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

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Comments

  • #5612
    fritzelly
    Registered Users, Registered Users 2 Posts: 18,128 ✭✭✭✭fritzelly


    Crypto loving Trump right now…



  • #5613
    el diablo
    Registered Users, Registered Users 2 Posts: 5,782 ✭✭✭el diablo


    Edit…

    Post edited by el diablo on

    Orange pilled.



  • #5614
    erlichbachman
    Registered Users, Registered Users 2 Posts: 1,283 ✭✭✭erlichbachman


    Aaaaand we’re baaaack



  • #5615
    antimatterx
    Registered Users, Registered Users 2 Posts: 3,432 ✭✭✭antimatterx


    https://www.boards.ie/discussion/comment/123129421#Comment_123129421

    if you're going to be anxious at least own it and don't be afraid to leave your messages up.



  • #5616
    el diablo
    Registered Users, Registered Users 2 Posts: 5,782 ✭✭✭el diablo


    https://www.boards.ie/discussion/comment/123131182#Comment_123131182

    I'm not anxious.😀 I've been in this game a long time and I actually prefer bear markets in crypto.

    Orange pilled.



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  • #5617
    worded
    Registered Users, Registered Users 2 Posts: 4,834 ✭✭✭worded


    Screenshot_2025-02-11-17-35-51-148-edit_com.instagram.android.jpg

    HODLer



  • #5618
    byrne249
    Registered Users, Registered Users 2 Posts: 230 ✭✭byrne249


    Chart Pattern has repeated after all which leaves this 'bull' looking very meek. The descent to the 21 weekly combined with everything falling over wrt ETF & on-chain metrics was my bellweather, and as expected the sell off once it broke is picking up pace.

    The halvings were always a law of diminishing returns but this 50-60% uplift compared to 400% last cycle is atrocious.

    Good luck to the Hodlers, I'm sure btc will be 110k by year end, but the value is no longer there for me





  • #5619
    erlichbachman
    Registered Users, Registered Users 2 Posts: 1,283 ✭✭✭erlichbachman


    https://www.boards.ie/discussion/comment/123218087#Comment_123218087

    There has never been a bull run which hasn’t seen pullbacks of 30 40 and 50%

    What would it take to rise again, the cost saving exercise which doge are currently under will pay off to reduce inflation but that will take time, trump is still waving the stick of tariffs and hopefully is just a negotiation tactic, US states and federal have cleared the way for BTC strategic reserves but they haven’t even started buying yet, regulation is still to be clarified, the signs are still good to me.



  • #5620
    antimatterx
    Registered Users, Registered Users 2 Posts: 3,432 ✭✭✭antimatterx


    Eth saw a 50% decline over 10 weeks in summer 2021 before rallying to it's ATH in November.

    The last 10 weeks eth has dropped 43%. Potentially has some more room to fall but I could see a great rally latter this year.

    History doesn't repeat, but often rhymes.



  • #5621
    Nody
    Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,508 CMod ✭✭✭✭Nody


    https://www.boards.ie/discussion/comment/123218431#Comment_123218431

    Dodge department will do sod all for inflation; Trump's current budget is $4.500 billion tax cuts with $2.000 billion in increased borrowing over 10 years against Dodge hopeful savings of $50 billion (and I say hopeful because a lot of is already challenged and stopped in court for review). As reference the interest alone in 2023 was over $726 billion on the US debt… Inflation will continue on up on the tax savings alone before any tariffs etc. are applied to the equation and Dodge will have zero impact; or to put it in terms Americans understand egg prices are forecasted to go up 41% 2025 with other food prices expected to increase by 3.4%.



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  • #5622
    erlichbachman
    Registered Users, Registered Users 2 Posts: 1,283 ✭✭✭erlichbachman


    https://www.boards.ie/discussion/comment/123218480#Comment_123218480

    A reduction in spending is deflationary, doge alone won’t define deflation but it will contribute, that and other current cost saving exercises will filter through but they will take time.



  • #5623
    byrne249
    Registered Users, Registered Users 2 Posts: 230 ✭✭byrne249


    https://www.boards.ie/discussion/comment/123218431#Comment_123218431

    I've been at this a while and I can finally say I am content to leave it for now knowing I've made a buck. Might see 2x in the short term? This cycle saw a 5x, possibly a 6x if your timing was impeccable. The last one was ~20x. And Honestly, my gut twists whenever I see Elon or Trump mention crypto and not in a good way.

    But on your point. Are you saying you 'want' deflation? I thought it would be the other way around



  • #5624
    byrne249
    Registered Users, Registered Users 2 Posts: 230 ✭✭byrne249


    https://www.boards.ie/discussion/comment/123218478#Comment_123218478

    I actually sold the last of my Eth last week, maybe that was foolish but a fool that made money did alright. I once genuinely believed it would hit 5-8k. I'm happy be to out of it because the change to POS never made sense to me, what creates the price floor? Nothing really, if you give me a 'free' token I will sell it at any price. The technical aspects to cause artificial deflation don't sit right with me either.

    In saying all of this, I still believe in upside for the rest of the year 'rhyming' with past cycles but I just don't see it being a major financial windfall as in the past. And at it's core I always felt there is a black swan waiting round each corner and the stress of that isn't worth it either.



  • #5625
    _BAA_RAM_EWE
    Registered Users, Registered Users 2 Posts: 715 ✭✭✭_BAA_RAM_EWE


    https://www.boards.ie/discussion/comment/123218480#Comment_123218480

    https://www.thedrive.com/news/trumps-ev-rollback-could-cost-taxpayers-1-billion

    …6Billion over time.



  • #5626
    antimatterx
    Registered Users, Registered Users 2 Posts: 3,432 ✭✭✭antimatterx


    .v



  • #5627
    Kaybaykwah
    Registered Users, Registered Users 2 Posts: 3,613 ✭✭✭Kaybaykwah


    I don’t know about crypto, but I’m tempted by the TEMU coupons spam that takes up so much space on Boards.IE.



  • #5628
    dirk_dangler
    Registered Users, Registered Users 2 Posts: 609 ✭✭✭dirk_dangler


    Brutal downwards price action, holdings down approx 40% in 3 months with no bottom in sight.

    EU launching digital Euro in October, we will all be broke and begging for it by then at this rate😂



  • #5629
    erlichbachman
    Registered Users, Registered Users 2 Posts: 1,283 ✭✭✭erlichbachman


    If Japan raise interest rates again this week there will be a lot more tears, inflation is cooling though so the fed have to lower interest rates, just a question of how much. Money printing begins though it will take some time to flow through, step away from the screens folks, it’s springtime go walk outside.



  • #5630
    Kaybaykwah
    Registered Users, Registered Users 2 Posts: 3,613 ✭✭✭Kaybaykwah


    I don’t know, Spring is severely overrated.



  • #5631
    _BAA_RAM_EWE
    Registered Users, Registered Users 2 Posts: 715 ✭✭✭_BAA_RAM_EWE


    Nothing to worry about unless you bought meme or spent money you need back in a hurry.

    Otherwise MEH



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  • #5632
    Dohnjoe
    Registered Users, Registered Users 2 Posts: 18,991 ✭✭✭✭Dohnjoe


    Well that happened quicker than I thought it would. Most of the rise was Trump anyway, but I didn't think he'd tank the economy so quickly.

    Any guesses on what could create the next hype run?



  • #5633
    antimatterx
    Registered Users, Registered Users 2 Posts: 3,432 ✭✭✭antimatterx


    Buying eth when it hits 1500. Probably tomorrow at this rate.



  • #5634
    Nody
    Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,508 CMod ✭✭✭✭Nody


    https://www.boards.ie/discussion/comment/123251903#Comment_123251903

    Russia to officially be allowed to use USA crypto exchanges? Some new tax policy around crypto taxing in the USA (to coincide with a new Trump meme coin)? Covid style free money cheque to "restart the economy" is probably the more likely one however.



  • #5635
    cnocbui
    Registered Users, Registered Users 2 Posts: 21,034 ✭✭✭✭cnocbui


    https://www.boards.ie/discussion/comment/123251903#Comment_123251903
    Untitled Image

    This was written the last time wrecking ball was at work - 100 times truer this time. People like link marine were going on about how good Trump would be for crypto and I was thinking in my head he'd likely cause BTC to tank, and sure enough…



  • #5636
    _BAA_RAM_EWE
    Registered Users, Registered Users 2 Posts: 715 ✭✭✭_BAA_RAM_EWE


    https://www.boards.ie/discussion/comment/123253266#Comment_123253266

    trump said he was gonna buy a Tesla to help Elon.

    here's hoping Tesla dies

    not that I believe he was gonna buy one.



  • #5637
    silliussoddius
    Registered Users, Registered Users 2 Posts: 5,581 ✭✭✭silliussoddius


    https://www.boards.ie/discussion/comment/123253266#Comment_123253266

    Tanking for now. The carrot will always be there for the small fry to stock up and the insiders will make a killing.



  • #5638
    fritzelly
    Registered Users, Registered Users 2 Posts: 18,128 ✭✭✭✭fritzelly


    Whoever said they were buying ETH at 1500 might want to re-evaluate that



  • #5639
    erlichbachman
    Registered Users, Registered Users 2 Posts: 1,283 ✭✭✭erlichbachman


    Trump reckons we haven’t suffered enough yet and continues to troll Canada.



  • #5640
    silliussoddius
    Registered Users, Registered Users 2 Posts: 5,581 ✭✭✭silliussoddius


    I checked my thesaurus, I don’t see petty spitefulness along side trolling.



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  • #5641
    antimatterx
    Registered Users, Registered Users 2 Posts: 3,432 ✭✭✭antimatterx


    https://www.boards.ie/discussion/comment/123254063#Comment_123254063

    I did. I have exposure that I'm not buying unless it hits deep value. If it goes lower I'll dynamic DCA



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