$21,000 according to Microstrategy themselves.
It's utterly pointless. A waste of computing power fuelling the dreams of get rich quick prospectors.
At What level does Saylor need to liquidate?
Bitcoin down 45% over the last 12 months. Not the kind of year we had been hoping for. I'd say we're heading for €25k.
Is their nothing else only tulips
This could all end in tears like the Dutch tulip mania of 1634-37
Bear is when most Alts die.
But ignoring that, and assuming the bear is running until maybe February or even November, If I was planning on buying alts, I would be stacking now getting ready for later. But I wouldn't be buying this early. That is just imo.
And. Coincidentally. The phrase still ringing in ears, it is being repeated here
Bitcoin is going nowhere though. People who bought at the top will not be at a loss long term. Buying now is still good if you have a long term outlook, but I think we have some more to fall.
Anchoring leads to a bias in behavioural finance. It happens when people create mental anchors.
For example:
"Bitcoin was 68k a few weeks ago. Now it is 34k. Therefore it must be cheap and it will have to bounce back up"
People anchor their opinions on the fact that it was at 68k, rather than looking at it objectively. If enough people do the same, it can become self fulfilling. The music might stop though
Huh?
Anchoring will only work as long as there are enough other people making the same mistake
Everything will bleed against Bitcoin for a while I imagine. Just because an alt is down x % from an ATH, does not mean it's a good idea to buy.
There probably will be a time when alts are good to buy again, but they could h completely different alts altogether.
Just look at the top 20 from August 2019, less than 3 years ago. https://coinmarketcap.com/historical/20190804/
Please be careful with your money folks.
Why?
It is apparently getting hammered by the increase in rates and there are likely a good few more of them on the way
There were articles about your man Saylor and his pseudo-Bitcoin-hedgefund getting margin called at 21k (I know it is only on a small fraction and he can just pledge more yada yada). A few things like that happen though and people will decide to cash out.
Will enough eejits loan him money to gamble on buying more to try to prop up the price? Who knows. No doubt he would try it
Buying what? Anyone would be mad to buy alts imo.
The opposite for the top two (even then I'm sticking to BTC only).
Bitcoin only
Markets are in bad shape. Any one buying?
...
Whats it for?
Sniped some Sushi, down over -80% from peak. Can’t resist.
To the moon, very exciting resounding and coming on the heels of the success after El Salvador doing the same
https://www.yahoo.com/finance/m/8aa3a400-0f75-3dc1-adb5-e54b39b80c69/another-country-adopts.html
Just have to see this with a little humour I suppose, I like this one best 🙂
Thats a serious nosedive that just kicked off alright, hard to buy the dips when you don't know how dippy the dip can get 🙈
Probably good advice but couldn't resist a little nip of btc earlier at 34.4, it being pay day and all
Probably heading for lower lows. Stack your cash.
No issues taking free crypto
For those of you on Revolut, a few euros worth of free dot. I know Revolut is looked down upon here when it comes to trading crypto, but free is free.
I picked some up at five cents, my Luna and Sol are doing far better though. The defi space is a bit oversaturated, so many projects competing for the market.
Rose is not a privacy token for buying drugs on the dark web.
if anything it was designed for the corporate world
As the crypto scene matures we can see the corporate world is waiting to adopt the tech, the coins we have been chasing the last few years are marketed toward the retail investors. The next gen are made specifically for the corporate world, hence we see very little promotion of them , the audience is Wall Street and they are probably telling these developers exactly what they need from a project.
Rose/Link are not aimed at retail, get your head around that and you will soon realise that you need to keep stacking, we have the opportunity to pick up tomorrows big thing before the big boys announce it to the world.
One issue with Rose is that it’s privacy based and regulators might come knocking. It’s an issue with all privacy projects, it usually keeps corporate investment out. I was surprised to see it actually get corporate investment for this reason.
They're hiring remotely in Ireland. If your s software engineer salaries are €160K and €240K for mid level and senior level respectively. This is split 50/50 cash and stock.
