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Is anyone else starting to become a bit excited?

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Comments

  • Registered Users, Registered Users 2 Posts: 32 Theman343


    Less than an hour until all options expire.

    My body is ready.

    What do you reckon it will go up to ?


  • Registered Users, Registered Users 2 Posts: 15,067 ✭✭✭✭ShaneU


    Theman343 wrote: »
    What do you reckon it will go up to ?

    1 Quadrillion

    I have 10 yachts ordered


  • Registered Users, Registered Users 2 Posts: 514 ✭✭✭BrandonBay86


    Theman343 wrote: »
    What do you reckon it will go up to ?

    $90,000 before Christmas.

    Just my opinion though. Could be $5000.


  • Registered Users, Registered Users 2 Posts: 691 ✭✭✭jmlad2020


    $20,000,000 bitcoin by July 15th 2031.


  • Registered Users, Registered Users 2 Posts: 514 ✭✭✭BrandonBay86


    jmlad2020 wrote: »
    $20,000,000 bitcoin by July 15th 2031.

    Absolutely. €3000 will buy you a pack of biscuits.


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


    FYI Coinbase earn have a new earn campaign out today. Free 6 dollars of UMA for watching a few videos.

    Nice one


  • Registered Users, Registered Users 2 Posts: 40,416 ✭✭✭✭Mellor


    When I give an opinion on potential drops it’s from my own technical analysis. It’s shunned in here but I enjoy it.

    I’ve been buying Bitcoin for over 3 years and I like to draw lines.

    We could hit 10k next week, who knows.
    Talking about 5k, 10k doesn’t sound like technical analysis. Sounds like throwing out numbers. Comes across a bit salty tbh.

    FWIW predicting a number you think it will hit is not the same as highlighting a range that it could hit.


  • Registered Users, Registered Users 2 Posts: 18,209 ✭✭✭✭Thargor


    Good article about a guy trying to get back into a Trezor after he forgets the pin and seed:

    https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/


  • Posts: 77 ✭✭ [Deleted User]


    Thargor wrote: »
    Good article about a guy trying to get back into a Trezor after he forgets the pin and seed:

    https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/

    That was a great read.


  • Registered Users, Registered Users 2 Posts: 514 ✭✭✭BrandonBay86


    Mellor wrote: »
    Talking about 5k, 10k doesn’t sound like technical analysis. Sounds like throwing out numbers. Comes across a bit salty tbh.

    FWIW predicting a number you think it will hit is not the same as highlighting a range that it could hit.

    Yes I’m incredibly salty for buying bitcoin weekly since very low 4 figures. I’ve provided my charts with TA in the past and got laughed at. I’m a hodler, I only do the TA for the fun of it.

    You either argue with everybody in here for sh1ts & giggles or you genuinely don’t know what you’re talking about.

    You don’t have to have a crack at someone every time they share an opinion. Let it go over your head man and you’ll be more relaxed.


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


    We all like a bit of positive thinking but come on, delusional to say the least.
    Theta 1,000,000,000 in circulation.
    So you really believe it will hit a conservative $30 for 2021?
    $30B would put it today at rank 7 in marketcap.
    Porsche SE Market cap: $31.48 B
    Toyota Industries Market cap: $30.50 B
    Hapag-Lloyd Market cap: $30.30 B
    ArcelorMittal Market cap: $29.89 B

    $60/70B would have it at rank 3.
    Adidas Market cap: $67.23 B
    BMW Market cap: $63.45 B
    Heineken Market cap: $61.69 B
    So Theta is going to be worth the same or more than these household names?
    Get some perspective, Amazon in 2014 paid $970 million in cash for Twitch.

    BTC has a market cap of 1T without any promotion or marketing, there's a bit of perspective for you

    We'll ignore that Google, Binance, Sony & Samsung all run Validator nodes, not to mention Sierra Ventures, Heuristic, GVR Fund & Venture all jumping on board

    Theta quietly got into the top 10 recently and is still not on a lot of retail radars


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Lex Luthor wrote: »
    BTC has a market cap of 1T without any promotion or marketing, there's a bit of perspective for you

    We'll ignore that Google, Binance, Sony & Samsung all run Validator nodes, not to mention Sierra Ventures, Heuristic, GVR Fund & Venture all jumping on board

    Theta quietly got into the top 10 recently and is still not on a lot of retail radars

    I shall peer into my crystal ball
    Theta will top out in two weeks
    then a slow bleed back to $5-6 range
    compare viewer and view count on theta.tv to twitch.tv


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


    Anyone use mode (https://modeapp.com/) at all by any chance? Just came across it and looks like they're paying 5% interest on btc. I guess they're using that to bring in new users but seems decent. At first thought there must be something up with it but it's a listed company so looks pretty legit!


