Bitcoins/Litecoins/Virtual Currencies

Caliane

Caliane

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BAT spiked. Nearing its all time high back in April. Is anyone holding BAT as an investment? actually buy some, versus free from using the browser?
I have 37 BAT on my PC, and 1.7 on my phone, from Brave browser use.

we are well into alt season. BTC and Eth did cycle again though.
I couldn't tell you if they are going to cycle though again, before a correction. Correcting down to a 3300 100 day moving average is not out of the question at all.

imho, 10k Eth is inevitable sooner then later. and 25k Eth is really what I would be looking for. Within a year even, certainly within 5.

ps, I think Rajaahs trading is out performing my, "just hold" as much as we make fun.

Shib/doge. I can't imagine either will really make much more pumps. 39-36Billion marketcaps. They could 100% at this point, and top Cardano and Tether... but even thats unlikely.
Sure as hell not going to get magic 500-1000% gains anymore, without a massive dropoff first.
you probably could put a buy order on shib for .000030 or so, for when it drops back down. then wait for it to meme again, and spike to .00008-.00012.
 
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Tmac

Tmac

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Rajaah said:
...Are you suggesting people buy Ethereum currently? It was 4400 yesterday and it's 4300 today and we seem to be approaching the end of the current cycle.

Wouldn't be super surprised to see it hit 5000 or even 6000 before this run ends, but I doubt it. I think we'll see numbers like that more around the winter spike and there'll probably be lulls before then.



I've got 2.8x what I put in overall. Not a lot for 10 months of work, but it's more than 1x.

Just haven't made fuck-all in the last couple of weeks...and MATIC has made a case for why I should probably HODL in the future once I get the things I want (BTC/ETH) at a low price. No argument there really. Waiting for that low price (or knowing it when I see it) is the tough part, but I'm guessing this current administration has a few more crypto-tanking announcements saved for a rainy day. Was a time last Spring when I thought 3k was the Eth floor, and then they found a way to get it down to 2k.
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This is why you use technicals instead of “instincts”.
 
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Rajaah

Rajaah

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Are we rich from the SHIBs yet? WRU Robinhood

If the SHIBs proceed to do nothing by the end of the alt cycle, a lot of people are gonna be awkwardly holding SHIBs between cycles.
 
Wingz

Wingz

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Rajaah said:
Are we rich from the SHIBs yet? WRU Robinhood

If the SHIBs proceed to do nothing by the end of the alt cycle, a lot of people are gonna be awkwardly holding SHIBs between cycles.
Click to expand...

Yea doing the math with SHIB just isn't realistic really.

So I went to shibburn.com and took all the burns in the last 24 hour period from the point I'm writing this.

32,019
3,704,601
3,704,601
3,704,601
30,712
3,704,601
3,704,601
3,704,601
3,704,601
3,704,601
3,704,601
3,704,601
179,537
3,704,601
3,704,601
3,704,601
3,704,601
3,000,000
595,165
286,327
100,000
100,000
679,532
1,810,000
3,704,601
3,704,601
135,043
100,000
2,850,876
950,441
100,000
67,704
3,704,601
3,704,601
1,339,584

Total of coins burned in a 24 hour period:
79,039,758

Now lets say you could do 79Million coin burns every day for the next year. 79,000,000*365

28,835,000,000 coins burns.

Now if you did that for 10 years every day you'd be at :

288,350,000,000 coins burned.

You'd need about 40 years to just burn about 1 Trillion at the current rate. There is over 500 Trillion+ coins still out there in the ether.

Without a massive / steady burn of billions of coins it's just drops in the ocean really.
 
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reavor

reavor

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yeah I don't know how tightly markey cap is tied into the price of a coin, but shib, doge etc. are already at 40 billion market cap. even doing 10x now would be amazing. so basically, unless you get into a coin with a market cap in the few millions, you're not going to 1000x seems to be the general consensus.
 
Rajaah

Rajaah

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reavor said:
yeah I don't know how tightly markey cap is tied into the price of a coin, but shib, doge etc. are already at 40 billion market cap. even doing 10x now would be amazing. so basically, unless you get into a coin with a market cap in the few millions, you're not going to 1000x seems to be the general consensus.
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Yeah, I was hoping for +50% at best with SHIB myself. So far I'm down like 15% after it sank like a rock all night (.63 now). I could see it getting to 5x what it is now under a best case scenario. It's probably gonna drop one more zero. My main concern is not bag-holding going into a lull cycle and right now that seems somewhat likely.
 
Sludig

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Rajaah said:
Yeah, I was hoping for +50% at best with SHIB myself. So far I'm down like 15% after it sank like a rock all night (.63 now). I could see it getting to 5x what it is now under a best case scenario. It's probably gonna drop one more zero. My main concern is not bag-holding going into a lull cycle and right now that seems somewhat likely.
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So you're saying i should put another $50 in.
 
