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re: Official CryptoTalk Thread

Posted on 1/23/22 at 11:17 am to
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17285 posts
Posted on 1/23/22 at 11:17 am to
Nice viewpoint on UST

Twitter
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/23/22 at 3:45 pm to
ha first reply under that tweet is from a boomer who just found UST. love it
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21082 posts
Posted on 1/23/22 at 3:47 pm to
I’ve been watching UST some, I like the idea of decentralized stablecoin but personally would like to see interest available on. Cefi apps like Celsius or Blockfi

I’m not staying or anything on true defi platforms like you mentioned … yet
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 1/23/22 at 6:23 pm to
quote:

like the idea of decentralized stablecoin


I'm even more interested in RAI from a protocol perspective. It's not pegged to USD. It's pegged... To itself. Backed solely by ETH, so crypto native.

Why RAI
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/24/22 at 10:34 am to
any crypto chads buying this dip or everyone stable krewe
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 1/24/22 at 10:41 am to
I had some stable set aside and I'm just buying in a little bit at a time every time we see a dip right now
This post was edited on 1/24/22 at 10:52 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 1/24/22 at 10:47 am to
I have a big ole stack of cash right now from selling stocks at the end of 2021 for tax reasons. Waiting for 30k bitcoin to take a bite.

Already been nibbling at some Hex.
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 1/24/22 at 10:57 am to
im up to 80%+ stables. flipping wallets with minimal coins. some long nft holdings. not buying coins until i see btc hold 30, not much resistance in the 20s.
This post was edited on 1/24/22 at 11:00 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/24/22 at 11:12 am to
so much $$$ sacrificed for plsx. not sure what to think of it. marketcap will already be high once it goes live.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/24/22 at 11:13 am to
yea i wish i had more stable exposure. im at like 25% of my portfolio. not ideal.

i have buy orders at 31k

Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17285 posts
Posted on 1/24/22 at 11:34 am to
quote:

any crypto chads buying this dip or everyone stable krewe


I am buying a few luna each dip. Also on some small long term bags, bringing my average cost down a little when I can
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/24/22 at 11:44 am to
yeah im most bullish on luna and atom

some coinbase chad is buying btc nonstop right now
Posted by AUCE05
Member since Dec 2009
45148 posts
Posted on 1/24/22 at 11:49 am to
Chad gonna be disappointed because we going south.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 1/24/22 at 11:59 am to
quote:

AUCE05
You ever buy back in after you were 100% out in January of 2021?
Posted by AUCE05
Member since Dec 2009
45148 posts
Posted on 1/24/22 at 12:03 pm to
Yes and no. I have a large stack setting in USDT. I have been swing trading SHIB, DOGE and ETH. So it is complicated. I cant stay away. I also put a stack in meme stock which did not work out well. Gonna stick to crypto. It is safer.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 1/24/22 at 12:26 pm to
today feels dead cat bouncy tbh

I’ve got limit orders at 25k up to 32k at every 1k increment awaiting Wednesday
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 1/24/22 at 12:35 pm to
I feel like the crypto gods are giving those who thought they missed out in 2021 or thought they sold too early, another chance before mass adoption occurs. Pain may take a while to shake out the weaklings
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 1/24/22 at 12:41 pm to
quote:

today feels dead cat bouncy tbh

Agreed, I'm not touching it right now. Hoping for $30k
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/24/22 at 1:01 pm to
idk my read is some insider knows the wed meeting is positive and catching bid before bullsh news

could be wrong but high volum Coinbasee buys like that typically come from someone that knows "something"
This post was edited on 1/24/22 at 1:01 pm
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 1/24/22 at 1:03 pm to
well if thats the case I had my daily DCA catch 33.2k and I'll just be content with that. I've spent a lot of money chasing the dip in the 30s so far so actually trying to play it smart for once. If I miss, I miss.

I will say this: I think most here agree the Fed isn't able to stay hawkish forever. Our national debt and leveraged markets make This economy feels quite fragile right now, it wouldn't be that shocking for them to resume a dovish posture.
This post was edited on 1/24/22 at 1:14 pm
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