Cryptocurrency

[Frozenbeernuts 2,114]

35 minutes ago, Cdub100 said:

Nope terrible totally a ponzi.

Yep. BlackRock got scammed.

[edjr 6,578]

 

[Frozenbeernuts 2,114]

3 hours ago, edjr said:

 

I wonder if a nation state trading their forever failing currency for bitcoin is bullish.... for bitcoin  

[edjr 6,578]

Sell Sell Sell!

[Frozenbeernuts 2,114]

Wef made a pro bitcoin video. Ok now I'm concerned

 

https://twitter.com/DocumentingBTC/status/1763932959290147012?s=19

[Frozenbeernuts 2,114]

Pawswap is building partnerships behind the scenes. A top 10 exchange is interested in using it for their base layer to swap between coin layers.

The same marketing team that drove Shib to a $100b valuation, with zero use case, is behind pawswap. Paw is actually working great from what I'm hearing about the beta.

They will not be spending on marketing until the beta is finished. The team does not want this to be a pump and dump. They want healthy growth.

I'm telling you, this is a coin you are going to wish you added to your list of lottery tickets. It's still unlisted. My absolute minimum expectation is 100x, and that will be a disappointment imo. 

[Cdub100 3,835]

2 hours ago, Frozenbeernuts said:

Pawswap is building partnerships behind the scenes. A top 10 exchange is interested in using it for their base layer to swap between coin layers.

The same marketing team that drove Shib to a $100b valuation, with zero use case, is behind pawswap. Paw is actually working great from what I'm hearing about the beta.

They will not be spending on marketing until the beta is finished. The team does not want this to be a pump and dump. They want healthy growth.

I'm telling you, this is a coin you are going to wish you added to your list of lottery tickets. It's still unlisted. My absolute minimum expectation is 100x, and that will be a disappointment imo. 

What's the marketing plan? Meme coins don't need a use case. The more worthless the better. What a meme coin needs is community. 

I see it on Shibaswap is there a better place to buy it?

[Frozenbeernuts 2,114]

1 hour ago, Cdub100 said:

What's the marketing plan? Meme coins don't need a use case. The more worthless the better. What a meme coin needs is community. 

I see it on Shibaswap is there a better place to buy it?

That's where I buy it.

This isn't a typical meme coin. They have apparently figured out how to swap between different coins on their native layer. No need to use wrapped ethereum or to build on their platform. This is the only reason I'm so bullish on it. It had an actual use case. It's in beta right now.

My buddy who is tied in pretty deep with the devs thinks this is going to revolutionize crypto. $100B market cap seems completely doable.

[Frozenbeernuts 2,114]

Friday doubled the previous trading volume record for bitcoin etfs. The price was completely static for two days however. That's because over $1 billion flowed out of Grayscale.

It's so obvious that Grayscale was set up to bleed coins to BlackRock at a cheaper price. Grayscale had such a massive lead on bitcoin. Their trust held 600k. One would think that holding onto them would be the biggest concern. Yet their fees were 6x that of competitors?

[Cdub100 3,835]

I started accumulating 500k tfuel so I could upgrade my elite edge node. But that $20k investment is now $46k. 

I love the bull but damn do they make it hard sometimes. 

[jonmx 2,424]

$65k.....the market is rising today..70k will be breached early this week.  

SHIB and DOGE have been super hot.  Meme coins might have a good run for a bit.  For some applications being popular might be more important than being good. 

[Cdub100 3,835]

3 hours ago, jonmx said:

$65k.....the market is rising today..70k will be breached early this week.  

SHIB and DOGE have been super hot.  Meme coins might have a good run for a bit.  For some applications being popular might be more important than being good. 

I threw some degen plays out there. 10x Bonk, SOL, and Theta. 20x Bitcoin.

[Frozenbeernuts 2,114]

1 hour ago, Cdub100 said:

I threw some degen plays out there. 10x Bonk, SOL, and Theta. 20x Bitcoin.

Where do you get leverage from?

[Cdub100 3,835]

18 minutes ago, Frozenbeernuts said:

Where do you get leverage from?

mexc

 

[Frozenbeernuts 2,114]

IBIT hits average trading volume in first hour today. I wonder if this is bullish for bitcoin  

[Alias Detective 1,389]

Make hay while the sun is shining.  I see visions of the dot com bubble.  I lost a shitload of money during that period.

