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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Grimsweeper]
#27362798 - 06/25/21 01:43 PM (2 years, 7 months ago) |
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how do you know it will go that low?
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Grimsweeper
don't fear the sweeper


Registered: 01/29/18
Posts: 4,843
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: trees]
#27362846 - 06/25/21 02:17 PM (2 years, 7 months ago) |
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Never know. But it dropped below the 30K resistance level. Next resistance is 23-25. I think it'll get close to 40 again then plummet to 25. If that all happens everyone will be buying again and it'll skyrocket.
-------------------- When you clean a vacuum cleaner you are a vacuum cleaner Build yourself a Flow Hood in these 99 simple steps
 
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Enkidu
"No-Such-Person"


Registered: 07/09/16
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Grimsweeper]
#27362891 - 06/25/21 02:44 PM (2 years, 7 months ago) |
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Idk 30k support is still holding after repeated attacks
If we do dip further i will continue accumulating
Could be an interesting weekend ahead for crypto
-------------------- Within You , Without You
      
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu] 5
#27363051 - 06/25/21 04:25 PM (2 years, 7 months ago) |
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$30K BTC still looks pretty strong and the range remains intact, despite several attempts to shake out weaker hands. The alts have headwinds as money consolidates into BTC with the repeatedly frustrating gyrations as traders attempt to anticipate direction and become increasingly jittery, largely out of impatience and/or boredom. Of course, one cannot expect to know how the future will play out, but I would expect more gyrations as we continue to build a base in BTC. We could break down to lower levels, but given the reactive bounces we keep seeing on big sell offs, it doesn’t seem like a scenario I would want to bet on.
For my money, I expect that we continue to bounce around and ultimately move higher, although it’s anyone’s guess as to when that move higher may come, and it may yet require another shakeout at lower levels (although I would expect that to be short lived, perhaps to $25K BTC).
I would maintain dominant exposure to BTC & ETH, however some sub-dominant alts are intriguing (nice 6/21 volume spike on SOL, I still like AAVE as well for its dominant position and aggressive development in DeFi, albeit still definitively weak).
I’m not fully up to speed and haven’t looked very closely at most assets, as I am in Costa Rica through the 30th. Pura vida! 🤙🏼
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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LeafRaker
nomad



Registered: 11/28/11
Posts: 718
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Grimsweeper]
#27363087 - 06/25/21 04:55 PM (2 years, 7 months ago) |
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Quote:
Grimsweeper said: Waiting for BTC to hit 25K.
For a short cover?
-------------------- Knowledge is finite, ignorance is infinite.
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ManianFH
living in perverty



Registered: 07/06/04
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: geokills]
#27363133 - 06/25/21 05:29 PM (2 years, 7 months ago) |
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Quote:
geokills said:
[/url]
Post of the day! Reminder of why we all do what we do (yes for me its the beer ).
Have fun in Puerto Rico sir! Have a good weekend everyone.
-------------------- notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... " ChrisWho said: "It's all about the journey, not the destination."
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Brian Jones
Club 27



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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: ManianFH]
#27363252 - 06/25/21 07:02 PM (2 years, 7 months ago) |
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I saw a Shell station today with a sign outside saying Bitcoin ATM.
-------------------- "The Rolling Stones will break up over Brian Jones' dead body" John Lennon I don't want no commies in my car. No Christians either. The worst thing about corruption is that it works so well,
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Brian Jones]
#27363992 - 06/26/21 10:14 AM (2 years, 6 months ago) |
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I just went all in, feeling that we are at around the bottom (close enough that it wont matter 5k difference in 3 months) let's see if it dumps more as a result
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gopher
Coffee Bean Extraordinaire



Registered: 11/22/17
Posts: 12,996
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: trees]
#27364077 - 06/26/21 11:57 AM (2 years, 6 months ago) |
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-------------------- For most of the normies out there, an operating system is just a bootloader for Google Chrome. Since Disney has obtained tremendous value from the public domain, knows how important the public domain is, and is firmly determined to never contribute anything to it. My pronouns are He and Him, and my adjectives are Fat and Jazzy
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: gopher]
#27364401 - 06/26/21 05:58 PM (2 years, 6 months ago) |
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Like to extend apologies to NatureBoy
Its great you all put up with me
-------------------- Within You , Without You
      
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Grimsweeper
don't fear the sweeper


Registered: 01/29/18
Posts: 4,843
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Enkidu]
#27364860 - 06/27/21 05:45 AM (2 years, 6 months ago) |
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-------------------- When you clean a vacuum cleaner you are a vacuum cleaner Build yourself a Flow Hood in these 99 simple steps
 
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qman
Stranger

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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Grimsweeper]
#27366825 - 06/28/21 09:50 PM (2 years, 6 months ago) |
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trees


Registered: 02/08/09
Posts: 9,194
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: qman]
#27367202 - 06/29/21 07:45 AM (2 years, 6 months ago) |
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this thread died.
I'm up almost $3000 since buying the "bottom" in my last post here
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filthyknees
no coincidence


