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Are we excited yet?

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  • Registered Users, Registered Users 2 Posts: 1,311 ✭✭✭erlichbachman


    Wow, almost 68k this morning, hard to believe we could retest that 69k barrier again so quickly



  • Registered Users, Registered Users 2 Posts: 8,256 ✭✭✭Grumpypants


    Yeah there is serious buy pressure to have us back up within a day.



  • Registered Users, Registered Users 2 Posts: 1,311 ✭✭✭erlichbachman


    Yea, I think the fact that it did technically reach new ath, even though it was immediately rejected and nuked, can be used to communicate to those outside of crypto that Bitcoin reached a new ath which will bring more people in, so it wasn’t a complete failure. The most interesting part now is where it goes when 69k is breached, nobody seems to know where it will land, every time it broke ath before it did a multiple x, and multiple x on 69k would be pretty insane.



  • Registered Users, Registered Users 2 Posts: 11,392 ✭✭✭✭Timmaay


    This is the big news story they have been talking about last week or so, I'd say that drove it to the ATH of 2. I have a nice bag of fetch now but I'll be bluntly honest I only got involved with it back in 2019 when I decided to spend my 50e free crypto.com sign-up bonus on what coin was the cheapest and didn't sound like a pure shitcoin, which happened to be fetch at 4c, I bought more along the way, saw it hit 80 that cycle, then back to 1.4c, then 1.20, back to 6c, onto 2dollars now. In terms of the fetch project, the more I read of it the more I liked the whole area, who knows will AI actually make the same impact say the internet did across last 25yrs, but at the minute everybody thinks it will make a massive impact so thats good enough for me, will fetch actually make it big and be the next Amazon etc lol, Tim lets not be an idiot and pretend you actually know, the odds are totally stacked against it 2bh, but more importantly, how far will it run in the short term, and what major pullbacks will we see again (I cashed out another 5% just there now, rest of it is staking on Binance, locked away from me doing anything too stupid lol)



  • Registered Users, Registered Users 2 Posts: 11,392 ✭✭✭✭Timmaay


    Do we have to give a btc each if it doesn't drop to that lol?



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  • Registered Users, Registered Users 2 Posts: 5,655 ✭✭✭endainoz


    Eth the quickest to recover, can see that getting the ATH next. Money flowing into that in a big way.



  • Registered Users, Registered Users 2 Posts: 1,311 ✭✭✭erlichbachman


    No, a simple sorry erlich we were wrong will suffice.

    Just got some Fet there now, feel like an idiot buying back in now after selling for 20 something cents but it does seem to be one that will take off even from here.



  • Registered Users, Registered Users 2 Posts: 8,256 ✭✭✭Grumpypants


    Listening to a clip with Pom and he said 3 out of the last 4 times bitcoin broke the ATH, it doubled in 18 days.


    Match madness ahead



  • Registered Users, Registered Users 2 Posts: 20,970 ✭✭✭✭cnocbui


    The bitcoin family apparently moved to Portugal. Sounds good enough for me.


    Post edited by cnocbui on


  • Registered Users, Registered Users 2 Posts: 20,970 ✭✭✭✭cnocbui


    And while I am on the crypto pumping memes topic: Forget taxi drivers, it's when you see a boards thread asking about the cost of buying and operating a private helicopter that you know it's goten serious.

    https://www.boards.ie/discussion/2058339087/helicopter-costs



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  • Registered Users, Registered Users 2 Posts: 19,087 ✭✭✭✭Dohnjoe



    At around 9 or 10 this evening everything will temporarily "turn" green again, so will be curious to see what rebounds and by how much (excluding those that already green)



  • Registered Users, Registered Users 2 Posts: 1,311 ✭✭✭erlichbachman


    Yea, a little reward given that I have now officially dropped what was to be a 10x

    Anyways I still feel this will be the most interesting one of the alts I hold



  • Posts: 45,738 ✭✭✭✭ [Deleted User]


    NEAR gone to the moon!



  • Registered Users, Registered Users 2 Posts: 8,078 ✭✭✭BKtje


    AI tokens also with a sharp wick, Render and now Nosana. Crazy that my Nos bag has more than doubled in under a month.



  • Registered Users, Registered Users 2 Posts: 8,078 ✭✭✭BKtje


    Which crypto are you talking about? Or are you talking about crypto in general in which case I point to the current fiat world where much of your fears already exist. Controlled by the government, impoverishing the average joe to pay for elections and promises to the masses which are rarely delivered and controlled by the ultra rich.

    Anything has value if someone is willing to pay for it and it has the value of what that person is willing to pay. Your opinion is your opinion and your welcome to it however the financial system is changing and you either accept it or lose out. That is my opinion and I guess we'll see who's right over the next few years.

    Post edited by Boards.ie: Mike on


  • Posts: 1,167 ✭✭✭ [Deleted User]


    Yup, definitely in the beginning of a real run.

    The anti cryptos are coming

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 498 ✭✭HGVRHKYY


    Pathetic. Imagine being so narcissistic to think your opinion is so valuable that you'd bother wasting your time navigating to a forum and thread about a topic just to let people interested in that topic know you don't like that topic. Get a life?


    On top of making life changing money, one of the sweetest parts of crypto is getting to laugh at bitter people like this guy, and enjoy schadenfreude at the thought they've missed out and can't handle that so they displace their negative thoughts onto random strangers online who didn't lose out like them.

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 5,811 ✭✭✭silliussoddius


    For everyone that makes life changing money there is going to be a bag holder. At least be honest about what you’re really buying and selling.



  • Registered Users, Registered Users 2 Posts: 5,791 ✭✭✭el diablo


    edit...

    Post edited by el diablo on

    Orange pilled.



