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Link Posted: 2/22/2021 10:43:16 PM EST
[Last Edit: 2/22/2021 10:45:02 PM EST by Bale2011]
All coins are tanking again. Anyone who missed a buy opportunity, might be your best chance.

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Link Posted: 2/22/2021 10:51:30 PM EST
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Originally Posted By Default-Gateway:

The US market for bitcoin is relative small in comparison to China, Japan, Korea and Russia.  It would be merely a blip on the radar.
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Originally Posted By Default-Gateway:
Originally Posted By blownfour:



They can try, and it may do irreparable damage to Bitcoin itself, but that would just prove the point of defi. Something would pop up in its place, this genie isn’t going back in the bottle without worldwide sweeping crackdowns the like we have never seen before.  Any nation where Bitcoin is “banned” people still purchase it only they are doing so at a premium.

The US market for bitcoin is relative small in comparison to China, Japan, Korea and Russia.  It would be merely a blip on the radar.


Really those countries are using bitcoin significantly more than us ?
Link Posted: 2/22/2021 11:00:50 PM EST
[Last Edit: 2/22/2021 11:02:42 PM EST by Default-Gateway]
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Originally Posted By wyomingnick:


Really those countries are using bitcoin significantly more than us ?
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Originally Posted By wyomingnick:
Originally Posted By Default-Gateway:
Originally Posted By blownfour:



They can try, and it may do irreparable damage to Bitcoin itself, but that would just prove the point of defi. Something would pop up in its place, this genie isn’t going back in the bottle without worldwide sweeping crackdowns the like we have never seen before.  Any nation where Bitcoin is “banned” people still purchase it only they are doing so at a premium.

The US market for bitcoin is relative small in comparison to China, Japan, Korea and Russia.  It would be merely a blip on the radar.


Really those countries are using bitcoin significantly more than us ?

Here's a hint.  The largest exchange in the world is not in the US. The real Binance makes CB look like the kiddie pool.
Link Posted: 2/22/2021 11:03:04 PM EST
[Last Edit: 2/22/2021 11:07:41 PM EST by Jagrmaister]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By wyomingnick:


Really those countries are using bitcoin significantly more than us ?
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Originally Posted By wyomingnick:
Originally Posted By Default-Gateway:
Originally Posted By blownfour:



They can try, and it may do irreparable damage to Bitcoin itself, but that would just prove the point of defi. Something would pop up in its place, this genie isn’t going back in the bottle without worldwide sweeping crackdowns the like we have never seen before.  Any nation where Bitcoin is “banned” people still purchase it only they are doing so at a premium.

The US market for bitcoin is relative small in comparison to China, Japan, Korea and Russia.  It would be merely a blip on the radar.


Really those countries are using bitcoin significantly more than us ?


As of last Sept...



Source
Link Posted: 2/22/2021 11:36:03 PM EST
Just bought 1,000 XLM.
Link Posted: 2/22/2021 11:49:46 PM EST
Link Posted: 2/22/2021 11:58:58 PM EST
made additional buys on the 2nd dip.  now 50% BTC and 50% ETH/LTC.

all the cheap coins seem like penny stocks.  is there any practical way to assess those, or are people just throwing darts?
Link Posted: 2/23/2021 12:00:50 AM EST
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Originally Posted By sirensong:
made additional buys on the 2nd dip.  now 50% BTC and 50% ETH/LTC.

all the cheap coins seem like penny stocks.  is there any practical way to assess those, or are people just throwing darts?
View Quote


They are LOTTERY TICKETS.  Good luck.  At least ETH and LTC have somewhat validated themselves as having staying power in the space moving forward...Somewhat...
Link Posted: 2/23/2021 1:00:51 AM EST
Link Posted: 2/23/2021 5:01:59 AM EST
Fire sale prices.

Would you guys buy more ETH or ADA? And why?
Link Posted: 2/23/2021 5:32:08 AM EST
How low can it go...

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Link Posted: 2/23/2021 5:35:24 AM EST
I'm down 5k
Link Posted: 2/23/2021 5:51:40 AM EST
[Last Edit: 2/23/2021 5:57:15 AM EST by governmentman]
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Originally Posted By sirensong:
made additional buys on the 2nd dip.  now 50% BTC and 50% ETH/LTC.

all the cheap coins seem like penny stocks.  is there any practical way to assess those, or are people just throwing darts?
View Quote


Look at the tech. BTC and LTC are dinosaurs that can't do much more than exist.

