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re: Official CryptoTalk Thread

Posted on 3/13/23 at 10:39 am to
Posted by Ross
Member since Oct 2007
47825 posts
Posted on 3/13/23 at 10:39 am to
Let this thread have life. BTC up 10%.
Posted by Hussss
Helena, AL
Member since Oct 2016
7482 posts
Posted on 3/13/23 at 10:40 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81692 posts
Posted on 3/13/23 at 10:46 am to
Who woulda thunk banks failing is good for bitcoin

Posted by Ross
Member since Oct 2007
47825 posts
Posted on 3/13/23 at 11:07 am to
It seems either the dollar will weaken to save the banks or people will feel less safe in the banking system. Strikes me as bullish but of course I’m biased
This post was edited on 3/13/23 at 11:08 am
Posted by Hussss
Helena, AL
Member since Oct 2016
7482 posts
Posted on 3/13/23 at 11:23 am to
I can’t help but feel this entire situation is a consolidation of power.

What the trillions in reverse repos have told us is that there is a severe shortage of good collateral (I.e. U.S. treasury securities).

What better way to hook up JPM, GS, BAC with “good collateral.”

ETA: When there is a shortage of good collateral it means that way too much money has been “printed” I.e. loaned into existence.
This post was edited on 3/13/23 at 1:20 pm
Posted by Yellerhammer5
Member since Oct 2012
10891 posts
Posted on 3/14/23 at 8:07 am to
Bitcoin over 26k this morning.
Posted by Ross
Member since Oct 2007
47825 posts
Posted on 3/14/23 at 8:12 am to
once it breaks 30k and some of the people from 2020-2021 who held on are back in the green I expect this thread to pick up steam
Posted by BottomlandBrew
Member since Aug 2010
28412 posts
Posted on 3/14/23 at 8:25 am to
If we hold ~25,300 for the daily, we're back in business. That's been a tough nut to crack the past couple months.
Posted by HottyToddy7
Member since Sep 2010
15247 posts
Posted on 3/14/23 at 8:44 am to
quote:

That's been a tough nut to crack the past couple months.


Yeah first time over that line since June 22.

I'm expecting a 28k touch then a pull back. Only question is do we hold $25,300. If we do some money on the sideline may come flooding back in.
This post was edited on 3/14/23 at 8:47 am
Posted by 21JumpStreet
Member since Jul 2012
14772 posts
Posted on 3/14/23 at 12:26 pm to
Hmm we may not ever see 20k again
Posted by LordSaintly
Member since Dec 2005
40595 posts
Posted on 3/14/23 at 3:56 pm to
And just like that, we're back under 25K
Posted by BottomlandBrew
Member since Aug 2010
28412 posts
Posted on 3/14/23 at 5:09 pm to
It's going to need to rally hard in the next couple hours, which we all know is possible in cryptoworld.
Posted by BottomlandBrew
Member since Aug 2010
28412 posts
Posted on 3/17/23 at 6:49 am to
Y'all ready for the next leg up? We're bumping up against 27k as I type this.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43472 posts
Posted on 3/17/23 at 11:25 am to
Posted by CE Tiger
Metairie
Member since Jan 2008
41784 posts
Posted on 3/17/23 at 12:10 pm to
I’m ready for link to be back
At $20…. Then $50
Posted by Ross
Member since Oct 2007
47825 posts
Posted on 3/17/23 at 12:40 pm to
I went through each stage of grief as the market collapsed, I’m ready to rock and roll again.
Posted by CE Tiger
Metairie
Member since Jan 2008
41784 posts
Posted on 3/17/23 at 12:43 pm to
Is their a stage after regret??
Posted by Gauxt
Prairieville
Member since Oct 2013
356 posts
Posted on 3/17/23 at 1:04 pm to
I’m ready for link to be back
______________________________

Been holding for a long time... got in at .44
Posted by CE Tiger
Metairie
Member since Jan 2008
41784 posts
Posted on 3/17/23 at 2:46 pm to
You staking?
Posted by Ross
Member since Oct 2007
47825 posts
Posted on 3/17/23 at 3:44 pm to
where are you staking LINK? Is it possible through Ledger? It's the only crypto asset I own that is just sitting there idle other than BTC.
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