Is anyone else starting to become a bit excited?

Bob24

Lex Luthor wrote: »

https://www.suissegold.ch/en/posts/converting-cryptocurrencies-and-bitcoins-into-gold-and-silver-bullion

Not exactly the same, but PAXG which is backed by and convertible into physical gold (and can earn interest on Crypto.com and soon on Celsius Network) will probably be more attractive to crypto folks ;-) (although personally I am all for some direct physical gold ownership and don’t see gold and crypto as an either/or question).

Lex Luthor

LTC leading the charge today and was the first to break out last week aswell....
Looking back it seems to be the one that is the leading indicator of many bull or bear runs

XRP Lawsuit decision made tomorrow...should be interesting

Grumpypants

JohnnyFlash wrote: »

I didn’t. I find cash to be a great ‘day to day’ currency and I tend to invest in property. Not something that is filled with conmen and destined to collapse.

:pac:

Grumpypants

Nice gains today, hopefully that locks in the +€7K price through the next dip and we roll on to May.

Dohnjoe

Bcash has just started to go crazy, up 11% in an hour. A lot of other stuff starting to rocket up. Since we're still in the dregs of a bear I'm obviously not expecting this stuff to stick, but it's always fun to watch double-digit 24 hour movements.

q85dw7osi4lebg

The milky bars are on me

q85dw7osi4lebg

23% gain so far this year, no doubt will be the best performing asset by years end.

Dohnjoe

BSV up 90% in 24 hours now, that's some tear. Very close to bcash.

q85dw7osi4lebg

Dohnjoe wrote: »

BSV up 90% in 24 hours now, that's some tear. Very close to bcash.

Peaked at +135%, chasers got stung there !

cnocbui

JohnnyFlash wrote: »

I didn’t. I find cash to be a great ‘day to day’ currency and I tend to invest in property. Not something that is filled with conmen and destined to collapse.

You must be buying property in some other country. I had a property valued in 2011 and have just had another valuation. It's now worth 30% less.

The good news is that I'm up 578% on BTC

makeorbrake

hernie wrote: »

He has a point. A lot of these TA guys see patterns where there are no patterns. ...To to me that's just complete hogwash.

The unspeakable one doesn't have any point that's specific to crypto. TA is practiced widely and existed long before crypto was traded.

Secondly, it's not a prediction service. It works on the basis of probability. That's a common misunderstanding. If it can achieve 51% probability, then it may well be worth pursuing.
Over and above that, people can take it or leave it. ....or the unspeakable one can try and reach to use it as a stick to beat those who pursue it relative to crypto (because he wouldn't say a word unless crypto was implicated).

makeorbrake

Bob24 wrote: »

Not exactly the same, but PAXG which is backed by and convertible into physical gold (and can earn interest on Crypto.com and soon on Celsius Network) will probably be more attractive to crypto folks ;-) (although personally I am all for some direct physical gold ownership and don’t see gold and crypto as an either/or question).

Kinesis is another option with the tokenisation of gold and silver.

Lex Luthor

Bob24 wrote: »

Not exactly the same, but PAXG which is backed by and convertible into physical gold (and can earn interest on Crypto.com and soon on Celsius Network) will probably be more attractive to crypto folks ;-) (although personally I am all for some direct physical gold ownership and don’t see gold and crypto as an either/or question).

The link I posted was more in reference to that particular seller accepting crypto as payment for gold/silver

bri007

Coinbase is down

Bob24

cnocbui wrote: »

You must be buying property in some other country. I had a property valued in 2011 and have just had another valuation. It's now worth 30% less.

The good news is that I'm up 578% on BTC

Argh :-/ But it must be something specific to that property/location to be fair.

The national property price index was 78 in Jan 2011 and is now 109; so your property lost 30% while the overall market was gaining 30%.

Bob24

Btw, is anyone on the thread buying at the moment?

My view would be to try not to FOMO and stay on the sideline until some sort of correction/consolidation takes place and the dust settles; anyone thinks differently?

