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Is anyone else starting to become a bit excited?

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Comments

  • #2792
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Buy the rumour sell the news..

    Don't know how true this is.

    https://ifpnews.com/saudi-king-either-dead-or-on-his-deathbed-whistleblower


  • #2793
    JohnnyFlash
    Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    JJJJNR wrote: »
    Buy the rumour sell the news..

    Don't know how true this is.

    https://ifpnews.com/saudi-king-either-dead-or-on-his-deathbed-whistleblower

    What impact would that have on the price of shïtcoins?


  • #2794
    banie01
    Registered Users, Registered Users 2 Posts: 17,938 ✭✭✭✭banie01


    JJJJNR wrote: »
    Buy the rumour sell the news..

    Don't know how true this is.

    https://ifpnews.com/saudi-king-either-dead-or-on-his-deathbed-whistleblower

    I heard similar on CNN over the weekend.
    Posited that MBS is securing his powerbase before any announcements are made.

    With oil taking a hammering ATM too, the safe havens of commodity, gold or cash all being far more volatile than previously it will be an interesting time.


  • #2795
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    JohnnyFlash wrote: »
    What impact would that have on the price of shïtcoins?

    It'll put the bitcoin safe haven theory to test, if it pumps alts will follow.


  • #2796
    themossinator
    Registered Users, Registered Users 2 Posts: 126 ✭✭themossinator


    JJJJNR wrote: »
    It'll put the bitcoin safe haven theory to test, if it pumps alts will follow.

    Bitcoin is not a safe haven, it's a risk on asset for now


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  • #2797
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    themossinator wrote: »
    Bitcoin is not a safe haven, it's a risk on asset for now

    Same as gold


  • #2798
    JohnnyFlash
    Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    Why is the Bitfinex exchange coin - UNUS SED LEO bucking the market and increasing in value today?


  • #2799
    themossinator
    Registered Users, Registered Users 2 Posts: 126 ✭✭themossinator


    Addison Fancy Macrame wrote: »
    Same as gold

    Gold a lot safer right now - btc just following equities


  • #2800
    stockshares
    Registered Users, Registered Users 2 Posts: 2,760 ✭✭✭stockshares


    Do people recommend selling and buying back in later.


  • #2801
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    themossinator wrote: »
    Gold a lot safer right now - btc just following equities

    Bitcoin has outperformed equities for 9/10 years, uncorrelated.


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  • #2802
    Grumpypants
    Registered Users, Registered Users 2 Posts: 8,255 ✭✭✭Grumpypants


    stockshares wrote: »
    Do people recommend selling and buying back in later.

    Not now, I recomend buying now and selling later.


  • #2803
    banie01
    Registered Users, Registered Users 2 Posts: 17,938 ✭✭✭✭banie01


    stockshares wrote: »
    Do people recommend selling and buying back in later.

    If you are smart enough to catch a falling knife, in a falling market?
    Yes.

    If you don't have the luck of a leprechaun and the TA skills of Bobby Axelrod ;)

    NO!

    It's far, far harder than it appears.

    There is also a huge inflationary risk on the horizon in that every Central Bank will be ramping up interventions, interest rate cuts and QE.

    Is crypto a hedge against that, in the way that Gold and Bonds are traditionally thought of?

    I suppose we are at ground zero to find out!


  • #2804
    stockshares
    Registered Users, Registered Users 2 Posts: 2,760 ✭✭✭stockshares


    banie01 wrote: »
    If you are smart enough to catch a falling knife, in a falling market?
    Yes.

    If you don't have the luck of a leprechaun and the TA skills of Bobby Axelrod ;)

    NO!

    It's far, far harder than it appears.

    There is also a huge inflationary risk on the horizon in that every Central Bank will be ramping up interventions, interest rate cuts and QE.

    Is crypto a hedge against that, in the way that Gold and Bonds are traditionally thought of?

    I suppose we are at ground zero to find out!

    Thanks for your help. It's hard to know what to do given the current outbreak and the stock market crashing.


  • #2805
    stockshares
    Registered Users, Registered Users 2 Posts: 2,760 ✭✭✭stockshares


    Grumpypants wrote: »
    Not now, I recomend buying now and selling later.

    I was thinking of that also but what if it completely tanks. Anything could happen due to current pandemic.


  • #2806
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    stockshares wrote: »
    I was thinking of that also but what if it completely tanks. Anything could happen due to current pandemic.

    I'm buying.


  • #2807
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Gap at $7685 filled. No more gaps below us.