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    I know most of you don't give two ****s about whitepapers, but in my slightly biased opinion this is the most beautiful Whitepaper I've ever seen.

    https://axion.network/AxionWhitepaper.pdf


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    jimmii wrote: »
    Anyone use mode (https://modeapp.com/) at all by any chance? Just came across it and looks like they're paying 5% interest on btc. I guess they're using that to bring in new users but seems decent. At first thought there must be something up with it but it's a listed company so looks pretty legit!

    I haven’t came across that one before so no particular opinion (interesting to see a UK entity going into this though, but it seems too new for me to trust it with any large amount).

    In case you might not be aware of all of them though, if you are looking for yield there are a number large enough and probably more established players offering something similar: Celsius Network, Crypto.com, BlockFi, Nexo.


  • Registered Users, Registered Users 2 Posts: 2,577 ✭✭✭Irish_rat


    I shall peer into my crystal ball
    Theta will top out in two weeks
    then a slow bleed back to $5-6 range
    compare viewer and view count on theta.tv to twitch.tv

    Think you are way off the mark, theta will be top 6 this year. Massive money coming in, that's why mainnet 3.0 was pulled back.

    Viewer count is irrelevant, it's about the network sharing effect. Edge computing. They will also be one the biggest NFT marketplaces


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Bob24 wrote: »
    I haven’t came across that one before so no particular opinion (interesting to see a UK entity going into this though, but it seems too new for me to trust it with any large amount).

    In case you might not be aware of all of them though, if you are looking for yield there are a number large enough and probably more established players offering something similar: Celsius Network, Crypto.com, BlockFi, Nexo.

    Read somewhere BlockFi have some type of connection to Greyscale, cant see them being associated with scammers, it would damage their reputation too much


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Irish_rat wrote: »
    Think you are way off the mark, theta will be top 6 this year. Massive money coming in, that's why mainnet 3.0 was pulled back.

    Viewer count is irrelevant, it's about the network sharing effect. Edge computing. They will also be one the biggest NFT marketplaces
    Top 6 is $30+ per THETA???
    Here is why i think it will bleed out slowly over the summer.
    Telecom and ISP have close connections to politicians in the states, they give them a lot of donations.
    These companies would see their network become congested by THETA being used to stream video from "home servers", they have invested billions of $$$ in their network, and expect to get a return, THETA wants to clog their network without paying?
    A few words with politicians and THETA will be screwed, you can see that ISP limit bittorrent, they will do the same to THETA, they will strangle it before it gets up and running in a big way, THETA will end up paying for their own servers to stream video, so no different than Twitch/Youtube.
    Nothing to stop Twitch/Youtube from rewarding their own version of TFuel

    TLDR: ISP paid big money to build network, THETA want to use it without paying, ISP will strangle it and force THETA to run own servers, so no different to incumbent market leaders.


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Whelo79 wrote: »
    I know most of you don't give two ****s about whitepapers, but in my slightly biased opinion this is the most beautiful Whitepaper I've ever seen.

    https://axion.network/AxionWhitepaper.pdf

    Whiff of Ponzi off it


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Sure we are still waiting for poineerpro to give us a pick and the reasons why it will make us money.
    Get the feeling we will be waiting a long time.

    Give me a A
    Give me a N
    Give me a K
    Give me a R

    Certain postErs Looking foR a moon mission will get on this rocket!

    Hope some of you picked up these two , both pumping with great vigor.
    With Optimism delayed i would think the second pick could pick up some interest from potential users.
    https://cryptomoneyteam.co/2021/03/26/optimism-postpones-ethereum-l2-scaling-solution-launch/


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  • Posts: 77 ✭✭ [Deleted User]


    Hope some of you picked up these two , both pumping with great vigor.
    With Optimism delayed i would think the second pick could pick up some interest from potential users.
    https://cryptomoneyteam.co/2021/03/26/optimism-postpones-ethereum-l2-scaling-solution-launch/

    I got in on ANKR with a small bag about six months ago and forgot about it as it seemed to tank. Then it resurrected and has done x20 for me.

    Any word on Arbitrum and if they will release a coin that can be invested in? I saw that Offchain Labs were doing a lot of testing, but couldn't see anything that could be easily invested in,


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


    Bob24 wrote: »
    I haven’t came across that one before so no particular opinion (interesting to see a UK entity going into this though, but it seems too new for me to trust it with any large amount).

    In case you might not be aware of all of them though, if you are looking for yield there are a number large enough and probably more established players offering something similar: Celsius Network, Crypto.com, BlockFi, Nexo.