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Flobee

Flobee

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This thread is pretty accurate so far as I can tell regarding what is coming monetarily. Shitcoin casinos are bread and circuses. Play if you want, but at least hold something of actual value before you get taxed to death.



 
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Rajaah

Rajaah

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The spoiler about Australia is so "what the actual fuck"

These people should be ashamed of themselves for bullying people like this with bank accounts / losing their food-buying privileges / losing their jobs etc. It's disgusting to treat people like that for the sole reason that they don't want to do something that has no effect on you whether they do it or not. It'd be like me mandating that other people have a clean room and fining them if they don't. In that situation I WOULD BE THE BAD GUY. People need a fucking reality check.
 
Flobee

Flobee

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Rajaah said:
The spoiler about Australia is so "what the actual fuck"
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Yup, that's my point. It won't stop in Australia either.

I do think I'm done trying to convince folks here about Bitcoin etc. Honestly at this point anyone who will listen has, as for the rest:

1635732025532.png


Wish ya'll the best in your crypto journey. I'll stick to posting relevant news
 
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Tmac

Tmac

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Flobee said:
Yup, that's my point. It won't stop in Australia either.

I do think I'm done trying to convince folks here about Bitcoin etc. Honestly at this point anyone who will listen has, as for the rest:

View attachment 379957

Wish ya'll the best in your crypto journey. I'll stick to posting relevant news
Click to expand...

Are you martyring yourself in a thread where everyone owns BTC? If so that’s some emo shit lol.
 
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Rajaah

Rajaah

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I like BTC, don't need to convince me of anything. I just haven't had a good entry point at any time when I had a reasonable amount of USD available. It's why I'm so concerned about not getting boxed in with SHIB if it takes a downturn while I'm holding it. I want to be ready for the next good BTC buy-in. Watched it sit at 30k for like....half the Summer while I had money in other things that were too dipped to switch. I guess I could have switched them anyway and hoped for the best but I don't generally do things that way.
 
Tmac

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Okay, everyone but Rajaah, which makes perfect sense.
 
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ToeMissile

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Rajaah said:
I like BTC, don't need to convince me of anything. I just haven't had a good entry point at any time when I had a reasonable amount of USD available. It's why I'm so concerned about not getting boxed in with SHIB if it takes a downturn while I'm holding it. I want to be ready for the next good BTC buy-in. Watched it sit at 30k for like....half the Summer while I had money in other things that were too dipped to switch. I guess I could have switched them anyway and hoped for the best but I don't generally do things that way.
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If you believe in an investment like bitcoin then there's no wrong time to buy. Throw $100 or whatever at it every month and hodl the shit out of it. Granted crypto is much more volatile than traditional investments/markets, you don't seem to have any kind of plan. No plan is perfect, they'll always need revisions, but you need to start somewhere.
 
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Big Phoenix

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Flobee said:
This thread is pretty accurate so far as I can tell regarding what is coming monetarily. Shitcoin casinos are bread and circuses. Play if you want, but at least hold something of actual value before you get taxed to death.



Click to expand...

So how would having bitcoin or some other digital currency help these Australians being stripped of everything right now?
 
Flobee

Flobee

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Big Phoenix said:
So how would having bitcoin or some other digital currency help these Australians being stripped of everything right now?
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In the very short term, not a ton. However having access to a censorship resistant monetary network in a world where governments are removing people from the financial system for wrong-think would be invaluable. Once your bank account is cancelled its going to be hard to buy into the network that, IMO, will be the alternate economy very soon. This sort of action is exactly why Bitcoin will continue to grow exponentially. We're all going to be given a choice; accept the panopticon monetary system that they will be forcing on us via the "Great Reset" (CBDCs) or flee to freedom money and try to build a parallel economy while they tear the world down to bring about their agenda


Tmac said:
Are you martyring yourself in a thread where everyone owns BTC? If so that’s some emo shit lol.
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I suppose you could put it that way if you wanted. I've put a lot of time and energy into trying to convince folks in this thread that the monetary system is being reset and (only)BTC is going to be the denominator in all financial calculations sooner rather than later. In my mind I'm standing outside the Ark shouting for everyone to get on the boat because the flood is coming. Meanwhile half the people are calling me retarded while the other half are discussing how strange it is that they can hear thunder, but the sky is clear.

Can call me what you want, I was just realizing last night that I'm done trying to convince people on here. Seeing people with ignorant takes on shitcoin long term value (trading is what it is) was giving me a genuine bad feeling IRL and its honestly not worth that for me anymore. Probably true that its a bit dramatic announcing it with a post, me getting forum bro financial anxiety isn't your problem lol.
 
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