.

There are a number of projects people throwing money at with skummy unethical practices.

BTC will always be my major stack.
This post was edited on 9/24/21 at 1:17 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11239 posts
Posted on 9/24/21 at 12:39 pm to
BTC is the safest crypto play and will continue to crush stock market returns. Not a bad idea to be heavy Bitcoin.

quote:

TA can't predict an ETF approval


I have been preaching that wall street is waiting at the door step. Once they are truly let in, the party begins.
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 9/24/21 at 12:47 pm to
yeah saylor is just such a convincing guy

might be time to go heavier into Bitcoin I suppose
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11239 posts
Posted on 9/24/21 at 12:49 pm to
Nearly everyone agrees Bitcoin will continue to climb and outpace the stock market. I'm just too active of a trader to be in the slowest moving crypto. Once I get a stack like yours, I will consider it more heavily.
Posted by barbapapa
Member since Mar 2018
3707 posts
Posted on 9/24/21 at 12:52 pm to
do we like SOL at $139
Posted by Ross
Member since Oct 2007
47825 posts
Posted on 9/24/21 at 1:48 pm to
I’ve always been minimum 50% BTC and often significantly higher

It’s the lowest risk coin. Yeah it also has lower returns, but that’s just the name of the game
Posted by JayDeerTay84
Texas
Member since May 2013
9853 posts
Posted on 9/24/21 at 1:55 pm to
It’s awesome. We talk about the lowest returns but compared to the stock market it’s a massive improvement haha.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81723 posts
Posted on 9/24/21 at 2:04 pm to
quote:

this short clip with Raoul pal and saylor makes me think twice about what to do moving forward

He is pretty spot on in that pretty much every coin in crypto is a security by the definition. It is just how does it get regulated and what do the regulations look like for the average investor. It isn't like the SEC can force a coin to cease and desist. What they can probably do is force any US exchange to de-list them.
Posted by lsu777
Lake Charles
Member since Jan 2004
35003 posts
Posted on 9/24/21 at 2:30 pm to
so yall buying the SOl to $100 and then big bounce analysis that bitboy put out yesterday?
Posted by Douglas Quaid
Mars
Member since Mar 2010
4116 posts
Posted on 9/24/21 at 2:37 pm to
Government vs. Crypto. Each side is beginning to understand that fundamentally they are existential threats to one another.

I've been saying for years there is good chance people may have to one day fight their governments to use crypto. And it may even be in the literal physical sense of the word.

Don't come back at me with the old "they can't ban it" nonsense. They don't need to ban it.
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 9/24/21 at 3:10 pm to
I think you're mostly right

the govt really doesn't know how to process the space and since they've allowed it to grow into such a monster the public push backs could become potentially violent

and if you do start punishing some crypto foundations for being "illegal securities" - where does that begin and end?
This post was edited on 9/24/21 at 3:12 pm
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61841 posts
Posted on 9/24/21 at 3:12 pm to
Luna
Posted by SUG
Member since Nov 2015
660 posts
Posted on 9/24/21 at 3:29 pm to
they are pushing hard against to try and set themselves up for the inevitable digital dollar, thats why they specifically attacked stablecoins and their absurd casino reference
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