[Cdub100 3,835]

26 minutes ago, Alias Detective said:

Make hay while the sun is shining.  I see visions of the dot com bubble.  I lost a shitload of money during that period.

Anyone who's been around will tell you the bubble pops every 3.5/4 years. It's nothing new.

 

[Alias Detective 1,389]

29 minutes ago, Cdub100 said:

Anyone who's been around will tell you the bubble pops every 3.5/4 years. It's nothing new.

 

So what do you do about it?  Sell high then buy low or ride the wave?

 I rode a wave down to zero so my experience tells me to make hay while the sun shine cause a cloudy day will come. 

[Frozenbeernuts 2,114]

 

[Cdub100 3,835]

2 minutes ago, Alias Detective said:

So what do you do about it?  Sell high then buy low or ride the wave?

 I rode a wave down to zero so my experience tells me to make hay while the sun shine cause a cloudy day will come. 

Not sure what you road all the way to zero, but yes you buy during the bear and then sell during the bull.

I rode the market down last cycle and held. I plan to take profits later this year.

[Frozenbeernuts 2,114]

2 minutes ago, Alias Detective said:

So what do you do about it?  Sell high then buy low or ride the wave?

 I rode a wave down to zero so my experience tells me to make hay while the sun shine cause a cloudy day will come. 

Look at the bitcoin chart from inception. The single most bullish chart. If you look at that and think that is the makings of a bubble, then you need to do more research.

[Frozenbeernuts 2,114]

Nocoiner tears will be extra salty this cycle. Almost everyone who doesn't have bitcoin will have purposely sat out for multiple cycles. They will be fking pissed.

Just buy like $100 worth of bitcoin to lessen the self loathing.

[Frozenbeernuts 2,114]

Gold is actually making a move up. I think all of this signal is indicative of fiat currency being in big trouble. I'm not saying everything goes up in a few months, but why are hard assets and speculative assets all going up right now?

[Alias Detective 1,389]

52 minutes ago, Cdub100 said:

Not sure what you road all the way to zero, but yes you buy during the bear and then sell during the bull.

I rode the market down last cycle and held. I plan to take profits later this year.

Lucent Technologies

[Alias Detective 1,389]

51 minutes ago, Frozenbeernuts said:

Look at the bitcoin chart from inception. The single most bullish chart. If you look at that and think that is the makings of a bubble, then you need to do more research.

Ok greenhorn

[Alias Detective 1,389]

55 minutes ago, Cdub100 said:

Not sure what you road all the way to zero, but yes you buy during the bear and then sell during the bull.

I rode the market down last cycle and held. I plan to take profits later this year.

I hope they are there to take later this year. 

[Cdub100 3,835]

1 hour ago, Alias Detective said:

I hope they are there to take later this year. 

Me too. I will DCA out just like I DCA in. I'm not sure when I'm going to start but I'm targeting October.

[Frozenbeernuts 2,114]

2 hours ago, Alias Detective said:

Ok greenhorn

I mean, you are the one who let a 2008 obviously overheated stock market ruin your chance of making money on the most bullish chart we have ever seen before. Go look at that chart again. Even when bitcoin drops dramatically, because it will, it's going to bounce back for the next cycle. You aren't understanding that a fixed supply commodity isn't the same as anything else we have ever seen.

[Alias Detective 1,389]

16 minutes ago, Frozenbeernuts said:

I mean, you are the one who let a 2008 obviously overheated stock market ruin your chance of making money on the most bullish chart we have ever seen before. Go look at that chart again. Even when bitcoin drops dramatically, because it will, it's going to bounce back for the next cycle. You aren't understanding that a fixed supply commodity isn't the same as anything else we have ever seen.

Since a fixed supply commodity is something we’ve never seen before there isn’t anything supporting your call.  Well, other than 15 years worth which indicates a future price less than $20,000.

[Frozenbeernuts 2,114]

13 minutes ago, Alias Detective said:

Since a fixed supply commodity is something we’ve never seen before there isn’t anything supporting your call.  Well, other than 15 years worth which indicates a future price less than $20,000.

