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re: Official CryptoTalk Thread
Posted on 8/26/23 at 4:53 pm to The Baker
Posted on 8/26/23 at 4:53 pm to The Baker
Re-bumping this thread. If you’re going to buy, you probably need to soon. Next bull run is likely going to start in just over a year and if you don’t want to get hit with short-term cap gains, start making moves.
The regulatory scene is murky. For that reason, this go around I am sticking to coins available on robinhood. I am not using robinhood but im only buying coins they have listed.
Greyscale btc etf decision may finally be coming down this Tuesday and end of august options expiry are the big movers to consider. Volume is extremely low which means no one knows wtf to do.
J.P. Morgan says btc has “limited downside” right now and I tend to agree. I don’t see it going below 20k based off long-term power law model.
charts.bitbo.io/long-term-power-law/
It predicted the floor of 15k in late 2022 and right now it’s at 20k.
The regulatory scene is murky. For that reason, this go around I am sticking to coins available on robinhood. I am not using robinhood but im only buying coins they have listed.
Greyscale btc etf decision may finally be coming down this Tuesday and end of august options expiry are the big movers to consider. Volume is extremely low which means no one knows wtf to do.
J.P. Morgan says btc has “limited downside” right now and I tend to agree. I don’t see it going below 20k based off long-term power law model.
charts.bitbo.io/long-term-power-law/
It predicted the floor of 15k in late 2022 and right now it’s at 20k.
This post was edited on 8/26/23 at 5:02 pm
2
Posted on 8/27/23 at 12:25 pm to Hateradedrink
We ready for sell day on the next bull ru over here. Hodl ain't the strategy anymore. Make money every 4 years 
Posted on 8/28/23 at 3:29 pm to 21JumpStreet
Posted on 8/29/23 at 11:40 am to Nonetheless
Grayscale won its lawsuit against the SEC. BTC spot ETF could be coming soon.
Posted on 8/29/23 at 11:51 am to LordSaintly
is that why crypto popped off today?
Posted on 8/29/23 at 11:53 am to Nonetheless
Yes. Huge news for crypto and BTC.
Posted on 8/29/23 at 11:56 am to Nonetheless
Yep
But I won't hold my breath for an ETF yet. The SEC will continue delaying
But I won't hold my breath for an ETF yet. The SEC will continue delaying
Posted on 8/29/23 at 12:10 pm to TigerTatorTots
hey tots
Posted on 8/29/23 at 12:14 pm to TigerTatorTots
There are 8 or 9 ETF applications floating around and the last deadline for almost all of them is right before halvening, lol.
If just one gets approved….
If just one gets approved….
Posted on 8/29/23 at 12:24 pm to Hateradedrink
I want to add that from reports, the judge ruled in favor of grey scale and labeled the SEC’s actions as “arbitrary and capricious”.
I’m betting that will influence Coinbase’s suit with the SEC regarding calling Cardano etc securities. That gives me some confidence in that suit.
I’m betting that will influence Coinbase’s suit with the SEC regarding calling Cardano etc securities. That gives me some confidence in that suit.
This post was edited on 8/29/23 at 12:25 pm
Posted on 8/29/23 at 12:52 pm to Nonetheless
Posted on 8/29/23 at 12:53 pm to Hateradedrink
People still care about Cardano??
Posted on 8/29/23 at 1:11 pm to Hateradedrink
Any thoughts on XLM/Stellar Lumens? I see it on Robinhood.
Posted on 8/29/23 at 1:48 pm to TigerTatorTots
Well it’s #11 market cap so, evidently. It has some potential upside this cycle if it’s stablecoin gets off the ground in a meaningful way.
This post was edited on 8/29/23 at 1:49 pm
Posted on 8/31/23 at 8:37 am to Hateradedrink
LINK
Yeah yeah cointelegraph yadda yadda
Yeah yeah cointelegraph yadda yadda
quote:
Working with various financial institutions and blockchain oracle network provider Chainlink, SWIFT said that it was able to showcase its ability to provide a single point of access to multiple networks using existing infrastructure. According to SWIFT, this significantly reduces operational challenges and costs for institutions to support tokenized assets.
Posted on 8/31/23 at 5:17 pm to Hateradedrink
quote:
Yes. Huge news for crypto and BTC.
Weird how BTC completely lost the gains made...
Posted on 9/1/23 at 2:52 pm to Big_Sur
quote:
Weird how BTC completely lost the gains made...
Not weird. Gensler delayed decisions on all the pending ETF applications so it caused a sell off.
Posted on 9/19/23 at 11:21 am to LordSaintly
Regarding chainlink, I’ve been seeing tons of buzz on twitter. Does anyone have a basic explanation of what is happening for someone who might not be as tech savvy? I’ve been diving in a bit but having a hard time understanding.
Posted on 9/19/23 at 11:44 am to GridIronTigerBaw
quote:
Regarding chainlink, I’ve been seeing tons of buzz on twitter. Does anyone have a basic explanation of what is happening for someone who might not be as tech savvy?
it's a scam. stick to BTC and ETH.
Posted on 9/19/23 at 1:48 pm to finchmeister08
quote:
stick to BTC and STX
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