Crypto Blowing Up

[SaiJin]

yea? sell at 45? What if it doesn't come back down? =)

Don't sell, keep hodl

[rsot]

Originally Posted by SaiJin

yea? sell at 45? What if it doesn't come back down? =)

Don't sell, keep hodl

Agreed - go long

[aspkin]

I don't know... maybe the excitement of crypto is dying a little. I must admit it lasted a lot longer than I predicted several months ago. Maybe we'll see 20k? Especially with so many countries talking about increased regulations and banning of crypto.

[james_112233]

Originally Posted by aspkin

I don't know... maybe the excitement of crypto is dying a little. I must admit it lasted a lot longer than I predicted several months ago. Maybe we'll see 20k? Especially with so many countries talking about increased regulations and banning of crypto.

There is a lot of fear uncertainty and doubt out there ...

Talking about increased regulations is just that ... talk.

How long will it take to actually implement half the things they say ? especially now that the world is slowly coming out of covid and catching up on so many other things.

We will definitely see a all time high once again this year, may be next year at the very least before any fundamentals / sentiments really change.

I'm 75% in crypto. If the price continues to drop i'm buying another 10%.

[SaiJin]

Originally Posted by aspkin

I don't know... maybe the excitement of crypto is dying a little. I must admit it lasted a lot longer than I predicted several months ago. Maybe we'll see 20k? Especially with so many countries talking about increased regulations and banning of crypto.

I think it's a combination of many things.

Excitement, government regulation FUD, Whale manipulation FUD.

In the end I believe it'll go up even more this year and in 2 years a lot more after the next halving.

[ebaywanton]

That 4CHAN insider cam out again and said tomorrow is a huge day (for good reasons). Maybe they will pump the price so the weekly candle closes above the 20Week MA?

Take it with a grain of salt obviously. All of these 4chan posts seem credible but also bull**** at the same time...

[james_112233]

elon also says he supports crypto again ... lol

I feel sorry for everyone that caved in to fear and sold at a 50% loss after buying at the top.

[slokor]

Originally Posted by james_112233

elon also says he supports crypto again ... lol

I feel sorry for everyone that caved in to fear and sold at a 50% loss after buying at the top.

I dont feel sorry for stupid people...

[quest]

It was another big hype, and I hope the last one.
Somebody lost great opportunity to sell at peak

[aspkin]

Weekends seem to be the low days. It seems normal. However the overall trend seems to be down from the peaks just a few weeks back. The excitement is lowering as regulations increase it seems. It will eventually hit a new support level and hold steady for awhile.

[SaiJin]

Honestly I hope it falls to 20K or even below either this week or a month from now.

[rsot]

Originally Posted by SaiJin

Honestly I hope it falls to 20K or even below either this week or a month from now.

Make sure funds are to go heavy if it does?

[agent006140]

selling begets more selling,there could be a DEAD CAT BOUNCE next week.
TSLA would be down too,as it holds 1 1/2 billions worth of Bitcoins and then there is MSTR

I wonder when will crypto holders wake up and realise the emperor has no clothes,where are the assets backing these coins,even safe coins?even the central government?
may be even gold.
what if I insist on exchanging my chicken for your aspirin and skip the middle man-the so called medium of exchange.

Originally Posted by slokor

Always has to be one nay-sayer...
Whats backing up fiat money? the US dollar thats currently being printed in record amounts?
Give me a break. If you dont get the fundamentals of cryptocurrency and economics in general (the basic rules of demand and supply come to mind) then stay away from this type of investment.

GIVE ME A BREAK,IF YOU DONT UNDERSTAND WHY PEOPLE ShUN CURRENCY BACKED BY THIN AIR,OR WORSE ELECTRICITY AND A STRING OF LETTERS AND NUMBERS !!!!!!!!!!!!!!!!!!!!!!!!!
TRUTH OF PUDDING IS IN THE EATING,WE SHALL REVISIT THIS THREAD COME OCTOBER.
Why do you think Elon Musk changed his mind and would not accept bitcoin for his EVs?
Think think think.

