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re: Official CryptoTalk Thread
Posted on 12/24/23 at 9:10 am to BottomlandBrew
Posted on 12/24/23 at 9:10 am to BottomlandBrew
quote:
Sol still has a lot of runaway left,too.
I'm not a hater, but I'm kind of hoping that the solana money comes flying back to eth and eth L2s.
Posted on 12/24/23 at 9:39 am to TSLG
You and me both. The majority of my bag is ETH as far as dollars invested. Sol just dropped so hard because of ftx that it's just now getting back to where it really should have been compared to everything else. My opinion anyways.
Posted on 12/24/23 at 3:09 pm to BottomlandBrew
Is anyone in this group worried about recession fears? There is 100% track record of a recession following a Fed pivot to monetary easing. 100%!! I don't know about yall, but I'm thinking this is how Black Rock, etc. plans on buying bitcoin on the cheap. I'm sure they have been buying for years, but this could really open the door for them to accumulate bitcoin like crazy at a fraction of the cost.
Maybe I'm over thinking this, but I have been burned so many times in the past when everybody is screaming that we are going to the moon, and then reality hits. I've started unstaking my crypto just in case this thing turns south. Will be interested to see what this weeks Bitcoin weekly candle ends up at. If It's lower than the previous week, then we may be headed down.
Just my 2 cents. Ya'll have a Merry Christmas!
Maybe I'm over thinking this, but I have been burned so many times in the past when everybody is screaming that we are going to the moon, and then reality hits. I've started unstaking my crypto just in case this thing turns south. Will be interested to see what this weeks Bitcoin weekly candle ends up at. If It's lower than the previous week, then we may be headed down.
Just my 2 cents. Ya'll have a Merry Christmas!
This post was edited on 12/24/23 at 3:19 pm
Posted on 12/24/23 at 4:45 pm to mach316
I'm not worried in the least about Black Rock buying up BTC.
Just my 2 satoshis
Just my 2 satoshis
Posted on 12/24/23 at 6:18 pm to mach316
Bitcoin will crash and reach new highs over and over but we have a halfening and ETF in the next few months.
My money is on a double from here by Christmas 2025.
My money is on a double from here by Christmas 2025.
Posted on 12/24/23 at 9:30 pm to mach316
quote:Why would Blackrock want the price to crash in 2024 AFTER their ETF has launched? Their product is the ETF. They don't care what bitcoin price does so as long as people are buying their ETF and they are making the fees. Blackrock has minimal pricing exposure to bitcoin other than the initial seed money. This statement changes if Blackrock wants to get in the game of owning bitcoin though.
I don't know about yall, but I'm thinking this is how Black Rock, etc. plans on buying bitcoin on the cheap.
This post was edited on 12/24/23 at 9:33 pm
Posted on 12/25/23 at 8:01 am to TigerTatorTots
Posted on 12/25/23 at 8:35 am to I Love Bama
Nice investment. Good timing too just before the SEC likely decision to approve multiple Spot ETFs
Also, your Christmas present that you may not have opened yet is this morning's news that the large bank in China (in Hong Kong) called ZA Bank has basically disclosed that it is working on Bitcoin exchange services. It's customer base will be able to buy and sell Bitcoin.
LINK
Also, your Christmas present that you may not have opened yet is this morning's news that the large bank in China (in Hong Kong) called ZA Bank has basically disclosed that it is working on Bitcoin exchange services. It's customer base will be able to buy and sell Bitcoin.
LINK
This post was edited on 12/25/23 at 8:44 am
Posted on 12/25/23 at 11:57 am to I Love Bama
Damn baw you have fat stacks of fiat lying around
Posted on 12/25/23 at 11:59 am to I Love Bama
Another Christmas gift from Russia. Payments in Bitcoin will be legal in Russia in the 2nd half of 2024
LINK
LINK
Posted on 12/25/23 at 12:39 pm to TigerTatorTots
Unfortunately my business prints the fake money so I have to quickly convert it into real assets before the rest of the world finds out.
This post was edited on 12/25/23 at 12:39 pm
Posted on 12/26/23 at 3:21 pm to I Love Bama
quote:
My money is on a double from here by Christmas 2025.
Highly likely. I’d argue this is even a very conservative estimate.
Posted on 12/26/23 at 4:17 pm to Hateradedrink
Now, imagine how parabolic we are going in the next phase.
That is when 1 by 1, nations add it to the balance sheet.
All one has to do is study game theory for an hour to see how this all plays out.
3-5 years after the ETF
That is when 1 by 1, nations add it to the balance sheet.
All one has to do is study game theory for an hour to see how this all plays out.
3-5 years after the ETF
Posted on 12/26/23 at 5:58 pm to I Love Bama
While I agree I saw multiple articles today from people in the crypto industry that brought up interesting points that the ETF could have a long term negative impact on BTC
Posted on 12/26/23 at 6:10 pm to tigercraig
Matic's turn to go on a tear ![](https://images.tigerdroppings.com/Images/Icons/IconPimp.gif)
![](https://images.tigerdroppings.com/Images/Icons/IconPimp.gif)
Posted on 12/26/23 at 7:00 pm to tigercraig
quote:
While I agree I saw multiple articles today from people in the crypto industry that brought up interesting points that the ETF could have a long term negative impact on BTC
Why?
I just bought some bitcoin and it promplty dropped.
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
Also added 4k in cash somehow from my checking account that I can't annoyingly put back into my checking until the 4th. Account on hold or something.
Posted on 12/26/23 at 7:09 pm to Billy Blanks
Yall have Coinbase One? Is it worth the $360 annual fee?
Posted on 12/26/23 at 8:12 pm to Billy Blanks
quote:
Why?
I don’t know what to believe but I have seen several articles from different people in the industry that believe this could happen. LINK
It makes sense but I see both sides
Posted on 12/26/23 at 8:18 pm to tigercraig
doesn’t really make sense. There will just be transactions with less bitcoin
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