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re: Official CryptoTalk Thread

Posted on 2/22/24 at 5:02 pm to
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5576 posts
Posted on 2/22/24 at 5:02 pm to
quote:

Usually the meme coins only moon once. They serve no purpose so once the bubble pops with them it won't be able to replicate the same level of interest.


Dogecoin is a prime example. Huge market cap Still needs a 10x to reach ath. Lots of bag holders are gonna be bagholding through this bull also
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 2/22/24 at 6:38 pm to
Historically most “popular” alt coins 20-30x from cycle low. People who get lucky and time the bottom will make money.

That said, doge really benefitted from Elon manipulating the market last cycle so they may not make as much this cycle.
Posted by Odinson
Asgard
Member since Apr 2014
2863 posts
Posted on 2/22/24 at 10:06 pm to
97x more to go lol
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 2/24/24 at 7:53 am to
Got most of mine between like $50-100
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 2/26/24 at 8:44 am to
BTC been pinging around 51k for awhile.

Have to think volatility is going to go up soon. Historically, btc doesn’t like to sit up against resistance either way for very long.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82092 posts
Posted on 2/26/24 at 10:06 am to
Miners going bananas, this is fun
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4929 posts
Posted on 2/26/24 at 11:07 am to
Sold some NVDA to add to my Clean Spark bag Friday. Miners should crush the market this run.
Posted by finchmeister08
Member since Mar 2011
39817 posts
Posted on 2/26/24 at 11:09 am to
quote:

Miners should crush the market this run.


which miners? BTC or something else?
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4929 posts
Posted on 2/26/24 at 11:26 am to
CLSK, RIOT, BITF, CIFR, BTBT, DMGI, HIVE, HUT, MARA, DGHI, WULF, MIGI, IREN, ARBK are some to look at.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 2/26/24 at 12:19 pm to
The Fi chart looks good
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82092 posts
Posted on 2/26/24 at 1:25 pm to
CLSK is the one miner I've been saying for a month now "I don't own enough, I need to buy more" and I have never bought more riding only 5 Jan 2026 call contracts on that one
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 2/26/24 at 3:13 pm to
I have been bricked up all day. God I can’t wait for the halfening.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82092 posts
Posted on 2/26/24 at 3:34 pm to
My individual brokerage account set an all time daily $ gain record today
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 2/26/24 at 4:41 pm to
Those calls are a printing machine
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 2/26/24 at 8:13 pm to
Smacking up to 56k and volume isn’t that high yet compared to the parabolic run last cycle.

The highest it got before the run up last cycle was 50% of ATH and we’re already basically at the ATH and halvening hasn’t happened.

I don’t know what to expect but I do know this time is, in fact, different.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82092 posts
Posted on 2/26/24 at 8:26 pm to
quote:

Smacking up to 56k and volume isn’t that high yet compared to the parabolic run last cycle.

Retail hasn't even sniffed this cycle much yet. This is pretty much ETF driven right now. Going to be a wild ride when retail arrives
Posted by BottomlandBrew
Member since Aug 2010
29379 posts
Posted on 2/26/24 at 9:06 pm to
Crazy to think people just entering now are still early. WAGMI.
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 2/27/24 at 7:59 am to
Anything can happen, but as of now we are looking at an all time high before the halfening.

Now, imagine what the news cycle looks like then. Retail is going to flood in and that’s when shite goes bananas.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4929 posts
Posted on 2/27/24 at 8:14 am to
These ETF inflows have been impressive so far. Wouldn't surprise me to see all time highs soon. Never seen bitcoin this bullish at this point in the cycle.
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 2/27/24 at 8:35 am to
I knew the ETFs would have an impact but really had no idea it would be this much.

If they keep pace, we are at over 175k by the end of the year. (Worth noting is I do not expect them to keep this pace, but that is the math)

I think 125k by end of year is realist unless we have a big financial event.
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