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re: Official CryptoTalk Thread
Posted on 2/23/22 at 10:05 pm to TigerDeBaiter
Posted on 2/23/22 at 10:05 pm to TigerDeBaiter
well if it does get to 24k I might legit buy an entire Bitcoin if my wife doesn’t kill me 
3
Posted on 2/23/22 at 10:36 pm to Ross
So are we expecting BTC and ETH to fall further before finally leveling off?
Just trying to figure out when to dump more money.
Just trying to figure out when to dump more money.
Posted on 2/23/22 at 10:40 pm to Broski
quote:
are we expecting BTC and ETH to fall further before finally leveling off?
I expect them to both drop another 10 percent minimum in the short term
Posted on 2/23/22 at 10:42 pm to Ross
I will buy a full at the 200WMA
Posted on 2/24/22 at 11:29 am to Broski
Nobody knows… my (baseless) prediction is we continue to sell off real hard and then have a short crypto winter. I can’t see another long drawn out crypto winter now that the asset class has so much exposure. Plus everything seems to have accelerated lately. Just look at what the stock market did during the Covid selloff.
I see 24k or even lower coming. Again. This is meaningless, but how I see it playing out.
I see 24k or even lower coming. Again. This is meaningless, but how I see it playing out.
Posted on 2/24/22 at 11:54 am to Ross
quote:
well if it does get to 24k I might legit buy an entire Bitcoin if my wife doesn’t kill me
Good luck with that
My goal is to acquire an entire Bitcoin before the end of the year. Hoping to take advantage of this dip but I'm waiting for it to go lower before I put in anything significant.
Posted on 2/24/22 at 12:36 pm to Origins of Asymmetry
for you flexpool miners...
Posted on 2/24/22 at 3:25 pm to Broski
quote:
So are we expecting BTC...to fall further before finally leveling off?
It's a pretty big test of the digital gold argument. Hopefully it holds. I know that's what we all want. It survived covid, but we also had a massive stimulus to hep out with that. Right now we have an uncertain economy and a war in Europe. Time will tell. My personal FUD is somehow BTC and crypto in general get caught up in the Russian sanctions fiasco and our government clamps down on it.
Posted on 2/24/22 at 4:40 pm to BottomlandBrew
I think Russia views crypto rails as a way to bypass being disconnected from the SWIFT network if it comes to that, whatever that would mean for the space who knows
Posted on 2/24/22 at 6:56 pm to BottomlandBrew
quote:I firmly believe we will see this in the coming months
BTC and crypto in general get caught up in the Russian sanctions fiasco and our government clamps down on it.
Posted on 2/24/22 at 7:25 pm to TigerTatorTots
Yeah I saw Canada has recommended to all centralized exchanges to not recommend self custody of BTC on hardware wallets.
The battle lines for financial freedom are unfolding
The battle lines for financial freedom are unfolding
Posted on 2/24/22 at 8:07 pm to BottomlandBrew
quote:
our government clamps down on it.
Posted on 2/24/22 at 8:27 pm to Hulkklogan
holy fck no way
Posted on 2/24/22 at 8:49 pm to Hulkklogan
I knew I should have sold at $3
I'm in the red on it now, think my cost basis was 90 cents. Tempting to just wash my hands of it and throw it at a better L1.
Honestly though, and I hate using this logic, I think Charles still has the cult following needed to get my back into the green when the market goes through a general uptrend and then I'll likely move away. Definitely a moment I should have listened to others here, I really though Sundaeswap was going to be the start of ADA being a real player.
I'm in the red on it now, think my cost basis was 90 cents. Tempting to just wash my hands of it and throw it at a better L1.
Honestly though, and I hate using this logic, I think Charles still has the cult following needed to get my back into the green when the market goes through a general uptrend and then I'll likely move away. Definitely a moment I should have listened to others here, I really though Sundaeswap was going to be the start of ADA being a real player.
This post was edited on 2/24/22 at 8:51 pm
Posted on 2/24/22 at 10:03 pm to Ross
quote:
I knew I should have sold at $3
I should have sold more at $2.90. My cost basis was a little over $1 and I sold all of my profit when it closed in on $3. I figured I'd hold on to some for the sundae ISO, but that's been a train wreck and not worth anything, so whatever. I'll just let my remaining ADA sit and stake and hope it goes somewhere in the future. I put all my ADA profit into sol, and well, that was good for a while until it wasn't.
Still might be good, but not right now. What I've learned is that I'm not smart enough to do stuff like that, and I'm not plugged in enough to find moonshots before they moon, so I should just DCA blue chips like BTC and ETH and be happy with my relatively modest returns. Maybe throw a few bucks here and there on higher risk things.
Posted on 2/25/22 at 8:53 am to rocket31
I’m torn on Ted commenting. While I agree with everything he says, coming from his mouth is going to automatically make a lot of folks run away. He’s always been a little snake oil in his delivery.
I do wonder how long until we hear the “bitcoin is fuming terrorism” drum beats out of Washington. I’ve already seen a few big media outlets priming that narrative.
I do wonder how long until we hear the “bitcoin is fuming terrorism” drum beats out of Washington. I’ve already seen a few big media outlets priming that narrative.
Posted on 2/25/22 at 9:20 am to TigerDeBaiter
yea Bitcoin can used by good and bad guys.. just like a road or an airplane or whatever.
but you're right I'm sure the media will psyops middle bell curvers into thinking it's for terrorists now.
really hope they don't turn it into this red vs blue thing
but you're right I'm sure the media will psyops middle bell curvers into thinking it's for terrorists now.
really hope they don't turn it into this red vs blue thing
Posted on 2/25/22 at 10:56 am to rocket31
It’s already inexplicably heavily attacked by the blue team. Lizzie Warren is enemy #1.
If she’s against it, I gotta buy more.
If she’s against it, I gotta buy more.
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