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i grabbed some eth because i wanted to get more involved in the NFT ecosystem and suddenly im watching people spend $60+ to "mint" an NFT thats going to sell for literally $3 and i have questions. like clearly im missing something. i hope.Quote:
Originally Posted by Daly
Quote:
Originally Posted by sonatine
If I’m being honest I know exactly why I own some BTC. I’m become a convert of sorts.
I own one ETH and I can’t explain to you why other than everyone else seems to own some.
Daly this is for you and/or others unsure of what exactly Ethereum is. What it can be used for, and why it is valuable. Just saw this today and couldnt help but think after realizing Daly was serious not knowing what Ethereum is all about, this is a good place to put this here..
https://www.yahoo.com/finance/news/e...164429485.html
"Ethereum is more advanced than Bitcoin in the sense that it’s customizable and open source."
The thing you are seeing now is this new NFT craze happening. That's Ethereum and like NBA Top Shot, they are built on the Ethereum Blockchain. As we head into the future here now, something like the Ethereum Blockchain can become Fundamental and importantly useful in the future world. Especially in transacting of course. If you want in on the NFT craze, your going to want to understand Ethereum.. =)
i dont know who needs to hear this but breaking through the 55,400 support might have been an actual legit reversal flag.
It’s 100% worth notation. Could end up being a false breakdown.Quote:
Originally Posted by sonatine
Most of my position is long since the low 30’s so I’m going to hold for the minute. That said it might be time to move some out of cold storage.
Quote:
Originally Posted by DalyIt’s 100% worth notation. Could end up being a false breakdown.Quote:
Originally Posted by sonatine
Most of my position is long since the low 30’s so I’m going to hold for the minute. That said it might be time to move some out of cold storage.
some big bank (jpm i think?) is making noise about how we are on our way back to 20-30k but someone has been singing that song every single day since 30,001 so who knows of course.
Well I just watched it crash to $52,xxx and now it's on a slow recovery, but I admit it's not looking great.
I won't be surprised if a kermit appears in this thread shortly.
Ethereum is still over $2500.
Dogecoin is at 30 cents.
The future is in these Altcoins not in Bitcoin which is way too over-valued.
https://www.visualcapitalist.com/wp-...ion-main-1.png
Eth hit it's all time high today everything else been going sideways since this weekends drop
I agree best chance to get a big return is with an altcoin but most of them will fail imo as just so many out there now
only got into crypto a couple months ago when nfts started getting popular got a bit of etherium and for a random cheap altcoin for a long term hold im really liking algorand
today they announced they are going carbon negative lots of room for growth in this one imo
https://www.businesswire.com/news/ho...-in-the-Future
49k and falling fast. Some “Sharpes” are saying put on your set belt next stop 40ish
I think you've used this kermit before, but I'll allow it.
Getting under 50 is a pretty big deal. Psychologically, it makes it look like BTC is much less likely to reach 100, if it can't even hold 50. It also hasn't been under 50 in quite some time.
Then again, this might prompt a lot of people to buy in, thus causing it to go back up.
a lot of the TA wizards are pointing to 34 as resistance at this point and im inclined to agree.
also for literally every single moment since its inception, cumrocket coin has outperformed bitcoin by a huge margin.
Quote:
Originally Posted by sonatine
BTC has a long long history of drops between 20-30%. The RSI is as low as it’s been since the start of the run. Leverage has been taken out.
Yeah I mean who is to say 34 isn’t back in play. But I wouldn’t be surprised if the floor was in here and we base off of here to 75. A dip like this was a long time coming. On demand and news along BTC was primed to bust through 60 but the prolonged overbought status was like a anchor.
Guess we shall see. I see a more bullish outlook than most and this drop being a natural part of the process which we have seen many times before.
Quote:
Originally Posted by DalyQuote:
Originally Posted by sonatine
BTC has a long long history of drops between 20-30%. The RSI is as low as it’s been since the start of the run. Leverage has been taken out.
Yeah I mean who is to say 34 isn’t back in play. But I wouldn’t be surprised if the floor was in here and we base off of here to 75. A dip like this was a long time coming. On demand and news along BTC was primed to bust through 60 but the prolonged overbought status was like a anchor.
Guess we shall see. I see a more bullish outlook than most and this drop being a natural part of the process which we have seen many times before.
honestly it seems like kind of an extreme prediction from where im sitting but the anchored vwap has opinions and its right more than i am.
When Tine mentioned "cumrocket coin", I was immediately trying to figure out what coin he was talking about as it surely must be some type of memish nickname or something in that order for another coin. Had to go to google for help.
The absolute last thought on my mind was that there was a real actual coin called Cumrocket.
Good God
The end is near.
Quote:
Originally Posted by sonatineQuote:
Originally Posted by Daly
honestly it seems like kind of an extreme prediction from where im sitting but the anchored vwap has opinions and its right more than i am.
I’ll say this - I don't think it’s going to take too long to find out if you are right.
under 50k almost
First NFL player converts entire NFL salary now into Bitcoin
He'll use the same method Russell Okung another NFL player used this ZAP's or something, whih ive never heard ot until all this now. I think its big business oriented like NFL pay lol.. Okung got paid iirc 7.5 Million in Bitcoin and was the first NFL player to do so. He used ZAP's which ive never hears of ill quote a bit below too, this is interesting and a Future Trend I think, and the real BULL who believes in the 100k-400k why not youll get an NFL salary with possible Massive upside. I just heard recently with Russel Okungs Bitcoin gains on I think it was 7Million he got pad in Bitcoin at 27k with its new spike it has actually Made Russell Okung a Top 10 paid NFL lineman in the league. Genius on his part, believed in it and paid off for him. Others are following behind and iirc Okung used this Zaps too which was the first I had ever hear of it before this.
https://www.forbes.com/sites/nichola...h=ec69fb160bf0
Kansas City Chiefs tight end Sean Culkin believes bitcoin is the "future of finance" and said Monday he wanted to prove he has "real skin in the game"
Quote:
Originally Posted by sonatine
Tine has been doing Gods work in this thread
Tesla sold 272 Million in Bitcoin proceeds in Q1
https://www.yahoo.com/finance/news/t...202359810.html
lol crushing it..
And that's only in the 1st Quarter this year. Already booking a quarter a billion in profit aside from all the Tesla stuff, I mean he is the Market at this point imo and more then I think he was ever some visionary in Bitcoin.
He's never been that imo, he's late to the party but adding neccesary choo choo and knowingly, so Musk is the Market imo more then he got this right....
Daly nailed it with this prediction on March 25 when a Bitcoin was 55k then...Quote:
Originally Posted by Daly
It did retract exactly to whereabout he said it would, in the mid 40s and then is clearly rebounding and people bought the dips. I agree, and think the inevitable run is going to happen, regression is normal in any Market.
And if my memory serves me correctly, something Daly said made me think he may be in Finance lol.
I seen his good food and them fancy granite countertops lol. So this guy may actually have some good valuable Market insight imo, insider lol. He does have some legitimate good insight about the Market for sure imo, and he did actually nail this almost exactly...
Well done Daly, that was an absolutely perfectly correct prediction
Even a Broken clock right twice a day.Quote:
Originally Posted by garrettDaly nailed it with this prediction on March 25 when a Bitcoin was 55k then...Quote:
Originally Posted by Daly
It did retract exactly to whereabout he said it would, in the mid 40s and then is clearly rebounding and people bought the dips. I agree, and think the inevitable run is going to happen, regression is normal in any Market.
And if my memory serves me correctly, something Daly said made me think he may be in Finance lol.
I seen his good food and them fancy granite countertops lol. So this guy may actually have some good valuable Market insight imo, insider lol. He does have some legitimate good insight about the Market for sure imo, and he did actually nail this almost exactly...
Well done Daly, that was an absolutely perfectly correct prediction
The RSI was through the roof all the way up and there was leverage that needed to be cleared out. The market has done that and RSI is more then sufficiently reset.