If that's how you interpret the chart, then that's unfortunate. How did some of us know for a fact that bitcoin would rally from $15k, all the way to $67k today, and still think it had a ton of runway? Because we can zoom out and see the trend.

Everyone should take profits in alts, 100%. That's their entire point of existance.

When it comes to bitcon though, it's going up forever against the dollar. I understand taking profits only if your goal is to stack more bitcoin. Not to stack more of an infinite supply of something.

[easilyscan 858]

I'm considering selling my MicroStrategy tomorrow. The little voice keeps saying "pigs get fat and hogs get slaughtered"

1,334.01+254.62 (+23.59%)

[Frozenbeernuts 2,114]

Just now, easilyscan said:

I'm considering selling my MicroStrategy tomorrow. The little voice keeps saying "pigs get fat and hogs get slaughtered"

1,334.01+254.62 (+23.59%)

MS about to issue more debt to buy bitcoin. Idk what the equilibrium of their share price to bitcoin holdings it, but I think the rally is far from over

[Frozenbeernuts 2,114]

@Alias Detective

Michael Saylor about to issue $600m in convertible senior notes to buy more bitcoin. Maybe you should tell him he should be taking more profits instead.

I am loving that MS is the hottest stock right now. Somehow I knew that this strategy would be the single biggest arbitrage any company could make. Yet ceos making millions of dollars per year couldn't figure it out.

[Alias Detective 1,389]

9 minutes ago, Frozenbeernuts said:

@Alias Detective

Michael Saylor about to issue $600m in convertible senior notes to buy more bitcoin. Maybe you should tell him he should be taking more profits instead.

I am loving that MS is the hottest stock right now. Somehow I knew that this strategy would be the single biggest arbitrage any company could make. Yet ceos making millions of dollars per year couldn't figure it out.

I’ll stick with Mr. Buffett.  Thanks tho.

[Frozenbeernuts 2,114]

37 minutes ago, Alias Detective said:

I’ll stick with Mr. Buffett.  Thanks tho.

You will make money, just not as much.

BlackRock applying to allow one of their portfolios access to bitcoin etfs. This is just getting started. I tried telling you when it was low. Oh well. You will see. We have a long ways to go.

[Frozenbeernuts 2,114]

Bitcoin supply = finite

Bitcoin is going to reach an ath BEFORE the halving. We are in totally new territory here.

The big players are LOADING TF UP on bitcoin. And you think now is a good time to take profits?

Even the best investors will tell you to hold onto your winners.

[Ron_Artest 1,050]

3 minutes ago, Frozenbeernuts said:

Bitcoin supply = finite

Bitcoin is going to reach an ath BEFORE the halving. We are in totally new territory here.

The big players are LOADING TF UP on bitcoin. And you think now is a good time to take profits?

Even the best investors will tell you to hold onto your winners.

Pigs get fat.  Hogs get slaughtered.

[easilyscan 858]

1 hour ago, Frozenbeernuts said:

@Alias Detective

Michael Saylor about to issue $600m in convertible senior notes to buy more bitcoin. Maybe you should tell him he should be taking more profits instead.

I am loving that MS is the hottest stock right now. Somehow I knew that this strategy would be the single biggest arbitrage any company could make. Yet ceos making millions of dollars per year couldn't figure it out.

I saw that earlier.....but thanks.

It's up over $800 in one month. That's the reason I'm thinking about selling. If it doesn't move down substantially tomorrow, I'll probably sell enough to recoup all of my original Investment & the remainder will be house money!

[Frozenbeernuts 2,114]

8 minutes ago, Ron_Artest said:

Pigs get fat.  Hogs get slaughtered.

The best investors in the world tell you to hold onto your winners. Bitcoin is going to at a bare minimum double from here for the cycle. I also wouldn't be surprised to see it do a 5x

[Frozenbeernuts 2,114]

2 minutes ago, easilyscan said:

I saw that earlier.....but thanks.

It's up over $800 in one month. That's the reason I'm thinking about selling. If it doesn't move down substantially tomorrow, I'll probably sell enough to recoup all of my original Investment & the remainder will be house money!

That's a smart strategy.