Started By
Message

re: Official CryptoTalk Thread

Posted on 12/20/24 at 9:34 am to
Posted by HagaDaga
Member since Oct 2020
3366 posts
Posted on 12/20/24 at 9:34 am to
quote:

Just buy the dips and don't read into it so much. At least thats my philosophy. There isn't an answer for every 1% move you see

I know... unfortunately I thought I was on Tues when I bought MSTU at 14.90, so my trading reserves is tapped out for now.

Why I'm trying to better understand the rhythm and reason behind drops. I tried before the fed announcement and didn't get that right at all and still don't know why it caused the market to drop so hard.

Now I'm just wondering why the fed announcement, and maybe even the govt shutdown talk, hit BTC as it did, since I thought it countered this kind of govt/market uneasiness. Just trying to catch up and build my natural instinct knowledge.
Posted by 98eagle
Member since Sep 2020
2632 posts
Posted on 12/20/24 at 10:12 am to
quote:

Long at $93K


Nice timing. I bought my last BITX stack when Bitcoin was approx. $95.5K.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 12/20/24 at 12:38 pm to
Needed to aggressively average down to get there. Expiry is 12/27.
Posted by BottomlandBrew
Member since Aug 2010
28472 posts
Posted on 12/20/24 at 2:15 pm to
SEC Commissioner Hester Peirce wants the ETH ETFs to be able to stake and provide yields.

quote:

Perhaps most notably, Commissioner Peirce expressed optimism at revisiting two major SEC decisions pertaining to crypto ETFs. As she had expressed last time she spoke with Coinage this summer, both in-kind redemptions and the ability for Ethereum ETFs to begin staking could be up for reconsideration. And unlike last time, when the likelihood was closer to zero of either happening under Chair Gensler, Commissioner Peirce expressed optimism over those changes in the new administration.


LINK
Posted by LSUcam7
FL
Member since Sep 2016
8459 posts
Posted on 12/20/24 at 5:04 pm to
Are meme coins the new safe haven for global markets?

Posted by Hank Tank
Member since Nov 2024
272 posts
Posted on 12/21/24 at 9:19 am to
Loading Twitter/X Embed...
If tweet fails to load, click here.
So what are we thinking with the Chain link/SHIB information?
This post was edited on 12/21/24 at 9:21 am
Posted by dkreller
Laffy
Member since Jan 2009
32447 posts
Posted on 12/21/24 at 9:53 am to
Chainlink gonna moon soon.
Posted by TheJunction
Mississippi
Member since Oct 2014
1621 posts
Posted on 12/21/24 at 11:34 am to
One call only dream.
Posted by bigjoe1
Member since Jan 2024
906 posts
Posted on 12/21/24 at 1:40 pm to
quote:

The demand for cruises continues to rise, and Virgin Voyages has found a unique way to get travelers to choose them.

In December, the adults-only cruise line launched an unlimited cruise pass for 2025 sailings with a base fare of $120,000. With this pass, travelers can hop onto any ship, at anytime, from anywhere — for an entire calendar year.

“We’re offering unlimited opportunities for adventure in a way that has never been done in cruising before,” Richard Branson, Virgin Group Founder, stated in a press release shared with CNBC Make It.

The pass can be purchased for a start date of January 1, February 1, March 1, or April 1 and is valid for one full year after that date. Passholders must still pay taxes and fees for the cruises they book.

Virgin Voyages also announced that the annual pas


From CNBC

Sorry part of the post got cutoff. You can pay for the cruise with bitcoin,
This post was edited on 12/21/24 at 1:42 pm
Posted by I Love Bama
Alabama
Member since Nov 2007
38319 posts
Posted on 12/21/24 at 5:43 pm to
Where are the hex bros at?

LINK
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81720 posts
Posted on 12/21/24 at 6:47 pm to
Yikes
Posted by BottomlandBrew
Member since Aug 2010
28472 posts
Posted on 12/21/24 at 8:35 pm to
They can't hear you. Their head is too deep in the sand.
Posted by beaverfever
Little Rock
Member since Jan 2008
34388 posts
Posted on 12/21/24 at 9:27 pm to
There’s a little more action this weekend than normal. Saturdays are usually particularly boring.
This post was edited on 12/21/24 at 9:28 pm
Posted by HagaDaga
Member since Oct 2020
3366 posts
Posted on 12/22/24 at 8:54 pm to
quote:

wants the ETH ETFs to be able to stake and provide yields.

What does this mean? I get the yield part, but don't know the stake part and how the 2 combine in this comment. TIA.
Posted by jefforize
Member since Feb 2008
45035 posts
Posted on 12/22/24 at 9:22 pm to
Staking and yielding are the same thing.

Stake eth and sol to yield % gains

And polkadot for the most yield
This post was edited on 12/23/24 at 6:52 pm
Posted by BottomlandBrew
Member since Aug 2010
28472 posts
Posted on 12/23/24 at 6:28 am to
Simply explained, you temporarily lock your tokens in a contract that secures the network. In doing so, you get paid a reward. The theory is that you are putting your tokens up as collateral to fairly confirm transactions and the blockchain. Bad actors are slashed, or penalized, and can lose their tokens for doing bad transactions. Good actors get paid a percentage of the gas fee of the block.
Posted by Hateradedrink
Member since May 2023
3188 posts
Posted on 12/23/24 at 5:47 pm to
I would like to point out that despite news, rumors, adoption, whatever, that btc is behaving almost exactly as would be expected in a vacuum of information.

The only difference so far has been the depth of corrections and that’s probably because of ETFs…unless we end up with a 20-30% dip here back to 80kish- then there will be almost no deviations from expectations.
Posted by 21JumpStreet
Member since Jul 2012
14774 posts
Posted on 12/24/24 at 9:15 am to
Price of a bitcoin on Christmas Eve ??

2024: $94,206
2023: $43,389
2022: $16,832
2021: $50,825
2020: $23,475
2019: $7,318
2018: $4,124
2017: $13,611
2016: $899
2015: $453
2014: $330
2013: $651
2012: $13
2011: $4
2010: $0.25
2009: $0
2008: $0
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10546 posts
Posted on 12/24/24 at 11:18 am to
Closed long BTC contracts yesterday at a very small loss. I didn't want margin issues since trading starts again Christmas Day and I want to disengage for a while. If I would have waited until today I would have come out slightly better.

I closed long calls on IBIT moments ago for a gain that offset the future's loss.

I've learned in the volatility side the equity options are less work and the gains can be large more quickly. The future's contracts gains are much larger, but much more work, and don't seem to move as quickly, plus it's hard to get around margin.

@98eagle 's volatility trade.

The other poster on here whose name I don't recall had posted about CBOE's new BTC index options:

LINK

I've been looking at them and I don't see a lot of liquidity yet. But I've not taken a lot of time on it either. I can't see what the OI is here:

LINK

Anyway, long BTC and trading BTC volatility continues to make this a very Merry Christmas!

eta @thatguy777

This post was edited on 12/24/24 at 11:47 am
first pageprev pagePage 2168 of 2208Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram