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Is anyone else starting to become a bit worried? mod note in first post

Autochange

Bear markets
Fud
Regulation
Wall Street manipulation
The supposed tether ticking time bomb

What are your thoughts? Have you cashed out? Have you been buying the dips?

MOD NOTE:
Its good to see healthy debate and discussion taking place and I am sure every supporter of cryptocurrency and blockchain can agree that the contrarian viewpoint is worthwhile reading, if only to act as an anchor and help prevent investors from getting carried away in an echo chamber of "everything is wonderful, just keep going"

However, there have been a few reported posts recently which I did not action as I wanted to see the thread level out itself rather than start forcing viewpoints and I have been in two minds about that decision.

I'm not going to single any posters out but I'm going to ask that all posters read the forum charter and I want to point out that it was established years ago in the Television forum, that dropping in on a forum to tell the followers of that forums topic (in that case a particular tv show) that it was all crap and only idiots watched it etc etc was the exact definition of being a dick and attempting to troll. I know this because I was the mod of the forum at the time. Now look at the forum charter again.

There is pretty much one rule on this forum : if you cannot discuss in a civil manner, and I mean discuss, not soapbox or attack, then you have absolutely no business posting here and I have no qualms about removing your ability to do so.

This forum is for people that have in interest in cryptocurrencies, blockchain and their application to financial investments. that can be positive or negative but if you really feel the need to start pulling out memes / hiding insults in imaginary hashtags / attacking personalities or just generally being a dick there are other forums you can post in where I will let the local mods determine if it is within the scope of allowable behaviour. Here, it is not.

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Comments

Kaybaykwah

https://www.boards.ie/discussion/comment/120345400#Comment_120345400

2024: the excrement will collide with the ventilator.

Dohnjoe

USDC breaking it's peg. A lot of exposure to SVB.

Potatoeman

https://www.boards.ie/discussion/comment/120346089#Comment_120346089

I wouldn’t USDC that for a dollar.

[Deleted User]

Repeg complete, all aboard that’s going aboard, expecting only green for the next couple of weeks, don’t miss out folks

Dohnjoe

https://www.boards.ie/discussion/comment/120353459#Comment_120353459

"Buy to boost my holdings people, keep buying, everyone buy, all aboard everyone, don't miss out, BuY tHe DiP"

Sincerely,

Every crypto-bro

[Deleted User]

Seriously dude, this is boards, this thread will have about 8 views in a month, you really need to start lightening up or ask the doctor for a Xanax prescription, plus you shudda got a ban for that blasphemy on satoshi

[Deleted User]

24k bitcoin folks, last of the cheapies going now

Thargor

Surprised at that recovery tbh.

[Deleted User]

Why surprised? the recent decline was based solely on the svb case. Now svb are being bailed out, and the purpose of crypto has been highlighted for even more eyes to see.

Yet again, we could have had the ordinary joe soap queing up in a bank this morning only to be told, sorry but we don’t have your money Mr Bachman, we gambled it and we lost.

Dohnjoe

https://www.boards.ie/discussion/comment/120353619#Comment_120353619

I'm perfectly fine thanks, just explaining to others how this scheme works. I've got crypto too, it goes up if more people throw money at it, I'm in the same boat.

Potatoeman

https://www.boards.ie/discussion/comment/120354313#Comment_120354313

Too fast, expect a drop again. Short term traders are having a field day.

[Deleted User]

https://www.boards.ie/discussion/comment/120354380#Comment_120354380

Well then we can all make money together and live happily ever after, welcome to the club

Dohnjoe

https://www.boards.ie/discussion/comment/120354440#Comment_120354440

We don't "all make money together". Anyone who paid over 24k for BTC is underwater. They are waiting for someone else to pay more than they did, and then those need a larger wave to pay them and so on. All for something that produces nothing.

So it's more a "we are all in this to fleece each other' club, much like a casino :)

[Deleted User]

Only those connect to grey matter, so you’re safe cork

[Deleted User]

You’re asking the wrong questions cork, there’s only 2 questions should be asked, wen moon and wen lambo

[Deleted User]

Is everybody ready for another pump today?

antimatterx

I'm stunned by this rally.

[Deleted User]

Great innit, 30k bitcoin not far off now

fritzelly

This is all too hopeful for this thread

[Deleted User]

Ahh don’t worry, the lads will be in shortly to drag us down, but for now let’s all enjoy our moment

antimatterx

https://www.boards.ie/discussion/comment/120357485#Comment_120357485

I don't see it tbh, despite this rally. I'd happily be wrong.

[Deleted User]

https://www.boards.ie/discussion/comment/120357407#Comment_120357407

Inflation reported to have slowed to 6%, and many agree the more accurate prediction would be around the 4.5-5 mark, all systems go from here

antimatterx

https://www.boards.ie/discussion/comment/120357809#Comment_120357809

US Inflation at 6% isn't enough to sustain this rally. There are still tough times ahead and I don't see a bull run this year.

silliussoddius

Maybe there might be people thinking they can sell it for Kathy Wood numbers in the future?

cnocbui

https://www.boards.ie/discussion/comment/120357971#Comment_120357971

Up only 43% in 3 months. I'll keep hoping for a bull run. It's the bank run on SVB that did it. I wonder if it was the be your own bank idea?

Potatoeman

Ledger taking heat over seed phrase recovery service. Major concerns over it being closed source and what permissions they already have:

https://www.coindesk.com/tech/2023/05/16/ledger-bats-back-criticism-of-new-wallet-recovery-service/

fritzelly

https://www.boards.ie/discussion/comment/120651616#Comment_120651616

Hello noobie spammer

antimatterx

https://www.boards.ie/discussion/comment/120651616#Comment_120651616

**** off

[Deleted User]

Bot

[Deleted User]

Haven’t used my ledger since the proposed change, was planning on not hitting the update if I could get away with it, have they changed their mind and held off?