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

Are we excited yet?

Nody

Mod:
Continuation of Is anyone else starting to become a bit excited?

Find more posts tagged with

Quick Links

Comments

bfa1509

Donald Trump wrote: »

What makes you think anyone gives a shite what you buy or don't buy? It's an anonymous forum.

I give a sh!te. He's reminding us of our obligation to invest, as not doing so is considered financially negligent.

Donald Trump

BrandonBay86 wrote: »

For the sake of annoying a few low iq heads in here I’ve acquired an additional 2,000,000 sats at approx $32,800.

What makes you think anyone gives a shite what you buy or don't buy? It's an anonymous forum. People may take an interest, but I doubt anyone will get annoyed by anything another poster does with their own money

BrandonBay86 wrote: »

Saylors average buy in about to get tested it would seem. Some man for one man though.

The man is leveraging the fuck out of his business and exposing plenty of other people to a lot of risk. Some of them are active participants in taking that on, and some are not.

Dohnjoe

Piehead wrote: »

Is this Dogecoin any good at all?

Like most crypto it doesn't do jack ****, but it caught a string a nice luck. First of all it got a TikTok pump, kids buying it. Then while generally doing well during this bull run it started to pump right at the same time the world was learning about Gamestop and Wall Street Bets, then Elon was tweeting about it. When a crypto gets enough "publicity" that your mother is asking about it, it doesn't need to do anything or have any fundamentals, it will just go stratospheric. Cycles of FOMO.

If there's a bear run and it drops 80% or so, then might not be a bad one to pick up when no one's talking about any of this stuff. In a future run, due to all that previous publicity, and how easy it is to buy (it's available everywhere), then it could do well again.

[Deleted User]

Piehead wrote: »

Is this Dogecoin any good at all?

Yeah its class

Piehead

Is this Dogecoin any good at all?

Dohnjoe

Maybe there'll be a sudden "second" bull run and buck all the trends

Either way, just open up the long term chart for e.g. Ethereum
https://www.livecoinwatch.com/price/Ethereum-ETH

Note how incredibly similar it is when compared to the last bull. It's like a mirror. Also note how the best time to buy is on the long flat of the bear runs and nowhere near either bull run.

The past isn't an indication of the future, but in a market that is largely based on herd psychology, the past sure does repeat itself a lot, to the point that many predicted this latest bull run (approx. 3.5 years after the last, which was 3.5 after the previous)

Bob24

Yes - no-one can guarantee there will be another bull run. But if one thinks a bull run is coming, now is a good time to accumulate.

Dohnjoe

Some of us bought BTC when it was $100 in 2013, bought in the depths of 2015, bought when it dropped 90% in 2018. If people want to buy on either side of the peak of an insane bull, okay, but expand any graph from the past and those are the worst times to buy in terms of maximizing profitability. With a small amount of patience/brain it's been possible to make 10x or 20x in this instead of DCA'ing to scrabble after 2x or 3x.

Of course there may never be another deep bear, but in that same vein there are no guarantees of another bigger bull.

One thing is for certain, when this forum goes dead, and the moonboys are no longer giving DCA updates because they are so deep in the red - that is always the best time to buy

Bob24

BrandonBay86 wrote: »

For the sake of annoying a few low iq heads in here I’ve acquired an additional 2,000,000 sats at approx $32,800.

No big deal, but when expressing the acquired quantity in satoshi, it would be more logical to express the cost per unit based on satoshi as well.

The way you write it, one number (the acquired quantity) is explicitly denominated in satoshi and the other number (the cost per unit) is denominated in bitcoin without clearly specifying it. Of course someone who is familiar with this space gets it, but I can get how it is confusing for someone who isn't as familiar.

BrandonBay86

For the sake of annoying a few low iq heads in here I’ve acquired an additional 2,000,000 sats at approx $32,800.

Saylors average buy in about to get tested it would seem. Some man for one man though.

Dohnjoe

sparrowcar wrote: »

Great bargains to be had in the Monday morning sales..... :rolleyes:

Oh I'm waiting, will wait through the half-price sales too. Just interested in the fire sales and liquidations.

shawki

sparrowcar wrote: »

Great bargains to be had in the Monday morning sales..... :rolleyes:

Gotta get that $40 ICP! :pac:

sparrowcar

Great bargains to be had in the Monday morning sales..... :rolleyes:

grindle

FFVII wrote: »

https://www.coindesk.com/wrapped-btc-bitcoin-supply

Those are phenomenal numbers.

The number of bitcoins locked on the Ethereum blockchain via wrapped bitcoin...has increased to a record 189,000 BTC

Hopefully someday it can compete with Lightning Netw...oh.

FFVII

massdebater wrote: »

Not my first time saying it either! Getting close to 10% of everything I own is in eth, don't want to go much higher than that.

Can't help but feel like the delay in the eth 2.0 rollout has been good for ethereum with no one else really taking full advantage.

