RegularGuyGamer | 2,013 Posted May 19, 2021 Share Posted May 19, 2021 I wonder where people are putting their money while it's not in bitcoin? Or if they're just leaving it on the side lines. Link to comment Share on other sites More sharing options...
Californication | 1,477 Posted May 19, 2021 Share Posted May 19, 2021 BTC $33.5 K - if I had a margin account I would short RIOT Link to comment Share on other sites More sharing options...
Gloves | 11,779 Administrator · Posted May 19, 2021 Share Posted May 19, 2021 So Q: Is this all happening cuz of just the Tesla thing, or has something new happened that I've missed? I know this is volatile and speculation and I'm fine with that, but I'm curious as to why people think it's all on steady decline right now. Link to comment Share on other sites More sharing options...
arch_8ngel | 1,597 Posted May 19, 2021 Share Posted May 19, 2021 6 minutes ago, Gloves said: So Q: Is this all happening cuz of just the Tesla thing, or has something new happened that I've missed? I know this is volatile and speculation and I'm fine with that, but I'm curious as to why people think it's all on steady decline right now. Much more likely to be related to the news out of China. https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/ Link to comment Share on other sites More sharing options...
jonebone | 1,307 Posted May 19, 2021 Share Posted May 19, 2021 What goes up.... Hope people enjoyed the ride. Link to comment Share on other sites More sharing options...
Code Monkey | 2,010 Posted May 19, 2021 Share Posted May 19, 2021 On 4/25/2021 at 9:51 PM, Code Monkey said: I also think Bitcoin is going to crash here soon probably down around $25,000 and then it'll shoot up to $100,000 by the end of the year. Then up to $400,000 by the end of 2022. I'm just going to quote this from last month. 2 Link to comment Share on other sites More sharing options...
ThePhleo | 2,185 Posted May 19, 2021 Share Posted May 19, 2021 3 minutes ago, Code Monkey said: I'm just going to quote this from last month. As a Romani, I must ask what type of crystal ball you’re using. My great-grandmothers must be out of tune with the spirits. 2 Link to comment Share on other sites More sharing options...
Link | 2,712 Posted May 20, 2021 Share Posted May 20, 2021 lol. Fuck this shit. Link to comment Share on other sites More sharing options...
OptOut | 8,884 Posted May 20, 2021 Share Posted May 20, 2021 2 hours ago, Link said: lol. Fuck this shit. The words of a man who sounds like he is enjoying the riches he has earned by wisely investing his hard-earned into crypto? 1 Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,105 Posted May 20, 2021 Share Posted May 20, 2021 1 hour ago, OptOut said: The words of a man who sounds like he is enjoying the riches he has earned by wisely investing his hard-earned into crypto? 2 Link to comment Share on other sites More sharing options...
ThePhleo | 2,185 Posted May 20, 2021 Share Posted May 20, 2021 Sorry guys, it's my fault. I tried to invest my Doge profits into actual crypto...Don't worry though, I sold it for roughly half what I paid for it so it should recover now. 1 Link to comment Share on other sites More sharing options...
phart010 | 1,707 Posted May 20, 2021 Author Share Posted May 20, 2021 (edited) 2 hours ago, ThePhleo said: Sorry guys, it's my fault. I tried to invest my Doge profits into actual crypto...Don't worry though, I sold it for roughly half what I paid for it so it should recover now. Bitcoin is the horse and buggy. Doge is the electric car Cmon man! Edited May 20, 2021 by phart010 1 Link to comment Share on other sites More sharing options...
RH | 4,903 Posted May 20, 2021 Share Posted May 20, 2021 35 minutes ago, phart010 said: Bitcoin is the horse and buggy. Doge is the electric car Cmon man! I use to use that analogy with legit cryptos evolving the tech. Lol, it never worked. Regardless, this up and down movement is common. Just hold on and wait 12-18 months, assuming you're invested in BTC or legit coins with a potential for the future. I should have seen it coming, but even the COIN crash should have been expected. My cost basis on that one is $299 and though it's easy to panic because it seems to be in a free fall, I swear there is old, big money in crypto that plays this stuff because they are well experienced and suppressing prices to pick up at the low points they want to continue earning their profits. People always get scared with the BIG drops in crypto and always dump, dump, dump. They weak hands get shaken out and it's just a matter of time before the hype-train leaves the station again. I don't know when that will be for the COIN stock, but mark my word that within the next 12 months it will be pumped to $1,000 a share or higher, because that 's what Crypto manipulators do and let me tell you, they will have fun doing it with a stock in the US markets. They question is, how low will they try to push the stock before they let it rest a bit at the bottom. I could see it going as low as $100 (ouch to me!) but man, they will definitely try to push it to 10x that which will give them insane, real world profit. Link to comment Share on other sites More sharing options...
