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jmcwhrter
Member since Nov 2012
935 posts

re: Official CryptoTalk Thread
I couldn't help but laugh when people were celebrating the creation of these hedge fund back channels, over-the-counter exchanges, etc. to help big money take over this market..

The fact that XRP continues to maintain its value while everything else drops 30-40% is telling as well

They invited the funds, banks, etc. into the market, even though those same people said their mission was to tame it



Bullfrog
LSU Fan
but I’m still leaving at halftime.
Member since Jul 2010
38853 posts

re: Official CryptoTalk Thread


Bullfrog
LSU Fan
but I’m still leaving at halftime.
Member since Jul 2010
38853 posts

re: Official CryptoTalk Thread
A very interesting read on Bitcoin in 2019, if you like to stay up to date with a great summary and a very positive conclusion.

It’s a two part report with the first part discussing the tech developments and the second the financialization side of things.

Blockchain Whispers 2019 Report.

The website itself has other areas you may want to give a browse to.


ctiger69
New Orleans Saints Fan
New Orleans Saints/Pelicans Fan
Member since May 2005
25547 posts

re: Official CryptoTalk Thread
When is Ethereum going back up so I can sell?



CE Tiger
Chicago Cubs Fan
Metairie
Member since Jan 2008
37843 posts

re: Official CryptoTalk Thread
Just put it in Chainlink


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Bullfrog
LSU Fan
but I’m still leaving at halftime.
Member since Jul 2010
38853 posts

re: Official CryptoTalk Thread
The road back up will follow bitcoin.

But they won’t necessarily moon up quickly because so many people will dump as price goes up to a level they’ll cut losses at. That will keep knocking prices back to lower levels.

Once the supply for sale at that level is exhausted, price will rise up to the next level and repeat.

So it will take a good bit of time to leave $5000, $6000 and $8000 behind as people will dump there at or slightly in front of those levels.

But over time, the lows it gets knocked back to will be higher.

So be patient or swap for an altcoin you’d rather be in. XRP, DGB, LINK, XLM, MDA, ETC, PPT or whatever.

I’d expect many lower cap coins to fail in the next few months. So many had a stockpile of ETH from their ICO that is no longer worth enough to fund continuing operations.

Good luck.


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Shankopotomus
New Orleans Saints Fan
Who Dat Shack
Member since Feb 2009
18911 posts

re: Official CryptoTalk Thread
Complete lack of real ethereum knowledge here, other than from what I have read when you see organizations like AMAZON adopting blockchain/ethereum into their ecosystems (or AWS, anyway) I think it makes it interesting...

But the open source manner of it and the fact that a company like Amazon could simply code their own version leaves me wondering does that mean serious future value OR basically nothing for the coins?

Trying to read up on it as I find it interesting, but it is definitely over my head


CE Tiger
Chicago Cubs Fan
Metairie
Member since Jan 2008
37843 posts

re: Official CryptoTalk Thread
Amazon coding their own becomes centralized. The whole point of blockchain is redundancy and decentralization. Amazon building a blockchain is equivalent to them building their own database in Microsoft Access


Shankopotomus
New Orleans Saints Fan
Who Dat Shack
Member since Feb 2009
18911 posts

re: Official CryptoTalk Thread
Right, I get that. But the press release was more about a "managed blockchain" using the frameworks of Hyperledger Fabric (?) and Ether

LINK /

Again, I know next to nothing about Ether and the implications but it seems AWS is trying to make it MORE accessible for MORE integrations of the blockchain

What I don't know, is how in the heck this affects the coins etc. That's where I am interested to watch it unfold


LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
24502 posts

re: Official CryptoTalk Thread
It is my opinion that there is a lot of money to be made down here if one is willing to find the companies that will survive


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ctiger69
New Orleans Saints Fan
New Orleans Saints/Pelicans Fan
Member since May 2005
25547 posts

re: Official CryptoTalk Thread
Ethereum is $94



Should I buy?


RATeamWannabe
Kansas Fan
Baton Rouge
Member since Sep 2009
22911 posts
 Online 

re: Official CryptoTalk Thread
No. Lot of blood still on the way.

BTC will hit 2900 at least.


tiggerthetooth
Houston Astros Fan
Big Momma's House
Member since Oct 2010
34935 posts
 Online 

re: Official CryptoTalk Thread
I hope this kills a lot of the trash coins. That still needs to happen.


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windshieldman
New Orleans Saints Fan
Member since Nov 2012
6685 posts
 Online 

re: Official CryptoTalk Thread
quote:

Ethereum is $94


I break even at $800. This is awesome

I also bought NBG at $1.35 and it went bankrupt. Then I bought EGO at $3.35 and it’s below 60 cents I believe. Sounds like I’m doing fantastic!!
This post was edited on 12/6 at 1:06 pm


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Bullfrog
LSU Fan
but I’m still leaving at halftime.
Member since Jul 2010
38853 posts

re: Official CryptoTalk Thread
quote:

Ethereum is $94 Should I buy?
I’m interested at $85-$90 if it gets in that range.

Current pricing of the larger cap coins feels like the big guys are trying to run the white trash off the golf course.
This post was edited on 12/6 at 4:14 pm


tiggerthetooth
Houston Astros Fan
Big Momma's House
Member since Oct 2010
34935 posts
 Online 

re: Official CryptoTalk Thread
quote:

Current pricing of the larger cap coins feels like the big guys are trying to run the white trash off the golf course.



Better hang on to a tree then.


Bullfrog
LSU Fan
but I’m still leaving at halftime.
Member since Jul 2010
38853 posts

re: Official CryptoTalk Thread
Yep.

Picked up a little ETH at $91, $88, $86 for an average entry at $88 ish.

Would dump at $105-$110.

We’ll see.
This post was edited on 12/6 at 7:06 pm


DreauxB2015
LSU Fan
Louisiana
Member since Nov 2015
2945 posts

re: Official CryptoTalk Thread
Not sure why , it'll be in the $60 -$70 range or lower in a week . This shite is going rock bottom . All of it .By design . Its been in slow crash all year yet some are gitty at the prices right now . Insanity. RIP crypto. Grab your life vest and accept reality . I have . We got suckered .
This post was edited on 12/6 at 7:14 pm


windshieldman
New Orleans Saints Fan
Member since Nov 2012
6685 posts
 Online 

re: Official CryptoTalk Thread
quote:

Not sure why , it'll be in the $60 -$70 range or lower in a week . This shite is going rock bottom . All of it .By design . Its been in slow crash all year yet some are gitty at the prices right now . Insanity. RIP crypto. Grab your life vest and accept reality . I have . We got suckered .


Nothing in your post says anything about ETH going back to $800. I has a sad


okietiger
Atlanta Braves Fan
Chelsea F.C. Fan
Member since Oct 2005
37793 posts

re: Official CryptoTalk Thread
RIP ETH


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