Eth is a functioning second generation project with significant smart contract capabilities, it can do far more. At the same time it is flawed compared to smart contract platforms built after it. They're trying really hard to catch up, and might succeed.

Later smart contract platforms like Cardano, Tezos, and Eos actually have potential for real use as something other than a speculative investment.

I went all in on Tezos, and is till think it is extremely promising. I do wish I had diversified. Let me go back a few years and I would have been 1/3rd Tezos, 1/3rd Cardano sand Eth, and 1/3rd BTC

Stay away from LTC. Its just an ancient bitcoin clone that was set up with shorter blocks. It isn't being improved. It's never going to go break out on its own. It's own founder sold off everything. At best it hangs in for a while and shadows the market due to overall crypto hype.
Link Posted: 2/23/2021 5:55:34 AM EST
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Originally Posted By governmentman:


Look at the tech. BTC and LTC are dinosaurs that can't do much more than exist.

Eth is a functioning second generation project with significant smart contract capabilities, it can do far more. At the same time it is flawed compared to smart contract platforms built after it. They're trying really hard to catch up, and might succeed.

Later smart contract platforms like Cardano, Tezos, and Eos actually have potential for real use as something other than a speculative investment.

I went all in on Tezos, and is till think it is extremely promising. I do wish I had diversified. Let me go back a few years and I would have been 1/3rd Tezos, 1/3rd Cardano sand Eth, and 1/3rd BTC
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Originally Posted By governmentman:
Originally Posted By sirensong:
made additional buys on the 2nd dip.  now 50% BTC and 50% ETH/LTC.

all the cheap coins seem like penny stocks.  is there any practical way to assess those, or are people just throwing darts?


Look at the tech. BTC and LTC are dinosaurs that can't do much more than exist.

Eth is a functioning second generation project with significant smart contract capabilities, it can do far more. At the same time it is flawed compared to smart contract platforms built after it. They're trying really hard to catch up, and might succeed.

Later smart contract platforms like Cardano, Tezos, and Eos actually have potential for real use as something other than a speculative investment.

I went all in on Tezos, and is till think it is extremely promising. I do wish I had diversified. Let me go back a few years and I would have been 1/3rd Tezos, 1/3rd Cardano sand Eth, and 1/3rd BTC


Yeah, that was what I was thinking. ETH might be good now for growing your money, but until 2.0 you’re still paying a TON in gas. ADA is already there.
Link Posted: 2/23/2021 5:58:13 AM EST
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Originally Posted By RX-78-2:


Yeah, that was what I was thinking. ETH might be good now for growing your money, but until 2.0 you’re still paying a TON in gas. ADA is already there.
View Quote


And Tezos is ahead of ADA, but lacking the recognition and partners.
Link Posted: 2/23/2021 7:07:06 AM EST
BTC was just at $46k
ETh dropped below $1400.
Link Posted: 2/23/2021 7:20:55 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.
View Quote

That's it, crypto is dead.  I'm selling everything!
Link Posted: 2/23/2021 7:23:27 AM EST
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Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.
View Quote


Well hopefully my ETH limit buy hit.
Link Posted: 2/23/2021 7:31:54 AM EST
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Originally Posted By Default-Gateway:

That's it, crypto is dead.  I'm selling everything!
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Originally Posted By Default-Gateway:
Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.

That's it, crypto is dead.  I'm selling everything!


It’s gonna drop to zero anytime now
Link Posted: 2/23/2021 7:46:11 AM EST
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Originally Posted By RX-78-2:


It’s gonna drop to zero anytime now
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Originally Posted By RX-78-2:
Originally Posted By Default-Gateway:
Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.

That's it, crypto is dead.  I'm selling everything!


It’s gonna drop to zero anytime now

I'd be happy with some more of that $5k BTC again from 11 months ago.
Link Posted: 2/23/2021 7:55:20 AM EST
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Originally Posted By laxman09:


Well hopefully my ETH limit buy hit.
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Mine hit at $1450.

Long term here so no worries.
Link Posted: 2/23/2021 7:59:26 AM EST
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Originally Posted By swampvol:


Mine hit at $1450.

Long term here so no worries.
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I set mine at $1400. Looks like it should have since it went down to $137x. My ADA limit buy @ $0.87 should have hit, too.
Link Posted: 2/23/2021 8:01:32 AM EST
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Originally Posted By laxman09:


I set mine at $1400. Looks like it should have since it went down to $137x. My ADA limit buy @ $0.87 should have hit, too.
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Originally Posted By laxman09:
Originally Posted By swampvol:


Mine hit at $1450.

Long term here so no worries.