Thought Binance would step up but they've had some shadiness going on, Polygon looked good as a layer2 but had issues during the week, Cardano/Polkadot/Algo/others look promising but have been slow to get going too.
If the ethereum upgrades work like they're meant to, it's hard to not see it being even more dominant

https://www.coindesk.com/wrapped-btc-bitcoin-supply

massdebater

BrandonBay86 wrote: »

Every week I say that’s me maxed out but then I remember it’s not possible to stop accumulating.

Not my first time saying it either! Getting close to 10% of everything I own is in eth, don't want to go much higher than that.

Can't help but feel like the delay in the eth 2.0 rollout has been good for ethereum with no one else really taking full advantage.

Thought Binance would step up but they've had some shadiness going on, Polygon looked good as a layer2 but had issues during the week, Cardano/Polkadot/Algo/others look promising but have been slow to get going too.
If the ethereum upgrades work like they're meant to, it's hard to not see it being even more dominant

BrandonBay86

massdebater wrote: »

Picked up more Eth at $2150, that's me pretty much maxed out now

Every week I say that’s me maxed out but then I remember it’s not possible to stop accumulating.

Thargor

massdebater wrote: »

Picked up more Eth at $2150, that's me pretty much maxed out now

Brought my trading pile back up to full an hour ago aswell.

Potatoeman

cnocbui wrote: »

Given it was announced by the CFO of Tesla officially, it most likely happened unless the CFO is feeling like answering an SEC please explain and facing penalties for misleading the markets.

Fair enough.

Everone is talking about Elon when Vitalik gave his sh*t coin to COVID relief in India. I like Elon for what he’s achieved but really don’t want to see someone topping themselves over doge.

massdebater

Picked up more Eth at $2150, that's me pretty much maxed out now

fritzelly

bfa1509 wrote: »

Looks like it's going to be a nervy week for Ethereum. There will be over 3 billion worth of options contracts for $2200 (currently at 2221) expiring this time next week (25th June). If it doesn't pick up before then we're in for some dark days ahead.

https://ambcrypto.com/why-is-june-25-critical-for-ethereum/

Yet another reason bitcoin and ether need to detach for the sake of those who are holding either or both.

Only nervy for those that are not holding Eth

bfa1509

Looks like it's going to be a nervy week for Ethereum. There will be over 1.5 billion worth of options contracts for $2200 (currently at 2221) expiring this time next week (25th June). If it doesn't pick up before then we're in for some dark days ahead.

https://ambcrypto.com/why-is-june-25-critical-for-ethereum/

Yet another reason bitcoin and ether need to detach for the sake of those who are holding either or both.

cnocbui

Potatoeman wrote: »

Those sales don’t show on exchanges so we have to take his word for it.

Given it was announced by the CFO of Tesla officially, it most likely happened unless the CFO is feeling like answering an SEC please explain and facing penalties for misleading the markets.

[Deleted User]

One More Toy wrote: »

Anyone have any links to a good primer re:yield farming?

Stick him at 1.5 speed

https://www.youtube.com/watch?v=T9xoXwrt-Sw

Potatoeman

cnocbui wrote: »

Tesla has substantial holdings of bitcoin. Musk only sold 10% to get Tesla over the line. He will be back to shilling that whenever Tesla needs some more profits when another loss from making cars is looming.

Those sales don’t show on exchanges so we have to take his word for it.

cnocbui

Potatoeman wrote: »

He’s shilling Doge and obviously heavily invested in it. If that tanks and regular people lose money then he’ll lose his cheerleaders. If that hate spills over to Tesla and SpaceX then the SEC might be after him again and that could be the least of his worries.

Tesla has substantial holdings of bitcoin. Musk only sold 10% to get Tesla over the line. He will be back to shilling that whenever Tesla needs some more profits when another loss from making cars is looming.

Potatoeman

Bob24 wrote: »

I think many people (and even algos) don't really give any credibility to what he is saying, but yet they follow his tweets because he managed to become the most influential market troll ever (so even if you think he is a bit of a clown, you can still make money acting on his tweets). A bit like Dave Portnoy, but richer, longer lasting and more elaborate.

It might not end well, but ATM I think this is the situation.

He’s shilling Doge and obviously heavily invested in it. If that tanks and regular people lose money then he’ll lose his cheerleaders. If that hate spills over to Tesla and SpaceX then the SEC might be after him again and that could be the least of his worries.

Bob24

Potatoeman wrote: »

I don’t know why people listen to Elon Musk. It’s like people forget: https://www.sec.gov/news/press-release/2018-226

https://sec.report/CIK/0001494730/Insider-Trades

I think many people (and even algos) don't really give any credibility to what he is saying, but yet they follow his tweets because he managed to become the most influential market troll ever (so even if you think he is a bit of a clown, you can still make money acting on his tweets). A bit like Dave Portnoy, but richer, longer lasting and more elaborate.

It might not end well, but ATM I think this is the situation.

Potatoeman

I don’t know why people listen to Elon Musk. It’s like people forget: https://www.sec.gov/news/press-release/2018-226

https://sec.report/CIK/0001494730/Insider-Trades

One More Toy

Anyone have any links to a good primer re:yield farming?