nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

Child Item

Is anyone else starting to become a bit excited?

q85dw7osi4lebg

As per title, have we reached the bottom ?

Don't think we'll see the likes of $3200 ever again.

$5150 at time of posting.

Back in the mainstream media once more.

Find more posts tagged with

Quick Links

Comments

Bus Wanker

Bob24 wrote: »

If you are taking able crypto-assets, you can directly transfer them from one exchange to another.

If you are talking euros or dollars, then you need to withdraw to your bank account from the old exchange and then transfer it to the new one.

Yeah was just gonna sell the alt coins I have and move to coinbase to buy eth or bitcoin and leave for the next few years. I just remember transferring bitcoin was expensive so the thing to do was convert to litecoin first

Whelo79

Addison Fancy Macrame wrote: »

Chilling at $19,750 while the world sleeps on it.

The world ain't sleeping no more. She's awake and causing chaos!

Bob24

Bus Wanker wrote: »

Yeah was just gonna sell the alt coins I have and move to coinbase to buy eth or bitcoin and leave for the next few years. I just remember transferring bitcoin was expensive so the thing to do was convert to litecoin first

Ah Ok. Yes a Bitcoin transaction will be more expensive than an XRP one for exemple. I guess whether it matters it depends on the total amount you are transferring.

[Deleted User]

ETH is on the ride too

jimmii

Woosh!!

jimmii

Interesting to see if it holds. Hopefully now its cleared out a lot of the sell orders that were set around the 20 mark and can just crack on for a bit.

Lex Luthor

lockdowns seem to be great for BTC

Bus Wanker

Bob24 wrote: »

Ah Ok. Yes a Bitcoin transaction will more expensive than an XRP one for exemple. I guess whether it matters it depends on the total amount you are transferring.

Yeah it's probably not worth thinking about. Id say the value on binance is 500-1000. Thanks for the help.

Lex Luthor

jimmii wrote: »

Interesting to see if it holds. Hopefully now its cleared out a lot of the sell orders that were set around the 20 mark and can just crack on for a bit.

i wouldnt be surprised if it pulled back below 20k before the end of the year before we go into xmas

Holiday seasons generally tend to coincide with sell offs

Irish_rat

Bus Wanker wrote: »

Hey guys, sorry to detail the chat a little. Been a few years since I looked at what I had. What the easiest/cheapest way to transfer from binance to coinbase. I remember years ago it was to convert everything to litecoin on binance and then move across. Is it still the same ? Thanks.

Good question, a website on fees would be worthwhile but I imagine if you do a swap on binance you are effectively paying the network fee to convert to something like xrp before sending it to Coinbase.

If eth for example hit 10k the network fee will be 50 quid. You definetly don't want to be moving it around too much by then

q85dw7osi4lebg

Lex Luthor wrote: »

i wouldnt be surprised if it pulled back below 20k before the end of the year before we go into xmas

Holiday seasons generally tend to coincide with sell offs

Yes could easily happen, but it'll sure be easier to pass it once again if and when that does happen. Psychological barrier has been lifted.

Donegal1234

Bus Wanker wrote: »

Hey guys, sorry to detail the chat a little. Been a few years since I looked at what I had. What the easiest/cheapest way to transfer from binance to coinbase. I remember years ago it was to convert everything to litecoin on binance and then move across. Is it still the same ? Thanks.

Think XLM is the cheapest way to transfer. Xlm fees on binanace are tiny. And is relatively quick aswell.

jimmii

Addison Fancy Macrame wrote: »

Yes could easily happen, but it'll sure be easier to pass it once again if and when that does happen. Psychological barrier has been lifted.

Yeah now its been crossed you would imagine it'll be smoother sailing next time.

Thargor

No way we don't see 30k BTC now, get up there ETH...

cnocbui

I predicted this in May. https://www.boards.ie/vbulletin/showpost.php?p=113605166&postcount=1456

Lex Luthor

Bob24 wrote: »

(I was just commenting based on other posters saying it would be censorship resistant).

if you have a youtube channel which is constantly getting strikes for mentioning certain words/phrases/topics and you have a big following, then I can see why this could benefit those, I'm not one so its not somewhere I'll be checking regularly but I have watched a stream or 2 on there so it wasnt an issue

for me its an unique project

They have a good team behind them and one of their advisers is Steve Chen, former co-founder of youtube

They are partnered with Sliver TV which is an esports gaming platform with a massive online audience
Online gaming now is probably the fastest growing sport in the world

It also has the potential for projects that are built on the ETH blockchain to be ported over to the Theta network as they both use the same language
Much cheaper fees and faster transaction speeds

They have also partnered with Chainlink to work on trying to eliminate fraud with video advertising

Lex Luthor

Donegal1234 wrote: »

Think XLM is the cheapest way to transfer. Xlm fees on binanace are tiny. And is relatively quick aswell.