I set mine at $1400. Looks like it should have since it went down to $137x. My ADA limit buy @ $0.87 should have hit, too.

$1350 FTW.  Glad I was up that early.
Link Posted: 2/23/2021 8:02:02 AM EST
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Originally Posted By Default-Gateway:

That's it, crypto is dead.  I'm selling everything!
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Originally Posted By Default-Gateway:
Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.

That's it, crypto is dead.  I'm selling everything!


Just making people aware it's a buying opportunity.
Link Posted: 2/23/2021 8:03:49 AM EST
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Originally Posted By WrightP:


Just making people aware it's a buying opportunity.
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Originally Posted By WrightP:
Originally Posted By Default-Gateway:
Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.

That's it, crypto is dead.  I'm selling everything!


Just making people aware it's a buying opportunity.

I know, just being sarcastic, relax Francis.  
Link Posted: 2/23/2021 8:22:11 AM EST
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Originally Posted By swampvol:


Mine hit at $1450.

Long term here so no worries.
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Originally Posted By swampvol:
Originally Posted By laxman09:


Well hopefully my ETH limit buy hit.


Mine hit at $1450.

Long term here so no worries.


Same here. Buy the dip, average down, HODL long term.
Link Posted: 2/23/2021 8:30:03 AM EST
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Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.
View Quote


Made it into both. Long hold !
Link Posted: 2/23/2021 8:37:33 AM EST
Is Powell's testimony expected to influence today's direction one way or another?
Link Posted: 2/23/2021 8:46:19 AM EST
Fucking Tezos market cap score has been dropping like a rock.
Link Posted: 2/23/2021 9:02:22 AM EST
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Originally Posted By RX-78-2:


Yeah, that was what I was thinking. ETH might be good now for growing your money, but until 2.0 you’re still paying a TON in gas. ADA is already there.
View Quote


I've seen this term a lot, but am not sure what it means.
Link Posted: 2/23/2021 9:05:05 AM EST
[Last Edit: 2/23/2021 9:11:11 AM EST by governmentman]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By sirensong:


I've seen this term a lot, but am not sure what it means.
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Originally Posted By sirensong:
Originally Posted By RX-78-2:


Yeah, that was what I was thinking. ETH might be good now for growing your money, but until 2.0 you’re still paying a TON in gas. ADA is already there.


I've seen this term a lot, but am not sure what it means.


think transaction fee. For all currencies the fee scales with network usage. A low capacity network with high usage will have high fees.

Most of the networks with really high transaction capacities are rather centralized (Ripple, Eos) which comes with its own suite of concerns
Link Posted: 2/23/2021 9:05:31 AM EST
Got some ETH at $1425.  Was over $2000 just a few days ago so I'll take it.
Link Posted: 2/23/2021 9:11:39 AM EST
Other than Bitcoin  (GBTC) are there any other stock symbols to buy crypto in the stock market?
I like the gains to be tax free in a Roth
Link Posted: 2/23/2021 9:14:54 AM EST
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Originally Posted By sirensong:


I've seen this term a lot, but am not sure what it means.
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The cost to send on Eth chain. Basically transaction fees.
Link Posted: 2/23/2021 9:15:17 AM EST
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Originally Posted By colt_thompson:
Other than Bitcoin  (GBTC) are there any other stock symbols to buy crypto in the stock market?
I like the gains to be tax free in a Roth
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BLOK    Not necessarily BTC but crypto in general.
Link Posted: 2/23/2021 9:19:53 AM EST
[Last Edit: 2/23/2021 9:21:43 AM EST by woodsie]
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Originally Posted By Default-Gateway:

I'd be happy with some more of that $5k BTC again from 11 months ago.
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Originally Posted By Default-Gateway:
Originally Posted By RX-78-2:
Originally Posted By Default-Gateway:
Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.

That's it, crypto is dead.  I'm selling everything!


It’s gonna drop to zero anytime now

I'd be happy with some more of that $5k BTC again from 11 months ago.


If Bitcoin hit $5k again, it'd represent a paradigm shift and probably not a good one.  

There are certain things that Bitcoin has never done and one of them is dropping below the ATH from the prior bubble coming out of the following bubble.

The prior ATH in our current situation is about $20k.  If we fell below that, it would be unprecedented.  The next big barrier is the boundary established by a regression line of non-bubble data going back to the very beginning.  I'd have to check to see roughly where that is today but I'm confident that it's higher than $5k now as it was in the $3k-$4k range 11 months ago.

These are things we don't want to see barring some unrelated black swan event like the March COVID collapse which doesn't fundamentally threaten the protocol but nonetheless temporarily crashes the price.  Anything else is fine.




