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Message
re: Official CryptoTalk Thread
Posted on 11/9/23 at 10:22 am to I Love Bama
Posted on 11/9/23 at 10:22 am to I Love Bama
Get the feeling we’re either about to correct or blow up past 40k. I’m inclined to think we correct unless, as someone said, insiders are buying before ETF approval.
2
Posted on 11/9/23 at 10:37 am to Hateradedrink
I think after we have the official ETF approval we dump big time and then trend up from there
Posted on 11/9/23 at 10:43 am to I Love Bama
Conventional wisdom says that happens but honestly I dunno.
The thing to thats different about this is that the threat of a denial/delay dump is off the table once it’s approved. May not be a typical “sell the news” event.
The thing to thats different about this is that the threat of a denial/delay dump is off the table once it’s approved. May not be a typical “sell the news” event.
Posted on 11/9/23 at 10:51 am to I Love Bama
quote:Agreed, would be a classic "sell the news" dump and then steady grind upwards from capital flowing in
I think after we have the official ETF approval we dump big time and then trend up from there
Posted on 11/9/23 at 12:33 pm to Hateradedrink
quote:
Get the feeling we’re either about to correct or blow up past 40k. I’m inclined to think we correct unless, as someone said, insiders are buying before ETF approval.
Isn't the halving cycle about to end? I figured more people are front running that than the ETF approval but of course it's probably both.
Posted on 11/9/23 at 1:32 pm to wutangfinancial
In April yeah, if you look back historically, there’s still dumps proximal to the halving.
We’ve just kind of run…and kept running. There has to be some sort of pullback and re-test of support.
We’ve just kind of run…and kept running. There has to be some sort of pullback and re-test of support.
Posted on 11/9/23 at 4:13 pm to Hateradedrink
quote:
There has to be some sort of pullback and re-test of support.
Agree
Posted on 11/9/23 at 4:18 pm to boomtown143
One would think, but if you look at some historical charts, BTC can run hot for a couple months without ever coming back to test support. When it goes, it fricking goes.
Posted on 11/10/23 at 2:34 pm to BottomlandBrew
This isn’t even a juicy pump.
Posted on 11/10/23 at 4:32 pm to JayDeerTay84
yeah I don’t expect “pump without pull backs” until the pump.
But the market is acting a bit strange. Maybe the pull back from 30 to 25 earlier this year was the re test
But the market is acting a bit strange. Maybe the pull back from 30 to 25 earlier this year was the re test
Posted on 11/10/23 at 6:58 pm to TigerTatorTots
Bought a few shares before close today. Options too rich for my blood.
Posted on 11/12/23 at 2:01 pm to METAL
There is a guy on twitter that just lost 25 Bitcoin.
They are still trying to figure out what happened but this is a good reminder for you guys to get your coins off exchanges, put them in cold wallets and be careful with your seedphrases.
They are still trying to figure out what happened but this is a good reminder for you guys to get your coins off exchanges, put them in cold wallets and be careful with your seedphrases.
Posted on 11/12/23 at 2:11 pm to I Love Bama
Coinbase is pretty secure aslong as you use authenticator-based 2fa for everything.
It is, of course, better to hold your own keys but you could do worse.
It is, of course, better to hold your own keys but you could do worse.
Posted on 11/12/23 at 4:23 pm to Hateradedrink
quote:
Coinbase is pretty secure aslong as you use authenticator-based 2fa for everything.
Doesn’t do you any good if Coinbase collapses.
Posted on 11/12/23 at 7:40 pm to I Love Bama
quote:
There is a guy on twitter that just lost 25 Bitcoin.
Holy shite
quote:
this is a good reminder for you guys to get your coins off exchanges, put them in cold wallets and be careful with your seedphrases.
Did he lose it off an exchange or a hot wallet?
Posted on 11/12/23 at 8:16 pm to Yellerhammer5
True but as they say, if Coinbase collapses, we’re all kinda boned
This post was edited on 11/12/23 at 8:16 pm
Posted on 11/13/23 at 8:04 am to Hateradedrink
quote:
True but as they say, if Coinbase collapses, we’re all kinda boned
How many exchanges have been wiped out in the past 10 years?
Posted on 11/13/23 at 9:02 am to Yellerhammer5
quote:
How many exchanges have been wiped out in the past 10 years?
Yep. It's so wild to me anyone would keep coins on an exchange.
My guess, is he just does not have a meaningful amount of money so it doesn't make sense to keep it safe.
Lastly, keeping coins of exchanges helps the prices as they can't swap around any paper coins
Posted on 11/13/23 at 9:33 am to I Love Bama
Or I have a meaningful amount of money and don’t want to risk losing seed phrases/cold storage device getting stolen
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