Code Monkey | 2,010 Posted May 20, 2021 Share Posted May 20, 2021 I moved a pile of things around and put my Bitcoin Cash money into Polkadot while that was cheap. Hopefully it does better than Bitcoin Cash. Link to comment Share on other sites More sharing options...
Pendragonx | 117 Posted May 20, 2021 Share Posted May 20, 2021 On 5/19/2021 at 9:49 AM, arch_8ngel said: Much more likely to be related to the news out of China. https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/ Eh that's nothing new really.. they've been pushing their own CCP-controlled crypto for a while now... which is really nothing like other crypto and more like a different digital credit card the CCP can have absolute control overhttps://www.youtube.com/watch?v=4hZU7qska34 Link to comment Share on other sites More sharing options...
Californication | 1,477 Posted May 20, 2021 Share Posted May 20, 2021 (edited) 32 minutes ago, Pendragonx said: Eh that's nothing new really.. they've been pushing their own CCP-controlled crypto for a while now... which is really nothing like other crypto and more like a different digital credit card the CCP can have absolute control overhttps://www.youtube.com/watch?v=4hZU7qska34 I think the second largest economy in the world saying they don't allow btc transactions is a pretty stark message for something claiming is it a currency. Edited May 20, 2021 by Californication Link to comment Share on other sites More sharing options...
arch_8ngel | 1,597 Posted May 20, 2021 Share Posted May 20, 2021 47 minutes ago, Pendragonx said: Eh that's nothing new really.. they've been pushing their own CCP-controlled crypto for a while now... which is really nothing like other crypto and more like a different digital credit card the CCP can have absolute control overhttps://www.youtube.com/watch?v=4hZU7qska34 I think you may be under-selling how much control China has over crypto assets, in general. 1 Link to comment Share on other sites More sharing options...
Pendragonx | 117 Posted May 20, 2021 Share Posted May 20, 2021 35 minutes ago, Californication said: I think the second largest economy in the world saying they don't allow btc transactions is a pretty stark message for something claiming is it a currency. Personally, I don't find it that stark, but I understand what you're saying. 16 minutes ago, arch_8ngel said: I think you may be under-selling how much control China has over crypto assets, in general. Probably, yeah. In communist China, CCP control you. Link to comment Share on other sites More sharing options...
OptOut | 8,884 Posted May 24, 2021 Share Posted May 24, 2021 Lol. Right now crypto be all like: Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,105 Posted May 24, 2021 Share Posted May 24, 2021 11 hours ago, OptOut said: Lol. Right now crypto be all like: 1 Link to comment Share on other sites More sharing options...
FireHazard51 | 2,043 Social Team · Posted May 26, 2021 Share Posted May 26, 2021 Crypto Meme Tees I figured you guys get a laugh out of some of these. Now away I go.... Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted May 27, 2021 Share Posted May 27, 2021 I took profits on half of my ETH at 2800 today. Will buy back in at 2400 if it comes down or just DCA over a couple months. Still waiting to sell the BTC I bought on the dip. It was a nice fire sale, but in general I'm still long on BTC, ETH, ADA, LINK, and DOT. 1 Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,105 Posted May 27, 2021 Share Posted May 27, 2021 2 hours ago, DoctorEncore said: I took profits on half of my ETH at 2800 today. Will buy back in at 2400 if it comes down or just DCA over a couple months. Still waiting to sell the BTC I bought on the dip. It was a nice fire sale, but in general I'm still long on BTC, ETH, ADA, LINK, and DOT. I'm still holding steady with my 1.5 BTC. If it dips back down to $30k, I may go ahead and go for the 2 BTC mark. 2 Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,105 Posted May 27, 2021 Share Posted May 27, 2021 6 hours ago, FireHazard51 said: Crypto Meme Tees I figured you guys get a laugh out of some of these. Now away I go.... Cryptonnati needs to become a thing. You should get to work on that! Link to comment Share on other sites More sharing options...
Bearcat-Doug | 5,105 Posted May 30, 2021 Share Posted May 30, 2021 Link to comment Share on other sites More sharing options...
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