The chart was constantly above all the moving averages that everyone looks at for so long it was kind of a no brainer we would cross if not just for a few days. We crossed through 50 day moving and 21 week moving. This cross was long long overdue.
We ready to move higher. 75 is absolutely in play now but we have the current level (55) to deal with, 59/60 and now 63 as points where it will take strength to get over.
Won’t happen overnight. Despite the laxer eyes I was never in the 100K in 2021 club - thought that was a level too far. That said a lot of smart people and the whole flow concept seem to think it’s a certainty.
Going to be an interesting few weeks/months. I’m not concerned about the small Tesla sale. What the space needs is Fortune 500 company 2 to announce they added BTC to the balance sheet. Walmart, Facebook, Oracle - any of them add and we are probably off to the races. It should be a +10K candle on that news.
54k is the price point to watch this week to Friday here....
It's teetering right on the 54k number as we speak, this is all Institutional gamesmanship going on here now. It'll be over 54k come Friday, and by doing so the big Institution's will make sure the Maximum Options expire worthlessly, on Friday.. This is all Wall St. and the 'BIG' institutions game now. So to get the Bitcoin price above 54k by Friday is Wall St.'s goal here, and imo itll happen for sure. Its Wall St remember (LOL).. So all them Options expire worthlessly I think it will for sure happen too..
bet on it Wall St. is in control now, so Bitcoin will for sure be 54k+ come Friday bank on that =)...
https://www.coindesk.com/bitcoin-opt...piry-on-friday
"Tesla pulled a new lever to juice earnings in the quarter, generating $101 million in income from selling about 10% of its Bitcoin holdings."
Elon motherfn Gangsta LOL.......
https://news.yahoo.com/tesla-leaves-...212026568.html
Musk is absurd, he is sooo far ahead of our time in ways. Everything he does from the Paypal beginning's, to SpaceX, now his exposure to Bitcoin this guy is just so genius it's absurd. He is the Market now actually, very few people have the ability to actually change Society as we move into the future, as Elon Musk can. As a side note not important but my little brother is in Tesla and has been a while and i was of the opinion he was buying a top and lol.... He just bought his first house for 400k+ in Jupiter Florida, where Tiger Woods lives of course, so I obviously dont know wtf im talking about. But with him, hes been big on the whole EV technology forever, and actually is a Computer Programmer Techie guy, so it makes sense. And honestly him the wife and baby are sorta Tesla ri$h now lol. But beyond the understanding they have lots of it, I dont get involved in all that k inda stuff with my family members. Money doesnt matter to us at all individually. I know that Tesla investment for him is forever he said and his kid now, so lol hes in way early too. Elon Musk is the Market, more then he solves any Markets such as Bitcoin. He just is the Market and his ideas today..
Tesla sold just enough Bitcoin to juice the Revenue number. It wasn’t a “liquidity test”. That’s bullshit. Banks do this shit all the time.
Good operational quarter? Ok let’s sell some of the toxic mortgages we are holding and realize the loss.
Bad operational quarter? Ok what gains are we sitting on that we haven’t realized? Oh Bitcoin is up 100%? Sell 10% of it so we can realize $150M in gain on investment.
It was managed earnings plain and simple.
75k is locked now imo
This is also actually exactly what it will take to get to that 100k-400k price point. 75k locked now imo, just a matter of when. Demand, and it is real and not short-term stuff here at all. I hope you all already own Bitcoin/Ethereum because the days of an affordable Bitcoin are now long gone for real actually.
https://www.google.com/amp/s/www.cnb...rm-nydig-.html
Doge is really going to $1 isn’t it?
Like this is real life.
Quote:
Originally Posted by DalyQuote:
Originally Posted by Dan Druff
I’ll Go ahead and help out the cause - there is fucking 0.0% chance this shit hits $1.
