Started By
Message

re: Official CryptoTalk Thread

Posted on 5/1/25 at 4:34 pm to
Posted by Chuckiee
Member since Jan 2007
2604 posts
Posted on 5/1/25 at 4:34 pm to
quote:

there will be no ALT season


Such a dumb comment
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 5/1/25 at 7:57 pm to
What else can happen to prove your thesis wrong?

Posted by Chuckiee
Member since Jan 2007
2604 posts
Posted on 5/1/25 at 8:21 pm to
I think it’s just extremely foolish to say there will be no alt season when you BTC maxis keep saying the bull run has just started. You’re acting like retail will never come when every cycle they show up. Just because institutional money is here now doesn’t stop retail from coming in and gambling on speculative coins. But I understand, BTC maxis are like Schiff and gold in that it’s the only thing that can be successful and everyone else is a fool to think differently
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 5/2/25 at 8:46 am to
I asked you a direct question.

What will it take for you to question your belief that there will be an alt season?

If Bitcoin pumps to 125k and ETH stays flat would you reevaluate your beliefs?
Posted by 03 West CoChamps
Member since Sep 2024
697 posts
Posted on 5/2/25 at 9:02 am to
Last cycle BTC D was around or over 65% from July 19 to July 20. Then was over 70% in January 21.

ETH was still under 1k at the start of January 21. Then ETH had its cycle to $4,400 (May 21) and topped at $4,800 in Nov 21. BTC dominance at those points were around 40% at ETH's peak.

This is following the same path.
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 5/2/25 at 12:43 pm to
Yes, that was retail money flows with Covid bucks. Those days are over and they are not coming back.

Institutional money is flowing to the hardest asset and its not to trade.

Even if retail money comes, it is going to Solana, not ETH.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 5/3/25 at 10:30 am to
quote:

If Bitcoin pumps to 125k and ETH stays flat would you reevaluate your beliefs?


Can’t speak for him, but not me.

I expect this to happen. BTC would have to get to 300k+ without any alt movement for me to start to wonder.
Posted by TechDawg2007
Bawville
Member since Nov 2007
32513 posts
Posted on 5/3/25 at 6:51 pm to
Any news on trump coin aside from the dinner at the end of may?
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 5/3/25 at 10:07 pm to
Not sure, I haven’t heard anything.

I will say the cutoff for the dinner thing is May 12- that’s when they’ll stop assessing addresses for balances.
Posted by 98eagle
Member since Sep 2020
3147 posts
Posted on 5/7/25 at 11:33 pm to
Arizona joins New Hampshire by becoming the second U.S. state to officially create a Strategic Bitcoin Reserve.

Here is an excerpt from Coinpedia news:

"On May 7, 2025, Governor Katie Hobbs signed House Bill 2749 into law, giving the state the green light to invest in Bitcoin and other top digital assets using profits from unclaimed property.

To be clear, there were four Bitcoin Reserve-related bills proposed in Arizona this year. Senate Bill 1025 was vetoed, but HB 2749 successfully passed and has now been signed into law.

Under this new law, Arizona will take profits from old, unclaimed assets — like forgotten bank accounts or uncollected checks — and convert them into Bitcoin. The idea is to protect the state’s money from inflation and build a stronger, more modern financial future, all without touching taxpayer dollars.

The law also allows Arizona to collect rewards like interest, airdrops, and staking profits from these digital assets. It ensures that the funds are stored safely through regulated U.S. custody services and diversifies the state’s investment strategy without relying solely on Bitcoin."


The dominos are starting to fall. This should spur on more states and cities to follow suit.
Posted by TechDawg2007
Bawville
Member since Nov 2007
32513 posts
Posted on 5/8/25 at 5:56 am to
So very close to breaking $100k
Posted by 03 West CoChamps
Member since Sep 2024
697 posts
Posted on 5/8/25 at 7:45 am to
ETH starting to wake up. Need to break $2,100 to prove the change of character.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 5/8/25 at 11:02 am to
Posted by 03 West CoChamps
Member since Sep 2024
697 posts
Posted on 5/8/25 at 3:48 pm to
ETH CHofCH confirmed. BTC dominance down a whole % while BTC is green as well. Love this move.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 5/8/25 at 3:53 pm to
Cointelegraph has a good article out describing the impact of futures on the next price move.

They think if the price surges above 105k, it’s going to cause a cascade to new BTC ATH because hedge degenerates will have to buy to cover their shorts.

If that happens, look for retail to jump in and pump off of “good” tariff news.


It’s coming.
Posted by 98eagle
Member since Sep 2020
3147 posts
Posted on 5/8/25 at 5:13 pm to
It feels like Bitcoin is in a slingshot pulled back and ready to be released.

Over the next few months, the following likely events, in my opinion (to the extent they occur) should boost Bitcoin's price:

1. Many incoming trade deals.
2. Incoming creation of Strategic Bitcoin Reserves by more states, cities, countries and pension funds.
3. The more trade deals that are made, the more inflation will come down, the more "new" money people will have to invest.
4. Many new high paying manufacturing jobs are being created.
5. When inflation starts declining, perhaps the Fed will be forced to drop rates.
6. When Bitcoin price starts trending higher, the retail herd will FOMO buy.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 5/8/25 at 7:02 pm to
I agree 100%. I almost made this exact post.

The macro environment has pulled this market back like a sling shot.
Posted by 98eagle
Member since Sep 2020
3147 posts
Posted on 5/8/25 at 11:27 pm to
In the event Bitcoin does go parabolic, it will still have volatility, and I look forward to hopefully take advantage of frequent larger amplitude price swings on the way up. It's easier to volatility trade when Bitcoin is trending up with frequent dips, because I can open and close out more trades.

I still volatility trade no matter which way Bitcoin is trending, but some trades can take a lot longer to close out. I still have two stuck trades from mid December. Bitcoin will probably have to get to about maybe $125K before I can close out those two trades (with the profit I want) where I bought a stack of BITX when Bitcoin was at approximately $104.5K. BITX has decayed about 2.5% per month so I am still in the red a good bit on those 2 trades.

My volatility trades are about 5% to 10% of my trading cash (depending on how deep the dip or pullback is), so having 2 trades stuck for almost 5 months, is not that big a deal to me. I just keep trading. In the meantime I opened and closed a good bit more trades for cumulatively a nice profit, but it takes discipline and patience.
This post was edited on 5/8/25 at 11:30 pm
Posted by 03 West CoChamps
Member since Sep 2024
697 posts
Posted on 5/9/25 at 8:10 am to
Question for the people in this thread. Is this y'all's first cycle in BTC/crypto?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82088 posts
Posted on 5/9/25 at 9:50 am to
Been in since early 2017 and not yet retired so don’t listen to anything I say
first pageprev pagePage 2201 of 2240Next 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