    Interesting to see an LSE listed company offering it though that obviously comes with with lot more scrutiny. How does 5% stack up generally compared to others? Hard to see how 10%+ is that sustainable with others surely? Figured this was just a marketing ploy as much as anything else.


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    jimmii wrote: »
    Interesting to see an LSE listed company offering it though that obviously comes with with lot more scrutiny. How does 5% stack up generally compared to others? Hard to see how 10%+ is that sustainable with others surely? Figured this was just a marketing ploy as much as anything else.

    5% is quite decent but not best in class for BTC. Stablecoins can yield much higher (over 10%).

    There is a level of marketing offers by some players, but this can’t last long as essential this means burning VC money at a massive rate to attract deposits (I suspect this is why BlockFi just adjusted their tiers).

    The other reason for high yields simply is that there is good demand for crypto borrowing for activities which typically commend high interest rates (leveraged trading) and there is no central bank to manipulate rates. But of course, if the amount of people depositing crypto to get those yields is rising faster than the borrowed amount (which is likely) rates will go down.

    Celsius are adjusting rates each week and are claiming to be redistributing 80% of profits to depositors without subsidising rates with VC money. So if you believe them, their rates give a good measure of what kind of yields are currently allowed by market conditions.


  • Registered Users, Registered Users 2 Posts: 222 ✭✭bosco12345


    Top 6 is $30+ per THETA???
    Here is why i think it will bleed out slowly over the summer.
    Telecom and ISP have close connections to politicians in the states, they give them a lot of donations.
    These companies would see their network become congested by THETA being used to stream video from "home servers", they have invested billions of $$$ in their network, and expect to get a return, THETA wants to clog their network without paying?
    A few words with politicians and THETA will be screwed, you can see that ISP limit bittorrent, they will do the same to THETA, they will strangle it before it gets up and running in a big way, THETA will end up paying for their own servers to stream video, so no different than Twitch/Youtube.
    Nothing to stop Twitch/Youtube from rewarding their own version of TFuel

    TLDR: ISP paid big money to build network, THETA want to use it without paying, ISP will strangle it and force THETA to run own servers, so no different to incumbent market leaders.

    Looking forward to coming back to this in a couple of years when Theta is a couple hundred bucks 😉


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    Whiff of Ponzi off it

    What ponzi scheme gives you biweekly dividends?

    You could class BTC as a ponzi. Buy it and hope to sell it for a higher price. It offers nothing else to the holder other than speculation.


  • Registered Users, Registered Users 2 Posts: 3,045 ✭✭✭KilOit


    Great analysis video on Algorand, i'm buying the dips on this coin a lot now and seriously considering to add another cash buy into it, I haven't transferred cash to Cyrpto since early 2017 so I'm pretty confident on the future of this coin


  • Registered Users, Registered Users 2 Posts: 283 ✭✭timeToLive


    KilOit wrote: »
    Great analysis video on Algorand, i'm buying the dips on this coin a lot now and seriously considering to add another cash buy into it, I haven't transferred cash to Cyrpto since early 2017 so I'm pretty confident on the future of this coin


    Don't like the presentation of the video but as for algorand.. scalable, secure and decentralized. has the backing of an award winning cryptographer. in theory it's a clear winner if it proves it's security over time.


    only questions I have would be can it scale even better?


  • Registered Users, Registered Users 2 Posts: 2,449 ✭✭✭Rob2D


    I had ALGO for a while but it just goes sideways so I got rid of it. Great project no doubt but this bullrun might not be it's time to shine.


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Dobbytoes wrote: »

    Any word on Arbitrum and if they will release a coin that can be invested in? I saw that Offchain Labs were doing a lot of testing, but couldn't see anything that could be easily invested in,
    Its not the most popular round here, but soon they will FOMO into it in a big way, a bit of research will show ETH core developers are tweeting excited about Arbitrum, the main rival Optimisim is delayed until who knows
    https://twitter.com/EdFelten/status/1299442777709830145


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  • Registered Users, Registered Users 2 Posts: 40,416 ✭✭✭✭Mellor


    Whelo79 wrote: »
    What ponzi scheme gives you biweekly dividends?

    You could class BTC as a ponzi. Buy it and hope to sell it for a higher price. It offers nothing else to the holder other than speculation.
    Doesn't that describe all speculative investing?
    Currency, futures, art, whiskey, wine. Even stocks a lot of the time.

    That's not what a ponzi scheme is though
    A ponzi is the payment of fake returns/dividends to early investors via invested funds from later investors.


This discussion has been closed.
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