Crypto Blowing Up

@NasterXchange · #**1475** 06-19-2022

Quote:

Originally Posted by glacier922

Smh, bitcoin looks like it's done

then my friend, you don't know bitcoin...
In fact, it's a good time to buy...
The whales are expecting massive sold off for massive buying

@NasterXchange · #**1476** 06-19-2022

Quote:

Originally Posted by SaiJin

18.8 now... where did you see bottom is 12?

Don't panic!

This bear market cycle is a cycle that we have had in the past. People always make the same mistakes because of emotionality.
I'm sure, if you study the past, you would be able to define the future.

@NasterXchange · #**1477** 06-19-2022

here some facts:

2013 ATH $1k, then low of $200 for a year.

2017 ATH $20k, then low of $3k for a year.

2021 ATH $68k, low of $20k...

Study the past, and you could define the future :-D

in BTC We TRUST

slokor · #**1478** 06-19-2022

I agree about this being a part of the cycle - although this particular cycle now coincides with an incoming recession which is something we didnt have in the previous bear portion of the cycle which could quite possible make things worse and make them last longer.
That being said I highly doubt the bottom is in. Your statement of the current low being 20k for BTC seems rather optimistic given the current financial conditions. I can see it dropping quite a bit more. The average lows were in the range of 15-20% of the relevant ATH of that particular cycle (which came WITHOUT the recessionary pressures). I can see BTC dropping all the way to the 10k-12k range. Doesnt mean it will happen but I definitely consider that as a viable scenario at the moment.

Luminary · #**1479** 06-19-2022

Quote:

Originally Posted by SaiJin

Same.... I really hope it'll crash to low 10s ...

GOsh I really wished I cashed out during ATH then reused the funds .

I'm with you on that. I wish I had cashed out at the ATH.
At least now we know what to do on the next bull run.
For now, I will slowly accumulate.

rsot · #**1480** 06-20-2022

Quote:

Originally Posted by @NasterXchange

then my friend, you don't know bitcoin...
In fact, it's a good time to buy...
The whales are expecting massive sold off for massive buying

Time to load up and cost average for future gains

**SaiJin** · #**1481** 06-20-2022

for BTC I think at the next halving which is what? less than 2 years the increase won't be as substantial, I think it'll break ATH but not as much as the last time.

yankee · #**1482** 06-21-2022

Quote:

Originally Posted by SaiJin

for BTC I think at the next halving which is what? less than 2 years the increase won't be as substantial, I think it'll break ATH but not as much as the last time.

We need those pump and dump scams. I think it will follow a year or so after the halving like the last two times. Then you have to wait close to a decade. That is when it should be life changing! Lets hope they have solid well adapted utility by then. CBDC might hurt BTC. Or it will blow it up. That is about the same time as the next halving unless we have a depression before then.

**SaiJin** · #**1483** 06-22-2022

Quote:

Originally Posted by yankee

We need those pump and dump scams. I think it will follow a year or so after the halving like the last two times. Then you have to wait close to a decade. That is when it should be life changing! Lets hope they have solid well adapted utility by then. CBDC might hurt BTC. Or it will blow it up. That is about the same time as the next halving unless we have a depression before then.

pump and dump scams you mean what the whales are doing to create fear and what not?

yankee · #**1484** 06-22-2022

Quote:

Originally Posted by SaiJin

pump and dump scams you mean what the whales are doing to create fear and what not?

I mean when They promote it, then average financially ignorant consumers buy because it is going up, then they sell off at massive profits while taking money out from the common folks. Last year, Elon Musk is one of many examples.

slokor · #**1485** 06-22-2022

God how I loathe Elon Musk...
When your own daughter changes her sex and name and states she wants nothing to do with you or your money it clearly shows the type of human being you are. Not that it was necessary considering all the narcissistic and fascist bordering behavior he exhibits on an ongoing basis.
How the S E C is not investigating him for multiple instances of market manipulation is beyond me...

yankee · #**1486** 06-22-2022

Quote:

Originally Posted by slokor

God how I loathe Elon Musk...
When your own daughter changes her sex and name and states she wants nothing to do with you or your money it clearly shows the type of human being you are. Not that it was necessary considering all the narcissistic and fascist bordering behavior he exhibits on an ongoing basis.
How the S E C is not investigating him for multiple instances of market manipulation is beyond me...

He is getting sued over Doge. He will win because he never told anyone to buy anything.

slokor · #**1487** 06-22-2022

Well he kinda did but not in so many words...
Elon Musk... blech... Despise that piece of human trash.

**SaiJin** · #**1488** 06-25-2022

where do you guys think ETH will be in a decade?

nate · #**1489** 06-27-2022

Quote:

Originally Posted by SaiJin

where do you guys think ETH will be in a decade?

I personally think ETH has more utility than Bitcoin, but you might already know what I think. All depends if Dev's can pull off the Merge or not and if some layer-2 that everyone can agree on can make transactions cheap, secure, and fast AF.

I over shot my price target by $200... not that would have changed anything tho.... But my plan was to start selling @ $5K but we only made it to 4.8

I ended up walking away taking $36k in fiat by selling 9 ETH that I paid off a auto loan with which covered my original investment, and still have 75 ETH left to ride with next cycle.

**SaiJin** · #**1490** 06-28-2022

Quote:

Originally Posted by nate

I personally think ETH has more utility than Bitcoin, but you might already know what I think. All depends if Dev's can pull off the Merge or not and if some layer-2 that everyone can agree on can make transactions cheap, secure, and fast AF.

I over shot my price target by $200... not that would have changed anything tho.... But my plan was to start selling @ $5K but we only made it to 4.8

I ended up walking away taking $36k in fiat by selling 9 ETH that I paid off a auto loan with which covered my original investment, and still have 75 ETH left to ride with next cycle.

What does "more utility" mean when you say it. ?

I'm considering getting either ETH or BTC when the prices go down even more.

AMZlevelup · #**1491** 06-28-2022

Quote:

Originally Posted by SaiJin

where do you guys think ETH will be in a decade?

$180 to $220

**SaiJin** · #**1492** 06-30-2022

Quote:

Originally Posted by AMZlevelup

$180 to $220

And why is that?

**ilcarletto** · #**1493** 06-30-2022

Quote:

Originally Posted by SaiJin

And why is that?

because this is what crypto fans wishes

LOL

**SaiJin** · #**1494** 06-30-2022

Quote:

Originally Posted by ilcarletto

because this is what crypto fans wishes

LOL

in 10 years?? I want that price NOW.

Luminary · #**1495** 06-30-2022

Btc below 20k. Let's see how it holds up this weekend.

AMZlevelup · #**1496** 07-01-2022

Quote:

Originally Posted by SaiJin

And why is that?

Its over 14 years in since crypto was invented and no one has found a single use case for it in all that time (apart from money laundering and scams).

Will go the way of every other bubble ever in history.