WHO BACK UP FIAT CURRENCY,YOU SHOULD ASK YOURSELF WHO EMBRACE FIAT CURRENCY,OPEN YOUR WALLET AND TAKE A LOOK.
OPEN YOUR REFRIGERATOR AND TAKE A LOOK.
oPEN YOUR CHECK BOOK AND TAKE A LOOK.
Open you mail box and look at the bills you have to pay,did you pay with Bitcoin???
answer me,smart ass !!!!!!!!!!

They just recovered the payment made to hackers by Colonial Pipeline,and they are not going to tell us how they did it
they=US government
SO IT IS TRACEABLE !!!!!!!!!!!

Does Russia have capital punishment?

You wont have to compete with the hackers if the ransom payment in crypto can be traced !!!!!!!!!!!!!!!!

Originally Posted by slokor

Im not.
This was a healthy correction.
We've seen all of this before.

a healthy correction will take it down to low 20s.

Originally Posted by slokor

LOL!
Been having this kinda of absurd argumant since BTC was worth sub $1k.
Look at it now.
Why so angry little boy? Not everybody has to agree with your nonsense.
Just relax. You do you and the rest of us will profit off crypto

little boy,if you have a healthy gain ,better cash it and enjoy the purchasing power of fiat currency,LEARN !!
Some have used it to pay off their mortgage,student loan,consumer loan and even buy properties-farm land,apts ,condos.
trump condos are on sale every where !!!!!!!!!!

https://www.foxbusiness.com/technolo...e-paid-hackers

Originally Posted by slokor

And ill be using my holdings to retire once it hits 6 figures.
Im sorry but youre relatively new here so you havnt seen all the talk about crypto that started before you ever joined the forum.
I rode this train in 2017 up to 20k and then back down to 3k and never flinched. You think that now that its in the 30's Im going to complain about it?
The upwards trajectory here is clear and youd need to be blind not to see it.
So again - let go of your anger and do whatever YOU want to do. As for me - ill be hodling on till it reaches 6 figures. I used to think that would take until 2025 but looks like itll get there way sooner than that.

Some of us have already reached 7 figures ,not with aqweoodhkkl&jswbns$,0126vz/+%@vx"

[SaiJin]

I think it's time to focus on ethereum

[GreenBean]

ETH is my play money.

BTC is giving me ulcers.

[slokor]

Originally Posted by agent006140

I wonder when will crypto holders wake up and realise the emperor has no clothes,where are the assets backing these coins,even safe coins?even the central government?
may be even gold.
what if I insist on exchanging my chicken for your aspirin and skip the middle man-the so called medium of exchange.

Always has to be one nay-sayer...
Whats backing up fiat money? the US dollar thats currently being printed in record amounts?
Give me a break. If you dont get the fundamentals of cryptocurrency and economics in general (the basic rules of demand and supply come to mind) then stay away from this type of investment.

[james_112233]

It's going to keep going sideways for the rest of summer until it explodes in price again. Retail investors have a few paydays to buy the dip.

[slokor]

Originally Posted by agent006140

GIVE ME A BREAK,IF YOU DONT UNDERSTAND WHY PEOPLE ShUN CURRENCY BACKED BY THIN AIR,OR WORSE ELECTRICITY AND A STRING OF LETTERS AND NUMBERS !!!!!!!!!!!!!!!!!!!!!!!!!
TRUTH OF PUDDING IS IN THE EATING,WE SHALL REVISIT THIS THREAD COME OCTOBER.
Why do you think Elon Musk changed his mind and would not accept bitcoin for his EVs?
Think think think.

LOL!
Been having this kinda of absurd argumant since BTC was worth sub $1k.
Look at it now.
Why so angry little boy? Not everybody has to agree with your nonsense.
Just relax. You do you and the rest of us will profit off crypto

[SaiJin]

Nothing can go in the upwards most the time, there has to be a balance.

I honestly thought we had a really good run and was wondering when a real crash will happen. And I hope it still happens.... a worse one.

[GreenBean]

Originally Posted by SaiJin

And I hope it still happens.... a worse one.

If it suits your agenda,OK. Others might have different concerns.

[SaiJin]

Originally Posted by GreenBean

If it suits your agenda,OK. Others might have different concerns.

Everyone is fearful now...

[slokor]

Im not.
This was a healthy correction.
We've seen all of this before.