Is anyone else starting to become a bit excited?

makeorbrake · 07-05-2020 06:44PM

Addison Fancy Macrame wrote: »

Bullish

https://www.bloomberg.com/news/articles/2020-05-07/paul-tudor-jones-buys-bitcoin-says-he-s-reminded-of-gold-in-70s?utm_source=google&utm_medium=bd&cmpId=google

Its good to consistently see the macro guys come onboard. They're the ones who have spent their careers looking at the bigger picture and developing trends - spotting the disruption before the herd.

jimmii · 07-05-2020 07:43PM

Addison Fancy Macrame wrote: »

100%, we are running up way too fast.

Yeah hard to see this run stopping before 10.

FFVII · 07-05-2020 08:31PM

Anybody using electrum as a wallet?

Grumpypants · 07-05-2020 08:57PM

There was a huge sell off at 9k but it hasn't really dampened it. It took a hit but started building almost right away again. Great sign.

cnocbui · 07-05-2020 08:58PM

FFVII wrote: »

Anybody using electrum as a wallet?

Yes.

jimmii · 07-05-2020 09:28PM

Looks like it only just rejected $10k. What do we think pop to $10.1ish then drop to mid to low 9s? Or just keep going?

FFVII · 07-05-2020 09:35PM

cnocbui wrote: »

Yes.

Recommended so. Any tips?

I need to take mine off platform. Stop loss etc are handy on platform though.

cnocbui · 08-05-2020 12:12AM

Yes, I would recommend it. it works fine and does the job and has a good track record. It's very straightforward so I can't think of any tips other than writing down your pass phrase on paper and keeping it in a safe place.

makeorbrake · 08-05-2020 06:37AM

Addison Fancy Macrame wrote: »

Bullish

https://www.bloomberg.com/news/articles/2020-05-07/paul-tudor-jones-buys-bitcoin-says-he-s-reminded-of-gold-in-70s?utm_source=google&utm_medium=bd&cmpId=google

Just in case anyone is interested, Paul Tudor Jones' letter to investors is here.

There's a lot in it - for those that don't have the time, do a Ctrl+F on Bitcoin to get to the juicy bits.

jimmii · 10-05-2020 02:18PM

That was a dramatic drop off! Was that a miners pump and dump selling off before getting out post halving possibly?

Donegal1234 · 10-05-2020 02:20PM

jimmii wrote: »

That was a dramatic drop off! Was that a miners pump and dump selling off before getting out post halving possibly?

I know at the time of dump Coinbase crashed(shock) might have led to it. Other then that more then likely miners cashing out before halving.

cnocbui · 10-05-2020 02:25PM

jimmii wrote: »

That was a dramatic drop off! Was that a miners pump and dump selling off before getting out post halving possibly?

Have a look at the volume. Weekends are often a bit weird and I don't think are a good indication of the underlying market.

Lex Luthor · 10-05-2020 02:55PM

More than likely miners dumping and some profit taking before halving

2,000 BTC were sent to Binance shortly before coinbase went down
Bit dirty of coinbase to go down during the dip but they are famous for it

It’s a beautiful thing to have it now
Hopefully back up next week

The price is literally what it was about a week ago

Arrival · 10-05-2020 03:03PM

Hopefully another bit of a dip over the next week or two to pick up some more,

Bob24 · 10-05-2020 03:08PM

Lex Luthor wrote: »

Bit dirty of coinbase to go down during the dip but they are famous for it

Yeah at this stage it is getting a bit difficult for them to claim it is due to unforeseen technical circumstances ... unless they are saying they have a serious lack of foresight :-D

JohnnyFlash · 10-05-2020 04:33PM

Why isn’t coinmarketcap showing Tether’s real market cap? CMC shows their being 6.36 billion tethers in circulation, when it’s actually closer to 8.5 billion. It briefly overtook XRP last night to become the third most valuable cryptocurrency.

rapul · 10-05-2020 04:44PM

Who cares, you don't, back to your port with ya!

Lex Luthor · 10-05-2020 06:41PM

Arrival wrote: »

Hopefully another bit of a dip over the next week or two to pick up some more,

I'd be happy with a €3 chainlink again to grab some more

unkel · 10-05-2020 08:48PM

I didn't realise the halvening literally meant that the value of BTC would go down by half :eek:

Grumpypants · 10-05-2020 09:13PM

Prob be a 30% drop this week as people sell the news after the halving doesn't moon. It's next September really when we should see the uptick.

q85dw7osi4lebg · 10-05-2020 11:20PM

I reckon that drop was also a case of exchanges liquidating those with high leverage prior to the halving. As the price falls fast more and more leveraged longs get rekt. Nevertheless, we're the same price as we were a week ago.

Missed the bottom because Coinbase played their usual games but got a good lump more there at 8.5k. Did Kraken stay up?

Looking forward to midnight tomorrow when absolutely nothing happens. Excited to see how the next 6 months play out, my guess is a fair period of dumping & consolidation.

Lex Luthor · 11-05-2020 07:11AM

Addison Fancy Macrame wrote: »

Missed the bottom because Coinbase played their usual games but got a good lump more there at 8.5k. Did Kraken stay up?

.

afaik yes Kraken stayed up

I now have 4 options to cash out if I need to
Kraken
Binance
Bittrex
and Uphold Wallet

Lex Luthor · 11-05-2020 07:23AM

so today is the day for the BTC halving

for anyone who is wondering what its all about, here's a fairly basic explanantion

https://www.buybitcoinworldwide.com/bitcoin-clock/

Bummer1234 · 11-05-2020 08:55AM

Lex Luthor wrote: »

https://www.buybitcoinworldwide.com/bitcoin-clock/

Reading that there was a Bitcoin Halving Party in Dublin, Where was that? Any excuse for a few cans! :P

q85dw7osi4lebg · 11-05-2020 04:04PM

Best of luck HODLers, sit tight.

JohnnyFlash · 11-05-2020 04:56PM

Bummer1234 wrote: »

Reading that there was a Bitcoin Halving Party in Dublin, Where was that? Any excuse for a few cans! :P

rapul · 11-05-2020 04:57PM

You and ur epic mates aye Johnny? Although u must be taking the pic, hodl tight meng

Truckermal · 11-05-2020 06:15PM

rapul wrote: »

You and ur epic mates aye Johnny? Although u must be taking the pic, hodl tight meng

No can's of Guinness to be seen so I doubt it....:D

JohnnyFlash · 11-05-2020 06:57PM

Truckermal wrote: »

No can's of Guinness to be seen so I doubt it....:D

Easing off on the cans, dude. Had a reason to celebrate on Friday as that Paolo dude from Tether banned me on Twitter. They printed another 100 million an hour ago. 2 billion printed in the last month.

makeorbrake · 11-05-2020 07:12PM

Just in case anyone is interested in the effect that tether is alleged to have had on the market, here's an interesting podcast. What there isn't any debate about is that every central bank on the planet is printing off magic money - and that this is having an effect on conventional global markets.

Is anyone else starting to become a bit excited?

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