FFVII

Bob24 wrote: »

Btw, is anyone on the thread buying at the moment?

My view would be to try not to FOMO and stay on the sideline until some sort of correction/consolidation takes place and the dust settles; anyone thinks differently?

Usually drops after tether pump

Lex Luthor

bri007 wrote: »

Coinbase is down

That’s why I keep mine on my Nano

Bob24

Lex Luthor wrote: »

That’s why I keep mine on my Nano

The Ledger is purely for storage though (and is indeed great if used properly in terms of passphrase protection practices). It can’t really be compared to to a marketplace like Coinbase.

Grumpypants

Bob24 wrote: »

Btw, is anyone on the thread buying at the moment?

My view would be to try not to FOMO and stay on the sideline until some sort of correction/consolidation takes place and the dust settles; anyone thinks differently?

Impossible to judge. I do think it has over stretched by around 10% and should come back down by a similar amount.

q85dw7osi4lebg

Lex Luthor wrote: »

That’s why I keep mine on my Nano

+ 1

q85dw7osi4lebg

Bob24 wrote: »

The Ledger is purely for storage though (and is indeed great if used properly in terms of passphrase protection practices). It can’t really be compared to to a marketplace like Coinbase.

It gives you security you don’t have when coinbase is down (I.e due to a possible hack)

Dohnjoe

Bob24 wrote: »

Btw, is anyone on the thread buying at the moment?

My view would be to try not to FOMO and stay on the sideline until some sort of correction/consolidation takes place and the dust settles; anyone thinks differently?

If you have a strong urge to buy, so does the market.

I have an index I've followed daily (lol hourly) for over 2 and a half years now, it represents around 75 coins. On any given day I'm following the prices of around 50 or so coins. Excluding BTC (which is it's own beast, 70% of the market), the index is down around 80% from peak (Dec 2017), but is up around 30% of it's lowest (December 2018)

If not much has changed by this December (2020) then I reckon Ill be putting money in - in the hopes of catching a bull run in 2021. I've had success (blind luck) in catching the 2013 bull and 2017 bull. I've also succumbed to FOMO and learnt a bit from that.

Buying now? I don't have a clue. Found some spare cash I had on CB and recently put it into some BTC fork trash alts bc BSV was rising and got lucky with some cheap and nasty gains

Bob24

Addison Fancy Macrame wrote: »

It gives you security you don’t have when coinbase is down (I.e due to a possible hack)

Agree of course, but again a hardware wall and a coin marketplace are not the same thing.

q85dw7osi4lebg

Bob24 wrote: »

Agree of course, but again a hardware wall and a coin marketplace are not the same thing.

They aren’t, but at least if it’s on a hardware wallet you can lob it over to binance and dispose of it.

A lot of people keep their coins on coinbase and other exchanges, so when it goes down it’s less secure than a hardware wallet (as you know).


Picked up some more there this morning.

Will see where we are at on Friday and may go again.

Dohnjoe

BSV now fourth largest by cap, up 140% in 24 hours. Insane rise.

q85dw7osi4lebg

Dohnjoe wrote: »

BSV now fourth largest by cap, up 140% in 24 hours. Insane rise.

Unbelievable manipulation by CSW

Is it true nobody is really even mining it ?

Wonder how long it would take to dump a big holding.

All wash trading.

Dohnjoe

Addison Fancy Macrame wrote: »

Unbelievable manipulation by CSW

Is it true nobody is really even mining it ?

Wonder how long it would take to dump a big holding.

All wash trading.

I'll be honest, I don't know what it is, it's 24 hour volumes are similar in scale to the other big movers, but it's ratios of buys is so much higher

If it's manipulation, everyone else is hopping on the gravy train, fun to watch anyway

q85dw7osi4lebg

Was delisted from coinbase and a few other places so not even sure where people can cash in their gains.

Definition of a sh1tcoin regardless

bri007

Some run we are on now... hopefully new people get on board and we continue this rise

Wonder what’s the reasoning behind this bull run