  • #2808
    stockshares
    Registered Users, Registered Users 2 Posts: 2,760 ✭✭✭stockshares


    Addison Fancy Macrame wrote: »
    I'm buying.

    I just read Buffets old advice to traders
    "Be fearful when others are greedy and be greedy when others are fearful"


  • #2809
    cnocbui
    Registered Users, Registered Users 2 Posts: 21,185 ✭✭✭✭cnocbui


    stockshares wrote: »
    I just read Buffets old advice to traders
    "Be fearful when others are greedy and be greedy when others are fearful"

    My opinion, 're equities, is that people are nowhere near a fearful as they will be in a couple of weeks time. Sit it out.


  • #2810
    Dohnjoe
    Registered Users, Registered Users 2 Posts: 19,030 ✭✭✭✭Dohnjoe


    stockshares wrote: »
    I just read Buffets old advice to traders
    "Be fearful when others are greedy and be greedy when others are fearful"

    Yeah but within reason. People bought crypto when there was blood on the streets in 2018 and some are down a further 90% on that.

    He's also referring to traditional financial assets which, regardless of value, have a regulated and legal future. Crypto is not so certain in that regard at all so the same advice doesn't apply so well


  • #2811
    unkel
    Registered Users, Registered Users 2 Posts: 66,724 ✭✭✭✭unkel


    Addison Fancy Macrame wrote: »
    I'm buying.

    You're buying every week no matter what the value is :p :pac:

    I thought I bought the dip in some ordinary shares last Monday after the pretty dramatic fall during the week before. Except it wasn't the dip yet :o

    My ads on adverts.ie:

    Victron stuff for sale, Multiplus-II, Quattro!

    https://www.adverts.ie/member/5856/ads



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  • #2812
    Lex Luthor
    Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Bitcoin basically doing what it did prior to previous halvings

    CME gap filled

    Looking forward to a bounce from here tomorrow probably but some volatility in March until the gates open

    XRP getting hammered at the moment , they will have their day but not now

    I picked up some BTC this morning around the €7k mark
    Could have got it a bit less but in grand scheme of things it’s not bad


  • #2813
    Dohnjoe
    Registered Users, Registered Users 2 Posts: 19,030 ✭✭✭✭Dohnjoe


    To get a bit of context

    https://www.coindesk.com/bitcoins-sharp-price-drop-may-have-been-prompted-by-100m-scam-selloff

    A bit like ICO's panic selling Eth late 2018, we may have scammers dumping a lot of BTC. Which can be looked at both ways.

    However in actual scary news, my bank (part of a major group) has stopped doing business with quite a few fiat crypto on-ramps. The reasoning is that these (fiat crypto exchange) accounts have been identified as a key loss of customer funds via fraud, aka fraudsters are emptying bank accounts via crypto exchanges rather than to other bank accounts.


  • #2814
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    unkel wrote: »
    You're buying every week no matter what the value is :p :pac:

    I thought I bought the dip in some ordinary shares last Monday after the pretty dramatic fall during the week before. Except it wasn't the dip yet :o

    Can’t get enough of the stuff.


  • #2815
    Lex Luthor
    Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Once bitcoin hits the $14k mark, mass fomo will take over


  • #2816
    maninasia
    Registered Users, Registered Users 2 Posts: 4,635 ✭✭✭maninasia


    Lex Luthor wrote: »
    Once bitcoin hits the $14k mark, mass fomo will take over

    That's not something you need to worry about for a while. I continue to accumulate ethereum which is far more interesting.


  • #2817
    themossinator
    Registered Users, Registered Users 2 Posts: 126 ✭✭themossinator


    Addison Fancy Macrame wrote: »
    Bitcoin has outperformed equities for 9/10 years, uncorrelated.

    and? what's it doing at the moment? safe havens are bonds and vix, not btc lol


  • #2818
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Pomp had PlanB on today's Off The Chain podcast, after the first 3 minutes of ads it's excellent, great to hear the BTC S2F theory from the main man himself.


  • #2819
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Guess who's buying the dip


  • #2820
    jimmii
    Registered Users, Registered Users 2 Posts: 14,810 ✭✭✭✭jimmii


    Addison Fancy Macrame wrote: »
    Guess who's buying the dip

    All of us? First time in a while I've topped up. If nothing else it's very interesting to see what happens definitely a time to learn a lot.


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  • #2821
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Nope! Needs to retest last low which was 2900 dollars iirc, eth 80 etc.. interesting times.


This discussion has been closed.
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