Registered: 03/08/13
Posts: 6,283
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: trees]
#27367389 - 06/29/21 10:11 AM (2 years, 6 months ago) |
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I just lurk I don't have anything intensely special to mention.
Bought a few of the main ones when btc was still on its way down at 37, wish I had stayed in cash longer and been more patient or else I'd be up 25% over a week or two, instead I've practically broken even lately after the little recovery going on now.
I don't have any special insights or great predictions based on charts but I did listen to the cardano creator on lex Friedman's podcast for about 5 hours and a lot of what he said made sense especially over the span of 5-10-20 years.
Just as china has their belt and road project these crypto, and I'm thinking specifically cardano cause I watched that pod, will be the digital infastructure of Africa and other areas of the world. It makes sense considering the obvious things inflation, currency manipulation, currupt governments ect, as well as the culture of mobile phones being big, it makes sense to me 10s of millions will be banking online but not with traditional banks.
I know the us mainly but I know people here do not think about going to the bank and explode with joy, now imagine you live in not the first world and you have to go to a bank.
Tldr long term holding here not too worried about the day to day but peek in a couple times a week for fun. Wish I had more to go in on with now, seems like a great time to buy in my novice opinion and I'm excited to see next 5 years multiplying some money.
Someone mentioned defi to me, seems very cool and something I may look into at a later day. If anyone is very passionate/personally experienced about it please drop some knowledge on what platform you like ect.
-------------------- But if you're in a hurry, and really got to go If you're in a hurry, might have to find out slow That it's one thing to try and another to fly You get there quicker just a step at a time It's one thing to bark, another to bite The show ain't over till you pack up at night
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Grimsweeper
don't fear the sweeper


Registered: 01/29/18
Posts: 4,843
Loc: broom closet
Last seen: 6 days, 9 hours
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: trees]
#27367585 - 06/29/21 12:33 PM (2 years, 6 months ago) |
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Quote:
trees said: this thread died.
I'm up almost $3000 since buying the "bottom" in my last post here 
I can't speak for everyone but I think most are still shaken enough to not make any big moves right now so there's not much to talk about. I'm not buying yet. Might put some more cash in the next time we see red. SHIB still serving me well just holding.
Nice to see ICP making a comeback.
-------------------- When you clean a vacuum cleaner you are a vacuum cleaner Build yourself a Flow Hood in these 99 simple steps
 
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Grimsweeper] 1
#27367848 - 06/29/21 03:39 PM (2 years, 6 months ago) |
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So buy ada for long term hold?
Ill wager on that
Chart for btc looks good right now. I'm sitting just at break even right now
Glad you're up tree, that's great man
I expect 38k and 41k to be key resistance.
Break that and my wager is we run a bit
-------------------- Within You , Without You
      
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LeafRaker
nomad



Registered: 11/28/11
Posts: 718
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: qman]
#27368186 - 06/29/21 07:38 PM (2 years, 6 months ago) |
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Quote:
qman said: https://www.coindesk.com/morgan-stanley-buys-over-28000-shares-of-grayscale-bitcoin-trust
Why is one of the worlds largest investment bank buying a scam asset? 
literally one-millionth of MS's balance sheet
-------------------- Knowledge is finite, ignorance is infinite.
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Nimpo
Big Black


Registered: 05/10/12
Posts: 2,375
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: qman] 1
#27368195 - 06/29/21 07:47 PM (2 years, 6 months ago) |
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Quote:
qman said: https://www.coindesk.com/morgan-stanley-buys-over-28000-shares-of-grayscale-bitcoin-trust
Why is one of the worlds largest investment bank buying a scam asset? 
Its a hedge against being wrong.
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qman
Stranger

Registered: 12/06/06
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: LeafRaker]
#27368259 - 06/29/21 09:00 PM (2 years, 6 months ago) |
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Quote:
LeafRaker said:
Quote:
qman said: https://www.coindesk.com/morgan-stanley-buys-over-28000-shares-of-grayscale-bitcoin-trust
Why is one of the worlds largest investment bank buying a scam asset? 
literally one-millionth of MS's balance sheet
I realize that fact, but it's hardly the point, I could now make a very long list of major global financial institutions getting seriously involved into BTC and the rest of crypto industry just in the past 3-4 months. In fact, there's been more institutional involvement since BTC has been off of its ATH of 10 weeks ago.
I'm sorry, but the crypto industry isn't going away, Big Money isn't rejecting crypto, it's learning about it and slowly embracing it. I can truly understand why people don't want to invest in crypto, I can understand why they might be bearish after the big percentage gains of the past 12 months. What I can't understand is the conspiracy theories of the crypto markets being some sort of scam on investors.
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qman
Stranger

Registered: 12/06/06
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Nimpo]
#27368264 - 06/29/21 09:05 PM (2 years, 6 months ago) |
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Quote:
Nimpo said:
Quote:
qman said: https://www.coindesk.com/morgan-stanley-buys-over-28000-shares-of-grayscale-bitcoin-trust
Why is one of the worlds largest investment bank buying a scam asset? 
Its a hedge against being wrong.
Most institutions have been scared of getting burned on crypto and don't want to get involved, but now they're being forced to get involved because the experts are now educating them on the technology and the inevitable. It's called follow the leader, if Goldman Sachs, State Street, JP Morgan and Fidelity get involved in crypto, the rest of the industry has to follow the lead.
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