Glad I’m here to help fellas
Quote:
Originally Posted by DalyQuote:
Originally Posted by Daly
Glad I’m here to help fellas
im going to tell you something i realized very, very recently.
when youre trying to predict price action for crypto, youre not betting on anything but consumer sentiment.
thats it, thats the tweet.
of course doge is going to a dollar. of course the way to get rich in crypto is buy high sell higher. everything is a meme driven momentum play.
its so fucking pure daly.
https://www.youtube.com/watch?v=MlyBNSD_RiY
wait you just realized this
you do realize you own a 3rd tier forum called lolstocks my guy this is a gigantic red flag
https://www.youtube.com/watch?v=DJZRUryrZncQuote:
Originally Posted by lol wow
o.k. and so a little honesty here now...
The whole Smart world sophisticated and all know that with how much Money we printed in the past two years and gave away. Inflation is coming undoubtedly and yesterday I read how Warren Buffet said he is already seeing it happening, so its here too. And Bitcoin, not Gold is the new store of Value. If and that is a big if, If you can get some..
It isnt going to be cheap now moving Forward, ever now. Not Bitcoin and so the real smart people, Banks, Sharps already have Bitcoin. I mean yeah im obv a Bitcoin Cash bull next but, I cant tell you all how the world isnt even really interested in the OG stock Market right now anymore. The whole world knows about Bitcoin now, and for reasons you should already own it.
You should own Ethereum already which imo is the actual Best open-source, most adaptable Blockchain their is today and so I do see Eth easily going 10k-30k but upside wise pile Bitcoin Cash my friends, and then talk to me in say 5 or 8 years. And lol the Stock Market today is for the squares, and starting an actual stock market forum that you if that is meaningful to you I guess. In 2021 it is all about Crypto now, not lol stocks. But to each their own of course, and I do wish you all the best here so I have no opinions other than this.....
gl Friends <3
'tine, sorry to say you're fighting a really uphill battle on this one now...
Billionaires doing what Billionaires do
https://www.yahoo.com/finance/m/bf6f...thiel-and.html
Clearly at this point everyone Wealthy/Important want Crypto exposure and View Cryptocurrency as a real Market now and moving Forward...
Ive been careful not to do or post anything to irritate you, and this is just honestly foolish conjecture from you. Do You really believe Dogecoin the actual biggest POS CryptoCurrency is goin to $1 Sonatine, it has no real world use so why. So Demand for it when people cant use it, is non-existent Sonatine. In order for Dogecoin to ever actually become in Demand which is actually, Fundamentally what the entire Price is based off of course. Dogecoin needs to start being incorporated into a actual real world use. And that is never happening Sonatine, their is literally probably now Thousands of other unknown Alt Crptocurrencys, that even some have actual real world use.Quote:
Originally Posted by sonatineQuote:
Originally Posted by Daly
im going to tell you something i realized very, very recently.
when youre trying to predict price action for crypto, youre not betting on anything but consumer sentiment.
thats it, thats the tweet.
of course doge is going to a dollar. of course the way to get rich in crypto is buy high sell higher. everything is a meme driven momentum play.
its so fucking pure daly.
https://www.youtube.com/watch?v=MlyBNSD_RiY
Its amazing to me that the one here on this Forum who for Year's fancied himself as such a genius, honestly has literally such Basic Moronic views toward and obvious part of our entire world we live in now. And its going, Dogecoin is the shittiest biggest Joke of a coin ever. It has no real USE Sonatine. So how and why exactly would it actually get a meaningful $1 price point please tell us why you believe this. Dogecoin is 100% a pos joke, and yet you take the biggest pos joke crypto and think it has some real world actual Viability. It does not Sonatine, get that through your head Dogecoin is a joke. Aside from Elon #gangsta Musk it has no real use now. I guess you didnt get that Joke though and are now LOL touting Dogechitcoin going to $1 now, LOL (#Level1).
Other then your complete misunderstanding and disbelief in Cryptocurrency. For a decade, that is really making you look very naïve and foolish here now Sonatine honestly. And sometimes point blank, stupid. Other then that I of course hope you are doing well and that you open your mind up completely about Cryptocurrency being a real part of our real and Functional World. If you do not get it soon, you are going to look like the biggest idiot for the past Decade on this forum pretty soon Sonatine, to others. I know you dont care what I think =)...
#Level1 fellas =)