Not one I've transferred much so cant comment on XLM

2 of the fastest I've experienced are XRP & DGB

fees were tiny aswell

Truckermal

Addison Fancy Macrame wrote: »

Congratulations fellow hodlers

Don't mind him it's all a scam buy YFFS instead.......:D

grindle

Irish_rat wrote: »

If eth for example hit 10k the network fee will be 50 quid. You definetly don't want to be moving it around too much by then

If ETH hits $10k before it hits 1k tx/s my pants will explode off my body super Saiyan-style

q85dw7osi4lebg

https://youtu.be/LyYBrywHmvg

Stormington

grindle wrote: »

If ETH hits $10k before it hits 1k tx/s my pants will explode off my body super Saiyan-style

10k? What makes you think it'll 7x its previous ATH?

Psychological barrier has been lifted.

Ryan Tubridy is the reversal point. Remember that.

cnocbui

Addison Fancy Macrame wrote: »

https://youtu.be/LyYBrywHmvg

Russel Crowe did better in 'A Good Year".

grindle

Stormington wrote: »

10k? What makes you think it'll 7x its previous ATH?

I don't think it will for a long while (I'd say 4-8 years, could happen in 12 or 2), but the speculative side of crypto makes stupid things happen faster than necessary.
"It could do this!"
Yeah, in a few years, if there are no tech roadblocks.

If your question is more about "Why would Ether be worth any amount at all?" whilst thinking it's just a same-but-different competitor to BTC then there's a lot of reading to do. Bitcoin is designed to be an inflation sponge and despite money going up right now, I think it's underperforming (yet still overvalued). BTC's real ATH will be hit once it's past $21.5k when you factor in inflation since 2017. Which I think is a given soon, even though I'm no BTC-bull.
US debt increased by some phenomenal amount this year (near 20%?), BTC barely raised in comparison. The real money sponge this year was the top 5 tech stocks, BTC is a ways off challenging proven globe-dominating businesses.

Ethereum is a multi-decade thing, not trying to be a store of value but trying to be a fuel for valuable transactions down to the most minute of values and is looking likely to be BTC's most reliable Layer 2 solution (seeing as people are fixated on wealth being held in BTC but also want to transact using BTC but without €50 fees once it gets clogged.) BTC heads even seem to be coming around to the idea, they're defaulting more each day to a position of "Yeah, well if that's how we move our unmovable coin then that's okay now. Oh cool, I can leverage and loan my BTC against many things on Ethereum! Weeee!". Vastly different to 3-4 years ago.

Not gonna be Lightning that scales it anyway, it's the crypto equivalent of being on a private torrent tracker where you have to maintain your ratio and only allow certain amounts, it's very messy, too many problems, too much self-reliance for normal humans & lost BTC in it's short time alive. When people want to transact they can drop X amount either via custodial services that allow you to use Ethereum or via whatever bridge Polkadot or any equivalent builds - which is still custodial but in the hands of many partners who don't want to screw each other over vs in the hands of one company who could have one person with one key and scam off with your money.

Besides that, we're still years away from a good UX which isn't centred around a behemoth custodial service like PayPal - which subtracts 99% of normal people using it, still nerd money no matter what your chosen sh1tcoin is.

One thing that comes up too rarely on the Bitcoin subs (but it does come up occasionally) - if BTC is challenging traditional money or markets in any reasonable way in the future, something very bad has happened and hyperinflation is on the cards if not already happening. Even if you're BTC rich in that instance, either something gravely bad has happened or Q.E. has become so much of a norm beyond what it already has that people are pushing spare money into a speculative asset as a safety feature for value - which we're all doing unless we're just degenerate gamblers *cough*.
Great for people who've been buying earlier, worrying for the world at large.

jimmii

Insert fire emoji.

Wombatman

Flickr-wee-choo-choo-train-by-jelene.jpg?f=default&$p$f=e7416b9

grindle

insert crash emoji
Too much positivity with no normies buying in. Whenever the train stops the 30-40% drop is gonna be hilarious.

Bob24

grindle wrote: »

insert crash emoji
Too much positivity with no normies buying in. Whenever the train stops the 30-40% drop is gonna be hilarious.

It is sound logic and for sure this is one of my scenarios in the short term. But I don’t think it is a given at all.

It is now very clear that *a lot* of institutional money is fuelling this rally, with institutional interest rising by the day. This inflow could prevent such a deep crash.

grindle

Bob24 wrote: »

It is sound logic and for sure this is one of my scenarios in the short term. But I don’t think it is a given at all.

It is now very clear that *a lot* of institutional money is fuelling this rally, with institutional interest rising by the day. This inflow could prevent such a deep crash.

I'm not saying a crash from now, even if it might happen. But if it starts hitting past 25-30k...beyond...? Has to happen sometime. I think, anyway. $30k is >7x for people buying stuff when it was $4k, it's hard for people who got in 1 year prior to not sell off if they went from €1000 to a nice second hand car.

Dohnjoe

Very strange bull run, reminds me much more of the early 2017 run rather than the insane late year one.

The alts outside the top 25/50 haven't done much, just tagging along, will be interesting to see if they start to take off at some stage.

q85dw7osi4lebg

grindle wrote: »

insert crash emoji
Too much positivity with no normies buying in. Whenever the train stops the 30-40% drop is gonna be hilarious.

I don’t know if hilarious is going to be the word. I’ve bought pretty much every single dip in almost 3 years and I’m doing ok, dips are gifts.