Link Posted: 2/23/2021 9:31:41 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By VooDoo3dfx:
Fucking Tezos market cap score has been dropping like a rock.
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I follow a lot of crypto communities.

Arfcom is the only place where I see Tezos mentioned with any regularity. Not much discussion or attention elsewhere at all.

I know Tezos was shilled here a couple years ago and some bought in, but what's the huge attraction to it?
Link Posted: 2/23/2021 9:33:55 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By colt_thompson:
Other than Bitcoin  (GBTC) are there any other stock symbols to buy crypto in the stock market?
I like the gains to be tax free in a Roth
View Quote



RIOT. Another one of my great stock trades. Bought back in 2017 in the single digits and sold for a small profit on the way down. It's trading over 50 bucks now.
Link Posted: 2/23/2021 9:40:31 AM EST
[Last Edit: 2/23/2021 11:24:11 AM EST by thirsty]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RX-78-2:


Yeah, that was what I was thinking. ETH might be good now for growing your money, but until 2.0 you’re still paying a TON in gas. ADA is already there.
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Originally Posted By RX-78-2:
Originally Posted By governmentman:
Originally Posted By sirensong:
made additional buys on the 2nd dip.  now 50% BTC and 50% ETH/LTC.

all the cheap coins seem like penny stocks.  is there any practical way to assess those, or are people just throwing darts?


Look at the tech. BTC and LTC are dinosaurs that can't do much more than exist.

Eth is a functioning second generation project with significant smart contract capabilities, it can do far more. At the same time it is flawed compared to smart contract platforms built after it. They're trying really hard to catch up, and might succeed.

Later smart contract platforms like Cardano, Tezos, and Eos actually have potential for real use as something other than a speculative investment.

I went all in on Tezos, and is till think it is extremely promising. I do wish I had diversified. Let me go back a few years and I would have been 1/3rd Tezos, 1/3rd Cardano sand Eth, and 1/3rd BTC


Yeah, that was what I was thinking. ETH might be good now for growing your money, but until 2.0 you’re still paying a TON in gas. ADA is already there.

One of the things I can’t wrap my head around- is 2.0 going to be a separate coin or an “upgrade” for existing ETH?

ETA upgrade. Cool stuff.
Link Posted: 2/23/2021 9:44:46 AM EST
I regret my Tezos and ALGO buys last week.
Link Posted: 2/23/2021 11:04:24 AM EST
Link Posted: 2/23/2021 11:06:18 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Rat_Patrol:
Both my Eth and Btc limits were hit last night.

$1600 for ETH and 47650 for BTC


View Quote

Where or what software are you using to do that?  Is it automatically buying or selling per the orders you set?
Link Posted: 2/23/2021 11:18:49 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By WrightP:
BTC was just at $46k
ETh dropped below $1400.
View Quote


Great news, some of my limit buy orders were triggered
Link Posted: 2/23/2021 11:20:28 AM EST
[Last Edit: 2/23/2021 11:21:06 AM EST by CSeaBass]
Just read an article about Bill gates advising people to use caution with bitcoin...

Just bought more btc and eth.
Link Posted: 2/23/2021 11:23:04 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CSeaBass:
Just read an article about Bill gates advising people to use caution with bitcoin...

Just bought more btc and eth.
View Quote


I bet these clowns are laughing their ass off as the buy it up on the cheap when only a few days ago it was over $58k.
Link Posted: 2/23/2021 11:28:45 AM EST
Well that ETH buy at $1700 yesterday kinda sucked. But I know it will be back soon.
Link Posted: 2/23/2021 11:46:53 AM EST
Link Posted: 2/23/2021 11:50:45 AM EST
[Last Edit: 2/23/2021 11:51:20 AM EST by Default-Gateway]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By laxman09:


I bet these clowns are laughing their ass off as the buy it up on the cheap when only a few days ago it was over $58k.
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Originally Posted By laxman09:
Originally Posted By CSeaBass:
Just read an article about Bill gates advising people to use caution with bitcoin...

Just bought more btc and eth.


I bet these clowns are laughing their ass off as the buy it up on the cheap when only a few days ago it was over $58k.

FBG
His whole enterprise started off from a stolen OS.
Link Posted: 2/23/2021 1:17:28 PM EST
Bit of a bloodbath over night I see.

Link Posted: 2/23/2021 1:49:59 PM EST
i need to develop a strategy and budget.  every time i see red, the buy urge kicks in.  this is unsustainable!

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