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  • Registered Users, Registered Users 2 Posts: 8,078 ✭✭✭BKtje


    What's this talk of drug dealers, arms dealers and paedos got to do with this topic? I mean these "scum" use Fiat currencies on a daily basis. They might be using crypto to attempt to hide their illegal business but they definitely use the traditional monetary system to do so. The current rising tide is due to money flowing into the Etf's who do their kycs and it's mainly institutional money.

    As to how much Bitcoin I own, does it matter? It's not my biggest crypto holding in any case as I think there are better options this cycle. If it all goes to **** then it will hurt but I still have a decent pension plan as well as stocks. Diversification is the key to minimising risk.

    As to the price of Bitcoin in 12 months, I'm thinking that it will be well in excess of where it is now. In 18 months we'd normally be crashing back to earth but who knows, with the institutional money flowing in a huge crash is hard to see but what do I know, I can't see the future.



  • Registered Users, Registered Users 2 Posts: 2,779 ✭✭✭Markus Antonius


    Keep maxing out your pension avcs and enjoy shooting the breeze on the breadline! 😂

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 45 ZMOONY


    scrutinised financials...

    amlintelligence.com/2024/01/latest-more-than-3trillion-in-illicit-funds-flowed-thru-global-financial-system-in-2023-banks-call-for-more-regulatory-guidance-to-tackle-endemic/

    More than $3trillion in illicit funds flowed through global financial system in 2023; banks call for more regulatory guidance to tackle endemic

    $346.7 billion in human trafficking

    Fines for these breaches were about €352 I'd say.

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 19,087 ✭✭✭✭Dohnjoe


    It's garbage, but the money made from it is real. Maybe there will be global regulations one day, but so far, it's a wealth exchange on a plate. The patient taking cash from the impatient for artificially scarce digital tokens, mostly due to greater fool theory.

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 19,087 ✭✭✭✭Dohnjoe



    The "everything is green 24 hours after a sharp dip" effect in action and triggering it's own gains.



  • Registered Users, Registered Users 2 Posts: 20,970 ✭✭✭✭cnocbui


    A couple of US states, like Colorado, will let you pay your taxes with BTC.

    Last week the governor of Florida announced plans to become the second state to accept Bitcoin (BTC 4.13%) (BTC 4.13%) as payment for state taxes. About a month ago, Colorado's Governor Polis made a similar announcement, in hopes of making the state more crypto-friendly.

    Years prior to thes two:

    Ohio has become the first U.S. state to allow taxes to be paid in bitcoin, starting with businesses.

    By Yogita Khatri Nov 26, 2018

    Seven US legislators have or had BTC holdings:

    According to “Bitcoin Politicians” — a crowdsourced data project aimed at tracking U.S. political figures’ crypto holdings using public financial disclosures — there are currently seven known crypto investors across both chambers of Congress.

    https://cointelegraph.com/news/early-birds-u-s-legislators-invested-in-crypto-and-their-digital-asset-politics

    And back in the day, at least one US State government invested state funds in BTC. I can't off-hand remember exactly which one but the governor was a woman who was very chuffed with the success of her investment on behalf of her state.

    US states are not drug dealers, paedophiles or arms dealers.

    My BTC investment has easily been the best performing investment I have made.

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 20,970 ✭✭✭✭cnocbui


    Russia has been financing it's war on Ukraine by selling off some of the gold reserves it accumulated over several years prior to invading. Putin clearly had this planned years prior.

    Russia turns to Gold to raise cash and skirt economic sanctions

    ..but bitcoin.

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 19,087 ✭✭✭✭Dohnjoe


    People like the make money, including some politicians.

    Whether it's Bitcoin, or Bitcoin cash, or Bitcoin SV, or Bitcoin ABC turned into Ecash, or Dogecoin, or whatever, it's all the same thing and (apart from the fundamentalists) it's just about making money at the end of the day. Which anyone, including certain politicians, are more than happy with.

    It's investing people's desire to own something scarce, "the next big thing" and their unfailing ability to fall for hype and FOMO, which crypto delivers in spades (and not much else)



  • Registered Users, Registered Users 2 Posts: 19,087 ✭✭✭✭Dohnjoe


    True, but it's been slippery to regulate and just seems to have too many heads for regulators to be able to do anything drastic (so far)

    People are never going to tire of going to casino's to gamble, and apparently people don't seem to be tiring of doing the same with crypto tokens/coins.

    The mantra in crypto is always "don't put in more than you can afford to lose", it encapsulates the ethos of the thing - placing the burden of risk on ourselves rather than entities. Lost everything to a hack or exchange collapse? Tough luck, your fault for not taking care of your coins properly. Obviously can't run a national financial system on that ethos, but, as mentioned crypto is a casino cosplaying as a financial system.

    As for losses, the more experienced crypto people I suspect haven't lost much, likewise I'd say most of these boards people are green (some very well green). Unfortunately that usually falls to the waves of the public who FOMO in during the peak of a frenzied hype or get caught in crashes/scams/collapses - and are then reliant on a newer wave paying more than they did in order to sell their bags.

    Post edited by Boards.ie: Mike on


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  • Registered Users, Registered Users 2 Posts: 5,791 ✭✭✭el diablo


    You appear to be completely clueless on this subject matter or perhaps you're merely an attention-seeking troll. BTC is not "the currency of the dark web". Privacy coins such as M0nero, Pirate Chain, ZCash etc are much more commonly used there. Everything on the BTC blockchain is highly visible and immutable so it would be extremely foolish to use it for criminal activities (although it certainly had a reputation for this in its early days). Tesla stopped accepting BTC due to pressure from the "environmentalists" and the climate cult and not because of its volatility. And it's more a store of value (similar to gold) than a means of exchange or a peer to peer currency nowadays.

    Post edited by Boards.ie: Mike on

    Orange pilled.



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